Vault-13

SPDR SER TR KBE

S&P BK ETF · ETP · CUSIP 78464A797

230 institutional holders -14 vs Q3 2022
20,825,99320.8m shares reported held*
$940.3mreported value*
23 new 52 added 87 reduced 40 sold out net sold ≈ $30.2m (-668.4k 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 ($63.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $45.15. Options: 8 managers hold calls ($50.2m notional), 15 hold puts ($247.7m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 244Q4 22: 230230Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022244
Q4 2022230

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ3 22 calls: $46.1mQ3 22 puts: $143.5mQ3 22P/C 3.11Q4 22 calls: $50.2mQ4 22 puts: $247.7mQ4 22P/C 4.93
Numbers
QuarterCallsPutsP/C
Q3 2022$46.1m$143.5m3.11
Q4 2022$50.2m$247.7m4.93

Biggest buyers

CITIGROUP INC Added +1,545,283+1.5m
MORGAN STANLEY Added +879,976+880.0k
Itau Unibanco Holding S.A. Added +230,287+230.3k
GOLDMAN SACHS GROUP INC Added +206,722+206.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +152,224+152.2k
TWO SIGMA INVESTMENTS, LP New +116,000+116.0k
CREDIT SUISSE AG/ Added +109,293+109.3k
FLAGSHIP HARBOR ADVISORS, LLC Added +109,277+109.3k
UBS Group AG Added +91,517+91.5k
JCSD Capital, LLC New +75,500+75.5k

Biggest sellers

JPMORGAN CHASE & CO Reduced -1,448,745-1.4m
LPL Financial LLC Reduced -401,387-401.4k
BANK HAPOALIM BM Sold out -374,000-374.0k
BANK OF AMERICA CORP /DE/ Reduced -334,284-334.3k
Thrivent Financial for Lutherans Reduced -322,925-322.9k
ENVESTNET ASSET MANAGEMENT INC Reduced -188,105-188.1k
Clark Capital Management Group, Inc. Sold out -186,121-186.1k
ROYAL BANK OF CANADA Reduced -97,813-97.8k
HRT FINANCIAL LP Sold out -76,373-76.4k
Alaska Permanent Fund Corp Reduced -75,000-75.0k

Biggest calls

CITADEL ADVISORS LLC Added $19.1m423.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $11.0m244.5k shares
CITIGROUP INC New $9.0m200.0k shares
Walleye Trading LLC Unchanged $4.1m91.5k shares
Parallax Volatility Advisers, L.P. Added $3.7m82.9k shares
PEAK6 Investments LLC Reduced $2.0m44.3k shares
MILLENNIUM MANAGEMENT LLC New $1.1m25.2k shares
Cutler Group LLC / CA Reduced $01.2k shares

