Vault-13

SPDR SER TR SPTL

PORTFOLIO LN TSR · ETP · CUSIP 78464A664

441 institutional holders -31 vs Q1 2025
373,817,664373.8m shares reported held*
$9.9bnreported value*
44 new 179 added 162 reduced 77 sold out net sold ≈ $368.2m (-13.8m 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 ($32.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $26.58. Options: 1 managers hold calls ($515.7k notional), 0 hold puts (—).

Trends to Q2 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: 472Q2 25: 441441Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025441

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 207 bought or addedQ3 23: 157 cut or sold outQ4 23: 219 bought or addedQ4 23: 165 cut or sold outQ4 23Q1 24: 221 bought or addedQ1 24: 188 cut or sold outQ2 24: 267 bought or addedQ2 24: 159 cut or sold outQ2 24Q3 24: 252 bought or addedQ3 24: 187 cut or sold outQ4 24: 217 bought or addedQ4 24: 235 cut or sold outQ4 24Q1 25: 259 bought or addedQ1 25: 216 cut or sold outQ2 25: 223 bought or addedQ2 25: 239 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023207157
Q4 2023219165
Q1 2024221188
Q2 2024267159
Q3 2024252187
Q4 2024217235
Q1 2025259216
Q2 2025223239

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ3 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 0.71Q2 25 calls: $515.7kQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$7.7m$552.3k0.07
Q4 2024$1.1m$332.6k0.31
Q1 2025$727.8k$517.3k0.71
Q2 2025$515.7k$00.00

Biggest buyers

STATE STREET CORP Added +5,737,583+5.7m
Fisher Asset Management, LLC Added +3,231,049+3.2m
Destination Wealth Management New +2,060,808+2.1m
FMR LLC Added +1,942,501+1.9m
Financial Engines Advisors L.L.C. Added +1,610,357+1.6m
ROYAL BANK OF CANADA Added +1,607,403+1.6m
JPMORGAN CHASE & CO Added +1,012,948+1.0m
Advocacy Wealth Management, LLC Added +900,067+900.1k
FLC Capital Advisors New +564,587+564.6k
Ascent Group, LLC Added +473,882+473.9k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -7,898,946-7.9m
GOLDMAN SACHS GROUP INC Reduced -3,661,295-3.7m
GREAT VALLEY ADVISOR GROUP, INC. Reduced -2,435,242-2.4m
TOWNSQUARE CAPITAL LLC Reduced -2,364,142-2.4m
LOCKHEED MARTIN INVESTMENT MANAGEMENT CO Reduced -2,336,000-2.3m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -2,275,374-2.3m
Municipal Employees' Retirement System of Michigan Reduced -2,251,407-2.3m
RFG Advisory, LLC Reduced -1,525,271-1.5m
BANK OF AMERICA CORP /DE/ Reduced -1,303,902-1.3m
LPL Financial LLC Reduced -1,285,431-1.3m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $515.7k19.4k shares

