Vault-13

SPDR SER TR MDYG

S&P 400 MDCP GRW · ETP · CUSIP 78464A821

396 institutional holders +12 vs Q1 2025
19,042,29319.0m shares reported held*
$1.6bnreported value*
31 new 138 added 148 reduced 22 sold out net sold ≈ $415.2m (-4.8m 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 ($3.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $85.19.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 260Q4 22: 294Q1 23: 302Q2 23: 298Q3 23: 301Q4 23: 328Q1 24: 370Q2 24: 368Q3 24: 372Q4 24: 390Q1 25: 384Q2 25: 396396Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022260
Q4 2022294
Q1 2023302
Q2 2023298
Q3 2023301
Q4 2023328
Q1 2024370
Q2 2024368
Q3 2024372
Q4 2024390
Q1 2025384
Q2 2025396

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 123 bought or addedQ3 23: 136 cut or sold outQ4 23: 141 bought or addedQ4 23: 126 cut or sold outQ4 23Q1 24: 190 bought or addedQ1 24: 141 cut or sold outQ2 24: 152 bought or addedQ2 24: 190 cut or sold outQ2 24Q3 24: 160 bought or addedQ3 24: 166 cut or sold outQ4 24: 175 bought or addedQ4 24: 147 cut or sold outQ4 24Q1 25: 165 bought or addedQ1 25: 179 cut or sold outQ2 25: 169 bought or addedQ2 25: 170 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023123136
Q4 2023141126
Q1 2024190141
Q2 2024152190
Q3 2024160166
Q4 2024175147
Q1 2025165179
Q2 2025169170

Biggest buyers

ROYAL BANK OF CANADA Added +83,040+83.0k
Cordatus Wealth Management LLC New +62,225+62.2k
JONES FINANCIAL COMPANIES LLLP Added +57,154+57.2k
Prospera Financial Services Inc Added +56,905+56.9k
RAYMOND JAMES FINANCIAL INC Added +52,106+52.1k
NorthRock Partners, LLC Added +47,936+47.9k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +44,517+44.5k
Redhawk Wealth Advisors, Inc. New +42,444+42.4k
HighTower Advisors, LLC Added +38,733+38.7k
GAMCO INVESTORS, INC. ET AL New +34,423+34.4k

