Vault-13

BLACKROCK ETF TRUST DYNF

ISHARES US EQUIT · ETP · CUSIP 09290C103

791 institutional holders +138 vs Q3 2025
516,248,647516.2m shares reported held*
$31.4bnreported value*
101 new 444 added 136 reduced 31 sold out net bought ≈ $430.2m (+7.0m 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 ($144.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $60.74. Options: 1 managers hold calls ($18.2k notional), 0 hold puts (—).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 17Q4 22: 19Q1 23: 20Q2 23: 17Q3 23: 21Q4 23: 36Q1 24: 331Q2 24: 394Q3 24: 447Q4 24: 534Q1 25: 563Q2 25: 605Q3 25: 653Q4 25: 791791Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202217
Q4 202219
Q1 202320
Q2 202317
Q3 202321
Q4 202336
Q1 2024331
Q2 2024394
Q3 2024447
Q4 2024534
Q1 2025563
Q2 2025605
Q3 2025653
Q4 2025791

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ1 24: 319 bought or addedQ1 24: 8 cut or sold outQ2 24: 328 bought or addedQ2 24: 68 cut or sold outQ2 24Q3 24: 319 bought or addedQ3 24: 121 cut or sold outQ4 24: 295 bought or addedQ4 24: 183 cut or sold outQ4 24Q1 25: 406 bought or addedQ1 25: 154 cut or sold outQ2 25: 417 bought or addedQ2 25: 179 cut or sold outQ2 25Q3 25: 534 bought or addedQ3 25: 113 cut or sold outQ4 25: 545 bought or addedQ4 25: 167 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20243198
Q2 202432868
Q3 2024319121
Q4 2024295183
Q1 2025406154
Q2 2025417179
Q3 2025534113
Q4 2025545167

Calls vs puts

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

CallsPuts
$0$5k$10k$15k$20kQ1 25 calls: $0Q1 25 puts: $15.6kQ1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $17.8kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $18.2kQ4 25 puts: $0Q4 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2025$0$15.6k—
Q2 2025$0$0—
Q3 2025$17.8k$00.00
Q4 2025$18.2k$00.00

Biggest buyers

LPL Financial LLC Added +4,242,839+4.2m
Dynasty Wealth Management, LLC Added +3,251,148+3.3m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +3,123,441+3.1m
AMERIPRISE FINANCIAL INC Added +3,086,957+3.1m
MORGAN STANLEY Added +1,846,264+1.8m
Thrivent Financial for Lutherans Added +1,418,970+1.4m
BANK OF AMERICA CORP /DE/ Added +1,191,120+1.2m
BlueStem Wealth Partners, LLC New +1,174,349+1.2m
MML INVESTORS SERVICES, LLC Added +996,096+996.1k
EASTERN BANK Added +852,162+852.2k

Biggest sellers

JPMORGAN CHASE & CO Reduced -21,303,645-21.3m
PARK AVENUE SECURITIES LLC Sold out -8,682,084-8.7m
Sanctuary Advisors, LLC Reduced -2,023,711-2.0m
TWO SIGMA INVESTMENTS, LP Reduced -1,787,500-1.8m
CITADEL ADVISORS LLC Sold out -1,567,704-1.6m
BlackRock, Inc. Reduced -885,977-886.0k
ENVESTNET ASSET MANAGEMENT INC Reduced -413,113-413.1k
VestGen Advisors, LLC Reduced -270,549-270.5k
Buttonwood Financial Group, LLC Reduced -249,685-249.7k
OSAIC HOLDINGS, INC. Reduced -231,232-231.2k

Biggest calls

GROUP ONE TRADING LLC Unchanged $18.2k300 shares

Biggest puts

None

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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
First Command Advisory Services, Inc. 13G · institution no change · filed 2026-09-03 5.3% no change 1.8bn≈ $119.9bn 2026-09-03

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 2.00% of their portfolio Berwyn, PA 110,605,611110.6m $6.7bn $6.7bn 2.00% Reduced -413.1k -413,113
2 LPL Financial LLC 0.75% of their portfolio FORT MILL, SC 45,131,51945.1m $2.7bn $2.7bn 0.75% Added +4.2m +4,242,839
3 JPMORGAN CHASE & CO 0.10% of their portfolio NEW YORK, NY 24,492,77524.5m $1.5bn $1.5bn 0.10% Reduced -21.3m -21,303,645
4 First Command Advisory Services, Inc. 9.59% of their portfolio FORT WORTH, TX 22,637,02022.6m $1.4bn $1.4bn 9.59% Added +115.7k +115,739
5 BlackRock, Inc. 0.02% of their portfolio New York, NY 22,464,33022.5m $1.4bn $1.4bn 0.02% Reduced -886.0k -885,977
6 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 16,575,21016.6m $1.0bn $1.0bn 0.06% Added +1.8m +1,846,264
7 AMERIPRISE FINANCIAL INC 0.21% of their portfolio MINNEAPOLIS, MN 15,336,10815.3m $932.5m $932.5m 0.21% Added +3.1m +3,086,957
8 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 11,816,16811.8m $718.5m $718.5m 0.05% Added +1.2m +1,191,120
9 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.43% of their portfolio MILWAUKEE, WI 11,194,50011.2m $680.7m $680.7m 0.43% Added +3.1m +3,123,441
10 Dynasty Wealth Management, LLC 5.69% of their portfolio ST. PETERSBURG, FL 9,529,5439.5m $579.5m $579.5m 5.69% Added +3.3m +3,251,148
11 MML INVESTORS SERVICES, LLC 1.28% of their portfolio SPRINGFIELD, MA 8,643,7578.6m $525.6m $525.6m 1.28% Added +996.1k +996,096
12 Envestnet Portfolio Solutions, Inc. 1.76% of their portfolio BERWYN, PA 8,261,2598.3m $502.4m $502.4m 1.76% Added +398.9k +398,856
13 CWM, LLC 1.32% of their portfolio OMAHA, NE 8,014,6668.0m $487.4m $487.4m 1.32% Added +107.6k +107,578
14 Cetera Investment Advisers 0.52% of their portfolio SCHAUMBURG, IL 7,812,3097.8m $475.1m $475.1m 0.52% Added +686.9k +686,895
15 SAGESPRING WEALTH PARTNERS, LLC 6.39% of their portfolio FRANKLIN, TN 6,470,0936.5m $351.6m $351.6m 6.39% Added +208.2k +208,227
16 RAYMOND JAMES FINANCIAL INC 0.11% of their portfolio ST. PETERSBURG, FL 5,641,9675.6m $343.1m $343.1m 0.11% Added +278.0k +277,966
17 Janney Montgomery Scott LLC 0.67% of their portfolio PHILADELPHIA, PA 4,787,6604.8m $291.1m $291.1m 0.67% Added +78.9k +78,873
18 NewEdge Advisors, LLC 1.05% of their portfolio NEW ORLEANS, LA 4,742,2644.7m $288.4m $288.4m 1.05% Added +383.5k +383,460
19 OneDigital Investment Advisors LLC 2.56% of their portfolio OVERLAND PARK, KS 4,300,2874.3m $261.5m $261.5m 2.56% Added +134.7k +134,686
20 COMMONWEALTH EQUITY SERVICES, LLC 0.34% of their portfolio WALTHAM, MA 4,253,8214.3m $258.7m $258.7m 0.34% Added +741.0k +740,988
21 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 4,123,5124.1m $250.8m $250.8m 0.05% Added +764.6k +764,593
22 Bank of New York Mellon Corp 0.04% of their portfolio NEW YORK, NY 4,024,8194.0m $244.7m $244.7m 0.04% Added +287.6k +287,555
23 Thrivent Financial for Lutherans 0.39% of their portfolio Minneapolis, MN 3,630,5283.6m $221.8m $221.8m 0.39% Added +1.4m +1,418,970
24 OSAIC HOLDINGS, INC. 0.31% of their portfolio SCOTTSDALE, AZ 3,461,0633.5m $210.5m $210.5m 0.31% Reduced -231.2k -231,232
