Vault-13

SPDR SERIES TRUST SPYM

PORTFOLIO S&P500 · ETP · CUSIP 78464A854

925 institutional holders +141 vs Q3 2023
352,380,841352.4m shares reported held*
$19.7bnreported value*
102 new 412 added 259 reduced 28 sold out net bought ≈ $3.9bn (+69.2m 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 ($40.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $55.96. Options: 4 managers hold calls ($17.3m notional), 6 hold puts ($12.3m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 629Q4 22: 697Q1 23: 697Q2 23: 765Q3 23: 784Q4 23: 925925Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022629
Q4 2022697
Q1 2023697
Q2 2023765
Q3 2023784
Q4 2023925

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 353 bought or addedQ4 22: 257 cut or sold outQ4 22Q1 23: 356 bought or addedQ1 23: 292 cut or sold outQ1 23Q2 23: 410 bought or addedQ2 23: 278 cut or sold outQ2 23Q3 23: 431 bought or addedQ3 23: 301 cut or sold outQ3 23Q4 23: 514 bought or addedQ4 23: 287 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022353257
Q1 2023356292
Q2 2023410278
Q3 2023431301
Q4 2023514287

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ1 23 calls: $28.9mQ1 23 puts: $29.3mQ1 23P/C 1.01Q2 23 calls: $18.1mQ2 23 puts: $23.6mQ2 23P/C 1.31Q3 23 calls: $14.4mQ3 23 puts: $5.2mQ3 23P/C 0.36Q4 23 calls: $17.3mQ4 23 puts: $12.3mQ4 23P/C 0.71
Numbers
QuarterCallsPutsP/C
Q1 2023$28.9m$29.3m1.01
Q2 2023$18.1m$23.6m1.31
Q3 2023$14.4m$5.2m0.36
Q4 2023$17.3m$12.3m0.71

Biggest buyers

JPMORGAN CHASE & CO Added +13,286,939+13.3m
MORGAN STANLEY Added +8,663,464+8.7m
LPL Financial LLC Added +4,614,754+4.6m
ENVESTNET ASSET MANAGEMENT INC Added +4,080,428+4.1m
Advance Capital Management, Inc. Added +3,975,462+4.0m
BANK OF AMERICA CORP /DE/ Added +2,332,132+2.3m
1900 WEALTH MANAGEMENT LLC Added +2,303,056+2.3m
TD PRIVATE CLIENT WEALTH LLC Added +2,194,207+2.2m
Advocacy Wealth Management, LLC New +1,982,728+2.0m
OneDigital Investment Advisors LLC Added +1,884,078+1.9m

Biggest sellers

Gateway Wealth Partners, LLC Reduced -1,391,580-1.4m
Brookstone Capital Management Reduced -622,146-622.1k
SigFig Wealth Management, LLC Reduced -598,558-598.6k
Stadion Money Management, LLC Reduced -396,541-396.5k
AGUR PROVIDENT & TRAINING FUNDS MANAGEMENT LTD Reduced -340,800-340.8k
Bull Oak Capital, LLC Reduced -334,724-334.7k
Ashton Thomas Private Wealth, LLC Reduced -332,963-333.0k
Wealth Advisory Solutions, LLC Sold out -265,093-265.1k
Summit Global Investments Reduced -225,378-225.4k
Aptus Capital Advisors, LLC Reduced -220,158-220.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $15.3m274.1k shares
CITADEL ADVISORS LLC Reduced $1.5m26.8k shares
WOLVERINE TRADING, LLC Reduced $430.4k7.7k shares
Cutler Group LLC / CA Added $67.0k21.6k shares

