Vault-13

SPDR SER TR BILS

BLOOMBERG 3-12 M · ETP · CUSIP 78468R523

289 institutional holders +11 vs Q1 2025
25,151,09825.2m shares reported held*
$2.5bnreported value*
34 new 119 added 107 reduced 26 sold out net bought ≈ $74.8m (+744.5k 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. Holder counts are more reliable. Implied quarter-end price ≈ $99.43.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 20Q4 22: 63Q1 23: 128Q2 23: 181Q3 23: 202Q4 23: 232Q1 24: 243Q2 24: 245Q3 24: 239Q4 24: 264Q1 25: 278Q2 25: 289289Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202220
Q4 202263
Q1 2023128
Q2 2023181
Q3 2023202
Q4 2023232
Q1 2024243
Q2 2024245
Q3 2024239
Q4 2024264
Q1 2025278
Q2 2025289

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 134 bought or addedQ3 23: 69 cut or sold outQ4 23: 132 bought or addedQ4 23: 88 cut or sold outQ4 23Q1 24: 122 bought or addedQ1 24: 126 cut or sold outQ2 24: 126 bought or addedQ2 24: 131 cut or sold outQ2 24Q3 24: 129 bought or addedQ3 24: 118 cut or sold outQ4 24: 128 bought or addedQ4 24: 116 cut or sold outQ4 24Q1 25: 168 bought or addedQ1 25: 106 cut or sold outQ2 25: 153 bought or addedQ2 25: 133 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202313469
Q4 202313288
Q1 2024122126
Q2 2024126131
Q3 2024129118
Q4 2024128116
Q1 2025168106
Q2 2025153133

Biggest buyers

ROYAL BANK OF CANADA Added +583,523+583.5k
LPL Financial LLC Added +406,464+406.5k
AMERIPRISE FINANCIAL INC Added +276,283+276.3k
Rockefeller Capital Management L.P. Added +183,228+183.2k
WELLS FARGO & COMPANY/MN Added +174,287+174.3k
Running Point Capital Advisors, LLC Added +119,630+119.6k
Cerity Partners LLC Added +109,428+109.4k
TRUIST FINANCIAL CORP Added +101,783+101.8k
AQR CAPITAL MANAGEMENT LLC Added +96,485+96.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +79,940+79.9k

Biggest sellers

RENAISSANCE TECHNOLOGIES LLC Sold out -958,400-958.4k
Proficio Capital Partners LLC Reduced -445,393-445.4k
PARTNERS CAPITAL INVESTMENT GROUP, LLP Reduced -295,525-295.5k
Ashton Thomas Private Wealth, LLC Reduced -195,734-195.7k
ARMSTRONG ADVISORY GROUP, INC Reduced -166,968-167.0k
CWM, LLC Reduced -151,650-151.7k
OSAIC HOLDINGS, INC. Reduced -141,782-141.8k
Convergence Financial, LLC Reduced -94,885-94.9k
Bell Bank Reduced -87,886-87.9k
WealthTrust Asset Management, LLC Reduced -66,937-66.9k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.11% of their portfolio FORT MILL, SC 3,276,9823.3m $325.8m $325.8m 0.11% Added +406.5k +406,464
2 CWM, LLC 0.66% of their portfolio OMAHA, NE 1,875,9101.9m $186.5m $186.5m 0.66% Reduced -151.7k -151,650
3 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,398,9481.4m $139.1m $139.1m 0.01% Reduced -24.0k -23,992
4 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 1,133,4201.1m $112.7m $112.7m 0.03% Added +276.3k +276,283
5 Miller Investment Management, LP 11.57% of their portfolio WEST CONSHOHOCKEN, PA 1,108,0661.1m $110.2m $110.2m 11.57% Added +342 +342
6 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 976,138976.1k $97.1m $97.1m 0.01% Added +583.5k +583,523
7 Sargent Investment Group, LLC 8.05% of their portfolio BETHESDA, MD 600,218600.2k $59.5m $59.5m 8.05% Added +19.3k +19,299
8 Bell Bank 2.46% of their portfolio FARGO, ND 530,257530.3k $52.7m $52.7m 2.46% Reduced -87.9k -87,886
9 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 478,109478.1k $47.5m $47.5m 0.01% Added +77.3k +77,298
10 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 463,841463.8k $46.1m $46.1m 0.06% Added +12.1k +12,124
11 Cetera Investment Advisers 0.08% of their portfolio SCHAUMBURG, IL 458,535458.5k $45.6m $45.6m 0.08% Added +31.3k +31,270
12 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 448,581448.6k $44.6m $44.6m 0.01% Added +174.3k +174,287
13 OSAIC HOLDINGS, INC. 0.08% of their portfolio SCOTTSDALE, AZ 433,925433.9k $43.1m $43.1m 0.08% Reduced -141.8k -141,782
14 UBS Group AG 0.01% of their portfolio ZURICH, V8 403,026403.0k $40.1m $40.1m 0.01% Added +31.2k +31,166
15 PECAUT & CO. 12.44% of their portfolio SIOUX CITY, IA 376,756376.8k $37.5m $37.5m 12.44% Added +523 +523
16 Ashton Thomas Private Wealth, LLC 1.04% of their portfolio SCOTTSDALE, AZ 297,399297.4k $29.6m $29.6m 1.04% Reduced -195.7k -195,734
17 PARTNERS CAPITAL INVESTMENT GROUP, LLP 1.18% of their portfolio BOSTON, MA 294,974295.0k $29.3m $29.3m 1.18% Reduced -295.5k -295,525
18 SoundView Advisors Inc. 10.05% of their portfolio OLYMPIA, WA 274,348274.3k $27.3m $27.3m 10.05% Added +6.3k +6,323
19 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 266,033266.0k $26.5m $26.5m 0.04% Added +101.8k +101,783
20 One Day In July LLC 2.32% of their portfolio BURLINGTON, VT 257,744257.7k $25.6m $25.6m 2.32% Added +74.8k +74,821
21 Running Point Capital Advisors, LLC 7.00% of their portfolio EL SEGUNDO, CA 255,113255.1k $25.4m $25.4m 7.00% Added +119.6k +119,630
22 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 252,240252.2k $25.1m $25.1m 0.03% Added +183.2k +183,228
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 250,650250.7k $24.9m $24.9m 0.00% Added +55.8k +55,750
24 AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio Greenwich, CT 229,093229.1k $22.8m $22.8m 0.02% Added +96.5k +96,485
25 Integrated Wealth Concepts LLC 0.22% of their portfolio WALTHAM, MA 218,687218.7k $21.7m $21.7m 0.22% Added +45.4k +45,408
26 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 216,762216.8k $21.6m $21.6m 0.06% Added +79.7k +79,689
27 CWA Asset Management Group, LLC 0.88% of their portfolio NAPLES, FL 209,539209.5k $20.8m $20.8m 0.88% Reduced -15.9k -15,938
28 Peak Asset Management, LLC 3.62% of their portfolio LOUISVILLE, CO 198,943198.9k $19.8m $19.8m 3.62% Added +2.5k +2,541
29 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 181,239181.2k $18.0m $18.0m 0.01% Added +12.5k +12,542
30 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 174,125174.1k $17.3m $17.3m 0.03% Added +109.4k +109,428
