Sound Point Meridian Capital, Inc. (SPMC) shareholders
SPMCNYSEFiscal year ends December 31Also trades as SPMA, SPME
$5.97−0.28 (-4.48%)
Close on Nov 13, 2026Market cap –P/E –Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
12M
Shares held, 13F filers
Institutional holders
15
6 new, 2 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
10 buys · 8 sales
Net bought $21.54K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Assured Guaranty Ltd. | 5,297,083 | 26.50% | 13G (passive) | Jul 3, 2024 |
| Karpus Management, Inc. | 435,044 | 9.46% | 13G (passive) amendment | Jul 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of SPMC | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Kim, LLC | 10,790,928 | – | $106.83M | – | 10.65% |
| Bank Of America Corp /De/ | 500,000 | – | $4.95M | – | 0.00% |
| Goldman Sachs Group Inc | 474,329 | – | $4.70M | −763 | 0.00% |
| Everest Management Corp. | 100,437 | – | $994.33K | +3,618 | 0.37% |
| Allied Private Wealth LLC | 94,982 | – | $984.01K | New | 0.63% |
| Virtus Investment Advisers, Inc. | 52,537 | – | $520.12K | −14,605 | 0.12% |
| Advisory Solutions Group, LLC | 31,935 | – | $316.16K | New | 0.11% |
| Oppenheimer & Co Inc | 21,700 | – | $214.83K | +8,000 | 0.00% |
| Cerity Partners LLC | 15,243 | – | $150.91K | −5,027 | 0.00% |
| Raymond James Financial Inc | 12,484 | – | $123.59K | New | 0.00% |
| Prosperity Financial Group, Inc. | 10,199 | – | $100.97K | New | 0.03% |
| UBS Group AG | 9,059 | – | $89.69K | +4,739 | 0.00% |
| Morgan Stanley | 5,127 | – | $50.76K | −2,887 | 0.00% |
| Strategic Wealth Partners, Ltd. | 3,500 | – | $34.65K | New | 0.00% |
| Osaic Holdings, Inc. | 111 | – | $1.10K | New | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 15 | 12M | 6 / 3 | 4 / 2 | 0M | 0M |
| Q1 2026 | 11 | 12M | 2 / 4 | 1 / 6 | 0M | 0M |
| Q4 2025 | 16 | 12M | 3 / 8 | 3 / 2 | 0M | 0M |
| Q3 2025 | 15 | 12M | 4 / 3 | 5 / 3 | 0M | 0M |
| Q2 2025 | 14 | 12M | 3 / 4 | 6 / 6 | 11M | 0M |
| Q1 2025 | 17 | 2M | 4 / 9 | 3 / 1 | 0M | 0M |
| Q4 2024 | 14 | 2M | 3 / 2 | 6 / 1 | 0M | 0M |
| Q3 2024 | 12 | 2M | 4 / 3 | 3 / 1 | 1M | 0M |
| Q2 2024 | 9 | 1M | 9 / 0 | 0 / 0 | 1M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
1 funds held SPMC in Q3 2026, 100% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of SPMC | Value | % of fund | As of |
|---|---|---|---|---|---|
| Virtus Private Credit Strategy ETF | 52,537 | – | $544.28K | 1.79% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Stephen Ketchum | Chairman, Director | 93,905 | Feb 18, 2026 |
| Ujjaval Desai | Chief Executive Officer, Director | 81,741 | Dec 16, 2025 |
| Daniel Steven Fabian | Chief Financial Officer | 0 | Jan 5, 2026 |
| Matthew E. Forstenhausler | Director | 12,496 | Aug 28, 2026 |
| Lana Lewin | Director | 492 | Nov 22, 2024 |
| Douglas Taylor Healy | Director | 500 | Nov 22, 2024 |
| Asset Strategies LLC AG | 10% owner | – | Feb 2, 2026 |
| Guaranty US Holdings Inc. Assured | 10% owner | 5,269,453 | Feb 2, 2026 |
| Guaranty Inc. Assured | 10% owner | 5,280,256 | Feb 2, 2026 |
| Guaranty Ltd Assured | 10% owner | 5,269,690 | Feb 2, 2026 |
| Guaranty Municipal Holdings Inc. Assured | 10% owner | 5,280,154 | Feb 2, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Matthew E. Forstenhausler Director | Aug 27, 2026 | Buy | +2,400 | $9.29 | $22.30K | 12,496 |
| Matthew E. Forstenhausler Director | Aug 26, 2026 | Buy | +1,600 | $9.21 | $14.74K | 10,096 |
| Matthew E. Forstenhausler Director | Aug 26, 2026 | Sale | −2,427.02 | $9.20 | $22.33K | 8,496 |
| Stephen Ketchum Chairman, Director | Feb 13, 2026 | Buy | +1,000 | $11.40 | $11.40K | 93,090 |
| Matthew E. Forstenhausler Director | Feb 13, 2026 | Buy | +2,000 | $11.50 | $23.00K | 9,644 |
| Guaranty US Holdings Inc. Assured 10% owner | Jan 29, 2026 | Sale | −237 | $14.32 | $3.39K | 5,269,453 |
| Guaranty Ltd Assured 10% owner | Jan 27, 2026 | Sale | −4,562 | $14.31 | $65.28K | 5,269,690 |
| Guaranty Ltd Assured 10% owner | Jan 23, 2026 | Sale | −305 | $14.29 | $4.36K | 5,274,252 |
| Guaranty US Holdings Inc. Assured 10% owner | Jan 14, 2026 | Sale | −1,650 | $14.48 | $23.89K | 5,274,557 |
