Vault-13

SPDR INDEX SHS FDS EWX

S&P EMKTSC ETF · ETP · CUSIP 78463X756

195 institutional holders +24 vs Q3 2025
8,000,6268.0m shares reported held*
$525.4mreported value*
21 new 67 added 52 reduced 7 sold out net bought ≈ $16.3m (+247.8k 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 ($788 this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $65.68.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 123Q4 22: 137Q1 23: 131Q2 23: 136Q3 23: 141Q4 23: 154Q1 24: 164Q2 24: 164Q3 24: 174Q4 24: 174Q1 25: 162Q2 25: 166Q3 25: 171Q4 25: 195195Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022123
Q4 2022137
Q1 2023131
Q2 2023136
Q3 2023141
Q4 2023154
Q1 2024164
Q2 2024164
Q3 2024174
Q4 2024174
Q1 2025162
Q2 2025166
Q3 2025171
Q4 2025195

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 24: 87 bought or addedQ1 24: 62 cut or sold outQ2 24: 69 bought or addedQ2 24: 72 cut or sold outQ2 24Q3 24: 63 bought or addedQ3 24: 69 cut or sold outQ4 24: 75 bought or addedQ4 24: 68 cut or sold outQ4 24Q1 25: 60 bought or addedQ1 25: 67 cut or sold outQ2 25: 68 bought or addedQ2 25: 63 cut or sold outQ2 25Q3 25: 63 bought or addedQ3 25: 65 cut or sold outQ4 25: 88 bought or addedQ4 25: 59 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20248762
Q2 20246972
Q3 20246369
Q4 20247568
Q1 20256067
Q2 20256863
Q3 20256365
Q4 20258859

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ1 25 calls: $0Q1 25 puts: $22.7kQ1 25P/C —Q2 25 calls: $285.3kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —
Numbers
QuarterCallsPutsP/C
Q1 2025$0$22.7k—
Q2 2025$285.3k$00.00
Q3 2025$0$0—
Q4 2025$0$0—

Biggest buyers

ASSETMARK, INC Added +449,618+449.6k
rebel Financial LLC Added +59,634+59.6k
BlackRock, Inc. Added +42,840+42.8k
NTV Asset Management LLC New +32,650+32.6k
Focus Partners Advisor Solutions, LLC New +30,119+30.1k
Brady Martz Wealth Solutions, LLC New +29,406+29.4k
N.E.W. Advisory Services LLC Added +21,967+22.0k
ENVESTNET ASSET MANAGEMENT INC Added +16,554+16.6k
Quantinno Capital Management LP Added +15,283+15.3k
Balefire, LLC New +13,276+13.3k

Biggest sellers

OLD MISSION CAPITAL LLC Reduced -139,214-139.2k
Creative Planning Reduced -73,719-73.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -73,133-73.1k
Cyr Financial Inc. Reduced -67,224-67.2k
Bogart Wealth, LLC Sold out -60,118-60.1k
3EDGE Asset Management, LP Reduced -38,918-38.9k
CITADEL ADVISORS LLC Sold out -37,223-37.2k
LPL Financial LLC Reduced -23,922-23.9k
JPMORGAN CHASE & CO Reduced -20,664-20.7k
BANK OF AMERICA CORP /DE/ Reduced -18,199-18.2k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Creative Planning 0.09% of their portfolio OVERLAND PARK, KS 1,849,4171.8m $121.4m $121.4m 0.09% Reduced -73.7k -73,719
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 725,611725.6k $47.6m $47.6m 0.00% Reduced -18.2k -18,199
3 WADDELL & ASSOCIATES, LLC 2.87% of their portfolio MEMPHIS, TN 647,449647.4k $42.5m $42.5m 2.87% Added +398 +398
4 ASSETMARK, INC 0.06% of their portfolio CONCORD, CA 449,638449.6k $29.5m $29.5m 0.06% Added +449.6k +449,618
5 Mariner, LLC 0.02% of their portfolio Overland Park, KS 306,107306.1k $20.1m $20.1m 0.02% Added +2.8k +2,843
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 281,308281.3k $18.5m $18.5m 0.00% Added +10.5k +10,539
7 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 226,279226.3k $14.9m $14.9m 0.00% Added +8.6k +8,581
8 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 201,167201.2k $13.2m $13.2m 0.00% Reduced -23.9k -23,922
9 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.22% of their portfolio Seattle, WA 183,078183.1k $12.0m $12.0m 0.22% Reduced -12.6k -12,580
10 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 164,766164.8k $10.8m $10.8m 0.01% Unchanged
11 Apella Capital, LLC 0.16% of their portfolio WEST HARTFORD, CT 122,591122.6k $8.0m $8.0m 0.16% Added +8.1k +8,065
12 Pure Financial Advisors, LLC 0.11% of their portfolio SAN DIEGO, CA 111,213111.2k $7.3m $7.3m 0.11% Added +204 +204
13 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 106,425106.4k $7.0m $7.0m 0.00% Added +283 +283
14 N.E.W. Advisory Services LLC 0.49% of their portfolio DE PERE, WI 101,034101.0k $6.6m $6.6m 0.49% Added +22.0k +21,967
15 BIP Wealth, LLC 0.22% of their portfolio ATLANTA, GA 95,60295.6k $6.3m $6.3m 0.22% Reduced -3.7k -3,669
16 Transamerica Financial Advisors, LLC 0.46% of their portfolio CEDAR RAPIDS, IA 83,94283.9k $5.5m $5.5m 0.46% Reduced -7.5k -7,528
17 Welch Financial Planning, LLC 3.93% of their portfolio BOULDER, CO 82,13582.1k $5.4m $5.4m 3.93% First filing
18 3EDGE Asset Management, LP 0.25% of their portfolio Naples, FL 72,83572.8k $4.8m $4.8m 0.25% Reduced -38.9k -38,918
19 WESCAP Management Group, Inc. 0.93% of their portfolio Glendale, CA 69,53769.5k $4.6m $4.6m 0.93% Reduced -829 -829
20 Checchi Capital Advisers, LLC 0.28% of their portfolio BEVERLY HILLS, CA 62,08362.1k $4.1m $4.1m 0.28% Added +4.9k +4,870
21 Tortoise Investment Management, LLC 0.36% of their portfolio WHITE PLAINS, NY 61,67861.7k $4.0m $4.0m 0.36% Reduced -885 -885
22 Johnson Financial Group, LLC 0.25% of their portfolio Denver, CO 60,96461.0k $4.0m $4.0m 0.25% Added +12.5k +12,542
23 rebel Financial LLC 1.67% of their portfolio GROVEPORT, OH 59,63459.6k $3.9m $3.9m 1.67% Added +59.6k +59,634
24 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 55,35455.4k $3.6m $3.6m 0.00% Added +16.6k +16,554
25 Risk Paradigm Group, LLC 3.42% of their portfolio BURLINGTON, MA 54,19254.2k $3.6m $3.6m 3.42% First filing
26 RPg Family Wealth Advisory, LLC 0.76% of their portfolio BURLINGTON, MA 52,43552.4k $3.4m $3.4m 0.76% Reduced -689 -689
27 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 50,63450.6k $3.3m $3.3m 0.01% Added +4.6k +4,600
28 Beacon Pointe Advisors, LLC 0.02% of their portfolio NEWPORT BEACH, CA 48,56148.6k $3.2m $3.2m 0.02% Added +8.3k +8,348
29 BlackRock, Inc. 0.00% of their portfolio New York, NY 48,53948.5k $3.2m $3.2m 0.00% Added +42.8k +42,840
30 VISTA INVESTMENT MANAGEMENT 1.00% of their portfolio PITTSBURGH, PA 45,94445.9k $3.0m $3.0m 1.00% Added +5.5k +5,493
31 Sepio Capital, LP 0.16% of their portfolio Salt Lake City, UT 44,12844.1k $2.9m $2.9m 0.16% Added +1.6k +1,614
32 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 43,98644.0k $2.9m $2.9m 0.02% Added +415 +415
33 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 43,33843.3k $2.8m $2.8m 0.00% Added +7.2k +7,183
34 Texas Yale Capital Corp. 0.09% of their portfolio ST. PETERSBURG, FL 43,25643.3k $2.8m $2.8m 0.09% Added +5.1k +5,054
35 MARTIN & CO INC /TN/ 0.46% of their portfolio Knoxville, TN 40,91640.9k $2.7m $2.7m 0.46% Added +756 +756
36 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 40,02740.0k $2.6m $2.6m 0.00% Added +5.7k +5,743
37 Financial Strategies Group, Inc. 0.47% of their portfolio OKEMOS, MI 39,11639.1k $2.6m $2.6m 0.47% Added +1.8k +1,780
38 Merit Financial Group, LLC 0.02% of their portfolio ALPHARETTA, GA 36,13336.1k $2.4m $2.4m 0.02% Reduced -2.9k -2,887
39 Cascade Financial Partners, LLC 0.22% of their portfolio SAN DIEGO, CA 33,43733.4k $2.2m $2.2m 0.22% Reduced -18 -18
40 MUSTICO FINANCIAL GROUP, INC. 1.73% of their portfolio ELMIRA, NY 33,43533.4k $2.2m $2.2m 1.73% Added +2.0k +1,982
41 NTV Asset Management LLC 0.23% of their portfolio Charleston, WV 32,65032.6k $2.1m $2.1m 0.23% New
42 CABOT WEALTH MANAGEMENT INC 0.23% of their portfolio BEVERLY, MA 32,33732.3k $2.1m $2.1m 0.23% Added +4.0k +3,950
43 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 31,63131.6k $2.1m $2.1m 0.01% Added +10.3k +10,326
44 CarsonAllaria Wealth Management, Ltd. 1.02% of their portfolio GLEN CARBON, IL 31,30831.3k $2.1m $2.1m 1.02% Added +374 +374
45 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 30,19930.2k $2.0m $2.0m 0.00% Reduced -3.3k -3,341
46 Focus Partners Advisor Solutions, LLC 0.02% of their portfolio SAINT LOUIS, MO 30,11930.1k $2.0m $2.0m 0.02% New
47 OneDigital Investment Advisors LLC 0.02% of their portfolio OVERLAND PARK, KS 29,46429.5k $1.9m $1.9m 0.02% Reduced -803 -803
48 Brady Martz Wealth Solutions, LLC 0.34% of their portfolio GRAND FORKS, ND 29,40629.4k $1.9m $1.9m 0.34% New
49 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 28,29328.3k $1.9m $1.9m 0.00% Added +15.3k +15,283
50 Regal Investment Advisors LLC 0.10% of their portfolio KENTWOOD, MI 25,74125.7k $1.7m $1.7m 0.10% Added +286 +286
51 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 25,13025.1k $1.6m $1.6m 0.02% Reduced -767 -767
52 UBS Group AG 0.00% of their portfolio ZURICH, V8 24,18024.2k $1.6m $1.6m 0.00% Reduced -494 -494
53 MARYLAND CAPITAL ADVISORS INC. 0.54% of their portfolio CHESTER, MD 24,14124.1k $1.6m $1.6m 0.54% Added +110 +110
54 Bluespring Wealth Management, LLC 0.14% of their portfolio AUSTIN, TX 23,95624.0k $1.6m $1.6m 0.14% Added +468 +468
55 Legacy Wealth Partners, LLC 0.37% of their portfolio Lakewood, CO 21,56621.6k $1.4m $1.4m 0.37% First filing
56 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 20,98221.0k $1.4m $1.4m 0.00% Reduced -20.7k -20,664
57 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 19,93319.9k $1.3m $1.3m 0.00% Reduced -1.4k -1,440
58 Michels Family Financial, LLC 0.92% of their portfolio FORT WORTH, TX 19,13719.1k $1.3m $1.3m 0.92% Added +945 +945
59 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 17,71617.7k $1.2m $1.2m 0.00% Reduced -1.7k -1,719
60 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 16,57916.6k $1.1m $1.1m 0.00% Reduced -2.6k -2,629
61 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 16,33316.3k $1.1m $1.1m 0.02% Reduced -842 -842
62 SMITH, MOORE & CO. 0.08% of their portfolio CLAYTON, MO 16,32316.3k $1.1m $1.1m 0.08% Added +310 +310
63 Greenspring Advisors, LLC 0.06% of their portfolio Towson, MD 14,65814.7k $962.4k $962.4k 0.06% Added +10.7k +10,690
64 Spire Wealth Management 0.03% of their portfolio MCLEAN, VA 14,20514.2k $932.7k $932.7k 0.03% Added +261 +261
65 Jacobs Equity LLC 0.85% of their portfolio DRAPER, UT 13,40713.4k $880.3k $880.3k 0.85% First filing
