PONO CAP TWO INC

Ticker: SBC CUSIP: 73245B107 Class: Common Stock

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
BlackRock, Inc.426,567$1,839
VANGUARD GROUP INC269,582$1,162
GEODE CAPITAL MANAGEMENT, LLC262,043$1,129
NORTHERN TRUST CORP81,292$350
SBI Securities Co., Ltd.47,944$207
STATE STREET CORP29,689$128
CHARLES SCHWAB INVESTMENT MANAGEMENT INC27,341$118
BARCLAYS PLC17,779$77
NEW YORK STATE COMMON RETIREMENT FUND17,000$73
MORGAN STANLEY15,506$67
Williams & Novak, LLC15,180$65
AQR CAPITAL MANAGEMENT LLC13,518$58
WELLS FARGO & COMPANY/MN12,626$54
Nuveen, LLC12,368$53
Russell Investments Group, Ltd.11,775$51
GOLDMAN SACHS GROUP INC11,323$49
JPMORGAN CHASE & CO9,011$39
BANK OF AMERICA CORP /DE/7,883$34
UBS Group AG5,764$25
RHUMBLINE ADVISERS5,314$23
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.5,221$23
FMR LLC3,867$17
BNP PARIBAS ARBITRAGE, SA2,477$11
Tower Research Capital LLC (TRC)2,390$10
ROYAL BANK OF CANADA1,572$7
Sterling Capital Management LLC831$4
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM694$3
CWM, LLC653$0
Ameritas Investment Partners, Inc.577$2
Legal & General Group Plc514$2
AMALGAMATED BANK354$0
CITIGROUP INC255$1
GAMMA Investing LLC87$0
Farther Finance Advisors, LLC57$0
Transamerica Financial Advisors, Inc.39$0
PNC Financial Services Group, Inc.10$0
Allworth Financial LP3$0
IFP Advisors, Inc2$0
EverSource Wealth Advisors, LLC2$0
ROTHSCHILD INVESTMENT LLC1$0
Sunbelt Securities, Inc.1$0
Total (41 institutions)1,319,112$5,681