Vault-13

SPDR SER TR SPAB

PORTFOLIO AGRGTE · ETP · CUSIP 78464A649

508 institutional holders -5 vs Q1 2025
269,676,953269.7m shares reported held*
$6.9bnreported value*
29 new 228 added 193 reduced 39 sold out net bought ≈ $416.7m (+16.3m 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 ($6.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.59.

Trends to Q2 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: 513Q2 25: 508508Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025508

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 218 bought or addedQ3 23: 186 cut or sold outQ4 23: 244 bought or addedQ4 23: 182 cut or sold outQ4 23Q1 24: 229 bought or addedQ1 24: 222 cut or sold outQ2 24: 235 bought or addedQ2 24: 195 cut or sold outQ2 24Q3 24: 269 bought or addedQ3 24: 175 cut or sold outQ4 24: 247 bought or addedQ4 24: 207 cut or sold outQ4 24Q1 25: 258 bought or addedQ1 25: 233 cut or sold outQ2 25: 257 bought or addedQ2 25: 232 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023218186
Q4 2023244182
Q1 2024229222
Q2 2024235195
Q3 2024269175
Q4 2024247207
Q1 2025258233
Q2 2025257232

Calls vs puts

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

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

Biggest buyers

STATE STREET CORP Added +12,031,034+12.0m
PARK AVENUE SECURITIES LLC New +1,741,499+1.7m
ROYAL BANK OF CANADA Added +1,236,118+1.2m
CWM, LLC Added +1,132,620+1.1m
ASSETMARK, INC Added +1,072,997+1.1m
CLIFTONLARSONALLEN WEALTH ADVISORS, LLC Added +889,542+889.5k
Rockefeller Capital Management L.P. Added +795,586+795.6k
Envestnet Portfolio Solutions, Inc. Added +595,173+595.2k
Cerity Partners LLC Added +573,590+573.6k
OSAIC HOLDINGS, INC. Added +565,337+565.3k

Biggest sellers

LPL Financial LLC Reduced -878,713-878.7k
Bank of New York Mellon Corp Reduced -853,629-853.6k
Advisor OS, LLC Reduced -822,413-822.4k
Advisor Resource Council Reduced -713,739-713.7k
N.E.W. Advisory Services LLC Reduced -546,886-546.9k
JANE STREET GROUP, LLC Reduced -487,733-487.7k
KWB Wealth Reduced -477,882-477.9k
TOWNSQUARE CAPITAL LLC Reduced -464,215-464.2k
Aveo Capital Partners, LLC Sold out -450,424-450.4k
Cetera Investment Advisers Reduced -440,002-440.0k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 STATE STREET CORP 0.02% of their portfolio BOSTON, MA 23,633,73623.6m $605.0m $605.0m 0.02% Added +12.0m +12,031,034
2 LPL Financial LLC 0.19% of their portfolio FORT MILL, SC 22,164,47822.2m $567.4m $567.4m 0.19% Reduced -878.7k -878,713
3 CWM, LLC 1.54% of their portfolio OMAHA, NE 17,087,70917.1m $437.4m $437.4m 1.54% Added +1.1m +1,132,620
4 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 5.43% of their portfolio MINNEAPOLIS, MN 12,634,91412.6m $323.5m $323.5m 5.43% Added +889.5k +889,542
5 ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio Berwyn, PA 11,100,50211.1m $284.2m $284.2m 0.08% Reduced -275.1k -275,115
6 Cerity Partners LLC 0.48% of their portfolio NEW YORK, NY 10,533,23110.5m $269.7m $269.7m 0.48% Added +573.6k +573,590
7 RiverFront Investment Group, LLC 3.86% of their portfolio RICHMOND, VA 7,716,6617.7m $197.5m $197.5m 3.86% Reduced -47.4k -47,401
8 Private Advisor Group, LLC 0.61% of their portfolio MORRISTOWN, NJ 4,428,6284.4m $113.4m $113.4m 0.61% Reduced -391.3k -391,323
9 OSAIC HOLDINGS, INC. 0.20% of their portfolio SCOTTSDALE, AZ 4,285,9674.3m $109.7m $109.7m 0.20% Added +565.3k +565,337
10 Gradient Investments LLC 1.82% of their portfolio ARDEN HILLS, MN 3,897,5873.9m $99.8m $99.8m 1.82% Reduced -172.5k -172,509
11 Willow Creek Wealth Management Inc. 8.51% of their portfolio Sebastopol, CA 3,695,0213.7m $94.6m $94.6m 8.51% Added +118.6k +118,603
12 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.15% of their portfolio PLYMOUTH, MN 3,629,5313.6m $92.2m $92.2m 0.15% Reduced -131.1k -131,110
13 TOBIAS FINANCIAL ADVISORS, INC. 15.25% of their portfolio Plantation, FL 3,479,7933.5m $89.1m $89.1m 15.25% Added +180.7k +180,678
14 Baker Avenue Asset Management, LP 2.19% of their portfolio SAN FRANCISCO, CA 2,999,5653.0m $76.8m $76.8m 2.19% Added +82.1k +82,092
15 RATIONAL ADVISORS, INC. 7.53% of their portfolio San Juan, PR 2,968,6363.0m $76.0m $76.0m 7.53% Reduced -118.2k -118,154
16 UNIVEST FINANCIAL Corp 4.55% of their portfolio SOUDERTON, PA 2,963,7653.0m $75.9m $75.9m 4.55% Added +23.4k +23,365
17 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 2,867,8082.9m $73.4m $73.4m 0.03% Added +112.3k +112,303
18 Good Life Advisors, LLC 4.55% of their portfolio READING, PA 2,841,9862.8m $72.8m $72.8m 4.55% Added +61.8k +61,753
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,499,7182.5m $64.0m $64.0m 0.00% Reduced -58.0k -57,968
20 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 2,450,8402.5m $62.7m $62.7m 0.01% Added +1.2m +1,236,118
21 Wealthcare Advisory Partners LLC 1.39% of their portfolio WEST CHESTER, PA 2,385,4852.4m $61.1m $61.1m 1.39% Added +161.6k +161,631
22 ASSETMARK, INC 0.14% of their portfolio CONCORD, CA 2,385,1712.4m $61.1m $61.1m 0.14% Added +1.1m +1,072,997
23 GREAT VALLEY ADVISOR GROUP, INC. 1.31% of their portfolio WILMINGTON, DE 2,316,9482.3m $59.3m $59.3m 1.31% Reduced -32.7k -32,726
24 Equitable Holdings, Inc. 0.49% of their portfolio NEW YORK, NY 2,307,3102.3m $59.1m $59.1m 0.49% Reduced -141.9k -141,900
25 Great Lakes Retirement, Inc. 6.50% of their portfolio SANDUSKY, OH 2,144,0712.1m $54.9m $54.9m 6.50% Added +44.2k +44,244
26 Kingsview Wealth Management, LLC 0.90% of their portfolio GRANTS PASS, OR 2,082,3332.1m $53.3m $53.3m 0.90% Added +28.3k +28,288
27 Trilogy Capital Inc. 2.56% of their portfolio IRVINE, CA 2,052,2292.1m $52.5m $52.5m 2.56% Reduced -3.1k -3,107
28 KWB Wealth 6.13% of their portfolio REDLANDS, CA 1,973,8892.0m $50.4m $50.4m 6.13% Reduced -477.9k -477,882
29 Stratos Investment Management, LLC 2.30% of their portfolio BEACHWOOD, OH 1,962,9472.0m $50.3m $50.3m 2.30% Added +51.6k +51,582
30 AlphaStar Capital Management, LLC 3.44% of their portfolio CORNELIUS, NC 1,910,0061.9m $48.9m $48.9m 3.44% Reduced -160.1k -160,100
31 NewEdge Advisors, LLC 0.25% of their portfolio NEW ORLEANS, LA 1,906,4791.9m $48.8m $48.8m 0.25% Added +136.2k +136,200
32 PARK AVENUE SECURITIES LLC 0.41% of their portfolio NEW YORK, NY 1,741,4991.7m $44.6m $44.6m 0.41% New
33 N.E.W. Advisory Services LLC 4.31% of their portfolio DE PERE, WI 1,735,9801.7m $44.4m $44.4m 4.31% Reduced -546.9k -546,886
34 MAI Capital Management 0.30% of their portfolio INDEPENDENCE, OH 1,715,3181.7m $43.9m $43.9m 0.30% Added +94.8k +94,846
35 Financial Strategies Group, Inc. 8.94% of their portfolio OKEMOS, MI 1,692,7861.7m $42.8m $42.8m 8.94% Added +61.6k +61,601
36 GM Advisory Group, LLC 2.09% of their portfolio MELVILLE, NY 1,649,5601.6m $42.2m $42.2m 2.09% Added +16.7k +16,662
37 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,633,8221.6m $41.8m $41.8m 0.00% Reduced -126.6k -126,565
38 Waverly Advisors, LLC 0.45% of their portfolio BIRMINGHAM, AL 1,616,1321.6m $41.4m $41.4m 0.45% Added +47.0k +47,013
39 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 1,583,4261.6m $40.5m $40.5m 0.05% Added +795.6k +795,586
40 Sanctuary Advisors, LLC 0.24% of their portfolio INDIANAPOLIS, IN 1,505,4651.5m $38.5m $38.5m 0.24% Reduced -57.8k -57,829
41 CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC 7.24% of their portfolio BETHLEHEM, PA 1,469,5601.5m $37.6m $37.6m 7.24% Added +172.2k +172,229
42 Envestnet Portfolio Solutions, Inc. 0.14% of their portfolio BERWYN, PA 1,436,4251.4m $36.8m $36.8m 0.14% Added +595.2k +595,173
43 McNamara Financial Services, Inc. 7.04% of their portfolio MARSHFIELD, MA 1,386,5301.4m $35.5m $35.5m 7.04% Added +12.5k +12,535
44 Stadion Money Management, LLC 2.89% of their portfolio WATKINSVILLE, GA 1,381,6601.4m $35.3m $35.3m 2.89% Reduced -62.7k -62,700
45 SYON CAPITAL LLC 2.23% of their portfolio SAN FRANCISCO, CA 1,314,8621.3m $33.7m $33.7m 2.23% Reduced -9.7k -9,730
46 Wealth Management Nebraska 4.36% of their portfolio Norfolk, NE 1,263,2721.3m $32.2m $32.2m 4.36% Added +27.6k +27,635
47 OneDigital Investment Advisors LLC 0.35% of their portfolio OVERLAND PARK, KS 1,230,5371.2m $31.5m $31.5m 0.35% Added +276.9k +276,898
48 Trinity Wealth Management, LLC 12.43% of their portfolio BERWYN, PA 1,223,3441.2m $31.3m $31.3m 12.43% Added +110.8k +110,784
49 US BANCORP \DE\ 0.04% of their portfolio MINNEAPOLIS, MN 1,179,0291.2m $30.2m $30.2m 0.04% Added +7.4k +7,386
50 ARRIEN INVESTMENTS, INC. 18.40% of their portfolio BOISE, ID 1,137,3701.1m $29.1m $29.1m 18.40% Added +35.4k +35,379
51 Banco Santander, S.A. 0.27% of their portfolio Madrid, U3 1,124,5851.1m $28.8m $28.8m 0.27% Added +265.9k +265,912
52 Convergence Financial, LLC 4.95% of their portfolio COLUMBIA, MO 1,124,4041.1m $28.8m $28.8m 4.95% Added +3.9k +3,895
53 Aspire Private Capital, LLC 6.63% of their portfolio Cornelius, NC 1,114,3031.1m $28.5m $28.5m 6.63% Added +301.0k +300,993
54 Clear Creek Financial Management, LLC 2.67% of their portfolio SILVERDALE, WA 1,097,5171.1m $28.1m $28.1m 2.67% Reduced -119.2k -119,211
55 Money Design Co.,Ltd. 1.31% of their portfolio TOKYO, M0 1,097,0731.1m $28.1m $28.1m 1.31% Added +51.7k +51,742
56 Arete Wealth Advisors, LLC 1.97% of their portfolio CHICAGO, IL 1,085,5531.1m $27.8m $27.8m 1.97% Added +124.8k +124,810
57 Mariner, LLC 0.04% of their portfolio Overland Park, KS 1,083,3851.1m $27.7m $27.7m 0.04% Reduced -385.5k -385,508
58 TRUEFG, LLC 8.15% of their portfolio CEDAR PARK, TX 1,070,5311.1m $27.4m $27.4m 8.15% Added +9.8k +9,844
59 LODESTAR PRIVATE ASSET MANAGEMENT LLC 3.12% of their portfolio ALAMO, CA 1,057,2431.1m $27.1m $27.1m 3.12% Added +32.5k +32,491
60 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,050,2961.1m $26.9m $26.9m 0.01% Added +134.5k +134,506
61 IHT Wealth Management, LLC 0.73% of their portfolio Chicago, IL 1,035,9061.0m $26.5m $26.5m 0.73% Reduced -85.6k -85,619
62 CUTLER INVESTMENT COUNSEL LLC 2.91% of their portfolio Jacksonville, OR 1,021,5281.0m $26.2m $26.2m 2.91% Added +37.6k +37,573
63 Cambridge Investment Research Advisors, Inc. 0.08% of their portfolio FAIRFIELD, IA 990,506990.5k $25.4m $25.4m 0.08% Added +193.8k +193,847
64 Americana Partners, LLC 0.85% of their portfolio Houston, TX 961,561961.6k $24.6m $24.6m 0.85% Added +64.3k +64,335
65 RESTON WEALTH MANAGEMENT LLC 8.35% of their portfolio Reston, VA 930,582930.6k $23.8m $23.8m 8.35% Added +7.8k +7,801
66 Advisory Alpha, LLC 0.73% of their portfolio HOLLAND, MI 910,897910.9k $23.3m $23.3m 0.73% Added +36.1k +36,091
67 Bristlecone Advisors, LLC 1.95% of their portfolio BELLEVUE, WA 904,947904.9k $23.2m $23.2m 1.95% Reduced -21.8k -21,752
68 WALLER FINANCIAL PLANNING GROUP, INC 5.43% of their portfolio COLUMBUS, OH 876,859876.9k $22.4m $22.4m 5.43% Added +14.2k +14,232
69 Bensler, LLC 2.50% of their portfolio Bellevue, WA 873,067873.1k $22.4m $22.4m 2.50% Reduced -138.4k -138,391
70 Leading Edge Financial Planning LLC 6.00% of their portfolio KNOXVILLE, TN 842,874842.9k $21.6m $21.6m 6.00% Added +32.7k +32,742
71 Apella Capital, LLC 0.58% of their portfolio WEST HARTFORD, CT 837,816837.8k $21.2m $21.2m 0.58% Added +327.6k +327,649
72 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 814,832814.8k $20.9m $20.9m 0.06% Added +87.9k +87,948
73 WealthPlan Investment Management, LLC 1.52% of their portfolio OMAHA, NE 812,905812.9k $20.8m $20.8m 1.52% Added +42.2k +42,188
74 Pinnacle Wealth Planning Services, Inc. 2.67% of their portfolio MANSFIELD, OH 791,983792.0k $20.3m $20.3m 2.67% Added +18.7k +18,678
75 JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio DES PERES, MO 777,857777.9k $19.8m $19.8m 0.02% Added +78.0k +78,021
76 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 741,627741.6k $19.0m $19.0m 0.02% Reduced -22.9k -22,900
77 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 735,412735.4k $18.8m $18.8m 0.05% Reduced -2.7k -2,675
78 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 710,779710.8k $18.2m $18.2m 0.03% Reduced -440.0k -440,002
79 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 692,806692.8k $17.7m $17.7m 0.00% Reduced -23.5k -23,503
80 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 680,676680.7k $17.4m $17.4m 0.00% Added +6.4k +6,406
81 MONEY CONCEPTS CAPITAL CORP 1.15% of their portfolio PALM BEACH GARDENS, FL 670,775670.8k $17.2m $17.2m 1.15% Reduced -18.9k -18,874
82 Weitzel Financial Services, Inc. 7.16% of their portfolio DUBUQUE, IA 661,917661.9k $16.9m $16.9m 7.16% Added +17.9k +17,893
83 Simplicity Wealth,LLC 0.67% of their portfolio SUMMIT, NJ 626,788626.8k $16.0m $16.0m 0.67% Added +482.5k +482,535
84 Kagan Cocozza Asset Management 12.07% of their portfolio MICKLETON, NJ 615,119615.1k $15.7m $15.7m 12.07% Added +1.9k +1,926
85 Algorithmic Investment Models, LLC 10.12% of their portfolio Boston, MA 577,881577.9k $14.8m $14.8m 10.12% Added +19.6k +19,606
86 CHOREO, LLC 0.21% of their portfolio ROCKFORD, IL 574,164574.2k $14.7m $14.7m 0.21% Reduced -182.3k -182,305
87 Stewardship Advisors, LLC 3.72% of their portfolio MOUNT JOY, PA 573,602573.6k $14.7m $14.7m 3.72% Added +2.0k +2,032
88 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 524,494524.5k $13.4m $13.4m 0.01% Added +42.1k +42,148
89 Rinkey Investments 3.94% of their portfolio San Diego, CA 511,983512.0k $13.1m $13.1m 3.94% Reduced -46.2k -46,163
90 Copley Financial Group, Inc. 9.60% of their portfolio SAN DIEGO, CA 505,572505.6k $12.9m $12.9m 9.60% Reduced -56.0k -56,004
91 Golden State Wealth Management, LLC 1.57% of their portfolio SANTA ANA, CA 503,795503.8k $12.9m $12.9m 1.57% Reduced -8.0k -8,014
92 Advisory Resource Group 2.46% of their portfolio Tulsa, OK 500,122500.1k $12.8m $12.8m 2.46% Added +37.4k +37,431
93 RFG Advisory, LLC 0.29% of their portfolio BIRMINGHAM, AL 485,171485.2k $12.4m $12.4m 0.29% Added +14.6k +14,589
94 SigFig Wealth Management, LLC 0.41% of their portfolio SAN FRANCISCO, CA 484,543484.5k $12.4m $12.4m 0.41% Added +29.9k +29,850
95 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 473,977474.0k $12.1m $12.1m 0.02% Added +82.1k +82,114
96 TSFG, LLC 2.08% of their portfolio LAKE FOREST, IL 447,927447.9k $11.5m $11.5m 2.08% Added +7.4k +7,361
97 Columbia River Financial Group, LLC 7.41% of their portfolio VANCOUVER, WA 447,211447.2k $11.4m $11.4m 7.41% Reduced -589 -589
98 MIdWestOne Financial Group, Inc. 1.45% of their portfolio Iowa City, IA 436,493436.5k $11.2m $11.2m 1.45% New
99 Rockbridge Investment Management, LCC 1.19% of their portfolio Syracuse, NY 434,268434.3k $11.1m $11.1m 1.19% Added +2.9k +2,903
100 MONETA GROUP INVESTMENT ADVISORS LLC 0.13% of their portfolio ST LOUIS, MO 420,478420.5k $10.8m $10.8m 0.13% Reduced -2.6k -2,587