Who owns SPHB
Which tracked institutional funds hold SPHB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SPHB company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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
34 tracked funds added or opened SPHB while 22 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
SPHB’s largest tracked holder by dollar value, GOLDMAN SACHS GROUP INC, 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 SPHB more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in SPHB 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 135 tracked filers holding SPHB, 77 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 SPHB 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 13
- Proficio Capital Partners LLC$9M
- Jump Financial, LLC$6M
- Csenge Advisory Group$4M
- FLOW TRADERS U.S. LLC$4M
- GTS SECURITIES LLC$3M
- Commonwealth Financial Services, LLC$2M
Full exits 11
- BANK HAPOALIM BM$10M
- MONEY CONCEPTS CAPITAL CORP$3M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$3M
- Synergy Asset Management, LLC$3M
- Tactive Advisors, LLC$2M
- EHP Funds Inc.$2M
Largest adds
- Axiom Financial Strategies, LLC$9M
- JONES FINANCIAL COMPANIES LLLP$4M
- CITADEL ADVISORS LLC$3M
- Hutchens & Kramer Investment Management Group, LLC$3M
- UBS Group AG$2M
- MORGAN STANLEY$2M
Largest trims
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$43M
- WELLS FARGO & COMPANY/MN$31M
- AMERIPRISE FINANCIAL INC$18M
- PFG Advisors$10M
- BNP PARIBAS FINANCIAL MARKETS$6M
- BANK OF AMERICA CORP /DE/$3M
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 |
|---|---|---|---|---|
| GOLDMAN SACHS GROUP INC added | 725,504 | $84M | 19.6% | 2026-Q1 |
| LPL Financial LLC added | 238,640 | $28M | 6.4% | 2026-Q1 |
| MORGAN STANLEY added | 223,568 | $26M | 6.0% | 2026-Q1 |
| Axiom Financial Strategies, LLC added | 212,453 | $25M | 5.7% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 118,176 | $14M | 3.2% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 110,055 | $13M | 3.0% | 2026-Q1 |
| UBS Group AG added | 92,801 | $11M | 2.5% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 77,638 | $9M | 2.1% | 2026-Q1 |
| Proficio Capital Partners LLC added | 73,718 | $9M | 2.0% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 73,240 | $8M | 2.0% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 70,561 | $8M | 1.9% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 65,747 | $7M | 1.7% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 60,419 | $7M | 1.6% | 2026-Q1 |
| Jump Financial, LLC new | 53,427 | $6M | 1.4% | 2026-Q1 |
| Fortis Group Advisors, LLC added | 43,564 | $6M | 1.4% | 2026-Q1 |
| BNB Wealth Management, LLC added | 41,704 | $5M | 1.1% | 2026-Q1 |
| Csenge Advisory Group added | 35,467 | $4M | 1.0% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 34,545 | $4M | 0.9% | 2026-Q1 |
| PFG Advisors trimmed | 32,845 | $4M | 0.9% | 2026-Q1 |
| Hutchens & Kramer Investment Management Group, LLC added | 31,156 | $4M | 0.8% | 2026-Q1 |
| FLOW TRADERS U.S. LLC added | 30,572 | $4M | 0.8% | 2026-Q1 |
| Cetera Investment Advisers added | 29,595 | $3M | 0.8% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 29,329 | $3M | 0.8% | 2026-Q1 |
| Winter & Associates, Inc. added | 28,852 | $3M | 0.8% | 2026-Q1 |
| Focus Partners Advisor Solutions, LLC added | 28,782 | $3M | 0.8% | 2026-Q1 |
| NTV Asset Management LLC trimmed | 27,251 | $3M | 0.7% | 2026-Q1 |
| Ayalon Insurance Comp Ltd. added | 26,951 | $3M | 0.7% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 26,871 | $3M | 0.7% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 22,648 | $3M | 0.6% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 22,438 | $3M | 0.6% | 2026-Q1 |
| GTS SECURITIES LLC trimmed | 22,150 | $3M | 0.6% | 2026-Q1 |
| SIG BROKERAGE, LP | 20,000 | $2M | 0.5% | 2026-Q1 |
| ABOUND FINANCIAL, LLC trimmed | 17,895 | $2M | 0.5% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 17,641 | $2M | 0.5% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 17,021 | $2M | 0.5% | 2026-Q1 |
| Commonwealth Financial Services, LLC trimmed | 16,012 | $2M | 0.4% | 2026-Q1 |
| Creative Planning added | 15,384 | $2M | 0.4% | 2026-Q1 |
| E&G Advisors, LP trimmed | 14,465 | $2M | 0.4% | 2026-Q1 |
| Equitable Holdings, Inc. added | 13,504 | $2M | 0.4% | 2026-Q1 |
| Hilltop Holdings Inc. added | 13,473 | $2M | 0.4% | 2026-Q1 |
