Vault-13

SPDR INDEX SHS FDS DWX

S&P INTL ETF · ETP · CUSIP 78463X772

140 institutional holders -2 vs Q3 2025
6,391,7276.4m shares reported held*
$280.9mreported value*
6 new 52 added 33 reduced 12 sold out net bought ≈ $6.7m (+151.6k 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 ($476.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $43.94.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 141Q4 22: 144Q1 23: 145Q2 23: 138Q3 23: 136Q4 23: 135Q1 24: 134Q2 24: 130Q3 24: 133Q4 24: 136Q1 25: 132Q2 25: 143Q3 25: 142Q4 25: 140140Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022141
Q4 2022144
Q1 2023145
Q2 2023138
Q3 2023136
Q4 2023135
Q1 2024134
Q2 2024130
Q3 2024133
Q4 2024136
Q1 2025132
Q2 2025143
Q3 2025142
Q4 2025140

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 24: 49 bought or addedQ1 24: 58 cut or sold outQ2 24: 37 bought or addedQ2 24: 61 cut or sold outQ2 24Q3 24: 41 bought or addedQ3 24: 61 cut or sold outQ4 24: 45 bought or addedQ4 24: 51 cut or sold outQ4 24Q1 25: 49 bought or addedQ1 25: 59 cut or sold outQ2 25: 61 bought or addedQ2 25: 54 cut or sold outQ2 25Q3 25: 63 bought or addedQ3 25: 44 cut or sold outQ4 25: 58 bought or addedQ4 25: 45 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20244958
Q2 20243761
Q3 20244161
Q4 20244551
Q1 20254959
Q2 20256154
Q3 20256344
Q4 20255845

Biggest buyers

Focus Partners Wealth New +148,923+148.9k
UBS Group AG Added +45,186+45.2k
Baker Avenue Asset Management, LP Added +17,635+17.6k
WELLS FARGO & COMPANY/MN Added +16,646+16.6k
Concord Wealth Partners Added +13,750+13.8k
Hyundai Investments Co., Ltd. New +12,227+12.2k
MORGAN STANLEY Added +11,451+11.5k
Concord Asset Management, LLC/VA Added +9,905+9.9k
NewEdge Advisors, LLC Added +9,606+9.6k
Columbia River Financial Group, LLC Added +8,408+8.4k

