Vault-13

SPDR SER TR KCE

S&P CAP MKTS · ETP · CUSIP 78464A771

99 institutional holders +2 vs Q1 2026
2,175,7802.2m shares reported held*
$320.4mreported value*
11 new 28 added 31 reduced 11 sold out net sold ≈ $11.5m (-78.1k 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. Holder counts are more reliable. Implied quarter-end price ≈ $147.26. Options: 1 managers hold calls ($368.1k notional), 1 hold puts ($353.4k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 47Q4 22: 49Q1 23: 48Q2 23: 46Q3 23: 62Q4 23: 83Q1 24: 80Q2 24: 89Q3 24: 106Q4 24: 131Q1 25: 125Q2 25: 118Q3 25: 110Q4 25: 101Q1 26: 97Q2 26: 9999Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202247
Q4 202249
Q1 202348
Q2 202346
Q3 202362
Q4 202383
Q1 202480
Q2 202489
Q3 2024106
Q4 2024131
Q1 2025125
Q2 2025118
Q3 2025110
Q4 2025101
Q1 202697
Q2 202699

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 51 bought or addedQ3 24: 40 cut or sold outQ4 24: 84 bought or addedQ4 24: 41 cut or sold outQ4 24Q1 25: 61 bought or addedQ1 25: 58 cut or sold outQ2 25: 43 bought or addedQ2 25: 65 cut or sold outQ2 25Q3 25: 55 bought or addedQ3 25: 45 cut or sold outQ4 25: 37 bought or addedQ4 25: 57 cut or sold outQ4 25Q1 26: 36 bought or addedQ1 26: 55 cut or sold outQ2 26: 39 bought or addedQ2 26: 42 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20245140
Q4 20248441
Q1 20256158
Q2 20254365
Q3 20255545
Q4 20253757
Q1 20263655
Q2 20263942

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ3 25 calls: $321.0kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $209.9kQ4 25 puts: $209.9kQ4 25P/C 1.00Q1 26 calls: $0Q1 26 puts: $220.2kQ1 26P/C —Q2 26 calls: $368.1kQ2 26 puts: $353.4kQ2 26P/C 0.96
Numbers
QuarterCallsPutsP/C
Q3 2025$321.0k$00.00
Q4 2025$209.9k$209.9k1.00
Q1 2026$0$220.2k—
Q2 2026$368.1k$353.4k0.96

Biggest buyers

ROYAL BANK OF CANADA Added +49,257+49.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +13,107+13.1k
Cambridge Investment Research Advisors, Inc. Added +7,179+7.2k
AMICA MUTUAL INSURANCE CO New +6,701+6.7k
XTX Topco Ltd New +4,372+4.4k
IMC-Chicago, LLC Added +4,073+4.1k
MML INVESTORS SERVICES, LLC Added +3,999+4.0k
CITADEL ADVISORS LLC Added +3,553+3.6k
ENVESTNET ASSET MANAGEMENT INC Added +3,101+3.1k
Accel Wealth Management Added +2,035+2.0k

Biggest sellers

UBS Group AG Reduced -58,782-58.8k
MEITAV INVESTMENT HOUSE LTD Reduced -26,996-27.0k
LPL Financial LLC Reduced -23,623-23.6k
TWO SIGMA INVESTMENTS, LP Sold out -23,300-23.3k
MORGAN STANLEY Reduced -13,149-13.1k
Thrivent Financial for Lutherans Reduced -7,558-7.6k
JANE STREET GROUP, LLC Reduced -6,507-6.5k
Farther Finance Advisors, LLC Reduced -5,817-5.8k
LEUTHOLD GROUP, LLC Sold out -3,470-3.5k
HBW ADVISORY SERVICES LLC Sold out -3,098-3.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $368.1k2.5k shares

