Who owns SPEM
Which tracked institutional funds hold SPEM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SPEM 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
The tracked-fund tape on SPEM is one-sided between 2026-Q1 and 2026-Q2: 348 added or opened and 101 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
SPEM’s largest tracked holder by dollar value, Creative Planning, sizes it at 0.6% of its own reported 13F book, while the median holder sizes it at 0.7% of theirs — a 0.1pp gap the other way — the median holder sizes SPEM more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in SPEM 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 1006 tracked filers holding SPEM, 530 increased or opened the position and 426 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 SPEM 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 28
- Global Retirement Partners, LLC$19M
- Financial Gravity Companies, Inc.$16M
- TORONTO DOMINION BANK$8M
- SMART Wealth LLC$4M
- CAPE COD FIVE CENTS SAVINGS BANK$4M
- LARCH CAPITAL PARTNERS LLC$4M
Full exits 39
- CWM, LLC$140M
- HighTower Advisors, LLC$134M
- Betterment LLC$101M
- Cambridge Investment Research Advisors, Inc.$38M
- PARK AVENUE SECURITIES LLC$33M
- Thrivent Financial for Lutherans$27M
Largest adds
- GOLDMAN SACHS GROUP INC$276M
- LPL Financial LLC$143M
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC$116M
- Creative Planning$87M
- MORGAN STANLEY$67M
- STATE STREET CORP$41M
Largest trims
- Financial Engines Advisors L.L.C.$588M
- Allworth Financial LP$64M
- Advocacy Wealth Management, LLC$48M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$39M
- Koss-Olinger Consulting, LLC$35M
- Mariner, LLC$24M
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 |
|---|---|---|---|---|
| Creative Planning trimmed | 21,397,101 | $1.1B | 11.3% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 18,828,888 | $975M | 10.0% | 2026-Q2 |
| LPL Financial LLC added | 17,883,639 | $926M | 9.5% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 11,142,176 | $577M | 5.9% | 2026-Q2 |
| MORGAN STANLEY added | 9,425,063 | $488M | 5.0% | 2026-Q2 |
| Allworth Financial LP trimmed | 7,221,745 | $374M | 3.8% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 7,088,993 | $367M | 3.7% | 2026-Q2 |
| STATE STREET CORP added | 5,231,398 | $271M | 2.8% | 2026-Q2 |
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC trimmed | 4,126,010 | $214M | 2.2% | 2026-Q2 |
| Financial Engines Advisors L.L.C. trimmed | 3,892,454 | $202M | 2.1% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 3,484,842 | $181M | 1.8% | 2026-Q2 |
| Cerity Partners LLC added | 3,376,307 | $175M | 1.8% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 3,360,781 | $174M | 1.8% | 2026-Q2 |
| Horizon Investments, LLC trimmed | 3,348,734 | $173M | 1.8% | 2026-Q2 |
| VANTAGEPOINT INVESTMENT ADVISERS LLC added | 2,423,495 | $125M | 1.3% | 2026-Q2 |
| UBS Group AG added | 2,398,745 | $124M | 1.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 2,333,463 | $121M | 1.2% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 2,235,419 | $116M | 1.2% | 2026-Q2 |
| Focus Partners Wealth trimmed | 2,148,441 | $111M | 1.1% | 2026-Q2 |
| Envestnet Portfolio Solutions, Inc. added | 2,123,055 | $110M | 1.1% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 1,938,678 | $100M | 1.0% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 1,839,674 | $95M | 1.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 1,590,899 | $82M | 0.8% | 2026-Q2 |
| ASSETMARK, INC added | 1,506,098 | $78M | 0.8% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 1,406,955 | $73M | 0.7% | 2026-Q2 |
| Private Advisor Group, LLC added | 1,382,153 | $72M | 0.7% | 2026-Q2 |
| Advisory Alpha, LLC added | 1,335,026 | $69M | 0.7% | 2026-Q2 |
| Equitable Holdings, Inc. trimmed | 1,302,040 | $67M | 0.7% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 1,265,741 | $66M | 0.7% | 2026-Q2 |
| Mariner, LLC trimmed | 1,258,087 | $65M | 0.7% | 2026-Q2 |
| Corient Private Wealth LP trimmed | 1,176,174 | $61M | 0.6% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 1,112,313 | $57M | 0.6% | 2026-Q2 |
| Cassaday & Co Wealth Management LLC trimmed | 1,110,730 | $58M | 0.6% | 2026-Q2 |
| NorthRock Partners, LLC trimmed | 1,092,633 | $57M | 0.6% | 2026-Q2 |
| WCG Wealth Advisors LLC added | 1,032,371 | $53M | 0.5% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 1,002,068 | $52M | 0.5% | 2026-Q2 |
| Elm Partners Management LLC added | 973,914 | $50M | 0.5% | 2026-Q2 |
| Stadion Money Management, LLC trimmed | 940,036 | $49M | 0.5% | 2026-Q2 |
| BlueStem Wealth Partners, LLC added | 885,440 | $46M | 0.5% | 2026-Q2 |
| NewEdge Advisors, LLC added | 879,360 | $46M | 0.5% | 2026-Q2 |
| GREAT LAKES ADVISORS, LLC added | 878,713 | $45M | 0.5% | 2026-Q2 |
| Savvy Advisors, Inc. trimmed | 874,783 | $45M | 0.5% | 2026-Q2 |
| McNamara Financial Services, Inc. added | 865,525 | $45M | 0.5% | 2026-Q2 |
| Pathstone Holdings, LLC trimmed | 858,390 | $44M | 0.5% | 2026-Q2 |
| Beacon Pointe Advisors, LLC trimmed | 839,386 | $43M | 0.4% | 2026-Q2 |
| CUTLER INVESTMENT COUNSEL LLC added | 808,417 | $42M | 0.4% | 2026-Q2 |
| JNBA Financial Advisors added | 796,899 | $41M | 0.4% | 2026-Q2 |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC added | 788,100 | $41M | 0.4% | 2026-Q2 |
| GeoWealth Management, LLC added | 780,430 | $40M | 0.4% | 2026-Q2 |
| AXXCESS WEALTH MANAGEMENT, LLC added | 764,963 | $40M | 0.4% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 739,179 | $38M | 0.4% | 2026-Q2 |
| Capital Asset Advisory Services LLC added | 711,629 | $37M | 0.4% | 2026-Q2 |
| AlphaStar Capital Management, LLC added | 701,995 | $36M | 0.4% | 2026-Q2 |
| Venturi Wealth Management, LLC added | 700,737 | $36M | 0.4% | 2026-Q2 |
| Global Strategic Investment Solutions, LLC added | 693,186 | $36M | 0.4% | 2026-Q2 |
| ST GERMAIN D J CO INC added | 669,620 | $35M | 0.4% | 2026-Q2 |
| MATAURO, LLC added | 647,952 | $34M | 0.3% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 619,011 | $32M | 0.3% | 2026-Q2 |
| VICUS CAPITAL added | 600,514 | $31M | 0.3% | 2026-Q2 |
| CGN Advisors LLC trimmed | 572,818 | $30M | 0.3% | 2026-Q2 |
| Impact Partnership Wealth, LLC trimmed | 535,689 | $28M | 0.3% | 2026-Q2 |
| Savant Capital, LLC added | 515,162 | $26M | 0.3% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 486,714 | $25M | 0.3% | 2026-Q2 |
| Ballentine Partners, LLC trimmed | 485,211 | $25M | 0.3% | 2026-Q2 |
| KWB Wealth added | 476,296 | $25M | 0.3% | 2026-Q2 |
| Meeder Advisory Services, Inc. trimmed | 459,082 | $24M | 0.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 455,253 | $23M | 0.2% | 2026-Q2 |
| WOODMONT INVESTMENT COUNSEL LLC added | 452,274 | $23M | 0.2% | 2026-Q2 |
| KNIGHTSBRIDGE ASSET MANAGEMENT, LLC added | 444,230 | $23M | 0.2% | 2026-Q2 |
| BlackRock, Inc. added | 438,923 | $23M | 0.2% | 2026-Q2 |
| CAPITAL WEALTH MANAGEMENT, LLC added | 435,418 | $23M | 0.2% | 2026-Q2 |
| Allen Capital Group, LLC added | 431,898 | $22M | 0.2% | 2026-Q2 |
| Chaney Capital Management, Inc. trimmed | 429,538 | $22M | 0.2% | 2026-Q2 |
| Brio Consultants, LLC added | 424,043 | $22M | 0.2% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 419,491 | $22M | 0.2% | 2026-Q2 |
| LANDMARK WEALTH MANAGEMENT, INC. added | 417,135 | $22M | 0.2% | 2026-Q2 |
| MA Private Wealth trimmed | 408,868 | $21M | 0.2% | 2026-Q2 |
| Tradewinds Capital Management, LLC trimmed | 398,992 | $21M | 0.2% | 2026-Q2 |
| Rodgers & Associates, LTD added | 387,231 | $20M | 0.2% | 2026-Q2 |
| CAPITAL ADVISORS INC/OK added | 386,241 | $20M | 0.2% | 2026-Q2 |
| LPWM LLC added | 384,456 | $20M | 0.2% | 2026-Q2 |
| FLAGSHIP HARBOR ADVISORS, LLC trimmed | 378,284 | $20M | 0.2% | 2026-Q2 |
| Merit Financial Group, LLC added | 370,843 | $19M | 0.2% | 2026-Q2 |
| Valmark Advisers, Inc. added | 370,421 | $19M | 0.2% | 2026-Q2 |
| Luken Investment Analytics, LLC added | 364,088 | $19M | 0.2% | 2026-Q2 |
| Global Retirement Partners, LLC added | 362,989 | $19M | 0.2% | 2026-Q2 |
| N.E.W. Advisory Services LLC trimmed | 358,906 | $19M | 0.2% | 2026-Q2 |
| Facet Wealth, Inc. trimmed | 358,467 | $19M | 0.2% | 2026-Q2 |
| ATLAS CAPITAL ADVISORS INC. | 357,358 | $17M | 0.2% | 2026-Q2 |
| Fort Point Capital Partners LLC added | 346,612 | $18M | 0.2% | 2026-Q2 |
| ISTHMUS PARTNERS, LLC trimmed | 340,969 | $18M | 0.2% | 2026-Q2 |
| Tortoise Investment Management, LLC trimmed | 336,148 | $17M | 0.2% | 2026-Q2 |
| TIAA TRUST, NATIONAL ASSOCIATION trimmed | 329,001 | $17M | 0.2% | 2026-Q2 |
| Financial Strategies Group, Inc. trimmed | 327,729 | $17M | 0.2% | 2026-Q2 |
| West Wealth Group, LLC trimmed | 326,406 | $17M | 0.2% | 2026-Q2 |
| OLD MISSION CAPITAL LLC added | 321,979 | $17M | 0.2% | 2026-Q2 |
| Financial Gravity Companies, Inc. added | 310,423 | $16M | 0.2% | 2026-Q2 |
| Arax Advisory Partners added | 310,211 | $16M | 0.2% | 2026-Q2 |
| DAYMARK WEALTH PARTNERS, LLC added | 308,106 | $16M | 0.2% | 2026-Q2 |
| KFG WEALTH MANAGEMENT, LLC added | 307,414 | $16M | 0.2% | 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.