Vault-13

BARCLAYS BANK PLC

IPTH SR B S&P · CUSIP 06748F324

72 institutional holders +11 vs Q3 2023
12,298,83612.3m shares reported held*
$190.8mreported value*
22 new 19 added 14 reduced 12 sold out net bought ≈ $62.6m (+4.0m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $15.52. Options: 14 managers hold calls ($52.7m notional), 16 hold puts ($131.9m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q1 23: 58Q2 23: 71Q3 23: 61Q4 23: 7272Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q1 202358
Q2 202371
Q3 202361
Q4 202372

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q2 23: 51 bought or addedQ2 23: 29 cut or sold outQ2 23Q3 23: 31 bought or addedQ3 23: 41 cut or sold outQ3 23Q4 23: 41 bought or addedQ4 23: 26 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q2 20235129
Q3 20233141
Q4 20234126

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200m$400m$600mQ1 23 calls: $175.6mQ1 23 puts: $526.4mQ1 23P/C 3.00Q2 23 calls: $131.8mQ2 23 puts: $236.5mQ2 23P/C 1.79Q3 23 calls: $181.9mQ3 23 puts: $400.7mQ3 23P/C 2.20Q4 23 calls: $52.7mQ4 23 puts: $131.9mQ4 23P/C 2.50
Numbers
QuarterCallsPutsP/C
Q1 2023$175.6m$526.4m3.00
Q2 2023$131.8m$236.5m1.79
Q3 2023$181.9m$400.7m2.20
Q4 2023$52.7m$131.9m2.50

Biggest buyers

MILLENNIUM MANAGEMENT LLC Added +1,412,664+1.4m
BARCLAYS PLC Added +1,109,494+1.1m
CITADEL ADVISORS LLC Added +463,772+463.8k
Advisory Services Network, LLC New +316,788+316.8k
JPMORGAN CHASE & CO Added +302,718+302.7k
Concentric Capital Strategies, LP Added +265,762+265.8k
CIBC WORLD MARKET INC. New +234,234+234.2k
IMC-Chicago, LLC New +137,801+137.8k
Jade Capital Advisors, LLC Added +110,000+110.0k
MORGAN STANLEY Added +100,025+100.0k

Biggest sellers

MGO ONE SEVEN LLC Sold out -293,723-293.7k
TWO SIGMA INVESTMENTS, LP Sold out -285,610-285.6k
JANE STREET GROUP, LLC Reduced -210,907-210.9k
HRT FINANCIAL LP Reduced -174,804-174.8k
Verition Fund Management LLC Sold out -90,000-90.0k
HighTower Advisors, LLC Sold out -78,024-78.0k
Arlington Capital Management, Inc. Sold out -65,229-65.2k
PRIMORIS WEALTH ADVISORS, LLC Sold out -45,000-45.0k
Symmetry Investments LP Sold out -34,546-34.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -21,808-21.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $25.6m1.6m shares
CITADEL ADVISORS LLC Reduced $11.7m756.9k shares
WOLVERINE TRADING, LLC Reduced $6.1m390.6k shares
MILLENNIUM MANAGEMENT LLC Added $3.1m200.0k shares
Clark Capital Management Group, Inc. Reduced $2.3m150.0k shares
HORIZON KINETICS ASSET MANAGEMENT LLC Unchanged $1.7m42.3k shares
GTS SECURITIES LLC Added $1.3m80.7k shares
Shay Capital LLC New $582.0k37.5k shares
XR Securities LLC Reduced $294.9k19.0k shares
Cutler Group LLC / CA Added $33.0k126.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $43.0m2.8m shares
CITADEL ADVISORS LLC Reduced $27.5m1.8m shares
JANE STREET GROUP, LLC Added $14.4m929.9k shares
SIMPLEX TRADING, LLC Reduced $13.5m871.9k shares
GROUP ONE TRADING LLC Added $12.8m827.6k shares
IMC-Chicago, LLC Reduced $6.1m390.2k shares
Lombard Odier Asset Management (USA) Corp New $5.4m350.0k shares
WOLVERINE TRADING, LLC Reduced $5.4m347.1k shares
MILLENNIUM MANAGEMENT LLC Added $1.6m100.0k shares
GTS SECURITIES LLC New $770.2k49.6k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BARCLAYS PLC 0.04% of their portfolio LONDON, X0 5,242,3005.2m $81.4m $81.4m 0.04% Added +1.1m +1,109,494
2 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 1,458,2981.5m $22.6m $22.6m 0.02% Added +1.4m +1,412,664
3 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 712,503712.5k $11.1m $11.1m 0.01% Added +463.8k +463,772
4 Jump Financial, LLC 0.34% of their portfolio Chicago, IL 678,330678.3k $10.5m $10.5m 0.34% Added +83.5k +83,465
5 HRT FINANCIAL LP 0.06% of their portfolio NEW YORK, NY 487,742487.7k $7.6m $7.6m 0.06% Reduced -174.8k -174,804
6 Concentric Capital Strategies, LP 0.88% of their portfolio Stamford, CT 433,909433.9k $6.7m $6.7m 0.88% Added +265.8k +265,762
7 New York Life Investment Management LLC 0.06% of their portfolio New York, NY 367,207367.2k $5.7m $5.7m 0.06% Added +78.8k +78,828
8 Advisory Services Network, LLC 0.12% of their portfolio ATLANTA, GA 316,788316.8k $4.9m $4.9m 0.12% New
9 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 306,194306.2k $4.8m $4.8m 0.00% Added +302.7k +302,718
10 Centiva Capital, LP 0.26% of their portfolio New York, NY 272,500272.5k $4.2m $4.2m 0.26% Added +93.5k +93,500
11 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 234,234234.2k $3.6m $3.6m 0.01% New
12 Jade Capital Advisors, LLC 1.87% of their portfolio Essex Fells, NJ 198,250198.2k $3.1m $3.1m 1.87% Added +110.0k +110,000
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 168,372168.4k $2.6m $2.6m 0.00% Added +100.0k +100,025
14 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 167,426167.4k $2.6m $2.6m 0.00% Reduced -210.9k -210,907
15 IMC-Chicago, LLC 0.07% of their portfolio CHICAGO, IL 137,801137.8k $2.1m $2.1m 0.07% New
16 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 121,215121.2k $1.9m $1.9m 0.02% Reduced -10.4k -10,400
17 LUMINUS MANAGEMENT LLC 0.83% of their portfolio HOUSTON, TX 115,000115.0k $1.8m $1.8m 0.83% Added +43.0k +42,997
18 Walleye Trading LLC 0.03% of their portfolio NEW YORK, NY 111,130111.1k $1.7m $1.7m 0.03% Added +64.4k +64,385
19 Elequin Capital, LP 0.42% of their portfolio NEW YORK, NY 89,71789.7k $1.4m $1.4m 0.42% Added +87.2k +87,210
20 Potomac Capital Management, Inc. 1.40% of their portfolio NEW YORK, NY 77,50077.5k $1.2m $1.2m 1.40% New
21 Alphadyne Asset Management LP 1.14% of their portfolio NEW YORK, NY 73,85673.9k $1.1m $1.1m 1.14% New
22 CENTAURUS FINANCIAL, INC. 0.07% of their portfolio ANAHEIM, CA 60,05860.1k $932.0k $932.0k 0.07% New
23 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 49,86549.9k $773.9k $773.9k 0.00% New
24 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 49,11949.1k $762.3k $762.3k 0.00% New
25 SeaCrest Wealth Management, LLC 0.09% of their portfolio PURCHASE, NY 45,62545.6k $709.5k $709.5k 0.09% Reduced -3.8k -3,789
26 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 45,44445.4k $660.3k $660.3k 0.00% Added +106 +106
27 HAP Trading, LLC 0.18% of their portfolio NEW YORK, NY 39,63239.6k $615.1k $615.1k 0.18% New
