Vault-13

SPDR SER TR SLYV

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

536 institutional holders +52 vs Q3 2023
31,066,83931.1m shares reported held*
$2.6bnreported value*
43 new 183 added 207 reduced 25 sold out net sold ≈ $52.4m (-629.9k 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 ($3.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $83.16. Options: 9 managers hold calls ($680.1m notional), 0 hold puts (—).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 457Q4 22: 480Q1 23: 471Q2 23: 501Q3 23: 484Q4 23: 536536Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022457
Q4 2022480
Q1 2023471
Q2 2023501
Q3 2023484
Q4 2023536

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 23Q3 23: 214 bought or addedQ3 23: 227 cut or sold outQ3 23Q4 23: 226 bought or addedQ4 23: 232 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022224180
Q1 2023202221
Q2 2023230202
Q3 2023214227
Q4 2023226232

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ1 23 calls: $639.7mQ1 23 puts: $22.9kQ1 23P/C 0.00Q2 23 calls: $698.9mQ2 23 puts: $7.7kQ2 23P/C 0.00Q3 23 calls: $201.1mQ3 23 puts: $7.2kQ3 23P/C 0.00Q4 23 calls: $680.1mQ4 23 puts: $0Q4 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2023$639.7m$22.9k0.00
Q2 2023$698.9m$7.7k0.00
Q3 2023$201.1m$7.2k0.00
Q4 2023$680.1m$00.00

Biggest buyers

Morningstar Investment Services LLC Added +496,069+496.1k
NorthRock Partners, LLC Added +287,781+287.8k
MORGAN STANLEY Added +262,903+262.9k
Financial Enhancement Group LLC New +222,583+222.6k
BUCKINGHAM STRATEGIC WEALTH, LLC Added +221,895+221.9k
Redwood Investment Management, LLC Added +159,596+159.6k
Corient Private Wealth LP Added +64,336+64.3k
AMERIPRISE FINANCIAL INC Added +64,014+64.0k
BROWN ADVISORY INC Added +52,108+52.1k
GOLDMAN SACHS GROUP INC Added +46,580+46.6k

Biggest sellers

FINANCIAL COUNSELORS INC Reduced -903,498-903.5k
MassMutual Private Wealth & Trust, FSB Reduced -664,070-664.1k
New Hampshire Trust Reduced -187,500-187.5k
LPL Financial LLC Reduced -127,116-127.1k
BANK OF AMERICA CORP /DE/ Reduced -125,760-125.8k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -81,092-81.1k
HRT FINANCIAL LP Sold out -75,892-75.9k
Merit Financial Group, LLC Reduced -70,728-70.7k
Avantax Planning Partners, Inc. Reduced -68,830-68.8k
INTERACTIVE FINANCIAL ADVISORS, INC. Reduced -47,592-47.6k

