SLEEP NUMBER CORP SNBRQ
COM · Common Stock · CUSIP 83125X103
U.S. manufacturing company
- SectorConsumer discretionary
- IndustryHousehold Furniture
- HeadquartersMinneapolis, MN
- Founded1987
- Websitesleepnumber.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 ($60.6k this quarter). Holder counts are more reliable. Shares outstanding: 23.0m as of 2026-04-04, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $1.80. Options: 8 managers hold calls ($285.2k notional), 6 hold puts ($397.9k).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 189 |
| Q4 2022 | 174 |
| Q1 2023 | 167 |
| Q2 2023 | 164 |
| Q3 2023 | 151 |
| Q4 2023 | 134 |
| Q1 2024 | 126 |
| Q2 2024 | 132 |
| Q3 2024 | 118 |
| Q4 2024 | 123 |
| Q1 2025 | 119 |
| Q2 2025 | 119 |
| Q3 2025 | 134 |
| Q4 2025 | 127 |
| Q1 2026 | 120 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 68 | 61 |
| Q3 2024 | 52 | 67 |
| Q4 2024 | 63 | 52 |
| Q1 2025 | 61 | 65 |
| Q2 2025 | 71 | 50 |
| Q3 2025 | 68 | 61 |
| Q4 2025 | 41 | 82 |
| Q1 2026 | 64 | 63 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $1.8m | $843.4k | 0.48 |
| Q3 2025 | $2.0m | $1.6m | 0.77 |
| Q4 2025 | $2.5m | $1.7m | 0.69 |
| Q1 2026 | $285.2k | $397.9k | 1.40 |
Biggest buyers
| MARSHALL WACE, LLP | New | +806.4k |
| BANK OF AMERICA CORP /DE/ | Added | +658.9k |
| TWO SIGMA INVESTMENTS, LP | Added | +637.3k |
| Pacific Ridge Capital Partners, LLC | Added | +621.8k |
| Archon Capital Management LLC | New | +225.6k |
| UBS Group AG | Added | +217.6k |
| Jump Financial, LLC | Added | +198.3k |
| Engineers Gate Manager LP | New | +161.6k |
| Point72 Asset Management, L.P. | Added | +112.6k |
| HRT FINANCIAL LP | New | +99.5k |
Biggest sellers
| FMR LLC | Reduced | -2.0m |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -198.1k |
| D. E. Shaw & Co., Inc. | Reduced | -182.0k |
| Soviero Asset Management, LP | Sold out | -170.0k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -138.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -116.2k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | Sold out | -104.8k |
| Susquehanna Portfolio Strategies, LLC | Reduced | -104.0k |
| Verition Fund Management LLC | Sold out | -93.0k |
| BlackRock, Inc. | Reduced | -69.0k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $57.6k32.1k shares |
| GROUP ONE TRADING LLC | Added | $45.6k25.4k shares |
| Walleye Capital LLC | Reduced | $44.0k24.5k shares |
| Jefferies Financial Group Inc. | New | $39.8k22.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $39.4k21.9k shares |
| Caption Management, LLC | New | $37.5k20.9k shares |
| IMC-Chicago, LLC | New | $20.6k11.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $538300 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $225.7k125.4k shares |
| CITADEL ADVISORS LLC | Reduced | $100.7k56.1k shares |
| IMC-Chicago, LLC | Reduced | $39.1k21.8k shares |
| Walleye Capital LLC | Reduced | $28.0k15.6k shares |
| GROUP ONE TRADING LLC | Reduced | $3.9k2.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $359200 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.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: AQR CAPITAL MANAGEMENT LLC (2.4%, 2026-08-11), JANE STREET GROUP, LLC (2.0%, 2026-08-10), BlackRock, Inc. (0.0%, 2026-07-08), Pacific Ridge Capital Partners, LLC (0.0%, 2026-06-24), STADIUM CAPITAL MANAGEMENT LLC (4.1%, 2026-06-01), FMR LLC (0.5%, 2026-05-06), M Partners Fund LP (0.0%, 2026-03-27), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q1 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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 1 | $531.0k | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 3 | $877.4k | 0 | — | — |
| Q3 2025 | 1 | $102.2k | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| STADIUM CAPITAL MANAGEMENT LLC 11.57% of their portfolio | 2.6m $4.7m | Unchanged |
| Pacific Ridge Capital Partners, LLC 0.69% of their portfolio | 1.8m $3.2m | Added +621.8k |
