Vault-13

SPDR SER TR SPSB

PORTFOLIO SHORT · ETP · CUSIP 78464A474

570 institutional holders +16 vs Q3 2025
201,464,007201.5m shares reported held*
$6.2bnreported value*
36 new 257 added 171 reduced 43 sold out net bought ≈ $230.4m (+7.3m 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 ($26.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $30.76.

Trends to Q4 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: 554Q4 25: 570570Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025570

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 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 25Q3 25: 286 bought or addedQ3 25: 217 cut or sold outQ4 25: 293 bought or addedQ4 25: 214 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024247268
Q2 2024250234
Q3 2024256230
Q4 2024258209
Q1 2025269242
Q2 2025265256
Q3 2025286217
Q4 2025293214

Biggest buyers

Creative Planning Added +2,148,265+2.1m
LPL Financial LLC Added +1,518,271+1.5m
WELLS FARGO & COMPANY/MN Added +1,269,768+1.3m
SoundView Advisors Inc. New +1,020,108+1.0m
MORGAN STANLEY Added +1,017,975+1.0m
Baird Financial Group, Inc. Added +802,056+802.1k
ENVESTNET ASSET MANAGEMENT INC Added +773,540+773.5k
Clark Capital Management Group, Inc. Added +751,815+751.8k
TrueMark Investments, LLC Added +488,979+489.0k
UBS Group AG Added +433,606+433.6k

