SPDR S&P 500 ETF TR SPY
TR UNIT · ETP · CUSIP 78462F103 · ISIN US78462F1030
* 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 ($737.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $540.75. Options: 157 managers hold calls ($268.2bn notional), 345 hold puts ($562.7bn).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 3,063 |
| Q4 2022 | 3,311 |
| Q1 2023 | 3,267 |
| Q2 2023 | 3,312 |
| Q3 2023 | 3,333 |
| Q4 2023 | 3,697 |
| Q1 2024 | 3,707 |
| Q2 2024 | 3,769 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 1,513 | 1,305 |
| Q1 2023 | 1,296 | 1,668 |
| Q2 2023 | 1,403 | 1,533 |
| Q3 2023 | 1,478 | 1,490 |
| Q4 2023 | 1,716 | 1,356 |
| Q1 2024 | 1,587 | 1,735 |
| Q2 2024 | 1,727 | 1,560 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $237.9bn | $412.3bn | 1.73 |
| Q4 2023 | $263.2bn | $453.8bn | 1.72 |
| Q1 2024 | $276.4bn | $676.8bn | 2.45 |
| Q2 2024 | $268.2bn | $562.7bn | 2.10 |
Biggest buyers
| Optiver Holding B.V. | New | +4.7m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +2.8m |
| Strategic Financial Concepts, LLC | Added | +2.6m |
| CITADEL ADVISORS LLC | Added | +2.0m |
| CREDIT AGRICOLE S A | Added | +1.7m |
| BANK OF NOVA SCOTIA | Added | +1.5m |
| BARCLAYS PLC | Added | +1.3m |
| Squarepoint Ops LLC | New | +1.3m |
| IMC-Chicago, LLC | New | +1.1m |
| TORONTO DOMINION BANK | Added | +1.0m |
Biggest sellers
| MORGAN STANLEY | Reduced | -64.0m |
| JPMORGAN CHASE & CO | Reduced | -8.1m |
| ROYAL BANK OF CANADA | Reduced | -6.5m |
| MIZUHO SECURITIES USA LLC | Reduced | -5.8m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -5.5m |
| CTC LLC | Reduced | -5.5m |
| JANE STREET GROUP, LLC | Reduced | -4.7m |
| HRT FINANCIAL LP | Reduced | -4.4m |
| BANK OF MONTREAL /CAN/ | Reduced | -2.4m |
| GOLDMAN SACHS GROUP INC | Reduced | -2.2m |
Biggest calls
| BARCLAYS PLC | Added | $48.1bn88.3m shares |
| CTC LLC | Reduced | $32.2bn591.4k shares |
| Optiver Holding B.V. | Reduced | $31.7bn58.2m shares |
| JANE STREET GROUP, LLC | Added | $28.9bn53.1m shares |
| CITADEL ADVISORS LLC | Reduced | $18.5bn34.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $16.1bn29.5m shares |
| Belvedere Trading LLC | Reduced | $15.9bn29.3m shares |
| SIMPLEX TRADING, LLC | Reduced | $10.4bn19.4m shares |
| IMC-Chicago, LLC | Reduced | $9.0bn16.6m shares |
| WOLVERINE TRADING, LLC | Reduced | $8.6bn15.9m shares |
Biggest puts
| 1832 Asset Management L.P. | Reduced | $65.5bn120.4m shares |
| JANE STREET GROUP, LLC | Reduced | $60.5bn111.1m shares |
| Optiver Holding B.V. | Reduced | $54.1bn99.4m shares |
| CTC LLC | Reduced | $46.1bn847.7k shares |
| LM Advisors LLC | Unchanged | $39.3bn0 shares |
| Belvedere Trading LLC | Added | $30.4bn55.8m shares |
| CITADEL ADVISORS LLC | Reduced | $29.4bn54.1m shares |
| SIMPLEX TRADING, LLC | Reduced | $28.5bn52.6m shares |
| IMC-Chicago, LLC | Reduced | $26.1bn48.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $19.3bn35.5m 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 2024
