Vault-13

SPDR SERIES TRUST SPYV

PRTFLO S&P500 VL · ETP · CUSIP 78464A508

841 institutional holders +114 vs Q3 2023
392,384,374392.4m shares reported held*
$18.3bnreported value*
85 new 326 added 266 reduced 33 sold out net bought ≈ $2.9bn (+61.9m 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 ($50.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.61. Options: 14 managers hold calls ($2.0bn notional), 2 hold puts ($270.5k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 603Q4 22: 710Q1 23: 689Q2 23: 722Q3 23: 727Q4 23: 841841Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022603
Q4 2022710
Q1 2023689
Q2 2023722
Q3 2023727
Q4 2023841

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q4 22: 397 bought or addedQ4 22: 230 cut or sold outQ4 22Q1 23: 316 bought or addedQ1 23: 337 cut or sold outQ1 23Q2 23: 355 bought or addedQ2 23: 304 cut or sold outQ2 23Q3 23: 366 bought or addedQ3 23: 307 cut or sold outQ3 23Q4 23: 411 bought or addedQ4 23: 299 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022397230
Q1 2023316337
Q2 2023355304
Q3 2023366307
Q4 2023411299

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bn$2bnQ1 23 calls: $1.1bnQ1 23 puts: $969.3kQ1 23P/C 0.00Q2 23 calls: $652.5mQ2 23 puts: $617.4kQ2 23P/C 0.00Q3 23 calls: $1.2bnQ3 23 puts: $659.3kQ3 23P/C 0.00Q4 23 calls: $2.0bnQ4 23 puts: $270.5kQ4 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2023$1.1bn$969.3k0.00
Q2 2023$652.5m$617.4k0.00
Q3 2023$1.2bn$659.3k0.00
Q4 2023$2.0bn$270.5k0.00

Biggest buyers

MORGAN STANLEY Added +10,047,389+10.0m
ENVESTNET ASSET MANAGEMENT INC Added +8,776,348+8.8m
JPMORGAN CHASE & CO Added +7,011,631+7.0m
Clark Capital Management Group, Inc. Added +4,394,417+4.4m
Horizon Investments, LLC Added +3,644,097+3.6m
LPL Financial LLC Added +3,171,837+3.2m
AMERIPRISE FINANCIAL INC Added +2,606,681+2.6m
OSAIC HOLDINGS, INC. Added +2,206,352+2.2m
NorthRock Partners, LLC Added +1,856,729+1.9m
ROYAL BANK OF CANADA Added +1,828,929+1.8m

Biggest sellers

Hamilton Capital, LLC Reduced -3,069,577-3.1m
Alesco Advisors, LLC, An ESL Co Reduced -1,678,217-1.7m
AlphaStar Capital Management, LLC Reduced -505,428-505.4k
SVB WEALTH LLC Reduced -490,997-491.0k
KWB Wealth Reduced -306,759-306.8k
NICOLET ADVISORY SERVICES, LLC Reduced -300,993-301.0k
Cambridge Investment Research Advisors, Inc. Reduced -281,888-281.9k
NWAM LLC Reduced -215,986-216.0k
Fortune 45 LLC Reduced -194,986-195.0k
SteelPeak Wealth, LLC Reduced -152,860-152.9k

Biggest calls

SIMPLEX TRADING, LLC Added $649.9m10.0m shares
Twin Tree Management, LP Reduced $413.5m7.9m shares
JANE STREET GROUP, LLC Added $374.6m6.6m shares
JPMORGAN CHASE & CO Added $196.0m3.7m shares
CTC LLC Added $121.0m23.1k shares
Optiver Holding B.V. Added $90.6m1.7m shares
IMC-Chicago, LLC Reduced $80.0m1.4m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $8.0m170.8k shares
Marathon Trading Investment Management LLC Added $7.0m133.5k shares
CITADEL ADVISORS LLC Reduced $6.6m142.5k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $270.5k5.8k shares
Cutler Group LLC / CA Added $03.0k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Financial Engines Advisors L.L.C. 8.19% of their portfolio SANTA CLARA, CA 74,423,54974.4m $3.5bn $3.5bn 8.19% Added +939.7k +939,703
2 LPL Financial LLC 0.89% of their portfolio FORT MILL, SC 31,296,43931.3m $1.5bn $1.5bn 0.89% Added +3.2m +3,171,837
3 Allworth Financial LP 6.62% of their portfolio FOLSOM, CA 18,556,75518.6m $865.3m $865.3m 6.62% Added +807.7k +807,687
4 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 17,450,84817.5m $813.7m $813.7m 0.04% Added +10.0m +10,047,389
5 ENVESTNET ASSET MANAGEMENT INC 0.25% of their portfolio Berwyn, PA 13,117,50213.1m $611.7m $611.7m 0.25% Added +8.8m +8,776,348
6 Horizon Investments, LLC 10.89% of their portfolio Charlotte, NC 8,391,4088.4m $391.3m $391.3m 10.89% Added +3.6m +3,644,097
7 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 7,490,8987.5m $349.3m $349.3m 0.02% Added +7.0m +7,011,631
8 Valmark Advisers, Inc. 6.42% of their portfolio AKRON, OH 7,355,0607.4m $343.0m $343.0m 6.42% Reduced -24.3k -24,309
9 OSAIC HOLDINGS, INC. 0.59% of their portfolio SCOTTSDALE, AZ 7,276,4517.3m $339.4m $339.4m 0.59% Added +2.2m +2,206,352
10 UBS Group AG 0.12% of their portfolio ZURICH, V8 6,520,7576.5m $304.1m $304.1m 0.12% Added +442.7k +442,720
11 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 5,459,3665.5m $254.6m $254.6m 0.03% Added +110.6k +110,589
12 AMERIPRISE FINANCIAL INC 0.07% of their portfolio MINNEAPOLIS, MN 5,353,3945.4m $249.7m $249.7m 0.07% Added +2.6m +2,606,681
13 Raymond James Financial Services Advisors, Inc. 0.35% of their portfolio ST. PETERSBURG, FL 4,636,5154.6m $216.2m $216.2m 0.35% Added +866.1k +866,145
14 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 4,498,6864.5m $209.8m $209.8m 0.05% Added +1.8m +1,828,929
15 Clark Capital Management Group, Inc. 1.68% of their portfolio PHILADELPHIA, PA 4,409,1734.4m $205.6m $205.6m 1.68% Added +4.4m +4,394,417
16 CWM, LLC 1.09% of their portfolio OMAHA, NE 4,344,7684.3m $202.6m $202.6m 1.09% Added +792.0k +792,047
17 Bank of New York Mellon Corp 0.04% of their portfolio NEW YORK, NY 3,983,2084.0m $185.7m $185.7m 0.04% Added +1.1m +1,137,404
18 NorthRock Partners, LLC 7.68% of their portfolio MINNEAPOLIS, MN 3,928,3873.9m $183.2m $183.2m 7.68% Added +1.9m +1,856,729
19 FRANKLIN RESOURCES INC 0.08% of their portfolio San Mateo, CA 3,676,2393.7m $171.4m $171.4m 0.08% Added +297.7k +297,749
20 Willis Johnson & Associates, Inc. 16.33% of their portfolio Houston, TX 3,645,9233.6m $170.0m $170.0m 16.33% Added +124.3k +124,283
21 Betterment LLC 0.45% of their portfolio NEW YORK, NY 3,364,3613.4m $156.9m $156.9m 0.45% Added +520.4k +520,428