Biggest puts

BANK OF AMERICA CORP /DE/ Added $74.9m1.7m shares
ROYAL BANK OF CANADA Added $34.6m766.3k shares
MARSHALL WACE, LLP New $27.8m616.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $27.0m597.1k shares
Walleye Trading LLC Added $19.7m435.7k shares
Parallax Volatility Advisers, L.P. Added $16.7m370.1k shares
BOOTHBAY FUND MANAGEMENT, LLC Unchanged $11.3m250.0k shares
CITADEL ADVISORS LLC Added $11.0m243.5k shares
GOLDMAN SACHS GROUP INC Reduced $7.2m160.0k shares
PEAK6 Investments LLC Added $5.8m127.4k 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, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GOLDMAN SACHS GROUP INC 0.05% of their portfolio NEW YORK, NY 4,090,1554.1m $184.7m $184.7m 0.05% Added +206.7k +206,722
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,694,1632.7m $121.6m $121.6m 0.01% Added +880.0k +879,976
3 CITIGROUP INC 0.12% of their portfolio NEW YORK, NY 1,882,6971.9m $85.0m $85.0m 0.12% Added +1.5m +1,545,283
4 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,730,9031.7m $78.2m $78.2m 0.01% Reduced -1.4m -1,448,745
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,441,4911.4m $65.1m $65.1m 0.01% Reduced -334.3k -334,284
6 UBS Group AG 0.02% of their portfolio ZURICH, V8 949,441949.4k $42.9m $42.9m 0.02% Added +91.5k +91,517
7 Itau Unibanco Holding S.A. 1.13% of their portfolio SAO PAULO, D5 613,275613.3k $27.7m $27.7m 1.13% Added +230.3k +230,287
8 MEITAV INVESTMENT HOUSE LTD 0.42% of their portfolio BENE-BERAQ, L3 534,352534.4k $24.3m $24.3m 0.42% Reduced -15.8k -15,836
9 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 521,792521.8k $23.6m $23.6m 0.01% Reduced -97.8k -97,813
10 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 334,145334.1k $15.1m $15.1m 0.01% Reduced -10.9k -10,901
11 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 1.25% of their portfolio Tel Aviv, L3 332,827332.8k $15.2m $15.2m 1.25% Unchanged
12 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 331,329331.3k $15.0m $15.0m 0.03% Reduced -57.9k -57,914
13 Alaska Permanent Fund Corp 0.24% of their portfolio JUNEAU, AK 325,000325.0k $14.7m $14.7m 0.24% Reduced -75.0k -75,000
14 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 307,730307.7k $13.9m $13.9m 0.00% Reduced -35.2k -35,168
15 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 290,919290.9k $13.1m $13.1m 0.01% Reduced -28.4k -28,434
16 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 244,393244.4k $11.0m $11.0m 0.01% Reduced -401.4k -401,387
17 ProVise Management Group, LLC 0.98% of their portfolio CLEARWATER, FL 214,700214.7k $9.7m $9.7m 0.98% Added +11.4k +11,363
18 United Asset Strategies, Inc. 1.07% of their portfolio GARDEN CITY, NY 170,286170.3k $7.7m $7.7m 1.07% Reduced -2.9k -2,903
19 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 167,706167.7k $7.6m $7.6m 0.01% Added +152.2k +152,224
20 Public Sector Pension Investment Board 0.06% of their portfolio MONTREAL, A8 160,000160.0k $7.2m $7.2m 0.06% Unchanged
21 Wharton Business Group, LLC 0.38% of their portfolio MALVERN, PA 145,446145.4k $6.6m $6.6m 0.38% Reduced -6.5k -6,465
22 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 138,519138.5k $6.3m $6.3m 0.01% Added +109.3k +109,293
23 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 132,930132.9k $6.0m $6.0m 0.01% Reduced -7.8k -7,794
24 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 116,000116.0k $5.2m $5.2m 0.02% New
25 FLAGSHIP HARBOR ADVISORS, LLC 0.53% of their portfolio BOSTON, MA 114,956115.0k $5.2m $5.2m 0.53% Added +109.3k +109,277
26 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 108,048108.0k $4.9m $4.9m 0.01% Reduced -56.3k -56,305
27 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 106,442106.4k $4.8m $4.8m 0.02% Added +43.9k +43,900
28 Key Client Fiduciary Advisors, LLC 3.19% of their portfolio Fairfield, NJ 103,205103.2k $4.7m $4.7m 3.19% Reduced -2.0k -1,959
29 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 101,161101.2k $4.6m $4.6m 0.01% Reduced -39.6k -39,566
