Vault-13

SPDR SER TR JNK

BLOOMBERG HIGH Y · ETP · CUSIP 78468R622

538 institutional holders +70 vs Q3 2022
99,639,60399.6m shares reported held*
$8.9bnreported value*
117 new 162 added 153 reduced 67 sold out net bought ≈ $2.8bn (+31.3m 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 ($226.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $89.71. Options: 6 managers hold calls ($19.8m notional), 10 hold puts ($157.1m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 468Q4 22: 538538Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022468
Q4 2022538

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ3 22 calls: $22.4mQ3 22 puts: $60.2mQ3 22P/C 2.69Q4 22 calls: $19.8mQ4 22 puts: $157.1mQ4 22P/C 7.93
Numbers
QuarterCallsPutsP/C
Q3 2022$22.4m$60.2m2.69
Q4 2022$19.8m$157.1m7.93

Biggest buyers

Clark Capital Management Group, Inc. New +10,806,661+10.8m
Ocean Park Asset Management, LLC New +5,562,700+5.6m
Elliott Investment Management L.P. New +2,560,000+2.6m
ASSETMARK, INC Added +2,439,050+2.4m
ENVESTNET ASSET MANAGEMENT INC Added +1,642,368+1.6m
BlackRock Inc. Added +1,081,863+1.1m
BANK OF AMERICA CORP /DE/ Added +953,773+953.8k
GOLDMAN SACHS GROUP INC Added +940,664+940.7k
Bank of New York Mellon Corp Added +856,627+856.6k
OSAIC HOLDINGS, INC. Added +711,440+711.4k

Biggest sellers

JANE STREET GROUP, LLC Reduced -2,575,044-2.6m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -399,691-399.7k
Venturi Wealth Management, LLC Reduced -359,380-359.4k
Trek Financial, LLC Reduced -308,928-308.9k
Blackstone Inc. Sold out -272,637-272.6k
MILLENNIUM MANAGEMENT LLC Reduced -227,059-227.1k
WELLS FARGO & COMPANY/MN Reduced -184,519-184.5k
State of New Jersey Common Pension Fund D Reduced -177,000-177.0k
State of Tennessee, Department of Treasury Sold out -141,300-141.3k
SIMPLEX TRADING, LLC Sold out -130,355-130.4k

Biggest calls

GOLDMAN SACHS GROUP INC New $9.0m100.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.4m71.1k shares
CITADEL ADVISORS LLC Added $3.7m41.2k shares
WOLVERINE TRADING, LLC Reduced $675.0k7.5k shares
Walleye Trading LLC New $36.0k400 shares
Cutler Group LLC / CA Unchanged $0400 shares

