Vault-13

SPDR SER TR SPMB

PORT MTG BK ETF · ETP · CUSIP 78464A383

210 institutional holders +15 vs Q4 2023
227,313,204227.3m shares reported held*
$5.0bnreported value*
40 new 87 added 57 reduced 25 sold out net bought ≈ $346.5m (+14.5m 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 ($17.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $21.86. Options: 1 managers hold calls ($629.9k notional), 2 hold puts ($1.5m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 155Q4 22: 163Q1 23: 167Q2 23: 178Q3 23: 173Q4 23: 195Q1 24: 210210Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022155
Q4 2022163
Q1 2023167
Q2 2023178
Q3 2023173
Q4 2023195
Q1 2024210

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 84 bought or addedQ4 22: 83 cut or sold outQ4 22Q1 23: 85 bought or addedQ1 23: 82 cut or sold outQ1 23Q2 23: 100 bought or addedQ2 23: 72 cut or sold outQ2 23Q3 23: 91 bought or addedQ3 23: 87 cut or sold outQ3 23Q4 23: 104 bought or addedQ4 23: 88 cut or sold outQ4 23Q1 24: 127 bought or addedQ1 24: 82 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20228483
Q1 20238582
Q2 202310072
Q3 20239187
Q4 202310488
Q1 202412782

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ2 23 calls: $0Q2 23 puts: $0Q2 23P/C —Q3 23 calls: $447.2kQ3 23 puts: $137.3kQ3 23P/C 0.31Q4 23 calls: $620.2kQ4 23 puts: $2.2kQ4 23P/C 0.00Q1 24 calls: $629.9kQ1 24 puts: $1.5mQ1 24P/C 2.40
Numbers
QuarterCallsPutsP/C
Q2 2023$0$0—
Q3 2023$447.2k$137.3k0.31
Q4 2023$620.2k$2.2k0.00
Q1 2024$629.9k$1.5m2.40

Biggest buyers

Financial Engines Advisors L.L.C. Added +6,703,952+6.7m
STIFEL FINANCIAL CORP Added +1,513,194+1.5m
Hirtle & Co., LLC New +1,504,247+1.5m
ASSETMARK, INC New +1,422,583+1.4m
MORGAN STANLEY Added +1,034,309+1.0m
BENJAMIN F. EDWARDS & COMPANY, INC. Added +900,311+900.3k
LPL Financial LLC Added +756,210+756.2k
TOWNSQUARE CAPITAL LLC Added +627,625+627.6k
BlackRock Inc. Added +567,729+567.7k
OSAIC HOLDINGS, INC. Added +565,209+565.2k

Biggest sellers

Hirtle & Co., LLC Sold out -1,422,612-1.4m
RETIREMENT CAPITAL STRATEGIES Reduced -466,781-466.8k
WELLS FARGO & COMPANY/MN Reduced -448,789-448.8k
True North Advisors, LLC Reduced -313,817-313.8k
Comprehensive Wealth Management, LLC Sold out -291,567-291.6k
WBI INVESTMENTS, LLC Sold out -153,884-153.9k
Meridian Wealth Management, LLC Sold out -141,311-141.3k
Allen Capital Group, LLC Sold out -133,425-133.4k
UNITED CAPITAL FINANCIAL ADVISORS, LLC Reduced -117,210-117.2k
Jaffetilchin Investment Partners, LLC Sold out -110,953-111.0k

Biggest calls

CITADEL ADVISORS LLC Added $629.9k29.0k shares

Biggest puts

CITADEL ADVISORS LLC Added $1.1m51.6k shares
WOLVERINE TRADING, LLC New $391.0k18.0k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Financial Engines Advisors L.L.C. 8.19% of their portfolio SANTA CLARA, CA 167,346,786167.3m $3.6bn $3.6bn 8.19% Added +6.7m +6,703,952
2 LPL Financial LLC 0.11% of their portfolio FORT MILL, SC 9,557,7739.6m $207.6m $207.6m 0.11% Added +756.2k +756,210
3 TOWNSQUARE CAPITAL LLC 1.71% of their portfolio Lehi, UT 5,367,7475.4m $116.6m $116.6m 1.71% Added +627.6k +627,625
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,169,4754.2m $90.6m $90.6m 0.00% Added +1.0m +1,034,309
5 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,114,1043.1m $67.6m $67.6m 0.00% Reduced -24.7k -24,741
6 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,046,2443.0m $66.2m $66.2m 0.00% Added +286.8k +286,774
7 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.75% of their portfolio ST. LOUIS, MO 2,581,0842.6m $56.1m $56.1m 0.75% Added +373.4k +373,448
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,973,7842.0m $42.9m $42.9m 0.00% Added +302.5k +302,535
9 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 1,826,5681.8m $39.7m $39.7m 0.05% Added +1.5m +1,513,194
10 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,806,9121.8m $39.3m $39.3m 0.01% Added +154.6k +154,552
11 CWM, LLC 0.16% of their portfolio OMAHA, NE 1,520,5291.5m $33.0m $33.0m 0.16% Added +132.8k +132,777
12 Hirtle & Co., LLC 1.39% of their portfolio WEST CONSHOHOCKEN, PA 1,504,2471.5m $32.7m $32.7m 1.39% New
13 Zurich Insurance Group Ltd/FI 0.29% of their portfolio ZURICH, V8 1,482,2951.5m $32.2m $32.2m 0.29% Unchanged
14 ASSETMARK, INC 0.10% of their portfolio CONCORD, CA 1,422,5831.4m $30.9m $30.9m 0.10% New
15 CX Institutional 1.44% of their portfolio AUBURN, IN 1,380,7991.4m $30.0m $30.0m 1.44% Added +169.4k +169,408
16 BlackRock Inc. 0.00% of their portfolio New York, NY 1,075,4571.1m $23.4m $23.4m 0.00% Added +567.7k +567,729
17 BENJAMIN F. EDWARDS & COMPANY, INC. 0.37% of their portfolio ST. LOUIS, MO 934,346934.3k $20.3m $20.3m 0.37% Added +900.3k +900,311
18 Private Advisor Group, LLC 0.14% of their portfolio MORRISTOWN, NJ 913,857913.9k $19.8m $19.8m 0.14% Reduced -2.8k -2,841
19 KWB Wealth 2.34% of their portfolio REDLANDS, CA 802,314802.3k $17.4m $17.4m 2.34% Added +58.8k +58,840
20 Leicht Financial Planning & Wealth Management, Inc. 8.64% of their portfolio PARSIPPANY, NJ 725,428725.4k $15.8m $15.8m 8.64% Added +50.0k +50,036
21 ST GERMAIN D J CO INC 0.73% of their portfolio SPRINGFIELD, MA 687,462687.5k $14.9m $14.9m 0.73% Reduced -88.9k -88,913
22 Clearwater Capital Advisors, LLC 1.52% of their portfolio HOFFMAN ESTATES, IL 654,872654.9k $14.2m $14.2m 1.52% Reduced -9.1k -9,077
23 FINANCIAL LIFE ADVISORS 5.83% of their portfolio SAN ANTONIO, TX 641,114641.1k $13.9m $13.9m 5.83% Added +58.5k +58,538
24 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 584,749584.7k $12.7m $12.7m 0.03% Added +565.2k +565,209
