Vault-13

SPDR SER TR SPTL

PORTFOLIO LN TSR · ETP · CUSIP 78464A664

483 institutional holders +1 vs Q4 2025
357,477,073357.5m shares reported held*
$9.4bnreported value*
59 new 219 added 151 reduced 56 sold out net bought ≈ $300.6m (+11.4m 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 ($111.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $26.30. Options: 3 managers hold calls ($1.8m notional), 1 hold puts ($352.4k).

Trends to Q1 2026

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: 441Q3 25: 422Q4 25: 482Q1 26: 483483Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025422
Q4 2025482
Q1 2026483

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 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 25Q2 25: 223 bought or addedQ2 25: 239 cut or sold outQ3 25: 230 bought or addedQ3 25: 204 cut or sold outQ3 25Q4 25: 264 bought or addedQ4 25: 180 cut or sold outQ1 26: 278 bought or addedQ1 26: 207 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024267159
Q3 2024252187
Q4 2024217235
Q1 2025259216
Q2 2025223239
Q3 2025230204
Q4 2025264180
Q1 2026278207

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ2 25 calls: $515.7kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $428.5kQ3 25 puts: $299.1kQ3 25P/C 0.70Q4 25 calls: $2.4mQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $1.8mQ1 26 puts: $352.4kQ1 26P/C 0.20
Numbers
QuarterCallsPutsP/C
Q2 2025$515.7k$00.00
Q3 2025$428.5k$299.1k0.70
Q4 2025$2.4m$00.00
Q1 2026$1.8m$352.4k0.20

Biggest buyers

UBS Group AG Added +11,761,480+11.8m
Municipal Employees' Retirement System of Michigan Added +7,602,426+7.6m
BANK OF AMERICA CORP /DE/ Added +4,995,927+5.0m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +2,367,790+2.4m
Farther Finance Advisors, LLC Added +1,059,888+1.1m
ENVESTNET ASSET MANAGEMENT INC Added +890,993+891.0k
Tennessee Valley Asset Management Partners Added +870,048+870.0k
MORGAN STANLEY Added +858,804+858.8k
MA Private Wealth Added +739,855+739.9k
GLOBALT Investments LLC / GA Added +487,584+487.6k

Biggest sellers

Nan Shan Life Insurance Co., Ltd. Sold out -10,956,900-11.0m
STATE STREET CORP Reduced -4,620,034-4.6m
LPL Financial LLC Reduced -3,370,726-3.4m
Cetera Investment Advisers Reduced -2,891,454-2.9m
Mirae Asset Global Investments Co., Ltd. Reduced -961,780-961.8k
MERCER GLOBAL ADVISORS INC /ADV Reduced -816,012-816.0k
GOLDMAN SACHS GROUP INC Reduced -406,297-406.3k
Quadrature Capital Ltd Sold out -395,726-395.7k
Fisher Asset Management, LLC Reduced -388,567-388.6k
AE Wealth Management LLC Reduced -381,148-381.1k

Biggest calls

CITADEL ADVISORS LLC New $1.3m49.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $268.3k10.2k shares
JANE STREET GROUP, LLC Reduced $210.4k8.0k shares

Biggest puts

CITADEL ADVISORS LLC New $352.4k13.4k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 STATE STREET CORP 0.06% of their portfolio BOSTON, MA 68,517,63668.5m $1.8bn $1.8bn 0.06% Reduced -4.6m -4,620,034
2 Financial Engines Advisors L.L.C. 2.92% of their portfolio SANTA CLARA, CA 54,679,48454.7m $1.4bn $1.4bn 2.92% Added +439.5k +439,506
3 Municipal Employees' Retirement System of Michigan 6.87% of their portfolio LANSING, MI 22,999,75223.0m $604.9m $604.9m 6.87% Added +7.6m +7,602,426
4 FMR LLC 0.03% of their portfolio BOSTON, MA 21,311,46821.3m $560.5m $560.5m 0.03% Reduced -9.4k -9,411
5 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 14,599,81714.6m $384.0m $384.0m 0.03% Added +5.0m +4,995,927
6 UBS Group AG 0.06% of their portfolio ZURICH, V8 12,839,41812.8m $337.7m $337.7m 0.06% Added +11.8m +11,761,480
7 ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio Berwyn, PA 10,941,50410.9m $287.8m $287.8m 0.08% Added +891.0k +890,993
8 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 8,739,5838.7m $229.9m $229.9m 0.06% Reduced -3.4m -3,370,726
9 MATHER GROUP, LLC. 2.16% of their portfolio CHICAGO, IL 8,226,0258.2m $216.3m $216.3m 2.16% Added +445.5k +445,509
10 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 5,991,6146.0m $157.5m $157.5m 0.01% Added +145.1k +145,140
11 ASSETMARK, INC 0.31% of their portfolio CONCORD, CA 5,830,9365.8m $153.4m $153.4m 0.31% Added +34.5k +34,452
12 GLOBALT Investments LLC / GA 5.22% of their portfolio Atlanta, GA 5,563,9875.6m $146.3m $146.3m 5.22% Added +487.6k +487,584
13 Mirae Asset Global Investments Co., Ltd. 0.39% of their portfolio SEOUL, M5 5,111,6955.1m $134.4m $134.4m 0.39% Reduced -961.8k -961,780
14 Avantax Planning Partners, Inc. 3.12% of their portfolio DUBUQUE, IA 4,314,2624.3m $113.5m $113.5m 3.12% Added +123.2k +123,156
15 MASON STREET ADVISORS, LLC 10.28% of their portfolio MILWAUKEE, WI 3,998,7204.0m $105.2m $105.2m 10.28% Added +1.0k +1,040
16 Advocacy Wealth Management, LLC 4.63% of their portfolio ATLANTA, GA 3,978,8254.0m $104.6m $104.6m 4.63% Added +151.2k +151,156
17 Cetera Investment Advisers 0.11% of their portfolio SCHAUMBURG, IL 3,889,0213.9m $102.3m $102.3m 0.11% Reduced -2.9m -2,891,454
18 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 3,597,0623.6m $94.6m $94.6m 0.01% Reduced -406.3k -406,297
19 One Day In July LLC 7.48% of their portfolio BURLINGTON, VT 3,551,6333.6m $93.4m $93.4m 7.48% Added +321.8k +321,774
20 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,524,3893.5m $92.7m $92.7m 0.01% Added +858.8k +858,804
21 STIFEL FINANCIAL CORP 0.08% of their portfolio ST. LOUIS, MO 3,507,1453.5m $92.2m $92.2m 0.08% Added +186.4k +186,351
22 Farther Finance Advisors, LLC 0.84% of their portfolio SAN FRANCISCO, CA 3,393,2183.4m $88.8m $88.8m 0.84% Added +1.1m +1,059,888
23 CWM, LLC 0.21% of their portfolio OMAHA, NE 2,966,4853.0m $78.0m $78.0m 0.21% Added +216.4k +216,358
24 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 2,876,4022.9m $75.6m $75.6m 0.05% Added +262.8k +262,837
