Vault-13

SPDR SER TR SDY

S&P DIVID ETF · ETP · CUSIP 78464A763

1,115 institutional holders -10 vs Q4 2023
78,721,93778.7m shares reported held*
$10.3bnreported value*
67 new 295 added 490 reduced 69 sold out net sold ≈ $113.4m (-837.0k 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 ($9.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $131.38. Options: 3 managers hold calls ($13.1m notional), 3 hold puts ($2.2m).

Trends to Q1 2024

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: 1,125Q1 24: 1,1151,115Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 20221,031
Q4 20221,126
Q1 20231,108
Q2 20231,098
Q3 20231,053
Q4 20231,125
Q1 20241,115

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 23Q1 24: 362 bought or addedQ1 24: 559 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022511354
Q1 2023431450
Q2 2023366499
Q3 2023372484
Q4 2023368526
Q1 2024362559

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ2 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 0.83Q1 24 calls: $13.1mQ1 24 puts: $2.2mQ1 24P/C 0.17
Numbers
QuarterCallsPutsP/C
Q2 2023$17.1m$4.6m0.27
Q3 2023$14.8m$7.6m0.52
Q4 2023$10.3m$8.5m0.83
Q1 2024$13.1m$2.2m0.17

Biggest buyers

MORGAN STANLEY Added +4,384,811+4.4m
Cetera Investment Advisers Added +509,007+509.0k
Legacy Financial Group LLC Added +370,094+370.1k
Nan Shan Life Insurance Co., Ltd. New +283,410+283.4k
Prosperity Consulting Group, LLC Added +76,309+76.3k
NATIONAL BANK OF CANADA /FI/ Added +63,767+63.8k
CWM, LLC Added +60,790+60.8k
Composition Wealth, LLC Added +55,096+55.1k
Gunma Bank,Ltd. New +55,000+55.0k
CITADEL ADVISORS LLC Added +40,223+40.2k

