Vault-13

SPDR SER TR SPTI

PORTFLI INTRMDIT · ETP · CUSIP 78464A672

374 institutional holders -14 vs Q2 2025
295,498,416295.5m shares reported held*
$8.5bnreported value*
35 new 184 added 112 reduced 43 sold out net bought ≈ $530.5m (+18.4m 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 ($2.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.90.

Trends to Q3 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: 368Q2 25: 388Q3 25: 374374Q3 22Q2 23Q1 24Q4 24Q3 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
Q2 2025388
Q3 2025374

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 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 25Q2 25: 217 bought or addedQ2 25: 158 cut or sold outQ3 25: 219 bought or addedQ3 25: 155 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023167128
Q1 2024175147
Q2 2024149160
Q3 2024189127
Q4 2024173156
Q1 2025201165
Q2 2025217158
Q3 2025219155

Calls vs puts

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

CallsPuts
$0$2k$4k$6kQ4 24 calls: $0Q4 24 puts: $5.6kQ4 24P/C —Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —
Numbers
QuarterCallsPutsP/C
Q4 2024$0$5.6k—
Q1 2025$0$0—
Q2 2025$0$0—
Q3 2025$0$0—

Biggest buyers

Financial Engines Advisors L.L.C. Added +5,444,992+5.4m
Strategic Wealth Investment Group, LLC Added +3,252,821+3.3m
LPL Financial LLC Added +2,918,962+2.9m
OSAIC HOLDINGS, INC. Added +2,852,112+2.9m
CX Institutional Added +2,667,815+2.7m
MERCER GLOBAL ADVISORS INC /ADV New +1,423,757+1.4m
NorthRock Partners, LLC Added +878,885+878.9k
CWM, LLC Added +783,183+783.2k
ENVESTNET ASSET MANAGEMENT INC Added +700,724+700.7k
One Day In July LLC Added +655,484+655.5k

