Who owns SPAR Group, Inc. (SGRP)
Which tracked institutional funds hold SGRP, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SGRP company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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
5 tracked funds added or opened SGRP while 6 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
SGRP’s largest tracked holder by dollar value, SHARIAPORTFOLIO, INC., sizes it at 9.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 9.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SGRP 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 44 tracked filers holding SGRP, 27 increased or opened the position and 15 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 SGRP 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 2
- Advocacy Wealth Management, LLC$2M
- Cetera Investment Advisers$1M
Full exits 3
- SHARIAPORTFOLIO, INC.$45M
- GTS SECURITIES LLC$2M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$1M
Largest adds
- Tidal Investments LLC$2M
- JANE STREET GROUP, LLC$2M
- Strengthening Families & Communities, LLC$257K
Largest trims
- RFG Advisory, LLC$4M
- TD Waterhouse Canada Inc.$673K
- Mariner, LLC$283K
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 |
|---|---|---|---|---|
| rebel Financial LLC trimmed | 173,896 | $5M | 9.5% | 2026-Q1 |
| Tidal Investments LLC added | 119,324 | $4M | 8.0% | 2026-Q1 |
| RFG Advisory, LLC trimmed | 137,693 | $4M | 7.5% | 2026-Q1 |
| Advocacy Wealth Management, LLC new | 76,806 | $2M | 4.2% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 46,285 | $2M | 3.1% | 2026-Q1 |
| TD Waterhouse Canada Inc. trimmed | 49,944 | $1M | 2.8% | 2026-Q1 |
| Cetera Investment Advisers new | 22,166 | $768K | 1.5% | 2026-Q1 |
| Creative Planning added | 15,384 | $434K | 0.8% | 2026-Q1 |
| Nantahala Capital Management, LLC | 660,688 | $413K | 0.8% | 2026-Q1 |
| Lido Advisors, LLC added | 12,762 | $360K | 0.7% | 2026-Q1 |
| Strengthening Families & Communities, LLC added | 12,735 | $359K | 0.7% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 504,195 | $316K | 0.6% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec | 10,740 | $303K | 0.6% | 2026-Q1 |
| Valeo Financial Advisors, LLC new | 10,610 | $299K | 0.6% | 2026-Q1 |
| HighTower Advisors, LLC new | 10,522 | $297K | 0.6% | 2026-Q1 |
| Mariner, LLC added | 9,859 | $278K | 0.5% | 2026-Q1 |
| Cerro Pacific Wealth Advisors LLC new | 7,829 | $221K | 0.4% | 2026-Q1 |
| CWM, LLC | 4,266 | $148K | 0.3% | 2026-Q1 |
| Farther Finance Advisors, LLC trimmed | 4,386 | $125K | 0.2% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 125,308 | $78K | 0.2% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 125,142 | $78K | 0.2% | 2026-Q1 |
| RBF Capital, LLC | 97,296 | $61K | 0.1% | 2026-Q1 |
| Pacific Center for Financial Services added | 2,143 | $60K | 0.1% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ | 1,464 | $41K | 0.1% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 60,046 | $38K | 0.1% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 51,488 | $32K | 0.1% | 2026-Q1 |
| Sunbelt Securities, Inc. added | 808 | $28K | 0.1% | 2026-Q1 |
| Merkkuri Wealth Advisors LLC new | 719 | $25K | 0.0% | 2026-Q1 |
| IFP Advisors, Inc added | 654 | $23K | 0.0% | 2026-Q1 |
| Modern Wealth Management, LLC new | 33,064 | $20K | 0.0% | 2026-Q1 |
| CSS LLC/IL | 24,422 | $15K | 0.0% | 2026-Q1 |
| GABLES CAPITAL MANAGEMENT INC. | 386 | $13K | 0.0% | 2026-Q1 |
| STATE STREET CORP | 20,592 | $13K | 0.0% | 2026-Q1 |
| NORTHERN TRUST CORP | 20,180 | $13K | 0.0% | 2026-Q1 |
| XTX Topco Ltd trimmed | 15,602 | $10K | 0.0% | 2026-Q1 |
| Ground Swell Capital, LLC added | 13,802 | $9K | 0.0% | 2026-Q1 |
| Murphy & Mullick Capital Management Corp | 100 | $3K | 0.0% | 2026-Q1 |
| Burk Holdings LLC new | 83 | $3K | 0.0% | 2026-Q1 |
| Advisory Services Network, LLC new | 43 | $1K | 0.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 2,345 | $1K | 0.0% | 2026-Q1 |
| FMR LLC added | 25 | $867 | 0.0% | 2026-Q1 |
| Tower Research Capital LLC (TRC) added | 986 | $617 | 0.0% | 2026-Q1 |
| UBS Group AG added | 870 | $544 | 0.0% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 31 | — | 0.0% | 2026-Q1 |
| SHARIAPORTFOLIO, INC. trimmed | 650,249 | $23M | 44.4% | 2025-Q4 stale |
| GTS SECURITIES LLC added | 76,748 | $2M | 4.1% | 2025-Q4 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 42,502 | $1M | 2.9% | 2025-Q4 stale |
| VANGUARD GROUP INC trimmed | 555,683 | $440K | 0.9% | 2025-Q4 stale |
| Beryl Capital Management LLC trimmed | 280,449 | $370K | 0.7% | 2025-Q1 stale |
| GOLDMAN SACHS GROUP INC new | 13,451 | $367K | 0.7% | 2025-Q4 stale |
| FLOW TRADERS U.S. LLC trimmed | 11,094 | $345K | 0.7% | 2025-Q2 stale |
| MORGAN STANLEY added | 8,639 | $230K | 0.4% | 2025-Q3 stale |
| Virtu Financial LLC added | 69,024 | $66K | 0.1% | 2025-Q2 stale |
| GABELLI FUNDS LLC trimmed | 45,000 | $46K | 0.1% | 2025-Q3 stale |
| ODDO BHF ASSET MANAGEMENT SAS | 33,107 | $44K | 0.1% | 2025-Q1 stale |
| TWO SIGMA SECURITIES, LLC added | 39,140 | $31K | 0.1% | 2025-Q4 stale |
| DIMENSIONAL FUND ADVISORS LP trimmed | 28,560 | $29K | 0.1% | 2025-Q3 stale |
| Black Maple Capital Management LP | 27,466 | $28K | 0.1% | 2025-Q3 stale |
| Sage Investment Counsel LLC | 15,000 | $20K | 0.0% | 2025-Q1 stale |
| Evernest Financial Advisors, LLC new | 13,000 | $13K | 0.0% | 2025-Q3 stale |
| Quinn Opportunity Partners LLC | 10,000 | $10K | 0.0% | 2025-Q3 stale |
| HRT FINANCIAL LP trimmed | 10,346 | $10K | 0.0% | 2025-Q3 stale |
| BlackRock, Inc. trimmed | 3,672 | $4K | 0.0% | 2025-Q2 stale |
| BARCLAYS PLC added | 105 | $108 | 0.0% | 2025-Q3 stale |
| BANK OF AMERICA CORP /DE/ added | 109 | $86 | 0.0% | 2025-Q4 stale |
| JPMORGAN CHASE & CO trimmed | 22 | $29 | 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.