66 Balefire, LLC 0.17% of their portfolio DALLAS, TX 13,27613.3k $871.7k $871.7k 0.17% New
67 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 13,25913.3k $870.5k $870.5k 0.00% Reduced -11.2k -11,158
68 Essex Financial Services, Inc. 0.05% of their portfolio ESSEX, CT 13,23013.2k $868.6k $868.6k 0.05% Unchanged
69 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 13,13213.1k $862.2k $862.2k 0.00% Added +9.4k +9,440
70 Cassaday & Co Wealth Management LLC 0.02% of their portfolio MCLEAN, VA 12,69512.7k $833.5k $833.5k 0.02% Added +15 +15
71 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 11,47011.5k $753.1k $753.1k 0.00% Added +3.4k +3,442
72 Cyr Financial Inc. 0.46% of their portfolio HENNEPIN, IL 11,30211.3k $742.1k $742.1k 0.46% Reduced -67.2k -67,224
73 Powerhouse Assets LLC 0.65% of their portfolio LINCOLN, MA 11,26811.3k $739.8k $739.8k 0.65% First filing
74 HANCOCK WHITNEY CORP 0.01% of their portfolio GULFPORT, MS 11,15211.2k $732.2k $732.2k 0.01% Reduced -908 -908
75 Camelot Portfolios, LLC 0.44% of their portfolio Maumee, OH 10,72710.7k $704.3k $704.3k 0.44% Reduced -2.5k -2,541
76 Rockingstone Advisors LLC 0.31% of their portfolio GREAT BARRINGTON, MA 10,46410.5k $687.0k $687.0k 0.31% Added +380 +380
77 Capital Developers, LLC 0.60% of their portfolio Greenville, NC 10,22310.2k $671.2k $671.2k 0.60% First filing
78 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 10,11710.1k $664.0k $664.0k 0.00% Reduced -20 -20
79 Alesco Advisors, LLC, An ESL Co 0.02% of their portfolio Pittsford, NY 10,07810.1k $661.7k $661.7k 0.02% Reduced -1.4k -1,373
80 Omega Financial Group, LLC 0.22% of their portfolio Santa Barbara, CA 9,95410.0k $653.5k $653.5k 0.22% Reduced -271 -271
81 Geneos Wealth Management Inc. 0.02% of their portfolio ENGLEWOOD, CO 9,5759.6k $628.7k $628.7k 0.02% Added +1.5k +1,540
82 Compound Planning, Inc. 0.02% of their portfolio NEW YORK, NY 9,4619.5k $621.2k $621.2k 0.02% Reduced -187 -187
83 OLD MISSION CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 9,1629.2k $601.5k $601.5k 0.02% Reduced -139.2k -139,214
84 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 9,0899.1k $596.7k $596.7k 0.01% Reduced -906 -906
85 Perigon Wealth Management, LLC 0.01% of their portfolio SAN FRANCISCO, CA 8,8758.9k $582.7k $582.7k 0.01% Added +556 +556
86 Algorithmic Investment Models, LLC 0.72% of their portfolio Boston, MA 8,8458.8k $580.7k $580.7k 0.72% New
87 HighRoad Wealth Advisors, LLC 0.55% of their portfolio COOS BAY, OR 8,7508.8k $574.5k $574.5k 0.55% First filing
88 COMERICA BANK 0.00% of their portfolio DALLAS, TX 8,3488.3k $548.1k $548.1k 0.00% Added +954 +954
89 Index Fund Advisors, Inc. 0.03% of their portfolio IRVINE, CA 8,2028.2k $538.5k $538.5k 0.03% Reduced -176 -176
90 WHITE PINE CAPITAL LLC 0.13% of their portfolio BLOOMINGTON, MN 7,4007.4k $485.9k $485.9k 0.13% Unchanged
91 Summit Trail Advisors, LLC 0.01% of their portfolio NEW YORK, NY 7,3077.3k $479.8k $479.8k 0.01% Reduced -4.1k -4,075
92 Bright Futures Wealth Management, LLC. 0.35% of their portfolio WEBSTER, NY 14580, NY 7,1097.1k $466.8k $466.8k 0.35% Added +210 +210
93 180 WEALTH ADVISORS, LLC 0.05% of their portfolio FEDERAL WAY, WA 7,0607.1k $463.5k $463.5k 0.05% Reduced -20 -20
94 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 6,6466.6k $436.4k $436.4k 0.00% Added +20 +20
95 VestGen Investment Management 0.24% of their portfolio EGG HARBOR TOWNSHIP, NJ 6,6406.6k $436.0k $436.0k 0.24% New
96 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 6,4436.4k $423.0k $423.0k 0.00% New
97 Shore Point Advisors, LLC 0.18% of their portfolio BRIELLE, NJ 6,3626.4k $417.8k $417.8k 0.18% Added +195 +195
98 OPTIMA CAPITAL LLC 0.18% of their portfolio PORTLAND, OR 6,2706.3k $411.7k $411.7k 0.18% Reduced -7.6k -7,589
99 Destiny Wealth Partners, LLC 0.05% of their portfolio TAVARES, FL 6,2696.3k $430.6k $430.6k 0.05% New
100 Addison Advisors LLC 0.09% of their portfolio MIDDLEBURY, VT 6,0706.1k $398.5k $398.5k 0.09% Reduced -40 -40