SOTERA HEALTH CO SHC
COM · Common Stock · CUSIP 83601L102 · ISIN US83601L1026
- SectorHealth care
- IndustryServices-Misc Health & Allied Services, NEC
- HeadquartersBroadview Heights, OH
- 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 ($300.1k this quarter). Holder counts are more reliable. Shares outstanding: 283.2m as of 2024-10-25, 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 ≈ $16.98. Options: 6 managers hold calls ($1.2m notional), 7 hold puts ($1.3m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 185 |
| Q4 2022 | 173 |
| Q1 2023 | 185 |
| Q2 2023 | 179 |
| Q3 2023 | 172 |
| Q4 2023 | 181 |
| Q1 2024 | 198 |
| Q2 2024 | 206 |
| Q3 2024 | 211 |
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 | 101 | 95 |
| Q1 2023 | 101 | 92 |
| Q2 2023 | 87 | 97 |
| Q3 2023 | 70 | 101 |
| Q4 2023 | 84 | 85 |
| Q1 2024 | 125 | 63 |
| Q2 2024 | 110 | 94 |
| Q3 2024 | 132 | 72 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $7.0m | $1.2m | 0.17 |
| Q1 2024 | $2.8m | $1.3m | 0.46 |
| Q2 2024 | $296.2k | $413.4k | 1.40 |
| Q3 2024 | $1.2m | $1.3m | 1.15 |
Biggest buyers
| Darsana Capital Partners LP | Added | +17.6m |
| T. Rowe Price Investment Management, Inc. | Added | +3.3m |
| VANGUARD GROUP INC | Added | +2.4m |
| AQR CAPITAL MANAGEMENT LLC | Added | +2.1m |
| Sessa Capital IM, L.P. | Added | +2.0m |
| CITADEL ADVISORS LLC | Added | +1.5m |
| D. E. Shaw & Co., Inc. | New | +1.1m |
| STATE STREET CORP | Added | +644.2k |
| MORGAN STANLEY | Added | +579.1k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +447.2k |
Biggest sellers
| WARBURG PINCUS LLC | Reduced | -15.0m |
| GTCR LLC | Reduced | -10.0m |
| JANUS HENDERSON GROUP PLC | Reduced | -1.8m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.6m |
| Newtyn Management, LLC | Sold out | -950.0k |
| Khrom Capital Management LLC | Sold out | -807.4k |
| JANE STREET GROUP, LLC | Reduced | -726.2k |
| ArrowMark Colorado Holdings LLC | Reduced | -525.0k |
| Allspring Global Investments Holdings, LLC | Reduced | -514.3k |
| LGT CAPITAL PARTNERS LTD. | Sold out | -370.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $412.5k24.7k shares |
| GROUP ONE TRADING LLC | Added | $267.2k16.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $234.6k14.0k shares |
| SIMPLEX TRADING, LLC | Added | $158.0k9.5k shares |
| CITADEL ADVISORS LLC | Reduced | $81.8k4.9k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $599.5k35.9k shares |
| JANE STREET GROUP, LLC | New | $222.1k13.3k shares |
| GROUP ONE TRADING LLC | Added | $187.0k11.2k shares |
| CITADEL ADVISORS LLC | Reduced | $172.0k10.3k shares |
| SIMPLEX TRADING, LLC | Added | $98.0k5.9k shares |
| JPMORGAN CHASE & CO | New | $46.8k2.8k 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 |
|---|---|
| Sessa Capital IM, L.P. 13G · institution filed 2026-08-14 | 9.5% |
| Darsana Capital Partners LP 13G · passive investor filed 2025-11-14 | 8.8% |
| Sculptor Capital LP 13G · passive investor +1.0 pts · filed 2026-08-14 | 8.4% |
| BlackRock, Inc. 13G · institution +2.2 pts · filed 2026-07-30 | 8.4% |
| Sessa Capital (Master), L.P. 13G · passive investor new · filed 2026-02-17 | 7.2% |
Fell to 5% or below in the last year: Sachem Head Capital Management LP (0.0%, 2026-10-09), WARBURG PINCUS & CO. (0.0%, 2026-05-15), GTCR INVESTMENT XI LLC (0.0%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q3 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.
