% of shares outstanding not shown: this line files 20-F annual reports only — a foreign private issuer whose US listing trades as ADSs (depositary receipts), while its cover-page share count is in ORDINARY shares. The depositary ratio is not in our data. The count we hold for this line is 505,866,911 shares (as of 2025-12-31, source dei). Dividing one by the other is wrong by the whole ratio (a 5:1 ADR reads one fifth of the true percentage), so the percentage is withheld rather than served wrong. Holder share counts are shown as filed.
Crowding percentile lands with its cohort — the cohort is size-matched, so it needs a market cap for SGHC in the served universe — that lands with the next screener build.
| # | Holder | Shares | Value | % of shares out | Δ QoQ |
|---|---|---|---|---|---|
| 1 | Divisadero Street Capital Management, LP | 16,325,47116.3M | $176M | — | ADD 39% |
| 2 | Helikon Investments Ltd | 9,424,7029.4M | $102M | — | NEW |
| 3 | BlackRock, Inc. | 8,755,9148.8M | $95M | — | — |
| 4 | AMERICAN CENTURY COMPANIES INC | 5,216,7795.2M | $56M | — | TRIM -3% |
| 5 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 4,198,1834.2M | $45M | — | TRIM -10% |
| 6 | Invesco Ltd. | 2,826,5912.8M | $31M | — | TRIM -39% |
| 7 | Nuveen, LLC | 2,776,8112.8M | $30M | — | ADD 20% |
| 8 | STATE STREET CORP | 2,692,5392.7M | $29M | — | — |
| 9 | JANE STREET GROUP, LLC | 2,675,0522.7M | $29M | — | ADD 76% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 1,888,0841.9M | $20M | — | ADD 2% |
| 11 | LOOMIS SAYLES & CO L P | 1,867,5571.9M | $20M | — | NEW |
| 12 | VANGUARD PORTFOLIO MANAGEMENT LLC | 1,728,8341.7M | $19M | — | NEW |
| 13 | GROUP ONE TRADING LLC | 1,621,5321.6M | $18M | — | — |
| 14 | OBERWEIS ASSET MANAGEMENT INC/ | 1,514,4001.5M | $16M | — | ADD 19% |
| 15 | WELLINGTON MANAGEMENT GROUP LLP | 1,508,6811.5M | $16M | — | — |
| 16 | FINDELL CAPITAL MANAGEMENT LLC | 1,500,0001.5M | $16M | — | ADD 60% |
| 17 | ACADIAN ASSET MANAGEMENT LLC | 1,349,3901.3M | $15M | — | TRIM -58% |
| 18 | FMR LLC | 1,326,3191.3M | $14M | — | TRIM -6% |
| 19 | Buckley Capital Advisors, LLC | 1,293,2741.3M | $14M | — | ADD 35% |
| 20 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 1,228,0041.2M | $13M | — | TRIM -41% |
| 21 | GOLDMAN SACHS GROUP INC | 1,220,3511.2M | $13M | — | TRIM -36% |
| 22 | BANK OF AMERICA CORP /DE/ | 1,158,1021.2M | $13M | — | ADD 172% |
| 23 | ALGERT GLOBAL LLC | 1,132,7021.1M | $12M | — | ADD 19% |
| 24 | Anson Funds Management LP | 1,062,4281.1M | $11M | — | ADD 317% |
| 25 | Prospect Capital Advisors, LLC | 1,042,1001.0M | $11M | — | ADD 43% |
| 26 | UBS Group AG | 1,007,5071.0M | $11M | — | ADD 67% |
| 27 | Trexquant Investment LP | 986,998986,998 | $11M | — | TRIM -31% |
| 28 | MILLENNIUM MANAGEMENT LLC | 887,407887,407 | $10M | — | TRIM -40% |
| 29 | NORTHERN TRUST CORP | 877,002877,002 | $9M | — | ADD 4% |
| 30 | CITADEL ADVISORS LLC | 848,397848,397 | $9M | — | TRIM -42% |
| 31 | Walleye Trading LLC | 809,646809,646 | $9M | — | TRIM -10% |
| 32 | FEDERATED HERMES, INC. | 804,269804,269 | $9M | — | ADD 28% |
| 33 | MORGAN STANLEY | 708,076708,076 | $8M | — | TRIM -58% |
| 34 | PEAK6 LLC | 665,013665,013 | $7M | — | TRIM -53% |
| 35 | Hillsdale Investment Management Inc. | 644,930644,930 | $7M | — | — |
| 36 | VOYA INVESTMENT MANAGEMENT LLC | 622,472622,472 | $7M | — | ADD 61% |
| 37 | Susquehanna Portfolio Strategies, LLC | 614,321614,321 | $7M | — | ADD 80% |
| 38 | JPMORGAN CHASE & CO | 560,701560,701 | $6M | — | TRIM -30% |
| 39 | Squarepoint Ops LLC | 450,580450,580 | $5M | — | TRIM -51% |
| 40 | Engineers Gate Manager LP | 428,376428,376 | $5M | — | ADD 4% |
| 41 | SEI INVESTMENTS CO | 410,386410,386 | $4M | — | ADD 3% |
| 42 | Bank of New York Mellon Corp | 395,517395,517 | $4M | — | TRIM -3% |
| 43 | AYAL Capital Advisors Ltd | 372,000372,000 | $4M | — | — |
| 44 | Hood River Capital Management LLC | 360,000360,000 | $4M | — | NEW |
| 45 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 347,267347,267 | $4M | — | TRIM -12% |
| 46 | JACOBS LEVY EQUITY MANAGEMENT, INC | 324,580324,580 | $4M | — | TRIM -64% |
