Vault-13

SPDR SER TR XSD

S&P SEMICNDCTR · ETP · CUSIP 78464A862

204 institutional holders -24 vs Q4 2024
1,955,1592.0m shares reported held*
$392.2mreported value*
20 new 53 added 72 reduced 40 sold out net sold ≈ $37.5m (-186.5k 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. Holder counts are more reliable. Implied quarter-end price ≈ $200.58. Options: 3 managers hold calls ($7.5m notional), 3 hold puts ($3.9m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 165Q4 22: 179Q1 23: 209Q2 23: 216Q3 23: 220Q4 23: 229Q1 24: 223Q2 24: 220Q3 24: 206Q4 24: 228Q1 25: 204204Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022165
Q4 2022179
Q1 2023209
Q2 2023216
Q3 2023220
Q4 2023229
Q1 2024223
Q2 2024220
Q3 2024206
Q4 2024228
Q1 2025204

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 97 bought or addedQ2 23: 84 cut or sold outQ3 23: 100 bought or addedQ3 23: 87 cut or sold outQ3 23Q4 23: 92 bought or addedQ4 23: 90 cut or sold outQ1 24: 92 bought or addedQ1 24: 112 cut or sold outQ1 24Q2 24: 90 bought or addedQ2 24: 91 cut or sold outQ3 24: 71 bought or addedQ3 24: 102 cut or sold outQ3 24Q4 24: 82 bought or addedQ4 24: 87 cut or sold outQ1 25: 73 bought or addedQ1 25: 112 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20239784
Q3 202310087
Q4 20239290
Q1 202492112
Q2 20249091
Q3 202471102
Q4 20248287
Q1 202573112

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ2 24 calls: $5.4mQ2 24 puts: $3.8mQ2 24P/C 0.71Q3 24 calls: $7.5mQ3 24 puts: $6.1mQ3 24P/C 0.81Q4 24 calls: $10.1mQ4 24 puts: $7.1mQ4 24P/C 0.70Q1 25 calls: $7.5mQ1 25 puts: $3.9mQ1 25P/C 0.52
Numbers
QuarterCallsPutsP/C
Q2 2024$5.4m$3.8m0.71
Q3 2024$7.5m$6.1m0.81
Q4 2024$10.1m$7.1m0.70
Q1 2025$7.5m$3.9m0.52

Biggest buyers

Janney Montgomery Scott LLC New +19,120+19.1k
Tower Research Capital LLC (TRC) Added +12,002+12.0k
GOLDMAN SACHS GROUP INC Added +10,760+10.8k
ROYAL BANK OF CANADA Added +7,852+7.9k
AMERIPRISE FINANCIAL INC Added +7,459+7.5k
Cetera Investment Advisers Added +7,390+7.4k
Global Assets Advisory, LLC Added +7,142+7.1k
Kingsview Wealth Management, LLC Added +5,756+5.8k
PNC Financial Services Group, Inc. Added +5,659+5.7k
JANE STREET GROUP, LLC Added +5,434+5.4k

