Semi-Annual Report
March 31, 2024
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 State Street Global Advisors Funds Distributors, LLC. SPDR® S&P 500® ETF Trust is not sponsored, endorsed, sold or promoted by S&P, its affiliates or its third party licensors.

SPDR S&P 500® ETF Trust
Schedule of Investments
March 31, 2024 (Unaudited)
Common Stocks Shares Value
3M Co.
 6,667,800 $ 707,253,546
A O Smith Corp.
 1,481,454 132,530,875
Abbott Laboratories
 20,930,410 2,378,950,401
AbbVie, Inc.
 21,290,423 3,876,986,028
Accenture PLC Class A
 7,568,313 2,623,252,969
Adobe, Inc. (a)
 5,454,045 2,752,111,107
Advanced Micro Devices, Inc. (a)
 19,484,314 3,516,723,834
AES Corp.
 8,090,273 145,058,595
Aflac, Inc.
 6,410,806 550,431,803
Agilent Technologies, Inc.
 3,528,803 513,476,125
Air Products & Chemicals, Inc.
 2,682,334 649,849,058
Airbnb, Inc. Class A (a)
 5,243,613 864,986,400
Akamai Technologies, Inc. (a)
 1,819,525 197,891,539
Albemarle Corp.
 1,417,086 186,686,910
Alexandria Real Estate Equities, Inc. REIT
 1,882,240 242,639,558
Align Technology, Inc. (a)
 859,768 281,935,123
Allegion PLC
 1,059,367 142,707,329
Alliant Energy Corp.
 3,042,356 153,334,742
Allstate Corp.
 3,157,901 546,348,452
Alphabet, Inc. Class A (a)
 71,111,821 10,732,907,144
Alphabet, Inc. Class C (a)
 59,536,478 9,065,024,140
Altria Group, Inc.
 21,326,948 930,281,472
Amazon.com, Inc. (a)
 110,304,496 19,896,724,988
Amcor PLC
 17,430,338 165,762,514
Ameren Corp.
 3,129,784 231,478,825
American Airlines Group, Inc. (a)
 7,881,157 120,975,760
American Electric Power Co., Inc.
 6,341,705 546,020,801
American Express Co.
 6,900,284 1,571,125,664
American International Group, Inc.
 8,466,548 661,830,057
American Tower Corp. REIT
 5,622,188 1,110,888,127
American Water Works Co., Inc.
 2,338,548 285,793,951
Ameriprise Financial, Inc.
 1,219,522 534,687,226
AMETEK, Inc.
 2,781,896 508,808,778
Common Stocks Shares Value
Amgen, Inc.
 6,454,837 $ 1,835,239,256
Amphenol Corp. Class A
 7,198,103 830,301,181
Analog Devices, Inc.
 6,008,074 1,188,336,956
ANSYS, Inc. (a)
 1,047,891 363,785,840
Aon PLC Class A
 2,414,651 805,817,332
APA Corp.
 3,706,873 127,442,294
Apple, Inc.
 175,158,625 30,036,201,015
Applied Materials, Inc.
 10,040,664 2,070,686,137
Aptiv PLC (a)
 3,416,157 272,096,905
Arch Capital Group Ltd. (a)
 4,473,925 413,569,627
Archer-Daniels-Midland Co.
 6,432,631 404,033,553
Arista Networks, Inc. (a)
 3,031,136 878,968,817
Arthur J Gallagher & Co.
 2,598,656 649,767,946
Assurant, Inc.
 634,116 119,365,996
AT&T, Inc.
 86,225,870 1,517,575,312
Atmos Energy Corp.
 1,795,264 213,403,032
Autodesk, Inc. (a)
 2,577,889 671,333,853
Automatic Data Processing, Inc.
 4,960,059 1,238,725,135
AutoZone, Inc. (a)
 208,431 656,901,561
AvalonBay Communities, Inc. REIT
 1,692,994 314,151,967
Avery Dennison Corp.
 974,067 217,460,458
Axon Enterprise, Inc. (a)
 851,376 266,378,523
Baker Hughes Co.
 12,110,810 405,712,135
Ball Corp.
 3,788,223 255,174,701
Bank of America Corp.
 83,030,188 3,148,504,729
Bank of New York Mellon Corp.
 9,163,233 527,985,485
Bath & Body Works, Inc.
 2,747,451 137,427,499
Baxter International, Inc.
 6,112,990 261,269,193
Becton Dickinson & Co.
 3,499,069 865,844,624
Berkshire Hathaway, Inc. Class B (a)
 21,939,710 9,226,086,849
Best Buy Co., Inc.
 2,338,738 191,846,678
Biogen, Inc. (a)
 1,746,665 376,633,374
Bio-Rad Laboratories, Inc. Class A (a)
 251,735 87,067,584
Bio-Techne Corp.
 1,904,141 134,032,485
BlackRock, Inc.
 1,686,384 1,405,938,341
Blackstone, Inc.
 8,680,517 1,140,359,518
 
