Vault-13

SPDR SER TR CWB

BBG CONV SEC ETF · ETP · CUSIP 78464A359

442 institutional holders -32 vs Q4 2022
29,996,19830.0m shares reported held*
$2.0bnreported value*
47 new 118 added 176 reduced 70 sold out net sold ≈ $530.8m (-8.1m 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 ($2.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $68.17. Options: 3 managers hold calls ($2.3m notional), 2 hold puts ($11.7k).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 458Q4 22: 474Q1 23: 442442Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022458
Q4 2022474
Q1 2023442

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 168 bought or addedQ4 22: 232 cut or sold outQ4 22Q1 23: 165 bought or addedQ1 23: 246 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022168232
Q1 2023165246

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ3 22 calls: $4.7mQ3 22 puts: $31.1mQ3 22P/C 6.57Q4 22 calls: $4.6mQ4 22 puts: $2.2mQ4 22P/C 0.49Q1 23 calls: $2.3mQ1 23 puts: $11.7kQ1 23P/C 0.01
Numbers
QuarterCallsPutsP/C
Q3 2022$4.7m$31.1m6.57
Q4 2022$4.6m$2.2m0.49
Q1 2023$2.3m$11.7k0.01

Biggest buyers

AMERIPRISE FINANCIAL INC Added +447,824+447.8k
Integrated Wealth Concepts LLC Added +345,825+345.8k
MORGAN STANLEY Added +203,109+203.1k
One Wealth Map LLC Added +175,868+175.9k
WELLINGTON MANAGEMENT GROUP LLP Added +156,900+156.9k
BLUEFIN CAPITAL MANAGEMENT, LLC New +145,594+145.6k
MANGROVE PARTNERS IM, LLC New +130,381+130.4k
DEUTSCHE BANK AG\ Added +92,786+92.8k
EP Wealth Advisors, LLC Added +88,228+88.2k
PFG Advisors New +86,103+86.1k

Biggest sellers

ASSETMARK, INC Reduced -3,679,253-3.7m
JANE STREET GROUP, LLC Sold out -1,847,064-1.8m
GOLDMAN SACHS GROUP INC Reduced -509,800-509.8k
Allianz Asset Management GmbH Reduced -498,275-498.3k
BANK OF AMERICA CORP /DE/ Reduced -476,293-476.3k
ENVESTNET ASSET MANAGEMENT INC Reduced -407,105-407.1k
TOWNSQUARE CAPITAL LLC Sold out -235,931-235.9k
Strategic Investment Advisors / MI Sold out -165,700-165.7k
Elequin Capital, LP Sold out -153,900-153.9k
Calamos Wealth Management LLC Reduced -124,771-124.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.8m26.4k shares
CITADEL ADVISORS LLC Added $523.1k7.8k shares
Cutler Group LLC / CA Added $0600 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $6.7k100 shares
Cutler Group LLC / CA Reduced $5.0k7.4k 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, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,769,2962.8m $185.7m $185.7m 0.02% Reduced -476.3k -476,293
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 2,342,3412.3m $157.1m $157.1m 0.02% Added +203.1k +203,109
3 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,340,3671.3m $89.9m $89.9m 0.02% Reduced -509.8k -509,800
4 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,156,1771.2m $77.5m $77.5m 0.02% Reduced -105.7k -105,735
5 PNC Financial Services Group, Inc. 0.06% of their portfolio Pittsburgh, PA 1,088,6641.1m $73.0m $73.0m 0.06% Reduced -43.7k -43,659
6 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,048,6701.0m $70.4m $70.4m 0.02% Added +447.8k +447,824
7 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 1,003,6241.0m $67.3m $67.3m 0.05% Added +22.4k +22,445
8 DEUTSCHE BANK AG\ 0.04% of their portfolio FRANKFURT AM MAIN, 2M 947,784947.8k $63.6m $63.6m 0.04% Added +92.8k +92,786
9 New York Life Investment Management LLC 0.66% of their portfolio New York, NY 879,293879.3k $59.0m $59.0m 0.66% Reduced -61.5k -61,509
10 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 819,868819.9k $55.1m $55.1m 0.02% Reduced -47.0k -46,973
11 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 678,128678.1k $45.5m $45.5m 0.02% Reduced -407.1k -407,105
12 UBS Group AG 0.02% of their portfolio ZURICH, V8 631,074631.1k $42.3m $42.3m 0.02% Reduced -87.3k -87,310
13 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 598,531598.5k $40.1m $40.1m 0.02% Added +26.6k +26,643
14 Conservest Capital Advisors, Inc. 4.25% of their portfolio WYNNEWOOD, PA 530,926530.9k $35.6m $35.6m 4.25% Reduced -43.7k -43,699
15 BARCLAYS PLC 0.03% of their portfolio LONDON, X0 464,461464.5k $31.2m $31.2m 0.03% Added +39.1k +39,126
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 445,565445.6k $29.9m $29.9m 0.04% Reduced -19.5k -19,500
17 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 421,966422.0k $28.3m $28.3m 0.05% Reduced -100.2k -100,230
18 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 408,796408.8k $27.4m $27.4m 0.01% Reduced -36.8k -36,799
19 Insight Wealth Strategies, LLC 5.18% of their portfolio SAN RAMON, CA 394,212394.2k $26.4m $26.4m 5.18% Added +44.9k +44,929
20 Integrated Wealth Concepts LLC 0.49% of their portfolio WALTHAM, MA 354,450354.4k $23.8m $23.8m 0.49% Added +345.8k +345,825
21 FULTON BREAKEFIELD BROENNIMAN LLC 1.82% of their portfolio Bethesda, MD 316,354316.4k $21.2m $21.2m 1.82% Added +3.2k +3,185
22 Cambridge Investment Research Advisors, Inc. 0.10% of their portfolio FAIRFIELD, IA 305,631305.6k $20.5m $20.5m 0.10% Reduced -25.3k -25,333
23 GUGGENHEIM CAPITAL LLC 0.17% of their portfolio CHICAGO, IL 291,614291.6k $19.6m $19.6m 0.17% Added +9.8k +9,814
24 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 271,229271.2k $18.2m $18.2m 0.03% Reduced -14.4k -14,422
25 Waldron Private Wealth LLC 0.81% of their portfolio BRIDGEVILLE, PA 248,506248.5k $16.7m $16.7m 0.81% Added +33.8k +33,839
26 Hall Private Wealth Advisors 8.58% of their portfolio SAN DIEGO, CA 245,594245.6k $16.5m $16.5m 8.58% Reduced -27.0k -27,017
27 ACT Advisors, LLC. 9.95% of their portfolio ASHEVILLE, NC 230,055230.1k $15.4m $15.4m 9.95% Reduced -40 -40
28 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 207,541207.5k $13.9m $13.9m 0.03% Added +2.7k +2,699
29 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 205,889205.9k $13.8m $13.8m 0.03% Reduced -12.6k -12,637
30 River Wealth Advisors LLC 2.46% of their portfolio CAMP HILL, PA 201,830201.8k $13.5m $13.5m 2.46% Added +3.7k +3,722
31 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 199,500199.5k $13.4m $13.4m 0.00% Added +156.9k +156,900
32 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 191,726191.7k $12.9m $12.9m 0.02% Reduced -45.4k -45,415
33 HUNTINGTON NATIONAL BANK 0.13% of their portfolio COLUMBUS, OH 190,944190.9k $12.8m $12.8m 0.13% Added +329 +329
34 One Wealth Map LLC 7.88% of their portfolio LAS VEGAS, NV 184,605184.6k $12.4m $12.4m 7.88% Added +175.9k +175,868
35 OPPENHEIMER ASSET MANAGEMENT INC. 0.19% of their portfolio NEW YORK, NY 181,140181.1k $12.1m $12.1m 0.19% Reduced -2.4k -2,377
36 XML Financial, LLC 1.43% of their portfolio BETHESDA, MD 175,574175.6k $11.8m $11.8m 1.43% Added +2.3k +2,332
37 Syntegra Private Wealth Group, LLC 2.05% of their portfolio Chesterfield, MO 171,758171.8k $11.5m $11.5m 2.05% Added +17.1k +17,061
38 STEPHENS INC /AR/ 0.22% of their portfolio LITTLE ROCK, AR 167,473167.5k $11.2m $11.2m 0.22% Reduced -3.7k -3,727
39 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 166,597166.6k $11.2m $11.2m 0.05% Reduced -621 -621
40 NOMURA ASSET MANAGEMENT CO LTD 0.05% of their portfolio TOKYO, M0 153,407153.4k $10.3m $10.3m 0.05% Added +350 +350
41 State of Tennessee, Department of Treasury 0.04% of their portfolio NASHVILLE, TN 148,500148.5k $10.0m $10.0m 0.04% Unchanged
42 B. Riley Wealth Advisors, Inc. 0.26% of their portfolio MEMPHIS, TN 148,065148.1k $9.9m $9.9m 0.26% Reduced -56.2k -56,174
43 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 147,648147.6k $9.9m $9.9m 0.07% Reduced -124.1k -124,100
44 BLUEFIN CAPITAL MANAGEMENT, LLC 1.38% of their portfolio NEW YORK, NY 145,594145.6k $9.8m $9.8m 1.38% New
45 AMG National Trust Bank 0.34% of their portfolio GREENWOOD VILLAGE, CO 144,707144.7k $9.7m $9.7m 0.34% Reduced -38.8k -38,757
46 Bensler, LLC 1.91% of their portfolio Bellevue, WA 140,823140.8k $9.4m $9.4m 1.91% Added +6.3k +6,349
47 AE Wealth Management LLC 0.06% of their portfolio TOPEKA, KS 131,713131.7k $8.8m $8.8m 0.06% Added +78.1k +78,141
48 MANGROVE PARTNERS IM, LLC 0.59% of their portfolio Greenwich, CT 130,381130.4k $8.7m $8.7m 0.59% New
49 NTV Asset Management LLC 1.55% of their portfolio Charleston, WV 123,820123.8k $8.3m $8.3m 1.55% Reduced -2.6k -2,632
50 Paulson Wealth Management Inc. 3.59% of their portfolio West Palm Beach, FL 120,256120.3k $8.1m $8.1m 3.59% Added +6.5k +6,506
51 Harfst & Associates, Inc. 2.26% of their portfolio Sheridan, WY 117,710117.7k $7.9m $7.9m 2.26% Reduced -4.4k -4,376
52 OPPENHEIMER & CO INC 0.16% of their portfolio NEW YORK, NY 115,387115.4k $7.7m $7.7m 0.16% Reduced -3.3k -3,311
53 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 110,690110.7k $7.4m $7.4m 0.01% Reduced -6.5k -6,472
54 EP Wealth Advisors, LLC 0.30% of their portfolio TORRANCE, CA 108,039108.0k $17.6m $17.6m 0.30% Added +88.2k +88,228
55 Cetera Advisor Networks LLC 0.05% of their portfolio EL SEGUNDO, CA 107,429107.4k $7.2m $7.2m 0.05% Reduced -42.0k -41,955
56 Legacy Financial Group LLC 1.97% of their portfolio DES MOINES, IA 107,167107.2k $7.2m $7.2m 1.97% Reduced -13.6k -13,629
57 Windsor Capital Management, LLC 2.38% of their portfolio Phoenix, AZ 103,149103.1k $6.9m $6.9m 2.38% Added +924 +924
58 Modera Wealth Management, LLC 0.26% of their portfolio WESTWOOD, NJ 100,610100.6k $6.7m $6.7m 0.26% Reduced -17.3k -17,333
59 Steward Partners Investment Advisory, LLC 0.10% of their portfolio STAMFORD, CT 92,47892.5k $6.2m $6.2m 0.10% Reduced -527 -527
60 McAdam, LLC 0.55% of their portfolio Philadelphia, PA 90,29590.3k $6.1m $6.1m 0.55% Reduced -34.1k -34,096
61 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 87,75087.8k $5.9m $5.9m 0.01% Reduced -27.6k -27,576
62 PFG Advisors 0.48% of their portfolio Phoenix, AZ 86,10386.1k $5.8m $5.8m 0.48% New
63 Baron Financial Group, LLC 3.48% of their portfolio Fair Lawn, NJ 82,03782.0k $5.5m $5.5m 3.48% Added +430 +430
64 Logan Stone Capital, LLC 2.15% of their portfolio CHICAGO, IL 81,02281.0k $5.4m $5.4m 2.15% New
65 Old North State Trust, LLC 3.73% of their portfolio GREENSBORO, NC 80,33880.3k $5.4m $5.4m 3.73% Added +1.3k +1,349
66 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 76,06376.1k $5.1m $5.1m 0.05% Added +4.1k +4,061
67 SSI INVESTMENT MANAGEMENT LLC 0.35% of their portfolio Los Angeles, CA 75,28475.3k $5.0m $5.0m 0.35% Reduced -56.3k -56,280
68 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 74,07174.1k $5.0m $5.0m 0.00% Added +17.6k +17,598
69 PARK AVENUE SECURITIES LLC 0.08% of their portfolio NEW YORK, NY 72,02372.0k $4.8m $4.8m 0.08% Added +12.6k +12,575
70 CW Advisors, LLC 0.12% of their portfolio BOSTON, MA 71,45171.5k $4.8m $4.8m 0.12% Unchanged
71 Yarbrough Capital, LLC 0.39% of their portfolio FRANKLIN, TN 71,35471.4k $4.8m $4.8m 0.39% Unchanged
72 Advisors Preferred, LLC 1.60% of their portfolio ROCKVILLE, MD 69,87069.9k $4.7m $4.7m 1.60% Added +66.7k +66,687
73 Mariner, LLC 0.01% of their portfolio Overland Park, KS 69,43569.4k $4.7m $4.7m 0.01% Added +23.3k +23,279
74 Disciplined Investments, LLC 1.88% of their portfolio TULSA, OK 66,38066.4k $4.5m $4.5m 1.88% Reduced -2.5k -2,474
75 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 66,29766.3k $4.4m $4.4m 0.01% Added +41.8k +41,832
76 David J Yvars Group 3.96% of their portfolio UNIVERSITY PARK, FL 65,31265.3k $4.4m $4.4m 3.96% Reduced -2.5k -2,475
77 Petix & Botte Co 2.91% of their portfolio LA MESA, CA 64,43264.4k $4.3m $4.3m 2.91% First filing
78 Arkos Global Advisors 0.86% of their portfolio HOUSTON, TX 63,80963.8k $4.3m $4.3m 0.86% Added +27.2k +27,186
79 Chicago Partners Investment Group LLC 0.25% of their portfolio CHICAGO, IL 63,32863.3k $4.2m $4.2m 0.25% Reduced -349 -349
80 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 62,43462.4k $4.2m $4.2m 0.01% Added +13.7k +13,740
81 Sterling Investment Advisors, Ltd. 1.39% of their portfolio BERWYN, PA 61,27661.3k $4.1m $4.1m 1.39% Reduced -180 -180
82 GeoWealth Management, LLC 0.48% of their portfolio CHICAGO, IL 60,82660.8k $4.1m $4.1m 0.48% Added +9.1k +9,103
83 Legacy Capital Wealth Partners, LLC 1.11% of their portfolio LITTLE ROCK, AR 60,75560.8k $4.1m $4.1m 1.11% Reduced -4.0k -4,003
84 Atria Investments, Inc 0.07% of their portfolio Charlotte, NC 56,97957.0k $3.8m $3.8m 0.07% Added +1.3k +1,302
85 Foundations Investment Advisors, LLC 0.13% of their portfolio PHOENIX, AZ 56,09256.1k $3.8m $3.8m 0.13% Added +12.9k +12,939
86 Atria Wealth Solutions, Inc. 0.05% of their portfolio NEW YORK, NY 53,71753.7k $3.6m $3.6m 0.05% Reduced -5.8k -5,826
87 EFG Private Wealth Management (Americas) Corp. 0.86% of their portfolio MIAMI, FL 53,51453.5k $3.6m $3.6m 0.86% Reduced -698 -698
88 TFG Advisers LLC 1.62% of their portfolio Auburn Hills, MI 49,79949.8k $3.3m $3.3m 1.62% Reduced -544 -544
89 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 49,20349.2k $3.3m $3.3m 0.01% Added +16.4k +16,416
90 Dynamic Advisor Solutions LLC 0.19% of their portfolio PHOENIX, AZ 49,16549.2k $3.3m $3.3m 0.19% Reduced -9.9k -9,946
91 Cavalier Investments, LLC 1.40% of their portfolio ALPHARETTA, GA 48,02148.0k $3.2m $3.2m 1.40% Added +2.8k +2,800
92 MONEYWISE, INC. 2.01% of their portfolio FOREST, VA 46,42646.4k $3.1m $3.1m 2.01% Added +2.3k +2,268
93 BESSEMER GROUP INC 0.01% of their portfolio WOODBRIDGE, NJ 44,32644.3k $3.0m $3.0m 0.01% Added +1.9k +1,930
94 Riggs Asset Managment Co. Inc. 1.14% of their portfolio DALLAS, PA 43,80443.8k $2.9m $2.9m 1.14% Added +559 +559
95 Financial Architects, Inc 0.46% of their portfolio MARLTON, NJ 42,34342.3k $2.8m $2.8m 0.46% Reduced -365 -365
96 Geneos Wealth Management Inc. 0.17% of their portfolio ENGLEWOOD, CO 42,14842.1k $2.8m $2.8m 0.17% Added +1.0k +1,025
97 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 41,26141.3k $2.8m $2.8m 0.01% Reduced -11.7k -11,685
98 CONNING INC. 0.09% of their portfolio HARTFORD, CT 40,00040.0k $2.7m $2.7m 0.09% Unchanged
99 Investors Research Corp 0.68% of their portfolio ATLANTA, GA 38,91738.9k $2.6m $2.6m 0.68% Reduced -20 -20
100 Octavia Wealth Advisors, LLC 0.58% of their portfolio CINCINNATI, OH 38,23138.2k $2.6m $2.6m 0.58% Reduced -29.1k -29,137