Vault-13

SPDR SER TR SPIB

PORTFOLIO INTRMD · ETP · CUSIP 78464A375

579 institutional holders +2 vs Q4 2025
263,924,844263.9m shares reported held*
$8.9bnreported value*
54 new 266 added 174 reduced 54 sold out net sold ≈ $80.2m (-2.5m 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 ($6.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $33.57.

Trends to Q1 2026

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: 565Q3 25: 563Q4 25: 577Q1 26: 579579Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025563
Q4 2025577
Q1 2026579

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 24: 278 bought or addedQ2 24: 191 cut or sold outQ3 24: 300 bought or addedQ3 24: 165 cut or sold outQ3 24Q4 24: 334 bought or addedQ4 24: 160 cut or sold outQ1 25: 302 bought or addedQ1 25: 234 cut or sold outQ1 25Q2 25: 301 bought or addedQ2 25: 224 cut or sold outQ3 25: 312 bought or addedQ3 25: 218 cut or sold outQ3 25Q4 25: 320 bought or addedQ4 25: 198 cut or sold outQ1 26: 320 bought or addedQ1 26: 228 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024278191
Q3 2024300165
Q4 2024334160
Q1 2025302234
Q2 2025301224
Q3 2025312218
Q4 2025320198
Q1 2026320228

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $3.3mQ3 25 puts: $36.4mQ3 25P/C 11.16Q4 25 calls: $621.7kQ4 25 puts: $12.1mQ4 25P/C 19.42Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$0$0—
Q3 2025$3.3m$36.4m11.16
Q4 2025$621.7k$12.1m19.42
Q1 2026$0$0—

Biggest buyers

LPL Financial LLC Added +2,918,486+2.9m
American Family Investments, Inc. Added +1,484,000+1.5m
NATIONAL BANK OF CANADA /FI/ Added +1,338,800+1.3m
BNP PARIBAS FINANCIAL MARKETS New +1,200,000+1.2m
Independent Advisor Alliance New +1,196,285+1.2m
JANE STREET GROUP, LLC Added +1,190,595+1.2m
STRATEGIC PLANNING GROUP, LLC Added +1,148,106+1.1m
RMG Wealth Management LLC New +877,133+877.1k
Capital Analysts, LLC Added +806,799+806.8k
Tower Research Capital LLC (TRC) New +755,550+755.5k

