Vault-13

SPDR SER TR CWB

BBG CONV SEC ETF · ETP · CUSIP 78464A359

478 institutional holders +36 vs Q1 2023
42,793,25642.8m shares reported held*
$3.0bnreported value*
67 new 128 added 179 reduced 38 sold out net bought ≈ $859.5m (+12.4m 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 ($4.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $70.26. Options: 3 managers hold calls ($2.1m notional), 1 hold puts ($2.0k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 458Q4 22: 474Q1 23: 442Q2 23: 478478Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022458
Q4 2022474
Q1 2023442
Q2 2023478

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 23Q2 23: 195 bought or addedQ2 23: 217 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022168232
Q1 2023165246
Q2 2023195217

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 0.01Q2 23 calls: $2.1mQ2 23 puts: $2.0kQ2 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$4.7m$31.1m6.57
Q4 2022$4.6m$2.2m0.49
Q1 2023$2.3m$11.7k0.01
Q2 2023$2.1m$2.0k0.00

Biggest buyers

ASSETMARK, INC Added +2,434,152+2.4m
ENVESTNET ASSET MANAGEMENT INC Added +2,179,502+2.2m
Howard Capital Management, LLC New +1,865,275+1.9m
BESSEMER GROUP INC Added +1,246,448+1.2m
DELTA CAPITAL MANAGEMENT LLC New +1,071,000+1.1m
Cetera Investment Advisers Added +770,286+770.3k
OSAIC HOLDINGS, INC. Added +532,178+532.2k
Orion Porfolio Solutions, LLC Added +507,584+507.6k
Orion Portfolio Solutions, LLC Added +507,584+507.6k
Ocean Park Asset Management, LLC New +491,108+491.1k

Biggest sellers

Conservest Capital Advisors, Inc. Sold out -530,926-530.9k
Insight Wealth Strategies, LLC Reduced -381,158-381.2k
MORGAN STANLEY Reduced -270,070-270.1k
WELLINGTON MANAGEMENT GROUP LLP Reduced -191,700-191.7k
AMERIPRISE FINANCIAL INC Reduced -154,292-154.3k
BLUEFIN CAPITAL MANAGEMENT, LLC Sold out -145,594-145.6k
MANGROVE PARTNERS IM, LLC Sold out -130,381-130.4k
BANK OF MONTREAL /CAN/ Reduced -97,136-97.1k
Legacy Financial Group LLC Reduced -92,229-92.2k
EP Wealth Advisors, LLC Reduced -84,460-84.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.7m23.7k shares
CITADEL ADVISORS LLC Reduced $482.7k6.9k shares
Cutler Group LLC / CA Unchanged $0600 shares

