Who owns SPVM
Which tracked institutional funds hold SPVM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SPVM company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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
9 tracked funds added or opened SPVM while 4 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
SPVM’s largest tracked holder by dollar value, LPL Financial LLC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SPVM 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 32 tracked filers holding SPVM, 18 increased or opened the position and 13 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 SPVM 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 4
- Tactive Advisors, LLC$6M
- HARBOUR INVESTMENTS, INC.$1M
- Perennial Investment Advisors, LLC$597K
- THOROUGHBRED FINANCIAL SERVICES, LLC$591K
Full exits 1
- IFG Advisory, LLC$850K
Largest adds
- LPL Financial LLC$4M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$1M
- JONES FINANCIAL COMPANIES LLLP$598K
- OSAIC HOLDINGS, INC.$336K
- CAPSTONE WEALTH MANAGEMENT GROUP, LLC$305K
Largest trims
- RAYMOND JAMES FINANCIAL INC$14M
- MORGAN STANLEY$1M
- BANK OF AMERICA CORP /DE/$316K
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 |
|---|---|---|---|---|
| LPL Financial LLC added | 196,116 | $14M | 22.6% | 2026-Q1 |
| Beta Wealth Group, Inc. trimmed | 172,124 | $12M | 19.9% | 2026-Q1 |
| CAPSTONE WEALTH MANAGEMENT GROUP, LLC added | 159,658 | $11M | 18.4% | 2026-Q1 |
| Tactive Advisors, LLC new | 90,263 | $6M | 10.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 53,838 | $4M | 6.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 32,086 | $2M | 3.7% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. new | 20,613 | $1M | 2.4% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 20,488 | $1M | 2.4% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 19,899 | $1M | 2.3% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 17,660 | $1M | 2.0% | 2026-Q1 |
| Perennial Investment Advisors, LLC new | 8,662 | $597K | 1.0% | 2026-Q1 |
| THOROUGHBRED FINANCIAL SERVICES, LLC new | 8,585 | $591K | 1.0% | 2026-Q1 |
| MORGAN STANLEY trimmed | 7,182 | $495K | 0.8% | 2026-Q1 |
| Tower Research Capital LLC (TRC) added | 6,796 | $468K | 0.8% | 2026-Q1 |
| Cooper Financial Group trimmed | 6,670 | $460K | 0.8% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 6,431 | $443K | 0.7% | 2026-Q1 |
| Thrivent Financial for Lutherans trimmed | 5,942 | $409K | 0.7% | 2026-Q1 |
| PRIVATE TRUST CO NA | 4,620 | $318K | 0.5% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 3,206 | $221K | 0.4% | 2026-Q1 |
| Accent Capital Management, LLC | 1,000 | $69K | 0.1% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 613 | $42K | 0.1% | 2026-Q1 |
| ABOUND FINANCIAL, LLC added | 562 | $39K | 0.1% | 2026-Q1 |
| Clearstead Advisors, LLC | 400 | $28K | 0.0% | 2026-Q1 |
| Root Financial Partners, LLC new | 283 | $19K | 0.0% | 2026-Q1 |
| Sound Income Strategies, LLC | 209 | $14K | 0.0% | 2026-Q1 |
| CWM, LLC new | 114 | $8K | 0.0% | 2026-Q1 |
| IFP Advisors, Inc added | 76 | $5K | 0.0% | 2026-Q1 |
| Key Financial Inc | 59 | $4K | 0.0% | 2026-Q1 |
| Sunbelt Securities, Inc. | 12 | $827 | 0.0% | 2026-Q1 |
| FMR LLC added | 7 | $482 | 0.0% | 2026-Q1 |
| Larson Financial Group LLC trimmed | 1 | $53 | 0.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 0 | $11 | 0.0% | 2026-Q1 |
| IFG Advisory, LLC | 12,536 | $850K | 1.4% | 2025-Q4 stale |
| NewEdge Advisors, LLC trimmed | 4,567 | $310K | 0.5% | 2025-Q4 stale |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 3,996 | $229K | 0.4% | 2025-Q1 stale |
| Kestra Advisory Services, LLC new | 1,103 | $75K | 0.1% | 2025-Q4 stale |
| SageView Advisory Group, LLC new | 634 | $43K | 0.1% | 2025-Q4 stale |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC new | 150 | $10K | 0.0% | 2025-Q4 stale |
| CITIGROUP INC new | 100 | $7K | 0.0% | 2025-Q3 stale |
| UBS Group AG added | 28 | $2K | 0.0% | 2025-Q2 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 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.
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.