Vault-13

SPDR SER TR SPMB

PORT MTG BK ETF · ETP · CUSIP 78464A383

225 institutional holders -3 vs Q4 2024
266,014,799266.0m shares reported held*
$5.9bnreported value*
25 new 85 added 86 reduced 27 sold out net bought ≈ $165.5m (+7.7m 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 ($16.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.14. Options: 1 managers hold calls ($785.0k notional), 2 hold puts ($78.1k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 155Q4 22: 163Q1 23: 167Q2 23: 178Q3 23: 173Q4 23: 195Q1 24: 210Q2 24: 210Q3 24: 212Q4 24: 228Q1 25: 225225Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022155
Q4 2022163
Q1 2023167
Q2 2023178
Q3 2023173
Q4 2023195
Q1 2024210
Q2 2024210
Q3 2024212
Q4 2024228
Q1 2025225

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 100 bought or addedQ2 23: 72 cut or sold outQ3 23: 91 bought or addedQ3 23: 87 cut or sold outQ3 23Q4 23: 104 bought or addedQ4 23: 88 cut or sold outQ1 24: 127 bought or addedQ1 24: 82 cut or sold outQ1 24Q2 24: 96 bought or addedQ2 24: 103 cut or sold outQ3 24: 116 bought or addedQ3 24: 93 cut or sold outQ3 24Q4 24: 127 bought or addedQ4 24: 75 cut or sold outQ1 25: 110 bought or addedQ1 25: 113 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 202310072
Q3 20239187
Q4 202310488
Q1 202412782
Q2 202496103
Q3 202411693
Q4 202412775
Q1 2025110113

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ2 24 calls: $0Q2 24 puts: $265.3kQ2 24P/C —Q3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $118.5kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $785.0kQ1 25 puts: $78.1kQ1 25P/C 0.10
Numbers
QuarterCallsPutsP/C
Q2 2024$0$265.3k—
Q3 2024$0$0—
Q4 2024$118.5k$00.00
Q1 2025$785.0k$78.1k0.10

Biggest buyers

LPL Financial LLC Added +2,152,458+2.2m
Advisory Alpha, LLC New +1,978,820+2.0m
Compton Financial Group, LLC New +1,621,007+1.6m
Financial Engines Advisors L.L.C. Added +864,292+864.3k
STIFEL FINANCIAL CORP Added +651,668+651.7k
BENJAMIN EDWARDS INC Added +629,073+629.1k
Prime Capital Investment Advisors, LLC Added +544,673+544.7k
Collier Financial New +523,004+523.0k
Kestra Investment Management, LLC Added +357,070+357.1k
CONFLUENCE INVESTMENT MANAGEMENT LLC Added +234,676+234.7k

Biggest sellers

Independent Advisor Alliance Reduced -1,109,029-1.1m
OSAIC HOLDINGS, INC. Reduced -477,784-477.8k
STATE STREET CORP Reduced -405,580-405.6k
KWB Wealth Reduced -308,088-308.1k
CITADEL ADVISORS LLC Sold out -269,225-269.2k
JPMORGAN CHASE & CO Reduced -151,979-152.0k
MGO ONE SEVEN LLC Reduced -147,698-147.7k
CX Institutional Reduced -143,715-143.7k
Sanctuary Advisors, LLC Reduced -142,685-142.7k
Equitable Holdings, Inc. Reduced -74,743-74.7k

