Vault-13

SPDR SER TR SPYD

PRTFLO S&P500 HI · ETP · CUSIP 78468R788

477 institutional holders +23 vs Q3 2025
53,953,21354.0m shares reported held*
$2.3bnreported value*
47 new 174 added 145 reduced 43 sold out net sold ≈ $28.6m (-668.0k 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 ($1.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $43.27. Options: 2 managers hold calls ($5.2m notional), 1 hold puts ($462.8k).

Trends to Q4 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: 454Q4 25: 477477Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025477

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 176 bought or addedQ1 24: 194 cut or sold outQ2 24: 171 bought or addedQ2 24: 185 cut or sold outQ2 24Q3 24: 219 bought or addedQ3 24: 147 cut or sold outQ4 24: 212 bought or addedQ4 24: 172 cut or sold outQ4 24Q1 25: 227 bought or addedQ1 25: 175 cut or sold outQ2 25: 200 bought or addedQ2 25: 198 cut or sold outQ2 25Q3 25: 229 bought or addedQ3 25: 156 cut or sold outQ4 25: 221 bought or addedQ4 25: 188 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024176194
Q2 2024171185
Q3 2024219147
Q4 2024212172
Q1 2025227175
Q2 2025200198
Q3 2025229156
Q4 2025221188

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ1 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 0.18Q4 25 calls: $5.2mQ4 25 puts: $462.8kQ4 25P/C 0.09
Numbers
QuarterCallsPutsP/C
Q1 2025$4.2m$1.3m0.30
Q2 2025$3.4m$517.8k0.15
Q3 2025$4.3m$774.4k0.18
Q4 2025$5.2m$462.8k0.09

Biggest buyers

Auto-Owners Insurance Co Added +690,000+690.0k
Quadrature Capital Ltd New +286,681+286.7k
AMERIPRISE FINANCIAL INC Added +268,358+268.4k
BANK OF AMERICA CORP /DE/ Added +147,676+147.7k
Total Clarity Wealth Management, Inc. Added +119,787+119.8k
Corient Private Wealth LP Added +95,921+95.9k
VALLEY WEALTH MANAGERS, INC. New +91,146+91.1k
D. E. Shaw & Co., Inc. Added +88,939+88.9k
World Investment Advisors Added +69,398+69.4k
MORGAN STANLEY Added +63,369+63.4k

Biggest sellers

WELLINGTON MANAGEMENT GROUP LLP Sold out -1,194,669-1.2m
VANTAGEPOINT INVESTMENT ADVISERS LLC Reduced -851,290-851.3k
ENVESTNET ASSET MANAGEMENT INC Reduced -453,701-453.7k
WELLS FARGO & COMPANY/MN Reduced -187,094-187.1k
JPMORGAN CHASE & CO Reduced -183,133-183.1k
Integrated Wealth Concepts LLC Reduced -125,563-125.6k
Sanctuary Advisors, LLC Reduced -50,385-50.4k
Jump Financial, LLC Sold out -43,513-43.5k
GTS SECURITIES LLC Reduced -41,647-41.6k
GOLDMAN SACHS GROUP INC Reduced -40,540-40.5k

