Vault-13

SPDR SER TR XOP

S&P OILGAS EXP · ETP · CUSIP 78468R556

389 institutional holders +43 vs Q2 2023
25,207,51925.2m shares reported held*
$3.7bnreported value*
84 new 123 added 92 reduced 38 sold out net sold ≈ $592.7m (-4.0m 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 ($1.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $147.83. Options: 32 managers hold calls ($1.6bn notional), 38 hold puts ($2.8bn).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 355Q4 22: 380Q1 23: 364Q2 23: 346Q3 23: 389389Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022355
Q4 2022380
Q1 2023364
Q2 2023346
Q3 2023389

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 177 bought or addedQ4 22: 157 cut or sold outQ4 22Q1 23: 140 bought or addedQ1 23: 194 cut or sold outQ1 23Q2 23: 136 bought or addedQ2 23: 167 cut or sold outQ2 23Q3 23: 207 bought or addedQ3 23: 130 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022177157
Q1 2023140194
Q2 2023136167
Q3 2023207130

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bn$4bnQ4 22 calls: $1.4bnQ4 22 puts: $3.5bnQ4 22P/C 2.50Q1 23 calls: $1.3bnQ1 23 puts: $2.3bnQ1 23P/C 1.78Q2 23 calls: $1.1bnQ2 23 puts: $1.8bnQ2 23P/C 1.71Q3 23 calls: $1.6bnQ3 23 puts: $2.8bnQ3 23P/C 1.75
Numbers
QuarterCallsPutsP/C
Q4 2022$1.4bn$3.5bn2.50
Q1 2023$1.3bn$2.3bn1.78
Q2 2023$1.1bn$1.8bn1.71
Q3 2023$1.6bn$2.8bn1.75

Biggest buyers

HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND New +500,000+500.0k
Candlestick Capital Management LP New +425,000+425.0k
GOLDMAN SACHS GROUP INC Added +368,692+368.7k
LPL Financial LLC Added +300,166+300.2k
MOORE CAPITAL MANAGEMENT, LP New +260,000+260.0k
Blackstone Inc. New +235,000+235.0k
Balyasny Asset Management L.P. New +211,381+211.4k
JPMORGAN CHASE & CO Added +198,439+198.4k
UBS Group AG Added +162,710+162.7k
Hudson Bay Capital Management LP New +134,816+134.8k

Biggest sellers

TORONTO DOMINION BANK Reduced -2,772,846-2.8m
BANK OF AMERICA CORP /DE/ Reduced -994,586-994.6k
CITIGROUP INC Reduced -974,841-974.8k
MENORA MIVTACHIM HOLDINGS LTD. Reduced -904,000-904.0k
Elliott Investment Management L.P. Sold out -402,500-402.5k
CITADEL ADVISORS LLC Reduced -276,599-276.6k
MORGAN STANLEY Reduced -259,357-259.4k
JANE STREET GROUP, LLC Reduced -243,162-243.2k
Vanderbilt University Reduced -241,660-241.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -201,257-201.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $570.3m3.9m shares
CITADEL ADVISORS LLC Reduced $239.2m1.6m shares
Hudson Bay Capital Management LP Added $133.1m900.0k shares
MILLENNIUM MANAGEMENT LLC Added $121.2m819.3k shares
UBS Group AG Added $105.5m713.2k shares
CITIGROUP INC Unchanged $56.2m380.0k shares
GTS SECURITIES LLC New $52.3m353.8k shares
Squarepoint Ops LLC Added $41.5m280.9k shares
BANK OF AMERICA CORP /DE/ New $41.4m280.0k shares
CAPSTONE INVESTMENT ADVISORS, LLC New $39.2m265.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $628.9m4.3m shares
CITADEL ADVISORS LLC Added $308.6m2.1m shares
BANK OF AMERICA CORP /DE/ Added $307.8m2.1m shares
ROYAL BANK OF CANADA Added $277.6m1.9m shares
OAKTREE CAPITAL MANAGEMENT LP Added $176.8m1.2m shares
NOMURA HOLDINGS INC Added $171.5m1.2m shares
MILLENNIUM MANAGEMENT LLC Added $149.3m1.0m shares
WOLVERINE TRADING, LLC Added $120.5m814.4k shares
GTS SECURITIES LLC New $89.5m604.8k shares
GOLDMAN SACHS GROUP INC Added $81.4m550.0k shares

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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: Invesco Ltd. (0.0%, 2026-08-13)

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GOLDMAN SACHS GROUP INC 0.12% of their portfolio NEW YORK, NY 3,196,9073.2m $472.9m $472.9m 0.12% Added +368.7k +368,692
2 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 1,972,6342.0m $291.8m $291.8m 0.04% Reduced -994.6k -994,586
3 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 1,743,2251.7m $257.8m $257.8m 0.03% Reduced -259.4k -259,357
4 BARCLAYS PLC 0.15% of their portfolio LONDON, X0 1,534,9861.5m $227.0m $227.0m 0.15% Reduced -148.5k -148,500
5 TORONTO DOMINION BANK 0.16% of their portfolio TORONTO, ONTARIO, A6 1,265,0961.3m $187.1m $187.1m 0.16% Reduced -2.8m -2,772,846
6 CITIGROUP INC 0.21% of their portfolio NEW YORK, NY 975,587975.6k $144.3m $144.3m 0.21% Reduced -974.8k -974,841
7 MENORA MIVTACHIM HOLDINGS LTD. 1.28% of their portfolio Ramat Gan, L3 953,000953.0k $141.0m $141.0m 1.28% Reduced -904.0k -904,000
8 Johns Hopkins University 5.64% of their portfolio BALTIMORE, MD 691,432691.4k $102.3m $102.3m 5.64% Added +51.2k +51,175
9 BESSEMER GROUP INC 0.21% of their portfolio WOODBRIDGE, NJ 652,303652.3k $96.5m $96.5m 0.21% Unchanged
10 59 North Capital Management, LP 9.34% of their portfolio Houston, TX 545,571545.6k $80.7m $80.7m 9.34% Reduced -50.9k -50,879
11 UBS Group AG 0.04% of their portfolio ZURICH, V8 531,531531.5k $78.6m $78.6m 0.04% Added +162.7k +162,710
12 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 502,916502.9k $74.4m $74.4m 0.05% Added +300.2k +300,166
13 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.34% of their portfolio TORONTO, A6 500,000500.0k $74.0m $74.0m 0.34% New
14 Candlestick Capital Management LP 2.50% of their portfolio GREENWICH, CT 425,000425.0k $62.9m $62.9m 2.50% New
15 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 387,238387.2k $57.3m $57.3m 0.01% Added +198.4k +198,439
16 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 366,354366.4k $54.2m $54.2m 0.01% Unchanged
17 Vanderbilt University 13.07% of their portfolio NASHVILLE, TN 342,256342.3k $50.6m $50.6m 13.07% Reduced -241.7k -241,660
18 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.35% of their portfolio NEW YORK, NY 309,305309.3k $45.7m $45.7m 0.35% Unchanged
19 Thrivent Financial for Lutherans 0.09% of their portfolio Minneapolis, MN 267,854267.9k $39.8m $39.8m 0.09% Reduced -30.7k -30,746
20 MOORE CAPITAL MANAGEMENT, LP 1.04% of their portfolio NEW YORK, NY 260,000260.0k $38.5m $38.5m 1.04% New
21 CAPITAL FUND MANAGEMENT S.A. 0.50% of their portfolio PARIS, I0 253,718253.7k $37.5m $37.5m 0.50% Reduced -115.6k -115,612
22 MACKENZIE FINANCIAL CORP 0.06% of their portfolio TORONTO ONTARIO, A6 251,684251.7k $35.8m $35.8m 0.06% Added +101.7k +101,746
23 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 237,740237.7k $35.2m $35.2m 0.05% Reduced -128.7k -128,654
24 Blackstone Inc. 0.15% of their portfolio NEW YORK, NY 235,000235.0k $34.8m $34.8m 0.15% New
25 Twin Tree Management, LP 1.15% of their portfolio DALLAS, TX 231,551231.6k $34.2m $34.2m 1.15% Reduced -888 -888
26 Balyasny Asset Management L.P. 0.09% of their portfolio Chicago, IL 211,381211.4k $31.3m $31.3m 0.09% New
27 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 197,204197.2k $29.2m $29.2m 0.03% Reduced -276.6k -276,599
28 OAKWORTH CAPITAL, INC. 2.62% of their portfolio BIRMINGHAM, AL 194,607194.6k $28.8m $28.8m 2.62% Reduced -8.2k -8,183
29 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 190,268190.3k $28.1m $28.1m 0.01% Added +16.5k +16,500
30 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio BALA CYNWYD, PA 179,828179.8k $26.6m $26.6m 0.04% Reduced -201.3k -201,257
31 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 169,246169.2k $25.0m $25.0m 0.01% Added +20.5k +20,543
32 Cetera Advisor Networks LLC 0.16% of their portfolio EL SEGUNDO, CA 166,783166.8k $24.7m $24.7m 0.16% Added +14.6k +14,566
33 CASTLEARK MANAGEMENT LLC 1.21% of their portfolio CHICAGO, IL 160,370160.4k $23.7m $23.7m 1.21% Reduced -990 -990
34 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 149,822149.8k $22.5m $22.5m 0.01% Added +62.3k +62,338
35 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 141,080141.1k $20.9m $20.9m 0.01% Added +61.4k +61,398
36 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 135,465135.5k $20.0m $20.0m 0.04% Reduced -28.3k -28,343
37 Hudson Bay Capital Management LP 0.10% of their portfolio STAMFORD, CT 134,816134.8k $19.9m $19.9m 0.10% New
38 Squarepoint Ops LLC 0.09% of their portfolio NEW YORK, NY 127,964128.0k $18.9m $18.9m 0.09% Reduced -100.5k -100,548
39 CW Advisors, LLC 0.39% of their portfolio BOSTON, MA 126,453126.5k $18.7m $18.7m 0.39% Added +110.9k +110,879
40 CONNABLE OFFICE INC 2.13% of their portfolio KALAMAZOO, MI 104,705104.7k $15.5m $15.5m 2.13% Added +415 +415
41 Arctis Global LLC 8.56% of their portfolio SAN JUAN, PR 103,012103.0k $15.2m $15.2m 8.56% New
42 CTC LLC 0.68% of their portfolio CHICAGO, IL 102,086102.1k $15.1m $15.1m 0.68% Added +91.4k +91,389
43 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 101,116101.1k $15.0m $15.0m 0.02% Added +32.8k +32,786
44 DFPG INVESTMENTS, LLC 1.22% of their portfolio SANDY, UT 96,32896.3k $13.1m $13.1m 1.22% New
45 WOLVERINE TRADING, LLC 0.14% of their portfolio CHICAGO, IL 94,92994.9k $14.0m $14.0m 0.14% Added +17.3k +17,341
46 ELEMENT POINTE ADVISORS, LLC 3.85% of their portfolio MIAMI, FL 81,64881.6k $12.1m $12.1m 3.85% Added +8.1k +8,073
47 Paloma Partners Management Co 2.37% of their portfolio GREENWICH, CT 77,21677.2k $11.4m $11.4m 2.37% Added +75.7k +75,700
48 Composition Wealth, LLC 0.35% of their portfolio LOS ANGELES, CA 75,88575.9k $11.2m $11.2m 0.35% Reduced -4.8k -4,784
49 Sculptor Capital LP 0.27% of their portfolio New York, NY 75,00075.0k $11.1m $11.1m 0.27% Unchanged
50 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 71,75871.8k $10.6m $10.6m 0.04% Added +2.9k +2,931
51 Venture Visionary Partners LLC 0.63% of their portfolio Sylvania, OH 70,94970.9k $10.5m $10.5m 0.63% Added +267 +267
52 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 69,57169.6k $10.3m $10.3m 0.01% Added +263 +263
53 Claar Advisors LLC 4.00% of their portfolio NEW YORK, NY 68,15068.2k $10.1m $10.1m 4.00% Unchanged
54 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 67,69667.7k $10.0m $10.0m 0.01% Added +5.1k +5,092
55 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 65,67665.7k $9.7m $9.7m 0.03% Added +62.5k +62,504
56 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 65,16765.2k $9.6m $9.6m 0.02% Reduced -724 -724
57 BANK OF NOVA SCOTIA 0.02% of their portfolio TORONTO, A6 58,90058.9k $8.7m $8.7m 0.02% Added +33.3k +33,315
58 SPX Gestao de Recursos Ltda 0.45% of their portfolio RIO DE JANEIRO, D5 58,00058.0k $8.6m $8.6m 0.45% New
59 SATOVSKY ASSET MANAGEMENT LLC 2.86% of their portfolio NEW YORK, NY 57,11957.1k $8.4m $8.4m 2.86% Added +4.4k +4,385
60 MIRABELLA FINANCIAL SERVICES LLP 1.14% of their portfolio London, X0 53,99354.0k $8.0m $8.0m 1.14% Reduced -7.0k -6,970
61 Southeast Asset Advisors, LLC 1.10% of their portfolio THOMASVILLE, GA 53,14053.1k $7.9m $7.9m 1.10% Unchanged
62 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 51,04851.0k $7.6m $7.6m 0.02% Added +2.5k +2,487
63 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 49,61049.6k $7.3m $7.3m 0.00% Added +36.5k +36,484
64 United Asset Strategies, Inc. 0.92% of their portfolio GARDEN CITY, NY 47,91447.9k $7.1m $7.1m 0.92% New
65 SG Americas Securities, LLC 0.09% of their portfolio NEW YORK, NY 47,14447.1k $7.0m $7.0m 0.09% Added +18.8k +18,754
66 Modus Advisors, LLC 2.99% of their portfolio EXCELSIOR, MN 46,33646.3k $6.9m $6.9m 2.99% Added +493 +493
67 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 46,25046.2k $6.8m $6.8m 0.01% Added +17.5k +17,499
68 LMR Partners LLP 0.15% of their portfolio LONDON, X0 45,73045.7k $6.8m $6.8m 0.15% Reduced -94.1k -94,119
69 Jefferies Financial Group Inc. 0.17% of their portfolio NEW YORK, NY 45,00045.0k $6.7m $6.7m 0.17% Added +21.8k +21,750
70 Alaska Permanent Fund Corp 0.12% of their portfolio JUNEAU, AK 44,48544.5k $6.6m $6.6m 0.12% Added +35.0k +35,000
71 TWIN FOCUS CAPITAL PARTNERS, LLC 1.46% of their portfolio Boston, MA 44,02144.0k $6.5m $6.5m 1.46% Added +1.9k +1,875
72 RFG Holdings, Inc. 3.39% of their portfolio Argyle, TX 40,54140.5k $6.0m $6.0m 3.39% Reduced -8.7k -8,663
73 Clark Capital Management Group, Inc. 0.06% of their portfolio PHILADELPHIA, PA 40,30140.3k $6.0m $6.0m 0.06% New
74 EARNEST PARTNERS LLC 0.03% of their portfolio ATLANTA, GA 40,09440.1k $5.9m $5.9m 0.03% Unchanged
