Vault-13

SPDR SERIES TRUST SPYM

PORTFOLIO S&P500 · ETP · CUSIP 78464A854

1,720 institutional holders +111 vs Q1 2026
1,315,675,9311.3bn shares reported held*
$115.1bnreported value*
171 new 884 added 461 reduced 52 sold out net bought ≈ $19.1bn (+217.5m 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 ($336.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $87.52. Options: 6 managers hold calls ($59.2m notional), 4 hold puts ($35.2m).

Trends to Q2 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: 1,609Q2 26: 1,7201,720Q3 22Q3 23Q3 24Q3 25Q2 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
Q2 20261,720

Buyers vs sellers

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

Bought or addedCut or sold out
2k02kQ3 24: 565 bought or addedQ3 24: 462 cut or sold outQ4 24: 663 bought or addedQ4 24: 423 cut or sold outQ4 24Q1 25: 716 bought or addedQ1 25: 498 cut or sold outQ2 25: 747 bought or addedQ2 25: 502 cut or sold outQ2 25Q3 25: 801 bought or addedQ3 25: 501 cut or sold outQ4 25: 849 bought or addedQ4 25: 525 cut or sold outQ4 25Q1 26: 936 bought or addedQ1 26: 560 cut or sold outQ2 26: 1,055 bought or addedQ2 26: 513 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024565462
Q4 2024663423
Q1 2025716498
Q2 2025747502
Q3 2025801501
Q4 2025849525
Q1 2026936560
Q2 20261,055513

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ3 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 1.59Q2 26 calls: $59.2mQ2 26 puts: $35.2mQ2 26P/C 0.59
Numbers
QuarterCallsPutsP/C
Q3 2025$73.0m$118.9m1.63
Q4 2025$79.0m$157.8m2.00
Q1 2026$72.3m$114.9m1.59
Q2 2026$59.2m$35.2m0.59

Biggest buyers

JONES FINANCIAL COMPANIES LLLP Added +59,141,143+59.1m
Allianz Asset Management GmbH Added +26,382,568+26.4m
Walleye Capital LLC New +20,509,091+20.5m
BANK OF AMERICA CORP /DE/ Added +18,542,208+18.5m
Kedalion Capital Management LLP Added +17,251,000+17.3m
GOLDMAN SACHS GROUP INC Added +11,192,177+11.2m
Betterment LLC Added +6,254,289+6.3m
Main Management Fund Advisors LLC New +5,915,320+5.9m
ROYAL BANK OF CANADA Added +5,485,040+5.5m
BANK OF MONTREAL /CAN/ Added +5,315,522+5.3m

Biggest sellers

MILLENNIUM MANAGEMENT LLC Sold out -21,566,182-21.6m
NATIXIS Reduced -8,651,276-8.7m
Independent Advisor Alliance Reduced -4,139,143-4.1m
MARSHALL WACE, LLP Reduced -2,780,922-2.8m
MKP Capital Management, L.L.C. Reduced -2,021,300-2.0m
NATIXIS ADVISORS, LLC Reduced -1,987,190-2.0m
JPMORGAN CHASE & CO Reduced -1,467,538-1.5m
49 WEALTH MANAGEMENT, LLC Reduced -1,254,185-1.3m
Empower Advisory Group, LLC Reduced -907,842-907.8k
STATE STREET CORP Reduced -843,190-843.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $24.7m280.8k shares
CITADEL ADVISORS LLC Reduced $24.0m273.3k shares
JANE STREET GROUP, LLC Added $10.4m117.8k shares
EXCHANGE TRADED CONCEPTS, LLC Reduced $114.2k1.3k shares
OLD MISSION CAPITAL LLC Reduced $46.0k17.7k shares
ROYAL BANK OF CANADA New $9.0k100 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $24.5m278.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.8m77.1k shares
JANE STREET GROUP, LLC Reduced $4.0m45.3k shares
Cetera Investment Advisers Unchanged $210100 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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JONES FINANCIAL COMPANIES LLLP 5.83% of their portfolio DES PERES, MO 169,823,143169.8m $14.6bn $14.6bn 5.83% Added +59.1m +59,141,143
2 Betterment LLC 14.55% of their portfolio NEW YORK, NY 97,881,14597.9m $8.6bn $8.6bn 14.55% Added +6.3m +6,254,289
3 JPMORGAN CHASE & CO 0.34% of their portfolio NEW YORK, NY 67,717,90467.7m $5.9bn $5.9bn 0.34% Reduced -1.5m -1,467,538
4 USS Investment Management Ltd 23.01% of their portfolio London, X0 66,398,23266.4m $5.8bn $5.8bn 23.01% Unchanged
5 LPL Financial LLC 1.25% of their portfolio FORT MILL, SC 63,355,61463.4m $5.6bn $5.6bn 1.25% Added +4.7m +4,695,076
6 BANK OF AMERICA CORP /DE/ 0.31% of their portfolio CHARLOTTE, NC 54,715,10954.7m $4.8bn $4.8bn 0.31% Added +18.5m +18,542,208
7 MARSHALL WACE, LLP 3.48% of their portfolio LONDON, X0 46,869,32446.9m $4.1bn $4.1bn 3.48% Reduced -2.8m -2,780,922
8 Allianz Asset Management GmbH 4.18% of their portfolio MUNICH, 2M 46,223,57146.2m $4.1bn $4.1bn 4.18% Added +26.4m +26,382,568
9 Creative Planning 1.82% of their portfolio OVERLAND PARK, KS 35,366,42235.4m $3.1bn $3.1bn 1.82% Added +1.7m +1,707,394
10 Kedalion Capital Management LLP 73.34% of their portfolio LONDON, X0 35,130,00035.1m $3.1bn $3.1bn 73.34% Added +17.3m +17,251,000
11 ENVESTNET ASSET MANAGEMENT INC 0.47% of their portfolio Berwyn, PA 22,699,99022.7m $2.0bn $2.0bn 0.47% Added +2.4m +2,438,519
12 Walleye Capital LLC 8.56% of their portfolio NEW YORK, NY 20,509,09120.5m $1.8bn $1.8bn 8.56% New
13 GOLDMAN SACHS GROUP INC 0.19% of their portfolio NEW YORK, NY 20,075,13620.1m $1.8bn $1.8bn 0.19% Added +11.2m +11,192,177
14 MORGAN STANLEY 0.09% of their portfolio NEW YORK, NY 18,891,23018.9m $1.7bn $1.7bn 0.09% Added +1.6m +1,641,458
15 OSSIAM 13.71% of their portfolio PARIS, I0 11,761,20811.8m $1.0bn $1.0bn 13.71% Added +4.1m +4,141,276
16 MKP Capital Management, L.L.C. 28.22% of their portfolio New York, NY 11,650,40011.7m $1.0bn $1.0bn 28.22% Reduced -2.0m -2,021,300
17 Invesco Ltd. 0.07% of their portfolio ATLANTA, GA 10,604,42210.6m $931.9m $931.9m 0.07% Reduced -1.4k -1,417
18 OneDigital Investment Advisors LLC 7.65% of their portfolio OVERLAND PARK, KS 10,309,49510.3m $906.0m $906.0m 7.65% Added +3.2m +3,160,608
19 NISSAY ASSET MANAGEMENT CORP /JAPAN 3.71% of their portfolio Tokyo, M0 9,989,83210.0m $877.9m $877.9m 3.71% Unchanged
