Vault-13

SPDR SER TR SJNK

BLOOMBERG SHT TE · ETP · CUSIP 78468R408

361 institutional holders +20 vs Q3 2023
119,321,025119.3m shares reported held*
$3.0bnreported value*
43 new 123 added 131 reduced 36 sold out net bought ≈ $261.6m (+10.7m 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 ($601.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.14. Options: 2 managers hold calls ($321.8k notional), 1 hold puts ($25.1k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 296Q4 22: 349Q1 23: 320Q2 23: 348Q3 23: 341Q4 23: 361361Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022296
Q4 2022349
Q1 2023320
Q2 2023348
Q3 2023341
Q4 2023361

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 184 bought or addedQ4 22: 137 cut or sold outQ4 22Q1 23: 141 bought or addedQ1 23: 193 cut or sold outQ1 23Q2 23: 188 bought or addedQ2 23: 133 cut or sold outQ2 23Q3 23: 151 bought or addedQ3 23: 167 cut or sold outQ3 23Q4 23: 166 bought or addedQ4 23: 167 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022184137
Q1 2023141193
Q2 2023188133
Q3 2023151167
Q4 2023166167

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ1 23 calls: $635.9kQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $214.9kQ2 23 puts: $74.1kQ2 23P/C 0.34Q3 23 calls: $905.0kQ3 23 puts: $429.8kQ3 23P/C 0.47Q4 23 calls: $321.8kQ4 23 puts: $25.1kQ4 23P/C 0.08
Numbers
QuarterCallsPutsP/C
Q1 2023$635.9k$00.00
Q2 2023$214.9k$74.1k0.34
Q3 2023$905.0k$429.8k0.47
Q4 2023$321.8k$25.1k0.08

Biggest buyers

Ilmarinen Mutual Pension Insurance Co Added +3,600,000+3.6m
JPMORGAN CHASE & CO Added +2,821,499+2.8m
Angeles Investment Advisors, LLC Added +2,513,100+2.5m
Kensington Asset Management, LLC New +2,048,700+2.0m
SG Americas Securities, LLC New +1,193,932+1.2m
STATE OF WISCONSIN INVESTMENT BOARD New +1,190,000+1.2m
Thrivent Financial for Lutherans Added +1,110,000+1.1m
MORGAN STANLEY Added +1,070,824+1.1m
Cornerstone National Bank & Trust Co New +875,676+875.7k
CAPSTONE INVESTMENT ADVISORS, LLC New +826,701+826.7k

Biggest sellers

State of New Jersey Common Pension Fund D Reduced -4,950,000-5.0m
Elo Mutual Pension Insurance Co Sold out -2,006,000-2.0m
Ocean Park Asset Management, LLC Reduced -801,792-801.8k
CANTOR FITZGERALD, L. P. Sold out -628,705-628.7k
Jefferies Financial Group Inc. Reduced -586,260-586.3k
AMERIPRISE FINANCIAL INC Reduced -555,314-555.3k
BANK OF AMERICA CORP /DE/ Reduced -536,679-536.7k
BTS Asset Management, Inc. Sold out -510,714-510.7k
GOLDMAN SACHS GROUP INC Reduced -501,805-501.8k
Merit Financial Group, LLC Reduced -410,533-410.5k

