Vault-13

SPDR SER TR KRE

S&P REGL BKG · ETP · CUSIP 78464A698

446 institutional holders +3 vs Q3 2022
53,891,06353.9m shares reported held*
$3.2bnreported value*
56 new 113 added 168 reduced 56 sold out net sold ≈ $199.5m (-3.5m 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 ($3.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $59.17. Options: 33 managers hold calls ($1.0bn notional), 37 hold puts ($3.2bn).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 443Q4 22: 446446Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022443
Q4 2022446

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bn$4bnQ3 22 calls: $1.0bnQ3 22 puts: $2.6bnQ3 22P/C 2.50Q4 22 calls: $1.0bnQ4 22 puts: $3.2bnQ4 22P/C 3.13
Numbers
QuarterCallsPutsP/C
Q3 2022$1.0bn$2.6bn2.50
Q4 2022$1.0bn$3.2bn3.13

Biggest buyers

HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Added +2,050,000+2.0m
CITIGROUP INC Added +1,798,334+1.8m
UBS Group AG Added +1,705,930+1.7m
TWO SIGMA INVESTMENTS, LP New +1,184,000+1.2m
BANK OF NOVA SCOTIA Added +1,009,970+1.0m
WELLS FARGO & COMPANY/MN Added +533,676+533.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +402,832+402.8k
CANADA PENSION PLAN INVESTMENT BOARD New +400,000+400.0k
New Harbor Financial Group, LLC New +324,003+324.0k
TWO SIGMA ADVISERS, LP New +311,100+311.1k

Biggest sellers

BESSEMER GROUP INC Reduced -3,632,950-3.6m
MORGAN STANLEY Reduced -2,824,168-2.8m
BANK OF AMERICA CORP /DE/ Reduced -1,574,142-1.6m
JPMORGAN CHASE & CO Reduced -1,317,721-1.3m
Phoenix Financial Ltd. Reduced -1,159,703-1.2m
BNP PARIBAS FINANCIAL MARKETS Reduced -833,964-834.0k
SIMPLEX TRADING, LLC Sold out -526,601-526.6k
Azora Capital LP Sold out -453,375-453.4k
MEITAV INVESTMENT HOUSE LTD Reduced -410,525-410.5k
TORONTO DOMINION BANK Reduced -308,257-308.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $191.1m3.3m shares
CITADEL ADVISORS LLC Added $163.5m2.8m shares
BARCLAYS PLC First filing $162.4m2.8m shares
MILLENNIUM MANAGEMENT LLC Added $128.0m2.2m shares
UBS Group AG Reduced $99.9m1.7m shares
GOLDMAN SACHS GROUP INC Added $40.0m680.3k shares
Balyasny Asset Management L.P. Added $35.3m600.0k shares
Parallax Volatility Advisers, L.P. Reduced $27.4m465.9k shares
MARSHALL WACE, LLP Reduced $23.0m391.6k shares
CITIGROUP INC Added $21.0m357.9k shares

