SIBANYE STILLWATER LTD SBSW
SPONSORED ADR · ADR · CUSIP 82575P107 · ISIN US82575P1075
The largest individual producer of gold from South Africa
- SectorMaterials
- IndustryGold and Silver Ores
- HeadquartersMeđreč, South Africa
- Founded2012
- Websitesibanyestillwater.com
- FilingsSEC EDGAR
* 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 ($4.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.66. Options: 16 managers hold calls ($50.3m notional), 13 hold puts ($32.3m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 186 |
| Q4 2022 | 209 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $43.5m | $34.9m | 0.80 |
| Q4 2022 | $50.3m | $32.3m | 0.64 |
Biggest buyers
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +3.5m |
| LORD, ABBETT & CO. LLC | New | +1.4m |
| AQR CAPITAL MANAGEMENT LLC | Added | +1.2m |
| TSP Capital Management Group, LLC | New | +941.3k |
| CITADEL ADVISORS LLC | Added | +832.9k |
| Grantham, Mayo, Van Otterloo & Co. LLC | Added | +611.6k |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +490.1k |
| NISA INVESTMENT ADVISORS, LLC | New | +465.0k |
| BANK OF AMERICA CORP /DE/ | Added | +378.2k |
| Invesco Ltd. | Added | +297.3k |
Biggest sellers
| Condire Management, LP | Reduced | -2.2m |
| Encompass Capital Advisors LLC | Sold out | -2.2m |
| MARSHALL WACE, LLP | Reduced | -1.7m |
| TSP Capital Management Group, LLC | Sold out | -929.3k |
| Ninety One SA (Pty) Ltd | Sold out | -649.2k |
| Ninety One UK Ltd | Sold out | -536.6k |
| Liontrust Investment Partners LLP | Sold out | -489.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -434.4k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | Reduced | -367.6k |
| Jump Financial, LLC | Reduced | -300.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $16.6m1.6m shares |
| Condire Management, LP | Unchanged | $10.7m1.0m shares |
| Jefferies Financial Group Inc. | New | $8.9m831.6k shares |
| GROUP ONE TRADING LLC | Reduced | $3.3m308.9k shares |
| JANE STREET GROUP, LLC | Reduced | $2.2m206.9k shares |
| BARCLAYS PLC | First filing | $2.2m203.6k shares |
| Squarepoint Ops LLC | Added | $1.9m179.3k shares |
| CITADEL ADVISORS LLC | Added | $1.8m171.0k shares |
| PEAK6 Investments LLC | Added | $1.1m101.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $845.0k79.3k shares |
Biggest puts
| GROUP ONE TRADING LLC | Added | $12.3m1.2m shares |
| CITADEL ADVISORS LLC | Reduced | $6.3m595.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.7m436.9k shares |
| SIMPLEX TRADING, LLC | Added | $2.8m263.8k shares |
| Walleye Trading LLC | Reduced | $2.1m195.1k shares |
| JANE STREET GROUP, LLC | Reduced | $1.5m145.3k shares |
| BNP PARIBAS FINANCIAL MARKETS | Unchanged | $1.1m1.0k shares |
| Squarepoint Ops LLC | Added | $1.1m100.7k shares |
| PEAK6 Investments LLC | Unchanged | $400.8k37.6k shares |
| HAP Trading, LLC | Reduced | $35.0k21.3k 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.
| Holder | Stake |
|---|---|
| Lingotto Investment Management LLP 13G · passive investor filed 2026-05-15 | 5.3% |
| BlackRock, Inc. 13G · institution new · filed 2026-07-30 | 5.0% |
Fell to 5% or below in the last year: JPMORGAN CHASE & CO (4.7%, 2026-01-16)
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q4 2022.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| Condire Management, LP 7.52% of their portfolio | 3.8m $40.4m | Reduced -2.2m |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 3.7m $39.7m | Reduced -17.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 3.5m $37.1m | New |
| AQR CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 3.4m $36.7m | Added +1.2m |
| VAN ECK ASSOCIATES CORP 0.09% of their portfolio | 3.2m $33.6m | Reduced -11.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 3.0m $31.7m | Reduced -179.0k |
| Invesco Ltd. 0.01% of their portfolio | 2.5m $26.9m | Added +297.3k |
| SPROTT INC. 2.34% of their portfolio | 2.5m $26.3m | Reduced -185.4k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.9m $20.3m | Added +273.4k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 1.6m $16.8m | Added +832.9k |
| LORD, ABBETT & CO. LLC 0.03% of their portfolio | 1.4m $15.1m | New |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.24% of their portfolio | 1.2m $12.7m | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 1.1m $11.4m | Added +5.0k |
| TSP Capital Management Group, LLC 3.76% of their portfolio | 941.3k $10.0m | New |
| CI INVESTMENTS INC. 0.05% of their portfolio | 884.2k $9.4m | Reduced -76.3k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.05% of their portfolio | 822.1k $8.8m | Added +611.6k |
| MORGAN STANLEY 0.00% of their portfolio | 766.2k $8.2m | Reduced -103.2k |
| Centre Asset Management, LLC 1.80% of their portfolio | 636.3k $6.8m | Added +16.2k |
| GREENWOOD CAPITAL ASSOCIATES LLC 1.10% of their portfolio | 627.7k $6.7m | Added +11.6k |
| Connor, Clark & Lunn Investment Management Ltd. 0.04% of their portfolio | 614.4k $6.5m | Added +490.1k |
| GROUP ONE TRADING LLC 0.21% of their portfolio | 592.1k $6.3m | Reduced -74.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 578.4k $6.2m | Added +378.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 543.0k $5.8m | Reduced -4.0k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 493.2k $5.3m | Added +192.2k |
| NISA INVESTMENT ADVISORS, LLC 0.04% of their portfolio | 465.0k $5.0m | New |
| U S GLOBAL INVESTORS INC 0.29% of their portfolio | 459.3k $4.9m | Reduced -64.5k |
| GUGGENHEIM CAPITAL LLC 0.04% of their portfolio | 417.9k $4.5m | Added +28.4k |
| UBS Group AG 0.00% of their portfolio | 340.2k $3.6m | Reduced -93.3k |
| Amundi 0.00% of their portfolio | 278.0k $3.4m | Unchanged |
| Merk Investments LLC 2.63% of their portfolio | 273.0k $2.9m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 262.3k $2.8m | Added +117.5k |
| BlackRock Inc. 0.00% of their portfolio | 249.9k $2.7m | Added +24.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 242.5k $2.6m | Reduced -22.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 191.1k $2.0m | Added +127.1k |
| Bramshill Investments, LLC 0.21% of their portfolio | 167.1k $1.8m | New |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 158.3k $1.7m | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 151.4k $1.6m | Reduced -1.7m |
| Jump Financial, LLC 0.08% of their portfolio | 148.7k $1.6m | Reduced -300.1k |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 146.2k $1.6m | Added +135.7k |
| OPPENHEIMER & CO INC 0.03% of their portfolio | 142.2k $1.5m | New |
| SG Americas Securities, LLC 0.02% of their portfolio | 136.5k $1.5m | Reduced -31.7k |
| AGF MANAGEMENT LTD 0.01% of their portfolio | 130.9k $1.4m | First filing |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 126.1k $1.3m | Added +80.6k |
| Monaco Asset Management SAM 0.47% of their portfolio | 124.4k $1.3m | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 116.7k $1.2m | Added +628 |
| Man Group plc 0.00% of their portfolio | 115.3k $1.2m | New |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio | 112.4k $1.2m | Added +69.6k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 109.7k $1.2m | Added +1.4k |
| Squarepoint Ops LLC 0.01% of their portfolio | 109.1k $1.2m | Added +21.9k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 107.9k $1.1m | Reduced -180.1k |
| WEXFORD CAPITAL LP 0.22% of their portfolio | 100.0k $1.1m | Reduced -150.2k |
| Weiss Multi-Strategy Advisers LLC 0.03% of their portfolio | 100.0k $1.1m | New |
| Verdad Advisers, LP 1.07% of their portfolio | 100.0k $1.1m | New |
| Granby Capital Management, LLC 0.79% of their portfolio | 100.0k $1.1m | Reduced -75.0k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 99.2k $1.1m | Reduced -140.1k |
| BCGM Wealth Management, LLC 0.50% of their portfolio | 96.3k $1.0m | Reduced -6.7k |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 88.8k $946.2k | New |
| Mariner, LLC 0.00% of their portfolio | 88.4k $943.0k | Added +33.6k |
| Pekin Hardy Strauss, Inc. 0.15% of their portfolio | 88.1k $938.9k | Reduced -10.0k |
| AXA S.A. 0.00% of their portfolio | 86.4k $920.9k | New |
| Trellus Management Company, LLC 1.51% of their portfolio | 81.8k $872.4k | Unchanged |
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 77.9k $819.0k | Added +26.0k |
| Aubrey Capital Management Ltd 0.66% of their portfolio | 77.0k $825.3k | New |
| Manatuck Hill Partners, LLC 0.38% of their portfolio | 75.0k $799.5k | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 72.9k $777.2k | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 72.3k $771.3k | Reduced -42.7k |
| Leonteq Securities AG 0.04% of their portfolio | 71.5k $762.2k | Added +23.4k |
| SIMPLEX TRADING, LLC 0.04% of their portfolio | 69.5k $741.0k | Reduced -195.7k |
| Mandatum Life Insurance Co Ltd 0.22% of their portfolio | 69.0k $736.0k | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 64.8k $690.5k | Reduced -2.6k |
| PROFUND ADVISORS LLC 0.04% of their portfolio | 64.1k $682.8k | Added +1.8k |
| STRS OHIO 0.00% of their portfolio | 64.0k $682.0k | Unchanged |
| Advisory Services Network, LLC 0.02% of their portfolio | 63.5k $676.4k | Added +602 |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 59.4k $634.0k | Added +19.0k |
| Donoghue Forlines LLC 0.21% of their portfolio | 56.3k $599.9k | Added +23.4k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 52.1k $554.9k | Reduced -367.6k |
| HRT FINANCIAL LP 0.01% of their portfolio | 51.0k $544.0k | New |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 50.9k $543.0k | Added +29.6k |
| CSS LLC/IL 0.03% of their portfolio | 49.6k $528.7k | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 46.7k $498.0k | Reduced -26.4k |
| Fractal Investments LLC 0.12% of their portfolio | 46.7k $497.5k | Unchanged |
| HAP Trading, LLC 0.07% of their portfolio | 42.5k $453.0k | Reduced -11.1k |
| Larson Financial Group LLC 0.05% of their portfolio | 41.1k $438.1k | Reduced -2.1k |
| CITIGROUP INC 0.00% of their portfolio | 41.0k $437.0k | Reduced -7.6k |
| B. Riley Wealth Advisors, Inc. 0.01% of their portfolio | 41.0k $436.6k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 38.8k $414.0k | Reduced -2.7k |
| Quantbot Technologies LP 0.03% of their portfolio | 37.5k $399.7k | New |
| Ethic Inc. 0.02% of their portfolio | 36.8k $392.7k | Added +19.3k |
| Crossmark Global Holdings, Inc. 0.01% of their portfolio | 36.6k $390.0k | Reduced -269 |
| CQS (US), LLC 0.05% of their portfolio | 35.0k $373.1k | Unchanged |
| Atria Wealth Solutions, Inc. 0.01% of their portfolio | 35.0k $373.1k | Unchanged |
| Aquatic Capital Management LLC 0.03% of their portfolio | 34.5k $368.0k | Added +7.5k |
| Pendal Group Ltd 0.00% of their portfolio | 34.0k $89.4k | Reduced -14.0k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 32.4k $345.2k | Reduced -19.4k |
| Altrafin AG 0.20% of their portfolio | 32.0k $341.1k | Unchanged |
| Y-Intercept (Hong Kong) Ltd 0.05% of their portfolio | 30.8k $328.5k | Added +9.3k |
| PEAK6 Investments LLC 0.02% of their portfolio | 30.7k $326.9k | Reduced -11.9k |
| Pacer Advisors, Inc. 0.00% of their portfolio | 30.3k $322.7k | Added +10.5k |
| Campbell & CO Investment Adviser LLC 0.08% of their portfolio | 30.0k $320.0k | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 29.8k $317.2k | Added +10.1k |