Vault-13

SPDR SERIES TRUST XME

S&P METALS MNG · ETP · CUSIP 78464A755

457 institutional holders +34 vs Q1 2026
30,593,53130.6m shares reported held*
$3.3bnreported value*
88 new 155 added 111 reduced 54 sold out net bought ≈ $244.4m (+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 ($3.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $107.18. Options: 21 managers hold calls ($466.1m notional), 24 hold puts ($456.5m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 244Q4 22: 282Q1 23: 291Q2 23: 278Q3 23: 266Q4 23: 273Q1 24: 270Q2 24: 296Q3 24: 259Q4 24: 277Q1 25: 260Q2 25: 267Q3 25: 316Q4 25: 377Q1 26: 423Q2 26: 457457Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022244
Q4 2022282
Q1 2023291
Q2 2023278
Q3 2023266
Q4 2023273
Q1 2024270
Q2 2024296
Q3 2024259
Q4 2024277
Q1 2025260
Q2 2025267
Q3 2025316
Q4 2025377
Q1 2026423
Q2 2026457

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 24: 84 bought or addedQ3 24: 179 cut or sold outQ4 24: 135 bought or addedQ4 24: 97 cut or sold outQ4 24Q1 25: 110 bought or addedQ1 25: 143 cut or sold outQ2 25: 115 bought or addedQ2 25: 130 cut or sold outQ2 25Q3 25: 169 bought or addedQ3 25: 108 cut or sold outQ4 25: 198 bought or addedQ4 25: 148 cut or sold outQ4 25Q1 26: 244 bought or addedQ1 26: 174 cut or sold outQ2 26: 243 bought or addedQ2 26: 165 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202484179
Q4 202413597
Q1 2025110143
Q2 2025115130
Q3 2025169108
Q4 2025198148
Q1 2026244174
Q2 2026243165

Calls vs puts

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

CallsPuts
$0$250m$500m$750m$1bnQ3 25 calls: $437.0mQ3 25 puts: $860.2mQ3 25P/C 1.97Q4 25 calls: $863.0mQ4 25 puts: $990.7mQ4 25P/C 1.15Q1 26 calls: $424.2mQ1 26 puts: $522.0mQ1 26P/C 1.23Q2 26 calls: $466.1mQ2 26 puts: $456.5mQ2 26P/C 0.98
Numbers
QuarterCallsPutsP/C
Q3 2025$437.0m$860.2m1.97
Q4 2025$863.0m$990.7m1.15
Q1 2026$424.2m$522.0m1.23
Q2 2026$466.1m$456.5m0.98

Biggest buyers

Caisse de depot et placement du Quebec New +615,000+615.0k
TWO SIGMA INVESTMENTS, LP New +505,100+505.1k
CITIGROUP INC Added +466,287+466.3k
HSBC HOLDINGS PLC Added +419,732+419.7k
WELLS FARGO & COMPANY/MN Added +372,412+372.4k
BANK OF AMERICA CORP /DE/ Added +341,582+341.6k
Vanderbilt University Added +335,739+335.7k
MEITAV INVESTMENT HOUSE LTD Added +309,157+309.2k
Cambridge Investment Research Advisors, Inc. Added +192,489+192.5k
BlackRock, Inc. Added +154,348+154.3k

Biggest sellers

Woodline Partners LP Reduced -552,165-552.2k
D. E. Shaw & Co., Inc. Reduced -516,066-516.1k
BARCLAYS PLC Reduced -436,382-436.4k
BANK OF NOVA SCOTIA Reduced -311,355-311.4k
BNP PARIBAS FINANCIAL MARKETS Reduced -188,943-188.9k
SMI Advisory Services, LLC Sold out -180,486-180.5k
AMERIPRISE FINANCIAL INC Reduced -114,360-114.4k
MORGAN STANLEY Reduced -89,154-89.2k
University of Illinois Foundation Sold out -66,744-66.7k
Quantitative Investment Management, LLC Sold out -66,592-66.6k

Biggest calls

TUDOR INVESTMENT CORP ET AL New $89.5m836.6k shares
CITADEL ADVISORS LLC Reduced $66.7m623.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $58.4m545.8k shares
Graham Capital Management, L.P. New $53.5m500.0k shares
PEAK6 LLC Added $40.1m375.4k shares
JANE STREET GROUP, LLC Reduced $31.7m296.2k shares
Caption Management, LLC Added $26.2m245.0k shares
Walleye Trading LLC Added $23.0m215.3k shares
MILLENNIUM MANAGEMENT LLC Added $21.7m203.3k shares
UBS Group AG Reduced $21.6m202.2k shares

Biggest puts

JANE STREET GROUP, LLC Added $138.4m1.3m shares
Elliott Investment Management L.P. Unchanged $96.2m900.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $35.0m327.2k shares
Walleye Trading LLC Added $27.0m252.7k shares
Squarepoint Ops LLC Reduced $22.1m206.7k shares
CITADEL ADVISORS LLC Reduced $21.3m199.4k shares
Parallax Volatility Advisers, L.P. Added $19.2m179.5k shares
MILLENNIUM MANAGEMENT LLC Reduced $16.1m150.1k shares
WELLS FARGO & COMPANY/MN New $16.0m150.0k shares
Caption Management, LLC Unchanged $13.8m129.4k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 7,921,3037.9m $847.0m $847.0m 0.05% Added +341.6k +341,582
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,599,5402.6m $278.0m $278.0m 0.01% Reduced -89.2k -89,154
3 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,252,0451.3m $133.9m $133.9m 0.01% Added +87.3k +87,342
4 Vanderbilt University 15.52% of their portfolio NASHVILLE, TN 1,057,1531.1m $113.0m $113.0m 15.52% Added +335.7k +335,739
5 MEITAV INVESTMENT HOUSE LTD 0.75% of their portfolio BENE-BERAQ, L3 1,046,0201.0m $111.9m $111.9m 0.75% Added +309.2k +309,157
6 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 834,033834.0k $89.2m $89.2m 0.02% Added +372.4k +372,412
7 Migdal Insurance & Financial Holdings Ltd. 0.57% of their portfolio Petach Tikva, L3 830,230830.2k $88.8m $88.8m 0.57% Unchanged
8 Harel Insurance Investments & Financial Services Ltd. 0.42% of their portfolio Ramat Gan, L3 814,000814.0k $87.0m $87.0m 0.42% Unchanged
9 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 712,733712.7k $76.2m $76.2m 0.02% Reduced -9.7k -9,696
10 Caisse de depot et placement du Quebec 0.09% of their portfolio Montreal, A8 615,000615.0k $65.8m $65.8m 0.09% New
11 HSBC HOLDINGS PLC 0.03% of their portfolio LONDON, X0 584,293584.3k $62.5m $62.5m 0.03% Added +419.7k +419,732
12 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 583,246583.2k $62.4m $62.4m 0.03% Added +466.3k +466,287
13 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 549,431549.4k $58.8m $58.8m 0.02% Reduced -2.4k -2,396
14 TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio NEW YORK, NY 505,100505.1k $54.0m $54.0m 0.04% New
15 NATIXIS 0.23% of their portfolio PARIS, I0 453,815453.8k $48.5m $48.5m 0.23% Added +4.4k +4,389
16 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 386,627386.6k $41.3m $41.3m 0.03% Reduced -516.1k -516,066
17 Qube Research & Technologies Ltd 0.05% of their portfolio LONDON, X0 379,216379.2k $40.5m $40.5m 0.05% Added +34.2k +34,200
18 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 316,058316.1k $33.8m $33.8m 0.04% Added +192.5k +192,489
