Vault-13

SPDR SERIES TRUST CERY

STATE STRET SPDR · ETP · CUSIP 78468R440

81 institutional holders +9 vs Q1 2025
11,360,30611.4m shares reported held*
$309.4mreported value*
14 new 20 added 38 reduced 6 sold out net sold ≈ $32.3m (-1.2m 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 ($6.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $27.23.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 24: 1Q4 24: 51Q1 25: 72Q2 25: 8181Q3 24Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q3 20241
Q4 202451
Q1 202572
Q2 202581

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 24: 46 bought or addedQ4 24: 0 cut or sold outQ4 24Q1 25: 59 bought or addedQ1 25: 15 cut or sold outQ1 25Q2 25: 34 bought or addedQ2 25: 44 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q4 2024460
Q1 20255915
Q2 20253444

Biggest buyers

RAYMOND JAMES FINANCIAL INC New +195,104+195.1k
Empowered Funds, LLC New +185,068+185.1k
OSAIC HOLDINGS, INC. Added +166,501+166.5k
Cambria Investment Management, L.P. Added +146,817+146.8k
ENVESTNET ASSET MANAGEMENT INC Added +116,422+116.4k
ROYAL BANK OF CANADA Added +75,077+75.1k
Simplicity Wealth,LLC New +51,874+51.9k
Austin Private Wealth, LLC Added +45,036+45.0k
Private Advisor Group, LLC New +42,320+42.3k
Smartleaf Asset Management LLC Added +39,882+39.9k

