Vault-13

SPDR SER TR MDYV

S&P 400 MDCP VAL · ETP · CUSIP 78464A839

381 institutional holders +6 vs Q1 2025
22,992,39323.0m shares reported held*
$1.8bnreported value*
25 new 133 added 144 reduced 19 sold out net sold ≈ $66.5m (-837.4k 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 ($2.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $79.73.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 265Q4 22: 315Q1 23: 309Q2 23: 303Q3 23: 306Q4 23: 348Q1 24: 357Q2 24: 342Q3 24: 354Q4 24: 377Q1 25: 375Q2 25: 381381Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022265
Q4 2022315
Q1 2023309
Q2 2023303
Q3 2023306
Q4 2023348
Q1 2024357
Q2 2024342
Q3 2024354
Q4 2024377
Q1 2025375
Q2 2025381

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 131 bought or addedQ3 23: 138 cut or sold outQ4 23: 174 bought or addedQ4 23: 122 cut or sold outQ4 23Q1 24: 152 bought or addedQ1 24: 172 cut or sold outQ2 24: 141 bought or addedQ2 24: 178 cut or sold outQ2 24Q3 24: 166 bought or addedQ3 24: 145 cut or sold outQ4 24: 189 bought or addedQ4 24: 119 cut or sold outQ4 24Q1 25: 158 bought or addedQ1 25: 179 cut or sold outQ2 25: 158 bought or addedQ2 25: 163 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023131138
Q4 2023174122
Q1 2024152172
Q2 2024141178
Q3 2024166145
Q4 2024189119
Q1 2025158179
Q2 2025158163

Calls vs puts

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

CallsPuts
$0$10k$20k$30k$40kQ3 24 calls: $31.8kQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $32.1kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $15.4kQ1 25 puts: $7.7kQ1 25P/C 0.50Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$31.8k$00.00
Q4 2024$32.1k$00.00
Q1 2025$15.4k$7.7k0.50
Q2 2025$0$0—

Biggest buyers

STIFEL FINANCIAL CORP Added +173,786+173.8k
BENJAMIN EDWARDS INC Added +148,218+148.2k
Prism Advisors, Inc. New +86,554+86.6k
MML INVESTORS SERVICES, LLC Added +70,997+71.0k
CONFLUENCE INVESTMENT MANAGEMENT LLC Added +64,311+64.3k
Avantax Planning Partners, Inc. Added +60,788+60.8k
TITLEIST ASSET MANAGEMENT, LLC New +57,343+57.3k
ROYAL BANK OF CANADA Added +49,481+49.5k
NorthRock Partners, LLC Added +40,782+40.8k
JONES FINANCIAL COMPANIES LLLP Added +34,628+34.6k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -279,402-279.4k
Clark Capital Management Group, Inc. Sold out -255,331-255.3k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -246,815-246.8k
Kestra Advisory Services, LLC Reduced -165,952-166.0k
Foundations Investment Advisors, LLC Sold out -148,497-148.5k
MERCER GLOBAL ADVISORS INC /ADV Reduced -128,158-128.2k
Avior Wealth Management, LLC Reduced -124,096-124.1k
TOWNSQUARE CAPITAL LLC Reduced -81,792-81.8k
KWB Wealth Reduced -62,606-62.6k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -55,317-55.3k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.31% of their portfolio PLYMOUTH, MN 2,272,8422.3m $187.0m $187.0m 0.31% Reduced -246.8k -246,815
2 NorthRock Partners, LLC 2.84% of their portfolio MINNEAPOLIS, MN 1,369,0031.4m $108.7m $108.7m 2.84% Added +40.8k +40,782
3 Financial Engines Advisors L.L.C. 0.20% of their portfolio SANTA CLARA, CA 1,287,1121.3m $102.2m $102.2m 0.20% Reduced -3.8k -3,760
4 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 1,081,7221.1m $85.9m $85.9m 0.03% Reduced -54.4k -54,428
5 STIFEL FINANCIAL CORP 0.07% of their portfolio ST. LOUIS, MO 842,491842.5k $66.9m $66.9m 0.07% Added +173.8k +173,786
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 737,563737.6k $58.6m $58.6m 0.00% Added +13.1k +13,065
7 BENJAMIN EDWARDS INC 0.72% of their portfolio Clayton, MO 714,877714.9k $56.8m $56.8m 0.72% Added +148.2k +148,218
8 Lutz Financial Services LLC 4.32% of their portfolio OMAHA, NE 701,235701.2k $55.7m $55.7m 4.32% Reduced -2.8k -2,760
9 FAS Wealth Partners, Inc. 3.46% of their portfolio LEAWOOD, KS 588,546588.5k $46.7m $46.7m 3.46% Added +32.3k +32,259
10 AE Wealth Management LLC 0.33% of their portfolio TOPEKA, KS 569,021569.0k $45.2m $45.2m 0.33% Added +11.0k +10,978
11 TIAA TRUST, NATIONAL ASSOCIATION 0.11% of their portfolio CHARLOTTE, NC 555,840555.8k $44.2m $44.2m 0.11% Reduced -45.5k -45,459
12 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 478,833478.8k $38.0m $38.0m 0.01% Reduced -13.4k -13,383
13 Avantax Planning Partners, Inc. 1.19% of their portfolio DUBUQUE, IA 472,930472.9k $37.6m $37.6m 1.19% Added +60.8k +60,788
14 CANANDAIGUA NATIONAL BANK & TRUST CO 2.92% of their portfolio CANANDAIGUA, NY 396,825396.8k $31.5m $31.5m 2.92% Reduced -2.7k -2,687
15 Klingman & Associates, LLC 1.63% of their portfolio New York, NY 372,304372.3k $29.6m $29.6m 1.63% Added +26.2k +26,152
16 First Pacific Financial 4.20% of their portfolio VANCOUVER, WA 358,986359.0k $28.5m $28.5m 4.20% Added +5.8k +5,805
17 First National Trust Co 1.07% of their portfolio Johnstown, PA 358,855358.9k $28.5m $28.5m 1.07% Added +17.9k +17,860
18 Equitable Holdings, Inc. 0.21% of their portfolio NEW YORK, NY 323,016323.0k $25.7m $25.7m 0.21% Added +32.4k +32,425
19 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.35% of their portfolio ST. LOUIS, MO 308,171308.2k $24.5m $24.5m 0.35% Added +64.3k +64,311
20 Convergence Financial, LLC 3.85% of their portfolio COLUMBIA, MO 282,007282.0k $22.4m $22.4m 3.85% Added +14.2k +14,236
21 GHP Investment Advisors, Inc. 0.98% of their portfolio Denver, CO 278,533278.5k $22.1m $22.1m 0.98% Added +3.2k +3,228
22 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 271,959272.0k $21.6m $21.6m 0.03% Added +29.8k +29,789
23 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 246,184246.2k $19.6m $19.6m 0.00% Reduced -14.8k -14,841
24 Asset Dedication, LLC 1.28% of their portfolio SAN FRANCISCO, CA 222,564222.6k $17.7m $17.7m 1.28% Reduced -3.5k -3,452
25 Rodgers & Associates, LTD 1.88% of their portfolio Lancaster, PA 215,566215.6k $17.1m $17.1m 1.88% Reduced -527 -527
26 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 209,018209.0k $16.6m $16.6m 0.03% Reduced -40.6k -40,646
27 MERCER GLOBAL ADVISORS INC /ADV 0.04% of their portfolio DENVER, CO 205,712205.7k $16.3m $16.3m 0.04% Reduced -128.2k -128,158
28 ERn Financial, LLC 3.30% of their portfolio MIDDLETON, WI 196,840196.8k $15.6m $15.6m 3.30% Reduced -13.3k -13,320
29 IHT Wealth Management, LLC 0.43% of their portfolio Chicago, IL 196,259196.3k $15.6m $15.6m 0.43% Added +7.1k +7,149
30 CWM, LLC 0.04% of their portfolio OMAHA, NE 153,866153.9k $12.2m $12.2m 0.04% Added +11.4k +11,359
31 McAdam, LLC 0.67% of their portfolio Philadelphia, PA 153,601153.6k $12.2m $12.2m 0.67% Reduced -1.9k -1,943
32 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 152,886152.9k $12.1m $12.1m 0.04% Added +71.0k +70,997
33 BALANCED WEALTH GROUP LLC 5.30% of their portfolio WESTLAKE, OH 152,171152.2k $12.2m $12.2m 5.30% Added +10.6k +10,619
34 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 140,800140.8k $11.2m $11.2m 0.01% Added +34.6k +34,628
35 SIGNET FINANCIAL MANAGEMENT, LLC 1.35% of their portfolio PARSIPPANY, NJ 135,364135.4k $10.8m $10.8m 1.35% Reduced -12.4k -12,356
36 Private Wealth Management Group, LLC 3.49% of their portfolio PRINCETON, NJ 132,360132.4k $10.5m $10.5m 3.49% Reduced -1.3k -1,306
37 Mariner, LLC 0.01% of their portfolio Overland Park, KS 126,115126.1k $10.0m $10.0m 0.01% Added +273 +273
38 Marathon Mission, Inc. 6.31% of their portfolio ALBANY, NY 124,943124.9k $9.9m $9.9m 6.31% Reduced -30.9k -30,912
39 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 123,000123.0k $9.8m $9.8m 0.00% Added +8.7k +8,650
40 CARY STREET PARTNERS FINANCIAL LLC 0.27% of their portfolio RICHMOND, VA 122,769122.8k $9.8m $9.8m 0.27% Reduced -11.7k -11,735
41 Alesco Advisors, LLC, An ESL Co 0.27% of their portfolio Pittsford, NY 118,673118.7k $9.4m $9.4m 0.27% Reduced -731 -731
42 KWB Wealth 1.10% of their portfolio REDLANDS, CA 117,493117.5k $9.1m $9.1m 1.10% Reduced -62.6k -62,606
43 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 117,476117.5k $9.3m $9.3m 0.00% Added +49.5k +49,481
44 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 114,111114.1k $9.1m $9.1m 0.01% Reduced -55.3k -55,317
45 JNBA Financial Advisors 0.83% of their portfolio BLOOMINGTON, MN 108,014108.0k $8.6m $8.6m 0.83% Reduced -9.8k -9,801
