Vault-13

SPDR S&P 500 ETF TR SPY

TR UNIT · ETP · CUSIP 78462F103 · ISIN US78462F1030

3,312 institutional holders +45 vs Q1 2023
567,478,963567.5m shares reported held*
$250.6bnreported value*
140 new 1,263 added 1,426 reduced 107 sold out net bought ≈ $16.3bn (+9.9m 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 ($732.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $441.43. Options: 149 managers hold calls ($245.3bn notional), 376 hold puts ($495.7bn).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

02k4kQ3 22: 3,063Q4 22: 3,311Q1 23: 3,267Q2 23: 3,3123,312Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 20223,063
Q4 20223,311
Q1 20233,267
Q2 20233,312

Buyers vs sellers

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

Bought or addedCut or sold out
2k02kQ4 22: 1,513 bought or addedQ4 22: 1,305 cut or sold outQ4 22Q1 23: 1,296 bought or addedQ1 23: 1,668 cut or sold outQ1 23Q2 23: 1,403 bought or addedQ2 23: 1,533 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221,5131,305
Q1 20231,2961,668
Q2 20231,4031,533

Calls vs puts

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

CallsPuts
$0$200bn$400bn$600bnQ3 22 calls: $196.0bnQ3 22 puts: $326.2bnQ3 22P/C 1.66Q4 22 calls: $189.7bnQ4 22 puts: $314.0bnQ4 22P/C 1.66Q1 23 calls: $222.8bnQ1 23 puts: $439.4bnQ1 23P/C 1.97Q2 23 calls: $245.3bnQ2 23 puts: $495.7bnQ2 23P/C 2.02
Numbers
QuarterCallsPutsP/C
Q3 2022$196.0bn$326.2bn1.66
Q4 2022$189.7bn$314.0bn1.66
Q1 2023$222.8bn$439.4bn1.97
Q2 2023$245.3bn$495.7bn2.02

Biggest buyers

CTC LLC Added +9,721,807+9.7m
WELLS FARGO & COMPANY/MN Added +7,834,376+7.8m
JPMORGAN CHASE & CO Added +7,481,097+7.5m
WOLVERINE TRADING, LLC Added +5,816,322+5.8m
HRT FINANCIAL LP Added +4,949,793+4.9m
TORONTO DOMINION BANK Added +4,256,595+4.3m
Optiver Holding B.V. New +2,946,278+2.9m
MILLENNIUM MANAGEMENT LLC Added +2,484,144+2.5m
IMC-Chicago, LLC New +2,322,183+2.3m
MIZUHO SECURITIES USA LLC Added +2,164,659+2.2m

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -27,573,669-27.6m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -4,128,540-4.1m
FMR LLC Reduced -4,048,617-4.0m
BARCLAYS PLC Reduced -3,464,949-3.5m
J.P. Morgan Private Wealth Advisors LLC Reduced -2,366,796-2.4m
GOLDMAN SACHS GROUP INC Reduced -2,161,674-2.2m
ROYAL BANK OF CANADA Reduced -1,942,468-1.9m
CITIGROUP INC Reduced -1,694,102-1.7m
UBS Group AG Reduced -1,491,776-1.5m
Walleye Trading LLC Sold out -1,343,883-1.3m

Biggest calls

CTC LLC Added $39.3bn887.4k shares
CITADEL ADVISORS LLC Reduced $23.5bn53.1m shares
Optiver Holding B.V. Reduced $23.4bn52.9m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $22.7bn51.3m shares
Cresset Asset Management, LLC New $16.9bn38.2m shares
JANE STREET GROUP, LLC Reduced $15.8bn35.6m shares
Belvedere Trading LLC Added $15.6bn35.1m shares
IMC-Chicago, LLC Added $13.1bn29.5m shares
WOLVERINE TRADING, LLC Added $10.1bn23.0m shares
Twin Tree Management, LP Added $10.0bn22.6m shares

