Focus Financial Network 13F: Cuts SPSM Stake by $2M

Focus Financial Network disclosed a reduction in its holdings of SPSM in a filing on October 14, 2026.

By EarningsIQ Research Desk · Published Oct 16, 2026, 3:51 PM EDT

Reviewed by automated data checks against the source filing. How we make and check alerts

Focus Financial Network sold 37,562 shares from its stake in State Street SPDR Portfolio S&P 600 Small Cap ETF ($SPSM), a 23.42% decrease, according to a 13F filing with the SEC dated October 14, 2026. It reported 122,816 shares worth $6.49 million at the end of the quarter.

Since the filing, $SPSM is up 0.3% to date (from the $52.65 close on Oct 14, 2026).

Find the original: Focus Financial Network 13F filings on SEC EDGAR

SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF

$52.83 +12.96% year to date

Daily close · Oct 16, 2026

Key Points

Focus Financial Network cut its position in SPSM by 37,562 shares, bringing its total to 122,816 shares valued at about $6.49 million.
This reduction represents a 23.4% decrease in their stake, reflecting a strategic adjustment in their investment strategy.
In its latest filings, Focus Financial has also increased its stakes in other funds, indicating a mixed approach to its portfolio.

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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated State Street SPDR Portfolio S&P 600 Small Cap ETF alert may contain errors. Disclosures

Focus Financial Network disclosed a reduction in its holdings of SPSM on October 14, 2026. The firm cut its position by 37,562 shares, bringing its total to 122,816 shares valued at about $6.49 million. This reduction represents a 23.4% decrease in their stake and reflects a strategic adjustment in their investment strategy.

13F track record

Focus Financial Network vs. the S&P 500

YTD return +4.54% hypothetical

All-time return +4.54% S&P 500 +5.52%

vs. S&P 500 -0.98% behind the index

Hypothetical returns from Focus Financial Network's disclosed trades, not real profit or advice. How we model this.

State Street SPDR Portfolio S&P 600 Small Cap ETF Stock Down 1.0%

SPSM shares were recently traded around $52.81 as of October 16, 2026. The absence of an event close price means we can't compare this to the filing date directly, but the recent price indicates solid trading activity.

Dividend

SPSM does not currently pay a dividend.

Insider Buying and Selling at State Street SPDR Portfolio S&P 600 Small Cap ETF

There are no reported insider transactions for SPSM.

About SPSM

SPSM is an exchange-traded fund that aims to track the performance of the S&P 500 Index. The recent reduction in Focus Financial Network's stake highlights changing strategies among institutional investors.

Bottom Line

Investors should watch for any future filings from Focus Financial Network, as they may reveal further changes in their investment strategy. This filing reflects the fund's holdings as of the reporting period and may not represent their current position.

More on this

Source: Focus Financial Network's 13F filing on $SPSM (Oct 14, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Focus Financial Network 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts