Vault-13

SPDR SER TR JNK

BLOOMBERG HIGH Y · ETP · CUSIP 78468R622

576 institutional holders +21 vs Q3 2024
78,012,54478.0m shares reported held*
$7.5bnreported value*
49 new 233 added 160 reduced 56 sold out net sold ≈ $227.2m (-2.3m 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 ($38.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $95.52. Options: 4 managers hold calls ($4.8m notional), 4 hold puts ($7.3m).

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 468Q4 22: 538Q1 23: 510Q2 23: 518Q3 23: 516Q4 23: 537Q1 24: 555Q2 24: 543Q3 24: 555Q4 24: 576576Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022468
Q4 2022538
Q1 2023510
Q2 2023518
Q3 2023516
Q4 2023537
Q1 2024555
Q2 2024543
Q3 2024555
Q4 2024576

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 23: 203 bought or addedQ1 23: 288 cut or sold outQ2 23: 225 bought or addedQ2 23: 241 cut or sold outQ2 23Q3 23: 220 bought or addedQ3 23: 240 cut or sold outQ4 23: 226 bought or addedQ4 23: 252 cut or sold outQ4 23Q1 24: 270 bought or addedQ1 24: 225 cut or sold outQ2 24: 243 bought or addedQ2 24: 257 cut or sold outQ2 24Q3 24: 227 bought or addedQ3 24: 263 cut or sold outQ4 24: 282 bought or addedQ4 24: 216 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023203288
Q2 2023225241
Q3 2023220240
Q4 2023226252
Q1 2024270225
Q2 2024243257
Q3 2024227263
Q4 2024282216

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ1 24 calls: $4.2mQ1 24 puts: $11.5mQ1 24P/C 2.72Q2 24 calls: $2.9mQ2 24 puts: $10.7mQ2 24P/C 3.65Q3 24 calls: $19.5mQ3 24 puts: $15.6mQ3 24P/C 0.80Q4 24 calls: $4.8mQ4 24 puts: $7.3mQ4 24P/C 1.50
Numbers
QuarterCallsPutsP/C
Q1 2024$4.2m$11.5m2.72
Q2 2024$2.9m$10.7m3.65
Q3 2024$19.5m$15.6m0.80
Q4 2024$4.8m$7.3m1.50

Biggest buyers

SCHRODER INVESTMENT MANAGEMENT GROUP Added +688,414+688.4k
MORGAN STANLEY Added +606,880+606.9k
ASSETMARK, INC Added +517,382+517.4k
LPL Financial LLC Added +434,953+435.0k
STATE STREET CORP Added +323,927+323.9k
SEI INVESTMENTS CO Added +297,797+297.8k
WELLS FARGO & COMPANY/MN Added +278,292+278.3k
Envestnet Portfolio Solutions, Inc. Added +239,321+239.3k
Counterpoint Mutual Funds LLC Added +237,443+237.4k
NORTHERN TRUST CORP New +182,772+182.8k

Biggest sellers

JPMORGAN CHASE & CO Reduced -3,343,088-3.3m
TOEWS CORP /ADV Sold out -1,111,000-1.1m
Japan Science & Technology Agency Reduced -958,054-958.1k
ROYAL BANK OF CANADA Reduced -724,951-725.0k
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Sold out -595,492-595.5k
Logan Stone Capital, LLC Reduced -271,804-271.8k
Balyasny Asset Management L.P. Sold out -198,593-198.6k
MILLENNIUM MANAGEMENT LLC Reduced -166,089-166.1k
RENAISSANCE TECHNOLOGIES LLC Reduced -140,700-140.7k
Aristotle Pacific Capital, LLC Reduced -130,852-130.9k

Biggest calls

CITADEL ADVISORS LLC Reduced $3.5m36.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $591.9k6.2k shares
WOLVERINE TRADING, LLC Reduced $439.3k4.6k shares
Squarepoint Ops LLC New $362.8k3.8k shares

