Vault-13

SPDR SER TR BIL

BLOOMBERG 1-3 MO · ETP · CUSIP 78468R663

1,033 institutional holders +66 vs Q1 2024
218,034,892218.0m shares reported held*
$18.5bnreported value*
128 new 398 added 392 reduced 76 sold out net sold ≈ $2.5bn (-11.8m 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 ($19.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $84.99. Options: 2 managers hold calls ($2.4m notional), 4 hold puts ($3.9m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 583Q4 22: 690Q1 23: 795Q2 23: 854Q3 23: 872Q4 23: 986Q1 24: 967Q2 24: 1,0331,033Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022583
Q4 2022690
Q1 2023795
Q2 2023854
Q3 2023872
Q4 2023986
Q1 2024967
Q2 20241,033

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 384 bought or addedQ4 22: 259 cut or sold outQ4 22Q1 23: 473 bought or addedQ1 23: 321 cut or sold outQ2 23: 425 bought or addedQ2 23: 406 cut or sold outQ2 23Q3 23: 485 bought or addedQ3 23: 370 cut or sold outQ4 23: 443 bought or addedQ4 23: 480 cut or sold outQ4 23Q1 24: 476 bought or addedQ1 24: 524 cut or sold outQ2 24: 526 bought or addedQ2 24: 468 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022384259
Q1 2023473321
Q2 2023425406
Q3 2023485370
Q4 2023443480
Q1 2024476524
Q2 2024526468

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ3 23 calls: $2.6mQ3 23 puts: $5.1mQ3 23P/C 1.98Q4 23 calls: $3.2mQ4 23 puts: $9.8mQ4 23P/C 3.02Q1 24 calls: $1.7mQ1 24 puts: $853.7kQ1 24P/C 0.49Q2 24 calls: $2.4mQ2 24 puts: $3.9mQ2 24P/C 1.64
Numbers
QuarterCallsPutsP/C
Q3 2023$2.6m$5.1m1.98
Q4 2023$3.2m$9.8m3.02
Q1 2024$1.7m$853.7k0.49
Q2 2024$2.4m$3.9m1.64

Biggest buyers

Strategic Financial Concepts, LLC Added +15,546,877+15.5m
Capital Wealth Planning, LLC Added +954,437+954.4k
BlackRock Inc. Added +806,589+806.6k
JPMORGAN CHASE & CO Added +662,234+662.2k
ENVESTNET ASSET MANAGEMENT INC Added +609,516+609.5k
Impact Partnership Wealth, LLC Added +603,258+603.3k
LPL Financial LLC Added +590,240+590.2k
BANK OF NOVA SCOTIA Added +567,324+567.3k
3EDGE Asset Management, LP Added +544,825+544.8k
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. Added +500,411+500.4k

Biggest sellers

MORGAN STANLEY Reduced -25,914,325-25.9m
CAPTRUST FINANCIAL ADVISORS Reduced -3,144,938-3.1m
EAGLE CAPITAL MANAGEMENT LLC Reduced -1,809,527-1.8m
UBS Group AG Reduced -1,303,490-1.3m
LIFE LINE WEALTH MANAGEMENT LLC Reduced -1,060,466-1.1m
Sandhill Capital Partners LLC Reduced -972,161-972.2k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -944,115-944.1k
GTS SECURITIES LLC Reduced -919,166-919.2k
TRUIST FINANCIAL CORP Reduced -860,293-860.3k
JANE STREET GROUP, LLC Reduced -834,559-834.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.2m24.1k shares
CITADEL ADVISORS LLC Added $156.0k1.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.8m19.8k shares
Genus Capital Management Inc. New $1.2m13.5k shares
WOLVERINE TRADING, LLC Added $660.8k7.2k shares
CITADEL ADVISORS LLC Reduced $156.0k1.7k 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.12% of their portfolio NEW YORK, NY 17,108,75917.1m $1.6bn $1.6bn 0.12% Reduced -25.9m -25,914,325
2 BANK OF AMERICA CORP /DE/ 0.14% of their portfolio CHARLOTTE, NC 16,301,13216.3m $1.5bn $1.5bn 0.14% Added +359.3k +359,321
3 Strategic Financial Concepts, LLC 1.30% of their portfolio SAN ANTONIO, TX 15,745,74415.7m $2.2m $2.2m 1.30% Added +15.5m +15,546,877
4 LPL Financial LLC 0.46% of their portfolio FORT MILL, SC 9,965,40710.0m $914.6m $914.6m 0.46% Added +590.2k +590,240
5 ENVESTNET ASSET MANAGEMENT INC 0.24% of their portfolio Berwyn, PA 7,547,0847.5m $692.7m $692.7m 0.24% Added +609.5k +609,516
6 UBS Group AG 0.19% of their portfolio ZURICH, V8 6,876,8306.9m $631.2m $631.2m 0.19% Reduced -1.3m -1,303,490
7 Capital Wealth Planning, LLC 5.66% of their portfolio NAPLES, FL 5,882,4545.9m $539.9m $539.9m 5.66% Added +954.4k +954,437
8 WELLS FARGO & COMPANY/MN 0.14% of their portfolio SAN FRANCISCO, CA 5,772,4975.8m $529.8m $529.8m 0.14% Added +38.3k +38,289
9 TRUIST FINANCIAL CORP 0.73% of their portfolio CHARLOTTE, NC 5,215,7725.2m $478.7m $478.7m 0.73% Reduced -860.3k -860,293
10 ROYAL BANK OF CANADA 0.11% of their portfolio TORONTO, A6 5,114,6375.1m $469.4m $469.4m 0.11% Added +202.4k +202,414
11 STIFEL FINANCIAL CORP 0.46% of their portfolio ST. LOUIS, MO 4,471,7294.5m $410.4m $410.4m 0.46% Added +51.0k +51,035
12 CAPTRUST FINANCIAL ADVISORS 1.11% of their portfolio RALEIGH, NC 3,757,4553.8m $344.9m $344.9m 1.11% Reduced -3.1m -3,144,938
13 Cetera Investment Advisers 0.67% of their portfolio SCHAUMBURG, IL 3,150,7783.2m $289.2m $289.2m 0.67% Reduced -154.7k -154,746
14 Capital International Investors 0.06% of their portfolio Los Angeles, CA 3,026,5903.0m $277.7m $277.7m 0.06% Reduced -386.9k -386,876
15 OSAIC HOLDINGS, INC. 0.61% of their portfolio SCOTTSDALE, AZ 2,825,8772.8m $259.4m $259.4m 0.61% Reduced -11.0k -11,008
16 Beacon Capital Management, Inc. 8.80% of their portfolio DAYTON, OH 2,226,8732.2m $204.4m $204.4m 8.80% Added +4.2k +4,182
17 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 2.06% of their portfolio Madrid, U3 2,139,5172.1m $196.5m $196.5m 2.06% Added +500.4k +500,411
18 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 1,975,4742.0m $181.3m $181.3m 0.05% Reduced -678.3k -678,343
19 OPPENHEIMER ASSET MANAGEMENT INC. 2.30% of their portfolio NEW YORK, NY 1,959,9882.0m $179.9m $179.9m 2.30% Added +180.1k +180,139
20 CWM, LLC 0.80% of their portfolio OMAHA, NE 1,840,0391.8m $168.9m $168.9m 0.80% Reduced -49.2k -49,235
