Who owns SPLS
Which tracked institutional funds hold SPLS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SPLS company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 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
4 tracked funds added or opened SPLS while 2 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
SPLS’s largest tracked holder by dollar value, WJ Interests, LLC, sizes it at 2.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SPLS 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 24 tracked filers holding SPLS, 14 increased or opened the position and 11 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 SPLS 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 2
- WJ Interests, LLC$6M
- Mid-American Wealth Advisory Group, Inc.$623K
Full exits 1
- IFP Advisors, Inc$660K
Largest adds
- Lloyd Advisory Services, LLC.$1M
- AE Wealth Management LLC$613K
Largest trims
- CITADEL ADVISORS LLC$17M
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 |
|---|---|---|---|---|
| WJ Interests, LLC new | 116,032 | $6M | 27.6% | 2026-Q2 |
| AE Wealth Management LLC trimmed | 92,505 | $5M | 22.0% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 64,311 | $3M | 15.3% | 2026-Q2 |
| Delta Investment Management, LLC trimmed | 33,777 | $2M | 8.0% | 2026-Q2 |
| Lloyd Advisory Services, LLC. added | 28,745 | $2M | 6.8% | 2026-Q2 |
| Mid-American Wealth Advisory Group, Inc. new | 11,476 | $623K | 2.7% | 2026-Q2 |
| B.O.S.S. Retirement Advisors, LLC trimmed | 9,206 | $500K | 2.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC new | 9,094 | $494K | 2.2% | 2026-Q2 |
| HOWARD BAILEY SECURITIES, LLC trimmed | 8,658 | $470K | 2.1% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC new | 7,414 | $402K | 1.8% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC new | 4,650 | $254K | 1.1% | 2026-Q2 |
| Great Lakes Retirement, Inc. trimmed | 4,591 | $249K | 1.1% | 2026-Q2 |
| Elevated Capital Advisors, LLC new | 4,382 | $238K | 1.0% | 2026-Q2 |
| Integrated Wealth Management new | 4,061 | $220K | 1.0% | 2026-Q2 |
| TOUNJIAN ADVISORY PARTNERS, LLC new | 3,123 | $170K | 0.7% | 2026-Q2 |
| UBS Group AG trimmed | 1,695 | $92K | 0.4% | 2026-Q2 |
| Kingdom Financial Group LLC. trimmed | 1,568 | $85K | 0.4% | 2026-Q2 |
| Montgomery Financial Services LLC new | 1,089 | $59K | 0.3% | 2026-Q2 |
| IFG Advisory, LLC new | 855 | $46K | 0.2% | 2026-Q2 |
| Networth Advisors, LLC trimmed | 362 | $20K | 0.1% | 2026-Q2 |
| Quest 10 Wealth Builders, Inc. trimmed | 119 | $6K | 0.0% | 2026-Q2 |
| Decker Retirement Planning Inc. new | 86 | $5K | 0.0% | 2026-Q2 |
| Allianz Asset Management GmbH new | 76 | $4K | 0.0% | 2026-Q2 |
| CoreCap Advisors, LLC new | 29 | $2K | 0.0% | 2026-Q2 |
| IFP Advisors, Inc new | 14,034 | $660K | 2.9% | 2026-Q1 stale (1 quarter 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.