Biggest puts

MILLENNIUM MANAGEMENT LLC Added $609.9m10.4m shares
BARCLAYS PLC First filing $370.7m6.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $351.7m6.0m shares
BANK OF AMERICA CORP /DE/ Added $329.6m5.6m shares
UBS Group AG Added $223.8m3.8m shares
BlackRock Inc. New $205.5m3.5m shares
ROYAL BANK OF CANADA Added $182.2m3.1m shares
Parallax Volatility Advisers, L.P. Added $171.9m2.9m shares
CITADEL ADVISORS LLC Reduced $166.2m2.8m shares
GOLDMAN SACHS GROUP INC Added $118.6m2.0m 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, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 7,777,2807.8m $456.8m $456.8m 0.05% Reduced -2.8m -2,824,168
2 GOLDMAN SACHS GROUP INC 0.10% of their portfolio NEW YORK, NY 5,728,5305.7m $336.5m $336.5m 0.10% Added +67.0k +67,020
3 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 1.62% of their portfolio TORONTO, A6 5,450,0005.5m $320.1m $320.1m 1.62% Added +2.0m +2,050,000
4 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 4,705,4274.7m $276.4m $276.4m 0.03% Reduced -1.6m -1,574,142
5 CITIGROUP INC 0.31% of their portfolio NEW YORK, NY 3,740,1073.7m $219.7m $219.7m 0.31% Added +1.8m +1,798,334
6 UBS Group AG 0.10% of their portfolio ZURICH, V8 3,420,7463.4m $200.9m $200.9m 0.10% Added +1.7m +1,705,930
7 BARCLAYS PLC 0.09% of their portfolio LONDON, X0 1,795,6621.8m $105.5m $105.5m 0.09% First filing
8 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 1,539,8841.5m $90.5m $90.5m 0.03% Added +533.7k +533,676
9 TWO SIGMA INVESTMENTS, LP 0.22% of their portfolio NEW YORK, NY 1,184,0001.2m $69.5m $69.5m 0.22% New
10 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,039,9311.0m $61.1m $61.1m 0.01% Reduced -1.3m -1,317,721
11 BANK OF NOVA SCOTIA 0.15% of their portfolio TORONTO, A6 1,017,8001.0m $59.8m $59.8m 0.15% Added +1.0m +1,009,970
12 MARSHALL WACE, LLP 0.14% of their portfolio LONDON, X0 932,977933.0k $54.8m $54.8m 0.14% Added +283.3k +283,323
13 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 876,184876.2k $51.5m $51.5m 0.04% Reduced -45.5k -45,470
14 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.07% of their portfolio BALA CYNWYD, PA 589,613589.6k $34.6m $34.6m 0.07% Added +402.8k +402,832
15 CREDIT SUISSE AG/ 0.03% of their portfolio ZURICH, V8 547,325547.3k $32.1m $32.1m 0.03% Added +179.4k +179,400
16 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 448,523448.5k $26.3m $26.3m 0.01% Added +219.5k +219,475
17 TORONTO DOMINION BANK 0.04% of their portfolio TORONTO, ONTARIO, A6 438,054438.1k $25.7m $25.7m 0.04% Reduced -308.3k -308,257
18 Walleye Trading LLC 0.64% of their portfolio NEW YORK, NY 433,176433.2k $25.4m $25.4m 0.64% Added +188.2k +188,180
19 Sculptor Capital LP 0.47% of their portfolio New York, NY 433,143433.1k $25.4m $25.4m 0.47% Unchanged
20 CAPTRUST FINANCIAL ADVISORS 0.13% of their portfolio RALEIGH, NC 429,291429.3k $25.2m $25.2m 0.13% Reduced -86.1k -86,136
21 CANADA PENSION PLAN INVESTMENT BOARD 0.04% of their portfolio TORONTO ONTARIO, A6 400,000400.0k $23.5m $23.5m 0.04% New
22 BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio PARIS, I0 378,224378.2k $22.2m $22.2m 0.06% Reduced -834.0k -833,964
23 MML INVESTORS SERVICES, LLC 0.14% of their portfolio SPRINGFIELD, MA 363,148363.1k $21.3m $21.3m 0.14% Added +37.6k +37,619
24 Twin Tree Management, LP 0.59% of their portfolio DALLAS, TX 328,068328.1k $19.3m $19.3m 0.59% Added +97.6k +97,594
25 New Harbor Financial Group, LLC 8.81% of their portfolio WORCESTER, MA 324,003324.0k $19.0m $19.0m 8.81% New
26 TWO SIGMA ADVISERS, LP 0.05% of their portfolio NEW YORK, NY 311,100311.1k $18.3m $18.3m 0.05% New
27 CAPITAL FUND MANAGEMENT S.A. 0.36% of their portfolio PARIS, I0 278,344278.3k $16.3m $16.3m 0.36% New
28 CASTLEARK MANAGEMENT LLC 0.79% of their portfolio CHICAGO, IL 257,740257.7k $15.1m $15.1m 0.79% New
29 TOCQUEVILLE ASSET MANAGEMENT L.P. 0.28% of their portfolio New York, NY 249,494249.5k $14.7m $14.7m 0.28% Reduced -15.1k -15,060
30 Goodman Financial Corp 4.34% of their portfolio HOUSTON, TX 234,042234.0k $13.7m $13.7m 4.34% Added +2.0k +2,014
