# BNP Paribas Prime Brokerage: ETF AP

> BNP Paribas Prime Brokerage, Inc. was an authorized participant (AP) for 457 US ETFs in Form N-CEN periods ending Jul 31, 2025 to Jun 30, 2026.

Data as of Sep 23, 2026. Rebuilt every trading night.

As of Sep 23, 2026 . From each ETF’s latest Form N-CEN.

## BNP Paribas Prime Brokerage, Inc.

BNP Paribas Prime Brokerage, Inc. was an authorized participant (AP) for 457 US ETFs in Form N-CEN periods ending Jul 31, 2025 to Jun 30, 2026. It created $100.0bn and redeemed $93.2bn of their shares. It was active in 58 of them.

usa.bnpparibas

| # | Ticker | Fund | Category | Created | Redeemed | Created and redeemed | Share of the fund’s AP dollars | Active APs in the fund | Period ending |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1 | SPY | SPDR S&P 500 ETF Trust | U.S. stocks | $46.2bn | $51.7bn | $97.9bn | 4.7% | 26 | Dec 31, 2025 |
| 2 | SPYM | State Street SPDR Portfolio S&P 500 ETF | U.S. stocks | $12.4bn | $3.1bn | $15.5bn | 12.3% | 18 | Jun 30, 2026 |
| 3 | XLI | State Street Industrial Select Sector SPDR ETF | Sector stocks | $5.0bn | $5.0bn | $10.0bn | 18.8% | 23 | Sep 30, 2025 |
| 4 | XLF | State Street Financial Select Sector SPDR ETF | Sector stocks | $5.2bn | $4.5bn | $9.7bn | 7.3% | 21 | Sep 30, 2025 |
| 5 | XLV | State Street Health Care Select Sector SPDR ETF | Sector stocks | $3.5bn | $3.1bn | $6.5bn | 11.1% | 23 | Sep 30, 2025 |
| 6 | XLP | State Street Consumer Staples Select Sector SPDR ETF | Sector stocks | $2.9bn | $3.2bn | $6.1bn | 13.9% | 23 | Sep 30, 2025 |
| 7 | SMH | VanEck Semiconductor ETF | Themes | $3.4bn | $2.6bn | $6.0bn | 8.6% | 17 | Sep 30, 2025 |
| 8 | XBI | State Street SPDR S&P Biotech ETF | Themes | $3.2bn | $2.4bn | $5.5bn | 9.2% | 19 | Jun 30, 2026 |
| 9 | XLU | State Street Utilities Select Sector SPDR ETF | Sector stocks | $2.3bn | $2.2bn | $4.5bn | 15.7% | 22 | Sep 30, 2025 |
| 10 | XLY | State Street Consumer Discretionary Select Sector SPDR ETF | Sector stocks | $1.9bn | $2.2bn | $4.1bn | 11.1% | 16 | Sep 30, 2025 |
| 11 | XLE | State Street Energy Select Sector SPDR ETF | Sector stocks | $1.8bn | $2.0bn | $3.8bn | 8.4% | 21 | Sep 30, 2025 |
| 12 | XLC | State Street Communication Services Select Sector SPDR ETF | Sector stocks | $1.9bn | $1.7bn | $3.5bn | 10.0% | 18 | Sep 30, 2025 |
| 13 | XLB | State Street Materials Select Sector SPDR ETF | Sector stocks | $1.7bn | $1.7bn | $3.5bn | 18.1% | 20 | Sep 30, 2025 |
| 14 | DIA | SPDR Dow Jones Industrial Average ETF Trust | U.S. stocks | $2.0bn | $1.1bn | $3.1bn | 2.3% | 15 | Dec 31, 2025 |
| 15 | XLK | State Street Technology Select Sector SPDR ETF | Sector stocks | $1.6bn | $1.4bn | $3.0bn | 6.6% | 18 | Sep 30, 2025 |
| 16 | XRT | State Street SPDR S&P Retail ETF | Sector stocks | $1.2bn | $1.0bn | $2.3bn | 8.9% | 19 | Jun 30, 2026 |
| 17 | XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | Sector stocks | $740m | $866m | $1.6bn | 7.0% | 16 | Jun 30, 2026 |
| 18 | KRE | State Street SPDR S&P Regional Banking ETF | Sector stocks | $633m | $735m | $1.4bn | 2.5% | 17 | Jun 30, 2026 |
| 19 | XLRE | State Street Real Estate Select Sector SPDR ETF | Sector stocks | $620m | $466m | $1.1bn | 13.1% | 18 | Sep 30, 2025 |
| 20 | XME | State Street SPDR S&P Metals & Mining ETF | Themes | $317m | $385m | $702m | 6.4% | 15 | Jun 30, 2026 |
| 21 | OIH | VanEck Oil Services ETF | Sector stocks | $197m | $342m | $539m | 8.8% | 13 | Dec 31, 2025 |
| 22 | XHB | State Street SPDR S&P Homebuilders ETF | Sector stocks | $291m | $201m | $492m | 4.6% | 15 | Jun 30, 2026 |
| 23 | KBE | State Street SPDR S&P Bank ETF | Sector stocks | $145m | $195m | $341m | 5.6% | 14 | Jun 30, 2026 |
| 24 | KIE | State Street SPDR S&P Insurance ETF | Sector stocks | $114m | $139m | $253m | 4.9% | 15 | Jun 30, 2026 |
| 25 | XAR | State Street SPDR S&P Aerospace & Defense ETF | Themes | $117m | $103m | $219m | 3.0% | 11 | Jun 30, 2026 |
