Vault-13

SPDR SER TR BIL

BLOOMBERG 1-3 MO · ETP · CUSIP 78468R663

1,047 institutional holders +14 vs Q2 2024
204,709,703204.7m shares reported held*
$18.8bnreported value*
103 new 402 added 435 reduced 94 sold out net bought ≈ $92.4m (-14.9m 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 ($24.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $91.89. Options: 3 managers hold calls ($1.9m notional), 3 hold puts ($2.5m).

Trends to Q3 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: 1,033Q3 24: 1,0471,047Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022583
Q4 2022690
Q1 2023795
Q2 2023854
Q3 2023872
Q4 2023986
Q1 2024967
Q2 20241,033
Q3 20241,047

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 outQ1 23: 473 bought or addedQ1 23: 321 cut or sold outQ1 23Q2 23: 425 bought or addedQ2 23: 406 cut or sold outQ3 23: 485 bought or addedQ3 23: 370 cut or sold outQ3 23Q4 23: 443 bought or addedQ4 23: 480 cut or sold outQ1 24: 476 bought or addedQ1 24: 524 cut or sold outQ1 24Q2 24: 526 bought or addedQ2 24: 468 cut or sold outQ3 24: 505 bought or addedQ3 24: 529 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022384259
Q1 2023473321
Q2 2023425406
Q3 2023485370
Q4 2023443480
Q1 2024476524
Q2 2024526468
Q3 2024505529

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ4 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 1.64Q3 24 calls: $1.9mQ3 24 puts: $2.5mQ3 24P/C 1.29
Numbers
QuarterCallsPutsP/C
Q4 2023$3.2m$9.8m3.02
Q1 2024$1.7m$853.7k0.49
Q2 2024$2.4m$3.9m1.64
Q3 2024$1.9m$2.5m1.29

Biggest buyers

MERCER GLOBAL ADVISORS INC /ADV Added +7,641,109+7.6m
MORGAN STANLEY Added +1,594,314+1.6m
PARTNERS CAPITAL INVESTMENT GROUP, LLP Added +673,715+673.7k
LPL Financial LLC Added +606,775+606.8k
FIRST TRUST ADVISORS LP New +482,251+482.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +471,823+471.8k
Salomon & Ludwin, LLC Added +395,540+395.5k
FLOW TRADERS U.S. LLC New +391,561+391.6k
Equitable Holdings, Inc. Added +384,707+384.7k
MONETA GROUP INVESTMENT ADVISORS LLC Added +378,142+378.1k

Biggest sellers

Strategic Financial Concepts, LLC Reduced -15,578,324-15.6m
Capital Wealth Planning, LLC Reduced -2,097,964-2.1m
ENVESTNET ASSET MANAGEMENT INC Reduced -1,874,667-1.9m
SEI INVESTMENTS CO Sold out -1,718,958-1.7m
Cetera Investment Advisers Reduced -1,104,851-1.1m
Foundations Investment Advisors, LLC Reduced -621,247-621.2k
Abich Financial Wealth Management LLC Reduced -620,510-620.5k
Carrera Capital Advisors Reduced -605,712-605.7k
BANK OF NOVA SCOTIA Reduced -576,379-576.4k
UBS Group AG Reduced -544,585-544.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.8m19.3k shares
CITADEL ADVISORS LLC Reduced $128.5k1.4k shares
Financial Advocates Investment Management New $45.7k500 shares

Biggest puts

Genus Capital Management Inc. Added $1.5m16.2k shares
WOLVERINE TRADING, LLC Added $761.9k8.3k shares
CITADEL ADVISORS LLC Added $257.1k2.8k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.12% of their portfolio NEW YORK, NY 18,703,07318.7m $1.7bn $1.7bn 0.12% Added +1.6m +1,594,314
2 BANK OF AMERICA CORP /DE/ 0.13% of their portfolio CHARLOTTE, NC 16,145,96716.1m $1.5bn $1.5bn 0.13% Reduced -155.2k -155,165
3 LPL Financial LLC 0.43% of their portfolio FORT MILL, SC 10,572,18210.6m $970.6m $970.6m 0.43% Added +606.8k +606,775
4 MERCER GLOBAL ADVISORS INC /ADV 1.79% of their portfolio DENVER, CO 8,351,3498.4m $763.8m $763.8m 1.79% Added +7.6m +7,641,109
5 UBS Group AG 0.16% of their portfolio ZURICH, V8 6,332,2456.3m $581.4m $581.4m 0.16% Reduced -544.6k -544,585
6 ENVESTNET ASSET MANAGEMENT INC 0.17% of their portfolio Berwyn, PA 5,672,4175.7m $520.8m $520.8m 0.17% Reduced -1.9m -1,874,667
7 WELLS FARGO & COMPANY/MN 0.13% of their portfolio SAN FRANCISCO, CA 5,661,8845.7m $519.8m $519.8m 0.13% Reduced -110.6k -110,613
8 ROYAL BANK OF CANADA 0.11% of their portfolio TORONTO, A6 5,360,3895.4m $492.1m $492.1m 0.11% Added +245.8k +245,752
9 TRUIST FINANCIAL CORP 0.76% of their portfolio CHARLOTTE, NC 5,289,6595.3m $485.6m $485.6m 0.76% Added +73.9k +73,887
10 STIFEL FINANCIAL CORP 0.45% of their portfolio ST. LOUIS, MO 4,719,9554.7m $433.3m $433.3m 0.45% Added +248.2k +248,226
11 Capital Wealth Planning, LLC 3.24% of their portfolio NAPLES, FL 3,784,4903.8m $347.5m $347.5m 3.24% Reduced -2.1m -2,097,964
12 Capital International Investors 0.06% of their portfolio Los Angeles, CA 3,380,4313.4m $310.3m $310.3m 0.06% Added +353.8k +353,841
13 CAPTRUST FINANCIAL ADVISORS 0.90% of their portfolio RALEIGH, NC 3,288,6713.3m $301.9m $301.9m 0.90% Reduced -468.8k -468,784
14 OSAIC HOLDINGS, INC. 0.58% of their portfolio SCOTTSDALE, AZ 2,822,9992.8m $259.2m $259.2m 0.58% Reduced -2.9k -2,878
15 PARTNERS CAPITAL INVESTMENT GROUP, LLP 3.43% of their portfolio BOSTON, MA 2,334,6282.3m $214.3m $214.3m 3.43% Added +673.7k +673,715
16 Beacon Capital Management, Inc. 8.02% of their portfolio DAYTON, OH 2,095,9242.1m $192.4m $192.4m 8.02% Reduced -130.9k -130,949
17 Cetera Investment Advisers 0.41% of their portfolio SCHAUMBURG, IL 2,045,9272.0m $187.8m $187.8m 0.41% Reduced -1.1m -1,104,851
18 OPPENHEIMER ASSET MANAGEMENT INC. 2.11% of their portfolio NEW YORK, NY 1,908,1301.9m $175.2m $175.2m 2.11% Reduced -51.9k -51,858
19 CWM, LLC 0.74% of their portfolio OMAHA, NE 1,864,9391.9m $171.2m $171.2m 0.74% Added +24.9k +24,900
20 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 1.71% of their portfolio Madrid, U3 1,854,7151.9m $170.5m $170.5m 1.71% Reduced -284.8k -284,802
21 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 1,776,0081.8m $163.1m $163.1m 0.04% Reduced -199.5k -199,466
22 Raymond James Financial Services Advisors, Inc. 0.16% of their portfolio ST. PETERSBURG, FL 1,343,7411.3m $123.4m $123.4m 0.16% Reduced -135.4k -135,450
23 Cambridge Investment Research Advisors, Inc. 0.39% of their portfolio FAIRFIELD, IA 1,239,1281.2m $113.8m $113.8m 0.39% Added +64.6k +64,648