25 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 2,782,2982.8m $73.2m $73.2m 0.02% Added +2.4m +2,367,790
26 OSAIC HOLDINGS, INC. 0.10% of their portfolio SCOTTSDALE, AZ 2,580,0242.6m $67.9m $67.9m 0.10% Reduced -177.1k -177,146
27 Destination Wealth Management 1.51% of their portfolio Walnut Creek, CA 2,215,0712.2m $58.3m $58.3m 1.51% Added +81.9k +81,924
28 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,906,1481.9m $50.1m $50.1m 0.01% Added +73.8k +73,812
29 Thrivent Financial for Lutherans 0.09% of their portfolio Minneapolis, MN 1,735,7931.7m $45.7m $45.7m 0.09% Added +141.0k +140,981
30 Envestnet Portfolio Solutions, Inc. 0.25% of their portfolio BERWYN, PA 1,721,1351.7m $45.3m $45.3m 0.25% Added +185.6k +185,565
31 Tennessee Valley Asset Management Partners 5.75% of their portfolio KNOXVILLE, TN 1,655,2181.7m $43.5m $43.5m 5.75% Added +870.0k +870,048
32 Voya Financial Advisors, Inc. 4.06% of their portfolio WINDSOR, CT 1,567,9681.6m $40.7m $40.7m 4.06% Reduced -5.6k -5,643
33 Stratos Wealth Advisors, LLC 2.51% of their portfolio BEACHWOOD, OH 1,552,6071.6m $40.8m $40.8m 2.51% Added +51.8k +51,835
34 MCMORGAN & CO LLC 6.45% of their portfolio SAN FRANCISCO, CA 1,516,3711.5m $39.9m $39.9m 6.45% Added +55.3k +55,270
35 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,414,4301.4m $37.2m $37.2m 0.01% Reduced -298.3k -298,254
36 MA Private Wealth 6.25% of their portfolio SAN CARLOS, CA 1,404,8771.4m $36.9m $36.9m 6.25% Added +739.9k +739,855
37 McAdam, LLC 1.42% of their portfolio Philadelphia, PA 1,201,4561.2m $31.6m $31.6m 1.42% Added +54.4k +54,427
38 SOFI WEALTH, LLC 1.44% of their portfolio SAN FRANCISCO, CA 1,139,0911.1m $30.0m $30.0m 1.44% Reduced -276.7k -276,737
39 Strategic Wealth Investment Group, LLC 3.71% of their portfolio LOUISVILLE, KY 1,111,1091.1m $29.2m $29.2m 3.71% Added +6.9k +6,933
40 Sanctuary Advisors, LLC 0.15% of their portfolio INDIANAPOLIS, IN 1,069,9351.1m $28.1m $28.1m 0.15% Added +122.1k +122,092
41 Advisory Alpha, LLC 0.76% of their portfolio HOLLAND, MI 1,063,9841.1m $28.0m $28.0m 0.76% Reduced -31.2k -31,192
42 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 1,059,0621.1m $27.9m $27.9m 0.04% Reduced -4.4k -4,371
43 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,052,4541.1m $27.7m $27.7m 0.01% Reduced -275.4k -275,439
44 Shepherd Financial Partners LLC 2.54% of their portfolio WINCHESTER, MA 1,016,5141.0m $26.7m $26.7m 2.54% Added +72.9k +72,886
45 Integrated Wealth Concepts LLC 0.20% of their portfolio WALTHAM, MA 944,560944.6k $24.8m $24.8m 0.20% Added +19.3k +19,285
46 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 849,396849.4k $22.3m $22.3m 0.01% Added +68.0k +67,988
47 GM Advisory Group, LLC 0.86% of their portfolio MELVILLE, NY 845,860845.9k $22.2m $22.2m 0.86% Added +19.7k +19,663
48 AE Wealth Management LLC 0.12% of their portfolio TOPEKA, KS 815,956816.0k $21.5m $21.5m 0.12% Reduced -381.1k -381,148
49 Gradient Investments LLC 0.33% of their portfolio ARDEN HILLS, MN 800,461800.5k $21.1m $21.1m 0.33% Added +48.4k +48,390
50 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 792,562792.6k $20.8m $20.8m 0.00% Reduced -10.4k -10,383
