Who owns SPMD (SPMD)
Which tracked institutional funds hold SPMD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SPMD 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
204 tracked funds added or opened SPMD while 82 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
SPMD’s largest tracked holder by dollar value, Creative Planning, sizes it at 3.9% of its own reported 13F book, while the median holder sizes it at 0.8% of theirs — a 3.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SPMD 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 804 tracked filers holding SPMD, 452 increased or opened the position and 321 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 SPMD 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 24
- SUN LIFE FINANCIAL INC$24M
- OneAscent Financial Services LLC$23M
- CIBC Bancorp USA Inc.$17M
- My Portfolio Guide, LLC$12M
- RETIREMITTEN FINANCIAL LLC$8M
- CONSOLIDATED CAPITAL MANAGEMENT, LLC$7M
Full exits 21
- Global Retirement Partners, LLC$27M
- PARK AVENUE SECURITIES LLC$13M
- Austin Private Wealth, LLC$10M
- IFG Advisory, LLC$5M
- SOL Capital Management CO$4M
- BANK OF NOVA SCOTIA$4M
Largest adds
- Creative Planning$357M
- UBS Group AG$143M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$115M
- ENVESTNET ASSET MANAGEMENT INC$80M
- RAYMOND JAMES FINANCIAL INC$33M
- TSG Advice Partners, LLC$27M
Largest trims
- MORGAN STANLEY$344M
- TEXAS PERMANENT SCHOOL FUND CORP$143M
- CWM, LLC$74M
- NATIONAL BANK OF CANADA /FI/$34M
- Betterment LLC$29M
- BNP PARIBAS FINANCIAL MARKETS$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 |
|---|---|---|---|---|
| Creative Planning added | 96,641,159 | $5.7B | 44.5% | 2026-Q1 |
| Betterment LLC trimmed | 20,199,297 | $1.2B | 9.3% | 2026-Q1 |
| LPL Financial LLC added | 12,852,544 | $761M | 5.9% | 2026-Q1 |
| Valmark Advisers, Inc. added | 7,215,287 | $427M | 3.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 4,147,870 | $246M | 1.9% | 2026-Q1 |
| UBS Group AG added | 3,838,500 | $227M | 1.8% | 2026-Q1 |
| MORGAN STANLEY trimmed | 3,797,715 | $225M | 1.7% | 2026-Q1 |
| AlTi Global, Inc. trimmed | 2,823,459 | $167M | 1.3% | 2026-Q1 |
| Facet Wealth, Inc. added | 2,584,146 | $153M | 1.2% | 2026-Q1 |
| CWM, LLC trimmed | 2,263,455 | $134M | 1.0% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 1,996,959 | $118M | 0.9% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 1,948,480 | $115M | 0.9% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,931,806 | $114M | 0.9% | 2026-Q1 |
| First Command Advisory Services, Inc. added | 1,827,743 | $108M | 0.8% | 2026-Q1 |
| MASON STREET ADVISORS, LLC trimmed | 1,561,969 | $92M | 0.7% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 1,444,297 | $86M | 0.7% | 2026-Q1 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC added | 1,434,068 | $85M | 0.7% | 2026-Q1 |
| Hancock Prospecting Pty Ltd | 1,410,470 | $84M | 0.6% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 1,351,739 | $80M | 0.6% | 2026-Q1 |
| Auto-Owners Insurance Co trimmed | 1,330,000 | $79M | 0.6% | 2026-Q1 |
| Hills Bank & Trust Co added | 1,293,637 | $77M | 0.6% | 2026-Q1 |
| Wealthcare Advisory Partners LLC added | 1,182,205 | $70M | 0.5% | 2026-Q1 |
| Cornerstone Wealth Management, LLC added | 1,116,124 | $66M | 0.5% | 2026-Q1 |
| Koss-Olinger Consulting, LLC added | 1,063,343 | $63M | 0.5% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 1,048,799 | $62M | 0.5% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 921,272 | $55M | 0.4% | 2026-Q1 |
| VICUS CAPITAL added | 916,169 | $54M | 0.4% | 2026-Q1 |
| GREENLEAF TRUST added | 901,608 | $53M | 0.4% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 865,545 | $51M | 0.4% | 2026-Q1 |
| JNBA Financial Advisors trimmed | 851,280 | $50M | 0.4% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 846,222 | $50M | 0.4% | 2026-Q1 |
| BLAIR WILLIAM & CO/IL added | 838,805 | $50M | 0.4% | 2026-Q1 |
| BOKF, NA added | 825,398 | $49M | 0.4% | 2026-Q1 |
| HHM Wealth Advisors, LLC added | 814,372 | $48M | 0.4% | 2026-Q1 |
| AlphaStar Capital Management, LLC trimmed | 807,648 | $48M | 0.4% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 797,017 | $48M | 0.4% | 2026-Q1 |
| 1900 WEALTH MANAGEMENT LLC added | 756,760 | $45M | 0.3% | 2026-Q1 |
| Composition Wealth, LLC added | 743,651 | $44M | 0.3% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 737,838 | $44M | 0.3% | 2026-Q1 |
| Peterson Wealth Advisors, LLC trimmed | 730,796 | $43M | 0.3% | 2026-Q1 |
