SB FINANCIAL GROUP, INC. - Common Stock (SBFG) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / Common Stock
Symbol
SBFG on Nasdaq
Shares outstanding
6,530,491
Price per share
$22.29
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
3,404,328
Total reported value
$65,676,348
% of total 13F portfolios
0%
Share change
-138,103
Value change
-$2,614,526
Number of holders
72
Price from insider filings
$22.29
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of SB FINANCIAL GROUP, INC. - Common Stock (SBFG) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Cutler Capital Management, LLC 6% $7,717,651 392,556 Cutler Capital Management, LLC 31 Dec 2024
VANGUARD GROUP INC 5.1% $6,723,504 341,989 The Vanguard Group 31 Dec 2024
State Bank & Trust Co 4.7% $5,982,263 304,286 The State Bank and Trust Company 31 Dec 2024
ALLIANCEBERNSTEIN L.P. 4.5% -36% $5,820,363 -$3,386,533 296,051 -37% AllianceBernstein L.P. 31 Mar 2025
FJ Capital Management LLC 4.1% -25% $5,026,108 -$2,000,300 265,791 -28% FJ Capital Management LLC 30 Jun 2025

As of 30 Sep 2025, 72 institutional investors reported holding 3,404,328 shares of SB FINANCIAL GROUP, INC. - Common Stock (SBFG). This represents 52% of the company’s total 6,530,491 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of SB FINANCIAL GROUP, INC. - Common Stock (SBFG) together control 49% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
MANUFACTURERS LIFE INSURANCE COMPANY, THE 7.3% 474,948 -0.34% 0.01% $9,161,747
Cutler Capital Management, LLC 6% 391,683 -0.08% 2.4% $7,555,558
VANGUARD GROUP INC 5.7% 373,203 -0.71% 0% $7,199,085
BlackRock, Inc. 5.5% 357,473 +22% 0% $6,895,655
STRATEGIC VALUE BANK PARTNERS LLC 4.3% 278,822 -21% 3.8% $5,378,476
DIMENSIONAL FUND ADVISORS LP 2.9% 187,165 +0.3% 0% $3,610,599
Petiole USA ltd 2.7% 176,087 0% 2.3% $3,396,718
Pinnacle Holdings, LLC 2.4% 156,909 0% 1.1% $3,026,783
GEODE CAPITAL MANAGEMENT, LLC 2.2% 144,654 -2.8% 0% $2,790,752
BRIDGEWAY CAPITAL MANAGEMENT, LLC 1.2% 81,511 +3.8% 0.03% $1,572,347
STATE STREET CORP 0.98% 63,763 +13% 0% $1,229,988
NORTHERN TRUST CORP 0.8% 52,176 -7.4% 0% $1,006,475
GENDELL JEFFREY L 0.71% 46,286 0% 0.02% $892,857
Empowered Funds, LLC 0.7% 46,021 +6.9% 0.01% $887,745
MARSHALL WACE, LLP 0.69% 44,745 +123% 0% $863,131
GOLDMAN SACHS GROUP INC 0.63% 41,199 +206% 0% $794,729
FIRST MANHATTAN CO. LLC. 0.55% 35,627 0% 0% $687,245
RENAISSANCE TECHNOLOGIES LLC 0.54% 35,525 +61% 0% $685,277
O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.53% 34,615 +38% 0% $667,723
BARCLAYS PLC 0.48% 31,595 +150% 0% $609,467
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.47% 31,001 +13% 0% $598,009
CITADEL ADVISORS LLC 0.45% 29,638 -12% 0% $571,717
Venture Visionary Partners LLC 0.37% 23,857 +0.22% 0.02% $460,215
Valmark Advisers, Inc. 0.35% 22,751 0.01% $438,867
MORGAN STANLEY 0.34% 22,353 +48% 0% $431,190

Institutional Holders of SB FINANCIAL GROUP, INC. - Common Stock (SBFG) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 3,806 $84,761 +$133 $22.29 3
2025 Q3 3,404,328 $65,676,348 -$2,614,526 $19.29 72
2025 Q2 3,541,415 $67,635,263 +$1,875,079 $19.10 61
2025 Q1 3,413,040 $71,060,015 -$1,702,920 $20.82 44
2024 Q4 3,494,660 $73,072,694 +$2,570,844 $20.91 43
2024 Q3 3,371,923 $69,313,819 +$289,162 $20.56 41
2024 Q2 3,361,042 $47,054,345 +$449,865 $14.00 40
2024 Q1 3,328,909 $45,870,658 -$421,912 $13.78 36
2023 Q4 3,354,291 $51,175,087 -$26,116 $15.24 38
2023 Q3 3,357,532 $45,525,836 -$398,865 $13.50 38
2023 Q2 3,414,969 $43,239,833 -$472,586 $12.63 38
2023 Q1 3,420,479 $48,329,042 -$917,585 $14.13 40
2022 Q4 3,485,700 $58,908,478 -$96,887 $16.95 38
2022 Q3 3,491,590 $58,822,850 -$271,061 $16.85 35
2022 Q2 3,465,277 $59,810,063 -$4,160 $17.26 33
2022 Q1 3,503,244 $69,746,516 +$117,488 $19.91 35
2021 Q4 3,507,005 $68,723,247 +$497,150 $19.65 37
2021 Q3 3,064,685 $55,683,996 -$101,993 $18.16 38
2021 Q2 3,070,592 $56,804,466 -$10,338,847 $18.50 42
2021 Q1 3,635,778 $66,390,616 +$1,362,408 $18.26 50
2020 Q4 3,559,512 $65,065,100 -$3,399,918 $18.28 46
2020 Q3 3,815,950 $51,466,999 -$985,046 $13.49 48
2020 Q2 3,886,338 $64,636,058 +$5,951,208 $16.62 51
2020 Q1 3,581,457 $39,859,038 +$636,207 $11.12 35
2019 Q4 3,509,500 $69,089,117 +$12,463,052 $19.69 34
2019 Q3 2,784,748 $46,517,909 -$4,322,812 $16.71 36
2019 Q2 3,047,845 $50,163,992 -$850,471 $16.46 35
2019 Q1 3,064,405 $55,217,983 +$198,863 $18.02 35
2018 Q4 3,053,978 $50,290,913 +$1,620,413 $16.45 36
2018 Q3 2,917,726 $59,375,970 +$862,130 $20.35 38
2018 Q2 2,874,785 $58,413,733 +$3,598,019 $20.32 37
2018 Q1 2,697,837 $49,617,962 +$31,010,832 $18.50 33
2017 Q4 1,007,408 $18,623,989 -$971,402 $18.49 24
2017 Q3 1,055,731 $18,116,833 +$411,382 $17.16 23
2017 Q2 1,031,803 $17,460,545 +$293,858 $16.89 23
2017 Q1 1,014,450 $16,984,216 +$594,145 $16.72 23
2016 Q4 980,665 $15,737,585 +$2,080,298 $16.05 22
2016 Q3 851,030 $10,710,772 +$18,515 $12.55 21
2016 Q2 851,531 $9,254,112 +$324,204 $10.87 21
2016 Q1 823,152 $8,487,017 +$1,063,971 $10.31 20
2015 Q4 715,264 $7,966,473 +$460,926 $11.14 18
2015 Q3 673,991 $6,921,404 -$299,857 $10.27 16
2015 Q2 702,802 $7,442,220 +$346,810 $10.59 17
2015 Q1 670,058 $7,069,558 +$208,485 $10.55 16
2014 Q4 650,337 $6,102,927 +$2,050,977 $9.39 16
2014 Q3 631,662 $5,708,174 +$419,365 $9.05 15
2014 Q2 585,243 $4,898,549 +$354,117 $8.37 15
2014 Q1 542,317 $4,557,155 -$195,295 $8.36 12