Vault-13

SPDR SERIES TRUST SPYV

PRTFLO S&P500 VL · ETP · CUSIP 78464A508

1,061 institutional holders +9 vs Q2 2025
458,002,191458.0m shares reported held*
$25.3bnreported value*
69 new 445 added 350 reduced 49 sold out net bought ≈ $1.8bn (+33.1m 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 ($124.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $55.33. Options: 14 managers hold calls ($763.6m notional), 1 hold puts ($636.3k).

Trends to Q3 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: 1,052Q3 25: 1,0611,061Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 20251,061

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 23: 411 bought or addedQ4 23: 299 cut or sold outQ1 24: 451 bought or addedQ1 24: 358 cut or sold outQ1 24Q2 24: 467 bought or addedQ2 24: 333 cut or sold outQ3 24: 513 bought or addedQ3 24: 343 cut or sold outQ3 24Q4 24: 492 bought or addedQ4 24: 383 cut or sold outQ1 25: 522 bought or addedQ1 25: 406 cut or sold outQ1 25Q2 25: 533 bought or addedQ2 25: 393 cut or sold outQ3 25: 514 bought or addedQ3 25: 399 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023411299
Q1 2024451358
Q2 2024467333
Q3 2024513343
Q4 2024492383
Q1 2025522406
Q2 2025533393
Q3 2025514399

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ4 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 0.00Q3 25 calls: $763.6mQ3 25 puts: $636.3kQ3 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2024$687.9m$92.1k0.00
Q1 2025$782.2m$1.4m0.00
Q2 2025$780.6m$1.2m0.00
Q3 2025$763.6m$636.3k0.00

Biggest buyers

GOLDMAN SACHS GROUP INC Added +19,386,067+19.4m
JPMORGAN CHASE & CO Added +7,721,558+7.7m
VANTAGEPOINT INVESTMENT ADVISERS LLC New +4,463,460+4.5m
Allworth Financial LP Added +2,682,951+2.7m
LPL Financial LLC Added +1,299,977+1.3m
WELLINGTON MANAGEMENT GROUP LLP New +1,244,355+1.2m
Willis Johnson & Associates, Inc. Added +826,017+826.0k
Thrivent Financial for Lutherans Added +672,177+672.2k
UBS Group AG Added +662,367+662.4k
Financial Engines Advisors L.L.C. Added +642,820+642.8k

Biggest sellers

ROYAL BANK OF CANADA Reduced -5,012,566-5.0m
Bank of New York Mellon Corp Reduced -2,143,841-2.1m
Horizon Investments, LLC Reduced -1,115,276-1.1m
MORGAN STANLEY Reduced -827,100-827.1k
ELEVATION POINT WEALTH PARTNERS, LLC Sold out -815,592-815.6k
FRANKLIN RESOURCES INC Reduced -682,287-682.3k
Scarborough Advisors, LLC Reduced -560,801-560.8k
ENVESTNET ASSET MANAGEMENT INC Reduced -556,431-556.4k
Integrated Capital Management, LLC Sold out -419,637-419.6k
Visionary Wealth Advisors Reduced -349,326-349.3k

Biggest calls

SIMPLEX TRADING, LLC Added $394.5m5.3m shares
Optiver Holding B.V. Reduced $123.5m2.0m shares
IMC-Chicago, LLC Added $102.8m1.5m shares
JPMORGAN CHASE & CO Reduced $63.6m811.8k shares
Thomist Capital Management, LP New $55.1m870.0k shares
GROUP ONE TRADING LLC Added $10.6m165.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.3m95.6k shares
Maven Securities LTD Reduced $3.7m57.8k shares
CenterStar Asset Management, LLC Added $2.1m19.4k shares
CITADEL ADVISORS LLC Reduced $1.1m19.0k shares