Biggest puts

Deer Park Road Corp New $90.0m1.0m shares
HIGHLAND PEAK CAPITAL, LLC First filing $27.0m300.0k shares
WOLVERINE TRADING, LLC Added $12.4m137.9k shares
BOOTHBAY FUND MANAGEMENT, LLC Added $10.9m120.9k shares
CITADEL ADVISORS LLC Reduced $7.9m87.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.5m61.6k shares
Greenland Capital Management LP First filing $3.1m40.0k shares
Walleye Trading LLC New $306.0k3.4k shares
HighTower Advisors, LLC New $14.8k200 shares
Cutler Group LLC / CA Reduced $2.0k2.7k 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.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JANE STREET GROUP, LLC 1.87% of their portfolio NEW YORK, NY 11,060,44011.1m $995.4m $995.4m 1.87% Reduced -2.6m -2,575,044
2 Clark Capital Management Group, Inc. 8.95% of their portfolio PHILADELPHIA, PA 10,806,66110.8m $972.6m $972.6m 8.95% New
3 STATE STREET CORP 0.04% of their portfolio BOSTON, MA 7,479,7207.5m $673.2m $673.2m 0.04% Added +299.5k +299,486
4 GOLDMAN SACHS GROUP INC 0.14% of their portfolio NEW YORK, NY 5,601,0575.6m $504.1m $504.1m 0.14% Added +940.7k +940,664
5 Ocean Park Asset Management, LLC 31.73% of their portfolio SANTA MONICA, CA 5,562,7005.6m $500.6m $500.6m 31.73% New
6 ENVESTNET ASSET MANAGEMENT INC 0.20% of their portfolio Berwyn, PA 4,388,7084.4m $395.0m $395.0m 0.20% Added +1.6m +1,642,368
7 WELLS FARGO & COMPANY/MN 0.12% of their portfolio SAN FRANCISCO, CA 4,071,7534.1m $366.5m $366.5m 0.12% Reduced -184.5k -184,519
8 State of New Jersey Common Pension Fund D 1.23% of their portfolio TRENTON, NJ 3,630,0003.6m $326.7m $326.7m 1.23% Reduced -177.0k -177,000
9 BlackRock Inc. 0.01% of their portfolio New York, NY 3,602,0573.6m $324.2m $324.2m 0.01% Added +1.1m +1,081,863
10 ASSETMARK, INC 1.37% of their portfolio CONCORD, CA 3,519,4713.5m $316.8m $316.8m 1.37% Added +2.4m +2,439,050
11 Mitsubishi UFJ Asset Management Co., Ltd. 0.70% of their portfolio TOKYO, M0 2,856,8582.9m $257.2m $257.2m 0.70% Added +232.3k +232,319
12 Elliott Investment Management L.P. 2.70% of their portfolio WEST PALM BEACH, FL 2,560,0002.6m $230.4m $230.4m 2.70% New
13 UNITED CAPITAL FINANCIAL ADVISORS, LLC 1.25% of their portfolio IRVING, TX 2,474,5272.5m $222.7m $222.7m 1.25% Added +160.1k +160,063
14 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 2,300,9692.3m $207.1m $207.1m 0.03% Added +953.8k +953,773
15 Bank of New York Mellon Corp 0.05% of their portfolio NEW YORK, NY 2,287,3092.3m $205.9m $205.9m 0.05% Added +856.6k +856,627
16 Thrivent Financial for Lutherans 0.44% of their portfolio Minneapolis, MN 1,901,6721.9m $171.2m $171.2m 0.44% Added +233.5k +233,475
17 Cercano Management LLC 6.77% of their portfolio BELLEVUE, WA 1,848,9401.8m $166.4m $166.4m 6.77% First filing
18 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,194,8991.2m $107.5m $107.5m 0.01% Added +189.6k +189,553
19 HSBC HOLDINGS PLC 0.13% of their portfolio LONDON, X0 1,157,0961.2m $104.1m $104.1m 0.13% Added +573.8k +573,847
20 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 1,069,2081.1m $96.2m $96.2m 0.03% Added +292.9k +292,878
21 OSAIC HOLDINGS, INC. 0.16% of their portfolio SCOTTSDALE, AZ 856,833856.8k $77.1m $77.1m 0.16% Added +711.4k +711,440
22 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 793,213793.2k $71.4m $71.4m 0.01% Added +615.3k +615,346
23 PNC Financial Services Group, Inc. 0.07% of their portfolio Pittsburgh, PA 772,989773.0k $69.6m $69.6m 0.07% Added +61.6k +61,587
24 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 744,635744.6k $67.0m $67.0m 0.06% Added +48.6k +48,595
25 BTS Asset Management, Inc. 27.79% of their portfolio Lincoln, MA 701,725701.7k $63.4m $63.4m 27.79% New
26 Private Ocean, LLC 7.78% of their portfolio SAN RAFAEL, CA 696,455696.5k $62.7m $62.7m 7.78% Added +22.8k +22,754
27 BARCLAYS PLC 0.05% of their portfolio LONDON, X0 614,825614.8k $55.3m $55.3m 0.05% First filing
28 Sumitomo Mitsui DS Asset Management Company, Ltd 1.03% of their portfolio TOKYO, M0 562,812562.8k $50.7m $50.7m 1.03% Added +90.5k +90,544
29 Elo Mutual Pension Insurance Co 1.73% of their portfolio ESPOO, H9 562,000562.0k $50.6m $50.6m 1.73% New
