Vault-13

SPDR SER TR SPBO

PORTFOLIO CRPORT · ETP · CUSIP 78464A144

173 institutional holders +3 vs Q4 2025
46,156,28546.2m shares reported held*
$1.3bnreported value*
23 new 81 added 42 reduced 18 sold out net bought ≈ $99.8m (+3.4m 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 ($596.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $29.03.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 61Q4 22: 82Q1 23: 93Q2 23: 98Q3 23: 107Q4 23: 124Q1 24: 129Q2 24: 134Q3 24: 147Q4 24: 153Q1 25: 163Q2 25: 156Q3 25: 171Q4 25: 170Q1 26: 173173Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202261
Q4 202282
Q1 202393
Q2 202398
Q3 2023107
Q4 2023124
Q1 2024129
Q2 2024134
Q3 2024147
Q4 2024153
Q1 2025163
Q2 2025156
Q3 2025171
Q4 2025170
Q1 2026173

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 24: 70 bought or addedQ2 24: 67 cut or sold outQ3 24: 90 bought or addedQ3 24: 49 cut or sold outQ3 24Q4 24: 86 bought or addedQ4 24: 58 cut or sold outQ1 25: 82 bought or addedQ1 25: 68 cut or sold outQ1 25Q2 25: 67 bought or addedQ2 25: 82 cut or sold outQ3 25: 98 bought or addedQ3 25: 49 cut or sold outQ3 25Q4 25: 95 bought or addedQ4 25: 68 cut or sold outQ1 26: 104 bought or addedQ1 26: 60 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20247067
Q3 20249049
Q4 20248658
Q1 20258268
Q2 20256782
Q3 20259849
Q4 20259568
Q1 202610460

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ2 25 calls: $265.9kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $3.7mQ3 25 puts: $26.9mQ3 25P/C 7.31Q4 25 calls: $35.0mQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$265.9k$00.00
Q3 2025$3.7m$26.9m7.31
Q4 2025$35.0m$00.00
Q1 2026$0$0—