Biggest puts

JANE STREET GROUP, LLC Reduced $3.3m34.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.4m24.9k shares
CITADEL ADVISORS LLC Reduced $1.1m11.0k shares
WOLVERINE TRADING, LLC Added $506.1k5.3k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 STATE STREET CORP 0.04% of their portfolio BOSTON, MA 10,618,45910.6m $1.0bn $1.0bn 0.04% Added +323.9k +323,927
2 Clark Capital Management Group, Inc. 3.66% of their portfolio PHILADELPHIA, PA 5,483,4465.5m $523.5m $523.5m 3.66% Added +28.9k +28,881
3 ASSETMARK, INC 1.29% of their portfolio CONCORD, CA 4,963,6225.0m $473.9m $473.9m 1.29% Added +517.4k +517,382
4 Ocean Park Asset Management, LLC 15.18% of their portfolio SANTA MONICA, CA 4,673,9154.7m $446.2m $446.2m 15.18% Added +319 +319
5 WELLS FARGO & COMPANY/MN 0.10% of their portfolio SAN FRANCISCO, CA 4,449,2964.4m $424.8m $424.8m 0.10% Added +278.3k +278,292
6 Mitsubishi UFJ Asset Management Co., Ltd. 0.31% of their portfolio TOKYO, M0 3,362,9773.4m $322.8m $322.8m 0.31% Added +15.4k +15,380
7 ENVESTNET ASSET MANAGEMENT INC 0.10% of their portfolio Berwyn, PA 3,133,7633.1m $299.2m $299.2m 0.10% Added +115.2k +115,211
8 Japan Science & Technology Agency 4.74% of their portfolio TOKYO, M0 2,900,0002.9m $276.9m $276.9m 4.74% Reduced -958.1k -958,054
9 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,803,5011.8m $172.2m $172.2m 0.00% Reduced -16.6k -16,615
10 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 1,514,2821.5m $144.6m $144.6m 0.03% Added +61.4k +61,403
11 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,492,2641.5m $142.5m $142.5m 0.01% Added +606.9k +606,880
12 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 1,461,1281.5m $139.5m $139.5m 0.06% Added +435.0k +434,953
13 Thrivent Financial for Lutherans 0.26% of their portfolio Minneapolis, MN 1,378,5301.4m $131.6m $131.6m 0.26% Added +1.9k +1,940
14 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,200,8681.2m $114.6m $114.6m 0.01% Reduced -3.3m -3,343,088
15 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.95% of their portfolio IRVING, TX 1,176,6671.2m $112.3m $112.3m 0.95% Reduced -7.4k -7,444
16 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,171,0161.2m $111.8m $111.8m 0.02% Added +27.0k +26,958
17 Kensington Asset Management, LLC 6.36% of their portfolio AUSTIN, TX 1,136,9801.1m $108.5m $108.5m 6.36% Reduced -120.0k -120,000
18 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 988,524988.5k $94.4m $94.4m 0.02% Added +50.6k +50,622
19 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 896,346896.3k $85.6m $85.6m 0.02% Reduced -725.0k -724,951
20 Man Group plc 0.26% of their portfolio LONDON, X0 892,377892.4k $85.2m $85.2m 0.26% Unchanged
21 SCHRODER INVESTMENT MANAGEMENT GROUP 0.08% of their portfolio London, X0 841,294841.3k $80.3m $80.3m 0.08% Added +688.4k +688,414
22 JANE STREET GROUP, LLC 0.13% of their portfolio NEW YORK, NY 835,432835.4k $79.8m $79.8m 0.13% Added +129.1k +129,101
23 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 829,299829.3k $79.2m $79.2m 0.01% Added +42.8k +42,848
24 BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio PARIS, I0 759,851759.9k $72.5m $72.5m 0.06% Reduced -17.0k -16,990
25 Aristotle Pacific Capital, LLC 22.40% of their portfolio NEWPORT BEACH, CA 749,102749.1k $71.5m $71.5m 22.40% Reduced -130.9k -130,852
26 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 659,203659.2k $62.9m $62.9m 0.04% Added +28.4k +28,448
27 Sumitomo Mitsui DS Asset Management Company, Ltd 0.58% of their portfolio TOKYO, M0 594,723594.7k $56.8m $56.8m 0.58% Added +3.2k +3,193
28 OSAIC HOLDINGS, INC. 0.12% of their portfolio SCOTTSDALE, AZ 542,950543.0k $51.9m $51.9m 0.12% Added +24.0k +24,021
29 Migdal Insurance & Financial Holdings Ltd. 0.72% of their portfolio Petach Tikva, L3 522,529522.5k $49.9m $49.9m 0.72% Added +36.3k +36,284
30 Envestnet Portfolio Solutions, Inc. 0.15% of their portfolio BERWYN, PA 478,806478.8k $45.7m $45.7m 0.15% Added +239.3k +239,321
31 SEI INVESTMENTS CO 0.05% of their portfolio OAKS, PA 439,797439.8k $42.0m $42.0m 0.05% Added +297.8k +297,797
32 Angeles Investment Advisors, LLC 1.94% of their portfolio SANTA MONICA, CA 421,800421.8k $40.3m $40.3m 1.94% Unchanged
33 BLB&B Advisors, LLC 1.81% of their portfolio MONTGOMERYVILLE, PA 371,008371.0k $35.4m $35.4m 1.81% Added +46.9k +46,901
34 UBS Group AG 0.01% of their portfolio ZURICH, V8 364,729364.7k $34.8m $34.8m 0.01% Added +31.9k +31,892
35 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio Toronto, A6 358,656358.7k $34.2m $34.2m 0.03% Added +8.9k +8,882
36 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 349,589349.6k $33.4m $33.4m 0.02% Added +15.8k +15,812
37 Bank Julius Baer & Co. Ltd, Zurich 0.11% of their portfolio ZURICH, V8 337,867337.9k $35.6m $35.6m 0.11% Added +23.3k +23,344
38 Nan Shan Life Insurance Co., Ltd. 0.77% of their portfolio Taipei City, F5 337,566337.6k $32.2m $32.2m 0.77% Unchanged
39 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 296,944296.9k $28.3m $28.3m 0.06% Added +8.9k +8,894
40 LOOMIS SAYLES & CO L P 0.04% of their portfolio BOSTON, MA 295,498295.5k $28.2m $28.2m 0.04% Added +74.2k +74,152
41 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 279,966280.0k $26.7m $26.7m 0.01% First filing
42 Police & Firemen's Retirement System of New Jersey 0.25% of their portfolio TRENTON, NJ 268,101268.1k $25.6m $25.6m 0.25% First filing
43 Logan Stone Capital, LLC 8.48% of their portfolio CHICAGO, IL 265,176265.2k $25.3m $25.3m 8.48% Reduced -271.8k -271,804
44 Counterpoint Mutual Funds LLC 2.90% of their portfolio San Diego, CA 243,691243.7k $23.3m $23.3m 2.90% Added +237.4k +237,443
45 MESIROW FINANCIAL INVESTMENT MANAGEMENT - Fixed Income 23.48% of their portfolio CHICAGO, IL 242,000242.0k $23.1m $23.1m 23.48% Added +100.0k +100,000
46 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 233,700233.7k $22.2m $22.2m 0.01% Added +166.5k +166,500
47 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 218,550218.6k $20.9m $20.9m 0.01% Unchanged
48 ALLSTATE CORP 0.59% of their portfolio NORTHBROOK, IL 210,000210.0k $20.0m $20.0m 0.59% Reduced -2.9k -2,913
49 TOWNSQUARE CAPITAL LLC 0.21% of their portfolio Lehi, UT 197,750197.8k $18.9m $18.9m 0.21% Reduced -16.8k -16,799
50 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 195,572195.6k $18.7m $18.7m 0.01% Unchanged
51 Checchi Capital Advisers, LLC 1.39% of their portfolio BEVERLY HILLS, CA 195,173195.2k $18.6m $18.6m 1.39% Reduced -6.2k -6,182
52 Rafferty Asset Management, LLC 0.06% of their portfolio New York, NY 192,260192.3k $18.4m $18.4m 0.06% Reduced -13.9k -13,860
53 Chandler Asset Management, Inc. 3.48% of their portfolio SAN DIEGO, CA 190,706190.7k $18.2m $18.2m 3.48% Added +4.0k +3,970
54 Gerber Kawasaki Wealth & Investment Management 0.77% of their portfolio SANTA MONICA, CA 184,998185.0k $17.7m $17.7m 0.77% Added +10.3k +10,329
55 BTS Asset Management, Inc. 17.44% of their portfolio Lincoln, MA 182,824182.8k $17.5m $17.5m 17.44% Reduced -11.4k -11,424
56 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 182,772182.8k $17.4m $17.4m 0.00% New
57 STRATEGIC INVESTMENT MANAGEMENT, LLC 6.01% of their portfolio ARLINGTON, VA 182,690182.7k $17.4m $17.4m 6.01% New
58 NewSquare Capital LLC 1.36% of their portfolio NEWTOWN SQUARE, PA 179,844179.8k $17.0m $17.0m 1.36% Added +969 +969
59 One Capital Management, LLC 0.50% of their portfolio WESTLAKE VILLAGE, CA 159,552159.6k $15.2m $15.2m 0.50% Reduced -5 -5
60 PARK AVENUE SECURITIES LLC 0.15% of their portfolio NEW YORK, NY 157,098157.1k $15.0m $15.0m 0.15% Added +56.4k +56,369
61 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 156,504156.5k $14.9m $14.9m 0.05% Added +16.7k +16,712
62 RFG Advisory, LLC 0.41% of their portfolio BIRMINGHAM, AL 152,975153.0k $14.6m $14.6m 0.41% Added +3.0k +3,037
63 GUGGENHEIM CAPITAL LLC 0.12% of their portfolio CHICAGO, IL 147,602147.6k $14.1m $14.1m 0.12% Added +10.6k +10,638
64 Apella Capital, LLC 0.53% of their portfolio WEST HARTFORD, CT 144,371144.4k $13.8m $13.8m 0.53% Reduced -6.8k -6,823
65 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 141,900141.9k $13.5m $13.5m 0.02% Reduced -140.7k -140,700
66 Prime Capital Investment Advisors, LLC 0.18% of their portfolio OVERLAND PARK, KS 127,598127.6k $12.2m $12.2m 0.18% Added +388 +388
67 Sequoia Financial Advisors, LLC 0.12% of their portfolio Akron, OH 126,199126.2k $12.0m $12.0m 0.12% New
68 Navigation Wealth Management, Inc. 12.92% of their portfolio FORT COLLINS, CO 120,096120.1k $11.5m $11.5m 12.92% Added +19.2k +19,238
69 Advisors Preferred, LLC 1.84% of their portfolio ROCKVILLE, MD 119,403119.4k $11.4m $11.4m 1.84% Added +52.3k +52,343
70 Idaho Trust Co 5.58% of their portfolio BOISE, ID 115,983116.0k $11.1m $11.1m 5.58% Added +12.1k +12,114
71 Jefferies Financial Group Inc. 0.12% of their portfolio NEW YORK, NY 115,756115.8k $11.1m $11.1m 0.12% New
72 Jessup Wealth Management, Inc 4.59% of their portfolio DAYTON, OH 112,854112.9k $10.8m $10.8m 4.59% Added +4.3k +4,274
73 Equitable Holdings, Inc. 0.10% of their portfolio NEW YORK, NY 112,624112.6k $10.8m $10.8m 0.10% Added +18.6k +18,611
