Vault-13

SPDR SER TR SHM

NUVEEN BLMBRG SH · ETP · CUSIP 78468R739

398 institutional holders +14 vs Q3 2025
63,722,61463.7m shares reported held*
$3.1bnreported value*
31 new 135 added 140 reduced 20 sold out net sold ≈ $84.0m (-1.8m 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 ($8.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.01.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 448Q4 22: 467Q1 23: 433Q2 23: 428Q3 23: 406Q4 23: 434Q1 24: 428Q2 24: 424Q3 24: 406Q4 24: 411Q1 25: 412Q2 25: 397Q3 25: 384Q4 25: 398398Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022448
Q4 2022467
Q1 2023433
Q2 2023428
Q3 2023406
Q4 2023434
Q1 2024428
Q2 2024424
Q3 2024406
Q4 2024411
Q1 2025412
Q2 2025397
Q3 2025384
Q4 2025398

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 152 bought or addedQ1 24: 224 cut or sold outQ2 24: 153 bought or addedQ2 24: 214 cut or sold outQ2 24Q3 24: 139 bought or addedQ3 24: 213 cut or sold outQ4 24: 170 bought or addedQ4 24: 178 cut or sold outQ4 24Q1 25: 152 bought or addedQ1 25: 207 cut or sold outQ2 25: 139 bought or addedQ2 25: 221 cut or sold outQ2 25Q3 25: 153 bought or addedQ3 25: 175 cut or sold outQ4 25: 166 bought or addedQ4 25: 160 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024152224
Q2 2024153214
Q3 2024139213
Q4 2024170178
Q1 2025152207
Q2 2025139221
Q3 2025153175
Q4 2025166160

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +551,601+551.6k
GOLDMAN SACHS GROUP INC Added +240,599+240.6k
BlackRock, Inc. New +158,658+158.7k
Quent Capital, LLC Added +144,369+144.4k
CITIGROUP INC Added +126,607+126.6k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +109,552+109.6k
STIFEL FINANCIAL CORP Added +89,071+89.1k
CLIFTONLARSONALLEN WEALTH ADVISORS, LLC Added +80,868+80.9k
Paulson Wealth Management Inc. Added +62,750+62.8k
Ackerman Capital Advisors, LLC Added +54,255+54.3k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -1,822,962-1.8m
Karpus Management, Inc. Reduced -498,201-498.2k
JPMORGAN CHASE & CO Reduced -358,910-358.9k
WELLS FARGO & COMPANY/MN Reduced -195,001-195.0k
UNITED CAPITAL FINANCIAL ADVISORS, LLC Reduced -177,080-177.1k
MERCER GLOBAL ADVISORS INC /ADV Reduced -111,426-111.4k
JANE STREET GROUP, LLC Reduced -98,784-98.8k
FLOW TRADERS U.S. LLC Sold out -93,499-93.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -40,282-40.3k
Wealthcare Advisory Partners LLC Reduced -37,150-37.1k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.07% of their portfolio CHARLOTTE, NC 20,531,30520.5m $985.3m $985.3m 0.07% Added +551.6k +551,601
2 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 5,333,3665.3m $255.9m $255.9m 0.04% Added +240.6k +240,599
3 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 4,093,3294.1m $196.4m $196.4m 0.04% Reduced -195.0k -195,001
4 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.09% of their portfolio MILWAUKEE, WI 2,950,3883.0m $141.6m $141.6m 0.09% Added +109.6k +109,552
5 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,135,3232.1m $102.5m $102.5m 0.01% Reduced -11.0k -10,996
6 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.53% of their portfolio IRVING, TX 1,817,8461.8m $87.2m $87.2m 0.53% Reduced -177.1k -177,080
7 Quent Capital, LLC 6.20% of their portfolio NEW YORK, NY 1,789,1511.8m $85.9m $85.9m 6.20% Added +144.4k +144,369
8 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 1.24% of their portfolio MINNEAPOLIS, MN 1,716,0831.7m $82.4m $82.4m 1.24% Added +80.9k +80,868
9 MERCER GLOBAL ADVISORS INC /ADV 0.13% of their portfolio DENVER, CO 1,713,4831.7m $82.2m $82.2m 0.13% Reduced -111.4k -111,426