Biggest calls

JANE STREET GROUP, LLC Added $479.4m5.4m shares
JPMORGAN CHASE & CO Added $141.4m1.6m shares
IMC-Chicago, LLC Added $45.2m506.2k shares
Maven Securities LTD Reduced $11.1m124.2k shares
GARDA CAPITAL PARTNERS LP Reduced $1.8m20.7k shares
SG Americas Securities, LLC New $407.0k37.1k shares
CITADEL ADVISORS LLC Reduced $366.6k4.4k shares
Belvedere Trading LLC New $366.6k4.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 1,664,6391.7m $138.7m $138.7m 0.02% Reduced -125.8k -125,760
2 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 1,539,6691.5m $128.3m $128.3m 0.08% Reduced -127.1k -127,116
3 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 1,366,4561.4m $114.4m $114.4m 0.03% Added +64.0k +64,014
4 Financial Engines Advisors L.L.C. 0.26% of their portfolio SANTA CLARA, CA 1,333,3661.3m $111.1m $111.1m 0.26% Reduced -10.1k -10,146
5 Morningstar Investment Services LLC 0.48% of their portfolio CHICAGO, IL 1,001,4901.0m $84.7m $84.7m 0.48% Added +496.1k +496,069
6 Cannon Financial Strategists, Inc. 15.02% of their portfolio ATHENS, GA 842,106842.1k $70.2m $70.2m 15.02% Added +24.2k +24,152
7 Goelzer Investment Management, Inc. 4.31% of their portfolio CARMEL, IN 803,479803.5k $66.9m $66.9m 4.31% Added +5.8k +5,771
8 Cerity Partners LLC 0.21% of their portfolio NEW YORK, NY 764,231764.2k $63.7m $63.7m 0.21% Added +30.1k +30,109
9 NorthRock Partners, LLC 2.36% of their portfolio MINNEAPOLIS, MN 675,069675.1k $56.2m $56.2m 2.36% Added +287.8k +287,781
10 Financial Planning & Information Services, Inc. 8.56% of their portfolio DE PERE, WI 651,616651.6k $54.3m $54.3m 8.56% Added +22.9k +22,883
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 552,980553.0k $46.1m $46.1m 0.00% Added +262.9k +262,903
12 Creative Planning 0.08% of their portfolio OVERLAND PARK, KS 494,759494.8k $41.2m $41.2m 0.08% Reduced -45.8k -45,762
13 COMMONWEALTH EQUITY SERVICES, LLC 0.07% of their portfolio WALTHAM, MA 456,406456.4k $38.0m $38.0m 0.07% Added +4.5k +4,489
14 Redwood Investment Management, LLC 3.20% of their portfolio SCOTTSDALE, AZ 419,976420.0k $35.0m $35.0m 3.20% Added +159.6k +159,596
15 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 380,069380.1k $31.7m $31.7m 0.01% Added +28.8k +28,783
16 TOWNSQUARE CAPITAL LLC 0.54% of their portfolio Lehi, UT 375,194375.2k $31.3m $31.3m 0.54% Added +34.6k +34,582
17 Equitable Holdings, Inc. 0.38% of their portfolio NEW YORK, NY 365,909365.9k $30.5m $30.5m 0.38% Added +2.6k +2,604
18 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 346,156346.2k $28.8m $28.8m 0.01% Reduced -17.3k -17,287
19 Evensky & Katz LLC 2.00% of their portfolio CORAL GABLES, FL 318,818318.8k $26.6m $26.6m 2.00% Reduced -1.2k -1,184
20 Trilogy Capital Inc. 1.62% of their portfolio IRVINE, CA 314,332314.3k $26.2m $26.2m 1.62% Added +9.8k +9,832
21 Avior Wealth Management, LLC 1.54% of their portfolio OMAHA, NE 304,918304.9k $25.4m $25.4m 1.54% Added +27.2k +27,231
22 Rodgers & Associates, LTD 3.26% of their portfolio Lancaster, PA 288,843288.8k $24.1m $24.1m 3.26% Added +16.6k +16,580
