SPDR Portfolio S&P 500 Growth ETF

SPYG • ARCA

SPDR Portfolio S&P 500 Growth ETF is an exchange-traded fund on ARCA. As of Q3 2025, 1,194 institutional investors hold shares in this ETF, with total holdings valued at $32.7B. LPL Financial LLC is the largest holder with a position valued at $4.1B.

Overview

Overview of institutional ownership in SPYG as of Q3 2025

All Institutions

Institutions: 1,194
Value Held: $32.7B
Shares Held: 313.9M
Avg Position: $27.4M
Median Position: $1.4M

Hedge Funds

Hedge Funds: 11
Value Held: $34.1M
Shares Held: 326.4K
Avg Position: $3.1M
Median Position: $1.3M

Biggest Investors

Institutions with the largest positions in SPYG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
L LPL Financial LLC Institution	-	$4.1B 1.20% of portfolio	39.2M shares	≤ Q2 2013 Held for 12y 6m+	$340.07B
F Financial Engines Advisors L.L.C. Institution	-	$1.9B 3.59% of portfolio	18.0M shares	Q3 2019 Held for 6y 3m	$52.4B
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$1.5B 0.22% of portfolio	14.2M shares	Q3 2015 Held for 10y 3m	$691.37B
Hanson McClain, Inc. RIA/Wealth	Jordan Jacob Bastable Managing Partner	$1.2B 5.28% of portfolio	11.4M shares	Q3 2018 Held for 7y 3m	$22.6B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$1.1B 0.34% of portfolio	11.0M shares	Q3 2017 Held for 8y 3m	$342.01B
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$1.0B 0.24% of portfolio	9.9M shares	≤ Q2 2013 Held for 12y 6m+	$433.11B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$865.3M 0.05% of portfolio	8.3M shares	≤ Q2 2013 Held for 12y 6m+	$1.65T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$575.9M 0.04% of portfolio	5.5M shares	Q2 2018 Held for 7y 6m	$1.56T
Horizon Investments, LLC/SC Long Only Manager	John Noel Drahzal CEO	$557.7M 7.33% of portfolio	5.3M shares	Q1 2018 Held for 7y 9m	$7.6B
Equitable Holdings, Inc. Institution	Robin M. Raju CEO	$547.9M 4.04% of portfolio	5.2M shares	Q4 2019 Held for 6 years	$13.6B

Net Capital Flow

Institutional buying and selling activity for SPYG in Q3 2025

Traded: +$1.7B
Buyers: 568
Sellers: 493
Total Bought: +$2.8B
Total Sold: −$1.1B
Avg Position: $26.6M

Biggest Buyers

Institution	Net Bought	Current Position
GOLDMAN SACHS GROUP INC Institution	+$1.1B +10.7M shares	$1.5B 14.2M shares
V VANTAGEPOINT INVESTMENT ADVISERS LLC Institution	+$469.0M +4.5M shares	$469.0M 4.5M shares
L LPL Financial LLC Institution	+$138.0M +1.3M shares	$4.1B 39.2M shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	+$78.8M +754.4K shares	$1.1B 11.0M shares
Miracle Mile Advisors, LLC RIA/Wealth	+$72.1M +689.5K shares	$74.1M 708.9K shares
Dynasty Wealth Management, LLC Fund of Funds	+$60.4M +577.9K shares	$383.9M 3.7M shares
Cetera Investment Advisers RIA/Wealth	+$51.6M +493.6K shares	$334.0M 3.2M shares
WELLS FARGO & COMPANY/MN Institution	+$50.9M +487.1K shares	$310.8M 3.0M shares
H HB Wealth Management, LLC Institution	+$40.5M +402.6K shares	$479.8M 4.8M shares
BB&T CORP Institution	+$36.6M +350.1K shares	$251.8M 2.4M shares

Biggest Sellers

Institution	Net Sold	Current Position
Bank of New York Mellon Corp Institution	−$327.2M −3.1M shares	$44.6M 426.7K shares
F Financial Engines Advisors L.L.C. Institution	−$130.0M −1.2M shares	$1.9B 18.0M shares
Private Advisor Group, LLC RIA/Wealth	−$39.3M −375.9K shares	$216.2M 2.1M shares
Ameritas Advisory Services, LLC RIA/Wealth	−$37.7M −360.4K shares	$12.0M 114.5K shares
Mount Yale Investment Advisors, LLC RIA/Wealth	−$34.2M −358.7K shares	Sold Off 0 shares
Horizon Investments, LLC/SC Long Only Manager	−$30.9M −295.7K shares	$557.7M 5.3M shares
MAINSTAY CAPITAL MANAGEMENT LLC /ADV RIA/Wealth	−$29.9M −286.6K shares	$83.6M 800.0K shares
PFG Private Wealth Management, LLC RIA/Wealth	−$22.9M −218.7K shares	$2.8M 26.8K shares
RFG Advisory Group, LLC RIA/Wealth	−$20.5M −195.8K shares	$66.2M 633.4K shares
Graney & King, LLC RIA/Wealth	−$17.0M −162.4K shares	$7.8M 74.4K shares