Biggest sellers

FDx Advisors, Inc. Sold out -35,248-35.2k
Cambridge Investment Research Advisors, Inc. Reduced -26,825-26.8k
NFSG Corp Sold out -19,915-19.9k
Compound Planning, Inc. Sold out -19,915-19.9k
JPMORGAN CHASE & CO Reduced -14,425-14.4k
Cetera Investment Advisers Reduced -11,688-11.7k
CITADEL ADVISORS LLC Sold out -10,394-10.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -9,447-9.4k
NorthCoast Asset Management LLC Sold out -9,193-9.2k
BANK OF AMERICA CORP /DE/ Reduced -7,314-7.3k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 850,303850.3k $37.4m $37.4m 0.00% Added +11.5k +11,451
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 711,035711.0k $31.2m $31.2m 0.00% Reduced -7.3k -7,314
3 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 635,342635.3k $27.9m $27.9m 0.01% Added +16.6k +16,646
4 UBS Group AG 0.00% of their portfolio ZURICH, V8 459,622459.6k $20.2m $20.2m 0.00% Added +45.2k +45,186
5 Columbia River Financial Group, LLC 7.58% of their portfolio VANCOUVER, WA 281,007281.0k $12.3m $12.3m 7.58% Added +8.4k +8,408
6 Baker Avenue Asset Management, LP 0.25% of their portfolio SAN FRANCISCO, CA 246,657246.7k $10.8m $10.8m 0.25% Added +17.6k +17,635
7 Concord Wealth Partners 1.41% of their portfolio ABINGDON, VA 246,368246.4k $10.8m $10.8m 1.41% Added +13.8k +13,750
8 Concord Asset Management, LLC/VA 1.79% of their portfolio ABINGDON, VA 235,513235.5k $10.3m $10.3m 1.79% Added +9.9k +9,905
9 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.17% of their portfolio Seattle, WA 216,919216.9k $9.5m $9.5m 0.17% Added +2.5k +2,512
10 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 191,947191.9k $8.4m $8.4m 0.00% Reduced -2.3k -2,298
11 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 158,708158.7k $7.0m $7.0m 0.00% Added +3.8k +3,779
12 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 148,923148.9k $6.5m $6.5m 0.01% New
13 Allen Capital Group, LLC 0.56% of their portfolio GRAND ISLAND, NE 139,185139.2k $6.1m $6.1m 0.56% Reduced -3.0k -2,983
14 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 118,870118.9k $5.2m $5.2m 0.00% Added +1.1k +1,082
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 103,803103.8k $4.6m $4.6m 0.00% Added +4.5k +4,503
16 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 98,68798.7k $4.3m $4.3m 0.00% Reduced -11.7k -11,688
17 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 93,84693.8k $4.1m $4.1m 0.01% Added +5.6k +5,551
18 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 83,96384.0k $3.7m $3.7m 0.01% Added +6.2k +6,243
19 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 71,76571.8k $3.2m $3.2m 0.00% Added +2.2k +2,220
20 Dorsey Wright & Associates 0.64% of their portfolio PASADENA, CA 67,75667.8k $3.0m $3.0m 0.64% Added +931 +931
21 Mount Lucas Management LP 1.27% of their portfolio Newtown, PA 65,41665.4k $2.9m $2.9m 1.27% Added +1.8k +1,817
22 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 57,36557.4k $2.5m $2.5m 0.00% Added +5.6k +5,554
23 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 49,11749.1k $2.2m $2.2m 0.00% Reduced -2.9k -2,891
24 Red Tortoise LLC 0.92% of their portfolio ATLANTA, GA 48,69848.7k $2.1m $2.1m 0.92% Added +726 +726
25 WealthShield Partners, LLC 0.23% of their portfolio CARY, NC 47,41547.4k $2.1m $2.1m 0.23% Added +584 +584
26 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 43,37443.4k $1.9m $1.9m 0.01% Added +3.7k +3,705
27 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 39,32639.3k $1.7m $1.7m 0.01% Added +467 +467
28 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 37,58937.6k $1.7m $1.7m 0.00% Added +1.9k +1,950
29 McAdam, LLC 0.07% of their portfolio Philadelphia, PA 32,90632.9k $1.4m $1.4m 0.07% Added +2.8k +2,838
30 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 31,86331.9k $1.4m $1.4m 0.00% Reduced -2.2k -2,162
31 Parallel Advisors, LLC 0.02% of their portfolio SAN FRANCISCO, CA 30,40330.4k $1.3m $1.3m 0.02% Reduced -3.7k -3,703
