Vault-13

SPDR SER TR KRE

S&P REGL BKG · ETP · CUSIP 78464A698

459 institutional holders +21 vs Q2 2024
71,495,78771.5m shares reported held*
$4.0bnreported value*
85 new 111 added 155 reduced 62 sold out net sold ≈ $665.3m (-11.8m 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 ($2.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $56.60. Options: 43 managers hold calls ($2.3bn notional), 51 hold puts ($4.3bn).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 443Q4 22: 446Q1 23: 488Q2 23: 480Q3 23: 452Q4 23: 527Q1 24: 470Q2 24: 438Q3 24: 459459Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022443
Q4 2022446
Q1 2023488
Q2 2023480
Q3 2023452
Q4 2023527
Q1 2024470
Q2 2024438
Q3 2024459

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 169 bought or addedQ4 22: 224 cut or sold outQ1 23: 304 bought or addedQ1 23: 205 cut or sold outQ1 23Q2 23: 266 bought or addedQ2 23: 252 cut or sold outQ3 23: 187 bought or addedQ3 23: 265 cut or sold outQ3 23Q4 23: 269 bought or addedQ4 23: 224 cut or sold outQ1 24: 196 bought or addedQ1 24: 302 cut or sold outQ1 24Q2 24: 178 bought or addedQ2 24: 239 cut or sold outQ3 24: 196 bought or addedQ3 24: 217 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022169224
Q1 2023304205
Q2 2023266252
Q3 2023187265
Q4 2023269224
Q1 2024196302
Q2 2024178239
Q3 2024196217

Calls vs puts

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

CallsPuts
$0$2bn$4bn$6bnQ4 23 calls: $1.9bnQ4 23 puts: $3.6bnQ4 23P/C 1.91Q1 24 calls: $1.8bnQ1 24 puts: $3.8bnQ1 24P/C 2.07Q2 24 calls: $1.6bnQ2 24 puts: $3.5bnQ2 24P/C 2.13Q3 24 calls: $2.3bnQ3 24 puts: $4.3bnQ3 24P/C 1.89
Numbers
QuarterCallsPutsP/C
Q4 2023$1.9bn$3.6bn1.91
Q1 2024$1.8bn$3.8bn2.07
Q2 2024$1.6bn$3.5bn2.13
Q3 2024$2.3bn$4.3bn1.89

