Vault-13

SPDR SER TR SPLB

PORTFOLIO LN COR · ETP · CUSIP 78464A367

152 institutional holders -15 vs Q2 2025
23,464,87223.5m shares reported held*
$542.9mreported value*
22 new 62 added 54 reduced 32 sold out net sold ≈ $242.0m (-10.5m 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. Holder counts are more reliable. Implied quarter-end price ≈ $23.14.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 98Q4 22: 103Q1 23: 93Q2 23: 103Q3 23: 114Q4 23: 128Q1 24: 131Q2 24: 143Q3 24: 142Q4 24: 146Q1 25: 168Q2 25: 167Q3 25: 152152Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202298
Q4 2022103
Q1 202393
Q2 2023103
Q3 2023114
Q4 2023128
Q1 2024131
Q2 2024143
Q3 2024142
Q4 2024146
Q1 2025168
Q2 2025167
Q3 2025152

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 23: 61 bought or addedQ4 23: 57 cut or sold outQ1 24: 78 bought or addedQ1 24: 51 cut or sold outQ1 24Q2 24: 84 bought or addedQ2 24: 51 cut or sold outQ3 24: 78 bought or addedQ3 24: 62 cut or sold outQ3 24Q4 24: 75 bought or addedQ4 24: 59 cut or sold outQ1 25: 105 bought or addedQ1 25: 62 cut or sold outQ1 25Q2 25: 100 bought or addedQ2 25: 71 cut or sold outQ3 25: 84 bought or addedQ3 25: 86 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20236157
Q1 20247851
Q2 20248451
Q3 20247862
Q4 20247559
Q1 202510562
Q2 202510071
Q3 20258486

Calls vs puts

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

CallsPuts
$0$25k$50k$75k$100kQ4 24 calls: $2.2kQ4 24 puts: $97.8kQ4 24P/C 44.00Q1 25 calls: $6.8kQ1 25 puts: $49.7kQ1 25P/C 7.33Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —
Numbers
QuarterCallsPutsP/C
Q4 2024$2.2k$97.8k44.00
Q1 2025$6.8k$49.7k7.33
Q2 2025$0$0—
Q3 2025$0$0—

Biggest buyers

Thrivent Financial for Lutherans New +997,171+997.2k
JANE STREET GROUP, LLC Added +371,359+371.4k
ARRIEN INVESTMENTS, INC. Added +183,681+183.7k
JPMORGAN CHASE & CO Added +165,994+166.0k
GOLDMAN SACHS GROUP INC Added +157,796+157.8k
RMG Wealth Management LLC Added +131,149+131.1k
WELLS FARGO & COMPANY/MN Added +114,087+114.1k
Clark Capital Management Group, Inc. New +102,836+102.8k
Goldstone Financial Group, LLC Added +80,990+81.0k
DOW CHEMICAL CO /DE/ New +71,124+71.1k

