Vault-13

SPDR SERIES TRUST XTL

ST STR SP TELCO · ETP · CUSIP 78464A540

126 institutional holders +31 vs Q1 2026
1,526,6721.5m shares reported held*
$345.8mreported value*
46 new 38 added 25 reduced 17 sold out net bought ≈ $86.3m (+379.8k 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. Holder counts are more reliable. Implied quarter-end price ≈ $226.52. Options: 3 managers hold calls ($5.8m notional), 3 hold puts ($1.1m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 41Q4 22: 41Q1 23: 45Q2 23: 42Q3 23: 42Q4 23: 36Q1 24: 40Q2 24: 37Q3 24: 33Q4 24: 50Q1 25: 48Q2 25: 48Q3 25: 61Q4 25: 67Q1 26: 95Q2 26: 126126Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202241
Q4 202241
Q1 202345
Q2 202342
Q3 202342
Q4 202336
Q1 202440
Q2 202437
Q3 202433
Q4 202450
Q1 202548
Q2 202548
Q3 202561
Q4 202567
Q1 202695
Q2 2026126

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 15 bought or addedQ3 24: 16 cut or sold outQ4 24: 23 bought or addedQ4 24: 17 cut or sold outQ4 24Q1 25: 24 bought or addedQ1 25: 21 cut or sold outQ2 25: 19 bought or addedQ2 25: 27 cut or sold outQ2 25Q3 25: 32 bought or addedQ3 25: 17 cut or sold outQ4 25: 28 bought or addedQ4 25: 28 cut or sold outQ4 25Q1 26: 64 bought or addedQ1 26: 24 cut or sold outQ2 26: 84 bought or addedQ2 26: 42 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241516
Q4 20242317
Q1 20252421
Q2 20251927
Q3 20253217
Q4 20252828
Q1 20266424
Q2 20268442

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $612.9kQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $3.7mQ1 26 puts: $564.2kQ1 26P/C 0.15Q2 26 calls: $5.8mQ2 26 puts: $1.1mQ2 26P/C 0.18
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$612.9k$00.00
Q1 2026$3.7m$564.2k0.15
Q2 2026$5.8m$1.1m0.18

Biggest buyers

Parkway Wealth Management Group, LLC New +127,443+127.4k
Destiny Wealth Partners, LLC New +69,454+69.5k
LPL Financial LLC Added +43,187+43.2k
Cambridge Investment Research Advisors, Inc. Added +43,124+43.1k
GOLDMAN SACHS GROUP INC Added +40,385+40.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +34,813+34.8k
BANK OF AMERICA CORP /DE/ Added +30,916+30.9k
ROYAL BANK OF CANADA Added +30,124+30.1k
Brookstone Capital Management New +21,772+21.8k
HRT FINANCIAL LP New +19,802+19.8k

Biggest sellers

BNP PARIBAS FINANCIAL MARKETS Sold out -100,000-100.0k
University of Illinois Foundation Sold out -64,500-64.5k
Foundations Investment Advisors, LLC Sold out -33,134-33.1k
Maxi Investments CY Ltd Sold out -22,000-22.0k
Fortis Group Advisors, LLC Reduced -21,626-21.6k
Geneos Wealth Management Inc. Sold out -10,985-11.0k
JANE STREET GROUP, LLC Reduced -10,576-10.6k
LIBERTY ONE INVESTMENT MANAGEMENT, LLC Reduced -8,553-8.6k
UBS Group AG Reduced -7,053-7.1k
B. Riley Wealth Advisors, Inc. Sold out -5,701-5.7k

Biggest calls

JANE STREET GROUP, LLC Added $3.5m15.3k shares
CITADEL ADVISORS LLC Reduced $1.9m8.4k shares
Belvedere Trading LLC Added $409.5k1.8k shares

Biggest puts

CITADEL ADVISORS LLC Added $796.2k3.5k shares
JANE STREET GROUP, LLC Reduced $250.2k1.1k shares
Belvedere Trading LLC Reduced $22.7k100 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 142,513142.5k $32.4m $32.4m 0.00% Added +9.4k +9,355
2 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 135,137135.1k $30.7m $30.7m 0.01% Added +43.2k +43,187
3 Parkway Wealth Management Group, LLC 3.35% of their portfolio Plano, TX 127,443127.4k $29.0m $29.0m 3.35% New
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 111,838111.8k $25.4m $25.4m 0.00% Added +30.9k +30,916
5 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 79,33879.3k $18.0m $18.0m 0.02% Added +43.1k +43,124
6 MinichMacGregor Wealth Management, LLC 2.69% of their portfolio Saratoga Springs, NY 77,99678.0k $17.7m $17.7m 2.69% Added +15.3k +15,327
7 Destiny Wealth Partners, LLC 2.04% of their portfolio TAVARES, FL 69,45469.5k $14.5m $14.5m 2.04% New
8 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 65,38765.4k $14.9m $14.9m 0.00% Added +40.4k +40,385
9 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 51,61151.6k $11.7m $11.7m 0.01% Added +34.8k +34,813
10 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 46,57346.6k $10.6m $10.6m 0.00% Added +7.0k +6,994
11 Steward Partners Investment Advisory, LLC 0.04% of their portfolio STAMFORD, CT 34,04934.0k $7.7m $7.7m 0.04% Reduced -127 -127
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 32,50132.5k $7.4m $7.4m 0.00% Added +30.1k +30,124
13 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 30,01430.0k $6.8m $6.8m 0.01% Added +526 +526
14 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 25,00025.0k $5.7m $5.7m 0.00% Unchanged
15 UBS Group AG 0.00% of their portfolio ZURICH, V8 24,83124.8k $5.6m $5.6m 0.00% Reduced -7.1k -7,053
16 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 23,05823.1k $5.2m $5.2m 0.00% Added +9.5k +9,460
17 Brookstone Capital Management 0.05% of their portfolio WHEATON, IL 21,77221.8k $5.0m $5.0m 0.05% New
18 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 21,25821.3k $4.8m $4.8m 0.00% Added +463 +463
19 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 21,02721.0k $4.8m $4.8m 0.01% Added +2.1k +2,089
20 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 19,80219.8k $4.5m $4.5m 0.01% New
21 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 19,40019.4k $4.4m $4.4m 0.00% New
22 Tower Research Capital LLC (TRC) 0.11% of their portfolio NEW YORK, NY 18,85618.9k $4.3m $4.3m 0.11% New
23 Teucrium Investment Advisors, LLC 3.44% of their portfolio BURLINGTON, VT 16,98817.0k $3.9m $3.9m 3.44% New
24 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 16,59416.6k $3.8m $3.8m 0.02% Added +13.3k +13,329
25 SFI Advisors, LLC 3.16% of their portfolio Montclair, NJ 16,11816.1k $3.7m $3.7m 3.16% Reduced -641 -641
26 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 14,15014.2k $3.2m $3.2m 0.00% New
27 FOUNDERS FINANCIAL SECURITIES LLC 0.16% of their portfolio TOWSON, MD 13,53713.5k $3.1m $3.1m 0.16% New
28 Great Diamond Partners, LLC 0.52% of their portfolio Portland, ME 13,41813.4k $3.1m $3.1m 0.52% Reduced -650 -650
29 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 12,29012.3k $2.8m $2.8m 0.00% Reduced -208 -208
30 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11,62211.6k $2.6m $2.6m 0.00% New
31 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 10,16310.2k $2.3m $2.3m 0.01% Added +8.2k +8,185
32 Larry Mathis Financial Planning, LLC 1.70% of their portfolio PHOENIX, AZ 9,7879.8k $2.2m $2.2m 1.70% Added +8.6k +8,642
33 Farmers & Merchants Trust Co of Chambersburg PA 0.55% of their portfolio CHAMBERSBURG, PA 9,4599.5k $2.2m $2.2m 0.55% Added +120 +120
