Vault-13

SPDR SERIES TRUST SPYV

PRTFLO S&P500 VL · ETP · CUSIP 78464A508

1,052 institutional holders +30 vs Q1 2025
428,417,592428.4m shares reported held*
$22.4bnreported value*
79 new 454 added 347 reduced 46 sold out net bought ≈ $516.0m (-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 ($96.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $52.34. Options: 15 managers hold calls ($780.6m notional), 3 hold puts ($1.2m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 603Q4 22: 710Q1 23: 689Q2 23: 722Q3 23: 727Q4 23: 841Q1 24: 856Q2 24: 902Q3 24: 960Q4 24: 1,026Q1 25: 1,022Q2 25: 1,0521,052Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022603
Q4 2022710
Q1 2023689
Q2 2023722
Q3 2023727
Q4 2023841
Q1 2024856
Q2 2024902
Q3 2024960
Q4 20241,026
Q1 20251,022
Q2 20251,052

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ3 23: 366 bought or addedQ3 23: 307 cut or sold outQ4 23: 411 bought or addedQ4 23: 299 cut or sold outQ4 23Q1 24: 451 bought or addedQ1 24: 358 cut or sold outQ2 24: 467 bought or addedQ2 24: 333 cut or sold outQ2 24Q3 24: 513 bought or addedQ3 24: 343 cut or sold outQ4 24: 492 bought or addedQ4 24: 383 cut or sold outQ4 24Q1 25: 522 bought or addedQ1 25: 406 cut or sold outQ2 25: 533 bought or addedQ2 25: 393 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023366307
Q4 2023411299
Q1 2024451358
Q2 2024467333
Q3 2024513343
Q4 2024492383
Q1 2025522406
Q2 2025533393

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ3 24 calls: $790.6mQ3 24 puts: $2.0mQ3 24P/C 0.00Q4 24 calls: $687.9mQ4 24 puts: $92.1kQ4 24P/C 0.00Q1 25 calls: $782.2mQ1 25 puts: $1.4mQ1 25P/C 0.00Q2 25 calls: $780.6mQ2 25 puts: $1.2mQ2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$790.6m$2.0m0.00
Q4 2024$687.9m$92.1k0.00
Q1 2025$782.2m$1.4m0.00
Q2 2025$780.6m$1.2m0.00

Biggest buyers

ROYAL BANK OF CANADA Added +5,126,881+5.1m
LPL Financial LLC Added +2,350,130+2.4m
Financial Engines Advisors L.L.C. Added +2,276,767+2.3m
GOLDMAN SACHS GROUP INC Added +1,415,010+1.4m
Strategic Financial Concepts, LLC Added +965,401+965.4k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +921,933+921.9k
TIAA TRUST, NATIONAL ASSOCIATION Added +895,188+895.2k
EXCHANGE TRADED CONCEPTS, LLC New +695,083+695.1k
AE Wealth Management LLC Added +480,559+480.6k
Cetera Investment Advisers Added +464,938+464.9k

Biggest sellers

Demars Financial Group, LLC Reduced -17,324,316-17.3m
TOWNSQUARE CAPITAL LLC Reduced -3,363,080-3.4m
FRANKLIN RESOURCES INC Reduced -3,249,170-3.2m
AMERIPRISE FINANCIAL INC Reduced -709,317-709.3k
Bank of New York Mellon Corp Reduced -676,917-676.9k
Thrivent Financial for Lutherans Reduced -602,370-602.4k
Geneos Wealth Management Inc. Reduced -564,954-565.0k
Roberts Financial Services LLC Reduced -545,608-545.6k
ELEVATION POINT WEALTH PARTNERS, LLC Reduced -537,392-537.4k
N.E.W. Advisory Services LLC Reduced -527,633-527.6k

Biggest calls

SIMPLEX TRADING, LLC Reduced $327.9m4.8m shares
JPMORGAN CHASE & CO Added $162.2m2.7m shares
Optiver Holding B.V. Reduced $123.7m2.1m shares
IMC-Chicago, LLC Reduced $86.6m1.4m shares
GARDA CAPITAL PARTNERS LP Added $32.8m552.7k shares
Maven Securities LTD Added $16.7m263.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $8.7m166.2k shares
GROUP ONE TRADING LLC Added $7.7m127.8k shares
CITADEL ADVISORS LLC Added $6.0m114.1k shares
JANE STREET GROUP, LLC Added $4.7m89.8k shares

