Vault-13

SPDR SERIES TRUST XME

S&P METALS MNG · ETP · CUSIP 78464A755

270 institutional holders -3 vs Q4 2023
30,838,54330.8m shares reported held*
$1.9bnreported value*
52 new 83 added 81 reduced 55 sold out net bought ≈ $99.8m (+1.7m 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 ($2.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $60.28. Options: 28 managers hold calls ($477.0m notional), 28 hold puts ($924.4m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 244Q4 22: 282Q1 23: 291Q2 23: 278Q3 23: 266Q4 23: 273Q1 24: 270270Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022244
Q4 2022282
Q1 2023291
Q2 2023278
Q3 2023266
Q4 2023273
Q1 2024270

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 23Q3 23: 118 bought or addedQ3 23: 138 cut or sold outQ3 23Q4 23: 127 bought or addedQ4 23: 129 cut or sold outQ4 23Q1 24: 135 bought or addedQ1 24: 136 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022135110
Q1 2023143136
Q2 2023111157
Q3 2023118138
Q4 2023127129
Q1 2024135136

Calls vs puts

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

CallsPuts
$0$250m$500m$750m$1bnQ2 23 calls: $110.8mQ2 23 puts: $149.0mQ2 23P/C 1.34Q3 23 calls: $198.2mQ3 23 puts: $306.6mQ3 23P/C 1.55Q4 23 calls: $275.4mQ4 23 puts: $892.1mQ4 23P/C 3.24Q1 24 calls: $477.0mQ1 24 puts: $924.4mQ1 24P/C 1.94
Numbers
QuarterCallsPutsP/C
Q2 2023$110.8m$149.0m1.34
Q3 2023$198.2m$306.6m1.55
Q4 2023$275.4m$892.1m3.24
Q1 2024$477.0m$924.4m1.94

Biggest buyers

MORGAN STANLEY Added +1,677,325+1.7m
JPMORGAN CHASE & CO Added +1,396,074+1.4m
GOLDMAN SACHS GROUP INC Added +589,938+589.9k
MEITAV INVESTMENT HOUSE LTD Added +550,000+550.0k
Cartenna Capital, LP New +400,000+400.0k
BNP PARIBAS FINANCIAL MARKETS Added +386,617+386.6k
FLAGSHIP HARBOR ADVISORS, LLC New +314,558+314.6k
CITIGROUP INC Added +212,814+212.8k
UBS Group AG Added +162,511+162.5k
D. E. Shaw & Co., Inc. Added +137,246+137.2k

Biggest sellers

Balyasny Asset Management L.P. Reduced -660,537-660.5k
Temasek Holdings (Private) Ltd Sold out -524,000-524.0k
EHP Funds Inc. Sold out -508,754-508.8k
TWO SIGMA INVESTMENTS, LP Reduced -400,300-400.3k
BANK OF AMERICA CORP /DE/ Reduced -394,718-394.7k
ADAGE CAPITAL PARTNERS GP, L.L.C. Sold out -330,000-330.0k
PRUDENTIAL PLC Reduced -251,856-251.9k
STIFEL FINANCIAL CORP Reduced -218,840-218.8k
Quantitative Investment Management, LLC Reduced -215,044-215.0k
LPL Financial LLC Reduced -198,944-198.9k

Biggest calls

UBS Group AG Added $95.2m1.6m shares
Brevan Howard Capital Management LP New $66.3m1.1m shares
BANK OF AMERICA CORP /DE/ Reduced $50.0m830.0k shares
MILLENNIUM MANAGEMENT LLC Added $49.3m817.8k shares
CITADEL ADVISORS LLC Reduced $40.9m678.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $40.3m668.4k shares
CITIGROUP INC Added $25.6m424.9k shares
PEAK6 Investments LLC Added $25.3m419.0k shares
Paloma Partners Management Co Added $15.7m260.6k shares
BARCLAYS PLC Reduced $8.6m143.1k shares

