Vault-13

SPDR SERIES TRUST EMHC

BLOOMBERG EMG MK · ETP · CUSIP 78468R515

93 institutional holders +8 vs Q3 2025
5,660,5875.7m shares reported held*
$144.1mreported value*
11 new 45 added 24 reduced 8 sold out net sold ≈ $5.9m (-262.1k 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 ($785.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.46.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 7Q4 22: 9Q1 23: 12Q2 23: 12Q3 23: 13Q4 23: 32Q1 24: 56Q2 24: 62Q3 24: 69Q4 24: 73Q1 25: 77Q2 25: 78Q3 25: 85Q4 25: 9393Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 20227
Q4 20229
Q1 202312
Q2 202312
Q3 202313
Q4 202332
Q1 202456
Q2 202462
Q3 202469
Q4 202473
Q1 202577
Q2 202578
Q3 202585
Q4 202593

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 24: 44 bought or addedQ1 24: 11 cut or sold outQ2 24: 35 bought or addedQ2 24: 21 cut or sold outQ2 24Q3 24: 36 bought or addedQ3 24: 25 cut or sold outQ4 24: 42 bought or addedQ4 24: 27 cut or sold outQ4 24Q1 25: 58 bought or addedQ1 25: 20 cut or sold outQ2 25: 51 bought or addedQ2 25: 23 cut or sold outQ2 25Q3 25: 57 bought or addedQ3 25: 21 cut or sold outQ4 25: 56 bought or addedQ4 25: 32 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20244411
Q2 20243521
Q3 20243625
Q4 20244227
Q1 20255820
Q2 20255123
Q3 20255721
Q4 20255632

Biggest buyers

LPL Financial LLC Added +108,657+108.7k
Hibernia Wealth Partners, LLC Added +56,513+56.5k
Envestnet Portfolio Solutions, Inc. Added +44,694+44.7k
ENVESTNET ASSET MANAGEMENT INC Added +42,540+42.5k
Austin Private Wealth, LLC Added +29,162+29.2k
Concurrent Investment Advisors, LLC New +20,257+20.3k
Midwest Financial Network, LLC New +19,618+19.6k
RAYMOND JAMES FINANCIAL INC Added +19,250+19.2k
KWB Wealth Added +15,498+15.5k
AlphaStar Capital Management, LLC Added +14,397+14.4k

