Vault-13

SPDR SER TR SPMB

PORT MTG BK ETF · ETP · CUSIP 78464A383

250 institutional holders +22 vs Q3 2025
277,619,722277.6m shares reported held*
$6.3bnreported value*
29 new 100 added 78 reduced 11 sold out net bought ≈ $97.3m (+4.3m 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 ($6.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.53.

Trends to Q4 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: 225Q2 25: 228Q3 25: 228Q4 25: 250250Q3 22Q2 23Q1 24Q4 24Q4 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
Q2 2025228
Q3 2025228
Q4 2025250

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 127 bought or addedQ1 24: 82 cut or sold outQ2 24: 96 bought or addedQ2 24: 103 cut or sold outQ2 24Q3 24: 116 bought or addedQ3 24: 93 cut or sold outQ4 24: 127 bought or addedQ4 24: 75 cut or sold outQ4 24Q1 25: 110 bought or addedQ1 25: 113 cut or sold outQ2 25: 117 bought or addedQ2 25: 98 cut or sold outQ2 25Q3 25: 126 bought or addedQ3 25: 89 cut or sold outQ4 25: 129 bought or addedQ4 25: 89 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202412782
Q2 202496103
Q3 202411693
Q4 202412775
Q1 2025110113
Q2 202511798
Q3 202512689
Q4 202512989

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ1 25 calls: $785.0kQ1 25 puts: $78.1kQ1 25P/C 0.10Q2 25 calls: $327.1kQ2 25 puts: $497.2kQ2 25P/C 1.52Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —
Numbers
QuarterCallsPutsP/C
Q1 2025$785.0k$78.1k0.10
Q2 2025$327.1k$497.2k1.52
Q3 2025$0$0—
Q4 2025$0$0—

Biggest buyers

Financial Engines Advisors L.L.C. Added +2,759,654+2.8m
STATE STREET CORP Added +2,064,451+2.1m
LPL Financial LLC Added +1,974,582+2.0m
STIFEL FINANCIAL CORP Added +523,944+523.9k
Stratos Wealth Partners, LTD. Added +374,141+374.1k
AMERIPRISE FINANCIAL INC Added +369,735+369.7k
BENJAMIN EDWARDS INC Added +340,043+340.0k
RETIREMENT CAPITAL STRATEGIES Added +233,088+233.1k
Compton Financial Group, LLC Added +180,478+180.5k
MORGAN STANLEY Added +168,114+168.1k

Biggest sellers

Strategic Financial Concepts, LLC Sold out -1,917,761-1.9m
JPMORGAN CHASE & CO Reduced -1,253,861-1.3m
Sanctuary Advisors, LLC Reduced -898,070-898.1k
BlackRock, Inc. Sold out -546,515-546.5k
CITADEL ADVISORS LLC Sold out -361,727-361.7k
Kingsview Wealth Management, LLC Reduced -242,325-242.3k
Clearwater Capital Advisors, LLC Reduced -237,908-237.9k
RFG Advisory, LLC Reduced -175,831-175.8k
HOWARD BAILEY SECURITIES, LLC Reduced -160,472-160.5k
BANK OF AMERICA CORP /DE/ Reduced -138,451-138.5k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Financial Engines Advisors L.L.C. 8.02% of their portfolio SANTA CLARA, CA 188,762,736188.8m $4.2bn $4.2bn 8.02% Added +2.8m +2,759,654
2 LPL Financial LLC 0.12% of their portfolio FORT MILL, SC 20,238,97020.2m $453.7m $453.7m 0.12% Added +2.0m +1,974,582
3 STIFEL FINANCIAL CORP 0.15% of their portfolio ST. LOUIS, MO 7,602,9327.6m $170.4m $170.4m 0.15% Added +523.9k +523,944
4 BENJAMIN EDWARDS INC 1.52% of their portfolio Clayton, MO 6,119,1806.1m $137.2m $137.2m 1.52% Added +340.0k +340,043
5 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 5,020,1825.0m $112.5m $112.5m 0.00% Added +2.1m +2,064,451
6 CONFLUENCE INVESTMENT MANAGEMENT LLC 1.43% of their portfolio ST. LOUIS, MO 4,260,0184.3m $95.5m $95.5m 1.43% Added +37.8k +37,799
7 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 3,409,8703.4m $76.4m $76.4m 0.02% Added +369.7k +369,735
8 CX Institutional 1.77% of their portfolio AUBURN, IN 2,650,7422.7m $59.4m $59.4m 1.77% Reduced -12.5k -12,455
9 CWM, LLC 0.14% of their portfolio OMAHA, NE 2,335,8642.3m $52.4m $52.4m 0.14% Added +108.0k +108,020
10 Advisory Alpha, LLC 1.38% of their portfolio HOLLAND, MI 2,256,5362.3m $50.6m $50.6m 1.38% Added +60.0k +60,015
11 Compton Financial Group, LLC 10.65% of their portfolio TOWSON, MD 2,098,2392.1m $47.0m $47.0m 10.65% Added +180.5k +180,478
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,047,6872.0m $45.9m $45.9m 0.00% Reduced -138.5k -138,451
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,790,6601.8m $40.1m $40.1m 0.00% Added +168.1k +168,114
14 ASSETMARK, INC 0.08% of their portfolio CONCORD, CA 1,741,9821.7m $39.0m $39.0m 0.08% Added +83.0k +83,017
15 Zurich Insurance Group Ltd/FI 0.23% of their portfolio ZURICH, V8 1,482,2951.5m $33.2m $33.2m 0.23% Unchanged
16 Hirtle & Co., LLC 1.06% of their portfolio WEST CONSHOHOCKEN, PA 1,388,6521.4m $31.1m $31.1m 1.06% Added +87.0k +86,987
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,152,8951.2m $25.8m $25.8m 0.00% Reduced -1.3m -1,253,861
18 Financial Plan, Inc. 2.67% of their portfolio BELLINGHAM, WA 1,037,8601.0m $23.3m $23.3m 2.67% First filing
19 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 1,031,5671.0m $23.1m $23.1m 0.04% Added +26.1k +26,099
20 Sanctuary Advisors, LLC 0.12% of their portfolio INDIANAPOLIS, IN 975,248975.2k $21.9m $21.9m 0.12% Reduced -898.1k -898,070
21 FINANCIAL LIFE ADVISORS 6.59% of their portfolio SAN ANTONIO, TX 953,162953.2k $21.4m $21.4m 6.59% Added +74.5k +74,504
