Vault-13

SPDR SERIES TRUST XME

S&P METALS MNG · ETP · CUSIP 78464A755

259 institutional holders -37 vs Q2 2024
23,687,86223.7m shares reported held*
$1.5bnreported value*
31 new 53 added 108 reduced 71 sold out net sold ≈ $187.1m (-3.0m 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 ($1.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $63.81. Options: 23 managers hold calls ($652.6m notional), 29 hold puts ($828.6m).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 244Q4 22: 282Q1 23: 291Q2 23: 278Q3 23: 266Q4 23: 273Q1 24: 270Q2 24: 296Q3 24: 259259Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022244
Q4 2022282
Q1 2023291
Q2 2023278
Q3 2023266
Q4 2023273
Q1 2024270
Q2 2024296
Q3 2024259

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 outQ1 23: 143 bought or addedQ1 23: 136 cut or sold outQ1 23Q2 23: 111 bought or addedQ2 23: 157 cut or sold outQ3 23: 118 bought or addedQ3 23: 138 cut or sold outQ3 23Q4 23: 127 bought or addedQ4 23: 129 cut or sold outQ1 24: 135 bought or addedQ1 24: 136 cut or sold outQ1 24Q2 24: 155 bought or addedQ2 24: 117 cut or sold outQ3 24: 84 bought or addedQ3 24: 179 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022135110
Q1 2023143136
Q2 2023111157
Q3 2023118138
Q4 2023127129
Q1 2024135136
Q2 2024155117
Q3 202484179

Calls vs puts

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

CallsPuts
$0$250m$500m$750m$1bnQ4 23 calls: $275.4mQ4 23 puts: $892.1mQ4 23P/C 3.24Q1 24 calls: $477.0mQ1 24 puts: $924.4mQ1 24P/C 1.94Q2 24 calls: $157.5mQ2 24 puts: $578.8mQ2 24P/C 3.67Q3 24 calls: $652.6mQ3 24 puts: $828.6mQ3 24P/C 1.27
Numbers
QuarterCallsPutsP/C
Q4 2023$275.4m$892.1m3.24
Q1 2024$477.0m$924.4m1.94
Q2 2024$157.5m$578.8m3.67
Q3 2024$652.6m$828.6m1.27

Biggest buyers

Clal Insurance Enterprises Holdings Ltd New +2,100,000+2.1m
BARCLAYS PLC Added +998,526+998.5k
HSBC HOLDINGS PLC Added +739,319+739.3k
PointState Capital LP New +620,252+620.3k
GOLDMAN SACHS GROUP INC Added +537,183+537.2k
BNP PARIBAS FINANCIAL MARKETS Added +330,659+330.7k
RAYMOND JAMES & ASSOCIATES Added +224,151+224.2k
JPMORGAN CHASE & CO Added +216,672+216.7k
Financial Advocates Investment Management New +198,941+198.9k
CITIGROUP INC Added +131,050+131.1k

Biggest sellers

BESSEMER GROUP INC Sold out -1,535,025-1.5m
MEITAV INVESTMENT HOUSE LTD Reduced -1,018,145-1.0m
EHP Funds Inc. Sold out -745,500-745.5k
Horizon Investments, LLC Reduced -531,250-531.2k
UBS Group AG Reduced -506,699-506.7k
AFFINITY WEALTH MANAGEMENT LLC Sold out -505,187-505.2k
BANK OF AMERICA CORP /DE/ Reduced -319,649-319.6k
SCHRODER INVESTMENT MANAGEMENT GROUP Sold out -267,367-267.4k
TWO SIGMA INVESTMENTS, LP Sold out -259,300-259.3k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -248,234-248.2k

