Vault-13

SPDR SER TR EBND

BLOOMBERG EMERGI · ETP · CUSIP 78464A391

187 institutional holders -7 vs Q1 2025
82,619,32482.6m shares reported held*
$1.8bnreported value*
22 new 66 added 57 reduced 32 sold out net bought ≈ $62.9m (+2.9m 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. Holder counts are more reliable. Implied quarter-end price ≈ $21.40.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 151Q4 22: 177Q1 23: 184Q2 23: 181Q3 23: 173Q4 23: 191Q1 24: 199Q2 24: 191Q3 24: 197Q4 24: 215Q1 25: 194Q2 25: 187187Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022151
Q4 2022177
Q1 2023184
Q2 2023181
Q3 2023173
Q4 2023191
Q1 2024199
Q2 2024191
Q3 2024197
Q4 2024215
Q1 2025194
Q2 2025187

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 93 bought or addedQ3 23: 85 cut or sold outQ4 23: 90 bought or addedQ4 23: 85 cut or sold outQ4 23Q1 24: 115 bought or addedQ1 24: 83 cut or sold outQ2 24: 92 bought or addedQ2 24: 90 cut or sold outQ2 24Q3 24: 92 bought or addedQ3 24: 88 cut or sold outQ4 24: 103 bought or addedQ4 24: 84 cut or sold outQ4 24Q1 25: 76 bought or addedQ1 25: 130 cut or sold outQ2 25: 88 bought or addedQ2 25: 89 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20239385
Q4 20239085
Q1 202411583
Q2 20249290
Q3 20249288
Q4 202410384
Q1 202576130
Q2 20258889

Biggest buyers

CI INVESTMENTS INC. Added +2,505,430+2.5m
Empower Advisory Group, LLC Added +876,462+876.5k
COMERICA BANK Added +786,101+786.1k
Varma Mutual Pension Insurance Co Added +500,000+500.0k
BANK OF AMERICA CORP /DE/ Added +112,149+112.1k
Hibernia Wealth Partners, LLC Added +102,762+102.8k
D. E. Shaw & Co., Inc. Added +82,900+82.9k
Austin Private Wealth, LLC Added +64,973+65.0k
OSAIC HOLDINGS, INC. Added +59,387+59.4k
Prospera Financial Services Inc New +57,487+57.5k

Biggest sellers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -1,667,235-1.7m
STATE STREET CORP Reduced -476,525-476.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -111,932-111.9k
LPL Financial LLC Reduced -103,613-103.6k
SEI INVESTMENTS CO Reduced -78,587-78.6k
&PARTNERS Sold out -53,046-53.0k
JANE STREET GROUP, LLC Sold out -44,059-44.1k
RED LIGHTHOUSE INVESTMENT MANAGEMENT, LLC Reduced -36,982-37.0k
Geneos Wealth Management Inc. Reduced -29,047-29.0k
Private Advisor Group, LLC Sold out -18,781-18.8k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.15% of their portfolio SAN FRANCISCO, CA 40,552,15040.6m $867.8m $867.8m 0.15% Reduced -1.7m -1,667,235
2 Empower Advisory Group, LLC 1.55% of their portfolio Greenwood Village, CO 24,148,38624.1m $516.8m $516.8m 1.55% Added +876.5k +876,462
3 CI INVESTMENTS INC. 0.27% of their portfolio TORONTO, Z4 3,325,2533.3m $71.2m $71.2m 0.27% Added +2.5m +2,505,430
4 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,595,9552.6m $55.6m $55.6m 0.00% Reduced -476.5k -476,525
5 SEI INVESTMENTS CO 0.05% of their portfolio OAKS, PA 1,874,3421.9m $40.1m $40.1m 0.05% Reduced -78.6k -78,587
6 Envestnet Portfolio Solutions, Inc. 0.06% of their portfolio BERWYN, PA 804,720804.7k $17.2m $17.2m 0.06% Added +54.6k +54,583
7 COMERICA BANK 0.07% of their portfolio DALLAS, TX 791,121791.1k $16.9m $16.9m 0.07% Added +786.1k +786,101
8 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 753,921753.9k $16.1m $16.1m 0.01% Reduced -103.6k -103,613
9 Varma Mutual Pension Insurance Co 0.11% of their portfolio Varma, H9 700,000700.0k $15.0m $15.0m 0.11% Added +500.0k +500,000
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 487,775487.8k $10.4m $10.4m 0.00% Added +112.1k +112,149
11 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 478,821478.8k $10.2m $10.2m 0.00% Added +19.9k +19,909
12 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 346,600346.6k $7.4m $7.4m 0.01% Added +82.9k +82,900
13 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 303,319303.3k $6.5m $6.5m 0.00% Added +49.9k +49,913
14 Valmark Advisers, Inc. 0.09% of their portfolio AKRON, OH 290,665290.7k $6.2m $6.2m 0.09% Added +12.0k +12,012
15 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 288,146288.1k $6.2m $6.2m 0.01% Reduced -7.8k -7,792
16 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 281,807281.8k $6.0m $6.0m 0.00% Added +633 +633
17 PARK AVENUE SECURITIES LLC 0.05% of their portfolio NEW YORK, NY 253,555253.6k $5.4m $5.4m 0.05% Reduced -3.3k -3,270
18 rebel Financial LLC 2.25% of their portfolio GROVEPORT, OH 230,338230.3k $4.9m $4.9m 2.25% First filing
19 Summit Global Investments 0.29% of their portfolio BOUNTIFUL, UT 228,442228.4k $4.9m $4.9m 0.29% Added +13.7k +13,748
20 Hibernia Wealth Partners, LLC 1.63% of their portfolio BATON ROUGE, LA 209,403209.4k $4.5m $4.5m 1.63% Added +102.8k +102,762
21 Avos Capital Management, LLC 2.55% of their portfolio SEATTLE, WA 209,014209.0k $4.5m $4.5m 2.55% Added +44.7k +44,739
22 City State Bank 1.38% of their portfolio NORWALK, IA 205,414205.4k $4.4m $4.4m 1.38% Added +30 +30
23 Genesis Wealth Advisors, LLC 2.94% of their portfolio BRAINTREE, MA 183,145183.1k $3.9m $3.9m 2.94% Added +6.7k +6,677
24 Austin Private Wealth, LLC 0.30% of their portfolio Austin, TX 174,244174.2k $3.7m $3.7m 0.30% Added +65.0k +64,973
25 FIRST CITIZENS BANK & TRUST CO 0.06% of their portfolio RALEIGH, NC 144,386144.4k $3.1m $3.1m 0.06% Added +39.3k +39,313
26 UBS Group AG 0.00% of their portfolio ZURICH, V8 143,152143.2k $3.1m $3.1m 0.00% Added +7.1k +7,074
27 Aspire Private Capital, LLC 0.68% of their portfolio Cornelius, NC 135,854135.9k $2.9m $2.9m 0.68% Reduced -98 -98
28 Econ Financial Services Corp 1.13% of their portfolio HARRISBURG, PA 102,446102.4k $2.2m $2.2m 1.13% Reduced -18.1k -18,072
29 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 101,793101.8k $2.2m $2.2m 0.00% Added +10.8k +10,820
30 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 86,87586.9k $1.9m $1.9m 0.00% Added +8.1k +8,097
31 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 85,75785.8k $1.8m $1.8m 0.01% Added +887 +887
32 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 85,14085.1k $1.8m $1.8m 0.01% Added +7.4k +7,370
33 Merit Financial Group, LLC 0.02% of their portfolio ALPHARETTA, GA 82,53582.5k $1.8m $1.8m 0.02% Added +54.6k +54,586
34 Perigon Wealth Management, LLC 0.04% of their portfolio SAN FRANCISCO, CA 78,22378.2k $1.7m $1.7m 0.04% Reduced -198 -198
35 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 76,66876.7k $1.6m $1.6m 0.00% Added +59.4k +59,387
36 Farther Finance Advisors, LLC 0.03% of their portfolio SAN FRANCISCO, CA 76,40876.4k $1.6m $1.6m 0.03% Reduced -4.0k -4,033
37 Sharkey, Howes & Javer 0.17% of their portfolio DENVER, CO 58,15958.2k $1.2m $1.2m 0.17% Reduced -5.7k -5,666
38 Prospera Financial Services Inc 0.02% of their portfolio Dallas, TX 57,48757.5k $1.2m $1.2m 0.02% New
39 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 54,98355.0k $1.2m $1.2m 0.00% Added +1.4k +1,359
40 LANDMARK WEALTH MANAGEMENT, INC. 0.49% of their portfolio NORMAL, IL 53,27453.3k $1.1m $1.1m 0.49% Added +2.8k +2,765
41 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 50,34050.3k $1.1m $1.1m 0.00% Added +1.7k +1,713
42 Treasure Coast Financial Planning 0.62% of their portfolio VERO BEACH, FL 49,48349.5k $1.1m $1.1m 0.62% Added +849 +849
43 Bleakley Financial Group, LLC 0.03% of their portfolio PARSIPPANY, NJ 48,78348.8k $1.0m $1.0m 0.03% Added +24.6k +24,554
44 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 48,39048.4k $1.0m $1.0m 0.00% Added +2.1k +2,080
45 Raleigh Capital Management Inc. 0.43% of their portfolio CARY, NC 48,11148.1k $1.0m $1.0m 0.43% Added +1.6k +1,598
46 RAINEY & RANDALL WEALTH ADVISORS INC. 0.18% of their portfolio Celebration, FL 46,53846.5k $995.9k $995.9k 0.18% Added +1.6k +1,641
47 USA FINANCIAL FORMULAS 0.17% of their portfolio ADA, MI 45,69245.7k $977.8k $977.8k 0.17% New
48 Wealthfront Advisers LLC 0.00% of their portfolio Palo Alto, CA 45,60345.6k $975.9k $975.9k 0.00% Added +30.3k +30,285
49 Tempus Wealth Planning, LLC 0.24% of their portfolio IRVINE, CA 44,98345.0k $962.6k $962.6k 0.24% Added +877 +877
50 McNamara Financial Services, Inc. 0.19% of their portfolio MARSHFIELD, MA 44,75444.8k $957.7k $957.7k 0.19% Added +719 +719
51 Simplicity Wealth,LLC 0.04% of their portfolio SUMMIT, NJ 43,78243.8k $936.9k $936.9k 0.04% New
52 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 42,10042.1k $900.0k $900.0k 0.00% Added +23.4k +23,369
53 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 41,96842.0k $898.1k $898.1k 0.01% Added +10.5k +10,474
54 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 39,81939.8k $850.9k $850.9k 0.00% Reduced -2.2k -2,213
55 LEAVELL INVESTMENT MANAGEMENT, INC. 0.04% of their portfolio MOBILE, AL 39,46939.5k $844.6k $844.6k 0.04% Added +2.9k +2,895
56 Fourth Dimension Wealth, LLC 0.31% of their portfolio MIDDLEBURG HEIGHTS, OH 34,33134.3k $734.7k $734.7k 0.31% Added +3.8k +3,763
57 Signal Advisors Wealth, LLC 0.05% of their portfolio DETROIT, MI 30,99131.0k $663.2k $663.2k 0.05% Reduced -13.8k -13,795
58 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 30,50430.5k $652.8k $652.8k 0.01% Reduced -14.5k -14,524
59 RED LIGHTHOUSE INVESTMENT MANAGEMENT, LLC 0.24% of their portfolio HILLSDALE, NY 29,42729.4k $629.7k $629.7k 0.24% Reduced -37.0k -36,982
60 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 26,24226.2k $561.6k $561.6k 0.00% Added +1.1k +1,133
61 Upper Left Wealth Management, LLC 0.37% of their portfolio TAMPA, FL 26,19226.2k $560.5k $560.5k 0.37% Reduced -832 -832
62 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 24,68324.7k $528.2k $528.2k 0.00% Reduced -2.2k -2,176
63 Capital CS Group, LLC 0.87% of their portfolio IRVINE, CA 24,67724.7k $528.1k $528.1k 0.87% Reduced -2.2k -2,179
64 RFG Advisory, LLC 0.01% of their portfolio BIRMINGHAM, AL 24,35624.4k $521.2k $521.2k 0.01% Reduced -317 -317
65 DRAVO BAY LLC 0.23% of their portfolio REHOBOTH BEACH, DE 22,68322.7k $485.4k $485.4k 0.23% Reduced -199 -199
