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SPDR S&P 500 ETF Trust

SPY
Exchange
NYSE
SEC CIK
0000884394

No open-market purchases or sales by SPDR S&P 500 ETF Trust insiders were filed in the last 90 days; 4,668 institutions reported holding it in 13F filings for Q2 2026, worth $448.3B in total; 4 superinvestors hold it, including Soros Fund Management and Giverny Capital.

13F holders, Q4 2025

Institutional positions in SPDR S&P 500 ETF Trust as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
4,645
+457 vs. Q3 2025
Shares held
555.3M
+20.2M (+3.8%) vs. Q3 2025
Total value
$374.7B
+$20.0B (+5.7%) vs. Q3 2025
New holders
555
1,771 more added
Sold out
98
1,715 more reduced

76 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting SPY on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 4,645 institutions
Q1 2021: 2,734 institutionsQ2 2021: 2,744 institutionsQ3 2021: 2,758 institutionsQ4 2021: 3,181 institutionsQ1 2022: 3,144 institutionsQ2 2022: 3,099 institutionsQ3 2022: 3,059 institutionsQ4 2022: 3,310 institutionsQ1 2023: 3,268 institutionsQ2 2023: 3,310 institutionsQ3 2023: 3,329 institutionsQ4 2023: 3,694 institutionsQ1 2024: 3,705 institutionsQ2 2024: 3,766 institutionsQ3 2024: 3,807 institutionsQ4 2024: 4,242 institutionsQ1 2025: 4,189 institutionsQ2 2025: 4,245 institutionsQ3 2025: 4,264 institutionsQ4 2025: 4,645 institutionsQ1 2026: 4,599 institutionsQ2 2026: 4,668 institutions
Value heldQ4 2025: $374.7B
Q1 2021: $225.0BQ2 2021: $231.3BQ3 2021: $245.4BQ4 2021: $290.9BQ1 2022: $258.8BQ2 2022: $207.3BQ3 2022: $200.9BQ4 2022: $207.8BQ1 2023: $214.8BQ2 2023: $249.1BQ3 2023: $230.9BQ4 2023: $295.1BQ1 2024: $304.2BQ2 2024: $299.6BQ3 2024: $328.5BQ4 2024: $342.5BQ1 2025: $313.6BQ2 2025: $343.0BQ3 2025: $357.7BQ4 2025: $374.7BQ1 2026: $356.9BQ2 2026: $448.3B
Institutions holding SPY and their total value by quarter
QuarterHoldersValue
Q2 20264,668$448.3B
Q1 20264,599$356.9B
Q4 20254,645$374.7B
Q3 20254,264$357.7B
Q2 20254,245$343.0B
Q1 20254,189$313.6B
Q4 20244,242$342.5B
Q3 20243,807$328.5B
Q2 20243,766$299.6B
Q1 20243,705$304.2B
Q4 20233,694$295.1B
Q3 20233,329$230.9B
Q2 20233,310$249.1B
Q1 20233,268$214.8B
Q4 20223,310$207.8B
Q3 20223,059$200.9B
Q2 20223,099$207.3B
Q1 20223,144$258.8B
Q4 20213,181$290.9B
Q3 20212,758$245.4B
Q2 20212,744$231.3B
Q1 20212,734$225.0B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding SPDR S&P 500 ETF Trust; share changes are against Q3 2025.

