Vault-13

SPDR SER TR SLYV

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

620 institutional holders +19 vs Q1 2026
30,409,27030.4m shares reported held*
$3.3bnreported value*
50 new 195 added 246 reduced 28 sold out net bought ≈ $239.8m (+2.2m 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 ($2.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $109.01. Options: 5 managers hold calls ($294.1m notional), 0 hold puts (—).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 457Q4 22: 480Q1 23: 471Q2 23: 501Q3 23: 484Q4 23: 536Q1 24: 535Q2 24: 535Q3 24: 552Q4 24: 585Q1 25: 554Q2 25: 554Q3 25: 564Q4 25: 588Q1 26: 601Q2 26: 620620Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022457
Q4 2022480
Q1 2023471
Q2 2023501
Q3 2023484
Q4 2023536
Q1 2024535
Q2 2024535
Q3 2024552
Q4 2024585
Q1 2025554
Q2 2025554
Q3 2025564
Q4 2025588
Q1 2026601
Q2 2026620

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 24: 249 bought or addedQ3 24: 235 cut or sold outQ4 24: 246 bought or addedQ4 24: 234 cut or sold outQ4 24Q1 25: 233 bought or addedQ1 25: 288 cut or sold outQ2 25: 219 bought or addedQ2 25: 274 cut or sold outQ2 25Q3 25: 223 bought or addedQ3 25: 271 cut or sold outQ4 25: 217 bought or addedQ4 25: 282 cut or sold outQ4 25Q1 26: 227 bought or addedQ1 26: 277 cut or sold outQ2 26: 245 bought or addedQ2 26: 274 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024249235
Q4 2024246234
Q1 2025233288
Q2 2025219274
Q3 2025223271
Q4 2025217282
Q1 2026227277
Q2 2026245274

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ3 25 calls: $211.8mQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $199.4mQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $184.1mQ1 26 puts: $0Q1 26P/C 0.00Q2 26 calls: $294.1mQ2 26 puts: $0Q2 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2025$211.8m$00.00
Q4 2025$199.4m$00.00
Q1 2026$184.1m$00.00
Q2 2026$294.1m$00.00

Biggest buyers

LPL Financial LLC Added +1,995,326+2.0m
Pacific Life Fund Advisors LLC New +565,677+565.7k
Convergence Financial, LLC Added +180,516+180.5k
Cambridge Investment Research Advisors, Inc. Added +108,805+108.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +82,075+82.1k
Leicht Financial Planning & Wealth Management, Inc. New +78,485+78.5k
KWB Wealth Added +61,419+61.4k
Savant Capital, LLC Added +45,497+45.5k
Compton Financial Group, LLC New +44,658+44.7k
IFG Advisory, LLC New +40,806+40.8k

Biggest sellers

Goelzer Investment Management, Inc. Reduced -416,501-416.5k
Independent Advisor Alliance Reduced -92,784-92.8k
American Financial Advisors, LLC Reduced -88,312-88.3k
BANK OF AMERICA CORP /DE/ Reduced -84,115-84.1k
BALANCED WEALTH GROUP LLC Reduced -82,220-82.2k
Private Advisor Group, LLC Reduced -79,017-79.0k
WELLS FARGO & COMPANY/MN Reduced -78,344-78.3k
ENVESTNET ASSET MANAGEMENT INC Reduced -75,896-75.9k
WealthShield Partners, LLC Reduced -66,170-66.2k
AMERIPRISE FINANCIAL INC Reduced -51,117-51.1k

