Vault-13

SPDR SERIES TRUST XSW

COMP SOFTWARE · ETP · CUSIP 78464A599

116 institutional holders +5 vs Q4 2025
1,565,1491.6m shares reported held*
$222.8mreported value*
28 new 24 added 31 reduced 22 sold out net bought ≈ $41.3m (+290.2k 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 ($147.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $142.32. Options: 2 managers hold calls ($1.4m notional), 2 hold puts ($2.1m).

Trends to Q1 2026

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: 113Q3 25: 115Q4 25: 111Q1 26: 116116Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025115
Q4 2025111
Q1 2026116

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 37 bought or addedQ2 24: 31 cut or sold outQ3 24: 21 bought or addedQ3 24: 42 cut or sold outQ3 24Q4 24: 40 bought or addedQ4 24: 40 cut or sold outQ1 25: 52 bought or addedQ1 25: 37 cut or sold outQ1 25Q2 25: 33 bought or addedQ2 25: 58 cut or sold outQ3 25: 41 bought or addedQ3 25: 45 cut or sold outQ3 25Q4 25: 33 bought or addedQ4 25: 53 cut or sold outQ1 26: 52 bought or addedQ1 26: 53 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20243731
Q3 20242142
Q4 20244040
Q1 20255237
Q2 20253358
Q3 20254145
Q4 20253353
Q1 20265253

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $415.3kQ3 25 puts: $39.6kQ3 25P/C 0.10Q4 25 calls: $318.1kQ4 25 puts: $374.3kQ4 25P/C 1.18Q1 26 calls: $1.4mQ1 26 puts: $2.1mQ1 26P/C 1.57
Numbers
QuarterCallsPutsP/C
Q2 2025$0$0—
Q3 2025$415.3k$39.6k0.10
Q4 2025$318.1k$374.3k1.18
Q1 2026$1.4m$2.1m1.57

Biggest buyers

CWM, LLC New +442,316+442.3k
Kingsview Wealth Management, LLC New +107,185+107.2k
MORGAN STANLEY Added +59,286+59.3k
Thrivent Financial for Lutherans New +39,439+39.4k
Performa Ltd (US), LLC New +27,000+27.0k
ROYAL BANK OF CANADA Added +18,433+18.4k
Tandem Financial, LLC Added +14,046+14.0k
Rockefeller Capital Management L.P. Added +12,713+12.7k
Composition Wealth, LLC Added +12,058+12.1k
JANE STREET GROUP, LLC New +10,309+10.3k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -321,689-321.7k
WELLS FARGO & COMPANY/MN Reduced -30,200-30.2k
Corient Private Wealth LP Reduced -28,637-28.6k
AMERIPRISE FINANCIAL INC Reduced -23,696-23.7k
LPL Financial LLC Reduced -17,548-17.5k
High Point Wealth Management, LLC Reduced -16,550-16.6k
Essex LLC Reduced -11,192-11.2k
JPMORGAN CHASE & CO Reduced -6,717-6.7k
RAYMOND JAMES FINANCIAL INC Reduced -5,652-5.7k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Sold out -5,210-5.2k

Biggest calls

Belvedere Trading LLC Added $939.1k6.6k shares
CITADEL ADVISORS LLC New $426.9k3.0k shares

Biggest puts

Belvedere Trading LLC Added $1.8m12.9k shares
CITADEL ADVISORS LLC New $313.0k2.2k 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 CWM, LLC 0.17% of their portfolio OMAHA, NE 442,316442.3k $62.9m $62.9m 0.17% New
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 244,439244.4k $34.8m $34.8m 0.00% Added +59.3k +59,286
3 Kingsview Wealth Management, LLC 0.21% of their portfolio GRANTS PASS, OR 107,185107.2k $15.3m $15.3m 0.21% New
4 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 100,465100.5k $14.3m $14.3m 0.00% Reduced -17.5k -17,548
5 McGuire Investment Group, LLC 1.07% of their portfolio WAKEFIELD, RI 66,28666.3k $9.4m $9.4m 1.07% Reduced -371 -371
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 65,43965.4k $9.3m $9.3m 0.00% Reduced -321.7k -321,689
7 UBS Group AG 0.00% of their portfolio ZURICH, V8 40,94440.9k $5.8m $5.8m 0.00% Added +1.9k +1,894
8 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 39,43939.4k $5.6m $5.6m 0.01% New
9 Fifth Third Securities, Inc. 0.28% of their portfolio Cincinnati, OH 30,49930.5k $4.3m $4.3m 0.28% Added +7.3k +7,311
10 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 27,56327.6k $3.9m $3.9m 0.00% Reduced -5.7k -5,652
11 Performa Ltd (US), LLC 0.87% of their portfolio CHARLESTON, SC 27,00027.0k $3.8m $3.8m 0.87% New
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 24,55824.6k $3.5m $3.5m 0.00% Added +18.4k +18,433
13 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 23,46023.5k $3.3m $3.3m 0.00% Reduced -30.2k -30,200
14 IEQ CAPITAL, LLC 0.01% of their portfolio Foster City, CA 20,84420.8k $3.0m $3.0m 0.01% Added +67 +67
15 Tandem Financial, LLC 0.93% of their portfolio GREENWOOD VILLAGE, CO 19,35519.4k $2.8m $2.8m 0.93% Added +14.0k +14,046
16 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 15,49215.5k $2.2m $2.2m 0.01% Reduced -3.2k -3,166
17 Essex LLC 0.39% of their portfolio DEER PARK, IL 15,35615.4k $2.2m $2.2m 0.39% Reduced -11.2k -11,192
18 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 13,55513.6k $1.9m $1.9m 0.00% Reduced -1.1k -1,079
19 Composition Wealth, LLC 0.03% of their portfolio LOS ANGELES, CA 13,47113.5k $1.9m $1.9m 0.03% Added +12.1k +12,058
20 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 13,30913.3k $1.9m $1.9m 0.00% Added +472 +472
21 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 12,76312.8k $1.8m $1.8m 0.00% Added +12.7k +12,713
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 11,91111.9k $1.7m $1.7m 0.00% Reduced -6.7k -6,717
23 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 10,30910.3k $1.5m $1.5m 0.00% New
24 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 10,26610.3k $1.5m $1.5m 0.00% Reduced -39 -39
25 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 10,02110.0k $1.4m $1.4m 0.00% Added +2.7k +2,651
26 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 9,9209.9k $1.4m $1.4m 0.00% New
27 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 9,5419.5k $1.3m $1.3m 0.00% Reduced -28.6k -28,637
28 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 8,1188.1k $1.2m $1.2m 0.00% Reduced -3.3k -3,306
29 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 8,0008.0k $1.1m $1.1m 0.00% New
30 NFSG Corp 0.17% of their portfolio BOCA RATON, FL 7,0717.1k $1.0m $1.0m 0.17% Reduced -258 -258
31 Arax Advisory Partners 0.03% of their portfolio NEW YORK, NY 6,6926.7k $952.2k $952.2k 0.03% Added +1.2k +1,179
32 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 5,9005.9k $842.1k $842.1k 0.00% New
33 Clear Harbor Asset Management, LLC 0.05% of their portfolio Stamford, CT 4,9354.9k $702.2k $702.2k 0.05% New
34 Bawa N Mallick Trust 0.24% of their portfolio FOREST HILLS, NY 4,1604.2k $591.9k $591.9k 0.24% Unchanged
35 LOWE BROCKENBROUGH & CO INC 0.03% of their portfolio RICHMOND, VA 4,1454.1k $589.8k $589.8k 0.03% New
36 High Point Wealth Management, LLC 0.56% of their portfolio CHESTER, NJ 4,0674.1k $578.7k $578.7k 0.56% Reduced -16.6k -16,550
37 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 3,9183.9k $557.5k $557.5k 0.00% Reduced -23.7k -23,696
38 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 3,8433.8k $546.8k $546.8k 0.00% Added +215 +215
39 Belvedere Trading LLC 0.07% of their portfolio CHICAGO, IL 3,7993.8k $540.6k $540.6k 0.07% New
40 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 3,7003.7k $526.5k $526.5k 0.00% Added +696 +696
41 Dale Q Rice Investment Management Ltd 0.39% of their portfolio VANCOUVER, WA 3,5963.6k $511.7k $511.7k 0.39% Reduced -508 -508
42 Grant Private Wealth Management Inc 0.26% of their portfolio PLEASANTON, CA 3,3793.4k $480.8k $480.8k 0.26% Reduced -301 -301
43 VestGen Advisors, LLC 0.01% of their portfolio CHICAGO, IL 3,1063.1k $484.6k $484.6k 0.01% New
44 AMICA MUTUAL INSURANCE CO 0.04% of their portfolio PROVIDENCE, RI 3,0243.0k $430.0k $430.0k 0.04% Unchanged
45 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 2,8752.9k $409.1k $409.1k 0.01% New
46 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 2,8312.8k $402.8k $402.8k 0.00% Added +78 +78
47 NTV Asset Management LLC 0.04% of their portfolio Charleston, WV 2,8232.8k $401.7k $401.7k 0.04% Added +250 +250
48 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 2,7502.8k $391.3k $391.3k 0.00% Reduced -1.5k -1,498
