Vault-13

SPDR SER TR BIL

BLOOMBERG 1-3 MO · ETP · CUSIP 78468R663

1,133 institutional holders +86 vs Q3 2024
214,569,234214.6m shares reported held*
$19.6bnreported value*
103 new 491 added 350 reduced 101 sold out net bought ≈ $518.2m (+6.2m 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 ($33.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $91.30. Options: 2 managers hold calls ($301.7k notional), 3 hold puts ($9.6m).

Trends to Q4 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: 1,047Q4 24: 1,1331,133Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022583
Q4 2022690
Q1 2023795
Q2 2023854
Q3 2023872
Q4 2023986
Q1 2024967
Q2 20241,033
Q3 20241,047
Q4 20241,133

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ1 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 24Q3 24: 505 bought or addedQ3 24: 529 cut or sold outQ4 24: 594 bought or addedQ4 24: 451 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023473321
Q2 2023425406
Q3 2023485370
Q4 2023443480
Q1 2024476524
Q2 2024526468
Q3 2024505529
Q4 2024594451

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ1 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 1.29Q4 24 calls: $301.7kQ4 24 puts: $9.6mQ4 24P/C 31.97
Numbers
QuarterCallsPutsP/C
Q1 2024$1.7m$853.7k0.49
Q2 2024$2.4m$3.9m1.64
Q3 2024$1.9m$2.5m1.29
Q4 2024$301.7k$9.6m31.97

Biggest buyers

3EDGE Asset Management, LP Added +1,770,931+1.8m
Capital Wealth Planning, LLC Added +1,315,895+1.3m
DIMENSION CAPITAL MANAGEMENT LLC New +969,011+969.0k
Synergy Asset Management, LLC Added +934,254+934.3k
LPL Financial LLC Added +921,534+921.5k
BlackRock, Inc. Added +890,345+890.3k
Ashton Thomas Private Wealth, LLC Added +889,938+889.9k
AQR CAPITAL MANAGEMENT LLC Added +867,747+867.7k
IEQ CAPITAL, LLC Added +761,672+761.7k
MORGAN STANLEY Added +694,788+694.8k

Biggest sellers

MERCER GLOBAL ADVISORS INC /ADV Reduced -8,047,517-8.0m
TRUIST FINANCIAL CORP Reduced -2,227,691-2.2m
Capital International Investors Reduced -1,144,634-1.1m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -543,502-543.5k
FIRST TRUST ADVISORS LP Sold out -482,251-482.3k
GTS SECURITIES LLC Reduced -433,445-433.4k
OSAIC HOLDINGS, INC. Reduced -418,057-418.1k
JPMORGAN CHASE & CO Reduced -397,787-397.8k
FLOW TRADERS U.S. LLC Sold out -391,561-391.6k
Weaver Capital Management LLC Reduced -361,936-361.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $256.0k2.8k shares
CITADEL ADVISORS LLC Reduced $45.7k500 shares

Biggest puts

Genus Capital Management Inc. Added $9.3m102.2k shares
Belvedere Trading LLC New $201.1k2.2k shares
CITADEL ADVISORS LLC Reduced $100.6k1.1k 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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.12% of their portfolio NEW YORK, NY 19,397,86119.4m $1.8bn $1.8bn 0.12% Added +694.8k +694,788
2 BANK OF AMERICA CORP /DE/ 0.14% of their portfolio CHARLOTTE, NC 16,351,49016.4m $1.5bn $1.5bn 0.14% Added +205.5k +205,523
3 LPL Financial LLC 0.43% of their portfolio FORT MILL, SC 11,493,71611.5m $1.1bn $1.1bn 0.43% Added +921.5k +921,534
4 UBS Group AG 0.13% of their portfolio ZURICH, V8 6,517,9546.5m $595.9m $595.9m 0.13% Added +185.7k +185,709
5 WELLS FARGO & COMPANY/MN 0.13% of their portfolio SAN FRANCISCO, CA 6,111,1406.1m $558.7m $558.7m 0.13% Added +449.3k +449,256
6 ENVESTNET ASSET MANAGEMENT INC 0.17% of their portfolio Berwyn, PA 5,954,2306.0m $544.4m $544.4m 0.17% Added +281.8k +281,813
7 ROYAL BANK OF CANADA 0.11% of their portfolio TORONTO, A6 5,644,1425.6m $516.0m $516.0m 0.11% Added +283.8k +283,753
8 Capital Wealth Planning, LLC 4.31% of their portfolio NAPLES, FL 5,100,3855.1m $466.3m $466.3m 4.31% Added +1.3m +1,315,895
9 STIFEL FINANCIAL CORP 0.48% of their portfolio ST. LOUIS, MO 5,005,2035.0m $457.6m $457.6m 0.48% Added +285.2k +285,248
10 CAPTRUST FINANCIAL ADVISORS 0.89% of their portfolio RALEIGH, NC 3,394,3223.4m $310.3m $310.3m 0.89% Added +105.7k +105,651
11 TRUIST FINANCIAL CORP 0.44% of their portfolio CHARLOTTE, NC 3,061,9683.1m $280.0m $280.0m 0.44% Reduced -2.2m -2,227,691
12 RAYMOND JAMES FINANCIAL INC 0.09% of their portfolio ST. PETERSBURG, FL 2,716,5412.7m $248.4m $248.4m 0.09% First filing
13 3EDGE Asset Management, LP 14.97% of their portfolio Naples, FL 2,654,4582.7m $242.7m $242.7m 14.97% Added +1.8m +1,770,931
14 OSAIC HOLDINGS, INC. 0.49% of their portfolio SCOTTSDALE, AZ 2,404,9422.4m $219.4m $219.4m 0.49% Reduced -418.1k -418,057
15 Cetera Investment Advisers 0.46% of their portfolio SCHAUMBURG, IL 2,388,2412.4m $218.4m $218.4m 0.46% Added +342.3k +342,314
16 Capital International Investors 0.04% of their portfolio Los Angeles, CA 2,235,7972.2m $204.4m $204.4m 0.04% Reduced -1.1m -1,144,634
17 PARTNERS CAPITAL INVESTMENT GROUP, LLP 5.44% of their portfolio BOSTON, MA 2,162,1432.2m $197.7m $197.7m 5.44% Reduced -172.5k -172,485
18 Beacon Capital Management, Inc. 7.76% of their portfolio DAYTON, OH 1,959,6422.0m $179.2m $179.2m 7.76% Reduced -136.3k -136,282
19 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 1,894,1721.9m $173.2m $173.2m 0.04% Added +118.2k +118,164
20 OPPENHEIMER ASSET MANAGEMENT INC. 2.05% of their portfolio NEW YORK, NY 1,843,0141.8m $168.5m $168.5m 2.05% Reduced -65.1k -65,116
21 CWM, LLC 0.70% of their portfolio OMAHA, NE 1,838,8071.8m $168.1m $168.1m 0.70% Reduced -26.1k -26,132
22 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,744,1891.7m $159.5m $159.5m 0.00% Added +890.3k +890,345
23 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 1.68% of their portfolio Madrid, U3 1,728,6571.7m $159.4m $159.4m 1.68% Reduced -126.1k -126,058
24 Synergy Asset Management, LLC 11.68% of their portfolio VANCOUVER, WA 1,647,9661.6m $151.0m $151.0m 11.68% Added +934.3k +934,254
