Vault-13

SPDR SERIES TRUST SPYV

PRTFLO S&P500 VL · ETP · CUSIP 78464A508

1,182 institutional holders +22 vs Q4 2025
470,843,152470.8m shares reported held*
$26.6bnreported value*
76 new 474 added 421 reduced 56 sold out net sold ≈ $452.5m (-8.0m 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 ($144.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $56.59. Options: 10 managers hold calls ($631.9m notional), 3 hold puts ($1.0m).

Trends to Q1 2026

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: 1,061Q4 25: 1,160Q1 26: 1,1821,182Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q4 20251,160
Q1 20261,182

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 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 25Q4 25: 589 bought or addedQ4 25: 377 cut or sold outQ1 26: 550 bought or addedQ1 26: 477 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024467333
Q3 2024513343
Q4 2024492383
Q1 2025522406
Q2 2025533393
Q3 2025514399
Q4 2025589377
Q1 2026550477

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ2 25 calls: $780.6mQ2 25 puts: $1.2mQ2 25P/C 0.00Q3 25 calls: $763.6mQ3 25 puts: $636.3kQ3 25P/C 0.00Q4 25 calls: $609.6mQ4 25 puts: $642.0kQ4 25P/C 0.00Q1 26 calls: $631.9mQ1 26 puts: $1.0mQ1 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2025$780.6m$1.2m0.00
Q3 2025$763.6m$636.3k0.00
Q4 2025$609.6m$642.0k0.00
Q1 2026$631.9m$1.0m0.00

Biggest buyers

Independent Advisor Alliance Added +2,726,808+2.7m
Horizon Investments, LLC Added +1,461,146+1.5m
LPL Financial LLC Added +1,386,584+1.4m
NICOLET BANKSHARES INC Added +1,178,631+1.2m
Convergence Financial, LLC Added +894,199+894.2k
DIVERSIFY WEALTH MANAGEMENT, LLC Added +857,802+857.8k
ENVESTNET ASSET MANAGEMENT INC Added +664,404+664.4k
Connecticut Wealth Management, LLC Added +640,278+640.3k
STIFEL FINANCIAL CORP Added +616,193+616.2k
Summit Financial, LLC Added +562,028+562.0k

Biggest sellers

MORGAN STANLEY Reduced -10,373,342-10.4m
TIAA TRUST, NATIONAL ASSOCIATION Reduced -3,635,627-3.6m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -1,817,302-1.8m
ROYAL BANK OF CANADA Reduced -1,706,209-1.7m
Corient Private Wealth LP Reduced -1,014,742-1.0m
AMERIPRISE FINANCIAL INC Reduced -998,637-998.6k
Advisory Alpha, LLC Reduced -696,576-696.6k
CREATIVE FINANCIAL DESIGNS INC /ADV Reduced -692,823-692.8k
Koss-Olinger Consulting, LLC Reduced -573,378-573.4k
N.E.W. Advisory Services LLC Reduced -534,535-534.5k

Biggest calls

Optiver Holding B.V. Added $315.6m4.8m shares
SIMPLEX TRADING, LLC Reduced $183.3m1.9m shares
IMC-Chicago, LLC Added $96.9m1.5m shares
GROUP ONE TRADING LLC Added $31.4m477.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.0m36.1k shares
CITADEL ADVISORS LLC Added $1.4m24.3k shares
JPMORGAN CHASE & CO Reduced $826.9k13.0k shares
SG Americas Securities, LLC Added $229.0k165.0k shares
JANE STREET GROUP, LLC Reduced $226.3k4.0k shares
Northwest & Ethical Investments L.P. New $44.3k32.3k shares

