Vault-13

SPDR INDEX SHS FDS GWX

S&P INTL SMLCP · ETP · CUSIP 78463X871

250 institutional holders +19 vs Q3 2025
12,798,33212.8m shares reported held*
$523.5mreported value*
20 new 101 added 73 reduced 11 sold out net sold ≈ $13.1m (-329.1k 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 ($1.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $40.90.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 206Q4 22: 221Q1 23: 220Q2 23: 212Q3 23: 207Q4 23: 220Q1 24: 213Q2 24: 212Q3 24: 219Q4 24: 213Q1 25: 209Q2 25: 222Q3 25: 231Q4 25: 250250Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022206
Q4 2022221
Q1 2023220
Q2 2023212
Q3 2023207
Q4 2023220
Q1 2024213
Q2 2024212
Q3 2024219
Q4 2024213
Q1 2025209
Q2 2025222
Q3 2025231
Q4 2025250

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 72 bought or addedQ1 24: 111 cut or sold outQ2 24: 88 bought or addedQ2 24: 94 cut or sold outQ2 24Q3 24: 78 bought or addedQ3 24: 97 cut or sold outQ4 24: 96 bought or addedQ4 24: 101 cut or sold outQ4 24Q1 25: 80 bought or addedQ1 25: 108 cut or sold outQ2 25: 77 bought or addedQ2 25: 112 cut or sold outQ2 25Q3 25: 92 bought or addedQ3 25: 95 cut or sold outQ4 25: 121 bought or addedQ4 25: 84 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202472111
Q2 20248894
Q3 20247897
Q4 202496101
Q1 202580108
Q2 202577112
Q3 20259295
Q4 202512184

Calls vs puts

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

CallsPuts
$0$20k$40k$60kQ1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $44.2kQ3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —
Numbers
QuarterCallsPutsP/C
Q1 2025$0$0—
Q2 2025$0$0—
Q3 2025$0$44.2k—
Q4 2025$0$0—

Biggest buyers

NORTHERN TRUST CORP Added +58,333+58.3k
N.E.W. Advisory Services LLC Added +46,095+46.1k
WELLINGTON MANAGEMENT GROUP LLP Added +45,028+45.0k
Concurrent Investment Advisors, LLC New +41,642+41.6k
TIAA TRUST, NATIONAL ASSOCIATION Added +35,602+35.6k
Wilmington Savings Fund Society, FSB Added +29,350+29.4k
Belpointe Asset Management LLC Added +20,739+20.7k
Cetera Investment Advisers Added +20,597+20.6k
Corient Private Wealth LP Added +19,969+20.0k
Envestnet Portfolio Solutions, Inc. Added +18,541+18.5k

