Vault-13

SPDR INDEX SHS FDS SPDW

PORTFOLIO DEVLPD · ETP · CUSIP 78463X889

1,050 institutional holders +56 vs Q1 2025
538,587,743538.6m shares reported held*
$21.8bnreported value*
91 new 441 added 364 reduced 42 sold out net bought ≈ $1.0bn (+25.7m 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 ($47.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $40.48.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 622Q4 22: 690Q1 23: 711Q2 23: 738Q3 23: 759Q4 23: 846Q1 24: 854Q2 24: 880Q3 24: 894Q4 24: 976Q1 25: 994Q2 25: 1,0501,050Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022622
Q4 2022690
Q1 2023711
Q2 2023738
Q3 2023759
Q4 2023846
Q1 2024854
Q2 2024880
Q3 2024894
Q4 2024976
Q1 2025994
Q2 20251,050

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ3 23: 367 bought or addedQ3 23: 304 cut or sold outQ4 23: 399 bought or addedQ4 23: 322 cut or sold outQ4 23Q1 24: 388 bought or addedQ1 24: 352 cut or sold outQ2 24: 477 bought or addedQ2 24: 288 cut or sold outQ2 24Q3 24: 402 bought or addedQ3 24: 370 cut or sold outQ4 24: 499 bought or addedQ4 24: 330 cut or sold outQ4 24Q1 25: 451 bought or addedQ1 25: 420 cut or sold outQ2 25: 532 bought or addedQ2 25: 406 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023367304
Q4 2023399322
Q1 2024388352
Q2 2024477288
Q3 2024402370
Q4 2024499330
Q1 2025451420
Q2 2025532406

Calls vs puts

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

CallsPuts
$0$25k$50k$75k$100kQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $64.8kQ4 24 puts: $64.8kQ4 24P/C 1.00Q1 25 calls: $94.7kQ1 25 puts: $8.8kQ1 25P/C 0.09Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$64.8k$64.8k1.00
Q1 2025$94.7k$8.8k0.09
Q2 2025$0$0—

Biggest buyers

Creative Planning Added +13,016,546+13.0m
Auto-Owners Insurance Co Added +12,419,000+12.4m
STIFEL FINANCIAL CORP Added +3,477,325+3.5m
BENJAMIN EDWARDS INC New +3,062,999+3.1m
ROYAL BANK OF CANADA Added +2,771,568+2.8m
HALBERT HARGROVE GLOBAL ADVISORS, LLC New +1,565,077+1.6m
Betterment LLC Added +1,535,351+1.5m
Rockefeller Capital Management L.P. Added +1,400,356+1.4m
EXCHANGE TRADED CONCEPTS, LLC New +1,348,914+1.3m
CONFLUENCE INVESTMENT MANAGEMENT LLC New +1,276,782+1.3m

