SPHY · State Street(R) SPDR(R) Portfolio High Yield Bond ETF · Holdings ETF

$22.47 +0.04 (+0.16%)

Volume · Oct 21 132.99K Avg daily vol (3M) 6.32M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Institutional holdings are being reconciled with SEC filings. Holder totals and changes may be incomplete until reconciliation finishes.

Quarter:

Holders: 106

Total Value: $412,404,184

Total Shares: 18,256,053

Showing 1–100 of 106 holdings by value · page 1 of 2

Institutional Ownership Trend

27 quarters

Holder Concentration

Across 106 13F filers · Δ vs Jun 30, 2026

Top Holder

11.7%

+2.4 pts

Top 5

40.9%

+10.1 pts

Top 10

60.8%

+16.4 pts

HHI

483

Broadly held+193

Who Holds SPHY

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 560 filers, like-for-like change +14.7%; actively managed books +14.5%; index-like books +17.7%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	33.8%	391	+17.9%	50	23
Exempt adviser	0.0%	1	-5.8%	0	0
Adviser	4.3%	6	+34.4%	2	0
Bank	18.3%	19	+10.1%	1	0
Insurer	0.4%	1	0.0%	0	0
Broker-dealer	3.1%	1	+5.4%	0	0
Non-US	1.4%	4	+6.4%	0	0
Holding company	6.4%	8	+0.2%	0	0
Unknown	32.3%	129	+16.9%	15	13

Style	Share	Filers	Change	New	Exited
Index-like	5.7%	7	+17.7%	0	0
Systematic-like	0.2%	3	+772.0%	2	1
Concentrated	20.4%	193	+12.2%	24	11
Diversified active	73.7%	356	+15.0%	42	24
Unknown	0.0%	1	-3.1%	0	0
Not measured	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	80.3%	370	+10.4%	36	19
Medium turnover	17.2%	118	+30.8%	15	9
High turnover	1.2%	13	+617.0%	7	4
Unknown	1.3%	59	+10.3%	10	4
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	1.8%	56	+81.5%	13	4
Medium horizon	13.6%	150	+26.7%	18	13
Long horizon	83.8%	335	+12.1%	33	18
Unknown	0.8%	19	+22.2%	4	1
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	9.8%	263	+10.5%	39	22
$1B to $10B	25.6%	188	+34.6%	20	11
$10B to $100B	24.7%	69	+12.7%	5	2
$100B or more	39.9%	40	+6.8%	4	1
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	22.3%	342	+8.3%	43	22
Pooled investment vehicles	0.0%	0	-100.0%	0	1
Registered funds and BDCs	6.3%	14	+64.1%	3	0
Pension and profit sharing plans	0.7%	10	+15.4%	0	0
Insurance companies	1.7%	6	+13.2%	0	0
Charitable organizations	0.0%	2	+1269.0%	1	0
Governments and sovereign funds	1.9%	3	+20.9%	0	0
Corporations	0.0%	1	0.0%	0	0
Other investment advisers	0.1%	3	+372.2%	0	0
Other	0.4%	3	+31.9%	0	0
Diversified	0.2%	6	+109.7%	3	0
Banks and thrifts	0.0%	0	—	0	0
Unknown	66.2%	170	+13.2%	18	13

Private funds	Share	Filers	Change	New	Exited
Hedge funds	0.1%	11	+4.2%	3	1
Private equity funds	2.3%	14	-3.7%	2	0
Real estate funds	0.1%	5	+11.2%	1	1
Other private funds	0.8%	15	+32.0%	1	1
Mixed private funds	0.1%	3	+105.3%	0	0
Private funds, type not stated	0.2%	3	+1390.1%	1	2
No private funds	30.2%	340	+18.8%	42	17
Venture capital funds	0.0%	0	-100.0%	0	1
Securitized asset funds	0.0%	0	—	0	0
Unknown	66.2%	169	+13.2%	18	13

Location	Share	Filers	Change	New	Exited
United States	84.6%	539	+12.4%	67	36
Outside the US	15.4%	21	+29.1%	1	0

The Sep 30, 2026 filing window is still open, so its bar shows only the filers that have filed so far.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Excluded 9 holders with no observed 2026-03-31 13F and 12 holders with no observed 2026-06-30 13F.

