Vault-13

SPDR SER TR TFI

NUVEEN BLMBRG MU · ETP · CUSIP 78468R721

305 institutional holders -6 vs Q1 2025
61,967,94462.0m shares reported held*
$2.8bnreported value*
40 new 88 added 119 reduced 49 sold out net sold ≈ $33.3m (-745.0k 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 ($532.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $44.68.

Trends to Q2 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: 311Q2 25: 305305Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025305

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 131 bought or addedQ3 23: 153 cut or sold outQ4 23: 155 bought or addedQ4 23: 144 cut or sold outQ4 23Q1 24: 121 bought or addedQ1 24: 151 cut or sold outQ2 24: 126 bought or addedQ2 24: 140 cut or sold outQ2 24Q3 24: 125 bought or addedQ3 24: 145 cut or sold outQ4 24: 147 bought or addedQ4 24: 134 cut or sold outQ4 24Q1 25: 125 bought or addedQ1 25: 156 cut or sold outQ2 25: 128 bought or addedQ2 25: 168 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023131153
Q4 2023155144
Q1 2024121151
Q2 2024126140
Q3 2024125145
Q4 2024147134
Q1 2025125156
Q2 2025128168

Biggest buyers

Betterment LLC Added +3,945,532+3.9m
BANK OF AMERICA CORP /DE/ Added +387,757+387.8k
RAYMOND JAMES FINANCIAL INC Added +371,228+371.2k
ROYAL BANK OF CANADA Added +367,611+367.6k
JANE STREET GROUP, LLC Added +360,574+360.6k
Austin Private Wealth, LLC Added +291,473+291.5k
Wealthcare Advisory Partners LLC Added +215,071+215.1k
BANK OF MONTREAL /CAN/ Added +204,535+204.5k
TRUIST FINANCIAL CORP Added +173,636+173.6k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +163,110+163.1k