Biggest puts

Cutler Group LLC / CA Added $2.0k14.2k 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 ENVESTNET ASSET MANAGEMENT INC 0.09% of their portfolio Berwyn, PA 2,857,6302.9m $199.9m $199.9m 0.09% Added +2.2m +2,179,502
2 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,694,4022.7m $188.5m $188.5m 0.02% Reduced -74.9k -74,894
3 ASSETMARK, INC 0.67% of their portfolio CONCORD, CA 2,436,1252.4m $170.4m $170.4m 0.67% Added +2.4m +2,434,152
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,072,2712.1m $145.0m $145.0m 0.01% Reduced -270.1k -270,070
5 Howard Capital Management, LLC 17.63% of their portfolio Alpharetta, GA 1,865,2751.9m $130.5m $130.5m 17.63% New
6 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 1,448,8421.4m $101.3m $101.3m 0.03% Added +108.5k +108,475
7 BESSEMER GROUP INC 0.19% of their portfolio WOODBRIDGE, NJ 1,290,7741.3m $90.3m $90.3m 0.19% Added +1.2m +1,246,448
8 New York Life Investment Management LLC 0.93% of their portfolio New York, NY 1,272,2521.3m $89.0m $89.0m 0.93% Added +393.0k +392,959
9 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,175,4651.2m $82.2m $82.2m 0.02% Added +19.3k +19,288
10 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 1,085,2631.1m $75.9m $75.9m 0.05% Added +81.6k +81,639
11 DELTA CAPITAL MANAGEMENT LLC 0.52% of their portfolio RED BANK, NJ 1,071,0001.1m $749.0k $749.0k 0.52% New
12 PNC Financial Services Group, Inc. 0.06% of their portfolio Pittsburgh, PA 1,041,9081.0m $72.9m $72.9m 0.06% Reduced -46.8k -46,756
13 OSAIC HOLDINGS, INC. 0.12% of their portfolio SCOTTSDALE, AZ 954,144954.1k $66.8m $66.8m 0.12% Added +532.2k +532,178
14 DEUTSCHE BANK AG\ 0.04% of their portfolio FRANKFURT AM MAIN, 2M 947,076947.1k $66.2m $66.2m 0.04% Reduced -708 -708
15 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 894,378894.4k $62.6m $62.6m 0.02% Reduced -154.3k -154,292
16 Cetera Investment Advisers 0.46% of their portfolio SCHAUMBURG, IL 780,692780.7k $54.6m $54.6m 0.46% Added +770.3k +770,286
17 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 722,732722.7k $50.7m $50.7m 0.02% Reduced -97.1k -97,136
18 UBS Group AG 0.02% of their portfolio ZURICH, V8 618,441618.4k $43.3m $43.3m 0.02% Reduced -12.6k -12,633
19 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 598,531598.5k $41.9m $41.9m 0.02% Unchanged
20 Orion Porfolio Solutions, LLC 0.38% of their portfolio OMAHA, NE 516,310516.3k $36.1m $36.1m 0.38% Added +507.6k +507,584
21 Orion Portfolio Solutions, LLC 0.38% of their portfolio Omaha, NE 516,310516.3k $36.1m $36.1m 0.38% Added +507.6k +507,584
22 Ocean Park Asset Management, LLC 1.17% of their portfolio SANTA MONICA, CA 491,108491.1k $34.4m $34.4m 1.17% New
23 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 458,861458.9k $32.1m $32.1m 0.02% Reduced -5.6k -5,600
24 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 399,215399.2k $27.9m $27.9m 0.01% Reduced -9.6k -9,581
25 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 399,019399.0k $27.9m $27.9m 0.04% Reduced -46.5k -46,546
26 Cetera Advisors LLC 0.42% of their portfolio DENVER, CO 378,861378.9k $26.5m $26.5m 0.42% Added +369.5k +369,460
27 Integrated Wealth Concepts LLC 0.43% of their portfolio WALTHAM, MA 356,323356.3k $24.9m $24.9m 0.43% Added +1.9k +1,873
28 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 341,750341.8k $23.9m $23.9m 0.03% Added +150.0k +150,024
29 FULTON BREAKEFIELD BROENNIMAN LLC 1.95% of their portfolio Bethesda, MD 336,718336.7k $23.6m $23.6m 1.95% Added +20.4k +20,364
30 Dakota Wealth Management 1.05% of their portfolio PALM BEACH GARDENS, FL 319,471319.5k $22.3m $22.3m 1.05% Added +309.3k +309,274
31 Cambridge Investment Research Advisors, Inc. 0.10% of their portfolio FAIRFIELD, IA 305,620305.6k $21.4m $21.4m 0.10% Reduced -11 -11
32 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 260,039260.0k $18.2m $18.2m 0.03% Reduced -11.2k -11,190
