Fund · State Street(R) SPDR(R) S&P(R) Dividend ETF · measured from SEC filings
SDY holdings
SDY reports 159 holdings and behaves like 104 equally weighted ones, computed from its SEC Form N-PORT filing for 2026-06-30. The fact sheet publishes the first number; this page computes the second, and traces it across 28 quarters of filings.
Measured concentration
as of 2026-06-30Read this figure with the following in mind
1.5% of net assets is securities-lending cash collateral, excluded from the figure; counted as filed the fund would read 102.0
The figure below is what the filing says, published unchanged. What it may not do is sit beside a plain long-only fund and be read as the same quantity. How comparability is decided.
Computed by this site from the fund's SEC Form N-PORT filing; what the measure does not tell you · every fund in one table · hold it with other funds? X-ray the mix. Pricing: 100% at a quoted market price (level 1), 6 issuer countries.
What stands out
as of 2026-06-30SDY's largest investment is Verizon Communications Inc at 2.14% of net assets. Realty Income Corp and Kenvue Inc follow; the three together are 6.03%. Ten companies are 17.08% of the fund; the other 149 share the rest. Among the 721 equity funds measured here, SDY behaves like 104 holdings against a median of 42.4 — 2.5 times the median. Across 28 quarterly filings SDY has held roughly steady since 2019-09-30 (91.7 then, 104 now). Between the 2026-03-31 and 2026-06-30 filings 1 positions were added and 0 dropped; 9.8% of the weight moved.
Each sentence is read from the fund's own SEC filing; the class median is computed across the comparable equity funds on this site. Nothing here is a view on the fund.
Every filing since 2019
28Between 2019-09-30 and 2026-06-30, SDY went from behaving like 91.7 equally weighted positions to 104 — 13% more, while its top ten went from 18.08% to 17.08% of net assets. Read across the funds on the concentration-over-time table.
| Period | Holdings | Effective | Top 10 | Largest |
|---|---|---|---|---|
| 2026-06-30 | 159 | 104 | 17.08% | 2.15% |
| 2026-03-31 | 157 | 92.1 | 20.75% | 3.69% |
| 2025-12-31 | 150 | 97.7 | 18.7% | 2.91% |
| 2025-09-30 | 152 | 96.2 | 18.98% | 2.73% |
| 2025-06-30 | 151 | 101.5 | 17.63% | 2.42% |
| 2025-03-31 | 151 | 94.5 | 19.85% | 3.15% |
| 2024-12-31 | 135 | 94.6 | 17.87% | 2.23% |
| 2024-09-30 | 136 | 90.1 | 19.32% | 2.8% |
Earlier filings (20 more, back to 2019-09-30)
| Period | Holdings | Effective | Top 10 | Largest |
|---|---|---|---|---|
| 2024-06-30 | 135 | 92.6 | 18.43% | 2.61% |
| 2024-03-31 | 138 | 96.9 | 17.94% | 2.39% |
| 2023-12-31 | 123 | 82 | 21.38% | 3.29% |
| 2023-09-30 | 122 | 81 | 22.12% | 2.96% |
| 2023-06-30 | 139 | 96.7 | 17.73% | 2.72% |
| 2023-03-31 | 123 | 99.7 | 15.64% | 1.8% |
| 2022-12-31 | 120 | 94.2 | 18.02% | 2.07% |
| 2022-09-30 | 120 | 97.5 | 16.05% | 1.72% |
| 2022-06-30 | 121 | 92.3 | 17.87% | 2.2% |
| 2022-03-31 | 121 | 89.6 | 19.6% | 2.63% |
| 2021-12-31 | 115 | 86.8 | 19.87% | 2.82% |
| 2021-09-30 | 113 | 85.7 | 20.2% | 2.94% |
| 2021-06-30 | 113 | 85.4 | 20.46% | 2.81% |
| 2021-03-31 | 113 | 79.8 | 22.27% | 3.44% |
| 2020-12-31 | 118 | 82 | 22.32% | 3.72% |
| 2020-09-30 | 118 | 94.2 | 17.42% | 2.13% |
| 2020-06-30 | 120 | 89.9 | 19.2% | 2.34% |
| 2020-03-31 | 120 | 98.2 | 17.15% | 2.39% |
| 2019-12-31 | 113 | 92.7 | 17.72% | 2.36% |
| 2019-09-30 | 113 | 91.7 | 18.08% | 2.64% |
One row per filed reporting period, newest first, read from EDGAR. Quarterly because that is the public filing cadence. Rows marked * are published but held out of the comparison above; the methodology page says when and why.