Biggest calls

CITADEL ADVISORS LLC Added $785.0k35.6k shares

Biggest puts

CITADEL ADVISORS LLC New $72.8k3.3k shares
Quaker Wealth Management, LLC First filing $5.4k243 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Financial Engines Advisors L.L.C. 8.69% of their portfolio SANTA CLARA, CA 183,658,709183.7m $4.0bn $4.0bn 8.69% Added +864.3k +864,292
2 LPL Financial LLC 0.13% of their portfolio FORT MILL, SC 15,416,90515.4m $339.9m $339.9m 0.13% Added +2.2m +2,152,458
3 STIFEL FINANCIAL CORP 0.14% of their portfolio ST. LOUIS, MO 6,160,7636.2m $135.8m $135.8m 0.14% Added +651.7k +651,668
4 TOWNSQUARE CAPITAL LLC 1.32% of their portfolio Lehi, UT 5,641,4155.6m $124.4m $124.4m 1.32% Added +128.9k +128,886
5 BENJAMIN EDWARDS INC 1.54% of their portfolio Clayton, MO 4,997,0105.0m $110.2m $110.2m 1.54% Added +629.1k +629,073
6 CONFLUENCE INVESTMENT MANAGEMENT LLC 1.32% of their portfolio ST. LOUIS, MO 4,161,5234.2m $91.8m $91.8m 1.32% Added +234.7k +234,676
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 4,014,1554.0m $88.5m $88.5m 0.00% Reduced -405.6k -405,580
8 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 2,654,2352.7m $58.5m $58.5m 0.02% Added +227.2k +227,244
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,171,5302.2m $47.9m $47.9m 0.00% Added +17.9k +17,875
10 Advisory Alpha, LLC 1.48% of their portfolio HOLLAND, MI 1,978,8202.0m $43.6m $43.6m 1.48% New
11 CX Institutional 1.52% of their portfolio AUBURN, IN 1,822,4711.8m $40.2m $40.2m 1.52% Reduced -143.7k -143,715
12 CWM, LLC 0.15% of their portfolio OMAHA, NE 1,710,2321.7m $37.7m $37.7m 0.15% Added +27.2k +27,159
13 Compton Financial Group, LLC 10.29% of their portfolio TOWSON, MD 1,621,0071.6m $35.7m $35.7m 10.29% New
14 ASSETMARK, INC 0.09% of their portfolio CONCORD, CA 1,516,2331.5m $33.4m $33.4m 0.09% Added +64.5k +64,477
15 Zurich Insurance Group Ltd/FI 0.26% of their portfolio ZURICH, V8 1,482,2951.5m $32.7m $32.7m 0.26% Unchanged
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,432,9721.4m $31.6m $31.6m 0.00% Reduced -30.3k -30,308
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,247,8561.2m $27.5m $27.5m 0.00% Reduced -152.0k -151,979
18 Hirtle & Co., LLC 1.05% of their portfolio WEST CONSHOHOCKEN, PA 1,223,8511.2m $27.0m $27.0m 1.05% Reduced -67.6k -67,579
19 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,196,4151.2m $26.4m $26.4m 0.01% Reduced -9.4k -9,426
20 Sanctuary Advisors, LLC 0.14% of their portfolio INDIANAPOLIS, IN 911,249911.2k $20.1m $20.1m 0.14% Reduced -142.7k -142,685
21 Leicht Financial Planning & Wealth Management, Inc. 9.08% of their portfolio PARSIPPANY, NJ 787,344787.3k $17.4m $17.4m 9.08% Added +40.2k +40,180
22 ALTFEST L J & CO INC 2.18% of their portfolio NEW YORK, NY 786,676786.7k $17.3m $17.3m 2.18% Added +40.2k +40,202
23 FINANCIAL LIFE ADVISORS 6.44% of their portfolio SAN ANTONIO, TX 783,551783.6k $17.3m $17.3m 6.44% Added +40.4k +40,394
24 Private Advisor Group, LLC 0.10% of their portfolio MORRISTOWN, NJ 735,465735.5k $16.2m $16.2m 0.10% Added +33.3k +33,275
25 ST GERMAIN D J CO INC 0.65% of their portfolio SPRINGFIELD, MA 631,802631.8k $13.9m $13.9m 0.65% Reduced -5.3k -5,269
26 BlackRock, Inc. 0.00% of their portfolio New York, NY 605,551605.6k $13.4m $13.4m 0.00% Reduced -67.9k -67,934
27 Clearwater Capital Advisors, LLC 1.28% of their portfolio HOFFMAN ESTATES, IL 600,519600.5k $13.2m $13.2m 1.28% Reduced -17.9k -17,942
28 Prime Capital Investment Advisors, LLC 0.15% of their portfolio OVERLAND PARK, KS 593,025593.0k $13.1m $13.1m 0.15% Added +544.7k +544,673
29 SIGNET FINANCIAL MANAGEMENT, LLC 1.65% of their portfolio PARSIPPANY, NJ 553,451553.5k $12.2m $12.2m 1.65% Added +20.1k +20,123
30 Gibbs Wealth Management 2.87% of their portfolio Alpharetta, GA 539,655539.7k $11.9m $11.9m 2.87% Added +53.5k +53,549
31 Stokes Family Office, LLC 1.31% of their portfolio NEW ORLEANS, LA 529,072529.1k $11.7m $11.7m 1.31% Added +63.3k +63,303
32 Collier Financial 9.80% of their portfolio DENVER, CO 523,004523.0k $11.5m $11.5m 9.80% New
33 Kestra Investment Management, LLC 0.15% of their portfolio AUSTIN, TX 508,460508.5k $8.9m $8.9m 0.15% Added +357.1k +357,070
34 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 472,969473.0k $10.4m $10.4m 0.02% Reduced -10.4k -10,441
35 Mariner, LLC 0.02% of their portfolio Overland Park, KS 446,177446.2k $9.8m $9.8m 0.02% Reduced -65.0k -65,028
36 FLAGSHIP HARBOR ADVISORS, LLC 0.48% of their portfolio BOSTON, MA 413,287413.3k $9.1m $9.1m 0.48% Added +30.2k +30,197
37 Tidemark, LLC 3.30% of their portfolio SAN DIEGO, CA 408,444408.4k $9.0m $9.0m 3.30% Reduced -46.7k -46,691
38 Equitable Holdings, Inc. 0.08% of their portfolio NEW YORK, NY 374,887374.9k $8.3m $8.3m 0.08% Reduced -74.7k -74,743
39 Kingsview Wealth Management, LLC 0.15% of their portfolio GRANTS PASS, OR 363,772363.8k $8.0m $8.0m 0.15% Added +2.3k +2,313
40 Leslie Global Wealth, LLC 3.86% of their portfolio Itasca, IL 359,214359.2k $7.9m $7.9m 3.86% Reduced -5.4k -5,425
41 Stratos Wealth Partners, LTD. 0.12% of their portfolio BEACHWOOD, OH 355,644355.6k $7.8m $7.8m 0.12% Added +7.6k +7,619
42 Certified Advisory Corp 0.88% of their portfolio ALTAMONTE SPRINGS, FL 354,082354.1k $7.8m $7.8m 0.88% Added +9.5k +9,462
43 Collaborative Wealth Managment Inc. 3.40% of their portfolio LAKE MARY, FL 329,862329.9k $7.3m $7.3m 3.40% Added +4.0k +4,014
44 Checchi Capital Advisers, LLC 0.50% of their portfolio BEVERLY HILLS, CA 320,409320.4k $7.1m $7.1m 0.50% Reduced -317 -317
45 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 310,073310.1k $6.8m $6.8m 0.00% Added +16.3k +16,311
46 Chesapeake Wealth Management 2.20% of their portfolio WILLIAMSBURG, VA 279,607279.6k $6.2m $6.2m 2.20% Added +8.2k +8,168
47 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 274,971275.0k $6.1m $6.1m 0.01% Reduced -34.9k -34,919
48 KWB Wealth 0.70% of their portfolio REDLANDS, CA 269,723269.7k $5.8m $5.8m 0.70% Reduced -308.1k -308,088
49 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 0.41% of their portfolio NEW YORK, NY 257,085257.1k $5.7m $5.7m 0.41% Reduced -12.2k -12,229
50 ABOUND FINANCIAL, LLC 2.71% of their portfolio GRANITE BAY, CA 242,923242.9k $5.4m $5.4m 2.71% Reduced -7.2k -7,209
51 U.S. Capital Wealth Advisors, LLC 0.16% of their portfolio AUSTIN, TX 237,868237.9k $5.2m $5.2m 0.16% Added +25.0k +25,017
52 Midwest Capital Advisors, LLC 3.18% of their portfolio Grand Rapids, MI 234,864234.9k $5.2m $5.2m 3.18% Reduced -34.7k -34,656
53 Portside Wealth Group, LLC 0.79% of their portfolio Provo, UT 218,945218.9k $4.8m $4.8m 0.79% Added +8.9k +8,945
54 Detalus Advisors, LLC 1.48% of their portfolio ST. LOUIS, MO 213,639213.6k $4.7m $4.7m 1.48% Added +4.1k +4,085
55 HORIZON FINANCIAL SERVICES, LLC 2.56% of their portfolio WINSTON SALEM, NC 208,006208.0k $4.6m $4.6m 2.56% New
56 Mutual Advisors, LLC 0.13% of their portfolio OMAHA, NE 201,663201.7k $4.4m $4.4m 0.13% Reduced -15.1k -15,081
57 TSFG, LLC 0.89% of their portfolio LAKE FOREST, IL 197,840197.8k $4.4m $4.4m 0.89% Reduced -38.0k -37,989
58 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 194,725194.7k $4.3m $4.3m 0.02% Added +2.0k +2,005
59 Good Life Advisors, LLC 0.29% of their portfolio READING, PA 189,512189.5k $4.2m $4.2m 0.29% Added +47.3k +47,270
60 SFG Wealth Management, LLC. 2.00% of their portfolio TOWSON, MD 185,706185.7k $4.1m $4.1m 2.00% New
61 HOWARD BAILEY SECURITIES, LLC 1.27% of their portfolio FORT WAYNE, IN 172,720172.7k $3.8m $3.8m 1.27% Added +54.0k +54,024
62 Waverly Advisors, LLC 0.04% of their portfolio BIRMINGHAM, AL 160,295160.3k $3.5m $3.5m 0.04% Added +15.6k +15,608
63 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 153,682153.7k $3.4m $3.4m 0.00% Reduced -18.4k -18,430
64 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 152,307152.3k $3.4m $3.4m 0.04% Added +34.4k +34,448
65 Sharkey, Howes & Javer 0.47% of their portfolio DENVER, CO 148,273148.3k $3.3m $3.3m 0.47% Reduced -37.1k -37,064
66 RITHOLTZ WEALTH MANAGEMENT 0.09% of their portfolio NEW YORK, NY 143,353143.4k $3.2m $3.2m 0.09% New
67 Seed Wealth Management, Inc. 2.57% of their portfolio EVANSTON, IL 143,190143.2k $3.2m $3.2m 2.57% Added +470 +470
68 Spectrum Planning & Advisory Services Inc. 2.59% of their portfolio SAN DIEGO, CA 141,047141.0k $3.1m $3.1m 2.59% New
69 Atria Investments, Inc 0.04% of their portfolio Charlotte, NC 139,427139.4k $3.1m $3.1m 0.04% Added +51.5k +51,522
70 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 138,110138.1k $3.0m $3.0m 0.00% Added +1.6k +1,600
71 Visionary Wealth Advisors 0.18% of their portfolio O'FALLON, IL 138,006138.0k $3.0m $3.0m 0.18% Added +18.6k +18,610
72 EASTERN BANK 0.06% of their portfolio BOSTON, MA 136,983137.0k $3.0m $3.0m 0.06% Unchanged
73 Western Wealth Management, LLC 0.20% of their portfolio GOLDEN, CO 136,583136.6k $3.0m $3.0m 0.20% Added +14.6k +14,633
74 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 132,175132.2k $2.9m $2.9m 0.00% Reduced -35.2k -35,199
75 West Wealth Group, LLC 0.86% of their portfolio Irvine, CA 132,032132.0k $2.9m $2.9m 0.86% Reduced -30.6k -30,627
