Vault-13

SPDR SERIES TRUST CERY

STATE STRET SPDR · ETP · CUSIP 78468R440

100 institutional holders +6 vs Q3 2025
12,755,61012.8m shares reported held*
$364.2mreported value*
12 new 30 added 46 reduced 12 sold out net sold ≈ $85.1m (-3.0m 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 ($8.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.55.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 24: 1Q4 24: 51Q1 25: 72Q2 25: 81Q3 25: 94Q4 25: 100100Q3 24Q4 24Q1 25Q2 25Q3 25Q4 25
Numbers
QuarterHolders
Q3 20241
Q4 202451
Q1 202572
Q2 202581
Q3 202594
Q4 2025100

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 25Q3 25: 78 bought or addedQ3 25: 15 cut or sold outQ3 25Q4 25: 42 bought or addedQ4 25: 58 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q4 2024460
Q1 20255915
Q2 20253444
Q3 20257815
Q4 20254258

Biggest buyers

Tidal Investments LLC New +45,061+45.1k
Concurrent Investment Advisors, LLC New +43,307+43.3k
RAYMOND JAMES FINANCIAL INC Added +33,635+33.6k
BANK OF AMERICA CORP /DE/ Added +33,418+33.4k
Belpointe Asset Management LLC Added +26,864+26.9k
GOLDMAN SACHS GROUP INC New +22,620+22.6k
WELLS FARGO & COMPANY/MN Added +18,747+18.7k
FLAGSHIP HARBOR ADVISORS, LLC New +17,237+17.2k
Private Advisory Group LLC Added +15,251+15.3k
World Investment Advisors New +11,913+11.9k

