Vault-13

SPDR INDEX SHS FDS FEZ

EURO STOXX 50 · ETP · CUSIP 78463X202

313 institutional holders +68 vs Q4 2024
47,553,91747.6m shares reported held*
$2.6bnreported value*
89 new 105 added 60 reduced 22 sold out net bought ≈ $548.1m (+10.1m 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 ($5.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $54.40. Options: 17 managers hold calls ($184.6m notional), 22 hold puts ($669.8m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 164Q4 22: 188Q1 23: 220Q2 23: 226Q3 23: 214Q4 23: 222Q1 24: 234Q2 24: 254Q3 24: 243Q4 24: 245Q1 25: 313313Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022164
Q4 2022188
Q1 2023220
Q2 2023226
Q3 2023214
Q4 2023222
Q1 2024234
Q2 2024254
Q3 2024243
Q4 2024245
Q1 2025313

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 112 bought or addedQ2 23: 96 cut or sold outQ3 23: 97 bought or addedQ3 23: 115 cut or sold outQ3 23Q4 23: 84 bought or addedQ4 23: 112 cut or sold outQ1 24: 102 bought or addedQ1 24: 94 cut or sold outQ1 24Q2 24: 123 bought or addedQ2 24: 88 cut or sold outQ3 24: 99 bought or addedQ3 24: 112 cut or sold outQ3 24Q4 24: 96 bought or addedQ4 24: 110 cut or sold outQ1 25: 194 bought or addedQ1 25: 82 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 202311296
Q3 202397115
Q4 202384112
Q1 202410294
Q2 202412388
Q3 202499112
Q4 202496110
Q1 202519482

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bnQ2 24 calls: $94.1mQ2 24 puts: $157.2mQ2 24P/C 1.67Q3 24 calls: $75.3mQ3 24 puts: $145.3mQ3 24P/C 1.93Q4 24 calls: $179.5mQ4 24 puts: $1.1bnQ4 24P/C 6.39Q1 25 calls: $184.6mQ1 25 puts: $669.8mQ1 25P/C 3.63
Numbers
QuarterCallsPutsP/C
Q2 2024$94.1m$157.2m1.67
Q3 2024$75.3m$145.3m1.93
Q4 2024$179.5m$1.1bn6.39
Q1 2025$184.6m$669.8m3.63

Biggest buyers

JPMORGAN CHASE & CO Added +1,907,414+1.9m
MAINSTAY CAPITAL MANAGEMENT LLC /ADV New +1,207,702+1.2m
JANE STREET GROUP, LLC Added +1,153,443+1.2m
SCHRODER INVESTMENT MANAGEMENT GROUP Added +943,899+943.9k
PRUDENTIAL PLC Added +849,870+849.9k
OLD MISSION CAPITAL LLC New +585,390+585.4k
Allianz Asset Management GmbH New +436,200+436.2k
Brookstone Capital Management New +418,436+418.4k
AMERIPRISE FINANCIAL INC Added +366,280+366.3k
ROYAL BANK OF CANADA Added +356,492+356.5k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -925,393-925.4k
Cullen Capital Management, LLC Reduced -331,697-331.7k
UBS Group AG Reduced -241,027-241.0k
GOLDMAN SACHS GROUP INC Reduced -220,419-220.4k
Vestmark Advisory Solutions, Inc. Sold out -171,278-171.3k
D. E. Shaw & Co., Inc. Sold out -147,589-147.6k
GFS Advisors, LLC Sold out -145,720-145.7k
SUMITOMO LIFE INSURANCE CO Reduced -133,600-133.6k
ALLIANCEBERNSTEIN L.P. Reduced -120,128-120.1k
Optiver Holding B.V. Reduced -110,775-110.8k

Biggest calls

Oribel Capital Management, LP New $33.9m623.6k shares
CITADEL ADVISORS LLC Added $28.7m527.2k shares
MILLENNIUM MANAGEMENT LLC Added $28.4m521.7k shares
JANE STREET GROUP, LLC Added $16.4m300.5k shares
MARSHALL WACE, LLP Added $15.7m287.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $15.2m279.1k shares
Optiver Holding B.V. Reduced $13.2m241.8k shares
GARDA CAPITAL PARTNERS LP New $11.9m218.2k shares
BOOTHBAY FUND MANAGEMENT, LLC New $6.4m117.6k shares
IMC-Chicago, LLC Added $4.9m89.2k shares