Biggest sellers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -10,776,833-10.8m
AMERIPRISE FINANCIAL INC Reduced -2,717,424-2.7m
CLIFTONLARSONALLEN WEALTH ADVISORS, LLC Reduced -2,236,623-2.2m
Point72 Asset Management, L.P. Reduced -2,070,000-2.1m
McMill Wealth Management Sold out -1,974,988-2.0m
MORGAN STANLEY Reduced -606,900-606.9k
BANK OF NOVA SCOTIA Sold out -487,555-487.6k
WELLS FARGO & COMPANY/MN Reduced -412,173-412.2k
TrueWealth Financial Partners Sold out -380,535-380.5k
STEPHENS GROUP ASSET MANAGEMENT, LLC Reduced -377,222-377.2k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.46% of their portfolio FORT MILL, SC 51,974,91552.0m $1.7bn $1.7bn 0.46% Added +2.9m +2,918,486
2 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.10% of their portfolio SAN FRANCISCO, CA 19,130,34019.1m $641.6m $641.6m 0.10% Reduced -10.8m -10,776,833
3 Municipal Employees' Retirement System of Michigan 4.46% of their portfolio LANSING, MI 11,704,76811.7m $392.6m $392.6m 4.46% Unchanged
4 ENVESTNET ASSET MANAGEMENT INC 0.10% of their portfolio Berwyn, PA 11,533,90611.5m $386.8m $386.8m 0.10% Added +638.8k +638,787
5 American Family Investments, Inc. 8.98% of their portfolio MADISON, WI 10,179,00010.2m $341.4m $341.4m 8.98% Added +1.5m +1,484,000
6 Creative Planning 0.18% of their portfolio OVERLAND PARK, KS 7,975,4438.0m $267.5m $267.5m 0.18% Reduced -82.7k -82,693
7 D.A. DAVIDSON & CO. 1.32% of their portfolio GREAT FALLS, MT 6,479,8796.5m $217.3m $217.3m 1.32% Added +410.4k +410,391
8 Wealth Management Nebraska 19.85% of their portfolio Norfolk, NE 5,842,8825.8m $196.0m $196.0m 19.85% Added +440.9k +440,888
9 Waverly Advisors, LLC 1.36% of their portfolio BIRMINGHAM, AL 5,395,7125.4m $181.0m $181.0m 1.36% Added +315.3k +315,291
10 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 5,312,5285.3m $178.2m $178.2m 0.01% Reduced -606.9k -606,900
11 ASSETMARK, INC 0.36% of their portfolio CONCORD, CA 5,199,7625.2m $174.4m $174.4m 0.36% Added +18.6k +18,565
12 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 5,137,4745.1m $172.3m $172.3m 0.05% Added +135.4k +135,354
13 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 5,077,7955.1m $170.3m $170.3m 0.03% Reduced -412.2k -412,173
14 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 2.10% of their portfolio MINNEAPOLIS, MN 4,277,0294.3m $143.5m $143.5m 2.10% Reduced -2.2m -2,236,623
15 HighTower Advisors, LLC 0.12% of their portfolio CHICAGO, IL 3,377,4573.4m $113.3m $113.3m 0.12% Added +116.7k +116,689
16 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 3,011,8043.0m $101.0m $101.0m 0.02% Reduced -2.7m -2,717,424
17 CASTLEARK MANAGEMENT LLC 2.98% of their portfolio CHICAGO, IL 2,688,3802.7m $90.2m $90.2m 2.98% Added +169.0k +169,010
18 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,621,1272.6m $87.9m $87.9m 0.00% Reduced -28.5k -28,512
19 Capital Analysts, LLC 2.22% of their portfolio FORT WASHINGTON, PA 2,520,7532.5m $84.5m $84.5m 2.22% Added +806.8k +806,799
20 OSAIC HOLDINGS, INC. 0.10% of their portfolio SCOTTSDALE, AZ 2,092,2442.1m $70.2m $70.2m 0.10% Reduced -88.5k -88,519
21 Cetera Investment Advisers 0.07% of their portfolio SCHAUMBURG, IL 2,068,9702.1m $69.4m $69.4m 0.07% Added +223.6k +223,569