Biggest sellers

STATE STREET CORP Reduced -6,835,676-6.8m
TOWNSQUARE CAPITAL LLC Reduced -5,873,080-5.9m
Financial Engines Advisors L.L.C. Reduced -5,462,822-5.5m
Envestnet Portfolio Solutions, Inc. Reduced -1,546,953-1.5m
Stadion Money Management, LLC Reduced -1,284,457-1.3m
ASSETMARK, INC Reduced -1,259,717-1.3m
Horizon Investments, LLC Reduced -1,226,211-1.2m
JANE STREET GROUP, LLC Sold out -1,172,556-1.2m
ENVESTNET ASSET MANAGEMENT INC Reduced -1,022,343-1.0m
MORGAN STANLEY Reduced -828,651-828.7k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Creative Planning 3.45% of their portfolio OVERLAND PARK, KS 99,636,34899.6m $4.0bn $4.0bn 3.45% Added +13.0m +13,016,546
2 Financial Engines Advisors L.L.C. 4.83% of their portfolio SANTA CLARA, CA 59,746,61459.7m $2.4bn $2.4bn 4.83% Reduced -5.5m -5,462,822
3 Allworth Financial LP 6.21% of their portfolio FOLSOM, CA 31,953,40132.0m $1.3bn $1.3bn 6.21% Added +306.7k +306,738
4 LPL Financial LLC 0.41% of their portfolio FORT MILL, SC 30,006,24830.0m $1.2bn $1.2bn 0.41% Reduced -727.3k -727,317
5 Auto-Owners Insurance Co 15.87% of their portfolio LANSING, MI 17,576,00017.6m $711.7m $711.7m 15.87% Added +12.4m +12,419,000
6 CWM, LLC 2.03% of their portfolio OMAHA, NE 14,181,61814.2m $574.2m $574.2m 2.03% Added +1.2m +1,213,244
7 TIAA TRUST, NATIONAL ASSOCIATION 1.43% of their portfolio CHARLOTTE, NC 13,580,16713.6m $549.9m $549.9m 1.43% Added +730.1k +730,123
8 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 8,887,4788.9m $359.9m $359.9m 0.02% Reduced -828.7k -828,651
9 UBS Group AG 0.07% of their portfolio ZURICH, V8 8,391,1748.4m $339.8m $339.8m 0.07% Added +1.1m +1,108,971
10 Betterment LLC 0.67% of their portfolio NEW YORK, NY 7,726,8597.7m $312.9m $312.9m 0.67% Added +1.5m +1,535,351
11 ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio Berwyn, PA 6,647,5946.6m $269.2m $269.2m 0.08% Reduced -1.0m -1,022,343
12 COMMONWEALTH EQUITY SERVICES, LLC 0.33% of their portfolio WALTHAM, MA 6,077,4046.1m $246.1m $246.1m 0.33% Reduced -351.3k -351,304
13 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 5,612,5185.6m $227.3m $227.3m 0.02% Added +1.2m +1,188,841
14 Horizon Investments, LLC 3.22% of their portfolio Charlotte, NC 5,024,5965.0m $203.4m $203.4m 3.22% Reduced -1.2m -1,226,211
15 OSAIC HOLDINGS, INC. 0.36% of their portfolio SCOTTSDALE, AZ 4,985,3225.0m $200.0m $200.0m 0.36% Added +976.8k +976,750
16 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 4,668,6984.7m $189.0m $189.0m 0.01% Reduced -6.8m -6,835,676
17 Mariner, LLC 0.26% of their portfolio Overland Park, KS 4,418,2464.4m $178.9m $178.9m 0.26% Reduced -77.6k -77,642
18 Stadion Money Management, LLC 13.75% of their portfolio WATKINSVILLE, GA 4,136,9504.1m $167.5m $167.5m 13.75% Reduced -1.3m -1,284,457
19 Advisory Alpha, LLC 5.18% of their portfolio HOLLAND, MI 4,112,1204.1m $166.5m $166.5m 5.18% Reduced -99.8k -99,841
20 STIFEL FINANCIAL CORP 0.16% of their portfolio ST. LOUIS, MO 3,983,8304.0m $161.3m $161.3m 0.16% Added +3.5m +3,477,325
21 Strategies Wealth Advisors, LLC 14.77% of their portfolio GRAND RAPIDS, MI 3,339,0203.3m $135.2m $135.2m 14.77% Added +31.8k +31,841
22 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 3,221,1723.2m $130.4m $130.4m 0.01% Added +2.8m +2,771,568
23 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 3,145,8833.1m $127.4m $127.4m 0.04% Added +338.9k +338,860
24 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 3,141,7813.1m $127.2m $127.2m 0.02% Reduced -308.0k -307,995
25 BENJAMIN EDWARDS INC 1.58% of their portfolio Clayton, MO 3,062,9993.1m $124.0m $124.0m 1.58% New
26 Pathstone Holdings, LLC 0.48% of their portfolio ENGLEWOOD, NJ 2,989,5803.0m $120.9m $120.9m 0.48% Reduced -30.0k -29,967
27 Clearstead Advisors, LLC 1.59% of their portfolio CLEVELAND, OH 2,801,0922.8m $113.4m $113.4m 1.59% Added +110.6k +110,568
28 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 2,794,8852.8m $113.1m $113.1m 0.03% Reduced -693.9k -693,908
29 Rockefeller Capital Management L.P. 0.13% of their portfolio NEW YORK, NY 2,791,7802.8m $113.6m $113.6m 0.13% Added +1.4m +1,400,356
30 HighTower Advisors, LLC 0.13% of their portfolio CHICAGO, IL 2,630,3852.6m $106.5m $106.5m 0.13% Added +739.2k +739,210
31 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.07% of their portfolio MILWAUKEE, WI 2,382,4822.4m $96.5m $96.5m 0.07% Reduced -460.1k -460,091
32 SEI INVESTMENTS CO 0.11% of their portfolio OAKS, PA 2,372,0402.4m $96.0m $96.0m 0.11% Reduced -150.7k -150,709
33 Equitable Holdings, Inc. 0.77% of their portfolio NEW YORK, NY 2,292,9322.3m $92.8m $92.8m 0.77% Reduced -36.3k -36,330
34 GeoWealth Management, LLC 3.59% of their portfolio CHICAGO, IL 2,271,2952.3m $92.0m $92.0m 3.59% Reduced -66.6k -66,602
35 McNamara Financial Services, Inc. 17.48% of their portfolio MARSHFIELD, MA 2,177,8422.2m $88.2m $88.2m 17.48% Reduced -23.0k -22,957
36 Gradient Investments LLC 1.56% of their portfolio ARDEN HILLS, MN 2,112,6312.1m $85.5m $85.5m 1.56% Added +7.2k +7,173
37 Private Advisor Group, LLC 0.46% of their portfolio MORRISTOWN, NJ 2,087,3212.1m $84.5m $84.5m 0.46% Reduced -141.4k -141,373
38 Savant Capital, LLC 0.59% of their portfolio ROCKFORD, IL 2,035,3862.0m $82.4m $82.4m 0.59% Reduced -49.6k -49,558
39 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.14% of their portfolio PLYMOUTH, MN 2,025,5692.0m $82.3m $82.3m 0.14% Reduced -332.0k -331,981
40 Advocacy Wealth Management, LLC 5.02% of their portfolio ATLANTA, GA 2,021,9312.0m $81.9m $81.9m 5.02% Reduced -56.4k -56,414
41 JNBA Financial Advisors 7.77% of their portfolio BLOOMINGTON, MN 1,995,8892.0m $80.8m $80.8m 7.77% Reduced -57.2k -57,169
42 Cetera Investment Advisers 0.13% of their portfolio SCHAUMBURG, IL 1,875,4251.9m $75.9m $75.9m 0.13% Reduced -43.7k -43,744
43 MML INVESTORS SERVICES, LLC 0.22% of their portfolio SPRINGFIELD, MA 1,848,8721.8m $74.9m $74.9m 0.22% Added +203.8k +203,782
44 AXXCESS WEALTH MANAGEMENT, LLC 1.79% of their portfolio CARLSBAD, CA 1,839,0041.8m $74.5m $74.5m 1.79% Added +90.6k +90,560
45 Capital Asset Advisory Services LLC 3.43% of their portfolio Williamston, MI 1,813,6871.8m $73.3m $73.3m 3.43% Added +155.3k +155,278
46 Envestnet Portfolio Solutions, Inc. 0.26% of their portfolio BERWYN, PA 1,737,2871.7m $70.3m $70.3m 0.26% Reduced -1.5m -1,546,953
47 Schneider Downs Wealth Management Advisors, LP 10.16% of their portfolio Pittsburgh, PA 1,678,8541.7m $68.0m $68.0m 10.16% Added +102.6k +102,590
48 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,619,0161.6m $65.6m $65.6m 0.00% Added +139.8k +139,771
49 Peterson Wealth Advisors, LLC 10.66% of their portfolio Orem, UT 1,595,4821.6m $64.6m $64.6m 10.66% Added +30.4k +30,424
50 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,580,4421.6m $64.0m $64.0m 0.01% Added +728.0k +727,955
51 HALBERT HARGROVE GLOBAL ADVISORS, LLC 3.33% of their portfolio LONG BEACH, CA 1,565,0771.6m $63.4m $63.4m 3.33% New
52 ASSETMARK, INC 0.15% of their portfolio CONCORD, CA 1,562,6381.6m $63.3m $63.3m 0.15% Reduced -1.3m -1,259,717
53 PARK AVENUE SECURITIES LLC 0.58% of their portfolio NEW YORK, NY 1,558,4851.6m $63.1m $63.1m 0.58% Reduced -315.1k -315,076
54 AlphaStar Capital Management, LLC 4.42% of their portfolio CORNELIUS, NC 1,554,4551.6m $62.9m $62.9m 4.42% Reduced -37.2k -37,154
55 SPC Financial, Inc. 5.13% of their portfolio ROCKVILLE, MD 1,511,4721.5m $61.2m $61.2m 5.13% Added +1.2m +1,225,222
56 Facet Wealth, Inc. 1.26% of their portfolio WEST PALM BEACH, FL 1,390,5411.4m $55.5m $55.5m 1.26% Reduced -46.3k -46,339
57 TRUEFG, LLC 16.48% of their portfolio CEDAR PARK, TX 1,369,7871.4m $55.5m $55.5m 16.48% Added +14.3k +14,315
58 EXCHANGE TRADED CONCEPTS, LLC 0.70% of their portfolio Oklahoma City, OK 1,348,9141.3m $54.6m $54.6m 0.70% New
59 Cambridge Investment Research Advisors, Inc. 0.17% of their portfolio FAIRFIELD, IA 1,340,8801.3m $54.3m $54.3m 0.17% Added +84.1k +84,118
60 Stratos Wealth Partners, LTD. 0.72% of their portfolio BEACHWOOD, OH 1,318,4721.3m $53.4m $53.4m 0.72% Added +302.9k +302,913
61 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.73% of their portfolio ST. LOUIS, MO 1,276,7821.3m $51.7m $51.7m 0.73% New
62 Wealthcare Advisory Partners LLC 1.10% of their portfolio WEST CHESTER, PA 1,188,0931.2m $48.1m $48.1m 1.10% Added +101.9k +101,921
63 Clearwater Capital Advisors, LLC 4.10% of their portfolio HOFFMAN ESTATES, IL 1,109,2941.1m $44.9m $44.9m 4.10% Reduced -11.4k -11,443
64 Dakota Wealth Management 0.94% of their portfolio PALM BEACH GARDENS, FL 1,106,6401.1m $44.8m $44.8m 0.94% Added +300.9k +300,877
65 KWB Wealth 4.66% of their portfolio REDLANDS, CA 1,053,9891.1m $38.4m $38.4m 4.66% Reduced -42.0k -42,016
66 Goldstein Advisors, LLC 5.72% of their portfolio Madison, WI 1,051,9491.1m $42.6m $42.6m 5.72% Added +156.9k +156,911
67 AlphaCore Capital LLC 1.59% of their portfolio LA JOLLA, CA 1,026,6141.0m $41.6m $41.6m 1.59% Added +1.0m +1,022,153
68 Integrated Wealth Concepts LLC 0.41% of their portfolio WALTHAM, MA 1,015,2271.0m $41.1m $41.1m 0.41% Added +138.6k +138,589
69 CGN Advisors LLC 3.65% of their portfolio MANHATTAN, KS 1,008,2091.0m $40.8m $40.8m 3.65% Added +38.2k +38,212
70 Boston Standard Wealth Management, LLC 7.34% of their portfolio WINCHESTER, MA 1,006,3611.0m $40.7m $40.7m 7.34% Added +65.0k +64,981
71 Global Strategic Investment Solutions, LLC 4.33% of their portfolio Scottsdale, AZ 1,000,4301.0m $40.5m $40.5m 4.33% Reduced -16.3k -16,285
72 US BANCORP \DE\ 0.05% of their portfolio MINNEAPOLIS, MN 970,305970.3k $39.3m $39.3m 0.05% Reduced -9.3k -9,267
73 Thrivent Financial for Lutherans 0.09% of their portfolio Minneapolis, MN 963,759963.8k $39.0m $39.0m 0.09% Added +716.3k +716,331
74 Bristlecone Advisors, LLC 3.24% of their portfolio BELLEVUE, WA 953,060953.1k $38.6m $38.6m 3.24% Added +29.1k +29,131
