Vault-13

SPDR SERIES TRUST SPYM

PORTFOLIO S&P500 · ETP · CUSIP 78464A854

1,295 institutional holders +38 vs Q4 2024
621,097,259621.1m shares reported held*
$40.8bnreported value*
117 new 599 added 426 reduced 72 sold out net bought ≈ $5.8bn (+88.1m 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 ($131.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $65.75. Options: 8 managers hold calls ($56.8m notional), 5 hold puts ($56.6m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 629Q4 22: 697Q1 23: 697Q2 23: 765Q3 23: 784Q4 23: 925Q1 24: 976Q2 24: 1,058Q3 24: 1,098Q4 24: 1,257Q1 25: 1,2951,295Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022629
Q4 2022697
Q1 2023697
Q2 2023765
Q3 2023784
Q4 2023925
Q1 2024976
Q2 20241,058
Q3 20241,098
Q4 20241,257
Q1 20251,295

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 23: 410 bought or addedQ2 23: 278 cut or sold outQ3 23: 431 bought or addedQ3 23: 301 cut or sold outQ3 23Q4 23: 514 bought or addedQ4 23: 287 cut or sold outQ1 24: 511 bought or addedQ1 24: 395 cut or sold outQ1 24Q2 24: 576 bought or addedQ2 24: 391 cut or sold outQ3 24: 565 bought or addedQ3 24: 462 cut or sold outQ3 24Q4 24: 663 bought or addedQ4 24: 423 cut or sold outQ1 25: 716 bought or addedQ1 25: 498 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023410278
Q3 2023431301
Q4 2023514287
Q1 2024511395
Q2 2024576391
Q3 2024565462
Q4 2024663423
Q1 2025716498

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ2 24 calls: $10.7mQ2 24 puts: $9.7mQ2 24P/C 0.91Q3 24 calls: $17.3mQ3 24 puts: $11.4mQ3 24P/C 0.66Q4 24 calls: $21.7mQ4 24 puts: $51.2mQ4 24P/C 2.36Q1 25 calls: $56.8mQ1 25 puts: $56.6mQ1 25P/C 1.00
Numbers
QuarterCallsPutsP/C
Q2 2024$10.7m$9.7m0.91
Q3 2024$17.3m$11.4m0.66
Q4 2024$21.7m$51.2m2.36
Q1 2025$56.8m$56.6m1.00

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +24,332,182+24.3m
USS Investment Management Ltd New +21,200,000+21.2m
JONES FINANCIAL COMPANIES LLLP Added +15,489,573+15.5m
Betterment LLC Added +11,988,520+12.0m
Allianz Asset Management GmbH Added +3,577,176+3.6m
LPL Financial LLC Added +2,643,842+2.6m
Endurance Services Ltd Added +2,622,685+2.6m
SCS Capital Management LLC New +2,544,362+2.5m
NATIXIS ADVISORS, LLC Added +1,795,270+1.8m
Mizuho Bank, Ltd. New +1,400,000+1.4m

Biggest sellers

SUMITOMO LIFE INSURANCE CO Sold out -9,052,600-9.1m
Independent Advisor Alliance Reduced -2,947,578-2.9m
Advance Capital Management, Inc. Reduced -1,986,458-2.0m
OSAIC HOLDINGS, INC. Reduced -1,515,079-1.5m
Gradient Investments LLC Reduced -1,308,021-1.3m
JPMORGAN CHASE & CO Reduced -782,852-782.9k
ASSETMARK, INC Reduced -625,233-625.2k
Davidson Capital Management Inc. Reduced -588,704-588.7k
TWO SIGMA INVESTMENTS, LP Reduced -558,900-558.9k
Focus Partners Wealth Reduced -445,480-445.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $18.6m282.9k shares
ROYAL BANK OF CANADA New $16.8m255.5k shares
CITADEL ADVISORS LLC Added $16.7m253.8k shares
JANE STREET GROUP, LLC Added $3.7m55.7k shares
EXCHANGE TRADED CONCEPTS, LLC Added $512.9k7.8k shares
WOLVERINE TRADING, LLC New $326.9k5.0k shares
OLD MISSION CAPITAL LLC Reduced $233.1k75.2k shares
HOLLENCREST CAPITAL MANAGEMENT New $6.6k100 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $23.3m353.7k shares
