Vault-13

SPDR SER TR CWB

BBG CONV SEC ETF · ETP · CUSIP 78464A359

466 institutional holders -12 vs Q2 2023
43,070,53243.1m shares reported held*
$2.9bnreported value*
35 new 138 added 194 reduced 51 sold out net sold ≈ $18.4m (-282.4k 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 ($20.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $67.83. Options: 3 managers hold calls ($1.7m notional), 2 hold puts ($1.8m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 458Q4 22: 474Q1 23: 442Q2 23: 478Q3 23: 466466Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022458
Q4 2022474
Q1 2023442
Q2 2023478
Q3 2023466

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 23Q3 23: 173 bought or addedQ3 23: 245 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022168232
Q1 2023165246
Q2 2023195217
Q3 2023173245

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ4 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 0.00Q3 23 calls: $1.7mQ3 23 puts: $1.8mQ3 23P/C 1.05
Numbers
QuarterCallsPutsP/C
Q4 2022$4.6m$2.2m0.49
Q1 2023$2.3m$11.7k0.01
Q2 2023$2.1m$2.0k0.00
Q3 2023$1.7m$1.8m1.05

Biggest buyers

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC New +299,473+299.5k
GOLDMAN SACHS GROUP INC Added +257,196+257.2k
OSAIC HOLDINGS, INC. Added +233,358+233.4k
Allianz Asset Management GmbH Added +222,555+222.6k
TORONTO DOMINION BANK New +180,000+180.0k
AMERIPRISE FINANCIAL INC Added +150,604+150.6k
Crew Capital Management, Ltd New +113,130+113.1k
NewSquare Capital LLC Added +111,714+111.7k
Hilltop Holdings Inc. Added +110,054+110.1k
NOMURA ASSET MANAGEMENT CO LTD Added +96,650+96.7k

Biggest sellers

Ocean Park Asset Management, LLC Sold out -491,108-491.1k
ALLIANCEBERNSTEIN L.P. Reduced -408,606-408.6k
TOTAL INVESTMENT MANAGEMENT INC Sold out -250,769-250.8k
ACT Advisors, LLC. Sold out -225,314-225.3k
Syntegra Private Wealth Group, LLC Reduced -171,457-171.5k
JANE STREET GROUP, LLC Reduced -146,085-146.1k
STIFEL FINANCIAL CORP Reduced -140,660-140.7k
ENVESTNET ASSET MANAGEMENT INC Reduced -134,336-134.3k
CONNING INC. Sold out -130,000-130.0k
BTS Asset Management, Inc. Reduced -119,821-119.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.6m24.1k shares
CITADEL ADVISORS LLC Reduced $101.7k1.5k shares
Cutler Group LLC / CA Added $01.7k shares

Biggest puts

CITADEL ADVISORS LLC New $1.8m26.9k shares
Cutler Group LLC / CA Reduced $3.0k13.8k 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,729,3432.7m $185.0m $185.0m 0.02% Added +34.9k +34,941
2 ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio Berwyn, PA 2,723,2942.7m $184.6m $184.6m 0.08% Reduced -134.3k -134,336
3 ASSETMARK, INC 0.64% of their portfolio CONCORD, CA 2,360,8252.4m $160.1m $160.1m 0.64% Reduced -75.3k -75,300
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,078,5062.1m $140.9m $140.9m 0.01% Added +6.2k +6,235
5 Howard Capital Management, LLC 17.48% of their portfolio Alpharetta, GA 1,910,8511.9m $129.6m $129.6m 17.48% Added +45.6k +45,576
6 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 1,706,0381.7m $115.7m $115.7m 0.03% Added +257.2k +257,196
7 BESSEMER GROUP INC 0.19% of their portfolio WOODBRIDGE, NJ 1,289,5191.3m $87.4m $87.4m 0.19% Reduced -1.3k -1,255
8 New York Life Investment Management LLC 0.89% of their portfolio New York, NY 1,212,6911.2m $82.2m $82.2m 0.89% Reduced -59.6k -59,561
9 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 1,188,0461.2m $80.5m $80.5m 0.03% Added +12.6k +12,581
10 OSAIC HOLDINGS, INC. 0.12% of their portfolio SCOTTSDALE, AZ 1,187,5021.2m $80.5m $80.5m 0.12% Added +233.4k +233,358
11 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 1,119,3911.1m $75.9m $75.9m 0.05% Added +34.1k +34,128
12 DELTA CAPITAL MANAGEMENT LLC 0.54% of their portfolio RED BANK, NJ 1,071,0001.1m $726.0k $726.0k 0.54% Unchanged
13 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,044,9821.0m $70.8m $70.8m 0.02% Added +150.6k +150,604
14 PNC Financial Services Group, Inc. 0.06% of their portfolio Pittsburgh, PA 1,010,0441.0m $68.5m $68.5m 0.06% Reduced -31.9k -31,864
15 DEUTSCHE BANK AG\ 0.04% of their portfolio FRANKFURT AM MAIN, 2M 947,076947.1k $64.2m $64.2m 0.04% Unchanged
16 Cetera Investment Advisers 0.47% of their portfolio SCHAUMBURG, IL 803,068803.1k $54.4m $54.4m 0.47% Added +22.4k +22,376
17 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 704,260704.3k $48.8m $48.8m 0.02% Reduced -18.5k -18,472
18 UBS Group AG 0.02% of their portfolio ZURICH, V8 590,688590.7k $40.0m $40.0m 0.02% Reduced -27.8k -27,753
19 Orion Porfolio Solutions, LLC 0.42% of their portfolio OMAHA, NE 517,988518.0k $35.1m $35.1m 0.42% Added +1.7k +1,678
20 Orion Portfolio Solutions, LLC 0.42% of their portfolio Omaha, NE 517,988518.0k $35.1m $35.1m 0.42% Added +1.7k +1,678
21 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 447,961448.0k $30.4m $30.4m 0.02% Reduced -10.9k -10,900
22 Cetera Advisors LLC 0.43% of their portfolio DENVER, CO 408,279408.3k $27.7m $27.7m 0.43% Added +29.4k +29,418
23 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 399,998400.0k $27.1m $27.1m 0.01% Added +783 +783
24 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 389,337389.3k $26.4m $26.4m 0.03% Reduced -9.7k -9,682
25 Lloyd Advisory Services, LLC. 6.65% of their portfolio SUWANEE, GA 388,191388.2k $20.2m $20.2m 6.65% First filing
26 NORDEN GROUP LLC 6.65% of their portfolio PROVO, UT 388,191388.2k $20.2m $20.2m 6.65% First filing
27 Integrated Wealth Concepts LLC 0.43% of their portfolio WALTHAM, MA 355,571355.6k $24.1m $24.1m 0.43% Reduced -752 -752
28 FULTON BREAKEFIELD BROENNIMAN LLC 1.98% of their portfolio Bethesda, MD 336,258336.3k $22.8m $22.8m 1.98% Reduced -460 -460
29 NOMURA ASSET MANAGEMENT CO LTD 0.11% of their portfolio TOKYO, M0 332,807332.8k $22.6m $22.6m 0.11% Added +96.7k +96,650
30 Dakota Wealth Management 0.95% of their portfolio PALM BEACH GARDENS, FL 316,109316.1k $21.4m $21.4m 0.95% Reduced -3.4k -3,362
31 Cambridge Investment Research Advisors, Inc. 0.10% of their portfolio FAIRFIELD, IA 314,624314.6k $21.3m $21.3m 0.10% Added +9.0k +9,004
32 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.07% of their portfolio PLYMOUTH, MN 299,473299.5k $20.3m $20.3m 0.07% New