22 Leicht Financial Planning & Wealth Management, Inc. 9.19% of their portfolio PARSIPPANY, NJ 916,454916.5k $20.5m $20.5m 9.19% Added +64.2k +64,163
23 ALTFEST L J & CO INC 2.09% of their portfolio NEW YORK, NY 852,979853.0k $19.1m $19.1m 2.09% Added +21.3k +21,274
24 Stratos Wealth Partners, LTD. 0.19% of their portfolio BEACHWOOD, OH 766,042766.0k $17.2m $17.2m 0.19% Added +374.1k +374,141
25 93 Financial Group, LLC 7.38% of their portfolio WOBURN, MA 756,474756.5k $17.0m $17.0m 7.38% First filing
26 SIGNET FINANCIAL MANAGEMENT, LLC 1.69% of their portfolio PARSIPPANY, NJ 675,174675.2k $15.1m $15.1m 1.69% Added +56.0k +55,985
27 ST GERMAIN D J CO INC 0.57% of their portfolio SPRINGFIELD, MA 655,677655.7k $14.7m $14.7m 0.57% Added +16.0k +15,961
28 Stokes Family Office, LLC 1.29% of their portfolio NEW ORLEANS, LA 626,988627.0k $14.1m $14.1m 1.29% Added +67.7k +67,691
29 Collier Financial 10.46% of their portfolio DENVER, CO 621,154621.2k $13.9m $13.9m 10.46% Added +34.4k +34,400
30 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 586,996587.0k $13.2m $13.2m 0.06% Added +76.1k +76,102
31 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 550,798550.8k $12.3m $12.3m 0.01% Added +30.1k +30,060
32 Tidemark, LLC 3.40% of their portfolio SAN DIEGO, CA 533,250533.2k $12.0m $12.0m 3.40% Added +50.1k +50,072
33 Mariner, LLC 0.01% of their portfolio Overland Park, KS 473,686473.7k $10.6m $10.6m 0.01% Added +17.2k +17,172
34 FLAGSHIP HARBOR ADVISORS, LLC 0.49% of their portfolio BOSTON, MA 466,219466.2k $10.5m $10.5m 0.49% Added +35.0k +35,035
35 Gibbs Wealth Management 2.49% of their portfolio Alpharetta, GA 456,452456.5k $10.3m $10.3m 2.49% Reduced -27.6k -27,595
36 Equitable Holdings, Inc. 0.07% of their portfolio NEW YORK, NY 427,467427.5k $9.6m $9.6m 0.07% Added +1.0k +1,026
37 Certified Advisory Corp 0.82% of their portfolio ALTAMONTE SPRINGS, FL 400,087400.1k $9.0m $9.0m 0.82% Added +16.1k +16,083
38 Clearwater Capital Advisors, LLC 0.62% of their portfolio HOFFMAN ESTATES, IL 334,027334.0k $7.5m $7.5m 0.62% Reduced -237.9k -237,908
39 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 322,517322.5k $7.2m $7.2m 0.00% Reduced -16.1k -16,093
40 Chesapeake Wealth Management 2.04% of their portfolio WILLIAMSBURG, VA 306,245306.2k $6.9m $6.9m 2.04% Added +22.8k +22,808
41 Checchi Capital Advisers, LLC 0.45% of their portfolio BEVERLY HILLS, CA 293,126293.1k $6.6m $6.6m 0.45% Reduced -3.0k -3,006
42 ABOUND FINANCIAL, LLC 2.44% of their portfolio GRANITE BAY, CA 280,955281.0k $6.3m $6.3m 2.44% Added +24.4k +24,365
43 Detalus Advisors, LLC 1.41% of their portfolio ST. LOUIS, MO 257,927257.9k $5.8m $5.8m 1.41% Added +21.0k +20,960
44 Portside Wealth Group, LLC 0.78% of their portfolio Provo, UT 257,574257.6k $5.8m $5.8m 0.78% Added +17.0k +17,005
45 RETIREMENT CAPITAL STRATEGIES 2.08% of their portfolio SAN JOSE, CA 250,812250.8k $5.6m $5.6m 2.08% Added +233.1k +233,088
46 TSFG, LLC 0.82% of their portfolio LAKE FOREST, IL 244,076244.1k $5.5m $5.5m 0.82% Added +25.4k +25,371
47 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 0.40% of their portfolio NEW YORK, NY 241,932241.9k $5.4m $5.4m 0.40% Added +2.6k +2,555
48 Lido Advisors, LLC 0.02% of their portfolio Los Angeles, CA 217,744217.7k $4.9m $4.9m 0.02% Reduced -1.1k -1,146
49 HORIZON FINANCIAL SERVICES, LLC 2.17% of their portfolio WINSTON SALEM, NC 213,188213.2k $4.8m $4.8m 2.17% Added +7.8k +7,834
50 Drucker Wealth 3.0, LLC 0.79% of their portfolio WOODCLIFF LAKE, NJ 200,954201.0k $4.5m $4.5m 0.79% Added +10.1k +10,099
51 Waverly Advisors, LLC 0.04% of their portfolio BIRMINGHAM, AL 199,195199.2k $4.5m $4.5m 0.04% Added +19.7k +19,733
52 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 194,903194.9k $4.4m $4.4m 0.02% Reduced -22.6k -22,615
53 Western Wealth Management, LLC 0.20% of their portfolio GOLDEN, CO 192,914192.9k $4.3m $4.3m 0.20% Added +18.5k +18,505
54 Collaborative Wealth Managment Inc. 1.52% of their portfolio LAKE MARY, FL 192,778192.8k $4.3m $4.3m 1.52% Reduced -62.0k -61,956
55 Boltwood Capital Management 1.07% of their portfolio WALNUT CREEK, CA 184,236184.2k $4.1m $4.1m 1.07% Added +27.6k +27,557
56 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 179,023179.0k $4.0m $4.0m 0.00% Added +16.5k +16,477
57 Midwest Capital Advisors, LLC 1.91% of their portfolio Grand Rapids, MI 177,480177.5k $4.0m $4.0m 1.91% Reduced -2.2k -2,191
58 Mutual Advisors, LLC 0.08% of their portfolio OMAHA, NE 176,787176.8k $4.0m $4.0m 0.08% Added +4.8k +4,850
59 Kestra Investment Management, LLC 0.09% of their portfolio AUSTIN, TX 168,854168.9k $3.8m $3.8m 0.09% Reduced -11.5k -11,456
60 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 166,098166.1k $3.7m $3.7m 0.04% Reduced -1.9k -1,852
61 Keystone Financial Group 0.27% of their portfolio LEXINGTON, KY 160,385160.4k $3.6m $3.6m 0.27% Added +6.3k +6,325
62 Visionary Wealth Advisors 0.16% of their portfolio O'FALLON, IL 159,212159.2k $3.6m $3.6m 0.16% Added +9.2k +9,217
63 Valmark Advisers, Inc. 0.04% of their portfolio AKRON, OH 154,664154.7k $3.5m $3.5m 0.04% Added +22.0k +21,960
64 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 151,202151.2k $3.4m $3.4m 0.00% New
65 Gladstone Institutional Advisory LLC 0.13% of their portfolio Bedminster, NJ 151,047151.0k $3.4m $3.4m 0.13% Added +19.8k +19,763
66 West Wealth Group, LLC 0.69% of their portfolio Irvine, CA 148,381148.4k $3.3m $3.3m 0.69% Added +7.4k +7,435
67 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 138,412138.4k $3.1m $3.1m 0.00% Reduced -122.0k -122,008
68 Vise Technologies, Inc. 0.06% of their portfolio NEW YORK, NY 132,595132.6k $3.0m $3.0m 0.06% Added +78.8k +78,775
69 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 129,496129.5k $2.9m $2.9m 0.00% Added +17.1k +17,097
70 Q3 Asset Management 0.66% of their portfolio BIRMINGHAM, MI 128,601128.6k $2.9m $2.9m 0.66% New
71 EHRLICH FINANCIAL GROUP 1.63% of their portfolio LAGUNA NIGUEL, CA 127,656127.7k $2.9m $2.9m 1.63% Added +1.8k +1,840
72 Vertex Planning Partners, LLC 0.65% of their portfolio DOWNERS GROVE, IL 125,589125.6k $2.8m $2.8m 0.65% Added +4.3k +4,300
73 Kingsview Wealth Management, LLC 0.04% of their portfolio GRANTS PASS, OR 125,038125.0k $2.8m $2.8m 0.04% Reduced -242.3k -242,325
74 Spectrum Planning & Advisory Services Inc. 1.42% of their portfolio SAN DIEGO, CA 123,279123.3k $2.8m $2.8m 1.42% Reduced -1.2k -1,231
75 Seed Wealth Management, Inc. 1.90% of their portfolio EVANSTON, IL 123,110123.1k $2.8m $2.8m 1.90% Reduced -3.7k -3,730
76 Farther Finance Advisors, LLC 0.03% of their portfolio SAN FRANCISCO, CA 122,939122.9k $2.8m $2.8m 0.03% Added +3.9k +3,902
77 Dynamic Advisor Solutions LLC 0.09% of their portfolio PHOENIX, AZ 121,064121.1k $2.7m $2.7m 0.09% Added +5.5k +5,478
78 RFG Advisory, LLC 0.04% of their portfolio BIRMINGHAM, AL 104,848104.8k $2.4m $2.4m 0.04% Reduced -175.8k -175,831
79 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 96,19396.2k $2.2m $2.2m 0.00% Added +14.3k +14,293
80 Alesco Advisors, LLC, An ESL Co 0.06% of their portfolio Pittsford, NY 96,07096.1k $2.2m $2.2m 0.06% Added +1.1k +1,120
81 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 95,39095.4k $2.1m $2.1m 0.00% New
82 Redwood Financial Network Corp 1.33% of their portfolio SOLON, OH 92,79792.8k $2.1m $2.1m 1.33% Reduced -8.0k -8,015
83 CacheTech Inc. 0.34% of their portfolio LOGAN, UT 82,47582.5k $1.8m $1.8m 0.34% Reduced -7.6k -7,610
84 Forefront Wealth Partners, LLC 0.86% of their portfolio AUSTIN, TX 80,96881.0k $1.8m $1.8m 0.86% Added +22.0k +22,000
85 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 80,76380.8k $1.8m $1.8m 0.00% Reduced -697 -697
86 Diversify Advisory Services, LLC 0.06% of their portfolio SANDY, UT 78,81678.8k $1.8m $1.8m 0.06% Reduced -2.1k -2,077
87 Trilogy Capital Inc. 0.08% of their portfolio IRVINE, CA 78,81478.8k $1.8m $1.8m 0.08% Added +11.2k +11,191
88 PRIVATE TRUST CO NA 0.15% of their portfolio CLEVELAND, OH 78,77978.8k $1.8m $1.8m 0.15% Added +2.8k +2,831
89 SFG Wealth Management, LLC. 0.64% of their portfolio TOWSON, MD 72,99373.0k $1.6m $1.6m 0.64% Unchanged
90 Adams Wealth Management 0.35% of their portfolio LOGAN, UT 72,46472.5k $1.6m $1.6m 0.35% Reduced -7.5k -7,529
91 EWA, LLC 0.36% of their portfolio PITTSBURGH, PA 64,91964.9k $1.5m $1.5m 0.36% Added +9.4k +9,433
92 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 60,20660.2k $1.4m $1.4m 0.00% Reduced -18.0k -17,992
93 Fort Point Capital Partners LLC 0.16% of their portfolio San Francisco, CA 58,35058.4k $1.3m $1.3m 0.16% Added +5.9k +5,889
94 Idaho Trust Co 0.42% of their portfolio BOISE, ID 56,48756.5k $1.3m $1.3m 0.42% Reduced -7.5k -7,500
95 COMERICA BANK 0.00% of their portfolio DALLAS, TX 55,43755.4k $1.2m $1.2m 0.00% Reduced -3.0k -2,982
96 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 55,34955.3k $1.2m $1.2m 0.00% Reduced -1.9k -1,862
97 Strategic Blueprint, LLC 0.07% of their portfolio ATLANTA, GA 55,31155.3k $1.2m $1.2m 0.07% Reduced -29.3k -29,257
98 Ashton Thomas Private Wealth, LLC 0.03% of their portfolio SCOTTSDALE, AZ 51,82051.8k $1.2m $1.2m 0.03% Reduced -817 -817
99 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 49,95450.0k $1.1m $1.1m 0.01% Reduced -4.7k -4,665
100 Alliance Wealth Advisors, LLC /UT 0.24% of their portfolio Centerville, UT 48,99249.0k $1.1m $1.1m 0.24% Reduced -8.0k -7,982