Vault-13

SPDR SER TR BIL

BLOOMBERG 1-3 MO · ETP · CUSIP 78468R663

872 institutional holders +18 vs Q2 2023
199,382,777199.4m shares reported held*
$19.3bnreported value*
93 new 392 added 293 reduced 77 sold out net bought ≈ $1.1bn (+12.1m 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 ($38.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $96.83. Options: 3 managers hold calls ($2.6m notional), 2 hold puts ($5.1m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 583Q4 22: 690Q1 23: 795Q2 23: 854Q3 23: 872872Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022583
Q4 2022690
Q1 2023795
Q2 2023854
Q3 2023872

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 23Q3 23: 485 bought or addedQ3 23: 370 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022384259
Q1 2023473321
Q2 2023425406
Q3 2023485370

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ4 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 3.41Q3 23 calls: $2.6mQ3 23 puts: $5.1mQ3 23P/C 1.98
Numbers
QuarterCallsPutsP/C
Q4 2022$850.7k$00.00
Q1 2023$468.8k$973.3k2.08
Q2 2023$2.2m$7.4m3.41
Q3 2023$2.6m$5.1m1.98

Biggest buyers

EAGLE CAPITAL MANAGEMENT LLC Added +1,808,726+1.8m
Capital Wealth Planning, LLC Added +1,730,491+1.7m
LPL Financial LLC Added +1,623,239+1.6m
AMERIPRISE FINANCIAL INC Added +1,484,395+1.5m
Trilogy Capital Inc. Added +832,179+832.2k
Choate Investment Advisors New +767,271+767.3k
OSAIC HOLDINGS, INC. Added +747,534+747.5k
Apollon Wealth Management, LLC Added +687,709+687.7k
Equitable Holdings, Inc. Added +684,424+684.4k
GTS SECURITIES LLC Added +681,408+681.4k

Biggest sellers

WEDBUSH SECURITIES INC Reduced -2,131,499-2.1m
JANE STREET GROUP, LLC Reduced -1,336,482-1.3m
GeoWealth Management, LLC Reduced -1,188,257-1.2m
FLOW TRADERS U.S. LLC Sold out -1,136,195-1.1m
Main Management ETF Advisors, LLC Reduced -955,360-955.4k
Clarity Financial LLC Reduced -916,066-916.1k
MORGAN STANLEY Reduced -762,835-762.8k
CAPTRUST FINANCIAL ADVISORS Reduced -730,569-730.6k
Beacon Capital Management, Inc. Reduced -631,042-631.0k
UBS Group AG Reduced -534,641-534.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.3m25.5k shares
CITADEL ADVISORS LLC Added $220.4k2.4k shares
Private Advisor Group, LLC New $16.3k17.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.5m48.8k shares
CITADEL ADVISORS LLC Added $633.6k6.9k 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.15% of their portfolio NEW YORK, NY 16,143,22916.1m $1.5bn $1.5bn 0.15% Reduced -762.8k -762,835
2 BANK OF AMERICA CORP /DE/ 0.17% of their portfolio CHARLOTTE, NC 14,874,59414.9m $1.4bn $1.4bn 0.17% Added +92.9k +92,916
3 CAPTRUST FINANCIAL ADVISORS 3.24% of their portfolio RALEIGH, NC 9,221,4819.2m $846.7m $846.7m 3.24% Reduced -730.6k -730,569
4 LPL Financial LLC 0.55% of their portfolio FORT MILL, SC 8,552,6738.6m $785.3m $785.3m 0.55% Added +1.6m +1,623,239
5 UBS Group AG 0.28% of their portfolio ZURICH, V8 6,600,1846.6m $606.0m $606.0m 0.28% Reduced -534.6k -534,641
6 WELLS FARGO & COMPANY/MN 0.16% of their portfolio SAN FRANCISCO, CA 5,570,6035.6m $511.5m $511.5m 0.16% Added +249.8k +249,792
7 TRUIST FINANCIAL CORP 0.82% of their portfolio CHARLOTTE, NC 5,343,6575.3m $490.7m $490.7m 0.82% Reduced -438.5k -438,527
8 Capital Wealth Planning, LLC 6.00% of their portfolio NAPLES, FL 5,314,4475.3m $488.0m $488.0m 6.00% Added +1.7m +1,730,491
9 STIFEL FINANCIAL CORP 0.61% of their portfolio ST. LOUIS, MO 4,757,2554.8m $436.8m $436.8m 0.61% Added +368.7k +368,655
10 AMERIPRISE FINANCIAL INC 0.14% of their portfolio MINNEAPOLIS, MN 4,612,8214.6m $423.4m $423.4m 0.14% Added +1.5m +1,484,395
11 ROYAL BANK OF CANADA 0.12% of their portfolio TORONTO, A6 4,596,5414.6m $422.1m $422.1m 0.12% Added +44.2k +44,153
12 ENVESTNET ASSET MANAGEMENT INC 0.18% of their portfolio Berwyn, PA 4,322,7244.3m $396.9m $396.9m 0.18% Reduced -106.0k -105,992
13 OSAIC HOLDINGS, INC. 0.47% of their portfolio SCOTTSDALE, AZ 3,495,0083.5m $320.9m $320.9m 0.47% Added +747.5k +747,534
14 AE Wealth Management LLC 1.79% of their portfolio TOPEKA, KS 3,266,0863.3m $299.9m $299.9m 1.79% Added +303.5k +303,461
15 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 2.57% of their portfolio Madrid, U3 2,099,8082.1m $191.1m $191.1m 2.57% Reduced -42.9k -42,927
16 CWM, LLC 1.17% of their portfolio OMAHA, NE 2,079,0072.1m $190.9m $190.9m 1.17% Added +67.4k +67,383
17 EAGLE CAPITAL MANAGEMENT LLC 0.84% of their portfolio New York, NY 1,978,4802.0m $181.7m $181.7m 0.84% Added +1.8m +1,808,726
18 OPPENHEIMER ASSET MANAGEMENT INC. 2.48% of their portfolio NEW YORK, NY 1,761,1461.8m $161.7m $161.7m 2.48% Added +199.5k +199,519
19 Cambridge Investment Research Advisors, Inc. 0.72% of their portfolio FAIRFIELD, IA 1,686,4851.7m $154.9m $154.9m 0.72% Added +274.9k +274,858
20 Foundations Investment Advisors, LLC 4.72% of their portfolio PHOENIX, AZ 1,670,9581.7m $153.4m $153.4m 4.72% Added +66.7k +66,739