Biggest sellers

STATE STREET CORP Reduced -3,046,884-3.0m
Stadion Money Management, LLC Sold out -1,740,550-1.7m
AMERIPRISE FINANCIAL INC Reduced -1,384,148-1.4m
GOLDMAN SACHS GROUP INC Reduced -995,567-995.6k
Vestmark Advisory Solutions, Inc. Reduced -698,293-698.3k
ROYAL BANK OF CANADA Reduced -628,155-628.2k
BANK OF AMERICA CORP /DE/ Reduced -332,408-332.4k
Stratos Wealth Partners, LTD. Reduced -326,039-326.0k
PFG Advisors Reduced -272,753-272.8k
Richard Bernstein Advisors LLC Reduced -224,145-224.1k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.40% of their portfolio FORT MILL, SC 47,092,60647.1m $1.4bn $1.4bn 0.40% Added +2.9m +2,918,962
2 Financial Engines Advisors L.L.C. 2.27% of their portfolio SANTA CLARA, CA 41,083,39641.1m $1.2bn $1.2bn 2.27% Added +5.4m +5,444,992
3 Municipal Employees' Retirement System of Michigan 12.00% of their portfolio LANSING, MI 35,861,65335.9m $1.0bn $1.0bn 12.00% Unchanged
4 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 17,884,42917.9m $516.9m $516.9m 0.04% Reduced -332.4k -332,408
5 MATHER GROUP, LLC. 3.13% of their portfolio CHICAGO, IL 10,729,15710.7m $310.1m $310.1m 3.13% Added +379.8k +379,765
6 Richard Bernstein Advisors LLC 6.62% of their portfolio NEW YORK, NY 8,024,0198.0m $232.1m $232.1m 6.62% Reduced -224.1k -224,145
7 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 7,160,2457.2m $206.9m $206.9m 0.05% Reduced -1.4m -1,384,148
8 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 5,960,6786.0m $172.3m $172.3m 0.05% Added +700.7k +700,724
9 GLOBALT Investments LLC / GA 5.90% of their portfolio Atlanta, GA 5,588,5815.6m $161.5m $161.5m 5.90% Reduced -98.5k -98,511
10 Merit Financial Group, LLC 1.43% of their portfolio ALPHARETTA, GA 5,380,5755.4m $155.5m $155.5m 1.43% Added +291.3k +291,256
11 CWM, LLC 0.46% of their portfolio OMAHA, NE 5,340,3975.3m $154.3m $154.3m 0.46% Added +783.2k +783,183
12 EVERMAY WEALTH MANAGEMENT LLC 14.76% of their portfolio ARLINGTON, VA 4,467,6044.5m $129.1m $129.1m 14.76% Added +523.5k +523,486
13 One Day In July LLC 10.67% of their portfolio BURLINGTON, VT 4,363,6864.4m $126.1m $126.1m 10.67% Added +655.5k +655,484
14 OSAIC HOLDINGS, INC. 0.14% of their portfolio SCOTTSDALE, AZ 3,500,7993.5m $101.2m $101.2m 0.14% Added +2.9m +2,852,112
15 Strategic Wealth Investment Group, LLC 8.10% of their portfolio LOUISVILLE, KY 3,332,0683.3m $96.3m $96.3m 8.10% Added +3.3m +3,252,821
16 STEPHENS GROUP ASSET MANAGEMENT, LLC 6.38% of their portfolio LITTLE ROCK, AR 3,274,2753.3m $94.6m $94.6m 6.38% Added +325.7k +325,705
17 Kingsview Wealth Management, LLC 1.33% of their portfolio GRANTS PASS, OR 3,016,5133.0m $87.2m $87.2m 1.33% Added +266.5k +266,485
18 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 2,836,6772.8m $82.0m $82.0m 0.02% Added +143.3k +143,335
19 CX Institutional 2.36% of their portfolio AUBURN, IN 2,687,0222.7m $77.7m $77.7m 2.36% Added +2.7m +2,667,815
20 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,677,6112.7m $77.4m $77.4m 0.00% Reduced -3.0m -3,046,884
21 ASSETMARK, INC 0.16% of their portfolio CONCORD, CA 2,635,9702.6m $76.2m $76.2m 0.16% Added +150.4k +150,394
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,243,4162.2m $64.8m $64.8m 0.00% Added +78.5k +78,548
23 Compton Financial Group, LLC 14.26% of their portfolio TOWSON, MD 2,048,5262.0m $59.2m $59.2m 14.26% Added +60.3k +60,286
24 Strategic Financial Concepts, LLC 8.60% of their portfolio SAN ANTONIO, TX 2,048,5262.0m $59.2m $59.2m 8.60% Added +60.3k +60,286
25 MANNING & NAPIER ADVISORS LLC 0.73% of their portfolio Fairport, NY 1,982,0082.0m $57.3m $57.3m 0.73% Added +148.9k +148,890
26 Carnegie Investment Counsel 0.97% of their portfolio PEPPER PIKE, OH 1,784,9091.8m $51.6m $51.6m 0.97% Added +184.4k +184,389
27 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 1,584,9091.6m $45.8m $45.8m 0.05% Added +157.5k +157,532
28 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,554,7991.6m $44.9m $44.9m 0.01% Added +37.9k +37,879
29 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 1,447,0301.4m $41.8m $41.8m 0.05% Added +106.0k +105,958
30 MERCER GLOBAL ADVISORS INC /ADV 0.07% of their portfolio DENVER, CO 1,423,7571.4m $41.1m $41.1m 0.07% New
31 O'Brien Wealth Partners LLC 5.56% of their portfolio Waltham, MA 1,419,6781.4m $41.0m $41.0m 5.56% Added +20.5k +20,482
32 VOISARD ASSET MANAGEMENT GROUP, INC. 9.38% of their portfolio Grand Rapids, MI 1,402,2861.4m $40.5m $40.5m 9.38% Added +126.7k +126,723
33 Black Diamond Financial, LLC 4.31% of their portfolio TOWSON, MD 1,331,3971.3m $38.5m $38.5m 4.31% Added +231.4k +231,422
34 Portland Global Advisors LLC 4.26% of their portfolio PORTLAND, ME 1,320,5211.3m $38.2m $38.2m 4.26% Added +45.8k +45,828
35 Gradient Investments LLC 0.59% of their portfolio ARDEN HILLS, MN 1,218,5601.2m $35.2m $35.2m 0.59% Added +64.8k +64,799
36 Equitable Holdings, Inc. 0.26% of their portfolio NEW YORK, NY 1,204,4401.2m $34.8m $34.8m 0.26% Reduced -46.8k -46,780
37 SENTINEL PENSION ADVISORS, LLC 5.55% of their portfolio WAKEFIELD, MA 1,201,5401.2m $34.7m $34.7m 5.55% Added +50.5k +50,525
38 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,045,7881.0m $30.2m $30.2m 0.01% Added +18.7k +18,698
39 Concord Wealth Partners 4.11% of their portfolio ABINGDON, VA 1,031,3791.0m $29.8m $29.8m 4.11% Added +71.9k +71,914
40 Concord Asset Management, LLC/VA 5.40% of their portfolio ABINGDON, VA 1,027,7271.0m $29.7m $29.7m 5.40% Added +68.3k +68,262
41 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 1,026,5281.0m $29.7m $29.7m 0.01% Reduced -11.0k -11,030
42 Wela Strategies, Inc. 11.22% of their portfolio ATLANTA, GA 1,023,9541.0m $29.6m $29.6m 11.22% Added +24.9k +24,895
43 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 1,023,8631.0m $29.6m $29.6m 0.03% Added +6.3k +6,291
44 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 970,808970.8k $28.1m $28.1m 0.04% Added +38.1k +38,057
45 GREAT VALLEY ADVISOR GROUP, INC. 0.55% of their portfolio WILMINGTON, DE 950,227950.2k $27.5m $27.5m 0.55% Added +50.6k +50,567
46 Stratos Wealth Advisors, LLC 1.30% of their portfolio BEACHWOOD, OH 935,426935.4k $27.0m $27.0m 1.30% Added +59.7k +59,700
47 Private Advisor Group, LLC 0.13% of their portfolio MORRISTOWN, NJ 914,661914.7k $26.4m $26.4m 0.13% Reduced -126.0k -126,032
48 NorthRock Partners, LLC 0.46% of their portfolio MINNEAPOLIS, MN 888,742888.7k $25.7m $25.7m 0.46% Added +878.9k +878,885