25 Equitable Holdings, Inc. 0.14% of their portfolio NEW YORK, NY 569,718569.7k $12.4m $12.4m 0.14% Added +77.2k +77,243
26 Mariner, LLC 0.02% of their portfolio Overland Park, KS 539,161539.2k $11.7m $11.7m 0.02% Reduced -43.2k -43,223
27 Carr Financial Group Corp 3.42% of their portfolio WORCESTER, MA 473,767473.8k $10.3m $10.3m 3.42% Reduced -10.9k -10,916
28 SIGNET FINANCIAL MANAGEMENT, LLC 1.36% of their portfolio PARSIPPANY, NJ 455,899455.9k $9.9m $9.9m 1.36% Added +83.2k +83,193
29 Prime Capital Investment Advisors, LLC 0.12% of their portfolio OVERLAND PARK, KS 410,341410.3k $8.9m $8.9m 0.12% Added +394.0k +394,016
30 Stokes Family Office, LLC 1.06% of their portfolio NEW ORLEANS, LA 388,942388.9k $8.4m $8.4m 1.06% Added +27.0k +26,997
31 FLAGSHIP HARBOR ADVISORS, LLC 0.53% of their portfolio BOSTON, MA 378,540378.5k $8.2m $8.2m 0.53% Added +57 +57
32 Gibbs Wealth Management 4.68% of their portfolio Alpharetta, GA 375,252375.3k $8.2m $8.2m 4.68% First filing
33 Forum Financial Management, LP 0.13% of their portfolio LOMBARD, IL 359,515359.5k $7.8m $7.8m 0.13% New
34 AE Wealth Management LLC 0.09% of their portfolio TOPEKA, KS 358,987359.0k $7.8m $7.8m 0.09% Reduced -37.9k -37,936
35 Astoria Portfolio Advisors LLC. 2.90% of their portfolio NEW YORK, NY 355,674355.7k $7.5m $7.5m 2.90% Added +31.6k +31,643
36 Checchi Capital Advisers, LLC 0.57% of their portfolio BEVERLY HILLS, CA 335,741335.7k $7.3m $7.3m 0.57% Added +3.8k +3,774
37 Certified Advisory Corp 0.93% of their portfolio ALTAMONTE SPRINGS, FL 308,508308.5k $6.7m $6.7m 0.93% Added +25.1k +25,068
38 Stratos Wealth Partners, LTD. 0.11% of their portfolio BEACHWOOD, OH 305,078305.1k $6.6m $6.6m 0.11% Added +294.9k +294,898
39 Kingsview Wealth Management, LLC 0.15% of their portfolio GRANTS PASS, OR 281,521281.5k $6.1m $6.1m 0.15% Added +218 +218
40 MGO ONE SEVEN LLC 0.31% of their portfolio Beachwood, OH 274,211274.2k $6.0m $6.0m 0.31% New
41 Chesapeake Wealth Management 2.15% of their portfolio WILLIAMSBURG, VA 271,819271.8k $5.9m $5.9m 2.15% Added +5.7k +5,740
42 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 0.42% of their portfolio NEW YORK, NY 259,972260.0k $5.6m $5.6m 0.42% Added +3.7k +3,740
43 Allworth Financial LP 0.04% of their portfolio FOLSOM, CA 258,079258.1k $5.6m $5.6m 0.04% Reduced -8.9k -8,925
44 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 243,126243.1k $5.3m $5.3m 0.01% Added +38.4k +38,433
45 Mutual Advisors, LLC 0.17% of their portfolio OMAHA, NE 239,251239.3k $5.2m $5.2m 0.17% Added +8.2k +8,214
46 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 233,214233.2k $5.1m $5.1m 0.00% Reduced -19.7k -19,706
47 Portside Wealth Group, LLC 0.83% of their portfolio Provo, UT 206,344206.3k $4.5m $4.5m 0.83% Added +7.9k +7,944
48 Tidemark, LLC 2.43% of their portfolio SAN DIEGO, CA 200,749200.7k $4.4m $4.4m 2.43% Added +54.6k +54,649
49 U.S. Capital Wealth Advisors, LLC 0.16% of their portfolio AUSTIN, TX 194,077194.1k $4.2m $4.2m 0.16% Added +46.3k +46,275