Biggest puts

None

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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 STATE STREET CORP 0.06% of their portfolio BOSTON, MA 64,854,09164.9m $1.7bn $1.7bn 0.06% Added +5.7m +5,737,583
2 Fisher Asset Management, LLC 0.61% of their portfolio PLANO, TX 57,950,22358.0m $1.5bn $1.5bn 0.61% Added +3.2m +3,231,049
3 Financial Engines Advisors L.L.C. 2.63% of their portfolio SANTA CLARA, CA 49,616,99149.6m $1.3bn $1.3bn 2.63% Added +1.6m +1,610,357
4 FMR LLC 0.03% of their portfolio BOSTON, MA 20,422,81220.4m $542.8m $542.8m 0.03% Added +1.9m +1,942,501
5 Municipal Employees' Retirement System of Michigan 4.04% of their portfolio LANSING, MI 12,629,57512.6m $335.7m $335.7m 4.04% Reduced -2.3m -2,251,407
6 Nan Shan Life Insurance Co., Ltd. 6.48% of their portfolio Taipei City, F5 10,956,90011.0m $291.2m $291.2m 6.48% Unchanged
7 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 9,501,8149.5m $252.6m $252.6m 0.02% Reduced -1.3m -1,303,902
8 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 9,381,9469.4m $249.4m $249.4m 0.08% Reduced -1.3m -1,285,431
9 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 8,804,9168.8m $234.0m $234.0m 0.07% Reduced -7.9m -7,898,946
10 MATHER GROUP, LLC. 2.02% of their portfolio CHICAGO, IL 7,114,9517.1m $189.1m $189.1m 2.02% Added +311.1k +311,058
11 Mirae Asset Global Investments Co., Ltd. 0.62% of their portfolio SEOUL, M5 6,724,2576.7m $178.7m $178.7m 0.62% Added +435.5k +435,453
12 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 6,083,8366.1m $161.7m $161.7m 0.01% Added +1.0m +1,012,948
13 GLOBALT Investments LLC / GA 5.38% of their portfolio Atlanta, GA 5,284,0365.3m $140.4m $140.4m 5.38% Reduced -151.2k -151,211
14 ASSETMARK, INC 0.30% of their portfolio CONCORD, CA 4,774,5444.8m $126.9m $126.9m 0.30% Added +449.6k +449,599
15 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 4,143,2644.1m $110.1m $110.1m 0.02% Reduced -3.7m -3,661,295
16 AVANTAX ADVISORY SERVICES, INC. 0.60% of their portfolio DALLAS, TX 4,113,9034.1m $109.3m $109.3m 0.60% Added +102.0k +102,011
17 MASON STREET ADVISORS, LLC 12.05% of their portfolio MILWAUKEE, WI 3,874,9003.9m $103.0m $103.0m 12.05% Added +181.8k +181,800
18 Avantax Planning Partners, Inc. 3.24% of their portfolio DUBUQUE, IA 3,837,9743.8m $102.0m $102.0m 3.24% Added +120.8k +120,795
19 Advocacy Wealth Management, LLC 5.95% of their portfolio ATLANTA, GA 3,647,1813.6m $96.9m $96.9m 5.95% Added +900.1k +900,067
20 STIFEL FINANCIAL CORP 0.09% of their portfolio ST. LOUIS, MO 3,565,9983.6m $94.8m $94.8m 0.09% Added +69.1k +69,075
21 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 3,251,5403.3m $86.4m $86.4m 0.01% Added +1.6m +1,607,403
22 One Day In July LLC 6.34% of their portfolio BURLINGTON, VT 2,634,5402.6m $70.0m $70.0m 6.34% Added +391.2k +391,237
23 CW Advisors, LLC 0.65% of their portfolio BOSTON, MA 2,511,6892.5m $66.8m $66.8m 0.65% Added +44.6k +44,621
24 CWM, LLC 0.23% of their portfolio OMAHA, NE 2,457,6222.5m $65.3m $65.3m 0.23% Reduced -8.8k -8,817
25 Cetera Investment Advisers 0.11% of their portfolio SCHAUMBURG, IL 2,418,3352.4m $64.3m $64.3m 0.11% Reduced -220.1k -220,125
26 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,326,7402.3m $61.8m $61.8m 0.00% Reduced -436.2k -436,225
27 Destination Wealth Management 1.61% of their portfolio Walnut Creek, CA 2,060,8082.1m $54.8m $54.8m 1.61% New
28 Voya Financial Advisors, Inc. 4.20% of their portfolio WINDSOR, CT 1,582,4521.6m $41.6m $41.6m 4.20% Reduced -206.2k -206,187
29 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,570,8511.6m $41.8m $41.8m 0.01% Reduced -1.0m -1,023,552
30 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 1,507,0381.5m $40.3m $40.3m 0.07% Added +276.0k +276,013
31 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,461,9141.5m $38.9m $38.9m 0.01% Reduced -991.6k -991,606
32 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 1,418,6171.4m $37.7m $37.7m 0.03% Reduced -2.3m -2,275,374
33 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,381,3921.4m $36.7m $36.7m 0.01% Added +314.7k +314,683
34 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 1,111,7301.1m $29.5m $29.5m 0.04% Reduced -29.5k -29,494
35 Shepherd Financial Partners LLC 3.06% of their portfolio WINCHESTER, MA 1,089,7281.1m $29.0m $29.0m 3.06% Added +338.3k +338,314
36 RFG Advisory, LLC 0.67% of their portfolio BIRMINGHAM, AL 1,078,2111.1m $28.7m $28.7m 0.67% Reduced -1.5m -1,525,271
37 SOFI WEALTH, LLC 1.72% of their portfolio SAN FRANCISCO, CA 1,058,1191.1m $28.1m $28.1m 1.72% Added +81.7k +81,704
38 MCMORGAN & CO LLC 4.03% of their portfolio SAN FRANCISCO, CA 1,028,2941.0m $27.3m $27.3m 4.03% Added +9.3k +9,283
39 Ascent Group, LLC 1.06% of their portfolio VIRGINIA BEACH, VA 1,026,9651.0m $27.3m $27.3m 1.06% Added +473.9k +473,882
40 Advisory Alpha, LLC 0.84% of their portfolio HOLLAND, MI 1,011,5811.0m $26.9m $26.9m 0.84% Reduced -17.2k -17,232
41 McAdam, LLC 1.41% of their portfolio Philadelphia, PA 968,637968.6k $25.7m $25.7m 1.41% Added +69.2k +69,242
42 O'Brien Wealth Partners LLC 3.83% of their portfolio Waltham, MA 917,946917.9k $24.4m $24.4m 3.83% Reduced -9.8k -9,789
43 Sanctuary Advisors, LLC 0.15% of their portfolio INDIANAPOLIS, IN 916,380916.4k $24.4m $24.4m 0.15% Added +214.5k +214,520
44 Envestnet Portfolio Solutions, Inc. 0.08% of their portfolio BERWYN, PA 849,048849.0k $22.6m $22.6m 0.08% Reduced -520.5k -520,454
45 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 848,565848.6k $22.2m $22.2m 0.04% Reduced -145.0k -144,975
46 CFS Investment Advisory Services, LLC 1.80% of their portfolio TOTOWA, NJ 828,841828.8k $22.0m $22.0m 1.80% Added +240.8k +240,818
47 GM Advisory Group, LLC 1.00% of their portfolio MELVILLE, NY 760,057760.1k $20.2m $20.2m 1.00% Added +52.9k +52,896
48 Integrated Wealth Concepts LLC 0.20% of their portfolio WALTHAM, MA 751,671751.7k $20.0m $20.0m 0.20% Added +260.2k +260,155
49 AE Wealth Management LLC 0.14% of their portfolio TOPEKA, KS 746,181746.2k $19.8m $19.8m 0.14% Reduced -563.7k -563,734
50 Mariner, LLC 0.03% of their portfolio Overland Park, KS 740,805740.8k $19.7m $19.7m 0.03% Added +84.0k +83,965
51 Checchi Capital Advisers, LLC 1.36% of their portfolio BEVERLY HILLS, CA 731,146731.1k $19.4m $19.4m 1.36% Reduced -201.4k -201,396
52 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 728,459728.5k $19.4m $19.4m 0.00% Reduced -69.3k -69,325
53 Tennessee Valley Asset Management Partners 4.81% of their portfolio KNOXVILLE, TN 713,511713.5k $19.0m $19.0m 4.81% Added +6.3k +6,334
54 Security Financial Services, INC. 3.32% of their portfolio Fort Wayne, IN 707,149707.1k $18.8m $18.8m 3.32% Added +163.9k +163,854
55 Impact Investors, Inc 12.93% of their portfolio SAN FRANCISCO, CA 688,286688.3k $18.3m $18.3m 12.93% Added +66.6k +66,623
56 SPINNAKER TRUST 1.04% of their portfolio PORTLAND, ME 650,949650.9k $17.3m $17.3m 1.04% Reduced -24.2k -24,247
57 Private Advisor Group, LLC 0.09% of their portfolio MORRISTOWN, NJ 625,990626.0k $16.6m $16.6m 0.09% Reduced -59.3k -59,317
58 MA Private Wealth 2.94% of their portfolio SAN CARLOS, CA 619,202619.2k $16.5m $16.5m 2.94% Added +263.2k +263,200
59 Gradient Investments LLC 0.29% of their portfolio ARDEN HILLS, MN 600,721600.7k $16.0m $16.0m 0.29% Reduced -2.7k -2,657
60 FLC Capital Advisors 3.10% of their portfolio PALM DESERT, CA 564,587564.6k $15.0m $15.0m 3.10% New
61 Madison Asset Management, LLC 0.16% of their portfolio MADISON, WI 558,914558.9k $14.9m $14.9m 0.16% Added +364.5k +364,524
62 HRT FINANCIAL LP 0.07% of their portfolio NEW YORK, NY 523,882523.9k $13.9m $13.9m 0.07% Added +441.8k +441,753
63 SCS Capital Management LLC 0.15% of their portfolio BOSTON, MA 503,541503.5k $13.4m $13.4m 0.15% Reduced -28.0k -28,018
64 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 498,274498.3k $13.2m $13.2m 0.01% Reduced -17.4k -17,410
65 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 494,928494.9k $13.2m $13.2m 0.04% Reduced -356.0k -355,983
66 LEVEL FOUR ADVISORY SERVICES, LLC 0.48% of their portfolio DALLAS, TX 494,267494.3k $13.1m $13.1m 0.48% Reduced -14.6k -14,597
67 Farther Finance Advisors, LLC 0.26% of their portfolio SAN FRANCISCO, CA 486,808486.8k $12.9m $12.9m 0.26% Added +180.6k +180,626
68 Roberts Financial Services LLC 4.36% of their portfolio MARQUETTE, MI 475,915475.9k $12.6m $12.6m 4.36% Reduced -721.8k -721,837
69 Perigon Wealth Management, LLC 0.29% of their portfolio SAN FRANCISCO, CA 466,948466.9k $12.4m $12.4m 0.29% Added +99.8k +99,811
70 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 462,513462.5k $12.3m $12.3m 0.00% Reduced -4.0k -3,955
71 OneDigital Investment Advisors LLC 0.13% of their portfolio OVERLAND PARK, KS 443,173443.2k $11.8m $11.8m 0.13% Reduced -130.7k -130,740
72 PARK AVENUE SECURITIES LLC 0.11% of their portfolio NEW YORK, NY 435,611435.6k $11.6m $11.6m 0.11% Added +75.6k +75,620
73 World Investment Advisors 0.25% of their portfolio LINCROFT, NJ 419,624419.6k $11.2m $11.2m 0.25% Reduced -22.6k -22,645
74 PFG Advisors 0.51% of their portfolio Phoenix, AZ 417,537417.5k $11.1m $11.1m 0.51% Added +63.5k +63,466
75 Manhattan West Asset Management, LLC 2.55% of their portfolio Los Angeles, CA 414,426414.4k $11.0m $11.0m 2.55% Added +139.6k +139,589
76 New Harbor Financial Group, LLC 2.48% of their portfolio WORCESTER, MA 406,417406.4k $10.8m $10.8m 2.48% Reduced -37.0k -37,026
77 NewEdge Advisors, LLC 0.06% of their portfolio NEW ORLEANS, LA 405,527405.5k $10.8m $10.8m 0.06% Reduced -43.4k -43,379
78 IFG Advisory, LLC 0.52% of their portfolio ATLANTA, GA 390,837390.8k $10.4m $10.4m 0.52% Reduced -35.5k -35,496
79 GREAT VALLEY ADVISOR GROUP, INC. 0.22% of their portfolio WILMINGTON, DE 379,393379.4k $10.1m $10.1m 0.22% Reduced -2.4m -2,435,242
80 PRINCIPAL SECURITIES, INC. 0.19% of their portfolio DES MOINES, IA 374,999375.0k $10.0m $10.0m 0.19% Reduced -557.7k -557,738
81 Mutual Advisors, LLC 0.24% of their portfolio OMAHA, NE 369,692369.7k $9.6m $9.6m 0.24% Added +41.9k +41,927
82 Gibbs Wealth Management 1.80% of their portfolio Alpharetta, GA 352,372352.4k $9.4m $9.4m 1.80% Added +36.2k +36,228
83 Jump Financial, LLC 0.11% of their portfolio Chicago, IL 352,312352.3k $9.4m $9.4m 0.11% Added +88.7k +88,684
84 High Probability Advisors, LLC 1.34% of their portfolio Pittsford, NY 337,507337.5k $9.0m $9.0m 1.34% Added +15.0k +15,026
85 Robertson Stephens Wealth Management, LLC 0.31% of their portfolio San Francisco, CA 335,882335.9k $8.9m $8.9m 0.31% Added +171.5k +171,507
86 MOTCO 0.84% of their portfolio SAN ANTONIO, TX 332,940332.9k $8.7m $8.7m 0.84% Added +32.5k +32,518
87 Scarborough Advisors, LLC 1.61% of their portfolio ANNAPOLIS, MD 306,504306.5k $8.1m $8.1m 1.61% Added +224.8k +224,816
88 AllGen Financial Advisors, Inc. 2.18% of their portfolio ORLANDO, FL 305,555305.6k $8.1m $8.1m 2.18% Added +189.8k +189,850
89 Stratos Wealth Advisors, LLC 0.43% of their portfolio BEACHWOOD, OH 303,891303.9k $8.1m $8.1m 0.43% Reduced -97.7k -97,730
90 Redwood Investment Management, LLC 0.84% of their portfolio SCOTTSDALE, AZ 296,617296.6k $7.9m $7.9m 0.84% Reduced -7.8k -7,790
91 Austin Private Wealth, LLC 0.60% of their portfolio Austin, TX 284,005284.0k $7.5m $7.5m 0.60% Added +132.1k +132,066
92 Columbus Macro, LLC 0.89% of their portfolio NEW CASTLE, PA 275,075275.1k $7.3m $7.3m 0.89% Added +94.7k +94,700
93 Hobart Private Capital, LLC 1.54% of their portfolio CHARLOTTE, NC 254,682254.7k $6.8m $6.8m 1.54% Added +81.4k +81,406
94 JOURNEY STRATEGIC WEALTH LLC 0.22% of their portfolio SUMMIT, NJ 253,926253.9k $6.7m $6.7m 0.22% Added +17.6k +17,628
95 Keystone Financial Group 0.61% of their portfolio LEXINGTON, KY 252,476252.5k $6.7m $6.7m 0.61% Added +69.2k +69,159
96 MPWM ADVISORY SOLUTIONS, LLC 4.14% of their portfolio ALPHARETTA, GA 246,274246.3k $6.5m $6.5m 4.14% Reduced -17.0k -17,000
97 Avidian Wealth Enterprises, LLC 0.26% of their portfolio Houston, TX 238,691238.7k $6.3m $6.3m 0.26% Added +11.7k +11,660
98 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 234,333234.3k $6.2m $6.2m 0.01% Added +221.6k +221,581
99 Foster Victor Wealth Advisors, LLC 0.38% of their portfolio GREENVILLE, SC 214,338214.3k $5.6m $5.6m 0.38% Reduced -83.6k -83,631
100 Astoria Portfolio Advisors LLC. 1.52% of their portfolio NEW YORK, NY 209,143209.1k $5.4m $5.4m 1.52% Added +18.9k +18,855