Biggest puts

CITADEL ADVISORS LLC Added $160.1m2.9m shares
UBS Group AG Reduced $141.4m2.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $86.3m1.6m shares
BW Gestao de Investimentos Ltda. New $81.6m1.5m shares
JANE STREET GROUP, LLC Reduced $69.2m1.3m shares
Oribel Capital Management, LP New $27.3m502.2k shares
WOLVERINE TRADING, LLC Added $13.6m247.9k shares
MARSHALL WACE, LLP Added $12.9m236.8k shares
Private Wealth Advisors, LLC New $12.5m230.5k shares
BNP PARIBAS FINANCIAL MARKETS First filing $11.4m2.1k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.06% of their portfolio NEW YORK, NY 13,801,16013.8m $750.9m $750.9m 0.06% Added +1.9m +1,907,414
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,183,4213.2m $173.2m $173.2m 0.01% Added +301.9k +301,946
3 JANE STREET GROUP, LLC 0.25% of their portfolio NEW YORK, NY 2,567,4252.6m $139.7m $139.7m 0.25% Added +1.2m +1,153,443
4 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 2,567,0922.6m $139.7m $139.7m 0.03% Reduced -220.4k -220,419
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,122,3362.1m $115.5m $115.5m 0.01% Reduced -925.4k -925,393
6 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,908,2851.9m $103.8m $103.8m 0.02% Reduced -241.0k -241,027
7 MAINSTAY CAPITAL MANAGEMENT LLC /ADV 9.01% of their portfolio GRAND BLANC, MI 1,207,7021.2m $65.7m $65.7m 9.01% New
8 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,152,2231.2m $62.7m $62.7m 0.02% Added +278.0k +277,970
9 SCHRODER INVESTMENT MANAGEMENT GROUP 0.06% of their portfolio London, X0 995,095995.1k $54.7m $54.7m 0.06% Added +943.9k +943,899
10 FLOW TRADERS U.S. LLC 2.17% of their portfolio NEW YORK, NY 946,630946.6k $51.5m $51.5m 2.17% Added +81.5k +81,469
11 PRUDENTIAL PLC 0.24% of their portfolio LONDON, X0 888,164888.2k $48.3m $48.3m 0.24% Added +849.9k +849,870
12 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 783,580783.6k $42.6m $42.6m 0.02% Reduced -7.5k -7,483
13 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 727,484727.5k $39.6m $39.6m 0.03% Added +100.4k +100,371
14 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 712,767712.8k $38.8m $38.8m 0.01% Reduced -120.1k -120,128
15 SOUTHERN FARM BUREAU LIFE INSURANCE 5.57% of their portfolio JACKSON, MS 702,100702.1k $38.0m $38.0m 5.57% Added +88.6k +88,620
16 OLD MISSION CAPITAL LLC 0.62% of their portfolio CHICAGO, IL 585,390585.4k $31.9m $31.9m 0.62% New
17 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 547,050547.0k $29.8m $29.8m 0.01% Reduced -30.2k -30,160
18 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 455,320455.3k $24.8m $24.8m 0.01% Added +356.5k +356,492
19 Allianz Asset Management GmbH 0.03% of their portfolio MUNICH, 2M 436,200436.2k $23.7m $23.7m 0.03% New
20 Brookstone Capital Management 0.33% of their portfolio WHEATON, IL 418,436418.4k $22.8m $22.8m 0.33% New
21 PGIM Custom Harvest LLC 0.53% of their portfolio NEWARK, NJ 411,243411.2k $22.4m $22.4m 0.53% Reduced -18.2k -18,172
22 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 395,140395.1k $21.7m $21.7m 0.01% Added +366.3k +366,280
23 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 369,433369.4k $20.1m $20.1m 0.02% Added +341.7k +341,737
24 CIBC WORLD MARKET INC. 0.05% of their portfolio TORONTO, A6 367,344367.3k $20.0m $20.0m 0.05% Added +6.8k +6,757
25 Fisher Asset Management, LLC 0.01% of their portfolio PLANO, TX 351,630351.6k $19.1m $19.1m 0.01% Reduced -5.1k -5,122
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 337,693337.7k $18.4m $18.4m 0.03% Added +41.7k +41,705
27 Bensler, LLC 2.04% of their portfolio Bellevue, WA 298,956299.0k $16.3m $16.3m 2.04% New
28 SUMITOMO LIFE INSURANCE CO 0.48% of their portfolio TOKYO, M0 248,600248.6k $13.5m $13.5m 0.48% Reduced -133.6k -133,600
29 COURIER CAPITAL LLC 0.83% of their portfolio BUFFALO, NY 231,862231.9k $12.6m $12.6m 0.83% Added +3.6k +3,631
30 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 227,971228.0k $12.4m $12.4m 0.03% Added +28.4k +28,362