20 National Mutual Insurance Federation of Agricultural Cooperatives 5.48% of their portfolio TOKYO, JAPAN, M0 9,536,0009.5m $838.0m $838.0m 5.48% Unchanged
21 WELLS FARGO & COMPANY/MN 0.14% of their portfolio SAN FRANCISCO, CA 9,061,4849.1m $796.3m $796.3m 0.14% Added +5.0m +5,017,412
22 ROYAL BANK OF CANADA 0.13% of their portfolio TORONTO, A6 8,500,2338.5m $747.0m $747.0m 0.13% Added +5.5m +5,485,040
23 OSAIC HOLDINGS, INC. 0.80% of their portfolio SCOTTSDALE, AZ 7,781,3067.8m $683.9m $683.9m 0.80% Added +642.5k +642,527
24 Clark Capital Management Group, Inc. 3.63% of their portfolio PHILADELPHIA, PA 7,587,7607.6m $666.8m $666.8m 3.63% Reduced -149.7k -149,707
25 Cambridge Investment Research Advisors, Inc. 0.74% of their portfolio FAIRFIELD, IA 7,400,8777.4m $650.4m $650.4m 0.74% Added +5.2m +5,172,301
26 GREENLEAF TRUST 5.93% of their portfolio KALAMAZOO, MI 7,005,4667.0m $615.6m $615.6m 5.93% Added +609.2k +609,223
27 EXCHANGE TRADED CONCEPTS, LLC 2.96% of their portfolio Oklahoma City, OK 6,808,6986.8m $598.3m $598.3m 2.96% Added +573.8k +573,750
28 AMERIPRISE FINANCIAL INC 0.11% of their portfolio MINNEAPOLIS, MN 6,137,6846.1m $539.2m $539.2m 0.11% Added +1.0m +1,015,567
29 RAYMOND JAMES FINANCIAL INC 0.15% of their portfolio ST. PETERSBURG, FL 6,135,5196.1m $539.2m $539.2m 0.15% Added +704.6k +704,576
30 1900 WEALTH MANAGEMENT LLC 29.58% of their portfolio SAN ANTONIO, TX 6,044,6246.0m $531.2m $531.2m 29.58% Added +18.9k +18,899
31 TIG Advisors, LLC 24.17% of their portfolio New York, NY 5,976,7016.0m $525.6m $525.6m 24.17% Added +16.2k +16,187
32 Private Advisor Group, LLC 2.40% of their portfolio MORRISTOWN, NJ 5,956,4786.0m $523.5m $523.5m 2.40% Added +969.6k +969,594
33 Main Management Fund Advisors LLC 36.76% of their portfolio SAN FRANCISCO, CA 5,915,3205.9m $519.8m $519.8m 36.76% New
34 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.28% of their portfolio MILWAUKEE, WI 5,860,4445.9m $515.0m $515.0m 0.28% Added +489.1k +489,137
35 Wealthspire Advisors, LLC 2.81% of their portfolio NEW YORK, NY 5,799,2665.8m $509.6m $509.6m 2.81% Added +5.0m +5,047,815
36 Advocacy Wealth Management, LLC 18.44% of their portfolio ATLANTA, GA 5,775,6585.8m $507.6m $507.6m 18.44% Added +1.8m +1,792,918
37 BANK OF MONTREAL /CAN/ 0.18% of their portfolio TORONTO, A6 5,606,0045.6m $492.7m $492.7m 0.18% Added +5.3m +5,315,522
38 TD PRIVATE CLIENT WEALTH LLC 8.90% of their portfolio NEW YORK, NY 5,508,8625.5m $484.1m $484.1m 8.90% Added +290.1k +290,132
39 Cetera Investment Advisers 0.42% of their portfolio SCHAUMBURG, IL 5,223,3575.2m $459.0m $459.0m 0.42% Added +360.4k +360,432
40 Advance Capital Management, Inc. 14.67% of their portfolio SOUTHFIELD, MI 5,164,1505.2m $453.8m $453.8m 14.67% Reduced -104.4k -104,412
41 Composition Wealth, LLC 5.25% of their portfolio LOS ANGELES, CA 5,090,4085.1m $447.3m $447.3m 5.25% Added +1.1m +1,104,560
42 Aptus Capital Advisors, LLC 3.26% of their portfolio FAIRHOPE, AL 5,084,0655.1m $446.8m $446.8m 3.26% Added +366.1k +366,104
43 Financial Engines Advisors L.L.C. 0.78% of their portfolio SANTA CLARA, CA 5,010,1165.0m $440.3m $440.3m 0.78% Reduced -40.4k -40,419
44 NICOLET BANKSHARES INC 14.05% of their portfolio GREEN BAY, WI 5,001,9805.0m $441.8m $441.8m 14.05% Added +364.0k +363,961
45 First Command Advisory Services, Inc. 2.58% of their portfolio FORT WORTH, TX 4,934,2494.9m $433.6m $433.6m 2.58% Added +681.8k +681,758
