SPNS
name pending profile ingest
Momentum inputs (comparable managers):
holder breadth -30.0% ·
share flow -30.0% ·
net new positions -20.0%
— formula
Broad distribution — falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q4 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q4 2025 | 6 | -19 | 34.36K | $1.51M | — | −19 |
| Q3 2025 | 19 | +1 | 9.75M | $419.35M | +3 | −3 |
| Q2 2025 | 16 | -2 | 7.55M | $221.10M | +1 | −3 |
| Q1 2025 | 15 | +2 | 4.65M | $125.93M | +2 | — |
| Q4 2024 | 13 | 0 | 4.04M | $108.64M | +1 | −1 |
| Q3 2024 | 12 | 0 | 3.48M | $129.55M | — | — |
| Q2 2024 | 12 | — | 3.75M | $127.27M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Nuveen, LLC | 26.32K | — | $1.16M | 0.0% | n/c | 1 | SEC ↗ |
| 2 | Mercer Global Advisors Inc /Adv | 6.28K | — | $272,996 | 0.0% | n/c | 1 | SEC ↗ |
| 3 | Russell Investments Group, Ltd. | 1.22K | — | $53,052 | 0.0% | n/c | 1 | SEC ↗ |
| 4 | TD Waterhouse Canada Inc. | 381 | — | $16,554 | 0.0% | n/c | 1 | SEC ↗ |
| 5 | Rockefeller Capital Management L.P. | 58 | — | $2,520 | 0.0% | n/c | 1 | SEC ↗ |
| 6 | Simplex Trading, Llc | 100 | — | $0 | 0.0% | n/c | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| No new tracked buyers this quarter. |
Exited
| BlackRock | $91.41M | was 0.0% |
| Goldman Sachs Group | $72.62M | was 0.0% |
| The Vanguard Group | $59.66M | was 0.0% |
| JPMorgan Chase | $47.57M | was 0.0% |
| Soros Fund Management | $25.94M | was 0.6% |
| Renaissance Technologies | $24.04M | was 0.0% |
| State Street Global Advisors | $22.31M | was 0.0% |
| Morgan Stanley | $19.49M | was 0.0% |
| Geode Capital Management | $17.87M | was 0.0% |
| Wellington Management | $13.74M | was 0.0% |
| Millennium Management | $8.30M | was 0.0% |
| Marshall Wace | $4.82M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 4 holders, 297.53K shares, $12.93M reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.