Vault-13

SPDR SER TR XHB

S&P HOMEBUILD · ETP · CUSIP 78464A888

282 institutional holders +38 vs Q3 2023
22,769,67622.8m shares reported held*
$2.2bnreported value*
67 new 84 added 78 reduced 38 sold out net sold ≈ $329.2m (-3.4m 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 ($301.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $95.63. Options: 19 managers hold calls ($560.3m notional), 37 hold puts ($1.9bn).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 183Q4 22: 193Q1 23: 204Q2 23: 241Q3 23: 244Q4 23: 282282Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022183
Q4 2022193
Q1 2023204
Q2 2023241
Q3 2023244
Q4 2023282

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 23Q4 23: 151 bought or addedQ4 23: 116 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226592
Q1 202311286
Q2 202313481
Q3 2023118125
Q4 2023151116

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bn$2bnQ1 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 2.19Q4 23 calls: $560.3mQ4 23 puts: $1.9bnQ4 23P/C 3.30
Numbers
QuarterCallsPutsP/C
Q1 2023$297.9m$634.5m2.13
Q2 2023$212.0m$1.2bn5.47
Q3 2023$490.8m$1.1bn2.19
Q4 2023$560.3m$1.9bn3.30

Biggest buyers

JPMORGAN CHASE & CO Added +2,775,678+2.8m
JANE STREET GROUP, LLC Added +279,833+279.8k
Balyasny Asset Management L.P. New +276,559+276.6k
Raymond James Financial Services Advisors, Inc. Added +263,659+263.7k
Price Capital Management, Inc. New +239,590+239.6k
BNP PARIBAS FINANCIAL MARKETS Added +221,137+221.1k
Ikarian Capital, LLC New +200,000+200.0k
CITADEL ADVISORS LLC Added +178,781+178.8k
Q3 Asset Management New +149,338+149.3k
Walleye Trading LLC New +112,085+112.1k

Biggest sellers

CITIGROUP INC Reduced -1,815,875-1.8m
BANK OF AMERICA CORP /DE/ Reduced -1,369,065-1.4m
TORONTO DOMINION BANK Sold out -1,100,000-1.1m
GOLDMAN SACHS GROUP INC Reduced -873,678-873.7k
MORGAN STANLEY Reduced -858,230-858.2k
BARCLAYS PLC Reduced -598,310-598.3k
NATIXIS Reduced -500,000-500.0k
STATE OF MICHIGAN RETIREMENT SYSTEM Sold out -370,000-370.0k
Squarepoint Ops LLC Sold out -326,983-327.0k
UBS Group AG Reduced -303,788-303.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $109.3m1.1m shares
CITADEL ADVISORS LLC Reduced $108.5m1.1m shares
PEAK6 Investments LLC Added $60.6m633.1k shares
Squarepoint Ops LLC Added $58.9m615.9k shares
UBS Group AG Reduced $42.7m446.3k shares
NOMURA HOLDINGS INC New $31.4m328.3k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $29.2m305.7k shares
BNP PARIBAS FINANCIAL MARKETS Reduced $28.7m3.0k shares
Parallax Volatility Advisers, L.P. Reduced $21.9m228.9k shares
WOLVERINE TRADING, LLC New $20.5m214.8k shares

Biggest puts

Balyasny Asset Management L.P. Added $344.4m3.6m shares
CITADEL ADVISORS LLC Reduced $299.4m3.1m shares
BARCLAYS PLC New $260.7m2.7m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $160.9m1.7m shares
Candlestick Capital Management LP Added $114.8m1.2m shares
BRIGADE CAPITAL MANAGEMENT, LP Added $83.3m870.8k shares
CITIGROUP INC Added $64.6m675.0k shares
PAYDEN & RYGEL New $63.2m6.6k shares
Squarepoint Ops LLC Added $44.1m461.4k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $43.8m457.4k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 3,886,0243.9m $371.7m $371.7m 0.02% Added +2.8m +2,775,678
2 GOLDMAN SACHS GROUP INC 0.08% of their portfolio NEW YORK, NY 3,830,2163.8m $366.4m $366.4m 0.08% Reduced -873.7k -873,678
3 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,912,1221.9m $182.9m $182.9m 0.01% Reduced -858.2k -858,230
4 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,356,2391.4m $129.7m $129.7m 0.01% Reduced -1.4m -1,369,065
5 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 995,680995.7k $95.2m $95.2m 0.01% Added +5 +5
6 BNP PARIBAS FINANCIAL MARKETS 0.17% of their portfolio PARIS, I0 974,595974.6k $93.2m $93.2m 0.17% Added +221.1k +221,137
7 BARCLAYS PLC 0.03% of their portfolio LONDON, X0 702,882702.9k $67.2m $67.2m 0.03% Reduced -598.3k -598,310
8 NATIXIS 0.44% of their portfolio PARIS, I0 600,597600.6k $57.5m $57.5m 0.44% Reduced -500.0k -500,000
9 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.16% of their portfolio TORONTO, A6 465,000465.0k $44.5m $44.5m 0.16% Unchanged
10 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 331,646331.6k $31.7m $31.7m 0.02% Reduced -17.6k -17,650
11 UBS Group AG 0.01% of their portfolio ZURICH, V8 298,757298.8k $28.6m $28.6m 0.01% Reduced -303.8k -303,788
12 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 296,250296.2k $28.3m $28.3m 0.03% Added +178.8k +178,781
13 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 288,641288.6k $27.6m $27.6m 0.04% Added +263.7k +263,659
14 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 284,833284.8k $27.2m $27.2m 0.03% Added +279.8k +279,833
15 Balyasny Asset Management L.P. 0.07% of their portfolio Chicago, IL 276,559276.6k $26.5m $26.5m 0.07% New
16 Qube Research & Technologies Ltd 0.06% of their portfolio LONDON, X0 274,625274.6k $26.3m $26.3m 0.06% Reduced -12.0k -11,973
17 AFFINITY WEALTH MANAGEMENT LLC 5.27% of their portfolio WILMINGTON, DE 268,294268.3k $25.7m $25.7m 5.27% Added +34.5k +34,508
18 CASTLEARK MANAGEMENT LLC 1.03% of their portfolio CHICAGO, IL 243,180243.2k $23.3m $23.3m 1.03% Added +111.0k +110,980
19 Price Capital Management, Inc. 10.15% of their portfolio LAFAYETTE, LA 239,590239.6k $22.9m $22.9m 10.15% New
20 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 223,077223.1k $21.3m $21.3m 0.03% Reduced -1.8m -1,815,875
21 SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio London, X0 212,087212.1k $20.3m $20.3m 0.03% Added +4.5k +4,522
22 Ikarian Capital, LLC 5.23% of their portfolio DALLAS, TX 200,000200.0k $19.1m $19.1m 5.23% New
23 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 196,529196.5k $18.8m $18.8m 0.01% Reduced -18.3k -18,322
24 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 185,793185.8k $17.8m $17.8m 0.01% Reduced -106.2k -106,241
25 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 181,117181.1k $17.3m $17.3m 0.02% Added +20.9k +20,923
26 Q3 Asset Management 3.53% of their portfolio BIRMINGHAM, MI 149,338149.3k $14.0m $14.0m 3.53% New
27 MEITAV INVESTMENT HOUSE LTD 0.19% of their portfolio BENE-BERAQ, L3 133,693133.7k $12.8m $12.8m 0.19% Unchanged
28 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 127,644127.6k $12.2m $12.2m 0.01% Reduced -12.4k -12,372
29 Chicago Wealth Management, Inc. 7.79% of their portfolio CHICAGO, IL 119,141119.1k $11.4m $11.4m 7.79% Reduced -1.7k -1,663
30 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 115,581115.6k $11.1m $11.1m 0.02% Unchanged
31 Walleye Trading LLC 0.16% of their portfolio NEW YORK, NY 112,085112.1k $10.7m $10.7m 0.16% New
32 Horizon Wealth Management, LLC 2.97% of their portfolio LA GRANGE, IL 111,821111.8k $10.7m $10.7m 2.97% Added +94.6k +94,577
33 MOORE CAPITAL MANAGEMENT, LP 0.25% of their portfolio NEW YORK, NY 110,467110.5k $10.6m $10.6m 0.25% New
34 AE Wealth Management LLC 0.05% of their portfolio TOPEKA, KS 107,807107.8k $10.2m $10.2m 0.05% Added +100.9k +100,863
35 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 93,38093.4k $8.9m $8.9m 0.02% Reduced -2.2k -2,247
36 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 0.59% of their portfolio Tel Aviv, L3 90,66590.7k $8.7m $8.7m 0.59% Unchanged
37 ExodusPoint Capital Management, LP 0.11% of their portfolio NEW YORK, NY 88,40388.4k $8.5m $8.5m 0.11% New
38 360 Financial, Inc. 3.15% of their portfolio WAYZATA, MN 74,55374.6k $7.1m $7.1m 3.15% New
39 Intrua Financial, LLC 1.04% of their portfolio Houston, TX 69,55069.5k $6.7m $6.7m 1.04% Reduced -26.5k -26,519
40 Clark Capital Management Group, Inc. 0.05% of their portfolio PHILADELPHIA, PA 68,21468.2k $6.5m $6.5m 0.05% Added +36.8k +36,832
41 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 67,73167.7k $6.5m $6.5m 0.00% Reduced -7.9k -7,869
42 GUARDIAN CAPITAL ADVISORS LP 0.66% of their portfolio TORONTO, A6 67,08067.1k $6.3m $6.3m 0.66% Reduced -14.6k -14,610
43 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 65,56365.6k $6.3m $6.3m 0.05% Added +661 +661
44 Gerber Kawasaki Wealth & Investment Management 0.36% of their portfolio SANTA MONICA, CA 63,05763.1k $6.0m $6.0m 0.36% Reduced -4.6k -4,608
45 BECK CAPITAL MANAGEMENT, LLC 1.99% of their portfolio AUSTIN, TX 60,53260.5k $5.8m $5.8m 1.99% Added +229 +229
46 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 58,78258.8k $5.6m $5.6m 0.01% Reduced -33.5k -33,494
47 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 53,98854.0k $5.2m $5.2m 0.01% New
48 Viewpoint Capital Management LLC 3.32% of their portfolio SEATTLE, WA 49,65749.7k $4.8m $4.8m 3.32% Added +15 +15
49 FIL Ltd 0.00% of their portfolio HAMILTON, D0 48,90748.9k $4.7m $4.7m 0.00% New
50 Cetera Advisor Networks LLC 0.03% of their portfolio EL SEGUNDO, CA 47,57147.6k $4.6m $4.6m 0.03% Added +18.3k +18,337
51 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 46,58746.6k $4.5m $4.5m 0.01% Added +16.8k +16,812
52 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 46,44346.4k $4.4m $4.4m 0.00% Reduced -44.7k -44,698
53 SPC Financial, Inc. 0.44% of their portfolio ROCKVILLE, MD 45,20945.2k $4.3m $4.3m 0.44% Added +388 +388
54 Phoenix Financial Ltd. 0.07% of their portfolio Givatayim, L3 43,09443.1k $4.1m $4.1m 0.07% Reduced -43.4k -43,406
55 Atom Investors LP 0.69% of their portfolio AUSTIN, TX 41,03641.0k $3.9m $3.9m 0.69% Reduced -24.0k -23,964
56 FOUNDERS FINANCIAL SECURITIES LLC 0.43% of their portfolio TOWSON, MD 40,39040.4k $3.9m $3.9m 0.43% New
57 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 38,26438.3k $3.7m $3.7m 0.00% Added +1.3k +1,329
58 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 38,14538.1k $3.6m $3.6m 0.00% Reduced -3.4k -3,428
59 MIRABELLA FINANCIAL SERVICES LLP 0.52% of their portfolio London, X0 37,86037.9k $3.6m $3.6m 0.52% Added +12.9k +12,900
60 J. Goldman & Co LP 0.20% of their portfolio NEW YORK, NY 37,79537.8k $3.6m $3.6m 0.20% Reduced -26.1k -26,065
61 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 36,99937.0k $3.6m $3.6m 0.00% Added +30.0k +29,956
62 North Star Investment Management Corp. 0.25% of their portfolio CHICAGO, IL 34,26434.3k $3.3m $3.3m 0.25% Added +1.3k +1,252
63 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 0.64% of their portfolio Tel Aviv, L3 33,66933.7k $3.2m $3.2m 0.64% Unchanged
64 CWM, LLC 0.02% of their portfolio OMAHA, NE 31,90731.9k $3.1m $3.1m 0.02% Reduced -3.1k -3,106
65 TOTH FINANCIAL ADVISORY CORP 0.41% of their portfolio LEESBURG, VA 31,80531.8k $3.0m $3.0m 0.41% Added +6.6k +6,594
66 SIMPLEX TRADING, LLC 0.08% of their portfolio CHICAGO, IL 28,12928.1k $2.7m $2.7m 0.08% New
67 Tactive Advisors, LLC 1.73% of their portfolio Jacksonville, FL 28,10128.1k $2.7m $2.7m 1.73% Added +18.0k +18,021
68 PEAK FINANCIAL ADVISORS LLC 1.77% of their portfolio DENVER, CO 27,72327.7k $2.7m $2.7m 1.77% New
69 Ellis Investment Partners, LLC 0.61% of their portfolio Berwyn, PA 27,41427.4k $2.6m $2.6m 0.61% Added +2.7k +2,745
70 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 26,91326.9k $2.6m $2.6m 0.01% Reduced -35.5k -35,477
71 Palumbo Wealth Management LLC 1.22% of their portfolio GREAT NECK, NY 24,90024.9k $2.4m $2.4m 1.22% Unchanged
72 Belpointe Asset Management LLC 0.21% of their portfolio RENO, NV 24,72524.7k $2.4m $2.4m 0.21% Added +8.4k +8,371
73 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 23,90623.9k $2.3m $2.3m 0.01% Reduced -882 -882
74 Advisor OS, LLC 0.30% of their portfolio CHICAGO, IL 23,82023.8k $2.3m $2.3m 0.30% Reduced -610 -610
75 Zweig-DiMenna Associates LLC 0.26% of their portfolio NEW YORK, NY 23,30023.3k $2.2m $2.2m 0.26% New
76 GTS SECURITIES LLC 0.05% of their portfolio NEW YORK, NY 22,58922.6k $2.2m $2.2m 0.05% Added +9.5k +9,519
77 CENTAURUS FINANCIAL, INC. 0.16% of their portfolio ANAHEIM, CA 22,45422.5k $2.1m $2.1m 0.16% Added +1.6k +1,645
78 First Nebraska Trust Co 0.24% of their portfolio LINCOLN, NE 21,58421.6k $2.1m $2.1m 0.24% Reduced -1.2k -1,153
79 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 20,58820.6k $2.0m $2.0m 0.00% Reduced -14.6k -14,631
80 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 20,30520.3k $1.9m $1.9m 0.01% Reduced -389 -389
81 CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio PARIS, I0 19,83819.8k $1.9m $1.9m 0.02% New
82 Windham Capital Management, LLC 0.69% of their portfolio BOSTON, MA 19,56019.6k $1.9m $1.9m 0.69% Added +39 +39
83 Clarus Wealth Advisors 1.02% of their portfolio PEORIA, AZ 18,17518.2k $1.7m $1.7m 1.02% First filing
84 S. R. Schill & Associates 0.77% of their portfolio MERCER ISLAND, WA 18,13818.1k $1.7m $1.7m 0.77% New
85 Financial Advocates Investment Management 0.11% of their portfolio OLYMPIA, WA 18,05018.1k $1.7m $1.7m 0.11% Added +4.1k +4,143
86 Advisory Services Network, LLC 0.04% of their portfolio ATLANTA, GA 17,97318.0k $1.7m $1.7m 0.04% Added +3.1k +3,065
87 Institute for Wealth Management, LLC. 0.28% of their portfolio DENVER, CO 17,72317.7k $1.7m $1.7m 0.28% Added +275 +275
88 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 16,84716.8k $1.6m $1.6m 0.01% Added +17 +17
89 WOLVERINE TRADING, LLC 0.01% of their portfolio CHICAGO, IL 15,96216.0k $1.5m $1.5m 0.01% New
90 Prostatis Group LLC 0.62% of their portfolio HANOVER, MD 15,49815.5k $1.5m $1.5m 0.62% New
91 Sage Capital Management, LLC 0.85% of their portfolio Stockton, NJ 14,83814.8k $1.4m $1.4m 0.85% First filing
92 Merit Financial Group, LLC 0.04% of their portfolio ALPHARETTA, GA 14,18714.2k $1.4m $1.4m 0.04% Added +3 +3
93 MEANS INVESTMENT CO., INC. 0.19% of their portfolio BANGOR, ME 13,71513.7k $1.3m $1.3m 0.19% Reduced -694 -694
94 DARK FOREST CAPITAL MANAGEMENT LP 0.19% of their portfolio NEW YORK, NY 13,06213.1k $1.2m $1.2m 0.19% New
95 Trexquant Investment LP 0.03% of their portfolio STAMFORD, CT 12,93912.9k $1.2m $1.2m 0.03% Reduced -11.4k -11,373
96 Walleye Capital LLC 0.02% of their portfolio NEW YORK, NY 12,42712.4k $1.2m $1.2m 0.02% Added +8.0k +8,027
97 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 12,41812.4k $1.2m $1.2m 0.01% Added +1.7k +1,683
98 LEUTHOLD GROUP, LLC 0.15% of their portfolio MINNEAPOLIS, MN 12,33312.3k $1.2m $1.2m 0.15% Added +1.2k +1,156
99 CHARTIST INC /CA/ 0.62% of their portfolio SEAL BEACH, CA 12,00412.0k $1.1m $1.1m 0.62% Reduced -68 -68
100 Lauer Wealth, LLC 1.07% of their portfolio VALPARAISO, IN 11,83011.8k $1.2m $1.2m 1.07% Added +6.3k +6,330