46 NATIXIS ADVISORS, LLC 0.48% of their portfolio Boston, MA 4,840,4644.8m $425.4m $425.4m 0.48% Reduced -2.0m -1,987,190
47 HighTower Advisors, LLC 0.40% of their portfolio CHICAGO, IL 4,753,0044.8m $417.7m $417.7m 0.40% Added +385.6k +385,632
48 NATIXIS 1.94% of their portfolio PARIS, I0 4,671,7924.7m $409.9m $409.9m 1.94% Reduced -8.7m -8,651,276
49 NorthRock Partners, LLC 5.91% of their portfolio MINNEAPOLIS, MN 4,629,5964.6m $406.8m $406.8m 5.91% Added +465.1k +465,087
50 Gradient Investments LLC 5.43% of their portfolio ARDEN HILLS, MN 4,474,8044.5m $393.2m $393.2m 5.43% Added +276.4k +276,367
51 NewEdge Advisors, LLC 1.15% of their portfolio NEW ORLEANS, LA 4,406,5544.4m $387.2m $387.2m 1.15% Added +1.7m +1,650,653
52 Wealthcare Advisory Partners LLC 7.32% of their portfolio WEST CHESTER, PA 4,391,0344.4m $385.9m $385.9m 7.32% Reduced -152.5k -152,540
53 Tidal Investments LLC 0.94% of their portfolio Milwaukee, WI 4,389,3684.4m $385.7m $385.7m 0.94% Added +488.8k +488,751
54 Capital Analysts, LLC 8.11% of their portfolio FORT WASHINGTON, PA 4,003,5404.0m $351.8m $351.8m 8.11% Added +27.8k +27,833
55 VANTAGEPOINT INVESTMENT ADVISERS LLC 2.56% of their portfolio WASHINGTON, DC 3,886,7603.9m $341.6m $341.6m 2.56% Reduced -96.1k -96,098
56 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 3,842,5933.8m $337.7m $337.7m 0.01% Reduced -843.2k -843,190
57 Norinchukin Bank, The 3.00% of their portfolio TOKYO, M0 3,511,2703.5m $308.6m $308.6m 3.00% Unchanged
58 Cerity Partners LLC 0.37% of their portfolio NEW YORK, NY 3,492,3753.5m $306.9m $306.9m 0.37% Added +1.1m +1,145,842
59 Mirae Asset Global Investments Co., Ltd. 0.58% of their portfolio SEOUL, M5 3,461,5113.5m $304.2m $304.2m 0.58% Added +352.1k +352,070
60 Hills Bank & Trust Co 12.76% of their portfolio North Liberty, IA 3,411,8233.4m $299.8m $299.8m 12.76% Reduced -135.4k -135,435
61 ASSETMARK, INC 0.48% of their portfolio CONCORD, CA 3,163,3243.2m $278.0m $278.0m 0.48% Added +110.0k +110,021
62 SCS Capital Management LLC 2.61% of their portfolio BOSTON, MA 3,146,0973.1m $276.5m $276.5m 2.61% Added +41.6k +41,640
63 Stadion Money Management, LLC 23.61% of their portfolio WATKINSVILLE, GA 3,116,0223.1m $273.8m $273.8m 23.61% Reduced -180.5k -180,516
64 MML INVESTORS SERVICES, LLC 0.55% of their portfolio SPRINGFIELD, MA 3,068,7153.1m $269.7m $269.7m 0.55% Added +1.0m +1,040,623
65 AE Wealth Management LLC 1.24% of their portfolio TOPEKA, KS 3,027,7993.0m $266.1m $266.1m 1.24% Added +1.2m +1,180,428
66 Larson Financial Group LLC 6.98% of their portfolio ST LOUIS, MO 3,010,4873.0m $264.6m $264.6m 6.98% Added +370.2k +370,184
67 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 12.37% of their portfolio Westlake, OH 2,850,5022.9m $250.5m $250.5m 12.37% Added +506.9k +506,945
68 Global Retirement Partners, LLC 3.54% of their portfolio San Rafael, CA 2,632,3222.6m $231.3m $231.3m 3.54% First filing
69 BlueCrest Capital Management Ltd 9.85% of their portfolio ST HELIER, Y9 2,622,6072.6m $230.5m $230.5m 9.85% New
70 UBS Group AG 0.04% of their portfolio ZURICH, V8 2,621,7332.6m $230.4m $230.4m 0.04% Added +311.8k +311,781
71 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.37% of their portfolio PLYMOUTH, MN 2,618,6222.6m $222.1m $222.1m 0.37% Added +119.0k +118,968
72 Klaas Financial Asset Advisors, LLC 28.04% of their portfolio LOVES PARK, IL 2,560,8812.6m $225.1m $225.1m 28.04% Added +86.3k +86,299
73 Integrated Wealth Concepts LLC 1.09% of their portfolio WALTHAM, MA 2,555,0632.6m $224.5m $224.5m 1.09% Added +1.1m +1,103,145
