Vault-13

BLACKROCK ETF TRUST LCTU

US CARBON TRANS · ETP · CUSIP 09290C509

204 institutional holders +30 vs Q3 2025
17,143,59917.1m shares reported held*
$1.3bnreported value*
23 new 62 added 79 reduced 7 sold out net sold ≈ $59.5m (-803.7k 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 ($534.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $74.10.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 72Q4 22: 93Q1 23: 101Q2 23: 107Q3 23: 125Q4 23: 138Q1 24: 144Q2 24: 155Q3 24: 166Q4 24: 180Q1 25: 181Q2 25: 187Q3 25: 174Q4 25: 204204Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202272
Q4 202293
Q1 2023101
Q2 2023107
Q3 2023125
Q4 2023138
Q1 2024144
Q2 2024155
Q3 2024166
Q4 2024180
Q1 2025181
Q2 2025187
Q3 2025174
Q4 2025204

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 76 bought or addedQ1 24: 71 cut or sold outQ2 24: 76 bought or addedQ2 24: 68 cut or sold outQ2 24Q3 24: 54 bought or addedQ3 24: 104 cut or sold outQ4 24: 75 bought or addedQ4 24: 95 cut or sold outQ4 24Q1 25: 79 bought or addedQ1 25: 94 cut or sold outQ2 25: 97 bought or addedQ2 25: 74 cut or sold outQ2 25Q3 25: 76 bought or addedQ3 25: 93 cut or sold outQ4 25: 85 bought or addedQ4 25: 86 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20247671
Q2 20247668
Q3 202454104
Q4 20247595
Q1 20257994
Q2 20259774
Q3 20257693
Q4 20258586

Biggest buyers

LPL Financial LLC Added +43,128+43.1k
MML INVESTORS SERVICES, LLC Added +21,873+21.9k
SOFI WEALTH, LLC Added +18,957+19.0k
Archer Investment Management, LLC New +16,128+16.1k
Concurrent Investment Advisors, LLC Added +15,856+15.9k
DIVERSIFY WEALTH MANAGEMENT, LLC New +14,088+14.1k
Janney Montgomery Scott LLC Added +11,187+11.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +11,033+11.0k
GeoWealth Management, LLC Added +10,997+11.0k
Merit Financial Group, LLC Added +10,348+10.3k