25 EAGLE CAPITAL MANAGEMENT LLC 0.47% of their portfolio New York, NY 1,422,4411.4m $130.1m $130.1m 0.47% Added +303.9k +303,939
26 AGF MANAGEMENT LTD 0.62% of their portfolio TORONTO, A6 1,361,2591.4m $124.5m $124.5m 0.62% Added +584.7k +584,732
27 Dakota Wealth Management 2.86% of their portfolio PALM BEACH GARDENS, FL 1,360,1801.4m $124.4m $124.4m 2.86% Added +419.0k +418,960
28 Creative Planning 0.12% of their portfolio OVERLAND PARK, KS 1,341,5401.3m $122.7m $122.7m 0.12% Added +171.7k +171,716
29 Cambridge Investment Research Advisors, Inc. 0.41% of their portfolio FAIRFIELD, IA 1,332,7751.3m $121.9m $121.9m 0.41% Added +93.6k +93,647
30 MBL Wealth, LLC 10.92% of their portfolio CHARLOTTE, NC 1,190,6441.2m $108.9m $108.9m 10.92% Added +478.7k +478,736
31 Howard Capital Management, LLC 1.63% of their portfolio Alpharetta, GA 1,148,3671.1m $105.0m $105.0m 1.63% Reduced -34.2k -34,227
32 Equitable Holdings, Inc. 0.99% of their portfolio NEW YORK, NY 1,135,4101.1m $103.8m $103.8m 0.99% Added +553.6k +553,626
33 Ashton Thomas Private Wealth, LLC 4.00% of their portfolio SCOTTSDALE, AZ 1,123,2761.1m $102.7m $102.7m 4.00% Added +889.9k +889,938
34 Sandhill Capital Partners LLC 7.54% of their portfolio BUFFALO, NY 1,051,6611.1m $96.2m $96.2m 7.54% Reduced -119.7k -119,749
35 RENAISSANCE TECHNOLOGIES LLC 0.14% of their portfolio NEW YORK, NY 1,010,0001.0m $92.3m $92.3m 0.14% Added +99.0k +99,000
36 ASSETMARK, INC 0.25% of their portfolio CONCORD, CA 998,844998.8k $91.3m $91.3m 0.25% Added +193.1k +193,091
37 DIMENSION CAPITAL MANAGEMENT LLC 14.47% of their portfolio Coral Gables, FL 969,011969.0k $88.6m $88.6m 14.47% New
38 AQR CAPITAL MANAGEMENT LLC 0.11% of their portfolio Greenwich, CT 963,468963.5k $88.1m $88.1m 0.11% Added +867.7k +867,747
39 Private Advisor Group, LLC 0.49% of their portfolio MORRISTOWN, NJ 949,571949.6k $86.8m $86.8m 0.49% Added +97.2k +97,217
40 Impact Partnership Wealth, LLC 17.32% of their portfolio MARIETTA, GA 938,605938.6k $85.8m $85.8m 17.32% Added +158.0k +157,993
41 IEQ CAPITAL, LLC 0.80% of their portfolio Foster City, CA 904,477904.5k $82.7m $82.7m 0.80% Added +761.7k +761,672
42 AXXCESS WEALTH MANAGEMENT, LLC 2.04% of their portfolio CARLSBAD, CA 901,745901.7k $82.4m $82.4m 2.04% Added +51.1k +51,132
43 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 815,788815.8k $74.6m $74.6m 0.06% Added +180.8k +180,835
44 MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 798,079798.1k $73.0m $73.0m 0.06% Added +161.9k +161,878
45 Cypress Capital, LLC 20.70% of their portfolio FRANKLIN, TN 791,861791.9k $72.4m $72.4m 20.70% Reduced -54.4k -54,376
46 Capital Asset Advisory Services LLC 3.51% of their portfolio Williamston, MI 779,952780.0k $71.3m $71.3m 3.51% Added +15.5k +15,540
47 Twelve Points Wealth Management LLC 19.82% of their portfolio CONCORD, MA 753,952754.0k $68.9m $68.9m 19.82% Added +90.8k +90,756
48 Sollinda Capital Management LLC 18.00% of their portfolio HICKORY, NC 716,304716.3k $65.5m $65.5m 18.00% Added +138.9k +138,907
49 Capital Investment Advisory Services, LLC 6.29% of their portfolio RALEIGH, NC 714,609714.6k $65.3m $65.3m 6.29% Added +68.2k +68,213