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 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| JPMORGAN CHASE & CO 2.64% of their portfolio | 112.7m $61.3bn | Reduced -8.1m |
| MORGAN STANLEY 1.47% of their portfolio | 35.0m $19.0bn | Reduced -64.0m |
| GOLDMAN SACHS GROUP INC 3.66% of their portfolio | 34.4m $18.7bn | Reduced -2.2m |
| BANK OF AMERICA CORP /DE/ 1.31% of their portfolio | 25.1m $13.7bn | Added +800.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 12.95% of their portfolio | 13.7m $7.4bn | Reduced -5.5m |
| NORTHERN TRUST CORP 1.24% of their portfolio | 13.5m $7.3bn | Added +60.2k |
| WELLS FARGO & COMPANY/MN 1.63% of their portfolio | 11.6m $6.3bn | Added +966.3k |
| LPL Financial LLC 2.27% of their portfolio | 8.4m $4.6bn | Added +232.1k |
| ROYAL BANK OF CANADA 1.05% of their portfolio | 8.0m $4.4bn | Reduced -6.5m |
| UBS Group AG 1.30% of their portfolio | 7.7m $4.2bn | Reduced -731.4k |
| HRT FINANCIAL LP 23.53% of their portfolio | 7.5m $4.1bn | Reduced -4.4m |
| TD Asset Management Inc 3.56% of their portfolio | 7.0m $3.8bn | Reduced -410.3k |
| BANK OF MONTREAL /CAN/ 1.18% of their portfolio | 6.9m $3.9bn | Reduced -2.4m |
| Qube Research & Technologies Ltd 6.33% of their portfolio | 6.3m $3.4bn | Added +535.5k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 9.78% of their portfolio | 6.1m $3.3bn | Added +189.1k |
| CITADEL ADVISORS LLC 3.00% of their portfolio | 5.6m $3.0bn | Added +2.0m |
| BARCLAYS PLC 1.35% of their portfolio | 5.4m $2.9bn | Added +1.3m |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 2.80% of their portfolio | 5.2m $2.8bn | Reduced -1.1m |
| Optiver Holding B.V. 49.80% of their portfolio | 4.7m $2.6bn | New |
| US BANCORP \DE\ 3.41% of their portfolio | 4.6m $2.5bn | Reduced -56.7k |
| PNC Financial Services Group, Inc. 1.56% of their portfolio | 4.3m $2.3bn | Reduced -75.9k |
| FMR LLC 0.14% of their portfolio | 4.0m $2.2bn | Added +44.8k |
| AMERIPRISE FINANCIAL INC 0.51% of their portfolio | 3.5m $1.9bn | Added +108.4k |
| Bank of New York Mellon Corp 0.35% of their portfolio | 3.4m $1.9bn | Reduced -89.2k |
| TRUIST FINANCIAL CORP 2.82% of their portfolio | 3.4m $1.9bn | Reduced -142.4k |
| BANK OF NOVA SCOTIA 3.54% of their portfolio | 3.3m $1.8bn | Added +1.5m |
| Cresset Asset Management, LLC 7.44% of their portfolio | 3.2m $1.8bn | Added +221.7k |
| STATE OF MICHIGAN RETIREMENT SYSTEM 8.68% of their portfolio | 3.1m $1.7bn | Reduced -40.1k |
| CIBC WORLD MARKETS CORP 11.08% of their portfolio | 3.1m $1.7bn | Reduced -587.9k |
| MILLENNIUM MANAGEMENT LLC 1.38% of their portfolio | 3.1m $1.7bn | Reduced -1.8m |
| MACKENZIE FINANCIAL CORP 2.47% of their portfolio | 3.1m $1.7bn | Reduced -114.9k |
| HSBC HOLDINGS PLC 1.06% of their portfolio | 3.0m $1.7bn | Added +312.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.29% of their portfolio | 3.0m $1.6bn | Added +2.8m |
| Creative Planning 1.74% of their portfolio | 3.0m $1.6bn | Reduced -22.8k |
| TWO SIGMA INVESTMENTS, LP 3.60% of their portfolio | 2.8m $1.5bn | Added +58.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.51% of their portfolio | 2.7m $1.5bn | Reduced -78.9k |
| TORONTO DOMINION BANK 2.34% of their portfolio | 2.7m $1.5bn | Added +1.0m |
| Pathstone Holdings, LLC 6.52% of their portfolio | 2.7m $1.4bn | Added +286.2k |
| National Mutual Insurance Federation of Agricultural Cooperatives 14.21% of their portfolio | 2.6m $1.4bn | Unchanged |
| Strategic Financial Concepts, LLC 0.34% of their portfolio | 2.6m $575.3k | Added +2.6m |
| RAYMOND JAMES & ASSOCIATES 0.88% of their portfolio | 2.5m $1.3bn | Reduced -48.2k |
| Silicon Valley Community Foundation 57.73% of their portfolio | 2.4m $1.3bn | Reduced -141.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 1.20% of their portfolio | 2.2m $1.2bn | Unchanged |
| Rockefeller Capital Management L.P. 3.43% of their portfolio | 2.2m $1.2bn | Reduced -46.6k |
| Lido Advisors, LLC 9.20% of their portfolio | 2.1m $1.1bn | Reduced -54.6k |
| Raymond James Financial Services Advisors, Inc. 1.58% of their portfolio | 2.0m $1.1bn | Added +196.0k |
| COMMONWEALTH EQUITY SERVICES, LLC 1.70% of their portfolio | 2.0m $1.1bn | Added +83.5k |
| Capula Management Ltd 11.85% of their portfolio | 1.9m $1.1bn | Reduced -1.6m |
| WOLVERINE TRADING, LLC 16.93% of their portfolio | 1.9m $1.0bn | Added +851.6k |
| CREDIT AGRICOLE S A 6.31% of their portfolio | 1.9m $1.0bn | Added +1.7m |
| BNP PARIBAS FINANCIAL MARKETS 1.08% of their portfolio | 1.8m $1.0bn | Added +959.9k |
| HighTower Advisors, LLC 1.50% of their portfolio | 1.8m $967.0m | Reduced -239.1k |
| Board of Trustees of The Leland Stanford Junior University 60.79% of their portfolio | 1.6m $895.0m | Added +151.0k |
| Norinchukin Bank, The 24.30% of their portfolio | 1.6m $851.0m | Unchanged |
| STIFEL FINANCIAL CORP 0.94% of their portfolio | 1.5m $836.5m | Reduced -5.8k |
| MERCER GLOBAL ADVISORS INC /ADV 2.20% of their portfolio | 1.5m $807.6m | Added +837.8k |
| Gotham Asset Management, LLC 10.45% of their portfolio | 1.5m $807.2m | Added +234.4k |
| Bank Julius Baer & Co. Ltd, Zurich 3.42% of their portfolio | 1.5m $893.5m | Reduced -196.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.71% of their portfolio | 1.4m $758.7m | Reduced -93.1k |
| Analyst IMS Investment Management Services Ltd. 29.62% of their portfolio | 1.3m $721.5m | Reduced -37.2k |
| BlackRock Inc. 0.02% of their portfolio | 1.3m $718.3m | Reduced -44.4k |
| Cetera Investment Advisers 1.62% of their portfolio | 1.3m $704.1m | Added +29.5k |
| Squarepoint Ops LLC 2.61% of their portfolio | 1.3m $699.9m | New |
| STATE STREET CORP 0.03% of their portfolio | 1.2m $680.2m | Reduced -356.3k |
| Mariner, LLC 1.31% of their portfolio | 1.2m $674.3m | Reduced -17.6k |
| Trust Asset Management LLC 55.81% of their portfolio | 1.2m $662.7m | Unchanged |
| CHURCHILL MANAGEMENT Corp 7.63% of their portfolio | 1.2m $647.2m | Added +299.5k |
| NATIXIS 4.02% of their portfolio | 1.2m $637.7m | Reduced -8.1k |
| NISSAY ASSET MANAGEMENT CORP /JAPAN 4.19% of their portfolio | 1.2m $633.6m | Unchanged |
| Euclidean Capital LLC 78.43% of their portfolio | 1.1m $624.2m | Added +172.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.12% of their portfolio | 1.1m $608.7m | Added +209.6k |
| COMMON FUND FOR NONPROFIT ORGANIZATIONS 82.20% of their portfolio | 1.1m $595.8m | Reduced -29.4k |
| Jefferies Financial Group Inc. 11.62% of their portfolio | 1.1m $591.1m | Added +288.0k |
| Swan Global Investments, LLC 29.50% of their portfolio | 1.1m $590.3m | Reduced -109.9k |
| IMC-Chicago, LLC 18.66% of their portfolio | 1.1m $582.3m | New |
| Allianz Asset Management GmbH 0.94% of their portfolio | 1.1m $580.6m | Added +70.1k |
| Corient Private Wealth LP 1.00% of their portfolio | 1.1m $576.2m | Added +17.5k |
| Hirtle & Co., LLC 24.74% of their portfolio | 1.1m $574.1m | Reduced -76.4k |
| MARSHALL WACE, LLP 0.79% of their portfolio | 1.0m $559.2m | Added +652.9k |
| OSAIC HOLDINGS, INC. 1.28% of their portfolio | 995.5k $542.1m | Reduced -119.6k |
| Valeo Financial Advisors, LLC 16.36% of their portfolio | 979.5k $523.4m | Reduced -14.0k |
| BBR PARTNERS, LLC 43.37% of their portfolio | 972.7k $529.4m | Added +22.4k |
| Thrivent Financial for Lutherans 1.00% of their portfolio | 913.5k $497.2m | Reduced -59.8k |
| Balyasny Asset Management L.P. 1.28% of their portfolio | 907.4k $493.8m | Added +822.3k |
| Clal Insurance Enterprises Holdings Ltd 5.00% of their portfolio | 875.6k $477.9m | Reduced -37.4k |
| GLENMEDE TRUST CO NA 2.41% of their portfolio | 873.5k $475.4m | Reduced -255.4k |
| SG Americas Securities, LLC 2.99% of their portfolio | 869.5k $473.2m | Added +52.4k |
| Sanders Capital, LLC 0.72% of their portfolio | 867.9k $472.3m | Reduced -39.2k |
| Schonfeld Strategic Advisors LLC 3.66% of their portfolio | 866.1k $471.3m | Reduced -1.4m |
| Howard Hughes Medical Institute 100.00% of their portfolio | 856.7k $466.2m | Added +229.1k |
| PRUDENTIAL FINANCIAL INC 0.68% of their portfolio | 832.4k $453.0m | Reduced -361.5k |
| Circle Wealth Management, LLC 10.34% of their portfolio | 822.0k $447.4m | Reduced -18.8k |
| Essex Financial Services, Inc. 1.84% of their portfolio | 821.6k $24.7m | Added +779.0k |
| Members Trust Co 13.54% of their portfolio | 820.4k $446.5m | Reduced -17.0k |
| Alberta Investment Management Corp 4.65% of their portfolio | 807.1k $439.3m | Added +540.1k |
| DOW CHEMICAL CO /DE/ 93.56% of their portfolio | 805.1k $438.2m | Added +430.9k |
| NATIONAL BANK OF CANADA /FI/ 0.67% of their portfolio | 786.6k $428.8m | Reduced -124.5k |
| TEXAS TREASURY SAFEKEEPING TRUST CO 16.40% of their portfolio | 778.8k $423.9m | Reduced -210.8k |
| CAPTRUST FINANCIAL ADVISORS 1.36% of their portfolio | 776.5k $422.6m | Reduced -104.4k |
| BLAIR WILLIAM & CO/IL 1.30% of their portfolio | 773.3k $420.8m | Added +39.0k |