Vault-13

SPDR SER TR JNK

BLOOMBERG HIGH Y · ETP · CUSIP 78468R622

558 institutional holders +8 vs Q1 2026
76,900,27476.9m shares reported held*
$7.4bnreported value*
67 new 229 added 152 reduced 53 sold out net bought ≈ $346.8m (+701.9k 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 ($14.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $96.33. Options: 1 managers hold calls ($992.6k notional), 2 hold puts ($1.6m).

Trends to Q2 2026

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: 576Q1 25: 557Q2 25: 556Q3 25: 541Q4 25: 566Q1 26: 550Q2 26: 558558Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022468
Q4 2022538
Q1 2023510
Q2 2023518
Q3 2023516
Q4 2023537
Q1 2024555
Q2 2024543
Q3 2024555
Q4 2024576
Q1 2025557
Q2 2025556
Q3 2025541
Q4 2025566
Q1 2026550
Q2 2026558

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 24: 227 bought or addedQ3 24: 263 cut or sold outQ4 24: 282 bought or addedQ4 24: 216 cut or sold outQ4 24Q1 25: 232 bought or addedQ1 25: 281 cut or sold outQ2 25: 253 bought or addedQ2 25: 263 cut or sold outQ2 25Q3 25: 270 bought or addedQ3 25: 206 cut or sold outQ4 25: 243 bought or addedQ4 25: 247 cut or sold outQ4 25Q1 26: 259 bought or addedQ1 26: 257 cut or sold outQ2 26: 296 bought or addedQ2 26: 205 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024227263
Q4 2024282216
Q1 2025232281
Q2 2025253263
Q3 2025270206
Q4 2025243247
Q1 2026259257
Q2 2026296205

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 25 calls: $12.1mQ3 25 puts: $6.7mQ3 25P/C 0.55Q4 25 calls: $13.3mQ4 25 puts: $14.2mQ4 25P/C 1.07Q1 26 calls: $1.1mQ1 26 puts: $4.5mQ1 26P/C 4.23Q2 26 calls: $992.6kQ2 26 puts: $1.6mQ2 26P/C 1.58
Numbers
QuarterCallsPutsP/C
Q3 2025$12.1m$6.7m0.55
Q4 2025$13.3m$14.2m1.07
Q1 2026$1.1m$4.5m4.23
Q2 2026$992.6k$1.6m1.58

Biggest buyers

STATE STREET CORP Added +2,597,336+2.6m
American Family Investments, Inc. Added +2,117,623+2.1m
GRIMES & Co WEALTH MANAGEMENT, LLC New +1,638,298+1.6m
Man Group plc Added +1,092,079+1.1m
Counterpoint Mutual Funds LLC Added +715,354+715.4k
LPL Financial LLC Added +619,696+619.7k
NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC New +520,000+520.0k
ENVESTNET ASSET MANAGEMENT INC Added +424,952+425.0k
Envestnet Portfolio Solutions, Inc. Added +388,579+388.6k
ASSETMARK, INC Added +362,729+362.7k

Biggest sellers

WELLS FARGO & COMPANY/MN Reduced -4,627,669-4.6m
Gallagher Fiduciary Advisors, LLC Reduced -2,924,572-2.9m
TD Asset Management Inc Reduced -1,985,200-2.0m
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Sold out -1,221,000-1.2m
Mitsubishi UFJ Asset Management Co., Ltd. Reduced -609,931-609.9k
MORGAN STANLEY Reduced -359,077-359.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -339,162-339.2k
Merit Financial Group, LLC Reduced -188,513-188.5k
Sumitomo Mitsui DS Asset Management Company, Ltd Reduced -172,227-172.2k
RAYMOND JAMES FINANCIAL INC Reduced -162,116-162.1k

