Vault-13

SPDR SER TR XOP

S&P OILGAS EXP · ETP · CUSIP 78468R556

383 institutional holders +16 vs Q3 2024
20,376,92820.4m shares reported held*
$2.7bnreported value*
61 new 90 added 131 reduced 57 sold out net sold ≈ $699.0m (-5.3m 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 ($8.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $132.31. Options: 36 managers hold calls ($1.5bn notional), 34 hold puts ($2.3bn).

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 355Q4 22: 380Q1 23: 364Q2 23: 346Q3 23: 389Q4 23: 393Q1 24: 388Q2 24: 395Q3 24: 367Q4 24: 383383Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022355
Q4 2022380
Q1 2023364
Q2 2023346
Q3 2023389
Q4 2023393
Q1 2024388
Q2 2024395
Q3 2024367
Q4 2024383

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 23: 140 bought or addedQ1 23: 194 cut or sold outQ2 23: 136 bought or addedQ2 23: 167 cut or sold outQ2 23Q3 23: 207 bought or addedQ3 23: 130 cut or sold outQ4 23: 141 bought or addedQ4 23: 213 cut or sold outQ4 23Q1 24: 174 bought or addedQ1 24: 182 cut or sold outQ2 24: 169 bought or addedQ2 24: 168 cut or sold outQ2 24Q3 24: 150 bought or addedQ3 24: 190 cut or sold outQ4 24: 151 bought or addedQ4 24: 188 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023140194
Q2 2023136167
Q3 2023207130
Q4 2023141213
Q1 2024174182
Q2 2024169168
Q3 2024150190
Q4 2024151188

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bnQ1 24 calls: $1.6bnQ1 24 puts: $2.1bnQ1 24P/C 1.27Q2 24 calls: $1.2bnQ2 24 puts: $1.6bnQ2 24P/C 1.34Q3 24 calls: $1.6bnQ3 24 puts: $2.9bnQ3 24P/C 1.78Q4 24 calls: $1.5bnQ4 24 puts: $2.3bnQ4 24P/C 1.54
Numbers
QuarterCallsPutsP/C
Q1 2024$1.6bn$2.1bn1.27
Q2 2024$1.2bn$1.6bn1.34
Q3 2024$1.6bn$2.9bn1.78
Q4 2024$1.5bn$2.3bn1.54

Biggest buyers

HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Added +657,000+657.0k
DISCOVERY CAPITAL MANAGEMENT, LLC / CT Added +531,800+531.8k
UBS Group AG Added +523,985+524.0k
CITADEL ADVISORS LLC Added +252,520+252.5k
CAPITAL FUND MANAGEMENT S.A. Added +120,439+120.4k
MILLENNIUM MANAGEMENT LLC Added +89,213+89.2k
SPX Gestao de Recursos Ltda New +65,970+66.0k
EHP Funds Inc. New +47,000+47.0k
Verition Fund Management LLC New +44,166+44.2k
Thomist Capital Management, LP New +37,464+37.5k