Biggest puts

LPL Financial LLC Added $582.8k10.3k shares
CITADEL ADVISORS LLC New $220.7k3.9k shares
Point72 Asset Management, L.P. Unchanged $215.0k3.8k 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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Financial Engines Advisors L.L.C. 9.35% of their portfolio SANTA CLARA, CA 81,414,41581.4m $4.6bn $4.6bn 9.35% Reduced -394.8k -394,776
2 LPL Financial LLC 0.77% of their portfolio FORT MILL, SC 51,485,69151.5m $2.9bn $2.9bn 0.77% Added +1.4m +1,386,584
3 GOLDMAN SACHS GROUP INC 0.17% of their portfolio NEW YORK, NY 22,832,65522.8m $1.3bn $1.3bn 0.17% Added +316.3k +316,317
4 Allworth Financial LP 4.55% of their portfolio FOLSOM, CA 19,767,08219.8m $1.1bn $1.1bn 4.55% Added +71.8k +71,787
5 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 9,374,4709.4m $530.4m $530.4m 0.03% Reduced -10.4m -10,373,342
6 Valmark Advisers, Inc. 6.05% of their portfolio AKRON, OH 8,996,0589.0m $509.0m $509.0m 6.05% Added +255.9k +255,913
7 AMERIPRISE FINANCIAL INC 0.10% of their portfolio MINNEAPOLIS, MN 7,303,1877.3m $414.3m $414.3m 0.10% Reduced -998.6k -998,637
8 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 7,235,3097.2m $409.4m $409.4m 0.03% Reduced -431.0k -431,004
9 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 6,904,5676.9m $384.2m $384.2m 0.03% Added +108.1k +108,103
10 RAYMOND JAMES FINANCIAL INC 0.11% of their portfolio ST. PETERSBURG, FL 6,407,7516.4m $362.6m $362.6m 0.11% Added +402.9k +402,863
11 UBS Group AG 0.06% of their portfolio ZURICH, V8 6,155,6216.2m $348.3m $348.3m 0.06% Reduced -338.8k -338,773
12 Willis Johnson & Associates, Inc. 20.02% of their portfolio Houston, TX 6,067,3306.1m $343.3m $343.3m 20.02% Added +268.5k +268,484
13 Horizon Investments, LLC 3.38% of their portfolio Charlotte, NC 5,332,1765.3m $301.7m $301.7m 3.38% Added +1.5m +1,461,146
14 Advisory Alpha, LLC 7.65% of their portfolio HOLLAND, MI 4,945,2724.9m $279.8m $279.8m 7.65% Reduced -696.6k -696,576
15 Equitable Holdings, Inc. 1.79% of their portfolio NEW YORK, NY 4,898,7404.9m $278.3m $278.3m 1.79% Reduced -266.6k -266,560
16 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 4,802,1234.8m $271.7m $271.7m 0.07% Added +664.4k +664,404
17 NorthRock Partners, LLC 4.19% of their portfolio MINNEAPOLIS, MN 4,586,3054.6m $259.5m $259.5m 4.19% Added +169.1k +169,114
18 VANTAGEPOINT INVESTMENT ADVISERS LLC 2.07% of their portfolio WASHINGTON, DC 4,327,2734.3m $244.8m $244.8m 2.07% Reduced -136.2k -136,187
19 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 4,298,2474.3m $243.2m $243.2m 0.05% Reduced -1.7m -1,706,209
20 Connecticut Wealth Management, LLC 10.18% of their portfolio FARMINGTON, CT 4,294,6464.3m $243.0m $243.0m 10.18% Added +640.3k +640,278
21 Cetera Investment Advisers 0.25% of their portfolio SCHAUMBURG, IL 4,205,9524.2m $238.0m $238.0m 0.25% Added +230.2k +230,152
22 CWM, LLC 0.62% of their portfolio OMAHA, NE 4,161,8234.2m $235.5m $235.5m 0.62% Added +76.8k +76,764
23 Dynasty Wealth Management, LLC 1.96% of their portfolio ST. PETERSBURG, FL 3,971,9844.0m $224.7m $224.7m 1.96% Added +351.5k +351,541
24 Quotient Wealth Partners, LLC 5.72% of their portfolio DALLAS, TX 3,840,6483.8m $217.3m $217.3m 5.72% Added +272.9k +272,930
25 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.81% of their portfolio CHARLOTTE, NC 3,714,6293.7m $210.2m $210.2m 0.81% First filing
26 Cerity Partners LLC 0.29% of their portfolio NEW YORK, NY 3,601,9343.6m $203.8m $203.8m 0.29% Added +32.4k +32,415
27 AE Wealth Management LLC 1.10% of their portfolio TOPEKA, KS 3,586,4113.6m $202.9m $202.9m 1.10% Added +87.2k +87,233
28 HighTower Advisors, LLC 0.18% of their portfolio CHICAGO, IL 3,080,3193.1m $174.3m $174.3m 0.18% Added +539.8k +539,803
29 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.35% of their portfolio PLYMOUTH, MN 2,819,7882.8m $159.9m $159.9m 0.35% Reduced -1.8m -1,817,302
30 Independent Advisor Alliance 1.69% of their portfolio CHARLOTTE, NC 2,780,1872.8m $157.3m $157.3m 1.69% Added +2.7m +2,726,808
31 Private Advisor Group, LLC 0.73% of their portfolio MORRISTOWN, NJ 2,764,6342.8m $156.4m $156.4m 0.73% Reduced -67.2k -67,158
32 Octavia Wealth Advisors, LLC 14.73% of their portfolio CINCINNATI, OH 2,722,6192.7m $154.0m $154.0m 14.73% Added +433.1k +433,122
33 OSAIC HOLDINGS, INC. 0.23% of their portfolio SCOTTSDALE, AZ 2,721,9242.7m $154.0m $154.0m 0.23% Reduced -409.6k -409,556
34 STIFEL FINANCIAL CORP 0.14% of their portfolio ST. LOUIS, MO 2,662,8372.7m $150.7m $150.7m 0.14% Added +616.2k +616,193
35 DIVERSIFY WEALTH MANAGEMENT, LLC 2.76% of their portfolio SANDY, UT 2,618,3892.6m $154.9m $154.9m 2.76% Added +857.8k +857,802
36 Gerber Kawasaki Wealth & Investment Management 4.60% of their portfolio SANTA MONICA, CA 2,552,4952.6m $144.5m $144.5m 4.60% Added +142.1k +142,130
37 Lutz Financial Services LLC 9.26% of their portfolio OMAHA, NE 2,434,6762.4m $137.8m $137.8m 9.26% Added +46.8k +46,773
38 Betterment LLC 0.24% of their portfolio NEW YORK, NY 2,247,3542.2m $127.2m $127.2m 0.24% Reduced -83.6k -83,647
39 ANGELES WEALTH MANAGEMENT, LLC 6.77% of their portfolio SANTA MONICA, CA 2,198,0372.2m $124.4m $124.4m 6.77% Added +125.4k +125,407
40 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.08% of their portfolio MILWAUKEE, WI 2,157,9342.2m $122.1m $122.1m 0.08% Added +59.8k +59,796
41 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 2,154,7062.2m $121.9m $121.9m 0.02% Added +45.7k +45,685
42 Mariner, LLC 0.14% of their portfolio Overland Park, KS 2,094,9752.1m $118.5m $118.5m 0.14% Reduced -13.8k -13,752
43 BENJAMIN EDWARDS INC 1.11% of their portfolio Clayton, MO 1,981,5972.0m $112.1m $112.1m 1.11% Added +457.3k +457,342
44 AlphaStar Capital Management, LLC 8.15% of their portfolio CORNELIUS, NC 1,953,3182.0m $110.5m $110.5m 8.15% Reduced -366.4k -366,355
45 OLD NATIONAL BANCORP /IN/ 1.84% of their portfolio EVANSVILLE, IN 1,942,0421.9m $109.9m $109.9m 1.84% Added +280.4k +280,354
46 First National Trust Co 3.67% of their portfolio Johnstown, PA 1,904,3621.9m $107.7m $107.7m 3.67% Reduced -63.8k -63,751
47 NICOLET BANKSHARES INC 3.94% of their portfolio GREEN BAY, WI 1,885,5611.9m $106.8m $106.8m 3.94% Added +1.2m +1,178,631
48 Magnus Financial Group LLC 8.45% of their portfolio NEW YORK, NY 1,837,7871.8m $104.0m $104.0m 8.45% Added +71.5k +71,473
49 Bell Bank 4.21% of their portfolio FARGO, ND 1,753,3181.8m $99.2m $99.2m 4.21% Added +172.3k +172,282
50 COMMONWEALTH EQUITY SERVICES, LLC 0.13% of their portfolio WALTHAM, MA 1,684,4831.7m $95.3m $95.3m 0.13% Added +33.6k +33,572
51 IHT Wealth Management, LLC 2.19% of their portfolio Chicago, IL 1,646,9021.6m $93.2m $93.2m 2.19% Added +185.1k +185,108
52 KWB Wealth 9.15% of their portfolio REDLANDS, CA 1,627,5591.6m $92.5m $92.5m 9.15% Reduced -124.5k -124,502
53 Convergence Financial, LLC 9.64% of their portfolio COLUMBIA, MO 1,601,8141.6m $90.9m $90.9m 9.64% Added +894.2k +894,199
54 SIMON QUICK ADVISORS, LLC 3.96% of their portfolio MORRISTOWN, NJ 1,529,9791.5m $86.6m $86.6m 3.96% Added +3.5k +3,491
55 Integrated Wealth Concepts LLC 0.67% of their portfolio WALTHAM, MA 1,482,8881.5m $83.9m $83.9m 0.67% Added +262.3k +262,295
56 JONES FINANCIAL COMPANIES LLLP 0.04% of their portfolio DES PERES, MO 1,477,5371.5m $82.1m $82.1m 0.04% Added +516.5k +516,509
57 FOUNDERS FINANCIAL SECURITIES LLC 4.76% of their portfolio TOWSON, MD 1,450,8891.5m $84.4m $84.4m 4.76% Added +70.6k +70,613
58 FLAGSHIP HARBOR ADVISORS, LLC 3.24% of their portfolio BOSTON, MA 1,301,8501.3m $73.7m $73.7m 3.24% Added +35.7k +35,746
59 EXCHANGE TRADED CONCEPTS, LLC 0.57% of their portfolio Oklahoma City, OK 1,299,9971.3m $73.6m $73.6m 0.57% Added +39.0k +38,971
60 MML INVESTORS SERVICES, LLC 0.19% of their portfolio SPRINGFIELD, MA 1,203,3181.2m $68.1m $68.1m 0.19% Added +166.9k +166,943
61 CoreCap Advisors, LLC 2.30% of their portfolio SOUTHFIELD, MI 1,195,4781.2m $67.6m $67.6m 2.30% Added +110.9k +110,919
62 Klingman & Associates, LLC 3.18% of their portfolio New York, NY 1,173,5071.2m $66.4m $66.4m 3.18% Reduced -21.7k -21,660
63 Dakota Wealth Management 1.40% of their portfolio PALM BEACH GARDENS, FL 1,145,5361.1m $64.8m $64.8m 1.40% Added +457.0k +457,007
64 FLPUTNAM INVESTMENT MANAGEMENT CO 0.93% of their portfolio PORTLAND, ME 1,101,7171.1m $62.3m $62.3m 0.93% Reduced -18.1k -18,058
65 Compton Financial Group, LLC 13.58% of their portfolio TOWSON, MD 1,086,2141.1m $61.5m $61.5m 13.58% Reduced -348.5k -348,533
66 71 West Capital Partners 2.69% of their portfolio BOSTON, MA 1,079,1821.1m $61.1m $61.1m 2.69% Added +30.8k +30,756
67 FMR LLC 0.00% of their portfolio BOSTON, MA 1,048,8091.0m $59.3m $59.3m 0.00% Added +15.8k +15,781
68 Corient Private Wealth LP 0.08% of their portfolio MIAMI, FL 1,033,4461.0m $57.3m $57.3m 0.08% Reduced -1.0m -1,014,742
69 N.E.W. Advisory Services LLC 4.18% of their portfolio DE PERE, WI 988,476988.5k $55.9m $55.9m 4.18% Reduced -534.5k -534,535
70 Summit Financial, LLC 0.70% of their portfolio PARSIPPANY, NJ 965,471965.5k $54.6m $54.6m 0.70% Added +562.0k +562,028
71 Whitcomb & Hess, Inc. 12.72% of their portfolio ASHLAND, OH 963,988964.0k $54.5m $54.5m 12.72% Added +21.3k +21,296
72 Facet Wealth, Inc. 0.86% of their portfolio WEST PALM BEACH, FL 881,334881.3k $49.9m $49.9m 0.86% Added +39.4k +39,422
73 CGN Advisors LLC 3.93% of their portfolio MANHATTAN, KS 879,172879.2k $49.7m $49.7m 3.93% Reduced -5.3k -5,301
74 NOTTINGHAM ADVISORS, INC. 6.33% of their portfolio AMHERST, NY 868,602868.6k $49.1m $49.1m 6.33% Added +58.0k +58,035
75 Waverly Advisors, LLC 0.36% of their portfolio BIRMINGHAM, AL 845,713845.7k $47.9m $47.9m 0.36% Added +42.1k +42,071
76 Perennial Investment Advisors, LLC 3.80% of their portfolio Los Angeles, CA 841,900841.9k $47.6m $47.6m 3.80% Reduced -10.3k -10,299
77 Leicht Financial Planning & Wealth Management, Inc. 21.07% of their portfolio PARSIPPANY, NJ 820,882820.9k $46.4m $46.4m 21.07% Reduced -7.7k -7,663
78 Cambridge Investment Research Advisors, Inc. 0.12% of their portfolio FAIRFIELD, IA 812,663812.7k $46.0m $46.0m 0.12% Reduced -92.1k -92,115
79 BALANCED WEALTH GROUP LLC 16.40% of their portfolio WESTLAKE, OH 811,411811.4k $45.8m $45.8m 16.40% Added +20.8k +20,847
80 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.69% of their portfolio ST. LOUIS, MO 790,404790.4k $44.7m $44.7m 0.69% Added +186.6k +186,565
81 COURIER CAPITAL LLC 2.48% of their portfolio BUFFALO, NY 784,446784.4k $44.4m $44.4m 2.48% Added +59.1k +59,146
82 Arrow Financial Corp 4.45% of their portfolio Glens Falls, NY 781,325781.3k $44.2m $44.2m 4.45% Reduced -1.9k -1,874
83 TSFG, LLC 6.69% of their portfolio LAKE FOREST, IL 779,970780.0k $44.1m $44.1m 6.69% Added +111.8k +111,832
84 Tennessee Valley Asset Management Partners 5.61% of their portfolio KNOXVILLE, TN 750,134750.1k $42.4m $42.4m 5.61% Added +14.6k +14,628
85 MONECO ADVISORS, LLC 3.26% of their portfolio FAIRFIELD, CT 743,606743.6k $42.1m $42.1m 3.26% Added +48.0k +47,955
86 Avior Wealth Management, LLC 1.19% of their portfolio OMAHA, NE 738,755738.8k $41.8m $41.8m 1.19% Added +49.0k +49,038
87 Accredited Investors Inc. 2.20% of their portfolio EDINA, MN 723,052723.1k $40.9m $40.9m 2.20% Reduced -9.9k -9,903
88 Shepherd Financial Partners LLC 3.83% of their portfolio WINCHESTER, MA 712,981713.0k $40.3m $40.3m 3.83% Added +19.4k +19,446
89 Constellation Investments, Inc. 1.34% of their portfolio MONTGOMERY, OH 712,000712.0k $40.3m $40.3m 1.34% Unchanged
90 VICUS CAPITAL 2.96% of their portfolio STATE COLLEGE, PA 711,625711.6k $40.3m $40.3m 2.96% Reduced -20.0k -20,000
91 ERn Financial, LLC 7.43% of their portfolio MIDDLETON, WI 698,504698.5k $39.5m $39.5m 7.43% Added +22.2k +22,241
92 Creative Planning 0.03% of their portfolio OVERLAND PARK, KS 695,802695.8k $39.4m $39.4m 0.03% Added +4.0k +3,987
93 Gladstone Institutional Advisory LLC 1.42% of their portfolio Bedminster, NJ 677,459677.5k $38.3m $38.3m 1.42% Reduced -16.9k -16,867
94 Thrivent Financial for Lutherans 0.07% of their portfolio Minneapolis, MN 669,773669.8k $37.9m $37.9m 0.07% Reduced -18.9k -18,864
95 Alta Wealth Advisors LLC 11.79% of their portfolio Woburn, MA 641,702641.7k $36.3m $36.3m 11.79% Added +46.9k +46,912
96 Higgins & Schmidt Wealth Strategies LLC 16.54% of their portfolio DENVER, CO 639,848639.8k $36.2m $36.2m 16.54% Added +23.5k +23,483
97 WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV 5.80% of their portfolio BERMUDA RUN, NC 639,789639.8k $36.2m $36.2m 5.80% Reduced -6.3k -6,276
98 GREAT VALLEY ADVISOR GROUP, INC. 0.64% of their portfolio WILMINGTON, DE 621,528621.5k $35.2m $35.2m 0.64% Added +52.8k +52,766
99 Pinnacle Wealth Planning Services, Inc. 3.62% of their portfolio MANSFIELD, OH 620,103620.1k $35.1m $35.1m 3.62% Added +32.9k +32,912
100 WALLER FINANCIAL PLANNING GROUP, INC 7.44% of their portfolio COLUMBUS, OH 595,915595.9k $33.7m $33.7m 7.44% Added +26.2k +26,229