31 NorthCoast Asset Management LLC 0.07% of their portfolio STAMFORD, CT 172,723172.7k $17.2m $17.2m 0.07% Added +20.6k +20,558
32 Proficio Capital Partners LLC 1.01% of their portfolio NEWTON, MA 164,099164.1k $16.3m $16.3m 1.01% Reduced -445.4k -445,393
33 Private Advisor Group, LLC 0.08% of their portfolio MORRISTOWN, NJ 142,431142.4k $14.2m $14.2m 0.08% Added +38.7k +38,658
34 NDWM LLC 10.20% of their portfolio LA JOLLA, CA 140,079140.1k $13.9m $13.9m 10.20% Reduced -27.8k -27,757
35 Financial Advocates Investment Management 1.05% of their portfolio OLYMPIA, WA 129,678129.7k $12.9m $12.9m 1.05% Reduced -1.5k -1,468
36 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 129,475129.5k $12.9m $12.9m 0.01% Added +21.1k +21,064
37 CASTLEKEEP INVESTMENT ADVISORS LLC 6.21% of their portfolio WESTPORT, CT 127,671127.7k $12.7m $12.7m 6.21% Reduced -10.1k -10,144
38 DBK Financial Counsel, LLC 11.37% of their portfolio CUYAHOGA FALLS, OH 126,532126.5k $12.6m $12.6m 11.37% Added +16.9k +16,927
39 Fortis Group Advisors, LLC 2.23% of their portfolio WESTWOOD, NJ 123,761123.8k $12.3m $12.3m 2.23% Added +33.0k +33,013
40 Horizon Family Wealth, Inc. 7.38% of their portfolio CHICAGO, IL 121,631121.6k $12.1m $12.1m 7.38% Added +4.9k +4,945
41 Birchcreek Wealth Management, LLC 6.81% of their portfolio MIAMI TOWNSHIP, OH 120,933120.9k $12.0m $12.0m 6.81% Added +1.4k +1,425
42 Choate Investment Advisors 0.26% of their portfolio BOSTON, MA 120,750120.8k $12.0m $12.0m 0.26% Reduced -4.2k -4,218
43 Treasure Coast Financial Planning 6.98% of their portfolio VERO BEACH, FL 120,402120.4k $12.0m $12.0m 6.98% Added +2.4k +2,409
44 Austin Wealth Management, LLC 2.07% of their portfolio Austin, TX 117,034117.0k $11.6m $11.6m 2.07% Reduced -3.5k -3,537
45 Delos Wealth Advisors, LLC 8.70% of their portfolio DALLAS, TX 112,105112.1k $11.1m $11.1m 8.70% Reduced -4.9k -4,914
46 MOKAN Wealth Management Inc. 6.17% of their portfolio OVERLAND PARK, KS 111,071111.1k $11.0m $11.0m 6.17% Added +7.8k +7,761
47 Long Run Wealth Advisors, LLC 2.26% of their portfolio Lake Placid, NY 108,203108.2k $10.8m $10.8m 2.26% Added +18.1k +18,102
48 Equitable Holdings, Inc. 0.09% of their portfolio NEW YORK, NY 107,823107.8k $10.7m $10.7m 0.09% Reduced -3.3k -3,300
49 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 106,711106.7k $10.6m $10.6m 0.02% Added +79.9k +79,940
50 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 104,490104.5k $10.4m $10.4m 0.05% Reduced -31.5k -31,485
51 Anson Capital, Inc. 7.72% of their portfolio TYRONE, GA 96,35596.4k $9.6m $9.6m 7.72% Added +8.1k +8,055
52 Altiora Financial Group, LLC 1.82% of their portfolio LEBANON, OH 93,77293.8k $9.3m $9.3m 1.82% Reduced -12.3k -12,264
53 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 91,43891.4k $9.1m $9.1m 0.01% Added +6.8k +6,760
54 Wealthcare Advisory Partners LLC 0.20% of their portfolio WEST CHESTER, PA 88,36888.4k $8.8m $8.8m 0.20% Added +44.1k +44,079
55 ENTREWEALTH, LLC 5.91% of their portfolio AUSTIN, TX 85,94185.9k $8.5m $8.5m 5.91% Reduced -8.2k -8,191
56 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 82,19082.2k $8.2m $8.2m 0.01% Added +43.1k +43,079
57 AlphaCore Capital LLC 0.31% of their portfolio LA JOLLA, CA 80,54680.5k $8.0m $8.0m 0.31% Added +15.8k +15,845
58 NAPA WEALTH MANAGEMENT 3.82% of their portfolio Napa, CA 80,40980.4k $8.0m $8.0m 3.82% Added +76.8k +76,784
59 Valmark Advisers, Inc. 0.11% of their portfolio AKRON, OH 79,19079.2k $7.9m $7.9m 0.11% Added +6.3k +6,287
60 Kera Capital Partners, Inc. 1.50% of their portfolio SACRAMENTO, CA 76,33976.3k $7.6m $7.6m 1.50% New
61 Hibernia Wealth Partners, LLC 2.75% of their portfolio BATON ROUGE, LA 75,90275.9k $7.5m $7.5m 2.75% Added +37.7k +37,733
62 Strategic Wealth Partners, Ltd. 0.59% of their portfolio INDEPENDENCE, OH 75,76575.8k $7.5m $7.5m 0.59% First filing
63 CALTON & ASSOCIATES, INC. 1.30% of their portfolio Tampa, FL 75,37375.4k $7.5m $7.5m 1.30% Added +40.8k +40,798
64 WOOSTER CORTHELL WEALTH MANAGEMENT, INC. 1.35% of their portfolio GLASTONBURY, CT 73,46473.5k $7.3m $7.3m 1.35% Added +37.9k +37,867
