Vault-13

SPDR SER TR RWR

DJ REIT ETF · ETP · CUSIP 78464A607

253 institutional holders +6 vs Q3 2025
12,192,11512.2m shares reported held*
$1.2bnreported value*
22 new 81 added 68 reduced 24 sold out net bought ≈ $25.9m (+294.6k 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 ($3.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $97.94. Options: 3 managers hold calls ($1.8m notional), 1 hold puts ($392.9k).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 246Q4 22: 257Q1 23: 246Q2 23: 237Q3 23: 239Q4 23: 269Q1 24: 247Q2 24: 253Q3 24: 257Q4 24: 262Q1 25: 253Q2 25: 256Q3 25: 247Q4 25: 253253Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022246
Q4 2022257
Q1 2023246
Q2 2023237
Q3 2023239
Q4 2023269
Q1 2024247
Q2 2024253
Q3 2024257
Q4 2024262
Q1 2025253
Q2 2025256
Q3 2025247
Q4 2025253

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 85 bought or addedQ1 24: 122 cut or sold outQ2 24: 100 bought or addedQ2 24: 99 cut or sold outQ2 24Q3 24: 98 bought or addedQ3 24: 97 cut or sold outQ4 24: 104 bought or addedQ4 24: 89 cut or sold outQ4 24Q1 25: 91 bought or addedQ1 25: 114 cut or sold outQ2 25: 103 bought or addedQ2 25: 101 cut or sold outQ2 25Q3 25: 85 bought or addedQ3 25: 122 cut or sold outQ4 25: 103 bought or addedQ4 25: 92 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202485122
Q2 202410099
Q3 20249897
Q4 202410489
Q1 202591114
Q2 2025103101
Q3 202585122
Q4 202510392

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ1 25 calls: $10.2mQ1 25 puts: $307.3kQ1 25P/C 0.03Q2 25 calls: $16.1mQ2 25 puts: $1.0mQ2 25P/C 0.06Q3 25 calls: $4.2mQ3 25 puts: $1.4mQ3 25P/C 0.34Q4 25 calls: $1.8mQ4 25 puts: $392.9kQ4 25P/C 0.22
Numbers
QuarterCallsPutsP/C
Q1 2025$10.2m$307.3k0.03
Q2 2025$16.1m$1.0m0.06
Q3 2025$4.2m$1.4m0.34
Q4 2025$1.8m$392.9k0.22

Biggest buyers

CITIGROUP INC Added +894,345+894.3k
TWO SIGMA INVESTMENTS, LP New +253,500+253.5k
AMERIPRISE FINANCIAL INC Added +172,457+172.5k
St. Clair Advisors, LLC New +129,257+129.3k
LPL Financial LLC Added +120,601+120.6k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +110,318+110.3k
ENVESTNET ASSET MANAGEMENT INC Added +50,113+50.1k
MILLENNIUM MANAGEMENT LLC Added +45,331+45.3k
BANK OF AMERICA CORP /DE/ Added +24,739+24.7k
ROYAL BANK OF CANADA Added +24,357+24.4k

Biggest sellers

JPMORGAN CHASE & CO Reduced -1,307,321-1.3m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -143,170-143.2k
NORTHERN TRUST CORP Reduced -67,096-67.1k
Clearstead Advisors, LLC Reduced -40,716-40.7k
STATE STREET CORP Sold out -36,700-36.7k
Aspire Private Capital, LLC Sold out -32,467-32.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -16,426-16.4k
OSAIC HOLDINGS, INC. Reduced -15,633-15.6k
Envestnet Portfolio Solutions, Inc. Sold out -14,723-14.7k
Valmark Advisers, Inc. Sold out -9,663-9.7k

Biggest calls

IMC-Chicago, LLC Reduced $1.6m26.0k shares
GROUP ONE TRADING LLC Reduced $176.0k2.9k shares
SG Americas Securities, LLC New $53.0k20.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $392.9k4.0k 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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.03% of their portfolio CHICAGO, IL 2,521,6402.5m $247.7m $247.7m 0.03% Reduced -67.1k -67,096
2 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 2,203,2852.2m $216.4m $216.4m 0.03% Added +110.3k +110,318
3 CITIGROUP INC 0.06% of their portfolio NEW YORK, NY 895,469895.5k $88.0m $88.0m 0.06% Added +894.3k +894,345
4 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 442,792442.8k $43.5m $43.5m 0.01% Reduced -3.7k -3,717
5 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 439,980440.0k $43.2m $43.2m 0.01% Added +120.6k +120,601
6 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 433,079433.1k $42.5m $42.5m 0.03% Added +45.3k +45,331
7 MASON STREET ADVISORS, LLC 3.54% of their portfolio MILWAUKEE, WI 366,555366.6k $36.0m $36.0m 3.54% Added +10.8k +10,750
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 345,499345.5k $33.9m $33.9m 0.00% Added +4.2k +4,189
9 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 332,934332.9k $32.7m $32.7m 0.01% Added +50.1k +50,113
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 297,916297.9k $29.3m $29.3m 0.00% Added +24.7k +24,739
11 TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio NEW YORK, NY 253,500253.5k $24.9m $24.9m 0.04% New
12 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 223,815223.8k $22.0m $22.0m 0.03% Reduced -3.9k -3,913
13 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 220,161220.2k $21.2m $21.2m 0.00% Added +172.5k +172,457
14 BlackRock, Inc. 0.00% of their portfolio New York, NY 218,674218.7k $21.5m $21.5m 0.00% Added +12.0k +12,015
15 UBS Group AG 0.00% of their portfolio ZURICH, V8 216,863216.9k $21.3m $21.3m 0.00% Reduced -5.4k -5,408
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 145,854145.9k $14.3m $14.3m 0.01% Reduced -143.2k -143,170
17 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 137,192137.2k $13.5m $13.5m 0.06% Added +5.9k +5,894
18 St. Clair Advisors, LLC 3.28% of their portfolio MAYFIELD HTS, OH 129,257129.3k $12.7m $12.7m 3.28% New
19 PATTON FUND MANAGEMENT, INC. 1.56% of their portfolio New York, NY 118,359118.4k $11.6m $11.6m 1.56% Reduced -2.6k -2,606
20 CAPITAL ADVISORS INC/OK 0.19% of their portfolio TULSA, OK 117,096117.1k $11.5m $11.5m 0.19% Reduced -1.2k -1,215
21 Frederick Financial Consultants, LLC 5.68% of their portfolio FREDERICK, MD 105,575105.6k $10.4m $10.4m 5.68% Added +3.1k +3,149
22 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 100,245100.2k $9.8m $9.8m 0.01% Reduced -536 -536
23 EVERGREEN CAPITAL MANAGEMENT LLC 0.22% of their portfolio Bellevue, WA 100,114100.1k $9.8m $9.8m 0.22% Added +3.9k +3,908
24 DT Investment Partners, LLC 0.58% of their portfolio CHADDS FORD, PA 70,90070.9k $7.0m $7.0m 0.58% Added +858 +858
25 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 69,85769.9k $6.9m $6.9m 0.00% Reduced -411 -411
26 Geneos Wealth Management Inc. 0.14% of their portfolio ENGLEWOOD, CO 60,05560.1k $5.9m $5.9m 0.14% Added +1.6k +1,608
27 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 57,79557.8k $5.7m $5.7m 0.00% Added +20.7k +20,706
28 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 57,53157.5k $5.7m $5.7m 0.00% Reduced -3.4k -3,448
29 Wealthcare Advisory Partners LLC 0.11% of their portfolio WEST CHESTER, PA 55,88855.9k $5.5m $5.5m 0.11% Reduced -1.4k -1,380
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 49,42849.4k $4.9m $4.9m 0.00% Added +24.4k +24,357
31 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 46,92846.9k $4.6m $4.6m 0.01% Added +2.5k +2,471
32 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 43,29943.3k $4.3m $4.3m 0.02% Added +9.0k +9,046
33 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 42,02742.0k $4.1m $4.1m 0.00% Reduced -1.3m -1,307,321
34 CITIZENS FINANCIAL GROUP INC/RI 0.05% of their portfolio PROVIDENCE, RI 41,58841.6k $4.1m $4.1m 0.05% Reduced -4.6k -4,619
35 Vestmark Advisory Solutions, Inc. 0.05% of their portfolio Wakefield, MA 40,10140.1k $3.9m $3.9m 0.05% Added +10.5k +10,465
36 Wealthspire Retirement, LLC 0.23% of their portfolio ALISO VIEJO, CA 38,02638.0k $3.7m $3.7m 0.23% Added +8.1k +8,050
37 Clearstead Advisors, LLC 0.05% of their portfolio CLEVELAND, OH 37,61637.6k $3.7m $3.7m 0.05% Reduced -40.7k -40,716
38 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 37,27637.3k $3.7m $3.7m 0.00% Reduced -2.2k -2,162
39 Adams Wealth Management 0.77% of their portfolio LOGAN, UT 36,62636.6k $3.6m $3.6m 0.77% Added +8.8k +8,800
40 CacheTech Inc. 0.67% of their portfolio LOGAN, UT 36,62636.6k $3.6m $3.6m 0.67% Added +8.8k +8,800
41 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 34,29534.3k $3.4m $3.4m 0.00% Added +22.9k +22,902
42 Falcon Wealth Planning 0.25% of their portfolio Ontario, CA 30,20730.2k $3.0m $3.0m 0.25% Reduced -1.3k -1,279
43 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 30,09530.1k $3.0m $3.0m 0.01% Reduced -6.8k -6,764
44 SMITH, MOORE & CO. 0.22% of their portfolio CLAYTON, MO 29,13129.1k $2.9m $2.9m 0.22% Added +150 +150
45 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 28,65228.7k $1.5m $1.5m 0.00% Added +22.3k +22,343
46 TRANSATLANTIQUE PRIVATE WEALTH LLC 0.35% of their portfolio NEW YORK, NY 28,30928.3k $1.1m $1.1m 0.35% Added +23.8k +23,809
47 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 27,66527.7k $2.7m $2.7m 0.00% Added +279 +279
48 ELEVATION POINT WEALTH PARTNERS, LLC 0.12% of their portfolio DENVER, CO 25,89525.9k $2.5m $2.5m 0.12% Added +10.5k +10,541
49 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 23,76523.8k $2.3m $2.3m 0.01% Reduced -359 -359
50 REBALANCE, LLC 0.13% of their portfolio PALO ALTO, CA 23,51223.5k $2.3m $2.3m 0.13% Added +695 +695
51 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 22,89422.9k $2.3m $2.3m 0.00% Reduced -15.6k -15,633
52 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 21,49721.5k $2.1m $2.1m 0.00% Reduced -1.6k -1,579
53 PHILLIPS FINANCIAL MANAGEMENT, LLC 0.13% of their portfolio FORT WAYNE, IN 20,76120.8k $2.0m $2.0m 0.13% Reduced -212 -212
54 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 19,07219.1k $1.9m $1.9m 0.00% Added +8.5k +8,466
55 CITY HOLDING CO 0.23% of their portfolio CHARLESTON, WV 18,63018.6k $1.8m $1.8m 0.23% Unchanged
56 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 18,39918.4k $1.8m $1.8m 0.00% Reduced -841 -841
57 Smallwood Wealth Investment Management, LLC 0.94% of their portfolio RED BANK, NJ 18,21318.2k $1.8m $1.8m 0.94% Reduced -696 -696
58 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 17,54917.5k $1.7m $1.7m 0.01% New
59 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 16,82816.8k $1.7m $1.7m 0.00% Reduced -1.2k -1,234
60 SBI Securities Co., Ltd. 0.04% of their portfolio TOKYO, M0 16,63616.6k $1.6m $1.6m 0.04% Reduced -1.4k -1,434
61 Onyx Bridge Wealth Group LLC 0.17% of their portfolio TARRYTOWN, NY 16,16516.2k $1.6m $1.6m 0.17% Reduced -6.9k -6,941
62 American Financial Advisors, LLC 0.19% of their portfolio Marietta, GA 15,32515.3k $1.5m $1.5m 0.19% Reduced -2.3k -2,344
63 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 15,31015.3k $1.5m $1.5m 0.00% Added +203 +203
64 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 14,75014.8k $1.4m $1.4m 0.00% Unchanged
65 Omega Financial Group, LLC 0.48% of their portfolio Santa Barbara, CA 14,54214.5k $1.4m $1.4m 0.48% Reduced -392 -392
66 Snowden Capital Advisors LLC 0.04% of their portfolio New York, NY 14,15014.2k $1.4m $1.4m 0.04% Added +1.7k +1,696
67 MOLLER WEALTH PARTNERS 0.27% of their portfolio NORTHFIELD, IL 13,06913.1k $1.3m $1.3m 0.27% Reduced -36 -36
68 Atlas Brown,Inc. 0.36% of their portfolio LOUISVILLE, KY 12,16112.2k $1.2m $1.2m 0.36% Added +9 +9
69 DAVIDSON TRUST CO 0.49% of their portfolio SEATTLE, WA 11,99912.0k $1.2m $1.2m 0.49% Unchanged
70 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 11,91411.9k $1.2m $1.2m 0.00% Added +5.4k +5,357
71 Mariner, LLC 0.00% of their portfolio Overland Park, KS 11,31311.3k $1.1m $1.1m 0.00% Reduced -637 -637
72 Destiny Capital Corp/CO 0.55% of their portfolio DENVER, CO 10,97211.0k $1.1m $1.1m 0.55% Reduced -218 -218
73 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 0.06% of their portfolio SAN FRANCISCO, CA 10,92410.9k $1.1m $1.1m 0.06% Added +37 +37
74 Savant Capital, LLC 0.01% of their portfolio ROCKFORD, IL 10,06410.1k $988.6k $988.6k 0.01% Reduced -487 -487
75 Gibson Capital, LLC 0.16% of their portfolio WEXFORD, PA 8,9959.0k $883.6k $883.6k 0.16% Unchanged
76 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 8,7818.8k $862.6k $862.6k 0.00% Unchanged
77 GLENMEDE TRUST CO NA 0.00% of their portfolio PHILADELPHIA, PA 8,7578.8k $860.2k $860.2k 0.00% First filing
78 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 8,7248.7k $856.9k $856.9k 0.00% Reduced -242 -242
79 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 7,7397.7k $776.1k $776.1k 0.00% Added +34 +34
80 Lee Financial Co 0.10% of their portfolio Dallas, TX 7,5367.5k $740.3k $740.3k 0.10% Added +896 +896
81 SIMON QUICK ADVISORS, LLC 0.03% of their portfolio MORRISTOWN, NJ 7,2587.3k $713.0k $713.0k 0.03% Added +316 +316
82 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 7,1737.2k $704.6k $704.6k 0.00% Reduced -509 -509
83 Pinnacle Financial Partners, Inc. 0.01% of their portfolio ATLANTA, GA 7,0737.1k $695.5k $695.5k 0.01% First filing
84 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 7,0307.0k $691.0k $691.0k 0.00% Added +26 +26
85 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 6,8986.9k $678.0k $678.0k 0.01% Reduced -7.9k -7,879
86 Midwest Trust Co 0.01% of their portfolio Overland Park, KS 6,8056.8k $668.5k $668.5k 0.01% Added +2.8k +2,806
87 CAMELOT TECHNOLOGY ADVISORS, INC. 0.50% of their portfolio SAN FRANCISCO, CA 6,7486.7k $662.8k $662.8k 0.50% Added +61 +61
88 Virtue Capital Management, LLC 0.06% of their portfolio BRENTWOOD, TN 6,7256.7k $383.1k $383.1k 0.06% Reduced -1.4k -1,377
89 Clientfirst Wealth Management, LLC 0.49% of their portfolio LITTLE ROCK, AR 6,2526.3k $614.1k $614.1k 0.49% Unchanged
90 Strategic Financial Partners, Ltd. 0.25% of their portfolio Bend, OR 5,7765.8k $567.4k $567.4k 0.25% Reduced -104 -104
91 Key Financial Inc 0.10% of their portfolio WEST CHESTER, PA 5,7305.7k $562.9k $562.9k 0.10% Unchanged
92 Kohmann Bosshard Financial Services, LLC 0.05% of their portfolio FAIRLAWN, OH 5,7275.7k $562.6k $562.6k 0.05% Unchanged
93 Avion Wealth 0.11% of their portfolio THE WOODLANDS, TX 5,4555.5k $535.0k $535.0k 0.11% Reduced -4.7k -4,724
94 AWM CAPITAL, LLC 0.05% of their portfolio Phoenix, AZ 5,3735.4k $527.8k $527.8k 0.05% Added +25 +25
95 CAMBIENT FAMILY OFFICE, LLC 0.07% of their portfolio ADA, MI 5,1245.1k $503.4k $503.4k 0.07% First filing
96 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 4,9615.0k $487.3k $487.3k 0.00% Unchanged
97 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 4,9354.9k $484.8k $484.8k 0.00% New
98 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 4,7644.8k $468.0k $468.0k 0.01% Added +4.7k +4,738
99 Urban Financial Advisory Corp 0.18% of their portfolio CHICAGO, IL 4,7354.7k $465.1k $465.1k 0.18% Added +58 +58
100 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 4,6694.7k $458.6k $458.6k 0.00% Reduced -2.2k -2,171