SLMNasdaqPersonal Credit InstitutionsFiscal year ends December 31Also trades as SLMBP
SLM Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 22, 2026
$21.57−0.24 (-1.10%)
Close on Oct 19, 2026
- Market cap
- $4.11B
- P/E (TTM)
- 6.0
- Dividend yield
- 2.41%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
210M
Shares held, 13F filers
Institutional holders
388
70 new, 46 sold out
Net institutional buying
5M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 19,920,050 | 8.80% | 13G (passive) amendment | Dec 31, 2023 |
| Abigail P. Johnson | 18,682,257 | 8.90% | 13G (passive) | Mar 31, 2025 |
| Brave Warrior Advisors, LLC | 12,771,928 | 6.29% | 13G (passive) amendment | Sep 30, 2025 |
| T. Rowe Price Associates, Inc. | 12,524,989 | 6.60% | 13G (passive) | Jun 30, 2026 |
| Impactive Capital LP | 11,532,399 | 5.40% | 13D (active) amendment | Jan 24, 2025 |
| Vanguard Portfolio Management | 10,913,361 | 5.50% | 13G (passive) | Mar 31, 2026 |
| Vanguard Capital Management | 10,093,938 | 5.09% | 13G (passive) | Mar 31, 2026 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | – | – | 13G (passive) amendment | Sep 30, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of SLM | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 17,562,699 | – | $455.58M | −1,318,111 | 0.01% |
| FMR LLC | 17,052,007 | – | $442.33M | −864,462 | 0.02% |
| Brave Warrior Advisors, LLC | 13,381,145 | – | $347.11M | −203,223 | 7.56% |
| Price T Rowe Associates Inc /Md/ | 12,522,958 | – | $324.85K | +4,086,231 | 0.03% |
| Vanguard Portfolio Management LLC | 9,621,467 | – | $249.58M | −1,205,662 | 0.01% |
| Vanguard Capital Management LLC | 8,198,835 | – | $212.68M | −364,988 | 0.00% |
| Dimensional Fund Advisors LP | 7,898,402 | – | $204.89M | +383,372 | 0.04% |
| Hotchkis & Wiley Capital Management LLC | 7,216,318 | – | $187.19M | +730,130 | 0.55% |
| American Century Companies Inc | 7,206,261 | – | $186.93M | +890,666 | 0.08% |
| Barrow Hanley Mewhinney & Strauss LLC | 6,520,274 | – | $169.14M | +1,289,315 | 0.51% |
| State Street Corp | 6,510,300 | – | $168.88M | +58,070 | 0.01% |
| Massachusetts Financial Services Co /Ma/ | 6,188,078 | – | $160.52M | −441,105 | 0.05% |
| Impactive Capital LP | 5,307,934 | – | $137.69M | −2,514,630 | 9.83% |
| Goldman Sachs Group Inc | 5,204,786 | – | $135.01M | +3,151,211 | 0.01% |
| Capital Research Global Investors | 4,676,774 | – | $121.32M | −631,967 | 0.02% |
| Azora Capital LP | 3,774,739 | – | $97.92M | +568,931 | 4.13% |
| Geode Capital Management, LLC | 3,681,214 | – | $95.51M | −414,977 | 0.01% |
| Morgan Stanley | 3,330,268 | – | $86.39M | +560,033 | 0.00% |
| First Trust Advisors LP | 3,270,506 | – | $84.84M | +965,563 | 0.05% |
| Allianz Asset Management GmbH | 3,031,284 | – | $78.46M | −87,852 | 0.07% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 388 | 210M | 70 / 122 | 137 / 46 | 27M | 22M |
| Q1 2026 | 371 | 205M | 73 / 139 | 120 / 68 | 51M | 35M |
| Q4 2025 | 373 | 213M | 52 / 94 | 167 / 67 | 23M | 31M |
| Q3 2025 | 394 | 222M | 45 / 129 | 153 / 72 | 21M | 19M |
| Q2 2025 | 425 | 220M | 73 / 158 | 135 / 44 | 25M | 23M |
| Q1 2025 | 397 | 218M | 84 / 113 | 134 / 28 | 42M | 44M |
| Q4 2024 | 345 | 219M | 68 / 104 | 121 / 38 | 32M | 20M |
| Q3 2024 | 319 | 208M | 51 / 95 | 119 / 28 | 31M | 18M |
| Q2 2024 | 297 | 214M | 34 / 93 | 117 / 49 | 12M | 30M |
| Q1 2024 | 314 | 233M | 52 / 93 | 117 / 41 | 30M | 22M |
| Q4 2023 | 306 | 224M | 56 / 93 | 116 / 40 | 24M | 17M |
| Q3 2023 | 293 | 218M | 40 / 87 | 122 / 34 | 19M | 21M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of SLM | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Mid-Cap ETF | 6,443,559 | – | $167.15M | 0.13% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 5,692,907 | – | $147.67M | 0.01% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 5,631,206 | – | $124.56M | 0.46% | May 31, 2026 |
| Bridge Builder Large Cap Value Fund | 4,698,223 | – | $121.87M | 0.42% | Jun 30, 2026 |
| SMALLCAP World Fund Inc | 4,553,469 | – | $118.12M | 0.12% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 4,110,733 | – | $106.63M | 0.06% | Jun 30, 2026 |
| MFS Mid Cap Value Fund | 3,952,266 | – | $102.52M | 0.59% | Jun 30, 2026 |
| T. Rowe Price Mid-Cap Value Fund, Inc. | 3,542,430 | – | $91.89M | 0.56% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 2,602,838 | – | $67.52M | 0.10% | Jun 30, 2026 |
| Strategic Advisers Fidelity U.S. Total Stock Fund | 2,491,825 | – | $55.12M | 0.02% | May 31, 2026 |
| First Trust SMID Cap Rising Dividend Achievers ETF | 2,382,045 | – | $61.79M | 0.54% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 2,162,819 | – | $56.10M | 0.06% | Jun 30, 2026 |
| PIMCO RAE US Small Fund | 1,933,217 | – | $50.15M | 1.32% | Jun 30, 2026 |
| T. Rowe Price New Horizons Fund, Inc. | 1,757,900 | – | $45.60M | 0.31% | Jun 30, 2026 |
| Fidelity Value Fund | 1,594,970 | – | $41.46M | 0.40% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Jonathan W. Witter | CEO, Director | 1,558,878 | Mar 4, 2026 |
| Steven Allen Turner | EVP, Chief Tech. & Enablement | 54,653 | Jun 18, 2026 |
| Nicolas Jafarieh | EVP -Legal, Govt, Comm Officer | 280,965 | May 5, 2026 |
| Peter M. Graham | EVP, CFO | 152,338 | Mar 4, 2026 |
| Kerri A. Palmer | EVP, Chief Operational Officer | 169,037 | Mar 4, 2026 |
| Munish Pahwa | EVP & Chief Risk Officer | 84,743 | Mar 4, 2026 |
| Donna F. Vieira | EVP & Chief Commercial Officer | 179,359 | Dec 3, 2025 |
| Christopher T. Leech | Director | 20,897 | Sep 18, 2026 |
| Henry F. Greig | Director | 17,954 | Sep 18, 2026 |
| Richard Scott Blackley | Director | 42,743 | Sep 18, 2026 |
| Mark L. Lavelle | Director | 86,839 | Sep 18, 2026 |
| Mary Carter Warren Franke | Director | 111,998 | Jun 18, 2026 |
| Janaki Akella | Director | 19,946 | Jun 18, 2026 |
| Kirsten O. Wolberg | Director | 81,690 | Jun 18, 2026 |
| James D. Matheson | Director | 111,837 | Jun 18, 2026 |
| Vivian C. Schneck-Last | Director | 98,945 | Jun 18, 2026 |
| Gary Millerchip | Director | 12,747 | Jun 18, 2026 |
| Ted Manvitz | Director | 76,041 | Jun 18, 2026 |
| Daniel Greenstein | Director | 12,747 | Jun 18, 2026 |
| Robert S. Strong | Director | 35,195 | May 6, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Henry F. Greig Director | Sep 16, 2026 | Award | +988 | – | – | 17,954 |
| Richard Scott Blackley Director | Sep 16, 2026 | Award | +1,087 | – | – | 42,743 |
| Mark L. Lavelle Director | Sep 16, 2026 | Award | +1,038 | – | – | 86,839 |
| Christopher T. Leech Director | Sep 16, 2026 | Award | +914 | – | – | 20,897 |
| Ted Manvitz Director | Jun 17, 2026 | Award | +1,062 | – | – | 76,041 |
| Henry F. Greig Director | Jun 17, 2026 | Award | +1,089 | – | – | 16,929 |
| Richard Scott Blackley Director | Jun 17, 2026 | Award | +1,198 | – | – | 41,619 |
| Janaki Akella Director | Jun 16, 2026 | Award | +7,349 | – | – | 19,946 |
| Daniel Greenstein Director | Jun 16, 2026 | Award | +7,349 | – | – | 12,747 |
| Gary Millerchip Director | Jun 16, 2026 | Award | +7,349 | – | – | 12,747 |
| Ted Manvitz Director | Jun 16, 2026 | Award | +7,349 | – | – | 74,979 |
| Kirsten O. Wolberg Director | Jun 16, 2026 | Award | +7,349 | – | – | 81,690 |
| Christopher T. Leech Director | Jun 16, 2026 | Award | +7,349 | – | – | 19,946 |
| Mary Carter Warren Franke Director | Jun 16, 2026 | Award | +7,349 | – | – | 104,998 |
| Henry F. Greig Director | Jun 16, 2026 | Award | +7,349 | – | – | 15,840 |
| Mark L. Lavelle Director | Jun 16, 2026 | Award | +7,349 | – | – | 85,764 |
| Vivian C. Schneck-Last Director | Jun 16, 2026 | Award | +7,349 | – | – | 98,945 |
| Richard Scott Blackley Director | Jun 16, 2026 | Award | +7,349 | – | – | 40,421 |
| James D. Matheson Director | Jun 16, 2026 | Award | +7,349 | – | – | 111,837 |
| Nicolas Jafarieh EVP -Legal, Govt, Comm Officer | May 1, 2026 | Gift | −4,390 | – | – | 280,965 |
| Nicolas Jafarieh EVP -Legal, Govt, Comm Officer | May 1, 2026 | Gift | −1,098 | – | – | 285,355 |
| Steven Allen Turner EVP, Chief Tech. & Enablement | Apr 1, 2026 | Award | +29,438 | – | – | 54,653 |
| Steven Allen Turner EVP, Chief Tech. & Enablement | Apr 1, 2026 | Award | +58,877 | – | – | 84,219 |
| Henry F. Greig Director | Mar 18, 2026 | Award | +1,274 | – | – | 8,459 |
| Ted Manvitz Director | Mar 18, 2026 | Award | +1,242 | – | – | 67,599 |
| Richard Scott Blackley Director | Mar 18, 2026 | Award | +1,402 | – | – | 33,040 |
| Richard Scott Blackley Director | Mar 12, 2026 | Gift | −11,702 | – | – | 31,604 |
| Kerri A. Palmer EVP, Chief Operational Officer | Mar 3, 2026 | Tax withholding | −3,596 | $19.19 | $69.01K | 169,037 |
| Jonathan W. Witter CEO, Director | Mar 3, 2026 | Tax withholding | −18,411 | $19.19 | $353.31K | 1,423,878 |
| Peter M. Graham EVP, CFO | Mar 3, 2026 | Tax withholding | −4,708 | $19.19 | $90.35K | 152,338 |
| Nicolas Jafarieh EVP -Legal, Govt, Comm Officer | Mar 3, 2026 | Tax withholding | −2,874 | $19.19 | $55.15K | 285,987 |
| Munish Pahwa EVP & Chief Risk Officer | Mar 3, 2026 | Tax withholding | −2,332 | $19.19 | $44.75K | 84,743 |
| Kerri A. Palmer EVP, Chief Operational Officer | Mar 2, 2026 | Award | +43,512 | – | – | 172,633 |
| Jonathan W. Witter CEO, Director | Mar 2, 2026 | Award | +165,147 | – | – | 1,442,289 |
| Peter M. Graham EVP, CFO | Mar 2, 2026 | Award | +49,314 | – | – | 157,046 |
| Steven Allen Turner EVP, Chief Tech. & Enablement | Mar 2, 2026 | Award | +25,052 | – | – | 25,052 |
| Nicolas Jafarieh EVP -Legal, Govt, Comm Officer | Mar 2, 2026 | Award | +51,424 | – | – | 288,861 |
| Munish Pahwa EVP & Chief Risk Officer | Mar 2, 2026 | Award | +23,074 | – | – | 87,075 |
| Nicolas Jafarieh EVP -Legal, Govt, Comm Officer | Feb 24, 2026 | Tax withholding | −27,792 | $19.84 | $551.39K | 237,437 |
| Nicolas Jafarieh EVP -Legal, Govt, Comm Officer | Feb 24, 2026 | Award | +58,880 | – | – | 265,229 |
| Kerri A. Palmer EVP, Chief Operational Officer | Feb 24, 2026 | Award | +49,637 | – | – | 151,508 |
| Kerri A. Palmer EVP, Chief Operational Officer | Feb 24, 2026 | Tax withholding | −22,387 | $19.84 | $444.16K | 129,121 |
| Jonathan W. Witter CEO, Director | Feb 24, 2026 | Tax withholding | −169,433 | $19.84 | $3.36M | 1,277,142 |