30 Walleye Trading LLC 0.11% of their portfolio NEW YORK, NY 95,63495.6k $4.3m $4.3m 0.11% Reduced -23.9k -23,865
31 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 92,53392.5k $4.2m $4.2m 0.01% Reduced -33.1k -33,132
32 Legacy Capital Wealth Partners, LLC 1.94% of their portfolio LITTLE ROCK, AR 90,09890.1k $4.1m $4.1m 1.94% Added +21 +21
33 JCSD Capital, LLC 4.64% of their portfolio Walnut Creek, CA 75,50075.5k $3.4m $3.4m 4.64% New
34 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 73,84773.8k $3.3m $3.3m 0.00% Reduced -3.3k -3,255
35 Tower Research Capital LLC (TRC) 0.13% of their portfolio NEW YORK, NY 72,09772.1k $3.3m $3.3m 0.13% Added +47.7k +47,686
36 Vectors Research Management, LLC 0.81% of their portfolio New York, NY 69,02969.0k $3.1m $3.1m 0.81% Added +16.1k +16,114
37 Sandy Spring Bank 0.18% of their portfolio Olney, MD 67,31467.3k $3.0m $3.0m 0.18% Reduced -1.2k -1,189
38 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 65,32365.3k $2.9m $2.9m 0.01% Added +47.2k +47,223
39 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 61,38661.4k $2.8m $2.8m 0.01% Reduced -28.7k -28,701
40 Kentucky Farm Bureau Mutual Insurance Co 0.85% of their portfolio LOUISVILLE, KY 60,00060.0k $2.7m $2.7m 0.85% Unchanged
41 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 59,01959.0k $2.7m $2.7m 0.00% Reduced -188.1k -188,105
42 HNP Capital LLC 0.63% of their portfolio ROCHESTER, NY 50,14150.1k $2.3m $2.3m 0.63% Reduced -2.8k -2,774
43 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 47,53347.5k $2.1m $2.1m 0.00% Added +1.9k +1,938
44 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 47,14547.1k $2.1m $2.1m 0.00% Added +18.9k +18,928
45 J.P. Morgan Private Wealth Advisors LLC 0.00% of their portfolio SAN FRANCISCO, CA 45,70745.7k $2.1m $2.1m 0.00% Reduced -9.0k -9,031
46 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 0.42% of their portfolio Tel Aviv, L3 39,97540.0k $1.8m $1.8m 0.42% Unchanged
47 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 37,88637.9k $1.7m $1.7m 0.01% Reduced -23.8k -23,826
48 Aspen Grove Capital, LLC 0.78% of their portfolio AVON, CO 37,18937.2k $1.7m $1.7m 0.78% First filing
49 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 35,61835.6k $1.6m $1.6m 0.00% Added +37 +37
50 M Holdings Securities, Inc. 0.17% of their portfolio PORTLAND, OR 35,13735.1k $1.6m $1.6m 0.17% Reduced -2.2k -2,152
51 Main Management LLC 0.16% of their portfolio SAN FRANCISCO, CA 30,55130.6k $1.4m $1.4m 0.16% Unchanged
52 CAPE COD FIVE CENTS SAVINGS BANK 0.16% of their portfolio HYANNIS, MA 30,50430.5k $1.4m $1.4m 0.16% Reduced -12.2k -12,222
53 Yahav Achim Ve Achayot - Provident Funds Management Co Ltd. 1.20% of their portfolio TEL-AVIV, L3 27,79727.8k $1.3m $1.3m 1.20% Unchanged
54 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 25,28525.3k $1.1m $1.1m 0.01% Reduced -9.7k -9,700
55 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 25,15025.1k $1.1m $1.1m 0.00% Added +1.3k +1,336
56 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 23,65923.7k $1.1m $1.1m 0.01% Reduced -5.1k -5,131
57 Simmons Bank 0.09% of their portfolio Pine Bluff, AR 22,42322.4k $1.0m $1.0m 0.09% Reduced -1.4k -1,350
58 TOTH FINANCIAL ADVISORY CORP 0.16% of their portfolio LEESBURG, VA 22,05022.1k $995.6k $995.6k 0.16% Unchanged
59 HB Wealth Management, LLC 0.02% of their portfolio Atlanta, GA 21,25821.3k $959.8k $959.8k 0.02% Unchanged
60 MAI Capital Management 0.02% of their portfolio INDEPENDENCE, OH 20,72120.7k $935.5k $935.5k 0.02% Reduced -573 -573
61 GM Advisory Group, LLC 0.10% of their portfolio MELVILLE, NY 20,52520.5k $926.7k $926.7k 0.10% Unchanged
62 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 20,21320.2k $914.6k $914.6k 0.00% Reduced -35.9k -35,878
63 Wealth Management Solutions, LLC 0.47% of their portfolio EXTON, PA 19,91519.9k $899.0k $899.0k 0.47% Reduced -22.2k -22,226
64 Quantitative Investment Management, LLC 0.17% of their portfolio CHARLOTTESVILLE, VA 19,86419.9k $896.0k $896.0k 0.17% Reduced -28.1k -28,063
