Vault-13

SPDR SERIES TRUST XME

S&P METALS MNG · ETP · CUSIP 78464A755

277 institutional holders +18 vs Q3 2024
21,237,69621.2m shares reported held*
$1.2bnreported value*
41 new 94 added 67 reduced 30 sold out net sold ≈ $134.0m (-2.4m 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 ($373.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $57.03. Options: 25 managers hold calls ($231.9m notional), 22 hold puts ($614.7m).

Trends to Q4 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: 259Q4 24: 277277Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022244
Q4 2022282
Q1 2023291
Q2 2023278
Q3 2023266
Q4 2023273
Q1 2024270
Q2 2024296
Q3 2024259
Q4 2024277

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 23: 143 bought or addedQ1 23: 136 cut or sold outQ2 23: 111 bought or addedQ2 23: 157 cut or sold outQ2 23Q3 23: 118 bought or addedQ3 23: 138 cut or sold outQ4 23: 127 bought or addedQ4 23: 129 cut or sold outQ4 23Q1 24: 135 bought or addedQ1 24: 136 cut or sold outQ2 24: 155 bought or addedQ2 24: 117 cut or sold outQ2 24Q3 24: 84 bought or addedQ3 24: 179 cut or sold outQ4 24: 135 bought or addedQ4 24: 97 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023143136
Q2 2023111157
Q3 2023118138
Q4 2023127129
Q1 2024135136
Q2 2024155117
Q3 202484179
Q4 202413597

Calls vs puts

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

CallsPuts
$0$250m$500m$750m$1bnQ1 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 1.27Q4 24 calls: $231.9mQ4 24 puts: $614.7mQ4 24P/C 2.65
Numbers
QuarterCallsPutsP/C
Q1 2024$477.0m$924.4m1.94
Q2 2024$157.5m$578.8m3.67
Q3 2024$652.6m$828.6m1.27
Q4 2024$231.9m$614.7m2.65

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +481,555+481.6k
Squarepoint Ops LLC New +314,514+314.5k
CITADEL ADVISORS LLC New +288,747+288.7k
UBS Group AG Added +211,413+211.4k
MILLENNIUM MANAGEMENT LLC Added +170,490+170.5k
CAPITAL FUND MANAGEMENT S.A. New +126,727+126.7k
JANE STREET GROUP, LLC Added +110,819+110.8k
EHP Funds Inc. New +104,100+104.1k
HAP Trading, LLC New +89,567+89.6k
HighTower Advisors, LLC Added +85,382+85.4k

Biggest sellers

JPMORGAN CHASE & CO Reduced -1,187,304-1.2m
GOLDMAN SACHS GROUP INC Reduced -911,022-911.0k
HSBC HOLDINGS PLC Reduced -739,367-739.4k
PointState Capital LP Sold out -620,252-620.3k
BARCLAYS PLC Reduced -371,152-371.2k
BNP PARIBAS FINANCIAL MARKETS Reduced -250,694-250.7k
MIRAE ASSET SECURITIES (USA) INC. Sold out -250,000-250.0k
Quantitative Investment Management, LLC Sold out -115,803-115.8k
WELLS FARGO & COMPANY/MN Reduced -115,273-115.3k
MORGAN STANLEY Reduced -94,283-94.3k

Biggest calls

PEAK6 LLC First filing $32.6m575.1k shares
MILLENNIUM MANAGEMENT LLC Added $31.4m553.7k shares
CAPSTONE INVESTMENT ADVISORS, LLC Added $29.0m511.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $26.2m462.0k shares
Squarepoint Ops LLC Reduced $22.8m401.0k shares
CITADEL ADVISORS LLC Reduced $11.6m203.6k shares
JANE STREET GROUP, LLC Reduced $10.8m190.1k shares
BARCLAYS PLC New $9.4m164.9k shares
WELLS FARGO & COMPANY/MN New $8.7m153.4k shares
Walleye Trading LLC Added $6.2m109.9k shares

Biggest puts

Elliott Investment Management L.P. Reduced $153.2m2.7m shares
JANE STREET GROUP, LLC Reduced $130.7m2.3m shares
Balyasny Asset Management L.P. Unchanged $66.5m1.2m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $46.5m818.7k shares
CITADEL ADVISORS LLC Reduced $42.7m751.6k shares
Squarepoint Ops LLC Added $35.6m626.5k shares
MILLENNIUM MANAGEMENT LLC Added $31.4m553.6k shares
Walleye Trading LLC Reduced $27.6m485.9k shares
CAPSTONE INVESTMENT ADVISORS, LLC Added $19.7m346.8k shares
CITIGROUP INC New $13.1m230.0k 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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,458,0162.5m $139.5m $139.5m 0.01% Added +481.6k +481,555
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,287,0642.3m $129.8m $129.8m 0.01% Reduced -94.3k -94,283
3 Clal Insurance Enterprises Holdings Ltd 1.07% of their portfolio Tel-aviv, L3 2,100,0002.1m $119.2m $119.2m 1.07% Unchanged
4 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,314,2891.3m $74.6m $74.6m 0.01% Reduced -911.0k -911,022
5 Vanderbilt University 10.78% of their portfolio NASHVILLE, TN 968,735968.7k $55.0m $55.0m 10.78% Added +1.1k +1,095
6 Harel Insurance Investments & Financial Services Ltd. 0.87% of their portfolio Ramat Gan, L3 935,500935.5k $53.1m $53.1m 0.87% Unchanged
7 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 842,045842.0k $47.8m $47.8m 0.02% Reduced -371.2k -371,152
8 NATIXIS 0.31% of their portfolio PARIS, I0 802,788802.8k $45.6m $45.6m 0.31% Unchanged
9 UBS Group AG 0.01% of their portfolio ZURICH, V8 640,381640.4k $36.3m $36.3m 0.01% Added +211.4k +211,413
10 SCS Capital Management LLC 0.52% of their portfolio BOSTON, MA 446,644446.6k $25.3m $25.3m 0.52% Reduced -9.8k -9,824
11 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 435,022435.0k $24.7m $24.7m 0.01% Added +65.1k +65,102
12 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 407,690407.7k $23.1m $23.1m 0.05% Reduced -1.8k -1,831
13 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 369,740369.7k $21.0m $21.0m 0.01% First filing
14 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 339,363339.4k $19.3m $19.3m 0.03% Added +85.4k +85,382
15 Squarepoint Ops LLC 0.05% of their portfolio NEW YORK, NY 314,514314.5k $17.8m $17.8m 0.05% New
16 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 295,626295.6k $16.8m $16.8m 0.00% Reduced -115.3k -115,273
17 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 288,747288.7k $16.4m $16.4m 0.02% New
18 Financial Advocates Investment Management 1.22% of their portfolio OLYMPIA, WA 235,632235.6k $21.5m $21.5m 1.22% Added +36.7k +36,691
19 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 197,662197.7k $11.2m $11.2m 0.01% Reduced -93.7k -93,742
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 193,457193.5k $11.0m $11.0m 0.00% Added +110 +110
21 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 183,295183.3k $10.4m $10.4m 0.01% Added +170.5k +170,490
22 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 179,008179.0k $10.2m $10.2m 0.01% Reduced -250.7k -250,694
23 CAPITAL FUND MANAGEMENT S.A. 0.07% of their portfolio PARIS, I0 126,727126.7k $7.2m $7.2m 0.07% New
24 Legend Financial Advisors, Inc. 4.98% of their portfolio PITTSBURGH, PA 124,406124.4k $7.1m $7.1m 4.98% Added +1.1k +1,140
25 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 122,091122.1k $6.9m $6.9m 0.04% Reduced -3.8k -3,758
26 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 116,375116.4k $6.6m $6.6m 0.01% Added +110.8k +110,819
27 EHP Funds Inc. 6.10% of their portfolio TORONTO, Z4 104,100104.1k $5.9m $5.9m 6.10% New
28 JENNISON ASSOCIATES LLC 0.00% of their portfolio NEW YORK, NY 98,82598.8k $5.6m $5.6m 0.00% Reduced -64.3k -64,276
29 Cresset Asset Management, LLC 0.03% of their portfolio Chicago, IL 94,56094.6k $5.4m $5.4m 0.03% Reduced -2.0k -1,991
30 GTS SECURITIES LLC 0.25% of their portfolio NEW YORK, NY 91,68191.7k $5.2m $5.2m 0.25% Added +79.9k +79,902
31 FORTEM FINANCIAL GROUP, LLC 2.02% of their portfolio PALM DESERT, CA 91,66791.7k $5.2m $5.2m 2.02% Reduced -75 -75
32 HAP Trading, LLC 1.70% of their portfolio NEW YORK, NY 89,56789.6k $5.1m $5.1m 1.70% New
33 Capital Wealth Planning, LLC 0.05% of their portfolio NAPLES, FL 87,64487.6k $5.0m $5.0m 0.05% Added +65.6k +65,567
34 Tradewinds, LLC. 1.47% of their portfolio RALEIGH, NC 85,26385.3k $5.3m $5.3m 1.47% Reduced -5.1k -5,107
35 ARS Investment Partners, LLC 0.44% of their portfolio New York, NY 85,16085.2k $4.8m $4.8m 0.44% Reduced -977 -977
36 Family Firm, Inc. 0.41% of their portfolio BETHESDA, MD 81,37981.4k $1.8m $1.8m 0.41% Reduced -713 -713
37 Ted Buchan & Co 2.17% of their portfolio San Diego, CA 80,99881.0k $4.6m $4.6m 2.17% Added +1.6k +1,561
38 Fifth Third Securities, Inc. 0.39% of their portfolio Cincinnati, OH 80,06580.1k $4.5m $4.5m 0.39% Added +4.9k +4,944
39 FOCUS Wealth Advisors, LLC 2.36% of their portfolio HOUSTON, TX 78,50478.5k $4.5m $4.5m 2.36% Reduced -570 -570
40 HERBST GROUP, LLC 2.75% of their portfolio WESTPORT, CT 77,81977.8k $4.4m $4.4m 2.75% Added +39.8k +39,838
41 CAPSTONE INVESTMENT ADVISORS, LLC 0.04% of their portfolio NEW YORK, NY 77,62977.6k $4.4m $4.4m 0.04% Added +42.9k +42,937
42 Allianz SE 0.11% of their portfolio Munich, 2M 77,07077.1k $4.3m $4.3m 0.11% Reduced -6.5k -6,500
43 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 76,28976.3k $4.3m $4.3m 0.00% Added +687 +687
44 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 70,51770.5k $4.0m $4.0m 0.01% Added +4.5k +4,461
45 OKABENA INVESTMENT SERVICES INC 1.11% of their portfolio MINNEAPOLIS, MN 70,07070.1k $4.0m $4.0m 1.11% Unchanged
46 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 66,78666.8k $3.8m $3.8m 0.00% Added +35.6k +35,644
47 BOS Asset Management, LLC 1.30% of their portfolio SPRINGFIELD, IL 64,13164.1k $3.6m $3.6m 1.30% Added +11.9k +11,901
48 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 62,10062.1k $3.5m $3.5m 0.00% Reduced -1.2m -1,187,304
49 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 54,17854.2k $3.1m $3.1m 0.01% Added +2.9k +2,851
50 Silver Coast Investments LLC 1.16% of their portfolio SAN DIEGO, X1 53,98654.0k $3.1m $3.1m 1.16% Added +1.7k +1,702
51 Wellington Shields Capital Management, LLC 0.54% of their portfolio NEW YORK, NY 53,54853.5k $3.0m $3.0m 0.54% Added +2.7k +2,679
52 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 53,38853.4k $3.0m $3.0m 0.00% Added +606 +606
53 IMC-Chicago, LLC 0.08% of their portfolio CHICAGO, IL 53,16253.2k $3.0m $3.0m 0.08% New
54 Lake Hills Wealth Management, LLC 2.04% of their portfolio AUSTIN, TX 52,56852.6k $3.0m $3.0m 2.04% Added +8.5k +8,518
55 Private Wealth Advisors, LLC 1.26% of their portfolio Fresno, CA 51,11051.1k $2.9m $2.9m 1.26% Reduced -287 -287
56 Veltria Advisors Corp. 1.18% of their portfolio MIAMI, FL 49,89749.9k $2.8m $2.8m 1.18% Unchanged
57 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 47,61047.6k $2.7m $2.7m 0.01% Added +9.1k +9,104
58 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 46,49146.5k $2.6m $2.6m 0.00% Reduced -1.1k -1,053
59 HERITAGE OAK WEALTH ADVISORS LLC 1.24% of their portfolio SANTA ROSA BEACH, FL 46,36246.4k $2.6m $2.6m 1.24% New
60 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 44,07644.1k $2.5m $2.5m 0.01% Reduced -1.1k -1,053
61 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 43,75143.8k $2.5m $2.5m 0.01% Reduced -8.9k -8,897
62 Greenline Partners, LLC 0.34% of their portfolio NEW YORK, NY 43,24543.2k $2.5m $2.5m 0.34% Added +4.9k +4,918
63 TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio STAMFORD, CT 42,75742.8k $2.4m $2.4m 0.03% Added +26.3k +26,300
64 PRUDENTIAL PLC 0.01% of their portfolio LONDON, X0 42,34042.3k $2.4m $2.4m 0.01% Added +23.8k +23,820
65 SCOTIA CAPITAL INC. 0.01% of their portfolio TORONTO, A6 42,18642.2k $2.4m $2.4m 0.01% Reduced -1.1k -1,134
66 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 41,78841.8k $2.4m $2.4m 0.01% Added +16.3k +16,339
67 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 40,48840.5k $2.3m $2.3m 0.00% Added +277 +277
68 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 40,27140.3k $2.3m $2.3m 0.01% Added +7.0k +7,042
69 Sender Co & Partners, Inc. 2.70% of their portfolio NEW YORK, NY 38,25538.3k $2.2m $2.2m 2.70% New
70 CFC Planning Co LLC 2.27% of their portfolio CICERO, IN 37,39737.4k $2.1m $2.1m 2.27% First filing
71 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 34,70334.7k $2.0m $2.0m 0.01% Added +4.0k +4,035
72 OVERSEA-CHINESE BANKING Corp Ltd 0.05% of their portfolio SINGAPORE, U0 33,33333.3k $1.9m $1.9m 0.05% Reduced -3.4k -3,443
73 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 33,28833.3k $1.9m $1.9m 0.01% Added +233 +233
74 180 WEALTH ADVISORS, LLC 0.29% of their portfolio FEDERAL WAY, WA 32,70432.7k $1.9m $1.9m 0.29% Added +2.1k +2,102
75 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 32,50032.5k $1.8m $1.8m 0.00% Reduced -21.3k -21,300
76 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 30,69230.7k $1.7m $1.7m 0.00% Reduced -415 -415
77 Mariner, LLC 0.00% of their portfolio Overland Park, KS 29,80629.8k $1.7m $1.7m 0.00% Reduced -28.9k -28,891
78 Dynamic Advisor Solutions LLC 0.07% of their portfolio PHOENIX, AZ 29,73629.7k $1.7m $1.7m 0.07% Added +355 +355
79 Pekin Hardy Strauss, Inc. 0.21% of their portfolio CHICAGO, IL 29,28029.3k $1.7m $1.7m 0.21% Unchanged
80 Snowden Capital Advisors LLC 0.05% of their portfolio New York, NY 28,92128.9k $1.6m $1.6m 0.05% Reduced -69 -69
81 Compagnie Lombard Odier SCmA 0.02% of their portfolio 1204 GENEVA, V8 28,20028.2k $1.6m $1.6m 0.02% Unchanged
82 Quantessence Capital LLC 0.64% of their portfolio NEW YORK, NY 27,47927.5k $1.6m $1.6m 0.64% First filing
83 Tower Research Capital LLC (TRC) 0.03% of their portfolio NEW YORK, NY 27,04127.0k $1.5m $1.5m 0.03% Added +22.1k +22,060
84 Heartwood Wealth Advisors LLC 0.17% of their portfolio RICHMOND, VA 26,43126.4k $1.5m $1.5m 0.17% Unchanged
85 LAKE STREET ADVISORS GROUP, LLC 0.07% of their portfolio PORTSMOUTH, NH 26,34626.3k $1.5m $1.5m 0.07% New
86 Econ Financial Services Corp 0.84% of their portfolio HARRISBURG, PA 25,70025.7k $1.5m $1.5m 0.84% New
87 GARDA CAPITAL PARTNERS LP 1.16% of their portfolio WAYZATA, MN 25,38025.4k $1.4m $1.4m 1.16% New
88 IHT Wealth Management, LLC 0.04% of their portfolio Chicago, IL 24,02624.0k $1.4m $1.4m 0.04% Reduced -2.3k -2,335
89 EVOKE WEALTH, LLC 0.04% of their portfolio Los Angeles, CA 23,95624.0k $1.4m $1.4m 0.04% Added +14 +14
90 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 23,84123.8k $1.4m $1.4m 0.00% Reduced -43.6k -43,642
91 BAROMETER CAPITAL MANAGEMENT INC. 0.55% of their portfolio TORONTO, A6 23,80023.8k $1.4m $1.4m 0.55% Added +12.3k +12,300
92 HARBOUR INVESTMENTS, INC. 0.04% of their portfolio MADISON, WI 23,49923.5k $1.3m $1.3m 0.04% Reduced -149 -149
93 Daiwa Securities Group Inc. 0.01% of their portfolio CHIYODA-KU,TOKYO, M0 23,08023.1k $1.3m $1.3m 0.01% Added +900 +900
94 Atria Investments, Inc 0.02% of their portfolio Charlotte, NC 22,42722.4k $1.3m $1.3m 0.02% Reduced -1.8k -1,814
95 LMR Partners LLP 0.02% of their portfolio LONDON, X0 22,31422.3k $1.3m $1.3m 0.02% Added +22.1k +22,104
96 PINNACLE ASSOCIATES LTD 0.02% of their portfolio NEW YORK, NY 21,97622.0k $1.2m $1.2m 0.02% Reduced -2.7k -2,737
97 TD Waterhouse Canada Inc. 0.01% of their portfolio TORONTO, A6 21,30021.3k $1.2m $1.2m 0.01% Added +775 +775
98 Black Maple Capital Management LP 0.91% of their portfolio MILWAUKEE, WI 21,00021.0k $1.2m $1.2m 0.91% Unchanged
99 Almanack Investment Partners, LLC. 0.18% of their portfolio WAYNE, PA 20,97921.0k $1.2m $1.2m 0.18% Added +16.5k +16,481
100 Y-Intercept (Hong Kong) Ltd 0.08% of their portfolio HONG KONG, K3 20,62220.6k $1.2m $1.2m 0.08% New