Vault-13

SUBURBAN PROPANE PARTNERS L SPH

UNIT LTD PARTN · MLP · CUSIP 864482104

139 institutional holders -9 vs Q1 2025
26,435,17726.4m shares reported held*
$489.8mreported value*
9 new 49 added 21 reduced 20 sold out net bought ≈ $945.2k (+57.5k 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 ≈ $18.53. Options: 5 managers hold calls ($3.3m notional), 5 hold puts ($1.1m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 140Q4 22: 146Q1 23: 140Q2 23: 139Q3 23: 136Q4 23: 131Q1 24: 118Q2 24: 135Q3 24: 128Q4 24: 150Q1 25: 148Q2 25: 139139Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022140
Q4 2022146
Q1 2023140
Q2 2023139
Q3 2023136
Q4 2023131
Q1 2024118
Q2 2024135
Q3 2024128
Q4 2024150
Q1 2025148
Q2 2025139

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 23: 55 bought or addedQ3 23: 38 cut or sold outQ4 23: 42 bought or addedQ4 23: 59 cut or sold outQ4 23Q1 24: 47 bought or addedQ1 24: 44 cut or sold outQ2 24: 66 bought or addedQ2 24: 29 cut or sold outQ2 24Q3 24: 55 bought or addedQ3 24: 41 cut or sold outQ4 24: 56 bought or addedQ4 24: 38 cut or sold outQ4 24Q1 25: 54 bought or addedQ1 25: 49 cut or sold outQ2 25: 58 bought or addedQ2 25: 41 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20235538
Q4 20234259
Q1 20244744
Q2 20246629
Q3 20245541
Q4 20245638
Q1 20255449
Q2 20255841

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ3 24 calls: $1.6mQ3 24 puts: $1.3mQ3 24P/C 0.82Q4 24 calls: $1.7mQ4 24 puts: $737.0kQ4 24P/C 0.42Q1 25 calls: $3.7mQ1 25 puts: $844.0kQ1 25P/C 0.23Q2 25 calls: $3.3mQ2 25 puts: $1.1mQ2 25P/C 0.34
Numbers
QuarterCallsPutsP/C
Q3 2024$1.6m$1.3m0.82
Q4 2024$1.7m$737.0k0.42
Q1 2025$3.7m$844.0k0.23
Q2 2025$3.3m$1.1m0.34

Biggest buyers

JPMORGAN CHASE & CO Added +199,693+199.7k
MORGAN STANLEY Added +135,064+135.1k
JANE STREET GROUP, LLC New +122,910+122.9k
ING GROEP NV New +79,000+79.0k
HRT FINANCIAL LP New +54,239+54.2k
GOLDMAN SACHS GROUP INC Added +44,697+44.7k
BANK OF AMERICA CORP /DE/ Added +38,937+38.9k
FMR LLC Added +36,620+36.6k
OSAIC HOLDINGS, INC. Added +28,921+28.9k
State of Wyoming Added +23,810+23.8k

Biggest sellers

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Reduced -263,857-263.9k
ALPS ADVISORS INC Reduced -249,338-249.3k
GWN SECURITIES INC. Sold out -45,029-45.0k
Aster Capital Management (DIFC) Ltd Sold out -40,920-40.9k
FEDERATED HERMES, INC. Reduced -37,290-37.3k
WELLS FARGO & COMPANY/MN Reduced -26,543-26.5k
UBS Group AG Reduced -25,255-25.3k
AVANTAX ADVISORY SERVICES, INC. Sold out -23,568-23.6k
F&V Capital Management, LLC Sold out -22,093-22.1k
OPPENHEIMER & CO INC Sold out -10,961-11.0k

Biggest calls

CITADEL ADVISORS LLC Added $2.1m114.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $541.1k29.2k shares
GROUP ONE TRADING LLC Added $344.7k18.6k shares
SIMPLEX TRADING, LLC Reduced $279.0k15.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $509.6k27.5k shares
CITADEL ADVISORS LLC Added $450.3k24.3k shares
SIMPLEX TRADING, LLC Reduced $146.0k7.9k shares
GROUP ONE TRADING LLC Reduced $9.3k500 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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
ALPS ADVISORS INC 13G · institution +0.8 pts · filed 2026-10-07 23.0% +0.8 pts 15.4m≈ $262.5m 2026-10-07
Global X Management CO LLC 13G · institution filed 2025-05-15 6.5% 4.2m≈ $72.7m 2025-05-15

