Vault-13

SPDR SER TR EBND

BLOOMBERG EMERGI · ETP · CUSIP 78464A391

219 institutional holders +11 vs Q3 2025
91,237,43191.2m shares reported held*
$1.9bnreported value*
26 new 90 added 51 reduced 22 sold out net bought ≈ $80.0m (+3.8m 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 ($17.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $21.37.

Trends to Q4 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: 187Q3 25: 208Q4 25: 219219Q3 22Q2 23Q1 24Q4 24Q4 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
Q3 2025208
Q4 2025219

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 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 25Q3 25: 114 bought or addedQ3 25: 70 cut or sold outQ4 25: 116 bought or addedQ4 25: 73 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202411583
Q2 20249290
Q3 20249288
Q4 202410384
Q1 202576130
Q2 20258889
Q3 202511470
Q4 202511673

Biggest buyers

CI INVESTMENTS INC. Added +1,772,719+1.8m
Empower Advisory Group, LLC Added +987,105+987.1k
COMERICA BANK Added +856,745+856.7k
HSBC HOLDINGS PLC New +520,066+520.1k
SAX WEALTH ADVISORS, LLC New +347,657+347.7k
rebel Financial LLC Added +237,905+237.9k
MORGAN STANLEY Added +199,869+199.9k
BANK OF AMERICA CORP /DE/ Added +108,603+108.6k
Hibernia Wealth Partners, LLC Added +101,863+101.9k
ENVESTNET ASSET MANAGEMENT INC Added +55,172+55.2k

Biggest sellers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -1,293,347-1.3m
D. E. Shaw & Co., Inc. Sold out -134,700-134.7k
Aspire Private Capital, LLC Reduced -131,557-131.6k
Econ Financial Services Corp Sold out -98,148-98.1k
NewSquare Capital LLC Reduced -96,637-96.6k
SeaBridge Investment Advisors LLC Reduced -50,679-50.7k
OSAIC HOLDINGS, INC. Reduced -47,243-47.2k
SEI INVESTMENTS CO Reduced -46,415-46.4k
PARK AVENUE SECURITIES LLC Reduced -35,081-35.1k
JPMORGAN CHASE & CO Reduced -24,646-24.6k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.13% of their portfolio SAN FRANCISCO, CA 38,075,91638.1m $813.7m $813.7m 0.13% Reduced -1.3m -1,293,347
2 Empower Advisory Group, LLC 1.51% of their portfolio Greenwood Village, CO 26,107,42526.1m $557.9m $557.9m 1.51% Added +987.1k +987,105
3 CI INVESTMENTS INC. 0.89% of their portfolio TORONTO, Z4 9,484,5969.5m $202.7m $202.7m 0.89% Added +1.8m +1,772,719
4 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,527,2332.5m $54.0m $54.0m 0.00% Added +41.0k +40,984
5 SEI INVESTMENTS CO 0.04% of their portfolio OAKS, PA 1,784,2651.8m $38.1m $38.1m 0.04% Reduced -46.4k -46,415
6 COMERICA BANK 0.07% of their portfolio DALLAS, TX 861,772861.8k $18.4m $18.4m 0.07% Added +856.7k +856,745
7 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 853,429853.4k $18.2m $18.2m 0.00% Added +18.1k +18,067
8 Envestnet Portfolio Solutions, Inc. 0.06% of their portfolio BERWYN, PA 772,574772.6k $16.5m $16.5m 0.06% Added +3.1k +3,084
9 Varma Mutual Pension Insurance Co 0.09% of their portfolio Varma, H9 700,000700.0k $15.0m $15.0m 0.09% Unchanged
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 648,574648.6k $13.9m $13.9m 0.00% Added +108.6k +108,603
11 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 520,066520.1k $11.1m $11.1m 0.00% New
12 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 509,909509.9k $10.9m $10.9m 0.00% Added +55.2k +55,172
13 Hamrick Investment Counsel, llc 6.12% of their portfolio SEATTLE, WA 385,266385.3k $8.2m $8.2m 6.12% First filing
14 Ocean Park Asset Management, LLC 0.36% of their portfolio SANTA MONICA, CA 358,900358.9k $7.7m $7.7m 0.36% Unchanged
15 SAX WEALTH ADVISORS, LLC 0.35% of their portfolio PARSIPPANY, NJ 347,657347.7k $7.4m $7.4m 0.35% New
16 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 313,743313.7k $6.7m $6.7m 0.00% Reduced -20.3k -20,313
17 SeaBridge Investment Advisors LLC 1.10% of their portfolio SUMMIT, NJ 312,656312.7k $6.7m $6.7m 1.10% Reduced -50.7k -50,679
18 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 297,026297.0k $6.3m $6.3m 0.01% Added +4.4k +4,395
19 Valmark Advisers, Inc. 0.08% of their portfolio AKRON, OH 288,423288.4k $6.2m $6.2m 0.08% Reduced -1.9k -1,851
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 269,440269.4k $5.8m $5.8m 0.00% Added +199.9k +199,869
21 NewSquare Capital LLC 0.50% of their portfolio NEWTOWN SQUARE, PA 266,466266.5k $5.7m $5.7m 0.50% Reduced -96.6k -96,637
22 Avos Capital Management, LLC 2.33% of their portfolio SEATTLE, WA 249,682249.7k $5.3m $5.3m 2.33% Added +2.0k +2,039
23 rebel Financial LLC 2.17% of their portfolio GROVEPORT, OH 237,905237.9k $5.1m $5.1m 2.17% Added +237.9k +237,905
24 Summit Global Investments 0.30% of their portfolio BOUNTIFUL, UT 236,308236.3k $5.0m $5.0m 0.30% Added +3.6k +3,566
25 Hibernia Wealth Partners, LLC 1.34% of their portfolio BATON ROUGE, LA 208,680208.7k $4.5m $4.5m 1.34% Added +101.9k +101,863
26 Austin Private Wealth, LLC 0.33% of their portfolio Austin, TX 205,949205.9k $4.4m $4.4m 0.33% Added +20.1k +20,084
27 City State Bank 1.17% of their portfolio NORWALK, IA 200,641200.6k $4.3m $4.3m 1.17% Added +8.4k +8,446
28 Genesis Wealth Advisors, LLC 2.78% of their portfolio BRAINTREE, MA 189,908189.9k $4.1m $4.1m 2.78% Added +5.0k +5,037
29 PARK AVENUE SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 173,989174.0k $3.7m $3.7m 0.03% Reduced -35.1k -35,081
30 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 169,133169.1k $3.6m $3.6m 0.00% Unchanged