51 Security Financial Services, INC. 3.27% of their portfolio Fort Wayne, IN 787,079787.1k $20.7m $20.7m 3.27% Added +92.1k +92,124
52 CFS Investment Advisory Services, LLC 1.43% of their portfolio TOTOWA, NJ 785,454785.5k $20.8m $20.8m 1.43% Reduced -22.5k -22,500
53 Ascent Group, LLC 0.69% of their portfolio VIRGINIA BEACH, VA 762,045762.0k $20.0m $20.0m 0.69% Added +43.3k +43,317
54 Fisher Asset Management, LLC 0.01% of their portfolio PLANO, TX 722,790722.8k $19.0m $19.0m 0.01% Reduced -388.6k -388,567
55 Mariner, LLC 0.02% of their portfolio Overland Park, KS 693,474693.5k $18.2m $18.2m 0.02% Added +31.3k +31,324
56 RFG Advisory, LLC 0.33% of their portfolio BIRMINGHAM, AL 691,730691.7k $18.2m $18.2m 0.33% Added +22.5k +22,532
57 Private Advisor Group, LLC 0.08% of their portfolio MORRISTOWN, NJ 678,239678.2k $17.8m $17.8m 0.08% Reduced -29.6k -29,647
58 SPINNAKER TRUST 0.94% of their portfolio PORTLAND, ME 645,913645.9k $17.0m $17.0m 0.94% Reduced -8.3k -8,338
59 FLC Capital Advisors 3.04% of their portfolio PALM DESERT, CA 636,658636.7k $16.7m $16.7m 3.04% Added +25.1k +25,125
60 PARK AVENUE SECURITIES LLC 0.13% of their portfolio NEW YORK, NY 635,767635.8k $16.7m $16.7m 0.13% Added +20.8k +20,841
61 NewEdge Advisors, LLC 0.06% of their portfolio NEW ORLEANS, LA 602,936602.9k $15.9m $15.9m 0.06% Added +111.3k +111,261
62 Gibbs Wealth Management 2.08% of their portfolio Alpharetta, GA 599,839599.8k $15.8m $15.8m 2.08% Added +265.0k +265,040
63 Checchi Capital Advisers, LLC 1.05% of their portfolio BEVERLY HILLS, CA 581,341581.3k $15.3m $15.3m 1.05% Reduced -137.6k -137,581
64 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.09% of their portfolio IRVING, TX 570,789570.8k $15.0m $15.0m 0.09% Added +284.0k +283,970
65 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 549,058549.1k $14.4m $14.4m 0.04% Added +9.2k +9,175
66 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 528,565528.6k $13.9m $13.9m 0.03% Reduced -367.8k -367,849
67 Manhattan West Asset Management, LLC 2.72% of their portfolio Los Angeles, CA 528,153528.2k $13.9m $13.9m 2.72% Added +39.4k +39,433
68 AlphaStar Capital Management, LLC 1.02% of their portfolio CORNELIUS, NC 525,624525.6k $13.8m $13.8m 1.02% Added +422.4k +422,367
69 Impact Investors, Inc 9.45% of their portfolio SAN FRANCISCO, CA 517,490517.5k $13.6m $13.6m 9.45% Added +45.2k +45,243
70 Equitable Holdings, Inc. 0.09% of their portfolio NEW YORK, NY 516,159516.2k $13.7m $13.7m 0.09% Added +213.8k +213,811
71 Vestmark Advisory Solutions, Inc. 0.15% of their portfolio Wakefield, MA 507,315507.3k $13.3m $13.3m 0.15% Added +30.4k +30,396
72 LEVEL FOUR ADVISORY SERVICES, LLC 0.43% of their portfolio DALLAS, TX 501,894501.9k $13.2m $13.2m 0.43% Reduced -33.6k -33,598
73 Perigon Wealth Management, LLC 0.24% of their portfolio SAN FRANCISCO, CA 494,725494.7k $13.0m $13.0m 0.24% Reduced -23.9k -23,876
74 J.E. Simmons & Co., P.C. 8.67% of their portfolio DALLAS, TX 492,621492.6k $13.0m $13.0m 8.67% Added +298.6k +298,633