Conviction and Crowding

560 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

281

50.2% of filers hold it in their top 10

Mar 31, 2026: 266

Holders above 5%

median weight 0.072%

Mar 31, 2026: 20

Crowding

—

shares outstanding is an issuer-wide count, not one listing's

Private-fund advisers

—

of shares outstanding

Institutional ownership

—

shares outstanding is an issuer-wide count, not one listing's

Top 10 holders

44.5%

of 13F shares, Herfindahl 0.029

Active holders

+14.5%

like-for-like share change of active filers

5% stakes on record

0 13D, 0 13G

How long holders have held it value-weighted 13.6 quarters

Under 1 year 14.0% 1 to 3 years 39.7% 3 years or more 46.3% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$23.43

estimated per share

Mar 31, 2026: $23.44

Quarter-end price

$23.44

implied by 13F values

Estimated gain or loss

0.0%

price against the estimated cost

Estimated at a loss

62.4%

of costed 13F value

Estimated cost covers 54.1% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Fund Ownership of SPHY by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 0 shares.

Fund type	Shares	Funds
Index funds	0	0
Index ETFs	0	0
Active ETFs	9,387,534	16
Active funds	11,548,933	12
Unclassified	76,680	1
All registered funds	21,013,147	29

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Quarterly Activity

vs Jun 30, 2026

New

Increased

Decreased

Sold Out

Unchanged

New and Sold Out count only filers that reported a 13F for both quarters: a first-time filer's book is not a buy, and a fund that has not filed, or withheld its positions under confidential treatment, has not sold.

Holder count: -456

Institutional value: -94.5%

Shares held: -94.3%

Top Buyers

vs Jun 30, 2026

Institution	Added	Now Holds
Mid Apella Capital, LLC	+335,724	2,138,787
Micro Strategic Financial Group, LLC	+131,397	295,560
Mid AlphaStar Capital Management, LLC	+110,119	1,017,372
Small Iowa State Bank	+99,435	1,535,008
Small MOLLER WEALTH PARTNERS	+94,983	487,810

Top Sellers

vs Jun 30, 2026

Institution	Sold	Now Holds
Small CORNERSTONE ENTERPRISES, LLC	−625,572	1,017,802
Small Onyx Bridge Wealth Group LLC	−327,002	168,551
Small Wealth Forward, LLC	−127,419	106,896
Mid Atria Investments, Inc	−33,528	33,228
Large Concurrent Investment Advisors, LLC	−29,310	238,042

Top New Positions

vs Jun 30, 2026

Institution	Acquired	Value (USD)
Small MLG Wealth Management DBA Pine Grove Financial Group	11,301	$255,289
Small Attessa Capital LLC	9,472	$213,972
Mid YHB Investment Advisors, Inc.	9,412	$212,617
Mid Y-Intercept (Hong Kong) Ltd	8,883	$200,666
Small Breakwater Investment Management	8,428	$190,388

Top Sold-Out Positions

vs Jun 30, 2026

Institution	Previously Held	Last Value (USD)
Small Tempus Wealth Planning, LLC	52,438	$1,229,146
Small HERITAGE OAK WEALTH ADVISORS LLC	48,856	$1,145,184
Small Summit Financial Wealth Advisors, LLC	9,300	$217,992
Small FINANCIAL LIFE ADVISORS	8,727	$204,560
Mid AdvisorNet Financial, Inc	6,398	$149,969

Filter: New 6 Increased 57 Reduced 34 Sold out 6 Unchanged 7

Holder type: Registered adviser 74 Exempt adviser 1 Unknown 31

Showing 100 of 106

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Apella Capital, LLC SPHY

$48,315,198

11.72%

2,138,787

Iowa State Bank SPHY

$34,675,830

8.41%

1,535,008

Diversify Advisory Services, LLC SPHY

$31,248,046

7.58%

1,383,269

DIVERSIFY WEALTH MANAGEMENT, LLC SPHY

$31,248,046

7.58%

1,383,269

CORNERSTONE ENTERPRISES, LLC SPHY

$22,992,147

5.58%

1,017,802

AlphaStar Capital Management, LLC SPHY

$22,982,433

5.57%

1,017,372

Asset Allocation & Management Company, LLC SPHY

$18,173,677

4.41%

804,501

Financial Futures Ltd Liability Co. SPHY

$14,874,566

3.61%

658,458

Farther Finance Advisors, LLC SPHY

$14,519,135

3.52%

642,724

Syntegra Private Wealth Group, LLC SPHY

$11,805,398

2.86%

522,594

MOLLER WEALTH PARTNERS SPHY

$11,019,627

2.67%

487,810

Sound Income Strategies, LLC SPHY

$8,393,766

2.04%

371,570

STACKSTONE WEALTH, LLC SPHY

$7,676,443

1.86%

339,816

Central Pacific Bank - Trust Division SPHY

$7,114,946

1.73%

314,960

SigFig Wealth Management, LLC SPHY

$6,857,759

1.66%

303,575

Maia Wealth LLC SPHY

$6,807,970

1.65%

301,371

Strategic Financial Group, LLC SPHY

$6,676,700

1.62%

295,560

HF Advisory Group, LLC SPHY

$6,311,804

1.53%

279,407

Concurrent Investment Advisors, LLC SPHY

$5,377,368

1.30%

238,042

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC SPHY

$4,784,855

1.16%

211,813

Retirement Planning Group, LLC SPHY

$4,764,773

1.16%

210,924

IFP Advisors, Inc SPHY

$4,542,645

1.10%

201,091

Hobart Private Capital, LLC SPHY

$4,352,121

1.06%

192,657

Diversified Enterprises, LLC SPHY

$4,340,284

1.05%

192,133

VERUS WEALTH MANAGEMENT, LLC SPHY

$4,191,258

1.02%

185,536

Onyx Bridge Wealth Group LLC SPHY

$3,807,567

0.92%

168,551

Meriwether Wealth & Planning, LLC SPHY

$3,707,199

0.90%

164,108

Great Diamond Partners, LLC SPHY

$3,587,404

0.87%

158,805

BRIGHTON SECURITIES CORP. SPHY

$3,363,018

0.82%

148,872

Ironwood Financial, llc SPHY

$3,271,800

0.79%

144,834

Fiduciary Alliance LLC SPHY

$2,811,461

0.68%

124,456

Veery Capital, LLC SPHY

$2,798,516

0.68%

123,883

Sound Stewardship, LLC SPHY

$2,430,367

0.59%

107,586

Wealth Forward, LLC SPHY

$2,414,780

0.59%

106,896

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Prairiewood Capital, LLC	106,896	$2,414,780	100.0%	Other

Elm3 Financial Group, LLC SPHY

$2,353,742

0.57%

104,194

Martel Wealth Advisors LLC SPHY

$2,248,495

0.55%

99,535

LVZ, Inc. SPHY

$2,238,284

0.54%

99,083

Kathmere Capital Management, LLC SPHY

$2,041,029

0.49%

90,351

Three Arch Wealth Management LLC SPHY

$1,954,577

0.47%

86,524

SHEETS SMITH WEALTH MANAGEMENT SPHY

$1,798,051

0.44%

79,595

Aurora Private Wealth, Inc. SPHY

$1,674,099

0.41%

74,108

Exchange Bank SPHY

$1,322,983

0.32%

58,565

Stewardship Advisors, LLC SPHY

$1,207,367

0.29%

53,447

Center For Asset Management LLC SPHY

$1,194,378

0.29%

52,872

INDEPENDENT FINANCIAL GROUP, LLC SPHY

$1,087,392

0.26%

48,136

TENET WEALTH PARTNERS, LLC SPHY

$1,072,369

0.26%

47,471

WINEBRENNER CAPITAL MANAGEMENT LLC SPHY

$953,591

0.23%

42,213

Sowell Financial Services LLC SPHY

$899,759

0.22%

39,830

NOVEM GROUP SPHY

$852,320

0.21%

37,730

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
ASSETMARK, INC	175	$3,953	0.5%	Defined
Held directly	37,555	$848,367	99.5%	Sole

ARMSTRONG ADVISORY GROUP, INC SPHY

$775,492

0.19%

34,329

ACUTE INVESTMENT ADVISORY, LLC SPHY

$767,111

0.19%

33,958

Atria Investments, Inc SPHY

$750,620

0.18%

33,228

TMB Capital Partners, LLC SPHY

$734,988

0.18%

32,536

Revisor Wealth Management LLC SPHY

$699,408

0.17%

30,961

Independent Wealth Network Inc. SPHY

$679,552

0.16%

30,082

General Partner, Inc. SPHY

$587,340

0.14%

26,000

Investment Research & Advisory Group, Inc. SPHY

$574,373

0.14%

25,426

Hennion & Walsh Asset Management, Inc. SPHY

$558,605

0.14%

24,728

DAVENPORT & Co LLC SPHY

$553,997

0.13%

24,524

Walser Wealth Management Company, A Ltd Liability Co SPHY

$532,288

0.13%

23,563

Fermata Advisors, LLC SPHY

$516,271

0.13%

22,854

WealthPlan Investment Management, LLC SPHY

$494,945

0.12%

21,910

Avior Wealth Management, LLC SPHY

$451,461

0.11%

19,985

INSTRUMENTAL WEALTH, LLC SPHY

$430,768

0.10%

19,069

BROWN WEALTH MANAGEMENT, LLC SPHY

$428,464

0.10%

18,967

Acorn Wealth Advisors, LLC SPHY

$415,994

0.10%

18,415

Private Wealth Group, LLC SPHY

$410,708

0.10%

18,181

Dynamic Advisor Solutions LLC SPHY

$410,415

0.10%

18,168

LexAurum Advisors, LLC SPHY

$371,018

0.09%

16,424

USA FINANCIAL FORMULAS SPHY

$350,913

0.09%

15,534

Hegarty Advisors, LLC SPHY

$328,368

0.08%

14,536

Signal Advisors Wealth, LLC SPHY

$311,086

0.08%

13,771

XY Planning Network, Inc. SPHY

$297,871

0.07%

13,186

Triumph Capital Management SPHY

$294,799

0.07%

13,050

PHILLIPS FINANCIAL MANAGEMENT, LLC SPHY

$290,326

0.07%

12,852

Patriot Financial Group Insurance Agency, LLC SPHY

$263,941

0.06%

11,684

WESTCO ADVISORY SERVICES INC /ADV SPHY

$262,992

0.06%

11,642

LAUREL OAK WEALTH MANAGEMENT, LLC SPHY

$262,382

0.06%

11,615

MLG Wealth Management DBA Pine Grove Financial Group SPHY

$255,289

0.06%

11,301

PMG Family Office LLC SPHY

$249,077

0.06%

11,026

KWB Wealth SPHY

$235,591

0.06%

10,429

Balefire, LLC SPHY

$219,394

0.05%

9,712

Legacy Financial Strategies, LLC SPHY

$217,112

0.05%

9,611

Attessa Capital LLC SPHY

$213,972

0.05%

9,472

YHB Investment Advisors, Inc. SPHY

$212,617

0.05%

9,412

Box Hill Private Wealth LLC SPHY

$210,651

0.05%

9,325

Scott Capital Advisors, LLC SPHY

$209,612

0.05%

9,279

Y-Intercept (Hong Kong) Ltd SPHY

$200,666

0.05%

8,883

Breakwater Investment Management SPHY

$190,388

0.05%

8,428

AMERICAN NATIONAL BANK & TRUST SPHY

$180,720

0.04%

8,000

Cape Investment Advisory, Inc. SPHY

$154,853

0.04%

6,855

Realta Investment Advisors SPHY

$129,372

0.03%

5,727

CoreCap Advisors, LLC SPHY

$128,175

0.03%

5,674

BROWN, LISLE/CUMMINGS, INC. SPHY

$90,698

0.02%

4,015

GK Wealth Management LLC SPHY

$87,107

0.02%

3,856

Activest Wealth Management SPHY

$72,288

0.02%

3,200

TD Waterhouse Canada Inc. SPHY

$41,655

0.01%

1,844

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TORONTO DOMINION BANK	1,844	$41,655	100.0%	Defined

PRIVATE TRUST CO NA SPHY

$33,817

0.01%

1,497

NFSG Corp SPHY

$30,135

0.01%

1,334

CX Institutional SPHY

$24,080

0.01%

1,066

Showing the top 100 of 106 holders. Create a free account to see every holder, past quarters, search, filters and CSV export.