Who owns SPHY
Which tracked institutional funds hold SPHY, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SPHY 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
162 tracked funds added or opened SPHY while 68 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
SPHY’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.3% of theirs — a 0.3pp gap the other way — the median holder sizes SPHY more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in SPHY 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 534 tracked filers holding SPHY, 367 increased or opened the position and 187 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 SPHY 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 33
- NEOS Investment Management LLC$70M
- TOEWS CORP /ADV$45M
- Donoghue Forlines LLC$32M
- JANE STREET GROUP, LLC$23M
- OLD MISSION CAPITAL LLC$17M
- New York Life Investment Management LLC$17M
Full exits 33
- Ilmarinen Mutual Pension Insurance Co$477M
- Municipal Employees' Retirement System of Michigan$191M
- Capital Analysts, LLC$56M
- Cambridge Investment Research Advisors, Inc.$25M
- Thrivent Financial for Lutherans$21M
- Asset Allocation & Management Company, LLC$19M
Largest adds
- Elo Mutual Pension Insurance Co$196M
- Ocean Park Asset Management, LLC$50M
- ENVESTNET ASSET MANAGEMENT INC$45M
- CONNING INC.$40M
- WELLS FARGO & COMPANY/MN$39M
- SEI INVESTMENTS CO$34M
Largest trims
- 49 WEALTH MANAGEMENT, LLC$46M
- AMERICAN CENTURY COMPANIES INC$35M
- MetLife Investment Management, LLC$27M
- MANUFACTURERS LIFE INSURANCE COMPANY, THE$18M
- NEUBERGER BERMAN GROUP LLC$17M
- FINANCIAL LIFE ADVISORS$8M
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 |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ added | 29,646,388 | $695M | 11.8% | 2026-Q2 |
| SEI INVESTMENTS CO added | 21,167,136 | $496M | 8.4% | 2026-Q2 |
| Elo Mutual Pension Insurance Co added | 14,297,990 | $335M | 5.7% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 12,303,896 | $288M | 4.9% | 2026-Q2 |
| LPL Financial LLC added | 9,808,661 | $230M | 3.9% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 9,384,581 | $220M | 3.7% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC trimmed | 8,848,319 | $207M | 3.5% | 2026-Q2 |
| VANTAGEPOINT INVESTMENT ADVISERS LLC trimmed | 7,482,790 | $175M | 3.0% | 2026-Q2 |
| US BANCORP \DE\ added | 7,165,855 | $168M | 2.8% | 2026-Q2 |
| MORGAN STANLEY added | 7,045,830 | $165M | 2.8% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 6,981,977 | $164M | 2.8% | 2026-Q2 |
| Ocean Park Asset Management, LLC added | 6,080,823 | $143M | 2.4% | 2026-Q2 |
| Asset Management One Co., Ltd. added | 5,253,420 | $123M | 2.1% | 2026-Q2 |
| Advisory Alpha, LLC trimmed | 4,753,003 | $111M | 1.9% | 2026-Q2 |
| Creative Planning trimmed | 4,593,718 | $108M | 1.8% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 4,250,148 | $100M | 1.7% | 2026-Q2 |
| Cetera Investment Advisers added | 3,973,776 | $93M | 1.6% | 2026-Q2 |
| 1832 Asset Management L.P. added | 3,705,252 | $87M | 1.5% | 2026-Q2 |
| Advisors Capital Management, LLC added | 3,543,042 | $83M | 1.4% | 2026-Q2 |
| Kensington Asset Management, LLC added | 3,453,978 | $81M | 1.4% | 2026-Q2 |
| NEOS Investment Management LLC added | 2,994,391 | $70M | 1.2% | 2026-Q2 |
| CONNING INC. added | 2,726,004 | $64M | 1.1% | 2026-Q2 |
| EXCHANGE TRADED CONCEPTS, LLC added | 2,466,721 | $58M | 1.0% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 2,170,858 | $51M | 0.9% | 2026-Q2 |
| Horizon Investments, LLC added | 2,096,034 | $44M | 0.7% | 2026-Q2 |
| BENJAMIN EDWARDS INC added | 2,042,877 | $48M | 0.8% | 2026-Q2 |
| TOEWS CORP /ADV added | 1,932,100 | $45M | 0.8% | 2026-Q2 |
| STATE STREET CORP added | 1,866,599 | $44M | 0.7% | 2026-Q2 |
| Apella Capital, LLC added | 1,803,063 | $42M | 0.7% | 2026-Q2 |
| BOKF, NA trimmed | 1,744,546 | $41M | 0.7% | 2026-Q2 |
| CORNERSTONE ENTERPRISES, LLC trimmed | 1,643,374 | $39M | 0.7% | 2026-Q2 |
| State of New Jersey Common Pension Fund D | 1,566,858 | $37M | 0.6% | 2026-Q2 |
| ASSETMARK, INC added | 1,514,621 | $36M | 0.6% | 2026-Q2 |
| UBS Group AG added | 1,493,971 | $35M | 0.6% | 2026-Q2 |
| Iowa State Bank added | 1,435,573 | $34M | 0.6% | 2026-Q2 |
| Donoghue Forlines LLC added | 1,377,655 | $32M | 0.5% | 2026-Q2 |
| DIVERSIFY WEALTH MANAGEMENT, LLC added | 1,374,361 | $32M | 0.5% | 2026-Q2 |
| Diversify Advisory Services, LLC added | 1,374,361 | $32M | 0.5% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 1,355,880 | $32M | 0.5% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 1,344,187 | $32M | 0.5% | 2026-Q2 |