Biggest buyers

Duquesne Family Office LLC New +2,053,323+2.1m
MORGAN STANLEY Added +1,752,990+1.8m
Parallax Volatility Advisers, L.P. Added +1,195,006+1.2m
Invesco Ltd. New +1,144,500+1.1m
MOORE CAPITAL MANAGEMENT, LP New +950,000+950.0k
CITADEL ADVISORS LLC New +948,461+948.5k
Harel Insurance Investments & Financial Services Ltd. New +757,000+757.0k
Ensign Peak Advisors, Inc Added +747,434+747.4k
MARSHALL WACE, LLP Added +661,807+661.8k
Horizon Investments, LLC New +616,216+616.2k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -2,738,041-2.7m
BNP PARIBAS FINANCIAL MARKETS Reduced -2,703,148-2.7m
JPMORGAN CHASE & CO Reduced -2,578,014-2.6m
Main Management ETF Advisors, LLC Sold out -2,538,750-2.5m
JANE STREET GROUP, LLC Reduced -2,497,725-2.5m
CITIGROUP INC Reduced -2,259,360-2.3m
TWO SIGMA ADVISERS, LP Sold out -1,525,100-1.5m
BARCLAYS PLC Reduced -930,513-930.5k
WELLINGTON MANAGEMENT GROUP LLP Reduced -856,451-856.5k
Twin Tree Management, LP Reduced -765,008-765.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $592.2m10.5m shares
CITADEL ADVISORS LLC Added $253.2m4.5m shares
Rokos Capital Management LLP New $131.8m2.3m shares
BANK OF AMERICA CORP /DE/ Added $124.1m2.2m shares
NWI MANAGEMENT LP New $113.2m2.0m shares
BNP PARIBAS FINANCIAL MARKETS Added $109.8m19.4k shares
JANE STREET GROUP, LLC New $93.2m1.6m shares
NOMURA HOLDINGS INC Added $91.7m1.6m shares
Parallax Volatility Advisers, L.P. Reduced $85.3m1.5m shares
UBS Group AG Reduced $77.8m1.4m shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $806.9m14.3m shares
JANE STREET GROUP, LLC New $489.1m8.6m shares
Parallax Volatility Advisers, L.P. Reduced $419.3m7.4m shares
UBS Group AG Added $249.5m4.4m shares
MILLENNIUM MANAGEMENT LLC Reduced $235.1m4.2m shares
Balyasny Asset Management L.P. Added $220.8m3.9m shares
BNP PARIBAS FINANCIAL MARKETS Added $212.7m37.6k shares
CITADEL ADVISORS LLC Reduced $197.0m3.5m shares
BANK OF AMERICA CORP /DE/ Reduced $191.8m3.4m shares
TUDOR INVESTMENT CORP ET AL Added $160.0m2.8m 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 8,832,0648.8m $499.9m $499.9m 0.04% Added +1.8m +1,752,990
2 GOLDMAN SACHS GROUP INC 0.07% of their portfolio NEW YORK, NY 6,854,9556.9m $388.0m $388.0m 0.07% Reduced -295.3k -295,330
3 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.82% of their portfolio TORONTO, A6 5,950,0006.0m $336.8m $336.8m 0.82% Reduced -750.0k -750,000
4 UBS Group AG 0.06% of their portfolio ZURICH, V8 3,918,3503.9m $221.8m $221.8m 0.06% Added +363.9k +363,899
5 CITIGROUP INC 0.16% of their portfolio NEW YORK, NY 3,002,6923.0m $170.0m $170.0m 0.16% Reduced -2.3m -2,259,360
6 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,802,8172.8m $158.6m $158.6m 0.01% Reduced -2.7m -2,738,041
7 Duquesne Family Office LLC 4.07% of their portfolio New York, NY 2,053,3232.1m $116.2m $116.2m 4.07% New
8 TWO SIGMA INVESTMENTS, LP 0.25% of their portfolio NEW YORK, NY 1,942,1101.9m $109.9m $109.9m 0.25% Added +39.2k +39,160
9 BESSEMER GROUP INC 0.13% of their portfolio WOODBRIDGE, NJ 1,444,2351.4m $81.7m $81.7m 0.13% Added +354.3k +354,287
10 Parallax Volatility Advisers, L.P. 1.97% of their portfolio San Francisco, CA 1,342,3211.3m $76.0m $76.0m 1.97% Added +1.2m +1,195,006
11 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 1,325,6811.3m $75.0m $75.0m 0.03% Added +138.2k +138,193
12 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,262,0211.3m $71.4m $71.4m 0.02% Added +257.4k +257,376
13 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 1,144,5001.1m $64.8m $64.8m 0.01% New
14 Caption Management, LLC 6.85% of their portfolio OKLAHOMA CITY, OK 1,128,4001.1m $63.9m $63.9m 6.85% Reduced -32.7k -32,700
15 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,111,9811.1m $62.9m $62.9m 0.01% Added +416.0k +416,048
16 MOORE CAPITAL MANAGEMENT, LP 1.56% of their portfolio NEW YORK, NY 950,000950.0k $53.8m $53.8m 1.56% New
17 CITADEL ADVISORS LLC 0.06% of their portfolio MIAMI, FL 948,461948.5k $53.7m $53.7m 0.06% New
18 MARSHALL WACE, LLP 0.06% of their portfolio LONDON, X0 863,058863.1k $48.8m $48.8m 0.06% Added +661.8k +661,807
19 Ensign Peak Advisors, Inc 0.08% of their portfolio SALT LAKE CITY, UT 788,185788.2k $44.6m $44.6m 0.08% Added +747.4k +747,434
20 Harel Insurance Investments & Financial Services Ltd. 0.74% of their portfolio Ramat Gan, L3 757,000757.0k $42.8m $42.8m 0.74% New
21 TORONTO DOMINION BANK 0.08% of their portfolio TORONTO, ONTARIO, A6 752,250752.2k $42.6m $42.6m 0.08% Reduced -2.2k -2,250
22 GENDELL JEFFREY L 1.21% of their portfolio Greenwich, CT 683,750683.8k $38.7m $38.7m 1.21% Added +307.0k +307,023
23 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 678,410678.4k $38.4m $38.4m 0.01% Added +365.7k +365,747
24 BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio PARIS, I0 657,383657.4k $37.2m $37.2m 0.04% Reduced -2.7m -2,703,148
25 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 655,129655.1k $37.1m $37.1m 0.02% Reduced -930.5k -930,513
26 Horizon Investments, LLC 0.93% of their portfolio Charlotte, NC 616,216616.2k $34.9m $34.9m 0.93% New
27 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.06% of their portfolio BALA CYNWYD, PA 578,901578.9k $32.8m $32.8m 0.06% Reduced -626.7k -626,658
28 Holocene Advisors, LP 0.12% of their portfolio New York, NY 529,379529.4k $30.0m $30.0m 0.12% Added +311.1k +311,147
29 CAPITAL FUND MANAGEMENT S.A. 0.32% of their portfolio PARIS, I0 514,265514.3k $29.1m $29.1m 0.32% Added +128.3k +128,346
30 Jefferies Financial Group Inc. 0.46% of their portfolio NEW YORK, NY 493,702493.7k $27.9m $27.9m 0.46% Added +462.6k +462,600
31 EP Wealth Advisors, LLC 0.22% of their portfolio TORRANCE, CA 449,844449.8k $25.5m $25.5m 0.22% Added +427.5k +427,473
32 Rokos Capital Management LLP 0.87% of their portfolio LONDON, X0 438,104438.1k $24.8m $24.8m 0.87% New
33 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 411,684411.7k $23.0m $23.0m 0.01% Added +90.1k +90,127
34 First Financial Bankshares Inc 0.46% of their portfolio Abilene, TX 389,285389.3k $22.0m $22.0m 0.46% Reduced -1.7k -1,672
35 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 377,466377.5k $21.4m $21.4m 0.00% Reduced -2.6m -2,578,014
36 SMI Advisory Services, LLC 4.60% of their portfolio COLUMBUS, IN 372,078372.1k $20.8m $20.8m 4.60% New
37 Goodman Financial Corp 4.69% of their portfolio HOUSTON, TX 371,371371.4k $21.0m $21.0m 4.69% Added +2.2k +2,159
38 CAPSTONE INVESTMENT ADVISORS, LLC 0.37% of their portfolio NEW YORK, NY 341,394341.4k $19.3m $19.3m 0.37% Reduced -111.2k -111,209
39 B & T Capital Management DBA Alpha Capital Management 3.61% of their portfolio AUSTIN, TX 339,662339.7k $19.2m $19.2m 3.61% Added +571 +571
40 HUNTINGTON NATIONAL BANK 0.14% of their portfolio COLUMBUS, OH 336,049336.0k $19.0m $19.0m 0.14% Added +13.3k +13,269
41 Balyasny Asset Management L.P. 0.04% of their portfolio Chicago, IL 305,734305.7k $17.3m $17.3m 0.04% Reduced -228.9k -228,895
42 Hudson Bay Capital Management LP 0.12% of their portfolio STAMFORD, CT 300,000300.0k $17.0m $17.0m 0.12% Reduced -220.6k -220,611
43 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 289,084289.1k $16.4m $16.4m 0.04% Added +7.8k +7,765
44 Lighthouse Investment Partners, LLC 0.88% of their portfolio Palm Beach Gardens, FL 288,780288.8k $16.3m $16.3m 0.88% New
45 Alaska Permanent Fund Corp 0.21% of their portfolio JUNEAU, AK 256,958257.0k $14.5m $14.5m 0.21% Unchanged
46 Bremer Bank National Association 2.69% of their portfolio ST PAUL, MN 251,838251.8k $14.3m $14.3m 2.69% Reduced -1.2k -1,244
47 Parcion Private Wealth LLC 1.18% of their portfolio BELLEVUE, WA 250,696250.7k $14.2m $14.2m 1.18% New
48 Quadrature Capital Ltd 0.32% of their portfolio LONDON, X0 246,336246.3k $13.9m $13.9m 0.32% New
49 SOROS FUND MANAGEMENT LLC 0.28% of their portfolio NEW YORK, NY 245,890245.9k $13.9m $13.9m 0.28% Reduced -73.3k -73,269
50 TOCQUEVILLE ASSET MANAGEMENT L.P. 0.20% of their portfolio New York, NY 228,449228.4k $12.9m $12.9m 0.20% Added +17.1k +17,068
51 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 214,638214.6k $12.1m $12.1m 0.02% Reduced -2.5m -2,497,725
52 One Capital Management, LLC 0.38% of their portfolio WESTLAKE VILLAGE, CA 208,776208.8k $11.8m $11.8m 0.38% Added +18.4k +18,442
53 Ocean Park Asset Management, LLC 0.52% of their portfolio SANTA MONICA, CA 208,103208.1k $11.8m $11.8m 0.52% Added +201.3k +201,317
54 DE BURLO GROUP INC 1.40% of their portfolio BOSTON, MA 201,000201.0k $11.4m $11.4m 1.40% New
55 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 193,571193.6k $11.0m $11.0m 0.01% Added +27.0k +27,018
56 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 184,186184.2k $10.4m $10.4m 0.02% Reduced -15.7k -15,728
57 MONTAG A & ASSOCIATES INC 0.49% of their portfolio ATLANTA, GA 182,920182.9k $10.4m $10.4m 0.49% Added +146.5k +146,526
58 Terril Brothers, Inc. 3.33% of their portfolio St. Louis, MO 177,900177.9k $10.1m $10.1m 3.33% Reduced -400 -400
59 Rosenthal | Henry Capital Advisors, Inc. 9.91% of their portfolio MISHAWAKA, IN 174,383174.4k $9.9m $9.9m 9.91% New
60 Chicago Wealth Management, Inc. 4.88% of their portfolio CHICAGO, IL 161,399161.4k $9.1m $9.1m 4.88% New
61 NewSquare Capital LLC 0.72% of their portfolio NEWTOWN SQUARE, PA 159,451159.5k $9.0m $9.0m 0.72% Reduced -1.9k -1,873
62 Integrated Wealth Concepts LLC 0.11% of their portfolio WALTHAM, MA 157,868157.9k $8.9m $8.9m 0.11% Reduced -970 -970
63 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 155,971156.0k $8.8m $8.8m 0.00% Added +65.4k +65,417
64 DRW Securities, LLC 0.47% of their portfolio CHICAGO, IL 151,326151.3k $8.6m $8.6m 0.47% Added +39.3k +39,326
65 Sculptor Capital LP 0.17% of their portfolio New York, NY 149,500149.5k $8.5m $8.5m 0.17% New
66 Walleye Capital LLC 0.09% of their portfolio NEW YORK, NY 145,668145.7k $8.2m $8.2m 0.09% New
67 Annandale Capital, LLC 1.58% of their portfolio DALLAS, TX 140,000140.0k $7.9m $7.9m 1.58% Unchanged
68 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 132,225132.2k $7.5m $7.5m 0.01% Added +73.9k +73,928
69 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 132,147132.1k $7.5m $7.5m 0.01% Reduced -5.2k -5,217
70 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 127,029127.0k $7.2m $7.2m 0.01% New
71 Aster Capital Management (DIFC) Ltd 1.53% of their portfolio DUBAI, C0 125,217125.2k $7.1m $7.1m 1.53% First filing
72 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 123,779123.8k $7.0m $7.0m 0.00% Reduced -6.8k -6,778
73 TUDOR INVESTMENT CORP ET AL 0.08% of their portfolio STAMFORD, CT 123,331123.3k $7.0m $7.0m 0.08% Reduced -267.3k -267,293
74 Graypoint LLC 0.44% of their portfolio Albany, NY 122,075122.1k $6.9m $6.9m 0.44% Reduced -6.7k -6,692
75 CX Institutional 0.30% of their portfolio AUBURN, IN 121,145121.1k $6.9m $6.9m 0.30% Added +7.6k +7,589
76 Carnegie Investment Counsel 0.20% of their portfolio PEPPER PIKE, OH 117,738117.7k $6.7m $6.7m 0.20% Reduced -2.9k -2,922
77 Michelson Medical Research Foundation, Inc. 4.58% of their portfolio Los Angeles, CA 114,700114.7k $6.5m $6.5m 4.58% Unchanged
78 Parkside Investments, LLC 0.97% of their portfolio DEERFIELD, IL 113,255113.3k $6.4m $6.4m 0.97% Reduced -80.8k -80,835
79 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 108,654108.7k $6.1m $6.1m 0.00% New
80 Cullen/Frost Bankers, Inc. 0.08% of their portfolio San Antonio, TX 107,432107.4k $6.1m $6.1m 0.08% Added +106.7k +106,717
81 Venture Visionary Partners LLC 0.26% of their portfolio Sylvania, OH 106,921106.9k $6.1m $6.1m 0.26% Reduced -130.3k -130,311
82 Oak Harvest Investment Services 0.86% of their portfolio HOUSTON, TX 105,530105.5k $6.0m $6.0m 0.86% New
83 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 104,350104.3k $5.9m $5.9m 0.01% Reduced -3.9k -3,887
84 Arvest Bank Trust Division 0.34% of their portfolio DEWEY, OK 103,097103.1k $5.8m $5.8m 0.34% First filing
85 North Star Investment Management Corp. 0.40% of their portfolio CHICAGO, IL 102,993103.0k $5.8m $5.8m 0.40% Added +26.8k +26,755
86 Twin Tree Management, LP 0.13% of their portfolio DALLAS, TX 101,202101.2k $5.7m $5.7m 0.13% Reduced -765.0k -765,008
87 OPPENHEIMER & CO INC 0.09% of their portfolio NEW YORK, NY 99,22299.2k $5.6m $5.6m 0.09% Added +71.5k +71,511
88 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.05% of their portfolio Madrid, U3 91,59391.6k $5.2m $5.2m 0.05% Reduced -66.9k -66,920
89 Pineridge Advisors LLC 1.89% of their portfolio ST. CHARLES, MO 88,27788.3k $5.0m $5.0m 1.89% Reduced -5.2k -5,155
90 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 85,46185.5k $4.8m $4.8m 0.01% Reduced -15.0k -14,974
91 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 85,27385.3k $4.8m $4.8m 0.01% Reduced -8.1k -8,125
92 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 82,45582.5k $4.7m $4.7m 0.01% Added +942 +942
93 PATTEN & PATTEN INC/TN 0.31% of their portfolio CHATTANOOGA, TN 81,23681.2k $4.6m $4.6m 0.31% Added +7.5k +7,465
94 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 81,14381.1k $4.6m $4.6m 0.02% Reduced -109.3k -109,253
95 Prescott Group Capital Management, L.L.C. 0.66% of their portfolio Tulsa, OK 80,00080.0k $4.5m $4.5m 0.66% Added +20.0k +20,000
96 Ulysses Management LLC 1.04% of their portfolio New York, NY 80,00080.0k $4.5m $4.5m 1.04% Unchanged
97 Atom Investors LP 0.47% of their portfolio AUSTIN, TX 78,52678.5k $4.4m $4.4m 0.47% Reduced -58.1k -58,063
98 COUNTRY CLUB BANK 0.29% of their portfolio KANSAS CITY, MO 77,17477.2k $4.3m $4.3m 0.29% Reduced -1.5k -1,537
99 Bright Futures Wealth Management, LLC. 2.19% of their portfolio WEBSTER, NY 14580, NY 75,88875.9k $4.5m $4.5m 2.19% Reduced -13.5k -13,523
100 BRANT POINT INVESTMENT MANAGEMENT LLC 0.97% of their portfolio New York, NY 74,83374.8k $4.2m $4.2m 0.97% Unchanged