76 Keystone Financial Group 0.29% of their portfolio LEXINGTON, KY 130,647130.6k $2.9m $2.9m 0.29% Added +2.5k +2,545
77 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 123,884123.9k $2.7m $2.7m 0.01% Reduced -477.8k -477,784
78 Dynamic Advisor Solutions LLC 0.09% of their portfolio PHOENIX, AZ 119,896119.9k $2.6m $2.6m 0.09% Added +5.6k +5,621
79 EHRLICH FINANCIAL GROUP 1.90% of their portfolio LAGUNA NIGUEL, CA 118,482118.5k $2.6m $2.6m 1.90% Reduced -2.0k -2,006
80 Idaho Trust Co 1.06% of their portfolio BOISE, ID 118,258118.3k $2.6m $2.6m 1.06% New
81 Vertex Planning Partners, LLC 0.57% of their portfolio DOWNERS GROVE, IL 118,054118.1k $2.6m $2.6m 0.57% Reduced -22.3k -22,281
82 Redwood Financial Network Corp 1.97% of their portfolio SOLON, OH 117,236117.2k $2.6m $2.6m 1.97% Reduced -6.4k -6,376
83 Farther Finance Advisors, LLC 0.06% of their portfolio SAN FRANCISCO, CA 109,475109.5k $2.4m $2.4m 0.06% Added +107.0k +107,031
84 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 105,459105.5k $2.3m $2.3m 0.00% Reduced -1.8k -1,835
85 Synergy Investment Management, LLC 0.96% of their portfolio ALTAMONTE SPRINGS, FL 104,423104.4k $2.3m $2.3m 0.96% Reduced -13.3k -13,259
86 SWMG, LLC 0.89% of their portfolio FORT WORTH, TX 102,818102.8k $2.3m $2.3m 0.89% Added +53.8k +53,756
87 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 100,157100.2k $2.2m $2.2m 0.00% Added +2.0k +1,989
88 Valmark Advisers, Inc. 0.03% of their portfolio AKRON, OH 99,978100.0k $2.2m $2.2m 0.03% Reduced -6.1k -6,110
89 Advisor Resource Council 0.18% of their portfolio DALLAS, TX 99,40499.4k $2.2m $2.2m 0.18% New
90 Gladstone Institutional Advisory LLC 0.10% of their portfolio Bedminster, NJ 99,21899.2k $2.2m $2.2m 0.10% Added +18.7k +18,733
91 Boltwood Capital Management 0.65% of their portfolio WALNUT CREEK, CA 96,58396.6k $2.1m $2.1m 0.65% Reduced -2.0k -2,005
92 Alesco Advisors, LLC, An ESL Co 0.06% of their portfolio Pittsford, NY 93,85093.8k $2.1m $2.1m 0.06% Unchanged
93 Willow Creek Wealth Management Inc. 0.20% of their portfolio Sebastopol, CA 92,28592.3k $2.0m $2.0m 0.20% Reduced -46 -46
94 MGO ONE SEVEN LLC 0.08% of their portfolio Beachwood, OH 90,89590.9k $2.0m $2.0m 0.08% Reduced -147.7k -147,698
95 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.02% of their portfolio IRVING, TX 89,94889.9k $2.0m $2.0m 0.02% Reduced -27.5k -27,519
96 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 0.10% of their portfolio ROCHESTER, NY 80,52080.5k $1.8m $1.8m 0.10% Reduced -10.8k -10,790
97 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 77,48277.5k $1.7m $1.7m 0.00% Reduced -8.8k -8,834
98 Diversify Advisory Services, LLC 0.10% of their portfolio SANDY, UT 75,45675.5k $1.7m $1.7m 0.10% Added +3.6k +3,646
99 Strategic Blueprint, LLC 0.08% of their portfolio ATLANTA, GA 68,32168.3k $1.5m $1.5m 0.08% Added +12.4k +12,398
100 Merit Financial Group, LLC 0.02% of their portfolio ALPHARETTA, GA 60,13360.1k $1.3m $1.3m 0.02% Reduced -16.8k -16,839