Vault-13

SPDR SER TR SPTI

PORTFLI INTRMDIT · ETP · CUSIP 78464A672

410 institutional holders +36 vs Q3 2025
303,257,564303.3m shares reported held*
$8.7bnreported value*
52 new 187 added 115 reduced 26 sold out net bought ≈ $230.9m (+8.0m 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 ($8.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.84.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 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: 374Q4 25: 410410Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025410

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 175 bought or addedQ1 24: 147 cut or sold outQ2 24: 149 bought or addedQ2 24: 160 cut or sold outQ2 24Q3 24: 189 bought or addedQ3 24: 127 cut or sold outQ4 24: 173 bought or addedQ4 24: 156 cut or sold outQ4 24Q1 25: 201 bought or addedQ1 25: 165 cut or sold outQ2 25: 217 bought or addedQ2 25: 158 cut or sold outQ2 25Q3 25: 219 bought or addedQ3 25: 155 cut or sold outQ4 25: 239 bought or addedQ4 25: 141 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024175147
Q2 2024149160
Q3 2024189127
Q4 2024173156
Q1 2025201165
Q2 2025217158
Q3 2025219155
Q4 2025239141

Biggest buyers

Financial Engines Advisors L.L.C. Added +3,010,875+3.0m
LPL Financial LLC Added +1,719,493+1.7m
AlphaQuest LLC Added +1,446,130+1.4m
Municipal Employees' Retirement System of Michigan Added +1,385,521+1.4m
KWB Wealth New +1,314,158+1.3m
Capital Investment Advisors, LLC Added +1,027,824+1.0m
CWM, LLC Added +948,731+948.7k
Envestnet Portfolio Solutions, Inc. Added +787,660+787.7k
MATHER GROUP, LLC. Added +587,744+587.7k
3EDGE Asset Management, LP Added +521,853+521.9k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -3,508,462-3.5m
Strategic Financial Concepts, LLC Sold out -2,048,526-2.0m
Strategic Wealth Investment Group, LLC Reduced -1,133,784-1.1m
MORGAN STANLEY Reduced -939,382-939.4k
Stratos Wealth Advisors, LLC Sold out -935,426-935.4k
Vestmark Advisory Solutions, Inc. Reduced -578,485-578.5k
Astoria Portfolio Advisors LLC. Reduced -495,837-495.8k
Tower Research Capital LLC (TRC) Sold out -409,534-409.5k
INTEGRITY WEALTH ADVISORS, INC. Reduced -355,218-355.2k
AMERIPRISE FINANCIAL INC Reduced -323,936-323.9k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.38% of their portfolio FORT MILL, SC 48,812,09948.8m $1.4bn $1.4bn 0.38% Added +1.7m +1,719,493
2 Financial Engines Advisors L.L.C. 2.41% of their portfolio SANTA CLARA, CA 44,094,27144.1m $1.3bn $1.3bn 2.41% Added +3.0m +3,010,875
3 Municipal Employees' Retirement System of Michigan 12.15% of their portfolio LANSING, MI 37,247,17437.2m $1.1bn $1.1bn 12.15% Added +1.4m +1,385,521
4 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 14,375,96714.4m $414.6m $414.6m 0.03% Reduced -3.5m -3,508,462
5 MATHER GROUP, LLC. 3.36% of their portfolio CHICAGO, IL 11,316,90111.3m $326.4m $326.4m 3.36% Added +587.7k +587,744
6 Richard Bernstein Advisors LLC 6.73% of their portfolio NEW YORK, NY 7,945,8757.9m $229.2m $229.2m 6.73% Reduced -78.1k -78,144
7 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 6,836,3096.8m $197.2m $197.2m 0.04% Reduced -323.9k -323,936
8 CWM, LLC 0.49% of their portfolio OMAHA, NE 6,289,1286.3m $181.4m $181.4m 0.49% Added +948.7k +948,731
9 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 6,153,5896.2m $177.5m $177.5m 0.05% Added +192.9k +192,911
10 Merit Financial Group, LLC 1.33% of their portfolio ALPHARETTA, GA 5,757,9065.8m $166.1m $166.1m 1.33% Added +377.3k +377,331
11 GLOBALT Investments LLC / GA 5.92% of their portfolio Atlanta, GA 5,621,7945.6m $162.1m $162.1m 5.92% Added +33.2k +33,213
12 One Day In July LLC 11.53% of their portfolio BURLINGTON, VT 4,865,3514.9m $140.3m $140.3m 11.53% Added +501.7k +501,665
13 EVERMAY WEALTH MANAGEMENT LLC 15.03% of their portfolio ARLINGTON, VA 4,645,6774.6m $134.0m $134.0m 15.03% Added +178.1k +178,073
14 OSAIC HOLDINGS, INC. 0.14% of their portfolio SCOTTSDALE, AZ 3,391,6813.4m $97.8m $97.8m 0.14% Reduced -109.1k -109,118
15 Kingsview Wealth Management, LLC 1.40% of their portfolio GRANTS PASS, OR 3,358,6443.4m $96.9m $96.9m 1.40% Added +342.1k +342,131
16 STEPHENS GROUP ASSET MANAGEMENT, LLC 6.30% of their portfolio LITTLE ROCK, AR 3,273,4683.3m $94.4m $94.4m 6.30% Reduced -807 -807
17 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 2,877,3712.9m $83.0m $83.0m 0.02% Added +40.7k +40,694
18 ASSETMARK, INC 0.17% of their portfolio CONCORD, CA 2,843,3352.8m $82.0m $82.0m 0.17% Added +207.4k +207,365
19 CX Institutional 2.37% of their portfolio AUBURN, IN 2,752,1212.8m $79.4m $79.4m 2.37% Added +65.1k +65,099
20 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,668,1792.7m $77.0m $77.0m 0.00% Reduced -9.4k -9,432
21 MANNING & NAPIER ADVISORS LLC 0.89% of their portfolio Fairport, NY 2,367,2562.4m $68.4m $68.4m 0.89% Added +385.2k +385,248
22 Compton Financial Group, LLC 14.78% of their portfolio TOWSON, MD 2,263,0832.3m $65.3m $65.3m 14.78% Added +214.6k +214,557
23 Strategic Wealth Investment Group, LLC 7.79% of their portfolio LOUISVILLE, KY 2,198,2842.2m $63.4m $63.4m 7.79% Reduced -1.1m -1,133,784
24 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 1,924,7461.9m $55.5m $55.5m 0.06% Added +339.8k +339,837
25 Carnegie Investment Counsel 0.96% of their portfolio PEPPER PIKE, OH 1,809,2341.8m $52.2m $52.2m 0.96% Added +24.3k +24,325
26 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,802,9531.8m $52.0m $52.0m 0.01% Added +248.2k +248,154
27 AlphaQuest LLC 2.70% of their portfolio New York, NY 1,670,7931.7m $48.2m $48.2m 2.70% Added +1.4m +1,446,130
28 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 1,525,8091.5m $44.0m $44.0m 0.05% Added +78.8k +78,779
29 VOISARD ASSET MANAGEMENT GROUP, INC. 9.34% of their portfolio Grand Rapids, MI 1,500,9001.5m $43.3m $43.3m 9.34% Added +98.6k +98,614
30 MERCER GLOBAL ADVISORS INC /ADV 0.06% of their portfolio DENVER, CO 1,458,2331.5m $42.1m $42.1m 0.06% Added +34.5k +34,476
31 O'Brien Wealth Partners LLC 5.53% of their portfolio Waltham, MA 1,450,5091.5m $41.8m $41.8m 5.53% Added +30.8k +30,831
32 Black Diamond Financial, LLC 4.31% of their portfolio TOWSON, MD 1,418,3761.4m $40.9m $40.9m 4.31% Added +87.0k +86,979
33 Portland Global Advisors LLC 4.23% of their portfolio PORTLAND, ME 1,367,8241.4m $39.4m $39.4m 4.23% Added +47.3k +47,303
34 KWB Wealth 3.59% of their portfolio REDLANDS, CA 1,314,1581.3m $37.9m $37.9m 3.59% New
35 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,304,0341.3m $37.6m $37.6m 0.00% Reduced -939.4k -939,382
36 Equitable Holdings, Inc. 0.25% of their portfolio NEW YORK, NY 1,278,3901.3m $36.9m $36.9m 0.25% Added +74.0k +73,950
37 Gradient Investments LLC 0.58% of their portfolio ARDEN HILLS, MN 1,274,8601.3m $36.8m $36.8m 0.58% Added +56.3k +56,300
38 NorthRock Partners, LLC 0.53% of their portfolio MINNEAPOLIS, MN 1,091,1311.1m $31.5m $31.5m 0.53% Added +202.4k +202,389
39 Concord Wealth Partners 4.02% of their portfolio ABINGDON, VA 1,072,7061.1m $30.9m $30.9m 4.02% Added +41.3k +41,327
40 3EDGE Asset Management, LP 1.60% of their portfolio Naples, FL 1,066,4651.1m $30.8m $30.8m 1.60% Added +521.9k +521,853
41 Concord Asset Management, LLC/VA 5.31% of their portfolio ABINGDON, VA 1,063,6051.1m $30.7m $30.7m 5.31% Added +35.9k +35,878
42 Capital Investment Advisors, LLC 0.46% of their portfolio ATLANTA, GA 1,037,8801.0m $29.9m $29.9m 0.46% Added +1.0m +1,027,824
43 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 1,031,2521.0m $29.7m $29.7m 0.01% Added +4.7k +4,724
44 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 1,023,8571.0m $29.5m $29.5m 0.03% Reduced -6 -6
45 BANK OF NOVA SCOTIA 0.04% of their portfolio TORONTO, A6 1,019,1701.0m $29.4m $29.4m 0.04% Added +292.4k +292,396
46 GREAT VALLEY ADVISOR GROUP, INC. 0.56% of their portfolio WILMINGTON, DE 1,001,7011.0m $28.9m $28.9m 0.56% Added +51.5k +51,474
47 Private Advisor Group, LLC 0.13% of their portfolio MORRISTOWN, NJ 950,203950.2k $27.4m $27.4m 0.13% Added +35.5k +35,542
48 Leicht Financial Planning & Wealth Management, Inc. 12.12% of their portfolio PARSIPPANY, NJ 940,048940.0k $27.1m $27.1m 12.12% Added +79.4k +79,381
49 SENTINEL PENSION ADVISORS, LLC 4.02% of their portfolio WAKEFIELD, MA 907,726907.7k $26.2m $26.2m 4.02% Reduced -293.8k -293,814
50 Envestnet Portfolio Solutions, Inc. 0.08% of their portfolio BERWYN, PA 835,570835.6k $24.1m $24.1m 0.08% Added +787.7k +787,660
51 Flagstone Financial Management 6.08% of their portfolio LINCOLN, NE 822,162822.2k $23.7m $23.7m 6.08% Added +22.4k +22,427
52 Impact Partnership Wealth, LLC 3.01% of their portfolio MARIETTA, GA 814,416814.4k $23.5m $23.5m 3.01% Added +374.4k +374,399
53 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 806,100806.1k $23.2m $23.2m 0.01% Reduced -239.7k -239,688
54 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 712,339712.3k $20.5m $20.5m 0.03% Reduced -258.5k -258,469
55 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 711,186711.2k $20.5m $20.5m 0.03% Added +131.0k +131,024
56 Collier Financial 13.88% of their portfolio DENVER, CO 640,911640.9k $18.5m $18.5m 13.88% Added +44.2k +44,180
57 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 616,646616.6k $17.8m $17.8m 0.00% Reduced -26.4k -26,399
58 PARK AVENUE SECURITIES LLC 0.15% of their portfolio NEW YORK, NY 602,287602.3k $17.4m $17.4m 0.15% Reduced -14.3k -14,277
59 BRIDGE GENERATIONS WEALTH MANAGEMENT LLC 10.69% of their portfolio South Miami, FL 598,595598.6k $17.3m $17.3m 10.69% Added +90.4k +90,353
60 FLAGSHIP HARBOR ADVISORS, LLC 0.80% of their portfolio BOSTON, MA 588,379588.4k $17.0m $17.0m 0.80% Added +28.4k +28,358
61 Mariner, LLC 0.02% of their portfolio Overland Park, KS 537,610537.6k $15.5m $15.5m 0.02% Added +44.0k +44,014
62 WOODMONT INVESTMENT COUNSEL LLC 0.96% of their portfolio NASHVILLE, TN 528,985529.0k $15.3m $15.3m 0.96% Reduced -189.4k -189,381
63 OneDigital Investment Advisors LLC 0.15% of their portfolio OVERLAND PARK, KS 520,300520.3k $15.0m $15.0m 0.15% Added +26.2k +26,247
64 HighPoint Advisor Group LLC 0.33% of their portfolio DOWNERS GROVE, IL 513,185513.2k $14.8m $14.8m 0.33% New
65 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 511,714511.7k $14.8m $14.8m 0.02% Added +27.2k +27,230
66 S. R. Schill & Associates 10.24% of their portfolio MERCER ISLAND, WA 503,002503.0k $14.5m $14.5m 10.24% Added +1.6k +1,553
67 Melone Private Wealth, LLC 6.13% of their portfolio AUBURN HILLS, MI 501,392501.4k $14.5m $14.5m 6.13% Reduced -15.7k -15,722
68 LEVEL FOUR ADVISORY SERVICES, LLC 0.46% of their portfolio DALLAS, TX 482,652482.7k $13.9m $13.9m 0.46% Added +2.3k +2,324
69 Arjuna Capital 3.32% of their portfolio MANCHESTER, MA 469,413469.4k $13.5m $13.5m 3.32% Reduced -27.0k -27,010
70 TSFG, LLC 2.01% of their portfolio LAKE FOREST, IL 465,570465.6k $13.4m $13.4m 2.01% Reduced -26.6k -26,569