Biggest sellers

STATE STREET CORP Reduced -964,426-964.4k
LPL Financial LLC Reduced -430,082-430.1k
ASSETMARK, INC Reduced -347,729-347.7k
Envestnet Portfolio Solutions, Inc. Reduced -126,418-126.4k
Aspire Private Capital, LLC Reduced -78,109-78.1k
Sharkey, Howes & Javer Reduced -65,599-65.6k
LANDMARK WEALTH MANAGEMENT, INC. Reduced -55,179-55.2k
Raleigh Capital Management Inc. Reduced -38,221-38.2k
PARK AVENUE SECURITIES LLC Reduced -34,586-34.6k
AXXCESS WEALTH MANAGEMENT, LLC Reduced -22,934-22.9k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 5,159,9345.2m $140.5m $140.5m 0.01% Reduced -964.4k -964,426
2 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 998,711998.7k $27.2m $27.2m 0.01% Added +116.4k +116,422
3 Envestnet Portfolio Solutions, Inc. 0.08% of their portfolio BERWYN, PA 814,348814.3k $22.2m $22.2m 0.08% Reduced -126.4k -126,418
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 751,866751.9k $20.5m $20.5m 0.01% Reduced -430.1k -430,082
5 ASSETMARK, INC 0.04% of their portfolio CONCORD, CA 581,474581.5k $15.8m $15.8m 0.04% Reduced -347.7k -347,729
6 Cambria Investment Management, L.P. 0.79% of their portfolio Manhattan Beach, CA 429,680429.7k $11.7m $11.7m 0.79% Added +146.8k +146,817
7 PARK AVENUE SECURITIES LLC 0.07% of their portfolio NEW YORK, NY 289,843289.8k $7.9m $7.9m 0.07% Reduced -34.6k -34,586
8 Austin Private Wealth, LLC 0.52% of their portfolio Austin, TX 240,644240.6k $6.6m $6.6m 0.52% Added +45.0k +45,036
9 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 195,104195.1k $5.3m $5.3m 0.00% New
10 Empowered Funds, LLC 0.06% of their portfolio NEWTOWN SQUARE, PA 185,068185.1k $5.0m $5.0m 0.06% New
11 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 169,696169.7k $4.7m $4.7m 0.01% Added +166.5k +166,501
12 Leo Wealth, LLC 0.29% of their portfolio HURST, TX 138,906138.9k $3.8m $3.8m 0.29% Reduced -1.0k -1,029
13 Aspire Private Capital, LLC 0.84% of their portfolio Cornelius, NC 133,083133.1k $3.6m $3.6m 0.84% Reduced -78.1k -78,109
14 International Private Wealth Advisors LLC 2.26% of their portfolio SAN DIEGO, CA 96,67596.7k $2.6m $2.6m 2.26% Reduced -9.8k -9,814
15 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 93,74893.7k $2.6m $2.6m 0.01% Reduced -13.3k -13,299
16 LANDMARK WEALTH MANAGEMENT, INC. 1.02% of their portfolio NORMAL, IL 87,01587.0k $2.4m $2.4m 1.02% Reduced -55.2k -55,179
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 75,14875.1k $2.0m $2.0m 0.00% Added +75.1k +75,077
18 Private Advisory Group LLC 0.19% of their portfolio REDMOND, WA 73,41673.4k $2.0m $2.0m 0.19% Added +34.3k +34,349
19 Sharkey, Howes & Javer 0.24% of their portfolio DENVER, CO 66,30166.3k $1.8m $1.8m 0.24% Reduced -65.6k -65,599
20 Signal Advisors Wealth, LLC 0.13% of their portfolio DETROIT, MI 59,69759.7k $1.6m $1.6m 0.13% Added +16.7k +16,691
21 Raleigh Capital Management Inc. 0.66% of their portfolio CARY, NC 57,94457.9k $1.6m $1.6m 0.66% Reduced -38.2k -38,221
22 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 52,19052.2k $1.4m $1.4m 0.00% Reduced -15.7k -15,728
23 Simplicity Wealth,LLC 0.06% of their portfolio SUMMIT, NJ 51,87451.9k $1.4m $1.4m 0.06% New
24 HARBOUR INVESTMENTS, INC. 0.03% of their portfolio MADISON, WI 49,12749.1k $1.3m $1.3m 0.03% Reduced -21.4k -21,353
25 Valtinson Bruner Financial Planning LLC 0.40% of their portfolio NEW BRIGHTON, MN 47,23847.2k $1.3m $1.3m 0.40% Added +4.6k +4,616
26 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 46,09046.1k $1.3m $1.3m 0.00% Reduced -19.6k -19,559
27 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 42,56042.6k $1.2m $1.2m 0.01% Reduced -13.7k -13,697
28 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 42,32042.3k $1.2m $1.2m 0.01% New
29 Smartleaf Asset Management LLC 0.10% of their portfolio BOSTON, MA 42,14742.1k $1.1m $1.1m 0.10% Added +39.9k +39,882
30 CreativeOne Wealth, LLC 0.02% of their portfolio OVERLAND PARK, KS 32,03632.0k $872.3k $872.3k 0.02% Reduced -18.9k -18,924
31 AXXCESS WEALTH MANAGEMENT, LLC 0.02% of their portfolio CARLSBAD, CA 31,58531.6k $860.1k $860.1k 0.02% Reduced -22.9k -22,934
32 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 30,97431.0k $843.4k $843.4k 0.01% Reduced -22.1k -22,067
33 RFG Advisory, LLC 0.02% of their portfolio BIRMINGHAM, AL 30,03330.0k $817.8k $817.8k 0.02% Reduced -628 -628
34 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 28,97629.0k $789.0k $789.0k 0.00% New
35 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 25,70025.7k $699.8k $699.8k 0.01% Added +6.8k +6,774
36 NOVUS ADVISORS, LLC 1.00% of their portfolio GREENVILLE, SC 24,14824.1k $657.5k $657.5k 1.00% Reduced -16.3k -16,255
37 Hilltop Holdings Inc. 0.04% of their portfolio DALLAS, TX 23,02323.0k $626.9k $626.9k 0.04% Added +12.3k +12,280
38 RICHARDSON FINANCIAL SERVICES INC. 0.41% of their portfolio MEDWAY, MA 22,20422.2k $606.3k $606.3k 0.41% Reduced -11.4k -11,429
39 FSB PREMIER WEALTH MANAGEMENT, INC. 0.19% of their portfolio WATERLOO, IA 19,79119.8k $538.9k $538.9k 0.19% Reduced -32 -32
40 Balefire, LLC 0.11% of their portfolio DALLAS, TX 17,94317.9k $488.6k $488.6k 0.11% New
41 Csenge Advisory Group 0.02% of their portfolio CLEARWATER, FL 17,81217.8k $469.9k $469.9k 0.02% Added +161 +161
42 LOCKERMAN FINANCIAL GROUP, INC. 0.62% of their portfolio NEWPORT BEACH, CA 16,88516.9k $459.8k $459.8k 0.62% Reduced -8.0k -7,982
43 OARSMAN CAPITAL, INC. 0.07% of their portfolio MILWAUKEE, WI 16,80516.8k $457.6k $457.6k 0.07% Added +5.0k +5,020
44 GeoWealth Management, LLC 0.02% of their portfolio CHICAGO, IL 16,69716.7k $454.7k $454.7k 0.02% Reduced -7.2k -7,233
45 Global Financial Private Client, LLC 0.16% of their portfolio Sarasota, FL 15,52115.5k $422.6k $422.6k 0.16% Reduced -8.4k -8,355
46 Ascent Group, LLC 0.02% of their portfolio VIRGINIA BEACH, VA 15,46015.5k $421.0k $421.0k 0.02% Reduced -11.9k -11,920
47 Independent Advisor Alliance 0.01% of their portfolio CHARLOTTE, NC 13,72513.7k $373.7k $373.7k 0.01% Added +1.7k +1,692
48 Balboa Wealth Partners 0.07% of their portfolio SCOTTSDALE, AZ 12,32412.3k $335.6k $335.6k 0.07% Reduced -9.4k -9,363
49 Outlook Wealth Advisors, LLC 0.08% of their portfolio SHENANDOAH, TX 11,83911.8k $322.4k $322.4k 0.08% Reduced -9.1k -9,124
50 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 11,12911.1k $303.0k $303.0k 0.01% Reduced -5.9k -5,923
51 Betterment LLC 0.00% of their portfolio NEW YORK, NY 10,94810.9k $298.0k $298.0k 0.00% New
52 IAMS WEALTH MANAGEMENT, LLC 0.13% of their portfolio OMAHA, NE 10,26410.3k $279.5k $279.5k 0.13% Reduced -6.7k -6,655
53 VestGen Advisors, LLC 0.01% of their portfolio CHICAGO, IL 9,6519.7k $263.9k $263.9k 0.01% New
54 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 9,4969.5k $259.0k $259.0k 0.00% New
55 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 7,9287.9k $215.9k $215.9k 0.00% New
56 Waterloo Capital, L.P. 0.02% of their portfolio AUSTIN, TX 7,8007.8k $212.4k $212.4k 0.02% New
57 Walkner Condon Financial Advisors LLC 0.04% of their portfolio MADISON, WI 7,3847.4k $201.1k $201.1k 0.04% New
58 CREATIVE FINANCIAL DESIGNS INC /ADV 0.01% of their portfolio KOKOMO, IN 5,2195.2k $142.1k $142.1k 0.01% Added +2.1k +2,052
59 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 4,4414.4k $120.9k $120.9k 0.00% Added +1.1k +1,056
60 Richard W. Paul & Associates, LLC 0.04% of their portfolio NOVI, MI 3,6253.6k $98.7k $98.7k 0.04% Reduced -2.6k -2,627
61 LANARK FINANCIAL, INC. 0.01% of their portfolio BIRMINGHAM, AL 2,3082.3k $62.0k $62.0k 0.01% New
62 Transce3nd, LLC 0.02% of their portfolio BUDA, TX 1,3051.3k $35.5k $35.5k 0.02% Reduced -120 -120
63 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,1381.1k $31.0k $31.0k 0.00% Unchanged
64 Cohalo Advisory LLC 1.92% of their portfolio SNOQUALMIE, WA 924924 $25.2k $25.2k 1.92% Added +94 +94
65 EVOLUTION WEALTH MANAGEMENT INC. 0.03% of their portfolio FORT MYERS, FL 769769 $20.9k $20.9k 0.03% First filing
66 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 652652 $17.8k $17.8k 0.00% Reduced -157 -157
67 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 648648 $17.6k $17.6k 0.00% Unchanged
68 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 412412 $11.2k $11.2k 0.00% First filing
69 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 353353 $9.6k $9.6k 0.00% Reduced -301 -301
70 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 347347 $9.4k $9.4k 0.00% Unchanged
71 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 285285 $7.8k $7.8k 0.00% New
72 Safe Harbor Fiduciary, LLC 0.01% of their portfolio PENSACOLA, FL 233233 $6.3k $6.3k 0.01% Added +56 +56
73 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 222222 $6.0k $6.0k 0.00% Unchanged
74 COMERICA BANK 0.00% of their portfolio DALLAS, TX 217217 $5.9k $5.9k 0.00% Reduced -167 -167
75 Quest 10 Wealth Builders, Inc. 0.00% of their portfolio Fuquay-Varina, VA 149149 $4.1k $4.1k 0.00% Reduced -4 -4
76 Covestor Ltd 0.00% of their portfolio LONDON, X0 146146 $4.0k $4.0k 0.00% Added +58 +58
77 REAP Financial Group, LLC 0.00% of their portfolio AUSTIN, TX 116116 $3.2k $3.2k 0.00% Unchanged
78 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 8585 $2.3k $2.3k 0.00% Reduced -273 -273
79 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 1616 $436 $436 0.00% Added +2 +2
80 Rossby Financial, LCC 0.00% of their portfolio MELBOURNE, FL 99 $245 $245 0.00% Unchanged
81 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged