Vault-13

SPDR SERIES TRUST VLU

SPDR S&P1500VL · ETP · CUSIP 78464A128

118 institutional holders +13 vs Q1 2026
2,215,8362.2m shares reported held*
$527.6mreported value*
17 new 47 added 32 reduced 4 sold out net bought ≈ $44.5m (+186.9k 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. Holder counts are more reliable. Implied quarter-end price ≈ $238.12.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 47Q4 22: 57Q1 23: 54Q2 23: 54Q3 23: 55Q4 23: 61Q1 24: 65Q2 24: 67Q3 24: 73Q4 24: 81Q1 25: 84Q2 25: 90Q3 25: 92Q4 25: 94Q1 26: 105Q2 26: 118118Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202247
Q4 202257
Q1 202354
Q2 202354
Q3 202355
Q4 202361
Q1 202465
Q2 202467
Q3 202473
Q4 202481
Q1 202584
Q2 202590
Q3 202592
Q4 202594
Q1 2026105
Q2 2026118

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 39 bought or addedQ3 24: 28 cut or sold outQ4 24: 38 bought or addedQ4 24: 25 cut or sold outQ4 24Q1 25: 52 bought or addedQ1 25: 21 cut or sold outQ2 25: 41 bought or addedQ2 25: 31 cut or sold outQ2 25Q3 25: 49 bought or addedQ3 25: 34 cut or sold outQ4 25: 46 bought or addedQ4 25: 35 cut or sold outQ4 25Q1 26: 58 bought or addedQ1 26: 29 cut or sold outQ2 26: 64 bought or addedQ2 26: 36 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20243928
Q4 20243825
Q1 20255221
Q2 20254131
Q3 20254934
Q4 20254635
Q1 20265829
Q2 20266436

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ3 25 calls: $0Q3 25 puts: $204.1kQ3 25P/C —Q4 25 calls: $0Q4 25 puts: $38.4mQ4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $0Q2 26 puts: $0Q2 26P/C —
Numbers
QuarterCallsPutsP/C
Q3 2025$0$204.1k—
Q4 2025$0$38.4m—
Q1 2026$0$0—
Q2 2026$0$0—

Biggest buyers

Cambridge Investment Research Advisors, Inc. Added +112,681+112.7k
MORGAN STANLEY Added +10,994+11.0k
Nadler Financial Group, Inc. Added +9,390+9.4k
Private Advisor Group, LLC Added +9,164+9.2k
RAFFA WEALTH MANAGEMENT, LLC Added +8,974+9.0k
OSAIC HOLDINGS, INC. Added +8,456+8.5k
Ameritas Advisory Services, LLC Added +7,520+7.5k
PNC Financial Services Group, Inc. New +4,795+4.8k
RAYMOND JAMES FINANCIAL INC Added +4,677+4.7k
ROYAL BANK OF CANADA Added +3,854+3.9k

Biggest sellers

Roger Wittlin Investment Advisory, LLC Reduced -8,368-8.4k
Independent Advisor Alliance Sold out -7,621-7.6k
MAI Capital Management Reduced -4,426-4.4k
Kestra Advisory Services, LLC Reduced -2,639-2.6k
GREAT VALLEY ADVISOR GROUP, INC. Reduced -2,638-2.6k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -2,583-2.6k
Elevation Advisory Partners LLC Sold out -2,330-2.3k
Henderson Brothers Financial Partners, LLC Reduced -2,109-2.1k
Equitable Holdings, Inc. Reduced -1,479-1.5k
ENVESTNET ASSET MANAGEMENT INC Reduced -1,430-1.4k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 425,520425.5k $101.4m $101.4m 0.02% Reduced -195 -195
2 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 225,656225.7k $53.8m $53.8m 0.06% Added +112.7k +112,681
3 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 143,736143.7k $34.2m $34.2m 0.01% Added +277 +277
4 Nadler Financial Group, Inc. 2.66% of their portfolio DEERFIELD, IL 131,660131.7k $31.4m $31.4m 2.66% Added +9.4k +9,390
5 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 106,043106.0k $25.3m $25.3m 0.03% Added +8.5k +8,456
6 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 104,466104.5k $24.9m $24.9m 0.01% Reduced -1.4k -1,430
7 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 103,727103.7k $24.7m $24.7m 0.01% Added +4.7k +4,677
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 69,57269.6k $16.6m $16.6m 0.00% Added +145 +145
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 66,71066.7k $15.9m $15.9m 0.00% Added +11.0k +10,994
10 Systelligence, LLC 2.46% of their portfolio BLOOMINGTON, MN 61,83161.8k $14.7m $14.7m 2.46% Added +3.1k +3,134
11 RFG - Bristol Wealth Advisors, LLC 3.26% of their portfolio TAUNTON, MA 56,55356.6k $13.5m $13.5m 3.26% Added +3.0k +2,978
12 MAI Capital Management 0.05% of their portfolio INDEPENDENCE, OH 53,39853.4k $12.7m $12.7m 0.05% Reduced -4.4k -4,426
13 Compass Financial Services Inc 4.36% of their portfolio WEST DES MOINES, IA 48,95149.0k $11.7m $11.7m 4.36% Added +1.8k +1,796
14 ABSOLUTE CAPITAL MANAGEMENT, LLC 2.82% of their portfolio Pittsburgh, PA 47,45347.5k $11.3m $11.3m 2.82% Added +403 +403
15 Graney & King, LLC 3.24% of their portfolio LATHAM, NY 37,86837.9k $9.0m $9.0m 3.24% Added +1.6k +1,560
16 Stratos Wealth Advisors, LLC 0.42% of their portfolio BEACHWOOD, OH 32,48532.5k $7.7m $7.7m 0.42% Reduced -136 -136
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 31,01731.0k $7.4m $7.4m 0.00% Added +456 +456
18 ShoreHaven Wealth Partners, LLC 2.18% of their portfolio Red Bank, NJ 29,02829.0k $6.9m $6.9m 2.18% Reduced -173 -173
19 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 27,94327.9k $6.7m $6.7m 0.01% Added +660 +660
20 J.W. COLE ADVISORS, INC. 0.10% of their portfolio TAMPA, FL 24,86224.9k $5.9m $5.9m 0.10% Added +92 +92
21 USAdvisors Wealth Management, LLC 1.51% of their portfolio EDEN PRAIRIE, MN 22,04922.0k $5.3m $5.3m 1.51% Reduced -561 -561
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 19,49419.5k $4.6m $4.6m 0.00% Added +3.9k +3,854
23 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 18,26618.3k $4.4m $4.4m 0.00% Reduced -2.6k -2,583
24 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 17,66917.7k $4.2m $4.2m 0.01% Added +3.3k +3,314
25 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 17,37717.4k $4.1m $4.1m 0.02% Added +9.2k +9,164
26 Roger Wittlin Investment Advisory, LLC 2.43% of their portfolio San Francisco, CA 12,97613.0k $3.1m $3.1m 2.43% Reduced -8.4k -8,368
27 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 12,29812.3k $2.9m $2.9m 0.00% Reduced -1.4k -1,357
28 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 12,24012.2k $2.9m $2.9m 0.01% Added +1.7k +1,700
29 THOROUGHBRED FINANCIAL SERVICES, LLC 0.14% of their portfolio BRENTWOOD, TN 11,84811.8k $2.8m $2.8m 0.14% Added +2.0k +1,961
30 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 11,26011.3k $2.7m $2.7m 0.00% Reduced -202 -202
31 Stratos Wealth Partners, LTD. 0.03% of their portfolio BEACHWOOD, OH 10,89510.9k $2.6m $2.6m 0.03% Added +1.0k +1,030
32 MONEY CONCEPTS CAPITAL CORP 0.11% of their portfolio PALM BEACH GARDENS, FL 9,7399.7k $2.3m $2.3m 0.11% Reduced -310 -310
33 Ameritas Advisory Services, LLC 0.05% of their portfolio Lincoln, NE 9,5989.6k $2.3m $2.3m 0.05% Added +7.5k +7,520
34 RAFFA WEALTH MANAGEMENT, LLC 0.28% of their portfolio WASHINGTON, DC 9,2519.3k $2.2m $2.2m 0.28% Added +9.0k +8,974
35 FORONJY FINANCIAL LLC 0.77% of their portfolio Los Osos, CA 8,7558.8k $2.1m $2.1m 0.77% Reduced -4 -4
36 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 8,3778.4k $2.0m $2.0m 0.01% Reduced -274 -274
37 SHELTON CAPITAL MANAGEMENT 0.04% of their portfolio Denver, CO 8,1738.2k $1.9m $1.9m 0.04% Added +939 +939
38 World Investment Advisors 0.03% of their portfolio LINCROFT, NJ 8,1198.1k $1.8m $1.8m 0.03% Added +133 +133
39 Smartleaf Asset Management LLC 0.06% of their portfolio BOSTON, MA 8,0538.1k $1.9m $1.9m 0.06% Unchanged
40 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 6,4176.4k $1.5m $1.5m 0.00% Reduced -1.2k -1,198
41 GTS SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 6,2686.3k $1.5m $1.5m 0.03% Reduced -1 -1
42 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 6,2166.2k $1.5m $1.5m 0.00% Reduced -947 -947
43 CoreCap Advisors, LLC 0.04% of their portfolio SOUTHFIELD, MI 5,8065.8k $1.4m $1.4m 0.04% Added +174 +174
44 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 5,1415.1k $1.2m $1.2m 0.01% Reduced -215 -215
45 Aspire Capital Advisors LLC 0.23% of their portfolio SEATTLE, WA 5,0285.0k $1.2m $1.2m 0.23% Added +3.5k +3,545
46 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 4,7954.8k $1.1m $1.1m 0.00% New
47 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 4,7764.8k $1.1m $1.1m 0.00% Added +3.0k +3,025
48 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 4,7604.8k $1.1m $1.1m 0.01% Reduced -1.5k -1,479
49 HighPoint Advisor Group LLC 0.04% of their portfolio DOWNERS GROVE, IL 4,6034.6k $1.1m $1.1m 0.04% Added +422 +422
50 Global Retirement Partners, LLC 0.02% of their portfolio San Rafael, CA 4,2484.2k $1.0m $1.0m 0.02% First filing
51 Keystone Wealth Services, LLC 0.18% of their portfolio PALM DESERT, CA 4,1614.2k $991.3k $991.3k 0.18% Reduced -229 -229
52 MOR Wealth Management, LLC 0.34% of their portfolio PHILADELPHIA, PA 3,6073.6k $859.2k $859.2k 0.34% Unchanged
53 SAXON INTERESTS, INC. 0.23% of their portfolio HOUSTON, TX 3,5153.5k $837.3k $837.3k 0.23% Reduced -151 -151
54 HUB Investment Partners, LLC 0.02% of their portfolio AUSTIN, TX 3,5063.5k $835.2k $835.2k 0.02% New
55 LEVEL FOUR ADVISORY SERVICES, LLC 0.02% of their portfolio DALLAS, TX 3,5013.5k $834.1k $834.1k 0.02% Reduced -10 -10
56 Comprehensive Financial Planning, Inc./PA 0.41% of their portfolio EAST PETERSBURG, PA 3,2663.3k $778.0k $778.0k 0.41% Reduced -60 -60
57 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 3,1333.1k $746.3k $746.3k 0.00% Unchanged
58 Waterloo Capital, L.P. 0.04% of their portfolio AUSTIN, TX 3,1083.1k $740.3k $740.3k 0.04% Added +218 +218
59 Opulen Financial Group LLC 0.45% of their portfolio ARLINGTON, VA 2,9763.0k $709.0k $709.0k 0.45% Added +12 +12
60 Henderson Brothers Financial Partners, LLC 0.33% of their portfolio PITTSBURGH, PA 2,9372.9k $699.6k $699.6k 0.33% Reduced -2.1k -2,109
61 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 2,8442.8k $677.4k $677.4k 0.01% Added +235 +235
62 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 2,7652.8k $658.7k $658.7k 0.00% Reduced -2.6k -2,639
63 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 2,2672.3k $540.0k $540.0k 0.01% Added +163 +163
64 Capital Square, LLC 0.24% of their portfolio ATHENS, TN 2,2562.3k $544.1k $544.1k 0.24% Added +177 +177
65 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 2,1892.2k $521.9k $521.9k 0.00% Added +801 +801
66 Western Wealth Management, LLC 0.02% of their portfolio GOLDEN, CO 2,1372.1k $509.1k $509.1k 0.02% Reduced -383 -383
67 Keystone Financial Group 0.03% of their portfolio LEXINGTON, KY 2,0372.0k $485.3k $485.3k 0.03% Reduced -16 -16
68 GREAT VALLEY ADVISOR GROUP, INC. 0.01% of their portfolio WILMINGTON, DE 1,9101.9k $454.9k $454.9k 0.01% Reduced -2.6k -2,638
69 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 1,8801.9k $447.9k $447.9k 0.00% Added +81 +81
70 FMR LLC 0.00% of their portfolio BOSTON, MA 1,8111.8k $431.4k $431.4k 0.00% Added +882 +882
71 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 1,8111.8k $431.4k $431.4k 0.00% Unchanged
72 Compass Planning Associates Inc 0.22% of their portfolio GREENFIELD, MA 1,7311.7k $412.3k $412.3k 0.22% Added +8 +8
73 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 1,7201.7k $409.7k $409.7k 0.00% New
74 Savant Capital, LLC 0.00% of their portfolio ROCKFORD, IL 1,7051.7k $386.4k $386.4k 0.00% New
75 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 1,6961.7k $409.0k $409.0k 0.00% Added +62 +62
76 Argyle Capital Partners, LLC 0.23% of their portfolio LOS ANGELES, CA 1,5631.6k $372.3k $372.3k 0.23% Unchanged
77 Flagship Private Wealth, LLC 0.12% of their portfolio Woburn, MA 1,4541.5k $346.3k $346.3k 0.12% Unchanged
78 COFG Advisors, LLC 0.06% of their portfolio OAK BROOK, IL 1,4461.4k $344.4k $344.4k 0.06% Added +6 +6
79 Avant Capital LLC 0.21% of their portfolio LAFAYETTE, LA 1,4311.4k $340.9k $340.9k 0.21% Added +1 +1
80 SAX WEALTH ADVISORS, LLC 0.01% of their portfolio PARSIPPANY, NJ 1,4171.4k $304.6k $304.6k 0.01% New
81 AdvisorNet Financial, Inc 0.01% of their portfolio MINNETONKA, MN 1,2701.3k $302.5k $302.5k 0.01% Added +235 +235
82 PRIVATE TRUST CO NA 0.02% of their portfolio CLEVELAND, OH 1,2431.2k $296.1k $296.1k 0.02% Unchanged
83 FLAGSHIP WEALTH ADVISORS, LLC 0.07% of their portfolio WAKEFIELD, MA 1,2421.2k $295.9k $295.9k 0.07% New
84 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 1,2001.2k $285.8k $285.8k 0.00% New
85 Dynamic Advisor Solutions LLC 0.01% of their portfolio PHOENIX, AZ 1,1771.2k $280.3k $280.3k 0.01% Added +49 +49
86 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 1,1411.1k $271.8k $271.8k 0.00% New
87 LANARK FINANCIAL, INC. 0.02% of their portfolio BIRMINGHAM, AL 1,0861.1k $258.7k $258.7k 0.02% Added +188 +188
88 Csenge Advisory Group 0.01% of their portfolio CLEARWATER, FL 1,0531.1k $250.8k $250.8k 0.01% Added +103 +103
89 StoneX Group Inc. 0.01% of their portfolio NEW YORK, NY 1,0221.0k $242.5k $242.5k 0.01% New
90 Pacific Sun Financial Corp 0.10% of their portfolio LOS ANGELES, CA 990990 $235.8k $235.8k 0.10% Unchanged
91 Focus Financial Network, Inc. 0.01% of their portfolio MINNEAPOLIS, MN 990990 $235.8k $235.8k 0.01% New
92 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 940940 $223.9k $223.9k 0.00% Unchanged
93 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 884884 $210.5k $210.5k 0.00% Reduced -70 -70
94 Professional Financial Advisors, LLC 0.04% of their portfolio NORTH PLATTE, NE 870870 $207.3k $207.3k 0.04% New
95 Hilltop Holdings Inc. 0.02% of their portfolio DALLAS, TX 857857 $204.0k $204.0k 0.02% New
96 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 851851 $202.7k $202.7k 0.00% New
97 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 650650 $154.9k $154.9k 0.00% New
98 CENTAURUS FINANCIAL, INC. 0.01% of their portfolio ANAHEIM, CA 615615 $146.0k $146.0k 0.01% New
99 Golden State Wealth Management, LLC 0.01% of their portfolio SANTA ANA, CA 566566 $134.9k $134.9k 0.01% New
100 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 354354 $84.3k $84.3k 0.00% Added +35 +35