Vault-13

SPDR SER TR SPIB

PORTFOLIO INTRMD · ETP · CUSIP 78464A375

565 institutional holders +0 vs Q1 2025
249,521,238249.5m shares reported held*
$8.4bnreported value*
45 new 256 added 172 reduced 52 sold out net bought ≈ $318.4m (+9.5m 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 ($5.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $33.62.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 394Q4 22: 419Q1 23: 404Q2 23: 416Q3 23: 416Q4 23: 459Q1 24: 487Q2 24: 497Q3 24: 501Q4 24: 561Q1 25: 565Q2 25: 565565Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022394
Q4 2022419
Q1 2023404
Q2 2023416
Q3 2023416
Q4 2023459
Q1 2024487
Q2 2024497
Q3 2024501
Q4 2024561
Q1 2025565
Q2 2025565

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 217 bought or addedQ3 23: 164 cut or sold outQ4 23: 225 bought or addedQ4 23: 184 cut or sold outQ4 23Q1 24: 269 bought or addedQ1 24: 192 cut or sold outQ2 24: 278 bought or addedQ2 24: 191 cut or sold outQ2 24Q3 24: 300 bought or addedQ3 24: 165 cut or sold outQ4 24: 334 bought or addedQ4 24: 160 cut or sold outQ4 24Q1 25: 302 bought or addedQ1 25: 234 cut or sold outQ2 25: 301 bought or addedQ2 25: 224 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023217164
Q4 2023225184
Q1 2024269192
Q2 2024278191
Q3 2024300165
Q4 2024334160
Q1 2025302234
Q2 2025301224

Calls vs puts

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

CallsPuts
$0$5k$10k$15kQ3 24 calls: $10.1kQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$10.1k$00.00
Q4 2024$0$0—
Q1 2025$0$0—
Q2 2025$0$0—

Biggest buyers

Municipal Employees' Retirement System of Michigan Added +12,803,930+12.8m
American Family Investments, Inc. New +5,304,000+5.3m
LPL Financial LLC Added +2,637,433+2.6m
AMERIPRISE FINANCIAL INC Added +2,537,710+2.5m
TRUIST FINANCIAL CORP Added +1,872,691+1.9m
Migdal Insurance & Financial Holdings Ltd. Added +906,924+906.9k
Strategic Financial Concepts, LLC New +894,368+894.4k
GOLDMAN SACHS GROUP INC Added +859,534+859.5k
CGN Advisors LLC Added +599,771+599.8k
OSAIC HOLDINGS, INC. Added +565,376+565.4k

Biggest sellers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -12,497,614-12.5m
True Link Financial Advisors, LLC Reduced -3,327,203-3.3m
JPMORGAN CHASE & CO Reduced -1,526,184-1.5m
JANE STREET GROUP, LLC Sold out -1,344,350-1.3m
CWM, LLC Reduced -893,138-893.1k
RENAISSANCE TECHNOLOGIES LLC Reduced -649,100-649.1k
PARK AVENUE SECURITIES LLC Sold out -609,472-609.5k
CITADEL ADVISORS LLC Sold out -564,629-564.6k
Roberts Financial Services LLC Reduced -543,577-543.6k
Capitolis Liquid Global Markets LLC Sold out -412,400-412.4k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.50% of their portfolio FORT MILL, SC 44,869,61644.9m $1.5bn $1.5bn 0.50% Added +2.6m +2,637,433
2 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.17% of their portfolio SAN FRANCISCO, CA 29,180,41829.2m $979.9m $979.9m 0.17% Reduced -12.5m -12,497,614
3 Municipal Employees' Retirement System of Michigan 5.24% of their portfolio LANSING, MI 12,968,09613.0m $435.5m $435.5m 5.24% Added +12.8m +12,803,930
4 ENVESTNET ASSET MANAGEMENT INC 0.10% of their portfolio Berwyn, PA 9,808,2359.8m $329.4m $329.4m 0.10% Reduced -90.6k -90,631
5 Creative Planning 0.20% of their portfolio OVERLAND PARK, KS 6,915,0486.9m $232.2m $232.2m 0.20% Reduced -51.4k -51,448
6 D.A. DAVIDSON & CO. 1.32% of their portfolio GREAT FALLS, MT 5,580,9405.6m $187.4m $187.4m 1.32% Added +95.8k +95,829
7 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 3.11% of their portfolio MINNEAPOLIS, MN 5,512,7755.5m $185.1m $185.1m 3.11% Added +474.6k +474,631
8 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 5,407,1995.4m $181.6m $181.6m 0.04% Added +2.5m +2,537,710
9 American Family Investments, Inc. 9.73% of their portfolio MADISON, WI 5,304,0005.3m $178.1m $178.1m 9.73% New
10 ASSETMARK, INC 0.40% of their portfolio CONCORD, CA 5,025,5025.0m $168.8m $168.8m 0.40% Added +108.2k +108,164
11 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,741,2464.7m $159.2m $159.2m 0.01% Reduced -358.2k -358,157
12 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 4,737,1094.7m $159.1m $159.1m 0.04% Added +195.5k +195,511
13 Wealth Management Nebraska 19.92% of their portfolio Norfolk, NE 4,398,1434.4m $147.4m $147.4m 19.92% Added +38.8k +38,793
14 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 4,233,0584.2m $142.1m $142.1m 0.05% Added +145.3k +145,273
15 Point72 Asset Management, L.P. 0.32% of their portfolio STAMFORD, CT 4,053,0004.1m $136.1m $136.1m 0.32% Unchanged
16 Waverly Advisors, LLC 1.48% of their portfolio BIRMINGHAM, AL 4,015,1414.0m $134.8m $134.8m 1.48% Added +115.5k +115,454
17 HighTower Advisors, LLC 0.13% of their portfolio CHICAGO, IL 2,980,4483.0m $100.1m $100.1m 0.13% Added +17.7k +17,714
18 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,689,4732.7m $90.3m $90.3m 0.00% Added +256.9k +256,871
19 CASTLEARK MANAGEMENT LLC 2.54% of their portfolio CHICAGO, IL 2,519,3702.5m $84.6m $84.6m 2.54% Added +473.8k +473,790
20 OSAIC HOLDINGS, INC. 0.13% of their portfolio SCOTTSDALE, AZ 2,210,7612.2m $74.1m $74.1m 0.13% Added +565.4k +565,376
21 TRUIST FINANCIAL CORP 0.11% of their portfolio CHARLOTTE, NC 2,182,1392.2m $73.3m $73.3m 0.11% Added +1.9m +1,872,691
