Vault-13

SPDR SERIES TRUST SPYG

PRTFLO S&P500 GW · ETP · CUSIP 78464A409

1,222 institutional holders +50 vs Q2 2025
319,117,496319.1m shares reported held*
$33.3bnreported value*
102 new 463 added 463 reduced 41 sold out net bought ≈ $1.7bn (+16.1m 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 ($159.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $104.29. Options: 7 managers hold calls ($71.7m notional), 5 hold puts ($15.2m).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 678Q4 22: 757Q1 23: 760Q2 23: 802Q3 23: 828Q4 23: 919Q1 24: 953Q2 24: 1,025Q3 24: 1,023Q4 24: 1,142Q1 25: 1,107Q2 25: 1,172Q3 25: 1,2221,222Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022678
Q4 2022757
Q1 2023760
Q2 2023802
Q3 2023828
Q4 2023919
Q1 2024953
Q2 20241,025
Q3 20241,023
Q4 20241,142
Q1 20251,107
Q2 20251,172
Q3 20251,222

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 23: 424 bought or addedQ4 23: 355 cut or sold outQ1 24: 466 bought or addedQ1 24: 405 cut or sold outQ1 24Q2 24: 539 bought or addedQ2 24: 370 cut or sold outQ3 24: 461 bought or addedQ3 24: 470 cut or sold outQ3 24Q4 24: 527 bought or addedQ4 24: 425 cut or sold outQ1 25: 521 bought or addedQ1 25: 511 cut or sold outQ1 25Q2 25: 611 bought or addedQ2 25: 433 cut or sold outQ3 25: 565 bought or addedQ3 25: 504 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023424355
Q1 2024466405
Q2 2024539370
Q3 2024461470
Q4 2024527425
Q1 2025521511
Q2 2025611433
Q3 2025565504

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ4 24 calls: $112.8mQ4 24 puts: $8.4mQ4 24P/C 0.07Q1 25 calls: $56.1mQ1 25 puts: $10.3mQ1 25P/C 0.18Q2 25 calls: $49.7mQ2 25 puts: $14.0mQ2 25P/C 0.28Q3 25 calls: $71.7mQ3 25 puts: $15.2mQ3 25P/C 0.21
Numbers
QuarterCallsPutsP/C
Q4 2024$112.8m$8.4m0.07
Q1 2025$56.1m$10.3m0.18
Q2 2025$49.7m$14.0m0.28
Q3 2025$71.7m$15.2m0.21

Biggest buyers

GOLDMAN SACHS GROUP INC Added +10,705,194+10.7m
JPMORGAN CHASE & CO Added +5,377,713+5.4m
VANTAGEPOINT INVESTMENT ADVISERS LLC New +4,488,013+4.5m
LPL Financial LLC Added +1,320,306+1.3m
ENVESTNET ASSET MANAGEMENT INC Added +754,395+754.4k
Composition Wealth, LLC Added +689,473+689.5k
Dynasty Wealth Management, LLC Added +577,907+577.9k
Cetera Investment Advisers Added +493,575+493.6k
WELLS FARGO & COMPANY/MN Added +487,148+487.1k
HB Wealth Management, LLC Added +402,591+402.6k

Biggest sellers

Bank of New York Mellon Corp Reduced -3,131,256-3.1m
ROYAL BANK OF CANADA Reduced -2,395,737-2.4m
Kestra Investment Management, LLC Reduced -2,038,020-2.0m
Financial Engines Advisors L.L.C. Reduced -1,244,062-1.2m
TWO SIGMA INVESTMENTS, LP Reduced -677,400-677.4k
Private Advisor Group, LLC Reduced -375,882-375.9k
Ameritas Advisory Services, LLC Reduced -360,379-360.4k
ELEVATION POINT WEALTH PARTNERS, LLC Sold out -358,726-358.7k
Horizon Investments, LLC Reduced -295,676-295.7k
MAINSTAY CAPITAL MANAGEMENT LLC /ADV Reduced -286,551-286.6k

