Vault-13

SPDR SER TR KBE

S&P BK ETF · ETP · CUSIP 78464A797

259 institutional holders +39 vs Q3 2024
18,610,43218.6m shares reported held*
$1.0bnreported value*
52 new 66 added 60 reduced 25 sold out net bought ≈ $274.1m (+4.9m 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 ($459.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $55.49. Options: 9 managers hold calls ($29.4m notional), 15 hold puts ($336.4m).

Trends to Q4 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: 220Q4 24: 259259Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022244
Q4 2022230
Q1 2023213
Q2 2023212
Q3 2023203
Q4 2023234
Q1 2024219
Q2 2024215
Q3 2024220
Q4 2024259

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 23: 102 bought or addedQ1 23: 102 cut or sold outQ2 23: 86 bought or addedQ2 23: 112 cut or sold outQ2 23Q3 23: 63 bought or addedQ3 23: 114 cut or sold outQ4 23: 108 bought or addedQ4 23: 91 cut or sold outQ4 23Q1 24: 74 bought or addedQ1 24: 133 cut or sold outQ2 24: 75 bought or addedQ2 24: 100 cut or sold outQ2 24Q3 24: 95 bought or addedQ3 24: 95 cut or sold outQ4 24: 118 bought or addedQ4 24: 85 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023102102
Q2 202386112
Q3 202363114
Q4 202310891
Q1 202474133
Q2 202475100
Q3 20249595
Q4 202411885

Calls vs puts

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

CallsPuts
$0$100m$200m$300m$400mQ1 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 2.03Q4 24 calls: $29.4mQ4 24 puts: $336.4mQ4 24P/C 11.44
Numbers
QuarterCallsPutsP/C
Q1 2024$61.1m$46.7m0.76
Q2 2024$33.4m$58.2m1.74
Q3 2024$90.5m$183.4m2.03
Q4 2024$29.4m$336.4m11.44

Biggest buyers

JPMORGAN CHASE & CO Added +2,087,559+2.1m
Harel Insurance Investments & Financial Services Ltd. Added +870,000+870.0k
JANE STREET GROUP, LLC Added +640,362+640.4k
UBS Group AG Added +535,608+535.6k
GOLDMAN SACHS GROUP INC Added +359,356+359.4k
TLWM New +322,179+322.2k
CITADEL ADVISORS LLC Added +261,396+261.4k
EDMOND DE ROTHSCHILD HOLDING S.A. New +261,062+261.1k
Madison Asset Management, LLC New +260,368+260.4k
Jefferies Financial Group Inc. New +242,783+242.8k

Biggest sellers

CITIGROUP INC Reduced -1,211,104-1.2m
MORGAN STANLEY Reduced -353,850-353.9k
TWO SIGMA INVESTMENTS, LP Reduced -241,060-241.1k
ENVESTNET ASSET MANAGEMENT INC Reduced -225,309-225.3k
Kestra Advisory Services, LLC Reduced -179,662-179.7k
Twin Tree Management, LP Sold out -126,654-126.7k
SG Americas Securities, LLC Reduced -81,222-81.2k
Clark Capital Management Group, Inc. Sold out -80,899-80.9k
North Star Investment Management Corp. Reduced -75,901-75.9k
Cetera Investment Advisers Reduced -43,453-43.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $8.0m144.7k shares
PEAK6 LLC First filing $7.3m131.8k shares
Walleye Trading LLC Reduced $3.4m61.6k shares
CITADEL ADVISORS LLC Reduced $3.0m53.4k shares
Parallax Volatility Advisers, L.P. Reduced $2.5m45.8k shares
CAPITAL FUND MANAGEMENT S.A. Added $2.2m39.1k shares
Squarepoint Ops LLC New $1.3m24.3k shares
JANE STREET GROUP, LLC Reduced $1.1m20.3k shares
WOLVERINE TRADING, LLC New $510.5k9.2k shares