34 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 8,6728.7k $2.0m $2.0m 0.00% Reduced -1.8k -1,847
35 Financial Management Professionals, Inc. 0.17% of their portfolio AUSTIN, TX 7,9778.0k $1.8m $1.8m 0.17% Reduced -2.0k -1,982
36 Fortis Group Advisors, LLC 0.25% of their portfolio WESTWOOD, NJ 6,9887.0k $1.6m $1.6m 0.25% Reduced -21.6k -21,626
37 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 6,2496.2k $1.4m $1.4m 0.00% Added +836 +836
38 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 6,1856.2k $1.4m $1.4m 0.00% Added +4.9k +4,921
39 Kaizen Financial Strategies 0.54% of their portfolio CAMPBELL, CA 6,0456.0k $1.4m $1.4m 0.54% Reduced -588 -588
40 Ciovacco Capital Management LLC 0.59% of their portfolio ATLANTA, GA 5,8615.9k $1.3m $1.3m 0.59% New
41 Quartz Partners, LLC 0.43% of their portfolio SARATOGA SPRINGS, NY 5,7565.8k $1.3m $1.3m 0.43% Added +522 +522
42 Gotham Asset Management, LLC 0.00% of their portfolio NEW YORK, NY 5,6725.7k $1.3m $1.3m 0.00% Unchanged
43 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 5,6535.7k $1.3m $1.3m 0.00% Added +1.8k +1,829
44 Comprehensive Financial Planning, Inc./PA 0.66% of their portfolio EAST PETERSBURG, PA 5,4025.4k $1.2m $1.2m 0.66% Reduced -717 -717
45 Blue Capital, Inc. 0.78% of their portfolio OMAHA, NE 5,3705.4k $1.2m $1.2m 0.78% Reduced -4.6k -4,634
46 SIMPLEX TRADING, LLC 0.03% of their portfolio CHICAGO, IL 5,2795.3k $1.2m $1.2m 0.03% New
47 TWO SIGMA SECURITIES, LLC 0.10% of their portfolio NEW YORK, NY 5,1265.1k $1.2m $1.2m 0.10% New
48 Regal Investment Advisors LLC 0.06% of their portfolio KENTWOOD, MI 5,0955.1k $1.2m $1.2m 0.06% Reduced -203 -203
49 COMPASS FINANCIAL MANAGEMENT LLC 0.14% of their portfolio TAMPA, FL 4,9314.9k $1.1m $1.1m 0.14% First filing
50 DAVENPORT & Co LLC 0.01% of their portfolio RICHMOND, VA 4,7404.7k $1.1m $1.1m 0.01% New
51 GeoWealth Management, LLC 0.03% of their portfolio CHICAGO, IL 4,6804.7k $1.1m $1.1m 0.03% Added +4.2k +4,201
52 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 4,1854.2k $906.7k $906.7k 0.00% Added +3.0k +3,043
53 Worthington Financial Partners, LLC 0.72% of their portfolio WORTHINGTON, OH 3,8283.8k $870.8k $870.8k 0.72% Added +16 +16
54 ROMAN BUTLER FULLERTON & CO 0.19% of their portfolio ST LOUIS, MO 3,6493.6k $789.1k $789.1k 0.19% Added +1.4k +1,419
55 Avior Wealth Management, LLC 0.02% of their portfolio OMAHA, NE 3,6163.6k $822.7k $822.7k 0.02% Added +209 +209
56 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 3,5983.6k $818.4k $818.4k 0.00% Added +373 +373
57 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 3,5953.6k $817.8k $817.8k 0.00% Reduced -10.6k -10,576
58 RPS ADVISORY SOLUTIONS LLC 0.52% of their portfolio LOUISVILLE, KY 3,4523.5k $785.3k $785.3k 0.52% Reduced -2.2k -2,193
59 PGIM Custom Harvest LLC 0.01% of their portfolio NEWARK, NJ 3,0983.1k $704.8k $704.8k 0.01% Reduced -22 -22
60 Pacific Sun Financial Corp 0.26% of their portfolio LOS ANGELES, CA 2,7902.8k $634.7k $634.7k 0.26% Unchanged
61 Wakefield Asset Management LLLP 0.13% of their portfolio Englewood, CO 2,4862.5k $565.5k $565.5k 0.13% Added +946 +946
62 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 1,9702.0k $448.2k $448.2k 0.01% New
63 GREAT VALLEY ADVISOR GROUP, INC. 0.01% of their portfolio WILMINGTON, DE 1,9602.0k $445.9k $445.9k 0.01% Added +97 +97
64 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 1,9341.9k $440.0k $440.0k 0.00% New
65 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,8771.9k $422.2k $422.2k 0.00% Added +143 +143
66 Marshall & Sterling Wealth Advisors Inc. 0.24% of their portfolio POUGHKEEPSIE, NY 1,7931.8k $407.8k $407.8k 0.24% New
67 PFG Advisors 0.02% of their portfolio Phoenix, AZ 1,7701.8k $402.7k $402.7k 0.02% New
68 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 1,7201.7k $391.3k $391.3k 0.00% Added +171 +171
69 RFP Financial Group LLC 0.16% of their portfolio ATLANTA, GA 1,5401.5k $350.2k $350.2k 0.16% Added +359 +359
70 IMC-Chicago, LLC 0.00% of their portfolio CHICAGO, IL 1,3881.4k $315.8k $315.8k 0.00% New
71 Fulcrum Equity Management 0.24% of their portfolio PLANO, TX 1,3231.3k $300.9k $300.9k 0.24% Reduced -31 -31
72 Higgins & Schmidt Wealth Strategies LLC 0.12% of their portfolio DENVER, CO 1,2971.3k $295.1k $295.1k 0.12% Unchanged
73 KINGSWOOD WEALTH ADVISORS, LLC 0.01% of their portfolio SAN DIEGO, CA 1,2971.3k $295.0k $295.0k 0.01% New
74 FIDUCIARY FINANCIAL GROUP, LLC 0.03% of their portfolio SAN RAFAEL, CA 1,2681.3k $288.5k $288.5k 0.03% Unchanged
75 KANE INVESTMENT MANAGEMENT, INC. 0.12% of their portfolio LOS GATOS, CA 1,2571.3k $286.0k $286.0k 0.12% New
76 Parkwoods Wealth Partners, LLC 0.04% of their portfolio SYRACUSE, NY 1,2201.2k $277.5k $277.5k 0.04% Unchanged
77 Indivisible Partners 0.02% of their portfolio CLEARWATER, FL 1,2001.2k $273.0k $273.0k 0.02% New
78 ExodusPoint Capital Management, LP 0.00% of their portfolio NEW YORK, NY 1,1501.1k $261.6k $261.6k 0.00% New
79 Stratos Wealth Advisors, LLC 0.01% of their portfolio BEACHWOOD, OH 1,1421.1k $259.9k $259.9k 0.01% New
80 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.01% of their portfolio Westlake, OH 1,0841.1k $246.6k $246.6k 0.01% Reduced -387 -387
81 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 1,0801.1k $245.7k $245.7k 0.00% Unchanged
82 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 1,0501.1k $238.9k $238.9k 0.00% New
83 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 957957 $217.7k $217.7k 0.00% New
84 RHODES INVESTMENT ADVISORS INC /ADV 0.16% of their portfolio FORT WORTH, TX 945945 $215.0k $215.0k 0.16% New
85 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 938938 $213.4k $213.4k 0.00% New
86 Snowden Capital Advisors LLC 0.00% of their portfolio New York, NY 900900 $204.7k $204.7k 0.00% New
87 Investment Partners Asset Management, Inc. 0.11% of their portfolio METUCHEN, NJ 895895 $203.6k $203.6k 0.11% New
88 Prestige Wealth Management Group LLC 0.03% of their portfolio FLEMINGTON, NJ 822822 $187.0k $187.0k 0.03% Unchanged
89 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio ORLANDO, FL 808808 $181.5k $181.5k 0.01% Reduced -425 -425
90 CITY HOLDING CO 0.02% of their portfolio CHARLESTON, WV 700700 $159.2k $159.2k 0.02% Unchanged
91 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 624624 $142.0k $142.0k 0.00% Reduced -348 -348
92 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 570570 $129.7k $129.7k 0.01% Added +300 +300
93 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 546546 $124.2k $124.2k 0.00% Added +530 +530
94 LIBERTY ONE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio LIBERTYVILLE, IL 470470 $107.0k $107.0k 0.01% Reduced -8.6k -8,553
95 Integrity Financial Corp /WA 0.05% of their portfolio JACKSON, WY 439439 $99.8k $99.8k 0.05% New
96 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 416416 $94.7k $94.7k 0.00% Reduced -5.0k -4,990
97 Cape Investment Advisory, Inc. 0.03% of their portfolio MCDONOUGH, GA 413413 $94.0k $94.0k 0.03% Reduced -1.1k -1,142
98 Institute for Wealth Management, LLC. 0.01% of their portfolio DENVER, CO 370370 $84.2k $84.2k 0.01% New
99 FMR LLC 0.00% of their portfolio BOSTON, MA 360360 $81.8k $81.8k 0.00% Reduced -36 -36
100 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 278278 $63.3k $63.3k 0.00% Added +210 +210