SPDR SER TR SPIP
PORTFLI TIPS ETF · ETP · CUSIP 78464A656
215
institutional holders
+4 vs Q3 2025
25.0m
shares reported held*
$647.7mreported value*
21 new
64 added
78 reduced
15 sold out
net sold ≈ $28.6m (-1.1m 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 ($38.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.96.
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 273 |
| Q4 2022 | 271 |
| Q1 2023 | 246 |
| Q2 2023 | 240 |
| Q3 2023 | 247 |
| Q4 2023 | 250 |
| Q1 2024 | 238 |
| Q2 2024 | 228 |
| Q3 2024 | 212 |
| Q4 2024 | 223 |
| Q1 2025 | 221 |
| Q2 2025 | 216 |
| Q3 2025 | 211 |
| Q4 2025 | 215 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 81 | 134 |
| Q2 2024 | 88 | 128 |
| Q3 2024 | 56 | 139 |
| Q4 2024 | 77 | 100 |
| Q1 2025 | 74 | 109 |
| Q2 2025 | 87 | 104 |
| Q3 2025 | 77 | 101 |
| Q4 2025 | 85 | 93 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $403.6k | $224.2k | 0.56 |
| Q2 2025 | $325.8k | $0 | 0.00 |
| Q3 2025 | $329.0k | $0 | 0.00 |
| Q4 2025 | $0 | $0 | — |
Biggest buyers
| CWM, LLC | Added | +543.9k |
| BANK OF AMERICA CORP /DE/ | Added | +157.3k |
| GOLDMAN SACHS GROUP INC | Added | +99.6k |
| FLOW TRADERS U.S. LLC | Added | +73.8k |
| Hughes Financial Services, LLC | Added | +62.9k |
| Cannon Financial Strategists, Inc. | Added | +47.0k |
| ERn Financial, LLC | Added | +35.4k |
| Tower Research Capital LLC (TRC) | New | +29.3k |
| Equitable Holdings, Inc. | New | +28.8k |
| Sanctuary Advisors, LLC | Added | +25.8k |
Biggest sellers
| LPL Financial LLC | Reduced | -714.5k |
| Stadion Money Management, LLC | Sold out | -667.6k |
| TIAA TRUST, NATIONAL ASSOCIATION | Reduced | -194.0k |
| JANE STREET GROUP, LLC | Sold out | -129.9k |
| CITADEL ADVISORS LLC | Reduced | -116.3k |
| PFG Private Wealth Management, LLC | Sold out | -100.9k |
| 3EDGE Asset Management, LP | Reduced | -91.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Reduced | -87.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -47.4k |
| STATE STREET CORP | Reduced | -35.1k |
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| CWM, LLC 0.29% of their portfolio | 4.1m $106.0m | Added +543.9k |
| STATE STREET CORP 0.00% of their portfolio | 3.7m $97.1m | Reduced -35.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 3.0m $78.2m | Reduced -87.9k |
| 3EDGE Asset Management, LP 1.60% of their portfolio | 1.2m $30.8m | Reduced -91.5k |
| Pure Financial Advisors, LLC 0.41% of their portfolio | 1.1m $27.5m | Reduced -10.0k |
| Cannon Financial Strategists, Inc. 3.78% of their portfolio | 1.0m $27.2m | Added +47.0k |
| Cerity Partners LLC 0.03% of their portfolio | 836.1k $21.7m | Reduced -2.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 814.5k $21.1m | Added +157.3k |
| LPL Financial LLC 0.01% of their portfolio | 719.1k $18.7m | Reduced -714.5k |
| Hughes Financial Services, LLC 2.92% of their portfolio | 715.6k $18.6m | Added +62.9k |
| MORGAN STANLEY 0.00% of their portfolio | 543.9k $14.1m | Reduced -19.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 414.4k $10.8m | Reduced -12.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 349.3k $9.1m | Added +99.6k |
| ERn Financial, LLC 1.69% of their portfolio | 345.8k $9.0m | Added +35.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 333.0k $8.6m | Reduced -15.2k |
| SeaBridge Investment Advisors LLC 1.20% of their portfolio | 281.2k $7.3m | Reduced -14.2k |
| Aquire Wealth Advisors, LLC 1.59% of their portfolio | 235.2k $6.1m | Reduced -18.0k |
| GREAT VALLEY ADVISOR GROUP, INC. 0.11% of their portfolio | 212.7k $5.5m | Reduced -3.3k |
| IFG Advisory, LLC 0.23% of their portfolio | 202.2k $5.2m | Added +11.7k |
| Procyon Advisors, LLC 0.25% of their portfolio | 191.8k $5.0m | Reduced -1.2k |
| Cetera Investment Advisers 0.00% of their portfolio | 172.5k $4.5m | Added +3.8k |
| FLOW TRADERS U.S. LLC 0.14% of their portfolio | 166.5k $4.3m | Added +73.8k |
| Financial Engines Advisors L.L.C. 0.01% of their portfolio | 165.4k $4.3m | Added +12.7k |
| FULTON BREAKEFIELD BROENNIMAN LLC 0.26% of their portfolio | 161.8k $4.2m | Added +6.1k |
| FLAGSHIP HARBOR ADVISORS, LLC 0.18% of their portfolio | 146.1k $3.8m | Added +16.4k |
| Private Advisor Group, LLC 0.02% of their portfolio | 145.5k $3.8m | Added +23.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 127.0k $3.3m | Added +25.3k |
| Garde Capital, Inc. 0.19% of their portfolio | 122.8k $3.2m | Added +1.9k |
| Verde Capital Management 0.67% of their portfolio | 120.8k $3.1m | Added +7.6k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 111.4k $2.9m | Reduced -1.4k |
| Note Advisors, LLC 1.45% of their portfolio | 108.4k $2.8m | Added +6.4k |
| Integrity Wealth Solutions LLC 1.05% of their portfolio | 102.3k $2.7m | Added +1.4k |
| Wealthcare Advisory Partners LLC 0.05% of their portfolio | 99.9k $2.6m | Reduced -223 |
| Allen Capital Group, LLC 0.21% of their portfolio | 89.8k $2.3m | Added +2.2k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 89.3k $2.3m | Reduced -25.1k |
| CAPE COD FIVE CENTS SAVINGS BANK 0.21% of their portfolio | 87.4k $2.3m | Unchanged |
| TIAA TRUST, NATIONAL ASSOCIATION 0.01% of their portfolio | 86.7k $2.2m | Reduced -194.0k |
| PHILLIPS FINANCIAL MANAGEMENT, LLC 0.13% of their portfolio | 77.3k $2.0m | Reduced -2.2k |
| ST GERMAIN D J CO INC 0.08% of their portfolio | 75.4k $2.0m | Reduced -2.0k |
| Continuum Advisory, LLC 0.19% of their portfolio | 71.3k $1.9m | Added +4.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 71.3k $1.9m | Added +20.7k |
| Rinkey Investments 0.46% of their portfolio | 70.5k $1.8m | Reduced -742 |
| ALTFEST L J & CO INC 0.19% of their portfolio | 68.3k $1.8m | Reduced -98 |
| SigFig Wealth Management, LLC 0.05% of their portfolio | 61.6k $1.6m | Reduced -2.9k |
| Jacobi Capital Management LLC 0.09% of their portfolio | 59.5k $1.5m | Added +3.3k |
| AE Wealth Management LLC 0.01% of their portfolio | 58.9k $1.5m | Added +8.2k |
| Foundations Investment Advisors, LLC 0.02% of their portfolio | 58.8k $1.5m | Added +10.6k |
| Gerber Kawasaki Wealth & Investment Management 0.05% of their portfolio | 55.9k $1.5m | Added +3.3k |
| Mariner, LLC 0.00% of their portfolio | 48.4k $1.3m | Reduced -443 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 45.6k $1.2m | Reduced -4.1k |
| Leading Edge Financial Planning LLC 0.26% of their portfolio | 44.1k $1.1m | Added +5.7k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 43.8k $1.1m | Reduced -1.1k |
| WEALTHCARE CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 42.8k $1.1m | Reduced -10.5k |
| City State Bank 0.30% of their portfolio | 41.8k $1.1m | Reduced -600 |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 41.6k $1.1m | Reduced -4.7k |
| CARY STREET PARTNERS FINANCIAL LLC 0.03% of their portfolio | 41.5k $1.1m | Added +3.1k |
| Global View Capital Management LLC 0.20% of their portfolio | 40.5k $1.0m | Added +1.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 38.0k $995.4k | Added +323 |
| Geneos Wealth Management Inc. 0.02% of their portfolio | 37.8k $980.5k | Reduced -9.7k |
| Wealth Advisory Solutions, LLC 0.23% of their portfolio | 37.3k $967.7k | Added +32 |
| Charles Schwab Trust Co 0.06% of their portfolio | 36.7k $952.6k | Added +2.2k |
| COMERICA BANK 0.00% of their portfolio | 36.7k $951.3k | Reduced -161 |
| Busey Bank 0.02% of their portfolio | 35.3k $917.3k | Reduced -152 |
| LEVEL FOUR ADVISORY SERVICES, LLC 0.03% of their portfolio | 34.9k $906.6k | Reduced -492 |
| Treasure Coast Financial Planning 0.46% of their portfolio | 33.6k $873.2k | Added +987 |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 33.4k $867.1k | Added +25.8k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 31.9k $827.6k | Reduced -116.3k |
| Lido Advisors, LLC 0.00% of their portfolio | 31.0k $815.7k | Unchanged |
| Modera Wealth Management, LLC 0.01% of their portfolio | 30.5k $790.9k | Reduced -564 |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 29.8k $772.0k | Added +909 |
| Tower Research Capital LLC (TRC) 0.02% of their portfolio | 29.3k $759.1k | New |
| STONEHAVEN WEALTH & TAX SOLUTIONS, LLC 0.68% of their portfolio | 29.2k $756.7k | Reduced -106 |
| Equitable Holdings, Inc. 0.01% of their portfolio | 28.8k $747.5k | New |
| Auour Investments LLC 0.22% of their portfolio | 26.0k $675.9k | Added +254 |
| Amicus Financial Advisors, LLC 0.18% of their portfolio | 25.2k $653.3k | First filing |
| KWB Wealth 0.06% of their portfolio | 24.7k $641.0k | Added +4.9k |
| FLAGSTAR SECURITIES, INC 0.21% of their portfolio | 24.3k $631.5k | Added +5.9k |
| BIP Wealth, LLC 0.02% of their portfolio | 24.1k $624.5k | Reduced -1.3k |
| SHEETS SMITH WEALTH MANAGEMENT 0.06% of their portfolio | 22.5k $583.0k | Unchanged |
| Creative Planning 0.00% of their portfolio | 21.8k $566.6k | Added +180 |
| NORTHERN TRUST CORP 0.00% of their portfolio | 21.5k $557.2k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 19.9k $517.1k | Reduced -4.2k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 19.5k $506.3k | Added +2.5k |
| Advisors Asset Management, Inc. 0.01% of their portfolio | 19.5k $506.2k | Reduced -7.3k |
| OneDigital Investment Advisors LLC 0.00% of their portfolio | 18.5k $481.0k | Reduced -68 |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 18.3k $476.0k | Reduced -2.6k |
| Post Resch Tallon Group Inc. 0.40% of their portfolio | 18.3k $475.0k | Added +50 |
| Vise Technologies, Inc. 0.01% of their portfolio | 18.1k $469.2k | Added +2.6k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 17.7k $459.0k | Reduced -4.5k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio | 16.7k $434.2k | Added +1.5k |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.01% of their portfolio | 16.6k $430.5k | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 16.2k $420.2k | Added +5.8k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 14.3k $371.2k | Added +502 |
| Valtinson Bruner Financial Planning LLC 0.10% of their portfolio | 13.5k $350.4k | Reduced -175 |
| Fifth Third Securities, Inc. 0.02% of their portfolio | 13.3k $343.9k | Reduced -749 |
| Barnes Wealth Management Group, Inc 0.18% of their portfolio | 13.0k $338.2k | Added +63 |
| Savant Capital, LLC 0.00% of their portfolio | 12.9k $334.2k | Reduced -293 |
| WBI INVESTMENTS, LLC 0.09% of their portfolio | 12.7k $329.1k | Reduced -12 |
| NWAM LLC 0.02% of their portfolio | 12.7k $329.9k | New |
| Global Retirement Partners, LLC 0.01% of their portfolio | 12.3k $319.4k | Reduced -549 |