21 Raymond James Financial Services Advisors, Inc. 0.28% of their portfolio ST. PETERSBURG, FL 1,669,5641.7m $153.3m $153.3m 0.28% Reduced -134.4k -134,414
22 SEI INVESTMENTS CO 0.26% of their portfolio OAKS, PA 1,599,8801.6m $146.9m $146.9m 0.26% Added +127 +127
23 Capital Investment Advisory Services, LLC 14.26% of their portfolio RALEIGH, NC 1,568,4001.6m $144.0m $144.0m 14.26% Added +45.8k +45,762
24 Equitable Holdings, Inc. 1.52% of their portfolio NEW YORK, NY 1,156,0901.2m $106.2m $106.2m 1.52% Added +684.4k +684,424
25 RAYMOND JAMES & ASSOCIATES 0.09% of their portfolio ST PETERSBURG, FL 1,134,2251.1m $104.1m $104.1m 0.09% Added +645.2k +645,152
26 ASSETMARK, INC 0.41% of their portfolio CONCORD, CA 1,119,3191.1m $102.8m $102.8m 0.41% Added +495.7k +495,655
27 Second Half Financial Partners, LLC 50.35% of their portfolio SEBRING, FL 1,100,9761.1m $101.1m $101.1m 50.35% Added +481.2k +481,213
28 CWA Asset Management Group, LLC 7.31% of their portfolio NAPLES, FL 1,077,2511.1m $98.9m $98.9m 7.31% Added +71.7k +71,695
29 Trek Financial, LLC 8.97% of their portfolio Scottsdale, AZ 1,068,2971.1m $98.1m $98.1m 8.97% Reduced -66.1k -66,144
30 Trilogy Capital Inc. 6.36% of their portfolio IRVINE, CA 1,023,2031.0m $94.0m $94.0m 6.36% Added +832.2k +832,179
31 Brookstone Capital Management 2.05% of their portfolio WHEATON, IL 1,018,1351.0m $93.4m $93.4m 2.05% Added +185.5k +185,506
32 GTS SECURITIES LLC 1.88% of their portfolio NEW YORK, NY 982,399982.4k $90.2m $90.2m 1.88% Added +681.4k +681,408
33 Fortis Group Advisors, LLC 27.00% of their portfolio WESTWOOD, NJ 959,274959.3k $88.1m $88.1m 27.00% Added +141.6k +141,557
34 St. Louis Financial Planners Asset Management, LLC 66.87% of their portfolio CHESTERFIELD, MO 913,362913.4k $83.5m $83.5m 66.87% Added +656.2k +656,156
35 Impact Partnership Wealth, LLC 25.73% of their portfolio MARIETTA, GA 900,539900.5k $82.7m $82.7m 25.73% Added +500.4k +500,384
36 MBL Wealth, LLC 11.63% of their portfolio CHARLOTTE, NC 899,411899.4k $82.6m $82.6m 11.63% Reduced -11.1k -11,066
37 Baird Financial Group, Inc. 0.22% of their portfolio MILWAUKEE, WI 882,279882.3k $81.0m $81.0m 0.22% Added +308.7k +308,745
38 Cetera Advisor Networks LLC 0.49% of their portfolio EL SEGUNDO, CA 851,588851.6k $78.2m $78.2m 0.49% Added +120.7k +120,667
39 Cypress Capital, LLC 22.27% of their portfolio FRANKLIN, TN 827,245827.2k $76.0m $76.0m 22.27% Added +31.3k +31,333
40 Mariner, LLC 0.20% of their portfolio Overland Park, KS 810,767810.8k $74.4m $74.4m 0.20% Added +156.3k +156,257
41 Apollon Wealth Management, LLC 3.65% of their portfolio MOUNT PLEASANT, SC 790,771790.8k $72.6m $72.6m 3.65% Added +687.7k +687,709
42 GeoWealth Management, LLC 8.22% of their portfolio CHICAGO, IL 788,981789.0k $72.4m $72.4m 8.22% Reduced -1.2m -1,188,257
43 RITHOLTZ WEALTH MANAGEMENT 3.22% of their portfolio NEW YORK, NY 781,972782.0k $71.8m $71.8m 3.22% Added +27.3k +27,325
44 Delta Investment Management, LLC 19.90% of their portfolio SAN FRANCISCO, CA 781,842781.8k $71.8m $71.8m 19.90% Added +468.9k +468,909
45 COMMONWEALTH EQUITY SERVICES, LLC 0.15% of their portfolio WALTHAM, MA 778,578778.6k $71.5m $71.5m 0.15% Added +532.0k +531,961
46 Creative Planning 0.09% of their portfolio OVERLAND PARK, KS 771,615771.6k $70.8m $70.8m 0.09% Added +28.0k +28,014
