Vault-13

SPDR SER TR MDYV

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

379 institutional holders -4 vs Q4 2025
21,382,48821.4m shares reported held*
$1.9bnreported value*
22 new 122 added 156 reduced 25 sold out net sold ≈ $103.6m (-1.2m 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 ($6.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $86.56.

Trends to Q1 2026

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: 381Q3 25: 364Q4 25: 383Q1 26: 379379Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025364
Q4 2025383
Q1 2026379

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 24: 141 bought or addedQ2 24: 178 cut or sold outQ3 24: 166 bought or addedQ3 24: 145 cut or sold outQ3 24Q4 24: 189 bought or addedQ4 24: 119 cut or sold outQ1 25: 158 bought or addedQ1 25: 179 cut or sold outQ1 25Q2 25: 158 bought or addedQ2 25: 163 cut or sold outQ3 25: 131 bought or addedQ3 25: 186 cut or sold outQ3 25Q4 25: 158 bought or addedQ4 25: 150 cut or sold outQ1 26: 144 bought or addedQ1 26: 181 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024141178
Q3 2024166145
Q4 2024189119
Q1 2025158179
Q2 2025158163
Q3 2025131186
Q4 2025158150
Q1 2026144181

Biggest buyers

Convergence Financial, LLC Added +294,916+294.9k
Summit Financial, LLC New +129,193+129.2k
AE Wealth Management LLC Added +101,781+101.8k
MORGAN STANLEY Added +82,629+82.6k
Equitable Holdings, Inc. Added +72,731+72.7k
Savant Capital, LLC New +50,577+50.6k
BNP PARIBAS FINANCIAL MARKETS New +50,000+50.0k
Independent Advisor Alliance Added +41,576+41.6k
NorthRock Partners, LLC Added +40,077+40.1k
JONES FINANCIAL COMPANIES LLLP Added +34,585+34.6k