Biggest sellers

RENAISSANCE TECHNOLOGIES LLC Sold out -2,072,017-2.1m
McCarthy Asset Management, Inc. Sold out -895,438-895.4k
ALLSTATE CORP Reduced -642,025-642.0k
NorthCoast Asset Management LLC Sold out -497,285-497.3k
Sanctuary Advisors, LLC Reduced -458,302-458.3k
JANE STREET GROUP, LLC Sold out -417,311-417.3k
SimpliFi, Inc. Reduced -390,137-390.1k
Stratos Wealth Partners, LTD. Reduced -307,009-307.0k
JPMORGAN CHASE & CO Reduced -269,400-269.4k
OLD MISSION CAPITAL LLC Reduced -248,934-248.9k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Creative Planning 1.10% of their portfolio OVERLAND PARK, KS 50,904,61350.9m $1.5bn $1.5bn 1.10% Added +2.1m +2,148,265
2 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 9,425,4809.4m $284.6m $284.6m 0.08% Added +1.5m +1,518,271
3 Valmark Advisers, Inc. 3.25% of their portfolio AKRON, OH 8,737,1968.7m $263.9m $263.9m 3.25% Added +340.1k +340,112
4 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 8,712,3438.7m $263.1m $263.1m 0.02% Added +1.0m +1,017,975
5 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 5,393,6865.4m $162.9m $162.9m 0.05% Added +773.5k +773,540
6 Baird Financial Group, Inc. 0.24% of their portfolio MILWAUKEE, WI 5,176,2705.2m $156.3m $156.3m 0.24% Added +802.1k +802,056
7 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 4,863,0994.9m $146.9m $146.9m 0.01% Reduced -59.9k -59,911
8 Advisory Alpha, LLC 3.59% of their portfolio HOLLAND, MI 4,365,8664.4m $131.9m $131.9m 3.59% Added +130.5k +130,510
9 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 3,879,2513.9m $117.2m $117.2m 0.02% Reduced -15.4k -15,399
10 ALLSTATE CORP 1.54% of their portfolio NORTHBROOK, IL 3,733,5403.7m $112.8m $112.8m 1.54% Reduced -642.0k -642,025
11 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 3,677,6103.7m $111.1m $111.1m 0.02% Added +1.3m +1,269,768
12 HUNTINGTON NATIONAL BANK 0.64% of their portfolio COLUMBUS, OH 3,541,3503.5m $106.9m $106.9m 0.64% Added +286.0k +286,024
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,399,6083.4m $102.7m $102.7m 0.00% Added +122.4k +122,366
14 MCF Advisors LLC 5.00% of their portfolio LEXINGTON, KY 2,997,5613.0m $90.5m $90.5m 5.00% Added +109.0k +109,000
15 UBS Group AG 0.01% of their portfolio ZURICH, V8 2,500,7812.5m $75.5m $75.5m 0.01% Added +433.6k +433,606
16 Rockwood Wealth Management, LLC 5.05% of their portfolio New Hope, PA 2,240,5422.2m $67.7m $67.7m 5.05% Added +107.8k +107,839
17 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 2,200,2262.2m $66.4m $66.4m 0.02% Added +45.9k +45,930
18 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 2,181,5662.2m $65.9m $65.9m 0.04% Added +206.3k +206,334
19 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 2,069,2642.1m $62.5m $62.5m 0.01% Reduced -107.0k -106,982
20 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 1,796,1501.8m $54.2m $54.2m 0.06% Added +172.8k +172,758
21 Mariner, LLC 0.06% of their portfolio Overland Park, KS 1,786,1001.8m $53.9m $53.9m 0.06% Added +96.8k +96,843
22 Rodgers & Associates, LTD 5.05% of their portfolio Lancaster, PA 1,650,8111.7m $49.9m $49.9m 5.05% Added +35.6k +35,618
23 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 1,541,3931.5m $46.6m $46.6m 0.07% Added +11.5k +11,468
24 BIP Wealth, LLC 1.55% of their portfolio ATLANTA, GA 1,450,6621.5m $43.8m $43.8m 1.55% Added +161.3k +161,263
25 ARKANSAS FINANCIAL GROUP, INC. 5.90% of their portfolio LITTLE ROCK, AR 1,355,0851.4m $40.9m $40.9m 5.90% Added +90.7k +90,654
26 TIAA TRUST, NATIONAL ASSOCIATION 0.10% of their portfolio CHARLOTTE, NC 1,324,1081.3m $40.0m $40.0m 0.10% Added +13.7k +13,651
27 Strategic Wealth Partners, Ltd. 2.52% of their portfolio INDEPENDENCE, OH 1,216,3591.2m $36.7m $36.7m 2.52% Added +146.3k +146,287
28 Gemmer Asset Management LLC 2.76% of their portfolio WALNUT CREEK, CA 1,187,0431.2m $35.8m $35.8m 2.76% Added +30.2k +30,170
29 Orange Investment Advisors, Inc. 3.79% of their portfolio GOSHEN, NY 1,135,2631.1m $34.3m $34.3m 3.79% Reduced -20.0k -20,012
30 Strategic Point Investment Advisors, LLC 4.71% of their portfolio PROVIDENCE, RI 1,128,1121.1m $34.1m $34.1m 4.71% Added +44.6k +44,650
31 Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 4.57% of their portfolio FORT WORTH, TX 1,126,2961.1m $34.0m $34.0m 4.57% Added +84.4k +84,382
32 CAPITAL WEALTH MANAGEMENT, LLC 10.71% of their portfolio W. WARWICK, RI 1,098,2741.1m $33.2m $33.2m 10.71% Added +69.2k +69,153
33 Concord Wealth Partners 4.17% of their portfolio ABINGDON, VA 1,062,3351.1m $32.1m $32.1m 4.17% Added +37.4k +37,412
34 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,045,2181.0m $31.6m $31.6m 0.01% Added +51.7k +51,690
35 Fisher Asset Management, LLC 0.01% of their portfolio PLANO, TX 1,040,1501.0m $31.4m $31.4m 0.01% Reduced -65.0k -64,998
36 Concord Asset Management, LLC/VA 5.40% of their portfolio ABINGDON, VA 1,033,0021.0m $31.2m $31.2m 5.40% Added +32.0k +31,982
37 SoundView Advisors Inc. 10.75% of their portfolio OLYMPIA, WA 1,020,1081.0m $30.8m $30.8m 10.75% New
38 First Command Advisory Services, Inc. 0.21% of their portfolio FORT WORTH, TX 976,410976.4k $29.5m $29.5m 0.21% Added +172.6k +172,617
39 Walker Financial Services, Inc. 10.40% of their portfolio BOWLING GREEN, KY 950,467950.5k $28.7m $28.7m 10.40% Reduced -21.3k -21,331
40 CAPITAL ADVISORS INC/OK 0.46% of their portfolio TULSA, OK 938,292938.3k $28.3m $28.3m 0.46% Reduced -2.5k -2,518
41 Clark Capital Management Group, Inc. 0.16% of their portfolio PHILADELPHIA, PA 868,819868.8k $26.2m $26.2m 0.16% Added +751.8k +751,815
42 Flagstone Financial Management 6.60% of their portfolio LINCOLN, NE 852,175852.2k $25.7m $25.7m 6.60% Added +35.9k +35,920
43 COHEN & STEERS, INC. 0.05% of their portfolio NEW YORK, NY 834,847834.8k $25.2m $25.2m 0.05% Reduced -106.0k -105,975
44 Modern Wealth Management, LLC 0.45% of their portfolio KANSAS CITY, MO 815,858815.9k $24.6m $24.6m 0.45% Reduced -6.1k -6,138
45 Occidental Asset Management, LLC 2.91% of their portfolio Burlingame, CA 801,642801.6k $24.2m $24.2m 2.91% Added +2.6k +2,626
46 Wealthspire Retirement, LLC 1.39% of their portfolio ALISO VIEJO, CA 757,882757.9k $22.9m $22.9m 1.39% Added +26.2k +26,248
47 Horizon Investments, LLC 0.29% of their portfolio Charlotte, NC 747,595747.6k $22.6m $22.6m 0.29% Added +11.0k +11,015
48 Waverly Advisors, LLC 0.18% of their portfolio BIRMINGHAM, AL 733,901733.9k $22.2m $22.2m 0.18% Added +28.6k +28,597
49 CWM, LLC 0.06% of their portfolio OMAHA, NE 705,974706.0k $21.3m $21.3m 0.06% Reduced -13.4k -13,432
50 Winthrop Capital Management, LLC 4.84% of their portfolio Carmel, IN 687,887687.9k $20.8m $20.8m 4.84% Added +6.2k +6,181
51 SWMG, LLC 5.67% of their portfolio FORT WORTH, TX 675,184675.2k $20.4m $20.4m 5.67% Added +74.3k +74,290
52 Geneos Wealth Management Inc. 0.49% of their portfolio ENGLEWOOD, CO 667,814667.8k $20.2m $20.2m 0.49% Added +6.0k +5,972
53 Cherry Tree Wealth Management, LLC 4.24% of their portfolio MINNETONKA, MN 665,617665.6k $20.1m $20.1m 4.24% Added +24.9k +24,852
54 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 659,475659.5k $19.9m $19.9m 0.03% Added +56.3k +56,254
55 Atria Investments, Inc 0.22% of their portfolio Charlotte, NC 638,633638.6k $19.3m $19.3m 0.22% Added +93.8k +93,814
56 Cedar Mountain Advisors, LLC 3.72% of their portfolio LAKE OSWEGO, OR 638,181638.2k $19.3m $19.3m 3.72% Reduced -41.8k -41,798
57 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 605,633605.6k $18.3m $18.3m 0.03% Added +30.5k +30,507
58 Hardy Reed LLC 1.23% of their portfolio TUPELO, MS 568,878568.9k $17.2m $17.2m 1.23% Added +12.2k +12,200
59 HORIZON FINANCIAL SERVICES, LLC 7.56% of their portfolio WINSTON SALEM, NC 549,960550.0k $16.6m $16.6m 7.56% Added +35.8k +35,807
60 Litman Gregory Wealth Management LLC 1.19% of their portfolio LARKSPUR, CA 538,923538.9k $16.3m $16.3m 1.19% Reduced -57.6k -57,623
61 TrueMark Investments, LLC 2.92% of their portfolio CHICAGO, IL 505,908505.9k $15.3m $15.3m 2.92% Added +489.0k +488,979
62 Advisory Services Network, LLC 0.21% of their portfolio ATLANTA, GA 490,407490.4k $14.8m $14.8m 0.21% Added +43.6k +43,583
63 Pinnacle Financial Partners, Inc. 0.11% of their portfolio ATLANTA, GA 485,436485.4k $14.7m $14.7m 0.11% First filing
64 Woodside Wealth Management LLC 10.81% of their portfolio FRAMINGHAM, MA 479,805479.8k $14.5m $14.5m 10.81% Added +8.8k +8,818
65 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 479,615479.6k $14.5m $14.5m 0.02% Reduced -2.8k -2,836
66 Kingsview Wealth Management, LLC 0.21% of their portfolio GRANTS PASS, OR 479,439479.4k $14.5m $14.5m 0.21% Added +13.2k +13,234
67 Cornerstone Management, Inc. 2.34% of their portfolio DULUTH, GA 475,691475.7k $14.4m $14.4m 2.34% Added +21.4k +21,407
68 Saiph Capital, LLC 5.05% of their portfolio WYCKOFF, NJ 465,275465.3k $14.1m $14.1m 5.05% Added +8.9k +8,918
69 Smithfield Trust Co 0.61% of their portfolio PITTSBURGH, PA 459,438459.4k $13.9m $13.9m 0.61% Added +2.5k +2,479
70 Impact Partnership Wealth, LLC 1.75% of their portfolio MARIETTA, GA 452,966453.0k $13.7m $13.7m 1.75% Added +225.7k +225,667
71 Equitable Holdings, Inc. 0.09% of their portfolio NEW YORK, NY 451,499451.5k $13.6m $13.6m 0.09% Added +112.0k +112,023
72 RED CEDAR INVESTMENT MANAGEMENT, LLC 1.47% of their portfolio GRAND RAPIDS, MI 450,568450.6k $13.6m $13.6m 1.47% Unchanged
73 ROGCO, LP 4.43% of their portfolio CLAREMORE, OK 443,186443.2k $13.4m $13.4m 4.43% Added +18.0k +17,974
74 MANNING & NAPIER ADVISORS LLC 0.17% of their portfolio Fairport, NY 438,476438.5k $13.2m $13.2m 0.17% Reduced -65.9k -65,930
75 Sanctuary Advisors, LLC 0.07% of their portfolio INDIANAPOLIS, IN 429,735429.7k $13.0m $13.0m 0.07% Reduced -458.3k -458,302
76 RFG Advisory, LLC 0.24% of their portfolio BIRMINGHAM, AL 418,306418.3k $12.6m $12.6m 0.24% Added +13.2k +13,160
77 Kraft, Davis & Associates, LLC 2.75% of their portfolio St. Louis, MO 405,520405.5k $12.3m $12.3m 2.75% Added +4.4k +4,427
78 Certified Advisory Corp 1.03% of their portfolio ALTAMONTE SPRINGS, FL 375,619375.6k $11.3m $11.3m 1.03% Reduced -7.3k -7,318
79 Timonier Family Office, LTD. 3.53% of their portfolio WINSTON SALEM, NC 367,857367.9k $11.1m $11.1m 3.53% Added +22.3k +22,325
80 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 354,000354.0k $10.7m $10.7m 0.00% Reduced -269.4k -269,400
81 CREATIVE FINANCIAL DESIGNS INC /ADV 0.65% of their portfolio KOKOMO, IN 340,760340.8k $10.3m $10.3m 0.65% Added +17.6k +17,554
82 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 337,752337.8k $10.2m $10.2m 0.05% Reduced -37.5k -37,460
83 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 326,295326.3k $9.9m $9.9m 0.01% Added +15.6k +15,631
84 TRUEFG, LLC 2.44% of their portfolio CEDAR PARK, TX 301,143301.1k $9.1m $9.1m 2.44% Added +4.2k +4,162
85 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 300,739300.7k $9.1m $9.1m 0.00% Reduced -12.2k -12,155
86 Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio SEOUL, M5 296,110296.1k $8.9m $8.9m 0.02% Reduced -4.2k -4,200
87 LIGHTHOUSE FINANCIAL SERVICES INC /ADV 2.04% of their portfolio BREA, CA 293,997294.0k $8.9m $8.9m 2.04% First filing
88 FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC 0.45% of their portfolio Greenbrae, CA 293,054293.1k $8.9m $8.9m 0.45% Reduced -10.5k -10,515
89 WRAPMANAGER INC 2.90% of their portfolio MILL VALLEY, CA 283,814283.8k $8.6m $8.6m 2.90% Reduced -18.7k -18,678
90 Financial Management, Inc. 8.01% of their portfolio LITTLE ROCK, AR 279,071279.1k $8.4m $8.4m 8.01% First filing
91 Wellington Grp LLC 2.73% of their portfolio INDIANAPOLIS, IN 271,588271.6k $8.2m $8.2m 2.73% First filing
92 INTEGRITY ALLIANCE, LLC. 0.30% of their portfolio Urbandale, IA 269,639269.6k $8.1m $8.1m 0.30% Reduced -1.3k -1,272
93 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 267,624267.6k $8.1m $8.1m 0.01% Added +219.4k +219,422
94 DAVENPORT & Co LLC 0.04% of their portfolio RICHMOND, VA 264,605264.6k $8.0m $8.0m 0.04% Added +33.8k +33,774
95 Pacific Capital Wealth Advisors, Inc. 1.36% of their portfolio CORONA, CA 263,003263.0k $7.9m $7.9m 1.36% Reduced -175 -175
96 Fortune 45 LLC 3.75% of their portfolio Gonzales, LA 259,640259.6k $7.8m $7.8m 3.75% Added +12.1k +12,125
97 Climber Capital SA 4.88% of their portfolio NYON, V8 251,969252.0k $7.5m $7.5m 4.88% First filing
98 COURIER CAPITAL LLC 0.42% of their portfolio BUFFALO, NY 249,887249.9k $7.5m $7.5m 0.42% Added +17.3k +17,299
99 MONEY CONCEPTS CAPITAL CORP 0.42% of their portfolio PALM BEACH GARDENS, FL 247,395247.4k $7.5m $7.5m 0.42% Added +11.6k +11,574
100 ELEVATION POINT WEALTH PARTNERS, LLC 0.36% of their portfolio DENVER, CO 245,974246.0k $7.4m $7.4m 0.36% Added +29.2k +29,206