| RETIREMENT INCOME SOLUTIONS, INC added | 717,188 | $42M | 0.3% | 2026-Q1 |
| RKL Wealth Management LLC trimmed | 679,439 | $40M | 0.3% | 2026-Q1 |
| Impact Partnership Wealth, LLC added | 646,479 | $38M | 0.3% | 2026-Q1 |
| Equitable Holdings, Inc. added | 613,104 | $36M | 0.3% | 2026-Q1 |
| OARSMAN CAPITAL, INC. added | 590,328 | $35M | 0.3% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ trimmed | 570,200 | $34M | 0.3% | 2026-Q1 |
| Atlas Private Wealth Advisors trimmed | 550,238 | $33M | 0.3% | 2026-Q1 |
| TEXAS PERMANENT SCHOOL FUND CORP trimmed | 521,398 | $31M | 0.2% | 2026-Q1 |
| BlackRock, Inc. added | 508,210 | $30M | 0.2% | 2026-Q1 |
| Gerber Kawasaki Wealth & Investment Management added | 499,427 | $30M | 0.2% | 2026-Q1 |
| Envestnet Portfolio Solutions, Inc. added | 477,927 | $28M | 0.2% | 2026-Q1 |
| TSG Advice Partners, LLC added | 476,138 | $28M | 0.2% | 2026-Q1 |
| CAHABA WEALTH MANAGEMENT, INC. added | 470,043 | $28M | 0.2% | 2026-Q1 |
| Corient Private Wealth LLC added | 480,568 | $28M | 0.2% | 2026-Q1 |
| Waverly Advisors, LLC added | 467,052 | $28M | 0.2% | 2026-Q1 |
| Financial Strategies Group, Inc. added | 429,850 | $27M | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 461,977 | $27M | 0.2% | 2026-Q1 |
| ASSETMARK, INC added | 443,169 | $26M | 0.2% | 2026-Q1 |
| ST GERMAIN D J CO INC trimmed | 422,062 | $25M | 0.2% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 510,122 | $25M | 0.2% | 2026-Q1 |
| First National Trust Co trimmed | 406,826 | $24M | 0.2% | 2026-Q1 |
| Penserra Capital Management LLC added | 406,468 | $24M | 0.2% | 2026-Q1 |
| Integrity Advisory Solutions, LLC added | 404,179 | $24M | 0.2% | 2026-Q1 |
| Dakota Wealth Management added | 402,793 | $24M | 0.2% | 2026-Q1 |
| Thrivent Financial for Lutherans trimmed | 400,690 | $24M | 0.2% | 2026-Q1 |
| SUN LIFE FINANCIAL INC trimmed | 398,410 | $24M | 0.2% | 2026-Q1 |
| Cerity Partners LLC added | 387,471 | $23M | 0.2% | 2026-Q1 |
| OneAscent Financial Services LLC trimmed | 386,070 | $23M | 0.2% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 384,005 | $23M | 0.2% | 2026-Q1 |
| Ellenbecker Investment Group added | 381,732 | $23M | 0.2% | 2026-Q1 |
| Octavia Wealth Advisors, LLC added | 364,922 | $22M | 0.2% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 363,211 | $22M | 0.2% | 2026-Q1 |
| RFG Advisory, LLC trimmed | 347,950 | $21M | 0.2% | 2026-Q1 |
| RESTON WEALTH MANAGEMENT LLC trimmed | 342,090 | $20M | 0.2% | 2026-Q1 |
| Independent Advisor Alliance added | 337,421 | $20M | 0.2% | 2026-Q1 |
| EVERMAY WEALTH MANAGEMENT LLC added | 331,194 | $20M | 0.2% | 2026-Q1 |
| Crews Bank & Trust trimmed | 328,133 | $19M | 0.2% | 2026-Q1 |
| Marathon Strategic Advisors, LLC added | 326,708 | $19M | 0.2% | 2026-Q1 |
| Geneos Wealth Management Inc. added | 326,197 | $19M | 0.2% | 2026-Q1 |
| Mariner, LLC trimmed | 304,418 | $18M | 0.1% | 2026-Q1 |
| Savant Capital, LLC trimmed | 301,052 | $18M | 0.1% | 2026-Q1 |
| Allworth Financial LP added | 300,883 | $18M | 0.1% | 2026-Q1 |
| Financial Gravity Asset Management, Inc. added | 299,322 | $18M | 0.1% | 2026-Q1 |
| Shepherd Financial Partners LLC trimmed | 295,835 | $18M | 0.1% | 2026-Q1 |
| Alta Wealth Advisors LLC added | 294,650 | $17M | 0.1% | 2026-Q1 |
| New Perspectives, Inc added | 292,424 | $17M | 0.1% | 2026-Q1 |
| CIBC Bancorp USA Inc. new | 291,283 | $17M | 0.1% | 2026-Q1 |
| Avior Wealth Management, LLC added | 286,401 | $17M | 0.1% | 2026-Q1 |
| Gladstone Institutional Advisory LLC added | 286,365 | $17M | 0.1% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 283,790 | $17M | 0.1% | 2026-Q1 |
| Summit Trail Advisors, LLC trimmed | 276,328 | $16M | 0.1% | 2026-Q1 |
| Cetera Investment Advisers added | 274,600 | $16M | 0.1% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 282,079 | $16M | 0.1% | 2026-Q1 |
| EXCHANGE TRADED CONCEPTS, LLC added | 1,881,210 | $108M | 0.8% | 2025-Q3 stale |
| MBB PUBLIC MARKETS I LLC added | 942,381 | $48M | 0.4% | 2025-Q1 stale |
| Good Life Advisors, LLC added | 810,600 | $44M | 0.3% | 2025-Q2 stale |
| Global Retirement Partners, LLC trimmed | 468,852 | $27M | 0.2% | 2025-Q4 stale |
| Mach-1 Financial Group, LLC added | 406,116 | $23M | 0.2% | 2025-Q3 stale |
| Abich Financial Wealth Management LLC added | 315,310 | $18M | 0.1% | 2025-Q3 stale |
| TLWM trimmed | 351,963 | $18M | 0.1% | 2025-Q1 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.