| Jonathan W. Witter CEO, Director | Feb 24, 2026 | Award | +338,188 | – | – | 1,446,575 |
| Kerri A. Palmer EVP, Chief Operational Officer | Feb 17, 2026 | Tax withholding | −3,131 | $23.90 | $74.83K | 101,871 |
| Kerri A. Palmer EVP, Chief Operational Officer | Feb 17, 2026 | Tax withholding | −12,221 | $23.90 | $292.08K | 105,002 |
| Nicolas Jafarieh EVP -Legal, Govt, Comm Officer | Feb 17, 2026 | Tax withholding | −3,973 | $23.90 | $94.95K | 206,349 |
| Jonathan W. Witter CEO, Director | Feb 17, 2026 | Tax withholding | −35,504 | $23.90 | $848.55K | 1,108,387 |
| Munish Pahwa EVP & Chief Risk Officer | Feb 17, 2026 | Tax withholding | −3,220 | $23.90 | $76.96K | 66,050 |
| Munish Pahwa EVP & Chief Risk Officer | Feb 17, 2026 | Tax withholding | −2,049 | $23.90 | $48.97K | 64,001 |
| Kerri A. Palmer EVP, Chief Operational Officer | Feb 16, 2026 | Tax withholding | −2,849 | $24.04 | $68.49K | 117,223 |
| Peter M. Graham EVP, CFO | Feb 16, 2026 | Tax withholding | −3,614 | $24.04 | $86.88K | 107,732 |
| Nicolas Jafarieh EVP -Legal, Govt, Comm Officer | Feb 16, 2026 | Tax withholding | −2,903 | $24.04 | $69.79K | 210,322 |
| Jonathan W. Witter CEO, Director | Feb 16, 2026 | Tax withholding | −18,829 | $24.04 | $452.65K | 1,143,891 |
| Munish Pahwa EVP & Chief Risk Officer | Feb 16, 2026 | Tax withholding | −2,167 | $24.04 | $52.09K | 69,270 |
| Richard Scott Blackley Director | Dec 17, 2025 | Award | +1,023 | – | – | 43,307 |
| Ted Manvitz Director | Dec 17, 2025 | Award | +906 | – | – | 65,998 |
| Henry F. Greig Director | Dec 17, 2025 | Award | +930 | – | – | 7,151 |
| Donna F. Vieira EVP & Chief Commercial Officer | Dec 1, 2025 | Tax withholding | −508 | $29.76 | $15.12K | 179,359 |
| Peter M. Graham EVP, CFO & Treasurer | Oct 30, 2025 | Tax withholding | −10,105 | $26.61 | $268.89K | 110,974 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Kerri A. Palmer Officer | Jul 29, 2025 | 55,000 | $1.77M | Jul 29, 2025 | Stock Plan Activity |
| Robert S. Strong Former BOD | Jul 29, 2025 | 7,200 | $232.60K | Jul 29, 2025 | Stock Plan Activity |
| Munish Pahwa Officer | May 28, 2025 | 10,000 | $340.52K | May 28, 2025 | Stock Plan Activity |
| Robert S. Strong Director | May 2, 2025 | 3,000 | $93.37K | May 2, 2025 | Stock Plan Activity |
| Kerri A. Palmer Officer | Feb 21, 2025 | 25,000 | $796.75K | Feb 21, 2025 | Stock Plan Activity |
| Donna F. Vieira Officer | Feb 19, 2025 | 13,717 | $445.61K | Feb 19, 2025 | Stock Plan Activity |
| Robert S. Strong Director | Feb 12, 2025 | 5,000 | $147.26K | Feb 12, 2025 | Stock Plan Activity |
| Robert S. Strong Director | Jan 28, 2025 | 40,000 | $1.14M | Jan 28, 2025 | Stock Plan Activity |
| Robert S. Strong Director | Dec 2, 2024 | 4,500 | $122.49K | Dec 2, 2024 | Stock Plan Activity |
| Robert S. Strong Director | Nov 1, 2024 | 4,500 | $99.37K | Nov 1, 2024 | Stock Plan Activity |
| Robert S. Strong Director | Oct 1, 2024 | 4,500 | $102.09K | Oct 1, 2024 | Stock Plan Activity |
| Robert S. Strong Director | Sep 3, 2024 | 4,500 | $97.97K | Sep 3, 2024 | Stock Plan Activity |
| Robert S. Strong Director | Aug 1, 2024 | 4,500 | $102.01K | Aug 1, 2024 | Stock Plan Activity |
| Robert S. Strong Director | Jul 1, 2024 | 4,500 | $93.56K | Jul 1, 2024 | Stock Plan Activity |
| Robert S. Strong Director | Jun 3, 2024 | 4,500 | $96.34K | Jun 3, 2024 | Stock Plan Activity |