Vault-13

SHYFT GROUP INC SPAR

COM · Common Stock · CUSIP 825698103 · ISIN US8256981031

168 institutional holders -13 vs Q3 2023
31,116,09031.1m shares reported held*
$380.2mreported value*
19 new 63 added 54 reduced 33 sold out net bought ≈ $23.6m (+1.9m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($344.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.22. Options: 2 managers hold calls ($94.1k notional), 2 hold puts ($11.0k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 178Q4 22: 182Q1 23: 186Q2 23: 178Q3 23: 181Q4 23: 168168Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022178
Q4 2022182
Q1 2023186
Q2 2023178
Q3 2023181
Q4 2023168

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 82 bought or addedQ4 22: 76 cut or sold outQ4 22Q1 23: 83 bought or addedQ1 23: 74 cut or sold outQ1 23Q2 23: 77 bought or addedQ2 23: 80 cut or sold outQ2 23Q3 23: 103 bought or addedQ3 23: 74 cut or sold outQ3 23Q4 23: 82 bought or addedQ4 23: 87 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20228276
Q1 20238374
Q2 20237780
Q3 202310374
Q4 20238287

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600k$800kQ1 23 calls: $395.6kQ1 23 puts: $61.4kQ1 23P/C 0.16Q2 23 calls: $136.1kQ2 23 puts: $33.1kQ2 23P/C 0.24Q3 23 calls: $570.4kQ3 23 puts: $654.2kQ3 23P/C 1.15Q4 23 calls: $94.1kQ4 23 puts: $11.0kQ4 23P/C 0.12
Numbers
QuarterCallsPutsP/C
Q1 2023$395.6k$61.4k0.16
Q2 2023$136.1k$33.1k0.24
Q3 2023$570.4k$654.2k1.15
Q4 2023$94.1k$11.0k0.12

Biggest buyers

MORGAN STANLEY Added +2,190,649+2.2m
D. E. Shaw & Co., Inc. Added +499,097+499.1k
UBS Group AG Added +375,074+375.1k
MILLENNIUM MANAGEMENT LLC Added +357,694+357.7k
PNC Financial Services Group, Inc. Added +270,284+270.3k
BlackRock Inc. Added +238,341+238.3k
Walleye Capital LLC Added +229,426+229.4k
Nuveen Asset Management, LLC Added +211,731+211.7k
TWO SIGMA INVESTMENTS, LP Added +206,608+206.6k
JUPITER ASSET MANAGEMENT LTD New +145,582+145.6k

Biggest sellers

GW&K Investment Management, LLC Reduced -1,493,092-1.5m
Aberdeen Group plc Sold out -812,156-812.2k
MARSHALL WACE, LLP Sold out -281,145-281.1k
Medina Value Partners, LLC Sold out -255,512-255.5k
FIRST TRUST ADVISORS LP Reduced -243,326-243.3k
T. Rowe Price Investment Management, Inc. Reduced -213,375-213.4k
Allspring Global Investments Holdings, LLC Sold out -166,310-166.3k
PRUDENTIAL FINANCIAL INC Reduced -166,100-166.1k
Tabor Asset Management, LP Sold out -152,779-152.8k
Manatuck Hill Partners, LLC Sold out -113,700-113.7k

Biggest calls

CITADEL ADVISORS LLC Reduced $94.1k7.7k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $11.0k900 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
T. Rowe Price Investment Management, Inc. 13G · institution +1.2 pts · filed 2025-05-07 10.6% +1.2 pts 3.7m 2025-05-07
PZENA INVESTMENT MANAGEMENT LLC 13G · institution +1.2 pts · filed 2025-07-03 10.2% +1.2 pts 3.6m 2025-07-03
BlackRock, Inc. 13G · institution filed 2025-04-24 7.0% 2.4m 2025-04-24

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,279,0843.3m $40.1m $40.1m 0.00% Added +2.2m +2,190,649
2 BlackRock Inc. 0.00% of their portfolio New York, NY 2,636,0332.6m $32.2m $32.2m 0.00% Added +238.3k +238,341
3 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 2,157,0192.2m $26.4m $26.4m 0.01% Reduced -80.7k -80,741
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,774,9011.8m $21.7m $21.7m 0.00% Added +35.8k +35,825
5 T. Rowe Price Investment Management, Inc. 0.01% of their portfolio BALTIMORE, MD 1,564,7901.6m $19.1m $19.1m 0.01% Reduced -213.4k -213,375
6 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 1,328,6191.3m $16.2m $16.2m 0.02% Added +499.1k +499,097
7 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 1,129,3251.1m $13.8m $13.8m 0.00% Reduced -31.1k -31,104
8 Zuckerman Investment Group, LLC 1.76% of their portfolio CHICAGO, IL 1,117,1201.1m $13.7m $13.7m 1.76% Reduced -14.3k -14,303
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 772,970773.0k $9.4m $9.4m 0.00% Added +67.2k +67,235
10 ROYCE & ASSOCIATES LP 0.08% of their portfolio New York, NY 749,009749.0k $9.2m $9.2m 0.08% Added +98.2k +98,230
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 707,444707.4k $8.6m $8.6m 0.00% Added +21.8k +21,806
12 SCHWERIN BOYLE CAPITAL MANAGEMENT INC 0.80% of their portfolio SPRINGFIELD, MA 582,657582.7k $7.1m $7.1m 0.80% Unchanged
13 Orchard Capital Management, LLC 2.10% of their portfolio CHICAGO, IL 548,643548.6k $6.7m $6.7m 2.10% Added +28.7k +28,664
14 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 535,539535.5k $6.5m $6.5m 0.01% Added +270.3k +270,284
15 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 514,217514.2k $6.3m $6.3m 0.00% Added +69.3k +69,264
16 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 488,940488.9k $6.0m $6.0m 0.01% Added +357.7k +357,694
17 CENTAURUS FINANCIAL, INC. 0.41% of their portfolio ANAHEIM, CA 444,671444.7k $5.4m $5.4m 0.41% Reduced -66.0k -66,046
18 First Eagle Investment Management, LLC 0.01% of their portfolio NEW YORK, NY 438,116438.1k $5.4m $5.4m 0.01% Added +135.8k +135,770
19 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 431,623431.6k $5.3m $5.3m 0.01% Reduced -35.6k -35,591
20 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 425,012425.0k $5.2m $5.2m 0.01% Added +96.0k +95,969
21 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 402,673402.7k $4.9m $4.9m 0.01% Reduced -243.3k -243,326
22 UBS Group AG 0.00% of their portfolio ZURICH, V8 401,204401.2k $4.9m $4.9m 0.00% Added +375.1k +375,074
23 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 363,271363.3k $4.4m $4.4m 0.01% Added +206.6k +206,608
24 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 342,678342.7k $4.2m $4.2m 0.00% Reduced -23.3k -23,277
25 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 326,175326.2k $4.0m $4.0m 0.01% Added +127.1k +127,100
26 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 317,340317.3k $3.9m $3.9m 0.00% Reduced -13.2k -13,223
27 JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio FLORHAM PARK, NJ 310,821310.8k $3.8m $3.8m 0.02% Added +24.1k +24,131
28 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 310,312310.3k $3.8m $3.8m 0.00% Added +91.5k +91,450
29 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 303,563303.6k $3.7m $3.7m 0.00% Added +211.7k +211,731
30 NORGES BANK 0.00% of their portfolio OSLO, Q8 262,000262.0k $3.2m $3.2m 0.00% Unchanged
31 Walleye Capital LLC 0.04% of their portfolio NEW YORK, NY 247,943247.9k $3.0m $3.0m 0.04% Added +229.4k +229,426
32 GAMCO INVESTORS, INC. ET AL 0.03% of their portfolio GREENWICH, CT 247,500247.5k $3.0m $3.0m 0.03% Reduced -13.5k -13,500
33 Olstein Capital Management, L.P. 0.50% of their portfolio Purchase, NY 245,000245.0k $3.0m $3.0m 0.50% Added +55.0k +55,000
34 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 237,060237.1k $2.9m $2.9m 0.01% Added +115.4k +115,443
35 CONNORS INVESTOR SERVICES INC 0.32% of their portfolio WYOMISSING, PA 234,568234.6k $2.9m $2.9m 0.32% Added +82.5k +82,521
36 KIRR MARBACH & CO LLC /IN/ 0.73% of their portfolio COLUMBUS, IN 228,823228.8k $2.8m $2.8m 0.73% Reduced -2.3k -2,265
37 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 215,707215.7k $2.6m $2.6m 0.01% Added +62.6k +62,610
38 Foundry Partners, LLC 0.16% of their portfolio MINNEAPOLIS, MN 211,945211.9k $2.6m $2.6m 0.16% Reduced -3.8k -3,795
39 Knights of Columbus Asset Advisors LLC 0.16% of their portfolio NEW HAVEN, CT 200,672200.7k $2.5m $2.5m 0.16% Added +102.1k +102,128
40 HEARTLAND ADVISORS INC 0.13% of their portfolio MILWAUKEE, WI 200,000200.0k $2.4m $2.4m 0.13% Reduced -100.0k -100,000
41 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 174,301174.3k $2.1m $2.1m 0.00% Added +16.0k +16,021
42 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 163,682163.7k $2.0m $2.0m 0.00% Added +74.5k +74,483
43 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 162,814162.8k $2.0m $2.0m 0.00% Added +136.4k +136,367
44 Cubist Systematic Strategies, LLC 0.02% of their portfolio STAMFORD, CT 155,110155.1k $1.9m $1.9m 0.02% Added +4.7k +4,731
45 ISTHMUS PARTNERS, LLC 0.24% of their portfolio MADISON, WI 152,856152.9k $1.9m $1.9m 0.24% Added +30.7k +30,703
46 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 148,412148.4k $1.8m $1.8m 0.01% Reduced -26.5k -26,517
47 JUPITER ASSET MANAGEMENT LTD 0.02% of their portfolio London, X0 145,582145.6k $1.8m $1.8m 0.02% New
48 Numerai GP LLC 0.60% of their portfolio SAN FRANCISCO, CA 138,831138.8k $1.7m $1.7m 0.60% Added +28.1k +28,095
49 MARATHON CAPITAL MANAGEMENT 0.39% of their portfolio Hunt Valley, MD 125,726125.7k $1.5m $1.5m 0.39% Reduced -41.7k -41,720
50 Engineers Gate Manager LP 0.04% of their portfolio NEW YORK, NY 102,890102.9k $1.3m $1.3m 0.04% Added +60.0k +60,010
51 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 101,134101.1k $1.2m $1.2m 0.00% New
52 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 85,93385.9k $1.1m $1.1m 0.01% Added +68.1k +68,082
53 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 77,44877.4k $946.0k $946.0k 0.00% Reduced -13.8k -13,800
54 Keeley-Teton Advisors, LLC 0.12% of their portfolio Chicago, IL 77,39777.4k $945.8k $945.8k 0.12% Reduced -960 -960
55 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 70,30270.3k $859.1k $859.1k 0.00% Reduced -44.5k -44,547
56 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 70,00070.0k $855.4k $855.4k 0.01% Reduced -5.0k -5,000
57 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 67,59467.6k $826.0k $826.0k 0.00% Added +55.5k +55,497
58 Swiss National Bank 0.00% of their portfolio ZURICH, V8 65,50065.5k $800.4k $800.4k 0.00% Reduced -7.4k -7,400
59 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 54,33154.3k $664.0k $664.0k 0.00% Reduced -3.7k -3,741
60 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 53,89653.9k $658.6k $658.6k 0.00% Reduced -12.9k -12,930
61 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 53,31153.3k $651.5k $651.5k 0.00% Reduced -1.3k -1,258
62 NJ State Employees Deferred Compensation Plan 0.09% of their portfolio TRENTON, NJ 52,00052.0k $635.4k $635.4k 0.09% Unchanged
63 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 51,30751.3k $627.0k $627.0k 0.00% Added +8.8k +8,813
64 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 48,99649.0k $598.7k $598.7k 0.00% Added +10.4k +10,397
65 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 45,72645.7k $558.8k $558.8k 0.00% Reduced -205 -205
66 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 44,55044.5k $568.5k $568.5k 0.00% New
67 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 40,97041.0k $500.7k $500.7k 0.00% Unchanged
68 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 40,93940.9k $500.3k $500.3k 0.00% Added +23.4k +23,368
69 Perritt Capital Management Inc 0.27% of their portfolio Chicago, IL 40,19840.2k $491.2k $491.2k 0.27% Reduced -965 -965
70 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 39,04639.0k $477.0k $477.0k 0.00% New
71 Man Group plc 0.00% of their portfolio LONDON, X0 38,92638.9k $475.7k $475.7k 0.00% New
72 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 38,10638.1k $465.7k $465.7k 0.00% Reduced -1.6k -1,615
73 Pacific Ridge Capital Partners, LLC 0.09% of their portfolio LAKE OSWEGO, OR 37,57037.6k $459.1k $459.1k 0.09% Unchanged
74 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 36,19136.2k $439.0k $439.0k 0.00% Added +4.3k +4,260
75 Legal & General Group Plc 0.00% of their portfolio London, X0 35,32435.3k $431.7k $431.7k 0.00% Reduced -138 -138
76 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 35,14535.1k $429.5k $429.5k 0.00% Reduced -1.7k -1,728
77 GSA CAPITAL PARTNERS LLP 0.03% of their portfolio LONDON, X0 32,13832.1k $393.0k $393.0k 0.03% Reduced -14.5k -14,484
78 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 32,05132.1k $391.7k $391.7k 0.00% Reduced -3.8k -3,786
79 AlphaQuest LLC 0.08% of their portfolio New York, NY 31,88131.9k $389.6k $389.6k 0.08% First filing
80 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 31,64531.6k $386.7k $386.7k 0.00% Added +8.3k +8,300
81 ALGERT GLOBAL LLC 0.02% of their portfolio SAN FRANCISCO, CA 30,62030.6k $374.2k $374.2k 0.02% Unchanged
82 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 30,34830.3k $370.9k $370.9k 0.00% Reduced -5.4k -5,407
83 Exchange Capital Management, Inc. 0.07% of their portfolio Ann Arbor, MI 30,00030.0k $366.6k $366.6k 0.07% Unchanged
84 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 29,23429.2k $358.0k $358.0k 0.00% Added +3.7k +3,663
85 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 26,79726.8k $327.0k $327.0k 0.00% New
86 Azimuth Capital Investment Management LLC 0.01% of their portfolio BLOOMFIELD HILLS, MI 25,50025.5k $311.6k $311.6k 0.01% Unchanged
87 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 24,49524.5k $299.0k $299.0k 0.00% New
88 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 24,08024.1k $294.3k $294.3k 0.00% Added +294 +294
89 Y-Intercept (Hong Kong) Ltd 0.03% of their portfolio HONG KONG, K3 23,97724.0k $293.0k $293.0k 0.03% New
90 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 23,89123.9k $291.9k $291.9k 0.00% Reduced -10.7k -10,716
91 Nebula Research & Development LLC 0.08% of their portfolio New York, NY 22,37322.4k $273.4k $273.4k 0.08% Added +12.2k +12,231
92 Graham Capital Management, L.P. 0.01% of their portfolio ROWAYTON, CT 22,00222.0k $268.9k $268.9k 0.01% Added +7.3k +7,262
93 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 21,50021.5k $262.7k $262.7k 0.00% Reduced -1.5k -1,460
94 Zhang Financial LLC 0.02% of their portfolio PORTAGE, MI 21,38121.4k $261.3k $261.3k 0.02% Unchanged
95 Aristides Capital LLC 0.13% of their portfolio LOUISVILLE, KY 20,48720.5k $250.4k $250.4k 0.13% New
96 SHELL ASSET MANAGEMENT CO 0.01% of their portfolio THE HAGUE, P7 19,12419.1k $234.0k $234.0k 0.01% Reduced -5.8k -5,756
97 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.02% of their portfolio Englewood, NJ 18,81518.8k $229.9k $229.9k 0.02% New
98 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 17,95718.0k $219.0k $219.0k 0.00% New
99 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 17,70717.7k $216.6k $216.6k 0.00% Reduced -14.1k -14,082
100 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 17,63517.6k $215.5k $215.5k 0.00% Unchanged