65 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 19,53519.5k $882.0k $882.0k 0.00% Reduced -11.6k -11,648
66 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 19,38119.4k $875.1k $875.1k 0.01% Reduced -18.7k -18,742
67 StrategIQ Financial Group, LLC 0.10% of their portfolio MERRILLVILLE, IN 18,86818.9k $851.9k $851.9k 0.10% Added +100 +100
68 Pettinga Financial Advisors LLC 0.26% of their portfolio EVANSVILLE, IN 17,47517.5k $789.0k $789.0k 0.26% Reduced -500 -500
69 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 15,57815.6k $703.0k $703.0k 0.00% Reduced -372 -372
70 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 15,15215.2k $684.1k $684.1k 0.00% Reduced -3.1k -3,084
71 Evolution Capital Management LLC 2.34% of their portfolio CRYSTAL BAY, NV 15,00015.0k $677.2k $677.2k 2.34% New
72 Trexquant Investment LP 0.02% of their portfolio STAMFORD, CT 14,99115.0k $676.8k $676.8k 0.02% New
73 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 14,93314.9k $674.2k $674.2k 0.00% Added +3.5k +3,495
74 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 14,63614.6k $660.8k $660.8k 0.00% Reduced -4.1k -4,103
75 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 14,42714.4k $651.4k $651.4k 0.01% Added +940 +940
76 Graves Light Lenhart Wealth, Inc. 0.10% of their portfolio HARRISONBURG, VA 14,05814.1k $634.7k $634.7k 0.10% Reduced -1.2k -1,168
77 Horizon Family Wealth, Inc. 0.71% of their portfolio CHICAGO, IL 13,61513.6k $614.7k $614.7k 0.71% New
78 Exchange Capital Management, Inc. 0.13% of their portfolio Ann Arbor, MI 13,47413.5k $608.4k $608.4k 0.13% Reduced -7.6k -7,589
79 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 13,44213.4k $606.9k $606.9k 0.01% Reduced -271 -271
80 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 13,33313.3k $602.0k $602.0k 0.00% Reduced -322.9k -322,925
81 NORTH STAR ASSET MANAGEMENT INC 0.04% of their portfolio NEENAH, WI 13,04213.0k $588.8k $588.8k 0.04% Reduced -75 -75
82 Mariner, LLC 0.00% of their portfolio Overland Park, KS 12,84912.8k $580.0k $580.0k 0.00% Reduced -1.9k -1,950
83 BigSur Wealth Management LLC 0.27% of their portfolio MIAMI, FL 12,62512.6k $570.0k $570.0k 0.27% Unchanged
84 WP Advisors, LLC 0.25% of their portfolio San Francisco, CA 12,35112.4k $557.7k $557.7k 0.25% Added +115 +115
85 CX Institutional 0.03% of their portfolio AUBURN, IN 12,18912.2k $550.3k $550.3k 0.03% New
86 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 0.04% of their portfolio ROCHESTER, NY 12,11712.1k $547.1k $547.1k 0.04% Unchanged
87 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 12,09312.1k $546.0k $546.0k 0.01% Reduced -2.4k -2,350
88 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 11,70911.7k $528.7k $528.7k 0.01% Reduced -192 -192
89 Samalin Investment Counsel, LLC 0.33% of their portfolio CHAPPAQUA, NY 11,54711.5k $521.4k $521.4k 0.33% Added +185 +185
90 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 11,01011.0k $497.1k $497.1k 0.00% Added +59 +59
91 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 10,96711.0k $495.2k $495.2k 0.00% Reduced -2.4k -2,368
92 Financial Sense Advisors, Inc. 0.20% of their portfolio SAN DIEGO, CA 10,62010.6k $479.5k $479.5k 0.20% New
93 Curi Capital, LLC 0.02% of their portfolio CHICAGO, IL 10,32510.3k $466.2k $466.2k 0.02% Reduced -5.8k -5,766
94 SYNOVUS FINANCIAL CORP 0.01% of their portfolio Columbus, GA 10,22910.2k $461.9k $461.9k 0.01% Added +341 +341
95 Quantbot Technologies LP 0.03% of their portfolio NEW YORK, NY 10,00010.0k $451.5k $451.5k 0.03% Added +5.2k +5,232
96 Veritable, L.P. 0.01% of their portfolio Newtown Square, PA 9,9069.9k $447.3k $447.3k 0.01% Unchanged
97 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 9,8539.9k $36.8k $36.8k 0.00% Added +406 +406
98 Cutler Group LLC / CA 0.05% of their portfolio SAN FRANCISCO, CA 9,7679.8k $440.0k $440.0k 0.05% Added +501 +501
99 Heritage Wealth Advisors 0.02% of their portfolio RICHMOND, VA 9,4899.5k $428.4k $428.4k 0.02% Unchanged
100 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 9,4529.5k $426.8k $426.8k 0.00% Added +3.7k +3,690