Vault-13

SPDR SERIES TRUST SPYM

PORTFOLIO S&P500 · ETP · CUSIP 78464A854

1,609 institutional holders +14 vs Q4 2025
1,113,979,1111.1bn shares reported held*
$84.9bnreported value*
111 new 825 added 462 reduced 98 sold out net bought ≈ $20.6bn (+268.9m 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 ($223.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $76.26. Options: 6 managers hold calls ($72.3m notional), 6 hold puts ($114.9m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 629Q4 22: 697Q1 23: 697Q2 23: 765Q3 23: 784Q4 23: 925Q1 24: 976Q2 24: 1,058Q3 24: 1,098Q4 24: 1,257Q1 25: 1,295Q2 25: 1,375Q3 25: 1,429Q4 25: 1,595Q1 26: 1,6091,609Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q2 20251,375
Q3 20251,429
Q4 20251,595
Q1 20261,609

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 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 25Q2 25: 747 bought or addedQ2 25: 502 cut or sold outQ3 25: 801 bought or addedQ3 25: 501 cut or sold outQ3 25Q4 25: 849 bought or addedQ4 25: 525 cut or sold outQ1 26: 936 bought or addedQ1 26: 560 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024576391
Q3 2024565462
Q4 2024663423
Q1 2025716498
Q2 2025747502
Q3 2025801501
Q4 2025849525
Q1 2026936560

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ2 25 calls: $115.0mQ2 25 puts: $89.9mQ2 25P/C 0.78Q3 25 calls: $73.0mQ3 25 puts: $118.9mQ3 25P/C 1.63Q4 25 calls: $79.0mQ4 25 puts: $157.8mQ4 25P/C 2.00Q1 26 calls: $72.3mQ1 26 puts: $114.9mQ1 26P/C 1.59
Numbers
QuarterCallsPutsP/C
Q2 2025$115.0m$89.9m0.78
Q3 2025$73.0m$118.9m1.63
Q4 2025$79.0m$157.8m2.00
Q1 2026$72.3m$114.9m1.59

Biggest buyers

JPMORGAN CHASE & CO Added +60,724,409+60.7m
JONES FINANCIAL COMPANIES LLLP Added +53,107,838+53.1m
MARSHALL WACE, LLP New +49,650,246+49.7m
MILLENNIUM MANAGEMENT LLC New +21,566,182+21.6m
Allianz Asset Management GmbH Added +14,769,841+14.8m
Kedalion Capital Management LLP Added +14,039,000+14.0m
MKP Capital Management, L.L.C. New +13,671,700+13.7m
Betterment LLC Added +8,041,014+8.0m
OSSIAM New +7,619,932+7.6m
LPL Financial LLC Added +7,149,483+7.1m

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -17,674,966-17.7m
MORGAN STANLEY Reduced -13,605,842-13.6m
Mizuho Bank, Ltd. Sold out -3,170,000-3.2m
NATIXIS Reduced -3,109,932-3.1m
ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP Sold out -2,102,500-2.1m
Advance Capital Management, Inc. Reduced -925,712-925.7k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -825,205-825.2k
Stone House Investment Management, LLC Reduced -797,565-797.6k
Americana Partners, LLC Reduced -687,625-687.6k
49 WEALTH MANAGEMENT, LLC Reduced -588,529-588.5k

