State Street SPDR S&P GlobalGNRETF

13F holders, Q2 2026 (June 30)
287holders −4
35new positions
36sold out
3famous investors
$67.39avg. 13F price*

At the end of Q2 2026, 287 institutions reported holding State Street SPDR S&P Global (GNR) in their 13F filings, down 4 from Q1 2026. 35 opened new positions and 36 sold out. The largest holders were Northern Trust Corp. ($908.1M), First Command Advisory Services, Inc. ($343.4M) and Envestnet Asset Management Inc. ($333.6M). 3 famous investors held it, including Joel Greenblatt (0.0% of Gotham Asset Management's portfolio), David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio) and Cliff Asness (0.0% of AQR Capital Management's portfolio).

Company
State Street SPDR S&P Global
Filed as
SPDR INDEX SHS FDS (Q2 2026)
CUSIP
78463X541
Latest filing quarter
Q2 2026

History

Number of 13F holders

0100200300 Q1 2024: 241Q1 2024Q2 2024: 239Q2 2024Q3 2024: 241Q3 2024Q4 2024: 238Q4 2024Q1 2025: 236Q1 2025Q2 2025: 221Q2 2025Q3 2025: 227Q3 2025Q4 2025: 254Q4 2025Q1 2026: 291Q1 2026Q2 2026: 287Q2 2026

Total Exit/New Position Q1 2026 → Q2 2026

InstitutionsTotal Value
New Positions35$53.9M
Exits36$81.3M

All 13F filers, Q1 2026 → Q2 2026: 2,203,634 shares bought and 2,129,613 shares sold, net +74,021 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 287 holders