Biggest buyers

Gerber Kawasaki Wealth & Investment Management Added +1,309,658+1.3m
CoreCap Advisors, LLC Added +717,231+717.2k
ASSETMARK, INC Added +694,327+694.3k
NEPC LLC Added +465,446+465.4k
FLAGSHIP HARBOR ADVISORS, LLC New +393,741+393.7k
Procyon Advisors, LLC Added +247,084+247.1k
JANE STREET GROUP, LLC New +211,771+211.8k
Tidemark, LLC New +157,503+157.5k
AE Wealth Management LLC Added +145,679+145.7k
JPMORGAN CHASE & CO Added +112,664+112.7k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -517,348-517.3k
MORGAN STANLEY Reduced -459,612-459.6k
Enstar Group LTD Sold out -276,400-276.4k
Tradewinds Capital Management, LLC Reduced -253,080-253.1k
Asset Management One Co., Ltd. Reduced -175,000-175.0k
ST GERMAIN D J CO INC Reduced -158,174-158.2k
RWA WEALTH PARTNERS, LLC Reduced -97,857-97.9k
GOLDMAN SACHS GROUP INC Sold out -81,581-81.6k
LPL Financial LLC Reduced -79,079-79.1k
CITADEL ADVISORS LLC Sold out -59,841-59.8k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 8,036,9508.0m $233.3m $233.3m 0.05% Added +9.9k +9,949
2 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 2,950,0413.0m $85.6m $85.6m 0.02% Reduced -79.1k -79,079
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,252,4922.3m $65.4m $65.4m 0.00% Reduced -517.3k -517,348
4 ASSETMARK, INC 0.13% of their portfolio CONCORD, CA 2,170,2352.2m $63.0m $63.0m 0.13% Added +694.3k +694,327
5 AE Wealth Management LLC 0.33% of their portfolio TOPEKA, KS 2,120,5792.1m $61.6m $61.6m 0.33% Added +145.7k +145,679
6 CX Institutional 1.82% of their portfolio AUBURN, IN 2,053,0332.1m $59.6m $59.6m 1.82% Added +41.7k +41,733
7 ST GERMAIN D J CO INC 2.27% of their portfolio SPRINGFIELD, MA 1,975,7482.0m $57.4m $57.4m 2.27% Reduced -158.2k -158,174
8 Procyon Advisors, LLC 2.48% of their portfolio SHELTON, CT 1,740,7561.7m $50.5m $50.5m 2.48% Added +247.1k +247,084
9 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 1,566,7721.6m $45.5m $45.5m 0.07% Added +25.3k +25,296
10 Gerber Kawasaki Wealth & Investment Management 1.40% of their portfolio SANTA MONICA, CA 1,513,4111.5m $44.0m $44.0m 1.40% Added +1.3m +1,309,658
11 EXCHANGE TRADED CONCEPTS, LLC 0.32% of their portfolio Oklahoma City, OK 1,437,4821.4m $41.7m $41.7m 0.32% Added +63.9k +63,862
12 Summit Financial Wealth Advisors, LLC 4.64% of their portfolio Lafayette, LA 1,126,7881.1m $32.7m $32.7m 4.64% Added +99.1k +99,072
13 North Dakota State Investment Board 1.37% of their portfolio BISMARCK, ND 1,089,0681.1m $31.6m $31.6m 1.37% Unchanged
14 Geneos Wealth Management Inc. 0.68% of their portfolio ENGLEWOOD, CO 1,014,6371.0m $29.5m $29.5m 0.68% Added +22.8k +22,833
15 RWA WEALTH PARTNERS, LLC 0.30% of their portfolio BOSTON, MA 951,457951.5k $27.6m $27.6m 0.30% Reduced -97.9k -97,857
16 ARKANSAS FINANCIAL GROUP, INC. 3.56% of their portfolio LITTLE ROCK, AR 877,107877.1k $25.5m $25.5m 3.56% Added +57.0k +56,954
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 856,986857.0k $24.9m $24.9m 0.00% Reduced -459.6k -459,612
18 Flaharty Asset Management, LLC 2.69% of their portfolio CLEARWATER, FL 746,259746.3k $21.7m $21.7m 2.69% Added +9.6k +9,573
19 CoreCap Advisors, LLC 0.72% of their portfolio SOUTHFIELD, MI 727,245727.2k $21.1m $21.1m 0.72% Added +717.2k +717,231
20 NEPC LLC 0.42% of their portfolio Boston, MA 724,227724.2k $21.0m $21.0m 0.42% Added +465.4k +465,446
21 Sterling Manor Financial, LLC 12.21% of their portfolio Saratoga Springs, NY 672,350672.4k $19.5m $19.5m 12.21% Added +39.5k +39,493
22 Financial Engines Advisors L.L.C. 0.03% of their portfolio SANTA CLARA, CA 582,061582.1k $16.9m $16.9m 0.03% Added +15.4k +15,353
23 Mariner, LLC 0.02% of their portfolio Overland Park, KS 520,981521.0k $15.1m $15.1m 0.02% Reduced -22.9k -22,875
24 Tradewinds Capital Management, LLC 2.89% of their portfolio BELLINGHAM, WA 502,038502.0k $14.6m $14.6m 2.89% Reduced -253.1k -253,080
25 Financial Gravity Asset Management, Inc. 2.28% of their portfolio Lakeway, TX 442,070442.1k $12.8m $12.8m 2.28% Added +16.8k +16,811
26 FLAGSHIP HARBOR ADVISORS, LLC 0.50% of their portfolio BOSTON, MA 393,741393.7k $11.4m $11.4m 0.50% New
27 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 393,249393.2k $11.4m $11.4m 0.00% Added +75.6k +75,587
28 IHT Wealth Management, LLC 0.26% of their portfolio Chicago, IL 387,713387.7k $11.3m $11.3m 0.26% Reduced -1.7k -1,677
29 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 340,386340.4k $9.9m $9.9m 0.00% Added +78.2k +78,224
30 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 314,391314.4k $9.1m $9.1m 0.02% Added +20.4k +20,355
31 Valmark Advisers, Inc. 0.11% of their portfolio AKRON, OH 308,596308.6k $9.0m $9.0m 0.11% Reduced -49.9k -49,860
32 HighPoint Advisor Group LLC 0.32% of their portfolio DOWNERS GROVE, IL 259,097259.1k $7.5m $7.5m 0.32% Added +103.6k +103,565
33 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 239,054239.1k $6.9m $6.9m 0.00% Added +112.7k +112,664
34 Foundations Investment Advisors, LLC 0.08% of their portfolio PHOENIX, AZ 235,629235.6k $6.8m $6.8m 0.08% Added +62.8k +62,836
35 CWM, LLC 0.02% of their portfolio OMAHA, NE 215,712215.7k $6.3m $6.3m 0.02% Reduced -15.8k -15,820
36 Breakwater Capital Group 0.83% of their portfolio PARAMUS, NJ 212,279212.3k $6.2m $6.2m 0.83% Added +12.2k +12,160
37 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 211,771211.8k $6.1m $6.1m 0.01% New
38 Jacobi Capital Management LLC 0.33% of their portfolio PITTSTON, PA 201,456201.5k $5.8m $5.8m 0.33% Added +25.2k +25,153
39 NorthRock Partners, LLC 0.09% of their portfolio MINNEAPOLIS, MN 192,498192.5k $5.6m $5.6m 0.09% Added +28.5k +28,514
40 Asset Management One Co., Ltd. 0.02% of their portfolio TOKYO, M0 177,430177.4k $5.2m $5.2m 0.02% Reduced -175.0k -175,000
41 Melone Private Wealth, LLC 1.99% of their portfolio AUBURN HILLS, MI 167,806167.8k $4.9m $4.9m 1.99% Added +147 +147
42 Tidemark, LLC 1.16% of their portfolio SAN DIEGO, CA 157,503157.5k $4.6m $4.6m 1.16% New
43 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio Stamford, CT 157,191157.2k $4.6m $4.6m 0.02% Added +43.8k +43,830
44 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 148,925148.9k $4.3m $4.3m 0.00% Added +24.5k +24,518
45 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 148,144148.1k $4.3m $4.3m 0.02% Added +5.9k +5,910
46 5th Street Advisors, LLC 1.49% of their portfolio Southport, CT 118,039118.0k $3.4m $3.4m 1.49% Reduced -16.8k -16,822
47 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 116,530116.5k $3.4m $3.4m 0.01% Reduced -29.2k -29,159
48 Banque Transatlantique SA 0.08% of their portfolio PARIS, I0 107,967108.0k $3.1m $3.1m 0.08% New
49 RITHOLTZ WEALTH MANAGEMENT 0.05% of their portfolio NEW YORK, NY 100,235100.2k $2.9m $2.9m 0.05% Added +19.5k +19,451
50 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 99,91799.9k $2.9m $2.9m 0.00% Added +46.5k +46,511
51 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 83,80083.8k $2.4m $2.4m 0.00% Added +7.9k +7,945
52 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 79,80979.8k $2.3m $2.3m 0.00% Added +57.3k +57,349
53 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 77,28377.3k $2.2m $2.2m 0.00% Added +7.1k +7,104
54 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 73,95374.0k $2.1m $2.1m 0.00% Added +20.0k +20,006
55 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 73,65373.7k $2.1m $2.1m 0.00% Added +4.3k +4,320
56 TOUNJIAN ADVISORY PARTNERS, LLC 0.77% of their portfolio FORT MYERS, FL 73,43073.4k $2.1m $2.1m 0.77% Reduced -2.1k -2,124
57 Independent Advisor Alliance 0.02% of their portfolio CHARLOTTE, NC 71,67371.7k $2.1m $2.1m 0.02% New
58 Center For Asset Management LLC 0.83% of their portfolio PALM BEACH GARDENS, FL 57,39257.4k $1.7m $1.7m 0.83% Added +19.0k +19,022
59 David Kennon Inc 0.58% of their portfolio SARASOTA, FL 55,94655.9k $1.6m $1.6m 0.58% Reduced -359 -359
60 Strategic Investment Advisors / MI 0.11% of their portfolio FARMINGTON HILLS, MI 53,19053.2k $1.5m $1.5m 0.11% Added +20.1k +20,139
61 World Investment Advisors 0.02% of their portfolio LINCROFT, NJ 52,77752.8k $1.5m $1.5m 0.02% Added +4.4k +4,397
62 Compound Planning, Inc. 0.05% of their portfolio NEW YORK, NY 52,62352.6k $1.5m $1.5m 0.05% Added +26.9k +26,901
63 Transamerica Financial Advisors, LLC 0.12% of their portfolio CEDAR RAPIDS, IA 50,12750.1k $1.5m $1.5m 0.12% Reduced -2.8k -2,848
