Who owns SPTM
Which tracked institutional funds hold SPTM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SPTM company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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
The tracked-fund tape on SPTM is one-sided between 2026-Q1 and 2026-Q2: 285 added or opened and 54 trimmed or exited — on balance accumulating.
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
SPTM’s largest tracked holder by dollar value, LPL Financial LLC, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 1.5% of theirs — a 1.3pp gap the other way — the median holder sizes SPTM more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in SPTM 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 755 tracked filers holding SPTM, 321 increased or opened the position and 346 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 SPTM 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 23
- STATE OF MICHIGAN RETIREMENT SYSTEM$51M
- Wealthspire Advisors, LLC$44M
- Global Retirement Partners, LLC$13M
- R2 Capital Strategies, LLC$12M
- Financial Management Professionals, Inc.$11M
- Noble Wealth Partners LLC$5M
Full exits 30
- CWM, LLC$265M
- Keener Financial Planning LLC$86M
- Independent Advisor Alliance$71M
- COLDSTREAM CAPITAL MANAGEMENT INC$70M
- Cambridge Investment Research Advisors, Inc.$59M
- GM Advisory Group, LLC$38M
Largest adds
- Professional Financial Advisors, LLC$83M
- LPL Financial LLC$81M
- ASSETMARK, INC$70M
- Creative Planning$59M
- Tidal Investments LLC$38M
- Valmark Advisers, Inc.$36M
Largest trims
- Mariner, LLC$15M
- Legacy Private Trust Co.$13M
- Portfolio Strategies, Inc.$12M
- Gateway Wealth Partners, LLC$10M
- Modern Wealth Management, LLC$8M
- JANE STREET GROUP, LLC$6M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| LPL Financial LLC trimmed | 8,300,927 | $754M | 10.6% | 2026-Q2 |
| ASSETMARK, INC added | 5,507,994 | $500M | 7.0% | 2026-Q2 |
| Creative Planning added | 4,244,480 | $385M | 5.4% | 2026-Q2 |
| Valmark Advisers, Inc. added | 2,961,564 | $269M | 3.8% | 2026-Q2 |
| Tidal Investments LLC added | 2,938,215 | $267M | 3.7% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 2,629,977 | $239M | 3.3% | 2026-Q2 |
| Wealthcare Advisory Partners LLC trimmed | 2,508,062 | $228M | 3.2% | 2026-Q2 |
| Professional Financial Advisors, LLC added | 2,244,068 | $204M | 2.9% | 2026-Q2 |
| Hughes Financial Services, LLC added | 1,730,399 | $157M | 2.2% | 2026-Q2 |
| MORGAN STANLEY added | 1,568,833 | $142M | 2.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 1,540,424 | $140M | 2.0% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 1,498,663 | $136M | 1.9% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 1,430,952 | $131M | 1.8% | 2026-Q2 |
| Syntegra Private Wealth Group, LLC trimmed | 1,360,734 | $124M | 1.7% | 2026-Q2 |
| Modern Wealth Management, LLC trimmed | 1,129,081 | $103M | 1.4% | 2026-Q2 |
| Allworth Financial LP trimmed | 1,047,443 | $95M | 1.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 1,030,968 | $94M | 1.3% | 2026-Q2 |
