Vault-13

SSGA ACTIVE ETF TR SRLN

BLACKSTONE SENR · ETP · CUSIP 78467V608

491 institutional holders -35 vs Q4 2025
98,277,44798.3m shares reported held*
$3.9bnreported value*
38 new 211 added 182 reduced 69 sold out net sold ≈ $995.1m (-24.8m 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 ($15.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $40.17. Options: 3 managers hold calls ($5.1m notional), 4 hold puts ($10.7m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 524Q4 22: 516Q1 23: 484Q2 23: 461Q3 23: 455Q4 23: 482Q1 24: 478Q2 24: 514Q3 24: 508Q4 24: 532Q1 25: 526Q2 25: 525Q3 25: 501Q4 25: 526Q1 26: 491491Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022524
Q4 2022516
Q1 2023484
Q2 2023461
Q3 2023455
Q4 2023482
Q1 2024478
Q2 2024514
Q3 2024508
Q4 2024532
Q1 2025526
Q2 2025525
Q3 2025501
Q4 2025526
Q1 2026491

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 24: 292 bought or addedQ2 24: 186 cut or sold outQ3 24: 237 bought or addedQ3 24: 258 cut or sold outQ3 24Q4 24: 288 bought or addedQ4 24: 195 cut or sold outQ1 25: 273 bought or addedQ1 25: 228 cut or sold outQ1 25Q2 25: 231 bought or addedQ2 25: 271 cut or sold outQ3 25: 271 bought or addedQ3 25: 199 cut or sold outQ3 25Q4 25: 281 bought or addedQ4 25: 218 cut or sold outQ1 26: 249 bought or addedQ1 26: 251 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024292186
Q3 2024237258
Q4 2024288195
Q1 2025273228
Q2 2025231271
Q3 2025271199
Q4 2025281218
Q1 2026249251

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ2 25 calls: $1.5mQ2 25 puts: $1.2mQ2 25P/C 0.77Q3 25 calls: $1.2mQ3 25 puts: $286.9kQ3 25P/C 0.24Q4 25 calls: $3.1mQ4 25 puts: $3.8mQ4 25P/C 1.20Q1 26 calls: $5.1mQ1 26 puts: $10.7mQ1 26P/C 2.11
Numbers
QuarterCallsPutsP/C
Q2 2025$1.5m$1.2m0.77
Q3 2025$1.2m$286.9k0.24
Q4 2025$3.1m$3.8m1.20
Q1 2026$5.1m$10.7m2.11

Biggest buyers

Liberty Mutual Group Asset Management Inc. Added +1,561,893+1.6m
Ensign Peak Advisors, Inc Added +1,454,804+1.5m
DIVERSIFY WEALTH MANAGEMENT, LLC Added +997,394+997.4k
WELLINGTON MANAGEMENT GROUP LLP Added +886,300+886.3k
BlackRock, Inc. Added +765,000+765.0k
Ocean Park Asset Management, LLC Added +589,018+589.0k
Advisory Alpha, LLC Added +524,826+524.8k
1832 Asset Management L.P. Added +497,799+497.8k
Amundi New +367,394+367.4k
Bramshill Investments, LLC Added +324,778+324.8k

Biggest sellers

HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Sold out -9,757,441-9.8m
MORGAN STANLEY Reduced -4,272,635-4.3m
GOLDMAN SACHS GROUP INC Reduced -3,450,720-3.5m
BANK OF AMERICA CORP /DE/ Reduced -3,069,291-3.1m
JANE STREET GROUP, LLC Reduced -1,338,502-1.3m
Horizon Investments, LLC Reduced -1,172,502-1.2m
HRT FINANCIAL LP Reduced -790,581-790.6k
Diversify Advisory Services, LLC Sold out -747,744-747.7k
STATE OF WISCONSIN INVESTMENT BOARD Sold out -609,000-609.0k
Donoghue Forlines LLC Sold out -586,350-586.4k

Biggest calls

CITADEL ADVISORS LLC Added $4.7m117.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $200.7k5.0k shares
SIMPLEX TRADING, LLC Reduced $152.5k3.8k shares

