Vault-13

SPDR SER TR XPH

S&P PHARMAC · ETP · CUSIP 78464A722

94 institutional holders +10 vs Q1 2026
3,915,3103.9m shares reported held*
$265.3mreported value*
20 new 26 added 29 reduced 8 sold out net bought ≈ $16.0m (+241.3k 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. Holder counts are more reliable. Implied quarter-end price ≈ $67.75. Options: 1 managers hold calls ($1.4m notional), 2 hold puts ($2.0m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 66Q4 22: 75Q1 23: 63Q2 23: 61Q3 23: 67Q4 23: 75Q1 24: 74Q2 24: 73Q3 24: 73Q4 24: 75Q1 25: 73Q2 25: 67Q3 25: 70Q4 25: 79Q1 26: 84Q2 26: 9494Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202266
Q4 202275
Q1 202363
Q2 202361
Q3 202367
Q4 202375
Q1 202474
Q2 202473
Q3 202473
Q4 202475
Q1 202573
Q2 202567
Q3 202570
Q4 202579
Q1 202684
Q2 202694

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q3 24: 27 bought or addedQ3 24: 32 cut or sold outQ4 24: 36 bought or addedQ4 24: 24 cut or sold outQ4 24Q1 25: 26 bought or addedQ1 25: 31 cut or sold outQ2 25: 21 bought or addedQ2 25: 33 cut or sold outQ2 25Q3 25: 34 bought or addedQ3 25: 27 cut or sold outQ4 25: 42 bought or addedQ4 25: 26 cut or sold outQ4 25Q1 26: 43 bought or addedQ1 26: 28 cut or sold outQ2 26: 46 bought or addedQ2 26: 37 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20242732
Q4 20243624
Q1 20252631
Q2 20252133
Q3 20253427
Q4 20254226
Q1 20264328
Q2 20264637

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ3 25 calls: $575.3kQ3 25 puts: $1.1mQ3 25P/C 1.85Q4 25 calls: $3.4mQ4 25 puts: $1.2mQ4 25P/C 0.35Q1 26 calls: $2.2mQ1 26 puts: $795.1kQ1 26P/C 0.37Q2 26 calls: $1.4mQ2 26 puts: $2.0mQ2 26P/C 1.47
Numbers
QuarterCallsPutsP/C
Q3 2025$575.3k$1.1m1.85
Q4 2025$3.4m$1.2m0.35
Q1 2026$2.2m$795.1k0.37
Q2 2026$1.4m$2.0m1.47

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +203,955+204.0k
Measured Wealth Private Client Group, LLC New +68,306+68.3k
CITIGROUP INC Added +54,726+54.7k
MORGAN STANLEY Added +26,638+26.6k
LPL Financial LLC Added +22,160+22.2k
Kingsview Wealth Management, LLC Added +19,629+19.6k
Arax Advisory Partners Added +14,134+14.1k
Envestnet Portfolio Solutions, Inc. Added +9,042+9.0k
HRT FINANCIAL LP New +8,348+8.3k
FIRST CITIZENS BANK & TRUST CO Added +8,304+8.3k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -49,426-49.4k
CITADEL ADVISORS LLC Sold out -40,874-40.9k
ROYAL BANK OF CANADA Reduced -18,732-18.7k
JANE STREET GROUP, LLC Reduced -17,053-17.1k
WELLS FARGO & COMPANY/MN Reduced -16,943-16.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -16,822-16.8k
TWO SIGMA INVESTMENTS, LP Reduced -14,949-14.9k
Avior Wealth Management, LLC Reduced -12,254-12.3k
Clark Capital Management Group, Inc. Reduced -10,393-10.4k
STIFEL FINANCIAL CORP Reduced -9,772-9.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.4m21.0k shares

Biggest puts

J. Goldman & Co LP New $1.1m16.2k shares
JANE STREET GROUP, LLC Unchanged $974.2k14.7k 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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,015,8941.0m $67.3m $67.3m 0.00% Added +204.0k +203,955
2 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 387,368387.4k $25.7m $25.7m 0.00% Reduced -16.9k -16,943
3 Kingsview Wealth Management, LLC 0.25% of their portfolio GRANTS PASS, OR 314,894314.9k $20.9m $20.9m 0.25% Added +19.6k +19,629
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 314,226314.2k $20.8m $20.8m 0.00% Added +26.6k +26,638
5 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 221,822221.8k $14.7m $14.7m 0.00% Reduced -49.4k -49,426
6 FIRST CITIZENS BANK & TRUST CO 0.19% of their portfolio RALEIGH, NC 195,701195.7k $13.0m $13.0m 0.19% Added +8.3k +8,304
7 Envestnet Portfolio Solutions, Inc. 0.06% of their portfolio BERWYN, PA 180,521180.5k $12.0m $12.0m 0.06% Added +9.0k +9,042
8 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 168,419168.4k $11.2m $11.2m 0.00% Added +22.2k +22,160
9 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 104,114104.1k $6.9m $6.9m 0.00% Added +54.7k +54,726
10 Evelyn Partners Group Ltd 0.18% of their portfolio LONDON, X0 71,80671.8k $10.5m $10.5m 0.18% First filing
11 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 70,67870.7k $4.7m $4.7m 0.01% Added +1.0k +1,010
12 Measured Wealth Private Client Group, LLC 1.09% of their portfolio PORTSMOUTH, NH 68,30668.3k $4.5m $4.5m 1.09% New
13 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 63,69763.7k $4.2m $4.2m 0.02% Added +7.9k +7,920
14 UBS Group AG 0.00% of their portfolio ZURICH, V8 55,34655.3k $3.7m $3.7m 0.00% Added +6.4k +6,435
15 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 49,00449.0k $3.2m $3.2m 0.00% Reduced -8.3k -8,319
16 Wharton Business Group, LLC 0.10% of their portfolio MALVERN, PA 46,39546.4k $3.1m $3.1m 0.10% Unchanged
17 SVB WEALTH LLC 0.18% of their portfolio BOSTON, MA 42,79742.8k $2.8m $2.8m 0.18% Reduced -2.9k -2,871
18 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 35,75135.8k $2.4m $2.4m 0.00% Reduced -14.9k -14,949
19 Clark Capital Management Group, Inc. 0.01% of their portfolio PHILADELPHIA, PA 32,92932.9k $2.2m $2.2m 0.01% Reduced -10.4k -10,393
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 32,01232.0k $2.1m $2.1m 0.00% Reduced -16.8k -16,822
21 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 31,11931.1k $2.1m $2.1m 0.01% Added +2.6k +2,606
22 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 28,46828.5k $1.9m $1.9m 0.00% Reduced -581 -581
23 GTS SECURITIES LLC 0.04% of their portfolio NEW YORK, NY 26,88526.9k $1.8m $1.8m 0.04% Reduced -6.2k -6,168
24 Compass Wealth Management LLC 0.33% of their portfolio GUILFORD, CT 26,65226.7k $1.8m $1.8m 0.33% Added +2.5k +2,499
25 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 26,23126.2k $1.7m $1.7m 0.00% Reduced -196 -196
26 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 21,91721.9k $1.5m $1.5m 0.00% Reduced -18.7k -18,732
27 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 19,97220.0k $1.3m $1.3m 0.00% Added +398 +398
28 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 18,86318.9k $1.3m $1.3m 0.00% Reduced -303 -303
29 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 16,55616.6k $1.1m $1.1m 0.00% Added +5.6k +5,601
30 Arax Advisory Partners 0.01% of their portfolio NEW YORK, NY 15,17915.2k $1.0m $1.0m 0.01% Added +14.1k +14,134
31 Avior Wealth Management, LLC 0.02% of their portfolio OMAHA, NE 12,07012.1k $799.9k $799.9k 0.02% Reduced -12.3k -12,254
32 SummitTX Capital, L.P. 0.02% of their portfolio FORT WORTH, TX 11,74511.7k $778.3k $778.3k 0.02% Reduced -3.8k -3,832
33 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 11,50711.5k $762.6k $762.6k 0.00% Reduced -9.8k -9,772
34 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 11,41611.4k $756.5k $756.5k 0.00% Added +1.2k +1,180
35 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 10,82210.8k $717.2k $717.2k 0.00% Reduced -1.1k -1,119
36 PARK AVENUE SECURITIES LLC 0.00% of their portfolio NEW YORK, NY 8,9178.9k $591.0k $591.0k 0.00% Reduced -3.1k -3,129
37 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 8,3488.3k $553.0k $553.0k 0.00% New
38 CX Institutional 0.02% of their portfolio AUBURN, IN 8,2178.2k $545.0k $545.0k 0.02% Added +360 +360
39 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 7,6037.6k $504.9k $504.9k 0.00% Added +40 +40
40 Fragasso Financial Advisors Inc 0.02% of their portfolio SEWICKLEY, PA 6,6996.7k $444.0k $444.0k 0.02% Added +6 +6
41 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 6,2536.3k $414.4k $414.4k 0.00% Reduced -17.1k -17,053
42 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 6,0886.1k $403.5k $403.5k 0.01% Reduced -15 -15
43 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 5,9095.9k $391.7k $391.7k 0.00% Added +952 +952
44 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 5,7315.7k $379.8k $379.8k 0.00% Reduced -173 -173
45 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 5,6195.6k $372.4k $372.4k 0.00% Reduced -502 -502
46 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 5,4975.5k $364.3k $364.3k 0.00% Reduced -33 -33
47 Ameritas Advisory Services, LLC 0.01% of their portfolio Lincoln, NE 4,9394.9k $327.3k $327.3k 0.01% New
48 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 4,7004.7k $311.5k $311.5k 0.01% Unchanged
49 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 4,2454.2k $281.0k $281.0k 0.00% Unchanged
50 NewEdge Wealth, LLC 0.00% of their portfolio STAMFORD, CT 4,0334.0k $267.3k $267.3k 0.00% Unchanged
51 VISTA INVESTMENT MANAGEMENT 0.08% of their portfolio PITTSBURGH, PA 3,9864.0k $264.2k $264.2k 0.08% Unchanged
52 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 3,9704.0k $263.1k $263.1k 0.00% Added +2 +2
53 FMR LLC 0.00% of their portfolio BOSTON, MA 3,7983.8k $251.7k $251.7k 0.00% Added +321 +321
54 Lifeworks Advisors, LLC 0.03% of their portfolio GRAND RAPIDS, MI 3,7943.8k $251.4k $251.4k 0.03% Reduced -709 -709
55 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 3,7573.8k $249.0k $249.0k 0.00% Reduced -7.8k -7,846
56 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 3,7533.8k $248.7k $248.7k 0.00% New
57 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 3,4013.4k $225.4k $225.4k 0.00% New
58 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 3,3083.3k $219.2k $219.2k 0.00% New
59 Belvedere Trading LLC 0.02% of their portfolio CHICAGO, IL 3,3033.3k $218.9k $218.9k 0.02% New
60 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 3,2713.3k $216.8k $216.8k 0.00% Reduced -1.1k -1,118
61 Advantage Trust Co 0.08% of their portfolio SALINA, KS 3,2503.2k $215.4k $215.4k 0.08% New
62 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 2,4252.4k $160.9k $160.9k 0.00% Reduced -80 -80
63 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 2,3082.3k $152.2k $152.2k 0.00% Added +323 +323
64 EP Wealth Advisors, LLC 0.00% of their portfolio TORRANCE, CA 2,2802.3k $151.1k $151.1k 0.00% Reduced -3.4k -3,445
65 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 2,0022.0k $132.6k $132.6k 0.00% New
66 LANARK FINANCIAL, INC. 0.01% of their portfolio BIRMINGHAM, AL 1,5571.6k $103.2k $103.2k 0.01% Unchanged
67 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,5001.5k $99.4k $99.4k 0.00% New
68 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1,4001.4k $92.8k $92.8k 0.00% Unchanged
69 Institute for Wealth Management, LLC. 0.01% of their portfolio DENVER, CO 1,2971.3k $86.0k $86.0k 0.01% New
70 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,1901.2k $78.9k $78.9k 0.00% Added +477 +477
71 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 790790 $52.4k $52.4k 0.00% Unchanged
72 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 619619 $41.6k $41.6k 0.00% Unchanged
73 Caitlin John, LLC 0.02% of their portfolio BRIGHTON, MI 500500 $33.1k $33.1k 0.02% New
74 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 452452 $29.9k $29.9k 0.00% Unchanged
75 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 450450 $29.8k $29.8k 0.00% Reduced -264 -264
76 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 400400 $26.5k $26.5k 0.00% Unchanged
77 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 344344 $22.8k $22.8k 0.00% New
78 New Republic Capital, LLC 0.01% of their portfolio CHARLOTTE, NC 338338 $22.4k $22.4k 0.01% New
79 Ashton Thomas Private Wealth, LLC 0.00% of their portfolio SCOTTSDALE, AZ 326326 $21.6k $21.6k 0.00% Reduced -25 -25
80 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 230230 $15.2k $15.2k 0.00% Added +80 +80
81 Addison Advisors LLC 0.01% of their portfolio MIDDLEBURY, VT 188188 $12.5k $12.5k 0.01% Unchanged
82 Cape Investment Advisory, Inc. 0.00% of their portfolio MCDONOUGH, GA 180180 $11.9k $11.9k 0.00% New
83 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 179179 $11.9k $11.9k 0.00% Unchanged
84 Medallion Wealth Advisors, LLC 0.00% of their portfolio FARMINGTON, CT 150150 $9.9k $9.9k 0.00% Unchanged
85 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 125125 $8.3k $8.3k 0.00% New
86 IFG Advisory, LLC 0.00% of their portfolio ATLANTA, GA 121121 $8.0k $8.0k 0.00% New
87 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 107107 $7.1k $7.1k 0.00% New
88 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 103103 $6.8k $6.8k 0.00% First filing
89 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 101101 $6.7k $6.7k 0.00% Added +100 +100
90 First Bancorp, Inc /ME/ 0.00% of their portfolio DAMARISCOTTA, ME 100100 $6.6k $6.6k 0.00% New
91 PENSION & WEALTH MANAGEMENT ADVISORS, INC. 0.00% of their portfolio WALTHAM, MA 100100 $6.6k $6.6k 0.00% Unchanged
92 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 4141 $2.7k $2.7k 0.00% Unchanged
93 Signature Equity Partners, LLC 0.00% of their portfolio COLUMBUS, OH 1919 $1.3k $1.3k 0.00% New
94 Front Row Advisors LLC 0.00% of their portfolio TIBURON, CA 1818 $1.3k $1.3k 0.00% Unchanged