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.
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.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ trimmed | 7,153,445 | $1.1B | 13.6% | 2026-Q2 |
| MORGAN STANLEY added | 4,906,331 | $747M | 9.3% | 2026-Q2 |
| LPL Financial LLC added | 3,040,750 | $463M | 5.8% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 2,990,179 | $455M | 5.7% | 2026-Q2 |
| Joel Isaacson & Co., LLC added | 2,894,421 | $440M | 5.5% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 2,281,758 | $347M | 4.3% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 2,039,089 | $310M | 3.9% | 2026-Q2 |
| UBS Group AG added | 1,674,173 | $255M | 3.2% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 1,380,453 | $211M | 2.6% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 1,292,475 | $197M | 2.5% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,111,642 | $169M | 2.1% | 2026-Q2 |
| MAI Capital Management added | 1,002,472 | $153M | 1.9% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 910,494 | $139M | 1.7% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 873,659 | $133M | 1.7% | 2026-Q2 |
| Pathstone Holdings, LLC added | 793,377 | $121M | 1.5% | 2026-Q2 |
| Cetera Investment Advisers added | 750,297 | $114M | 1.4% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 689,697 | $105M | 1.3% | 2026-Q2 |
| Destination Wealth Management added | 635,081 | $97M | 1.2% | 2026-Q2 |
| COLDSTREAM CAPITAL MANAGEMENT INC added | 618,230 | $94M | 1.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 587,808 | $89M | 1.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 552,440 | $84M | 1.1% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 536,116 | $82M | 1.0% | 2026-Q2 |
| Jupiter Topco LLC new | 502,815 | $77M | 1.0% | 2026-Q2 |
| Capital Investment Advisors, LLC trimmed | 491,556 | $75M | 0.9% | 2026-Q2 |
| PNC Financial Services Group, Inc. trimmed | 450,216 | $69M | 0.9% | 2026-Q2 |
| 1ST SOURCE BANK trimmed | 424,880 | $65M | 0.8% | 2026-Q2 |
| Creative Planning trimmed | 423,949 | $65M | 0.8% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 414,516 | $63M | 0.8% | 2026-Q2 |
| J.Safra Asset Management Corp added | 378,030 | $58M | 0.7% | 2026-Q2 |
| Elk River Wealth Management LLC trimmed | 371,018 | $56M | 0.7% | 2026-Q2 |
| AlphaCore Capital LLC added | 368,674 | $56M | 0.7% | 2026-Q2 |
| Legacy Financial Group LLC added | 353,819 | $54M | 0.7% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 321,826 | $49M | 0.6% | 2026-Q2 |
| BENJAMIN EDWARDS INC added | 286,769 | $44M | 0.5% | 2026-Q2 |
| MARINO, STRAM & ASSOCIATES LLC added | 279,804 | $43M | 0.5% | 2026-Q2 |
| Clearstead Advisors, LLC trimmed | 279,710 | $43M | 0.5% | 2026-Q2 |
| Baird Financial Group, Inc. added | 272,798 | $42M | 0.5% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 267,979 | $41M | 0.5% | 2026-Q2 |
| Wolff Financial Management LLC added | 263,340 | $40M | 0.5% | 2026-Q2 |
| MONETA GROUP INVESTMENT ADVISORS LLC trimmed | 261,650 | $40M | 0.5% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 258,404 | $39M | 0.5% | 2026-Q2 |
| Linscomb Wealth, Inc. trimmed | 242,037 | $37M | 0.5% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 224,206 | $35M | 0.4% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 211,188 | $32M | 0.4% | 2026-Q2 |
| Mariner, LLC trimmed | 204,288 | $31M | 0.4% | 2026-Q2 |
| Modern Wealth Management, LLC added | 187,544 | $29M | 0.4% | 2026-Q2 |
| Klingman & Associates, LLC trimmed | 187,332 | $29M | 0.4% | 2026-Q2 |
| NWF Advisory Services Inc. added | 183,880 | $28M | 0.4% | 2026-Q2 |
| Graves Light Lenhart Wealth, Inc. trimmed | 181,578 | $28M | 0.3% | 2026-Q2 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed | 175,487 | $27M | 0.3% | 2026-Q2 |
| Private Advisor Group, LLC added | 173,016 | $26M | 0.3% | 2026-Q2 |
| Savant Capital, LLC added | 171,541 | $26M | 0.3% | 2026-Q2 |
| Jackson, Grant Investment Advisers, Inc. trimmed | 170,164 | $26M | 0.3% | 2026-Q2 |
| Orion Porfolio Solutions, LLC added | 153,614 | $23M | 0.3% | 2026-Q2 |
| Regent Peak Wealth Advisors LLC added | 153,565 | $23M | 0.3% | 2026-Q2 |
| Focus Partners Wealth added | 150,144 | $23M | 0.3% | 2026-Q2 |
| Equitable Holdings, Inc. added | 150,033 | $23M | 0.3% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 150,025 | $23M | 0.3% | 2026-Q2 |
| SCOTIA CAPITAL INC. trimmed | 146,817 | $22M | 0.3% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 143,320 | $22M | 0.3% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 142,939 | $22M | 0.3% | 2026-Q2 |
| FMR LLC added | 136,072 | $21M | 0.3% | 2026-Q2 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC added | 132,295 | $20M | 0.3% | 2026-Q2 |
| TigerOak Management, L.L.C. added | 124,183 | $19M | 0.2% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 117,924 | $18M | 0.2% | 2026-Q2 |
| Midwest Trust Co added | 112,374 | $17M | 0.2% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 112,373 | $17M | 0.2% | 2026-Q2 |
| Mesirow Financial Investment Management, Inc. trimmed | 109,968 | $17M | 0.2% | 2026-Q2 |
| UMB Bank, n.a. added | 109,855 | $17M | 0.2% | 2026-Q2 |
| BOKF, NA trimmed | 107,452 | $16M | 0.2% | 2026-Q2 |
| Associated Banc-Corp added | 107,071 | $16M | 0.2% | 2026-Q2 |
| Hubbell Strickland Wealth Management, LLC trimmed | 105,649 | $16M | 0.2% | 2026-Q2 |
| Cerity Partners LLC added | 100,632 | $15M | 0.2% | 2026-Q2 |
| SARD WEALTH MANAGEMENT GROUP, LLC added | 99,881 | $15M | 0.2% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 97,512 | $15M | 0.2% | 2026-Q2 |
| Prosperity Consulting Group, LLC trimmed | 96,333 | $15M | 0.2% | 2026-Q2 |
| US BANCORP \DE\ added | 93,892 | $14M | 0.2% | 2026-Q2 |
| MSH Capital Advisors LLC added | 92,839 | $14M | 0.2% | 2026-Q2 |
| KCM INVESTMENT ADVISORS LLC trimmed | 92,479 | $14M | 0.2% | 2026-Q2 |
| CRA Financial Services, LLC trimmed | 91,795 | $14M | 0.2% | 2026-Q2 |
| &PARTNERS added | 90,166 | $14M | 0.2% | 2026-Q2 |
| HB Wealth Management, LLC added | 89,726 | $14M | 0.2% | 2026-Q2 |
| Fund Evaluation Group, LLC | 89,489 | $14M | 0.2% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 88,567 | $13M | 0.2% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL added | 87,329 | $13M | 0.2% | 2026-Q2 |
| M&T Bank Corp added | 85,771 | $13M | 0.2% | 2026-Q2 |
| NewEdge Advisors, LLC added | 84,145 | $13M | 0.2% | 2026-Q2 |
| WESBANCO BANK INC trimmed | 81,163 | $12M | 0.2% | 2026-Q2 |
| NBT BANK, N.A. trimmed | 81,122 | $12M | 0.2% | 2026-Q2 |
| World Investment Advisors trimmed | 79,530 | $12M | 0.1% | 2026-Q2 |
| TD PRIVATE CLIENT WEALTH LLC trimmed | 78,494 | $12M | 0.1% | 2026-Q2 |
| IHT Wealth Management, LLC trimmed | 77,741 | $12M | 0.1% | 2026-Q2 |
| Corient Private Wealth LP added | 77,256 | $12M | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 76,992 | $11M | 0.1% | 2026-Q2 |
| Forvis Mazars Wealth Advisors, LLC trimmed | 75,667 | $12M | 0.1% | 2026-Q2 |
| SAGE RHINO CAPITAL LLC trimmed | 74,730 | $11M | 0.1% | 2026-Q2 |
| Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. trimmed | 73,315 | $11M | 0.1% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 72,015 | $11M | 0.1% | 2026-Q2 |
| GREENLEAF TRUST trimmed | 71,486 | $11M | 0.1% | 2026-Q2 |
| BROWN ADVISORY INC trimmed | 68,514 | $10M | 0.1% | 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.
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.