- Quarter end
- 30 Sep 2025
- the date the book describes
- Filed
- 14 Nov 2025
- latest of these filings; the earliest 29 Oct 2025
- Managers listing it
- 11
- at least, of 95 tracked, among listed positions
- Comparable managers
- 95
- filed both Q2 2025 and Q3 2025; 5 listed it in both
- Shares listed
- 37,752,730
- combined, among listed positions
- Reported value
- $1.0bn
- combined, at the quarter end
Among the 95 comparable managers: 9 buyers (opened or added shares) and 1 seller (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.
Managers listing SLM in Q3 2025
11 of 11 holders
| Action | Filing | |||||
|---|---|---|---|---|---|---|
| Fidelity (FMR LLC) | 18,838,985 | $521m | under 0.1% | Added | +294,967 | 13 Nov 2025 (the filing on sec.gov) |
| Capital Research Global Investors | 10,160,825 | $281m | 0.05% | Added | +1,849,886 | 13 Nov 2025 (the filing on sec.gov) |
| MFS Investment Management | 6,142,047 | $170m | 0.05% | Trimmed | -84,258 | 29 Oct 2025 (the filing on sec.gov) |
| Walleye Capital LLC | 1,066,772 | $30m | 0.11% | Added | +323,307 | 14 Nov 2025 (the filing on sec.gov) |
| Scion Asset Management LLC | 480,054 | $13m | 0.96% | New | new | 3 Nov 2025 (the filing on sec.gov) |
| Two Sigma Advisers LP | 425,100 | $12m | under 0.1% | Added | n.a. | 14 Nov 2025 (the filing on sec.gov) |
| Quantbot Technologies LP | 257,471 | $7.1m | 0.19% | New | new | 12 Nov 2025 (the filing on sec.gov) |
| Discovery Capital Management LLC | 179,100 | $5.0m | 0.27% | Held | 0 | 14 Nov 2025 (the filing on sec.gov) |
| Brevan Howard Capital Management LP | 100,263 | $2.8m | under 0.1% | Added | n.a. | 14 Nov 2025 (the filing on sec.gov) |
| Winton Group Ltd | 53,496 | $1.5m | 0.06% | Added | n.a. | 13 Nov 2025 (the filing on sec.gov) |
| Freestone Grove Partners LP | 48,617 | $1.3m | under 0.1% | New | new | 14 Nov 2025 (the filing on sec.gov) |
Largest increases and reductions, by shares
Increases
- Capital Research Global Investorsexisting position · 10,160,825 shares now+1,849,886
- Scion Asset Management LLCnew position · 480,054 shares now+480,054
- Walleye Capital LLCexisting position · 1,066,772 shares now+323,307
- Fidelity (FMR LLC)existing position · 18,838,985 shares now+294,967
- Quantbot Technologies LPnew position · 257,471 shares now+257,471
Reductions
- MFS Investment Managementexisting position · 6,142,047 shares now-84,258
New positions and exits
New (3)
Exited (0)
No exit shown by a manager’s own filing.
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q2 2013 | 8 | $1.2bn | n.a. | n.a. |
| Q3 2013 | 12 | $1.1bn | n.a. | n.a. |
| Q4 2013 | 12 | $1.2bn | n.a. | n.a. |
| Q1 2014 | 10 | $915m | n.a. | n.a. |
| Q2 2014 | 9 | $450m | n.a. | n.a. |
| Q3 2014 | 8 | $450m | n.a. | n.a. |
| Q4 2014 | 7 | $720m | n.a. | n.a. |
| Q1 2015 | 5 | $320m | n.a. | n.a. |
| Q2 2015 | 7 | $214m | n.a. | n.a. |
| Q3 2015 | 7 | $155m | n.a. | n.a. |
| Q4 2015 | 4 | $174m | n.a. | n.a. |
| Q1 2016 | 2 | $98m | n.a. | n.a. |
| Q2 2016 | 2 | $9.3m | n.a. | n.a. |
| Q3 2016 | 2 | $7.8m | n.a. | n.a. |
| Q4 2016 | 6 | $595m | n.a. | n.a. |
| Q1 2017 | 9 | $892m | n.a. | n.a. |
| Q2 2017 | 12 | $700m | n.a. | n.a. |
| Q3 2017 | 12 | $876m | n.a. | n.a. |
| Q4 2017 | 12 | $864m | n.a. | n.a. |
| Q1 2018 | 9 | $736m | n.a. | n.a. |
| Q2 2018 | 7 | $1.3bn | n.a. | n.a. |
| Q3 2018 | 8 | $1.4bn | n.a. | n.a. |
| Q4 2018 | 8 | $852m | n.a. | n.a. |
| Q1 2019 | 6 | $803m | n.a. | n.a. |
| Q2 2019 | 7 | $754m | n.a. | n.a. |
| Q3 2019 | 6 | $730m | n.a. | n.a. |
| Q4 2019 | 10 | $630m | n.a. | n.a. |
| Q1 2020 | 8 | $585m | n.a. | n.a. |
| Q2 2020 | 8 | $315m | n.a. | n.a. |
| Q3 2020 | 6 | $417m | n.a. | n.a. |
| Q4 2020 | 5 | $645m | n.a. | n.a. |
| Q1 2021 | 8 | $849m | n.a. | n.a. |
| Q2 2021 | 14 | $1.1bn | n.a. | n.a. |
| Q3 2021 | 13 | $913m | n.a. | n.a. |
| Q4 2021 | 9 | $885m | n.a. | n.a. |
| Q1 2022 | 7 | $739m | n.a. | n.a. |
| Q2 2022 | 5 | $575m | n.a. | n.a. |
| Q3 2022 | 8 | $375m | n.a. | n.a. |
| Q4 2022 | 7 | $371m | n.a. | n.a. |
| Q1 2023 | 6 | $235m | n.a. | n.a. |
| Q2 2023 | 5 | $308m | n.a. | n.a. |
| Q3 2023 | 7 | $253m | n.a. | n.a. |
| Q4 2023 | 7 | $345m | 5 | 3 |
| Q1 2024 | 8 | $424m | 5 | 2 |
| Q2 2024 | 7 | $292m | 3 | 5 |
| Q3 2024 | 8 | $371m | 5 | 3 |
| Q4 2024 | 10 | $556m | 7 | 3 |
| Q1 2025 | 12 | $1.1bn | 8 | 3 |
| Q2 2025 | 7 | $1.1bn | 3 | 4 |
| Q3 2025 | 11 | $1.0bn | 9 | 1 |
| Q4 2025 | 5 | $690m | 14 | 19 |
| Q1 2026 | 7 | $506m | 18 | 17 |
| Q2 2026 | 8 | $684m | 13 | 20 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
SLM and V →SLM and AXP →SLM and BAC →Choose a stock to compare with SLM →
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.
Which funds own SLM, latest filings →Back to the 13F Explorer →