Who owns SEPI
Which tracked institutional funds hold SEPI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SEPI company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on SEPI is one-sided between 2026-Q1 and 2026-Q2: 13 added or opened and 1 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
SEPI’s largest tracked holder by dollar value, SHELTON CAPITAL MANAGEMENT, sizes it at 1.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SEPI divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 21 tracked filers holding SEPI, 18 increased or opened the position and 3 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in SEPI between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 3
- Joseph Group Capital Management$8M
- IHT Wealth Management, LLC$1M
- IFG Advisory, LLC$773K
Full exits 1
- JANE STREET GROUP, LLC$3M
Largest adds
- RAYMOND JAMES FINANCIAL INC$10M
- SHELTON CAPITAL MANAGEMENT$7M
- LPL Financial LLC$6M
- Hilton Head Capital Partners, LLC$5M
- Good Steward Wealth Advisors,LLC$1M
- Steward Partners Investment Advisory, LLC$1M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| SHELTON CAPITAL MANAGEMENT added | 1,972,250 | $55M | 36.0% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 594,985 | $17M | 10.9% | 2026-Q2 |
| LPL Financial LLC added | 474,947 | $13M | 8.7% | 2026-Q2 |
| Good Steward Wealth Advisors,LLC added | 413,875 | $12M | 7.6% | 2026-Q2 |
| Joseph Group Capital Management new | 289,766 | $8M | 5.3% | 2026-Q2 |
| FOCUSED ALPHA, LLC trimmed | 254,510 | $7M | 4.6% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 212,045 | $6M | 3.9% | 2026-Q2 |
| Hilton Head Capital Partners, LLC added | 202,683 | $6M | 3.7% | 2026-Q2 |
| Investment Planning Advisors, Inc. added | 92,064 | $3M | 1.7% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 89,645 | $2M | 1.6% | 2026-Q2 |
| Carson Advisory Inc. added | 57,836 | $2M | 1.1% | 2026-Q2 |
| IHT Wealth Management, LLC new | 46,254 | $1M | 0.8% | 2026-Q2 |
| IFG Advisory, LLC new | 27,773 | $773K | 0.5% | 2026-Q2 |
| Western Wealth Management, LLC added | 20,035 | $558K | 0.4% | 2026-Q2 |
| Private Advisor Group, LLC added | 18,281 | $509K | 0.3% | 2026-Q2 |
| Global Retirement Partners, LLC new | 8,000 | $223K | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC new | 7,980 | $222K | 0.1% | 2026-Q2 |
| PITTENGER & ANDERSON INC | 1,575 | $44K | 0.0% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP new | 423 | $12K | 0.0% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. new | 81 | $2K | 0.0% | 2026-Q2 |
| DHJJ Financial Advisors, Ltd. | 16 | $446 | 0.0% | 2026-Q2 |
| JANE STREET GROUP, LLC new | 107,211 | $3M | 1.8% | 2026-Q1 stale (1 quarter behind) |
| Ascentis Independent Advisors added | 17,457 | $437K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Financially Speaking Inc added | 1,910,301 | $16M | 10.6% | 2025-Q4 stale (2 quarters behind) |
| BANK OF AMERICA CORP /DE/ new | 316 | $8K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Luminist Capital LLC new | 117 | $2K | 0.0% | 2025-Q2 stale (4 quarters behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.