Biggest sellers

CITIGROUP INC Reduced -2,696,310-2.7m
STIFEL FINANCIAL CORP Reduced -609,141-609.1k
BENJAMIN EDWARDS INC Reduced -534,251-534.3k
ENVESTNET ASSET MANAGEMENT INC Reduced -314,155-314.2k
Clark Capital Management Group, Inc. Sold out -297,524-297.5k
CONFLUENCE INVESTMENT MANAGEMENT LLC Reduced -234,399-234.4k
Parcion Private Wealth LLC Reduced -193,140-193.1k
CARY STREET PARTNERS FINANCIAL LLC Reduced -130,810-130.8k
WELLS FARGO & COMPANY/MN Reduced -120,484-120.5k
MORGAN STANLEY Reduced -100,705-100.7k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 1,799,0161.8m $156.3m $156.3m 0.05% Reduced -26.6k -26,612
2 Financial Engines Advisors L.L.C. 0.24% of their portfolio SANTA CLARA, CA 1,368,5071.4m $118.9m $118.9m 0.24% Added +18.6k +18,590
3 NorthRock Partners, LLC 2.42% of their portfolio MINNEAPOLIS, MN 1,069,7121.1m $92.9m $92.9m 2.42% Added +47.9k +47,936
4 AE Wealth Management LLC 0.47% of their portfolio TOPEKA, KS 739,745739.7k $64.3m $64.3m 0.47% Added +8.3k +8,307
5 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 578,603578.6k $50.3m $50.3m 0.05% Reduced -609.1k -609,141
6 BENJAMIN EDWARDS INC 0.54% of their portfolio Clayton, MO 490,897490.9k $42.6m $42.6m 0.54% Reduced -534.3k -534,251
7 FAS Wealth Partners, Inc. 3.08% of their portfolio LEAWOOD, KS 479,764479.8k $41.7m $41.7m 3.08% Added +18.9k +18,883
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 474,093474.1k $41.2m $41.2m 0.00% Reduced -100.7k -100,705
9 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 455,592455.6k $39.6m $39.6m 0.01% Reduced -314.2k -314,155
10 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 397,080397.1k $34.5m $34.5m 0.01% Added +52.1k +52,106
11 Wellspring Financial Advisors, LLC 0.04% of their portfolio CLEVELAND, OH 367,706367.7k $376.1k $376.1k 0.04% Unchanged
12 First National Trust Co 1.13% of their portfolio Johnstown, PA 347,143347.1k $30.2m $30.2m 1.13% Added +15.6k +15,632
13 Klingman & Associates, LLC 1.57% of their portfolio New York, NY 327,619327.6k $28.5m $28.5m 1.57% Added +24.9k +24,871
14 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 321,612321.6k $27.9m $27.9m 0.00% Added +3.0k +3,004
15 Rehmann Capital Advisory Group 1.67% of their portfolio LANSING, MI 316,642316.6k $27.5m $27.5m 1.67% Added +27.4k +27,360
16 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 311,333311.3k $27.0m $27.0m 0.03% Added +38.7k +38,733
17 GHP Investment Advisors, Inc. 1.19% of their portfolio Denver, CO 308,112308.1k $26.8m $26.8m 1.19% Added +9.3k +9,253
18 Private Advisor Group, LLC 0.12% of their portfolio MORRISTOWN, NJ 262,796262.8k $22.8m $22.8m 0.12% Added +7.4k +7,365
19 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 249,235249.2k $21.7m $21.7m 0.01% Added +22.2k +22,153
20 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 246,029246.0k $21.4m $21.4m 0.00% Reduced -120.5k -120,484
21 Convergence Financial, LLC 3.67% of their portfolio COLUMBIA, MO 245,665245.7k $21.3m $21.3m 3.67% Added +14.8k +14,842
22 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 237,040237.0k $20.6m $20.6m 0.02% Added +44.5k +44,517
23 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 232,927232.9k $20.2m $20.2m 0.03% Reduced -1.5k -1,499
24 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 225,993226.0k $19.6m $19.6m 0.01% Added +57.2k +57,154
25 Avantax Planning Partners, Inc. 0.60% of their portfolio DUBUQUE, IA 218,441218.4k $19.0m $19.0m 0.60% Added +2.9k +2,913
26 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.25% of their portfolio ST. LOUIS, MO 207,668207.7k $18.0m $18.0m 0.25% Reduced -234.4k -234,399
27 Shakespeare Wealth Management, LLC 4.72% of their portfolio Pewaukee, WI 203,991204.0k $17.7m $17.7m 4.72% Added +5.4k +5,398
28 Rodgers & Associates, LTD 1.85% of their portfolio Lancaster, PA 194,199194.2k $16.9m $16.9m 1.85% Reduced -583 -583
29 McAdam, LLC 0.89% of their portfolio Philadelphia, PA 187,998188.0k $16.3m $16.3m 0.89% Reduced -5.1k -5,057
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 164,928164.9k $14.3m $14.3m 0.00% Added +83.0k +83,040