21 SEI INVESTMENTS CO 0.22% of their portfolio OAKS, PA 1,718,9581.7m $157.8m $157.8m 0.22% Reduced -13.7k -13,693
22 PARTNERS CAPITAL INVESTMENT GROUP, LLP 2.57% of their portfolio BOSTON, MA 1,660,9131.7m $152.4m $152.4m 2.57% Added +451.4k +451,358
23 Foundations Investment Advisors, LLC 3.37% of their portfolio PHOENIX, AZ 1,514,4451.5m $139.0m $139.0m 3.37% Added +132.1k +132,098
24 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,502,1681.5m $137.9m $137.9m 0.01% Added +662.2k +662,234
25 Howard Capital Management, LLC 13.53% of their portfolio Alpharetta, GA 1,498,3891.5m $137.5m $137.5m 13.53% Added +20.4k +20,378
26 Raymond James Financial Services Advisors, Inc. 0.19% of their portfolio ST. PETERSBURG, FL 1,479,1911.5m $135.8m $135.8m 0.19% Added +87.3k +87,318
27 Creative Planning 0.12% of their portfolio OVERLAND PARK, KS 1,181,8811.2m $108.5m $108.5m 0.12% Added +89.8k +89,794
28 Cambridge Investment Research Advisors, Inc. 0.40% of their portfolio FAIRFIELD, IA 1,174,4801.2m $107.8m $107.8m 0.40% Added +112.7k +112,657
29 Dakota Wealth Management 2.39% of their portfolio PALM BEACH GARDENS, FL 1,105,8641.1m $101.5m $101.5m 2.39% Added +274.6k +274,630
30 RAYMOND JAMES & ASSOCIATES 0.06% of their portfolio ST PETERSBURG, FL 1,069,5101.1m $98.2m $98.2m 0.06% Added +21.2k +21,181
31 Impact Partnership Wealth, LLC 25.69% of their portfolio MARIETTA, GA 1,065,5421.1m $97.8m $97.8m 25.69% Added +603.3k +603,258
32 Carrera Capital Advisors 29.04% of their portfolio TROY, MI 968,263968.3k $88.9m $88.9m 29.04% First filing
33 Sandhill Capital Partners LLC 6.31% of their portfolio BUFFALO, NY 895,996896.0k $82.2m $82.2m 6.31% Reduced -972.2k -972,161
34 RENAISSANCE TECHNOLOGIES LLC 0.13% of their portfolio NEW YORK, NY 849,100849.1k $77.9m $77.9m 0.13% Unchanged
35 BlackRock Inc. 0.00% of their portfolio New York, NY 840,914840.9k $77.2m $77.2m 0.00% Added +806.6k +806,589
36 EAGLE CAPITAL MANAGEMENT LLC 0.28% of their portfolio New York, NY 831,507831.5k $76.3m $76.3m 0.28% Reduced -1.8m -1,809,527
37 MBL Wealth, LLC 8.39% of their portfolio CHARLOTTE, NC 816,564816.6k $74.9m $74.9m 8.39% Reduced -240.1k -240,093
38 Advisory Services Network, LLC 1.51% of their portfolio ATLANTA, GA 796,225796.2k $73.1m $73.1m 1.51% Added +53.2k +53,248
39 Private Advisor Group, LLC 0.49% of their portfolio MORRISTOWN, NJ 794,532794.5k $72.9m $72.9m 0.49% Added +97.9k +97,910
40 Cypress Capital, LLC 17.30% of their portfolio FRANKLIN, TN 750,741750.7k $68.9m $68.9m 17.30% Reduced -141.0k -141,035
41 Abich Financial Wealth Management LLC 44.56% of their portfolio ASHBURN, VA 713,950714.0k $65.5m $65.5m 44.56% Added +432.5k +432,525
42 MERCER GLOBAL ADVISORS INC /ADV 0.10% of their portfolio DENVER, CO 710,240710.2k $35.0m $35.0m 0.10% Reduced -101 -101
43 BANK OF NOVA SCOTIA 0.13% of their portfolio TORONTO, A6 700,676700.7k $64.2m $64.2m 0.13% Added +567.3k +567,324
44 Mariner, LLC 0.12% of their portfolio Overland Park, KS 698,939698.9k $64.1m $64.1m 0.12% Added +61.0k +60,967
45 AXXCESS WEALTH MANAGEMENT, LLC 1.75% of their portfolio CARLSBAD, CA 697,430697.4k $64.0m $64.0m 1.75% Added +72.7k +72,713
46 Bell Bank 5.26% of their portfolio FARGO, ND 682,131682.1k $62.6m $62.6m 5.26% Reduced -46.3k -46,301
