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Institutional Ownership · SEC Form 13F

Who owns SPGM (SPGM)


Which tracked institutional funds hold SPGM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SPGM company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

169
Institutional holders
10,591,160
Shares held (tracked funds)

How the tape is positioned

29 tracked funds added or opened SPGM while 19 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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

SPGM’s largest tracked holder by dollar value, LPL Financial 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 gap the other way — the median holder sizes SPGM more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in SPGM 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 2025-Q4 and 2026-Q1, across 169 tracked filers holding SPGM, 89 increased or opened the position and 59 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 SPGM between the 2025-Q4 and 2026-Q1 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 8

  • Independent Advisor Alliance$28M
  • Goldstone Financial Group, LLC$8M
  • Fund Evaluation Group, LLC$2M
  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$2M
  • GTS SECURITIES LLC$2M
  • Cooper Financial Group$2M

Full exits 2

  • Trilogy Capital Inc.$5M
  • Virtu Financial LLC$776K

Largest adds

  • FLOW TRADERS U.S. LLC$68M
  • Sequoia Financial Advisors, LLC$18M
  • JANE STREET GROUP, LLC$8M
  • COMMERCE BANK$7M
  • NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$7M
  • Betterment LLC$4M

Largest trims

  • HighTower Advisors, LLC$51M
  • GOLDMAN SACHS GROUP INC$19M
  • Advance Capital Management, Inc.$18M
  • BlackRock, Inc.$6M
  • BANK OF AMERICA CORP /DE/$3M
  • ROYAL BANK OF CANADA$2M

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).

