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 ≈ $55.87. Options: 6 managers hold calls ($2.9m notional), 5 hold puts ($2.3m).
Trends to Q4 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 |
| Q4 2023 | 462 |
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 |
| Q4 2023 | 196 | 218 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $3.6m | $3.4m | 0.96 |
| Q2 2023 | $9.9m | $9.9m | 1.00 |
| Q3 2023 | $6.9m | $9.0m | 1.31 |
| Q4 2023 | $2.9m | $2.3m | 0.79 |
Biggest buyers
| MORGAN STANLEY | Added | +1.2m |
| JPMORGAN CHASE & CO | Added | +732.8k |
| FULLER & THALER ASSET MANAGEMENT, INC. | Added | +501.4k |
| AMERICAN CENTURY COMPANIES INC | Added | +481.6k |
| BROWN ADVISORY INC | Added | +371.1k |
| SEI INVESTMENTS CO | Added | +300.7k |
| EARNEST PARTNERS LLC | Added | +268.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +188.3k |
| TWO SIGMA INVESTMENTS, LP | New | +113.0k |
| DIMENSIONAL FUND ADVISORS LP | Added | +110.0k |
Biggest sellers
| HENNESSY ADVISORS INC | Sold out | -262.6k |
| NORGES BANK | Reduced | -254.5k |
| Allianz Asset Management GmbH | Sold out | -207.3k |
| ROYAL BANK OF CANADA | Reduced | -166.0k |
| Pictet Asset Management Holding SA | Reduced | -165.9k |
| GREAT LAKES ADVISORS, LLC | Sold out | -143.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -134.9k |
| KENNEDY CAPITAL MANAGEMENT LLC | Reduced | -97.9k |
| Invesco Ltd. | Reduced | -96.3k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | Reduced | -92.3k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $1.8m32.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $704.0k12.6k shares |
| JANE STREET GROUP, LLC | New | $307.3k5.5k shares |
| Twin Tree Management, LP | Reduced | $44.7k800 shares |
| SIMPLEX TRADING, LLC | Reduced | $27.0k500 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.5m26.4k shares |
| CITADEL ADVISORS LLC | Reduced | $670.4k12.0k shares |
| SIMPLEX TRADING, LLC | Added | $89.0k1.6k shares |
| WELLS FARGO & COMPANY/MN | Unchanged | $55.9k1.0k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 11.0m $614.0m | Added +19.3k |
| BlackRock Inc. 0.02% of their portfolio | 10.9m $610.4m | Reduced -64.3k |
| STATE STREET CORP 0.01% of their portfolio | 4.7m $262.2m | Added +6.8k |
| AMERICAN CENTURY COMPANIES INC 0.13% of their portfolio | 3.3m $182.6m | Added +481.6k |
| EARNEST PARTNERS LLC 0.68% of their portfolio | 2.4m $136.9m | Added +268.2k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 2.4m $134.4m | Reduced -5.6k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 2.3m $131.2m | Reduced -166.0k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 2.3m $128.5m | Added +110.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.13% of their portfolio | 2.1m $119.9m | Reduced -28.7k |
| MORGAN STANLEY 0.00% of their portfolio | 2.0m $110.7m | Added +1.2m |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.50% of their portfolio | 1.8m $99.5m | Added +501.4k |
| FIRST TRUST ADVISORS LP 0.10% of their portfolio | 1.7m $92.5m | Added +38.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.6m $90.4m | Added +37.2k |
| SEI INVESTMENTS CO 0.11% of their portfolio | 1.3m $71.3m | Added +300.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.3m $70.1m | Added +24.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.2m $67.8m | Added +732.8k |
| NORGES BANK 0.01% of their portfolio | 1.1m $62.4m | Reduced -254.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.07% of their portfolio | 981.8k $54.9m | Reduced -28.0k |
| Invesco Ltd. 0.01% of their portfolio | 858.0k $47.9m | Reduced -96.3k |
| Impax Asset Management Group plc 0.19% of their portfolio | 844.4k $47.2m | Reduced -88.9k |
| FMR LLC 0.00% of their portfolio | 765.2k $42.7m | Added +70.9k |
| BROWN ADVISORY INC 0.06% of their portfolio | 724.6k $40.5m | Added +371.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 716.7k $40.0m | Reduced -13.4k |
| Pictet Asset Management Holding SA 0.04% of their portfolio | 676.2k $37.8m | Reduced -165.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 662.2k $37.0m | Added +20.2k |
| ProShare Advisors LLC 0.10% of their portfolio | 587.1k $32.8m | Reduced -16.5k |
| MACQUARIE GROUP LTD 0.04% of their portfolio | 584.3k $32.6m | Added +7.9k |
| OLD REPUBLIC INTERNATIONAL CORP 1.22% of their portfolio | 580.2k $32.4m | Unchanged |
| DEPRINCE RACE & ZOLLO INC 0.67% of their portfolio | 533.2k $29.8m | Reduced -23.8k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.20% of their portfolio | 505.1k $28.2m | Reduced -27.1k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 416.0k $23.2m | Added +188.3k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 399.1k $22.3m | Added +108.5k |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 371.7k $20.8m | Added +2.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 359.6k $20.1m | Reduced -1.7k |
| VALLEY WEALTH MANAGERS, INC. 1.49% of their portfolio | 341.9k $19.1m | Reduced -2.1k |
| STOREBRAND ASSET MANAGEMENT AS 0.07% of their portfolio | 340.5k $19.0m | Reduced -835 |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 302.9k $16.9m | Reduced -2.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 277.4k $15.5m | Reduced -10.2k |
