Vault-13

SPDR SER TR XHB

S&P HOMEBUILD · ETP · CUSIP 78464A888

322 institutional holders +14 vs Q1 2026
18,177,52418.2m shares reported held*
$2.1bnreported value*
58 new 101 added 82 reduced 43 sold out net bought ≈ $416.8m (+3.6m 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 ($7.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $115.54. Options: 20 managers hold calls ($546.1m notional), 19 hold puts ($530.8m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 183Q4 22: 193Q1 23: 204Q2 23: 241Q3 23: 244Q4 23: 282Q1 24: 301Q2 24: 291Q3 24: 332Q4 24: 321Q1 25: 275Q2 25: 261Q3 25: 306Q4 25: 315Q1 26: 308Q2 26: 322322Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022183
Q4 2022193
Q1 2023204
Q2 2023241
Q3 2023244
Q4 2023282
Q1 2024301
Q2 2024291
Q3 2024332
Q4 2024321
Q1 2025275
Q2 2025261
Q3 2025306
Q4 2025315
Q1 2026308
Q2 2026322

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 24: 184 bought or addedQ3 24: 115 cut or sold outQ4 24: 155 bought or addedQ4 24: 160 cut or sold outQ4 24Q1 25: 121 bought or addedQ1 25: 157 cut or sold outQ2 25: 105 bought or addedQ2 25: 128 cut or sold outQ2 25Q3 25: 172 bought or addedQ3 25: 96 cut or sold outQ4 25: 140 bought or addedQ4 25: 150 cut or sold outQ4 25Q1 26: 144 bought or addedQ1 26: 145 cut or sold outQ2 26: 159 bought or addedQ2 26: 125 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024184115
Q4 2024155160
Q1 2025121157
Q2 2025105128
Q3 202517296
Q4 2025140150
Q1 2026144145
Q2 2026159125

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bnQ3 25 calls: $377.3mQ3 25 puts: $642.2mQ3 25P/C 1.70Q4 25 calls: $1.3bnQ4 25 puts: $483.3mQ4 25P/C 0.36Q1 26 calls: $407.4mQ1 26 puts: $379.0mQ1 26P/C 0.93Q2 26 calls: $546.1mQ2 26 puts: $530.8mQ2 26P/C 0.97
Numbers
QuarterCallsPutsP/C
Q3 2025$377.3m$642.2m1.70
Q4 2025$1.3bn$483.3m0.36
Q1 2026$407.4m$379.0m0.93
Q2 2026$546.1m$530.8m0.97

Biggest buyers

GTS SECURITIES LLC Added +929,622+929.6k
Annex Advisory Services, LLC New +573,773+573.8k
MORGAN STANLEY Added +500,413+500.4k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Added +490,000+490.0k
BNP PARIBAS FINANCIAL MARKETS Added +446,487+446.5k
JPMORGAN CHASE & CO Added +333,951+334.0k
GOLDMAN SACHS GROUP INC Added +302,231+302.2k
Graham Capital Management, L.P. Added +185,500+185.5k
Foundations Investment Advisors, LLC New +174,752+174.8k
Caption Management, LLC Added +159,054+159.1k

Biggest sellers

CITADEL ADVISORS LLC Reduced -504,815-504.8k
CoreCap Advisors, LLC Reduced -236,412-236.4k
RAYMOND JAMES FINANCIAL INC Reduced -222,793-222.8k
UBS Group AG Reduced -168,323-168.3k
ROYAL BANK OF CANADA Reduced -168,189-168.2k
ExodusPoint Capital Management, LP Sold out -100,578-100.6k
BW Gestao de Investimentos Ltda. Sold out -100,000-100.0k
Aster Capital Management (DIFC) Ltd Sold out -92,856-92.9k
Jain Global LLC Sold out -89,510-89.5k
Agave Capital Management Ltd Sold out -67,846-67.8k

Biggest calls

BNP PARIBAS FINANCIAL MARKETS New $167.3m14.5k shares
JANE STREET GROUP, LLC Added $63.4m548.5k shares
Caption Management, LLC New $48.0m415.0k shares
PEAK6 LLC Reduced $46.2m400.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $44.0m380.6k shares
NOMURA HOLDINGS INC Added $39.5m342.0k shares
CITADEL ADVISORS LLC Added $37.6m325.2k shares
GOLDMAN SACHS GROUP INC New $37.0m320.0k shares
CITIGROUP INC Added $18.1m157.0k shares
MILLENNIUM MANAGEMENT LLC Reduced $16.0m138.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $138.8m1.2m shares
JANE STREET GROUP, LLC Reduced $78.8m682.2k shares
CITADEL ADVISORS LLC Reduced $60.1m520.4k shares
MILLENNIUM MANAGEMENT LLC Added $51.8m448.0k shares
BNP PARIBAS FINANCIAL MARKETS Added $47.4m4.1k shares
NOMURA HOLDINGS INC New $39.3m340.0k shares
Caption Management, LLC New $34.7m300.0k shares
Walleye Trading LLC Added $21.3m184.1k shares
CITIGROUP INC Added $11.6m100.0k shares
UBS Group AG Added $11.1m95.9k 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 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 2,947,1332.9m $340.6m $340.6m 0.04% Added +302.2k +302,231
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,970,3542.0m $227.7m $227.7m 0.01% Added +500.4k +500,413
3 CITIGROUP INC 0.06% of their portfolio NEW YORK, NY 1,039,4191.0m $120.1m $120.1m 0.06% Added +153.4k +153,370
4 BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio PARIS, I0 984,264984.3k $113.7m $113.7m 0.06% Added +446.5k +446,487
5 GTS SECURITIES LLC 2.31% of their portfolio NEW YORK, NY 950,570950.6k $109.8m $109.8m 2.31% Added +929.6k +929,622
6 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 718,219718.2k $83.0m $83.0m 0.01% Added +48.0k +48,048
7 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 670,318670.3k $77.5m $77.5m 0.02% Added +62.3k +62,301
8 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.11% of their portfolio TORONTO, A6 640,000640.0k $74.0m $74.0m 0.11% Added +490.0k +490,000
9 Annex Advisory Services, LLC 1.13% of their portfolio BROOKFIELD, WI 573,773573.8k $66.3m $66.3m 1.13% New
10 MIRAE ASSET SECURITIES (USA) INC. 2.57% of their portfolio NEW YORK, NY 500,000500.0k $57.8m $57.8m 2.57% Unchanged
11 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 378,606378.6k $43.8m $43.8m 0.01% Added +51.1k +51,093
12 NATIXIS 0.19% of their portfolio PARIS, I0 353,018353.0k $40.8m $40.8m 0.19% Reduced -284 -284
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 343,929343.9k $39.7m $39.7m 0.00% Added +334.0k +333,951
14 Blackstone Inc. 0.10% of their portfolio NEW YORK, NY 265,000265.0k $30.6m $30.6m 0.10% Not comparable
15 Graham Capital Management, L.P. 0.70% of their portfolio ROWAYTON, CT 226,500226.5k $26.2m $26.2m 0.70% Added +185.5k +185,500
16 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 222,800222.8k $25.7m $25.7m 0.02% Added +47.7k +47,680
17 MEITAV INVESTMENT HOUSE LTD 0.17% of their portfolio BENE-BERAQ, L3 218,326218.3k $25.2m $25.2m 0.17% Added +72.2k +72,167
18 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 213,280213.3k $24.6m $24.6m 0.01% Reduced -1.5k -1,509
19 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 205,100205.1k $23.7m $23.7m 0.01% Reduced -222.8k -222,793
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 181,815181.8k $21.0m $21.0m 0.00% Reduced -168.3k -168,323
21 Foundations Investment Advisors, LLC 0.21% of their portfolio PHOENIX, AZ 174,752174.8k $20.2m $20.2m 0.21% New
22 Passaic Partners LLC 1.84% of their portfolio NEWARK, NJ 166,897166.9k $19.3m $19.3m 1.84% Added +78.9k +78,852
23 Caption Management, LLC 0.68% of their portfolio OKLAHOMA CITY, OK 166,554166.6k $19.2m $19.2m 0.68% Added +159.1k +159,054
24 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 0.75% of their portfolio Tel Aviv, L3 157,385157.4k $18.2m $18.2m 0.75% Added +54.0k +53,989
25 NAN FUNG TRINITY (HK) LTD 1.77% of their portfolio CENTRAL, HONG KONG, K3 155,040155.0k $17.9m $17.9m 1.77% Unchanged
26 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 151,051151.1k $17.5m $17.5m 0.00% Reduced -168.2k -168,189
27 Greenland Capital Management LP 3.28% of their portfolio NEW YORK, NY 150,000150.0k $17.3m $17.3m 3.28% New
28 BlackRock, Inc. 0.00% of their portfolio New York, NY 136,982137.0k $15.8m $15.8m 0.00% Added +435 +435
29 Schonfeld Strategic Advisors LLC 0.07% of their portfolio NEW YORK, NY 116,171116.2k $13.4m $13.4m 0.07% Added +89.4k +89,422
30 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 109,334109.3k $12.6m $12.6m 0.00% Reduced -5.2k -5,152
31 Harel Insurance Investments & Financial Services Ltd. 0.06% of their portfolio Ramat Gan, L3 102,250102.2k $11.8m $11.8m 0.06% New
32 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 87,92287.9k $10.2m $10.2m 0.01% Reduced -60.0k -60,007
33 University of Illinois Foundation 1.78% of their portfolio CHAMPAIGN, IL 86,42586.4k $10.0m $10.0m 1.78% New
34 Alden Global Capital LLC 3.40% of their portfolio BRANDON, FL 80,30080.3k $9.3m $9.3m 3.40% Added +59.6k +59,600
35 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 79,53079.5k $9.2m $9.2m 0.01% Added +16.9k +16,928
36 SummitTX Capital, L.P. 0.23% of their portfolio FORT WORTH, TX 75,73675.7k $8.8m $8.8m 0.23% New
37 SCOPUS ASSET MANAGEMENT, L.P. 0.20% of their portfolio NEW YORK, NY 75,00075.0k $8.7m $8.7m 0.20% New
38 MYDA Advisors LLC 2.11% of their portfolio WOODMERE, NY 75,00075.0k $8.7m $8.7m 2.11% Reduced -5.0k -5,000
39 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 74,97975.0k $8.7m $8.7m 0.00% Added +56.8k +56,800
40 K.J. Harrison & Partners Inc 1.21% of their portfolio TORONTO, A6 74,00074.0k $8.6m $8.6m 1.21% Added +40.0k +40,000
41 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 67,33467.3k $7.8m $7.8m 0.01% Added +16.7k +16,716
42 Tidal Investments LLC 0.02% of their portfolio Milwaukee, WI 64,46164.5k $7.4m $7.4m 0.02% Added +61.5k +61,550
43 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 57,32957.3k $6.6m $6.6m 0.00% Added +14.4k +14,393
44 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 0.80% of their portfolio Tel Aviv, L3 56,31656.3k $6.5m $6.5m 0.80% Added +18.2k +18,178
45 Ellis Investment Partners, LLC 0.95% of their portfolio Berwyn, PA 54,37754.4k $6.3m $6.3m 0.95% Added +10.8k +10,835