Institutions holding SPY in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
JPMorgan Chase & Co44,560,422$30.4B2.05%−5,092,100−10.3%Reduced
Goldman Sachs Group Inc33,086,454$22.6B3.21%−3,099,718−8.6%Reduced
Bank of America Corp30,803,699$21.0B1.53%−241,479−0.8%Reduced
Morgan Stanley29,324,506$20.0B1.19%−11,330,026−27.9%Reduced
Wells Fargo & Company21,047,116$14.4B2.81%+10,739,731+104.2%Added
Northern Trust Corp13,797,929$9.41B1.20%−36,159−0.3%Reduced
UBS Group AG10,847,487$7.40B1.46%+1,857,909+20.7%Added
LPL Financial LLC10,170,761$6.94B1.90%+229,013+2.3%Added
Susquehanna International Group, LLP10,013,047$6.83B9.38%−3,074,637−23.5%Reduced
Jane Street Group, LLC9,972,192$6.80B8.06%+8,215,464+467.7%Added
Royal Bank of Canada8,912,804$6.08B1.07%−1,661,723−15.7%Reduced
Citigroup Inc8,498,744$5.80B3.95%+5,077,377+148.4%Added
HRT Financial LP7,154,420$4.88B15.40%−1,270,224−15.1%Reduced
Bank of Montreal7,078,362$4.83B1.97%+492,476+7.5%Added
Gotham Asset Management, LLC6,727,201$4.59B16.75%+1,108,920+19.7%Added
Northwestern Mutual Wealth Management Co5,951,990$4.06B2.57%+38,624+0.7%Added
Capula Management Ltd5,662,177$3.86B25.06%+2,609,063+85.5%Added
D. E. Shaw & Co., Inc.5,446,550$3.71B2.82%+2,120,047+63.7%Added
Raymond James Financial Inc5,166,926$3.52B1.10%+545,665+11.8%Added
Barclays PLC4,937,976$3.37B1.35%−669,711−11.9%Reduced
Bridgewater Associates, LP4,455,413$3.04B11.08%+1,890,325+73.7%Added
FMR LLC4,251,971$2.90B0.15%+278,330+7.0%Added
US Bancorp4,243,742$2.89B3.39%−63,797−1.5%Reduced
The PNC Financial Services Group, Inc.4,065,809$2.77B1.51%+16,409+0.4%Added
Healthcare of Ontario Pension Plan Trust Fund3,752,537$2.56B4.33%−75,510−2.0%Reduced
Millennium Management LLC3,647,038$2.49B1.79%+2,097,639+135.4%Added
Cresset Asset Management, LLC3,613,140$2.47B10.50%+198,305+5.8%Added
Lido Advisors, LLC3,448,432$2.31B9.09%+117,542+3.5%Added
Banco Bilbao Vizcaya Argentaria, S.A.3,186,896$2.18B15.22%+286,508+9.9%Added
Mackenzie Financial Corp3,139,015$2.15B2.55%+50,104+1.6%Added
Ameriprise Financial Inc3,147,484$2.15B0.49%−16,628−0.5%Reduced
Truist Financial Corp3,128,634$2.13B2.85%−60,457−1.9%Reduced
Creative Planning3,014,752$2.06B1.47%+30,103+1.0%Added
Rockefeller Capital Management L.P.2,836,810$1.93B3.48%+182,159+6.9%Added
TD Asset Management Inc2,772,002$1.89B1.52%+95,659+3.6%Added
Bank of New York Mellon Corp2,742,379$1.87B0.33%−7,758−0.3%Reduced
BNP Paribas Arbitrage, SA2,669,240$1.82B1.15%+581,158+27.8%Added
National Mutual Insurance Federation of Agricultural Cooperatives2,617,832$1.79B13.09%00.0%Unchanged
Envestnet Asset Management Inc2,472,999$1.69B0.50%−144,891−5.5%Reduced
Colony Group, LLC2,853,451$1.60B1.83%+390,597+15.9%Added
Pathstone Holdings, LLC2,217,428$1.51B5.83%+4,553+0.2%Added
Citadel Advisors LLC2,162,048$1.47B1.00%+968,434+81.1%Added
Cerity Partners LLC2,062,749$1.41B2.05%−124,018−5.7%Reduced
Canada Pension Plan Investment Board2,062,000$1.41B0.94%−175,000−7.8%Reduced
Sanders Capital, LLC2,050,638$1.40B1.61%+346,738+20.3%Added
HighTower Advisors, LLC2,007,450$1.37B1.50%−14,729−0.7%Reduced
Schonfeld Strategic Advisors LLC1,988,120$1.36B6.82%+32,472+1.7%Added
Clal Insurance Enterprises Holdings Ltd1,981,811$1.36B8.74%+675,033+51.7%Added
BlackRock, Inc.1,961,635$1.34B0.02%+250,934+14.7%Added
Cetera Investment Advisers1,831,243$1.25B1.36%+68,798+3.9%Added
