Vault-13

SPDR SER TR SPSM

PORTFOLIO S&P600 · ETP · CUSIP 78468R853

476 institutional holders +0 vs Q4 2022
103,533,970103.5m shares reported held*
$3.9bnreported value*
46 new 234 added 144 reduced 44 sold out net bought ≈ $288.7m (+7.8m 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 ($1.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $37.74. Options: 2 managers hold calls ($808.5k notional), 2 hold puts ($26.4k).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 432Q4 22: 476Q1 23: 476476Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022432
Q4 2022476
Q1 2023476

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 245 bought or addedQ4 22: 185 cut or sold outQ4 22Q1 23: 280 bought or addedQ1 23: 188 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022245185
Q1 2023280188

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ3 22 calls: $1.2mQ3 22 puts: $1.0kQ3 22P/C 0.00Q4 22 calls: $1.5mQ4 22 puts: $70.2kQ4 22P/C 0.05Q1 23 calls: $808.5kQ1 23 puts: $26.4kQ1 23P/C 0.03
Numbers
QuarterCallsPutsP/C
Q3 2022$1.2m$1.0k0.00
Q4 2022$1.5m$70.2k0.05
Q1 2023$808.5k$26.4k0.03

Biggest buyers

CLIFTONLARSONALLEN WEALTH ADVISORS, LLC New +2,717,304+2.7m
LPL Financial LLC Added +1,794,490+1.8m
Financial Engines Advisors L.L.C. Added +1,152,169+1.2m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +1,001,685+1.0m
CW Advisors, LLC Added +730,079+730.1k
ASSETMARK, INC Added +468,188+468.2k
STATE STREET CORP Added +336,260+336.3k
CWM, LLC Added +335,738+335.7k
ROYAL BANK OF CANADA Added +307,775+307.8k
Allen Capital Group, LLC New +286,218+286.2k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -1,455,553-1.5m
Gradient Investments LLC Reduced -1,292,470-1.3m
Global Strategic Investment Solutions, LLC Reduced -729,387-729.4k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -264,196-264.2k
IFP Advisors, Inc Reduced -208,323-208.3k
CreativeOne Wealth, LLC Reduced -191,012-191.0k
AMERIPRISE FINANCIAL INC Reduced -188,444-188.4k
GREAT VALLEY ADVISOR GROUP, INC. Reduced -178,110-178.1k
Marmo Financial Group, LLC Reduced -165,019-165.0k
AE Wealth Management LLC Reduced -143,094-143.1k

