Vault-13

SPDR SER TR SPSM

PORTFOLIO S&P600 · ETP · CUSIP 78468R853

812 institutional holders +37 vs Q1 2024
184,511,228184.5m shares reported held*
$7.7bnreported value*
63 new 332 added 291 reduced 42 sold out net sold ≈ $207.6m (-4.9m 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 ($12.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $41.57. Options: 3 managers hold calls ($2.5m notional), 1 hold puts ($8.3k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 432Q4 22: 476Q1 23: 476Q2 23: 670Q3 23: 688Q4 23: 779Q1 24: 775Q2 24: 812812Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022432
Q4 2022476
Q1 2023476
Q2 2023670
Q3 2023688
Q4 2023779
Q1 2024775
Q2 2024812

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q4 22: 245 bought or addedQ4 22: 185 cut or sold outQ4 22Q1 23: 280 bought or addedQ1 23: 188 cut or sold outQ2 23: 498 bought or addedQ2 23: 145 cut or sold outQ2 23Q3 23: 366 bought or addedQ3 23: 268 cut or sold outQ4 23: 403 bought or addedQ4 23: 277 cut or sold outQ4 23Q1 24: 398 bought or addedQ1 24: 337 cut or sold outQ2 24: 395 bought or addedQ2 24: 333 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022245185
Q1 2023280188
Q2 2023498145
Q3 2023366268
Q4 2023403277
Q1 2024398337
Q2 2024395333

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ3 23 calls: $862.0kQ3 23 puts: $208.6kQ3 23P/C 0.24Q4 23 calls: $3.6mQ4 23 puts: $279.4kQ4 23P/C 0.08Q1 24 calls: $3.9mQ1 24 puts: $64.6kQ1 24P/C 0.02Q2 24 calls: $2.5mQ2 24 puts: $8.3kQ2 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2023$862.0k$208.6k0.24
Q4 2023$3.6m$279.4k0.08
Q1 2024$3.9m$64.6k0.02
Q2 2024$2.5m$8.3k0.00

Biggest buyers

Betterment LLC Added +1,486,815+1.5m
CWM, LLC Added +1,256,400+1.3m
Savant Capital, LLC Added +911,013+911.0k
Atlas Private Wealth Advisors Added +717,995+718.0k
LPL Financial LLC Added +588,029+588.0k
MASON STREET ADVISORS, LLC Added +551,900+551.9k
Financial Engines Advisors L.L.C. Added +451,318+451.3k
STATE STREET CORP Added +304,628+304.6k
TOWNSQUARE CAPITAL LLC Added +204,506+204.5k
Louisiana State Employees Retirement System New +200,000+200.0k

Biggest sellers

MORGAN STANLEY Reduced -5,926,628-5.9m
Elo Mutual Pension Insurance Co Reduced -1,120,735-1.1m
Mariner, LLC Reduced -1,033,812-1.0m
AMERIPRISE FINANCIAL INC Reduced -631,000-631.0k
Austin Private Wealth, LLC Reduced -512,233-512.2k
BANK OF AMERICA CORP /DE/ Reduced -476,090-476.1k
Valmark Advisers, Inc. Reduced -353,662-353.7k
Stadion Money Management, LLC Reduced -334,643-334.6k
ALPS ADVISORS INC Sold out -320,395-320.4k
Fox Financial, Inc Reduced -296,351-296.4k

Biggest calls

CITADEL ADVISORS LLC Added $1.4m33.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $697.7k16.8k shares
WOLVERINE TRADING, LLC New $436.1k10.5k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $8.3k200 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Financial Engines Advisors L.L.C. 2.03% of their portfolio SANTA CLARA, CA 22,021,85422.0m $914.6m $914.6m 2.03% Added +451.3k +451,318
2 LPL Financial LLC 0.37% of their portfolio FORT MILL, SC 17,971,07218.0m $746.3m $746.3m 0.37% Added +588.0k +588,029
3 Betterment LLC 1.58% of their portfolio NEW YORK, NY 14,645,93514.6m $608.2m $608.2m 1.58% Added +1.5m +1,486,815
4 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 6,454,5376.5m $268.1m $268.1m 0.03% Reduced -476.1k -476,090
5 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio SAN FRANCISCO, CA 5,545,0345.5m $230.3m $230.3m 0.04% Added +42.0k +42,003
6 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 5,511,9585.5m $228.9m $228.9m 0.06% Reduced -631.0k -631,000
7 Valmark Advisers, Inc. 3.59% of their portfolio AKRON, OH 5,095,5475.1m $211.6m $211.6m 3.59% Reduced -353.7k -353,662
8 CWM, LLC 0.68% of their portfolio OMAHA, NE 3,454,2393.5m $143.5m $143.5m 0.68% Added +1.3m +1,256,400
9 Richard Bernstein Advisors LLC 3.11% of their portfolio NEW YORK, NY 3,381,1133.4m $140.4m $140.4m 3.11% Reduced -135.8k -135,814
10 Creative Planning 0.14% of their portfolio OVERLAND PARK, KS 3,141,1873.1m $130.5m $130.5m 0.14% Reduced -62.4k -62,447
11 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,077,8603.1m $127.8m $127.8m 0.01% Reduced -5.9m -5,926,628
12 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 3,060,3363.1m $127.1m $127.1m 0.04% Reduced -148.3k -148,346
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,737,7802.7m $113.7m $113.7m 0.00% Reduced -87.1k -87,064
14 UBS Group AG 0.03% of their portfolio ZURICH, V8 2,225,3312.2m $92.4m $92.4m 0.03% Reduced -9.9k -9,853
15 Private Advisor Group, LLC 0.62% of their portfolio MORRISTOWN, NJ 2,212,7352.2m $91.9m $91.9m 0.62% Reduced -37.9k -37,918
16 Crestwood Advisors Group, LLC 1.84% of their portfolio BOSTON, MA 2,146,0422.1m $89.1m $89.1m 1.84% Added +40.9k +40,940
17 PNC Financial Services Group, Inc. 0.05% of their portfolio Pittsburgh, PA 1,887,2691.9m $78.4m $78.4m 0.05% Reduced -34.6k -34,630
18 CW Advisors, LLC 1.21% of their portfolio BOSTON, MA 1,832,8831.8m $76.1m $76.1m 1.21% Reduced -28.5k -28,523
19 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 1.62% of their portfolio MINNEAPOLIS, MN 1,813,6241.8m $75.3m $75.3m 1.62% Added +148.0k +147,989
20 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,594,1181.6m $66.2m $66.2m 0.00% Added +304.6k +304,628
21 MBB PUBLIC MARKETS I LLC 1.30% of their portfolio CHICAGO, IL 1,511,2821.5m $62.8m $62.8m 1.30% Added +176.1k +176,141
22 Pinnacle Wealth Planning Services, Inc. 8.74% of their portfolio MANSFIELD, OH 1,473,0371.5m $61.2m $61.2m 8.74% Added +61.0k +60,978
23 Stadion Money Management, LLC 4.92% of their portfolio WATKINSVILLE, GA 1,446,5131.4m $60.1m $60.1m 4.92% Reduced -334.6k -334,643
24 OSAIC HOLDINGS, INC. 0.14% of their portfolio SCOTTSDALE, AZ 1,439,7751.4m $59.8m $59.8m 0.14% Reduced -100.1k -100,126
25 TOWNSQUARE CAPITAL LLC 0.80% of their portfolio Lehi, UT 1,415,1011.4m $58.8m $58.8m 0.80% Added +204.5k +204,506
26 Atlas Private Wealth Advisors 9.39% of their portfolio RED BANK, NJ 1,391,3031.4m $57.8m $57.8m 9.39% Added +718.0k +717,995
27 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,388,5531.4m $57.7m $57.7m 0.01% Added +16.2k +16,222
28 Wealthcare Advisory Partners LLC 1.60% of their portfolio WEST CHESTER, PA 1,234,9531.2m $51.3m $51.3m 1.60% Added +82.7k +82,734
29 Merit Financial Group, LLC 1.12% of their portfolio ALPHARETTA, GA 1,223,1041.2m $50.8m $50.8m 1.12% Reduced -47.2k -47,215
30 Morningstar Investment Services LLC 0.54% of their portfolio CHICAGO, IL 1,217,4571.2m $50.1m $50.1m 0.54% Reduced -20.6k -20,606
31 GREAT VALLEY ADVISOR GROUP, INC. 1.32% of their portfolio WILMINGTON, DE 1,139,7271.1m $47.3m $47.3m 1.32% Added +4.9k +4,926
32 Cetera Investment Advisers 0.10% of their portfolio SCHAUMBURG, IL 1,051,9711.1m $43.7m $43.7m 0.10% Added +34.9k +34,876
33 MIDLAND WEALTH ADVISORS, LLC 2.57% of their portfolio EFFINGHAM, IL 1,045,0531.0m $43.4m $43.4m 2.57% Added +791 +791
34 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 945,346945.3k $39.3m $39.3m 0.04% Added +25.2k +25,244
35 Savant Capital, LLC 0.39% of their portfolio ROCKFORD, IL 944,261944.3k $39.2m $39.2m 0.39% Added +911.0k +911,013
36 TRUIST FINANCIAL CORP 0.06% of their portfolio CHARLOTTE, NC 930,236930.2k $38.6m $38.6m 0.06% Added +3.2k +3,190
37 Capital Analysts, LLC 1.69% of their portfolio FORT WASHINGTON, PA 920,492920.5k $38.2m $38.2m 1.69% Added +23.6k +23,586
38 HighTower Advisors, LLC 0.06% of their portfolio CHICAGO, IL 919,014919.0k $38.1m $38.1m 0.06% Reduced -182.3k -182,275
39 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 910,907910.9k $37.8m $37.8m 0.01% Added +18.2k +18,239
40 WALLER FINANCIAL PLANNING GROUP, INC 9.06% of their portfolio COLUMBUS, OH 812,187812.2k $33.7m $33.7m 9.06% Added +10.9k +10,862
41 ASSETMARK, INC 0.10% of their portfolio CONCORD, CA 799,259799.3k $33.2m $33.2m 0.10% Reduced -161.6k -161,577
42 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 754,632754.6k $31.3m $31.3m 0.02% Reduced -38.6k -38,632
43 Obermeyer Wealth Partners 1.79% of their portfolio ASPEN, CO 750,676750.7k $31.2m $31.2m 1.79% Reduced -6.3k -6,281
44 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 743,265743.3k $30.9m $30.9m 0.05% Reduced -34.1k -34,052
45 SPINNAKER TRUST 1.88% of their portfolio PORTLAND, ME 707,161707.2k $29.4m $29.4m 1.88% Added +6.7k +6,739
46 Envestnet Portfolio Solutions, Inc. 0.10% of their portfolio BERWYN, PA 679,910679.9k $28.2m $28.2m 0.10% Added +86.0k +85,996
47 MASON STREET ADVISORS, LLC 3.77% of their portfolio MILWAUKEE, WI 675,300675.3k $28.0m $28.0m 3.77% Added +551.9k +551,900
48 Peterson Wealth Advisors, LLC 5.75% of their portfolio Orem, UT 660,370660.4k $27.4m $27.4m 5.75% Added +12.1k +12,079
49 DAVENPORT & Co LLC 0.16% of their portfolio RICHMOND, VA 623,697623.7k $25.9m $25.9m 0.16% Reduced -274.3k -274,268
50 Integrated Wealth Concepts LLC 0.34% of their portfolio WALTHAM, MA 605,714605.7k $25.2m $25.2m 0.34% Reduced -48.3k -48,317
