Vault-13

SPDR SER TR SLYV

S&P 600 SMCP VAL · ETP · CUSIP 78464A300

501 institutional holders +30 vs Q1 2023
31,014,19231.0m shares reported held*
$2.4bnreported value*
35 new 195 added 187 reduced 15 sold out net sold ≈ $68.5m (-876.4k 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 ($1.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $77.44. Options: 10 managers hold calls ($698.9m notional), 1 hold puts ($7.7k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 457Q4 22: 480Q1 23: 471Q2 23: 501501Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022457
Q4 2022480
Q1 2023471
Q2 2023501

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 224 bought or addedQ4 22: 180 cut or sold outQ4 22Q1 23: 202 bought or addedQ1 23: 221 cut or sold outQ1 23Q2 23: 230 bought or addedQ2 23: 202 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022224180
Q1 2023202221
Q2 2023230202

Calls vs puts

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

CallsPuts
$0$250m$500m$750m$1bnQ3 22 calls: $922.7mQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $609.5mQ4 22 puts: $118.8kQ4 22P/C 0.00Q1 23 calls: $639.7mQ1 23 puts: $22.9kQ1 23P/C 0.00Q2 23 calls: $698.9mQ2 23 puts: $7.7kQ2 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$922.7m$00.00
Q4 2022$609.5m$118.8k0.00
Q1 2023$639.7m$22.9k0.00
Q2 2023$698.9m$7.7k0.00

Biggest buyers

Cerity Partners LLC Added +242,631+242.6k
Redwood Investment Management, LLC Added +237,283+237.3k
BANK OF AMERICA CORP /DE/ Added +161,716+161.7k
PRW Wealth Management LLC Added +105,099+105.1k
Merit Financial Group, LLC New +75,785+75.8k
TOWNSQUARE CAPITAL LLC Added +49,112+49.1k
Financial Planning & Information Services, Inc. Added +47,116+47.1k
FINANCIAL COUNSELORS INC Added +46,866+46.9k
HRT FINANCIAL LP New +46,400+46.4k
Financial Engines Advisors L.L.C. Added +43,184+43.2k

Biggest sellers

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -406,058-406.1k
KWB Wealth Reduced -386,268-386.3k
Creative Planning Reduced -286,043-286.0k
First National Trust Co Reduced -232,871-232.9k
OSAIC HOLDINGS, INC. Reduced -169,309-169.3k
Seaside Wealth Management, Inc. Reduced -123,181-123.2k
Perennial Investment Advisors, LLC Reduced -99,485-99.5k
Private Advisor Group, LLC Reduced -99,422-99.4k
Per Stirling Capital Management, LLC. Sold out -69,133-69.1k
NorthRock Partners, LLC Reduced -60,418-60.4k

Biggest calls

Twin Tree Management, LP Added $421.2m5.1m shares
JANE STREET GROUP, LLC Added $173.4m2.1m shares
JPMORGAN CHASE & CO Added $78.6m945.0k shares
IMC-Chicago, LLC Reduced $18.8m225.8k shares
Maven Securities LTD Added $4.6m55.2k shares
GARDA CAPITAL PARTNERS LP Reduced $873.6k10.5k shares
CITADEL ADVISORS LLC Added $725.6k9.4k shares
CenterStar Asset Management, LLC Reduced $482.6k5.8k shares
SG Americas Securities, LLC New $246.0k200.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $7.7k100 shares