47 Choate Investment Advisors 2.76% of their portfolio BOSTON, MA 767,271767.3k $70.5m $70.5m 2.76% New
48 HighTower Advisors, LLC 0.13% of their portfolio CHICAGO, IL 747,484747.5k $68.6m $68.6m 0.13% Added +322.9k +322,878
49 Private Advisor Group, LLC 0.60% of their portfolio MORRISTOWN, NJ 729,090729.1k $66.9m $66.9m 0.60% Added +228.8k +228,822
50 Clear Creek Financial Management, LLC 11.50% of their portfolio SILVERDALE, WA 713,772713.8k $65.5m $65.5m 11.50% Added +603.6k +603,585
51 FMR LLC 0.01% of their portfolio BOSTON, MA 712,334712.3k $65.4m $65.4m 0.01% Reduced -273.2k -273,156
52 Advisory Services Network, LLC 1.75% of their portfolio ATLANTA, GA 709,530709.5k $65.1m $65.1m 1.75% Added +76.7k +76,653
53 WILBANKS SMITH & THOMAS ASSET MANAGEMENT LLC 2.12% of their portfolio NORFOLK, VA 667,565667.6k $61.3m $61.3m 2.12% Added +456.9k +456,868
54 Synergy Asset Management, LLC 11.97% of their portfolio VANCOUVER, WA 657,796657.8k $60.4m $60.4m 11.97% Added +51.8k +51,799
55 AXXCESS WEALTH MANAGEMENT, LLC 2.03% of their portfolio CARLSBAD, CA 649,689649.7k $59.7m $59.7m 2.03% Added +159.6k +159,626
56 MERCER GLOBAL ADVISORS INC /ADV 0.22% of their portfolio DENVER, CO 634,347634.3k $58.2m $58.2m 0.22% Reduced -278.7k -278,660
57 NATIONAL BANK OF CANADA /FI/ 0.10% of their portfolio MONTREAL, A8 631,825631.8k $57.6m $57.6m 0.10% Added +198.6k +198,640
58 WESTWOOD HOLDINGS GROUP INC 0.52% of their portfolio DALLAS, TX 603,652603.7k $55.4m $55.4m 0.52% Reduced -20.9k -20,900
59 Dakota Wealth Management 2.34% of their portfolio PALM BEACH GARDENS, FL 576,954577.0k $53.0m $53.0m 2.34% Reduced -5.7k -5,678
60 SYKON CAPITAL LLC 22.17% of their portfolio HARRISON, NY 563,865563.9k $51.8m $51.8m 22.17% Added +505.3k +505,282
61 Global Retirement Partners, LLC 2.56% of their portfolio San Rafael, CA 554,619554.6k $50.7m $50.7m 2.56% Added +161.2k +161,170
62 RENAISSANCE TECHNOLOGIES LLC 0.09% of their portfolio NEW YORK, NY 549,600549.6k $50.5m $50.5m 0.09% Added +166.9k +166,900
63 Fort Point Capital Partners LLC 8.11% of their portfolio San Francisco, CA 544,038544.0k $50.0m $50.0m 8.11% Added +75.3k +75,328
64 OLIVER LAGORE VANVALIN INVESTMENT GROUP 18.99% of their portfolio FLINT, MI 522,255522.3k $48.0m $48.0m 18.99% Added +414.8k +414,816
65 AGF MANAGEMENT LTD 0.34% of their portfolio TORONTO, A6 515,373515.4k $47.3m $47.3m 0.34% Reduced -130.1k -130,050
66 Banco Santander, S.A. 0.67% of their portfolio Madrid, U3 510,734510.7k $46.9m $46.9m 0.67% Added +19.4k +19,366
67 BRASADA CAPITAL MANAGEMENT, LP 10.84% of their portfolio HOUSTON, TX 507,526507.5k $46.5m $46.5m 10.84% Added +18.8k +18,777
68 HSBC HOLDINGS PLC 0.05% of their portfolio LONDON, X0 484,010484.0k $44.4m $44.4m 0.05% Unchanged
69 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 473,446473.4k $43.5m $43.5m 0.06% Added +141.9k +141,930
70 Acorns Advisers, LLC 0.58% of their portfolio IRVINE, CA 460,123460.1k $42.2m $42.2m 0.58% Added +951 +951
71 Sandhill Capital Partners LLC 3.74% of their portfolio BUFFALO, NY 436,100436.1k $40.0m $40.0m 3.74% Added +416.1k +416,145
72 Freedom Investment Management, Inc. 4.86% of their portfolio SOUTH WINDSOR, CT 432,301432.3k $39.7m $39.7m 4.86% Added +97.1k +97,107
73 Spire Wealth Management 1.50% of their portfolio MCLEAN, VA 429,437429.4k $39.4m $39.4m 1.50% Reduced -27.1k -27,104