31 UBS Group AG 0.00% of their portfolio ZURICH, V8 144,253144.3k $3.1m $3.1m 0.00% Added +2.7k +2,722
32 Aspire Private Capital, LLC 0.68% of their portfolio Cornelius, NC 143,925143.9k $3.1m $3.1m 0.68% Reduced -131.6k -131,557
33 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 126,736126.7k $2.7m $2.7m 0.00% Added +47.7k +47,681
34 Prospera Financial Services Inc 0.04% of their portfolio Dallas, TX 125,414125.4k $2.7m $2.7m 0.04% Reduced -9.7k -9,656
35 FIRST CITIZENS BANK & TRUST CO 0.05% of their portfolio RALEIGH, NC 118,591118.6k $2.5m $2.5m 0.05% Added +1.6k +1,591
36 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 102,084102.1k $2.2m $2.2m 0.00% Added +11.4k +11,400
37 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 89,77589.8k $1.9m $1.9m 0.01% Added +458 +458
38 Farther Finance Advisors, LLC 0.02% of their portfolio SAN FRANCISCO, CA 88,14288.1k $1.9m $1.9m 0.02% Added +5.9k +5,871
39 Perigon Wealth Management, LLC 0.03% of their portfolio SAN FRANCISCO, CA 79,65379.7k $1.7m $1.7m 0.03% Added +422 +422
40 Valtinson Bruner Financial Planning LLC 0.49% of their portfolio NEW BRIGHTON, MN 79,08379.1k $1.7m $1.7m 0.49% Added +13.2k +13,206
41 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 77,38877.4k $1.7m $1.7m 0.00% Reduced -284 -284
42 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 74,93774.9k $1.6m $1.6m 0.00% Reduced -962 -962
43 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 73,82873.8k $1.6m $1.6m 0.01% Reduced -8.3k -8,259
44 Wealthfront Advisers LLC 0.00% of their portfolio Palo Alto, CA 70,13470.1k $1.5m $1.5m 0.00% Added +22.2k +22,225
45 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 66,73866.7k $1.4m $1.4m 0.00% Added +5.8k +5,756
46 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 66,70166.7k $1.4m $1.4m 0.01% Added +6.8k +6,845
47 LANDMARK WEALTH MANAGEMENT, INC. 0.47% of their portfolio NORMAL, IL 57,92157.9k $1.2m $1.2m 0.47% Added +3.0k +2,983
48 Bleakley Financial Group, LLC 0.02% of their portfolio PARSIPPANY, NJ 57,50557.5k $1.2m $1.2m 0.02% Added +1.4k +1,448
49 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 55,74055.7k $1.2m $1.2m 0.00% Added +50.0k +50,023
50 Raleigh Capital Management Inc. 0.43% of their portfolio CARY, NC 54,81154.8k $1.2m $1.2m 0.43% Added +3.4k +3,370
51 Capital Investment Management, Inc. 0.41% of their portfolio LEES SUMMIT, MO 54,37054.4k $1.2m $1.2m 0.41% First filing
52 Treasure Coast Financial Planning 0.59% of their portfolio VERO BEACH, FL 52,23652.2k $1.1m $1.1m 0.59% Added +3.0k +2,962
53 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 50,51850.5k $1.1m $1.1m 0.00% Reduced -2.3k -2,297
54 RAINEY & RANDALL WEALTH ADVISORS INC. 0.17% of their portfolio Celebration, FL 47,81447.8k $1.0m $1.0m 0.17% Added +818 +818
55 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 47,57847.6k $1.0m $1.0m 0.01% New
56 McNamara Financial Services, Inc. 0.19% of their portfolio MARSHFIELD, MA 46,12746.1k $985.7k $985.7k 0.19% Added +273 +273
57 Tempus Wealth Planning, LLC 0.22% of their portfolio IRVINE, CA 44,71944.7k $955.6k $955.6k 0.22% Reduced -421 -421
58 Sharkey, Howes & Javer 0.12% of their portfolio DENVER, CO 44,07544.1k $941.9k $941.9k 0.12% Reduced -9.0k -8,969
59 VICUS CAPITAL 0.07% of their portfolio STATE COLLEGE, PA 43,16443.2k $922.4k $922.4k 0.07% Added +32.4k +32,387
60 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 42,03842.0k $903.0k $903.0k 0.00% Added +4.3k +4,347
61 Wagner Wealth Management, Corp 0.88% of their portfolio CONYNGHAM, PA 41,68441.7k $890.8k $890.8k 0.88% First filing
62 Mariner, LLC 0.00% of their portfolio Overland Park, KS 40,71540.7k $870.1k $870.1k 0.00% Added +11.7k +11,655
63 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 38,49838.5k $822.7k $822.7k 0.00% New
64 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 38,26838.3k $817.8k $817.8k 0.00% Added +38.2k +38,176
65 Global Retirement Partners, LLC 0.01% of their portfolio San Rafael, CA 37,19637.2k $794.9k $794.9k 0.01% Added +36.8k +36,821
66 Fourth Dimension Wealth, LLC 0.29% of their portfolio MIDDLEBURG HEIGHTS, OH 36,90136.9k $788.6k $788.6k 0.29% Added +342 +342
67 Transamerica Financial Advisors, LLC 0.06% of their portfolio CEDAR RAPIDS, IA 35,90935.9k $767.4k $767.4k 0.06% Reduced -2.3k -2,282
68 LEAVELL INVESTMENT MANAGEMENT, INC. 0.03% of their portfolio MOBILE, AL 35,71635.7k $763.3k $763.3k 0.03% Reduced -2.0k -2,009
69 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 33,75433.8k $721.4k $721.4k 0.00% Reduced -47.2k -47,243
70 Signal Advisors Wealth, LLC 0.06% of their portfolio DETROIT, MI 32,57532.6k $696.1k $696.1k 0.06% Added +900 +900
71 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 31,02731.0k $663.0k $663.0k 0.00% Added +9.0k +9,001
72 Rakuten Investment Management, Inc. 0.00% of their portfolio TOKYO, M0 30,52330.5k $651.7k $651.7k 0.00% Unchanged
73 RED LIGHTHOUSE INVESTMENT MANAGEMENT, LLC 0.23% of their portfolio HILLSDALE, NY 29,42729.4k $628.9k $628.9k 0.23% Unchanged
74 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 28,89928.9k $617.6k $617.6k 0.00% Added +28.9k +28,863
75 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 28,47228.5k $608.4k $608.4k 0.00% Reduced -24.6k -24,646
76 Simplicity Wealth,LLC 0.04% of their portfolio SUMMIT, NJ 28,37728.4k $606.4k $606.4k 0.04% Added +2.8k +2,826
77 Onyx Bridge Wealth Group LLC 0.06% of their portfolio TARRYTOWN, NY 27,90327.9k $596.3k $596.3k 0.06% Reduced -5.2k -5,187
78 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 26,97127.0k $576.4k $576.4k 0.00% Reduced -53 -53
79 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 26,56126.6k $567.6k $567.6k 0.01% Reduced -1.0k -1,037
80 Capital CS Group, LLC 0.88% of their portfolio IRVINE, CA 25,98026.0k $555.2k $555.2k 0.88% Added +86 +86
81 Upper Left Wealth Management, LLC 0.33% of their portfolio TAMPA, FL 25,33425.3k $541.4k $541.4k 0.33% Reduced -237 -237
82 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 24,65924.7k $527.0k $527.0k 0.01% Added +1.4k +1,420
83 FSA Advisors, Inc. 0.07% of their portfolio TROY, MI 23,95724.0k $98.4k $98.4k 0.07% New
84 RFG Advisory, LLC 0.01% of their portfolio BIRMINGHAM, AL 23,46323.5k $501.4k $501.4k 0.01% Reduced -454 -454
85 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 23,29223.3k $497.7k $497.7k 0.00% Added +5.6k +5,624
86 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 22,45022.4k $479.8k $479.8k 0.00% Added +1.5k +1,507
87 Lifeworks Advisors, LLC 0.06% of their portfolio GRAND RAPIDS, MI 21,48421.5k $459.1k $459.1k 0.06% Added +431 +431
88 STONEHAVEN WEALTH & TAX SOLUTIONS, LLC 0.41% of their portfolio APPLETON, WI 21,24621.2k $454.0k $454.0k 0.41% Added +1.2k +1,206
89 PFG Investments, LLC 0.02% of their portfolio WOODBURY, NY 20,97021.0k $448.1k $448.1k 0.02% Added +460 +460
90 PENSION & WEALTH MANAGEMENT ADVISORS, INC. 0.13% of their portfolio WALTHAM, MA 20,82020.8k $444.9k $444.9k 0.13% Added +161 +161
91 DRAVO BAY LLC 0.18% of their portfolio REHOBOTH BEACH, DE 20,56420.6k $439.5k $439.5k 0.18% Reduced -1.9k -1,919
92 NOVUS ADVISORS, LLC 0.98% of their portfolio GREENVILLE, SC 20,53120.5k $438.7k $438.7k 0.98% Added +784 +784
93 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 18,25018.2k $390.0k $390.0k 0.00% New
94 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 18,07318.1k $386.2k $386.2k 0.00% Reduced -24.5k -24,467
95 Diversified Enterprises, LLC 0.02% of their portfolio Wilmington, DE 17,49217.5k $373.8k $373.8k 0.02% Added +2.0k +2,033
96 FSB PREMIER WEALTH MANAGEMENT, INC. 0.11% of their portfolio WATERLOO, IA 16,87016.9k $360.5k $360.5k 0.11% Reduced -20 -20
97 KWB Wealth 0.03% of their portfolio REDLANDS, CA 16,75016.8k $357.9k $357.9k 0.03% New
98 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 16,30016.3k $348.3k $348.3k 0.01% Added +966 +966
99 WealthPoint Financial, LLC 0.30% of their portfolio CRAMERTON, NC 16,26516.3k $347.6k $347.6k 0.30% First filing
100 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 15,32515.3k $327.5k $327.5k 0.00% Added +179 +179