31 Money Design Co.,Ltd. 0.54% of their portfolio TOKYO, M0 198,626198.6k $10.8m $10.8m 0.54% Added +40.0k +39,963
32 Optiver Holding B.V. 0.38% of their portfolio AMSTERDAM, P7 181,918181.9k $9.9m $9.9m 0.38% Reduced -110.8k -110,775
33 SCOTIA CAPITAL INC. 0.05% of their portfolio TORONTO, A6 177,357177.4k $9.7m $9.7m 0.05% Added +172.7k +172,664
34 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 176,593176.6k $9.6m $9.6m 0.01% Added +5.3k +5,335
35 Harel Insurance Investments & Financial Services Ltd. 0.13% of their portfolio Ramat Gan, L3 175,678175.7k $9.6m $9.6m 0.13% Added +22.7k +22,700
36 Graypoint LLC 0.56% of their portfolio Albany, NY 165,515165.5k $9.0m $9.0m 0.56% Reduced -3.7k -3,720
37 Vontobel Holding Ltd. 0.03% of their portfolio ZURICH, V8 153,880153.9k $8.4m $8.4m 0.03% Reduced -188 -188
38 ASHFORD CAPITAL MANAGEMENT INC 1.02% of their portfolio WILMINGTON, DE 144,933144.9k $7.9m $7.9m 1.02% Added +32.7k +32,714
39 Waterloo Capital, L.P. 0.73% of their portfolio AUSTIN, TX 143,852143.9k $7.8m $7.8m 0.73% New
40 Good Life Advisors, LLC 0.55% of their portfolio READING, PA 142,883142.9k $7.8m $7.8m 0.55% Added +17.5k +17,491
41 Almanack Investment Partners, LLC. 1.48% of their portfolio WAYNE, PA 137,494137.5k $7.5m $7.5m 1.48% New
42 Financial Enhancement Group LLC 1.16% of their portfolio ANDERSON, IN 136,181136.2k $7.4m $7.4m 1.16% New
43 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 132,949132.9k $7.2m $7.2m 0.01% Added +79.6k +79,632
44 Allie Family Office LLC 3.89% of their portfolio MIAMI, FL 130,305130.3k $7.1m $7.1m 3.89% Added +2.2k +2,248
45 Envestnet Portfolio Solutions, Inc. 0.03% of their portfolio BERWYN, PA 128,380128.4k $7.0m $7.0m 0.03% Reduced -4.6k -4,572
46 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 124,780124.8k $6.8m $6.8m 0.00% Added +49.2k +49,162
47 NTV Asset Management LLC 0.87% of their portfolio Charleston, WV 119,811119.8k $6.5m $6.5m 0.87% New
48 Private Wealth Advisors, LLC 2.71% of their portfolio Fresno, CA 118,399118.4k $6.4m $6.4m 2.71% Reduced -34.8k -34,777
49 Spire Wealth Management 0.20% of their portfolio MCLEAN, VA 117,091117.1k $6.4m $6.4m 0.20% Added +116.1k +116,091
50 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 116,642116.6k $6.3m $6.3m 0.00% Added +59.4k +59,370
51 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 107,995108.0k $5.9m $5.9m 0.01% Added +55.2k +55,215
52 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 99,25099.2k $5.4m $5.4m 0.01% Added +54.2k +54,203
53 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 98,04398.0k $5.3m $5.3m 0.00% First filing
54 GROUP ONE TRADING LLC 0.22% of their portfolio CHICAGO, IL 95,35595.4k $5.2m $5.2m 0.22% Added +71.0k +71,012
55 Stratos Wealth Advisors, LLC 0.28% of their portfolio BEACHWOOD, OH 94,60294.6k $5.1m $5.1m 0.28% Added +4.7k +4,748
56 Norris Financial Group, LLC 2.35% of their portfolio GREENVILLE, SC 92,51792.5k $5.0m $5.0m 2.35% New
57 Jackson Wealth Management, LLC 0.61% of their portfolio LAKE MARY, FL 91,53391.5k $5.0m $5.0m 0.61% New
58 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.01% of their portfolio LOS ANGELES, CA 83,88683.9k $4.5m $4.5m 0.01% Added +18.6k +18,622
59 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 83,82683.8k $4.6m $4.6m 0.03% Added +855 +855
60 Migdal Insurance & Financial Holdings Ltd. 0.06% of their portfolio Petach Tikva, L3 81,24581.2k $4.4m $4.4m 0.06% Added +74.6k +74,622
61 Peregrine Asset Advisers, Inc. 1.64% of their portfolio Portland, OR 80,66080.7k $4.4m $4.4m 1.64% New
62 Amundi 0.00% of their portfolio Paris, I0 78,14878.1k $4.2m $4.2m 0.00% New
63 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 75,58475.6k $4.1m $4.1m 0.01% Added +54.1k +54,118
64 Del-Sette Capital Management, LLC 3.19% of their portfolio SCHENECTADY, NY 74,73374.7k $4.1m $4.1m 3.19% Reduced -3.4k -3,351