Biggest calls

JANE STREET GROUP, LLC Added $3.4m77.9k shares
CITADEL ADVISORS LLC Reduced $1.8m41.2k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $462.8k10.7k 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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Meiji Yasuda Life Insurance Co 13.28% of their portfolio TOKYO, M0 10,592,14610.6m $458.1m $458.1m 13.28% Unchanged
2 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 4,524,6394.5m $195.7m $195.7m 0.05% Added +43.7k +43,656
3 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 4,309,0334.3m $186.4m $186.4m 0.04% Added +268.4k +268,358
4 VANTAGEPOINT INVESTMENT ADVISERS LLC 1.19% of their portfolio WASHINGTON, DC 3,403,4533.4m $147.2m $147.2m 1.19% Reduced -851.3k -851,290
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 3,326,2173.3m $143.9m $143.9m 0.01% Added +147.7k +147,676
6 Auto-Owners Insurance Co 2.50% of their portfolio LANSING, MI 2,740,0002.7m $118.8m $118.8m 2.50% Added +690.0k +690,000
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,546,2401.5m $66.9m $66.9m 0.00% Added +63.4k +63,369
8 SBI Securities Co., Ltd. 1.70% of their portfolio TOKYO, M0 1,528,7591.5m $66.1m $66.1m 1.70% Reduced -23.4k -23,371
9 First Command Advisory Services, Inc. 0.27% of their portfolio FORT WORTH, TX 900,437900.4k $38.9m $38.9m 0.27% Added +11.0k +11,038
10 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 714,213714.2k $30.9m $30.9m 0.01% Reduced -187.1k -187,094
11 UBS Group AG 0.01% of their portfolio ZURICH, V8 712,527712.5k $30.8m $30.8m 0.01% Added +46.9k +46,910
12 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 603,766603.8k $26.1m $26.1m 0.01% Added +28.1k +28,094
13 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 541,401541.4k $23.4m $23.4m 0.03% Added +36.6k +36,558
14 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 528,292528.3k $22.8m $22.8m 0.00% Reduced -24.2k -24,239
15 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 526,276526.3k $22.8m $22.8m 0.00% Reduced -11.7k -11,687
16 Curran Financial Partners, LLC 4.27% of their portfolio DANIEL ISLAND, SC 519,643519.6k $22.5m $22.5m 4.27% Added +34.5k +34,541
17 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 475,875475.9k $20.6m $20.6m 0.00% Reduced -40.5k -40,540
18 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 436,632436.6k $18.9m $18.9m 0.01% Added +8.6k +8,622
19 Barry Investment Advisors, LLC 3.65% of their portfolio NEW BEDFORD, MA 379,329379.3k $16.4m $16.4m 3.65% Reduced -8.3k -8,273
20 Dakota Wealth Management 0.28% of their portfolio PALM BEACH GARDENS, FL 360,566360.6k $15.6m $15.6m 0.28% Added +21.6k +21,584
21 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 345,649345.6k $15.0m $15.0m 0.02% Reduced -12.8k -12,822
22 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 313,358313.4k $13.6m $13.6m 0.01% Added +42.5k +42,454
23 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 303,178303.2k $13.1m $13.1m 0.01% Reduced -2.4k -2,371
24 Financial Gravity Asset Management, Inc. 2.48% of their portfolio Lakeway, TX 298,193298.2k $12.9m $12.9m 2.48% Added +25.5k +25,511
25 Quadrature Capital Ltd 0.13% of their portfolio LONDON, X0 286,681286.7k $12.4m $12.4m 0.13% New
26 Wealthfront Advisers LLC 0.03% of their portfolio Palo Alto, CA 285,747285.7k $12.4m $12.4m 0.03% Reduced -2.9k -2,879
27 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 256,732256.7k $11.1m $11.1m 0.01% Added +28.9k +28,867
28 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 249,380249.4k $10.8m $10.8m 0.00% Reduced -453.7k -453,701
29 SWS Partners 2.57% of their portfolio COLUMBUS, OH 246,215246.2k $10.6m $10.6m 2.57% Added +2.5k +2,550
30 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 242,675242.7k $10.5m $10.5m 0.00% Reduced -183.1k -183,133
31 Vestmark Advisory Solutions, Inc. 0.14% of their portfolio Wakefield, MA 236,677236.7k $10.2m $10.2m 0.14% Added +10.2k +10,199
