Vault-13

SPDR SER TR XOP

S&P OILGAS EXP · ETP · CUSIP 78468R556

393 institutional holders +4 vs Q3 2023
28,024,47528.0m shares reported held*
$3.9bnreported value*
57 new 84 added 139 reduced 74 sold out net bought ≈ $370.9m (+2.7m 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 ($471.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $138.04. Options: 26 managers hold calls ($1.1bn notional), 33 hold puts ($2.1bn).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 355Q4 22: 380Q1 23: 364Q2 23: 346Q3 23: 389Q4 23: 393393Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022355
Q4 2022380
Q1 2023364
Q2 2023346
Q3 2023389
Q4 2023393

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 23Q4 23: 141 bought or addedQ4 23: 213 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022177157
Q1 2023140194
Q2 2023136167
Q3 2023207130
Q4 2023141213

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bnQ1 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 1.75Q4 23 calls: $1.1bnQ4 23 puts: $2.1bnQ4 23P/C 1.91
Numbers
QuarterCallsPutsP/C
Q1 2023$1.3bn$2.3bn1.78
Q2 2023$1.1bn$1.8bn1.71
Q3 2023$1.6bn$2.8bn1.75
Q4 2023$1.1bn$2.1bn1.91

Biggest buyers

GOLDMAN SACHS GROUP INC Added +2,125,650+2.1m
Phoenix Financial Ltd. Added +1,795,528+1.8m
JPMORGAN CHASE & CO Added +1,346,474+1.3m
MORGAN STANLEY Added +1,127,755+1.1m
TWO SIGMA INVESTMENTS, LP New +759,624+759.6k
UBS Group AG Added +274,468+274.5k
CITIGROUP INC Added +258,057+258.1k
Quantitative Investment Management, LLC New +203,088+203.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +114,056+114.1k
ROYAL BANK OF CANADA Added +95,872+95.9k