22 CAPITAL ADVISORS INC/OK 1.06% of their portfolio TULSA, OK 1,765,2241.8m $59.3m $59.3m 1.06% Reduced -14.0k -14,015
23 D. E. Shaw & Co., Inc. 0.06% of their portfolio New York, NY 1,747,1001.7m $58.7m $58.7m 0.06% Added +454.1k +454,100
24 Migdal Insurance & Financial Holdings Ltd. 0.34% of their portfolio Petach Tikva, L3 1,727,6301.7m $58.0m $58.0m 0.34% Added +906.9k +906,924
25 McMill Wealth Management 18.77% of their portfolio NORFOLK, NE 1,687,1571.7m $56.7m $56.7m 18.77% Added +80.2k +80,220
26 State of New Jersey Common Pension Fund D 0.22% of their portfolio TRENTON, NJ 1,655,7661.7m $55.6m $55.6m 0.22% Unchanged
27 STEPHENS GROUP ASSET MANAGEMENT, LLC 3.67% of their portfolio LITTLE ROCK, AR 1,518,9661.5m $51.0m $51.0m 3.67% Reduced -138.0k -137,966
28 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,509,0981.5m $50.7m $50.7m 0.01% Added +859.5k +859,534
29 Dodds Wealth, LLC 13.33% of their portfolio GREENWOOD VILLAGE, CO 1,479,9221.5m $49.7m $49.7m 13.33% Added +57.8k +57,762
30 Capital Analysts, LLC 1.60% of their portfolio FORT WASHINGTON, PA 1,431,9821.4m $48.1m $48.1m 1.60% Reduced -38.2k -38,239
31 Zurich Insurance Group Ltd/FI 0.36% of their portfolio ZURICH, V8 1,402,9031.4m $47.1m $47.1m 0.36% Unchanged
32 TCV Trust & Wealth Management, Inc. 3.88% of their portfolio RICHMOND, VA 1,322,6051.3m $44.4m $44.4m 3.88% Added +51.6k +51,589
33 Private Advisor Group, LLC 0.23% of their portfolio MORRISTOWN, NJ 1,274,9501.3m $42.8m $42.8m 0.23% Reduced -339.4k -339,419
34 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,264,8561.3m $42.5m $42.5m 0.01% Added +110.0k +109,978
35 Orange Investment Advisors, Inc. 4.53% of their portfolio GOSHEN, NY 1,231,7791.2m $41.4m $41.4m 4.53% Reduced -22.4k -22,419
36 CGN Advisors LLC 3.45% of their portfolio MANHATTAN, KS 1,151,5151.2m $38.7m $38.7m 3.45% Added +599.8k +599,771
37 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,118,6141.1m $37.6m $37.6m 0.00% Added +55.7k +55,660
38 Carnegie Investment Counsel 0.73% of their portfolio PEPPER PIKE, OH 1,086,5861.1m $36.5m $36.5m 0.73% Added +26.2k +26,238
39 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 1,086,5221.1m $36.5m $36.5m 0.06% Reduced -41.4k -41,406
40 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.06% of their portfolio PLYMOUTH, MN 1,057,9901.1m $35.3m $35.3m 0.06% Reduced -91.3k -91,302
41 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 923,466923.5k $31.0m $31.0m 0.00% Added +469.9k +469,930
42 Compton Financial Group, LLC 7.81% of their portfolio TOWSON, MD 894,368894.4k $30.0m $30.0m 7.81% Added +233.5k +233,512
43 Strategic Financial Concepts, LLC 4.22% of their portfolio SAN ANTONIO, TX 894,368894.4k $30.0m $30.0m 4.22% New
44 ST GERMAIN D J CO INC 1.25% of their portfolio SPRINGFIELD, MA 864,256864.3k $29.0m $29.0m 1.25% Added +34.6k +34,621
45 Burt Wealth Advisors 6.41% of their portfolio North Bethesda, MD 834,673834.7k $28.0m $28.0m 6.41% Added +9.6k +9,568
46 Dynamic Advisor Solutions LLC 0.86% of their portfolio PHOENIX, AZ 833,057833.1k $28.0m $28.0m 0.86% Added +64.5k +64,515
47 Rockwood Wealth Management, LLC 2.46% of their portfolio New Hope, PA 831,272831.3k $27.9m $27.9m 2.46% Added +30.2k +30,206
