SBC Medical Group Holdings Inc (SBC) shareholders
SBCNasdaqServices-Offices & Clinics of Doctors of MedicineFiscal year ends December 31Also trades as SBCWW
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 13, 2026Score 11/3014% below fair value
$7.35+2.01 (+37.64%)
Close on Nov 13, 2026Market cap $755.93MP/E 15.6Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
4M
Shares held, 13F filers
Institutional holders
57
13 new, 4 sold out
Net institutional buying
3M
In Q2 2026
Insider trades, 12 months
0 buys · 3 sales
Net sold $20.14M
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 |
|---|---|---|---|---|
| Yoshiyuki Aikawa | 84,304,460 | 82.20% | 13D (active) amendment | Apr 19, 2026 |
| Aikawa Equity Management Co., Ltd. | 5,284,500 | 5.20% | 13G (passive) | Mar 6, 2026 |
| Dustin Shindo Joint filing with Mehana Capital LLC (67.28%) | 3,509,375 | 67.28% | 13G (passive) | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of SBC | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Lumbard & Kellner, LLC | 1,727,208 | – | $5.32M | +1,709,935 | 1.61% |
| BlackRock, Inc. | 924,002 | – | $2.85M | +504,362 | 0.00% |
| Geode Capital Management, LLC | 427,864 | – | $1.32M | +132,085 | 0.00% |
| Citadel Advisors LLC | 144,718 | – | $445.73K | New | 0.00% |
| Vanguard Capital Management LLC | 135,783 | – | $418.21K | −456 | 0.00% |
| Northern Trust Corp | 131,204 | – | $404.11K | +40,065 | 0.00% |
| Vanguard Portfolio Management LLC | 128,295 | – | $395.15K | +64,748 | 0.00% |
| Hillsdale Investment Management Inc. | 124,800 | – | $384.38K | New | 0.01% |
| Segall Bryant & Hamill, LLC | 81,307 | – | $250.43K | – | 0.00% |
| Vanguard Fiduciary Trust Co | 66,281 | – | $204.15K | +3,808 | 0.00% |
| SBI Securities Co., Ltd. | 49,437 | – | $152.27K | +4,357 | 0.00% |
| State Street Corp | 49,239 | – | $151.66K | +18,400 | 0.00% |
| Charles Schwab Investment Management Inc | 46,855 | – | $144.31K | +28,654 | 0.00% |
| Mariner, LLC | 33,747 | – | $103.94K | +9,787 | 0.00% |
| Bank of New York Mellon Corp | 26,991 | – | $83.13K | +16,811 | 0.00% |
| Nuveen, LLC | 25,381 | – | $78.17K | +13,013 | 0.00% |
| Aqr Capital Management LLC | 24,098 | – | $74.22K | +11,524 | 0.00% |
| Central Pacific Bank - Trust Division | 24,000 | – | $73.92K | New | 0.01% |
| Two Sigma Securities, LLC | 21,487 | – | $66.18K | New | 0.01% |
| Deutsche Bank AG\ | 18,783 | – | $57.85K | New | 0.00% |
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 | 57 | 4M | 13 / 33 | 7 / 4 | 3M | 0M |
| Q1 2026 | 50 | 1M | 11 / 14 | 18 / 2 | 0M | 0M |
| Q4 2025 | 42 | 1M | 7 / 21 | 10 / 7 | 1M | 0M |
| Q3 2025 | 42 | 1M | 16 / 13 | 9 / 3 | 0M | 0M |
| Q2 2025 | 29 | 1M | 26 / 2 | 1 / 1 | 1M | 0M |
| Q1 2025 | 4 | 0M | 1 / 2 | 0 / 1 | 0M | 0M |
| Q4 2024 | 4 | 0M | 2 / 1 | 0 / 1 | 0M | 0M |