ROYAL BANK OF CANADA New $16.8m255.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $13.9m211.6k shares
JANE STREET GROUP, LLC Added $2.5m38.3k shares
EVERGREEN CAPITAL MANAGEMENT LLC New $65.8k1.0k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Betterment LLC 10.12% of their portfolio NEW YORK, NY 64,900,90464.9m $4.3bn $4.3bn 10.12% Added +12.0m +11,988,520
2 LPL Financial LLC 1.07% of their portfolio FORT MILL, SC 41,960,69142.0m $2.8bn $2.8bn 1.07% Added +2.6m +2,643,842
3 BANK OF AMERICA CORP /DE/ 0.18% of their portfolio CHARLOTTE, NC 31,512,02231.5m $2.1bn $2.1bn 0.18% Added +24.3m +24,332,182
4 JONES FINANCIAL COMPANIES LLLP 1.82% of their portfolio DES PERES, MO 31,074,01031.1m $2.0bn $2.0bn 1.82% Added +15.5m +15,489,573
5 Creative Planning 1.91% of their portfolio OVERLAND PARK, KS 30,820,37330.8m $2.0bn $2.0bn 1.91% Added +407.4k +407,352
6 USS Investment Management Ltd 10.58% of their portfolio London, X0 21,200,00021.2m $1.4bn $1.4bn 10.58% New
7 Invesco Ltd. 0.20% of their portfolio ATLANTA, GA 16,237,93116.2m $1.1bn $1.1bn 0.20% Added +774.0k +773,953
8 ENVESTNET ASSET MANAGEMENT INC 0.30% of their portfolio Berwyn, PA 14,260,40414.3m $937.8m $937.8m 0.30% Added +1.3m +1,335,809
9 Allianz Asset Management GmbH 1.24% of their portfolio MUNICH, 2M 12,846,19812.8m $844.8m $844.8m 1.24% Added +3.6m +3,577,176
10 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 11,248,55911.2m $739.7m $739.7m 0.05% Added +1.4m +1,399,525
11 Advance Capital Management, Inc. 32.21% of their portfolio SOUTHFIELD, MI 10,239,96310.2m $673.4m $673.4m 32.21% Reduced -2.0m -1,986,458
12 National Mutual Insurance Federation of Agricultural Cooperatives 5.29% of their portfolio TOKYO, JAPAN, M0 8,953,0009.0m $588.7m $588.7m 5.29% Unchanged
13 JPMORGAN CHASE & CO 0.04% of their portfolio NEW YORK, NY 8,644,0758.6m $568.4m $568.4m 0.04% Reduced -782.9k -782,852
14 CWM, LLC 2.23% of their portfolio OMAHA, NE 8,484,2258.5m $557.9m $557.9m 2.23% Added +613.2k +613,217
15 OSAIC HOLDINGS, INC. 1.18% of their portfolio SCOTTSDALE, AZ 8,036,5308.0m $528.5m $528.5m 1.18% Reduced -1.5m -1,515,079
16 Clark Capital Management Group, Inc. 3.47% of their portfolio PHILADELPHIA, PA 7,350,4317.4m $483.4m $483.4m 3.47% Added +234.3k +234,302
17 OneDigital Investment Advisors LLC 5.58% of their portfolio OVERLAND PARK, KS 7,167,9867.2m $471.4m $471.4m 5.58% Reduced -403.6k -403,593
18 1900 WEALTH MANAGEMENT LLC 28.03% of their portfolio SAN ANTONIO, TX 5,125,8485.1m $337.1m $337.1m 28.03% Added +421.7k +421,721
19 Financial Engines Advisors L.L.C. 0.70% of their portfolio SANTA CLARA, CA 4,977,9095.0m $327.3m $327.3m 0.70% Reduced -36.5k -36,483
20 NATIXIS ADVISORS, LLC 0.60% of their portfolio Boston, MA 4,975,1105.0m $327.2m $327.2m 0.60% Added +1.8m +1,795,270
21 AMERIPRISE FINANCIAL INC 0.08% of their portfolio MINNEAPOLIS, MN 4,598,2684.6m $301.8m $301.8m 0.08% Reduced -100.2k -100,213
22 GOLDMAN SACHS GROUP INC 0.06% of their portfolio NEW YORK, NY 4,487,7624.5m $295.1m $295.1m 0.06% Added +133.1k +133,141
23 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.28% of their portfolio Toronto, A6 4,419,3474.4m $290.6m $290.6m 0.28% Reduced -200.6k -200,564