10 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 1,583,6021.6m $76.0m $76.0m 0.04% Added +18.7k +18,733
11 CX Institutional 1.51% of their portfolio AUBURN, IN 1,058,0551.1m $50.8m $50.8m 1.51% Added +20.5k +20,504
12 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 999,818999.8k $48.0m $48.0m 0.01% Reduced -1.8m -1,822,962
13 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 844,750844.8k $40.5m $40.5m 0.01% Added +51.2k +51,183
14 Financial Engines Advisors L.L.C. 0.06% of their portfolio SANTA CLARA, CA 664,962665.0k $31.9m $31.9m 0.06% Reduced -8.4k -8,395
15 Wealthcare Advisory Partners LLC 0.58% of their portfolio WEST CHESTER, PA 617,481617.5k $29.6m $29.6m 0.58% Reduced -37.1k -37,150
16 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 611,595611.6k $29.4m $29.4m 0.04% Added +8.5k +8,452
17 UMB Bank, n.a. 0.34% of their portfolio Kansas City, MO 528,907528.9k $25.4m $25.4m 0.34% Not comparable
18 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 501,390501.4k $24.1m $24.1m 0.02% Added +89.1k +89,071
19 Gerber Kawasaki Wealth & Investment Management 0.70% of their portfolio SANTA MONICA, CA 417,161417.2k $20.0m $20.0m 0.70% Added +5.4k +5,434
20 Alaska Wealth Advisors, LLC 2.48% of their portfolio ANCHORAGE, AK 405,897405.9k $19.5m $19.5m 2.48% Added +29.4k +29,399
21 Karpus Management, Inc. 0.59% of their portfolio Pittsford, NY 398,706398.7k $19.1m $19.1m 0.59% Reduced -498.2k -498,201
22 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 366,502366.5k $17.6m $17.6m 0.02% Added +2.8k +2,795
23 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 333,740333.7k $16.0m $16.0m 0.02% Added +25.5k +25,478
24 Betterment LLC 0.03% of their portfolio NEW YORK, NY 325,174325.2k $15.6m $15.6m 0.03% Reduced -13.0k -12,978
25 Cercano Management LLC 0.57% of their portfolio BELLEVUE, WA 314,202314.2k $15.1m $15.1m 0.57% Unchanged
26 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 306,135306.1k $14.7m $14.7m 0.01% Added +126.6k +126,607
27 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 294,264294.3k $14.1m $14.1m 0.00% Reduced -358.9k -358,910
28 UBS Group AG 0.00% of their portfolio ZURICH, V8 286,047286.0k $13.7m $13.7m 0.00% Reduced -11.8k -11,807
29 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 251,180251.2k $12.1m $12.1m 0.00% Reduced -6.9k -6,926
30 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 247,684247.7k $11.9m $11.9m 0.02% Added +1.7k +1,665
31 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 245,766245.8k $11.8m $11.8m 0.01% Reduced -14.9k -14,947
32 TD PRIVATE CLIENT WEALTH LLC 0.24% of their portfolio NEW YORK, NY 238,126238.1k $11.4m $11.4m 0.24% Reduced -7.9k -7,946
33 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 235,236235.2k $11.3m $11.3m 0.00% Reduced -6.4k -6,363
34 Prime Capital Investment Advisors, LLC 0.13% of their portfolio OVERLAND PARK, KS 222,619222.6k $10.7m $10.7m 0.13% Reduced -27.8k -27,830
35 Allworth Financial LP 0.04% of their portfolio FOLSOM, CA 197,736197.7k $9.5m $9.5m 0.04% Reduced -15.8k -15,807
36 ASSETMARK, INC 0.02% of their portfolio CONCORD, CA 187,941187.9k $9.0m $9.0m 0.02% Added +427 +427
37 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 181,487181.5k $8.7m $8.7m 0.01% Reduced -26.4k -26,420
38 Symmetry Partners, LLC 0.50% of their portfolio GLASTONBURY, CT 176,438176.4k $8.5m $8.5m 0.50% Added +10.8k +10,775
39 TruNorth Capital Management, LLC 1.55% of their portfolio KALAMAZOO, MI 170,291170.3k $8.2m $8.2m 1.55% Added +9.5k +9,473
40 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.14% of their portfolio Seattle, WA 159,329159.3k $7.6m $7.6m 0.14% Added +17.0k +17,030
41 BlackRock, Inc. 0.00% of their portfolio New York, NY 158,658158.7k $7.6m $7.6m 0.00% New
42 TRUSTMARK BANK TRUST DEPARTMENT 0.47% of their portfolio JACKSON, MS 156,173156.2k $7.5m $7.5m 0.47% Added +16.8k +16,754
43 Cullen/Frost Bankers, Inc. 0.08% of their portfolio San Antonio, TX 146,766146.8k $7.0m $7.0m 0.08% Added +19.8k +19,754
44 PURE PORTFOLIOS HOLDINGS LLC 2.07% of their portfolio LAKE OSWEGO, OR 143,002143.0k $6.9m $6.9m 2.07% Added +11.3k +11,321
45 GenTrust, LLC 0.30% of their portfolio MIAMI, FL 142,946142.9k $6.9m $6.9m 0.30% Reduced -769 -769
46 Strategies Wealth Advisors, LLC 0.62% of their portfolio GRAND RAPIDS, MI 128,103128.1k $6.1m $6.1m 0.62% Added +1.8k +1,800
47 BENJAMIN EDWARDS INC 0.07% of their portfolio Clayton, MO 127,296127.3k $6.1m $6.1m 0.07% Added +6.5k +6,538
48 Beacon Pointe Advisors, LLC 0.04% of their portfolio NEWPORT BEACH, CA 125,112125.1k $6.0m $6.0m 0.04% Added +8.1k +8,080
49 Farther Finance Advisors, LLC 0.06% of their portfolio SAN FRANCISCO, CA 123,129123.1k $5.9m $5.9m 0.06% Reduced -1.1k -1,052
50 Foster Group, Inc. 0.18% of their portfolio WEST DES MOINES, IA 121,398121.4k $5.8m $5.8m 0.18% Reduced -4.3k -4,349
51 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 112,684112.7k $5.4m $5.4m 0.01% Reduced -2.2k -2,173
52 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 111,352111.4k $5.3m $5.3m 0.01% Added +4.8k +4,766
53 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 110,513110.5k $5.3m $5.3m 0.00% Added +7.1k +7,143
54 Paulson Wealth Management Inc. 1.18% of their portfolio West Palm Beach, FL 106,176106.2k $5.1m $5.1m 1.18% Added +62.8k +62,750
55 McAdam, LLC 0.23% of their portfolio Philadelphia, PA 106,049106.0k $5.1m $5.1m 0.23% Added +9.8k +9,834
56 Ackerman Capital Advisors, LLC 1.01% of their portfolio DALLAS, TX 105,142105.1k $5.0m $5.0m 1.01% Added +54.3k +54,255
57 Precision Wealth Strategies, LLC 1.63% of their portfolio SAINT LOUIS, MO 105,029105.0k $5.0m $5.0m 1.63% Added +2.4k +2,425
58 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 104,623104.6k $5.0m $5.0m 0.01% Added +17.2k +17,190
59 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 104,281104.3k $5.0m $5.0m 0.04% Reduced -841 -841
60 AUA CAPITAL MANAGEMENT, LLC 2.44% of their portfolio MECHANICSBURG, PA 101,565101.6k $4.9m $4.9m 2.44% Unchanged
61 CHATHAM CAPITAL GROUP, INC. 0.67% of their portfolio SAVANNAH, GA 98,17598.2k $4.7m $4.7m 0.67% Reduced -20.1k -20,110
62 Apella Capital, LLC 0.08% of their portfolio WEST HARTFORD, CT 87,26087.3k $4.2m $4.2m 0.08% Reduced -4.3k -4,308
63 Brio Consultants, LLC 0.53% of their portfolio SAN FRANCISCO, CA 85,48585.5k $4.1m $4.1m 0.53% Added +2.7k +2,675
64 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 80,28080.3k $3.9m $3.9m 0.00% Added +6.9k +6,904
65 Crestwood Advisors Group, LLC 0.06% of their portfolio BOSTON, MA 80,19280.2k $3.8m $3.8m 0.06% Reduced -5.6k -5,609
66 CWM, LLC 0.01% of their portfolio OMAHA, NE 79,48979.5k $3.8m $3.8m 0.01% Reduced -1.1k -1,083
67 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 74,51474.5k $3.6m $3.6m 0.01% Added +1.7k +1,702
68 Ascent Group, LLC 0.12% of their portfolio VIRGINIA BEACH, VA 72,40272.4k $3.5m $3.5m 0.12% Added +1.1k +1,110
69 OLD NATIONAL BANCORP /IN/ 0.06% of their portfolio EVANSVILLE, IN 72,38772.4k $3.5m $3.5m 0.06% Reduced -29.6k -29,626
70 Smithfield Trust Co 0.15% of their portfolio PITTSBURGH, PA 70,92770.9k $3.4m $3.4m 0.15% Reduced -438 -438
