SOBONYSEPipe Lines (No Natural Gas)Fiscal year ends December 31
South Bow Corp
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Mar 16, 2026
$34.20−0.49 (-1.41%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 16.5
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
62.0%
129M of 208M shares
Institutional holders
302
35 new, 29 sold out
Net institutional buying
-3M
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 |
|---|---|---|---|---|
| FMR LLC | 21,852,471 | 10.50% | 13G (passive) | Jun 30, 2026 |
| Goldman Sachs & Co. LLC | 12,001,818 | 5.80% | 13G (passive) | Jun 30, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of SOBO | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| FMR LLC | 21,894,771 | 10.51% | $771.30M | +12,223,172 | 0.03% |
| Royal Bank of Canada | 14,568,356 | 7.00% | $513.39M | −1,835,027 | 0.08% |
| Clearbridge Investments, LLC | 8,855,108 | 4.25% | $312.05M | +185,151 | 0.26% |
| Vanguard Capital Management LLC | 6,048,601 | 2.90% | $213.07M | +80,602 | 0.00% |
| Bank Of Montreal /Can/ | 5,554,724 | 2.67% | $195.48M | −1,038,025 | 0.06% |
| Price T Rowe Associates Inc /Md/ | 5,244,591 | 2.52% | $184.82K | +7,481 | 0.02% |
| Thornburg Investment Management Inc | 3,721,332 | 1.79% | $130.97M | +88,457 | 1.25% |
| Cibc World Market Inc. | 3,403,902 | 1.63% | $119.80M | −35,358 | 0.19% |
| Dimensional Fund Advisors LP | 3,043,017 | 1.46% | $107.24M | +128,403 | 0.02% |
| Connor, Clark & Lunn Investment Management Ltd. | 2,779,943 | 1.33% | $97.83M | −13,614 | 0.19% |
| Bank Of America Corp /De/ | 2,757,560 | 1.32% | $97.18M | +763,792 | 0.01% |
| Mackenzie Financial Corp | 2,535,573 | 1.22% | $126.68M | +2,039,298 | 0.13% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 2,157,673 | 1.04% | $76.04M | −76,732 | 0.09% |
| American Century Companies Inc | 2,132,078 | 1.02% | $75.11M | +1,222,336 | 0.03% |
| TD Waterhouse Canada Inc. | 1,946,786 | 0.93% | $67.11M | +16,097 | 0.18% |
| Vanguard Fiduciary Trust Co | 1,844,124 | 0.89% | $64.96M | +21,847 | 0.01% |
| Legal & General Group Plc | 1,784,790 | 0.86% | $62.85M | +23,605 | 0.01% |
| Goldman Sachs Group Inc | 1,781,923 | 0.86% | $62.79M | +372,004 | 0.01% |
| Scotia Capital Inc. | 1,753,475 | 0.84% | $61.66M | −35,383 | 0.23% |
| TD Asset Management Inc | 1,648,279 | 0.79% | $58.04M | −726,848 | 0.05% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 302 | 129M | 62.0% | 35 / 90 | 92 / 29 | 22M | 25M |
| Q1 2026 | 301 | 132M | 63.5% | 53 / 83 | 82 / 28 | 33M | 20M |
| Q4 2025 | 280 | 127M | 61.2% | 34 / 91 | 86 / 41 | 10M | 22M |
| Q3 2025 | 292 | 140M | 67.1% | 33 / 93 | 78 / 25 | 15M | 44M |
| Q2 2025 | 288 | 175M | 83.9% | 35 / 64 | 108 / 40 | 45M | 25M |
| Q1 2025 | 299 | 155M | 74.6% | 72 / 85 | 73 / 54 | 28M | 15M |
| Q4 2024 | 285 | 142M | 68.1% | 285 / 0 | 0 / 0 | 142M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of SOBO | Value | % of fund | As of |
|---|---|---|---|---|---|
| Fidelity Series Canada Fund | 5,354,006 | 2.57% | $141.62M | 1.94% | Jul 31, 2026 |
| Thornburg Investment Income Builder Fund | 3,421,560 | 1.64% | $84.98M | 0.54% | Jun 30, 2026 |
| Vanguard Total International Stock Index Fund | 3,088,022 | 1.48% | $160.52M | 0.02% | Jul 31, 2026 |
| Global X MLP and Energy Infrastructure ETF | 2,475,112 | 1.19% | $89.01M | 2.51% | May 31, 2026 |
| Vanguard Developed Markets Index Fund | 2,034,537 | 0.98% | $101.65M | 0.02% | Jun 30, 2026 |
| Avantis International Small Cap Value ETF | 1,325,457 | 0.64% | $34.59M | 0.24% | May 31, 2026 |
| T. Rowe Price Equity Income Fund | 1,319,000 | 0.63% | $32.76M | 0.26% | Jun 30, 2026 |
| Recurrent MLP & Energy Infrastructure Fund | 1,074,397 | 0.52% | $39.86M | 2.42% | Jul 31, 2026 |
| NYLI Cushing MLP Premier Fund | 860,000 | 0.41% | $30.93M | 2.59% | May 31, 2026 |
| American Funds Global Insight Fund | 852,796 | 0.41% | $22.56M | 0.15% | Jul 31, 2026 |
| Center Coast Brookfield Midstream Focus Fund | 833,871 | 0.40% | $29.39M | 2.62% | Jun 30, 2026 |
| Vanguard Ftse All-World Ex-US Small-Cap Index Fund | 791,319 | 0.38% | $41.13M | 0.22% | Jul 31, 2026 |
| iShares Global Infrastructure ETF | 751,991 | 0.36% | $18.68M | 0.25% | Jun 30, 2026 |
| International Core Equity 2 Portfolio | 692,414 | 0.33% | $25.69M | 0.06% | Jul 31, 2026 |
| T. Rowe Price Real Assets Fund, Inc. | 675,443 | 0.32% | $16.78M | 0.23% | Jun 30, 2026 |
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Wirzba Bevin Director, President and CEO | Mar 9, 2026 | 150,451 | $6.82M | Mar 9, 2026 | Stock Option Exercise |
| Prior Richard Senior Vice President & COO | Mar 9, 2026 | 91,891 | $91 | Mar 9, 2026 | Stock Option Exercise |
| Wirzba Bevin President and CEO | Mar 13, 2025 | 140,836 | $3.62M | Mar 13, 2025 | Stock Option Exercise |
| Prior Richard Senior Vice-President & COO | Dec 2, 2024 | 56,546 | $2.04M | Dec 2, 2024 | Stock Option Exercise |
| Wirzba Bevin President and CEO | Nov 25, 2024 | 321,899 | $11.42M | Nov 25, 2024 | Stock Option Exercise |