31 Mariner, LLC 0.02% of their portfolio Overland Park, KS 152,228152.2k $13.2m $13.2m 0.02% Reduced -12.7k -12,741
32 KWB Wealth 1.47% of their portfolio REDLANDS, CA 151,785151.8k $12.1m $12.1m 1.47% Reduced -6.8k -6,786
33 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 150,017150.0k $13.0m $13.0m 0.02% Added +1.7k +1,693
34 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 148,326148.3k $12.9m $12.9m 0.02% Added +3.3k +3,279
35 SEGALL BRYANT & HAMILL, LLC 0.17% of their portfolio CHICAGO, IL 140,262140.3k $12.2m $12.2m 0.17% Reduced -2.6k -2,573
36 SFG Wealth Management, LLC. 7.17% of their portfolio TOWSON, MD 136,654136.7k $11.9m $11.9m 7.17% Added +5.7k +5,731
37 BALANCED WEALTH GROUP LLC 5.23% of their portfolio WESTLAKE, OH 135,802135.8k $12.1m $12.1m 5.23% Added +16.1k +16,123
38 TIAA TRUST, NATIONAL ASSOCIATION 0.03% of their portfolio CHARLOTTE, NC 126,078126.1k $11.0m $11.0m 0.03% Reduced -15.9k -15,899
39 SIGNET FINANCIAL MANAGEMENT, LLC 1.32% of their portfolio PARSIPPANY, NJ 120,659120.7k $10.5m $10.5m 1.32% Reduced -10.4k -10,377
40 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 113,174113.2k $9.7m $9.7m 0.02% Added +14.1k +14,076
41 Integrated Capital Management, LLC 4.36% of their portfolio BLOOMFIELD, MI 103,562103.6k $9.1m $9.1m 4.36% Added +5.4k +5,442
42 JNBA Financial Advisors 0.86% of their portfolio BLOOMINGTON, MN 103,453103.5k $9.0m $9.0m 0.86% Reduced -8.2k -8,222
43 ERn Financial, LLC 1.77% of their portfolio MIDDLETON, WI 96,78596.8k $8.4m $8.4m 1.77% Reduced -9.1k -9,106
44 UBS Group AG 0.00% of their portfolio ZURICH, V8 91,82491.8k $8.0m $8.0m 0.00% Reduced -464 -464
45 WCG Wealth Advisors LLC 0.48% of their portfolio LAS VEGAS, NV 85,39085.4k $7.4m $7.4m 0.48% Added +3.8k +3,825
46 Foundations Investment Advisors, LLC 0.11% of their portfolio PHOENIX, AZ 83,25583.3k $7.2m $7.2m 0.11% Reduced -57.6k -57,618
47 Marathon Mission, Inc. 4.34% of their portfolio ALBANY, NY 78,60278.6k $6.8m $6.8m 4.34% Added +30.1k +30,133
48 Goldstone Financial Group, LLC 0.87% of their portfolio OAKBROOK TERRACE, IL 74,65874.7k $6.6m $6.6m 0.87% Added +1.0k +1,025
49 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 74,22574.2k $6.4m $6.4m 0.00% Reduced -2.7m -2,696,310
50 Obsidian Personal Planning Solutions LLC 2.58% of their portfolio ROCKVILLE, MD 73,38573.4k $6.4m $6.4m 2.58% Added +2.3k +2,285
51 WealthShield Partners, LLC 0.77% of their portfolio CARY, NC 73,15473.2k $6.4m $6.4m 0.77% Added +2.2k +2,189
52 Prestige Wealth Management Group LLC 1.27% of their portfolio FLEMINGTON, NJ 71,50271.5k $6.2m $6.2m 1.27% Added +598 +598
53 Pathstone Holdings, LLC 0.02% of their portfolio ENGLEWOOD, NJ 69,60869.6k $6.0m $6.0m 0.02% Reduced -2.5k -2,464
54 Stratos Wealth Partners, LTD. 0.08% of their portfolio BEACHWOOD, OH 69,10369.1k $6.0m $6.0m 0.08% Added +6.4k +6,367
55 Diligent Investors, LLC 1.35% of their portfolio REDLANDS, CA 65,73465.7k $5.7m $5.7m 1.35% Reduced -5.2k -5,152
56 Prospera Financial Services Inc 0.10% of their portfolio Dallas, TX 63,04763.0k $5.5m $5.5m 0.10% Added +56.9k +56,905
57 Chicago Partners Investment Group LLC 0.16% of their portfolio CHICAGO, IL 62,75862.8k $5.6m $5.6m 0.16% Added +6.5k +6,457
58 Cordatus Wealth Management LLC 1.33% of their portfolio NEWTOWN, PA 62,22562.2k $5.4m $5.4m 1.33% New
59 Councilor Wealth, LLC 2.49% of their portfolio BETHESDA, MD 61,32761.3k $5.3m $5.3m 2.49% Reduced -1.4k -1,425
60 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 58,12158.1k $5.0m $5.0m 0.02% Reduced -1.6k -1,615
61 Financial Advocates Investment Management 0.39% of their portfolio OLYMPIA, WA 55,02255.0k $4.8m $4.8m 0.39% Reduced -11.8k -11,765
62 Total Wealth Planning, LLC 0.59% of their portfolio CINCINNATI, OH 53,91453.9k $4.7m $4.7m 0.59% Reduced -273 -273
63 AVANTAX ADVISORY SERVICES, INC. 0.03% of their portfolio DALLAS, TX 53,32853.3k $4.6m $4.6m 0.03% Added +11.7k +11,740
64 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 51,72951.7k $4.5m $4.5m 0.01% Added +2.8k +2,757
65 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 51,30651.3k $4.5m $4.5m 0.00% Added +806 +806
66 WALLER FINANCIAL PLANNING GROUP, INC 1.07% of their portfolio COLUMBUS, OH 50,84850.8k $4.4m $4.4m 1.07% Added +9.1k +9,091
67 Syntegra Private Wealth Group, LLC 0.44% of their portfolio Chesterfield, MO 49,93249.9k $4.3m $4.3m 0.44% Reduced -651 -651
68 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 49,92749.9k $4.3m $4.3m 0.01% Reduced -8.1k -8,135
69 Capital Analysts, LLC 0.14% of their portfolio FORT WASHINGTON, PA 48,53548.5k $4.2m $4.2m 0.14% Added +29.3k +29,301
70 Koss-Olinger Consulting, LLC 0.33% of their portfolio GAINESVILLE, FL 46,70846.7k $4.1m $4.1m 0.33% Reduced -8.3k -8,303
71 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 46,63746.6k $4.1m $4.1m 0.01% Reduced -83.4k -83,438
72 IAG Wealth Partners, LLC 0.51% of their portfolio WAUKESHA, WI 44,53544.5k $3.9m $3.9m 0.51% Added +25.5k +25,497
73 Kingsview Wealth Management, LLC 0.07% of their portfolio GRANTS PASS, OR 44,51844.5k $3.9m $3.9m 0.07% Added +279 +279
74 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 43,38043.4k $3.8m $3.8m 0.00% Reduced -2.9k -2,922
75 Gladstone Institutional Advisory LLC 0.15% of their portfolio Bedminster, NJ 42,46042.5k $3.7m $3.7m 0.15% Added +1.1k +1,097
76 Redhawk Wealth Advisors, Inc. 0.46% of their portfolio MINNEAPOLIS, MN 42,44442.4k $3.7m $3.7m 0.46% New
77 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 41,54741.5k $3.6m $3.6m 0.03% Added +5.1k +5,055
78 CWM, LLC 0.01% of their portfolio OMAHA, NE 35,26135.3k $3.1m $3.1m 0.01% Added +3.1k +3,135
79 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.07% of their portfolio LOS ANGELES, CA 35,14435.1k $3.1m $3.1m 0.07% Added +712 +712
80 GAMCO INVESTORS, INC. ET AL 0.03% of their portfolio GREENWICH, CT 34,42334.4k $3.0m $3.0m 0.03% New
81 MONECO ADVISORS, LLC 0.27% of their portfolio FAIRFIELD, CT 33,92933.9k $2.9m $2.9m 0.27% Added +10.8k +10,772
82 KINGSWOOD WEALTH ADVISORS, LLC 0.23% of their portfolio SAN DIEGO, CA 33,91533.9k $2.9m $2.9m 0.23% Added +1.7k +1,701
83 Pinnacle Family Advisors, LLC 1.42% of their portfolio Springfield, MO 33,73933.7k $2.9m $2.9m 1.42% New
84 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 32,81032.8k $2.9m $2.9m 0.00% Reduced -459 -459
85 Koshinski Asset Management, Inc. 0.21% of their portfolio DECATUR, IL 32,20732.2k $2.8m $2.8m 0.21% Reduced -1.3k -1,266
86 Courage Miller Partners, LLC 0.88% of their portfolio NORFOLK, VA 31,79631.8k $2.8m $2.8m 0.88% Added +2.0k +1,983
87 Occidental Asset Management, LLC 0.37% of their portfolio Burlingame, CA 30,99331.0k $2.7m $2.7m 0.37% Added +1.6k +1,638
88 U.S. Capital Wealth Advisors, LLC 0.08% of their portfolio AUSTIN, TX 30,86030.9k $2.7m $2.7m 0.08% Added +6.5k +6,470
89 Bill Few Associates, Inc. 0.73% of their portfolio SEWICKLEY, PA 29,68929.7k $2.6m $2.6m 0.73% Added +17.4k +17,384
90 Investors Research Corp 0.50% of their portfolio ATLANTA, GA 29,44629.4k $2.6m $2.6m 0.50% Reduced -22 -22
91 Pacific Sun Financial Corp 1.32% of their portfolio LOS ANGELES, CA 29,00429.0k $2.5m $2.5m 1.32% Added +95 +95
92 CARY STREET PARTNERS FINANCIAL LLC 0.07% of their portfolio RICHMOND, VA 28,61028.6k $2.5m $2.5m 0.07% Reduced -130.8k -130,810
93 Wealth Watch Advisors, INC 1.43% of their portfolio ENGLEWOOD, CO 28,52528.5k $2.5m $2.5m 1.43% New
94 Geneos Wealth Management Inc. 0.06% of their portfolio ENGLEWOOD, CO 28,07128.1k $2.4m $2.4m 0.06% Reduced -28.1k -28,103
95 MOSAIC FAMILY WEALTH PARTNERS, LLC 0.31% of their portfolio ST. LOUIS, MO 27,53127.5k $2.4m $2.4m 0.31% Added +9.2k +9,213
96 Heritage Wealth Management, Inc. /CA/ 1.68% of their portfolio SAN DIEGO, CA 25,54125.5k $2.2m $2.2m 1.68% Added +1.6k +1,556
97 Bristlecone Advisors, LLC 0.19% of their portfolio BELLEVUE, WA 25,53125.5k $2.2m $2.2m 0.19% Reduced -3.5k -3,455
98 Brookstone Capital Management 0.03% of their portfolio WHEATON, IL 25,43125.4k $2.2m $2.2m 0.03% Added +310 +310
99 GTS SECURITIES LLC 0.09% of their portfolio NEW YORK, NY 23,81423.8k $2.1m $2.1m 0.09% New
100 AlphaStar Capital Management, LLC 0.14% of their portfolio CORNELIUS, NC 23,59323.6k $2.0m $2.0m 0.14% Added +6.1k +6,121