Which funds own SARO
Standardaero Inc in the Q2 2026 filings. At least 3 of the 91 current managers on file reported a position, worth $1.7bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went the other way: 5 managers trimmed or sold out against 2 buying.
- Managers holding
- 3
- at least, of 91 current
- Combined value
- $1.7bn
- as reported
- Opened
- 0
- new this quarter
- Added to
- 2
- already held
- Trimmed or sold out
- 5
- 4 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| T. Rowe Price Associates Inc Long-only · $999bn book | $1.4bn | 0.1% | 45,316,694 | +$347m+6,270,976 | Added |
| Janus Henderson Group Ltd Long-only · $245bn book | $367m | 0.1% | 12,265,391 | +$56m+225,054 | Added |
| Soros Fund Management LLC Macro · $8.1bn book | $16m | 0.2% | 526,440 | -$2.3m-173,560 | Trimmed |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Element Capital Management LLC · Macro$4.8m held before
- Schonfeld Strategic Advisors LLC · Multi-strategy$4.4m held before
- Quantbot Technologies LP · Quantitative$2.8m held before
- First Eagle Investment Management LLC · Activist$700k held before
Ownership through time
At least 9 of the 95 managers whose filings are on file listed SARO in Q2 2026, against 14 in Q4 2024. 8 managers fewer than in Q1 2026: 1 listed it again; 2 sold out, by their own filings; 7 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q4 2024: 14
- Q1 2025: 14
- Q2 2025: 20
- Q3 2025: 13
- Q4 2025: 12
- Q1 2026: 17
- Q2 2026: 9
- Q4 2024: $795m
- Q1 2025: $973m
- Q2 2025: $1.6bn
- Q3 2025: $1.3bn
- Q4 2025: $1.3bn
- Q1 2026: $1.7bn
- Q2 2026: $1.9bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
No manager on file started a position.
Largest increases, by shares
- T. Rowe Price Associates Inc39,045,718 to 45,316,694 shares+$188m
- Janus Henderson Group Ltd12,040,337 to 12,265,391 shares+$6.7m
- Holocene Advisors LP272,002 to 333,416 shares+$1.8m
- Winton Group Ltd95,608 to 113,814 shares+$545k
Largest decreases, by shares
- Wellington Management Group LLP8,170,466 to 4,210,240 shares-$118m
- Woodline Partners LP721,436 to 481,436 shares-$7.2m
- Soros Fund Management LLC700,000 to 526,440 shares-$5.2m
Left it
- Element Capital Management LLCwas $4.8m
- First Eagle Investment Management LLCwas $721k
What SARO is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around SARO →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
One email a week on what moved in the market and what it means for the people interviewing into it, with the 13F changes the quarter they are filed.
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