65 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 72,30072.3k $3.9m $3.9m 0.01% Added +29.2k +29,200
66 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 66,91066.9k $3.6m $3.6m 0.01% Added +25.5k +25,455
67 Climber Capital SA 2.07% of their portfolio NYON, V8 65,80265.8k $2.6m $2.6m 2.07% Added +365 +365
68 One Capital Management, LLC 0.12% of their portfolio WESTLAKE VILLAGE, CA 64,84764.8k $3.5m $3.5m 0.12% New
69 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 63,77763.8k $3.5m $3.5m 0.00% Added +6.7k +6,749
70 Koshinski Asset Management, Inc. 0.29% of their portfolio DECATUR, IL 63,36563.4k $3.4m $3.4m 0.29% Added +37.6k +37,596
71 Quantinno Capital Management LP 0.02% of their portfolio NEW YORK, NY 61,06761.1k $3.3m $3.3m 0.02% Added +24.8k +24,844
72 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 59,35059.4k $3.3m $3.3m 0.01% Added +29.5k +29,500
73 Phoenix Financial Ltd. 0.05% of their portfolio Givatayim, L3 58,26058.3k $3.2m $3.2m 0.05% Added +15.2k +15,180
74 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 58,13558.1k $3.2m $3.2m 0.01% Reduced -41.6k -41,576
75 Federation des caisses Desjardins du Quebec 0.01% of their portfolio LEVIS, A8 55,32355.3k $3.0m $3.0m 0.01% Added +43.2k +43,236
76 Empowered Funds, LLC 0.04% of their portfolio NEWTOWN SQUARE, PA 55,24355.2k $3.0m $3.0m 0.04% New
77 LEVEL FOUR ADVISORY SERVICES, LLC 0.12% of their portfolio DALLAS, TX 54,86454.9k $3.0m $3.0m 0.12% Added +15.2k +15,187
78 Summit Financial, LLC 0.08% of their portfolio PARSIPPANY, NJ 54,69854.7k $3.0m $3.0m 0.08% New
79 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 53,67053.7k $2.9m $2.9m 0.00% Reduced -8.3k -8,340
80 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 51,89951.9k $2.8m $2.8m 0.00% Reduced -6.5k -6,499
81 LFA - Lugano Financial Advisors SA 1.92% of their portfolio LUGANO, V8 51,80951.8k $2.8m $2.8m 1.92% Reduced -671 -671
82 Global Assets Advisory, LLC 0.49% of their portfolio ORLANDO, FL 50,31850.3k $2.6m $2.6m 0.49% Added +32.6k +32,614
83 MATAURO, LLC 0.55% of their portfolio NEW YORK, NY 49,59849.6k $2.7m $2.7m 0.55% New
84 Redhawk Wealth Advisors, Inc. 0.36% of their portfolio MINNEAPOLIS, MN 49,29249.3k $2.7m $2.7m 0.36% Reduced -957 -957
85 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 48,71248.7k $2.7m $2.7m 0.00% Added +25.5k +25,538
86 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 47,97048.0k $2.6m $2.6m 0.00% New
87 Upper Left Wealth Management, LLC 1.84% of their portfolio TAMPA, FL 47,07647.1k $2.6m $2.6m 1.84% Added +101 +101
88 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 46,56746.6k $2.5m $2.5m 0.02% Added +32.4k +32,389
89 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 44,31444.3k $2.4m $2.4m 0.00% Added +19.0k +19,008
90 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 43,06443.1k $2.3m $2.3m 0.01% Added +1.5k +1,528
91 RITHOLTZ WEALTH MANAGEMENT 0.07% of their portfolio NEW YORK, NY 42,27342.3k $2.3m $2.3m 0.07% Unchanged
92 FOREFRONT WEALTH MANAGEMENT INC. 2.11% of their portfolio MALVERN, PA 41,87341.9k $2.3m $2.3m 2.11% Added +268 +268
93 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 41,39741.4k $2.3m $2.3m 0.00% Added +2.4k +2,356
94 Ascentis Independent Advisors 0.44% of their portfolio DALLAS, TX 40,88240.9k $2.2m $2.2m 0.44% Added +16.3k +16,281
95 BANK OF NOVA SCOTIA 0.00% of their portfolio TORONTO, A6 40,48640.5k $2.2m $2.2m 0.00% Added +3.3k +3,280
96 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 39,43539.4k $2.1m $2.1m 0.00% Added +26.3k +26,336
97 SSA SWISS ADVISORS AG 1.08% of their portfolio ZURICH, V8 38,86838.9k $2.1m $2.1m 1.08% First filing
98 Concord Wealth Partners 0.34% of their portfolio ABINGDON, VA 38,57538.6k $2.1m $2.1m 0.34% Reduced -610 -610
99 Amitell Capital Pte Ltd 1.56% of their portfolio SINGAPORE, U0 37,13937.1k $2.0m $2.0m 1.56% New
100 Belpointe Asset Management LLC 0.11% of their portfolio RENO, NV 37,11537.1k $2.0m $2.0m 0.11% New