46 Viewpoint Capital Management LLC 3.11% of their portfolio SEATTLE, WA 52,84752.8k $6.1m $6.1m 3.11% Reduced -10.0k -10,017
47 EXCHANGE TRADED CONCEPTS, LLC 0.03% of their portfolio Oklahoma City, OK 52,02452.0k $6.0m $6.0m 0.03% New
48 Horizon Investments, LLC 0.07% of their portfolio Charlotte, NC 52,02452.0k $6.0m $6.0m 0.07% New
49 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 48,97049.0k $5.7m $5.7m 0.01% Added +7.4k +7,403
50 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 48,10348.1k $5.6m $5.6m 0.00% Reduced -504.8k -504,815
51 Gerber Kawasaki Wealth & Investment Management 0.14% of their portfolio SANTA MONICA, CA 45,86645.9k $5.3m $5.3m 0.14% Added +3.4k +3,386
52 CAPITAL FUND MANAGEMENT S.A. 0.04% of their portfolio PARIS, I0 44,85344.9k $5.2m $5.2m 0.04% Reduced -23.8k -23,819
53 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 43,29943.3k $5.0m $5.0m 0.01% Added +38.3k +38,299
54 North Star Investment Management Corp. 0.26% of their portfolio CHICAGO, IL 41,77541.8k $4.8m $4.8m 0.26% Added +1.3k +1,293
55 J. Goldman & Co LP 0.16% of their portfolio NEW YORK, NY 39,70539.7k $4.6m $4.6m 0.16% Reduced -19.2k -19,243
56 Mountain Hill Investment Partners Corp. 2.57% of their portfolio ATLANTIC HIGHLANDS, NJ 39,30039.3k $4.5m $4.5m 2.57% Unchanged
57 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 37,33837.3k $4.3m $4.3m 0.00% Added +15.3k +15,347
58 IHT Wealth Management, LLC 0.09% of their portfolio Chicago, IL 37,04237.0k $4.3m $4.3m 0.09% Added +28.5k +28,541
59 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 36,65936.7k $4.2m $4.2m 0.01% Added +6.8k +6,825
60 Tower Research Capital LLC (TRC) 0.10% of their portfolio NEW YORK, NY 36,63036.6k $4.2m $4.2m 0.10% Reduced -16.6k -16,606
61 HARBOUR INVESTMENTS, INC. 0.05% of their portfolio MADISON, WI 35,07035.1k $4.1m $4.1m 0.05% Added +15.1k +15,133
62 Bricktown Capital, LLC 0.61% of their portfolio DETROIT, MI 29,03429.0k $3.4m $3.4m 0.61% Unchanged
63 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 28,13128.1k $3.3m $3.3m 0.00% Added +11.9k +11,858
64 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 27,94827.9k $3.2m $3.2m 0.00% Reduced -3.9k -3,892
65 Palumbo Wealth Management LLC 0.67% of their portfolio GREAT NECK, NY 27,68727.7k $3.2m $3.2m 0.67% Unchanged
66 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 27,31227.3k $3.2m $3.2m 0.01% Added +2.3k +2,310
67 TOTH FINANCIAL ADVISORY CORP 0.31% of their portfolio LEESBURG, VA 27,17827.2k $3.1m $3.1m 0.31% Added +968 +968
68 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 26,91026.9k $3.1m $3.1m 0.00% Added +8.8k +8,809
69 CENTAURUS FINANCIAL, INC. 0.12% of their portfolio ANAHEIM, CA 25,86425.9k $3.0m $3.0m 0.12% Added +1.6k +1,555
70 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 25,38125.4k $2.9m $2.9m 0.01% Added +3.3k +3,263
71 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 21,15521.2k $2.4m $2.4m 0.00% Reduced -1.7k -1,681
72 PRIMORIS WEALTH ADVISORS, LLC 1.10% of their portfolio North Palm Beach, FL 20,95020.9k $2.4m $2.4m 1.10% New