Biggest calls

CITADEL ADVISORS LLC Reduced $321.8k12.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC New $25.1k1.0k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Ilmarinen Mutual Pension Insurance Co 4.55% of their portfolio HELSINKI, H9 13,361,70313.4m $335.9m $335.9m 4.55% Added +3.6m +3,600,000
2 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 8,534,2538.5m $214.9m $214.9m 0.06% Reduced -555.3k -555,314
3 GRIMES & Co WEALTH MANAGEMENT, LLC 5.59% of their portfolio WESTBOROUGH, MA 6,721,8316.7m $169.0m $169.0m 5.59% Added +111.6k +111,565
4 Ocean Park Asset Management, LLC 6.31% of their portfolio SANTA MONICA, CA 5,123,6005.1m $128.8m $128.8m 6.31% Reduced -801.8k -801,792
5 Angeles Investment Advisors, LLC 6.57% of their portfolio SANTA MONICA, CA 4,336,2604.3m $109.0m $109.0m 6.57% Added +2.5m +2,513,100
6 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,819,9483.8m $96.0m $96.0m 0.00% Added +2.8m +2,821,499
7 Clark Capital Management Group, Inc. 0.59% of their portfolio PHILADELPHIA, PA 2,860,4662.9m $71.9m $71.9m 0.59% Reduced -36.6k -36,640
8 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 2,794,1152.8m $70.2m $70.2m 0.04% Added +107.8k +107,772
9 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 2,758,0932.8m $69.3m $69.3m 0.03% Reduced -126.9k -126,930
10 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 2.16% of their portfolio Seattle, WA 2,529,1432.5m $63.6m $63.6m 2.16% Added +105.7k +105,710
11 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 2,427,4452.4m $61.0m $61.0m 0.02% Added +48.2k +48,226
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,329,3822.3m $58.6m $58.6m 0.00% Added +1.1m +1,070,824
13 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,091,3232.1m $52.6m $52.6m 0.01% Reduced -536.7k -536,679
14 Kensington Asset Management, LLC 2.68% of their portfolio AUSTIN, TX 2,048,7002.0m $51.5m $51.5m 2.68% New
15 Wealthfront Advisers LLC 0.19% of their portfolio Palo Alto, CA 2,015,0002.0m $50.7m $50.7m 0.19% Added +56.0k +55,981
16 NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio NEW YORK, NY 1,901,5551.9m $47.8m $47.8m 0.04% Reduced -83.5k -83,520
17 Aristotle Pacific Capital, LLC 19.74% of their portfolio NEWPORT BEACH, CA 1,898,0751.9m $47.7m $47.7m 19.74% Unchanged
18 Thrivent Financial for Lutherans 0.10% of their portfolio Minneapolis, MN 1,786,0691.8m $44.9m $44.9m 0.10% Added +1.1m +1,110,000
19 ASSETMARK, INC 0.15% of their portfolio CONCORD, CA 1,692,1781.7m $42.5m $42.5m 0.15% Reduced -93.4k -93,420
20 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,614,2671.6m $40.6m $40.6m 0.02% Added +221.2k +221,235
21 State of New Jersey Common Pension Fund D 0.13% of their portfolio TRENTON, NJ 1,600,0001.6m $40.2m $40.2m 0.13% Reduced -5.0m -4,950,000
22 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 1,568,8451.6m $39.4m $39.4m 0.07% Reduced -64.8k -64,767
23 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 1,559,9021.6m $39.2m $39.2m 0.02% Added +321.4k +321,363
24 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,494,9231.5m $37.6m $37.6m 0.01% Added +52.5k +52,478
25 SIGMA INVESTMENT COUNSELORS INC 2.48% of their portfolio NORTHVILLE, MI 1,395,0301.4m $35.1m $35.1m 2.48% Reduced -58.0k -58,001
26 Advisors Capital Management, LLC 0.68% of their portfolio RIDGEWOOD, NJ 1,334,8141.3m $33.6m $33.6m 0.68% Reduced -232.1k -232,106
27 SG Americas Securities, LLC 0.33% of their portfolio NEW YORK, NY 1,193,9321.2m $30.0m $30.0m 0.33% New
28 STATE OF WISCONSIN INVESTMENT BOARD 0.08% of their portfolio MADISON, WI 1,190,0001.2m $29.9m $29.9m 0.08% New
29 SHENKMAN CAPITAL MANAGEMENT INC 1.79% of their portfolio NEW YORK, NY 1,126,0001.1m $25.0m $25.0m 1.79% Added +812.5k +812,500
30 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.09% of their portfolio TORONTO, A6 1,000,0001.0m $25.1m $25.1m 0.09% Unchanged
31 Essex LLC 6.08% of their portfolio DEER PARK, IL 972,113972.1k $24.4m $24.4m 6.08% Added +15.0k +14,958
32 CWM, LLC 0.13% of their portfolio OMAHA, NE 931,011931.0k $23.4m $23.4m 0.13% Added +429.0k +429,008
33 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 891,300891.3k $22.4m $22.4m 0.03% Added +754.8k +754,800
34 Cornerstone National Bank & Trust Co 11.79% of their portfolio PALATINE, IL 875,676875.7k $22.0m $22.0m 11.79% New
35 Zega Financial, LLC 8.90% of their portfolio Palm Beach Gardens, FL 849,115849.1k $21.3m $21.3m 8.90% First filing
36 CAPSTONE INVESTMENT ADVISORS, LLC 0.36% of their portfolio NEW YORK, NY 826,701826.7k $20.8m $20.8m 0.36% New
37 WILBANKS SMITH & THOMAS ASSET MANAGEMENT LLC 0.60% of their portfolio NORFOLK, VA 785,178785.2k $19.7m $19.7m 0.60% Added +136.8k +136,750
38 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 778,936778.9k $19.6m $19.6m 0.03% Added +2.3k +2,289
39 Financial Partners Group, Inc 3.31% of their portfolio Overland Park, KS 734,672734.7k $18.5m $18.5m 3.31% Added +59.5k +59,508
40 SAM Advisors, LLC 6.83% of their portfolio OAKHURST, CA 727,192727.2k $17.3m $17.3m 6.83% Added +549.4k +549,432
41 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 705,424705.4k $17.7m $17.7m 0.02% New
42 ANGELES WEALTH MANAGEMENT, LLC 2.02% of their portfolio SANTA MONICA, CA 659,293659.3k $16.6m $16.6m 2.02% Reduced -8.1k -8,084
43 TRUSTMARK BANK TRUST DEPARTMENT 1.45% of their portfolio JACKSON, MS 634,110634.1k $15.9m $15.9m 1.45% Added +5.4k +5,413
44 FULTON BREAKEFIELD BROENNIMAN LLC 1.24% of their portfolio Bethesda, MD 614,820614.8k $15.5m $15.5m 1.24% Reduced -42.5k -42,476
45 Schonfeld Strategic Advisors LLC 0.11% of their portfolio NEW YORK, NY 555,059555.1k $14.0m $14.0m 0.11% New
46 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 525,565525.6k $13.2m $13.2m 0.02% Added +79.2k +79,174
47 Mariner, LLC 0.03% of their portfolio Overland Park, KS 469,015469.0k $11.8m $11.8m 0.03% Added +51.0k +51,027
48 Matthew Goff Investment Advisor, LLC 2.56% of their portfolio HOUSTON, TX 458,629458.6k $11.5m $11.5m 2.56% Added +78.4k +78,394
49 Good Life Advisors, LLC 1.13% of their portfolio READING, PA 455,581455.6k $11.5m $11.5m 1.13% Added +848 +848
50 Berkshire Money Management, Inc. 1.47% of their portfolio DALTON, MA 440,092440.1k $11.1m $11.1m 1.47% Added +26.9k +26,882
51 NOMURA ASSET MANAGEMENT CO LTD 0.05% of their portfolio TOKYO, M0 438,000438.0k $11.0m $11.0m 0.05% Unchanged
52 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 426,701426.7k $10.7m $10.7m 0.01% Added +8.9k +8,950
53 Balyasny Asset Management L.P. 0.03% of their portfolio Chicago, IL 415,002415.0k $10.4m $10.4m 0.03% Added +313.7k +313,679
54 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 405,000405.0k $10.2m $10.2m 0.02% Unchanged
55 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 396,353396.4k $10.0m $10.0m 0.00% New
56 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 0.76% of their portfolio NEW YORK, NY 392,158392.2k $9.9m $9.9m 0.76% First filing
57 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.31% of their portfolio TOKYO, M0 392,045392.0k $9.9m $9.9m 0.31% Added +54.7k +54,749
58 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 385,337385.3k $9.7m $9.7m 0.02% Added +14.6k +14,577
59 Curran Financial Partners, LLC 3.43% of their portfolio DANIEL ISLAND, SC 356,008356.0k $8.9m $8.9m 3.43% Added +15.5k +15,537
60 GREENWOOD CAPITAL ASSOCIATES LLC 0.54% of their portfolio GREENWOOD, SC 330,946330.9k $8.3m $8.3m 0.54% Added +162.9k +162,928
61 Echo45 Advisors LLC 6.10% of their portfolio WALNUT CREEK, CA 315,561315.6k $7.9m $7.9m 6.10% Reduced -60.3k -60,332
62 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 292,500292.5k $7.4m $7.4m 0.01% Unchanged
63 IRONWOOD WEALTH MANAGEMENT, INC. 3.93% of their portfolio HURRICANE, WV 284,574284.6k $7.2m $7.2m 3.93% Added +4.6k +4,641
64 Baker Avenue Asset Management, LP 0.30% of their portfolio SAN FRANCISCO, CA 275,019275.0k $6.9m $6.9m 0.30% Added +21.1k +21,113
65 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 274,486274.5k $6.9m $6.9m 0.02% Added +58.1k +58,128
66 Atria Investments, Inc 0.10% of their portfolio Charlotte, NC 261,614261.6k $6.6m $6.6m 0.10% Reduced -140.0k -139,959
67 IHT Wealth Management, LLC 0.29% of their portfolio Chicago, IL 257,117257.1k $6.5m $6.5m 0.29% Added +1.4k +1,428
68 Little Harbor Advisors, LLC 4.63% of their portfolio MARBLEHEAD, MA 255,600255.6k $6.4m $6.4m 4.63% Reduced -5.2k -5,214
69 Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 1.15% of their portfolio FORT WORTH, TX 254,977255.0k $6.4m $6.4m 1.15% Reduced -68.1k -68,125
70 HOWARD FINANCIAL SERVICES, LTD. 1.22% of their portfolio DALLAS, TX 250,529250.5k $6.3m $6.3m 1.22% Added +104.6k +104,606
71 Great Lakes Retirement, Inc. 1.03% of their portfolio SANDUSKY, OH 249,546249.5k $6.3m $6.3m 1.03% Added +18.8k +18,763
72 Certified Advisory Corp 0.93% of their portfolio ALTAMONTE SPRINGS, FL 242,609242.6k $6.1m $6.1m 0.93% Reduced -23.4k -23,412
73 Waterloo Capital, L.P. 0.89% of their portfolio AUSTIN, TX 218,870218.9k $5.5m $5.5m 0.89% New
74 Employees' Retirement Fund of the City of Fort Worth 1.03% of their portfolio FORT WORTH, TX 205,000205.0k $5.2m $5.2m 1.03% Unchanged
75 OPPENHEIMER ASSET MANAGEMENT INC. 0.07% of their portfolio NEW YORK, NY 203,425203.4k $5.1m $5.1m 0.07% Added +7.5k +7,495
76 Sound Income Strategies, LLC 0.42% of their portfolio FT LAUDERDALE, FL 202,429202.4k $5.1m $5.1m 0.42% Added +7.9k +7,891
77 TOEWS CORP /ADV 1.18% of their portfolio NORTHFIELD, NJ 197,200197.2k $5.0m $5.0m 1.18% New
78 Disciplined Investments, LLC 2.84% of their portfolio TULSA, OK 193,041193.0k $4.9m $4.9m 2.84% Added +1.3k +1,294
79 FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC 0.28% of their portfolio Greenbrae, CA 190,348190.3k $4.8m $4.8m 0.28% Reduced -1.5k -1,477
80 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 187,877187.9k $4.7m $4.7m 0.00% Reduced -7.5k -7,494
81 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 186,645186.6k $4.7m $4.7m 0.01% Reduced -39.1k -39,100
82 ADELL HARRIMAN & CARPENTER INC 0.43% of their portfolio HOUSTON, TX 185,435185.4k $4.7m $4.7m 0.43% Added +138.9k +138,925
83 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 183,354183.4k $4.6m $4.6m 0.00% Unchanged
84 Guardian Wealth Advisors, LLC 3.15% of their portfolio ST LOUIS PARK, MN 179,519179.5k $4.5m $4.5m 3.15% Reduced -555 -555
85 Kingsview Wealth Management, LLC 0.13% of their portfolio GRANTS PASS, OR 173,912173.9k $4.4m $4.4m 0.13% Added +7.6k +7,614
86 Missouri Trust & Investment Co 1.75% of their portfolio SPRINGFIELD, MO 172,408172.4k $4.3m $4.3m 1.75% Added +31.4k +31,444
87 Sharper & Granite LLC 2.20% of their portfolio EL SEGUNDO, CA 169,210169.2k $4.3m $4.3m 2.20% Added +19.3k +19,335
88 CENTAURUS FINANCIAL, INC. 0.31% of their portfolio ANAHEIM, CA 162,440162.4k $4.1m $4.1m 0.31% Reduced -2.7k -2,727
89 Strategic Advocates LLC 1.71% of their portfolio SACRAMENTO, CA 160,203160.2k $4.0m $4.0m 1.71% Reduced -150.0k -149,965
90 Cetera Advisor Networks LLC 0.02% of their portfolio EL SEGUNDO, CA 158,459158.5k $4.0m $4.0m 0.02% Reduced -18.1k -18,127
91 GUGGENHEIM CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 158,374158.4k $4.0m $4.0m 0.03% Added +23.4k +23,444
92 Fifth Third Securities, Inc. 0.39% of their portfolio Cincinnati, OH 151,134151.1k $3.8m $3.8m 0.39% Added +3.2k +3,192
93 Caldwell Trust Co 0.46% of their portfolio Venice, FL 146,282146.3k $3.7m $3.7m 0.46% Added +23.9k +23,900
94 SYKON CAPITAL LLC 1.43% of their portfolio HARRISON, NY 142,958143.0k $3.6m $3.6m 1.43% New
95 PARK AVENUE SECURITIES LLC 0.05% of their portfolio NEW YORK, NY 142,678142.7k $3.6m $3.6m 0.05% Added +57.8k +57,819
96 Steward Partners Investment Advisory, LLC 0.05% of their portfolio STAMFORD, CT 140,644140.6k $3.5m $3.5m 0.05% Reduced -4.9k -4,877
97 WT Wealth Management 1.36% of their portfolio SCOTTSDALE, AZ 136,527136.5k $3.4m $3.4m 1.36% Reduced -30.0k -29,984
98 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 135,208135.2k $3.4m $3.4m 0.00% Added +34.3k +34,268
99 DAVENPORT & Co LLC 0.02% of their portfolio RICHMOND, VA 131,336131.3k $3.3m $3.3m 0.02% Added +25.9k +25,930
100 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 128,250128.2k $3.2m $3.2m 0.00% Reduced -20.5k -20,500