Biggest sellers

STATE STREET CORP Reduced -1,112,597-1.1m
LPL Financial LLC Reduced -489,884-489.9k
ASSETMARK, INC Reduced -295,255-295.3k
ENVESTNET ASSET MANAGEMENT INC Reduced -253,065-253.1k
Aspire Private Capital, LLC Reduced -217,096-217.1k
OSAIC HOLDINGS, INC. Reduced -164,385-164.4k
Envestnet Portfolio Solutions, Inc. Reduced -119,575-119.6k
Austin Private Wealth, LLC Reduced -78,933-78.9k
Sanctuary Advisors, LLC Reduced -68,357-68.4k
LANDMARK WEALTH MANAGEMENT, INC. Reduced -65,292-65.3k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 5,610,5345.6m $160.2m $160.2m 0.01% Reduced -1.1m -1,112,597
2 Envestnet Portfolio Solutions, Inc. 0.11% of their portfolio BERWYN, PA 1,065,3371.1m $30.4m $30.4m 0.11% Reduced -119.6k -119,575
3 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 984,531984.5k $28.1m $28.1m 0.01% Reduced -489.9k -489,884
4 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 937,143937.1k $26.8m $26.8m 0.01% Reduced -253.1k -253,065
5 ASSETMARK, INC 0.04% of their portfolio CONCORD, CA 636,289636.3k $18.2m $18.2m 0.04% Reduced -295.3k -295,255
6 Cambria Investment Management, L.P. 0.72% of their portfolio Manhattan Beach, CA 433,763433.8k $12.4m $12.4m 0.72% Added +2.7k +2,668
7 PARK AVENUE SECURITIES LLC 0.08% of their portfolio NEW YORK, NY 335,467335.5k $9.6m $9.6m 0.08% Reduced -11.8k -11,833
8 Austin Private Wealth, LLC 0.63% of their portfolio Austin, TX 294,856294.9k $8.4m $8.4m 0.63% Reduced -78.9k -78,933
9 Empowered Funds, LLC 0.09% of their portfolio NEWTOWN SQUARE, PA 187,873187.9k $5.4m $5.4m 0.09% Unchanged
10 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 187,573187.6k $5.4m $5.4m 0.00% Added +33.6k +33,635
11 Aspire Private Capital, LLC 0.97% of their portfolio Cornelius, NC 153,214153.2k $4.4m $4.4m 0.97% Reduced -217.1k -217,096
12 Private Advisory Group LLC 0.31% of their portfolio REDMOND, WA 140,035140.0k $4.0m $4.0m 0.31% Added +15.3k +15,251
13 Leo Wealth, LLC 0.25% of their portfolio HURST, TX 121,787121.8k $3.5m $3.5m 0.25% Reduced -15.9k -15,932
14 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 120,168120.2k $3.4m $3.4m 0.01% Added +5.7k +5,701
15 LANDMARK WEALTH MANAGEMENT, INC. 1.18% of their portfolio NORMAL, IL 109,241109.2k $3.1m $3.1m 1.18% Reduced -65.3k -65,292
16 International Private Wealth Advisors LLC 1.84% of their portfolio SAN DIEGO, CA 102,190102.2k $2.9m $2.9m 1.84% Reduced -6.8k -6,762
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 87,38487.4k $2.5m $2.5m 0.00% Added +33.4k +33,418
18 Signal Advisors Wealth, LLC 0.17% of their portfolio DETROIT, MI 75,95476.0k $2.2m $2.2m 0.17% Reduced -36.1k -36,061
19 Raleigh Capital Management Inc. 0.78% of their portfolio CARY, NC 75,06075.1k $2.1m $2.1m 0.78% Reduced -41.3k -41,285
20 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 69,64169.6k $2.0m $2.0m 0.00% Reduced -25.9k -25,865
21 HARBOUR INVESTMENTS, INC. 0.04% of their portfolio MADISON, WI 68,01768.0k $1.9m $1.9m 0.04% Reduced -14.7k -14,658
22 Sharkey, Howes & Javer 0.25% of their portfolio DENVER, CO 67,61467.6k $1.9m $1.9m 0.25% Reduced -33.0k -33,041
23 Capital Investment Management, Inc. 0.67% of their portfolio LEES SUMMIT, MO 67,41767.4k $1.9m $1.9m 0.67% First filing
24 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 64,31964.3k $1.8m $1.8m 0.00% Reduced -36.5k -36,459
25 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 55,33555.3k $1.6m $1.6m 0.01% Reduced -13.0k -12,962
26 Valtinson Bruner Financial Planning LLC 0.43% of their portfolio NEW BRIGHTON, MN 52,50652.5k $1.5m $1.5m 0.43% Added +3.6k +3,571
27 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 51,30551.3k $1.5m $1.5m 0.01% Reduced -68.4k -68,357
28 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 45,06145.1k $1.3m $1.3m 0.01% New
29 CreativeOne Wealth, LLC 0.03% of their portfolio OVERLAND PARK, KS 43,41943.4k $1.2m $1.2m 0.03% Reduced -17.2k -17,232