Biggest puts

LPL Financial LLC Added $533.9k10.2k shares
CITADEL ADVISORS LLC Reduced $450.1k8.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $225.1k4.3k 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Financial Engines Advisors L.L.C. 8.47% of their portfolio SANTA CLARA, CA 81,086,54281.1m $4.2bn $4.2bn 8.47% Added +2.3m +2,276,767
2 LPL Financial LLC 0.79% of their portfolio FORT MILL, SC 45,142,57845.1m $2.4bn $2.4bn 0.79% Added +2.4m +2,350,130
3 Allworth Financial LP 4.18% of their portfolio FOLSOM, CA 16,630,13016.6m $870.4m $870.4m 4.18% Added +422.6k +422,591
4 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 9,796,2299.8m $512.7m $512.7m 0.03% Reduced -13.1k -13,078
5 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 9,346,8709.3m $489.2m $489.2m 0.05% Added +5.1m +5,126,881
6 Valmark Advisers, Inc. 6.03% of their portfolio AKRON, OH 8,271,6158.3m $432.9m $432.9m 6.03% Added +326.6k +326,580
7 AMERIPRISE FINANCIAL INC 0.11% of their portfolio MINNEAPOLIS, MN 8,271,0058.3m $432.9m $432.9m 0.11% Reduced -709.3k -709,317
8 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 7,191,6387.2m $376.4m $376.4m 0.03% Added +390.6k +390,643
9 UBS Group AG 0.07% of their portfolio ZURICH, V8 6,609,9966.6m $346.0m $346.0m 0.07% Reduced -108.9k -108,943
10 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 6,478,4626.5m $339.1m $339.1m 0.03% Added +337.5k +337,506
11 RAYMOND JAMES FINANCIAL INC 0.10% of their portfolio ST. PETERSBURG, FL 5,821,0525.8m $304.7m $304.7m 0.10% Added +80.5k +80,477
12 Advisory Alpha, LLC 8.50% of their portfolio HOLLAND, MI 5,213,7905.2m $272.9m $272.9m 8.50% Added +189.7k +189,720
13 Equitable Holdings, Inc. 2.11% of their portfolio NEW YORK, NY 4,879,2704.9m $255.4m $255.4m 2.11% Added +442.4k +442,360
14 Horizon Investments, LLC 3.94% of their portfolio Charlotte, NC 4,757,0584.8m $249.0m $249.0m 3.94% Reduced -302.5k -302,542
15 NorthRock Partners, LLC 6.31% of their portfolio MINNEAPOLIS, MN 4,625,5244.6m $242.1m $242.1m 6.31% Added +180.5k +180,503
16 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.39% of their portfolio PLYMOUTH, MN 4,456,5114.5m $237.1m $237.1m 0.39% Added +921.9k +921,933
17 Willis Johnson & Associates, Inc. 15.63% of their portfolio Houston, TX 4,392,9304.4m $229.9m $229.9m 15.63% Added +259.6k +259,579
18 Quotient Wealth Partners, LLC 6.75% of their portfolio DALLAS, TX 4,384,1014.4m $229.5m $229.5m 6.75% Added +164.7k +164,658
19 Dynasty Wealth Management, LLC 3.74% of their portfolio ST. PETERSBURG, FL 4,189,2234.2m $219.3m $219.3m 3.74% Reduced -204.9k -204,912
20 CWM, LLC 0.77% of their portfolio OMAHA, NE 4,188,3204.2m $219.2m $219.2m 0.77% Added +102.7k +102,684
21 ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio Berwyn, PA 4,182,8834.2m $218.9m $218.9m 0.06% Reduced -320.6k -320,550
22 TIAA TRUST, NATIONAL ASSOCIATION 0.52% of their portfolio CHARLOTTE, NC 3,823,2323.8m $200.1m $200.1m 0.52% Added +895.2k +895,188
23 OSAIC HOLDINGS, INC. 0.35% of their portfolio SCOTTSDALE, AZ 3,727,5533.7m $195.1m $195.1m 0.35% Reduced -156.7k -156,688
24 Cetera Investment Advisers 0.33% of their portfolio SCHAUMBURG, IL 3,709,9493.7m $194.2m $194.2m 0.33% Added +464.9k +464,938
25 Cerity Partners LLC 0.32% of their portfolio NEW YORK, NY 3,455,6433.5m $180.9m $180.9m 0.32% Added +17.2k +17,182
26 NICOLET ADVISORY SERVICES, LLC 13.89% of their portfolio GREEN BAY, WI 3,131,5773.1m $163.2m $163.2m 13.89% Added +153.1k +153,086
27 Connecticut Wealth Management, LLC 7.60% of their portfolio FARMINGTON, CT 3,051,3323.1m $159.7m $159.7m 7.60% Added +313.1k +313,144
28 Private Advisor Group, LLC 0.82% of their portfolio MORRISTOWN, NJ 2,925,0542.9m $153.1m $153.1m 0.82% Reduced -486.5k -486,463
29 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 2,839,0612.8m $148.6m $148.6m 0.02% Added +1.4m +1,415,010
30 AE Wealth Management LLC 1.00% of their portfolio TOPEKA, KS 2,608,8412.6m $136.5m $136.5m 1.00% Added +480.6k +480,559
31 Betterment LLC 0.28% of their portfolio NEW YORK, NY 2,512,0742.5m $131.5m $131.5m 0.28% Reduced -62.8k -62,758
32 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 2,500,4252.5m $130.9m $130.9m 0.02% Reduced -676.9k -676,917
33 HighTower Advisors, LLC 0.16% of their portfolio CHICAGO, IL 2,392,7962.4m $125.2m $125.2m 0.16% Reduced -71.9k -71,918
34 Lutz Financial Services LLC 8.97% of their portfolio OMAHA, NE 2,206,7742.2m $115.5m $115.5m 8.97% Reduced -1.2k -1,175
35 STIFEL FINANCIAL CORP 0.11% of their portfolio ST. LOUIS, MO 2,110,7412.1m $110.5m $110.5m 0.11% Added +277.2k +277,201
36 First National Trust Co 4.12% of their portfolio Johnstown, PA 2,103,9402.1m $110.1m $110.1m 4.12% Added +141.8k +141,753
37 Gerber Kawasaki Wealth & Investment Management 4.24% of their portfolio SANTA MONICA, CA 2,096,5982.1m $109.7m $109.7m 4.24% Added +83.7k +83,683
38 Octavia Wealth Advisors, LLC 12.29% of their portfolio CINCINNATI, OH 2,064,8182.1m $108.1m $108.1m 12.29% Added +69.9k +69,940
39 Mariner, LLC 0.15% of their portfolio Overland Park, KS 1,933,9391.9m $101.2m $101.2m 0.15% Added +111.9k +111,858
40 AlphaStar Capital Management, LLC 6.92% of their portfolio CORNELIUS, NC 1,880,1101.9m $98.4m $98.4m 6.92% Added +346.0k +345,951
41 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.07% of their portfolio MILWAUKEE, WI 1,813,9741.8m $94.9m $94.9m 0.07% Added +283.0k +282,999
42 ANGELES WEALTH MANAGEMENT, LLC 6.40% of their portfolio SANTA MONICA, CA 1,782,9821.8m $93.3m $93.3m 6.40% Reduced -134.8k -134,761
43 Magnus Financial Group LLC 8.14% of their portfolio NEW YORK, NY 1,770,5761.8m $92.7m $92.7m 8.14% Added +46.3k +46,301
44 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,673,8911.7m $87.6m $87.6m 0.02% Added +58.8k +58,830
45 OLD NATIONAL BANCORP /IN/ 1.50% of their portfolio EVANSVILLE, IN 1,613,2591.6m $84.4m $84.4m 1.50% Reduced -74.0k -73,980
46 BENJAMIN EDWARDS INC 1.06% of their portfolio Clayton, MO 1,596,8101.6m $83.6m $83.6m 1.06% Added +310.3k +310,336
47 SIMON QUICK ADVISORS, LLC 4.17% of their portfolio MORRISTOWN, NJ 1,573,0131.6m $82.3m $82.3m 4.17% Reduced -223.1k -223,127
48 Bell Bank 3.70% of their portfolio FARGO, ND 1,516,1951.5m $79.4m $79.4m 3.70% Added +74.2k +74,226
49 COMMONWEALTH EQUITY SERVICES, LLC 0.10% of their portfolio WALTHAM, MA 1,484,9531.5m $77.7m $77.7m 0.10% Added +77.8k +77,774
50 KWB Wealth 9.12% of their portfolio REDLANDS, CA 1,469,5491.5m $75.0m $75.0m 9.12% Reduced -50.3k -50,310
51 N.E.W. Advisory Services LLC 6.97% of their portfolio DE PERE, WI 1,372,4771.4m $71.8m $71.8m 6.97% Reduced -527.6k -527,633
52 IHT Wealth Management, LLC 1.93% of their portfolio Chicago, IL 1,339,0771.3m $70.1m $70.1m 1.93% Added +149.4k +149,395
53 Good Life Advisors, LLC 4.20% of their portfolio READING, PA 1,284,4161.3m $67.2m $67.2m 4.20% Reduced -43.2k -43,153
54 FLPUTNAM INVESTMENT MANAGEMENT CO 1.11% of their portfolio PORTLAND, ME 1,231,0711.2m $64.4m $64.4m 1.11% Reduced -40.6k -40,571
55 Klingman & Associates, LLC 3.45% of their portfolio New York, NY 1,196,1681.2m $62.6m $62.6m 3.45% Added +64.1k +64,134
56 FLAGSHIP HARBOR ADVISORS, LLC 2.84% of their portfolio BOSTON, MA 1,145,5121.1m $60.0m $60.0m 2.84% Reduced -329.0k -328,953
57 Scarborough Advisors, LLC 11.49% of their portfolio ANNAPOLIS, MD 1,106,7451.1m $57.9m $57.9m 11.49% Added +314.3k +314,341
58 NICOLET BANKSHARES INC 10.00% of their portfolio GREEN BAY, WI 1,106,2501.1m $57.9m $57.9m 10.00% Added +22.5k +22,461
59 FMR LLC 0.00% of their portfolio BOSTON, MA 1,061,2741.1m $55.5m $55.5m 0.00% Reduced -44.8k -44,794
60 CoreCap Advisors, LLC 2.11% of their portfolio SOUTHFIELD, MI 1,001,6061.0m $52.4m $52.4m 2.11% Added +54.1k +54,101
61 Integrated Wealth Concepts LLC 0.53% of their portfolio WALTHAM, MA 1,000,4421.0m $52.4m $52.4m 0.53% Added +246.8k +246,755
62 Facet Wealth, Inc. 1.20% of their portfolio WEST PALM BEACH, FL 995,809995.8k $52.6m $52.6m 1.20% Reduced -232.1k -232,082
63 Strategic Financial Concepts, LLC 7.29% of their portfolio SAN ANTONIO, TX 989,774989.8k $51.8m $51.8m 7.29% Added +965.4k +965,401
64 FOUNDERS FINANCIAL SECURITIES LLC 3.92% of their portfolio TOWSON, MD 985,939985.9k $51.6m $51.6m 3.92% Added +89.0k +89,037
65 Compton Financial Group, LLC 13.24% of their portfolio TOWSON, MD 972,397972.4k $50.9m $50.9m 13.24% Added +236.6k +236,573
66 Cambridge Investment Research Advisors, Inc. 0.15% of their portfolio FAIRFIELD, IA 956,585956.6k $50.1m $50.1m 0.15% Added +34.6k +34,607
67 Corient Private Wealth LP 0.07% of their portfolio MIAMI, FL 938,475938.5k $49.1m $49.1m 0.07% Added +35.3k +35,280
68 DIVERSIFY WEALTH MANAGEMENT, LLC 3.02% of their portfolio SANDY, UT 910,472910.5k $48.9m $48.9m 3.02% Added +99.1k +99,147
69 MML INVESTORS SERVICES, LLC 0.14% of their portfolio SPRINGFIELD, MA 909,779909.8k $47.6m $47.6m 0.14% Added +152.2k +152,159
70 Whitcomb & Hess, Inc. 13.07% of their portfolio ASHLAND, OH 885,530885.5k $46.3m $46.3m 13.07% Added +13.4k +13,429
71 Modern Wealth Management, LLC 1.08% of their portfolio KANSAS CITY, MO 836,916836.9k $43.8m $43.8m 1.08% Reduced -470.0k -469,975
72 CGN Advisors LLC 3.88% of their portfolio MANHATTAN, KS 830,617830.6k $43.5m $43.5m 3.88% Added +62.7k +62,652
73 Perennial Investment Advisors, LLC 4.16% of their portfolio Los Angeles, CA 819,774819.8k $42.9m $42.9m 4.16% Added +64.9k +64,905
74 ELEVATION POINT WEALTH PARTNERS, LLC 3.33% of their portfolio DENVER, CO 815,592815.6k $42.7m $42.7m 3.33% Reduced -537.4k -537,392
75 NOTTINGHAM ADVISORS, INC. 6.30% of their portfolio AMHERST, NY 811,784811.8k $42.5m $42.5m 6.30% Reduced -32.7k -32,655
76 Arrow Financial Corp 4.41% of their portfolio Glens Falls, NY 799,564799.6k $41.8m $41.8m 4.41% Added +3.7k +3,717
77 Janney Montgomery Scott LLC 0.11% of their portfolio PHILADELPHIA, PA 794,001794.0k $41.6m $41.6m 0.11% Reduced -280.8k -280,811
78 CREATIVE FINANCIAL DESIGNS INC /ADV 2.97% of their portfolio KOKOMO, IN 789,159789.2k $41.3m $41.3m 2.97% Reduced -456 -456
79 Accredited Investors Inc. 2.44% of their portfolio EDINA, MN 788,483788.5k $41.3m $41.3m 2.44% Reduced -38.5k -38,485
80 BALANCED WEALTH GROUP LLC 17.63% of their portfolio WESTLAKE, OH 770,196770.2k $40.6m $40.6m 17.63% Added +30.9k +30,929
81 Gladstone Institutional Advisory LLC 1.66% of their portfolio Bedminster, NJ 766,456766.5k $40.1m $40.1m 1.66% Added +41.7k +41,700
82 Constellation Investments, Inc. 1.72% of their portfolio MONTGOMERY, OH 712,000712.0k $37.3m $37.3m 1.72% Unchanged
83 Tennessee Valley Asset Management Partners 9.46% of their portfolio KNOXVILLE, TN 711,937711.9k $37.3m $37.3m 9.46% Added +21.6k +21,637
84 WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV 6.71% of their portfolio BERMUDA RUN, NC 697,973698.0k $36.5m $36.5m 6.71% Added +4.3k +4,255
85 EXCHANGE TRADED CONCEPTS, LLC 0.46% of their portfolio Oklahoma City, OK 695,083695.1k $36.4m $36.4m 0.46% New
86 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 689,238689.2k $36.1m $36.1m 0.01% Reduced -3.2m -3,249,170
87 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.51% of their portfolio ST. LOUIS, MO 685,828685.8k $35.9m $35.9m 0.51% Added +124.3k +124,297
88 PRUDENTIAL FINANCIAL INC 0.05% of their portfolio NEWARK, NJ 683,426683.4k $35.8m $35.8m 0.05% Unchanged
89 COURIER CAPITAL LLC 2.10% of their portfolio BUFFALO, NY 662,146662.1k $34.7m $34.7m 2.10% Added +51.4k +51,419
90 Koss-Olinger Consulting, LLC 2.84% of their portfolio GAINESVILLE, FL 661,213661.2k $34.6m $34.6m 2.84% Added +64.0k +64,033
91 Creative Planning 0.03% of their portfolio OVERLAND PARK, KS 656,509656.5k $34.4m $34.4m 0.03% Reduced -29.3k -29,325
92 VICUS CAPITAL 2.81% of their portfolio STATE COLLEGE, PA 645,443645.4k $33.8m $33.8m 2.81% Added +60.1k +60,081
93 Dakota Wealth Management 0.70% of their portfolio PALM BEACH GARDENS, FL 635,558635.6k $33.3m $33.3m 0.70% Added +178.8k +178,758
94 Avior Wealth Management, LLC 1.12% of their portfolio OMAHA, NE 619,361619.4k $32.4m $32.4m 1.12% Added +12.2k +12,189
95 JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio DES PERES, MO 612,942612.9k $31.9m $31.9m 0.02% Added +313.2k +313,194
96 MONECO ADVISORS, LLC 2.98% of their portfolio FAIRFIELD, CT 611,808611.8k $32.0m $32.0m 2.98% Added +70.1k +70,087
97 Envestnet Portfolio Solutions, Inc. 0.12% of their portfolio BERWYN, PA 605,651605.7k $31.7m $31.7m 0.12% Reduced -188.2k -188,150
98 Sanctuary Advisors, LLC 0.20% of their portfolio INDIANAPOLIS, IN 605,114605.1k $31.7m $31.7m 0.20% Added +115.4k +115,392
99 Avantax Planning Partners, Inc. 0.96% of their portfolio DUBUQUE, IA 580,273580.3k $30.4m $30.4m 0.96% Added +70.8k +70,769
100 ERn Financial, LLC 6.40% of their portfolio MIDDLETON, WI 579,699579.7k $30.3m $30.3m 6.40% Added +22.5k +22,491