Vault-13

SPDR SER TR SPSB

PORTFOLIO SHORT · ETP · CUSIP 78464A474

567 institutional holders +12 vs Q1 2025
214,126,293214.1m shares reported held*
$6.6bnreported value*
50 new 215 added 205 reduced 51 sold out net bought ≈ $229.9m (+7.5m 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 ($17.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $30.64.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 531Q4 22: 572Q1 23: 552Q2 23: 550Q3 23: 531Q4 23: 560Q1 24: 523Q2 24: 534Q3 24: 532Q4 24: 572Q1 25: 555Q2 25: 567567Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022531
Q4 2022572
Q1 2023552
Q2 2023550
Q3 2023531
Q4 2023560
Q1 2024523
Q2 2024534
Q3 2024532
Q4 2024572
Q1 2025555
Q2 2025567

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 219 bought or addedQ3 23: 283 cut or sold outQ4 23: 228 bought or addedQ4 23: 279 cut or sold outQ4 23Q1 24: 247 bought or addedQ1 24: 268 cut or sold outQ2 24: 250 bought or addedQ2 24: 234 cut or sold outQ2 24Q3 24: 256 bought or addedQ3 24: 230 cut or sold outQ4 24: 258 bought or addedQ4 24: 209 cut or sold outQ4 24Q1 25: 269 bought or addedQ1 25: 242 cut or sold outQ2 25: 265 bought or addedQ2 25: 256 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023219283
Q4 2023228279
Q1 2024247268
Q2 2024250234
Q3 2024256230
Q4 2024258209
Q1 2025269242
Q2 2025265256

Biggest buyers

JPMORGAN CHASE & CO Added +7,071,441+7.1m
Creative Planning Added +2,140,455+2.1m
MORGAN STANLEY Added +1,194,093+1.2m
ALLSTATE CORP Added +1,106,340+1.1m
Wealthspire Retirement, LLC New +644,512+644.5k
AMERIPRISE FINANCIAL INC Added +569,101+569.1k
ROYAL BANK OF CANADA Added +537,471+537.5k
LPL Financial LLC Added +478,138+478.1k
Rockefeller Capital Management L.P. Added +440,317+440.3k
Clark Capital Management Group, Inc. New +330,647+330.6k

