Vault-13

SPDR SER TR SPYD

PRTFLO S&P500 HI · ETP · CUSIP 78468R788

454 institutional holders -3 vs Q2 2025
54,541,97454.5m shares reported held*
$2.4bnreported value*
37 new 192 added 122 reduced 34 sold out net bought ≈ $233.6m (+5.3m 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 ($1.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $43.98. Options: 2 managers hold calls ($4.3m notional), 1 hold puts ($774.4k).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 387Q4 22: 422Q1 23: 416Q2 23: 412Q3 23: 391Q4 23: 421Q1 24: 408Q2 24: 413Q3 24: 433Q4 24: 459Q1 25: 464Q2 25: 457Q3 25: 454454Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022387
Q4 2022422
Q1 2023416
Q2 2023412
Q3 2023391
Q4 2023421
Q1 2024408
Q2 2024413
Q3 2024433
Q4 2024459
Q1 2025464
Q2 2025457
Q3 2025454

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 23: 166 bought or addedQ4 23: 202 cut or sold outQ1 24: 176 bought or addedQ1 24: 194 cut or sold outQ1 24Q2 24: 171 bought or addedQ2 24: 185 cut or sold outQ3 24: 219 bought or addedQ3 24: 147 cut or sold outQ3 24Q4 24: 212 bought or addedQ4 24: 172 cut or sold outQ1 25: 227 bought or addedQ1 25: 175 cut or sold outQ1 25Q2 25: 200 bought or addedQ2 25: 198 cut or sold outQ3 25: 229 bought or addedQ3 25: 156 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023166202
Q1 2024176194
Q2 2024171185
Q3 2024219147
Q4 2024212172
Q1 2025227175
Q2 2025200198
Q3 2025229156

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ4 24 calls: $3.5mQ4 24 puts: $1.3mQ4 24P/C 0.37Q1 25 calls: $4.2mQ1 25 puts: $1.3mQ1 25P/C 0.30Q2 25 calls: $3.4mQ2 25 puts: $517.8kQ2 25P/C 0.15Q3 25 calls: $4.3mQ3 25 puts: $774.4kQ3 25P/C 0.18
Numbers
QuarterCallsPutsP/C
Q4 2024$3.5m$1.3m0.37
Q1 2025$4.2m$1.3m0.30
Q2 2025$3.4m$517.8k0.15
Q3 2025$4.3m$774.4k0.18

Biggest buyers

VANTAGEPOINT INVESTMENT ADVISERS LLC New +4,254,743+4.3m
WELLINGTON MANAGEMENT GROUP LLP New +1,194,669+1.2m
AMERIPRISE FINANCIAL INC Added +276,334+276.3k
JPMORGAN CHASE & CO Added +205,621+205.6k
GOLDMAN SACHS GROUP INC Added +141,150+141.2k
OSAIC HOLDINGS, INC. Added +103,064+103.1k
Cetera Investment Advisers Added +81,935+81.9k
BANK OF AMERICA CORP /DE/ Added +55,984+56.0k
LPL Financial LLC Added +53,452+53.5k
Sanctuary Advisors, LLC Added +49,184+49.2k

Biggest sellers

ROYAL BANK OF CANADA Reduced -381,649-381.6k
Vestmark Advisory Solutions, Inc. Reduced -229,466-229.5k
Daiwa Securities Group Inc. Reduced -130,864-130.9k
WELLS FARGO & COMPANY/MN Reduced -122,060-122.1k
PETERSON WEALTH MANAGEMENT Sold out -121,023-121.0k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -104,034-104.0k
Farrow Financial, Inc. Sold out -76,278-76.3k
Rockefeller Capital Management L.P. Reduced -65,593-65.6k
Banque Cantonale Vaudoise Reduced -63,905-63.9k
CITADEL ADVISORS LLC Reduced -61,094-61.1k

Biggest calls

JANE STREET GROUP, LLC Added $2.3m51.5k shares
CITADEL ADVISORS LLC Reduced $2.0m45.6k shares