24 Howard Capital Management, LLC 1.78% of their portfolio Alpharetta, GA 1,182,5941.2m $108.6m $108.6m 1.78% Reduced -315.8k -315,795
25 Sandhill Capital Partners LLC 7.67% of their portfolio BUFFALO, NY 1,171,4101.2m $107.5m $107.5m 7.67% Added +275.4k +275,414
26 Creative Planning 0.11% of their portfolio OVERLAND PARK, KS 1,169,8241.2m $107.4m $107.4m 0.11% Reduced -12.1k -12,057
27 EAGLE CAPITAL MANAGEMENT LLC 0.38% of their portfolio New York, NY 1,118,5021.1m $102.7m $102.7m 0.38% Added +287.0k +286,995
28 RAYMOND JAMES & ASSOCIATES 0.05% of their portfolio ST PETERSBURG, FL 979,557979.6k $89.9m $89.9m 0.05% Reduced -90.0k -89,953
29 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 977,332977.3k $89.7m $89.7m 0.00% Reduced -524.8k -524,836
30 Dakota Wealth Management 1.95% of their portfolio PALM BEACH GARDENS, FL 941,220941.2k $86.4m $86.4m 1.95% Reduced -164.6k -164,644
31 RENAISSANCE TECHNOLOGIES LLC 0.13% of their portfolio NEW YORK, NY 911,000911.0k $83.6m $83.6m 0.13% Added +61.9k +61,900
32 Foundations Investment Advisors, LLC 1.72% of their portfolio PHOENIX, AZ 893,198893.2k $82.0m $82.0m 1.72% Reduced -621.2k -621,247
33 3EDGE Asset Management, LP 5.75% of their portfolio Naples, FL 883,527883.5k $81.1m $81.1m 5.75% Added +259.6k +259,561
34 BlackRock, Inc. 0.00% of their portfolio New York, NY 853,844853.8k $78.4m $78.4m 0.00% First filing
35 Private Advisor Group, LLC 0.49% of their portfolio MORRISTOWN, NJ 852,354852.4k $78.3m $78.3m 0.49% Added +57.8k +57,822
36 AXXCESS WEALTH MANAGEMENT, LLC 1.97% of their portfolio CARLSBAD, CA 850,613850.6k $78.1m $78.1m 1.97% Added +153.2k +153,183
37 Cypress Capital, LLC 20.04% of their portfolio FRANKLIN, TN 846,237846.2k $77.7m $77.7m 20.04% Added +95.5k +95,496
38 ASSETMARK, INC 0.21% of their portfolio CONCORD, CA 805,753805.8k $74.0m $74.0m 0.21% Added +262.3k +262,273
39 Advisory Services Network, LLC 1.51% of their portfolio ATLANTA, GA 796,225796.2k $73.1m $73.1m 1.51% Unchanged
40 Impact Partnership Wealth, LLC 16.17% of their portfolio MARIETTA, GA 780,612780.6k $71.7m $71.7m 16.17% Reduced -284.9k -284,930
41 AGF MANAGEMENT LTD 0.36% of their portfolio TORONTO, A6 776,527776.5k $71.3m $71.3m 0.36% Not comparable
42 Capital Asset Advisory Services LLC 3.50% of their portfolio Williamston, MI 764,412764.4k $70.0m $70.0m 3.50% Added +141.0k +140,957
43 COMMONWEALTH EQUITY SERVICES, LLC 0.10% of their portfolio WALTHAM, MA 740,357740.4k $68.0m $68.0m 0.10% Added +81.6k +81,608
44 Synergy Asset Management, LLC 9.97% of their portfolio VANCOUVER, WA 713,712713.7k $65.5m $65.5m 9.97% Added +71.3k +71,305
45 MBL Wealth, LLC 7.05% of their portfolio CHARLOTTE, NC 711,908711.9k $65.4m $65.4m 7.05% Reduced -104.7k -104,656
46 HSBC HOLDINGS PLC 0.04% of their portfolio LONDON, X0 672,110672.1k $61.7m $61.7m 0.04% Added +126.2k +126,250
47 Twelve Points Wealth Management LLC 19.16% of their portfolio CONCORD, MA 663,196663.2k $60.9m $60.9m 19.16% Added +42.7k +42,709
48 Capital Investment Advisory Services, LLC 5.63% of their portfolio RALEIGH, NC 646,396646.4k $59.3m $59.3m 5.63% Added +38.9k +38,919
49 Hibernia Wealth Partners, LLC 20.36% of their portfolio BATON ROUGE, LA 639,683639.7k $58.7m $58.7m 20.36% Added +42.3k +42,309