Biggest sellers

JPMORGAN CHASE & CO Reduced -782,122-782.1k
ENVESTNET ASSET MANAGEMENT INC Reduced -86,604-86.6k
Sanctuary Advisors, LLC Reduced -61,168-61.2k
OSAIC HOLDINGS, INC. Reduced -34,582-34.6k
Integrated Wealth Concepts LLC Reduced -29,470-29.5k
CWM, LLC Reduced -14,073-14.1k
GTS SECURITIES LLC Sold out -10,061-10.1k
Envestnet Portfolio Solutions, Inc. Reduced -8,907-8.9k
One Wealth Advisors, LLC Reduced -8,092-8.1k
Maia Wealth LLC Reduced -7,667-7.7k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Varma Mutual Pension Insurance Co 2.16% of their portfolio Varma, H9 4,814,0004.8m $356.7m $356.7m 2.16% Unchanged
2 ENVESTNET ASSET MANAGEMENT INC 0.10% of their portfolio Berwyn, PA 4,751,2084.8m $352.0m $352.0m 0.10% Reduced -86.6k -86,604
3 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,223,5951.2m $90.7m $90.7m 0.02% Added +43.1k +43,128
4 Envestnet Portfolio Solutions, Inc. 0.25% of their portfolio BERWYN, PA 944,913944.9k $70.0m $70.0m 0.25% Reduced -8.9k -8,907
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 785,970786.0k $58.2m $58.2m 0.00% Reduced -782.1k -782,122
6 PARK AVENUE SECURITIES LLC 0.30% of their portfolio NEW YORK, NY 471,671471.7k $34.9m $34.9m 0.30% Added +5.8k +5,807
7 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 321,364321.4k $23.8m $23.8m 0.03% Reduced -2.5k -2,522
8 CWM, LLC 0.05% of their portfolio OMAHA, NE 268,185268.2k $19.9m $19.9m 0.05% Reduced -14.1k -14,073
9 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 253,028253.0k $18.7m $18.7m 0.05% Added +21.9k +21,873
10 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 155,912155.9k $11.6m $11.6m 0.03% Added +11.2k +11,187
11 One Wealth Advisors, LLC 1.29% of their portfolio SAN FRANCISCO, CA 141,954142.0k $10.5m $10.5m 1.29% Reduced -8.1k -8,092
12 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 128,535128.5k $9.6m $9.6m 0.02% Added +3.1k +3,087
13 ASSETMARK, INC 0.02% of their portfolio CONCORD, CA 124,131124.1k $9.2m $9.2m 0.02% Reduced -1.3k -1,308
14 Avise Financial Cooperative, Inc. 6.77% of their portfolio LOS ANGELES, CA 101,386101.4k $7.5m $7.5m 6.77% First filing
15 SOFI WEALTH, LLC 0.36% of their portfolio SAN FRANCISCO, CA 97,60997.6k $7.2m $7.2m 0.36% Added +19.0k +18,957
16 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 90,26890.3k $6.7m $6.7m 0.00% Added +2.0k +2,036
17 Advisory Services Network, LLC 0.08% of their portfolio ATLANTA, GA 80,81180.8k $6.0m $6.0m 0.08% Added +334 +334
18 OneDigital Investment Advisors LLC 0.05% of their portfolio OVERLAND PARK, KS 74,52774.5k $5.5m $5.5m 0.05% Added +448 +448
19 GeoWealth Management, LLC 0.20% of their portfolio CHICAGO, IL 73,89073.9k $5.5m $5.5m 0.20% Added +11.0k +10,997
20 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.03% of their portfolio IRVING, TX 73,05773.1k $5.4m $5.4m 0.03% Added +3.6k +3,609
21 Horst & Graben Wealth Management LLC 0.78% of their portfolio PORTLAND, OR 69,63369.6k $5.2m $5.2m 0.78% Reduced -2.2k -2,212
22 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 68,36168.4k $5.1m $5.1m 0.03% Added +4.2k +4,189
23 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 63,75563.8k $4.7m $4.7m 0.01% Reduced -1.3k -1,287
24 Sharkey, Howes & Javer 0.59% of their portfolio DENVER, CO 63,15863.2k $4.7m $4.7m 0.59% Added +596 +596
25 Sanctuary Advisors, LLC 0.03% of their portfolio INDIANAPOLIS, IN 61,89661.9k $4.6m $4.6m 0.03% Reduced -61.2k -61,168
26 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 57,31157.3k $4.2m $4.2m 0.00% Added +8.9k +8,903
27 Perigon Wealth Management, LLC 0.07% of their portfolio SAN FRANCISCO, CA 53,87553.9k $4.0m $4.0m 0.07% Added +5.4k +5,422
28 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 52,20252.2k $3.9m $3.9m 0.02% Reduced -1.3k -1,287
29 SigFig Wealth Management, LLC 0.11% of their portfolio SAN FRANCISCO, CA 51,16351.2k $3.8m $3.8m 0.11% Reduced -228 -228
30 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 50,49050.5k $3.7m $3.7m 0.03% Added +1.5k +1,510
31 Davis Wealth Advisors, LLC 2.92% of their portfolio SALEM, NH 47,39947.4k $3.5m $3.5m 2.92% First filing
32 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 45,07145.1k $3.3m $3.3m 0.00% Reduced -1.7k -1,700
33 Merit Financial Group, LLC 0.03% of their portfolio ALPHARETTA, GA 44,22344.2k $3.3m $3.3m 0.03% Added +10.3k +10,348
34 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 41,67641.7k $3.1m $3.1m 0.00% Reduced -34.6k -34,582
35 MGO ONE SEVEN LLC 0.06% of their portfolio Beachwood, OH 41,00641.0k $3.0m $3.0m 0.06% Reduced -517 -517
36 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 36,19336.2k $2.7m $2.7m 0.01% Added +1.3k +1,334
37 Integrated Wealth Concepts LLC 0.03% of their portfolio WALTHAM, MA 33,31933.3k $2.5m $2.5m 0.03% Reduced -29.5k -29,470
38 Austin Private Wealth, LLC 0.19% of their portfolio Austin, TX 33,31933.3k $2.5m $2.5m 0.19% Reduced -1.2k -1,224
39 Investor's Fiduciary Advisor Network, LLC 0.52% of their portfolio SNOQUALMIE, WA 33,03833.0k $2.4m $2.4m 0.52% Added +807 +807
40 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 31,98532.0k $2.4m $2.4m 0.00% Reduced -6.1k -6,096
41 World Investment Advisors 0.04% of their portfolio LINCROFT, NJ 30,11930.1k $2.2m $2.2m 0.04% Added +3.2k +3,222
42 MA Private Wealth 0.36% of their portfolio SAN CARLOS, CA 29,12429.1k $2.2m $2.2m 0.36% Reduced -100 -100
43 Farther Finance Advisors, LLC 0.02% of their portfolio SAN FRANCISCO, CA 26,76226.8k $2.0m $2.0m 0.02% Added +1.0k +1,035
44 RFG Advisory, LLC 0.04% of their portfolio BIRMINGHAM, AL 26,64326.6k $2.0m $2.0m 0.04% Added +113 +113
45 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 25,24125.2k $1.9m $1.9m 0.00% Added +4.1k +4,144
46 Regal Investment Advisors LLC 0.11% of their portfolio KENTWOOD, MI 24,49024.5k $1.8m $1.8m 0.11% Reduced -885 -885
47 Aptus Capital Advisors, LLC 0.02% of their portfolio FAIRHOPE, AL 24,37924.4k $1.8m $1.8m 0.02% Reduced -16 -16
48 SAGESPRING WEALTH PARTNERS, LLC 0.03% of their portfolio FRANKLIN, TN 24,21324.2k $1.8m $1.8m 0.03% Reduced -238 -238
49 Snowden Capital Advisors LLC 0.04% of their portfolio New York, NY 22,87922.9k $1.7m $1.7m 0.04% Added +59 +59
50 WEALTH ALLIANCE, LLC 0.16% of their portfolio MELLVILLE, NY 22,48022.5k $1.7m $1.7m 0.16% Reduced -683 -683
51 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 22,31822.3k $1.7m $1.7m 0.00% Reduced -4.8k -4,782
52 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 22,22222.2k $1.6m $1.6m 0.01% Unchanged
53 CreativeOne Wealth, LLC 0.04% of their portfolio OVERLAND PARK, KS 20,78720.8k $1.5m $1.5m 0.04% Added +141 +141
54 Concurrent Investment Advisors, LLC 0.02% of their portfolio Tampa, FL 20,38820.4k $1.5m $1.5m 0.02% Added +15.9k +15,856
55 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 20,13620.1k $1.5m $1.5m 0.02% Added +1.7k +1,721
56 RCS Financial Planning, LLC 0.57% of their portfolio ANNAPOLIS, MD 17,91117.9k $1.3m $1.3m 0.57% Added +4.8k +4,785
57 Keystone Financial Services 0.39% of their portfolio LOVELAND, CO 17,60417.6k $1.3m $1.3m 0.39% Reduced -259 -259
58 ONE WEALTH CAPITAL MANAGEMENT, LLC 0.55% of their portfolio SCOTTSDALE, AZ 17,37117.4k $1.3m $1.3m 0.55% Reduced -1.9k -1,866
59 LifePlan Investment Advisors, Inc. 0.50% of their portfolio RALEIGH, NC 16,68816.7k $1.2m $1.2m 0.50% Added +1.2k +1,204
60 Archer Investment Management, LLC 0.64% of their portfolio AUSTIN, TX 16,12816.1k $1.2m $1.2m 0.64% New
61 OpenArc Corporate Advisory, LLC 0.02% of their portfolio ATLANTA, GA 16,10416.1k $1.2m $1.2m 0.02% First filing
62 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 15,41315.4k $1.1m $1.1m 0.01% Added +840 +840
63 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 14,97715.0k $1.1m $1.1m 0.01% Reduced -619 -619
64 MLG Wealth Management DBA Pine Grove Financial Group 0.13% of their portfolio WOODBURY, MN 14,88214.9k $1.1m $1.1m 0.13% First filing
65 Lifelong Wealth Advisors, Inc. 0.29% of their portfolio Arden Hills, MN 14,68314.7k $1.1m $1.1m 0.29% Added +3.0k +3,049
66 EverSource Wealth Advisors, LLC 0.04% of their portfolio BIRMINGHAM, AL 14,51714.5k $1.1m $1.1m 0.04% Added +397 +397
67 THEORY FINANCIAL LLC 0.36% of their portfolio FORT COLLINS, CO 14,22614.2k $1.1m $1.1m 0.36% Added +380 +380
68 DIVERSIFY WEALTH MANAGEMENT, LLC 0.05% of their portfolio SANDY, UT 14,08814.1k $1.1m $1.1m 0.05% New
69 Mariner, LLC 0.00% of their portfolio Overland Park, KS 12,96013.0k $960.2k $960.2k 0.00% Added +3.4k +3,435
70 CoreCap Advisors, LLC 0.03% of their portfolio SOUTHFIELD, MI 12,32612.3k $913.3k $913.3k 0.03% Added +1.1k +1,134
71 EQ LLC 0.26% of their portfolio BELLEVUE, WA 12,29312.3k $910.8k $910.8k 0.26% Reduced -294 -294
72 Asempa Wealth Advisors 0.73% of their portfolio BATON ROUGE, LA 11,41211.4k $845.5k $845.5k 0.73% First filing
73 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 11,03311.0k $817.4k $817.4k 0.00% New
74 Sound View Wealth Advisors Group, LLC 0.05% of their portfolio SAVANNAH, GA 10,75910.8k $797.1k $797.1k 0.05% Reduced -12 -12
75 Venturi Wealth Management, LLC 0.03% of their portfolio AUSTIN, TX 10,56610.6k $782.8k $782.8k 0.03% Added +84 +84
76 Oregon Pacific Wealth Management, LLC 0.81% of their portfolio Medford, OR 10,54410.5k $781.2k $781.2k 0.81% Reduced -2.6k -2,620
77 Maia Wealth LLC 0.13% of their portfolio DENVER, CO 10,29310.3k $755.6k $755.6k 0.13% Reduced -7.7k -7,667
78 Hoxton Planning & Management, LLC 0.22% of their portfolio SHEPHERDSTOWN, WV 10,05110.1k $744.7k $744.7k 0.22% Added +1.3k +1,328
79 West Wealth Group, LLC 0.15% of their portfolio Irvine, CA 10,00910.0k $741.6k $741.6k 0.15% Reduced -8 -8
80 Gateway Wealth Partners, LLC 0.08% of their portfolio APPLETON, WI 9,8179.8k $727.3k $727.3k 0.08% Added +3.8k +3,815
81 Strategic Blueprint, LLC 0.04% of their portfolio ATLANTA, GA 9,8059.8k $726.5k $726.5k 0.04% Reduced -634 -634
82 WEALTHGARDEN F.S. LLC 0.48% of their portfolio EL SEGUNDO, CA 9,7029.7k $727.5k $727.5k 0.48% Reduced -639 -639
83 Capital Analysts, LLC 0.02% of their portfolio FORT WASHINGTON, PA 9,5469.5k $708.0k $708.0k 0.02% Added +212 +212
84 Tempus Wealth Planning, LLC 0.16% of their portfolio IRVINE, CA 9,4459.4k $699.8k $699.8k 0.16% Added +1 +1
85 WBH ADVISORY INC 0.05% of their portfolio BALTIMORE, MD 8,9879.0k $665.9k $665.9k 0.05% Added +52 +52
86 Spectrum Planning & Advisory Services Inc. 0.34% of their portfolio SAN DIEGO, CA 8,9028.9k $659.6k $659.6k 0.34% Reduced -34 -34
87 J. Mark Nickell & Co. 0.56% of their portfolio BRENTWOOD, TN 8,2158.2k $608.7k $608.7k 0.56% First filing
88 Capital Asset Advisory Services LLC 0.02% of their portfolio Williamston, MI 8,2048.2k $617.3k $617.3k 0.02% Added +654 +654
89 BEACON FINANCIAL GROUP 0.06% of their portfolio DALLAS, TX 8,2008.2k $607.5k $607.5k 0.06% Unchanged
90 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 8,1938.2k $607.0k $607.0k 0.01% Added +643 +643
91 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 8,0318.0k $595.0k $595.0k 0.00% New
92 U.S. Capital Wealth Advisors, LLC 0.02% of their portfolio AUSTIN, TX 8,0028.0k $592.9k $592.9k 0.02% Unchanged
93 Patriot Financial Group Insurance Agency, LLC 0.07% of their portfolio Westborough, MA 7,9307.9k $587.5k $587.5k 0.07% Added +3 +3
94 ZACKS INVESTMENT MANAGEMENT 0.00% of their portfolio Chicago, IL 7,8437.8k $581.1k $581.1k 0.00% Unchanged
95 Traveka Wealth, LLC 0.24% of their portfolio LOS ALTOS, CA 7,8227.8k $579.5k $579.5k 0.24% Added +4.5k +4,481
96 Bison Wealth, LLC 0.06% of their portfolio ATLANTA, GA 7,7207.7k $539.3k $539.3k 0.06% New
97 MBE Wealth Management, LLC 0.24% of their portfolio TOMAH, WI 7,6967.7k $570.2k $570.2k 0.24% Reduced -28 -28
98 Ascent Group, LLC 0.02% of their portfolio VIRGINIA BEACH, VA 7,5537.6k $559.6k $559.6k 0.02% Reduced -2.2k -2,245
99 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 7,5287.5k $557.8k $557.8k 0.00% Added +2.1k +2,064
100 Gen-Wealth Partners Inc 0.18% of their portfolio ZEELAND, MI 7,4887.5k $554.8k $554.8k 0.18% Reduced -587 -587