Vault-13

SPDR SER TR SPTI

PORTFLI INTRMDIT · ETP · CUSIP 78464A672

268 institutional holders +6 vs Q2 2023
137,638,154137.6m shares reported held*
$3.8bnreported value*
31 new 102 added 102 reduced 29 sold out net sold ≈ $135.1m (-4.9m 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 ($496.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $27.85. Options: 1 managers hold calls ($101.9k notional), 2 hold puts ($2.9m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 239Q4 22: 247Q1 23: 268Q2 23: 262Q3 23: 268268Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022239
Q4 2022247
Q1 2023268
Q2 2023262
Q3 2023268

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 121 bought or addedQ4 22: 124 cut or sold outQ4 22Q1 23: 174 bought or addedQ1 23: 108 cut or sold outQ1 23Q2 23: 129 bought or addedQ2 23: 143 cut or sold outQ2 23Q3 23: 133 bought or addedQ3 23: 131 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022121124
Q1 2023174108
Q2 2023129143
Q3 2023133131

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $674.3kQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $155.6kQ2 23 puts: $79.3kQ2 23P/C 0.51Q3 23 calls: $101.9kQ3 23 puts: $2.9mQ3 23P/C 28.41
Numbers
QuarterCallsPutsP/C
Q4 2022$0$0—
Q1 2023$674.3k$00.00
Q2 2023$155.6k$79.3k0.51
Q3 2023$101.9k$2.9m28.41

Biggest buyers

Municipal Employees' Retirement System of Michigan Added +5,977,460+6.0m
Financial Engines Advisors L.L.C. Added +3,264,471+3.3m
LPL Financial LLC Added +1,350,991+1.4m
STATE STREET CORP Added +687,423+687.4k
Astoria Portfolio Advisors LLC. New +648,121+648.1k
RFP Financial Group LLC New +438,574+438.6k
Private Advisor Group, LLC Added +426,087+426.1k
JPMORGAN CHASE & CO Added +425,872+425.9k
BlackRock Inc. Added +385,113+385.1k
O'Brien Wealth Partners LLC Added +342,596+342.6k

Biggest sellers

MORGAN STANLEY Reduced -5,878,766-5.9m
JANE STREET GROUP, LLC Reduced -5,207,002-5.2m
GTS SECURITIES LLC Reduced -2,484,859-2.5m
AMERIPRISE FINANCIAL INC Reduced -2,331,074-2.3m
FLOW TRADERS U.S. LLC Reduced -1,510,155-1.5m
OneDigital Investment Advisors LLC Reduced -584,000-584.0k
ENVESTNET ASSET MANAGEMENT INC Reduced -500,819-500.8k
Boyd Wealth Management, LLC Sold out -498,526-498.5k
Horizon Wealth Management, LLC Sold out -444,285-444.3k
Comprehensive Wealth Management, LLC Reduced -355,181-355.2k

Biggest calls

CITADEL ADVISORS LLC Reduced $101.9k3.7k shares

Biggest puts

K2 PRINCIPAL FUND, L.P. New $2.1m75.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $828.7k30.1k 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.

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Financial Engines Advisors L.L.C. 1.99% of their portfolio SANTA CLARA, CA 27,564,37527.6m $758.8m $758.8m 1.99% Added +3.3m +3,264,471
2 LPL Financial LLC 0.51% of their portfolio FORT MILL, SC 26,483,43426.5m $729.1m $729.1m 0.51% Added +1.4m +1,350,991
3 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 6,113,5986.1m $168.6m $168.6m 0.06% Reduced -2.3m -2,331,074
4 Municipal Employees' Retirement System of Michigan 2.29% of their portfolio LANSING, MI 5,977,6276.0m $164.6m $164.6m 2.29% Added +6.0m +5,977,460
5 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 4,105,5614.1m $113.0m $113.0m 0.05% Reduced -500.8k -500,819
6 ASSETMARK, INC 0.45% of their portfolio CONCORD, CA 4,099,5874.1m $112.9m $112.9m 0.45% Reduced -107.6k -107,599
7 CW Advisors, LLC 2.16% of their portfolio BOSTON, MA 3,804,6803.8m $104.7m $104.7m 2.16% Reduced -135.4k -135,399
8 UBS Group AG 0.05% of their portfolio ZURICH, V8 3,612,6913.6m $99.5m $99.5m 0.05% Reduced -27.1k -27,150
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,727,9642.7m $75.1m $75.1m 0.00% Added +687.4k +687,423
10 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,629,6092.6m $72.4m $72.4m 0.01% Reduced -5.9m -5,878,766
11 SYNOVUS FINANCIAL CORP 0.68% of their portfolio Columbus, GA 2,148,7182.1m $59.2m $59.2m 0.68% Reduced -40.2k -40,245
12 Private Advisor Group, LLC 0.45% of their portfolio MORRISTOWN, NJ 1,813,4221.8m $49.9m $49.9m 0.45% Added +426.1k +426,087
13 CWM, LLC 0.28% of their portfolio OMAHA, NE 1,640,2801.6m $45.2m $45.2m 0.28% Added +132.8k +132,770
14 Manning & Napier Group, LLC 0.55% of their portfolio Fairport, NY 1,605,7501.6m $44.2m $44.2m 0.55% Added +23.8k +23,781
15 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 1,561,7011.6m $43.0m $43.0m 0.06% Added +168.4k +168,397
16 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,448,3451.4m $39.9m $39.9m 0.00% Added +425.9k +425,872
17 FLOW TRADERS U.S. LLC 1.83% of their portfolio NEW YORK, NY 1,420,7741.4m $39.1m $39.1m 1.83% Reduced -1.5m -1,510,155
18 CX Institutional 2.13% of their portfolio AUBURN, IN 1,403,6501.4m $38.6m $38.6m 2.13% Reduced -266.2k -266,203
19 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 1,391,5141.4m $38.7m $38.7m 0.01% Added +341.6k +341,569
20 STEPHENS GROUP ASSET MANAGEMENT, LLC 4.02% of their portfolio LITTLE ROCK, AR 1,354,3961.4m $37.3m $37.3m 4.02% Added +138.5k +138,548
21 O'Brien Wealth Partners LLC 9.05% of their portfolio Waltham, MA 1,146,5961.1m $31.6m $31.6m 9.05% Added +342.6k +342,596
22 SENTINEL PENSION ADVISORS, LLC 7.64% of their portfolio WAKEFIELD, MA 1,139,0741.1m $31.4m $31.4m 7.64% Added +153.6k +153,612
23 NewEdge Advisors, LLC 0.33% of their portfolio NEW ORLEANS, LA 1,083,2021.1m $29.8m $29.8m 0.33% Reduced -25.7k -25,652
24 AE Wealth Management LLC 0.17% of their portfolio TOPEKA, KS 1,041,8711.0m $28.7m $28.7m 0.17% Added +70.4k +70,449
25 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 854,330854.3k $23.5m $23.5m 0.04% Added +54.1k +54,095
26 Wela Strategies, Inc. 13.22% of their portfolio ATLANTA, GA 803,295803.3k $22.1m $22.1m 13.22% Added +46.5k +46,505
27 Portland Global Advisors LLC 3.55% of their portfolio PORTLAND, ME 769,609769.6k $21.2m $21.2m 3.55% Added +48.6k +48,650
28 GREAT VALLEY ADVISOR GROUP, INC. 0.87% of their portfolio WILMINGTON, DE 763,168763.2k $21.0m $21.0m 0.87% Added +337.3k +337,333
29 Leicht Financial Planning & Wealth Management, Inc. 12.92% of their portfolio PARSIPPANY, NJ 760,277760.3k $20.9m $20.9m 12.92% Added +19.3k +19,308
30 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 708,140708.1k $19.5m $19.5m 0.01% Reduced -155.0k -155,007
31 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 658,146658.1k $18.1m $18.1m 0.00% Added +499 +499
32 Astoria Portfolio Advisors LLC. 8.53% of their portfolio NEW YORK, NY 648,121648.1k $17.7m $17.7m 8.53% New
33 PARK AVENUE SECURITIES LLC 0.26% of their portfolio NEW YORK, NY 600,481600.5k $16.5m $16.5m 0.26% Reduced -240 -240