51 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 1.92% of their portfolio KNOXVILLE, TN 589,899589.9k $24.5m $24.5m 1.92% Added +61.4k +61,359
52 Dakota Wealth Management 0.58% of their portfolio PALM BEACH GARDENS, FL 589,187589.2k $24.5m $24.5m 0.58% Added +65.9k +65,864
53 Gerber Kawasaki Wealth & Investment Management 1.22% of their portfolio SANTA MONICA, CA 586,063586.1k $24.3m $24.3m 1.22% Added +53.5k +53,450
54 Focus Financial Network, Inc. 1.13% of their portfolio MINNEAPOLIS, MN 584,712584.7k $26.5m $26.5m 1.13% Added +14.0k +14,038
55 Equitable Holdings, Inc. 0.25% of their portfolio NEW YORK, NY 576,318576.3k $23.9m $23.9m 0.25% Added +95.8k +95,778
56 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.06% of their portfolio PLYMOUTH, MN 570,208570.2k $23.7m $23.7m 0.06% Reduced -46.5k -46,470
57 Corient Private Wealth LP 0.04% of their portfolio MIAMI, FL 559,849559.8k $23.3m $23.3m 0.04% Added +11.2k +11,235
58 Good Life Advisors, LLC 1.86% of their portfolio READING, PA 544,246544.2k $22.6m $22.6m 1.86% Added +61.9k +61,948
59 JNBA Financial Advisors 2.23% of their portfolio BLOOMINGTON, MN 508,713508.7k $21.1m $21.1m 2.23% Added +55.5k +55,525
60 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 503,707503.7k $20.9m $20.9m 0.04% Added +20.7k +20,655
61 OneDigital Investment Advisors LLC 0.25% of their portfolio OVERLAND PARK, KS 488,890488.9k $20.3m $20.3m 0.25% Reduced -6.5k -6,470
62 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 470,950470.9k $19.6m $19.6m 0.02% Reduced -115.7k -115,652
63 McNamara Financial Services, Inc. 4.08% of their portfolio MARSHFIELD, MA 464,138464.1k $19.3m $19.3m 4.08% Added +76.7k +76,677
64 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 453,885453.9k $18.9m $18.9m 0.07% Added +12.9k +12,869
65 Avior Wealth Management, LLC 0.81% of their portfolio OMAHA, NE 451,518451.5k $18.8m $18.8m 0.81% Added +136.3k +136,285
66 Mariner, LLC 0.04% of their portfolio Overland Park, KS 450,358450.4k $18.7m $18.7m 0.04% Reduced -1.0m -1,033,812
67 Financial Security Advisor, Inc. 6.22% of their portfolio VIRGINIA BEACH, VA 447,001447.0k $18.6m $18.6m 6.22% Reduced -4.7k -4,746
68 RETIREMENT FINANCIAL SOLUTIONS, LLC 8.27% of their portfolio KNOXVILLE, TN 423,063423.1k $17.6m $17.6m 8.27% Added +51.7k +51,717
69 Garrett Wealth Advisory Group, LLC 6.05% of their portfolio WEATHERFORD, TX 397,145397.1k $16.5m $16.5m 6.05% Added +4.6k +4,597
70 ST GERMAIN D J CO INC 0.79% of their portfolio SPRINGFIELD, MA 395,384395.4k $16.4m $16.4m 0.79% Added +35.1k +35,055
71 IHT Wealth Management, LLC 0.60% of their portfolio Chicago, IL 385,456385.5k $16.0m $16.0m 0.60% Reduced -18.1k -18,085
72 Leicht Financial Planning & Wealth Management, Inc. 8.31% of their portfolio PARSIPPANY, NJ 375,843375.8k $15.6m $15.6m 8.31% Added +9.1k +9,094
73 Trilogy Capital Inc. 0.77% of their portfolio IRVINE, CA 340,788340.8k $14.2m $14.2m 0.77% Added +3.7k +3,746
74 Allen Capital Group, LLC 1.97% of their portfolio GRAND ISLAND, NE 337,055337.1k $14.0m $14.0m 1.97% Added +12.6k +12,550
75 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.57% of their portfolio RICHMOND, VA 336,524336.5k $14.0m $14.0m 0.57% Added +33.8k +33,775
76 Boston Standard Wealth Management, LLC 3.07% of their portfolio WINCHESTER, MA 335,826335.8k $13.9m $13.9m 3.07% Added +7.5k +7,509
77 Stratos Wealth Partners, LTD. 0.22% of their portfolio BEACHWOOD, OH 335,150335.1k $13.9m $13.9m 0.22% Added +31.5k +31,459
78 Carnegie Investment Counsel 0.43% of their portfolio PEPPER PIKE, OH 334,800334.8k $13.9m $13.9m 0.43% Added +11.0k +10,985
79 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 334,705334.7k $13.9m $13.9m 0.02% Added +12.5k +12,517
80 Sanctuary Advisors, LLC 0.10% of their portfolio INDIANAPOLIS, IN 333,401333.4k $13.7m $13.7m 0.10% First filing
81 Financial Gravity Asset Management, Inc. 3.42% of their portfolio Lakeway, TX 331,258331.3k $13.7m $13.7m 3.42% Reduced -289.3k -289,310
82 BERKSHIRE ASSET MANAGEMENT LLC/PA 0.68% of their portfolio WILKES BARRE, PA 330,569330.6k $13.7m $13.7m 0.68% Added +20.8k +20,844
83 Austin Private Wealth, LLC 1.43% of their portfolio Austin, TX 320,013320.0k $13.3m $13.3m 1.43% Reduced -512.2k -512,233
84 CARY STREET PARTNERS ASSET MANAGEMENT LLC 1.94% of their portfolio RICHMOND, VA 318,185318.2k $13.2m $13.2m 1.94% Added +45.1k +45,113
85 Marmo Financial Group, LLC 7.92% of their portfolio Johnson City, TN 315,441315.4k $13.1m $13.1m 7.92% Reduced -4.4k -4,364
86 FLAGSHIP HARBOR ADVISORS, LLC 0.79% of their portfolio BOSTON, MA 315,273315.3k $13.1m $13.1m 0.79% Added +21.1k +21,141
87 Valeo Financial Advisors, LLC 0.41% of their portfolio CARMEL, IN 312,640312.6k $13.0m $13.0m 0.41% Added +1.5k +1,509
88 Western Wealth Management, LLC 0.93% of their portfolio GOLDEN, CO 301,015301.0k $12.5m $12.5m 0.93% Added +41.0k +41,019
89 OneAscent Financial Services LLC 1.73% of their portfolio BIRMINGHAM, AL 299,803299.8k $12.5m $12.5m 1.73% Reduced -53.7k -53,703
90 Geneos Wealth Management Inc. 0.53% of their portfolio ENGLEWOOD, CO 286,774286.8k $11.9m $11.9m 0.53% Added +22.3k +22,271
91 Taylor & Morgan Wealth Management, LLC 8.25% of their portfolio TROY, MI 281,021281.0k $11.7m $11.7m 8.25% Added +4.1k +4,137
92 NORTH STAR ASSET MANAGEMENT INC 0.55% of their portfolio NEENAH, WI 278,423278.4k $11.6m $11.6m 0.55% Added +8.1k +8,111
93 PARK AVENUE SECURITIES LLC 0.14% of their portfolio NEW YORK, NY 278,369278.4k $11.6m $11.6m 0.14% Added +8.1k +8,072
94 WBH ADVISORY INC 1.14% of their portfolio BALTIMORE, MD 271,546271.5k $11.3m $11.3m 1.14% Added +11.5k +11,455
95 Pure Financial Advisors, LLC 0.31% of their portfolio SAN DIEGO, CA 266,579266.6k $11.1m $11.1m 0.31% Reduced -4.7k -4,717
96 RVW Wealth, LLC 1.09% of their portfolio LOS ANGELES, CA 263,569263.6k $10.9m $10.9m 1.09% Reduced -44.7k -44,730
97 Financial Insights, Inc. 3.03% of their portfolio TACOMA, WA 262,719262.7k $10.9m $10.9m 3.03% Added +11.2k +11,202
98 Legacy Edge Advisors, LLC 2.01% of their portfolio SYOSSET, NY 262,075262.1k $10.9m $10.9m 2.01% Added +67.0k +66,985
99 Global Retirement Partners, LLC 0.34% of their portfolio San Rafael, CA 261,071261.1k $10.8m $10.8m 0.34% Added +14.6k +14,565
100 Kestra Advisory Services, LLC 0.06% of their portfolio AUSTIN, TX 257,963258.0k $10.7m $10.7m 0.06% Added +25.1k +25,087