49 Leicht Financial Planning & Wealth Management, Inc. 11.21% of their portfolio PARSIPPANY, NJ 860,667860.7k $24.9m $24.9m 11.21% Reduced -9.1k -9,120
50 Flagstone Financial Management 6.10% of their portfolio LINCOLN, NE 799,735799.7k $23.1m $23.1m 6.10% Added +39.3k +39,345
51 Vestmark Advisory Solutions, Inc. 0.41% of their portfolio Wakefield, MA 752,025752.0k $21.7m $21.7m 0.41% Reduced -698.3k -698,293
52 BANK OF NOVA SCOTIA 0.04% of their portfolio TORONTO, A6 726,774726.8k $21.0m $21.0m 0.04% Added +343.0k +343,019
53 WOODMONT INVESTMENT COUNSEL LLC 1.37% of their portfolio NASHVILLE, TN 718,366718.4k $20.8m $20.8m 1.37% Added +88.3k +88,287
54 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 643,045643.0k $18.6m $18.6m 0.00% Reduced -628.2k -628,155
55 Astoria Portfolio Advisors LLC. 4.83% of their portfolio NEW YORK, NY 636,717636.7k $18.4m $18.4m 4.83% Added +217.0k +216,994
56 PARK AVENUE SECURITIES LLC 0.14% of their portfolio NEW YORK, NY 616,564616.6k $17.8m $17.8m 0.14% Added +264.5k +264,506
57 Collier Financial 12.97% of their portfolio DENVER, CO 596,731596.7k $17.2m $17.2m 12.97% First filing
58 Willow Creek Wealth Management Inc. 1.41% of their portfolio Sebastopol, CA 593,737593.7k $17.2m $17.2m 1.41% Added +16.3k +16,264
59 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 580,162580.2k $16.7m $16.7m 0.03% Added +55.3k +55,284
60 FLAGSHIP HARBOR ADVISORS, LLC 0.70% of their portfolio BOSTON, MA 560,021560.0k $16.2m $16.2m 0.70% Added +3.7k +3,709
61 3EDGE Asset Management, LP 0.89% of their portfolio Naples, FL 544,612544.6k $15.7m $15.7m 0.89% Added +569 +569
62 Hobbs Group Advisors, LLC 4.66% of their portfolio COLUMBIA, SC 518,414518.4k $15.0m $15.0m 4.66% Reduced -14.7k -14,727
63 Melone Private Wealth, LLC 6.77% of their portfolio AUBURN HILLS, MI 517,114517.1k $14.9m $14.9m 6.77% Reduced -361 -361
64 BRIDGE GENERATIONS WEALTH MANAGEMENT LLC 9.76% of their portfolio South Miami, FL 508,242508.2k $14.7m $14.7m 9.76% Added +164.0k +164,037
65 S. R. Schill & Associates 10.18% of their portfolio MERCER ISLAND, WA 501,449501.4k $14.5m $14.5m 10.18% Added +15.6k +15,574
66 INTEGRITY WEALTH ADVISORS, INC. 5.16% of their portfolio Ventura, CA 498,185498.2k $14.4m $14.4m 5.16% Added +237.6k +237,614
67 Arjuna Capital 3.57% of their portfolio MANCHESTER, MA 496,423496.4k $14.3m $14.3m 3.57% Added +23.1k +23,071
68 OneDigital Investment Advisors LLC 0.15% of their portfolio OVERLAND PARK, KS 494,053494.1k $14.3m $14.3m 0.15% Added +14.2k +14,194
69 Mariner, LLC 0.02% of their portfolio Overland Park, KS 493,596493.6k $14.3m $14.3m 0.02% Reduced -88.1k -88,088
70 TSFG, LLC 2.26% of their portfolio LAKE FOREST, IL 492,139492.1k $14.2m $14.2m 2.26% Added +65.7k +65,669
71 GM Advisory Group, LLC 0.60% of their portfolio MELVILLE, NY 491,008491.0k $14.2m $14.2m 0.60% Reduced -8.1k -8,106
72 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 484,484484.5k $14.0m $14.0m 0.02% Added +45.8k +45,840
73 LEVEL FOUR ADVISORY SERVICES, LLC 0.48% of their portfolio DALLAS, TX 480,328480.3k $13.9m $13.9m 0.48% Added +6.2k +6,178
74 Waterloo Capital, L.P. 0.98% of their portfolio AUSTIN, TX 453,988454.0k $13.1m $13.1m 0.98% Added +5.7k +5,682
