Vault-13

SIBANYE STILLWATER LTD SBSW

SPONSORED ADR · ADR · CUSIP 82575P107 · ISIN US82575P1075

The largest individual producer of gold from South Africa

199 institutional holders -7 vs Q1 2023
56,723,99756.7m shares reported held*
$355.8mreported value*
26 new 67 added 58 reduced 33 sold out net bought ≈ $20.2m (+3.2m 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. Holder counts are more reliable. Implied quarter-end price ≈ $6.27. Options: 14 managers hold calls ($14.4m notional), 13 hold puts ($23.9m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 186Q4 22: 209Q1 23: 206Q2 23: 199199Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022186
Q4 2022209
Q1 2023206
Q2 2023199

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 98 bought or addedQ4 22: 85 cut or sold outQ4 22Q1 23: 100 bought or addedQ1 23: 89 cut or sold outQ1 23Q2 23: 93 bought or addedQ2 23: 91 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20229885
Q1 202310089
Q2 20239391

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 22 calls: $43.5mQ3 22 puts: $34.9mQ3 22P/C 0.80Q4 22 calls: $50.3mQ4 22 puts: $32.3mQ4 22P/C 0.64Q1 23 calls: $25.9mQ1 23 puts: $29.3mQ1 23P/C 1.13Q2 23 calls: $14.4mQ2 23 puts: $23.9mQ2 23P/C 1.66
Numbers
QuarterCallsPutsP/C
Q3 2022$43.5m$34.9m0.80
Q4 2022$50.3m$32.3m0.64
Q1 2023$25.9m$29.3m1.13
Q2 2023$14.4m$23.9m1.66

Biggest buyers

MILLENNIUM MANAGEMENT LLC Added +2,252,465+2.3m
Grantham, Mayo, Van Otterloo & Co. LLC Added +1,723,673+1.7m
GOLDMAN SACHS GROUP INC Added +911,955+912.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +908,840+908.8k
MARSHALL WACE, LLP Added +785,523+785.5k
Invesco Ltd. Added +767,572+767.6k
Monaco Asset Management SAM Added +385,000+385.0k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Added +298,061+298.1k
RAYMOND JAMES & ASSOCIATES Added +282,637+282.6k
TWO SIGMA INVESTMENTS, LP Added +277,387+277.4k

Biggest sellers

CITADEL ADVISORS LLC Reduced -1,215,127-1.2m
Scion Asset Management, LLC Sold out -800,000-800.0k
MORGAN STANLEY Reduced -797,045-797.0k
SPROTT INC. Reduced -702,205-702.2k
CREDIT SUISSE AG/ Reduced -555,965-556.0k
Connor, Clark & Lunn Investment Management Ltd. Reduced -392,560-392.6k
Lloyd Harbor Capital Management, LLC Sold out -375,000-375.0k
DIMENSIONAL FUND ADVISORS LP Reduced -295,293-295.3k
WEXFORD CAPITAL LP Reduced -286,564-286.6k
Trexquant Investment LP Reduced -217,753-217.8k

Biggest calls

Jefferies Financial Group Inc. Unchanged $5.2m834.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.7m434.1k shares
GROUP ONE TRADING LLC Added $2.2m358.2k shares
JANE STREET GROUP, LLC Added $1.8m289.5k shares
CITADEL ADVISORS LLC Added $1.2m186.9k shares
WOLVERINE TRADING, LLC Reduced $668.8k107.7k shares
SIMPLEX TRADING, LLC Added $338.0k54.3k shares
Squarepoint Ops LLC Reduced $230.9k37.0k shares
UBS Group AG New $31.2k5.0k shares
Parallax Volatility Advisers, L.P. New $17.5k2.8k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.6m1.1m shares
GOLDMAN SACHS GROUP INC New $5.8m926.1k shares
GROUP ONE TRADING LLC Reduced $4.1m664.4k shares
CITADEL ADVISORS LLC Reduced $2.6m413.8k shares
SIMPLEX TRADING, LLC Reduced $1.6m257.4k shares
Parallax Volatility Advisers, L.P. New $1.1m169.8k shares
Squarepoint Ops LLC Unchanged $781.2k125.2k shares
JANE STREET GROUP, LLC Reduced $539.6k87.6k shares
Walleye Trading LLC Reduced $366.9k58.8k shares
WOLVERINE TRADING, LLC Added $331.0k53.3k 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.