65 PROMETHIUM ADVISORS,LLC 4.33% of their portfolio BETHESDA, MD 71,73471.7k $7.1m $7.1m 4.33% Added +24.3k +24,280
66 Pacific Sage Partners, LLC 1.39% of their portfolio EDMONDS, WA 70,14170.1k $7.0m $7.0m 1.39% Added +37.8k +37,775
67 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 68,13168.1k $6.8m $6.8m 0.02% Reduced -5.8k -5,814
68 Beacon Capital Management, Inc. 0.34% of their portfolio DAYTON, OH 65,88665.9k $6.6m $6.6m 0.34% Reduced -13.4k -13,392
69 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 64,62864.6k $6.4m $6.4m 0.01% Reduced -1.2k -1,197
70 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 64,42664.4k $6.4m $6.4m 0.02% Added +15.2k +15,235
71 Waldron Private Wealth LLC 0.27% of their portfolio BRIDGEVILLE, PA 63,01063.0k $6.3m $6.3m 0.27% Reduced -9.7k -9,688
72 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 61,86461.9k $6.2m $6.2m 0.00% Added +41.3k +41,275
73 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 61,04161.0k $6.1m $6.1m 0.01% Added +11.8k +11,791
74 MONEY CONCEPTS CAPITAL CORP 0.40% of their portfolio PALM BEACH GARDENS, FL 59,64859.6k $5.9m $5.9m 0.40% Reduced -5.4k -5,414
75 RETIREMENT CAPITAL STRATEGIES 2.34% of their portfolio SAN JOSE, CA 59,27659.3k $5.9m $5.9m 2.34% Added +15.1k +15,096
76 INDEPENDENT FINANCIAL GROUP, LLC 0.15% of their portfolio SAN DIEGO, CA 56,32656.3k $5.6m $5.6m 0.15% Added +3.5k +3,473
77 HRT FINANCIAL LP 0.03% of their portfolio NEW YORK, NY 53,60053.6k $5.3m $5.3m 0.03% New
78 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 53,38453.4k $5.3m $5.3m 0.00% Added +18.8k +18,801
79 CoreCap Advisors, LLC 0.21% of their portfolio SOUTHFIELD, MI 52,61852.6k $5.2m $5.2m 0.21% Added +2.0k +2,005
80 HAMILTON CAPITAL PARTNERS, LLC 2.49% of their portfolio ATLANTA, GA 52,17852.2k $5.2m $5.2m 2.49% New
81 HM PAYSON & CO 0.08% of their portfolio PORTLAND, ME 52,06952.1k $5.2m $5.2m 0.08% Reduced -4.4k -4,400
82 Brookstone Capital Management 0.07% of their portfolio WHEATON, IL 51,85551.9k $5.2m $5.2m 0.07% New
83 Prosperity Consulting Group, LLC 0.38% of their portfolio OWINGS MILLS, MD 51,84351.8k $5.2m $5.2m 0.38% New
84 Concurrent Investment Advisors, LLC 0.10% of their portfolio Tampa, FL 51,34751.3k $5.1m $5.1m 0.10% Added +8.0k +8,001
85 SeaBridge Investment Advisors LLC 0.92% of their portfolio SUMMIT, NJ 49,72749.7k $4.9m $4.9m 0.92% Added +26.7k +26,716
86 STEPHENS INC /AR/ 0.07% of their portfolio LITTLE ROCK, AR 49,55049.5k $4.9m $4.9m 0.07% Reduced -11.7k -11,708
87 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 49,09549.1k $4.9m $4.9m 0.00% New
88 Caitlin John, LLC 4.34% of their portfolio BRIGHTON, MI 47,90647.9k $4.8m $4.8m 4.34% Added +9.6k +9,601
89 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 46,93246.9k $4.7m $4.7m 0.02% Added +7.2k +7,181
90 Carrera Capital Advisors 0.93% of their portfolio TROY, MI 46,65546.7k $4.6m $4.6m 0.93% Added +5.8k +5,849
91 Hershey Financial Advisers, LLC 4.15% of their portfolio LANCASTER, PA 46,57946.6k $4.6m $4.6m 4.15% First filing
92 Stratos Wealth Partners, LTD. 0.06% of their portfolio BEACHWOOD, OH 46,54446.5k $4.6m $4.6m 0.06% Added +3.4k +3,420
93 QUADRANT CAPITAL GROUP LLC 0.17% of their portfolio CINCINNATI, OH 46,34346.3k $4.6m $4.6m 0.17% Reduced -11.3k -11,274
94 WealthTrust Asset Management, LLC 3.42% of their portfolio Destin, FL 46,01346.0k $4.6m $4.6m 3.42% Reduced -66.9k -66,937
95 Rareview Capital LLC 2.81% of their portfolio LAS VEGAS, NV 44,84144.8k $4.5m $4.5m 2.81% New
96 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 44,82444.8k $4.5m $4.5m 0.01% Added +41.0k +41,040
97 Capstone Wealth Management Group LLC 3.20% of their portfolio Bend, OR 44,28644.3k $4.4m $4.4m 3.20% Added +4.3k +4,293
98 Onyx Bridge Wealth Group LLC 0.56% of their portfolio TARRYTOWN, NY 42,63842.6k $4.2m $4.2m 0.56% Reduced -769 -769
99 KPP Advisory Services LLC 0.69% of their portfolio Louisville, KY 42,14842.1k $4.2m $4.2m 0.69% Added +7.5k +7,455
100 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 41,16841.2k $4.1m $4.1m 0.01% Added +175 +175