Biggest sellers

JPMORGAN CHASE & CO Reduced -5,552,266-5.6m
MORGAN STANLEY Reduced -444,339-444.3k
Elequin Capital, LP Reduced -352,834-352.8k
UBS Group AG Reduced -267,273-267.3k
Ackerman Capital Advisors, LLC Reduced -237,230-237.2k
Fisher Asset Management, LLC Reduced -130,373-130.4k
SAGE FINANCIAL GROUP INC Reduced -104,897-104.9k
ENVESTNET ASSET MANAGEMENT INC Reduced -96,799-96.8k
Quadrature Capital Ltd Sold out -83,607-83.6k
JFS WEALTH ADVISORS, LLC Reduced -64,890-64.9k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 13,570,88513.6m $606.2m $606.2m 0.05% Added +387.8k +387,757
2 Betterment LLC 1.25% of their portfolio NEW YORK, NY 13,127,51513.1m $586.4m $586.4m 1.25% Added +3.9m +3,945,532
3 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.17% of their portfolio MILWAUKEE, WI 5,101,8195.1m $227.9m $227.9m 0.17% Added +163.1k +163,110
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,498,8113.5m $156.3m $156.3m 0.01% Reduced -444.3k -444,339
5 Fisher Asset Management, LLC 0.06% of their portfolio PLANO, TX 3,106,3293.1m $138.8m $138.8m 0.06% Reduced -130.4k -130,373
6 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,828,8701.8m $81.7m $81.7m 0.02% Reduced -96.8k -96,799
7 BANK OF MONTREAL /CAN/ 0.04% of their portfolio TORONTO, A6 1,672,3751.7m $74.7m $74.7m 0.04% Added +204.5k +204,535
8 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,319,1511.3m $58.9m $58.9m 0.02% Added +74.6k +74,636
9 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 884,984885.0k $39.5m $39.5m 0.01% Added +371.2k +371,228
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 763,043763.0k $34.1m $34.1m 0.00% Reduced -5.6m -5,552,266
11 Financial Engines Advisors L.L.C. 0.06% of their portfolio SANTA CLARA, CA 728,219728.2k $32.5m $32.5m 0.06% Reduced -5.8k -5,850
12 ASSETMARK, INC 0.07% of their portfolio CONCORD, CA 668,180668.2k $29.8m $29.8m 0.07% Reduced -17.4k -17,399
13 Austin Private Wealth, LLC 2.31% of their portfolio Austin, TX 652,787652.8k $29.2m $29.2m 2.31% Added +291.5k +291,473
14 Wealthcare Advisory Partners LLC 0.64% of their portfolio WEST CHESTER, PA 631,414631.4k $28.2m $28.2m 0.64% Added +215.1k +215,071
15 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 548,389548.4k $24.5m $24.5m 0.01% Added +90.8k +90,835
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 505,784505.8k $22.6m $22.6m 0.00% Reduced -267.3k -267,273
17 Foster Group, Inc. 0.73% of their portfolio WEST DES MOINES, IA 480,422480.4k $21.5m $21.5m 0.73% Reduced -11.0k -11,007
18 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 470,280470.3k $21.0m $21.0m 0.00% Added +367.6k +367,611
19 One Capital Management, LLC 0.71% of their portfolio WESTLAKE VILLAGE, CA 461,780461.8k $20.6m $20.6m 0.71% Reduced -27.3k -27,290
20 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 423,757423.8k $18.9m $18.9m 0.03% Added +360.6k +360,574
21 Avidian Wealth Enterprises, LLC 0.76% of their portfolio Houston, TX 416,232416.2k $18.6m $18.6m 0.76% Reduced -7.0k -7,018
22 Allworth Financial LP 0.09% of their portfolio FOLSOM, CA 415,739415.7k $18.6m $18.6m 0.09% Reduced -31.3k -31,267
23 Revolve Wealth Partners, LLC 2.41% of their portfolio Hackensack, NJ 412,345412.3k $18.4m $18.4m 2.41% Reduced -11.7k -11,674
24 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.28% of their portfolio MINNEAPOLIS, MN 370,864370.9k $16.6m $16.6m 0.28% Reduced -53.4k -53,361
25 Arax Advisory Partners 0.73% of their portfolio NEW YORK, NY 352,771352.8k $15.8m $15.8m 0.73% Added +9.6k +9,575
26 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 336,967337.0k $15.1m $15.1m 0.01% Added +6.8k +6,782
27 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 327,009327.0k $14.7m $14.7m 0.03% Added +124.0k +123,976
28 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 303,170303.2k $13.5m $13.5m 0.02% Added +173.6k +173,636
29 STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio MADISON, WI 285,800285.8k $12.8m $12.8m 0.03% Unchanged
30 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 285,047285.0k $12.7m $12.7m 0.02% Reduced -4.9k -4,948