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 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 5 | $411.4m | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 2 | $375.8m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-09-06 | WARBURG PINCUS & CO. +9 Director · See Footnote | Sold | $225.4m15.0m shares |
| 2024-09-06 | WARBURG PINCUS & CO. +7 Director · See Footnote | Sold | $225.4m15.0m shares |
| 2024-09-06 | GTCR CO-INVEST XI LP +4 Director · See Footnote | Sold | $150.3m10.0m 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 2024
| Manager | Shares | Change |
|---|---|---|
| WARBURG PINCUS LLC 63.25% of their portfolio | 73.8m $1.2bn | Reduced -15.0m |
| GTCR LLC 64.07% of their portfolio | 49.2m $821.9m | Reduced -10.0m |
| Darsana Capital Partners LP 8.23% of their portfolio | 20.0m $334.2m | Added +17.6m |
| VANGUARD GROUP INC 0.00% of their portfolio | 14.8m $246.3m | Added +2.4m |
| BlackRock, Inc. 0.00% of their portfolio | 13.6m $226.5m | First filing |
| JANUS HENDERSON GROUP PLC 0.11% of their portfolio | 12.7m $211.6m | Reduced -1.8m |
| T. Rowe Price Investment Management, Inc. 0.09% of their portfolio | 9.4m $157.3m | Added +3.3m |
| Sachem Head Capital Management LP 6.93% of their portfolio | 7.9m $132.1m | Unchanged |
| Sessa Capital IM, L.P. 4.02% of their portfolio | 6.3m $105.2m | Added +2.0m |
| MIG Capital, LLC 11.99% of their portfolio | 5.9m $98.8m | Reduced -140.2k |
| STATE STREET CORP 0.00% of their portfolio | 4.1m $68.9m | Added +644.2k |
| MAVERICK CAPITAL LTD 1.14% of their portfolio | 3.5m $58.4m | Added +118.4k |
| ArrowMark Colorado Holdings LLC 0.72% of their portfolio | 3.4m $56.3m | Reduced -525.0k |
| Irenic Capital Management LP 8.17% of their portfolio | 2.8m $46.6m | Reduced -243.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.8m $46.0m | Added +447.2k |
| AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 2.6m $42.8m | Added +2.1m |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 2.5m $41.2m | Added +234.2k |
| LAKEWOOD CAPITAL MANAGEMENT, LP 3.07% of their portfolio | 2.3m $37.7m | Reduced -50.0k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 2.2m $36.8m | Added +1.5m |
| ExodusPoint Capital Management, LP 0.37% of their portfolio | 2.2m $36.4m | Reduced -240.1k |
| MORGAN STANLEY 0.00% of their portfolio | 1.5m $24.8m | Added +579.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.3m $22.5m | Added +208.9k |
| UNTITLED INVESTMENTS LP 4.59% of their portfolio | 1.2m $20.7m | Unchanged |
| Bronte Capital Management Pty Ltd. 7.84% of their portfolio | 1.2m $96.5m | Added +6.3k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 1.2m $20.6m | Reduced -1.6m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 1.1m $18.8m | Reduced -3.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.1m $18.8m | Added +119.5k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 1.1m $18.2m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.1m $18.0m | Added +208.5k |
| NORGES BANK 0.00% of their portfolio | 1.1m $17.7m | Reduced -159.8k |
| Kerrisdale Advisers, LLC 4.52% of their portfolio | 795.3k $13.3m | Reduced -172.6k |
| TUDOR INVESTMENT CORP ET AL 0.13% of their portfolio | 717.4k $12.0m | Reduced -132.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 498.3k $8.3m | Added +125.8k |
| BARCLAYS PLC 0.00% of their portfolio | 473.6k $7.9m | Added +298.1k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 437.5k $7.3m | Added +6.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 436.9k $7.3m | Added +182.1k |
| Mudita Advisors LLP 3.71% of their portfolio | 406.3k $6.8m | Added +20.0k |
| Two Seas Capital LP 1.13% of their portfolio | 400.0k $6.7m | Added +50.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 384.6k $6.4m | Added +69.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 354.0k $5.9m | Reduced -60.8k |
| Voss Capital, LP 0.49% of their portfolio | 350.0k $5.8m | Added +100.0k |
| Ghisallo Capital Management LLC 0.27% of their portfolio | 325.0k $5.4m | New |
| Invesco Ltd. 0.00% of their portfolio | 298.9k $5.0m | Added +50.1k |
| Phocas Financial Corp. 0.55% of their portfolio | 292.2k $4.9m | Reduced -18.3k |
| CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio | 285.7k $4.8m | New |
| INHERENT GROUP, LP 4.34% of their portfolio | 281.3k $4.7m | Unchanged |