FundSharesReported value% of valueQuarter
LPL Financial LLC added2,195,535$166M20.0%2026-Q1
Sequoia Financial Advisors, LLC added2,004,687$152M18.3%2026-Q1
FLOW TRADERS U.S. LLC added913,332$69M8.3%2026-Q1
Independent Advisor Alliance trimmed370,713$28M3.4%2026-Q1
Peak Financial Management, Inc. trimmed364,427$28M3.3%2026-Q1
Private Advisor Group, LLC added258,226$20M2.4%2026-Q1
Schaeffer Financial LLC trimmed251,225$19M2.3%2026-Q1
Mariner, LLC trimmed247,259$19M2.3%2026-Q1
COMMERCE BANK added239,780$18M2.2%2026-Q1
OSAIC HOLDINGS, INC. added216,215$16M2.0%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added181,328$14M1.7%2026-Q1
JANE STREET GROUP, LLC added177,385$13M1.6%2026-Q1
MORGAN STANLEY added170,645$13M1.6%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed167,877$13M1.5%2026-Q1
Advance Capital Management, Inc. trimmed144,676$11M1.3%2026-Q1
MEITAV INVESTMENT HOUSE LTD trimmed143,590$11M1.3%2026-Q1
Ethos Financial Group, LLC added127,108$10M1.2%2026-Q1
Goldstone Financial Group, LLC new107,596$8M1.0%2026-Q1
Belpointe Asset Management LLC trimmed103,476$8M0.9%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed98,732$7M0.9%2026-Q1
UBS Group AG added94,053$7M0.9%2026-Q1
JPMORGAN CHASE & CO trimmed89,656$7M0.8%2026-Q1
Balentine LLC added77,593$6M0.7%2026-Q1
Coastal Bridge Advisors, LLC added77,194$6M0.7%2026-Q1
Barden Capital Management, Inc. added76,847$6M0.7%2026-Q1
UNIQUE WEALTH, LLC trimmed75,789$6M0.7%2026-Q1
FORONJY FINANCIAL LLC added74,290$6M0.7%2026-Q1
Clearstead Advisors, LLC added69,105$5M0.6%2026-Q1
Investment Planning Advisors, Inc. added68,752$5M0.6%2026-Q1
FINANCIAL CONSULATE, INC added67,103$5M0.6%2026-Q1
Destiny Wealth Partners, LLC trimmed62,183$5M0.6%2026-Q1
Betterment LLC added56,677$4M0.5%2026-Q1
RAYMOND JAMES FINANCIAL INC added53,184$4M0.5%2026-Q1
ACT WEALTH MANAGEMENT, LLC added40,810$3M0.4%2026-Q1
Cresset Asset Management, LLC39,970$3M0.4%2026-Q1
Cambridge Investment Research Advisors, Inc. added39,433$3M0.4%2026-Q1
INTERACTIVE FINANCIAL ADVISORS, INC. added34,363$3M0.3%2026-Q1
CWM, LLC trimmed32,849$2M0.3%2026-Q1
Great Waters Wealth Management trimmed31,492$2M0.3%2026-Q1
CITADEL ADVISORS LLC added30,633$2M0.3%2026-Q1
Corient Private Wealth LLC30,060$2M0.3%2026-Q1
Fund Evaluation Group, LLC new26,923$2M0.2%2026-Q1
Tennessee Valley Asset Management Partners added26,088$2M0.2%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added25,022$2M0.2%2026-Q1
GTS SECURITIES LLC added23,762$2M0.2%2026-Q1
FLAGSHIP HARBOR ADVISORS, LLC added23,704$2M0.2%2026-Q1
HighTower Advisors, LLC trimmed23,658$2M0.2%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added23,346$2M0.2%2026-Q1
Gerber Kawasaki Wealth & Investment Management trimmed23,192$2M0.2%2026-Q1
Cooper Financial Group new22,800$2M0.2%2026-Q1
TRUIST FINANCIAL CORP trimmed22,789$2M0.2%2026-Q1
AMERIPRISE FINANCIAL INC added22,484$2M0.2%2026-Q1
Sigma Planning Corp added19,669$1M0.2%2026-Q1
MERCER GLOBAL ADVISORS INC /ADV trimmed19,193$1M0.2%2026-Q1
PFG Advisors added18,200$1M0.2%2026-Q1
O'SHAUGHNESSY ASSET MANAGEMENT, LLC trimmed17,817$1M0.2%2026-Q1
IAG Wealth Partners, LLC added17,011$1M0.2%2026-Q1
SHP Wealth Management added16,732$1M0.2%2026-Q1
XY Planning Network, Inc.16,195$1M0.1%2026-Q1
Chicago Partners Investment Group LLC trimmed14,654$1M0.1%2026-Q1
GREAT VALLEY ADVISOR GROUP, INC. added15,668$1M0.1%2026-Q1
Convergence Financial, LLC added15,568$1M0.1%2026-Q1
CX Institutional trimmed14,076$1M0.1%2026-Q1
Ausdal Financial Partners, Inc. new14,007$1M0.1%2026-Q1
ROYAL BANK OF CANADA trimmed13,630$1M0.1%2026-Q1
Americana Partners, LLC trimmed13,484$1M0.1%2026-Q1
Flagship Private Wealth, LLC trimmed13,091$991K0.1%2026-Q1
Waverly Advisors, LLC trimmed12,905$977K0.1%2026-Q1
KPP Advisory Services LLC added12,136$919K0.1%2026-Q1
New England Capital Financial Advisors LLC added11,583$877K0.1%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added11,294$855K0.1%2026-Q1
FSM Wealth Advisors, LLC added10,841$821K0.1%2026-Q1
PRIVATE TRUST CO NA trimmed10,823$819K0.1%2026-Q1
Christensen, King & Associates Investment Services, Inc. trimmed9,947$753K0.1%2026-Q1
Merit Financial Group, LLC trimmed9,318$705K0.1%2026-Q1
VERUS CAPITAL PARTNERS, LLC added8,780$665K0.1%2026-Q1
LVW Advisors, LLC trimmed8,622$653K0.1%2026-Q1
HRT FINANCIAL LP new8,406$636K0.1%2026-Q1
Cetera Investment Advisers trimmed8,307$629K0.1%2026-Q1
BIP Wealth, LLC added8,126$615K0.1%2026-Q1
Western Wealth Management, LLC added8,077$611K0.1%2026-Q1
Geneos Wealth Management Inc.7,571$573K0.1%2026-Q1
Strategic Wealth Investment Group, LLC trimmed7,568$573K0.1%2026-Q1
Professional Financial Advisors, LLC added7,413$561K0.1%2026-Q1
Bridgewater Advisors Inc. added6,176$526K0.1%2026-Q1
Stratos Investment Management, LLC trimmed6,842$518K0.1%2026-Q1
STIFEL FINANCIAL CORP trimmed6,660$504K0.1%2026-Q1
CAPTRUST FINANCIAL ADVISORS trimmed6,632$502K0.1%2026-Q1
Garrett Wealth Advisory Group, LLC trimmed6,611$501K0.1%2026-Q1
BlackRock, Inc. trimmed6,528$494K0.1%2026-Q1
Verdence Capital Advisors LLC6,525$494K0.1%2026-Q1
Vernal Point Advisors, LLC6,435$487K0.1%2026-Q1
Modern Wealth Management, LLC added6,100$466K0.1%2026-Q1
Legal & General Group Plc354,755$22M2.7%2025-Q1 stale
StoneX Group Inc. new73,983$6M0.7%2025-Q3 stale
Trilogy Capital Inc. trimmed63,728$5M0.6%2025-Q4 stale
MML INVESTORS SERVICES, LLC trimmed50,855$4M0.5%2025-Q3 stale
Atria Wealth Solutions, Inc. added32,040$2M0.3%2025-Q2 stale
Virtu Financial LLC added10,114$776K0.1%2025-Q4 stale
Financial Advocates Investment Management trimmed10,256$708K0.1%2025-Q2 stale

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.

HoldersTotal shares

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.

Learn how to read institutional ownership