| 26 | SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | U.S. stocks | $95.5m | $99.3m | $195m | 2.7% | 14 | Jun 30, 2026 |
| 27 | COWZ | Pacer US Cash Cows 100 ETF | U.S. stocks | $70.1m | $70.7m | $141m | 1.2% | 11 | Apr 30, 2026 |
| 28 | SDY | State Street SPDR S&P Dividend ETF | U.S. stocks | $56.8m | $73.1m | $130m | 3.6% | 10 | Jun 30, 2026 |
| 29 | FENY | Fidelity MSCI Energy Index ETF | Sector stocks | $50.0m | $50.1m | $100m | 12.2% | 9 | Jul 31, 2025 |
| 30 | RWR | State Street SPDR Dow Jones REIT ETF | Sector stocks | $60.4m | $35.8m | $96.2m | 3.6% | 14 | Jun 30, 2026 |
| 31 | XSD | State Street SPDR S&P Semiconductor ETF | Themes | $34.0m | $59.5m | $93.5m | 2.9% | 9 | Jun 30, 2026 |
| 32 | SPSM | State Street SPDR Portfolio S&P 600 Small Cap ETF | U.S. stocks | $45.8m | $45.8m | $91.6m | 1.6% | 11 | Jun 30, 2026 |
| 33 | PPH | VanEck Pharmaceutical ETF | Sector stocks | $43.7m | $34.9m | $78.6m | 2.1% | 14 | Sep 30, 2025 |
| 34 | SRLN | State Street Blackstone Senior Loan ETF | Bonds | $67.7m | $0 | $67.7m | 1.1% | 15 | Jun 30, 2026 |
| 35 | XNTK | State Street SPDR NYSE Technology ETF | Sector stocks | $29.6m | $33.1m | $62.7m | 5.1% | 9 | Jun 30, 2026 |
| 36 | SPYG | State Street SPDR Portfolio S&P 500 Growth ETF | U.S. stocks | $25.0m | $24.9m | $49.9m | 0.3% | 12 | Jun 30, 2026 |
| 37 | SLYG | State Street SPDR S & P 600 Small Cap Growth ETF | U.S. stocks | $24.5m | $21.1m | $45.7m | 3.4% | 9 | Jun 30, 2026 |
| 38 | FDIS | Fidelity MSCI Consumer Discretionary Index ETF | Sector stocks | $21.9m | $22.1m | $43.9m | 8.7% | 9 | Jul 31, 2025 |
| 39 | XTL | State Street SPDR S&P Telecom ETF | U.S. stocks | $18.6m | $21.1m | $39.7m | 3.3% | 10 | Jun 30, 2026 |
| 40 | KOMP | State Street SPDR S&P Kensho New Economies Composite ETF | U.S. stocks | $14.5m | $14.6m | $29.2m | 1.1% | 9 | Jun 30, 2026 |
| 41 | XES | State Street SPDR S&P Oil & Gas Equipment & Services ETF | Sector stocks | $9.8m | $15.3m | $25.1m | 4.0% | 9 | Jun 30, 2026 |
| 42 | KCE | State Street SPDR S&P Capital Markets ETF | Sector stocks | $11.4m | $11.4m | $22.8m | 5.7% | 8 | Jun 30, 2026 |
| 43 | XPH | State Street SPDR S&P Pharmaceuticals ETF | Sector stocks | $8.1m | $10.8m | $18.8m | 3.3% | 11 | Jun 30, 2026 |
| 44 | XSW | State Street SPDR S&P Software & Services ETF | Themes | $9.4m | $8.6m | $18.0m | 2.7% | 10 | Jun 30, 2026 |
| 45 | MDYV | State Street SPDR S & P 400 Mid Cap Value ETF | U.S. stocks | $8.3m | $8.6m | $16.9m | 3.8% | 8 | Jun 30, 2026 |
| 46 | XTN | State Street SPDR S&P Transportation ETF | Sector stocks | $8.8m | $6.2m | $15.0m | 2.6% | 10 | Jun 30, 2026 |
| 47 | MDYG | State Street SPDR S & P 400 Mid Cap Growth ETF | U.S. stocks | $4.8m | $9.6m | $14.4m | 2.2% | 8 | Jun 30, 2026 |
| 48 | FCOM | Fidelity MSCI Communication Services Index ETF | Sector stocks | $6.3m | $6.3m | $12.6m | 3.2% | 10 | Jul 31, 2025 |
| 49 | CALF | Pacer US Small Cap Cash Cows ETF | U.S. stocks | $6.0m | $6.0m | $12.0m | 0.4% | 9 | Apr 30, 2026 |
| 50 | RTH | VanEck Retail ETF | U.S. stocks | $0 | $11.8m | $11.8m | 10.5% | 9 | Sep 30, 2025 |
| 51 | FSTA | Fidelity MSCI Consumer Staples Index ETF | Sector stocks | $5.0m | $5.1m | $10.1m | 2.9% | 8 | Jul 31, 2025 |
| 52 | FREL | Fidelity MSCI Real Estate Index ETF | Sector stocks | $6.8m | $2.4m | $9.3m | 5.2% | 10 | Jul 31, 2025 |
| 53 | XHE | State Street SPDR S&P Health Care Equipment ETF | Sector stocks | $6.0m | $2.0m | $8.1m | 2.4% | 11 | Jun 30, 2026 |
| 54 | FUTY | Fidelity MSCI Utilities Index ETF | Sector stocks | $8.0m | $0 | $8.0m | 1.2% | 8 | Jul 31, 2025 |
| 55 | FNCL | Fidelity MSCI Financials Index ETF | Sector stocks | $3.5m | $3.5m | $7.0m | 1.5% | 7 | Jul 31, 2025 |
| 56 | SPYV | State Street SPDR Portfolio S&P 500 Value ETF | U.S. stocks | $2.6m | $2.7m | $5.3m | 0.0% | 13 | Jun 30, 2026 |
| 57 | SLX | VanEck Steel ETF | Themes | $3.6m | $0 | $3.6m | 2.6% | 8 | Dec 31, 2025 |
| 58 | FITE | State Street SPDR S&P Kensho Future Security ETF | Themes | $768k | $908k | $1.7m | 1.3% | 7 | Jun 30, 2026 |

