Vault-13

ISHARES INC ACWV

MSCI GBL MIN VOL · ETP · CUSIP 464286525

330 institutional holders +14 vs Q4 2024
17,598,56117.6m shares reported held*
$2.0bnreported value*
39 new 74 added 129 reduced 23 sold out net bought ≈ $23.5m (+206.2k 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 ($8.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $116.26. Options: 1 managers hold calls ($523.7k notional), 2 hold puts ($302.6k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 294Q4 22: 308Q1 23: 296Q2 23: 294Q3 23: 292Q4 23: 305Q1 24: 302Q2 24: 306Q3 24: 312Q4 24: 316Q1 25: 330330Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022294
Q4 2022308
Q1 2023296
Q2 2023294
Q3 2023292
Q4 2023305
Q1 2024302
Q2 2024306
Q3 2024312
Q4 2024316
Q1 2025330

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 115 bought or addedQ2 23: 154 cut or sold outQ3 23: 92 bought or addedQ3 23: 159 cut or sold outQ3 23Q4 23: 100 bought or addedQ4 23: 163 cut or sold outQ1 24: 100 bought or addedQ1 24: 153 cut or sold outQ1 24Q2 24: 100 bought or addedQ2 24: 160 cut or sold outQ3 24: 103 bought or addedQ3 24: 153 cut or sold outQ3 24Q4 24: 119 bought or addedQ4 24: 146 cut or sold outQ1 25: 113 bought or addedQ1 25: 152 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023115154
Q3 202392159
Q4 2023100163
Q1 2024100153
Q2 2024100160
Q3 2024103153
Q4 2024119146
Q1 2025113152

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ2 24 calls: $0Q2 24 puts: $0Q2 24P/C —Q3 24 calls: $252.0kQ3 24 puts: $206.2kQ3 24P/C 0.82Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $523.7kQ1 25 puts: $302.6kQ1 25P/C 0.58
Numbers
QuarterCallsPutsP/C
Q2 2024$0$0—
Q3 2024$252.0k$206.2k0.82
Q4 2024$0$0—
Q1 2025$523.7k$302.6k0.58

Biggest buyers

Tanglewood Wealth Management, Inc. New +232,522+232.5k
HB Wealth Management, LLC New +179,035+179.0k
JPMORGAN CHASE & CO Added +71,214+71.2k
RENAISSANCE TECHNOLOGIES LLC Added +44,000+44.0k
Geneos Wealth Management Inc. Added +42,675+42.7k
NATIONAL BANK OF CANADA /FI/ Added +29,462+29.5k
OLD MISSION CAPITAL LLC New +28,579+28.6k
ASSETMARK, INC Added +26,625+26.6k
FMR LLC Added +25,993+26.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +23,827+23.8k

