SINCLAIR INC SBGI
CL A · Common Stock · CUSIP 829242106
- SectorCommunication
- IndustryTelevision Broadcasting Stations
- HeadquartersHunt Valley, MD
- 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 ($1.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $14.25. Options: 9 managers hold calls ($1.3m notional), 7 hold puts ($1.3m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2022 | 1 |
| Q1 2023 | 1 |
| Q2 2023 | 159 |
| Q3 2023 | 148 |
| Q4 2023 | 152 |
| Q1 2024 | 151 |
| Q2 2024 | 148 |
| Q3 2024 | 158 |
| Q4 2024 | 175 |
| Q1 2025 | 179 |
| Q2 2025 | 166 |
| Q3 2025 | 158 |
| Q4 2025 | 170 |
| Q1 2026 | 169 |
| Q2 2026 | 177 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 77 | 68 |
| Q4 2024 | 72 | 77 |
| Q1 2025 | 89 | 69 |
| Q2 2025 | 88 | 76 |
| Q3 2025 | 87 | 76 |
| Q4 2025 | 84 | 75 |
| Q1 2026 | 78 | 87 |
| Q2 2026 | 107 | 56 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $11.2m | $9.7m | 0.87 |
| Q4 2025 | $7.7m | $1.4m | 0.18 |
| Q1 2026 | $1.6m | $781.6k | 0.50 |
| Q2 2026 | $1.3m | $1.3m | 1.06 |
Biggest buyers
| FOURSIXTHREE CAPITAL LP | New | +578.5k |
| BlackRock, Inc. | Added | +571.7k |
| GOLDMAN SACHS GROUP INC | Added | +301.1k |
| AQR CAPITAL MANAGEMENT LLC | Added | +218.3k |
| ALGERT GLOBAL LLC | New | +177.2k |
| MORGAN STANLEY | Added | +172.6k |
| TUDOR INVESTMENT CORP ET AL | New | +168.0k |
| DIMENSIONAL FUND ADVISORS LP | Added | +161.3k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +130.1k |
| SEGALL BRYANT & HAMILL, LLC | New | +119.9k |
Biggest sellers
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Reduced | -409.9k |
| Converium Capital Inc. | Reduced | -291.8k |
| Squarepoint Ops LLC | Reduced | -205.2k |
| ExodusPoint Capital Management, LP | Reduced | -134.3k |
| UBS Group AG | Reduced | -127.6k |
| Verition Fund Management LLC | Sold out | -106.4k |
| Empyrean Capital Partners, LP | Reduced | -100.0k |
| HRT FINANCIAL LP | Sold out | -98.7k |
| Madison Avenue Partners, LP | Reduced | -90.0k |
| CITADEL ADVISORS LLC | Reduced | -77.1k |
Biggest calls
| Crawford Fund Management, LLC | Unchanged | $285.0k20.0k shares |
| JANE STREET GROUP, LLC | New | $250.8k17.6k shares |
| Walleye Trading LLC | Unchanged | $190.9k13.4k shares |
| CITADEL ADVISORS LLC | Reduced | $178.1k12.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $145.3k10.2k shares |
| IMC-Chicago, LLC | Reduced | $143.9k10.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $38.5k2.7k shares |
| GROUP ONE TRADING LLC | Reduced | $32.8k2.3k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Unchanged | $1.4k100 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $401.9k28.2k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $342.0k24.0k shares |
| JANE STREET GROUP, LLC | Added | $279.3k19.6k shares |
| IMC-Chicago, LLC | New | $267.9k18.8k shares |
| GROUP ONE TRADING LLC | Reduced | $44.2k3.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $8.6k600 shares |
| Alpine Global Management, LLC | New | $496200 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 |
|---|---|
SMITH DAVID D
13D · may seek influence
-1.1 pts · filed 2026-05-08
Stated purposeThis Amendment No. 32 ("Amendment No. 32") amends the Schedule 13D initially filed on July 24, 1996 (together, with all amendments thereto, the "Schedule 13D") and is filed to report changes in the beneficial ownership of shares by David D. Smith, Frederick G. Smith, J. Duncan Smith, and Robert E. Smith, each of whom is a member of the Group, as defined in the Schedule 13D. Item 4 of this Schedule 13D is amended by adding the following: The Group is filing this Amendment No. 32 to report a decrease in the percentage of shares beneficially owned by the Group due to an increase in the outstanding shares of the Issuer. Full filing |
38.0% |
| BlackRock, Inc. 13G · institution filed 2026-04-27 | 5.9% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales since 1 Apr 2026
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 1 | $8.6m | 0 | — | — |
| Q2 2025 | 1 | $6.2m | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 2 | $593.2k | — |
| Q1 2026 | 0 | — | 3 | $666.3k | — |
| Q2 2026 | 0 | — | 2 | $774.4k | — |
| Q3 2026 | 0 | — | 3 | $673.3k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-21 | SMITH FREDERICK G Vice President, director · Frederick G. Smith EGS 2025, Series I Irrevocable Trust | Sold | $13.4k992 shares |
