SAFE BULKERS INC SB
COM · Common Stock · CUSIP Y7388L103 · ISIN MHY7388L1039
- SectorIndustrials
- IndustryDeep Sea Foreign Transportation of Freight
- 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 ($2.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $5.82. Options: 8 managers hold calls ($9.2m notional), 7 hold puts ($9.3m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 111 |
| Q4 2022 | 103 |
| Q1 2023 | 100 |
| Q2 2023 | 104 |
| Q3 2023 | 97 |
| Q4 2023 | 112 |
| Q1 2024 | 124 |
| Q2 2024 | 140 |
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 | 43 | 59 |
| Q1 2023 | 38 | 60 |
| Q2 2023 | 46 | 50 |
| Q3 2023 | 41 | 52 |
| Q4 2023 | 62 | 37 |
| Q1 2024 | 67 | 43 |
| Q2 2024 | 85 | 53 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.5m | $220.9k | 0.15 |
| Q4 2023 | $3.5m | $288.5k | 0.08 |
| Q1 2024 | $11.1m | $1.8m | 0.16 |
| Q2 2024 | $9.2m | $9.3m | 1.01 |
Biggest buyers
| TWO SIGMA ADVISERS, LP | Added | +553.5k |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +542.8k |
| LSV ASSET MANAGEMENT | Added | +450.2k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +380.3k |
| TWO SIGMA INVESTMENTS, LP | Added | +374.7k |
| DENALI ADVISORS LLC | Added | +317.9k |
| Russell Investments Group, Ltd. | Added | +273.2k |
| STATE STREET CORP | Added | +205.6k |
| OPPENHEIMER & CO INC | New | +183.7k |
| JANE STREET GROUP, LLC | Added | +173.3k |
Biggest sellers
| MARSHALL WACE, LLP | Reduced | -766.2k |
| MORGAN STANLEY | Reduced | -625.6k |
| Empowered Funds, LLC | Reduced | -422.6k |
| Scion Asset Management, LLC | Sold out | -400.0k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -291.7k |
| JPMORGAN CHASE & CO | Reduced | -256.6k |
| WINTON GROUP Ltd | Reduced | -159.3k |
| Invesco Ltd. | Reduced | -155.8k |
| D. E. Shaw & Co., Inc. | Reduced | -123.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Reduced | -93.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.7m978.4k shares |
| GROUP ONE TRADING LLC | Reduced | $1.5m250.3k shares |
| CITADEL ADVISORS LLC | Added | $921.3k158.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $387.0k66.5k shares |
| JANE STREET GROUP, LLC | Reduced | $384.7k66.1k shares |
| WOLVERINE TRADING, LLC | Reduced | $266.6k45.8k shares |
| PEAK6 Investments LLC | Unchanged | $87.9k15.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.0m1.0m shares |
| SIMPLEX TRADING, LLC | Added | $2.9m498.3k shares |
| GROUP ONE TRADING LLC | Added | $160.1k27.5k shares |
| CITADEL ADVISORS LLC | Added | $121.6k20.9k shares |
| WOLVERINE TRADING, LLC | New | $90.8k15.6k shares |
| PEAK6 Investments LLC | New | $11.6k2.0k 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 |
|---|---|
Vorini Holdings Inc.
13D · may seek influence
-3.7 pts · filed 2026-09-11
Stated purposeItem 4 is hereby amended and supplemented by the following: On September 9, 2026, the Issuer placed 12,000,000 new shares of the Common Stock (such shares, the "Offer Shares" and such transaction, the "Private Placement") to selected institutional investors who participated an accelerated bookbuilding process. Based on the results of the accelerated bookbuilding process, the Issuer accepted offers for 12,000,000 Offer Shares and set the offering price for the Offer Shares at (euro)6.70 per Offer Share (the "Offer Price"). As a result, the total gross proceeds raised from the Prive Placement amounted to 80,400,000. Polys Hajioannou, acting through Moutoulas, participated in the Private Placement and was allocated 1,500,000 Offer Shares. Subject to the lock-up agreement described in Item … Full filing |
43.8% |
Insider purchases and sales in Q2 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.
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 3.6m $21.1m | Reduced -76.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 3.3m $19.3m | Reduced -291.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.04% of their portfolio | 2.3m $13.3m | Added +380.3k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 1.8m $10.3m | Added +157.2k |
| STATE STREET CORP 0.00% of their portfolio | 1.6m $9.5m | Added +205.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 1.5m $9.0m | Added +36.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.2m $7.1m | Reduced -48.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.2m $7.0m | Reduced -256.6k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.14% of their portfolio | 1.0m $6.0m | Added +35.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 864.6k $5.0m | Added +542.8k |
| MORGAN STANLEY 0.00% of their portfolio | 798.1k $4.6m | Reduced -625.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 764.8k $4.5m | Added +30.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 690.8k $4.0m | Added +35.4k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 688.2k $4.0m | Added +553.5k |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 552.4k $3.2m | Added +450.2k |
| Empowered Funds, LLC 0.05% of their portfolio | 493.6k $2.9m | Reduced -422.6k |
| HARVEY CAPITAL MANAGEMENT INC 0.70% of their portfolio | 459.4k $2.7m | Reduced -9.0k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 438.6k $2.6m | Added +273.2k |
| DENALI ADVISORS LLC 0.67% of their portfolio | 418.3k $2.4m | Added +317.9k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 411.0k $2.4m | Added +374.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 388.1k $2.3m | Reduced -21.6k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 365.3k $2.1m | Reduced -93.8k |
| Invesco Ltd. 0.00% of their portfolio | 309.7k $1.8m | Reduced -155.8k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 281.0k $1.6m | Added +14.6k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 252.8k $1.5m | Added +173.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 211.8k $1.2m | Reduced -3.0k |
| Tidal Investments LLC 0.02% of their portfolio | 199.0k $1.2m | Added +148.8k |
| OPPENHEIMER & CO INC 0.02% of their portfolio | 183.7k $1.1m | New |
| Informed Momentum Co LLC 0.17% of their portfolio | 182.4k $1.1m | Unchanged |
| Manatuck Hill Partners, LLC 0.45% of their portfolio | 176.5k $1.0m | Added +100.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 168.0k $977.6k | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 149.6k $870.5k | Added +2.9k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 148.0k $861.6k | Unchanged |
| Mariner, LLC 0.00% of their portfolio | 145.2k $845.0k | Added +49.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 142.6k $830.1k | Added +76.7k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 138.7k $807.0k | Added +103.9k |
| UBS Group AG 0.00% of their portfolio | 135.5k $788.4k | Added +15.3k |
| HRT FINANCIAL LP 0.00% of their portfolio | 129.1k $751.0k | New |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.02% of their portfolio | 126.2k $734.2k | Added +37.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 104.8k $610.1k | Reduced -3.0k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 101.4k $590.4k | Added +708 |
| GTS SECURITIES LLC 0.01% of their portfolio | 100.2k $582.9k | Added +22.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 98.1k $571.2k | Added +32.2k |
| NAVELLIER & ASSOCIATES INC 0.06% of their portfolio | 90.4k $525.8k | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 84.5k $491.7k | Added +20.3k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 83.7k $487.0k | Reduced -21.3k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 82.1k $478.0k | Reduced -123.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 80.4k $467.9k | Added +42.5k |
| Ruffer LLP 0.02% of their portfolio | 80.0k $464.4k | Reduced -30.0k |
| Jump Financial, LLC 0.01% of their portfolio | 78.0k $454.0k | Added +19.4k |
| BARCLAYS PLC 0.00% of their portfolio | 68.3k $397.5k | Reduced -24.4k |
| Ethic Inc. 0.01% of their portfolio | 66.6k $387.8k | Added +6.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 64.7k $376.8k | Added +6.1k |
| Quadrature Capital Ltd 0.01% of their portfolio | 63.9k $371.4k | Added +881 |
| National Philanthropic Trust 0.01% of their portfolio | 63.8k $371.6k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 63.2k $368.0k | Reduced -7.8k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 53.7k $312.6k | Reduced -766.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 50.5k $294.0k | Added +4.5k |
| SHERBROOKE PARK ADVISERS LLC 0.05% of their portfolio | 49.1k $286.0k | New |
| State of Wyoming 0.05% of their portfolio | 48.6k $283.1k | Added +19.1k |
| BAILARD, INC. 0.01% of their portfolio | 43.6k $253.8k | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 43.1k $250.6k | New |
| Counterpoint Mutual Funds LLC 0.06% of their portfolio | 41.7k $242.9k | Added +14.6k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 39.8k $231.7k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 39.3k $228.7k | Unchanged |
| Campbell & CO Investment Adviser LLC 0.02% of their portfolio | 37.7k $219.5k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 36.9k $214.7k | Added +6.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 34.2k $198.9k | First filing |
| Corebridge Financial, Inc. 0.00% of their portfolio | 34.0k $197.7k | First filing |
| Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio | 33.6k $195.4k | New |
| Ellevest, Inc. 0.01% of their portfolio | 31.6k $183.7k | Added +7.0k |
| Centiva Capital, LP 0.01% of their portfolio | 30.8k $179.4k | Reduced -9.8k |
| Cornerstone Investment Partners, LLC 0.01% of their portfolio | 30.3k $176.3k | New |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 28.9k $168.3k | New |
| Trexquant Investment LP 0.00% of their portfolio | 26.9k $156.5k | New |
| PARK AVENUE SECURITIES LLC 0.00% of their portfolio | 25.8k $150.0k | New |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 25.6k $148.8k | Added +5.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 23.7k $137.9k | Added +2.0k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 23.1k $134.5k | New |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 21.4k $124.0k | New |
| Bleakley Financial Group, LLC 0.00% of their portfolio | 20.7k $120.6k | Reduced -769 |
| Simplicity Wealth,LLC 0.00% of their portfolio | 20.6k $120.2k | Reduced -793 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 20.0k $116.6k | Added +9.1k |
| DGS Capital Management, LLC 0.03% of their portfolio | 20.0k $116.5k | Reduced -30 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 19.5k $114.0k | Reduced -455 |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 19.4k $113.1k | New |
| WINTON GROUP Ltd 0.01% of their portfolio | 18.1k $105.3k | Reduced -159.3k |
| Naviter Wealth, LLC 0.02% of their portfolio | 18.0k $104.7k | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 17.9k $104.4k | New |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 17.7k $103.1k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 17.3k $100.7k | Added +2.2k |
| EntryPoint Capital, LLC 0.05% of their portfolio | 17.2k $100.1k | Added +5.8k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.02% of their portfolio | 17.0k $99.0k | Reduced -76.9k |
| Banque Cantonale Vaudoise 0.00% of their portfolio | 16.9k $98.0k | Added +2.1k |
| Graham Capital Management, L.P. 0.00% of their portfolio | 16.5k $95.8k | New |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio | 15.2k $88.6k | Unchanged |
| ZACKS INVESTMENT MANAGEMENT 0.00% of their portfolio | 14.8k $86.1k | New |
| Verition Fund Management LLC 0.00% of their portfolio | 14.5k $84.3k | Reduced -54.1k |
| Mraz, Amerine & Associates, Inc. 0.02% of their portfolio | 13.3k $77.7k | Reduced -1 |
| Salvus Wealth Management, LLC 0.05% of their portfolio | 13.2k $76.8k | Unchanged |