Who owns SJB
Which tracked institutional funds hold SJB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SJB 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
8 tracked funds added or opened SJB while 4 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
SJB’s largest tracked holder by dollar value, Trek Financial, LLC, sizes it at 2.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SJB 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 27 tracked filers holding SJB, 19 increased or opened the position and 13 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 SJB 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 7
- Trek Financial, LLC$42M
- ENVESTNET ASSET MANAGEMENT INC$14M
- Thomas J. Herzfeld Advisors, Inc.$12M
- ALTFEST L J & CO INC$5M
- Encompass More Asset Management$2M
- CHOREO, LLC$2M
Full exits 2
- STABLEFORD CAPITAL II LLC$4M
- Tidal Investments LLC$581K
Largest adds
- JANE STREET GROUP, LLC$5M
Largest trims
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$933K
- Elevated Capital Advisors, LLC$494K
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 |
|---|---|---|---|---|
| Trek Financial, LLC added | 2,680,859 | $42M | 40.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 911,828 | $14M | 13.7% | 2026-Q1 |
| Thomas J. Herzfeld Advisors, Inc. added | 796,652 | $12M | 12.0% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 338,062 | $5M | 5.1% | 2026-Q1 |
| ALTFEST L J & CO INC added | 322,259 | $5M | 4.8% | 2026-Q1 |
| Csenge Advisory Group trimmed | 211,833 | $3M | 3.2% | 2026-Q1 |
| Encompass More Asset Management new | 121,499 | $2M | 1.8% | 2026-Q1 |
| CHOREO, LLC added | 107,042 | $2M | 1.6% | 2026-Q1 |
| Solstein Capital, LLC trimmed | 46,191 | $716K | 0.7% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 40,544 | $628K | 0.6% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 35,410 | $549K | 0.5% | 2026-Q1 |
| Bravias Capital Group, LLC new | 10,439 | $162K | 0.2% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 10,000 | $155K | 0.2% | 2026-Q1 |
| Merkkuri Wealth Advisors LLC trimmed | 9,499 | $147K | 0.1% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 4,066 | $63K | 0.1% | 2026-Q1 |
| MCF Advisors LLC new | 1,200 | $19K | 0.0% | 2026-Q1 |
| AE Wealth Management LLC trimmed | 986 | $15K | 0.0% | 2026-Q1 |
| CHILTON CAPITAL MANAGEMENT LLC | 800 | $12K | 0.0% | 2026-Q1 |
| Elevated Capital Advisors, LLC trimmed | 575 | $9K | 0.0% | 2026-Q1 |
| FRANKLIN RESOURCES INC | 500 | $8K | 0.0% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 116 | $2K | 0.0% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec new | 100 | $2K | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 58 | $908 | 0.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 39 | $604 | 0.0% | 2026-Q1 |
| Private Wealth Management Group, LLC new | 30 | $465 | 0.0% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1 | $31 | 0.0% | 2026-Q1 |
| UBS Group AG | 2 | $31 | 0.0% | 2026-Q1 |
| FOURPATH CAPITAL MANAGEMENT, LLC added | 393,663 | $6M | 6.0% | 2025-Q2 stale |
| STABLEFORD CAPITAL II LLC trimmed | 260,865 | $4M | 3.9% | 2025-Q4 stale |
| CITIZENS FINANCIAL GROUP INC/RI trimmed | 124,246 | $2M | 2.0% | 2025-Q1 stale |
| Tidal Investments LLC new | 38,055 | $581K | 0.6% | 2025-Q4 stale |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors new | 28,995 | $467K | 0.5% | 2025-Q1 stale |
| Park Square Financial Group, LLC trimmed | 30,369 | $467K | 0.5% | 2025-Q3 stale |
| Purpose Unlimited Inc. new | 28,846 | $440K | 0.4% | 2025-Q4 stale |
| TWO SIGMA SECURITIES, LLC added | 22,939 | $358K | 0.3% | 2025-Q2 stale |
| Balefire, LLC added | 15,364 | $236K | 0.2% | 2025-Q3 stale |
| HRT FINANCIAL LP trimmed | 15,420 | $235K | 0.2% | 2025-Q4 stale |
| IMC-Chicago, LLC new | 13,894 | $212K | 0.2% | 2025-Q4 stale |
| PFG Investments, LLC | 12,925 | $199K | 0.2% | 2025-Q3 stale |
| Tradewinds, LLC. new | 11,648 | $182K | 0.2% | 2025-Q2 stale |
| SIMPLEX TRADING, LLC added | 10,162 | $155K | 0.2% | 2025-Q4 stale |
| Sound Income Strategies, LLC new | 640 | $10K | 0.0% | 2025-Q4 stale |
| GROUP ONE TRADING LLC new | 200 | $3K | 0.0% | 2025-Q2 stale |
| Aptus Capital Advisors, LLC new | 170 | $3K | 0.0% | 2025-Q2 stale |
| Lord & Richards Wealth Management, LLC new | 43 | $693 | 0.0% | 2025-Q1 stale |
| Mid-American Wealth Advisory Group, Inc. trimmed | 6 | $94 | 0.0% | 2025-Q2 stale |
| Lloyd Advisory Services, LLC. trimmed | 3 | $42 | 0.0% | 2025-Q4 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale |
| CWM, LLC | 10 | — | 0.0% | 2025-Q1 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.