48 Concord Wealth Partners 4.04% of their portfolio ABINGDON, VA 824,404824.4k $27.7m $27.7m 4.04% Added +59.1k +59,141
49 Concord Asset Management, LLC/VA 4.16% of their portfolio ABINGDON, VA 824,404824.4k $27.7m $27.7m 4.16% Added +58.2k +58,169
50 Advisors Capital Management, LLC 0.38% of their portfolio RIDGEWOOD, NJ 823,264823.3k $27.6m $27.6m 0.38% Added +728 +728
51 Farther Finance Advisors, LLC 0.55% of their portfolio SAN FRANCISCO, CA 819,060819.1k $27.5m $27.5m 0.55% Added +384.5k +384,507
52 Roberts Financial Services LLC 9.37% of their portfolio MARQUETTE, MI 809,255809.3k $27.2m $27.2m 9.37% Reduced -543.6k -543,577
53 NOTTINGHAM ADVISORS, INC. 3.92% of their portfolio AMHERST, NY 786,961787.0k $26.4m $26.4m 3.92% Added +122.2k +122,188
54 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 1.83% of their portfolio NEW YORK, NY 773,187773.2k $26.0m $26.0m 1.83% Added +3.9k +3,888
55 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 726,133726.1k $24.4m $24.4m 0.04% Reduced -16.5k -16,536
56 Occidental Asset Management, LLC 3.36% of their portfolio Burlingame, CA 724,848724.8k $24.3m $24.3m 3.36% Added +10.9k +10,943
57 RMG Wealth Management LLC 3.63% of their portfolio PLATTEVILLE, WI 706,171706.2k $23.6m $23.6m 3.63% First filing
58 WRAPMANAGER INC 5.75% of their portfolio MILL VALLEY, CA 702,994703.0k $23.6m $23.6m 5.75% Added +57.3k +57,257
59 High Probability Advisors, LLC 3.40% of their portfolio Pittsford, NY 677,943677.9k $22.8m $22.8m 3.40% Added +20.9k +20,934
60 Willow Creek Wealth Management Inc. 2.04% of their portfolio Sebastopol, CA 676,214676.2k $22.7m $22.7m 2.04% Added +24.0k +23,977
61 Cherry Tree Wealth Management, LLC 5.21% of their portfolio MINNETONKA, MN 667,254667.3k $22.4m $22.4m 5.21% Reduced -19.7k -19,684
62 Obsidian Personal Planning Solutions LLC 8.97% of their portfolio ROCKVILLE, MD 659,808659.8k $22.2m $22.2m 8.97% Added +16.4k +16,388
63 INTEGRITY ALLIANCE, LLC. 1.11% of their portfolio Urbandale, IA 607,038607.0k $20.4m $20.4m 1.11% Reduced -260.7k -260,741
64 INTEGRAL INVESTMENT ADVISORS, INC. 5.60% of their portfolio TURLOCK, CA 584,055584.1k $19.6m $19.6m 5.60% Added +25.1k +25,068
65 Crews Bank & Trust 2.96% of their portfolio PORT CHARLOTTE, FL 559,589559.6k $18.8m $18.8m 2.96% Added +12.0k +12,005
66 GoalVest Advisory LLC 4.36% of their portfolio New York, NY 524,943524.9k $17.6m $17.6m 4.36% Added +54.8k +54,845
67 Financial Gravity Companies, Inc. 3.23% of their portfolio Lakeway, TX 489,280489.3k $16.4m $16.4m 3.23% First filing
68 Clark Capital Management Group, Inc. 0.11% of their portfolio PHILADELPHIA, PA 469,957470.0k $15.8m $15.8m 0.11% Reduced -121.2k -121,163
69 Symphony Financial, Ltd. Co. 2.15% of their portfolio HOUSTON, TX 466,916466.9k $16.4m $16.4m 2.15% Added +405.6k +405,576
70 TRUEFG, LLC 4.65% of their portfolio CEDAR PARK, TX 465,814465.8k $15.6m $15.6m 4.65% Reduced -332 -332
71 AVANTAX ADVISORY SERVICES, INC. 0.08% of their portfolio DALLAS, TX 454,718454.7k $15.3m $15.3m 0.08% Added +31.8k +31,822
72 Advocacy Wealth Management, LLC 0.92% of their portfolio ATLANTA, GA 445,213445.2k $15.0m $15.0m 0.92% Added +26.9k +26,877
73 Mariner, LLC 0.02% of their portfolio Overland Park, KS 415,276415.3k $13.9m $13.9m 0.02% Added +21.0k +21,035
74 CWM, LLC 0.05% of their portfolio OMAHA, NE 407,272407.3k $13.7m $13.7m 0.05% Reduced -893.1k -893,138
75 LEUTHOLD GROUP, LLC 1.56% of their portfolio MINNEAPOLIS, MN 388,529388.5k $13.0m $13.0m 1.56% Added +61.3k +61,282
76 Leicht Financial Planning & Wealth Management, Inc. 6.08% of their portfolio PARSIPPANY, NJ 381,334381.3k $12.8m $12.8m 6.08% Added +77.2k +77,239
77 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.15% of their portfolio CHICAGO, IL 372,415372.4k $12.5m $12.5m 0.15% Added +5.5k +5,500
78 Envestnet Portfolio Solutions, Inc. 0.04% of their portfolio BERWYN, PA 363,811363.8k $12.2m $12.2m 0.04% Added +444 +444
79 Union Bancaire Privee, UBP SA 0.18% of their portfolio GENEVA 1, V8 363,549363.5k $12.2m $12.2m 0.18% Unchanged
80 Apella Capital, LLC 0.32% of their portfolio WEST HARTFORD, CT 356,213356.2k $11.9m $11.9m 0.32% Added +141.8k +141,827
81 MISSION WEALTH MANAGEMENT, LP 0.26% of their portfolio Santa Barbara, CA 355,216355.2k $11.9m $11.9m 0.26% Reduced -177.6k -177,620
82 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 337,517337.5k $11.3m $11.3m 0.01% Added +19.1k +19,149
83 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 332,801332.8k $11.2m $11.2m 0.03% Added +34.2k +34,206
84 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 323,933323.9k $10.9m $10.9m 0.03% Reduced -6.6k -6,588
85 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 319,145319.1k $10.7m $10.7m 0.01% Added +115.6k +115,623
86 Cornerstone Wealth Management, LLC 0.64% of their portfolio ST. PETERS, MO 316,171316.2k $10.6m $10.6m 0.64% Added +35.7k +35,742
87 Orion Porfolio Solutions, LLC 0.09% of their portfolio OMAHA, NE 301,010301.0k $10.1m $10.1m 0.09% Reduced -3.9k -3,933
88 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 298,900298.9k $10.0m $10.0m 0.01% Reduced -649.1k -649,100
89 BANK OF NOVA SCOTIA 0.02% of their portfolio TORONTO, A6 297,310297.3k $10.0m $10.0m 0.02% New
90 Phoenix Financial Ltd. 0.13% of their portfolio Givatayim, L3 297,081297.1k $10.0m $10.0m 0.13% Added +2.0k +1,980
91 Shilanski & Associates, Inc. 2.79% of their portfolio ANCHORAGE, AK 290,618290.6k $9.8m $9.8m 2.79% Added +5.6k +5,627
92 Hobbs Group Advisors, LLC 3.25% of their portfolio COLUMBIA, SC 283,171283.2k $9.5m $9.5m 3.25% Reduced -412.1k -412,100
93 APPLETON PARTNERS INC/MA 0.67% of their portfolio BOSTON, MA 281,200281.2k $9.4m $9.4m 0.67% Added +6.0k +6,027
94 ALPS ADVISORS INC 0.05% of their portfolio Denver, CO 276,740276.7k $9.3m $9.3m 0.05% Reduced -820 -820
95 FLAGSHIP HARBOR ADVISORS, LLC 0.44% of their portfolio BOSTON, MA 276,299276.3k $9.3m $9.3m 0.44% Added +25.3k +25,256
96 BANK HAPOALIM BM 1.26% of their portfolio TEL AVIV, L3 274,626274.6k $9.2m $9.2m 1.26% Added +19.7k +19,743
97 Moment Partners, LLC 1.71% of their portfolio SAN FRANCISCO, CA 272,121272.1k $9.1m $9.1m 1.71% Reduced -245 -245
98 Amtrust Financial Services, Inc. 3.22% of their portfolio New York, NY 270,400270.4k $9.1m $9.1m 3.22% Unchanged
99 Wayfinding Financial, LLC 4.05% of their portfolio LYNNWOOD, WA 269,326269.3k $9.1m $9.1m 4.05% Reduced -11.4k -11,436
100 Summit Financial, LLC 0.20% of their portfolio PARSIPPANY, NJ 264,930264.9k $8.9m $8.9m 0.20% Added +44.7k +44,669