Vault-13

SPDR SER TR SJNK

BLOOMBERG SHT TE · ETP · CUSIP 78468R408

396 institutional holders +16 vs Q1 2025
127,024,017127.0m shares reported held*
$3.2bnreported value*
45 new 147 added 133 reduced 32 sold out net sold ≈ $123.2m (-4.8m 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 ($2.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.46. Options: 3 managers hold calls ($1.0m notional), 2 hold puts ($540.2k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 296Q4 22: 349Q1 23: 320Q2 23: 348Q3 23: 341Q4 23: 361Q1 24: 351Q2 24: 362Q3 24: 359Q4 24: 384Q1 25: 380Q2 25: 396396Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022296
Q4 2022349
Q1 2023320
Q2 2023348
Q3 2023341
Q4 2023361
Q1 2024351
Q2 2024362
Q3 2024359
Q4 2024384
Q1 2025380
Q2 2025396

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 151 bought or addedQ3 23: 167 cut or sold outQ4 23: 166 bought or addedQ4 23: 167 cut or sold outQ4 23Q1 24: 183 bought or addedQ1 24: 152 cut or sold outQ2 24: 169 bought or addedQ2 24: 160 cut or sold outQ2 24Q3 24: 178 bought or addedQ3 24: 141 cut or sold outQ4 24: 202 bought or addedQ4 24: 137 cut or sold outQ4 24Q1 25: 221 bought or addedQ1 25: 145 cut or sold outQ2 25: 192 bought or addedQ2 25: 165 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023151167
Q4 2023166167
Q1 2024183152
Q2 2024169160
Q3 2024178141
Q4 2024202137
Q1 2025221145
Q2 2025192165

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ3 24 calls: $7.7kQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $2.7mQ4 24 puts: $1.7mQ4 24P/C 0.62Q1 25 calls: $3.0mQ1 25 puts: $2.0mQ1 25P/C 0.68Q2 25 calls: $1.0mQ2 25 puts: $540.2kQ2 25P/C 0.52
Numbers
QuarterCallsPutsP/C
Q3 2024$7.7k$00.00
Q4 2024$2.7m$1.7m0.62
Q1 2025$3.0m$2.0m0.68
Q2 2025$1.0m$540.2k0.52

Biggest buyers

iA Global Asset Management Inc. Added +2,292,236+2.3m
ROYAL BANK OF CANADA Added +1,272,828+1.3m
Allspring Global Investments Holdings, LLC New +868,026+868.0k
Quadrature Capital Ltd New +617,893+617.9k
OSAIC HOLDINGS, INC. Added +602,389+602.4k
Atria Investments, Inc Added +498,702+498.7k
Mariner, LLC Added +414,869+414.9k
ASSETMARK, INC Added +382,912+382.9k
RiverFront Investment Group, LLC New +362,365+362.4k
Sumitomo Mitsui Trust Group, Inc. New +338,000+338.0k

Biggest sellers

Angeles Investment Advisors, LLC Reduced -3,203,140-3.2m
AMERIPRISE FINANCIAL INC Reduced -2,899,817-2.9m
Horizon Wealth Management, LLC Reduced -2,749,243-2.7m
GRIMES & Co WEALTH MANAGEMENT, LLC Reduced -1,517,395-1.5m
JPMORGAN CHASE & CO Reduced -584,898-584.9k
AMJ Financial Wealth Management Sold out -575,648-575.6k
Matthew Goff Investment Advisor, LLC Sold out -571,434-571.4k
Cornerstone National Bank & Trust Co Reduced -518,137-518.1k
Bank of New York Mellon Corp Reduced -409,949-409.9k
State of New Jersey Common Pension Fund D Reduced -400,000-400.0k

Biggest calls

CITADEL ADVISORS LLC Reduced $535.1k21.0k shares
GROUP ONE TRADING LLC Added $500.8k11.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $316.0k12.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $224.2k8.8k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 AMERIPRISE FINANCIAL INC 0.10% of their portfolio MINNEAPOLIS, MN 15,779,63015.8m $401.5m $401.5m 0.10% Reduced -2.9m -2,899,817
2 GRIMES & Co WEALTH MANAGEMENT, LLC 4.60% of their portfolio WESTBOROUGH, MA 6,641,0436.6m $169.2m $169.2m 4.60% Reduced -1.5m -1,517,395
3 Ocean Park Asset Management, LLC 4.74% of their portfolio SANTA MONICA, CA 5,311,5005.3m $133.6m $133.6m 4.74% Unchanged
4 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 4,698,3644.7m $119.7m $119.7m 0.04% Added +85.8k +85,754
5 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 4,521,0884.5m $115.2m $115.2m 0.03% Added +280.5k +280,528
6 NEUBERGER BERMAN GROUP LLC 0.07% of their portfolio NEW YORK, NY 3,785,1553.8m $96.4m $96.4m 0.07% Added +28.1k +28,099
7 State of New Jersey Common Pension Fund D 0.36% of their portfolio TRENTON, NJ 3,689,4153.7m $94.0m $94.0m 0.36% Reduced -400.0k -400,000
8 Wealthfront Advisers LLC 0.23% of their portfolio Palo Alto, CA 3,479,8263.5m $88.7m $88.7m 0.23% Added +212.2k +212,167
9 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 1.81% of their portfolio Seattle, WA 3,145,1513.1m $80.1m $80.1m 1.81% Added +141.1k +141,129
10 Clark Capital Management Group, Inc. 0.51% of their portfolio PHILADELPHIA, PA 2,866,9022.9m $73.0m $73.0m 0.51% Reduced -52.2k -52,154
11 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,789,9912.8m $71.1m $71.1m 0.01% Added +287.6k +287,647
12 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 2,741,3952.7m $69.6m $69.6m 0.02% Added +71.0k +71,029
13 RMG Wealth Management LLC 9.59% of their portfolio PLATTEVILLE, WI 2,455,7132.5m $62.3m $62.3m 9.59% First filing
14 iA Global Asset Management Inc. 0.93% of their portfolio QUEBEC, A8 2,419,1362.4m $61.6m $61.6m 0.93% Added +2.3m +2,292,236
15 ASSETMARK, INC 0.14% of their portfolio CONCORD, CA 2,259,4282.3m $57.6m $57.6m 0.14% Added +382.9k +382,912
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,094,6952.1m $53.4m $53.4m 0.00% Reduced -30.3k -30,265
17 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.84% of their portfolio TOKYO, M0 2,023,7062.0m $51.6m $51.6m 0.84% Added +107.2k +107,224
18 Advisors Capital Management, LLC 0.58% of their portfolio RIDGEWOOD, NJ 1,669,0161.7m $42.5m $42.5m 0.58% Added +92.0k +92,010
19 Berkshire Money Management, Inc. 4.38% of their portfolio DALTON, MA 1,633,6141.6m $41.6m $41.6m 4.38% Reduced -34.4k -34,433
20 SIGMA INVESTMENT COUNSELORS INC 2.17% of their portfolio NORTHVILLE, MI 1,544,5521.5m $39.4m $39.4m 2.17% Added +20.2k +20,240
21 Thrivent Financial for Lutherans 0.08% of their portfolio Minneapolis, MN 1,394,7001.4m $35.5m $35.5m 0.08% Unchanged
22 Aristotle Pacific Capital, LLC 16.88% of their portfolio NEWPORT BEACH, CA 1,381,7341.4m $35.2m $35.2m 16.88% Reduced -150.2k -150,164
23 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,356,2541.4m $34.6m $34.6m 0.00% Added +1.3m +1,272,828
24 RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio NEW YORK, NY 1,324,3001.3m $33.7m $33.7m 0.04% Added +182.8k +182,800
25 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,274,6781.3m $32.5m $32.5m 0.01% Added +110.4k +110,422
26 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,082,6441.1m $27.6m $27.6m 0.01% Reduced -409.9k -409,949
27 Essex LLC 5.27% of their portfolio DEER PARK, IL 1,050,8611.1m $26.8m $26.8m 5.27% Reduced -38.3k -38,286
28 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.05% of their portfolio TORONTO, A6 1,000,0001.0m $25.5m $25.5m 0.05% Unchanged
29 Angeles Investment Advisors, LLC 1.43% of their portfolio SANTA MONICA, CA 989,520989.5k $25.2m $25.2m 1.43% Reduced -3.2m -3,203,140
30 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 957,993958.0k $24.2m $24.2m 0.04% Added +602.4k +602,389
31 Allspring Global Investments Holdings, LLC 0.04% of their portfolio CHARLOTTE, NC 868,026868.0k $22.1m $22.1m 0.04% New
32 HOWARD FINANCIAL SERVICES, LTD. 2.82% of their portfolio DALLAS, TX 842,349842.3k $21.5m $21.5m 2.82% Added +38.2k +38,248
33 Mariner, LLC 0.03% of their portfolio Overland Park, KS 838,810838.8k $21.4m $21.4m 0.03% Added +414.9k +414,869
34 ANGELES WEALTH MANAGEMENT, LLC 1.37% of their portfolio SANTA MONICA, CA 781,264781.3k $19.9m $19.9m 1.37% Added +5.4k +5,398
35 Good Life Advisors, LLC 1.24% of their portfolio READING, PA 780,200780.2k $19.9m $19.9m 1.24% Added +72.6k +72,624
36 CAPSTONE INVESTMENT ADVISORS, LLC 0.16% of their portfolio NEW YORK, NY 732,801732.8k $18.7m $18.7m 0.16% Added +320.1k +320,100
37 Employees' Retirement Fund of the City of Fort Worth 8.35% of their portfolio FORT WORTH, TX 726,800726.8k $18.3m $18.3m 8.35% Unchanged
38 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 718,173718.2k $18.3m $18.3m 0.02% Reduced -912 -912
39 Atria Investments, Inc 0.21% of their portfolio Charlotte, NC 711,195711.2k $18.1m $18.1m 0.21% Added +498.7k +498,702
40 1832 Asset Management L.P. 0.03% of their portfolio TORONTO, A6 703,175703.2k $17.9m $17.9m 0.03% Added +23.1k +23,112
41 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 675,948675.9k $17.2m $17.2m 0.01% Reduced -190.9k -190,889
42 Quadrature Capital Ltd 0.27% of their portfolio LONDON, X0 617,893617.9k $15.8m $15.8m 0.27% New
43 Cornerstone National Bank & Trust Co 6.69% of their portfolio PALATINE, IL 611,024611.0k $15.6m $15.6m 6.69% Reduced -518.1k -518,137
44 ZEGA Investments, LLC 3.84% of their portfolio PALM BEACH GARDENS, FL 600,900600.9k $15.3m $15.3m 3.84% Reduced -240.7k -240,697
45 SHENKMAN CAPITAL MANAGEMENT INC 1.52% of their portfolio NEW YORK, NY 600,880600.9k $15.3m $15.3m 1.52% Added +320.8k +320,840
46 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 581,346581.3k $14.8m $14.8m 0.02% Reduced -33.2k -33,208
47 DAVENPORT & Co LLC 0.08% of their portfolio RICHMOND, VA 540,980541.0k $13.8m $13.8m 0.08% Added +25.9k +25,850
48 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 534,991535.0k $13.6m $13.6m 0.02% Reduced -212.7k -212,681
