Vault-13

SPDR SERIES TRUST XAR

AEROSPACE DEF · ETP · CUSIP 78464A631

333 institutional holders +70 vs Q3 2023
7,272,6437.3m shares reported held*
$984.4mreported value*
73 new 110 added 72 reduced 17 sold out net bought ≈ $282.1m (+2.1m 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 ≈ $135.36. Options: 4 managers hold calls ($3.1m notional), 3 hold puts ($270.8k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 222Q4 22: 253Q1 23: 254Q2 23: 261Q3 23: 263Q4 23: 333333Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022222
Q4 2022253
Q1 2023254
Q2 2023261
Q3 2023263
Q4 2023333

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 115 bought or addedQ4 22: 92 cut or sold outQ4 22Q1 23: 122 bought or addedQ1 23: 96 cut or sold outQ1 23Q2 23: 101 bought or addedQ2 23: 108 cut or sold outQ2 23Q3 23: 115 bought or addedQ3 23: 102 cut or sold outQ3 23Q4 23: 183 bought or addedQ4 23: 89 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 202211592
Q1 202312296
Q2 2023101108
Q3 2023115102
Q4 202318389

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ1 23 calls: $2.2mQ1 23 puts: $444.3kQ1 23P/C 0.20Q2 23 calls: $2.2mQ2 23 puts: $316.0kQ2 23P/C 0.14Q3 23 calls: $1.5mQ3 23 puts: $0Q3 23P/C 0.00Q4 23 calls: $3.1mQ4 23 puts: $270.8kQ4 23P/C 0.09
Numbers
QuarterCallsPutsP/C
Q1 2023$2.2m$444.3k0.20
Q2 2023$2.2m$316.0k0.14
Q3 2023$1.5m$00.00
Q4 2023$3.1m$270.8k0.09

Biggest buyers

MORGAN STANLEY Added +755,852+755.9k
ENVESTNET ASSET MANAGEMENT INC Added +186,307+186.3k
LPL Financial LLC Added +155,318+155.3k
GREENLIGHT CAPITAL INC New +129,667+129.7k
JPMORGAN CHASE & CO Added +104,024+104.0k
PNC Financial Services Group, Inc. Added +63,542+63.5k
MML INVESTORS SERVICES, LLC Added +58,256+58.3k
Strategic Wealth Partners, Ltd. New +48,726+48.7k
Migdal Insurance & Financial Holdings Ltd. Added +47,856+47.9k
Raymond James Financial Services Advisors, Inc. Added +39,311+39.3k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -51,717-51.7k
Heirloom Wealth Management Sold out -36,550-36.5k
UBS Group AG Reduced -31,414-31.4k
TWO SIGMA INVESTMENTS, LP Reduced -22,365-22.4k
CITADEL ADVISORS LLC Sold out -13,843-13.8k
TWO SIGMA ADVISERS, LP Sold out -13,600-13.6k
TAP Consulting, LLC Sold out -10,583-10.6k
JANE STREET GROUP, LLC Sold out -10,036-10.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -9,637-9.6k
CUMBERLAND ADVISORS INC Reduced -7,831-7.8k

Biggest calls

Belvedere Trading LLC Added $1.7m12.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $934.4k6.9k shares
PEAK6 Investments LLC New $297.9k2.2k shares
Cutler Group LLC / CA Added $132.0k10.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $243.8k1.8k shares
Belvedere Trading LLC New $27.1k200 shares
Cutler Group LLC / CA Added $0600 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,360,7141.4m $184.3m $184.3m 0.01% Added +755.9k +755,852
2 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 998,941998.9k $135.3m $135.3m 0.08% Added +155.3k +155,318
3 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 755,529755.5k $102.3m $102.3m 0.01% Added +33.9k +33,949
4 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 260,186260.2k $35.2m $35.2m 0.01% Added +186.3k +186,307
5 CUMBERLAND ADVISORS INC 10.54% of their portfolio SARASOTA, FL 181,249181.2k $24.5m $24.5m 10.54% Reduced -7.8k -7,831
6 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 155,353155.4k $21.0m $21.0m 0.01% Reduced -4.3k -4,269
7 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 146,339146.3k $19.8m $19.8m 0.03% Added +29.5k +29,488
8 UBS Group AG 0.01% of their portfolio ZURICH, V8 140,728140.7k $19.1m $19.1m 0.01% Reduced -31.4k -31,414
9 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 134,748134.7k $18.2m $18.2m 0.01% Added +63.5k +63,542
10 GREENLIGHT CAPITAL INC 0.86% of their portfolio New York, NY 129,667129.7k $17.6m $17.6m 0.86% New
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 127,566127.6k $17.3m $17.3m 0.00% Added +104.0k +104,024
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 110,192110.2k $14.9m $14.9m 0.00% Reduced -51.7k -51,717
13 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 102,867102.9k $13.9m $13.9m 0.03% Added +36.3k +36,304
14 Migdal Insurance & Financial Holdings Ltd. 0.24% of their portfolio Petach Tikva, L3 87,80687.8k $11.9m $11.9m 0.24% Added +47.9k +47,856
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 85,87785.9k $11.6m $11.6m 0.00% Added +34.4k +34,365
16 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 84,59984.6k $11.5m $11.5m 0.02% Added +39.3k +39,311
17 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 83,25183.3k $11.3m $11.3m 0.01% Added +9.1k +9,148
18 Gerber Kawasaki Wealth & Investment Management 0.56% of their portfolio SANTA MONICA, CA 69,32969.3k $9.4m $9.4m 0.56% Added +20.9k +20,935
19 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 64,90164.9k $8.8m $8.8m 0.04% Added +58.3k +58,256
20 Kraft, Davis & Associates, LLC 2.44% of their portfolio St. Louis, MO 62,79362.8k $8.1m $8.1m 2.44% Reduced -1.6k -1,606
21 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 62,29562.3k $8.4m $8.4m 0.00% Added +15.5k +15,452
22 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 60,52160.5k $8.2m $8.2m 0.03% Reduced -5.7k -5,718
23 Strategic Wealth Partners, Ltd. 0.81% of their portfolio INDEPENDENCE, OH 48,72648.7k $6.6m $6.6m 0.81% New
24 Cetera Advisor Networks LLC 0.04% of their portfolio EL SEGUNDO, CA 47,84347.8k $6.5m $6.5m 0.04% Added +10.3k +10,324
25 Connectus Wealth, LLC 0.13% of their portfolio CINCINNATI, OH 47,62247.6k $6.4m $6.4m 0.13% Reduced -3.2k -3,237
26 WADE G W & INC 0.20% of their portfolio Wellesley, MA 44,99545.0k $6.1m $6.1m 0.20% Added +36 +36
27 Lee Financial Group Hawaii, Inc. 5.10% of their portfolio HONOLULU, HI 44,19844.2k $6.0m $6.0m 5.10% Reduced -469 -469
28 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 43,17143.2k $5.8m $5.8m 0.01% Added +5.0k +5,049
29 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 42,15342.2k $5.7m $5.7m 0.01% Added +4.1k +4,107
30 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.40% of their portfolio BIRMINGHAM, AL 41,63641.6k $5.6m $5.6m 0.40% Added +4.5k +4,459
