Vault-13

ISHARES INC ACWV

MSCI GBL MIN VOL · ETP · CUSIP 464286525

322 institutional holders -8 vs Q1 2025
18,145,59118.1m shares reported held*
$2.2bnreported value*
29 new 102 added 118 reduced 38 sold out net bought ≈ $64.2m (+536.0k 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 ($8.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $118.53. Options: 1 managers hold calls ($284.6k notional), 0 hold puts (—).

Trends to Q2 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: 330Q2 25: 322322Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025322

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 92 bought or addedQ3 23: 159 cut or sold outQ4 23: 100 bought or addedQ4 23: 163 cut or sold outQ4 23Q1 24: 100 bought or addedQ1 24: 153 cut or sold outQ2 24: 100 bought or addedQ2 24: 160 cut or sold outQ2 24Q3 24: 103 bought or addedQ3 24: 153 cut or sold outQ4 24: 119 bought or addedQ4 24: 146 cut or sold outQ4 24Q1 25: 113 bought or addedQ1 25: 152 cut or sold outQ2 25: 131 bought or addedQ2 25: 156 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202392159
Q4 2023100163
Q1 2024100153
Q2 2024100160
Q3 2024103153
Q4 2024119146
Q1 2025113152
Q2 2025131156

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ3 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 0.58Q2 25 calls: $284.6kQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$252.0k$206.2k0.82
Q4 2024$0$0—
Q1 2025$523.7k$302.6k0.58
Q2 2025$284.6k$00.00

Biggest buyers

BlackRock, Inc. Added +217,274+217.3k
FLOW TRADERS U.S. LLC Added +207,184+207.2k
JANE STREET GROUP, LLC New +165,731+165.7k
Rockefeller Capital Management L.P. Added +164,979+165.0k
ROYAL BANK OF CANADA Added +145,523+145.5k
1832 Asset Management L.P. Added +130,684+130.7k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +128,059+128.1k
Sequoia Financial Advisors, LLC Added +62,013+62.0k
GOLDMAN SACHS GROUP INC New +56,552+56.6k
JPMORGAN CHASE & CO Added +44,909+44.9k

Biggest sellers

Tanglewood Wealth Management, Inc. Reduced -227,403-227.4k
NATIONAL BANK OF CANADA /FI/ Reduced -138,229-138.2k
FMR LLC Reduced -111,023-111.0k
SEI INVESTMENTS CO Reduced -57,531-57.5k
RENAISSANCE TECHNOLOGIES LLC Reduced -50,200-50.2k
RAYMOND JAMES FINANCIAL INC Reduced -47,241-47.2k
HB Wealth Management, LLC Reduced -38,236-38.2k
ASPIRIANT, LLC Reduced -34,259-34.3k
Qube Research & Technologies Ltd Sold out -32,282-32.3k
Geneos Wealth Management Inc. Reduced -30,716-30.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $284.6k2.4k 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.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SEI INVESTMENTS CO 0.34% of their portfolio OAKS, PA 2,498,7882.5m $296.3m $296.3m 0.34% Reduced -57.5k -57,531
2 ASPIRIANT, LLC 9.10% of their portfolio San Francisco, CA 2,415,1372.4m $286.4m $286.4m 9.10% Reduced -34.3k -34,259
3 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.21% of their portfolio Toronto, A6 2,010,3422.0m $238.4m $238.4m 0.21% Added +128.1k +128,059
4 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,841,7411.8m $218.4m $218.4m 0.00% Added +217.3k +217,274
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,278,1841.3m $151.6m $151.6m 0.01% Reduced -24.3k -24,335
6 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 663,248663.2k $78.6m $78.6m 0.03% Added +11.7k +11,692
7 UBS Group AG 0.01% of their portfolio ZURICH, V8 395,788395.8k $46.9m $46.9m 0.01% Reduced -5.5k -5,532
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 392,897392.9k $46.6m $46.6m 0.00% Reduced -12.6k -12,642
9 1832 Asset Management L.P. 0.07% of their portfolio TORONTO, A6 345,010345.0k $40.9m $40.9m 0.07% Added +130.7k +130,684
10 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 239,584239.6k $28.4m $28.4m 0.01% Reduced -8.1k -8,072
11 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 234,897234.9k $27.9m $27.9m 0.01% Reduced -1.3k -1,295
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 227,503227.5k $27.0m $27.0m 0.00% Added +44.9k +44,909
13 FLOW TRADERS U.S. LLC 0.97% of their portfolio NEW YORK, NY 220,764220.8k $26.2m $26.2m 0.97% Added +207.2k +207,184
14 SEARCY FINANCIAL SERVICES INC /ADV 10.61% of their portfolio OVERLAND PARK, KS 220,103220.1k $26.1m $26.1m 10.61% Added +1.2k +1,180
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 218,268218.3k $25.9m $25.9m 0.00% Added +145.5k +145,523
16 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 209,364209.4k $24.8m $24.8m 0.03% Added +165.0k +164,979
17 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 168,725168.7k $20.0m $20.0m 0.01% Reduced -47.2k -47,241
18 BESSEMER GROUP INC 0.03% of their portfolio WOODBRIDGE, NJ 168,188168.2k $19.9m $19.9m 0.03% Unchanged
19 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 165,731165.7k $19.7m $19.7m 0.03% New
20 DORVAL Corp 6.87% of their portfolio MAPLE GROVE, MN 161,894161.9k $19.2m $19.2m 6.87% Added +3.1k +3,091
21 Ackerman Capital Advisors, LLC 3.93% of their portfolio DALLAS, TX 142,790142.8k $16.9m $16.9m 3.93% Added +33.1k +33,141
22 HB Wealth Management, LLC 0.13% of their portfolio Atlanta, GA 140,799140.8k $16.7m $16.7m 0.13% Reduced -38.2k -38,236
23 BARON SILVER STEVENS FINANCIAL ADVISORS, LLC 2.52% of their portfolio Boca Raton, FL 132,808132.8k $15.7m $15.7m 2.52% Added +3.0k +3,017
24 Mariner, LLC 0.02% of their portfolio Overland Park, KS 120,434120.4k $14.3m $14.3m 0.02% Added +22.5k +22,524
25 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 117,678117.7k $14.0m $14.0m 0.02% Added +31 +31
26 Glenmede Investment Management, LP 0.06% of their portfolio PHILADELPHIA, PA 100,970101.0k $12.0m $12.0m 0.06% First filing
27 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 100,019100.0k $11.9m $11.9m 0.00% Reduced -3.7k -3,671
28 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 97,55297.6k $11.6m $11.6m 0.02% Added +3.3k +3,254
29 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 93,38193.4k $11.1m $11.1m 0.05% Added +6.5k +6,542
30 Equitable Holdings, Inc. 0.09% of their portfolio NEW YORK, NY 91,47491.5k $10.8m $10.8m 0.09% Reduced -2.1k -2,105
31 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 88,85588.9k $10.5m $10.5m 0.01% Added +11.4k +11,423
32 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 86,66086.7k $10.3m $10.3m 0.02% Reduced -8.2k -8,173
33 Dynamic Advisor Solutions LLC 0.32% of their portfolio PHOENIX, AZ 86,10686.1k $10.2m $10.2m 0.32% Reduced -826 -826
34 Tacita Capital Inc 6.45% of their portfolio TORONTO, A6 84,64484.6k $10.0m $10.0m 6.45% Added +1.9k +1,893
35 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 81,29481.3k $9.6m $9.6m 0.01% Reduced -3.3k -3,313
36 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 79,08779.1k $9.4m $9.4m 0.02% Reduced -824 -824
37 Sequoia Financial Advisors, LLC 0.06% of their portfolio Akron, OH 72,76872.8k $8.6m $8.6m 0.06% Added +62.0k +62,013
38 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 69,29369.3k $8.2m $8.2m 0.00% Added +89 +89
39 Fiera Capital Corp 0.03% of their portfolio MONTREAL, A8 67,23067.2k $8.0m $8.0m 0.03% Added +550 +550
40 WFA Asset Management Corp 3.84% of their portfolio WHITEFISH BAY, WI 64,96865.0k $6.8m $6.8m 3.84% Reduced -9.2k -9,205
41 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 56,55256.6k $6.7m $6.7m 0.00% New
42 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 54,85254.9k $6.5m $6.5m 0.01% Reduced -119 -119
43 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 54,33054.3k $6.4m $6.4m 0.01% Added +10.6k +10,571
44 IRON Financial LLC 3.34% of their portfolio NORTHBROOK, IL 53,18453.2k $6.3m $6.3m 3.34% Reduced -3.0k -3,050
45 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 50,10350.1k $5.9m $5.9m 0.01% Added +26.3k +26,276
46 Kingsview Wealth Management, LLC 0.10% of their portfolio GRANTS PASS, OR 49,73149.7k $5.9m $5.9m 0.10% Added +42.9k +42,885
47 Patriot Financial Group Insurance Agency, LLC 0.65% of their portfolio Westborough, MA 47,74147.7k $5.7m $5.7m 0.65% Added +13.1k +13,144
48 Financial Connections Group, Inc. 2.28% of their portfolio CORTE MADERA, CA 46,53846.5k $5.5m $5.5m 2.28% Reduced -239 -239
49 SYM FINANCIAL Corp 0.53% of their portfolio WINONA LAKE, IN 39,81039.8k $4.7m $4.7m 0.53% Added +717 +717
50 Valmark Advisers, Inc. 0.06% of their portfolio AKRON, OH 39,19139.2k $4.6m $4.6m 0.06% Reduced -2.9k -2,938
51 Turtle Creek Wealth Advisors, LLC 0.51% of their portfolio DALLAS, TX 36,34936.3k $4.3m $4.3m 0.51% Reduced -3.2k -3,176
52 Cadent Capital Advisors, LLC 1.41% of their portfolio TULSA, OK 36,24636.2k $4.3m $4.3m 1.41% Added +1.6k +1,648
53 OLD NATIONAL BANCORP /IN/ 0.08% of their portfolio EVANSVILLE, IN 36,24136.2k $4.3m $4.3m 0.08% Added +13.8k +13,775
54 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 35,37935.4k $4.2m $4.2m 0.01% Added +59 +59
55 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 35,30735.3k $4.2m $4.2m 0.01% Reduced -2.6k -2,639
56 &PARTNERS 0.03% of their portfolio NASHVILLE, TN 35,16735.2k $4.2m $4.2m 0.03% Added +249 +249
57 GSG Advisors LLC 1.21% of their portfolio MOUNT LAUREL, NJ 35,07535.1k $4.2m $4.2m 1.21% Added +1.1k +1,102
58 FMR LLC 0.00% of their portfolio BOSTON, MA 34,88634.9k $4.1m $4.1m 0.00% Reduced -111.0k -111,023
59 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 33,72833.7k $4.0m $4.0m 0.00% Added +19.8k +19,802
60 CWM, LLC 0.01% of their portfolio OMAHA, NE 33,47233.5k $4.0m $4.0m 0.01% Added +92 +92
61 Creekside Partners 1.81% of their portfolio PETALUMA, CA 32,18932.2k $3.8m $3.8m 1.81% Added +151 +151
62 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 30,90030.9k $3.7m $3.7m 0.00% Reduced -50.2k -50,200
63 Brookstone Capital Management 0.05% of their portfolio WHEATON, IL 30,46330.5k $3.6m $3.6m 0.05% Added +2.1k +2,073
64 Merit Financial Group, LLC 0.04% of their portfolio ALPHARETTA, GA 30,25730.3k $3.6m $3.6m 0.04% Added +4.7k +4,688
65 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 28,69328.7k $3.4m $3.4m 0.02% Reduced -445 -445
66 PRUDENTIAL PLC 0.02% of their portfolio LONDON, X0 27,99428.0k $3.3m $3.3m 0.02% Added +7.4k +7,432
67 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 25,15825.2k $3.0m $3.0m 0.00% Added +3.7k +3,715
68 J. Safra Sarasin Holding AG 0.05% of their portfolio BASEL, V8 22,28722.3k $2.6m $2.6m 0.05% New
69 Geneos Wealth Management Inc. 0.06% of their portfolio ENGLEWOOD, CO 21,33521.3k $2.5m $2.5m 0.06% Reduced -30.7k -30,716
70 Balentine LLC 0.10% of their portfolio ATLANTA, GA 21,15121.2k $2.5m $2.5m 0.10% Reduced -60 -60
71 Perigon Wealth Management, LLC 0.06% of their portfolio SAN FRANCISCO, CA 21,14921.1k $2.5m $2.5m 0.06% Reduced -1.7k -1,699
72 Arcus Capital Partners, LLC 0.97% of their portfolio ATLANTA, GA 18,95919.0k $2.2m $2.2m 0.97% Added +91 +91
73 K2 Financial Inc. 1.94% of their portfolio GLENDORA, CA 18,88818.9k $2.2m $2.2m 1.94% Reduced -176 -176
74 Stratos Wealth Advisors, LLC 0.11% of their portfolio BEACHWOOD, OH 17,39117.4k $2.1m $2.1m 0.11% Reduced -1.0k -1,002
75 FWG Investments, LLC. 1.53% of their portfolio LEXINGTON, KY 16,94816.9k $2.0m $2.0m 1.53% New
76 Consolidated Portfolio Review Corp 0.27% of their portfolio WOODBURY, NY 16,56716.6k $2.0m $2.0m 0.27% Added +315 +315
77 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 16,55616.6k $2.0m $2.0m 0.00% Added +4.5k +4,487
78 U.S. Capital Wealth Advisors, LLC 0.06% of their portfolio AUSTIN, TX 16,38616.4k $1.9m $1.9m 0.06% Added +2.8k +2,823
79 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 16,12916.1k $1.9m $1.9m 0.01% Reduced -2.4k -2,403
80 Lester Murray Antman dba SimplyRich 0.53% of their portfolio CARLSBAD, CA 15,98516.0k $1.9m $1.9m 0.53% Added +314 +314
81 XY Planning Network, Inc. 0.61% of their portfolio BOZEMAN, MT 15,10015.1k $1.8m $1.8m 0.61% New
82 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 14,94614.9k $1.8m $1.8m 0.00% Reduced -138.2k -138,229
83 Ausdal Financial Partners, Inc. 0.11% of their portfolio Davenport, IA 14,40914.4k $1.7m $1.7m 0.11% Added +526 +526
84 Financial Advisors, LLC 0.32% of their portfolio ANDOVER, MA 14,30314.3k $1.7m $1.7m 0.32% Added +26 +26
85 Philip James Wealth Mangement, LLC 0.21% of their portfolio MILTON, GA 14,01614.0k $1.7m $1.7m 0.21% Added +92 +92
86 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.01% of their portfolio IRVING, TX 13,76813.8k $1.6m $1.6m 0.01% Reduced -186 -186
87 Milestones Private Investment Advisors LLC 1.19% of their portfolio FAIRPORT, NY 13,60413.6k $1.6m $1.6m 1.19% First filing
88 Visionary Wealth Advisors 0.08% of their portfolio O'FALLON, IL 13,29913.3k $1.6m $1.6m 0.08% Added +49 +49
89 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 12,87412.9k $1.5m $1.5m 0.00% Added +101 +101
90 NewEdge Wealth, LLC 0.02% of their portfolio STAMFORD, CT 12,76312.8k $1.5m $1.5m 0.02% Reduced -503 -503
91 Vantage Financial Partners, LLC 0.35% of their portfolio ELM GROVE, WI 12,69212.7k $1.5m $1.5m 0.35% Added +641 +641
92 Snowden Capital Advisors LLC 0.04% of their portfolio New York, NY 12,51312.5k $1.5m $1.5m 0.04% Reduced -112 -112
93 OLD MISSION CAPITAL LLC 0.04% of their portfolio CHICAGO, IL 12,44212.4k $1.5m $1.5m 0.04% Reduced -16.1k -16,137
94 Portland Financial Advisors Inc 3.46% of their portfolio PORT WASHINGTON, NY 12,15412.2k $1.4m $1.4m 3.46% Reduced -187 -187
95 TFB Advisors LLC 0.38% of their portfolio OVERLAND PARK, KS 12,12312.1k $1.4m $1.4m 0.38% Added +122 +122
96 ARKANSAS FINANCIAL GROUP, INC. 0.21% of their portfolio LITTLE ROCK, AR 11,66311.7k $1.4m $1.4m 0.21% Reduced -46 -46
97 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.03% of their portfolio LOS ANGELES, CA 11,60611.6k $1.4m $1.4m 0.03% Added +795 +795
98 HARBOUR INVESTMENTS, INC. 0.03% of their portfolio MADISON, WI 11,39811.4k $1.4m $1.4m 0.03% Reduced -48 -48
99 PLANNING DIRECTIONS INC 0.76% of their portfolio GLEN MILLS, PA 11,31711.3k $1.3m $1.3m 0.76% Reduced -1.2k -1,216
100 J.W. COLE ADVISORS, INC. 0.03% of their portfolio TAMPA, FL 11,21011.2k $1.3m $1.3m 0.03% Added +6.7k +6,735