71 BlackRock, Inc. 0.00% of their portfolio New York, NY 464,355464.4k $13.4m $13.4m 0.00% Added +339.8k +339,840
72 Salomon & Ludwin, LLC 1.18% of their portfolio RICHMOND, VA 461,884461.9k $13.3m $13.3m 1.18% Added +36.0k +35,987
73 Hobbs Group Advisors, LLC 4.02% of their portfolio COLUMBIA, SC 461,379461.4k $13.3m $13.3m 4.02% Reduced -57.0k -57,035
74 GM Advisory Group, LLC 0.52% of their portfolio MELVILLE, NY 461,236461.2k $13.3m $13.3m 0.52% Reduced -29.8k -29,772
75 Certified Advisory Corp 1.19% of their portfolio ALTAMONTE SPRINGS, FL 454,605454.6k $13.1m $13.1m 1.19% Added +11.1k +11,112
76 Madison Asset Management, LLC 0.15% of their portfolio MADISON, WI 454,171454.2k $13.1m $13.1m 0.15% Added +2.9k +2,864
77 Equita Financial Network, Inc. 3.87% of their portfolio FORT WASHINGTON, PA 445,153445.2k $12.8m $12.8m 3.87% Added +56.2k +56,212
78 Apriem Advisors 1.16% of their portfolio IRVINE, CA 437,881437.9k $12.6m $12.6m 1.16% Reduced -3.6k -3,559
79 Eldridge Investment Advisors, Inc. 2.66% of their portfolio MANCHESTER, NH 418,460418.5k $12.1m $12.1m 2.66% Added +83.7k +83,700
80 AE Wealth Management LLC 0.07% of their portfolio TOPEKA, KS 403,133403.1k $11.6m $11.6m 0.07% Added +361.4k +361,355
81 Capasso Planning Partners LLC 6.17% of their portfolio CHARLESTON, SC 389,389389.4k $11.2m $11.2m 6.17% Added +36.7k +36,695
82 Beacon Pointe Advisors, LLC 0.08% of their portfolio NEWPORT BEACH, CA 377,726377.7k $10.9m $10.9m 0.08% Added +23.6k +23,639
83 Tilson Financial Group, Inc. 3.34% of their portfolio NEW PROVIDENCE, NJ 375,897375.9k $10.8m $10.8m 3.34% Added +19.5k +19,465
84 Evergreen Wealth Partners LLC 8.84% of their portfolio KALISPELL, MT 363,904363.9k $10.5m $10.5m 8.84% First filing
85 Waterloo Capital, L.P. 0.75% of their portfolio AUSTIN, TX 360,183360.2k $10.4m $10.4m 0.75% Reduced -93.8k -93,805
86 Integrated Wealth Concepts LLC 0.12% of their portfolio WALTHAM, MA 357,036357.0k $10.3m $10.3m 0.12% Added +127.0k +127,026
87 PSI Advisors, LLC 2.58% of their portfolio TAMPA, FL 355,489355.5k $10.3m $10.3m 2.58% Added +21.6k +21,553
88 TPG Financial Advisors, LLC 3.33% of their portfolio PORTLAND, OR 345,509345.5k $10.0m $10.0m 3.33% Reduced -4.8k -4,783
89 MATAURO, LLC 1.43% of their portfolio NEW YORK, NY 330,010330.0k $9.5m $9.5m 1.43% Added +1.8k +1,806
90 Higgins & Schmidt Wealth Strategies LLC 4.42% of their portfolio DENVER, CO 323,787323.8k $9.3m $9.3m 4.42% Added +18.3k +18,321
91 Appalachian Capital Management Ltd 7.46% of their portfolio ST CLAIRSVILLE, OH 322,765322.8k $9.3m $9.3m 7.46% First filing
92 Fourth Dimension Wealth, LLC 3.36% of their portfolio MIDDLEBURG HEIGHTS, OH 319,091319.1k $9.2m $9.2m 3.36% Added +5.2k +5,246
93 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 316,569316.6k $9.1m $9.1m 0.00% Unchanged
94 COMERICA BANK 0.03% of their portfolio DALLAS, TX 302,860302.9k $8.7m $8.7m 0.03% Reduced -9.6k -9,634
95 IFG Advisory, LLC 0.38% of their portfolio ATLANTA, GA 301,794301.8k $8.7m $8.7m 0.38% Added +16.3k +16,324
96 Synergy Investment Management, LLC 3.03% of their portfolio ALTAMONTE SPRINGS, FL 296,450296.4k $8.5m $8.5m 3.03% Reduced -6.3k -6,312
97 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 295,949295.9k $8.5m $8.5m 0.02% Added +64.3k +64,318
98 Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio SEOUL, M5 289,000289.0k $8.3m $8.3m 0.02% Reduced -46.0k -46,000
99 ABOUND FINANCIAL, LLC 3.21% of their portfolio GRANITE BAY, CA 287,620287.6k $8.3m $8.3m 3.21% Added +17.2k +17,194
100 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 267,783267.8k $7.7m $7.7m 0.02% Added +3.5k +3,492