Biggest sellers

OSAIC HOLDINGS, INC. Reduced -395,677-395.7k
Aspire Private Capital, LLC Reduced -209,984-210.0k
Strategic Investment Advisors / MI Sold out -32,309-32.3k
Sanctuary Advisors, LLC Reduced -23,490-23.5k
Merit Financial Group, LLC Reduced -21,479-21.5k
JANE STREET GROUP, LLC Sold out -20,245-20.2k
Sharkey, Howes & Javer Reduced -17,122-17.1k
OLD MISSION CAPITAL LLC Sold out -13,563-13.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -9,203-9.2k
AXXCESS WEALTH MANAGEMENT, LLC Reduced -8,290-8.3k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,339,9791.3m $34.1m $34.1m 0.01% Added +108.7k +108,657
2 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 602,772602.8k $15.3m $15.3m 0.00% Added +42.5k +42,540
3 Envestnet Portfolio Solutions, Inc. 0.05% of their portfolio BERWYN, PA 563,937563.9k $14.4m $14.4m 0.05% Added +44.7k +44,694
4 ASSETMARK, INC 0.03% of their portfolio CONCORD, CA 539,558539.6k $13.7m $13.7m 0.03% Reduced -6.4k -6,425
5 Austin Private Wealth, LLC 0.64% of their portfolio Austin, TX 332,887332.9k $8.5m $8.5m 0.64% Added +29.2k +29,162
6 Aspire Private Capital, LLC 1.24% of their portfolio Cornelius, NC 219,229219.2k $5.6m $5.6m 1.24% Reduced -210.0k -209,984
7 PARK AVENUE SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 136,051136.1k $3.5m $3.5m 0.03% Added +12.9k +12,855
8 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 118,289118.3k $3.0m $3.0m 0.01% Reduced -502 -502
9 Hibernia Wealth Partners, LLC 0.86% of their portfolio BATON ROUGE, LA 112,554112.6k $2.9m $2.9m 0.86% Added +56.5k +56,513
10 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 108,947108.9k $2.8m $2.8m 0.01% Added +4.5k +4,519
11 LANDMARK WEALTH MANAGEMENT, INC. 0.89% of their portfolio NORMAL, IL 92,89792.9k $2.4m $2.4m 0.89% Added +1.6k +1,558
12 Capital Investment Management, Inc. 0.80% of their portfolio LEES SUMMIT, MO 89,34289.3k $2.3m $2.3m 0.80% First filing
13 Raleigh Capital Management Inc. 0.82% of their portfolio CARY, NC 88,49988.5k $2.3m $2.3m 0.82% Added +3.4k +3,374
14 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 75,64375.6k $1.9m $1.9m 0.00% Added +10.6k +10,618
15 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 72,94672.9k $1.9m $1.9m 0.00% Added +6.2k +6,236
16 Valtinson Bruner Financial Planning LLC 0.53% of their portfolio NEW BRIGHTON, MN 72,51172.5k $1.8m $1.8m 0.53% Added +12.5k +12,509
17 Sharkey, Howes & Javer 0.23% of their portfolio DENVER, CO 72,25072.2k $1.8m $1.8m 0.23% Reduced -17.1k -17,122
18 Hobart Private Capital, LLC 0.31% of their portfolio CHARLOTTE, NC 62,46262.5k $1.6m $1.6m 0.31% Added +487 +487
19 Signal Advisors Wealth, LLC 0.11% of their portfolio DETROIT, MI 52,36352.4k $1.3m $1.3m 0.11% Added +933 +933
20 Simplicity Wealth,LLC 0.07% of their portfolio SUMMIT, NJ 44,77244.8k $1.1m $1.1m 0.07% Added +4.2k +4,249
21 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 41,66441.7k $1.1m $1.1m 0.01% Added +1.6k +1,631
22 McNamara Financial Services, Inc. 0.19% of their portfolio MARSHFIELD, MA 40,07140.1k $1.0m $1.0m 0.19% Reduced -118 -118
23 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 37,94537.9k $966.1k $966.1k 0.02% Added +1.9k +1,911
24 RFG Advisory, LLC 0.02% of their portfolio BIRMINGHAM, AL 36,44936.4k $928.0k $928.0k 0.02% Reduced -480 -480
25 VICUS CAPITAL 0.07% of their portfolio STATE COLLEGE, PA 35,90935.9k $914.2k $914.2k 0.07% Reduced -773 -773
26 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 34,83734.8k $887.0k $887.0k 0.01% Added +2.2k +2,181
27 NOVUS ADVISORS, LLC 1.88% of their portfolio GREENVILLE, SC 33,07133.1k $842.0k $842.0k 1.88% Added +840 +840
28 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 31,50531.5k $802.1k $802.1k 0.00% Added +19.2k +19,250
29 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 31,35231.4k $798.2k $798.2k 0.00% Reduced -23.5k -23,490
30 KWB Wealth 0.07% of their portfolio REDLANDS, CA 28,50728.5k $725.8k $725.8k 0.07% Added +15.5k +15,498
31 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 28,27928.3k $720.0k $720.0k 0.00% Reduced -395.7k -395,677
32 AlphaStar Capital Management, LLC 0.05% of their portfolio CORNELIUS, NC 27,72627.7k $705.9k $705.9k 0.05% Added +14.4k +14,397
33 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 27,07027.1k $689.2k $689.2k 0.01% Reduced -8.3k -8,290
34 FSB PREMIER WEALTH MANAGEMENT, INC. 0.21% of their portfolio WATERLOO, IA 26,26926.3k $668.8k $668.8k 0.21% Added +291 +291
35 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 26,00026.0k $662.0k $662.0k 0.00% Added +13.6k +13,638
36 CreativeOne Wealth, LLC 0.02% of their portfolio OVERLAND PARK, KS 25,42325.4k $647.3k $647.3k 0.02% Added +974 +974
37 WealthPoint Financial, LLC 0.56% of their portfolio CRAMERTON, NC 25,35225.4k $645.5k $645.5k 0.56% First filing
38 Legacy Wealth Partners, LLC 0.15% of their portfolio Lakewood, CO 22,83422.8k $581.4k $581.4k 0.15% First filing
39 International Private Wealth Advisors LLC 0.35% of their portfolio SAN DIEGO, CA 21,96622.0k $559.3k $559.3k 0.35% Added +1.2k +1,229
40 CREATIVE FINANCIAL DESIGNS INC /ADV 0.03% of their portfolio KOKOMO, IN 20,58920.6k $524.2k $524.2k 0.03% Added +1.5k +1,514
41 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 20,25720.3k $515.7k $515.7k 0.01% New
42 Midwest Financial Network, LLC 0.39% of their portfolio TINLEY PARK, IL 19,61819.6k $499.5k $499.5k 0.39% New
43 LOCKERMAN FINANCIAL GROUP, INC. 0.88% of their portfolio NEWPORT BEACH, CA 18,02418.0k $458.9k $458.9k 0.88% Added +791 +791
44 Balboa Wealth Partners 0.08% of their portfolio SCOTTSDALE, AZ 17,84917.8k $454.4k $454.4k 0.08% Added +79 +79
45 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 14,43414.4k $367.5k $367.5k 0.00% Reduced -21.5k -21,479
46 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 14,36414.4k $365.7k $365.7k 0.00% Added +3.8k +3,829
47 Ascent Group, LLC 0.01% of their portfolio VIRGINIA BEACH, VA 12,27812.3k $312.6k $312.6k 0.01% Reduced -446 -446
48 RICHARDSON FINANCIAL SERVICES INC. 0.10% of their portfolio MEDWAY, MA 11,95812.0k $305.6k $305.6k 0.10% Reduced -776 -776
49 Balefire, LLC 0.06% of their portfolio DALLAS, TX 11,89911.9k $302.9k $302.9k 0.06% Added +11 +11
50 Arete Wealth Advisors, LLC 0.02% of their portfolio CHICAGO, IL 11,72411.7k $298.5k $298.5k 0.02% Reduced -96 -96
51 Outlook Wealth Advisors, LLC 0.06% of their portfolio SHENANDOAH, TX 10,80410.8k $275.1k $275.1k 0.06% Added +14 +14
52 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 10,57510.6k $269.2k $269.2k 0.00% Added +6.7k +6,651
53 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 10,51310.5k $267.7k $267.7k 0.00% New
54 RWA WEALTH PARTNERS, LLC 0.00% of their portfolio BOSTON, MA 10,25010.2k $261.0k $261.0k 0.00% Unchanged
55 IAMS WEALTH MANAGEMENT, LLC 0.09% of their portfolio OMAHA, NE 10,09710.1k $257.1k $257.1k 0.09% Reduced -16 -16
56 Cannon Financial Strategists, Inc. 0.04% of their portfolio ATHENS, GA 10,05710.1k $256.0k $256.0k 0.04% Added +229 +229
57 FLOW TRADERS U.S. LLC 0.01% of their portfolio NEW YORK, NY 10,01710.0k $255.0k $255.0k 0.01% Unchanged
58 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 9,0349.0k $230.0k $230.0k 0.00% New
59 Lifeworks Advisors, LLC 0.03% of their portfolio GRAND RAPIDS, MI 8,6738.7k $220.8k $220.8k 0.03% Reduced -8 -8
60 Global Financial Private Client, LLC 0.08% of their portfolio Sarasota, FL 8,6518.7k $220.3k $220.3k 0.08% Added +64 +64
61 GeoWealth Management, LLC 0.01% of their portfolio CHICAGO, IL 8,1798.2k $208.2k $208.2k 0.01% Reduced -333 -333
62 Sowell Financial Services LLC 0.01% of their portfolio NORTH LITTLE ROCK, AR 7,9297.9k $201.9k $201.9k 0.01% New
63 Breakwater Investment Management 0.04% of their portfolio SEATTLE, WA 4,5164.5k $115.0k $115.0k 0.04% New
64 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 4,3754.4k $111.8k $111.8k 0.00% Added +370 +370
65 Richard W. Paul & Associates, LLC 0.03% of their portfolio NOVI, MI 3,0343.0k $77.2k $77.2k 0.03% Reduced -266 -266
66 CWM, LLC 0.00% of their portfolio OMAHA, NE 2,6442.6k $67.0k $67.0k 0.00% Added +1.7k +1,673
67 Triumph Capital Management 0.01% of their portfolio DENVER, CO 2,0302.0k $51.7k $51.7k 0.01% New
68 FLAGSHIP HARBOR ADVISORS, LLC 0.00% of their portfolio BOSTON, MA 1,0611.1k $27.0k $27.0k 0.00% New
69 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 729729 $18.6k $18.6k 0.00% Unchanged
70 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 660660 $16.8k $16.8k 0.00% Added +76 +76
71 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 564564 $14.4k $14.4k 0.00% Unchanged
72 Principia Wealth Advisory, LLC 0.01% of their portfolio DALLAS, TX 462462 $11.8k $11.8k 0.01% Reduced -381 -381
73 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 384384 $9.8k $9.8k 0.00% Reduced -7 -7
74 COMERICA BANK 0.00% of their portfolio DALLAS, TX 306306 $7.8k $7.8k 0.00% Added +6 +6
75 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 263263 $7.0k $7.0k 0.00% Unchanged
76 Safe Harbor Fiduciary, LLC 0.01% of their portfolio PENSACOLA, FL 259259 $6.6k $6.6k 0.01% First filing
77 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 258258 $6.6k $6.6k 0.00% Unchanged
78 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 245245 $6.0k $6.0k 0.00% Added +86 +86
79 UBS Group AG 0.00% of their portfolio ZURICH, V8 240240 $6.1k $6.1k 0.00% Reduced -73 -73
80 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 225225 $5.7k $5.7k 0.00% Reduced -114 -114
81 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 188188 $4.8k $4.8k 0.00% Reduced -9 -9
82 Kingdom Financial Group LLC. 0.00% of their portfolio PEORIA, AZ 147147 $3.7k $3.7k 0.00% New
83 EVOLUTION WEALTH MANAGEMENT INC. 0.00% of their portfolio FORT MYERS, FL 135135 $3.4k $3.4k 0.00% Added +96 +96
84 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 123123 $3.1k $3.1k 0.00% Unchanged
85 Quest 10 Wealth Builders, Inc. 0.00% of their portfolio Fuquay-Varina, VA 112112 $2.9k $2.9k 0.00% Added +47 +47
86 Cape Investment Advisory, Inc. 0.00% of their portfolio MCDONOUGH, GA 110110 $2.8k $2.8k 0.00% New
87 REAP Financial Group, LLC 0.00% of their portfolio AUSTIN, TX 100100 $2.5k $2.5k 0.00% Unchanged
88 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9898 $2.5k $2.5k 0.00% Added +1 +1
89 FMR LLC 0.00% of their portfolio BOSTON, MA 9393 $2.4k $2.4k 0.00% Added +59 +59
90 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 8484 $2.1k $2.1k 0.00% New
91 Covestor Ltd 0.00% of their portfolio LONDON, X0 6363 $2.0k $2.0k 0.00% Added +35 +35
92 Rossby Financial, LCC 0.00% of their portfolio MELBOURNE, FL 5252 $1.3k $1.3k 0.00% Reduced -9 -9
93 Key Capital Management, INC 0.00% of their portfolio HENDERSONVILLE, TN 37075, TN 11 $25 $25 0.00% First filing