See accompanying notes to financial statements.
1

SPDR S&P 500® ETF Trust
Schedule of Investments (continued)
March 31, 2024 (Unaudited)
Common Stocks Shares Value
Boeing Co. (a)
 6,920,409 $ 1,335,569,733
Booking Holdings, Inc.
 421,015 1,527,391,898
BorgWarner, Inc.
 2,836,708 98,547,236
Boston Properties, Inc. REIT
 1,700,069 111,031,506
Boston Scientific Corp. (a)
 17,663,262 1,209,756,814
Bristol-Myers Squibb Co.
 24,538,555 1,330,725,838
Broadcom, Inc.
 5,309,947 7,037,856,853
Broadridge Financial Solutions, Inc.
 1,420,241 290,950,571
Brown & Brown, Inc.
 2,846,877 249,215,613
Brown-Forman Corp. Class B
 2,181,962 112,632,878
Builders FirstSource, Inc. (a)
 1,487,915 310,304,673
Bunge Global SA
 1,751,868 179,601,507
Cadence Design Systems, Inc. (a)
 3,281,000 1,021,309,680
Caesars Entertainment, Inc. (a)
 2,564,789 112,183,871
Camden Property Trust REIT
 1,289,493 126,886,111
Campbell Soup Co.
 2,377,942 105,699,522
Capital One Financial Corp.
 4,593,272 683,892,268
Cardinal Health, Inc.
 2,970,519 332,401,076
CarMax, Inc. (a)
 1,911,873 166,543,257
Carnival Corp. (a)
 12,139,551 198,360,263
Carrier Global Corp.
 10,116,422 588,067,611
Catalent, Inc. (a)
 2,180,566 123,092,951
Caterpillar, Inc.
 6,151,246 2,254,001,072
Cboe Global Markets, Inc.
 1,273,663 234,010,103
CBRE Group, Inc. Class A (a)
 3,588,895 348,984,150
CDW Corp.
 1,617,449 413,711,105
Celanese Corp.
 1,201,056 206,413,484
Cencora, Inc.
 2,010,980 488,648,030
Centene Corp. (a)
 6,442,218 505,585,269
CenterPoint Energy, Inc.
 7,624,385 217,218,729
CF Industries Holdings, Inc.
 2,303,914 191,708,684
Common Stocks Shares Value
CH Robinson Worldwide, Inc.
 1,406,561 $ 107,095,555
Charles River Laboratories International, Inc. (a)
 615,390 166,739,921
Charles Schwab Corp.
 17,950,408 1,298,532,515
Charter Communications, Inc. Class A (a)
 1,191,962 346,419,916
Chevron Corp.
 20,930,098 3,301,513,659
Chipotle Mexican Grill, Inc. (a)
 330,776 961,489,754
Chubb Ltd.
 4,890,798 1,267,352,486
Church & Dwight Co., Inc.
 2,954,800 308,215,188
Cigna Group
 3,529,123 1,281,742,182
Cincinnati Financial Corp.
 1,895,137 235,319,161
Cintas Corp.
 1,043,346 716,810,002
Cisco Systems, Inc.
 49,034,206 2,447,297,221
Citigroup, Inc.
 22,965,075 1,452,311,343
Citizens Financial Group, Inc.
 5,622,663 204,046,440
Clorox Co.
 1,496,916 229,192,809
CME Group, Inc.
 4,343,110 935,028,152
CMS Energy Corp.
 3,527,955 212,876,805
Coca-Cola Co.
 46,925,124 2,870,879,086
Cognizant Technology Solutions Corp. Class A
 6,045,499 443,074,622
Colgate-Palmolive Co.
 9,929,689 894,168,494
Comcast Corp. Class A
 47,814,705 2,072,767,462
Comerica, Inc.
 1,585,892 87,208,201
Conagra Brands, Inc.
 5,736,840 170,039,938
ConocoPhillips
 14,216,012 1,809,414,007
Consolidated Edison, Inc.
 4,168,329 378,525,956
Constellation Brands, Inc. Class A
 1,948,839 529,616,487
Constellation Energy Corp.
 3,851,914 712,026,303
Cooper Cos., Inc.
 2,389,183 242,406,507
Copart, Inc. (a)
 10,503,487 608,361,967
Corning, Inc.
 9,223,646 304,011,372
Corpay, Inc. (a)
 870,863 268,696,070
 
