Vault-13

SPDR SER TR SPTS

PORTFOLIO SH TSR · ETP · CUSIP 78468R101

426 institutional holders +29 vs Q3 2025
169,542,282169.5m shares reported held*
$5.0bnreported value*
42 new 179 added 129 reduced 27 sold out net bought ≈ $147.0m (+5.0m 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 ($5.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $29.29.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 285Q4 22: 304Q1 23: 332Q2 23: 331Q3 23: 334Q4 23: 366Q1 24: 346Q2 24: 365Q3 24: 383Q4 24: 396Q1 25: 384Q2 25: 392Q3 25: 397Q4 25: 426426Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022285
Q4 2022304
Q1 2023332
Q2 2023331
Q3 2023334
Q4 2023366
Q1 2024346
Q2 2024365
Q3 2024383
Q4 2024396
Q1 2025384
Q2 2025392
Q3 2025397
Q4 2025426

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 164 bought or addedQ1 24: 191 cut or sold outQ2 24: 189 bought or addedQ2 24: 158 cut or sold outQ2 24Q3 24: 208 bought or addedQ3 24: 151 cut or sold outQ4 24: 183 bought or addedQ4 24: 184 cut or sold outQ4 24Q1 25: 196 bought or addedQ1 25: 182 cut or sold outQ2 25: 173 bought or addedQ2 25: 202 cut or sold outQ2 25Q3 25: 212 bought or addedQ3 25: 169 cut or sold outQ4 25: 221 bought or addedQ4 25: 156 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024164191
Q2 2024189158
Q3 2024208151
Q4 2024183184
Q1 2025196182
Q2 2025173202
Q3 2025212169
Q4 2025221156

Biggest buyers

Municipal Employees' Retirement System of Michigan Added +3,937,024+3.9m
Focus Partners Wealth Added +625,270+625.3k
Concurrent Investment Advisors, LLC Added +553,249+553.2k
STATE STREET CORP Added +498,279+498.3k
Impact Partnership Wealth, LLC Added +468,085+468.1k
MAI Capital Management Added +464,377+464.4k
WorthPointe, LLC Added +434,911+434.9k
Alliance Wealth Advisors, LLC /UT Added +391,549+391.5k
DAGCO, INC. Added +371,484+371.5k
Cullen/Frost Bankers, Inc. New +353,284+353.3k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -2,670,795-2.7m
RENAISSANCE TECHNOLOGIES LLC Sold out -961,800-961.8k
Tower Research Capital LLC (TRC) Sold out -581,426-581.4k
NorthCoast Asset Management LLC Sold out -486,182-486.2k
JPMORGAN CHASE & CO Reduced -447,758-447.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -369,891-369.9k
Stratos Wealth Partners, LTD. Reduced -366,776-366.8k
Trilogy Capital Inc. Reduced -275,287-275.3k
GM Advisory Group, LLC Reduced -274,355-274.4k
WELLS FARGO & COMPANY/MN Reduced -272,225-272.2k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Municipal Employees' Retirement System of Michigan 8.57% of their portfolio LANSING, MI 25,879,76225.9m $757.8m $757.8m 8.57% Added +3.9m +3,937,024
2 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 13,497,34613.5m $395.2m $395.2m 0.03% Reduced -2.7m -2,670,795
3 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 13,321,66613.3m $390.1m $390.1m 0.01% Added +498.3k +498,279
4 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 8,447,6298.4m $247.3m $247.3m 0.07% Reduced -167.6k -167,615