71 Ameraudi Asset Management, Inc. 1.85% of their portfolio New York, NY 70,07770.1k $3.4m $3.4m 1.85% Unchanged
72 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 68,90168.9k $3.3m $3.3m 0.00% Added +30.6k +30,611
73 GAMMA Investing LLC 0.16% of their portfolio FOSTER CITY, CA 67,71667.7k $3.2m $3.2m 0.16% Reduced -1.8k -1,848
74 HANCOCK WHITNEY CORP 0.06% of their portfolio GULFPORT, MS 66,30466.3k $3.2m $3.2m 0.06% Reduced -2.8k -2,772
75 Detalus Advisors, LLC 0.76% of their portfolio ST. LOUIS, MO 65,10965.1k $3.1m $3.1m 0.76% Added +1.5k +1,453
76 Janney Capital Management LLC 0.18% of their portfolio PITTSBURGH, PA 61,16961.2k $2.9m $2.9m 0.18% Added +119 +119
77 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.04% of their portfolio ST. LOUIS, MO 58,01758.0k $2.8m $2.8m 0.04% Reduced -2.8k -2,807
78 COMERICA BANK 0.01% of their portfolio DALLAS, TX 57,37057.4k $2.8m $2.8m 0.01% Reduced -4.0k -4,043
79 Tilson Financial Group, Inc. 0.83% of their portfolio NEW PROVIDENCE, NJ 56,10856.1k $2.7m $2.7m 0.83% Reduced -1.4k -1,355
80 Leisure Capital Management 0.89% of their portfolio COSTA MESA, CA 55,90255.9k $2.7m $2.7m 0.89% Reduced -27.2k -27,172
81 McNaughton Wealth Management, LLC 1.06% of their portfolio SAN DIEGO, CA 53,72553.7k $2.6m $2.6m 1.06% Reduced -1.9k -1,915
82 EAGLE GLOBAL ADVISORS LLC 0.10% of their portfolio Houston, TX 53,68353.7k $2.6m $2.6m 0.10% Added +12.1k +12,050
83 ALTFEST L J & CO INC 0.28% of their portfolio NEW YORK, NY 53,60053.6k $2.6m $2.6m 0.28% Added +358 +358
84 Columbia River Financial Group, LLC 1.49% of their portfolio VANCOUVER, WA 50,56350.6k $2.4m $2.4m 1.49% Added +1.9k +1,867
85 Parkside Financial Bank & Trust 0.18% of their portfolio SAINT LOUIS, MO 49,17149.2k $2.4m $2.4m 0.18% Reduced -9.9k -9,896
86 JAMES INVESTMENT RESEARCH, INC. 0.26% of their portfolio ALPHA, OH 48,84048.8k $2.3m $2.3m 0.26% Added +1.5k +1,532
87 Charles Schwab Trust Co 0.15% of their portfolio HENDERSON, NV 48,39548.4k $2.3m $2.3m 0.15% Added +4 +4
88 HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC 0.31% of their portfolio PITTSBURGH, PA 48,34148.3k $2.3m $2.3m 0.31% Reduced -15.6k -15,550
89 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 47,59647.6k $2.3m $2.3m 0.00% Reduced -435 -435
90 Global Retirement Partners, LLC 0.04% of their portfolio San Rafael, CA 47,21347.2k $2.3m $2.3m 0.04% Added +5.2k +5,196
91 Dynamic Advisor Solutions LLC 0.07% of their portfolio PHOENIX, AZ 47,08747.1k $2.3m $2.3m 0.07% Reduced -709 -709
92 ST GERMAIN D J CO INC 0.09% of their portfolio SPRINGFIELD, MA 46,92646.9k $2.3m $2.3m 0.09% Unchanged
93 Mariner, LLC 0.00% of their portfolio Overland Park, KS 46,43346.4k $2.2m $2.2m 0.00% Reduced -9.4k -9,354
94 Chesley Taft & Associates LLC 0.09% of their portfolio CHICAGO, IL 45,92245.9k $2.2m $2.2m 0.09% Unchanged
95 Clifford Group, LLC 1.70% of their portfolio WAYLAND, MA 45,80645.8k $2.2m $2.2m 1.70% Reduced -178 -178
96 Regal Investment Advisors LLC 0.13% of their portfolio KENTWOOD, MI 45,28445.3k $2.2m $2.2m 0.13% Added +1.8k +1,807
97 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 45,16445.2k $2.2m $2.2m 0.00% Reduced -98.8k -98,784
98 Horizon Family Wealth, Inc. 1.13% of their portfolio CHICAGO, IL 44,07344.1k $2.1m $2.1m 1.13% Reduced -2.2k -2,232
99 SteelPeak Wealth, LLC 0.07% of their portfolio WOODLAND HILLS, CA 43,04843.0k $2.1m $2.1m 0.07% Reduced -1.6k -1,565
100 FORONJY FINANCIAL LLC 0.86% of their portfolio Los Osos, CA 42,79142.8k $2.1m $2.1m 0.86% Added +2.7k +2,708