See accompanying notes to financial statements.
2

SPDR S&P 500® ETF Trust
Schedule of Investments (continued)
March 31, 2024 (Unaudited)
Common Stocks Shares Value
Corteva, Inc.
 8,497,740 $ 490,064,666
CoStar Group, Inc. (a)
 4,918,203 475,098,410
Costco Wholesale Corp.
 5,354,174 3,922,628,498
Coterra Energy, Inc.
 9,072,431 252,939,376
Crown Castle, Inc. REIT
 5,235,323 554,054,233
CSX Corp.
 23,831,340 883,427,774
Cummins, Inc.
 1,643,323 484,205,122
CVS Health Corp.
 15,185,778 1,211,217,653
Danaher Corp.
 7,932,082 1,980,799,517
Darden Restaurants, Inc.
 1,450,721 242,488,015
DaVita, Inc. (a)
 650,755 89,836,728
Dayforce, Inc. (a)
 1,848,868 122,413,550
Deckers Outdoor Corp. (a)
 309,565 291,381,152
Deere & Co.
 3,142,471 1,290,738,539
Delta Air Lines, Inc.
 7,764,932 371,707,295
Dentsply Sirona, Inc.
 2,558,494 84,916,416
Devon Energy Corp.
 7,740,599 388,423,258
Dexcom, Inc. (a)
 4,659,250 646,237,975
Diamondback Energy, Inc.
 2,160,456 428,137,566
Digital Realty Trust, Inc. REIT
 3,654,323 526,368,685
Discover Financial Services
 3,019,996 395,891,276
Dollar General Corp.
 2,647,283 413,134,985
Dollar Tree, Inc. (a)
 2,517,314 335,180,359
Dominion Energy, Inc.
 10,092,957 496,472,555
Domino's Pizza, Inc.
 420,829 209,101,514
Dover Corp.
 1,688,368 299,161,926
Dow, Inc.
 8,459,006 490,030,218
DR Horton, Inc.
 3,632,880 597,790,404
DTE Energy Co.
 2,488,976 279,113,769
Duke Energy Corp.
 9,294,778 898,897,980
DuPont de Nemours, Inc.
 5,185,938 397,605,866
Eastman Chemical Co.
 1,431,481 143,463,026
Eaton Corp. PLC
 4,816,816 1,506,122,027
eBay, Inc.
 6,258,892 330,344,320
Ecolab, Inc.
 3,060,539 706,678,455
Edison International
 4,619,198 326,715,875
Edwards Lifesciences Corp. (a)
 7,314,155 698,940,652
Electronic Arts, Inc.
 2,950,721 391,472,155
Common Stocks Shares Value
Elevance Health, Inc.
 2,833,079 $ 1,469,064,785
Eli Lilly & Co.
 9,615,398 7,480,395,028
Emerson Electric Co.
 6,875,622 779,833,047
Enphase Energy, Inc. (a)
 1,646,110 199,146,388
Entergy Corp.
 2,553,165 269,818,477
EOG Resources, Inc.
 7,028,912 898,576,110
EPAM Systems, Inc. (a)
 691,126 190,861,356
EQT Corp.
 4,960,388 183,881,583
Equifax, Inc.
 1,480,844 396,155,387
Equinix, Inc. REIT
 1,130,135 932,734,320
Equity Residential REIT
 4,129,076 260,585,986
Essex Property Trust, Inc. REIT
 774,987 189,724,567
Estee Lauder Cos., Inc. Class A
 2,805,931 432,534,264
Etsy, Inc. (a)
 1,444,070 99,236,490
Everest Group Ltd.
 520,695 206,976,263
Evergy, Inc.
 2,779,019 148,344,034
Eversource Energy
 4,218,078 252,114,522
Exelon Corp.
 12,014,380 451,380,257
Expedia Group, Inc. (a)
 1,606,976 221,360,944
Expeditors International of Washington, Inc.
 1,753,047 213,117,924
Extra Space Storage, Inc. REIT
 2,549,763 374,815,161
Exxon Mobil Corp.
 47,918,225 5,570,014,474
F5, Inc. (a)
 716,125 135,770,139
FactSet Research Systems, Inc.
 458,360 208,274,200
Fair Isaac Corp. (a)
 298,285 372,739,919
Fastenal Co.
 6,897,053 532,038,668
Federal Realty Investment Trust REIT
 885,242 90,400,913
FedEx Corp.
 2,788,675 807,990,695
Fidelity National Information Services, Inc.
 7,151,935 530,530,538
Fifth Third Bancorp
 8,227,617 306,149,629
First Solar, Inc. (a)
 1,290,920 217,907,296
FirstEnergy Corp.
 6,236,093 240,837,912
Fiserv, Inc. (a)
 7,237,780 1,156,742,000
FMC Corp.
 1,516,704 96,614,045
Ford Motor Co.
 47,442,628 630,038,100
 
See accompanying notes to financial statements.
3

SPDR S&P 500® ETF Trust
Schedule of Investments (continued)
March 31, 2024 (Unaudited)
Common Stocks Shares Value
Fortinet, Inc. (a)
 7,686,134 $ 525,039,814
Fortive Corp.
 4,242,803 364,965,914
Fox Corp. Class A
 2,977,693 93,112,460
Fox Corp. Class B
 1,593,529 45,606,800
Franklin Resources, Inc.
 3,408,245 95,805,767
Freeport-McMoRan, Inc.
 17,298,035 813,353,606
Garmin Ltd.
 1,848,960 275,254,675
Gartner, Inc. (a)
 939,806 447,977,326
GE HealthCare Technologies, Inc.
 5,113,300 464,850,103
Gen Digital, Inc.
 6,799,017 152,297,981
Generac Holdings, Inc. (a)
 740,597 93,418,906
General Dynamics Corp.
 2,727,275 770,427,915
General Electric Co.
 13,125,446 2,303,909,536
General Mills, Inc.
 6,852,703 479,483,629
General Motors Co.
 13,930,392 631,743,277
Genuine Parts Co.
 1,692,519 262,221,969
Gilead Sciences, Inc.
 15,026,924 1,100,722,183
Global Payments, Inc.
 3,142,096 419,972,551
Globe Life, Inc.
 1,033,138 120,226,269
Goldman Sachs Group, Inc.
 3,933,068 1,642,803,173
Halliburton Co.
 10,791,397 425,396,870
Hartford Financial Services Group, Inc.
 3,625,948 373,653,941
Hasbro, Inc.
 1,538,912 86,979,306
HCA Healthcare, Inc.
 2,388,965 796,791,496
Healthpeak Properties, Inc. REIT
 8,534,398 160,019,963
Henry Schein, Inc. (a)
 1,577,959 119,167,464
Hershey Co.
 1,810,870 352,214,215
Hess Corp.
 3,334,627 508,997,465
Hewlett Packard Enterprise Co.
 15,480,584 274,470,754
Hilton Worldwide Holdings, Inc.
 3,043,095 649,122,594
Hologic, Inc. (a)
 2,832,306 220,806,576
Home Depot, Inc.
 12,010,109 4,607,077,812
Honeywell International, Inc.
 7,950,083 1,631,754,536
Hormel Foods Corp.
 3,488,327 121,707,729
Common Stocks Shares Value
Host Hotels & Resorts, Inc. REIT
 8,507,510 $ 175,935,307
Howmet Aerospace, Inc.
 4,722,202 323,140,283
HP, Inc.
 10,470,748 316,426,005
Hubbell, Inc.
 646,588 268,366,349
Humana, Inc.
 1,484,632 514,751,607
Huntington Bancshares, Inc.
 17,310,291 241,478,559
Huntington Ingalls Industries, Inc.
 479,934 139,886,363
IDEX Corp.
 907,817 221,525,504
IDEXX Laboratories, Inc. (a)
 1,002,762 541,421,287
Illinois Tool Works, Inc.
 3,300,751 885,690,516
Illumina, Inc. (a)
 1,902,822 261,295,517
Incyte Corp. (a)
 2,245,097 127,903,176
Ingersoll Rand, Inc.
 4,884,496 463,782,895
Insulet Corp. (a)
 842,568 144,416,155
Intel Corp.
 51,019,849 2,253,546,730
Intercontinental Exchange, Inc. (b)
 6,902,928 948,669,395
International Business Machines Corp.
 11,041,436 2,108,472,619
International Flavors & Fragrances, Inc.
 3,083,513 265,151,283
International Paper Co.
 4,175,979 162,946,701
Interpublic Group of Cos., Inc.
 4,629,305 151,054,222
Intuit, Inc.
 3,380,236 2,197,153,400
Intuitive Surgical, Inc. (a)
 4,244,381 1,693,890,013
Invesco Ltd.
 5,440,709 90,261,362
Invitation Homes, Inc. REIT
 6,948,625 247,440,536
IQVIA Holdings, Inc. (a)
 2,209,356 558,724,039
Iron Mountain, Inc. REIT
 3,520,688 282,394,384
J M Smucker Co.
 1,237,658 155,784,012
Jabil, Inc.
 1,542,980 206,682,171
Jack Henry & Associates, Inc.
 880,410 152,953,629
Jacobs Solutions, Inc.
 1,522,039 233,983,055
JB Hunt Transport Services, Inc.
 983,696 196,001,428
Johnson & Johnson
 29,030,939 4,592,404,240
 
See accompanying notes to financial statements.
4

SPDR S&P 500® ETF Trust
Schedule of Investments (continued)
March 31, 2024 (Unaudited)
Common Stocks Shares Value
Johnson Controls International PLC
 8,210,878 $ 536,334,551
JPMorgan Chase & Co.
 34,861,081 6,982,674,524
Juniper Networks, Inc.
 3,846,763 142,561,037
Kellanova
 3,186,236 182,539,460
Kenvue, Inc.
 20,802,269 446,416,693
Keurig Dr Pepper, Inc.
 12,567,579 385,447,648
KeyCorp
 11,303,677 178,711,133
Keysight Technologies, Inc. (a)
 2,140,598 334,746,715
Kimberly-Clark Corp.
 4,075,012 527,102,802
Kimco Realty Corp. REIT
 8,038,056 157,626,278
Kinder Morgan, Inc.
 23,323,324 427,749,762
KLA Corp.
 1,638,772 1,144,796,956
Kraft Heinz Co.
 9,600,245 354,249,041
Kroger Co.
 7,889,189 450,709,368
L3Harris Technologies, Inc.
 2,285,628 487,067,327
Laboratory Corp. of America Holdings
 1,023,493 223,592,281
Lam Research Corp.
 1,582,132 1,537,151,987
Lamb Weston Holdings, Inc.
 1,733,101 184,627,250
Las Vegas Sands Corp.
 4,456,158 230,383,369
Leidos Holdings, Inc.
 1,645,698 215,734,551
Lennar Corp. Class A
 3,015,505 518,606,550
Linde PLC
 5,847,713 2,715,210,100
Live Nation Entertainment, Inc. (a)
 1,711,107 180,983,787
LKQ Corp.
 3,233,307 172,690,927
Lockheed Martin Corp.
 2,595,442 1,180,588,703
Loews Corp.
 2,207,448 172,821,104
Lowe's Cos., Inc.
 6,958,553 1,772,552,206
Lululemon Athletica, Inc. (a)
 1,388,391 542,374,944
LyondellBasell Industries NV Class A
 3,068,504 313,846,589
M&T Bank Corp.
 2,002,880 291,298,867
Marathon Oil Corp.
 7,057,527 200,010,315
Marathon Petroleum Corp.
 4,440,358 894,732,137
MarketAxess Holdings, Inc.
 453,647 99,462,105
Common Stocks Shares Value
Marriott International, Inc. Class A
 2,974,714 $ 750,550,089
Marsh & McLennan Cos., Inc.
 5,946,086 1,224,774,794
Martin Marietta Materials, Inc.
 746,162 458,098,698
Masco Corp.
 2,715,190 214,174,187
Mastercard, Inc. Class A
 9,955,912 4,794,468,542
Match Group, Inc. (a)
 3,277,661 118,913,541
McCormick & Co., Inc.
 3,030,134 232,744,593
McDonald's Corp.
 8,747,647 2,466,399,072
McKesson Corp.
 1,585,692 851,278,750
Medtronic PLC
 16,044,991 1,398,320,966
Merck & Co., Inc.
 30,559,184 4,032,284,329
Meta Platforms, Inc. Class A
 26,548,208 12,891,278,841
MetLife, Inc.
 7,407,372 548,960,339
Mettler-Toledo International, Inc. (a)
 261,571 348,226,857
MGM Resorts International (a)
 3,295,307 155,571,443
Microchip Technology, Inc.
 6,524,715 585,332,183
Micron Technology, Inc.
 13,320,703 1,570,377,677
Microsoft Corp.
 89,663,945 37,723,414,940
Mid-America Apartment Communities, Inc. REIT
 1,398,902 184,067,525
Moderna, Inc. (a)
 3,995,851 425,797,883
Mohawk Industries, Inc. (a)
 619,611 81,100,884
Molina Healthcare, Inc. (a)
 700,939 287,966,769
Molson Coors Beverage Co. Class B
 2,241,662 150,751,770
Mondelez International, Inc. Class A
 16,247,815 1,137,347,050
Monolithic Power Systems, Inc.
 577,402 391,143,663
Monster Beverage Corp. (a)
 8,908,947 528,122,378
Moody's Corp.
 1,897,666 745,839,668
Morgan Stanley
 15,117,810 1,423,492,990
 
See accompanying notes to financial statements.
5

SPDR S&P 500® ETF Trust
Schedule of Investments (continued)
March 31, 2024 (Unaudited)
Common Stocks Shares Value
Mosaic Co.
 3,941,551 $ 127,942,745
Motorola Solutions, Inc.
 2,001,878 710,626,652
MSCI, Inc.
 954,476 534,936,074
Nasdaq, Inc.
 4,585,158 289,323,470
NetApp, Inc.
 2,516,407 264,147,243
Netflix, Inc. (a)
 5,222,213 3,171,606,621
Newmont Corp.
 13,916,300 498,760,192
News Corp. Class A
 4,602,975 120,505,886
News Corp. Class B
 1,395,400 37,759,524
NextEra Energy, Inc.
 24,742,907 1,581,319,186
NIKE, Inc. Class B
 14,688,722 1,380,446,094
NiSource, Inc.
 4,883,135 135,067,514
Nordson Corp.
 650,136 178,488,337
Norfolk Southern Corp.
 2,726,916 695,009,081
Northern Trust Corp.
 2,500,421 222,337,435
Northrop Grumman Corp.
 1,709,285 818,166,358
Norwegian Cruise Line Holdings Ltd. (a)
 5,008,500 104,827,905
NRG Energy, Inc.
 2,722,845 184,309,378
Nucor Corp.
 2,964,839 586,741,638
NVIDIA Corp.
 29,805,583 26,931,132,575
NVR, Inc. (a)
 38,431 311,289,563
NXP Semiconductors NV
 3,108,439 770,177,931
Occidental Petroleum Corp.
 7,961,999 517,450,315
Old Dominion Freight Line, Inc.
 2,157,946 473,259,137
Omnicom Group, Inc.
 2,387,630 231,027,079
ON Semiconductor Corp. (a)
 5,193,450 381,978,248
ONEOK, Inc.
 7,035,179 564,010,300
Oracle Corp.
 19,239,775 2,416,708,138
O'Reilly Automotive, Inc. (a)
 713,413 805,357,667
Otis Worldwide Corp.
 4,934,035 489,801,654
PACCAR, Inc.
 6,308,798 781,596,984
Packaging Corp. of America
 1,080,707 205,096,574
Palo Alto Networks, Inc. (a)
 3,804,588 1,080,997,588
Paramount Global Class B
 5,826,879 68,582,366
Common Stocks Shares Value
Parker-Hannifin Corp.
 1,549,381 $ 861,130,466
Paychex, Inc.
 3,878,255 476,249,714
Paycom Software, Inc.
 587,935 117,004,944
PayPal Holdings, Inc. (a)
 12,999,327 870,824,916
Pentair PLC
 1,979,899 169,162,571
PepsiCo, Inc.
 16,580,733 2,901,794,082
Pfizer, Inc.
 68,093,118 1,889,584,025
PG&E Corp.
 25,745,434 431,493,474
Philip Morris International, Inc.
 18,721,556 1,715,268,961
Phillips 66
 5,188,641 847,512,621
Pinnacle West Capital Corp.
 1,355,111 101,267,445
Pioneer Natural Resources Co.
 2,815,144 738,975,300
PNC Financial Services Group, Inc.
 4,803,521 776,248,994
Pool Corp.
 466,516 188,239,206
PPG Industries, Inc.
 2,833,464 410,568,934
PPL Corp.
 8,865,413 244,064,820
Principal Financial Group, Inc.
 2,644,979 228,288,137
Procter & Gamble Co.
 28,421,546 4,611,395,839
Progressive Corp.
 7,055,095 1,459,134,748
Prologis, Inc. REIT
 11,142,868 1,451,024,271
Prudential Financial, Inc.
 4,353,259 511,072,607
PTC, Inc. (a)
 1,436,748 271,459,167
Public Service Enterprise Group, Inc.
 6,009,411 401,308,467
Public Storage REIT
 1,910,301 554,101,908
PulteGroup, Inc.
 2,598,439 313,423,712
Qorvo, Inc. (a)
 1,176,481 135,095,313
QUALCOMM, Inc.
 13,424,048 2,272,691,326
Quanta Services, Inc.
 1,754,192 455,739,082
Quest Diagnostics, Inc.
 1,344,884 179,017,509
Ralph Lauren Corp.
 478,788 89,897,235
Raymond James Financial, Inc.
 2,271,890 291,756,114
Realty Income Corp. REIT
 10,016,851 541,911,639
Regency Centers Corp. REIT
 1,986,302 120,290,449
 
See accompanying notes to financial statements.
6

SPDR S&P 500® ETF Trust
Schedule of Investments (continued)
March 31, 2024 (Unaudited)
Common Stocks Shares Value
Regeneron Pharmaceuticals, Inc. (a)
 1,275,009 $ 1,227,183,412
Regions Financial Corp.
 11,213,817 235,938,710
Republic Services, Inc.
 2,466,099 472,109,993
ResMed, Inc.
 1,771,608 350,831,532
Revvity, Inc.
 1,488,115 156,252,075
Robert Half, Inc.
 1,276,324 101,186,967
Rockwell Automation, Inc.
 1,384,365 403,307,055
Rollins, Inc.
 3,385,163 156,631,492
Roper Technologies, Inc.
 1,282,129 719,069,228
Ross Stores, Inc.
 4,082,986 599,219,025
Royal Caribbean Cruises Ltd. (a)
 2,848,045 395,906,735
RTX Corp.
 16,011,203 1,561,572,629
S&P Global, Inc.
 3,877,415 1,649,646,212
Salesforce, Inc.
 11,681,201 3,518,144,117
SBA Communications Corp. REIT
 1,301,005 281,927,784
Schlumberger NV
 17,174,031 941,308,639
Seagate Technology Holdings PLC
 2,331,182 216,916,485
Sempra
 7,593,580 545,446,851
ServiceNow, Inc. (a)
 2,473,967 1,886,152,441
Sherwin-Williams Co.
 2,840,144 986,467,216
Simon Property Group, Inc. REIT
 3,934,382 615,691,439
Skyworks Solutions, Inc.
 1,925,651 208,586,516
Snap-on, Inc.
 638,595 189,164,611
Southern Co.
 13,155,220 943,755,483
Southwest Airlines Co.
 7,181,673 209,633,035
Stanley Black & Decker, Inc.
 1,856,462 181,803,324
Starbucks Corp.
 13,662,293 1,248,596,957
State Street Corp. (c)
 3,718,076 287,481,636
Steel Dynamics, Inc.
 1,834,096 271,868,050
STERIS PLC
 1,192,573 268,114,262
Stryker Corp.
 4,078,375 1,459,528,061
Super Micro Computer, Inc. (a)
 607,485 613,578,075
Synchrony Financial
 4,987,445 215,058,628
Synopsys, Inc. (a)
 1,834,724 1,048,544,766
Common Stocks Shares Value
Sysco Corp.
 6,077,865 $ 493,401,081
T Rowe Price Group, Inc.
 2,695,037 328,578,911
Take-Two Interactive Software, Inc. (a)
 1,908,648 283,415,142
Tapestry, Inc.
 2,763,763 131,223,467
Targa Resources Corp.
 2,688,789 301,117,480
Target Corp.
 5,565,633 986,285,824
TE Connectivity Ltd.
 3,746,708 544,171,870
Teledyne Technologies, Inc. (a)
 567,801 243,768,325
Teleflex, Inc.
 568,232 128,517,031
Teradyne, Inc.
 1,844,047 208,063,823
Tesla, Inc. (a)
 33,435,293 5,877,590,156
Texas Instruments, Inc.
 10,953,078 1,908,135,718
Textron, Inc.
 2,363,441 226,724,895
Thermo Fisher Scientific, Inc.
 4,658,590 2,707,619,094
TJX Cos., Inc.
 13,795,531 1,399,142,754
T-Mobile U.S., Inc.
 6,301,697 1,028,562,984
Tractor Supply Co.
 1,303,676 341,198,083
Trane Technologies PLC
 2,753,993 826,748,699
TransDigm Group, Inc.
 667,282 821,824,511
Travelers Cos., Inc.
 2,754,184 633,847,906
Trimble, Inc. (a)
 3,002,269 193,226,033
Truist Financial Corp.
 16,046,948 625,510,033
Tyler Technologies, Inc. (a)
 503,914 214,168,489
Tyson Foods, Inc. Class A
 3,446,733 202,426,629
U.S. Bancorp
 18,776,476 839,308,477
Uber Technologies, Inc. (a)
 24,817,582 1,910,705,638
UDR, Inc. REIT
 3,661,845 136,989,621
Ulta Beauty, Inc. (a)
 593,517 310,338,169
Union Pacific Corp.
 7,351,438 1,807,939,147
United Airlines Holdings, Inc. (a)
 3,953,465 189,291,904
United Parcel Service, Inc. Class B
 8,721,787 1,296,319,202
United Rentals, Inc.
 817,189 589,283,160
UnitedHealth Group, Inc.
 11,153,160 5,517,468,252
Universal Health Services, Inc. Class B
 735,659 134,228,341
 
See accompanying notes to financial statements.
7

SPDR S&P 500® ETF Trust
Schedule of Investments (continued)
March 31, 2024 (Unaudited)
Common Stocks Shares Value
Valero Energy Corp.
 4,105,712 $ 700,803,981
Ventas, Inc. REIT
 4,845,626 210,978,556
Veralto Corp.
 2,646,942 234,677,878
VeriSign, Inc. (a)
 1,070,683 202,905,135
Verisk Analytics, Inc.
 1,750,465 412,637,114
Verizon Communications, Inc.
 50,699,703 2,127,359,538
Vertex Pharmaceuticals, Inc. (a)
 3,107,564 1,298,992,828
VF Corp.
 3,999,914 61,358,681
Viatris, Inc.
 14,492,987 173,046,265
VICI Properties, Inc. REIT
 12,475,969 371,659,117
Visa, Inc. Class A
 19,085,325 5,326,332,501
Vulcan Materials Co.
 1,604,045 437,775,961
W R Berkley Corp.
 2,457,753 217,363,675
Walgreens Boots Alliance, Inc.
 8,676,228 188,187,385
Walmart, Inc.
 51,610,812 3,105,422,558
Walt Disney Co.
 22,070,766 2,700,578,928
Warner Bros Discovery, Inc. (a)
 26,765,285 233,660,938
Waste Management, Inc.
 4,420,496 942,228,722
Waters Corp. (a)
 713,966 245,768,516
WEC Energy Group, Inc.
 3,807,179 312,645,539
Wells Fargo & Co.
 43,428,115 2,517,093,545
Welltower, Inc. REIT
 6,678,911 624,077,444
West Pharmaceutical Services, Inc.
 892,610 353,214,703
Common Stocks Shares Value
Western Digital Corp. (a)
 3,868,539 $ 263,989,101
Westinghouse Air Brake Technologies Corp.
 2,163,838 315,227,920
Westrock Co.
 3,064,854 151,557,030
Weyerhaeuser Co. REIT
 8,812,195 316,445,922
Williams Cos., Inc.
 14,683,254 572,206,408
Willis Towers Watson PLC
 1,245,012 342,378,300
WW Grainger, Inc.
 532,538 541,750,907
Wynn Resorts Ltd.
 1,157,703 118,351,978
Xcel Energy, Inc.
 6,620,670 355,861,013
Xylem, Inc.
 2,886,347 373,031,486
Yum! Brands, Inc.
 3,386,297 469,510,079
Zebra Technologies Corp. Class A (a)
 619,022 186,597,992
Zimmer Biomet Holdings, Inc.
 2,524,716 333,212,018
Zoetis, Inc.
 5,537,070 936,927,615
Total Common Stocks
(Cost $533,605,497,807) 		  $531,844,734,700
(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, 2024.
Description Level 1 –
Quoted Prices 		Level 2 –
Other Significant
Observable Inputs 		Level 3 –
Significant
Unobservable Inputs 		Total
ASSETS:         
INVESTMENTS:        
Common Stocks $531,844,734,700 $— $— $531,844,734,700
See accompanying notes to financial statements.
8

SPDR S&P 500® ETF Trust
Schedule of Investments (continued)
March 31, 2024 (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, 2024 and for the six months then ended are (Note 3):
  Number of
Shares Held
at 9/30/23 		Value at
9/30/23 		  Cost of
Purchases* 		  Proceeds
from
Shares Sold* 		  Realized
Gain (Loss) 		  Change in
Unrealized
Appreciation/
Depreciation 		Number of
Shares Held
at 3/31/24 		Value at
3/31/24 		  Dividend
Income
Intercontinental Exchange, Inc.
 6,433,366 $707,798,927   $607,871,637   $550,091,582   $38,268,322   $144,822,091 6,902,928 $ 948,669,395   $ 5,740,536
State Street Corp.
 3,581,968 239,848,577   193,741,657   183,781,429   (1,590,436)   39,263,267 3,718,076 287,481,636   5,226,125
TOTAL
   $ 947,647,504   $ 801,613,294   $ 733,873,011   $ 36,677,886   $ 184,085,358   $ 1,236,151,031   $ 10,966,661
* 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, 2024 (Unaudited)
INDUSTRY BREAKDOWN AS OF MARCH 31, 2024*
INDUSTRY % OF
NET ASSETS
Software
 10.7%
Semiconductors & Semiconductor Equipment
 10.2
Interactive Media & Services
 6.2
Technology Hardware, Storage & Peripherals
 6.0
Financial Services
 4.3
Banks
 4.1
Pharmaceuticals
 3.9
Broadline Retail
 3.8
Oil, Gas & Consumable Fuels
 3.6
Health Care Providers & Services
 2.6
Health Care Equipment & Supplies
 2.6
Insurance
 2.2
Specialty Retail
 2.1
Hotels, Restaurants & Leisure
 2.0
Capital Markets
 2.0
Biotechnology
 1.9
Consumer Staples Distribution & Retail
 1.9
Machinery
 1.8
Chemicals
 1.6
Aerospace & Defense
 1.5
Electric Utilities
 1.5
Life Sciences Tools & Services
 1.4
Beverages
 1.4
Automobiles
 1.3
Entertainment
 1.3
Household Products
 1.2
IT Services
 1.2
Ground Transportation
 1.1
Specialized REITs
 1.0
Industrial Conglomerates
 0.9
Communications Equipment
 0.8
Food Products
 0.8
Diversified Telecommunication Services
 0.7
Professional Services
 0.7
Electronic Equipment, Instruments & Components
 0.7
Electrical Equipment
 0.6
Multi-Utilities
 0.6
Media
 0.6
INDUSTRY % OF
NET ASSETS
Commercial Services & Supplies
 0.6%
Consumer Finance
 0.5
Building Products
 0.5
Tobacco
 0.5
Textiles, Apparel & Luxury Goods
 0.5
Air Freight & Logistics
 0.5
Metals & Mining
 0.4
Household Durables
 0.4
Energy Equipment & Services
 0.3
Trading Companies & Distributors
 0.3
Retail REITs
 0.3
Residential REITs
 0.3
Industrial REITs
 0.3
Containers & Packaging
 0.2
Wireless Telecommunication Services
 0.2
Health Care REITs
 0.2
Construction Materials
 0.2
Airlines
 0.2
Personal Care Products
 0.2
Real Estate Management & Development
 0.2
Distributors
 0.1
Construction & Engineering
 0.1
Auto Components
 0.1
Office REITs
 0.1
Water Utilities
 0.0**
Gas Utilities
 0.0**
Hotel & Resort REITs
 0.0**
Independent Power & Renewable Electricity Producers
 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, 2024 (Unaudited) 
ASSETS  
Investments in unaffiliated issuers, at value (Note 2)
 $530,608,583,669
Investments in affiliates of the Trustee and the Sponsor, at value  
 1,236,151,031
Total Investments
 531,844,734,700
Cash
 1,421,986,624
Receivable for units of fractional undivided interest (“Units”) issued in-kind
 137,971
Dividends receivable — unaffiliated issuers (Note 2)
 413,115,640
Dividends receivable — affiliated issuers (Note 2)
 5,632,279
Receivable for foreign taxes recoverable
 547,276
Total Assets
 533,686,154,490
LIABILITIES  
Accrued Trustee expense (Note 3)
 25,307,722
Accrued marketing expense (Note 3)
 30,974,725
Distribution payable
 1,557,826,191
Accrued expenses and other liabilities
 59,289,322
Total Liabilities
 1,673,397,960
NET ASSETS
$532,012,756,530
NET ASSETS CONSIST OF:  
Paid-in Capital (Note 4)
 $554,927,643,946
Total distributable earnings (loss)
 (22,914,887,416)
NET ASSETS
$532,012,756,530
NET ASSET VALUE PER UNIT
$ 523.49
UNITS OUTSTANDING (UNLIMITED UNITS AUTHORIZED)
1,016,282,116
COST OF INVESTMENTS:  
Unaffiliated issuers
 $532,342,372,064
Affiliates of the Trustee and the Sponsor (Note 3)
 1,263,125,743
Total Cost of Investments
 $533,605,497,807
See accompanying notes to financial statements.
11