Biggest sellers

JPMORGAN CHASE & CO Reduced -1,392,661-1.4m
59 North Capital Management, LP Sold out -967,799-967.8k
CITIGROUP INC Reduced -561,436-561.4k
BARCLAYS PLC Reduced -464,603-464.6k
MORGAN STANLEY Reduced -406,621-406.6k
PRICE T ROWE ASSOCIATES INC /MD/ Sold out -404,756-404.8k
Phoenix Financial Ltd. Reduced -357,402-357.4k
TORONTO DOMINION BANK Reduced -345,740-345.7k
Alaska Permanent Fund Corp Reduced -343,112-343.1k
BANK OF AMERICA CORP /DE/ Reduced -323,678-323.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $393.2m3.0m shares
MILLENNIUM MANAGEMENT LLC Reduced $172.0m1.3m shares
CITADEL ADVISORS LLC Reduced $171.6m1.3m shares
JANE STREET GROUP, LLC Added $107.0m808.6k shares
BANK OF AMERICA CORP /DE/ Reduced $92.7m700.2k shares
SoftVest Advisors, LLC Unchanged $59.6m450.0k shares
GOLDMAN SACHS GROUP INC Added $56.6m427.7k shares
Balyasny Asset Management L.P. Reduced $54.4m411.2k shares
CAPSTONE INVESTMENT ADVISORS, LLC New $54.0m408.1k shares
NOMURA HOLDINGS INC Added $45.7m345.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $469.5m3.5m shares
SoftVest Advisors, LLC Added $234.3m1.8m shares
CITADEL ADVISORS LLC Reduced $227.5m1.7m shares
MILLENNIUM MANAGEMENT LLC Reduced $209.3m1.6m shares
JANE STREET GROUP, LLC Added $166.1m1.3m shares
UBS Group AG Reduced $87.7m662.7k shares
GOLDMAN SACHS GROUP INC Added $85.7m647.7k shares
WHITEBOX ADVISORS LLC Unchanged $72.8m550.0k shares
BANK OF AMERICA CORP /DE/ Reduced $67.8m512.4k shares
Balyasny Asset Management L.P. Reduced $66.5m502.7k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GOLDMAN SACHS GROUP INC 0.10% of their portfolio NEW YORK, NY 3,817,5833.8m $505.3m $505.3m 0.10% Reduced -61.1k -61,126
2 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.73% of their portfolio TORONTO, A6 2,577,0002.6m $341.1m $341.1m 0.73% Added +657.0k +657,000
3 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,495,4281.5m $197.9m $197.9m 0.01% Reduced -406.6k -406,621
4 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,126,7701.1m $149.2m $149.2m 0.03% Added +524.0k +523,985
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,120,0901.1m $148.3m $148.3m 0.01% Reduced -323.7k -323,678
6 CITADEL ADVISORS LLC 0.10% of their portfolio MIAMI, FL 830,762830.8k $110.0m $110.0m 0.10% Added +252.5k +252,520
7 BARCLAYS PLC 0.05% of their portfolio LONDON, X0 802,825802.8k $106.3m $106.3m 0.05% Reduced -464.6k -464,603
8 MIRAE ASSET SECURITIES (USA) INC. 4.02% of their portfolio NEW YORK, NY 650,000650.0k $86.0m $86.0m 4.02% Unchanged
9 CITIGROUP INC 0.08% of their portfolio NEW YORK, NY 648,447648.4k $85.8m $85.8m 0.08% Reduced -561.4k -561,436
10 DISCOVERY CAPITAL MANAGEMENT, LLC / CT 5.17% of their portfolio SOUTH NORWALK, CT 573,000573.0k $75.8m $75.8m 5.17% Added +531.8k +531,800
11 BESSEMER GROUP INC 0.11% of their portfolio WOODBRIDGE, NJ 499,702499.7k $66.1m $66.1m 0.11% Reduced -153.4k -153,402
12 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.08% of their portfolio BALA CYNWYD, PA 392,336392.3k $51.9m $51.9m 0.08% Reduced -11.5k -11,482
13 Vanderbilt University 9.16% of their portfolio NASHVILLE, TN 352,878352.9k $46.7m $46.7m 9.16% Added +2.2k +2,205
14 Phoenix Financial Ltd. 0.52% of their portfolio Givatayim, L3 288,993289.0k $38.3m $38.3m 0.52% Reduced -357.4k -357,402