Biggest puts

CITADEL ADVISORS LLC Added $4.6m115.4k shares
EMG Holdings, L.P. Unchanged $3.4m85.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $2.4m60.9k shares
SYMMETRY PEAK MANAGEMENT LLC New $200.7k5.0k 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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Arizona PSPRS Trust 12.49% of their portfolio PHOENIX, AZ 8,456,0718.5m $339.4m $339.4m 12.49% Added +98.7k +98,724
2 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 7,575,9357.6m $304.1m $304.1m 0.02% Reduced -3.1m -3,069,291
3 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 6,892,0826.9m $276.6m $276.6m 0.02% Reduced -4.3m -4,272,635
4 State of Tennessee, Department of Treasury 0.80% of their portfolio NASHVILLE, TN 5,941,3205.9m $238.5m $238.5m 0.80% Reduced -348.7k -348,666
5 Ensign Peak Advisors, Inc 0.34% of their portfolio SALT LAKE CITY, UT 4,493,6814.5m $180.4m $180.4m 0.34% Added +1.5m +1,454,804
6 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 3,653,8083.7m $146.7m $146.7m 0.01% Added +246.3k +246,283
7 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 3,469,7133.5m $139.3m $139.3m 0.04% Reduced -367.3k -367,344
8 Liberty Mutual Group Asset Management Inc. 9.70% of their portfolio Boston, MA 3,018,9873.0m $121.2m $121.2m 9.70% Added +1.6m +1,561,893
9 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 2,765,0292.8m $111.0m $111.0m 0.01% Reduced -3.5m -3,450,720
10 UBS Group AG 0.02% of their portfolio ZURICH, V8 2,612,2242.6m $104.9m $104.9m 0.02% Reduced -450.9k -450,860
11 Advisory Alpha, LLC 2.55% of their portfolio HOLLAND, MI 2,327,9592.3m $93.4m $93.4m 2.55% Added +524.8k +524,826
12 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 2,251,4712.3m $90.4m $90.4m 0.02% Added +51.8k +51,796
13 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 2,196,7942.2m $88.2m $88.2m 0.02% Added +38.7k +38,682
14 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 1,748,0501.7m $70.2m $70.2m 0.01% Added +886.3k +886,300
15 1832 Asset Management L.P. 0.09% of their portfolio TORONTO, A6 1,604,3501.6m $64.4m $64.4m 0.09% Added +497.8k +497,799
16 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,509,1541.5m $60.6m $60.6m 0.00% Added +765.0k +765,000
17 Symetra Investment Management Co 5.20% of their portfolio Farmington, CT 1,495,0851.5m $60.0m $60.0m 5.20% Unchanged
18 Ocean Park Asset Management, LLC 2.96% of their portfolio SANTA MONICA, CA 1,274,9001.3m $51.2m $51.2m 2.96% Added +589.0k +589,018
19 DIVERSIFY WEALTH MANAGEMENT, LLC 0.73% of their portfolio SANDY, UT 1,012,2771.0m $41.1m $41.1m 0.73% Added +997.4k +997,394
20 Aristotle Pacific Capital, LLC 32.54% of their portfolio NEWPORT BEACH, CA 997,066997.1k $40.0m $40.0m 32.54% Reduced -520.0k -520,000
21 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 938,906938.9k $37.7m $37.7m 0.01% Added +106.7k +106,671
22 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 911,349911.3k $36.6m $36.6m 0.01% Reduced -144.3k -144,320
23 CNO Financial Group, Inc. 19.84% of their portfolio Carmel, IN 862,000862.0k $34.6m $34.6m 19.84% Unchanged
