Vault-13

SPDR SERIES TRUST SLYG

S&P 600 SMCP GRW · ETP · CUSIP 78464A201

487 institutional holders -1 vs Q2 2025
25,579,85725.6m shares reported held*
$2.4bnreported value*
37 new 188 added 177 reduced 31 sold out net bought ≈ $82.5m (+1.2m 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 ($2.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $92.77. Options: 2 managers hold calls ($1.3m notional), 0 hold puts (—).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 341Q4 22: 371Q1 23: 366Q2 23: 373Q3 23: 385Q4 23: 430Q1 24: 442Q2 24: 444Q3 24: 466Q4 24: 479Q1 25: 465Q2 25: 488Q3 25: 487487Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022341
Q4 2022371
Q1 2023366
Q2 2023373
Q3 2023385
Q4 2023430
Q1 2024442
Q2 2024444
Q3 2024466
Q4 2024479
Q1 2025465
Q2 2025488
Q3 2025487

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 23: 196 bought or addedQ4 23: 155 cut or sold outQ1 24: 212 bought or addedQ1 24: 181 cut or sold outQ1 24Q2 24: 205 bought or addedQ2 24: 187 cut or sold outQ3 24: 228 bought or addedQ3 24: 180 cut or sold outQ3 24Q4 24: 214 bought or addedQ4 24: 187 cut or sold outQ1 25: 213 bought or addedQ1 25: 212 cut or sold outQ1 25Q2 25: 231 bought or addedQ2 25: 196 cut or sold outQ3 25: 225 bought or addedQ3 25: 208 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023196155
Q1 2024212181
Q2 2024205187
Q3 2024228180
Q4 2024214187
Q1 2025213212
Q2 2025231196
Q3 2025225208

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $166.0kQ1 25 puts: $6.3kQ1 25P/C 0.04Q2 25 calls: $1.5mQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $1.3mQ3 25 puts: $0Q3 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2024$0$0—
Q1 2025$166.0k$6.3k0.04
Q2 2025$1.5m$00.00
Q3 2025$1.3m$00.00

Biggest buyers

Arax Advisory Partners Added +801,351+801.4k
LPL Financial LLC Added +388,271+388.3k
OSAIC HOLDINGS, INC. Added +155,366+155.4k
Cetera Investment Advisers Added +101,491+101.5k
PFG Private Wealth Management, LLC New +75,524+75.5k
KWB Wealth Added +60,362+60.4k
MORGAN STANLEY Added +56,883+56.9k
Krilogy Financial LLC Added +46,223+46.2k
Marietta Wealth Management, LLC Added +37,983+38.0k
VICTORY FINANCIAL GROUP, LLC Added +22,651+22.7k

Biggest sellers

Financial Engines Advisors L.L.C. Reduced -134,036-134.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -50,558-50.6k
Gibbs Wealth Management Reduced -49,427-49.4k
SUMMIT WEALTH GROUP LLC / CO Sold out -48,721-48.7k
ROYAL BANK OF CANADA Reduced -48,615-48.6k
AMERIPRISE FINANCIAL INC Reduced -45,349-45.3k
Redwood Investment Management, LLC Reduced -40,849-40.8k
Portside Wealth Group, LLC Reduced -30,853-30.9k
TOWNSQUARE CAPITAL LLC Reduced -24,707-24.7k
MERCER GLOBAL ADVISORS INC /ADV Reduced -24,622-24.6k

Biggest calls

CITADEL ADVISORS LLC Reduced $1.2m12.9k shares
Belvedere Trading LLC Reduced $113.2k1.2k 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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.11% of their portfolio FORT MILL, SC 3,821,4333.8m $360.4m $360.4m 0.11% Added +388.3k +388,271
2 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,858,8121.9m $175.3m $175.3m 0.01% Added +19.2k +19,194
3 Financial Engines Advisors L.L.C. 0.21% of their portfolio SANTA CLARA, CA 1,173,5881.2m $110.7m $110.7m 0.21% Reduced -134.0k -134,036
4 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 953,998954.0k $90.0m $90.0m 0.02% Reduced -45.3k -45,349
5 Arax Advisory Partners 0.60% of their portfolio NEW YORK, NY 801,537801.5k $41.9m $41.9m 0.60% Added +801.4k +801,351
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 773,848773.8k $73.0m $73.0m 0.00% Added +56.9k +56,883
7 NorthRock Partners, LLC 1.13% of their portfolio MINNEAPOLIS, MN 660,330660.3k $62.3m $62.3m 1.13% Reduced -8.8k -8,754
8 Diversified Enterprises, LLC 3.17% of their portfolio Wilmington, DE 499,189499.2k $47.1m $47.1m 3.17% Added +22.2k +22,204
9 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 442,284442.3k $41.6m $41.6m 0.06% Added +155.4k +155,366
10 Rodgers & Associates, LTD 4.10% of their portfolio Lancaster, PA 421,859421.9k $39.8m $39.8m 4.10% Added +8.0k +7,961
11 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 405,726405.7k $38.3m $38.3m 0.04% Added +101.5k +101,491
12 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 359,898359.9k $33.9m $33.9m 0.01% Reduced -15.6k -15,601
13 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 353,884353.9k $33.4m $33.4m 0.04% Reduced -11.2k -11,209
14 Krilogy Financial LLC 1.16% of their portfolio ST. LOUIS, MO 331,267331.3k $31.0m $31.0m 1.16% Added +46.2k +46,223
15 FAS Wealth Partners, Inc. 2.09% of their portfolio LEAWOOD, KS 326,796326.8k $30.8m $30.8m 2.09% Added +8.5k +8,516
16 Savant Capital, LLC 0.19% of their portfolio ROCKFORD, IL 324,268324.3k $30.6m $30.6m 0.19% Reduced -5.8k -5,818
17 UBS Group AG 0.01% of their portfolio ZURICH, V8 323,431323.4k $30.5m $30.5m 0.01% Added +6.6k +6,585
18 Equitable Holdings, Inc. 0.22% of their portfolio NEW YORK, NY 320,243320.2k $30.2m $30.2m 0.22% Added +12.3k +12,285
19 Avantax Planning Partners, Inc. 0.79% of their portfolio DUBUQUE, IA 292,254292.3k $27.6m $27.6m 0.79% Added +21.0k +20,974
20 Fortitude Financial, LLC 20.47% of their portfolio Spokane, WA 250,745250.7k $19.6m $19.6m 20.47% Reduced -3.9k -3,902
21 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 248,136248.1k $23.4m $23.4m 0.01% Added +508 +508
22 GHP Investment Advisors, Inc. 0.98% of their portfolio Denver, CO 247,057247.1k $23.3m $23.3m 0.98% Added +5.2k +5,237
23 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 237,506237.5k $22.4m $22.4m 0.03% Reduced -6.0k -5,954
24 KWB Wealth 2.30% of their portfolio REDLANDS, CA 234,829234.8k $20.8m $20.8m 2.30% Added +60.4k +60,362
25 AIRE ADVISORS, LLC 3.86% of their portfolio BEVERLY HILLS, CA 225,180225.2k $21.2m $21.2m 3.86% Added +2.8k +2,812
26 Mariner, LLC 0.03% of their portfolio Overland Park, KS 223,028223.0k $21.0m $21.0m 0.03% Added +16.3k +16,318
27 Klingman & Associates, LLC 0.97% of their portfolio New York, NY 204,487204.5k $19.3m $19.3m 0.97% Reduced -359 -359
28 Convergence Financial, LLC 2.83% of their portfolio COLUMBIA, MO 199,619199.6k $18.8m $18.8m 2.83% Added +7.8k +7,789
29 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 192,401192.4k $18.1m $18.1m 0.01% Reduced -9.1k -9,065
30 First National Trust Co 0.62% of their portfolio Johnstown, PA 192,381192.4k $18.1m $18.1m 0.62% Added +12.3k +12,272
31 TIAA TRUST, NATIONAL ASSOCIATION 0.04% of their portfolio CHARLOTTE, NC 181,215181.2k $17.1m $17.1m 0.04% Added +2.1k +2,078
32 Shakespeare Wealth Management, LLC 3.79% of their portfolio Pewaukee, WI 176,443176.4k $16.6m $16.6m 3.79% Added +4.9k +4,857
33 CWM, LLC 0.05% of their portfolio OMAHA, NE 171,129171.1k $16.1m $16.1m 0.05% Reduced -17.9k -17,850
34 Grey Fox Wealth Advisors, LLC 3.16% of their portfolio ROCKLAND, DE 164,205164.2k $15.5m $15.5m 3.16% Added +10.3k +10,273
35 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 150,188150.2k $14.1m $14.1m 0.01% Added +19.4k +19,396
36 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 142,428142.4k $13.4m $13.4m 0.00% Reduced -21.7k -21,698
37 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 136,714136.7k $12.9m $12.9m 0.06% Reduced -4.4k -4,372
38 VICTORY FINANCIAL GROUP, LLC 1.77% of their portfolio AUSTIN, TX 136,550136.6k $12.9m $12.9m 1.77% Added +22.7k +22,651
39 Optimist Retirement Group LLC 5.70% of their portfolio BELLEVUE, WA 133,729133.7k $12.6m $12.6m 5.70% Added +1.3k +1,347
40 Roberts Financial Services LLC 3.78% of their portfolio MARQUETTE, MI 124,143124.1k $11.7m $11.7m 3.78% Added +3.3k +3,346
41 Csenge Advisory Group 0.56% of their portfolio CLEARWATER, FL 123,894123.9k $11.7m $11.7m 0.56% Reduced -6.9k -6,947
42 ASSETMARK, INC 0.02% of their portfolio CONCORD, CA 119,524119.5k $11.3m $11.3m 0.02% Reduced -4.7k -4,703
43 WCG Wealth Advisors LLC 0.70% of their portfolio LAS VEGAS, NV 118,205118.2k $11.1m $11.1m 0.70% Reduced -13.2k -13,187
44 Marietta Wealth Management, LLC 1.33% of their portfolio MARIETTA, GA 115,452115.5k $10.9m $10.9m 1.33% Added +38.0k +37,983
45 BALANCED WEALTH GROUP LLC 4.36% of their portfolio WESTLAKE, OH 111,227111.2k $9.9m $9.9m 4.36% Reduced -2.0k -1,981
46 RAINEY & RANDALL WEALTH ADVISORS INC. 1.62% of their portfolio Celebration, FL 103,116103.1k $9.7m $9.7m 1.62% Reduced -1.0k -1,020
47 MATHER GROUP, LLC. 0.10% of their portfolio CHICAGO, IL 101,598101.6k $9.6m $9.6m 0.10% Reduced -6.0k -6,004
48 Wealthcare Advisory Partners LLC 0.20% of their portfolio WEST CHESTER, PA 100,010100.0k $9.4m $9.4m 0.20% Added +2.2k +2,204
49 Forbes Financial Planning, Inc. 6.19% of their portfolio EAST GREENWICH, RI 98,51598.5k $9.4m $9.4m 6.19% Added +1.7k +1,740
50 BIP Wealth, LLC 0.43% of their portfolio ATLANTA, GA 93,10393.1k $8.8m $8.8m 0.43% Reduced -29 -29
51 O'Dell Group, LLC 1.81% of their portfolio CINCINNATI, OH 89,67789.7k $8.5m $8.5m 1.81% Reduced -188 -188
52 Mutual Advisors, LLC 0.18% of their portfolio OMAHA, NE 87,33387.3k $8.3m $8.3m 0.18% Added +1.3k +1,251
53 MAI Capital Management 0.05% of their portfolio INDEPENDENCE, OH 86,26286.3k $8.1m $8.1m 0.05% Reduced -1.1k -1,138
54 Key Financial Inc 1.43% of their portfolio WEST CHESTER, PA 82,20682.2k $7.8m $7.8m 1.43% Added +3.0k +3,030
55 Strategic Financial Concepts, LLC 1.06% of their portfolio SAN ANTONIO, TX 77,26077.3k $7.3m $7.3m 1.06% Reduced -6.9k -6,869
56 Compton Financial Group, LLC 1.75% of their portfolio TOWSON, MD 76,96877.0k $7.3m $7.3m 1.75% Added +2.2k +2,245
57 Tradition Wealth Management, LLC 0.54% of their portfolio EDINA, MN 76,83876.8k $7.2m $7.2m 0.54% Reduced -4.2k -4,171
58 Strategies Wealth Advisors, LLC 0.75% of their portfolio GRAND RAPIDS, MI 76,64476.6k $7.2m $7.2m 0.75% Reduced -5.4k -5,436
59 Financial Strategies Group, Inc. 1.34% of their portfolio OKEMOS, MI 75,58975.6k $7.0m $7.0m 1.34% Added +2.3k +2,309
60 PFG Private Wealth Management, LLC 3.18% of their portfolio LUTZ, FL 75,52475.5k $7.1m $7.1m 3.18% New
61 Integrity Wealth Solutions LLC 3.18% of their portfolio DENVER, CO 75,52475.5k $7.1m $7.1m 3.18% Added +1.2k +1,177
62 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 74,06874.1k $7.0m $7.0m 0.01% Added +134 +134
63 HRC WEALTH MANAGEMENT, LLC 3.38% of their portfolio Moscow, ID 73,56173.6k $6.9m $6.9m 3.38% Added +848 +848
64 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 72,80272.8k $6.8m $6.8m 0.01% Reduced -10.6k -10,557
65 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 71,35771.4k $6.7m $6.7m 0.01% Added +186 +186
66 Aptus Capital Advisors, LLC 0.06% of their portfolio FAIRHOPE, AL 68,91668.9k $6.5m $6.5m 0.06% Added +1.2k +1,189
67 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 68,21768.2k $6.4m $6.4m 0.02% Added +619 +619
68 Integrated Wealth Concepts LLC 0.06% of their portfolio WALTHAM, MA 67,56867.6k $6.4m $6.4m 0.06% Added +2.3k +2,329
69 Fragasso Financial Advisors Inc 0.39% of their portfolio SEWICKLEY, PA 66,30166.3k $6.3m $6.3m 0.39% Reduced -944 -944
70 Blue Barn Wealth, LLC 2.74% of their portfolio OREM, UT 66,05266.1k $6.2m $6.2m 2.74% Added +1.1k +1,121
71 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 63,26063.3k $6.0m $6.0m 0.01% Reduced -17.3k -17,274
72 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 62,94462.9k $5.9m $5.9m 0.02% Reduced -29 -29
73 Cerro Pacific Wealth Advisors LLC 1.60% of their portfolio San Luis Obispo, CA 62,00862.0k $5.8m $5.8m 1.60% Added +2.0k +2,012
74 Financial Security Advisor, Inc. 1.22% of their portfolio VIRGINIA BEACH, VA 60,98861.0k $5.8m $5.8m 1.22% Reduced -1.3k -1,258
75 Leslie Global Wealth, LLC 2.64% of their portfolio Itasca, IL 59,57559.6k $5.6m $5.6m 2.64% Added +8.2k +8,211
