Vault-13

SPDR SERIES TRUST SPYM

PORTFOLIO S&P500 · ETP · CUSIP 78464A854

976 institutional holders +51 vs Q4 2023
402,870,481402.9m shares reported held*
$24.8bnreported value*
104 new 407 added 348 reduced 47 sold out net bought ≈ $3.2bn (+53.0m 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 ($52.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $61.44. Options: 6 managers hold calls ($14.8m notional), 7 hold puts ($17.4m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 629Q4 22: 697Q1 23: 697Q2 23: 765Q3 23: 784Q4 23: 925Q1 24: 976976Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022629
Q4 2022697
Q1 2023697
Q2 2023765
Q3 2023784
Q4 2023925
Q1 2024976

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 23Q1 24: 511 bought or addedQ1 24: 395 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022353257
Q1 2023356292
Q2 2023410278
Q3 2023431301
Q4 2023514287
Q1 2024511395

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ2 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 0.71Q1 24 calls: $14.8mQ1 24 puts: $17.4mQ1 24P/C 1.18
Numbers
QuarterCallsPutsP/C
Q2 2023$18.1m$23.6m1.31
Q3 2023$14.4m$5.2m0.36
Q4 2023$17.3m$12.3m0.71
Q1 2024$14.8m$17.4m1.18

Biggest buyers

Betterment LLC Added +33,564,737+33.6m
MORGAN STANLEY Added +7,301,538+7.3m
Advance Capital Management, Inc. Added +7,210,793+7.2m
Mizuho Bank, Ltd. New +5,100,000+5.1m
Advocacy Wealth Management, LLC Added +3,341,587+3.3m
LPL Financial LLC Added +2,300,741+2.3m
Cetera Investment Advisers Added +1,730,168+1.7m
Creative Planning Added +1,044,784+1.0m
1900 WEALTH MANAGEMENT LLC Added +958,524+958.5k
SageView Advisory Group, LLC Added +708,260+708.3k