Biggest calls

BARCLAYS PLC Added $27.0m352.3k shares
CITADEL ADVISORS LLC Added $21.9m286.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $14.3m186.4k shares
JANE STREET GROUP, LLC Reduced $8.9m116.0k shares
OLD MISSION CAPITAL LLC Reduced $139.5k35.6k shares
EXCHANGE TRADED CONCEPTS, LLC Reduced $130.1k1.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $36.8m481.2k shares
BARCLAYS PLC Added $27.0m352.3k shares
CITADEL ADVISORS LLC Added $23.4m306.2k shares
GOLDMAN SACHS GROUP INC Reduced $14.5m189.4k shares
JANE STREET GROUP, LLC Reduced $13.2m172.4k shares
Cetera Investment Advisers Unchanged $560100 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JONES FINANCIAL COMPANIES LLLP 3.97% of their portfolio DES PERES, MO 110,682,000110.7m $8.3bn $8.3bn 3.97% Added +53.1m +53,107,838
2 Betterment LLC 13.28% of their portfolio NEW YORK, NY 91,626,85691.6m $7.0bn $7.0bn 13.28% Added +8.0m +8,041,014
3 JPMORGAN CHASE & CO 0.35% of their portfolio NEW YORK, NY 69,185,44269.2m $5.1bn $5.1bn 0.35% Added +60.7m +60,724,409
4 USS Investment Management Ltd 21.57% of their portfolio London, X0 66,398,23266.4m $5.1bn $5.1bn 21.57% Unchanged
5 LPL Financial LLC 1.19% of their portfolio FORT MILL, SC 58,660,53858.7m $4.5bn $4.5bn 1.19% Added +7.1m +7,149,483
6 MARSHALL WACE, LLP 4.07% of their portfolio LONDON, X0 49,650,24649.7m $3.8bn $3.8bn 4.07% New
7 BANK OF AMERICA CORP /DE/ 0.20% of their portfolio CHARLOTTE, NC 36,172,90136.2m $2.8bn $2.8bn 0.20% Reduced -17.7m -17,674,966
8 Creative Planning 1.75% of their portfolio OVERLAND PARK, KS 33,659,02833.7m $2.6bn $2.6bn 1.75% Added +858.9k +858,879
9 MILLENNIUM MANAGEMENT LLC 1.23% of their portfolio NEW YORK, NY 21,566,18221.6m $1.7bn $1.7bn 1.23% New
10 ENVESTNET ASSET MANAGEMENT INC 0.42% of their portfolio Berwyn, PA 20,261,47120.3m $1.6bn $1.6bn 0.42% Added +2.4m +2,370,112
11 Allianz Asset Management GmbH 1.75% of their portfolio MUNICH, 2M 19,841,00319.8m $1.5bn $1.5bn 1.75% Added +14.8m +14,769,841
12 Kedalion Capital Management LLP 40.87% of their portfolio LONDON, X0 17,879,00017.9m $1.4bn $1.4bn 40.87% Added +14.0m +14,039,000
13 MORGAN STANLEY 0.08% of their portfolio NEW YORK, NY 17,249,77217.2m $1.3bn $1.3bn 0.08% Reduced -13.6m -13,605,842
14 MKP Capital Management, L.L.C. 34.39% of their portfolio New York, NY 13,671,70013.7m $1.0bn $1.0bn 34.39% New
15 NATIXIS 4.03% of their portfolio PARIS, I0 13,323,06813.3m $1.0bn $1.0bn 4.03% Reduced -3.1m -3,109,932
16 CWM, LLC 2.26% of their portfolio OMAHA, NE 11,255,03411.3m $861.5m $861.5m 2.26% Added +895.8k +895,773
17 Invesco Ltd. 0.08% of their portfolio ATLANTA, GA 10,605,83910.6m $811.8m $811.8m 0.08% Reduced -1.1k -1,110
18 NISSAY ASSET MANAGEMENT CORP /JAPAN 4.05% of their portfolio Tokyo, M0 9,989,83210.0m $764.6m $764.6m 4.05% Unchanged
19 National Mutual Insurance Federation of Agricultural Cooperatives 5.62% of their portfolio TOKYO, JAPAN, M0 9,536,0009.5m $729.9m $729.9m 5.62% Unchanged
20 GOLDMAN SACHS GROUP INC 0.09% of their portfolio NEW YORK, NY 8,882,9598.9m $679.9m $679.9m 0.09% Added +860.7k +860,692
21 Clark Capital Management Group, Inc. 3.65% of their portfolio PHILADELPHIA, PA 7,737,4677.7m $592.2m $592.2m 3.65% Added +287.6k +287,619
22 OSSIAM 10.26% of their portfolio PARIS, I0 7,619,9327.6m $583.2m $583.2m 10.26% New
