Who owns SPUU
Which tracked institutional funds hold SPUU, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SPUU company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 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
7 tracked funds added or opened SPUU while 4 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
SPUU’s largest tracked holder by dollar value, Miller Value Partners, LLC, sizes it at 5.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 5.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SPUU 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 25 tracked filers holding SPUU, 10 increased or opened the position and 15 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 SPUU 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 4
- Miller Value Partners, LLC$25M
- Advisors Preferred, LLC$8M
- CITADEL ADVISORS LLC$2M
- Client First Investment Management LLC$1M
Full exits 1
- Robinson Value Management, Ltd.$12M
Largest adds
- US BANCORP \DE\$1M
- Dedeker Financial LLC$862K
- Portus Wealth Advisors, LLC$700K
Largest trims
- Tower Research Capital LLC (TRC)$7M
- Inscription Capital, LLC$674K
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$518K
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 |
|---|---|---|---|---|
| Miller Value Partners, LLC new | 114,078 | $25M | 20.5% | 2026-Q2 |
| Advisors Preferred, LLC new | 36,152 | $8M | 6.4% | 2026-Q2 |
| US BANCORP \DE\ | 21,015 | $5M | 3.8% | 2026-Q2 |
| Dedeker Financial LLC added | 14,431 | $3M | 2.6% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 13,234 | $3M | 2.4% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 7,788 | $2M | 1.4% | 2026-Q2 |
| Client First Investment Management LLC new | 5,849 | $1M | 1.1% | 2026-Q2 |
| Insight Wealth Partners, LLC trimmed | 4,676 | $1M | 0.8% | 2026-Q2 |
| Inscription Capital, LLC trimmed | 3,911 | $843K | 0.7% | 2026-Q2 |
| Chung Wu Investment Group, LLC trimmed | 3,400 | $733K | 0.6% | 2026-Q2 |
| Portus Wealth Advisors, LLC added | 3,260 | $703K | 0.6% | 2026-Q2 |
| SIMPLEX TRADING, LLC trimmed | 1,937 | $418K | 0.3% | 2026-Q2 |
| Bison Wealth, LLC added | 1,452 | $316K | 0.3% | 2026-Q2 |
| Arax Advisory Partners | 1,161 | $250K | 0.2% | 2026-Q2 |
| Marex Group Ltd new | 1,144 | $247K | 0.2% | 2026-Q2 |
| FORTRESS PRIVATE LEDGER, LLC new | 1,095 | $236K | 0.2% | 2026-Q2 |
| Larson Financial Group LLC added | 1,014 | $219K | 0.2% | 2026-Q2 |
| Tower Research Capital LLC (TRC) trimmed | 966 | $208K | 0.2% | 2026-Q2 |
| SBI Securities Co., Ltd. trimmed | 451 | $97K | 0.1% | 2026-Q2 |
| ST GERMAIN D J CO INC | 180 | $39K | 0.0% | 2026-Q2 |
| Allworth Financial LP | 96 | $21K | 0.0% | 2026-Q2 |
| UBS Group AG trimmed | 77 | $17K | 0.0% | 2026-Q2 |
| Atlantic Union Bankshares Corp | 22 | $5K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC | 15 | $3K | 0.0% | 2026-Q2 |
| MORGAN STANLEY | 1 | $380 | 0.0% | 2026-Q2 |
| Robinson Value Management, Ltd. new | 74,698 | $12M | 10.3% | 2026-Q1 stale (1 quarter behind) |
| CPR Investments Inc. new | 2,102 | $348K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Sonoma Allocations LLC added | 1,275 | $215K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Mariner, LLC added | 1,215 | $201K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Legacy Wealth Managment, LLC/ID trimmed | 461 | $76K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Qube Research & Technologies Ltd trimmed | 55 | $9K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| HARBOUR INVESTMENTS, INC. new | 0 | $21 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Revere Asset Management, Inc new | 122,820 | $23M | 18.9% | 2025-Q4 stale (2 quarters behind) |
| EXCHANGE TRADED CONCEPTS, LLC trimmed | 112,068 | $21M | 17.2% | 2025-Q4 stale (2 quarters behind) |
| Virtu Financial LLC added | 35,007 | $6M | 5.4% | 2025-Q4 stale (2 quarters behind) |
| FLOW TRADERS U.S. LLC added | 4,198 | $773K | 0.6% | 2025-Q4 stale (2 quarters behind) |
| Main Street Group, LTD | 178 | $32K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Wealthspire Advisors, LLC new | 35 | $6K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| OSAIC HOLDINGS, INC. | 3 | $613 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| IMC-Chicago, LLC new | 31,304 | $5M | 4.1% | 2025-Q2 stale (4 quarters behind) |
| Legacy Investment Solutions, LLC added | 482 | $75K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| Geneos Wealth Management Inc. | 71 | $11K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.