Vault-13

SPDR SER TR XHB

S&P HOMEBUILD · ETP · CUSIP 78464A888

244 institutional holders +3 vs Q2 2023
26,189,38626.2m shares reported held*
$2.0bnreported value*
44 new 74 added 83 reduced 42 sold out net bought ≈ $468.8m (+6.1m 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 ($23.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $76.58. Options: 20 managers hold calls ($490.8m notional), 39 hold puts ($1.1bn).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 183Q4 22: 193Q1 23: 204Q2 23: 241Q3 23: 244244Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022183
Q4 2022193
Q1 2023204
Q2 2023241
Q3 2023244

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 65 bought or addedQ4 22: 92 cut or sold outQ4 22Q1 23: 112 bought or addedQ1 23: 86 cut or sold outQ1 23Q2 23: 134 bought or addedQ2 23: 81 cut or sold outQ2 23Q3 23: 118 bought or addedQ3 23: 125 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226592
Q1 202311286
Q2 202313481
Q3 2023118125

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bnQ4 22 calls: $120.7mQ4 22 puts: $332.1mQ4 22P/C 2.75Q1 23 calls: $297.9mQ1 23 puts: $634.5mQ1 23P/C 2.13Q2 23 calls: $212.0mQ2 23 puts: $1.2bnQ2 23P/C 5.47Q3 23 calls: $490.8mQ3 23 puts: $1.1bnQ3 23P/C 2.19
Numbers
QuarterCallsPutsP/C
Q4 2022$120.7m$332.1m2.75
Q1 2023$297.9m$634.5m2.13
Q2 2023$212.0m$1.2bn5.47
Q3 2023$490.8m$1.1bn2.19

Biggest buyers

GOLDMAN SACHS GROUP INC Added +1,804,112+1.8m
CITIGROUP INC Added +1,638,657+1.6m
PRICE T ROWE ASSOCIATES INC /MD/ New +995,675+995.7k
BARCLAYS PLC Added +800,812+800.8k
JPMORGAN CHASE & CO Added +756,689+756.7k
BANK OF AMERICA CORP /DE/ Added +674,820+674.8k
MORGAN STANLEY Added +377,788+377.8k
Squarepoint Ops LLC New +326,983+327.0k
Qube Research & Technologies Ltd New +286,598+286.6k
UBS Group AG Added +274,463+274.5k

Biggest sellers

TORONTO DOMINION BANK Reduced -800,000-800.0k
BW Gestao de Investimentos Ltda. Sold out -329,960-330.0k
Schonfeld Strategic Advisors LLC Reduced -284,898-284.9k
BANK OF NOVA SCOTIA Sold out -280,280-280.3k
ENVESTNET ASSET MANAGEMENT INC Reduced -162,315-162.3k
BNP PARIBAS FINANCIAL MARKETS Reduced -158,772-158.8k
Q3 Asset Management Sold out -140,976-141.0k
MEITAV INVESTMENT HOUSE LTD Reduced -133,693-133.7k
CITADEL ADVISORS LLC Reduced -128,129-128.1k
Ergoteles LLC Sold out -122,345-122.3k