| ARS Wealth Advisors Group, LLC trimmed | 1,018,751 | $92M | 1.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 999,405 | $91M | 1.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 913,019 | $83M | 1.2% | 2026-Q2 |
| Rockbridge Investment Management, LCC trimmed | 904,261 | $82M | 1.1% | 2026-Q2 |
| Blueprint Investment Partners LLC added | 879,321 | $80M | 1.1% | 2026-Q2 |
| VOISARD ASSET MANAGEMENT GROUP, INC. added | 868,980 | $79M | 1.1% | 2026-Q2 |
| Wealthquest Corp added | 866,474 | $79M | 1.1% | 2026-Q2 |
| Rosenberg Matthew Hamilton added | 858,575 | $78M | 1.1% | 2026-Q2 |
| B.O.S.S. Retirement Advisors, LLC added | 796,314 | $72M | 1.0% | 2026-Q2 |
| Financial Strategies Group, Inc. added | 779,808 | $71M | 1.0% | 2026-Q2 |
| Baltimore-Washington Financial Advisors, Inc. added | 766,306 | $70M | 1.0% | 2026-Q2 |
| Shepherd Financial Partners LLC added | 765,384 | $69M | 1.0% | 2026-Q2 |
| Cerity Partners LLC trimmed | 733,767 | $67M | 0.9% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 689,429 | $63M | 0.9% | 2026-Q2 |
| Weitzel Financial Services, Inc. added | 684,063 | $62M | 0.9% | 2026-Q2 |
| Advisors Capital Management, LLC added | 679,939 | $62M | 0.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 632,610 | $57M | 0.8% | 2026-Q2 |
| Legacy Private Trust Co. trimmed | 626,685 | $57M | 0.8% | 2026-Q2 |
| CVFG LLC added | 616,164 | $56M | 0.8% | 2026-Q2 |
| Winch Advisory Services, LLC added | 597,158 | $54M | 0.8% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 586,138 | $53M | 0.7% | 2026-Q2 |
| STATE OF MICHIGAN RETIREMENT SYSTEM new | 565,479 | $51M | 0.7% | 2026-Q2 |
| Symphony Financial, Ltd. Co. added | 495,226 | $45M | 0.6% | 2026-Q2 |
| Kingsview Wealth Management, LLC added | 491,233 | $45M | 0.6% | 2026-Q2 |
| Wealthspire Advisors, LLC new | 483,994 | $44M | 0.6% | 2026-Q2 |
| Geneos Wealth Management Inc. added | 476,001 | $43M | 0.6% | 2026-Q2 |
| Blueprint Financial Advisors LLC added | 473,446 | $43M | 0.6% | 2026-Q2 |
| N.E.W. Advisory Services LLC added | 472,621 | $43M | 0.6% | 2026-Q2 |
| Aquire Wealth Advisors, LLC trimmed | 466,911 | $42M | 0.6% | 2026-Q2 |
| Winthrop Advisory Group LLC trimmed | 462,176 | $42M | 0.6% | 2026-Q2 |
| Cetera Investment Advisers added | 449,566 | $41M | 0.6% | 2026-Q2 |
| Equitable Holdings, Inc. trimmed | 448,617 | $41M | 0.6% | 2026-Q2 |
| Rialto Wealth Management, LLC added | 427,094 | $39M | 0.5% | 2026-Q2 |
| WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV added | 420,062 | $38M | 0.5% | 2026-Q2 |
| Treasure Coast Financial Planning trimmed | 415,958 | $38M | 0.5% | 2026-Q2 |
| Focus Partners Wealth trimmed | 393,156 | $36M | 0.5% | 2026-Q2 |
| Owl Creek Wealth Partners LLC added | 392,903 | $36M | 0.5% | 2026-Q2 |
| HighPoint Advisor Group LLC added | 387,596 | $35M | 0.5% | 2026-Q2 |
| Jacobi Capital Management LLC added | 372,511 | $34M | 0.5% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 364,366 | $33M | 0.5% | 2026-Q2 |
| Rinkey Investments trimmed | 363,352 | $33M | 0.5% | 2026-Q2 |
