Vault-13

SPDR SER TR SPTI

PORTFLI INTRMDIT · ETP · CUSIP 78464A672

368 institutional holders +8 vs Q4 2024
244,954,206245.0m shares reported held*
$7.0bnreported value*
50 new 151 added 125 reduced 40 sold out net bought ≈ $587.0m (+20.6m 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 ($1.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.57.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 239Q4 22: 247Q1 23: 268Q2 23: 262Q3 23: 268Q4 23: 315Q1 24: 315Q2 24: 318Q3 24: 333Q4 24: 360Q1 25: 368368Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022239
Q4 2022247
Q1 2023268
Q2 2023262
Q3 2023268
Q4 2023315
Q1 2024315
Q2 2024318
Q3 2024333
Q4 2024360
Q1 2025368

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 129 bought or addedQ2 23: 143 cut or sold outQ3 23: 133 bought or addedQ3 23: 131 cut or sold outQ3 23Q4 23: 167 bought or addedQ4 23: 128 cut or sold outQ1 24: 175 bought or addedQ1 24: 147 cut or sold outQ1 24Q2 24: 149 bought or addedQ2 24: 160 cut or sold outQ3 24: 189 bought or addedQ3 24: 127 cut or sold outQ3 24Q4 24: 173 bought or addedQ4 24: 156 cut or sold outQ1 25: 201 bought or addedQ1 25: 165 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023129143
Q3 2023133131
Q4 2023167128
Q1 2024175147
Q2 2024149160
Q3 2024189127
Q4 2024173156
Q1 2025201165

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ2 24 calls: $344.6kQ2 24 puts: $0Q2 24P/C 0.00Q3 24 calls: $0Q3 24 puts: $23.2kQ3 24P/C —Q4 24 calls: $0Q4 24 puts: $5.6kQ4 24P/C —Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —
Numbers
QuarterCallsPutsP/C
Q2 2024$344.6k$00.00
Q3 2024$0$23.2k—
Q4 2024$0$5.6k—
Q1 2025$0$0—

Biggest buyers

Municipal Employees' Retirement System of Michigan Added +9,437,321+9.4m
BANK OF AMERICA CORP /DE/ Added +3,533,916+3.5m
EVERMAY WEALTH MANAGEMENT LLC Added +2,717,835+2.7m
Compton Financial Group, LLC New +1,807,727+1.8m
MATHER GROUP, LLC. Added +1,377,983+1.4m
Carnegie Investment Counsel New +1,337,412+1.3m
Gradient Investments LLC Added +1,137,296+1.1m
Donoghue Forlines LLC New +988,393+988.4k
MORGAN STANLEY Added +567,683+567.7k
Collier Financial New +565,996+566.0k

Biggest sellers

STATE STREET CORP Reduced -1,850,971-1.9m
GOLDMAN SACHS GROUP INC Reduced -1,746,131-1.7m
Independent Advisor Alliance Reduced -1,423,582-1.4m
Strategic Wealth Investment Group, LLC Reduced -1,191,245-1.2m
Headland Capital, LLC Sold out -440,958-441.0k
UBS Group AG Reduced -408,507-408.5k
CW Advisors, LLC Reduced -373,367-373.4k
Migdal Insurance & Financial Holdings Ltd. Reduced -260,626-260.6k
OSAIC HOLDINGS, INC. Reduced -249,211-249.2k
Concord Asset Management, LLC/VA Reduced -232,900-232.9k

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.43% of their portfolio FORT MILL, SC 38,247,13038.2m $1.1bn $1.1bn 0.43% Reduced -143.1k -143,074
2 Municipal Employees' Retirement System of Michigan 12.98% of their portfolio LANSING, MI 35,861,65335.9m $1.0bn $1.0bn 12.98% Added +9.4m +9,437,321
3 Financial Engines Advisors L.L.C. 2.19% of their portfolio SANTA CLARA, CA 35,763,24035.8m $1.0bn $1.0bn 2.19% Added +462.1k +462,059
4 MATHER GROUP, LLC. 3.34% of their portfolio CHICAGO, IL 10,103,79510.1m $288.8m $288.8m 3.34% Added +1.4m +1,377,983
5 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 7,763,3647.8m $222.0m $222.0m 0.06% Added +209.0k +208,973
6 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 6,888,2176.9m $196.9m $196.9m 0.02% Added +3.5m +3,533,916
7 Merit Financial Group, LLC 1.93% of their portfolio ALPHARETTA, GA 4,499,4004.5m $128.6m $128.6m 1.93% Reduced -18.1k -18,091
8 UBS Group AG 0.03% of their portfolio ZURICH, V8 4,015,5624.0m $114.8m $114.8m 0.03% Reduced -408.5k -408,507
9 EVERMAY WEALTH MANAGEMENT LLC 14.36% of their portfolio ARLINGTON, VA 3,826,1623.8m $109.4m $109.4m 14.36% Added +2.7m +2,717,835
10 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 3,511,2163.5m $100.4m $100.4m 0.03% Added +123.4k +123,390
11 STEPHENS GROUP ASSET MANAGEMENT, LLC 7.90% of their portfolio LITTLE ROCK, AR 3,425,5163.4m $97.9m $97.9m 7.90% Added +548.3k +548,311
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,311,6723.3m $94.6m $94.6m 0.00% Reduced -1.9m -1,850,971
13 GLOBALT Investments LLC / GA 3.79% of their portfolio Atlanta, GA 3,246,1543.2m $92.8m $92.8m 3.79% Reduced -65.2k -65,183
14 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 3,203,2683.2m $91.5m $91.5m 0.02% Added +197.4k +197,435
15 CWM, LLC 0.36% of their portfolio OMAHA, NE 3,115,0113.1m $89.0m $89.0m 0.36% Reduced -70.6k -70,596
16 One Day In July LLC 8.48% of their portfolio BURLINGTON, VT 2,964,1713.0m $84.7m $84.7m 8.48% Added +346.4k +346,437
17 Kingsview Wealth Management, LLC 1.47% of their portfolio GRANTS PASS, OR 2,721,0822.7m $77.8m $77.8m 1.47% Reduced -160.4k -160,427
18 CW Advisors, LLC 0.88% of their portfolio BOSTON, MA 2,572,7972.6m $73.5m $73.5m 0.88% Reduced -373.4k -373,367
19 ASSETMARK, INC 0.18% of their portfolio CONCORD, CA 2,274,1002.3m $65.0m $65.0m 0.18% Added +113.7k +113,707
20 CX Institutional 2.20% of their portfolio AUBURN, IN 2,043,6262.0m $58.4m $58.4m 2.20% Reduced -143.2k -143,177
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,854,2801.9m $53.0m $53.0m 0.00% Added +567.7k +567,683
22 Private Advisor Group, LLC 0.32% of their portfolio MORRISTOWN, NJ 1,844,7531.8m $52.7m $52.7m 0.32% Added +39.5k +39,516
23 Compton Financial Group, LLC 14.88% of their portfolio TOWSON, MD 1,807,7271.8m $51.7m $51.7m 14.88% New
24 MANNING & NAPIER ADVISORS LLC 0.57% of their portfolio Fairport, NY 1,626,7271.6m $46.5m $46.5m 0.57% Reduced -17.0k -16,979
25 Migdal Insurance & Financial Holdings Ltd. 0.59% of their portfolio Petach Tikva, L3 1,471,3301.5m $42.1m $42.1m 0.59% Reduced -260.6k -260,626
