Who owns SEPW
Which tracked institutional funds hold SEPW, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SEPW company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-25). 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 SEPW is one-sided between 2026-Q1 and 2026-Q2: 4 added or opened and 27 trimmed or exited — on balance reducing.
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
SEPW’s largest tracked holder by dollar value, COMMONWEALTH EQUITY SERVICES, LLC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SEPW 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 50 tracked filers holding SEPW, 12 increased or opened the position and 49 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 SEPW 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
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$2M
- IFG Advisory, LLC$682K
- Summit Financial, LLC$649K
Full exits 17
- Wellment Financial$5M
- B.O.S.S. Retirement Advisors, LLC$4M
- Outlook Wealth Advisors, LLC$4M
- HOWARD BAILEY SECURITIES, LLC$4M
- Integrated Wealth Management$3M
- Networth Advisors, LLC$2M
Largest adds
- Allianz SE$2M
Largest trims
- AE Wealth Management LLC$68M
- POM Investment Strategies, LLC$7M
- Elevated Capital Advisors, LLC$2M
- Westshore Wealth, LLC$722K
- COMMONWEALTH EQUITY SERVICES, LLC$707K
- Lloyd Advisory Services, LLC.$622K
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 |
|---|---|---|---|---|
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 497,144 | $17M | 13.3% | 2026-Q2 |
| Authentikos Wealth Advisory, LLC trimmed | 221,098 | $7M | 5.9% | 2026-Q2 |
| Allianz SE added | 203,946 | $7M | 5.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 165,998 | $6M | 4.4% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 134,460 | $4M | 3.6% | 2026-Q2 |
| AMERICAN ASSET MANAGEMENT INC. trimmed | 133,512 | $4M | 3.6% | 2026-Q2 |
| Westshore Wealth, LLC trimmed | 128,649 | $4M | 3.4% | 2026-Q2 |
| LPL Financial LLC added | 103,074 | $3M | 2.7% | 2026-Q2 |
| Spire Wealth Management trimmed | 74,772 | $2M | 2.0% | 2026-Q2 |
| Elevated Capital Advisors, LLC trimmed | 69,936 | $2M | 1.9% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 65,590 | $2M | 1.7% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 57,449 | $2M | 1.5% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 47,657 | $2M | 1.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 34,193 | $1M | 0.9% | 2026-Q2 |
| AE Wealth Management LLC trimmed | 31,540 | $1M | 0.8% | 2026-Q2 |
| World Investment Advisors added | 29,504 | $985K | 0.8% | 2026-Q2 |
| Focus Financial Network, Inc. trimmed | 28,173 | $941K | 0.8% | 2026-Q2 |
| BCGM Wealth Management, LLC | 25,022 | $836K | 0.7% | 2026-Q2 |
| IFG Advisory, LLC new | 20,426 | $682K | 0.5% | 2026-Q2 |
| Summit Financial, LLC new | 19,450 | $649K | 0.5% | 2026-Q2 |
| Joseph P. Lucia & Associates, LLC trimmed | 19,412 | $648K | 0.5% | 2026-Q2 |
| Avidian Wealth Enterprises, LLC | 18,293 | $611K | 0.5% | 2026-Q2 |
| OLD MISSION CAPITAL LLC trimmed | 17,575 | $587K | 0.5% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 17,385 | $581K | 0.5% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC | 13,056 | $436K | 0.3% | 2026-Q2 |
| Advisory Solutions Group, LLC new | 11,958 | $399K | 0.3% | 2026-Q2 |
| Advus Financial Partners, LLC trimmed | 11,923 | $398K | 0.3% | 2026-Q2 |
| First Heartland Consultants, Inc. | 10,944 | $365K | 0.3% | 2026-Q2 |
| CreativeOne Wealth, LLC | 10,749 | $359K | 0.3% | 2026-Q2 |
| Concurrent Investment Advisors, LLC | 9,765 | $326K | 0.3% | 2026-Q2 |
| Castle Rock Wealth Management, LLC | 8,666 | $290K | 0.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 8,598 | $287K | 0.2% | 2026-Q2 |
| Merit Financial Group, LLC trimmed | 8,479 | $283K | 0.2% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC | 7,921 | $265K | 0.2% | 2026-Q2 |
| PFG Advisors trimmed | 7,604 | $254K | 0.2% | 2026-Q2 |
| TAGStone Capital, Inc. | 7,351 | $245K | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 7,277 | $243K | 0.2% | 2026-Q2 |
| Grantvest Financial Group LLC trimmed | 6,917 | $231K | 0.2% | 2026-Q2 |
| KINTRA WEALTH, LLC new | 5,920 | $200K | 0.2% | 2026-Q2 |
| Lloyd Advisory Services, LLC. trimmed | 4,307 | $144K | 0.1% | 2026-Q2 |
| Mosley Wealth Management added | 3,802 | $127K | 0.1% | 2026-Q2 |
| LANARK FINANCIAL, INC. | 2,081 | $69K | 0.1% | 2026-Q2 |
