Slm CORP (SLM) SEC 13F Holdings (Q2 2026) — Net Institutional Activity: $442.8M

SLM ranks #1562 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

SLM is a top-conviction position for Impactive Capital LP — at 9.8% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in SLM belongs to BlackRock, Inc., but the position matters far more to Impactive Capital LP, who has 9.8% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Goldman Sachs Group Inc has added to its SLM position for two straight quarters, increasing it by $108.5M to reach $135.0M today.

Impactive Capital LP has trimmed its SLM position for two straight quarters, cutting it by $57.8M while still holding $137.7M.

SLM is up 1.2% today, and institutions have been net buyers of $442.8M this quarter — today's price move and the underlying institutional flow are pointing the same direction.

SLM closed its latest fiscal year with net income of $744.8M, and currently trades at a P/E of 7.6.

• Profitable — net income of $744.8M in the latest fiscal year
• Net income improved year over year, from $608.3M to $744.8M
• Operating cash flow was negative, using $398.6M in cash
• Liabilities run 4.35x equity — a highly leveraged balance sheet worth noting