Shoals Technologies Group, Inc. - Class A Stock (SHLS) Institutional Ownership

13F Institutional Holders and Ownership History from Q4 2020 to Q4 2025

Type / Class
Equity / Class A Stock
Symbol
SHLS on Nasdaq
Shares outstanding
167,215,240
Price per share
$8.50
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
179,941,039
Total reported value
$1,334,232,606
% of total 13F portfolios
0%
Share change
-5,419,535
Value change
-$23,509,709
Number of holders
233
Price from insider filings
$8.50
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Shoals Technologies Group, Inc. - Class A Stock (SHLS) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
BlackRock, Inc. 9.6% -49% $60,488,415 -$59,629,192 15,960,004 -50% BlackRock, Inc. 31 Jan 2025
VANGUARD GROUP INC 8.2% -21% $52,123,017 -$12,926,962 13,752,775 -20% The Vanguard Group 31 Mar 2025
Encompass Capital Advisors LLC 7.9% +48% $76,322,600 +$23,236,317 13,204,602 +44% Encompass Capital Advisors LLC 30 Jun 2025
BlackRock Portfolio Management LLC 7.5% -21% $92,929,870 -$25,944,722 12,541,143 -22% BlackRock Portfolio Management LLC 30 Sep 2025
WELLINGTON MANAGEMENT GROUP LLP 3% -74% $37,510,900 -$91,449,977 5,062,268 -71% Wellington Management Group LLP 30 Sep 2025
Clearbridge Investments, LLC 1.3% $8,427,349 2,223,575 Clearbridge Investments, LLC 30 Sep 2024

As of 30 Sep 2025, 233 institutional investors reported holding 179,941,039 shares of Shoals Technologies Group, Inc. - Class A Stock (SHLS). This represents 108% of the company’s total 167,215,240 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Shoals Technologies Group, Inc. - Class A Stock (SHLS) together control 84% 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
BlackRock, Inc. 17% 27,705,220 -11% 0% $205,295,679
VANGUARD GROUP INC 7.9% 13,190,006 +2.3% 0% $97,737,944
Encompass Capital Advisors LLC 7.1% 11,863,507 -10% 4% $87,908,587
PECONIC PARTNERS LLC 4.2% 7,054,803 +1.1% 1.4% $52,276,090
STATE STREET CORP 3.5% 5,789,219 -0.22% 0% $42,898,113
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 3.5% 5,787,937 -26% 0.11% $42,888,000
Invesco Ltd. 3.3% 5,553,821 +13% 0.01% $41,153,814
Pictet Asset Management Holding SA 3.1% 5,243,475 -1.3% 0.04% $38,854,150
PRICE T ROWE ASSOCIATES INC /MD/ 3% 5,068,269 +3828% 0% $37,557,000
T. Rowe Price Investment Management, Inc. 2.8% 4,761,501 +1.8% 0.02% $35,283,000
Erste Asset Management GmbH 2.7% 4,516,372 +44% 0.33% $33,872,790
WELLINGTON MANAGEMENT GROUP LLP 2.5% 4,234,868 -76% 0.01% $31,380,372
CITADEL ADVISORS LLC 2.5% 4,214,857 +76% 0.03% $31,232,091
GEODE CAPITAL MANAGEMENT, LLC 2.5% 4,194,155 -0.46% 0% $31,082,662
SCHRODER INVESTMENT MANAGEMENT GROUP 2% 3,407,848 +83% 0.02% $25,252,154
UBS Group AG 2% 3,272,584 +84% 0% $24,249,847
AMERICAN CENTURY COMPANIES INC 1.9% 3,244,717 +18% 0.01% $24,043,353
Yaupon Capital Management LP 1.9% 3,219,416 +280% 1.2% $23,855,873
Redwood Grove Capital, LLC 1.7% 2,886,422 -12% 6.1% $21,388,387
Handelsbanken Fonder AB 1.7% 2,851,142 +26% 0.07% $21,127,000
DIMENSIONAL FUND ADVISORS LP 1.5% 2,530,453 +35% 0% $18,752,103
RENAISSANCE TECHNOLOGIES LLC 1.4% 2,402,500 +23% 0.02% $17,802,525
GOLDMAN SACHS GROUP INC 1.4% 2,317,389 -26% 0% $17,171,852
AMERIPRISE FINANCIAL INC 1.4% 2,298,238 +36% 0% $17,029,944
Amundi 1.3% 2,099,053 +858% 0.01% $15,830,437

Institutional Holders of Shoals Technologies Group, Inc. - Class A Stock (SHLS) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 1,447,019 $12,254,528 +$7,838,616 $8.50 11
2025 Q3 179,941,039 $1,334,232,606 -$23,509,709 $7.41 233
2025 Q2 185,109,176 $788,834,294 +$76,308,872 $4.25 216
2025 Q1 171,144,184 $567,588,029 -$45,056,598 $3.32 212
2024 Q4 170,932,299 $946,289,862 +$4,796,373 $5.53 221
2024 Q3 166,781,197 $934,639,114 -$190,796,665 $5.61 233
2024 Q2 194,421,394 $1,213,589,559 -$119,285,799 $6.24 243
2024 Q1 198,164,857 $2,217,564,549 +$596,074 $11.18 270
2023 Q4 195,982,380 $3,045,657,288 +$93,127,222 $15.54 286
2023 Q3 187,064,623 $3,415,067,353 +$84,979,171 $18.25 294
2023 Q2 180,510,952 $4,596,135,436 +$166,693,407 $25.56 281
2023 Q1 173,252,286 $3,946,799,088 +$650,806,639 $22.79 283
2022 Q4 145,024,099 $3,577,817,552 +$822,508,748 $24.67 273
2022 Q3 111,888,243 $2,410,988,160 -$316,384,948 $21.55 215
2022 Q2 117,547,719 $1,933,615,507 +$128,221,560 $16.48 195
2022 Q1 111,061,200 $1,894,666,615 -$44,337,573 $17.04 189
2021 Q4 112,979,715 $2,745,751,701 +$6,513,362 $24.30 163
2021 Q3 110,597,268 $3,085,470,234 +$28,411,966 $27.88 163
2021 Q2 107,737,863 $3,821,966,441 +$680,650,167 $35.50 154
2021 Q1 88,555,499 $3,079,971,292 +$3,079,944,280 $34.78 144
2020 Q4 584 $20,000 +$20,000 $34.25 1