Biggest sellers

TORONTO DOMINION BANK Reduced -1,047,856-1.0m
BANK OF AMERICA CORP /DE/ Reduced -913,563-913.6k
BARCLAYS PLC Reduced -754,818-754.8k
MENORA MIVTACHIM HOLDINGS LTD. Reduced -453,000-453.0k
MOORE CAPITAL MANAGEMENT, LP Sold out -260,000-260.0k
Johns Hopkins University Reduced -237,033-237.0k
Blackstone Inc. Sold out -235,000-235.0k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -214,642-214.6k
Twin Tree Management, LP Reduced -202,165-202.2k
Balyasny Asset Management L.P. Reduced -196,105-196.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $316.0m2.3m shares
CITADEL ADVISORS LLC Added $235.4m1.7m shares
MILLENNIUM MANAGEMENT LLC Reduced $88.5m646.6k shares
BANK OF AMERICA CORP /DE/ Added $64.7m472.5k shares
CAPITAL FUND MANAGEMENT S.A. Added $51.3m375.0k shares
WELLS FARGO & COMPANY/MN Added $43.8m320.0k shares
Squarepoint Ops LLC Added $38.9m284.2k shares
PEAK6 Investments LLC Added $34.7m253.8k shares
WOLVERINE TRADING, LLC Added $34.5m251.7k shares
Walleye Trading LLC Reduced $34.1m249.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $548.1m4.0m shares
CITADEL ADVISORS LLC Reduced $227.5m1.7m shares
ROYAL BANK OF CANADA Reduced $222.7m1.6m shares
BARCLAYS PLC New $168.7m1.2m shares
OAKTREE CAPITAL MANAGEMENT LP Unchanged $163.6m1.2m shares
BANK OF AMERICA CORP /DE/ Reduced $142.3m1.0m shares
MILLENNIUM MANAGEMENT LLC Added $138.7m1.0m shares
GOLDMAN SACHS GROUP INC Added $117.6m859.0k shares
Balyasny Asset Management L.P. Added $54.4m397.7k shares
WOLVERINE TRADING, LLC Reduced $53.0m387.2k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GOLDMAN SACHS GROUP INC 0.16% of their portfolio NEW YORK, NY 5,322,5575.3m $728.7m $728.7m 0.16% Added +2.1m +2,125,650
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 2,870,9802.9m $393.1m $393.1m 0.02% Added +1.1m +1,127,755
3 Phoenix Financial Ltd. 4.66% of their portfolio Givatayim, L3 1,830,3801.8m $282.0m $282.0m 4.66% Added +1.8m +1,795,528
4 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,733,7121.7m $237.4m $237.4m 0.01% Added +1.3m +1,346,474
5 CITIGROUP INC 0.22% of their portfolio NEW YORK, NY 1,233,6441.2m $168.9m $168.9m 0.22% Added +258.1k +258,057
6 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 1,059,0711.1m $145.0m $145.0m 0.02% Reduced -913.6k -913,563
7 UBS Group AG 0.04% of their portfolio ZURICH, V8 805,999806.0k $110.3m $110.3m 0.04% Added +274.5k +274,468
8 BARCLAYS PLC 0.06% of their portfolio LONDON, X0 780,168780.2k $106.8m $106.8m 0.06% Reduced -754.8k -754,818
9 TWO SIGMA INVESTMENTS, LP 0.25% of their portfolio NEW YORK, NY 759,624759.6k $104.0m $104.0m 0.25% New
10 BESSEMER GROUP INC 0.17% of their portfolio WOODBRIDGE, NJ 652,303652.3k $89.3m $89.3m 0.17% Unchanged
11 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 573,808573.8k $78.6m $78.6m 0.05% Added +70.9k +70,892
12 59 North Capital Management, LP 5.52% of their portfolio Houston, TX 500,134500.1k $68.5m $68.5m 5.52% Reduced -45.4k -45,437
13 MENORA MIVTACHIM HOLDINGS LTD. 0.58% of their portfolio Ramat Gan, L3 500,000500.0k $68.5m $68.5m 0.58% Reduced -453.0k -453,000
14 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.24% of their portfolio TORONTO, A6 500,000500.0k $68.5m $68.5m 0.24% Unchanged
15 Johns Hopkins University 2.62% of their portfolio BALTIMORE, MD 454,399454.4k $62.2m $62.2m 2.62% Reduced -237.0k -237,033
16 Candlestick Capital Management LP 1.76% of their portfolio GREENWICH, CT 400,000400.0k $54.8m $54.8m 1.76% Reduced -25.0k -25,000
17 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 367,785367.8k $50.4m $50.4m 0.01% Added +1.4k +1,431
18 Vanderbilt University 11.80% of their portfolio NASHVILLE, TN 344,786344.8k $47.2m $47.2m 11.80% Added +2.5k +2,530
19 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.30% of their portfolio NEW YORK, NY 312,380312.4k $42.8m $42.8m 0.30% Added +3.1k +3,075
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.07% of their portfolio BALA CYNWYD, PA 293,884293.9k $40.2m $40.2m 0.07% Added +114.1k +114,056
21 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 265,118265.1k $36.3m $36.3m 0.01% Added +95.9k +95,872
22 Thrivent Financial for Lutherans 0.08% of their portfolio Minneapolis, MN 259,574259.6k $35.5m $35.5m 0.08% Reduced -8.3k -8,280
23 MACKENZIE FINANCIAL CORP 0.05% of their portfolio TORONTO ONTARIO, A6 230,051230.1k $31.5m $31.5m 0.05% Reduced -21.6k -21,633
