Vault-13

SPDR SER TR BIL

BLOOMBERG 1-3 MO · ETP · CUSIP 78468R663

854 institutional holders +59 vs Q1 2023
186,922,007186.9m shares reported held*
$17.2bnreported value*
123 new 302 added 330 reduced 76 sold out net sold ≈ $2.9bn (-31.6m 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 ($76.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $92.00. Options: 2 managers hold calls ($2.2m notional), 3 hold puts ($7.4m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 583Q4 22: 690Q1 23: 795Q2 23: 854854Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022583
Q4 2022690
Q1 2023795
Q2 2023854

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q4 22: 384 bought or addedQ4 22: 259 cut or sold outQ4 22Q1 23: 473 bought or addedQ1 23: 321 cut or sold outQ1 23Q2 23: 425 bought or addedQ2 23: 406 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022384259
Q1 2023473321
Q2 2023425406

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ3 22 calls: $3.0mQ3 22 puts: $672.0kQ3 22P/C 0.22Q4 22 calls: $850.7kQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $468.8kQ1 23 puts: $973.3kQ1 23P/C 2.08Q2 23 calls: $2.2mQ2 23 puts: $7.4mQ2 23P/C 3.41
Numbers
QuarterCallsPutsP/C
Q3 2022$3.0m$672.0k0.22
Q4 2022$850.7k$00.00
Q1 2023$468.8k$973.3k2.08
Q2 2023$2.2m$7.4m3.41

Biggest buyers

WEDBUSH SECURITIES INC Added +1,652,759+1.7m
Capital Investment Advisory Services, LLC Added +1,327,204+1.3m
CAPTRUST FINANCIAL ADVISORS Added +1,131,260+1.1m
Main Management ETF Advisors, LLC New +1,027,175+1.0m
Clarity Financial LLC Added +993,444+993.4k
FLOW TRADERS U.S. LLC Added +968,618+968.6k
Capital Wealth Planning, LLC Added +812,357+812.4k
FMR LLC Added +763,446+763.4k
OSAIC HOLDINGS, INC. Added +605,923+605.9k
VitalStone Financial, LLC Added +573,351+573.4k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -5,301,655-5.3m
ASSETMARK, INC Reduced -4,743,343-4.7m
AMERIPRISE FINANCIAL INC Reduced -4,348,443-4.3m
Allworth Financial LP Reduced -3,952,138-4.0m
MERCER GLOBAL ADVISORS INC /ADV Reduced -2,705,253-2.7m
GOLDMAN SACHS GROUP INC Reduced -1,885,450-1.9m
WIN ADVISORS, INC Reduced -1,705,419-1.7m
Elm Partners Management LLC Reduced -1,661,024-1.7m
Howard Capital Management, LLC Reduced -1,319,417-1.3m
PFS INVESTMENTS INC. Reduced -1,306,600-1.3m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $2.1m22.5k shares
CITADEL ADVISORS LLC Reduced $110.2k1.2k shares

Biggest puts

IAMS WEALTH MANAGEMENT, LLC New $6.1m66.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.3m13.8k shares
CITADEL ADVISORS LLC New $82.6k900 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.15% of their portfolio NEW YORK, NY 16,906,06416.9m $1.6bn $1.6bn 0.15% Reduced -146.4k -146,402
2 BANK OF AMERICA CORP /DE/ 0.16% of their portfolio CHARLOTTE, NC 14,781,67814.8m $1.4bn $1.4bn 0.16% Reduced -700.7k -700,720
3 CAPTRUST FINANCIAL ADVISORS 3.60% of their portfolio RALEIGH, NC 9,952,05010.0m $913.8m $913.8m 3.60% Added +1.1m +1,131,260
4 UBS Group AG 0.28% of their portfolio ZURICH, V8 7,134,8257.1m $655.1m $655.1m 0.28% Reduced -420.5k -420,477
5 LPL Financial LLC 0.46% of their portfolio FORT MILL, SC 6,929,4346.9m $636.3m $636.3m 0.46% Reduced -57.5k -57,521
6 TRUIST FINANCIAL CORP 0.88% of their portfolio CHARLOTTE, NC 5,782,1845.8m $530.9m $530.9m 0.88% Added +68.7k +68,703
7 WELLS FARGO & COMPANY/MN 0.14% of their portfolio SAN FRANCISCO, CA 5,320,8115.3m $488.6m $488.6m 0.14% Reduced -483.5k -483,499
8 ROYAL BANK OF CANADA 0.12% of their portfolio TORONTO, A6 4,552,3884.6m $418.0m $418.0m 0.12% Reduced -272.9k -272,862
9 ENVESTNET ASSET MANAGEMENT INC 0.18% of their portfolio Berwyn, PA 4,428,7164.4m $406.6m $406.6m 0.18% Reduced -5.3m -5,301,655
10 STIFEL FINANCIAL CORP 0.55% of their portfolio ST. LOUIS, MO 4,388,6004.4m $403.0m $403.0m 0.55% Reduced -189.8k -189,792
11 Capital Wealth Planning, LLC 4.06% of their portfolio NAPLES, FL 3,583,9563.6m $329.1m $329.1m 4.06% Added +812.4k +812,357
12 AMERIPRISE FINANCIAL INC 0.09% of their portfolio MINNEAPOLIS, MN 3,128,4263.1m $285.8m $285.8m 0.09% Reduced -4.3m -4,348,443
13 AE Wealth Management LLC 1.64% of their portfolio TOPEKA, KS 2,962,6253.0m $272.0m $272.0m 1.64% Reduced -1.2m -1,223,953
14 OSAIC HOLDINGS, INC. 0.45% of their portfolio SCOTTSDALE, AZ 2,747,4742.7m $252.2m $252.2m 0.45% Added +605.9k +605,923
15 WEDBUSH SECURITIES INC 9.82% of their portfolio PASADENA, CA 2,241,4732.2m $205.8m $205.8m 9.82% Added +1.7m +1,652,759
16 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 2.56% of their portfolio Madrid, U3 2,142,7352.1m $196.8m $196.8m 2.56% Reduced -315.4k -315,410
17 CWM, LLC 1.14% of their portfolio OMAHA, NE 2,011,6242.0m $184.7m $184.7m 1.14% Added +344.6k +344,554
18 GeoWealth Management, LLC 19.62% of their portfolio CHICAGO, IL 1,977,2382.0m $181.6m $181.6m 19.62% Added +42.6k +42,646
19 Raymond James Financial Services Advisors, Inc. 0.29% of their portfolio ST. PETERSBURG, FL 1,803,9781.8m $165.6m $165.6m 0.29% Added +136.0k +135,984
20 Foundations Investment Advisors, LLC 4.88% of their portfolio PHOENIX, AZ 1,604,2191.6m $147.3m $147.3m 4.88% Added +480.4k +480,374
21 SEI INVESTMENTS CO 0.26% of their portfolio OAKS, PA 1,599,7531.6m $146.9m $146.9m 0.26% Reduced -560 -560
22 OPPENHEIMER ASSET MANAGEMENT INC. 2.11% of their portfolio NEW YORK, NY 1,561,6271.6m $143.4m $143.4m 2.11% Added +104.0k +103,998
23 Capital Investment Advisory Services, LLC 13.83% of their portfolio RALEIGH, NC 1,522,6381.5m $139.8m $139.8m 13.83% Added +1.3m +1,327,204
24 JANE STREET GROUP, LLC 0.19% of their portfolio NEW YORK, NY 1,493,4561.5m $137.1m $137.1m 0.19% Reduced -646.4k -646,403