33 AE Wealth Management LLC 0.11% of their portfolio TOPEKA, KS 258,554258.6k $18.1m $18.1m 0.11% Added +126.8k +126,841
34 Cetera Advisor Networks LLC 0.13% of their portfolio EL SEGUNDO, CA 257,965258.0k $18.0m $18.0m 0.13% Added +150.5k +150,536
35 MML INVESTORS SERVICES, LLC 0.10% of their portfolio SPRINGFIELD, MA 256,683256.7k $18.0m $18.0m 0.10% Added +109.0k +109,035
36 GUGGENHEIM CAPITAL LLC 0.14% of their portfolio CHICAGO, IL 256,204256.2k $17.9m $17.9m 0.14% Reduced -35.4k -35,410
37 Hall Private Wealth Advisors 9.54% of their portfolio SAN DIEGO, CA 252,282252.3k $17.6m $17.6m 9.54% Added +6.7k +6,688
38 TOTAL INVESTMENT MANAGEMENT INC 2.28% of their portfolio SCOTTSDALE, AZ 250,769250.8k $17.5m $17.5m 2.28% New
39 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 238,615238.6k $16.7m $16.7m 0.02% New
40 NOMURA ASSET MANAGEMENT CO LTD 0.08% of their portfolio TOKYO, M0 236,157236.2k $16.5m $16.5m 0.08% Added +82.8k +82,750
41 Waldron Private Wealth LLC 0.79% of their portfolio BRIDGEVILLE, PA 226,971227.0k $15.9m $15.9m 0.79% Reduced -21.5k -21,535
42 ACT Advisors, LLC. 10.41% of their portfolio ASHEVILLE, NC 225,314225.3k $15.8m $15.8m 10.41% Reduced -4.7k -4,741
43 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 217,985218.0k $15.2m $15.2m 0.03% Added +10.4k +10,444
44 ST GERMAIN D J CO INC 0.80% of their portfolio SPRINGFIELD, MA 216,761216.8k $15.2m $15.2m 0.80% First filing
45 B. Riley Wealth Advisors, Inc. 0.34% of their portfolio MEMPHIS, TN 215,855215.9k $15.1m $15.1m 0.34% Added +67.8k +67,790
46 River Wealth Advisors LLC 2.41% of their portfolio CAMP HILL, PA 202,850202.8k $14.2m $14.2m 2.41% Added +1.0k +1,020
47 Syntegra Private Wealth Group, LLC 2.09% of their portfolio Chesterfield, MO 195,343195.3k $13.7m $13.7m 2.09% Added +23.6k +23,585
48 OPPENHEIMER ASSET MANAGEMENT INC. 0.18% of their portfolio NEW YORK, NY 178,853178.9k $12.5m $12.5m 0.18% Reduced -2.3k -2,287
49 XML Financial, LLC 1.45% of their portfolio BETHESDA, MD 178,743178.7k $12.5m $12.5m 1.45% Added +3.2k +3,169
50 Strategic Investment Advisors / MI 1.70% of their portfolio FARMINGTON HILLS, MI 175,610175.6k $12.3m $12.3m 1.70% New
51 TOWNSQUARE CAPITAL LLC 0.22% of their portfolio Lehi, UT 174,969175.0k $12.2m $12.2m 0.22% New
52 HUNTINGTON NATIONAL BANK 0.11% of their portfolio COLUMBUS, OH 174,386174.4k $12.2m $12.2m 0.11% Reduced -16.6k -16,558
53 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 170,510170.5k $11.9m $11.9m 0.02% Reduced -35.4k -35,379
54 One Wealth Map LLC 7.91% of their portfolio LAS VEGAS, NV 166,949166.9k $11.9m $11.9m 7.91% Reduced -17.7k -17,656
55 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 166,124166.1k $11.6m $11.6m 0.04% Reduced -473 -473
56 STEPHENS INC /AR/ 0.20% of their portfolio LITTLE ROCK, AR 161,810161.8k $11.3m $11.3m 0.20% Reduced -5.7k -5,663
57 Atria Wealth Solutions, Inc. 0.14% of their portfolio NEW YORK, NY 149,772149.8k $10.5m $10.5m 0.14% Added +96.1k +96,055
58 Bensler, LLC 1.98% of their portfolio Bellevue, WA 149,249149.2k $10.4m $10.4m 1.98% Added +8.4k +8,426
59 State of Tennessee, Department of Treasury 0.04% of their portfolio NASHVILLE, TN 148,500148.5k $10.4m $10.4m 0.04% Unchanged
60 Lifestyle Asset Management, Inc. 5.55% of their portfolio FRIENDSWOOD, TX 132,242132.2k $9.3m $9.3m 5.55% New
61 Advisors Preferred, LLC 2.29% of their portfolio ROCKVILLE, MD 131,966132.0k $9.3m $9.3m 2.29% Added +62.1k +62,096
62 Petix & Botte Co 2.83% of their portfolio LA MESA, CA 130,410130.4k $9.1m $9.1m 2.83% Added +66.0k +65,978
63 CONNING INC. 0.30% of their portfolio HARTFORD, CT 130,000130.0k $9.1m $9.1m 0.30% Added +90.0k +90,000
64 BTS Asset Management, Inc. 4.45% of their portfolio Lincoln, MA 125,948125.9k $8.8m $8.8m 4.45% Added +119.7k +119,719
65 Paulson Wealth Management Inc. 2.93% of their portfolio West Palm Beach, FL 122,725122.7k $8.6m $8.6m 2.93% Added +2.5k +2,469