30 UBS Group AG 0.02% of their portfolio ZURICH, V8 511,708511.7k $46.1m $46.1m 0.02% Added +104.1k +104,141
31 EHP Funds Inc. 9.26% of their portfolio TORONTO, Z4 490,000490.0k $44.1m $44.1m 9.26% New
32 MEEDER ASSET MANAGEMENT INC 3.69% of their portfolio DUBLIN, OH 468,068468.1k $42.1m $42.1m 3.69% New
33 NATIONAL BANK OF CANADA /FI/ 0.11% of their portfolio MONTREAL, A8 450,314450.3k $40.5m $40.5m 0.11% Added +450.0k +450,000
34 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 437,137437.1k $39.3m $39.3m 0.01% Reduced -94.2k -94,209
35 Bank Julius Baer & Co. Ltd, Zurich 0.26% of their portfolio ZURICH, V8 429,248429.2k $38.6m $38.6m 0.26% Added +5.8k +5,786
36 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 418,549418.5k $37.7m $37.7m 0.03% Added +25.5k +25,483
37 Nan Shan Life Insurance Co., Ltd. 0.83% of their portfolio Taipei City, F5 337,566337.6k $30.4m $30.4m 0.83% Unchanged
38 Column Capital Advisors, LLC 0.32% of their portfolio INDIANAPOLIS, IN 322,947322.9k $1.9m $1.9m 0.32% Added +257.5k +257,471
39 TOWNSQUARE CAPITAL LLC 0.71% of their portfolio Lehi, UT 320,386320.4k $28.8m $28.8m 0.71% Reduced -8.5k -8,466
40 FLOW TRADERS U.S. LLC 1.34% of their portfolio NEW YORK, NY 295,392295.4k $26.6m $26.6m 1.34% New
41 1832 Asset Management L.P. 0.05% of their portfolio TORONTO, A6 274,136274.1k $24.7m $24.7m 0.05% New
42 ALLSTATE CORP 0.58% of their portfolio NORTHBROOK, IL 212,913212.9k $19.2m $19.2m 0.58% Unchanged
43 Kingsview Wealth Management, LLC 0.79% of their portfolio GRANTS PASS, OR 202,637202.6k $18.2m $18.2m 0.79% Added +149.6k +149,623
44 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 201,692201.7k $18.2m $18.2m 0.01% Added +24.5k +24,532
45 CONNING INC. 0.59% of their portfolio HARTFORD, CT 200,000200.0k $18.0m $18.0m 0.59% Unchanged
46 HRT FINANCIAL LP 0.24% of their portfolio NEW YORK, NY 185,931185.9k $16.7m $16.7m 0.24% Added +78.9k +78,945
47 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 183,355183.4k $16.5m $16.5m 0.04% Reduced -13.0k -12,963
48 Cetera Advisor Networks LLC 0.13% of their portfolio EL SEGUNDO, CA 182,659182.7k $16.4m $16.4m 0.13% Added +145.9k +145,858
49 Rafferty Asset Management, LLC 0.13% of their portfolio New York, NY 173,175173.2k $15.6m $15.6m 0.13% Added +169.9k +169,888
50 Symmetry Partners, LLC 0.92% of their portfolio GLASTONBURY, CT 172,701172.7k $15.5m $15.5m 0.92% Added +26.3k +26,269
51 MML INVESTORS SERVICES, LLC 0.09% of their portfolio SPRINGFIELD, MA 160,028160.0k $14.4m $14.4m 0.09% Added +98.8k +98,757
52 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 154,780154.8k $13.9m $13.9m 0.03% Reduced -399.7k -399,691
53 Chandler Asset Management, Inc. 3.90% of their portfolio SAN DIEGO, CA 154,072154.1k $13.5m $13.5m 3.90% Unchanged
54 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 142,670142.7k $12.8m $12.8m 0.07% Added +67.4k +67,363
55 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 142,606142.6k $12.8m $12.8m 0.00% New
56 Aveo Capital Partners, LLC 1.84% of their portfolio ENGLEWOOD, CO 136,290136.3k $12.3m $12.3m 1.84% New
57 GUGGENHEIM CAPITAL LLC 0.11% of their portfolio CHICAGO, IL 135,197135.2k $12.2m $12.2m 0.11% Added +12.5k +12,479
58 Kestra Advisory Services, LLC 0.11% of their portfolio AUSTIN, TX 133,270133.3k $12.0m $12.0m 0.11% Added +119.2k +119,246
59 New York Life Investment Management LLC 0.14% of their portfolio New York, NY 132,882132.9k $12.0m $12.0m 0.14% Added +129.0k +129,048
60 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 127,509127.5k $11.5m $11.5m 0.02% Added +5.7k +5,731
61 TD AMERITRADE INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio OMAHA, NE 124,875124.9k $11.2m $11.2m 0.11% Added +12.9k +12,860
62 BLB&B Advisors, LLC 0.82% of their portfolio MONTGOMERYVILLE, PA 117,467117.5k $10.6m $10.6m 0.82% Reduced -9.0k -8,967
63 CoreCap Advisors, LLC 0.75% of their portfolio SOUTHFIELD, MI 116,331116.3k $10.5m $10.5m 0.75% Reduced -9.2k -9,212
64 MACKENZIE FINANCIAL CORP 0.02% of their portfolio TORONTO ONTARIO, A6 113,125113.1k $10.2m $10.2m 0.02% Reduced -54.5k -54,475