33 GUGGENHEIM CAPITAL LLC 0.16% of their portfolio CHICAGO, IL 265,471265.5k $18.0m $18.0m 0.16% Added +9.3k +9,267
34 B. Riley Wealth Advisors, Inc. 0.49% of their portfolio MEMPHIS, TN 265,352265.4k $18.0m $18.0m 0.49% Added +49.5k +49,497
35 Hall Private Wealth Advisors 11.79% of their portfolio SAN DIEGO, CA 258,653258.7k $17.5m $17.5m 11.79% Added +6.4k +6,371
36 Cetera Advisor Networks LLC 0.11% of their portfolio EL SEGUNDO, CA 255,806255.8k $17.3m $17.3m 0.11% Reduced -2.2k -2,159
37 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 245,231245.2k $16.6m $16.6m 0.03% Added +74.7k +74,721
38 Waldron Private Wealth LLC 0.82% of their portfolio BRIDGEVILLE, PA 233,422233.4k $15.8m $15.8m 0.82% Added +6.5k +6,451
39 Allianz Asset Management GmbH 0.03% of their portfolio MUNICH, 2M 233,155233.2k $15.8m $15.8m 0.03% Added +222.6k +222,555
40 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 231,007231.0k $15.7m $15.7m 0.03% Reduced -29.0k -29,032
41 MML INVESTORS SERVICES, LLC 0.09% of their portfolio SPRINGFIELD, MA 228,106228.1k $15.5m $15.5m 0.09% Reduced -28.6k -28,577
42 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 210,612210.6k $14.3m $14.3m 0.03% Reduced -7.4k -7,373
43 River Wealth Advisors LLC 2.47% of their portfolio CAMP HILL, PA 203,951204.0k $13.8m $13.8m 2.47% Added +1.1k +1,101
44 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 201,090201.1k $13.6m $13.6m 0.02% Reduced -140.7k -140,660
45 ST GERMAIN D J CO INC 0.75% of their portfolio SPRINGFIELD, MA 197,663197.7k $13.4m $13.4m 0.75% Reduced -19.1k -19,098
46 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 189,925189.9k $12.9m $12.9m 0.01% Reduced -408.6k -408,606
47 Strategic Investment Advisors / MI 2.05% of their portfolio FARMINGTON HILLS, MI 183,708183.7k $12.5m $12.5m 2.05% Added +8.1k +8,098
48 Advisors Preferred, LLC 3.99% of their portfolio ROCKVILLE, MD 182,429182.4k $12.3m $12.3m 3.99% Added +50.5k +50,463
49 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 180,000180.0k $12.2m $12.2m 0.01% New
50 XML Financial, LLC 1.45% of their portfolio BETHESDA, MD 178,063178.1k $12.1m $12.1m 1.45% Reduced -680 -680
51 OPPENHEIMER ASSET MANAGEMENT INC. 0.18% of their portfolio NEW YORK, NY 175,387175.4k $11.9m $11.9m 0.18% Reduced -3.5k -3,466
52 AE Wealth Management LLC 0.07% of their portfolio TOPEKA, KS 170,016170.0k $11.5m $11.5m 0.07% Reduced -88.5k -88,538
53 HUNTINGTON NATIONAL BANK 0.11% of their portfolio COLUMBUS, OH 168,400168.4k $11.4m $11.4m 0.11% Reduced -6.0k -5,986
54 One Wealth Map LLC 7.77% of their portfolio LAS VEGAS, NV 168,047168.0k $11.2m $11.2m 7.77% Added +1.1k +1,098
55 Bensler, LLC 2.16% of their portfolio Bellevue, WA 165,580165.6k $11.2m $11.2m 2.16% Added +16.3k +16,331
56 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 160,158160.2k $10.9m $10.9m 0.04% Reduced -6.0k -5,966
57 TOWNSQUARE CAPITAL LLC 0.19% of their portfolio Lehi, UT 157,310157.3k $10.7m $10.7m 0.19% Reduced -17.7k -17,659
58 State of Tennessee, Department of Treasury 0.04% of their portfolio NASHVILLE, TN 149,700149.7k $10.1m $10.1m 0.04% Added +1.2k +1,200
59 STEPHENS INC /AR/ 0.19% of their portfolio LITTLE ROCK, AR 148,247148.2k $10.1m $10.1m 0.19% Reduced -13.6k -13,563
60 Atria Wealth Solutions, Inc. 0.13% of their portfolio NEW YORK, NY 141,069141.1k $9.6m $9.6m 0.13% Reduced -8.7k -8,703
61 Florin Court Capital LLP 19.97% of their portfolio London, X0 137,900137.9k $9.3m $9.3m 19.97% Added +89.0k +89,000
62 BARINGS LLC 0.32% of their portfolio CHARLOTTE, NC 136,798136.8k $9.3m $9.3m 0.32% Added +95.7k +95,686
63 Petix & Botte Co 2.91% of their portfolio LA MESA, CA 136,201136.2k $9.2m $9.2m 2.91% Added +5.8k +5,791
64 Lifestyle Asset Management, Inc. 5.29% of their portfolio FRIENDSWOOD, TX 128,627128.6k $8.7m $8.7m 5.29% Reduced -3.6k -3,615
65 Paulson Wealth Management Inc. 2.95% of their portfolio West Palm Beach, FL 124,428124.4k $8.4m $8.4m 2.95% Added +1.7k +1,703
66 NTV Asset Management LLC 1.47% of their portfolio Charleston, WV 120,084120.1k $8.1m $8.1m 1.47% Reduced -2.5k -2,459