5 Richard Bernstein Advisors LLC 6.12% of their portfolio NEW YORK, NY 7,109,8607.1m $208.2m $208.2m 6.12% Added +6.2k +6,182
6 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 5,738,8315.7m $168.0m $168.0m 0.05% Added +199.2k +199,176
7 GLOBALT Investments LLC / GA 4.74% of their portfolio Atlanta, GA 4,438,6904.4m $130.0m $130.0m 4.74% Reduced -16.6k -16,558
8 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 4,385,4274.4m $128.4m $128.4m 0.03% Added +257.7k +257,691
9 Members Trust Co 3.36% of their portfolio TAMPA, FL 3,518,6243.5m $103.0m $103.0m 3.36% Added +68.1k +68,056
10 Cerity Partners LLC 0.13% of their portfolio NEW YORK, NY 3,048,1813.0m $89.3m $89.3m 0.13% Added +266.5k +266,521
11 EVERMAY WEALTH MANAGEMENT LLC 8.94% of their portfolio ARLINGTON, VA 2,721,3332.7m $79.7m $79.7m 8.94% Added +149.9k +149,931
12 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 2,569,9442.6m $75.2m $75.2m 0.01% Reduced -272.2k -272,225
13 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 2,289,2732.3m $67.0m $67.0m 0.01% Added +177.3k +177,287
14 FLPUTNAM INVESTMENT MANAGEMENT CO 0.95% of their portfolio PORTLAND, ME 2,236,2142.2m $65.5m $65.5m 0.95% Added +200.6k +200,620
15 HighTower Advisors, LLC 0.06% of their portfolio CHICAGO, IL 2,028,2252.0m $59.4m $59.4m 0.06% Reduced -98.4k -98,436
16 Modern Wealth Management, LLC 0.98% of their portfolio KANSAS CITY, MO 1,832,1391.8m $53.6m $53.6m 0.98% Added +86.3k +86,260
17 Portland Global Advisors LLC 5.16% of their portfolio PORTLAND, ME 1,643,0421.6m $48.1m $48.1m 5.16% Added +144.9k +144,936
18 GM Advisory Group, LLC 1.87% of their portfolio MELVILLE, NY 1,634,3441.6m $47.9m $47.9m 1.87% Reduced -274.4k -274,355
19 DAGCO, INC. 10.24% of their portfolio WESTLAKE, OH 1,513,9951.5m $44.3m $44.3m 10.24% Added +371.5k +371,484
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,508,7071.5m $44.2m $44.2m 0.00% Added +10.9k +10,868
21 TRUIST FINANCIAL CORP 0.06% of their portfolio CHARLOTTE, NC 1,445,1281.4m $42.3m $42.3m 0.06% Added +76.8k +76,823
22 CWM, LLC 0.11% of their portfolio OMAHA, NE 1,443,4451.4m $42.3m $42.3m 0.11% Reduced -181.5k -181,455
23 CAPE COD FIVE CENTS SAVINGS BANK 3.72% of their portfolio HYANNIS, MA 1,380,0361.4m $40.6m $40.6m 3.72% Unchanged
24 CASTLEARK MANAGEMENT LLC 1.15% of their portfolio CHICAGO, IL 1,334,0801.3m $39.1m $39.1m 1.15% Unchanged
25 Gerber Kawasaki Wealth & Investment Management 1.23% of their portfolio SANTA MONICA, CA 1,208,1471.2m $35.4m $35.4m 1.23% Added +88.9k +88,939
26 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 1,186,0951.2m $34.7m $34.7m 0.05% Reduced -138.4k -138,422
27 ACORN FINANCIAL ADVISORY SERVICES INC /ADV 5.05% of their portfolio Reston, VA 1,167,9541.2m $34.2m $34.2m 5.05% Added +162.8k +162,842
28 BANK OF NOVA SCOTIA 0.05% of their portfolio TORONTO, A6 1,159,4431.2m $33.9m $33.9m 0.05% Reduced -80.9k -80,886
29 HHM Wealth Advisors, LLC 3.79% of their portfolio CHATTANOOGA, TN 1,096,1371.1m $32.1m $32.1m 3.79% Reduced -20.3k -20,330
30 Quent Capital, LLC 2.15% of their portfolio NEW YORK, NY 1,019,7901.0m $29.9m $29.9m 2.15% Added +258.9k +258,854
31 CREATIVE FINANCIAL DESIGNS INC /ADV 1.84% of their portfolio KOKOMO, IN 998,947998.9k $29.2m $29.2m 1.84% Added +54.8k +54,769
32 WOODMONT INVESTMENT COUNSEL LLC 1.81% of their portfolio NASHVILLE, TN 984,643984.6k $28.8m $28.8m 1.81% Added +44.1k +44,066
33 Crane Advisory, LLC 4.33% of their portfolio FULLERTON, CA 978,112978.1k $28.6m $28.6m 4.33% Added +27.3k +27,256
34 Impact Partnership Wealth, LLC 3.50% of their portfolio MARIETTA, GA 933,179933.2k $27.3m $27.3m 3.50% Added +468.1k +468,085
35 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 919,302919.3k $26.9m $26.9m 0.01% Reduced -1.8k -1,814
36 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 911,216911.2k $26.7m $26.7m 0.03% Added +19.7k +19,675
37 PARK AVENUE SECURITIES LLC 0.22% of their portfolio NEW YORK, NY 877,665877.7k $25.7m $25.7m 0.22% Added +27.0k +26,996
38 Nelson Capital Management, LLC 2.96% of their portfolio MENLO PARK, CA 865,293865.3k $25.3m $25.3m 2.96% Added +31.7k +31,724
39 Heartwood Wealth Advisors LLC 2.32% of their portfolio RICHMOND, VA 859,179859.2k $25.2m $25.2m 2.32% Added +11.2k +11,235
40 Boston Standard Wealth Management, LLC 3.99% of their portfolio WINCHESTER, MA 824,795824.8k $24.1m $24.1m 3.99% Added +39.6k +39,554
41 EVERGREEN CAPITAL MANAGEMENT LLC 0.50% of their portfolio Bellevue, WA 760,572760.6k $22.3m $22.3m 0.50% Reduced -68.4k -68,380
42 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 753,390753.4k $22.1m $22.1m 0.00% Reduced -447.8k -447,758
43 ASSETMARK, INC 0.04% of their portfolio CONCORD, CA 736,546736.5k $21.6m $21.6m 0.04% Reduced -53.2k -53,164
44 UBS Group AG 0.00% of their portfolio ZURICH, V8 728,077728.1k $21.3m $21.3m 0.00% Added +18.7k +18,726
45 Private Advisor Group, LLC 0.10% of their portfolio MORRISTOWN, NJ 710,258710.3k $20.8m $20.8m 0.10% Reduced -43.4k -43,363
46 Focus Partners Wealth 0.02% of their portfolio ST LOUIS, MO 700,462700.5k $20.5m $20.5m 0.02% Added +625.3k +625,270
47 Steward Partners Investment Advisory, LLC 0.11% of their portfolio STAMFORD, CT 698,442698.4k $20.5m $20.5m 0.11% Added +44.5k +44,489
48 Equitable Holdings, Inc. 0.14% of their portfolio NEW YORK, NY 697,947697.9k $20.4m $20.4m 0.14% Added +44.2k +44,188
49 Great Point Wealth Advisors, LLC 3.42% of their portfolio BOSTON, MA 639,350639.4k $18.7m $18.7m 3.42% Added +50.3k +50,286
50 MANNING & NAPIER ADVISORS LLC 0.23% of their portfolio Fairport, NY 605,699605.7k $17.7m $17.7m 0.23% Added +115.4k +115,403
51 Concurrent Investment Advisors, LLC 0.20% of their portfolio Tampa, FL 586,463586.5k $17.2m $17.2m 0.20% Added +553.2k +553,249
52 ST GERMAIN D J CO INC 0.67% of their portfolio SPRINGFIELD, MA 585,237585.2k $17.1m $17.1m 0.67% Added +53.1k +53,102
