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Institutional Ownership · SEC Form 13F

Who owns State Street(R) SPDR(R) S&P(R) Dividend ETF (SDY)


Which tracked institutional funds hold SDY, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SDY company fundamentals →

Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

1,197
Institutional holders
62M
Shares held (tracked funds)

How the tape is positioned

188 tracked funds added or opened SDY while 86 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

SDY’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes SDY more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in SDY divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2026-Q1 and 2026-Q2, across 1197 tracked filers holding SDY, 433 increased or opened the position and 539 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in SDY between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 24

  • COLDSTREAM CAPITAL MANAGEMENT INC$94M
  • Jupiter Topco LLC$77M
  • JUNCTURE WEALTH STRATEGIES, LLC$7M
  • BRIGHTON JONES LLC$4M
  • CANANDAIGUA NATIONAL BANK & TRUST CO$4M
  • Global Retirement Partners, LLC$2M

Full exits 49

  • Richard Bernstein Advisors LLC$166M
  • Janney Montgomery Scott LLC$84M
  • HighTower Advisors, LLC$70M
  • Cambridge Investment Research Advisors, Inc.$31M
  • Capital Advisors, Ltd. LLC$21M
  • Baltimore-Washington Financial Advisors, Inc.$18M

Largest adds

  • AlphaCore Capital LLC$56M
  • MORGAN STANLEY$39M
  • Modern Wealth Management, LLC$28M
  • WELLS FARGO & COMPANY/MN$26M
  • LPL Financial LLC$25M
  • Joel Isaacson & Co., LLC$25M

Largest trims

  • Flaharty Asset Management, LLC$26M
  • BNP PARIBAS FINANCIAL MARKETS$15M
  • Mariner, LLC$13M
  • CIBC WORLD MARKET INC.$9M
  • TD Waterhouse Canada Inc.$8M
  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$5M

Institutional holders

One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.