| CNO Financial Group, Inc. | 1,279,000 | $30M | 0.5% | 2026-Q2 |
| Kohmann Bosshard Financial Services, LLC added | 1,251,852 | $29M | 0.5% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 1,217,495 | $29M | 0.5% | 2026-Q2 |
| SageView Advisory Group, LLC trimmed | 1,209,597 | $28M | 0.5% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC trimmed | 1,165,570 | $27M | 0.5% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 1,163,551 | $27M | 0.5% | 2026-Q2 |
| VOYA INVESTMENT MANAGEMENT LLC added | 1,151,371 | $27M | 0.5% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC trimmed | 1,138,779 | $27M | 0.5% | 2026-Q2 |
| Madison Asset Management, LLC added | 1,107,255 | $26M | 0.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 1,085,721 | $25M | 0.4% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,036,240 | $24M | 0.4% | 2026-Q2 |
| RFG Holdings, Inc. added | 1,016,827 | $24M | 0.4% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 978,295 | $23M | 0.4% | 2026-Q2 |
| Bank of New York Mellon Corp added | 942,535 | $22M | 0.4% | 2026-Q2 |
| AlphaStar Capital Management, LLC added | 907,253 | $21M | 0.4% | 2026-Q2 |
| Alaska Permanent Capital Management, LLC added | 885,285 | $21M | 0.4% | 2026-Q2 |
| Inspire Advisors, LLC added | 781,210 | $18M | 0.3% | 2026-Q2 |
| CHRISTINE MESSMER PC added | 780,662 | $18M | 0.3% | 2026-Q2 |
| NEPC LLC added | 750,656 | $18M | 0.3% | 2026-Q2 |
| SAM Advisors, LLC added | 746,103 | $17M | 0.3% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 742,729 | $17M | 0.3% | 2026-Q2 |
| Equitable Holdings, Inc. added | 740,937 | $17M | 0.3% | 2026-Q2 |
| OLD MISSION CAPITAL LLC added | 737,048 | $17M | 0.3% | 2026-Q2 |
| New York Life Investment Management LLC new | 716,537 | $17M | 0.3% | 2026-Q2 |
| Smith Salley Wealth Management added | 715,925 | $17M | 0.3% | 2026-Q2 |
| Willis Johnson & Associates, Inc. added | 698,761 | $16M | 0.3% | 2026-Q2 |
| Financial Futures Ltd Liability Co. added | 681,170 | $16M | 0.3% | 2026-Q2 |
| RETIREMITTEN FINANCIAL LLC added | 642,152 | $15M | 0.3% | 2026-Q2 |
| Clearstead Advisors, LLC added | 638,026 | $15M | 0.3% | 2026-Q2 |
| MGO ONE SEVEN LLC added | 634,522 | $15M | 0.3% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 633,578 | $15M | 0.3% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 601,456 | $14M | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 599,927 | $14M | 0.2% | 2026-Q2 |
| Belpointe Asset Management LLC trimmed | 598,550 | $14M | 0.2% | 2026-Q2 |
| SSI INVESTMENT MANAGEMENT LLC added | 584,134 | $14M | 0.2% | 2026-Q2 |
| Foundations Investment Advisors, LLC added | 579,909 | $14M | 0.2% | 2026-Q2 |
| Hilltop Partners LLC trimmed | 555,583 | $13M | 0.2% | 2026-Q2 |
| Syntegra Private Wealth Group, LLC trimmed | 548,569 | $13M | 0.2% | 2026-Q2 |
| MetLife Investment Management, LLC trimmed | 524,673 | $12M | 0.2% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 521,002 | $12M | 0.2% | 2026-Q2 |
| HORIZON FINANCIAL SERVICES, LLC added | 509,747 | $12M | 0.2% | 2026-Q2 |
| WCG Wealth Advisors LLC added | 506,929 | $12M | 0.2% | 2026-Q2 |
| DT Investment Partners, LLC added | 495,845 | $12M | 0.2% | 2026-Q2 |
| Onyx Bridge Wealth Group LLC added | 495,553 | $12M | 0.2% | 2026-Q2 |
| 5th Street Advisors, LLC added | 495,546 | $12M | 0.2% | 2026-Q2 |
| S&A Financial Services, Inc. added | 483,315 | $11M | 0.2% | 2026-Q2 |
| FINANCIAL ADVISORY PARTNERS, LLC added | 473,062 | $11M | 0.2% | 2026-Q2 |
| Quartz Partners, LLC added | 467,208 | $11M | 0.2% | 2026-Q2 |
| CHOREO, LLC added | 449,900 | $11M | 0.2% | 2026-Q2 |
| Carolina Wealth Advisors, LLC added | 422,552 | $10M | 0.2% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 415,393 | $10M | 0.2% | 2026-Q2 |
| Keeler Thomas Management LLC added | 398,471 | $9M | 0.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 398,460 | $9M | 0.2% | 2026-Q2 |
| MOLLER WEALTH PARTNERS added | 392,827 | $9M | 0.2% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 382,305 | $9M | 0.2% | 2026-Q2 |
| Merit Financial Group, LLC added | 380,909 | $9M | 0.2% | 2026-Q2 |
| Bensler, LLC trimmed | 378,760 | $9M | 0.2% | 2026-Q2 |
| Pinnacle Wealth Management, LLC trimmed | 376,967 | $9M | 0.1% | 2026-Q2 |
| Envestnet Portfolio Solutions, Inc. added | 371,477 | $9M | 0.1% | 2026-Q2 |
| Sound Income Strategies, LLC added | 369,907 | $9M | 0.1% | 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.