| Q3 2024 | 3 | 0M | 1 / 1 | 0 / 3 | 0M | 0M |
| Q2 2024 | 5 | 0M | 1 / 1 | 2 / 1 | 0M | 0M |
| Q1 2024 | 5 | 0M | 1 / 1 | 3 / 11 | 0M | 2M |
| Q4 2023 | 15 | 2M | 2 / 1 | 3 / 0 | 0M | 0M |
| Q3 2023 | 13 | 2M | 1 / 1 | 4 / 1 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
56 funds held SBC in Q2 2026, 66% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of SBC | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Russell 2000 ETF | 378,810 | – | $1.17M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 214,317 | – | $655.81K | 0.00% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 172,546 | – | $531.44K | 0.00% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 135,783 | – | $418.21K | 0.00% | Jun 30, 2026 |
| iShares Micro-Cap ETF | 64,451 | – | $198.51K | 0.01% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 62,502 | – | $200.63K | 0.00% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 57,565 | – | $184.78K | 0.00% | May 31, 2026 |
| Schwab Small-Cap Index Fund | 46,855 | – | $143.38K | 0.00% | Jul 31, 2026 |
| Master Small Cap Index Series | 38,158 | – | $117.53K | 0.00% | Jun 30, 2026 |
| Fidelity Nasdaq Composite Index Fund | 35,570 | – | $114.18K | 0.00% | May 31, 2026 |
| Fidelity Small Cap Value Index Fund | 27,643 | – | $85.14K | 0.00% | Jun 30, 2026 |
| Nuveen Small Cap Blend Index Fund | 25,381 | – | $77.67K | 0.00% | Jul 31, 2026 |
| Fidelity Total Market Index Fund | 18,778 | – | $60.28K | 0.00% | May 31, 2026 |
| Fidelity Series Total Market Index Fund | 17,435 | – | $55.97K | 0.00% | May 31, 2026 |
| EQ/2000 Managed Volatility Portfolio | 15,546 | – | $47.88K | 0.00% | Jun 30, 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 |
|---|---|---|---|
| Yoshiyuki Aikawa | Chairman and CEO, Director, 10% owner | 83,839,460 | Apr 29, 2026 |
| Miki Yamazaki | Chief Strategy Officer | – | Apr 18, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Yoshiyuki Aikawa Chairman and CEO, Director, 10% owner | Apr 28, 2026 | Sale | −465,000 | $3.02 | $1.40M | 78,839,460 |
| Yoshiyuki Aikawa Chairman and CEO, Director, 10% owner | Apr 21, 2026 | Sale | −3,100,000 | $3.02 | $9.36M | 79,304,460 |
| Yoshiyuki Aikawa Chairman and CEO, Director, 10% owner | Mar 6, 2026 | Sale | −4,422,900 | $2.12 | $9.38M | 861,600 |
| Mike K. Sayama Director | Sep 30, 2024 | Other | +15,000 | – | – | 15,000 |
| Funders Co. Ltd. ZUU 10% owner | Sep 19, 2024 | Sale | +6,196 | $7.34 | $45.48K | 2,920,995 |
| Funders Co. Ltd. ZUU 10% owner | Sep 17, 2024 | Other | +1,503,473 | – | – | 2,927,191 |
| Yoshiyuki Aikawa Director, Chairman and CEO, 10% owner | Sep 17, 2024 | Other | −1,503,473 | – | – | 92,958,960 |
| Target Fund for SBC Medical Group HD Investment Partnership ZUU 10% owner | Aug 22, 2024 | Buy | +8,399 | $10.51 | $88.27K | 1,423,718 |
| Target Fund for SBC Medical Group HD Investment Partnership ZUU 10% owner | Aug 21, 2024 | Sale | +4,755 | $11.38 | $54.11K | 1,415,319 |
| Kazumasa Tomita 10% owner | Aug 20, 2024 | Sale | +5,000 | $11.72 | $58.60K | 1,420,074 |
| Kazumasa Tomita 10% owner | Aug 19, 2024 | Sale | +70,000 | $11.45 | $801.50K | 1,425,074 |
| Funders Co. Ltd. ZUU 10% owner | Aug 1, 2024 | Buy | +1,599 | $13.00 | $20.79K | 1,495,074 |
| Funders Co. Ltd. ZUU 10% owner | Aug 1, 2024 | Buy | +888 | $12.50 | $11.10K | 1,493,475 |
| Funders Co. Ltd. ZUU 10% owner | Jul 31, 2024 | Buy | +12 | $12.50 | $150 | 1,492,587 |
| Kazumasa Tomita 10% owner | Jul 24, 2024 | Buy | +4,824 | $13.00 | $62.71K | 1,492,575 |
| Kazumasa Tomita 10% owner | Jul 24, 2024 | Buy | +10,685 | $13.00 | $138.91K | 1,487,751 |
| Co. Ltd. ZUU 10% owner | Jul 19, 2024 | Buy | +2 | $13.00 | $26 | 1,477,066 |
| Co. Ltd. ZUU 10% owner | Jul 17, 2024 | Buy | +5,404 | $13.00 | $70.25K | 1,477,064 |
| Kazumasa Tomita 10% owner | Jul 15, 2024 | Buy | +1,863 | $13.00 | $24.22K | 1,469,181 |
| Kazumasa Tomita 10% owner | Jul 15, 2024 | Buy | +2,479 | $13.00 | $32.23K | 1,471,660 |
| Kazumasa Tomita 10% owner | Jul 12, 2024 | Buy | +3 | $13.00 | $39 | 1,467,118 |
| Kazumasa Tomita 10% owner | Jul 12, 2024 | Buy | +200 | $13.00 | $2.60K | 1,467,318 |
| Co. Ltd. ZUU 10% owner | Jul 11, 2024 | Buy | +6,297 | $13.00 | $81.86K | 1,467,115 |
| Co. Ltd. ZUU 10% owner | Jul 10, 2024 | Buy | +12 | $13.00 | $156 | 1,460,818 |
| Co. Ltd. ZUU 10% owner | Jul 9, 2024 | Buy | +5 | $13.00 | $65 | 1,460,806 |
| Co. Ltd. ZUU 10% owner | Jul 2, 2024 | Buy | +30 | $13.00 | $390 | 1,460,801 |
| Kazumasa Tomita 10% owner | Jun 27, 2024 | Buy | +2 | $13.00 | $26 | 1,460,771 |
| Target Fund for SBC Medical Group HD Investment Partnership ZUU 10% owner | Jun 10, 2024 | Buy | +100 | $13.00 | $1.30K | 1,460,769 |
| Target Fund for SBC Medical Group HD Investment Partnership ZUU 10% owner | Jun 6, 2024 | Buy | +1,500 | $13.00 | $19.50K | 1,460,669 |
| Funders Co. Ltd. ZUU 10% owner | May 31, 2024 | Buy | +6 | $13.00 | $78 | 1,459,169 |
| Funders Co. Ltd. ZUU 10% owner | May 23, 2024 | Buy | +789 | $13.00 | $10.26K | 1,459,163 |
| Kazumasa Tomita 10% owner | May 16, 2024 | Buy | +1 | $13.00 | $13 | 1,458,374 |
| Target Fund for SBC Medical Group HD Investment Partnership ZUU 10% owner | May 15, 2024 | Buy | +8 | $13.00 | $104 | 1,458,373 |
| Target Fund for SBC Medical Group HD Investment Partnership ZUU 10% owner | May 14, 2024 | Buy | +138 | $13.00 | $1.79K | 1,458,363 |
| Target Fund for SBC Medical Group HD Investment Partnership ZUU 10% owner | May 14, 2024 | Buy | +2 | $12.65 | $25 | 1,458,365 |
| Target Fund for SBC Medical Group HD Investment Partnership ZUU 10% owner | May 13, 2024 | Buy | +190 | $13.00 | $2.47K | 1,458,225 |
| Funders Co. Ltd. ZUU 10% owner | May 10, 2024 | Buy | +1 | $13.00 | $13 | 1,458,035 |
| Funders Co. Ltd. ZUU 10% owner | May 10, 2024 | Buy | +311 | $13.00 | $4.04K | 1,458,034 |
| Funders Co. Ltd. ZUU 10% owner | May 8, 2024 | Buy | +1 | $13.00 | $13 | 1,457,723 |
| Kazumasa Tomita 10% owner | Apr 30, 2024 | Buy | +47 | $13.00 | $611 | 1,457,722 |
| Target Fund for SBC Medical Group HD Investment Partnership ZUU 10% owner | Apr 23, 2024 | Buy | +2,615 | $12.97 | $33.92K | 1,457,675 |
| Co. Ltd. ZUU 10% owner | Apr 11, 2024 | Buy | +4 | $12.80 | $51 | 1,455,060 |
| Co. Ltd. ZUU 10% owner | Apr 9, 2024 | Buy | +1 | $12.80 | $13 | 1,455,056 |
| Target Fund for SBC Medical Group HD Investment Partnership ZUU 10% owner | Apr 5, 2024 | Buy | +2 | $12.80 | $26 | 1,455,055 |
| Target Fund for SBC Medical Group HD Investment Partnership ZUU 10% owner | Apr 4, 2024 | Buy | +2 | $12.80 | $26 | 1,455,053 |
| Kazumasa Tomita 10% owner | Apr 2, 2024 | Buy | +4 | $12.80 | $51 | 1,455,051 |
| Kazumasa Tomita 10% owner | Apr 1, 2024 | Buy | +19,236 | $12.80 | $246.22K | 1,455,047 |
| Kazumasa Tomita 10% owner | Mar 28, 2024 | Buy | +1 | $12.50 | $13 | 1,435,811 |
| Kazumasa Tomita 10% owner | Mar 27, 2024 | Buy | +18 | $12.50 | $225 | 1,435,810 |
| Kazumasa Tomita 10% owner | Mar 26, 2024 | Buy | +46 | $12.50 | $575 | 1,435,792 |
| Kazumasa Tomita 10% owner | Mar 25, 2024 | Buy | +3 | $12.50 | $38 | 1,435,746 |
| Kazumasa Tomita 10% owner | Mar 22, 2024 | Buy | +917 | $12.50 | $11.46K | 1,435,743 |
| Target Fund for SBC Medical Group HD Investment Partnership ZUU 10% owner | Mar 21, 2024 | Buy | +1,734 | $12.50 | $21.68K | 1,434,826 |
| Target Fund for SBC Medical Group HD Investment Partnership ZUU 10% owner | Mar 20, 2024 | Buy | +1,552 | $12.50 | $19.40K | 1,433,092 |
| Target Fund for SBC Medical Group HD Investment Partnership ZUU 10% owner | Mar 19, 2024 | Buy | +31,106 | $12.50 | $388.83K | 1,431,111 |
| Target Fund for SBC Medical Group HD Investment Partnership ZUU 10% owner | Mar 19, 2024 | Buy | +429 | $12.50 | $5.36K | 1,431,540 |
| Kazumasa Tomita 10% owner | Mar 12, 2024 | Buy | +11 | $12.00 | $132 | 1,400,005 |
| Kazumasa Tomita 10% owner | Mar 11, 2024 | Buy | +22 | $12.00 | $264 | 1,399,994 |
| Kazumasa Tomita 10% owner | Mar 11, 2024 | Buy | +1,809 | $12.00 | $21.71K | 1,399,972 |
| Co. Ltd. ZUU 10% owner | Mar 8, 2024 | Buy | +22 | $12.00 | $264 | 1,398,163 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of shares outstanding
–
1M shares short
Days to cover
4.6
At 0M shares a day
Change since last report
+12.0%
From 1M shares
Short volume, 20 days
51.2%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of SBC Medical's stock actually held short. Settlement fails (shares not delivered on time) peaked at 105,172 shares on Aug 27, 2026 over the last 90 days.
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