Who owns SPB (SPB)
Which tracked institutional funds hold SPB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SPB 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 SPB is one-sided between 2025-Q4 and 2026-Q1: 102 added or opened and 22 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
SPB’s largest tracked holder by dollar value, PZENA INVESTMENT MANAGEMENT LLC, sizes it at 0.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SPB 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 285 tracked filers holding SPB, 136 increased or opened the position and 134 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 SPB 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 32
- VANGUARD PORTFOLIO MANAGEMENT LLC$107M
- VANGUARD CAPITAL MANAGEMENT LLC$74M
- NORGES BANK$23M
- Man Group plc$16M
- VANGUARD FIDUCIARY TRUST CO$11M
- Hillsdale Investment Management Inc.$7M
Full exits 7
- VANGUARD GROUP INC$142M
- TWO SIGMA ADVISERS, LP$17M
- Pacer Advisors, Inc.$6M
- CastleKnight Management LP$5M
- OP Asset Management Ltd$1M
- Vest Financial, LLC$1M
Largest adds
- LSV ASSET MANAGEMENT$40M
- PZENA INVESTMENT MANAGEMENT LLC$30M
- Callodine Capital Management, LP$29M
- GOLDMAN SACHS GROUP INC$26M
- MILLENNIUM MANAGEMENT LLC$17M
- BlackRock, Inc.$15M
Largest trims
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$401M
- FIRST TRUST ADVISORS LP$13M
- TWO SIGMA INVESTMENTS, LP$10M
- VOLORIDGE INVESTMENT MANAGEMENT, LLC$10M
- BARCLAYS PLC$2M
- Bank of New York Mellon Corp$1M
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 |
|---|---|---|---|---|
| PZENA INVESTMENT MANAGEMENT LLC trimmed | 2,338,423 | $172M | 7.8% | 2026-Q1 |
| Callodine Capital Management, LP trimmed | 2,048,783 | $151M | 6.8% | 2026-Q1 |
| BlackRock, Inc. trimmed | 1,848,692 | $136M | 6.2% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC trimmed | 1,688,793 | $124M | 5.6% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 1,445,871 | $107M | 4.8% | 2026-Q1 |
| LSV ASSET MANAGEMENT added | 1,030,240 | $76M | 3.4% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 1,010,719 | $74M | 3.4% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 930,952 | $69M | 3.1% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 799,213 | $59M | 2.7% | 2026-Q1 |
| Quantinno Capital Management LP trimmed | 660,384 | $49M | 2.2% | 2026-Q1 |
| DME Capital Management, LP trimmed | 650,359 | $48M | 2.2% | 2026-Q1 |
| Alberta Investment Management Corp trimmed | 607,469 | $45M | 2.0% | 2026-Q1 |
| STATE STREET CORP trimmed | 590,739 | $44M | 2.0% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 566,028 | $42M | 1.9% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 529,863 | $39M | 1.8% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 490,383 | $36M | 1.6% | 2026-Q1 |
| UBS Group AG added | 470,110 | $35M | 1.6% | 2026-Q1 |
| SYSTEMATIC FINANCIAL MANAGEMENT LP trimmed | 361,425 | $27M | 1.2% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 353,397 | $26M | 1.2% | 2026-Q1 |
| GAMCO INVESTORS, INC. ET AL trimmed | 350,391 | $26M | 1.2% | 2026-Q1 |
| MANNING & NAPIER ADVISORS LLC added | 320,000 | $24M | 1.1% | 2026-Q1 |
| NORGES BANK added | 320,133 | $23M | 1.0% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 284,451 | $21M | 0.9% | 2026-Q1 |
| GABELLI FUNDS LLC added | 240,585 | $18M | 0.8% | 2026-Q1 |
| FMR LLC trimmed | 235,958 | $17M | 0.8% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 233,397 | $17M | 0.8% | 2026-Q1 |
| First Eagle Investment Management, LLC added | 232,272 | $17M | 0.8% | 2026-Q1 |
| NORTHERN TRUST CORP added | 230,975 | $17M | 0.8% | 2026-Q1 |
| Man Group plc added | 221,474 | $16M | 0.7% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 212,422 | $16M | 0.7% | 2026-Q1 |
| Newtyn Management, LLC trimmed | 185,012 | $14M | 0.6% | 2026-Q1 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC added | 170,232 | $13M | 0.6% | 2026-Q1 |
| MORGAN STANLEY trimmed | 169,852 | $13M | 0.6% | 2026-Q1 |
| Parkwood LLC trimmed | 163,541 | $12M | 0.5% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 161,325 | $12M | 0.5% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 154,444 | $11M | 0.5% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 153,529 | $11M | 0.5% | 2026-Q1 |
| MONIMUS CAPITAL MANAGEMENT, LP trimmed | 148,767 | $11M | 0.5% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 148,735 | $11M | 0.5% | 2026-Q1 |
| THOMPSON SIEGEL & WALMSLEY LLC trimmed | 140,995 | $10M | 0.5% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 137,606 | $10M | 0.5% | 2026-Q1 |