| Kestra Advisory Services, LLC trimmed | 12,686 | $1M | 0.3% | 2026-Q1 |
| D.A. DAVIDSON & CO. trimmed | 10,138 | $1M | 0.3% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 9,887 | $1M | 0.3% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 8,925 | $1M | 0.2% | 2026-Q1 |
| Sowell Financial Services LLC trimmed | 8,805 | $1M | 0.2% | 2026-Q1 |
| Nova Wealth Management, Inc. new | 8,730 | $1M | 0.2% | 2026-Q1 |
| Mariner, LLC added | 8,669 | $1M | 0.2% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 7,954 | $922K | 0.2% | 2026-Q1 |
| &PARTNERS added | 6,596 | $917K | 0.2% | 2026-Q1 |
| TRUE Private Wealth Advisors trimmed | 7,690 | $892K | 0.2% | 2026-Q1 |
| Hyundai Investments Co., Ltd. added | 7,601 | $846K | 0.2% | 2026-Q1 |
| Seros Financial, LLC trimmed | 6,507 | $754K | 0.2% | 2026-Q1 |
| MAGNOLIA CAPITAL ADVISORS LLC new | 6,417 | $744K | 0.2% | 2026-Q1 |
| HRT FINANCIAL LP added | 6,056 | $702K | 0.2% | 2026-Q1 |
| Stratos Wealth Advisors, LLC added | 5,806 | $673K | 0.2% | 2026-Q1 |
| Advyzon Investment Management, LLC new | 5,670 | $657K | 0.2% | 2026-Q1 |
| BENJAMIN EDWARDS INC new | 5,541 | $642K | 0.1% | 2026-Q1 |
| CreativeOne Wealth, LLC | 5,533 | $642K | 0.1% | 2026-Q1 |
| Legacy Financial Strategies, LLC | 5,500 | $638K | 0.1% | 2026-Q1 |
| Koshinski Asset Management, Inc. | 5,172 | $600K | 0.1% | 2026-Q1 |
| Weaver Consulting Group | 5,129 | $595K | 0.1% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 4,765 | $553K | 0.1% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 4,676 | $542K | 0.1% | 2026-Q1 |
| Plotkin Financial Advisors, LLC trimmed | 4,436 | $514K | 0.1% | 2026-Q1 |
| Gateway Wealth Partners, LLC added | 4,312 | $500K | 0.1% | 2026-Q1 |
| Private Advisor Group, LLC added | 4,180 | $485K | 0.1% | 2026-Q1 |
| ADAPT WEALTH ADVISORS, LLC added | 4,055 | $470K | 0.1% | 2026-Q1 |
| Savvy Advisors, Inc. new | 4,045 | $469K | 0.1% | 2026-Q1 |
| TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV added | 4,034 | $468K | 0.1% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 3,812 | $442K | 0.1% | 2026-Q1 |
| New England Professional Planning Group Inc. added | 3,611 | $419K | 0.1% | 2026-Q1 |
| Fingerlakes Wealth Management, Inc. | 3,562 | $413K | 0.1% | 2026-Q1 |
| XTX Topco Ltd new | 3,511 | $407K | 0.1% | 2026-Q1 |
| Quadcap Wealth Management, LLC trimmed | 3,480 | $404K | 0.1% | 2026-Q1 |
| Financial Partners Group, Inc new | 3,432 | $398K | 0.1% | 2026-Q1 |
| Avant Capital LLC trimmed | 3,388 | $393K | 0.1% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 3,244 | $376K | 0.1% | 2026-Q1 |
| Allianz SE new | 223,509 | $22M | 5.1% | 2025-Q2 stale |
| BANK HAPOALIM BM | 86,000 | $10M | 2.3% | 2025-Q4 stale |
| Vestmark Advisory Solutions, Inc. added | 95,018 | $7M | 1.7% | 2025-Q1 stale |
| Cynosure Group, LLC new | 63,552 | $5M | 1.2% | 2025-Q1 stale |
| MONEY CONCEPTS CAPITAL CORP added | 28,308 | $3M | 0.8% | 2025-Q4 stale |
| Quadrature Capital Ltd new | 41,753 | $3M | 0.8% | 2025-Q1 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 27,408 | $3M | 0.7% | 2025-Q4 stale |
| Synergy Asset Management, LLC added | 22,745 | $3M | 0.6% | 2025-Q4 stale |
| Tactive Advisors, LLC trimmed | 20,523 | $2M | 0.6% | 2025-Q4 stale |
| Highview Capital Management LLC/DE/ new | 21,739 | $2M | 0.6% | 2025-Q3 stale |
| EHP Funds Inc. trimmed | 15,500 | $2M | 0.4% | 2025-Q4 stale |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 14,981 | $1M | 0.3% | 2025-Q2 stale |
| Coppell Advisory Solutions LLC added | 26,377 | $1M | 0.3% | 2025-Q1 stale |
| Advisors Preferred, LLC added | 9,200 | $1M | 0.3% | 2025-Q4 stale |
| Sequent Asset Management, LLC | 8,613 | $1M | 0.2% | 2025-Q4 stale |
| Atria Wealth Solutions, Inc. added | 10,289 | $1M | 0.2% | 2025-Q2 stale |
| Wealthcare Advisory Partners LLC added | 6,631 | $776K | 0.2% | 2025-Q4 stale |
| Secure Asset Management, LLC added | 4,837 | $566K | 0.1% | 2025-Q4 stale |
| COMERICA BANK trimmed | 4,765 | $557K | 0.1% | 2025-Q4 stale |
| One Wealth Management Investment & Advisory Services, LLC trimmed | 4,127 | $483K | 0.1% | 2025-Q4 stale |
| DV Trading LLC new | 4,075 | $477K | 0.1% | 2025-Q4 stale |
| Walleye Trading LLC trimmed | 4,601 | $449K | 0.1% | 2025-Q2 stale |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 3,800 | $444K | 0.1% | 2025-Q4 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.
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.