Vault-13

SPDR SER TR KBE

S&P BK ETF · ETP · CUSIP 78464A797

220 institutional holders +5 vs Q2 2024
13,463,76213.5m shares reported held*
$713.1mreported value*
35 new 60 added 64 reduced 31 sold out net sold ≈ $5.2m (-80.9k 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 ($505.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $52.96. Options: 9 managers hold calls ($90.5m notional), 12 hold puts ($183.4m).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 244Q4 22: 230Q1 23: 213Q2 23: 212Q3 23: 203Q4 23: 234Q1 24: 219Q2 24: 215Q3 24: 220220Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022244
Q4 2022230
Q1 2023213
Q2 2023212
Q3 2023203
Q4 2023234
Q1 2024219
Q2 2024215
Q3 2024220

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 75 bought or addedQ4 22: 127 cut or sold outQ1 23: 102 bought or addedQ1 23: 102 cut or sold outQ1 23Q2 23: 86 bought or addedQ2 23: 112 cut or sold outQ3 23: 63 bought or addedQ3 23: 114 cut or sold outQ3 23Q4 23: 108 bought or addedQ4 23: 91 cut or sold outQ1 24: 74 bought or addedQ1 24: 133 cut or sold outQ1 24Q2 24: 75 bought or addedQ2 24: 100 cut or sold outQ3 24: 95 bought or addedQ3 24: 95 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 202275127
Q1 2023102102
Q2 202386112
Q3 202363114
Q4 202310891
Q1 202474133
Q2 202475100
Q3 20249595

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ4 23 calls: $76.2mQ4 23 puts: $131.4mQ4 23P/C 1.73Q1 24 calls: $61.1mQ1 24 puts: $46.7mQ1 24P/C 0.76Q2 24 calls: $33.4mQ2 24 puts: $58.2mQ2 24P/C 1.74Q3 24 calls: $90.5mQ3 24 puts: $183.4mQ3 24P/C 2.03
Numbers
QuarterCallsPutsP/C
Q4 2023$76.2m$131.4m1.73
Q1 2024$61.1m$46.7m0.76
Q2 2024$33.4m$58.2m1.74
Q3 2024$90.5m$183.4m2.03

Biggest buyers

CITIGROUP INC Added +1,056,448+1.1m
Janney Capital Management LLC New +374,452+374.5k
ENVESTNET ASSET MANAGEMENT INC Added +156,800+156.8k
MORGAN STANLEY Added +133,814+133.8k
Twin Tree Management, LP New +126,654+126.7k
MILLENNIUM MANAGEMENT LLC Added +118,800+118.8k
ALTFEST L J & CO INC Added +85,713+85.7k
Clark Capital Management Group, Inc. New +80,899+80.9k
BANK OF AMERICA CORP /DE/ Added +72,609+72.6k
JANE STREET GROUP, LLC Added +70,702+70.7k

Biggest sellers

ASSETMARK, INC Reduced -1,270,961-1.3m
GOLDMAN SACHS GROUP INC Reduced -326,828-326.8k
TWO SIGMA INVESTMENTS, LP Reduced -216,300-216.3k
JPMORGAN CHASE & CO Reduced -161,158-161.2k
Key Square Capital Management LLC Sold out -153,000-153.0k
CAPTRUST FINANCIAL ADVISORS Reduced -98,235-98.2k
Cercano Management LLC Sold out -90,000-90.0k
SG Americas Securities, LLC Reduced -81,390-81.4k
OSAIC HOLDINGS, INC. Reduced -73,392-73.4k
DRW Securities, LLC Sold out -70,000-70.0k

Biggest calls

JANE STREET GROUP, LLC New $28.8m544.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $24.7m466.4k shares
CITADEL ADVISORS LLC Reduced $9.1m172.9k shares
PEAK6 Investments LLC Added $9.0m169.7k shares
BANK OF MONTREAL /CAN/ New $6.3m120.5k shares
Parallax Volatility Advisers, L.P. Reduced $4.6m87.3k shares
Walleye Trading LLC Added $4.6m87.1k shares
GTS SECURITIES LLC Added $2.8m52.5k shares
CAPITAL FUND MANAGEMENT S.A. New $608.2k11.5k shares

