Who owns SPD
Which tracked institutional funds hold SPD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SPD 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
11 tracked funds added or opened SPD while 4 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
SPD’s largest tracked holder by dollar value, COMMONWEALTH EQUITY SERVICES, LLC, 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 SPD 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 46 tracked filers holding SPD, 22 increased or opened the position and 19 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 SPD 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 1
- O'SHAUGHNESSY ASSET MANAGEMENT, LLC$515K
Full exits 1
- JANE STREET GROUP, LLC$650K
Largest adds
- Lloyd Advisory Services, LLC.$2M
- COMMONWEALTH EQUITY SERVICES, LLC$1M
- EVOLUTION WEALTH MANAGEMENT INC.$872K
- AE Wealth Management LLC$839K
- Independent Wealth Advisors LLC$791K
- Ironsides Asset Advisors, LLC$592K
Largest trims
- LPL Financial LLC$6M
- OLD MISSION CAPITAL LLC$1M
- Compound Planning, Inc.$429K
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 |
|---|---|---|---|---|
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 287,930 | $12M | 17.1% | 2026-Q2 |
| Authentikos Wealth Advisory, LLC trimmed | 180,995 | $8M | 10.8% | 2026-Q2 |
| AE Wealth Management LLC trimmed | 179,266 | $7M | 10.7% | 2026-Q2 |
| Independent Wealth Advisors LLC added | 149,614 | $6M | 8.9% | 2026-Q2 |
| EVOLUTION WEALTH MANAGEMENT INC. added | 135,699 | $6M | 8.1% | 2026-Q2 |
| Ironsides Asset Advisors, LLC added | 115,625 | $5M | 6.9% | 2026-Q2 |
| LPL Financial LLC trimmed | 74,260 | $3M | 4.4% | 2026-Q2 |
| Austin Wealth Management, LLC added | 52,668 | $2M | 3.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC | 41,493 | $2M | 2.5% | 2026-Q2 |
| Lloyd Advisory Services, LLC. added | 40,732 | $2M | 2.4% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 32,922 | $1M | 2.0% | 2026-Q2 |
| Park Edge Advisors, LLC added | 30,756 | $1M | 1.8% | 2026-Q2 |
| ENTREWEALTH, LLC added | 24,188 | $1M | 1.5% | 2026-Q2 |
| Elevated Capital Advisors, LLC trimmed | 22,064 | $915K | 1.3% | 2026-Q2 |
| B.O.S.S. Retirement Advisors, LLC trimmed | 21,787 | $904K | 1.3% | 2026-Q2 |
| Compound Planning, Inc. trimmed | 19,952 | $828K | 1.2% | 2026-Q2 |
| Fiduciary Alliance LLC added | 19,237 | $798K | 1.1% | 2026-Q2 |
| HOWARD BAILEY SECURITIES, LLC trimmed | 17,062 | $708K | 1.0% | 2026-Q2 |
| INSIGNEO ADVISORY SERVICES, LLC | 16,220 | $673K | 1.0% | 2026-Q2 |
| OLD MISSION CAPITAL LLC trimmed | 13,384 | $555K | 0.8% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC new | 12,417 | $515K | 0.7% | 2026-Q2 |
| McCartney Wealth Management LLC | 10,858 | $450K | 0.6% | 2026-Q2 |
| Integrated Wealth Management added | 9,071 | $376K | 0.5% | 2026-Q2 |
| Dynamic Advisor Solutions LLC | 8,166 | $339K | 0.5% | 2026-Q2 |
| Centennial Advisors, LLC added | 7,925 | $329K | 0.5% | 2026-Q2 |
| TOUNJIAN ADVISORY PARTNERS, LLC new | 7,806 | $324K | 0.5% | 2026-Q2 |
| LifeWealth Investments, LLC trimmed | 6,722 | $279K | 0.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 5,886 | $244K | 0.4% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC new | 4,862 | $202K | 0.3% | 2026-Q2 |
| IFG Advisory, LLC new | 2,817 | $117K | 0.2% | 2026-Q2 |
| Montgomery Financial Services LLC new | 2,435 | $101K | 0.1% | 2026-Q2 |
| Kingdom Financial Group LLC. trimmed | 1,766 | $73K | 0.1% | 2026-Q2 |
| MORGAN STANLEY | 737 | $31K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA | 700 | $29K | 0.0% | 2026-Q2 |
| Networth Advisors, LLC trimmed | 614 | $25K | 0.0% | 2026-Q2 |
| ROTHSCHILD INVESTMENT LLC | 231 | $10K | 0.0% | 2026-Q2 |
| Quest 10 Wealth Builders, Inc. trimmed | 199 | $8K | 0.0% | 2026-Q2 |
| IFP Advisors, Inc | 148 | $6K | 0.0% | 2026-Q2 |
| UBS Group AG added | 115 | $5K | 0.0% | 2026-Q2 |
| Decker Retirement Planning Inc. added | 115 | $5K | 0.0% | 2026-Q2 |
| Noble Wealth Management PBC | 55 | $2K | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 53 | $2K | 0.0% | 2026-Q2 |
| Geneos Wealth Management Inc. added | 45 | $2K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 25 | $1K | 0.0% | 2026-Q2 |
| ASSETMARK, INC | 9 | $373 | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC trimmed | 3 | $124 | 0.0% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 17,867 | $650K | 0.9% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC trimmed | 1,340 | $49K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| NBC SECURITIES, INC. | 380 | $14K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| HANTZ FINANCIAL SERVICES, INC. new | 17 | $1K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Allworth Financial LP | 1 | $35 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| GTS SECURITIES LLC new | 24,985 | $981K | 1.4% | 2025-Q4 stale (2 quarters behind) |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 21,727 | $868K | 1.2% | 2025-Q4 stale (2 quarters behind) |
| Sollinda Capital Management LLC | 14,197 | $557K | 0.8% | 2025-Q4 stale (2 quarters behind) |
| Kathmere Capital Management, LLC | 7,676 | $301K | 0.4% | 2025-Q4 stale (2 quarters behind) |
| Pathway Financial Advisors LLC trimmed | 7,090 | $283K | 0.4% | 2025-Q4 stale (2 quarters behind) |
| HighTower Advisors, LLC trimmed | 5,119 | $201K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| CIBC Private Wealth Group LLC | 650 | $26K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| CITADEL ADVISORS LLC trimmed | 11,740 | $464K | 0.7% | 2025-Q3 stale (3 quarters behind) |
| Great Lakes Retirement, Inc. trimmed | 5,235 | $207K | 0.3% | 2025-Q3 stale (3 quarters behind) |
| Richard W. Paul & Associates, LLC | 46 | $2K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Pineridge Advisors LLC | 8 | $318 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Bison Wealth, LLC trimmed | 7,894 | $299K | 0.4% | 2025-Q2 stale (4 quarters behind) |
| Transce3nd, LLC added | 782 | $30K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| Park Square Financial Group, LLC added | 280 | $11K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| Global Retirement Partners, LLC new | 39 | $1K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| Capital A Wealth Management, LLC trimmed | 10 | $287 | 0.0% | 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.