Biggest sellers

STATE STREET CORP Reduced -6,430,724-6.4m
LPL Financial LLC Reduced -1,389,719-1.4m
Envestnet Portfolio Solutions, Inc. Sold out -928,868-928.9k
Sterling Financial Group, Inc. Reduced -827,913-827.9k
ASSETMARK, INC Reduced -737,170-737.2k
ENVESTNET ASSET MANAGEMENT INC Reduced -657,811-657.8k
ROYAL BANK OF CANADA Reduced -341,912-341.9k
Austin Private Wealth, LLC Sold out -205,918-205.9k
Spectrum Wealth Advisory Group, LLC Reduced -196,361-196.4k
FLAGSHIP HARBOR ADVISORS, LLC Sold out -171,121-171.1k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RMG Wealth Management LLC 7.35% of their portfolio PLATTEVILLE, WI 2,228,5962.2m $52.2m $52.2m 7.35% Added +131.1k +131,149
2 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 2,051,3072.1m $47.4m $47.4m 0.01% Reduced -1.4m -1,389,719
3 ROCKLAND TRUST CO 1.61% of their portfolio HANOVER, MA 1,697,3831.7m $39.2m $39.2m 1.61% Added +16.1k +16,079
4 NYL Investors LLC 11.02% of their portfolio NEW YORK, NY 1,451,3191.5m $33.6m $33.6m 11.02% Added +1.2k +1,245
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,029,1661.0m $23.8m $23.8m 0.00% Reduced -26.7k -26,740
6 Thrivent Financial for Lutherans 0.05% of their portfolio Minneapolis, MN 997,171997.2k $23.1m $23.1m 0.05% New
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 884,282884.3k $20.4m $20.4m 0.00% Reduced -6.4m -6,430,724
8 Strategic Advocates LLC 5.19% of their portfolio SACRAMENTO, CA 862,740862.7k $19.9m $19.9m 5.19% Added +16.9k +16,920
9 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 710,135710.1k $16.4m $16.4m 0.01% Added +19.6k +19,595
10 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 708,551708.6k $16.4m $16.4m 0.00% Reduced -657.8k -657,811
11 Goldstone Financial Group, LLC 1.61% of their portfolio OAKBROOK TERRACE, IL 589,195589.2k $13.6m $13.6m 1.61% Added +81.0k +80,990
12 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 487,280487.3k $11.3m $11.3m 0.00% Added +114.1k +114,087
13 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 417,848417.8k $9.7m $9.7m 0.00% Reduced -341.9k -341,912
14 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 394,583394.6k $9.1m $9.1m 0.01% Added +371.4k +371,359
15 PFG Advisors 0.36% of their portfolio Phoenix, AZ 381,518381.5k $8.8m $8.8m 0.36% Added +32.6k +32,588
16 Gotham Asset Management, LLC 0.04% of their portfolio NEW YORK, NY 371,222371.2k $8.6m $8.6m 0.04% Added +23.9k +23,893
17 ARRIEN INVESTMENTS, INC. 4.77% of their portfolio BOISE, ID 352,979353.0k $8.2m $8.2m 4.77% Added +183.7k +183,681
18 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 349,051349.1k $7.9m $7.9m 0.01% Reduced -60.2k -60,208
19 Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio SEOUL, M5 346,000346.0k $8.0m $8.0m 0.03% Added +41.0k +41,000
20 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 344,037344.0k $8.0m $8.0m 0.00% Reduced -24.7k -24,730
21 White & Co Financial Planning Inc 5.83% of their portfolio SUNNYSIDE, WA 334,970335.0k $7.7m $7.7m 5.83% Added +13.9k +13,856
22 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 332,460332.5k $7.7m $7.7m 0.00% Added +4.0k +4,019
23 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 327,625327.6k $7.6m $7.6m 0.00% Added +157.8k +157,796
24 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 318,868318.9k $7.4m $7.4m 0.00% Added +8.0k +7,954
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 316,968317.0k $7.3m $7.3m 0.00% Added +166.0k +165,994
26 Hedeker Wealth, LLC 1.31% of their portfolio Lincolnshire, IL 272,258272.3k $6.3m $6.3m 1.31% Reduced -23.8k -23,810
27 IFP Advisors, Inc 0.16% of their portfolio TAMPA, FL 264,091264.1k $6.1m $6.1m 0.16% Added +17.0k +17,020
28 VAN STRUM & TOWNE INC. 1.63% of their portfolio SAN FRANCISCO, CA 240,088240.1k $5.6m $5.6m 1.63% Added +70.7k +70,685
29 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 212,418212.4k $4.9m $4.9m 0.02% Reduced -17.8k -17,779
30 Graney & King, LLC 3.30% of their portfolio LATHAM, NY 205,983206.0k $4.8m $4.8m 3.30% Added +33.3k +33,347