75 Madison Asset Management, LLC 0.14% of their portfolio MADISON, WI 451,307451.3k $13.0m $13.0m 0.14% Added +56.0k +56,020
76 Certified Advisory Corp 1.22% of their portfolio ALTAMONTE SPRINGS, FL 443,493443.5k $12.8m $12.8m 1.22% Added +18.4k +18,437
77 Apriem Advisors 1.21% of their portfolio IRVINE, CA 441,440441.4k $12.8m $12.8m 1.21% Reduced -1.7k -1,704
78 Impact Partnership Wealth, LLC 1.89% of their portfolio MARIETTA, GA 440,017440.0k $12.7m $12.7m 1.89% Reduced -173.1k -173,094
79 Salomon & Ludwin, LLC 1.11% of their portfolio RICHMOND, VA 425,897425.9k $12.3m $12.3m 1.11% Added +5.5k +5,538
80 Tower Research Capital LLC (TRC) 0.33% of their portfolio NEW YORK, NY 409,534409.5k $11.8m $11.8m 0.33% Added +407.8k +407,834
81 Equita Financial Network, Inc. 3.80% of their portfolio FORT WASHINGTON, PA 388,941388.9k $11.2m $11.2m 3.80% Added +42.9k +42,869
82 Tilson Financial Group, Inc. 3.38% of their portfolio NEW PROVIDENCE, NJ 356,432356.4k $10.3m $10.3m 3.38% Added +9.8k +9,844
83 Beacon Pointe Advisors, LLC 0.09% of their portfolio NEWPORT BEACH, CA 354,087354.1k $10.2m $10.2m 0.09% New
84 Capasso Planning Partners LLC 6.35% of their portfolio CHARLESTON, SC 352,694352.7k $10.2m $10.2m 6.35% Added +20.6k +20,599
85 TPG Financial Advisors, LLC 3.77% of their portfolio PORTLAND, OR 350,292350.3k $10.1m $10.1m 3.77% Reduced -3.6k -3,583
86 Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio SEOUL, M5 335,000335.0k $9.7m $9.7m 0.03% Added +15.0k +15,000
87 Eldridge Investment Advisors, Inc. 2.20% of their portfolio MANCHESTER, NH 334,760334.8k $9.7m $9.7m 2.20% Added +43.2k +43,240
88 PSI Advisors, LLC 2.49% of their portfolio TAMPA, FL 333,936333.9k $9.7m $9.7m 2.49% Added +17.7k +17,693
89 MATAURO, LLC 1.51% of their portfolio NEW YORK, NY 328,204328.2k $9.5m $9.5m 1.51% Added +13.0k +12,967
90 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 316,569316.6k $9.1m $9.1m 0.00% Reduced -995.6k -995,567
91 Fourth Dimension Wealth, LLC 3.46% of their portfolio MIDDLEBURG HEIGHTS, OH 313,845313.8k $9.1m $9.1m 3.46% Added +22.7k +22,742
92 COMERICA BANK 0.03% of their portfolio DALLAS, TX 312,494312.5k $9.0m $9.0m 0.03% Added +2.5k +2,527
93 Higgins & Schmidt Wealth Strategies LLC 4.46% of their portfolio DENVER, CO 305,466305.5k $8.8m $8.8m 4.46% Added +20.0k +19,998
94 Synergy Investment Management, LLC 3.34% of their portfolio ALTAMONTE SPRINGS, FL 302,762302.8k $8.7m $8.7m 3.34% Added +7.3k +7,273
95 IFG Advisory, LLC 0.38% of their portfolio ATLANTA, GA 285,470285.5k $8.3m $8.3m 0.38% Added +3.8k +3,770
96 ABOUND FINANCIAL, LLC 3.13% of their portfolio GRANITE BAY, CA 270,426270.4k $7.8m $7.8m 3.13% Added +953 +953
97 BERKSHIRE ASSET MANAGEMENT LLC/PA 0.33% of their portfolio WILKES BARRE, PA 268,155268.2k $7.7m $7.7m 0.33% Reduced -1.6k -1,572
98 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 264,291264.3k $7.6m $7.6m 0.02% Reduced -11.2k -11,226
99 XML Financial, LLC 0.60% of their portfolio BETHESDA, MD 256,380256.4k $7.4m $7.4m 0.60% Added +14.9k +14,876
100 SIGNET FINANCIAL MANAGEMENT, LLC 0.84% of their portfolio PARSIPPANY, NJ 251,476251.5k $7.3m $7.3m 0.84% Added +30.4k +30,421