Biggest calls

BANK OF MONTREAL /CAN/ New $226.6m3.5m shares
JANE STREET GROUP, LLC New $215.7m3.4m shares
Caption Management, LLC New $29.0m454.5k shares
PEAK6 Investments LLC Added $28.4m445.4k shares
Squarepoint Ops LLC Reduced $25.7m403.8k shares
CITADEL ADVISORS LLC Reduced $22.2m349.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $17.8m280.0k shares
Centiva Capital, LP Added $14.6m229.8k shares
Paloma Partners Management Co Added $10.5m164.9k shares
CAPSTONE INVESTMENT ADVISORS, LLC Added $10.5m164.9k shares

Biggest puts

Elliott Investment Management L.P. Reduced $261.3m4.1m shares
JANE STREET GROUP, LLC New $155.9m2.4m shares
Balyasny Asset Management L.P. Unchanged $74.6m1.2m shares
SCOPUS ASSET MANAGEMENT, L.P. New $51.0m800.0k shares
CITADEL ADVISORS LLC Added $48.6m763.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $38.4m602.0k shares
Walleye Trading LLC Reduced $33.7m528.6k shares
MILLENNIUM MANAGEMENT LLC Reduced $31.1m487.7k shares
Squarepoint Ops LLC Reduced $27.4m429.9k shares
UBS Group AG Added $19.1m299.3k 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, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,381,3472.4m $151.7m $151.7m 0.01% Added +128.0k +128,006
2 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 2,225,3112.2m $141.8m $141.8m 0.03% Added +537.2k +537,183
3 Clal Insurance Enterprises Holdings Ltd 1.18% of their portfolio Tel-aviv, L3 2,100,0002.1m $133.8m $133.8m 1.18% New
4 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,976,4612.0m $125.9m $125.9m 0.01% Reduced -319.6k -319,649
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,249,4041.2m $79.6m $79.6m 0.00% Added +216.7k +216,672
6 BARCLAYS PLC 0.03% of their portfolio LONDON, X0 1,213,1971.2m $77.3m $77.3m 0.03% Added +998.5k +998,526
7 Vanderbilt University 11.42% of their portfolio NASHVILLE, TN 967,640967.6k $61.7m $61.7m 11.42% Added +1.6k +1,604
8 Harel Insurance Investments & Financial Services Ltd. 1.03% of their portfolio Ramat Gan, L3 935,500935.5k $59.6m $59.6m 1.03% Unchanged
9 NATIXIS 0.31% of their portfolio PARIS, I0 802,788802.8k $51.2m $51.2m 0.31% Unchanged
10 HSBC HOLDINGS PLC 0.03% of their portfolio LONDON, X0 743,221743.2k $47.3m $47.3m 0.03% Added +739.3k +739,319
11 PointState Capital LP 1.08% of their portfolio New York, NY 620,252620.3k $39.5m $39.5m 1.08% New
12 SCS Capital Management LLC 0.59% of their portfolio BOSTON, MA 456,468456.5k $29.1m $29.1m 0.59% Added +61.8k +61,759
13 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 429,702429.7k $27.4m $27.4m 0.03% Added +330.7k +330,659
14 UBS Group AG 0.01% of their portfolio ZURICH, V8 428,968429.0k $27.3m $27.3m 0.01% Reduced -506.7k -506,699
15 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 410,899410.9k $26.2m $26.2m 0.01% Added +30.8k +30,799
16 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 409,521409.5k $26.1m $26.1m 0.06% Reduced -57.0k -57,028
17 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 369,920369.9k $23.6m $23.6m 0.01% Reduced -179.1k -179,107
18 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 305,812305.8k $19.5m $19.5m 0.01% Added +224.2k +224,151
19 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 291,404291.4k $18.6m $18.6m 0.02% Added +131.1k +131,050
20 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 253,981254.0k $16.2m $16.2m 0.02% Reduced -235.3k -235,311
21 MIRAE ASSET SECURITIES (USA) INC. 0.92% of their portfolio NEW YORK, NY 250,000250.0k $15.9m $15.9m 0.92% Unchanged
22 Financial Advocates Investment Management 1.03% of their portfolio OLYMPIA, WA 198,941198.9k $18.2m $18.2m 1.03% New
23 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 193,347193.3k $12.3m $12.3m 0.00% Reduced -17.1k -17,078
24 JENNISON ASSOCIATES LLC 0.01% of their portfolio NEW YORK, NY 163,101163.1k $10.4m $10.4m 0.01% Reduced -974 -974
25 BBJS FINANCIAL ADVISORS, LLC 2.99% of their portfolio SEATTLE, WA 131,660131.7k $8.4m $8.4m 2.99% Reduced -43.0k -43,042
26 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 125,849125.8k $8.0m $8.0m 0.04% Reduced -19.8k -19,788
27 Legend Financial Advisors, Inc. 5.42% of their portfolio PITTSBURGH, PA 123,266123.3k $7.9m $7.9m 5.42% Added +7.5k +7,462
28 Quantitative Investment Management, LLC 0.73% of their portfolio CHARLOTTESVILLE, VA 115,803115.8k $7.4m $7.4m 0.73% New
29 Cresset Asset Management, LLC 0.02% of their portfolio Chicago, IL 96,55196.6k $6.2m $6.2m 0.02% Reduced -2.6k -2,601
30 FORTEM FINANCIAL GROUP, LLC 2.38% of their portfolio PALM DESERT, CA 91,74291.7k $5.8m $5.8m 2.38% Added +492 +492
31 Tradewinds, LLC. 1.77% of their portfolio RALEIGH, NC 90,37090.4k $5.8m $5.8m 1.77% Added +918 +918
32 ARS Investment Partners, LLC 0.49% of their portfolio New York, NY 86,13786.1k $5.5m $5.5m 0.49% Added +4.0k +3,968
33 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 84,80084.8k $5.4m $5.4m 0.01% Reduced -15.2k -15,226
34 Allianz SE 0.14% of their portfolio Munich, 2M 83,57083.6k $5.3m $5.3m 0.14% Reduced -1.0k -1,000
35 Family Firm, Inc. 0.46% of their portfolio BETHESDA, MD 82,09282.1k $2.1m $2.1m 0.46% Added +5.5k +5,517
36 Ted Buchan & Co 2.40% of their portfolio San Diego, CA 79,43779.4k $5.1m $5.1m 2.40% Added +17.9k +17,931
37 FOCUS Wealth Advisors, LLC 2.51% of their portfolio HOUSTON, TX 79,07479.1k $5.0m $5.0m 2.51% Reduced -1.2k -1,158
38 Schonfeld Strategic Advisors LLC 0.04% of their portfolio NEW YORK, NY 76,39576.4k $4.9m $4.9m 0.04% New
39 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 75,60275.6k $4.8m $4.8m 0.00% Reduced -4.8k -4,814
40 Fifth Third Securities, Inc. 0.45% of their portfolio Cincinnati, OH 75,12175.1k $4.8m $4.8m 0.45% Reduced -3.0k -3,016
41 OKABENA INVESTMENT SERVICES INC 1.26% of their portfolio MINNEAPOLIS, MN 70,07070.1k $4.5m $4.5m 1.26% Unchanged
42 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 67,48367.5k $4.3m $4.3m 0.00% Reduced -64.8k -64,834
43 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 66,05666.1k $4.2m $4.2m 0.01% Reduced -12.0k -11,995
44 Caption Management, LLC 0.43% of their portfolio OKLAHOMA CITY, OK 63,25063.2k $4.0m $4.0m 0.43% New
45 Yong Rong (HK) Asset Management Ltd 1.12% of their portfolio SHEUNG WAN, K3 60,00060.0k $3.8m $3.8m 1.12% Unchanged
46 Mariner, LLC 0.01% of their portfolio Overland Park, KS 58,69758.7k $3.7m $3.7m 0.01% Reduced -46.7k -46,722
47 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 53,80053.8k $3.4m $3.4m 0.01% Added +14.2k +14,200
48 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 52,78252.8k $3.4m $3.4m 0.00% Reduced -29.5k -29,507
49 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 52,64852.6k $3.4m $3.4m 0.02% Reduced -484 -484
50 Silver Coast Investments LLC 1.23% of their portfolio SAN DIEGO, X1 52,28452.3k $3.3m $3.3m 1.23% Added +5.0k +4,961
51 BOS Asset Management, LLC 1.23% of their portfolio SPRINGFIELD, IL 52,23052.2k $3.3m $3.3m 1.23% Added +5.6k +5,608
52 Private Wealth Advisors, LLC 1.34% of their portfolio Fresno, CA 51,39751.4k $3.3m $3.3m 1.34% Reduced -113 -113
53 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 51,32751.3k $3.3m $3.3m 0.01% Reduced -137.3k -137,310
54 Wellington Shields Capital Management, LLC 0.56% of their portfolio NEW YORK, NY 50,86950.9k $3.2m $3.2m 0.56% Reduced -11.7k -11,729
55 Veltria Advisors Corp. 1.25% of their portfolio MIAMI, FL 49,89749.9k $3.2m $3.2m 1.25% Unchanged
56 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 47,54447.5k $3.0m $3.0m 0.00% Reduced -248.2k -248,234
57 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 45,12945.1k $2.9m $2.9m 0.01% Reduced -21.7k -21,671
58 Lake Hills Wealth Management, LLC 1.88% of their portfolio AUSTIN, TX 44,05044.0k $2.8m $2.8m 1.88% Reduced -2.1k -2,099
59 SCOTIA CAPITAL INC. 0.01% of their portfolio TORONTO, A6 43,32043.3k $2.8m $2.8m 0.01% Reduced -8.8k -8,788
60 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 40,21140.2k $2.6m $2.6m 0.00% Reduced -134.3k -134,331
61 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 38,50638.5k $2.5m $2.5m 0.01% Added +6.7k +6,683
62 Greenline Partners, LLC 0.35% of their portfolio NEW YORK, NY 38,32738.3k $2.4m $2.4m 0.35% Reduced -77 -77
63 HERBST GROUP, LLC 1.50% of their portfolio WESTPORT, CT 37,98138.0k $2.4m $2.4m 1.50% Reduced -795 -795
64 Bridge Advisory, LLC 1.15% of their portfolio PASADENA, CA 37,88337.9k $2.4m $2.4m 1.15% Reduced -626 -626
65 OVERSEA-CHINESE BANKING Corp Ltd 0.07% of their portfolio SINGAPORE, U0 36,77636.8k $2.3m $2.3m 0.07% Unchanged
66 CAPSTONE INVESTMENT ADVISORS, LLC 0.04% of their portfolio NEW YORK, NY 34,69234.7k $2.2m $2.2m 0.04% Added +34.7k +34,691
67 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 33,22933.2k $2.1m $2.1m 0.01% Added +1.8k +1,800
68 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 33,05533.1k $2.1m $2.1m 0.01% Reduced -1.1k -1,063
69 Man Group plc 0.01% of their portfolio LONDON, X0 31,38931.4k $2.0m $2.0m 0.01% New
70 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 31,14231.1k $2.0m $2.0m 0.00% Added +550 +550
71 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 31,10731.1k $2.0m $2.0m 0.00% Added +22.5k +22,512
72 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 30,66830.7k $2.0m $2.0m 0.01% Added +18.4k +18,353
73 180 WEALTH ADVISORS, LLC 0.31% of their portfolio FEDERAL WAY, WA 30,60230.6k $1.9m $1.9m 0.31% Added +2.2k +2,220
74 Dynamic Advisor Solutions LLC 0.06% of their portfolio PHOENIX, AZ 29,38129.4k $1.9m $1.9m 0.06% Reduced -318 -318
75 Pekin Hardy Strauss, Inc. 0.24% of their portfolio CHICAGO, IL 29,28029.3k $1.9m $1.9m 0.24% Unchanged
76 Snowden Capital Advisors LLC 0.05% of their portfolio New York, NY 28,99029.0k $1.8m $1.8m 0.05% Unchanged
77 Compagnie Lombard Odier SCmA 0.03% of their portfolio 1204 GENEVA, V8 28,20028.2k $1.8m $1.8m 0.03% Unchanged
78 Heartwood Wealth Advisors LLC 0.19% of their portfolio RICHMOND, VA 26,43126.4k $1.7m $1.7m 0.19% Added +1.3k +1,271
79 IHT Wealth Management, LLC 0.05% of their portfolio Chicago, IL 26,36126.4k $1.7m $1.7m 0.05% Reduced -1.8k -1,761
80 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 25,44925.4k $1.6m $1.6m 0.00% Added +929 +929
81 PINNACLE ASSOCIATES LTD 0.03% of their portfolio NEW YORK, NY 24,71324.7k $1.5m $1.5m 0.03% Added +2.4k +2,382
82 Atria Investments, Inc 0.02% of their portfolio Charlotte, NC 24,24124.2k $1.5m $1.5m 0.02% Added +5.4k +5,405
83 EVOKE WEALTH, LLC 0.04% of their portfolio Los Angeles, CA 23,94223.9k $1.5m $1.5m 0.04% New
84 HARBOUR INVESTMENTS, INC. 0.05% of their portfolio MADISON, WI 23,64823.6k $1.5m $1.5m 0.05% Added +639 +639
85 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 22,93122.9k $1.5m $1.5m 0.00% Reduced -266 -266
86 Daiwa Securities Group Inc. 0.01% of their portfolio CHIYODA-KU,TOKYO, M0 22,18022.2k $1.4m $1.4m 0.01% Unchanged
87 Capital Wealth Planning, LLC 0.01% of their portfolio NAPLES, FL 22,07722.1k $1.4m $1.4m 0.01% Reduced -24.7k -24,717
88 Black Maple Capital Management LP 1.01% of their portfolio MILWAUKEE, WI 21,00021.0k $1.3m $1.3m 1.01% Unchanged
89 TD Waterhouse Canada Inc. 0.01% of their portfolio TORONTO, A6 20,52520.5k $1.3m $1.3m 0.01% Added +1.9k +1,852
90 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 19,89819.9k $1.2m $1.2m 0.02% Unchanged
91 IFP Advisors, Inc 0.04% of their portfolio TAMPA, FL 19,59019.6k $1.2m $1.2m 0.04% Reduced -3.4k -3,425
92 K.J. Harrison & Partners Inc 0.19% of their portfolio TORONTO, A6 18,90018.9k $1.3m $1.3m 0.19% Unchanged
93 Everstar Asset Management, LLC 0.83% of their portfolio MOORESVILLE, NC 18,89818.9k $1.2m $1.2m 0.83% First filing
94 PRUDENTIAL PLC 0.01% of their portfolio LONDON, X0 18,52018.5k $1.2m $1.2m 0.01% Reduced -59.0k -59,040
95 S. R. Schill & Associates 0.76% of their portfolio MERCER ISLAND, WA 16,91016.9k $1.1m $1.1m 0.76% Reduced -4.6k -4,620
96 INDEPENDENT FINANCIAL GROUP, LLC 0.04% of their portfolio SAN DIEGO, CA 16,70616.7k $1.1m $1.1m 0.04% Added +5.6k +5,608
97 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 16,45716.5k $1.0m $1.0m 0.01% Reduced -29.6k -29,626
98 WOLVERINE TRADING, LLC 0.03% of their portfolio CHICAGO, IL 16,38216.4k $1.1m $1.1m 0.03% New
99 Merit Financial Group, LLC 0.02% of their portfolio ALPHARETTA, GA 15,73615.7k $1.0m $1.0m 0.02% Reduced -90 -90
100 Capital Wealth Alliance, LLC 0.57% of their portfolio Scottsdale, AZ 15,41115.4k $982.0k $982.0k 0.57% Reduced -3.5k -3,525