Biggest puts

CITADEL ADVISORS LLC New $353.4k2.4k 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/ 0.01% of their portfolio CHARLOTTE, NC 699,851699.9k $103.0m $103.0m 0.01% Reduced -2.8k -2,845
2 MEITAV INVESTMENT HOUSE LTD 0.24% of their portfolio BENE-BERAQ, L3 246,277246.3k $36.3m $36.3m 0.24% Reduced -27.0k -26,996
3 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 154,704154.7k $22.8m $22.8m 0.04% Reduced -7.6k -7,558
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 142,242142.2k $20.9m $20.9m 0.00% Reduced -13.1k -13,149
5 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 0.84% of their portfolio Tel Aviv, L3 138,163138.2k $20.3m $20.3m 0.84% Unchanged
6 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 119,008119.0k $17.5m $17.5m 0.00% Reduced -23.6k -23,623
7 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 63,35463.4k $9.3m $9.3m 0.00% Added +49.3k +49,257
8 Royal Fund Management, LLC 0.67% of their portfolio Lady Lake, FL 54,50854.5k $8.0m $8.0m 0.67% Added +1.9k +1,918
9 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 50,77750.8k $7.5m $7.5m 0.00% Added +1.4k +1,434
10 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 0.87% of their portfolio Tel Aviv, L3 47,68747.7k $7.0m $7.0m 0.87% Unchanged
11 TigerOak Management, L.L.C. 1.19% of their portfolio NASHVILLE, TN 28,88128.9k $4.3m $4.3m 1.19% Added +476 +476
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 28,49428.5k $4.2m $4.2m 0.00% Reduced -58.8k -58,782
13 Accel Wealth Management 0.92% of their portfolio WAVERLY, IA 27,79827.8k $4.1m $4.1m 0.92% Added +2.0k +2,035
14 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 26,89726.9k $4.0m $4.0m 0.00% Added +3.1k +3,101
15 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 26,73126.7k $3.9m $3.9m 0.01% Added +4.0k +3,999
16 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 24,41724.4k $3.6m $3.6m 0.00% Added +13.1k +13,107
17 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 23,04623.0k $3.4m $3.4m 0.00% Reduced -97 -97
18 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 22,34722.3k $3.3m $3.3m 0.00% Reduced -267 -267
19 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 15,23615.2k $2.2m $2.2m 0.00% Added +7.2k +7,179
20 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 13,91113.9k $2.0m $2.0m 0.00% Added +376 +376
21 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 13,61313.6k $2.0m $2.0m 0.00% Added +869 +869
22 WESPAC Advisors SoCal, LLC 0.34% of their portfolio Pasadena, CA 12,91912.9k $1.9m $1.9m 0.34% Added +78 +78
23 IMC-Chicago, LLC 0.02% of their portfolio CHICAGO, IL 12,45412.5k $1.8m $1.8m 0.02% Added +4.1k +4,073
24 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 11,65411.7k $1.7m $1.7m 0.00% Added +3.6k +3,553
25 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 11,48911.5k $1.7m $1.7m 0.01% Reduced -821 -821
26 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 11,33811.3k $1.7m $1.7m 0.00% Reduced -779 -779
27 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 10,59410.6k $1.6m $1.6m 0.01% Reduced -5.8k -5,817
28 GRIMES & Co WEALTH MANAGEMENT, LLC 0.03% of their portfolio WESTBOROUGH, MA 9,6749.7k $1.4m $1.4m 0.03% Reduced -580 -580
29 MONEY CONCEPTS CAPITAL CORP 0.07% of their portfolio PALM BEACH GARDENS, FL 9,6469.6k $1.4m $1.4m 0.07% Reduced -53 -53
30 GTS SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 9,3629.4k $1.4m $1.4m 0.03% Added +612 +612
31 Global Financial Private Client, LLC 0.30% of their portfolio Sarasota, FL 7,5007.5k $1.1m $1.1m 0.30% Reduced -78 -78
32 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 7,4407.4k $1.1m $1.1m 0.00% Reduced -254 -254
33 AMICA MUTUAL INSURANCE CO 0.08% of their portfolio PROVIDENCE, RI 6,7016.7k $987.0k $987.0k 0.08% New
34 Arkadios Wealth Advisors 0.01% of their portfolio ATLANTA, GA 5,6565.7k $832.8k $832.8k 0.01% Added +434 +434
35 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 5,4585.5k $803.6k $803.6k 0.01% Added +40 +40
36 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 5,1135.1k $753.5k $753.5k 0.00% Reduced -2.3k -2,287
37 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 5,0175.0k $738.7k $738.7k 0.00% Added +970 +970
38 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 4,6194.6k $680.0k $680.0k 0.00% Added +35 +35
39 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 4,3724.4k $643.7k $643.7k 0.01% New
40 Worthington Financial Partners, LLC 0.48% of their portfolio WORTHINGTON, OH 3,9103.9k $575.7k $575.7k 0.48% Added +129 +129
41 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 3,5063.5k $516.2k $516.2k 0.00% Reduced -245 -245
42 Wealthfront Advisers LLC 0.00% of their portfolio Palo Alto, CA 3,3723.4k $496.5k $496.5k 0.00% Reduced -192 -192
43 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 3,3113.3k $487.5k $487.5k 0.00% Unchanged
44 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 3,2473.2k $478.1k $478.1k 0.00% Added +176 +176
45 HF Advisory Group, LLC 0.12% of their portfolio Annapolis, MD 2,7212.7k $400.6k $400.6k 0.12% Reduced -4 -4
46 Anchor Bay Capital, Inc. 0.24% of their portfolio CARLSBAD, CA 2,6702.7k $436.7k $436.7k 0.24% First filing
47 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 2,5262.5k $372.0k $372.0k 0.00% Added +67 +67