25 Cambridge Investment Research Advisors, Inc. 0.59% of their portfolio FAIRFIELD, IA 1,411,6271.4m $129.6m $129.6m 0.59% Reduced -453.3k -453,330
26 FLOW TRADERS U.S. LLC 4.53% of their portfolio NEW YORK, NY 1,136,1951.1m $104.3m $104.3m 4.53% Added +968.6k +968,618
27 Trek Financial, LLC 9.18% of their portfolio Scottsdale, AZ 1,134,4411.1m $104.2m $104.2m 9.18% Reduced -227.2k -227,165
28 Clarity Financial LLC 14.44% of their portfolio Houston, TX 1,055,9471.1m $97.0m $97.0m 14.44% Added +993.4k +993,444
29 Main Management ETF Advisors, LLC 6.83% of their portfolio SAN FRANCISCO, CA 1,027,1751.0m $94.3m $94.3m 6.83% New
30 CWA Asset Management Group, LLC 6.35% of their portfolio NAPLES, FL 1,005,5561.0m $92.3m $92.3m 6.35% Reduced -452.3k -452,335
31 FMR LLC 0.01% of their portfolio BOSTON, MA 985,490985.5k $90.5m $90.5m 0.01% Added +763.4k +763,446
32 PIERSHALE FINANCIAL GROUP, INC. 57.40% of their portfolio BARRINGTON, IL 981,076981.1k $90.1m $90.1m 57.40% Reduced -300.5k -300,463
33 MERCER GLOBAL ADVISORS INC /ADV 0.33% of their portfolio DENVER, CO 913,007913.0k $83.8m $83.8m 0.33% Reduced -2.7m -2,705,253
34 MBL Wealth, LLC 11.80% of their portfolio CHARLOTTE, NC 910,477910.5k $83.6m $83.6m 11.80% Reduced -17.3k -17,288
35 Brookstone Capital Management 1.53% of their portfolio WHEATON, IL 832,629832.6k $76.2m $76.2m 1.53% Reduced -79.7k -79,663
36 Fortis Group Advisors, LLC 19.93% of their portfolio WESTWOOD, NJ 817,717817.7k $75.1m $75.1m 19.93% Reduced -103.6k -103,566
37 Cypress Capital, LLC 21.01% of their portfolio FRANKLIN, TN 795,912795.9k $73.1m $73.1m 21.01% Added +63.7k +63,721
38 RITHOLTZ WEALTH MANAGEMENT 3.12% of their portfolio NEW YORK, NY 754,647754.6k $69.3m $69.3m 3.12% Added +51.7k +51,724
39 RIA Advisory Group LLC 29.74% of their portfolio Des Moines, IA 752,905752.9k $69.1m $69.1m 29.74% Added +189.9k +189,921
40 Creative Planning 0.09% of their portfolio OVERLAND PARK, KS 743,601743.6k $68.3m $68.3m 0.09% Added +36.7k +36,712
41 Beacon Capital Management, Inc. 2.37% of their portfolio DAYTON, OH 740,077740.1k $68.0m $68.0m 2.37% Added +138.7k +138,734
42 Cetera Advisor Networks LLC 0.47% of their portfolio EL SEGUNDO, CA 730,921730.9k $67.1m $67.1m 0.47% Reduced -161.6k -161,647
43 St. James Investment Company, LLC 9.08% of their portfolio SOUTHLAKE, TX 680,114680.1k $62.4m $62.4m 9.08% Reduced -27.3k -27,289
44 Mariner, LLC 0.16% of their portfolio Overland Park, KS 654,510654.5k $60.1m $60.1m 0.16% Added +48.9k +48,949
45 AGF MANAGEMENT LTD 0.43% of their portfolio TORONTO, A6 645,423645.4k $59.3m $59.3m 0.43% Reduced -34.4k -34,413
46 Advisory Services Network, LLC 1.55% of their portfolio ATLANTA, GA 632,877632.9k $58.1m $58.1m 1.55% Reduced -3.1k -3,092
47 WESTWOOD HOLDINGS GROUP INC 0.51% of their portfolio DALLAS, TX 624,552624.6k $57.3m $57.3m 0.51% Reduced -371.9k -371,859
48 ASSETMARK, INC 0.22% of their portfolio CONCORD, CA 623,664623.7k $57.3m $57.3m 0.22% Reduced -4.7m -4,743,343
49 Second Half Financial Partners, LLC 13.00% of their portfolio SEBRING, FL 619,763619.8k $56.9m $56.9m 13.00% Reduced -191.1k -191,063
