Vault-13

SPDR INDEX SHS FDS SPDW

PORTFOLIO DEVLPD · ETP · CUSIP 78463X889

1,205 institutional holders +43 vs Q4 2025
653,296,904653.3m shares reported held*
$29.8bnreported value*
94 new 471 added 411 reduced 49 sold out net bought ≈ $1.6bn (+34.4m 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 ($211.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $45.67. Options: 1 managers hold calls ($365.2k notional), 0 hold puts (—).

Trends to Q1 2026

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: 1,050Q3 25: 1,071Q4 25: 1,162Q1 26: 1,2051,205Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 20251,071
Q4 20251,162
Q1 20261,205

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 24: 477 bought or addedQ2 24: 288 cut or sold outQ3 24: 402 bought or addedQ3 24: 370 cut or sold outQ3 24Q4 24: 499 bought or addedQ4 24: 330 cut or sold outQ1 25: 451 bought or addedQ1 25: 420 cut or sold outQ1 25Q2 25: 532 bought or addedQ2 25: 406 cut or sold outQ3 25: 515 bought or addedQ3 25: 404 cut or sold outQ3 25Q4 25: 576 bought or addedQ4 25: 375 cut or sold outQ1 26: 565 bought or addedQ1 26: 460 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024477288
Q3 2024402370
Q4 2024499330
Q1 2025451420
Q2 2025532406
Q3 2025515404
Q4 2025576375
Q1 2026565460

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $201.1kQ3 25 puts: $544.6kQ3 25P/C 2.71Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $365.2kQ1 26 puts: $0Q1 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2025$0$0—
Q3 2025$201.1k$544.6k2.71
Q4 2025$0$0—
Q1 2026$365.2k$00.00

Biggest buyers

JANE STREET GROUP, LLC Added +13,236,509+13.2m
Creative Planning Added +8,686,628+8.7m
Nearwater Capital Markets, Ltd New +6,039,200+6.0m
MORGAN STANLEY Added +4,564,687+4.6m
FLOW TRADERS U.S. LLC New +2,493,051+2.5m
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO New +2,352,670+2.4m
CWM, LLC Added +2,161,800+2.2m
Independent Advisor Alliance Added +2,048,123+2.0m
Center for Financial Planning, Inc. Added +1,611,338+1.6m
TTP Investments, Inc. New +1,117,102+1.1m

Biggest sellers

TIAA TRUST, NATIONAL ASSOCIATION Reduced -12,618,642-12.6m
BANK OF AMERICA CORP /DE/ Reduced -2,297,169-2.3m
Corient Private Wealth LP Reduced -1,557,117-1.6m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -1,439,523-1.4m
Financial Engines Advisors L.L.C. Reduced -1,368,150-1.4m
Select Equity Group, L.P. Sold out -907,211-907.2k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -831,173-831.2k
Summit Global Investments Reduced -740,072-740.1k
RESTON WEALTH MANAGEMENT LLC Reduced -597,823-597.8k
STATE STREET CORP Reduced -571,296-571.3k