49 Curran Financial Partners, LLC 2.97% of their portfolio DANIEL ISLAND, SC 528,055528.1k $13.5m $13.5m 2.97% Added +21.9k +21,918
50 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 521,593521.6k $13.3m $13.3m 0.02% Added +90.8k +90,787
51 CWM, LLC 0.04% of their portfolio OMAHA, NE 465,755465.8k $11.9m $11.9m 0.04% Reduced -106.5k -106,475
52 NOMURA ASSET MANAGEMENT CO LTD 0.03% of their portfolio TOKYO, M0 453,944453.9k $11.6m $11.6m 0.03% Unchanged
53 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 453,004453.0k $11.5m $11.5m 0.03% Added +71.3k +71,336
54 FULTON BREAKEFIELD BROENNIMAN LLC 0.78% of their portfolio Bethesda, MD 450,699450.7k $11.5m $11.5m 0.78% Reduced -24.4k -24,367
55 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 450,000450.0k $11.5m $11.5m 0.00% Added +225.0k +225,000
56 Clearstead Advisors, LLC 0.16% of their portfolio CLEVELAND, OH 443,064443.1k $11.3m $11.3m 0.16% Added +177.1k +177,087
57 MOULTON WEALTH MANAGEMENT, INC 8.47% of their portfolio SPOKANE, WA 440,775440.8k $11.2m $11.2m 8.47% Added +316.7k +316,693
58 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 419,449419.4k $10.7m $10.7m 0.00% Reduced -584.9k -584,898
59 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 0.73% of their portfolio NEW YORK, NY 403,848403.8k $10.3m $10.3m 0.73% Reduced -7.0k -6,995
60 Lebenthal Global Advisors, LLC 1.79% of their portfolio Hauppauge, NY 376,978377.0k $9.6m $9.6m 1.79% Added +201.9k +201,874
61 PARK AVENUE SECURITIES LLC 0.09% of their portfolio NEW YORK, NY 373,269373.3k $9.5m $9.5m 0.09% Added +2.8k +2,810
62 Advisory Alpha, LLC 0.29% of their portfolio HOLLAND, MI 364,584364.6k $9.3m $9.3m 0.29% Added +32.5k +32,536
63 RiverFront Investment Group, LLC 0.18% of their portfolio RICHMOND, VA 362,365362.4k $9.2m $9.2m 0.18% New
64 Equitable Holdings, Inc. 0.07% of their portfolio NEW YORK, NY 343,664343.7k $8.8m $8.8m 0.07% Added +44.2k +44,174
65 Disciplined Investments, LLC 3.69% of their portfolio TULSA, OK 342,722342.7k $8.7m $8.7m 3.69% Added +15.1k +15,114
66 Certified Advisory Corp 0.90% of their portfolio ALTAMONTE SPRINGS, FL 338,175338.2k $8.6m $8.6m 0.90% Reduced -2.3k -2,349
67 Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio CHIYODA-KU, TOKYO, M0 338,000338.0k $8.6m $8.6m 0.01% New
68 GUGGENHEIM CAPITAL LLC 0.07% of their portfolio CHICAGO, IL 332,304332.3k $8.5m $8.5m 0.07% Added +33.7k +33,722
69 Sanctuary Advisors, LLC 0.05% of their portfolio INDIANAPOLIS, IN 331,549331.5k $8.4m $8.4m 0.05% Reduced -23.4k -23,402
70 Echo45 Advisors LLC 5.31% of their portfolio WALNUT CREEK, CA 330,441330.4k $8.4m $8.4m 5.31% Reduced -496 -496
71 Waterloo Capital, L.P. 0.67% of their portfolio AUSTIN, TX 327,608327.6k $8.3m $8.3m 0.67% Added +14.0k +14,036
72 Caldwell Trust Co 0.83% of their portfolio Venice, FL 327,382327.4k $8.3m $8.3m 0.83% Added +10.4k +10,352
73 IRONWOOD WEALTH MANAGEMENT, INC. 3.86% of their portfolio HURRICANE, WV 322,893322.9k $8.2m $8.2m 3.86% Added +41 +41
74 Tidal Investments LLC 0.05% of their portfolio Milwaukee, WI 320,199320.2k $8.2m $8.2m 0.05% New
75 Union Bancaire Privee, UBP SA 0.12% of their portfolio GENEVA 1, V8 319,600319.6k $8.1m $8.1m 0.12% Added +160.0k +160,000