HolderStakeChangeShares Last filed
Lingotto Investment Management LLP 13G · passive investor filed 2026-05-15 5.3% 150.7m 2026-05-15
BlackRock, Inc. 13G · institution new · filed 2026-07-30 5.0% new 142.7m 2026-07-30

Fell to 5% or below in the last year: JPMORGAN CHASE & CO (4.7%, 2026-01-16)

Insider purchases and sales in Q2 2023

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 Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 4,209,0514.2m $26.3m $26.3m 0.01% Reduced -295.3k -295,293
2 Condire Management, LP 4.77% of their portfolio DALLAS, TX 3,790,5553.8m $23.7m $23.7m 4.77% Unchanged
3 AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio Greenwich, CT 3,786,8853.8m $23.6m $23.6m 0.05% Added +123.6k +123,646
4 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 3,693,3923.7m $23.0m $23.0m 0.01% Added +767.6k +767,572
5 MARSHALL WACE, LLP 0.04% of their portfolio LONDON, X0 3,151,5953.2m $19.7m $19.7m 0.04% Added +785.5k +785,523
6 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 3,107,5683.1m $19.4m $19.4m 0.00% Added +912.0k +911,955
7 VAN ECK ASSOCIATES CORP 0.04% of their portfolio NEW YORK, NY 3,015,5963.0m $18.8m $18.8m 0.04% Reduced -112.0k -112,043
8 Grantham, Mayo, Van Otterloo & Co. LLC 0.08% of their portfolio Boston, MA 2,653,0132.7m $16.6m $16.6m 0.08% Added +1.7m +1,723,673
9 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 2,344,8742.3m $14.6m $14.6m 0.02% Added +2.3m +2,252,465
10 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 1,920,7371.9m $12.0m $12.0m 0.00% Added +37.1k +37,094
11 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 1,633,0051.6m $10.2m $10.2m 0.02% Added +908.8k +908,840
12 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 1,631,9641.6m $10.2m $10.2m 0.01% Reduced -1.2m -1,215,127
13 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 1,628,2511.6m $10.2m $10.2m 0.01% Added +282.6k +282,637
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,337,0751.3m $8.3m $8.3m 0.00% Reduced -797.0k -797,045
15 TOCQUEVILLE ASSET MANAGEMENT L.P. 0.14% of their portfolio New York, NY 1,239,0001.2m $7.7m $7.7m 0.14% Unchanged
16 TSP Capital Management Group, LLC 2.13% of their portfolio Summit, NJ 944,025944.0k $5.9m $5.9m 2.13% Added +5.8k +5,750
17 CI INVESTMENTS INC. 0.03% of their portfolio TORONTO, Z4 931,102931.1k $5.8m $5.8m 0.03% Reduced -55.7k -55,736
18 GREENWOOD CAPITAL ASSOCIATES LLC 0.77% of their portfolio GREENWOOD, SC 880,568880.6k $5.5m $5.5m 0.77% Added +20.4k +20,387
19 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 794,240794.2k $5.0m $5.0m 0.00% Added +83.8k +83,845
20 SPROTT INC. 0.43% of their portfolio TORONTO, A6 765,018765.0k $4.8m $4.8m 0.43% Reduced -702.2k -702,205
21 U S GLOBAL INVESTORS INC 0.25% of their portfolio SAN ANTONIO, TX 670,486670.5k $4.2m $4.2m 0.25% Added +272.0k +271,985
22 GUGGENHEIM CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 618,816618.8k $3.9m $3.9m 0.03% Added +64.7k +64,694
23 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 588,488588.5k $3.7m $3.7m 0.00% Reduced -65.7k -65,743
24 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio JUPITER, FL 582,829582.8k $3.6m $3.6m 0.02% Added +298.1k +298,061
25 Monaco Asset Management SAM 1.71% of their portfolio Monaco, O9 509,358509.4k $3.2m $3.2m 1.71% Added +385.0k +385,000
26 GROUP ONE TRADING LLC 0.13% of their portfolio CHICAGO, IL 504,109504.1k $3.1m $3.1m 0.13% Reduced -143.1k -143,133
27 Jump Financial, LLC 0.11% of their portfolio Chicago, IL 489,580489.6k $3.1m $3.1m 0.11% Added +66.5k +66,489
28 AXA S.A. 0.01% of their portfolio PARIS, I0 479,389479.4k $3.0m $3.0m 0.01% Added +56.9k +56,868
29 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 318,724318.7k $2.0m $2.0m 0.00% Reduced -35.5k -35,507
30 Cubist Systematic Strategies, LLC 0.02% of their portfolio STAMFORD, CT 315,941315.9k $2.0m $2.0m 0.02% Added +10.1k +10,088
31 UBS Group AG 0.00% of their portfolio ZURICH, V8 294,415294.4k $1.8m $1.8m 0.00% Reduced -65.0k -64,962
32 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 292,650292.6k $1.8m $1.8m 0.00% Added +277.4k +277,387
33 Amundi 0.00% of their portfolio Paris, I0 278,000278.0k $1.8m $1.8m 0.00% Unchanged
34 Merk Investments LLC 2.68% of their portfolio PALO ALTO, CA 273,043273.0k $3.4m $3.4m 2.68% Unchanged
35 BlackRock Inc. 0.00% of their portfolio New York, NY 261,523261.5k $1.6m $1.6m 0.00% Added +70.9k +70,913
36 Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio TOKYO, M0 251,348251.3k $1.6m $1.6m 0.00% Reduced -131.8k -131,785
37 BCGM Wealth Management, LLC 0.65% of their portfolio LAFAYETTE, IN 236,581236.6k $1.5m $1.5m 0.65% Added +98.1k +98,064
38 SIMPLEX TRADING, LLC 0.06% of their portfolio CHICAGO, IL 210,786210.8k $1.3m $1.3m 0.06% Reduced -86.1k -86,102
39 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 189,419189.4k $1.2m $1.2m 0.00% Reduced -81.9k -81,927
40 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 170,555170.6k $1.1m $1.1m 0.00% Reduced -55.5k -55,460
41 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 167,866167.9k $1.0m $1.0m 0.00% Added +131.3k +131,266
42 Bramshill Investments, LLC 0.09% of their portfolio NAPLES, FL 167,444167.4k $1.0m $1.0m 0.09% Reduced -2.7k -2,683
43 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 166,600166.6k $1.0m $1.0m 0.00% New
44 Parallax Volatility Advisers, L.P. 0.03% of their portfolio San Francisco, CA 153,283153.3k $956.5k $956.5k 0.03% New
45 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 152,159152.2k $937.3k $937.3k 0.00% Reduced -45.8k -45,844
46 Y-Intercept (Hong Kong) Ltd 0.10% of their portfolio HONG KONG, K3 147,111147.1k $918.0k $918.0k 0.10% New
47 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 137,190137.2k $856.1k $856.1k 0.00% Added +121.7k +121,663
48 TWO SIGMA SECURITIES, LLC 0.07% of their portfolio NEW YORK, NY 134,160134.2k $837.2k $837.2k 0.07% Added +113.5k +113,483
49 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 126,900126.9k $791.9k $791.9k 0.01% Reduced -30.7k -30,700
50 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 117,692117.7k $734.4k $734.4k 0.01% Added +12.8k +12,828
51 Parker Investment Management, LLC 0.15% of their portfolio Menlo Park, CA 116,300116.3k $725.7k $725.7k 0.15% Added +68.3k +68,300
52 Verdad Advisers, LP 1.12% of their portfolio BOSTON, MA 115,000115.0k $717.6k $717.6k 1.12% Unchanged
53 WEXFORD CAPITAL LP 0.14% of their portfolio WEST PALM BEACH, FL 114,781114.8k $716.2k $716.2k 0.14% Reduced -286.6k -286,564
54 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 114,559114.6k $715.0k $715.0k 0.01% Added +9.4k +9,356
55 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 109,264109.3k $681.8k $681.8k 0.00% New
56 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 106,108106.1k $662.1k $662.1k 0.00% Reduced -556.0k -555,965
57 Virtus Investment Advisers, LLC 0.45% of their portfolio HARTFORD, CT 105,613105.6k $659.0k $659.0k 0.45% Reduced -66.6k -66,627
58 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 97,41397.4k $608.0k $608.0k 0.00% Reduced -51.7k -51,651
59 Leonteq Securities AG 0.06% of their portfolio ZURICH, V8 93,67693.7k $584.5k $584.5k 0.06% Added +20.2k +20,176
60 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 90,30390.3k $563.0k $563.0k 0.00% Added +16.6k +16,607
61 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 85,55385.6k $533.9k $533.9k 0.00% Added +38.7k +38,681
62 Dynamic Technology Lab Private Ltd 0.07% of their portfolio SINGAPORE, U0 85,03785.0k $531.0k $531.0k 0.07% Added +30.1k +30,102
63 Virtu Financial LLC 0.04% of their portfolio New York, NY 80,22480.2k $501.0k $501.0k 0.04% Added +14.7k +14,717
64 Trellus Management Company, LLC 0.77% of their portfolio Delray Beach, FL 80,00080.0k $499.2k $499.2k 0.77% Unchanged
65 Arlington Partners LLC 0.08% of their portfolio BIRMINGHAM, AL 80,00080.0k $499.2k $499.2k 0.08% Unchanged