65 Blueshift Asset Management, LLC 4.58% of their portfolio RED BANK, NJ 109,680109.7k $9.9m $9.9m 4.58% Reduced -8.3k -8,282
66 Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio SEOUL, M5 109,137109.1k $9.8m $9.8m 0.03% Added +17.1k +17,137
67 Migdal Insurance & Financial Holdings Ltd. 0.22% of their portfolio Petach Tikva, L3 108,537108.5k $9.8m $9.8m 0.22% Added +742 +742
68 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 107,676107.7k $9.7m $9.7m 0.01% Added +26.5k +26,509
69 RFG Advisory, LLC 0.50% of their portfolio BIRMINGHAM, AL 104,871104.9k $9.8m $9.8m 0.50% Added +38.0k +38,023
70 NOMURA ASSET MANAGEMENT CO LTD 0.05% of their portfolio TOKYO, M0 101,933101.9k $9.2m $9.2m 0.05% Added +15.4k +15,400
71 BARINGS LLC 0.32% of their portfolio CHARLOTTE, NC 100,000100.0k $9.0m $9.0m 0.32% New
72 INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.97% of their portfolio CHICAGO, IL 100,000100.0k $9.0m $9.0m 0.97% New
73 Marex Group Ltd 1.28% of their portfolio London, X0 100,000100.0k $9.0m $9.0m 1.28% First filing
74 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 97,56297.6k $8.8m $8.8m 0.01% Added +7.5k +7,507
75 SageView Advisory Group, LLC 0.71% of their portfolio Newport Beach, CA 97,06397.1k $8.7m $8.7m 0.71% First filing
76 CI INVESTMENTS INC. 0.04% of their portfolio TORONTO, Z4 95,24095.2k $8.6m $8.6m 0.04% Reduced -4.2k -4,250
77 Aristotle Pacific Capital, LLC 13.75% of their portfolio NEWPORT BEACH, CA 93,60093.6k $8.4m $8.4m 13.75% Added +76.7k +76,662
78 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 93,25593.3k $8.4m $8.4m 0.00% Added +4.8k +4,779
79 Csenge Advisory Group 0.62% of their portfolio CLEARWATER, FL 88,41388.4k $8.0m $8.0m 0.62% Added +84.5k +84,530
80 NewSquare Capital LLC 0.97% of their portfolio NEWTOWN SQUARE, PA 86,13986.1k $7.8m $7.8m 0.97% Added +2.1k +2,072
81 Roberts Financial Services LLC 1.97% of their portfolio MARQUETTE, MI 84,46584.5k $7.6m $7.6m 1.97% New
82 Veritable, L.P. 0.14% of their portfolio Newtown Square, PA 84,20884.2k $7.6m $7.6m 0.14% Added +5.0k +5,020
83 Empowered Funds, LLC 0.48% of their portfolio NEWTOWN SQUARE, PA 81,53781.5k $7.3m $7.3m 0.48% New
84 Merriman Wealth Management, LLC 0.37% of their portfolio SEATTLE, WA 79,98380.0k $7.2m $7.2m 0.37% New
85 Apella Capital, LLC 0.63% of their portfolio WEST HARTFORD, CT 77,02877.0k $6.9m $6.9m 0.63% Added +28.5k +28,475
86 Equitable Holdings, Inc. 0.12% of their portfolio NEW YORK, NY 75,97876.0k $6.8m $6.8m 0.12% Added +7.3k +7,287
87 GERMAN AMERICAN BANCORP, INC. 1.07% of their portfolio JASPER, IN 75,30675.3k $6.8m $6.8m 1.07% New
88 Checchi Capital Advisers, LLC 0.68% of their portfolio BEVERLY HILLS, CA 73,10673.1k $6.6m $6.6m 0.68% Reduced -32.2k -32,209
89 GIRARD ADVISORY SERVICES, LLC 0.73% of their portfolio KING OF PRUSSIA, PA 71,44371.4k $6.4m $6.4m 0.73% Reduced -3.0k -3,034
90 Shilanski & Associates, Inc. 2.78% of their portfolio ANCHORAGE, AK 70,69570.7k $6.4m $6.4m 2.78% New
91 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 70,48170.5k $6.3m $6.3m 0.01% Reduced -45.1k -45,106
92 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 66,09566.1k $975.7k $975.7k 0.03% Reduced -16.4k -16,386
93 EisnerAmper Wealth Management Corporate Benefits, LLC 2.97% of their portfolio ISELIN, NJ 64,54064.5k $5.8m $5.8m 2.97% Reduced -3.9k -3,863
94 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 61,58861.6k $5.5m $5.5m 0.01% Added +13.2k +13,155
95 Vontobel Holding Ltd. 0.06% of their portfolio ZURICH, V8 61,56661.6k $5.5m $5.5m 0.06% Reduced -5.9k -5,871
96 Windsor Capital Management, LLC 2.01% of their portfolio Phoenix, AZ 61,28261.3k $5.5m $5.5m 2.01% Reduced -4.7k -4,740
97 All Season Financial Advisors, Inc. 4.87% of their portfolio DENVER, CO 61,18561.2k $5.5m $5.5m 4.87% Added +2.2k +2,180
98 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 60,84560.8k $5.5m $5.5m 0.01% Reduced -2.9k -2,892
99 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 59,41059.4k $5.3m $5.3m 0.01% Added +12.1k +12,087
100 Ameritas Investment Partners, Inc. 0.21% of their portfolio LINCOLN, NE 58,78258.8k $5.3m $5.3m 0.21% Reduced -3.1k -3,098