### BNP Paribas Prime Brokerage by category

The ETFs BNP Paribas Prime Brokerage, Inc. serves, by the category each is placed in, with what it created and redeemed in each.

| # | Category | Share of its dollars | ETFs served | Active in | Created | Redeemed | Only active AP in |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1 | U.S. stocks | 60.7% | 87 | 16 | $61.0bn | $56.3bn | 0 |
| 2 | International stocks | 0.0% | 102 | 0 | $0 | $0 | 0 |
| 3 | Sector stocks | 32.8% | 55 | 33 | $31.9bn | $31.4bn | 0 |
| 4 | Bonds | 0.0% | 153 | 1 | $67.7m | $0 | 0 |
| 5 | Commodities | 0.0% | 5 | 0 | $0 | $0 | 0 |
| 6 | Allocation | 0.0% | 2 | 0 | $0 | $0 | 0 |
| 7 | Income | 0.0% | 18 | 0 | $0 | $0 | 0 |
| 8 | Themes | 6.5% | 35 | 8 | $7.1bn | $5.5bn | 0 |

### Questions people ask

Is BNP Paribas Prime Brokerage an ETF authorized participant (AP)? Yes. BNP Paribas Prime Brokerage, Inc. is listed as an AP for 457 US ETFs in Form N-CEN periods ending Jul 31, 2025 to Jun 30, 2026, and created or redeemed shares in 58 of them. Which ETFs does BNP Paribas Prime Brokerage create and redeem the most? By dollars created and redeemed: SPY, $97.9bn; SPYM, $15.5bn; XLI, $10.0bn; XLF, $9.7bn; XLV, $6.5bn. How much of an ETF’s AP activity does BNP Paribas Prime Brokerage handle? Across the 58 funds it was active in, its share of each fund’s AP dollars ran from 0.0% to 18.8%. It was the only active AP in 0 ETFs. Where do these figures come from? From item E.2 of each ETF’s latest Form N-CEN, which names its APs and the dollars each created and redeemed. ETFIQ groups the rows by BNP Paribas Prime Brokerage’s CRD, SEC file number and LEI, never by the name as typed.

### Method

BNP Paribas Prime Brokerage, Inc. is identified by CRD 24962, SEC file number 8-40490, LEI 7VHWWWW4UJS7NUM3PT30. Its SEC file number is not on the SEC’s list of active broker-dealers dated Oct 1, 2026. Funds filed its name 3 ways; every spelling is in dealers.json. Every row is one authorized participant (AP) listed in item E.2 of an ETF’s latest Form N-CEN, with the dollars of the fund’s shares it purchased from the fund (created) and redeemed in the fund’s reporting period, as filed. A fund’s period is its own fiscal year, or less where the filing says so, so a firm’s total adds periods that end on different days. Rows are grouped into firms by the identifiers each row carries: the CRD number first, the SEC file number and LEI where the CRD is missing or typed wrong, never by name. 71 of 75,056 rows carry a CRD their file number and LEI place on another firm, and are counted there. A firm’s name is its registration on the SEC’s list of active broker-dealers where it is on it. Spot crypto and commodity trusts and ETNs file no N-CEN and are not here.

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### Where these figures came from

ETFIQ links to the documents behind every figure; a link is not an endorsement.

A list of firms is not a rating or a recommendation. ETFIQ is an independent publisher, not an adviser. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, BNP Paribas Prime Brokerage, Inc. as an ETF authorized participant, data as of Sep 23, 2026. https://etfiq.com/trading/authorized-participants/bnp-paribas-prime-brokerage/
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