Biggest puts

CITADEL ADVISORS LLC Added $774.4k17.6k 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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Meiji Yasuda Life Insurance Co 13.40% of their portfolio TOKYO, M0 10,592,14610.6m $466.1m $466.1m 13.40% Unchanged
2 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 4,480,9834.5m $197.2m $197.2m 0.06% Added +53.5k +53,452
3 VANTAGEPOINT INVESTMENT ADVISERS LLC 1.53% of their portfolio WASHINGTON, DC 4,254,7434.3m $187.2m $187.2m 1.53% New
4 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 4,040,6754.0m $177.8m $177.8m 0.04% Added +276.3k +276,334
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 3,178,5413.2m $139.9m $139.9m 0.01% Added +56.0k +55,984
6 Auto-Owners Insurance Co 2.31% of their portfolio LANSING, MI 2,050,0002.0m $89.3m $89.3m 2.31% Unchanged
7 SBI Securities Co., Ltd. 1.75% of their portfolio TOKYO, M0 1,552,1301.6m $68.3m $68.3m 1.75% Added +17.3k +17,291
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,482,8711.5m $65.2m $65.2m 0.00% Added +7.6k +7,647
9 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 1,194,6691.2m $52.6m $52.6m 0.01% New
10 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 901,307901.3k $39.7m $39.7m 0.01% Reduced -122.1k -122,060
11 First Command Advisory Services, Inc. 0.28% of their portfolio FORT WORTH, TX 889,399889.4k $39.1m $39.1m 0.28% Added +18.8k +18,787
12 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 703,081703.1k $30.9m $30.9m 0.01% Added +31.9k +31,920
13 UBS Group AG 0.01% of their portfolio ZURICH, V8 665,617665.6k $29.3m $29.3m 0.01% Added +17.9k +17,942
14 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 575,672575.7k $25.3m $25.3m 0.01% Added +20.9k +20,865
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 552,531552.5k $24.3m $24.3m 0.00% Reduced -381.6k -381,649
16 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 537,963538.0k $23.7m $23.7m 0.00% Reduced -19.9k -19,916
17 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 516,415516.4k $22.7m $22.7m 0.00% Added +141.2k +141,150
18 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 504,843504.8k $22.2m $22.2m 0.03% Reduced -104.0k -104,034
19 Curran Financial Partners, LLC 4.22% of their portfolio DANIEL ISLAND, SC 485,102485.1k $21.3m $21.3m 4.22% Added +34.4k +34,373
20 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 428,010428.0k $18.8m $18.8m 0.01% Added +20.1k +20,127
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 425,808425.8k $18.7m $18.7m 0.00% Added +205.6k +205,621
22 Barry Investment Advisors, LLC 3.92% of their portfolio NEW BEDFORD, MA 387,602387.6k $17.1m $17.1m 3.92% Added +11.6k +11,649
23 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 358,471358.5k $16.0m $16.0m 0.02% Added +103.1k +103,064
24 Dakota Wealth Management 0.30% of their portfolio PALM BEACH GARDENS, FL 338,982339.0k $14.9m $14.9m 0.30% Added +5.5k +5,484
25 Focus Partners Wealth 0.02% of their portfolio ST LOUIS, MO 305,549305.5k $13.4m $13.4m 0.02% Added +5.9k +5,924
26 Wealthfront Advisers LLC 0.03% of their portfolio Palo Alto, CA 288,626288.6k $12.7m $12.7m 0.03% Added +7.4k +7,445
27 Financial Gravity Asset Management, Inc. 2.37% of their portfolio Lakeway, TX 272,682272.7k $12.0m $12.0m 2.37% First filing
28 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 270,904270.9k $11.9m $11.9m 0.01% Added +81.9k +81,935
29 SWS Partners 2.62% of their portfolio COLUMBUS, OH 243,665243.7k $10.7m $10.7m 2.62% Added +25.2k +25,174
30 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 227,865227.9k $10.0m $10.0m 0.01% Reduced -10.0k -9,955
31 Vestmark Advisory Solutions, Inc. 0.19% of their portfolio Wakefield, MA 226,478226.5k $10.0m $10.0m 0.19% Reduced -229.5k -229,466
32 Cercano Management LLC 0.37% of their portfolio BELLEVUE, WA 217,913217.9k $9.6m $9.6m 0.37% Unchanged
