Who owns SPMB (SPMB)
Which tracked institutional funds hold SPMB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SPMB 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.
How the tape is positioned
54 tracked funds added or opened SPMB while 32 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
SPMB’s largest tracked holder by dollar value, Financial Engines Advisors L.L.C., sizes it at 8.6% of its own reported 13F book, while the median holder sizes it at 0.4% of theirs — a 8.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SPMB 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 239 tracked filers holding SPMB, 134 increased or opened the position and 113 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 SPMB 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 12
- Summit Financial, LLC$15M
- Private Advisory Group LLC$13M
- GOLDMAN SACHS GROUP INC$3M
- Apollon Financial, LLC$3M
- MERCER GLOBAL ADVISORS INC /ADV$2M
- Marks Group Wealth Management, Inc$2M
Full exits 10
- RETIREMENT CAPITAL STRATEGIES$6M
- JANE STREET GROUP, LLC$3M
- Q3 Asset Management$3M
- Redwood Financial Network Corp$2M
- Diversify Advisory Services, LLC$2M
- SFG Wealth Management, LLC.$2M
Largest adds
- LPL Financial LLC$71M
- Independent Advisor Alliance$34M
- STATE STREET CORP$28M
- Gladstone Institutional Advisory LLC$15M
- Gibbs Wealth Management$9M
- BENJAMIN EDWARDS INC$7M
Largest trims
- Financial Engines Advisors L.L.C.$15M
- CONFLUENCE INVESTMENT MANAGEMENT LLC$9M
- Stratos Wealth Partners, LTD.$8M
- Compton Financial Group, LLC$8M
- Lido Advisors, LLC$4M
- Kestra Investment Management, LLC$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 |
|---|---|---|---|---|
| Financial Engines Advisors L.L.C. trimmed | 188,312,251 | $4.2B | 65.5% | 2026-Q1 |
| LPL Financial LLC added | 23,426,337 | $525M | 8.1% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 7,861,710 | $176M | 2.7% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 6,426,504 | $144M | 2.2% | 2026-Q1 |
| STATE STREET CORP added | 6,291,307 | $141M | 2.2% | 2026-Q1 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC trimmed | 3,853,493 | $86M | 1.3% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 3,476,902 | $78M | 1.2% | 2026-Q1 |
| CX Institutional added | 2,672,691 | $60M | 0.9% | 2026-Q1 |
| CWM, LLC added | 2,413,888 | $54M | 0.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 2,183,078 | $49M | 0.8% | 2026-Q1 |
| Advisory Alpha, LLC trimmed | 2,167,242 | $49M | 0.8% | 2026-Q1 |
| MORGAN STANLEY added | 1,891,983 | $42M | 0.7% | 2026-Q1 |
| ASSETMARK, INC added | 1,813,363 | $41M | 0.6% | 2026-Q1 |
| Compton Financial Group, LLC trimmed | 1,762,070 | $39M | 0.6% | 2026-Q1 |
| Independent Advisor Alliance added | 1,551,453 | $35M | 0.5% | 2026-Q1 |
| Zurich Insurance Group Ltd/FI | 1,482,295 | $33M | 0.5% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,348,194 | $30M | 0.5% | 2026-Q1 |
| Financial Plan, Inc. added | 1,271,622 | $28M | 0.4% | 2026-Q1 |
| Baird Financial Group, Inc. added | 1,075,176 | $24M | 0.4% | 2026-Q1 |
| FINANCIAL LIFE ADVISORS added | 1,041,380 | $23M | 0.4% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 1,001,879 | $22M | 0.3% | 2026-Q1 |
| Leicht Financial Planning & Wealth Management, Inc. trimmed | 916,363 | $21M | 0.3% | 2026-Q1 |
| ALTFEST L J & CO INC added | 862,594 | $19M | 0.3% | 2026-Q1 |
| Gibbs Wealth Management added | 843,445 | $19M | 0.3% | 2026-Q1 |
| Gladstone Institutional Advisory LLC added | 822,025 | $18M | 0.3% | 2026-Q1 |
| 93 Financial Group, LLC added | 779,674 | $17M | 0.3% | 2026-Q1 |
| Cetera Investment Advisers added | 768,195 | $17M | 0.3% | 2026-Q1 |
| ST GERMAIN D J CO INC added | 686,198 | $15M | 0.2% | 2026-Q1 |
| SIGNET FINANCIAL MANAGEMENT, LLC trimmed | 674,477 | $15M | 0.2% | 2026-Q1 |
| Summit Financial, LLC new | 672,888 | $15M | 0.2% | 2026-Q1 |
| Collier Financial added | 628,359 | $14M | 0.2% | 2026-Q1 |
| Stokes Family Office, LLC trimmed | 602,665 | $13M | 0.2% | 2026-Q1 |
| Private Advisory Group LLC new | 587,175 | $13M | 0.2% | 2026-Q1 |
| Tidemark, LLC added | 582,067 | $13M | 0.2% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 553,135 | $12M | 0.2% | 2026-Q1 |
| Mariner, LLC trimmed | 462,734 | $10M | 0.2% | 2026-Q1 |
| Equitable Holdings, Inc. added | 436,553 | $10M | 0.2% | 2026-Q1 |
| Stratos Wealth Partners, LTD. trimmed | 422,572 | $9M | 0.1% | 2026-Q1 |
| Certified Advisory Corp added | 415,543 | $9M | 0.1% | 2026-Q1 |
| FLAGSHIP HARBOR ADVISORS, LLC trimmed | 390,465 | $9M | 0.1% | 2026-Q1 |
| Chesapeake Wealth Management added | 316,789 | $7M | 0.1% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 305,628 | $7M | 0.1% | 2026-Q1 |
| CANTOR FITZGERALD INVESTMENT ADVISORS L.P. added | 304,484 | $7M | 0.1% | 2026-Q1 |
| Detalus Advisors, LLC added | 279,659 | $6M | 0.1% | 2026-Q1 |
| Portside Wealth Group, LLC added | 267,523 | $6M | 0.1% | 2026-Q1 |
| ABOUND FINANCIAL, LLC trimmed | 266,628 | $6M | 0.1% | 2026-Q1 |
| TSFG, LLC added | 247,538 | $6M | 0.1% | 2026-Q1 |
| Clearwater Capital Advisors, LLC trimmed | 236,435 | $5M | 0.1% | 2026-Q1 |
| Checchi Capital Advisers, LLC trimmed | 223,175 | $5M | 0.1% | 2026-Q1 |
| Mutual Advisors, LLC added | 217,259 | $5M | 0.1% | 2026-Q1 |
| Midwest Capital Advisors, LLC added | 210,909 | $5M | 0.1% | 2026-Q1 |
| Waverly Advisors, LLC added | 210,632 | $5M | 0.1% | 2026-Q1 |
| HORIZON FINANCIAL SERVICES, LLC trimmed | 210,420 | $5M | 0.1% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 206,116 | $5M | 0.1% | 2026-Q1 |
| Drucker Wealth 3.0, LLC added | 204,701 | $5M | 0.1% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 204,152 | $5M | 0.1% | 2026-Q1 |
| Boltwood Capital Management added | 202,063 | $5M | 0.1% | 2026-Q1 |
| Western Wealth Management, LLC trimmed | 189,261 | $4M | 0.1% | 2026-Q1 |
| Valmark Advisers, Inc. added | 174,263 | $4M | 0.1% | 2026-Q1 |
| Keystone Financial Group added | 171,707 | $4M | 0.1% | 2026-Q1 |
| Visionary Wealth Advisors added | 163,560 | $4M | 0.1% | 2026-Q1 |
| West Wealth Group, LLC added | 158,721 | $4M | 0.1% | 2026-Q1 |
| Vertex Planning Partners, LLC added | 138,786 | $3M | 0.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 137,196 | $3M | 0.0% | 2026-Q1 |
| Vise Technologies, Inc. | 132,595 | $3M | 0.0% | 2026-Q1 |
| EHRLICH FINANCIAL GROUP added | 131,490 | $3M | 0.0% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 129,862 | $3M | 0.0% | 2026-Q1 |
| Spectrum Planning & Advisory Services Inc. added | 128,424 | $3M | 0.0% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 123,948 | $3M | 0.0% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 122,607 | $3M | 0.0% | 2026-Q1 |
| Dynamic Advisor Solutions LLC added | 122,455 | $3M | 0.0% | 2026-Q1 |
| Kingsview Wealth Management, LLC trimmed | 119,021 | $3M | 0.0% | 2026-Q1 |
| Seed Wealth Management, Inc. trimmed | 118,560 | $3M | 0.0% | 2026-Q1 |
| Apollon Financial, LLC new | 115,219 | $3M | 0.0% | 2026-Q1 |
| CacheTech Inc. added | 106,495 | $2M | 0.0% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 103,264 | $2M | 0.0% | 2026-Q1 |
| DIVERSIFY WEALTH MANAGEMENT, LLC added | 99,734 | $2M | 0.0% | 2026-Q1 |
| Kestra Advisory Services, LLC trimmed | 98,278 | $2M | 0.0% | 2026-Q1 |
| Alesco Advisors, LLC, An ESL Co | 96,070 | $2M | 0.0% | 2026-Q1 |
| Adams Wealth Management added | 96,061 | $2M | 0.0% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 94,559 | $2M | 0.0% | 2026-Q1 |
| Forefront Wealth Partners, LLC added | 89,161 | $2M | 0.0% | 2026-Q1 |
| Archer Investment Management, LLC added | 87,193 | $2M | 0.0% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 86,650 | $2M | 0.0% | 2026-Q1 |
| Strategic Financial Concepts, LLC added | 1,917,761 | $43M | 0.7% | 2025-Q3 stale |
| BlackRock, Inc. trimmed | 546,515 | $12M | 0.2% | 2025-Q3 stale |
| CITADEL ADVISORS LLC added | 361,727 | $8M | 0.1% | 2025-Q3 stale |
| KWB Wealth trimmed | 269,723 | $6M | 0.1% | 2025-Q1 stale |
| RETIREMENT CAPITAL STRATEGIES added | 250,812 | $6M | 0.1% | 2025-Q4 stale |
| Good Life Advisors, LLC added | 210,147 | $5M | 0.1% | 2025-Q2 stale |
| TOWNSQUARE CAPITAL LLC trimmed | 161,096 | $4M | 0.1% | 2025-Q2 stale |
| JANE STREET GROUP, LLC added | 151,202 | $3M | 0.1% | 2025-Q4 stale |
| Fisher Asset Management, LLC trimmed | 147,312 | $3M | 0.1% | 2025-Q2 stale |
| RITHOLTZ WEALTH MANAGEMENT new | 143,353 | $3M | 0.0% | 2025-Q1 stale |
| Q3 Asset Management new | 128,601 | $3M | 0.0% | 2025-Q4 stale |
| Synergy Investment Management, LLC trimmed | 104,423 | $2M | 0.0% | 2025-Q1 stale |
| Advisor Resource Council added | 99,404 | $2M | 0.0% | 2025-Q1 stale |
| COBBLESTONE CAPITAL ADVISORS LLC /NY/ added | 93,645 | $2M | 0.0% | 2025-Q3 stale |
| Willow Creek Wealth Management Inc. added | 92,874 | $2M | 0.0% | 2025-Q3 stale |
| Redwood Financial Network Corp trimmed | 92,797 | $2M | 0.0% | 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.