22 Advisory Alpha, LLC 7.15% of their portfolio HOLLAND, MI 3,346,4093.3m $156.0m $156.0m 7.15% Added +109.5k +109,504
23 TIAA TRUST, NATIONAL ASSOCIATION 0.50% of their portfolio CHARLOTTE, NC 3,210,1293.2m $149.7m $149.7m 0.50% Added +351.7k +351,707
24 NICOLET ADVISORY SERVICES, LLC 15.54% of their portfolio GREEN BAY, WI 3,098,7803.1m $144.5m $144.5m 15.54% Reduced -301.0k -300,993
25 Cerity Partners LLC 0.48% of their portfolio NEW YORK, NY 3,087,5683.1m $144.0m $144.0m 0.48% Added +110.7k +110,662
26 Equitable Holdings, Inc. 1.72% of their portfolio NEW YORK, NY 2,998,7803.0m $139.8m $139.8m 1.72% Added +274.8k +274,790
27 TOWNSQUARE CAPITAL LLC 1.91% of their portfolio Lehi, UT 2,386,0772.4m $111.3m $111.3m 1.91% Added +86.0k +86,028
28 Quotient Wealth Partners, LLC 4.27% of their portfolio DALLAS, TX 2,358,7742.4m $110.0m $110.0m 4.27% First filing
29 Mariner, LLC 0.26% of their portfolio Overland Park, KS 2,325,0502.3m $108.4m $108.4m 0.26% Added +68.7k +68,674
30 Connecticut Wealth Management, LLC 6.22% of their portfolio FARMINGTON, CT 2,322,2282.3m $108.3m $108.3m 6.22% Added +102.6k +102,559
31 First National Trust Co 4.71% of their portfolio Johnstown, PA 2,299,9972.3m $107.2m $107.2m 4.71% Added +1.4m +1,413,786
32 Private Advisor Group, LLC 0.80% of their portfolio MORRISTOWN, NJ 2,220,6602.2m $103.5m $103.5m 0.80% Added +334.1k +334,068
33 Lutz Financial Services LLC 9.66% of their portfolio OMAHA, NE 2,207,1372.2m $102.9m $102.9m 9.66% Added +100.8k +100,849
34 Financial Gravity Asset Management, Inc. 1.02% of their portfolio Lakeway, TX 2,031,4732.0m $91.7m $91.7m 1.02% Added +153.8k +153,826
35 AE Wealth Management LLC 0.48% of their portfolio TOPEKA, KS 2,021,6162.0m $94.7m $94.7m 0.48% Reduced -70.2k -70,215
36 SIMON QUICK ADVISORS, LLC 7.91% of their portfolio MORRISTOWN, NJ 1,917,8061.9m $89.4m $89.4m 7.91% Added +8.5k +8,456
37 Cetera Advisor Networks LLC 0.45% of their portfolio EL SEGUNDO, CA 1,750,7041.8m $81.6m $81.6m 0.45% Added +234.8k +234,799
38 HighTower Advisors, LLC 0.14% of their portfolio CHICAGO, IL 1,749,4461.7m $81.6m $81.6m 0.14% Added +127.5k +127,460
39 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.22% of their portfolio PLYMOUTH, MN 1,656,5041.7m $77.2m $77.2m 0.22% Reduced -91.2k -91,246
40 FLPUTNAM INVESTMENT MANAGEMENT CO 1.82% of their portfolio PORTLAND, ME 1,651,6301.7m $77.0m $77.0m 1.82% Added +1.2m +1,174,068
41 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,638,5721.6m $76.4m $76.4m 0.02% Added +402.3k +402,335
42 OLD NATIONAL BANCORP /IN/ 1.93% of their portfolio EVANSVILLE, IN 1,574,2661.6m $73.4m $73.4m 1.93% Added +67.3k +67,258
43 N.E.W. Advisory Services LLC 8.74% of their portfolio DE PERE, WI 1,550,7261.6m $72.3m $72.3m 8.74% Added +1.2m +1,167,566
44 Roberts Financial Services LLC 15.53% of their portfolio MARQUETTE, MI 1,543,5081.5m $72.0m $72.0m 15.53% Added +21.8k +21,779
45 Gerber Kawasaki Wealth & Investment Management 4.18% of their portfolio SANTA MONICA, CA 1,498,8471.5m $69.9m $69.9m 4.18% Added +224.2k +224,222
46 Magnus Financial Group LLC 9.07% of their portfolio NEW YORK, NY 1,482,8831.5m $69.1m $69.1m 9.07% Added +12.9k +12,861
47 KWB Wealth 9.72% of their portfolio REDLANDS, CA 1,444,7311.4m $67.4m $67.4m 9.72% Reduced -306.8k -306,759
48 Orion Porfolio Solutions, LLC 0.73% of their portfolio OMAHA, NE 1,345,6511.3m $63.2m $63.2m 0.73% Added +1.3m +1,291,334
49 Orion Portfolio Solutions, LLC 0.73% of their portfolio Omaha, NE 1,345,6511.3m $63.2m $63.2m 0.73% Added +1.3m +1,291,334
50 ANGELES WEALTH MANAGEMENT, LLC 7.60% of their portfolio SANTA MONICA, CA 1,337,8561.3m $62.4m $62.4m 7.60% Added +30.6k +30,587
51 Janney Montgomery Scott LLC 0.19% of their portfolio PHILADELPHIA, PA 1,275,4141.3m $59.5m $59.5m 0.19% Added +75.6k +75,644
52 Provenance Wealth Advisors, LLC 7.80% of their portfolio FORT LAUDERDALE, FL 1,241,7991.2m $57.9m $57.9m 7.80% Added +1.2m +1,236,588
53 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,229,3801.2m $57.3m $57.3m 0.02% Added +23.4k +23,391
54 FLAGSHIP HARBOR ADVISORS, LLC 4.16% of their portfolio BOSTON, MA 1,227,5441.2m $57.2m $57.2m 4.16% Added +8.2k +8,247
55 NOTTINGHAM ADVISORS, INC. 6.74% of their portfolio AMHERST, NY 1,200,4891.2m $48.3m $48.3m 6.74% Reduced -7.0k -6,962
56 CoreCap Advisors, LLC 3.53% of their portfolio SOUTHFIELD, MI 1,173,6601.2m $54.7m $54.7m 3.53% Reduced -14.0k -14,047
57 Klingman & Associates, LLC 3.96% of their portfolio New York, NY 1,157,1721.2m $54.0m $54.0m 3.96% Reduced -5.9k -5,916
58 AlphaStar Capital Management, LLC 4.91% of their portfolio CORNELIUS, NC 1,154,3461.2m $53.8m $53.8m 4.91% Reduced -505.4k -505,428
59 Arrow Financial Corp 5.52% of their portfolio Glens Falls, NY 1,141,9181.1m $53.2m $53.2m 5.52% Added +383 +383
60 MERCER GLOBAL ADVISORS INC /ADV 0.16% of their portfolio DENVER, CO 1,129,7771.1m $52.7m $52.7m 0.16% Reduced -76.7k -76,732
61 FMR LLC 0.00% of their portfolio BOSTON, MA 1,111,0931.1m $51.8m $51.8m 0.00% Reduced -20.8k -20,760
62 NICOLET BANKSHARES INC 13.92% of their portfolio GREEN BAY, WI 1,108,9081.1m $51.7m $51.7m 13.92% Reduced -12.1k -12,108
63 COMMONWEALTH EQUITY SERVICES, LLC 0.09% of their portfolio WALTHAM, MA 1,072,7881.1m $50.0m $50.0m 0.09% Added +98.3k +98,290
64 Envestnet Portfolio Solutions, Inc. 0.21% of their portfolio BERWYN, PA 1,069,6331.1m $49.9m $49.9m 0.21% Added +390.5k +390,496
65 Tennessee Valley Asset Management Partners 6.65% of their portfolio KNOXVILLE, TN 1,045,8841.0m $48.8m $48.8m 6.65% Added +533.8k +533,835
66 Alera Investment Advisors, LLC 6.17% of their portfolio DEERFIELD, IL 1,012,5251.0m $47.2m $47.2m 6.17% Reduced -21.6k -21,626
67 STIFEL FINANCIAL CORP 0.06% of their portfolio ST. LOUIS, MO 979,507979.5k $45.7m $45.7m 0.06% Added +61.9k +61,882
68 Accredited Investors Inc. 3.17% of their portfolio EDINA, MN 958,876958.9k $44.7m $44.7m 3.17% Reduced -59.8k -59,789
69 Good Life Advisors, LLC 4.39% of their portfolio READING, PA 951,184951.2k $44.4m $44.4m 4.39% Added +338.3k +338,281
70 Whitcomb & Hess, Inc. 14.99% of their portfolio ASHLAND, OH 935,686935.7k $43.6m $43.6m 14.99% Reduced -1.6k -1,596
71 Cambridge Investment Research Advisors, Inc. 0.18% of their portfolio FAIRFIELD, IA 929,238929.2k $43.3m $43.3m 0.18% Reduced -281.9k -281,888
72 Alesco Advisors, LLC, An ESL Co 1.48% of their portfolio Pittsford, NY 903,292903.3k $42.1m $42.1m 1.48% Reduced -1.7m -1,678,217
73 FOUNDERS FINANCIAL SECURITIES LLC 4.60% of their portfolio TOWSON, MD 888,936888.9k $41.5m $41.5m 4.60% Added +93.1k +93,107
74 Perennial Investment Advisors, LLC 6.73% of their portfolio Los Angeles, CA 868,012868.0k $40.5m $40.5m 6.73% Reduced -74.5k -74,545
75 Compton Financial Group, LLC 14.21% of their portfolio TOWSON, MD 861,463861.5k $40.2m $40.2m 14.21% Reduced -6.6k -6,599
76 Facet Wealth, Inc. 1.50% of their portfolio WEST PALM BEACH, FL 833,900833.9k $39.2m $39.2m 1.50% Reduced -4.1k -4,116
77 Cetera Investment Advisers 0.31% of their portfolio SCHAUMBURG, IL 819,037819.0k $38.2m $38.2m 0.31% Added +239.7k +239,659
78 PRUDENTIAL FINANCIAL INC 0.05% of their portfolio NEWARK, NJ 750,133750.1k $35.0m $35.0m 0.05% Added +58.1k +58,126
79 BIP Wealth, LLC 2.73% of their portfolio ATLANTA, GA 742,839742.8k $34.6m $34.6m 2.73% Reduced -40.7k -40,686
80 Measured Wealth Private Client Group, LLC 12.42% of their portfolio PORTSMOUTH, NH 723,034723.0k $33.7m $33.7m 12.42% Reduced -23.7k -23,663
81 CREATIVE FINANCIAL DESIGNS INC /ADV 3.29% of their portfolio KOKOMO, IN 694,121694.1k $32.4m $32.4m 3.29% Added +57.8k +57,804
82 Avantax Planning Partners, Inc. 1.23% of their portfolio DUBUQUE, IA 689,818689.8k $32.2m $32.2m 1.23% Added +68.1k +68,116
83 Corient Private Wealth LP 0.06% of their portfolio MIAMI, FL 686,127686.1k $32.0m $32.0m 0.06% Reduced -18.5k -18,548
84 BALANCED WEALTH GROUP LLC 15.57% of their portfolio WESTLAKE, OH 642,534642.5k $30.0m $30.0m 15.57% First filing
85 IHT Wealth Management, LLC 1.31% of their portfolio Chicago, IL 631,592631.6k $29.5m $29.5m 1.31% Reduced -36.6k -36,553
86 MML INVESTORS SERVICES, LLC 0.13% of their portfolio SPRINGFIELD, MA 609,868609.9k $28.4m $28.4m 0.13% Added +168.0k +168,022
87 SIGNET FINANCIAL MANAGEMENT, LLC 4.24% of their portfolio PARSIPPANY, NJ 607,952608.0k $28.3m $28.3m 4.24% Added +2.4k +2,353
88 INSPIRION WEALTH ADVISORS, LLC 5.04% of their portfolio LIBERTYVILLE, IL 595,650595.6k $28.0m $28.0m 5.04% Reduced -9.3k -9,259
89 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 589,876589.9k $27.5m $27.5m 0.02% Added +44.2k +44,161
90 BENJAMIN F. EDWARDS & COMPANY, INC. 0.55% of their portfolio ST. LOUIS, MO 588,764588.8k $27.5m $27.5m 0.55% Added +58.4k +58,425
91 Edmonds Duncan Registered Investment Advisors, LLC 7.10% of their portfolio LAWRENCE, KS 586,148586.1k $27.3m $27.3m 7.10% Added +38.9k +38,914
92 WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV 7.85% of their portfolio BERMUDA RUN, NC 577,739577.7k $26.9m $26.9m 7.85% Reduced -144.0k -143,955
93 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 556,033556.0k $25.9m $25.9m 0.00% Reduced -940 -940
94 Brookstone Capital Management 0.50% of their portfolio WHEATON, IL 553,058553.1k $25.8m $25.8m 0.50% Reduced -97.6k -97,605
95 Choice Wealth Advisors LLC 15.87% of their portfolio WATERVILLE, ME 549,564549.6k $25.6m $25.6m 15.87% Reduced -24.9k -24,936
96 MERITAGE PORTFOLIO MANAGEMENT 1.66% of their portfolio OVERLAND PARK, KS 539,194539.2k $25.1m $25.1m 1.66% Added +303.9k +303,892
97 RIVERSEDGE ADVISORS, LLC 6.86% of their portfolio Wilmington, DE 536,637536.6k $25.0m $25.0m 6.86% Reduced -1.4k -1,377
98 First Command Advisory Services, Inc. 0.28% of their portfolio FORT WORTH, TX 517,604517.6k $24.2m $24.2m 0.28% Added +15.8k +15,759
99 VICUS CAPITAL 2.44% of their portfolio STATE COLLEGE, PA 516,848516.8k $24.1m $24.1m 2.44% Reduced -13.9k -13,936
100 Sanchez Wealth Management Group 8.48% of their portfolio JACKSONVILLE, FL 499,249499.2k $23.3m $23.3m 8.48% Reduced -11.0k -10,970