Semi-Annual Report
March 31, 2023
SPDR® S&P 500® ETF Trust
A Unit Investment Trust
“Standard & Poor’s®”, “S&P®”, “S&P 500®”, “Standard & Poor’s 500®”, “500®”, “Standard & Poor’s Depositary Receipts®”, “SPDR®” and “SPDRs®” are trademarks of Standard & Poor’s Financial Services
LLC and have been licensed for use by S&P Dow Jones Indices LLC (“S&P”) and sublicensed for use by State Street Global Advisors Funds Distributors, LLC.
SPDR® S&P 500® ETF Trust is permitted to use these trademarks pursuant to a sublicense from
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sponsored, endorsed, sold or promoted by S&P, its affiliates or its third party licensors.
SPDR S&P 500® ETF Trust
Semi-Annual Report
March 31, 2023
(Unaudited)
SPDR S&P 500® ETF Trust
Schedule of Investments
March 31, 2023 (Unaudited)
Common
Stocks |
Shares
|
Value
|
3M
Co.
|
5,974,775
|
$
628,008,600 |
A O Smith
Corp.
|
1,382,333
|
95,588,327
|
Abbott
Laboratories
|
18,877,102
|
1,911,495,348
|
AbbVie,
Inc.
|
19,146,680
|
3,051,406,392
|
Accenture PLC Class
A |
6,818,016
|
1,948,657,153
|
Activision Blizzard,
Inc.
|
7,710,638
|
659,953,506
|
Adobe, Inc.
(a)
|
4,956,428
|
1,910,058,658
|
Advance Auto Parts,
Inc.
|
652,472
|
79,347,120
|
Advanced Micro Devices, Inc.
(a)
|
17,456,385
|
1,710,900,294
|
AES
Corp.
|
7,231,675
|
174,138,734
|
Aflac,
Inc.
|
6,115,529
|
394,573,931
|
Agilent Technologies,
Inc.
|
3,199,635
|
442,637,506
|
Air Products & Chemicals,
Inc.
|
2,397,477
|
688,579,369
|
Akamai Technologies, Inc.
(a)
|
1,710,214
|
133,909,756
|
Alaska Air Group, Inc.
(a)
|
1,334,316
|
55,987,899
|
Albemarle
Corp.
|
1,266,096
|
279,857,860
|
Alexandria Real Estate Equities, Inc.
REIT
|
1,705,252
|
214,162,599
|
Align Technology, Inc.
(a)
|
783,967
|
261,954,733
|
Allegion
PLC
|
957,303
|
102,172,949
|
Alliant Energy
Corp.
|
2,717,729
|
145,126,729
|
Allstate
Corp.
|
2,866,579
|
317,645,619
|
Alphabet, Inc. Class A
(a)
|
64,483,522
|
6,688,875,737
|
Alphabet, Inc. Class C
(a)
|
56,213,704
|
5,846,225,216
|
Altria Group,
Inc.
|
19,398,924
|
865,579,989
|
Amazon.com, Inc.
(a)
|
96,520,853
|
9,969,638,906
|
Amcor
PLC
|
16,203,517
|
184,396,023
|
Ameren
Corp.
|
2,794,321
|
241,401,391
|
American Airlines Group, Inc.
(a)
|
7,044,237
|
103,902,496
|
American Electric Power Co.,
Inc.
|
5,553,904
|
505,349,725
|
American Express
Co.
|
6,460,433
|
1,065,648,423
|
American International Group,
Inc.
|
8,031,127
|
404,447,556
|
American Tower Corp.
REIT
|
5,032,928
|
1,028,428,508
|
American Water Works Co.,
Inc.
|
2,089,210
|
306,048,373
|
Common
Stocks |
Shares
|
Value
|
Ameriprise Financial,
Inc.
|
1,150,104
|
$
352,506,876 |
AmerisourceBergen
Corp.
|
1,750,838
|
280,326,672
|
AMETEK,
Inc.
|
2,486,387
|
361,346,623
|
Amgen,
Inc.
|
5,781,159
|
1,397,595,188
|
Amphenol Corp. Class
A |
6,432,611
|
525,672,971
|
Analog Devices,
Inc.
|
5,487,548
|
1,082,254,217
|
ANSYS, Inc.
(a)
|
943,087
|
313,859,354
|
Aon PLC Class
A |
2,236,077
|
705,012,717
|
APA
Corp.
|
3,518,026
|
126,860,018
|
Apple,
Inc.
|
161,020,782
|
26,552,326,952
|
Applied Materials,
Inc.
|
9,127,736
|
1,121,159,813
|
Aptiv PLC
(a)
|
2,928,969
|
328,601,032
|
Arch Capital Group Ltd.
(a)
|
3,998,146
|
271,354,169
|
Archer-Daniels-Midland
Co.
|
5,937,916
|
473,014,389
|
Arista Networks, Inc.
(a)
|
2,679,538
|
449,787,249
|
Arthur J Gallagher &
Co.
|
2,296,327
|
439,310,318
|
Assurant,
Inc.
|
573,947
|
68,913,816
|
AT&T,
Inc.
|
77,172,362
|
1,485,567,968
|
Atmos Energy
Corp.
|
1,550,011
|
174,159,236
|
Autodesk, Inc.
(a)
|
2,337,863
|
486,649,562
|
Automatic Data Processing,
Inc.
|
4,486,062
|
998,731,983
|
AutoZone, Inc.
(a)
|
203,159
|
499,395,296
|
AvalonBay Communities, Inc.
REIT
|
1,512,406
|
254,174,952
|
Avery Dennison
Corp.
|
884,631
|
158,287,025
|
Baker Hughes
Co.
|
10,823,285
|
312,360,005
|
Ball
Corp.
|
3,385,035
|
186,549,279
|
Bank of America
Corp.
|
75,564,848
|
2,161,154,653
|
Bank of New York Mellon
Corp.
|
7,920,693
|
359,916,290
|
Bath & Body Works,
Inc.
|
2,455,987
|
89,840,004
|
Baxter International,
Inc.
|
5,463,904
|
221,615,946
|
Becton Dickinson &
Co.
|
3,071,539
|
760,328,764
|
Berkshire Hathaway, Inc. Class B
(a)
|
19,506,556
|
6,023,039,296
|
Best Buy Co.,
Inc.
|
2,174,147
|
170,170,486
|
Biogen, Inc.
(a)
|
1,561,163
|
434,050,149
|
Bio-Rad Laboratories, Inc. Class A
(a)
|
229,293
|
109,835,933
|
See accompanying notes to financial statements.
1
SPDR S&P 500® ETF Trust
Schedule of Investments (continued)
March 31, 2023 (Unaudited)
Common
Stocks |
Shares
|
Value
|
Bio-Techne
Corp.
|
1,702,745
|
$
126,326,652 |
BlackRock,
Inc.
|
1,624,105
|
1,086,721,138
|
Boeing Co.
(a)
|
6,088,285
|
1,293,334,383
|
Booking Holdings, Inc.
(a)
|
419,331
|
1,112,237,738
|
BorgWarner,
Inc.
|
2,569,281
|
126,177,390
|
Boston Properties, Inc.
REIT
|
1,514,825
|
81,982,329
|
Boston Scientific Corp.
(a)
|
15,481,936
|
774,561,258
|
Bristol-Myers Squibb
Co.
|
23,019,226
|
1,595,462,554
|
Broadcom,
Inc.
|
4,524,338
|
2,902,543,800
|
Broadridge Financial Solutions,
Inc.
|
1,271,827
|
186,411,683
|
Brown & Brown,
Inc.
|
2,544,897
|
146,127,986
|
Brown-Forman Corp. Class
B |
1,948,431
|
125,225,660
|
Bunge
Ltd.
|
1,625,658
|
155,282,852
|
C.H. Robinson Worldwide,
Inc.
|
1,272,199
|
126,418,415
|
Cadence Design Systems, Inc.
(a)
|
2,969,980
|
623,963,098
|
Caesars Entertainment, Inc.
(a)
|
2,288,693
|
111,711,105
|
Camden Property Trust
REIT
|
1,192,386
|
125,009,748
|
Campbell Soup
Co.
|
2,180,029
|
119,857,994
|
Capital One Financial
Corp.
|
4,135,030
|
397,624,485
|
Cardinal Health,
Inc.
|
2,833,578
|
213,935,139
|
CarMax, Inc.
(a)
|
1,738,615
|
111,758,172
|
Carnival Corp.
(a)
|
10,849,792
|
110,125,389
|
Carrier Global
Corp.
|
9,066,918
|
414,811,498
|
Catalent, Inc.
(a)
|
1,949,767
|
128,119,190
|
Caterpillar,
Inc.
|
5,634,247
|
1,289,341,083
|
Cboe Global Markets,
Inc.
|
1,137,772
|
152,734,513
|
CBRE Group, Inc. Class A
(a)
|
3,414,891
|
248,638,214
|
CDW
Corp.
|
1,465,803
|
285,670,347
|
Celanese
Corp.
|
1,073,754
|
116,921,073
|
Centene Corp.
(a)
|
5,962,820
|
376,909,852
|
CenterPoint Energy,
Inc.
|
6,815,745
|
200,791,848
|
Common
Stocks |
Shares
|
Value
|
Ceridian HCM Holding, Inc.
(a)
|
1,648,769
|
$
120,722,866 |
CF Industries Holdings,
Inc.
|
2,120,582
|
153,720,989
|
Charles River Laboratories International, Inc.
(a)
|
550,851
|
111,172,749
|
Charles Schwab
Corp.
|
16,514,013
|
865,004,001
|
Charter Communications, Inc. Class A
(a)
|
1,140,366
|
407,806,285
|
Chevron
Corp.
|
19,260,084
|
3,142,475,305
|
Chipotle Mexican Grill, Inc.
(a)
|
299,064
|
510,888,041
|
Chubb
Ltd.
|
4,486,017
|
871,094,781
|
Church & Dwight Co.,
Inc.
|
2,640,307
|
233,429,542
|
Cigna
Group
|
3,233,643
|
826,292,796
|
Cincinnati Financial
Corp.
|
1,714,378
|
192,147,486
|
Cintas
Corp.
|
935,210
|
432,702,963
|
Cisco Systems,
Inc.
|
44,477,032
|
2,325,036,848
|
Citigroup,
Inc.
|
20,934,666
|
981,626,489
|
Citizens Financial Group,
Inc.
|
5,298,212
|
160,906,698
|
Clorox
Co.
|
1,337,298
|
211,614,036
|
CME Group,
Inc.
|
3,888,401
|
744,706,560
|
CMS Energy
Corp.
|
3,153,379
|
193,554,403
|
Coca-Cola
Co.
|
42,137,996
|
2,613,819,892
|
Cognizant Technology Solutions Corp. Class
A |
5,571,781
|
339,488,616
|
Colgate-Palmolive
Co.
|
9,042,570
|
679,549,135
|
Comcast Corp. Class
A |
45,543,502
|
1,726,554,161
|
Comerica,
Inc.
|
1,417,888
|
61,564,697
|
Conagra Brands,
Inc.
|
5,124,060
|
192,459,694
|
ConocoPhillips
|
13,250,249
|
1,314,557,203
|
Consolidated Edison,
Inc.
|
3,835,912
|
366,981,701
|
Constellation Brands, Inc. Class
A |
1,753,929
|
396,195,022
|
Constellation Energy
Corp.
|
3,534,031
|
277,421,433
|
Cooper Cos.,
Inc.
|
534,355
|
199,506,783
|
Copart, Inc.
(a)
|
4,632,060
|
348,377,233
|
See accompanying notes to financial statements.
2
SPDR S&P 500® ETF Trust
Schedule of Investments (continued)
March 31, 2023 (Unaudited)
Common
Stocks |
Shares
|
Value
|
Corning,
Inc.
|
8,241,552
|
$
290,761,955 |
Corteva,
Inc.
|
7,733,423
|
466,402,741
|
CoStar Group, Inc.
(a)
|
4,396,078
|
302,669,970
|
Costco Wholesale
Corp.
|
4,804,107
|
2,387,016,645
|
Coterra Energy,
Inc.
|
8,562,672
|
210,127,971
|
Crown Castle, Inc.
REIT
|
4,680,216
|
626,400,109
|
CSX
Corp.
|
22,725,034
|
680,387,518
|
Cummins,
Inc.
|
1,529,814
|
365,441,968
|
CVS Health
Corp.
|
13,902,606
|
1,033,102,652
|
Danaher
Corp.
|
7,096,538
|
1,788,611,438
|
Darden Restaurants,
Inc.
|
1,320,468
|
204,883,815
|
DaVita, Inc.
(a)
|
599,973
|
48,663,810
|
Deere &
Co.
|
2,927,724
|
1,208,798,685
|
Delta Air Lines, Inc.
(a)
|
6,942,501
|
242,432,135
|
DENTSPLY SIRONA,
Inc.
|
2,331,625
|
91,586,230
|
Devon Energy
Corp.
|
7,052,914
|
356,947,978
|
Dexcom, Inc.
(a)
|
4,174,930
|
485,043,367
|
Diamondback Energy,
Inc.
|
1,989,665
|
268,943,018
|
Digital Realty Trust, Inc.
REIT
|
3,095,282
|
304,297,173
|
Discover Financial
Services
|
2,890,681
|
285,714,910
|
DISH Network Corp. Class A
(a)
|
2,657,937
|
24,798,552
|
Dollar General
Corp.
|
2,420,557
|
509,430,426
|
Dollar Tree, Inc.
(a)
|
2,273,837
|
326,409,301
|
Dominion Energy,
Inc.
|
9,021,596
|
504,397,432
|
Domino's Pizza,
Inc.
|
386,432
|
127,472,324
|
Dover
Corp.
|
1,516,737
|
230,453,020
|
Dow,
Inc.
|
7,605,996
|
416,960,701
|
DR Horton,
Inc.
|
3,382,894
|
330,474,915
|
DTE Energy
Co.
|
2,097,632
|
229,774,609
|
Duke Energy
Corp.
|
8,323,987
|
803,015,026
|
DuPont de Nemours,
Inc.
|
4,959,938
|
355,974,750
|
DXC Technology Co.
(a)
|
2,475,132
|
63,264,374
|
Eastman Chemical
Co.
|
1,296,733
|
109,366,461
|
Eaton Corp.
PLC
|
4,305,778
|
737,752,003
|
eBay,
Inc.
|
5,865,330
|
260,244,692
|
Ecolab,
Inc.
|
2,682,806
|
444,084,877
|
Edison
International
|
4,127,891
|
291,387,826
|
Common
Stocks |
Shares
|
Value
|
Edwards Lifesciences Corp.
(a)
|
6,686,638
|
$
553,185,562 |
Electronic Arts,
Inc.
|
2,845,487
|
342,738,909
|
Elevance Health,
Inc.
|
2,585,767
|
1,188,961,524
|
Eli Lilly &
Co.
|
8,538,418
|
2,932,263,510
|
Emerson Electric
Co.
|
6,185,999
|
539,047,953
|
Enphase Energy, Inc.
(a)
|
1,471,564
|
309,440,478
|
Entergy
Corp.
|
2,203,092
|
237,361,132
|
EOG Resources,
Inc.
|
6,348,487
|
727,727,065
|
EPAM Systems, Inc.
(a)
|
617,959
|
184,769,741
|
EQT
Corp.
|
3,930,993
|
125,437,987
|
Equifax,
Inc.
|
1,323,383
|
268,435,008
|
Equinix, Inc.
REIT
|
1,000,272
|
721,236,123
|
Equity Residential
REIT
|
3,687,407
|
221,244,420
|
Essex Property Trust, Inc.
REIT
|
693,254
|
144,987,142
|
Estee Lauder Cos., Inc. Class
A |
2,508,265
|
618,186,992
|
Etsy, Inc.
(a)
|
1,355,032
|
150,855,713
|
Everest Re Group
Ltd.
|
425,361
|
152,287,745
|
Evergy,
Inc.
|
2,485,073
|
151,887,662
|
Eversource
Energy
|
3,770,946
|
295,114,234
|
Exelon
Corp.
|
10,758,865
|
450,688,855
|
Expedia Group, Inc.
(a)
|
1,608,797
|
156,101,573
|
Expeditors International of Washington,
Inc.
|
1,720,151
|
189,423,028
|
Extra Space Storage, Inc.
REIT
|
1,449,951
|
236,240,516
|
Exxon Mobil
Corp.
|
44,584,205
|
4,889,103,920
|
F5, Inc.
(a)
|
640,372
|
93,295,797
|
FactSet Research Systems,
Inc.
|
414,149
|
171,909,108
|
Fair Isaac Corp.
(a)
|
272,330
|
191,363,568
|
Fastenal
Co.
|
6,180,253
|
333,362,847
|
Federal Realty Investment Trust
REIT
|
790,334
|
78,108,709
|
FedEx
Corp.
|
2,514,063
|
574,438,255
|
Fidelity National Information Services,
Inc.
|
6,414,073
|
348,476,586
|
Fifth Third
Bancorp
|
7,419,871
|
197,665,363
|
First Republic
Bank
|
1,967,378
|
27,523,618
|
First Solar, Inc.
(a)
|
1,071,661
|
233,086,267
|
See accompanying notes to financial statements.
3
SPDR S&P 500® ETF Trust
Schedule of Investments (continued)
March 31, 2023 (Unaudited)
Common
Stocks |
Shares
|
Value
|
FirstEnergy
Corp.
|
5,846,717
|
$
234,219,483 |
Fiserv, Inc.
(a)
|
6,863,238
|
775,751,791
|
FleetCor Technologies, Inc.
(a)
|
797,210
|
168,091,728
|
FMC
Corp.
|
1,356,828
|
165,709,404
|
Ford Motor
Co.
|
42,535,875
|
535,952,025
|
Fortinet, Inc.
(a)
|
7,008,031
|
465,753,740
|
Fortive
Corp.
|
3,823,134
|
260,623,045
|
Fox Corp. Class
A |
3,303,646
|
112,489,146
|
Fox Corp. Class
B |
1,505,991
|
47,152,578
|
Franklin Resources,
Inc.
|
3,087,763
|
83,184,335
|
Freeport-McMoRan,
Inc.
|
15,474,848
|
633,076,032
|
Garmin
Ltd.
|
1,661,973
|
167,726,315
|
Gartner, Inc.
(a)
|
852,082
|
277,582,753
|
GE HealthCare, Inc.
(a)
|
3,924,334
|
321,913,145
|
Gen Digital,
Inc.
|
6,205,090
|
106,479,344
|
Generac Holdings, Inc.
(a)
|
673,214
|
72,713,844
|
General Dynamics
Corp.
|
2,436,402
|
556,011,300
|
General Electric
Co.
|
11,773,358
|
1,125,533,025
|
General Mills,
Inc.
|
6,418,586
|
548,532,360
|
General Motors
Co.
|
15,099,228
|
553,839,683
|
Genuine Parts
Co.
|
1,528,300
|
255,699,873
|
Gilead Sciences,
Inc.
|
13,500,866
|
1,120,166,852
|
Global Payments,
Inc.
|
2,848,246
|
299,749,409
|
Globe Life,
Inc.
|
974,742
|
107,241,115
|
Goldman Sachs Group,
Inc.
|
3,666,238
|
1,199,263,112
|
Halliburton
Co.
|
9,815,702
|
310,568,811
|
Hartford Financial Services Group,
Inc.
|
3,438,124
|
239,602,862
|
Hasbro,
Inc.
|
1,372,658
|
73,698,008
|
HCA Healthcare,
Inc.
|
2,291,738
|
604,285,476
|
Healthpeak Properties, Inc.
REIT
|
5,919,784
|
130,057,654
|
Henry Schein, Inc.
(a)
|
1,465,181
|
119,470,859
|
Hershey
Co.
|
1,591,155
|
404,805,744
|
Hess
Corp.
|
3,004,182
|
397,573,446
|
Hewlett Packard Enterprise
Co.
|
13,940,637
|
222,074,347
|
Hilton Worldwide Holdings,
Inc.
|
2,884,804
|
406,382,339
|
Hologic, Inc.
(a)
|
2,699,098
|
217,817,209
|
Common
Stocks |
Shares
|
Value
|
Home Depot,
Inc.
|
11,034,350
|
$
3,256,457,372 |
Honeywell International,
Inc.
|
7,233,720
|
1,382,508,566
|
Hormel Foods
Corp.
|
3,116,831
|
124,299,220
|
Host Hotels & Resorts, Inc.
REIT
|
7,741,367
|
127,655,142
|
Howmet Aerospace,
Inc.
|
3,978,253
|
168,558,580
|
HP,
Inc.
|
9,357,325
|
274,637,489
|
Humana,
Inc.
|
1,353,077
|
656,864,760
|
Huntington Bancshares,
Inc.
|
15,454,833
|
173,094,130
|
Huntington Ingalls Industries,
Inc.
|
428,166
|
88,638,925
|
IDEX
Corp.
|
810,752
|
187,308,035
|
IDEXX Laboratories, Inc.