31 Aspire Private Capital, LLC 0.45% of their portfolio Cornelius, NC 178,086178.1k $4.0m $4.0m 0.45% Unchanged
32 BlackRock, Inc. 0.00% of their portfolio New York, NY 172,522172.5k $4.0m $4.0m 0.00% Reduced -860 -860
33 Fifth Third Securities, Inc. 0.27% of their portfolio Cincinnati, OH 171,897171.9k $4.0m $4.0m 0.27% Added +68.2k +68,198
34 Collaborative Wealth Managment Inc. 1.42% of their portfolio LAKE MARY, FL 151,692151.7k $3.5m $3.5m 1.42% Reduced -39.4k -39,436
35 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 148,518148.5k $3.4m $3.4m 0.01% Added +43.4k +43,433
36 PRINCIPAL SECURITIES, INC. 0.06% of their portfolio DES MOINES, IA 145,599145.6k $3.4m $3.4m 0.06% Added +3.7k +3,662
37 Sharkey, Howes & Javer 0.38% of their portfolio DENVER, CO 127,032127.0k $2.9m $2.9m 0.38% Reduced -8.1k -8,091
38 CONNING INC. 0.10% of their portfolio HARTFORD, CT 124,080124.1k $2.9m $2.9m 0.10% Unchanged
39 Aspetuck Financial Management LLC 1.92% of their portfolio WESTPORT, CT 121,548121.5k $2.8m $2.8m 1.92% Reduced -100 -100
40 SYNOVUS FINANCIAL CORP 0.03% of their portfolio Columbus, GA 108,457108.5k $2.5m $2.5m 0.03% Reduced -3.1k -3,086
41 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 108,006108.0k $2.5m $2.5m 0.00% Added +59.1k +59,149
42 CARY STREET PARTNERS FINANCIAL LLC 0.06% of their portfolio RICHMOND, VA 103,980104.0k $2.4m $2.4m 0.06% Added +15.5k +15,499
43 Clark Capital Management Group, Inc. 0.01% of their portfolio PHILADELPHIA, PA 102,836102.8k $2.4m $2.4m 0.01% New
44 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 85,94485.9k $2.0m $2.0m 0.00% Reduced -42.3k -42,345
45 J.W. COLE ADVISORS, INC. 0.04% of their portfolio TAMPA, FL 83,41683.4k $1.9m $1.9m 0.04% Reduced -6.9k -6,869
46 UBS Group AG 0.00% of their portfolio ZURICH, V8 82,28682.3k $1.9m $1.9m 0.00% Added +4.3k +4,349
47 Caitlin John, LLC 1.16% of their portfolio BRIGHTON, MI 71,78871.8k $1.7m $1.7m 1.16% Reduced -3.9k -3,940
48 DOW CHEMICAL CO /DE/ 0.63% of their portfolio MIDLAND, MI 71,12471.1k $1.6m $1.6m 0.63% New
49 Advyzon Investment Management, LLC 0.28% of their portfolio LISLE, IL 69,88869.9k $1.6m $1.6m 0.28% Added +17.5k +17,460
50 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 66,62766.6k $1.5m $1.5m 0.00% Reduced -737.2k -737,170
51 Westside Investment Management, Inc. 0.24% of their portfolio SANTA MONICA, CA 64,76364.8k $1.5m $1.5m 0.24% Added +16.2k +16,164
52 Fourth Dimension Wealth, LLC 0.53% of their portfolio MIDDLEBURG HEIGHTS, OH 60,14360.1k $1.4m $1.4m 0.53% Added +4.0k +3,973
53 Prospera Financial Services Inc 0.02% of their portfolio Dallas, TX 58,65158.7k $1.4m $1.4m 0.02% Added +460 +460
54 CAPSTONE WEALTH MANAGEMENT GROUP, LLC 0.53% of their portfolio DUNMORE, PA 53,88553.9k $1.2m $1.2m 0.53% Added +612 +612
55 Spectrum Wealth Advisory Group, LLC 0.51% of their portfolio GRANITE BAY, CA 53,85753.9k $1.2m $1.2m 0.51% Reduced -196.4k -196,361
56 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 53,60853.6k $1.2m $1.2m 0.01% New
57 NOVEM GROUP 0.14% of their portfolio Rochester, NY 52,55552.6k $1.2m $1.2m 0.14% Added +2.0k +2,017
58 TRUEFG, LLC 0.32% of their portfolio CEDAR PARK, TX 49,88849.9k $1.2m $1.2m 0.32% Reduced -2.2k -2,188
59 Mariner, LLC 0.00% of their portfolio Overland Park, KS 46,78646.8k $1.1m $1.1m 0.00% New
60 Boltwood Capital Management 0.28% of their portfolio WALNUT CREEK, CA 45,75045.8k $1.1m $1.1m 0.28% Reduced -50 -50
61 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 45,06345.1k $1.0m $1.0m 0.00% Added +28.4k +28,371
62 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 44,08444.1k $1.0m $1.0m 0.00% Reduced -46.5k -46,524
63 Koshinski Asset Management, Inc. 0.07% of their portfolio DECATUR, IL 43,26043.3k $1.0m $1.0m 0.07% Reduced -4.9k -4,851
64 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 42,92042.9k $992.3k $992.3k 0.00% Unchanged
65 Ameritas Investment Partners, Inc. 0.03% of their portfolio LINCOLN, NE 37,63237.6k $870.1k $870.1k 0.03% Added +2.7k +2,727