| 2026-09-21 | SMITH FREDERICK G Vice President, director · Frederick G. Smith AFS 2025, Series I Irrevocable Trust | Sold | $1.4k100 shares |
| 2026-09-21 | SMITH FREDERICK G Vice President, director · Frederick G. Smith JRS 2025, Series I Irrevocable Trust | Sold | $1.4k100 shares |
| 2026-08-10 | Gibber David B EVP & Chief Legal Officer | Sold | $401.9k29.2k shares |
| 2026-07-02 | KEITH DANIEL C Director · By The Daniel C. Keith and Jessica P. Keith Trust | Sold | $255.3k17.0k shares |
| 2026-05-04 | Legg Benson E Director | Sold | $459.9k31.5k shares |
| 2026-04-02 | KEITH DANIEL C Director · By The Daniel C. Keith and Jessica P. Keith Trust | Sold | $296.2k22.6k shares |
| 2026-04-01 | KEITH DANIEL C Director · By The Daniel C. Keith and Jessica P. Keith Trust | Sold | $18.3k1.4k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| GAMCO INVESTORS, INC. ET AL 0.50% of their portfolio | 3.9m $56.1m | Reduced -51.3k |
| BlackRock, Inc. 0.00% of their portfolio | 3.5m $49.6m | Added +571.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 1.9m $27.4m | Added +14.4k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.8m $25.4m | Added +161.3k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.8m $25.2m | Added +74.3k |
| CAPITAL MANAGEMENT CORP /VA 3.01% of their portfolio | 1.4m $20.1m | Added +106.0k |
| Madison Avenue Partners, LP 0.85% of their portfolio | 1.4m $19.7m | Reduced -90.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.3m $17.8m | Reduced -409.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.1m $15.8m | Added +130.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.1m $15.5m | Added +301.1k |
| GABELLI FUNDS LLC 0.10% of their portfolio | 1.1m $15.4m | Reduced -41.5k |
| STATE STREET CORP 0.00% of their portfolio | 1.0m $14.4m | Added +84.8k |
| Empyrean Capital Partners, LP 0.47% of their portfolio | 944.5k $13.5m | Reduced -100.0k |
| Converium Capital Inc. 4.39% of their portfolio | 770.6k $11.0m | Reduced -291.8k |
| PINNACLE ASSOCIATES LTD 0.12% of their portfolio | 741.4k $10.6m | Reduced -884 |
| Schonfeld Strategic Advisors LLC 0.05% of their portfolio | 700.0k $10.0m | Reduced -54.9k |
| FOURSIXTHREE CAPITAL LP 1.72% of their portfolio | 578.5k $8.2m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 437.8k $6.2m | Added +23.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 393.8k $5.6m | Added +39.5k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 327.7k $4.6m | Added +45.0k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 322.7k $4.6m | Added +218.3k |
| MORGAN STANLEY 0.00% of their portfolio | 313.6k $4.5m | Added +172.6k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 275.8k $3.9m | Added +16.2k |
| Advisors Asset Management, Inc. 0.05% of their portfolio | 224.5k $3.2m | Added +6.3k |
| ExodusPoint Capital Management, LP 0.03% of their portfolio | 220.8k $3.1m | Reduced -134.3k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 201.0k $2.9m | Added +98.3k |
| Trexquant Investment LP 0.02% of their portfolio | 193.7k $2.8m | Added +790 |
| ALGERT GLOBAL LLC 0.03% of their portfolio | 177.2k $2.5m | New |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 168.0k $2.4m | New |
| Kennondale Capital Management LLC 1.46% of their portfolio | 153.8k $2.2m | Unchanged |
| Nuveen, LLC 0.00% of their portfolio | 151.6k $2.2m | Added +57.5k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 138.4k $2.0m | Added +12.6k |
| SEGALL BRYANT & HAMILL, LLC 0.02% of their portfolio | 119.9k $1.7m | New |
| UBS Group AG 0.00% of their portfolio | 119.2k $1.7m | Reduced -127.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 107.5k $1.5m | Added +21.4k |
| LPL Financial LLC 0.00% of their portfolio | 99.1k $1.4m | Added +975 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 98.0k $1.4m | Reduced -6.6k |
| XTX Topco Ltd 0.02% of their portfolio | 93.4k $1.3m | Added +44.9k |
| Squarepoint Ops LLC 0.00% of their portfolio | 84.0k $1.2m | Reduced -205.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 82.9k $1.2m | Added +17.4k |
| CITIGROUP INC 0.00% of their portfolio | 77.2k $1.1m | Added +50.1k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 76.9k $1.1m | Added +11.2k |
| Invesco Ltd. 0.00% of their portfolio | 76.4k $1.1m | Reduced -24.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 74.2k $1.0m | Reduced -73.2k |
| PDT Partners, LLC 0.05% of their portfolio | 70.3k $1.0m | Added +52.8k |