Insider purchases and sales in Q2 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
10010Q3 23: 0 buyingQ3 23: 1 sellingQ4 23: 0 buyingQ4 23: 4 sellingQ4 23Q1 24: 0 buyingQ1 24: 5 sellingQ2 24: 0 buyingQ2 24: 2 sellingQ2 24Q3 24: 0 buyingQ3 24: 1 sellingQ4 24: 0 buyingQ4 24: 8 sellingQ4 24Q1 25: 0 buyingQ1 25: 2 sellingQ2 25: 0 buyingQ2 25: 1 sellingQ2 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20230—1$64.0k—
Q4 20230—4$487.0k—
Q1 20240—5$1.8m$781.6k
Q2 20240—2$98.3k—
Q3 20240—1$43.4k—
Q4 20240—8$812.8k$197.4k
Q1 20250—2$71.8k—
Q2 20250—1$132.1k—
DateInsiderTradeSharesPrice ValueTheir holding
2025-05-21 LOGAN HAROLD R JR Director Sold 6,900 $19.14 $132.1k6.9k shares -15%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ALPS ADVISORS INC 1.48% of their portfolio Denver, CO 13,893,27813.9m $257.4m $257.4m 1.48% Reduced -249.3k -249,338
2 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.14% of their portfolio CAUSEWAY BAY, K3 3,985,4474.0m $73.9m $73.9m 0.14% Reduced -263.9k -263,857
3 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,415,2311.4m $26.2m $26.2m 0.00% Added +44.7k +44,697
4 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,266,3031.3m $23.5m $23.5m 0.00% Added +199.7k +199,693
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,069,1991.1m $19.8m $19.8m 0.00% Added +135.1k +135,064
6 BOWEN HANES & CO INC 0.38% of their portfolio PONTE VEDRA BEACH, FL 816,000816.0k $15.1m $15.1m 0.38% Unchanged
7 Blackstone Inc. 0.03% of their portfolio NEW YORK, NY 414,171414.2k $7.7m $7.7m 0.03% Added +2.1k +2,110
8 UBS Group AG 0.00% of their portfolio ZURICH, V8 362,914362.9k $6.7m $6.7m 0.00% Reduced -25.3k -25,255
9 Fractal Investments LLC 0.57% of their portfolio Glastonbury, CT 214,864214.9k $4.0m $4.0m 0.57% Unchanged
10 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 200,747200.7k $3.7m $3.7m 0.00% Reduced -5.7k -5,734
11 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 193,387193.4k $3.6m $3.6m 0.00% Reduced -4.0k -3,954
12 Lido Advisors, LLC 0.02% of their portfolio Los Angeles, CA 169,923169.9k $3.1m $3.1m 0.02% Added +86 +86
13 LEVIN CAPITAL STRATEGIES, L.P. 0.28% of their portfolio NEW YORK, NY 156,498156.5k $2.9m $2.9m 0.28% Reduced -110 -110
14 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 122,910122.9k $2.3m $2.3m 0.00% New
15 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 115,774115.8k $2.1m $2.1m 0.00% Added +1.3k +1,301
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 98,15898.2k $1.8m $1.8m 0.00% Added +38.9k +38,937
17 ING GROEP NV 0.01% of their portfolio AMSTERDAM, P7 79,00079.0k $1.5m $1.5m 0.01% New
18 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 71,75671.8k $1.3m $1.3m 0.00% Reduced -37.3k -37,290
19 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 68,60768.6k $1.3m $1.3m 0.00% Reduced -26.5k -26,543
20 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 64,32664.3k $1.2m $1.2m 0.01% Added +3.7k +3,669
21 MONETA GROUP INVESTMENT ADVISORS LLC 0.01% of their portfolio ST LOUIS, MO 63,50863.5k $1.2m $1.2m 0.01% Added +694 +694
22 FMR LLC 0.00% of their portfolio BOSTON, MA 63,33063.3k $1.2m $1.2m 0.00% Added +36.6k +36,620
23 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 61,74861.7k $1.1m $1.1m 0.00% Added +28.9k +28,921
24 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 58,84758.8k $1.1m $1.1m 0.00% Reduced -1.4k -1,418
25 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 58,66858.7k $1.1m $1.1m 0.00% Reduced -893 -893
26 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 55,40455.4k $1.0m $1.0m 0.00% Added +4.9k +4,932
27 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 54,23954.2k $1.0m $1.0m 0.01% New
28 Summit Financial, LLC 0.02% of their portfolio PARSIPPANY, NJ 54,04954.0k $1.0m $1.0m 0.02% Unchanged
29 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 51,85451.9k $960.9k $960.9k 0.00% Unchanged
30 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 46,54546.5k $862.5k $862.5k 0.00% Added +3.5k +3,479
31 Evercore Wealth Management, LLC 0.01% of their portfolio New York, NY 45,43845.4k $842.0k $842.0k 0.01% Unchanged
32 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 45,35445.4k $840.4k $840.4k 0.00% Added +708 +708
33 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 45,29245.3k $840.0k $840.0k 0.00% Added +23.0k +23,006
34 INFRASTRUCTURE CAPITAL ADVISORS, LLC 0.10% of their portfolio New York, NY 43,22443.2k $800.9k $800.9k 0.10% Added +6.5k +6,534
35 Smith Asset Management Co., LLC 0.68% of their portfolio Chiefland, FL 42,52042.5k $787.9k $787.9k 0.68% Reduced -4.8k -4,838
36 Mariner, LLC 0.00% of their portfolio Overland Park, KS 42,27242.3k $783.3k $783.3k 0.00% Added +1.9k +1,859
37 Wealthstar Advisors, LLC 0.26% of their portfolio Plano, TX 36,77136.8k $681.4k $681.4k 0.26% Added +2.6k +2,635
38 PARK CIRCLE Co 0.52% of their portfolio BALTIMORE, MD 33,00033.0k $611.5k $611.5k 0.52% Unchanged
39 LYNX CAPITAL GROUP LTD /ADV 0.28% of their portfolio BEACHWOOD, OH 31,84431.8k $590.1k $590.1k 0.28% Unchanged
40 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 31,42131.4k $582.2k $582.2k 0.00% Added +284 +284
41 State of Wyoming 0.06% of their portfolio CHEYENNE, WY 27,05327.1k $501.3k $501.3k 0.06% Added +23.8k +23,810
42 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 27,04327.0k $501.1k $501.1k 0.00% Added +7.2k +7,190
43 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 26,30026.3k $487.3k $487.3k 0.00% Added +1.6k +1,600
44 ICON ADVISERS INC/CO 0.10% of their portfolio GREENWOOD VILLAGE, CO 24,21424.2k $448.7k $448.7k 0.10% Reduced -10.0k -9,992
45 October Effect Ltd 0.50% of their portfolio VIRGINIA BEACH, VA 22,50022.5k $416.9k $416.9k 0.50% First filing
46 Ethos Financial Group, LLC 0.03% of their portfolio KING OF PRUSSIA, PA 21,83321.8k $404.6k $404.6k 0.03% Added +1.3k +1,344
47 GREENUP STREET WEALTH MANAGEMENT LLC 0.07% of their portfolio OVERLAND PARK, KS 21,70621.7k $402.2k $402.2k 0.07% Added +4.2k +4,200
48 Aristides Capital LLC 0.12% of their portfolio LOUISVILLE, KY 20,29420.3k $376.0k $376.0k 0.12% Reduced -7.8k -7,806
49 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 20,06320.1k $368.8k $368.8k 0.00% Added +1.5k +1,460
50 Virtu Financial LLC 0.02% of their portfolio New York, NY 19,31519.3k $358.0k $358.0k 0.02% New
51 MGO ONE SEVEN LLC 0.01% of their portfolio Beachwood, OH 18,65118.7k $345.6k $345.6k 0.01% Added +300 +300
52 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 16,41416.4k $304.2k $304.2k 0.00% Reduced -1.6k -1,593
53 Cherokee Insurance Co 0.13% of their portfolio STERLING HEIGHTS, MI 16,00016.0k $296.5k $296.5k 0.13% Unchanged
54 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 15,74915.7k $291.8k $291.8k 0.00% Added +2.6k +2,641
55 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 15,58915.6k $288.9k $288.9k 0.01% Added +23 +23
56 Aspire Private Capital, LLC 0.07% of their portfolio Cornelius, NC 15,10615.1k $279.9k $279.9k 0.07% Added +87 +87
57 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 14,83014.8k $274.8k $274.8k 0.00% Reduced -6.7k -6,740
58 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 14,58814.6k $270.3k $270.3k 0.00% Added +86 +86
59 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 14,50014.5k $268.7k $268.7k 0.00% Unchanged
60 Legacy Financial Strategies, LLC 0.05% of their portfolio OVERLAND PARK, KS 14,00014.0k $259.4k $259.4k 0.05% Unchanged
61 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 13,76913.8k $255.1k $255.1k 0.00% Added +3.3k +3,307
62 Wealth Advisors of Tampa Bay, LLC 0.09% of their portfolio TAMPA, FL 13,45513.5k $249.3k $249.3k 0.09% Unchanged
63 Tidal Investments LLC 0.00% of their portfolio Milwaukee, WI 13,37613.4k $247.9k $247.9k 0.00% Reduced -1.0k -1,045
64 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 13,03313.0k $241.5k $241.5k 0.00% Added +2.7k +2,683
65 WealthCare Investment Partners, LLC 0.08% of their portfolio PORTSMOUTH, RI 12,01112.0k $220.8k $220.8k 0.08% Added +195 +195
66 COMMERCE BANK 0.00% of their portfolio KANSAS CITY, MO 11,87111.9k $220.0k $220.0k 0.00% Unchanged
67 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 11,75411.8k $217.8k $217.8k 0.00% Added +38 +38
68 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 11,52311.5k $213.5k $213.5k 0.00% Added +79 +79
69 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 11,51411.5k $213.4k $213.4k 0.00% Added +3.6k +3,557
70 LRI Investments, LLC 0.02% of their portfolio PALM BEACH GARDENS, FL 11,27011.3k $208.8k $208.8k 0.02% Reduced -1.2k -1,215
71 Oxbow Advisors, LLC 0.02% of their portfolio Austin, TX 11,26311.3k $208.7k $208.7k 0.02% Unchanged
72 Archer Investment Corp 0.05% of their portfolio Carmel, IN 11,15011.2k $206.6k $206.6k 0.05% Unchanged
73 Koshinski Asset Management, Inc. 0.02% of their portfolio DECATUR, IL 11,00011.0k $203.8k $203.8k 0.02% Unchanged
74 Safeguard Investment Advisory Group, LLC 0.05% of their portfolio Corona, CA 10,89010.9k $201.8k $201.8k 0.05% Added +1.1k +1,094
75 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 10,46110.5k $193.8k $193.8k 0.00% Reduced -53 -53
76 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 8,7868.8k $163.5k $163.5k 0.00% Added +1.7k +1,690
77 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 8,2218.2k $152.3k $152.3k 0.00% New
78 SPIRIT OF AMERICA MANAGEMENT CORP/NY 0.03% of their portfolio SYOSSET, NY 8,0008.0k $148.2k $148.2k 0.03% Unchanged
79 Sound Income Strategies, LLC 0.01% of their portfolio FT LAUDERDALE, FL 7,0617.1k $130.8k $130.8k 0.01% Unchanged
80 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 7,0117.0k $129.9k $129.9k 0.00% Reduced -60 -60
81 Wood Tarver Financial Group, LLC 0.04% of their portfolio BOISE, ID 7,0007.0k $129.0k $129.0k 0.04% Unchanged
82 BOKF, NA 0.00% of their portfolio TULSA, OK 5,8835.9k $109.0k $109.0k 0.00% Unchanged
83 TRUST CO OF TOLEDO NA /OH/ 0.01% of their portfolio HOLLAND, OH 5,5565.6k $103.0k $103.0k 0.01% New
84 Farmers & Merchants Trust Co of Chambersburg PA 0.03% of their portfolio CHAMBERSBURG, PA 5,0005.0k $93.0k $93.0k 0.03% Unchanged
85 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 4,8364.8k $89.6k $89.6k 0.00% Added +30 +30
86 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 4,8234.8k $89.4k $89.4k 0.00% Unchanged
87 Princeton Global Asset Management LLC 0.02% of their portfolio PRINCETON, NJ 4,7164.7k $87.4k $87.4k 0.02% Added +7 +7
88 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 4,2284.2k $78.3k $78.3k 0.00% Added +1.1k +1,143
89 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 3,6983.7k $68.5k $68.5k 0.00% Unchanged
90 Gould Capital, LLC 0.05% of their portfolio TACOMA, WA 3,6853.7k $68.3k $68.3k 0.05% Added +60 +60
91 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 3,0003.0k $55.6k $55.6k 0.00% New
92 Independence Bank of Kentucky 0.01% of their portfolio OWENSBORO, KY 3,0003.0k $55.6k $55.6k 0.01% Unchanged
93 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 2,6502.6k $49.1k $49.1k 0.00% Reduced -5.2k -5,200
94 WHITTIER TRUST CO OF NEVADA INC 0.00% of their portfolio RENO, NV 2,3192.3k $42.9k $42.9k 0.00% Unchanged
95 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 2,3062.3k $42.7k $42.7k 0.00% Added +39 +39
96 VISION FINANCIAL MARKETS LLC 0.03% of their portfolio STAMFORD, CT 2,0002.0k $37.1k $37.1k 0.03% Unchanged
97 OLIVER LAGORE VANVALIN INVESTMENT GROUP 0.02% of their portfolio FLINT, MI 1,9512.0k $41.0k $41.0k 0.02% First filing
98 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,6771.7k $31.1k $31.1k 0.00% Unchanged
99 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,3631.4k $25.3k $25.3k 0.00% Unchanged
100 Aventura Private Wealth, LLC 0.01% of their portfolio AVENTURA, FL 1,3111.3k $24.3k $24.3k 0.01% Unchanged