75 ELEVATION POINT WEALTH PARTNERS, LLC 0.31% of their portfolio DENVER, CO 491,220491.2k $12.9m $12.9m 0.31% Added +38.3k +38,255
76 Roberts Financial Services LLC 3.93% of their portfolio MARQUETTE, MI 469,478469.5k $12.3m $12.3m 3.93% Reduced -55.3k -55,260
77 PRINCIPAL SECURITIES, INC. 0.18% of their portfolio DES MOINES, IA 464,406464.4k $12.2m $12.2m 0.18% Added +37.0k +36,971
78 Tidal Investments LLC 0.04% of their portfolio Milwaukee, WI 461,741461.7k $12.1m $12.1m 0.04% New
79 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 440,547440.5k $11.6m $11.6m 0.01% Reduced -72.2k -72,200
80 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 431,867431.9k $11.4m $11.4m 0.01% Added +175.2k +175,212
81 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 430,090430.1k $11.3m $11.3m 0.02% New
82 High Probability Advisors, LLC 1.36% of their portfolio Pittsford, NY 403,545403.5k $10.6m $10.6m 1.36% Added +115.3k +115,260
83 World Investment Advisors 0.17% of their portfolio LINCROFT, NJ 390,915390.9k $10.3m $10.3m 0.17% Added +18.3k +18,307
84 CONSOLIDATED CAPITAL MANAGEMENT, LLC 3.31% of their portfolio BURBANK, CA 390,148390.1k $10.3m $10.3m 3.31% New
85 Ancora Advisors LLC 0.21% of their portfolio Cleveland, OH 379,323379.3k $10.0m $10.0m 0.21% Added +38.7k +38,742
86 Redwood Investment Management, LLC 1.21% of their portfolio SCOTTSDALE, AZ 371,447371.4k $9.8m $9.8m 1.21% Added +38.5k +38,470
87 Jump Financial, LLC 0.14% of their portfolio Chicago, IL 366,974367.0k $9.7m $9.7m 0.14% Added +176.0k +176,017
88 AllGen Financial Advisors, Inc. 2.24% of their portfolio ORLANDO, FL 359,014359.0k $9.4m $9.4m 2.24% Added +145.2k +145,225
89 Appalachian Capital Management Ltd 7.40% of their portfolio ST CLAIRSVILLE, OH 351,564351.6k $9.2m $9.2m 7.40% Reduced -7.2k -7,248
90 MPWM ADVISORY SOLUTIONS, LLC 4.84% of their portfolio ALPHARETTA, GA 347,157347.2k $9.1m $9.1m 4.84% Added +106.6k +106,618
91 MOTCO 0.83% of their portfolio SAN ANTONIO, TX 342,551342.6k $9.0m $9.0m 0.83% Added +6.4k +6,381
92 Impact Partnership Wealth, LLC 1.09% of their portfolio MARIETTA, GA 334,602334.6k $8.8m $8.8m 1.09% Added +83.2k +83,241
93 Scarborough Advisors, LLC 0.96% of their portfolio ANNAPOLIS, MD 332,842332.8k $8.8m $8.8m 0.96% Reduced -2.4k -2,404
94 Keystone Financial Group 0.60% of their portfolio LEXINGTON, KY 331,563331.6k $8.7m $8.7m 0.60% Added +100.3k +100,291
95 Summit Trail Advisors, LLC 0.12% of their portfolio NEW YORK, NY 318,188318.2k $8.4m $8.4m 0.12% Added +63.0k +62,964
96 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 305,589305.6k $8.0m $8.0m 0.01% Added +218.5k +218,474
97 Hobart Private Capital, LLC 1.55% of their portfolio CHARLOTTE, NC 300,463300.5k $7.9m $7.9m 1.55% Reduced -5.3k -5,335
98 Avidian Wealth Enterprises, LLC 0.24% of their portfolio Houston, TX 285,688285.7k $7.5m $7.5m 0.24% Added +26.5k +26,517
99 Permanent Capital Management, LP 1.14% of their portfolio CHICAGO, IL 281,994282.0k $7.3m $7.3m 1.14% Added +2.8k +2,796
100 Kingsview Wealth Management, LLC 0.10% of their portfolio GRANTS PASS, OR 279,144279.1k $7.3m $7.3m 0.10% Reduced -11.5k -11,466