Who owns SEPI (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-Q1 13F filings. 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 2025-Q4 and 2026-Q1: 10 added or opened and 2 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 2025-Q4 and 2026-Q1, across 16 tracked filers holding SEPI, 14 increased or opened the position and 1 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 2025-Q4 and 2026-Q1 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 7
- LPL Financial LLC$7M
- RAYMOND JAMES FINANCIAL INC$7M
- Steward Partners Investment Advisory, LLC$5M
- JANE STREET GROUP, LLC$3M
- ROYAL BANK OF CANADA$1M
- Hilton Head Capital Partners, LLC$940K
Full exits 1
- Financially Speaking Inc$16M
Largest adds
- SHELTON CAPITAL MANAGEMENT$9M
- FOCUSED ALPHA, LLC$3M
- Investment Planning Advisors, Inc.$347K
Largest trims
- Good Steward Wealth Advisors,LLC$515K
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 | 1,899,025 | $48M | 43.9% | 2026-Q1 |
| Good Steward Wealth Advisors,LLC added | 410,339 | $10M | 9.5% | 2026-Q1 |
| LPL Financial LLC new | 276,222 | $7M | 6.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC new | 275,346 | $7M | 6.4% | 2026-Q1 |
| FOCUSED ALPHA, LLC added | 262,364 | $7M | 6.1% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC new | 189,723 | $5M | 4.4% | 2026-Q1 |
| JANE STREET GROUP, LLC new | 107,211 | $3M | 2.5% | 2026-Q1 |
| Investment Planning Advisors, Inc. added | 89,348 | $2M | 2.1% | 2026-Q1 |
| ROYAL BANK OF CANADA new | 56,440 | $1M | 1.3% | 2026-Q1 |
| Hilton Head Capital Partners, LLC new | 37,502 | $940K | 0.9% | 2026-Q1 |
| Carson Advisory Inc. new | 32,500 | $814K | 0.8% | 2026-Q1 |
| Ascentis Independent Advisors added | 17,457 | $437K | 0.4% | 2026-Q1 |
| Western Wealth Management, LLC new | 15,957 | $400K | 0.4% | 2026-Q1 |
| Private Advisor Group, LLC new | 11,054 | $277K | 0.3% | 2026-Q1 |
| PITTENGER & ANDERSON INC | 1,575 | $39K | 0.0% | 2026-Q1 |
| DHJJ Financial Advisors, Ltd. | 16 | $401 | 0.0% | 2026-Q1 |
| Financially Speaking Inc added | 1,910,301 | $16M | 14.9% | 2025-Q4 stale |
| BANK OF AMERICA CORP /DE/ new | 316 | $8K | 0.0% | 2025-Q3 stale |
| Luminist Capital LLC new | 117 | $2K | 0.0% | 2025-Q2 stale |
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.