Biggest calls

CITADEL ADVISORS LLC Added $127.6m1.7m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $69.5m907.2k shares
UBS Group AG Added $58.0m757.0k shares
BANK OF AMERICA CORP /DE/ Added $55.7m727.0k shares
BNP PARIBAS FINANCIAL MARKETS New $45.9m6.0k shares
Parallax Volatility Advisers, L.P. Added $31.5m411.2k shares
CAPITAL FUND MANAGEMENT S.A. Added $29.2m382.0k shares
Squarepoint Ops LLC Added $25.4m332.2k shares
BARCLAYS PLC New $11.5m150.0k shares
PEAK6 Investments LLC Added $10.3m134.0k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $281.4m3.7m shares
ROYAL BANK OF CANADA Added $108.5m1.4m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $89.7m1.2m shares
Parallax Volatility Advisers, L.P. Added $73.3m957.3k shares
Point72 Asset Management, L.P. Reduced $68.9m900.0k shares
BRIGADE CAPITAL MANAGEMENT, LP New $65.9m860.0k shares
Broad Peak Investment Holdings Ltd. New $45.6m596.0k shares
CAPITAL FUND MANAGEMENT S.A. Added $40.7m531.0k shares
GOLDMAN SACHS GROUP INC New $36.0m470.0k shares
UBS Group AG Reduced $35.4m462.0k 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GOLDMAN SACHS GROUP INC 0.09% of their portfolio NEW YORK, NY 4,703,8944.7m $360.2m $360.2m 0.09% Added +1.8m +1,804,112
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 2,770,3522.8m $212.1m $212.1m 0.02% Added +377.8k +377,788
3 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 2,725,3042.7m $208.7m $208.7m 0.03% Added +674.8k +674,820
4 CITIGROUP INC 0.22% of their portfolio NEW YORK, NY 2,038,9522.0m $156.1m $156.1m 0.22% Added +1.6m +1,638,657
5 BARCLAYS PLC 0.06% of their portfolio LONDON, X0 1,301,1921.3m $99.6m $99.6m 0.06% Added +800.8k +800,812
6 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,110,3461.1m $85.0m $85.0m 0.01% Added +756.7k +756,689
7 NATIXIS 0.67% of their portfolio PARIS, I0 1,100,5971.1m $84.3m $84.3m 0.67% Added +250.0k +250,000
8 TORONTO DOMINION BANK 0.07% of their portfolio TORONTO, ONTARIO, A6 1,100,0001.1m $84.2m $84.2m 0.07% Reduced -800.0k -800,000
9 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 995,675995.7k $76.2m $76.2m 0.01% New
10 BNP PARIBAS FINANCIAL MARKETS 0.13% of their portfolio PARIS, I0 753,458753.5k $57.7m $57.7m 0.13% Reduced -158.8k -158,772
11 UBS Group AG 0.02% of their portfolio ZURICH, V8 602,545602.5k $46.1m $46.1m 0.02% Added +274.5k +274,463
12 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.16% of their portfolio TORONTO, A6 465,000465.0k $35.6m $35.6m 0.16% Unchanged
13 STATE OF MICHIGAN RETIREMENT SYSTEM 0.18% of their portfolio EAST LANSING, MI 370,000370.0k $28.3m $28.3m 0.18% Added +140.0k +140,000
14 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 349,296349.3k $26.7m $26.7m 0.02% Added +30.3k +30,332
15 Squarepoint Ops LLC 0.12% of their portfolio NEW YORK, NY 326,983327.0k $25.0m $25.0m 0.12% New
16 SG Americas Securities, LLC 0.31% of their portfolio NEW YORK, NY 307,508307.5k $23.5m $23.5m 0.31% Reduced -147 -147
17 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 292,034292.0k $22.4m $22.4m 0.01% Added +204.0k +204,023
18 Qube Research & Technologies Ltd 0.07% of their portfolio LONDON, X0 286,598286.6k $21.9m $21.9m 0.07% New
19 AFFINITY WEALTH MANAGEMENT LLC 4.12% of their portfolio WILMINGTON, DE 233,786233.8k $17.9m $17.9m 4.12% Added +20.7k +20,673
20 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 214,851214.9k $16.4m $16.4m 0.01% Added +144.0k +144,001
21 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 207,565207.6k $15.9m $15.9m 0.02% Unchanged
22 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 160,194160.2k $12.3m $12.3m 0.01% New
23 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 140,016140.0k $10.7m $10.7m 0.00% Reduced -162.3k -162,315
24 MEITAV INVESTMENT HOUSE LTD 0.17% of their portfolio BENE-BERAQ, L3 133,693133.7k $10.4m $10.4m 0.17% Reduced -133.7k -133,693
25 CASTLEARK MANAGEMENT LLC 0.52% of their portfolio CHICAGO, IL 132,200132.2k $10.1m $10.1m 0.52% Unchanged
26 Chicago Wealth Management, Inc. 7.29% of their portfolio CHICAGO, IL 120,804120.8k $9.2m $9.2m 7.29% Reduced -1.7k -1,735
27 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 117,469117.5k $9.0m $9.0m 0.01% Reduced -128.1k -128,129