47 COMMONWEALTH EQUITY SERVICES, LLC 0.10% of their portfolio WALTHAM, MA 658,749658.7k $60.5m $60.5m 0.10% Added +127.4k +127,368
48 Synergy Asset Management, LLC 9.23% of their portfolio VANCOUVER, WA 642,407642.4k $59.0m $59.0m 9.23% Added +186.9k +186,871
49 Delta Investment Management, LLC 12.95% of their portfolio SAN FRANCISCO, CA 639,381639.4k $58.7m $58.7m 12.95% Added +411.5k +411,527
50 3EDGE Asset Management, LP 4.49% of their portfolio Naples, FL 623,966624.0k $57.3m $57.3m 4.49% Added +544.8k +544,825
51 Capital Asset Advisory Services LLC 3.09% of their portfolio Williamston, MI 623,455623.5k $57.1m $57.1m 3.09% Added +65.2k +65,189
52 Twelve Points Wealth Management LLC 20.03% of their portfolio CONCORD, MA 620,487620.5k $56.9m $56.9m 20.03% Reduced -62.2k -62,220
53 Capital Investment Advisory Services, LLC 5.75% of their portfolio RALEIGH, NC 607,477607.5k $55.8m $55.8m 5.75% Reduced -151.3k -151,264
54 Hibernia Wealth Partners, LLC 19.09% of their portfolio BATON ROUGE, LA 597,374597.4k $54.8m $54.8m 19.09% Added +305.3k +305,348
55 One Capital Management, LLC 1.86% of their portfolio WESTLAKE VILLAGE, CA 595,463595.5k $54.7m $54.7m 1.86% Added +83.7k +83,729
56 Scharf Investments, LLC 1.52% of their portfolio LOS GATOS, CA 582,268582.3k $53.4m $53.4m 1.52% Added +238.6k +238,582
57 12th Street Asset Management Company, LLC 9.64% of their portfolio Nashville, TN 575,380575.4k $52.8m $52.8m 9.64% Added +233.0k +232,986
58 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 568,447568.4k $52.2m $52.2m 0.05% Reduced -944.1k -944,115
59 Sollinda Capital Management LLC 15.69% of their portfolio HICKORY, NC 561,212561.2k $51.5m $51.5m 15.69% Reduced -438.9k -438,856
60 HSBC HOLDINGS PLC 0.03% of their portfolio LONDON, X0 545,860545.9k $50.1m $50.1m 0.03% Added +61.9k +61,850
61 ASSETMARK, INC 0.15% of their portfolio CONCORD, CA 543,480543.5k $49.9m $49.9m 0.15% Added +53.4k +53,409
62 Orion Porfolio Solutions, LLC 0.51% of their portfolio OMAHA, NE 526,400526.4k $48.3m $48.3m 0.51% Added +133.4k +133,409
63 Orion Portfolio Solutions, LLC 0.51% of their portfolio Omaha, NE 526,400526.4k $48.3m $48.3m 0.51% Added +133.4k +133,409
64 Global Retirement Partners, LLC 1.44% of their portfolio San Rafael, CA 499,571499.6k $45.9m $45.9m 1.44% Added +47.3k +47,301
65 Envestnet Portfolio Solutions, Inc. 0.16% of their portfolio BERWYN, PA 496,610496.6k $45.6m $45.6m 0.16% Added +19.5k +19,473
66 FMR LLC 0.00% of their portfolio BOSTON, MA 496,335496.3k $45.6m $45.6m 0.00% Added +494.4k +494,391
67 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 482,566482.6k $44.3m $44.3m 0.07% Added +94.9k +94,874
68 Acorns Advisers, LLC 0.47% of their portfolio IRVINE, CA 482,060482.1k $44.2m $44.2m 0.47% Added +12.8k +12,825
69 Atria Wealth Solutions, Inc. 0.49% of their portfolio NEW YORK, NY 480,706480.7k $44.1m $44.1m 0.49% Reduced -88.4k -88,414
70 Baird Financial Group, Inc. 0.09% of their portfolio MILWAUKEE, WI 477,796477.8k $43.9m $43.9m 0.09% Added +8.8k +8,810
71 Composition Wealth, LLC 1.05% of their portfolio LOS ANGELES, CA 469,651469.7k $43.1m $43.1m 1.05% Added +216.9k +216,857
72 LAKE STREET ADVISORS GROUP, LLC 2.02% of their portfolio PORTSMOUTH, NH 457,245457.2k $42.0m $42.0m 2.02% Reduced -87.4k -87,408
73 EP Wealth Advisors, LLC 0.44% of their portfolio TORRANCE, CA 446,544446.5k $41.0m $41.0m 0.44% Reduced -28.8k -28,753