Biggest calls

CITADEL ADVISORS LLC Reduced $804.5k21.3k shares
Cutler Group LLC / CA Added $4.0k4.4k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $26.4k700 shares
Cutler Group LLC / CA New $0700 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, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Financial Engines Advisors L.L.C. 1.84% of their portfolio SANTA CLARA, CA 18,329,21818.3m $692.3m $692.3m 1.84% Added +1.2m +1,152,169
2 LPL Financial LLC 0.37% of their portfolio FORT MILL, SC 12,620,46412.6m $476.7m $476.7m 0.37% Added +1.8m +1,794,490
3 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio SAN FRANCISCO, CA 6,269,2526.3m $236.8m $236.8m 0.07% Added +1.0m +1,001,685
4 Valmark Advisers, Inc. 3.58% of their portfolio AKRON, OH 4,397,0884.4m $166.1m $166.1m 3.58% Added +187.0k +187,002
5 Creative Planning 0.18% of their portfolio OVERLAND PARK, KS 3,287,3243.3m $124.2m $124.2m 0.18% Reduced -30.6k -30,631
6 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 3.03% of their portfolio MINNEAPOLIS, MN 2,717,3042.7m $102.6m $102.6m 3.03% New
7 Private Advisor Group, LLC 0.77% of their portfolio MORRISTOWN, NJ 2,131,4262.1m $80.5m $80.5m 0.77% Added +279.6k +279,636
8 Merit Financial Group, LLC 2.42% of their portfolio ALPHARETTA, GA 1,749,7571.7m $66.1m $66.1m 2.42% Added +251.2k +251,183
9 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,680,5221.7m $63.5m $63.5m 0.03% Added +38.3k +38,325
10 Syntegra Private Wealth Group, LLC 10.65% of their portfolio Chesterfield, MO 1,584,3691.6m $59.8m $59.8m 10.65% Added +66.7k +66,699
11 Stadion Money Management, LLC 4.56% of their portfolio WATKINSVILLE, GA 1,527,0191.5m $57.7m $57.7m 4.56% Added +245.2k +245,236
12 CW Advisors, LLC 1.37% of their portfolio BOSTON, MA 1,509,2531.5m $57.0m $57.0m 1.37% Added +730.1k +730,079
13 Wealthcare Advisory Partners LLC 2.42% of their portfolio WEST CHESTER, PA 1,491,5001.5m $56.3m $56.3m 2.42% Added +56.2k +56,218
14 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,488,1941.5m $56.2m $56.2m 0.03% Added +266.9k +266,902
15 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,256,7851.3m $47.5m $47.5m 0.01% Reduced -1.5m -1,455,553
16 Pinnacle Wealth Planning Services, Inc. 7.88% of their portfolio MANSFIELD, OH 1,255,6131.3m $47.4m $47.4m 7.88% Added +15.0k +14,971
17 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,088,0341.1m $41.2m $41.2m 0.01% Reduced -188.4k -188,444
18 Crestwood Advisors Group, LLC 1.30% of their portfolio BOSTON, MA 1,035,0161.0m $39.1m $39.1m 1.30% Reduced -13.5k -13,495
19 ASSETMARK, INC 0.15% of their portfolio CONCORD, CA 957,522957.5k $36.2m $36.2m 0.15% Added +468.2k +468,188
20 Bridgeworth, LLC 4.42% of their portfolio BIRMINGHAM, AL 928,952929.0k $35.1m $35.1m 4.42% Added +57.3k +57,303
21 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 916,587916.6k $34.5m $34.5m 0.06% Added +22.3k +22,316
22 TOWNSQUARE CAPITAL LLC 0.74% of their portfolio Lehi, UT 887,807887.8k $33.5m $33.5m 0.74% Added +26.0k +26,035
23 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 840,426840.4k $31.7m $31.7m 0.00% Added +336.3k +336,260
24 WALLER FINANCIAL PLANNING GROUP, INC 8.47% of their portfolio COLUMBUS, OH 791,058791.1k $29.9m $29.9m 8.47% Reduced -116.6k -116,613
25 Capital Analysts, LLC 1.69% of their portfolio FORT WASHINGTON, PA 780,332780.3k $29.5m $29.5m 1.69% Added +6.2k +6,200
26 Amplius Wealth Advisors, LLC 4.21% of their portfolio BLUE BELL, PA 776,876776.9k $29.3m $29.3m 4.21% Added +48.1k +48,150
27 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 763,427763.4k $28.8m $28.8m 0.00% Reduced -81.0k -80,954
28 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 709,343709.3k $26.8m $26.8m 0.05% Added +3.7k +3,733
29 Morningstar Investment Services LLC 0.32% of their portfolio CHICAGO, IL 646,230646.2k $24.0m $24.0m 0.32% Reduced -2.2k -2,165
30 Peterson Wealth Advisors, LLC 6.23% of their portfolio Orem, UT 599,045599.0k $22.6m $22.6m 6.23% Added +19.1k +19,124
31 SPINNAKER TRUST 1.63% of their portfolio PORTLAND, ME 569,492569.5k $21.5m $21.5m 1.63% Added +31.1k +31,098
32 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 559,756559.8k $21.1m $21.1m 0.02% Added +19.7k +19,730
33 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 556,714556.7k $21.0m $21.0m 0.01% Added +41.5k +41,487
34 Annex Advisory Services, LLC 1.04% of their portfolio BROOKFIELD, WI 513,722513.7k $19.4m $19.4m 1.04% Reduced -12.8k -12,828
35 Good Life Advisors, LLC 2.43% of their portfolio READING, PA 504,045504.0k $19.0m $19.0m 2.43% Added +32.0k +32,028
36 Leicht Financial Planning & Wealth Management, Inc. 11.66% of their portfolio PARSIPPANY, NJ 501,355501.4k $18.9m $18.9m 11.66% Added +30.2k +30,214
37 Gateway Wealth Partners, LLC 2.91% of their portfolio APPLETON, WI 501,083501.1k $18.9m $18.9m 2.91% Added +40.3k +40,320
38 Cetera Advisor Networks LLC 0.14% of their portfolio EL SEGUNDO, CA 488,336488.3k $18.4m $18.4m 0.14% Added +41.7k +41,748
39 CWM, LLC 0.12% of their portfolio OMAHA, NE 465,026465.0k $17.6m $17.6m 0.12% Added +335.7k +335,738
40 GREAT VALLEY ADVISOR GROUP, INC. 0.76% of their portfolio WILMINGTON, DE 433,713433.7k $16.4m $16.4m 0.76% Reduced -178.1k -178,110
41 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 419,406419.4k $15.8m $15.8m 0.03% Reduced -9.9k -9,906
42 IHT Wealth Management, LLC 0.90% of their portfolio Chicago, IL 416,626416.6k $15.7m $15.7m 0.90% Added +151.5k +151,542
43 Garrett Wealth Advisory Group, LLC 7.31% of their portfolio WEATHERFORD, TX 396,792396.8k $15.0m $15.0m 7.31% Added +7.0k +7,047
44 Pure Financial Advisors, LLC 0.68% of their portfolio SAN DIEGO, CA 390,437390.4k $14.7m $14.7m 0.68% Reduced -1.9k -1,947
45 McNamara Financial Services, Inc. 3.62% of their portfolio MARSHFIELD, MA 384,444384.4k $14.5m $14.5m 3.62% Added +910 +910
46 Dakota Wealth Management 0.95% of their portfolio PALM BEACH GARDENS, FL 374,453374.5k $14.1m $14.1m 0.95% Added +72.7k +72,719
47 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 349,482349.5k $13.2m $13.2m 0.00% Added +307.8k +307,775
48 AlphaStar Capital Management, LLC 1.06% of their portfolio CORNELIUS, NC 333,871333.9k $12.5m $12.5m 1.06% Added +213.5k +213,502
