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 ($3.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $3.61. Options: 5 managers hold calls ($952.3k notional), 3 hold puts ($44.4k).
Trends to Q2 2025
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 |
| Q3 2024 | 133 |
| Q4 2024 | 131 |
| Q1 2025 | 142 |
| Q2 2025 | 130 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 41 | 52 |
| Q4 2023 | 62 | 37 |
| Q1 2024 | 67 | 43 |
| Q2 2024 | 85 | 53 |
| Q3 2024 | 66 | 71 |
| Q4 2024 | 63 | 69 |
| Q1 2025 | 79 | 57 |
| Q2 2025 | 62 | 74 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $7.2m | $4.1m | 0.57 |
| Q4 2024 | $3.5m | $131.8k | 0.04 |
| Q1 2025 | $856.1k | $45.4k | 0.05 |
| Q2 2025 | $952.3k | $44.4k | 0.05 |
Biggest buyers
| GSA CAPITAL PARTNERS LLP | Added | +389.9k |
| CITADEL ADVISORS LLC | Added | +229.5k |
| AMERICAN CENTURY COMPANIES INC | Added | +204.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +197.5k |
| MORGAN STANLEY | Added | +171.5k |
| GOLDMAN SACHS GROUP INC | Added | +138.1k |
| Janney Montgomery Scott LLC | New | +105.6k |
| Manatuck Hill Partners, LLC | Added | +71.9k |
| AMERIPRISE FINANCIAL INC | Added | +62.9k |
| HRT FINANCIAL LP | Added | +62.3k |
Biggest sellers
| Nuveen, LLC | Reduced | -334.8k |
| Squarepoint Ops LLC | Reduced | -227.4k |
| Mariner, LLC | Reduced | -214.6k |
| BlackRock, Inc. | Reduced | -191.4k |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -183.7k |
| Marex Group Ltd | Sold out | -137.6k |
| ExodusPoint Capital Management, LP | Reduced | -137.0k |
| Qube Research & Technologies Ltd | Sold out | -124.6k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -117.9k |
| D. E. Shaw & Co., Inc. | Reduced | -92.2k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $826.0k228.8k shares |
| CITADEL ADVISORS LLC | Added | $86.6k24.0k shares |
| JANE STREET GROUP, LLC | New | $39.7k11.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| SIMPLEX TRADING, LLC | Reduced | $0100 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $42.6k11.8k shares |
| GROUP ONE TRADING LLC | Added | $1.8k500 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 2025
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 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 3.5m $12.5m | Reduced -37.1k |
| BlackRock, Inc. 0.00% of their portfolio | 3.4m $12.4m | Reduced -191.4k |
| LSV ASSET MANAGEMENT 0.02% of their portfolio | 2.1m $7.4m | Reduced -38.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 1.8m $6.5m | Reduced -2.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.8m $6.4m | Added +138.1k |
| STATE STREET CORP 0.00% of their portfolio | 1.5m $5.5m | Added +17.3k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 1.4m $5.2m | Added +204.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.3m $4.7m | Added +62.9k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.10% of their portfolio | 1.2m $4.2m | Added +57.0k |
| DENALI ADVISORS LLC 0.35% of their portfolio | 930.1k $3.4m | Added +59.7k |
| MORGAN STANLEY 0.00% of their portfolio | 864.9k $3.1m | Added +171.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 761.3k $2.7m | Added +4.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 719.8k $2.6m | Reduced -19.1k |
| Empowered Funds, LLC 0.03% of their portfolio | 633.2k $2.3m | Added +57.0k |
| UBS Group AG 0.00% of their portfolio | 603.8k $2.2m | Reduced -72.2k |
| GSA CAPITAL PARTNERS LLP 0.14% of their portfolio | 534.3k $1.9m | Added +389.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 469.6k $1.7m | Reduced -28.6k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 459.1k $1.7m | Added +4.0k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 459.1k $1.7m | Reduced -51.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 422.1k $1.5m | Reduced -58.4k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 341.9k $1.2m | Added +229.5k |
| HRT FINANCIAL LP 0.01% of their portfolio | 276.9k $999.0k | Added +62.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 274.4k $990.7k | Added +197.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 271.9k $981.6k | Added +28.8k |
| Manatuck Hill Partners, LLC 0.31% of their portfolio | 225.0k $812.2k | Added +71.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 167.6k $605.1k | Added +34.0k |
| Koss-Olinger Consulting, LLC 0.05% of their portfolio | 167.4k $604.4k | Reduced -12.2k |
| Invesco Ltd. 0.00% of their portfolio | 164.9k $595.2k | Reduced -63.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 157.6k $569.0k | Reduced -9.7k |
| BARCLAYS PLC 0.00% of their portfolio | 157.0k $566.9k | Added +36.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 151.7k $547.5k | Added +8.2k |
| Nuveen, LLC 0.00% of their portfolio | 144.1k $520.1k | Reduced -334.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 124.6k $449.7k | Reduced -183.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 120.5k $432.0k | Added +37.2k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 113.2k $428.0k | Reduced -543 |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 105.6k $381.0k | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 104.0k $375.5k | Reduced -1.9k |
| Mariner, LLC 0.00% of their portfolio | 103.0k $371.9k | Reduced -214.6k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 98.7k $356.2k | Reduced -92.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 98.5k $356.0k | Added +49.2k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 94.1k $339.8k | Added +268 |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 92.7k $334.7k | Added +318 |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 88.0k $317.8k | Added +20.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 76.9k $277.4k | Reduced -117.9k |
| Jump Financial, LLC 0.00% of their portfolio | 73.0k $263.4k | Reduced -3.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 72.3k $261.0k | Added +22.4k |
| Squarepoint Ops LLC 0.00% of their portfolio | 69.0k $249.1k | Reduced -227.4k |
| EXCHANGE TRADED CONCEPTS, LLC 0.00% of their portfolio | 64.0k $231.1k | Reduced -3.1k |
| State of Wyoming 0.03% of their portfolio | 61.6k $222.5k | Added +16.0k |
| Ethic Inc. 0.00% of their portfolio | 57.8k $213.2k | Reduced -362 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 57.5k $207.7k | Reduced -78.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 45.6k $164.7k | Reduced -72.0k |
| Tidal Investments LLC 0.00% of their portfolio | 43.3k $156.3k | Added +2.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 37.8k $136.4k | Reduced -14.4k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 35.7k $128.8k | Added +5.6k |
| Aristides Capital LLC 0.04% of their portfolio | 34.9k $125.8k | Reduced -10.5k |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 33.0k $120.1k | New |
| Verition Fund Management LLC 0.00% of their portfolio | 32.7k $118.1k | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 32.0k $115.5k | Reduced -917 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 31.5k $113.8k | Reduced -4.6k |
| SHERBROOKE PARK ADVISERS LLC 0.05% of their portfolio | 30.0k $108.3k | Reduced -23.1k |
| HARVEY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 30.0k $109.2k | Unchanged |
| National Philanthropic Trust 0.00% of their portfolio | 28.7k $103.5k | Reduced -2.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 28.5k $103.0k | Added +955 |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 27.0k $97.6k | Reduced -12.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 26.4k $95.2k | Reduced -11.9k |
| CITIGROUP INC 0.00% of their portfolio | 25.1k $90.8k | Reduced -22.4k |
| Sage Investment Counsel LLC 0.10% of their portfolio | 25.0k $90.2k | Unchanged |
| Savvy Advisors, Inc. 0.01% of their portfolio | 24.2k $87.4k | New |
| DGS Capital Management, LLC 0.02% of their portfolio | 23.6k $85.0k | Added +4.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 21.9k $79.1k | Added +2.3k |
| EMC Capital Management 0.04% of their portfolio | 21.1k $76.0k | New |
| ExodusPoint Capital Management, LP 0.00% of their portfolio | 20.9k $75.0k | Reduced -137.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 20.2k $72.8k | Unchanged |
| Kiker Wealth Management, LLC 0.04% of their portfolio | 20.0k $72.2k | Unchanged |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 19.3k $69.5k | New |
| Ballentine Partners, LLC 0.00% of their portfolio | 18.4k $66.4k | Reduced -12.7k |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 17.4k $62.0k | New |
| J.W. COLE ADVISORS, INC. 0.00% of their portfolio | 16.9k $61.2k | New |
| Mraz, Amerine & Associates, Inc. 0.01% of their portfolio | 16.5k $59.6k | Unchanged |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 13.8k $49.8k | Unchanged |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 13.8k $49.7k | Unchanged |
| Salvus Wealth Management, LLC 0.03% of their portfolio | 13.2k $47.6k | Unchanged |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 12.8k $46.2k | New |
| Equitable Holdings, Inc. 0.00% of their portfolio | 12.4k $44.9k | New |
| Creative Planning 0.00% of their portfolio | 12.3k $44.5k | Reduced -5.1k |
| ProShare Advisors LLC 0.00% of their portfolio | 11.8k $42.7k | Reduced -1.3k |
| Sigma Planning Corp 0.00% of their portfolio | 11.7k $42.2k | Reduced -96 |
| Cetera Investment Advisers 0.00% of their portfolio | 11.4k $41.3k | New |
| ALGERT GLOBAL LLC 0.00% of their portfolio | 11.1k $40.1k | Reduced -17.7k |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 11.1k $40.0k | Added +4.7k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 10.3k $37.1k | New |
| WOLVERINE TRADING, LLC 0.00% of their portfolio | 10.1k $37.3k | Reduced -1.8k |
| REGATTA CAPITAL GROUP, LLC 0.01% of their portfolio | 10.1k $36.3k | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 8.6k $30.9k | Reduced -15.2k |
| FMR LLC 0.00% of their portfolio | 7.2k $26.0k | Added +2.9k |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 7.0k $25.2k | Unchanged |
| CWM, LLC 0.00% of their portfolio | 6.7k $24.0k | Added +1.8k |
| HARBOR INVESTMENT ADVISORY, LLC 0.00% of their portfolio | 6.2k $22.4k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 5.8k $21.1k | Added +2.1k |