Vault-13

SPDR SERIES TRUST XSW

COMP SOFTWARE · ETP · CUSIP 78464A599

113 institutional holders -5 vs Q1 2025
1,319,8261.3m shares reported held*
$250.6mreported value*
10 new 23 added 44 reduced 14 sold out net sold ≈ $41.6m (-219.9k 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 ≈ $189.89.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 73Q4 22: 77Q1 23: 84Q2 23: 78Q3 23: 87Q4 23: 103Q1 24: 95Q2 24: 97Q3 24: 93Q4 24: 114Q1 25: 118Q2 25: 113113Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202273
Q4 202277
Q1 202384
Q2 202378
Q3 202387
Q4 2023103
Q1 202495
Q2 202497
Q3 202493
Q4 2024114
Q1 2025118
Q2 2025113

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 39 bought or addedQ3 23: 27 cut or sold outQ4 23: 42 bought or addedQ4 23: 29 cut or sold outQ4 23Q1 24: 35 bought or addedQ1 24: 48 cut or sold outQ2 24: 37 bought or addedQ2 24: 31 cut or sold outQ2 24Q3 24: 21 bought or addedQ3 24: 42 cut or sold outQ4 24: 40 bought or addedQ4 24: 40 cut or sold outQ4 24Q1 25: 52 bought or addedQ1 25: 37 cut or sold outQ2 25: 33 bought or addedQ2 25: 58 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20233927
Q4 20234229
Q1 20243548
Q2 20243731
Q3 20242142
Q4 20244040
Q1 20255237
Q2 20253358

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ3 24 calls: $321.4kQ3 24 puts: $321.4kQ3 24P/C 1.00Q4 24 calls: $377.9kQ4 24 puts: $453.5kQ4 24P/C 1.20Q1 25 calls: $335.7kQ1 25 puts: $207.8kQ1 25P/C 0.62Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$321.4k$321.4k1.00
Q4 2024$377.9k$453.5k1.20
Q1 2025$335.7k$207.8k0.62
Q2 2025$0$0—

Biggest buyers

MORGAN STANLEY Added +18,460+18.5k
Essex LLC New +15,631+15.6k
WELLS FARGO & COMPANY/MN Added +15,169+15.2k
Tandem Financial, LLC Added +12,578+12.6k
BlackRock, Inc. Added +10,718+10.7k
RAYMOND JAMES FINANCIAL INC Added +5,995+6.0k
GOLDMAN SACHS GROUP INC Added +5,263+5.3k
CITIGROUP INC Added +4,810+4.8k
ROYAL BANK OF CANADA Added +4,697+4.7k
HARRELL INVESTMENT PARTNERS, LLC New +3,713+3.7k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -189,558-189.6k
Thrivent Financial for Lutherans Reduced -22,529-22.5k
LPL Financial LLC Reduced -18,892-18.9k
Baker Avenue Asset Management, LP Sold out -18,800-18.8k
Kingsview Wealth Management, LLC Reduced -14,330-14.3k
BNP PARIBAS FINANCIAL MARKETS Reduced -10,000-10.0k
HSBC HOLDINGS PLC Sold out -7,000-7.0k
Dale Q Rice Investment Management Ltd Reduced -4,912-4.9k
Grant Private Wealth Management Inc Sold out -3,641-3.6k
Financial Advocates Investment Management Sold out -3,570-3.6k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 386,385386.4k $73.3m $73.3m 0.01% Reduced -189.6k -189,558
2 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 123,827123.8k $23.5m $23.5m 0.01% Reduced -18.9k -18,892
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 116,307116.3k $22.1m $22.1m 0.00% Added +18.5k +18,460
4 McGuire Investment Group, LLC 1.64% of their portfolio WAKEFIELD, RI 67,42767.4k $12.8m $12.8m 1.64% Added +1.3k +1,298
5 Kingsview Wealth Management, LLC 0.17% of their portfolio GRANTS PASS, OR 53,71053.7k $10.2m $10.2m 0.17% Reduced -14.3k -14,330
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 44,34144.3k $8.4m $8.4m 0.00% Added +2.0k +1,978
7 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 43,48743.5k $8.3m $8.3m 0.00% Added +15.2k +15,169
8 BlackRock, Inc. 0.00% of their portfolio New York, NY 40,92840.9k $7.8m $7.8m 0.00% Added +10.7k +10,718
9 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 37,64837.6k $7.1m $7.1m 0.00% Reduced -949 -949
10 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 32,83332.8k $6.2m $6.2m 0.00% Added +6.0k +5,995
11 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 31,97732.0k $6.1m $6.1m 0.01% Reduced -22.5k -22,529
12 IEQ CAPITAL, LLC 0.02% of their portfolio Foster City, CA 20,84420.8k $4.0m $4.0m 0.02% Reduced -200 -200
13 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 19,19119.2k $3.6m $3.6m 0.01% Reduced -1.4k -1,429
14 Northeast Financial Consultants Inc 0.15% of their portfolio WESTPORT, CT 19,08919.1k $3.6m $3.6m 0.15% Unchanged
15 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 18,87118.9k $3.6m $3.6m 0.00% Reduced -2.0k -1,974
16 Tandem Financial, LLC 3.18% of their portfolio GREENWOOD VILLAGE, CO 17,86217.9k $3.4m $3.4m 3.18% Added +12.6k +12,578
17 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 17,45617.5k $3.3m $3.3m 0.00% Reduced -2.9k -2,855
18 Fifth Third Securities, Inc. 0.22% of their portfolio Cincinnati, OH 15,69215.7k $3.0m $3.0m 0.22% Reduced -547 -547
19 Essex LLC 0.58% of their portfolio DEER PARK, IL 15,63115.6k $3.0m $3.0m 0.58% New
20 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 15,56015.6k $3.0m $3.0m 0.00% Added +5.3k +5,263
21 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 13,63613.6k $2.6m $2.6m 0.00% Reduced -119 -119
22 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 10,00010.0k $1.9m $1.9m 0.00% Reduced -10.0k -10,000
23 Fort Point Capital Partners LLC 0.16% of their portfolio San Francisco, CA 8,4838.5k $1.6m $1.6m 0.16% Reduced -115 -115
24 Merit Financial Group, LLC 0.02% of their portfolio ALPHARETTA, GA 8,3558.4k $1.6m $1.6m 0.02% Reduced -562 -562
25 NFSG Corp 0.23% of their portfolio BOCA RATON, FL 7,5867.6k $1.4m $1.4m 0.23% Reduced -389 -389
26 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 7,5787.6k $1.4m $1.4m 0.00% Added +4.7k +4,697
27 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 6,9226.9k $1.3m $1.3m 0.00% Added +4.8k +4,810
28 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 6,8406.8k $1.3m $1.3m 0.00% Added +246 +246
29 J. W. Coons Advisors, LLC 0.29% of their portfolio COLUMBUS, OH 6,7306.7k $1.3m $1.3m 0.29% Added +35 +35
30 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 6,6256.6k $1.3m $1.3m 0.00% Added +612 +612
31 Arax Advisory Partners 0.04% of their portfolio NEW YORK, NY 4,8734.9k $925.1k $925.1k 0.04% Added +364 +364
32 Dale Q Rice Investment Management Ltd 0.72% of their portfolio VANCOUVER, WA 4,6074.6k $870.5k $870.5k 0.72% Reduced -4.9k -4,912
33 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 4,3944.4k $834.1k $834.1k 0.00% Reduced -2.6k -2,561
34 Bawa N Mallick Trust 0.33% of their portfolio FOREST HILLS, NY 4,1604.2k $789.7k $789.7k 0.33% Unchanged
35 LEVEL FOUR ADVISORY SERVICES, LLC 0.03% of their portfolio DALLAS, TX 4,1074.1k $779.6k $779.6k 0.03% Reduced -174 -174
36 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 3,9614.0k $738.6k $738.6k 0.00% Added +1.1k +1,072
37 HARRELL INVESTMENT PARTNERS, LLC 0.18% of their portfolio AUSTIN, TX 3,7133.7k $704.8k $704.8k 0.18% New
38 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 3,5423.5k $672.4k $672.4k 0.01% New
39 Quantum Private Wealth, LLC 0.19% of their portfolio TAMPA, FL 3,0533.1k $579.5k $579.5k 0.19% Unchanged
40 AMICA MUTUAL INSURANCE CO 0.06% of their portfolio PROVIDENCE, RI 3,0243.0k $574.0k $574.0k 0.06% Reduced -735 -735
41 KINGSWOOD WEALTH ADVISORS, LLC 0.04% of their portfolio SAN DIEGO, CA 2,7832.8k $528.3k $528.3k 0.04% Reduced -12 -12
42 Kaizen Financial Strategies 0.27% of their portfolio CAMPBELL, CA 2,7602.8k $523.9k $523.9k 0.27% Unchanged
43 NTV Asset Management LLC 0.06% of their portfolio Charleston, WV 2,7232.7k $516.9k $516.9k 0.06% Reduced -900 -900
44 Global Endowment Management, LP 0.07% of their portfolio CHARLOTTE, NC 2,6002.6k $493.5k $493.5k 0.07% Reduced -1.4k -1,400
45 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 2,4082.4k $457.1k $457.1k 0.00% Reduced -3.2k -3,235
46 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 2,3012.3k $437.0k $437.0k 0.00% Added +95 +95
47 Sivia Capital Partners, LLC 0.14% of their portfolio Mill Valley, CA 2,2122.2k $419.9k $419.9k 0.14% Unchanged
48 RMR Wealth Builders 0.04% of their portfolio Montclair, NJ 2,1442.1k $407.1k $407.1k 0.04% Reduced -9 -9
49 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 2,1392.1k $406.0k $406.0k 0.00% Reduced -19 -19
50 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 2,0692.1k $392.7k $392.7k 0.00% Unchanged
51 NorthCoast Asset Management LLC 0.00% of their portfolio STAMFORD, CT 2,0432.0k $387.8k $387.8k 0.00% Reduced -506 -506
52 RETIREMENT INCOME SOLUTIONS, INC 0.07% of their portfolio ANN ARBOR, MI 1,9792.0k $375.7k $375.7k 0.07% Added +120 +120
53 Beacon Financial Advisory LLC 0.09% of their portfolio CLEVELAND, OH 1,8951.9k $359.8k $359.8k 0.09% Reduced -951 -951
54 MONEY CONCEPTS CAPITAL CORP 0.02% of their portfolio PALM BEACH GARDENS, FL 1,8331.8k $347.9k $347.9k 0.02% Reduced -144 -144
55 V2 Financial group LLC 0.21% of their portfolio NAPERVILLE, IL 1,8001.8k $341.7k $341.7k 0.21% Unchanged
56 Sunbelt Securities, Inc. 0.03% of their portfolio HOUSTON, TX 1,7671.8k $333.9k $333.9k 0.03% Reduced -275 -275
57 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 1,5911.6k $302.0k $302.0k 0.00% Unchanged
58 Arkadios Wealth Advisors 0.01% of their portfolio ATLANTA, GA 1,5901.6k $301.8k $301.8k 0.01% Unchanged
59 MWA Asset Management 0.17% of their portfolio DANVERS, MA 1,4891.5k $282.7k $282.7k 0.17% New
60 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 1,4861.5k $282.2k $282.2k 0.01% Added +89 +89
61 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 1,3381.3k $254.0k $254.0k 0.00% New
62 PENNINGTON PARTNERS & CO., LLC 0.13% of their portfolio Bethesda, MD 1,3121.3k $249.0k $249.0k 0.13% Unchanged
63 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 1,2891.3k $244.7k $244.7k 0.00% Unchanged
64 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 1,2161.2k $231.0k $231.0k 0.00% Reduced -40 -40
65 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 1,2111.2k $229.0k $229.0k 0.00% Reduced -1.4k -1,385
66 Quantum Portfolio Management LLC 0.11% of their portfolio NEW YORK, NY 1,1971.2k $227.2k $227.2k 0.11% New
67 Coastal Bridge Advisors, LLC 0.02% of their portfolio WESTPORT, CT 1,1681.2k $221.7k $221.7k 0.02% New
68 Ramirez Asset Management, Inc. 0.03% of their portfolio NEW YORK, NY 1,0001.0k $189.8k $189.8k 0.03% Unchanged
69 Sherman Asset Management, Inc. 0.16% of their portfolio VENTURA, CA 955955 $181.3k $181.3k 0.16% Reduced -307 -307
70 Atlantic Union Bankshares Corp 0.00% of their portfolio GLEN ALLEN, VA 773773 $146.7k $146.7k 0.00% New
71 Icon Wealth Advisors, LLC 0.01% of their portfolio HOUSTON, TX 604604 $114.7k $114.7k 0.01% New
72 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 592592 $112.4k $112.4k 0.00% Added +591 +591
73 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 472472 $89.6k $89.6k 0.00% Reduced -128 -128
74 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 448448 $85.0k $85.0k 0.00% Reduced -350 -350
75 Canton Hathaway, LLC 0.02% of their portfolio PROVIDENCE, RI 423423 $80.0k $80.0k 0.02% Unchanged
76 FMR LLC 0.00% of their portfolio BOSTON, MA 300300 $56.9k $56.9k 0.00% Reduced -240 -240
77 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 300300 $56.9k $56.9k 0.00% Unchanged
78 COMERICA BANK 0.00% of their portfolio DALLAS, TX 265265 $50.3k $50.3k 0.00% Reduced -10 -10
79 Amica Retiree Medical Trust 0.06% of their portfolio LINCOLN, RI 235235 $45.0k $45.0k 0.06% Reduced -71 -71
80 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 210210 $39.9k $39.9k 0.00% Unchanged
81 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 200200 $38.0k $38.0k 0.00% Unchanged
82 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 180180 $34.2k $34.2k 0.00% Unchanged
83 JNBA Financial Advisors 0.00% of their portfolio BLOOMINGTON, MN 163163 $30.9k $30.9k 0.00% Unchanged
84 Tidemark, LLC 0.01% of their portfolio SAN DIEGO, CA 120120 $22.8k $22.8k 0.01% Unchanged
85 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 110110 $20.9k $20.9k 0.00% Unchanged
86 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 100100 $19.0k $19.0k 0.00% Unchanged
87 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 100100 $19.0k $19.0k 0.00% Reduced -2.6k -2,622
88 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 100100 $19.0k $19.0k 0.00% Unchanged
89 Fourth Dimension Wealth, LLC 0.01% of their portfolio MIDDLEBURG HEIGHTS, OH 100100 $19.0k $19.0k 0.01% Unchanged
90 2UniFi Bank 0.01% of their portfolio JACKSON, WY 9090 $17.1k $17.1k 0.01% Unchanged
91 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 8989 $17.0k $17.0k 0.00% Reduced -165 -165
92 FAS Wealth Partners, Inc. 0.00% of their portfolio LEAWOOD, KS 8282 $15.6k $15.6k 0.00% Reduced -36 -36
93 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 8080 $15.2k $15.2k 0.00% New
94 VISION FINANCIAL MARKETS LLC 0.01% of their portfolio STAMFORD, CT 7878 $14.6k $14.6k 0.01% Added +1 +1
95 Rice Partnership, LLC 0.00% of their portfolio HONOLULU, HI 7676 $14.4k $14.4k 0.00% Unchanged
96 TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio LITTLETON, CO 7070 $13.3k $13.3k 0.00% Added +36 +36
97 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 6868 $12.0k $12.0k 0.00% Added +31 +31
98 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 6565 $12.3k $12.3k 0.00% Added +2 +2
99 Nemes Rush Group LLC 0.00% of their portfolio NOVI, MI 6262 $11.8k $11.8k 0.00% Unchanged
100 Kiker Wealth Management, LLC 0.01% of their portfolio JASPER, GA 5656 $10.6k $10.6k 0.01% Reduced -86 -86