Biggest sellers

JPMORGAN CHASE & CO Reduced -2,407,778-2.4m
BANK OF AMERICA CORP /DE/ Reduced -573,156-573.2k
Cetera Advisor Networks LLC Sold out -518,395-518.4k
Mizuho Bank, Ltd. Sold out -380,000-380.0k
UBS Group AG Reduced -170,477-170.5k
AMERIPRISE FINANCIAL INC Reduced -152,941-152.9k
LPL Financial LLC Reduced -124,827-124.8k
ARGENT CAPITAL MANAGEMENT LLC Sold out -121,163-121.2k
Roble, Belko & Company, Inc Reduced -120,240-120.2k
Bank of New York Mellon Corp Reduced -116,082-116.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $11.5m87.3k shares
CITADEL ADVISORS LLC Added $1.6m12.2k shares
Cutler Group LLC / CA Reduced $1.0k300 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.8m14.0k shares
CITADEL ADVISORS LLC Reduced $341.2k2.6k shares
Cutler Group LLC / CA Reduced $0900 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 14,348,20514.3m $1.9bn $1.9bn 0.05% Added +4.4m +4,384,811
2 BANK OF AMERICA CORP /DE/ 0.10% of their portfolio CHARLOTTE, NC 8,054,1468.1m $1.1bn $1.1bn 0.10% Reduced -573.2k -573,156
3 LPL Financial LLC 0.21% of their portfolio FORT MILL, SC 2,945,3752.9m $386.6m $386.6m 0.21% Reduced -124.8k -124,827
4 ROYAL BANK OF CANADA 0.08% of their portfolio TORONTO, A6 2,503,6862.5m $328.6m $328.6m 0.08% Reduced -95.9k -95,900
5 Joel Isaacson & Co., LLC 17.18% of their portfolio NEW YORK, NY 2,387,2932.4m $313.3m $313.3m 17.18% Added +13.8k +13,755
6 RAYMOND JAMES & ASSOCIATES 0.20% of their portfolio ST PETERSBURG, FL 2,301,4962.3m $302.0m $302.0m 0.20% Reduced -30.8k -30,772
7 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,237,4082.2m $293.6m $293.6m 0.01% Reduced -2.4m -2,407,778
8 AMERIPRISE FINANCIAL INC 0.08% of their portfolio MINNEAPOLIS, MN 2,145,4182.1m $281.8m $281.8m 0.08% Reduced -152.9k -152,941
9 WELLS FARGO & COMPANY/MN 0.07% of their portfolio SAN FRANCISCO, CA 1,885,4331.9m $247.4m $247.4m 0.07% Reduced -18.0k -17,955
10 UBS Group AG 0.08% of their portfolio ZURICH, V8 1,823,0611.8m $239.3m $239.3m 0.08% Reduced -170.5k -170,477
11 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 1,343,4931.3m $176.3m $176.3m 0.07% Reduced -14.1k -14,063
12 Richard Bernstein Advisors LLC 3.78% of their portfolio NEW YORK, NY 1,341,2911.3m $176.0m $176.0m 3.78% Reduced -35.1k -35,111
13 COMMONWEALTH EQUITY SERVICES, LLC 0.26% of their portfolio WALTHAM, MA 1,174,8281.2m $154.2m $154.2m 0.26% Reduced -55.3k -55,258
14 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 1,168,3651.2m $153.3m $153.3m 0.03% Reduced -116.1k -116,082
15 Janney Montgomery Scott LLC 0.42% of their portfolio PHILADELPHIA, PA 1,080,6931.1m $141.8m $141.8m 0.42% Reduced -34.9k -34,925
16 Raymond James Financial Services Advisors, Inc. 0.19% of their portfolio ST. PETERSBURG, FL 982,908982.9k $129.0m $129.0m 0.19% Reduced -37.5k -37,540
17 TRUIST FINANCIAL CORP 0.19% of their portfolio CHARLOTTE, NC 976,684976.7k $128.2m $128.2m 0.19% Reduced -81.4k -81,446
18 Pathstone Holdings, LLC 0.48% of their portfolio ENGLEWOOD, NJ 782,244782.2k $102.7m $102.7m 0.48% Added +23.5k +23,508
19 1ST SOURCE BANK 5.80% of their portfolio SOUTH BEND, IN 760,858760.9k $99.9m $99.9m 5.80% Reduced -105.8k -105,828
20 Destination Wealth Management 3.06% of their portfolio Walnut Creek, CA 701,537701.5k $92.1m $92.1m 3.06% Added +11.1k +11,132