24 TORONTO DOMINION BANK 0.04% of their portfolio TORONTO, ONTARIO, A6 217,240217.2k $29.7m $29.7m 0.04% Reduced -1.0m -1,047,856
25 CAPITAL FUND MANAGEMENT S.A. 0.37% of their portfolio PARIS, I0 214,770214.8k $29.4m $29.4m 0.37% Reduced -38.9k -38,948
26 Quantitative Investment Management, LLC 1.60% of their portfolio CHARLOTTESVILLE, VA 203,088203.1k $27.8m $27.8m 1.60% New
27 Cetera Advisor Networks LLC 0.15% of their portfolio EL SEGUNDO, CA 199,925199.9k $27.4m $27.4m 0.15% Added +33.1k +33,142
28 OAKWORTH CAPITAL, INC. 2.09% of their portfolio BIRMINGHAM, AL 190,017190.0k $26.0m $26.0m 2.09% Reduced -4.6k -4,590
29 Squarepoint Ops LLC 0.10% of their portfolio NEW YORK, NY 186,866186.9k $25.6m $25.6m 0.10% Added +58.9k +58,902
30 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 154,285154.3k $21.1m $21.1m 0.01% Reduced -36.0k -35,983
31 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 147,550147.6k $20.2m $20.2m 0.03% Added +12.1k +12,085
32 CW Advisors, LLC 0.32% of their portfolio BOSTON, MA 126,035126.0k $17.3m $17.3m 0.32% Reduced -418 -418
33 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 124,167124.2k $17.0m $17.0m 0.02% Reduced -73.0k -73,037
34 CREDIT SUISSE AG/ 0.02% of their portfolio ZURICH, V8 122,746122.7k $16.8m $16.8m 0.02% Added +53.2k +53,175
35 Sculptor Capital LP 0.41% of their portfolio New York, NY 118,500118.5k $16.2m $16.2m 0.41% Added +43.5k +43,500
36 CONNABLE OFFICE INC 1.72% of their portfolio KALAMAZOO, MI 103,635103.6k $14.2m $14.2m 1.72% Reduced -1.1k -1,070
37 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 96,04096.0k $13.1m $13.1m 0.00% Added +46.4k +46,430
38 DFPG INVESTMENTS, LLC 1.03% of their portfolio SANDY, UT 94,97095.0k $13.2m $13.2m 1.03% Reduced -1.4k -1,358
39 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 78,96179.0k $10.8m $10.8m 0.00% Reduced -62.1k -62,119
40 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 77,16777.2k $10.6m $10.6m 0.02% Reduced -23.9k -23,949
41 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 74,51074.5k $10.2m $10.2m 0.01% Added +28.3k +28,260
42 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 71,08071.1k $9.7m $9.7m 0.03% Reduced -678 -678
43 ELEMENT POINTE ADVISORS, LLC 2.75% of their portfolio MIAMI, FL 70,31670.3k $9.6m $9.6m 2.75% Reduced -11.3k -11,332
44 Claar Advisors LLC 3.31% of their portfolio NEW YORK, NY 68,15068.2k $9.3m $9.3m 3.31% Unchanged
45 WESTWOOD HOLDINGS GROUP INC 0.08% of their portfolio DALLAS, TX 67,72067.7k $9.3m $9.3m 0.08% New
46 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 67,18167.2k $9.2m $9.2m 0.01% Reduced -515 -515
47 Venture Visionary Partners LLC 0.49% of their portfolio Sylvania, OH 67,05667.1k $9.2m $9.2m 0.49% Reduced -3.9k -3,893
48 HITE Hedge Asset Management LLC 0.91% of their portfolio BRAINTREE, MA 62,99763.0k $8.6m $8.6m 0.91% Added +43.0k +42,997
49 Condire Management, LP 1.26% of their portfolio DALLAS, TX 60,00060.0k $8.2m $8.2m 1.26% New
50 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 59,77359.8k $8.2m $8.2m 0.01% Reduced -5.4k -5,394
51 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 57,26157.3k $8.1m $8.1m 0.00% Reduced -92.6k -92,561
52 SATOVSKY ASSET MANAGEMENT LLC 2.42% of their portfolio NEW YORK, NY 56,83356.8k $7.8m $7.8m 2.42% Reduced -286 -286
53 MERITAGE PORTFOLIO MANAGEMENT 0.49% of their portfolio OVERLAND PARK, KS 54,33454.3k $7.4m $7.4m 0.49% New
54 Southeast Asset Advisors, LLC 0.96% of their portfolio THOMASVILLE, GA 53,14053.1k $7.3m $7.3m 0.96% Unchanged
55 Walleye Trading LLC 0.11% of their portfolio NEW YORK, NY 51,99452.0k $7.1m $7.1m 0.11% New
56 Composition Wealth, LLC 0.19% of their portfolio LOS ANGELES, CA 51,03451.0k $7.0m $7.0m 0.19% Reduced -24.9k -24,851
57 Insight Wealth Strategies, LLC 1.06% of their portfolio SAN RAMON, CA 47,90647.9k $6.6m $6.6m 1.06% New
58 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 45,70845.7k $6.3m $6.3m 0.01% Reduced -5.3k -5,340
59 Modus Advisors, LLC 2.53% of their portfolio EXCELSIOR, MN 45,53445.5k $6.2m $6.2m 2.53% Reduced -802 -802
60 United Asset Strategies, Inc. 0.70% of their portfolio GARDEN CITY, NY 45,33045.3k $6.2m $6.2m 0.70% Reduced -2.6k -2,584
61 Alaska Permanent Fund Corp 0.10% of their portfolio JUNEAU, AK 44,48544.5k $6.1m $6.1m 0.10% Unchanged
62 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 42,17542.2k $5.8m $5.8m 0.02% New
