Vault-13

SPDR SER TR SPAB

PORTFOLIO AGRGTE · ETP · CUSIP 78464A649

513 institutional holders +10 vs Q4 2024
253,391,396253.4m shares reported held*
$6.5bnreported value*
42 new 216 added 197 reduced 36 sold out net sold ≈ $87.4m (-3.3m 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 ($2.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.53. Options: 0 managers hold calls (— notional), 1 hold puts ($7.7k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 391Q4 22: 422Q1 23: 415Q2 23: 417Q3 23: 409Q4 23: 448Q1 24: 440Q2 24: 457Q3 24: 463Q4 24: 503Q1 25: 513513Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022391
Q4 2022422
Q1 2023415
Q2 2023417
Q3 2023409
Q4 2023448
Q1 2024440
Q2 2024457
Q3 2024463
Q4 2024503
Q1 2025513

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 230 bought or addedQ2 23: 177 cut or sold outQ3 23: 218 bought or addedQ3 23: 186 cut or sold outQ3 23Q4 23: 244 bought or addedQ4 23: 182 cut or sold outQ1 24: 229 bought or addedQ1 24: 222 cut or sold outQ1 24Q2 24: 235 bought or addedQ2 24: 195 cut or sold outQ3 24: 269 bought or addedQ3 24: 175 cut or sold outQ3 24Q4 24: 247 bought or addedQ4 24: 207 cut or sold outQ1 25: 258 bought or addedQ1 25: 233 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023230177
Q3 2023218186
Q4 2023244182
Q1 2024229222
Q2 2024235195
Q3 2024269175
Q4 2024247207
Q1 2025258233

Calls vs puts

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

CallsPuts
$0$10k$20k$30kQ2 24 calls: $7.5kQ2 24 puts: $0Q2 24P/C 0.00Q3 24 calls: $20.9kQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $7.7kQ1 25P/C —
Numbers
QuarterCallsPutsP/C
Q2 2024$7.5k$00.00
Q3 2024$20.9k$00.00
Q4 2024$0$0—
Q1 2025$0$7.7k—

Biggest buyers

STATE STREET CORP Added +1,415,138+1.4m
Private Advisor Group, LLC Added +982,629+982.6k
Advisor OS, LLC Added +828,830+828.8k
Advisor Resource Council New +732,332+732.3k
UNIVEST FINANCIAL Corp Added +721,570+721.6k
UBS Group AG Added +642,670+642.7k
Cerity Partners LLC Added +565,051+565.1k
JANE STREET GROUP, LLC Added +543,447+543.4k
ENVESTNET ASSET MANAGEMENT INC Added +428,187+428.2k
Apella Capital, LLC Added +418,413+418.4k

Biggest sellers

LPL Financial LLC Reduced -2,640,999-2.6m
SYON CAPITAL LLC Reduced -2,280,862-2.3m
PARK AVENUE SECURITIES LLC Sold out -1,527,961-1.5m
CLIFTONLARSONALLEN WEALTH ADVISORS, LLC Reduced -1,075,695-1.1m
Heartwood Wealth Advisors LLC Reduced -902,838-902.8k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -834,978-835.0k
Independent Advisor Alliance Sold out -683,559-683.6k
HighTower Advisors, LLC Reduced -482,950-482.9k
Collier Financial Reduced -451,882-451.9k
Jacobi Capital Management LLC Reduced -395,433-395.4k

Biggest calls

None

Biggest puts

CITADEL ADVISORS LLC New $7.7k300 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.23% of their portfolio FORT MILL, SC 23,043,19123.0m $588.5m $588.5m 0.23% Reduced -2.6m -2,640,999
2 CWM, LLC 1.63% of their portfolio OMAHA, NE 15,955,08916.0m $407.5m $407.5m 1.63% Reduced -373.1k -373,060
3 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 5.59% of their portfolio MINNEAPOLIS, MN 11,745,37211.7m $300.0m $300.0m 5.59% Reduced -1.1m -1,075,695
4 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 11,602,70211.6m $296.3m $296.3m 0.01% Added +1.4m +1,415,138
5 ENVESTNET ASSET MANAGEMENT INC 0.09% of their portfolio Berwyn, PA 11,375,61711.4m $290.5m $290.5m 0.09% Added +428.2k +428,187
6 Cerity Partners LLC 0.52% of their portfolio NEW YORK, NY 9,959,64110.0m $254.4m $254.4m 0.52% Added +565.1k +565,051
7 RiverFront Investment Group, LLC 4.41% of their portfolio RICHMOND, VA 7,764,0627.8m $198.3m $198.3m 4.41% Added +353.9k +353,884
8 Private Advisor Group, LLC 0.74% of their portfolio MORRISTOWN, NJ 4,819,9514.8m $123.1m $123.1m 0.74% Added +982.6k +982,629
9 Gradient Investments LLC 2.10% of their portfolio ARDEN HILLS, MN 4,070,0964.1m $104.0m $104.0m 2.10% Reduced -281.0k -280,971
10 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.18% of their portfolio PLYMOUTH, MN 3,760,6413.8m $96.0m $96.0m 0.18% Reduced -835.0k -834,978
11 OSAIC HOLDINGS, INC. 0.21% of their portfolio SCOTTSDALE, AZ 3,720,6303.7m $95.0m $95.0m 0.21% Reduced -388.3k -388,300
12 Willow Creek Wealth Management Inc. 8.89% of their portfolio Sebastopol, CA 3,576,4183.6m $91.3m $91.3m 8.89% Added +96.6k +96,577
13 TOBIAS FINANCIAL ADVISORS, INC. 16.37% of their portfolio Plantation, FL 3,299,1153.3m $84.3m $84.3m 16.37% Added +165.7k +165,731
14 RATIONAL ADVISORS, INC. 7.96% of their portfolio San Juan, PR 3,086,7903.1m $78.8m $78.8m 7.96% Reduced -304.2k -304,234
15 UNIVEST FINANCIAL Corp 4.91% of their portfolio SOUDERTON, PA 2,940,4002.9m $75.1m $75.1m 4.91% Added +721.6k +721,570
16 Baker Avenue Asset Management, LP 2.33% of their portfolio SAN FRANCISCO, CA 2,917,4732.9m $74.5m $74.5m 2.33% Added +66.9k +66,865
17 Good Life Advisors, LLC 5.00% of their portfolio READING, PA 2,780,2332.8m $71.0m $71.0m 5.00% Added +44.7k +44,679
18 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 2,755,5052.8m $70.4m $70.4m 0.03% Added +14.1k +14,143
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,557,6862.6m $65.3m $65.3m 0.00% Added +37.4k +37,399
20 KWB Wealth 7.39% of their portfolio REDLANDS, CA 2,451,7712.5m $61.3m $61.3m 7.39% Reduced -54.2k -54,218
21 Equitable Holdings, Inc. 0.59% of their portfolio NEW YORK, NY 2,449,2102.4m $62.6m $62.6m 0.59% Reduced -358.9k -358,870
22 GREAT VALLEY ADVISOR GROUP, INC. 1.29% of their portfolio WILMINGTON, DE 2,349,6742.3m $60.0m $60.0m 1.29% Added +250.0k +250,030
23 N.E.W. Advisory Services LLC 4.46% of their portfolio DE PERE, WI 2,282,8662.3m $58.3m $58.3m 4.46% Added +227.5k +227,510
24 Wealthcare Advisory Partners LLC 1.52% of their portfolio WEST CHESTER, PA 2,223,8542.2m $56.8m $56.8m 1.52% Reduced -184.8k -184,771
25 Great Lakes Retirement, Inc. 7.03% of their portfolio SANDUSKY, OH 2,099,8272.1m $53.6m $53.6m 7.03% Added +64.8k +64,818
26 AlphaStar Capital Management, LLC 5.32% of their portfolio CORNELIUS, NC 2,070,1062.1m $52.9m $52.9m 5.32% Added +759 +759
27 Trilogy Capital Inc. 2.75% of their portfolio IRVINE, CA 2,055,3362.1m $52.5m $52.5m 2.75% Reduced -66.5k -66,492
28 Kingsview Wealth Management, LLC 0.99% of their portfolio GRANTS PASS, OR 2,054,0452.1m $52.5m $52.5m 0.99% Reduced -144.1k -144,088
29 Stratos Investment Management, LLC 2.60% of their portfolio BEACHWOOD, OH 1,911,3651.9m $48.8m $48.8m 2.60% Added +120.1k +120,123
30 NewEdge Advisors, LLC 0.27% of their portfolio NEW ORLEANS, LA 1,770,2791.8m $45.2m $45.2m 0.27% Reduced -54.2k -54,156
31 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,760,3871.8m $45.0m $45.0m 0.00% Reduced -18.7k -18,692
32 GM Advisory Group, LLC 2.25% of their portfolio MELVILLE, NY 1,632,8981.6m $41.7m $41.7m 2.25% Added +148.7k +148,735
33 Financial Strategies Group, Inc. 9.74% of their portfolio OKEMOS, MI 1,631,1851.6m $41.2m $41.2m 9.74% Added +9.0k +8,957
34 MAI Capital Management 0.31% of their portfolio INDEPENDENCE, OH 1,620,4721.6m $41.4m $41.4m 0.31% Added +41.0k +40,954
35 Waverly Advisors, LLC 0.49% of their portfolio BIRMINGHAM, AL 1,569,1191.6m $40.1m $40.1m 0.49% Added +49.1k +49,092
36 Sanctuary Advisors, LLC 0.28% of their portfolio INDIANAPOLIS, IN 1,563,2941.6m $39.9m $39.9m 0.28% Reduced -762 -762
37 Mariner, LLC 0.06% of their portfolio Overland Park, KS 1,468,8931.5m $37.5m $37.5m 0.06% Added +101.1k +101,108
38 Stadion Money Management, LLC 3.68% of their portfolio WATKINSVILLE, GA 1,444,3601.4m $36.9m $36.9m 3.68% Reduced -87.6k -87,610
39 McNamara Financial Services, Inc. 7.55% of their portfolio MARSHFIELD, MA 1,373,9951.4m $35.1m $35.1m 7.55% Added +107.5k +107,502
40 SYON CAPITAL LLC 2.75% of their portfolio SAN FRANCISCO, CA 1,324,5921.3m $33.8m $33.8m 2.75% Reduced -2.3m -2,280,862
41 ASSETMARK, INC 0.09% of their portfolio CONCORD, CA 1,312,1741.3m $33.5m $33.5m 0.09% Added +148.4k +148,355
42 CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC 6.79% of their portfolio BETHLEHEM, PA 1,297,3311.3m $33.1m $33.1m 6.79% Added +82.6k +82,607
43 Wealth Management Nebraska 4.80% of their portfolio Norfolk, NE 1,235,6371.2m $31.6m $31.6m 4.80% Added +32.0k +32,048
44 Clear Creek Financial Management, LLC 3.22% of their portfolio SILVERDALE, WA 1,216,7281.2m $31.1m $31.1m 3.22% Added +344.5k +344,548
45 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,214,7221.2m $31.0m $31.0m 0.01% Added +48.9k +48,893
46 US BANCORP \DE\ 0.04% of their portfolio MINNEAPOLIS, MN 1,171,6431.2m $29.9m $29.9m 0.04% Added +17.8k +17,834
47 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 1,150,7811.2m $29.4m $29.4m 0.06% Added +71.4k +71,353
48 IHT Wealth Management, LLC 0.89% of their portfolio Chicago, IL 1,121,5251.1m $28.6m $28.6m 0.89% Reduced -90.4k -90,360
49 Convergence Financial, LLC 5.62% of their portfolio COLUMBIA, MO 1,120,5091.1m $28.6m $28.6m 5.62% Added +66.5k +66,461
50 Trinity Wealth Management, LLC 12.97% of their portfolio BERWYN, PA 1,112,5601.1m $28.4m $28.4m 12.97% Added +14.8k +14,837
51 ARRIEN INVESTMENTS, INC. 20.18% of their portfolio BOISE, ID 1,101,9911.1m $28.1m $28.1m 20.18% Added +16.3k +16,283
52 TRUEFG, LLC 8.91% of their portfolio CEDAR PARK, TX 1,060,6871.1m $27.1m $27.1m 8.91% Added +26.4k +26,404
53 Money Design Co.,Ltd. 1.33% of their portfolio TOKYO, M0 1,045,3311.0m $26.7m $26.7m 1.33% Reduced -40.4k -40,397
54 LODESTAR PRIVATE ASSET MANAGEMENT LLC 3.29% of their portfolio ALAMO, CA 1,024,7521.0m $26.2m $26.2m 3.29% Added +8.0k +8,040
55 Bensler, LLC 3.23% of their portfolio Bellevue, WA 1,011,4581.0m $25.8m $25.8m 3.23% Reduced -58.8k -58,834
56 CUTLER INVESTMENT COUNSEL LLC 3.02% of their portfolio Jacksonville, OR 983,955984.0k $25.1m $25.1m 3.02% Added +134.9k +134,889
57 Arete Wealth Advisors, LLC 1.87% of their portfolio CHICAGO, IL 960,743960.7k $24.5m $24.5m 1.87% Added +95.4k +95,364
58 OneDigital Investment Advisors LLC 0.29% of their portfolio OVERLAND PARK, KS 953,639953.6k $24.4m $24.4m 0.29% Reduced -100.0k -99,962
59 Bristlecone Advisors, LLC 1.93% of their portfolio BELLEVUE, WA 926,699926.7k $23.7m $23.7m 1.93% Reduced -58.8k -58,795
60 RESTON WEALTH MANAGEMENT LLC 9.53% of their portfolio Reston, VA 922,781922.8k $23.6m $23.6m 9.53% Reduced -164.2k -164,199
61 UBS Group AG 0.01% of their portfolio ZURICH, V8 915,790915.8k $23.4m $23.4m 0.01% Added +642.7k +642,670
62 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 911,799911.8k $23.3m $23.3m 0.00% Added +51.5k +51,457
63 Americana Partners, LLC 0.89% of their portfolio Houston, TX 897,226897.2k $22.9m $22.9m 0.89% Added +291.7k +291,699
64 Advisory Alpha, LLC 0.76% of their portfolio HOLLAND, MI 874,806874.8k $22.3m $22.3m 0.76% Added +32.9k +32,891
65 WALLER FINANCIAL PLANNING GROUP, INC 6.19% of their portfolio COLUMBUS, OH 862,627862.6k $22.0m $22.0m 6.19% Reduced -64.7k -64,652
66 Banco Santander, S.A. 0.24% of their portfolio Madrid, U3 858,673858.7k $21.9m $21.9m 0.24% Added +2.1k +2,105
67 Envestnet Portfolio Solutions, Inc. 0.08% of their portfolio BERWYN, PA 841,252841.3k $21.5m $21.5m 0.08% Reduced -5.3k -5,256
68 Advisor OS, LLC 2.44% of their portfolio CHICAGO, IL 839,416839.4k $21.4m $21.4m 2.44% Added +828.8k +828,830
69 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 835,500835.5k $21.3m $21.3m 0.04% Added +543.4k +543,447
70 Aspire Private Capital, LLC 5.17% of their portfolio Cornelius, NC 813,310813.3k $20.8m $20.8m 5.17% Added +234.9k +234,921
71 Leading Edge Financial Planning LLC 6.46% of their portfolio KNOXVILLE, TN 810,132810.1k $20.7m $20.7m 6.46% Added +32.5k +32,505
72 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 796,659796.7k $20.3m $20.3m 0.07% Added +40.8k +40,793
73 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 787,840787.8k $20.1m $20.1m 0.05% Added +49.3k +49,286
74 Pinnacle Wealth Planning Services, Inc. 2.97% of their portfolio MANSFIELD, OH 773,305773.3k $19.8m $19.8m 2.97% Added +40.0k +40,010
75 WealthPlan Investment Management, LLC 1.94% of their portfolio OMAHA, NE 770,717770.7k $19.7m $19.7m 1.94% Added +21.0k +21,024
76 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 764,527764.5k $19.5m $19.5m 0.02% Added +78.8k +78,790
77 CHOREO, LLC 0.30% of their portfolio ROCKFORD, IL 756,469756.5k $19.3m $19.3m 0.30% Reduced -341.7k -341,671
78 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 738,087738.1k $18.9m $18.9m 0.05% Reduced -34.0k -34,045
79 Advisor Resource Council 1.47% of their portfolio DALLAS, TX 732,332732.3k $18.2m $18.2m 1.47% New
80 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 726,884726.9k $18.6m $18.6m 0.06% Added +66.1k +66,129
81 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 716,309716.3k $18.3m $18.3m 0.00% Reduced -86.1k -86,141
82 JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio DES PERES, MO 699,836699.8k $17.8m $17.8m 0.02% Added +114.3k +114,268
83 MONEY CONCEPTS CAPITAL CORP 1.32% of their portfolio PALM BEACH GARDENS, FL 689,649689.6k $17.6m $17.6m 1.32% Reduced -40.1k -40,096
84 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 674,270674.3k $17.2m $17.2m 0.00% Reduced -968 -968
85 Weitzel Financial Services, Inc. 7.87% of their portfolio DUBUQUE, IA 644,024644.0k $16.5m $16.5m 7.87% Added +111.8k +111,754
86 Kagan Cocozza Asset Management 12.80% of their portfolio MICKLETON, NJ 613,193613.2k $15.7m $15.7m 12.80% Added +33.7k +33,736
87 TOWNSQUARE CAPITAL LLC 0.16% of their portfolio Lehi, UT 601,159601.2k $15.4m $15.4m 0.16% Added +377.0k +376,974
88 Stewardship Advisors, LLC 3.94% of their portfolio MOUNT JOY, PA 571,570571.6k $14.6m $14.6m 3.94% Added +22.3k +22,303
89 Copley Financial Group, Inc. 10.98% of their portfolio SAN DIEGO, CA 561,576561.6k $14.3m $14.3m 10.98% Reduced -9.3k -9,265
90 Algorithmic Investment Models, LLC 10.50% of their portfolio Boston, MA 558,275558.3k $14.3m $14.3m 10.50% Reduced -24.5k -24,520
91 Rinkey Investments 4.52% of their portfolio San Diego, CA 558,146558.1k $14.3m $14.3m 4.52% Reduced -12.3k -12,287
92 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 528,484528.5k $13.5m $13.5m 0.01% First filing
93 Golden State Wealth Management, LLC 1.94% of their portfolio SANTA ANA, CA 511,809511.8k $13.1m $13.1m 1.94% Added +854 +854
94 Apella Capital, LLC 0.44% of their portfolio WEST HARTFORD, CT 510,167510.2k $12.9m $12.9m 0.44% Added +418.4k +418,413
95 Larson Financial Group LLC 0.59% of their portfolio ST LOUIS, MO 486,079486.1k $12.4m $12.4m 0.59% Reduced -43.1k -43,112
96 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 482,346482.3k $12.3m $12.3m 0.01% Reduced -9.9k -9,870
97 Geneos Wealth Management Inc. 0.18% of their portfolio ENGLEWOOD, CO 479,353479.4k $12.2m $12.2m 0.18% Added +266.9k +266,901
98 RFG Advisory, LLC 0.32% of their portfolio BIRMINGHAM, AL 470,582470.6k $12.0m $12.0m 0.32% Reduced -116.4k -116,417
99 Advisory Resource Group 2.41% of their portfolio Tulsa, OK 462,691462.7k $11.8m $11.8m 2.41% Added +44.8k +44,770
100 SigFig Wealth Management, LLC 0.44% of their portfolio SAN FRANCISCO, CA 454,693454.7k $12.2m $12.2m 0.44% Reduced -435 -435