74 Ascent Group, LLC 6.53% of their portfolio VIRGINIA BEACH, VA 2,484,5492.5m $218.3m $218.3m 6.53% Added +860.1k +860,089
75 Peterson Wealth Advisors, LLC 25.54% of their portfolio Orem, UT 2,458,6932.5m $216.1m $216.1m 25.54% Added +55.3k +55,339
76 SPINNAKER TRUST 9.87% of their portfolio PORTLAND, ME 2,312,7102.3m $203.2m $203.2m 9.87% Added +44.9k +44,884
77 VICUS CAPITAL 13.03% of their portfolio STATE COLLEGE, PA 2,297,0922.3m $201.9m $201.9m 13.03% Added +34.3k +34,272
78 Modern Wealth Management, LLC 2.37% of their portfolio KANSAS CITY, MO 2,258,6362.3m $198.5m $198.5m 2.37% Added +1.0m +1,036,350
79 Ocean Park Asset Management, LLC 8.42% of their portfolio SANTA MONICA, CA 1,989,6052.0m $174.8m $174.8m 8.42% Reduced -80.8k -80,797
80 RiverFront Investment Group, LLC 2.22% of their portfolio RICHMOND, VA 1,912,9661.9m $168.1m $168.1m 2.22% Added +666.7k +666,701
81 AlphaStar Capital Management, LLC 10.36% of their portfolio CORNELIUS, NC 1,854,2701.9m $163.0m $163.0m 10.36% Added +46.8k +46,810
82 Mariner, LLC 0.17% of their portfolio Overland Park, KS 1,853,2161.9m $162.9m $162.9m 0.17% Reduced -609.7k -609,702
83 RETIREMENT INCOME SOLUTIONS, INC 24.38% of their portfolio ANN ARBOR, MI 1,849,9181.8m $141.6m $141.6m 24.38% Reduced -9.6k -9,564
84 UNIVEST FINANCIAL Corp 7.91% of their portfolio SOUDERTON, PA 1,833,5701.8m $161.1m $161.1m 7.91% Added +25.6k +25,584
85 Tennessee Valley Asset Management Partners 17.70% of their portfolio KNOXVILLE, TN 1,826,1771.8m $160.5m $160.5m 17.70% Added +23.9k +23,855
86 Sand Hill Global Advisors, LLC 4.79% of their portfolio Palo Alto, CA 1,812,0841.8m $159.2m $159.2m 4.79% Reduced -31.2k -31,207
87 KWB Wealth 12.94% of their portfolio REDLANDS, CA 1,720,9751.7m $151.2m $151.2m 12.94% Added +615.2k +615,232
88 GREAT VALLEY ADVISOR GROUP, INC. 2.30% of their portfolio WILMINGTON, DE 1,659,1041.7m $145.8m $145.8m 2.30% Reduced -23.4k -23,365
89 INTACT INVESTMENT MANAGEMENT INC. 3.97% of their portfolio MONTREAL, A8 1,589,2161.6m $139.7m $139.7m 3.97% New
90 POTOMAC FUND MANAGEMENT INC /ADV 3.46% of their portfolio BETHESDA, MD 1,565,6181.6m $137.6m $137.6m 3.46% Added +1.5m +1,535,156
91 CFS Investment Advisory Services, LLC 8.71% of their portfolio TOTOWA, NJ 1,490,2441.5m $130.6m $130.6m 8.71% Added +380.0k +380,006
92 3EDGE Asset Management, LP 5.79% of their portfolio Naples, FL 1,477,4851.5m $129.8m $129.8m 5.79% Added +1.5m +1,472,389
93 COMMONWEALTH EQUITY SERVICES, LLC 0.16% of their portfolio WALTHAM, MA 1,467,0061.5m $128.9m $128.9m 0.16% Added +106.0k +106,014
94 Stratos Wealth Partners, LTD. 1.30% of their portfolio BEACHWOOD, OH 1,465,0391.5m $128.7m $128.7m 1.30% Added +186.4k +186,446
95 Venturi Wealth Management, LLC 4.75% of their portfolio AUSTIN, TX 1,398,3691.4m $122.9m $122.9m 4.75% New
96 Signal Advisors Wealth, LLC 6.35% of their portfolio DETROIT, MI 1,378,3591.4m $121.1m $121.1m 6.35% Added +375.0k +375,025
97 Kestra Advisory Services, LLC 0.37% of their portfolio AUSTIN, TX 1,319,9141.3m $116.0m $116.0m 0.37% Added +217.7k +217,653
98 INTEGRITY ALLIANCE, LLC. 3.61% of their portfolio Urbandale, IA 1,305,6501.3m $114.7m $114.7m 3.61% Added +297.5k +297,476
99 LVW Advisors, LLC 9.43% of their portfolio PITTSFORD, NY 1,241,5971.2m $109.1m $109.1m 9.43% Added +83.1k +83,132
100 Vertex Planning Partners, LLC 16.11% of their portfolio DOWNERS GROVE, IL 1,234,5721.2m $108.5m $108.5m 16.11% Added +284.3k +284,345