Who owns SFEB (SFEB)
Which tracked institutional funds hold SFEB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SFEB 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 SFEB is one-sided between 2025-Q4 and 2026-Q1: 15 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
SFEB’s largest tracked holder by dollar value, Cambridge Investment Research Advisors, Inc., 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 SFEB 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 53 tracked filers holding SFEB, 37 increased or opened the position and 14 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 SFEB 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 5
- MGO ONE SEVEN LLC$2M
- Maia Wealth LLC$2M
- Private Advisor Group, LLC$519K
- OLD MISSION CAPITAL LLC$515K
- Jaffetilchin Investment Partners, LLC$512K
Largest adds
- Cambridge Investment Research Advisors, Inc.$4M
- LPL Financial LLC$1M
- Kestra Advisory Services, LLC$952K
- Cetera Investment Advisers$842K
- RAYMOND JAMES FINANCIAL INC$773K
- OSAIC HOLDINGS, INC.$756K
Largest trims
- SOA Wealth Advisors, LLC.$512K
- Orion Porfolio Solutions, LLC$340K
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 |
|---|---|---|---|---|
| Cambridge Investment Research Advisors, Inc. added | 165,374 | $4M | 8.4% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 142,600 | $3M | 7.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 142,568 | $3M | 7.2% | 2026-Q1 |
| BFI Wealth Solutions, LLC trimmed | 139,169 | $3M | 7.1% | 2026-Q1 |
| Cetera Investment Advisers added | 106,328 | $3M | 5.4% | 2026-Q1 |
| MGO ONE SEVEN LLC new | 104,682 | $2M | 5.3% | 2026-Q1 |
| Diligent Investors, LLC added | 104,290 | $2M | 5.3% | 2026-Q1 |
| Maia Wealth LLC new | 102,725 | $2M | 5.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 90,838 | $2M | 4.6% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 81,145 | $2M | 4.1% | 2026-Q1 |
| LPL Financial LLC added | 76,517 | $2M | 3.9% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 76,067 | $2M | 3.8% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 59,794 | $1M | 3.0% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 35,978 | $854K | 1.8% | 2026-Q1 |
| Grantvest Financial Group LLC trimmed | 31,991 | $760K | 1.6% | 2026-Q1 |
| Private Advisor Group, LLC new | 21,865 | $519K | 1.1% | 2026-Q1 |
| Arkadios Wealth Advisors trimmed | 21,747 | $516K | 1.1% | 2026-Q1 |
| OLD MISSION CAPITAL LLC trimmed | 21,703 | $515K | 1.1% | 2026-Q1 |
| Jaffetilchin Investment Partners, LLC new | 21,561 | $512K | 1.1% | 2026-Q1 |
| NorthCrest Asset Manangement, LLC trimmed | 20,987 | $502K | 1.1% | 2026-Q1 |
| Keystone Wealth Services, LLC added | 20,941 | $497K | 1.1% | 2026-Q1 |
| Fragasso Financial Advisors Inc new | 19,768 | $475K | 1.0% | 2026-Q1 |
| PARK AVENUE SECURITIES LLC new | 19,675 | $467K | 1.0% | 2026-Q1 |
| SOA Wealth Advisors, LLC. trimmed | 19,471 | $462K | 1.0% | 2026-Q1 |
| SILVER OAK SECURITIES, INCORPORATED added | 16,719 | $397K | 0.8% | 2026-Q1 |
| Orion Porfolio Solutions, LLC trimmed | 16,035 | $381K | 0.8% | 2026-Q1 |
| Sunbelt Securities, Inc. added | 15,143 | $360K | 0.8% | 2026-Q1 |
| Marshall Financial Group, LLC added | 14,966 | $355K | 0.8% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 13,691 | $325K | 0.7% | 2026-Q1 |
| Mariner, LLC trimmed | 12,700 | $302K | 0.6% | 2026-Q1 |
| Janney Montgomery Scott LLC new | 12,485 | $297K | 0.6% | 2026-Q1 |
| Kovack Advisors, Inc. new | 12,125 | $289K | 0.6% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 30,270 | $222K | 0.5% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 9,230 | $219K | 0.5% | 2026-Q1 |
| Sigma Planning Corp trimmed | 9,203 | $219K | 0.5% | 2026-Q1 |
| StoneX Group Inc. trimmed | 8,600 | $204K | 0.4% | 2026-Q1 |
| Crusonia Wealth Advisors LLC new | 8,550 | $203K | 0.4% | 2026-Q1 |
| Ameritas Advisory Services, LLC new | 8,402 | $200K | 0.4% | 2026-Q1 |
| Spire Wealth Management trimmed | 7,639 | $181K | 0.4% | 2026-Q1 |
| Rockefeller Capital Management L.P. | 7,431 | $176K | 0.4% | 2026-Q1 |
| Capital Analysts, LLC | 6,471 | $154K | 0.3% | 2026-Q1 |
| DHJJ Financial Advisors, Ltd. added | 6,060 | $144K | 0.3% | 2026-Q1 |
| CX Institutional | 4,082 | $97K | 0.2% | 2026-Q1 |
| Dunhill Financial, LLC new | 2,860 | $68K | 0.1% | 2026-Q1 |
| Pinnacle Wealth Planning Services, Inc. | 2,521 | $60K | 0.1% | 2026-Q1 |
| MAI Capital Management added | 1,525 | $36K | 0.1% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 1,486 | $35K | 0.1% | 2026-Q1 |
| Benson Wealth Management INC | 1,442 | $34K | 0.1% | 2026-Q1 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | 1,252 | $30K | 0.1% | 2026-Q1 |
| Topsail Wealth Management, LLC new | 1,050 | $25K | 0.1% | 2026-Q1 |
| Noble Wealth Management PBC | 800 | $19K | 0.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 280 | $7K | 0.0% | 2026-Q1 |
| Ameritas Investment Partners, Inc. new | 215 | $5K | 0.0% | 2026-Q1 |
| Orion Portfolio Solutions, LLC added | 24,037 | $490K | 1.0% | 2025-Q1 stale |
| CARY STREET PARTNERS FINANCIAL LLC | 19,152 | $450K | 1.0% | 2025-Q4 stale |
| AVANTAX ADVISORY SERVICES, INC. added | 20,857 | $445K | 0.9% | 2025-Q2 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 13,745 | $323K | 0.7% | 2025-Q4 stale |
| First Heartland Consultants, Inc. new | 14,026 | $299K | 0.6% | 2025-Q2 stale |
| Focus Partners Advisor Solutions, LLC new | 9,534 | $219K | 0.5% | 2025-Q3 stale |
| Bison Wealth, LLC | 10,725 | $219K | 0.5% | 2025-Q1 stale |
| Camelot Portfolios, LLC new | 2,911 | $68K | 0.1% | 2025-Q4 stale |
| Clearstead Advisors, LLC new | 3,000 | $61K | 0.1% | 2025-Q1 stale |
| Royal Bank of Canada new | 2,700 | $58K | 0.1% | 2025-Q2 stale |
| Wood Tarver Financial Group, LLC | 1,509 | $32K | 0.1% | 2025-Q2 stale |
| EPG Wealth Management LLC new | 1,500 | $31K | 0.1% | 2025-Q1 stale |
| IFP Advisors, Inc trimmed | 753 | $18K | 0.0% | 2025-Q4 stale |
| PRINCIPAL SECURITIES, INC. | 200 | $5K | 0.0% | 2025-Q3 stale |
| UBS Group AG trimmed | 127 | $3K | 0.0% | 2025-Q4 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.