74 FSA WEALTH PARTNERS, INC. 2.41% of their portfolio Rockville, MD 107,397107.4k $10.3m $10.3m 2.41% Added +881 +881
75 NORDEN GROUP LLC 1.06% of their portfolio PROVO, UT 97,89597.9k $9.3m $9.3m 1.06% Reduced -6.8k -6,785
76 Aspire Private Capital, LLC 2.31% of their portfolio Cornelius, NC 97,60397.6k $9.3m $9.3m 2.31% Added +55.5k +55,527
77 Apollon Wealth Management, LLC 0.21% of their portfolio MOUNT PLEASANT, SC 97,02897.0k $9.3m $9.3m 0.21% Reduced -836 -836
78 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 95,30595.3k $9.1m $9.1m 0.01% Reduced -16.8k -16,831
79 Shilanski & Associates, Inc. 2.87% of their portfolio ANCHORAGE, AK 93,61993.6k $8.9m $8.9m 2.87% Added +2.6k +2,632
80 Sound Income Strategies, LLC 0.54% of their portfolio FT LAUDERDALE, FL 91,18791.2k $8.7m $8.7m 0.54% Added +29.6k +29,629
81 Symmetry Partners, LLC 1.23% of their portfolio GLASTONBURY, CT 90,66290.7k $8.7m $8.7m 1.23% Added +43.2k +43,237
82 ROVIN CAPITAL /UT/ /ADV 3.05% of their portfolio MESA, AZ 88,84688.8k $8.5m $8.5m 3.05% Added +48.5k +48,538
83 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 88,58688.6k $8.5m $8.5m 0.05% Reduced -3.9k -3,929
84 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 85,35785.4k $8.1m $8.1m 0.05% Added +35.4k +35,363
85 Somnio Financial Group, LLC 6.44% of their portfolio GLASTONBURY, CT 84,37284.4k $8.1m $8.1m 6.44% Added +5.2k +5,240
86 Estate Counselors, LLC 0.86% of their portfolio Thiensville, WI 84,29184.3k $8.0m $8.0m 0.86% Added +1.2k +1,156
87 Altura Wealth Advisors Inc. 5.85% of their portfolio SANTA CLARA, CA 83,05483.1k $7.9m $7.9m 5.85% Reduced -8.1k -8,055
88 HTLF Bank 0.89% of their portfolio Denver, CO 82,05282.1k $7.8m $7.8m 0.89% Reduced -4.1k -4,072
89 Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio SEOUL, M5 78,00078.0k $7.4m $7.4m 0.03% Reduced -5.0k -5,000
90 Prospera Financial Services Inc 0.17% of their portfolio Dallas, TX 74,47374.5k $7.1m $7.1m 0.17% Added +11.5k +11,470
91 BENJAMIN EDWARDS INC 0.10% of their portfolio Clayton, MO 73,54773.5k $7.0m $7.0m 0.10% Added +5.3k +5,269
92 Csenge Advisory Group 0.37% of their portfolio CLEARWATER, FL 72,26172.3k $6.9m $6.9m 0.37% Reduced -4.8k -4,784
93 GeoWealth Management, LLC 0.22% of their portfolio CHICAGO, IL 71,94671.9k $6.9m $6.9m 0.22% Added +38.6k +38,589
94 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 69,39869.4k $6.6m $6.6m 0.01% Added +34.3k +34,339
95 IEQ CAPITAL, LLC 0.06% of their portfolio Foster City, CA 68,79568.8k $6.6m $6.6m 0.06% Added +35.1k +35,103
96 OLD MISSION CAPITAL LLC 0.15% of their portfolio CHICAGO, IL 66,84466.8k $6.4m $6.4m 0.15% Added +4.1k +4,087
97 Stratos Wealth Partners, LTD. 0.09% of their portfolio BEACHWOOD, OH 66,59166.6k $6.4m $6.4m 0.09% Added +59.5k +59,504
98 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 65,60565.6k $6.3m $6.3m 0.01% Reduced -8.9k -8,857
99 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 65,40365.4k $6.2m $6.2m 0.04% Reduced -659 -659
100 LANDMARK WEALTH MANAGEMENT, INC. 3.01% of their portfolio NORMAL, IL 64,79764.8k $6.2m $6.2m 3.01% Added +42.6k +42,623