32 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 29,61429.6k $1.3m $1.3m 0.00% Reduced -626 -626
33 Heartwood Wealth Advisors LLC 0.10% of their portfolio RICHMOND, VA 24,90624.9k $1.1m $1.1m 0.10% Unchanged
34 Key Financial Inc 0.20% of their portfolio WEST CHESTER, PA 24,34824.3k $1.1m $1.1m 0.20% Reduced -92 -92
35 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 24,28524.3k $1.1m $1.1m 0.00% Reduced -237 -237
36 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 24,09624.1k $1.1m $1.1m 0.00% Reduced -26.8k -26,825
37 BRANDYWINE OAK PRIVATE WEALTH LLC 0.09% of their portfolio Kennett Square, PA 23,21023.2k $1.0m $1.0m 0.09% Unchanged
38 PARTNERS WEALTH MANAGEMENT, LLC 1.03% of their portfolio CARMEL BY THE SEA, CA 22,36622.4k $982.7k $982.7k 1.03% Reduced -153 -153
39 WINEBRENNER CAPITAL MANAGEMENT LLC 0.60% of their portfolio LOUISVILLE, KY 20,53520.5k $902.2k $902.2k 0.60% Unchanged
40 DUMONT & BLAKE INVESTMENT ADVISORS LLC 0.21% of their portfolio PRINCETON, NJ 19,97120.0k $877.0k $877.0k 0.21% Reduced -2.5k -2,521
41 Novak & Powell Financial Services, Inc. 0.46% of their portfolio ST. PETERSBURG, FL 19,90519.9k $874.5k $874.5k 0.46% Added +297 +297
42 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 18,65318.7k $819.5k $819.5k 0.00% Reduced -20 -20
43 HBK Sorce Advisory LLC 0.02% of their portfolio ERIE, PA 18,12218.1k $849.0k $849.0k 0.02% Unchanged
44 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 16,35116.4k $718.4k $718.4k 0.00% Added +9.6k +9,606
45 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 15,58115.6k $685.0k $685.0k 0.00% Added +1.2k +1,151
46 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 14,64514.6k $643.4k $643.4k 0.00% Added +2.0k +2,033
47 Manske Wealth Management 0.19% of their portfolio HOUSTON, TX 14,30914.3k $628.7k $628.7k 0.19% Reduced -467 -467
48 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 13,97714.0k $614.1k $614.1k 0.00% Reduced -14.4k -14,425
49 Fifth Third Securities, Inc. 0.04% of their portfolio Cincinnati, OH 13,90313.9k $610.8k $610.8k 0.04% Added +1.8k +1,818
50 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 13,37313.4k $587.5k $587.5k 0.00% Reduced -394 -394
51 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 12,66612.7k $556.5k $556.5k 0.00% Reduced -538 -538
52 VestGen Investment Management 0.30% of their portfolio EGG HARBOR TOWNSHIP, NJ 12,51512.5k $549.9k $549.9k 0.30% Added +65 +65
53 Hyundai Investments Co., Ltd. 0.53% of their portfolio YEONGDEUNGPO-GU, SEOUL, M5 12,22712.2k $539.3k $539.3k 0.53% New
54 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 12,12712.1k $532.8k $532.8k 0.00% Reduced -9.4k -9,447
55 Capital Analysts, LLC 0.01% of their portfolio FORT WASHINGTON, PA 11,66611.7k $512.0k $512.0k 0.01% Reduced -420 -420
56 Beverly Hills Private Wealth, LLC 0.08% of their portfolio BEVERLY HILLS, CA 11,08611.1k $487.0k $487.0k 0.08% Reduced -212 -212
57 Brown Miller Wealth Management, LLC 0.13% of their portfolio MCLEAN, VA 10,85010.8k $476.7k $476.7k 0.13% Unchanged
58 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 10,85010.8k $476.7k $476.7k 0.01% Unchanged
59 MONETA GROUP INVESTMENT ADVISORS LLC 0.00% of their portfolio ST LOUIS, MO 10,80310.8k $474.6k $474.6k 0.00% Unchanged
60 Curbstone Financial Management Corp 0.09% of their portfolio MANCHESTER, NH 10,70810.7k $470.5k $470.5k 0.09% Added +100 +100
61 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 10,11110.1k $444.2k $444.2k 0.00% Added +415 +415
62 PFG Investments, LLC 0.02% of their portfolio WOODBURY, NY 10,00410.0k $439.5k $439.5k 0.02% Reduced -917 -917
63 AlphaCentric Advisors LLC 0.42% of their portfolio SAN JUAN, PR 9,6859.7k $425.5k $425.5k 0.42% First filing
64 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 9,6389.6k $423.4k $423.4k 0.01% Added +46 +46
65 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 9,5489.5k $419.5k $419.5k 0.00% Reduced -612 -612
66 Mariner, LLC 0.00% of their portfolio Overland Park, KS 9,1339.1k $401.3k $401.3k 0.00% Added +32 +32
67 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 8,7888.8k $386.1k $386.1k 0.00% Added +277 +277
68 COMERICA BANK 0.00% of their portfolio DALLAS, TX 8,6168.6k $378.5k $378.5k 0.00% Added +691 +691
69 Legacy Capital Group California, Inc. 0.08% of their portfolio LOS GATOS, CA 7,8687.9k $345.7k $345.7k 0.08% Added +722 +722
70 Balentine LLC 0.01% of their portfolio ATLANTA, GA 7,8307.8k $344.0k $344.0k 0.01% Reduced -233 -233
71 Rehmann Capital Advisory Group 0.02% of their portfolio LANSING, MI 7,5607.6k $332.1k $332.1k 0.02% Unchanged
72 TMB Capital Partners, LLC 0.11% of their portfolio LITTLE ROCK, AR 7,4937.5k $329.2k $329.2k 0.11% First filing
73 Global Retirement Partners, LLC 0.01% of their portfolio San Rafael, CA 7,4007.4k $325.1k $325.1k 0.01% Added +2.2k +2,200
74 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 7,3057.3k $320.9k $320.9k 0.01% Added +1.0k +1,000
75 Southland Equity Partners LLC 0.06% of their portfolio WILDWOOD, MO 6,9757.0k $306.4k $306.4k 0.06% Reduced -483 -483
76 MB Generational Wealth, LLC 0.16% of their portfolio SPOKANE, WA 6,9286.9k $304.4k $304.4k 0.16% Reduced -45 -45
77 Counterweight Ventures, LLC 0.16% of their portfolio WILMINGTON, NC 6,6756.7k $293.3k $293.3k 0.16% Unchanged
78 Creekside Partners 0.12% of their portfolio PETALUMA, CA 6,6756.7k $293.3k $293.3k 0.12% Added +21 +21
79 WealthPoint Financial, LLC 0.25% of their portfolio CRAMERTON, NC 6,6146.6k $290.6k $290.6k 0.25% First filing
80 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 6,5136.5k $286.2k $286.2k 0.00% New
81 Savant Capital, LLC 0.00% of their portfolio ROCKFORD, IL 6,4376.4k $282.8k $282.8k 0.00% Unchanged
82 Austin Private Wealth, LLC 0.02% of their portfolio Austin, TX 5,9876.0k $263.0k $263.0k 0.02% Added +557 +557
83 Stablepoint Partners, LLC 0.04% of their portfolio BRAINTREE, MA 5,9526.0k $261.5k $261.5k 0.04% Reduced -1.3k -1,318
84 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 5,9005.9k $259.2k $259.2k 0.00% Unchanged
85 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 5,5275.5k $242.8k $242.8k 0.00% Reduced -266 -266
86 Pinnacle Financial Partners, Inc. 0.00% of their portfolio ATLANTA, GA 5,3425.3k $234.8k $234.8k 0.00% First filing
87 Wood Tarver Financial Group, LLC 0.06% of their portfolio BOISE, ID 4,8794.9k $214.0k $214.0k 0.06% Reduced -502 -502
88 Hardin Capital Partners, LLC 0.10% of their portfolio GREENVILLE, SC 4,8664.9k $213.8k $213.8k 0.10% Unchanged
89 KOM Wealth Management Group, LLC 0.15% of their portfolio APPLETON, WI 4,8044.8k $211.0k $211.0k 0.15% Added +72 +72
90 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 4,7874.8k $210.3k $210.3k 0.00% Added +9 +9
91 MYECFO, LLC 0.09% of their portfolio La Jolla, CA 4,7584.8k $209.0k $209.0k 0.09% Reduced -899 -899
92 B. Riley Wealth Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 4,7284.7k $207.7k $207.7k 0.01% Reduced -278 -278
93 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 4,3504.3k $190.9k $190.9k 0.00% Added +500 +500
94 FMR LLC 0.00% of their portfolio BOSTON, MA 3,8663.9k $169.8k $169.8k 0.00% Added +52 +52
95 ARVEST INVESTMENTS, INC. 0.02% of their portfolio LOWELL, AR 3,5903.6k $157.7k $157.7k 0.02% Reduced -133 -133
96 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 3,0643.1k $134.6k $134.6k 0.00% Added +46 +46
97 Clearstead Trust, LLC 0.02% of their portfolio PORTLAND, ME 2,9072.9k $127.7k $127.7k 0.02% Unchanged
98 Crews Bank & Trust 0.02% of their portfolio PORT CHARLOTTE, FL 2,7352.7k $120.2k $120.2k 0.02% Unchanged
99 CWM, LLC 0.00% of their portfolio OMAHA, NE 2,3832.4k $105.0k $105.0k 0.00% Added +1.3k +1,313
100 Milestone Investment Advisors LLC 0.03% of their portfolio MIDDLETON, WI 2,3512.4k $103.3k $103.3k 0.03% Unchanged