Biggest sellers

LPL Financial LLC Reduced -55,817-55.8k
Kestra Advisory Services, LLC Reduced -32,881-32.9k
BANK OF AMERICA CORP /DE/ Reduced -27,429-27.4k
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Reduced -22,630-22.6k
WELLS FARGO & COMPANY/MN Reduced -18,964-19.0k
World Investment Advisors Reduced -14,707-14.7k
Intrepid Financial Planning Group LLC Sold out -13,339-13.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -9,032-9.0k
RAYMOND JAMES FINANCIAL INC Reduced -8,716-8.7k
AFFINITY WEALTH MANAGEMENT LLC Sold out -8,000-8.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.8m28.7k shares
CITADEL ADVISORS LLC Added $1.3m6.6k shares
Belvedere Trading LLC New $421.6k2.1k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.0m9.8k shares
CITADEL ADVISORS LLC Added $1.9m9.7k shares
Belvedere Trading LLC New $20.1k100 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 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 215,251215.3k $43.2m $43.2m 0.02% Reduced -55.8k -55,817
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 188,714188.7k $37.9m $37.9m 0.00% Reduced -5.8k -5,818
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 87,83887.8k $17.6m $17.6m 0.00% Reduced -27.4k -27,429
4 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 80,97481.0k $16.2m $16.2m 0.00% Added +7.5k +7,459
5 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 76,94776.9k $15.4m $15.4m 0.00% Reduced -19.0k -18,964
6 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 74,14474.1k $14.9m $14.9m 0.01% Added +5.7k +5,659
7 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 66,37266.4k $13.3m $13.3m 0.00% Added +10.8k +10,760
8 Kingsview Wealth Management, LLC 0.22% of their portfolio GRANTS PASS, OR 58,70758.7k $11.8m $11.8m 0.22% Added +5.8k +5,756
9 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 51,13251.1k $10.3m $10.3m 0.01% First filing
10 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 47,55847.6k $9.5m $9.5m 0.00% Reduced -8.7k -8,716
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 46,94346.9k $9.4m $9.4m 0.00% Reduced -810 -810
12 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 45,24945.2k $9.1m $9.1m 0.02% Added +7.4k +7,390
13 Hobart Private Capital, LLC 2.26% of their portfolio CHARLOTTE, NC 44,98145.0k $9.0m $9.0m 2.26% Reduced -130 -130
14 McGuire Investment Group, LLC 1.24% of their portfolio WAKEFIELD, RI 41,43441.4k $8.3m $8.3m 1.24% Added +437 +437
15 Adams Wealth Management 1.46% of their portfolio LOGAN, UT 37,11537.1k $7.5m $7.5m 1.46% Added +2.4k +2,408
16 CacheTech Inc. 1.45% of their portfolio LOGAN, UT 37,11537.1k $7.5m $7.5m 1.45% Added +2.4k +2,408
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 35,98636.0k $7.2m $7.2m 0.00% Added +7.9k +7,852
18 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 32,61232.6k $6.6m $6.6m 0.01% Added +2.8k +2,819
19 MGB Wealth Management, LLC 2.36% of their portfolio ADDISON, TX 32,55232.6k $6.5m $6.5m 2.36% Reduced -442 -442
20 First Interstate Bank 0.35% of their portfolio Billings, MT 29,36729.4k $5.9m $5.9m 0.35% Reduced -2.5k -2,520
21 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 28,94428.9k $5.8m $5.8m 0.02% Reduced -778 -778
22 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 26,71726.7k $5.4m $5.4m 0.01% Added +3.2k +3,248
23 Dale Q Rice Investment Management Ltd 2.30% of their portfolio VANCOUVER, WA 22,14522.1k $4.4m $4.4m 2.30% Reduced -540 -540
24 JMAC ENTERPRISES LLC 1.00% of their portfolio NEWTOWN, PA 20,94120.9k $4.2m $4.2m 1.00% Added +768 +768
25 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 20,30720.3k $4.1m $4.1m 0.00% Reduced -4.9k -4,906
26 Yarbrough Capital, LLC 0.17% of their portfolio FRANKLIN, TN 20,26320.3k $4.1m $4.1m 0.17% Unchanged
27 CoreCap Advisors, LLC 0.18% of their portfolio SOUTHFIELD, MI 20,22720.2k $4.1m $4.1m 0.18% Added +1.1k +1,103
28 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 19,82919.8k $4.0m $4.0m 0.00% Reduced -1.3k -1,333
29 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 19,12019.1k $3.8m $3.8m 0.01% New
30 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 18,25718.3k $3.7m $3.7m 0.00% Reduced -6.0k -6,018
31 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 17,59517.6k $3.5m $3.5m 0.01% Reduced -1.4k -1,370
32 SFI Advisors, LLC 2.52% of their portfolio Montclair, NJ 16,97617.0k $3.4m $3.4m 2.52% Reduced -3.4k -3,390
33 MONEY CONCEPTS CAPITAL CORP 0.24% of their portfolio PALM BEACH GARDENS, FL 15,74715.7k $3.2m $3.2m 0.24% Reduced -1.5k -1,547
34 Tower Research Capital LLC (TRC) 0.09% of their portfolio NEW YORK, NY 15,13015.1k $3.0m $3.0m 0.09% Added +12.0k +12,002
35 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 14,58014.6k $2.9m $2.9m 0.00% Reduced -435 -435
36 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 14,32914.3k $2.9m $2.9m 0.01% Reduced -1.7k -1,656
37 Global Assets Advisory, LLC 0.42% of their portfolio ORLANDO, FL 12,05012.1k $2.2m $2.2m 0.42% Added +7.1k +7,142
38 Beaumont Asset Management, L.L.C. 1.39% of their portfolio BEAUMONT, TX 11,48111.5k $2.3m $2.3m 1.39% Reduced -123 -123
39 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 11,20111.2k $2.2m $2.2m 0.00% Reduced -4.5k -4,456
40 BlackRock, Inc. 0.00% of their portfolio New York, NY 9,2359.2k $1.9m $1.9m 0.00% Added +159 +159
41 CHEMUNG CANAL TRUST CO 0.40% of their portfolio ELMIRA, NY 9,0229.0k $1.8m $1.8m 0.40% Reduced -499 -499
42 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 8,9358.9k $1.8m $1.8m 0.00% Reduced -9.0k -9,032
43 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 8,6158.6k $1.7m $1.7m 0.00% Added +567 +567
44 HARBOR ADVISORY CORP /MA/ 0.53% of their portfolio PORTSMOUTH, NH 7,8897.9k $1.6m $1.6m 0.53% Unchanged
45 Gerber Kawasaki Wealth & Investment Management 0.07% of their portfolio SANTA MONICA, CA 7,6027.6k $1.5m $1.5m 0.07% Reduced -410 -410
46 Mariner, LLC 0.00% of their portfolio Overland Park, KS 7,3207.3k $1.5m $1.5m 0.00% Added +274 +274
47 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 6,4606.5k $1.3m $1.3m 0.00% Added +5.4k +5,434
48 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 6,1576.2k $1.2m $1.2m 0.01% Reduced -32.9k -32,881
49 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 6,0006.0k $1.2m $1.2m 0.00% Added +4.7k +4,700
50 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 5,9896.0k $1.2m $1.2m 0.01% Reduced -378 -378
51 CHATHAM CAPITAL GROUP, INC. 0.19% of their portfolio SAVANNAH, GA 5,6175.6k $1.1m $1.1m 0.19% Reduced -621 -621
52 Fort Point Capital Partners LLC 0.12% of their portfolio San Francisco, CA 5,3555.4k $1.1m $1.1m 0.12% Added +702 +702
53 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 5,2905.3k $1.1m $1.1m 0.00% Added +191 +191
54 IHT Wealth Management, LLC 0.03% of their portfolio Chicago, IL 5,0695.1k $1.0m $1.0m 0.03% Reduced -279 -279
55 Merit Financial Group, LLC 0.02% of their portfolio ALPHARETTA, GA 5,0325.0k $1.0m $1.0m 0.02% Added +646 +646
56 Empowered Funds, LLC 0.01% of their portfolio NEWTOWN SQUARE, PA 4,6784.7k $939.2k $939.2k 0.01% New
57 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 4,5944.6k $922.3k $922.3k 0.00% Added +98 +98
58 ARKANSAS FINANCIAL GROUP, INC. 0.13% of their portfolio LITTLE ROCK, AR 4,4674.5k $780.0k $780.0k 0.13% Reduced -127 -127
59 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 4,3284.3k $869.0k $869.0k 0.01% Added +612 +612
60 Apollon Wealth Management, LLC 0.02% of their portfolio MOUNT PLEASANT, SC 4,1284.1k $828.7k $828.7k 0.02% Reduced -345 -345
61 Chicago Partners Investment Group LLC 0.03% of their portfolio CHICAGO, IL 4,0324.0k $813.4k $813.4k 0.03% Added +2 +2
62 Sharper & Granite LLC 0.32% of their portfolio EL SEGUNDO, CA 3,8653.9k $776.0k $776.0k 0.32% Reduced -440 -440
63 EP Wealth Advisors, LLC 0.01% of their portfolio TORRANCE, CA 3,6983.7k $742.4k $742.4k 0.01% Reduced -238 -238
64 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 3,6043.6k $723.6k $723.6k 0.01% Added +79 +79