Biggest sellers

Cullen/Frost Bankers, Inc. Reduced -128,749-128.7k
Savant Capital, LLC Reduced -126,031-126.0k
Equitable Holdings, Inc. Reduced -116,466-116.5k
OSAIC HOLDINGS, INC. Reduced -91,542-91.5k
Aspire Private Capital, LLC Reduced -71,487-71.5k
ENVESTNET ASSET MANAGEMENT INC Reduced -67,133-67.1k
CITADEL ADVISORS LLC Reduced -43,660-43.7k
Sanctuary Advisors, LLC Reduced -40,426-40.4k
LPL Financial LLC Reduced -39,903-39.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -38,603-38.6k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,220,7041.2m $49.9m $49.9m 0.01% Reduced -39.9k -39,903
2 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 795,373795.4k $32.5m $32.5m 0.01% Reduced -67.1k -67,133
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 579,913579.9k $23.7m $23.7m 0.00% Added +15.2k +15,153
4 Wilmington Savings Fund Society, FSB 0.53% of their portfolio WILMINGTON, DE 557,131557.1k $22.8m $22.8m 0.53% Added +29.4k +29,350
5 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 548,620548.6k $22.4m $22.4m 0.02% Added +20.6k +20,597
6 Envestnet Portfolio Solutions, Inc. 0.08% of their portfolio BERWYN, PA 545,696545.7k $22.3m $22.3m 0.08% Added +18.5k +18,541
7 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 490,585490.6k $20.0m $20.0m 0.03% Reduced -91.5k -91,542
8 ASSETMARK, INC 0.04% of their portfolio CONCORD, CA 459,887459.9k $18.8m $18.8m 0.04% Reduced -5.2k -5,229
9 TIAA TRUST, NATIONAL ASSOCIATION 0.04% of their portfolio CHARLOTTE, NC 364,087364.1k $14.9m $14.9m 0.04% Added +35.6k +35,602
10 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 339,958340.0k $13.9m $13.9m 0.00% Added +4.7k +4,658
11 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 284,257284.3k $11.6m $11.6m 0.01% Reduced -11.4k -11,406
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 256,950256.9k $10.5m $10.5m 0.00% Reduced -852 -852
13 N.E.W. Advisory Services LLC 0.72% of their portfolio DE PERE, WI 237,691237.7k $9.7m $9.7m 0.72% Added +46.1k +46,095
14 PARK AVENUE SECURITIES LLC 0.08% of their portfolio NEW YORK, NY 231,771231.8k $9.5m $9.5m 0.08% Added +13.0k +13,004
15 Savant Capital, LLC 0.05% of their portfolio ROCKFORD, IL 219,550219.6k $9.0m $9.0m 0.05% Reduced -126.0k -126,031
16 COMMERCE BANK 0.04% of their portfolio KANSAS CITY, MO 197,221197.2k $8.1m $8.1m 0.04% Reduced -11.2k -11,226
17 CX Institutional 0.22% of their portfolio AUBURN, IN 180,319180.3k $7.4m $7.4m 0.22% Added +2.9k +2,893
18 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 177,262177.3k $7.2m $7.2m 0.01% Added +10 +10
19 Austin Private Wealth, LLC 0.49% of their portfolio Austin, TX 159,524159.5k $6.5m $6.5m 0.49% Added +4.6k +4,557
20 FMR LLC 0.00% of their portfolio BOSTON, MA 159,173159.2k $6.5m $6.5m 0.00% Added +7.6k +7,560
21 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 147,002147.0k $6.0m $6.0m 0.03% Added +12.0k +12,029
22 Modera Wealth Management, LLC 0.07% of their portfolio WESTWOOD, NJ 137,927137.9k $5.6m $5.6m 0.07% Added +111 +111
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 134,581134.6k $5.5m $5.5m 0.00% Added +2.6k +2,582
24 RTD Financial Advisors, Inc. 0.63% of their portfolio Philadelphia, PA 126,496126.5k $5.2m $5.2m 0.63% Reduced -2.8k -2,849
25 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 125,455125.5k $5.1m $5.1m 0.01% Added +4.2k +4,159
26 BIP Wealth, LLC 0.17% of their portfolio ATLANTA, GA 116,146116.1k $4.7m $4.7m 0.17% Added +148 +148
27 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 110,036110.0k $4.5m $4.5m 0.03% Reduced -116.5k -116,466
28 MAI Capital Management 0.03% of their portfolio INDEPENDENCE, OH 108,786108.8k $4.4m $4.4m 0.03% Added +511 +511
29 Eagle Bluffs Wealth Management LLC 1.73% of their portfolio COLUMBIA, MO 104,626104.6k $4.3m $4.3m 1.73% Added +3.1k +3,051
30 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 103,838103.8k $4.2m $4.2m 0.00% Added +58.3k +58,333
31 CarsonAllaria Wealth Management, Ltd. 2.10% of their portfolio GLEN CARBON, IL 103,478103.5k $4.2m $4.2m 2.10% Added +450 +450
32 TOBIAS FINANCIAL ADVISORS, INC. 0.57% of their portfolio Plantation, FL 99,05899.1k $4.0m $4.0m 0.57% Reduced -868 -868
33 Cullen/Frost Bankers, Inc. 0.04% of their portfolio San Antonio, TX 93,17193.2k $3.8m $3.8m 0.04% Reduced -128.7k -128,749
34 McAdam, LLC 0.16% of their portfolio Philadelphia, PA 87,75787.8k $3.6m $3.6m 0.16% Added +73 +73
35 Pure Financial Advisors, LLC 0.05% of their portfolio SAN DIEGO, CA 84,47984.5k $3.5m $3.5m 0.05% Reduced -1.3k -1,257
36 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 80,65580.7k $3.3m $3.3m 0.00% Added +2.4k +2,364
37 MISSION WEALTH MANAGEMENT, LP 0.06% of their portfolio Santa Barbara, CA 75,29375.3k $3.1m $3.1m 0.06% Reduced -277 -277
38 LANDMARK WEALTH MANAGEMENT, INC. 1.15% of their portfolio NORMAL, IL 74,42174.4k $3.0m $3.0m 1.15% Added +4.7k +4,660
39 Aspire Private Capital, LLC 0.64% of their portfolio Cornelius, NC 69,96670.0k $2.9m $2.9m 0.64% Reduced -71.5k -71,487
40 Capital Investment Management, Inc. 1.00% of their portfolio LEES SUMMIT, MO 69,92969.9k $2.9m $2.9m 1.00% First filing
41 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 68,96169.0k $2.8m $2.8m 0.01% Reduced -2.0k -1,985
42 Total Clarity Wealth Management, Inc. 0.61% of their portfolio ST. CHARLES, IL 62,10062.1k $2.5m $2.5m 0.61% Added +1.7k +1,708
43 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 61,29461.3k $2.5m $2.5m 0.00% Reduced -43.7k -43,660
44 Arete Wealth Advisors, LLC 0.17% of their portfolio CHICAGO, IL 60,89760.9k $2.5m $2.5m 0.17% Added +3.2k +3,204
45 Signal Advisors Wealth, LLC 0.18% of their portfolio DETROIT, MI 56,83256.8k $2.3m $2.3m 0.18% Added +3.4k +3,430
46 Ballentine Partners, LLC 0.03% of their portfolio Waltham, MA 55,53555.5k $2.3m $2.3m 0.03% Unchanged
47 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 55,25755.3k $2.3m $2.3m 0.00% Added +2.9k +2,879
48 HARBOUR INVESTMENTS, INC. 0.04% of their portfolio MADISON, WI 53,77053.8k $2.2m $2.2m 0.04% Added +448 +448
49 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 52,98453.0k $2.2m $2.2m 0.00% Added +45.0k +45,028
50 Wealthcare Advisory Partners LLC 0.04% of their portfolio WEST CHESTER, PA 51,40251.4k $2.1m $2.1m 0.04% Reduced -7.3k -7,277
51 Mill Creek Capital Advisors, LLC 0.04% of their portfolio Conshohocken, PA 47,11147.1k $1.9m $1.9m 0.04% Unchanged
52 LMCG INVESTMENTS, LLC 0.11% of their portfolio BOSTON, MA 45,20045.2k $1.8m $1.8m 0.11% Unchanged
53 IHT Wealth Management, LLC 0.05% of their portfolio Chicago, IL 45,14345.1k $1.9m $1.9m 0.05% Reduced -4.1k -4,099
54 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 44,96345.0k $1.8m $1.8m 0.00% Added +3.9k +3,906
55 Accredited Investors Inc. 0.09% of their portfolio EDINA, MN 42,64042.6k $1.7m $1.7m 0.09% Unchanged
56 STONEHAVEN WEALTH & TAX SOLUTIONS, LLC 1.56% of their portfolio APPLETON, WI 42,57042.6k $1.7m $1.7m 1.56% Reduced -1.6k -1,576
57 Valmark Advisers, Inc. 0.02% of their portfolio AKRON, OH 41,96342.0k $1.7m $1.7m 0.02% Reduced -747 -747
58 Concurrent Investment Advisors, LLC 0.02% of their portfolio Tampa, FL 41,64241.6k $1.7m $1.7m 0.02% New
59 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 39,88339.9k $1.6m $1.6m 0.01% Added +2.0k +1,972
60 Simplicity Wealth,LLC 0.09% of their portfolio SUMMIT, NJ 36,90236.9k $1.5m $1.5m 0.09% Added +6.5k +6,508
61 Belpointe Asset Management LLC 0.05% of their portfolio RENO, NV 36,16936.2k $1.5m $1.5m 0.05% Added +20.7k +20,739
62 RFG Advisory, LLC 0.03% of their portfolio BIRMINGHAM, AL 35,25735.3k $1.4m $1.4m 0.03% Reduced -326 -326
63 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 34,11534.1k $1.4m $1.4m 0.00% Added +9.5k +9,456
64 Portside Wealth Group, LLC 0.19% of their portfolio Provo, UT 33,91633.9k $1.4m $1.4m 0.19% Added +11.7k +11,678
65 Raleigh Capital Management Inc. 0.50% of their portfolio CARY, NC 33,85533.9k $1.4m $1.4m 0.50% Added +3.8k +3,807
66 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 33,11533.1k $1.4m $1.4m 0.00% Added +830 +830
67 SMITH, MOORE & CO. 0.10% of their portfolio CLAYTON, MO 32,65632.7k $1.3m $1.3m 0.10% Reduced -168 -168
68 Upper Left Wealth Management, LLC 0.81% of their portfolio TAMPA, FL 32,49032.5k $1.3m $1.3m 0.81% Added +2.2k +2,228
69 CARY STREET PARTNERS FINANCIAL LLC 0.03% of their portfolio RICHMOND, VA 32,24032.2k $1.3m $1.3m 0.03% Unchanged
70 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 31,99532.0k $1.3m $1.3m 0.01% Reduced -40.4k -40,426
71 CreativeOne Wealth, LLC 0.03% of their portfolio OVERLAND PARK, KS 30,97931.0k $1.3m $1.3m 0.03% Added +2.6k +2,564
72 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 30,84830.8k $1.3m $1.3m 0.01% Reduced -2.9k -2,938
73 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 30,45730.5k $1.2m $1.2m 0.00% Added +202 +202
74 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 30,40230.4k $1.2m $1.2m 0.00% Added +20.0k +19,969
75 MATHER GROUP, LLC. 0.01% of their portfolio CHICAGO, IL 30,37730.4k $1.2m $1.2m 0.01% Reduced -8 -8
76 Bryn Mawr Trust Advisors, LLC 0.06% of their portfolio PHILADELPHIA, PA 30,26730.3k $1.2m $1.2m 0.06% Reduced -1.1k -1,118
77 Probity Advisors, Inc. 0.19% of their portfolio DALLAS, TX 29,35929.4k $1.2m $1.2m 0.19% Added +692 +692
78 Spire Wealth Management 0.04% of their portfolio MCLEAN, VA 29,20829.2k $1.2m $1.2m 0.04% Reduced -1.6k -1,590
79 Alesco Advisors, LLC, An ESL Co 0.03% of their portfolio Pittsford, NY 27,16327.2k $1.1m $1.1m 0.03% Reduced -790 -790
80 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 27,10127.1k $1.1m $1.1m 0.00% Added +431 +431
81 Independent Advisor Alliance 0.03% of their portfolio CHARLOTTE, NC 25,79325.8k $1.1m $1.1m 0.03% Added +2.7k +2,731
82 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 23,36523.4k $975.7k $975.7k 0.00% Added +2.5k +2,456
83 Cassaday & Co Wealth Management LLC 0.02% of their portfolio MCLEAN, VA 23,16823.2k $946.6k $946.6k 0.02% Unchanged
84 Walkner Condon Financial Advisors LLC 0.12% of their portfolio MADISON, WI 21,66321.7k $885.1k $885.1k 0.12% Reduced -65 -65
85 FSB PREMIER WEALTH MANAGEMENT, INC. 0.28% of their portfolio WATERLOO, IA 21,58821.6k $882.1k $882.1k 0.28% Reduced -200 -200
86 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 21,41821.4k $875.1k $875.1k 0.00% Added +390 +390
87 Balefire, LLC 0.16% of their portfolio DALLAS, TX 20,66720.7k $844.5k $844.5k 0.16% Added +1.9k +1,942
88 Midwest Financial Network, LLC 0.63% of their portfolio TINLEY PARK, IL 20,07620.1k $820.3k $820.3k 0.63% Added +9.7k +9,743
89 CAMELOT TECHNOLOGY ADVISORS, INC. 0.60% of their portfolio SAN FRANCISCO, CA 19,44919.4k $794.7k $794.7k 0.60% Added +3.3k +3,303
90 RICHARDSON FINANCIAL SERVICES INC. 0.31% of their portfolio MEDWAY, MA 19,29819.3k $953.5k $953.5k 0.31% Reduced -206 -206
91 Advisor OS, LLC 0.06% of their portfolio CHICAGO, IL 18,49618.5k $755.8k $755.8k 0.06% Added +483 +483
92 Legacy Wealth Partners, LLC 0.19% of their portfolio Lakewood, CO 18,35218.4k $749.9k $749.9k 0.19% First filing
93 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 17,77117.8k $726.1k $726.1k 0.00% Unchanged
94 Global Financial Private Client, LLC 0.25% of their portfolio Sarasota, FL 17,48717.5k $714.5k $714.5k 0.25% Added +673 +673
95 NOVUS ADVISORS, LLC 1.58% of their portfolio GREENVILLE, SC 17,27017.3k $705.6k $705.6k 1.58% Reduced -224 -224
96 Werba Rubin Papier Wealth Management 0.19% of their portfolio SAN JOSE, CA 17,23717.2k $704.3k $704.3k 0.19% Added +18 +18
97 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 17,23317.2k $704.1k $704.1k 0.01% Added +3.0k +3,012
98 Rothschild Wealth LLC 0.07% of their portfolio OAK BROOK, IL 17,16117.2k $701.2k $701.2k 0.07% Reduced -380 -380
99 Wealthspire Advisors, LLC 0.01% of their portfolio NEW YORK, NY 16,88516.9k $689.9k $689.9k 0.01% Added +62 +62
100 Brand Asset Management Group, Inc. 0.19% of their portfolio CHESTERFIELD, MO 16,64316.6k $680.0k $680.0k 0.19% Reduced -1.3k -1,256