Biggest sellers

TOWNSQUARE CAPITAL LLC Reduced -1,461,879-1.5m
Destination Wealth Management Reduced -1,420,644-1.4m
RENAISSANCE TECHNOLOGIES LLC Reduced -1,184,400-1.2m
TIAA TRUST, NATIONAL ASSOCIATION Reduced -533,850-533.9k
BANK OF NOVA SCOTIA Reduced -513,192-513.2k
Trilogy Capital Inc. Reduced -492,526-492.5k
Waverly Advisors, LLC Reduced -466,579-466.6k
CoreCap Advisors, LLC Reduced -442,944-442.9k
Capitolis Liquid Global Markets LLC Sold out -397,400-397.4k
Envestnet Portfolio Solutions, Inc. Reduced -392,769-392.8k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Creative Planning 1.17% of their portfolio OVERLAND PARK, KS 45,354,56445.4m $1.4bn $1.4bn 1.17% Added +2.1m +2,140,455
2 JPMORGAN CHASE & CO 0.07% of their portfolio NEW YORK, NY 32,109,85932.1m $969.4m $969.4m 0.07% Added +7.1m +7,071,441
3 Valmark Advisers, Inc. 3.37% of their portfolio AKRON, OH 8,023,8548.0m $242.2m $242.2m 3.37% Added +286.6k +286,606
4 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 7,522,9597.5m $227.1m $227.1m 0.08% Added +478.1k +478,138
5 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 7,519,0287.5m $227.0m $227.0m 0.01% Added +1.2m +1,194,093
6 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 4,917,2174.9m $148.5m $148.5m 0.01% Added +5.8k +5,762
7 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 3,878,7773.9m $117.1m $117.1m 0.03% Reduced -58.4k -58,410
8 Advisory Alpha, LLC 3.62% of their portfolio HOLLAND, MI 3,845,5663.8m $116.1m $116.1m 3.62% Added +9.8k +9,803
9 Baird Financial Group, Inc. 0.20% of their portfolio MILWAUKEE, WI 3,799,2513.8m $114.7m $114.7m 0.20% Reduced -326.4k -326,449
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,492,0763.5m $105.4m $105.4m 0.00% Added +286.7k +286,709
11 HUNTINGTON NATIONAL BANK 0.61% of their portfolio COLUMBUS, OH 3,064,6543.1m $92.5m $92.5m 0.61% Added +136.5k +136,494
12 RENAISSANCE TECHNOLOGIES LLC 0.10% of their portfolio NEW YORK, NY 2,463,3002.5m $74.4m $74.4m 0.10% Reduced -1.2m -1,184,400
13 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 2,394,6572.4m $72.3m $72.3m 0.02% Added +39.2k +39,194
14 MCF Advisors LLC 4.39% of their portfolio LEXINGTON, KY 2,197,3302.2m $66.3m $66.3m 4.39% Reduced -134.3k -134,262
15 ALLSTATE CORP 4.77% of their portfolio NORTHBROOK, IL 2,194,5152.2m $66.3m $66.3m 4.77% Added +1.1m +1,106,340
16 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 2,047,3452.0m $61.8m $61.8m 0.02% Added +569.1k +569,101
17 Rockwood Wealth Management, LLC 5.43% of their portfolio New Hope, PA 2,043,5472.0m $61.7m $61.7m 5.43% Added +69.6k +69,574
18 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 1,871,9091.9m $56.5m $56.5m 0.04% Added +266.4k +266,367
19 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,793,5321.8m $54.1m $54.1m 0.01% Reduced -83.1k -83,120
20 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,774,1251.8m $53.6m $53.6m 0.01% Reduced -98.4k -98,411
21 Mariner, LLC 0.08% of their portfolio Overland Park, KS 1,728,4561.7m $52.2m $52.2m 0.08% Added +17.8k +17,789
22 Rodgers & Associates, LTD 5.19% of their portfolio Lancaster, PA 1,564,9231.6m $47.2m $47.2m 5.19% Reduced -32.4k -32,393
23 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 1,344,1191.3m $40.6m $40.6m 0.07% Added +136.2k +136,157
24 Fisher Asset Management, LLC 0.02% of their portfolio PLANO, TX 1,336,5871.3m $40.4m $40.4m 0.02% Reduced -117.4k -117,407
25 TIAA TRUST, NATIONAL ASSOCIATION 0.10% of their portfolio CHARLOTTE, NC 1,334,3611.3m $40.2m $40.2m 0.10% Reduced -533.9k -533,850
26 Walker Financial Services, Inc. 18.23% of their portfolio BOWLING GREEN, KY 1,328,6351.3m $40.1m $40.1m 18.23% Added +88.0k +88,018
27 ARKANSAS FINANCIAL GROUP, INC. 5.61% of their portfolio LITTLE ROCK, AR 1,196,9551.2m $36.1m $36.1m 5.61% Added +31.6k +31,631
28 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 1,088,5421.1m $32.9m $32.9m 0.04% Added +440.3k +440,317
29 Orange Investment Advisors, Inc. 3.59% of their portfolio GOSHEN, NY 1,085,0131.1m $32.8m $32.8m 3.59% Reduced -15.3k -15,326
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,073,8781.1m $32.4m $32.4m 0.00% Added +537.5k +537,471
31 Willow Creek Wealth Management Inc. 2.91% of their portfolio Sebastopol, CA 1,070,5491.1m $32.3m $32.3m 2.91% Added +765 +765
32 Gemmer Asset Management LLC 2.86% of their portfolio WALNUT CREEK, CA 1,069,1641.1m $32.3m $32.3m 2.86% Added +60.1k +60,106
33 Strategic Point Investment Advisors, LLC 4.94% of their portfolio PROVIDENCE, RI 1,060,0261.1m $32.0m $32.0m 4.94% Added +23.4k +23,409
34 Strategic Wealth Partners, Ltd. 2.50% of their portfolio INDEPENDENCE, OH 1,050,0951.1m $31.7m $31.7m 2.50% First filing
35 Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 5.42% of their portfolio FORT WORTH, TX 1,041,0191.0m $31.4m $31.4m 5.42% Reduced -92.3k -92,272
36 CAPITAL WEALTH MANAGEMENT, LLC 11.45% of their portfolio W. WARWICK, RI 1,016,9531.0m $30.7m $30.7m 11.45% Added +114.0k +114,001
37 COHEN & STEERS, INC. 0.06% of their portfolio NEW YORK, NY 1,000,8221.0m $30.2m $30.2m 0.06% Added +267.0k +267,000
38 SoundView Advisors Inc. 10.91% of their portfolio OLYMPIA, WA 980,896980.9k $29.6m $29.6m 10.91% Added +46.7k +46,659
39 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 968,086968.1k $29.2m $29.2m 0.05% Added +82.4k +82,382
40 Waverly Advisors, LLC 0.32% of their portfolio BIRMINGHAM, AL 967,366967.4k $29.2m $29.2m 0.32% Reduced -466.6k -466,579
41 Concord Wealth Partners 4.25% of their portfolio ABINGDON, VA 965,630965.6k $29.2m $29.2m 4.25% Added +13.9k +13,854
42 Concord Asset Management, LLC/VA 4.39% of their portfolio ABINGDON, VA 965,630965.6k $29.2m $29.2m 4.39% Added +55.6k +55,640
43 CAPITAL ADVISORS INC/OK 0.51% of their portfolio TULSA, OK 943,302943.3k $28.5m $28.5m 0.51% Added +97 +97
44 McCarthy Asset Management, Inc. 18.07% of their portfolio REDWOOD SHORES, CA 881,003881.0k $26.6m $26.6m 18.07% Added +101.3k +101,286
45 Occidental Asset Management, LLC 3.29% of their portfolio Burlingame, CA 789,909789.9k $23.8m $23.8m 3.29% Reduced -34.9k -34,931
46 Flagstone Financial Management 6.68% of their portfolio LINCOLN, NE 772,023772.0k $23.3m $23.3m 6.68% Added +46.2k +46,226
47 Litman Gregory Wealth Management LLC 1.78% of their portfolio LARKSPUR, CA 748,209748.2k $22.6m $22.6m 1.78% Reduced -126.1k -126,072
48 Horizon Investments, LLC 0.35% of their portfolio Charlotte, NC 725,125725.1k $21.9m $21.9m 0.35% Added +66.9k +66,942
49 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 721,724721.7k $21.8m $21.8m 0.00% Reduced -15.4k -15,352
50 CWM, LLC 0.08% of their portfolio OMAHA, NE 717,251717.3k $21.7m $21.7m 0.08% Added +57.0k +57,005
51 Modern Wealth Management, LLC 0.52% of their portfolio KANSAS CITY, MO 705,285705.3k $21.3m $21.3m 0.52% Added +119.6k +119,637
52 BIP Wealth, LLC 1.31% of their portfolio ATLANTA, GA 705,043705.0k $21.3m $21.3m 1.31% Added +126.1k +126,073
53 Cedar Mountain Advisors, LLC 4.39% of their portfolio LAKE OSWEGO, OR 700,164700.2k $21.1m $21.1m 4.39% Reduced -31.4k -31,389
54 Winthrop Capital Management, LLC 5.06% of their portfolio Carmel, IN 663,656663.7k $20.0m $20.0m 5.06% Added +6.4k +6,415
55 Wealthspire Retirement, LLC 1.29% of their portfolio ALISO VIEJO, CA 644,512644.5k $19.5m $19.5m 1.29% New
56 Geneos Wealth Management Inc. 0.47% of their portfolio ENGLEWOOD, CO 637,452637.5k $19.2m $19.2m 0.47% Reduced -392.7k -392,696
57 AVANTAX ADVISORY SERVICES, INC. 0.10% of their portfolio DALLAS, TX 629,356629.4k $19.0m $19.0m 0.10% Added +48.6k +48,585
58 Cherry Tree Wealth Management, LLC 4.29% of their portfolio MINNETONKA, MN 610,984611.0k $18.4m $18.4m 4.29% Reduced -24.3k -24,296
59 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 598,935598.9k $18.0m $18.0m 0.03% Reduced -11.5k -11,527
60 NorthCoast Asset Management LLC 0.07% of their portfolio STAMFORD, CT 558,568558.6k $16.9m $16.9m 0.07% Reduced -119.8k -119,778
61 Hardy Reed LLC 1.35% of their portfolio TUPELO, MS 556,678556.7k $16.8m $16.8m 1.35% Reduced -7.7k -7,658
62 MANNING & NAPIER ADVISORS LLC 0.19% of their portfolio Fairport, NY 535,603535.6k $16.2m $16.2m 0.19% Reduced -7.8k -7,753
63 M Holdings Securities, Inc. 2.77% of their portfolio PORTLAND, OR 534,908534.9k $16.1m $16.1m 2.77% Added +23.1k +23,050
64 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 531,557531.6k $16.0m $16.0m 0.01% Reduced -17.1k -17,069
65 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 493,172493.2k $14.9m $14.9m 0.02% Reduced -677 -677
66 Private Advisor Group, LLC 0.08% of their portfolio MORRISTOWN, NJ 490,929490.9k $14.8m $14.8m 0.08% Reduced -37 -37
67 HORIZON FINANCIAL SERVICES, LLC 7.80% of their portfolio WINSTON SALEM, NC 487,335487.3k $14.7m $14.7m 7.80% Reduced -8.3k -8,291
68 SWMG, LLC 4.83% of their portfolio FORT WORTH, TX 476,742476.7k $14.4m $14.4m 4.83% Reduced -96.5k -96,457
69 Saiph Capital, LLC 5.52% of their portfolio WYCKOFF, NJ 469,529469.5k $14.2m $14.2m 5.52% Added +315.0k +314,988
70 Woodside Wealth Management LLC 12.08% of their portfolio FRAMINGHAM, MA 464,851464.9k $14.0m $14.0m 12.08% Reduced -741 -741
71 Smithfield Trust Co 0.65% of their portfolio PITTSBURGH, PA 453,770453.8k $13.7m $13.7m 0.65% Reduced -28.1k -28,054
72 RED CEDAR INVESTMENT MANAGEMENT, LLC 1.72% of their portfolio GRAND RAPIDS, MI 450,568450.6k $13.6m $13.6m 1.72% Reduced -44.5k -44,465
73 Sanctuary Advisors, LLC 0.08% of their portfolio INDIANAPOLIS, IN 443,195443.2k $13.4m $13.4m 0.08% Reduced -14.5k -14,548
74 Kingsview Wealth Management, LLC 0.23% of their portfolio GRANTS PASS, OR 442,884442.9k $13.4m $13.4m 0.23% Added +1.6k +1,639
75 Dynamic Advisor Solutions LLC 0.41% of their portfolio PHOENIX, AZ 437,579437.6k $13.2m $13.2m 0.41% Added +32.7k +32,712
76 Cornerstone Management, Inc. 2.29% of their portfolio DULUTH, GA 436,472436.5k $13.2m $13.2m 2.29% Added +28.2k +28,243
77 Advisory Services Network, LLC 0.21% of their portfolio ATLANTA, GA 427,035427.0k $12.9m $12.9m 0.21% Added +12.1k +12,132
78 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 426,120426.1k $12.9m $12.9m 0.02% Added +147.0k +146,973
79 BANK OF NOVA SCOTIA 0.03% of their portfolio TORONTO, A6 425,000425.0k $12.8m $12.8m 0.03% Reduced -513.2k -513,192
80 WRAPMANAGER INC 3.12% of their portfolio MILL VALLEY, CA 424,522424.5k $12.8m $12.8m 3.12% Added +39.0k +38,977
81 Atria Investments, Inc 0.15% of their portfolio Charlotte, NC 421,198421.2k $12.7m $12.7m 0.15% Reduced -125.0k -125,019
82 SimpliFi, Inc. 5.40% of their portfolio SAN DIEGO, CA 406,241406.2k $12.3m $12.3m 5.40% Added +6.2k +6,167
83 RFG Advisory, LLC 0.28% of their portfolio BIRMINGHAM, AL 397,388397.4k $12.0m $12.0m 0.28% Added +103.9k +103,868
84 ROGCO, LP 4.51% of their portfolio CLAREMORE, OK 397,127397.1k $12.0m $12.0m 4.51% Added +3.0k +2,973
85 Kraft, Davis & Associates, LLC 3.23% of their portfolio St. Louis, MO 390,971391.0k $11.8m $11.8m 3.23% Added +11.7k +11,726
86 Pinnacle Financial Partners Inc 0.25% of their portfolio Nashville, TN 389,118389.1k $11.7m $11.7m 0.25% Added +1.9k +1,876
87 Certified Advisory Corp 1.18% of their portfolio ALTAMONTE SPRINGS, FL 374,889374.9k $11.3m $11.3m 1.18% Reduced -1 -1
88 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 365,000365.0k $11.0m $11.0m 0.00% Added +77.9k +77,895
89 Good Life Advisors, LLC 0.68% of their portfolio READING, PA 359,784359.8k $10.9m $10.9m 0.68% Added +7.3k +7,305
90 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 341,316341.3k $10.3m $10.3m 0.01% Reduced -6.0k -6,021
91 Impact Partnership Wealth, LLC 1.88% of their portfolio MARIETTA, GA 337,163337.2k $10.2m $10.2m 1.88% Added +22.4k +22,363
92 Clark Capital Management Group, Inc. 0.07% of their portfolio PHILADELPHIA, PA 330,647330.6k $10.0m $10.0m 0.07% New
93 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 330,028330.0k $10.0m $10.0m 0.00% Reduced -18.3k -18,316
94 CREATIVE FINANCIAL DESIGNS INC /ADV 0.70% of their portfolio KOKOMO, IN 322,586322.6k $9.7m $9.7m 0.70% Reduced -4.0k -3,979
95 Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio SEOUL, M5 318,290318.3k $9.6m $9.6m 0.03% Reduced -34.1k -34,060
96 Timonier Family Office, LTD. 3.47% of their portfolio WINSTON SALEM, NC 307,307307.3k $9.3m $9.3m 3.47% Added +40.9k +40,855
97 FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC 0.47% of their portfolio Greenbrae, CA 301,469301.5k $9.1m $9.1m 0.47% Added +2.0k +1,975
98 Equitable Holdings, Inc. 0.07% of their portfolio NEW YORK, NY 294,499294.5k $8.9m $8.9m 0.07% Added +39.5k +39,462
99 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 285,452285.5k $8.6m $8.6m 0.03% Reduced -178.1k -178,060
100 TRUEFG, LLC 2.55% of their portfolio CEDAR PARK, TX 284,158284.2k $8.6m $8.6m 2.55% Added +5.9k +5,941