23 Dean, Jacobson Financial Services, LLC 20.22% of their portfolio FORT WORTH, TX 284,262284.3k $23.7m $23.7m 20.22% Added +4.0k +3,990
24 American Financial Advisors, LLC 3.43% of their portfolio Marietta, GA 278,371278.4k $23.2m $23.2m 3.43% Reduced -5.2k -5,218
25 BUCKINGHAM STRATEGIC WEALTH, LLC 0.26% of their portfolio CLAYTON, MO 266,218266.2k $22.2m $22.2m 0.26% Added +221.9k +221,895
26 Klingman & Associates, LLC 1.59% of their portfolio New York, NY 260,599260.6k $21.7m $21.7m 1.59% Added +10.4k +10,444
27 Roberts Financial Services LLC 4.23% of their portfolio MARQUETTE, MI 235,508235.5k $19.6m $19.6m 4.23% Added +9.1k +9,077
28 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.06% of their portfolio PLYMOUTH, MN 230,416230.4k $19.2m $19.2m 0.06% Reduced -81.1k -81,092
29 Avantax Planning Partners, Inc. 0.73% of their portfolio DUBUQUE, IA 228,621228.6k $19.0m $19.0m 0.73% Reduced -68.8k -68,830
30 BRANDYWINE OAK PRIVATE WEALTH LLC 2.10% of their portfolio Kennett Square, PA 226,598226.6k $18.9m $18.9m 2.10% Reduced -8.6k -8,623
31 High Probability Advisors, LLC 3.77% of their portfolio Pittsford, NY 224,204224.2k $18.7m $18.7m 3.77% Added +1.7k +1,749
32 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 223,252223.3k $18.6m $18.6m 0.03% Reduced -7.5k -7,480
33 Financial Enhancement Group LLC 3.04% of their portfolio ANDERSON, IN 222,583222.6k $17.2m $17.2m 3.04% New
34 Convergence Financial, LLC 7.72% of their portfolio COLUMBIA, MO 207,693207.7k $17.3m $17.3m 7.72% Reduced -7.3k -7,282
35 Financial Advisory Group 3.26% of their portfolio HOUSTON, TX 206,565206.6k $17.2m $17.2m 3.26% Added +1.5k +1,488
36 First National Trust Co 0.75% of their portfolio Johnstown, PA 205,772205.8k $17.1m $17.1m 0.75% Reduced -27.0k -27,030
37 WCG Wealth Advisors LLC 1.25% of their portfolio LAS VEGAS, NV 204,774204.8k $17.1m $17.1m 1.25% Reduced -20.2k -20,228
38 KWB Wealth 2.43% of their portfolio REDLANDS, CA 202,275202.3k $16.9m $16.9m 2.43% Reduced -11.8k -11,792
39 FAS Wealth Partners, Inc. 1.55% of their portfolio LEAWOOD, KS 196,054196.1k $16.3m $16.3m 1.55% Reduced -5.3k -5,288
40 UBS Group AG 0.01% of their portfolio ZURICH, V8 186,249186.2k $15.5m $15.5m 0.01% Reduced -26.3k -26,319
41 Mariner, LLC 0.03% of their portfolio Overland Park, KS 173,177173.2k $14.4m $14.4m 0.03% Reduced -6.4k -6,415
42 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 172,348172.3k $14.4m $14.4m 0.03% Reduced -33.0k -33,020
43 Corient Private Wealth LP 0.03% of their portfolio MIAMI, FL 170,852170.9k $14.2m $14.2m 0.03% Added +64.3k +64,336
44 Lutz Financial Services LLC 1.33% of their portfolio OMAHA, NE 169,735169.7k $14.1m $14.1m 1.33% Reduced -860 -860
45 GHP Investment Advisors, Inc. 0.73% of their portfolio Denver, CO 161,367161.4k $13.4m $13.4m 0.73% Added +3.5k +3,512
46 SAGE FINANCIAL GROUP INC 1.28% of their portfolio W. CONSHOHOCKEN, PA 157,884157.9k $13.2m $13.2m 1.28% Added +2.9k +2,926
47 Asset Dedication, LLC 1.06% of their portfolio SAN FRANCISCO, CA 157,367157.4k $13.1m $13.1m 1.06% Reduced -8.1k -8,100