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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 1,753,5211.8m $135.4m $135.4m 0.02% Added +161.7k +161,716
2 LPL Financial LLC 0.09% of their portfolio FORT MILL, SC 1,643,2501.6m $126.8m $126.8m 0.09% Reduced -38.0k -38,000
3 Financial Engines Advisors L.L.C. 0.26% of their portfolio SANTA CLARA, CA 1,350,6611.4m $104.3m $104.3m 0.26% Added +43.2k +43,184
4 FINANCIAL COUNSELORS INC 1.48% of their portfolio Overland Park, KS 942,555942.6k $72.8m $72.8m 1.48% Added +46.9k +46,866
5 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 919,236919.2k $71.0m $71.0m 0.02% Reduced -15.4k -15,416
6 Goelzer Investment Management, Inc. 5.20% of their portfolio CARMEL, IN 795,249795.2k $61.4m $61.4m 5.20% Added +11.8k +11,794
7 Cannon Financial Strategists, Inc. 16.37% of their portfolio ATHENS, GA 771,824771.8k $59.6m $59.6m 16.37% Added +40.0k +40,002
8 Cerity Partners LLC 0.22% of their portfolio NEW YORK, NY 739,910739.9k $57.1m $57.1m 0.22% Added +242.6k +242,631
9 Financial Planning & Information Services, Inc. 9.07% of their portfolio DE PERE, WI 636,859636.9k $49.2m $49.2m 9.07% Added +47.1k +47,116
10 MassMutual Private Wealth & Trust, FSB 1.76% of their portfolio Windsor, CT 634,388634.4k $49.0m $49.0m 1.76% Added +39.7k +39,749
11 Morningstar Investment Services LLC 0.60% of their portfolio CHICAGO, IL 602,726602.7k $46.3m $46.3m 0.60% Added +1.3k +1,272
12 Creative Planning 0.06% of their portfolio OVERLAND PARK, KS 546,938546.9k $42.2m $42.2m 0.06% Reduced -286.0k -286,043
13 Redwood Investment Management, LLC 3.69% of their portfolio SCOTTSDALE, AZ 463,359463.4k $35.8m $35.8m 3.69% Added +237.3k +237,283
14 COMMONWEALTH EQUITY SERVICES, LLC 0.07% of their portfolio WALTHAM, MA 454,531454.5k $35.1m $35.1m 0.07% Reduced -984 -984
15 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 401,460401.5k $31.0m $31.0m 0.01% Reduced -5.3k -5,290
16 NorthRock Partners, LLC 3.32% of their portfolio MINNEAPOLIS, MN 393,069393.1k $30.3m $30.3m 3.32% Reduced -60.4k -60,418
17 Equitable Holdings, Inc. 0.41% of their portfolio NEW YORK, NY 367,704367.7k $28.4m $28.4m 0.41% Reduced -234 -234
18 TOWNSQUARE CAPITAL LLC 0.47% of their portfolio Lehi, UT 337,283337.3k $26.0m $26.0m 0.47% Added +49.1k +49,112
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 328,127328.1k $25.3m $25.3m 0.00% Added +21.4k +21,376
20 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 323,605323.6k $25.0m $25.0m 0.01% Reduced -57.0k -56,992
21 Evensky & Katz LLC 1.89% of their portfolio CORAL GABLES, FL 323,356323.4k $25.0m $25.0m 1.89% Reduced -3.1k -3,069
22 Compass Ion Advisors, LLC 6.11% of their portfolio CONSHOHOCKEN, PA 311,686311.7k $24.1m $24.1m 6.11% Reduced -4.1k -4,103
23 Avantax Planning Partners, Inc. 0.90% of their portfolio DUBUQUE, IA 292,986293.0k $22.6m $22.6m 0.90% Reduced -18.6k -18,631
24 American Financial Advisors, LLC 3.45% of their portfolio Marietta, GA 285,558285.6k $22.0m $22.0m 3.45% Reduced -44.8k -44,795
25 Trilogy Capital Inc. 1.44% of their portfolio IRVINE, CA 283,116283.1k $22.7m $22.7m 1.44% Added +17.7k +17,727
26 Avior Wealth Management, LLC 1.33% of their portfolio OMAHA, NE 265,711265.7k $20.5m $20.5m 1.33% Added +24.2k +24,191
27 Rodgers & Associates, LTD 2.95% of their portfolio Lancaster, PA 264,270264.3k $20.4m $20.4m 2.95% Added +36.3k +36,260
28 Klingman & Associates, LLC 1.60% of their portfolio New York, NY 257,118257.1k $19.8m $19.8m 1.60% Reduced -541 -541
29 First National Trust Co 0.91% of their portfolio Johnstown, PA 253,248253.2k $19.5m $19.5m 0.91% Reduced -232.9k -232,871
30 New Hampshire Trust 5.03% of their portfolio CONCORD, NH 250,671250.7k $19.3m $19.3m 5.03% Added +2.9k +2,904
31 BRANDYWINE OAK PRIVATE WEALTH LLC 2.07% of their portfolio Kennett Square, PA 239,236239.2k $18.5m $18.5m 2.07% Added +11.9k +11,943
32 BRIGGS ADVISORY GROUP, INC. 10.12% of their portfolio LINCOLN, RI 234,848234.8k $18.1m $18.1m 10.12% Reduced -6.4k -6,369
33 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 225,507225.5k $17.4m $17.4m 0.03% Reduced -35.5k -35,526
34 Roberts Financial Services LLC 4.01% of their portfolio MARQUETTE, MI 223,214223.2k $17.2m $17.2m 4.01% Added +13.3k +13,302
35 High Probability Advisors, LLC 3.59% of their portfolio Pittsford, NY 216,713216.7k $16.7m $16.7m 3.59% Added +15.3k +15,334
36 UBS Group AG 0.01% of their portfolio ZURICH, V8 216,710216.7k $16.7m $16.7m 0.01% Reduced -2.8k -2,800
37 KWB Wealth 2.64% of their portfolio REDLANDS, CA 216,493216.5k $16.7m $16.7m 2.64% Reduced -386.3k -386,268
38 Financial Advisory Group 3.15% of their portfolio HOUSTON, TX 206,542206.5k $15.9m $15.9m 3.15% Reduced -869 -869
39 WCG Wealth Advisors LLC 1.86% of their portfolio LAS VEGAS, NV 206,133206.1k $15.9m $15.9m 1.86% Added +751 +751
40 FAS Wealth Partners, Inc. 2.00% of their portfolio LEAWOOD, KS 205,209205.2k $15.8m $15.8m 2.00% Reduced -2.6k -2,640
41 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 200,427200.4k $15.5m $15.5m 0.03% Reduced -169.3k -169,309
42 Mariner, LLC 0.04% of their portfolio Overland Park, KS 194,761194.8k $15.0m $15.0m 0.04% Reduced -49.0k -49,011
43 Convergence Financial, LLC 8.78% of their portfolio COLUMBIA, MO 185,138185.1k $14.3m $14.3m 8.78% Added +9.8k +9,841
44 TIAA, FSB 0.05% of their portfolio ST. LOUIS, MO 183,471183.5k $14.2m $14.2m 0.05% Added +13.6k +13,614
45 BerganKDV Wealth Management, LLC 1.40% of their portfolio BLOOMINGTON, MN 180,920180.9k $14.0m $14.0m 1.40% Added +2.2k +2,250
46 Lutz Financial Services LLC 1.47% of their portfolio OMAHA, NE 177,312177.3k $13.7m $13.7m 1.47% Added +4.3k +4,334
47 Asset Dedication, LLC 1.12% of their portfolio SAN FRANCISCO, CA 170,291170.3k $13.1m $13.1m 1.12% Reduced -2.1k -2,117
48 Financial Synergies Wealth Advisors, Inc. 1.76% of their portfolio HOUSTON, TX 162,879162.9k $12.6m $12.6m 1.76% Added +4.6k +4,642
49 RESTON WEALTH MANAGEMENT LLC 5.76% of their portfolio Reston, VA 156,809156.8k $12.1m $12.1m 5.76% Added +5.4k +5,388