Biggest calls

CITADEL ADVISORS LLC New $365.2k8.0k shares

Biggest puts

None

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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Creative Planning 4.14% of their portfolio OVERLAND PARK, KS 133,821,065133.8m $6.1bn $6.1bn 4.14% Added +8.7m +8,686,628
2 Financial Engines Advisors L.L.C. 5.18% of their portfolio SANTA CLARA, CA 55,849,04355.8m $2.5bn $2.5bn 5.18% Reduced -1.4m -1,368,150
3 LPL Financial LLC 0.46% of their portfolio FORT MILL, SC 38,025,80238.0m $1.7bn $1.7bn 0.46% Added +681.9k +681,940
4 Allworth Financial LP 5.47% of their portfolio FOLSOM, CA 29,472,84429.5m $1.3bn $1.3bn 5.47% Reduced -318.0k -317,994
5 Auto-Owners Insurance Co 18.77% of their portfolio LANSING, MI 19,637,66619.6m $896.5m $896.5m 18.77% Unchanged
6 CWM, LLC 2.12% of their portfolio OMAHA, NE 17,682,35717.7m $807.2m $807.2m 2.12% Added +2.2m +2,161,800
7 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 16,480,57516.5m $752.3m $752.3m 0.05% Added +4.6m +4,564,687
8 JANE STREET GROUP, LLC 0.65% of their portfolio NEW YORK, NY 13,344,66513.3m $609.2m $609.2m 0.65% Added +13.2m +13,236,509
9 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 2.16% of their portfolio CHARLOTTE, NC 12,291,71812.3m $561.1m $561.1m 2.16% First filing
10 ENVESTNET ASSET MANAGEMENT INC 0.11% of their portfolio Berwyn, PA 8,928,1628.9m $407.6m $407.6m 0.11% Added +961.1k +961,150
11 UBS Group AG 0.07% of their portfolio ZURICH, V8 8,789,9868.8m $401.3m $401.3m 0.07% Added +393.9k +393,931
12 Betterment LLC 0.71% of their portfolio NEW YORK, NY 8,266,3358.3m $377.4m $377.4m 0.71% Added +851.6k +851,639
13 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 7,886,1877.9m $360.0m $360.0m 0.01% Reduced -571.3k -571,296
14 VANTAGEPOINT INVESTMENT ADVISERS LLC 2.46% of their portfolio WASHINGTON, DC 6,371,3136.4m $290.9m $290.9m 2.46% Added +45.3k +45,296
15 Nearwater Capital Markets, Ltd 6.50% of their portfolio NEW YORK, NY 6,039,2006.0m $275.7m $275.7m 6.50% New
16 COMMONWEALTH EQUITY SERVICES, LLC 0.37% of their portfolio WALTHAM, MA 5,726,1025.7m $261.4m $261.4m 0.37% Added +14.6k +14,589
17 STIFEL FINANCIAL CORP 0.22% of their portfolio ST. LOUIS, MO 5,153,5375.2m $235.3m $235.3m 0.22% Reduced -141.0k -141,004
18 Horizon Investments, LLC 2.44% of their portfolio Charlotte, NC 4,774,5054.8m $218.0m $218.0m 2.44% Reduced -31.2k -31,151
19 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 4,665,2944.7m $213.0m $213.0m 0.02% Reduced -2.3m -2,297,169
20 Mariner, LLC 0.24% of their portfolio Overland Park, KS 4,474,0434.5m $204.2m $204.2m 0.24% Reduced -185.0k -185,006
21 OSAIC HOLDINGS, INC. 0.29% of their portfolio SCOTTSDALE, AZ 4,407,0554.4m $201.2m $201.2m 0.29% Reduced -177.2k -177,181
22 HighTower Advisors, LLC 0.20% of their portfolio CHICAGO, IL 4,227,6834.2m $193.0m $193.0m 0.20% Added +268.2k +268,174
23 Advisory Alpha, LLC 5.11% of their portfolio HOLLAND, MI 4,093,0304.1m $186.8m $186.8m 5.11% Reduced -191.0k -190,957
24 RAYMOND JAMES FINANCIAL INC 0.06% of their portfolio ST. PETERSBURG, FL 3,988,0984.0m $182.1m $182.1m 0.06% Added +892.4k +892,416