| 47 | Allianz Asset Management GmbH | 298,137298,137 | $3M | — | — |
| 48 | Russell Investments Group, Ltd. | 270,823270,823 | $3M | — | TRIM -58% |
| 49 | LOS ANGELES CAPITAL MANAGEMENT LLC | 263,755263,755 | $3M | — | ADD 471% |
| 50 | Ruffer LLP | 248,002248,002 | $3M | — | NEW |
| 51 | SEGALL BRYANT & HAMILL, LLC | 246,500246,500 | $3M | — | NEW |
| 52 | Legal & General Group Plc | 244,410244,410 | $3M | — | TRIM -2% |
| 53 | EXCHANGE TRADED CONCEPTS, LLC | 239,717239,717 | $3M | — | TRIM -9% |
| 54 | Magnetar Financial LLC | 224,112224,112 | $2M | — | ADD 1326% |
| 55 | Creative Planning | 218,962218,962 | $2M | — | ADD 60% |
| 56 | FRANKLIN RESOURCES INC | 216,733216,733 | $2M | — | ADD 4% |
| 57 | PRINCIPAL FINANCIAL GROUP INC | 213,872213,872 | $2M | — | ADD 34% |
| 58 | AQR CAPITAL MANAGEMENT LLC | 211,484211,484 | $2M | — | ADD 61% |
| 59 | RHUMBLINE ADVISERS | 203,278203,278 | $2M | — | TRIM -4% |
| 60 | One Capital Management, LLC | 190,459190,459 | $2M | — | ADD 27% |
| 61 | BOOTHBAY FUND MANAGEMENT, LLC | 188,686188,686 | $2M | — | ADD 31% |
| 62 | Blackstone Inc. | 188,286188,286 | $2M | — | TRIM -10% |
| 63 | ALLIANCEBERNSTEIN L.P. | 160,880160,880 | $2M | — | — |
| 64 | DARK FOREST CAPITAL MANAGEMENT LP | 168,283168,283 | $2M | — | ADD 123% |
| 65 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | 156,289156,289 | $2M | — | ADD 5% |
| 66 | Boston Partners | 151,458151,458 | $2M | — | ADD 4% |
| 67 | Sanctuary Advisors, LLC | 149,550149,550 | $2M | — | NEW |
| 68 | ADVISORY RESEARCH INC | 141,263141,263 | $2M | — | ADD 275% |
| 69 | VANGUARD FIDUCIARY TRUST CO | 138,483138,483 | $1M | — | NEW |
| 70 | Darwins River Capital, LP | 136,825136,825 | $1M | — | ADD 61% |
| 71 | ExodusPoint Capital Management, LP | 134,939134,939 | $1M | — | TRIM -65% |
| 72 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 122,975122,975 | $1M | — | TRIM -3% |
| 73 | State of New Jersey Common Pension Fund D | 120,557120,557 | $1M | — | ADD 34% |
| 74 | Allspring Global Investments Holdings, LLC | 115,335115,335 | $1M | — | ADD 12% |
| 75 | PRICE T ROWE ASSOCIATES INC /MD/ | 115,728115,728 | $1M | — | ADD 25% |
| 76 | Point Nemo Capital, LLC | 115,398115,398 | $1M | — | NEW |
| 77 | Fund 1 Investments, LLC | 115,000115,000 | $1M | — | NEW |
| 78 | Quantinno Capital Management LP | 111,764111,764 | $1M | — | ADD 579% |
| 79 | VANGUARD CAPITAL MANAGEMENT LLC | 109,159109,159 | $1M | — | NEW |
| 80 | Corient Private Wealth LLC | 108,390108,390 | $1M | — | NEW |
| 81 | Mariner, LLC | 97,09197,091 | $1M | — | ADD 4% |
| 82 | Convergence Financial, LLC | 95,16895,168 | $1M | — | ADD 99% |
| 83 | PDT Partners, LLC | 93,74993,749 | $1M | — | TRIM -68% |
| 84 | GLOBEFLEX CAPITAL L P | 92,50892,508 | $999,086 | — | TRIM -11% |
| 85 | MetLife Investment Management, LLC | 90,41390,413 | $976,460 | — | — |
| 86 | AMERIPRISE FINANCIAL INC | 89,62789,627 | $967,971 | — | — |
| 87 | Rathbones Group PLC | 89,25689,256 | $963,964 | — | — |
| 88 | Strategic Global Advisors, LLC | 84,19084,190 | $909,252 | — | TRIM -4% |
| 89 | State of Alaska, Department of Revenue | 78,60378,603 | $848,000 | — | — |
| 90 | Artemis Investment Management LLP | 76,38376,383 | $824,936 | — | NEW |
| 91 | Walleye Capital LLC | 74,77274,772 | $807,538 | — | TRIM -33% |
| 92 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 74,67074,670 | $806,436 | — | — |
| 93 | Man Group plc | 73,97473,974 | $798,919 | — | ADD 165% |
| 94 | GABELLI FUNDS LLC | 73,00073,000 | $788,400 | — | ADD 9% |
| 95 | STRS OHIO | 72,90072,900 | $787,320 | — | — |
| 96 | Schonfeld Strategic Advisors LLC | 70,86370,863 | $765,320 | — | ADD 4% |
| 97 | NEW YORK STATE COMMON RETIREMENT FUND | 66,33966,339 | $716,461 | — | TRIM -36% |
| 98 | Y-Intercept (Hong Kong) Ltd | 66,02066,020 | $713,016 | — | ADD 103% |
| 99 | WELLS FARGO & COMPANY/MN | 65,63565,635 | $708,858 | — | TRIM -62% |
| 100 | O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 63,73563,735 | $688,338 | — | ADD 16% |
Ranked by each filer’s own reported value, not shares.
1 holder — The filer reported no value for this line, so it carries no dollar figure and is left out of the percentage and value columns.
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| Helikon Investments Ltd | +9,424,702 | $102M | OPEN |
| Divisadero Street Capital Management, LP | +4,583,842 | $50M | ADD |
| LOOMIS SAYLES & CO L P | +1,867,557 | $20M | OPEN |
| VANGUARD PORTFOLIO MANAGEMENT LLC | +1,728,834 | $19M | OPEN |
| JANE STREET GROUP, LLC | +1,159,188 | $13M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| NORGES BANK | −1,990,838 | $22M | CLOSE |
| ACADIAN ASSET MANAGEMENT LLC | −1,897,585 | $20M | TRIM |
| Invesco Ltd. | −1,845,207 | $20M | TRIM |
| VANGUARD GROUP INC | −1,478,316 | $16M | CLOSE |
| Point72 Asset Management, L.P. | −1,323,928 | $14M | CLOSE |
Prior quarter split-rebased · 13Fs are long, US-listed only.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| Divisadero Street Capital Management, LP | — | — | 214K | 9.8M | 11.7M | 16.3M | $176M |
| Helikon Investments Ltd | 3.2M | — | — | — | — | 9.4M | $102M |
| BlackRock, Inc. | 8.5M | 8.5M | 8.8M | 8.7M | 8.8M | 8.8M | $95M |
| AMERICAN CENTURY COMPANIES INC | 4.4M | 4.8M | 5.2M | 5.4M | 5.4M | 5.2M | $56M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.3M | 1.0M | 2.2M | 4.4M | 4.6M | 4.2M | $45M |
| Invesco Ltd. | 1.5M | 1.5M | 1.2M | 1.1M | 4.7M | 2.8M | $31M |
| Nuveen, LLC | — | 716K | 2.2M | 2.5M | 2.3M | 2.8M | $30M |
| STATE STREET CORP | 2.6M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | $29M |
| JANE STREET GROUP, LLC | — | 236K | 192K | 1.5M | 1.5M | 2.7M | $29M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.7M | 1.8M | 1.9M | 1.9M | 1.8M | 1.9M | $20M |
| LOOMIS SAYLES & CO L P | — | — | — | — | — | 1.9M | $20M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | — | — | — | — | — | 1.7M | $19M |
| GROUP ONE TRADING LLC | 27K | — | 2K | 1.3M | 1.6M | 1.6M | $18M |
| OBERWEIS ASSET MANAGEMENT INC/ | — | — | — | — | 1.3M | 1.5M | $16M |
| WELLINGTON MANAGEMENT GROUP LLP | — | — | 1.4M | 1.5M | 1.5M | 1.5M | $16M |
Green = added, red = trimmed, grey = held; a dash is a quarter with no 13F on file — a gap, not an exit.
Holders only — breaks = no 13F.
Short interest has its own tab now — open SI →
SEC Form 13F · ~10,250 filers, 10y · long-only, US-listed, filed ≤45d after quarter-end.
“Item 4 of the Original Schedule 13D is hereby amended and supplemented by adding the following paragraph at the end thereof: The information included in Item 3 hereof is hereby incorporated by reference herein.”
“Item 4 of this Schedule 13D is supplemented and superseded, as the case may be, as follows: On August 7, 2026, Knutsson partially exercised the Call Option under the Option Agreement with respect to 15,000,000 Option Shares (the "August 2026 Exercise"). In accordance with the Option Agreement, the exercise price applicable to the August 2026 Exercise was $5.20 per Option Share. Knutsson has elected to settle the August 2026 Exercise through a net settlement alternative provided in the Option Agr”
| Holder | % of class | Type | As of | |
|---|---|---|---|---|
| Divisadero Street Capital Management, LP | 6.1% | QII | 2026-01-13 | SEC → |
SEC Schedule 13D/G XML · group aggregate.