50 TSFG, LLC 1.05% of their portfolio LAKE FOREST, IL 192,053192.1k $4.2m $4.2m 1.05% Added +184.1k +184,137
51 CARY STREET PARTNERS ASSET MANAGEMENT LLC 0.64% of their portfolio RICHMOND, VA 189,969190.0k $4.1m $4.1m 0.64% Added +7.9k +7,907
52 Detalus Advisors, LLC 1.45% of their portfolio ST. LOUIS, MO 187,297187.3k $4.1m $4.1m 1.45% Added +66.6k +66,631
53 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 183,039183.0k $4.0m $4.0m 0.00% Added +92.1k +92,127
54 Capital Investment Counsel, LLC 0.75% of their portfolio DENVER, CO 160,102160.1k $3.5m $3.5m 0.75% Added +80.7k +80,700
55 Redwood Financial Network Corp 3.03% of their portfolio SOLON, OH 160,074160.1k $3.5m $3.5m 3.03% Reduced -12.3k -12,318
56 BENJAMIN EDWARDS INC 0.66% of their portfolio Clayton, MO 152,804152.8k $3.3m $3.3m 0.66% Added +150.2k +150,158
57 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.03% of their portfolio IRVING, TX 150,671150.7k $3.3m $3.3m 0.03% Reduced -117.2k -117,210
58 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 148,396148.4k $3.2m $3.2m 0.02% Added +98.4k +98,400
59 Western Wealth Management, LLC 0.24% of their portfolio GOLDEN, CO 143,217143.2k $3.1m $3.1m 0.24% Added +12.0k +12,039
60 RETIREMENT CAPITAL STRATEGIES 1.26% of their portfolio SAN JOSE, CA 141,939141.9k $3.1m $3.1m 1.26% Reduced -466.8k -466,781
61 EASTERN BANK 0.13% of their portfolio BOSTON, MA 139,528139.5k $3.0m $3.0m 0.13% Unchanged
62 Sharkey, Howes & Javer 0.49% of their portfolio DENVER, CO 136,498136.5k $3.0m $3.0m 0.49% Added +32.6k +32,621
63 Dynamic Advisor Solutions LLC 0.10% of their portfolio PHOENIX, AZ 131,702131.7k $2.9m $2.9m 0.10% Added +589 +589
64 Keystone Financial Group 0.37% of their portfolio LEXINGTON, KY 118,137118.1k $2.6m $2.6m 0.37% Added +17.4k +17,382
65 Seed Wealth Management, Inc. 2.37% of their portfolio EVANSTON, IL 115,120115.1k $2.5m $2.5m 2.37% Added +24.2k +24,190
66 OLD MISSION CAPITAL LLC 0.06% of their portfolio CHICAGO, IL 114,982115.0k $2.5m $2.5m 0.06% New
67 Integrated Wealth Concepts LLC 0.03% of their portfolio WALTHAM, MA 111,162111.2k $2.4m $2.4m 0.03% Reduced -44.6k -44,579
68 Collaborative Wealth Managment Inc. 1.18% of their portfolio LAKE MARY, FL 108,544108.5k $2.4m $2.4m 1.18% Added +20.5k +20,493
69 Willow Creek Wealth Management Inc. 0.27% of their portfolio Sebastopol, CA 107,994108.0k $2.3m $2.3m 0.27% Unchanged
70 GUIDANCE CAPITAL, INC 0.78% of their portfolio LOUSVILLE, KY 100,993101.0k $2.1m $2.1m 0.78% Reduced -38.9k -38,913
71 Vermillion & White Wealth Management Group, LLC 1.69% of their portfolio PHOENIXVILLE, PA 97,26897.3k $2.1m $2.1m 1.69% New
72 GPS Wealth Strategies Group, LLC 0.34% of their portfolio CENTENNIAL, CO 96,02296.0k $2.1m $2.1m 0.34% Reduced -290 -290
73 Alesco Advisors, LLC, An ESL Co 0.06% of their portfolio Pittsford, NY 90,00590.0k $2.0m $2.0m 0.06% Unchanged
74 Vertex Planning Partners, LLC 0.54% of their portfolio DOWNERS GROVE, IL 89,40089.4k $1.9m $1.9m 0.54% Reduced -931 -931