25 Stadion Money Management, LLC 18.08% of their portfolio WATKINSVILLE, GA 3,938,2913.9m $179.8m $179.8m 18.08% Reduced -467.7k -467,730
26 BENJAMIN EDWARDS INC 1.76% of their portfolio Clayton, MO 3,875,0583.9m $176.9m $176.9m 1.76% Reduced -149.0k -149,041
27 Strategies Wealth Advisors, LLC 16.48% of their portfolio GRAND RAPIDS, MI 3,593,5513.6m $164.0m $164.0m 16.48% Added +27.2k +27,214
28 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 3,118,1823.1m $142.4m $142.4m 0.03% Added +370.1k +370,130
29 Clearstead Advisors, LLC 1.29% of their portfolio CLEVELAND, OH 3,100,3723.1m $141.5m $141.5m 1.29% Added +58.4k +58,391
30 TRUIST FINANCIAL CORP 0.18% of their portfolio CHARLOTTE, NC 2,929,5182.9m $133.7m $133.7m 0.18% Added +1.0m +1,002,634
31 VICUS CAPITAL 9.65% of their portfolio STATE COLLEGE, PA 2,876,1622.9m $131.3m $131.3m 9.65% Added +1.1m +1,082,267
32 Pathstone Holdings, LLC 0.52% of their portfolio ENGLEWOOD, NJ 2,875,5562.9m $131.3m $131.3m 0.52% Reduced -46.8k -46,752
33 Equitable Holdings, Inc. 0.78% of their portfolio NEW YORK, NY 2,716,5982.7m $120.6m $120.6m 0.78% Added +131.2k +131,178
34 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.07% of their portfolio MILWAUKEE, WI 2,666,3642.7m $121.7m $121.7m 0.07% Added +122.9k +122,903
35 JNBA Financial Advisors 9.53% of their portfolio BLOOMINGTON, MN 2,506,9932.5m $114.4m $114.4m 9.53% Added +249.5k +249,546
36 FLOW TRADERS U.S. LLC 3.60% of their portfolio NEW YORK, NY 2,493,0512.5m $113.8m $113.8m 3.60% New
37 AlphaCore Capital LLC 2.65% of their portfolio LA JOLLA, CA 2,448,6602.4m $111.8m $111.8m 2.65% Reduced -136.9k -136,862
38 Envestnet Portfolio Solutions, Inc. 0.62% of their portfolio BERWYN, PA 2,437,3022.4m $111.3m $111.3m 0.62% Reduced -221.6k -221,576
39 STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.08% of their portfolio BLOOMINGTON, IL 2,352,6702.4m $107.4m $107.4m 0.08% New
40 Gradient Investments LLC 1.60% of their portfolio ARDEN HILLS, MN 2,265,3192.3m $103.4m $103.4m 1.60% Added +79.4k +79,385
41 Cetera Investment Advisers 0.11% of their portfolio SCHAUMBURG, IL 2,259,9412.3m $103.2m $103.2m 0.11% Added +108.5k +108,548
42 SEI INVESTMENTS CO 0.09% of their portfolio OAKS, PA 2,254,9462.3m $102.9m $102.9m 0.09% Reduced -52.0k -51,956
43 Independent Advisor Alliance 1.10% of their portfolio CHARLOTTE, NC 2,236,0732.2m $102.1m $102.1m 1.10% Added +2.0m +2,048,123
44 GeoWealth Management, LLC 3.66% of their portfolio CHICAGO, IL 2,225,1922.2m $101.6m $101.6m 3.66% Reduced -6.7k -6,678
45 MML INVESTORS SERVICES, LLC 0.27% of their portfolio SPRINGFIELD, MA 2,154,3872.2m $98.3m $98.3m 0.27% Added +349.0k +348,972
46 McNamara Financial Services, Inc. 18.11% of their portfolio MARSHFIELD, MA 2,096,1492.1m $95.7m $95.7m 18.11% Reduced -51.4k -51,391
47 Cerity Partners LLC 0.14% of their portfolio NEW YORK, NY 2,090,4532.1m $95.4m $95.4m 0.14% Added +856.4k +856,350
48 Advocacy Wealth Management, LLC 4.19% of their portfolio ATLANTA, GA 2,076,3702.1m $94.8m $94.8m 4.19% Reduced -23.1k -23,062
49 AXXCESS WEALTH MANAGEMENT, LLC 3.01% of their portfolio CARLSBAD, CA 2,055,4592.1m $93.8m $93.8m 3.01% Added +1.0k +1,023