24 Stadion Money Management, LLC 28.52% of their portfolio WATKINSVILLE, GA 4,352,0054.4m $286.2m $286.2m 28.52% Reduced -154.7k -154,654
25 Private Advisor Group, LLC 1.68% of their portfolio MORRISTOWN, NJ 4,222,4044.2m $277.7m $277.7m 1.68% Added +163.5k +163,488
26 GM Advisory Group, LLC 14.86% of their portfolio MELVILLE, NY 4,183,6424.2m $275.1m $275.1m 14.86% Added +143.5k +143,502
27 TD PRIVATE CLIENT WEALTH LLC 7.29% of their portfolio NEW YORK, NY 4,023,3174.0m $264.6m $264.6m 7.29% Added +409.4k +409,405
28 HighTower Advisors, LLC 0.35% of their portfolio CHICAGO, IL 3,933,0703.9m $258.6m $258.6m 0.35% Added +428.4k +428,412
29 Advocacy Wealth Management, LLC 17.61% of their portfolio ATLANTA, GA 3,932,0923.9m $258.6m $258.6m 17.61% Reduced -362.6k -362,593
30 Wealthcare Advisory Partners LLC 6.64% of their portfolio WEST CHESTER, PA 3,763,0623.8m $247.5m $247.5m 6.64% Added +158.0k +158,042
31 Capital Analysts, LLC 9.06% of their portfolio FORT WASHINGTON, PA 3,692,7153.7m $242.8m $242.8m 9.06% Added +152.1k +152,143
32 RAYMOND JAMES FINANCIAL INC 0.09% of their portfolio ST. PETERSBURG, FL 3,666,8843.7m $241.1m $241.1m 0.09% Reduced -247.3k -247,277
33 Gradient Investments LLC 4.57% of their portfolio ARDEN HILLS, MN 3,447,3043.4m $226.7m $226.7m 4.57% Reduced -1.3m -1,308,021
34 Norinchukin Bank, The 4.12% of their portfolio TOKYO, M0 3,410,2703.4m $224.3m $224.3m 4.12% Added +1.3m +1,333,480
35 NorthRock Partners, LLC 7.50% of their portfolio MINNEAPOLIS, MN 3,395,6053.4m $223.3m $223.3m 7.50% Added +176.3k +176,332
36 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 3,334,2943.3m $219.3m $219.3m 0.05% Added +617.5k +617,479
37 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.16% of their portfolio MILWAUKEE, WI 2,975,2873.0m $195.7m $195.7m 0.16% Added +770.8k +770,820
38 TWO SIGMA INVESTMENTS, LP 0.41% of their portfolio NEW YORK, NY 2,878,7002.9m $189.3m $189.3m 0.41% Reduced -558.9k -558,900
39 Endurance Services Ltd 34.50% of their portfolio PURCHASE, NY 2,831,3852.8m $186.2m $186.2m 34.50% Added +2.6m +2,622,685
40 Cetera Investment Advisers 0.36% of their portfolio SCHAUMBURG, IL 2,819,7162.8m $185.4m $185.4m 0.36% Added +155.0k +154,983
41 SCS Capital Management LLC 2.13% of their portfolio BOSTON, MA 2,544,3622.5m $167.3m $167.3m 2.13% New
42 ASSETMARK, INC 0.46% of their portfolio CONCORD, CA 2,529,6362.5m $166.3m $166.3m 0.46% Reduced -625.2k -625,233
43 Peterson Wealth Advisors, LLC 25.81% of their portfolio Orem, UT 2,251,6342.3m $133.6m $133.6m 25.81% Reduced -115.3k -115,330
44 Mariner, LLC 0.24% of their portfolio Overland Park, KS 2,226,7412.2m $146.4m $146.4m 0.24% Reduced -141.9k -141,920
45 AE Wealth Management LLC 1.14% of their portfolio TOPEKA, KS 2,066,7092.1m $135.9m $135.9m 1.14% Reduced -277.1k -277,111
46 SPINNAKER TRUST 8.59% of their portfolio PORTLAND, ME 2,001,6172.0m $131.6m $131.6m 8.59% Added +195.2k +195,203
47 NewEdge Advisors, LLC 0.78% of their portfolio NEW ORLEANS, LA 1,990,9112.0m $130.9m $130.9m 0.78% Reduced -108.9k -108,930
48 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.25% of their portfolio PLYMOUTH, MN 1,951,2912.0m $128.3m $128.3m 0.25% Added +187.6k +187,585