Biggest puts

Elliott Investment Management L.P. Unchanged $301.4m5.0m shares
MILLENNIUM MANAGEMENT LLC Added $148.0m2.5m shares
Balyasny Asset Management L.P. Added $111.9m1.9m shares
CITIGROUP INC Reduced $74.4m1.2m shares
BARCLAYS PLC Reduced $45.2m749.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $43.5m721.8k shares
CITADEL ADVISORS LLC Reduced $35.2m584.2k shares
Walleye Trading LLC Added $31.1m515.5k shares
Parallax Volatility Advisers, L.P. Reduced $30.1m500.0k shares
Walleye Capital LLC Added $23.2m385.6k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 5,989,4916.0m $361.0m $361.0m 0.01% Added +1.7m +1,677,325
2 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,545,4582.5m $153.4m $153.4m 0.02% Reduced -394.7k -394,718
3 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 2,091,7572.1m $126.1m $126.1m 0.03% Added +589.9k +589,938
4 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,970,9882.0m $118.8m $118.8m 0.01% Added +1.4m +1,396,074
5 BESSEMER GROUP INC 0.17% of their portfolio WOODBRIDGE, NJ 1,535,0251.5m $92.5m $92.5m 0.17% Unchanged
6 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,272,6841.3m $76.7m $76.7m 0.03% Added +162.5k +162,511
7 Harel Insurance Investments & Financial Services Ltd. 1.14% of their portfolio Ramat Gan, L3 975,500975.5k $58.8m $58.8m 1.14% Unchanged
8 Vanderbilt University 12.10% of their portfolio NASHVILLE, TN 964,436964.4k $58.1m $58.1m 12.10% Added +1.7k +1,700
9 SCS Capital Management LLC 0.54% of their portfolio BOSTON, MA 848,068848.1k $51.1m $51.1m 0.54% Reduced -37.2k -37,170
10 NATIXIS 0.27% of their portfolio PARIS, I0 802,788802.8k $48.4m $48.4m 0.27% Unchanged
11 MEITAV INVESTMENT HOUSE LTD 0.68% of their portfolio BENE-BERAQ, L3 576,759576.8k $34.8m $34.8m 0.68% Added +550.0k +550,000
12 TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio NEW YORK, NY 563,900563.9k $34.0m $34.0m 0.08% Reduced -400.3k -400,300
13 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 536,213536.2k $32.3m $32.3m 0.03% Added +212.8k +212,814
14 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 475,635475.6k $28.7m $28.7m 0.06% Added +9.2k +9,235
15 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 463,743463.7k $27.9m $27.9m 0.05% Reduced -23.4k -23,352
16 AFFINITY WEALTH MANAGEMENT LLC 4.88% of their portfolio WILMINGTON, DE 437,092437.1k $26.3m $26.3m 4.88% Added +2.4k +2,409
17 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 420,454420.5k $25.3m $25.3m 0.01% Reduced -198.9k -198,944
18 Cartenna Capital, LP 2.27% of their portfolio STAMFORD, CT 400,000400.0k $24.1m $24.1m 2.27% New
19 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 399,567399.6k $24.1m $24.1m 0.03% Added +386.6k +386,617
20 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 384,401384.4k $23.2m $23.2m 0.01% Reduced -103.8k -103,754
21 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 345,896345.9k $20.9m $20.9m 0.01% Added +60.4k +60,419
22 FLAGSHIP HARBOR ADVISORS, LLC 1.22% of their portfolio BOSTON, MA 314,558314.6k $19.0m $19.0m 1.22% New
23 Quantitative Investment Management, LLC 0.73% of their portfolio CHARLOTTESVILLE, VA 206,491206.5k $12.4m $12.4m 0.73% Reduced -215.0k -215,044
24 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 200,222200.2k $12.1m $12.1m 0.00% Reduced -11.8k -11,759
25 Paloma Partners Management Co 1.62% of their portfolio GREENWICH, CT 185,601185.6k $11.2m $11.2m 1.62% Added +50.3k +50,286
26 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 166,244166.2k $10.0m $10.0m 0.01% Reduced -8.8k -8,847
27 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 155,658155.7k $9.4m $9.4m 0.01% Added +137.2k +137,246
28 Graham Capital Management, L.P. 0.27% of their portfolio ROWAYTON, CT 155,000155.0k $9.3m $9.3m 0.27% Added +131.5k +131,500
29 JENNISON ASSOCIATES LLC 0.01% of their portfolio NEW YORK, NY 143,473143.5k $8.6m $8.6m 0.01% Added +17.2k +17,155
30 PFG Advisors 0.61% of their portfolio Phoenix, AZ 138,050138.1k $8.3m $8.3m 0.61% Added +25.5k +25,524
31 BBJS FINANCIAL ADVISORS, LLC 2.75% of their portfolio SEATTLE, WA 127,967128.0k $7.7m $7.7m 2.75% Added +63.8k +63,764
32 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 120,455120.5k $7.3m $7.3m 0.02% Added +73.3k +73,291
33 Csenge Advisory Group 0.39% of their portfolio CLEARWATER, FL 116,800116.8k $7.0m $7.0m 0.39% New
34 Legend Financial Advisors, Inc. 5.07% of their portfolio PITTSBURGH, PA 116,165116.2k $7.0m $7.0m 5.07% Added +2.0k +2,049
35 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 113,472113.5k $6.8m $6.8m 0.01% Reduced -7.3k -7,265
36 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 113,253113.3k $6.8m $6.8m 0.05% Added +20.5k +20,517
37 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 105,362105.4k $6.4m $6.4m 0.01% Added +79.4k +79,384
38 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 97,28097.3k $5.9m $5.9m 0.00% Reduced -3.2k -3,201
39 Cresset Asset Management, LLC 0.03% of their portfolio Chicago, IL 95,45995.5k $5.8m $5.8m 0.03% Reduced -5.9k -5,889
40 Riggs Asset Managment Co. Inc. 1.66% of their portfolio DALLAS, PA 94,22594.2k $5.7m $5.7m 1.66% Added +4.3k +4,273
41 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 93,35893.4k $5.6m $5.6m 0.00% Reduced -21.7k -21,740
42 FORTEM FINANCIAL GROUP, LLC 2.46% of their portfolio PALM DESERT, CA 92,95993.0k $5.6m $5.6m 2.46% Added +2.3k +2,269
43 Walleye Capital LLC 0.06% of their portfolio NEW YORK, NY 90,35990.4k $5.4m $5.4m 0.06% Added +77.6k +77,575
44 Capital Wealth Planning, LLC 0.06% of their portfolio NAPLES, FL 87,60187.6k $5.3m $5.3m 0.06% Added +19.3k +19,303
45 Mariner, LLC 0.01% of their portfolio Overland Park, KS 86,28586.3k $5.2m $5.2m 0.01% Added +34.8k +34,753
46 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 85,99486.0k $5.2m $5.2m 0.00% Reduced -45.2k -45,177
47 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 85,70085.7k $5.2m $5.2m 0.01% Reduced -35.8k -35,809
48 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 81,86681.9k $4.9m $4.9m 0.00% Reduced -7.3k -7,265
49 BOOTHBAY FUND MANAGEMENT, LLC 0.14% of their portfolio NEW YORK, NY 81,16081.2k $4.9m $4.9m 0.14% New
50 ARS Investment Partners, LLC 0.47% of their portfolio New York, NY 78,25378.3k $4.7m $4.7m 0.47% Added +4.8k +4,833
51 Allianz SE 0.15% of their portfolio Munich, 2M 77,57077.6k $4.7m $4.7m 0.15% First filing
52 FOCUS Wealth Advisors, LLC 2.50% of their portfolio HOUSTON, TX 77,54977.5k $4.7m $4.7m 2.50% Added +8.2k +8,185
53 Fifth Third Securities, Inc. 0.45% of their portfolio Cincinnati, OH 77,41977.4k $4.7m $4.7m 0.45% Added +16.5k +16,508
54 SPC Financial, Inc. 0.40% of their portfolio ROCKVILLE, MD 71,25171.3k $4.3m $4.3m 0.40% Added +3.8k +3,808
55 OKABENA INVESTMENT SERVICES INC 1.41% of their portfolio MINNEAPOLIS, MN 70,07070.1k $4.2m $4.2m 1.41% Unchanged
56 Man Group plc 0.01% of their portfolio LONDON, X0 70,02470.0k $4.2m $4.2m 0.01% Reduced -18.5k -18,457
57 Private Wealth Advisors, LLC 1.71% of their portfolio Fresno, CA 67,70767.7k $4.1m $4.1m 1.71% Reduced -1.7k -1,687
58 Omnia Family Wealth, LLC 1.79% of their portfolio AVENTURA, FL 63,39363.4k $3.8m $3.8m 1.79% New
59 Wellington Shields Capital Management, LLC 0.68% of their portfolio NEW YORK, NY 59,69059.7k $3.6m $3.6m 0.68% Added +5.6k +5,561
60 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 57,12057.1k $3.4m $3.4m 0.00% Reduced -218.8k -218,840
61 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 56,80456.8k $3.4m $3.4m 0.01% Reduced -660.5k -660,537
62 BOS Asset Management, LLC 1.79% of their portfolio SPRINGFIELD, IL 56,55356.6k $3.4m $3.4m 1.79% Added +26.4k +26,360
63 PRUDENTIAL PLC 0.03% of their portfolio LONDON, X0 50,86050.9k $3.1m $3.1m 0.03% Reduced -251.9k -251,856
64 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 50,80050.8k $3.1m $3.1m 0.00% Reduced -50.7k -50,700
65 Ted Buchan & Co 1.88% of their portfolio San Diego, CA 50,74450.7k $3.1m $3.1m 1.88% Added +3.0k +2,958
66 Silver Coast Investments LLC 1.21% of their portfolio SAN DIEGO, X1 49,25549.3k $3.0m $3.0m 1.21% Added +3.0k +3,033
67 SCOTIA CAPITAL INC. 0.02% of their portfolio TORONTO, A6 48,86848.9k $2.9m $2.9m 0.02% Reduced -2.1k -2,109
68 Black Swift Group, LLC 0.70% of their portfolio BOULDER, CO 45,00045.0k $2.7m $2.7m 0.70% New
69 CUMBERLAND ADVISORS INC 1.01% of their portfolio SARASOTA, FL 44,83144.8k $2.7m $2.7m 1.01% Reduced -166.5k -166,460
70 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 43,14643.1k $2.6m $2.6m 0.01% Added +4.4k +4,359
71 Strategies Wealth Advisors, LLC 0.38% of their portfolio GRAND RAPIDS, MI 41,14841.1k $2.5m $2.5m 0.38% Reduced -32.8k -32,845
72 Bridge Advisory, LLC 1.23% of their portfolio PASADENA, CA 41,03341.0k $2.5m $2.5m 1.23% Added +32.8k +32,843
73 HERBST GROUP, LLC 1.48% of their portfolio WESTPORT, CT 39,64639.6k $2.4m $2.4m 1.48% Reduced -930 -930
74 Greenline Partners, LLC 0.37% of their portfolio NEW YORK, NY 38,40438.4k $2.3m $2.3m 0.37% Unchanged
75 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 37,78437.8k $2.3m $2.3m 0.00% Reduced -35.9k -35,917
76 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 37,16437.2k $2.2m $2.2m 0.00% New
77 OVERSEA-CHINESE BANKING Corp Ltd 0.07% of their portfolio SINGAPORE, U0 36,77636.8k $2.2m $2.2m 0.07% Unchanged
78 Veltria Advisors Corp. 0.55% of their portfolio MIAMI, FL 35,11735.1k $2.1m $2.1m 0.55% Unchanged
79 K2 PRINCIPAL FUND, L.P. 0.49% of their portfolio TORONTO, A6 34,25034.2k $2.1m $2.1m 0.49% New
80 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 34,15234.2k $2.1m $2.1m 0.01% Reduced -70.3k -70,256
81 Lake Hills Wealth Management, LLC 1.84% of their portfolio AUSTIN, TX 33,96834.0k $2.0m $2.0m 1.84% New
82 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 33,53933.5k $2.0m $2.0m 0.01% Added +3.9k +3,900
83 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 32,47432.5k $2.0m $2.0m 0.01% Added +615 +615
84 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 31,75031.8k $1.9m $1.9m 0.00% Reduced -14.2k -14,218
85 MONTAG A & ASSOCIATES INC 0.09% of their portfolio ATLANTA, GA 30,20130.2k $1.8m $1.8m 0.09% Reduced -6.5k -6,450
86 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 29,90529.9k $1.8m $1.8m 0.01% Added +1.3k +1,261
87 Pekin Hardy Strauss, Inc. 0.25% of their portfolio CHICAGO, IL 29,78029.8k $1.8m $1.8m 0.25% Reduced -600 -600
88 HARBOUR INVESTMENTS, INC. 0.06% of their portfolio MADISON, WI 29,48829.5k $1.8m $1.8m 0.06% Added +1.1k +1,120
89 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 29,19429.2k $1.8m $1.8m 0.00% Reduced -398 -398
90 Great Diamond Partners, LLC 0.40% of their portfolio Portland, ME 29,19429.2k $1.8m $1.8m 0.40% Added +557 +557
91 Dynamic Advisor Solutions LLC 0.06% of their portfolio PHOENIX, AZ 28,87828.9k $1.7m $1.7m 0.06% Added +102 +102
92 Snowden Capital Advisors LLC 0.05% of their portfolio New York, NY 28,80028.8k $1.7m $1.7m 0.05% Added +5.0k +4,978
93 IHT Wealth Management, LLC 0.07% of their portfolio Chicago, IL 28,45728.5k $1.7m $1.7m 0.07% Reduced -982 -982
94 Retireful, LLC 0.67% of their portfolio HASLETT, MI 26,59126.6k $1.6m $1.6m 0.67% New
95 180 WEALTH ADVISORS, LLC 0.28% of their portfolio FEDERAL WAY, WA 25,61625.6k $1.5m $1.5m 0.28% Added +3.5k +3,500
96 Walleye Trading LLC 0.03% of their portfolio NEW YORK, NY 25,46025.5k $1.5m $1.5m 0.03% New
97 U.S. Capital Wealth Advisors, LLC 0.06% of their portfolio AUSTIN, TX 25,33625.3k $1.5m $1.5m 0.06% New
98 Family Firm, Inc. 0.37% of their portfolio BETHESDA, MD 25,21525.2k $1.5m $1.5m 0.37% Added +2.0k +2,019
99 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 25,16725.2k $1.5m $1.5m 0.00% New
100 Heartwood Wealth Advisors LLC 0.19% of their portfolio RICHMOND, VA 25,11725.1k $1.5m $1.5m 0.19% Reduced -580 -580