15 EP Wealth Advisors, LLC 0.30% of their portfolio TORRANCE, CA 280,084280.1k $37.1m $37.1m 0.30% Reduced -1.6k -1,593
16 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 268,929268.9k $35.6m $35.6m 0.01% Reduced -17.6k -17,568
17 CAPITAL FUND MANAGEMENT S.A. 0.31% of their portfolio PARIS, I0 233,411233.4k $30.9m $30.9m 0.31% Added +120.4k +120,439
18 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 203,466203.5k $26.9m $26.9m 0.01% Reduced -32.5k -32,512
19 OAKWORTH CAPITAL, INC. 1.76% of their portfolio BIRMINGHAM, AL 193,306193.3k $25.6m $25.6m 1.76% Reduced -1.3k -1,296
20 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 133,721133.7k $18.4m $18.4m 0.04% Reduced -5.5k -5,548
21 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 130,418130.4k $17.3m $17.3m 0.00% Reduced -257.9k -257,875
22 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 129,858129.9k $17.2m $17.2m 0.04% Reduced -72.0k -71,980
23 Jefferies Financial Group Inc. 0.18% of their portfolio NEW YORK, NY 122,048122.0k $16.2m $16.2m 0.18% Added +13.5k +13,507
24 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 111,625111.6k $14.8m $14.8m 0.01% Added +89.2k +89,213
25 Squarepoint Ops LLC 0.03% of their portfolio NEW YORK, NY 89,71289.7k $11.9m $11.9m 0.03% Reduced -204.9k -204,950
26 Condire Management, LP 1.62% of their portfolio DALLAS, TX 84,69384.7k $11.2m $11.2m 1.62% Reduced -55.3k -55,307
27 Eisler Capital Management Ltd. 0.37% of their portfolio LONDON, X0 82,51782.5k $11.1m $11.1m 0.37% First filing
28 CONNABLE OFFICE INC 1.03% of their portfolio KALAMAZOO, MI 75,17875.2k $10.0m $10.0m 1.03% Reduced -43.0k -42,976
29 Claar Advisors LLC 3.16% of their portfolio NEW YORK, NY 73,81073.8k $9.8m $9.8m 3.16% Unchanged
30 SPX Gestao de Recursos Ltda 1.32% of their portfolio RIO DE JANEIRO, D5 65,97066.0k $8.7m $8.7m 1.32% New
31 Insight Wealth Strategies, LLC 1.13% of their portfolio SAN RAMON, CA 63,90463.9k $8.5m $8.5m 1.13% Added +1.6k +1,578
32 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 58,88058.9k $7.8m $7.8m 0.03% Added +15.7k +15,683
33 SATOVSKY ASSET MANAGEMENT LLC 1.75% of their portfolio NEW YORK, NY 57,70257.7k $7.6m $7.6m 1.75% Reduced -116 -116
34 VALLEY WEALTH MANAGERS, INC. 0.56% of their portfolio PARAMUS, NJ 56,85156.9k $7.5m $7.5m 0.56% Added +23.2k +23,231
35 Southeast Asset Advisors, LLC 0.88% of their portfolio THOMASVILLE, GA 54,19054.2k $7.2m $7.2m 0.88% Unchanged
36 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 52,10552.1k $6.9m $6.9m 0.00% First filing
37 DRW Securities, LLC 0.45% of their portfolio CHICAGO, IL 50,61450.6k $6.7m $6.7m 0.45% Added +28.1k +28,138
38 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 48,40548.4k $6.4m $6.4m 0.00% Reduced -33.3k -33,298
39 EHP Funds Inc. 6.42% of their portfolio TORONTO, Z4 47,00047.0k $6.2m $6.2m 6.42% New
40 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 45,87545.9k $6.1m $6.1m 0.00% Reduced -1.4m -1,392,661
41 Walleye Capital LLC 0.06% of their portfolio NEW YORK, NY 45,15045.1k $6.0m $6.0m 0.06% Reduced -4.8k -4,773
42 TWIN FOCUS CAPITAL PARTNERS, LLC 0.87% of their portfolio Boston, MA 44,28344.3k $5.9m $5.9m 0.87% Reduced -11.2k -11,185