28 FLOW TRADERS U.S. LLC 0.02% of their portfolio NEW YORK, NY 39,49639.5k $613.0k $613.0k 0.02% Reduced -9.9k -9,901
29 Shay Capital LLC 0.15% of their portfolio NEW YORK, NY 25,00025.0k $388.0k $388.0k 0.15% New
30 Tactive Advisors, LLC 0.22% of their portfolio Jacksonville, FL 22,17622.2k $344.2k $344.2k 0.22% New
31 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 21,55021.6k $326.7k $326.7k 0.00% New
32 GSA CAPITAL PARTNERS LLP 0.03% of their portfolio LONDON, X0 21,33821.3k $331.0k $331.0k 0.03% New
33 AM INVESTMENT STRATEGIES LLC 0.07% of their portfolio CHATTANOOGA, TN 17,00017.0k $264.0k $264.0k 0.07% Added +3.0k +3,000
34 Marex Group Ltd 0.01% of their portfolio London, X0 16,37516.4k $254.1k $254.1k 0.01% New
35 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 15,69915.7k $2.4k $2.4k 0.00% Reduced -257 -257
36 PINNACLE ASSOCIATES LTD 0.00% of their portfolio NEW YORK, NY 15,30015.3k $237.5k $237.5k 0.00% Added +5.5k +5,450
37 ELEMENT POINTE ADVISORS, LLC 0.07% of their portfolio MIAMI, FL 15,00015.0k $232.8k $232.8k 0.07% New
38 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 10,45710.5k $162.3k $162.3k 0.00% Unchanged
39 Belvedere Trading LLC 0.01% of their portfolio CHICAGO, IL 9,7259.7k $150.9k $150.9k 0.01% New
40 GABLES CAPITAL MANAGEMENT INC. 0.05% of their portfolio MIAMI, FL 4,8454.8k $75.2k $75.2k 0.05% Added +157 +157
41 ELKHORN PARTNERS LIMITED PARTNERSHIP 0.04% of their portfolio OMAHA, NE 3,5003.5k $54.0k $54.0k 0.04% Unchanged
42 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,9693.0k $46.1k $46.1k 0.00% Added +2.4k +2,411
43 Headlands Technologies LLC 0.01% of their portfolio CHICAGO, IL 2,5032.5k $38.8k $38.8k 0.01% New
44 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 2,4842.5k $38.6k $38.6k 0.00% Reduced -3.5k -3,520
45 FNY Investment Advisers, LLC 0.03% of their portfolio NEW YORK, NY 1,9501.9k $30.0k $30.0k 0.03% Reduced -50 -50
46 Financial Gravity Asset Management, Inc. 0.00% of their portfolio Lakeway, TX 1,5321.5k $23.8k $23.8k 0.00% New
47 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,1701.2k $18.2k $18.2k 0.00% Reduced -436 -436
48 Hobbs Group Advisors, LLC 0.01% of their portfolio COLUMBIA, SC 1,1501.1k $17.8k $17.8k 0.01% First filing
49 Life Planning Partners, Inc 0.01% of their portfolio JACKSONVILLE, FL 900900 $14.0k $14.0k 0.01% First filing
50 Lee Financial Co 0.00% of their portfolio Dallas, TX 750750 $11.6k $11.6k 0.00% Reduced -2.5k -2,502
51 Mariner Managed Account Solutions, LLC 0.00% of their portfolio Boston, MA 500500 $7.8k $7.8k 0.00% New
52 OLIVER LAGORE VANVALIN INVESTMENT GROUP 0.00% of their portfolio FLINT, MI 342342 $5.3k $5.3k 0.00% Unchanged
53 Castleview Partners, LLC 0.00% of their portfolio DALLAS, TX 197197 $3.1k $3.1k 0.00% Reduced -7.2k -7,216
54 Impact Partnership Wealth, LLC 0.00% of their portfolio MARIETTA, GA 138138 $2.1k $2.1k 0.00% New
55 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 105105 $1.6k $1.6k 0.00% Unchanged
56 Cutler Group LLC / CA 0.00% of their portfolio SAN FRANCISCO, CA 9191 $1.0k $1.0k 0.00% New
57 WFA Asset Management Corp 0.00% of their portfolio WHITEFISH BAY, WI 6868 $1.1k $1.1k 0.00% Unchanged
58 HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio NEWPORT BEACH, CA 6464 $993 $993 0.00% Unchanged
59 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 5050 $776 $776 0.00% Unchanged
60 TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio LITTLETON, CO 2525 $388 $388 0.00% Unchanged
61 McIlrath & Eck, LLC 0.00% of their portfolio ARLINGTON, WA 1313 $202 $202 0.00% Added +8 +8
62 ORG Partners LLC 0.00% of their portfolio ROANOKE, IN 1212 $186 $186 0.00% Unchanged
63 NFSG Corp 0.00% of their portfolio BOCA RATON, FL 1111 $171 $171 0.00% Unchanged
64 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1010 $155 $155 0.00% Unchanged
65 VitalStone Financial, LLC 0.00% of their portfolio SHAVANO PARK, TX 88 $0 $0 0.00% Reduced -298 -298
66 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 66 $93 $93 0.00% Unchanged
67 PSI Advisors, LLC 0.00% of their portfolio TAMPA, FL 66 $94 $94 0.00% New
68 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 22 $31 $31 0.00% Unchanged
69 SUMMIT SECURITIES GROUP LLC 0.00% of their portfolio NEW YORK, NY 11 $0 $0 0.00% Reduced -2.5k -2,499
70 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 11 $16 $16 0.00% Unchanged
71 Hexagon Capital Partners LLC 0.00% of their portfolio ROGERS, AR 11 $16 $16 0.00% Reduced -1 -1
72 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged