Vault-13

SPDR SER TR SPAB

PORTFOLIO AGRGTE · ETP · CUSIP 78464A649

490 institutional holders -18 vs Q2 2025
263,551,884263.6m shares reported held*
$6.8bnreported value*
31 new 217 added 185 reduced 40 sold out net sold ≈ $21.1m (-760.9k 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 ($23.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.84.

Trends to Q3 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: 508Q3 25: 490490Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 2025490

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 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 25Q2 25: 257 bought or addedQ2 25: 232 cut or sold outQ3 25: 248 bought or addedQ3 25: 225 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023244182
Q1 2024229222
Q2 2024235195
Q3 2024269175
Q4 2024247207
Q1 2025258233
Q2 2025257232
Q3 2025248225

Calls vs puts

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

CallsPuts
$0$2k$4k$6k$8kQ4 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 —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —
Numbers
QuarterCallsPutsP/C
Q4 2024$0$0—
Q1 2025$0$7.7k—
Q2 2025$0$0—
Q3 2025$0$0—

Biggest buyers

EXCHANGE TRADED CONCEPTS, LLC New +6,973,510+7.0m
Horizon Investments, LLC Added +6,972,817+7.0m
JPMORGAN CHASE & CO Added +1,920,670+1.9m
CLIFTONLARSONALLEN WEALTH ADVISORS, LLC Added +1,530,403+1.5m
Sanctuary Advisors, LLC Added +1,365,591+1.4m
Vestmark Advisory Solutions, Inc. Added +800,621+800.6k
ELEVATION POINT WEALTH PARTNERS, LLC New +704,237+704.2k
Aspire Private Capital, LLC Added +682,152+682.2k
Beacon Pointe Advisors, LLC New +546,245+546.2k
Cerity Partners LLC Added +541,686+541.7k

Biggest sellers

STATE STREET CORP Reduced -14,595,182-14.6m
Private Advisor Group, LLC Reduced -2,551,697-2.6m
ASSETMARK, INC Reduced -1,623,708-1.6m
Envestnet Portfolio Solutions, Inc. Reduced -1,396,949-1.4m
ROYAL BANK OF CANADA Reduced -1,289,956-1.3m
Rockefeller Capital Management L.P. Reduced -745,937-745.9k
ENVESTNET ASSET MANAGEMENT INC Reduced -683,024-683.0k
UBS Group AG Reduced -657,199-657.2k
JANE STREET GROUP, LLC Sold out -347,767-347.8k
CAHABA WEALTH MANAGEMENT, INC. Reduced -328,710-328.7k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.17% of their portfolio FORT MILL, SC 21,969,57222.0m $567.9m $567.9m 0.17% Reduced -194.9k -194,906
2 CWM, LLC 1.32% of their portfolio OMAHA, NE 16,996,64717.0m $439.4m $439.4m 1.32% Reduced -91.1k -91,062
3 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 5.78% of their portfolio MINNEAPOLIS, MN 14,165,31714.2m $366.2m $366.2m 5.78% Added +1.5m +1,530,403
4 Cerity Partners LLC 0.46% of their portfolio NEW YORK, NY 11,074,91711.1m $286.3m $286.3m 0.46% Added +541.7k +541,686
5 ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio Berwyn, PA 10,417,47810.4m $269.3m $269.3m 0.08% Reduced -683.0k -683,024
6 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 9,038,5549.0m $233.6m $233.6m 0.01% Reduced -14.6m -14,595,182
7 RiverFront Investment Group, LLC 3.53% of their portfolio RICHMOND, VA 7,773,9247.8m $201.0m $201.0m 3.53% Added +57.3k +57,263
8 Horizon Investments, LLC 2.37% of their portfolio Charlotte, NC 6,979,7237.0m $180.4m $180.4m 2.37% Added +7.0m +6,972,817
9 EXCHANGE TRADED CONCEPTS, LLC 1.72% of their portfolio Oklahoma City, OK 6,973,5107.0m $180.3m $180.3m 1.72% New
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,420,3884.4m $114.3m $114.3m 0.00% Added +1.9m +1,920,670
11 OSAIC HOLDINGS, INC. 0.15% of their portfolio SCOTTSDALE, AZ 4,116,5604.1m $105.7m $105.7m 0.15% Reduced -169.4k -169,407
12 Willow Creek Wealth Management Inc. 8.38% of their portfolio Sebastopol, CA 3,934,8313.9m $101.7m $101.7m 8.38% Added +239.8k +239,810
13 Gradient Investments LLC 1.65% of their portfolio ARDEN HILLS, MN 3,834,5753.8m $99.1m $99.1m 1.65% Reduced -63.0k -63,012
14 TOBIAS FINANCIAL ADVISORS, INC. 14.50% of their portfolio Plantation, FL 3,692,7513.7m $95.5m $95.5m 14.50% Added +213.0k +212,958
15 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.14% of their portfolio PLYMOUTH, MN 3,644,9783.6m $94.1m $94.1m 0.14% Added +15.4k +15,447
16 Baker Avenue Asset Management, LP 1.91% of their portfolio SAN FRANCISCO, CA 3,086,9953.1m $79.8m $79.8m 1.91% Added +87.4k +87,430
17 UNIVEST FINANCIAL Corp 4.46% of their portfolio SOUDERTON, PA 3,080,7423.1m $79.6m $79.6m 4.46% Added +117.0k +116,977
18 RATIONAL ADVISORS, INC. 7.55% of their portfolio San Juan, PR 2,937,3032.9m $75.9m $75.9m 7.55% Reduced -31.3k -31,333
19 Sanctuary Advisors, LLC 0.22% of their portfolio INDIANAPOLIS, IN 2,871,0562.9m $73.7m $73.7m 0.22% Added +1.4m +1,365,591
20 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 2,613,6852.6m $67.6m $67.6m 0.02% Reduced -254.1k -254,123
21 GREAT VALLEY ADVISOR GROUP, INC. 1.33% of their portfolio WILMINGTON, DE 2,562,7162.6m $66.2m $66.2m 1.33% Added +245.8k +245,768
22 Wealthcare Advisory Partners LLC 1.35% of their portfolio WEST CHESTER, PA 2,502,6982.5m $64.7m $64.7m 1.35% Added +117.2k +117,213
23 Kingsview Wealth Management, LLC 0.91% of their portfolio GRANTS PASS, OR 2,312,2822.3m $59.8m $59.8m 0.91% Added +229.9k +229,949
24 Equitable Holdings, Inc. 0.43% of their portfolio NEW YORK, NY 2,263,7602.3m $58.5m $58.5m 0.43% Reduced -43.5k -43,550
25 Great Lakes Retirement, Inc. 6.23% of their portfolio SANDUSKY, OH 2,206,7432.2m $57.0m $57.0m 6.23% Added +62.7k +62,672
26 Trilogy Capital Inc. 2.49% of their portfolio IRVINE, CA 2,083,1822.1m $53.9m $53.9m 2.49% Added +31.0k +30,953
27 Stratos Investment Management, LLC 2.19% of their portfolio BEACHWOOD, OH 2,048,1602.0m $52.9m $52.9m 2.19% Added +85.2k +85,213
28 AlphaStar Capital Management, LLC 4.30% of their portfolio CORNELIUS, NC 1,929,3131.9m $49.9m $49.9m 4.30% Added +19.3k +19,307
29 Private Advisor Group, LLC 0.24% of their portfolio MORRISTOWN, NJ 1,876,9311.9m $48.5m $48.5m 0.24% Reduced -2.6m -2,551,697
30 MAI Capital Management 0.30% of their portfolio INDEPENDENCE, OH 1,850,2121.9m $47.8m $47.8m 0.30% Added +134.9k +134,894
31 N.E.W. Advisory Services LLC 4.17% of their portfolio DE PERE, WI 1,804,3261.8m $46.6m $46.6m 4.17% Added +68.3k +68,346
32 Aspire Private Capital, LLC 5.21% of their portfolio Cornelius, NC 1,796,4551.8m $46.2m $46.2m 5.21% Added +682.2k +682,152
33 KWB Wealth 5.01% of their portfolio REDLANDS, CA 1,770,3601.8m $45.3m $45.3m 5.01% Reduced -203.5k -203,529
34 Financial Strategies Group, Inc. 8.70% of their portfolio OKEMOS, MI 1,767,8951.8m $45.6m $45.6m 8.70% Added +75.1k +75,109
35 GM Advisory Group, LLC 1.86% of their portfolio MELVILLE, NY 1,689,3231.7m $43.7m $43.7m 1.86% Added +39.8k +39,763
36 Waverly Advisors, LLC 0.43% of their portfolio BIRMINGHAM, AL 1,664,3331.7m $43.0m $43.0m 0.43% Added +48.2k +48,201
37 PARK AVENUE SECURITIES LLC 0.33% of their portfolio NEW YORK, NY 1,616,2341.6m $41.8m $41.8m 0.33% Reduced -125.3k -125,265
38 NewEdge Advisors, LLC 0.19% of their portfolio NEW ORLEANS, LA 1,595,7661.6m $41.3m $41.3m 0.19% Reduced -310.7k -310,713
39 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,591,9411.6m $41.2m $41.2m 0.00% Reduced -41.9k -41,881
40 CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC 7.04% of their portfolio BETHLEHEM, PA 1,557,4781.6m $40.3m $40.3m 7.04% Added +87.9k +87,918
41 McNamara Financial Services, Inc. 6.78% of their portfolio MARSHFIELD, MA 1,410,7711.4m $36.5m $36.5m 6.78% Added +24.2k +24,241
42 Wealth Management Nebraska 4.19% of their portfolio Norfolk, NE 1,361,3911.4m $35.2m $35.2m 4.19% Added +98.1k +98,119
43 Stadion Money Management, LLC 2.75% of their portfolio WATKINSVILLE, GA 1,334,9161.3m $34.4m $34.4m 2.75% Reduced -46.7k -46,744
44 Trinity Wealth Management, LLC 12.11% of their portfolio BERWYN, PA 1,249,0711.2m $32.3m $32.3m 12.11% Added +25.7k +25,727
45 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 1,233,7811.2m $31.9m $31.9m 0.04% Added +523.0k +523,002
46 Convergence Financial, LLC 4.78% of their portfolio COLUMBIA, MO 1,232,5681.2m $31.9m $31.9m 4.78% Added +108.2k +108,164
47 ARRIEN INVESTMENTS, INC. 18.21% of their portfolio BOISE, ID 1,204,5511.2m $31.1m $31.1m 18.21% Added +67.2k +67,181