74 CITIGROUP INC 0.06% of their portfolio NEW YORK, NY 428,391428.4k $39.3m $39.3m 0.06% Reduced -69.4k -69,431
75 Teamwork Financial Advisors, LLC 6.23% of their portfolio San Antonio, TX 415,540415.5k $38.2m $38.2m 6.23% Added +30.5k +30,533
76 SPROTT INC. 3.42% of their portfolio TORONTO, A6 413,316413.3k $37.9m $37.9m 3.42% Added +132.2k +132,186
77 TECTONIC ADVISORS LLC 3.47% of their portfolio FRISCO, TX 403,573403.6k $37.1m $37.1m 3.47% Added +83.8k +83,808
78 Cetera Investment Advisers 0.32% of their portfolio SCHAUMBURG, IL 402,483402.5k $37.0m $37.0m 0.32% Added +88.7k +88,718
79 Integrated Advisors Network LLC 2.27% of their portfolio DALLAS, TX 401,537401.5k $36.9m $36.9m 2.27% Added +37.0k +37,001
80 Capital Asset Advisory Services LLC 2.49% of their portfolio Williamston, MI 397,425397.4k $36.4m $36.4m 2.49% Added +196.6k +196,628
81 Park Edge Advisors, LLC 12.99% of their portfolio Cleveland, OH 393,353393.4k $36.1m $36.1m 12.99% Reduced -79.9k -79,920
82 Full Sail Capital, LLC 3.12% of their portfolio OKLAHOMA CITY, OK 391,978392.0k $36.0m $36.0m 3.12% Added +38.2k +38,246
83 Envestnet Portfolio Solutions, Inc. 0.17% of their portfolio BERWYN, PA 385,233385.2k $35.4m $35.4m 0.17% First filing
84 Atria Investments, Inc 0.63% of their portfolio Charlotte, NC 384,165384.2k $35.3m $35.3m 0.63% Added +41.0k +41,048
85 Constant Guidance Financial LLC 46.33% of their portfolio ATTLEBORO FALLS, MA 383,711383.7k $35.1m $35.1m 46.33% First filing
86 Blueprint Investment Partners LLC 11.23% of their portfolio GREENSBORO, NC 380,514380.5k $34.9m $34.9m 11.23% Added +237.1k +237,140
87 RIA Advisory Group LLC 15.50% of their portfolio Des Moines, IA 376,970377.0k $34.6m $34.6m 15.50% Reduced -375.9k -375,935
88 Mutual Advisors, LLC 1.35% of their portfolio OMAHA, NE 376,066376.1k $34.5m $34.5m 1.35% Added +115.9k +115,863
89 FIDUCIENT ADVISORS LLC 1.94% of their portfolio Chicago, IL 374,761374.8k $34.4m $34.4m 1.94% New
90 EP Wealth Advisors, LLC 0.52% of their portfolio TORRANCE, CA 366,038366.0k $33.6m $33.6m 0.52% Added +361.0k +360,988
91 CENTAURUS FINANCIAL, INC. 2.88% of their portfolio ANAHEIM, CA 360,436360.4k $33.1m $33.1m 2.88% Added +65.7k +65,746
92 Thrivent Financial for Lutherans 0.08% of their portfolio Minneapolis, MN 359,387359.4k $33.0m $33.0m 0.08% Added +107.2k +107,190
93 Apriem Advisors 4.82% of their portfolio IRVINE, CA 358,185358.2k $32.9m $32.9m 4.82% New
94 Auour Investments LLC 13.76% of their portfolio WOBURN, MA 356,170356.2k $32.6m $32.6m 13.76% Added +18.9k +18,901
95 MML INVESTORS SERVICES, LLC 0.17% of their portfolio SPRINGFIELD, MA 343,594343.6k $31.5m $31.5m 0.17% Reduced -3.8k -3,827
96 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.10% of their portfolio PLYMOUTH, MN 336,941336.9k $30.9m $30.9m 0.10% Added +320.5k +320,505
97 First Eagle Investment Management, LLC 0.08% of their portfolio NEW YORK, NY 333,566333.6k $30.6m $30.6m 0.08% Reduced -5.1k -5,051
98 12th Street Asset Management Company, LLC 6.17% of their portfolio Nashville, TN 327,764327.8k $30.1m $30.1m 6.17% Added +35.5k +35,549
99 Vigilare Wealth Management 19.18% of their portfolio SCOTTSDALE, AZ 327,344327.3k $30.1m $30.1m 19.18% Reduced -116.7k -116,655
100 St. James Investment Company, LLC 4.50% of their portfolio SOUTHLAKE, TX 321,685321.7k $29.5m $29.5m 4.50% Reduced -358.4k -358,429