66 Vident Investment Advisory, LLC 0.02% of their portfolio Alpharetta, GA 79,29279.3k $494.8k $494.8k 0.02% Added +35.0k +34,981
67 Brevan Howard Capital Management LP 0.09% of their portfolio ST. HELIER, Y9 78,00978.0k $486.8k $486.8k 0.09% Unchanged
68 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 74,96175.0k $468.0k $468.0k 0.00% Reduced -5.1k -5,061
69 Perpetual Ltd 0.00% of their portfolio SYDNEY, NEW SOUTH WALES, C3 74,31774.3k $463.7k $463.7k 0.00% Added +40.3k +40,317
70 PROFUND ADVISORS LLC 0.02% of their portfolio BETHESDA, MD 72,96073.0k $455.3k $455.3k 0.02% Added +2.2k +2,239
71 XTX Topco Ltd 0.08% of their portfolio LONDON, X0 71,04271.0k $443.3k $443.3k 0.08% Added +44.2k +44,190
72 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 70,83670.8k $442.0k $442.0k 0.01% First filing
73 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 69,64069.6k $434.6k $434.6k 0.01% Added +968 +968
74 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 65,50065.5k $408.7k $408.7k 0.01% New
75 Mandatum Life Insurance Co Ltd 0.17% of their portfolio HELSINKI, H9 64,15864.2k $400.3k $400.3k 0.17% Reduced -1.0k -1,020
76 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 64,00064.0k $399.0k $399.0k 0.00% Reduced -128.0k -128,000
77 AXQ CAPITAL, LP 0.49% of their portfolio JERSEY CITY, NJ 63,80063.8k $398.1k $398.1k 0.49% Added +21.7k +21,700
78 FIL Ltd 0.00% of their portfolio HAMILTON, D0 55,70055.7k $347.6k $347.6k 0.00% New
79 Pekin Hardy Strauss, Inc. 0.05% of their portfolio CHICAGO, IL 55,07555.1k $343.7k $343.7k 0.05% Reduced -32.0k -32,000
80 RITHOLTZ WEALTH MANAGEMENT 0.02% of their portfolio NEW YORK, NY 53,62453.6k $334.6k $334.6k 0.02% Reduced -4.9k -4,949
81 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 53,23753.2k $332.2k $332.2k 0.00% Reduced -12.3k -12,287
82 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 52,83452.8k $329.0k $329.0k 0.00% New
83 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 51,37851.4k $320.6k $320.6k 0.00% Added +20.8k +20,787
84 CSS LLC/IL 0.02% of their portfolio CHICAGO, IL 49,60149.6k $309.5k $309.5k 0.02% Unchanged
85 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 46,75046.8k $345.0k $345.0k 0.00% Reduced -39.0k -38,959
86 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 45,47345.5k $284.0k $284.0k 0.00% New
87 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 45,41745.4k $283.4k $283.4k 0.00% Added +12.0k +11,990
88 WOLVERINE TRADING, LLC 0.00% of their portfolio CHICAGO, IL 44,01844.0k $273.4k $273.4k 0.00% Added +2.8k +2,824
89 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 43,42843.4k $271.0k $271.0k 0.00% Added +7.4k +7,365
90 Aigen Investment Management, LP 0.04% of their portfolio NEW YORK, NY 40,74640.7k $254.3k $254.3k 0.04% Added +21.0k +20,962
91 Aquatic Capital Management LLC 0.01% of their portfolio CHICAGO, IL 39,20039.2k $245.0k $245.0k 0.01% Added +38.9k +38,900
92 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 38,96439.0k $240.0k $240.0k 0.00% Unchanged
93 Larson Financial Group LLC 0.02% of their portfolio ST LOUIS, MO 38,12038.1k $237.9k $237.9k 0.02% Reduced -1.4k -1,374
94 Crossmark Global Holdings, Inc. 0.01% of their portfolio HOUSTON, TX 38,06138.1k $286.0k $286.0k 0.01% Reduced -600 -600
95 Bayesian Capital Management, LP 0.02% of their portfolio Brooklyn, NY 35,90835.9k $224.1k $224.1k 0.02% Added +21.3k +21,303
96 CQS (US), LLC 0.03% of their portfolio NEW YORK, NY 35,00035.0k $218.4k $218.4k 0.03% Unchanged
97 Pacer Advisors, Inc. 0.00% of their portfolio Malvern, PA 34,03234.0k $212.4k $212.4k 0.00% Reduced -15.7k -15,710
98 Ethic Inc. 0.01% of their portfolio NEW YORK, NY 33,86033.9k $211.3k $211.3k 0.01% Added +3.2k +3,166
99 ENCOMPASS WEALTH ADVISORS, LLC 0.07% of their portfolio PORTLAND, OR 33,50033.5k $209.0k $209.0k 0.07% New
100 Altrafin AG 0.09% of their portfolio ZURICH, V8 32,00032.0k $199.7k $199.7k 0.09% Unchanged