| BlackRock, Inc. 0.00% of their portfolio | 1.4m $2.5m | Reduced -69.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.2m $2.1m | Added +33.1k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 920.1k $1.7m | First filing |
| MARSHALL WACE, LLP 0.00% of their portfolio | 806.4k $1.4m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 745.5k $1.3m | Added +658.9k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 743.2k $1.3m | Added +637.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 695.3k $1.2m | Added +37.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio | 624.3k $1.1m | Added +4.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 521.5k $936.3k | Added +19.4k |
| STATE STREET CORP 0.00% of their portfolio | 453.9k $814.8k | Reduced -2.7k |
| Invenomic Capital Management LP 0.04% of their portfolio | 449.9k $807.6k | Reduced -33.9k |
| Jump Financial, LLC 0.01% of their portfolio | 441.1k $791.8k | Added +198.3k |
| UBS Group AG 0.00% of their portfolio | 420.1k $754.0k | Added +217.6k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 374.8k $672.8k | Added +98.5k |
| Archon Capital Management LLC 0.23% of their portfolio | 225.6k $405.0k | New |
| Divisadero Street Capital Management, LP 0.02% of their portfolio | 190.5k $341.9k | Added +34.4k |
| BRIGHTLIGHT CAPITAL MANAGEMENT LP 0.32% of their portfolio | 179.4k $322.0k | Reduced -60.1k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 173.3k $311.0k | Added +75.5k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 165.5k $297.1k | Reduced -182.0k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 163.3k $293.1k | First filing |
| SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC 0.06% of their portfolio | 163.1k $292.8k | Reduced -20.6k |
| Engineers Gate Manager LP 0.00% of their portfolio | 161.6k $290.0k | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 156.9k $281.6k | Added +2.4k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 141.6k $254.2k | First filing |
| CastleKnight Management LP 0.01% of their portfolio | 139.2k $249.9k | Unchanged |
| RIHO Partners, LLC 0.16% of their portfolio | 138.4k $248.4k | Added +7.4k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 135.2k $242.7k | Added +112.6k |
| Jain Global LLC 0.00% of their portfolio | 115.0k $206.4k | Added +81.8k |
| Invesco Ltd. 0.00% of their portfolio | 113.4k $203.5k | Added +5.0k |
| FMR LLC 0.00% of their portfolio | 105.4k $189.2k | Reduced -2.0m |
| MORGAN STANLEY 0.00% of their portfolio | 103.8k $186.3k | Reduced -1.1k |
| HRT FINANCIAL LP 0.00% of their portfolio | 99.5k $178.0k | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 96.9k $173.9k | Reduced -138.5k |
| US BANCORP \DE\ 0.00% of their portfolio | 90.1k $161.8k | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 87.7k $157.4k | Added +16.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 86.9k $156.0k | New |
| IPG Investment Advisors LLC 0.03% of their portfolio | 83.1k $149.1k | Added +7.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 72.3k $129.9k | Reduced -15.2k |
| SummerHaven Investment Management, LLC 0.08% of their portfolio | 70.2k $126.0k | Reduced -41.2k |
| Disciplined Investors, L.L.C. 0.07% of their portfolio | 70.0k $125.7k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 68.5k $123.0k | Reduced -116.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 65.5k $118.0k | Added +7.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 65.0k $116.7k | Reduced -2.5k |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 60.8k $109.1k | Added +41.1k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 58.5k $105.0k | Reduced -56.0k |
| Graham Capital Management, L.P. 0.00% of their portfolio | 57.8k $103.7k | Added +14.4k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 56.6k $101.6k | Added +8.1k |