Biggest puts

CITADEL ADVISORS LLC Added $52.6bn118.6m shares
Optiver Holding B.V. Reduced $45.2bn102.1m shares
CTC LLC Reduced $37.2bn840.0k shares
Cresset Asset Management, LLC New $35.2bn79.5m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $33.5bn75.6m shares
1832 Asset Management L.P. Added $32.7bn73.8m shares
IMC-Chicago, LLC Added $24.5bn55.4m shares
JANE STREET GROUP, LLC Reduced $21.2bn47.7m shares
Belvedere Trading LLC Added $20.4bn45.9m shares
BANK OF AMERICA CORP /DE/ Added $18.4bn41.6m 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.

Insider purchases and sales in Q2 2023

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.

None reported in Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 3.03% of their portfolio NEW YORK, NY 59,669,81859.7m $26.5bn $26.5bn 3.03% Added +7.5m +7,481,097
2 GOLDMAN SACHS GROUP INC 4.29% of their portfolio NEW YORK, NY 37,920,06137.9m $16.8bn $16.8bn 4.29% Reduced -2.2m -2,161,674
3 BANK OF AMERICA CORP /DE/ 1.65% of their portfolio CHARLOTTE, NC 31,397,73331.4m $13.9bn $13.9bn 1.65% Reduced -899.2k -899,191
4 MORGAN STANLEY 1.32% of their portfolio NEW YORK, NY 30,253,26130.3m $13.4bn $13.4bn 1.32% Reduced -35.6k -35,618
5 WELLS FARGO & COMPANY/MN 2.49% of their portfolio SAN FRANCISCO, CA 19,288,29519.3m $8.6bn $8.6bn 2.49% Added +7.8m +7,834,376
6 CTC LLC 85.53% of their portfolio CHICAGO, IL 14,556,98814.6m $6.5bn $6.5bn 85.53% Added +9.7m +9,721,807
7 SUSQUEHANNA INTERNATIONAL GROUP, LLP 10.14% of their portfolio BALA CYNWYD, PA 14,216,14814.2m $6.3bn $6.3bn 10.14% Reduced -4.1m -4,128,540
8 NORTHERN TRUST CORP 1.14% of their portfolio CHICAGO, IL 13,437,09713.4m $6.0bn $6.0bn 1.14% Reduced -28.2k -28,162
9 JANE STREET GROUP, LLC 6.39% of their portfolio NEW YORK, NY 10,608,34310.6m $4.7bn $4.7bn 6.39% Added +1.1m +1,098,696
10 TD Asset Management Inc 4.85% of their portfolio Toronto, A6 9,606,1029.6m $4.3bn $4.3bn 4.85% Reduced -250.6k -250,553
11 BANK OF MONTREAL /CAN/ 1.33% of their portfolio TORONTO, A6 8,151,8928.2m $3.6bn $3.6bn 1.33% Reduced -1.0m -1,038,880
12 UBS Group AG 1.57% of their portfolio ZURICH, V8 8,133,0708.1m $3.6bn $3.6bn 1.57% Reduced -1.5m -1,491,776
13 TORONTO DOMINION BANK 2.39% of their portfolio TORONTO, ONTARIO, A6 7,247,4127.2m $3.2bn $3.2bn 2.39% Added +4.3m +4,256,595
14 WOLVERINE TRADING, LLC 40.33% of their portfolio CHICAGO, IL 6,862,5236.9m $3.0bn $3.0bn 40.33% Added +5.8m +5,816,322
15 HRT FINANCIAL LP 28.54% of their portfolio NEW YORK, NY 6,731,5746.7m $3.0bn $3.0bn 28.54% Added +4.9m +4,949,793
16 LPL Financial LLC 2.13% of their portfolio FORT MILL, SC 6,729,3666.7m $3.0bn $3.0bn 2.13% Added +478.9k +478,858