46 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 104,869104.9k $8.3m $8.3m 0.01% Added +18.7k +18,665
47 AVANTAX ADVISORY SERVICES, INC. 0.05% of their portfolio DALLAS, TX 104,770104.8k $8.3m $8.3m 0.05% Added +16.8k +16,762
48 Total Wealth Planning, LLC 1.02% of their portfolio CINCINNATI, OH 102,071102.1k $8.1m $8.1m 1.02% Added +6.5k +6,548
49 Prestige Wealth Management Group LLC 1.61% of their portfolio FLEMINGTON, NJ 99,13699.1k $7.9m $7.9m 1.61% Added +2.1k +2,079
50 WCG Wealth Advisors LLC 0.47% of their portfolio LAS VEGAS, NV 92,41092.4k $7.3m $7.3m 0.47% Added +3.7k +3,705
51 WealthShield Partners, LLC 0.87% of their portfolio CARY, NC 90,84290.8k $7.2m $7.2m 0.87% Reduced -710 -710
52 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 89,68789.7k $7.1m $7.1m 0.00% Added +21.5k +21,460
53 Rockbridge Investment Management, LCC 0.75% of their portfolio Syracuse, NY 88,20288.2k $7.0m $7.0m 0.75% Reduced -4.8k -4,844
54 Prism Advisors, Inc. 1.96% of their portfolio STUDIO CITY, CA 86,55486.6k $6.9m $6.9m 1.96% New
55 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 84,79984.8k $6.7m $6.7m 0.04% Added +13.6k +13,612
56 IAG Wealth Partners, LLC 0.87% of their portfolio WAUKESHA, WI 83,06483.1k $6.6m $6.6m 0.87% Added +25.4k +25,363
57 CAPITAL WEALTH MANAGEMENT, LLC 2.46% of their portfolio W. WARWICK, RI 82,90582.9k $6.6m $6.6m 2.46% Added +1.8k +1,834
58 Avior Wealth Management, LLC 0.21% of their portfolio OMAHA, NE 77,88077.9k $6.2m $6.2m 0.21% Reduced -124.1k -124,096
59 SAGE FINANCIAL GROUP INC 0.45% of their portfolio W. CONSHOHOCKEN, PA 76,14976.1k $6.0m $6.0m 0.45% Reduced -225 -225
60 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 73,87273.9k $5.9m $5.9m 0.00% Reduced -786 -786
61 Councilor Wealth, LLC 2.63% of their portfolio BETHESDA, MD 70,93470.9k $5.6m $5.6m 2.63% Reduced -3.3k -3,327
62 Diligent Investors, LLC 1.33% of their portfolio REDLANDS, CA 70,62970.6k $5.6m $5.6m 1.33% Reduced -5.7k -5,691
63 Pathstone Holdings, LLC 0.02% of their portfolio ENGLEWOOD, NJ 69,29069.3k $5.5m $5.5m 0.02% Unchanged
64 WALLER FINANCIAL PLANNING GROUP, INC 1.20% of their portfolio COLUMBUS, OH 62,53562.5k $5.0m $5.0m 1.20% Added +9.9k +9,923
65 Freedom Investment Management, Inc. 0.38% of their portfolio SOUTH WINDSOR, CT 59,74359.7k $4.7m $4.7m 0.38% Reduced -420 -420
66 Gladstone Institutional Advisory LLC 0.19% of their portfolio Bedminster, NJ 59,13159.1k $4.7m $4.7m 0.19% Added +2.3k +2,307
67 TITLEIST ASSET MANAGEMENT, LLC 0.45% of their portfolio SAN ANTONIO, TX 57,34357.3k $4.6m $4.6m 0.45% New
68 Koss-Olinger Consulting, LLC 0.37% of their portfolio GAINESVILLE, FL 56,96957.0k $4.5m $4.5m 0.37% Reduced -8.3k -8,323
69 RTD Financial Advisors, Inc. 0.57% of their portfolio Philadelphia, PA 55,68955.7k $4.4m $4.4m 0.57% Reduced -27 -27
70 Marotta Asset Management 0.85% of their portfolio CHARLOTTESVILLE, VA 53,61353.6k $4.3m $4.3m 0.85% Reduced -4.8k -4,795
71 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 53,57653.6k $4.3m $4.3m 0.00% Reduced -1.7k -1,674
72 Canandaigua National Trust Co of Florida 2.89% of their portfolio CANANDAIGUA, NY 51,11551.1k $4.1m $4.1m 2.89% Reduced -569 -569
73 Modera Wealth Management, LLC 0.05% of their portfolio WESTWOOD, NJ 50,49550.5k $4.0m $4.0m 0.05% Added +69 +69
74 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.09% of their portfolio LOS ANGELES, CA 50,34750.3k $4.0m $4.0m 0.09% Reduced -15.9k -15,930
75 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 49,74649.7k $4.0m $4.0m 0.00% Reduced -279.4k -279,402
76 Capital Analysts, LLC 0.13% of their portfolio FORT WASHINGTON, PA 49,45749.5k $3.9m $3.9m 0.13% Added +28.1k +28,129
77 Chicago Partners Investment Group LLC 0.12% of their portfolio CHICAGO, IL 48,57548.6k $4.0m $4.0m 0.12% Added +1.6k +1,577
78 BAILARD, INC. 0.09% of their portfolio Foster City, CA 48,28948.3k $3.8m $3.8m 0.09% Reduced -914 -914
79 UBS Group AG 0.00% of their portfolio ZURICH, V8 46,58146.6k $3.7m $3.7m 0.00% Reduced -1.7k -1,677
80 IMC-Chicago, LLC 0.09% of their portfolio CHICAGO, IL 46,19346.2k $3.7m $3.7m 0.09% Added +27.9k +27,933
81 Montz Harcus Wealth Management LLC 1.76% of their portfolio New Orleans, LA 45,87445.9k $3.6m $3.6m 1.76% Added +1.5k +1,522
82 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 45,36645.4k $3.6m $3.6m 0.01% Added +13.7k +13,671
83 MONECO ADVISORS, LLC 0.32% of their portfolio FAIRFIELD, CT 43,44943.4k $3.5m $3.5m 0.32% Added +7.4k +7,354
84 TOWNSQUARE CAPITAL LLC 0.32% of their portfolio Lehi, UT 41,50441.5k $3.3m $3.3m 0.32% Reduced -81.8k -81,792
85 Geneos Wealth Management Inc. 0.08% of their portfolio ENGLEWOOD, CO 41,44941.4k $3.3m $3.3m 0.08% Reduced -42.1k -42,101
86 Wealthcare Advisory Partners LLC 0.07% of their portfolio WEST CHESTER, PA 41,12941.1k $3.3m $3.3m 0.07% Added +2.7k +2,736
87 Koshinski Asset Management, Inc. 0.24% of their portfolio DECATUR, IL 40,44040.4k $3.2m $3.2m 0.24% Reduced -2.4k -2,445
88 Occidental Asset Management, LLC 0.37% of their portfolio Burlingame, CA 33,81333.8k $2.7m $2.7m 0.37% Added +1.9k +1,881
89 Rialto Wealth Management, LLC 0.74% of their portfolio SYRACUSE, NY 33,42933.4k $2.7m $2.7m 0.74% Reduced -612 -612
90 FIDELIS CAPITAL PARTNERS, LLC 0.24% of their portfolio TAMPA, FL 33,11733.1k $2.6m $2.6m 0.24% Added +10.0k +10,003
91 LODESTAR PRIVATE ASSET MANAGEMENT LLC 0.29% of their portfolio ALAMO, CA 31,80531.8k $2.5m $2.5m 0.29% Reduced -579 -579
92 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 31,57731.6k $2.5m $2.5m 0.01% Reduced -842 -842
93 KINGSWOOD WEALTH ADVISORS, LLC 0.20% of their portfolio SAN DIEGO, CA 31,53331.5k $2.5m $2.5m 0.20% Reduced -986 -986
94 Courage Miller Partners, LLC 0.78% of their portfolio NORFOLK, VA 31,08831.1k $2.5m $2.5m 0.78% Added +1.4k +1,382
95 Brookstone Capital Management 0.03% of their portfolio WHEATON, IL 29,59129.6k $2.4m $2.4m 0.03% Reduced -519 -519
96 Bill Few Associates, Inc. 0.65% of their portfolio SEWICKLEY, PA 29,10929.1k $2.3m $2.3m 0.65% Added +17.6k +17,636
97 Garden State Investment Advisory Services LLC 0.61% of their portfolio Red Bank, NJ 28,25028.2k $2.2m $2.2m 0.61% Reduced -9.3k -9,251
98 Ignite Planners, LLC 0.40% of their portfolio SAN CLEMENTE, CA 28,24028.2k $2.3m $2.3m 0.40% Added +252 +252
99 CX Institutional 0.07% of their portfolio AUBURN, IN 26,09126.1k $2.1m $2.1m 0.07% Added +7.2k +7,232
100 Kingsview Wealth Management, LLC 0.03% of their portfolio GRANTS PASS, OR 25,48725.5k $2.0m $2.0m 0.03% Added +928 +928