33 StoneX Group Inc. 0.40% of their portfolio NEW YORK, NY 209,717209.7k $9.2m $9.2m 0.40% Added +2.7k +2,689
34 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 201,353201.4k $8.9m $8.9m 0.01% Added +5.0k +5,025
35 Elite Financial, Inc. 3.91% of their portfolio LEWISTON, ID 199,853199.9k $8.5m $8.5m 3.91% Added +4.7k +4,710
36 FIRST HAWAIIAN BANK 1.10% of their portfolio HONOLULU, HI 195,322195.3k $8.6m $8.6m 1.10% Unchanged
37 Keystone Financial Planning, Inc. 2.47% of their portfolio CLEVELAND, OH 193,264193.3k $8.5m $8.5m 2.47% Reduced -3.7k -3,672
38 COWA, LLC 2.82% of their portfolio Tulsa, OK 192,956193.0k $8.5m $8.5m 2.82% Reduced -409 -409
39 CWM, LLC 0.02% of their portfolio OMAHA, NE 186,112186.1k $8.2m $8.2m 0.02% Added +30.2k +30,249
40 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 178,039178.0k $7.8m $7.8m 0.02% Added +14.9k +14,887
41 Waterloo Capital, L.P. 0.55% of their portfolio AUSTIN, TX 169,080169.1k $7.4m $7.4m 0.55% Reduced -45.2k -45,176
42 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 156,880156.9k $6.9m $6.9m 0.02% Added +10.1k +10,139
43 Systematic Alpha Investments, LLC 0.21% of their portfolio PRINCETON, NJ 147,601147.6k $6.5m $6.5m 0.21% Unchanged
44 Genesee Capital Advisors, LLC 2.78% of their portfolio AUBURN, NY 145,540145.5k $6.4m $6.4m 2.78% Reduced -3.3k -3,262
45 Integrated Wealth Concepts LLC 0.06% of their portfolio WALTHAM, MA 142,145142.1k $6.3m $6.3m 0.06% Reduced -181 -181
46 U.S. Capital Wealth Advisors, LLC 0.17% of their portfolio AUSTIN, TX 140,610140.6k $6.2m $6.2m 0.17% Added +1.7k +1,742
47 Crescent Grove Advisors, LLC 0.59% of their portfolio LAKE FOREST, IL 139,972140.0k $6.2m $6.2m 0.59% Added +183 +183
48 CALTON & ASSOCIATES, INC. 0.87% of their portfolio Tampa, FL 132,297132.3k $5.8m $5.8m 0.87% Added +15.3k +15,292
49 Banque Cantonale Vaudoise 0.22% of their portfolio LAUSANNE, V8 132,000132.0k $5.8m $5.8m 0.22% Reduced -63.9k -63,905
50 Curi Capital, LLC 0.10% of their portfolio CHICAGO, IL 127,750127.8k $5.6m $5.6m 0.10% Unchanged
51 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 124,099124.1k $5.5m $5.5m 0.00% Added +6.9k +6,888
52 Heartwood Wealth Advisors LLC 0.51% of their portfolio RICHMOND, VA 124,053124.1k $5.5m $5.5m 0.51% Added +7.0k +7,033
53 Gunma Bank,Ltd. 1.69% of their portfolio GUNMA, M0 122,394122.4k $5.4m $5.4m 1.69% Unchanged
54 BIP Wealth, LLC 0.26% of their portfolio ATLANTA, GA 120,106120.1k $5.3m $5.3m 0.26% Reduced -14.0k -14,041
55 Mesirow Financial Investment Management, Inc. 0.09% of their portfolio CHICAGO, IL 119,804119.8k $5.3m $5.3m 0.09% Added +8.9k +8,866
56 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 117,204117.2k $5.2m $5.2m 0.00% Reduced -9.3k -9,291
57 Venture Visionary Partners LLC 0.16% of their portfolio Sylvania, OH 108,586108.6k $4.8m $4.8m 0.16% Added +2 +2
58 CGN Advisors LLC 0.39% of their portfolio MANHATTAN, KS 108,232108.2k $4.8m $4.8m 0.39% Added +7.6k +7,630
59 Jefferies Financial Group Inc. 0.04% of their portfolio NEW YORK, NY 106,179106.2k $4.7m $4.7m 0.04% Reduced -14.8k -14,791
60 AE Wealth Management LLC 0.03% of their portfolio TOPEKA, KS 104,748104.7k $4.6m $4.6m 0.03% Added +5.7k +5,703
61 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 101,869101.9k $4.5m $4.5m 0.02% Added +1.1k +1,057
62 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 100,690100.7k $4.4m $4.4m 0.01% Added +49.2k +49,184
63 Allworth Financial LP 0.02% of their portfolio FOLSOM, CA 99,982100.0k $4.4m $4.4m 0.02% Reduced -973 -973
64 WealthPlan Investment Management, LLC 0.29% of their portfolio OMAHA, NE 98,41798.4k $4.3m $4.3m 0.29% Reduced -51.1k -51,077
65 GTS SECURITIES LLC 0.16% of their portfolio NEW YORK, NY 96,23796.2k $4.2m $4.2m 0.16% Reduced -36.3k -36,315
66 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 95,98196.0k $4.2m $4.2m 0.01% Reduced -3.0k -3,014
