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Institutional Ownership · SEC Form 13F

Who owns SPPP (SPPP)


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

76
Institutional holders
12,085,422
Shares held (tracked funds)

How the tape is positioned

10 tracked funds added or opened SPPP while 17 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

SPPP’s largest tracked holder by dollar value, IMC-Chicago, LLC, sizes it at 0.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in SPPP 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 76 tracked filers holding SPPP, 45 increased or opened the position and 33 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 SPPP 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 3

  • GOLDMAN SACHS GROUP INC$20M
  • Weiss Asset Management LP$11M
  • Logan Stone Capital, LLC$8M

Full exits 2

  • HATCH COVE CAPITAL, LLC$14M
  • Pictet Asset Management Holding SA$8M

Largest adds

  • IMC-Chicago, LLC$10M
  • Cedrus Wealth Group LLC$3M
  • OSAIC HOLDINGS, INC.$1M
  • INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC$962K
  • XTX Topco Ltd$548K
  • RAYMOND JAMES FINANCIAL INC$373K

Largest trims

  • JANE STREET GROUP, LLC$23M
  • ROYAL BANK OF CANADA$3M
  • Nokomis Capital, L.L.C.$3M
  • MORGAN STANLEY$2M
  • WOLVERINE ASSET MANAGEMENT LLC$1M
  • ENVESTNET ASSET MANAGEMENT INC$1M