50 Synergy Asset Management, LLC 13.77% of their portfolio VANCOUVER, WA 605,997606.0k $55.6m $55.6m 13.77% Added +17.7k +17,741
51 IFP Advisors, Inc 1.19% of their portfolio TAMPA, FL 592,754592.8k $54.4m $54.4m 1.19% Added +297.8k +297,762
52 Dakota Wealth Management 2.52% of their portfolio PALM BEACH GARDENS, FL 582,632582.6k $53.5m $53.5m 2.52% Reduced -111.2k -111,219
53 VitalStone Financial, LLC 29.50% of their portfolio SHAVANO PARK, TX 575,190575.2k $52.8m $52.8m 29.50% Added +573.4k +573,351
54 Baird Financial Group, Inc. 0.14% of their portfolio MILWAUKEE, WI 573,534573.5k $52.7m $52.7m 0.14% Added +92.8k +92,776
55 Private Advisor Group, LLC 0.40% of their portfolio MORRISTOWN, NJ 500,268500.3k $45.9m $45.9m 0.40% Added +185.5k +185,458
56 CITIGROUP INC 0.06% of their portfolio NEW YORK, NY 497,822497.8k $45.7m $45.7m 0.06% Added +31.9k +31,886
57 Retireful, LLC 17.22% of their portfolio HASLETT, MI 495,596495.6k $45.5m $45.5m 17.22% Reduced -1.1m -1,091,242
58 Banco Santander, S.A. 0.59% of their portfolio Madrid, U3 491,368491.4k $45.1m $45.1m 0.59% Added +29.2k +29,216
59 AXXCESS WEALTH MANAGEMENT, LLC 3.26% of their portfolio CARLSBAD, CA 490,063490.1k $45.0m $45.0m 3.26% Reduced -5.0k -5,003
60 RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio ST PETERSBURG, FL 489,073489.1k $44.9m $44.9m 0.04% Reduced -56.0k -56,012
61 BRASADA CAPITAL MANAGEMENT, LP 9.87% of their portfolio HOUSTON, TX 488,749488.7k $44.9m $44.9m 9.87% Added +22.7k +22,652
62 HSBC HOLDINGS PLC 0.05% of their portfolio LONDON, X0 484,010484.0k $44.4m $44.4m 0.05% Unchanged
63 Park Edge Advisors, LLC 14.68% of their portfolio Cleveland, OH 473,273473.3k $43.5m $43.5m 14.68% Added +12.5k +12,486
64 Equitable Holdings, Inc. 0.62% of their portfolio NEW YORK, NY 471,666471.7k $43.3m $43.3m 0.62% Reduced -830.2k -830,154
65 Fort Point Capital Partners LLC 6.50% of their portfolio San Francisco, CA 468,710468.7k $43.0m $43.0m 6.50% Added +163.1k +163,053
66 Acorns Advisers, LLC 0.57% of their portfolio IRVINE, CA 459,172459.2k $42.2m $42.2m 0.57% Reduced -8.3k -8,270
67 Spire Wealth Management 1.55% of their portfolio MCLEAN, VA 456,541456.5k $41.9m $41.9m 1.55% Reduced -17.9k -17,857
68 Dean, Jacobson Financial Services, LLC 37.28% of their portfolio FORT WORTH, TX 448,459448.5k $41.2m $41.2m 37.28% Reduced -4.0k -4,017
69 Vigilare Wealth Management 23.52% of their portfolio SCOTTSDALE, AZ 443,999444.0k $40.8m $40.8m 23.52% Reduced -68.8k -68,784
70 Financial & Tax Architects, LLC 12.55% of their portfolio ST LOUIS, MO 442,827442.8k $40.7m $40.7m 12.55% Reduced -89.3k -89,347
71 Astor Investment Management LLC 13.55% of their portfolio CHICAGO, IL 435,091435.1k $40.0m $40.0m 13.55% Reduced -23.8k -23,836
72 NATIONAL BANK OF CANADA /FI/ 0.09% of their portfolio MONTREAL, A8 433,185433.2k $43.0m $43.0m 0.09% Reduced -82.9k -82,949
73 B. Riley Wealth Advisors, Inc. 0.88% of their portfolio MEMPHIS, TN 426,303426.3k $39.1m $39.1m 0.88% Reduced -6.3k -6,272
74 HighTower Advisors, LLC 0.08% of their portfolio CHICAGO, IL 424,606424.6k $38.9m $38.9m 0.08% Reduced -133.8k -133,815
75 Impact Partnership Wealth, LLC 12.77% of their portfolio MARIETTA, GA 400,155400.2k $36.7m $36.7m 12.77% First filing
76 Elm Partners Management LLC 3.69% of their portfolio Philadelphia, PA 398,904398.9k $36.6m $36.6m 3.69% Reduced -1.7m -1,661,024
77 Global Retirement Partners, LLC 1.76% of their portfolio San Rafael, CA 393,449393.4k $36.1m $36.1m 1.76% Added +99.4k +99,365
78 Teamwork Financial Advisors, LLC 5.74% of their portfolio San Antonio, TX 385,007385.0k $35.4m $35.4m 5.74% Added +247.0k +246,958
79 RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio NEW YORK, NY 382,700382.7k $35.1m $35.1m 0.05% Unchanged
80 Jordan Park Group LLC 2.31% of their portfolio SAN FRANCISCO, CA 382,295382.3k $35.1m $35.1m 2.31% Reduced -80.0k -79,997
81 SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio London, X0 371,322371.3k $34.1m $34.1m 0.05% Added +99.8k +99,765
82 Scharf Investments, LLC 1.02% of their portfolio LOS GATOS, CA 369,262369.3k $33.9m $33.9m 1.02% Reduced -171.3k -171,260
83 Integrated Advisors Network LLC 1.93% of their portfolio DALLAS, TX 364,536364.5k $33.5m $33.5m 1.93% Reduced -367.1k -367,117
84 Full Sail Capital, LLC 2.77% of their portfolio OKLAHOMA CITY, OK 353,732353.7k $32.5m $32.5m 2.77% New
85 MML INVESTORS SERVICES, LLC 0.18% of their portfolio SPRINGFIELD, MA 347,421347.4k $31.9m $31.9m 0.18% Added +53.4k +53,392
86 Atria Investments, Inc 0.57% of their portfolio Charlotte, NC 343,117343.1k $31.5m $31.5m 0.57% Reduced -11.4k -11,427
87 WIN ADVISORS, INC 51.34% of their portfolio PALM BEACH GARDENS, FL 340,644340.6k $38.4m $38.4m 51.34% Reduced -1.7m -1,705,419
88 First Eagle Investment Management, LLC 0.08% of their portfolio NEW YORK, NY 338,617338.6k $31.1m $31.1m 0.08% New
89 Auour Investments LLC 13.15% of their portfolio WOBURN, MA 337,269337.3k $31.0m $31.0m 13.15% First filing
90 Freedom Investment Management, Inc. 3.45% of their portfolio SOUTH WINDSOR, CT 335,194335.2k $30.8m $30.8m 3.45% Added +39.2k +39,241
91 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 331,516331.5k $30.4m $30.4m 0.04% Added +140.0k +139,967
92 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.64% of their portfolio BOSTON, MA 325,172325.2k $29.9m $29.9m 0.64% Added +237.0k +237,004
93 IronBridge Private Wealth, LLC 16.54% of their portfolio Austin, TX 320,424320.4k $29.4m $29.4m 16.54% Reduced -100.8k -100,768
94 TECTONIC ADVISORS LLC 3.62% of their portfolio FRISCO, TX 319,765319.8k $29.4m $29.4m 3.62% Added +167.5k +167,467
95 Cetera Investment Advisers 0.24% of their portfolio SCHAUMBURG, IL 313,765313.8k $28.8m $28.8m 0.24% Reduced -791.9k -791,913
96 Delta Investment Management, LLC 7.87% of their portfolio SAN FRANCISCO, CA 312,933312.9k $28.7m $28.7m 7.87% Reduced -574.8k -574,753
97 Invst, LLC 4.09% of their portfolio INDIANAPOLIS, IN 307,923307.9k $28.3m $28.3m 4.09% Added +186.4k +186,433
98 Federation des caisses Desjardins du Quebec 0.27% of their portfolio LEVIS, A8 304,847304.8k $28.0m $28.0m 0.27% Reduced -859.3k -859,253
99 Winch Advisory Services, LLC 9.93% of their portfolio Appleton, WI 301,097301.1k $27.6m $27.6m 9.93% Added +418 +418
100 GTS SECURITIES LLC 0.87% of their portfolio NEW YORK, NY 300,991301.0k $27.6m $27.6m 0.87% First filing