34 OneDigital Investment Advisors LLC 0.35% of their portfolio OVERLAND PARK, KS 588,025588.0k $16.2m $16.2m 0.35% Reduced -584.0k -584,000
35 Merit Financial Group, LLC 0.52% of their portfolio ALPHARETTA, GA 574,915574.9k $15.8m $15.8m 0.52% Added +56.4k +56,350
36 Arcadia Wealth Management, LLC 12.16% of their portfolio Manchester, NH 566,055566.1k $15.6m $15.6m 12.16% Added +11.1k +11,140
37 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 564,176564.2k $15.5m $15.5m 0.03% Added +13.6k +13,614
38 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 553,881553.9k $15.2m $15.2m 0.02% Reduced -5.2m -5,207,002
39 Flagstone Financial Management 6.89% of their portfolio LINCOLN, NE 547,368547.4k $15.1m $15.1m 6.89% Added +50.8k +50,760
40 MATHER GROUP, LLC. 0.26% of their portfolio CHICAGO, IL 534,497534.5k $14.7m $14.7m 0.26% Added +63.4k +63,423
41 Steward Partners Investment Advisory, LLC 0.22% of their portfolio STAMFORD, CT 527,908527.9k $14.5m $14.5m 0.22% Added +13.8k +13,789
42 CoreCap Advisors, LLC 1.01% of their portfolio SOUTHFIELD, MI 506,608506.6k $13.9m $13.9m 1.01% Added +285.5k +285,479
43 Arjuna Capital 4.80% of their portfolio MANCHESTER, MA 486,570486.6k $13.4m $13.4m 4.80% Reduced -41.4k -41,406
44 Cetera Investment Advisers 0.11% of their portfolio SCHAUMBURG, IL 468,729468.7k $12.9m $12.9m 0.11% Reduced -12.1k -12,138
45 GTS SECURITIES LLC 0.26% of their portfolio NEW YORK, NY 461,351461.4k $12.7m $12.7m 0.26% Reduced -2.5m -2,484,859
46 Hibernia Wealth Partners, LLC 9.88% of their portfolio BATON ROUGE, LA 459,881459.9k $12.7m $12.7m 9.88% First filing
47 FLAGSHIP HARBOR ADVISORS, LLC 1.05% of their portfolio BOSTON, MA 459,528459.5k $12.7m $12.7m 1.05% Reduced -5.7k -5,744
48 S. R. Schill & Associates 6.11% of their portfolio MERCER ISLAND, WA 456,999457.0k $12.6m $12.6m 6.11% Reduced -10.1k -10,070
49 Migdal Insurance & Financial Holdings Ltd. 0.26% of their portfolio Petach Tikva, L3 444,098444.1k $12.2m $12.2m 0.26% Added +195.4k +195,416
50 RFP Financial Group LLC 5.31% of their portfolio ATLANTA, GA 438,574438.6k $12.1m $12.1m 5.31% New
51 Cetera Advisor Networks LLC 0.07% of their portfolio EL SEGUNDO, CA 423,858423.9k $11.7m $11.7m 0.07% Added +28.4k +28,434
52 Global Retirement Partners, LLC 0.55% of their portfolio San Rafael, CA 401,632401.6k $11.0m $11.0m 0.55% Reduced -125.7k -125,736
53 LEVEL FOUR ADVISORY SERVICES, LLC 0.71% of their portfolio DALLAS, TX 398,437398.4k $11.0m $11.0m 0.71% Reduced -33.5k -33,496
54 BlackRock Inc. 0.00% of their portfolio New York, NY 385,855385.9k $10.6m $10.6m 0.00% Added +385.1k +385,113
55 Trilogy Capital Inc. 0.70% of their portfolio IRVINE, CA 377,656377.7k $10.4m $10.4m 0.70% Reduced -12.4k -12,378
56 Comprehensive Wealth Management, LLC 9.37% of their portfolio LYNNWOOD, WA 361,549361.5k $10.0m $10.0m 9.37% Reduced -355.2k -355,181
57 GM Advisory Group, LLC 0.80% of their portfolio MELVILLE, NY 356,451356.5k $9.8m $9.8m 0.80% Added +17.4k +17,427
58 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 354,421354.4k $9.8m $9.8m 0.01% Added +26.2k +26,203
59 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 352,447352.4k $9.7m $9.7m 0.02% Added +6.9k +6,868
60 US FINANCIAL ADVISORS, LLC 3.89% of their portfolio BRAINTREE, MA 340,430340.4k $9.4m $9.4m 3.89% Reduced -148.5k -148,539
61 Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio SEOUL, M5 318,000318.0k $8.8m $8.8m 0.02% Reduced -88.0k -88,000
62 Beacon Bridge Wealth Partners, LLC 4.59% of their portfolio LOWER GWYNEDD, PA 315,821315.8k $8.7m $8.7m 4.59% Reduced -229.0k -229,015
63 Mutual Advisors, LLC 0.34% of their portfolio OMAHA, NE 312,415312.4k $8.6m $8.6m 0.34% Reduced -91.7k -91,738
64 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 303,681303.7k $8.4m $8.4m 0.00% Added +58.8k +58,814
65 ST GERMAIN D J CO INC 0.46% of their portfolio SPRINGFIELD, MA 295,014295.0k $8.1m $8.1m 0.46% Reduced -75.0k -74,952
66 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 286,003286.0k $7.9m $7.9m 0.01% Added +278.3k +278,320
