SPDR SER TR

Ticker: QUS CUSIP: 78468R812 Class: MSCI USA STRTGIC

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
Focus Partners Wealth2,032,514$353,496
Tolleson Wealth Management, Inc.544,403$94,827
SFMG, LLC527,047$91,804
BANK OF AMERICA CORP /DE/389,108$67,777
LPL Financial LLC333,050$58,012
Perennial Investment Advisors, LLC298,342$51,967
Private Advisor Group, LLC290,426$50,588
AMERIPRISE FINANCIAL INC198,430$34,583
ENVESTNET ASSET MANAGEMENT INC196,801$34,280
Garrett Wealth Advisory Group, LLC178,546$31,100
Sage Mountain Advisors LLC169,798$29,576
MORGAN STANLEY164,826$28,710
Howard Capital Management Inc.119,933$20,890
BIP Wealth, LLC108,545$18,907
Great Point Wealth Advisors, LLC85,095$14,822
Presper Financial Architects, LLC79,528$13,853
Continuum Advisory, LLC72,311$12,596
Paul R. Ried Financial Group, LLC70,861$12,343
ROYAL BANK OF CANADA68,329$11,902
American Money Management, LLC67,674$11,788
Eagle Strategies LLC60,602$10,556
Marotta Asset Management57,571$10,028
Goodman Advisory Group, LLC56,311$9,808
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC49,850$8,819
Cambridge Investment Research Advisors, Inc.46,538$8
Hughes Financial Services, LLC43,886$7,644
AlTi Global, Inc.39,723$6,919
ARQ WEALTH ADVISORS, LLC39,018$6,796
Sharkey, Howes & Javer38,516$6,709
VISTA INVESTMENT MANAGEMENT38,251$6,663
NewEdge Advisors, LLC36,532$6,363
RAYMOND JAMES FINANCIAL INC35,931$6,259
FIRST HAWAIIAN BANK33,356$5,810
Quantinno Capital Management LP28,798$5,016
Cerity Partners LLC28,420$4,950
PARSONS CAPITAL MANAGEMENT INC/RI27,624$4,812
Integrity Wealth Solutions LLC27,193$4,737
CreativeOne Wealth, LLC25,608$4,461
Elevation Capital Advisory, LLC22,608$3,938
COMMONWEALTH EQUITY SERVICES, LLC21,462$3,738
Essex Financial Services, Inc.19,967$3,478
Kestra Advisory Services, LLC17,690$3,081
FLAGSHIP HARBOR ADVISORS, LLC16,149$2,813
Versant Capital Management, Inc16,061$2,798
HARBOR INVESTMENT ADVISORY, LLC13,369$2,329
Warner Group LLC13,021$2,268
LBMC INVESTMENT ADVISORS, LLC12,449$2,168
Strategic Financial Partners, Ltd.11,843$2,063
SILVER OAK SECURITIES, INCORPORATED11,137$1,954
McAdam, LLC11,077$1,929
Princeton Global Asset Management LLC11,073$1,929
GOLDMAN SACHS GROUP INC10,957$1,909
Allred Capital Management, LLC10,777$1,877
Goldstein Advisors, LLC10,770$1,876
Cetera Investment Advisers10,385$1,809
TWO SIGMA INVESTMENTS, LP8,900$1,550
Riverpoint Wealth Management Holdings, LLC8,771$1,528
SENTINEL PENSION ADVISORS INC8,770$1,528
LEVEL FOUR ADVISORY SERVICES, LLC8,732$1,521
Selby Wealth Management, LLC8,588$1,496
Stratos Wealth Partners, LTD.7,901$1,376
IFP Advisors, Inc7,552$1,315
NorthRock Partners, LLC7,531$1,312
Cornerstone Wealth Management, LLC7,364$1,283
MERCER GLOBAL ADVISORS INC /ADV7,355$1,281
OLD MISSION CAPITAL LLC6,978$1,215
HENGEHOLD CAPITAL MANAGEMENT LLC6,397$1,114
SHEETS SMITH WEALTH MANAGEMENT6,322$1,101
Wilkins Miller Wealth Management, LLC6,314$1,100
O'SHAUGHNESSY ASSET MANAGEMENT, LLC5,898$1,027
Compound Planning, Inc.5,546$966
1620 INVESTMENT ADVISORS, INC.5,395$940
Detalus Advisors, LLC4,924$858
NAPLES GLOBAL ADVISORS, LLC4,825$840
KING LUTHER CAPITAL MANAGEMENT CORP4,534$790
VICUS CAPITAL4,359$759
Apollon Financial, LLC4,350$758
ROCKLAND TRUST CO3,882$676
Spinnaker Investment Group, LLC3,856$672
NWAM LLC3,792$674
GILPIN WEALTH MANAGEMENT, LLC3,656$637
GeoWealth Management, LLC3,634$633
Aptus Capital Advisors, LLC3,596$626
Financial Guidance Group, Inc.3,596$626
VestGen Advisors, LLC3,509$611
PRIVATE TRUST CO NA3,496$609
CULLEN/FROST BANKERS, INC.3,483$607
Valtinson Bruner Financial Planning LLC3,452$601
Corient Private Wealth LLC3,403$593
Opulen Financial Group LLC3,384$589
JPMORGAN CHASE & CO3,333$581
Avant Capital LLC3,316$578
FMR LLC3,159$550
Royal Fund Management, LLC3,069$534
Sanctuary Advisors, LLC3,029$528
OSAIC HOLDINGS, INC.2,946$513
Lido Advisors, LLC2,838$489
SK Wealth Management, LLC2,799$498
True North Advisors, LLC2,593$452
Ameritas Advisory Services, LLC2,592$451
76 other institutions89,875$15,590
Total (176 institutions)7,263,684$1,256,711