Vault-13

SIBANYE STILLWATER LTD SBSW

SPONSORED ADR · ADR · CUSIP 82575P107 · ISIN US82575P1075

The largest individual producer of gold from South Africa

201 institutional holders +4 vs Q1 2024
110,468,567110.5m shares reported held*
$481.1mreported value*
39 new 82 added 46 reduced 31 sold out net sold ≈ $5.1m (-1.2m 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 ($2.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $4.36. Options: 13 managers hold calls ($5.8m notional), 13 hold puts ($43.6m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 186Q4 22: 209Q1 23: 206Q2 23: 199Q3 23: 188Q4 23: 202Q1 24: 197Q2 24: 201201Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022186
Q4 2022209
Q1 2023206
Q2 2023199
Q3 2023188
Q4 2023202
Q1 2024197
Q2 2024201

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 98 bought or addedQ4 22: 85 cut or sold outQ4 22Q1 23: 100 bought or addedQ1 23: 89 cut or sold outQ2 23: 93 bought or addedQ2 23: 91 cut or sold outQ2 23Q3 23: 91 bought or addedQ3 23: 92 cut or sold outQ4 23: 109 bought or addedQ4 23: 77 cut or sold outQ4 23Q1 24: 98 bought or addedQ1 24: 102 cut or sold outQ2 24: 121 bought or addedQ2 24: 77 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20229885
Q1 202310089
Q2 20239391
Q3 20239192
Q4 202310977
Q1 202498102
Q2 202412177

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 23 calls: $16.2mQ3 23 puts: $16.6mQ3 23P/C 1.02Q4 23 calls: $15.2mQ4 23 puts: $26.6mQ4 23P/C 1.74Q1 24 calls: $8.4mQ1 24 puts: $29.5mQ1 24P/C 3.49Q2 24 calls: $5.8mQ2 24 puts: $43.6mQ2 24P/C 7.54
Numbers
QuarterCallsPutsP/C
Q3 2023$16.2m$16.6m1.02
Q4 2023$15.2m$26.6m1.74
Q1 2024$8.4m$29.5m3.49
Q2 2024$5.8m$43.6m7.54

Biggest buyers

MARSHALL WACE, LLP Added +5,156,931+5.2m
Bridgewater Associates, LP New +2,955,617+3.0m
TWO SIGMA INVESTMENTS, LP Added +1,706,783+1.7m
VOLORIDGE INVESTMENT MANAGEMENT, LLC Added +1,656,694+1.7m
TWO SIGMA ADVISERS, LP Added +1,086,800+1.1m
Balyasny Asset Management L.P. Added +1,062,798+1.1m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +959,289+959.3k
GROUP ONE TRADING LLC Added +937,426+937.4k
Trek Financial, LLC New +931,991+932.0k
UBS Group AG Added +841,874+841.9k

Biggest sellers

MORGAN STANLEY Reduced -8,038,909-8.0m
BANK OF AMERICA CORP /DE/ Reduced -4,148,075-4.1m
AQR CAPITAL MANAGEMENT LLC Reduced -3,164,274-3.2m
Lloyd Harbor Capital Management, LLC Reduced -2,862,812-2.9m
AMERIPRISE FINANCIAL INC Reduced -1,871,880-1.9m
GOLDMAN SACHS GROUP INC Reduced -1,404,285-1.4m
Grantham, Mayo, Van Otterloo & Co. LLC Sold out -1,265,369-1.3m
DIMENSIONAL FUND ADVISORS LP Reduced -358,714-358.7k
CITADEL ADVISORS LLC Reduced -321,974-322.0k
RAYMOND JAMES & ASSOCIATES Reduced -319,860-319.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.6m371.3k shares
GROUP ONE TRADING LLC Added $1.1m242.8k shares
Walleye Trading LLC Reduced $715.1k164.4k shares
SIMPLEX TRADING, LLC Added $564.0k129.8k shares
JANE STREET GROUP, LLC Added $529.8k121.8k shares
WOLVERINE TRADING, LLC Added $512.0k117.7k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $217.5k50.0k shares
CITADEL ADVISORS LLC Added $207.9k47.8k shares
UBS Group AG New $196.6k45.2k shares
Walleye Capital LLC Reduced $164.4k37.8k shares

Biggest puts

Portman Square Capital LLP Added $21.9m5.0m shares
GROUP ONE TRADING LLC Added $7.1m1.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.0m1.4m shares
CITADEL ADVISORS LLC Added $2.8m647.9k shares
TWO SIGMA INVESTMENTS, LP Unchanged $2.6m600.0k shares
SIMPLEX TRADING, LLC Added $2.2m495.9k shares
JANE STREET GROUP, LLC Reduced $340.2k78.2k shares
GTS SECURITIES LLC Added $301.0k69.2k shares
Jefferies Financial Group Inc. New $163.1k37.5k shares
WOLVERINE TRADING, LLC Added $148.8k34.2k 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 2024

