Vault-13

SPDR SER TR SJNK

BLOOMBERG SHT TE · ETP · CUSIP 78468R408

403 institutional holders +7 vs Q2 2025
131,356,211131.4m shares reported held*
$3.4bnreported value*
41 new 173 added 102 reduced 32 sold out net bought ≈ $132.5m (+5.1m 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 ($2.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.60. Options: 2 managers hold calls ($427.0k notional), 0 hold puts (—).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 296Q4 22: 349Q1 23: 320Q2 23: 348Q3 23: 341Q4 23: 361Q1 24: 351Q2 24: 362Q3 24: 359Q4 24: 384Q1 25: 380Q2 25: 396Q3 25: 403403Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 2025403

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 23: 166 bought or addedQ4 23: 167 cut or sold outQ1 24: 183 bought or addedQ1 24: 152 cut or sold outQ1 24Q2 24: 169 bought or addedQ2 24: 160 cut or sold outQ3 24: 178 bought or addedQ3 24: 141 cut or sold outQ3 24Q4 24: 202 bought or addedQ4 24: 137 cut or sold outQ1 25: 221 bought or addedQ1 25: 145 cut or sold outQ1 25Q2 25: 192 bought or addedQ2 25: 165 cut or sold outQ3 25: 214 bought or addedQ3 25: 134 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023166167
Q1 2024183152
Q2 2024169160
Q3 2024178141
Q4 2024202137
Q1 2025221145
Q2 2025192165
Q3 2025214134

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ4 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 0.52Q3 25 calls: $427.0kQ3 25 puts: $0Q3 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2024$2.7m$1.7m0.62
Q1 2025$3.0m$2.0m0.68
Q2 2025$1.0m$540.2k0.52
Q3 2025$427.0k$00.00

Biggest buyers

iA Global Asset Management Inc. Added +2,612,700+2.6m
AMERIPRISE FINANCIAL INC Added +1,319,118+1.3m
LPL Financial LLC Added +1,076,275+1.1m
AMERICAN CENTURY COMPANIES INC Added +972,317+972.3k
Mitsubishi UFJ Trust & Banking Corp New +750,000+750.0k
Employees' Retirement Fund of the City of Fort Worth Added +726,800+726.8k
JPMORGAN CHASE & CO Added +660,515+660.5k
DAVENPORT & Co LLC Added +533,342+533.3k
WELLS FARGO & COMPANY/MN Added +520,227+520.2k
MORGAN STANLEY Added +488,967+489.0k

Biggest sellers

Ocean Park Asset Management, LLC Reduced -3,397,600-3.4m
Advisors Capital Management, LLC Reduced -1,604,782-1.6m
Angeles Investment Advisors, LLC Sold out -989,520-989.5k
ROYAL BANK OF CANADA Reduced -696,917-696.9k
Quadrature Capital Ltd Sold out -617,893-617.9k
RENAISSANCE TECHNOLOGIES LLC Reduced -349,496-349.5k
Atria Investments, Inc Reduced -331,823-331.8k
SHENKMAN CAPITAL MANAGEMENT INC Reduced -300,835-300.8k
Mariner, LLC Reduced -249,304-249.3k
Fifth Third Securities, Inc. Sold out -247,122-247.1k

Biggest calls

CITADEL ADVISORS LLC Reduced $361.0k14.1k shares
GROUP ONE TRADING LLC Reduced $66.0k1.5k shares

Biggest puts

None

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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 AMERIPRISE FINANCIAL INC 0.10% of their portfolio MINNEAPOLIS, MN 17,098,74817.1m $436.9m $436.9m 0.10% Added +1.3m +1,319,118
2 GRIMES & Co WEALTH MANAGEMENT, LLC 4.31% of their portfolio WESTBOROUGH, MA 6,820,0086.8m $174.6m $174.6m 4.31% Added +179.0k +178,965
3 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 5,774,6395.8m $147.8m $147.8m 0.04% Added +1.1m +1,076,275
4 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 5,041,3155.0m $129.1m $129.1m 0.03% Added +520.2k +520,227
5 iA Global Asset Management Inc. 1.76% of their portfolio QUEBEC, A8 5,031,8365.0m $128.8m $128.8m 1.76% Added +2.6m +2,612,700
6 NEUBERGER BERMAN GROUP LLC 0.07% of their portfolio NEW YORK, NY 3,776,0163.8m $96.7m $96.7m 0.07% Reduced -9.1k -9,139
7 State of New Jersey Common Pension Fund D 0.35% of their portfolio TRENTON, NJ 3,689,4153.7m $94.4m $94.4m 0.35% Unchanged
8 Wealthfront Advisers LLC 0.20% of their portfolio Palo Alto, CA 3,366,7843.4m $86.2m $86.2m 0.20% Reduced -113.0k -113,042
9 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 1.70% of their portfolio Seattle, WA 3,310,4773.3m $84.7m $84.7m 1.70% Added +165.3k +165,326
10 Clark Capital Management Group, Inc. 0.47% of their portfolio PHILADELPHIA, PA 2,921,2722.9m $74.8m $74.8m 0.47% Added +54.4k +54,370
11 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,862,6502.9m $73.3m $73.3m 0.01% Added +72.7k +72,659
12 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 2,814,2752.8m $72.0m $72.0m 0.02% Added +72.9k +72,880
13 RMG Wealth Management LLC 9.51% of their portfolio PLATTEVILLE, WI 2,659,5982.7m $67.6m $67.6m 9.51% Added +203.9k +203,885
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,583,6622.6m $66.1m $66.1m 0.00% Added +489.0k +488,967
15 ASSETMARK, INC 0.13% of their portfolio CONCORD, CA 2,358,6512.4m $60.4m $60.4m 0.13% Added +99.2k +99,223
16 SUMITOMO MITSUI FINANCIAL GROUP, INC. 1.05% of their portfolio TOKYO, M0 2,343,3562.3m $60.0m $60.0m 1.05% Added +319.6k +319,650
17 Ocean Park Asset Management, LLC 2.02% of their portfolio SANTA MONICA, CA 1,913,9001.9m $49.0m $49.0m 2.02% Reduced -3.4m -3,397,600
18 Berkshire Money Management, Inc. 4.49% of their portfolio DALTON, MA 1,705,0631.7m $43.6m $43.6m 4.49% Added +71.4k +71,449
19 SIGMA INVESTMENT COUNSELORS INC 2.10% of their portfolio NORTHVILLE, MI 1,583,7851.6m $40.5m $40.5m 2.10% Added +39.2k +39,233
20 Employees' Retirement Fund of the City of Fort Worth 9.13% of their portfolio FORT WORTH, TX 1,453,6001.5m $37.2m $37.2m 9.13% Added +726.8k +726,800
21 Thrivent Financial for Lutherans 0.07% of their portfolio Minneapolis, MN 1,394,7001.4m $35.5m $35.5m 0.07% Unchanged
22 Aristotle Pacific Capital, LLC 16.70% of their portfolio NEWPORT BEACH, CA 1,340,3661.3m $34.3m $34.3m 16.70% Reduced -41.4k -41,368
23 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,227,0601.2m $31.4m $31.4m 0.01% Reduced -47.6k -47,618
24 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,079,9641.1m $27.6m $27.6m 0.00% Added +660.5k +660,515
