Vault-13

SPDR SER TR SDY

S&P DIVID ETF · ETP · CUSIP 78464A763

1,125 institutional holders +72 vs Q3 2023
79,694,16579.7m shares reported held*
$10.0bnreported value*
68 new 300 added 474 reduced 52 sold out net bought ≈ $564.3m (+4.5m 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 ($8.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $125.18. Options: 3 managers hold calls ($10.3m notional), 3 hold puts ($8.5m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,031Q4 22: 1,126Q1 23: 1,108Q2 23: 1,098Q3 23: 1,053Q4 23: 1,1251,125Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 20221,031
Q4 20221,126
Q1 20231,108
Q2 20231,098
Q3 20231,053
Q4 20231,125

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 511 bought or addedQ4 22: 354 cut or sold outQ4 22Q1 23: 431 bought or addedQ1 23: 450 cut or sold outQ1 23Q2 23: 366 bought or addedQ2 23: 499 cut or sold outQ2 23Q3 23: 372 bought or addedQ3 23: 484 cut or sold outQ3 23Q4 23: 368 bought or addedQ4 23: 526 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022511354
Q1 2023431450
Q2 2023366499
Q3 2023372484
Q4 2023368526

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ1 23 calls: $17.7mQ1 23 puts: $6.3mQ1 23P/C 0.35Q2 23 calls: $17.1mQ2 23 puts: $4.6mQ2 23P/C 0.27Q3 23 calls: $14.8mQ3 23 puts: $7.6mQ3 23P/C 0.52Q4 23 calls: $10.3mQ4 23 puts: $8.5mQ4 23P/C 0.83
Numbers
QuarterCallsPutsP/C
Q1 2023$17.7m$6.3m0.35
Q2 2023$17.1m$4.6m0.27
Q3 2023$14.8m$7.6m0.52
Q4 2023$10.3m$8.5m0.83

Biggest buyers

MORGAN STANLEY Added +4,706,711+4.7m
JPMORGAN CHASE & CO Added +4,316,291+4.3m
ARGENT CAPITAL MANAGEMENT LLC New +121,163+121.2k
Mesirow Financial Investment Management, Inc. New +87,480+87.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +69,797+69.8k
UBS Group AG Added +67,304+67.3k
CAPTRUST FINANCIAL ADVISORS Added +51,402+51.4k
NorthRock Partners, LLC Added +47,688+47.7k
Janney Capital Management LLC Added +47,500+47.5k
CITIZENS FINANCIAL GROUP INC/RI Added +44,442+44.4k