(a)
|
897,130
|
448,636,770
|
Illinois Tool Works,
Inc.
|
3,021,359
|
735,549,849
|
Illumina, Inc.
(a)
|
1,700,064
|
395,349,883
|
Incyte Corp.
(a)
|
2,007,354
|
145,071,474
|
Ingersoll Rand,
Inc.
|
4,384,058
|
255,064,494
|
Insulet Corp.
(a)
|
753,502
|
240,336,998
|
Intel
Corp.
|
44,789,867
|
1,463,284,955
|
Intercontinental Exchange, Inc.
(b)
|
6,050,438
|
631,000,179
|
International Business Machines
Corp.
|
9,788,685
|
1,283,198,717
|
International Flavors & Fragrances,
Inc.
|
2,755,713
|
253,415,367
|
International Paper
Co.
|
3,896,560
|
140,509,954
|
Interpublic Group of Cos.,
Inc.
|
4,200,298
|
156,419,098
|
Intuit,
Inc.
|
3,046,716
|
1,358,317,394
|
Intuitive Surgical, Inc.
(a)
|
3,793,568
|
969,142,817
|
Invesco
Ltd.
|
4,898,412
|
80,333,957
|
Invitation Homes, Inc.
REIT
|
6,243,409
|
194,981,663
|
IQVIA Holdings, Inc.
(a)
|
2,007,922
|
399,355,607
|
Iron Mountain, Inc.
REIT
|
3,147,488
|
166,533,590
|
J.B. Hunt Transport Services,
Inc.
|
897,279
|
157,436,573
|
J.M. Smucker
Co.
|
1,155,971
|
181,915,156
|
Jack Henry & Associates,
Inc.
|
787,659
|
118,715,964
|
See accompanying notes to financial statements.
4
SPDR S&P 500® ETF Trust
Schedule of Investments (continued)
March 31, 2023 (Unaudited)
Common
Stocks |
Shares
|
Value
|
Jacobs Solutions,
Inc.
|
1,389,631
|
$
163,295,539 |
Johnson &
Johnson
|
28,306,105
|
4,387,446,275
|
Johnson Controls International
PLC
|
7,418,050
|
446,714,971
|
JPMorgan Chase &
Co.
|
31,756,752
|
4,138,222,353
|
Juniper Networks,
Inc.
|
3,467,917
|
119,365,703
|
Kellogg
Co.
|
2,766,908
|
185,272,160
|
Keurig Dr Pepper
Inc.
|
9,149,859
|
322,807,026
|
KeyCorp
|
10,104,791
|
126,511,983
|
Keysight Technologies, Inc.
(a)
|
1,938,702
|
313,061,599
|
Kimberly-Clark
Corp.
|
3,654,110
|
490,454,644
|
Kimco Realty Corp.
REIT
|
6,602,837
|
128,953,407
|
Kinder Morgan,
Inc.
|
21,354,561
|
373,918,363
|
KLA
Corp.
|
1,499,284
|
598,469,194
|
Kraft Heinz
Co.
|
8,578,585
|
331,733,882
|
Kroger
Co.
|
7,042,639
|
347,695,087
|
L3Harris Technologies,
Inc.
|
2,059,495
|
404,155,299
|
Laboratory Corp. of America
Holdings
|
957,737
|
219,724,023
|
Lam Research
Corp.
|
1,460,926
|
774,466,091
|
Lamb Weston Holdings,
Inc.
|
1,546,726
|
161,663,802
|
Las Vegas Sands Corp.
(a)
|
3,538,413
|
203,281,827
|
Leidos Holdings,
Inc.
|
1,469,253
|
135,259,431
|
Lennar Corp. Class
A |
2,746,198
|
288,652,872
|
Lincoln National
Corp.
|
1,668,738
|
37,496,543
|
Linde
PLC
|
5,390,944
|
1,916,157,135
|
Live Nation Entertainment, Inc.
(a)
|
1,529,832
|
107,088,240
|
LKQ
Corp.
|
2,743,308
|
155,710,162
|
Lockheed Martin
Corp.
|
2,459,957
|
1,162,895,473
|
Loews
Corp.
|
2,100,863
|
121,892,071
|
Lowe's Cos.,
Inc.
|
6,546,958
|
1,309,195,191
|
LyondellBasell Industries NV Class
A |
2,740,898
|
257,342,913
|
M&T Bank
Corp.
|
1,832,817
|
219,149,929
|
Marathon Oil
Corp.
|
6,864,068
|
164,463,069
|
Marathon Petroleum
Corp.
|
4,915,248
|
662,722,888
|
Common
Stocks |
Shares
|
Value
|
MarketAxess Holdings,
Inc.
|
405,402
|
$
158,629,749 |
Marriott International, Inc. Class
A |
2,908,422
|
482,914,389
|
Marsh & McLennan Cos.,
Inc.
|
5,361,065
|
892,885,376
|
Martin Marietta Materials,
Inc.
|
672,210
|
238,674,883
|
Masco
Corp.
|
2,429,380
|
120,788,774
|
Mastercard, Inc. Class
A |
9,134,631
|
3,319,616,252
|
Match Group, Inc.
(a)
|
3,026,818
|
116,199,543
|
McCormick & Co.,
Inc.
|
2,708,912
|
225,408,568
|
McDonald's
Corp.
|
7,929,696
|
2,217,222,299
|
McKesson
Corp.
|
1,482,591
|
527,876,526
|
Medtronic
PLC
|
14,401,376
|
1,161,038,933
|
Merck & Co.,
Inc.
|
27,449,799
|
2,920,384,116
|
Meta Platforms, Inc. Class A
(a)
|
24,097,585
|
5,107,242,165
|
MetLife,
Inc.
|
7,123,412
|
412,730,491
|
Mettler-Toledo International, Inc.
(a)
|
240,830
|
368,520,474
|
MGM Resorts
International
|
3,444,502
|
153,004,779
|
Microchip Technology,
Inc.
|
5,931,572
|
496,947,102
|
Micron Technology,
Inc.
|
11,813,845
|
712,847,407
|
Microsoft
Corp.
|
80,591,530
|
23,234,538,099
|
Mid-America Apartment Communities, Inc.
REIT
|
1,250,240
|
188,836,250
|
Moderna, Inc.
(a)
|
3,570,588
|
548,370,905
|
Mohawk Industries, Inc.
(a)
|
552,915
|
55,413,141
|
Molina Healthcare, Inc.
(a)
|
626,235
|
167,511,600
|
Molson Coors Beverage Co. Class
B |
2,022,876
|
104,542,232
|
Mondelez International, Inc. Class
A |
14,763,371
|
1,029,302,226
|
Monolithic Power Systems,
Inc.
|
484,473
|
242,498,115
|
Monster Beverage Corp.
(a)
|
8,232,528
|
444,638,837
|
Moody's
Corp.
|
1,699,263
|
520,008,463
|
See accompanying notes to financial statements.
