Vault-13

SPDR INDEX SHS FDS FEZ

EURO STOXX 50 · ETP · CUSIP 78463X202

222 institutional holders +8 vs Q3 2023
38,552,22038.6m shares reported held*
$1.8bnreported value*
32 new 52 added 80 reduced 32 sold out net bought ≈ $247.1m (+5.2m 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. Holder counts are more reliable. Implied quarter-end price ≈ $47.81. Options: 13 managers hold calls ($172.9m notional), 12 hold puts ($107.5m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 164Q4 22: 188Q1 23: 220Q2 23: 226Q3 23: 214Q4 23: 222222Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022164
Q4 2022188
Q1 2023220
Q2 2023226
Q3 2023214
Q4 2023222

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 23Q2 23: 112 bought or addedQ2 23: 96 cut or sold outQ2 23Q3 23: 97 bought or addedQ3 23: 115 cut or sold outQ3 23Q4 23: 84 bought or addedQ4 23: 112 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20229271
Q1 202311677
Q2 202311296
Q3 202397115
Q4 202384112

Calls vs puts

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

CallsPuts
$0$200m$400m$600mQ1 23 calls: $182.9mQ1 23 puts: $566.1mQ1 23P/C 3.10Q2 23 calls: $101.2mQ2 23 puts: $301.6mQ2 23P/C 2.98Q3 23 calls: $143.1mQ3 23 puts: $141.1mQ3 23P/C 0.99Q4 23 calls: $172.9mQ4 23 puts: $107.5mQ4 23P/C 0.62
Numbers
QuarterCallsPutsP/C
Q1 2023$182.9m$566.1m3.10
Q2 2023$101.2m$301.6m2.98
Q3 2023$143.1m$141.1m0.99
Q4 2023$172.9m$107.5m0.62

Biggest buyers

JPMORGAN CHASE & CO Added +12,301,447+12.3m
MORGAN STANLEY Added +2,508,196+2.5m
Allianz Asset Management GmbH Added +422,670+422.7k
Optiver Holding B.V. Added +328,000+328.0k
DEUTSCHE BANK AG\ Added +301,900+301.9k
PRUDENTIAL PLC Added +246,530+246.5k
ALLIANCEBERNSTEIN L.P. Added +216,458+216.5k
GOLDMAN SACHS GROUP INC Added +140,956+141.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +97,042+97.0k
RETIREMENT GUYS FORMULA LLC New +90,331+90.3k

Biggest sellers

JANE STREET GROUP, LLC Reduced -5,888,819-5.9m
FLOW TRADERS U.S. LLC Sold out -1,079,297-1.1m
BANK OF MONTREAL /CAN/ Reduced -872,681-872.7k
Woodline Partners LP Sold out -854,824-854.8k
OLD MISSION CAPITAL LLC Reduced -497,304-497.3k
BANK OF AMERICA CORP /DE/ Reduced -359,891-359.9k
CITADEL ADVISORS LLC Sold out -279,575-279.6k
CITIGROUP INC Reduced -222,651-222.7k
LPL Financial LLC Reduced -207,234-207.2k
Riggs Asset Managment Co. Inc. Sold out -191,933-191.9k

Biggest calls

JANE STREET GROUP, LLC Added $70.0m1.5m shares
Rokos Capital Management LLP Unchanged $47.8m1.0m shares
CITADEL ADVISORS LLC Added $22.8m476.5k shares
Greenland Capital Management LP New $11.3m2.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $11.1m232.2k shares
Walleye Trading LLC Reduced $4.1m86.7k shares
GTS SECURITIES LLC Added $3.0m62.8k shares
IMC-Chicago, LLC Reduced $927.5k19.4k shares
WOLVERINE TRADING, LLC Reduced $793.6k16.6k shares
CenterStar Asset Management, LLC New $583.3k12.2k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $37.9m792.6k shares
CITADEL ADVISORS LLC Added $30.7m641.7k shares
Squarepoint Ops LLC Unchanged $10.9m227.4k shares
GTS SECURITIES LLC Reduced $9.9m207.7k shares
Walleye Capital LLC New $9.6m200.0k shares
WOLVERINE TRADING, LLC Reduced $4.1m85.9k shares
Lido Advisors, LLC Added $2.4m51.2k shares
CAPITAL FUND MANAGEMENT S.A. New $1.2m24.1k shares
TWO SIGMA SECURITIES, LLC Reduced $449.4k9.4k shares
SUMMIT SECURITIES GROUP LLC Reduced $359.0k7.5k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 13,320,87813.3m $636.9m $636.9m 0.03% Added +12.3m +12,301,447
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 5,142,2085.1m $245.8m $245.8m 0.01% Added +2.5m +2,508,196
3 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 3,120,1773.1m $149.2m $149.2m 0.03% Added +141.0k +140,956
4 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,626,5341.6m $77.8m $77.8m 0.01% Reduced -359.9k -359,891
5 SOROS FUND MANAGEMENT LLC 1.25% of their portfolio NEW YORK, NY 1,374,7001.4m $65.7m $65.7m 1.25% Unchanged
6 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 941,631941.6k $45.0m $45.0m 0.01% Added +86.4k +86,383
7 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 854,184854.2k $40.8m $40.8m 0.02% Added +216.5k +216,458
8 Allianz Asset Management GmbH 0.07% of their portfolio MUNICH, 2M 783,170783.2k $37.4m $37.4m 0.07% Added +422.7k +422,670
9 UBS Group AG 0.01% of their portfolio ZURICH, V8 765,789765.8k $36.6m $36.6m 0.01% Reduced -63.7k -63,675
10 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 622,070622.1k $29.7m $29.7m 0.02% Added +301.9k +301,900
11 SOUTHERN FARM BUREAU LIFE INSURANCE 5.06% of their portfolio JACKSON, MS 613,480613.5k $29.2m $29.2m 5.06% Unchanged
12 Fisher Asset Management, LLC 0.01% of their portfolio PLANO, TX 491,875491.9k $23.5m $23.5m 0.01% Reduced -35.7k -35,737
13 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 487,954488.0k $23.3m $23.3m 0.01% Reduced -207.2k -207,234
14 SUMITOMO LIFE INSURANCE CO 0.67% of their portfolio TOKYO, M0 452,100452.1k $21.6m $21.6m 0.67% Reduced -61.8k -61,800
15 Optiver Holding B.V. 0.61% of their portfolio AMSTERDAM, P7 428,432428.4k $20.5m $20.5m 0.61% Added +328.0k +328,000
16 PGIM Custom Harvest LLC 0.60% of their portfolio NEWARK, NJ 421,046421.0k $20.1m $20.1m 0.60% Added +90.0k +89,984
17 CIBC WORLD MARKET INC. 0.04% of their portfolio TORONTO, A6 313,053313.1k $15.0m $15.0m 0.04% Added +3.6k +3,595
18 PRUDENTIAL PLC 0.13% of their portfolio LONDON, X0 251,244251.2k $12.0m $12.0m 0.13% Added +246.5k +246,530
19 MinichMacGregor Wealth Management, LLC 3.43% of their portfolio Saratoga Springs, NY 248,378248.4k $11.9m $11.9m 3.43% Reduced -112.4k -112,432
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 245,552245.6k $11.7m $11.7m 0.02% Added +97.0k +97,042
21 COURIER CAPITAL LLC 0.83% of their portfolio BUFFALO, NY 230,067230.1k $11.0m $11.0m 0.83% Reduced -402 -402
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 191,204191.2k $9.1m $9.1m 0.00% Reduced -30.1k -30,125
23 First International Bank & Trust 3.54% of their portfolio WATFORD CITY, ND 189,375189.4k $9.1m $9.1m 3.54% Added +6.5k +6,504
24 Money Design Co.,Ltd. 0.51% of their portfolio TOKYO, M0 188,756188.8k $9.0m $9.0m 0.51% Reduced -5.3k -5,263
25 Graypoint LLC 0.67% of their portfolio Albany, NY 172,767172.8k $8.3m $8.3m 0.67% Added +12.4k +12,384
26 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 164,012164.0k $7.8m $7.8m 0.03% Added +5.2k +5,171
27 Harel Insurance Investments & Financial Services Ltd. 0.14% of their portfolio Ramat Gan, L3 163,830163.8k $7.8m $7.8m 0.14% Reduced -19 -19
28 Private Wealth Advisors, LLC 3.09% of their portfolio Fresno, CA 149,885149.9k $7.2m $7.2m 3.09% Reduced -4.4k -4,373
29 Del-Sette Capital Management, LLC 6.25% of their portfolio SCHENECTADY, NY 148,734148.7k $7.1m $7.1m 6.25% Added +4.5k +4,459
30 GFS Advisors, LLC 1.03% of their portfolio HOUSTON, TX 147,648147.6k $7.1m $7.1m 1.03% Unchanged
31 Banco Santander, S.A. 0.08% of their portfolio Madrid, U3 140,270140.3k $6.7m $6.7m 0.08% Reduced -28.9k -28,888
32 Vontobel Holding Ltd. 0.05% of their portfolio ZURICH, V8 132,553132.6k $6.3m $6.3m 0.05% Reduced -9.5k -9,464
33 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 129,372129.4k $6.2m $6.2m 0.01% Reduced -222.7k -222,651
34 Good Life Advisors, LLC 0.61% of their portfolio READING, PA 128,304128.3k $6.1m $6.1m 0.61% Added +343 +343
35 Envestnet Portfolio Solutions, Inc. 0.03% of their portfolio BERWYN, PA 126,162126.2k $6.0m $6.0m 0.03% Reduced -2.8k -2,786
36 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 117,619117.6k $5.6m $5.6m 0.01% Reduced -1.9k -1,923
37 Allie Family Office LLC 3.47% of their portfolio MIAMI, FL 105,055105.1k $5.0m $5.0m 3.47% Added +5.8k +5,850
38 Geneos Wealth Management Inc. 0.23% of their portfolio ENGLEWOOD, CO 99,38999.4k $4.8m $4.8m 0.23% Added +1.1k +1,142
39 ASHFORD CAPITAL MANAGEMENT INC 0.60% of their portfolio WILMINGTON, DE 93,93493.9k $4.5m $4.5m 0.60% Reduced -255 -255
40 RETIREMENT GUYS FORMULA LLC 2.32% of their portfolio MAUMEE, OH 90,33190.3k $4.3m $4.3m 2.32% New
41 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 88,79288.8k $4.2m $4.2m 0.02% Added +6.3k +6,345
42 DORCHESTER WEALTH MANAGEMENT Co 0.74% of their portfolio MONTREAL, A8 83,75583.8k $4.0m $4.0m 0.74% Reduced -2.9k -2,905
43 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 83,33783.3k $4.0m $4.0m 0.00% Reduced -23.5k -23,507
44 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 83,27683.3k $4.0m $4.0m 0.03% Reduced -31.9k -31,864
45 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 73,39473.4k $3.5m $3.5m 0.01% Reduced -49.3k -49,322
46 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 69,65069.7k $3.3m $3.3m 0.00% Reduced -1.0k -1,000
47 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 69,25169.3k $3.3m $3.3m 0.00% Added +12.3k +12,325
48 Concentrum Wealth Management 1.64% of their portfolio SAN JOSE, CA 65,84665.8k $3.1m $3.1m 1.64% Reduced -3.9k -3,886
49 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 65,08165.1k $3.1m $3.1m 0.00% New
50 MMBG INVESTMENT ADVISORS CO. 0.35% of their portfolio MIAMI, FL 62,12062.1k $3.0m $3.0m 0.35% Reduced -505 -505
51 LFA - Lugano Financial Advisors SA 2.32% of their portfolio LUGANO, V8 61,72961.7k $3.0m $3.0m 2.32% Reduced -3.0k -2,997
52 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 58,86758.9k $2.8m $2.8m 0.00% Reduced -5.9m -5,888,819
53 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 57,52557.5k $2.8m $2.8m 0.00% Reduced -19.4k -19,414
54 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 57,46157.5k $2.7m $2.7m 0.01% Reduced -9.5k -9,451
55 Anfield Capital Management, LLC 1.39% of their portfolio IRVINE, CA 54,12554.1k $2.6m $2.6m 1.39% Reduced -1.7k -1,727
56 GSA CAPITAL PARTNERS LLP 0.21% of their portfolio LONDON, X0 52,65252.7k $2.5m $2.5m 0.21% Added +42.6k +42,552
57 Sigma Planning Corp 0.20% of their portfolio ANN ARBOR, MI 52,14652.1k $2.5m $2.5m 0.20% Reduced -50.2k -50,162
58 RITHOLTZ WEALTH MANAGEMENT 0.10% of their portfolio NEW YORK, NY 51,45151.5k $2.5m $2.5m 0.10% Unchanged
59 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 51,35851.4k $2.5m $2.5m 0.00% Added +19.1k +19,149
60 Piedmont Capital Management, LLC 1.78% of their portfolio WHITEFISH, MT 51,12951.1k $2.4m $2.4m 1.78% Added +468 +468
61 VONTOBEL ASSET MANAGEMENT INC 0.01% of their portfolio NEW YORK, NY 48,60048.6k $2.3m $2.3m 0.01% Reduced -6.5k -6,500
62 Maven Securities LTD 0.26% of their portfolio ST HELIER, Y9 47,47847.5k $2.3m $2.3m 0.26% Added +22.3k +22,260
63 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 44,05944.1k $2.1m $2.1m 0.00% Reduced -872.7k -872,681
64 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 41,83341.8k $2.0m $2.0m 0.00% Added +29.1k +29,112
65 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 41,81341.8k $2.0m $2.0m 0.00% Added +3.3k +3,325
66 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 40,57740.6k $1.9m $1.9m 0.00% Reduced -32.9k -32,903
67 Upper Left Wealth Management, LLC 1.86% of their portfolio TAMPA, FL 39,76039.8k $1.9m $1.9m 1.86% Added +961 +961
68 SIMPLEX TRADING, LLC 0.06% of their portfolio CHICAGO, IL 38,37338.4k $1.8m $1.8m 0.06% New
69 BANK OF NOVA SCOTIA 0.00% of their portfolio TORONTO, A6 37,06037.1k $1.8m $1.8m 0.00% Added +10.2k +10,163
70 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 36,10136.1k $1.7m $1.7m 0.00% Reduced -47.8k -47,782
71 Circle Wealth Management, LLC 0.04% of their portfolio SUMMIT, NJ 36,04536.0k $1.7m $1.7m 0.04% Added +29.1k +29,126
72 Prospera Financial Services Inc 0.05% of their portfolio Dallas, TX 34,09134.1k $1.6m $1.6m 0.05% Reduced -34.9k -34,861
73 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 33,30033.3k $1.6m $1.6m 0.00% New
74 Retirement Planning Group, LLC 0.14% of their portfolio LEAWOOD, KS 31,97432.0k $1.5m $1.5m 0.14% Unchanged
75 Black Maple Capital Management LP 1.40% of their portfolio MILWAUKEE, WI 31,80031.8k $1.5m $1.5m 1.40% New
76 Millington Financial Advisors, LLC 1.18% of their portfolio NAPERVILLE, IL 30,93330.9k $1.5m $1.5m 1.18% Added +3.2k +3,241
77 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 29,96730.0k $1.4m $1.4m 0.00% Reduced -2.1k -2,061
78 Koshinski Asset Management, Inc. 0.21% of their portfolio DECATUR, IL 29,25029.2k $1.4m $1.4m 0.21% Added +11.1k +11,074
79 Rathbones Group PLC 0.01% of their portfolio Liverpool, X0 28,65028.6k $1.4m $1.4m 0.01% Unchanged
80 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 27,40027.4k $1.3m $1.3m 0.00% New
81 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 26,96727.0k $1.3m $1.3m 0.00% Added +8.4k +8,428
82 SILVER OAK SECURITIES, INCORPORATED 0.17% of their portfolio JACKSON, TN 26,90326.9k $1.3m $1.3m 0.17% New
83 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 26,56926.6k $1.3m $1.3m 0.00% Reduced -2.9k -2,946
84 HOLLENCREST CAPITAL MANAGEMENT 0.12% of their portfolio NEWPORT BEACH, CA 26,00026.0k $1.2m $1.2m 0.12% Unchanged
85 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 25,95626.0k $1.2m $1.2m 0.01% Added +1.4k +1,444
86 Family Asset Management, LLC 0.80% of their portfolio CHARLESTON, SC 25,05125.1k $1.2m $1.2m 0.80% Reduced -23.4k -23,377
87 CALTON & ASSOCIATES, INC. 0.47% of their portfolio Tampa, FL 24,67624.7k $1.2m $1.2m 0.47% New
88 WBH ADVISORY INC 0.13% of their portfolio BALTIMORE, MD 24,66624.7k $1.2m $1.2m 0.13% Reduced -8.4k -8,356
89 InterOcean Capital Group, LLC 0.03% of their portfolio NASHVILLE, TN 24,27124.3k $1.2m $1.2m 0.03% Reduced -17 -17
90 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 23,45223.5k $1.1m $1.1m 0.01% Reduced -2.5k -2,529
91 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 23,30023.3k $1.1m $1.1m 0.00% Reduced -17.5k -17,500
92 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 23,10823.1k $1.1m $1.1m 0.00% Added +2.1k +2,059
93 FLAGSHIP HARBOR ADVISORS, LLC 0.08% of their portfolio BOSTON, MA 22,02222.0k $1.1m $1.1m 0.08% Reduced -20.6k -20,635
94 BANQUE PICTET & CIE SA 0.01% of their portfolio GENEVA 73, V8 21,99622.0k $1.1m $1.1m 0.01% Added +2.9k +2,886
95 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 21,50721.5k $1.0m $1.0m 0.01% Reduced -458 -458
96 Gold Investment Management Ltd. 0.43% of their portfolio EDMONTON, A0 21,07321.1k $1.0m $1.0m 0.43% First filing
97 OLD MISSION CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 20,90120.9k $999.3k $999.3k 0.03% Reduced -497.3k -497,304
98 Cetera Advisors LLC 0.01% of their portfolio DENVER, CO 18,69518.7k $893.8k $893.8k 0.01% Reduced -1.3k -1,347
99 CAPITAL FUND MANAGEMENT S.A. 0.01% of their portfolio PARIS, I0 17,77317.8k $849.7k $849.7k 0.01% New
100 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 17,53117.5k $838.2k $838.2k 0.00% Reduced -1.5k -1,546