53 Gradient Investments LLC 0.27% of their portfolio ARDEN HILLS, MN 582,225582.2k $17.0m $17.0m 0.27% Added +24.0k +24,040
54 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 561,888561.9k $16.5m $16.5m 0.01% Added +15.9k +15,939
55 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 550,382550.4k $16.1m $16.1m 0.02% Added +5.9k +5,919
56 Capital Group Private Client Services, Inc. 0.25% of their portfolio Los Angeles, CA 540,195540.2k $15.8m $15.8m 0.25% Reduced -34.1k -34,089
57 WorthPointe, LLC 4.13% of their portfolio La Jolla, CA 536,887536.9k $15.7m $15.7m 4.13% Added +434.9k +434,911
58 Composition Wealth, LLC 0.22% of their portfolio LOS ANGELES, CA 520,153520.2k $15.2m $15.2m 0.22% Added +66.9k +66,914
59 SeaBridge Investment Advisors LLC 2.46% of their portfolio SUMMIT, NJ 509,507509.5k $14.9m $14.9m 2.46% Added +137.4k +137,359
60 Fiduciary Group, LLC 1.23% of their portfolio SAVANNAH, GA 500,809500.8k $14.7m $14.7m 1.23% Added +59.7k +59,707
61 OakTrust Wealth Advisors, LLC 13.09% of their portfolio WILTON, CT 484,422484.4k $14.2m $14.2m 13.09% First filing
62 MAI Capital Management 0.08% of their portfolio INDEPENDENCE, OH 472,114472.1k $13.8m $13.8m 0.08% Added +464.4k +464,377
63 SIGNET FINANCIAL MANAGEMENT, LLC 1.46% of their portfolio PARSIPPANY, NJ 446,662446.7k $13.1m $13.1m 1.46% Added +22.9k +22,935
64 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 418,791418.8k $12.3m $12.3m 0.02% Added +18.4k +18,423
65 Alliance Wealth Advisors, LLC /UT 2.63% of their portfolio Centerville, UT 414,953415.0k $12.1m $12.1m 2.63% Added +391.5k +391,549
66 Rinkey Investments 3.03% of their portfolio San Diego, CA 406,949406.9k $11.9m $11.9m 3.03% Reduced -1.0k -1,007
67 O'Brien Wealth Partners LLC 1.57% of their portfolio Waltham, MA 406,398406.4k $11.9m $11.9m 1.57% Added +8.4k +8,409
68 Private Wealth Group, LLC 5.68% of their portfolio Tampa, FL 404,542404.5k $11.8m $11.8m 5.68% Added +45.2k +45,152
69 Manhattan West Asset Management, LLC 2.42% of their portfolio Los Angeles, CA 403,477403.5k $11.8m $11.8m 2.42% Added +85.4k +85,357
70 LIGHTHOUSE FINANCIAL SERVICES INC /ADV 2.70% of their portfolio BREA, CA 400,433400.4k $11.7m $11.7m 2.70% First filing
71 EP Wealth Advisors, LLC 0.06% of their portfolio TORRANCE, CA 381,567381.6k $11.2m $11.2m 0.06% First filing
72 Treasure Coast Financial Planning 5.70% of their portfolio VERO BEACH, FL 366,638366.6k $10.7m $10.7m 5.70% Added +17.6k +17,593
73 Merit Financial Group, LLC 0.09% of their portfolio ALPHARETTA, GA 366,209366.2k $10.7m $10.7m 0.09% Reduced -70.0k -69,957
74 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 364,566364.6k $10.7m $10.7m 0.01% Added +44.9k +44,901
75 Envestnet Portfolio Solutions, Inc. 0.04% of their portfolio BERWYN, PA 355,108355.1k $10.4m $10.4m 0.04% Added +9.3k +9,283
76 Cullen/Frost Bankers, Inc. 0.11% of their portfolio San Antonio, TX 353,284353.3k $10.3m $10.3m 0.11% New