50 ASSETMARK, INC 0.19% of their portfolio CONCORD, CA 2,048,3612.0m $93.5m $93.5m 0.19% Reduced -180.3k -180,252
51 Private Advisor Group, LLC 0.43% of their portfolio MORRISTOWN, NJ 2,028,6562.0m $92.6m $92.6m 0.43% Added +15.7k +15,653
52 Capital Asset Advisory Services LLC 3.81% of their portfolio Williamston, MI 2,013,6622.0m $99.3m $99.3m 3.81% Added +31.1k +31,056
53 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,972,2882.0m $87.2m $87.2m 0.01% Added +135.5k +135,531
54 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,971,1242.0m $90.0m $90.0m 0.02% Added +199.9k +199,882
55 Dakota Wealth Management 1.94% of their portfolio PALM BEACH GARDENS, FL 1,957,2312.0m $89.3m $89.3m 1.94% Added +575.7k +575,683
56 CAPITOLIS LIQUID GLOBAL MARKETS LLC 0.57% of their portfolio NEW YORK, NY 1,949,5001.9m $89.0m $89.0m 0.57% First filing
57 EXCHANGE TRADED CONCEPTS, LLC 0.67% of their portfolio Oklahoma City, OK 1,912,2581.9m $87.3m $87.3m 0.67% Added +36.4k +36,447
58 Savant Capital, LLC 0.42% of their portfolio ROCKFORD, IL 1,910,1871.9m $87.2m $87.2m 0.42% Added +34.7k +34,705
59 Peterson Wealth Advisors, LLC 11.42% of their portfolio Orem, UT 1,880,4321.9m $85.8m $85.8m 11.42% Added +252.5k +252,527
60 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,839,1911.8m $84.0m $84.0m 0.02% Reduced -41.6k -41,566
61 Schneider Downs Wealth Management Advisors, LP 9.08% of their portfolio Pittsburgh, PA 1,804,7411.8m $82.4m $82.4m 9.08% Added +30.6k +30,650
62 AlphaStar Capital Management, LLC 6.05% of their portfolio CORNELIUS, NC 1,798,0751.8m $82.1m $82.1m 6.05% Reduced -171.6k -171,607
63 PARK AVENUE SECURITIES LLC 0.64% of their portfolio NEW YORK, NY 1,785,0541.8m $81.5m $81.5m 0.64% Added +53.1k +53,084
64 Corient Private Wealth LP 0.11% of their portfolio MIAMI, FL 1,693,1421.7m $77.3m $77.3m 0.11% Reduced -1.6m -1,557,117
65 DIVERSIFY WEALTH MANAGEMENT, LLC 1.38% of their portfolio SANDY, UT 1,615,9191.6m $77.2m $77.2m 1.38% Added +569.8k +569,801
66 Center for Financial Planning, Inc. 7.68% of their portfolio SOUTHFIED, MI 1,611,4621.6m $73.6m $73.6m 7.68% Added +1.6m +1,611,338
67 CONFLUENCE INVESTMENT MANAGEMENT LLC 1.13% of their portfolio ST. LOUIS, MO 1,592,4931.6m $72.7m $72.7m 1.13% Reduced -44.8k -44,789
68 HighPoint Advisor Group LLC 2.97% of their portfolio DOWNERS GROVE, IL 1,551,4341.6m $70.8m $70.8m 2.97% Added +76.5k +76,503
69 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 1,504,6121.5m $66.8m $66.8m 0.02% Added +214.5k +214,470
70 Rockefeller Capital Management L.P. 0.12% of their portfolio NEW YORK, NY 1,456,5051.5m $66.5m $66.5m 0.12% Reduced -3.6k -3,644
71 GREENLEAF TRUST 0.63% of their portfolio KALAMAZOO, MI 1,414,4531.4m $64.6m $64.6m 0.63% Added +297.8k +297,772
72 Facet Wealth, Inc. 1.10% of their portfolio WEST PALM BEACH, FL 1,388,9241.4m $63.4m $63.4m 1.10% Added +72.5k +72,548
73 Cambridge Investment Research Advisors, Inc. 0.16% of their portfolio FAIRFIELD, IA 1,387,9651.4m $63.4m $63.4m 0.16% Reduced -55.9k -55,921
74 Wealthcare Advisory Partners LLC 1.23% of their portfolio WEST CHESTER, PA 1,386,6981.4m $63.3m $63.3m 1.23% Added +112.9k +112,867
75 TRUEFG, LLC 16.68% of their portfolio CEDAR PARK, TX 1,378,2891.4m $62.9m $62.9m 16.68% Reduced -6.9k -6,919
76 Walkner Condon Financial Advisors LLC 7.61% of their portfolio MADISON, WI 1,264,2781.3m $57.7m $57.7m 7.61% Added +140.4k +140,395
77 Thrivent Financial for Lutherans 0.11% of their portfolio Minneapolis, MN 1,234,9961.2m $56.4m $56.4m 0.11% Reduced -1.4k -1,450
78 Stratos Wealth Partners, LTD. 0.63% of their portfolio BEACHWOOD, OH 1,222,4051.2m $55.8m $55.8m 0.63% Added +10.8k +10,780
79 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,218,7251.2m $55.6m $55.6m 0.00% Added +670.0k +669,960
80 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.12% of their portfolio PLYMOUTH, MN 1,187,2701.2m $54.7m $54.7m 0.12% Reduced -831.2k -831,173
81 Integrated Wealth Concepts LLC 0.43% of their portfolio WALTHAM, MA 1,180,9971.2m $53.9m $53.9m 0.43% Added +240.8k +240,849
82 Lifeworks Advisors, LLC 6.82% of their portfolio GRAND RAPIDS, MI 1,163,7371.2m $53.1m $53.1m 6.82% Added +23.1k +23,100
83 CGN Advisors LLC 4.19% of their portfolio MANHATTAN, KS 1,163,4221.2m $53.1m $53.1m 4.19% Reduced -22.4k -22,450
84 HALBERT HARGROVE GLOBAL ADVISORS, LLC 2.56% of their portfolio LONG BEACH, CA 1,156,0181.2m $52.8m $52.8m 2.56% Reduced -432.3k -432,317
85 Clearwater Capital Advisors, LLC 4.15% of their portfolio HOFFMAN ESTATES, IL 1,126,7381.1m $51.4m $51.4m 4.15% Added +23.5k +23,539
86 TTP Investments, Inc. 21.26% of their portfolio San Jose, CA 1,117,1021.1m $51.0m $51.0m 21.26% New
87 Global Strategic Investment Solutions, LLC 4.50% of their portfolio Scottsdale, AZ 1,002,4601.0m $45.8m $45.8m 4.50% Reduced -32.9k -32,878
88 TIAA TRUST, NATIONAL ASSOCIATION 2.71% of their portfolio CHARLOTTE, NC 976,726976.7k $44.6m $44.6m 2.71% Reduced -12.6m -12,618,642
89 Brio Consultants, LLC 5.87% of their portfolio SAN FRANCISCO, CA 976,036976.0k $48.0m $48.0m 5.87% Added +3.8k +3,752
90 Boston Standard Wealth Management, LLC 7.29% of their portfolio WINCHESTER, MA 959,770959.8k $44.5m $44.5m 7.29% Reduced -31.8k -31,822
91 Ballentine Partners, LLC 0.57% of their portfolio Waltham, MA 891,786891.8k $40.7m $40.7m 0.57% Added +4.8k +4,834
92 KWB Wealth 3.65% of their portfolio REDLANDS, CA 830,400830.4k $36.9m $36.9m 3.65% Reduced -69.3k -69,312
93 TSG Advice Partners, LLC 5.67% of their portfolio COLUMBUS, OH 828,748828.7k $37.8m $37.8m 5.67% New
94 MAI Capital Management 0.21% of their portfolio INDEPENDENCE, OH 826,336826.3k $37.7m $37.7m 0.21% Added +11.3k +11,312
95 IFP Advisors, Inc 0.78% of their portfolio TAMPA, FL 825,847825.8k $37.7m $37.7m 0.78% Added +31.3k +31,259
96 Aptus Capital Advisors, LLC 0.31% of their portfolio FAIRHOPE, AL 812,605812.6k $37.1m $37.1m 0.31% Added +24.0k +23,959
97 ProVise Management Group, LLC 2.62% of their portfolio CLEARWATER, FL 798,533798.5k $36.5m $36.5m 2.62% Added +10.2k +10,229
98 Garrett Wealth Advisory Group, LLC 6.44% of their portfolio WEATHERFORD, TX 793,276793.3k $36.2m $36.2m 6.44% Reduced -18.1k -18,073
99 Beacon Pointe Advisors, LLC 0.19% of their portfolio NEWPORT BEACH, CA 791,394791.4k $36.1m $36.1m 0.19% Added +133.3k +133,342
100 Geneos Wealth Management Inc. 0.82% of their portfolio ENGLEWOOD, CO 771,055771.1k $35.2m $35.2m 0.82% Added +15.7k +15,738