24 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 1.63% of their portfolio SAN FRANCISCO, CA 767,782767.8k $30.8m $30.8m 1.63% Reduced -1.0k -1,038
25 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 751,651751.7k $30.2m $30.2m 0.03% Reduced -45.4k -45,384
26 Thrivent Financial for Lutherans 0.05% of their portfolio Minneapolis, MN 661,937661.9k $26.6m $26.6m 0.05% Added +44.4k +44,373
27 CONNING INC. 0.86% of their portfolio HARTFORD, CT 641,275641.3k $25.7m $25.7m 0.86% Unchanged
28 LORD, ABBETT & CO. LLC 0.08% of their portfolio JERSEY CITY, NJ 605,533605.5k $24.3m $24.3m 0.08% Reduced -2.3k -2,335
29 Blackstone Inc. 0.09% of their portfolio NEW YORK, NY 555,591555.6k $22.3m $22.3m 0.09% Unchanged
30 FEDERATED HERMES, INC. 0.03% of their portfolio PITTSBURGH, PA 535,650535.6k $21.5m $21.5m 0.03% Reduced -65.0k -65,000
31 Asset Allocation & Management Company, LLC 7.84% of their portfolio CHICAGO, IL 526,704526.7k $21.1m $21.1m 7.84% Added +154.8k +154,800
32 Bramshill Investments, LLC 1.81% of their portfolio NAPLES, FL 524,778524.8k $21.1m $21.1m 1.81% Added +324.8k +324,778
33 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 508,469508.5k $20.4m $20.4m 0.01% Reduced -28.4k -28,382
34 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 507,278507.3k $20.4m $20.4m 0.02% Added +195.9k +195,933
35 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 434,594434.6k $17.4m $17.4m 0.02% Reduced -130.9k -130,886
36 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 381,592381.6k $15.3m $15.3m 0.04% Added +66.3k +66,288
37 Twelve Points Wealth Management LLC 3.35% of their portfolio CONCORD, MA 379,118379.1k $15.2m $15.2m 3.35% Added +155.5k +155,486
38 Catalyst Capital Advisors LLC 0.28% of their portfolio San Juan, PR 374,591374.6k $15.0m $15.0m 0.28% Unchanged
39 CWM, LLC 0.04% of their portfolio OMAHA, NE 374,008374.0k $15.0m $15.0m 0.04% Added +2.2k +2,233
40 Amundi 0.00% of their portfolio Paris, I0 367,394367.4k $14.7m $14.7m 0.00% New
41 GUGGENHEIM CAPITAL LLC 0.12% of their portfolio CHICAGO, IL 363,511363.5k $14.6m $14.6m 0.12% Reduced -6.9k -6,885
42 Envestnet Portfolio Solutions, Inc. 0.08% of their portfolio BERWYN, PA 363,433363.4k $14.6m $14.6m 0.08% Added +58.9k +58,878
43 FORTEM FINANCIAL GROUP, LLC 3.62% of their portfolio PALM DESERT, CA 359,832359.8k $14.4m $14.4m 3.62% Added +72.2k +72,210
44 Secure Asset Management, LLC 2.26% of their portfolio Troy, MI 356,099356.1k $14.3m $14.3m 2.26% Added +41.2k +41,171
45 Ninety One UK Ltd 0.03% of their portfolio London, X0 353,185353.2k $14.2m $14.2m 0.03% Reduced -146.4k -146,406
46 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 340,729340.7k $13.7m $13.7m 0.04% Reduced -41.9k -41,865
47 Ameritas Advisory Services, LLC 0.53% of their portfolio Lincoln, NE 339,968340.0k $13.6m $13.6m 0.53% Reduced -114.2k -114,190
48 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 337,729337.7k $13.6m $13.6m 0.02% Added +80.8k +80,835
49 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 325,860325.9k $13.1m $13.1m 0.02% Reduced -114.0k -113,979