66 PENSION & WEALTH MANAGEMENT ADVISORS, INC. 0.15% of their portfolio WALTHAM, MA 21,22821.2k $454.3k $454.3k 0.15% Reduced -763 -763
67 Lifeworks Advisors, LLC 0.07% of their portfolio GRAND RAPIDS, MI 21,10421.1k $451.6k $451.6k 0.07% Reduced -186 -186
68 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 20,81920.8k $445.5k $445.5k 0.01% Added +281 +281
69 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 20,33220.3k $435.1k $435.1k 0.00% Added +6.7k +6,691
70 STONEHAVEN WEALTH & TAX SOLUTIONS, LLC 0.42% of their portfolio APPLETON, WI 19,88619.9k $425.6k $425.6k 0.42% Added +2.4k +2,362
71 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 19,42319.4k $415.7k $415.7k 0.00% Reduced -915 -915
72 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 19,09319.1k $408.5k $408.5k 0.01% Reduced -4.7k -4,740
73 NOVUS ADVISORS, LLC 0.61% of their portfolio GREENVILLE, SC 18,74318.7k $401.1k $401.1k 0.61% Reduced -844 -844
74 FSB PREMIER WEALTH MANAGEMENT, INC. 0.14% of their portfolio WATERLOO, IA 17,73717.7k $379.6k $379.6k 0.14% Reduced -84 -84
75 Geneos Wealth Management Inc. 0.01% of their portfolio ENGLEWOOD, CO 17,52317.5k $375.0k $375.0k 0.01% Reduced -29.0k -29,047
76 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 16,45916.5k $352.2k $352.2k 0.00% New
77 Diversified Enterprises, LLC 0.03% of their portfolio Wilmington, DE 16,05916.1k $343.7k $343.7k 0.03% Reduced -33 -33
78 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 14,83214.8k $317.4k $317.4k 0.01% Added +1.2k +1,241
79 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 14,02414.0k $300.1k $300.1k 0.00% Reduced -2.7k -2,725
80 Freedom Investment Management, Inc. 0.02% of their portfolio SOUTH WINDSOR, CT 13,99514.0k $299.5k $299.5k 0.02% Reduced -872 -872
81 Mariner, LLC 0.00% of their portfolio Overland Park, KS 12,92812.9k $276.7k $276.7k 0.00% Reduced -563 -563
82 EXENCIAL WEALTH ADVISORS, LLC 0.01% of their portfolio OKLAHOMA CITY, OK 12,27312.3k $262.6k $262.6k 0.01% Reduced -412 -412
83 Argent Trust Co 0.01% of their portfolio NASHVILLE, TN 12,24312.2k $262.0k $262.0k 0.01% Reduced -239 -239
84 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 12,18112.2k $260.7k $260.7k 0.00% Reduced -39 -39
85 LOCKERMAN FINANCIAL GROUP, INC. 0.34% of their portfolio NEWPORT BEACH, CA 11,83811.8k $253.3k $253.3k 0.34% Added +822 +822
86 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 11,31011.3k $242.0k $242.0k 0.00% Reduced -6.0k -5,978
87 K2 Financial Inc. 0.21% of their portfolio GLENDORA, CA 11,24011.2k $237.2k $237.2k 0.21% Reduced -122 -122
88 First Citizens Asset Management, Inc. 0.08% of their portfolio RALEIGH, NC 11,00811.0k $235.6k $235.6k 0.08% Reduced -429 -429
89 Balboa Wealth Partners 0.05% of their portfolio SCOTTSDALE, AZ 10,51110.5k $224.9k $224.9k 0.05% Added +4 +4
90 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 10,37910.4k $222.1k $222.1k 0.01% Reduced -128 -128
91 JAMES INVESTMENT RESEARCH, INC. 0.03% of their portfolio ALPHA, OH 10,13610.1k $216.9k $216.9k 0.03% New
92 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 9,9139.9k $212.0k $212.0k 0.00% New
93 SBI Securities Co., Ltd. 0.01% of their portfolio TOKYO, M0 9,4609.5k $202.4k $202.4k 0.01% Added +7.8k +7,784
94 CREATIVE FINANCIAL DESIGNS INC /ADV 0.01% of their portfolio KOKOMO, IN 7,3417.3k $157.1k $157.1k 0.01% Added +2.5k +2,473
95 LFA - Lugano Financial Advisors SA 0.09% of their portfolio LUGANO, V8 7,1857.2k $152.3k $152.3k 0.09% Unchanged
96 RICHARDSON FINANCIAL SERVICES INC. 0.10% of their portfolio MEDWAY, MA 6,8216.8k $145.4k $145.4k 0.10% Reduced -1.3k -1,252
97 FMR LLC 0.00% of their portfolio BOSTON, MA 6,7626.8k $144.7k $144.7k 0.00% Added +1.3k +1,285
98 Elequin Capital, LP 0.02% of their portfolio NEW YORK, NY 6,3176.3k $135.2k $135.2k 0.02% New
99 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 6,2026.2k $132.7k $132.7k 0.01% Added +2.6k +2,568
100 Breakwater Investment Management 0.04% of their portfolio SEATTLE, WA 4,6604.7k $99.7k $99.7k 0.04% Unchanged