75 VALLEY WEALTH MANAGERS, INC. 0.49% of their portfolio PARAMUS, NJ 39,45739.5k $5.8m $5.8m 0.49% New
76 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 37,12937.1k $5.5m $5.5m 0.00% Reduced -1.0k -1,014
77 Symmetry Investments LP 1.57% of their portfolio ST HELIER, Y9 36,65036.6k $5.4m $5.4m 1.57% New
78 Phoenix Financial Ltd. 0.05% of their portfolio Givatayim, L3 34,85234.9k $5.2m $5.2m 0.05% Added +29.3k +29,256
79 Banque Cantonale Vaudoise 0.25% of their portfolio LAUSANNE, V8 34,21134.2k $5.1m $5.1m 0.25% Added +1.6k +1,614
80 HRT FINANCIAL LP 0.05% of their portfolio NEW YORK, NY 32,90432.9k $4.9m $4.9m 0.05% Added +11.0k +11,033
81 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 32,18032.2k $4.8m $4.8m 0.04% Added +647 +647
82 Crestone Asset Management LLC 1.12% of their portfolio BOULDER, CO 31,69931.7k $4.7m $4.7m 1.12% Reduced -94.1k -94,101
83 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 31,68531.7k $4.7m $4.7m 0.01% Reduced -2.6k -2,628
84 GTS SECURITIES LLC 0.10% of their portfolio NEW YORK, NY 31,20731.2k $4.6m $4.6m 0.10% Reduced -18.6k -18,617
85 CONTINUUM WEALTH ADVISORS, LLC 3.24% of their portfolio SARATOGA SPRINGS, NY 31,11431.1k $4.6m $4.6m 3.24% New
86 Brookstone Capital Management 0.10% of their portfolio WHEATON, IL 30,94430.9k $4.7m $4.7m 0.10% Added +5.6k +5,597
87 SHELTON WEALTH MANAGEMENT, LLC 3.57% of their portfolio FORT WORTH, TX 30,14330.1k $4.5m $4.5m 3.57% Added +1.0k +1,033
88 Concentric Capital Strategies, LP 0.47% of their portfolio Stamford, CT 28,62028.6k $4.2m $4.2m 0.47% New
89 Evercore Wealth Management, LLC 0.08% of their portfolio New York, NY 27,59727.6k $4.1m $4.1m 0.08% Reduced -1.8k -1,774
90 ArchPoint Investors 1.54% of their portfolio CORAL GABLES, FL 27,33327.3k $4.0m $4.0m 1.54% Unchanged
91 Marketfield Asset Management LLC 3.29% of their portfolio New York, NY 26,23826.2k $3.9m $3.9m 3.29% Unchanged
92 THEORY FINANCIAL LLC 2.06% of their portfolio FORT COLLINS, CO 23,69223.7k $3.5m $3.5m 2.06% Reduced -4.2k -4,189
93 ACIMA PRIVATE WEALTH, LLC 1.55% of their portfolio RICHMOND, VA 23,52523.5k $3.5m $3.5m 1.55% Reduced -3.3k -3,334
94 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 22,83622.8k $3.4m $3.4m 0.04% Reduced -4.1k -4,085
95 ONE PLUS ONE WEALTH MANAGEMENT, LLC 2.15% of their portfolio JUPITER, FL 22,32522.3k $3.3m $3.3m 2.15% Reduced -293 -293
96 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 22,32422.3k $3.3m $3.3m 0.01% Added +294 +294
97 TWO SIGMA SECURITIES, LLC 0.15% of their portfolio NEW YORK, NY 22,29622.3k $3.3m $3.3m 0.15% Added +18.4k +18,411
98 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.04% of their portfolio Madrid, U3 22,21822.2k $3.3m $3.3m 0.04% Reduced -4.3k -4,337
99 Black Swift Group, LLC 1.03% of their portfolio BOULDER, CO 21,29521.3k $3.1m $3.1m 1.03% New
100 Stamos Capital Partners, L.P. 0.67% of their portfolio Menlo Park, CA 20,36020.4k $3.0m $3.0m 0.67% Reduced -4.3k -4,290