Northern Trust Corp. 0.11% Reduce -2.2% 13,491,314 $908.1M
First Command Advisory Services, Inc. 2.04% Reduce -3.4% 5,101,362 $343.4M
Envestnet Asset Management Inc. 0.08% Add +1.7% 4,956,055 $333.6M
Pure Financial Advisors, LLC 1.82% Reduce -0.6% 2,099,686 $141.3M
Hackensack Meridian Health, Inc. 8.52% Add +16.8% 1,875,000 $126.2M
Oxford Financial Group, LTD. LLC 6.18% Reduce -2.6% 1,813,168 $122.0M
T. Rowe Price Associates Inc. 0.01% No change 1,725,000 $116.1M
Johns Hopkins University 7.08% No change 1,572,088 $105.8M
Bank of America Corp. 0.01% Add +15.0% 1,186,456 $79.9M
Morgan Stanley 0.00% Add +1.9% 1,090,259 $73.4M
BlackRock, Inc. 0.00% Add +1.2% 1,074,757 $72.3M
AMG National Trust Bank 1.07% Add +8.4% 776,274 $52.3M
Nepc LLC 0.92% No change 731,730 $49.3M
FMR LLC 0.00% Add +13.3% 695,842 $46.8M
Schroder Investment Management Group 0.03% Reduce -3.5% 681,811 $45.7M
Alliancebernstein L.P. 0.01% Add +4.2% 559,785 $41.8M
UBS Group AG 0.01% Reduce -2.4% 480,086 $32.3M
Wells Fargo & Company 0.01% Add +16.3% 433,946 $29.2M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.06% New 431,270 $28.9M
Raymond James Financial Inc. 0.01% Add +8.1% 427,329 $28.8M
JPMorgan Chase & Co. 0.00% Reduce -2.4% 408,073 $27.4M
Tradewinds Capital Management, LLC 4.64% Reduce -25.4% 387,837 $26.1M
Cetera Investment Advisers 0.02% Add +20.7% 340,181 $22.9M
Cornerstone Partners Capital Management, LLC 63.69% Reduce -7.7% 325,320 $21.9M
Charles Schwab Investment Management Inc. 0.00% Reduce -2.8% 318,128 $21.4M
Principal Financial Group Inc. 0.01% Reduce -15.4% 301,900 $20.3M
Bank of New York Mellon Corp 0.00% Add +11.6% 290,157 $19.5M
Prairiewood Capital, LLC 4.47% Add +1.8% 256,478 $17.3M
Cambridge Associates LLC /Ma/ 0.22% Reduce -25.4% 229,803 $15.5M
Bank of Montreal 0.01% Add +7.7% 219,836 $14.8M
Sachetta, LLC 6.72% Add +1.0% 205,252 $13.8M
LPL Financial LLC 0.00% Reduce -17.0% 202,370 $13.6M
Captrust Financial Advisors 0.02% Add +7.0% 195,071 $13.1M
Fiduciary Financial Group, LLC 1.36% Add +15.4% 178,050 $12.0M
Thrivent Financial for Lutherans 0.02% Reduce -2.8% 169,120 $11.4M
Versant Capital Management, Inc 0.97% Add +2.3% 160,997 $10.8M
PACK Private Wealth, LLC 4.48% Add +0.3% 160,639 $10.8M
Warren Street Wealth Advisors, LLC 2.35% Add +3.0% 154,548 $10.4M
Satovsky Asset Management LLC 1.50% Add +0.3% 140,180 $9.4M
Royal Bank of Canada 0.00% Add +7.2% 136,346 $9.2M
Ameriprise Financial Inc. 0.00% Add +9.3% 135,862 $9.1M
M&T Bank Corp 0.02% No change 123,251 $8.3M
Manufacturers Life Insurance Company, The 0.01% Add +2.3% 118,056 $7.9M
Treasure Coast Financial Planning 3.72% Add +0.8% 113,200 $7.6M
MAI Capital Management 0.03% Add +15350.1% 107,842 $7.3M
Cerity Partners LLC 0.01% Add +1.8% 104,979 $7.1M
Valmark Advisers, Inc. 0.07% Reduce -2.0% 99,942 $6.7M
Deutsche Bank AG 0.00% Add +73.5% 98,914 $6.7M
Rockefeller Capital Management L.P. 0.01% Reduce -2.6% 93,988 $6.3M
Cadence Wealth Management LLC 2.70% Reduce -0.7% 89,485 $6.0M
Sterling Investment Advisors LLC 2.45% Add +2.4% 81,023 $5.5M
VPR Management LLC 2.10% No change 77,550 $5.2M
CX Institutional 0.15% Reduce -3.8% 77,430 $5.2M
Mariner, LLC 0.01% Reduce -10.5% 74,539 $5.0M
Summit Financial, LLC 0.05% Add +0.3% 72,917 $4.9M
BIP Wealth, LLC 0.14% New 72,599 $4.9M
Callan Family Office, LLC 0.09% Reduce -0.0% 71,743 $4.8M
IAG Wealth Partners, LLC 0.47% Add +0.7% 71,001 $4.8M
TMB Capital Partners, LLC 1.47% Add +3.8% 70,194 $4.7M
Stifel Financial Corp. 0.00% Add +24.4% 68,194 $4.6M
Boltwood Capital Management 1.04% Add +36.9% 67,202 $4.5M
Crescent Grove Advisors, LLC 0.38% Add +6.6% 66,619 $4.5M
D.A. Davidson & Co. 0.02% Reduce -0.4% 64,467 $4.3M
Mercer Global Advisors Inc. 0.01% Reduce -23.4% 64,392 $4.3M
Fiduciary Alliance LLC 0.28% Add +2.6% 60,734 $4.1M
Savant Capital, LLC 0.01% Add +282.6% 55,780 $4.0M
White & Co Financial Planning Inc 2.46% Add +0.4% 59,116 $4.0M
W1M Asset Management Ltd 0.04% No change 58,009 $3.9M
Phillips Financial Management, LLC 0.28% Add +4.6% 57,694 $3.9M
Equitable Holdings, Inc. 0.02% New 56,463 $3.8M
Duff & Phelps Investment Management Co. 0.03% Reduce -3.3% 53,100 $3.6M
Cambria Investment Management, L.P. 0.18% Add +1.9% 52,755 $3.6M
Empowered Funds, LLC 0.02% Add +1.9% 52,755 $3.6M
Wealthfront Advisers LLC 0.01% Add +3.4% 51,489 $3.5M
Flow Traders U.S. LLC 0.14% Add +145.5% 50,550 $3.4M
Gotham Asset Management 0.01% Add +0.3% 50,456 $3.4M
Bristlecone Value Partners, LLC 2.62% Reduce -1.2% 48,469 $3.3M
Conservest Capital Advisors, Inc. 0.25% Add +3.8% 47,162 $3.2M
Regal Investment Advisors LLC 0.16% Add +1.8% 46,292 $3.1M
Hills Bank & Trust Co 0.13% Add +1.3% 45,553 $3.1M
Farther Finance Advisors, LLC 0.02% Add +3.7% 44,467 $3.0M
Landmark Wealth Management, LLC 0.66% Add +6.6% 41,234 $2.8M
Creative Planning 0.00% Add +77.0% 40,652 $2.7M
Northwestern Mutual Wealth Management Co. 0.00% Add +12.8% 40,318 $2.7M
D. E. Shaw & Co. 0.00% New 40,272 $2.7M
Palisades Hudson Asset Management, L.P. 0.94% Reduce -0.6% 40,001 $2.7M
Commonwealth Equity Services, LLC 0.00% Add +4.7% 39,914 $2.7M
Catalyst Investment Management LLC 2.36% Add +17.3% 38,650 $2.6M
Cambient Family Office, LLC 0.31% Add +16.0% 37,249 $2.5M
Chemistry Wealth Management LLC 0.40% Add +1.3% 36,901 $2.5M
Permanens Capital L.P. 0.24% New 34,000 $2.3M
HB Wealth Management, LLC 0.01% Reduce -2.1% 33,981 $2.3M
Bessemer Group Inc. 0.00% Reduce -0.9% 30,298 $2.0M
Steph & Co. 0.51% Add +0.7% 30,029 $2.0M
Sage Rhino Capital LLC 0.33% Add +3.5% 29,786 $2.0M
AQR Capital Management 0.00% Add +10.6% 28,699 $1.9M
Silver Oak Securities, Incorporated 0.12% New 28,341 $1.9M
Rothschild Wealth LLC 0.15% Reduce -2.5% 27,381 $1.8M
NewEdge Advisors, LLC 0.01% Reduce -2.5% 27,135 $1.8M
Brio Consultants, LLC 0.21% Add +0.2% 26,624 $1.8M
Kathmere Capital Management, LLC 0.09% Add +2.0% 26,229 $1.8M
Blair William & Co. 0.00% Add +148.4% 25,834 $1.7M
Truist Financial Corp. 0.00% Add +57.0% 25,555 $1.7M
Ingalls & Snyder LLC 0.05% Reduce -3.8% 25,385 $1.7M
Perigon Wealth Management, LLC 0.03% Add +0.2% 25,059 $1.7M
Alliance Wealth Advisors, LLC 0.32% New 24,773 $1.7M
Global Strategic Investment Solutions, LLC 0.14% Add +0.1% 23,470 $1.6M
Wealthcare Advisory Partners LLC 0.03% Reduce -1.1% 23,112 $1.6M
Pathstone Holdings, LLC 0.00% No change 22,780 $1.5M
One Plus One Wealth Management, LLC 0.66% Reduce -12.2% 22,470 $1.5M
Allen Capital Group, LLC 0.12% Reduce -0.7% 21,985 $1.5M
Goldman Sachs Group Inc. 0.00% Add +114.0% 21,506 $1.4M
Longview Financial Advisors, Inc. 0.77% Add +0.2% 19,634 $1.3M
Factor Wealth Management LTD 0.20% Reduce -3.3% 19,269 $1.3M
US Bancorp \de 0.00% No change 18,996 $1.3M
Kanawha Capital Management LLC 0.08% No change 18,235 $1.2M
Fifth Third Bancorp 0.00% Reduce -0.1% 17,962 $1.2M
Citigroup Inc. 0.00% Add +39.8% 17,945 $1.2M
Mackenzie Financial Corp. 0.00% Add +109.6% 17,327 $1.2M
Simon Quick Advisors, LLC 0.05% Add +2.5% 16,870 $1.1M
Osaic Holdings, Inc. 0.00% Add +16.1% 16,673 $1.1M
Janney Montgomery Scott LLC 0.00% Add +9.0% 16,425 $1.1M
Firestone Capital Management 0.21% Add +0.2% 16,364 $1.1M
Beacon Pointe Advisors, LLC 0.01% Add +2.8% 16,113 $1.1M
Resurgent Financial Advisors LLC 0.30% Add +0.2% 15,765 $1.1M
Fermata Advisors, LLC 0.21% Add +66.9% 15,490 $1.0M
&partners 0.00% Reduce -21.8% 14,909 $1.0M
Gryphon Financial Partners LLC 0.09% New 14,872 $1.0M
Hedeker Wealth, LLC 0.19% Add +0.9% 14,642 $986K
Kimelman & Baird, LLC 0.07% No change 14,500 $976K
MML Investors Services, LLC 0.00% Add +39.1% 14,481 $975K
OneAscent Financial Services LLC 0.05% Reduce -5.3% 14,404 $970K
Choreo, LLC 0.01% Reduce -1.2% 14,200 $956K
Sanctuary Advisors, LLC 0.00% Add +9.7% 14,191 $955K
Johnson Financial Group, LLC 0.05% New 13,500 $909K
WESCAP Management Group, Inc. 0.17% Reduce -15.2% 13,441 $905K
Bienville Capital Management, LLC 0.13% New 13,030 $877K
Gladstone Institutional Advisory LLC 0.03% Add +1.6% 12,717 $856K
Cresset Asset Management, LLC 0.00% Reduce -0.2% 12,267 $826K
Focus Partners Wealth 0.00% Add +8.9% 12,037 $810K
J2 Capital Management Inc 0.54% Add +0.2% 12,012 $809K
Mason Investment Advisory Services, Inc. 0.03% Reduce -0.6% 11,785 $793K
Lynx Investment Advisory 0.26% Reduce -2.4% 11,771 $792K
Point Nemo Capital, LLC 0.40% New 11,739 $790K
Stratos Wealth Partners, LTD. 0.01% Add +1.0% 11,567 $779K
Sequoia Financial Advisors, LLC 0.00% Reduce -4.6% 11,542 $777K
Redwood Park Advisors LLC 0.55% Add +1.0% 11,232 $756K
Prospera Financial Services Inc 0.01% Add +14.9% 11,044 $743K
Thompson Davis & Co., Inc. 0.43% Add +46.9% 10,800 $727K
Wilmington Savings Fund Society, FSB 0.02% No change 10,800 $727K
Qube Research & Technologies Ltd 0.00% Add +9854.2% 10,651 $717K
Bayban 0.54% No change 10,520 $708K
Sage Mountain Advisors LLC 0.04% No change 10,516 $708K
Avior Wealth Management, LLC 0.02% New 10,492 $706K
Fifth Third Wealth Advisors LLC 0.02% No change 10,412 $701K
GC Wealth Management RIA, LLC 0.04% New 10,193 $686K
Comprehensive Money Management Services LLC 0.42% Reduce -11.3% 10,029 $675K
GeoWealth Management, LLC 0.02% New 9,693 $652K
United Bank 0.20% Reduce -10.6% 9,657 $650K
Sovran Advisors, LLC 0.05% Add +24.9% 8,984 $641K
Hendershot Investments Inc. 0.08% Add +161.9% 9,504 $640K
Private Advisor Group, LLC 0.00% Reduce -57.6% 9,457 $637K
Old Port Advisors 0.12% Reduce -2.3% 9,224 $621K
Rock Creek Group LLC 0.06% No change 9,001 $606K
Morton Capital Management LLC 0.08% Add +0.4% 8,997 $606K
HighTower Advisors, LLC 0.00% Add +0.3% 8,940 $602K
Basecamp Wealth Advisors LLC 0.11% No change 8,919 $600K
Dupree Financial Group, LLC 0.21% Reduce -0.0% 8,470 $570K
Hanover Advisors Inc. 0.20% No change 8,182 $551K
Jones Financial Companies LLLP 0.00% Add +36.0% 8,035 $541K
Integrated Wealth Concepts LLC 0.00% Reduce -1.2% 8,007 $539K
Asempa Wealth Advisors 0.40% Add +0.1% 7,810 $526K
National Bank of Canada 0.00% Reduce -5.5% 7,761 $522K
NewEdge Wealth, LLC 0.01% Reduce -9.0% 7,319 $493K
Pathway Financial Advisors LLC 0.06% Reduce -14.5% 7,210 $490K
Wealth Enhancement Advisory Services, LLC 0.00% Reduce -1.7% 6,955 $476K
Glenmede Trust Co. NA 0.00% Add +6.6% 6,985 $470K
PNC Financial Services Group, Inc. 0.00% Reduce -14.7% 6,822 $459K
McAlvany Wealth Management LLC 0.33% Reduce -3.7% 6,492 $437K
Spinnaker Investment Group, LLC 0.07% No change 6,445 $434K
Vaquero Private Wealth, Ltd. 0.09% — 6,409 $431K
Opus Financial Solutions LLC 0.34% No change 6,251 $421K
Cambridge Investment Research Advisors, Inc. 0.00% Add +11.3% 6,014 $405K
Neuberger Berman Group LLC 0.00% Add +34.8% 5,966 $402K
Oath Planning, LLC 0.30% Add +1.2% 5,929 $399K
Advisors Preferred, LLC 0.06% Add +281.0% 5,837 $397K
Greenline Partners, LLC 0.04% Add +0.3% 5,853 $394K
CIBC Bancorp USA Inc. 0.00% Reduce -11.3% 5,633 $379K
Mayfair Advisory Group, LLC 0.11% Add +5.0% 5,260 $378K
TKG Advisors, LLC 0.13% No change 5,493 $370K
Meridian Wealth Management, LLC 0.01% Reduce -1.9% 5,028 $338K
Baldwin Wealth Partners LLC 0.02% Add +2.9% 4,848 $326K
Squarepoint Ops LLC 0.00% Add +68.8% 4,811 $324K
FSM Wealth Advisors, LLC 0.03% Add +0.1% 4,797 $323K
Commerce Bank 0.00% Add +13.3% 4,560 $307K
Mather Group, Llc. 0.00% Reduce -20.5% 4,538 $305K
Hudock, Inc. 0.04% Add +0.2% 4,457 $300K
Mutual Advisors, LLC 0.01% Add +0.2% 4,427 $298K
Eddie Patel Inc 0.17% New 4,275 $288K
JNBA Financial Advisors 0.02% No change 4,089 $275K
Dorsey & Whitney Trust CO LLC 0.01% Reduce -27.2% 4,006 $270K
Cura Wealth Advisors, LLC 0.11% No change 4,000 $269K
Fiduciary Financial Advisors 0.03% New 4,001 $269K
Baird Financial Group, Inc. 0.00% Add +1.2% 3,862 $260K
Vise Technologies, Inc. 0.00% Reduce -0.6% 3,800 $256K
Fort Sheridan Advisors LLC 0.03% Add +0.1% 3,768 $254K
Worth Financial Advisory Group, LLC 0.11% New 3,759 $253K
Maridea Wealth Management LLC 0.03% Add +5.4% 3,743 $252K
Smartleaf Asset Management LLC 0.01% No change 3,673 $246K
Susquehanna International Group, LLP 0.00% Reduce -75.2% 3,648 $246K
Savvy Advisors, Inc. 0.01% Reduce -0.5% 3,556 $239K
White Wing Wealth Management 0.12% New 3,478 $234K
Lido Advisors, LLC 0.00% New 3,458 $233K
Prime Capital Investment Advisors, LLC 0.00% New 3,420 $230K
KFG Wealth Management, LLC 0.03% Add +0.0% 3,376 $227K
Mesirow Financial Investment Management, Inc. 0.00% Add +0.7% 3,370 $227K
Essex Bank 0.05% No change 3,304 $222K
Global View Capital Management LLC 0.05% Add +1.6% 3,285 $221K
Highline Wealth Partners LLC 0.04% No change 3,240 $218K
Patriot Investment Management Group, Inc. 0.01% Reduce -13.8% 3,125 $210K
Corient Private Wealth LP 0.00% Reduce -39.1% 3,113 $210K
Concurrent Investment Advisors, LLC 0.00% No change 3,033 $204K
Harbor Investment Advisory, LLC 0.01% Add +19.0% 2,823 $190K
Capital Analysts, LLC 0.00% No change 2,613 $176K
Avalon Trust Co 0.01% No change 2,575 $173K
CoreCap Advisors, LLC 0.00% Reduce -3.7% 2,317 $156K
BOCHK Asset Management Ltd 0.02% New 2,100 $141K
Medallion Wealth Advisors, LLC 0.04% Reduce -8.0% 2,007 $135K
Institute for Wealth Management, LLC. 0.01% New 1,892 $127K
Caldwell Trust Co 0.01% No change 1,800 $121K
O'shaughnessy Asset Management, LLC 0.00% Add +215.3% 1,737 $117K
AE Wealth Management LLC 0.00% Reduce -42.2% 1,713 $115K
Cromwell Holdings LLC 0.05% New 1,650 $111K
Private Trust Co. NA 0.01% Reduce -3.8% 1,627 $110K
IFG Advisory, LLC 0.00% New 1,588 $107K
Stone House Investment Management, LLC 0.01% Add +0.7% 1,513 $102K
WestEnd Advisors, LLC 0.00% Add +3.0% 1,477 $99K
Geneos Wealth Management Inc. 0.00% Add +31.4% 1,322 $89K
AdvisorNet Financial, Inc 0.00% Reduce -8.8% 1,134 $76K
Hurley Capital, LLC 0.04% No change 1,100 $74K
Godfrey Financial Associates, Inc. 0.05% No change 1,063 $72K
Steward Partners Investment Advisory, LLC 0.00% Reduce -29.9% 787 $53K
Harbour Investments, Inc. 0.00% Add +0.4% 764 $51K
NBT Bank, N.A. 0.00% No change 750 $50K
Minot DeBlois Advisors LLC 0.04% No change 750 $50K
4Thought Financial Group Inc. 0.02% Reduce -13.9% 680 $46K
Cullen/Frost Bankers, Inc. 0.00% Add +55.7% 632 $43K
Angeles Wealth Management, LLC 0.00% No change 625 $42K
Assetmark, Inc. 0.00% Add +55.0% 600 $40K
Arax Advisory Partners 0.00% Add +445.9% 595 $40K
Cornerstone Planning Group LLC 0.00% Add +1.1% 540 $39K
Signaturefd, LLC 0.00% No change 525 $35K
St Germain D J Co. Inc. 0.00% Reduce -23.1% 496 $33K
Grove Bank & Trust 0.00% No change 485 $33K
Atlantic Union Bankshares Corp 0.00% Add +0.5% 407 $27K
Aptus Capital Advisors, LLC 0.00% Add +0.8% 363 $24K
Regions Financial Corp. 0.00% Add +4.5% 323 $22K
Parallel Advisors, LLC 0.00% Add +210.0% 310 $21K
SHP Wealth Management 0.00% Add +0.8% 236 $16K
Westside Investment Management, Inc. 0.00% New 225 $15K
Tanglewood Legacy Advisors, LLC 0.00% New 200 $13K
Cardiff Park Advisors, LLC 0.00% No change 200 $13K
Grey Ledge Advisors, LLC 0.00% Add +4.7% 199 $13K
Operose Advisors LLC 0.00% No change 189 $13K
Kayne Anderson Rudnick Investment Management LLC 0.00% No change 187 $13K
Guardian Partners Inc. 0.00% New 181 $12K
Thurston, Springer, Miller, Herd & Titak, Inc. 0.00% No change 170 $11K
Monetary Solutions, Ltd 0.01% New 138 $9K
Millstone Evans Group, LLC 0.00% No change 130 $9K
Cassaday & Co Wealth Management LLC 0.00% Reduce -66.3% 129 $9K
Lazard Asset Management LLC 0.00% New 118 $8K
Bank & Trust Co 0.00% No change 110 $7K
Spire Wealth Management 0.00% No change 106 $7K
Buck Wealth Strategies, LLC 0.00% New 104 $7K
Russell Investments Group, Ltd. 0.00% New 78 $5K
Franklin Resources Inc. 0.00% New 76 $5K
Allworth Financial LP 0.00% No change 75 $5K
Triumph Capital Management 0.00% No change 68 $5K
Brown, Lisle/Cummings, Inc. 0.00% No change 67 $5K
Global Retirement Partners, LLC 0.00% — 49 $3K
IFP Advisors, Inc 0.00% New 36 $2K
Lanark Financial, Inc. 0.00% No change 29 $2K
NFSG Corp 0.00% No change 18 $1K
Ameritas Advisory Services, LLC 0.00% New 14 $942
Trust Co. of Toledo NA 0.00% No change 13 $875
Ashton Thomas Private Wealth, LLC 0.00% No change 3 $202
Brooklands Fund Management Ltd 0.00% New 1 $68

"% of holder's portfolio" is GNR's weight in each manager's 13F, not the share of State Street SPDR S&P Global the manager owns.