5
SPDR S&P 500® ETF Trust
Schedule of Investments (continued)
March 31, 2023 (Unaudited)
Common
Stocks |
Shares
|
Value
|
Morgan
Stanley
|
14,145,045
|
$
1,241,934,951 |
Mosaic
Co.
|
3,679,684
|
168,823,902
|
Motorola Solutions,
Inc.
|
1,810,241
|
517,964,257
|
MSCI,
Inc.
|
864,396
|
483,793,797
|
Nasdaq,
Inc.
|
3,651,184
|
199,610,229
|
NetApp,
Inc.
|
2,349,345
|
150,005,678
|
Netflix, Inc.
(a)
|
4,821,644
|
1,665,781,569
|
Newell Brands,
Inc.
|
4,063,182
|
50,545,984
|
Newmont
Corp.
|
8,593,516
|
421,254,154
|
News Corp. Class
A |
4,202,906
|
72,584,187
|
News Corp. Class
B |
1,318,964
|
22,989,543
|
NextEra Energy,
Inc.
|
21,514,315
|
1,658,323,400
|
NIKE, Inc. Class
B |
13,486,370
|
1,653,968,417
|
NiSource,
Inc.
|
4,355,655
|
121,784,114
|
Nordson
Corp.
|
581,112
|
129,157,953
|
Norfolk Southern
Corp.
|
2,466,118
|
522,817,016
|
Northern Trust
Corp.
|
2,256,543
|
198,869,135
|
Northrop Grumman
Corp.
|
1,564,937
|
722,562,712
|
Norwegian Cruise Line Holdings Ltd.
(a)
|
4,463,701
|
60,036,778
|
NRG Energy,
Inc.
|
2,535,145
|
86,930,122
|
Nucor
Corp.
|
2,739,168
|
423,119,281
|
NVIDIA
Corp.
|
26,633,530
|
7,397,995,628
|
NVR, Inc.
(a)
|
32,537
|
181,302,346
|
NXP Semiconductors
NV
|
2,800,731
|
522,266,313
|
Occidental Petroleum
Corp.
|
7,859,107
|
490,644,050
|
Old Dominion Freight Line,
Inc.
|
979,194
|
333,748,483
|
Omnicom Group,
Inc.
|
2,204,596
|
207,981,587
|
ON Semiconductor Corp.
(a)
|
4,665,825
|
384,090,714
|
ONEOK,
Inc.
|
4,831,254
|
306,977,879
|
Oracle
Corp.
|
16,639,100
|
1,546,105,172
|
O'Reilly Automotive, Inc.
(a)
|
676,587
|
574,408,831
|
Organon &
Co.
|
2,718,474
|
63,938,508
|
Otis Worldwide
Corp.
|
4,521,747
|
381,635,447
|
PACCAR,
Inc.
|
5,638,777
|
412,758,440
|
Packaging Corp. of
America
|
1,014,399
|
140,829,013
|
Common
Stocks |
Shares
|
Value
|
Paramount Global Class
B |
5,437,705
|
$
121,315,199 |
Parker-Hannifin
Corp.
|
1,388,757
|
466,775,115
|
Paychex,
Inc.
|
3,467,059
|
397,290,291
|
Paycom Software, Inc.
(a)
|
525,382
|
159,721,382
|
PayPal Holdings, Inc.
(a)
|
12,249,027
|
930,191,110
|
Pentair
PLC
|
1,768,513
|
97,745,713
|
PepsiCo,
Inc.
|
14,911,005
|
2,718,276,211
|
PerkinElmer,
Inc.
|
1,367,594
|
182,245,576
|
Pfizer,
Inc.
|
60,773,429
|
2,479,555,903
|
PG&E Corp.
(a)
|
17,402,858
|
281,404,214
|
Philip Morris International,
Inc.
|
16,783,819
|
1,632,226,398
|
Phillips
66
|
5,045,235
|
511,485,924
|
Pinnacle West Capital
Corp.
|
1,210,763
|
95,940,860
|
Pioneer Natural Resources
Co.
|
2,570,845
|
525,069,383
|
PNC Financial Services Group,
Inc.
|
4,359,651
|
554,111,642
|
Pool
Corp.
|
422,005
|
144,511,392
|
PPG Industries,
Inc.
|
2,531,484
|
338,155,633
|
PPL
Corp.
|
7,920,461
|
220,109,611
|
Principal Financial Group,
Inc.
|
2,459,362
|
182,779,784
|
Procter & Gamble
Co.
|
25,541,588
|
3,797,778,720
|
Progressive
Corp.
|
6,324,281
|
904,751,640
|
Prologis, Inc.
REIT
|
9,977,927
|
1,244,945,952
|
Prudential Financial,
Inc.
|
3,977,512
|
329,099,343
|
PTC, Inc.
(a)
|
1,152,335
|
147,763,917
|
Public Service Enterprise Group,
Inc.
|
5,394,150
|
336,864,667
|
Public Storage
REIT
|
1,711,443
|
517,095,388
|
PulteGroup,
Inc.
|
2,491,518
|
145,205,669
|
Qorvo, Inc.
(a)
|
1,112,728
|
113,019,783
|
QUALCOMM,
Inc.
|
12,095,767
|
1,543,177,954
|
Quanta Services,
Inc.
|
1,547,190
|
257,823,742
|
Quest Diagnostics,
Inc.
|
1,231,085
|
174,173,906
|
Ralph Lauren
Corp.
|
444,017
|
51,803,463
|
Raymond James Financial,
Inc.
|
2,087,025
|
194,656,822
|
See accompanying notes to financial statements.
6
SPDR S&P 500® ETF Trust
Schedule of Investments (continued)
March 31, 2023 (Unaudited)
Common
Stocks |
Shares
|
Value
|
Raytheon Technologies
Corp.
|
15,860,519
|
$
1,553,220,626 |
Realty Income Corp.
REIT
|
6,779,212
|
429,259,704
|
Regency Centers Corp.
REIT
|
1,667,400
|
102,011,532
|
Regeneron Pharmaceuticals, Inc.
(a)
|
1,163,896
|
956,338,426
|
Regions Financial
Corp.
|
10,140,918
|
188,215,438
|
Republic Services,
Inc.
|
2,212,471
|
299,170,329
|
ResMed,
Inc.
|
1,583,457
|
346,761,248
|
Robert Half International,
Inc.
|
1,186,122
|
95,565,850
|
Rockwell Automation,
Inc.
|
1,237,697
|
363,202,185
|
Rollins,
Inc.
|
2,501,783
|
93,891,916
|
Roper Technologies,
Inc.
|
1,146,409
|
505,210,982
|
Ross Stores,
Inc.
|
3,765,151
|
399,595,476
|
Royal Caribbean Cruises Ltd.
(a)
|
2,358,587
|
154,015,731
|
S&P Global,
Inc.
|
3,564,186
|
1,228,824,407
|
Salesforce, Inc.
(a)
|
10,826,623
|
2,162,942,743
|
SBA Communications Corp.
REIT
|
1,168,928
|
305,172,033
|
Schlumberger
NV
|
15,375,890
|
754,956,199
|
Seagate Technology Holdings
PLC
|
2,102,265
|
139,001,762
|
Sealed Air
Corp.
|
1,600,318
|
73,470,599
|
Sempra
Energy
|
3,397,800
|
513,611,448
|
ServiceNow, Inc.
(a)
|
2,197,858
|
1,021,388,570
|
Sherwin-Williams
Co.
|
2,553,087
|
573,857,365
|
Simon Property Group, Inc.
REIT
|
3,539,753
|
396,346,143
|
Skyworks Solutions,
Inc.
|
1,726,517
|
203,694,476
|
Snap-on,
Inc.
|
575,670
|
142,127,166
|
SolarEdge Technologies, Inc.
(a)
|
605,198
|
183,949,932
|
Southern
Co.
|
11,767,159
|
818,758,923
|
Southwest Airlines
Co.
|
6,418,266
|
208,850,376
|
Stanley Black & Decker,
Inc.
|
1,590,062
|
128,127,196
|
Starbucks
Corp.
|
12,443,092
|
1,295,699,170
|
Common
Stocks |
Shares
|
Value
|
State Street Corp.
(c)
|
3,778,756
|
$
286,014,042 |
Steel Dynamics,
Inc.
|
1,794,170
|
202,848,860
|
STERIS
PLC
|
1,072,410
|
205,130,585
|
Stryker
Corp.
|
3,650,268
|
1,042,042,006
|
Synchrony
Financial
|
4,731,602
|
137,594,986
|
Synopsys, Inc.
(a)
|
1,650,145
|
637,368,506
|
Sysco
Corp.
|
5,487,777
|
423,821,018
|
T Rowe Price Group,
Inc.
|
2,428,898
|
274,222,584
|
Take-Two Interactive Software, Inc.
(a)
|
1,716,661
|
204,797,657
|
Tapestry,
Inc.
|
2,604,420
|
112,276,546
|
Targa Resources
Corp.
|
2,432,747
|
177,468,894
|
Target
Corp.
|
4,974,786
|
823,973,805
|
TE Connectivity
Ltd.
|
3,445,402
|
451,864,472
|
Teledyne Technologies, Inc.
(a)
|
507,405
|
226,992,701
|
Teleflex,
Inc.
|
507,836
|
128,639,937
|
Teradyne,
Inc.
|
1,689,200
|
181,605,892
|
Tesla, Inc.
(a)
|
29,118,107
|
6,040,842,478
|
Texas Instruments,
Inc.
|
9,808,935
|
1,824,559,999
|
Textron,
Inc.
|
2,278,893
|
160,958,213
|
Thermo Fisher Scientific,
Inc.
|
4,246,163
|
2,447,360,968
|
TJX Cos.,
Inc.
|
12,548,779
|
983,322,322
|
T-Mobile U.S., Inc.
(a)
|
6,412,676
|
928,811,992
|
Tractor Supply
Co.
|
1,195,497
|
280,989,615
|
Trane Technologies
PLC
|
2,489,192
|
457,961,544
|
TransDigm Group,
Inc.
|
561,517
|
413,866,105
|
Travelers Cos.,
Inc.
|
2,502,071
|
428,879,990
|
Trimble, Inc.
(a)
|
2,684,033
|
140,697,010
|
Truist Financial
Corp.
|
14,340,573
|
489,013,539
|
Tyler Technologies, Inc.
(a)
|
449,989
|
159,584,099
|
Tyson Foods, Inc. Class
A |
3,146,231
|
186,634,423
|
U.S.
Bancorp
|
15,083,825
|
543,771,891
|
UDR, Inc.
REIT
|
3,307,719
|
135,814,942
|
Ulta Beauty, Inc.
(a)
|
553,462
|
302,007,610
|
Union Pacific
Corp.
|
6,624,555
|
1,333,257,939
|
United Airlines Holdings, Inc.
(a)
|
3,533,021
|
156,336,179
|
United Parcel Service, Inc. Class
B |
7,901,500
|
1,532,811,985
|
See accompanying notes to financial statements.
7
SPDR S&P 500® ETF Trust
Schedule of Investments (continued)
March 31, 2023 (Unaudited)
Common
Stocks |
Shares
|
Value
|
United Rentals,
Inc.
|
749,007
|
$
296,427,010 |
UnitedHealth Group,
Inc.
|
10,115,812
|
4,780,631,593
|
Universal Health Services, Inc. Class
B |
693,347
|
88,124,404
|
Valero Energy
Corp.
|
4,167,428
|
581,772,949
|
Ventas, Inc.
REIT
|
4,330,603
|
187,731,640
|
VeriSign, Inc.
(a)
|
1,005,366
|
212,463,997
|
Verisk Analytics,
Inc.
|
1,690,860
|
324,408,400
|
Verizon Communications,
Inc.
|
45,470,657
|
1,768,353,851
|
Vertex Pharmaceuticals, Inc.
(a)
|
2,783,414
|
876,970,249
|
VF
Corp.
|
3,576,620
|
81,940,364
|
Viatris,
Inc.
|
13,129,328
|
126,304,135
|
VICI Properties, Inc.
REIT
|
10,866,598
|
354,468,427
|
Visa, Inc. Class
A |
17,592,858
|
3,966,485,567
|
Vulcan Materials
Co.
|
1,436,721
|
246,483,855
|
W R Berkley
Corp.
|
2,197,376
|
136,808,630
|
W.W. Grainger,
Inc.
|
487,698
|
335,931,259
|
Walgreens Boots Alliance,
Inc.
|
7,758,939
|
268,304,111
|
Walmart,
Inc.
|
15,182,561
|
2,238,668,619
|
Walt Disney Co.
(a)
|
19,778,136
|
1,980,384,758
|
Warner Bros Discovery, Inc.
(a)
|
23,925,123
|
361,269,357
|
Waste Management,
Inc.
|
4,037,316
|
658,768,852
|
Waters Corp.
(a)
|
644,871
|
199,671,408
|
WEC Energy Group,
Inc.
|
3,409,427
|
323,179,585
|
Wells Fargo &
Co.
|
41,254,883
|
1,542,107,527
|
Welltower, Inc.
REIT
|
5,107,743
|
366,174,096
|
Common
Stocks |
Shares
|
Value
|
West Pharmaceutical Services,
Inc.
|
801,502
|
$
277,696,398 |
Western Digital Corp.
(a)
|
3,457,170
|
130,231,594
|
Westinghouse Air Brake Technologies
Corp.
|
1,959,209
|
197,997,662
|
Westrock
Co.
|
2,736,370
|
83,377,194
|
Weyerhaeuser Co.
REIT
|
7,999,464
|
241,023,850
|
Whirlpool
Corp.
|
586,710
|
77,457,454
|
Williams Cos.,
Inc.
|
13,123,607
|
391,870,905
|
Willis Towers Watson
PLC
|
1,169,746
|
271,825,575
|
Wynn Resorts Ltd.
(a)
|
1,130,949
|
126,564,503
|
Xcel Energy,
Inc.
|
5,914,667
|
398,885,142
|
Xylem,
Inc.
|
1,951,630
|
204,335,661
|
Yum! Brands,
Inc.
|
3,044,344
|
402,096,956
|
Zebra Technologies Corp. Class A
(a)
|
557,581
|
177,310,758
|
Zimmer Biomet Holdings,
Inc.
|
2,268,219
|
293,053,895
|
Zions Bancorp
NA
|
1,623,907
|
48,603,536
|
Zoetis,
Inc.
|
5,037,539
|
838,447,991
|
Total
Common Stocks (Cost $438,733,314,029) |
|
$371,829,226,515
|
(a)
|
Non-income
producing security. |
(b)
|
Affiliate
of PDR Services LLC (the “Sponsor”). See the table below for more information. |
(c)
|
Affiliate
of State Street Global Advisors Trust Company (the "Trustee"). See the table below for more information. |
PLC
= Public Limited Company |
REIT
= Real Estate Investment Trust |
The following table summarizes the value of the
Trust's investments according to the fair value hierarchy as of March 31, 2023.
Description
|
Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total
|
ASSETS:
|
|
|
|
|
INVESTMENTS:
|
|
|
|
|
Common
Stocks |
$371,829,226,515
|
$—
|
$—
|
$371,829,226,515
|
See accompanying notes to financial statements.
8
SPDR S&P 500® ETF Trust
Schedule of Investments (continued)
March 31, 2023 (Unaudited)
INVESTMENTS IN AFFILIATES OF THE TRUSTEE AND THE
SPONSOR
SPDR S&P 500® ETF Trust has invested in State Street Corp., which is considered an affiliate of the Trustee and Intercontinental Exchange, Inc., which is considered an affiliate of the
Sponsor. Amounts related to these investments at March 31, 2023 and for the six months then ended are (Note 3):
|
Number
of Shares Held at 9/30/22 |
Value
at 9/30/22 |
|
Cost
of Purchases* |
|
Proceeds
from Shares Sold* |
|
Realized
Gain (Loss) |
|
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 3/31/23 |
Value
at 3/31/23 |
|
Dividend
Income |
Intercontinental Exchange,
Inc.
|
6,118,547
|
$552,810,721
|
|
$354,738,768
|
|
$363,725,681
|
|
$3,290,663
|
|
$
83,885,708 |
6,050,438
|
$631,000,179
|
|
$4,891,815
|
State Street
Corp.
|
3,973,516
|
241,629,508
|
|
180,753,908
|
|
197,494,717
|
|
(462,994)
|
|
61,588,337
|
3,778,756
|
286,014,042
|
|
4,964,246
|
TOTAL
|
|
$794,440,229
|
|
$535,492,676
|
|
$561,220,398
|
|
$2,827,669
|
|
$145,474,045
|
|
$917,014,221
|
|
$9,856,061
|
*
|
Purchased
and Sold figures include securities received or delivered from processing creations or redemptions of Units. |
See accompanying notes to financial statements.
9
SPDR S&P 500® ETF Trust
Portfolio Statistics
March 31, 2023 (Unaudited)
INDUSTRY BREAKDOWN AS OF MARCH 31, 2023*
INDUSTRY
|
%
OF NET ASSETS |
Software
|
9.4%
|
Technology Hardware, Storage &
Peripherals
|
7.4
|
Semiconductors & Semiconductor
Equipment
|
6.5
|
Interactive Media &
Services
|
4.8
|
Financial
Services
|
4.3
|
Oil, Gas & Consumable
Fuels
|
4.2
|
Pharmaceuticals
|
4.2
|
Banks
|
3.1
|
Health Care Providers &
Services
|
3.0
|
Health Care Equipment &
Supplies
|
2.9
|
Capital
Markets
|
2.8
|
Broadline
Retail
|
2.8
|
Consumer
Finance
|
2.5
|
Biotechnology
|
2.3
|
Specialty
Retail
|
2.2
|
Insurance
|
2.2
|
Hotels, Restaurants &
Leisure
|
2.1
|
Automobiles
|
1.9
|
Electric
Utilities
|
1.9
|
Life Sciences Tools &
Services
|
1.8
|
Beverages
|
1.8
|
Chemicals
|
1.8
|
Machinery
|
1.8
|
Aerospace &
Defense
|
1.8
|
Household
Products
|
1.5
|
Entertainment
|
1.4
|
Specialized
REITs
|
1.2
|
IT
Services
|
1.2
|
Food
Products
|
1.2
|
Communications
Equipment
|
0.9
|
Diversified Telecommunication
Services
|
0.9
|
Industrial
Conglomerates
|
0.8
|
Multi-Utilities
|
0.8
|
Ground
Transportation
|
0.8
|
Media
|
0.8
|
Professional
Services
|
0.8
|
Tobacco
|
0.7
|
Air Freight &
Logistics
|
0.7
|
INDUSTRY
|
%
OF NET ASSETS |
Electronic Equipment, Instruments &
Components
|
0.6%
|
Electrical
Equipment
|
0.6
|
Textiles, Apparel & Luxury
Goods
|
0.5
|
Commercial Services &
Supplies
|
0.5
|
Metals &
Mining
|
0.5
|
Building
Products
|
0.4
|
Energy Equipment &
Services
|
0.4
|
Household
Durables
|
0.3
|
Residential
REITs
|
0.3
|
Industrial
REITs
|
0.3
|
Retail
REITs
|
0.3
|
Containers &
Packaging
|
0.3
|
Trading Companies &
Distributors
|
0.3
|
Wireless Telecommunication
Services
|
0.2
|
Passenger
Airlines
|
0.2
|
Health Care
REITs
|
0.2
|
Personal Care
Products
|
0.2
|
Distributors
|
0.1
|
Construction
Materials
|
0.1
|
Automobile
Components
|
0.1
|
Water
Utilities
|
0.1
|
Office
REITs
|
0.1
|
Construction &
Engineering
|
0.1
|
Real Estate Management &
Development
|
0.1
|
Gas
Utilities
|
0.0**
|
Independent Power & Renewable Electricity
Producers
|
0.0**
|
Hotel & Resort
REITs
|
0.0**
|
Leisure Equipment &
Products
|
0.0**
|
Other Assets in Excess of
Liabilities
|
0.0**
|
Total
|
100.0%
|
*
|
The
Trust’s industry breakdown is expressed as a percentage of net assets and may change over time. |
**
|
Amount
shown represents less than 0.05% of net assets. |
See accompanying notes to financial statements.