Biggest puts

CITADEL ADVISORS LLC Added $105.2m2.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $24.3m459.4k shares
NOMURA HOLDINGS INC New $13.2m249.9k shares
Squarepoint Ops LLC Unchanged $7.9m150.0k shares
BOOTHBAY FUND MANAGEMENT, LLC New $7.8m148.2k shares
PEAK6 Investments LLC Added $7.2m136.1k shares
Parallax Volatility Advisers, L.P. Reduced $5.4m101.6k shares
GTS SECURITIES LLC Added $3.6m67.8k shares
Balyasny Asset Management L.P. Unchanged $3.2m60.0k shares
Walleye Trading LLC Reduced $2.6m49.8k 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, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 3,084,4183.1m $163.1m $163.1m 0.03% Reduced -326.8k -326,828
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,634,7401.6m $86.5m $86.5m 0.01% Added +133.8k +133,814
3 CITIGROUP INC 0.07% of their portfolio NEW YORK, NY 1,339,8991.3m $70.9m $70.9m 0.07% Added +1.1m +1,056,448
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 719,949719.9k $38.1m $38.1m 0.00% Added +72.6k +72,609
5 Wharton Business Group, LLC 1.01% of their portfolio MALVERN, PA 425,346425.3k $22.5m $22.5m 1.01% Reduced -2.1k -2,060
6 Janney Capital Management LLC 1.34% of their portfolio PITTSBURGH, PA 374,452374.5k $19.8m $19.8m 1.34% New
7 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 362,110362.1k $19.2m $19.2m 0.01% Reduced -10.4k -10,447
8 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 326,758326.8k $17.3m $17.3m 0.00% Added +12.3k +12,336
9 Harel Insurance Investments & Financial Services Ltd. 0.27% of their portfolio Ramat Gan, L3 300,000300.0k $15.9m $15.9m 0.27% Unchanged
10 ALTFEST L J & CO INC 1.99% of their portfolio NEW YORK, NY 282,195282.2k $14.9m $14.9m 1.99% Added +85.7k +85,713
11 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 278,300278.3k $14.7m $14.7m 0.03% Reduced -216.3k -216,300
12 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 248,288248.3k $13.1m $13.1m 0.00% Added +156.8k +156,800
13 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 236,951237.0k $12.5m $12.5m 0.01% Added +32.0k +31,986
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 224,080224.1k $11.9m $11.9m 0.00% Reduced -161.2k -161,158
15 Kestra Advisory Services, LLC 0.06% of their portfolio AUSTIN, TX 218,384218.4k $11.6m $11.6m 0.06% Added +12.9k +12,934
16 ProVise Management Group, LLC 0.82% of their portfolio CLEARWATER, FL 195,730195.7k $10.4m $10.4m 0.82% Added +4.9k +4,851
17 Alaska Permanent Fund Corp 0.12% of their portfolio JUNEAU, AK 153,000153.0k $8.1m $8.1m 0.12% Added +48.0k +48,000
18 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 148,930148.9k $7.9m $7.9m 0.00% Reduced -7.4k -7,424
19 UBS Group AG 0.00% of their portfolio ZURICH, V8 148,003148.0k $7.8m $7.8m 0.00% Added +24.8k +24,757
20 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 143,477143.5k $7.6m $7.6m 0.02% Reduced -98.2k -98,235
21 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 127,952128.0k $6.8m $6.8m 0.01% Added +118.8k +118,800
22 Twin Tree Management, LP 0.16% of their portfolio DALLAS, TX 126,654126.7k $6.7m $6.7m 0.16% New
23 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 106,094106.1k $5.6m $5.6m 0.00% Added +24.1k +24,076
24 CASTLEKEEP INVESTMENT ADVISORS LLC 3.75% of their portfolio WESTPORT, CT 103,762103.8k $5.5m $5.5m 3.75% Added +10.2k +10,185
25 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 94,22694.2k $5.0m $5.0m 0.02% Reduced -81.4k -81,390
26 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 93,27193.3k $4.9m $4.9m 0.01% Reduced -12.0k -12,013
27 Clark Capital Management Group, Inc. 0.03% of their portfolio PHILADELPHIA, PA 80,89980.9k $4.3m $4.3m 0.03% New
28 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 78,53778.5k $4.2m $4.2m 0.01% Added +70.7k +70,702
29 North Star Investment Management Corp. 0.28% of their portfolio CHICAGO, IL 76,60176.6k $4.1m $4.1m 0.28% Added +28.9k +28,908
30 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 75,73575.7k $4.0m $4.0m 0.01% Added +555 +555
31 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 66,49566.5k $3.5m $3.5m 0.01% Added +33.1k +33,089
32 Evolution Wealth Advisors, LLC 0.51% of their portfolio AVENTURA, FL 53,38753.4k $2.8m $2.8m 0.51% Reduced -620 -620
33 Baker Avenue Asset Management, LP 0.09% of their portfolio SAN FRANCISCO, CA 53,35153.4k $2.8m $2.8m 0.09% New
34 TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio STAMFORD, CT 52,96053.0k $2.8m $2.8m 0.03% Added +36.5k +36,516
35 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 51,07251.1k $2.7m $2.7m 0.00% Added +2.0k +2,044
36 Sandy Spring Bank 0.11% of their portfolio Olney, MD 50,94750.9k $2.7m $2.7m 0.11% Reduced -1.2k -1,176
37 One Capital Management, LLC 0.07% of their portfolio WESTLAKE VILLAGE, CA 39,60639.6k $2.1m $2.1m 0.07% New
38 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 37,30337.3k $2.0m $2.0m 0.00% Added +4.5k +4,517
39 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 37,01437.0k $2.0m $2.0m 0.02% Reduced -3.6k -3,616
40 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 34,57734.6k $1.8m $1.8m 0.01% Reduced -278 -278
41 Segment Wealth Management, LLC 0.12% of their portfolio HOUSTON, TX 32,69032.7k $1.7m $1.7m 0.12% Unchanged
42 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 31,68831.7k $1.7m $1.7m 0.00% Reduced -31.8k -31,830
43 Transcendent Capital Group LLC 0.85% of their portfolio EDMOND, OK 31,39631.4k $1.7m $1.7m 0.85% New
44 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 30,91130.9k $1.6m $1.6m 0.01% Added +25.1k +25,113
45 Aspen Grove Capital, LLC 0.35% of their portfolio AVON, CO 29,92029.9k $1.6m $1.6m 0.35% Unchanged
46 FIL Ltd 0.00% of their portfolio HAMILTON, D0 29,29729.3k $1.6m $1.6m 0.00% New
47 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 28,88428.9k $1.5m $1.5m 0.00% Reduced -1.2k -1,209
48 CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio PARIS, I0 28,65928.7k $1.5m $1.5m 0.02% Reduced -52.5k -52,500
49 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 27,48727.5k $1.5m $1.5m 0.00% New
50 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 24,92424.9k $1.3m $1.3m 0.00% Reduced -27.4k -27,351
51 Prospera Financial Services Inc 0.03% of their portfolio Dallas, TX 22,81822.8k $1.2m $1.2m 0.03% New
52 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.01% of their portfolio Madrid, U3 22,70122.7k $1.2m $1.2m 0.01% Added +15.0k +14,962
53 MEITAV INVESTMENT HOUSE LTD 0.02% of their portfolio BENE-BERAQ, L3 21,71821.7k $1.1m $1.1m 0.02% Unchanged
54 GM Advisory Group, LLC 0.07% of their portfolio MELVILLE, NY 20,52520.5k $1.1m $1.1m 0.07% Unchanged
55 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.01% of their portfolio NEW YORK, NY 20,47220.5k $1.1m $1.1m 0.01% Unchanged
56 Westwind Capital 0.25% of their portfolio LAS CRUCES, NM 19,62019.6k $1.0m $1.0m 0.25% New
57 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 19,52019.5k $1.0m $1.0m 0.00% Reduced -609 -609
58 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 17,48117.5k $925.0k $925.0k 0.00% New
59 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 15,73615.7k $832.3k $832.3k 0.00% New
60 Curi Capital, LLC 0.02% of their portfolio CHICAGO, IL 14,58714.6k $771.5k $771.5k 0.02% Unchanged
61 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 14,22514.2k $752.4k $752.4k 0.01% Added +3.8k +3,821
62 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 13,18113.2k $611.5k $611.5k 0.01% Unchanged
63 COWA, LLC 0.33% of their portfolio Tulsa, OK 12,91912.9k $683.3k $683.3k 0.33% Unchanged
64 BigSur Wealth Management LLC 0.18% of their portfolio MIAMI, FL 12,32512.3k $651.9k $651.9k 0.18% Added +700 +700
65 Simmons Bank 0.05% of their portfolio Pine Bluff, AR 12,06512.1k $638.1k $638.1k 0.05% Reduced -1.8k -1,790
66 Summit Financial, LLC 0.02% of their portfolio PARSIPPANY, NJ 12,00712.0k $635.0k $635.0k 0.02% Reduced -22 -22
67 CALTON & ASSOCIATES, INC. 0.24% of their portfolio Tampa, FL 11,72911.7k $620.4k $620.4k 0.24% Reduced -1.5k -1,481
68 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 0.03% of their portfolio ROCHESTER, NY 11,50011.5k $608.2k $608.2k 0.03% Reduced -600 -600
69 Graves Light Lenhart Wealth, Inc. 0.07% of their portfolio HARRISONBURG, VA 11,40611.4k $603.3k $603.3k 0.07% Reduced -920 -920
70 VIMA LLC 1.23% of their portfolio TROY, MI 11,35211.4k $600.4k $600.4k 1.23% Reduced -522 -522
71 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 11,16611.2k $590.6k $590.6k 0.00% Reduced -73.4k -73,392
72 Pettinga Financial Advisors LLC 0.13% of their portfolio EVANSVILLE, IN 10,76510.8k $569.4k $569.4k 0.13% Reduced -275 -275
73 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 10,32110.3k $545.9k $545.9k 0.00% Unchanged
74 NORTH STAR ASSET MANAGEMENT INC 0.02% of their portfolio NEENAH, WI 10,27210.3k $543.3k $543.3k 0.02% Reduced -50 -50
75 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 9,9039.9k $523.4k $523.4k 0.01% New
76 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 9,9029.9k $523.7k $523.7k 0.01% New
77 HB Wealth Management, LLC 0.01% of their portfolio Atlanta, GA 9,8219.8k $519.4k $519.4k 0.01% Unchanged
78 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 9,7119.7k $514.0k $514.0k 0.00% Added +609 +609
79 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 9,4919.5k $502.0k $502.0k 0.01% Added +651 +651
80 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 9,4649.5k $501.0k $501.0k 0.00% Added +34 +34
81 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 9,3239.3k $493.1k $493.1k 0.00% Reduced -8.9k -8,863
82 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 9,2149.2k $487.3k $487.3k 0.00% Unchanged
83 INNEALTA CAPITAL, LLC 0.19% of their portfolio AUSTIN, TX 9,0759.1k $480.0k $480.0k 0.19% Unchanged
84 SYNOVUS FINANCIAL CORP 0.01% of their portfolio Columbus, GA 8,8848.9k $469.8k $469.8k 0.01% Reduced -116 -116
85 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 8,8408.8k $467.5k $467.5k 0.00% Reduced -15 -15
86 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 8,7818.8k $464.4k $464.4k 0.00% Added +276 +276
87 Integrated Advisors Network LLC 0.02% of their portfolio DALLAS, TX 8,6998.7k $460.1k $460.1k 0.02% Reduced -19 -19
88 CAPE COD FIVE CENTS SAVINGS BANK 0.04% of their portfolio HYANNIS, MA 8,6228.6k $456.0k $456.0k 0.04% Reduced -1.8k -1,798
89 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 8,5108.5k $450.1k $450.1k 0.00% Added +68 +68
90 Montecito Bank & Trust 0.08% of their portfolio SANTA BARBARA, CA 8,4908.5k $449.0k $449.0k 0.08% Unchanged
91 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 8,3808.4k $443.2k $443.2k 0.00% Unchanged
92 BERKSHIRE ASSET MANAGEMENT LLC/PA 0.02% of their portfolio WILKES BARRE, PA 8,2878.3k $384.4k $384.4k 0.02% Unchanged
93 Waldron Private Wealth LLC 0.02% of their portfolio BRIDGEVILLE, PA 8,2878.3k $438.3k $438.3k 0.02% Unchanged
94 CHARTIST INC /CA/ 0.22% of their portfolio SEAL BEACH, CA 8,2148.2k $434.5k $434.5k 0.22% Reduced -288 -288
95 Connective Portfolio Management, LLC 1.83% of their portfolio NEW YORK, NY 8,0008.0k $1.0m $1.0m 1.83% New
96 Exchange Capital Management, Inc. 0.07% of their portfolio Ann Arbor, MI 7,8887.9k $417.2k $417.2k 0.07% Reduced -2.9k -2,908
97 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 7,6807.7k $406.2k $406.2k 0.01% Added +4.0k +4,045
98 Objective Capital Management, LLC 0.23% of their portfolio Fairlawn, OH 7,5547.6k $399.5k $399.5k 0.23% First filing
99 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 7,4197.4k $392.4k $392.4k 0.00% Unchanged
100 GREAT VALLEY ADVISOR GROUP, INC. 0.01% of their portfolio WILMINGTON, DE 7,2257.2k $382.1k $382.1k 0.01% Reduced -155 -155