Shoals Technologies Group, Inc.
MX ˙ BMV ˙ US82489W1071
SecurityMX:SHLS / Shoals Technologies Group, Inc.
InstitutionNorthern Trust Corp
Latest Disclosed Ownership2,566,445 shares
Latest Disclosed Value $ 16,887,209
Northern Trust Corp reports 40.11% increase in ownership of SHLS / Shoals Technologies Group, Inc.

On May 14, 2026 - Northern Trust Corp filed a 13F-HR form disclosing ownership of 2,566,445 shares of Shoals Technologies Group, Inc. (MX:SHLS) valued at $16,887,209 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 1,831,708 shares of Shoals Technologies Group, Inc.. This represents a change in shares of 40.11% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date
Effective
Date
Form Security Class ID Avg Price
Paid (Est)
Reported
Shares
ΔShares ΔShares
(%)
Reported
Value
(x1000)
ΔValue
(%)
Alloc
(%)
ΔAlloc ΔAlloc (%) Cost Basis
(x1000)
Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F SHOALS TECHNOLOGIES GROUP IN CL A 82489W107 2,566,445 734,737 40.11 16,887 8.47 0.0005
2026-02-17 2025-12-31 13F SHOALS TECHNOLOGIES GROUP IN CL A 82489W107 1,831,708 -148,777 -7.51 15,570 6.09 0.0020
2025-11-14 2025-09-30 13F SHOALS TECHNOLOGIES GROUP IN CL A 82489W107 1,980,485 338,387 20.61 14,675 110.30 0.0019
2025-08-13 2025-06-30 13F SHOALS TECHNOLOGIES GROUP IN CL A 82489W107 1,642,098 -15,531 -0.94 6,979 26.80 0.0010
2025-05-13 2025-03-31 13F SHOALS TECHNOLOGIES GROUP IN CL A 82489W107 1,657,629 -118,708 -6.68 5,503 -43.98 0.0008
2025-02-14 2024-12-31 13F SHOALS TECHNOLOGIES GROUP IN CL A 82489W107 1,776,337 77,633 4.57 9,823 3.09 0.0014
2024-11-13 2024-09-30 13F SHOALS TECHNOLOGIES GROUP IN COM 82489W107 1,698,704 -16,736 -0.98 9,530 -10.98 0.0016
2024-08-14 2024-06-30 13F SHOALS TECHNOLOGIES GROUP IN COM 82489W107 1,715,440 77,065 4.70 10,704 -41.56 0.0018
2024-05-14 2024-03-31 13F SHOALS TECHNOLOGIES GROUP IN COM 82489W107 1,638,375 -30,965 -1.85 18,317 -29.39 0.0032
2024-02-13 2023-12-31 13F SHOALS TECHNOLOGIES GROUP IN COM 82489W107 1,669,340 35,766 2.19 25,942 -12.98 0.0047
2023-11-13 2023-09-30 13F SHOALS TECHNOLOGIES GROUP IN COM 82489W107 1,633,574 -26,402 -1.59 29,813 -29.74 0.0058
2023-08-11 2023-06-30 13F SHOALS TECHNOLOGIES GROUP IN COM 82489W107 1,659,976 108,939 7.02 42,429 20.03 0.0082
2023-05-15 2023-03-31 13F SHOALS TECHNOLOGIES GROUP IN COM 82489W107 1,551,037 245,601 18.81 35,348 9.76 0.0070
2023-02-13 2022-12-31 13F SHOALS TECHNOLOGIES GROUP IN COM 82489W107 1,305,436 261,366 25.03 32,205 43.13 0.0068
2022-11-14 2022-09-30 13F SHOALS TECHNOLOGIES GROUP IN COM 82489W107 1,044,070 -122,687 -10.52 22,500 17.02 0.0051
2022-08-12 2022-06-30 13F SHOALS TECHNOLOGIES GROUP IN COM 82489W107 1,166,757 564,686 93.79 19,228 87.43 0.0041
2022-05-13 2022-03-31 13F SHOALS TECHNOLOGIES GROUP IN COM 82489W107 602,071 149,412 33.01 10,259 -6.74 0.0018
2022-02-08 2021-12-31 13F SHOALS TECHNOLOGIES GROUP IN COM 82489W107 452,659 6,616 1.48 11,000 -11.55 0.0018
2021-11-15 2021-09-30 13F SHOALS TECHNOLOGIES GROUP IN COM 82489W107 446,043 33,471 8.11 12,436 -15.09 0.0022
2021-08-13 2021-06-30 13F SHOALS TECHNOLOGIES GROUP IN CL A 82489W107 412,572 8,484 2.10 14,646 4.21 0.0026
2021-05-12 2021-03-31 13F SHOALS TECHNOLOGIES GROUP IN CL A 82489W107 404,088 404,088 14,054 0.0026
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.