26 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,437,4301.4m $41.1m $41.1m 0.00% Reduced -33.6k -33,649
27 O'Brien Wealth Partners LLC 7.46% of their portfolio Waltham, MA 1,402,5561.4m $40.1m $40.1m 7.46% Reduced -1.7k -1,709
28 Carnegie Investment Counsel 0.91% of their portfolio PEPPER PIKE, OH 1,337,4121.3m $38.2m $38.2m 0.91% New
29 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 1,325,0871.3m $37.9m $37.9m 0.05% Added +37.5k +37,516
30 Portland Global Advisors LLC 4.61% of their portfolio PORTLAND, ME 1,281,3961.3m $36.6m $36.6m 4.61% Added +61.6k +61,554
31 Black Diamond Financial, LLC 5.29% of their portfolio TOWSON, MD 1,232,7591.2m $35.2m $35.2m 5.29% Added +69.8k +69,759
32 VOISARD ASSET MANAGEMENT GROUP, INC. 9.84% of their portfolio Grand Rapids, MI 1,177,5691.2m $33.7m $33.7m 9.84% Added +402.2k +402,195
33 Gradient Investments LLC 0.66% of their portfolio ARDEN HILLS, MN 1,151,2001.2m $32.9m $32.9m 0.66% Added +1.1m +1,137,296
34 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 1,120,3681.1m $32.0m $32.0m 0.06% Added +98.5k +98,465
35 SENTINEL PENSION ADVISORS, LLC 5.87% of their portfolio WAKEFIELD, MA 1,115,2831.1m $31.9m $31.9m 5.87% Reduced -81.5k -81,460
36 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,109,9181.1m $31.7m $31.7m 0.01% Added +284.8k +284,825
37 Equitable Holdings, Inc. 0.30% of their portfolio NEW YORK, NY 1,106,8601.1m $31.6m $31.6m 0.30% Added +112.4k +112,376
38 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 1,022,3841.0m $29.2m $29.2m 0.02% Added +20.7k +20,665
39 Wela Strategies, Inc. 12.01% of their portfolio ATLANTA, GA 995,344995.3k $28.4m $28.4m 12.01% Added +25.0k +25,007
40 Donoghue Forlines LLC 8.95% of their portfolio Boston, MA 988,393988.4k $28.2m $28.2m 8.95% New
41 FLAGSHIP HARBOR ADVISORS, LLC 1.47% of their portfolio BOSTON, MA 978,694978.7k $28.0m $28.0m 1.47% Added +482.7k +482,715
42 Concord Wealth Partners 4.51% of their portfolio ABINGDON, VA 961,933961.9k $27.5m $27.5m 4.51% Reduced -179.8k -179,784
43 Concord Asset Management, LLC/VA 5.69% of their portfolio ABINGDON, VA 907,812907.8k $25.8m $25.8m 5.69% Reduced -232.9k -232,900
44 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 892,268892.3k $25.5m $25.5m 0.03% Added +2.9k +2,910
45 Leicht Financial Planning & Wealth Management, Inc. 13.10% of their portfolio PARSIPPANY, NJ 876,252876.3k $25.0m $25.0m 13.10% Added +43.3k +43,289
46 GREAT VALLEY ADVISOR GROUP, INC. 0.54% of their portfolio WILMINGTON, DE 870,817870.8k $24.9m $24.9m 0.54% Added +45.4k +45,419
47 Stratos Wealth Advisors, LLC 1.30% of their portfolio BEACHWOOD, OH 834,673834.7k $23.9m $23.9m 1.30% Added +190.7k +190,733
48 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 782,334782.3k $22.4m $22.4m 0.04% Added +30.1k +30,070
49 Flagstone Financial Management 6.54% of their portfolio LINCOLN, NE 710,537710.5k $20.3m $20.3m 6.54% Added +34.0k +33,979
50 Vestmark Advisory Solutions, Inc. 0.49% of their portfolio Wakefield, MA 671,334671.3k $19.2m $19.2m 0.49% Added +391.6k +391,575
51 Comprehensive Wealth Management, LLC 13.06% of their portfolio LYNNWOOD, WA 656,736656.7k $18.8m $18.8m 13.06% Reduced -35.5k -35,495
52 Astoria Portfolio Advisors LLC. 6.07% of their portfolio NEW YORK, NY 626,093626.1k $17.8m $17.8m 6.07% Added +96.1k +96,128
53 Mariner, LLC 0.03% of their portfolio Overland Park, KS 608,726608.7k $17.4m $17.4m 0.03% Added +86.2k +86,164
54 3EDGE Asset Management, LP 1.17% of their portfolio Naples, FL 601,779601.8k $17.2m $17.2m 1.17% Added +344.4k +344,422
55 Steward Partners Investment Advisory, LLC 0.15% of their portfolio STAMFORD, CT 595,022595.0k $17.0m $17.0m 0.15% Added +14.4k +14,419
56 Hobbs Group Advisors, LLC 6.44% of their portfolio COLUMBIA, SC 592,625592.6k $16.9m $16.9m 6.44% Reduced -23.9k -23,886
57 WOODMONT INVESTMENT COUNSEL LLC 1.22% of their portfolio NASHVILLE, TN 588,764588.8k $16.8m $16.8m 1.22% Added +103.7k +103,727
58 Collier Financial 13.75% of their portfolio DENVER, CO 565,996566.0k $16.2m $16.2m 13.75% New
59 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 550,254550.3k $15.7m $15.7m 0.03% Reduced -102.1k -102,102
60 Willow Creek Wealth Management Inc. 1.47% of their portfolio Sebastopol, CA 528,896528.9k $15.1m $15.1m 1.47% Added +27.2k +27,161
61 Melone Private Wealth, LLC 7.66% of their portfolio AUBURN HILLS, MI 512,444512.4k $14.6m $14.6m 7.66% Added +13.5k +13,493
62 US FINANCIAL ADVISORS, LLC 4.18% of their portfolio BRAINTREE, MA 494,894494.9k $14.1m $14.1m 4.18% Added +28.8k +28,765
63 GM Advisory Group, LLC 0.76% of their portfolio MELVILLE, NY 492,703492.7k $14.1m $14.1m 0.76% Added +41.7k +41,653
64 S. R. Schill & Associates 10.90% of their portfolio MERCER ISLAND, WA 478,094478.1k $13.7m $13.7m 10.90% Added +25.5k +25,505
65 Arjuna Capital 3.77% of their portfolio MANCHESTER, MA 476,043476.0k $13.6m $13.6m 3.77% Added +58.8k +58,841
66 OneDigital Investment Advisors LLC 0.16% of their portfolio OVERLAND PARK, KS 475,495475.5k $13.6m $13.6m 0.16% Added +17.6k +17,637
67 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 472,552472.6k $13.5m $13.5m 0.03% Reduced -249.2k -249,211
68 LEVEL FOUR ADVISORY SERVICES, LLC 0.55% of their portfolio DALLAS, TX 471,893471.9k $13.5m $13.5m 0.55% Added +22.8k +22,827
69 Apriem Advisors 1.47% of their portfolio IRVINE, CA 440,416440.4k $12.6m $12.6m 1.47% Added +11.1k +11,120
70 Certified Advisory Corp 1.41% of their portfolio ALTAMONTE SPRINGS, FL 435,234435.2k $12.4m $12.4m 1.41% Reduced -44.7k -44,672
71 TPG Financial Advisors, LLC 5.09% of their portfolio PORTLAND, OR 403,208403.2k $11.5m $11.5m 5.09% Reduced -154.1k -154,137
72 Capasso Planning Partners LLC 4.71% of their portfolio CHARLESTON, SC 393,477393.5k $11.2m $11.2m 4.71% Added +20.4k +20,393
73 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 393,472393.5k $11.2m $11.2m 0.00% Reduced -1.7m -1,746,131
74 Leslie Global Wealth, LLC 5.45% of their portfolio Itasca, IL 391,533391.5k $11.2m $11.2m 5.45% Reduced -8.5k -8,498
75 Salomon & Ludwin, LLC 1.18% of their portfolio RICHMOND, VA 388,476388.5k $11.1m $11.1m 1.18% Added +37.5k +37,505
76 TSFG, LLC 2.21% of their portfolio LAKE FOREST, IL 377,413377.4k $10.8m $10.8m 2.21% Added +29.4k +29,403
77 Spectrum Wealth Advisory Group, LLC 5.17% of their portfolio GRANITE BAY, CA 376,673376.7k $10.8m $10.8m 5.17% Reduced -4.0k -4,016
78 PARK AVENUE SECURITIES LLC 0.13% of their portfolio NEW YORK, NY 372,822372.8k $10.7m $10.7m 0.13% Added +11.2k +11,179
79 Equita Financial Network, Inc. 3.51% of their portfolio FORT WASHINGTON, PA 351,721351.7k $10.1m $10.1m 3.51% Added +36.2k +36,206
80 Tilson Financial Group, Inc. 3.91% of their portfolio NEW PROVIDENCE, NJ 345,912345.9k $9.9m $9.9m 3.91% Added +14.6k +14,557
81 Waterloo Capital, L.P. 0.91% of their portfolio AUSTIN, TX 343,914343.9k $9.8m $9.8m 0.91% Added +60.4k +60,432
82 BRIDGE GENERATIONS WEALTH MANAGEMENT LLC 5.98% of their portfolio South Miami, FL 333,042333.0k $9.5m $9.5m 5.98% New
83 Impact Partnership Wealth, LLC 2.01% of their portfolio MARIETTA, GA 329,952330.0k $9.4m $9.4m 2.01% Added +26.2k +26,225
84 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 329,188329.2k $9.4m $9.4m 0.01% Added +118.2k +118,215
85 MATAURO, LLC 1.84% of their portfolio NEW YORK, NY 316,150316.1k $9.0m $9.0m 1.84% Reduced -45.9k -45,874
86 Retirement Planning Group, LLC 0.41% of their portfolio LEAWOOD, KS 304,138304.1k $8.7m $8.7m 0.41% Reduced -12.4k -12,358
87 COMERICA BANK 0.04% of their portfolio DALLAS, TX 300,238300.2k $8.6m $8.6m 0.04% Added +12.8k +12,781
88 Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio SEOUL, M5 284,000284.0k $8.1m $8.1m 0.03% Reduced -12.0k -12,000
89 Trilogy Capital Inc. 0.42% of their portfolio IRVINE, CA 280,247280.2k $8.0m $8.0m 0.42% Reduced -204.0k -204,045
90 INTEGRITY WEALTH ADVISORS, INC. 5.82% of their portfolio Ventura, CA 277,929277.9k $7.9m $7.9m 5.82% Reduced -19.1k -19,065
91 ABOUND FINANCIAL, LLC 4.01% of their portfolio GRANITE BAY, CA 277,233277.2k $7.9m $7.9m 4.01% Reduced -21.0k -21,015
92 IFG Advisory, LLC 0.44% of their portfolio ATLANTA, GA 276,476276.5k $7.9m $7.9m 0.44% Added +1.0k +1,035
93 BERKSHIRE ASSET MANAGEMENT LLC/PA 0.37% of their portfolio WILKES BARRE, PA 270,135270.1k $7.7m $7.7m 0.37% Added +36.9k +36,866
94 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 264,109264.1k $7.5m $7.5m 0.00% Reduced -19.7k -19,651
95 PFG Advisors 0.41% of their portfolio Phoenix, AZ 258,336258.3k $7.4m $7.4m 0.41% New
96 Fourth Dimension Wealth, LLC 3.55% of their portfolio MIDDLEBURG HEIGHTS, OH 257,035257.0k $7.3m $7.3m 3.55% Added +77.6k +77,559
97 Key Financial Inc 1.49% of their portfolio WEST CHESTER, PA 239,598239.6k $6.8m $6.8m 1.49% Added +9.2k +9,240
98 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 239,198239.2k $6.8m $6.8m 0.02% Added +34.3k +34,292
99 Eldridge Investment Advisors, Inc. 1.54% of their portfolio MANCHESTER, NH 234,575234.6k $6.7m $6.7m 1.54% Reduced -67.4k -67,400
100 PLANWISER FINANCIAL, LLC 6.02% of their portfolio COLORADO SPRINGS, CO 232,655232.7k $6.6m $6.6m 6.02% First filing