31 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 267,236267.2k $11.9m $11.9m 0.01% Reduced -14.5k -14,488
32 JFS WEALTH ADVISORS, LLC 0.71% of their portfolio HERMITAGE, PA 251,420251.4k $11.2m $11.2m 0.71% Reduced -64.9k -64,890
33 HBK Sorce Advisory LLC 0.30% of their portfolio ERIE, PA 246,967247.0k $11.0m $11.0m 0.30% Reduced -26.8k -26,772
34 Mariner, LLC 0.01% of their portfolio Overland Park, KS 223,413223.4k $10.0m $10.0m 0.01% Added +84.5k +84,516
35 Crestwood Advisors Group, LLC 0.16% of their portfolio BOSTON, MA 197,508197.5k $8.8m $8.8m 0.16% Added +39.8k +39,834
36 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 177,133177.1k $7.9m $7.9m 0.02% Reduced -16.9k -16,878
37 Sterling Financial Group, Inc. 2.63% of their portfolio PASADENA, CA 175,675175.7k $7.8m $7.8m 2.63% Added +1.7k +1,663
38 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 166,670166.7k $7.4m $7.4m 0.02% Added +5.5k +5,507
39 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 164,588164.6k $7.4m $7.4m 0.01% Reduced -8.8k -8,828
40 WEALTHCARE CAPITAL MANAGEMENT LLC 0.73% of their portfolio RICHMOND, VA 153,835153.8k $6.9m $6.9m 0.73% Added +13.9k +13,940
41 TD PRIVATE CLIENT WEALTH LLC 0.17% of their portfolio NEW YORK, NY 151,882151.9k $6.8m $6.8m 0.17% Reduced -48.1k -48,140
42 &PARTNERS 0.05% of their portfolio NASHVILLE, TN 146,768146.8k $6.6m $6.6m 0.05% Added +20.1k +20,104
43 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 141,200141.2k $6.3m $6.3m 0.01% Added +87.3k +87,319
44 Tenret Co LLC 3.43% of their portfolio TAMPA, FL 140,767140.8k $6.3m $6.3m 3.43% New
45 PARK AVENUE SECURITIES LLC 0.06% of their portfolio NEW YORK, NY 136,476136.5k $6.1m $6.1m 0.06% Added +18.8k +18,797
46 Wealthspire Advisors, LLC 0.03% of their portfolio NEW YORK, NY 136,004136.0k $6.1m $6.1m 0.03% Reduced -32.8k -32,820
47 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 133,657133.7k $6.0m $6.0m 0.00% Reduced -34.6k -34,649
48 McAdam, LLC 0.32% of their portfolio Philadelphia, PA 129,011129.0k $5.8m $5.8m 0.32% Reduced -13.5k -13,480
49 MATHER GROUP, LLC. 0.06% of their portfolio CHICAGO, IL 126,439126.4k $5.6m $5.6m 0.06% Reduced -42.1k -42,116
50 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 115,945115.9k $5.2m $5.2m 0.00% New
51 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 107,470107.5k $4.8m $4.8m 0.01% Reduced -18.9k -18,898
52 Cullen/Frost Bankers, Inc. 0.06% of their portfolio San Antonio, TX 101,347101.3k $4.5m $4.5m 0.06% Added +9.8k +9,794
53 Balentine LLC 0.18% of their portfolio ATLANTA, GA 100,918100.9k $4.5m $4.5m 0.18% Added +98.2k +98,171
54 Aquire Wealth Advisors, LLC 1.15% of their portfolio Salt Lake City, UT 95,56895.6k $4.3m $4.3m 1.15% Added +514 +514
55 Fourth Dimension Wealth, LLC 1.75% of their portfolio MIDDLEBURG HEIGHTS, OH 92,99893.0k $4.2m $4.2m 1.75% Added +1.3k +1,347
56 HHM Wealth Advisors, LLC 0.47% of their portfolio CHATTANOOGA, TN 87,75987.8k $3.9m $3.9m 0.47% Added +9.8k +9,778
57 Ackerman Capital Advisors, LLC 0.90% of their portfolio DALLAS, TX 86,66086.7k $3.9m $3.9m 0.90% Reduced -237.2k -237,230
58 COLLECTIVE FAMILY OFFICE LLC 0.99% of their portfolio YORK, PA 86,55186.6k $3.9m $3.9m 0.99% Added +25.9k +25,861
59 Versant Capital Management, Inc 0.58% of their portfolio PHOENIX, AZ 86,20286.2k $3.9m $3.9m 0.58% Reduced -2.3k -2,312
60 COMERICA BANK 0.01% of their portfolio DALLAS, TX 80,45480.5k $3.6m $3.6m 0.01% Reduced -5.0k -5,020
61 PURE PORTFOLIOS HOLDINGS LLC 1.20% of their portfolio LAKE OSWEGO, OR 78,98279.0k $3.5m $3.5m 1.20% Reduced -18.2k -18,193
62 CWM, LLC 0.01% of their portfolio OMAHA, NE 77,46077.5k $3.5m $3.5m 0.01% Reduced -25.5k -25,502
63 Northeast Financial Group, Inc. 1.09% of their portfolio Allentown, PA 77,14477.1k $3.4m $3.4m 1.09% Added +8.6k +8,636
64 Towercrest Capital Management 0.61% of their portfolio NEWTOWN, PA 76,15776.2k $3.4m $3.4m 0.61% Added +600 +600
65 SEEDS INVESTOR LLC 0.77% of their portfolio NEW YORK, NY 73,67073.7k $3.3m $3.3m 0.77% New