30 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 43,30743.3k $1.2m $1.2m 0.01% New
31 Simplicity Wealth,LLC 0.07% of their portfolio SUMMIT, NJ 38,35438.4k $1.1m $1.1m 0.07% Added +5.5k +5,534
32 Belpointe Asset Management LLC 0.04% of their portfolio RENO, NV 34,56134.6k $986.7k $986.7k 0.04% Added +26.9k +26,864
33 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 32,84932.8k $937.8k $937.8k 0.00% Added +5.8k +5,797
34 AXXCESS WEALTH MANAGEMENT, LLC 0.02% of their portfolio CARLSBAD, CA 31,11331.1k $888.3k $888.3k 0.02% Reduced -31.3k -31,268
35 RFG Advisory, LLC 0.02% of their portfolio BIRMINGHAM, AL 29,88729.9k $853.3k $853.3k 0.02% Reduced -223 -223
36 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 29,65029.6k $846.5k $846.5k 0.01% Added +2.3k +2,251
37 NOVUS ADVISORS, LLC 1.89% of their portfolio GREENVILLE, SC 29,61629.6k $845.5k $845.5k 1.89% Reduced -17.1k -17,112
38 Legacy Wealth Partners, LLC 0.21% of their portfolio Lakewood, CO 28,21028.2k $805.4k $805.4k 0.21% First filing
39 Global Financial Private Client, LLC 0.25% of their portfolio Sarasota, FL 24,74024.7k $706.3k $706.3k 0.25% Reduced -5.4k -5,376
40 OARSMAN CAPITAL, INC. 0.09% of their portfolio MILWAUKEE, WI 24,48824.5k $699.1k $699.1k 0.09% Added +6.7k +6,728
41 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 22,62022.6k $645.8k $645.8k 0.00% New
42 RICHARDSON FINANCIAL SERVICES INC. 0.20% of their portfolio MEDWAY, MA 21,46021.5k $609.3k $609.3k 0.20% Reduced -8.2k -8,160
43 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 20,68220.7k $590.5k $590.5k 0.00% Reduced -164.4k -164,385
44 FSB PREMIER WEALTH MANAGEMENT, INC. 0.18% of their portfolio WATERLOO, IA 19,96320.0k $570.0k $570.0k 0.18% Added +217 +217
45 LOCKERMAN FINANCIAL GROUP, INC. 1.09% of their portfolio NEWPORT BEACH, CA 19,92319.9k $568.8k $568.8k 1.09% Reduced -9.9k -9,879
46 Midwest Financial Network, LLC 0.43% of their portfolio TINLEY PARK, IL 19,35619.4k $552.6k $552.6k 0.43% Added +10.2k +10,200
47 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 19,27119.3k $550.2k $550.2k 0.00% Added +18.7k +18,747
48 Independent Advisor Alliance 0.01% of their portfolio CHARLOTTE, NC 19,18319.2k $547.7k $547.7k 0.01% Added +4.3k +4,287
49 ZEGA Investments, LLC 0.10% of their portfolio PALM BEACH GARDENS, FL 18,65218.7k $532.5k $532.5k 0.10% Reduced -2.0k -1,987
50 Balefire, LLC 0.10% of their portfolio DALLAS, TX 18,17018.2k $518.8k $518.8k 0.10% Reduced -7.0k -6,969
51 FLAGSHIP HARBOR ADVISORS, LLC 0.02% of their portfolio BOSTON, MA 17,23717.2k $492.1k $492.1k 0.02% New
52 Ascent Group, LLC 0.02% of their portfolio VIRGINIA BEACH, VA 16,73016.7k $477.6k $477.6k 0.02% Reduced -8.8k -8,811
53 GeoWealth Management, LLC 0.02% of their portfolio CHICAGO, IL 16,35116.4k $466.8k $466.8k 0.02% Reduced -6.5k -6,482
54 Balboa Wealth Partners 0.07% of their portfolio SCOTTSDALE, AZ 14,56514.6k $415.8k $415.8k 0.07% Reduced -10.2k -10,177
55 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 14,56214.6k $415.7k $415.7k 0.01% Added +5.8k +5,843
56 Outlook Wealth Advisors, LLC 0.09% of their portfolio SHENANDOAH, TX 14,00214.0k $399.8k $399.8k 0.09% Reduced -9.8k -9,755
57 Betterment LLC 0.00% of their portfolio NEW YORK, NY 13,22913.2k $378.0k $378.0k 0.00% Reduced -106 -106
58 CREATIVE FINANCIAL DESIGNS INC /ADV 0.02% of their portfolio KOKOMO, IN 12,68012.7k $362.0k $362.0k 0.02% Added +171 +171
59 World Investment Advisors 0.01% of their portfolio LINCROFT, NJ 11,91311.9k $340.1k $340.1k 0.01% New
60 IAMS WEALTH MANAGEMENT, LLC 0.12% of their portfolio OMAHA, NE 11,36511.4k $324.5k $324.5k 0.12% Reduced -8.0k -7,982
61 WealthPoint Financial, LLC 0.27% of their portfolio CRAMERTON, NC 10,99011.0k $313.8k $313.8k 0.27% First filing
62 CONTINUUM WEALTH ADVISORS, LLC 0.12% of their portfolio SARATOGA SPRINGS, NY 10,58110.6k $302.1k $302.1k 0.12% New
63 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 8,9949.0k $256.8k $256.8k 0.00% Added +1.4k +1,374
64 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 8,5788.6k $244.9k $244.9k 0.00% Added +563 +563
65 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 7,9908.0k $228.1k $228.1k 0.00% New
66 Maridea Wealth Management LLC 0.03% of their portfolio BROOKLYN, NY 7,7247.7k $220.5k $220.5k 0.03% Added +134 +134
67 Brookwood Investment Group LLC 0.03% of their portfolio PHOENIX, AZ 7,5927.6k $216.7k $216.7k 0.03% New
68 True Vision MN LLC 0.10% of their portfolio WOODBURY, MN 7,2017.2k $205.6k $205.6k 0.10% Added +167 +167
69 Wealth Watch Advisors, INC 0.07% of their portfolio ENGLEWOOD, CO 6,3006.3k $179.9k $179.9k 0.07% New
70 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 4,2784.3k $124.0k $124.0k 0.00% Reduced -10.9k -10,879
71 Triumph Capital Management 0.02% of their portfolio DENVER, CO 3,9423.9k $112.5k $112.5k 0.02% New
72 Richard W. Paul & Associates, LLC 0.04% of their portfolio NOVI, MI 3,8943.9k $111.2k $111.2k 0.04% Reduced -3.4k -3,393
73 EVOLUTION WEALTH MANAGEMENT INC. 0.05% of their portfolio FORT MYERS, FL 1,9922.0k $56.9k $56.9k 0.05% Added +1.2k +1,223
74 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,7691.8k $51.0k $51.0k 0.00% Added +631 +631
75 Caitlin John, LLC 0.03% of their portfolio BRIGHTON, MI 1,6411.6k $46.9k $46.9k 0.03% Reduced -151 -151
76 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,5991.6k $46.0k $46.0k 0.00% Added +1.4k +1,369
77 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,4041.4k $40.1k $40.1k 0.00% Added +1.0k +1,036
78 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,1461.1k $32.7k $32.7k 0.00% Reduced -1.6k -1,559
79 Cohalo Advisory LLC 1.91% of their portfolio SNOQUALMIE, WA 903903 $25.8k $25.8k 1.91% Reduced -21 -21
80 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 648648 $18.5k $18.5k 0.00% Unchanged
81 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 632632 $18.0k $18.0k 0.00% Added +547 +547
82 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 589589 $16.8k $16.8k 0.00% Reduced -251 -251
83 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 480480 $13.7k $13.7k 0.00% Reduced -295 -295
84 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 428428 $12.2k $12.2k 0.00% Reduced -2.3k -2,293
85 Quest 10 Wealth Builders, Inc. 0.01% of their portfolio Fuquay-Varina, VA 390390 $11.1k $11.1k 0.01% Added +161 +161
86 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 325325 $9.3k $9.3k 0.00% Unchanged
87 Cape Investment Advisory, Inc. 0.00% of their portfolio MCDONOUGH, GA 286286 $8.2k $8.2k 0.00% New
88 COMERICA BANK 0.00% of their portfolio DALLAS, TX 262262 $7.5k $7.5k 0.00% Reduced -185 -185
89 Safe Harbor Fiduciary, LLC 0.01% of their portfolio PENSACOLA, FL 249249 $7.1k $7.1k 0.01% First filing
90 Covestor Ltd 0.00% of their portfolio LONDON, X0 225225 $6.0k $6.0k 0.00% Reduced -8 -8
91 UBS Group AG 0.00% of their portfolio ZURICH, V8 203203 $5.8k $5.8k 0.00% Reduced -77 -77
92 Stone House Investment Management, LLC 0.00% of their portfolio TUNKHANNOCK, PA 198198 $5.7k $5.7k 0.00% Added +9 +9
93 Kingdom Financial Group LLC. 0.00% of their portfolio PEORIA, AZ 144144 $4.1k $4.1k 0.00% New
94 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 127127 $3.6k $3.6k 0.00% Unchanged
95 REAP Financial Group, LLC 0.00% of their portfolio AUSTIN, TX 116116 $3.3k $3.3k 0.00% Unchanged
96 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 106106 $3.0k $3.0k 0.00% Unchanged
97 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 7777 $2.2k $2.2k 0.00% Added +60 +60
98 Rossby Financial, LCC 0.00% of their portfolio MELBOURNE, FL 1515 $428 $428 0.00% Added +6 +6
99 Networth Advisors, LLC 0.00% of their portfolio CANONSBURG, PA 55 $143 $143 0.00% First filing
100 Key Capital Management, INC 0.00% of their portfolio HENDERSONVILLE, TN 37075, TN 11 $29 $29 0.00% First filing