48 Clear Creek Financial Management, LLC 2.67% of their portfolio SILVERDALE, WA 1,193,7841.2m $30.9m $30.9m 2.67% Added +96.3k +96,267
49 SYON CAPITAL LLC 1.64% of their portfolio SAN FRANCISCO, CA 1,183,0241.2m $30.6m $30.6m 1.64% Reduced -131.8k -131,838
50 LODESTAR PRIVATE ASSET MANAGEMENT LLC 3.14% of their portfolio ALAMO, CA 1,162,5821.2m $30.1m $30.1m 3.14% Added +105.3k +105,339
51 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,160,8841.2m $30.0m $30.0m 0.01% Reduced -1.3m -1,289,956
52 US BANCORP \DE\ 0.04% of their portfolio MINNEAPOLIS, MN 1,150,1261.2m $29.7m $29.7m 0.04% Reduced -28.9k -28,903
53 Mariner, LLC 0.04% of their portfolio Overland Park, KS 1,145,9151.1m $29.6m $29.6m 0.04% Added +62.5k +62,530
54 TRUEFG, LLC 8.14% of their portfolio CEDAR PARK, TX 1,139,7511.1m $29.5m $29.5m 8.14% Added +69.2k +69,220
55 Arete Wealth Advisors, LLC 1.83% of their portfolio CHICAGO, IL 1,127,2661.1m $29.1m $29.1m 1.83% Added +41.7k +41,713
56 Banco Santander, S.A. 0.26% of their portfolio Madrid, U3 1,117,5851.1m $28.9m $28.9m 0.26% Reduced -7.0k -7,000
57 Americana Partners, LLC 0.84% of their portfolio Houston, TX 1,082,5311.1m $28.0m $28.0m 0.84% Added +121.0k +120,970
58 Apella Capital, LLC 0.62% of their portfolio WEST HARTFORD, CT 1,073,0581.1m $28.0m $28.0m 0.62% Added +235.2k +235,242
59 CUTLER INVESTMENT COUNSEL LLC 2.89% of their portfolio Jacksonville, OR 1,065,8351.1m $27.6m $27.6m 2.89% Added +44.3k +44,307
60 RESTON WEALTH MANAGEMENT LLC 7.95% of their portfolio Reston, VA 952,736952.7k $24.6m $24.6m 7.95% Added +22.2k +22,154
61 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 944,049944.0k $24.4m $24.4m 0.02% Added +202.4k +202,422
62 Janney Montgomery Scott LLC 0.06% of their portfolio PHILADELPHIA, PA 938,667938.7k $24.3m $24.3m 0.06% Added +203.3k +203,255
63 OneDigital Investment Advisors LLC 0.25% of their portfolio OVERLAND PARK, KS 926,426926.4k $23.9m $23.9m 0.25% Reduced -304.1k -304,111
64 Advisory Alpha, LLC 0.66% of their portfolio HOLLAND, MI 918,991919.0k $23.8m $23.8m 0.66% Added +8.1k +8,094
65 Leading Edge Financial Planning LLC 5.91% of their portfolio KNOXVILLE, TN 910,937910.9k $23.5m $23.5m 5.91% Added +68.1k +68,063
66 WALLER FINANCIAL PLANNING GROUP, INC 5.34% of their portfolio COLUMBUS, OH 899,592899.6k $23.3m $23.3m 5.34% Added +22.7k +22,733
67 Vestmark Advisory Solutions, Inc. 0.44% of their portfolio Wakefield, MA 890,564890.6k $23.0m $23.0m 0.44% Added +800.6k +800,621
68 Bristlecone Advisors, LLC 1.90% of their portfolio BELLEVUE, WA 877,707877.7k $22.7m $22.7m 1.90% Reduced -27.2k -27,240
69 Pinnacle Wealth Planning Services, Inc. 2.61% of their portfolio MANSFIELD, OH 862,738862.7k $22.3m $22.3m 2.61% Added +70.8k +70,755
70 WealthPlan Investment Management, LLC 1.47% of their portfolio OMAHA, NE 857,845857.8k $22.2m $22.2m 1.47% Added +44.9k +44,940
71 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 845,552845.6k $21.9m $21.9m 0.06% Added +30.7k +30,720
72 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 837,489837.5k $21.6m $21.6m 0.04% Reduced -745.9k -745,937
73 MONETA GROUP INVESTMENT ADVISORS LLC 0.17% of their portfolio ST LOUIS, MO 821,788821.8k $21.2m $21.2m 0.17% Added +401.3k +401,310
74 Bensler, LLC 2.19% of their portfolio Bellevue, WA 815,329815.3k $21.1m $21.1m 2.19% Reduced -57.7k -57,738
75 IHT Wealth Management, LLC 0.53% of their portfolio Chicago, IL 812,166812.2k $21.0m $21.0m 0.53% Reduced -223.7k -223,740
76 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 800,960801.0k $20.7m $20.7m 0.06% Reduced -189.5k -189,546
77 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 789,870789.9k $20.4m $20.4m 0.01% Added +12.0k +12,013
78 ASSETMARK, INC 0.04% of their portfolio CONCORD, CA 761,463761.5k $19.7m $19.7m 0.04% Reduced -1.6m -1,623,708
79 MONEY CONCEPTS CAPITAL CORP 1.14% of their portfolio PALM BEACH GARDENS, FL 713,449713.4k $18.4m $18.4m 1.14% Added +42.7k +42,674
80 ELEVATION POINT WEALTH PARTNERS, LLC 1.27% of their portfolio DENVER, CO 704,237704.2k $18.2m $18.2m 1.27% New
81 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 690,691690.7k $17.9m $17.9m 0.00% Added +10.0k +10,015
82 Weitzel Financial Services, Inc. 7.12% of their portfolio DUBUQUE, IA 675,717675.7k $17.5m $17.5m 7.12% Added +13.8k +13,800
83 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 658,872658.9k $17.0m $17.0m 0.00% Reduced -33.9k -33,934
84 Kagan Cocozza Asset Management 12.54% of their portfolio MICKLETON, NJ 640,613640.6k $16.6m $16.6m 12.54% Added +25.5k +25,494
85 Algorithmic Investment Models, LLC 10.44% of their portfolio Boston, MA 608,102608.1k $15.7m $15.7m 10.44% Added +30.2k +30,221
86 Stewardship Advisors, LLC 3.67% of their portfolio MOUNT JOY, PA 600,617600.6k $15.5m $15.5m 3.67% Added +27.0k +27,015
87 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 587,395587.4k $15.2m $15.2m 0.01% Added +423.0k +422,956
88 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 551,275551.3k $14.3m $14.3m 0.01% Added +26.8k +26,781
89 Beacon Pointe Advisors, LLC 0.12% of their portfolio NEWPORT BEACH, CA 546,245546.2k $14.1m $14.1m 0.12% New
90 CHOREO, LLC 0.18% of their portfolio ROCKFORD, IL 537,144537.1k $13.9m $13.9m 0.18% Reduced -37.0k -37,020
91 FLAGSHIP HARBOR ADVISORS, LLC 0.60% of their portfolio BOSTON, MA 534,418534.4k $13.8m $13.8m 0.60% Added +446.4k +446,415
92 SigFig Wealth Management, LLC 0.41% of their portfolio SAN FRANCISCO, CA 508,420508.4k $13.1m $13.1m 0.41% Added +23.9k +23,877
93 Golden State Wealth Management, LLC 1.44% of their portfolio SANTA ANA, CA 504,436504.4k $13.0m $13.0m 1.44% Added +641 +641
94 Jacobi Capital Management LLC 0.79% of their portfolio PITTSTON, PA 503,599503.6k $13.0m $13.0m 0.79% Added +275.6k +275,597
95 Copley Financial Group, Inc. 8.71% of their portfolio SAN DIEGO, CA 492,758492.8k $12.7m $12.7m 8.71% Reduced -12.8k -12,814
96 MIdWestOne Financial Group, Inc. 1.54% of their portfolio Iowa City, IA 490,947490.9k $12.7m $12.7m 1.54% Added +54.5k +54,454
97 RFG Advisory, LLC 0.26% of their portfolio BIRMINGHAM, AL 484,127484.1k $12.5m $12.5m 0.26% Reduced -1.0k -1,044
98 Rinkey Investments 3.31% of their portfolio San Diego, CA 482,617482.6k $12.5m $12.5m 3.31% Reduced -29.4k -29,366
99 TSFG, LLC 1.91% of their portfolio LAKE FOREST, IL 464,392464.4k $12.0m $12.0m 1.91% Added +16.5k +16,465
100 Columbia River Financial Group, LLC 7.32% of their portfolio VANCOUVER, WA 459,263459.3k $11.9m $11.9m 7.32% Added +12.1k +12,052