65 Regent Peak Wealth Advisors LLC 0.17% of their portfolio ATLANTA, GA 3,5253.5k $707.7k $707.7k 0.17% Reduced -3.5k -3,525
66 Patton Albertson Miller Group, LLC 0.10% of their portfolio Chattanooga, TN 3,4683.5k $696.3k $696.3k 0.10% Unchanged
67 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 3,2363.2k $649.7k $649.7k 0.00% Added +11 +11
68 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 3,2143.2k $645.3k $645.3k 0.01% Added +984 +984
69 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 3,1693.2k $636.5k $636.5k 0.00% Reduced -737 -737
70 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 3,1053.1k $623.4k $623.4k 0.00% Reduced -124 -124
71 Prime Capital Investment Advisors, LLC 0.01% of their portfolio OVERLAND PARK, KS 3,0603.1k $614.3k $614.3k 0.01% Added +11 +11
72 Global Financial Private Client, LLC 0.23% of their portfolio Sarasota, FL 3,0533.1k $613.0k $613.0k 0.23% Reduced -68 -68
73 Beacon Financial Advisory LLC 0.18% of their portfolio CLEVELAND, OH 2,9873.0k $599.7k $599.7k 0.18% Added +2 +2
74 Fifth Third Securities, Inc. 0.05% of their portfolio Cincinnati, OH 2,8402.8k $570.2k $570.2k 0.05% Added +542 +542
75 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 2,7812.8k $558.3k $558.3k 0.00% Unchanged
76 Sovran Advisors, LLC 0.06% of their portfolio SAN DIEGO, CA 2,7212.7k $470.2k $470.2k 0.06% Reduced -15 -15
77 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 2,5702.6k $516.0k $516.0k 0.00% Unchanged
78 Rathbones Group PLC 0.00% of their portfolio Liverpool, X0 2,5682.6k $515.6k $515.6k 0.00% Unchanged
79 Bawa N Mallick Trust 0.24% of their portfolio FOREST HILLS, NY 2,5002.5k $501.9k $501.9k 0.24% Unchanged
80 CENTAURUS FINANCIAL, INC. 0.03% of their portfolio ANAHEIM, CA 2,4442.4k $491.0k $491.0k 0.03% Reduced -618 -618
81 Soltis Investment Advisors LLC 0.04% of their portfolio ST. GEORGE, UT 2,4332.4k $488.5k $488.5k 0.04% Added +33 +33
82 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 2,4122.4k $487.5k $487.5k 0.00% Reduced -165 -165
83 Foundations Investment Advisors, LLC 0.01% of their portfolio PHOENIX, AZ 2,3012.3k $461.9k $461.9k 0.01% New
84 Argent Trust Co 0.02% of their portfolio NASHVILLE, TN 2,3002.3k $461.8k $461.8k 0.02% Reduced -500 -500
85 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 2,2402.2k $449.7k $449.7k 0.00% Added +86 +86
86 Kaizen Financial Strategies 0.24% of their portfolio CAMPBELL, CA 2,0752.1k $416.6k $416.6k 0.24% Added +950 +950
87 M3 Advisory Group, LLC 0.33% of their portfolio NEEDHAM HEIGHTS, MA 2,0572.1k $413.0k $413.0k 0.33% Reduced -20 -20
88 PEAPACK GLADSTONE FINANCIAL CORP 0.01% of their portfolio BEDMINSTER, NJ 2,0002.0k $402.0k $402.0k 0.01% Unchanged
89 AGP FRANKLIN, LLC 0.22% of their portfolio FRANKLIN, TN 1,9822.0k $353.9k $353.9k 0.22% Added +78 +78
90 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio ORLANDO, FL 1,9682.0k $395.2k $395.2k 0.03% Reduced -305 -305
91 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 1,9371.9k $388.0k $388.0k 0.00% Reduced -255 -255
92 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 1,9321.9k $387.9k $387.9k 0.00% New
93 Stonebridge Financial Planning Group, LLC 0.16% of their portfolio ORLANDO, FL 1,8001.8k $361.4k $361.4k 0.16% Reduced -125 -125
94 SOA Wealth Advisors, LLC. 0.07% of their portfolio NEW YORK, NY 1,7691.8k $355.2k $355.2k 0.07% Added +1 +1
95 SONATA CAPITAL GROUP INC 0.15% of their portfolio SEATTLE, WA 1,7501.8k $351.0k $351.0k 0.15% Unchanged
96 Manchester Capital Management LLC 0.04% of their portfolio MANCHESTER, VT 1,7501.8k $351.3k $351.3k 0.04% Unchanged
97 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,7121.7k $343.7k $343.7k 0.00% Reduced -675 -675
98 FLPUTNAM INVESTMENT MANAGEMENT CO 0.01% of their portfolio PORTLAND, ME 1,6751.7k $336.3k $336.3k 0.01% New
99 Biltmore Family Office, LLC 0.06% of their portfolio CHARLOTTE, NC 1,6501.6k $331.3k $331.3k 0.06% Unchanged
100 BENJAMIN EDWARDS INC 0.00% of their portfolio Clayton, MO 1,6431.6k $329.9k $329.9k 0.00% Reduced -60 -60