Vault-13

SPDR SER TR CWB

BBG CONV SEC ETF · ETP · CUSIP 78464A359

523 institutional holders +62 vs Q3 2024
37,949,35337.9m shares reported held*
$3.0bnreported value*
64 new 153 added 149 reduced 31 sold out net bought ≈ $677.5m (+8.7m 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 ($11.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $78.28. Options: 1 managers hold calls ($46.7k notional), 1 hold puts ($70.1k).

Trends to Q4 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: 443Q3 24: 461Q4 24: 523523Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022458
Q4 2022474
Q1 2023442
Q2 2023478
Q3 2023466
Q4 2023462
Q1 2024468
Q2 2024443
Q3 2024461
Q4 2024523

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 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 24Q3 24: 174 bought or addedQ3 24: 210 cut or sold outQ4 24: 217 bought or addedQ4 24: 180 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023165246
Q2 2023195217
Q3 2023173245
Q4 2023148259
Q1 2024183211
Q2 2024141236
Q3 2024174210
Q4 2024217180

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ1 24 calls: $1.2mQ1 24 puts: $715.8kQ1 24P/C 0.60Q2 24 calls: $345.9kQ2 24 puts: $792.7kQ2 24P/C 2.29Q3 24 calls: $91.9kQ3 24 puts: $15.3kQ3 24P/C 0.17Q4 24 calls: $46.7kQ4 24 puts: $70.1kQ4 24P/C 1.50
Numbers
QuarterCallsPutsP/C
Q1 2024$1.2m$715.8k0.60
Q2 2024$345.9k$792.7k2.29
Q3 2024$91.9k$15.3k0.17
Q4 2024$46.7k$70.1k1.50

Biggest buyers

Howard Capital Management, LLC Added +1,978,362+2.0m
ENVESTNET ASSET MANAGEMENT INC Added +1,936,754+1.9m
Cetera Investment Advisers Added +1,467,503+1.5m
Allianz Asset Management GmbH New +686,900+686.9k
Orion Porfolio Solutions, LLC Added +479,336+479.3k
Orion Portfolio Solutions, LLC Added +479,336+479.3k
Ocean Park Asset Management, LLC Added +289,795+289.8k
GeoWealth Management, LLC Added +222,683+222.7k
LPL Financial LLC Added +202,435+202.4k
WELLS FARGO & COMPANY/MN Added +147,306+147.3k

Biggest sellers

ASSETMARK, INC Reduced -617,553-617.6k
FULTON BREAKEFIELD BROENNIMAN LLC Reduced -278,886-278.9k
ACT Advisors, LLC. Reduced -114,588-114.6k
Elequin Capital, LP Reduced -106,992-107.0k
JPMORGAN CHASE & CO Reduced -79,077-79.1k
Retireful, LLC Sold out -56,951-57.0k
RENAISSANCE TECHNOLOGIES LLC Reduced -56,200-56.2k
Aveo Capital Partners, LLC Sold out -51,343-51.3k
CAPSTONE INVESTMENT ADVISORS, LLC Reduced -44,700-44.7k
Midwest Professional Planners, LTD. Reduced -36,448-36.4k

Biggest calls

CITADEL ADVISORS LLC Reduced $46.7k600 shares

Biggest puts

CITADEL ADVISORS LLC Added $70.1k900 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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio Berwyn, PA 2,573,6602.6m $200.5m $200.5m 0.06% Added +1.9m +1,936,754
2 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,524,1532.5m $196.6m $196.6m 0.02% Reduced -2.0k -1,975
3 Howard Capital Management, LLC 2.85% of their portfolio Alpharetta, GA 2,354,3172.4m $183.4m $183.4m 2.85% Added +2.0m +1,978,362
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,626,5951.6m $126.7m $126.7m 0.01% Added +25.2k +25,211
5 Cetera Investment Advisers 0.26% of their portfolio SCHAUMBURG, IL 1,591,8961.6m $124.0m $124.0m 0.26% Added +1.5m +1,467,503
6 ASSETMARK, INC 0.34% of their portfolio CONCORD, CA 1,587,1071.6m $123.6m $123.6m 0.34% Reduced -617.6k -617,553
7 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 1,218,1031.2m $94.9m $94.9m 0.04% Added +202.4k +202,435
8 BESSEMER GROUP INC 0.14% of their portfolio WOODBRIDGE, NJ 1,138,5841.1m $88.7m $88.7m 0.14% Unchanged
9 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,116,0331.1m $86.9m $86.9m 0.02% Added +147.3k +147,306
10 DELTA CAPITAL MANAGEMENT LLC 0.48% of their portfolio RED BANK, NJ 1,071,0001.1m $834.0k $834.0k 0.48% Unchanged
11 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,003,6411.0m $78.2m $78.2m 0.02% Added +94.7k +94,748
12 Ocean Park Asset Management, LLC 2.31% of their portfolio SANTA MONICA, CA 870,551870.6k $67.8m $67.8m 2.31% Added +289.8k +289,795
13 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 822,154822.2k $64.0m $64.0m 0.04% Reduced -24.8k -24,796
14 New York Life Investment Management LLC 0.61% of their portfolio New York, NY 796,891796.9k $62.1m $62.1m 0.61% Added +28.2k +28,169
15 Allianz Asset Management GmbH 0.08% of their portfolio MUNICH, 2M 686,900686.9k $53.5m $53.5m 0.08% New
16 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 637,248637.2k $49.6m $49.6m 0.02% Reduced -161 -161
17 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 617,968618.0k $48.1m $48.1m 0.01% Added +19.3k +19,290
18 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 495,690495.7k $38.6m $38.6m 0.03% Added +49.1k +49,122
19 Orion Porfolio Solutions, LLC 0.37% of their portfolio OMAHA, NE 482,250482.2k $37.6m $37.6m 0.37% Added +479.3k +479,336
20 Orion Portfolio Solutions, LLC 0.37% of their portfolio Omaha, NE 482,250482.2k $37.6m $37.6m 0.37% Added +479.3k +479,336
21 UBS Group AG 0.01% of their portfolio ZURICH, V8 474,798474.8k $37.0m $37.0m 0.01% Reduced -8.8k -8,848
22 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 462,272462.3k $36.0m $36.0m 0.02% Reduced -17.0k -17,023
23 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 389,521389.5k $30.3m $30.3m 0.01% Reduced -6.4k -6,397
24 One Wealth Map LLC 18.45% of their portfolio LAS VEGAS, NV 380,232380.2k $30.4m $30.4m 18.45% Reduced -15.1k -15,065
25 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 310,223310.2k $24.2m $24.2m 0.05% Added +8.5k +8,501
26 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 301,780301.8k $23.5m $23.5m 0.01% Unchanged
27 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 268,919268.9k $20.9m $20.9m 0.01% First filing
28 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 258,014258.0k $20.1m $20.1m 0.07% Reduced -27.4k -27,443
29 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 241,942241.9k $18.8m $18.8m 0.03% Added +15.9k +15,943
30 GeoWealth Management, LLC 0.59% of their portfolio CHICAGO, IL 231,829231.8k $18.1m $18.1m 0.59% Added +222.7k +222,683
31 Wealth Watch Advisors, INC 11.23% of their portfolio ENGLEWOOD, CO 231,611231.6k $18.0m $18.0m 11.23% First filing
32 River Wealth Advisors LLC 2.30% of their portfolio CAMP HILL, PA 222,448222.4k $17.3m $17.3m 2.30% Added +6.0k +5,980
33 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 220,966221.0k $17.2m $17.2m 0.03% Reduced -920 -920
34 NOMURA ASSET MANAGEMENT CO LTD 0.05% of their portfolio TOKYO, M0 218,887218.9k $17.0m $17.0m 0.05% Reduced -6.1k -6,100
35 GUGGENHEIM CAPITAL LLC 0.14% of their portfolio CHICAGO, IL 215,190215.2k $16.8m $16.8m 0.14% Reduced -30.3k -30,345
36 XML Financial, LLC 1.50% of their portfolio BETHESDA, MD 210,085210.1k $16.4m $16.4m 1.50% Reduced -196 -196
37 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 205,465205.5k $16.0m $16.0m 0.03% Added +9.5k +9,455
38 Waldron Private Wealth LLC 0.64% of their portfolio BRIDGEVILLE, PA 205,316205.3k $16.0m $16.0m 0.64% Added +1.8k +1,822
39 POTOMAC FUND MANAGEMENT INC /ADV 0.91% of their portfolio BETHESDA, MD 199,200199.2k $15.5m $15.5m 0.91% First filing
40 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 194,807194.8k $15.2m $15.2m 0.02% Added +20.0k +19,986
41 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 189,481189.5k $14.8m $14.8m 0.05% Added +59 +59
42 Strategic Investment Advisors / MI 1.49% of their portfolio FARMINGTON HILLS, MI 179,758179.8k $14.0m $14.0m 1.49% Added +18.9k +18,909
43 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 170,800170.8k $13.3m $13.3m 0.02% Reduced -56.2k -56,200
44 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 162,709162.7k $12.7m $12.7m 0.00% Reduced -79.1k -79,077
45 Goodman Advisory Group, LLC 3.69% of their portfolio NEEDHAM, MA 160,760160.8k $12.5m $12.5m 3.69% Added +8.9k +8,873
46 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 154,747154.7k $12.1m $12.1m 0.03% Added +149 +149
47 HUNTINGTON NATIONAL BANK 0.08% of their portfolio COLUMBUS, OH 149,092149.1k $11.6m $11.6m 0.08% Reduced -4.7k -4,743
48 Atria Wealth Solutions, Inc. 0.12% of their portfolio NEW YORK, NY 144,806144.8k $11.3m $11.3m 0.12% Added +102.7k +102,652
49 Paulson Wealth Management Inc. 2.94% of their portfolio West Palm Beach, FL 138,259138.3k $10.8m $10.8m 2.94% Reduced -3.1k -3,149
50 B. Riley Wealth Advisors, Inc. 0.35% of their portfolio MEMPHIS, TN 135,493135.5k $10.6m $10.6m 0.35% Reduced -29.3k -29,291
51 FSC Wealth Advisors, LLC 6.29% of their portfolio WAPPINGERS FALLS, NY 125,496125.5k $9.8m $9.8m 6.29% Added +90.0k +90,018
52 AMG National Trust Bank 0.27% of their portfolio GREENWOOD VILLAGE, CO 123,376123.4k $9.6m $9.6m 0.27% Reduced -2.2k -2,230
53 Quadrature Capital Ltd 0.19% of their portfolio LONDON, X0 122,638122.6k $9.6m $9.6m 0.19% New
54 WIN ADVISORS, INC 4.51% of their portfolio PALM BEACH GARDENS, FL 119,536119.5k $9.3m $9.3m 4.51% Added +105.2k +105,178
55 OPPENHEIMER & CO INC 0.14% of their portfolio NEW YORK, NY 117,522117.5k $9.2m $9.2m 0.14% Reduced -3.0k -3,017
56 Financial & Tax Architects, LLC 2.33% of their portfolio ST LOUIS, MO 117,343117.3k $9.1m $9.1m 2.33% New
57 NTV Asset Management LLC 1.16% of their portfolio Charleston, WV 112,493112.5k $8.8m $8.8m 1.16% Reduced -2.2k -2,190
58 Modera Wealth Management, LLC 0.11% of their portfolio WESTWOOD, NJ 112,247112.2k $8.7m $8.7m 0.11% Reduced -5.7k -5,716
59 Advisors Preferred, LLC 1.40% of their portfolio ROCKVILLE, MD 111,625111.6k $8.7m $8.7m 1.40% Added +29.8k +29,759
60 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 111,520111.5k $8.7m $8.7m 0.01% Reduced -716 -716
61 Estate Counselors, LLC 0.92% of their portfolio Thiensville, WI 110,572110.6k $8.6m $8.6m 0.92% Added +892 +892
62 McAdam, LLC 0.47% of their portfolio Philadelphia, PA 109,740109.7k $8.5m $8.5m 0.47% Added +1.1k +1,085
63 Petix & Botte Co 2.17% of their portfolio LA MESA, CA 106,089106.1k $8.3m $8.3m 2.17% Reduced -29.8k -29,774
64 STEPHENS INC /AR/ 0.12% of their portfolio LITTLE ROCK, AR 105,439105.4k $8.2m $8.2m 0.12% Reduced -90 -90
65 Anderson Financial Strategies, LLC 4.74% of their portfolio DAYTON, OH 100,964101.0k $7.9m $7.9m 4.74% First filing
66 Lifestyle Asset Management, Inc. 4.28% of their portfolio FRIENDSWOOD, TX 100,940100.9k $7.9m $7.9m 4.28% New