21 Cetera Investment Advisers 0.21% of their portfolio SCHAUMBURG, IL 688,750688.8k $90.4m $90.4m 0.21% Added +509.0k +509,007
22 Capital Investment Advisors, LLC 1.72% of their portfolio ATLANTA, GA 563,851563.9k $74.0m $74.0m 1.72% Reduced -18.8k -18,838
23 OSAIC HOLDINGS, INC. 0.16% of their portfolio SCOTTSDALE, AZ 541,936541.9k $71.1m $71.1m 0.16% Reduced -12.6k -12,620
24 MAI Capital Management 0.72% of their portfolio INDEPENDENCE, OH 527,434527.4k $69.2m $69.2m 0.72% Added +7.1k +7,095
25 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 516,518516.5k $67.8m $67.8m 0.00% Added +1.2k +1,210
26 HighTower Advisors, LLC 0.11% of their portfolio CHICAGO, IL 508,803508.8k $66.8m $66.8m 0.11% Reduced -21.9k -21,857
27 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 462,076462.1k $60.6m $60.6m 0.04% Added +6.7k +6,734
28 Creative Planning 0.07% of their portfolio OVERLAND PARK, KS 456,776456.8k $59.9m $59.9m 0.07% Reduced -46.0k -46,033
29 MML INVESTORS SERVICES, LLC 0.25% of their portfolio SPRINGFIELD, MA 454,649454.6k $59.7m $59.7m 0.25% Reduced -2.0k -2,005
30 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 418,447418.4k $54.9m $54.9m 0.01% Reduced -8.8k -8,759
31 Legacy Financial Group LLC 10.46% of their portfolio DES MOINES, IA 393,594393.6k $51.7m $51.7m 10.46% Added +370.1k +370,094
32 Cambridge Investment Research Advisors, Inc. 0.19% of their portfolio FAIRFIELD, IA 372,692372.7k $48.9m $48.9m 0.19% Reduced -20.2k -20,228
33 Elk River Wealth Management LLC 9.68% of their portfolio DENVER, CO 362,805362.8k $47.6m $47.6m 9.68% Reduced -43.9k -43,936
34 MONETA GROUP INVESTMENT ADVISORS LLC 0.74% of their portfolio ST LOUIS, MO 346,116346.1k $45.4m $45.4m 0.74% Added +28.7k +28,740
35 J.Safra Asset Management Corp 4.94% of their portfolio NEW YORK, NY 332,300332.3k $43.6m $43.6m 4.94% Added +15.3k +15,317
36 Linscomb Wealth, Inc. 2.09% of their portfolio Houston, TX 309,191309.2k $40.6m $40.6m 2.09% Reduced -11.3k -11,291
37 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.32% of their portfolio IRVING, TX 297,943297.9k $39.1m $39.1m 0.32% Reduced -3.6k -3,596
38 Nan Shan Life Insurance Co., Ltd. 0.87% of their portfolio Taipei City, F5 283,410283.4k $37.2m $37.2m 0.87% New
39 Orion Porfolio Solutions, LLC 0.40% of their portfolio OMAHA, NE 282,470282.5k $37.1m $37.1m 0.40% Reduced -20.7k -20,739
40 Orion Portfolio Solutions, LLC 0.40% of their portfolio Omaha, NE 282,470282.5k $37.1m $37.1m 0.40% Reduced -20.7k -20,739
41 O'Dell Group, LLC 8.76% of their portfolio CINCINNATI, OH 272,349272.3k $35.7m $35.7m 8.76% Reduced -8.3k -8,269
42 MARINO, STRAM & ASSOCIATES LLC 8.30% of their portfolio BRAINTREE, MA 266,961267.0k $35.0m $35.0m 8.30% Reduced -5.3k -5,286
43 Clearstead Advisors, LLC 1.59% of their portfolio CLEVELAND, OH 244,989245.0k $32.2m $32.2m 1.59% Reduced -4.2k -4,174
44 Graves Light Lenhart Wealth, Inc. 3.60% of their portfolio HARRISONBURG, VA 236,758236.8k $31.1m $31.1m 3.60% Reduced -2.5k -2,498
45 Baird Financial Group, Inc. 0.06% of their portfolio MILWAUKEE, WI 235,065235.1k $30.8m $30.8m 0.06% Added +4.2k +4,161
46 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 229,273229.3k $30.2m $30.2m 0.01% Reduced -14.1k -14,113
47 Wolff Financial Management LLC 8.40% of their portfolio KALAMAZOO, MI 219,566219.6k $28.8m $28.8m 8.40% Added +3.3k +3,338
48 Mariner, LLC 0.06% of their portfolio Overland Park, KS 215,626215.6k $28.3m $28.3m 0.06% Reduced -7.6k -7,639
49 Klingman & Associates, LLC 1.92% of their portfolio New York, NY 210,687210.7k $27.7m $27.7m 1.92% Reduced -493 -493
50 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 207,427207.4k $27.2m $27.2m 0.03% Added +1.3k +1,298
51 SCOTIA CAPITAL INC. 0.16% of their portfolio TORONTO, A6 204,948204.9k $26.9m $26.9m 0.16% Reduced -1.1k -1,077
52 Flaharty Asset Management, LLC 3.92% of their portfolio CLEARWATER, FL 201,018201.0k $26.4m $26.4m 3.92% Added +25.9k +25,883
53 Rockefeller Capital Management L.P. 0.07% of their portfolio NEW YORK, NY 194,011194.0k $25.5m $25.5m 0.07% Added +3.3k +3,345
54 NWF Advisory Services Inc. 3.94% of their portfolio Los Angeles, CA 179,631179.6k $23.6m $23.6m 3.94% Added +2.6k +2,579
55 Jackson, Grant Investment Advisers, Inc. 9.44% of their portfolio STAMFORD, CT 175,502175.5k $23.0m $23.0m 9.44% Added +15.3k +15,273
56 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.06% of their portfolio PLYMOUTH, MN 169,140169.1k $22.2m $22.2m 0.06% Reduced -20.4k -20,438
57 Hyperion Partners, LLC 16.21% of their portfolio BERWYN, PA 168,621168.6k $22.1m $22.1m 16.21% Added +5.4k +5,398
58 HUNTINGTON NATIONAL BANK 0.18% of their portfolio COLUMBUS, OH 167,114167.1k $21.9m $21.9m 0.18% Reduced -3.1k -3,149
59 Capital Advisors, Ltd. LLC 2.79% of their portfolio SHAKER HEIGHTS, OH 163,309163.3k $21.4m $21.4m 2.79% Reduced -2.6k -2,628
60 UMB Bank, n.a. 0.33% of their portfolio Kansas City, MO 157,911157.9k $20.7m $20.7m 0.33% Reduced -25.8k -25,752
61 Kestra Advisory Services, LLC 0.13% of their portfolio AUSTIN, TX 149,599149.6k $19.6m $19.6m 0.13% Reduced -25.1k -25,119
62 CAPTRUST FINANCIAL ADVISORS 0.07% of their portfolio RALEIGH, NC 144,756144.8k $19.0m $19.0m 0.07% Reduced -62.0k -62,036
63 Steward Partners Investment Advisory, LLC 0.21% of their portfolio STAMFORD, CT 144,311144.3k $18.9m $18.9m 0.21% Added +2.9k +2,930
64 Private Advisor Group, LLC 0.13% of their portfolio MORRISTOWN, NJ 142,367142.4k $18.7m $18.7m 0.13% Reduced -5.8k -5,844
65 TD PRIVATE CLIENT WEALTH LLC 0.59% of their portfolio NEW YORK, NY 137,549137.5k $18.1m $18.1m 0.59% Reduced -9.5k -9,547
66 COMERICA BANK 0.08% of their portfolio DALLAS, TX 137,326137.3k $18.0m $18.0m 0.08% Reduced -6.9k -6,894
67 Atria Wealth Solutions, Inc. 0.19% of their portfolio NEW YORK, NY 130,651130.7k $17.1m $17.1m 0.19% Reduced -1.2k -1,210
68 Baltimore-Washington Financial Advisors, Inc. 1.06% of their portfolio Columbia, MD 130,408130.4k $17.1m $17.1m 1.06% Added +11.7k +11,659
69 Prosperity Consulting Group, LLC 2.13% of their portfolio OWINGS MILLS, MD 129,121129.1k $16.9m $16.9m 2.13% Added +76.3k +76,309
70 BOKF, NA 0.29% of their portfolio TULSA, OK 122,728122.7k $16.0m $16.0m 0.29% Reduced -3.4k -3,407
71 CWM, LLC 0.08% of their portfolio OMAHA, NE 118,784118.8k $15.6m $15.6m 0.08% Added +60.8k +60,790
72 CRA Financial Services, LLC 3.33% of their portfolio NORTHFIELD, NJ 116,765116.8k $15.3m $15.3m 3.33% Reduced -1.4k -1,356
73 Associated Banc-Corp 0.48% of their portfolio Green Bay, WI 115,915115.9k $15.2m $15.2m 0.48% Reduced -980 -980
