SELECT SECTOR SPDR TR

CUSIP: 81369y704 Class: COM

Holders for Q4 2025 Position Changes for Q4 2025

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

Increased Positions (1)

VAUGHAN DAVID INVESTMENTS LLC/IL
Value ($000) $4 (+26.7%) Shares 22,634 (+26.0%)

Decreased Positions (3)

VESTOR CAPITAL, LLC
Value ($000) $5 (-0.3%) Shares 3,947 (-88.8%)
CHARTIST INC /CA/
Value ($000) $780 (-0.8%) Shares 5,026 (-1.4%)
L & S Advisors Inc
Value ($000) $293 (-1.8%) Shares 1,888 (-2.3%)