Vault-13

SPDR SER TR SPSB

PORTFOLIO SHORT · ETP · CUSIP 78464A474

554 institutional holders -13 vs Q2 2025
193,236,301193.2m shares reported held*
$6.0bnreported value*
46 new 240 added 171 reduced 46 sold out net sold ≈ $568.7m (-19.0m 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 ($26.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $30.82.

Trends to Q3 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: 567Q3 25: 554554Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 2025554

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 23: 228 bought or addedQ4 23: 279 cut or sold outQ1 24: 247 bought or addedQ1 24: 268 cut or sold outQ1 24Q2 24: 250 bought or addedQ2 24: 234 cut or sold outQ3 24: 256 bought or addedQ3 24: 230 cut or sold outQ3 24Q4 24: 258 bought or addedQ4 24: 209 cut or sold outQ1 25: 269 bought or addedQ1 25: 242 cut or sold outQ1 25Q2 25: 265 bought or addedQ2 25: 256 cut or sold outQ3 25: 286 bought or addedQ3 25: 217 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023228279
Q1 2024247268
Q2 2024250234
Q3 2024256230
Q4 2024258209
Q1 2025269242
Q2 2025265256
Q3 2025286217

Biggest buyers

Creative Planning Added +3,401,784+3.4m
ROYAL BANK OF CANADA Added +2,820,772+2.8m
ALLSTATE CORP Added +2,181,050+2.2m
ENVESTNET ASSET MANAGEMENT INC Added +741,369+741.4k
First Command Advisory Services, Inc. Added +704,139+704.1k
MCF Advisors LLC Added +691,231+691.2k
Cetera Investment Advisers Added +655,306+655.3k
BIP Wealth, LLC Added +584,356+584.4k
Baird Financial Group, Inc. Added +574,963+575.0k
RAYMOND JAMES FINANCIAL INC Added +461,971+462.0k

Biggest sellers

JPMORGAN CHASE & CO Reduced -31,486,459-31.5m
SoundView Advisors Inc. Sold out -980,896-980.9k
Bank of New York Mellon Corp Reduced -696,847-696.8k
Rockefeller Capital Management L.P. Reduced -513,416-513.4k
M Holdings Securities, Inc. Reduced -478,414-478.4k
BANK OF NOVA SCOTIA Sold out -425,000-425.0k
RENAISSANCE TECHNOLOGIES LLC Reduced -391,283-391.3k
DEUTSCHE BANK AG\ Sold out -365,000-365.0k
Walker Financial Services, Inc. Reduced -356,837-356.8k
Waverly Advisors, LLC Reduced -262,062-262.1k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Creative Planning 1.13% of their portfolio OVERLAND PARK, KS 48,756,34848.8m $1.5bn $1.5bn 1.13% Added +3.4m +3,401,784
2 Valmark Advisers, Inc. 3.29% of their portfolio AKRON, OH 8,397,0848.4m $254.3m $254.3m 3.29% Added +373.2k +373,230
3 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 7,907,2097.9m $239.5m $239.5m 0.07% Added +384.2k +384,250
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 7,694,3687.7m $233.1m $233.1m 0.01% Added +175.3k +175,340
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 4,923,0104.9m $149.1m $149.1m 0.01% Added +5.8k +5,793
6 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 4,620,1464.6m $139.9m $139.9m 0.04% Added +741.4k +741,369
7 ALLSTATE CORP 3.03% of their portfolio NORTHBROOK, IL 4,375,5654.4m $132.5m $132.5m 3.03% Added +2.2m +2,181,050
8 Baird Financial Group, Inc. 0.21% of their portfolio MILWAUKEE, WI 4,374,2144.4m $132.5m $132.5m 0.21% Added +575.0k +574,963
9 Advisory Alpha, LLC 3.57% of their portfolio HOLLAND, MI 4,235,3564.2m $128.0m $128.0m 3.57% Added +389.8k +389,790
10 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 3,894,6503.9m $118.0m $118.0m 0.02% Added +2.8m +2,820,772
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,277,2423.3m $99.3m $99.3m 0.00% Reduced -214.8k -214,834
12 HUNTINGTON NATIONAL BANK 0.60% of their portfolio COLUMBUS, OH 3,255,3263.3m $98.6m $98.6m 0.60% Added +190.7k +190,672
13 MCF Advisors LLC 5.36% of their portfolio LEXINGTON, KY 2,888,5612.9m $87.5m $87.5m 5.36% Added +691.2k +691,231
14 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 2,407,8422.4m $72.9m $72.9m 0.01% Added +13.2k +13,185
15 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 2,176,2462.2m $65.9m $65.9m 0.01% Added +382.7k +382,714
16 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 2,154,2962.2m $65.3m $65.3m 0.02% Added +107.0k +106,951
17 Rockwood Wealth Management, LLC 5.16% of their portfolio New Hope, PA 2,132,7032.1m $64.6m $64.6m 5.16% Added +89.2k +89,156
18 RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio NEW YORK, NY 2,072,0172.1m $62.8m $62.8m 0.08% Reduced -391.3k -391,283
19 UBS Group AG 0.01% of their portfolio ZURICH, V8 2,067,1752.1m $62.6m $62.6m 0.01% Added +293.1k +293,050
20 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 1,975,2322.0m $59.8m $59.8m 0.04% Added +103.3k +103,323
21 Mariner, LLC 0.07% of their portfolio Overland Park, KS 1,689,2571.7m $51.2m $51.2m 0.07% Reduced -39.2k -39,199
22 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 1,623,3921.6m $49.2m $49.2m 0.06% Added +655.3k +655,306
23 Rodgers & Associates, LTD 5.04% of their portfolio Lancaster, PA 1,615,1931.6m $48.9m $48.9m 5.04% Added +50.3k +50,270
24 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 1,529,9251.5m $46.3m $46.3m 0.06% Added +185.8k +185,806
25 TIAA TRUST, NATIONAL ASSOCIATION 0.10% of their portfolio CHARLOTTE, NC 1,310,4571.3m $39.7m $39.7m 0.10% Reduced -23.9k -23,904
26 BIP Wealth, LLC 1.93% of their portfolio ATLANTA, GA 1,289,3991.3m $39.1m $39.1m 1.93% Added +584.4k +584,356
27 ARKANSAS FINANCIAL GROUP, INC. 5.64% of their portfolio LITTLE ROCK, AR 1,264,4311.3m $38.3m $38.3m 5.64% Added +67.5k +67,476
28 Gemmer Asset Management LLC 2.83% of their portfolio WALNUT CREEK, CA 1,156,8731.2m $35.0m $35.0m 2.83% Added +87.7k +87,709
29 Orange Investment Advisors, Inc. 3.64% of their portfolio GOSHEN, NY 1,155,2751.2m $35.0m $35.0m 3.64% Added +70.3k +70,262
30 Willow Creek Wealth Management Inc. 2.76% of their portfolio Sebastopol, CA 1,107,7561.1m $33.6m $33.6m 2.76% Added +37.2k +37,207
31 Fisher Asset Management, LLC 0.01% of their portfolio PLANO, TX 1,105,1481.1m $33.5m $33.5m 0.01% Reduced -231.4k -231,439
32 Strategic Point Investment Advisors, LLC 4.71% of their portfolio PROVIDENCE, RI 1,083,4621.1m $32.8m $32.8m 4.71% Added +23.4k +23,436
33 Strategic Wealth Partners, Ltd. 2.42% of their portfolio INDEPENDENCE, OH 1,070,0721.1m $32.4m $32.4m 2.42% Added +20.0k +19,977
34 Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 5.07% of their portfolio FORT WORTH, TX 1,041,9141.0m $31.6m $31.6m 5.07% Added +895 +895
35 CAPITAL WEALTH MANAGEMENT, LLC 10.85% of their portfolio W. WARWICK, RI 1,029,1211.0m $31.2m $31.2m 10.85% Added +12.2k +12,168
36 Concord Wealth Partners 4.28% of their portfolio ABINGDON, VA 1,024,9231.0m $31.0m $31.0m 4.28% Added +59.3k +59,293
37 Concord Asset Management, LLC/VA 5.51% of their portfolio ABINGDON, VA 1,001,0201.0m $30.3m $30.3m 5.51% Added +35.4k +35,390
38 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 993,528993.5k $30.1m $30.1m 0.01% Added +462.0k +461,971
39 Walker Financial Services, Inc. 11.45% of their portfolio BOWLING GREEN, KY 971,798971.8k $29.4m $29.4m 11.45% Reduced -356.8k -356,837
40 COHEN & STEERS, INC. 0.05% of their portfolio NEW YORK, NY 940,822940.8k $28.5m $28.5m 0.05% Reduced -60.0k -60,000
41 CAPITAL ADVISORS INC/OK 0.48% of their portfolio TULSA, OK 940,810940.8k $28.5m $28.5m 0.48% Reduced -2.5k -2,492
42 McCarthy Asset Management, Inc. 17.41% of their portfolio REDWOOD SHORES, CA 895,438895.4k $27.1m $27.1m 17.41% Added +14.4k +14,435
43 Sanctuary Advisors, LLC 0.08% of their portfolio INDIANAPOLIS, IN 888,037888.0k $26.8m $26.8m 0.08% Added +444.8k +444,842
44 Modern Wealth Management, LLC 0.49% of their portfolio KANSAS CITY, MO 821,996822.0k $24.9m $24.9m 0.49% Added +116.7k +116,711
45 Flagstone Financial Management 6.52% of their portfolio LINCOLN, NE 816,255816.3k $24.7m $24.7m 6.52% Added +44.2k +44,232
46 First Command Advisory Services, Inc. 0.18% of their portfolio FORT WORTH, TX 803,793803.8k $24.3m $24.3m 0.18% Added +704.1k +704,139
47 Occidental Asset Management, LLC 3.04% of their portfolio Burlingame, CA 799,016799.0k $24.2m $24.2m 3.04% Added +9.1k +9,107
48 Horizon Investments, LLC 0.29% of their portfolio Charlotte, NC 736,580736.6k $22.1m $22.1m 0.29% Added +11.5k +11,455
49 Wealthspire Retirement, LLC 1.41% of their portfolio ALISO VIEJO, CA 731,634731.6k $22.2m $22.2m 1.41% Added +87.1k +87,122
50 CWM, LLC 0.07% of their portfolio OMAHA, NE 719,406719.4k $21.8m $21.8m 0.07% Added +2.2k +2,155
51 Waverly Advisors, LLC 0.21% of their portfolio BIRMINGHAM, AL 705,304705.3k $21.4m $21.4m 0.21% Reduced -262.1k -262,062
52 Winthrop Capital Management, LLC 4.99% of their portfolio Carmel, IN 681,706681.7k $20.6m $20.6m 4.99% Added +18.1k +18,050
53 Cedar Mountain Advisors, LLC 4.01% of their portfolio LAKE OSWEGO, OR 679,979680.0k $20.6m $20.6m 4.01% Reduced -20.2k -20,185
54 Geneos Wealth Management Inc. 0.51% of their portfolio ENGLEWOOD, CO 661,842661.8k $20.0m $20.0m 0.51% Added +24.4k +24,390
55 Cherry Tree Wealth Management, LLC 4.26% of their portfolio MINNETONKA, MN 640,765640.8k $19.4m $19.4m 4.26% Added +29.8k +29,781
56 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 623,400623.4k $18.9m $18.9m 0.00% Reduced -31.5m -31,486,459
57 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 603,221603.2k $18.2m $18.2m 0.03% Added +4.3k +4,286
58 SWMG, LLC 5.51% of their portfolio FORT WORTH, TX 600,894600.9k $18.2m $18.2m 5.51% Added +124.2k +124,152
59 Litman Gregory Wealth Management LLC 1.34% of their portfolio LARKSPUR, CA 596,546596.5k $18.1m $18.1m 1.34% Reduced -151.7k -151,663
60 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 575,126575.1k $17.4m $17.4m 0.03% Reduced -513.4k -513,416
61 Hardy Reed LLC 1.24% of their portfolio TUPELO, MS 556,678556.7k $16.9m $16.9m 1.24% Unchanged
62 Atria Investments, Inc 0.19% of their portfolio Charlotte, NC 544,819544.8k $16.5m $16.5m 0.19% Added +123.6k +123,621
63 HORIZON FINANCIAL SERVICES, LLC 7.43% of their portfolio WINSTON SALEM, NC 514,153514.2k $15.6m $15.6m 7.43% Added +26.8k +26,818
64 MANNING & NAPIER ADVISORS LLC 0.19% of their portfolio Fairport, NY 504,406504.4k $15.3m $15.3m 0.19% Reduced -31.2k -31,197
65 NorthCoast Asset Management LLC 0.06% of their portfolio STAMFORD, CT 497,285497.3k $15.1m $15.1m 0.06% Reduced -61.3k -61,283
66 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 482,451482.5k $14.6m $14.6m 0.02% Reduced -10.7k -10,721
67 Dynamic Advisor Solutions LLC 0.42% of their portfolio PHOENIX, AZ 479,199479.2k $14.5m $14.5m 0.42% Added +41.6k +41,620
68 Woodside Wealth Management LLC 11.25% of their portfolio FRAMINGHAM, MA 470,987471.0k $14.3m $14.3m 11.25% Added +6.1k +6,136
69 Kingsview Wealth Management, LLC 0.22% of their portfolio GRANTS PASS, OR 466,205466.2k $14.1m $14.1m 0.22% Added +23.3k +23,321
70 Smithfield Trust Co 0.62% of their portfolio PITTSBURGH, PA 456,959457.0k $13.8m $13.8m 0.62% Added +3.2k +3,189
71 Saiph Capital, LLC 4.98% of their portfolio WYCKOFF, NJ 456,357456.4k $13.8m $13.8m 4.98% Reduced -13.2k -13,172
72 Cornerstone Management, Inc. 2.28% of their portfolio DULUTH, GA 454,284454.3k $13.8m $13.8m 2.28% Added +17.8k +17,812
73 RED CEDAR INVESTMENT MANAGEMENT, LLC 1.60% of their portfolio GRAND RAPIDS, MI 450,568450.6k $13.6m $13.6m 1.60% Unchanged
74 Advisory Services Network, LLC 0.20% of their portfolio ATLANTA, GA 446,824446.8k $13.5m $13.5m 0.20% Added +19.8k +19,789
75 Pinnacle Financial Partners Inc 0.32% of their portfolio Nashville, TN 439,940439.9k $13.3m $13.3m 0.32% Added +50.8k +50,822
76 ROGCO, LP 4.52% of their portfolio CLAREMORE, OK 425,212425.2k $12.9m $12.9m 4.52% Added +28.1k +28,085
77 Stratos Wealth Partners, LTD. 0.15% of their portfolio BEACHWOOD, OH 421,118421.1k $12.8m $12.8m 0.15% Added +364.2k +364,220
78 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 417,311417.3k $12.6m $12.6m 0.01% New
79 RFG Advisory, LLC 0.25% of their portfolio BIRMINGHAM, AL 405,146405.1k $12.3m $12.3m 0.25% Added +7.8k +7,758
80 SimpliFi, Inc. 5.21% of their portfolio SAN DIEGO, CA 401,874401.9k $12.2m $12.2m 5.21% Reduced -4.4k -4,367
81 Kraft, Davis & Associates, LLC 2.95% of their portfolio St. Louis, MO 401,093401.1k $12.1m $12.1m 2.95% Added +10.1k +10,122
82 Certified Advisory Corp 1.10% of their portfolio ALTAMONTE SPRINGS, FL 382,937382.9k $11.6m $11.6m 1.10% Added +8.0k +8,048
83 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 375,212375.2k $11.4m $11.4m 0.06% Reduced -115.7k -115,717
84 Timonier Family Office, LTD. 3.43% of their portfolio WINSTON SALEM, NC 345,532345.5k $10.5m $10.5m 3.43% Added +38.2k +38,225
85 Equitable Holdings, Inc. 0.08% of their portfolio NEW YORK, NY 339,476339.5k $10.3m $10.3m 0.08% Added +45.0k +44,977
86 CREATIVE FINANCIAL DESIGNS INC /ADV 0.66% of their portfolio KOKOMO, IN 323,206323.2k $9.8m $9.8m 0.66% Added +620 +620
87 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 312,894312.9k $9.5m $9.5m 0.00% Reduced -17.1k -17,134
88 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 310,664310.7k $9.4m $9.4m 0.01% Reduced -115.5k -115,456
89 FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC 0.47% of their portfolio Greenbrae, CA 303,569303.6k $9.2m $9.2m 0.47% Added +2.1k +2,100
90 WRAPMANAGER INC 2.82% of their portfolio MILL VALLEY, CA 302,492302.5k $9.2m $9.2m 2.82% Reduced -122.0k -122,030
91 Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio SEOUL, M5 300,310300.3k $9.1m $9.1m 0.03% Reduced -18.0k -17,980
92 TRUEFG, LLC 2.49% of their portfolio CEDAR PARK, TX 296,981297.0k $9.0m $9.0m 2.49% Added +12.8k +12,823
93 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 274,118274.1k $8.3m $8.3m 0.02% Reduced -11.3k -11,334
94 INTEGRITY ALLIANCE, LLC. 0.39% of their portfolio Urbandale, IA 270,911270.9k $8.2m $8.2m 0.39% Added +24.4k +24,390
95 Pacific Capital Wealth Advisors, Inc. 1.38% of their portfolio CORONA, CA 263,178263.2k $8.0m $8.0m 1.38% Added +39.3k +39,254
96 OLD MISSION CAPITAL LLC 0.28% of their portfolio CHICAGO, IL 261,854261.9k $7.9m $7.9m 0.28% Added +203.9k +203,872
97 Summit Financial, LLC 0.12% of their portfolio PARSIPPANY, NJ 251,218251.2k $7.6m $7.6m 0.12% New
98 Fortune 45 LLC 3.80% of their portfolio Gonzales, LA 247,515247.5k $7.5m $7.5m 3.80% Added +41.4k +41,388
99 QUATTRO FINANCIAL ADVISORS LLC 2.29% of their portfolio The Woodlands, TX 238,552238.6k $7.2m $7.2m 2.29% Reduced -6.9k -6,929
100 MONEY CONCEPTS CAPITAL CORP 0.44% of their portfolio PALM BEACH GARDENS, FL 235,821235.8k $7.1m $7.1m 0.44% Added +14.6k +14,582