32 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 234,708234.7k $10.2m $10.2m 0.02% Added +56.7k +56,669
33 Cercano Management LLC 0.36% of their portfolio BELLEVUE, WA 217,913217.9k $9.4m $9.4m 0.36% Unchanged
34 StoneX Group Inc. 0.40% of their portfolio NEW YORK, NY 215,063215.1k $9.3m $9.3m 0.40% Added +5.3k +5,346
35 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 206,622206.6k $8.9m $8.9m 0.01% Added +5.3k +5,269
36 FIRST HAWAIIAN BANK 1.12% of their portfolio HONOLULU, HI 195,322195.3k $8.4m $8.4m 1.12% Unchanged
37 Elite Financial, Inc. 3.81% of their portfolio LEWISTON, ID 193,914193.9k $8.4m $8.4m 3.81% Reduced -5.9k -5,939
38 Keystone Financial Planning, Inc. 2.41% of their portfolio CLEVELAND, OH 192,060192.1k $8.3m $8.3m 2.41% Reduced -1.2k -1,204
39 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 191,902191.9k $8.3m $8.3m 0.01% Added +95.9k +95,921
40 COWA, LLC 2.49% of their portfolio Tulsa, OK 189,525189.5k $8.2m $8.2m 2.49% Reduced -3.4k -3,431
41 Total Clarity Wealth Management, Inc. 1.86% of their portfolio ST. CHARLES, IL 177,414177.4k $7.7m $7.7m 1.86% Added +119.8k +119,787
42 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 175,460175.5k $7.6m $7.6m 0.01% Added +51.4k +51,361
43 CWM, LLC 0.02% of their portfolio OMAHA, NE 174,954175.0k $7.6m $7.6m 0.02% Reduced -11.2k -11,158
44 Genesee Capital Advisors, LLC 2.90% of their portfolio AUBURN, NY 166,413166.4k $7.2m $7.2m 2.90% Added +20.9k +20,873
45 Waterloo Capital, L.P. 0.47% of their portfolio AUSTIN, TX 148,964149.0k $6.4m $6.4m 0.47% Reduced -20.1k -20,116
46 Systematic Alpha Investments, LLC 0.20% of their portfolio PRINCETON, NJ 147,601147.6k $6.4m $6.4m 0.20% Unchanged
47 U.S. Capital Wealth Advisors, LLC 0.16% of their portfolio AUSTIN, TX 138,805138.8k $6.0m $6.0m 0.16% Reduced -1.8k -1,805
48 Crescent Grove Advisors, LLC 0.57% of their portfolio LAKE FOREST, IL 138,334138.3k $6.0m $6.0m 0.57% Reduced -1.6k -1,638
49 Banque Cantonale Vaudoise 0.21% of their portfolio LAUSANNE, V8 136,640136.6k $5.9m $5.9m 0.21% Added +4.6k +4,640
50 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 132,824132.8k $5.7m $5.7m 0.02% Reduced -24.1k -24,056
51 CALTON & ASSOCIATES, INC. 0.83% of their portfolio Tampa, FL 130,939130.9k $5.7m $5.7m 0.83% Reduced -1.4k -1,358
52 Heartwood Wealth Advisors LLC 0.51% of their portfolio RICHMOND, VA 127,853127.9k $5.5m $5.5m 0.51% Added +3.8k +3,800
53 Curi Capital, LLC 0.09% of their portfolio CHICAGO, IL 124,700124.7k $5.4m $5.4m 0.09% Reduced -3.0k -3,050
54 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 120,268120.3k $5.2m $5.2m 0.00% Added +3.1k +3,064
55 CGN Advisors LLC 0.40% of their portfolio MANHATTAN, KS 116,294116.3k $5.0m $5.0m 0.40% Added +8.1k +8,062
56 AE Wealth Management LLC 0.03% of their portfolio TOPEKA, KS 115,384115.4k $5.0m $5.0m 0.03% Added +10.6k +10,636
57 BIP Wealth, LLC 0.18% of their portfolio ATLANTA, GA 115,175115.2k $5.0m $5.0m 0.18% Reduced -4.9k -4,931
58 Jefferies Financial Group Inc. 0.04% of their portfolio NEW YORK, NY 115,056115.1k $5.0m $5.0m 0.04% Added +8.9k +8,877
59 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 113,211113.2k $4.9m $4.9m 0.02% Added +11.3k +11,342
60 Waverly Advisors, LLC 0.04% of their portfolio BIRMINGHAM, AL 110,619110.6k $4.8m $4.8m 0.04% Added +32.3k +32,339
61 Venture Visionary Partners LLC 0.15% of their portfolio Sylvania, OH 108,534108.5k $4.7m $4.7m 0.15% Reduced -52 -52
62 Allworth Financial LP 0.02% of their portfolio FOLSOM, CA 105,579105.6k $4.6m $4.6m 0.02% Added +5.6k +5,597
63 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 99,81399.8k $4.3m $4.3m 0.00% Added +16.2k +16,159
64 WealthPlan Investment Management, LLC 0.27% of their portfolio OMAHA, NE 96,42296.4k $4.2m $4.2m 0.27% Reduced -2.0k -1,995
65 Independent Wealth Network Inc. 1.26% of their portfolio URBANDALE, IA 95,58495.6k $4.1m $4.1m 1.26% Added +7.1k +7,097
