Vault-13

SPDR SERIES TRUST XME

S&P METALS MNG · ETP · CUSIP 78464A755

278 institutional holders -13 vs Q1 2023
33,473,32633.5m shares reported held*
$1.7bnreported value*
38 new 73 added 101 reduced 56 sold out net sold ≈ $118.1m (-2.3m 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 ($4.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $50.79. Options: 14 managers hold calls ($110.8m notional), 15 hold puts ($149.0m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 244Q4 22: 282Q1 23: 291Q2 23: 278278Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022244
Q4 2022282
Q1 2023291
Q2 2023278

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 135 bought or addedQ4 22: 110 cut or sold outQ4 22Q1 23: 143 bought or addedQ1 23: 136 cut or sold outQ1 23Q2 23: 111 bought or addedQ2 23: 157 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022135110
Q1 2023143136
Q2 2023111157

Calls vs puts

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

CallsPuts
$0$100m$200m$300m$400mQ3 22 calls: $179.8mQ3 22 puts: $139.3mQ3 22P/C 0.77Q4 22 calls: $98.5mQ4 22 puts: $226.8mQ4 22P/C 2.30Q1 23 calls: $123.9mQ1 23 puts: $379.7mQ1 23P/C 3.07Q2 23 calls: $110.8mQ2 23 puts: $149.0mQ2 23P/C 1.34
Numbers
QuarterCallsPutsP/C
Q3 2022$179.8m$139.3m0.77
Q4 2022$98.5m$226.8m2.30
Q1 2023$123.9m$379.7m3.07
Q2 2023$110.8m$149.0m1.34

Biggest buyers

CITIGROUP INC Added +923,857+923.9k
BARCLAYS PLC Added +910,468+910.5k
BANK OF AMERICA CORP /DE/ Added +792,680+792.7k
JANE STREET GROUP, LLC Added +332,002+332.0k
Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD New +291,952+292.0k
BNP PARIBAS FINANCIAL MARKETS Added +251,123+251.1k
CAPITAL FUND MANAGEMENT S.A. New +217,197+217.2k
Point72 Asset Management, L.P. New +193,304+193.3k
BW Gestao de Investimentos Ltda. New +127,830+127.8k
RENAISSANCE TECHNOLOGIES LLC Added +125,000+125.0k

Biggest sellers

Migdal Insurance & Financial Holdings Ltd. Sold out -1,690,000-1.7m
MORGAN STANLEY Reduced -1,285,629-1.3m
Balyasny Asset Management L.P. Sold out -579,684-579.7k
GOLDMAN SACHS GROUP INC Reduced -551,371-551.4k
D. E. Shaw & Co., Inc. Sold out -437,100-437.1k
JPMORGAN CHASE & CO Reduced -265,226-265.2k
OSAIC HOLDINGS, INC. Reduced -237,698-237.7k
NEIRG Wealth Management, LLC Reduced -194,729-194.7k
LPL Financial LLC Reduced -168,672-168.7k
Fullerton Fund Management Co Ltd. Sold out -158,000-158.0k

Biggest calls

CITADEL ADVISORS LLC Reduced $27.2m534.6k shares
Squarepoint Ops LLC New $23.0m451.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $18.2m358.2k shares
BANK OF AMERICA CORP /DE/ Reduced $10.1m199.7k shares
Paloma Partners Management Co Added $7.8m153.0k shares
Walleye Capital LLC New $6.6m128.9k shares
Walleye Trading LLC Reduced $6.2m121.7k shares
CAPITAL FUND MANAGEMENT S.A. Added $4.3m84.8k shares
Parallax Volatility Advisers, L.P. Added $3.3m65.8k shares
WOLVERINE TRADING, LLC Reduced $1.8m35.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $40.2m790.2k shares
CITADEL ADVISORS LLC Added $34.0m668.2k shares
Walleye Capital LLC New $16.3m320.7k shares
BANK OF AMERICA CORP /DE/ Unchanged $10.1m199.7k shares
MILLENNIUM MANAGEMENT LLC Added $8.4m165.7k shares
Paloma Partners Management Co Added $8.3m164.1k shares
K2 PRINCIPAL FUND, L.P. Reduced $7.6m150.0k shares
Walleye Trading LLC Reduced $5.7m111.6k shares
CAPITAL FUND MANAGEMENT S.A. Added $4.1m80.9k shares
WOLVERINE TRADING, LLC Reduced $4.0m79.3k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 4,851,7974.9m $246.6m $246.6m 0.03% Added +792.7k +792,680
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 4,228,9264.2m $214.9m $214.9m 0.02% Reduced -1.3m -1,285,629
3 BESSEMER GROUP INC 0.29% of their portfolio WOODBRIDGE, NJ 2,714,2252.7m $137.9m $137.9m 0.29% Unchanged
4 CITIGROUP INC 0.11% of their portfolio NEW YORK, NY 1,728,6481.7m $87.8m $87.8m 0.11% Added +923.9k +923,857
5 Vanderbilt University 16.64% of their portfolio NASHVILLE, TN 1,279,2561.3m $65.0m $65.0m 16.64% Added +4.2k +4,185
6 BARCLAYS PLC 0.04% of their portfolio LONDON, X0 1,204,3141.2m $61.2m $61.2m 0.04% Added +910.5k +910,468
7 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,198,0101.2m $60.9m $60.9m 0.03% Added +9.3k +9,302
8 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,165,8221.2m $59.2m $59.2m 0.02% Reduced -551.4k -551,371
9 NATIXIS 0.45% of their portfolio PARIS, I0 1,050,0001.1m $53.4m $53.4m 0.45% Unchanged
10 Harel Insurance Investments & Financial Services Ltd. 1.18% of their portfolio Ramat Gan, L3 945,500945.5k $48.0m $48.0m 1.18% Unchanged
11 MEITAV INVESTMENT HOUSE LTD 0.37% of their portfolio BENE-BERAQ, L3 909,668909.7k $45.9m $45.9m 0.37% Added +74.8k +74,790
12 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 645,678645.7k $32.8m $32.8m 0.01% Reduced -108.9k -108,920
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 543,861543.9k $27.6m $27.6m 0.00% Reduced -265.2k -265,226
14 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 523,479523.5k $26.6m $26.6m 0.04% Added +332.0k +332,002
15 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 513,040513.0k $26.1m $26.1m 0.05% Reduced -237.7k -237,698
16 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 483,482483.5k $24.6m $24.6m 0.02% Reduced -168.7k -168,672
17 BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio PARIS, I0 475,830475.8k $24.2m $24.2m 0.05% Added +251.1k +251,123
18 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 451,833451.8k $23.0m $23.0m 0.01% Reduced -113.0k -113,006
19 SCS Capital Management LLC 0.56% of their portfolio BOSTON, MA 444,422444.4k $22.6m $22.6m 0.56% Added +119.7k +119,743
20 AFFINITY WEALTH MANAGEMENT LLC 4.32% of their portfolio WILMINGTON, DE 371,012371.0k $18.9m $18.9m 4.32% Added +29.7k +29,656
21 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 320,968321.0k $16.3m $16.3m 0.03% Reduced -106.3k -106,319
22 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 1.05% of their portfolio Tel Aviv, L3 291,952292.0k $14.8m $14.8m 1.05% New
23 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 248,842248.8k $12.6m $12.6m 0.02% Reduced -101.6k -101,575
24 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 236,589236.6k $12.0m $12.0m 0.01% Reduced -50.9k -50,892
25 CAPITAL FUND MANAGEMENT S.A. 0.17% of their portfolio PARIS, I0 217,197217.2k $11.0m $11.0m 0.17% New
26 BlackRock Inc. 0.00% of their portfolio New York, NY 212,542212.5k $10.8m $10.8m 0.00% Reduced -100.0k -100,000
27 Point72 Asset Management, L.P. 0.03% of their portfolio STAMFORD, CT 193,304193.3k $9.8m $9.8m 0.03% New
28 Sage Advisory Services, Ltd.Co. 2.83% of their portfolio AUSTIN, TX 191,236191.2k $9.7m $9.7m 2.83% Added +18.7k +18,661
29 PFS INVESTMENTS INC. 0.14% of their portfolio DULUTH, GA 164,783164.8k $8.4m $8.4m 0.14% Reduced -2.1k -2,068
30 JENNISON ASSOCIATES LLC 0.01% of their portfolio NEW YORK, NY 155,727155.7k $7.9m $7.9m 0.01% Added +66.2k +66,225
31 BENJAMIN F. EDWARDS & COMPANY, INC. 0.30% of their portfolio ST. LOUIS, MO 154,887154.9k $7.9m $7.9m 0.30% Reduced -26.3k -26,273
32 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 143,700143.7k $7.3m $7.3m 0.01% Added +125.0k +125,000
33 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 137,969138.0k $7.0m $7.0m 0.01% Added +23.7k +23,733
34 Venture Visionary Partners LLC 0.39% of their portfolio Sylvania, OH 128,555128.6k $6.5m $6.5m 0.39% Reduced -548 -548
35 BW Gestao de Investimentos Ltda. 0.99% of their portfolio SAO PAULO, D5 127,830127.8k $6.5m $6.5m 0.99% New
36 Financial Sense Advisors, Inc. 2.91% of their portfolio SAN DIEGO, CA 125,227125.2k $6.4m $6.4m 2.91% Added +7.9k +7,854
37 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 125,151125.2k $6.4m $6.4m 0.01% Reduced -2.1k -2,125
38 Legend Financial Advisors, Inc. 4.81% of their portfolio PITTSBURGH, PA 113,302113.3k $5.8m $5.8m 4.81% Added +6.7k +6,714
39 Cresset Asset Management, LLC 0.04% of their portfolio Chicago, IL 106,944106.9k $5.4m $5.4m 0.04% New
40 Maven Securities LTD 0.76% of their portfolio ST HELIER, Y9 105,058105.1k $5.3m $5.3m 0.76% Added +90.5k +90,480
41 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 1.08% of their portfolio Tel Aviv, L3 103,748103.7k $5.3m $5.3m 1.08% New
42 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 95,52395.5k $4.9m $4.9m 0.00% Reduced -27.8k -27,817
43 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 94,86094.9k $4.8m $4.8m 0.01% New
44 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 90,38290.4k $4.6m $4.6m 0.00% Reduced -26.7k -26,722
45 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 85,87085.9k $4.4m $4.4m 0.04% Reduced -7.7k -7,687
46 FORTEM FINANCIAL GROUP, LLC 2.52% of their portfolio PALM DESERT, CA 83,77883.8k $4.3m $4.3m 2.52% Added +10.2k +10,165
47 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.06% of their portfolio ST. LOUIS, MO 76,05876.1k $3.9m $3.9m 0.06% Reduced -21.3k -21,332
48 Strategies Wealth Advisors, LLC 0.75% of their portfolio GRAND RAPIDS, MI 71,80871.8k $3.6m $3.6m 0.75% Added +3.0k +3,021
49 FOCUS Wealth Advisors, LLC 2.44% of their portfolio HOUSTON, TX 71,05471.1k $3.6m $3.6m 2.44% Reduced -5.8k -5,840
50 Lavaca Capital LLC 1.11% of their portfolio HOUSTON, TX 70,07070.1k $3.6m $3.6m 1.11% Added +16.0k +15,983
51 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 67,59267.6k $3.4m $3.4m 0.03% Reduced -4.7k -4,681
52 ARS Investment Partners, LLC 0.39% of their portfolio New York, NY 65,22465.2k $3.3m $3.3m 0.39% Reduced -25.2k -25,229
53 Black Swift Group, LLC 1.10% of their portfolio BOULDER, CO 63,76563.8k $3.2m $3.2m 1.10% Reduced -4.1k -4,145
54 Riggs Asset Managment Co. Inc. 1.13% of their portfolio DALLAS, PA 63,15663.2k $3.2m $3.2m 1.13% Reduced -69.9k -69,907
55 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 62,70062.7k $3.2m $3.2m 0.01% New
56 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 62,08362.1k $3.2m $3.2m 0.00% Reduced -18.0k -18,043
57 SPC Financial, Inc. 0.34% of their portfolio ROCKVILLE, MD 61,36161.4k $3.1m $3.1m 0.34% Added +5.3k +5,306
58 BBJS FINANCIAL ADVISORS, LLC 1.24% of their portfolio SEATTLE, WA 60,93860.9k $3.1m $3.1m 1.24% Added +180 +180
59 Merit Financial Group, LLC 0.10% of their portfolio ALPHARETTA, GA 59,89959.9k $3.0m $3.0m 0.10% Added +442 +442
60 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 58,79358.8k $3.0m $3.0m 0.01% Reduced -14.7k -14,680
61 SSI INVESTMENT MANAGEMENT LLC 0.20% of their portfolio Los Angeles, CA 56,19756.2k $2.9m $2.9m 0.20% New
62 Private Wealth Advisors, LLC 1.18% of their portfolio Fresno, CA 55,27955.3k $2.8m $2.8m 1.18% Added +716 +716
63 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 54,37854.4k $2.8m $2.8m 0.00% Added +18.4k +18,439
64 SCOTIA CAPITAL INC. 0.02% of their portfolio TORONTO, A6 54,13954.1k $2.8m $2.8m 0.02% Reduced -2.7k -2,652
65 Walleye Capital LLC 0.05% of their portfolio NEW YORK, NY 53,34353.3k $2.7m $2.7m 0.05% New
66 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 49,65949.7k $2.5m $2.5m 0.00% New
67 Bienville Capital Management, LLC 0.96% of their portfolio New York, NY 49,35049.4k $2.5m $2.5m 0.96% Reduced -11.0k -11,000
68 Twin Tree Management, LP 0.05% of their portfolio DALLAS, TX 47,88847.9k $2.4m $2.4m 0.05% Added +24.6k +24,572
69 Ted Buchan & Co 1.84% of their portfolio San Diego, CA 47,10747.1k $2.4m $2.4m 1.84% Reduced -8.7k -8,690
70 IFP Advisors, Inc 0.04% of their portfolio TAMPA, FL 44,70244.7k $2.0m $2.0m 0.04% Added +13.3k +13,312
71 CUMBERLAND ADVISORS INC 1.00% of their portfolio SARASOTA, FL 42,85542.9k $2.2m $2.2m 1.00% Reduced -2.4k -2,380
72 J.P. Morgan Private Wealth Advisors LLC 0.01% of their portfolio SAN FRANCISCO, CA 42,50942.5k $2.2m $2.2m 0.01% Reduced -102.7k -102,663
73 HERBST GROUP, LLC 1.46% of their portfolio WESTPORT, CT 41,52041.5k $2.1m $2.1m 1.46% Added +2.4k +2,382
74 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.04% of their portfolio CHICAGO, IL 40,00040.0k $2.0m $2.0m 0.04% Not comparable
75 Parallax Volatility Advisers, L.P. 0.07% of their portfolio San Francisco, CA 39,77039.8k $2.0m $2.0m 0.07% Added +35.4k +35,442
76 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 39,62939.6k $2.0m $2.0m 0.00% Reduced -36.9k -36,898
77 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 39,53939.5k $2.0m $2.0m 0.02% Added +1.3k +1,260
78 BANK OF NOVA SCOTIA 0.01% of their portfolio TORONTO, A6 39,20739.2k $2.0m $2.0m 0.01% Added +5.1k +5,073
79 Meridian Wealth Management, LLC 0.17% of their portfolio LEXINGTON, KY 39,17039.2k $2.0m $2.0m 0.17% Added +2.6k +2,625
80 FDx Advisors, Inc. 0.11% of their portfolio BERWYN, PA 39,09739.1k $2.0m $2.0m 0.11% New
81 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 38,58938.6k $1.7m $1.7m 0.00% Added +8.8k +8,806
82 AVANTAX ADVISORY SERVICES, INC. 0.02% of their portfolio DALLAS, TX 37,71637.7k $1.9m $1.9m 0.02% Reduced -3.9k -3,926
83 Silphium Asset Management Ltd 0.88% of their portfolio London, X0 35,00035.0k $1.8m $1.8m 0.88% New
84 Lake Hills Wealth Management, LLC 1.92% of their portfolio AUSTIN, TX 34,62034.6k $1.8m $1.8m 1.92% New
85 Great Diamond Partners, LLC 0.45% of their portfolio Portland, ME 33,76733.8k $1.7m $1.7m 0.45% Added +5.2k +5,169
86 IHT Wealth Management, LLC 0.09% of their portfolio Chicago, IL 33,09233.1k $1.7m $1.7m 0.09% Reduced -3.2k -3,204
87 Simplicity Solutions, LLC 0.05% of their portfolio MINNEAPOLIS, MN 32,95633.0k $1.7m $1.7m 0.05% Added +3.2k +3,194
88 Bleakley Financial Group, LLC 0.05% of their portfolio PARSIPPANY, NJ 32,95633.0k $1.7m $1.7m 0.05% Added +3.2k +3,194
89 Wellington Shields Capital Management, LLC 0.20% of their portfolio NEW YORK, NY 32,70532.7k $1.7m $1.7m 0.20% Added +425 +425
90 MONTAG A & ASSOCIATES INC 0.10% of their portfolio ATLANTA, GA 31,84531.8k $1.6m $1.6m 0.10% Reduced -4.8k -4,809
91 OLD MISSION CAPITAL LLC 0.06% of their portfolio CHICAGO, IL 31,02431.0k $1.6m $1.6m 0.06% New
92 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 30,86430.9k $1.6m $1.6m 0.01% Added +746 +746
93 Fifth Third Securities, Inc. 0.17% of their portfolio Cincinnati, OH 30,84230.8k $1.6m $1.6m 0.17% Reduced -2.0k -1,998
94 Pekin Hardy Strauss, Inc. 0.24% of their portfolio CHICAGO, IL 30,73030.7k $1.6m $1.6m 0.24% Reduced -1.1k -1,140
95 BlueCrest Capital Management Ltd 0.20% of their portfolio ST HELIER, Y9 30,69330.7k $1.6m $1.6m 0.20% New
96 CREDIT AGRICOLE S A 0.05% of their portfolio Montrouge Cedex, I0 29,58529.6k $1.5m $1.5m 0.05% Reduced -38.1k -38,058
97 Dynamic Advisor Solutions LLC 0.08% of their portfolio PHOENIX, AZ 29,48729.5k $1.5m $1.5m 0.08% Reduced -922 -922
98 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 29,42129.4k $1.5m $1.5m 0.01% Reduced -359 -359
99 HARBOUR INVESTMENTS, INC. 0.07% of their portfolio MADISON, WI 28,38428.4k $1.4m $1.4m 0.07% Added +25.7k +25,673
100 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 28,00828.0k $1.4m $1.4m 0.00% Reduced -37.0k -36,992