Biggest puts

DCF Advisers, LLC New $7.7m137.0k shares
Raymond James Financial Services Advisors, Inc. New $2.3m41.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.1m19.7k shares
CITADEL ADVISORS LLC Reduced $637.3k11.4k shares
WOLVERINE TRADING, LLC Reduced $587.0k10.5k shares
Cutler Group LLC / CA Reduced $2.0k13.1k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.93% of their portfolio FORT MILL, SC 27,437,87527.4m $1.5bn $1.5bn 0.93% Added +4.6m +4,614,754
2 Creative Planning 2.75% of their portfolio OVERLAND PARK, KS 26,525,46026.5m $1.5bn $1.5bn 2.75% Added +468.0k +467,975
3 JPMORGAN CHASE & CO 0.07% of their portfolio NEW YORK, NY 23,331,51023.3m $1.3bn $1.3bn 0.07% Added +13.3m +13,286,939
4 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 12,245,43012.2m $684.5m $684.5m 0.03% Added +8.7m +8,663,464
5 ENVESTNET ASSET MANAGEMENT INC 0.19% of their portfolio Berwyn, PA 8,405,0948.4m $469.8m $469.8m 0.19% Added +4.1m +4,080,428
6 OneDigital Investment Advisors LLC 7.74% of their portfolio OVERLAND PARK, KS 7,911,0787.9m $442.2m $442.2m 7.74% Added +1.9m +1,884,078
7 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 7,845,8817.8m $438.6m $438.6m 0.05% Added +2.3m +2,332,132
8 AE Wealth Management LLC 2.28% of their portfolio TOPEKA, KS 7,796,8687.8m $446.9m $446.9m 2.28% Added +511.7k +511,684
9 OSAIC HOLDINGS, INC. 0.72% of their portfolio SCOTTSDALE, AZ 7,344,0247.3m $410.6m $410.6m 0.72% Added +83.6k +83,606
10 Stadion Money Management, LLC 26.94% of their portfolio WATKINSVILLE, GA 7,275,5217.3m $406.7m $406.7m 26.94% Reduced -396.5k -396,541
11 Advance Capital Management, Inc. 26.31% of their portfolio SOUTHFIELD, MI 5,956,9736.0m $333.0m $333.0m 26.31% Added +4.0m +3,975,462
12 CWM, LLC 1.78% of their portfolio OMAHA, NE 5,921,0405.9m $331.0m $331.0m 1.78% Added +1.5m +1,450,389
13 Clark Capital Management Group, Inc. 2.61% of their portfolio PHILADELPHIA, PA 5,711,1375.7m $319.3m $319.3m 2.61% Reduced -119.8k -119,806
14 Financial Engines Advisors L.L.C. 0.68% of their portfolio SANTA CLARA, CA 5,148,1745.1m $287.8m $287.8m 0.68% Added +129.8k +129,812
15 ASSETMARK, INC 0.86% of their portfolio CONCORD, CA 4,246,1724.2m $237.4m $237.4m 0.86% Added +57.2k +57,221
16 Private Advisor Group, LLC 1.83% of their portfolio MORRISTOWN, NJ 4,210,3634.2m $235.4m $235.4m 1.83% Added +361.9k +361,904
17 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.14% of their portfolio Toronto, A6 4,152,6954.2m $232.1m $232.1m 0.14% Added +377.9k +377,862
18 Gradient Investments LLC 5.08% of their portfolio ARDEN HILLS, MN 3,756,1293.8m $210.0m $210.0m 5.08% Added +88.0k +87,951
19 Tennessee Valley Asset Management Partners 24.43% of their portfolio KNOXVILLE, TN 3,203,5423.2m $179.1m $179.1m 24.43% Added +1.6m +1,613,205
20 GM Advisory Group, LLC 12.84% of their portfolio MELVILLE, NY 3,040,6903.0m $170.0m $170.0m 12.84% Added +149.4k +149,365
21 Capital Analysts, LLC 7.85% of their portfolio FORT WASHINGTON, PA 2,788,5312.8m $155.9m $155.9m 7.85% Added +19.1k +19,095
22 Raymond James Financial Services Advisors, Inc. 0.25% of their portfolio ST. PETERSBURG, FL 2,730,8642.7m $152.7m $152.7m 0.25% Added +1.1m +1,099,715