74 CENTAURUS FINANCIAL, INC. 2.69% of their portfolio ANAHEIM, CA 440,791440.8k $40.5m $40.5m 2.69% Reduced -90.9k -90,891
75 Jordan Park Group LLC 3.05% of their portfolio SAN FRANCISCO, CA 433,461433.5k $39.8m $39.8m 3.05% Reduced -10.4k -10,430
76 TECTONIC ADVISORS LLC 2.82% of their portfolio FRISCO, TX 424,972425.0k $39.0m $39.0m 2.82% Added +41.8k +41,791
77 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 413,747413.7k $38.0m $38.0m 0.01% Added +269.8k +269,777
78 Northstar Group, Inc. 7.17% of their portfolio NEW YORK, NY 413,509413.5k $38.0m $38.0m 7.17% Added +67.2k +67,160
79 Thrivent Financial for Lutherans 0.08% of their portfolio Minneapolis, MN 410,581410.6k $37.7m $37.7m 0.08% Added +32.9k +32,894
80 Convergence Financial, LLC 9.46% of their portfolio COLUMBIA, MO 390,023390.0k $35.8m $35.8m 9.46% Added +72.2k +72,193
81 Apriem Advisors 4.30% of their portfolio IRVINE, CA 382,419382.4k $35.1m $35.1m 4.30% Added +2.8k +2,837
82 Freedom Investment Management, Inc. 2.78% of their portfolio SOUTH WINDSOR, CT 370,135370.1k $34.0m $34.0m 2.78% Reduced -155.2k -155,249
83 Rockefeller Capital Management L.P. 0.10% of their portfolio NEW YORK, NY 367,674367.7k $33.7m $33.7m 0.10% Added +193.4k +193,377
84 Weaver Capital Management LLC 10.77% of their portfolio SUWANEE, GA 365,006365.0k $33.5m $33.5m 10.77% Added +44.6k +44,596
85 Brookstone Capital Management 0.55% of their portfolio WHEATON, IL 364,555364.6k $33.4m $33.4m 0.55% Reduced -141.8k -141,820
86 MML INVESTORS SERVICES, LLC 0.13% of their portfolio SPRINGFIELD, MA 363,440363.4k $33.4m $33.4m 0.13% Added +46.4k +46,367
87 ALETHEA CAPITAL MANAGEMENT, LLC 25.07% of their portfolio MERCER ISLAND, WA 360,028360.0k $33.0m $33.0m 25.07% Added +119.5k +119,471
88 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 359,833359.8k $33.0m $33.0m 0.03% Reduced -747.6k -747,629
89 NATIXIS ADVISORS, LLC 0.07% of their portfolio Boston, MA 352,356352.4k $32.3m $32.3m 0.07% New
90 First Eagle Investment Management, LLC 0.07% of their portfolio NEW YORK, NY 345,506345.5k $31.7m $31.7m 0.07% Added +51.4k +51,429
91 Fortis Group Advisors, LLC 6.23% of their portfolio WESTWOOD, NJ 342,037342.0k $31.4m $31.4m 6.23% Reduced -59.0k -59,036
92 Trek Financial, LLC 2.45% of their portfolio Scottsdale, AZ 335,920335.9k $30.8m $30.8m 2.45% Reduced -254 -254
93 Pacific Capital Wealth Advisors, Inc. 5.41% of their portfolio CORONA, CA 322,783322.8k $29.6m $29.6m 5.41% Added +154.8k +154,844
94 AVANTAX ADVISORY SERVICES, INC. 0.21% of their portfolio DALLAS, TX 322,297322.3k $29.6m $29.6m 0.21% Added +200.9k +200,917
95 Bridgewealth Advisory Group, LLC 13.08% of their portfolio Fresno, CA 321,826321.8k $29.5m $29.5m 13.08% Reduced -22.9k -22,935
96 Federation des caisses Desjardins du Quebec 0.15% of their portfolio LEVIS, A8 314,732314.7k $28.9m $28.9m 0.15% Reduced -9.2k -9,216
97 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 313,849313.8k $28.8m $28.8m 0.03% Reduced -20.9k -20,900
98 Parkwood LLC 3.58% of their portfolio CLEVELAND, OH 313,500313.5k $28.8m $28.8m 3.58% Reduced -10.5k -10,500
99 HANOVER ADVISORS INC 12.72% of their portfolio SENECA, SC 311,868311.9k $28.6m $28.6m 12.72% Reduced -1.8k -1,818
100 MILESTONE ASSET MANAGEMENT, LLC 7.14% of their portfolio PITTSBURGH, PA 310,757310.8k $28.5m $28.5m 7.14% Added +252.8k +252,850