50 GHP Investment Advisors, Inc. 0.71% of their portfolio Denver, CO 153,386153.4k $12.2m $12.2m 0.71% Added +2.3k +2,284
51 SAGE FINANCIAL GROUP INC 1.25% of their portfolio W. CONSHOHOCKEN, PA 153,200153.2k $11.8m $11.8m 1.25% Added +3.3k +3,332
52 Marathon Mission, Inc. 10.83% of their portfolio ALBANY, NY 150,574150.6k $11.7m $11.7m 10.83% First filing
53 Financial Strategies Group, Inc. 3.70% of their portfolio OKEMOS, MI 149,999150.0k $11.6m $11.6m 3.70% Added +27.5k +27,547
54 Morton Brown Family Wealth, LLC 6.08% of their portfolio ALLENTOWN, PA 147,632147.6k $11.4m $11.4m 6.08% Added +25.8k +25,775
55 Betterment LLC 0.04% of their portfolio NEW YORK, NY 147,152147.2k $11.4m $11.4m 0.04% Reduced -11.0k -10,992
56 Rockbridge Investment Management, LCC 1.98% of their portfolio Syracuse, NY 145,858145.9k $11.3m $11.3m 1.98% Added +8.3k +8,340
57 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.12% of their portfolio PLYMOUTH, MN 138,504138.5k $10.7m $10.7m 0.12% Reduced -406.1k -406,058
58 Key Financial Inc 3.31% of their portfolio WEST CHESTER, PA 129,508129.5k $10.0m $10.0m 3.31% Added +15.4k +15,354
59 Capasso Planning Partners LLC 5.31% of their portfolio CHARLESTON, SC 127,858127.9k $9.9m $9.9m 5.31% Added +7.9k +7,910
60 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 127,451127.5k $9.8m $9.8m 0.02% Added +1.1k +1,111
61 Focus Financial Network, Inc. 0.54% of their portfolio MINNEAPOLIS, MN 126,476126.5k $9.8m $9.8m 0.54% Added +2.3k +2,276
62 TD AMERITRADE INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio OMAHA, NE 120,734120.7k $9.3m $9.3m 0.10% Reduced -2.4k -2,427
63 Concord Wealth Partners 2.00% of their portfolio ABINGDON, VA 120,438120.4k $9.3m $9.3m 2.00% Added +37.2k +37,206
64 Resonant Capital Advisors, LLC 0.97% of their portfolio Madison, WI 115,861115.9k $8.9m $8.9m 0.97% Added +13.5k +13,484
65 Retirement Group, LLC 3.66% of their portfolio SAN DIEGO, CA 113,873113.9k $8.8m $8.8m 3.66% Added +891 +891
66 Red Door Wealth Management, LLC 1.91% of their portfolio Memphis, TN 111,725111.7k $8.6m $8.6m 1.91% Added +2.3k +2,284
67 PRW Wealth Management LLC 4.52% of their portfolio QUINCY, MA 108,484108.5k $13.2m $13.2m 4.52% Added +105.1k +105,099
68 Triangle Securities Wealth Management 2.85% of their portfolio RALEIGH, NC 107,354107.4k $8.3m $8.3m 2.85% Reduced -659 -659
69 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 104,360104.4k $8.1m $8.1m 0.02% Reduced -3.4k -3,360
70 BIP Wealth, LLC 0.65% of their portfolio ATLANTA, GA 103,258103.3k $8.0m $8.0m 0.65% Added +14.3k +14,284
71 Perritt Capital Management Inc 4.28% of their portfolio Chicago, IL 101,659101.7k $7.8m $7.8m 4.28% Added +2.6k +2,572
72 Concord Asset Management, LLC/VA 2.76% of their portfolio ABINGDON, VA 101,426101.4k $7.8m $7.8m 2.76% Added +17.2k +17,199
73 Private Advisor Group, LLC 0.07% of their portfolio MORRISTOWN, NJ 100,326100.3k $7.8m $7.8m 0.07% Reduced -99.4k -99,422
74 MATHER GROUP, LLC. 0.12% of their portfolio CHICAGO, IL 98,84298.8k $7.6m $7.6m 0.12% Added +940 +940
75 N.E.W. Advisory Services LLC 1.04% of their portfolio DE PERE, WI 96,78996.8k $7.5m $7.5m 1.04% Added +1.9k +1,869
76 Clark Capital Management Group, Inc. 0.07% of their portfolio PHILADELPHIA, PA 96,24496.2k $7.4m $7.4m 0.07% Added +787 +787
77 Perennial Investment Advisors, LLC 1.31% of their portfolio Los Angeles, CA 95,42495.4k $7.4m $7.4m 1.31% Reduced -99.5k -99,485
78 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.24% of their portfolio LOS ANGELES, CA 95,36895.4k $7.4m $7.4m 0.24% Added +4.7k +4,674
79 AIRE ADVISORS, LLC 1.89% of their portfolio BEVERLY HILLS, CA 93,87493.9k $7.2m $7.2m 1.89% Reduced -18.9k -18,912
80 McAdam, LLC 0.57% of their portfolio Philadelphia, PA 89,91889.9k $6.9m $6.9m 0.57% Added +200 +200
81 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 88,28588.3k $6.8m $6.8m 0.01% Added +6.7k +6,737
82 Melone Private Wealth, LLC 4.79% of their portfolio AUBURN HILLS, MI 87,88187.9k $6.8m $6.8m 4.79% Added +7.2k +7,203
83 NORTHWEST WEALTH MANAGEMENT, LLC 2.43% of their portfolio SPENCER, IA 86,84486.8k $6.7m $6.7m 2.43% Reduced -2.4k -2,425
84 Ledge Wealth Management, Inc. 3.10% of their portfolio SARTELL, MN 84,10484.1k $6.5m $6.5m 3.10% Reduced -1.6k -1,556
85 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 80,40080.4k $6.2m $6.2m 0.02% Added +625 +625
86 Diversified, LLC 1.57% of their portfolio Wilmington, DE 79,71979.7k $6.2m $6.2m 1.57% Added +7.8k +7,812
87 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 78,92478.9k $6.1m $6.1m 0.00% Reduced -42.8k -42,801
88 Geneos Wealth Management Inc. 0.31% of their portfolio ENGLEWOOD, CO 77,59377.6k $6.0m $6.0m 0.31% Added +2.6k +2,604
89 Salomon & Ludwin, LLC 0.63% of their portfolio RICHMOND, VA 76,30676.3k $5.9m $5.9m 0.63% Reduced -336 -336
90 Krilogy Financial LLC 0.53% of their portfolio ST. LOUIS, MO 76,08076.1k $5.9m $5.9m 0.53% Reduced -8.8k -8,757
91 NWAM LLC 0.48% of their portfolio MERCER ISLAND, WA 76,02576.0k $5.9m $5.9m 0.48% Added +41.8k +41,831
92 Merit Financial Group, LLC 0.19% of their portfolio ALPHARETTA, GA 75,78575.8k $5.8m $5.8m 0.19% New
93 Probity Advisors, Inc. 1.25% of their portfolio DALLAS, TX 74,23074.2k $5.7m $5.7m 1.25% First filing
94 LPWM LLC 2.55% of their portfolio MINNEAPOLIS, MN 74,20474.2k $5.8m $5.8m 2.55% Reduced -11.7k -11,656
95 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 71,55571.6k $5.5m $5.5m 0.03% Reduced -4.5k -4,450
96 CarsonAllaria Wealth Management, Ltd. 4.32% of their portfolio GLEN CARBON, IL 71,03871.0k $5.5m $5.5m 4.32% Added +1.5k +1,526
97 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 68,62068.6k $5.3m $5.3m 0.03% Reduced -1.7k -1,666
98 Financial Guidance Group, Inc. 3.86% of their portfolio Palm Harbor, FL 67,95968.0k $5.2m $5.2m 3.86% Reduced -992 -992
99 DENVER WEALTH MANAGEMENT, INC. 3.51% of their portfolio DENVER, CO 65,10465.1k $5.0m $5.0m 3.51% Reduced -4.6k -4,562
100 IFP Advisors, Inc 0.15% of their portfolio TAMPA, FL 63,97464.0k $6.7m $6.7m 0.15% Added +30.5k +30,472