Biggest sellers

AE Wealth Management LLC Reduced -5,143,664-5.1m
JPMORGAN CHASE & CO Reduced -2,674,946-2.7m
Cetera Advisor Networks LLC Sold out -1,492,938-1.5m
Tennessee Valley Asset Management Partners Reduced -1,257,164-1.3m
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -989,995-990.0k
West Wealth Group, LLC Reduced -815,229-815.2k
OneDigital Investment Advisors LLC Reduced -784,576-784.6k
BANK OF AMERICA CORP /DE/ Reduced -682,991-683.0k
Private Advisor Group, LLC Reduced -648,049-648.0k
SigFig Wealth Management, LLC Reduced -503,285-503.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $12.9m210.4k shares
CITADEL ADVISORS LLC Reduced $1.4m22.7k shares
WOLVERINE TRADING, LLC Reduced $301.5k4.9k shares
DCF Advisers, LLC New $153.8k2.5k shares
Cutler Group LLC / CA Reduced $14.0k2.8k shares
HOLLENCREST CAPITAL MANAGEMENT New $6100 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $10.9m177.3k shares
DCF Advisers, LLC Reduced $3.7m60.0k shares
CITADEL ADVISORS LLC Added $2.1m34.7k shares
Pine Valley Investments Ltd Liability Co New $375.3k6.1k shares
WOLVERINE TRADING, LLC Reduced $332.3k5.4k shares
HOLLENCREST CAPITAL MANAGEMENT New $12200 shares
Cutler Group LLC / CA Reduced $02.4k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Betterment LLC 5.55% of their portfolio NEW YORK, NY 33,627,99933.6m $2.1bn $2.1bn 5.55% Added +33.6m +33,564,737
2 LPL Financial LLC 0.98% of their portfolio FORT MILL, SC 29,738,61629.7m $1.8bn $1.8bn 0.98% Added +2.3m +2,300,741
3 Creative Planning 1.88% of their portfolio OVERLAND PARK, KS 27,570,24427.6m $1.7bn $1.7bn 1.88% Added +1.0m +1,044,784
4 JPMORGAN CHASE & CO 0.06% of their portfolio NEW YORK, NY 20,656,56420.7m $1.3bn $1.3bn 0.06% Reduced -2.7m -2,674,946
5 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 19,546,96819.5m $1.2bn $1.2bn 0.03% Added +7.3m +7,301,538
6 Advance Capital Management, Inc. 56.12% of their portfolio SOUTHFIELD, MI 13,167,76613.2m $810.2m $810.2m 56.12% Added +7.2m +7,210,793
7 ENVESTNET ASSET MANAGEMENT INC 0.21% of their portfolio Berwyn, PA 9,048,6369.0m $556.8m $556.8m 0.21% Added +643.5k +643,542
8 OSAIC HOLDINGS, INC. 0.99% of their portfolio SCOTTSDALE, AZ 7,227,5967.2m $444.7m $444.7m 0.99% Reduced -116.4k -116,428
9 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 7,162,8907.2m $440.7m $440.7m 0.04% Reduced -683.0k -682,991
10 OneDigital Investment Advisors LLC 6.89% of their portfolio OVERLAND PARK, KS 7,126,5027.1m $438.5m $438.5m 6.89% Reduced -784.6k -784,576
11 Stadion Money Management, LLC 27.06% of their portfolio WATKINSVILLE, GA 6,778,6676.8m $417.1m $417.1m 27.06% Reduced -496.9k -496,854
12 CWM, LLC 1.95% of their portfolio OMAHA, NE 6,508,8146.5m $400.5m $400.5m 1.95% Added +587.8k +587,774
13 Clark Capital Management Group, Inc. 2.70% of their portfolio PHILADELPHIA, PA 5,883,2345.9m $362.0m $362.0m 2.70% Added +172.1k +172,097
14 Advocacy Wealth Management, LLC 28.16% of their portfolio ATLANTA, GA 5,324,3155.3m $327.6m $327.6m 28.16% Added +3.3m +3,341,587
15 Mizuho Bank, Ltd. 32.45% of their portfolio TOKYO, M0 5,100,0005.1m $313.8m $313.8m 32.45% New
16 Financial Engines Advisors L.L.C. 0.69% of their portfolio SANTA CLARA, CA 4,991,9155.0m $307.2m $307.2m 0.69% Reduced -156.3k -156,259
17 ASSETMARK, INC 0.80% of their portfolio CONCORD, CA 3,997,0754.0m $245.9m $245.9m 0.80% Reduced -249.1k -249,097
18 Gradient Investments LLC 5.16% of their portfolio ARDEN HILLS, MN 3,619,7123.6m $222.7m $222.7m 5.16% Reduced -136.4k -136,417
19 Private Advisor Group, LLC 1.58% of their portfolio MORRISTOWN, NJ 3,562,3143.6m $219.2m $219.2m 1.58% Reduced -648.0k -648,049
20 1900 WEALTH MANAGEMENT LLC 19.02% of their portfolio SAN ANTONIO, TX 3,391,1763.4m $208.7m $208.7m 19.02% Added +958.5k +958,524
21 GM Advisory Group, LLC 14.01% of their portfolio MELVILLE, NY 3,246,3793.2m $199.7m $199.7m 14.01% Added +205.7k +205,689
22 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.18% of their portfolio Toronto, A6 3,162,7003.2m $194.6m $194.6m 0.18% Reduced -990.0k -989,995
23 Wealthcare Advisory Partners LLC 6.20% of their portfolio WEST CHESTER, PA 3,075,0543.1m $189.2m $189.2m 6.20% Added +437.3k +437,306
24 Capital Analysts, LLC 8.47% of their portfolio FORT WASHINGTON, PA 2,947,7002.9m $181.4m $181.4m 8.47% Added +159.2k +159,169
25 Mariner, LLC 0.37% of their portfolio Overland Park, KS 2,877,8002.9m $177.1m $177.1m 0.37% Added +401.2k +401,208
26 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 2,799,0852.8m $172.2m $172.2m 0.05% Added +664.1k +664,051
27 AE Wealth Management LLC 1.85% of their portfolio TOPEKA, KS 2,653,2042.7m $163.3m $163.3m 1.85% Reduced -5.1m -5,143,664
28 TD PRIVATE CLIENT WEALTH LLC 4.98% of their portfolio NEW YORK, NY 2,468,4852.5m $151.9m $151.9m 4.98% Added +252.6k +252,588
29 Peterson Wealth Advisors, LLC 31.30% of their portfolio Orem, UT 2,393,9012.4m $147.3m $147.3m 31.30% Added +13.9k +13,902
30 Raymond James Financial Services Advisors, Inc. 0.21% of their portfolio ST. PETERSBURG, FL 2,294,1842.3m $141.2m $141.2m 0.21% Reduced -436.7k -436,680
31 Cetera Investment Advisers 0.32% of their portfolio SCHAUMBURG, IL 2,223,3892.2m $136.8m $136.8m 0.32% Added +1.7m +1,730,168
32 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 2,202,2352.2m $135.6m $135.6m 0.04% Reduced -18.4k -18,431
33 Cambridge Investment Research Advisors, Inc. 0.48% of their portfolio FAIRFIELD, IA 2,020,4512.0m $124.3m $124.3m 0.48% Added +105.0k +104,990
34 Austin Private Wealth, LLC 14.09% of their portfolio Austin, TX 2,005,1252.0m $122.5m $122.5m 14.09% Reduced -363.9k -363,888
35 Tennessee Valley Asset Management Partners 28.96% of their portfolio KNOXVILLE, TN 1,946,3781.9m $119.8m $119.8m 28.96% Reduced -1.3m -1,257,164
36 TAIYO LIFE INSURANCE CO 9.61% of their portfolio CHUO-KU, TOKYO, M0 1,940,5001.9m $119.4m $119.4m 9.61% Unchanged
37 HighTower Advisors, LLC 0.17% of their portfolio CHICAGO, IL 1,730,5081.7m $106.4m $106.4m 0.17% Added +137.1k +137,144
38 Integrated Wealth Concepts LLC 1.54% of their portfolio WALTHAM, MA 1,729,1491.7m $106.4m $106.4m 1.54% Reduced -3.2k -3,188
39 AGUR PROVIDENT & TRAINING FUNDS MANAGEMENT LTD 30.05% of their portfolio TEL AVIV, L3 1,621,9941.6m $98.7m $98.7m 30.05% Unchanged
40 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.25% of their portfolio PLYMOUTH, MN 1,591,3941.6m $97.9m $97.9m 0.25% Reduced -67.7k -67,666
41 Sand Hill Global Advisors, LLC 4.55% of their portfolio Palo Alto, CA 1,557,1111.6m $95.8m $95.8m 4.55% Added +46.5k +46,541
42 TWO SIGMA INVESTMENTS, LP 0.23% of their portfolio NEW YORK, NY 1,545,3001.5m $95.1m $95.1m 0.23% Added +192.2k +192,200
43 Global Retirement Partners, LLC 3.46% of their portfolio San Rafael, CA 1,509,9751.5m $92.9m $92.9m 3.46% Added +133.3k +133,310
44 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,495,3531.5m $92.0m $92.0m 0.02% Reduced -47.4k -47,358
45 AlphaStar Capital Management, LLC 9.16% of their portfolio CORNELIUS, NC 1,450,9041.5m $89.3m $89.3m 9.16% Added +24.9k +24,875
46 Stratos Wealth Partners, LTD. 1.46% of their portfolio BEACHWOOD, OH 1,429,9381.4m $88.0m $88.0m 1.46% Reduced -3.2k -3,231
47 N.E.W. Advisory Services LLC 9.70% of their portfolio DE PERE, WI 1,420,5181.4m $87.4m $87.4m 9.70% Reduced -33.0k -33,038
48 Brookstone Capital Management 1.54% of their portfolio WHEATON, IL 1,397,6231.4m $86.0m $86.0m 1.54% Reduced -112.9k -112,919
49 CFS Investment Advisory Services, LLC 14.33% of their portfolio TOTOWA, NJ 1,385,5141.4m $85.3m $85.3m 14.33% Reduced -447.1k -447,102
50 KWB Wealth 11.37% of their portfolio REDLANDS, CA 1,373,5771.4m $84.5m $84.5m 11.37% Reduced -239.3k -239,350
51 NewEdge Advisors, LLC 0.72% of their portfolio NEW ORLEANS, LA 1,346,7581.3m $82.9m $82.9m 0.72% Added +38.7k +38,709
52 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 9.64% of their portfolio Westlake, OH 1,323,4341.3m $81.4m $81.4m 9.64% Reduced -397.0k -397,047
53 MML INVESTORS SERVICES, LLC 0.34% of their portfolio SPRINGFIELD, MA 1,323,2881.3m $81.4m $81.4m 0.34% Reduced -21.5k -21,546
54 Good Life Advisors, LLC 7.04% of their portfolio READING, PA 1,288,5791.3m $79.3m $79.3m 7.04% Added +554.8k +554,804
55 OneAscent Financial Services LLC 8.65% of their portfolio BIRMINGHAM, AL 1,272,4841.3m $78.3m $78.3m 8.65% Reduced -139.2k -139,220
56 SigFig Wealth Management, LLC 2.85% of their portfolio SAN FRANCISCO, CA 1,261,7771.3m $77.6m $77.6m 2.85% Reduced -503.3k -503,285
57 GIRARD ADVISORY SERVICES, LLC 6.92% of their portfolio KING OF PRUSSIA, PA 1,194,0241.2m $73.5m $73.5m 6.92% Added +82.7k +82,744
58 RiverFront Investment Group, LLC 2.00% of their portfolio RICHMOND, VA 1,155,0361.2m $71.1m $71.1m 2.00% Added +27.9k +27,889
59 ARMSTRONG ADVISORY GROUP, INC 6.25% of their portfolio NEEDHAM, MA 1,151,5291.2m $64.4m $64.4m 6.25% Unchanged
60 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,150,7001.2m $70.8m $70.8m 0.00% Added +459.9k +459,900
61 Horst & Graben Wealth Management LLC 14.27% of their portfolio PORTLAND, OR 1,139,2371.1m $70.1m $70.1m 14.27% Reduced -329.1k -329,065
62 GREAT VALLEY ADVISOR GROUP, INC. 2.01% of their portfolio WILMINGTON, DE 1,076,1261.1m $66.2m $66.2m 2.01% Added +75.5k +75,529
63 Security Financial Services, INC. 14.93% of their portfolio Fort Wayne, IN 1,075,4771.1m $66.2m $66.2m 14.93% Reduced -45.9k -45,869
64 Compass Ion Advisors, LLC 9.33% of their portfolio CONSHOHOCKEN, PA 1,054,5141.1m $64.9m $64.9m 9.33% Reduced -23.8k -23,782
65 RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio ST PETERSBURG, FL 1,051,8011.1m $64.7m $64.7m 0.04% Reduced -86.9k -86,936
66 Avidian Wealth Enterprises, LLC 3.45% of their portfolio Houston, TX 1,047,7861.0m $64.5m $64.5m 3.45% Added +128.4k +128,389
67 One Wealth Advisors, LLC 10.98% of their portfolio SAN FRANCISCO, CA 1,025,6771.0m $63.1m $63.1m 10.98% Reduced -232.1k -232,128
68 Standpoint Asset Management, LLC 16.23% of their portfolio SCOTTSDALE, AZ 1,012,5001.0m $62.3m $62.3m 16.23% Added +33.7k +33,700
69 Aptus Capital Advisors, LLC 1.34% of their portfolio FAIRHOPE, AL 1,011,5481.0m $62.2m $62.2m 1.34% Added +153.1k +153,115
70 Horizon Wealth Management, LLC 15.93% of their portfolio LA GRANGE, IL 992,354992.4k $61.1m $61.1m 15.93% Added +64.7k +64,668
71 Detalus Advisors, LLC 21.66% of their portfolio ST. LOUIS, MO 987,657987.7k $60.8m $60.8m 21.66% Reduced -24.8k -24,799
72 Badgley Phelps Wealth Managers, LLC 1.51% of their portfolio SEATTLE, WA 980,077980.1k $60.3m $60.3m 1.51% Added +29.5k +29,469
73 Intrua Financial, LLC 8.91% of their portfolio Houston, TX 931,608931.6k $57.3m $57.3m 8.91% Added +119.2k +119,192
74 Kestra Advisory Services, LLC 0.38% of their portfolio AUSTIN, TX 929,169929.2k $57.2m $57.2m 0.38% Added +33.3k +33,321
75 CreativeOne Wealth, LLC 2.26% of their portfolio OVERLAND PARK, KS 923,036923.0k $56.8m $56.8m 2.26% Reduced -69.4k -69,385
76 Allen Capital Group, LLC 8.20% of their portfolio GRAND ISLAND, NE 917,934917.9k $56.5m $56.5m 8.20% Added +32.3k +32,322
77 New Perspectives, Inc 30.10% of their portfolio TOUGALOO, MS 883,458883.5k $54.4m $54.4m 30.10% First filing
78 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 880,771880.8k $54.2m $54.2m 0.01% Reduced -292.5k -292,463
79 Physician Wealth Advisors, Inc. 10.66% of their portfolio MIDVALE, UT 855,793855.8k $50.7m $50.7m 10.66% Reduced -187.9k -187,913
80 O'Dell Group, LLC 12.72% of their portfolio CINCINNATI, OH 843,503843.5k $51.9m $51.9m 12.72% Reduced -12.6k -12,591
81 Brown Financial Advisory 40.09% of their portfolio FAIRHOPE, AL 838,510838.5k $51.6m $51.6m 40.09% Added +4.8k +4,777
82 IHT Wealth Management, LLC 2.04% of their portfolio Chicago, IL 826,732826.7k $50.9m $50.9m 2.04% Reduced -82.8k -82,849
83 Wealthspire Advisors, LLC 0.67% of their portfolio NEW YORK, NY 813,255813.3k $50.0m $50.0m 0.67% Reduced -21.3k -21,344
84 COMMONWEALTH EQUITY SERVICES, LLC 0.08% of their portfolio WALTHAM, MA 805,203805.2k $49.5m $49.5m 0.08% Added +80.7k +80,721
85 Private Wealth Group, LLC 24.77% of their portfolio Tampa, FL 776,750776.8k $47.8m $47.8m 24.77% Added +15.5k +15,474
86 Davidson Capital Management Inc. 15.30% of their portfolio CORPUS CHRISTI, TX 772,513772.5k $47.5m $47.5m 15.30% Added +5.5k +5,464
87 Auour Investments LLC 17.18% of their portfolio WOBURN, MA 756,511756.5k $46.5m $46.5m 17.18% Added +9.4k +9,423
88 UBS Group AG 0.02% of their portfolio ZURICH, V8 748,108748.1k $46.0m $46.0m 0.02% Added +53.4k +53,443
89 IAG Wealth Partners, LLC 9.75% of their portfolio WAUKESHA, WI 738,057738.1k $45.4m $45.4m 9.75% Added +4.1k +4,118
90 SageView Advisory Group, LLC 0.87% of their portfolio Newport Beach, CA 734,247734.2k $17.2m $17.2m 0.87% Added +708.3k +708,260
91 PARK AVENUE SECURITIES LLC 0.57% of their portfolio NEW YORK, NY 718,958719.0k $44.2m $44.2m 0.57% Added +12.7k +12,741
92 Dynamic Advisor Solutions LLC 1.49% of their portfolio PHOENIX, AZ 716,118716.1k $44.1m $44.1m 1.49% Reduced -8.3k -8,322
93 Forthright Family Wealth Advisory LLC 29.24% of their portfolio HOUSTON, TX 708,568708.6k $43.6m $43.6m 29.24% Added +32.4k +32,441
94 Priebe Wealth Holdings LLC 33.94% of their portfolio MAPLE GROVE, MN 707,586707.6k $43.5m $43.5m 33.94% Added +17.7k +17,746
95 Financial Enhancement Group LLC 6.98% of their portfolio ANDERSON, IN 707,399707.4k $42.5m $42.5m 6.98% Added +10.2k +10,239
96 DENVER WEALTH MANAGEMENT, INC. 22.20% of their portfolio DENVER, CO 706,834706.8k $43.5m $43.5m 22.20% Added +260.7k +260,679
97 Clear Creek Financial Management, LLC 5.37% of their portfolio SILVERDALE, WA 681,913681.9k $42.0m $42.0m 5.37% Reduced -89.2k -89,194
98 CCG WEALTH MANAGEMENT, LLC 24.84% of their portfolio SAN DIEGO, CA 670,043670.0k $41.2m $41.2m 24.84% Reduced -12.6k -12,641
99 DAIDO LIFE INSURANCE CO 4.35% of their portfolio TOKYO, M0 669,441669.4k $41.2m $41.2m 4.35% Unchanged
100 Snowden Capital Advisors LLC 1.25% of their portfolio New York, NY 647,894647.9k $39.9m $39.9m 1.25% Added +12.5k +12,462