23 Wealthcare Advisory Partners LLC 5.86% of their portfolio WEST CHESTER, PA 2,637,7482.6m $147.5m $147.5m 5.86% Added +76.9k +76,898
24 Mariner, LLC 0.33% of their portfolio Overland Park, KS 2,476,5922.5m $138.4m $138.4m 0.33% Added +334.2k +334,204
25 1900 WEALTH MANAGEMENT LLC 12.48% of their portfolio SAN ANTONIO, TX 2,432,6522.4m $136.0m $136.0m 12.48% Added +2.3m +2,303,056
26 Peterson Wealth Advisors, LLC 31.59% of their portfolio Orem, UT 2,379,9992.4m $133.0m $133.0m 31.59% Reduced -57.2k -57,184
27 Austin Private Wealth, LLC 16.73% of their portfolio Austin, TX 2,369,0132.4m $132.4m $132.4m 16.73% Added +379.3k +379,273
28 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 2,220,6662.2m $124.0m $124.0m 0.04% Added +446.7k +446,694
29 TD PRIVATE CLIENT WEALTH LLC 4.48% of their portfolio NEW YORK, NY 2,215,8972.2m $123.9m $123.9m 4.48% Added +2.2m +2,194,207
30 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 2,135,0342.1m $119.3m $119.3m 0.03% Added +166.0k +166,022
31 Advocacy Wealth Management, LLC 10.52% of their portfolio ATLANTA, GA 1,982,7282.0m $110.8m $110.8m 10.52% New
32 TAIYO LIFE INSURANCE CO 8.65% of their portfolio CHUO-KU, TOKYO, M0 1,940,5001.9m $108.5m $108.5m 8.65% Unchanged
33 Cambridge Investment Research Advisors, Inc. 0.46% of their portfolio FAIRFIELD, IA 1,915,4611.9m $107.1m $107.1m 0.46% Reduced -128.1k -128,066
34 CFS Investment Advisory Services, LLC 18.45% of their portfolio TOTOWA, NJ 1,832,6161.8m $102.4m $102.4m 18.45% Added +124.3k +124,282
35 SigFig Wealth Management, LLC 3.75% of their portfolio SAN FRANCISCO, CA 1,765,0621.8m $98.7m $98.7m 3.75% Reduced -598.6k -598,558
36 Integrated Wealth Concepts LLC 1.59% of their portfolio WALTHAM, MA 1,732,3371.7m $96.8m $96.8m 1.59% Reduced -68.8k -68,815
37 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 10.43% of their portfolio Westlake, OH 1,720,4811.7m $96.2m $96.2m 10.43% Added +247.9k +247,940
38 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.27% of their portfolio PLYMOUTH, MN 1,659,0601.7m $92.7m $92.7m 0.27% Reduced -76.0k -76,000
39 AGUR PROVIDENT & TRAINING FUNDS MANAGEMENT LTD 29.97% of their portfolio TEL AVIV, L3 1,621,9941.6m $90.7m $90.7m 29.97% Reduced -340.8k -340,800
40 KWB Wealth 13.01% of their portfolio REDLANDS, CA 1,612,9271.6m $90.2m $90.2m 13.01% Added +345.5k +345,536
41 HighTower Advisors, LLC 0.15% of their portfolio CHICAGO, IL 1,593,3641.6m $89.1m $89.1m 0.15% Added +218.6k +218,569
42 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,542,7111.5m $86.2m $86.2m 0.02% Added +759.6k +759,583
43 Sand Hill Global Advisors, LLC 4.06% of their portfolio Palo Alto, CA 1,510,5701.5m $84.4m $84.4m 4.06% New
44 Brookstone Capital Management 1.64% of their portfolio WHEATON, IL 1,510,5421.5m $84.4m $84.4m 1.64% Reduced -622.1k -622,146
45 Cetera Advisor Networks LLC 0.46% of their portfolio EL SEGUNDO, CA 1,492,9381.5m $83.5m $83.5m 0.46% Added +347.6k +347,557
46 Horst & Graben Wealth Management LLC 18.03% of their portfolio PORTLAND, OR 1,468,3021.5m $82.1m $82.1m 18.03% Added +110.6k +110,590
47 Bridgeworth, LLC 8.12% of their portfolio BIRMINGHAM, AL 1,467,7841.5m $82.0m $82.0m 8.12% Added +8.6k +8,648
48 N.E.W. Advisory Services LLC 9.82% of their portfolio DE PERE, WI 1,453,5561.5m $81.3m $81.3m 9.82% Reduced -22.9k -22,878
49 Stratos Wealth Partners, LTD. 1.49% of their portfolio BEACHWOOD, OH 1,433,1691.4m $80.1m $80.1m 1.49% Added +98.2k +98,226
50 AlphaStar Capital Management, LLC 7.28% of their portfolio CORNELIUS, NC 1,426,0291.4m $79.7m $79.7m 7.28% Added +374.6k +374,568
51 West Wealth Group, LLC 31.18% of their portfolio Irvine, CA 1,414,7091.4m $79.1m $79.1m 31.18% Added +64.3k +64,323
52 OneAscent Financial Services LLC 9.79% of their portfolio BIRMINGHAM, AL 1,411,7041.4m $78.9m $78.9m 9.79% New
53 Global Retirement Partners, LLC 3.22% of their portfolio San Rafael, CA 1,376,6651.4m $76.9m $76.9m 3.22% Added +199.7k +199,731
54 TWO SIGMA INVESTMENTS, LP 0.18% of their portfolio NEW YORK, NY 1,353,1001.4m $75.6m $75.6m 0.18% Added +1.0m +1,024,733
55 MML INVESTORS SERVICES, LLC 0.35% of their portfolio SPRINGFIELD, MA 1,344,8341.3m $75.2m $75.2m 0.35% Added +745.8k +745,750
56 NewEdge Advisors, LLC 0.70% of their portfolio NEW ORLEANS, LA 1,308,0491.3m $74.0m $74.0m 0.70% Added +303.7k +303,708
57 One Wealth Advisors, LLC 13.54% of their portfolio SAN FRANCISCO, CA 1,257,8051.3m $70.3m $70.3m 13.54% Added +99.1k +99,113
58 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,173,2341.2m $65.6m $65.6m 0.02% Added +335.4k +335,380
59 ARMSTRONG ADVISORY GROUP, INC 6.25% of their portfolio NEEDHAM, MA 1,151,5291.2m $64.4m $64.4m 6.25% Added +695.3k +695,310
60 RAYMOND JAMES & ASSOCIATES 0.05% of their portfolio ST PETERSBURG, FL 1,138,7371.1m $63.7m $63.7m 0.05% Added +268.2k +268,157
61 RiverFront Investment Group, LLC 1.98% of their portfolio RICHMOND, VA 1,127,1471.1m $63.0m $63.0m 1.98% New
62 Security Financial Services, INC. 15.37% of their portfolio Fort Wayne, IN 1,121,3461.1m $62.7m $62.7m 15.37% Added +115.6k +115,590
63 GIRARD ADVISORY SERVICES, LLC 6.30% of their portfolio KING OF PRUSSIA, PA 1,111,2801.1m $62.1m $62.1m 6.30% Reduced -11.2k -11,230
64 Compass Ion Advisors, LLC 9.35% of their portfolio CONSHOHOCKEN, PA 1,078,2961.1m $60.3m $60.3m 9.35% Reduced -46.0k -46,026
65 Physician Wealth Advisors, Inc. 13.25% of their portfolio MIDVALE, UT 1,043,7061.0m $59.4m $59.4m 13.25% Added +144.2k +144,202
66 Detalus Advisors, LLC 22.64% of their portfolio ST. LOUIS, MO 1,012,4561.0m $56.6m $56.6m 22.64% Added +67.0k +66,994
67 GREAT VALLEY ADVISOR GROUP, INC. 1.96% of their portfolio WILMINGTON, DE 1,000,5971.0m $55.9m $55.9m 1.96% Added +186.1k +186,070
68 CreativeOne Wealth, LLC 3.55% of their portfolio OVERLAND PARK, KS 992,421992.4k $55.5m $55.5m 3.55% Added +189.2k +189,214
69 Standpoint Asset Management, LLC 16.05% of their portfolio SCOTTSDALE, AZ 978,800978.8k $54.7m $54.7m 16.05% Added +20.3k +20,300
70 Badgley Phelps Wealth Managers, LLC 1.45% of their portfolio SEATTLE, WA 950,608950.6k $53.1m $53.1m 1.45% Added +10.4k +10,370
71 Horizon Wealth Management, LLC 14.42% of their portfolio LA GRANGE, IL 927,686927.7k $51.9m $51.9m 14.42% Added +26.1k +26,069
72 Avidian Wealth Enterprises, LLC 3.21% of their portfolio Houston, TX 919,397919.4k $51.4m $51.4m 3.21% Added +232.9k +232,942
73 IHT Wealth Management, LLC 2.27% of their portfolio Chicago, IL 909,581909.6k $50.8m $50.8m 2.27% Added +4.1k +4,087
74 Kestra Advisory Services, LLC 0.41% of their portfolio AUSTIN, TX 895,848895.8k $50.1m $50.1m 0.41% Added +97.1k +97,095
75 Allen Capital Group, LLC 8.19% of their portfolio GRAND ISLAND, NE 885,612885.6k $49.5m $49.5m 8.19% Added +7.9k +7,855
76 Aptus Capital Advisors, LLC 1.42% of their portfolio FAIRHOPE, AL 858,433858.4k $48.0m $48.0m 1.42% Reduced -220.2k -220,158
77 O'Dell Group, LLC 12.52% of their portfolio CINCINNATI, OH 856,094856.1k $47.9m $47.9m 12.52% Reduced -15.2k -15,247
78 Wealthspire Advisors, LLC 0.66% of their portfolio NEW YORK, NY 834,599834.6k $46.7m $46.7m 0.66% Reduced -20.4k -20,385
79 Brown Financial Advisory 37.95% of their portfolio FAIRHOPE, AL 833,733833.7k $46.6m $46.6m 37.95% Reduced -1.4k -1,408
80 Intrua Financial, LLC 7.09% of their portfolio Houston, TX 812,416812.4k $45.4m $45.4m 7.09% New
81 Keystone Financial Group 7.77% of their portfolio LEXINGTON, KY 799,446799.4k $44.7m $44.7m 7.77% Added +118.2k +118,187
82 Clear Creek Financial Management, LLC 6.84% of their portfolio SILVERDALE, WA 771,107771.1k $43.1m $43.1m 6.84% Added +374.8k +374,763
83 Davidson Capital Management Inc. 15.57% of their portfolio CORPUS CHRISTI, TX 767,049767.0k $42.9m $42.9m 15.57% Added +10.9k +10,938
84 Private Wealth Group, LLC 24.15% of their portfolio Tampa, FL 761,276761.3k $42.6m $42.6m 24.15% Added +206.5k +206,477
85 Auour Investments LLC 16.79% of their portfolio WOBURN, MA 747,088747.1k $42.6m $42.6m 16.79% Added +7.7k +7,748
86 IAG Wealth Partners, LLC 9.36% of their portfolio WAUKESHA, WI 733,939733.9k $41.0m $41.0m 9.36% Added +1.5k +1,528
87 Good Life Advisors, LLC 4.06% of their portfolio READING, PA 733,775733.8k $41.0m $41.0m 4.06% Added +26.8k +26,767
88 COMMONWEALTH EQUITY SERVICES, LLC 0.07% of their portfolio WALTHAM, MA 724,482724.5k $40.5m $40.5m 0.07% Added +181.5k +181,509
89 Dynamic Advisor Solutions LLC 1.49% of their portfolio PHOENIX, AZ 724,440724.4k $39.9m $39.9m 1.49% Added +24.4k +24,397
90 PARK AVENUE SECURITIES LLC 0.55% of their portfolio NEW YORK, NY 706,217706.2k $39.5m $39.5m 0.55% Added +8.8k +8,785
91 Financial Enhancement Group LLC 6.82% of their portfolio ANDERSON, IN 697,160697.2k $38.7m $38.7m 6.82% Reduced -17.0k -17,029
92 Sequoia Financial Advisors, LLC 0.48% of their portfolio Akron, OH 696,880696.9k $39.0m $39.0m 0.48% Added +358.0k +358,038
93 UBS Group AG 0.02% of their portfolio ZURICH, V8 694,665694.7k $38.8m $38.8m 0.02% Added +63.0k +62,965
94 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 690,800690.8k $38.6m $38.6m 0.00% New
95 FOCUS FINANCIAL NETWORK INC /ADV 1.45% of their portfolio Minneapolis, MN 690,604690.6k $38.6m $38.6m 1.45% First filing
96 Priebe Wealth Holdings LLC 31.66% of their portfolio MAPLE GROVE, MN 689,840689.8k $38.6m $38.6m 31.66% First filing
97 CCG WEALTH MANAGEMENT, LLC 25.62% of their portfolio SAN DIEGO, CA 682,684682.7k $38.2m $38.2m 25.62% Reduced -111.5k -111,452
98 Forthright Family Wealth Advisory LLC 29.61% of their portfolio HOUSTON, TX 676,127676.1k $37.8m $37.8m 29.61% First filing
99 DAIDO LIFE INSURANCE CO 4.22% of their portfolio TOKYO, M0 669,441669.4k $37.4m $37.4m 4.22% Unchanged
100 Maia Wealth LLC 14.70% of their portfolio DENVER, CO 651,315651.3k $36.4m $36.4m 14.70% First filing