Vault-13

SPDR INDEX SHS FDS FEZ

EURO STOXX 50 · ETP · CUSIP 78463X202

220 institutional holders +32 vs Q4 2022
30,544,65330.5m shares reported held*
$1.4bnreported value*
52 new 64 added 58 reduced 19 sold out net sold ≈ $42.3m (-907.6k 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 ($496.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $44.85. Options: 13 managers hold calls ($182.9m notional), 26 hold puts ($566.1m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 164Q4 22: 188Q1 23: 220220Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022164
Q4 2022188
Q1 2023220

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 92 bought or addedQ4 22: 71 cut or sold outQ4 22Q1 23: 116 bought or addedQ1 23: 77 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20229271
Q1 202311677

Calls vs puts

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

CallsPuts
$0$200m$400m$600mQ3 22 calls: $54.0mQ3 22 puts: $357.3mQ3 22P/C 6.61Q4 22 calls: $379.1mQ4 22 puts: $472.4mQ4 22P/C 1.25Q1 23 calls: $182.9mQ1 23 puts: $566.1mQ1 23P/C 3.10
Numbers
QuarterCallsPutsP/C
Q3 2022$54.0m$357.3m6.61
Q4 2022$379.1m$472.4m1.25
Q1 2023$182.9m$566.1m3.10

Biggest buyers

MAINSTAY CAPITAL MANAGEMENT LLC /ADV New +1,236,954+1.2m
SOUTHERN FARM BUREAU LIFE INSURANCE New +505,480+505.5k
GOLDMAN SACHS GROUP INC Added +405,522+405.5k
WELLS FARGO & COMPANY/MN Added +316,128+316.1k
PRUDENTIAL PLC Added +204,750+204.8k
OSAIC HOLDINGS, INC. Added +204,568+204.6k
ENVESTNET ASSET MANAGEMENT INC Added +199,356+199.4k
MinichMacGregor Wealth Management, LLC New +195,635+195.6k
LPL Financial LLC Added +174,783+174.8k
First International Bank & Trust New +166,223+166.2k

Biggest sellers

JPMORGAN CHASE & CO Reduced -2,741,560-2.7m
JANE STREET GROUP, LLC Reduced -1,242,871-1.2m
BANK OF AMERICA CORP /DE/ Reduced -1,138,495-1.1m
BARCLAYS PLC Reduced -477,270-477.3k
Money Design Co.,Ltd. Reduced -335,987-336.0k
NEW YORK STATE COMMON RETIREMENT FUND Reduced -237,136-237.1k
MORGAN STANLEY Reduced -167,808-167.8k
BlueCrest Capital Management Ltd Sold out -143,750-143.8k
Squarepoint Ops LLC Reduced -125,416-125.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -124,877-124.9k

Biggest calls

JANE STREET GROUP, LLC Reduced $70.4m1.6m shares
CITADEL ADVISORS LLC Added $29.4m654.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $28.7m639.5k shares
JPMORGAN CHASE & CO New $26.9m600.0k shares
MARSHALL WACE, LLP New $9.6m213.9k shares
Parallax Volatility Advisers, L.P. Added $9.0m200.0k shares
Walleye Trading LLC Added $3.6m79.5k shares
BlueCrest Capital Management Ltd New $2.2m50.0k shares
WOLVERINE TRADING, LLC New $1.9m43.4k shares
CenterStar Asset Management, LLC New $565.7k12.6k shares