| Guaranty US Holdings Inc. Assured 10% owner | Jan 13, 2026 | Sale | −165 | $14.50 | $2.39K | 5,276,207 |
| Guaranty US Holdings Inc. Assured 10% owner | Jan 12, 2026 | Sale | −3,782 | $14.72 | $55.67K | 5,276,372 |
| Matthew E. Forstenhausler Director | Dec 19, 2025 | Buy | +1,000 | $13.60 | $13.60K | 7,318 |
| Matthew E. Forstenhausler Director | Dec 18, 2025 | Buy | +4,118 | $13.60 | $56.00K | 6,318 |
| Matthew E. Forstenhausler Director | Dec 17, 2025 | Buy | +1,200 | $13.70 | $16.44K | 2,200 |
| Ujjaval Desai Chief Executive Officer, Director | Dec 16, 2025 | Buy | +1,000 | $13.37 | $13.37K | 81,741 |
| Ujjaval Desai Chief Executive Officer, Director | Dec 15, 2025 | Buy | +1,000 | $13.60 | $13.60K | 80,741 |
| Ujjaval Desai Chief Executive Officer, Director | Dec 12, 2025 | Buy | +1,162 | $13.84 | $16.08K | 79,741 |
| Guaranty Municipal Holdings Inc. Assured 10% owner | Nov 17, 2025 | Sale | −102 | $16.40 | $1.67K | 5,280,154 |
| Guaranty Inc. Assured 10% owner | Oct 28, 2025 | Sale | −266 | $16.69 | $4.44K | 5,280,256 |
| Guaranty Inc. Assured 10% owner | Oct 27, 2025 | Sale | −590 | $16.70 | $9.85K | 5,280,522 |
| Guaranty Inc. Assured 10% owner | Oct 24, 2025 | Sale | −1,882 | $16.64 | $31.32K | 5,281,112 |
| Ujjaval Desai Chief Executive Officer, Director | Oct 22, 2025 | Buy | +8,000 | $15.71 | $125.68K | 78,579 |
| Stephen Ketchum Chairman, Director | Oct 22, 2025 | Buy | +1,000 | $15.60 | $15.60K | 95,090 |
| Stephen Ketchum Chairman, Director | Oct 21, 2025 | Buy | +2,000 | $15.31 | $30.62K | 94,090 |
| Ujjaval Desai Chief Executive Officer, Director | Oct 20, 2025 | Buy | +12,000 | $15.36 | $184.32K | 70,579 |
| Stephen Ketchum Chairman, Director | Oct 20, 2025 | Buy | +5,000 | $15.61 | $78.05K | 92,090 |
| Guaranty Municipal Holdings Inc. Assured 10% owner | Oct 15, 2025 | Sale | −6,258 | $16.90 | $105.76K | 5,282,994 |
| Guaranty Ltd Assured 10% owner | Oct 14, 2025 | Sale | −1,227 | $17.38 | $21.33K | 5,289,252 |
| Guaranty Ltd Assured 10% owner | Oct 13, 2025 | Sale | −3,195 | $17.51 | $55.94K | 5,290,479 |
| Guaranty Ltd Assured 10% owner | Oct 9, 2025 | Sale | −3,409 | $17.78 | $60.61K | 5,293,674 |
| Stephen Ketchum Chairman, Director | Apr 11, 2025 | Buy | +2,000 | $18.49 | $36.98K | 29,326 |
| Stephen Ketchum Chairman, Director | Apr 10, 2025 | Buy | +2,000 | $18.15 | $36.30K | 27,326 |
| Stephen Ketchum Chairman, Director | Apr 9, 2025 | Buy | +2,000 | $18.48 | $36.96K | 25,326 |
| Matthew E. Forstenhausler Director | Nov 21, 2024 | Buy | +1,000 | $20.25 | $20.25K | 1,000 |
| Stephen Ketchum Chairman, Director | Nov 21, 2024 | Buy | +4,000 | $20.32 | $81.28K | 23,326 |
| Lana Lewin Director | Nov 20, 2024 | Buy | +492 | $20.45 | $10.06K | 492 |
| Douglas Taylor Healy Director | Nov 20, 2024 | Buy | +500 | $20.26 | $10.13K | 500 |
| Stephen Ketchum Chairman, Director | Nov 20, 2024 | Buy | +2,000 | $20.38 | $40.76K | 19,326 |
| Stephen Ketchum Chairman, Director | Nov 19, 2024 | Buy | +1,000 | $20.32 | $20.32K | 17,326 |
| Stephen Ketchum Chairman, Director | Nov 15, 2024 | Buy | +8,000 | $19.85 | $158.80K | 16,326 |
| Stephen Ketchum Chairman, Director | Nov 14, 2024 | Buy | +1,000 | $20.42 | $20.42K | 8,326 |
| Stephen Ketchum Chairman, Director | Aug 28, 2024 | Buy | +7,326 | $19.90 | $145.79K | 7,326 |
| Ivana Kovacic Fund chief compliance officer | Jul 26, 2024 | Buy | +0 | – | – | 0 |
| Stephen Ketchum Chairman, Director | Jun 17, 2024 | Buy | +50,001 | $20.00 | $1.00M | 50,001 |
| Kevin Gerlitz Chief Financial Officer | Jun 17, 2024 | Buy | +5,000 | $20.00 | $100.00K | 5,000 |
| Ujjaval Desai Chief Executive Officer, Director | Jun 17, 2024 | Buy | +50,001 | $20.00 | $1.00M | 50,001 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of shares outstanding
–
0M shares short
Days to cover
1.0
At 0M shares a day
Change since last report
-38.8%
From 0M shares
Short volume, 20 days
31.9%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Sound Point Meridian Capital's stock actually held short. Settlement fails (shares not delivered on time) peaked at 6,881 shares on Sep 14, 2026 over the last 90 days.
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