48 Marathon Mission, Inc. 10.85% of their portfolio ALBANY, NY 156,949156.9k $13.1m $13.1m 10.85% Added +4.0k +4,046
49 Financial Synergies Wealth Advisors, Inc. 1.80% of their portfolio HOUSTON, TX 156,476156.5k $11.6m $11.6m 1.80% Reduced -8.5k -8,461
50 Financial Strategies Group, Inc. 3.57% of their portfolio OKEMOS, MI 156,235156.2k $12.5m $12.5m 3.57% Added +1.8k +1,791
51 Rockbridge Investment Management, LCC 1.98% of their portfolio Syracuse, NY 155,412155.4k $12.9m $12.9m 1.98% Added +5.9k +5,928
52 RESTON WEALTH MANAGEMENT LLC 5.70% of their portfolio Reston, VA 149,485149.5k $12.5m $12.5m 5.70% Added +2.9k +2,868
53 Capasso Planning Partners LLC 5.52% of their portfolio CHARLESTON, SC 141,880141.9k $11.8m $11.8m 5.52% Added +7.6k +7,585
54 Key Financial Inc 3.15% of their portfolio WEST CHESTER, PA 138,205138.2k $11.5m $11.5m 3.15% Added +4.7k +4,658
55 Wrenne Financial Planning LLC 9.31% of their portfolio Lexington, KY 131,307131.3k $10.9m $10.9m 9.31% First filing
56 TIAA TRUST, NATIONAL ASSOCIATION 0.04% of their portfolio CHARLOTTE, NC 127,370127.4k $10.6m $10.6m 0.04% Reduced -15.7k -15,716
57 Concord Wealth Partners 2.12% of their portfolio ABINGDON, VA 126,851126.9k $10.6m $10.6m 2.12% Reduced -9.2k -9,229
58 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 125,857125.9k $10.5m $10.5m 0.02% Added +4.0k +3,962
59 Triangle Securities Wealth Management 3.19% of their portfolio RALEIGH, NC 123,216123.2k $10.3m $10.3m 3.19% Added +14.9k +14,917
60 Morton Brown Family Wealth, LLC 4.46% of their portfolio ALLENTOWN, PA 122,321122.3k $10.2m $10.2m 4.46% Reduced -41.8k -41,843
61 Resonant Capital Advisors, LLC 0.98% of their portfolio Madison, WI 121,726121.7k $10.1m $10.1m 0.98% Added +2.4k +2,404
62 Compass Ion Advisors, LLC 1.56% of their portfolio CONSHOHOCKEN, PA 120,515120.5k $10.0m $10.0m 1.56% Added +1.2k +1,233
63 Concord Asset Management, LLC/VA 2.93% of their portfolio ABINGDON, VA 119,775119.8k $10.0m $10.0m 2.93% Added +3.6k +3,562
64 Retirement Group, LLC 3.90% of their portfolio SAN DIEGO, CA 115,911115.9k $9.7m $9.7m 3.90% Reduced -1.2k -1,189
65 Optimist Retirement Group LLC 6.25% of their portfolio BELLEVUE, WA 115,549115.5k $9.6m $9.6m 6.25% First filing
66 FOCUS FINANCIAL NETWORK INC /ADV 0.36% of their portfolio Minneapolis, MN 113,500113.5k $9.5m $9.5m 0.36% First filing
67 Clark Capital Management Group, Inc. 0.08% of their portfolio PHILADELPHIA, PA 110,485110.5k $9.2m $9.2m 0.08% Added +12.4k +12,351
68 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 107,811107.8k $9.0m $9.0m 0.00% Added +46.6k +46,580
69 Red Door Wealth Management, LLC 1.91% of their portfolio Memphis, TN 105,639105.6k $8.8m $8.8m 1.91% Reduced -5.4k -5,416
70 Perritt Capital Management Inc 4.91% of their portfolio Chicago, IL 105,377105.4k $8.8m $8.8m 4.91% Added +3.1k +3,061
71 Betterment LLC 0.02% of their portfolio NEW YORK, NY 103,733103.7k $8.6m $8.6m 0.02% Reduced -8.9k -8,866
72 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.25% of their portfolio LOS ANGELES, CA 100,767100.8k $8.4m $8.4m 0.25% Added +2.9k +2,932
73 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 98,55198.6k $8.2m $8.2m 0.00% Reduced -14.2k -14,207
74 BIP Wealth, LLC 0.64% of their portfolio ATLANTA, GA 97,30097.3k $8.1m $8.1m 0.64% Added +2.1k +2,055
75 N.E.W. Advisory Services LLC 0.97% of their portfolio DE PERE, WI 96,79696.8k $8.1m $8.1m 0.97% Reduced -2.2k -2,241
76 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 91,70691.7k $7.6m $7.6m 0.03% Added +7.0k +6,960
77 MATHER GROUP, LLC. 0.12% of their portfolio CHICAGO, IL 91,25091.2k $7.6m $7.6m 0.12% Reduced -25.1k -25,085
78 Perennial Investment Advisors, LLC 1.26% of their portfolio Los Angeles, CA 91,21891.2k $7.6m $7.6m 1.26% Reduced -2.8k -2,789
79 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 89,46389.5k $7.5m $7.5m 0.02% Added +3.8k +3,814
80 NORTHWEST WEALTH MANAGEMENT, LLC 2.21% of their portfolio SPENCER, IA 87,98788.0k $7.3m $7.3m 2.21% Added +1.9k +1,881
81 McAdam, LLC 0.53% of their portfolio Philadelphia, PA 87,74687.7k $7.3m $7.3m 0.53% Reduced -862 -862
82 Geneos Wealth Management Inc. 0.35% of their portfolio ENGLEWOOD, CO 86,24486.2k $7.2m $7.2m 0.35% Added +4.2k +4,213
83 Diversified, LLC 1.52% of their portfolio Wilmington, DE 84,54684.5k $7.0m $7.0m 1.52% Added +4.7k +4,728
84 Ledge Wealth Management, Inc. 2.73% of their portfolio SARTELL, MN 84,16584.2k $7.0m $7.0m 2.73% Reduced -237 -237
85 Cambridge Financial Group, LLC 3.64% of their portfolio TUCSON, AZ 83,85183.9k $7.0m $7.0m 3.64% First filing
86 ALPS ADVISORS INC 0.05% of their portfolio Denver, CO 78,59078.6k $6.5m $6.5m 0.05% Added +1.9k +1,915
87 CarsonAllaria Wealth Management, Ltd. 4.59% of their portfolio GLEN CARBON, IL 76,91976.9k $6.4m $6.4m 4.59% Added +3.6k +3,591
88 AIRE ADVISORS, LLC 1.58% of their portfolio BEVERLY HILLS, CA 76,48176.5k $6.4m $6.4m 1.58% Reduced -8.1k -8,116
89 Salomon & Ludwin, LLC 0.58% of their portfolio RICHMOND, VA 76,42876.4k $5.5m $5.5m 0.58% Unchanged
90 FINANCIAL COUNSELORS INC 0.11% of their portfolio Overland Park, KS 76,11376.1k $6.3m $6.3m 0.11% Reduced -903.5k -903,498
91 Probity Advisors, Inc. 1.37% of their portfolio DALLAS, TX 75,31575.3k $6.3m $6.3m 1.37% Added +730 +730
92 NWAM LLC 0.50% of their portfolio MERCER ISLAND, WA 74,10074.1k $6.2m $6.2m 0.50% Added +1.4k +1,441
93 LPWM LLC 2.35% of their portfolio MINNEAPOLIS, MN 73,78573.8k $5.9m $5.9m 2.35% Reduced -1.4k -1,400
94 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 71,13371.1k $5.9m $5.9m 0.03% Added +2.0k +2,004
95 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 67,04967.0k $5.6m $5.6m 0.01% Reduced -9.9k -9,885
96 DENVER WEALTH MANAGEMENT, INC. 3.15% of their portfolio DENVER, CO 66,80066.8k $5.6m $5.6m 3.15% Reduced -829 -829
97 WealthShield Partners, LLC 0.89% of their portfolio CARY, NC 64,77364.8k $5.4m $5.4m 0.89% Added +2.1k +2,092
98 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 64,29464.3k $5.4m $5.4m 0.00% Added +12.7k +12,686
99 CAHILL FINANCIAL ADVISORS INC 0.79% of their portfolio EDINA, MN 64,29164.3k $5.4m $5.4m 0.79% Added +1.6k +1,551
100 Kades & Cheifetz LLC 3.79% of their portfolio Berwyn, PA 64,16064.2k $5.3m $5.3m 3.79% Added +1.6k +1,629