49 Integrated Wealth Concepts LLC 0.26% of their portfolio WALTHAM, MA 330,478330.5k $12.5m $12.5m 0.26% Added +198.8k +198,768
50 Trilogy Capital Inc. 0.79% of their portfolio IRVINE, CA 295,387295.4k $11.2m $11.2m 0.79% Reduced -21.8k -21,774
51 Boston Standard Wealth Management, LLC 3.19% of their portfolio WINCHESTER, MA 294,188294.2k $11.1m $11.1m 3.19% Reduced -2.1k -2,102
52 Marmo Financial Group, LLC 10.52% of their portfolio Johnson City, TN 292,625292.6k $11.1m $11.1m 10.52% Reduced -165.0k -165,019
53 Allen Capital Group, LLC 2.06% of their portfolio GRAND ISLAND, NE 286,218286.2k $10.8m $10.8m 2.06% New
54 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 277,707277.7k $10.5m $10.5m 0.02% Reduced -82.8k -82,754
55 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 273,806273.8k $10.3m $10.3m 0.05% Added +19.4k +19,406
56 Financial Synergies Wealth Advisors, Inc. 1.47% of their portfolio HOUSTON, TX 265,132265.1k $10.0m $10.0m 1.47% Reduced -5.4k -5,429
57 Stratos Wealth Partners, LTD. 0.26% of their portfolio BEACHWOOD, OH 256,551256.6k $9.7m $9.7m 0.26% Added +25.8k +25,824
58 Mariner, LLC 0.03% of their portfolio Overland Park, KS 250,097250.1k $9.4m $9.4m 0.03% Reduced -192 -192
59 Equitable Holdings, Inc. 0.14% of their portfolio NEW YORK, NY 237,807237.8k $9.0m $9.0m 0.14% Reduced -18.1k -18,064
60 WBH ADVISORY INC 1.11% of their portfolio BALTIMORE, MD 234,885234.9k $8.9m $8.9m 1.11% First filing
61 Windsor Capital Management, LLC 3.05% of their portfolio Phoenix, AZ 234,591234.6k $8.9m $8.9m 3.05% Added +7.0k +6,981
62 Wealth Management Solutions, LLC 5.05% of their portfolio EXTON, PA 232,360232.4k $8.8m $8.8m 5.05% Added +30.0k +29,976
63 Valeo Financial Advisors, LLC 0.41% of their portfolio CARMEL, IN 227,153227.2k $8.6m $8.6m 0.41% Reduced -5.1k -5,094
64 NORTH STAR ASSET MANAGEMENT INC 0.48% of their portfolio NEENAH, WI 216,128216.1k $8.2m $8.2m 0.48% Added +18.8k +18,796
65 KWB Wealth 1.47% of their portfolio REDLANDS, CA 215,949215.9k $8.0m $8.0m 1.47% Added +774 +774
66 FLAGSHIP HARBOR ADVISORS, LLC 0.75% of their portfolio BOSTON, MA 210,723210.7k $8.0m $8.0m 0.75% Added +103.0k +102,983
67 MONEY CONCEPTS CAPITAL CORP 0.11% of their portfolio PALM BEACH GARDENS, FL 210,134210.1k $2.0m $2.0m 0.11% Added +205.9k +205,853
68 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 206,293206.3k $7.8m $7.8m 0.01% Added +21.5k +21,549
69 ADAMSBROWN WEALTH CONSULTANTS LLC 4.43% of their portfolio WICHITA, KS 203,663203.7k $7.7m $7.7m 4.43% Added +8.7k +8,665
70 Allworth Financial LP 0.08% of their portfolio FOLSOM, CA 202,010202.0k $7.6m $7.6m 0.08% Added +16.1k +16,095
71 Larson Financial Group LLC 0.83% of their portfolio ST LOUIS, MO 201,691201.7k $7.6m $7.6m 0.83% Reduced -6.6k -6,647
72 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 201,422201.4k $7.6m $7.6m 0.01% Added +83.3k +83,266
73 Geneos Wealth Management Inc. 0.45% of their portfolio ENGLEWOOD, CO 197,900197.9k $7.5m $7.5m 0.45% Added +32.4k +32,351
74 HARVEST GROUP WEALTH MANAGEMENT, LLC 4.56% of their portfolio WALTHAM, MA 194,090194.1k $7.3m $7.3m 4.56% Reduced -6.6k -6,646
75 Global Retirement Partners, LLC 0.37% of their portfolio San Rafael, CA 193,770193.8k $7.0m $7.0m 0.37% Added +4.2k +4,152
76 Arete Wealth Advisors, LLC 0.59% of their portfolio CHICAGO, IL 191,842191.8k $7.2m $7.2m 0.59% Added +17.5k +17,509
77 HM PAYSON & CO 0.17% of their portfolio PORTLAND, ME 187,082187.1k $7.1m $7.1m 0.17% New
78 OARSMAN CAPITAL, INC. 3.30% of their portfolio MILWAUKEE, WI 186,833186.8k $7.1m $7.1m 3.30% Reduced -2.1k -2,072
79 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 184,053184.1k $7.0m $7.0m 0.05% Reduced -18.4k -18,428
80 FLYNN ZITO CAPITAL MANAGEMENT, LLC 5.01% of their portfolio GARDEN CITY, NY 182,782182.8k $6.9m $6.9m 5.01% Added +55.7k +55,733
81 CAHABA WEALTH MANAGEMENT, INC. 0.70% of their portfolio Atlanta, GA 162,606162.6k $6.1m $6.1m 0.70% Added +8.2k +8,243
82 PARK AVENUE SECURITIES LLC 0.10% of their portfolio NEW YORK, NY 160,041160.0k $6.0m $6.0m 0.10% Added +26.8k +26,825
83 Summit Investment Advisory Services, LLC 4.28% of their portfolio ROSEVILLE, MN 159,330159.3k $6.0m $6.0m 4.28% Added +9.9k +9,876
84 Wealth Advisors of Iowa, LLC 4.68% of their portfolio WEST DES MOINES, IA 158,513158.5k $6.0m $6.0m 4.68% Added +136.4k +136,428
85 WRAPMANAGER INC 1.82% of their portfolio MILL VALLEY, CA 156,542156.5k $5.9m $5.9m 1.82% Added +485 +485
86 TPG Financial Advisors, LLC 3.19% of their portfolio PORTLAND, OR 154,482154.5k $5.8m $5.8m 3.19% Added +8.1k +8,133
87 Avior Wealth Management, LLC 0.40% of their portfolio OMAHA, NE 153,183153.2k $5.8m $5.8m 0.40% Added +7.0k +7,018
88 Aspire Private Capital, LLC 1.91% of their portfolio Cornelius, NC 151,961152.0k $5.7m $5.7m 1.91% Added +106.8k +106,836
89 CIBC Private Wealth Group LLC 0.01% of their portfolio ATLANTA, GA 150,784150.8k $5.7m $5.7m 0.01% Added +104.6k +104,596
90 MJP ASSOCIATES INC /ADV 1.75% of their portfolio FARMINGTON, CT 150,623150.6k $5.7m $5.7m 1.75% Added +14.3k +14,267
91 PSI Advisors, LLC 2.70% of their portfolio TAMPA, FL 148,187148.2k $5.6m $5.6m 2.70% Added +16.7k +16,723
92 GPS Wealth Strategies Group, LLC 1.12% of their portfolio CENTENNIAL, CO 142,908142.9k $5.4m $5.4m 1.12% Added +7.1k +7,099
93 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 139,731139.7k $5.3m $5.3m 0.01% Added +38.9k +38,854
94 AIFG Consultants Ltd. 4.46% of their portfolio HALFMOON, NY 139,334139.3k $5.3m $5.3m 4.46% Added +40.2k +40,246
95 Wealthquest Corp 0.68% of their portfolio CINCINNATI, OH 138,574138.6k $5.2m $5.2m 0.68% Added +1.9k +1,950
96 BCGM Wealth Management, LLC 2.58% of their portfolio LAFAYETTE, IN 135,337135.3k $5.1m $5.1m 2.58% Reduced -9.9k -9,878
97 Advisor OS, LLC 1.22% of their portfolio CHICAGO, IL 134,869134.9k $5.1m $5.1m 1.22% Reduced -946 -946
98 Financial Gravity Asset Management, Inc. 0.17% of their portfolio Lakeway, TX 134,669134.7k $5.1m $5.1m 0.17% Added +79.7k +79,682
99 Destiny Capital Corp/CO 4.08% of their portfolio DENVER, CO 132,595132.6k $5.0m $5.0m 4.08% Reduced -928 -928
100 DEBUSSY CAPITAL MANAGEMENT LP 1.51% of their portfolio CHICAGO, IL 132,462132.5k $5.0m $5.0m 1.51% Reduced -26.2k -26,241