76 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 58,24158.2k $5.5m $5.5m 0.00% Added +5.2k +5,222
77 Leicht Financial Planning & Wealth Management, Inc. 2.45% of their portfolio PARSIPPANY, NJ 57,58357.6k $5.4m $5.4m 2.45% Reduced -254 -254
78 MONECO ADVISORS, LLC 0.45% of their portfolio FAIRFIELD, CT 57,30757.3k $5.4m $5.4m 0.45% Added +9.9k +9,910
79 Graney & King, LLC 3.73% of their portfolio LATHAM, NY 57,15957.2k $5.4m $5.4m 3.73% Reduced -880 -880
80 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 56,95457.0k $5.4m $5.4m 0.00% Reduced -9.2k -9,199
81 WealthShield Partners, LLC 0.60% of their portfolio CARY, NC 56,15056.1k $5.3m $5.3m 0.60% Reduced -4.2k -4,151
82 SIGNET FINANCIAL MANAGEMENT, LLC 0.59% of their portfolio PARSIPPANY, NJ 53,76853.8k $5.1m $5.1m 0.59% Reduced -1.3k -1,283
83 Pacific Sun Financial Corp 2.44% of their portfolio LOS ANGELES, CA 53,56053.6k $5.1m $5.1m 2.44% Reduced -880 -880
84 Kingsview Wealth Management, LLC 0.08% of their portfolio GRANTS PASS, OR 52,98853.0k $5.0m $5.0m 0.08% Added +593 +593
85 Focus Partners Advisor Solutions, LLC 0.06% of their portfolio SAINT LOUIS, MO 51,76851.8k $4.9m $4.9m 0.06% Added +1.4k +1,386
86 ERn Financial, LLC 0.96% of their portfolio MIDDLETON, WI 51,29951.3k $4.8m $4.8m 0.96% Reduced -8.0k -7,966
87 BARRETT & COMPANY, INC. 1.63% of their portfolio PROVIDENCE, RI 50,54750.5k $4.8m $4.8m 1.63% Reduced -116 -116
88 INTERACTIVE FINANCIAL ADVISORS, INC. 2.58% of their portfolio New Lenox, IL 50,54450.5k $4.8m $4.8m 2.58% Reduced -1.5k -1,510
89 McAdam, LLC 0.23% of their portfolio Philadelphia, PA 50,39050.4k $4.8m $4.8m 0.23% Reduced -6.6k -6,609
90 New England Capital Financial Advisors LLC 2.01% of their portfolio MERIDEN, CT 50,11150.1k $4.7m $4.7m 2.01% Added +1.4k +1,352
91 WALLER FINANCIAL PLANNING GROUP, INC 1.08% of their portfolio COLUMBUS, OH 49,81049.8k $4.7m $4.7m 1.08% Added +950 +950
92 J.W. COLE ADVISORS, INC. 0.09% of their portfolio TAMPA, FL 48,21948.2k $4.5m $4.5m 0.09% Added +808 +808
93 Goldstone Financial Group, LLC 0.53% of their portfolio OAKBROOK TERRACE, IL 47,07347.1k $4.4m $4.4m 0.53% Added +1.5k +1,482
94 Geneos Wealth Management Inc. 0.11% of their portfolio ENGLEWOOD, CO 46,62746.6k $4.4m $4.4m 0.11% Reduced -621 -621
95 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.09% of their portfolio LOS ANGELES, CA 45,10145.1k $4.3m $4.3m 0.09% Reduced -158 -158
96 Midwest Financial Group LLC 2.01% of their portfolio Overland Park, KS 44,62944.6k $4.2m $4.2m 2.01% Added +9.8k +9,790
97 Marathon Mission, Inc. 2.50% of their portfolio ALBANY, NY 44,50544.5k $4.2m $4.2m 2.50% Reduced -342 -342
98 MONETA GROUP INVESTMENT ADVISORS LLC 0.03% of their portfolio ST LOUIS, MO 43,80443.8k $4.1m $4.1m 0.03% Added +12.2k +12,198
99 Probity Advisors, Inc. 0.65% of their portfolio DALLAS, TX 42,68742.7k $4.0m $4.0m 0.65% Added +1.8k +1,797
100 Bristlecone Advisors, LLC 0.32% of their portfolio BELLEVUE, WA 41,19941.2k $3.9m $3.9m 0.32% Added +3.1k +3,102