Commonwealth Equity Services, LLC1,736,693$1.18B1.58%−99,007−5.4%Reduced
Stifel Financial Corp1,677,864$1.14B1.03%+24,430+1.5%Added
State Street Corp1,664,891$1.14B0.04%−79,430−4.6%Reduced
Optiver Holding B.V.1,597,206$1.09B19.71%−1,663,472−51.0%Reduced
CI Private Wealth, LLC1,578,493$1.07B1.46%+76,054+5.1%Added
Bank Julius Baer & Co. Ltd, Zurich1,519,204$1.04B2.86%+106,807+7.6%Added
Mariner, LLC1,509,172$1.03B1.23%+81,243+5.7%Added
Mizuho Securities USA LLC1,387,834$947.5M15.66%+1,136,665+452.5%Added
Meitav Dash Investments Ltd1,369,203$933.6M11.20%+44,721+3.4%Added
Advisor Group Holdings, Inc.1,331,712$909.2M1.33%−37,214−2.7%Reduced
Power Alpha Investment Ltd1,314,441$896.3M92.14%+1,314,441New
Verition Fund Management LLC1,267,366$864.2M4.67%+844,797+199.9%Added
Norinchukin Bank, The1,233,000$840.8M9.80%00.0%Unchanged
Manufacturers Life Insurance Company, The1,224,092$834.7M0.69%−2,886−0.2%Reduced
Trust Asset Management LLC1,211,945$826.4M56.37%00.0%Unchanged
Trustees of Columbia University in the City of New York1,211,897$826.4M99.60%+231,301+23.6%Added
Jefferies Financial Group Inc.1,168,090$796.5M6.53%+78,551+7.2%Added
Ieq Capital, LLC1,146,278$781.7M2.34%+57,146+5.2%Added
Cohen Klingenstein LLC1,124,873$767.1M23.31%−12,190−1.1%Reduced
Pure Financial Advisors, Inc.1,095,116$746.8M11.03%+60,413+5.8%Added
Swan Global Investments, LLC1,087,712$741.7M35.15%−123,205−10.2%Reduced
Texas Treasury Safekeeping Trust Co1,062,013$724.2M94.32%+59,839+6.0%Added
BBR Partners, LLC1,045,576$713.0M38.26%+27,929+2.7%Added
Greenfield FTC, Inc.1,011,584$689.8M90.72%+329,032+48.2%Added
Hirtle Callaghan & Co LLC1,010,567$689.1M23.46%−25,958−2.5%Reduced
Analyst IMS Investment Management Services Ltd.961,621$655.7M19.12%−300,371−23.8%Reduced
Alliancebernstein L.P.949,167$647.3M0.20%−82,573−8.0%Reduced
Franklin Resources Inc944,510$644.1M0.16%+112,756+13.6%Added
Natixis938,876$640.2M2.51%−215,508−18.7%Reduced
Allstate Corp937,703$639.4M8.73%+503,310+115.9%Added
Valeo Financial Advisors, LLC931,512$635.2M14.13%−9,154−1.0%Reduced
Alphadyne Asset Management LP929,762$634.0M63.39%+853,271+1,115.5%Added
MAI Capital Management928,129$632.9M3.66%+126,465+15.8%Added
Brown Advisory Inc919,437$627.0M0.87%+170,031+22.7%Added
State of Michigan Retirement System879,840$600.0M2.92%−351,900−28.6%Reduced
Jones Financial Companies LLLP874,716$596.5M0.36%+60,049+7.4%Added
Blair William & Co857,803$585.0M1.57%−1,541−0.2%Reduced
JPB Foundation847,400$577.9M73.28%−150,600−15.1%Reduced
Circle Wealth Management, LLC828,824$565.2M8.71%+104,145+14.4%Added
Pine Ridge Advisers LLC823,461$561.5M38.70%+30.0%Added
Common Fund for Nonprofit Organizations814,345$555.3M45.10%−29,410−3.5%Reduced
Captrust Financial Advisors797,143$543.6M1.03%+52,870+7.1%Added
Prudential Financial Inc784,135$534.7M0.65%−2,560−0.3%Reduced
Glenmede Trust Co NA773,333$527.4M2.50%+773,333New
United Capital Financial Advisers, LLC762,991$520.3M3.14%+679,882+818.1%Added
Sumitomo Mitsui Financial Group, Inc.753,512$517.0M9.26%−132,860−15.0%Reduced
Journey Strategic Wealth LLC731,788$499.0M13.11%−2,144−0.3%Reduced
MML Investors Services, LLC730,587$498.2M1.21%+27,224+3.9%Added
Concentric Capital Strategies, LP724,488$494.0M25.58%−8,366−1.1%Reduced
Bank of Nova Scotia720,686$491.5M0.73%−594,340−45.2%Reduced