31 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 216,693216.7k $12.7m $12.7m 0.02% Added +13.2k +13,216
32 HUNTINGTON NATIONAL BANK 0.13% of their portfolio COLUMBUS, OH 212,238212.2k $12.5m $12.5m 0.13% Added +21.8k +21,799
33 Curi Capital, LLC 0.44% of their portfolio CHICAGO, IL 209,618209.6k $12.3m $12.3m 0.44% Added +23.6k +23,602
34 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.57% of their portfolio BOSTON, MA 200,887200.9k $11.8m $11.8m 0.57% Added +1.4k +1,399
35 CAPSTONE INVESTMENT ADVISORS, LLC 0.29% of their portfolio NEW YORK, NY 187,499187.5k $11.0m $11.0m 0.29% Added +126.3k +126,271
36 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 181,022181.0k $10.6m $10.6m 0.01% Reduced -678 -678
37 NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio MONTREAL, A8 178,940178.9k $10.5m $10.5m 0.03% Added +25.5k +25,482
38 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 177,429177.4k $10.4m $10.4m 0.01% Reduced -96.2k -96,168
39 Laurel Wealth Advisors, Inc. 0.94% of their portfolio SOLANA BEACH, CA 162,706162.7k $9.6m $9.6m 0.94% Reduced -4.6k -4,630
40 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 151,833151.8k $8.9m $8.9m 0.02% Added +15.4k +15,425
41 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 144,721144.7k $8.5m $8.5m 0.02% Reduced -19.4k -19,408
42 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 137,940137.9k $8.2m $8.2m 0.00% Reduced -74.9k -74,909
43 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 133,156133.2k $7.8m $7.8m 0.01% Reduced -228.0k -227,979
44 Atom Investors LP 3.82% of their portfolio AUSTIN, TX 130,141130.1k $7.6m $7.6m 3.82% Added +49.6k +49,613
45 ANDERSON HOAGLAND & CO 0.99% of their portfolio ST LOUIS, MO 117,082117.1k $6.8m $6.8m 0.99% Added +8.4k +8,377
46 Chicago Wealth Management, Inc. 5.55% of their portfolio CHICAGO, IL 109,691109.7k $6.4m $6.4m 5.55% Reduced -14.3k -14,272
47 Cavalier Investments, LLC 2.25% of their portfolio ALPHARETTA, GA 106,509106.5k $6.3m $6.3m 2.25% Reduced -5.5k -5,542
48 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 106,004106.0k $6.9m $6.9m 0.00% Added +97.0k +97,033
49 Carlson Capital, L.P. 0.47% of their portfolio DALLAS, TX 103,800103.8k $6.1m $6.1m 0.47% New
50 MBB PUBLIC MARKETS I LLC 0.16% of their portfolio CHICAGO, IL 99,40999.4k $5.8m $5.8m 0.16% Added +89.5k +89,517
51 SG Americas Securities, LLC 0.08% of their portfolio NEW YORK, NY 96,36996.4k $5.7m $5.7m 0.08% Reduced -172.4k -172,444
52 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 89,91189.9k $5.3m $5.3m 0.03% Reduced -35.6k -35,575
53 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 88,34288.3k $5.2m $5.2m 0.01% Added +74.5k +74,500
54 Grassi Investment Management 0.68% of their portfolio SANTA CLARA, CA 85,73585.7k $5.0m $5.0m 0.68% Reduced -25.7k -25,735
55 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 83,86283.9k $4.9m $4.9m 0.01% Added +3.9k +3,862
56 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 82,37982.4k $4.8m $4.8m 0.02% Added +1.7k +1,660
57 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 82,21282.2k $4.8m $4.8m 0.00% Added +13.9k +13,926
58 BRANT POINT INVESTMENT MANAGEMENT LLC 1.34% of their portfolio New York, NY 80,22680.2k $4.7m $4.7m 1.34% Reduced -2.7k -2,674
59 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 74,18974.2k $4.4m $4.4m 0.01% New
60 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 71,93071.9k $4.2m $4.2m 0.01% Reduced -1.4k -1,375
61 Cetera Advisors LLC 0.08% of their portfolio DENVER, CO 71,77971.8k $4.2m $4.2m 0.08% Added +2.5k +2,517
62 Vectors Research Management, LLC 1.08% of their portfolio New York, NY 70,96071.0k $4.2m $4.2m 1.08% Added +15.4k +15,414
63 Brookfield Corp /ON/ 0.02% of their portfolio TORONTO, A6 67,85267.9k $4.0m $4.0m 0.02% Reduced -30.1k -30,140
64 Intrepid Financial Planning Group LLC 2.12% of their portfolio CARMEL, IN 66,56466.6k $3.9m $3.9m 2.12% Reduced -4.7k -4,748
65 SUMMIT SECURITIES GROUP LLC 0.79% of their portfolio NEW YORK, NY 66,10066.1k $3.9m $3.9m 0.79% Added +65.4k +65,400
