Vault-13

SPDR SERIES TRUST SPHY

PORTFLI HIGH YLD · ETP · CUSIP 78468R606

324 institutional holders +17 vs Q1 2024
133,206,888133.2m shares reported held*
$3.1bnreported value*
39 new 186 added 61 reduced 25 sold out net bought ≈ $234.2m (+9.1m 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 ($1.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.40. Options: 7 managers hold calls ($337.9m notional), 0 hold puts (—).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 130Q4 22: 157Q1 23: 170Q2 23: 180Q3 23: 210Q4 23: 274Q1 24: 307Q2 24: 324324Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022130
Q4 2022157
Q1 2023170
Q2 2023180
Q3 2023210
Q4 2023274
Q1 2024307
Q2 2024324

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 102 bought or addedQ4 22: 50 cut or sold outQ4 22Q1 23: 111 bought or addedQ1 23: 58 cut or sold outQ2 23: 100 bought or addedQ2 23: 69 cut or sold outQ2 23Q3 23: 143 bought or addedQ3 23: 57 cut or sold outQ4 23: 180 bought or addedQ4 23: 84 cut or sold outQ4 23Q1 24: 193 bought or addedQ1 24: 110 cut or sold outQ2 24: 225 bought or addedQ2 24: 86 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202210250
Q1 202311158
Q2 202310069
Q3 202314357
Q4 202318084
Q1 2024193110
Q2 202422586

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ3 23 calls: $344.9mQ3 23 puts: $0Q3 23P/C 0.00Q4 23 calls: $658.9mQ4 23 puts: $0Q4 23P/C 0.00Q1 24 calls: $560.1mQ1 24 puts: $0Q1 24P/C 0.00Q2 24 calls: $337.9mQ2 24 puts: $0Q2 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2023$344.9m$00.00
Q4 2023$658.9m$00.00
Q1 2024$560.1m$00.00
Q2 2024$337.9m$00.00

Biggest buyers

TOEWS CORP /ADV New +2,280,100+2.3m
US BANCORP \DE\ Added +1,909,228+1.9m
COMERICA BANK Added +1,528,333+1.5m
Kensington Asset Management, LLC Added +1,422,700+1.4m
1832 Asset Management L.P. Added +1,128,491+1.1m
SageView Advisory Group, LLC New +954,121+954.1k
STATE STREET CORP Added +902,001+902.0k
Atlas Private Wealth Advisors Added +898,495+898.5k
RFG Holdings, Inc. New +860,975+861.0k
AMERICAN CENTURY COMPANIES INC Added +811,333+811.3k

Biggest sellers

MORGAN STANLEY Reduced -5,250,274-5.3m
NEUBERGER BERMAN GROUP LLC Reduced -2,259,337-2.3m
Jefferies Financial Group Inc. Reduced -864,383-864.4k
Municipal Employees' Retirement System of Michigan Reduced -765,967-766.0k
CWM, LLC Reduced -584,976-585.0k
NEPC LLC Reduced -435,155-435.2k
Allspring Global Investments Holdings, LLC Reduced -355,612-355.6k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sold out -306,000-306.0k
OSAIC HOLDINGS, INC. Reduced -225,719-225.7k
ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP Reduced -199,100-199.1k

Biggest calls

JANE STREET GROUP, LLC Reduced $104.3m716.7k shares
JPMORGAN CHASE & CO New $97.6m670.6k shares
IMC-Chicago, LLC Added $67.5m463.7k shares
Optiver Holding B.V. Reduced $47.4m325.9k shares
GARDA CAPITAL PARTNERS LP Reduced $18.3m125.8k shares
Maven Securities LTD New $2.9m20.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

None

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.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SEI INVESTMENTS CO 0.48% of their portfolio OAKS, PA 14,605,36014.6m $339.3m $339.3m 0.48% Added +428.1k +428,117
2 ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP 12.64% of their portfolio Altamonte Springs, FL 10,844,10010.8m $251.9m $251.9m 12.64% Reduced -199.1k -199,100
3 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 8,216,2038.2m $190.9m $190.9m 0.05% Added +191.9k +191,865
4 NEUBERGER BERMAN GROUP LLC 0.15% of their portfolio NEW YORK, NY 8,116,3018.1m $188.5m $188.5m 0.15% Reduced -2.3m -2,259,337
5 State of New Jersey Common Pension Fund D 0.63% of their portfolio TRENTON, NJ 6,216,8586.2m $144.4m $144.4m 0.63% Added +276.9k +276,858
6 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 5,791,1505.8m $134.6m $134.6m 0.04% Added +184.6k +184,617
7 US BANCORP \DE\ 0.12% of their portfolio MINNEAPOLIS, MN 3,859,1713.9m $89.6m $89.6m 0.12% Added +1.9m +1,909,228
8 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 3,782,1783.8m $87.9m $87.9m 0.04% Added +410.9k +410,924
9 Kensington Asset Management, LLC 9.47% of their portfolio AUSTIN, TX 3,779,1003.8m $87.8m $87.8m 9.47% Added +1.4m +1,422,700
10 Ocean Park Asset Management, LLC 3.94% of their portfolio SANTA MONICA, CA 3,574,4043.6m $83.0m $83.0m 3.94% Added +536.1k +536,100
11 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,475,7003.5m $80.7m $80.7m 0.01% Reduced -5.3m -5,250,274
12 1832 Asset Management L.P. 0.14% of their portfolio TORONTO, A6 3,372,9793.4m $78.4m $78.4m 0.14% Added +1.1m +1,128,491
13 Advisory Alpha, LLC 2.64% of their portfolio HOLLAND, MI 2,887,2022.9m $67.1m $67.1m 2.64% Added +71.2k +71,220
14 NEPC LLC 2.17% of their portfolio Boston, MA 2,833,7902.8m $65.8m $65.8m 2.17% Reduced -435.2k -435,155
15 TOEWS CORP /ADV 8.75% of their portfolio NORTHFIELD, NJ 2,280,1002.3m $53.0m $53.0m 8.75% New
16 Capital Analysts, LLC 1.92% of their portfolio FORT WASHINGTON, PA 1,874,3571.9m $43.5m $43.5m 1.92% Added +64.9k +64,859
17 Atlas Private Wealth Advisors 6.52% of their portfolio RED BANK, NJ 1,726,1401.7m $40.1m $40.1m 6.52% Added +898.5k +898,495
18 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,636,4751.6m $38.0m $38.0m 0.01% Added +324.9k +324,903
19 COMERICA BANK 0.15% of their portfolio DALLAS, TX 1,553,9691.6m $36.1m $36.1m 0.15% Added +1.5m +1,528,333
20 Donoghue Forlines LLC 9.88% of their portfolio Boston, MA 1,496,2421.5m $34.8m $34.8m 9.88% Added +172.3k +172,311
21 Municipal Employees' Retirement System of Michigan 0.48% of their portfolio LANSING, MI 1,475,7431.5m $34.3m $34.3m 0.48% Reduced -766.0k -765,967
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,367,4491.4m $31.8m $31.8m 0.00% Added +202.9k +202,851
23 Cetera Investment Advisers 0.07% of their portfolio SCHAUMBURG, IL 1,355,5331.4m $31.5m $31.5m 0.07% Added +323.9k +323,871
24 GREAT VALLEY ADVISOR GROUP, INC. 0.85% of their portfolio WILMINGTON, DE 1,301,4231.3m $30.2m $30.2m 0.85% Added +203.4k +203,402
25 BOKF, NA 0.50% of their portfolio TULSA, OK 1,188,6281.2m $27.6m $27.6m 0.50% Reduced -33.1k -33,086
26 CORNERSTONE ENTERPRISES, LLC 16.68% of their portfolio APPLETON, WI 1,081,1511.1m $25.1m $25.1m 16.68% Added +293.2k +293,206
27 Allspring Global Investments Holdings, LLC 0.04% of their portfolio CHARLOTTE, NC 990,302990.3k $23.0m $23.0m 0.04% Reduced -355.6k -355,612
28 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 982,001982.0k $22.8m $22.8m 0.00% Added +902.0k +902,001
29 SageView Advisory Group, LLC 1.03% of their portfolio Newport Beach, CA 954,121954.1k $22.2m $22.2m 1.03% New
30 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 951,010951.0k $22.1m $22.1m 0.01% Added +442.2k +442,191
31 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 928,578928.6k $21.6m $21.6m 0.01% Added +811.3k +811,333
32 RFG Holdings, Inc. 7.61% of their portfolio Argyle, TX 860,975861.0k $20.0m $20.0m 7.61% New
33 Kohmann Bosshard Financial Services, LLC 2.55% of their portfolio FAIRLAWN, OH 814,334814.3k $18.9m $18.9m 2.55% Added +43.9k +43,878
34 Willis Johnson & Associates, Inc. 1.51% of their portfolio Houston, TX 792,764792.8k $18.4m $18.4m 1.51% Added +24.2k +24,203
35 Syntegra Private Wealth Group, LLC 2.32% of their portfolio Chesterfield, MO 784,989785.0k $18.2m $18.2m 2.32% Added +16.5k +16,502
36 Bensler, LLC 2.33% of their portfolio Bellevue, WA 744,900744.9k $17.3m $17.3m 2.33% Added +128.9k +128,851
37 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 690,144690.1k $16.0m $16.0m 0.06% Added +28.7k +28,685
38 Diversify Advisory Services, LLC 0.87% of their portfolio SANDY, UT 682,103682.1k $15.9m $15.9m 0.87% Reduced -35.9k -35,934
39 One Capital Management, LLC 0.53% of their portfolio WESTLAKE VILLAGE, CA 668,117668.1k $15.5m $15.5m 0.53% Added +10.0k +9,996
40 Hilltop Partners LLC 5.65% of their portfolio MISHAWAKA, IN 659,735659.7k $15.3m $15.3m 5.65% Added +129.8k +129,795
41 ASSETMARK, INC 0.05% of their portfolio CONCORD, CA 632,676632.7k $14.7m $14.7m 0.05% Added +107.7k +107,697
42 BENJAMIN F. EDWARDS & COMPANY, INC. 0.26% of their portfolio ST. LOUIS, MO 631,339631.3k $14.7m $14.7m 0.26% Added +3.5k +3,490
43 Clearstead Advisors, LLC 0.25% of their portfolio CLEVELAND, OH 622,138622.1k $14.5m $14.5m 0.25% Added +620.6k +620,577
44 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 598,301598.3k $13.9m $13.9m 0.03% Reduced -225.7k -225,719
45 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 587,153587.2k $13.6m $13.6m 0.01% Added +40.0k +40,006
46 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 539,600539.6k $12.5m $12.5m 0.02% Added +179.7k +179,700
47 CWM, LLC 0.06% of their portfolio OMAHA, NE 503,065503.1k $11.7m $11.7m 0.06% Reduced -585.0k -584,976
48 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 469,226469.2k $10.9m $10.9m 0.02% Added +56.7k +56,745
49 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 454,114454.1k $10.5m $10.5m 0.04% Added +19.0k +19,003
50 NewSquare Capital LLC 0.85% of their portfolio NEWTOWN SQUARE, PA 426,741426.7k $9.9m $9.9m 0.85% Added +9.9k +9,942
51 DT Investment Partners, LLC 0.88% of their portfolio CHADDS FORD, PA 426,474426.5k $9.9m $9.9m 0.88% Added +345.7k +345,749
52 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 369,239369.2k $8.6m $8.6m 0.02% Reduced -55.2k -55,225
53 HORIZON FINANCIAL SERVICES, LLC 5.06% of their portfolio WINSTON SALEM, NC 344,594344.6k $8.0m $8.0m 5.06% Added +4.5k +4,535
54 Jefferies Financial Group Inc. 0.15% of their portfolio NEW YORK, NY 331,899331.9k $7.7m $7.7m 0.15% Reduced -864.4k -864,383
55 Asset Allocation & Management Company, LLC 4.85% of their portfolio CHICAGO, IL 315,900315.9k $7.3m $7.3m 4.85% Added +21.5k +21,500
56 HRT FINANCIAL LP 0.04% of their portfolio NEW YORK, NY 314,108314.1k $7.3m $7.3m 0.04% Added +304.2k +304,248
57 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 309,139309.1k $7.2m $7.2m 0.04% Added +290.7k +290,678
58 HART & PATTERSON FINANCIAL GROUP LLC 3.55% of their portfolio AMHERST, MA 308,400308.4k $7.2m $7.2m 3.55% Added +3.5k +3,550
59 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 296,617296.6k $6.9m $6.9m 0.00% Added +31.7k +31,724
60 5th Street Advisors, LLC 3.45% of their portfolio Southport, CT 284,249284.2k $6.6m $6.6m 3.45% Added +198.0k +197,977
61 Horizon Investment Services, LLC 3.09% of their portfolio HAMMOND, IN 282,121282.1k $6.6m $6.6m 3.09% Added +117.0k +117,024
62 Winthrop Capital Management, LLC 3.23% of their portfolio Carmel, IN 278,036278.0k $6.5m $6.5m 3.23% Added +2.6k +2,611
63 Farther Finance Advisors, LLC 0.30% of their portfolio SAN FRANCISCO, CA 272,219272.2k $6.3m $6.3m 0.30% Added +80.9k +80,943
64 Strategic Financial Planning, Inc. 4.37% of their portfolio PLANO, TX 261,034261.0k $6.1m $6.1m 4.37% Added +13.8k +13,786
65 GenTrust, LLC 0.33% of their portfolio MIAMI, FL 258,516258.5k $6.0m $6.0m 0.33% Added +41.5k +41,498
66 Equitable Holdings, Inc. 0.06% of their portfolio NEW YORK, NY 252,357252.4k $5.9m $5.9m 0.06% Reduced -1.6k -1,554
67 ProVise Management Group, LLC 0.50% of their portfolio CLEARWATER, FL 251,391251.4k $5.8m $5.8m 0.50% Added +8.7k +8,708
68 AIRE ADVISORS, LLC 1.32% of their portfolio BEVERLY HILLS, CA 251,070251.1k $5.8m $5.8m 1.32% Reduced -507 -507
69 UBS Group AG 0.00% of their portfolio ZURICH, V8 249,532249.5k $5.8m $5.8m 0.00% Added +13.6k +13,592
70 FLAGSHIP HARBOR ADVISORS, LLC 0.34% of their portfolio BOSTON, MA 241,630241.6k $5.6m $5.6m 0.34% Reduced -5.3k -5,286
71 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 235,789235.8k $5.5m $5.5m 0.01% Added +2.5k +2,457
72 Crestmont Private Wealth LLC 2.63% of their portfolio HOUSTON, TX 235,214235.2k $5.5m $5.5m 2.63% Reduced -12.8k -12,769
73 TRUSTMARK BANK TRUST DEPARTMENT 0.43% of their portfolio JACKSON, MS 230,000230.0k $5.3m $5.3m 0.43% Added +20.0k +20,000
74 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 219,892219.9k $5.1m $5.1m 0.01% Added +4.3k +4,342
75 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 210,857210.9k $4.9m $4.9m 0.04% Added +56.5k +56,458
76 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 199,265199.3k $4.6m $4.6m 0.01% New
77 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 198,745198.7k $4.6m $4.6m 0.00% Added +86.9k +86,852
78 Redwood Investment Management, LLC 0.39% of their portfolio SCOTTSDALE, AZ 194,134194.1k $4.5m $4.5m 0.39% New
79 Horizon Investments, LLC 0.12% of their portfolio Charlotte, NC 192,813192.8k $4.5m $4.5m 0.12% Added +1.9k +1,894
80 DIVERSIFY WEALTH MANAGEMENT, LLC 0.56% of their portfolio SANDY, UT 192,669192.7k $4.5m $4.5m 0.56% First filing
81 Stadion Money Management, LLC 0.36% of their portfolio WATKINSVILLE, GA 188,226188.2k $4.3m $4.3m 0.36% Reduced -88.0k -87,973
82 Financial Architects, LLC 2.95% of their portfolio WOODSTOCK, GA 186,685186.7k $4.3m $4.3m 2.95% Added +7.7k +7,655
83 FLC Capital Advisors 1.02% of their portfolio PALM DESERT, CA 178,769178.8k $4.2m $4.2m 1.02% Added +43.9k +43,928
84 AE Wealth Management LLC 0.04% of their portfolio TOPEKA, KS 171,221171.2k $4.0m $4.0m 0.04% Added +31.3k +31,306
85 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 162,282162.3k $3.8m $3.8m 0.01% Reduced -1.6k -1,577
86 BUSH INVESTMENT GROUP, LLC 3.18% of their portfolio VALDOSTA, GA 159,255159.3k $3.7m $3.7m 3.18% New
87 Sanctuary Advisors, LLC 0.03% of their portfolio INDIANAPOLIS, IN 150,839150.8k $3.5m $3.5m 0.03% First filing
88 Mariner, LLC 0.01% of their portfolio Overland Park, KS 146,651146.7k $3.4m $3.4m 0.01% Reduced -7.8k -7,813
89 Waterloo Capital, L.P. 0.41% of their portfolio AUSTIN, TX 146,061146.1k $3.4m $3.4m 0.41% Reduced -103.0k -102,988
90 ROGCO, LP 1.36% of their portfolio CLAREMORE, OK 143,408143.4k $3.3m $3.3m 1.36% Added +10.2k +10,233
91 MGO ONE SEVEN LLC 0.15% of their portfolio Beachwood, OH 138,253138.3k $3.2m $3.2m 0.15% Added +128.0k +127,986
92 Perigon Wealth Management, LLC 0.09% of their portfolio SAN FRANCISCO, CA 137,469137.5k $3.2m $3.2m 0.09% Added +7.2k +7,155
93 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 137,193137.2k $3.2m $3.2m 0.00% Added +10.5k +10,461
94 ARVEST INVESTMENTS, INC. 0.49% of their portfolio LOWELL, AR 131,197131.2k $3.0m $3.0m 0.49% Added +12.7k +12,665
95 McNaughton Wealth Management, LLC 1.61% of their portfolio SAN DIEGO, CA 130,725130.7k $3.0m $3.0m 1.61% Added +10.3k +10,271
96 Atria Wealth Solutions, Inc. 0.03% of their portfolio NEW YORK, NY 129,030129.0k $3.0m $3.0m 0.03% Added +61.8k +61,757
97 Iowa State Bank 0.66% of their portfolio URBANDALE, IA 128,101128.1k $3.0m $3.0m 0.66% Added +4.9k +4,905
98 Impact Partnership Wealth, LLC 0.77% of their portfolio MARIETTA, GA 125,821125.8k $2.9m $2.9m 0.77% Added +49.0k +49,021
99 Sterneck Capital Management, LLC 1.64% of their portfolio KANSAS CITY, MO 124,290124.3k $2.9m $2.9m 1.64% Added +22.0k +21,974
100 Balefire, LLC 1.02% of their portfolio DALLAS, TX 123,774123.8k $2.9m $2.9m 1.02% Added +53.4k +53,429