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 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Lingotto Investment Management LLP 3.33% of their portfolio London, X0 22,801,39122.8m $99.2m $99.2m 3.33% Added +416.4k +416,399
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,640,2539.6m $41.9m $41.9m 0.00% Reduced -8.0m -8,038,909
3 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 5,315,2745.3m $23.1m $23.1m 0.03% Added +5.2m +5,156,931
4 TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio NEW YORK, NY 4,773,0324.8m $20.8m $20.8m 0.05% Added +1.7m +1,706,783
5 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 4,508,8844.5m $19.6m $19.6m 0.00% Added +5.9k +5,892
6 UBS Group AG 0.01% of their portfolio ZURICH, V8 4,311,9234.3m $18.8m $18.8m 0.01% Added +841.9k +841,874
7 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio JUPITER, FL 4,107,4334.1m $17.9m $17.9m 0.07% Added +1.7m +1,656,694
8 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 4,073,7564.1m $17.7m $17.7m 0.02% Added +51.3k +51,341
9 Condire Management, LP 2.23% of their portfolio DALLAS, TX 3,790,5553.8m $16.5m $16.5m 2.23% Unchanged
10 Balyasny Asset Management L.P. 0.04% of their portfolio Chicago, IL 3,508,2603.5m $15.3m $15.3m 0.04% Added +1.1m +1,062,798
11 Slate Path Capital LP 0.27% of their portfolio New York, NY 3,079,0003.1m $13.4m $13.4m 0.27% Unchanged
12 Bridgewater Associates, LP 0.07% of their portfolio Westport, CT 2,955,6173.0m $12.9m $12.9m 0.07% New
13 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 2,933,7452.9m $12.8m $12.8m 0.00% Reduced -358.7k -358,714
14 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 2,510,9892.5m $10.9m $10.9m 0.02% Added +959.3k +959,289
15 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 2,275,2002.3m $9.9m $9.9m 0.02% Added +1.1m +1,086,800
16 GROUP ONE TRADING LLC 0.24% of their portfolio CHICAGO, IL 1,771,3911.8m $7.7m $7.7m 0.24% Added +937.4k +937,426
17 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 1,544,7291.5m $6.7m $6.7m 0.00% Reduced -319.9k -319,860
18 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 1,412,6571.4m $6.1m $6.1m 0.01% Reduced -3.2m -3,164,274
19 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,335,3311.3m $5.8m $5.8m 0.00% Added +526.7k +526,724
20 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 1,123,2761.1m $4.9m $4.9m 0.00% Added +90.1k +90,063
21 Hamilton Capital Partners Inc. 0.48% of their portfolio TORONTO, A6 1,029,2441.0m $4.5m $4.5m 0.48% Added +132.8k +132,780
22 Cubist Systematic Strategies, LLC 0.08% of their portfolio STAMFORD, CT 1,007,9881.0m $4.4m $4.4m 0.08% Added +349.8k +349,835
23 Monaco Asset Management SAM 2.18% of their portfolio Monaco, O9 1,000,0001.0m $4.3m $4.3m 2.18% Added +45.6k +45,642
24 TSP Capital Management Group, LLC 1.30% of their portfolio Summit, NJ 950,925950.9k $4.1m $4.1m 1.30% Added +1.7k +1,700
25 Trek Financial, LLC 0.32% of their portfolio Scottsdale, AZ 931,991932.0k $4.1m $4.1m 0.32% New
26 AXA S.A. 0.01% of their portfolio PARIS, I0 845,042845.0k $3.7m $3.7m 0.01% Added +422.5k +422,521
27 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 808,816808.8k $3.5m $3.5m 0.00% Added +409.2k +409,224
28 Lloyd Harbor Capital Management, LLC 2.13% of their portfolio COLD SPRING HARBOR, NY 800,000800.0k $3.5m $3.5m 2.13% Reduced -2.9m -2,862,812
29 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 794,143794.1k $3.5m $3.5m 0.00% Reduced -1.4m -1,404,285
30 PANAGORA ASSET MANAGEMENT INC 0.02% of their portfolio BOSTON, MA 750,961751.0k $3.3m $3.3m 0.02% Unchanged
31 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 687,334687.3k $3.0m $3.0m 0.02% Added +101.4k +101,436
32 U S GLOBAL INVESTORS INC 0.31% of their portfolio SAN ANTONIO, TX 637,006637.0k $3.2m $3.2m 0.31% Added +20.4k +20,384
33 Jump Financial, LLC 0.05% of their portfolio Chicago, IL 571,843571.8k $2.5m $2.5m 0.05% Added +358.9k +358,943
34 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 529,885529.9k $2.3m $2.3m 0.00% Added +310.9k +310,912
35 BlackRock Inc. 0.00% of their portfolio New York, NY 524,804524.8k $2.3m $2.3m 0.00% Added +123.2k +123,241
36 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 469,447469.4k $2.0m $2.0m 0.00% Reduced -322.0k -321,974
37 SIMPLEX TRADING, LLC 0.06% of their portfolio CHICAGO, IL 459,503459.5k $2.0m $2.0m 0.06% Added +44.6k +44,622
38 GSA CAPITAL PARTNERS LLP 0.14% of their portfolio LONDON, X0 445,387445.4k $1.9m $1.9m 0.14% New
39 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 436,935436.9k $1.9m $1.9m 0.00% Added +242.7k +242,735
40 Vident Advisory, LLC 0.05% of their portfolio Alpharetta, GA 431,124431.1k $1.9m $1.9m 0.05% Added +146.5k +146,548
41 BCGM Wealth Management, LLC 0.58% of their portfolio LAFAYETTE, IN 387,035387.0k $1.7m $1.7m 0.58% Added +19.6k +19,647
42 Headlands Technologies LLC 0.17% of their portfolio CHICAGO, IL 375,660375.7k $1.6m $1.6m 0.17% Added +327.8k +327,837
43 Concentric Capital Strategies, LP 0.10% of their portfolio Stamford, CT 363,365363.4k $1.6m $1.6m 0.10% New
44 Anthracite Investment Company, Inc. 0.73% of their portfolio FORT WORTH, TX 316,543316.5k $1.4m $1.4m 0.73% New
45 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 316,470316.5k $1.4m $1.4m 0.00% Added +146.4k +146,414
46 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 309,345309.3k $1.3m $1.3m 0.00% Added +26.3k +26,348
47 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 268,357268.4k $1.2m $1.2m 0.00% Reduced -4.1m -4,148,075
48 X-Square Capital, LLC 0.49% of their portfolio GUAYNABO, PR 240,800240.8k $1.0m $1.0m 0.49% Unchanged
49 Covalis Capital LLP 0.13% of their portfolio LONDON, X0 227,640227.6k $990.2k $990.2k 0.13% Added +90.7k +90,745
50 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 208,028208.0k $1.0m $1.0m 0.01% First filing
51 GTS SECURITIES LLC 0.02% of their portfolio NEW YORK, NY 175,482175.5k $763.3k $763.3k 0.02% Added +15.0k +14,970
52 Sowell Financial Services LLC 0.04% of their portfolio NORTH LITTLE ROCK, AR 174,898174.9k $761.0k $761.0k 0.04% Reduced -2.0k -2,000
53 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 164,982165.0k $717.7k $717.7k 0.00% Reduced -198.3k -198,345
54 Hara Capital LLC 0.44% of their portfolio BELLEVUE, WA 158,423158.4k $689.1k $689.1k 0.44% Reduced -13.2k -13,200
55 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 151,725151.7k $660.0k $660.0k 0.00% Added +11.7k +11,708
56 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 140,152140.2k $610.0k $610.0k 0.00% Reduced -5.5k -5,546
57 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 138,400138.4k $602.0k $602.0k 0.00% Added +33.0k +33,042
58 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 137,030137.0k $596.1k $596.1k 0.00% Added +37.1k +37,076
59 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 131,936131.9k $573.9k $573.9k 0.00% Added +16.5k +16,540
60 LaSalle St. Investment Advisors, LLC 0.27% of their portfolio ELMHURST, IL 126,000126.0k $548.0k $548.0k 0.27% New
61 Scientech Research LLC 0.11% of their portfolio JERSEY CITY, NJ 120,094120.1k $522.4k $522.4k 0.11% Reduced -244 -244
62 Mariner, LLC 0.00% of their portfolio Overland Park, KS 119,160119.2k $518.3k $518.3k 0.00% Added +68.6k +68,649
63 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 117,956118.0k $513.1k $513.1k 0.00% Added +56.9k +56,943
64 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 113,036113.0k $491.7k $491.7k 0.00% Added +21.5k +21,473
65 Quantbot Technologies LP 0.02% of their portfolio NEW YORK, NY 112,427112.4k $489.1k $489.1k 0.02% Added +8.3k +8,254
66 Ethic Inc. 0.01% of their portfolio NEW YORK, NY 111,203111.2k $483.7k $483.7k 0.01% Added +21.7k +21,745