19 UBS Group AG 0.01% of their portfolio ZURICH, V8 304,778304.8k $32.6m $32.6m 0.01% Reduced -48.6k -48,567
20 SCS Capital Management LLC 0.29% of their portfolio BOSTON, MA 286,155286.2k $30.6m $30.6m 0.29% Added +1.5k +1,481
21 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 260,961261.0k $27.9m $27.9m 0.03% Added +7.1k +7,146
22 WESTWOOD HOLDINGS GROUP INC 0.20% of their portfolio DALLAS, TX 252,329252.3k $27.0m $27.0m 0.20% Reduced -1.5k -1,516
23 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 234,925234.9k $25.1m $25.1m 0.00% Reduced -51.5k -51,456
24 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 222,725222.7k $23.8m $23.8m 0.01% Reduced -436.4k -436,382
25 POTOMAC FUND MANAGEMENT INC /ADV 0.60% of their portfolio BETHESDA, MD 221,400221.4k $23.7m $23.7m 0.60% Added +77.0k +77,000
26 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.03% of their portfolio TORONTO, A6 200,000200.0k $21.4m $21.4m 0.03% Unchanged
27 BlackRock, Inc. 0.00% of their portfolio New York, NY 172,169172.2k $18.4m $18.4m 0.00% Added +154.3k +154,348
28 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 162,517162.5k $17.4m $17.4m 0.01% Added +13.9k +13,861
29 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 161,671161.7k $17.3m $17.3m 0.02% Added +29.8k +29,787
30 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 159,276159.3k $17.0m $17.0m 0.02% Added +62.4k +62,437
31 Private Advisor Group, LLC 0.07% of their portfolio MORRISTOWN, NJ 135,119135.1k $14.4m $14.4m 0.07% Added +34.4k +34,361
32 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 121,100121.1k $12.9m $12.9m 0.02% Added +76.5k +76,500
33 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 117,377117.4k $12.9m $12.9m 0.00% Reduced -114.4k -114,360
34 Chicago Wealth Management, Inc. 4.22% of their portfolio CHICAGO, IL 111,146111.1k $11.9m $11.9m 4.22% Added +59.6k +59,617
35 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 110,304110.3k $11.8m $11.8m 0.01% New
36 Jefferies Financial Group Inc. 0.11% of their portfolio NEW YORK, NY 107,516107.5k $11.5m $11.5m 0.11% Added +2.8k +2,816
37 VESTOR CAPITAL, LLC 1.04% of their portfolio CHICAGO, IL 104,252104.3k $16.5m $16.5m 1.04% Added +46.4k +46,374
38 Wellington Shields Capital Management, LLC 1.38% of their portfolio NEW YORK, NY 101,712101.7k $10.9m $10.9m 1.38% Added +5.9k +5,862
39 Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) 1.37% of their portfolio Tel Aviv, L3 97,00097.0k $10.4m $10.4m 1.37% Unchanged
40 Allianz SE 0.10% of their portfolio Munich, 2M 91,77091.8k $9.8m $9.8m 0.10% Reduced -9.5k -9,500
41 ARP Global Capital Ltd 4.22% of their portfolio DUBAI, C0 89,74089.7k $9.6m $9.6m 4.22% New
42 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 86,36386.4k $9.2m $9.2m 0.01% Reduced -29.3k -29,268
43 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 85,36585.4k $9.1m $9.1m 0.01% Added +76.5k +76,495
44 FORTEM FINANCIAL GROUP, LLC 1.81% of their portfolio PALM DESERT, CA 82,95583.0k $8.9m $8.9m 1.81% Added +129 +129
45 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 82,73882.7k $8.8m $8.8m 0.00% Reduced -1.6k -1,609
46 Cadent Capital Advisors, LLC 1.81% of their portfolio TULSA, OK 81,76081.8k $8.7m $8.7m 1.81% Added +71.0k +70,972
47 Parallax Volatility Advisers, L.P. 0.32% of their portfolio San Francisco, CA 80,18780.2k $8.6m $8.6m 0.32% Added +19.2k +19,198
48 Brevan Howard Capital Management LP 0.12% of their portfolio ST. HELIER, Y9 77,80777.8k $8.3m $8.3m 0.12% New
49 MAI Capital Management 0.03% of their portfolio INDEPENDENCE, OH 77,26277.3k $8.3m $8.3m 0.03% Added +76.5k +76,479
50 Cresset Asset Management, LLC 0.03% of their portfolio Chicago, IL 76,26376.3k $8.2m $8.2m 0.03% Added +5.5k +5,467
51 Caption Management, LLC 0.29% of their portfolio OKLAHOMA CITY, OK 75,98476.0k $8.1m $8.1m 0.29% Added +45.0k +45,000
52 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 74,56874.6k $8.0m $8.0m 0.00% Added +5.0k +5,027
53 FIDUCIARY FINANCIAL GROUP, LLC 0.90% of their portfolio SAN RAFAEL, CA 74,44974.4k $8.0m $8.0m 0.90% Added +15.5k +15,452
54 Shah Wealth Advisors, LLC 1.80% of their portfolio CHINO HILLS, CA 72,89272.9k $7.8m $7.8m 1.80% First filing
55 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 72,14372.1k $7.7m $7.7m 0.01% Added +55.2k +55,187
56 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 70,49370.5k $7.5m $7.5m 0.00% Added +5.7k +5,718
57 Quadrature Capital Ltd 0.06% of their portfolio LONDON, X0 68,90068.9k $7.4m $7.4m 0.06% Added +66.2k +66,157
58 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 68,62968.6k $7.3m $7.3m 0.01% Added +6.8k +6,849
59 OKABENA INVESTMENT SERVICES INC 1.25% of their portfolio MINNEAPOLIS, MN 65,38765.4k $7.0m $7.0m 1.25% Unchanged
60 Proficio Capital Partners LLC 0.25% of their portfolio NEWTON, MA 65,38065.4k $7.0m $7.0m 0.25% Added +27.3k +27,305
61 FOCUS Wealth Advisors, LLC 3.22% of their portfolio HOUSTON, TX 64,86564.9k $6.9m $6.9m 3.22% Reduced -6.1k -6,110
62 Ted Buchan & Co 2.26% of their portfolio San Diego, CA 64,53064.5k $6.9m $6.9m 2.26% Added +2.3k +2,284
63 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 63,74763.7k $6.8m $6.8m 0.02% Added +56.4k +56,376
64 Legend Financial Advisors, Inc. 3.80% of their portfolio PITTSBURGH, PA 62,54762.5k $6.7m $6.7m 3.80% Reduced -3.4k -3,376
65 Beacon Pointe Advisors, LLC 0.03% of their portfolio NEWPORT BEACH, CA 60,52860.5k $6.5m $6.5m 0.03% Added +5.6k +5,620
66 JENNISON ASSOCIATES LLC 0.00% of their portfolio NEW YORK, NY 56,90356.9k $6.1m $6.1m 0.00% Reduced -11.0k -10,995
67 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 55,82355.8k $6.0m $6.0m 0.01% Reduced -21.4k -21,367
68 RPg Family Wealth Advisory, LLC 0.50% of their portfolio BURLINGTON, MA 50,68650.7k $5.4m $5.4m 0.50% Added +26.8k +26,753
69 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 50,64350.6k $5.4m $5.4m 0.00% Added +22.8k +22,800
70 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 50,03450.0k $5.4m $5.4m 0.01% Reduced -7.1k -7,085
71 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 49,95050.0k $5.3m $5.3m 0.01% Reduced -77 -77
72 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 47,66047.7k $5.1m $5.1m 0.00% Added +4.4k +4,437