66 TruNorth Capital Management, LLC 0.72% of their portfolio KALAMAZOO, MI 72,68072.7k $3.2m $3.2m 0.72% Reduced -21.8k -21,802
67 Alliance Wealth Management Group 0.81% of their portfolio FLEMINGTON, NJ 71,04571.0k $3.2m $3.2m 0.81% Added +667 +667
68 Steele Capital Management, Inc. 0.15% of their portfolio DUBUQUE, IA 69,09269.1k $3.1m $3.1m 0.15% Added +6.0k +5,986
69 GREAT VALLEY ADVISOR GROUP, INC. 0.07% of their portfolio WILMINGTON, DE 66,65666.7k $3.0m $3.0m 0.07% Reduced -24.1k -24,096
70 SteelPeak Wealth, LLC 0.11% of their portfolio WOODLAND HILLS, CA 60,73260.7k $2.7m $2.7m 0.11% Added +1.7k +1,725
71 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 60,71960.7k $2.7m $2.7m 0.01% Added +8.9k +8,942
72 Savvy Advisors, Inc. 0.18% of their portfolio NEW YORK, NY 59,32359.3k $2.6m $2.6m 0.18% Added +35.2k +35,231
73 Invst, LLC 0.31% of their portfolio INDIANAPOLIS, IN 56,05756.1k $2.5m $2.5m 0.31% Reduced -17.1k -17,111
74 Keebeck Wealth Management 0.32% of their portfolio Chicago, IL 55,41555.4k $2.5m $2.5m 0.32% Added +27.2k +27,177
75 Beacon Pointe Advisors, LLC 0.03% of their portfolio NEWPORT BEACH, CA 54,48654.5k $2.4m $2.4m 0.03% Reduced -1.1k -1,097
76 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 54,39654.4k $2.4m $2.4m 0.00% Added +12.9k +12,884
77 Evensky & Katz LLC 0.13% of their portfolio CORAL GABLES, FL 49,39249.4k $2.2m $2.2m 0.13% Reduced -7.0k -6,993
78 WealthShield Partners, LLC 0.26% of their portfolio CARY, NC 48,32048.3k $2.2m $2.2m 0.26% Reduced -2.8k -2,826
79 Cornerstone Wealth Management, LLC 0.13% of their portfolio ST. PETERS, MO 48,23748.2k $2.2m $2.2m 0.13% Reduced -15 -15
80 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 46,77646.8k $2.1m $2.1m 0.00% Added +13.8k +13,787
81 FIRST NATIONAL CORP /MA/ /ADV 0.40% of their portfolio ROCKLAND, MA 44,29144.3k $2.0m $2.0m 0.40% Added +103 +103
82 Mayflower Financial Advisors, LLC 0.27% of their portfolio BOSTON, MA 43,32943.3k $1.9m $1.9m 0.27% Reduced -42.0k -41,987
83 CFS Investment Advisory Services, LLC 0.15% of their portfolio TOTOWA, NJ 41,64741.6k $1.9m $1.9m 0.15% Added +23.6k +23,588
84 JFG Wealth Management, LLC 0.39% of their portfolio Denver, CO 41,63041.6k $1.9m $1.9m 0.39% Reduced -10.0k -10,024
85 Vise Technologies, Inc. 0.08% of their portfolio NEW YORK, NY 41,18341.2k $1.8m $1.8m 0.08% First filing
86 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.01% of their portfolio IRVING, TX 39,35439.4k $1.8m $1.8m 0.01% Reduced -352 -352
87 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 36,77936.8k $1.6m $1.6m 0.01% Added +809 +809
88 Moser Wealth Advisors, LLC 0.78% of their portfolio BELLEVUE, WA 36,44036.4k $1.6m $1.6m 0.78% Added +1.0k +1,000
89 EFG Private Wealth Management (Americas) Corp. 0.30% of their portfolio MIAMI, FL 36,40936.4k $1.6m $1.6m 0.30% Added +1.4k +1,399
90 HARBOUR INVESTMENTS, INC. 0.04% of their portfolio MADISON, WI 35,61035.6k $1.6m $1.6m 0.04% Reduced -761 -761
91 SWS Partners 0.43% of their portfolio COLUMBUS, OH 35,56635.6k $1.6m $1.6m 0.43% Reduced -18.7k -18,743
92 EAGLE ROCK INVESTMENT COMPANY, LLC 0.24% of their portfolio ATLANTA, GA 34,56134.6k $1.5m $1.5m 0.24% Reduced -696 -696
93 Johnson Financial Group, LLC 0.14% of their portfolio Denver, CO 33,55633.6k $1.5m $1.5m 0.14% Reduced -34.4k -34,386
94 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 33,54333.5k $1.5m $1.5m 0.01% Reduced -7.3k -7,267
95 NICOLET ADVISORY SERVICES, LLC 0.13% of their portfolio GREEN BAY, WI 33,51233.5k $1.5m $1.5m 0.13% Reduced -1.1k -1,078
96 Global Retirement Partners, LLC 0.04% of their portfolio San Rafael, CA 32,66232.7k $1.5m $1.5m 0.04% First filing
97 Waverly Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 32,54332.5k $1.5m $1.5m 0.02% Added +17.0k +16,997
98 FORONJY FINANCIAL LLC 0.66% of their portfolio Los Osos, CA 31,77131.8k $1.4m $1.4m 0.66% First filing
99 CX Institutional 0.05% of their portfolio AUBURN, IN 30,49230.5k $1.4m $1.4m 0.05% Reduced -29.7k -29,653
100 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 29,79929.8k $1.3m $1.3m 0.00% Reduced -13.2k -13,202