75 Boltwood Capital Management 0.58% of their portfolio WALNUT CREEK, CA 85,72585.7k $1.9m $1.9m 0.58% Unchanged
76 Arden Trust Co 0.25% of their portfolio WILMINGTON, DE 83,78183.8k $1.8m $1.8m 0.25% Reduced -27.4k -27,450
77 Derbend Asset Management 0.89% of their portfolio Peachtree City, GA 82,98683.0k $1.8m $1.8m 0.89% Added +21.1k +21,137
78 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 76,79176.8k $1.7m $1.7m 0.00% Reduced -4.8k -4,804
79 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 75,52175.5k $1.6m $1.6m 0.00% Added +29.5k +29,519
80 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 73,62773.6k $1.6m $1.6m 0.00% Added +9.5k +9,508
81 Merit Financial Group, LLC 0.04% of their portfolio ALPHARETTA, GA 73,59473.6k $1.6m $1.6m 0.04% Reduced -11.7k -11,657
82 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 70,10870.1k $1.5m $1.5m 0.00% New
83 Diversify Advisory Services, LLC 0.09% of their portfolio SANDY, UT 69,58869.6k $1.5m $1.5m 0.09% First filing
84 Northwest Capital Management Inc 0.45% of their portfolio Lake Oswego, OR 64,52364.5k $1.4m $1.4m 0.45% Added +8 +8
85 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 63,24963.2k $1.4m $1.4m 0.00% Reduced -448.8k -448,789
86 Exchange Capital Management, Inc. 0.22% of their portfolio Ann Arbor, MI 62,74762.7k $1.4m $1.4m 0.22% Reduced -165 -165
87 OmniStar Financial Group, Inc. 1.17% of their portfolio Wilmington, NC 58,99459.0k $1.3m $1.3m 1.17% New
88 Centennial Wealth Advisory LLC 0.59% of their portfolio Traverse City, MI 58,41558.4k $1.3m $1.3m 0.59% Added +13.2k +13,199
89 Bell Investment Advisors, Inc 0.23% of their portfolio ORINDA, CA 53,85453.9k $1.2m $1.2m 0.23% Reduced -2.1k -2,091
90 NORDEN GROUP LLC 0.24% of their portfolio PROVO, UT 53,40453.4k $1.2m $1.2m 0.24% New
91 Concord Wealth Partners 0.21% of their portfolio ABINGDON, VA 53,06453.1k $1.2m $1.2m 0.21% Reduced -19.2k -19,181
92 Financial Network Wealth Advisors LLC 1.14% of their portfolio MURRAY, UT 52,71152.7k $1.1m $1.1m 1.14% Added +106 +106
93 Trilogy Capital Inc. 0.06% of their portfolio IRVINE, CA 51,31051.3k $1.1m $1.1m 0.06% Reduced -3.5k -3,472
94 Strategic Blueprint, LLC 0.08% of their portfolio ATLANTA, GA 50,96551.0k $1.1m $1.1m 0.08% Added +492 +492
95 Valmark Advisers, Inc. 0.02% of their portfolio AKRON, OH 50,29950.3k $1.1m $1.1m 0.02% Added +2.8k +2,776
96 FirstPurpose Wealth LLC 0.36% of their portfolio OREM, UT 46,78546.8k $990.4k $990.4k 0.36% Reduced -814 -814
97 Alliance Wealth Advisors, LLC /UT 0.30% of their portfolio Centerville, UT 46,53646.5k $1.0m $1.0m 0.30% Added +2.6k +2,567
98 JPL Wealth Management, LLC 0.55% of their portfolio GREENWOOD VILLAGE, CO 45,58445.6k $990.1k $990.1k 0.55% Reduced -5.5k -5,473
99 SageView Advisory Group, LLC 0.07% of their portfolio Newport Beach, CA 45,07145.1k $1.4m $1.4m 0.07% New
100 Fort Point Capital Partners LLC 0.13% of their portfolio San Francisco, CA 44,58044.6k $968.3k $968.3k 0.13% Reduced -6.1k -6,085