64 National Wealth Management Group, LLC 0.54% of their portfolio CINCINNATI, OH 49,94249.9k $1.4m $1.4m 0.54% Added +29.8k +29,808
65 LEVEL FOUR ADVISORY SERVICES, LLC 0.05% of their portfolio DALLAS, TX 49,16949.2k $1.4m $1.4m 0.05% Added +1.7k +1,716
66 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 46,89346.9k $1.4m $1.4m 0.00% Unchanged
67 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 44,39644.4k $1.3m $1.3m 0.00% Added +16.3k +16,344
68 Quadrant Private Wealth Management, LLC 0.18% of their portfolio Center Valley, PA 40,85640.9k $1.2m $1.2m 0.18% Reduced -696 -696
69 Advisor Resource Council 0.44% of their portfolio DALLAS, TX 38,03038.0k $1.1m $1.1m 0.44% Added +5.7k +5,722
70 Elevated Capital Advisors, LLC 0.27% of their portfolio SANDY, UT 36,88036.9k $1.1m $1.1m 0.27% Reduced -6.9k -6,924
71 ZACKS INVESTMENT MANAGEMENT 0.01% of their portfolio Chicago, IL 36,04336.0k $1.0m $1.0m 0.01% Reduced -11.2k -11,211
72 Savant Capital, LLC 0.00% of their portfolio ROCKFORD, IL 35,61035.6k $1.0m $1.0m 0.00% Reduced -2.0k -2,044
73 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 34,80434.8k $1.0m $1.0m 0.00% Added +623 +623
74 Keystone Wealth Services, LLC 0.21% of their portfolio PALM DESERT, CA 33,82833.8k $982.0k $982.0k 0.21% New
75 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 32,77232.8k $951.4k $951.4k 0.00% Reduced -32.2k -32,162
76 Florida Trust Wealth Management Co 0.02% of their portfolio SANIBEL, FL 30,00030.0k $870.9k $870.9k 0.02% Unchanged
77 CreativeOne Wealth, LLC 0.02% of their portfolio OVERLAND PARK, KS 29,30529.3k $850.7k $850.7k 0.02% Added +1.7k +1,677
78 ShoreHaven Wealth Partners, LLC 0.29% of their portfolio Red Bank, NJ 27,52827.5k $799.1k $799.1k 0.29% Reduced -495 -495
79 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 26,14226.1k $758.9k $758.9k 0.00% Added +1.6k +1,624
80 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 25,83125.8k $749.9k $749.9k 0.00% New
81 Alesco Advisors, LLC, An ESL Co 0.02% of their portfolio Pittsford, NY 24,41024.4k $708.6k $708.6k 0.02% Reduced -685 -685
82 INVENIO WEALTH PARTNERS LLC 0.25% of their portfolio CORAL GABLES, FL 21,37721.4k $620.6k $620.6k 0.25% Unchanged
83 Betterment LLC 0.00% of their portfolio NEW YORK, NY 20,18420.2k $586.0k $586.0k 0.00% Added +11.2k +11,229
84 Laraway Financial Advisors Inc 0.41% of their portfolio SAINT CLOUD, MN 20,10420.1k $583.6k $583.6k 0.41% Added +102 +102
85 Ashton Thomas Private Wealth, LLC 0.01% of their portfolio SCOTTSDALE, AZ 19,88619.9k $577.3k $577.3k 0.01% Reduced -1.9k -1,926
86 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 19,52419.5k $566.8k $566.8k 0.00% Reduced -4.8k -4,767
87 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.00% of their portfolio CHARLOTTE, NC 19,52019.5k $566.7k $566.7k 0.00% First filing
88 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 18,45218.5k $535.6k $535.6k 0.00% Added +4.1k +4,131
89 Detalus Advisors, LLC 0.11% of their portfolio ST. LOUIS, MO 16,03516.0k $465.5k $465.5k 0.11% Reduced -1.5k -1,530
90 Gateway Wealth Partners, LLC 0.02% of their portfolio APPLETON, WI 15,82015.8k $459.3k $459.3k 0.02% New
91 Sanchez Levi Garrett 0.29% of their portfolio BELLEVUE, WA 15,69215.7k $455.5k $455.5k 0.29% First filing
92 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 15,50515.5k $450.1k $450.1k 0.00% Added +60 +60
93 Ascent Group, LLC 0.01% of their portfolio VIRGINIA BEACH, VA 14,56114.6k $422.7k $422.7k 0.01% Added +2.4k +2,359
94 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 14,55214.6k $422.0k $422.0k 0.00% Reduced -4.8k -4,776
95 Breakwater Investment Management 0.15% of their portfolio SEATTLE, WA 13,96614.0k $405.4k $405.4k 0.15% Added +1.6k +1,634
96 ARRIEN INVESTMENTS, INC. 0.22% of their portfolio BOISE, ID 13,78513.8k $400.2k $400.2k 0.22% Added +617 +617
97 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 13,35813.4k $387.8k $387.8k 0.00% Added +565 +565
98 Rice Partnership, LLC 0.05% of their portfolio HONOLULU, HI 13,35613.4k $387.7k $387.7k 0.05% Unchanged
99 Keystone Financial Group 0.03% of their portfolio LEXINGTON, KY 13,30813.3k $386.3k $386.3k 0.03% Added +1.8k +1,807
100 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 12,99513.0k $377.3k $377.3k 0.00% Unchanged