Biggest puts

LPL Financial LLC Added $636.3k11.5k 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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Financial Engines Advisors L.L.C. 8.63% of their portfolio SANTA CLARA, CA 81,729,36281.7m $4.5bn $4.5bn 8.63% Added +642.8k +642,820
2 LPL Financial LLC 0.75% of their portfolio FORT MILL, SC 46,442,55546.4m $2.6bn $2.6bn 0.75% Added +1.3m +1,299,977
3 GOLDMAN SACHS GROUP INC 0.18% of their portfolio NEW YORK, NY 22,225,12822.2m $1.2bn $1.2bn 0.18% Added +19.4m +19,386,067
4 Allworth Financial LP 4.73% of their portfolio FOLSOM, CA 19,313,08119.3m $1.1bn $1.1bn 4.73% Added +2.7m +2,682,951
5 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 14,913,19614.9m $825.1m $825.1m 0.03% Added +7.7m +7,721,558
6 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 8,969,1299.0m $496.3m $496.3m 0.03% Reduced -827.1k -827,100
7 AMERIPRISE FINANCIAL INC 0.11% of their portfolio MINNEAPOLIS, MN 8,575,6478.6m $474.6m $474.6m 0.11% Added +304.6k +304,642
8 Valmark Advisers, Inc. 6.09% of their portfolio AKRON, OH 8,508,2578.5m $470.8m $470.8m 6.09% Added +236.6k +236,642
9 UBS Group AG 0.08% of their portfolio ZURICH, V8 7,272,3637.3m $402.4m $402.4m 0.08% Added +662.4k +662,367
10 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 6,637,4386.6m $367.2m $367.2m 0.03% Added +159.0k +158,976
11 RAYMOND JAMES FINANCIAL INC 0.11% of their portfolio ST. PETERSBURG, FL 5,924,1775.9m $327.8m $327.8m 0.11% Added +103.1k +103,125
12 Advisory Alpha, LLC 8.67% of their portfolio HOLLAND, MI 5,608,1995.6m $311.1m $311.1m 8.67% Added +394.4k +394,409
13 Willis Johnson & Associates, Inc. 17.89% of their portfolio Houston, TX 5,218,9475.2m $288.8m $288.8m 17.89% Added +826.0k +826,017
14 Equitable Holdings, Inc. 1.98% of their portfolio NEW YORK, NY 4,871,5504.9m $269.5m $269.5m 1.98% Reduced -7.7k -7,720
15 Dynasty Wealth Management, LLC 3.50% of their portfolio ST. PETERSBURG, FL 4,732,9224.7m $261.9m $261.9m 3.50% Added +543.7k +543,699
16 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.39% of their portfolio PLYMOUTH, MN 4,598,4694.6m $256.3m $256.3m 0.39% Added +142.0k +141,958
17 Quotient Wealth Partners, LLC 6.89% of their portfolio DALLAS, TX 4,546,3374.5m $251.5m $251.5m 6.89% Added +162.2k +162,236
18 VANTAGEPOINT INVESTMENT ADVISERS LLC 2.02% of their portfolio WASHINGTON, DC 4,463,4604.5m $247.0m $247.0m 2.02% New
19 NorthRock Partners, LLC 4.44% of their portfolio MINNEAPOLIS, MN 4,436,6794.4m $245.5m $245.5m 4.44% Reduced -188.8k -188,845
20 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 4,334,3044.3m $239.8m $239.8m 0.04% Reduced -5.0m -5,012,566
21 TIAA TRUST, NATIONAL ASSOCIATION 0.58% of their portfolio CHARLOTTE, NC 4,330,0274.3m $239.6m $239.6m 0.58% Added +506.8k +506,795
22 Cetera Investment Advisers 0.26% of their portfolio SCHAUMBURG, IL 4,107,9264.1m $227.3m $227.3m 0.26% Added +398.0k +397,977
23 CWM, LLC 0.68% of their portfolio OMAHA, NE 4,074,4394.1m $225.4m $225.4m 0.68% Reduced -113.9k -113,881
24 OSAIC HOLDINGS, INC. 0.28% of their portfolio SCOTTSDALE, AZ 3,657,1093.7m $200.3m $200.3m 0.28% Reduced -70.4k -70,444
25 Horizon Investments, LLC 2.65% of their portfolio Charlotte, NC 3,641,7823.6m $201.5m $201.5m 2.65% Reduced -1.1m -1,115,276
26 ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio Berwyn, PA 3,626,4523.6m $200.7m $200.7m 0.06% Reduced -556.4k -556,431
27 Cerity Partners LLC 0.31% of their portfolio NEW YORK, NY 3,472,5643.5m $192.1m $192.1m 0.31% Added +16.9k +16,921
28 Connecticut Wealth Management, LLC 8.48% of their portfolio FARMINGTON, CT 3,453,8493.5m $191.1m $191.1m 8.48% Added +402.5k +402,517
29 NICOLET ADVISORY SERVICES, LLC 13.74% of their portfolio GREEN BAY, WI 3,169,4643.2m $176.6m $176.6m 13.74% Added +37.9k +37,887
30 AE Wealth Management LLC 1.10% of their portfolio TOPEKA, KS 3,117,9923.1m $172.5m $172.5m 1.10% Added +509.2k +509,151
31 Private Advisor Group, LLC 0.78% of their portfolio MORRISTOWN, NJ 2,881,0832.9m $159.4m $159.4m 0.78% Reduced -44.0k -43,971
32 HighTower Advisors, LLC 0.16% of their portfolio CHICAGO, IL 2,487,6162.5m $137.6m $137.6m 0.16% Added +94.8k +94,820
33 Betterment LLC 0.26% of their portfolio NEW YORK, NY 2,411,8152.4m $133.4m $133.4m 0.26% Reduced -100.3k -100,259
34 Gerber Kawasaki Wealth & Investment Management 4.36% of their portfolio SANTA MONICA, CA 2,293,9182.3m $126.9m $126.9m 4.36% Added +197.3k +197,320
35 Lutz Financial Services LLC 9.08% of their portfolio OMAHA, NE 2,266,4282.3m $125.4m $125.4m 9.08% Added +59.7k +59,654
36 Octavia Wealth Advisors, LLC 11.71% of their portfolio CINCINNATI, OH 2,126,0142.1m $117.6m $117.6m 11.71% Added +61.2k +61,196
37 STIFEL FINANCIAL CORP 0.10% of their portfolio ST. LOUIS, MO 2,035,4442.0m $112.6m $112.6m 0.10% Reduced -75.3k -75,297
38 Mariner, LLC 0.14% of their portfolio Overland Park, KS 2,020,0002.0m $111.8m $111.8m 0.14% Added +86.1k +86,061
39 First National Trust Co 3.69% of their portfolio Johnstown, PA 1,948,7491.9m $107.8m $107.8m 3.69% Reduced -155.2k -155,191
40 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.07% of their portfolio MILWAUKEE, WI 1,929,3541.9m $106.8m $106.8m 0.07% Added +115.4k +115,380
41 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,913,9321.9m $105.9m $105.9m 0.02% Added +240.0k +240,041
42 ANGELES WEALTH MANAGEMENT, LLC 6.40% of their portfolio SANTA MONICA, CA 1,886,0261.9m $104.4m $104.4m 6.40% Added +103.0k +103,044
43 AlphaStar Capital Management, LLC 8.46% of their portfolio CORNELIUS, NC 1,774,5281.8m $98.2m $98.2m 8.46% Reduced -105.6k -105,582
44 Magnus Financial Group LLC 7.59% of their portfolio NEW YORK, NY 1,735,3781.7m $96.0m $96.0m 7.59% Reduced -35.2k -35,198
45 KWB Wealth 9.42% of their portfolio REDLANDS, CA 1,628,6421.6m $85.2m $85.2m 9.42% Added +159.1k +159,093
46 OLD NATIONAL BANCORP /IN/ 1.54% of their portfolio EVANSVILLE, IN 1,625,5701.6m $89.9m $89.9m 1.54% Added +12.3k +12,311
47 COMMONWEALTH EQUITY SERVICES, LLC 0.11% of their portfolio WALTHAM, MA 1,575,1891.6m $87.2m $87.2m 0.11% Added +90.2k +90,236
48 Bell Bank 3.77% of their portfolio FARGO, ND 1,571,9231.6m $87.0m $87.0m 3.77% Added +55.7k +55,728
49 SIMON QUICK ADVISORS, LLC 3.89% of their portfolio MORRISTOWN, NJ 1,554,5931.6m $86.0m $86.0m 3.89% Reduced -18.4k -18,420
50 BENJAMIN EDWARDS INC 0.95% of their portfolio Clayton, MO 1,514,0541.5m $83.8m $83.8m 0.95% Reduced -82.8k -82,756
51 N.E.W. Advisory Services LLC 6.93% of their portfolio DE PERE, WI 1,401,3391.4m $77.5m $77.5m 6.93% Added +28.9k +28,862
52 IHT Wealth Management, LLC 1.95% of their portfolio Chicago, IL 1,391,7831.4m $77.0m $77.0m 1.95% Added +52.7k +52,706
53 FOUNDERS FINANCIAL SECURITIES LLC 4.91% of their portfolio TOWSON, MD 1,305,0421.3m $72.2m $72.2m 4.91% Added +319.1k +319,103
54 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 1,244,3551.2m $68.9m $68.9m 0.01% New
55 FLPUTNAM INVESTMENT MANAGEMENT CO 1.00% of their portfolio PORTLAND, ME 1,209,6941.2m $66.9m $66.9m 1.00% Reduced -21.4k -21,377
56 Klingman & Associates, LLC 3.33% of their portfolio New York, NY 1,194,2101.2m $66.1m $66.1m 3.33% Reduced -2.0k -1,958
57 FLAGSHIP HARBOR ADVISORS, LLC 2.82% of their portfolio BOSTON, MA 1,171,3961.2m $64.8m $64.8m 2.82% Added +25.9k +25,884
58 Sanctuary Advisors, LLC 0.19% of their portfolio INDIANAPOLIS, IN 1,154,7941.2m $61.8m $61.8m 0.19% Added +549.7k +549,680
59 EXCHANGE TRADED CONCEPTS, LLC 0.60% of their portfolio Oklahoma City, OK 1,132,0541.1m $62.6m $62.6m 0.60% Added +437.0k +436,971
60 NICOLET BANKSHARES INC 9.41% of their portfolio GREEN BAY, WI 1,058,7111.1m $58.6m $58.6m 9.41% Reduced -47.5k -47,539
61 FMR LLC 0.00% of their portfolio BOSTON, MA 1,045,6451.0m $57.9m $57.9m 0.00% Reduced -15.6k -15,629
62 CoreCap Advisors, LLC 2.08% of their portfolio SOUTHFIELD, MI 1,035,6561.0m $57.3m $57.3m 2.08% Added +34.0k +34,050
63 Integrated Wealth Concepts LLC 0.51% of their portfolio WALTHAM, MA 1,035,5491.0m $57.3m $57.3m 0.51% Added +35.1k +35,107
64 DIVERSIFY WEALTH MANAGEMENT, LLC 3.30% of their portfolio SANDY, UT 1,023,2711.0m $57.2m $57.2m 3.30% Added +112.8k +112,799
65 Strategic Financial Concepts, LLC 8.05% of their portfolio SAN ANTONIO, TX 1,000,9721.0m $55.4m $55.4m 8.05% Added +11.2k +11,198
66 Compton Financial Group, LLC 13.32% of their portfolio TOWSON, MD 999,9831,000.0k $55.3m $55.3m 13.32% Added +27.6k +27,586
67 Corient Private Wealth LP 0.09% of their portfolio MIAMI, FL 987,312987.3k $54.3m $54.3m 0.09% Added +48.8k +48,837
68 MML INVESTORS SERVICES, LLC 0.15% of their portfolio SPRINGFIELD, MA 983,800983.8k $54.4m $54.4m 0.15% Added +74.0k +74,021
69 Facet Wealth, Inc. 1.10% of their portfolio WEST PALM BEACH, FL 964,290964.3k $53.4m $53.4m 1.10% Reduced -31.5k -31,519
70 Cambridge Investment Research Advisors, Inc. 0.15% of their portfolio FAIRFIELD, IA 954,320954.3k $52.8m $52.8m 0.15% Reduced -2.3k -2,265
71 Whitcomb & Hess, Inc. 12.87% of their portfolio ASHLAND, OH 904,840904.8k $50.1m $50.1m 12.87% Added +19.3k +19,310
72 CGN Advisors LLC 4.00% of their portfolio MANHATTAN, KS 879,811879.8k $48.7m $48.7m 4.00% Added +49.2k +49,194
73 NOTTINGHAM ADVISORS, INC. 6.35% of their portfolio AMHERST, NY 826,973827.0k $45.8m $45.8m 6.35% Added +15.2k +15,189
74 CREATIVE FINANCIAL DESIGNS INC /ADV 3.07% of their portfolio KOKOMO, IN 825,846825.8k $45.7m $45.7m 3.07% Added +36.7k +36,687
75 Modern Wealth Management, LLC 0.89% of their portfolio KANSAS CITY, MO 812,694812.7k $45.0m $45.0m 0.89% Reduced -24.2k -24,222
76 Perennial Investment Advisors, LLC 3.66% of their portfolio Los Angeles, CA 801,338801.3k $44.3m $44.3m 3.66% Reduced -18.4k -18,436
77 Arrow Financial Corp 4.44% of their portfolio Glens Falls, NY 784,684784.7k $43.4m $43.4m 4.44% Reduced -14.9k -14,880
78 BALANCED WEALTH GROUP LLC 17.79% of their portfolio WESTLAKE, OH 767,979768.0k $40.5m $40.5m 17.79% Reduced -2.2k -2,217
79 Accredited Investors Inc. 2.37% of their portfolio EDINA, MN 767,507767.5k $42.5m $42.5m 2.37% Reduced -21.0k -20,976
80 Cynosure Group, LLC 2.27% of their portfolio Salt Lake City, UT 750,972751.0k $41.6m $41.6m 2.27% Added +380.5k +380,518
81 Gladstone Institutional Advisory LLC 1.56% of their portfolio Bedminster, NJ 729,887729.9k $40.4m $40.4m 1.56% Reduced -36.6k -36,569
82 Tennessee Valley Asset Management Partners 5.36% of their portfolio KNOXVILLE, TN 713,274713.3k $39.5m $39.5m 5.36% Added +1.3k +1,337
83 Constellation Investments, Inc. 1.84% of their portfolio MONTGOMERY, OH 712,000712.0k $39.4m $39.4m 1.84% Unchanged
84 VICUS CAPITAL 2.97% of their portfolio STATE COLLEGE, PA 702,972703.0k $38.9m $38.9m 2.97% Added +57.5k +57,529
85 Creative Planning 0.03% of their portfolio OVERLAND PARK, KS 700,034700.0k $38.7m $38.7m 0.03% Added +43.5k +43,525
86 WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV 6.29% of their portfolio BERMUDA RUN, NC 699,503699.5k $38.7m $38.7m 6.29% Added +1.5k +1,530
87 JONES FINANCIAL COMPANIES LLLP 0.03% of their portfolio DES PERES, MO 693,640693.6k $38.2m $38.2m 0.03% Added +80.7k +80,698
88 COURIER CAPITAL LLC 2.19% of their portfolio BUFFALO, NY 690,706690.7k $38.2m $38.2m 2.19% Added +28.6k +28,560
89 Convergence Financial, LLC 5.71% of their portfolio COLUMBIA, MO 687,832687.8k $38.1m $38.1m 5.71% Added +133.7k +133,654
90 Thrivent Financial for Lutherans 0.07% of their portfolio Minneapolis, MN 686,964687.0k $38.0m $38.0m 0.07% Added +672.2k +672,177
91 MONECO ADVISORS, LLC 3.06% of their portfolio FAIRFIELD, CT 661,469661.5k $36.6m $36.6m 3.06% Added +49.7k +49,661
92 Avior Wealth Management, LLC 1.18% of their portfolio OMAHA, NE 660,474660.5k $36.5m $36.5m 1.18% Added +41.1k +41,113
93 Koss-Olinger Consulting, LLC 2.83% of their portfolio GAINESVILLE, FL 655,164655.2k $34.3m $34.3m 2.83% Reduced -6.0k -6,049
94 ERn Financial, LLC 7.04% of their portfolio MIDDLETON, WI 644,527644.5k $35.7m $35.7m 7.04% Added +64.8k +64,828
95 PRUDENTIAL FINANCIAL INC 0.04% of their portfolio NEWARK, NJ 641,725641.7k $35.5m $35.5m 0.04% Reduced -41.7k -41,701
96 Dakota Wealth Management 0.70% of their portfolio PALM BEACH GARDENS, FL 628,645628.6k $34.8m $34.8m 0.70% Reduced -6.9k -6,913
97 Janney Montgomery Scott LLC 0.08% of their portfolio PHILADELPHIA, PA 626,446626.4k $34.7m $34.7m 0.08% Reduced -167.6k -167,555
98 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.48% of their portfolio ST. LOUIS, MO 610,475610.5k $33.8m $33.8m 0.48% Reduced -75.4k -75,353
99 Higgins & Schmidt Wealth Strategies LLC 16.44% of their portfolio DENVER, CO 588,198588.2k $32.5m $32.5m 16.44% Added +23.8k +23,762
100 Hills Bank & Trust Co 1.90% of their portfolio North Liberty, IA 584,785584.8k $32.4m $32.4m 1.90% Added +109.7k +109,724