Uptick Partners Adds to Its S&P 500 Bet, Buying $3.2 Million Worth of STRV
Uptick Partners disclosed via an SEC filing that it bought 72,967 shares of the Strive 500 ETF (STRV) in Q1 2026, an estimated $3.2 million purchase that brought its STRV holding to 485,633 shares (~$20.4M) or 4.1% of reportable AUM. STRV, a passive S&P 500 tracker, has returned about 30% over the past year (1-year return 30.2% as of 5/1/26) and traded at $46.49 on May 1, 2026 — roughly 1 percentage point ahead of the S&P 500 over 12 months. The filing signals continued institutional conviction in plain-vanilla U.S. large-cap exposure and may support further inflows into S&P 500 ETFs; the piece also highlights STRV’s low 0.05% expense ratio versus VOO’s 0.03%, and notes its dividend yield of 1.19%. Overall, the transaction is presented as a bullish institutional vote of confidence in broad U.S. equities.