Who owns SEPT
Which tracked institutional funds hold SEPT, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SEPT company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-15). 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
2 tracked funds added or opened SEPT while 5 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
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
SEPT’s largest tracked holder by dollar value, AE Wealth Management LLC, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SEPT 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 38 tracked filers holding SEPT, 11 increased or opened the position and 20 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 SEPT 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 1
- OLD MISSION CAPITAL LLC$1M
Largest adds
- Kestra Advisory Services, LLC$407K
Largest trims
- AE Wealth Management LLC$1M
- COMMONWEALTH EQUITY SERVICES, LLC$976K
- Lloyd Advisory Services, LLC.$872K
- SMART Wealth LLC$486K
- OSAIC HOLDINGS, INC.$306K
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 |
|---|---|---|---|---|
| AE Wealth Management LLC trimmed | 1,296,584 | $45M | 51.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 375,610 | $13M | 14.8% | 2026-Q1 |
| Wellment Financial trimmed | 92,394 | $3M | 3.6% | 2026-Q1 |
| SMART Wealth LLC trimmed | 91,077 | $3M | 3.6% | 2026-Q1 |
| FWG Investments, LLC. trimmed | 85,454 | $3M | 3.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 60,215 | $2M | 2.4% | 2026-Q1 |
| LPL Financial LLC trimmed | 51,633 | $2M | 2.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 51,259 | $2M | 2.0% | 2026-Q1 |
| Cetera Investment Advisers added | 37,793 | $1M | 1.5% | 2026-Q1 |
| OLD MISSION CAPITAL LLC added | 35,745 | $1M | 1.4% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 30,708 | $1M | 1.2% | 2026-Q1 |
| Nvest Financial, LLC trimmed | 28,299 | $972K | 1.1% | 2026-Q1 |
| FSA Advisors, Inc. added | 25,659 | $881K | 1.0% | 2026-Q1 |
| Quest 10 Wealth Builders, Inc. added | 25,181 | $865K | 1.0% | 2026-Q1 |
| Csenge Advisory Group trimmed | 20,007 | $687K | 0.8% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 17,605 | $605K | 0.7% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 17,227 | $592K | 0.7% | 2026-Q1 |
| INDEPENDENT FINANCIAL GROUP, LLC trimmed | 15,460 | $531K | 0.6% | 2026-Q1 |
| JIM SAULNIER & ASSOCIATES, LLC | 10,427 | $358K | 0.4% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. trimmed | 10,042 | $345K | 0.4% | 2026-Q1 |
| Sanctuary Advisors, LLC trimmed | 7,500 | $258K | 0.3% | 2026-Q1 |
| LifeWealth Investments, LLC trimmed | 7,373 | $253K | 0.3% | 2026-Q1 |
| Focus Financial Network, Inc. | 6,366 | $219K | 0.3% | 2026-Q1 |
| Allianz SE | 5,000 | $172K | 0.2% | 2026-Q1 |
| Farther Finance Advisors, LLC | 4,828 | $167K | 0.2% | 2026-Q1 |
| Elevated Capital Advisors, LLC trimmed | 2,690 | $92K | 0.1% | 2026-Q1 |
| Lloyd Advisory Services, LLC. trimmed | 1,957 | $67K | 0.1% | 2026-Q1 |
| Kingdom Financial Group LLC. trimmed | 1,957 | $67K | 0.1% | 2026-Q1 |
| Networth Advisors, LLC | 1,857 | $64K | 0.1% | 2026-Q1 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | 1,603 | $55K | 0.1% | 2026-Q1 |
| Key Capital Management, INC added | 1,031 | $35K | 0.0% | 2026-Q1 |
| AdvisorNet Financial, Inc | 1,000 | $34K | 0.0% | 2026-Q1 |
| IFP Advisors, Inc trimmed | 788 | $27K | 0.0% | 2026-Q1 |
| Decker Retirement Planning Inc. added | 565 | $19K | 0.0% | 2026-Q1 |
| UBS Group AG trimmed | 137 | $5K | 0.0% | 2026-Q1 |
| US BANCORP \DE\ trimmed | 80 | $3K | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 18 | $606 | 0.0% | 2026-Q1 |
| BARCLAYS PLC trimmed | 6 | $206 | 0.0% | 2026-Q1 |
| Atria Wealth Solutions, Inc. trimmed | 45,356 | $1M | 1.7% | 2025-Q2 stale |
| JANE STREET GROUP, LLC added | 28,025 | $966K | 1.1% | 2025-Q3 stale |
| CITADEL ADVISORS LLC trimmed | 10,579 | $365K | 0.4% | 2025-Q3 stale |
| AVANTAX ADVISORY SERVICES, INC. | 8,975 | $289K | 0.3% | 2025-Q2 stale |
| Moors & Cabot, Inc. new | 6,600 | $228K | 0.3% | 2025-Q3 stale |
| B.O.S.S. Retirement Advisors, LLC new | 6,098 | $210K | 0.2% | 2025-Q3 stale |
| Allianz Investment Management U.S. LLC | 5,000 | $172K | 0.2% | 2025-Q3 stale |
| Spire Wealth Management | 3,650 | $126K | 0.1% | 2025-Q3 stale |
| Allworth Financial LP | 30 | $883 | 0.0% | 2025-Q1 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 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.