Who owns SPBO
Which tracked institutional funds hold SPBO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SPBO company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 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
44 tracked funds added or opened SPBO while 28 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
SPBO’s largest tracked holder by dollar value, AMERIPRISE FINANCIAL 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 SPBO 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 2026-Q1 and 2026-Q2, across 179 tracked filers holding SPBO, 105 increased or opened the position and 71 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 SPBO between the 2026-Q1 and 2026-Q2 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 9
- Modern Wealth Management, LLC$21M
- Financial Gravity Companies, Inc.$13M
- ALLSTATE CORP$13M
- Hobart Private Capital, LLC$9M
- OLD MISSION CAPITAL LLC$5M
- CITADEL ADVISORS LLC$2M
Full exits 9
- CX Institutional$60M
- Sterling Manor Financial, LLC$20M
- Financial Gravity Asset Management, Inc.$13M
- Thrivent Financial for Lutherans$9M
- CWM, LLC$6M
- HighTower Advisors, LLC$2M
Largest adds
- NEPC LLC$27M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$10M
- AMERIPRISE FINANCIAL INC$8M
- MORGAN STANLEY$7M
- EXCHANGE TRADED CONCEPTS, LLC$6M
- AE Wealth Management LLC$6M
Largest trims
- North Dakota State Investment Board$23M
- CoreCap Advisors, LLC$21M
- Flaharty Asset Management, LLC$20M
- Tradewinds Capital Management, LLC$11M
- BANK OF AMERICA CORP /DE/$10M
- LPL Financial LLC$5M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| AMERIPRISE FINANCIAL INC added | 8,324,643 | $242M | 18.7% | 2026-Q2 |
| LPL Financial LLC trimmed | 2,786,418 | $81M | 6.3% | 2026-Q2 |
| ASSETMARK, INC added | 2,328,329 | $68M | 5.2% | 2026-Q2 |
| AE Wealth Management LLC added | 2,317,936 | $67M | 5.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,914,852 | $56M | 4.3% | 2026-Q2 |
| Procyon Advisors, LLC added | 1,910,729 | $55M | 4.3% | 2026-Q2 |
| ST GERMAIN D J CO INC trimmed | 1,874,355 | $54M | 4.2% | 2026-Q2 |
| Gerber Kawasaki Wealth & Investment Management added | 1,703,349 | $49M | 3.8% | 2026-Q2 |
| NEPC LLC added | 1,669,124 | $48M | 3.8% | 2026-Q2 |
| EXCHANGE TRADED CONCEPTS, LLC added | 1,657,547 | $48M | 3.7% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 1,631,201 | $47M | 3.7% | 2026-Q2 |
| Summit Financial Wealth Advisors, LLC added | 1,189,025 | $35M | 2.7% | 2026-Q2 |
| MORGAN STANLEY added | 1,102,771 | $32M | 2.5% | 2026-Q2 |
| Geneos Wealth Management Inc. added | 1,080,256 | $31M | 2.4% | 2026-Q2 |
| ARKANSAS FINANCIAL GROUP, INC. added | 962,946 | $28M | 2.2% | 2026-Q2 |
| RWA WEALTH PARTNERS, LLC trimmed | 828,567 | $24M | 1.9% | 2026-Q2 |
| Modern Wealth Management, LLC new | 709,247 | $21M | 1.6% | 2026-Q2 |
| Mariner, LLC added | 698,681 | $20M | 1.6% | 2026-Q2 |
| Financial Engines Advisors L.L.C. added | 601,055 | $17M | 1.4% | 2026-Q2 |
| Financial Gravity Companies, Inc. added | 450,676 | $13M | 1.0% | 2026-Q2 |
| ALLSTATE CORP new | 438,111 | $13M | 1.0% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 433,588 | $13M | 1.0% | 2026-Q2 |
| FLAGSHIP HARBOR ADVISORS, LLC added | 415,885 | $12M | 0.9% | 2026-Q2 |
| IHT Wealth Management, LLC added | 393,988 | $11M | 0.9% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 380,197 | $11M | 0.9% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 365,302 | $11M | 0.8% | 2026-Q2 |
| North Dakota State Investment Board trimmed | 311,928 | $9M | 0.7% | 2026-Q2 |
| Hobart Private Capital, LLC added | 307,667 | $9M | 0.7% | 2026-Q2 |
| Valmark Advisers, Inc. trimmed | 296,451 | $9M | 0.7% | 2026-Q2 |
| Foundations Investment Advisors, LLC added | 269,799 | $8M | 0.6% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 261,058 | $8M | 0.6% | 2026-Q2 |
| Jacobi Capital Management LLC added | 231,662 | $7M | 0.5% | 2026-Q2 |
| Private Advisor Group, LLC added | 187,266 | $5M | 0.4% | 2026-Q2 |
| Banque Transatlantique SA added | 180,193 | $5M | 0.4% | 2026-Q2 |
| 5th Street Advisors, LLC added | 178,166 | $5M | 0.4% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 174,195 | $5M | 0.4% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 173,089 | $5M | 0.4% | 2026-Q2 |
| HighPoint Advisor Group LLC trimmed | 172,535 | $5M | 0.4% | 2026-Q2 |
| Melone Private Wealth, LLC added | 169,598 | $5M | 0.4% | 2026-Q2 |