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
IMC-Chicago, LLC added3,002,396$47M20.1%2026-Q1
GOLDMAN SACHS GROUP INC new1,259,769$20M8.4%2026-Q1
Fielder Capital Group LLC added872,799$14M5.8%2026-Q1
MORGAN STANLEY trimmed859,761$13M5.8%2026-Q1
ROYAL BANK OF CANADA trimmed742,101$12M5.0%2026-Q1
Weiss Asset Management LP added695,443$11M4.7%2026-Q1
RAYMOND JAMES FINANCIAL INC added592,306$9M4.0%2026-Q1
Nokomis Capital, L.L.C. trimmed546,814$8M3.7%2026-Q1
Logan Stone Capital, LLC new537,219$8M3.6%2026-Q1
Cedrus Wealth Group LLC added470,214$7M3.2%2026-Q1
JANE STREET GROUP, LLC trimmed192,633$3M1.3%2026-Q1
OSAIC HOLDINGS, INC. added166,097$3M1.1%2026-Q1
SPROTT INC. trimmed159,927$2M1.1%2026-Q1
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added139,518$2M0.9%2026-Q1
STIFEL FINANCIAL CORP added138,692$2M0.9%2026-Q1
OneDigital Investment Advisors LLC trimmed133,306$2M0.9%2026-Q1
Kestra Advisory Services, LLC trimmed132,125$2M0.9%2026-Q1
LPL Financial LLC trimmed129,257$2M0.9%2026-Q1
ENVESTNET ASSET MANAGEMENT INC trimmed121,132$2M0.8%2026-Q1
Beacon Pointe Advisors, LLC added95,476$1M0.6%2026-Q1
WOLVERINE ASSET MANAGEMENT LLC trimmed85,318$1M0.6%2026-Q1
HighTower Advisors, LLC trimmed70,912$1M0.5%2026-Q1
Cetera Investment Advisers trimmed69,008$1M0.5%2026-Q1
XTX Topco Ltd added68,765$1M0.5%2026-Q1
Wakefield Asset Management LLLP added65,400$1M0.4%2026-Q1
Federation des caisses Desjardins du Quebec added62,590$967K0.4%2026-Q1
HC Advisors, LLC added53,521$831K0.4%2026-Q1
BANK OF MONTREAL /CAN/ trimmed44,791$695K0.3%2026-Q1
Cerity Partners LLC40,175$624K0.3%2026-Q1
Cannell & Spears LLC added35,000$544K0.2%2026-Q1
Private Advisor Group, LLC trimmed33,699$523K0.2%2026-Q1
UBS Group AG trimmed33,198$516K0.2%2026-Q1
JOHNSON INVESTMENT COUNSEL INC new30,000$466K0.2%2026-Q1
Bayshore Capital Advisors, LLC26,800$416K0.2%2026-Q1
Cambridge Investment Research Advisors, Inc. added26,461$411K0.2%2026-Q1
HUB Investment Partners, LLC new25,000$388K0.2%2026-Q1
&PARTNERS25,000$388K0.2%2026-Q1
TOCQUEVILLE ASSET MANAGEMENT L.P.23,000$357K0.2%2026-Q1
Steward Partners Investment Advisory, LLC added22,370$347K0.1%2026-Q1
Stratos Wealth Partners, LTD. trimmed22,229$345K0.1%2026-Q1
NATIONAL BANK OF CANADA /FI/ added24,165$344K0.1%2026-Q1
FIDELIS CAPITAL PARTNERS, LLC new20,000$311K0.1%2026-Q1
LAFFER TENGLER INVESTMENTS, INC. new20,000$311K0.1%2026-Q1
Janney Montgomery Scott LLC new19,050$296K0.1%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added17,604$273K0.1%2026-Q1
Pettinga Financial Advisors LLC added16,250$252K0.1%2026-Q1
Wealthcare Advisory Partners LLC added15,917$247K0.1%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed15,225$239K0.1%2026-Q1
Strategic Investment Solutions, Inc. /IL added13,702$213K0.1%2026-Q1
Brookstone Capital Management trimmed10,486$163K0.1%2026-Q1
Prospera Financial Services Inc10,000$155K0.1%2026-Q1
Central Pacific Bank - Trust Division new8,849$137K0.1%2026-Q1
Dogwood Wealth Management LLC new6,300$98K0.0%2026-Q1
Advisory Services Network, LLC added5,550$86K0.0%2026-Q1
Main Street Group, LTD trimmed5,000$78K0.0%2026-Q1
AdvisorNet Financial, Inc added4,835$75K0.0%2026-Q1
HOLLENCREST CAPITAL MANAGEMENT added3,750$58K0.0%2026-Q1
IFP Advisors, Inc3,000$47K0.0%2026-Q1
TD Waterhouse Canada Inc. added2,233$35K0.0%2026-Q1
Ancora Advisors LLC2,000$31K0.0%2026-Q1
HHM Wealth Advisors, LLC1,700$26K0.0%2026-Q1
Caldwell Trust Co1,640$25K0.0%2026-Q1
Tower Research Capital LLC (TRC) added1,479$23K0.0%2026-Q1
Twin Lakes Capital Management, LLC1,000$16K0.0%2026-Q1
Lodestone Wealth Management LLC new1,000$16K0.0%2026-Q1
WELLS FARGO & COMPANY/MN trimmed1,000$16K0.0%2026-Q1
Ascentis Wealth Management, LLC new788$12K0.0%2026-Q1
Rossby Financial, LCC new590$9K0.0%2026-Q1
CONTRAVISORY INVESTMENT MANAGEMENT, INC. new543$8K0.0%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. trimmed500$8K0.0%2026-Q1
HATCH COVE CAPITAL, LLC new831,600$14M6.0%2025-Q4 stale
Pale Fire Capital SE new1,172,523$14M5.9%2025-Q2 stale
Pictet Asset Management Holding SA added469,466$8M3.4%2025-Q4 stale
Financial Enhancement Group LLC added131,675$2M0.7%2025-Q2 stale
Trek Financial, LLC new98,840$982K0.4%2025-Q1 stale
SEAVIEW INVESTMENT MANAGERS LLC added68,167$800K0.3%2025-Q2 stale
Sigma Planning Corp added48,420$568K0.2%2025-Q2 stale
IHT Wealth Management, LLC trimmed42,911$503K0.2%2025-Q2 stale
BOOTHBAY FUND MANAGEMENT, LLC41,562$488K0.2%2025-Q2 stale
TWO SIGMA SECURITIES, LLC added27,554$464K0.2%2025-Q4 stale
J.W. COLE ADVISORS, INC. trimmed26,460$446K0.2%2025-Q4 stale
Marex Group plc trimmed42,287$420K0.2%2025-Q1 stale
Synergy Asset Management, LLC added32,890$386K0.2%2025-Q3 stale
Morling Financial Advisors, LLC19,000$320K0.1%2025-Q4 stale
CITADEL ADVISORS LLC added20,632$280K0.1%2025-Q3 stale
Peak Retirement Planning, Inc. new13,928$235K0.1%2025-Q4 stale
Ameritas Advisory Services, LLC trimmed15,748$214K0.1%2025-Q3 stale
CIBC WORLD MARKET INC. trimmed16,774$164K0.1%2025-Q1 stale
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed11,811$139K0.1%2025-Q2 stale
ISLAY CAPITAL MANAGEMENT, LLC5,000$84K0.0%2025-Q4 stale
BNP PARIBAS5,000$59K0.0%2025-Q2 stale
NewEdge Advisors, LLC added2,765$47K0.0%2025-Q4 stale
CIBC Private Wealth Group LLC new2,693$45K0.0%2025-Q4 stale
BANK OF AMERICA CORP /DE/ added2,250$38K0.0%2025-Q4 stale
US BANCORP \DE\2,545$30K0.0%2025-Q2 stale
Uniplan Investment Counsel, Inc. trimmed1,567$26K0.0%2025-Q4 stale
AMERIFLEX GROUP, INC.1,740$21K0.0%2025-Q2 stale
GHP Investment Advisors, Inc. new1,340$13K0.0%2025-Q1 stale
Laurel Wealth Advisors LLC600$10K0.0%2025-Q4 stale
Kiker Wealth Management, LLC550$6K0.0%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