Biggest puts

CITADEL ADVISORS LLC Added $134.2m2.4m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $87.6m1.6m shares
PEAK6 LLC First filing $35.3m636.5k shares
BANK OF AMERICA CORP /DE/ New $19.4m350.0k shares
Squarepoint Ops LLC Added $11.2m201.3k shares
Twin Tree Management, LP New $7.0m126.5k shares
WOLVERINE TRADING, LLC New $5.7m103.2k shares
CITIGROUP INC New $5.5m100.0k shares
CAPITAL FUND MANAGEMENT S.A. Added $5.2m94.4k shares
JANE STREET GROUP, LLC Added $5.1m92.1k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 3,443,7743.4m $191.0m $191.0m 0.04% Added +359.4k +359,356
2 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,311,6392.3m $128.2m $128.2m 0.01% Added +2.1m +2,087,559
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,280,8901.3m $71.1m $71.1m 0.00% Reduced -353.9k -353,850
4 Harel Insurance Investments & Financial Services Ltd. 1.06% of their portfolio Ramat Gan, L3 1,170,0001.2m $64.9m $64.9m 1.06% Added +870.0k +870,000
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 885,963886.0k $49.1m $49.1m 0.00% Added +166.0k +166,014
6 JANE STREET GROUP, LLC 0.06% of their portfolio NEW YORK, NY 718,899718.9k $39.9m $39.9m 0.06% Added +640.4k +640,362
7 UBS Group AG 0.01% of their portfolio ZURICH, V8 683,611683.6k $37.9m $37.9m 0.01% Added +535.6k +535,608
8 Wharton Business Group, LLC 1.03% of their portfolio MALVERN, PA 409,821409.8k $22.7m $22.7m 1.03% Reduced -15.5k -15,525
9 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 376,691376.7k $20.9m $20.9m 0.01% Added +139.7k +139,740
10 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 364,031364.0k $20.2m $20.2m 0.01% Added +1.9k +1,921
11 Janney Capital Management LLC 1.32% of their portfolio PITTSBURGH, PA 360,697360.7k $20.0m $20.0m 1.32% Reduced -13.8k -13,755
12 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 360,001360.0k $20.0m $20.0m 0.02% Added +232.0k +232,049
13 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 346,511346.5k $19.2m $19.2m 0.00% Added +19.8k +19,753
14 TLWM 3.52% of their portfolio SAN ANTONIO, TX 322,179322.2k $17.9m $17.9m 3.52% New
15 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 288,883288.9k $16.0m $16.0m 0.01% Added +261.4k +261,396
16 ALTFEST L J & CO INC 1.97% of their portfolio NEW YORK, NY 280,282280.3k $15.5m $15.5m 1.97% Reduced -1.9k -1,913
17 EDMOND DE ROTHSCHILD HOLDING S.A. 0.25% of their portfolio CHAMBESY, V8 261,062261.1k $14.5m $14.5m 0.25% New
18 Madison Asset Management, LLC 0.16% of their portfolio MADISON, WI 260,368260.4k $14.4m $14.4m 0.16% New
19 Jefferies Financial Group Inc. 0.15% of their portfolio NEW YORK, NY 242,783242.8k $13.5m $13.5m 0.15% New
20 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 211,093211.1k $11.7m $11.7m 0.00% First filing
21 ProVise Management Group, LLC 0.90% of their portfolio CLEARWATER, FL 189,778189.8k $10.5m $10.5m 0.90% Reduced -6.0k -5,952
22 Angeles Investment Advisors, LLC 0.47% of their portfolio SANTA MONICA, CA 175,500175.5k $9.7m $9.7m 0.47% New
23 Balyasny Asset Management L.P. 0.02% of their portfolio Chicago, IL 170,307170.3k $9.4m $9.4m 0.02% Added +163.6k +163,607
24 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 155,613155.6k $8.6m $8.6m 0.00% Added +6.7k +6,683
25 Alaska Permanent Fund Corp 0.13% of their portfolio JUNEAU, AK 153,000153.0k $8.5m $8.5m 0.13% Unchanged
26 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 128,795128.8k $7.1m $7.1m 0.01% Reduced -1.2m -1,211,104
27 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 116,224116.2k $6.4m $6.4m 0.02% Reduced -27.3k -27,253
28 SPX Gestao de Recursos Ltda 0.94% of their portfolio RIO DE JANEIRO, D5 112,734112.7k $6.3m $6.3m 0.94% New
29 Crestline Management, L.P. 0.19% of their portfolio FORT WORTH, TX 95,91695.9k $5.3m $5.3m 0.19% New
30 CASTLEKEEP INVESTMENT ADVISORS LLC 3.61% of their portfolio WESTPORT, CT 92,84992.8k $5.2m $5.2m 3.61% Reduced -10.9k -10,913
31 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 92,16292.2k $5.1m $5.1m 0.01% Reduced -1.1k -1,109
32 PINNBROOK CAPITAL MANAGEMENT LP 1.74% of their portfolio NEW YORK, NY 89,36689.4k $5.0m $5.0m 1.74% New
33 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 86,56986.6k $4.8m $4.8m 0.00% Added +67.0k +67,049
34 CAPSTONE INVESTMENT ADVISORS, LLC 0.05% of their portfolio NEW YORK, NY 85,92485.9k $4.8m $4.8m 0.05% New
35 Belpointe Asset Management LLC 0.26% of their portfolio RENO, NV 81,23781.2k $4.4m $4.4m 0.26% Added +75.7k +75,744
36 Trans-Canada Capital Inc. 0.39% of their portfolio MONTREAL, A8 70,00070.0k $3.9m $3.9m 0.39% First filing
37 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 67,67467.7k $3.8m $3.8m 0.00% Reduced -38.4k -38,420
38 SIMPLEX TRADING, LLC 0.10% of their portfolio CHICAGO, IL 66,99067.0k $3.7m $3.7m 0.10% New
39 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 66,77066.8k $3.7m $3.7m 0.01% Added +57.1k +57,059
40 Cercano Management LLC 0.09% of their portfolio BELLEVUE, WA 65,60165.6k $3.6m $3.6m 0.09% New
41 Baker Avenue Asset Management, LP 0.10% of their portfolio SAN FRANCISCO, CA 59,15759.2k $3.3m $3.3m 0.10% Added +5.8k +5,806
42 Evolution Wealth Advisors, LLC 0.50% of their portfolio AVENTURA, FL 53,38753.4k $3.0m $3.0m 0.50% Unchanged
43 VICUS CAPITAL 0.26% of their portfolio STATE COLLEGE, PA 52,18452.2k $2.9m $2.9m 0.26% New
44 Sandy Spring Bank 0.11% of their portfolio Olney, MD 48,95749.0k $2.7m $2.7m 0.11% Reduced -2.0k -1,990
45 Prospera Financial Services Inc 0.06% of their portfolio Dallas, TX 43,15143.2k $2.4m $2.4m 0.06% Added +20.3k +20,333
46 One Capital Management, LLC 0.08% of their portfolio WESTLAKE VILLAGE, CA 42,94442.9k $2.4m $2.4m 0.08% Added +3.3k +3,338
47 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 38,72238.7k $2.1m $2.1m 0.01% Reduced -179.7k -179,662
48 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 37,24037.2k $2.1m $2.1m 0.00% Reduced -241.1k -241,060
49 TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio STAMFORD, CT 36,55036.5k $2.0m $2.0m 0.02% Reduced -16.4k -16,410
50 Walleye Capital LLC 0.02% of their portfolio NEW YORK, NY 36,30436.3k $2.0m $2.0m 0.02% Added +26.4k +26,402
51 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 35,32335.3k $2.0m $2.0m 0.02% Reduced -1.7k -1,691
52 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 35,10635.1k $1.9m $1.9m 0.01% Added +529 +529
53 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 33,32933.3k $1.8m $1.8m 0.00% Added +32.0k +32,002
54 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 32,72632.7k $1.8m $1.8m 0.00% Added +1.0k +1,038
55 Segment Wealth Management, LLC 0.12% of their portfolio HOUSTON, TX 32,69032.7k $1.8m $1.8m 0.12% Unchanged
56 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 31,57431.6k $1.8m $1.8m 0.00% Added +2.7k +2,690
57 IBEX WEALTH ADVISORS 0.20% of their portfolio BEDMINSTER, NJ 30,34430.3k $1.7m $1.7m 0.20% New
58 Aspen Grove Capital, LLC 0.35% of their portfolio AVON, CO 29,92029.9k $1.7m $1.7m 0.35% Unchanged
59 OMERS ADMINISTRATION Corp 0.01% of their portfolio TORONTO, A6 28,70028.7k $1.6m $1.6m 0.01% New
60 Fourth Dimension Wealth, LLC 0.77% of their portfolio MIDDLEBURG HEIGHTS, OH 26,74926.7k $1.5m $1.5m 0.77% First filing
61 Global Retirement Partners, LLC 0.04% of their portfolio San Rafael, CA 24,08424.1k $1.3m $1.3m 0.04% Added +23.6k +23,564
62 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 23,38223.4k $1.3m $1.3m 0.00% Added +20.9k +20,859
63 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 23,04223.0k $1.3m $1.3m 0.00% Reduced -43.5k -43,453
64 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 22,97923.0k $1.3m $1.3m 0.00% Reduced -225.3k -225,309
65 CAPITAL FUND MANAGEMENT S.A. 0.01% of their portfolio PARIS, I0 21,25821.3k $1.2m $1.2m 0.01% Reduced -7.4k -7,401
66 Sowell Financial Services LLC 0.06% of their portfolio NORTH LITTLE ROCK, AR 20,61820.6k $1.1m $1.1m 0.06% New
67 GM Advisory Group, LLC 0.06% of their portfolio MELVILLE, NY 20,52520.5k $1.1m $1.1m 0.06% Unchanged
68 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.01% of their portfolio NEW YORK, NY 20,47220.5k $1.1m $1.1m 0.01% Unchanged
69 Ulysses Management LLC 0.24% of their portfolio New York, NY 19,00019.0k $1.1m $1.1m 0.24% New
70 Y-Intercept (Hong Kong) Ltd 0.07% of their portfolio HONG KONG, K3 18,15818.2k $1.0m $1.0m 0.07% New
71 Amundi 0.00% of their portfolio Paris, I0 17,87917.9k $987.1k $987.1k 0.00% Added +17.8k +17,849
72 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 17,75917.8k $985.0k $985.0k 0.00% Added +278 +278
73 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 17,69717.7k $981.7k $981.7k 0.00% Added +2.0k +1,961
74 Forum Financial Management, LP 0.02% of their portfolio LOMBARD, IL 16,97917.0k $941.8k $941.8k 0.02% New
75 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 15,88715.9k $881.3k $881.3k 0.01% Added +1.7k +1,662
76 Curi Capital, LLC 0.02% of their portfolio CHICAGO, IL 14,58714.6k $809.1k $809.1k 0.02% Unchanged
77 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.01% of their portfolio Madrid, U3 14,20914.2k $790.4k $790.4k 0.01% Reduced -8.5k -8,492
78 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 14,16314.2k $785.6k $785.6k 0.00% Added +7.8k +7,846
79 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 13,44213.4k $745.0k $745.0k 0.00% New
80 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 13,00413.0k $721.0k $721.0k 0.00% Reduced -81.2k -81,222
81 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 12,65512.7k $702.0k $702.0k 0.01% Added +3.8k +3,815
82 BigSur Wealth Management LLC 0.20% of their portfolio MIAMI, FL 12,32512.3k $683.7k $683.7k 0.20% Unchanged
83 Wealthfront Advisers LLC 0.00% of their portfolio Palo Alto, CA 12,19812.2k $676.6k $676.6k 0.00% Added +5.8k +5,815
84 Eldridge Investment Advisors, Inc. 0.15% of their portfolio MANCHESTER, NH 12,00012.0k $666.0k $666.0k 0.15% New
85 Summit Financial, LLC 0.02% of their portfolio PARSIPPANY, NJ 11,94611.9k $662.7k $662.7k 0.02% Reduced -61 -61
86 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 11,80011.8k $654.5k $654.5k 0.01% Reduced -1.4k -1,381
87 CALTON & ASSOCIATES, INC. 0.29% of their portfolio Tampa, FL 11,78611.8k $653.8k $653.8k 0.29% Added +57 +57
88 Simmons Bank 0.05% of their portfolio Pine Bluff, AR 11,66511.7k $647.1k $647.1k 0.05% Reduced -400 -400
89 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 0.03% of their portfolio ROCHESTER, NY 11,50011.5k $637.9k $637.9k 0.03% Unchanged
90 Graves Light Lenhart Wealth, Inc. 0.08% of their portfolio HARRISONBURG, VA 11,40611.4k $632.7k $632.7k 0.08% Unchanged
91 Mutual Advisors, LLC 0.02% of their portfolio OMAHA, NE 11,11611.1k $634.6k $634.6k 0.02% Added +5.4k +5,443
92 Pettinga Financial Advisors LLC 0.13% of their portfolio EVANSVILLE, IN 10,46010.5k $580.2k $580.2k 0.13% Reduced -305 -305
93 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 10,32110.3k $572.5k $572.5k 0.00% Unchanged
94 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 9,97210.0k $553.1k $553.1k 0.00% Added +649 +649
95 SeaBridge Investment Advisors LLC 0.12% of their portfolio SUMMIT, NJ 9,97010.0k $553.0k $553.0k 0.12% New
96 WOLVERINE TRADING, LLC 0.01% of their portfolio CHICAGO, IL 9,95810.0k $552.6k $552.6k 0.01% New
97 HB Wealth Management, LLC 0.01% of their portfolio Atlanta, GA 9,8219.8k $544.8k $544.8k 0.01% Unchanged
98 NORTH STAR ASSET MANAGEMENT INC 0.02% of their portfolio NEENAH, WI 9,7729.8k $542.1k $542.1k 0.02% Reduced -500 -500
99 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.04% of their portfolio Westlake, OH 9,7359.7k $540.0k $540.0k 0.04% New
100 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 9,5879.6k $531.8k $531.8k 0.01% Added +806 +806