| Cambria Investment Management, L.P. trimmed | 134,185 | $10M | 0.4% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 129,703 | $10M | 0.4% | 2026-Q1 |
| Trexquant Investment LP trimmed | 115,372 | $9M | 0.4% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 109,519 | $8M | 0.4% | 2026-Q1 |
| Hillsdale Investment Management Inc. added | 100,600 | $7M | 0.3% | 2026-Q1 |
| Empowered Funds, LLC added | 93,632 | $7M | 0.3% | 2026-Q1 |
| SEI INVESTMENTS CO added | 92,706 | $7M | 0.3% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 91,531 | $7M | 0.3% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 84,058 | $6M | 0.3% | 2026-Q1 |
| Generali Investments CEE, investicni spolecnost, a.s. added | 74,956 | $6M | 0.2% | 2026-Q1 |
| Invesco Ltd. trimmed | 74,870 | $6M | 0.2% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 74,623 | $5M | 0.2% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 74,595 | $5M | 0.2% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 72,856 | $5M | 0.2% | 2026-Q1 |
| MAVERICK CAPITAL LTD added | 67,826 | $5M | 0.2% | 2026-Q1 |
| Boston Partners added | 66,585 | $5M | 0.2% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 65,674 | $5M | 0.2% | 2026-Q1 |
| FRANKLIN RESOURCES INC trimmed | 65,009 | $5M | 0.2% | 2026-Q1 |
| Allianz Asset Management GmbH added | 64,929 | $5M | 0.2% | 2026-Q1 |
| GREAT LAKES ADVISORS, LLC added | 62,807 | $5M | 0.2% | 2026-Q1 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added | 56,326 | $4M | 0.2% | 2026-Q1 |
| Woodline Partners LP trimmed | 51,188 | $4M | 0.2% | 2026-Q1 |
| Nuveen, LLC trimmed | 49,912 | $4M | 0.2% | 2026-Q1 |
| Swiss National Bank trimmed | 43,899 | $3M | 0.1% | 2026-Q1 |
| HSBC HOLDINGS PLC added | 43,257 | $3M | 0.1% | 2026-Q1 |
| Universal- Beteiligungs- und Servicegesellschaft mbH added | 41,819 | $3M | 0.1% | 2026-Q1 |
| PANAGORA ASSET MANAGEMENT INC trimmed | 40,088 | $3M | 0.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 38,763 | $3M | 0.1% | 2026-Q1 |
| PRELUDE CAPITAL MANAGEMENT, LLC added | 38,300 | $3M | 0.1% | 2026-Q1 |
| CAPITAL FUND MANAGEMENT S.A. trimmed | 37,205 | $3M | 0.1% | 2026-Q1 |
| WEDGE CAPITAL MANAGEMENT L L P/NC trimmed | 36,649 | $3M | 0.1% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC added | 35,901 | $3M | 0.1% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 35,318 | $3M | 0.1% | 2026-Q1 |
| Summit Trail Advisors, LLC added | 34,975 | $3M | 0.1% | 2026-Q1 |
| IEQ CAPITAL, LLC trimmed | 34,223 | $3M | 0.1% | 2026-Q1 |
| RICE HALL JAMES & ASSOCIATES, LLC added | 32,050 | $2M | 0.1% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 31,350 | $2M | 0.1% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 30,754 | $2M | 0.1% | 2026-Q1 |
| Edgestream Partners, L.P. trimmed | 30,174 | $2M | 0.1% | 2026-Q1 |
| Mitsubishi UFJ Trust & Banking Corp added | 29,545 | $2M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 2,409,389 | $142M | 6.4% | 2025-Q4 stale |
| ARMISTICE CAPITAL, LLC added | 691,000 | $49M | 2.2% | 2025-Q1 stale |
| Allspring Global Investments Holdings, LLC trimmed | 701,646 | $39M | 1.8% | 2025-Q2 stale |
| TWO SIGMA ADVISERS, LP trimmed | 291,000 | $17M | 0.8% | 2025-Q4 stale |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 290,737 | $15M | 0.7% | 2025-Q2 stale |
| FIL Ltd trimmed | 169,693 | $12M | 0.5% | 2025-Q1 stale |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 223,126 | $12M | 0.5% | 2025-Q2 stale |
| Keeley-Teton Advisors, LLC trimmed | 102,213 | $7M | 0.3% | 2025-Q1 stale |
| Pacer Advisors, Inc. added | 105,650 | $6M | 0.3% | 2025-Q4 stale |
| Phocas Financial Corp. trimmed | 81,688 | $6M | 0.3% | 2025-Q1 stale |
| CastleKnight Management LP trimmed | 84,800 | $5M | 0.2% | 2025-Q4 stale |
| ExodusPoint Capital Management, LP trimmed | 51,478 | $4M | 0.2% | 2025-Q1 stale |
| Brevan Howard Capital Management LP added | 64,824 | $3M | 0.2% | 2025-Q2 stale |
| Redwood Investment Management, LLC trimmed | 60,474 | $3M | 0.1% | 2025-Q3 stale |
| Rovida Advisors Inc. added | 60,000 | $3M | 0.1% | 2025-Q3 stale |
| Campbell & CO Investment Adviser LLC added | 39,167 | $3M | 0.1% | 2025-Q1 stale |
| Magnetar Financial LLC added | 38,738 | $3M | 0.1% | 2025-Q1 stale |
| Point72 Asset Management, L.P. added | 43,012 | $2M | 0.1% | 2025-Q3 stale |
| Cubist Systematic Strategies, LLC trimmed | 26,157 | $2M | 0.1% | 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.