67 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 90,65590.7k $4.0m $4.0m 0.02% Added +3.7k +3,735
68 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 90,22990.2k $4.0m $4.0m 0.00% Added +5.4k +5,373
69 Independent Wealth Network Inc. 1.25% of their portfolio URBANDALE, IA 88,48788.5k $3.9m $3.9m 1.25% Added +1.3k +1,311
70 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 87,99588.0k $3.9m $3.9m 0.01% Reduced -65.6k -65,593
71 Mariner, LLC 0.00% of their portfolio Overland Park, KS 86,30786.3k $3.8m $3.8m 0.00% Reduced -7.2k -7,161
72 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 86,04086.0k $3.8m $3.8m 0.02% Added +2.7k +2,662
73 First PREMIER Bank 0.85% of their portfolio SIOUX FALLS, SD 85,21785.2k $3.7m $3.7m 0.85% Added +500 +500
74 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 83,65483.7k $3.7m $3.7m 0.00% Reduced -1.2k -1,228
75 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 79,08479.1k $3.5m $3.5m 0.01% Reduced -2.7k -2,714
76 Waverly Advisors, LLC 0.03% of their portfolio BIRMINGHAM, AL 78,28078.3k $3.4m $3.4m 0.03% Reduced -8.0k -7,961
77 Ashton Thomas Private Wealth, LLC 0.09% of their portfolio SCOTTSDALE, AZ 77,69477.7k $3.4m $3.4m 0.09% Added +168 +168
78 Global Strategic Investment Solutions, LLC 0.33% of their portfolio Scottsdale, AZ 75,82175.8k $3.3m $3.3m 0.33% Added +491 +491
79 FMR LLC 0.00% of their portfolio BOSTON, MA 75,55675.6k $3.3m $3.3m 0.00% Added +22.2k +22,195
80 Advisor OS, LLC 0.29% of their portfolio CHICAGO, IL 75,53475.5k $3.3m $3.3m 0.29% Reduced -1.5k -1,467
81 Geneos Wealth Management Inc. 0.08% of their portfolio ENGLEWOOD, CO 74,51174.5k $3.3m $3.3m 0.08% Added +37 +37
82 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 72,96873.0k $3.2m $3.2m 0.01% Reduced -1.1k -1,057
83 Gateway Wealth Partners, LLC 0.43% of their portfolio APPLETON, WI 72,71172.7k $3.2m $3.2m 0.43% Added +2.7k +2,653
84 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 70,24770.2k $3.1m $3.1m 0.01% Reduced -7.1k -7,086
85 Financial Engines Advisors L.L.C. 0.01% of their portfolio SANTA CLARA, CA 67,33767.3k $3.0m $3.0m 0.01% Added +1.1k +1,109
86 WHITE PINE CAPITAL LLC 0.83% of their portfolio BLOOMINGTON, MN 66,03666.0k $2.9m $2.9m 0.83% Added +5.3k +5,337
87 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 65,95566.0k $2.9m $2.9m 0.00% Added +38.9k +38,862
88 Trajan Wealth LLC 0.12% of their portfolio SCOTTSDALE, AZ 65,53165.5k $2.9m $2.9m 0.12% Added +1.0k +1,023
89 Daiwa Securities Group Inc. 0.01% of their portfolio CHIYODA-KU,TOKYO, M0 63,71463.7k $2.8m $2.8m 0.01% Reduced -130.9k -130,864
90 Prospera Financial Services Inc 0.05% of their portfolio Dallas, TX 63,59763.6k $2.8m $2.8m 0.05% Added +10.5k +10,470
91 MISSION WEALTH MANAGEMENT, LP 0.06% of their portfolio Santa Barbara, CA 63,05963.1k $2.8m $2.8m 0.06% Reduced -2.9k -2,892
92 Wealthspire Advisors, LLC 0.01% of their portfolio NEW YORK, NY 58,22358.2k $2.6m $2.6m 0.01% Reduced -78 -78
93 Total Clarity Wealth Management, Inc. 0.67% of their portfolio ST. CHARLES, IL 57,62757.6k $2.5m $2.5m 0.67% Added +33.3k +33,267
94 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 57,36557.4k $2.5m $2.5m 0.00% Added +7.6k +7,648
95 Innovative Wealth Building LLC 1.95% of their portfolio California, MD 56,72456.7k $2.5m $2.5m 1.95% Reduced -2.0k -1,956
96 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 54,30154.3k $2.4m $2.4m 0.01% Added +2.6k +2,561
97 Tower Research Capital LLC (TRC) 0.06% of their portfolio NEW YORK, NY 53,13053.1k $2.3m $2.3m 0.06% Added +6.9k +6,947
98 Castleview Partners, LLC 1.18% of their portfolio DALLAS, TX 49,33149.3k $2.2m $2.2m 1.18% Added +642 +642
99 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.02% of their portfolio IRVING, TX 48,71148.7k $2.1m $2.1m 0.02% Reduced -8.4k -8,389
100 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 48,50048.5k $2.1m $2.1m 0.01% New