73 Norris Financial Group, LLC 1.98% of their portfolio GREENVILLE, SC 46,62146.6k $5.0m $5.0m 1.98% Reduced -3.6k -3,567
74 180 WEALTH ADVISORS, LLC 0.49% of their portfolio FEDERAL WAY, WA 46,04846.0k $4.9m $4.9m 0.49% Added +3.4k +3,419
75 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 45,46245.5k $4.9m $4.9m 0.00% Added +6.6k +6,593
76 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 42,58142.6k $4.6m $4.6m 0.01% Added +4.4k +4,449
77 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 42,46442.5k $4.5m $4.5m 0.01% Added +15.0k +15,001
78 Meridian Wealth Management, LLC 0.14% of their portfolio LEXINGTON, KY 42,06542.1k $4.5m $4.5m 0.14% Added +1.2k +1,227
79 Amitell Capital Pte Ltd 4.08% of their portfolio SINGAPORE, U0 41,75541.8k $4.5m $4.5m 4.08% Unchanged
80 Dynamic Advisor Solutions LLC 0.13% of their portfolio PHOENIX, AZ 41,48041.5k $4.4m $4.4m 0.13% Added +899 +899
81 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 40,49640.5k $4.3m $4.3m 0.00% Reduced -188.9k -188,943
82 TCP Asset Management, LLC 0.48% of their portfolio Upper Arlington, OH 39,80139.8k $4.3m $4.3m 0.48% Reduced -582 -582
83 SCOTIA CAPITAL INC. 0.02% of their portfolio TORONTO, A6 39,32439.3k $4.2m $4.2m 0.02% New
84 Greenline Partners, LLC 0.43% of their portfolio NEW YORK, NY 39,09939.1k $4.2m $4.2m 0.43% Reduced -718 -718
85 ARS Investment Partners, LLC 0.18% of their portfolio New York, NY 38,62038.6k $4.1m $4.1m 0.18% Added +160 +160
86 Marex Group Ltd 0.03% of their portfolio London, X0 38,45038.5k $4.1m $4.1m 0.03% Added +31.5k +31,495
87 Hilltop Holdings Inc. 0.30% of their portfolio DALLAS, TX 34,67734.7k $3.7m $3.7m 0.30% Reduced -7.6k -7,588
88 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 34,55834.6k $3.7m $3.7m 0.01% Added +3.6k +3,551
89 Arch Global Advisors, LLC 1.62% of their portfolio NEW YORK, NY 34,19534.2k $3.7m $3.7m 1.62% Added +3.4k +3,416
90 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 33,48933.5k $3.6m $3.6m 0.02% Added +1.2k +1,197
91 HERBST GROUP, LLC 1.94% of their portfolio WESTPORT, CT 33,31533.3k $3.6m $3.6m 1.94% Reduced -7.2k -7,187
92 XTX Topco Ltd 0.05% of their portfolio LONDON, X0 33,23933.2k $3.6m $3.6m 0.05% Added +29.4k +29,446
93 Tradewinds, LLC. 1.40% of their portfolio RALEIGH, NC 33,01433.0k $6.2m $6.2m 1.40% New
94 BANK OF NOVA SCOTIA 0.01% of their portfolio TORONTO, A6 32,68232.7k $3.5m $3.5m 0.01% Reduced -311.4k -311,355
95 TD Waterhouse Canada Inc. 0.01% of their portfolio TORONTO, A6 32,40032.4k $3.4m $3.4m 0.01% Added +805 +805
96 Private Wealth Advisors, LLC 1.03% of their portfolio Fresno, CA 32,10232.1k $3.4m $3.4m 1.03% Added +1.2k +1,201
97 Baker Avenue Asset Management, LP 0.06% of their portfolio SAN FRANCISCO, CA 31,80531.8k $3.4m $3.4m 0.06% Added +1.3k +1,325
98 Fullerton Fund Management Co Ltd. 0.22% of their portfolio SINGAPORE, U0 31,50031.5k $3.4m $3.4m 0.22% Added +7.1k +7,100
99 Jump Financial, LLC 0.03% of their portfolio Chicago, IL 31,43831.4k $3.4m $3.4m 0.03% New
100 Silver Coast Investments LLC 0.99% of their portfolio SAN DIEGO, X1 31,21631.2k $3.3m $3.3m 0.99% Reduced -990 -990