66 NTV Asset Management LLC 1.49% of their portfolio Charleston, WV 122,543122.5k $8.6m $8.6m 1.49% Reduced -1.3k -1,277
67 OPPENHEIMER & CO INC 0.17% of their portfolio NEW YORK, NY 119,601119.6k $8.4m $8.4m 0.17% Added +4.2k +4,214
68 AMG National Trust Bank 0.28% of their portfolio GREENWOOD VILLAGE, CO 119,203119.2k $8.3m $8.3m 0.28% Reduced -25.5k -25,504
69 Beacon Harbor Wealth Advisors, Inc. 2.72% of their portfolio VIRGINIA BEACH, VA 118,983119.0k $8.3m $8.3m 2.72% New
70 Elequin Capital, LP 4.06% of their portfolio NEW YORK, NY 113,564113.6k $7.9m $7.9m 4.06% New
71 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 110,616110.6k $7.7m $7.7m 0.01% Reduced -74 -74
72 Harfst & Associates, Inc. 2.04% of their portfolio Sheridan, WY 109,737109.7k $7.7m $7.7m 2.04% Reduced -8.0k -7,973
73 Windsor Capital Management, LLC 2.41% of their portfolio Phoenix, AZ 104,184104.2k $7.3m $7.3m 2.41% Added +1.0k +1,035
74 McAdam, LLC 0.59% of their portfolio Philadelphia, PA 101,394101.4k $7.1m $7.1m 0.59% Added +11.1k +11,099
75 Modera Wealth Management, LLC 0.13% of their portfolio WESTWOOD, NJ 100,226100.2k $7.0m $7.0m 0.13% Reduced -384 -384
76 PFG Advisors 0.53% of their portfolio Phoenix, AZ 99,11399.1k $6.9m $6.9m 0.53% Added +13.0k +13,010
77 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 94,80094.8k $6.6m $6.6m 0.01% New
78 Steward Partners Investment Advisory, LLC 0.10% of their portfolio STAMFORD, CT 91,82391.8k $6.4m $6.4m 0.10% Reduced -655 -655
79 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 84,80084.8k $5.9m $5.9m 0.00% Reduced -3.0k -2,950
80 FSC Wealth Advisors, LLC 5.27% of their portfolio WAPPINGERS FALLS, NY 83,84383.8k $5.9m $5.9m 5.27% Added +83.5k +83,505
81 Baron Financial Group, LLC 3.52% of their portfolio Fair Lawn, NJ 81,55281.6k $5.7m $5.7m 3.52% Reduced -485 -485
82 Old North State Trust, LLC 4.17% of their portfolio GREENSBORO, NC 80,65280.7k $5.6m $5.6m 4.17% Added +314 +314
83 Arkos Global Advisors 1.08% of their portfolio HOUSTON, TX 80,23280.2k $5.6m $5.6m 1.08% Added +16.4k +16,423
84 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 74,63374.6k $5.2m $5.2m 0.05% Reduced -1.4k -1,430
85 SSI INVESTMENT MANAGEMENT LLC 0.37% of their portfolio Los Angeles, CA 74,62174.6k $5.2m $5.2m 0.37% Reduced -663 -663
86 IFP Advisors, Inc 0.09% of their portfolio TAMPA, FL 72,14472.1k $4.2m $4.2m 0.09% Added +37.1k +37,118
87 CW Advisors, LLC 0.12% of their portfolio BOSTON, MA 71,45171.5k $5.0m $5.0m 0.12% Unchanged
88 Yarbrough Capital, LLC 0.28% of their portfolio FRANKLIN, TN 71,35471.4k $5.0m $5.0m 0.28% Unchanged
89 OLIVER LAGORE VANVALIN INVESTMENT GROUP 1.85% of their portfolio FLINT, MI 70,29570.3k $4.9m $4.9m 1.85% Added +70.3k +70,288
90 Transamerica Financial Advisors, LLC 0.64% of their portfolio CEDAR RAPIDS, IA 70,26870.3k $4.9m $4.9m 0.64% Added +68.7k +68,735
91 Advisory Alpha, LLC 0.24% of their portfolio HOLLAND, MI 68,22668.2k $4.8m $4.8m 0.24% Added +45.9k +45,888
92 David J Yvars Group 3.72% of their portfolio UNIVERSITY PARK, FL 64,43964.4k $4.5m $4.5m 3.72% Reduced -873 -873
93 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 64,07764.1k $4.5m $4.5m 0.02% First filing
94 Chicago Partners Investment Group LLC 0.23% of their portfolio CHICAGO, IL 62,95663.0k $4.4m $4.4m 0.23% Reduced -372 -372
95 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 61,90061.9k $4.3m $4.3m 0.01% Added +26.1k +26,100
96 Alliance Wealth Advisors, LLC /UT 1.59% of their portfolio Centerville, UT 61,18561.2k $4.3m $4.3m 1.59% New
97 Sterling Investment Advisors, Ltd. 1.39% of their portfolio BERWYN, PA 59,83359.8k $4.2m $4.2m 1.39% Reduced -1.4k -1,443
98 GeoWealth Management, LLC 0.43% of their portfolio CHICAGO, IL 57,38257.4k $4.0m $4.0m 0.43% Reduced -3.4k -3,444
99 CAPSTONE INVESTMENT ADVISORS, LLC 0.11% of their portfolio NEW YORK, NY 52,80052.8k $3.7m $3.7m 0.11% New
100 EFG CAPITAL INTERNATIONAL CORP. 0.85% of their portfolio MIAMI, FL 52,68052.7k $3.7m $3.7m 0.85% First filing