| Swiss National Bank 0.00% of their portfolio | 276.3k $4.6m | Reduced -1.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 267.6k $4.5m | Added +31.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 262.0k $4.4m | Reduced -14.8k |
| Gotham Asset Management, LLC 0.04% of their portfolio | 247.6k $4.1m | Added +47.2k |
| UBS Group AG 0.00% of their portfolio | 234.5k $3.9m | Added +111.3k |
| TD Asset Management Inc 0.00% of their portfolio | 222.4k $3.7m | Added +99.0k |
| Legal & General Group Plc 0.00% of their portfolio | 221.5k $3.7m | Added +23.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 205.3k $3.4m | Added +15.9k |
| P2 Capital Partners, LLC 0.38% of their portfolio | 200.0k $3.3m | Unchanged |
| Retirement Systems of Alabama 0.01% of their portfolio | 185.8k $3.1m | Added +32.1k |
| AXA S.A. 0.01% of their portfolio | 184.1k $3.1m | Reduced -194.5k |
| Corebridge Financial, Inc. 0.02% of their portfolio | 180.8k $3.0m | Added +23.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 151.2k $2.5m | Added +25.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 134.6k $2.2m | Reduced -2.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 128.2k $2.1m | Added +13.2k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 127.0k $2.1m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 100.4k $1.7m | Reduced -17.0k |
| Maven Securities LTD 0.19% of their portfolio | 100.0k $1.7m | New |
| State of Tennessee, Department of Treasury 0.01% of their portfolio | 90.4k $1.5m | Added +33.8k |
| Cerity Partners LLC 0.00% of their portfolio | 89.2k $1.5m | New |
| Walleye Capital LLC 0.01% of their portfolio | 84.4k $1.4m | New |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 82.7k $1.4m | Added +11.3k |
| Engineers Gate Manager LP 0.03% of their portfolio | 82.4k $1.4m | Added +12.4k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 79.0k $1.3m | Added +13.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 74.5k $1.2m | Added +12.5k |
| Campbell & CO Investment Adviser LLC 0.09% of their portfolio | 74.3k $1.2m | Added +38.7k |
| Van Berkom & Associates Inc. 0.03% of their portfolio | 74.1k $1.2m | Added +1.9k |
| AMALGAMATED BANK 0.01% of their portfolio | 70.3k $1.2m | Added +6.9k |
| DANSKE BANK A/S 0.00% of their portfolio | 69.3k $1.2m | New |
| Treasurer of the State of North Carolina 0.00% of their portfolio | 65.8k $1.1m | Added +11.2k |
| BRANDES INVESTMENT PARTNERS, LP 0.01% of their portfolio | 64.5k $1.1m | Added +8.1k |
| Squarepoint Ops LLC 0.00% of their portfolio | 62.5k $1.0m | Reduced -177.8k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 60.8k $1.0m | Added +11.0k |
| CWM, LLC 0.00% of their portfolio | 58.6k $978.0k | Added +56.4k |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 57.1k $954.3k | Added +3.9k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 54.7k $913.6k | Added +6.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 53.5k $893.0k | Added +1.8k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 50.9k $849.9k | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 50.6k $844.7k | Added +12.0k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 48.8k $814.4k | New |
| COMERICA BANK 0.00% of their portfolio | 46.1k $769.4k | Added +2.0k |
| First Pacific Advisors, LP 0.01% of their portfolio | 45.5k $759.5k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 45.4k $758.5k | Reduced -726.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 45.1k $753.9k | Unchanged |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 43.4k $724.1k | Unchanged |
| Neo Ivy Capital Management 0.23% of their portfolio | 43.1k $720.0k | New |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 42.4k $708.1k | Added +7.2k |
| Handelsbanken Fonder AB 0.00% of their portfolio | 40.9k $683.0k | Added +11.5k |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 40.8k $680.6k | Added +1.2k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 39.5k $659.0k | Reduced -8.5k |
| STATE OF MICHIGAN RETIREMENT SYSTEM 0.00% of their portfolio | 36.3k $606.2k | Added +6.3k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 35.9k $600.0k | Added +5.8k |
| Brevan Howard Capital Management LP 0.03% of their portfolio | 34.9k $582.4k | New |
| NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC 0.01% of their portfolio | 33.9k $566.6k | Added +6.1k |