31 CENTAURUS FINANCIAL, INC. 0.41% of their portfolio ANAHEIM, CA 39,44339.4k $5.3m $5.3m 0.41% Added +10.3k +10,287
32 BOURGEON CAPITAL MANAGEMENT LLC 1.16% of their portfolio Darien, CT 38,67238.7k $5.2m $5.2m 1.16% New
33 ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC 2.10% of their portfolio New Cumberland, PA 37,97238.0k $5.1m $5.1m 2.10% Added +3.9k +3,946
34 Lido Advisors, LLC 0.05% of their portfolio Los Angeles, CA 35,59235.6k $4.8m $4.8m 0.05% Added +2.0k +2,039
35 FLC Capital Advisors 1.25% of their portfolio PALM DESERT, CA 34,36634.4k $4.7m $4.7m 1.25% Added +30.1k +30,118
36 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 34,04434.0k $4.6m $4.6m 0.01% Added +27.9k +27,898
37 MEITAV INVESTMENT HOUSE LTD 0.06% of their portfolio BENE-BERAQ, L3 32,55432.6k $4.4m $4.4m 0.06% Added +17.1k +17,110
38 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 32,39932.4k $4.4m $4.4m 0.03% Added +21.1k +21,143
39 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 29,83729.8k $4.0m $4.0m 0.01% Reduced -5.7k -5,709
40 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 29,31529.3k $4.0m $4.0m 0.01% Reduced -53 -53
41 CoreCap Advisors, LLC 0.24% of their portfolio SOUTHFIELD, MI 27,77227.8k $3.8m $3.8m 0.24% New
42 Obsidian Personal Planning Solutions LLC 2.76% of their portfolio ROCKVILLE, MD 26,78426.8k $3.6m $3.6m 2.76% New
43 BANK HAPOALIM BM 0.48% of their portfolio TEL AVIV, L3 25,67125.7k $3.5m $3.5m 0.48% Reduced -1.5k -1,468
44 HBW ADVISORY SERVICES LLC 0.63% of their portfolio SIMI VALLEY, CA 24,90424.9k $3.4m $3.4m 0.63% Added +322 +322
45 Advisor Resource Council 0.37% of their portfolio DALLAS, TX 23,35323.4k $3.2m $3.2m 0.37% New
46 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 23,17923.2k $3.1m $3.1m 0.03% Reduced -364 -364
47 Scarborough Advisors, LLC 0.61% of their portfolio ANNAPOLIS, MD 21,86921.9k $3.0m $3.0m 0.61% New
48 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 21,35821.4k $2.9m $2.9m 0.01% Added +16.1k +16,114
49 SFI Advisors, LLC 2.40% of their portfolio Montclair, NJ 20,71020.7k $2.8m $2.8m 2.40% Reduced -953 -953
50 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 19,90819.9k $2.7m $2.7m 0.00% Reduced -1.5k -1,496
51 Atria Wealth Solutions, Inc. 0.03% of their portfolio NEW YORK, NY 19,69019.7k $2.7m $2.7m 0.03% Added +3.0k +2,959
52 Perigon Wealth Management, LLC 0.09% of their portfolio SAN FRANCISCO, CA 19,44619.4k $2.6m $2.6m 0.09% Added +334 +334
53 Pacific Sun Financial Corp 1.62% of their portfolio LOS ANGELES, CA 18,97619.0k $2.6m $2.6m 1.62% Reduced -330 -330
54 Stratos Wealth Partners, LTD. 0.05% of their portfolio BEACHWOOD, OH 18,21918.2k $2.5m $2.5m 0.05% Reduced -350 -350
55 PINNACLE ASSOCIATES LTD 0.04% of their portfolio NEW YORK, NY 17,47617.5k $2.4m $2.4m 0.04% Added +1.2k +1,160
56 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 17,31117.3k $2.3m $2.3m 0.02% Added +2.2k +2,169
57 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 17,19817.2k $2.3m $2.3m 0.00% Added +663 +663
58 American Financial Advisors, LLC 0.34% of their portfolio Marietta, GA 17,15317.2k $2.3m $2.3m 0.34% Reduced -1.2k -1,232
59 WBI INVESTMENTS, LLC 0.46% of their portfolio RED BANK, NJ 17,06617.1k $2.3m $2.3m 0.46% Reduced -574 -574
60 NovaPoint Capital, LLC 0.85% of their portfolio ATLANTA, GA 16,99917.0k $2.3m $2.3m 0.85% New
61 Mariner, LLC 0.01% of their portfolio Overland Park, KS 16,96117.0k $2.3m $2.3m 0.01% Added +9.8k +9,847
62 Sowell Financial Services LLC 0.12% of their portfolio NORTH LITTLE ROCK, AR 15,91715.9k $2.2m $2.2m 0.12% New
63 Kingsview Wealth Management, LLC 0.06% of their portfolio GRANTS PASS, OR 15,77815.8k $2.1m $2.1m 0.06% Added +6.4k +6,414
64 SeaCrest Wealth Management, LLC 0.24% of their portfolio PURCHASE, NY 14,62314.6k $1.9m $1.9m 0.24% Reduced -449 -449
65 Cetera Advisors LLC 0.03% of their portfolio DENVER, CO 14,46514.5k $2.0m $2.0m 0.03% Added +117 +117
66 DB Wealth Management Group, LLC 1.10% of their portfolio SAN DIEGO, CA 14,32714.3k $1.9m $1.9m 1.10% Added +1.5k +1,451
67 LINCOLN NATIONAL CORP 0.03% of their portfolio RADNOR, PA 14,25114.3k $1.9m $1.9m 0.03% Added +1.8k +1,824
68 IHT Wealth Management, LLC 0.08% of their portfolio Chicago, IL 13,83513.8k $1.9m $1.9m 0.08% Added +1.7k +1,707
69 Cavalier Investments, LLC 0.69% of their portfolio ALPHARETTA, GA 13,80413.8k $1.9m $1.9m 0.69% Unchanged
70 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 13,79813.8k $1.9m $1.9m 0.02% New
71 AVANTAX ADVISORY SERVICES, INC. 0.02% of their portfolio DALLAS, TX 13,53713.5k $1.8m $1.8m 0.02% Added +11.5k +11,483
72 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 13,33513.3k $1.8m $1.8m 0.00% Reduced -22.4k -22,365
73 Foundations Investment Advisors, LLC 0.05% of their portfolio PHOENIX, AZ 13,23913.2k $1.7m $1.7m 0.05% Reduced -2.4k -2,362
74 Anson Capital, Inc. 2.81% of their portfolio TYRONE, GA 12,58412.6k $1.7m $1.7m 2.81% Reduced -415 -415
75 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 11,95412.0k $1.6m $1.6m 0.01% Added +1.6k +1,605
76 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 11,88311.9k $1.6m $1.6m 0.02% Added +898 +898
77 Clarus Wealth Advisors 0.90% of their portfolio PEORIA, AZ 11,85011.8k $1.5m $1.5m 0.90% First filing
78 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 11,71611.7k $1.6m $1.6m 0.00% Reduced -9.6k -9,637
79 WCG Wealth Advisors LLC 0.11% of their portfolio LAS VEGAS, NV 11,52311.5k $1.6m $1.6m 0.11% Reduced -2.3k -2,321
80 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 11,44811.4k $1.6m $1.6m 0.01% Added +3.5k +3,479
81 OPPENHEIMER & CO INC 0.03% of their portfolio NEW YORK, NY 11,44711.4k $1.6m $1.6m 0.03% Added +8.2k +8,210
82 FLOW TRADERS U.S. LLC 0.05% of their portfolio NEW YORK, NY 11,29711.3k $1.5m $1.5m 0.05% New
83 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 10,72810.7k $1.5m $1.5m 0.00% Added +8.4k +8,414
84 MGB Wealth Management, LLC 0.73% of their portfolio ADDISON, TX 10,71110.7k $1.5m $1.5m 0.73% First filing
85 PARK AVENUE SECURITIES LLC 0.02% of their portfolio NEW YORK, NY 10,46810.5k $1.4m $1.4m 0.02% New
86 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 10,02210.0k $1.4m $1.4m 0.00% Added +1.0k +1,014
87 Vontobel Holding Ltd. 0.01% of their portfolio ZURICH, V8 10,00010.0k $1.4m $1.4m 0.01% Unchanged
88 WBH ADVISORY INC 0.15% of their portfolio BALTIMORE, MD 9,8269.8k $1.3m $1.3m 0.15% Added +7.2k +7,173
89 IFP Advisors, Inc 0.06% of their portfolio TAMPA, FL 9,6929.7k $1.3m $1.3m 0.06% Added +6.1k +6,054
90 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 9,3939.4k $1.2m $1.2m 0.01% Reduced -134 -134
91 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 9,3939.4k $1.2m $1.2m 0.01% Reduced -134 -134
92 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 9,2919.3k $1.3m $1.3m 0.00% Added +2.8k +2,769
93 GREAT VALLEY ADVISOR GROUP, INC. 0.04% of their portfolio WILMINGTON, DE 9,1329.1k $1.2m $1.2m 0.04% Added +6.4k +6,403
94 StrategIQ Financial Group, LLC 0.13% of their portfolio MERRILLVILLE, IN 8,1918.2k $1.1m $1.1m 0.13% Reduced -321 -321
95 PRELUDE CAPITAL MANAGEMENT, LLC 0.09% of their portfolio NEW YORK, NY 7,9908.0k $1.1m $1.1m 0.09% New
96 Family Asset Management, LLC 0.72% of their portfolio CHARLESTON, SC 7,9157.9k $1.1m $1.1m 0.72% New
97 B. Riley Wealth Advisors, Inc. 0.03% of their portfolio MEMPHIS, TN 7,9047.9k $1.1m $1.1m 0.03% Added +14 +14
98 PRINCIPAL SECURITIES, INC. 0.04% of their portfolio DES MOINES, IA 7,6417.6k $1.0m $1.0m 0.04% First filing
99 Stratos Wealth Advisors, LLC 0.06% of their portfolio BEACHWOOD, OH 7,5217.5k $1.0m $1.0m 0.06% New
100 Realta Investment Advisors 0.23% of their portfolio WILMINGTON, DE 7,5057.5k $1.0m $1.0m 0.23% Added +147 +147