48 Harel Insurance Investments & Financial Services Ltd. 0.00% of their portfolio Ramat Gan, L3 2,5002.5k $368.0k $368.0k 0.00% Unchanged
49 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 2,1642.2k $318.6k $318.6k 0.00% Reduced -6.5k -6,507
50 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 2,1122.1k $311.0k $311.0k 0.00% Added +5 +5
51 Csenge Advisory Group 0.01% of their portfolio CLEARWATER, FL 1,8781.9k $276.5k $276.5k 0.01% New
52 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 1,8581.9k $273.6k $273.6k 0.00% Reduced -84 -84
53 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,7991.8k $264.8k $264.8k 0.00% Reduced -1.6k -1,575
54 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 1,7481.7k $257.4k $257.4k 0.00% New
55 FMR LLC 0.00% of their portfolio BOSTON, MA 1,6931.7k $249.3k $249.3k 0.00% Reduced -62 -62
56 Gladstone Institutional Advisory LLC 0.01% of their portfolio Bedminster, NJ 1,6781.7k $247.1k $247.1k 0.01% Reduced -147 -147
57 Headland Capital, LLC 0.06% of their portfolio MT. PLEASANT, SC 1,6641.7k $245.0k $245.0k 0.06% Reduced -281 -281
58 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 1,6041.6k $236.2k $236.2k 0.00% Added +3 +3
59 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 1,4531.5k $213.9k $213.9k 0.01% Reduced -2.5k -2,525
60 Tidemark, LLC 0.04% of their portfolio SAN DIEGO, CA 1,2421.2k $182.9k $182.9k 0.04% Added +53 +53
61 EP Wealth Advisors, LLC 0.00% of their portfolio TORRANCE, CA 1,2131.2k $178.6k $178.6k 0.00% New
62 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 1,0101.0k $148.7k $148.7k 0.00% Added +866 +866
63 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 1,0031.0k $147.7k $147.7k 0.00% Added +678 +678
64 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 598598 $88.0k $88.0k 0.00% New
65 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 499499 $73.5k $73.5k 0.00% Reduced -60 -60
66 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 488488 $71.9k $71.9k 0.00% Unchanged
67 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 469469 $69.0k $69.0k 0.00% Reduced -316 -316
68 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 432432 $63.6k $63.6k 0.00% Reduced -45 -45
69 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 383383 $56.4k $56.4k 0.00% Unchanged
70 Provenance Wealth Advisors, LLC 0.00% of their portfolio FORT LAUDERDALE, FL 225225 $33.1k $33.1k 0.00% Unchanged
71 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 190190 $28.0k $28.0k 0.00% Unchanged
72 MCF Advisors LLC 0.00% of their portfolio LEXINGTON, KY 176176 $26.0k $26.0k 0.00% Unchanged
73 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 166166 $24.5k $24.5k 0.00% Added +41 +41
74 Main Street Group, LTD 0.00% of their portfolio GLEN ALLEN, VA 145145 $21.3k $21.3k 0.00% Unchanged
75 IFG Advisory, LLC 0.00% of their portfolio ATLANTA, GA 144144 $21.1k $21.1k 0.00% New
76 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 140140 $20.6k $20.6k 0.00% Unchanged
77 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 112112 $16.5k $16.5k 0.00% Unchanged
78 Orion Capital Management LLC 0.00% of their portfolio CORONADO, CA 9393 $13.8k $13.8k 0.00% Unchanged
79 Asset Dedication, LLC 0.00% of their portfolio SAN FRANCISCO, CA 8585 $12.5k $12.5k 0.00% Unchanged
80 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 7070 $10.3k $10.3k 0.00% Unchanged
81 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 6565 $9.6k $9.6k 0.00% Unchanged
82 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 5858 $8.7k $8.7k 0.00% Unchanged
83 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 4949 $7.2k $7.2k 0.00% Unchanged
84 Ashton Thomas Private Wealth, LLC 0.00% of their portfolio SCOTTSDALE, AZ 4747 $6.9k $6.9k 0.00% Unchanged
85 CITY HOLDING CO 0.00% of their portfolio CHARLESTON, WV 4545 $6.6k $6.6k 0.00% Unchanged
86 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 4444 $6.5k $6.5k 0.00% New
87 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 4444 $6.5k $6.5k 0.00% New
88 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 4242 $6.2k $6.2k 0.00% Unchanged
89 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 2929 $4.3k $4.3k 0.00% Reduced -74 -74
90 Independence Bank of Kentucky 0.00% of their portfolio OWENSBORO, KY 2525 $3.7k $3.7k 0.00% Unchanged
91 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 2525 $3.7k $3.7k 0.00% First filing
92 Cranbrook Wealth Management, LLC 0.00% of their portfolio Bloomfield Hills, MI 2020 $2.9k $2.9k 0.00% Unchanged
93 ARK Investment Management LLC 0.00% of their portfolio ST. PETERSBURG, FL 1919 $2.8k $2.8k 0.00% New
94 Central Pacific Bank - Trust Division 0.00% of their portfolio HONOLULU, HI 1818 $2.6k $2.6k 0.00% Unchanged
95 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1717 $2.5k $2.5k 0.00% New
96 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 1313 $1.9k $1.9k 0.00% Unchanged
97 Cullen/Frost Bankers, Inc. 0.00% of their portfolio San Antonio, TX 1010 $1.5k $1.5k 0.00% Reduced -72 -72
98 HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio NEWPORT BEACH, CA 55 $736 $736 0.00% Unchanged
99 HANTZ FINANCIAL SERVICES, INC. 0.00% of their portfolio SOUTHFIELD, MI 44 $1.0k $1.0k 0.00% Not comparable