74 FINANCIAL COUNSELORS INC 0.25% of their portfolio Overland Park, KS 115,276115.3k $15.1m $15.1m 0.25% Reduced -7.5k -7,466
75 NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio MONTREAL, A8 110,641110.6k $14.5m $14.5m 0.03% Added +63.8k +63,767
76 Hubbell Strickland Wealth Management, LLC 7.32% of their portfolio NEW ORLEANS, LA 110,242110.2k $14.5m $14.5m 7.32% Reduced -2.2k -2,214
77 ProVise Management Group, LLC 1.23% of their portfolio CLEARWATER, FL 108,497108.5k $14.2m $14.2m 1.23% Reduced -57.5k -57,452
78 AVANTAX ADVISORY SERVICES, INC. 0.12% of their portfolio DALLAS, TX 106,472106.5k $14.0m $14.0m 0.12% Reduced -2.4k -2,361
79 Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 2.29% of their portfolio FORT WORTH, TX 105,653105.7k $13.9m $13.9m 2.29% Reduced -4.9k -4,925
80 MERCER GLOBAL ADVISORS INC /ADV 0.04% of their portfolio DENVER, CO 101,012101.0k $13.3m $13.3m 0.04% Reduced -77.7k -77,652
81 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 100,417100.4k $13.2m $13.2m 0.00% Reduced -1.7k -1,701
82 HB Wealth Management, LLC 0.16% of their portfolio Atlanta, GA 98,92198.9k $13.0m $13.0m 0.16% Reduced -697 -697
83 CIBC WORLD MARKET INC. 0.03% of their portfolio TORONTO, A6 98,90798.9k $13.0m $13.0m 0.03% Added +778 +778
84 SARD WEALTH MANAGEMENT GROUP, LLC 11.70% of their portfolio ATLANTA, GA 98,67098.7k $12.9m $12.9m 11.70% Added +523 +523
85 Equitable Holdings, Inc. 0.14% of their portfolio NEW YORK, NY 97,81997.8k $12.8m $12.8m 0.14% Added +6.4k +6,370
86 KCM INVESTMENT ADVISORS LLC 0.47% of their portfolio GREENBRAE, CA 97,16197.2k $12.8m $12.8m 0.47% Reduced -2.7k -2,687
87 FMR LLC 0.00% of their portfolio BOSTON, MA 97,06597.1k $12.7m $12.7m 0.00% Added +13.5k +13,472
88 Mesirow Financial Investment Management, Inc. 0.29% of their portfolio CHICAGO, IL 96,61696.6k $12.7m $12.7m 0.29% Added +9.1k +9,136
89 NBT BANK, N.A. 0.92% of their portfolio NORWICH, NY 96,18796.2k $12.6m $12.6m 0.92% Reduced -842 -842
90 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 94,69294.7k $12.4m $12.4m 0.01% Added +3.4k +3,387
91 WESBANCO BANK INC 0.46% of their portfolio WHEELING, WV 92,54592.5k $12.1m $12.1m 0.46% Reduced -15 -15
92 Savant Capital, LLC 0.14% of their portfolio ROCKFORD, IL 91,70691.7k $12.0m $12.0m 0.14% Reduced -1.9k -1,934
93 Forvis Mazars Wealth Advisors, LLC 0.30% of their portfolio Springfield, MO 89,66789.7k $11.8m $11.8m 0.30% Reduced -1.3k -1,342
94 IHT Wealth Management, LLC 0.45% of their portfolio Chicago, IL 85,59185.6k $11.2m $11.2m 0.45% Reduced -48.9k -48,912
95 Regent Peak Wealth Advisors LLC 2.82% of their portfolio ATLANTA, GA 84,59484.6k $11.1m $11.1m 2.82% Reduced -11.5k -11,546
96 SAGE RHINO CAPITAL LLC 2.62% of their portfolio MENLO PARK, CA 84,52284.5k $11.1m $11.1m 2.62% Added +889 +889
97 Salomon & Ludwin, LLC 0.94% of their portfolio RICHMOND, VA 83,17683.2k $10.9m $10.9m 0.94% Reduced -4.0k -4,042
98 IRONWOOD WEALTH MANAGEMENT, INC. 5.55% of their portfolio HURRICANE, WV 83,08483.1k $10.6m $10.6m 5.55% Added +1.2k +1,173
99 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 82,82182.8k $10.9m $10.9m 0.02% Reduced -11.5k -11,453
100 Ameritas Investment Partners, Inc. 0.37% of their portfolio LINCOLN, NE 82,73982.7k $10.9m $10.9m 0.37% Added +1.7k +1,693