SPDR Portfolio Long Term Treasury

SPTL • ARCA

SPDR Portfolio Long Term Treasury is an exchange-traded fund on ARCA. As of Q3 2025, 411 institutional investors hold shares in this ETF, with total holdings valued at $10.4B. STATE STREET CORP is the largest holder with a position valued at $1.7B.

Overview

Overview of institutional ownership in SPTL as of Q3 2025

All Institutions

Institutions: 411
Value Held: $10.4B
Shares Held: 384.2M
Avg Position: $25.2M
Median Position: $971.5K

Hedge Funds

Hedge Funds: 5
Value Held: $10.7M
Shares Held: 396.3K
Avg Position: $2.1M
Median Position: $461.0K

Biggest Investors

Institutions with the largest positions in SPTL as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$1.7B 0.06% of portfolio	64.2M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
F Fisher Asset Management, LLC Institution	-	$1.6B 0.59% of portfolio	60.6M shares	Q4 2020 Held for 4y 11m	$276.29B
F Financial Engines Advisors L.L.C. Institution	-	$1.4B 2.69% of portfolio	52.2M shares	Q4 2017 Held for 7y 11m	$52.4B
FMR LLC Institution	-	$550.3M 0.03% of portfolio	20.4M shares	Q1 2019 Held for 6y 8m	$1.92T
M Municipal Employees' Retirement System of Michigan Institution	-	$340.4M 4.09% of portfolio	12.6M shares	Q3 2020 Held for 5y 2m	$8.3B
N Nan Shan Life Insurance Co., Ltd. Institution	-	$295.3M 6.27% of portfolio	11.0M shares	Q3 2021 Held for 4y 2m	$4.7B
L LPL Financial LLC Institution	-	$266.9M 0.08% of portfolio	9.9M shares	Q4 2014 Held for 10y 11m	$340.07B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$258.4M 0.02% of portfolio	9.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$237.0M 0.07% of portfolio	8.8M shares	Q1 2014 Held for 11y 8m	$341.99B
MATHER GROUP, INC. RIA/Wealth	Jennifer Alisa Des Groseilliers CEO	$201.6M 2.03% of portfolio	7.5M shares	Q2 2022 Held for 3y 5m	$9.9B

Net Capital Flow

Institutional buying and selling activity for SPTL in Q3 2025

Traded: +$527.7M
Buyers: 238
Sellers: 191
Total Bought: +$736.4M
Total Sold: −$208.7M
Avg Position: $22.2M

Biggest Buyers

Institution	Net Bought	Current Position
Cetera Investment Advisers RIA/Wealth	+$114.0M +4.2M shares	$179.2M 6.6M shares
F Fisher Asset Management, LLC Institution	+$71.1M +2.6M shares	$1.6B 60.6M shares
F Financial Engines Advisors L.L.C. Institution	+$69.9M +2.6M shares	$1.4B 52.2M shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	+$48.3M +1.8M shares	$49.2M 1.8M shares
A Advisor Group Holdings, Inc. Institution	+$46.3M +1.7M shares	$86.6M 3.2M shares
Strategic Wealth Designers RIA/Wealth	+$44.8M +1.7M shares	$47.3M 1.8M shares
Farther Finance Advisors, LLC RIA/Wealth	+$30.4M +1.1M shares	$43.5M 1.6M shares
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	+$26.8M +996.3K shares	$27.1M 1.0M shares
JPMORGAN CHASE & CO Institution	+$15.0M +555.8K shares	$178.9M 6.6M shares
L LPL Financial LLC Institution	+$14.1M +523.1K shares	$266.9M 9.9M shares

Biggest Sellers

Institution	Net Sold	Current Position
STATE STREET CORP Institution	−$16.7M −618.6K shares	$1.7B 64.2M shares
Envestnet Portfolio Solutions, Inc. Long Only Manager	−$15.7M −581.2K shares	$7.2M 267.9K shares
Madison Asset Management, LLC Long Only Manager	−$14.9M −558.9K shares	Sold Off 0 shares
H HRT FINANCIAL LLC Institution	−$13.9M −523.9K shares	Sold Off 0 shares
UBS Group AG Institution	−$12.7M −473.0K shares	$29.6M 1.1M shares
SCS Capital Management LLC RIA/Wealth	−$11.8M −437.0K shares	$1.8M 66.6K shares
Impact Investors, Inc RIA/Wealth	−$7.5M −276.9K shares	$11.1M 411.3K shares
RFG Advisory Group, LLC RIA/Wealth	−$6.9M −255.4K shares	$22.2M 822.8K shares
PFG Advisors RIA/Wealth	−$6.5M −240.8K shares	$4.8M 176.7K shares
GREAT VALLEY ADVISOR GROUP, INC. RIA/Wealth	−$5.9M −219.9K shares	$4.3M 159.4K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited SPTL in Q3 2025

