SONOCO PRODS CO SON
COM · Common Stock · CUSIP 835495102 · ISIN US8354951027
United States-based international provider of diversified consumer packaging
- SectorMaterials
- IndustryPaperboard Containers & Boxes
- HeadquartersHartsville, SC
- Founded1899
- Websitesonoco.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 ($4.3m this quarter). Holder counts are more reliable. Shares outstanding: 98.0m as of 2023-10-20, 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 ≈ $57.54. Options: 7 managers hold calls ($6.9m notional), 9 hold puts ($9.0m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 431 |
| Q4 2022 | 443 |
| Q1 2023 | 434 |
| Q2 2023 | 451 |
| Q3 2023 | 447 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 198 | 178 |
| Q1 2023 | 201 | 191 |
| Q2 2023 | 201 | 194 |
| Q3 2023 | 183 | 221 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $9.5m | $3.9m | 0.41 |
| Q1 2023 | $3.6m | $3.4m | 0.96 |
| Q2 2023 | $9.9m | $9.9m | 1.00 |
| Q3 2023 | $6.9m | $9.0m | 1.31 |
Biggest buyers
| FMR LLC | Added | +642.1k |
| AMERICAN CENTURY COMPANIES INC | Added | +467.4k |
| NORGES BANK | Added | +250.2k |
| AQR CAPITAL MANAGEMENT LLC | Added | +230.9k |
| DIMENSIONAL FUND ADVISORS LP | Added | +190.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +189.7k |
| D. E. Shaw & Co., Inc. | New | +148.5k |
| FIRST TRUST ADVISORS LP | Added | +148.1k |
| SEI INVESTMENTS CO | Added | +142.6k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +142.1k |
Biggest sellers
| STATE STREET CORP | Reduced | -2.9m |
| BlackRock Inc. | Reduced | -261.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -220.1k |
| CITADEL ADVISORS LLC | Reduced | -200.8k |
| COMERICA BANK | Reduced | -176.0k |
| Impax Asset Management Group plc | Reduced | -142.1k |
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | -83.1k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -82.9k |
| Cubist Systematic Strategies, LLC | Reduced | -82.6k |
| ZACKS INVESTMENT MANAGEMENT | Sold out | -67.0k |
Biggest calls
| Twin Tree Management, LP | Reduced | $3.7m67.4k shares |
| CITADEL ADVISORS LLC | Added | $1.5m27.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.3m23.6k shares |
| WOLVERINE TRADING, LLC | New | $282.6k5.2k shares |
| SIMPLEX TRADING, LLC | Added | $86.0k1.6k shares |
| PEAK6 Investments LLC | Reduced | $65.2k1.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Twin Tree Management, LP | Reduced | $6.3m115.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Unchanged | $1.3m24.0k shares |
| CITADEL ADVISORS LLC | Reduced | $657.6k12.1k shares |
| JANE STREET GROUP, LLC | Reduced | $391.3k7.2k shares |
| PEAK6 Investments LLC | Reduced | $260.9k4.8k shares |
| WELLS FARGO & COMPANY/MN | Unchanged | $54.4k1.0k shares |
| SIMPLEX TRADING, LLC | Added | $54.0k1.0k shares |
| Private Advisor Group, LLC | New | $8.4k15.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 |
|---|---|
| FULLER & THALER ASSET MANAGEMENT, INC. 13G · institution new · filed 2026-02-17 | 6.0% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution new · filed 2026-10-08 | 5.4% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 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.
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 2021 | 0 | — | 1 | $100.9k | — |
| Q1 2022 | 1 | $124.2k | 0 | — | — |
| Q2 2022 | 0 | — | 1 | $104.8k | — |
| Q3 2022 | 0 | — | 2 | $600.4k | — |
| Q4 2022 | 0 | — | 1 | $38.2k | — |
| Q1 2023 | 1 | $560.0k | 1 | $207.3k | — |
| Q2 2023 | 0 | — | 1 | $67.4k | — |
| Q3 2023 | 0 | — | 1 | $150.3k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-09-05 | Cairns Sean Pres Global Rigid Paper&Closur | Sold | $150.3k2.7k 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, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.02% of their portfolio | 11.0m $597.3m | Reduced -261.8k |
| VANGUARD GROUP INC 0.01% of their portfolio | 11.0m $596.2m | Added +64.0k |
| STATE STREET CORP 0.01% of their portfolio | 4.7m $254.7m | Reduced -2.9m |
| AMERICAN CENTURY COMPANIES INC 0.12% of their portfolio | 2.8m $151.5m | Added +467.4k |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 2.5m $136.7m | Reduced -51.8k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 2.4m $131.0m | Reduced -16.2k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 2.2m $119.0m | Added +190.0k |
| EARNEST PARTNERS LLC 0.68% of their portfolio | 2.2m $118.6m | Added +138.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.14% of their portfolio | 2.2m $118.2m | Reduced -20.3k |
| FIRST TRUST ADVISORS LP 0.10% of their portfolio | 1.6m $87.9m | Added +148.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.6m $85.9m | Added +142.1k |
| NORGES BANK 0.02% of their portfolio | 1.4m $74.5m | Added +250.2k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.40% of their portfolio | 1.3m $69.5m | Added +46.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.2m $66.9m | Reduced -13.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.08% of their portfolio | 1.0m $55.1m | Reduced -83.1k |
| SEI INVESTMENTS CO 0.10% of their portfolio | 974.8k $53.0m | Added +142.6k |
| Invesco Ltd. 0.01% of their portfolio | 954.2k $51.9m | Added +91.9k |
| Impax Asset Management Group plc 0.23% of their portfolio | 933.3k $50.7m | Reduced -142.1k |
| Pictet Asset Management Holding SA 0.06% of their portfolio | 842.1k $45.8m | First filing |
| MORGAN STANLEY 0.00% of their portfolio | 814.3k $44.3m | Added +58.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 730.1k $39.7m | Added +8.8k |
| FMR LLC 0.00% of their portfolio | 694.3k $37.7m | Added +642.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 642.0k $34.9m | Added +9.7k |
| ProShare Advisors LLC 0.10% of their portfolio | 603.7k $32.8m | Added +73.9k |
| OLD REPUBLIC INTERNATIONAL CORP 1.18% of their portfolio | 580.2k $31.5m | Unchanged |
| MACQUARIE GROUP LTD 0.04% of their portfolio | 576.3k $31.3m | Reduced -11.6k |
| DEPRINCE RACE & ZOLLO INC 0.74% of their portfolio | 556.9k $30.3m | Added +24.6k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.22% of their portfolio | 532.2k $28.9m | Reduced -32.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 480.2k $26.1m | Reduced -6.7k |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 368.8k $20.0m | Reduced -9.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 361.3k $19.6m | Reduced -6.5k |
| BROWN ADVISORY INC 0.03% of their portfolio | 353.5k $19.2m | Unchanged |
| VALLEY WEALTH MANAGERS, INC. 1.56% of their portfolio | 344.0k $18.7m | Reduced -3.6k |
| STOREBRAND ASSET MANAGEMENT AS 0.09% of their portfolio | 341.3k $18.5m | Added +27.4k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 305.3k $16.6m | Reduced -5.7k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 290.7k $15.8m | Added +140.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 287.7k $15.6m | Reduced -17.6k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 283.8k $15.4m | Added +230.9k |
| LSV ASSET MANAGEMENT 0.03% of their portfolio | 273.9k $14.9m | Added +3.7k |
| Retirement Systems of Alabama 0.07% of their portfolio | 270.4k $14.7m | Reduced -3.9k |
| HENNESSY ADVISORS INC 1.00% of their portfolio | 262.6k $14.3m | Added +68.0k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 260.0k $14.1m | Added +859 |
| Quilter Plc 1.03% of their portfolio | 251.6k $251.0m | Added +992 |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 246.2k $13.4m | Reduced -220.1k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 227.6k $12.4m | Added +189.7k |
| SPEECE THORSON CAPITAL GROUP INC 2.70% of their portfolio | 225.0k $12.2m | Reduced -249 |
| BROWN BROTHERS HARRIMAN & CO 0.11% of their portfolio | 223.7k $12.2m | Reduced -257 |
| AE Wealth Management LLC 0.07% of their portfolio | 217.2k $11.8m | Reduced -23.0k |
| Swiss National Bank 0.01% of their portfolio | 215.4k $11.7m | Added +2.1k |
| FINANCIAL COUNSELORS INC 0.23% of their portfolio | 214.9k $11.7m | Added +16 |
| Allianz Asset Management GmbH 0.02% of their portfolio | 207.3k $11.3m | Reduced -4.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 201.5k $11.0m | Added +53.3k |
| California Public Employees Retirement System 0.01% of their portfolio | 195.2k $10.6m | Added +2.4k |
| Legal & General Group Plc 0.00% of their portfolio | 195.0k $10.6m | Reduced -2.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 187.0k $10.2m | Reduced -82.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 175.5k $9.5m | Added +747 |
| J.P. Morgan Private Wealth Advisors LLC 0.03% of their portfolio | 163.4k $8.9m | Reduced -40.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 159.7k $8.7m | Added +3.8k |
| GAMCO INVESTORS, INC. ET AL 0.10% of their portfolio | 155.0k $8.4m | Unchanged |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 153.2k $8.3m | Added +5.1k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 148.5k $8.1m | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 146.2k $7.9m | Added +30.4k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.19% of their portfolio | 144.1k $7.8m | Added +96.0k |
| GREAT LAKES ADVISORS, LLC 0.07% of their portfolio | 143.3k $7.8m | Reduced -1.9k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 140.7k $7.6m | Added +373 |
| AMERICAN INTERNATIONAL GROUP, INC. 0.05% of their portfolio | 138.0k $7.5m | Reduced -9.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 138.0k $7.5m | Reduced -4.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 130.5k $7.1m | Reduced -7.6k |
| Meiji Yasuda Asset Management Co Ltd. 0.33% of their portfolio | 130.4k $7.1m | Added +4.0k |
| Bahl & Gaynor LLC 0.04% of their portfolio | 127.2k $6.9m | Added +9.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 126.2k $6.9m | Reduced -12.8k |
| COMMERCE BANK 0.05% of their portfolio | 120.3k $6.5m | Reduced -45.6k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 119.1k $6.5m | Added +45.8k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 115.7k $6.3m | Added +4.1k |
| Cetera Advisors LLC 0.10% of their portfolio | 114.9k $6.2m | Reduced -3.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 109.2k $5.9m | Reduced -10.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 104.0k $5.7m | Added +29.6k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.11% of their portfolio | 101.0k $5.5m | Added +12.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 99.9k $5.4m | Added +8.2k |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.10% of their portfolio | 99.8k $5.4m | Reduced -40.0k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 92.4k $5.0m | Reduced -5.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 91.8k $5.0m | Added +54.5k |
| SALEM INVESTMENT COUNSELORS INC 0.19% of their portfolio | 91.3k $5.0m | Reduced -607 |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 86.6k $4.7m | Added +1.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 83.6k $4.5m | Added +10.4k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 83.5k $4.5m | Reduced -2.3k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.04% of their portfolio | 83.2k $4.5m | Reduced -3.1k |
| COUNTRY CLUB BANK 0.36% of their portfolio | 81.5k $4.4m | Reduced -489 |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 80.4k $4.4m | Added +5.2k |
| Edgestream Partners, L.P. 0.33% of their portfolio | 76.6k $4.2m | New |
| Foundry Partners, LLC 0.24% of their portfolio | 72.3k $3.9m | Added +19.4k |
| Sonora Investment Management Group, LLC 0.33% of their portfolio | 71.2k $3.9m | Reduced -3.0k |
| AMALGAMATED BANK 0.03% of their portfolio | 67.5k $3.7m | Added +3.6k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio | 67.2k $3.7m | New |
| ROWLANDMILLER & PARTNERS.ADV 0.89% of their portfolio | 66.0k $3.6m | Reduced -50 |
| Invenomic Capital Management LP 0.15% of their portfolio | 65.4k $3.6m | Reduced -2.3k |
| TRILLIUM ASSET MANAGEMENT, LLC 0.11% of their portfolio | 65.2k $3.5m | Added +6.5k |
| GUGGENHEIM CAPITAL LLC 0.03% of their portfolio | 64.6k $3.5m | Reduced -83 |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 63.7k $3.5m | Reduced -7.3k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 63.4k $3.4m | Added +348 |