Vault-13

SPDR SER TR TFI

NUVEEN BLMBRG MU · ETP · CUSIP 78468R721

311 institutional holders -13 vs Q4 2024
62,669,90762.7m shares reported held*
$2.8bnreported value*
25 new 100 added 117 reduced 39 sold out net sold ≈ $360.2m (-8.0m 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 ($543.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $45.07.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 316Q4 22: 320Q1 23: 300Q2 23: 311Q3 23: 296Q4 23: 315Q1 24: 297Q2 24: 298Q3 24: 302Q4 24: 324Q1 25: 311311Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022316
Q4 2022320
Q1 2023300
Q2 2023311
Q3 2023296
Q4 2023315
Q1 2024297
Q2 2024298
Q3 2024302
Q4 2024324
Q1 2025311

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 133 bought or addedQ2 23: 127 cut or sold outQ3 23: 131 bought or addedQ3 23: 153 cut or sold outQ3 23Q4 23: 155 bought or addedQ4 23: 144 cut or sold outQ1 24: 121 bought or addedQ1 24: 151 cut or sold outQ1 24Q2 24: 126 bought or addedQ2 24: 140 cut or sold outQ3 24: 125 bought or addedQ3 24: 145 cut or sold outQ3 24Q4 24: 147 bought or addedQ4 24: 134 cut or sold outQ1 25: 125 bought or addedQ1 25: 156 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023133127
Q3 2023131153
Q4 2023155144
Q1 2024121151
Q2 2024126140
Q3 2024125145
Q4 2024147134
Q1 2025125156

Biggest buyers

JPMORGAN CHASE & CO Added +5,791,093+5.8m
Betterment LLC Added +2,094,084+2.1m
BANK OF MONTREAL /CAN/ Added +537,148+537.1k
Elequin Capital, LP Added +347,498+347.5k
Austin Private Wealth, LLC Added +318,049+318.0k
RAYMOND JAMES FINANCIAL INC Added +242,363+242.4k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +194,694+194.7k
Wealthcare Advisory Partners LLC Added +122,594+122.6k
Quadrature Capital Ltd New +83,607+83.6k
Cetera Investment Advisers Added +69,505+69.5k

Biggest sellers

MORGAN STANLEY Reduced -9,713,461-9.7m
BANK OF AMERICA CORP /DE/ Reduced -5,838,843-5.8m
CLIFTONLARSONALLEN WEALTH ADVISORS, LLC Reduced -1,345,794-1.3m
Envestnet Portfolio Solutions, Inc. Reduced -199,831-199.8k
Fisher Asset Management, LLC Reduced -162,917-162.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -127,482-127.5k
ENVESTNET ASSET MANAGEMENT INC Reduced -92,309-92.3k
McAdam, LLC Reduced -89,957-90.0k
OSAIC HOLDINGS, INC. Reduced -72,896-72.9k
AMERIPRISE FINANCIAL INC Reduced -69,861-69.9k

