Vault-13

SPDR SER TR CWB

BBG CONV SEC ETF · ETP · CUSIP 78464A359

443 institutional holders -25 vs Q1 2024
27,895,37227.9m shares reported held*
$2.0bnreported value*
27 new 114 added 189 reduced 47 sold out net sold ≈ $428.8m (-6.0m 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 ≈ $72.56. Options: 1 managers hold calls ($345.9k notional), 2 hold puts ($792.7k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 458Q4 22: 474Q1 23: 442Q2 23: 478Q3 23: 466Q4 23: 462Q1 24: 468Q2 24: 443443Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022458
Q4 2022474
Q1 2023442
Q2 2023478
Q3 2023466
Q4 2023462
Q1 2024468
Q2 2024443

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 outQ2 23: 195 bought or addedQ2 23: 217 cut or sold outQ2 23Q3 23: 173 bought or addedQ3 23: 245 cut or sold outQ4 23: 148 bought or addedQ4 23: 259 cut or sold outQ4 23Q1 24: 183 bought or addedQ1 24: 211 cut or sold outQ2 24: 141 bought or addedQ2 24: 236 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022168232
Q1 2023165246
Q2 2023195217
Q3 2023173245
Q4 2023148259
Q1 2024183211
Q2 2024141236

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ3 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 0.60Q2 24 calls: $345.9kQ2 24 puts: $792.7kQ2 24P/C 2.29
Numbers
QuarterCallsPutsP/C
Q3 2023$1.7m$1.8m1.05
Q4 2023$3.2m$1.3m0.42
Q1 2024$1.2m$715.8k0.60
Q2 2024$345.9k$792.7k2.29

Biggest buyers

Redwood Investment Management, LLC New +257,186+257.2k
Elequin Capital, LP Added +190,006+190.0k
Goodman Advisory Group, LLC Added +153,196+153.2k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +93,832+93.8k
Estate Counselors, LLC Added +70,375+70.4k
Petix & Botte Co Added +66,710+66.7k
PRUDENTIAL FINANCIAL INC Added +62,750+62.8k
BLUEFIN CAPITAL MANAGEMENT, LLC New +62,260+62.3k
Logan Stone Capital, LLC Added +58,716+58.7k
AMERIPRISE FINANCIAL INC Added +48,293+48.3k

Biggest sellers

MORGAN STANLEY Reduced -3,597,064-3.6m
BNP PARIBAS FINANCIAL MARKETS Reduced -228,248-228.2k
ACT Advisors, LLC. Sold out -221,651-221.7k
JANE STREET GROUP, LLC Reduced -221,590-221.6k
Lloyd Advisory Services, LLC. Sold out -211,450-211.4k
GeoWealth Management, LLC Reduced -207,634-207.6k
Advisors Preferred, LLC Sold out -200,560-200.6k
New York Life Investment Management LLC Reduced -169,274-169.3k
BARINGS LLC Sold out -136,798-136.8k
BANK OF AMERICA CORP /DE/ Reduced -132,576-132.6k

Biggest calls

CITADEL ADVISORS LLC Reduced $345.9k4.8k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $771.0k10.7k shares
CITADEL ADVISORS LLC Reduced $21.6k300 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,583,4352.6m $186.2m $186.2m 0.02% Reduced -132.6k -132,576
2 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,770,6881.8m $127.6m $127.6m 0.02% Reduced -13.7k -13,726
3 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,741,3911.7m $125.5m $125.5m 0.01% Reduced -3.6m -3,597,064
4 BESSEMER GROUP INC 0.16% of their portfolio WOODBRIDGE, NJ 1,272,2921.3m $91.7m $91.7m 0.16% Unchanged
5 DELTA CAPITAL MANAGEMENT LLC 0.47% of their portfolio RED BANK, NJ 1,071,0001.1m $772.0k $772.0k 0.47% Unchanged
6 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 1,063,6321.1m $76.6m $76.6m 0.04% Reduced -52.2k -52,192
7 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 943,692943.7k $68.0m $68.0m 0.02% Added +48.3k +48,293
8 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 940,956941.0k $67.8m $67.8m 0.02% Reduced -57.4k -57,427
9 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 884,234884.2k $63.7m $63.7m 0.04% Reduced -36.3k -36,282
10 New York Life Investment Management LLC 0.55% of their portfolio New York, NY 752,258752.3k $54.2m $54.2m 0.55% Reduced -169.3k -169,274
11 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 637,409637.4k $45.9m $45.9m 0.02% Reduced -6.0k -6,025
12 Ocean Park Asset Management, LLC 1.96% of their portfolio SANTA MONICA, CA 573,836573.8k $41.4m $41.4m 1.96% Added +2.2k +2,158
13 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 502,974503.0k $36.2m $36.2m 0.01% Reduced -98.9k -98,922
14 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 492,521492.5k $35.6m $35.6m 0.01% Reduced -7.2k -7,205
15 UBS Group AG 0.01% of their portfolio ZURICH, V8 474,601474.6k $34.2m $34.2m 0.01% Reduced -23.2k -23,242
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 459,229459.2k $33.1m $33.1m 0.03% Added +37.3k +37,321
17 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 400,350400.4k $28.8m $28.8m 0.01% Added +233 +233
18 One Wealth Map LLC 16.95% of their portfolio LAS VEGAS, NV 372,953373.0k $27.5m $27.5m 16.95% Added +3.7k +3,711
19 FULTON BREAKEFIELD BROENNIMAN LLC 1.77% of their portfolio Bethesda, MD 332,843332.8k $24.0m $24.0m 1.77% Reduced -1.1k -1,091
20 Elequin Capital, LP 5.26% of their portfolio NEW YORK, NY 275,778275.8k $19.9m $19.9m 5.26% Added +190.0k +190,006
21 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 272,225272.2k $19.6m $19.6m 0.07% Reduced -7.7k -7,687
22 Dakota Wealth Management 0.46% of their portfolio PALM BEACH GARDENS, FL 267,768267.8k $19.3m $19.3m 0.46% Reduced -21.2k -21,235
23 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 257,186257.2k $18.5m $18.5m 0.01% Unchanged
24 Redwood Investment Management, LLC 1.60% of their portfolio SCOTTSDALE, AZ 257,186257.2k $18.5m $18.5m 1.60% New
25 GUGGENHEIM CAPITAL LLC 0.12% of their portfolio CHICAGO, IL 237,124237.1k $17.1m $17.1m 0.12% Added +5.0k +5,013
26 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 228,430228.4k $16.5m $16.5m 0.01% Added +25.3k +25,265
27 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 225,266225.3k $16.2m $16.2m 0.04% Reduced -45.7k -45,729
28 NOMURA ASSET MANAGEMENT CO LTD 0.06% of their portfolio TOKYO, M0 224,987225.0k $16.2m $16.2m 0.06% Reduced -31.5k -31,470
29 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 218,189218.2k $15.7m $15.7m 0.04% Added +93.8k +93,832
30 River Wealth Advisors LLC 2.21% of their portfolio CAMP HILL, PA 213,518213.5k $15.4m $15.4m 2.21% Added +888 +888
31 Waldron Private Wealth LLC 0.67% of their portfolio BRIDGEVILLE, PA 207,083207.1k $14.9m $14.9m 0.67% Reduced -1.8k -1,811
32 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 206,661206.7k $14.9m $14.9m 0.02% Reduced -12.7k -12,725
33 XML Financial, LLC 1.46% of their portfolio BETHESDA, MD 201,091201.1k $14.5m $14.5m 1.46% Added +7.0k +6,962
34 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 200,030200.0k $14.4m $14.4m 0.00% Added +33.3k +33,300
35 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 192,408192.4k $13.9m $13.9m 0.02% Reduced -37.3k -37,259
36 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 189,844189.8k $13.7m $13.7m 0.02% Added +19.5k +19,527
37 B. Riley Wealth Advisors, Inc. 0.34% of their portfolio MEMPHIS, TN 186,394186.4k $13.4m $13.4m 0.34% Reduced -79.0k -78,958
38 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 163,524163.5k $11.8m $11.8m 0.01% Reduced -3.4k -3,392
39 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 159,322159.3k $11.5m $11.5m 0.04% Reduced -1.1k -1,109
40 HUNTINGTON NATIONAL BANK 0.09% of their portfolio COLUMBUS, OH 157,055157.1k $11.3m $11.3m 0.09% Reduced -2.3k -2,261
41 Goodman Advisory Group, LLC 3.32% of their portfolio NEEDHAM, MA 154,153154.2k $11.1m $11.1m 3.32% Added +153.2k +153,196
42 ST GERMAIN D J CO INC 0.53% of their portfolio SPRINGFIELD, MA 152,289152.3k $11.0m $11.0m 0.53% Reduced -36.0k -36,008
43 Paulson Wealth Management Inc. 2.81% of their portfolio West Palm Beach, FL 133,827133.8k $9.6m $9.6m 2.81% Added +2.2k +2,161
44 Petix & Botte Co 2.73% of their portfolio LA MESA, CA 133,754133.8k $9.6m $9.6m 2.73% Added +66.7k +66,710
45 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 130,000130.0k $9.4m $9.4m 0.02% Added +10.1k +10,100
46 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 127,273127.3k $9.2m $9.2m 0.04% Reduced -4.2k -4,218
47 McAdam, LLC 0.55% of their portfolio Philadelphia, PA 126,502126.5k $9.1m $9.1m 0.55% Added +4.6k +4,551
48 AMG National Trust Bank 0.25% of their portfolio GREENWOOD VILLAGE, CO 126,271126.3k $9.1m $9.1m 0.25% Added +5.9k +5,857
49 Modera Wealth Management, LLC 0.13% of their portfolio WESTWOOD, NJ 121,980122.0k $8.8m $8.8m 0.13% Reduced -2.4k -2,376
50 OPPENHEIMER & CO INC 0.14% of their portfolio NEW YORK, NY 120,967121.0k $8.7m $8.7m 0.14% Added +5.8k +5,760
51 NTV Asset Management LLC 1.19% of their portfolio Charleston, WV 115,483115.5k $8.3m $8.3m 1.19% Reduced -103 -103
52 Hilltop Holdings Inc. 0.97% of their portfolio DALLAS, TX 115,410115.4k $8.3m $8.3m 0.97% Reduced -23.8k -23,815
53 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 111,631111.6k $8.0m $8.0m 0.01% Reduced -2.1k -2,073
54 FSC Wealth Advisors, LLC 5.91% of their portfolio WAPPINGERS FALLS, NY 111,158111.2k $8.0m $8.0m 5.91% Reduced -1.7k -1,656
55 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 110,068110.1k $7.9m $7.9m 0.01% Reduced -221.6k -221,590
56 Estate Counselors, LLC 0.87% of their portfolio Thiensville, WI 109,895109.9k $7.9m $7.9m 0.87% Added +70.4k +70,375
57 STEPHENS INC /AR/ 0.11% of their portfolio LITTLE ROCK, AR 102,588102.6k $7.4m $7.4m 0.11% Added +3.7k +3,652
58 Windsor Capital Management, LLC 2.25% of their portfolio Phoenix, AZ 101,026101.0k $7.3m $7.3m 2.25% Added +1.2k +1,178
59 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 97,25097.2k $7.0m $7.0m 0.01% Added +62.8k +62,750
60 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 93,83193.8k $6.8m $6.8m 0.00% Reduced -2.1k -2,112
61 Steward Partners Investment Advisory, LLC 0.07% of their portfolio STAMFORD, CT 86,37486.4k $6.2m $6.2m 0.07% Reduced -1.3k -1,313
62 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 81,13081.1k $5.8m $5.8m 0.01% Reduced -17.3k -17,270
63 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 81,07581.1k $5.8m $5.8m 0.01% Reduced -4.4k -4,370
64 Baron Financial Group, LLC 3.62% of their portfolio Fair Lawn, NJ 78,90778.9k $5.7m $5.7m 3.62% Reduced -2.4k -2,360
65 Kingsview Wealth Management, LLC 0.13% of their portfolio GRANTS PASS, OR 76,95877.0k $5.5m $5.5m 0.13% Added +3.1k +3,102
66 Allworth Financial LP 0.04% of their portfolio FOLSOM, CA 76,86276.9k $5.6m $5.6m 0.04% Reduced -11.4k -11,433
67 OPPENHEIMER ASSET MANAGEMENT INC. 0.07% of their portfolio NEW YORK, NY 75,66475.7k $5.5m $5.5m 0.07% Added +6.1k +6,086
68 Logan Stone Capital, LLC 1.40% of their portfolio CHICAGO, IL 75,28475.3k $5.4m $5.4m 1.40% Added +58.7k +58,716
69 BTS Asset Management, Inc. 4.89% of their portfolio Lincoln, MA 72,79172.8k $5.2m $5.2m 4.89% Reduced -5.0k -5,022
70 WealthTrust Asset Management, LLC 3.80% of their portfolio Destin, FL 72,29772.3k $5.2m $5.2m 3.80% Added +12.3k +12,343
71 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 71,40071.4k $5.1m $5.1m 0.01% Reduced -84.3k -84,300
72 Arkos Global Advisors 0.82% of their portfolio HOUSTON, TX 70,13070.1k $5.1m $5.1m 0.82% Added +1.4k +1,442
73 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 65,60465.6k $4.7m $4.7m 0.03% Reduced -3.1k -3,094
74 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 65,02165.0k $4.7m $4.7m 0.01% Reduced -2.0k -1,973
75 BLUEFIN CAPITAL MANAGEMENT, LLC 1.21% of their portfolio NEW YORK, NY 62,26062.3k $4.5m $4.5m 1.21% New
76 David J Yvars Group 2.80% of their portfolio UNIVERSITY PARK, FL 61,99962.0k $4.5m $4.5m 2.80% Reduced -789 -789
77 FIL Ltd 0.00% of their portfolio HAMILTON, D0 60,39160.4k $4.4m $4.4m 0.00% Reduced -31.7k -31,735
78 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 59,65459.7k $4.3m $4.3m 0.03% Reduced -1.5k -1,500
79 Riggs Asset Managment Co. Inc. 1.26% of their portfolio DALLAS, PA 58,59058.6k $4.2m $4.2m 1.26% Reduced -6.6k -6,584
80 Sterling Investment Advisors, Ltd. 1.10% of their portfolio BERWYN, PA 56,64156.6k $4.1m $4.1m 1.10% Reduced -993 -993
81 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 56,26556.3k $4.1m $4.1m 0.01% Reduced -8.9k -8,898
82 Sage Capital Management, LLC 2.04% of their portfolio Stockton, NJ 53,82753.8k $3.9m $3.9m 2.04% Added +170 +170
83 Chicago Partners Investment Group LLC 0.15% of their portfolio CHICAGO, IL 52,12952.1k $3.8m $3.8m 0.15% Reduced -24 -24
84 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 51,50251.5k $3.7m $3.7m 0.00% Reduced -228.2k -228,248
85 Geneos Wealth Management Inc. 0.15% of their portfolio ENGLEWOOD, CO 46,40146.4k $3.3m $3.3m 0.15% Added +1.5k +1,462
86 TFG Advisers LLC 1.28% of their portfolio Auburn Hills, MI 45,68845.7k $3.3m $3.3m 1.28% Reduced -1.0k -1,015
87 WESBANCO BANK INC 0.12% of their portfolio WHEELING, WV 44,18344.2k $3.2m $3.2m 0.12% Added +3.8k +3,760
88 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 43,52543.5k $3.1m $3.1m 0.00% Added +1.5k +1,463
89 Jefferies Financial Group Inc. 0.06% of their portfolio NEW YORK, NY 42,64442.6k $3.1m $3.1m 0.06% Added +401 +401
90 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 42,30042.3k $3.0m $3.0m 0.01% Added +388 +388
91 CIM, LLC 0.46% of their portfolio ALBANY, NY 41,86841.9k $3.1m $3.1m 0.46% Added +1.3k +1,257
92 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 41,78141.8k $3.0m $3.0m 0.01% Added +37.7k +37,656
93 Waverly Advisors, LLC 0.06% of their portfolio BIRMINGHAM, AL 39,46739.5k $2.8m $2.8m 0.06% Reduced -234 -234
94 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 39,03039.0k $2.8m $2.8m 0.02% Added +2.8k +2,836
95 State of Tennessee, Department of Treasury 0.01% of their portfolio NASHVILLE, TN 39,00039.0k $2.8m $2.8m 0.01% Reduced -51.1k -51,150
96 RPg Family Wealth Advisory, LLC 0.90% of their portfolio BURLINGTON, MA 38,12738.1k $2.7m $2.7m 0.90% Reduced -254 -254
97 Atria Investments, Inc 0.04% of their portfolio Charlotte, NC 37,82337.8k $2.7m $2.7m 0.04% Reduced -53.3k -53,274
98 Atria Wealth Solutions, Inc. 0.03% of their portfolio NEW YORK, NY 37,65437.7k $2.7m $2.7m 0.03% Added +582 +582
99 Mount Lucas Management LP 0.89% of their portfolio Newtown, PA 34,90034.9k $2.5m $2.5m 0.89% Reduced -1.5k -1,459
100 FORESIGHT CAPITAL MANAGEMENT ADVISORS, INC. 1.70% of their portfolio SALINE, MI 34,88634.9k $2.5m $2.5m 1.70% Added +15.3k +15,309