Who owns SPBU
Which tracked institutional funds hold SPBU, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SPBU company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-21). 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 SPBU is one-sided between 2026-Q1 and 2026-Q2: 16 added or opened and 4 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
SPBU’s largest tracked holder by dollar value, Savant Capital, LLC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SPBU 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 43 tracked filers holding SPBU, 30 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 SPBU 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 2
- VIMA LLC$2M
- RFG Advisory, LLC$813K
Full exits 1
- Cambridge Investment Research Advisors, Inc.$794K
Largest adds
- Savant Capital, LLC$9M
- Transcendent Capital Group LLC$2M
- Cetera Investment Advisers$2M
- ENVESTNET ASSET MANAGEMENT INC$1M
- OPTIMA CAPITAL LLC$1M
- HARBOUR INVESTMENTS, INC.$995K
Largest trims
- OSAIC HOLDINGS, INC.$2M
- Allianz SE$1M
- Patriot Financial Group Insurance Agency, LLC$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 |
|---|---|---|---|---|
| Savant Capital, LLC added | 1,216,249 | $37M | 26.2% | 2026-Q2 |
| Transcendent Capital Group LLC added | 632,250 | $19M | 13.6% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 263,974 | $8M | 5.7% | 2026-Q2 |
| OPTIMA CAPITAL LLC added | 261,390 | $8M | 5.6% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 252,150 | $8M | 5.4% | 2026-Q2 |
| Cetera Investment Advisers added | 245,920 | $7M | 5.3% | 2026-Q2 |
| Advisory Services Network, LLC trimmed | 203,241 | $6M | 4.4% | 2026-Q2 |
| Core Wealth Advisors, Inc. added | 197,846 | $6M | 4.3% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 191,804 | $6M | 4.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 154,571 | $5M | 3.3% | 2026-Q2 |
| Patriot Financial Group Insurance Agency, LLC trimmed | 114,564 | $3M | 2.5% | 2026-Q2 |
| CGN Advisors LLC added | 89,480 | $3M | 1.9% | 2026-Q2 |
| VIMA LLC new | 65,164 | $2M | 1.4% | 2026-Q2 |
| Stonebridge Financial Group, LLC / MO trimmed | 46,589 | $1M | 1.0% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 41,991 | $1M | 0.9% | 2026-Q2 |
| SageGuard Financial Group, LLC added | 31,863 | $964K | 0.7% | 2026-Q2 |
| Madrona Financial Services, LLC | 31,712 | $959K | 0.7% | 2026-Q2 |
| STEPHENS INC /AR/ added | 28,486 | $861K | 0.6% | 2026-Q2 |
| Capital Investment Advisory Services, LLC added | 28,015 | $847K | 0.6% | 2026-Q2 |
| AE Wealth Management LLC added | 27,057 | $818K | 0.6% | 2026-Q2 |
| RFG Advisory, LLC new | 26,888 | $813K | 0.6% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 24,516 | $741K | 0.5% | 2026-Q2 |
| Guardian Capital, LLC trimmed | 21,635 | $654K | 0.5% | 2026-Q2 |
| Strategic Financial Concepts, LLC | 21,003 | $635K | 0.5% | 2026-Q2 |
| Discipline Wealth Solutions, LLC added | 17,185 | $520K | 0.4% | 2026-Q2 |
| MAI Capital Management | 14,923 | $451K | 0.3% | 2026-Q2 |
| Clear Creek Financial Management, LLC | 14,520 | $439K | 0.3% | 2026-Q2 |
| LPL Financial LLC | 12,561 | $380K | 0.3% | 2026-Q2 |
| NewEdge Advisors, LLC new | 11,990 | $363K | 0.3% | 2026-Q2 |
| Bank of New York Mellon Corp new | 10,131 | $306K | 0.2% | 2026-Q2 |
| Envision Financial Transparency, LLC new | 9,221 | $279K | 0.2% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC new | 7,100 | $215K | 0.2% | 2026-Q2 |
| Accurate Wealth Management, LLC new | 6,979 | $212K | 0.2% | 2026-Q2 |
| SMITH, MOORE & CO. new | 6,950 | $210K | 0.1% | 2026-Q2 |
| Allianz SE trimmed | 5,000 | $151K | 0.1% | 2026-Q2 |
| Mosley Wealth Management new | 3,826 | $116K | 0.1% | 2026-Q2 |
| Arax Advisory Partners new | 3,316 | $100K | 0.1% | 2026-Q2 |
| IFP Advisors, Inc added | 1,731 | $52K | 0.0% | 2026-Q2 |
| Lloyd Advisory Services, LLC. trimmed | 1,025 | $31K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 989 | $30K | 0.0% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS new | 335 | $10K | 0.0% | 2026-Q2 |
| Key Capital Management, INC added | 112 | $3K | 0.0% | 2026-Q2 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | 42 | $1K | 0.0% | 2026-Q2 |
| Cambridge Investment Research Advisors, Inc. trimmed | 29,214 | $794K | 0.6% | 2026-Q1 stale (1 quarter behind) |
| OLD MISSION CAPITAL LLC trimmed | 12,484 | $339K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 10,477 | $285K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| JANE STREET GROUP, LLC trimmed | 8,146 | $221K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Capital Analysts, LLC new | 4,785 | $130K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Ameritas Advisory Services, LLC new | 352 | $10K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Kestra Advisory Services, LLC new | 3,053 | $86K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Beacon Capital Management, Inc. added | 1,535 | $43K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Allianz Investment Management U.S. LLC trimmed | 230,632 | $6M | 4.6% | 2025-Q3 stale (3 quarters behind) |
| Consolidated Portfolio Review Corp new | 15,962 | $442K | 0.3% | 2025-Q3 stale (3 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.