25 SOFI WEALTH, LLC 10.28% of their portfolio SAN FRANCISCO, CA 3,389,8513.4m $206.1m $206.1m 10.28% Added +304.3k +304,280
26 OpenArc Corporate Advisory, LLC 3.33% of their portfolio ATLANTA, GA 3,311,0213.3m $201.3m $201.3m 3.33% First filing
27 Foundations Investment Advisors, LLC 2.58% of their portfolio PHOENIX, AZ 3,233,3513.2m $196.6m $196.6m 2.58% Added +265.6k +265,551
28 Sanctuary Advisors, LLC 0.99% of their portfolio INDIANAPOLIS, IN 2,994,4493.0m $182.1m $182.1m 0.99% Reduced -2.0m -2,023,711
29 Merit Financial Group, LLC 1.43% of their portfolio ALPHARETTA, GA 2,922,0872.9m $177.7m $177.7m 1.43% Added +429.9k +429,891
30 JB Capital LLC 7.16% of their portfolio WETHERSFIELD, CT 2,883,8942.9m $175.4m $175.4m 7.16% Added +74.1k +74,071
31 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 2,868,4642.9m $174.4m $174.4m 0.03% Added +409.7k +409,658
32 STIFEL FINANCIAL CORP 0.14% of their portfolio ST. LOUIS, MO 2,539,3862.5m $154.4m $154.4m 0.14% Added +314.8k +314,843
33 FORM Wealth Advisors, LLC 15.63% of their portfolio Lake Geneva, WI 2,195,7972.2m $133.5m $133.5m 15.63% First filing
34 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.77% of their portfolio IRVING, TX 2,111,0202.1m $128.4m $128.4m 0.77% Added +51.2k +51,168
35 Parallel Advisors, LLC 2.26% of their portfolio SAN FRANCISCO, CA 2,028,3252.0m $123.3m $123.3m 2.26% Added +48.1k +48,121
36 Advocacy Wealth Management, LLC 5.05% of their portfolio ATLANTA, GA 1,984,4422.0m $120.7m $120.7m 5.05% Added +76.9k +76,853
37 Equitable Holdings, Inc. 0.82% of their portfolio NEW YORK, NY 1,976,4002.0m $120.2m $120.2m 0.82% Added +372.0k +371,990
38 Integrated Wealth Concepts LLC 1.23% of their portfolio WALTHAM, MA 1,699,8011.7m $103.4m $103.4m 1.23% Added +151.9k +151,942
39 ASSETMARK, INC 0.21% of their portfolio CONCORD, CA 1,692,2641.7m $102.9m $102.9m 0.21% Added +43.0k +43,029
40 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,558,7731.6m $94.8m $94.8m 0.02% Added +408.4k +408,424
41 AE Wealth Management LLC 0.49% of their portfolio TOPEKA, KS 1,411,8591.4m $85.9m $85.9m 0.49% Added +35.3k +35,301
42 Cambridge Investment Research Advisors, Inc. 0.22% of their portfolio FAIRFIELD, IA 1,384,2711.4m $84.2m $84.2m 0.22% Added +95.0k +94,998
43 Ascent Group, LLC 2.69% of their portfolio VIRGINIA BEACH, VA 1,293,2301.3m $78.6m $78.6m 2.69% Added +25.3k +25,344
44 Austin Private Wealth, LLC 5.67% of their portfolio Austin, TX 1,243,2661.2m $75.6m $75.6m 5.67% Added +27.3k +27,256
45 Annex Advisory Services, LLC 1.42% of their portfolio BROOKFIELD, WI 1,222,4451.2m $74.3m $74.3m 1.42% Added +166.0k +166,019
46 TRUIST FINANCIAL CORP 0.10% of their portfolio CHARLOTTE, NC 1,211,6701.2m $73.7m $73.7m 0.10% Added +54.7k +54,690
47 JONES FINANCIAL COMPANIES LLLP 0.04% of their portfolio DES PERES, MO 1,203,7051.2m $73.2m $73.2m 0.04% Added +436.2k +436,211
48 Atria Investments, Inc 0.82% of their portfolio Charlotte, NC 1,182,2271.2m $71.9m $71.9m 0.82% Added +66.1k +66,062
49 BlueStem Wealth Partners, LLC 7.88% of their portfolio MINNETONKA, MN 1,174,3491.2m $71.4m $71.4m 7.88% New