Biggest sellers

AMERIPRISE FINANCIAL INC Reduced -747,380-747.4k
BANK OF AMERICA CORP /DE/ Reduced -482,913-482.9k
ENVESTNET ASSET MANAGEMENT INC Reduced -431,584-431.6k
Legacy Financial Group LLC Reduced -377,201-377.2k
OSAIC HOLDINGS, INC. Reduced -373,275-373.3k
Clearstead Advisors, LLC Reduced -322,109-322.1k
WELLS FARGO & COMPANY/MN Reduced -173,754-173.8k
LPL Financial LLC Reduced -139,235-139.2k
Richard Bernstein Advisors LLC Reduced -131,141-131.1k
Raymond James Financial Services Advisors, Inc. Reduced -97,447-97.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $9.9m78.9k shares
CITADEL ADVISORS LLC Added $462.4k3.7k shares
Cutler Group LLC / CA Added $7.0k2.1k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.2m49.7k shares
CITADEL ADVISORS LLC Reduced $2.3m18.6k shares
Cutler Group LLC / CA Reduced $1.0k1.9k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 9,963,39410.0m $1.2bn $1.2bn 0.05% Added +4.7m +4,706,711
2 BANK OF AMERICA CORP /DE/ 0.12% of their portfolio CHARLOTTE, NC 8,627,3028.6m $1.1bn $1.1bn 0.12% Reduced -482.9k -482,913
3 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 4,645,1864.6m $580.5m $580.5m 0.03% Added +4.3m +4,316,291
4 LPL Financial LLC 0.23% of their portfolio FORT MILL, SC 3,070,2023.1m $383.7m $383.7m 0.23% Reduced -139.2k -139,235
5 ROYAL BANK OF CANADA 0.08% of their portfolio TORONTO, A6 2,599,5862.6m $324.9m $324.9m 0.08% Reduced -45.2k -45,229
6 Joel Isaacson & Co., LLC 18.21% of their portfolio NEW YORK, NY 2,373,5382.4m $296.6m $296.6m 18.21% Added +2.8k +2,775
7 RAYMOND JAMES & ASSOCIATES 0.22% of their portfolio ST PETERSBURG, FL 2,332,2682.3m $291.5m $291.5m 0.22% Added +34.6k +34,564
8 AMERIPRISE FINANCIAL INC 0.09% of their portfolio MINNEAPOLIS, MN 2,298,3592.3m $287.2m $287.2m 0.09% Reduced -747.4k -747,380
9 UBS Group AG 0.10% of their portfolio ZURICH, V8 1,993,5382.0m $249.1m $249.1m 0.10% Added +67.3k +67,304
10 WELLS FARGO & COMPANY/MN 0.07% of their portfolio SAN FRANCISCO, CA 1,903,3881.9m $237.9m $237.9m 0.07% Reduced -173.8k -173,754
11 Richard Bernstein Advisors LLC 3.81% of their portfolio NEW YORK, NY 1,376,4021.4m $172.0m $172.0m 3.81% Reduced -131.1k -131,141
12 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 1,357,5561.4m $169.7m $169.7m 0.07% Reduced -431.6k -431,584
13 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 1,284,4471.3m $160.5m $160.5m 0.03% Reduced -45.0k -44,988
14 COMMONWEALTH EQUITY SERVICES, LLC 0.28% of their portfolio WALTHAM, MA 1,230,0861.2m $153.7m $153.7m 0.28% Reduced -46.6k -46,576
15 Janney Montgomery Scott LLC 0.45% of their portfolio PHILADELPHIA, PA 1,115,6181.1m $139.4m $139.4m 0.45% Added +2.8k +2,835
16 TRUIST FINANCIAL CORP 0.21% of their portfolio CHARLOTTE, NC 1,058,1301.1m $132.2m $132.2m 0.21% Reduced -52.2k -52,152
17 Raymond James Financial Services Advisors, Inc. 0.21% of their portfolio ST. PETERSBURG, FL 1,020,4481.0m $127.5m $127.5m 0.21% Reduced -97.4k -97,447
18 1ST SOURCE BANK 6.54% of their portfolio SOUTH BEND, IN 866,686866.7k $108.3m $108.3m 6.54% Reduced -9.1k -9,140
19 Pathstone Holdings, LLC 0.51% of their portfolio ENGLEWOOD, NJ 758,736758.7k $94.8m $94.8m 0.51% First filing
20 Destination Wealth Management 2.99% of their portfolio Walnut Creek, CA 690,405690.4k $86.3m $86.3m 2.99% Reduced -10.7k -10,698
21 Capital Investment Advisors, LLC 1.83% of their portfolio ATLANTA, GA 582,689582.7k $72.8m $72.8m 1.83% Reduced -8.2k -8,232
22 OSAIC HOLDINGS, INC. 0.12% of their portfolio SCOTTSDALE, AZ 554,556554.6k $69.3m $69.3m 0.12% Reduced -373.3k -373,275
23 HighTower Advisors, LLC 0.11% of their portfolio CHICAGO, IL 530,660530.7k $66.3m $66.3m 0.11% Reduced -47.3k -47,274
24 MAI Capital Management 0.86% of their portfolio INDEPENDENCE, OH 520,339520.3k $65.0m $65.0m 0.86% Reduced -46.6k -46,565
25 Cetera Advisor Networks LLC 0.36% of their portfolio EL SEGUNDO, CA 518,395518.4k $64.8m $64.8m 0.36% Reduced -3.4k -3,376
26 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 515,308515.3k $64.4m $64.4m 0.00% Added +273 +273
27 Creative Planning 0.12% of their portfolio OVERLAND PARK, KS 502,809502.8k $62.8m $62.8m 0.12% Reduced -23.1k -23,106
28 MML INVESTORS SERVICES, LLC 0.26% of their portfolio SPRINGFIELD, MA 456,654456.7k $57.1m $57.1m 0.26% Added +23.7k +23,653
29 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 455,342455.3k $56.9m $56.9m 0.04% Reduced -15.3k -15,257
30 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 427,206427.2k $53.4m $53.4m 0.01% Added +3.3k +3,328
31 Elk River Wealth Management LLC 9.77% of their portfolio DENVER, CO 406,741406.7k $50.8m $50.8m 9.77% Added +12.9k +12,884
32 Cambridge Investment Research Advisors, Inc. 0.21% of their portfolio FAIRFIELD, IA 392,920392.9k $49.1m $49.1m 0.21% Reduced -4.5k -4,541
33 Mizuho Bank, Ltd. 5.61% of their portfolio TOKYO, M0 380,000380.0k $47.5m $47.5m 5.61% Unchanged
34 Linscomb Wealth, Inc. 2.20% of their portfolio Houston, TX 320,482320.5k $40.1m $40.1m 2.20% Reduced -18.1k -18,130
35 MONETA GROUP INVESTMENT ADVISORS LLC 0.78% of their portfolio ST LOUIS, MO 317,376317.4k $39.7m $39.7m 0.78% Reduced -8.3k -8,316
36 J.Safra Asset Management Corp 5.57% of their portfolio NEW YORK, NY 316,983317.0k $39.6m $39.6m 5.57% Reduced -16.0k -16,041
37 Orion Porfolio Solutions, LLC 0.44% of their portfolio OMAHA, NE 303,209303.2k $37.9m $37.9m 0.44% Reduced -47.9k -47,938
38 Orion Portfolio Solutions, LLC 0.44% of their portfolio Omaha, NE 303,209303.2k $37.9m $37.9m 0.44% Reduced -47.9k -47,938
39 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.31% of their portfolio IRVING, TX 301,539301.5k $37.7m $37.7m 0.31% Reduced -10.1k -10,109
40 O'Dell Group, LLC 9.17% of their portfolio CINCINNATI, OH 280,618280.6k $35.1m $35.1m 9.17% Reduced -9.4k -9,424
41 MARINO, STRAM & ASSOCIATES LLC 8.80% of their portfolio BRAINTREE, MA 272,247272.2k $34.0m $34.0m 8.80% Added +1.1k +1,135
42 Clearstead Advisors, LLC 1.65% of their portfolio CLEVELAND, OH 249,163249.2k $31.1m $31.1m 1.65% Reduced -322.1k -322,109
43 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 243,386243.4k $30.5m $30.5m 0.01% Added +8.7k +8,669
44 Graves Light Lenhart Wealth, Inc. 3.71% of their portfolio HARRISONBURG, VA 239,256239.3k $29.9m $29.9m 3.71% Added +1.4k +1,409
45 Baird Financial Group, Inc. 0.07% of their portfolio MILWAUKEE, WI 230,904230.9k $28.9m $28.9m 0.07% Added +408 +408
46 Mariner, LLC 0.07% of their portfolio Overland Park, KS 223,265223.3k $27.9m $27.9m 0.07% Reduced -21.3k -21,299
47 Wolff Financial Management LLC 8.34% of their portfolio KALAMAZOO, MI 216,228216.2k $27.0m $27.0m 8.34% Added +8.1k +8,099
48 Klingman & Associates, LLC 1.94% of their portfolio New York, NY 211,180211.2k $26.4m $26.4m 1.94% Reduced -461 -461
49 CAPTRUST FINANCIAL ADVISORS 0.09% of their portfolio RALEIGH, NC 206,792206.8k $25.8m $25.8m 0.09% Added +51.4k +51,402
50 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 206,129206.1k $25.8m $25.8m 0.03% Added +7.3k +7,266
51 SCOTIA CAPITAL INC. 0.17% of their portfolio TORONTO, A6 206,025206.0k $25.7m $25.7m 0.17% Reduced -2.2k -2,234
52 Rockefeller Capital Management L.P. 0.08% of their portfolio NEW YORK, NY 190,666190.7k $23.8m $23.8m 0.08% Added +21.5k +21,531
53 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.07% of their portfolio PLYMOUTH, MN 189,578189.6k $23.7m $23.7m 0.07% Reduced -5.9k -5,885
54 UMB Bank, n.a. 0.34% of their portfolio Kansas City, MO 183,663183.7k $23.0m $23.0m 0.34% Reduced -23.9k -23,889
55 Cetera Investment Advisers 0.18% of their portfolio SCHAUMBURG, IL 179,743179.7k $22.5m $22.5m 0.18% Reduced -13.3k -13,350
56 MERCER GLOBAL ADVISORS INC /ADV 0.07% of their portfolio DENVER, CO 178,664178.7k $22.3m $22.3m 0.07% Added +2.0k +1,955
57 NWF Advisory Services Inc. 4.41% of their portfolio Los Angeles, CA 177,052177.1k $22.1m $22.1m 4.41% Added +1.2k +1,181
58 Flaharty Asset Management, LLC 3.46% of their portfolio CLEARWATER, FL 175,135175.1k $21.9m $21.9m 3.46% Added +2.7k +2,742
59 Kestra Advisory Services, LLC 0.18% of their portfolio AUSTIN, TX 174,718174.7k $21.8m $21.8m 0.18% Reduced -765 -765
60 HUNTINGTON NATIONAL BANK 0.19% of their portfolio COLUMBUS, OH 170,263170.3k $21.3m $21.3m 0.19% Reduced -1.9k -1,901
61 ProVise Management Group, LLC 1.76% of their portfolio CLEARWATER, FL 165,949165.9k $20.7m $20.7m 1.76% Reduced -9.2k -9,206
62 Capital Advisors, Ltd. LLC 2.91% of their portfolio SHAKER HEIGHTS, OH 165,937165.9k $20.7m $20.7m 2.91% Reduced -6.6k -6,605
63 Hyperion Partners, LLC 16.16% of their portfolio BERWYN, PA 163,223163.2k $20.4m $20.4m 16.16% Added +1.5k +1,464
64 Jackson, Grant Investment Advisers, Inc. 8.87% of their portfolio STAMFORD, CT 160,229160.2k $20.0m $20.0m 8.87% Reduced -1.8k -1,783
65 Private Advisor Group, LLC 0.14% of their portfolio MORRISTOWN, NJ 148,211148.2k $18.5m $18.5m 0.14% Reduced -30.8k -30,794
66 TD PRIVATE CLIENT WEALTH LLC 0.66% of their portfolio NEW YORK, NY 147,096147.1k $18.4m $18.4m 0.66% Reduced -10.6k -10,621
67 COMERICA BANK 0.08% of their portfolio DALLAS, TX 144,220144.2k $18.0m $18.0m 0.08% Reduced -7.8k -7,807
68 Steward Partners Investment Advisory, LLC 0.24% of their portfolio STAMFORD, CT 141,381141.4k $17.7m $17.7m 0.24% Added +5.9k +5,879
69 Roble, Belko & Company, Inc 3.28% of their portfolio SEWICKLEY, PA 139,393139.4k $17.4m $17.4m 3.28% Added +3.4k +3,426
70 IHT Wealth Management, LLC 0.75% of their portfolio Chicago, IL 134,503134.5k $16.8m $16.8m 0.75% Reduced -334 -334
71 Atria Wealth Solutions, Inc. 0.21% of their portfolio NEW YORK, NY 131,861131.9k $16.5m $16.5m 0.21% Reduced -341 -341
72 BOKF, NA 0.31% of their portfolio TULSA, OK 126,135126.1k $15.8m $15.8m 0.31% Reduced -12.7k -12,689
73 FINANCIAL COUNSELORS INC 0.27% of their portfolio Overland Park, KS 122,742122.7k $15.3m $15.3m 0.27% Reduced -2.8k -2,827
74 ARGENT CAPITAL MANAGEMENT LLC 0.49% of their portfolio ST LOUIS, MO 121,163121.2k $15.1m $15.1m 0.49% New
75 Baltimore-Washington Financial Advisors, Inc. 1.03% of their portfolio Columbia, MD 118,749118.7k $14.8m $14.8m 1.03% Reduced -28.4k -28,438
76 CRA Financial Services, LLC 3.61% of their portfolio NORTHFIELD, NJ 118,121118.1k $14.8m $14.8m 3.61% Reduced -2.1k -2,147
77 Associated Banc-Corp 0.51% of their portfolio Green Bay, WI 116,895116.9k $14.6m $14.6m 0.51% Added +12.0k +11,984
78 Hubbell Strickland Wealth Management, LLC 7.69% of their portfolio NEW ORLEANS, LA 112,456112.5k $14.1m $14.1m 7.69% Reduced -1.3k -1,307
79 Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 2.47% of their portfolio FORT WORTH, TX 110,578110.6k $13.8m $13.8m 2.47% Reduced -710 -710
80 AVANTAX ADVISORY SERVICES, INC. 0.14% of their portfolio DALLAS, TX 108,833108.8k $13.6m $13.6m 0.14% Reduced -690 -690
81 Cadent Capital Advisors, LLC 6.75% of their portfolio TULSA, OK 106,760106.8k $13.3m $13.3m 6.75% Added +1.1k +1,060
82 Parcion Private Wealth LLC 1.22% of their portfolio BELLEVUE, WA 106,369106.4k $13.3m $13.3m 1.22% Added +7.7k +7,683
83 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 102,118102.1k $12.8m $12.8m 0.00% Reduced -2.6k -2,582
84 KCM INVESTMENT ADVISORS LLC 0.50% of their portfolio GREENBRAE, CA 99,84899.8k $12.5m $12.5m 0.50% Reduced -5.9k -5,904
85 HB Wealth Management, LLC 0.18% of their portfolio Atlanta, GA 99,61899.6k $12.4m $12.4m 0.18% Reduced -15.7k -15,720
86 SARD WEALTH MANAGEMENT GROUP, LLC 12.38% of their portfolio ATLANTA, GA 98,14798.1k $12.3m $12.3m 12.38% First filing
87 CIBC WORLD MARKET INC. 0.03% of their portfolio TORONTO, A6 98,12998.1k $12.3m $12.3m 0.03% Added +4.6k +4,624
88 NBT BANK, N.A. 0.95% of their portfolio NORWICH, NY 97,02997.0k $12.1m $12.1m 0.95% Reduced -40 -40
89 Regent Peak Wealth Advisors LLC 3.26% of their portfolio ATLANTA, GA 96,14096.1k $12.0m $12.0m 3.26% Reduced -39.0k -39,026
90 HOLLENCREST CAPITAL MANAGEMENT 1.13% of their portfolio NEWPORT BEACH, CA 95,35295.4k $11.9m $11.9m 1.13% Reduced -69.7k -69,690
91 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 94,27494.3k $11.8m $11.8m 0.02% Reduced -2.1k -2,092
92 Savant Capital, LLC 0.15% of their portfolio ROCKFORD, IL 93,64093.6k $11.7m $11.7m 0.15% Reduced -1.4k -1,356
93 1832 Asset Management L.P. 0.02% of their portfolio TORONTO, A6 92,69692.7k $11.6m $11.6m 0.02% Reduced -4.4k -4,444
94 WESBANCO BANK INC 0.66% of their portfolio WHEELING, WV 92,56092.6k $11.6m $11.6m 0.66% Reduced -764 -764
95 Equitable Holdings, Inc. 0.14% of their portfolio NEW YORK, NY 91,44991.4k $11.4m $11.4m 0.14% Reduced -32.9k -32,916
96 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 91,30591.3k $11.4m $11.4m 0.01% Reduced -1.9k -1,885
97 Forvis Mazars Wealth Advisors, LLC 0.32% of their portfolio Springfield, MO 91,00991.0k $11.4m $11.4m 0.32% Reduced -1.5k -1,520
98 Wellspring Financial Advisors, LLC 2.79% of their portfolio CLEVELAND, OH 89,62289.6k $11.2m $11.2m 2.79% Reduced -1.6k -1,598
99 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 88,61088.6k $11.1m $11.1m 0.02% Reduced -17.1k -17,122
100 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 88,28188.3k $11.0m $11.0m 0.02% Reduced -29.7k -29,687