76 Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 1.37% of their portfolio FORT WORTH, TX 312,199312.2k $8.0m $8.0m 1.37% Reduced -10.8k -10,815
77 &PARTNERS 0.06% of their portfolio NASHVILLE, TN 294,224294.2k $7.5m $7.5m 0.06% Reduced -58.3k -58,331
78 Farmers & Merchants Trust Co of Chambersburg PA 2.24% of their portfolio CHAMBERSBURG, PA 280,784280.8k $7.2m $7.2m 2.24% Added +28.7k +28,674
79 Sterling Manor Financial, LLC 4.75% of their portfolio Saratoga Springs, NY 279,839279.8k $7.1m $7.1m 4.75% Reduced -82 -82
80 Mason & Associates Inc 1.63% of their portfolio LOS ANGELES, CA 277,853277.9k $7.1m $7.1m 1.63% Reduced -237.6k -237,611
81 Crabel Capital Management, LLC 4.32% of their portfolio MILWAUKEE, WI 276,892276.9k $7.1m $7.1m 4.32% Added +167.4k +167,425
82 Financial Partners Group, Inc 0.96% of their portfolio Overland Park, KS 272,774272.8k $7.0m $7.0m 0.96% Reduced -178.0k -177,957
83 NorthCoast Asset Management LLC 0.03% of their portfolio STAMFORD, CT 269,055269.1k $6.9m $6.9m 0.03% New
84 TRUSTMARK BANK TRUST DEPARTMENT 0.46% of their portfolio JACKSON, MS 263,393263.4k $6.7m $6.7m 0.46% Added +2.6k +2,638
85 Kingsview Wealth Management, LLC 0.11% of their portfolio GRANTS PASS, OR 260,519260.5k $6.6m $6.6m 0.11% Added +11.8k +11,819
86 Merit Financial Group, LLC 0.07% of their portfolio ALPHARETTA, GA 258,251258.3k $6.6m $6.6m 0.07% Reduced -216.7k -216,729
87 Fifth Third Securities, Inc. 0.47% of their portfolio Cincinnati, OH 247,122247.1k $6.3m $6.3m 0.47% Added +3.6k +3,599
88 Sharper & Granite LLC 2.32% of their portfolio EL SEGUNDO, CA 241,070241.1k $6.1m $6.1m 2.32% Added +6.1k +6,110
89 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 239,830239.8k $6.1m $6.1m 0.01% Reduced -11.0k -10,970
90 SAM Advisors, LLC 2.06% of their portfolio OAKHURST, CA 233,442233.4k $5.9m $5.9m 2.06% Added +12.9k +12,877
91 Sound Income Strategies, LLC 0.34% of their portfolio FT LAUDERDALE, FL 232,833232.8k $5.9m $5.9m 0.34% Reduced -4.2k -4,250
92 Little Harbor Advisors, LLC 3.51% of their portfolio MARBLEHEAD, MA 232,470232.5k $5.9m $5.9m 3.51% Reduced -53.2k -53,193
93 Baker Avenue Asset Management, LP 0.16% of their portfolio SAN FRANCISCO, CA 224,693224.7k $5.7m $5.7m 0.16% Reduced -3.1k -3,091
94 Diversify Advisory Services, LLC 0.22% of their portfolio SANDY, UT 224,274224.3k $5.7m $5.7m 0.22% Added +170.5k +170,549
95 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 223,158223.2k $5.7m $5.7m 0.03% Reduced -773 -773
96 Western Asset Management Company, LLC 7.39% of their portfolio Pasadena, CA 221,350221.3k $5.6m $5.6m 7.39% Added +28.7k +28,700
97 Missouri Trust & Investment Co 1.78% of their portfolio SPRINGFIELD, MO 213,506213.5k $5.4m $5.4m 1.78% Reduced -1.9k -1,924
98 Steward Partners Investment Advisory, LLC 0.04% of their portfolio STAMFORD, CT 208,733208.7k $5.3m $5.3m 0.04% Reduced -22.4k -22,443
99 World Investment Advisors 0.12% of their portfolio LINCROFT, NJ 200,795200.8k $5.1m $5.1m 0.12% Added +5.1k +5,077
100 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 191,152191.2k $4.9m $4.9m 0.00% Reduced -5.2k -5,212