Biggest calls

CITADEL ADVISORS LLC Reduced $992.6k10.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.3m13.7k shares
CITADEL ADVISORS LLC Reduced $250.6k2.6k 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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 STATE STREET CORP 0.04% of their portfolio BOSTON, MA 13,671,85613.7m $1.3bn $1.3bn 0.04% Added +2.6m +2,597,336
2 ASSETMARK, INC 1.03% of their portfolio CONCORD, CA 6,237,8516.2m $601.1m $601.1m 1.03% Added +362.7k +362,729
3 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 5,892,5995.9m $567.9m $567.9m 0.03% Reduced -359.1k -359,077
4 American Family Investments, Inc. 9.88% of their portfolio MADISON, WI 5,682,6235.7m $547.6m $547.6m 9.88% Added +2.1m +2,117,623
5 Clark Capital Management Group, Inc. 1.94% of their portfolio PHILADELPHIA, PA 3,697,5163.7m $356.3m $356.3m 1.94% Reduced -32.7k -32,699
6 Japan Science & Technology Agency 5.29% of their portfolio TOKYO, M0 2,900,0002.9m $279.5m $279.5m 5.29% Unchanged
7 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 2,246,3892.2m $216.5m $216.5m 0.05% Added +425.0k +424,952
8 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 2,085,0742.1m $200.9m $200.9m 0.05% Added +619.7k +619,696
9 Ocean Park Asset Management, LLC 8.17% of their portfolio SANTA MONICA, CA 1,760,8241.8m $169.7m $169.7m 8.17% Reduced -145.6k -145,600
10 GRIMES & Co WEALTH MANAGEMENT, LLC 3.42% of their portfolio WESTBOROUGH, MA 1,638,2981.6m $157.9m $157.9m 3.42% New
11 Mitsubishi UFJ Asset Management Co., Ltd. 0.08% of their portfolio TOKYO, M0 1,552,1841.6m $149.3m $149.3m 0.08% Reduced -609.9k -609,931
12 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 1,471,4341.5m $141.6m $141.6m 0.03% Added +308.8k +308,757
13 Caisse de depot et placement du Quebec 0.20% of their portfolio Montreal, A8 1,471,1001.5m $141.8m $141.8m 0.20% Unchanged
14 Man Group plc 0.22% of their portfolio LONDON, X0 1,248,1691.2m $120.3m $120.3m 0.22% Added +1.1m +1,092,079
15 Thrivent Financial for Lutherans 0.19% of their portfolio Minneapolis, MN 1,155,2261.2m $110.7m $110.7m 0.19% Reduced -144.3k -144,332
16 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,082,8451.1m $104.4m $104.4m 0.02% Reduced -4.6m -4,627,669
17 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 904,163904.2k $87.1m $87.1m 0.01% Reduced -59.8k -59,766
18 Counterpoint Mutual Funds LLC 8.34% of their portfolio San Diego, CA 875,415875.4k $84.4m $84.4m 8.34% Added +715.4k +715,354
19 BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio PARIS, I0 819,437819.4k $79.0m $79.0m 0.04% Added +11.3k +11,297
20 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 796,681796.7k $76.8m $76.8m 0.01% Reduced -101.1k -101,129
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 715,074715.1k $68.9m $68.9m 0.00% Reduced -130.9k -130,917
22 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 646,020646.0k $62.3m $62.3m 0.03% Reduced -2.0k -1,985
23 BLB&B Advisors, LLC 2.25% of their portfolio MONTGOMERYVILLE, PA 639,284639.3k $61.6m $61.6m 2.25% Added +54.7k +54,735
24 Envestnet Portfolio Solutions, Inc. 0.27% of their portfolio BERWYN, PA 593,914593.9k $57.2m $57.2m 0.27% Added +388.6k +388,579
25 NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC 0.59% of their portfolio MILWAUKEE, WI 520,000520.0k $50.1m $50.1m 0.59% New
26 MEEDER ASSET MANAGEMENT INC 2.53% of their portfolio DUBLIN, OH 512,966513.0k $49.4m $49.4m 2.53% Reduced -3.9k -3,901
27 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 505,738505.7k $48.7m $48.7m 0.01% Added +124.1k +124,130
28 UBS Group AG 0.01% of their portfolio ZURICH, V8 486,469486.5k $46.9m $46.9m 0.01% Added +34.2k +34,241
29 Bank Julius Baer & Co. Ltd, Zurich 0.10% of their portfolio ZURICH, V8 420,461420.5k $40.5m $40.5m 0.10% Reduced -1.8k -1,806
30 Aristotle Pacific Capital, LLC 18.11% of their portfolio NEWPORT BEACH, CA 395,000395.0k $38.1m $38.1m 18.11% Added +160.0k +160,000
31 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 353,834353.8k $34.1m $34.1m 0.03% Added +36.5k +36,548
32 TOEWS CORP /ADV 4.64% of their portfolio NORTHFIELD, NJ 330,000330.0k $31.8m $31.8m 4.64% New
33 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 319,246319.2k $30.8m $30.8m 0.01% Added +306.0k +305,990
34 ALLSTATE CORP 0.30% of their portfolio NORTHBROOK, IL 316,000316.0k $30.5m $30.5m 0.30% Added +206.0k +206,000
35 Checchi Capital Advisers, LLC 1.86% of their portfolio BEVERLY HILLS, CA 304,019304.0k $29.3m $29.3m 1.86% Added +7.9k +7,933
36 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 287,794287.8k $27.7m $27.7m 0.03% Added +156.2k +156,208
37 CAPSTONE INVESTMENT ADVISORS, LLC 0.19% of their portfolio NEW YORK, NY 277,601277.6k $26.8m $26.8m 0.19% New
38 Howard Capital Management, LLC 0.31% of their portfolio Alpharetta, GA 269,034269.0k $25.9m $25.9m 0.31% Added +10.5k +10,466
39 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 260,785260.8k $25.1m $25.1m 0.05% Added +35.0k +35,017
40 CNO Financial Group, Inc. 14.30% of their portfolio Carmel, IN 259,200259.2k $25.0m $25.0m 14.30% Unchanged
41 Tower Research Capital LLC (TRC) 0.60% of their portfolio NEW YORK, NY 256,263256.3k $24.7m $24.7m 0.60% Added +244.6k +244,565
42 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 254,690254.7k $24.5m $24.5m 0.01% Reduced -10.7k -10,680
43 Sumitomo Mitsui DS Asset Management Company, Ltd 0.16% of their portfolio TOKYO, M0 238,216238.2k $23.0m $23.0m 0.16% Reduced -172.2k -172,227
44 PARK AVENUE SECURITIES LLC 0.13% of their portfolio NEW YORK, NY 220,374220.4k $21.2m $21.2m 0.13% Added +61.8k +61,770
45 EXCHANGE TRADED CONCEPTS, LLC 0.10% of their portfolio Oklahoma City, OK 218,666218.7k $21.1m $21.1m 0.10% Added +15.9k +15,870
46 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 211,662211.7k $20.4m $20.4m 0.01% Added +151.3k +151,267
47 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 199,845199.8k $19.3m $19.3m 0.01% Reduced -162.1k -162,116
48 TD Asset Management Inc 0.02% of their portfolio Toronto, A6 195,282195.3k $18.8m $18.8m 0.02% Reduced -2.0m -1,985,200
49 Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio SEOUL, M5 177,000177.0k $17.1m $17.1m 0.03% Added +17.0k +17,000
50 Berkshire Money Management, Inc. 1.54% of their portfolio DALTON, MA 174,941174.9k $16.9m $16.9m 1.54% Added +2.3k +2,290
51 Silverleafe Capital Partners, LLC 4.31% of their portfolio GERMANTOWN, TN 164,073164.1k $15.8m $15.8m 4.31% Reduced -5.1k -5,120
52 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 162,534162.5k $15.7m $15.7m 0.02% Reduced -70.4k -70,444
53 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 161,700161.7k $15.6m $15.6m 0.02% Added +157.2k +157,200
54 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 161,632161.6k $15.6m $15.6m 0.01% Added +64.9k +64,859
55 Idaho Trust Co 3.99% of their portfolio BOISE, ID 141,661141.7k $13.7m $13.7m 3.99% Added +8.2k +8,219
56 Symmetry Partners, LLC 0.70% of their portfolio GLASTONBURY, CT 141,573141.6k $13.6m $13.6m 0.70% Added +8.7k +8,720
57 GUGGENHEIM CAPITAL LLC 0.09% of their portfolio CHICAGO, IL 138,427138.4k $13.3m $13.3m 0.09% Added +1.6k +1,626
58 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 138,001138.0k $13.3m $13.3m 0.02% Added +70.6k +70,629
59 Jessup Wealth Management, Inc 3.96% of their portfolio DAYTON, OH 137,830137.8k $13.3m $13.3m 3.96% Added +3.0k +3,047
60 Crabel Capital Management, LLC 9.43% of their portfolio MILWAUKEE, WI 133,948133.9k $12.9m $12.9m 9.43% New
61 NewSquare Capital LLC 0.95% of their portfolio NEWTOWN SQUARE, PA 132,363132.4k $12.8m $12.8m 0.95% Added +4.8k +4,772
62 PRINCIPAL SECURITIES, INC. 0.15% of their portfolio DES MOINES, IA 129,523129.5k $12.5m $12.5m 0.15% Added +47.1k +47,142
63 Altura Wealth Advisors Inc. 4.08% of their portfolio SANTA CLARA, CA 125,451125.5k $12.1m $12.1m 4.08% Added +14.1k +14,118
64 Integrated Wealth Concepts LLC 0.06% of their portfolio WALTHAM, MA 117,188117.2k $11.3m $11.3m 0.06% Added +61.3k +61,289
65 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 112,735112.7k $10.9m $10.9m 0.01% New
66 PRUDENTIAL PLC 0.07% of their portfolio LONDON, X0 110,004110.0k $10.6m $10.6m 0.07% New
67 Somnio Financial Group, LLC 6.12% of their portfolio GLASTONBURY, CT 107,198107.2k $10.3m $10.3m 6.12% Added +5.0k +5,023
68 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 93,51593.5k $9.0m $9.0m 0.03% Added +48.5k +48,535
69 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 89,30089.3k $8.6m $8.6m 0.01% Added +26.7k +26,700
70 FLPUTNAM INVESTMENT MANAGEMENT CO 0.10% of their portfolio PORTLAND, ME 88,48388.5k $8.5m $8.5m 0.10% New
71 Jefferies Financial Group Inc. 0.08% of their portfolio NEW YORK, NY 86,66586.7k $8.4m $8.4m 0.08% New
72 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 85,34485.3k $8.2m $8.2m 0.01% Added +44.7k +44,673
73 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 83,89283.9k $8.1m $8.1m 0.00% Added +4.8k +4,817
74 Aspire Private Capital, LLC 1.67% of their portfolio Cornelius, NC 83,65583.7k $8.1m $8.1m 1.67% Added +47.9k +47,920
75 NOMURA ASSET MANAGEMENT CO LTD 0.02% of their portfolio TOKYO, M0 81,43381.4k $7.8m $7.8m 0.02% Unchanged
76 Gateway Wealth Partners, LLC 0.47% of their portfolio APPLETON, WI 80,64380.6k $7.8m $7.8m 0.47% Added +6.8k +6,816
77 STRATEGIC INVESTMENT MANAGEMENT, LLC 2.65% of their portfolio ARLINGTON, VA 79,82079.8k $7.7m $7.7m 2.65% Unchanged
78 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 78,20078.2k $7.5m $7.5m 0.01% Unchanged
79 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 75,47175.5k $7.3m $7.3m 0.02% Added +13.1k +13,139
80 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 75,13875.1k $7.2m $7.2m 0.04% Reduced -26.0k -26,032
81 Hibernia Wealth Partners, LLC 3.80% of their portfolio BATON ROUGE, LA 72,82472.8k $7.0m $7.0m 3.80% Reduced -60.0k -60,000
82 Brindle & Bay Financial Advisors, LLC 3.50% of their portfolio FRISCO, TX 72,62372.6k $7.0m $7.0m 3.50% Added +24.3k +24,315
83 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.04% of their portfolio IRVING, TX 70,05670.1k $6.7m $6.7m 0.04% Added +1.3k +1,334
84 IFG Advisory, LLC 0.23% of their portfolio ATLANTA, GA 68,84168.8k $6.6m $6.6m 0.23% New
85 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 68,82468.8k $6.6m $6.6m 0.00% Added +761 +761
86 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 68,70268.7k $6.6m $6.6m 0.01% Reduced -1.3k -1,254
87 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 68,49768.5k $6.6m $6.6m 0.00% Unchanged
88 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 67,72167.7k $6.5m $6.5m 0.00% Added +6.6k +6,600
89 Prudent Man Advisors, LLC 1.49% of their portfolio NAPERVILLE, IL 67,68467.7k $6.5m $6.5m 1.49% Added +56.6k +56,551
90 Gotham Asset Management, LLC 0.01% of their portfolio NEW YORK, NY 65,70465.7k $6.3m $6.3m 0.01% Added +3.5k +3,487
91 Prospera Financial Services Inc 0.09% of their portfolio Dallas, TX 65,68465.7k $6.3m $6.3m 0.09% Added +72 +72
92 Apella Capital, LLC 0.09% of their portfolio WEST HARTFORD, CT 64,33364.3k $6.2m $6.2m 0.09% Reduced -3.0k -3,017
93 Summit Financial, LLC 0.07% of their portfolio PARSIPPANY, NJ 63,85863.9k $6.2m $6.2m 0.07% Added +1.1k +1,093
94 Prime Capital Investment Advisors, LLC 0.06% of their portfolio OVERLAND PARK, KS 62,53462.5k $6.0m $6.0m 0.06% Reduced -50.0k -49,991
95 Hilltop Holdings Inc. 0.48% of their portfolio DALLAS, TX 61,64161.6k $5.9m $5.9m 0.48% Reduced -18.1k -18,113
96 LANDMARK WEALTH MANAGEMENT, INC. 1.96% of their portfolio NORMAL, IL 61,59861.6k $5.9m $5.9m 1.96% Added +37.6k +37,620
97 Navigation Wealth Management, Inc. 7.98% of their portfolio FORT COLLINS, CO 60,13060.1k $5.8m $5.8m 7.98% Added +37.9k +37,940
98 Up Capital Management, Inc. 4.43% of their portfolio ROSEVILLE, CA 59,35859.4k $5.7m $5.7m 4.43% Reduced -8.0k -8,029
99 Sound Income Strategies, LLC 0.25% of their portfolio FT LAUDERDALE, FL 58,03958.0k $5.6m $5.6m 0.25% Reduced -732 -732
100 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 56,19756.2k $5.4m $5.4m 0.01% Reduced -18.4k -18,402