67 Kingsview Wealth Management, LLC 0.28% of their portfolio GRANTS PASS, OR 278,159278.2k $7.7m $7.7m 0.28% Added +82.5k +82,472
68 Moisand Fitzgerald Tamayo, LLC 1.61% of their portfolio ORLANDO, FL 276,649276.6k $7.6m $7.6m 1.61% Added +1.9k +1,864
69 Stratos Wealth Partners, LTD. 0.16% of their portfolio BEACHWOOD, OH 275,427275.4k $7.6m $7.6m 0.16% Added +246.6k +246,607
70 Asset Management Resources, LLC 4.67% of their portfolio HYANNIS, MA 273,023273.0k $7.5m $7.5m 4.67% Added +17.7k +17,665
71 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 272,140272.1k $7.5m $7.5m 0.02% Reduced -33.8k -33,831
72 COMERICA BANK 0.04% of their portfolio DALLAS, TX 272,005272.0k $7.5m $7.5m 0.04% New
73 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 268,358268.4k $7.4m $7.4m 0.01% Added +227.3k +227,269
74 SimpliFi, Inc. 3.41% of their portfolio SAN DIEGO, CA 251,076251.1k $6.9m $6.9m 3.41% Added +11.1k +11,067
75 IFG Advisory, LLC 0.58% of their portfolio ATLANTA, GA 250,384250.4k $6.9m $6.9m 0.58% Added +153.7k +153,675
76 PSI Advisors, LLC 2.95% of their portfolio TAMPA, FL 247,771247.8k $6.8m $6.8m 2.95% Reduced -1.2k -1,196
77 SIGNET FINANCIAL MANAGEMENT, LLC 1.03% of their portfolio PARSIPPANY, NJ 226,259226.3k $6.2m $6.2m 1.03% Added +14.7k +14,663
78 SMART Wealth LLC 4.46% of their portfolio Omaha, NE 215,750215.8k $5.9m $5.9m 4.46% Added +6.6k +6,590
79 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 206,636206.6k $5.7m $5.7m 0.02% Reduced -6.6k -6,568
80 Equitable Holdings, Inc. 0.08% of their portfolio NEW YORK, NY 201,069201.1k $5.5m $5.5m 0.08% Reduced -209.6k -209,627
81 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 196,793196.8k $5.4m $5.4m 0.03% Added +132.5k +132,484
82 Donoghue Forlines LLC 1.92% of their portfolio Boston, MA 196,362196.4k $5.4m $5.4m 1.92% New
83 Auour Investments LLC 2.15% of their portfolio WOBURN, MA 186,575186.6k $5.1m $5.1m 2.15% Added +12.9k +12,945
84 Aveo Capital Partners, LLC 0.67% of their portfolio ENGLEWOOD, CO 186,471186.5k $5.1m $5.1m 0.67% Added +3.9k +3,942
85 Certified Advisory Corp 0.86% of their portfolio ALTAMONTE SPRINGS, FL 186,336186.3k $4.7m $4.7m 0.86% Added +20.8k +20,844
86 Capasso Planning Partners LLC 2.71% of their portfolio CHARLESTON, SC 184,284184.3k $5.1m $5.1m 2.71% Added +4.2k +4,200
87 Strategic Financial Partners, Ltd. 3.04% of their portfolio Bend, OR 181,885181.9k $5.0m $5.0m 3.04% Reduced -154.2k -154,191
88 Integrated Wealth Concepts LLC 0.09% of their portfolio WALTHAM, MA 181,741181.7k $5.0m $5.0m 0.09% Reduced -16.3k -16,305
89 Equita Financial Network, Inc. 2.98% of their portfolio FORT WASHINGTON, PA 176,045176.0k $4.8m $4.8m 2.98% First filing
90 Envestnet Portfolio Solutions, Inc. 0.02% of their portfolio BERWYN, PA 161,765161.8k $4.5m $4.5m 0.02% First filing
91 GPS Wealth Strategies Group, LLC 0.85% of their portfolio CENTENNIAL, CO 161,420161.4k $4.4m $4.4m 0.85% Added +21.4k +21,428
92 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 158,095158.1k $4.4m $4.4m 0.01% Added +23.8k +23,815
93 Dentgroup LLC 3.12% of their portfolio BATON ROUGE, LA 153,803153.8k $4.2m $4.2m 3.12% Reduced -20.4k -20,405
94 BAILARD, INC. 0.14% of their portfolio Foster City, CA 149,187149.2k $4.1m $4.1m 0.14% Reduced -21.4k -21,430
95 TSFG, LLC 1.37% of their portfolio LAKE FOREST, IL 139,264139.3k $3.8m $3.8m 1.37% Added +139.1k +139,092
96 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 138,949138.9k $3.8m $3.8m 0.04% Added +14.7k +14,681
97 Rede Wealth, LLC 1.89% of their portfolio CHARLOTTESVILLE, VA 137,056137.1k $3.8m $3.8m 1.89% Reduced -5.2k -5,170
98 Mariner, LLC 0.01% of their portfolio Overland Park, KS 128,599128.6k $3.5m $3.5m 0.01% Reduced -117.2k -117,218
99 Mariner Managed Account Solutions, LLC 0.29% of their portfolio Boston, MA 127,339127.3k $3.5m $3.5m 0.29% Reduced -3.7k -3,668
100 LIBRA WEALTH LLC 1.83% of their portfolio LOS GATOS, CA 120,350120.3k $3.3m $3.3m 1.83% Reduced -3.7k -3,745