As filed, collateral included
1.49% collateralSDY's filing lists 160 positions including 1.49% of net assets in securities-lending cash collateral. Counted as filed the fund reads 102 effective holdings with a top ten of 17.09%; on its own investments — the figure above — it reads 104 with a top ten of 17.08%. The collateral is matched by a liability and is not a holding the fund chose; since 2026-09-18 every figure on this site sets it aside (methodology). Both numbers are in the data.
Largest positions, as filed
as of 2026-06-30The 15 largest of 159 positions in SDY's Form N-PORT, weight as a share of net assets, securities-lending collateral excluded. Every position, every quarter: SDY.csv.gz.
| # | Position | Weight | Cumulative |
|---|---|---|---|
| 1 | Verizon Communications Inc | 2.15% | 2.1% |
| 2 | Realty Income Corp | 2.14% | 4.3% |
| 3 | Kenvue Inc | 1.76% | 6.0% |
| 4 | Kimberly-Clark Corp | 1.75% | 7.8% |
| 5 | AbbVie Inc | 1.62% | 9.4% |
| 6 | QUALCOMM Inc | 1.57% | 11.0% |
| 7 | Texas Instruments Inc | 1.56% | 12.5% |
| 8 | Target Corp | 1.55% | 14.1% |
| 9 | Automatic Data Processing Inc | 1.54% | 15.6% |
| 10 | Edison International | 1.45% | 17.1% |
| 11 | Sysco Corp | 1.41% | 18.5% |
| 12 | WEC Energy Group Inc | 1.41% | 19.9% |
| 13 | Eversource Energy | 1.35% | 21.2% |
| 14 | Consolidated Edison Inc | 1.34% | 22.6% |
| 15 | PepsiCo Inc | 1.33% | 23.9% |
By country of issuer
as of 2026-06-30Share of SDY's own investments by the issuer country the filer reported (incorporation, not revenue). Each country links to every fund that holds it.
| Country | Share |
|---|---|
| United States | 94.02% |
| Ireland° | 3.70% |
| Jersey° | 0.93% |
| Canada | 0.60% |
| Switzerland | 0.51% |
| Bermuda° | 0.23% |
Returns the fund reported
2019-07 – 2026-06Monthly total returns from Item B.5 of SDY's own filings, 84 months on record. Not computed here and not from a price feed.
Cross-checked against a series computed separately from prices: median difference 0.05 percentage points over 84 months, which is roughly the distributions. Every month with the filing it came from: SDY.json · all funds.
Who borrows SDY's shares
2026-06-30The fund lends its holdings, and Item B.4.a of the filing names every firm holding them. At 2026-06-30, $1.1bn was out to 24 borrowers, 4.98% of net assets. The largest, BARCLAYS BANK PLC, held 60.3% of it.
| Borrower | On loan | Share of the loan |
|---|---|---|
| BARCLAYS BANK PLC | $642m | 60.3% |
| TD SECURITIES (USA), LLC | $157m | 14.7% |
| CITIGROUP GLOBAL MARKETS INC. | $57m | 5.4% |
| UBS AG | $55m | 5.2% |
| BofA Securities, Inc. | $52m | 4.8% |
Cash collateral reported against the loan: 1.49% of net assets, 29.9% of the amount lent. That is a floor on the collateral, not the whole of it — collateral the fund does not hold as a position is not in this filing, so a figure under 100% is not evidence of under-collateralisation. How that figure behaves across all funds. Every quarter SDY has filed, with each borrower: SDY.json · all funds.
Since the previous filing
2026-03-31 → 2026-06-30156 positions became 157: 1 added (0.0% of the fund at the later date), 0 dropped (0.0% at the earlier date). Half the sum of all weight changes, a turnover proxy: 9.8%. Positions are matched on identifiers, so a security whose identifier changed shows as one drop and one add. Every filing of SDY compared this way, as a feed: changes.xml · all funds: filings received.
| Largest increases | 2026-03-31 | 2026-06-30 | Largest decreases | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|
| QUALCOMM Inc | 0.73% | 1.57% | Verizon Communications Inc | 3.69% | 2.15% |
| Automatic Data Processing Inc | 0.89% | 1.54% | Chevron Corp | 2.37% | 1.28% |
| International Business Machines Corp | 0.79% | 1.27% | Exxon Mobil Corp | 1.85% | 0.93% |
| Becton Dickinson & Co | 0.70% | 1.07% | Target Corp | 2.27% | 1.55% |
| AbbVie Inc | 1.30% | 1.62% | PepsiCo Inc | 1.79% | 1.33% |
| Microchip Technology Inc | 1.03% | 1.32% | Lockheed Martin Corp | 1.25% | 0.85% |
New: Chicago Mercantile Exchange (0.00%).
Asset categories and pricing
as of 2026-06-3098.40% equity, 1.60% short-term investment as filed; 100.0% carried at a quoted market price (fair-value level 1). Categories and levels are the filer's; what a low level-1 share does and does not mean is in the measure's page.
Derivative exposure and counterparties
as of 2026-06-30A position count cannot describe a fund that uses derivatives, because a swap is filed at its unrealised gain, not its exposure. These are the notionals the fund itself reported, against net assets of $21.39B. Notional of an interest-rate or currency swap is not equity exposure.
Full detail for every fund that files derivatives: leverage.json (CC BY 4.0).
Neighbours by effective holdings, equity funds
10Every measured equity fund lined up by how many holdings it behaves like; these sit either side of SDY (104). Same filings, same arithmetic. Position in this list says nothing about which fund is better.
| Fund | Reports | Behaves like | Top ten | As of |
|---|---|---|---|---|
| DMXF iShares ESG Advanced MSCI EAFE ETF | 425 | 102 | 21.93% | 2026-05-31 |
| JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF | 127 | 102.1 | 16.64% | 2026-07-31 |
| KBE State Street(R) SPDR(R) S&P(R) Bank ETF | 106 | 102.8 | 10.47% | 2026-06-30 |
| BBEU JPMorgan BetaBuilders Europe ETF | 359 | 103.8 | 21.57% | 2026-07-31 |
| KRE State Street(R) SPDR(R) S&P(R) Regional Banking ETF | 164 | 103.8 | 13.59% | 2026-06-30 |
| IWP iShares Russell Mid-Cap Growth ETF | 269 | 104.8 | 19.71% | 2026-06-30 |
| FEM First Trust Emerging Markets AlphaDEX Fund | 153 | 104.8 | 18.43% | 2026-06-30 |
| DOL WisdomTree True Developed International Fund | 301 | 105.9 | 20.01% | 2026-06-30 |
| DSPY Tema S&P 500 Historical Weight ETF Strategy | 504 | 107.1 | 22.79% | 2026-05-31 |
| XSVM Invesco S&P SmallCap Value with Momentum ETF | 119 | 107.7 | 15.15% | 2026-07-31 |
Essays that examine SDY
0Mentions are detected across the full text of every article, so an appearance may be a passing comparison rather than the subject. Nothing here is a recommendation to buy or sell — see the disclaimer.