Vault-13

SPDR SER TR SPTL

PORTFOLIO LN TSR · ETP · CUSIP 78464A664

472 institutional holders +10 vs Q4 2024
388,168,169388.2m shares reported held*
$10.6bnreported value*
65 new 194 added 167 reduced 49 sold out net bought ≈ $327.1m (+12.0m 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 ($31.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $27.25. Options: 3 managers hold calls ($727.8k notional), 3 hold puts ($517.3k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 274Q4 22: 308Q1 23: 310Q2 23: 336Q3 23: 337Q4 23: 390Q1 24: 392Q2 24: 411Q3 24: 439Q4 24: 462Q1 25: 472472Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022274
Q4 2022308
Q1 2023310
Q2 2023336
Q3 2023337
Q4 2023390
Q1 2024392
Q2 2024411
Q3 2024439
Q4 2024462
Q1 2025472

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 198 bought or addedQ2 23: 131 cut or sold outQ3 23: 207 bought or addedQ3 23: 157 cut or sold outQ3 23Q4 23: 219 bought or addedQ4 23: 165 cut or sold outQ1 24: 221 bought or addedQ1 24: 188 cut or sold outQ1 24Q2 24: 267 bought or addedQ2 24: 159 cut or sold outQ3 24: 252 bought or addedQ3 24: 187 cut or sold outQ3 24Q4 24: 217 bought or addedQ4 24: 235 cut or sold outQ1 25: 259 bought or addedQ1 25: 216 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023198131
Q3 2023207157
Q4 2023219165
Q1 2024221188
Q2 2024267159
Q3 2024252187
Q4 2024217235
Q1 2025259216

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ2 24 calls: $729.5kQ2 24 puts: $32.7kQ2 24P/C 0.04Q3 24 calls: $7.7mQ3 24 puts: $552.3kQ3 24P/C 0.07Q4 24 calls: $1.1mQ4 24 puts: $332.6kQ4 24P/C 0.31Q1 25 calls: $727.8kQ1 25 puts: $517.3kQ1 25P/C 0.71
Numbers
QuarterCallsPutsP/C
Q2 2024$729.5k$32.7k0.04
Q3 2024$7.7m$552.3k0.07
Q4 2024$1.1m$332.6k0.31
Q1 2025$727.8k$517.3k0.71

Biggest buyers

Fisher Asset Management, LLC Added +3,559,533+3.6m
Municipal Employees' Retirement System of Michigan Added +3,190,578+3.2m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +2,448,899+2.4m
ENVESTNET ASSET MANAGEMENT INC Added +1,832,569+1.8m
STATE STREET CORP Added +1,356,285+1.4m
Financial Engines Advisors L.L.C. Added +1,295,230+1.3m
JPMORGAN CHASE & CO Added +1,110,389+1.1m
MATHER GROUP, LLC. Added +1,086,251+1.1m
SOFI WEALTH, LLC Added +950,244+950.2k
WNY Asset Management, LLC New +522,536+522.5k

Biggest sellers

Strategic Wealth Investment Group, LLC Reduced -2,066,646-2.1m
OneDigital Investment Advisors LLC Reduced -1,780,851-1.8m
BANK OF AMERICA CORP /DE/ Reduced -1,498,571-1.5m
Donoghue Forlines LLC Sold out -1,188,556-1.2m
Independent Advisor Alliance Reduced -1,153,680-1.2m
OSAIC HOLDINGS, INC. Reduced -826,967-827.0k
RAYMOND JAMES FINANCIAL INC Reduced -619,552-619.6k
MORGAN STANLEY Reduced -609,680-609.7k
FLAGSHIP HARBOR ADVISORS, LLC Reduced -524,876-524.9k
FIDUCIARY FAMILY OFFICE, LLC Sold out -415,129-415.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $343.5k12.6k shares
JANE STREET GROUP, LLC New $253.5k9.3k shares
CITADEL ADVISORS LLC New $130.8k4.8k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $436.2k16.0k shares
CITADEL ADVISORS LLC New $79.1k2.9k shares
Quaker Wealth Management, LLC First filing $2.1k76 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FMR LLC 13G · institution new · filed 2026-02-05 5.1% new 21.3m≈ $559.2m 2026-02-05

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 STATE STREET CORP 0.07% of their portfolio BOSTON, MA 59,116,50859.1m $1.6bn $1.6bn 0.07% Added +1.4m +1,356,285
2 Fisher Asset Management, LLC 0.65% of their portfolio PLANO, TX 54,719,17454.7m $1.5bn $1.5bn 0.65% Added +3.6m +3,559,533
3 Financial Engines Advisors L.L.C. 2.81% of their portfolio SANTA CLARA, CA 48,006,63448.0m $1.3bn $1.3bn 2.81% Added +1.3m +1,295,230
4 FMR LLC 0.03% of their portfolio BOSTON, MA 18,480,31118.5m $503.8m $503.8m 0.03% Added +773 +773
5 ENVESTNET ASSET MANAGEMENT INC 0.15% of their portfolio Berwyn, PA 16,703,86216.7m $455.3m $455.3m 0.15% Added +1.8m +1,832,569
6 Municipal Employees' Retirement System of Michigan 5.14% of their portfolio LANSING, MI 14,880,98214.9m $405.7m $405.7m 5.14% Added +3.2m +3,190,578
7 Nan Shan Life Insurance Co., Ltd. 7.05% of their portfolio Taipei City, F5 10,956,90011.0m $298.7m $298.7m 7.05% Unchanged
8 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 10,805,71610.8m $294.6m $294.6m 0.03% Reduced -1.5m -1,498,571
9 LPL Financial LLC 0.11% of their portfolio FORT MILL, SC 10,667,37710.7m $290.8m $290.8m 0.11% Added +277.8k +277,771
10 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 7,804,5597.8m $212.8m $212.8m 0.04% Reduced -209.5k -209,469
11 MATHER GROUP, LLC. 2.14% of their portfolio CHICAGO, IL 6,803,8936.8m $185.5m $185.5m 2.14% Added +1.1m +1,086,251
12 Mirae Asset Global Investments Co., Ltd. 0.69% of their portfolio SEOUL, M5 6,288,8046.3m $170.0m $170.0m 0.69% Added +382.4k +382,370
13 GLOBALT Investments LLC / GA 6.05% of their portfolio Atlanta, GA 5,435,2475.4m $148.2m $148.2m 6.05% Reduced -101.2k -101,226
14 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 5,070,8885.1m $138.2m $138.2m 0.01% Added +1.1m +1,110,389
15 ASSETMARK, INC 0.32% of their portfolio CONCORD, CA 4,324,9454.3m $117.9m $117.9m 0.32% Added +296.7k +296,749
16 AVANTAX ADVISORY SERVICES, INC. 0.66% of their portfolio DALLAS, TX 4,011,8924.0m $109.4m $109.4m 0.66% Added +206.1k +206,114
17 Avantax Planning Partners, Inc. 3.59% of their portfolio DUBUQUE, IA 3,717,1793.7m $101.3m $101.3m 3.59% Added +106.9k +106,873
18 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.08% of their portfolio MILWAUKEE, WI 3,693,9913.7m $100.7m $100.7m 0.08% Added +2.4m +2,448,899
19 MASON STREET ADVISORS, LLC 12.81% of their portfolio MILWAUKEE, WI 3,693,1003.7m $100.7m $100.7m 12.81% Reduced -6.9k -6,900
20 STIFEL FINANCIAL CORP 0.10% of their portfolio ST. LOUIS, MO 3,496,9233.5m $95.3m $95.3m 0.10% Reduced -169.4k -169,440
21 GREAT VALLEY ADVISOR GROUP, INC. 1.65% of their portfolio WILMINGTON, DE 2,814,6352.8m $76.7m $76.7m 1.65% Added +107.8k +107,797
22 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,762,9652.8m $75.3m $75.3m 0.01% Reduced -609.7k -609,680
23 Advocacy Wealth Management, LLC 5.10% of their portfolio ATLANTA, GA 2,747,1142.7m $74.9m $74.9m 5.10% Added +273.1k +273,070
24 Cetera Investment Advisers 0.14% of their portfolio SCHAUMBURG, IL 2,638,4602.6m $71.9m $71.9m 0.14% Added +48.5k +48,514
25 RFG Advisory, LLC 1.92% of their portfolio BIRMINGHAM, AL 2,603,4822.6m $71.0m $71.0m 1.92% Added +386.5k +386,538
26 UBS Group AG 0.02% of their portfolio ZURICH, V8 2,594,4032.6m $70.7m $70.7m 0.02% Reduced -314.6k -314,596
27 CW Advisors, LLC 0.81% of their portfolio BOSTON, MA 2,467,0682.5m $67.3m $67.3m 0.81% Reduced -38.9k -38,895
28 CWM, LLC 0.27% of their portfolio OMAHA, NE 2,466,4392.5m $67.2m $67.2m 0.27% Added +228.6k +228,600
29 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 2.74% of their portfolio BETHESDA, MD 2,466,0002.5m $67.2m $67.2m 2.74% Added +190.8k +190,800
30 TOWNSQUARE CAPITAL LLC 0.71% of their portfolio Lehi, UT 2,459,1082.5m $67.0m $67.0m 0.71% Added +78.2k +78,163
31 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 2,453,5202.5m $66.9m $66.9m 0.03% Reduced -619.6k -619,552
32 One Day In July LLC 6.12% of their portfolio BURLINGTON, VT 2,243,3032.2m $61.2m $61.2m 6.12% Added +233.3k +233,270
33 Voya Financial Advisors, Inc. 5.34% of their portfolio WINDSOR, CT 1,788,6391.8m $48.4m $48.4m 5.34% Reduced -36.1k -36,062
34 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,644,1371.6m $44.8m $44.8m 0.01% Added +490.6k +490,637
35 Envestnet Portfolio Solutions, Inc. 0.14% of their portfolio BERWYN, PA 1,369,5021.4m $37.3m $37.3m 0.14% Added +373.4k +373,414
36 AE Wealth Management LLC 0.30% of their portfolio TOPEKA, KS 1,309,9151.3m $35.7m $35.7m 0.30% Added +27.3k +27,257
37 Thrivent Financial for Lutherans 0.08% of their portfolio Minneapolis, MN 1,255,3961.3m $34.3m $34.3m 0.08% Unchanged
38 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 1,231,0251.2m $33.6m $33.6m 0.07% Reduced -827.0k -826,967
39 Roberts Financial Services LLC 6.34% of their portfolio MARQUETTE, MI 1,197,7521.2m $32.7m $32.7m 6.34% Added +17.1k +17,075
40 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 1,141,2241.1m $31.1m $31.1m 0.05% Added +465.3k +465,283
41 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,066,7091.1m $29.1m $29.1m 0.01% Reduced -172.4k -172,404
42 Advisory Alpha, LLC 0.95% of their portfolio HOLLAND, MI 1,028,8131.0m $28.0m $28.0m 0.95% Added +39.4k +39,436
43 MCMORGAN & CO LLC 4.45% of their portfolio SAN FRANCISCO, CA 1,019,0111.0m $27.8m $27.8m 4.45% Added +331.0k +331,048
44 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.05% of their portfolio PLYMOUTH, MN 993,540993.5k $27.1m $27.1m 0.05% Reduced -19.9k -19,938
45 SOFI WEALTH, LLC 2.00% of their portfolio SAN FRANCISCO, CA 976,415976.4k $26.6m $26.6m 2.00% Added +950.2k +950,244
46 PRINCIPAL SECURITIES, INC. 0.55% of their portfolio DES MOINES, IA 932,737932.7k $24.4m $24.4m 0.55% Unchanged
47 Checchi Capital Advisers, LLC 1.80% of their portfolio BEVERLY HILLS, CA 932,542932.5k $25.4m $25.4m 1.80% Added +65.4k +65,446
48 O'Brien Wealth Partners LLC 4.71% of their portfolio Waltham, MA 927,735927.7k $25.3m $25.3m 4.71% Added +10.6k +10,604
49 McAdam, LLC 1.52% of their portfolio Philadelphia, PA 899,395899.4k $24.5m $24.5m 1.52% Reduced -1.8k -1,789
50 Cambridge Investment Research Advisors, Inc. 0.08% of their portfolio FAIRFIELD, IA 850,911850.9k $23.2m $23.2m 0.08% Added +228.0k +228,043
51 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 797,784797.8k $21.7m $21.7m 0.00% Reduced -216.4k -216,397
52 Shepherd Financial Partners LLC 2.40% of their portfolio WINCHESTER, MA 751,414751.4k $20.5m $20.5m 2.40% Added +371.8k +371,824
53 Tennessee Valley Asset Management Partners 3.14% of their portfolio KNOXVILLE, TN 707,177707.2k $19.3m $19.3m 3.14% Added +211.5k +211,504
54 GM Advisory Group, LLC 1.04% of their portfolio MELVILLE, NY 707,161707.2k $19.3m $19.3m 1.04% Reduced -163.4k -163,411
55 Sanctuary Advisors, LLC 0.13% of their portfolio INDIANAPOLIS, IN 701,860701.9k $19.1m $19.1m 0.13% Added +41.0k +40,976
56 Private Advisor Group, LLC 0.11% of their portfolio MORRISTOWN, NJ 685,307685.3k $18.7m $18.7m 0.11% Added +186.2k +186,178
57 SPINNAKER TRUST 1.20% of their portfolio PORTLAND, ME 675,196675.2k $18.4m $18.4m 1.20% Reduced -139.6k -139,626
58 Mariner, LLC 0.03% of their portfolio Overland Park, KS 656,840656.8k $17.9m $17.9m 0.03% Reduced -3.4k -3,389
59 FLAGSHIP HARBOR ADVISORS, LLC 0.93% of their portfolio BOSTON, MA 650,365650.4k $17.7m $17.7m 0.93% Reduced -524.9k -524,876
60 R. W. Roge & Company, Inc. 9.39% of their portfolio BOHEMIA, NY 629,183629.2k $17.2m $17.2m 9.39% Reduced -24.7k -24,666
61 Impact Investors, Inc 13.19% of their portfolio SAN FRANCISCO, CA 621,663621.7k $16.9m $16.9m 13.19% Added +125.4k +125,415
62 Gradient Investments LLC 0.33% of their portfolio ARDEN HILLS, MN 603,378603.4k $16.4m $16.4m 0.33% Reduced -194.3k -194,340
63 CFS Investment Advisory Services, LLC 1.43% of their portfolio TOTOWA, NJ 588,023588.0k $16.0m $16.0m 1.43% Added +266.6k +266,584
64 OneDigital Investment Advisors LLC 0.19% of their portfolio OVERLAND PARK, KS 573,913573.9k $15.6m $15.6m 0.19% Reduced -1.8m -1,780,851
65 Ascent Group, LLC 0.65% of their portfolio VIRGINIA BEACH, VA 553,083553.1k $15.1m $15.1m 0.65% Added +509.8k +509,832
66 Security Financial Services, INC. 2.94% of their portfolio Fort Wayne, IN 543,295543.3k $14.8m $14.8m 2.94% Added +155.9k +155,875
67 SCS Capital Management LLC 0.18% of their portfolio BOSTON, MA 531,559531.6k $14.5m $14.5m 0.18% Reduced -66.2k -66,152
68 WNY Asset Management, LLC 1.69% of their portfolio Williamsville, NY 522,536522.5k $14.2m $14.2m 1.69% New
69 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 515,684515.7k $14.1m $14.1m 0.01% Reduced -62 -62
70 LEVEL FOUR ADVISORY SERVICES, LLC 0.57% of their portfolio DALLAS, TX 508,864508.9k $13.9m $13.9m 0.57% Added +90.3k +90,256
71 Integrated Wealth Concepts LLC 0.16% of their portfolio WALTHAM, MA 491,516491.5k $13.4m $13.4m 0.16% Reduced -110.7k -110,693
72 Tidal Investments LLC 0.11% of their portfolio Milwaukee, WI 467,912467.9k $12.8m $12.8m 0.11% New
73 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 466,468466.5k $12.7m $12.7m 0.00% Reduced -107.4k -107,439
74 UNIVEST FINANCIAL Corp 0.81% of their portfolio SOUDERTON, PA 455,735455.7k $12.4m $12.4m 0.81% Reduced -332.6k -332,593
75 NewEdge Advisors, LLC 0.07% of their portfolio NEW ORLEANS, LA 448,906448.9k $12.2m $12.2m 0.07% Reduced -399.4k -399,413
76 New Harbor Financial Group, LLC 3.21% of their portfolio WORCESTER, MA 443,443443.4k $12.1m $12.1m 3.21% Added +28.3k +28,314
77 World Investment Advisors 0.31% of their portfolio LINCROFT, NJ 442,269442.3k $12.1m $12.1m 0.31% Added +387.0k +386,978
78 IFG Advisory, LLC 0.65% of their portfolio ATLANTA, GA 426,333426.3k $11.6m $11.6m 0.65% Added +7.2k +7,223
79 SYKON CAPITAL LLC 4.24% of their portfolio HARRISON, NY 409,161409.2k $11.2m $11.2m 4.24% New
80 Stratos Wealth Advisors, LLC 0.60% of their portfolio BEACHWOOD, OH 401,621401.6k $10.9m $10.9m 0.60% Added +250.5k +250,480
81 Perigon Wealth Management, LLC 0.26% of their portfolio SAN FRANCISCO, CA 367,137367.1k $10.0m $10.0m 0.26% Added +166.7k +166,749
82 PARK AVENUE SECURITIES LLC 0.12% of their portfolio NEW YORK, NY 359,991360.0k $9.8m $9.8m 0.12% Added +82.6k +82,559
83 Permanent Capital Management, LP 2.81% of their portfolio CHICAGO, IL 359,981360.0k $9.8m $9.8m 2.81% Added +2.3k +2,326
84 MA Private Wealth 1.83% of their portfolio SAN CARLOS, CA 356,002356.0k $9.7m $9.7m 1.83% Reduced -80.8k -80,756
85 PFG Advisors 0.54% of their portfolio Phoenix, AZ 354,071354.1k $9.7m $9.7m 0.54% Added +16.1k +16,122
86 Mutual Advisors, LLC 0.25% of their portfolio OMAHA, NE 327,765327.8k $8.7m $8.7m 0.25% Added +14.3k +14,275
87 High Probability Advisors, LLC 1.47% of their portfolio Pittsford, NY 322,481322.5k $8.8m $8.8m 1.47% Added +37.2k +37,200
88 Strategic Financial Services, Inc. 0.51% of their portfolio UTICA, NY 321,637321.6k $8.8m $8.8m 0.51% Added +125.7k +125,653
89 Gibbs Wealth Management 2.08% of their portfolio Alpharetta, GA 316,144316.1k $8.6m $8.6m 2.08% Added +31.4k +31,437
90 Farther Finance Advisors, LLC 0.21% of their portfolio SAN FRANCISCO, CA 306,182306.2k $8.4m $8.4m 0.21% Added +70.4k +70,437
91 Redwood Investment Management, LLC 0.90% of their portfolio SCOTTSDALE, AZ 304,407304.4k $8.3m $8.3m 0.90% Reduced -144.1k -144,103
92 MOTCO 0.86% of their portfolio SAN ANTONIO, TX 300,422300.4k $8.2m $8.2m 0.86% Added +30.6k +30,594
93 Foster Victor Wealth Advisors, LLC 0.63% of their portfolio GREENVILLE, SC 297,969298.0k $7.8m $7.8m 0.63% Added +2.4k +2,364
94 ACT Advisors, LLC. 4.25% of their portfolio ASHEVILLE, NC 287,474287.5k $7.8m $7.8m 4.25% New
95 Goodman Advisory Group, LLC 2.29% of their portfolio NEEDHAM, MA 275,886275.9k $7.5m $7.5m 2.29% Added +15.3k +15,282
96 Manhattan West Asset Management, LLC 1.91% of their portfolio Los Angeles, CA 274,837274.8k $7.5m $7.5m 1.91% Added +67.4k +67,444
97 OPPENHEIMER & CO INC 0.11% of their portfolio NEW YORK, NY 265,185265.2k $7.2m $7.2m 0.11% Reduced -855 -855
98 Jump Financial, LLC 0.11% of their portfolio Chicago, IL 263,628263.6k $7.2m $7.2m 0.11% New
99 MPWM ADVISORY SOLUTIONS, LLC 5.21% of their portfolio ALPHARETTA, GA 263,274263.3k $7.2m $7.2m 5.21% Added +28.4k +28,412
100 Atria Wealth Solutions, Inc. 0.09% of their portfolio NEW YORK, NY 260,247260.2k $7.1m $7.1m 0.09% Reduced -22.5k -22,481