73 Institute for Wealth Management, LLC. 0.21% of their portfolio DENVER, CO 20,69220.7k $2.4m $2.4m 0.21% Added +890 +890
74 XTX Topco Ltd 0.03% of their portfolio LONDON, X0 20,14920.1k $2.3m $2.3m 0.03% Reduced -21.2k -21,207
75 Summit Financial, LLC 0.03% of their portfolio PARSIPPANY, NJ 20,02520.0k $2.3m $2.3m 0.03% Added +2.1k +2,086
76 Choate Investment Advisors 0.04% of their portfolio BOSTON, MA 19,49919.5k $2.3m $2.3m 0.04% Unchanged
77 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 18,68018.7k $2.2m $2.2m 0.00% Added +5.5k +5,459
78 Gerald Baker Financial Group LLC 0.59% of their portfolio ARLINGTON, TX 18,08318.1k $2.1m $2.1m 0.59% Added +11 +11
79 TWO SIGMA SECURITIES, LLC 0.18% of their portfolio NEW YORK, NY 17,83817.8k $2.1m $2.1m 0.18% Added +15.1k +15,118
80 Hilltop Holdings Inc. 0.17% of their portfolio DALLAS, TX 17,66917.7k $2.0m $2.0m 0.17% Unchanged
81 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 17,53317.5k $2.0m $2.0m 0.02% Added +293 +293
82 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 16,79916.8k $1.9m $1.9m 0.00% New
83 ELEVATION POINT WEALTH PARTNERS, LLC 0.03% of their portfolio DENVER, CO 15,76015.8k $1.8m $1.8m 0.03% Added +1.8k +1,847
84 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 14,77614.8k $1.7m $1.7m 0.00% Reduced -368 -368
85 Fulcrum Asset Management LLP 0.16% of their portfolio LONDON, X0 14,15214.2k $1.6m $1.6m 0.16% New
86 DISCOVERY CAPITAL MANAGEMENT, LLC / CT 0.07% of their portfolio SOUTH NORWALK, CT 14,10014.1k $1.6m $1.6m 0.07% New
87 Vestmark Advisory Solutions, Inc. 0.01% of their portfolio Wakefield, MA 13,29113.3k $1.5m $1.5m 0.01% Reduced -461 -461
88 St. Johns Investment Management Company, LLC 0.56% of their portfolio JACKSONVILLE, FL 12,86212.9k $1.5m $1.5m 0.56% Added +2.2k +2,237
89 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 12,84312.8k $1.5m $1.5m 0.00% Reduced -851 -851
90 Itau Unibanco Holding S.A. 0.03% of their portfolio SAO PAULO, D5 12,57712.6k $1.3m $1.3m 0.03% New
91 Prostatis Group LLC 0.33% of their portfolio HANOVER, MD 12,34212.3k $1.4m $1.4m 0.33% Reduced -21.2k -21,244
92 IMC-Chicago, LLC 0.01% of their portfolio CHICAGO, IL 12,17112.2k $1.4m $1.4m 0.01% Reduced -30.3k -30,268
93 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 11,31911.3k $1.3m $1.3m 0.00% Reduced -38.9k -38,896
94 Sage Capital Management, LLC 0.49% of their portfolio Stockton, NJ 10,76810.8k $1.2m $1.2m 0.49% Added +13 +13
95 Geneos Wealth Management Inc. 0.03% of their portfolio ENGLEWOOD, CO 10,73510.7k $1.2m $1.2m 0.03% Added +10.2k +10,235
96 AAFMAA Wealth Management & Trust LLC 0.43% of their portfolio FAYETTEVILLE, NC 10,65910.7k $1.2m $1.2m 0.43% Added +184 +184
97 LMR Partners LLP 0.01% of their portfolio LONDON, X0 10,40010.4k $1.2m $1.2m 0.01% New
98 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 10,29210.3k $1.2m $1.2m 0.00% Added +1.5k +1,507
99 JAMES INVESTMENT RESEARCH, INC. 0.12% of their portfolio ALPHA, OH 10,25310.3k $1.2m $1.2m 0.12% Reduced -75 -75
100 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 10,25110.3k $1.2m $1.2m 0.00% Added +386 +386