Vault-13

SPDR SERIES TRUST XME

S&P METALS MNG · ETP · CUSIP 78464A755

260 institutional holders -17 vs Q4 2024
21,351,11021.4m shares reported held*
$1.2bnreported value*
39 new 71 added 88 reduced 55 sold out net bought ≈ $1.2m (-25.4k 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 ($515.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $56.42. Options: 22 managers hold calls ($249.1m notional), 23 hold puts ($454.1m).

Trends to Q1 2025

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: 277Q1 25: 260260Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022244
Q4 2022282
Q1 2023291
Q2 2023278
Q3 2023266
Q4 2023273
Q1 2024270
Q2 2024296
Q3 2024259
Q4 2024277
Q1 2025260

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 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 24Q4 24: 135 bought or addedQ4 24: 97 cut or sold outQ1 25: 110 bought or addedQ1 25: 143 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023111157
Q3 2023118138
Q4 2023127129
Q1 2024135136
Q2 2024155117
Q3 202484179
Q4 202413597
Q1 2025110143

Calls vs puts

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

CallsPuts
$0$250m$500m$750m$1bnQ2 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 2.65Q1 25 calls: $249.1mQ1 25 puts: $454.1mQ1 25P/C 1.82
Numbers
QuarterCallsPutsP/C
Q2 2024$157.5m$578.8m3.67
Q3 2024$652.6m$828.6m1.27
Q4 2024$231.9m$614.7m2.65
Q1 2025$249.1m$454.1m1.82

Biggest buyers

MENORA MIVTACHIM HOLDINGS LTD. New +858,050+858.0k
TWO SIGMA INVESTMENTS, LP New +600,000+600.0k
CITIGROUP INC Added +433,345+433.3k
BARCLAYS PLC Added +265,180+265.2k
HSBC HOLDINGS PLC Added +176,652+176.7k
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. New +147,533+147.5k
Graham Capital Management, L.P. New +142,000+142.0k
CAPSTONE INVESTMENT ADVISORS, LLC Added +118,504+118.5k
RPO LLC New +84,706+84.7k
WOLVERINE TRADING, LLC Added +76,802+76.8k

Biggest sellers

Clal Insurance Enterprises Holdings Ltd Reduced -575,000-575.0k
GOLDMAN SACHS GROUP INC Reduced -316,219-316.2k
Squarepoint Ops LLC Sold out -314,514-314.5k
UBS Group AG Reduced -276,335-276.3k
MORGAN STANLEY Reduced -219,254-219.3k
OSAIC HOLDINGS, INC. Reduced -175,916-175.9k
BANK OF AMERICA CORP /DE/ Reduced -133,943-133.9k
CAPITAL FUND MANAGEMENT S.A. Sold out -126,727-126.7k
MILLENNIUM MANAGEMENT LLC Reduced -108,979-109.0k
WELLS FARGO & COMPANY/MN Reduced -106,983-107.0k

Biggest calls

DRW Securities, LLC New $45.8m818.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $27.7m495.4k shares
UBS Group AG Added $27.0m481.9k shares
WELLS FARGO & COMPANY/MN Added $24.7m441.2k shares
JANE STREET GROUP, LLC Added $20.3m361.9k shares
CAPSTONE INVESTMENT ADVISORS, LLC Reduced $17.4m311.3k shares
NOMURA HOLDINGS INC Added $11.2m200.0k shares
BANK OF AMERICA CORP /DE/ New $10.3m184.5k shares
MILLENNIUM MANAGEMENT LLC Reduced $8.7m156.0k shares
CITADEL ADVISORS LLC Reduced $8.6m152.8k shares

Biggest puts

Elliott Investment Management L.P. Reduced $75.6m1.4m shares
JANE STREET GROUP, LLC Reduced $66.0m1.2m shares
BANK OF AMERICA CORP /DE/ New $39.7m709.0k shares
CITIGROUP INC Added $30.8m550.0k shares
UBS Group AG Added $29.9m534.1k shares
GOLDMAN SACHS GROUP INC Added $28.0m500.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $27.2m485.9k shares
CITADEL ADVISORS LLC Reduced $26.5m473.3k shares
SCOPUS ASSET MANAGEMENT, L.P. New $25.2m450.0k shares
CAPSTONE INVESTMENT ADVISORS, LLC Reduced $17.4m311.3k 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,324,0732.3m $130.1m $130.1m 0.01% Reduced -133.9k -133,943
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,067,8102.1m $115.8m $115.8m 0.01% Reduced -219.3k -219,254
3 Clal Insurance Enterprises Holdings Ltd 0.88% of their portfolio Tel-aviv, L3 1,525,0001.5m $85.4m $85.4m 0.88% Reduced -575.0k -575,000
4 BARCLAYS PLC 0.03% of their portfolio LONDON, X0 1,107,2251.1m $62.0m $62.0m 0.03% Added +265.2k +265,180
5 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 998,070998.1k $55.9m $55.9m 0.01% Reduced -316.2k -316,219
6 Vanderbilt University 10.37% of their portfolio NASHVILLE, TN 969,859969.9k $54.3m $54.3m 10.37% Added +1.1k +1,124
7 Harel Insurance Investments & Financial Services Ltd. 0.69% of their portfolio Ramat Gan, L3 935,500935.5k $52.4m $52.4m 0.69% Unchanged
8 MENORA MIVTACHIM HOLDINGS LTD. 0.31% of their portfolio Ramat Gan, L3 858,050858.0k $48.0m $48.0m 0.31% New
9 NATIXIS 0.26% of their portfolio PARIS, I0 802,788802.8k $44.4m $44.4m 0.26% Unchanged
10 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 631,007631.0k $35.3m $35.3m 0.03% Added +433.3k +433,345
11 TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio NEW YORK, NY 600,000600.0k $33.6m $33.6m 0.07% New
12 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 457,716457.7k $25.6m $25.6m 0.01% Added +22.7k +22,694
13 SCS Capital Management LLC 0.32% of their portfolio BOSTON, MA 446,747446.7k $25.0m $25.0m 0.32% Added +103 +103
14 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 365,407365.4k $20.5m $20.5m 0.01% Reduced -4.3k -4,333
15 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 364,932364.9k $20.4m $20.4m 0.03% Added +25.6k +25,569
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 364,046364.0k $20.4m $20.4m 0.00% Reduced -276.3k -276,335
17 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 312,540312.5k $17.5m $17.5m 0.01% First filing
18 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 275,588275.6k $15.4m $15.4m 0.02% Reduced -13.2k -13,159
19 Financial Advocates Investment Management 1.65% of their portfolio OLYMPIA, WA 256,410256.4k $23.5m $23.5m 1.65% Added +20.8k +20,778
20 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 231,774231.8k $13.0m $13.0m 0.03% Reduced -175.9k -175,916
21 CAPSTONE INVESTMENT ADVISORS, LLC 0.10% of their portfolio NEW YORK, NY 196,133196.1k $11.0m $11.0m 0.10% Added +118.5k +118,504
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 193,095193.1k $10.8m $10.8m 0.00% Reduced -362 -362
23 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 188,643188.6k $10.6m $10.6m 0.00% Reduced -107.0k -106,983
24 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 180,506180.5k $10.0m $10.0m 0.01% Added +176.7k +176,652
25 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio CAUSEWAY BAY, K3 147,533147.5k $8.3m $8.3m 0.02% New
26 Graham Capital Management, L.P. 0.25% of their portfolio ROWAYTON, CT 142,000142.0k $8.0m $8.0m 0.25% New
27 Legend Financial Advisors, Inc. 5.16% of their portfolio PITTSBURGH, PA 125,445125.4k $7.0m $7.0m 5.16% Added +1.0k +1,039
28 Lake Hills Wealth Management, LLC 4.82% of their portfolio AUSTIN, TX 124,714124.7k $7.0m $7.0m 4.82% Added +72.1k +72,146
29 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 111,448111.4k $6.2m $6.2m 0.03% Reduced -10.6k -10,643
30 Cresset Asset Management, LLC 0.03% of their portfolio Chicago, IL 103,592103.6k $5.8m $5.8m 0.03% Added +9.0k +9,032
31 JENNISON ASSOCIATES LLC 0.00% of their portfolio NEW YORK, NY 102,185102.2k $5.7m $5.7m 0.00% Added +3.4k +3,360
32 FORTEM FINANCIAL GROUP, LLC 2.15% of their portfolio PALM DESERT, CA 98,75198.8k $5.5m $5.5m 2.15% Added +7.1k +7,084
33 WOLVERINE TRADING, LLC 0.17% of their portfolio CHICAGO, IL 93,01393.0k $5.3m $5.3m 0.17% Added +76.8k +76,802
34 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 89,25289.3k $5.0m $5.0m 0.01% Added +18.7k +18,735
35 Allianz SE 0.13% of their portfolio Munich, 2M 86,57086.6k $4.8m $4.8m 0.13% Added +9.5k +9,500
36 Ted Buchan & Co 2.26% of their portfolio San Diego, CA 85,38985.4k $4.8m $4.8m 2.26% Added +4.4k +4,391
37 ARS Investment Partners, LLC 0.44% of their portfolio New York, NY 85,05885.1k $4.8m $4.8m 0.44% Reduced -102 -102
38 RPO LLC 9.49% of their portfolio Stamford, CT 84,70684.7k $4.7m $4.7m 9.49% New
39 Tradewinds, LLC. 1.33% of their portfolio RALEIGH, NC 83,87183.9k $4.7m $4.7m 1.33% Reduced -1.4k -1,392
40 Walleye Trading LLC 0.12% of their portfolio NEW YORK, NY 78,25878.3k $4.4m $4.4m 0.12% Added +71.3k +71,346
41 Wellington Shields Capital Management, LLC 0.79% of their portfolio NEW YORK, NY 77,97978.0k $4.4m $4.4m 0.79% Added +24.4k +24,431
42 FOCUS Wealth Advisors, LLC 2.37% of their portfolio HOUSTON, TX 76,57976.6k $4.3m $4.3m 2.37% Reduced -1.9k -1,925
43 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 74,89974.9k $4.2m $4.2m 0.00% Reduced -1.4k -1,390
44 HERBST GROUP, LLC 2.96% of their portfolio WESTPORT, CT 74,73174.7k $4.2m $4.2m 2.96% Reduced -3.1k -3,088
45 Fifth Third Securities, Inc. 0.35% of their portfolio Cincinnati, OH 74,37574.4k $4.2m $4.2m 0.35% Reduced -5.7k -5,690
46 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 74,31674.3k $4.2m $4.2m 0.00% Reduced -109.0k -108,979
47 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 71,45571.5k $4.0m $4.0m 0.00% Added +9.4k +9,355
48 OKABENA INVESTMENT SERVICES INC 0.92% of their portfolio MINNEAPOLIS, MN 65,38765.4k $3.7m $3.7m 0.92% Reduced -4.7k -4,683
49 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 61,21261.2k $3.4m $3.4m 0.01% Added +7.0k +7,034
50 Silver Coast Investments LLC 1.16% of their portfolio SAN DIEGO, X1 54,66254.7k $3.1m $3.1m 1.16% Added +676 +676
51 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 53,92753.9k $3.0m $3.0m 0.01% Added +6.3k +6,317
52 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 53,47253.5k $3.0m $3.0m 0.01% Reduced -62.9k -62,903
53 Jaffetilchin Investment Partners, LLC 0.22% of their portfolio TAMPA, FL 53,45053.5k $3.0m $3.0m 0.22% New
54 Private Wealth Advisors, LLC 1.23% of their portfolio Fresno, CA 52,33452.3k $2.9m $2.9m 1.23% Added +1.2k +1,224
55 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 48,56448.6k $2.7m $2.7m 0.00% Added +8.1k +8,076
56 Tower Research Capital LLC (TRC) 0.08% of their portfolio NEW YORK, NY 48,38348.4k $2.7m $2.7m 0.08% Added +21.3k +21,342
57 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 48,20048.2k $2.7m $2.7m 0.01% Added +4.1k +4,124
58 EHP Funds Inc. 2.88% of their portfolio TORONTO, Z4 46,20046.2k $2.6m $2.6m 2.88% Reduced -57.9k -57,900
59 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 45,68145.7k $2.6m $2.6m 0.00% Reduced -810 -810
60 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 41,65241.7k $2.3m $2.3m 0.01% Reduced -136 -136
61 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 41,30241.3k $2.3m $2.3m 0.00% Reduced -25.5k -25,484
62 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 41,02741.0k $2.3m $2.3m 0.01% Added +756 +756
63 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 39,23039.2k $2.2m $2.2m 0.00% Added +36.1k +36,081
64 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 38,80038.8k $2.2m $2.2m 0.01% New
65 Greenline Partners, LLC 0.31% of their portfolio NEW YORK, NY 38,73138.7k $2.2m $2.2m 0.31% Reduced -4.5k -4,514
66 SCOTIA CAPITAL INC. 0.01% of their portfolio TORONTO, A6 38,55238.6k $2.2m $2.2m 0.01% Reduced -3.6k -3,634
67 HERITAGE OAK WEALTH ADVISORS LLC 0.93% of their portfolio SANTA ROSA BEACH, FL 37,86937.9k $2.1m $2.1m 0.93% Reduced -8.5k -8,493
68 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 36,72236.7k $2.1m $2.1m 0.01% Reduced -7.0k -7,029
69 Veltria Advisors Corp. 1.28% of their portfolio MIAMI, FL 35,11735.1k $2.0m $2.0m 1.28% Reduced -14.8k -14,780
70 Family Firm, Inc. 0.44% of their portfolio BETHESDA, MD 34,88234.9k $2.0m $2.0m 0.44% Reduced -46.5k -46,497
71 180 WEALTH ADVISORS, LLC 0.31% of their portfolio FEDERAL WAY, WA 34,65234.7k $1.9m $1.9m 0.31% Added +1.9k +1,948
72 OVERSEA-CHINESE BANKING Corp Ltd 0.05% of their portfolio SINGAPORE, U0 33,33333.3k $1.9m $1.9m 0.05% Unchanged
73 PRUDENTIAL PLC 0.01% of their portfolio LONDON, X0 30,84030.8k $1.7m $1.7m 0.01% Reduced -11.5k -11,500
74 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 30,78730.8k $1.7m $1.7m 0.00% Added +95 +95
75 Dynamic Advisor Solutions LLC 0.06% of their portfolio PHOENIX, AZ 30,50730.5k $1.7m $1.7m 0.06% Added +771 +771
76 Pekin Hardy Strauss, Inc. 0.19% of their portfolio CHICAGO, IL 28,63028.6k $1.6m $1.6m 0.19% Reduced -650 -650
77 SummitTX Capital, L.P. 0.07% of their portfolio FORT WORTH, TX 28,60028.6k $1.6m $1.6m 0.07% First filing
78 Compagnie Lombard Odier SCmA 0.02% of their portfolio 1204 GENEVA, V8 28,20028.2k $1.6m $1.6m 0.02% Unchanged
79 Black Swift Group, LLC 0.34% of their portfolio BOULDER, CO 26,80526.8k $1.5m $1.5m 0.34% New
80 FLOW TRADERS U.S. LLC 0.06% of their portfolio NEW YORK, NY 26,45626.5k $1.5m $1.5m 0.06% New
81 Econ Financial Services Corp 0.79% of their portfolio HARRISBURG, PA 26,43426.4k $1.5m $1.5m 0.79% Added +734 +734
82 Heartwood Wealth Advisors LLC 0.16% of their portfolio RICHMOND, VA 25,73125.7k $1.4m $1.4m 0.16% Reduced -700 -700
83 HARBOUR INVESTMENTS, INC. 0.04% of their portfolio MADISON, WI 25,38125.4k $1.4m $1.4m 0.04% Added +1.9k +1,882
84 Daiwa Securities Group Inc. 0.01% of their portfolio CHIYODA-KU,TOKYO, M0 24,08024.1k $1.3m $1.3m 0.01% Added +1.0k +1,000
85 INDEPENDENT FINANCIAL GROUP, LLC 0.05% of their portfolio SAN DIEGO, CA 23,71923.7k $1.3m $1.3m 0.05% Added +5.7k +5,682
86 IHT Wealth Management, LLC 0.04% of their portfolio Chicago, IL 23,56923.6k $1.3m $1.3m 0.04% Reduced -457 -457
87 PINNACLE ASSOCIATES LTD 0.02% of their portfolio NEW YORK, NY 22,82622.8k $1.3m $1.3m 0.02% Added +850 +850
88 EVOKE WEALTH, LLC 0.03% of their portfolio Los Angeles, CA 22,81622.8k $1.3m $1.3m 0.03% Reduced -1.1k -1,140
89 Everstar Asset Management, LLC 0.81% of their portfolio MOORESVILLE, NC 21,72121.7k $1.2m $1.2m 0.81% Added +1.7k +1,721
90 TD Waterhouse Canada Inc. 0.01% of their portfolio TORONTO, A6 21,45021.4k $1.2m $1.2m 0.01% Added +150 +150
91 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 21,36021.4k $1.2m $1.2m 0.00% Reduced -2.5k -2,481
92 Black Maple Capital Management LP 0.92% of their portfolio MILWAUKEE, WI 21,00021.0k $1.2m $1.2m 0.92% Unchanged
93 IFP Advisors, Inc 0.04% of their portfolio TAMPA, FL 20,76820.8k $1.2m $1.2m 0.04% Added +166 +166
94 Snowden Capital Advisors LLC 0.04% of their portfolio New York, NY 19,70919.7k $1.1m $1.1m 0.04% Reduced -9.2k -9,212
95 DRW Securities, LLC 0.09% of their portfolio CHICAGO, IL 19,59519.6k $1.1m $1.1m 0.09% Added +6.4k +6,433
96 Stamos Capital Partners, L.P. 0.28% of their portfolio Menlo Park, CA 19,38019.4k $1.1m $1.1m 0.28% Added +1.6k +1,600
97 Darwin Wealth Management, LLC 0.36% of their portfolio TAMPA, FL 19,04919.0k $1.1m $1.1m 0.36% Unchanged
98 Capital Wealth Alliance, LLC 0.62% of their portfolio Scottsdale, AZ 18,65318.7k $1.0m $1.0m 0.62% Reduced -1.3k -1,328
99 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 18,30518.3k $1.0m $1.0m 0.00% Reduced -35.1k -35,083
100 CALTON & ASSOCIATES, INC. 0.23% of their portfolio Tampa, FL 17,85917.9k $999.9k $999.9k 0.23% Reduced -171 -171