66 Silphium Asset Management Ltd 3.82% of their portfolio London, X0 65,00065.0k $3.8m $3.8m 3.82% Unchanged
67 MONTAG A & ASSOCIATES INC 0.25% of their portfolio ATLANTA, GA 63,73463.7k $3.7m $3.7m 0.25% Reduced -1.9k -1,878
68 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 61,98362.0k $3.6m $3.6m 0.00% Added +30.2k +30,236
69 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 59,79259.8k $3.5m $3.5m 0.00% Added +10.4k +10,426
70 HNP Capital LLC 0.98% of their portfolio ROCHESTER, NY 59,75359.8k $3.5m $3.5m 0.98% Added +6.6k +6,575
71 Consolidated Investment Group LLC 0.70% of their portfolio ENGLEWOOD, CO 55,70055.7k $3.3m $3.3m 0.70% Unchanged
72 Game Plan Financial Advisors, LLC 2.67% of their portfolio WESTLAKE, OH 55,22555.2k $3.2m $3.2m 2.67% Reduced -3.3k -3,300
73 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.05% of their portfolio Madrid, U3 54,97955.0k $3.2m $3.2m 0.05% Added +46.4k +46,369
74 EP Wealth Advisors, LLC 0.06% of their portfolio TORRANCE, CA 52,08352.1k $3.1m $3.1m 0.06% New
75 NBT BANK, N.A. 0.44% of their portfolio NORWICH, NY 51,74451.7k $3.0m $3.0m 0.44% Reduced -1.9k -1,869
76 THEORY FINANCIAL LLC 2.00% of their portfolio FORT COLLINS, CO 51,44051.4k $3.0m $3.0m 2.00% First filing
77 Phoenix Financial Ltd. 0.06% of their portfolio Givatayim, L3 50,61450.6k $3.0m $3.0m 0.06% Reduced -1.2m -1,159,703
78 SYNOVUS FINANCIAL CORP 0.03% of their portfolio Columbus, GA 49,89049.9k $2.9m $2.9m 0.03% Added +9.3k +9,287
79 Paloma Partners Management Co 0.63% of their portfolio GREENWICH, CT 49,15249.2k $2.9m $2.9m 0.63% New
80 UMB Bank, n.a. 0.04% of their portfolio Kansas City, MO 47,25447.3k $2.8m $2.8m 0.04% Reduced -31.6k -31,647
81 Kentucky Farm Bureau Mutual Insurance Co 0.83% of their portfolio LOUISVILLE, KY 45,00045.0k $2.6m $2.6m 0.83% Unchanged
82 CW Advisors, LLC 0.07% of their portfolio BOSTON, MA 44,91444.9k $2.6m $2.6m 0.07% Reduced -2.7k -2,723
83 CONGRESS ASSET MANAGEMENT CO 0.03% of their portfolio BOSTON, MA 44,88944.9k $2.6m $2.6m 0.03% Reduced -2.5k -2,530
84 Yarbrough Capital, LLC 0.20% of their portfolio FRANKLIN, TN 43,36343.4k $2.5m $2.5m 0.20% Unchanged
85 Parallax Volatility Advisers, L.P. 0.07% of their portfolio San Francisco, CA 43,33143.3k $2.5m $2.5m 0.07% Added +29.0k +29,012
86 TrinityPoint Wealth, LLC 0.57% of their portfolio MILFORD, CT 42,49742.5k $2.5m $2.5m 0.57% Reduced -632 -632
87 MEITAV INVESTMENT HOUSE LTD 0.04% of their portfolio BENE-BERAQ, L3 41,36541.4k $2.4m $2.4m 0.04% Reduced -410.5k -410,525
88 GAMCO INVESTORS, INC. ET AL 0.03% of their portfolio GREENWICH, CT 40,00040.0k $2.3m $2.3m 0.03% Reduced -5.0k -5,000
89 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 39,71939.7k $2.3m $2.3m 0.00% Reduced -5.1k -5,054
90 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 39,57339.6k $2.3m $2.3m 0.01% Reduced -7.7k -7,732
91 J.P. Morgan Private Wealth Advisors LLC 0.01% of their portfolio SAN FRANCISCO, CA 39,42539.4k $2.3m $2.3m 0.01% Reduced -1.0k -1,001
92 Joseph P. Lucia & Associates, LLC 1.73% of their portfolio Yorktown Heights, NY 39,22739.2k $2.3m $2.3m 1.73% Reduced -3.5k -3,516
93 Sandy Spring Bank 0.13% of their portfolio Olney, MD 38,06538.1k $2.2m $2.2m 0.13% Added +258 +258
94 M&T Bank Corp 0.01% of their portfolio BUFFALO, NY 36,12536.1k $2.1m $2.1m 0.01% Reduced -3.6k -3,593
95 Providence First Trust Co 1.24% of their portfolio SCOTTSDALE, AZ 36,00336.0k $2.1m $2.1m 1.24% Reduced -50 -50
96 Long Run Wealth Advisors, LLC 0.75% of their portfolio Lake Placid, NY 35,54935.5k $2.1m $2.1m 0.75% Added +638 +638
97 BOOTHBAY FUND MANAGEMENT, LLC 0.06% of their portfolio NEW YORK, NY 35,20035.2k $2.1m $2.1m 0.06% New
98 OPPENHEIMER & CO INC 0.05% of their portfolio NEW YORK, NY 35,18735.2k $2.1m $2.1m 0.05% Reduced -11.0k -11,048
99 EJF Capital LP 0.64% of their portfolio Arlington, VA 34,96935.0k $2.1m $2.1m 0.64% New
100 Financial Partners Group, Inc 0.46% of their portfolio Overland Park, KS 33,02233.0k $2.1m $2.1m 0.46% Reduced -30.2k -30,218