Vault-13

SERVICE PPTYS TR

COM SH BEN INT · CUSIP 81761L102

249 institutional holders +11 vs Q3 2022
132,664,035132.7m shares reported held*
$967.0mreported value*
34 new 81 added 92 reduced 24 sold out net bought ≈ $5.9m (+843.8k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $7.29. Options: 9 managers hold calls ($7.0m notional), 11 hold puts ($2.7m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 238Q4 22: 249249Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022238
Q4 2022249

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2.5m$5m$7.5m$10mQ3 22 calls: $8.7mQ3 22 puts: $1.3mQ3 22P/C 0.15Q4 22 calls: $7.0mQ4 22 puts: $2.7mQ4 22P/C 0.39
Numbers
QuarterCallsPutsP/C
Q3 2022$8.7m$1.3m0.15
Q4 2022$7.0m$2.7m0.39

Biggest buyers

Invesco Ltd. Added +1,744,643+1.7m
BlackRock Inc. Added +989,933+989.9k
Balyasny Asset Management L.P. Added +863,690+863.7k
CITADEL ADVISORS LLC Added +529,753+529.8k
MILLENNIUM MANAGEMENT LLC Added +403,372+403.4k
Bank of New York Mellon Corp Added +314,884+314.9k
STATE STREET CORP Added +296,437+296.4k
ALGERT GLOBAL LLC Added +237,200+237.2k
FORMULA GROWTH LTD New +200,000+200.0k
DEUTSCHE BANK AG\ Added +177,198+177.2k

Biggest sellers

Flat Footed LLC Reduced -1,004,995-1.0m
REDWOOD CAPITAL MANAGEMENT, LLC Sold out -932,122-932.1k
GREAT LAKES ADVISORS, LLC Reduced -615,946-615.9k
LITTLEJOHN & CO LLC Sold out -474,807-474.8k
PRUDENTIAL FINANCIAL INC Reduced -321,372-321.4k
AQR CAPITAL MANAGEMENT LLC Reduced -278,008-278.0k
D. E. Shaw & Co., Inc. Reduced -237,878-237.9k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -228,404-228.4k
MORGAN STANLEY Reduced -223,542-223.5k
CAPITAL MANAGEMENT CORP /VA Reduced -223,436-223.4k

Biggest calls

Flat Footed LLC Unchanged $3.1m419.0k shares
SIMPLEX TRADING, LLC Reduced $1.3m182.2k shares
GROUP ONE TRADING LLC Reduced $635.7k87.2k shares
JANE STREET GROUP, LLC Reduced $635.0k87.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $594.9k81.6k shares
CITADEL ADVISORS LLC Reduced $591.9k81.2k shares
WOLVERINE TRADING, LLC New $123.0k16.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Reduced $0400 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $959.4k131.6k shares
CITADEL ADVISORS LLC Added $777.1k106.6k shares
JANE STREET GROUP, LLC Reduced $250.8k34.4k shares
WOLVERINE TRADING, LLC New $206.0k28.2k shares
GROUP ONE TRADING LLC Added $192.5k26.4k shares
WOLVERINE ASSET MANAGEMENT LLC Added $154.5k21.2k shares
SIMPLEX TRADING, LLC Added $109.0k15.0k shares
Jefferies Financial Group Inc. New $72.9k10.0k shares
Cutler Group LLC / CA Added $5.0k3.5k shares
HAP Trading, LLC Added $4.0k12.3k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 13G · institution +4.2 pts · filed 2026-08-12 8.9% +4.2 pts 15.0m≈ $25.3m 2026-08-12
Helix Partners Management LP 13G · passive investor new · filed 2026-04-07 8.6% new 55.7m≈ $94.1m 2026-04-07
BlackRock, Inc. 13G · institution -1.2 pts · filed 2025-04-24 8.4% -1.2 pts 14.0m≈ $23.6m 2025-04-24
Flat Footed LLC 13G · institution -0.6 pts · filed 2026-08-14 7.9% -0.6 pts 51.0m≈ $86.2m 2026-08-14
RMR Group LLC 13D · may seek influence new · filed 2026-04-09
Stated purposeThe information set forth in Items 3, 5 and 6 of this Schedule 13D is incorporated herein by reference. In connection with the Offering, also on April 2, 2026, Christopher J. Bilotto, executive vice president of RMR Inc., executive vice president of RMR LLC and one of the Issuer's Managing Trustees and its President and Chief Executive Officer, and Brian E. Donley, senior vice president of RMR LLC and the Issuer's Chief Financial Officer and Treasurer, as well as certain of the Issuer's Trustees, purchased from the underwriters an aggregate of 248,333 Common Shares, including 100,000 Common Shares acquired by Mr. Bilotto, at the public offering price of $1.20 per share. In connection with the Offering, RMR LLC, Messrs. Bilotto, Donley and Portnoy, and certain of the Trustees of the Issue… Full filing
 6.8% new 43.7m≈ $73.9m 2026-04-09
Capital World Investors 13G · institution new · filed 2026-08-12 5.4% new 35.2m≈ $59.6m 2026-08-12
VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-07-31 5.1% new 33.0m≈ $55.8m 2026-07-31

Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 31,838,32831.8m $232.1m $232.1m 0.01% Added +989.9k +989,933
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 27,244,51127.2m $198.6m $198.6m 0.01% Added +65.5k +65,478
3 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 10,902,32610.9m $79.5m $79.5m 0.00% Added +296.4k +296,437
4 LSV ASSET MANAGEMENT 0.06% of their portfolio CHICAGO, IL 3,836,5373.8m $28.0m $28.0m 0.06% Reduced -68.9k -68,900
5 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 3,509,9613.5m $25.6m $25.6m 0.00% Added +94.6k +94,641
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,942,2022.9m $21.4m $21.4m 0.00% Reduced -223.5k -223,542
7 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 2,933,0632.9m $21.4m $21.4m 0.01% Reduced -15.0k -14,962
8 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 2,766,3462.8m $20.2m $20.2m 0.01% Added +87.9k +87,874
9 CAPITAL MANAGEMENT CORP /VA 4.71% of their portfolio GLEN ALLEN, VA 2,627,0842.6m $19.2m $19.2m 4.71% Reduced -223.4k -223,436
10 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 2,301,7182.3m $16.8m $16.8m 0.00% Added +1.7m +1,744,643
11 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 2,269,7652.3m $16.5m $16.5m 0.01% Added +27.0k +27,021
12 Flat Footed LLC 6.57% of their portfolio WILSON, WY 2,183,4092.2m $15.9m $15.9m 6.57% Reduced -1.0m -1,004,995
13 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 2,107,2152.1m $15.4m $15.4m 0.00% Added +314.9k +314,884
14 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 2,099,8192.1m $15.3m $15.3m 0.00% Added +79.1k +79,119
15 NORGES BANK 0.00% of their portfolio OSLO, Q8 1,844,1351.8m $13.4m $13.4m 0.00% Reduced -164.5k -164,500
16 SIGULER GUFF ADVISERS, LLC 5.99% of their portfolio NEW YORK, NY 1,708,7371.7m $12.5m $12.5m 5.99% Unchanged
17 Balyasny Asset Management L.P. 0.04% of their portfolio Chicago, IL 1,427,1571.4m $10.4m $10.4m 0.04% Added +863.7k +863,690
18 Legal & General Group Plc 0.00% of their portfolio London, X0 1,415,6151.4m $10.3m $10.3m 0.00% Added +69.9k +69,869
19 PRUDENTIAL FINANCIAL INC 0.02% of their portfolio NEWARK, NJ 1,240,8441.2m $9.0m $9.0m 0.02% Reduced -321.4k -321,372
20 RPG Investment Advisory, LLC 1.64% of their portfolio Pleasanton, CA 1,166,2931.2m $8.5m $8.5m 1.64% Reduced -21.0k -20,968
21 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 1,121,8281.1m $8.2m $8.2m 0.01% Reduced -228.4k -228,404
22 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 1,014,7551.0m $7.4m $7.4m 0.01% Added +529.8k +529,753
23 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 1,010,7571.0m $7.4m $7.4m 0.01% Reduced -5.9k -5,933
24 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 889,486889.5k $6.5m $6.5m 0.00% Added +8.0k +8,042
25 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 790,744790.7k $5.8m $5.8m 0.00% Added +50.2k +50,229
26 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 658,180658.2k $4.8m $4.8m 0.00% Reduced -26.8k -26,845
27 ALGERT GLOBAL LLC 0.26% of their portfolio SAN FRANCISCO, CA 655,817655.8k $4.8m $4.8m 0.26% Added +237.2k +237,200
28 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 643,962644.0k $4.7m $4.7m 0.01% Added +145.2k +145,234
29 CastleKnight Management LP 1.34% of their portfolio New York, NY 634,427634.4k $4.6m $4.6m 1.34% Reduced -52.1k -52,077
30 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 609,156609.2k $4.4m $4.4m 0.01% Reduced -134.4k -134,450
31 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 594,540594.5k $4.3m $4.3m 0.01% Added +38.9k +38,902
32 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 580,404580.4k $4.2m $4.2m 0.00% First filing
33 Community Bank of Raymore 1.39% of their portfolio RAYMORE, MO 522,043522.0k $3.8m $3.8m 1.39% Reduced -20.2k -20,242
34 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 489,673489.7k $3.6m $3.6m 0.00% Reduced -99.6k -99,573
35 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 459,405459.4k $3.3m $3.3m 0.00% Reduced -170.7k -170,703
36 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 442,385442.4k $3.2m $3.2m 0.00% Added +403.4k +403,372
37 Swiss National Bank 0.00% of their portfolio ZURICH, V8 398,788398.8k $2.9m $2.9m 0.00% Added +8.4k +8,400
38 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 336,500336.5k $2.5m $2.5m 0.01% Reduced -133.2k -133,200
39 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 325,886325.9k $2.4m $2.4m 0.01% Added +3.5k +3,486
40 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 321,347321.3k $2.3m $2.3m 0.00% Added +32.0k +32,012
41 Baugh & Associates, LLC 1.47% of their portfolio ATLANTA, GA 311,709311.7k $2.3m $2.3m 1.47% Reduced -3.1k -3,083
42 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 306,921306.9k $2.2m $2.2m 0.00% Reduced -5.6k -5,570
43 Public Sector Pension Investment Board 0.02% of their portfolio MONTREAL, A8 301,006301.0k $2.2m $2.2m 0.02% Reduced -1.7k -1,695
44 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 294,373294.4k $2.1m $2.1m 0.00% Added +177.2k +177,198
45 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 285,782285.8k $2.1m $2.1m 0.01% Added +774 +774
46 Armor Investment Advisors, LLC 1.24% of their portfolio RALEIGH, NC 279,217279.2k $2.0m $2.0m 1.24% Added +27.8k +27,765
47 Edgestream Partners, L.P. 0.21% of their portfolio Princeton, NJ 258,948258.9k $1.9m $1.9m 0.21% Reduced -105.2k -105,222
48 Asset Management One Co., Ltd. 0.01% of their portfolio TOKYO, M0 257,961258.0k $1.9m $1.9m 0.01% Reduced -165.7k -165,713
49 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 250,024250.0k $1.8m $1.8m 0.00% Added +176.3k +176,306
50 UBS Group AG 0.00% of their portfolio ZURICH, V8 233,473233.5k $1.7m $1.7m 0.00% Added +98.7k +98,746
51 Moran Wealth Management, LLC 0.06% of their portfolio NAPLES, FL 229,384229.4k $1.7m $1.7m 0.06% First filing
52 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 222,350222.3k $1.6m $1.6m 0.00% Reduced -278.0k -278,008
53 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 215,149215.1k $1.6m $1.6m 0.00% Added +2.6k +2,647
54 NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio ST. LOUIS, MO 215,145215.1k $1.6m $1.6m 0.01% Added +66.2k +66,200
55 FORMULA GROWTH LTD 0.43% of their portfolio MONTREAL, A8 200,000200.0k $1.5m $1.5m 0.43% New
56 State of Alaska, Department of Revenue 0.02% of their portfolio JUNEAU, AK 197,836197.8k $1.4m $1.4m 0.02% Added +1.6k +1,606
57 Graham Capital Management, L.P. 0.05% of their portfolio ROWAYTON, CT 195,576195.6k $1.4m $1.4m 0.05% Added +46.5k +46,545
58 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 193,563193.6k $1.4m $1.4m 0.00% Added +7.1k +7,142
59 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 192,950192.9k $1.4m $1.4m 0.01% Reduced -65.9k -65,943
60 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 188,411188.4k $1.4m $1.4m 0.00% Reduced -55.0k -54,995
61 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 184,239184.2k $1.3m $1.3m 0.00% Reduced -19.8k -19,765
62 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 177,072177.1k $1.3m $1.3m 0.01% Added +26.6k +26,611
63 NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio TOKYO, M0 170,600170.6k $1.2m $1.2m 0.01% Added +9.1k +9,100
64 Employees Retirement System of Texas 0.02% of their portfolio AUSTIN, TX 170,000170.0k $1.2m $1.2m 0.02% New
65 STRS OHIO 0.01% of their portfolio COLUMBUS, OH 162,403162.4k $1.2m $1.2m 0.01% Reduced -6.9k -6,854
66 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 141,633141.6k $1.0m $1.0m 0.00% Reduced -237.9k -237,878
67 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 139,349139.3k $1.0m $1.0m 0.00% Reduced -1.1k -1,058
68 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 129,541129.5k $943.1k $943.1k 0.00% Added +22.3k +22,301
69 Potomac Capital Management, Inc. 1.15% of their portfolio NEW YORK, NY 126,100126.1k $919.0k $919.0k 1.15% New
70 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 124,573124.6k $908.1k $908.1k 0.00% Added +88.5k +88,537
71 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 121,356121.4k $884.7k $884.7k 0.00% Reduced -3.4k -3,435
72 Capula Management Ltd 0.09% of their portfolio Grand Cayman, E9 120,480120.5k $878.3k $878.3k 0.09% New
73 YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BLOOMFIELD HILLS, MI 119,659119.7k $872.3k $872.3k 0.01% Reduced -28.1k -28,050
74 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 118,684118.7k $865.2k $865.2k 0.00% Added +72.5k +72,531
75 State of Tennessee, Department of Treasury 0.00% of their portfolio NASHVILLE, TN 118,098118.1k $861.0k $861.0k 0.00% Added +482 +482
76 Amundi 0.00% of their portfolio Paris, I0 112,539112.5k $900.3k $900.3k 0.00% Reduced -1.5k -1,485
77 Boston Partners 0.00% of their portfolio BOSTON, MA 111,651111.7k $813.9k $813.9k 0.00% New
78 TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio AUSTIN, TX 110,839110.8k $808.0k $808.0k 0.01% Reduced -7.6k -7,580
79 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 108,971109.0k $794.4k $794.4k 0.00% Reduced -89.2k -89,205
80 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio JUPITER, FL 105,842105.8k $771.6k $771.6k 0.00% New
81 COMERICA BANK 0.01% of their portfolio DALLAS, TX 101,874101.9k $845.0k $845.0k 0.01% Reduced -27.8k -27,780
82 CM Management, LLC 0.87% of their portfolio GULF BREEZE, FL 100,000100.0k $729.0k $729.0k 0.87% Unchanged
83 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 97,40097.4k $710.0k $710.0k 0.00% Reduced -11.4k -11,400
84 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 91,95092.0k $670.3k $670.3k 0.00% Reduced -7.7k -7,697
85 PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio BOSTON, MA 90,81190.8k $662.0k $662.0k 0.00% Reduced -30.4k -30,370
86 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 90,50090.5k $659.7k $659.7k 0.01% Reduced -21.8k -21,764
87 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 89,36689.4k $651.5k $651.5k 0.00% Reduced -680 -680
88 Ensign Peak Advisors, Inc 0.00% of their portfolio SALT LAKE CITY, UT 88,73888.7k $646.9k $646.9k 0.00% Added +9.2k +9,200
89 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 82,13582.1k $598.8k $598.8k 0.00% Reduced -5.1k -5,127
90 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 80,96581.0k $578.9k $578.9k 0.00% Added +527 +527
91 Grandview Asset Management LLC 0.37% of their portfolio HARRISBURG, PA 80,62280.6k $588.0k $588.0k 0.37% Added +30.5k +30,503
92 Louisiana State Employees Retirement System 0.02% of their portfolio BATON ROUGE, LA 78,60078.6k $573.0k $573.0k 0.02% Reduced -300 -300
93 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 74,89574.9k $546.0k $546.0k 0.00% Added +292 +292
94 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 72,65972.7k $529.7k $529.7k 0.00% Added +830 +830
95 Penserra Capital Management LLC 0.01% of their portfolio ORINDA, CA 72,42272.4k $526.0k $526.0k 0.01% Added +51.2k +51,241
96 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 71,96872.0k $525.0k $525.0k 0.00% Added +2.2k +2,207
97 PICTET ASSET MANAGEMENT SA 0.00% of their portfolio GENEVA 73, V8 69,58869.6k $508.0k $508.0k 0.00% Added +6.7k +6,739
98 Maryland State Retirement & Pension System 0.01% of their portfolio BALTIMORE, MD 68,27368.3k $497.7k $497.7k 0.01% New
99 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 67,76667.8k $494.0k $494.0k 0.00% Added +28.6k +28,594
100 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 65,52865.5k $477.7k $477.7k 0.00% Reduced -2.1k -2,054