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Institutional Ownership · SEC Form 13F

Who owns SPMC (SPMC)


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

11
Institutional holders
11,992,529
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on SPMC is one-sided between 2025-Q4 and 2026-Q1: 0 added or opened and 5 trimmed or exited — on balance reducing.

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

SPMC’s largest tracked holder by dollar value, KIM, LLC, sizes it at 30.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 30.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in SPMC 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 11 tracked filers holding SPMC, 6 increased or opened the position and 10 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.

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 SPMC 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.

Full exits 1

  • Karpus Management, Inc.$41M

Largest trims

  • KIM, LLC$52M
  • BANK OF AMERICA CORP /DE/$2M
  • GOLDMAN SACHS GROUP INC$2M
  • MORGAN STANLEY$494K

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
KIM, LLC10,790,928$97M78.5%2026-Q1
BANK OF AMERICA CORP /DE/500,000$4M3.6%2026-Q1
GOLDMAN SACHS GROUP INC added475,092$4M3.5%2026-Q1
Everest Management Corp. added96,819$867K0.7%2026-Q1
Virtus Investment Advisers, LLC added67,142$601K0.5%2026-Q1
Cerity Partners LLC new20,270$181K0.1%2026-Q1
JANE STREET GROUP, LLC new16,044$144K0.1%2026-Q1
OPPENHEIMER & CO INC13,700$123K0.1%2026-Q1
MORGAN STANLEY trimmed8,014$72K0.1%2026-Q1
UBS Group AG added4,320$39K0.0%2026-Q1
BNP PARIBAS FINANCIAL MARKETS200$2K0.0%2026-Q1
Karpus Management, Inc. new402,904$10M8.2%2025-Q4 stale
ENVESTNET ASSET MANAGEMENT INC added145,851$3M2.4%2025-Q1 stale
CHOREO, LLC trimmed23,396$467K0.4%2025-Q1 stale
Running Point Capital Advisors, LLC trimmed31,511$433K0.4%2025-Q4 stale
CITADEL ADVISORS LLC added28,227$388K0.3%2025-Q4 stale
MARSHALL WACE, LLP trimmed26,897$370K0.3%2025-Q4 stale
Black Swift Group, LLC22,500$309K0.3%2025-Q4 stale
BlackRock, Inc. new11,974$239K0.2%2025-Q1 stale
Thomas J. Herzfeld Advisors, Inc. trimmed13,720$189K0.2%2025-Q4 stale
BRC Group Holdings, Inc. trimmed47,510$147K0.1%2025-Q3 stale
NBC SECURITIES, INC. trimmed2,420$61K0.0%2025-Q4 stale
BARCLAYS PLC new469$9K0.0%2025-Q1 stale
Rockefeller Capital Management L.P. new362$6K0.0%2025-Q3 stale
OSAIC HOLDINGS, INC. added456$6K0.0%2025-Q4 stale
Tower Research Capital LLC (TRC) new200$4K0.0%2025-Q1 stale
HARBOUR INVESTMENTS, INC. new252$3K0.0%2025-Q4 stale
Royal Bank of Canada trimmed51$1K0.0%2025-Q2 stale
CONCOURSE FINANCIAL GROUP SECURITIES, INC.00.0%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