75 Atlas Private Wealth Advisors 4.86% of their portfolio RED BANK, NJ 932,870932.9k $37.8m $37.8m 4.86% Reduced -63.1k -63,107
76 Brio Consultants, LLC 5.47% of their portfolio SAN FRANCISCO, CA 923,950924.0k $37.4m $37.4m 5.47% Added +24.5k +24,506
77 RESTON WEALTH MANAGEMENT LLC 12.87% of their portfolio Reston, VA 907,233907.2k $36.7m $36.7m 12.87% Added +119.9k +119,884
78 WALLER FINANCIAL PLANNING GROUP, INC 8.88% of their portfolio COLUMBUS, OH 906,904906.9k $36.7m $36.7m 8.88% Reduced -11.4k -11,406
79 Lifeworks Advisors, LLC 5.45% of their portfolio GRAND RAPIDS, MI 901,955902.0k $36.5m $36.5m 5.45% Added +84.5k +84,531
80 Ballentine Partners, LLC 0.54% of their portfolio Waltham, MA 885,540885.5k $35.9m $35.9m 0.54% Added +14.4k +14,375
81 Global Retirement Partners, LLC 0.87% of their portfolio San Rafael, CA 871,639871.6k $35.3m $35.3m 0.87% First filing
82 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 863,857863.9k $35.0m $35.0m 0.01% Reduced -408.6k -408,587
83 Goodman Financial Corp 6.70% of their portfolio HOUSTON, TX 822,837822.8k $33.3m $33.3m 6.70% Added +7.6k +7,602
84 Meeder Advisory Services, Inc. 1.72% of their portfolio DUBLIN, OH 821,016821.0k $33.2m $33.2m 1.72% Reduced -51.3k -51,285
85 MAI Capital Management 0.23% of their portfolio INDEPENDENCE, OH 805,968806.0k $32.6m $32.6m 0.23% Reduced -44.5k -44,517
86 IFP Advisors, Inc 0.90% of their portfolio TAMPA, FL 783,624783.6k $31.7m $31.7m 0.90% Added +115.0k +115,000
87 OneAscent Financial Services LLC 2.26% of their portfolio BIRMINGHAM, AL 782,790782.8k $31.7m $31.7m 2.26% Added +10.9k +10,855
88 Garrett Wealth Advisory Group, LLC 6.60% of their portfolio WEATHERFORD, TX 770,930770.9k $31.2m $31.2m 6.60% Added +16.7k +16,699
89 ProVise Management Group, LLC 2.46% of their portfolio CLEARWATER, FL 769,580769.6k $31.2m $31.2m 2.46% Added +2.0k +1,963
90 Blueprint Investment Partners LLC 5.37% of their portfolio GREENSBORO, NC 747,947747.9k $30.3m $30.3m 5.37% Added +52.7k +52,741
91 DIVERSIFY WEALTH MANAGEMENT, LLC 1.90% of their portfolio SANDY, UT 738,789738.8k $30.7m $30.7m 1.90% Added +52.0k +52,025
92 Rinkey Investments 8.99% of their portfolio San Diego, CA 738,744738.7k $29.9m $29.9m 8.99% Added +31.7k +31,658
93 Walkner Condon Financial Advisors LLC 5.46% of their portfolio MADISON, WI 733,191733.2k $29.7m $29.7m 5.46% Added +48.9k +48,886
94 Aptus Capital Advisors, LLC 0.29% of their portfolio FAIRHOPE, AL 732,670732.7k $29.7m $29.7m 0.29% Added +53.4k +53,403
95 Geneos Wealth Management Inc. 0.72% of their portfolio ENGLEWOOD, CO 723,650723.6k $29.3m $29.3m 0.72% Reduced -651.4k -651,410
96 Strategic Financial Concepts, LLC 4.04% of their portfolio SAN ANTONIO, TX 708,918708.9k $28.7m $28.7m 4.04% Added +590.6k +590,561
97 Compton Financial Group, LLC 7.41% of their portfolio TOWSON, MD 703,776703.8k $28.5m $28.5m 7.41% Added +34.8k +34,793
98 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.64% of their portfolio LOS ANGELES, CA 690,437690.4k $28.0m $28.0m 0.64% Reduced -331.9k -331,864
99 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 686,303686.3k $27.8m $27.8m 0.04% Added +407.3k +407,294
100 Concord Wealth Partners 4.03% of their portfolio ABINGDON, VA 683,161683.2k $27.7m $27.7m 4.03% Added +147.0k +147,012