67 Maxi Investments CY Ltd 0.10% of their portfolio LIMASSOL, G4 100,000100.0k $435.0k $435.0k 0.10% New
68 Mandatum Life Insurance Co Ltd 0.14% of their portfolio HELSINKI, H9 99,16899.2k $431.4k $431.4k 0.14% Added +12.2k +12,230
69 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 97,63997.6k $424.7k $424.7k 0.00% Added +13.9k +13,940
70 XTX Topco Ltd 0.04% of their portfolio LONDON, X0 96,22896.2k $418.6k $418.6k 0.04% New
71 Centiva Capital, LP 0.02% of their portfolio New York, NY 95,16095.2k $413.9k $413.9k 0.02% New
72 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 92,51192.5k $402.0k $402.0k 0.00% Reduced -38.0k -38,032
73 Cadence Wealth Management LLC 0.28% of their portfolio WESTBOROUGH, MA 92,20992.2k $401.1k $401.1k 0.28% Added +8.8k +8,845
74 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 84,41684.4k $367.2k $367.2k 0.01% Added +20.3k +20,288
75 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 80,00080.0k $346.0k $346.0k 0.00% Unchanged
76 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 79,32679.3k $345.0k $345.0k 0.00% Added +42.8k +42,777
77 Rathbones Group PLC 0.00% of their portfolio Liverpool, X0 73,53773.5k $319.9k $319.9k 0.00% Added +49.0k +49,000
78 REGIONS FINANCIAL CORP 0.00% of their portfolio BIRMINGHAM, AL 69,00069.0k $300.1k $300.1k 0.00% New
79 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 66,64466.6k $289.0k $289.0k 0.00% Reduced -60.0k -60,042
80 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 64,00064.0k $278.4k $278.4k 0.00% Unchanged
81 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 63,85063.9k $277.7k $277.7k 0.00% Unchanged
82 Aigen Investment Management, LP 0.05% of their portfolio NEW YORK, NY 62,09262.1k $270.1k $270.1k 0.05% Added +33.0k +33,020
83 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 60,80860.8k $264.5k $264.5k 0.00% Added +5.1k +5,070
84 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 60,11360.1k $261.5k $261.5k 0.00% New
85 Virtu Financial LLC 0.02% of their portfolio New York, NY 56,79556.8k $247.0k $247.0k 0.02% Added +38.9k +38,928
86 Leonteq Securities AG 0.03% of their portfolio ZURICH, V8 55,10055.1k $239.7k $239.7k 0.03% Reduced -53.7k -53,695
87 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 55,00055.0k $239.2k $239.2k 0.00% Reduced -5.0k -5,000
88 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 53,98754.0k $234.8k $234.8k 0.00% Added +2.3k +2,317
89 PROFUND ADVISORS LLC 0.01% of their portfolio BETHESDA, MD 53,47253.5k $232.6k $232.6k 0.01% Reduced -7.8k -7,839
90 Tejara Capital Ltd 0.08% of their portfolio London, X0 52,60052.6k $228.8k $228.8k 0.08% New
91 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 52,20952.2k $227.1k $227.1k 0.00% Reduced -6.3k -6,346
92 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 51,61251.6k $224.5k $224.5k 0.00% Reduced -7.0k -6,978
93 BLUEFIN CAPITAL MANAGEMENT, LLC 0.06% of their portfolio NEW YORK, NY 49,60049.6k $215.8k $215.8k 0.06% Added +19.6k +19,600
94 FNY Investment Advisers, LLC 0.14% of their portfolio NEW YORK, NY 47,24047.2k $205.0k $205.0k 0.14% Added +25.0k +25,040
95 CAPITAL FUND MANAGEMENT S.A. 0.00% of their portfolio PARIS, I0 46,66846.7k $203.0k $203.0k 0.00% New
96 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 45,58745.6k $198.0k $198.0k 0.00% Added +20.1k +20,096
97 AIRE ADVISORS, LLC 0.04% of their portfolio BEVERLY HILLS, CA 44,00044.0k $191.4k $191.4k 0.04% Reduced -2.0k -2,000
98 TWO SIGMA SECURITIES, LLC 0.01% of their portfolio NEW YORK, NY 43,98544.0k $191.3k $191.3k 0.01% Added +20.3k +20,334
99 VIRTUS ADVISERS, LLC 0.09% of their portfolio HARTFORD, CT 39,93639.9k $173.7k $173.7k 0.09% Added +6.6k +6,635
100 Caprock Group, LLC 0.01% of their portfolio BOISE, ID 39,53939.5k $172.0k $172.0k 0.01% Added +8.9k +8,881