Biggest calls

NATIONAL BANK OF CANADA /FI/ Added $21.2m3.4k shares
Cavalier Investments, LLC New $20.9m2.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $13.2m126.3k shares
CITADEL ADVISORS LLC Reduced $7.4m70.9k shares
JANE STREET GROUP, LLC Reduced $4.8m46.3k shares
IMC-Chicago, LLC Reduced $2.4m22.9k shares
GROUP ONE TRADING LLC Reduced $1.8m17.1k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $5.6m53.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.4m51.5k shares
JANE STREET GROUP, LLC Added $3.9m36.9k shares
WELLS FARGO & COMPANY/MN Unchanged $292.6k2.8k shares
SIMON QUICK ADVISORS, LLC New $24.8k20.0k 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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 1.20% of their portfolio FORT MILL, SC 39,178,64939.2m $4.1bn $4.1bn 1.20% Added +1.3m +1,320,306
2 Financial Engines Advisors L.L.C. 3.59% of their portfolio SANTA CLARA, CA 17,992,95218.0m $1.9bn $1.9bn 3.59% Reduced -1.2m -1,244,062
3 GOLDMAN SACHS GROUP INC 0.22% of their portfolio NEW YORK, NY 14,228,01214.2m $1.5bn $1.5bn 0.22% Added +10.7m +10,705,194
4 Allworth Financial LP 5.27% of their portfolio FOLSOM, CA 11,394,84011.4m $1.2bn $1.2bn 5.27% Added +46.0k +45,989
5 JPMORGAN CHASE & CO 0.04% of their portfolio NEW YORK, NY 11,020,39411.0m $1.2bn $1.2bn 0.04% Added +5.4m +5,377,713
6 ENVESTNET ASSET MANAGEMENT INC 0.33% of their portfolio Berwyn, PA 10,982,33811.0m $1.1bn $1.1bn 0.33% Added +754.4k +754,395
7 AMERIPRISE FINANCIAL INC 0.24% of their portfolio MINNEAPOLIS, MN 9,914,6029.9m $1.0bn $1.0bn 0.24% Added +61.3k +61,348
8 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 8,279,7628.3m $865.3m $865.3m 0.05% Added +64.7k +64,708
9 Horizon Investments, LLC 7.33% of their portfolio Charlotte, NC 5,336,6605.3m $557.7m $557.7m 7.33% Reduced -295.7k -295,676
10 Equitable Holdings, Inc. 4.03% of their portfolio NEW YORK, NY 5,242,9705.2m $547.9m $547.9m 4.03% Reduced -109.8k -109,790
11 HB Wealth Management, LLC 3.26% of their portfolio Atlanta, GA 4,769,3644.8m $479.8m $479.8m 3.26% Added +402.6k +402,591
12 Valmark Advisers, Inc. 6.28% of their portfolio AKRON, OH 4,645,0164.6m $485.5m $485.5m 6.28% Added +52.8k +52,840
13 VANTAGEPOINT INVESTMENT ADVISERS LLC 3.83% of their portfolio WASHINGTON, DC 4,488,0134.5m $469.0m $469.0m 3.83% New
14 UBS Group AG 0.09% of their portfolio ZURICH, V8 4,248,1554.2m $444.0m $444.0m 0.09% Reduced -14.6k -14,623
15 RAYMOND JAMES FINANCIAL INC 0.13% of their portfolio ST. PETERSBURG, FL 3,970,2364.0m $414.9m $414.9m 0.13% Added +144.5k +144,539
16 Orgel Wealth Management, LLC 9.13% of their portfolio ALTOONA, WI 3,828,3933.8m $400.1m $400.1m 9.13% Reduced -67.4k -67,359
17 Dynasty Wealth Management, LLC 5.13% of their portfolio ST. PETERSBURG, FL 3,673,7633.7m $383.9m $383.9m 5.13% Added +577.9k +577,907
18 Advisory Alpha, LLC 10.36% of their portfolio HOLLAND, MI 3,538,0813.5m $372.0m $372.0m 10.36% Added +156.4k +156,423
19 Quotient Wealth Partners, LLC 10.10% of their portfolio DALLAS, TX 3,528,5003.5m $368.8m $368.8m 10.10% Reduced -97.7k -97,669
20 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 3,380,1323.4m $353.3m $353.3m 0.03% Reduced -48.7k -48,733
21 Cetera Investment Advisers 0.39% of their portfolio SCHAUMBURG, IL 3,195,9153.2m $334.0m $334.0m 0.39% Added +493.6k +493,575
22 AE Wealth Management LLC 2.01% of their portfolio TOPEKA, KS 3,010,4193.0m $314.6m $314.6m 2.01% Added +292.5k +292,482
23 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 2,974,1573.0m $310.8m $310.8m 0.06% Added +487.1k +487,148
24 CWM, LLC 0.87% of their portfolio OMAHA, NE 2,774,1522.8m $289.9m $289.9m 0.87% Added +113.2k +113,156
25 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 2,654,0052.7m $277.4m $277.4m 0.05% Reduced -2.4m -2,395,737
26 OSAIC HOLDINGS, INC. 0.36% of their portfolio SCOTTSDALE, AZ 2,576,7802.6m $260.5m $260.5m 0.36% Added +96.1k +96,085
27 Willis Johnson & Associates, Inc. 16.61% of their portfolio Houston, TX 2,565,7872.6m $268.2m $268.2m 16.61% Added +124.0k +124,041
28 TRUIST FINANCIAL CORP 0.34% of their portfolio CHARLOTTE, NC 2,409,7382.4m $251.8m $251.8m 0.34% Added +350.1k +350,144
29 HighTower Advisors, LLC 0.28% of their portfolio CHICAGO, IL 2,373,0832.4m $248.0m $248.0m 0.28% Added +57.9k +57,888
30 Kestra Investment Management, LLC 6.58% of their portfolio AUSTIN, TX 2,346,1372.3m $245.2m $245.2m 6.58% Reduced -2.0m -2,038,020
31 NorthRock Partners, LLC 4.03% of their portfolio MINNEAPOLIS, MN 2,133,1922.1m $222.9m $222.9m 4.03% Reduced -54.5k -54,529
32 Private Advisor Group, LLC 1.06% of their portfolio MORRISTOWN, NJ 2,068,6502.1m $216.2m $216.2m 1.06% Reduced -375.9k -375,882
33 TIAA TRUST, NATIONAL ASSOCIATION 0.52% of their portfolio CHARLOTTE, NC 2,038,7862.0m $213.1m $213.1m 0.52% Added +7.9k +7,890
34 SCS Capital Management LLC 2.16% of their portfolio BOSTON, MA 1,898,3831.9m $198.4m $198.4m 2.16% Added +61.8k +61,815
35 Connecticut Wealth Management, LLC 8.70% of their portfolio FARMINGTON, CT 1,875,0611.9m $196.0m $196.0m 8.70% Added +151.5k +151,459
36 FMR LLC 0.01% of their portfolio BOSTON, MA 1,852,2541.9m $193.6m $193.6m 0.01% Reduced -64.8k -64,834
37 COMMONWEALTH EQUITY SERVICES, LLC 0.22% of their portfolio WALTHAM, MA 1,619,8781.6m $169.3m $169.3m 0.22% Reduced -42.6k -42,646
38 Savant Capital, LLC 1.00% of their portfolio ROCKFORD, IL 1,580,0371.6m $165.1m $165.1m 1.00% Reduced -62.7k -62,660
39 NICOLET ADVISORY SERVICES, LLC 12.54% of their portfolio GREEN BAY, WI 1,538,4491.5m $161.2m $161.2m 12.54% Added +3.1k +3,086
40 Gerber Kawasaki Wealth & Investment Management 5.48% of their portfolio SANTA MONICA, CA 1,527,3051.5m $159.6m $159.6m 5.48% Reduced -51.2k -51,151
41 CoreCap Advisors, LLC 5.78% of their portfolio SOUTHFIELD, MI 1,522,5531.5m $159.1m $159.1m 5.78% Added +23.2k +23,175
42 Focused Wealth Management, Inc 16.26% of their portfolio Newburgh, NY 1,438,3421.4m $150.3m $150.3m 16.26% Reduced -33.8k -33,772
43 Kingsview Wealth Management, LLC 2.21% of their portfolio GRANTS PASS, OR 1,386,6151.4m $144.9m $144.9m 2.21% Added +32.5k +32,534
44 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.09% of their portfolio MILWAUKEE, WI 1,342,4311.3m $140.3m $140.3m 0.09% Added +19.5k +19,541
45 Mariner, LLC 0.18% of their portfolio Overland Park, KS 1,331,0831.3m $139.1m $139.1m 0.18% Added +45.5k +45,514
46 Syntegra Private Wealth Group, LLC 12.81% of their portfolio Chesterfield, MO 1,299,7191.3m $135.8m $135.8m 12.81% Reduced -2.0k -2,021
47 PRUDENTIAL FINANCIAL INC 0.15% of their portfolio NEWARK, NJ 1,237,6701.2m $129.3m $129.3m 0.15% Added +42.3k +42,324
48 OLD NATIONAL BANCORP /IN/ 2.19% of their portfolio EVANSVILLE, IN 1,223,7431.2m $127.9m $127.9m 2.19% Added +35.3k +35,290
49 First National Trust Co 4.21% of their portfolio Johnstown, PA 1,174,6521.2m $122.8m $122.8m 4.21% Reduced -27.6k -27,650
50 AlphaStar Capital Management, LLC 9.92% of their portfolio CORNELIUS, NC 1,101,1251.1m $115.1m $115.1m 9.92% Reduced -38.8k -38,839
51 STIFEL FINANCIAL CORP 0.10% of their portfolio ST. LOUIS, MO 1,055,4791.1m $110.3m $110.3m 0.10% Added +116.7k +116,712
52 Octavia Wealth Advisors, LLC 10.89% of their portfolio CINCINNATI, OH 1,046,8051.0m $109.4m $109.4m 10.89% Added +14.9k +14,900
53 KWB Wealth 10.87% of their portfolio REDLANDS, CA 1,031,9081.0m $98.4m $98.4m 10.87% Reduced -71.6k -71,634
54 MML INVESTORS SERVICES, LLC 0.28% of their portfolio SPRINGFIELD, MA 1,020,6201.0m $106.7m $106.7m 0.28% Added +20.3k +20,281
55 Clark Capital Management Group, Inc. 0.67% of their portfolio PHILADELPHIA, PA 1,016,2841.0m $106.2m $106.2m 0.67% Reduced -69.0k -68,993
56 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 1.63% of their portfolio MINNEAPOLIS, MN 987,850987.9k $103.2m $103.2m 1.63% Reduced -2.1k -2,089
57 Integrated Wealth Concepts LLC 0.92% of their portfolio WALTHAM, MA 979,578979.6k $102.4m $102.4m 0.92% Added +24.6k +24,588
58 FLAGSHIP HARBOR ADVISORS, LLC 4.17% of their portfolio BOSTON, MA 917,608917.6k $95.9m $95.9m 4.17% Reduced -41.9k -41,928
59 EXCHANGE TRADED CONCEPTS, LLC 0.90% of their portfolio Oklahoma City, OK 903,546903.5k $94.4m $94.4m 0.90% Reduced -145.5k -145,544
60 Strategic Financial Concepts, LLC 13.29% of their portfolio SAN ANTONIO, TX 875,270875.3k $91.5m $91.5m 13.29% Added +24.2k +24,182
61 FOUNDERS FINANCIAL SECURITIES LLC 6.20% of their portfolio TOWSON, MD 871,941871.9k $91.1m $91.1m 6.20% Added +148.3k +148,334
62 Compton Financial Group, LLC 21.82% of their portfolio TOWSON, MD 866,834866.8k $90.6m $90.6m 21.82% Added +19.0k +19,011
63 Cannon Financial Strategists, Inc. 12.42% of their portfolio ATHENS, GA 830,316830.3k $86.8m $86.8m 12.42% Added +11.4k +11,360
64 Corient Private Wealth LP 0.13% of their portfolio MIAMI, FL 825,616825.6k $85.8m $85.8m 0.13% Added +70.4k +70,423
65 Waverly Advisors, LLC 0.85% of their portfolio BIRMINGHAM, AL 814,248814.2k $85.1m $85.1m 0.85% Added +27.4k +27,368
66 Black Swift Group, LLC 14.87% of their portfolio BOULDER, CO 807,463807.5k $84.4m $84.4m 14.87% Added +136.2k +136,200
67 MAINSTAY CAPITAL MANAGEMENT LLC /ADV 8.38% of their portfolio GRAND BLANC, MI 799,994800.0k $83.6m $83.6m 8.38% Reduced -286.6k -286,551
68 Envestnet Portfolio Solutions, Inc. 0.29% of their portfolio BERWYN, PA 740,640740.6k $77.4m $77.4m 0.29% Reduced -88.0k -87,988
69 BENJAMIN EDWARDS INC 0.87% of their portfolio Clayton, MO 740,084740.1k $77.3m $77.3m 0.87% Added +91.3k +91,278
70 Creative Planning 0.06% of their portfolio OVERLAND PARK, KS 736,594736.6k $77.0m $77.0m 0.06% Added +1.4k +1,429
71 First Command Advisory Services, Inc. 0.55% of their portfolio FORT WORTH, TX 729,730729.7k $76.3m $76.3m 0.55% Reduced -4.1k -4,124
72 Cambridge Investment Research Advisors, Inc. 0.20% of their portfolio FAIRFIELD, IA 713,704713.7k $74.6m $74.6m 0.20% Added +53.2k +53,230
73 Composition Wealth, LLC 1.11% of their portfolio LOS ANGELES, CA 708,945708.9k $74.1m $74.1m 1.11% Added +689.5k +689,473
74 Ackerman Capital Advisors, LLC 15.46% of their portfolio DALLAS, TX 706,472706.5k $73.8m $73.8m 15.46% Added +34.5k +34,487
75 Klingman & Associates, LLC 3.61% of their portfolio New York, NY 684,950685.0k $71.6m $71.6m 3.61% Reduced -31.1k -31,058
76 RESTON WEALTH MANAGEMENT LLC 22.77% of their portfolio Reston, VA 674,839674.8k $70.5m $70.5m 22.77% Added +1.6k +1,625
77 RFG Advisory, LLC 1.37% of their portfolio BIRMINGHAM, AL 633,446633.4k $66.2m $66.2m 1.37% Reduced -195.8k -195,795
78 ESL Trust Services, LLC 12.79% of their portfolio ROCHESTER, NY 623,597623.6k $65.2m $65.2m 12.79% Reduced -17.0k -16,998
79 Kestra Advisory Services, LLC 0.30% of their portfolio AUSTIN, TX 621,475621.5k $65.0m $65.0m 0.30% Added +12.5k +12,498
80 SilverOak Wealth Management LLC 10.92% of their portfolio Edina, MN 619,161619.2k $64.7m $64.7m 10.92% Added +28.1k +28,118
81 CIBC Private Wealth Group LLC 0.11% of their portfolio ATLANTA, GA 601,566601.6k $62.9m $62.9m 0.11% Added +302.4k +302,395
82 DIVERSIFY WEALTH MANAGEMENT, LLC 3.76% of their portfolio SANDY, UT 600,237600.2k $65.2m $65.2m 3.76% Added +23.9k +23,912
83 CANANDAIGUA NATIONAL BANK & TRUST CO 5.30% of their portfolio CANANDAIGUA, NY 576,979577.0k $60.3m $60.3m 5.30% Added +5.2k +5,200
84 Leicht Financial Planning & Wealth Management, Inc. 26.62% of their portfolio PARSIPPANY, NJ 564,911564.9k $59.0m $59.0m 26.62% Reduced -7.0k -7,050
85 IHT Wealth Management, LLC 1.48% of their portfolio Chicago, IL 559,378559.4k $58.5m $58.5m 1.48% Added +7.2k +7,238
86 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.09% of their portfolio PLYMOUTH, MN 555,110555.1k $58.1m $58.1m 0.09% Reduced -7.6k -7,602
87 Convergence Financial, LLC 8.50% of their portfolio COLUMBIA, MO 541,535541.5k $56.6m $56.6m 8.50% Added +116.7k +116,717
88 Sanctuary Advisors, LLC 0.14% of their portfolio INDIANAPOLIS, IN 515,155515.2k $47.4m $47.4m 0.14% Added +280.4k +280,401
89 Perennial Investment Advisors, LLC 4.42% of their portfolio Los Angeles, CA 512,373512.4k $53.5m $53.5m 4.42% Reduced -24.4k -24,371
90 OARSMAN CAPITAL, INC. 7.39% of their portfolio MILWAUKEE, WI 504,155504.2k $52.7m $52.7m 7.39% Added +29.0k +29,007
91 COURIER CAPITAL LLC 3.00% of their portfolio BUFFALO, NY 501,035501.0k $52.4m $52.4m 3.00% Added +5.2k +5,250
92 CGN Advisors LLC 4.25% of their portfolio MANHATTAN, KS 494,929494.9k $51.7m $51.7m 4.25% Added +594 +594
93 Merit Financial Group, LLC 0.47% of their portfolio ALPHARETTA, GA 494,220494.2k $51.7m $51.7m 0.47% Reduced -31.1k -31,081
94 Janney Montgomery Scott LLC 0.12% of their portfolio PHILADELPHIA, PA 483,951484.0k $50.6m $50.6m 0.12% Reduced -108.6k -108,573
95 Orion Porfolio Solutions, LLC 0.39% of their portfolio OMAHA, NE 477,030477.0k $49.9m $49.9m 0.39% Added +9.8k +9,790
96 Rodgers & Associates, LTD 5.14% of their portfolio Lancaster, PA 476,783476.8k $49.8m $49.8m 5.14% Reduced -10.8k -10,750
97 JONES FINANCIAL COMPANIES LLLP 0.03% of their portfolio DES PERES, MO 473,154473.2k $49.1m $49.1m 0.03% Added +58.9k +58,865
98 TRUEFG, LLC 12.96% of their portfolio CEDAR PARK, TX 448,683448.7k $46.9m $46.9m 12.96% Reduced -23.3k -23,297
99 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 426,655426.7k $44.6m $44.6m 0.01% Reduced -3.1m -3,131,256
100 Stratos Wealth Partners, LTD. 0.52% of their portfolio BEACHWOOD, OH 419,328419.3k $43.8m $43.8m 0.52% Added +93.9k +93,868