| Quilter Plc 0.52% of their portfolio | 274.4k $15.4m | Added +22.8k |
| Retirement Systems of Alabama 0.06% of their portfolio | 270.8k $15.1m | Added +376 |
| SPEECE THORSON CAPITAL GROUP INC 3.05% of their portfolio | 266.0k $14.9m | Added +41.0k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 259.8k $14.5m | Reduced -24.0k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 252.2k $14.1m | Reduced -7.9k |
| LSV ASSET MANAGEMENT 0.03% of their portfolio | 248.0k $13.9m | Reduced -25.9k |
| BROWN BROTHERS HARRIMAN & CO 0.10% of their portfolio | 224.0k $12.5m | Added +323 |
| FINANCIAL COUNSELORS INC 0.21% of their portfolio | 214.8k $12.0m | Reduced -179 |
| AE Wealth Management LLC 0.06% of their portfolio | 194.7k $11.4m | Reduced -22.5k |
| Swiss National Bank 0.01% of their portfolio | 193.1k $10.8m | Reduced -22.3k |
| Legal & General Group Plc 0.00% of their portfolio | 192.4k $10.8m | Reduced -2.6k |
| California Public Employees Retirement System 0.01% of their portfolio | 189.3k $10.6m | Reduced -5.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 177.4k $9.9m | Reduced -24.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 171.7k $9.6m | Reduced -15.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 168.9k $9.4m | Reduced -6.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 161.5k $9.0m | Added +1.8k |
| GAMCO INVESTORS, INC. ET AL 0.09% of their portfolio | 155.0k $8.7m | Unchanged |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 151.7k $8.5m | Reduced -1.5k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 142.4k $8.0m | Reduced -6.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 139.4k $7.8m | Reduced -6.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 138.8k $7.8m | Added +793 |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 135.3k $7.6m | Reduced -5.3k |
| ExodusPoint Capital Management, LP 0.09% of their portfolio | 134.9k $7.5m | Added +79.3k |
| Meiji Yasuda Asset Management Co Ltd. 0.34% of their portfolio | 134.4k $7.5m | Added +4.1k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.03% of their portfolio | 132.3k $7.4m | Reduced -5.7k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.13% of their portfolio | 130.5k $7.3m | Added +29.5k |
| Bahl & Gaynor LLC 0.04% of their portfolio | 128.8k $7.2m | Added +1.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 124.4k $6.9m | Reduced -1.9k |
| COMMERCE BANK 0.05% of their portfolio | 118.4k $6.6m | Reduced -1.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 115.8k $6.5m | Added +67 |
| Cetera Advisors LLC 0.09% of their portfolio | 113.7k $6.4m | Reduced -1.2k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 113.0k $6.3m | New |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 111.3k $6.2m | Reduced -134.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 104.4k $5.8m | Reduced -4.9k |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 104.4k $5.8m | Added +65.1k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 104.3k $5.8m | Reduced -14.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 103.2k $5.8m | Reduced -863 |
| BARCLAYS PLC 0.00% of their portfolio | 100.4k $5.6m | Added +46.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 99.9k $5.6m | Unchanged |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 99.2k $5.5m | Added +18.8k |
| Invenomic Capital Management LP 0.29% of their portfolio | 97.8k $5.5m | Added +32.5k |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.10% of their portfolio | 97.6k $5.5m | Reduced -2.1k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 97.6k $5.5m | Added +11.0k |
| Cubist Systematic Strategies, LLC 0.07% of their portfolio | 97.0k $5.4m | Added +74.3k |
| SALEM INVESTMENT COUNSELORS INC 0.18% of their portfolio | 93.1k $5.2m | Added +1.8k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 85.7k $4.8m | Added +56.7k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.04% of their portfolio | 84.6k $4.7m | Added +1.4k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 83.0k $4.6m | Reduced -492 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 81.3k $4.5m | Reduced -2.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 79.9k $4.5m | Reduced -11.9k |
| Trexquant Investment LP 0.10% of their portfolio | 79.6k $4.4m | New |
| COUNTRY CLUB BANK 0.33% of their portfolio | 78.5k $4.4m | Reduced -3.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 77.9k $4.4m | Added +62.7k |
| UBS Group AG 0.00% of their portfolio | 76.9k $4.3m | Added +34.4k |
| Foundry Partners, LLC 0.24% of their portfolio | 71.9k $4.0m | Reduced -360 |
| TRILLIUM ASSET MANAGEMENT, LLC 0.11% of their portfolio | 70.7k $3.9m | Added +5.4k |
| GUGGENHEIM CAPITAL LLC 0.03% of their portfolio | 69.7k $3.9m | Added +5.0k |
| Sonora Investment Management Group, LLC 0.31% of their portfolio | 67.9k $3.8m | Reduced -3.3k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio | 64.6k $3.6m | Reduced -2.6k |
| ROWLANDMILLER & PARTNERS.ADV 0.82% of their portfolio | 64.4k $3.6m | Reduced -1.7k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 63.1k $3.5m | Added +1.8k |
| AMALGAMATED BANK 0.03% of their portfolio | 62.4k $3.5m | Reduced -5.1k |