77 Proficio Capital Partners LLC 0.72% of their portfolio NEWTON, MA 350,835350.8k $10.3m $10.3m 0.72% New
78 Glen Eagle Advisors, LLC 1.39% of their portfolio KINGSTON, NJ 348,099348.1k $10.2m $10.2m 1.39% Added +8.5k +8,532
79 Kingsview Wealth Management, LLC 0.14% of their portfolio GRANTS PASS, OR 339,553339.6k $9.9m $9.9m 0.14% Added +78.7k +78,663
80 Tilson Financial Group, Inc. 2.90% of their portfolio NEW PROVIDENCE, NJ 321,412321.4k $9.4m $9.4m 2.90% Added +17.5k +17,547
81 Fonville Wealth Management LLC 1.92% of their portfolio RICHMOND, VA 320,152320.2k $9.4m $9.4m 1.92% Added +96.9k +96,862
82 Madison Asset Management, LLC 0.10% of their portfolio MADISON, WI 306,015306.0k $9.0m $9.0m 0.10% Reduced -131 -131
83 S. R. Schill & Associates 6.07% of their portfolio MERCER ISLAND, WA 293,553293.6k $8.6m $8.6m 6.07% Reduced -1.1k -1,087
84 Pinnacle Financial Partners, Inc. 0.06% of their portfolio ATLANTA, GA 291,112291.1k $8.5m $8.5m 0.06% First filing
85 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 284,741284.7k $8.3m $8.3m 0.02% Added +18.5k +18,545
86 MTC Wealth Management LLC 3.83% of their portfolio TAMPA, FL 278,987279.0k $8.2m $8.2m 3.83% Reduced -2.1k -2,081
87 Mariner, LLC 0.01% of their portfolio Overland Park, KS 271,829271.8k $8.0m $8.0m 0.01% Reduced -67.2k -67,170
88 DGS Capital Management, LLC 1.36% of their portfolio JERSEY CITY, NJ 270,890270.9k $7.9m $7.9m 1.36% Added +8.5k +8,455
89 Wescott Financial Advisory Group, LLC 0.69% of their portfolio Philadelphia, PA 269,595269.6k $7.9m $7.9m 0.69% Reduced -2.1k -2,081
90 SILVER OAK SECURITIES, INCORPORATED 0.51% of their portfolio JACKSON, TN 257,546257.5k $7.5m $7.5m 0.51% Added +178.7k +178,740
91 INTEGRATED CAPITAL MANAGEMENT, INC. 5.01% of their portfolio JESSUP, PA 257,412257.4k $7.5m $7.5m 5.01% Added +12.0k +11,984
92 Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio SEOUL, M5 257,000257.0k $7.5m $7.5m 0.02% Added +10.0k +10,000
93 Main Line Retirement Advisors, LLC 3.75% of their portfolio WHITEFISH, MT 253,095253.1k $7.4m $7.4m 3.75% Added +13.0k +12,982
94 CreativeOne Wealth, LLC 0.18% of their portfolio OVERLAND PARK, KS 252,574252.6k $7.4m $7.4m 0.18% Reduced -4.4k -4,435
95 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 239,296239.3k $7.0m $7.0m 0.00% Added +147.2k +147,160
96 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 237,962238.0k $7.0m $7.0m 0.01% Added +229.1k +229,091
97 HighPoint Advisor Group LLC 0.15% of their portfolio DOWNERS GROVE, IL 236,742236.7k $6.9m $6.9m 0.15% New
98 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 234,546234.5k $6.9m $6.9m 0.01% Added +194.2k +194,217
99 Waverly Advisors, LLC 0.06% of their portfolio BIRMINGHAM, AL 233,963234.0k $6.9m $6.9m 0.06% Added +25.3k +25,334
100 Austin Wealth Management, LLC 1.01% of their portfolio Austin, TX 232,465232.5k $6.8m $6.8m 1.01% Reduced -21.6k -21,556