| NorthRock Partners, LLC trimmed | 163,990 | $5M | 0.4% | 2026-Q2 |
| Tidemark, LLC added | 162,442 | $5M | 0.4% | 2026-Q2 |
| OLD MISSION CAPITAL LLC added | 159,916 | $5M | 0.4% | 2026-Q2 |
| Asset Management One Co., Ltd. trimmed | 152,180 | $4M | 0.3% | 2026-Q2 |
| Cetera Investment Advisers added | 151,263 | $4M | 0.3% | 2026-Q2 |
| Breakwater Capital Group trimmed | 140,249 | $4M | 0.3% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 130,896 | $4M | 0.3% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 126,638 | $4M | 0.3% | 2026-Q2 |
| Tradewinds Capital Management, LLC trimmed | 123,188 | $4M | 0.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 115,697 | $3M | 0.3% | 2026-Q2 |
| STATE STREET CORP added | 105,032 | $3M | 0.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 96,975 | $3M | 0.2% | 2026-Q2 |
| RITHOLTZ WEALTH MANAGEMENT trimmed | 88,982 | $3M | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 84,580 | $2M | 0.2% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 79,880 | $2M | 0.2% | 2026-Q2 |
| Savant Capital, LLC added | 71,220 | $2M | 0.2% | 2026-Q2 |
| Ameritas Advisory Services, LLC added | 61,118 | $2M | 0.1% | 2026-Q2 |
| Center For Asset Management LLC added | 59,709 | $2M | 0.1% | 2026-Q2 |
| Flaharty Asset Management, LLC trimmed | 58,923 | $2M | 0.1% | 2026-Q2 |
| Quadrant Private Wealth Management, LLC added | 54,902 | $2M | 0.1% | 2026-Q2 |
| Strategic Investment Advisors / MI added | 53,308 | $2M | 0.1% | 2026-Q2 |
| World Investment Advisors | 52,777 | $2M | 0.1% | 2026-Q2 |
| David Kennon Inc trimmed | 52,207 | $2M | 0.1% | 2026-Q2 |
| LEVEL FOUR ADVISORY SERVICES, LLC trimmed | 48,604 | $1M | 0.1% | 2026-Q2 |
| National Wealth Management Group, LLC trimmed | 48,128 | $1M | 0.1% | 2026-Q2 |
| Compound Planning, Inc. trimmed | 47,574 | $1M | 0.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC | 46,893 | $1M | 0.1% | 2026-Q2 |
| Transamerica Financial Advisors, LLC trimmed | 45,779 | $1M | 0.1% | 2026-Q2 |
| NewEdge Advisors, LLC added | 45,257 | $1M | 0.1% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 43,285 | $1M | 0.1% | 2026-Q2 |
| Advisor Resource Council added | 39,580 | $1M | 0.1% | 2026-Q2 |
| Corient Private Wealth LP added | 34,913 | $1M | 0.1% | 2026-Q2 |
| US BANCORP \DE\ | 34,804 | $1M | 0.1% | 2026-Q2 |
| Keystone Wealth Services, LLC added | 34,019 | $988K | 0.1% | 2026-Q2 |
| Guardian Asset Advisors, LLC trimmed | 31,610 | $918K | 0.1% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 30,380 | $882K | 0.1% | 2026-Q2 |
| Florida Trust Wealth Management Co | 30,000 | $871K | 0.1% | 2026-Q2 |
| Creative Planning added | 29,272 | $850K | 0.1% | 2026-Q2 |
| ZACKS INVESTMENT MANAGEMENT trimmed | 29,132 | $846K | 0.1% | 2026-Q2 |
| CreativeOne Wealth, LLC trimmed | 28,704 | $834K | 0.1% | 2026-Q2 |
| ShoreHaven Wealth Partners, LLC added | 27,777 | $807K | 0.1% | 2026-Q2 |
| Vise Technologies, Inc. new | 23,974 | $696K | 0.1% | 2026-Q2 |
| Alesco Advisors, LLC, An ESL Co trimmed | 23,737 | $689K | 0.1% | 2026-Q2 |
| Detalus Advisors, LLC added | 23,616 | $686K | 0.1% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 22,973 | $667K | 0.1% | 2026-Q2 |
| Laraway Financial Advisors Inc added | 21,774 | $632K | 0.0% | 2026-Q2 |
| INVENIO WEALTH PARTNERS LLC | 21,377 | $621K | 0.0% | 2026-Q2 |
| Sanchez Levi Garrett added | 17,006 | $494K | 0.0% | 2026-Q2 |
| Gateway Wealth Partners, LLC added | 16,151 | $469K | 0.0% | 2026-Q2 |
| Keystone Financial Group added | 15,772 | $458K | 0.0% | 2026-Q2 |
| CITIGROUP INC added | 15,483 | $450K | 0.0% | 2026-Q2 |
| CoreCap Advisors, LLC trimmed | 15,142 | $440K | 0.0% | 2026-Q2 |
| Ascent Group, LLC trimmed | 14,509 | $421K | 0.0% | 2026-Q2 |
| First Heartland Consultants, Inc. added | 13,949 | $405K | 0.0% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 13,850 | $402K | 0.0% | 2026-Q2 |
| Rice Partnership, LLC | 13,356 | $388K | 0.0% | 2026-Q2 |
| Breakwater Investment Management trimmed | 13,089 | $380K | 0.0% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 13,035 | $379K | 0.0% | 2026-Q2 |
| Concurrent Investment Advisors, LLC new | 11,609 | $337K | 0.0% | 2026-Q2 |
| Elevated Capital Advisors, LLC trimmed | 11,279 | $328K | 0.0% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 11,075 | $322K | 0.0% | 2026-Q2 |
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.