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Institutional Ownership · SEC Form 13F

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.

58
Institutional holders
3M
Shares held (tracked funds)
11.6%
Of shares outstanding

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).

FundSharesReported value% of valueQuarter
rebel Financial LLC trimmed173,896$5M9.5%2026-Q1
Tidal Investments LLC added119,324$4M8.0%2026-Q1
RFG Advisory, LLC trimmed137,693$4M7.5%2026-Q1
Advocacy Wealth Management, LLC new76,806$2M4.2%2026-Q1
JANE STREET GROUP, LLC added46,285$2M3.1%2026-Q1
TD Waterhouse Canada Inc. trimmed49,944$1M2.8%2026-Q1
Cetera Investment Advisers new22,166$768K1.5%2026-Q1
Creative Planning added15,384$434K0.8%2026-Q1
Nantahala Capital Management, LLC660,688$413K0.8%2026-Q1
Lido Advisors, LLC added12,762$360K0.7%2026-Q1
Strengthening Families & Communities, LLC added12,735$359K0.7%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new504,195$316K0.6%2026-Q1
Federation des caisses Desjardins du Quebec10,740$303K0.6%2026-Q1
Valeo Financial Advisors, LLC new10,610$299K0.6%2026-Q1
HighTower Advisors, LLC new10,522$297K0.6%2026-Q1
Mariner, LLC added9,859$278K0.5%2026-Q1
Cerro Pacific Wealth Advisors LLC new7,829$221K0.4%2026-Q1
CWM, LLC4,266$148K0.3%2026-Q1
Farther Finance Advisors, LLC trimmed4,386$125K0.2%2026-Q1
RENAISSANCE TECHNOLOGIES LLC trimmed125,308$78K0.2%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC trimmed125,142$78K0.2%2026-Q1
RBF Capital, LLC97,296$61K0.1%2026-Q1
Pacific Center for Financial Services added2,143$60K0.1%2026-Q1
NATIONAL BANK OF CANADA /FI/1,464$41K0.1%2026-Q1
CITADEL ADVISORS LLC added60,046$38K0.1%2026-Q1
VANGUARD FIDUCIARY TRUST CO new51,488$32K0.1%2026-Q1
Sunbelt Securities, Inc. added808$28K0.1%2026-Q1
Merkkuri Wealth Advisors LLC new719$25K0.0%2026-Q1
IFP Advisors, Inc added654$23K0.0%2026-Q1
Modern Wealth Management, LLC new33,064$20K0.0%2026-Q1
CSS LLC/IL24,422$15K0.0%2026-Q1
GABLES CAPITAL MANAGEMENT INC.386$13K0.0%2026-Q1
STATE STREET CORP20,592$13K0.0%2026-Q1
NORTHERN TRUST CORP20,180$13K0.0%2026-Q1
XTX Topco Ltd trimmed15,602$10K0.0%2026-Q1
Ground Swell Capital, LLC added13,802$9K0.0%2026-Q1
Murphy & Mullick Capital Management Corp100$3K0.0%2026-Q1
Burk Holdings LLC new83$3K0.0%2026-Q1
Advisory Services Network, LLC new43$1K0.0%2026-Q1
OSAIC HOLDINGS, INC. trimmed2,345$1K0.0%2026-Q1
FMR LLC added25$8670.0%2026-Q1
Tower Research Capital LLC (TRC) added986$6170.0%2026-Q1
UBS Group AG added870$5440.0%2026-Q1
ROYAL BANK OF CANADA trimmed310.0%2026-Q1
SHARIAPORTFOLIO, INC. trimmed650,249$23M44.4%2025-Q4 stale
GTS SECURITIES LLC added76,748$2M4.1%2025-Q4 stale
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed42,502$1M2.9%2025-Q4 stale
VANGUARD GROUP INC trimmed555,683$440K0.9%2025-Q4 stale
Beryl Capital Management LLC trimmed280,449$370K0.7%2025-Q1 stale
GOLDMAN SACHS GROUP INC new13,451$367K0.7%2025-Q4 stale
FLOW TRADERS U.S. LLC trimmed11,094$345K0.7%2025-Q2 stale
MORGAN STANLEY added8,639$230K0.4%2025-Q3 stale
Virtu Financial LLC added69,024$66K0.1%2025-Q2 stale
GABELLI FUNDS LLC trimmed45,000$46K0.1%2025-Q3 stale
ODDO BHF ASSET MANAGEMENT SAS33,107$44K0.1%2025-Q1 stale
TWO SIGMA SECURITIES, LLC added39,140$31K0.1%2025-Q4 stale
DIMENSIONAL FUND ADVISORS LP trimmed28,560$29K0.1%2025-Q3 stale
Black Maple Capital Management LP27,466$28K0.1%2025-Q3 stale
Sage Investment Counsel LLC15,000$20K0.0%2025-Q1 stale
Evernest Financial Advisors, LLC new13,000$13K0.0%2025-Q3 stale
Quinn Opportunity Partners LLC10,000$10K0.0%2025-Q3 stale
HRT FINANCIAL LP trimmed10,346$10K0.0%2025-Q3 stale
BlackRock, Inc. trimmed3,672$4K0.0%2025-Q2 stale
BARCLAYS PLC added105$1080.0%2025-Q3 stale
BANK OF AMERICA CORP /DE/ added109$860.0%2025-Q4 stale
JPMORGAN CHASE & CO trimmed22$290.0%2025-Q1 stale
CONCOURSE FINANCIAL GROUP SECURITIES, INC.00.0%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.

HoldersTotal shares

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.

Learn how to read institutional ownership