17 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 3.31% of their portfolio MILWAUKEE, WI 5,780,4565.8m $2.6bn $2.6bn 3.31% Added +203.0k +203,046
18 ROYAL BANK OF CANADA 0.66% of their portfolio TORONTO, A6 5,333,9165.3m $2.4bn $2.4bn 0.66% Reduced -1.9m -1,942,468
19 US BANCORP \DE\ 3.46% of their portfolio MINNEAPOLIS, MN 4,802,9394.8m $2.1bn $2.1bn 3.46% Reduced -90.0k -90,035
20 MIZUHO SECURITIES USA LLC 70.53% of their portfolio NEW YORK, NY 4,799,3084.8m $2.1bn $2.1bn 70.53% Added +2.2m +2,164,659
21 PNC Financial Services Group, Inc. 1.67% of their portfolio Pittsburgh, PA 4,412,1904.4m $2.0bn $2.0bn 1.67% Reduced -10.9k -10,881
22 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 8.53% of their portfolio TORONTO, A6 4,294,6254.3m $1.9bn $1.9bn 8.53% Added +1.9m +1,858,811
23 FMR LLC 0.15% of their portfolio BOSTON, MA 4,022,5254.0m $1.8bn $1.8bn 0.15% Reduced -4.0m -4,048,617
24 CITIGROUP INC 2.17% of their portfolio NEW YORK, NY 3,800,7733.8m $1.7bn $1.7bn 2.17% Reduced -1.7m -1,694,102
25 BARCLAYS PLC 1.02% of their portfolio LONDON, X0 3,547,6443.5m $1.6bn $1.6bn 1.02% Reduced -3.5m -3,464,949
26 STATE OF MICHIGAN RETIREMENT SYSTEM 9.54% of their portfolio EAST LANSING, MI 3,487,3403.5m $1.5bn $1.5bn 9.54% Reduced -143.8k -143,750
27 MACKENZIE FINANCIAL CORP 2.33% of their portfolio TORONTO ONTARIO, A6 3,429,8093.4m $1.5bn $1.5bn 2.33% Reduced -346.9k -346,936
28 Bank of New York Mellon Corp 0.32% of their portfolio NEW YORK, NY 3,426,5193.4m $1.5bn $1.5bn 0.32% Added +77.1k +77,056
29 TRUIST FINANCIAL CORP 2.52% of their portfolio CHARLOTTE, NC 3,415,9903.4m $1.5bn $1.5bn 2.52% Reduced -35.1k -35,079
30 MILLENNIUM MANAGEMENT LLC 0.85% of their portfolio NEW YORK, NY 3,234,5573.2m $802.9m $802.9m 0.85% Added +2.5m +2,484,144
31 ENVESTNET ASSET MANAGEMENT INC 0.63% of their portfolio Berwyn, PA 3,230,1163.2m $1.4bn $1.4bn 0.63% Reduced -27.6m -27,573,669
32 Creative Planning 1.85% of their portfolio OVERLAND PARK, KS 3,130,4763.1m $1.4bn $1.4bn 1.85% Reduced -279.2k -279,201
33 Optiver Holding B.V. 37.80% of their portfolio AMSTERDAM, P7 2,946,2782.9m $1.3bn $1.3bn 37.80% New
34 NATIXIS 10.95% of their portfolio PARIS, I0 2,903,2532.9m $1.3bn $1.3bn 10.95% Reduced -755.8k -755,800
35 Norinchukin Bank, The 20.27% of their portfolio TOKYO, M0 2,725,4922.7m $1.2bn $1.2bn 20.27% Unchanged
36 AMERIPRISE FINANCIAL INC 0.37% of their portfolio MINNEAPOLIS, MN 2,695,6192.7m $1.2bn $1.2bn 0.37% Added +155.9k +155,949
37 National Mutual Insurance Federation of Agricultural Cooperatives 13.67% of their portfolio TOKYO, JAPAN, M0 2,617,8322.6m $1.2bn $1.2bn 13.67% Unchanged