25 DAVENPORT & Co LLC 0.15% of their portfolio RICHMOND, VA 1,074,3221.1m $27.5m $27.5m 0.15% Added +533.3k +533,342
26 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,059,1751.1m $27.1m $27.1m 0.01% Added +383.2k +383,227
27 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,051,5581.1m $26.9m $26.9m 0.00% Reduced -31.1k -31,086
28 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 1,017,0171.0m $26.0m $26.0m 0.01% Added +972.3k +972,317
29 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 1,011,3621.0m $25.9m $25.9m 0.04% Added +53.4k +53,369
30 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.05% of their portfolio TORONTO, A6 1,000,0001.0m $25.6m $25.6m 0.05% Unchanged
31 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 974,804974.8k $25.0m $25.0m 0.03% Reduced -349.5k -349,496
32 Essex LLC 4.22% of their portfolio DEER PARK, IL 910,342910.3k $23.3m $23.3m 4.22% Reduced -140.5k -140,519
33 ANGELES WEALTH MANAGEMENT, LLC 1.42% of their portfolio SANTA MONICA, CA 905,152905.2k $23.2m $23.2m 1.42% Added +123.9k +123,888
34 Allspring Global Investments Holdings, LLC 0.04% of their portfolio CHARLOTTE, NC 868,026868.0k $22.2m $22.2m 0.04% Unchanged
35 HOWARD FINANCIAL SERVICES, LTD. 2.72% of their portfolio DALLAS, TX 868,000868.0k $22.2m $22.2m 2.72% Added +25.7k +25,651
36 Sanctuary Advisors, LLC 0.06% of their portfolio INDIANAPOLIS, IN 765,482765.5k $19.4m $19.4m 0.06% Added +433.9k +433,933
37 Mitsubishi UFJ Trust & Banking Corp 0.04% of their portfolio TOKYO, M0 750,000750.0k $19.2m $19.2m 0.04% New
38 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 734,896734.9k $18.8m $18.8m 0.02% Added +16.7k +16,723
39 1832 Asset Management L.P. 0.03% of their portfolio TORONTO, A6 704,897704.9k $18.0m $18.0m 0.03% Added +1.7k +1,722
40 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 659,337659.3k $16.9m $16.9m 0.00% Reduced -696.9k -696,917
41 Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio CHIYODA-KU, TOKYO, M0 655,000655.0k $16.8m $16.8m 0.01% Added +317.0k +317,000
42 CAPSTONE INVESTMENT ADVISORS, LLC 0.14% of their portfolio NEW YORK, NY 624,501624.5k $16.0m $16.0m 0.14% Reduced -108.3k -108,300
43 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 620,700620.7k $15.9m $15.9m 0.01% Added +458.2k +458,200
44 Cornerstone National Bank & Trust Co 6.45% of their portfolio PALATINE, IL 617,569617.6k $15.8m $15.8m 6.45% Added +6.5k +6,545
45 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 603,009603.0k $15.4m $15.4m 0.02% Added +21.7k +21,663
46 ZEGA Investments, LLC 3.52% of their portfolio PALM BEACH GARDENS, FL 600,295600.3k $15.4m $15.4m 3.52% Reduced -605 -605
47 Mariner, LLC 0.02% of their portfolio Overland Park, KS 589,506589.5k $15.1m $15.1m 0.02% Reduced -249.3k -249,304
48 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 583,607583.6k $14.9m $14.9m 0.02% Added +62.0k +62,014
49 Curran Financial Partners, LLC 2.95% of their portfolio DANIEL ISLAND, SC 582,934582.9k $14.9m $14.9m 2.95% Added +54.9k +54,879
50 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 569,581569.6k $14.6m $14.6m 0.02% Added +34.6k +34,590
51 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 565,988566.0k $14.5m $14.5m 0.03% Added +113.0k +112,984
52 State of Tennessee, Department of Treasury 0.04% of their portfolio NASHVILLE, TN 475,800475.8k $12.2m $12.2m 0.04% New
53 PARK AVENUE SECURITIES LLC 0.09% of their portfolio NEW YORK, NY 463,466463.5k $11.9m $11.9m 0.09% Added +90.2k +90,197
54 Tidal Investments LLC 0.05% of their portfolio Milwaukee, WI 454,690454.7k $11.6m $11.6m 0.05% Added +134.5k +134,491
55 NOMURA ASSET MANAGEMENT CO LTD 0.03% of their portfolio TOKYO, M0 453,944453.9k $11.6m $11.6m 0.03% Unchanged
56 Clearstead Advisors, LLC 0.16% of their portfolio CLEVELAND, OH 439,771439.8k $11.3m $11.3m 0.16% Reduced -3.3k -3,293
57 FULTON BREAKEFIELD BROENNIMAN LLC 0.72% of their portfolio Bethesda, MD 433,797433.8k $11.1m $11.1m 0.72% Reduced -16.9k -16,902
58 NorthCoast Asset Management LLC 0.04% of their portfolio STAMFORD, CT 433,668433.7k $11.1m $11.1m 0.04% Added +164.6k +164,613
59 Estate Counselors, LLC 0.92% of their portfolio Thiensville, WI 419,685419.7k $10.7m $10.7m 0.92% New
60 Advisory Alpha, LLC 0.30% of their portfolio HOLLAND, MI 415,465415.5k $10.6m $10.6m 0.30% Added +50.9k +50,881
61 RiverFront Investment Group, LLC 0.18% of their portfolio RICHMOND, VA 410,122410.1k $10.5m $10.5m 0.18% Added +47.8k +47,757
62 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 0.69% of their portfolio NEW YORK, NY 395,493395.5k $10.1m $10.1m 0.69% Reduced -8.4k -8,355
63 CWM, LLC 0.03% of their portfolio OMAHA, NE 389,100389.1k $10.0m $10.0m 0.03% Reduced -76.7k -76,655
64 Equitable Holdings, Inc. 0.07% of their portfolio NEW YORK, NY 386,082386.1k $9.9m $9.9m 0.07% Added +42.4k +42,418
65 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 384,943384.9k $9.9m $9.9m 0.01% Added +145.1k +145,113
66 MOULTON WEALTH MANAGEMENT, INC 7.14% of their portfolio SPOKANE, WA 383,449383.4k $9.8m $9.8m 7.14% Reduced -57.3k -57,326
67 Atria Investments, Inc 0.11% of their portfolio Charlotte, NC 379,372379.4k $9.7m $9.7m 0.11% Reduced -331.8k -331,823
68 Lebenthal Global Advisors, LLC 1.69% of their portfolio Hauppauge, NY 377,998378.0k $9.7m $9.7m 1.69% Added +1.0k +1,020
69 Mason & Associates Inc 1.86% of their portfolio LOS ANGELES, CA 360,771360.8k $9.2m $9.2m 1.86% Added +82.9k +82,918
70 Disciplined Investments, LLC 3.58% of their portfolio TULSA, OK 351,674351.7k $9.0m $9.0m 3.58% Added +9.0k +8,952
71 Echo45 Advisors LLC 5.07% of their portfolio WALNUT CREEK, CA 338,070338.1k $8.7m $8.7m 5.07% Added +7.6k +7,629
72 GUGGENHEIM CAPITAL LLC 0.06% of their portfolio CHICAGO, IL 337,336337.3k $8.6m $8.6m 0.06% Added +5.0k +5,032
73 Caldwell Trust Co 0.81% of their portfolio Venice, FL 337,313337.3k $8.6m $8.6m 0.81% Added +9.9k +9,931
74 Certified Advisory Corp 0.81% of their portfolio ALTAMONTE SPRINGS, FL 334,895334.9k $8.6m $8.6m 0.81% Reduced -3.3k -3,280
75 IRONWOOD WEALTH MANAGEMENT, INC. 3.79% of their portfolio HURRICANE, WV 328,128328.1k $8.3m $8.3m 3.79% Added +5.2k +5,235
76 Sterling Manor Financial, LLC 5.20% of their portfolio Saratoga Springs, NY 322,349322.3k $8.3m $8.3m 5.20% Added +42.5k +42,510
77 Union Bancaire Privee, UBP SA 0.12% of their portfolio GENEVA 1, V8 319,600319.6k $8.2m $8.2m 0.12% Unchanged
78 &PARTNERS 0.05% of their portfolio NASHVILLE, TN 316,552316.6k $8.1m $8.1m 0.05% Added +22.3k +22,328
79 Waterloo Capital, L.P. 0.60% of their portfolio AUSTIN, TX 313,469313.5k $8.0m $8.0m 0.60% Reduced -14.1k -14,139
80 Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 1.27% of their portfolio FORT WORTH, TX 308,977309.0k $7.9m $7.9m 1.27% Reduced -3.2k -3,222
81 SHENKMAN CAPITAL MANAGEMENT INC 0.76% of their portfolio NEW YORK, NY 300,045300.0k $7.7m $7.7m 0.76% Reduced -300.8k -300,835
82 Farmers & Merchants Trust Co of Chambersburg PA 2.17% of their portfolio CHAMBERSBURG, PA 299,375299.4k $7.7m $7.7m 2.17% Added +18.6k +18,591
83 TRUSTMARK BANK TRUST DEPARTMENT 0.46% of their portfolio JACKSON, MS 276,927276.9k $7.1m $7.1m 0.46% Added +13.5k +13,534
84 Financial Partners Group, Inc 0.87% of their portfolio Overland Park, KS 273,735273.7k $7.0m $7.0m 0.87% Added +961 +961
85 Kingsview Wealth Management, LLC 0.10% of their portfolio GRANTS PASS, OR 267,923267.9k $6.9m $6.9m 0.10% Added +7.4k +7,404
86 Merit Financial Group, LLC 0.06% of their portfolio ALPHARETTA, GA 257,879257.9k $6.6m $6.6m 0.06% Reduced -372 -372
87 Crabel Capital Management, LLC 5.89% of their portfolio MILWAUKEE, WI 257,111257.1k $6.6m $6.6m 5.89% Reduced -19.8k -19,781
88 Western Asset Management Company, LLC 14.24% of their portfolio Pasadena, CA 251,330251.3k $6.4m $6.4m 14.24% Added +30.0k +29,980
89 Baker Avenue Asset Management, LP 0.15% of their portfolio SAN FRANCISCO, CA 247,630247.6k $6.3m $6.3m 0.15% Added +22.9k +22,937
90 Sharper & Granite LLC 2.25% of their portfolio EL SEGUNDO, CA 245,505245.5k $6.3m $6.3m 2.25% Added +4.4k +4,435
91 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 241,989242.0k $6.2m $6.2m 0.00% Added +94.9k +94,917
92 SAM Advisors, LLC 1.96% of their portfolio OAKHURST, CA 237,883237.9k $6.1m $6.1m 1.96% Added +4.4k +4,441
93 Sound Income Strategies, LLC 0.32% of their portfolio FT LAUDERDALE, FL 233,440233.4k $5.9m $5.9m 0.32% Added +607 +607
94 Little Harbor Advisors, LLC 2.88% of their portfolio MARBLEHEAD, MA 225,135225.1k $5.8m $5.8m 2.88% Reduced -7.3k -7,335
95 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 225,000225.0k $5.8m $5.8m 0.00% Reduced -225.0k -225,000
96 Missouri Trust & Investment Co 1.64% of their portfolio SPRINGFIELD, MO 216,167216.2k $5.5m $5.5m 1.64% Added +2.7k +2,661
97 Global Assets Advisory, LLC 1.63% of their portfolio ORLANDO, FL 214,523214.5k $5.5m $5.5m 1.63% Added +39.6k +39,557
98 World Investment Advisors 0.11% of their portfolio LINCROFT, NJ 213,700213.7k $5.5m $5.5m 0.11% Added +12.9k +12,905
99 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 213,573213.6k $5.5m $5.5m 0.03% Reduced -9.6k -9,585
100 Mutual Advisors, LLC 0.12% of their portfolio OMAHA, NE 208,121208.1k $5.3m $5.3m 0.12% Added +51.3k +51,291