50 Calamos Advisors LLC 0.05% of their portfolio NAPERVILLE, IL 316,100316.1k $12.7m $12.7m 0.05% Reduced -496.7k -496,705
51 ASSETMARK, INC 0.03% of their portfolio CONCORD, CA 314,379314.4k $12.6m $12.6m 0.03% Added +8.8k +8,799
52 COUNTRY TRUST BANK 0.21% of their portfolio Bloomington, IL 278,052278.1k $11.2m $11.2m 0.21% Reduced -57.9k -57,922
53 Goldstone Financial Group, LLC 1.21% of their portfolio OAKBROOK TERRACE, IL 276,883276.9k $11.1m $11.1m 1.21% Reduced -5.3k -5,260
54 HORIZON FINANCIAL SERVICES, LLC 4.89% of their portfolio WINSTON SALEM, NC 275,617275.6k $11.1m $11.1m 4.89% Added +54.6k +54,601
55 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 272,389272.4k $10.9m $10.9m 0.01% Reduced -103.3k -103,283
56 Stablepoint Partners, LLC 1.59% of their portfolio BRAINTREE, MA 266,815266.8k $10.7m $10.7m 1.59% Reduced -20.3k -20,268
57 KMG FIDUCIARY PARTNERS, LLC 0.79% of their portfolio TOLEDO, OH 264,486264.5k $10.6m $10.6m 0.79% Added +13.0k +12,980
58 Fragasso Financial Advisors Inc 0.63% of their portfolio SEWICKLEY, PA 259,880259.9k $10.4m $10.4m 0.63% Added +23.9k +23,946
59 KESTRA PRIVATE WEALTH SERVICES, LLC 0.13% of their portfolio AUSTIN, TX 259,333259.3k $10.4m $10.4m 0.13% Added +5.0k +4,997
60 MRA Advisory Group 4.14% of their portfolio PARSIPPANY, NJ 252,778252.8k $10.1m $10.1m 4.14% Added +13.3k +13,297
61 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 246,104246.1k $9.9m $9.9m 0.01% Reduced -8.9k -8,896
62 Hilltop Partners LLC 2.40% of their portfolio MISHAWAKA, IN 232,547232.5k $9.3m $9.3m 2.40% Added +13.7k +13,691
63 Integrated Wealth Concepts LLC 0.07% of their portfolio WALTHAM, MA 228,877228.9k $9.2m $9.2m 0.07% Added +10.9k +10,944
64 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 224,587224.6k $9.0m $9.0m 0.00% Added +98.9k +98,945
65 INDEPENDENT FINANCIAL GROUP, LLC 0.20% of their portfolio SAN DIEGO, CA 221,762221.8k $8.9m $8.9m 0.20% Reduced -2.6k -2,558
66 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 213,463213.5k $8.6m $8.6m 0.01% Reduced -105.4k -105,439
67 Merit Financial Group, LLC 0.06% of their portfolio ALPHARETTA, GA 205,080205.1k $8.2m $8.2m 0.06% Reduced -8.6k -8,605
68 ZEGA Investments, LLC 1.52% of their portfolio PALM BEACH GARDENS, FL 200,083200.1k $8.0m $8.0m 1.52% Reduced -57.2k -57,233
69 Hennion & Walsh Asset Management, Inc. 0.26% of their portfolio Parsippany, NJ 194,232194.2k $7.8m $7.8m 0.26% Added +15.5k +15,508
70 ARS Wealth Advisors Group, LLC 0.65% of their portfolio St. Petersburg, FL 191,140191.1k $7.7m $7.7m 0.65% Added +113.8k +113,824
71 Summit Global Investments 0.44% of their portfolio BOUNTIFUL, UT 185,262185.3k $7.4m $7.4m 0.44% Added +29.1k +29,140
72 Sanctuary Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 177,048177.0k $7.1m $7.1m 0.04% Reduced -35.2k -35,210
73 Canal Capital Management, LLC 0.95% of their portfolio Richmond, VA 175,691175.7k $7.1m $7.1m 0.95% Reduced -7.6k -7,607
74 O'Connor Financial Group LLC 2.87% of their portfolio QUINCY, IL 174,552174.6k $7.0m $7.0m 2.87% Added +1.4k +1,395
75 Advisory Services Network, LLC 0.09% of their portfolio ATLANTA, GA 173,737173.7k $7.0m $7.0m 0.09% Added +27.7k +27,669
76 Palogic Value Management, L.P. 2.92% of their portfolio DALLAS, TX 166,381166.4k $6.7m $6.7m 2.92% Reduced -364 -364
77 Western Wealth Management, LLC 0.25% of their portfolio GOLDEN, CO 163,006163.0k $6.5m $6.5m 0.25% Added +135.2k +135,159
78 CreativeOne Wealth, LLC 0.15% of their portfolio OVERLAND PARK, KS 156,868156.9k $6.3m $6.3m 0.15% Reduced -17.2k -17,233
79 Cynosure Group, LLC 0.79% of their portfolio Salt Lake City, UT 156,785156.8k $6.3m $6.3m 0.79% Added +49.6k +49,627
80 S&A Financial Services, Inc. 4.30% of their portfolio Overland Park, KS 156,016156.0k $6.3m $6.3m 4.30% First filing
81 Live Oak Investment Partners 3.64% of their portfolio AUSTIN, TX 153,425153.4k $6.2m $6.2m 3.64% Reduced -658 -658
82 BLUELINE ADVISORS LLC 4.68% of their portfolio EXETER, NH 150,481150.5k $6.0m $6.0m 4.68% Reduced -9.0k -8,997
83 Westview Management dba Westview Investment Advisors 3.13% of their portfolio BURLINGTON, VT 150,006150.0k $6.0m $6.0m 3.13% Reduced -11.1k -11,141
84 WEDBUSH SECURITIES INC 0.17% of their portfolio PASADENA, CA 145,248145.2k $5.8m $5.8m 0.17% Reduced -25.3k -25,300
85 OPPENHEIMER & CO INC 0.07% of their portfolio NEW YORK, NY 141,265141.3k $5.7m $5.7m 0.07% Added +28.1k +28,146
86 RAINEY & RANDALL WEALTH ADVISORS INC. 0.91% of their portfolio Celebration, FL 140,046140.0k $5.6m $5.6m 0.91% Reduced -4.1k -4,118
87 Plan Group Financial, LLC 1.31% of their portfolio OKLAHOMA CITY, OK 138,766138.8k $5.6m $5.6m 1.31% Added +5.9k +5,862
88 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 137,149137.1k $5.5m $5.5m 0.01% Added +12.4k +12,364
89 Aspire Private Capital, LLC 1.21% of their portfolio Cornelius, NC 133,859133.9k $5.4m $5.4m 1.21% Added +6.7k +6,741
90 Windsor Capital Management, LLC 1.47% of their portfolio Phoenix, AZ 129,801129.8k $5.2m $5.2m 1.47% Added +4.3k +4,341
91 FIRST FOUNDATION ADVISORS 0.21% of their portfolio Irvine, CA 128,343128.3k $5.2m $5.2m 0.21% Reduced -200.9k -200,913
92 CITY NATIONAL BANK OF FLORIDA /MSD 3.05% of their portfolio CORAL GABLES, FL 127,637127.6k $5.1m $5.1m 3.05% Added +34.8k +34,760
93 Curtis Advisory Group, LLC 1.10% of their portfolio SANTA BARBARA, CA 126,978127.0k $5.1m $5.1m 1.10% Reduced -571 -571
94 J HAGAN CAPITAL, INC. 2.72% of their portfolio LOUISVILLE, KY 125,578125.6k $5.0m $5.0m 2.72% Added +22.6k +22,599
95 NewSquare Capital LLC 0.44% of their portfolio NEWTOWN SQUARE, PA 125,078125.1k $5.0m $5.0m 0.44% Reduced -3.9k -3,921
96 Steward Partners Investment Advisory, LLC 0.03% of their portfolio STAMFORD, CT 122,251122.3k $4.9m $4.9m 0.03% Added +11.4k +11,362
97 Valtinson Bruner Financial Planning LLC 1.31% of their portfolio NEW BRIGHTON, MN 119,235119.2k $4.8m $4.8m 1.31% Added +10.9k +10,865
98 Waverly Advisors, LLC 0.04% of their portfolio BIRMINGHAM, AL 116,707116.7k $4.7m $4.7m 0.04% Added +3.1k +3,126
99 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 113,743113.7k $4.6m $4.6m 0.01% Added +9.8k +9,782
100 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 112,792112.8k $4.5m $4.5m 0.00% Reduced -12.0k -12,025