23 OneDigital Investment Advisors LLC 5.35% of their portfolio OVERLAND PARK, KS 7,148,8877.1m $547.2m $547.2m 5.35% Added +1.0m +1,025,127
24 OSAIC HOLDINGS, INC. 0.80% of their portfolio SCOTTSDALE, AZ 7,138,7797.1m $546.5m $546.5m 0.80% Reduced -332.9k -332,864
25 NATIXIS ADVISORS, LLC 0.73% of their portfolio Boston, MA 6,827,6546.8m $522.6m $522.6m 0.73% Added +3.6m +3,586,287
26 GREENLEAF TRUST 4.81% of their portfolio KALAMAZOO, MI 6,396,2436.4m $489.6m $489.6m 4.81% Added +932.0k +931,981
27 EXCHANGE TRADED CONCEPTS, LLC 3.67% of their portfolio Oklahoma City, OK 6,234,9486.2m $477.2m $477.2m 3.67% Added +791.7k +791,664
28 1900 WEALTH MANAGEMENT LLC 29.61% of their portfolio SAN ANTONIO, TX 6,025,7256.0m $461.2m $461.2m 29.61% Added +73.9k +73,872
29 TIG Advisors, LLC 21.78% of their portfolio New York, NY 5,960,5146.0m $456.3m $456.3m 21.78% Added +14.5k +14,502
30 RAYMOND JAMES FINANCIAL INC 0.13% of their portfolio ST. PETERSBURG, FL 5,430,9435.4m $415.7m $415.7m 0.13% Added +822.5k +822,494
31 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.25% of their portfolio MILWAUKEE, WI 5,371,3075.4m $411.1m $411.1m 0.25% Added +1.3m +1,275,227
32 Advance Capital Management, Inc. 15.28% of their portfolio SOUTHFIELD, MI 5,268,5625.3m $403.3m $403.3m 15.28% Reduced -925.7k -925,712
33 TD PRIVATE CLIENT WEALTH LLC 8.28% of their portfolio NEW YORK, NY 5,218,7305.2m $399.4m $399.4m 8.28% Added +301.3k +301,289
34 AMERIPRISE FINANCIAL INC 0.09% of their portfolio MINNEAPOLIS, MN 5,122,1175.1m $391.4m $391.4m 0.09% Reduced -328.9k -328,922
35 Financial Engines Advisors L.L.C. 0.78% of their portfolio SANTA CLARA, CA 5,050,5355.1m $386.6m $386.6m 0.78% Reduced -16.5k -16,519
36 Private Advisor Group, LLC 1.79% of their portfolio MORRISTOWN, NJ 4,986,8845.0m $381.7m $381.7m 1.79% Added +178.0k +178,017
37 Cetera Investment Advisers 0.40% of their portfolio SCHAUMBURG, IL 4,862,9254.9m $372.2m $372.2m 0.40% Added +431.7k +431,656
38 GM Advisory Group, LLC 14.33% of their portfolio MELVILLE, NY 4,861,7914.9m $372.1m $372.1m 14.33% Added +116.6k +116,648
39 Aptus Capital Advisors, LLC 3.04% of their portfolio FAIRHOPE, AL 4,717,9614.7m $361.1m $361.1m 3.04% Added +3.1m +3,097,812
40 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 4,685,7834.7m $358.6m $358.6m 0.01% Added +2.0m +1,983,928
41 NICOLET BANKSHARES INC 13.18% of their portfolio GREEN BAY, WI 4,638,0194.6m $357.2m $357.2m 13.18% Added +4.1m +4,137,307
42 Wealthcare Advisory Partners LLC 6.76% of their portfolio WEST CHESTER, PA 4,543,5744.5m $347.8m $347.8m 6.76% Added +213.5k +213,486
43 Independent Advisor Alliance 3.68% of their portfolio CHARLOTTE, NC 4,479,0984.5m $342.8m $342.8m 3.68% Added +4.2m +4,198,866
44 HighTower Advisors, LLC 0.35% of their portfolio CHICAGO, IL 4,367,3724.4m $334.3m $334.3m 0.35% Added +92.7k +92,745
45 First Command Advisory Services, Inc. 2.19% of their portfolio FORT WORTH, TX 4,252,4914.3m $325.5m $325.5m 2.19% Added +780.8k +780,750
46 Gradient Investments LLC 4.98% of their portfolio ARDEN HILLS, MN 4,198,4374.2m $321.3m $321.3m 4.98% Added +159.0k +158,967
47 NorthRock Partners, LLC 5.14% of their portfolio MINNEAPOLIS, MN 4,164,5094.2m $318.8m $318.8m 5.14% Added +355.1k +355,073
48 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 4,044,0724.0m $309.5m $309.5m 0.06% Added +533.9k +533,942