50 Private Advisor Group, LLC 0.32% of their portfolio MORRISTOWN, NJ 1,130,1161.1m $68.7m $68.7m 0.32% Added +361.9k +361,882
51 Stratos Wealth Partners, LTD. 0.78% of their portfolio BEACHWOOD, OH 1,127,7521.1m $68.6m $68.6m 0.78% Added +114.5k +114,484
52 CreativeOne Wealth, LLC 1.66% of their portfolio OVERLAND PARK, KS 1,125,1531.1m $68.4m $68.4m 1.66% Added +112.9k +112,913
53 TWO SIGMA INVESTMENTS, LP 0.10% of their portfolio NEW YORK, NY 1,096,8001.1m $66.7m $66.7m 0.10% Reduced -1.8m -1,787,500
54 Stratos Investment Management, LLC 2.57% of their portfolio BEACHWOOD, OH 1,054,5811.1m $64.1m $64.1m 2.57% Added +24.9k +24,916
55 Icon Wealth Advisors, LLC 4.24% of their portfolio HOUSTON, TX 1,046,7871.0m $63.7m $63.7m 4.24% Added +33.8k +33,801
56 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 3.54% of their portfolio Westlake, OH 972,506972.5k $59.1m $59.1m 3.54% Added +178.0k +178,026
57 Sharkey, Howes & Javer 6.94% of their portfolio DENVER, CO 897,983898.0k $54.6m $54.6m 6.94% Reduced -37.5k -37,524
58 EASTERN BANK 0.89% of their portfolio BOSTON, MA 852,241852.2k $51.8m $51.8m 0.89% Added +852.2k +852,162
59 US BANCORP \DE\ 0.06% of their portfolio MINNEAPOLIS, MN 847,219847.2k $51.5m $51.5m 0.06% Added +36.3k +36,305
60 MGO ONE SEVEN LLC 1.03% of their portfolio Beachwood, OH 827,056827.1k $50.3m $50.3m 1.03% Added +255.1k +255,080
61 TSFG, LLC 7.50% of their portfolio LAKE FOREST, IL 825,630825.6k $50.2m $50.2m 7.50% Added +223.2k +223,224
62 KWB Wealth 4.64% of their portfolio REDLANDS, CA 805,373805.4k $49.0m $49.0m 4.64% Added +71.4k +71,389
63 Shepherd Financial Partners LLC 4.48% of their portfolio WINCHESTER, MA 795,656795.7k $48.4m $48.4m 4.48% Added +29.1k +29,128
64 MA Private Wealth 7.95% of their portfolio SAN CARLOS, CA 783,549783.5k $47.6m $47.6m 7.95% Added +53.7k +53,671
65 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 758,626758.6k $46.1m $46.1m 0.05% Added +90.3k +90,338
66 Intelligence Driven Advisers, LLC 6.50% of their portfolio CARLSBAD, CA 747,352747.4k $45.4m $45.4m 6.50% Reduced -20.4k -20,364
67 Scarborough Advisors, LLC 7.63% of their portfolio ANNAPOLIS, MD 743,184743.2k $45.2m $45.2m 7.63% Added +17.4k +17,419
68 Horizon Wealth Management, LLC 6.94% of their portfolio LA GRANGE, IL 734,969735.0k $44.7m $44.7m 6.94% Added +715.9k +715,897
69 Mariner, LLC 0.05% of their portfolio Overland Park, KS 732,587732.6k $44.5m $44.5m 0.05% Added +142.9k +142,860
70 Steward Partners Investment Advisory, LLC 0.24% of their portfolio STAMFORD, CT 729,993730.0k $44.4m $44.4m 0.24% Added +221.5k +221,477
71 CFO4Life Group, LLC 6.30% of their portfolio COPPELL, TX 726,833726.8k $44.2m $44.2m 6.30% Reduced -7.7k -7,658
72 IHT Wealth Management, LLC 1.07% of their portfolio Chicago, IL 725,137725.1k $44.1m $44.1m 1.07% Added +236.0k +236,006
73 Horst & Graben Wealth Management LLC 6.65% of their portfolio PORTLAND, OR 724,419724.4k $44.1m $44.1m 6.65% Added +22.1k +22,124
74 Farther Finance Advisors, LLC 0.47% of their portfolio SAN FRANCISCO, CA 718,126718.1k $43.7m $43.7m 0.47% Added +142.8k +142,760
75 Presidio Capital Management, LLC 13.06% of their portfolio SAN DIEGO, CA 714,640714.6k $43.5m $43.5m 13.06% New
76 CFS Investment Advisory Services, LLC 3.08% of their portfolio TOTOWA, NJ 693,628693.6k $42.2m $42.2m 3.08% Added +6.2k +6,178
77 West Wealth Group, LLC 8.54% of their portfolio Irvine, CA 677,172677.2k $41.2m $41.2m 8.54% Added +53.8k +53,829
78 SteelPeak Wealth, LLC 1.34% of their portfolio WOODLAND HILLS, CA 670,419670.4k $40.8m $40.8m 1.34% Reduced -462 -462
79 Orion Porfolio Solutions, LLC 0.30% of their portfolio OMAHA, NE 662,236662.2k $40.3m $40.3m 0.30% Added +71.1k +71,056
80 Perigon Wealth Management, LLC 0.72% of their portfolio SAN FRANCISCO, CA 658,848658.8k $40.1m $40.1m 0.72% Added +114.2k +114,196
81 Stone House Investment Management, LLC 6.21% of their portfolio TUNKHANNOCK, PA 658,126658.1k $40.0m $40.0m 6.21% Added +19.3k +19,260
82 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.10% of their portfolio LOS ANGELES, CA 641,441641.4k $39.0m $39.0m 0.10% Added +253.5k +253,533
83 Capital Analysts, LLC 1.08% of their portfolio FORT WASHINGTON, PA 641,081641.1k $39.0m $39.0m 1.08% Added +146.5k +146,505
84 MCMORGAN & CO LLC 6.33% of their portfolio SAN FRANCISCO, CA 628,061628.1k $38.2m $38.2m 6.33% Reduced -1.2k -1,185
85 Tennessee Valley Asset Management Partners 4.79% of their portfolio KNOXVILLE, TN 607,939607.9k $37.0m $37.0m 4.79% Added +24.8k +24,823
86 PRUDENTIAL PLC 0.30% of their portfolio LONDON, X0 606,300606.3k $36.9m $36.9m 0.30% New
87 Madison Wealth Partners, Inc 6.56% of their portfolio MADISON, WI 591,085591.1k $35.9m $35.9m 6.56% Added +25.4k +25,396
88 SPINNAKER TRUST 1.88% of their portfolio PORTLAND, ME 578,290578.3k $35.2m $35.2m 1.88% Added +24.6k +24,566
89 NorthRock Partners, LLC 0.59% of their portfolio MINNEAPOLIS, MN 573,058573.1k $34.8m $34.8m 0.59% Added +141.8k +141,820
90 EQ LLC 10.02% of their portfolio BELLEVUE, WA 571,636571.6k $34.8m $34.8m 10.02% Added +45.7k +45,673
91 &PARTNERS 0.18% of their portfolio NASHVILLE, TN 569,745569.7k $34.7m $34.7m 0.18% Added +127.7k +127,667
92 High Falls Advisors, Inc 6.99% of their portfolio ROCHESTER, NY 567,822567.8k $34.5m $34.5m 6.99% Added +17.0k +16,981
93 Triad Wealth Partners, LLC 3.23% of their portfolio LAWRENCE, KS 559,341559.3k $34.0m $34.0m 3.23% Added +114.4k +114,368
94 Keystone Financial Group 2.48% of their portfolio LEXINGTON, KY 550,402550.4k $33.5m $33.5m 2.48% Added +131.9k +131,858
95 NorthCoast Asset Management LLC 0.73% of their portfolio STAMFORD, CT 544,131544.1k $33.1m $33.1m 0.73% Added +540.2k +540,208
96 Kelly Financial Services LLC 8.29% of their portfolio BRAINTREE, MA 543,668543.7k $33.1m $33.1m 8.29% Added +12.5k +12,456
97 Security Financial Services, INC. 5.17% of their portfolio Fort Wayne, IN 541,587541.6k $32.9m $32.9m 5.17% Added +13.4k +13,440
98 Buttonwood Financial Group, LLC 17.61% of their portfolio Kansas City, MO 538,205538.2k $33.1m $33.1m 17.61% Reduced -249.7k -249,685
99 One Wealth Advisors, LLC 3.94% of their portfolio SAN FRANCISCO, CA 530,580530.6k $32.3m $32.3m 3.94% Added +15.9k +15,858
100 Arax Advisory Partners 0.94% of their portfolio NEW YORK, NY 528,648528.6k $32.1m $32.1m 0.94% Reduced -200.3k -200,298