SELECT SECTOR SPDR TR

CUSIP: 81369y803 Class: COM

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (2)

WBI INVESTMENTS, INC.
Value ($000) $211 Shares 1,468
Tufton Capital Management
Value ($000) $0 Shares 2,906

Increased Positions (18)

Sequent Asset Management, LLC
Value ($000) $20,212 (+2.3%) Shares 140,391 (+100.2%)
FORBES J M & CO LLP
Value ($000) $25,166 (+2.2%) Shares 174,798 (+100.0%)
DUMONT & BLAKE INVESTMENT ADVISORS LLC
Value ($000) $6 (-99.9%) Shares 39,848 (+104.0%)
ELCO Management Co., LLC
Value ($000) $1,210 (+1.8%) Shares 8,406 (+99.3%)
Councilmark Asset Management, LLC
Value ($000) $999 (+2.2%) Shares 6,940 (+100.0%)
FERGUSON WELLMAN CAPITAL MANAGEMENT, INC
Value ($000) $12,207 (+2.3%) Shares 84,790 (+100.3%)
WEDGEWOOD INVESTORS INC /PA/
Value ($000) $213 (-1.2%) Shares 1,476 (+93.4%)
Brick & Kyle, Associates
Value ($000) $1 (+24.4%) Shares 5,413 (+143.6%)
Broadleaf Partners, LLC
Value ($000) $328 (+2.2%) Shares 2,280 (+100.0%)
COZAD ASSET MANAGEMENT INC
Value ($000) $727 (+2.2%) Shares 5,052 (+100.0%)
VAUGHAN DAVID INVESTMENTS LLC/IL
Value ($000) $4 (+10.8%) Shares 30,828 (+117.0%)
L & S Advisors Inc
Value ($000) $635 (-12.1%) Shares 4,410 (+72.1%)
FRANKLIN STREET ADVISORS INC /NC
Value ($000) $413 (+72.2%) Shares 2,866 (+237.2%)
EVERETT HARRIS & CO /CA/
Value ($000) $1,316 (+3.2%) Shares 9,144 (+102.1%)
Sageworth Trust Co
Value ($000) $358 (+38.3%) Shares 2,486 (+170.8%)
SlateStone Wealth, LLC
Value ($000) $1 (0.0%) Shares 3,800 (+95.7%)
DF DENT & CO INC
Value ($000) $275 (+2.2%) Shares 1,912 (+100.0%)
VESTOR CAPITAL, LLC
Value ($000) $0 (-4.0%) Shares 1,500 (+11.5%)

Decreased Positions (1)

SVB WEALTH LLC
Value ($000) $2,378 (-50.5%) Shares 16,520 (-3.0%)

Exited Positions (1)

SONATA CAPITAL GROUP INC
Value ($000) $3 Shares 11,545