Vault-13

INVESCO QQQ TR QQQ

UNIT SER 1 · ETP · CUSIP 46090E103 · ISIN US46090E1038

2,843 institutional holders +316 vs Q3 2023
286,302,097286.3m shares reported held*
$105.0bnreported value*
213 new 1,173 added 879 reduced 100 sold out net bought ≈ $5.0bn (+40.9m 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 ($139.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $366.68. Options: 101 managers hold calls ($120.9bn notional), 217 hold puts ($219.5bn).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

01k2k3kQ3 22: 2,218Q4 22: 2,346Q1 23: 2,449Q2 23: 2,533Q3 23: 2,527Q4 23: 2,8432,843Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 20222,218
Q4 20222,346
Q1 20232,449
Q2 20232,533
Q3 20232,527
Q4 20232,843

Buyers vs sellers

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

Bought or addedCut or sold out
2k02kQ4 22: 963 bought or addedQ4 22: 1,122 cut or sold outQ4 22Q1 23: 1,112 bought or addedQ1 23: 1,085 cut or sold outQ1 23Q2 23: 1,173 bought or addedQ2 23: 1,100 cut or sold outQ2 23Q3 23: 1,206 bought or addedQ3 23: 1,053 cut or sold outQ3 23Q4 23: 1,386 bought or addedQ4 23: 979 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20229631,122
Q1 20231,1121,085
Q2 20231,1731,100
Q3 20231,2061,053
Q4 20231,386979

Calls vs puts

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

CallsPuts
$0$100bn$200bn$300bnQ1 23 calls: $120.9bnQ1 23 puts: $207.6bnQ1 23P/C 1.72Q2 23 calls: $118.3bnQ2 23 puts: $236.1bnQ2 23P/C 2.00Q3 23 calls: $129.1bnQ3 23 puts: $228.1bnQ3 23P/C 1.77Q4 23 calls: $120.9bnQ4 23 puts: $219.5bnQ4 23P/C 1.82
Numbers
QuarterCallsPutsP/C
Q1 2023$120.9bn$207.6bn1.72
Q2 2023$118.3bn$236.1bn2.00
Q3 2023$129.1bn$228.1bn1.77
Q4 2023$120.9bn$219.5bn1.82

Biggest buyers

INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC Added +28,263,426+28.3m
MORGAN STANLEY Added +23,745,610+23.7m
JPMORGAN CHASE & CO Added +3,219,387+3.2m
CTC LLC New +2,875,082+2.9m
Rokos Capital Management LLP Added +1,484,000+1.5m
Squarepoint Ops LLC Added +885,415+885.4k
BANK OF NOVA SCOTIA Added +863,317+863.3k
ALKEON CAPITAL MANAGEMENT LLC New +849,777+849.8k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Added +838,700+838.7k
LPL Financial LLC Added +631,275+631.3k

Biggest sellers

TORONTO DOMINION BANK Reduced -6,563,011-6.6m
BANK OF AMERICA CORP /DE/ Reduced -6,352,908-6.4m
Optiver Holding B.V. Sold out -2,653,629-2.7m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -2,509,704-2.5m
JANE STREET GROUP, LLC Reduced -2,366,218-2.4m
CITIGROUP INC Reduced -1,547,679-1.5m
SHANDA ASSET MANAGEMENT HOLDINGS Ltd Reduced -1,500,000-1.5m
GOLDMAN SACHS GROUP INC Reduced -1,453,857-1.5m
BANK OF MONTREAL /CAN/ Reduced -1,377,669-1.4m
UBS Group AG Reduced -1,324,008-1.3m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $12.8bn31.2m shares
CTC LLC Reduced $11.6bn283.3k shares
CITADEL ADVISORS LLC Reduced $11.0bn26.8m shares
JANE STREET GROUP, LLC Reduced $10.3bn25.2m shares
Optiver Holding B.V. Added $10.1bn24.6m shares
WOLVERINE TRADING, LLC Reduced $6.8bn16.6m shares
IMC-Chicago, LLC Reduced $6.6bn16.0m shares
BARCLAYS PLC New $5.8bn14.2m shares
CITIGROUP INC Reduced $4.8bn11.7m shares
BANK OF AMERICA CORP /DE/ Reduced $4.7bn11.6m shares

Biggest puts

BANK OF AMERICA CORP /DE/ Reduced $22.9bn55.8m shares
JANE STREET GROUP, LLC Reduced $18.3bn44.6m shares
CITADEL ADVISORS LLC Reduced $17.1bn41.8m shares
CTC LLC Reduced $15.6bn381.3k shares
ALKEON CAPITAL MANAGEMENT LLC Reduced $14.9bn36.4m shares
Optiver Holding B.V. Reduced $12.8bn31.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $11.0bn26.9m shares
BARCLAYS PLC New $10.8bn26.3m shares
CITIGROUP INC Reduced $9.0bn22.0m shares
IMC-Chicago, LLC Reduced $8.4bn20.6m 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 MORGAN STANLEY 0.76% of their portfolio NEW YORK, NY 42,058,03042.1m $17.2bn $17.2bn 0.76% Added +23.7m +23,745,610
2 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio ORLANDO, FL 28,332,43328.3m $69.2k $69.2k 0.01% Added +28.3m +28,263,426
3 JPMORGAN CHASE & CO 0.18% of their portfolio NEW YORK, NY 8,527,5268.5m $3.5bn $3.5bn 0.18% Added +3.2m +3,219,387
4 BANK OF AMERICA CORP /DE/ 0.40% of their portfolio CHARLOTTE, NC 8,523,4248.5m $3.5bn $3.5bn 0.40% Reduced -6.4m -6,352,908
5 LPL Financial LLC 2.03% of their portfolio FORT MILL, SC 8,154,0158.2m $3.3bn $3.3bn 2.03% Added +631.3k +631,275
6 GOLDMAN SACHS GROUP INC 0.59% of their portfolio NEW YORK, NY 6,613,4936.6m $2.7bn $2.7bn 0.59% Reduced -1.5m -1,453,857
7 WELLS FARGO & COMPANY/MN 0.76% of their portfolio SAN FRANCISCO, CA 6,530,1706.5m $2.7bn $2.7bn 0.76% Reduced -1.3m -1,281,835
8 SUSQUEHANNA INTERNATIONAL GROUP, LLP 3.66% of their portfolio BALA CYNWYD, PA 5,275,0875.3m $2.2bn $2.2bn 3.66% Reduced -2.5m -2,509,704
9 AMERIPRISE FINANCIAL INC 0.59% of their portfolio MINNEAPOLIS, MN 4,764,2814.8m $2.0bn $2.0bn 0.59% Added +505.0k +504,986
10 UBS Group AG 0.78% of their portfolio ZURICH, V8 4,747,8124.7m $1.9bn $1.9bn 0.78% Reduced -1.3m -1,324,008
11 TORONTO DOMINION BANK 2.76% of their portfolio TORONTO, ONTARIO, A6 4,644,9014.6m $1.9bn $1.9bn 2.76% Reduced -6.6m -6,563,011
12 PNC Financial Services Group, Inc. 1.47% of their portfolio Pittsburgh, PA 4,564,3714.6m $1.9bn $1.9bn 1.47% Reduced -133.4k -133,427
13 ENVESTNET ASSET MANAGEMENT INC 0.77% of their portfolio Berwyn, PA 4,523,1784.5m $1.9bn $1.9bn 0.77% Reduced -8.0k -7,987
14 JANE STREET GROUP, LLC 2.17% of their portfolio NEW YORK, NY 4,365,2144.4m $1.8bn $1.8bn 2.17% Reduced -2.4m -2,366,218
15 ROYAL BANK OF CANADA 0.41% of their portfolio TORONTO, A6 4,051,4734.1m $1.7bn $1.7bn 0.41% Reduced -75.6k -75,628
16 BANK OF MONTREAL /CAN/ 0.50% of their portfolio TORONTO, A6 3,774,7083.8m $1.6bn $1.6bn 0.50% Reduced -1.4m -1,377,669
17 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 1.43% of their portfolio MILWAUKEE, WI 3,106,2753.1m $1.3bn $1.3bn 1.43% Added +85.6k +85,648
18 CTC LLC 11.59% of their portfolio CHICAGO, IL 2,875,0822.9m $1.2bn $1.2bn 11.59% New
19 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 3.88% of their portfolio TORONTO, A6 2,690,7002.7m $1.1bn $1.1bn 3.88% Added +838.7k +838,700
20 Fisher Asset Management, LLC 0.54% of their portfolio PLANO, TX 2,511,2482.5m $1.0bn $1.0bn 0.54% Reduced -75.4k -75,449
21 COMMONWEALTH EQUITY SERVICES, LLC 1.86% of their portfolio WALTHAM, MA 2,474,8242.5m $1.0bn $1.0bn 1.86% Added +162.7k +162,691
22 BARCLAYS PLC 0.45% of their portfolio LONDON, X0 2,141,6862.1m $877.1m $877.1m 0.45% Reduced -84.8k -84,835
23 OSAIC HOLDINGS, INC. 1.52% of their portfolio SCOTTSDALE, AZ 2,122,1772.1m $869.4m $869.4m 1.52% Reduced -417.4k -417,449
24 Raymond James Financial Services Advisors, Inc. 1.38% of their portfolio ST. PETERSBURG, FL 2,080,6452.1m $852.1m $852.1m 1.38% Added +26.2k +26,231
25 SHANDA ASSET MANAGEMENT HOLDINGS Ltd 45.92% of their portfolio REDWOOD CITY, CA 2,008,5002.0m $822.5m $822.5m 45.92% Reduced -1.5m -1,500,000
26 HRT FINANCIAL LP 5.79% of their portfolio NEW YORK, NY 1,882,3711.9m $770.9m $770.9m 5.79% Added +251.2k +251,190
27 Rokos Capital Management LLP 22.89% of their portfolio LONDON, X0 1,836,2871.8m $751.8m $751.8m 22.89% Added +1.5m +1,484,000
28 CANADA PENSION PLAN INVESTMENT BOARD 0.92% of their portfolio TORONTO ONTARIO, A6 1,780,0001.8m $728.9m $728.9m 0.92% Unchanged
29 National Mutual Insurance Federation of Agricultural Cooperatives 8.19% of their portfolio TOKYO, JAPAN, M0 1,759,0001.8m $720.3m $720.3m 8.19% Unchanged
30 Cambridge Investment Research Advisors, Inc. 2.54% of their portfolio FAIRFIELD, IA 1,458,1651.5m $597.1m $597.1m 2.54% Added +194.4k +194,381
31 Wellspring Financial Advisors, LLC 0.52% of their portfolio CLEVELAND, OH 1,436,1851.4m $2.1m $2.1m 0.52% Reduced -144 -144
32 BNP PARIBAS FINANCIAL MARKETS 1.07% of their portfolio PARIS, I0 1,434,6971.4m $587.5m $587.5m 1.07% Reduced -610.4k -610,398
33 CHURCHILL MANAGEMENT Corp 8.90% of their portfolio Los Angeles, CA 1,413,0691.4m $578.7m $578.7m 8.90% Added +376.7k +376,661
34 RAYMOND JAMES & ASSOCIATES 0.42% of their portfolio ST PETERSBURG, FL 1,387,2361.4m $568.1m $568.1m 0.42% Added +105.8k +105,759
35 TWO SIGMA INVESTMENTS, LP 1.34% of their portfolio NEW YORK, NY 1,350,3371.4m $553.0m $553.0m 1.34% Added +577.4k +577,355
36 CITIGROUP INC 0.67% of their portfolio NEW YORK, NY 1,239,3091.2m $507.5m $507.5m 0.67% Reduced -1.5m -1,547,679
37 US BANCORP \DE\ 0.74% of their portfolio MINNEAPOLIS, MN 1,218,6621.2m $499.1m $499.1m 0.74% Added +22.0k +22,003
38 Granite Bay Wealth Management, LLC 4.04% of their portfolio PORTSMOUTH, NH 1,183,2791.2m $451.1m $451.1m 4.04% Added +378.9k +378,922
39 TRUIST FINANCIAL CORP 0.76% of their portfolio CHARLOTTE, NC 1,162,2951.2m $476.0m $476.0m 0.76% Added +61.3k +61,291
40 HighTower Advisors, LLC 0.75% of their portfolio CHICAGO, IL 1,087,7031.1m $445.3m $445.3m 0.75% Added +670 +670
41 TD Asset Management Inc 0.42% of their portfolio Toronto, A6 1,038,1231.0m $425.1m $425.1m 0.42% Added +21.4k +21,395
42 Kensington Asset Management, LLC 21.33% of their portfolio AUSTIN, TX 999,775999.8k $409.4m $409.4m 21.33% Reduced -85.2k -85,225
43 CREDIT SUISSE AG/ 0.37% of their portfolio ZURICH, V8 942,697942.7k $386.1m $386.1m 0.37% Added +333.3k +333,291
44 BARINGS LLC 12.26% of their portfolio CHARLOTTE, NC 939,645939.6k $384.8m $384.8m 12.26% Reduced -18.4k -18,400
45 Analyst IMS Investment Management Services Ltd. 19.81% of their portfolio Tel-aviv, L3 932,175932.2k $381.7m $381.7m 19.81% Added +103.6k +103,562
46 Squarepoint Ops LLC 1.50% of their portfolio NEW YORK, NY 898,564898.6k $368.0m $368.0m 1.50% Added +885.4k +885,415
47 BANK OF NOVA SCOTIA 0.68% of their portfolio TORONTO, A6 883,673883.7k $361.9m $361.9m 0.68% Added +863.3k +863,317
48 MML INVESTORS SERVICES, LLC 1.66% of their portfolio SPRINGFIELD, MA 877,856877.9k $359.5m $359.5m 1.66% Added +64.6k +64,629
49 Artemis Wealth Advisors, LLC 68.32% of their portfolio Port Washington, NY 870,101870.1k $356.3m $356.3m 68.32% Reduced -20.4k -20,407
50 Rockefeller Capital Management L.P. 1.17% of their portfolio NEW YORK, NY 852,115852.1k $349.0m $349.0m 1.17% Added +56.8k +56,779
51 ALKEON CAPITAL MANAGEMENT LLC 2.28% of their portfolio New York, NY 849,777849.8k $348.0m $348.0m 2.28% New
52 Cerity Partners LLC 0.78% of their portfolio NEW YORK, NY 842,894842.9k $233.8m $233.8m 0.78% Added +367.3k +367,317
53 STIFEL FINANCIAL CORP 0.40% of their portfolio ST. LOUIS, MO 767,060767.1k $314.2m $314.2m 0.40% Added +45.8k +45,793
54 AE Wealth Management LLC 1.65% of their portfolio TOPEKA, KS 760,446760.4k $322.3m $322.3m 1.65% Added +84.7k +84,721
55 Janney Montgomery Scott LLC 1.01% of their portfolio PHILADELPHIA, PA 757,456757.5k $310.2m $310.2m 1.01% Added +45.1k +45,088
56 Cetera Advisor Networks LLC 1.69% of their portfolio EL SEGUNDO, CA 742,394742.4k $304.0m $304.0m 1.69% Reduced -99.7k -99,670
57 MEITAV INVESTMENT HOUSE LTD 4.40% of their portfolio BENE-BERAQ, L3 729,590729.6k $299.4m $299.4m 4.40% Added +137.1k +137,141
58 FMR LLC 0.02% of their portfolio BOSTON, MA 695,135695.1k $284.7m $284.7m 0.02% Added +681 +681
59 Mariner, LLC 0.67% of their portfolio Overland Park, KS 692,543692.5k $283.6m $283.6m 0.67% Added +31.7k +31,745
60 Susquehanna Foundation 98.44% of their portfolio BALA CYNWYD, PA 673,923673.9k $276.0m $276.0m 98.44% Unchanged
61 Fiera Capital Corp 0.83% of their portfolio MONTREAL, A8 656,835656.8k $269.0m $269.0m 0.83% Added +11.0k +11,013
62 CIBC WORLD MARKET INC. 0.74% of their portfolio TORONTO, A6 635,577635.6k $260.3m $260.3m 0.74% Added +330.5k +330,520
63 Cetera Investment Advisers 2.05% of their portfolio SCHAUMBURG, IL 615,550615.5k $252.1m $252.1m 2.05% Added +190.5k +190,523
64 Parallax Volatility Advisers, L.P. 6.93% of their portfolio San Francisco, CA 615,330615.3k $252.0m $252.0m 6.93% New
65 Sumitomo Mitsui Trust Group, Inc. 0.18% of their portfolio CHIYODA-KU, TOKYO, M0 609,213609.2k $249.5m $249.5m 0.18% Added +91.2k +91,244
66 MILLENNIUM MANAGEMENT LLC 0.24% of their portfolio NEW YORK, NY 609,104609.1k $249.4m $249.4m 0.24% Added +209.8k +209,830
67 Equitable Holdings, Inc. 3.04% of their portfolio NEW YORK, NY 602,079602.1k $246.6m $246.6m 3.04% Added +79.5k +79,479
68 FIL Ltd 0.25% of their portfolio HAMILTON, D0 587,749587.7k $240.7m $240.7m 0.25% Added +143.6k +143,617
69 CWM, LLC 1.28% of their portfolio OMAHA, NE 578,804578.8k $237.0m $237.0m 1.28% Added +99.1k +99,052
70 Creative Planning 0.44% of their portfolio OVERLAND PARK, KS 575,907575.9k $235.9m $235.9m 0.44% Added +38.4k +38,374
71 Horizon Investments, LLC 6.35% of their portfolio Charlotte, NC 556,748556.7k $228.0m $228.0m 6.35% Reduced -19.8k -19,798
72 Varma Mutual Pension Insurance Co 2.48% of their portfolio Varma, H9 540,000540.0k $221.1m $221.1m 2.48% Added +254.3k +254,267
73 Private Advisor Group, LLC 1.70% of their portfolio MORRISTOWN, NJ 534,069534.1k $218.5m $218.5m 1.70% Added +17.4k +17,377
74 Jefferies Financial Group Inc. 3.31% of their portfolio NEW YORK, NY 515,533515.5k $211.1m $211.1m 3.31% Reduced -15.1k -15,090
75 GTS SECURITIES LLC 4.37% of their portfolio NEW YORK, NY 493,061493.1k $201.9m $201.9m 4.37% Added +168.1k +168,062
76 Kestra Advisory Services, LLC 1.64% of their portfolio AUSTIN, TX 492,517492.5k $201.7m $201.7m 1.64% Added +61.5k +61,542
77 Rafferty Asset Management, LLC 0.82% of their portfolio New York, NY 476,141476.1k $195.0m $195.0m 0.82% Reduced -28.9k -28,929
78 Prime Capital Investment Advisors, LLC 2.91% of their portfolio OVERLAND PARK, KS 471,371471.4k $193.0m $193.0m 2.91% Added +43.6k +43,633
79 HSBC HOLDINGS PLC 0.17% of their portfolio LONDON, X0 462,191462.2k $189.1m $189.1m 0.17% Reduced -126.3k -126,283
80 Main Management ETF Advisors, LLC 10.74% of their portfolio SAN FRANCISCO, CA 446,600446.6k $182.9m $182.9m 10.74% Added +33.6k +33,600
81 TWO SIGMA ADVISERS, LP 0.43% of their portfolio NEW YORK, NY 443,380443.4k $181.6m $181.6m 0.43% Added +47.7k +47,700
82 IEQ CAPITAL, LLC 3.02% of their portfolio Foster City, CA 443,039443.0k $181.4m $181.4m 3.02% Reduced -1.3k -1,322
83 Q3 Asset Management 45.11% of their portfolio BIRMINGHAM, MI 435,089435.1k $178.6m $178.6m 45.11% Added +179.1k +179,059
84 TAIYO LIFE INSURANCE CO 14.14% of their portfolio CHUO-KU, TOKYO, M0 433,000433.0k $177.3m $177.3m 14.14% Unchanged
85 Bell Bank 16.33% of their portfolio FARGO, ND 413,757413.8k $169.4m $169.4m 16.33% Reduced -10.9k -10,888
86 COMERICA BANK 0.75% of their portfolio DALLAS, TX 397,423397.4k $162.8m $162.8m 0.75% Added +4.8k +4,821
87 MERCER GLOBAL ADVISORS INC /ADV 0.48% of their portfolio DENVER, CO 393,701393.7k $161.2m $161.2m 0.48% Added +247.0k +246,986
88 RITHOLTZ WEALTH MANAGEMENT 6.22% of their portfolio NEW YORK, NY 391,256391.3k $160.2m $160.2m 6.22% Added +73.1k +73,060
89 BlackRock Inc. 0.00% of their portfolio New York, NY 391,060391.1k $160.1m $160.1m 0.00% Reduced -167 -167
90 Mirae Asset Global Investments Co., Ltd. 0.32% of their portfolio SEOUL, M5 389,788389.8k $159.6m $159.6m 0.32% Reduced -48.5k -48,539
91 Bouchey Financial Group, Ltd. 16.88% of their portfolio TROY, NY 384,860384.9k $157.6m $157.6m 16.88% Added +8.1k +8,109
92 NISSAY ASSET MANAGEMENT CORP /JAPAN 1.26% of their portfolio Tokyo, M0 382,335382.3k $156.6m $156.6m 1.26% Unchanged
93 Composition Wealth, LLC 4.23% of their portfolio LOS ANGELES, CA 376,978377.0k $154.4m $154.4m 4.23% Added +57.6k +57,638
94 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.45% of their portfolio PLYMOUTH, MN 374,790374.8k $153.5m $153.5m 0.45% Reduced -19.9k -19,879
95 Man Group plc 0.44% of their portfolio LONDON, X0 374,362374.4k $153.3m $153.3m 0.44% New
96 WOLVERINE TRADING, LLC 1.14% of their portfolio CHICAGO, IL 363,495363.5k $148.9m $148.9m 1.14% Reduced -199.9k -199,900
97 PBCay One RSC Ltd 31.59% of their portfolio AL MARYAH ISLAND, C0 353,000353.0k $144.6m $144.6m 31.59% First filing
98 One River Asset Management, LLC 43.48% of their portfolio STAMFORD, CT 350,623350.6k $143.6m $143.6m 43.48% Added +258.0k +258,018
99 Bank Julius Baer & Co. Ltd, Zurich 0.61% of their portfolio ZURICH, V8 350,026350.0k $143.3m $143.3m 0.61% Added +5.9k +5,890
100 NATIONAL BANK OF CANADA /FI/ 0.25% of their portfolio MONTREAL, A8 350,009350.0k $140.9m $140.9m 0.25% Added +12.9k +12,936