SPDR S&P 500® ETF Trust
Statements of Operations
  Six Months Ended
3/31/24
(Unaudited) 		  Year Ended
9/30/23 		  Year Ended
9/30/22 		  Year Ended
9/30/21
INVESTMENT INCOME              
Dividend income — unaffiliated issuers (Note 2)
 $ 3,636,217,782   $ 6,311,737,018   $ 5,814,040,700   $ 5,063,477,430
Dividend income — affiliates of the Trustee and the Sponsor
 10,966,661   19,996,068   18,096,796   15,321,426
Foreign taxes withheld
 (927,517)   (1,679,078)   (1,312,601)   (484,053)
Total Investment Income
 3,646,256,926   6,330,054,008   5,830,824,895   5,078,314,803
EXPENSES              
Trustee expense (Note 3)
 108,354,055   175,093,321   223,329,603   203,372,449
S&P license fee (Note 3)
 69,491,744   115,509,122   117,918,485   105,207,778
Marketing expense (Note 3)
 37,676,257   65,729,666   25,359,401   15,493,874
Registration and filing fees
 540,000   —   —   —
Legal and audit fees
 151,780   588,706   441,522   616,921
Other expenses
 1,737,572   5,042,924   2,504,225   4,823,485
Total Expenses
 217,951,408   361,963,739   369,553,236   329,514,507
NET INVESTMENT INCOME (LOSS)
 3,428,305,518   5,968,090,269   5,461,271,659   4,748,800,296
REALIZED AND UNREALIZED GAIN (LOSS)              
Net realized gain (loss) on:              
Investments — unaffiliated issuers
 (1,119,649,661)   (3,915,717,181)   (2,352,742,735)   (3,076,057,194)
Investments — affiliates of the Trustee and the Sponsor
 (3,231,917)   (17,957,675)   —   (6,071,948)
In-kind redemptions — unaffiliated issuers
 33,297,301,094   24,760,750,943   50,130,219,174   72,888,738,765
In-kind redemptions — affiliated issuers
 39,909,803   15,556,396   87,262,145   114,827,869
Net realized gain (loss)
 32,214,329,319   20,842,632,483   47,864,738,584   69,921,437,492
Net change in unrealized appreciation/depreciation on:              
Investments — unaffiliated issuers
 61,748,951,246   44,789,048,168   (113,100,095,302)   11,150,654,602
Investments — affiliates of the Trustee and the Sponsor
 184,085,358   154,584,224   (331,704,873)   69,456,986
Net change in unrealized appreciation/depreciation
 61,933,036,604   44,943,632,392   (113,431,800,175)   11,220,111,588
NET REALIZED AND UNREALIZED GAIN (LOSS)
 94,147,365,923   65,786,264,875   (65,567,061,591)   81,141,549,080
NET INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS
 $97,575,671,441   $71,754,355,144   $ (60,105,789,932)   $85,890,349,376
See accompanying notes to financial statements.
12

SPDR S&P 500® ETF Trust
Statements of Changes in Net Assets
  Six Months
Ended
3/31/24
(Unaudited) 		  Year Ended
9/30/23 		  Year Ended
9/30/22 		  Year Ended
9/30/21
INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS:              
Net investment income (loss)
 $ 3,428,305,518   $ 5,968,090,269   $ 5,461,271,659   $ 4,748,800,296
Net realized gain (loss)
 32,214,329,319   20,842,632,483   47,864,738,584   69,921,437,492
Net change in unrealized appreciation/depreciation
 61,933,036,604   44,943,632,392   (113,431,800,175)   11,220,111,588
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS
 97,575,671,441   71,754,355,144   (60,105,789,932)   85,890,349,376
NET EQUALIZATION CREDITS AND CHARGES (NOTE 2)
 9,738,859   (13,333,359)   49,404,768   14,211,571
DISTRIBUTIONS TO UNITHOLDERS
(3,413,449,472)   (6,037,265,137)   (5,672,206,879)   (4,958,580,733)
INCREASE (DECREASE) IN NET ASSETS FROM UNIT TRANSACTIONS:              
Proceeds from issuance of Units
 490,668,227,942   656,633,347,164   752,047,231,926   653,742,584,343
Cost of Units redeemed
 (456,785,272,878)   (648,847,861,480)   (740,656,771,588)   (643,775,317,843)
Net income equalization (Note 2)
 (9,738,859)   13,333,359   (49,404,768)   (14,211,571)
NET INCREASE (DECREASE) IN NET ASSETS FROM ISSUANCE AND REDEMPTION OF UNITS
 33,873,216,205   7,798,819,043   11,341,055,570   9,953,054,929
NET INCREASE (DECREASE) IN NET ASSETS DURING THE PERIOD
128,045,177,033   73,502,575,691   (54,387,536,473)   90,899,035,143
NET ASSETS AT BEGINNING OF PERIOD
403,967,579,497   330,465,003,806   384,852,540,279   293,953,505,136
NET ASSETS AT END OF PERIOD
 $ 532,012,756,530   $ 403,967,579,497   $ 330,465,003,806   $ 384,852,540,279
UNIT TRANSACTIONS:              
Units sold
 1,033,100,000   1,598,300,000   1,757,900,000   1,652,950,000
Units redeemed
 (962,200,000)   (1,577,850,000)   (1,729,600,000)