67 FSC Wealth Advisors, LLC 8.37% of their portfolio WAPPINGERS FALLS, NY 119,146119.1k $8.1m $8.1m 8.37% Added +35.3k +35,303
68 GeoWealth Management, LLC 0.91% of their portfolio CHICAGO, IL 118,937118.9k $8.1m $8.1m 0.91% Added +61.6k +61,555
69 Atria Investments, Inc 0.14% of their portfolio Charlotte, NC 118,275118.3k $8.0m $8.0m 0.14% Added +74.9k +74,889
70 OPPENHEIMER & CO INC 0.16% of their portfolio NEW YORK, NY 116,568116.6k $7.9m $7.9m 0.16% Reduced -3.0k -3,033
71 AMG National Trust Bank 0.27% of their portfolio GREENWOOD VILLAGE, CO 113,572113.6k $7.7m $7.7m 0.27% Reduced -5.6k -5,631
72 Crew Capital Management, Ltd 8.26% of their portfolio CINCINNATI, OH 113,130113.1k $7.7m $7.7m 8.26% New
73 Hilltop Holdings Inc. 0.95% of their portfolio DALLAS, TX 112,940112.9k $7.7m $7.7m 0.95% Added +110.1k +110,054
74 NewSquare Capital LLC 0.80% of their portfolio NEWTOWN SQUARE, PA 111,746111.7k $7.6m $7.6m 0.80% Added +111.7k +111,714
75 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 110,711110.7k $7.5m $7.5m 0.01% Added +95 +95
76 Envestnet Portfolio Solutions, Inc. 0.03% of their portfolio BERWYN, PA 108,231108.2k $7.3m $7.3m 0.03% First filing
77 McAdam, LLC 0.57% of their portfolio Philadelphia, PA 103,450103.5k $7.0m $7.0m 0.57% Added +2.1k +2,056
78 Windsor Capital Management, LLC 2.39% of their portfolio Phoenix, AZ 101,936101.9k $6.9m $6.9m 2.39% Reduced -2.2k -2,248
79 Modera Wealth Management, LLC 0.13% of their portfolio WESTWOOD, NJ 98,69998.7k $6.7m $6.7m 0.13% Reduced -1.5k -1,527
80 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 92,53092.5k $6.3m $6.3m 0.01% Reduced -146.1k -146,085
81 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 92,21992.2k $6.3m $6.3m 0.01% Added +7.4k +7,419
82 Steward Partners Investment Advisory, LLC 0.09% of their portfolio STAMFORD, CT 90,93390.9k $6.2m $6.2m 0.09% Reduced -890 -890
83 Old North State Trust, LLC 4.58% of their portfolio GREENSBORO, NC 86,72386.7k $5.9m $5.9m 4.58% Added +6.1k +6,071
84 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 86,00086.0k $5.8m $5.8m 0.01% Added +50.0k +50,000
85 Prospera Financial Services Inc 0.22% of their portfolio Dallas, TX 82,90582.9k $5.6m $5.6m 0.22% Added +62.6k +62,624
86 BLUEFIN CAPITAL MANAGEMENT, LLC 0.49% of their portfolio NEW YORK, NY 82,81482.8k $5.6m $5.6m 0.49% New
87 WealthTrust Asset Management, LLC 5.21% of their portfolio Destin, FL 82,49082.5k $5.6m $5.6m 5.21% New
88 Baron Financial Group, LLC 3.59% of their portfolio Fair Lawn, NJ 81,58281.6k $5.5m $5.5m 3.59% Added +30 +30
89 Transamerica Financial Advisors, LLC 0.73% of their portfolio CEDAR RAPIDS, IA 79,34979.3k $5.4m $5.4m 0.73% Added +9.1k +9,081
90 OneAscent Financial Services LLC 1.39% of their portfolio BIRMINGHAM, AL 78,64278.6k $5.3m $5.3m 1.39% New
91 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 77,15477.2k $5.2m $5.2m 0.05% Added +2.5k +2,521
92 Riggs Asset Managment Co. Inc. 1.85% of their portfolio DALLAS, PA 76,52676.5k $5.2m $5.2m 1.85% Added +31.5k +31,502
93 SSI INVESTMENT MANAGEMENT LLC 0.41% of their portfolio Los Angeles, CA 74,29274.3k $5.0m $5.0m 0.41% Reduced -329 -329
94 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 71,76271.8k $4.9m $4.9m 0.01% Added +25.4k +25,395
95 CW Advisors, LLC 0.10% of their portfolio BOSTON, MA 71,45171.5k $4.8m $4.8m 0.10% Unchanged
96 Yarbrough Capital, LLC 0.28% of their portfolio FRANKLIN, TN 71,35471.4k $4.8m $4.8m 0.28% Unchanged
97 Arkos Global Advisors 0.97% of their portfolio HOUSTON, TX 70,18870.2k $4.8m $4.8m 0.97% Reduced -10.0k -10,044
98 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 67,31767.3k $4.6m $4.6m 0.00% Added +31.7k +31,668
99 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 66,68966.7k $4.5m $4.5m 0.02% Added +2.6k +2,612
100 David J Yvars Group 3.76% of their portfolio UNIVERSITY PARK, FL 66,53766.5k $4.5m $4.5m 3.76% Added +2.1k +2,098