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 13,183,12813.2m $594.2m $594.2m 0.05% Reduced -5.8m -5,838,843
2 Betterment LLC 0.98% of their portfolio NEW YORK, NY 9,181,9839.2m $413.8m $413.8m 0.98% Added +2.1m +2,094,084
3 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 6,315,3096.3m $284.6m $284.6m 0.02% Added +5.8m +5,791,093
4 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.18% of their portfolio MILWAUKEE, WI 4,938,7094.9m $222.6m $222.6m 0.18% Added +194.7k +194,694
5 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,943,1503.9m $177.7m $177.7m 0.01% Reduced -9.7m -9,713,461
6 Fisher Asset Management, LLC 0.06% of their portfolio PLANO, TX 3,236,7023.2m $145.9m $145.9m 0.06% Reduced -162.9k -162,917
7 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,925,6691.9m $86.8m $86.8m 0.03% Reduced -92.3k -92,309
8 BANK OF MONTREAL /CAN/ 0.04% of their portfolio TORONTO, A6 1,467,8401.5m $66.2m $66.2m 0.04% Added +537.1k +537,148
9 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,244,5151.2m $56.1m $56.1m 0.02% Added +44.9k +44,863
10 UBS Group AG 0.01% of their portfolio ZURICH, V8 773,057773.1k $34.8m $34.8m 0.01% Added +37.3k +37,279
11 Financial Engines Advisors L.L.C. 0.07% of their portfolio SANTA CLARA, CA 734,069734.1k $33.1m $33.1m 0.07% Reduced -23.3k -23,277
12 ASSETMARK, INC 0.08% of their portfolio CONCORD, CA 685,579685.6k $30.9m $30.9m 0.08% Reduced -4.9k -4,859
13 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 513,756513.8k $23.2m $23.2m 0.01% Added +242.4k +242,363
14 Foster Group, Inc. 0.83% of their portfolio WEST DES MOINES, IA 491,429491.4k $22.1m $22.1m 0.83% Reduced -7.8k -7,850
15 One Capital Management, LLC 0.75% of their portfolio WESTLAKE VILLAGE, CA 489,070489.1k $22.0m $22.0m 0.75% Reduced -35.2k -35,230
16 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 457,554457.6k $20.6m $20.6m 0.00% Added +19.5k +19,522
17 Allworth Financial LP 0.11% of their portfolio FOLSOM, CA 447,006447.0k $19.8m $19.8m 0.11% Added +28.6k +28,580
18 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.36% of their portfolio MINNEAPOLIS, MN 424,225424.2k $19.1m $19.1m 0.36% Reduced -1.3m -1,345,794
19 Revolve Wealth Partners, LLC 2.76% of their portfolio Hackensack, NJ 424,019424.0k $19.1m $19.1m 2.76% Added +9.2k +9,157
20 Avidian Wealth Enterprises, LLC 0.85% of their portfolio Houston, TX 423,250423.2k $19.1m $19.1m 0.85% Added +46.4k +46,432
21 Wealthcare Advisory Partners LLC 0.50% of their portfolio WEST CHESTER, PA 416,343416.3k $18.8m $18.8m 0.50% Added +122.6k +122,594
22 Austin Private Wealth, LLC 1.46% of their portfolio Austin, TX 361,314361.3k $16.3m $16.3m 1.46% Added +318.0k +318,049
23 Elequin Capital, LP 3.02% of their portfolio NEW YORK, NY 356,854356.9k $16.1m $16.1m 3.02% Added +347.5k +347,498
24 Arax Advisory Partners 0.99% of their portfolio NEW YORK, NY 343,196343.2k $15.5m $15.5m 0.99% Added +42.6k +42,586
25 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 330,185330.2k $14.9m $14.9m 0.02% Added +34.9k +34,901
26 Ackerman Capital Advisors, LLC 3.86% of their portfolio DALLAS, TX 323,890323.9k $14.6m $14.6m 3.86% Reduced -18.4k -18,428
27 JFS WEALTH ADVISORS, LLC 0.96% of their portfolio HERMITAGE, PA 316,310316.3k $14.3m $14.3m 0.96% Reduced -7.4k -7,420
28 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 289,995290.0k $13.1m $13.1m 0.03% Added +69.5k +69,505
29 STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio MADISON, WI 285,800285.8k $12.9m $12.9m 0.03% Unchanged
30 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 281,724281.7k $12.7m $12.7m 0.02% Added +32.3k +32,326
31 HBK Sorce Advisory LLC 0.36% of their portfolio ERIE, PA 273,739273.7k $12.3m $12.3m 0.36% Reduced -18.3k -18,307
32 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 203,033203.0k $9.2m $9.2m 0.02% Reduced -72.9k -72,896
