Shinhan Financial Group Co., Ltd. (SHG) Ownership

NYSE: SHGTop holders, insider trades and short interest.

SHG ownership summary

as of October 18, 2026
Institutions
5.4%
of shares outstanding
Insiders
0.00%
of shares outstanding
Shares outstanding
470.9M
Float
447.1M
shares available to trade
Short interest
0.15%
705K shares short
Days to cover
4.27
short interest up 38.8% vs prior month
  • Institutions 5.44%
  • Other investors 94.56%

SHG top institutional holders

20 largest
Shinhan Financial Group Co., Ltd. top institutional holders
#Holder% of sharesSharesValueChangeReported
1BlackRock Inc0.73%3.4M$241.4M+983,371 (+40.1%)June 30, 2026
2Morgan Stanley - Brokerage Accounts0.47%2.2M$154.5M+321,484 (+17.1%)June 30, 2026
3London & Capital Asset Management Ltd0.42%2.0M$138.2M+142,869 (+7.8%)June 30, 2026
4Lazard Asset Management LLC0.36%1.7M$118.9M+25,607 (+1.5%)June 30, 2026
5American Century Companies Inc0.36%1.7M$118.3M+146,665 (+9.5%)June 30, 2026
6Dimensional Fund Advisors, Inc.0.30%1.4M$97.6M−35,203 (−2.5%)June 30, 2026
7Northern Trust Corp0.26%1.2M$86.8M−120,137 (−8.9%)June 30, 2026
8Bank of America Corp0.15%681K$47.9M+163,472 (+31.6%)June 30, 2026
9Pzena Investment Management, LLC0.14%669K$47.1M−21,177 (−3.1%)June 30, 2026
10Creative Planning Inc0.10%471K$33.1M+169,627 (+56.3%)June 30, 2026
11The Goldman Sachs Group Inc0.10%446K$31.4M+41,894 (+10.4%)June 30, 2026
12Arrowstreet Capital Limited Partnership0.09%417K$29.3M−73,353 (−15.0%)June 30, 2026
13Quantinno Capital Management LP0.08%375K$26.4M+202,137 (+116.7%)June 30, 2026
14Capital Wealth Planning, LLC0.07%335K$23.5M+58,536 (+21.2%)June 30, 2026
15Vanguard Capital Management, LLC0.07%306K$21.5M+2,417 (+0.8%)June 30, 2026
16Connor Clark & Lunn Inv Mgmt Ltd0.06%284K$20.0M+151,547 (+114.1%)June 30, 2026
17JPMorgan Chase & Co0.06%278K$19.6M+84,075 (+43.2%)June 30, 2026
18Ramirez Asset Management Inc0.06%278K$19.5M+35,865 (+14.8%)June 30, 2026
19O'Shaughnessy Asset Management LLC0.05%217K$15.3M+13,544 (+6.7%)June 30, 2026
20Wellington Management Company LLP0.05%215K$15.1M+4,872 (+2.3%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 16 holders added 2.5M shares and 4 cut 250K.

SHG top mutual fund and ETF holders

20 largest
Shinhan Financial Group Co., Ltd. top fund holders
#Holder% of sharesSharesValueChangeReported
1Avantis Emerging Markets Equity ETF0.34%1.6M$112.2M—September 30, 2026
2DFA Emerging Markets Value I0.20%920K$64.7M—August 31, 2026
3Amplify CWP International Enh Div IncETF0.08%373K$26.2M+813 (+0.2%)September 30, 2026
4Vanguard FTSE All-Wld ex-US ETF0.07%326K$22.9M—August 31, 2026
5Avantis Emerging Markets Value ETF0.04%186K$13.1M—September 30, 2026
6DFA Emerging Markets Core Equity 2 I0.03%136K$9.5M—August 31, 2026
7iShares Flexible Equity Active ETF0.02%106K$7.4M+176 (+0.2%)September 30, 2026
8NEF Ethical Global Trends I EUR Acc0.02%83K$5.8M−5 (−0.0%)December 31, 2025
9Sun Life Acadian International Eq I0.02%80K$5.6M—August 31, 2026
10Avantis® Emerging Markets Equity Instl0.01%65K$4.6M+18,558 (+40.1%)August 31, 2026
11ActivePassive International Equity ETF0.01%63K$4.5M—September 30, 2026
12Xtrackers S&P 500 Swap ETF 1C0.01%56K$3.9M+56,163 (0.0%)December 31, 2025
13Dimensional Emerging Core Equity Mkt ETF0.01%55K$3.9M—September 30, 2026
14Dimensional Emerging Mkts Val EUR Acc0.01%54K$3.8M−3,288 (−5.7%)August 31, 2026
15Dimensional Emerging Markets Cr Eq 2 ETF0.01%53K$3.8M—September 30, 2026
16Scotia Wealth Focus Intl Val Pl M0.01%53K$3.7M—August 31, 2026
17MFS Blended Research Intl Eq ETF0.01%51K$3.6M—September 30, 2026
18LUX IM - Global Emerging Equities HX0.01%50K$3.5M−29,800 (−37.2%)September 30, 2026
19Dimensional Emerging Markets Value ETF0.01%48K$3.3M—September 30, 2026
20Lazard Emerging Markets Opports ETF0.01%42K$3.0M—September 30, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

SHG shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns SHG

Institutional investors own 5.4% of Shinhan Financial's shares and insiders 0.00%. The largest holder is BlackRock Inc with 0.73% of the shares (3.4M), as of June 30, 2026. Among the top 20 institutions, 16 added shares and 4 reduced their stake in the latest filings. Short interest is 0.15% of the float, or 4.27 days of average trading volume. The share count rose 7.9% since 2014.

Related: SHG analyst forecast, SHG key metrics, SHG dividend history. See the SHG stock overview for the latest quote and news.

SHG ownership FAQ

Who owns the most Shinhan Financial stock?

The largest shareholders of Shinhan Financial are BlackRock Inc (0.73%), Morgan Stanley - Brokerage Accounts (0.47%), London & Capital Asset Management Ltd (0.42%), Lazard Asset Management LLC (0.36%), American Century Companies Inc (0.36%).

What percentage of Shinhan Financial is owned by institutions?

Institutions hold 5.4% of Shinhan Financial's shares outstanding; insiders hold 0.00%.

Which funds own Shinhan Financial?

The largest fund holders of Shinhan Financial are Avantis Emerging Markets Equity ETF (0.34%), DFA Emerging Markets Value I (0.20%), Amplify CWP International Enh Div IncETF (0.08%), Vanguard FTSE All-Wld ex-US ETF (0.07%), Avantis Emerging Markets Value ETF (0.04%).

What is Shinhan Financial's short interest?

705K shares of Shinhan Financial were sold short, 0.15% of the float; at the average daily volume it would take 4.27 days to cover.

How many shares of Shinhan Financial are outstanding?

Shinhan Financial has 470.9M shares outstanding, of which 447.1M are in the public float.

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