Biggest sellers

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -778,974-779.0k
TIAA TRUST, NATIONAL ASSOCIATION Reduced -508,671-508.7k
STIFEL FINANCIAL CORP Reduced -197,604-197.6k
BENJAMIN EDWARDS INC Reduced -165,336-165.3k
GOLDMAN SACHS GROUP INC Reduced -148,570-148.6k
IHT Wealth Management, LLC Sold out -139,895-139.9k
Asset Dedication, LLC Reduced -80,984-81.0k
CONFLUENCE INVESTMENT MANAGEMENT LLC Reduced -69,832-69.8k
Financial Engines Advisors L.L.C. Reduced -56,489-56.5k
AMERIPRISE FINANCIAL INC Reduced -44,796-44.8k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NorthRock Partners, LLC 1.85% of their portfolio MINNEAPOLIS, MN 1,343,7481.3m $114.4m $114.4m 1.85% Added +40.1k +40,077
2 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.24% of their portfolio PLYMOUTH, MN 1,285,7151.3m $110.1m $110.1m 0.24% Reduced -779.0k -778,974
3 Financial Engines Advisors L.L.C. 0.21% of their portfolio SANTA CLARA, CA 1,197,5901.2m $102.0m $102.0m 0.21% Reduced -56.5k -56,489
4 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,080,2261.1m $92.0m $92.0m 0.02% Added +26.6k +26,572
5 AE Wealth Management LLC 0.44% of their portfolio TOPEKA, KS 960,579960.6k $81.8m $81.8m 0.44% Added +101.8k +101,781
6 Avantax Planning Partners, Inc. 2.15% of their portfolio DUBUQUE, IA 918,268918.3k $78.2m $78.2m 2.15% Added +24.8k +24,826
7 Lutz Financial Services LLC 4.61% of their portfolio OMAHA, NE 805,859805.9k $68.6m $68.6m 4.61% Added +22.4k +22,421
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 726,104726.1k $61.8m $61.8m 0.00% Added +82.6k +82,629
9 FAS Wealth Partners, Inc. 3.32% of their portfolio LEAWOOD, KS 625,208625.2k $53.2m $53.2m 3.32% Added +14.4k +14,368
10 Convergence Financial, LLC 5.44% of their portfolio COLUMBIA, MO 601,278601.3k $51.4m $51.4m 5.44% Added +294.9k +294,916
11 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.17% of their portfolio CHARLOTTE, NC 504,899504.9k $43.0m $43.0m 0.17% First filing
12 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 449,507449.5k $38.3m $38.3m 0.01% Reduced -24.9k -24,887
13 CANANDAIGUA NATIONAL CORP 3.21% of their portfolio CANANDAIGUA, NY 421,045421.0k $35.9m $35.9m 3.21% First filing
14 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 410,049410.0k $34.9m $34.9m 0.04% Added +28.8k +28,763
15 First National Trust Co 1.11% of their portfolio Johnstown, PA 382,687382.7k $32.6m $32.6m 1.11% Added +21.3k +21,290
16 Klingman & Associates, LLC 1.51% of their portfolio New York, NY 369,859369.9k $31.5m $31.5m 1.51% Reduced -1.3k -1,295
17 Equitable Holdings, Inc. 0.39% of their portfolio NEW YORK, NY 369,007369.0k $60.4m $60.4m 0.39% Added +72.7k +72,731
18 First Pacific Financial 4.03% of their portfolio VANCOUVER, WA 367,076367.1k $31.3m $31.3m 4.03% Reduced -2.7k -2,674
19 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 308,337308.3k $26.3m $26.3m 0.03% Reduced -5.6k -5,572
20 GHP Investment Advisors, Inc. 1.00% of their portfolio Denver, CO 285,050285.1k $24.3m $24.3m 1.00% Added +3.4k +3,412
21 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 268,219268.2k $22.4m $22.4m 0.01% Added +34.6k +34,585
22 WCG Wealth Advisors LLC 0.59% of their portfolio LAS VEGAS, NV 248,762248.8k $21.2m $21.2m 0.59% Added +7.9k +7,942
23 Rodgers & Associates, LTD 1.90% of their portfolio Lancaster, PA 218,907218.9k $18.6m $18.6m 1.90% Reduced -1.1k -1,133
24 MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio DENVER, CO 206,667206.7k $17.6m $17.6m 0.03% Added +3.4k +3,399
25 CWM, LLC 0.04% of their portfolio OMAHA, NE 198,943198.9k $16.9m $16.9m 0.04% Reduced -2.4k -2,442
26 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 174,134174.1k $14.8m $14.8m 0.04% Added +11.3k +11,334
27 ERn Financial, LLC 2.71% of their portfolio MIDDLETON, WI 169,432169.4k $14.4m $14.4m 2.71% Reduced -6.3k -6,318
28 BALANCED WEALTH GROUP LLC 4.91% of their portfolio WESTLAKE, OH 161,121161.1k $13.7m $13.7m 4.91% Added +4.5k +4,539
29 Asset Dedication, LLC 0.90% of their portfolio SAN FRANCISCO, CA 151,326151.3k $12.9m $12.9m 0.90% Reduced -81.0k -80,984
30 McAdam, LLC 0.55% of their portfolio Philadelphia, PA 142,608142.6k $12.1m $12.1m 0.55% Reduced -5.5k -5,542
31 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 141,810141.8k $12.1m $12.1m 0.00% Added +15.5k +15,523
32 SIGNET FINANCIAL MANAGEMENT, LLC 1.24% of their portfolio PARSIPPANY, NJ 129,387129.4k $11.0m $11.0m 1.24% Reduced -3.2k -3,173
33 Summit Financial, LLC 0.14% of their portfolio PARSIPPANY, NJ 129,193129.2k $11.0m $11.0m 0.14% New
34 Marathon Mission, Inc. 6.10% of their portfolio ALBANY, NY 122,996123.0k $10.5m $10.5m 6.10% Reduced -866 -866
35 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 121,119121.1k $10.3m $10.3m 0.01% Added +13.1k +13,139
36 Mariner, LLC 0.01% of their portfolio Overland Park, KS 120,218120.2k $10.2m $10.2m 0.01% Reduced -7.6k -7,581
37 MONECO ADVISORS, LLC 0.78% of their portfolio FAIRFIELD, CT 117,952118.0k $10.0m $10.0m 0.78% Added +28.6k +28,618
38 Private Wealth Management Group, LLC 2.61% of their portfolio PRINCETON, NJ 116,916116.9k $10.0m $10.0m 2.61% Reduced -6.1k -6,082
39 CARY STREET PARTNERS FINANCIAL LLC 0.24% of their portfolio RICHMOND, VA 113,733113.7k $9.7m $9.7m 0.24% Reduced -1.6k -1,642
40 Alesco Advisors, LLC, An ESL Co 0.24% of their portfolio Pittsford, NY 110,354110.4k $9.4m $9.4m 0.24% Reduced -5.5k -5,477
41 CAPITAL WEALTH MANAGEMENT, LLC 2.25% of their portfolio W. WARWICK, RI 97,55297.6k $8.3m $8.3m 2.25% Added +6.6k +6,644
42 Prestige Wealth Management Group LLC 1.58% of their portfolio FLEMINGTON, NJ 94,74594.7k $8.1m $8.1m 1.58% Reduced -2.3k -2,304
43 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 93,54393.5k $8.0m $8.0m 0.04% Added +8.0k +7,951
44 JNBA Financial Advisors 0.63% of their portfolio BLOOMINGTON, MN 88,61288.6k $7.5m $7.5m 0.63% Reduced -10.3k -10,346
45 WealthShield Partners, LLC 0.84% of their portfolio CARY, NC 88,17388.2k $7.5m $7.5m 0.84% Added +1.2k +1,183
46 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 83,95084.0k $7.1m $7.1m 0.00% Reduced -148.6k -148,570
47 IAG Wealth Partners, LLC 0.77% of their portfolio WAUKESHA, WI 80,91380.9k $6.9m $6.9m 0.77% Reduced -2.5k -2,498
48 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 80,08080.1k $6.8m $6.8m 0.00% Added +3.2k +3,234
49 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 77,04877.0k $6.6m $6.6m 0.00% Reduced -44.8k -44,796
50 SAGE FINANCIAL GROUP INC 0.41% of their portfolio W. CONSHOHOCKEN, PA 73,32373.3k $6.2m $6.2m 0.41% Reduced -222 -222
51 Avior Wealth Management, LLC 0.18% of their portfolio OMAHA, NE 73,20273.2k $6.2m $6.2m 0.18% Reduced -30 -30
52 Redwood Investment Management, LLC 0.75% of their portfolio SCOTTSDALE, AZ 70,89870.9k $6.0m $6.0m 0.75% Added +4.0k +4,016
53 Pathstone Holdings, LLC 0.02% of their portfolio ENGLEWOOD, NJ 69,32869.3k $5.9m $5.9m 0.02% Unchanged
54 Rockbridge Investment Management, LCC 0.53% of their portfolio Syracuse, NY 68,64968.6k $5.8m $5.8m 0.53% Reduced -3.5k -3,516
55 Gladstone Institutional Advisory LLC 0.21% of their portfolio Bedminster, NJ 65,14965.1k $5.5m $5.5m 0.21% Added +4.5k +4,458
56 Diligent Investors, LLC 1.36% of their portfolio REDLANDS, CA 64,47864.5k $5.5m $5.5m 1.36% Reduced -766 -766
57 Councilor Wealth, LLC 2.59% of their portfolio BETHESDA, MD 62,75862.8k $5.3m $5.3m 2.59% Reduced -5.1k -5,054
58 Chicago Partners Investment Group LLC 0.12% of their portfolio CHICAGO, IL 60,54760.5k $5.5m $5.5m 0.12% Added +3.2k +3,250
59 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 57,20757.2k $4.9m $4.9m 0.00% Reduced -197.6k -197,604
60 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 56,14356.1k $4.8m $4.8m 0.00% Added +274 +274
61 RTD Financial Advisors, Inc. 0.55% of their portfolio Philadelphia, PA 52,64652.6k $4.5m $4.5m 0.55% Reduced -2.3k -2,319
62 UBS Group AG 0.00% of their portfolio ZURICH, V8 52,63452.6k $4.5m $4.5m 0.00% Added +7.7k +7,733
63 SACKS & ASSOCIATES, LLC 3.22% of their portfolio WARREN, NJ 50,83050.8k $4.3m $4.3m 3.22% Reduced -3.3k -3,312
64 Savant Capital, LLC 0.02% of their portfolio ROCKFORD, IL 50,57750.6k $4.3m $4.3m 0.02% New
65 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 50,00050.0k $4.3m $4.3m 0.00% New
66 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 49,15349.2k $4.2m $4.2m 0.01% Added +2.0k +1,971
67 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 48,90648.9k $4.2m $4.2m 0.00% Added +9.3k +9,317
68 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 48,14148.1k $4.1m $4.1m 0.00% Added +6.7k +6,741
69 Independent Advisor Alliance 0.04% of their portfolio CHARLOTTE, NC 47,46947.5k $4.0m $4.0m 0.04% Added +41.6k +41,576
70 Canandaigua National Trust Co of Florida 3.23% of their portfolio CANANDAIGUA, NY 47,25047.2k $4.0m $4.0m 3.23% Added +416 +416
71 Marotta Asset Management 0.73% of their portfolio CHARLOTTESVILLE, VA 46,41446.4k $4.0m $4.0m 0.73% Reduced -3.0k -2,963
72 Montz Harcus Wealth Management LLC 1.55% of their portfolio New Orleans, LA 45,16245.2k $3.8m $3.8m 1.55% Added +199 +199
73 BAILARD, INC. 0.09% of their portfolio Foster City, CA 44,93244.9k $3.8m $3.8m 0.09% Reduced -225 -225
74 Geneos Wealth Management Inc. 0.09% of their portfolio ENGLEWOOD, CO 44,30544.3k $3.8m $3.8m 0.09% Added +117 +117
75 Capital Analysts, LLC 0.10% of their portfolio FORT WASHINGTON, PA 43,84043.8k $3.7m $3.7m 0.10% Reduced -2.5k -2,489
76 Wealthcare Advisory Partners LLC 0.07% of their portfolio WEST CHESTER, PA 43,76643.8k $3.7m $3.7m 0.07% Reduced -2.4k -2,375
77 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 41,50841.5k $3.5m $3.5m 0.00% Added +1.5k +1,535
78 Empowered Funds, LLC 0.02% of their portfolio NEWTOWN SQUARE, PA 40,59940.6k $3.5m $3.5m 0.02% Added +255 +255
79 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 40,12940.1k $3.4m $3.4m 0.01% Added +7.7k +7,749
80 BENJAMIN EDWARDS INC 0.03% of their portfolio Clayton, MO 38,10038.1k $3.2m $3.2m 0.03% Reduced -165.3k -165,336
81 Cambria Investment Management, L.P. 0.18% of their portfolio Manhattan Beach, CA 37,51037.5k $3.2m $3.2m 0.18% Reduced -2.8k -2,834
82 Modera Wealth Management, LLC 0.04% of their portfolio WESTWOOD, NJ 37,36237.4k $3.2m $3.2m 0.04% Reduced -13.3k -13,256
83 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 37,35637.4k $3.2m $3.2m 0.02% Added +120 +120
84 Occidental Asset Management, LLC 0.36% of their portfolio Burlingame, CA 35,37935.4k $3.0m $3.0m 0.36% Added +870 +870
85 Bill Few Associates, Inc. 0.72% of their portfolio SEWICKLEY, PA 35,28235.3k $3.0m $3.0m 0.72% Added +1.1k +1,145
86 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 32,74132.7k $2.7m $2.7m 0.00% Reduced -557 -557
87 TITLEIST ASSET MANAGEMENT, LLC 0.21% of their portfolio SAN ANTONIO, TX 32,09632.1k $2.7m $2.7m 0.21% Added +1.7k +1,719
88 Kingsview Wealth Management, LLC 0.04% of their portfolio GRANTS PASS, OR 31,76531.8k $2.7m $2.7m 0.04% Reduced -410 -410
89 Koss-Olinger Consulting, LLC 0.23% of their portfolio GAINESVILLE, FL 31,66731.7k $2.7m $2.7m 0.23% Reduced -19.3k -19,313
90 Koshinski Asset Management, Inc. 0.17% of their portfolio DECATUR, IL 31,52331.5k $2.7m $2.7m 0.17% Reduced -2.3k -2,310
91 WealthTrak Capital Management LLC 1.88% of their portfolio VIRGINIA BEACH, VA 30,98631.0k $2.6m $2.6m 1.88% New
92 Courage Miller Partners, LLC 0.74% of their portfolio NORFOLK, VA 30,92930.9k $2.6m $2.6m 0.74% Added +50 +50
93 Ignite Planners, LLC 0.40% of their portfolio SAN CLEMENTE, CA 30,14330.1k $2.6m $2.6m 0.40% Reduced -123 -123
94 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 29,74029.7k $2.5m $2.5m 0.00% Reduced -1.1k -1,138
95 Shum Financial Group, Inc. 1.76% of their portfolio ALAMEDA, CA 29,26329.3k $2.5m $2.5m 1.76% Added +1.2k +1,151
96 CX Institutional 0.07% of their portfolio AUBURN, IN 28,81628.8k $2.5m $2.5m 0.07% Added +1.0k +1,024
97 Brookstone Capital Management 0.03% of their portfolio WHEATON, IL 27,53527.5k $2.3m $2.3m 0.03% Reduced -1.5k -1,475
98 Intrua Financial, LLC 0.25% of their portfolio Houston, TX 27,45227.5k $2.3m $2.3m 0.25% Reduced -178 -178
99 KINGSWOOD WEALTH ADVISORS, LLC 0.11% of their portfolio SAN DIEGO, CA 27,14827.1k $2.3m $2.3m 0.11% Added +91 +91
100 Barden Capital Management, Inc. 1.94% of their portfolio AUSTIN, TX 26,60226.6k $2.3m $2.3m 1.94% Added +612 +612