Who owns SPDN
Which tracked institutional funds hold SPDN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SPDN company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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
9 tracked funds added or opened SPDN while 15 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
SPDN’s largest tracked holder by dollar value, Rockport Wealth LLC, sizes it at 4.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 4.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SPDN 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 54 tracked filers holding SPDN, 27 increased or opened the position and 28 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 SPDN 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 5
- Robinson Value Management, Ltd.$18M
- NewEdge Advisors, LLC$5M
- Wise Wealth Partners$3M
- JANE STREET GROUP, LLC$2M
- Jump Financial, LLC$2M
Full exits 4
- Rockport Wealth LLC$29M
- Ascentis Independent Advisors$2M
- January Capital Advisors LLC$2M
- Tidal Investments LLC$1M
Largest adds
- ONE PLUS ONE WEALTH MANAGEMENT, LLC$2M
- MERCER GLOBAL ADVISORS INC /ADV$651K
- AXXCESS WEALTH MANAGEMENT, LLC$452K
- SHEPHERD KAPLAN KROCHUK, LLC$337K
Largest trims
- IMC-Chicago, LLC$7M
- CITADEL ADVISORS LLC$6M
- LEUTHOLD GROUP, LLC$4M
- XTX Topco Ltd$1M
- LPL Financial LLC$1M
- ENVESTNET ASSET MANAGEMENT INC$698K
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 |
|---|---|---|---|---|
| LEUTHOLD GROUP, LLC trimmed | 3,035,510 | $26M | 17.0% | 2026-Q2 |
| Robinson Value Management, Ltd. new | 2,090,279 | $18M | 11.7% | 2026-Q2 |
| ONE PLUS ONE WEALTH MANAGEMENT, LLC added | 1,789,101 | $16M | 10.0% | 2026-Q2 |
| NewEdge Advisors, LLC added | 569,021 | $5M | 3.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 529,597 | $5M | 3.0% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 473,825 | $4M | 2.7% | 2026-Q2 |
| AXXCESS WEALTH MANAGEMENT, LLC added | 304,253 | $3M | 1.7% | 2026-Q2 |
| Wise Wealth Partners new | 298,975 | $3M | 1.7% | 2026-Q2 |
| IMC-Chicago, LLC trimmed | 266,397 | $2M | 1.5% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 233,080 | $2M | 1.3% | 2026-Q2 |
| Jump Financial, LLC trimmed | 224,771 | $2M | 1.3% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 223,660 | $2M | 1.3% | 2026-Q2 |
| SHEPHERD KAPLAN KROCHUK, LLC added | 193,457 | $2M | 1.1% | 2026-Q2 |
| Cushing Capital Partners, LLC added | 178,621 | $2M | 1.0% | 2026-Q2 |
| CHOREO, LLC trimmed | 153,674 | $1M | 0.9% | 2026-Q2 |
| LPL Financial LLC trimmed | 151,497 | $1M | 0.8% | 2026-Q2 |
| Moors & Cabot, Inc. trimmed | 145,462 | $1M | 0.8% | 2026-Q2 |
| Allred Capital Management, LLC trimmed | 135,607 | $1M | 0.8% | 2026-Q2 |
| VERUS CAPITAL PARTNERS, LLC trimmed | 130,413 | $1M | 0.7% | 2026-Q2 |
| Maltin Wealth Management, Inc. added | 124,831 | $1M | 0.7% | 2026-Q2 |
| Fortis Advisors, LLC added | 103,130 | $894K | 0.6% | 2026-Q2 |
| 4WEALTH ADVISORS, INC. trimmed | 80,212 | $701K | 0.5% | 2026-Q2 |
| Resonant Capital Advisors, LLC | 51,477 | $446K | 0.3% | 2026-Q2 |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors trimmed | 41,846 | $363K | 0.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC new | 41,494 | $360K | 0.2% | 2026-Q2 |
| Daytona Street Capital LLC new | 38,800 | $334K | 0.2% | 2026-Q2 |
| TWO SIGMA SECURITIES, LLC trimmed | 37,060 | $321K | 0.2% | 2026-Q2 |
| XTX Topco Ltd trimmed | 33,894 | $294K | 0.2% | 2026-Q2 |
| GTS SECURITIES LLC trimmed | 33,713 | $292K | 0.2% | 2026-Q2 |
| ASPIRIANT, LLC | 29,790 | $258K | 0.2% | 2026-Q2 |
| HARMONY ASSET MANAGEMENT LLC trimmed | 26,489 | $230K | 0.1% | 2026-Q2 |
| MOULTON WEALTH MANAGEMENT, INC trimmed | 25,014 | $217K | 0.1% | 2026-Q2 |
| StoneX Group Inc. added | 21,796 | $189K | 0.1% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 20,751 | $180K | 0.1% | 2026-Q2 |
| Belpointe Asset Management LLC | 20,110 | $174K | 0.1% | 2026-Q2 |
| HBK Sorce Advisory LLC | 20,000 | $169K | 0.1% | 2026-Q2 |
| Lifeworks Advisors, LLC trimmed | 18,243 | $158K | 0.1% | 2026-Q2 |
| Quadrature Capital Ltd trimmed | 17,100 | $148K | 0.1% | 2026-Q2 |
| VIMA LLC new | 16,890 | $146K | 0.1% | 2026-Q2 |
| Waverly Advisors, LLC added | 14,068 | $122K | 0.1% | 2026-Q2 |
| Strait & Sound Wealth Management LLC added | 11,000 | $95K | 0.1% | 2026-Q2 |
| Cornerstone Wealth Management, LLC | 11,000 | $95K | 0.1% | 2026-Q2 |
| Capstone Financial Advisors, Inc. trimmed | 10,082 | $87K | 0.1% | 2026-Q2 |
| Mirae Asset Global Investments Co., Ltd. trimmed | 10,000 | $87K | 0.1% | 2026-Q2 |
| SIMPLEX TRADING, LLC added | 7,966 | $69K | 0.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC | 5,149 | $45K | 0.0% | 2026-Q2 |
| UBS Group AG added | 3,218 | $28K | 0.0% | 2026-Q2 |
| Spire Wealth Management added | 977 | $8K | 0.0% | 2026-Q2 |
| SBI Securities Co., Ltd. trimmed | 842 | $7K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC new | 500 | $4K | 0.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 137 | $1K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO | 13 | $114 | 0.0% | 2026-Q2 |
| MORGAN STANLEY | 2 | $17 | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN | 1 | $10 | 0.0% | 2026-Q2 |
| Rockport Wealth LLC added | 2,904,522 | $29M | 18.7% | 2026-Q1 stale (1 quarter behind) |
| Ascentis Independent Advisors new | 223,814 | $2M | 1.4% | 2026-Q1 stale (1 quarter behind) |
| January Capital Advisors LLC new | 198,739 | $2M | 1.3% | 2026-Q1 stale (1 quarter behind) |
| Tidal Investments LLC added | 135,734 | $1M | 0.9% | 2026-Q1 stale (1 quarter behind) |
| Galvin, Gaustad & Stein, LLC added | 47,931 | $477K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 42,230 | $420K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| FLOW TRADERS U.S. LLC trimmed | 37,436 | $372K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| A. D. Beadell Investment Counsel, Inc. added | 20,000 | $199K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Advisory Services Network, LLC trimmed | 3,403 | $34K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Qube Research & Technologies Ltd trimmed | 2,099 | $21K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| SB Capital Management Inc new | 109,330 | $1M | 0.7% | 2025-Q4 stale (2 quarters behind) |
| Virtu Financial LLC added | 97,579 | $920K | 0.6% | 2025-Q4 stale (2 quarters behind) |
| ORG Partners LLC trimmed | 2,211 | $21K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Arkadios Wealth Advisors added | 894,034 | $9M | 5.6% | 2025-Q3 stale (3 quarters behind) |
| HRT FINANCIAL LP trimmed | 129,356 | $1M | 0.8% | 2025-Q3 stale (3 quarters behind) |
| Texas Yale Capital Corp. new | 100,000 | $961K | 0.6% | 2025-Q3 stale (3 quarters behind) |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 70,700 | $679K | 0.4% | 2025-Q3 stale (3 quarters behind) |
| Beacon Pointe Advisors, LLC trimmed | 14,800 | $142K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| AllSquare Wealth Management LLC | 100 | $961 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Darwin Wealth Management, LLC | 87 | $836 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Avior Wealth Management, LLC added | 27,098 | $279K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| IHT Wealth Management, LLC new | 15,400 | $159K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| Intellectus Partners, LLC new | 15,000 | $157K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| NovaPoint Capital, LLC trimmed | 14,107 | $145K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| ALLIUM FINANCIAL ADVISORS, LLC | 10,716 | $110K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| Focus Partners Wealth trimmed | 10,621 | $109K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. | 420 | $4K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| OSAIC HOLDINGS, INC. | 225 | $2K | 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.