Who owns SPBX
Which tracked institutional funds hold SPBX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SPBX company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 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
4 tracked funds added or opened SPBX while 3 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
SPBX’s largest tracked holder by dollar value, Allianz Investment Management U.S. LLC, sizes it at 0.5% 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 SPBX 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 25 tracked filers holding SPBX, 19 increased or opened the position and 8 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 SPBX 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.
Full exits 1
- Cambridge Investment Research Advisors, Inc.$5M
Largest adds
- AE Wealth Management LLC$2M
- ENVESTNET ASSET MANAGEMENT INC$1M
- Mosley Wealth Management$693K
- OSAIC HOLDINGS, INC.$608K
Largest trims
- Allianz SE$994K
- OLD MISSION CAPITAL LLC$269K
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 |
|---|---|---|---|---|
| Allianz SE trimmed | 345,540 | $10M | 21.9% | 2026-Q2 |
| AE Wealth Management LLC added | 184,436 | $5M | 11.7% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 90,516 | $3M | 5.7% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 89,417 | $3M | 5.7% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 41,577 | $1M | 2.6% | 2026-Q2 |
| Mosley Wealth Management added | 25,713 | $750K | 1.6% | 2026-Q2 |
| LPL Financial LLC added | 23,858 | $696K | 1.5% | 2026-Q2 |
| OLD MISSION CAPITAL LLC trimmed | 15,224 | $444K | 1.0% | 2026-Q2 |
| Cetera Investment Advisers new | 12,971 | $378K | 0.8% | 2026-Q2 |
| BridgePort Financial Solutions, LLC added | 12,269 | $358K | 0.8% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC trimmed | 11,210 | $327K | 0.7% | 2026-Q2 |
| HUNTINGTON NATIONAL BANK added | 10,556 | $308K | 0.7% | 2026-Q2 |
| STEPHENS INC /AR/ new | 10,221 | $298K | 0.6% | 2026-Q2 |
| Comprehensive Financial Consultants Institutional, Inc. new | 9,905 | $289K | 0.6% | 2026-Q2 |
| Diversify Advisory Services, LLC new | 9,330 | $273K | 0.6% | 2026-Q2 |
| DIVERSIFY WEALTH MANAGEMENT, LLC new | 9,330 | $273K | 0.6% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC new | 8,931 | $260K | 0.6% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC | 7,607 | $222K | 0.5% | 2026-Q2 |
| Strategic Financial Concepts, LLC new | 7,301 | $213K | 0.5% | 2026-Q2 |
| Lloyd Advisory Services, LLC. trimmed | 6,970 | $203K | 0.4% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 3,275 | $96K | 0.2% | 2026-Q2 |
| IFP Advisors, Inc added | 1,841 | $54K | 0.1% | 2026-Q2 |
| Key Capital Management, INC added | 776 | $23K | 0.0% | 2026-Q2 |
| UBS Group AG added | 201 | $6K | 0.0% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. | 91 | $3K | 0.0% | 2026-Q2 |
| Cambridge Investment Research Advisors, Inc. trimmed | 169,589 | $5M | 9.9% | 2026-Q1 stale (1 quarter behind) |
| CENTAURUS FINANCIAL, INC. added | 8,033 | $217K | 0.5% | 2026-Q1 stale (1 quarter behind) |
| Patriot Financial Group Insurance Agency, LLC trimmed | 7,840 | $211K | 0.5% | 2026-Q1 stale (1 quarter behind) |
| Ameritas Advisory Services, LLC new | 361 | $10K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Kestra Advisory Services, LLC new | 5,122 | $141K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| Allianz Investment Management U.S. LLC trimmed | 463,040 | $12M | 27.0% | 2025-Q3 stale (3 quarters behind) |
| Consolidated Portfolio Review Corp new | 10,248 | $275K | 0.6% | 2025-Q3 stale (3 quarters behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 9,510 | $255K | 0.6% | 2025-Q3 stale (3 quarters behind) |
| EVOLUTION WEALTH MANAGEMENT INC. new | 955 | $26K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Atria Wealth Solutions, Inc. | 19,049 | $493K | 1.1% | 2025-Q2 stale (4 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.