63 TWIN FOCUS CAPITAL PARTNERS, LLC 1.17% of their portfolio Boston, MA 41,91341.9k $5.7m $5.7m 1.17% Reduced -2.1k -2,108
64 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 40,35440.4k $5.5m $5.5m 0.01% Added +8.7k +8,669
65 EARNEST PARTNERS LLC 0.03% of their portfolio ATLANTA, GA 40,09440.1k $5.5m $5.5m 0.03% Unchanged
66 Davidson Kempner Capital Management LP 0.10% of their portfolio New York, NY 40,00040.0k $5.5m $5.5m 0.10% Not comparable
67 BlackBarn Capital Partners LP 3.62% of their portfolio NEW YORK, NY 40,00040.0k $5.5m $5.5m 3.62% First filing
68 VALLEY WEALTH MANAGERS, INC. 0.43% of their portfolio PARAMUS, NJ 39,84739.8k $5.5m $5.5m 0.43% Added +390 +390
69 WESPAC Advisors SoCal, LLC 1.54% of their portfolio Pasadena, CA 38,68138.7k $5.3m $5.3m 1.54% New
70 RFG Holdings, Inc. 2.69% of their portfolio Argyle, TX 38,58538.6k $5.3m $5.3m 2.69% Reduced -2.0k -1,956
71 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 37,76037.8k $5.2m $5.2m 0.01% Added +35.0k +35,021
72 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.06% of their portfolio Madrid, U3 36,63236.6k $5.0m $5.0m 0.06% Added +14.4k +14,414
73 Banque Cantonale Vaudoise 0.20% of their portfolio LAUSANNE, V8 34,18734.2k $4.7m $4.7m 0.20% Reduced -24 -24
74 GTS SECURITIES LLC 0.09% of their portfolio NEW YORK, NY 30,75830.8k $4.2m $4.2m 0.09% Reduced -449 -449
75 HRT FINANCIAL LP 0.03% of their portfolio NEW YORK, NY 30,64930.6k $4.2m $4.2m 0.03% Reduced -2.3k -2,255
76 CONTINUUM WEALTH ADVISORS, LLC 2.70% of their portfolio SARATOGA SPRINGS, NY 30,44830.4k $4.2m $4.2m 2.70% Reduced -666 -666
77 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 29,39929.4k $4.0m $4.0m 0.03% Reduced -2.8k -2,781
78 Twin Tree Management, LP 0.07% of their portfolio DALLAS, TX 29,38629.4k $4.0m $4.0m 0.07% Reduced -202.2k -202,165
79 CAPSTONE INVESTMENT ADVISORS, LLC 0.07% of their portfolio NEW YORK, NY 29,17429.2k $4.0m $4.0m 0.07% Added +26.1k +26,114
80 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 28,61428.6k $3.9m $3.9m 0.00% Reduced -8.5k -8,515
81 Crestone Asset Management LLC 0.88% of their portfolio BOULDER, CO 28,60328.6k $3.9m $3.9m 0.88% Reduced -3.1k -3,096
82 CASTLEARK MANAGEMENT LLC 0.17% of their portfolio CHICAGO, IL 28,37028.4k $3.9m $3.9m 0.17% Reduced -132.0k -132,000
83 ArchPoint Investors 1.56% of their portfolio CORAL GABLES, FL 27,33327.3k $3.7m $3.7m 1.56% Unchanged
84 Brookstone Capital Management 0.07% of their portfolio WHEATON, IL 24,90124.9k $3.4m $3.4m 0.07% Reduced -6.0k -6,043
85 THEORY FINANCIAL LLC 1.80% of their portfolio FORT COLLINS, CO 24,64824.6k $3.4m $3.4m 1.80% Added +956 +956
86 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 24,46724.5k $3.3m $3.3m 0.01% Added +10.7k +10,697
87 BECK CAPITAL MANAGEMENT, LLC 1.15% of their portfolio AUSTIN, TX 24,42624.4k $3.3m $3.3m 1.15% Added +5.1k +5,147
88 CIBC WORLD MARKETS CORP 0.02% of their portfolio NEW YORK, NY 24,36824.4k $3.3m $3.3m 0.02% New
89 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 23,32223.3k $3.2m $3.2m 0.01% Added +998 +998
90 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 23,09823.1k $3.2m $3.2m 0.00% Reduced -214.6k -214,642
91 ONE PLUS ONE WEALTH MANAGEMENT, LLC 1.87% of their portfolio JUPITER, FL 22,41022.4k $3.1m $3.1m 1.87% Added +85 +85
92 SHELTON WEALTH MANAGEMENT, LLC 2.17% of their portfolio FORT WORTH, TX 22,30222.3k $3.1m $3.1m 2.17% Reduced -7.8k -7,841
93 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 19,79419.8k $2.7m $2.7m 0.01% Reduced -45.9k -45,882
94 Gladstone Institutional Advisory LLC 0.15% of their portfolio Bedminster, NJ 19,68319.7k $2.7m $2.7m 0.15% Added +6.7k +6,650
95 AMICA MUTUAL INSURANCE CO 0.29% of their portfolio PROVIDENCE, RI 19,60619.6k $2.7m $2.7m 0.29% New
96 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 19,60019.6k $2.7m $2.7m 0.01% New
97 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 18,96619.0k $2.5m $2.5m 0.02% Reduced -3.9k -3,870
98 LEVEL FOUR ADVISORY SERVICES, LLC 0.14% of their portfolio DALLAS, TX 18,85118.9k $2.6m $2.6m 0.14% Added +5.3k +5,295
99 Pettinga Financial Advisors LLC 0.68% of their portfolio EVANSVILLE, IN 18,54018.5k $2.5m $2.5m 0.68% Added +1.8k +1,827
100 Acorn Wealth Advisors, LLC 1.48% of their portfolio Grand Blanc, MI 18,29618.3k $2.5m $2.5m 1.48% Reduced -1.2k -1,156