49 Kaizen Financial Strategies 0.18% of their portfolio CAMPBELL, CA 2,7352.7k $414.1k $414.1k 0.18% Added +50 +50
50 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 2,5352.5k $360.7k $360.7k 0.00% Reduced -824 -824
51 KINGSWOOD WEALTH ADVISORS, LLC 0.02% of their portfolio SAN DIEGO, CA 2,3602.4k $335.8k $335.8k 0.02% Reduced -319 -319
52 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 2,2422.2k $319.0k $319.0k 0.00% Unchanged
53 Beacon Financial Advisory LLC 0.07% of their portfolio CLEVELAND, OH 2,1562.2k $306.8k $306.8k 0.07% Added +133 +133
54 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 2,1212.1k $301.1k $301.1k 0.00% Reduced -220 -220
55 Sunbelt Securities, Inc. 0.02% of their portfolio HOUSTON, TX 2,0432.0k $290.7k $290.7k 0.02% Unchanged
56 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 2,0232.0k $279.7k $279.7k 0.00% Reduced -1.3k -1,302
57 Greenspring Advisors, LLC 0.02% of their portfolio Towson, MD 2,0102.0k $286.0k $286.0k 0.02% New
58 V2 Financial group LLC 0.13% of their portfolio NAPERVILLE, IL 1,9001.9k $270.4k $270.4k 0.13% Unchanged
59 LEVEL FOUR ADVISORY SERVICES, LLC 0.01% of their portfolio DALLAS, TX 1,7831.8k $253.7k $253.7k 0.01% Added +6 +6
60 RETIREMENT INCOME SOLUTIONS, INC 0.04% of their portfolio ANN ARBOR, MI 1,7041.7k $242.5k $242.5k 0.04% Reduced -275 -275
61 MWA Asset Management 0.13% of their portfolio DANVERS, MA 1,6141.6k $229.7k $229.7k 0.13% Reduced -220 -220
62 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,6081.6k $228.8k $228.8k 0.00% Added +458 +458
63 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 1,5341.5k $218.3k $218.3k 0.00% Added +100 +100
64 Sharper & Granite LLC 0.07% of their portfolio EL SEGUNDO, CA 1,5251.5k $217.0k $217.0k 0.07% New
65 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 1,5191.5k $216.1k $216.1k 0.00% Added +230 +230
66 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 1,5151.5k $215.6k $215.6k 0.00% Reduced -114 -114
67 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,1301.1k $160.8k $160.8k 0.00% Added +47 +47
68 GGM Financial LLC 0.07% of their portfolio COLUMBUS, OH 1,1141.1k $158.5k $158.5k 0.07% New
69 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 1,0341.0k $147.1k $147.1k 0.00% Added +548 +548
70 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 847847 $120.5k $120.5k 0.00% Reduced -275 -275
71 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 806806 $114.7k $114.7k 0.00% New
72 TD PRIVATE CLIENT WEALTH LLC 0.00% of their portfolio NEW YORK, NY 776776 $110.4k $110.4k 0.00% New
73 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 716716 $101.9k $101.9k 0.00% New
74 Atlantic Union Bankshares Corp 0.00% of their portfolio GLEN ALLEN, VA 673673 $95.8k $95.8k 0.00% Unchanged
75 Ramirez Asset Management, Inc. 0.01% of their portfolio NEW YORK, NY 600600 $85.4k $85.4k 0.01% Reduced -400 -400
76 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 592592 $84.2k $84.2k 0.00% Unchanged
77 FMR LLC 0.00% of their portfolio BOSTON, MA 480480 $68.3k $68.3k 0.00% Added +173 +173
78 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 472472 $67.2k $67.2k 0.00% Unchanged
79 Canton Hathaway, LLC 0.01% of their portfolio PROVIDENCE, RI 423423 $60.2k $60.2k 0.01% Unchanged
80 NATIXIS 0.00% of their portfolio PARIS, I0 390390 $54.8k $54.8k 0.00% New
81 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 375375 $53.4k $53.4k 0.00% New
82 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 250250 $35.6k $35.6k 0.00% New
83 Miller Capital Partners, Inc. 0.02% of their portfolio TROY, MI 225225 $32.0k $32.0k 0.02% New
84 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 200200 $28.5k $28.5k 0.00% Unchanged
85 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 182182 $26.5k $26.5k 0.00% Reduced -28 -28
86 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 177177 $25.2k $25.2k 0.00% Unchanged
87 Tidemark, LLC 0.00% of their portfolio SAN DIEGO, CA 120120 $17.1k $17.1k 0.00% Unchanged
88 Sherman Asset Management, Inc. 0.02% of their portfolio VENTURA, CA 118118 $16.8k $16.8k 0.02% Reduced -22 -22
89 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 117117 $16.7k $16.7k 0.00% Unchanged
90 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 112112 $16.0k $16.0k 0.00% New
91 Financial Life Planners 0.01% of their portfolio TEMPE, AZ 109109 $15.5k $15.5k 0.01% New
92 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 100100 $14.2k $14.2k 0.00% Unchanged
93 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 100100 $14.2k $14.2k 0.00% Unchanged
94 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 100100 $14.2k $14.2k 0.00% Reduced -359 -359
95 Fourth Dimension Wealth, LLC 0.01% of their portfolio MIDDLEBURG HEIGHTS, OH 100100 $14.2k $14.2k 0.01% Unchanged
96 Triumph Capital Management 0.00% of their portfolio DENVER, CO 9797 $13.8k $13.8k 0.00% Reduced -23 -23
97 2UniFi Bank 0.01% of their portfolio JACKSON, WY 9090 $12.8k $12.8k 0.01% Unchanged
98 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 8989 $12.7k $12.7k 0.00% Unchanged
99 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 7979 $11.2k $11.2k 0.00% New
100 VISION FINANCIAL MARKETS LLC 0.01% of their portfolio STAMFORD, CT 7878 $11.0k $11.0k 0.01% Unchanged