Vault-13

SPDR SER TR CWB

BBG CONV SEC ETF · ETP · CUSIP 78464A359

468 institutional holders +6 vs Q4 2023
33,927,88533.9m shares reported held*
$2.5bnreported value*
47 new 136 added 172 reduced 39 sold out net bought ≈ $45.5m (+685.8k 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 ($1.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $73.30. Options: 2 managers hold calls ($1.2m notional), 2 hold puts ($715.8k).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 458Q4 22: 474Q1 23: 442Q2 23: 478Q3 23: 466Q4 23: 462Q1 24: 468468Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022458
Q4 2022474
Q1 2023442
Q2 2023478
Q3 2023466
Q4 2023462
Q1 2024468

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 23Q4 23: 148 bought or addedQ4 23: 259 cut or sold outQ4 23Q1 24: 183 bought or addedQ1 24: 211 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022168232
Q1 2023165246
Q2 2023195217
Q3 2023173245
Q4 2023148259
Q1 2024183211

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ2 23 calls: $2.1mQ2 23 puts: $2.0kQ2 23P/C 0.00Q3 23 calls: $1.7mQ3 23 puts: $1.8mQ3 23P/C 1.05Q4 23 calls: $3.2mQ4 23 puts: $1.3mQ4 23P/C 0.42Q1 24 calls: $1.2mQ1 24 puts: $715.8kQ1 24P/C 0.60
Numbers
QuarterCallsPutsP/C
Q2 2023$2.1m$2.0k0.00
Q3 2023$1.7m$1.8m1.05
Q4 2023$3.2m$1.3m0.42
Q1 2024$1.2m$715.8k0.60

Biggest buyers

MORGAN STANLEY Added +1,433,157+1.4m
JANE STREET GROUP, LLC Added +321,305+321.3k
ACT Advisors, LLC. New +221,651+221.7k
Lloyd Advisory Services, LLC. New +211,450+211.4k
BNP PARIBAS FINANCIAL MARKETS Added +196,131+196.1k
Ocean Park Asset Management, LLC Added +164,200+164.2k
Advisors Preferred, LLC Added +145,433+145.4k
Crew Capital Management, Ltd New +106,765+106.8k
FIL Ltd New +92,126+92.1k
AMERIPRISE FINANCIAL INC Added +90,595+90.6k

Biggest sellers

RIA Advisory Group LLC Sold out -811,304-811.3k
BANK OF MONTREAL /CAN/ Reduced -311,427-311.4k
DEUTSCHE BANK AG\ Reduced -302,920-302.9k
New York Life Investment Management LLC Reduced -294,751-294.8k
Goodman Advisory Group, LLC Reduced -149,677-149.7k
State of Tennessee, Department of Treasury Reduced -117,050-117.0k
OPPENHEIMER ASSET MANAGEMENT INC. Reduced -104,199-104.2k
AE Wealth Management LLC Reduced -103,240-103.2k
Florin Court Capital LLP Reduced -73,100-73.1k
One Wealth Map LLC Reduced -70,170-70.2k