33 TD PRIVATE CLIENT WEALTH LLC 0.25% of their portfolio NEW YORK, NY 200,022200.0k $9.0m $9.0m 0.25% Added +13.5k +13,480
34 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 194,011194.0k $8.7m $8.7m 0.03% Reduced -5.1k -5,086
35 Sterling Financial Group, Inc. 2.83% of their portfolio PASADENA, CA 174,012174.0k $7.8m $7.8m 2.83% Reduced -7.5k -7,462
36 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 173,416173.4k $7.8m $7.8m 0.01% Added +181 +181
37 Wealthspire Advisors, LLC 0.05% of their portfolio NEW YORK, NY 168,824168.8k $7.6m $7.6m 0.05% Reduced -2.9k -2,907
38 MATHER GROUP, LLC. 0.09% of their portfolio CHICAGO, IL 168,555168.6k $7.6m $7.6m 0.09% Reduced -10.6k -10,574
39 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 168,306168.3k $7.6m $7.6m 0.00% Reduced -69.9k -69,861
40 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 161,163161.2k $7.3m $7.3m 0.02% Added +3.8k +3,803
41 Crestwood Advisors Group, LLC 0.14% of their portfolio BOSTON, MA 157,674157.7k $7.1m $7.1m 0.14% Reduced -10.5k -10,463
42 McAdam, LLC 0.40% of their portfolio Philadelphia, PA 142,491142.5k $6.4m $6.4m 0.40% Reduced -90.0k -89,957
43 WEALTHCARE CAPITAL MANAGEMENT LLC 0.64% of their portfolio RICHMOND, VA 139,895139.9k $6.3m $6.3m 0.64% Added +10.4k +10,406
44 Mariner, LLC 0.01% of their portfolio Overland Park, KS 138,897138.9k $6.2m $6.2m 0.01% Added +6.5k +6,518
45 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 129,534129.5k $5.8m $5.8m 0.01% Added +5.3k +5,304
46 &PARTNERS 0.06% of their portfolio NASHVILLE, TN 126,664126.7k $5.7m $5.7m 0.06% Added +2.2k +2,219
47 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 126,368126.4k $5.7m $5.7m 0.01% Reduced -20.3k -20,261
48 PARK AVENUE SECURITIES LLC 0.07% of their portfolio NEW YORK, NY 117,679117.7k $5.3m $5.3m 0.07% Reduced -5.6k -5,564
49 SAGE FINANCIAL GROUP INC 0.42% of their portfolio W. CONSHOHOCKEN, PA 116,575116.6k $5.3m $5.3m 0.42% Reduced -1.1k -1,101
50 CWM, LLC 0.02% of their portfolio OMAHA, NE 102,962103.0k $4.6m $4.6m 0.02% Reduced -31.5k -31,468
51 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 102,669102.7k $4.6m $4.6m 0.00% Added +1.4k +1,402
52 PURE PORTFOLIOS HOLDINGS LLC 1.61% of their portfolio LAKE OSWEGO, OR 97,17597.2k $4.4m $4.4m 1.61% Added +6.3k +6,253
53 Aquire Wealth Advisors, LLC 1.32% of their portfolio Salt Lake City, UT 95,05495.1k $4.3m $4.3m 1.32% Reduced -652 -652
54 TruNorth Capital Management, LLC 1.06% of their portfolio KALAMAZOO, MI 94,48294.5k $4.3m $4.3m 1.06% Added +10.7k +10,731
55 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 94,28794.3k $4.2m $4.2m 0.00% Added +9.6k +9,616
56 Fourth Dimension Wealth, LLC 2.00% of their portfolio MIDDLEBURG HEIGHTS, OH 91,65191.7k $4.1m $4.1m 2.00% Added +15.8k +15,798
57 Cullen/Frost Bankers, Inc. 0.06% of their portfolio San Antonio, TX 91,55391.6k $4.1m $4.1m 0.06% Reduced -2.5k -2,500
58 GREAT VALLEY ADVISOR GROUP, INC. 0.09% of their portfolio WILMINGTON, DE 90,75290.8k $4.1m $4.1m 0.09% Added +149 +149
59 Versant Capital Management, Inc 0.67% of their portfolio PHOENIX, AZ 88,51488.5k $4.0m $4.0m 0.67% Reduced -6.1k -6,062
60 COMERICA BANK 0.02% of their portfolio DALLAS, TX 85,47485.5k $3.9m $3.9m 0.02% Reduced -52.8k -52,817
61 Mayflower Financial Advisors, LLC 0.58% of their portfolio BOSTON, MA 85,31685.3k $3.8m $3.8m 0.58% Reduced -333 -333
62 Quadrature Capital Ltd 0.08% of their portfolio LONDON, X0 83,60783.6k $3.8m $3.8m 0.08% New
63 HHM Wealth Advisors, LLC 0.47% of their portfolio CHATTANOOGA, TN 77,98178.0k $3.5m $3.5m 0.47% Added +6.0k +5,986
64 Towercrest Capital Management 0.65% of their portfolio NEWTOWN, PA 75,55775.6k $3.4m $3.4m 0.65% Reduced -2.2k -2,199
65 Invst, LLC 0.45% of their portfolio INDIANAPOLIS, IN 73,16873.2k $3.3m $3.3m 0.45% Reduced -33.8k -33,770
66 Alliance Wealth Management Group 0.85% of their portfolio FLEMINGTON, NJ 70,37870.4k $3.2m $3.2m 0.85% Reduced -2.3k -2,304
67 Northeast Financial Group, Inc. 1.15% of their portfolio Allentown, PA 68,50868.5k $3.1m $3.1m 1.15% Added +11.4k +11,444
68 Johnson Financial Group, LLC 0.32% of their portfolio Denver, CO 67,94267.9k $3.1m $3.1m 0.32% Reduced -24.0k -24,018
69 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 63,18363.2k $2.8m $2.8m 0.01% Reduced -20.1k -20,123
70 Steele Capital Management, Inc. 0.15% of their portfolio DUBUQUE, IA 63,10663.1k $2.8m $2.8m 0.15% Added +500 +500
71 COLLECTIVE FAMILY OFFICE LLC 0.74% of their portfolio YORK, PA 60,69060.7k $2.7m $2.7m 0.74% Added +4.4k +4,367
72 CX Institutional 0.10% of their portfolio AUBURN, IN 60,14560.1k $2.7m $2.7m 0.10% Added +55.8k +55,839
73 SteelPeak Wealth, LLC 0.11% of their portfolio WOODLAND HILLS, CA 59,00759.0k $2.7m $2.7m 0.11% Added +20.2k +20,244
74 Evensky & Katz LLC 0.17% of their portfolio CORAL GABLES, FL 56,38556.4k $2.5m $2.5m 0.17% Reduced -2.6k -2,568
75 Beacon Pointe Advisors, LLC 0.03% of their portfolio NEWPORT BEACH, CA 55,58355.6k $2.5m $2.5m 0.03% Reduced -27.9k -27,872
76 SWS Partners 0.80% of their portfolio COLUMBUS, OH 54,30954.3k $2.4m $2.4m 0.80% Reduced -36.7k -36,738
77 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 53,88153.9k $2.4m $2.4m 0.00% Reduced -42.4k -42,419
78 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 51,77751.8k $2.3m $2.3m 0.01% Reduced -23.1k -23,065
79 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 51,74651.7k $2.3m $2.3m 0.01% Reduced -2.1k -2,133
80 JFG Wealth Management, LLC 0.53% of their portfolio Denver, CO 51,65451.7k $2.3m $2.3m 0.53% Reduced -1.8k -1,821
81 WealthShield Partners, LLC 0.30% of their portfolio CARY, NC 51,14651.1k $2.3m $2.3m 0.30% Reduced -4.2k -4,183
82 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 51,05351.1k $2.3m $2.3m 0.01% Added +26.5k +26,471
83 Cornerstone Wealth Management, LLC 0.15% of their portfolio ST. PETERS, MO 48,25248.3k $2.2m $2.2m 0.15% Unchanged
84 FIRST NATIONAL CORP /MA/ /ADV 0.44% of their portfolio ROCKLAND, MA 44,18844.2k $2.0m $2.0m 0.44% Added +311 +311
85 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 43,00143.0k $1.9m $1.9m 0.01% Reduced -199.8k -199,831
86 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 41,51241.5k $1.9m $1.9m 0.00% Added +1.2k +1,240
87 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 40,81040.8k $1.8m $1.8m 0.01% Added +19.8k +19,834
88 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.02% of their portfolio IRVING, TX 39,70639.7k $1.8m $1.8m 0.02% Added +55 +55
89 HARBOUR INVESTMENTS, INC. 0.05% of their portfolio MADISON, WI 36,37136.4k $1.6m $1.6m 0.05% Reduced -2.4k -2,378
90 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 35,97036.0k $1.6m $1.6m 0.01% Reduced -117 -117
91 Cornerstone Wealth Group, LLC 0.13% of their portfolio HUNTERSVILLE, NC 35,64635.6k $1.6m $1.6m 0.13% Added +5.1k +5,077
92 Moser Wealth Advisors, LLC 0.84% of their portfolio BELLEVUE, WA 35,44035.4k $1.6m $1.6m 0.84% Added +400 +400
93 EAGLE ROCK INVESTMENT COMPANY, LLC 0.27% of their portfolio ATLANTA, GA 35,25735.3k $1.6m $1.6m 0.27% Unchanged
94 EFG Private Wealth Management (Americas) Corp. 0.32% of their portfolio MIAMI, FL 35,01035.0k $1.6m $1.6m 0.32% Added +282 +282
95 One Wealth Advisors, LLC 0.23% of their portfolio SAN FRANCISCO, CA 34,60334.6k $1.6m $1.6m 0.23% Reduced -589 -589
96 NICOLET ADVISORY SERVICES, LLC 0.15% of their portfolio GREEN BAY, WI 34,59034.6k $1.5m $1.5m 0.15% Added +28.0k +28,047
97 Facet Wealth, Inc. 0.04% of their portfolio WEST PALM BEACH, FL 34,29534.3k $1.5m $1.5m 0.04% Added +27.1k +27,079
98 WBH ADVISORY INC 0.14% of their portfolio BALTIMORE, MD 34,27134.3k $1.5m $1.5m 0.14% Added +2.3k +2,312
99 Goodman Advisory Group, LLC 0.46% of their portfolio NEEDHAM, MA 33,29633.3k $1.5m $1.5m 0.46% Reduced -4.4k -4,366
100 IFP Advisors, Inc 0.05% of their portfolio TAMPA, FL 33,25033.2k $1.5m $1.5m 0.05% Reduced -3.0k -3,005