50 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 636,201636.2k $58.4m $58.4m 0.05% Added +276.4k +276,368
51 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 634,953635.0k $58.3m $58.3m 0.05% Added +66.5k +66,506
52 Baird Financial Group, Inc. 0.11% of their portfolio MILWAUKEE, WI 622,761622.8k $57.2m $57.2m 0.11% Added +145.0k +144,965
53 Trilogy Capital Inc. 2.77% of their portfolio IRVINE, CA 598,019598.0k $54.9m $54.9m 2.77% Added +317.1k +317,104
54 EP Wealth Advisors, LLC 0.46% of their portfolio TORRANCE, CA 583,765583.8k $53.6m $53.6m 0.46% Added +137.2k +137,221
55 Equitable Holdings, Inc. 0.52% of their portfolio NEW YORK, NY 581,784581.8k $53.4m $53.4m 0.52% Added +384.7k +384,707
56 Sollinda Capital Management LLC 14.96% of their portfolio HICKORY, NC 577,397577.4k $53.0m $53.0m 14.96% Added +16.2k +16,185
57 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.08% of their portfolio BALA CYNWYD, PA 543,502543.5k $49.9m $49.9m 0.08% Added +471.8k +471,823
58 Composition Wealth, LLC 1.13% of their portfolio LOS ANGELES, CA 530,958531.0k $48.7m $48.7m 1.13% Added +61.3k +61,307
59 Acorns Advisers, LLC 0.46% of their portfolio IRVINE, CA 502,054502.1k $46.1m $46.1m 0.46% Added +20.0k +19,994
60 Salomon & Ludwin, LLC 4.52% of their portfolio RICHMOND, VA 483,327483.3k $44.4m $44.4m 4.52% Added +395.5k +395,540
61 FIRST TRUST ADVISORS LP 0.04% of their portfolio Wheaton, IL 482,251482.3k $44.3m $44.3m 0.04% New
62 CENTAURUS FINANCIAL, INC. 2.74% of their portfolio ANAHEIM, CA 468,611468.6k $43.0m $43.0m 2.74% Added +27.8k +27,820
63 Mariner, LLC 0.08% of their portfolio Overland Park, KS 463,520463.5k $42.6m $42.6m 0.08% Reduced -235.4k -235,419
64 Rockefeller Capital Management L.P. 0.11% of their portfolio NEW YORK, NY 461,725461.7k $42.4m $42.4m 0.11% Added +94.1k +94,051
65 Scharf Investments, LLC 1.16% of their portfolio LOS GATOS, CA 457,679457.7k $42.0m $42.0m 1.16% Reduced -124.6k -124,589
66 GTS SECURITIES LLC 0.82% of their portfolio NEW YORK, NY 446,859446.9k $41.0m $41.0m 0.82% Added +311.6k +311,627
67 St. Louis Financial Planners Asset Management, LLC 32.24% of their portfolio CHESTERFIELD, MO 443,699443.7k $40.6m $40.6m 32.24% Added +296.6k +296,633
68 Clear Creek Financial Management, LLC 4.61% of their portfolio SILVERDALE, WA 443,474443.5k $40.7m $40.7m 4.61% Added +346.4k +346,437
69 Envestnet Portfolio Solutions, Inc. 0.13% of their portfolio BERWYN, PA 432,013432.0k $39.7m $39.7m 0.13% Reduced -64.6k -64,597
70 12th Street Asset Management Company, LLC 6.66% of their portfolio Nashville, TN 430,301430.3k $39.5m $39.5m 6.66% Reduced -145.1k -145,079
71 Convergence Financial, LLC 8.36% of their portfolio COLUMBIA, MO 428,820428.8k $39.4m $39.4m 8.36% Added +38.8k +38,797
72 Atria Wealth Solutions, Inc. 0.42% of their portfolio NEW YORK, NY 424,283424.3k $39.0m $39.0m 0.42% Reduced -56.4k -56,423
73 Northstar Group, Inc. 6.76% of their portfolio NEW YORK, NY 422,448422.4k $38.8m $38.8m 6.76% Added +8.9k +8,939
74 LAKE STREET ADVISORS GROUP, LLC 1.78% of their portfolio PORTSMOUTH, NH 420,911420.9k $38.6m $38.6m 1.78% Reduced -36.3k -36,334
75 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 410,014410.0k $37.6m $37.6m 0.05% Reduced -72.6k -72,552
76 RIA Advisory Group LLC 13.27% of their portfolio Des Moines, IA 409,344409.3k $37.6m $37.6m 13.27% First filing
77 Brookstone Capital Management 0.54% of their portfolio WHEATON, IL 401,283401.3k $36.8m $36.8m 0.54% Added +36.7k +36,728
78 Fortis Group Advisors, LLC 6.76% of their portfolio WESTWOOD, NJ 398,481398.5k $36.6m $36.6m 6.76% Added +56.4k +56,444
79 FLOW TRADERS U.S. LLC 1.82% of their portfolio NEW YORK, NY 391,561391.6k $35.9m $35.9m 1.82% New
80 MONETA GROUP INVESTMENT ADVISORS LLC 0.52% of their portfolio ST LOUIS, MO 387,885387.9k $35.6m $35.6m 0.52% Added +378.1k +378,142
81 49 WEALTH MANAGEMENT, LLC 5.57% of their portfolio AUSTIN, TX 372,554372.6k $34.2m $34.2m 5.57% Added +165.5k +165,518
82 NATIXIS ADVISORS, LLC 0.07% of their portfolio Boston, MA 369,110369.1k $33.9m $33.9m 0.07% Added +16.8k +16,754
83 Weaver Capital Management LLC 10.10% of their portfolio SUWANEE, GA 366,233366.2k $33.6m $33.6m 10.10% Added +1.2k +1,227
84 Carrera Capital Advisors 8.14% of their portfolio TROY, MI 362,551362.6k $33.3m $33.3m 8.14% Reduced -605.7k -605,712
85 Auour Investments LLC 11.81% of their portfolio WOBURN, MA 360,111360.1k $33.0m $33.0m 11.81% Added +69.6k +69,649
86 First Eagle Investment Management, LLC 0.07% of their portfolio NEW YORK, NY 355,594355.6k $32.6m $32.6m 0.07% Added +10.1k +10,088
87 TECTONIC ADVISORS LLC 2.12% of their portfolio FRISCO, TX 351,993352.0k $32.3m $32.3m 2.12% Reduced -73.0k -72,979
88 Prostatis Group LLC 10.35% of their portfolio HANOVER, MD 344,433344.4k $31.6m $31.6m 10.35% Added +331.5k +331,455
89 MILESTONE ASSET MANAGEMENT, LLC 7.11% of their portfolio PITTSBURGH, PA 344,061344.1k $31.6m $31.6m 7.11% Added +33.3k +33,304
90 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 332,764332.8k $30.6m $30.6m 0.03% Added +90.6k +90,648
91 Freedom Investment Management, Inc. 2.38% of their portfolio SOUTH WINDSOR, CT 325,724325.7k $29.9m $29.9m 2.38% Reduced -44.4k -44,411
92 ALETHEA CAPITAL MANAGEMENT, LLC 21.49% of their portfolio MERCER ISLAND, WA 324,107324.1k $29.8m $29.8m 21.49% Reduced -35.9k -35,921
93 Bridgewealth Advisory Group, LLC 10.49% of their portfolio Fresno, CA 314,393314.4k $28.9m $28.9m 10.49% Reduced -7.4k -7,433
94 Federation des caisses Desjardins du Quebec 0.14% of their portfolio LEVIS, A8 313,611313.6k $28.8m $28.8m 0.14% Reduced -1.1k -1,121
95 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 312,507312.5k $28.7m $28.7m 0.03% Reduced -1.3k -1,342
96 NorthCoast Asset Management LLC 0.20% of their portfolio STAMFORD, CT 311,640311.6k $28.6m $28.6m 0.20% Added +63.2k +63,218
97 HANOVER ADVISORS INC 11.84% of their portfolio SENECA, SC 307,011307.0k $28.2m $28.2m 11.84% Reduced -4.9k -4,857
98 CWA Asset Management Group, LLC 1.48% of their portfolio NAPLES, FL 302,617302.6k $27.8m $27.8m 1.48% First filing
99 MML INVESTORS SERVICES, LLC 0.10% of their portfolio SPRINGFIELD, MA 300,789300.8k $27.6m $27.6m 0.10% Reduced -62.7k -62,651
100 St. James Investment Company, LLC 4.51% of their portfolio SOUTHLAKE, TX 290,833290.8k $26.7m $26.7m 4.51% Added +117.3k +117,254