DaveManuel.com · Institutional Ownership · Who Owns It
STATE STR SPDR S&P 500 ETF T (SPY)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
4,817
Reporting holders
$1.6T
Reported value
23.6%
Calls
48.5%
Puts
+54
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| JANE STREET GROUP, LLC | $203.5B incl. $170.4B options CALL+PUT | 44,258,657 | 16.88% | 31q | +118.1%+$110.2B |
| Optiver Holding B.V. | $121.0B incl. $119.9B options CALL+PUT | 1,547,020 | 32.65% | 22q | +89065.4%+$120.9B |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $120.1B incl. $109.2B options CALL+PUT | 14,608,579 | 9.36% | 31q | +37.2%+$32.6B |
| 1832 Asset Management L.P. | $112.2B incl. $112.1B options PUT | 99,829 | 56.25% | 2q | +71.9%+$46.9B |
| CTC LLC | $89.4B incl. $89.2B options CALL+PUT | 268,957 | 28.27% | 11q | HELD |
| BARCLAYS PLC | $67.7B incl. $62.6B options CALL+PUT | 6,877,699 | 13.01% | 31q | +5.3%+$3.4B |
| CITADEL ADVISORS LLC | $59.2B incl. $58.9B options CALL+PUT | 436,890 | 6.77% | 31q | +25.6%+$12.1B |
| IMC-Chicago, LLC | $57.9B CALL+PUT | options only | 13.83% | 19q | OPTIONS |
| Belvedere Trading LLC | $44.0B CALL+PUT | options only | 50.28% | 20q | OPTIONS |
| JPMORGAN CHASE & CO | $43.7B incl. $8.4B options CALL+PUT | 47,650,227 | 2.42% | 31q | +4.1%+$1.7B |
| ROYAL BANK OF CANADA | $43.5B incl. $36.7B options CALL+PUT | 9,162,383 | 6.48% | 31q | +43.5%+$13.2B |
| GOLDMAN SACHS GROUP INC | $43.0B incl. $19.4B options CALL+PUT | 31,515,905 | 3.73% | 31q | -13.9%-$6.9B |
| SIMPLEX TRADING, LLC | $42.0B incl. $41.9B options CALL+PUT | 53,496 | 24.60% | 31q | -73.6%-$117.1B |
| MORGAN STANLEY | $24.1B | 32,285,648 | 1.28% | 35q | -20.3%-$6.1B |
| BANK OF AMERICA CORP /DE/ | $23.0B | 30,777,198 | 1.48% | 31q | -4.6%-$1.1B |
| Parallax Volatility Advisers, L.P. | $22.9B CALL+PUT | options only | 38.91% | 31q | OPTIONS |
| UBS Group AG | $22.4B incl. $13.3B options CALL+PUT | 12,268,155 | 2.85% | 31q | HELD |
| BNP PARIBAS FINANCIAL MARKETS | $20.7B incl. $18.3B options CALL+PUT | 3,190,021 | 7.16% | 31q | +7.0%+$1.4B |
| AKUNA SECURITIES LLC | $18.4B CALL+PUT | options only | 51.46% | 17q | OPTIONS |
| ALKEON CAPITAL MANAGEMENT LLC | $15.7B PUT | options only | 21.17% | 31q | OPTIONS |
| WELLS FARGO & COMPANY/MN | $12.4B incl. $3.4B options CALL+PUT | 11,997,971 | 2.01% | 31q | +27.4%+$2.7B |
| Castle Hook Partners LP | $12.3B CALL | options only | 56.52% | 5q | OPTIONS |
| BlackRock, Inc. | $12.3B incl. $10.7B options CALL+PUT | 2,178,833 | 0.18% | 8q | +5.6%+$650.8M |
| D. E. Shaw & Co., Inc. | $10.5B | 14,028,230 | 4.98% | 31q | +1781.7%+$9.9B |
| MILLENNIUM MANAGEMENT LLC | $10.4B incl. $6.8B options CALL+PUT | 4,857,109 | 3.76% | 31q | +679.7%+$9.1B |
| NORTHERN TRUST CORP | $10.3B | 13,734,618 | 1.19% | 31q | -0.8%-$78.6M |
| Lido Advisors, LLC | $10.1B incl. $7.0B options CALL+PUT | 4,174,930 | 27.49% | 36q | -3.7%-$391.2M |
| BANK OF MONTREAL /CAN/ | $10.0B incl. $5.2B options CALL+PUT | 6,446,804 | 3.30% | 31q | +8.1%+$749.6M |
| Gotham Asset Management, LLC | $8.5B | 11,393,386 | 19.80% | 23q | +26.5%+$1.8B |
| CAPSTONE INVESTMENT ADVISORS, LLC | $7.7B incl. $7.6B options CALL+PUT | 101,328 | 14.28% | 31q | -82.9%-$37.5B |
| LPL Financial LLC | $7.5B incl. $150.0M options CALL+PUT | 9,899,502 | 1.69% | 31q | -0.6%-$48.4M |
| RK Capital Management, LLC/FL | $7.1B incl. $7.1B options CALL+PUT | 577 | 66.01% | 11q | -94.4%-$120.0B |
| HRT FINANCIAL LP | $5.6B | 7,452,855 | 10.16% | 31q | +7.9%+$407.9M |
| Squarepoint Ops LLC | $5.2B incl. $4.3B options CALL+PUT | 1,252,701 | 5.76% | 25q | +414.6%+$4.2B |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $4.7B | 6,238,087 | 2.49% | 31q | +2.1%+$93.9M |
| FARALLON CAPITAL MANAGEMENT, L.L.C. | $4.5B PUT | options only | 20.67% | new | OPTIONS |
| Bridgewater Associates, LP | $4.0B | 5,320,308 | 16.30% | 31q | +21.9%+$713.5M |
| Capula Management Ltd | $3.8B incl. $319.2M options CALL+PUT | 4,595,409 | 13.40% | 31q | -25.4%-$1.3B |
| Walleye Trading LLC | $3.7B incl. $3.3B options CALL+PUT | 418,536 | 4.17% | 31q | HELD |
| Blackstone Inc. | $3.6B incl. $2.3B options PUT | 1,703,368 | 9.20% | 17q | +1502.0%+$3.4B |
| RAYMOND JAMES FINANCIAL INC | $3.6B incl. $89.0M options PUT | 4,642,045 | 0.96% | 7q | +2.5%+$86.2M |
| CARRONADE CAPITAL MANAGEMENT, LP | $3.4B | 4,500,000 | 58.20% | 4q | HELD |
| US BANCORP \DE\ | $3.1B incl. $9.0K options PUT | 4,204,899 | 3.43% | 31q | +0.9%+$28.2M |
| FMR LLC | $3.1B | 4,159,436 | 0.13% | 31q | HELD |
| PNC Financial Services Group, Inc. | $2.9B | 3,829,921 | 1.42% | 31q | -1.9%-$54.9M |
| Cresset Asset Management, LLC | $2.8B incl. $17.8M options CALL+PUT | 3,728,404 | 10.16% | 31q | +4.7%+$125.4M |
| Jain Global LLC | $2.8B incl. $2.5B options CALL+PUT | 422,120 | 11.03% | 6q | +108.5%+$1.5B |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. | $2.6B | 3,500,840 | 16.26% | 27q | -18.0%-$573.6M |
| Balyasny Asset Management L.P. | $2.6B incl. $2.0B options CALL+PUT | 861,737 | 3.25% | 31q | +618.6%+$2.2B |
| MACKENZIE FINANCIAL CORP | $2.6B incl. $15.6K options PUT | 3,472,617 | 2.59% | 31q | +1.2%+$29.8M |
| TRUIST FINANCIAL CORP | $2.4B incl. $116.7M options PUT | 3,070,445 | 2.88% | 31q | -2.5%-$61.8M |
| ARMISTICE CAPITAL, LLC | $2.4B PUT | options only | 29.24% | 20q | OPTIONS |
| Clal Insurance Enterprises Holdings Ltd | $2.3B | 3,036,296 | 10.17% | 31q | +51.7%+$774.7M |
| Point72 Asset Management, L.P. | $2.2B CALL+PUT | options only | 2.46% | 31q | OPTIONS |
| AMERIPRISE FINANCIAL INC | $2.2B incl. $4.3M options PUT | 2,966,528 | 0.45% | 31q | +1.4%+$30.4M |
| Creative Planning | $2.2B incl. $54.0K options CALL+PUT | 2,961,460 | 1.29% | 31q | HELD |
| CITIGROUP INC | $2.2B incl. $1.2B options CALL+PUT | 1,289,708 | 0.72% | 31q | -20.9%-$576.2M |
| Rockefeller Capital Management L.P. | $2.1B | 2,829,298 | 3.24% | 31q | -4.0%-$87.3M |
| Jefferies Financial Group Inc. | $2.1B incl. $1.2B options CALL+PUT | 1,155,306 | 13.66% | 15q | +83.1%+$941.3M |
| Man Group plc | $2.1B incl. $1.2B options CALL+PUT | 1,146,541 | 3.31% | 14q | HELD |
| HighTower Advisors, LLC | $2.0B | 2,709,844 | 1.94% | 31q | -3.3%-$69.3M |
| TORONTO DOMINION BANK | $2.0B incl. $1.9B options CALL+PUT | 173,182 | 2.30% | 31q | -85.5%-$11.7B |
| Bank of New York Mellon Corp | $2.0B incl. $35.2M options CALL | 2,591,117 | 0.32% | 31q | -2.7%-$54.5M |
| Swan Global Investments, LLC | $2.0B incl. $1.2B options CALL+PUT | 1,072,921 | 58.02% | 31q | +7.8%+$141.9M |
| National Mutual Insurance Federation of Agricultural Cooperatives | $2.0B | 2,617,832 | 12.79% | 31q | HELD |
| ENVESTNET ASSET MANAGEMENT INC | $1.9B | 2,603,752 | 0.46% | 31q | +0.7%+$14.2M |
| Two Seas Capital LP | $1.9B PUT | options only | 38.51% | 7q | OPTIONS |
| TD Asset Management Inc | $1.8B | 2,473,419 | 1.60% | 31q | -13.2%-$280.3M |
| Cerity Partners LLC | $1.8B incl. $183.4M options CALL+PUT | 2,266,287 | 2.23% | 31q | +5.4%+$94.7M |
| NOMURA HOLDINGS INC | $1.7B CALL+PUT | options only | 1.95% | 31q | OPTIONS |
| OLD MISSION CAPITAL LLC | $1.7B incl. $1.6B options CALL+PUT | 98,160 | 26.30% | 10q | -81.2%-$7.1B |
| Focus Partners Wealth | $1.7B incl. $672.1K options OPT | 2,356,808 | 1.69% | 11q | -3.0%-$50.8M |
| Pathstone Holdings, LLC | $1.6B | 2,152,900 | 4.68% | 11q | -1.1%-$17.9M |
| Sanders Capital, LLC | $1.5B | 2,036,906 | 1.52% | 59q | -30.3%-$661.7M |
| Yaupon Capital Management LP | $1.4B PUT | options only | 28.38% | 4q | OPTIONS |
| Cetera Investment Advisers | $1.4B incl. $498.3K options CALL+PUT | 1,868,568 | 1.27% | 31q | +3.2%+$42.7M |
| Calamos Advisors LLC | $1.4B incl. $1.4B options CALL+PUT | 13,308 | 4.58% | 31q | -98.1%-$71.5B |
| Alphadyne Asset Management LP | $1.4B incl. $97.9M options CALL+PUT | 1,695,591 | 13.04% | 4q | HELD |
| CREDIT AGRICOLE S A | $1.3B incl. $1.1B options PUT | 226,013 | 2.61% | 25q | -4.8%-$64.9M |
| Finepoint Capital LP | $1.3B PUT | options only | 45.67% | 8q | OPTIONS |
| Trust Asset Management LLC | $1.3B | 2,408,148 | 54.65% | 31q | +100.0%+$636.8M |
| STATE STREET CORP | $1.2B | 1,651,575 | 0.04% | 31q | +3.6%+$42.6M |
| TOMS Capital Investment Management LP | $1.2B PUT | options only | 25.56% | 15q | OPTIONS |
| STIFEL FINANCIAL CORP | $1.2B | 1,584,389 | 0.98% | 31q | -2.7%-$32.3M |
| Bank Julius Baer & Co. Ltd, Zurich | $1.2B | 1,555,536 | 2.99% | 26q | +11.8%+$122.2M |
| OSAIC HOLDINGS, INC. | $1.1B incl. $6.4M options PUT | 1,522,632 | 1.35% | 26q | +17.6%+$171.2M |
| COMMONWEALTH EQUITY SERVICES, LLC | $1.1B | 1,485,119 | 1.39% | 31q | -8.3%-$100.2M |
| MEITAV INVESTMENT HOUSE LTD | $1.1B | 1,468,305 | 7.37% | 31q | -6.6%-$77.6M |
| Pentwater Capital Management LP | $1.1B incl. $1.1B options PUT | 40,000 | 6.68% | 26q | -93.1%-$14.7B |
| Mariner, LLC | $1.1B | 1,435,507 | 1.13% | 31q | -4.8%-$54.1M |
| HSBC HOLDINGS PLC | $1.0B incl. $558.9M options CALL+PUT | 639,752 | 0.43% | 31q | +5.8%+$56.5M |
| MIZUHO MARKETS AMERICAS LLC | $1.0B incl. $673.6M options CALL+PUT | 479,831 | 16.19% | 20q | +6.4%+$61.8M |
| Corient Private Wealth LP | $1.0B | 1,369,947 | 1.42% | 15q | -11.2%-$129.6M |
| Cambridge Investment Research Advisors, Inc. | $1.0B | 1,368,119 | 1.16% | 31q | +112.5%+$541.0M |
| GTS SECURITIES LLC | $1.0B | 1,366,340 | 21.48% | 13q | +883.8%+$917.0M |
| OAKTREE CAPITAL MANAGEMENT LP | $1.0B PUT | options only | 14.04% | new | OPTIONS |
| ESCHATON OPPORTUNITIES FUND MANAGEMENT LP | $1.0B PUT | options only | 96.81% | new | OPTIONS |
| EXCHANGE TRADED CONCEPTS, LLC | $1.0B incl. $936.9M options CALL+PUT | 88,156 | 4.58% | 8q | +449.5%+$820.2M |
| Qube Research & Technologies Ltd | $987.7M | 1,322,649 | 0.92% | new | NEW |
| MIRAE ASSET SECURITIES (USA) INC. | $980.6M incl. $347.2M options PUT | 848,158 | 27.38% | 6q | +67.4%+$394.7M |
Showing the largest 100 of 4,821 reported holders. The count of 4,817 above leaves out 4 positions whose reported value failed our price check; they are listed here as filed.
Q2 2026 in brief
In Q2 2026, 4,817 managers that file Form 13F reported holding State Str Spdr S&P 500 Etf T (SPY), $1.6T in all. 282 managers opened a position and 228 sold out completely, against 4,763 holders the quarter before. Largest holders: Jane Street Group, Llc, Susquehanna International Group, Llp and 1832 Asset Management L.P.. Largest new positions: Farallon Capital Management, L.L.C. ($4.5B), Oaktree Capital Management Lp ($1.0B) and Eschaton Opportunities Fund Management Lp ($1.0B).
Q2 2026 is the latest quarter whose 13F deadline has passed. A 13F shows long US stock positions at quarter end, filed up to 45 days later; an adviser and a sub-adviser can both report the same shares.
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 2,153 | $40.2B | 47,339,565 | 56 | 613 | 772 | 12.5% |
| Q2 2026 | 4,817 | $1.6T | 605,908,920 | 231 | 1,500 | 1,668 | 72.1% |
| Q1 2026 | 4,763 | $1.2T | 559,761,192 | 191 | 1,400 | 1,859 | 70.6% |
| Q4 2025 | 4,782 | $1.2T | 582,337,077 | 177 | 1,505 | 1,515 | 68.1% |
| Q3 2025 | 4,433 | $1.4T | 589,292,058 | 197 | 1,370 | 1,534 | 72.4% |
| Q2 2025 | 4,405 | $1.3T | 568,469,956 | 251 | 1,542 | 1,469 | 73.1% |
| Q1 2025 | 4,333 | $1.1T | 566,749,919 | 197 | 1,370 | 1,679 | 72.3% |
| Q4 2024 | 4,399 | $1.6T | 1,313,411,245 | 205 | 1,422 | 1,300 | 52.6% |
| Q3 2024 | 3,972 | $1.7T | 1,373,615,352 | 185 | 1,333 | 1,320 | 54.3% |
| Q2 2024 | 3,912 | $1.6T | 1,429,364,770 | 192 | 1,319 | 1,296 | 51.0% |
| Q1 2024 | 3,852 | $1.3T | 710,937,511 | 197 | 1,211 | 1,447 | 72.0% |
| Q4 2023 | 3,849 | $1.1T | 716,657,609 | 240 | 1,328 | 1,147 | 68.1% |
| Q3 2023 | 3,501 | $1.3T | 552,620,187 | 150 | 1,111 | 1,236 | 82.3% |
| Q2 2023 | 3,491 | $992.1B | 569,479,440 | 195 | 1,048 | 1,262 | 74.7% |
| Q1 2023 | 3,436 | $884.7B | 526,639,349 | 189 | 946 | 1,399 | 75.7% |
| Q4 2022 | 3,461 | $740.5B | 603,257,539 | 236 | 1,110 | 1,169 | 68.9% |
| Q3 2022 | 3,178 | $2.5T | 9,258,256,579 | 159 | 1,102 | 1,058 | 20.8% |
| Q2 2022 | 3,244 | $2.6T | 8,272,494,444 | 188 | 1,117 | 1,145 | 25.5% |
| Q1 2022 | 3,295 | $3.5T | 11,623,586,486 | 180 | 1,136 | 1,200 | 17.8% |
| Q4 2021 | 3,322 | $5.1T | 5,974,097,202 | 198 | 1,077 | 942 | 54.3% |
| Q3 2021 | 2,910 | $3.0T | 6,252,563,343 | 154 | 959 | 971 | 38.2% |
| Q2 2021 | 2,869 | $3.2T | 8,995,496,588 | 148 | 938 | 1,035 | 41.6% |
| Q1 2021 | 2,858 | $2.3T | 6,280,349,895 | 149 | 875 | 1,166 | 29.0% |
| Q4 2020 | 2,867 | $2.3T | 5,802,706,457 | 169 | 854 | 1,002 | 21.5% |
| Q3 2020 | 2,578 | $1.5T | 9,063,270,804 | 159 | 712 | 1,082 | 29.0% |
| Q2 2020 | 2,559 | $1.3T | 9,535,787,532 | 210 | 750 | 1,107 | 36.5% |
| Q1 2020 | 2,549 | $1.4T | 14,489,977,242 | 223 | 989 | 935 | 31.3% |
| Q4 2019 | 2,596 | $1.6T | 4,374,900,348 | 149 | 787 | 819 | 36.7% |
| Q3 2019 | 2,308 | $1.1T | 7,180,196,381 | 133 | 765 | 816 | 43.3% |
| Q2 2019 | 2,301 | $1.1T | 7,888,726,709 | 148 | 717 | 834 | 45.0% |
| Q1 2019 | 2,289 | $1.5T | 8,237,320,626 | 153 | 692 | 947 | 23.8% |
| Q4 2018 | 2,326 | $1.4T | 5,209,136,935 | 24 | 47 | 33 | 24.4% |