Entry and Exit Activity

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

New Positions: 61
New Value: $498.4M
Exited Positions: 38
Exited Value: $95.0M

New Positions

Institution	Position Value
V VANTAGEPOINT INVESTMENT ADVISERS LLC Institution	$469.0M 4.5M shares
BANK OF NOVA SCOTIA / Institution	$9.8M 93.8K shares
F Fund Evaluation Group, LLC Institution	$1.9M 17.9K shares
CV Advisors LLC Family Office	$1.3M 12.0K shares
HBK Sorce Advisory LLC Hedge Fund•Multi-Strategy	$1.2M 11.5K shares
S SECURED RETIREMENT ADVISORS, LLC RIA/Wealth	$1.1M 10.1K shares
PARSONS CAPITAL MANAGEMENT INC/RI RIA/Wealth	$993.1K 9.5K shares
Forthright Family Wealth Advisory LLC RIA/Wealth	$934.5K 8.9K shares
Integrity Advisory Solutions, LLC RIA/Wealth	$897.6K 8.6K shares
Catalytic Wealth RIA, LLC RIA/Wealth	$692.8K 6.6K shares

Exited Positions

Institution	Previous Position
Mount Yale Investment Advisors, LLC RIA/Wealth	$34.2M 358.7K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$15.0M 157.0K shares
Kingstone Capital Partners Texas, LLC RIA/Wealth	$12.7M 133.3K shares
Financial Advocates Investment Management RIA/Wealth	$10.0M 104.6K shares
F Financial Enhancement Group LLC RIA/Wealth	$5.1M 53.3K shares
E Elevation Capital Advisory, LLC RIA/Wealth	$3.6M 38.0K shares
D D. E. Shaw & Co., Inc. Institution	$3.4M 35.6K shares
R Rede Wealth, LLC RIA/Wealth	$2.4M 25.3K shares
B BNP PARIBAS ARBITRAGE, SA Institution	$2.0M 20.7K shares
L.M. KOHN & COMPANY RIA/Wealth	$1.6M 16.6K shares

Options Activity

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

Call Positions: 6
Call Value: $25.7M
Put Positions: 6
Put Value: $15.2M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$13.2M 1.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$7.4M 709.0 contracts
J JANE STREET GROUP, LLC Institution	$4.8M 463.0 contracts
C Cavalier Investments Institution	$209.0K 20.0 contracts
W WOLVERINE TRADING, LLC Institution	- - contracts
L LPL Financial LLC Institution	- - contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$5.6M 538.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$5.4M 515.0 contracts
J JANE STREET GROUP, LLC Institution	$3.9M 369.0 contracts
WELLS FARGO & COMPANY/MN Institution	$292.6K 28.0 contracts
Massey, Quick & Co., LLC RIA/Wealth	$24.8K 200.0 contracts
W WOLVERINE TRADING, LLC Institution	- - contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Leicht Financial Planning & Wealth Management, Inc. RIA/Wealth	Andrew James Leicht CEO	26.62% $59.0M	564.9K shares	Q2 2020 Held for 5y 6m	$221.8M
RESTON WEALTH MANAGEMENT LLC RIA/Wealth	Robert Eugene Tucker Managing Partner	22.77% $70.5M	674.8K shares	Q3 2019 Held for 6y 3m	$309.7M
Compton Financial Group, LLC RIA/Wealth	Christopher Patrick Compton Managing Partner	21.82% $90.6M	866.8K shares	Q4 2020 Held for 5 years	$415.3M
Destiny Capital Corp/CO RIA/Wealth	Timothy Colin Doyle CIO	21.01% $38.5M	368.8K shares	Q4 2023 Held for 2 years	$183.4M
Investments & Financial Planning, LLC RIA/Wealth	James Eric Mullins Managing Partner	20.88% $38.7M	369.9K shares	Q4 2022 Held for 3 years	$185.1M
Collier Financial RIA/Wealth	Brandon James Collier Managing Partner	17.81% $23.7M	226.6K shares	Q3 2025 Held for 3 months	$133.0M
T Three Cord True Wealth Management, LLC RIA/Wealth	Mathew W Hunnicutt Member	17.42% $25.6M	244.8K shares	Q4 2024 Held for 1 year	$146.8M
Higgins & Schmidt Wealth Strategies LLC RIA/Wealth	Molly Jeanne Cooper CCO	16.97% $33.6M	321.5K shares	Q4 2023 Held for 2 years	$198.0M
Focused Wealth Management, Inc RIA/Wealth	Jacob Michael Brett President	16.69% $150.3M	1.4M shares	Q1 2018 Held for 7y 9m	$900.9M
Willis Johnson & Associates, Inc. RIA/Wealth	Willis Anthony Johnson CEO	16.61% $268.2M	2.6M shares	Q3 2021 Held for 4y 3m	$1.6B