49 Tennessee Valley Asset Management Partners 20.56% of their portfolio KNOXVILLE, TN 1,916,8461.9m $126.1m $126.1m 20.56% Added +28.1k +28,124
50 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,858,5681.9m $122.2m $122.2m 0.03% Added +274.3k +274,324
51 Austin Private Wealth, LLC 10.71% of their portfolio Austin, TX 1,812,6821.8m $119.2m $119.2m 10.71% Reduced -30.9k -30,869
52 Ascent Group, LLC 5.06% of their portfolio VIRGINIA BEACH, VA 1,792,8981.8m $117.9m $117.9m 5.06% Added +1.1m +1,114,127
53 UNIVEST FINANCIAL Corp 7.66% of their portfolio SOUDERTON, PA 1,783,9601.8m $117.3m $117.3m 7.66% Added +207.5k +207,515
54 Cambridge Investment Research Advisors, Inc. 0.38% of their portfolio FAIRFIELD, IA 1,729,9561.7m $113.8m $113.8m 0.38% Reduced -68.7k -68,697
55 Sand Hill Global Advisors, LLC 4.63% of their portfolio Palo Alto, CA 1,709,6851.7m $112.4m $112.4m 4.63% Added +46.0k +46,004
56 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,582,0341.6m $104.0m $104.0m 0.00% Added +357.2k +357,210
57 MML INVESTORS SERVICES, LLC 0.34% of their portfolio SPRINGFIELD, MA 1,571,3081.6m $103.3m $103.3m 0.34% Reduced -8.7k -8,707
58 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 8.07% of their portfolio Westlake, OH 1,547,8101.5m $102.1m $102.1m 8.07% Added +132.7k +132,692
59 Good Life Advisors, LLC 6.96% of their portfolio READING, PA 1,501,6031.5m $98.7m $98.7m 6.96% Reduced -76.7k -76,720
60 Mizuho Bank, Ltd. 20.79% of their portfolio TOKYO, M0 1,400,0001.4m $92.1m $92.1m 20.79% New
61 Aptus Capital Advisors, LLC 1.03% of their portfolio FAIRHOPE, AL 1,385,2811.4m $91.1m $91.1m 1.03% Reduced -210.4k -210,372
62 Mirae Asset Global Investments Co., Ltd. 0.37% of their portfolio SEOUL, M5 1,384,3181.4m $90.5m $90.5m 0.37% Added +408.2k +408,151
63 Standpoint Asset Management, LLC 16.60% of their portfolio SCOTTSDALE, AZ 1,370,0001.4m $90.1m $90.1m 16.60% Added +90.8k +90,800
64 KWB Wealth 11.35% of their portfolio REDLANDS, CA 1,364,6011.4m $94.1m $94.1m 11.35% Added +35.0k +34,965
65 INTEGRITY ALLIANCE, LLC. 3.49% of their portfolio Urbandale, IA 1,342,5871.3m $88.3m $88.3m 3.49% Added +495.8k +495,814
66 GREAT VALLEY ADVISOR GROUP, INC. 1.83% of their portfolio WILMINGTON, DE 1,293,7471.3m $85.1m $85.1m 1.83% Added +417.1k +417,132
67 49 WEALTH MANAGEMENT, LLC 10.19% of their portfolio AUSTIN, TX 1,286,5211.3m $84.6m $84.6m 10.19% Added +264.0k +264,020
68 First Command Advisory Services, Inc. 0.81% of their portfolio FORT WORTH, TX 1,281,5871.3m $84.3m $84.3m 0.81% Added +356.5k +356,529
69 RiverFront Investment Group, LLC 1.82% of their portfolio RICHMOND, VA 1,245,5321.2m $81.9m $81.9m 1.82% Added +26.2k +26,231
70 TAIYO LIFE INSURANCE CO 7.28% of their portfolio CHUO-KU, TOKYO, M0 1,235,5001.2m $81.2m $81.2m 7.28% Unchanged
71 World Investment Advisors 2.10% of their portfolio LINCROFT, NJ 1,230,0691.2m $80.9m $80.9m 2.10% Added +983.6k +983,642
72 AlphaStar Capital Management, LLC 8.01% of their portfolio CORNELIUS, NC 1,209,7761.2m $79.6m $79.6m 8.01% Reduced -154.7k -154,692
73 COMMONWEALTH EQUITY SERVICES, LLC 0.11% of their portfolio WALTHAM, MA 1,159,4971.2m $76.2m $76.2m 0.11% Added +111.1k +111,085
74 Compass Ion Advisors, LLC 8.93% of their portfolio CONSHOHOCKEN, PA 1,153,2711.2m $75.8m $75.8m 8.93% Added +50.5k +50,482
75 Kestra Advisory Services, LLC 0.36% of their portfolio AUSTIN, TX 1,135,1971.1m $74.7m $74.7m 0.36% Added +124.1k +124,135
76 AGUR PROVIDENT & TRAINING FUNDS MANAGEMENT LTD 29.69% of their portfolio TEL AVIV, L3 1,128,1941.1m $74.2m $74.2m 29.69% Unchanged
77 Integrated Wealth Concepts LLC 0.86% of their portfolio WALTHAM, MA 1,123,3351.1m $73.9m $73.9m 0.86% Reduced -395.5k -395,514
78 Stratos Wealth Partners, LTD. 1.10% of their portfolio BEACHWOOD, OH 1,099,5241.1m $72.3m $72.3m 1.10% Reduced -10.7k -10,727
79 OneAscent Financial Services LLC 4.67% of their portfolio BIRMINGHAM, AL 1,085,1391.1m $71.6m $71.6m 4.67% Added +14.0k +14,013
80 N.E.W. Advisory Services LLC 5.34% of their portfolio DE PERE, WI 1,060,1741.1m $69.7m $69.7m 5.34% Added +79.9k +79,930
81 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,046,6131.0m $68.8m $68.8m 0.02% Reduced -141.7k -141,729
82 Intrua Financial, LLC 10.63% of their portfolio Houston, TX 1,032,9231.0m $67.9m $67.9m 10.63% Added +39.8k +39,821
83 ARMSTRONG ADVISORY GROUP, INC 5.50% of their portfolio NEEDHAM, MA 998,848998.8k $68.9m $68.9m 5.50% Unchanged
84 CFS Investment Advisory Services, LLC 5.79% of their portfolio TOTOWA, NJ 989,920989.9k $65.1m $65.1m 5.79% Reduced -105.3k -105,286
85 Avidian Wealth Enterprises, LLC 2.89% of their portfolio Houston, TX 985,796985.8k $64.8m $64.8m 2.89% Added +145.6k +145,555
86 Crews Bank & Trust 11.03% of their portfolio PORT CHARLOTTE, FL 983,573983.6k $64.7m $64.7m 11.03% Added +14.6k +14,563
87 Brown Financial Advisory 39.95% of their portfolio FAIRHOPE, AL 963,502963.5k $63.4m $63.4m 39.95% Added +52.4k +52,414
88 Vertex Planning Partners, LLC 13.40% of their portfolio DOWNERS GROVE, IL 933,352933.4k $61.4m $61.4m 13.40% Added +19.6k +19,570
89 VestGen Advisors, LLC 2.76% of their portfolio CHICAGO, IL 922,932922.9k $60.7m $60.7m 2.76% First filing
90 Allen Capital Group, LLC 6.94% of their portfolio GRAND ISLAND, NE 920,334920.3k $60.5m $60.5m 6.94% Reduced -10.0k -10,024
91 Sterling Group Wealth Management, LLC 32.41% of their portfolio PASADENA, CA 919,083919.1k $60.4m $60.4m 32.41% Added +18.9k +18,861
92 RETIREMENT INCOME SOLUTIONS, INC 12.42% of their portfolio ANN ARBOR, MI 902,832902.8k $59.4m $59.4m 12.42% Added +453.8k +453,791
93 O'Brien Wealth Partners LLC 10.75% of their portfolio Waltham, MA 877,803877.8k $57.7m $57.7m 10.75% Added +17.5k +17,461
94 IMC-Chicago, LLC 2.23% of their portfolio CHICAGO, IL 875,913875.9k $57.6m $57.6m 2.23% New
95 Lifelong Wealth Advisors, Inc. 26.97% of their portfolio Arden Hills, MN 874,455874.5k $57.5m $57.5m 26.97% Reduced -6.2k -6,159
96 Detalus Advisors, LLC 18.01% of their portfolio ST. LOUIS, MO 872,142872.1k $57.4m $57.4m 18.01% Reduced -25.6k -25,595
97 O'Dell Group, LLC 14.77% of their portfolio CINCINNATI, OH 866,603866.6k $57.0m $57.0m 14.77% Reduced -2.1k -2,107
98 PARK AVENUE SECURITIES LLC 0.69% of their portfolio NEW YORK, NY 852,655852.7k $56.1m $56.1m 0.69% Added +46.2k +46,195
99 Wealthspire Advisors, LLC 0.33% of their portfolio NEW YORK, NY 838,210838.2k $55.1m $55.1m 0.33% Reduced -25.5k -25,523
100 Clear Creek Financial Management, LLC 5.69% of their portfolio SILVERDALE, WA 834,875834.9k $54.9m $54.9m 5.69% Added +229.1k +229,101