49 Composition Wealth, LLC 4.19% of their portfolio LOS ANGELES, CA 3,985,8484.0m $305.1m $305.1m 4.19% Added +786.7k +786,698
50 VANTAGEPOINT INVESTMENT ADVISERS LLC 2.58% of their portfolio WASHINGTON, DC 3,982,8584.0m $304.8m $304.8m 2.58% Reduced -108.8k -108,810
51 Advocacy Wealth Management, LLC 13.48% of their portfolio ATLANTA, GA 3,982,7404.0m $304.8m $304.8m 13.48% Added +733.1k +733,087
52 Capital Analysts, LLC 8.00% of their portfolio FORT WASHINGTON, PA 3,975,7074.0m $304.3m $304.3m 8.00% Added +158.8k +158,812
53 Tidal Investments LLC 0.93% of their portfolio Milwaukee, WI 3,900,6173.9m $298.6m $298.6m 0.93% New
54 Hills Bank & Trust Co 13.12% of their portfolio North Liberty, IA 3,547,2583.5m $271.5m $271.5m 13.12% Added +3.1m +3,136,385
55 Norinchukin Bank, The 3.14% of their portfolio TOKYO, M0 3,511,2703.5m $268.8m $268.8m 3.14% Unchanged
56 Stadion Money Management, LLC 25.37% of their portfolio WATKINSVILLE, GA 3,296,5383.3m $252.3m $252.3m 25.37% Reduced -497.1k -497,051
57 Mirae Asset Global Investments Co., Ltd. 0.68% of their portfolio SEOUL, M5 3,109,4413.1m $238.0m $238.0m 0.68% Added +224.2k +224,190
58 SCS Capital Management LLC 2.52% of their portfolio BOSTON, MA 3,104,4573.1m $237.6m $237.6m 2.52% Added +476.5k +476,470
59 ASSETMARK, INC 0.48% of their portfolio CONCORD, CA 3,053,3033.1m $233.7m $233.7m 0.48% Reduced -180.4k -180,387
60 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 3,015,1933.0m $230.8m $230.8m 0.04% Added +1.1m +1,143,710
61 NewEdge Advisors, LLC 0.76% of their portfolio NEW ORLEANS, LA 2,755,9012.8m $210.9m $210.9m 0.76% Added +295.8k +295,758
62 Larson Financial Group LLC 6.48% of their portfolio ST LOUIS, MO 2,640,3032.6m $202.1m $202.1m 6.48% Added +357.5k +357,516
63 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.41% of their portfolio PLYMOUTH, MN 2,499,6542.5m $188.3m $188.3m 0.41% Reduced -825.2k -825,205
64 Klaas Financial Asset Advisors, LLC 26.15% of their portfolio LOVES PARK, IL 2,474,5822.5m $189.4m $189.4m 26.15% Added +2.5m +2,467,754
65 Mariner, LLC 0.22% of their portfolio Overland Park, KS 2,462,9182.5m $188.4m $188.4m 0.22% Added +146.7k +146,739
66 Peterson Wealth Advisors, LLC 24.47% of their portfolio Orem, UT 2,403,3542.4m $184.0m $184.0m 24.47% Added +105.6k +105,611
67 Cerity Partners LLC 0.25% of their portfolio NEW YORK, NY 2,346,5332.3m $179.6m $179.6m 0.25% Added +2.0m +1,982,591
68 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 10.21% of their portfolio Westlake, OH 2,343,5572.3m $179.4m $179.4m 10.21% Added +599.3k +599,319
69 UBS Group AG 0.03% of their portfolio ZURICH, V8 2,309,9522.3m $176.8m $176.8m 0.03% Added +258.1k +258,106
70 SPINNAKER TRUST 9.61% of their portfolio PORTLAND, ME 2,267,8262.3m $173.6m $173.6m 9.61% Added +101.1k +101,149
71 VICUS CAPITAL 12.73% of their portfolio STATE COLLEGE, PA 2,262,8202.3m $173.2m $173.2m 12.73% Added +451.7k +451,679
72 Cambridge Investment Research Advisors, Inc. 0.44% of their portfolio FAIRFIELD, IA 2,228,5762.2m $170.6m $170.6m 0.44% Added +91.4k +91,428
73 Ocean Park Asset Management, LLC 9.15% of their portfolio SANTA MONICA, CA 2,070,4022.1m $158.5m $158.5m 9.15% Reduced -655 -655
74 Empower Advisory Group, LLC 0.41% of their portfolio Greenwood Village, CO 2,059,6392.1m $157.6m $157.6m 0.41% Added +1.9m +1,944,777
75 MML INVESTORS SERVICES, LLC 0.43% of their portfolio SPRINGFIELD, MA 2,028,0922.0m $155.2m $155.2m 0.43% Reduced -375.3k -375,275
76 RETIREMENT INCOME SOLUTIONS, INC 24.33% of their portfolio ANN ARBOR, MI 1,859,4821.9m $142.3m $142.3m 24.33% Added +61.5k +61,486
77 AE Wealth Management LLC 0.76% of their portfolio TOPEKA, KS 1,847,3711.8m $141.4m $141.4m 0.76% Added +418.3k +418,267
78 Sand Hill Global Advisors, LLC 4.75% of their portfolio Palo Alto, CA 1,843,2911.8m $141.1m $141.1m 4.75% Added +229.7k +229,705
79 TWO SIGMA INVESTMENTS, LP 0.12% of their portfolio NEW YORK, NY 1,832,0001.8m $140.2m $140.2m 0.12% Added +60.5k +60,500
80 UNIVEST FINANCIAL Corp 7.77% of their portfolio SOUDERTON, PA 1,807,9861.8m $138.4m $138.4m 7.77% Added +102.3k +102,260
81 AlphaStar Capital Management, LLC 10.20% of their portfolio CORNELIUS, NC 1,807,4601.8m $138.3m $138.3m 10.20% Added +717.8k +717,830
82 Tennessee Valley Asset Management Partners 18.22% of their portfolio KNOXVILLE, TN 1,802,3221.8m $137.9m $137.9m 18.22% Reduced -131.5k -131,514
83 GREAT VALLEY ADVISOR GROUP, INC. 2.34% of their portfolio WILMINGTON, DE 1,682,4691.7m $128.8m $128.8m 2.34% Reduced -4.7k -4,678
84 Ascent Group, LLC 4.30% of their portfolio VIRGINIA BEACH, VA 1,624,4601.6m $124.3m $124.3m 4.30% Added +398.9k +398,921
85 Integrated Wealth Concepts LLC 0.89% of their portfolio WALTHAM, MA 1,451,9181.5m $111.1m $111.1m 0.89% Added +321.6k +321,601
86 49 WEALTH MANAGEMENT, LLC 8.07% of their portfolio AUSTIN, TX 1,409,1931.4m $107.9m $107.9m 8.07% Reduced -588.5k -588,529
87 COMMONWEALTH EQUITY SERVICES, LLC 0.15% of their portfolio WALTHAM, MA 1,360,9921.4m $104.2m $104.2m 0.15% Added +105.1k +105,120
88 Stratos Wealth Partners, LTD. 1.11% of their portfolio BEACHWOOD, OH 1,278,5931.3m $97.9m $97.9m 1.11% Added +29.5k +29,465
89 RiverFront Investment Group, LLC 1.48% of their portfolio RICHMOND, VA 1,246,2651.2m $95.4m $95.4m 1.48% Added +10.5k +10,484
90 Modern Wealth Management, LLC 1.62% of their portfolio KANSAS CITY, MO 1,222,2861.2m $94.3m $94.3m 1.62% Added +272.2k +272,216
91 Revere Asset Management, Inc 47.41% of their portfolio DALLAS, TX 1,209,1431.2m $92.5m $92.5m 47.41% Reduced -73.5k -73,462
92 World Investment Advisors 1.45% of their portfolio LINCROFT, NJ 1,173,6581.2m $89.8m $89.8m 1.45% Reduced -158.0k -158,033
93 WCG Wealth Advisors LLC 2.48% of their portfolio LAS VEGAS, NV 1,159,1011.2m $88.7m $88.7m 2.48% Added +46.6k +46,600
94 LVW Advisors, LLC 8.65% of their portfolio PITTSFORD, NY 1,158,4651.2m $88.7m $88.7m 8.65% Added +724.1k +724,093
95 Crews Bank & Trust 12.83% of their portfolio PORT CHARLOTTE, FL 1,155,8571.2m $88.5m $88.5m 12.83% Added +19.5k +19,452
96 ST GERMAIN D J CO INC 3.44% of their portfolio SPRINGFIELD, MA 1,136,6971.1m $87.0m $87.0m 3.44% Added +165.7k +165,689
97 PARK AVENUE SECURITIES LLC 0.66% of their portfolio NEW YORK, NY 1,110,6231.1m $85.0m $85.0m 0.66% Added +92.2k +92,201
98 CFS Investment Advisory Services, LLC 6.39% of their portfolio TOTOWA, NJ 1,110,2381.1m $92.8m $92.8m 6.39% Added +285.8k +285,760
99 KWB Wealth 8.77% of their portfolio REDLANDS, CA 1,105,7431.1m $88.7m $88.7m 8.77% Reduced -8.2k -8,199
100 Kestra Advisory Services, LLC 0.32% of their portfolio AUSTIN, TX 1,102,2611.1m $84.4m $84.4m 0.32% Reduced -75.2k -75,206