43 Verition Fund Management LLC 0.03% of their portfolio GREENWICH, CT 44,16644.2k $5.8m $5.8m 0.03% New
44 Modus Advisors, LLC 1.83% of their portfolio EXCELSIOR, MN 44,14244.1k $5.8m $5.8m 1.83% Reduced -998 -998
45 Madrid Financial Services 4.60% of their portfolio MANHATTAN BEACH, CA 43,78543.8k $5.8m $5.8m 4.60% First filing
46 Frisch Financial Group, Inc. 1.69% of their portfolio MELVILLE, NY 42,16442.2k $5.6m $5.6m 1.69% Reduced -438 -438
47 EARNEST PARTNERS LLC 0.02% of their portfolio ATLANTA, GA 40,09440.1k $5.3m $5.3m 0.02% Unchanged
48 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 39,50039.5k $5.2m $5.2m 0.01% Added +28.0k +28,000
49 Thomist Capital Management, LP 1.58% of their portfolio Houston, TX 37,46437.5k $4.9m $4.9m 1.58% New
50 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 37,18137.2k $4.9m $4.9m 0.01% Reduced -7.8k -7,820
51 Allianz SE 0.12% of their portfolio Munich, 2M 36,22536.2k $4.7m $4.7m 0.12% Added +100 +100
52 GENDELL JEFFREY L 0.14% of their portfolio Greenwich, CT 34,03334.0k $4.5m $4.5m 0.14% Added +4.0k +4,033
53 Skylands Capital, LLC 0.60% of their portfolio Milwaukee, WI 32,42532.4k $4.3m $4.3m 0.60% Added +3.3k +3,300
54 Krilogy Financial LLC 0.28% of their portfolio ST. LOUIS, MO 32,17432.2k $4.3m $4.3m 0.28% New
55 Guild Investment Management, Inc. 4.60% of their portfolio WESTLAKE VILLAGE, CA 31,90031.9k $4.2m $4.2m 4.60% New
56 Ashton Thomas Private Wealth, LLC 0.16% of their portfolio SCOTTSDALE, AZ 31,01531.0k $4.1m $4.1m 0.16% New
57 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 29,93429.9k $4.0m $4.0m 0.01% Added +152 +152
58 Tower Research Capital LLC (TRC) 0.07% of their portfolio NEW YORK, NY 28,43828.4k $3.8m $3.8m 0.07% Reduced -7.9k -7,937
59 Lombard Odier Asset Management (USA) Corp 1.32% of their portfolio New York, NY 26,00026.0k $3.4m $3.4m 1.32% Reduced -2.0k -2,000
60 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 25,67125.7k $3.4m $3.4m 0.01% Reduced -15.6k -15,610
61 SANDERS MORRIS HARRIS LLC 0.50% of their portfolio Houston, TX 25,29625.3k $3.3m $3.3m 0.50% New
62 ArchPoint Investors 1.08% of their portfolio CORAL GABLES, FL 24,93324.9k $3.3m $3.3m 1.08% Unchanged
63 Lake Hills Wealth Management, LLC 2.23% of their portfolio AUSTIN, TX 24,62124.6k $3.3m $3.3m 2.23% Added +2.1k +2,055
64 Brevan Howard Capital Management LP 0.08% of their portfolio ST. HELIER, Y9 24,53924.5k $3.2m $3.2m 0.08% Added +4.5k +4,502
65 Cadence Wealth Management LLC 2.11% of their portfolio WESTBOROUGH, MA 24,04624.0k $3.2m $3.2m 2.11% Added +1.2k +1,180
66 ONE PLUS ONE WEALTH MANAGEMENT, LLC 1.74% of their portfolio JUPITER, FL 22,38122.4k $3.0m $3.0m 1.74% Reduced -516 -516
67 CAXTON ASSOCIATES LP 0.09% of their portfolio NEW YORK, NY 22,00022.0k $2.9m $2.9m 0.09% New
68 ExodusPoint Capital Management, LP 0.03% of their portfolio NEW YORK, NY 21,68021.7k $2.9m $2.9m 0.03% Reduced -36.8k -36,800
69 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 21,28621.3k $829.3k $829.3k 0.00% Reduced -2.1k -2,109
70 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 21,18521.2k $2.8m $2.8m 0.01% Reduced -345.7k -345,740
71 TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio STAMFORD, CT 20,81620.8k $2.8m $2.8m 0.03% Added +10.6k +10,566
72 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 20,81220.8k $2.8m $2.8m 0.00% Reduced -30.0k -29,956
73 Composition Wealth, LLC 0.06% of their portfolio LOS ANGELES, CA 20,59020.6k $2.7m $2.7m 0.06% Reduced -2.0k -1,977
74 Atom Investors LP 0.33% of their portfolio AUSTIN, TX 20,33520.3k $2.7m $2.7m 0.33% Added +10.1k +10,140
75 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 20,09920.1k $2.7m $2.7m 0.01% Added +9.0k +8,960
76 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 19,80019.8k $2.6m $2.6m 0.00% Added +14.2k +14,200
77 AMICA MUTUAL INSURANCE CO 0.27% of their portfolio PROVIDENCE, RI 19,60619.6k $2.6m $2.6m 0.27% Unchanged
78 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 19,38819.4k $2.6m $2.6m 0.00% Added +4.9k +4,891
79 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 18,87218.9k $2.5m $2.5m 0.00% Added +15.0k +14,966
80 ARS Investment Partners, LLC 0.22% of their portfolio New York, NY 18,67718.7k $2.5m $2.5m 0.22% Added +19 +19
81 Itau Unibanco Holding S.A. 0.08% of their portfolio SAO PAULO, D5 18,60018.6k $2.4m $2.4m 0.08% Reduced -131.9k -131,900
82 Pettinga Financial Advisors LLC 0.55% of their portfolio EVANSVILLE, IN 18,50718.5k $2.4m $2.4m 0.55% Reduced -2.1k -2,124
83 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 18,46918.5k $2.4m $2.4m 0.00% Reduced -2.9k -2,898
84 CWM, LLC 0.01% of their portfolio OMAHA, NE 18,11818.1k $2.4m $2.4m 0.01% Added +5.7k +5,725
85 ACIMA PRIVATE WEALTH, LLC 0.80% of their portfolio RICHMOND, VA 17,94417.9k $2.4m $2.4m 0.80% Unchanged
86 Twin Tree Management, LP 0.06% of their portfolio DALLAS, TX 17,83617.8k $2.4m $2.4m 0.06% Reduced -37.9k -37,904
87 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 17,52917.5k $2.3m $2.3m 0.01% Added +2.5k +2,492
88 Stamos Capital Partners, L.P. 0.54% of their portfolio Menlo Park, CA 17,46017.5k $2.3m $2.3m 0.54% Added +30 +30
89 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 17,25417.3k $2.3m $2.3m 0.00% Reduced -1.7k -1,686
90 Brookstone Capital Management 0.03% of their portfolio WHEATON, IL 15,88715.9k $2.1m $2.1m 0.03% Reduced -1.3k -1,261
91 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 15,86015.9k $2.1m $2.1m 0.01% Reduced -93 -93
92 U.S. Capital Wealth Advisors, LLC 0.06% of their portfolio AUSTIN, TX 15,82215.8k $2.1m $2.1m 0.06% Added +12.2k +12,152
93 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 15,42915.4k $2.0m $2.0m 0.01% Reduced -15.4k -15,441
94 Sierra Capital LLC 0.24% of their portfolio MIAMI, FL 15,11815.1k $2.0m $2.0m 0.24% Unchanged
95 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 15,02015.0k $2.0m $2.0m 0.00% Reduced -3.8k -3,762
96 Evercore Wealth Management, LLC 0.03% of their portfolio New York, NY 14,73514.7k $2.0m $2.0m 0.03% Reduced -1.3k -1,283
97 Alaska Permanent Fund Corp 0.03% of their portfolio JUNEAU, AK 14,44414.4k $1.9m $1.9m 0.03% Reduced -343.1k -343,112
98 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 14,43314.4k $1.9m $1.9m 0.00% Added +7.6k +7,592
99 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 13,98114.0k $1.9m $1.9m 0.02% Added +245 +245
100 SHELTON WEALTH MANAGEMENT, LLC 1.00% of their portfolio FORT WORTH, TX 13,74313.7k $1.8m $1.8m 1.00% Reduced -3.1k -3,102