Biggest sellers

WMS Partners, LLC Sold out -184,474-184.5k
ENVESTNET ASSET MANAGEMENT INC Reduced -69,209-69.2k
ALLIANCEBERNSTEIN L.P. Reduced -62,997-63.0k
B. Riley Wealth Advisors, Inc. Sold out -51,330-51.3k
BlackRock, Inc. Reduced -44,159-44.2k
BANK OF AMERICA CORP /DE/ Reduced -34,300-34.3k
FDx Advisors, Inc. Sold out -34,274-34.3k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -33,747-33.7k
SEI INVESTMENTS CO Reduced -32,424-32.4k
Atria Wealth Solutions, Inc. Reduced -15,214-15.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $523.7k4.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $290.9k2.5k shares
CITADEL ADVISORS LLC New $11.6k100 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SEI INVESTMENTS CO 0.38% of their portfolio OAKS, PA 2,556,3192.6m $297.5m $297.5m 0.38% Reduced -32.4k -32,424
2 ASPIRIANT, LLC 9.89% of their portfolio San Francisco, CA 2,449,3962.4m $285.0m $285.0m 9.89% Added +22.9k +22,856
3 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.21% of their portfolio Toronto, A6 1,882,2831.9m $219.0m $219.0m 0.21% Reduced -33.7k -33,747
4 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,624,4671.6m $189.0m $189.0m 0.00% Reduced -44.2k -44,159
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,302,5191.3m $151.6m $151.6m 0.01% Reduced -34.3k -34,300
6 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 651,556651.6k $75.8m $75.8m 0.03% Reduced -1.9k -1,940
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 405,539405.5k $47.2m $47.2m 0.00% Reduced -9.2k -9,165
8 UBS Group AG 0.01% of their portfolio ZURICH, V8 401,320401.3k $46.7m $46.7m 0.01% Reduced -7.0k -6,996
9 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 247,656247.7k $28.8m $28.8m 0.01% Reduced -69.2k -69,209
10 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 236,192236.2k $27.5m $27.5m 0.01% Added +5.2k +5,207
11 Tanglewood Wealth Management, Inc. 3.04% of their portfolio HOUSTON, TX 232,522232.5k $27.1m $27.1m 3.04% New
12 SEARCY FINANCIAL SERVICES INC /ADV 11.02% of their portfolio OVERLAND PARK, KS 218,923218.9k $25.5m $25.5m 11.02% Added +5.7k +5,688
13 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 215,966216.0k $25.1m $25.1m 0.01% Reduced -12.2k -12,201
14 1832 Asset Management L.P. 0.05% of their portfolio TORONTO, A6 214,326214.3k $24.9m $24.9m 0.05% Reduced -13.3k -13,313
15 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 182,594182.6k $21.2m $21.2m 0.00% Added +71.2k +71,214
16 HB Wealth Management, LLC 0.18% of their portfolio Atlanta, GA 179,035179.0k $20.8m $20.8m 0.18% New
17 BESSEMER GROUP INC 0.04% of their portfolio WOODBRIDGE, NJ 168,188168.2k $19.6m $19.6m 0.04% Unchanged
18 DORVAL Corp 7.35% of their portfolio MAPLE GROVE, MN 158,803158.8k $18.3m $18.3m 7.35% Added +2.1k +2,065
19 NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio MONTREAL, A8 153,175153.2k $17.8m $17.8m 0.02% Added +29.5k +29,462
20 FMR LLC 0.00% of their portfolio BOSTON, MA 145,909145.9k $17.0m $17.0m 0.00% Added +26.0k +25,993
21 BARON SILVER STEVENS FINANCIAL ADVISORS, LLC 2.64% of their portfolio Boca Raton, FL 129,791129.8k $15.1m $15.1m 2.64% Reduced -3.8k -3,808
22 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 117,647117.6k $13.7m $13.7m 0.02% Reduced -501 -501
23 Ackerman Capital Advisors, LLC 3.37% of their portfolio DALLAS, TX 109,649109.6k $12.8m $12.8m 3.37% Added +2.0k +2,021
24 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 103,690103.7k $12.1m $12.1m 0.00% Reduced -15.1k -15,129
25 GLENMEDE TRUST CO NA 0.06% of their portfolio PHILADELPHIA, PA 99,998100.0k $11.6m $11.6m 0.06% Added +405 +405
26 Mariner, LLC 0.02% of their portfolio Overland Park, KS 97,91097.9k $11.4m $11.4m 0.02% Reduced -4.3k -4,288
27 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 94,83394.8k $11.0m $11.0m 0.03% Added +7.6k +7,584
28 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 94,29894.3k $11.0m $11.0m 0.02% Added +1.8k +1,800
29 Equitable Holdings, Inc. 0.10% of their portfolio NEW YORK, NY 93,57993.6k $10.9m $10.9m 0.10% Reduced -1.5k -1,459
30 Dynamic Advisor Solutions LLC 0.33% of their portfolio PHOENIX, AZ 86,93286.9k $10.1m $10.1m 0.33% Added +8.1k +8,071
31 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 86,83986.8k $10.1m $10.1m 0.05% Reduced -6.7k -6,693
32 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 84,60784.6k $9.8m $9.8m 0.02% Reduced -10.7k -10,724
33 Tacita Capital Inc 6.94% of their portfolio TORONTO, A6 82,75182.8k $9.6m $9.6m 6.94% Reduced -355 -355
34 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 81,10081.1k $9.4m $9.4m 0.01% Added +44.0k +44,000
35 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 79,91179.9k $9.3m $9.3m 0.02% Reduced -4.0k -4,001
36 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 77,43277.4k $9.0m $9.0m 0.01% Reduced -6.0k -5,987
37 WFA Asset Management Corp 4.08% of their portfolio WHITEFISH BAY, WI 74,17374.2k $7.8m $7.8m 4.08% Added +15.4k +15,395
38 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 72,74572.7k $8.5m $8.5m 0.00% Added +911 +911
39 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 69,20469.2k $8.1m $8.1m 0.00% Reduced -63.0k -62,997
40 Fiera Capital Corp 0.03% of their portfolio MONTREAL, A8 66,68066.7k $7.8m $7.8m 0.03% Added +800 +800
41 IRON Financial LLC 3.67% of their portfolio NORTHBROOK, IL 56,23456.2k $6.5m $6.5m 3.67% Reduced -10.0k -9,955
42 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 54,97155.0k $6.4m $6.4m 0.01% Reduced -7.4k -7,410
43 Geneos Wealth Management Inc. 0.09% of their portfolio ENGLEWOOD, CO 52,05152.1k $6.1m $6.1m 0.09% Added +42.7k +42,675
44 Financial Connections Group, Inc. 2.44% of their portfolio CORTE MADERA, CA 46,77746.8k $5.4m $5.4m 2.44% Reduced -264 -264
45 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 44,38544.4k $5.2m $5.2m 0.01% Reduced -5.2k -5,206
46 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 43,75943.8k $5.1m $5.1m 0.01% Added +3.2k +3,158
47 Valmark Advisers, Inc. 0.07% of their portfolio AKRON, OH 42,12942.1k $4.9m $4.9m 0.07% Added +11.1k +11,121
48 Turtle Creek Wealth Advisors, LLC 0.69% of their portfolio DALLAS, TX 39,52539.5k $4.6m $4.6m 0.69% Unchanged
49 SYM FINANCIAL Corp 0.56% of their portfolio WINONA LAKE, IN 39,09339.1k $4.5m $4.5m 0.56% Added +1.6k +1,594
50 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 37,94637.9k $4.4m $4.4m 0.01% Reduced -1.7k -1,719
51 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 35,32035.3k $4.1m $4.1m 0.01% Reduced -873 -873
52 &PARTNERS 0.04% of their portfolio NASHVILLE, TN 34,91834.9k $4.0m $4.0m 0.04% Added +432 +432
53 Cadent Capital Advisors, LLC 1.53% of their portfolio TULSA, OK 34,59834.6k $4.0m $4.0m 1.53% Added +11 +11
54 Patriot Financial Group Insurance Agency, LLC 0.54% of their portfolio Westborough, MA 34,59734.6k $4.0m $4.0m 0.54% Added +7.5k +7,462
55 GSG Advisors LLC 1.25% of their portfolio MOUNT LAUREL, NJ 33,97334.0k $3.8m $3.8m 1.25% Added +320 +320
56 CWM, LLC 0.02% of their portfolio OMAHA, NE 33,38033.4k $3.9m $3.9m 0.02% Added +2.0k +1,965
57 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 32,28232.3k $3.8m $3.8m 0.01% Added +18.7k +18,714
58 Creekside Partners 1.95% of their portfolio PETALUMA, CA 32,03832.0k $3.7m $3.7m 1.95% Reduced -763 -763
59 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 29,13829.1k $3.4m $3.4m 0.02% Reduced -2.1k -2,058
60 Cresset Asset Management, LLC 0.02% of their portfolio Chicago, IL 28,62528.6k $3.3m $3.3m 0.02% Reduced -983 -983
61 OLD MISSION CAPITAL LLC 0.06% of their portfolio CHICAGO, IL 28,57928.6k $3.3m $3.3m 0.06% New
62 Brookstone Capital Management 0.05% of their portfolio WHEATON, IL 28,39028.4k $3.3m $3.3m 0.05% Added +2.7k +2,705
63 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 26,68526.7k $3.1m $3.1m 0.01% Added +26.6k +26,625
64 Merit Financial Group, LLC 0.04% of their portfolio ALPHARETTA, GA 25,56925.6k $3.0m $3.0m 0.04% Added +11.6k +11,566
65 John W. Brooker & Co., CPAs 1.22% of their portfolio OAKLAND, CA 25,36025.4k $3.0m $3.0m 1.22% Reduced -587 -587
66 Clearstead Advisors, LLC 0.04% of their portfolio CLEVELAND, OH 24,91424.9k $2.9m $2.9m 0.04% Reduced -2.7k -2,701
67 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 23,82723.8k $2.8m $2.8m 0.00% New
68 Perigon Wealth Management, LLC 0.07% of their portfolio SAN FRANCISCO, CA 22,84822.8k $2.7m $2.7m 0.07% Reduced -426 -426
69 RWA WEALTH PARTNERS, LLC 0.03% of their portfolio BOSTON, MA 22,64422.6k $2.6m $2.6m 0.03% New
70 OLD NATIONAL BANCORP /IN/ 0.07% of their portfolio EVANSVILLE, IN 22,46622.5k $2.6m $2.6m 0.07% New
71 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 21,44321.4k $2.5m $2.5m 0.00% Added +3.1k +3,135
72 Balentine LLC 0.10% of their portfolio ATLANTA, GA 21,21121.2k $2.5m $2.5m 0.10% Reduced -1.4k -1,406
73 Algorithmic Investment Models, LLC 1.77% of their portfolio Boston, MA 20,70420.7k $2.4m $2.4m 1.77% New
74 PRUDENTIAL PLC 0.01% of their portfolio LONDON, X0 20,56220.6k $2.4m $2.4m 0.01% Added +3.5k +3,502
75 K2 Financial Inc. 2.12% of their portfolio GLENDORA, CA 19,06419.1k $2.2m $2.2m 2.12% Added +461 +461
76 Arcus Capital Partners, LLC 0.88% of their portfolio ATLANTA, GA 18,86818.9k $2.2m $2.2m 0.88% Reduced -2.5k -2,516
77 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 18,53218.5k $2.2m $2.2m 0.02% Reduced -566 -566
78 PFG Advisors 0.12% of their portfolio Phoenix, AZ 18,47118.5k $2.1m $2.1m 0.12% Reduced -251 -251
79 Stratos Wealth Advisors, LLC 0.12% of their portfolio BEACHWOOD, OH 18,39318.4k $2.1m $2.1m 0.12% Reduced -127 -127
80 Consolidated Portfolio Review Corp 0.30% of their portfolio WOODBURY, NY 16,25216.3k $1.9m $1.9m 0.30% Reduced -22 -22
81 Lester Murray Antman dba SimplyRich 0.53% of their portfolio CARLSBAD, CA 15,67115.7k $1.8m $1.8m 0.53% Added +605 +605
82 First International Bank & Trust 0.56% of their portfolio WATFORD CITY, ND 15,10015.1k $1.8m $1.8m 0.56% Unchanged
83 Granite FO LLC 0.98% of their portfolio BEDFORD, NH 14,75314.8k $1.7m $1.7m 0.98% Reduced -2.0k -2,050
84 Financial Advisors, LLC 0.33% of their portfolio ANDOVER, MA 14,27714.3k $1.7m $1.7m 0.33% Unchanged
85 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.01% of their portfolio IRVING, TX 13,95414.0k $1.6m $1.6m 0.01% Reduced -2.3k -2,330
86 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 13,92613.9k $1.6m $1.6m 0.00% Added +1.7k +1,698
87 Philip James Wealth Mangement, LLC 0.20% of their portfolio MILTON, GA 13,92413.9k $1.6m $1.6m 0.20% Reduced -1.2k -1,179
88 Ausdal Financial Partners, Inc. 0.12% of their portfolio Davenport, IA 13,88313.9k $1.6m $1.6m 0.12% Reduced -78 -78
89 FLOW TRADERS U.S. LLC 0.07% of their portfolio NEW YORK, NY 13,58013.6k $1.6m $1.6m 0.07% New
90 U.S. Capital Wealth Advisors, LLC 0.05% of their portfolio AUSTIN, TX 13,56313.6k $1.6m $1.6m 0.05% Added +3.9k +3,926
91 NewEdge Wealth, LLC 0.03% of their portfolio STAMFORD, CT 13,26613.3k $1.5m $1.5m 0.03% Unchanged
92 Visionary Wealth Advisors 0.09% of their portfolio O'FALLON, IL 13,25013.2k $1.5m $1.5m 0.09% Reduced -54 -54
93 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 12,77312.8k $1.5m $1.5m 0.00% Reduced -1.6k -1,630
94 Snowden Capital Advisors LLC 0.05% of their portfolio New York, NY 12,62512.6k $1.5m $1.5m 0.05% Added +501 +501
95 PLANNING DIRECTIONS INC 0.62% of their portfolio GLEN MILLS, PA 12,53312.5k $1.5m $1.5m 0.62% Reduced -730 -730
96 Portland Financial Advisors Inc 3.67% of their portfolio PORT WASHINGTON, NY 12,34112.3k $1.4m $1.4m 3.67% Reduced -257 -257
97 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 12,06912.1k $1.4m $1.4m 0.00% Added +860 +860
98 Vantage Financial Partners, LLC 0.35% of their portfolio ELM GROVE, WI 12,05112.1k $1.4m $1.4m 0.35% Reduced -802 -802
99 TFB Advisors LLC 0.40% of their portfolio OVERLAND PARK, KS 12,00112.0k $1.4m $1.4m 0.40% Added +65 +65
100 ARKANSAS FINANCIAL GROUP, INC. 0.23% of their portfolio LITTLE ROCK, AR 11,70911.7k $1.3m $1.3m 0.23% Unchanged