67 Windsor Capital Management, LLC 2.30% of their portfolio Phoenix, AZ 99,60599.6k $7.8m $7.8m 2.30% Reduced -1.3k -1,312
68 Steward Partners Investment Advisory, LLC 0.07% of their portfolio STAMFORD, CT 98,54698.5k $7.7m $7.7m 0.07% Added +4.3k +4,279
69 ACT Advisors, LLC. 4.11% of their portfolio ASHEVILLE, NC 98,09298.1k $7.6m $7.6m 4.11% Reduced -114.6k -114,588
70 Kingsview Wealth Management, LLC 0.15% of their portfolio GRANTS PASS, OR 97,74197.7k $7.6m $7.6m 0.15% New
71 MacKay Shields LLC 0.22% of their portfolio New York, NY 93,90793.9k $7.3m $7.3m 0.22% New
72 NewSquare Capital LLC 0.58% of their portfolio NEWTOWN SQUARE, PA 93,40693.4k $7.3m $7.3m 0.58% New
73 Florin Court Capital LLP 7.54% of their portfolio London, X0 93,27793.3k $7.3m $7.3m 7.54% Added +38.0k +38,000
74 ST GERMAIN D J CO INC 0.32% of their portfolio SPRINGFIELD, MA 91,19291.2k $7.1m $7.1m 0.32% Reduced -938 -938
75 Envestnet Portfolio Solutions, Inc. 0.02% of their portfolio BERWYN, PA 86,71486.7k $6.8m $6.8m 0.02% Added +77.4k +77,425
76 Allworth Financial LP 0.04% of their portfolio FOLSOM, CA 80,25080.2k $6.4m $6.4m 0.04% Added +8.3k +8,307
77 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 77,29577.3k $6.0m $6.0m 0.03% Added +282 +282
78 Finward Bancorp 5.17% of their portfolio Munster, IN 76,62876.6k $6.0m $6.0m 5.17% First filing
79 Baron Financial Group, LLC 3.67% of their portfolio Fair Lawn, NJ 75,90075.9k $5.9m $5.9m 3.67% Reduced -957 -957
80 Atria Investments, Inc 0.07% of their portfolio Charlotte, NC 75,60975.6k $5.9m $5.9m 0.07% Added +8.0k +7,973
81 William Mack & Associates, Inc. 6.11% of their portfolio TROY, MI 74,88774.9k $5.8m $5.8m 6.11% First filing
82 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 74,22274.2k $5.8m $5.8m 0.01% Reduced -23.0k -23,028
83 Optivise Advisory Services LLC 3.07% of their portfolio FRANKLIN, TN 73,21273.2k $5.7m $5.7m 3.07% New
84 Elevation Capital Advisory, LLC 2.37% of their portfolio BEND, OR 71,13571.1k $5.5m $5.5m 2.37% New
85 Arkos Global Advisors 0.81% of their portfolio HOUSTON, TX 70,89070.9k $5.5m $5.5m 0.81% Added +770 +770
86 Prospera Financial Services Inc 0.12% of their portfolio Dallas, TX 68,88468.9k $5.4m $5.4m 0.12% Added +47.2k +47,227
87 TOWNSQUARE CAPITAL LLC 0.06% of their portfolio Lehi, UT 68,55368.6k $5.3m $5.3m 0.06% Reduced -17.1k -17,116
88 Robertson Stephens Wealth Management, LLC 0.19% of their portfolio San Francisco, CA 68,52568.5k $5.3m $5.3m 0.19% New
89 Ameritas Advisory Services, LLC 0.18% of their portfolio Lincoln, NE 67,27267.3k $5.2m $5.2m 0.18% New
90 Hilltop Holdings Inc. 0.33% of their portfolio DALLAS, TX 67,26467.3k $5.2m $5.2m 0.33% Added +64.2k +64,215
91 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 65,84265.8k $5.1m $5.1m 0.03% Added +56.0k +55,981
92 Synergy Asset Management, LLC 0.38% of their portfolio VANCOUVER, WA 62,57962.6k $4.9m $4.9m 0.38% New
93 Logan Stone Capital, LLC 1.58% of their portfolio CHICAGO, IL 60,43260.4k $4.7m $4.7m 1.58% Added +4.8k +4,795
94 Riggs Asset Managment Co. Inc. 1.23% of their portfolio DALLAS, PA 58,83958.8k $4.6m $4.6m 1.23% Reduced -103 -103
95 Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio SEOUL, M5 58,29258.3k $4.6m $4.6m 0.02% Added +28.6k +28,555
96 David J Yvars Group 2.70% of their portfolio UNIVERSITY PARK, FL 56,73256.7k $4.4m $4.4m 2.70% Reduced -5.5k -5,488
97 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 55,94955.9k $4.4m $4.4m 0.01% Reduced -315 -315
98 Sterling Investment Advisors, Ltd. 1.02% of their portfolio BERWYN, PA 54,24154.2k $4.2m $4.2m 1.02% Reduced -1.4k -1,407
99 Transamerica Financial Advisors, LLC 0.40% of their portfolio CEDAR RAPIDS, IA 52,31452.3k $4.1m $4.1m 0.40% Added +6.9k +6,894
100 Sage Capital Management, LLC 2.03% of their portfolio Stockton, NJ 51,48151.5k $4.0m $4.0m 2.03% Reduced -590 -590