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$SLM
$19.61 -$0.01 (0.05%) Live

Ownership

13F as of Q2 2026 · 182.8M shares outstanding

Who owns SLM?

By type of holder
Institutions 100.0% Insiders 0.0% Everyone else 0.0%
Concentration Top 10 holders own 62.3%
BlackRock, Inc. 9.6% · FMR LLC 9.3%
Institutional ownership
100.0%
0 pts vs last qtr
Institutional holders
387
+18 vs last qtr
Net shares bought
+4.6M
by institutions in Q2 2026
New / sold out
68 / 50
positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026
  • Price T Rowe Associates Inc /MD/ +4.1M
  • Goldman Sachs Group Inc +3.2M

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Biggest sellers in Q2 2026
  • Impactive Capital LP −2.5M
  • DME Capital Management, LP SOLD OUT −2.1M

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Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for SLM Corp in the last 12 months.

Is your stake being diluted?

Diluted share count, FY2016–FY2025
−51.3%
−7.68% a year
Each share's claim on the business
+105.3%
grew without buying or selling a share
Spent on buybacks vs paid in stock
$3.94B vs $332M
over 10 fiscal years
Diluted shares, split-adjusted
204.6M324.3M444.1M2016: 432.9M shares'162017: 438.6M shares'172018: 439.7M shares'182019: 430.7M shares'192020: 387.2M shares'202021: 319.9M shares'212022: 261.5M shares'222023: 234.1M shares'232024: 219.9M shares'242025: 210.9M shares'25
Buybacks Stock-based comp
$0$765.3M$1.53B2016 buybacks: $02016 stock comp: $22.9M'162017 buybacks: $02017 stock comp: $28.0M'172018 buybacks: $02018 stock comp: $32.0M'182019 buybacks: $167.2M2019 stock comp: $31.0M'192020 buybacks: $558.2M2020 stock comp: $36.0M'202021 buybacks: $1.53B2021 stock comp: $31.0M'212022 buybacks: $713.2M2022 stock comp: $34.0M'222023 buybacks: $350.3M2023 stock comp: $36.0M'232024 buybacks: $248.0M2024 stock comp: $40.0M'242025 buybacks: $368.7M2025 stock comp: $41.0M'25

How patient are the owners?

Institutional shares by how long they've been held
5+ years71% 3–5 years4% 1–3 years18% Under 1 year7%
Quarterly turnover
12.1%
of institutional shares changed hands
Top 10 managers, median time held
5 years

Super Investors

Investment managers reporting SLM on Form 13F
B
BlackRock, Inc.
Shares
17.6M
% of company
9.61%
Change vs last qtr
−1.3M (−7.0%)
Held since
≤2021
F
FMR LLC
Shares
17.1M
% of company
9.33%
Change vs last qtr
−864.5K (−4.8%)
Held since
≤2021

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Institutional Funds

Mutual funds and ETFs reporting SLM on Form N-PORT; together they hold 60.3% of the company
IC
Position value
$167M
% of company
3.52%
% of the fund
0.13%
As of
June 30, 2026
VT
Position value
$148M
% of company
3.11%
% of the fund
0.01%
As of
June 30, 2026

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Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G
IC
Impactive Capital LLC
5%+ holder13D · 4.4%
Shares
9.2M
% of company
5.03%
Change vs last qtr
—
Held since
—
WL
Wolfe Lauren Taylor
5%+ holder13D · 4.4%
Shares
9.2M
% of company
5.03%
Change vs last qtr
—
Held since
—

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