FundSharesReported value% of valueQuarter
BANK OF AMERICA CORP /DE/ trimmed7,153,445$1.1B13.6%2026-Q2
MORGAN STANLEY added4,906,331$747M9.3%2026-Q2
LPL Financial LLC added3,040,750$463M5.8%2026-Q2
RAYMOND JAMES FINANCIAL INC trimmed2,990,179$455M5.7%2026-Q2
Joel Isaacson & Co., LLC added2,894,421$440M5.5%2026-Q2
WELLS FARGO & COMPANY/MN added2,281,758$347M4.3%2026-Q2
ROYAL BANK OF CANADA added2,039,089$310M3.9%2026-Q2
UBS Group AG added1,674,173$255M3.2%2026-Q2
JPMORGAN CHASE & CO trimmed1,380,453$211M2.6%2026-Q2
AMERIPRISE FINANCIAL INC trimmed1,292,475$197M2.5%2026-Q2
ENVESTNET ASSET MANAGEMENT INC added1,111,642$169M2.1%2026-Q2
MAI Capital Management added1,002,472$153M1.9%2026-Q2
Bank of New York Mellon Corp trimmed910,494$139M1.7%2026-Q2
COMMONWEALTH EQUITY SERVICES, LLC trimmed873,659$133M1.7%2026-Q2
Pathstone Holdings, LLC added793,377$121M1.5%2026-Q2
Cetera Investment Advisers added750,297$114M1.4%2026-Q2
TRUIST FINANCIAL CORP trimmed689,697$105M1.3%2026-Q2
Destination Wealth Management added635,081$97M1.2%2026-Q2
COLDSTREAM CAPITAL MANAGEMENT INC added618,230$94M1.2%2026-Q2
STIFEL FINANCIAL CORP added587,808$89M1.1%2026-Q2
OSAIC HOLDINGS, INC. added552,440$84M1.1%2026-Q2
JONES FINANCIAL COMPANIES LLLP added536,116$82M1.0%2026-Q2
Jupiter Topco LLC new502,815$77M1.0%2026-Q2
Capital Investment Advisors, LLC trimmed491,556$75M0.9%2026-Q2
PNC Financial Services Group, Inc. trimmed450,216$69M0.9%2026-Q2
1ST SOURCE BANK trimmed424,880$65M0.8%2026-Q2
Creative Planning trimmed423,949$65M0.8%2026-Q2
MML INVESTORS SERVICES, LLC added414,516$63M0.8%2026-Q2
J.Safra Asset Management Corp added378,030$58M0.7%2026-Q2
Elk River Wealth Management LLC trimmed371,018$56M0.7%2026-Q2
AlphaCore Capital LLC added368,674$56M0.7%2026-Q2
Legacy Financial Group LLC added353,819$54M0.7%2026-Q2
GOLDMAN SACHS GROUP INC trimmed321,826$49M0.6%2026-Q2
BENJAMIN EDWARDS INC added286,769$44M0.5%2026-Q2
MARINO, STRAM & ASSOCIATES LLC added279,804$43M0.5%2026-Q2
Clearstead Advisors, LLC trimmed279,710$43M0.5%2026-Q2
Baird Financial Group, Inc. added272,798$42M0.5%2026-Q2
Kestra Advisory Services, LLC added267,979$41M0.5%2026-Q2
Wolff Financial Management LLC added263,340$40M0.5%2026-Q2
MONETA GROUP INVESTMENT ADVISORS LLC trimmed261,650$40M0.5%2026-Q2
Rockefeller Capital Management L.P. trimmed258,404$39M0.5%2026-Q2
Linscomb Wealth, Inc. trimmed242,037$37M0.5%2026-Q2
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added224,206$35M0.4%2026-Q2
Steward Partners Investment Advisory, LLC trimmed211,188$32M0.4%2026-Q2
Mariner, LLC trimmed204,288$31M0.4%2026-Q2
Modern Wealth Management, LLC added187,544$29M0.4%2026-Q2
Klingman & Associates, LLC trimmed187,332$29M0.4%2026-Q2
NWF Advisory Services Inc. added183,880$28M0.4%2026-Q2
Graves Light Lenhart Wealth, Inc. trimmed181,578$28M0.3%2026-Q2
UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed175,487$27M0.3%2026-Q2
Private Advisor Group, LLC added173,016$26M0.3%2026-Q2
Savant Capital, LLC added171,541$26M0.3%2026-Q2
Jackson, Grant Investment Advisers, Inc. trimmed170,164$26M0.3%2026-Q2
Orion Porfolio Solutions, LLC added153,614$23M0.3%2026-Q2
Regent Peak Wealth Advisors LLC added153,565$23M0.3%2026-Q2
Focus Partners Wealth added150,144$23M0.3%2026-Q2
Equitable Holdings, Inc. added150,033$23M0.3%2026-Q2
MERCER GLOBAL ADVISORS INC /ADV added150,025$23M0.3%2026-Q2
SCOTIA CAPITAL INC. trimmed146,817$22M0.3%2026-Q2
CAPTRUST FINANCIAL ADVISORS trimmed143,320$22M0.3%2026-Q2
BANK OF MONTREAL /CAN/ trimmed142,939$22M0.3%2026-Q2
FMR LLC added136,072$21M0.3%2026-Q2
CONFLUENCE INVESTMENT MANAGEMENT LLC added132,295$20M0.3%2026-Q2
TigerOak Management, L.L.C. added124,183$19M0.2%2026-Q2
Sanctuary Advisors, LLC added117,924$18M0.2%2026-Q2
Midwest Trust Co added112,374$17M0.2%2026-Q2
FIFTH THIRD BANCORP trimmed112,373$17M0.2%2026-Q2
Mesirow Financial Investment Management, Inc. trimmed109,968$17M0.2%2026-Q2
UMB Bank, n.a. added109,855$17M0.2%2026-Q2
BOKF, NA trimmed107,452$16M0.2%2026-Q2
Associated Banc-Corp added107,071$16M0.2%2026-Q2
Hubbell Strickland Wealth Management, LLC trimmed105,649$16M0.2%2026-Q2
Cerity Partners LLC added100,632$15M0.2%2026-Q2
SARD WEALTH MANAGEMENT GROUP, LLC added99,881$15M0.2%2026-Q2
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added97,512$15M0.2%2026-Q2
Prosperity Consulting Group, LLC trimmed96,333$15M0.2%2026-Q2
US BANCORP \DE\ added93,892$14M0.2%2026-Q2
MSH Capital Advisors LLC added92,839$14M0.2%2026-Q2
KCM INVESTMENT ADVISORS LLC trimmed92,479$14M0.2%2026-Q2
CRA Financial Services, LLC trimmed91,795$14M0.2%2026-Q2
&PARTNERS added90,166$14M0.2%2026-Q2
HB Wealth Management, LLC added89,726$14M0.2%2026-Q2
Fund Evaluation Group, LLC89,489$14M0.2%2026-Q2
NATIONAL BANK OF CANADA /FI/ added88,567$13M0.2%2026-Q2
BLAIR WILLIAM & CO/IL added87,329$13M0.2%2026-Q2
M&T Bank Corp added85,771$13M0.2%2026-Q2
NewEdge Advisors, LLC added84,145$13M0.2%2026-Q2
WESBANCO BANK INC trimmed81,163$12M0.2%2026-Q2
NBT BANK, N.A. trimmed81,122$12M0.2%2026-Q2
World Investment Advisors trimmed79,530$12M0.1%2026-Q2
TD PRIVATE CLIENT WEALTH LLC trimmed78,494$12M0.1%2026-Q2
IHT Wealth Management, LLC trimmed77,741$12M0.1%2026-Q2
Corient Private Wealth LP added77,256$12M0.1%2026-Q2
ALLIANCEBERNSTEIN L.P. added76,992$11M0.1%2026-Q2
Forvis Mazars Wealth Advisors, LLC trimmed75,667$12M0.1%2026-Q2
SAGE RHINO CAPITAL LLC trimmed74,730$11M0.1%2026-Q2
Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. trimmed73,315$11M0.1%2026-Q2
NORTHERN TRUST CORP trimmed72,015$11M0.1%2026-Q2
GREENLEAF TRUST trimmed71,486$11M0.1%2026-Q2
BROWN ADVISORY INC trimmed68,514$10M0.1%2026-Q2

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership