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Util Slct Sector SPDR Fund
Util Slct Sector SPDR Fund. Institutional holdings reported to the SEC.

Institutional Holders (2014Q4)
Portfolio Summary: 35 Institutional holders with a total value of $189,049,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 Veritable, L.P. 1,086,883 51,323,000 27.15%
2 UNITED CAPITAL FINANCIAL ADVISORS, LLC 925,059 43,681,000 23.11%
3 CUMBERLAND ADVISORS INC 322,995 15,252,000 8.07%
4 AVIANCE CAPITAL MANAGEMENT, LLC 266,571 12,588,000 6.66%
5 Patriot Wealth Management, Inc. 183,950 8,686,000 4.59%
6 Spruce Investment Advisors LLC 177,702 8,391,000 4.44%
7 Karp Capital Management Corp 115,881 5,472,000 2.89%
8 BAINCO INTERNATIONAL INVESTORS 105,320 4,973,000 2.63%
9 Hugh Johnson Advisors LLC 97,175 4,589,000 2.43%
10 DOWLING & YAHNKE LLC 79,961 3,776,000 2.00%
11 AVALON CAPITAL MANAGEMENT 74,948 3,539,000 1.87%
12 Barry Investment Advisors, LLC 67,764 3,200,000 1.69%
13 Leisure Capital Management 60,898 2,876,000 1.52%
14 Foothills Asset Management, Ltd. 56,025 2,646,000 1.40%
15 BOSTON RESEARCH & MANAGEMENT INC 49,740 2,348,000 1.24%
16 STUYVESANT CAPITAL MANAGEMENT 43,673 2,062,000 1.09%
17 ARS Investment Partners, LLC 33,242 1,570,000 0.83%
18 WOODMONT INVESTMENT COUNSEL LLC 30,920 1,460,000 0.77%
19 Regis Management CO LLC 30,226 1,427,000 0.75%
20 KCM INVESTMENT ADVISORS LLC 26,304 1,242,000 0.66%
21 DUMONT & BLAKE INVESTMENT ADVISORS LLC 22,170 1,047,000 0.55%
22 SMITH HAYES Advisers, Inc 21,008 992,000 0.52%
23 Cetera Advisors LLC 19,337 916,000 0.48%
24 HOLLENCREST CAPITAL MANAGEMENT 19,132 903,000 0.48%
25 Cetera Advisor Networks LLC 16,739 790,000 0.42%
26 OUTFITTER ADVISORS, LTD. 13,255 626,000 0.33%
27 CONTRAVISORY INVESTMENT MANAGEMENT, INC. 11,810 558,000 0.30%
28 D L CARLSON INVESTMENT GROUP INC 8,968 423,000 0.22%
29 FERGUSON WELLMAN CAPITAL MANAGEMENT, INC 7,160 338,000 0.18%
30 Sequent Asset Management, LLC 6,958 328,000 0.17%
31 CATAWBA CAPITAL MANAGEMENT /VA 6,645 314,000 0.17%
32 ELM ADVISORS, LLC 5,150 243,000 0.13%
33 CIM, LLC 4,795 226,000 0.12%
34 Endurance Wealth Management, Inc. 4,552 214,000 0.11%
35 Bollard Group LLC 641 30,000 0.02%

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.