28 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 115,581115.6k $8.9m $8.9m 0.02% Reduced -476 -476
29 Quantitative Investment Management, LLC 1.14% of their portfolio CHARLOTTESVILLE, VA 96,55896.6k $7.4m $7.4m 1.14% New
30 Intrua Financial, LLC 1.33% of their portfolio Houston, TX 96,06996.1k $7.4m $7.4m 1.33% Reduced -2.0k -2,005
31 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 95,62795.6k $7.3m $7.3m 0.01% Added +29.9k +29,926
32 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 92,27692.3k $7.1m $7.1m 0.01% Reduced -13.2k -13,193
33 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 91,14191.1k $7.0m $7.0m 0.01% Added +6.8k +6,849
34 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 0.52% of their portfolio Tel Aviv, L3 90,66590.7k $7.0m $7.0m 0.52% Unchanged
35 Phoenix Financial Ltd. 0.06% of their portfolio Givatayim, L3 86,50086.5k $6.6m $6.6m 0.06% Added +36.7k +36,728
36 GUARDIAN CAPITAL ADVISORS LP 0.71% of their portfolio TORONTO, A6 81,69081.7k $6.3m $6.3m 0.71% New
37 Parallax Volatility Advisers, L.P. 0.22% of their portfolio San Francisco, CA 80,05580.1k $6.1m $6.1m 0.22% Added +80.1k +80,054
38 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 75,60075.6k $5.8m $5.8m 0.00% Added +22.0k +21,963
39 Gerber Kawasaki Wealth & Investment Management 0.35% of their portfolio SANTA MONICA, CA 67,66567.7k $5.2m $5.2m 0.35% Reduced -9.6k -9,610
40 Atom Investors LP 1.13% of their portfolio AUSTIN, TX 65,00065.0k $5.0m $5.0m 1.13% New
41 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 64,90264.9k $5.0m $5.0m 0.04% Reduced -13.8k -13,786
42 J. Goldman & Co LP 0.24% of their portfolio NEW YORK, NY 63,86063.9k $4.9m $4.9m 0.24% Reduced -22.6k -22,586
43 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 62,39062.4k $4.8m $4.8m 0.02% Reduced -12.5k -12,510
44 BECK CAPITAL MANAGEMENT, LLC 1.78% of their portfolio AUSTIN, TX 60,30360.3k $4.6m $4.6m 1.78% Added +3.9k +3,925
45 Viewpoint Capital Management LLC 3.04% of their portfolio SEATTLE, WA 49,64249.6k $3.8m $3.8m 3.04% Added +250 +250
46 One Capital Management, LLC 0.17% of their portfolio WESTLAKE VILLAGE, CA 48,82748.8k $3.7m $3.7m 0.17% New
47 SPC Financial, Inc. 0.39% of their portfolio ROCKVILLE, MD 44,82144.8k $3.4m $3.4m 0.39% Added +1.3k +1,344
48 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 41,57341.6k $3.2m $3.2m 0.00% Added +2.6k +2,556
49 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 36,93536.9k $2.8m $2.8m 0.00% Reduced -1.4k -1,426
50 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 35,21935.2k $2.7m $2.7m 0.01% Added +14.1k +14,100
51 CWM, LLC 0.02% of their portfolio OMAHA, NE 35,01335.0k $2.7m $2.7m 0.02% Added +30.9k +30,939
52 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 0.56% of their portfolio Tel Aviv, L3 33,66933.7k $2.6m $2.6m 0.56% Unchanged
53 North Star Investment Management Corp. 0.21% of their portfolio CHICAGO, IL 33,01233.0k $2.5m $2.5m 0.21% Added +551 +551
54 Sowell Financial Services LLC 0.15% of their portfolio NORTH LITTLE ROCK, AR 31,92331.9k $2.4m $2.4m 0.15% New
55 Atria Wealth Solutions, Inc. 0.03% of their portfolio NEW YORK, NY 31,91831.9k $2.4m $2.4m 0.03% Reduced -16.1k -16,128
56 Schonfeld Strategic Advisors LLC 0.02% of their portfolio NEW YORK, NY 31,83631.8k $2.4m $2.4m 0.02% Reduced -284.9k -284,898
57 Clark Capital Management Group, Inc. 0.02% of their portfolio PHILADELPHIA, PA 31,38231.4k $2.4m $2.4m 0.02% Reduced -115.0k -115,020
58 Empowered Funds, LLC 0.07% of their portfolio NEWTOWN SQUARE, PA 29,81629.8k $2.3m $2.3m 0.07% Reduced -98.8k -98,792
59 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 29,77529.8k $2.3m $2.3m 0.00% Reduced -85.6k -85,563
60 Silverleafe Capital Partners, LLC 1.16% of their portfolio GERMANTOWN, TN 29,64329.6k $2.3m $2.3m 1.16% New
61 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 29,23429.2k $2.2m $2.2m 0.01% Reduced -6.1k -6,054
62 TOTH FINANCIAL ADVISORY CORP 0.29% of their portfolio LEESBURG, VA 25,21125.2k $1.9m $1.9m 0.29% Reduced -444 -444
63 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 24,98225.0k $1.9m $1.9m 0.00% Reduced -29.3k -29,328