66 Mariner, LLC 0.00% of their portfolio Overland Park, KS 94,17694.2k $4.1m $4.1m 0.00% Added +7.9k +7,869
67 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 93,54493.5k $4.0m $4.0m 0.00% Added +88.9k +88,939
68 VALLEY WEALTH MANAGERS, INC. 0.25% of their portfolio PARAMUS, NJ 91,14691.1k $3.9m $3.9m 0.25% New
69 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 88,97189.0k $3.8m $3.8m 0.02% Reduced -1.7k -1,684
70 FMR LLC 0.00% of their portfolio BOSTON, MA 88,48888.5k $3.8m $3.8m 0.00% Added +12.9k +12,932
71 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 86,63886.6k $3.7m $3.7m 0.02% Added +598 +598
72 Mesirow Financial Investment Management, Inc. 0.08% of their portfolio CHICAGO, IL 85,22985.2k $3.7m $3.7m 0.08% Reduced -34.6k -34,575
73 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 81,24181.2k $3.5m $3.5m 0.01% Added +2.2k +2,157
74 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 79,69779.7k $3.4m $3.4m 0.00% Reduced -10.5k -10,532
75 Ashton Thomas Private Wealth, LLC 0.08% of their portfolio SCOTTSDALE, AZ 78,67878.7k $3.4m $3.4m 0.08% Added +984 +984
76 Geneos Wealth Management Inc. 0.08% of their portfolio ENGLEWOOD, CO 78,63078.6k $3.4m $3.4m 0.08% Added +4.1k +4,119
77 World Investment Advisors 0.05% of their portfolio LINCROFT, NJ 77,06377.1k $3.3m $3.3m 0.05% Added +69.4k +69,398
78 Global Strategic Investment Solutions, LLC 0.32% of their portfolio Scottsdale, AZ 76,38576.4k $3.3m $3.3m 0.32% Added +564 +564
79 Advisor OS, LLC 0.26% of their portfolio CHICAGO, IL 74,43874.4k $3.2m $3.2m 0.26% Reduced -1.1k -1,096
80 WHITE PINE CAPITAL LLC 0.88% of their portfolio BLOOMINGTON, MN 73,83373.8k $3.2m $3.2m 0.88% Added +7.8k +7,797
81 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 72,78772.8k $3.1m $3.1m 0.01% Reduced -15.2k -15,208
82 Gateway Wealth Partners, LLC 0.35% of their portfolio APPLETON, WI 72,48872.5k $3.1m $3.1m 0.35% Reduced -223 -223
83 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 70,30370.3k $3.1m $3.1m 0.01% Added +56 +56
84 Financial Engines Advisors L.L.C. 0.01% of their portfolio SANTA CLARA, CA 68,31968.3k $3.0m $3.0m 0.01% Added +982 +982
85 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 67,20767.2k $2.9m $2.9m 0.01% Reduced -5.8k -5,761
86 Trajan Wealth LLC 0.12% of their portfolio SCOTTSDALE, AZ 64,28664.3k $2.8m $2.8m 0.12% Reduced -1.2k -1,245
87 Daiwa Securities Group Inc. 0.01% of their portfolio CHIYODA-KU,TOKYO, M0 62,30662.3k $2.7m $2.7m 0.01% Reduced -1.4k -1,408
88 Asset One Wealth Management LLC 0.39% of their portfolio BELLEVUE, WA 62,20162.2k $2.8m $2.8m 0.39% First filing
89 Prospera Financial Services Inc 0.04% of their portfolio Dallas, TX 61,94261.9k $2.7m $2.7m 0.04% Reduced -1.7k -1,655
90 MISSION WEALTH MANAGEMENT, LP 0.05% of their portfolio Santa Barbara, CA 61,54661.5k $2.7m $2.7m 0.05% Reduced -1.5k -1,513
91 EP Wealth Advisors, LLC 0.01% of their portfolio TORRANCE, CA 61,19661.2k $2.6m $2.6m 0.01% First filing
92 Phoenix Wealth Advisors 1.02% of their portfolio CHAPEL HILL, NC 61,01661.0k $2.6m $2.6m 1.02% Added +18.0k +18,020
93 GREENBERG FINANCIAL GROUP 1.06% of their portfolio TUCSON, AZ 59,75959.8k $2.6m $2.6m 1.06% First filing
94 First PREMIER Bank 0.58% of their portfolio SIOUX FALLS, SD 58,96159.0k $2.5m $2.5m 0.58% Reduced -26.3k -26,256
95 Wealthspire Advisors, LLC 0.02% of their portfolio NEW YORK, NY 58,44358.4k $2.5m $2.5m 0.02% Added +220 +220
96 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 55,52355.5k $2.4m $2.4m 0.00% Reduced -1.8k -1,842
97 GTS SECURITIES LLC 0.08% of their portfolio NEW YORK, NY 54,59054.6k $2.4m $2.4m 0.08% Reduced -41.6k -41,647
98 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 53,71153.7k $2.3m $2.3m 0.01% Reduced -590 -590
99 Innovative Wealth Building LLC 1.64% of their portfolio California, MD 52,13452.1k $2.3m $2.3m 1.64% Reduced -4.6k -4,590
100 McAdam, LLC 0.10% of their portfolio Philadelphia, PA 52,08052.1k $2.3m $2.3m 0.10% Added +6.4k +6,375