38 J.P. Morgan Private Wealth Advisors LLC 5.60% of their portfolio SAN FRANCISCO, CA 2,432,8132.4m $1.1bn $1.1bn 5.60% Reduced -2.4m -2,366,796
39 RAYMOND JAMES & ASSOCIATES 0.88% of their portfolio ST PETERSBURG, FL 2,410,6092.4m $1.1bn $1.1bn 0.88% Reduced -14.4k -14,389
40 IMC-Chicago, LLC 34.22% of their portfolio CHICAGO, IL 2,322,1832.3m $1.0bn $1.0bn 34.22% New
41 CANADA PENSION PLAN INVESTMENT BOARD 1.49% of their portfolio TORONTO ONTARIO, A6 2,219,5002.2m $983.9m $983.9m 1.49% Unchanged
42 MIZUHO MARKETS AMERICAS LLC 70.15% of their portfolio NEW YORK, NY 2,153,3802.2m $954.6m $954.6m 70.15% New
43 Cresset Asset Management, LLC 6.77% of their portfolio Chicago, IL 2,145,3132.1m $954.3m $954.3m 6.77% Added +1.4m +1,440,206
44 Members Trust Co 13.19% of their portfolio TAMPA, FL 2,128,5002.1m $876.4m $876.4m 13.19% Added +1.0m +1,047,075
45 HighTower Advisors, LLC 1.81% of their portfolio CHICAGO, IL 2,068,5352.1m $916.8m $916.8m 1.81% Added +50.1k +50,143
46 Cerity Partners LLC 3.14% of their portfolio NEW YORK, NY 2,053,1812.1m $807.6m $807.6m 3.14% Added +484.9k +484,921
47 STATE STREET CORP 0.05% of their portfolio BOSTON, MA 2,046,3932.0m $910.0m $910.0m 0.05% Reduced -1.0m -1,018,721
48 Rockefeller Capital Management L.P. 3.36% of their portfolio NEW YORK, NY 1,961,0612.0m $866.8m $866.8m 3.36% First filing
49 Lido Advisors, LLC 9.66% of their portfolio Los Angeles, CA 1,923,9721.9m $852.9m $852.9m 9.66% Added +158.8k +158,827
50 SUN LIFE FINANCIAL INC 49.91% of their portfolio Toronto, A6 1,840,8231.8m $816.0m $816.0m 49.91% Reduced -13.6k -13,550
51 COMMONWEALTH EQUITY SERVICES, LLC 1.57% of their portfolio WALTHAM, MA 1,737,2131.7m $770.1m $770.1m 1.57% Reduced -60.8k -60,794
52 Veritable, L.P. 12.31% of their portfolio Newtown Square, PA 1,711,9841.7m $758.9m $758.9m 12.31% Reduced -16.0k -16,018
53 PRUDENTIAL FINANCIAL INC 1.08% of their portfolio NEWARK, NJ 1,678,5961.7m $744.1m $744.1m 1.08% Reduced -34.8k -34,750
54 Bank Julius Baer & Co. Ltd, Zurich 4.42% of their portfolio ZURICH, V8 1,676,7711.7m $743.3m $743.3m 4.42% Added +72.2k +72,198
55 Hirtle & Co., LLC 32.88% of their portfolio WEST CONSHOHOCKEN, PA 1,554,6951.6m $689.2m $689.2m 32.88% Reduced -16.6k -16,650
56 Raymond James Financial Services Advisors, Inc. 1.21% of their portfolio ST. PETERSBURG, FL 1,542,0941.5m $683.6m $683.6m 1.21% Reduced -109.2k -109,190
57 STIFEL FINANCIAL CORP 0.93% of their portfolio ST. LOUIS, MO 1,531,2551.5m $678.8m $678.8m 0.93% Added +7.4k +7,432
58 BANK OF NOVA SCOTIA 1.76% of their portfolio TORONTO, A6 1,516,5351.5m $672.3m $672.3m 1.76% Added +1.4m +1,409,518
59 CITADEL ADVISORS LLC 0.74% of their portfolio MIAMI, FL 1,498,6101.5m $664.3m $664.3m 0.74% Added +1.2m +1,194,232
60 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.37% of their portfolio Toronto, A6 1,490,6391.5m $660.8m $660.8m 0.37% Reduced -31.3k -31,320
61 NISSAY ASSET MANAGEMENT CORP /JAPAN 5.67% of their portfolio Tokyo, M0 1,483,4831.5m $657.6m $657.6m 5.67% Unchanged
62 BlackRock Inc. 0.02% of their portfolio New York, NY 1,442,6611.4m $639.5m $639.5m 0.02% Reduced -85.1k -85,113
63 BNP PARIBAS FINANCIAL MARKETS 1.24% of their portfolio PARIS, I0 1,420,7371.4m $629.8m $629.8m 1.24% Reduced -969.1k -969,094
64 OSAIC HOLDINGS, INC. 0.91% of their portfolio SCOTTSDALE, AZ 1,386,2851.4m $504.0m $504.0m 0.91% Added +40.2k +40,204
65 Houlihan Financial Resource Group, Ltd. 18.05% of their portfolio ASHBURN, VA 1,382,4941.4m $580.7m $580.7m 18.05% Added +1.3m +1,339,268
66 MEITAV INVESTMENT HOUSE LTD 4.89% of their portfolio BENE-BERAQ, L3 1,382,0641.4m $607.6m $607.6m 4.89% Added +599.9k +599,948
67 NEW YORK LIFE INSURANCE CO 63.75% of their portfolio NEW YORK, NY 1,338,4061.3m $593.3m $593.3m 63.75% Reduced -251.9k -251,912
68 CLEAR STREET LLC 13.73% of their portfolio NEW YORK, NY 1,300,0001.3m $576.3m $576.3m 13.73% New
69 DRW Securities, LLC 43.60% of their portfolio CHICAGO, IL 1,271,2011.3m $563.5m $563.5m 43.60% Added +1.3m +1,259,702
70 Mariner, LLC 1.50% of their portfolio Overland Park, KS 1,266,3961.3m $561.4m $561.4m 1.50% Added +35.6k +35,552
71 Trust Asset Management LLC 56.15% of their portfolio HOUSTON, TX 1,221,8011.2m $541.6m $541.6m 56.15% Added +1.0k +1,040
72 COMMON FUND FOR NONPROFIT ORGANIZATIONS 83.94% of their portfolio NORWALK, CT 1,202,4981.2m $533.0m $533.0m 83.94% Reduced -46.7k -46,664
73 CREDIT SUISSE AG/ 0.52% of their portfolio ZURICH, V8 1,184,9181.2m $525.3m $525.3m 0.52% Reduced -450.8k -450,757
74 Analyst IMS Investment Management Services Ltd. 32.43% of their portfolio Tel-aviv, L3 1,102,4081.1m $483.0m $483.0m 32.43% Added +41.3k +41,282
75 WOLVERINE ASSET MANAGEMENT LLC 9.19% of their portfolio CHICAGO, IL 1,100,6081.1m $487.9m $487.9m 9.19% Added +835.6k +835,643
76 CIBC WORLD MARKETS CORP 3.94% of their portfolio NEW YORK, NY 1,093,5011.1m $484.7m $484.7m 3.94% Added +998.5k +998,500
77 TWO SIGMA INVESTMENTS, LP 1.27% of their portfolio NEW YORK, NY 1,072,9171.1m $475.6m $475.6m 1.27% Added +791.2k +791,156
78 Swan Global Investments, LLC 35.65% of their portfolio DURANGO, CO 1,068,7501.1m $473.8m $473.8m 35.65% Reduced -62.3k -62,260
79 Bridgewater Associates, LP 2.84% of their portfolio Westport, CT 1,035,7821.0m $459.1m $459.1m 2.84% Reduced -197.3k -197,335
80 GLENMEDE TRUST CO NA 2.29% of their portfolio PHILADELPHIA, PA 986,530986.5k $403.9m $403.9m 2.29% Unchanged
81 CAPTRUST FINANCIAL ADVISORS 1.68% of their portfolio RALEIGH, NC 963,113963.1k $426.9m $426.9m 1.68% Added +14.6k +14,572
82 BBR PARTNERS, LLC 47.15% of their portfolio NEW YORK, NY 961,132961.1k $426.1m $426.1m 47.15% Reduced -1.5k -1,468
83 Walleye Capital LLC 7.28% of their portfolio NEW YORK, NY 934,236934.2k $414.1m $414.1m 7.28% New
84 Valeo Financial Advisors, LLC 18.39% of their portfolio CARMEL, IN 922,558922.6k $402.5m $402.5m 18.39% Reduced -40.9k -40,895
85 Corient Private Wealth LP 0.94% of their portfolio MIAMI, FL 921,691921.7k $408.5m $408.5m 0.94% Added +166.0k +166,026
86 Lombard Odier Asset Management (USA) Corp 45.61% of their portfolio New York, NY 918,384918.4k $407.1m $407.1m 45.61% Added +238.5k +238,515
87 ALLIANCEBERNSTEIN L.P. 0.16% of their portfolio NASHVILLE, TN 896,313896.3k $397.3m $397.3m 0.16% Added +622 +622
88 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.10% of their portfolio SAN FRANCISCO, CA 814,581814.6k $361.1m $361.1m 0.10% Reduced -83.0k -83,032
89 Advance Capital Management, Inc. 40.32% of their portfolio SOUTHFIELD, MI 802,087802.1k $355.5m $355.5m 40.32% Added +718.6k +718,556
90 Sand Hill Global Advisors, LLC 16.71% of their portfolio Palo Alto, CA 758,487758.5k $336.2m $336.2m 16.71% Added +122.0k +122,048
91 Cohen Klingenstein LLC 14.35% of their portfolio NEW YORK, NY 747,456747.5k $331.3m $331.3m 14.35% Reduced -11.7k -11,694
92 Gotham Asset Management, LLC 7.20% of their portfolio NEW YORK, NY 746,740746.7k $331.0m $331.0m 7.20% Added +114.1k +114,089
93 Circle Wealth Management, LLC 43.12% of their portfolio SUMMIT, NJ 735,514735.5k $326.0m $326.0m 43.12% Added +22.6k +22,611
94 Greenfield FTC, Inc. 91.32% of their portfolio Reno, NV 734,293734.3k $325.5m $325.5m 91.32% Reduced -8.9k -8,923
95 M&T Bank Corp 1.19% of their portfolio BUFFALO, NY 721,015721.0k $319.6m $319.6m 1.19% Reduced -13.7k -13,683
96 BLAIR WILLIAM & CO/IL 1.17% of their portfolio CHICAGO, IL 717,731717.7k $318.2m $318.2m 1.17% Reduced -2.4k -2,386
97 AE Wealth Management LLC 1.88% of their portfolio TOPEKA, KS 704,742704.7k $312.4m $312.4m 1.88% Added +44.3k +44,344
98 FIFTH THIRD BANCORP 1.37% of their portfolio CINCINNATI, OH 698,648698.6k $309.7m $309.7m 1.37% Reduced -20.9k -20,894
99 Apexium Financial, LP 26.90% of their portfolio Dallas, TX 683,200683.2k $303.8m $303.8m 26.90% Reduced -4 -4
100 PATHSTONE FAMILY OFFICE, LLC 4.31% of their portfolio ENGLEWOOD, NJ 683,052683.1k $303.0m $303.0m 4.31% Added +15.9k +15,915