50 Advisory Services Network, LLC 1.20% of their portfolio ATLANTA, GA 706,038706.0k $64.6m $64.6m 1.20% Reduced -90.2k -90,187
51 Foundations Investment Advisors, LLC 1.24% of their portfolio PHOENIX, AZ 703,960704.0k $64.4m $64.4m 1.24% Reduced -189.2k -189,238
52 Composition Wealth, LLC 1.29% of their portfolio LOS ANGELES, CA 697,987698.0k $63.8m $63.8m 1.29% Added +167.0k +167,029
53 Delta Investment Management, LLC 12.31% of their portfolio SAN FRANCISCO, CA 691,220691.2k $63.2m $63.2m 12.31% Added +554.1k +554,139
54 CWA Asset Management Group, LLC 3.02% of their portfolio NAPLES, FL 654,730654.7k $59.9m $59.9m 3.02% Added +352.1k +352,113
55 COMMONWEALTH EQUITY SERVICES, LLC 0.09% of their portfolio WALTHAM, MA 649,424649.4k $59.4m $59.4m 0.09% Reduced -90.9k -90,933
56 Envestnet Portfolio Solutions, Inc. 0.19% of their portfolio BERWYN, PA 628,996629.0k $57.5m $57.5m 0.19% Added +197.0k +196,983
57 Mariner, LLC 0.09% of their portfolio Overland Park, KS 616,992617.0k $56.4m $56.4m 0.09% Added +153.5k +153,472
58 Baird Financial Group, Inc. 0.10% of their portfolio MILWAUKEE, WI 595,207595.2k $54.4m $54.4m 0.10% Reduced -27.6k -27,554
59 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 579,545579.5k $53.0m $53.0m 0.00% Reduced -397.8k -397,787
60 EP Wealth Advisors, LLC 0.43% of their portfolio TORRANCE, CA 572,020572.0k $52.3m $52.3m 0.43% Reduced -11.7k -11,745
61 Rockefeller Capital Management L.P. 0.13% of their portfolio NEW YORK, NY 565,384565.4k $51.7m $51.7m 0.13% Added +103.7k +103,659
62 HSBC HOLDINGS PLC 0.03% of their portfolio LONDON, X0 549,010549.0k $50.2m $50.2m 0.03% Reduced -123.1k -123,100
63 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 547,055547.1k $50.0m $50.0m 0.07% Added +137.0k +137,041
64 MONETA GROUP INVESTMENT ADVISORS LLC 0.69% of their portfolio ST LOUIS, MO 542,600542.6k $49.6m $49.6m 0.69% Added +154.7k +154,715
65 Running Point Capital Advisors, LLC 16.70% of their portfolio EL SEGUNDO, CA 533,322533.3k $48.8m $48.8m 16.70% Added +274.4k +274,412
66 Federation des caisses Desjardins du Quebec 0.24% of their portfolio LEVIS, A8 525,671525.7k $48.1m $48.1m 0.24% Added +212.1k +212,060
67 St. Louis Financial Planners Asset Management, LLC 34.12% of their portfolio CHESTERFIELD, MO 516,560516.6k $47.2m $47.2m 34.12% Added +72.9k +72,861
68 Acorns Advisers, LLC 0.45% of their portfolio IRVINE, CA 508,855508.9k $46.5m $46.5m 0.45% Added +6.8k +6,801
69 Northstar Group, Inc. 7.49% of their portfolio NEW YORK, NY 489,008489.0k $44.7m $44.7m 7.49% Added +66.6k +66,560
70 Salomon & Ludwin, LLC 4.67% of their portfolio RICHMOND, VA 482,471482.5k $44.1m $44.1m 4.67% Reduced -856 -856
71 Atria Wealth Solutions, Inc. 0.48% of their portfolio NEW YORK, NY 474,238474.2k $43.4m $43.4m 0.48% Added +50.0k +49,955
72 49 WEALTH MANAGEMENT, LLC 6.04% of their portfolio AUSTIN, TX 463,294463.3k $42.4m $42.4m 6.04% Added +90.7k +90,740
73 Fortis Group Advisors, LLC 7.69% of their portfolio WESTWOOD, NJ 451,561451.6k $41.3m $41.3m 7.69% Added +53.1k +53,080
74 McElhenny Sheffield Capital Management, LLC 13.55% of their portfolio DALLAS, TX 442,140442.1k $40.4m $40.4m 13.55% Added +429.7k +429,692
75 MML INVESTORS SERVICES, LLC 0.14% of their portfolio SPRINGFIELD, MA 429,129429.1k $39.2m $39.2m 0.14% Added +128.3k +128,340
76 Financial & Tax Architects, LLC 9.89% of their portfolio ST LOUIS, MO 424,653424.7k $38.8m $38.8m 9.89% Added +199.3k +199,255
77 Integrated Advisors Network LLC 1.82% of their portfolio DALLAS, TX 415,634415.6k $38.0m $38.0m 1.82% Added +262.1k +262,125
78 RFG Advisory, LLC 1.07% of their portfolio BIRMINGHAM, AL 413,894413.9k $37.8m $37.8m 1.07% Added +159.3k +159,307
79 Carrera Capital Advisors 8.50% of their portfolio TROY, MI 397,318397.3k $36.3m $36.3m 8.50% Added +34.8k +34,767
80 SPROTT INC. 2.40% of their portfolio TORONTO, A6 394,009394.0k $36.0m $36.0m 2.40% Added +196.7k +196,680
81 St. James Investment Company, LLC 6.22% of their portfolio SOUTHLAKE, TX 393,998394.0k $36.0m $36.0m 6.22% Added +103.2k +103,165
82 Trilogy Capital Inc. 1.85% of their portfolio IRVINE, CA 393,587393.6k $36.0m $36.0m 1.85% Reduced -204.4k -204,432
83 NATIXIS ADVISORS, LLC 0.07% of their portfolio Boston, MA 393,315393.3k $36.0m $36.0m 0.07% Added +24.2k +24,205
84 CENTAURUS FINANCIAL, INC. 2.17% of their portfolio ANAHEIM, CA 389,405389.4k $35.6m $35.6m 2.17% Reduced -79.2k -79,206
85 Bridgewealth Advisory Group, LLC 9.78% of their portfolio Fresno, CA 378,217378.2k $34.6m $34.6m 9.78% Added +63.8k +63,824
86 SYKON CAPITAL LLC 11.74% of their portfolio HARRISON, NY 372,757372.8k $34.1m $34.1m 11.74% Added +343.0k +343,031
87 TOWNSQUARE CAPITAL LLC 0.38% of their portfolio Lehi, UT 372,128372.1k $34.0m $34.0m 0.38% Added +207.2k +207,169
88 WESTWOOD HOLDINGS GROUP INC 0.26% of their portfolio DALLAS, TX 371,285371.3k $33.9m $33.9m 0.26% Added +108.5k +108,542
89 Turning Point Benefit Group, Inc. 31.59% of their portfolio FREDERICK, MD 363,349363.3k $33.2m $33.2m 31.59% First filing
90 BRASADA CAPITAL MANAGEMENT, LP 5.89% of their portfolio HOUSTON, TX 362,045362.0k $33.1m $33.1m 5.89% Added +173.9k +173,889
91 Convergence Financial, LLC 6.54% of their portfolio COLUMBIA, MO 358,722358.7k $32.8m $32.8m 6.54% Reduced -70.1k -70,098
92 Brookstone Capital Management 0.48% of their portfolio WHEATON, IL 358,293358.3k $32.8m $32.8m 0.48% Reduced -43.0k -42,990
93 Auour Investments LLC 11.16% of their portfolio WOBURN, MA 347,740347.7k $31.9m $31.9m 11.16% Reduced -12.4k -12,371
94 Focus Partners Wealth 0.04% of their portfolio ST LOUIS, MO 342,892342.9k $31.4m $31.4m 0.04% Added +285.1k +285,138
95 Hibernia Wealth Partners, LLC 23.82% of their portfolio BATON ROUGE, LA 340,621340.6k $31.1m $31.1m 23.82% Reduced -299.1k -299,062
96 AVANTAX ADVISORY SERVICES, INC. 0.19% of their portfolio DALLAS, TX 336,885336.9k $30.8m $30.8m 0.19% Added +47.0k +46,951
97 HANOVER ADVISORS INC 12.83% of their portfolio SENECA, SC 334,535334.5k $30.6m $30.6m 12.83% Added +27.5k +27,524
98 KEATING INVESTMENT COUNSELORS INC 9.36% of their portfolio DELRAY BEACH, FL 327,742327.7k $30.0m $30.0m 9.36% Added +47.2k +47,151
99 Empirical Asset Management, LLC 0.21% of their portfolio WELLESLEY, MA 327,484327.5k $624.9k $624.9k 0.21% Added +324.7k +324,712
100 First Eagle Investment Management, LLC 0.07% of their portfolio NEW YORK, NY 322,746322.7k $29.5m $29.5m 0.07% Reduced -32.8k -32,848