Biggest calls

CITADEL ADVISORS LLC Added $1.2m16.3k shares
Cutler Group LLC / CA Reduced $0100 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $657.4k9.0k shares
CITADEL ADVISORS LLC Reduced $58.4k800 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 5,338,4555.3m $389.9m $389.9m 0.01% Added +1.4m +1,433,157
2 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,716,0112.7m $198.4m $198.4m 0.02% Reduced -52.9k -52,889
3 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 1,784,4141.8m $130.3m $130.3m 0.03% Added +16.7k +16,659
4 BESSEMER GROUP INC 0.17% of their portfolio WOODBRIDGE, NJ 1,272,2921.3m $92.9m $92.9m 0.17% Reduced -17.2k -17,227
5 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 1,115,8241.1m $81.5m $81.5m 0.04% Added +16.9k +16,885
6 DELTA CAPITAL MANAGEMENT LLC 0.52% of their portfolio RED BANK, NJ 1,071,0001.1m $782.0k $782.0k 0.52% Unchanged
7 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 998,383998.4k $72.9m $72.9m 0.02% Reduced -24.7k -24,658
8 New York Life Investment Management LLC 0.67% of their portfolio New York, NY 921,532921.5k $67.3m $67.3m 0.67% Reduced -294.8k -294,751
9 PNC Financial Services Group, Inc. 0.05% of their portfolio Pittsburgh, PA 920,516920.5k $67.2m $67.2m 0.05% Reduced -34.2k -34,191
10 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 895,399895.4k $65.4m $65.4m 0.02% Added +90.6k +90,595
11 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 643,434643.4k $47.0m $47.0m 0.02% Reduced -302.9k -302,920
12 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 601,896601.9k $44.0m $44.0m 0.02% Added +11.9k +11,903
13 Ocean Park Asset Management, LLC 1.97% of their portfolio SANTA MONICA, CA 571,678571.7k $41.8m $41.8m 1.97% Added +164.2k +164,200
14 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 499,726499.7k $36.5m $36.5m 0.01% Reduced -311.4k -311,427
15 UBS Group AG 0.01% of their portfolio ZURICH, V8 497,843497.8k $36.4m $36.4m 0.01% Reduced -39.7k -39,722
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 421,908421.9k $30.8m $30.8m 0.03% Added +11.5k +11,530
17 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 400,117400.1k $29.2m $29.2m 0.01% Added +3.9k +3,898
18 One Wealth Map LLC 17.07% of their portfolio LAS VEGAS, NV 369,242369.2k $25.9m $25.9m 17.07% Reduced -70.2k -70,170
19 FULTON BREAKEFIELD BROENNIMAN LLC 1.88% of their portfolio Bethesda, MD 333,934333.9k $24.4m $24.4m 1.88% Reduced -1.4k -1,447
20 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 331,658331.7k $24.2m $24.2m 0.03% Added +321.3k +321,305
21 Dakota Wealth Management 0.53% of their portfolio PALM BEACH GARDENS, FL 289,003289.0k $21.1m $21.1m 0.53% Reduced -18.2k -18,183
22 Cambridge Investment Research Advisors, Inc. 0.08% of their portfolio FAIRFIELD, IA 279,912279.9k $20.4m $20.4m 0.08% Reduced -6.3k -6,337
23 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 279,750279.8k $20.4m $20.4m 0.03% Added +196.1k +196,131
24 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 270,995271.0k $19.8m $19.8m 0.04% Added +37.2k +37,163
25 B. Riley Wealth Advisors, Inc. 0.49% of their portfolio MEMPHIS, TN 265,352265.4k $18.0m $18.0m 0.49% Added +84.9k +84,947
26 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 257,186257.2k $18.8m $18.8m 0.01% Reduced -11.1k -11,100
27 NOMURA ASSET MANAGEMENT CO LTD 0.07% of their portfolio TOKYO, M0 256,457256.5k $18.7m $18.7m 0.07% Reduced -12.4k -12,450
28 GeoWealth Management, LLC 0.66% of their portfolio CHICAGO, IL 233,900233.9k $17.1m $17.1m 0.66% Added +71.9k +71,933
29 GUGGENHEIM CAPITAL LLC 0.12% of their portfolio CHICAGO, IL 232,111232.1k $17.0m $17.0m 0.12% Reduced -6.9k -6,922
30 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 229,667229.7k $16.8m $16.8m 0.03% Added +15.2k +15,182
31 ACT Advisors, LLC. 8.87% of their portfolio ASHEVILLE, NC 221,651221.7k $16.2m $16.2m 8.87% New
32 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 219,386219.4k $16.0m $16.0m 0.03% Reduced -2.5k -2,506
33 River Wealth Advisors LLC 2.26% of their portfolio CAMP HILL, PA 212,630212.6k $15.5m $15.5m 2.26% Added +5.0k +5,002
34 Lloyd Advisory Services, LLC. 2.75% of their portfolio SUWANEE, GA 211,450211.4k $12.9m $12.9m 2.75% New
35 Waldron Private Wealth LLC 0.69% of their portfolio BRIDGEVILLE, PA 208,894208.9k $15.3m $15.3m 0.69% Reduced -11.8k -11,818
36 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 203,165203.2k $14.8m $14.8m 0.01% Reduced -300 -300
37 Advisors Preferred, LLC 2.46% of their portfolio ROCKVILLE, MD 200,560200.6k $14.6m $14.6m 2.46% Added +145.4k +145,433
38 XML Financial, LLC 1.45% of their portfolio BETHESDA, MD 194,129194.1k $14.2m $14.2m 1.45% Added +7.6k +7,569
39 ST GERMAIN D J CO INC 0.67% of their portfolio SPRINGFIELD, MA 188,297188.3k $13.8m $13.8m 0.67% Reduced -2.4k -2,420
40 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 170,317170.3k $12.4m $12.4m 0.02% Added +2.9k +2,881
41 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 166,916166.9k $12.2m $12.2m 0.01% Added +11.6k +11,600
42 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 166,730166.7k $12.2m $12.2m 0.00% Added +12.4k +12,396
43 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 160,431160.4k $11.7m $11.7m 0.03% Reduced -6.3k -6,325
44 HUNTINGTON NATIONAL BANK 0.09% of their portfolio COLUMBUS, OH 159,316159.3k $11.6m $11.6m 0.09% Reduced -7.3k -7,264
45 Allianz Asset Management GmbH 0.02% of their portfolio MUNICH, 2M 155,700155.7k $11.4m $11.4m 0.02% Reduced -44.9k -44,900
46 Hilltop Holdings Inc. 1.13% of their portfolio DALLAS, TX 139,225139.2k $10.2m $10.2m 1.13% Added +1.2k +1,200
47 BARINGS LLC 0.25% of their portfolio CHARLOTTE, NC 136,798136.8k $10.0m $10.0m 0.25% Unchanged
48 Paulson Wealth Management Inc. 2.83% of their portfolio West Palm Beach, FL 131,666131.7k $9.6m $9.6m 2.83% Added +6.4k +6,394
49 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 131,491131.5k $9.6m $9.6m 0.04% Reduced -11.6k -11,607
50 CWM, LLC 0.05% of their portfolio OMAHA, NE 131,423131.4k $9.6m $9.6m 0.05% Added +8.0k +7,960
51 CAPSTONE INVESTMENT ADVISORS, LLC 0.18% of their portfolio NEW YORK, NY 130,101130.1k $9.5m $9.5m 0.18% Added +23.0k +23,000
52 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 124,357124.4k $9.1m $9.1m 0.02% Reduced -31.1k -31,052
53 Modera Wealth Management, LLC 0.14% of their portfolio WESTWOOD, NJ 124,356124.4k $9.1m $9.1m 0.14% Added +3.2k +3,154
54 McAdam, LLC 0.57% of their portfolio Philadelphia, PA 121,951122.0k $8.9m $8.9m 0.57% Added +11.2k +11,161
55 AMG National Trust Bank 0.26% of their portfolio GREENWOOD VILLAGE, CO 120,414120.4k $8.8m $8.8m 0.26% Added +11.4k +11,393
56 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 119,900119.9k $8.8m $8.8m 0.01% Reduced -67.2k -67,200
57 NTV Asset Management LLC 1.29% of their portfolio Charleston, WV 115,586115.6k $8.4m $8.4m 1.29% Reduced -3.1k -3,066
58 OPPENHEIMER & CO INC 0.14% of their portfolio NEW YORK, NY 115,207115.2k $8.4m $8.4m 0.14% Added +447 +447
59 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 113,704113.7k $8.3m $8.3m 0.01% Added +575 +575
60 FSC Wealth Advisors, LLC 5.80% of their portfolio WAPPINGERS FALLS, NY 112,814112.8k $8.2m $8.2m 5.80% Reduced -3.2k -3,160
61 Crew Capital Management, Ltd 6.32% of their portfolio CINCINNATI, OH 106,765106.8k $7.8m $7.8m 6.32% New
62 Windsor Capital Management, LLC 2.26% of their portfolio Phoenix, AZ 99,84899.8k $7.3m $7.3m 2.26% Reduced -971 -971
63 STEPHENS INC /AR/ 0.11% of their portfolio LITTLE ROCK, AR 98,93698.9k $7.2m $7.2m 0.11% Added +7.9k +7,865
64 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 98,40098.4k $7.2m $7.2m 0.02% Added +81.3k +81,326
65 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 95,94395.9k $7.0m $7.0m 0.00% Added +7.5k +7,505
66 FIL Ltd 0.01% of their portfolio HAMILTON, D0 92,12692.1k $6.7m $6.7m 0.01% New
67 Atria Investments, Inc 0.09% of their portfolio Charlotte, NC 91,09791.1k $6.7m $6.7m 0.09% Reduced -33.2k -33,248
68 State of Tennessee, Department of Treasury 0.02% of their portfolio NASHVILLE, TN 90,15090.2k $6.6m $6.6m 0.02% Reduced -117.0k -117,050
69 Allworth Financial LP 0.05% of their portfolio FOLSOM, CA 88,29588.3k $6.4m $6.4m 0.05% Reduced -12.4k -12,442
70 Steward Partners Investment Advisory, LLC 0.07% of their portfolio STAMFORD, CT 87,68787.7k $6.4m $6.4m 0.07% Reduced -2.7k -2,692
71 Elequin Capital, LP 1.20% of their portfolio NEW YORK, NY 85,77285.8k $6.3m $6.3m 1.20% Added +11.8k +11,813
72 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 85,44585.4k $6.2m $6.2m 0.01% Added +77.7k +77,676
73 Baron Financial Group, LLC 3.66% of their portfolio Fair Lawn, NJ 81,26781.3k $5.9m $5.9m 3.66% Added +160 +160
74 BTS Asset Management, Inc. 4.70% of their portfolio Lincoln, MA 77,81377.8k $5.7m $5.7m 4.70% Reduced -8.4k -8,406
75 SSI INVESTMENT MANAGEMENT LLC 0.41% of their portfolio Los Angeles, CA 73,86673.9k $5.4m $5.4m 0.41% Reduced -121 -121
76 Kingsview Wealth Management, LLC 0.14% of their portfolio GRANTS PASS, OR 73,85673.9k $5.4m $5.4m 0.14% Added +2.5k +2,516
77 Eagle Strategies LLC 1.15% of their portfolio NEW YORK, NY 70,69670.7k $5.2m $5.2m 1.15% New
78 OPPENHEIMER ASSET MANAGEMENT INC. 0.07% of their portfolio NEW YORK, NY 69,57869.6k $5.1m $5.1m 0.07% Reduced -104.2k -104,199
79 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 68,69868.7k $5.0m $5.0m 0.04% Reduced -4.1k -4,101
80 Arkos Global Advisors 0.84% of their portfolio HOUSTON, TX 68,68868.7k $5.0m $5.0m 0.84% Reduced -1.4k -1,395
81 Petix & Botte Co 1.22% of their portfolio LA MESA, CA 67,04467.0k $4.9m $4.9m 1.22% Reduced -67.8k -67,759
82 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 66,99467.0k $4.9m $4.9m 0.01% Reduced -6.9k -6,864
83 Advisory Alpha, LLC 0.20% of their portfolio HOLLAND, MI 65,95466.0k $4.8m $4.8m 0.20% Reduced -1.1k -1,060
84 Riggs Asset Managment Co. Inc. 1.39% of their portfolio DALLAS, PA 65,17465.2k $4.8m $4.8m 1.39% Reduced -2.3k -2,300
85 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 65,16365.2k $4.8m $4.8m 0.01% Reduced -3.8k -3,808
86 David J Yvars Group 3.09% of their portfolio UNIVERSITY PARK, FL 62,78862.8k $4.6m $4.6m 3.09% Reduced -917 -917
87 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 61,15461.2k $4.5m $4.5m 0.04% Added +50.7k +50,685
88 WealthTrust Asset Management, LLC 3.33% of their portfolio Destin, FL 59,95460.0k $4.4m $4.4m 3.33% Added +2.8k +2,843
89 BlueCrest Capital Management Ltd 1.02% of their portfolio ST HELIER, Y9 59,19059.2k $4.3m $4.3m 1.02% New
90 Mariner, LLC 0.01% of their portfolio Overland Park, KS 58,99159.0k $4.3m $4.3m 0.01% Reduced -48.6k -48,579
91 Sterling Investment Advisors, Ltd. 1.18% of their portfolio BERWYN, PA 57,63457.6k $4.2m $4.2m 1.18% Reduced -195 -195
92 Sage Capital Management, LLC 2.13% of their portfolio Stockton, NJ 53,65753.7k $3.9m $3.9m 2.13% Added +118 +118
93 Florin Court Capital LLP 3.29% of their portfolio London, X0 52,30052.3k $3.8m $3.8m 3.29% Reduced -73.1k -73,100
94 Chicago Partners Investment Group LLC 0.16% of their portfolio CHICAGO, IL 52,15352.2k $3.7m $3.7m 0.16% Reduced -5.4k -5,365
95 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 51,33551.3k $3.7m $3.7m 0.00% Added +34.8k +34,831
96 TFG Advisers LLC 1.33% of their portfolio Auburn Hills, MI 46,70346.7k $3.4m $3.4m 1.33% Reduced -1.4k -1,370
97 Geneos Wealth Management Inc. 0.15% of their portfolio ENGLEWOOD, CO 44,93944.9k $3.3m $3.3m 0.15% Reduced -2.6k -2,640
98 SYKON CAPITAL LLC 1.12% of their portfolio HARRISON, NY 42,56942.6k $3.1m $3.1m 1.12% Reduced -8.5k -8,496
99 Jefferies Financial Group Inc. 0.06% of their portfolio NEW YORK, NY 42,24342.2k $3.1m $3.1m 0.06% Added +22.2k +22,250
100 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 42,06242.1k $3.1m $3.1m 0.00% Added +1.2k +1,170