| Arax Advisory Partners | 892 | $30K | 0.0% | 2026-Q2 |
| IFP Advisors, Inc trimmed | 885 | $30K | 0.0% | 2026-Q2 |
| TOUNJIAN ADVISORY PARTNERS, LLC new | 703 | $23K | 0.0% | 2026-Q2 |
| ST GERMAIN D J CO INC | 594 | $20K | 0.0% | 2026-Q2 |
| POM Investment Strategies, LLC trimmed | 572 | $19K | 0.0% | 2026-Q2 |
| Geneos Wealth Management Inc. | 482 | $16K | 0.0% | 2026-Q2 |
| Global Retirement Partners, LLC | 400 | $13K | 0.0% | 2026-Q2 |
| CREATIVE FINANCIAL DESIGNS INC /ADV trimmed | 348 | $12K | 0.0% | 2026-Q2 |
| Wellment Financial trimmed | 156,527 | $5M | 3.9% | 2026-Q1 stale (1 quarter behind) |
| B.O.S.S. Retirement Advisors, LLC trimmed | 118,350 | $4M | 3.0% | 2026-Q1 stale (1 quarter behind) |
| Outlook Wealth Advisors, LLC trimmed | 117,474 | $4M | 3.0% | 2026-Q1 stale (1 quarter behind) |
| HOWARD BAILEY SECURITIES, LLC trimmed | 114,520 | $4M | 2.9% | 2026-Q1 stale (1 quarter behind) |
| Integrated Wealth Management added | 99,931 | $3M | 2.5% | 2026-Q1 stale (1 quarter behind) |
| Networth Advisors, LLC trimmed | 66,853 | $2M | 1.7% | 2026-Q1 stale (1 quarter behind) |
| Great Lakes Retirement, Inc. trimmed | 66,603 | $2M | 1.7% | 2026-Q1 stale (1 quarter behind) |
| LifeWealth Investments, LLC trimmed | 54,226 | $2M | 1.4% | 2026-Q1 stale (1 quarter behind) |
| SMART Wealth LLC added | 53,948 | $2M | 1.4% | 2026-Q1 stale (1 quarter behind) |
| FSA Advisors, Inc. added | 44,470 | $1M | 1.1% | 2026-Q1 stale (1 quarter behind) |
| Centennial Advisors, LLC trimmed | 42,980 | $1M | 1.1% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. trimmed | 42,081 | $1M | 1.1% | 2026-Q1 stale (1 quarter behind) |
| Aegis Wealth Management, Inc. trimmed | 38,360 | $1M | 1.0% | 2026-Q1 stale (1 quarter behind) |
| Kingdom Financial Group LLC. trimmed | 24,228 | $765K | 0.6% | 2026-Q1 stale (1 quarter behind) |
| Blackston Financial Advisory Group, LLC added | 23,450 | $741K | 0.6% | 2026-Q1 stale (1 quarter behind) |
| Csenge Advisory Group added | 21,751 | $687K | 0.5% | 2026-Q1 stale (1 quarter behind) |
| CENTAURUS FINANCIAL, INC. | 19,778 | $625K | 0.5% | 2026-Q1 stale (1 quarter behind) |
| Quest 10 Wealth Builders, Inc. trimmed | 11,288 | $357K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Allegheny Financial Group | 8,208 | $259K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| BARCLAYS PLC added | 2,864 | $90K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Key Capital Management, INC added | 1,192 | $38K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Decker Retirement Planning Inc. trimmed | 666 | $21K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| HANTZ FINANCIAL SERVICES, INC. new | 189 | $6K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| UBS Group AG trimmed | 50 | $2K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Allianz Investment Management LLC new | 116,920 | $4M | 3.0% | 2025-Q4 stale (2 quarters behind) |
| OPPENHEIMER & CO INC added | 77,909 | $2M | 2.0% | 2025-Q4 stale (2 quarters behind) |
| Lantern Wealth Advisors, LLC | 8,134 | $260K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| JPMORGAN CHASE & CO added | 7,964 | $254K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| JANE STREET GROUP, LLC trimmed | 12,747 | $400K | 0.3% | 2025-Q3 stale (3 quarters behind) |
| Allianz Investment Management U.S. LLC | 5,000 | $157K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| MORGAN STANLEY new | 3,040 | $95K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Advisory Services Network, LLC new | 453 | $14K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Richard W. Paul & Associates, LLC trimmed | 212 | $7K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Pineridge Advisors LLC trimmed | 89 | $3K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| GeoWealth Management, LLC added | 78,197 | $2M | 1.9% | 2025-Q2 stale (4 quarters behind) |
| Atria Wealth Solutions, Inc. trimmed | 47,608 | $1M | 1.1% | 2025-Q2 stale (4 quarters behind) |
| Crown Wealth Group, LLC new | 14,396 | $434K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| Kingsview Wealth Management, LLC | 9,765 | $295K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| Moloney Securities Asset Management, LLC new | 7,608 | $230K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 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.