64 MIRABELLA FINANCIAL SERVICES LLP 0.27% of their portfolio London, X0 24,96025.0k $1.9m $1.9m 0.27% New
65 Palumbo Wealth Management LLC 1.05% of their portfolio GREAT NECK, NY 24,90024.9k $1.9m $1.9m 1.05% Unchanged
66 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 24,78824.8k $1.9m $1.9m 0.01% Added +12.1k +12,072
67 Ellis Investment Partners, LLC 0.49% of their portfolio Berwyn, PA 24,66924.7k $1.9m $1.9m 0.49% Added +86 +86
68 Advisor OS, LLC 0.28% of their portfolio CHICAGO, IL 24,43024.4k $1.9m $1.9m 0.28% Reduced -450 -450
69 Trexquant Investment LP 0.05% of their portfolio STAMFORD, CT 24,31224.3k $1.9m $1.9m 0.05% Added +21.3k +21,282
70 First Nebraska Trust Co 0.22% of their portfolio LINCOLN, NE 22,73722.7k $1.7m $1.7m 0.22% New
71 UDINE WEALTH MANAGEMENT, INC. 1.58% of their portfolio BOCA RATON, FL 21,28521.3k $1.6m $1.6m 1.58% Added +171 +171
72 CENTAURUS FINANCIAL, INC. 0.14% of their portfolio ANAHEIM, CA 20,80920.8k $1.6m $1.6m 0.14% Reduced -834 -834
73 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 20,69420.7k $1.6m $1.6m 0.01% Reduced -23.8k -23,788
74 Sigma Planning Corp 0.06% of their portfolio ANN ARBOR, MI 20,09020.1k $1.5m $1.5m 0.06% Added +10.5k +10,548
75 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 19,71419.7k $1.5m $1.5m 0.02% Reduced -4.9k -4,866
76 Fulcrum Equity Management 1.76% of their portfolio PLANO, TX 19,62219.6k $1.5m $1.5m 1.76% Reduced -657 -657
77 Windham Capital Management, LLC 0.60% of their portfolio BOSTON, MA 19,52119.5k $1.5m $1.5m 0.60% Added +46 +46
78 Institute for Wealth Management, LLC. 0.24% of their portfolio DENVER, CO 17,44817.4k $1.3m $1.3m 0.24% Reduced -174 -174
79 Horizon Wealth Management, LLC 0.53% of their portfolio LA GRANGE, IL 17,24417.2k $1.3m $1.3m 0.53% Reduced -1.9k -1,895
80 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 16,83016.8k $1.3m $1.3m 0.00% Added +371 +371
81 Belpointe Asset Management LLC 0.13% of their portfolio RENO, NV 16,35416.4k $1.3m $1.3m 0.13% New
82 EWG Elevate Inc. 0.55% of their portfolio ROSEVILLE, CA 15,95916.0k $1.2m $1.2m 0.55% Reduced -50.1k -50,103
83 TWO SIGMA SECURITIES, LLC 0.05% of their portfolio NEW YORK, NY 15,54915.5k $1.2m $1.2m 0.05% Added +8.1k +8,064
84 Advisory Services Network, LLC 0.03% of their portfolio ATLANTA, GA 14,90814.9k $1.1m $1.1m 0.03% Reduced -1.9k -1,947
85 MEANS INVESTMENT CO., INC. 0.18% of their portfolio BANGOR, ME 14,40914.4k $1.1m $1.1m 0.18% New
86 Merit Financial Group, LLC 0.04% of their portfolio ALPHARETTA, GA 14,18414.2k $1.1m $1.1m 0.04% Added +713 +713
87 Financial Advocates Investment Management 0.08% of their portfolio OLYMPIA, WA 13,90713.9k $1.1m $1.1m 0.08% Added +7.5k +7,520
88 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 13,55513.6k $1.0m $1.0m 0.01% Added +26 +26
89 Truadvice, LLC 0.40% of their portfolio SARASOTA, FL 13,13213.1k $1.0m $1.0m 0.40% Reduced -17.4k -17,402
90 GTS SECURITIES LLC 0.02% of their portfolio NEW YORK, NY 13,07013.1k $1.0m $1.0m 0.02% Reduced -5.6k -5,592
91 PATHSTONE FAMILY OFFICE, LLC 0.01% of their portfolio ENGLEWOOD, NJ 12,70012.7k $972.4k $972.4k 0.01% New
92 CHARTIST INC /CA/ 0.55% of their portfolio SEAL BEACH, CA 12,07212.1k $924.4k $924.4k 0.55% Reduced -1.5k -1,513
93 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 11,61511.6k $889.4k $889.4k 0.02% Added +3.1k +3,061
94 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 11,50411.5k $880.9k $880.9k 0.00% Added +2 +2
95 JAMES INVESTMENT RESEARCH, INC. 0.11% of their portfolio ALPHA, OH 11,20011.2k $857.6k $857.6k 0.11% Reduced -727 -727
96 LEUTHOLD GROUP, LLC 0.12% of their portfolio MINNEAPOLIS, MN 11,17711.2k $855.8k $855.8k 0.12% Reduced -396 -396
97 Zhang Financial LLC 0.09% of their portfolio PORTAGE, MI 11,03011.0k $844.6k $844.6k 0.09% Unchanged
98 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 10,73510.7k $822.0k $822.0k 0.01% Reduced -16.4k -16,382
99 Opal Wealth Advisors, LLC 0.48% of their portfolio JERICHO, NY 10,61710.6k $812.9k $812.9k 0.48% Reduced -665 -665
100 GARRISON POINT ADVISORS, LLC 0.62% of their portfolio Walnut Creek, CA 10,43010.4k $798.6k $798.6k 0.62% Reduced -200 -200