66 Ally Invest Advisors Inc. 0.06% of their portfolio CHARLOTTE, NC 36,60936.6k $846.4k $846.4k 0.06% Added +3.1k +3,113
67 Geneos Wealth Management Inc. 0.02% of their portfolio ENGLEWOOD, CO 35,45335.5k $819.7k $819.7k 0.02% Added +5.3k +5,325
68 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 34,64334.6k $797.8k $797.8k 0.00% Added +15.5k +15,483
69 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 33,79333.8k $780.0k $780.0k 0.00% Added +6.2k +6,164
70 Insight Advisors, LLC/ PA 0.12% of their portfolio Newtown, PA 33,29233.3k $769.7k $769.7k 0.12% Added +1.8k +1,796
71 GWN SECURITIES INC. 0.18% of their portfolio Palm Beach Gardens, FL 32,70732.7k $757.4k $757.4k 0.18% Reduced -27.1k -27,147
72 KKM Financial LLC 0.23% of their portfolio CHICAGO, IL 31,98532.0k $739.5k $739.5k 0.23% Reduced -5.3k -5,288
73 RFG Advisory, LLC 0.01% of their portfolio BIRMINGHAM, AL 29,79329.8k $688.8k $688.8k 0.01% Reduced -14.3k -14,270
74 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 29,34729.3k $678.5k $678.5k 0.00% Reduced -26.9k -26,892
75 FLOW TRADERS U.S. LLC 0.03% of their portfolio NEW YORK, NY 28,87228.9k $668.0k $668.0k 0.03% Reduced -46.7k -46,715
76 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 28,67328.7k $662.9k $662.9k 0.01% Added +1.3k +1,301
77 MinichMacGregor Wealth Management, LLC 0.12% of their portfolio Saratoga Springs, NY 26,25126.3k $606.9k $606.9k 0.12% New
78 RMR Capital Management, LLC 0.39% of their portfolio Tustin, CA 23,97124.0k $554.2k $554.2k 0.39% Unchanged
79 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 22,67522.7k $524.2k $524.2k 0.00% Reduced -2.9k -2,900
80 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 22,65722.7k $524.0k $524.0k 0.00% Added +577 +577
81 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 22,57922.6k $522.0k $522.0k 0.00% Reduced -36.1k -36,135
82 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 21,67021.7k $501.0k $501.0k 0.00% Reduced -8.0k -7,988
83 City Center Advisors, LLC 0.48% of their portfolio TROY, MI 21,39521.4k $494.7k $494.7k 0.48% Added +5.9k +5,854
84 RiverFront Investment Group, LLC 0.01% of their portfolio RICHMOND, VA 19,69619.7k $455.4k $455.4k 0.01% Unchanged
85 LEVEL FOUR ADVISORY SERVICES, LLC 0.02% of their portfolio DALLAS, TX 19,00719.0k $439.4k $439.4k 0.02% Unchanged
86 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 18,54818.5k $428.8k $428.8k 0.01% Added +438 +438
87 Banco Santander, S.A. 0.00% of their portfolio Madrid, U3 17,82217.8k $412.0k $412.0k 0.00% Unchanged
88 GUIDANCE CAPITAL, INC 0.11% of their portfolio LOUSVILLE, KY 17,81917.8k $418.9k $418.9k 0.11% Added +20 +20
89 Twelve Points Wealth Management LLC 0.09% of their portfolio CONCORD, MA 15,99116.0k $369.7k $369.7k 0.09% Reduced -1.4k -1,437
90 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 15,89915.9k $367.6k $367.6k 0.01% New
91 Global Endowment Management, LP 0.04% of their portfolio CHARLOTTE, NC 14,55514.6k $336.5k $336.5k 0.04% Added +652 +652
92 HF Advisory Group, LLC 0.12% of their portfolio Annapolis, MD 14,32214.3k $331.1k $331.1k 0.12% Added +3.8k +3,788
93 Advisory Alpha, LLC 0.01% of their portfolio HOLLAND, MI 12,92712.9k $299.5k $299.5k 0.01% Reduced -324 -324
94 Waldron Private Wealth LLC 0.01% of their portfolio BRIDGEVILLE, PA 12,30012.3k $284.4k $284.4k 0.01% New
95 Ausdal Financial Partners, Inc. 0.01% of their portfolio Davenport, IA 12,21012.2k $282.3k $282.3k 0.01% New
96 LifeGoal Investments, LLC 0.23% of their portfolio SARATOGA SPRINGS, NY 11,74811.7k $271.6k $271.6k 0.23% Added +79 +79
97 Valmark Advisers, Inc. 0.00% of their portfolio AKRON, OH 11,56511.6k $267.4k $267.4k 0.00% Unchanged
98 VestGen Advisors, LLC 0.01% of their portfolio CHICAGO, IL 11,35811.4k $262.6k $262.6k 0.01% Added +1.1k +1,120
99 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 11,20311.2k $259.0k $259.0k 0.00% Reduced -2.9k -2,886
100 Focus Partners Advisor Solutions, LLC 0.00% of their portfolio SAINT LOUIS, MO 10,90610.9k $249.4k $249.4k 0.00% Added +1.6k +1,624