22 CAPITAL ADVISORS INC/OK 0.94% of their portfolio TULSA, OK 1,738,5451.7m $58.3m $58.3m 0.94% Reduced -7.5k -7,494
23 Dodds Wealth, LLC 13.80% of their portfolio GREENWOOD VILLAGE, CO 1,675,8131.7m $56.2m $56.2m 13.80% Added +86.2k +86,155
24 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,572,6441.6m $52.7m $52.7m 0.01% Reduced -130.7k -130,690
25 TCV Trust & Wealth Management, Inc. 4.39% of their portfolio RICHMOND, VA 1,563,4511.6m $52.4m $52.4m 4.39% Added +62.4k +62,381
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,547,3211.5m $51.9m $51.9m 0.00% Added +8.4k +8,409
27 JANE STREET GROUP, LLC 0.05% of their portfolio NEW YORK, NY 1,492,2361.5m $50.0m $50.0m 0.05% Added +1.2m +1,190,595
28 Private Advisor Group, LLC 0.23% of their portfolio MORRISTOWN, NJ 1,462,2401.5m $49.0m $49.0m 0.23% Added +47.5k +47,489
29 STRATEGIC PLANNING GROUP, LLC 6.73% of their portfolio Bountiful, UT 1,434,7701.4m $48.1m $48.1m 6.73% Added +1.1m +1,148,106
30 Point72 Asset Management, L.P. 0.08% of their portfolio STAMFORD, CT 1,410,0001.4m $47.3m $47.3m 0.08% Reduced -2.1m -2,070,000
31 Zurich Insurance Group Ltd/FI 0.37% of their portfolio ZURICH, V8 1,402,9031.4m $47.0m $47.0m 0.37% Unchanged
32 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,380,8801.4m $46.3m $46.3m 0.01% Added +46.9k +46,853
33 State of New Jersey Common Pension Fund D 0.18% of their portfolio TRENTON, NJ 1,355,7661.4m $45.5m $45.5m 0.18% Reduced -300.0k -300,000
34 NATIONAL BANK OF CANADA /FI/ 0.05% of their portfolio MONTREAL, A8 1,338,8371.3m $44.9m $44.9m 0.05% Added +1.3m +1,338,800
35 Orange Investment Advisors, Inc. 5.70% of their portfolio GOSHEN, NY 1,311,5941.3m $44.0m $44.0m 5.70% Added +27.9k +27,907
36 STEPHENS GROUP ASSET MANAGEMENT, LLC 2.71% of their portfolio LITTLE ROCK, AR 1,266,3891.3m $42.5m $42.5m 2.71% Reduced -377.2k -377,222
37 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 1,200,0001.2m $40.2m $40.2m 0.03% New
38 Independent Advisor Alliance 0.43% of their portfolio CHARLOTTE, NC 1,196,2851.2m $40.1m $40.1m 0.43% New
39 CGN Advisors LLC 3.12% of their portfolio MANHATTAN, KS 1,178,5571.2m $39.5m $39.5m 3.12% Reduced -208.8k -208,799
40 Roberts Financial Services LLC 12.21% of their portfolio MARQUETTE, MI 1,144,6651.1m $38.4m $38.4m 12.21% Added +256.9k +256,947
41 Carnegie Investment Counsel 0.74% of their portfolio PEPPER PIKE, OH 1,128,4551.1m $37.8m $37.8m 0.74% Added +5.3k +5,313
42 Rockwood Wealth Management, LLC 2.41% of their portfolio New Hope, PA 1,004,5811.0m $33.7m $33.7m 2.41% Added +63.0k +62,995
43 Advisors Capital Management, LLC 0.39% of their portfolio RIDGEWOOD, NJ 999,532999.5k $33.5m $33.5m 0.39% Added +11.9k +11,862
44 Concord Wealth Partners 4.23% of their portfolio ABINGDON, VA 970,711970.7k $32.6m $32.6m 4.23% Added +57.0k +56,989
45 Concord Asset Management, LLC/VA 5.42% of their portfolio ABINGDON, VA 956,840956.8k $32.1m $32.1m 5.42% Added +52.2k +52,166
46 NOTTINGHAM ADVISORS, INC. 3.97% of their portfolio AMHERST, NY 919,755919.8k $30.8m $30.8m 3.97% Added +118.3k +118,311
47 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 895,264895.3k $20.1m $20.1m 0.04% Added +27.5k +27,495
48 High Probability Advisors, LLC 3.82% of their portfolio Pittsford, NY 890,888890.9k $29.9m $29.9m 3.82% Added +108.8k +108,838
49 RMG Wealth Management LLC 3.39% of their portfolio PLATTEVILLE, WI 877,133877.1k $29.4m $29.4m 3.39% New
50 ST GERMAIN D J CO INC 1.15% of their portfolio SPRINGFIELD, MA 869,720869.7k $29.2m $29.2m 1.15% Reduced -6.2k -6,191
51 Dynamic Advisor Solutions LLC 0.91% of their portfolio PHOENIX, AZ 863,998864.0k $29.0m $29.0m 0.91% Added +50.3k +50,251
52 Migdal Insurance & Financial Holdings Ltd. 0.25% of their portfolio Petach Tikva, L3 859,071859.1k $28.8m $28.8m 0.25% Reduced -94.7k -94,673
53 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.36% of their portfolio CINCINNATI, OH 847,751847.8k $28.4m $28.4m 0.36% Added +172.4k +172,378
54 Compton Financial Group, LLC 6.26% of their portfolio TOWSON, MD 845,038845.0k $28.3m $28.3m 6.26% Reduced -171.1k -171,122
55 Occidental Asset Management, LLC 3.29% of their portfolio Burlingame, CA 828,966829.0k $27.8m $27.8m 3.29% Added +46.7k +46,740
56 Crews Bank & Trust 3.75% of their portfolio PORT CHARLOTTE, FL 770,253770.3k $25.8m $25.8m 3.75% Added +37.2k +37,244
57 Tower Research Capital LLC (TRC) 0.66% of their portfolio NEW YORK, NY 755,550755.5k $25.3m $25.3m 0.66% New
58 Merit Financial Group, LLC 0.19% of their portfolio ALPHARETTA, GA 751,276751.3k $25.2m $25.2m 0.19% Added +39.7k +39,697
59 Apella Capital, LLC 0.37% of their portfolio WEST HARTFORD, CT 742,076742.1k $25.0m $25.0m 0.37% Added +181.0k +180,983
60 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 712,435712.4k $23.9m $23.9m 0.03% Added +1.5k +1,511
61 INTEGRITY ALLIANCE, LLC. 0.89% of their portfolio Urbandale, IA 699,507699.5k $23.5m $23.5m 0.89% Added +29.3k +29,345
62 Clark Capital Management Group, Inc. 0.14% of their portfolio PHILADELPHIA, PA 685,820685.8k $23.0m $23.0m 0.14% Added +41.3k +41,261
63 Your Advocates Ltd., LLP 6.98% of their portfolio HOUSTON, TX 682,626682.6k $22.9m $22.9m 6.98% Added +56.6k +56,649
64 Cherry Tree Wealth Management, LLC 4.61% of their portfolio MINNETONKA, MN 650,076650.1k $21.8m $21.8m 4.61% Added +7.8k +7,751
65 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 1.60% of their portfolio NEW YORK, NY 645,582645.6k $21.7m $21.7m 1.60% Reduced -181.6k -181,571
66 MANNING & NAPIER ADVISORS LLC 0.30% of their portfolio Fairport, NY 628,376628.4k $21.1m $21.1m 0.30% Added +479.1k +479,097
67 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 621,548621.5k $20.8m $20.8m 0.01% Added +255.9k +255,851
68 GoalVest Advisory LLC 4.00% of their portfolio New York, NY 611,069611.1k $20.5m $20.5m 4.00% Reduced -1.9k -1,929
69 Gladstone Institutional Advisory LLC 0.71% of their portfolio Bedminster, NJ 570,042570.0k $19.1m $19.1m 0.71% Added +456.6k +456,625
70 Financial Gravity Asset Management, Inc. 3.39% of their portfolio Lakeway, TX 567,434567.4k $19.0m $19.0m 3.39% Added +29.4k +29,377
71 Evergreen Wealth Partners LLC 14.10% of their portfolio KALISPELL, MT 550,323550.3k $18.5m $18.5m 14.10% Added +46.2k +46,208
72 TRUEFG, LLC 4.81% of their portfolio CEDAR PARK, TX 541,472541.5k $18.2m $18.2m 4.81% Added +32.4k +32,441
73 CWM, LLC 0.05% of their portfolio OMAHA, NE 530,633530.6k $17.8m $17.8m 0.05% Reduced -33.7k -33,711
74 BANK HAPOALIM BM 2.69% of their portfolio TEL AVIV, L3 522,551522.6k $17.5m $17.5m 2.69% Added +167.1k +167,067
75 KWB Wealth 1.73% of their portfolio REDLANDS, CA 516,491516.5k $17.5m $17.5m 1.73% Reduced -64.7k -64,706
76 WRAPMANAGER INC 5.78% of their portfolio MILL VALLEY, CA 495,717495.7k $16.6m $16.6m 5.78% Added +353 +353
77 Fortune 45 LLC 7.91% of their portfolio Gonzales, LA 484,576484.6k $16.3m $16.3m 7.91% Added +146.4k +146,444
78 Mariner, LLC 0.02% of their portfolio Overland Park, KS 479,307479.3k $16.1m $16.1m 0.02% Added +16.0k +15,966
79 Symphony Financial, Ltd. Co. 2.11% of their portfolio HOUSTON, TX 475,943475.9k $15.9m $15.9m 2.11% Added +24.8k +24,786
80 Cornerstone Wealth Management, LLC 0.79% of their portfolio ST. PETERS, MO 469,532469.5k $15.7m $15.7m 0.79% Added +78.9k +78,948
81 Walker Financial Services, Inc. 5.36% of their portfolio BOWLING GREEN, KY 467,142467.1k $15.7m $15.7m 5.36% Added +32.8k +32,789
82 PARK AVENUE SECURITIES LLC 0.12% of their portfolio NEW YORK, NY 443,658443.7k $14.9m $14.9m 0.12% Added +31.9k +31,865
83 LEUTHOLD GROUP, LLC 1.50% of their portfolio MINNEAPOLIS, MN 420,225420.2k $14.1m $14.1m 1.50% Unchanged
84 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 419,654419.7k $14.1m $14.1m 0.02% Reduced -29.9k -29,935
85 Summit Financial, LLC 0.18% of their portfolio PARSIPPANY, NJ 412,344412.3k $13.8m $13.8m 0.18% Added +92.0k +92,021
86 Leicht Financial Planning & Wealth Management, Inc. 6.23% of their portfolio PARSIPPANY, NJ 409,225409.2k $13.7m $13.7m 6.23% Added +615 +615
87 Union Bancaire Privee, UBP SA 0.18% of their portfolio GENEVA 1, V8 396,052396.1k $13.2m $13.2m 0.18% Added +28.2k +28,216
88 INTEGRAL INVESTMENT ADVISORS, INC. 3.28% of their portfolio TURLOCK, CA 393,318393.3k $13.2m $13.2m 3.28% Added +19.4k +19,399
89 Three Arch Wealth Management LLC 2.36% of their portfolio IRVINE, CA 391,180391.2k $13.1m $13.1m 2.36% Added +29.6k +29,573
90 True Blue Financial, LLC 10.28% of their portfolio STEVENSVILLE, MI 388,697388.7k $13.0m $13.0m 10.28% Added +8.2k +8,162
91 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 387,212387.2k $13.0m $13.0m 0.03% Added +40.3k +40,305
92 PRINCIPAL SECURITIES, INC. 0.19% of their portfolio DES MOINES, IA 385,158385.2k $12.9m $12.9m 0.19% Reduced -9.4k -9,418
93 Spartan Wealth Advisory Services LLC 1.12% of their portfolio BINGHAM FARMS, MI 382,285382.3k $12.8m $12.8m 1.12% First filing
94 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 361,140361.1k $12.1m $12.1m 0.03% Reduced -20.6k -20,615
95 FOSTER & MOTLEY INC 0.62% of their portfolio CINCINNATI, OH 356,638356.6k $12.0m $12.0m 0.62% Added +83.5k +83,475
96 APPLETON PARTNERS INC/MA 0.80% of their portfolio BOSTON, MA 340,815340.8k $11.4m $11.4m 0.80% Added +35.1k +35,139
97 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 340,603340.6k $11.4m $11.4m 0.00% Added +152.5k +152,530
98 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 333,259333.3k $11.2m $11.2m 0.01% Added +22.3k +22,333
99 FLAGSHIP HARBOR ADVISORS, LLC 0.49% of their portfolio BOSTON, MA 330,474330.5k $11.1m $11.1m 0.49% Added +30.2k +30,160
100 Empowered Funds, LLC 0.07% of their portfolio NEWTOWN SQUARE, PA 327,666327.7k $10.9m $10.9m 0.07% Added +37.2k +37,158