| Swiss National Bank 0.00% of their portfolio | 69.7k $992.5k | Reduced -2.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 65.9k $938.7k | Reduced -875 |
| Campbell & CO Investment Adviser LLC 0.05% of their portfolio | 62.5k $890.1k | Added +28.8k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 57.7k $822.6k | Reduced -77.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 57.2k $815.3k | Added +6.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 56.5k $805.2k | Added +24.7k |
| BEACON INVESTMENT ADVISORS LLC 0.25% of their portfolio | 55.4k $789.4k | Reduced -598 |
| Y-Intercept (Hong Kong) Ltd 0.02% of their portfolio | 55.3k $788.3k | New |
| WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio | 54.2k $772.4k | Added +3.7k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 54.0k $769.5k | Reduced -33.7k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 51.1k $728.8k | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 49.8k $709.3k | Added +14.8k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 46.9k $667.7k | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 44.4k $574.9k | Unchanged |
| Quantinno Capital Management LP 0.00% of their portfolio | 44.1k $628.2k | Added +12.7k |
| Graham Capital Management, L.P. 0.02% of their portfolio | 43.7k $622.3k | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 43.5k $619.9k | Added +26.4k |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 43.5k $619.7k | Reduced -18.3k |
| Indivisible Partners 0.03% of their portfolio | 43.4k $617.8k | Added +3.1k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 43.1k $614.8k | Added +8.2k |
| Advyzon Investment Management, LLC 0.04% of their portfolio | 41.5k $591.5k | Added +3.6k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 38.9k $553.6k | New |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 36.9k $526.1k | Reduced -18.3k |
| Legal & General Group Plc 0.00% of their portfolio | 35.0k $499.4k | Added +739 |
| ALTFEST L J & CO INC 0.05% of their portfolio | 35.0k $498.7k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 33.4k $475.7k | Added +12.3k |
| OPTIMIZE FINANCIAL INC. 0.17% of their portfolio | 33.4k $475.3k | Reduced -116 |
| Sound Capital Solutions LLC 0.11% of their portfolio | 33.4k $475.3k | First filing |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 32.9k $468.9k | Added +21.8k |
| GABELLI & Co INVESTMENT ADVISERS, INC. 0.06% of their portfolio | 29.0k $413.2k | Unchanged |
| Teton Advisors, LLC 0.24% of their portfolio | 28.8k $410.4k | Unchanged |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 27.5k $392.2k | Unchanged |
| ARISTEIA CAPITAL, L.L.C. 0.01% of their portfolio | 26.8k $382.4k | New |
| Pathstone Holdings, LLC 0.00% of their portfolio | 26.6k $378.7k | Added +137 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 26.2k $372.8k | Added +571 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 24.9k $354.9k | New |
| Empowered Funds, LLC 0.00% of their portfolio | 24.9k $354.9k | Added +10.2k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 24.7k $352.0k | Added +6.3k |
| Cresset Asset Management, LLC 0.00% of their portfolio | 23.6k $336.3k | Unchanged |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 23.1k $329.3k | New |
| Creative Planning 0.00% of their portfolio | 23.0k $328.3k | Added +10.9k |
| Brevan Howard Capital Management LP 0.00% of their portfolio | 21.1k $300.2k | Reduced -23.7k |
| Cetera Investment Advisers 0.00% of their portfolio | 20.2k $287.2k | Added +1.7k |
| Engineers Gate Manager LP 0.00% of their portfolio | 20.1k $287.0k | Reduced -13.7k |
| FOX RUN MANAGEMENT, L.L.C. 0.05% of their portfolio | 19.9k $284.2k | New |
| EntryPoint Capital, LLC 0.07% of their portfolio | 19.9k $283.9k | Added +6.2k |
| Jupiter Topco LLC 0.00% of their portfolio | 19.8k $281.2k | First filing |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 19.5k $277.3k | Added +1.3k |
| Verdence Capital Advisors LLC 0.01% of their portfolio | 19.0k $271.0k | Added +7.1k |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 19.0k $270.2k | Reduced -796 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 18.8k $267.0k | Added +7.0k |
| Ruane, Cunniff & Goldfarb L.P. 0.00% of their portfolio | 18.0k $255.9k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 17.5k $249.4k | Reduced -24.0k |
| Odyssean, LLC 0.04% of their portfolio | 17.0k $241.7k | New |
| SG Americas Securities, LLC 0.00% of their portfolio | 16.0k $229.0k | New |