Biggest puts

Deer Park Road Corp Reduced $123.5m2.8m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $98.4m2.2m shares
UBS Group AG Added $67.3m1.5m shares
CITADEL ADVISORS LLC Reduced $46.1m1.0m shares
ARMOR ADVISORS, L.L.C. New $33.7m750.0k shares
BANK OF AMERICA CORP /DE/ Added $25.5m568.8k shares
WOLVERINE TRADING, LLC New $23.7m529.0k shares
NOMURA HOLDINGS INC New $23.1m515.0k shares
GOLDMAN SACHS GROUP INC New $22.4m500.0k shares
Capula Management Ltd Not comparable $22.4m500.0k 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.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 3,815,2223.8m $171.3m $171.3m 0.02% Reduced -167.8k -167,808
2 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 3,267,7323.3m $146.7m $146.7m 0.04% Added +405.5k +405,522
3 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,443,2112.4m $109.7m $109.7m 0.01% Reduced -1.1m -1,138,495
4 SOROS FUND MANAGEMENT LLC 1.17% of their portfolio NEW YORK, NY 1,374,7001.4m $61.7m $61.7m 1.17% Unchanged
5 MAINSTAY CAPITAL MANAGEMENT LLC /ADV 11.00% of their portfolio GRAND BLANC, MI 1,236,9541.2m $55.5m $55.5m 11.00% New
6 JANE STREET GROUP, LLC 0.08% of their portfolio NEW YORK, NY 1,072,7981.1m $48.2m $48.2m 0.08% Reduced -1.2m -1,242,871
7 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,039,6111.0m $46.7m $46.7m 0.02% Added +199.4k +199,356
8 UBS Group AG 0.02% of their portfolio ZURICH, V8 903,030903.0k $40.5m $40.5m 0.02% Added +72.2k +72,196
9 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 860,871860.9k $38.7m $38.7m 0.01% Reduced -2.7m -2,741,560
10 NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio ALBANY, NY 777,489777.5k $34.9m $34.9m 0.05% Reduced -237.1k -237,136
11 PRUDENTIAL PLC 0.39% of their portfolio LONDON, X0 741,514741.5k $33.3m $33.3m 0.39% Added +204.8k +204,750
12 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 737,007737.0k $33.1m $33.1m 0.01% Added +316.1k +316,128
13 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 613,233613.2k $27.5m $27.5m 0.01% Reduced -69.9k -69,903
14 Fisher Asset Management, LLC 0.02% of their portfolio PLANO, TX 585,222585.2k $26.3m $26.3m 0.02% Reduced -58.0k -58,042
15 Allianz Asset Management GmbH 0.05% of their portfolio MUNICH, 2M 540,000540.0k $24.2m $24.2m 0.05% Added +50.0k +50,000
16 SOUTHERN FARM BUREAU LIFE INSURANCE 3.83% of their portfolio JACKSON, MS 505,480505.5k $22.7m $22.7m 3.83% New
17 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 383,138383.1k $17.2m $17.2m 0.03% Added +204.6k +204,568
18 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 327,104327.1k $14.7m $14.7m 0.01% Added +174.8k +174,783
19 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 310,015310.0k $13.9m $13.9m 0.01% Unchanged
20 CIBC WORLD MARKET INC. 0.05% of their portfolio TORONTO, A6 305,612305.6k $13.7m $13.7m 0.05% Added +21.9k +21,933
21 PGIM Custom Harvest LLC 0.52% of their portfolio NEWARK, NJ 279,329279.3k $12.5m $12.5m 0.52% Reduced -21.5k -21,469
22 Rokos Capital Management LLP 1.04% of their portfolio LONDON, X0 268,943268.9k $12.1m $12.1m 1.04% Added +152.0k +152,000
23 Money Design Co.,Ltd. 0.70% of their portfolio TOKYO, M0 265,301265.3k $11.9m $11.9m 0.70% Reduced -336.0k -335,987
24 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 255,863255.9k $11.5m $11.5m 0.00% Added +147.7k +147,734
25 COURIER CAPITAL LLC 1.14% of their portfolio BUFFALO, NY 228,788228.8k $10.3m $10.3m 1.14% Reduced -531 -531
26 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 226,704226.7k $10.2m $10.2m 0.02% Reduced -4.7k -4,653
27 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 200,556200.6k $9.0m $9.0m 0.06% Added +5.9k +5,885
28 MinichMacGregor Wealth Management, LLC 2.91% of their portfolio Saratoga Springs, NY 195,635195.6k $8.8m $8.8m 2.91% New
29 Banco Santander, S.A. 0.12% of their portfolio Madrid, U3 178,111178.1k $8.0m $8.0m 0.12% Added +23.5k +23,510
30 Private Wealth Advisors, LLC 3.32% of their portfolio Fresno, CA 173,572173.6k $7.8m $7.8m 3.32% Reduced -6.4k -6,390
31 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 173,141173.1k $7.8m $7.8m 0.01% Reduced -124.9k -124,877
32 First International Bank & Trust 2.47% of their portfolio WATFORD CITY, ND 166,223166.2k $7.5m $7.5m 2.47% New
33 SG Americas Securities, LLC 0.10% of their portfolio NEW YORK, NY 164,766164.8k $7.4m $7.4m 0.10% Unchanged
34 Good Life Advisors, LLC 0.94% of their portfolio READING, PA 163,976164.0k $7.4m $7.4m 0.94% New
35 One Capital Management, LLC 0.36% of their portfolio WESTLAKE VILLAGE, CA 163,751163.8k $7.4m $7.4m 0.36% Added +156.3k +156,313
36 Harel Insurance Investments & Financial Services Ltd. 0.15% of their portfolio Ramat Gan, L3 160,599160.6k $7.2m $7.2m 0.15% Unchanged
37 Gladstone Institutional Advisory LLC 0.46% of their portfolio Bedminster, NJ 156,658156.7k $7.0m $7.0m 0.46% New
38 Vontobel Holding Ltd. 0.06% of their portfolio ZURICH, V8 144,517144.5k $6.5m $6.5m 0.06% Added +57.6k +57,600
39 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 138,836138.8k $6.2m $6.2m 0.03% New
40 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 136,658136.7k $6.1m $6.1m 0.01% Reduced -5.1k -5,080
41 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 135,398135.4k $6.1m $6.1m 0.01% Reduced -61.7k -61,683
42 WBH ADVISORY INC 0.74% of their portfolio BALTIMORE, MD 131,159131.2k $5.9m $5.9m 0.74% First filing
43 Graypoint LLC 0.61% of their portfolio Albany, NY 126,098126.1k $5.7m $5.7m 0.61% Added +4.5k +4,499
44 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 118,693118.7k $5.3m $5.3m 0.01% Reduced -477.3k -477,270
45 Family Asset Management, LLC 3.81% of their portfolio CHARLESTON, SC 115,954116.0k $5.2m $5.2m 3.81% Added +18.5k +18,512
46 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 113,352113.4k $5.1m $5.1m 0.01% Added +105.3k +105,290
47 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 111,304111.3k $5.0m $5.0m 0.01% Reduced -95.8k -95,772
48 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 110,211110.2k $3.4m $3.4m 0.01% Added +99.9k +99,914
49 ASHFORD CAPITAL MANAGEMENT INC 0.74% of their portfolio WILMINGTON, DE 109,857109.9k $4.9m $4.9m 0.74% Added +18.1k +18,122
50 GFS Advisors, LLC 1.10% of their portfolio HOUSTON, TX 106,087106.1k $4.8m $4.8m 1.10% Reduced -31.1k -31,052
51 RETIREMENT GUYS FORMULA LLC 3.31% of their portfolio MAUMEE, OH 102,950103.0k $4.6m $4.6m 3.31% Reduced -11.5k -11,490
52 Allie Family Office LLC 3.34% of their portfolio MIAMI, FL 99,59899.6k $4.5m $4.5m 3.34% Added +5.8k +5,850
53 Stratos Wealth Advisors, LLC 0.32% of their portfolio BEACHWOOD, OH 93,47793.5k $4.2m $4.2m 0.32% Added +2.5k +2,478
54 Robertson Stephens Wealth Management, LLC 0.32% of their portfolio San Francisco, CA 93,30593.3k $4.2m $4.2m 0.32% New
55 PARK AVENUE SECURITIES LLC 0.07% of their portfolio NEW YORK, NY 92,07092.1k $4.1m $4.1m 0.07% Added +11.1k +11,069
56 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 89,30089.3k $4.0m $4.0m 0.01% New
57 DORCHESTER WEALTH MANAGEMENT Co 0.80% of their portfolio MONTREAL, A8 87,06587.1k $3.9m $3.9m 0.80% Reduced -265 -265
58 Geneos Wealth Management Inc. 0.23% of their portfolio ENGLEWOOD, CO 84,27784.3k $3.8m $3.8m 0.23% New
59 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 84,22184.2k $3.8m $3.8m 0.04% Added +20.9k +20,888
60 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 83,95084.0k $3.8m $3.8m 0.00% New
61 Del-Sette Capital Management, LLC 3.59% of their portfolio SCHENECTADY, NY 81,19281.2k $3.6m $3.6m 3.59% New
62 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 77,56077.6k $3.5m $3.5m 0.00% Reduced -11.1k -11,100
63 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.04% of their portfolio Madrid, U3 77,39977.4k $3.5m $3.5m 0.04% Added +17.8k +17,833
64 Foundations Investment Advisors, LLC 0.12% of their portfolio PHOENIX, AZ 72,30672.3k $3.2m $3.2m 0.12% New