Biggest calls

GROUP ONE TRADING LLC Added $170.5m1.1m shares
IMC-Chicago, LLC Reduced $122.7m775.2k shares
Momentum Wealth Planning, LLC New $382.3k90 shares
CITADEL ADVISORS LLC Added $371.0k3.4k shares
LCM Capital Management Inc New $237.4k1.5k 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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.18% of their portfolio FORT MILL, SC 7,166,4757.2m $781.9m $781.9m 0.18% Added +2.0m +1,995,326
2 Financial Engines Advisors L.L.C. 0.20% of their portfolio SANTA CLARA, CA 1,038,9901.0m $113.4m $113.4m 0.20% Reduced -44.5k -44,483
3 Cannon Financial Strategists, Inc. 12.43% of their portfolio ATHENS, GA 1,001,1381.0m $109.2m $109.2m 12.43% Reduced -6.9k -6,917
4 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 960,074960.1k $104.8m $104.8m 0.01% Reduced -84.1k -84,115
5 NorthRock Partners, LLC 1.32% of their portfolio MINNEAPOLIS, MN 834,093834.1k $91.0m $91.0m 1.32% Added +36.2k +36,181
6 Pacific Life Fund Advisors LLC 6.79% of their portfolio NEWPORT BEACH, CA 565,677565.7k $61.7m $61.7m 6.79% New
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 556,313556.3k $60.7m $60.7m 0.00% Reduced -131 -131
8 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 545,069545.1k $59.6m $59.6m 0.01% Reduced -51.1k -51,117
9 Convergence Financial, LLC 3.31% of their portfolio COLUMBIA, MO 381,642381.6k $41.6m $41.6m 3.31% Added +180.5k +180,516
10 Goelzer Investment Management, Inc. 1.78% of their portfolio CARMEL, IN 374,631374.6k $40.9m $40.9m 1.78% Reduced -416.5k -416,501
11 WCG Wealth Advisors LLC 0.95% of their portfolio LAS VEGAS, NV 367,902367.9k $40.1m $40.1m 0.95% Reduced -12.7k -12,744
12 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 324,356324.4k $35.4m $35.4m 0.02% Reduced -30.4k -30,408
13 Rodgers & Associates, LTD 3.20% of their portfolio Lancaster, PA 322,641322.6k $35.2m $35.2m 3.20% Reduced -1.3k -1,263
14 Equitable Holdings, Inc. 0.21% of their portfolio NEW YORK, NY 318,546318.5k $34.8m $34.8m 0.21% Added +18.4k +18,396
15 Fragasso Financial Advisors Inc 1.78% of their portfolio SEWICKLEY, PA 305,286305.3k $33.3m $33.3m 1.78% Reduced -4.8k -4,794
16 Dean, Jacobson Financial Services, LLC 17.32% of their portfolio FORT WORTH, TX 288,425288.4k $31.5m $31.5m 17.32% Reduced -2.3k -2,280
17 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 280,730280.7k $30.6m $30.6m 0.04% Reduced -5.3k -5,324
18 Klingman & Associates, LLC 1.30% of their portfolio New York, NY 279,909279.9k $30.5m $30.5m 1.30% Reduced -1.1k -1,132
19 Focus Partners Wealth 0.03% of their portfolio ST LOUIS, MO 279,896279.9k $30.5m $30.5m 0.03% Added +22.3k +22,277
20 BRANDYWINE OAK PRIVATE WEALTH LLC 2.30% of their portfolio Kennett Square, PA 278,220278.2k $30.4m $30.4m 2.30% Reduced -6.6k -6,597
21 Morningstar Investment Management LLC 1.49% of their portfolio CHICAGO, IL 255,802255.8k $24.2m $24.2m 1.49% Unchanged
22 Evensky & Katz LLC 1.43% of their portfolio CORAL GABLES, FL 254,349254.3k $27.8m $27.8m 1.43% Reduced -12.4k -12,356
23 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 231,734231.7k $25.3m $25.3m 0.03% Added +108.8k +108,805
24 Waverly Advisors, LLC 0.15% of their portfolio BIRMINGHAM, AL 230,724230.7k $25.2m $25.2m 0.15% Reduced -4.8k -4,785
25 CANANDAIGUA NATIONAL BANK & TRUST CO 2.02% of their portfolio CANANDAIGUA, NY 219,319219.3k $23.9m $23.9m 2.02% First filing
26 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 219,289219.3k $23.9m $23.9m 0.03% Reduced -8.5k -8,457
27 One Day In July LLC 1.65% of their portfolio BURLINGTON, VT 217,834217.8k $23.8m $23.8m 1.65% Added +16.6k +16,571
28 Wrenne Financial Planning LLC 7.81% of their portfolio Lexington, KY 211,985212.0k $23.1m $23.1m 7.81% Added +9.0k +9,021
29 First National Trust Co 0.78% of their portfolio Johnstown, PA 210,616210.6k $23.0m $23.0m 0.78% Added +1.4k +1,444
30 OpenArc Corporate Advisory, LLC 0.26% of their portfolio ATLANTA, GA 200,367200.4k $21.9m $21.9m 0.26% Reduced -18.2k -18,236
31 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 199,840199.8k $21.8m $21.8m 0.02% Reduced -13.1k -13,130
32 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 197,628197.6k $21.1m $21.1m 0.04% Reduced -14.2k -14,155
33 Financial Strategies Group, Inc. 3.29% of their portfolio OKEMOS, MI 188,300188.3k $20.6m $20.6m 3.29% Added +3.6k +3,551
34 GHP Investment Advisors, Inc. 0.74% of their portfolio Denver, CO 184,716184.7k $20.2m $20.2m 0.74% Added +2.9k +2,927
35 FAS Wealth Partners, Inc. 1.05% of their portfolio LEAWOOD, KS 184,101184.1k $20.1m $20.1m 1.05% Added +7.1k +7,094
36 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 183,331183.3k $20.0m $20.0m 0.00% Reduced -78.3k -78,344
37 Key Financial Inc 3.23% of their portfolio WEST CHESTER, PA 180,724180.7k $19.7m $19.7m 3.23% Reduced -2.3k -2,315
38 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 178,621178.6k $19.5m $19.5m 0.02% Reduced -13.4k -13,367
39 Avantax Planning Partners, Inc. 0.48% of their portfolio DUBUQUE, IA 176,693176.7k $19.3m $19.3m 0.48% Reduced -7.1k -7,070
40 American Financial Advisors, LLC 2.12% of their portfolio Marietta, GA 161,395161.4k $17.6m $17.6m 2.12% Reduced -88.3k -88,312
41 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 154,964155.0k $16.9m $16.9m 0.00% Reduced -75.9k -75,896
42 SAGE FINANCIAL GROUP INC 0.92% of their portfolio W. CONSHOHOCKEN, PA 152,819152.8k $16.7m $16.7m 0.92% Reduced -6.2k -6,245
43 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 150,501150.5k $16.4m $16.4m 0.01% Added +17.6k +17,600
44 Geneos Wealth Management Inc. 0.32% of their portfolio ENGLEWOOD, CO 142,458142.5k $15.5m $15.5m 0.32% Added +25.9k +25,901
45 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.05% of their portfolio CHARLOTTE, NC 138,743138.7k $15.1m $15.1m 0.05% Reduced -8.6k -8,573
46 Optimist Retirement Group LLC 5.76% of their portfolio BELLEVUE, WA 136,908136.9k $14.9m $14.9m 5.76% Reduced -194 -194
47 Lutz Financial Services LLC 0.91% of their portfolio OMAHA, NE 136,271136.3k $14.9m $14.9m 0.91% Reduced -2.2k -2,179
48 UBS Group AG 0.00% of their portfolio ZURICH, V8 135,160135.2k $14.7m $14.7m 0.00% Reduced -15.9k -15,895
49 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 130,437130.4k $14.2m $14.2m 0.02% Added +5.3k +5,340
50 CarsonAllaria Wealth Management, Ltd. 6.13% of their portfolio GLEN CARBON, IL 129,564129.6k $14.1m $14.1m 6.13% Added +5.1k +5,129
51 STEVENS CAPITAL PARTNERS 2.66% of their portfolio OMAHA, NE 128,076128.1k $14.0m $14.0m 2.66% Added +26.9k +26,926
52 Triangle Securities Wealth Management 2.69% of their portfolio RALEIGH, NC 124,315124.3k $13.6m $13.6m 2.69% Added +34 +34
53 BIP Wealth, LLC 0.38% of their portfolio ATLANTA, GA 121,966122.0k $13.3m $13.3m 0.38% Added +6.9k +6,915
54 Rothschild Wealth LLC 1.04% of their portfolio OAK BROOK, IL 119,184119.2k $13.0m $13.0m 1.04% Reduced -9.6k -9,624
55 Asset Dedication, LLC 0.73% of their portfolio SAN FRANCISCO, CA 106,354106.4k $11.6m $11.6m 0.73% Reduced -4.8k -4,845
56 LPWM LLC 2.45% of their portfolio MINNEAPOLIS, MN 101,312101.3k $11.1m $11.1m 2.45% Added +489 +489
57 Focus Partners Advisor Solutions, LLC 0.09% of their portfolio SAINT LOUIS, MO 99,91099.9k $10.9m $10.9m 0.09% Added +3.4k +3,388
58 Avior Wealth Management, LLC 0.28% of their portfolio OMAHA, NE 99,12699.1k $10.8m $10.8m 0.28% Added +29.9k +29,902
59 N.E.W. Advisory Services LLC 0.72% of their portfolio DE PERE, WI 99,10199.1k $10.8m $10.8m 0.72% Reduced -5.1k -5,102
60 Capasso Planning Partners LLC 5.32% of their portfolio CHARLESTON, SC 97,84597.8k $10.7m $10.7m 5.32% Reduced -1.3k -1,338
61 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 97,14997.1k $10.6m $10.6m 0.00% Added +5.4k +5,372
62 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 94,16694.2k $10.3m $10.3m 0.01% Added +3.0k +2,957
63 Rockbridge Investment Management, LCC 0.82% of their portfolio Syracuse, NY 92,71792.7k $10.1m $10.1m 0.82% Reduced -1.7k -1,665
64 Savant Capital, LLC 0.03% of their portfolio ROCKFORD, IL 90,72990.7k $9.2m $9.2m 0.03% Added +45.5k +45,497
65 Mariner, LLC 0.01% of their portfolio Overland Park, KS 88,47388.5k $9.7m $9.7m 0.01% Reduced -9.9k -9,913
66 Modera Wealth Management, LLC 0.10% of their portfolio WESTWOOD, NJ 87,92387.9k $9.6m $9.6m 0.10% Reduced -43 -43
67 Diversified Enterprises, LLC 0.46% of their portfolio Wilmington, DE 87,23487.2k $9.5m $9.5m 0.46% Added +643 +643
68 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 85,38985.4k $9.3m $9.3m 0.01% Added +82.1k +82,075
69 TRB Wealth Management, LLC 1.22% of their portfolio HOUSTON, TX 83,73783.7k $9.1m $9.1m 1.22% Added +1.0k +1,009
70 Trilogy Capital Inc. 0.35% of their portfolio IRVINE, CA 81,46181.5k $8.9m $8.9m 0.35% Added +9.9k +9,865
71 MATHER GROUP, LLC. 0.08% of their portfolio CHICAGO, IL 81,16981.2k $8.9m $8.9m 0.08% Reduced -1.5k -1,457
72 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 80,49180.5k $8.8m $8.8m 0.00% Added +5.0k +5,023
73 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 80,10380.1k $8.7m $8.7m 0.04% Reduced -79.0k -79,017
74 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 79,11279.1k $8.6m $8.6m 0.01% Added +14.3k +14,310
