Who owns SPYX (SPYX)
Which tracked institutional funds hold SPYX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SPYX 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
The tracked-fund tape on SPYX is one-sided between 2025-Q4 and 2026-Q1: 12 added or opened and 42 trimmed or exited — on balance reducing.
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
SPYX’s largest tracked holder by dollar value, Windmill Hill Asset Management Ltd, sizes it at 66.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 66.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SPYX 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 249 tracked filers holding SPYX, 103 increased or opened the position and 87 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 SPYX 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
- ELEVATION POINT WEALTH PARTNERS, LLC$3M
- IMC-Chicago, LLC$2M
- CITADEL ADVISORS LLC$1M
- Constant Guidance Financial LLC$681K
Full exits 5
- Rathbones Group PLC$19M
- AXXCESS WEALTH MANAGEMENT, LLC$3M
- NerdWallet Wealth Partners, LLC$3M
- Tidal Investments LLC$2M
- TRUST CO OF VERMONT$632K
Largest adds
- ROYAL BANK OF CANADA$2M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$795K
- SEEDS INVESTOR LLC$556K
- Mariner, LLC$392K
- STIFEL FINANCIAL CORP$357K
- Operose Advisors LLC$294K
Largest trims
- Windmill Hill Asset Management Ltd$143M
- Choate Investment Advisors$8M
- Betterment LLC$4M
- Bank of New York Mellon Corp$4M
- XPONANCE LLC$2M
- PNC FINANCIAL SERVICES GROUP, INC.$2M
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 |
|---|---|---|---|---|
| Windmill Hill Asset Management Ltd trimmed | 4,032,340 | $214M | 20.3% | 2026-Q1 |
| Choate Investment Advisors trimmed | 2,377,793 | $126M | 11.9% | 2026-Q1 |
| Betterment LLC added | 1,971,282 | $105M | 9.9% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 1,296,886 | $69M | 6.5% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 1,011,233 | $54M | 5.1% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. trimmed | 512,610 | $27M | 2.6% | 2026-Q1 |
| LPL Financial LLC added | 485,750 | $26M | 2.4% | 2026-Q1 |
| Gemmer Asset Management LLC added | 453,587 | $24M | 2.3% | 2026-Q1 |
| MORGAN STANLEY added | 436,290 | $23M | 2.2% | 2026-Q1 |
| SPINNAKER TRUST added | 432,061 | $23M | 2.2% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 398,330 | $21M | 2.0% | 2026-Q1 |
| PARTNERS CAPITAL INVESTMENT GROUP, LLP added | 357,185 | $19M | 1.8% | 2026-Q1 |
| Allianz SE | 298,008 | $16M | 1.5% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 266,749 | $14M | 1.3% | 2026-Q1 |
| Pathstone Holdings, LLC | 266,117 | $14M | 1.3% | 2026-Q1 |
| Mariner, LLC added | 252,208 | $13M | 1.3% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 238,040 | $13M | 1.2% | 2026-Q1 |
| GOULD ASSET MANAGEMENT LLC /CA/ added | 182,436 | $10M | 0.9% | 2026-Q1 |
| RETIREMENT INCOME SOLUTIONS, INC trimmed | 169,450 | $9M | 0.9% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 160,386 | $9M | 0.8% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 156,283 | $8M | 0.8% | 2026-Q1 |
| Cerity Partners LLC added | 154,946 | $8M | 0.8% | 2026-Q1 |
| SEEDS INVESTOR LLC added | 142,394 | $8M | 0.8% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 140,029 | $7M | 0.7% | 2026-Q1 |
| SEI INVESTMENTS CO added | 123,132 | $7M | 0.6% | 2026-Q1 |
| UBS Group AG trimmed | 107,244 | $6M | 0.5% | 2026-Q1 |
| FOSTER DYKEMA CABOT & PARTNERS, LLC | 100,831 | $5M | 0.5% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 85,871 | $5M | 0.4% | 2026-Q1 |
| CRUX WEALTH ADVISORS trimmed | 85,514 | $5M | 0.4% | 2026-Q1 |
| TIFF ADVISORY SERVICES, LLC trimmed | 84,413 | $4M | 0.4% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 77,048 | $4M | 0.4% | 2026-Q1 |
| XPONANCE LLC trimmed | 74,154 | $4M | 0.4% | 2026-Q1 |
| FLPUTNAM INVESTMENT MANAGEMENT CO trimmed | 70,599 | $4M | 0.4% | 2026-Q1 |
| Stonehearth Capital Management, LLC trimmed | 68,884 | $4M | 0.3% | 2026-Q1 |
| BROWN BROTHERS HARRIMAN & CO | 65,877 | $3M | 0.3% | 2026-Q1 |
| Milestone Investment Advisors LLC added | 61,469 | $3M | 0.3% | 2026-Q1 |
| ELEVATION POINT WEALTH PARTNERS, LLC new | 49,590 | $3M | 0.2% | 2026-Q1 |
| HighTower Advisors, LLC added | 49,206 | $3M | 0.2% | 2026-Q1 |
| Modera Wealth Management, LLC trimmed | 46,400 | $2M | 0.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 45,440 | $2M | 0.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 45,111 | $2M | 0.2% | 2026-Q1 |
| AGF MANAGEMENT LTD trimmed | 43,825 | $2M | 0.2% | 2026-Q1 |
| Creative Planning trimmed | 41,222 | $2M | 0.2% | 2026-Q1 |
| Investment Research & Advisory Group, Inc. added | 3,224 | $2M | 0.2% | 2026-Q1 |
| Oxler Private Wealth LLC added | 36,247 | $2M | 0.2% | 2026-Q1 |
| PFG Advisors added | 35,189 | $2M | 0.2% | 2026-Q1 |
| FMR LLC added | 34,693 | $2M | 0.2% | 2026-Q1 |
| MASECO LLP | 34,150 | $2M | 0.2% | 2026-Q1 |
| IMC-Chicago, LLC added | 33,023 | $2M | 0.2% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 32,953 | $2M | 0.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 32,941 | $2M | 0.2% | 2026-Q1 |
| Boyd Wealth Management, LLC trimmed | 32,717 | $2M | 0.2% | 2026-Q1 |
| MARINO, STRAM & ASSOCIATES LLC trimmed | 32,575 | $2M | 0.2% | 2026-Q1 |
| Fortis Capital Management LLC added | 31,734 | $2M | 0.2% | 2026-Q1 |
| OneDigital Investment Advisors LLC added | 31,313 | $2M | 0.2% | 2026-Q1 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC added | 30,927 | $2M | 0.2% | 2026-Q1 |
| CITIZENS FINANCIAL GROUP INC/RI | 30,200 | $2M | 0.2% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC | 28,572 | $2M | 0.1% | 2026-Q1 |
| Operose Advisors LLC added | 28,379 | $2M | 0.1% | 2026-Q1 |
| Clear Harbor Asset Management, LLC | 27,825 | $1M | 0.1% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 28,022 | $1M | 0.1% | 2026-Q1 |
| Wealthfront Advisers LLC added | 26,570 | $1M | 0.1% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 26,348 | $1M | 0.1% | 2026-Q1 |
| Hanson & Doremus Investment Management | 25,461 | $1M | 0.1% | 2026-Q1 |
| Alesco Advisors, LLC, An ESL Co trimmed | 24,810 | $1M | 0.1% | 2026-Q1 |
| PFG Investments, LLC trimmed | 24,517 | $1M | 0.1% | 2026-Q1 |
| CAPITAL CITY TRUST CO/FL | 24,183 | $1M | 0.1% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 24,199 | $1M | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 22,484 | $1M | 0.1% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 22,369 | $1M | 0.1% | 2026-Q1 |
| BRADLEY FOSTER & SARGENT INC/CT trimmed | 21,492 | $1M | 0.1% | 2026-Q1 |
| Essex Financial Services, Inc. trimmed | 21,475 | $1M | 0.1% | 2026-Q1 |
| SENTINEL TRUST CO LBA | 21,265 | $1M | 0.1% | 2026-Q1 |
| WESCAP Management Group, Inc. trimmed | 21,222 | $1M | 0.1% | 2026-Q1 |
| Western Wealth Management, LLC added | 21,132 | $1M | 0.1% | 2026-Q1 |
| eCIO, Inc. added | 20,795 | $1M | 0.1% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 20,450 | $1M | 0.1% | 2026-Q1 |
| Avior Wealth Management, LLC trimmed | 20,283 | $1M | 0.1% | 2026-Q1 |
| Bridgewater Advisors Inc. trimmed | 17,599 | $1M | 0.1% | 2026-Q1 |
| Bragg Financial Advisors, Inc added | 20,159 | $1M | 0.1% | 2026-Q1 |
| Affinity Capital Advisors, LLC trimmed | 19,713 | $1M | 0.1% | 2026-Q1 |
| Bell Investment Advisors, Inc trimmed | 19,530 | $1M | 0.1% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 19,156 | $1M | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 18,750 | $994K | 0.1% | 2026-Q1 |
| HighPoint Advisor Group LLC | 18,513 | $982K | 0.1% | 2026-Q1 |
| Cresset Asset Management, LLC | 18,481 | $980K | 0.1% | 2026-Q1 |
| Johnson Financial Group, LLC | 18,311 | $971K | 0.1% | 2026-Q1 |
| RED REEF ADVISORS LLC added | 18,068 | $958K | 0.1% | 2026-Q1 |
| AlTi Global, Inc. trimmed | 17,992 | $954K | 0.1% | 2026-Q1 |
| Focus Financial Network, Inc. added | 16,999 | $901K | 0.1% | 2026-Q1 |
| Sensible Financial Planning & Management, LLC. added | 395,140 | $22M | 2.1% | 2025-Q3 stale |
| Rathbones Group PLC | 336,612 | $19M | 1.8% | 2025-Q4 stale |
| Forefront Analytics, LLC added | 203,859 | $9M | 0.9% | 2025-Q1 stale |
| AXXCESS WEALTH MANAGEMENT, LLC added | 50,913 | $3M | 0.3% | 2025-Q4 stale |
| NerdWallet Wealth Partners, LLC trimmed | 4,099 | $3M | 0.3% | 2025-Q4 stale |
| Northern Financial Advisors Inc added | 34,489 | $2M | 0.2% | 2025-Q3 stale |
| Tidal Investments LLC trimmed | 27,802 | $2M | 0.1% | 2025-Q4 stale |
| Arax Advisory Partners new | 26,762 | $1M | 0.1% | 2025-Q2 stale |
| FIRST NATIONAL CORP /MA/ /ADV trimmed | 22,782 | $1M | 0.1% | 2025-Q3 stale |
| Atria Wealth Solutions, Inc. added | 20,549 | $940K | 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.