| Boston Standard Wealth Management, LLC added | 339,708 | $31M | 0.4% | 2026-Q2 |
| MONEY CONCEPTS CAPITAL CORP added | 329,144 | $30M | 0.4% | 2026-Q2 |
| RFG Advisory, LLC trimmed | 316,100 | $29M | 0.4% | 2026-Q2 |
| Focus Partners Advisor Solutions, LLC added | 312,542 | $28M | 0.4% | 2026-Q2 |
| Navigation Group, LLC trimmed | 308,575 | $28M | 0.4% | 2026-Q2 |
| RVW Wealth, LLC added | 304,009 | $28M | 0.4% | 2026-Q2 |
| Bridgewealth Advisory Group, LLC added | 301,764 | $27M | 0.4% | 2026-Q2 |
| Fox Financial, Inc trimmed | 301,615 | $27M | 0.4% | 2026-Q2 |
| Financial Planning Fort Collins, LLC trimmed | 301,484 | $28M | 0.4% | 2026-Q2 |
| DORVAL Corp added | 294,987 | $27M | 0.4% | 2026-Q2 |
| ABOUND FINANCIAL, LLC trimmed | 284,191 | $26M | 0.4% | 2026-Q2 |
| BIP Wealth, LLC added | 282,526 | $26M | 0.4% | 2026-Q2 |
| SigFig Wealth Management, LLC trimmed | 281,572 | $25M | 0.4% | 2026-Q2 |
| Waverly Advisors, LLC trimmed | 272,566 | $25M | 0.3% | 2026-Q2 |
| Beacon Capital Management, Inc. trimmed | 263,803 | $24M | 0.3% | 2026-Q2 |
| Zhang Financial LLC trimmed | 257,479 | $23M | 0.3% | 2026-Q2 |
| AssuredPartners Investment Advisors, LLC added | 252,181 | $23M | 0.3% | 2026-Q2 |
| Wall Capital Group, Inc. trimmed | 245,135 | $22M | 0.3% | 2026-Q2 |
| Annex Advisory Services, LLC trimmed | 239,129 | $22M | 0.3% | 2026-Q2 |
| Compass Financial Group, INC/SD trimmed | 237,330 | $22M | 0.3% | 2026-Q2 |
| Western Wealth Management, LLC added | 227,132 | $21M | 0.3% | 2026-Q2 |
| MPWM ADVISORY SOLUTIONS, LLC added | 223,805 | $20M | 0.3% | 2026-Q2 |
| Parallel Advisors, LLC trimmed | 221,137 | $20M | 0.3% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 216,002 | $20M | 0.3% | 2026-Q2 |
| Capasso Planning Partners LLC trimmed | 210,645 | $19M | 0.3% | 2026-Q2 |
| HBW ADVISORY SERVICES LLC added | 206,830 | $19M | 0.3% | 2026-Q2 |
| Fourth Dimension Wealth, LLC added | 203,501 | $18M | 0.3% | 2026-Q2 |
| Mueller Wealth, LLC added | 202,687 | $18M | 0.3% | 2026-Q2 |
| Pure Financial Advisors, LLC trimmed | 200,381 | $18M | 0.3% | 2026-Q2 |
| Atlas Private Wealth Advisors added | 186,239 | $17M | 0.2% | 2026-Q2 |
| AlphaCore Capital LLC trimmed | 184,204 | $17M | 0.2% | 2026-Q2 |
| Facet Wealth, Inc. added | 181,997 | $17M | 0.2% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. trimmed | 178,323 | $16M | 0.2% | 2026-Q2 |
| GREAT LAKES ADVISORS, LLC trimmed | 176,855 | $16M | 0.2% | 2026-Q2 |
| Gateway Wealth Partners, LLC trimmed | 176,685 | $16M | 0.2% | 2026-Q2 |
| Bensler, LLC added | 175,956 | $16M | 0.2% | 2026-Q2 |
| Clearstead Advisors, LLC trimmed | 172,651 | $16M | 0.2% | 2026-Q2 |
| Arete Wealth Advisors, LLC added | 171,960 | $16M | 0.2% | 2026-Q2 |
| CABOT WEALTH MANAGEMENT INC added | 171,433 | $16M | 0.2% | 2026-Q2 |
| Ervin Investment Management, LLC added | 168,556 | $15M | 0.2% | 2026-Q2 |
| Snowden Capital Advisors LLC trimmed | 166,409 | $15M | 0.2% | 2026-Q2 |
| Spartan Planning & Wealth Management added | 166,207 | $15M | 0.2% | 2026-Q2 |
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.