65 Riggs Asset Managment Co. Inc. 1.20% of their portfolio DALLAS, PA 69,01669.0k $3.1m $3.1m 1.20% New
66 Sigma Planning Corp 0.10% of their portfolio ANN ARBOR, MI 68,04068.0k $3.1m $3.1m 0.10% New
67 Anfield Capital Management, LLC 1.40% of their portfolio IRVINE, CA 67,51267.5k $3.0m $3.0m 1.40% New
68 LFA - Lugano Financial Advisors SA 2.23% of their portfolio LUGANO, V8 66,15066.2k $3.0m $3.0m 2.23% Reduced -13.6k -13,649
69 MMBG INVESTMENT ADVISORS CO. 0.37% of their portfolio MIAMI, FL 64,80564.8k $2.9m $2.9m 0.37% Unchanged
70 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 61,02161.0k $2.7m $2.7m 0.02% Added +13.1k +13,125
71 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 60,47260.5k $2.7m $2.7m 0.01% Added +46.7k +46,683
72 SURIENCE PRIVATE WEALTH LLC 4.05% of their portfolio YAKIMA, WA 59,04759.0k $2.7m $2.7m 4.05% New
73 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.20% of their portfolio BIRMINGHAM, AL 57,21057.2k $2.6m $2.6m 0.20% Added +18.1k +18,052
74 STEPHENS INC /AR/ 0.05% of their portfolio LITTLE ROCK, AR 53,77653.8k $2.4m $2.4m 0.05% New
75 HRT FINANCIAL LP 0.03% of their portfolio NEW YORK, NY 52,53852.5k $2.4m $2.4m 0.03% Added +9.3k +9,335
76 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 51,13651.1k $2.3m $2.3m 0.00% Reduced -4.9k -4,879
77 RITHOLTZ WEALTH MANAGEMENT 0.11% of their portfolio NEW YORK, NY 50,80150.8k $2.3m $2.3m 0.11% Unchanged
78 BANK OF NOVA SCOTIA 0.01% of their portfolio TORONTO, A6 47,02947.0k $2.1m $2.1m 0.01% Added +10.8k +10,800
79 Capital Investment Counsel, Inc 0.48% of their portfolio RALEIGH, NC 46,42046.4k $2.1m $2.1m 0.48% Reduced -4.4k -4,375
80 TWO SIGMA SECURITIES, LLC 0.17% of their portfolio NEW YORK, NY 45,63345.6k $2.0m $2.0m 0.17% New
81 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 44,41344.4k $2.0m $2.0m 0.00% Reduced -48.1k -48,086
82 Optiver Holding B.V. 0.09% of their portfolio AMSTERDAM, P7 44,38244.4k $2.0m $2.0m 0.09% Added +31.4k +31,375
83 Focus Financial Network, Inc. 0.11% of their portfolio MINNEAPOLIS, MN 40,00040.0k $1.8m $1.8m 0.11% Unchanged
84 WOLVERINE TRADING, LLC 0.05% of their portfolio CHICAGO, IL 37,03237.0k $1.7m $1.7m 0.05% New
85 Upper Left Wealth Management, LLC 1.85% of their portfolio TAMPA, FL 36,24536.2k $1.6m $1.6m 1.85% Reduced -128 -128
86 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 34,64334.6k $1.5m $1.5m 0.00% Reduced -1.5k -1,534
87 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 33,90633.9k $1.5m $1.5m 0.00% Added +27.7k +27,734
88 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 33,17733.2k $1.5m $1.5m 0.00% Reduced -10.8k -10,805
89 SIMPLEX TRADING, LLC 0.07% of their portfolio CHICAGO, IL 32,89532.9k $1.5m $1.5m 0.07% New
90 Brookstone Capital Management 0.03% of their portfolio WHEATON, IL 32,79132.8k $1.5m $1.5m 0.03% Added +14.8k +14,817
91 Retirement Planning Group, LLC 0.15% of their portfolio LEAWOOD, KS 32,12932.1k $1.4m $1.4m 0.15% Unchanged
92 Hall Kathryn A. 0.41% of their portfolio SAN FRANCISCO, CA 30,99431.0k $1.4m $1.4m 0.41% New
93 Cetera Advisors LLC 0.02% of their portfolio DENVER, CO 30,47930.5k $1.4m $1.4m 0.02% Added +7.6k +7,628
94 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 30,34730.3k $1.4m $1.4m 0.00% Added +14.2k +14,215
95 Bank Julius Baer & Co. Ltd, Zurich 0.01% of their portfolio ZURICH, V8 28,24028.2k $1.3m $1.3m 0.01% Unchanged
96 Sowell Financial Services LLC 0.10% of their portfolio NORTH LITTLE ROCK, AR 27,93527.9k $1.3m $1.3m 0.10% New
97 CALTON & ASSOCIATES, INC. 0.55% of their portfolio Tampa, FL 26,16426.2k $1.2m $1.2m 0.55% Reduced -159 -159
98 Prospera Financial Services Inc 0.05% of their portfolio Dallas, TX 26,13226.1k $1.2m $1.2m 0.05% New
99 CW Advisors, LLC 0.03% of their portfolio BOSTON, MA 26,06326.1k $1.2m $1.2m 0.03% Added +7.7k +7,700
100 HOLLENCREST CAPITAL MANAGEMENT 0.12% of their portfolio NEWPORT BEACH, CA 26,00026.0k $1.2m $1.2m 0.12% Unchanged