| Nuveen, LLC 0.00% of their portfolio | 46.0k $82.6k | Added +301 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 45.1k $81.0k | Added +333 |
| Caitong International Asset Management Co., Ltd 0.01% of their portfolio | 44.6k $80.1k | Added +44.2k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 43.4k $77.9k | Added +5.7k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 40.5k $72.8k | Added +4.7k |
| Quantinno Capital Management LP 0.00% of their portfolio | 36.9k $66.3k | Added +10.6k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 35.0k $62.8k | Unchanged |
| FLOW TRADERS U.S. LLC 0.00% of their portfolio | 34.4k $62.0k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 30.0k $53.9k | Added +18.5k |
| Corient Private Wealth LP 0.00% of their portfolio | 29.9k $53.7k | New |
| Susquehanna Portfolio Strategies, LLC 0.00% of their portfolio | 27.3k $49.0k | Reduced -104.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 26.3k $222.8k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 25.8k $46.3k | Reduced -1.7k |
| TWO SIGMA SECURITIES, LLC 0.00% of their portfolio | 22.4k $40.3k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 22.2k $40.0k | Reduced -118 |
| STRS OHIO 0.00% of their portfolio | 22.1k $39.7k | Unchanged |
| Quadrature Capital Ltd 0.00% of their portfolio | 21.4k $38.5k | Added +6.1k |
| IMC-Chicago, LLC 0.00% of their portfolio | 20.6k $37.0k | Reduced -8.4k |
| Focus Financial Network, Inc. 0.00% of their portfolio | 20.6k $37.0k | Added +10.0k |
| NINE MASTS CAPITAL Ltd 0.00% of their portfolio | 15.1k $27.2k | New |
| Jefferies Financial Group Inc. 0.00% of their portfolio | 15.0k $26.9k | New |
| Marks Group Wealth Management, Inc 0.00% of their portfolio | 15.0k $26.9k | Added +5.0k |
| AXQ CAPITAL, LP 0.00% of their portfolio | 14.5k $26.0k | New |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 14.4k $25.9k | New |
| Financial Engines Advisors L.L.C. 0.00% of their portfolio | 14.0k $25.2k | Reduced -3.0k |
| DDFG, Inc 0.00% of their portfolio | 12.7k $22.8k | Unchanged |
| Centiva Capital, LP 0.00% of their portfolio | 11.1k $19.9k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 9.3k $16.7k | Added +6.6k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 8.9k $16.0k | Added +204 |
| Quantbot Technologies LP 0.00% of their portfolio | 8.6k $15.4k | Added +4.7k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 8.5k $15.3k | First filing |
| CWM, LLC 0.00% of their portfolio | 8.4k $15.1k | Added +3.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 8.1k $16.3k | Added +128 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 7.0k $12.5k | Reduced -14.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 6.9k $12.3k | Unchanged |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 6.6k $11.9k | Unchanged |
| HighMark Wealth Management LLC 0.00% of their portfolio | 5.3k $9.6k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 4.0k $7.1k | Reduced -198.1k |
| BARCLAYS PLC 0.00% of their portfolio | 3.8k $6.9k | Reduced -25.1k |
| Essential Partners LLC 0.00% of their portfolio | 3.4k $6.1k | Reduced -3.8k |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 2.1k $3.8k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 1.8k $3.3k | Unchanged |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 1.0k $2.0k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 992 $1.8k | Reduced -137 |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 865 $1.6k | Added +850 |
| CITIGROUP INC 0.00% of their portfolio | 851 $1.5k | Reduced -5.0k |
| GAMMA Investing LLC 0.00% of their portfolio | 612 $1.1k | Reduced -1.1k |
| Sterling Capital Management LLC 0.00% of their portfolio | 607 $1.1k | Reduced -450 |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 427 $767 | Reduced -5 |
| Crews Bank & Trust 0.00% of their portfolio | 300 $539 | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 262 $470 | Reduced -38 |