10
SPDR S&P 500® ETF Trust
Statement of Assets and Liabilities
March 31, 2023 (Unaudited)
ASSETS
|
|
Investments in unaffiliated issuers, at value (Note
2)
|
$370,912,212,294
|
Investments in affiliates of the Trustee and the Sponsor, at value
|
917,014,221
|
Total
Investments
|
371,829,226,515
|
Cash
|
1,362,933,638
|
Dividends receivable — unaffiliated issuers (Note
2)
|
258,489,788
|
Dividends receivable — affiliated issuers (Note
2)
|
2,442,950
|
Total
Assets
|
373,453,092,891
|
LIABILITIES
|
|
Payable for units of fractional undivided interest (“Units”) redeemed
in-kind
|
641,458
|
Accrued Trustee expense (Note
3)
|
24,412,527
|
Accrued Marketing expense (Note
3)
|
27,640,304
|
Distribution
payable
|
1,372,652,078
|
Accrued expenses and other
liabilities
|
45,754,394
|
Total
Liabilities
|
1,471,100,761
|
NET ASSETS
|
$371,981,992,130
|
NET
ASSETS CONSIST OF: |
|
Paid-in Capital (Note
4)
|
$457,074,572,125
|
Total distributable earnings
(loss)
|
(85,092,579,995)
|
NET ASSETS
|
$371,981,992,130
|
NET ASSET VALUE PER UNIT
|
$
409.48 |
UNITS OUTSTANDING (UNLIMITED UNITS AUTHORIZED)
|
908,432,116
|
COST
OF INVESTMENTS: |
|
Unaffiliated
issuers
|
$437,596,129,559
|
Affiliates of the Trustee and the Sponsor (Note
3)
|
1,137,184,470
|
Total Cost of
Investments
|
$438,733,314,029
|
See accompanying notes to financial statements.
11
SPDR S&P 500® ETF Trust
Statements of Operations
|
Six
Months Ended 3/31/23 (Unaudited) |
|
Year
Ended 9/30/22 |
|
Year
Ended 9/30/21 |
|
Year
Ended 9/30/20 |
INVESTMENT
INCOME |
|
|
|
|
|
|
|
Dividend income — unaffiliated issuers (Note
2)
|
$
3,222,063,742 |
|
$
5,814,040,700 |
|
$
5,063,477,430 |
|
$
5,344,744,140 |
Dividend income — affiliates of the Trustee and the
Sponsor
|
9,856,061
|
|
18,096,796
|
|
15,321,426
|
|
15,314,759
|
Foreign taxes
withheld
|
(800,605)
|
|
(1,312,601)
|
|
(484,053)
|
|
—
|
Total Investment
Income
|
3,231,119,198
|
|
5,830,824,895
|
|
5,078,314,803
|
|
5,360,058,899
|
EXPENSES
|
|
|
|
|
|
|
|
Trustee expense (Note
3)
|
91,575,595
|
|
223,329,603
|
|
203,372,449
|
|
156,390,558
|
S&P license fee (Note
3)
|
54,681,841
|
|
117,918,485
|
|
105,207,778
|
|
85,102,695
|
Marketing expense (Note
3)
|
23,143,118
|
|
25,359,401
|
|
15,493,874
|
|
19,590,285
|
Legal and audit
fees
|
169,582
|
|
441,522
|
|
616,921
|
|
405,831
|
Other
expenses
|
1,735,257
|
|
2,504,225
|
|
4,823,485
|
|
4,688,948
|
Total
Expenses
|
171,305,393
|
|
369,553,236
|
|
329,514,507
|
|
266,178,317
|
NET INVESTMENT INCOME
(LOSS)
|
3,059,813,805
|
|
5,461,271,659
|
|
4,748,800,296
|
|
5,093,880,582
|
REALIZED
AND UNREALIZED GAIN (LOSS) |
|
|
|
|
|
|
|
Net
realized gain (loss) on: |
|
|
|
|
|
|
|
Investments — unaffiliated
issuers
|
(2,098,540,462)
|
|
(2,352,742,735)
|
|
(3,076,057,194)
|
|
(2,843,848,543)
|
Investments — affiliates of the Trustee and the
Sponsor
|
(6,506,745)
|
|
—
|
|
(6,071,948)
|
|
(8,520,407)
|
In-kind redemptions — unaffiliated
issuers
|
8,734,722,829
|
|
50,130,219,174
|
|
72,888,738,765
|
|
33,362,317,592
|
In-kind redemptions — affiliated
issuers
|
9,334,414
|
|
87,262,145
|
|
114,827,869
|
|
79,983,578
|
Net realized gain
(loss)
|
6,639,010,036
|
|
47,864,738,584
|
|
69,921,437,492
|
|
30,589,932,220
|
Net
change in unrealized appreciation/depreciation on: |
|
|
|
|
|
|
|
Investments — unaffiliated
issuers
|
41,587,870,544
|
|
(113,100,095,302)
|
|
11,150,654,602
|
|
4,637,256,785
|
Investments — affiliates of the Trustee and the
Sponsor
|
145,474,045
|
|
(331,704,873)
|
|
69,456,986
|
|
(19,657,458)
|
Net change in unrealized
appreciation/depreciation
|
41,733,344,589
|
|
(113,431,800,175)
|
|
11,220,111,588
|
|
4,617,599,327
|
NET REALIZED AND UNREALIZED GAIN
(LOSS)
|
48,372,354,625
|
|
(65,567,061,591)
|
|
81,141,549,080
|
|
35,207,531,547
|
NET INCREASE (DECREASE) IN NET ASSETS FROM
OPERATIONS
|
$51,432,168,430
|
|
$
(60,105,789,932) |
|
$85,890,349,376
|
|
$40,301,412,129
|
See accompanying notes to financial statements.
12
SPDR S&P 500® ETF Trust
Statements of Changes in Net Assets
|
Six
Months Ended 3/31/23 (Unaudited) |
|
Year
Ended 9/30/22 |
|
Year
Ended 9/30/21 |
|
Year
Ended 9/30/20 |
INCREASE
(DECREASE) IN NET ASSETS FROM OPERATIONS: |
|
|
|
|
|
|
|
Net investment income
(loss)
|
$
3,059,813,805 |
|
$
5,461,271,659 |
|
$
4,748,800,296 |
|
$
5,093,880,582 |
Net realized gain
(loss)
|
6,639,010,036
|
|
47,864,738,584
|
|
69,921,437,492
|
|
30,589,932,220
|
Net change in unrealized
appreciation/depreciation
|
41,733,344,589
|
|
(113,431,800,175)
|
|
11,220,111,588
|
|
4,617,599,327
|
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM
OPERATIONS
|
51,432,168,430
|
|
(60,105,789,932)
|
|
85,890,349,376
|
|
40,301,412,129
|
NET EQUALIZATION CREDITS AND CHARGES (NOTE
2)
|
(770,280)
|
|
49,404,768
|
|
14,211,571
|
|
(28,962,904)
|
DISTRIBUTIONS TO UNITHOLDERS
|
(3,055,152,520)
|
|
(5,672,206,879)
|
|
(4,958,580,733)
|
|
(5,149,353,080)
|
INCREASE
(DECREASE) IN NET ASSETS FROM UNIT TRANSACTIONS: |
|
|
|
|
|
|
|
Proceeds from issuance of
Units
|
324,012,066,446
|
|
752,047,231,926
|
|
653,742,584,343
|
|
615,842,536,075
|
Cost of Units
redeemed
|
(330,872,094,032)
|
|
(740,656,771,588)
|
|
(643,775,317,843)
|
|
(631,300,529,687)
|
Net income equalization (Note
2)
|
770,280
|
|
(49,404,768)
|
|
(14,211,571)
|
|
28,962,904
|
NET INCREASE (DECREASE) IN NET ASSETS FROM ISSUANCE AND REDEMPTION OF
UNITS
|
(6,859,257,306)
|
|
11,341,055,570
|
|
9,953,054,929
|
|
|