New Positions: 26
New Value: $26.1M
Exited Positions: 56
Exited Value: $64.9M

New Positions

Institution	Position Value
Mount Yale Investment Advisors, LLC RIA/Wealth	$12.0M 443.8K shares
PFG Private Wealth Management, LLC RIA/Wealth	$4.5M 166.2K shares
OKABENA INVESTMENT SERVICES INC Family Office	$3.1M 115.3K shares
Oregon Pacific Wealth Management, LLC RIA/Wealth	$1.6M 59.5K shares
SILVERLAKE WEALTH MANAGEMENT LLC RIA/Wealth	$1.2M 44.7K shares
PFG Financial Advisors RIA/Wealth	$1.0M 38.4K shares
Miracle Mile Advisors, LLC RIA/Wealth	$838.5K 31.1K shares
W Wealth Alliance Institution	$509.0K 18.9K shares
Friday Financial RIA/Wealth	$342.5K 12.7K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$301.1K 11.2K shares

Exited Positions

Institution	Previous Position
Madison Asset Management, LLC Long Only Manager	$14.9M 558.9K shares
H HRT FINANCIAL LLC Institution	$13.9M 523.9K shares
B Billeaud Capital Management, Inc. RIA/Wealth	$5.0M 189.9K shares
SMART Wealth LLC RIA/Wealth	$4.4M 163.8K shares
JACOBSON & SCHMITT ADVISORS, LLC RIA/Wealth	$3.6M 136.9K shares
L LOCKHEED MARTIN INVESTMENT MANAGEMENT CO Institution	$3.5M 130.0K shares
E EXCHANGE TRADED CONCEPTS, LLC Institution	$2.6M 98.5K shares
TOWNSQUARE CAPITAL LLC RIA/Wealth	$2.5M 95.0K shares
OLD NATIONAL BANCORP /IN/ Institution	$2.3M 85.9K shares
Sharkey, Howes & Javer RIA/Wealth	$1.7M 63.1K shares

Options Activity

Institutions with the largest Call and Put options positions in SPTL as of Q3 2025

Call Positions: 1
Call Value: $428.5K
Put Positions: 1
Put Value: $299.1K

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$428.5K 159.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$299.1K 111.0 contracts

Most Committed Institutions

Institutions with SPTL as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
M MASON STREET ADVISORS, LLC Insurance Manager	Bonnie Lynn Tomczak Chairman	11.07% $106.8M	4.0M shares	Q2 2024 Held for 1y 5m	$964.8M
Impact Investors, Inc RIA/Wealth	Christian Albrecht Wulf Von Schimmelmann Managing Partner	7.30% $11.1M	411.3K shares	Q4 2024 Held for 11 months	$151.9M
One Day In July LLC RIA/Wealth	Daniel Patrick Cunningham CEO	6.68% $78.9M	2.9M shares	Q4 2023 Held for 1y 11m	$1.2B
N Nan Shan Life Insurance Co., Ltd. Institution	-	6.27% $295.3M	11.0M shares	Q3 2021 Held for 4y 2m	$4.7B
MCMORGAN & CO LLC Fund of Funds	John F. Scott Santaguida CEO	6.01% $38.4M	1.4M shares	Q2 2021 Held for 4y 5m	$638.8M
GLOBALT Investments LLC / GA Long Only Manager	William Henry Roach CEO	5.16% $141.2M	5.2M shares	Q4 2023 Held for 1y 11m	$2.7B
Advocacy Wealth Management Services, LLC RIA/Wealth	Thomas Marion Johnson CEO	4.85% $106.0M	3.9M shares	Q4 2023 Held for 1y 11m	$2.2B
ERTS Wealth Advisors, LLC RIA/Wealth	Bruce Allan Roberts CCO	4.40% $13.6M	505.5K shares	Q1 2024 Held for 1y 8m	$309.6M
Voya Financial Advisors, Inc. RIA/Wealth	Jonathan Francis Reilly President	4.39% $45.5M	1.7M shares	Q4 2023 Held for 1y 11m	$1.0B
M Municipal Employees' Retirement System of Michigan Institution	-	4.09% $340.4M	12.6M shares	Q3 2020 Held for 5y 2m	$8.3B

Hedge Fund Spotlight

Discover hedge funds investing in SPTL

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in SPDR Portfolio Long Term Treasury

Market Value: $6.6M
Shares Held: 244.6K
Portfolio Weight: 0.01%
Owned Since: 2018-Q3

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$2.1B	1.68%
2 Nvidia NVDA	Semiconductors Technology	$1.8B	1.50%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.4B	1.18%