75 Leicht Financial Planning & Wealth Management, Inc. 3.51% of their portfolio PARSIPPANY, NJ 78,48578.5k $8.6m $8.6m 3.51% New
76 Symphony Financial, Ltd. Co. 0.90% of their portfolio HOUSTON, TX 75,65675.7k $8.2m $8.2m 0.90% Added +4.9k +4,915
77 Arnold Financial Planning LLC 6.14% of their portfolio HIAWATHA, IA 75,50575.5k $8.2m $8.2m 6.14% Added +1.2k +1,248
78 NWAM LLC 0.41% of their portfolio MERCER ISLAND, WA 74,37974.4k $8.1m $8.1m 0.41% Reduced -14.9k -14,888
79 KWB Wealth 0.67% of their portfolio REDLANDS, CA 71,37871.4k $7.8m $7.8m 0.67% Added +61.4k +61,419
80 Cambridge Financial Group, LLC 2.36% of their portfolio TUCSON, AZ 68,66968.7k $7.5m $7.5m 2.36% Reduced -1.1k -1,117
81 RITHOLTZ WEALTH MANAGEMENT 0.11% of their portfolio NEW YORK, NY 68,24168.2k $7.4m $7.4m 0.11% Added +1.8k +1,769
82 MONECO ADVISORS, LLC 0.45% of their portfolio FAIRFIELD, CT 67,94367.9k $7.4m $7.4m 0.45% Added +5.8k +5,788
83 AIRE ADVISORS, LLC 1.19% of their portfolio BEVERLY HILLS, CA 66,81566.8k $7.3m $7.3m 1.19% Reduced -277 -277
84 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 65,18165.2k $7.1m $7.1m 0.00% Added +393 +393
85 CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC 0.90% of their portfolio BETHLEHEM, PA 63,14963.1k $6.9m $6.9m 0.90% Unchanged
86 Kingsview Wealth Management, LLC 0.08% of their portfolio GRANTS PASS, OR 62,40462.4k $6.8m $6.8m 0.08% Reduced -6.5k -6,526
87 Roberts Financial Services LLC 1.96% of their portfolio MARQUETTE, MI 61,43661.4k $6.7m $6.7m 1.96% Reduced -101 -101
88 NORTHWEST WEALTH MANAGEMENT, LLC 0.87% of their portfolio SPENCER, IA 60,68460.7k $6.6m $6.6m 0.87% Reduced -851 -851
89 Palisades Hudson Asset Management, L.P. 2.29% of their portfolio FORT LAUDERDALE, FL 59,92459.9k $6.5m $6.5m 2.29% Reduced -2.1k -2,150
90 IHT Wealth Management, LLC 0.14% of their portfolio Chicago, IL 59,28759.3k $6.5m $6.5m 0.14% Added +76 +76
91 Marathon Mission, Inc. 2.97% of their portfolio ALBANY, NY 54,50554.5k $5.9m $5.9m 2.97% Added +732 +732
92 Probity Advisors, Inc. 0.84% of their portfolio DALLAS, TX 53,97354.0k $5.9m $5.9m 0.84% Reduced -2.0k -1,985
93 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.10% of their portfolio LOS ANGELES, CA 53,31653.3k $5.8m $5.8m 0.10% Reduced -7.8k -7,840
94 Midwest Trust Co 0.07% of their portfolio Overland Park, KS 52,83152.8k $5.8m $5.8m 0.07% Reduced -962 -962
95 INTERACTIVE FINANCIAL ADVISORS, INC. 3.43% of their portfolio New Lenox, IL 52,52952.5k $5.6m $5.6m 3.43% Added +742 +742
96 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 51,00151.0k $5.6m $5.6m 0.01% Added +5.2k +5,158
97 Nvest Wealth Strategies, Inc. 3.45% of their portfolio POWELL, OH 50,25950.3k $5.5m $5.5m 3.45% Added +28 +28
98 Salomon & Ludwin, LLC 0.45% of their portfolio RICHMOND, VA 50,14250.1k $5.5m $5.5m 0.45% Reduced -2.1k -2,113
99 Hamilton Capital, LLC 0.27% of their portfolio COLUMBUS, OH 49,60049.6k $5.4m $5.4m 0.27% Added +3.1k +3,085
100 Sankala Group LLC 3.42% of their portfolio LYONS, CO 46,41546.4k $5.1m $5.1m 3.42% Added +3.2k +3,178