SPDR SER TR MMTM
S&P1500MOMTILT · ETP · CUSIP 78468R705
34
institutional holders
+2 vs Q1 2023
221.0k
shares reported held*
$40.7mreported value*
7 new
10 added
7 reduced
4 sold out
net bought ≈ $7.0m (+38.2k 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. Holder counts are more reliable. Implied quarter-end price ≈ $184.28. Options: 3 managers hold calls ($1.1m notional), 2 hold puts ($4.2m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 26 |
| Q4 2022 | 27 |
| Q1 2023 | 32 |
| Q2 2023 | 34 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 14 | 12 |
| Q1 2023 | 15 | 9 |
| Q2 2023 | 17 | 11 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $0 | $0 | — |
| Q4 2022 | $0 | $0 | — |
| Q1 2023 | $122.0k | $0 | 0.00 |
| Q2 2023 | $1.1m | $4.2m | 3.94 |
Biggest buyers
| MAGNOLIA CAPITAL ADVISORS LLC | New | +16.2k |
| Baltimore-Washington Financial Advisors, Inc. | Added | +15.4k |
| LPL Financial LLC | Added | +9.0k |
| IFP Advisors, Inc | Added | +4.1k |
| Belvedere Trading LLC | New | +2.7k |
| ROYAL BANK OF CANADA | Added | +2.0k |
| Steward Partners Investment Advisory, LLC | Added | +1.6k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | New | +1.1k |
| VitalStone Financial, LLC | New | +812 |
| MORGAN STANLEY | Added | +573 |
Biggest sellers
| CITADEL ADVISORS LLC | Reduced | -6.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -3.2k |
| ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC | Reduced | -3.1k |
| Professional Financial Advisors, LLC | Reduced | -1.5k |
| Raymond James Financial Services Advisors, Inc. | Reduced | -532 |
| BANK OF AMERICA CORP /DE/ | Reduced | -325 |
| Cutler Group LLC / CA | Sold out | -200 |
| Western Wealth Management, LLC | Reduced | -106 |
| Southland Equity Partners LLC | Reduced | -57 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | Sold out | -55 |
Biggest calls
| Cutler Group LLC / CA | Added | $846.0k45.0k shares |
| Belvedere Trading LLC | New | $222.6k1.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Belvedere Trading LLC | New | $4.2m22.5k shares |
| Cutler Group LLC / CA | New | $37.0k22.5k 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
| Manager | Shares | Change |
|---|---|---|
| LPL Financial LLC 0.01% of their portfolio | 58.0k $10.8m | Added +9.0k |
| Baltimore-Washington Financial Advisors, Inc. 0.52% of their portfolio | 34.8k $6.5m | Added +15.4k |
| Professional Financial Advisors, LLC 2.43% of their portfolio | 25.3k $4.7m | Reduced -1.5k |
| MAGNOLIA CAPITAL ADVISORS LLC 1.51% of their portfolio | 16.2k $3.0m | New |
| ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC 1.17% of their portfolio | 13.6k $2.5m | Reduced -3.1k |
| Steward Partners Investment Advisory, LLC 0.03% of their portfolio | 10.5k $2.0m | Added +1.6k |
| Western Wealth Management, LLC 0.16% of their portfolio | 9.8k $1.8m | Reduced -106 |
| IFP Advisors, Inc 0.03% of their portfolio | 8.1k $1.2m | Added +4.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 7.7k $1.4m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 7.3k $1.4m | Reduced -325 |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 4.3k $793.5k | Reduced -532 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 3.9k $728.0k | Added +2.0k |
| MORGAN STANLEY 0.00% of their portfolio | 3.1k $574.0k | Added +573 |
| Belvedere Trading LLC 0.16% of their portfolio | 2.7k $492.9k | New |
| Southland Equity Partners LLC 0.16% of their portfolio | 2.5k $468.3k | Reduced -57 |
| RFG Advisory, LLC 0.02% of their portfolio | 2.1k $383.3k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 2.0k $364.3k | Added +56 |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 1.7k $314.0k | Added +14 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 1.4k $267.7k | Reduced -6.7k |
| Mezzasalma Advisors, LLC 0.14% of their portfolio | 1.2k $225.4k | Unchanged |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 1.1k $212.4k | New |
| VitalStone Financial, LLC 0.08% of their portfolio | 812 $138.0k | New |
| CWM, LLC 0.00% of their portfolio | 545 $101.0k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 533 $98.9k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 394 $73.1k | New |
| AdvisorNet Financial, Inc 0.01% of their portfolio | 351 $65.1k | Unchanged |
| JFS WEALTH ADVISORS, LLC 0.00% of their portfolio | 267 $49.5k | Unchanged |
| Spire Wealth Management 0.00% of their portfolio | 266 $49.4k | Added +1 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 147 $27.3k | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 137 $25.5k | Unchanged |
| ORG Partners LLC 0.00% of their portfolio | 70 $13.0k | New |
| Castleview Partners, LLC 0.01% of their portfolio | 55 $10.2k | Added +3 |
| UBS Group AG 0.00% of their portfolio | 40 $7.4k | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |