Vault-13

ISHARES INC ACWV

MSCI GBL MIN VOL · ETP · CUSIP 464286525

307 institutional holders -15 vs Q2 2025
16,949,42216.9m shares reported held*
$2.0bnreported value*
18 new 82 added 109 reduced 28 sold out net sold ≈ $141.3m (-1.2m 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 ($9.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $119.90. Options: 1 managers hold calls ($251.8k notional), 0 hold puts (—).

Trends to Q3 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: 322Q3 25: 307307Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 2025307

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 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 25Q2 25: 131 bought or addedQ2 25: 156 cut or sold outQ3 25: 100 bought or addedQ3 25: 137 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023100163
Q1 2024100153
Q2 2024100160
Q3 2024103153
Q4 2024119146
Q1 2025113152
Q2 2025131156
Q3 2025100137

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ4 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 0.00Q3 25 calls: $251.8kQ3 25 puts: $0Q3 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2024$0$0—
Q1 2025$523.7k$302.6k0.58
Q2 2025$284.6k$00.00
Q3 2025$251.8k$00.00

Biggest buyers

COMMON FUND FOR NONPROFIT ORGANIZATIONS New +257,027+257.0k
JPMORGAN CHASE & CO Added +143,483+143.5k
Beacon Pointe Advisors, LLC Added +52,347+52.3k
SEI INVESTMENTS CO Added +50,990+51.0k
M Holdings Securities, Inc. New +37,719+37.7k
Ackerman Capital Advisors, LLC Added +30,373+30.4k
LPL Financial LLC Added +24,467+24.5k
NATIONAL BANK OF CANADA /FI/ Added +20,636+20.6k
MERCER GLOBAL ADVISORS INC /ADV Added +18,904+18.9k
Sanctuary Advisors, LLC Added +18,239+18.2k

Biggest sellers

BlackRock, Inc. Reduced -503,694-503.7k
1832 Asset Management L.P. Sold out -345,010-345.0k
FLOW TRADERS U.S. LLC Sold out -220,764-220.8k
ROYAL BANK OF CANADA Reduced -142,990-143.0k
Rockefeller Capital Management L.P. Reduced -125,954-126.0k
JANE STREET GROUP, LLC Reduced -125,273-125.3k
GOLDMAN SACHS GROUP INC Reduced -50,361-50.4k
Kingsview Wealth Management, LLC Reduced -43,734-43.7k
ENVESTNET ASSET MANAGEMENT INC Reduced -32,814-32.8k
RENAISSANCE TECHNOLOGIES LLC Sold out -30,900-30.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $251.8k2.1k 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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SEI INVESTMENTS CO 0.33% of their portfolio OAKS, PA 2,549,7782.5m $305.8m $305.8m 0.33% Added +51.0k +50,990
2 ASPIRIANT, LLC 8.87% of their portfolio San Francisco, CA 2,419,6772.4m $290.2m $290.2m 8.87% Added +4.5k +4,540
3 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.20% of their portfolio Toronto, A6 2,014,0932.0m $241.5m $241.5m 0.20% Added +3.8k +3,751
4 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,338,0471.3m $160.5m $160.5m 0.00% Reduced -503.7k -503,694
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,247,3941.2m $149.6m $149.6m 0.01% Reduced -30.8k -30,790
6 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 687,715687.7k $82.5m $82.5m 0.02% Added +24.5k +24,467
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 388,748388.7k $46.6m $46.6m 0.00% Reduced -4.1k -4,149
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 370,986371.0k $44.5m $44.5m 0.00% Added +143.5k +143,483
9 UBS Group AG 0.01% of their portfolio ZURICH, V8 370,491370.5k $44.4m $44.4m 0.01% Reduced -25.3k -25,297
10 COMMON FUND FOR NONPROFIT ORGANIZATIONS 2.65% of their portfolio NORWALK, CT 257,027257.0k $30.8m $30.8m 2.65% New
11 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 239,112239.1k $28.7m $28.7m 0.01% Added +4.2k +4,215
12 SEARCY FINANCIAL SERVICES INC /ADV 10.17% of their portfolio OVERLAND PARK, KS 223,179223.2k $26.8m $26.8m 10.17% Added +3.1k +3,076
13 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 206,770206.8k $24.8m $24.8m 0.01% Reduced -32.8k -32,814
14 Ackerman Capital Advisors, LLC 4.35% of their portfolio DALLAS, TX 173,163173.2k $20.8m $20.8m 4.35% Added +30.4k +30,373
15 BESSEMER GROUP INC 0.03% of their portfolio WOODBRIDGE, NJ 168,188168.2k $20.2m $20.2m 0.03% Unchanged
16 DORVAL Corp 6.62% of their portfolio MAPLE GROVE, MN 166,779166.8k $20.0m $20.0m 6.62% Added +4.9k +4,885
17 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 157,860157.9k $18.9m $18.9m 0.01% Reduced -10.9k -10,865
18 BARON SILVER STEVENS FINANCIAL ADVISORS, LLC 2.45% of their portfolio Boca Raton, FL 139,571139.6k $16.7m $16.7m 2.45% Added +6.8k +6,763
19 HB Wealth Management, LLC 0.11% of their portfolio Atlanta, GA 129,515129.5k $15.5m $15.5m 0.11% Reduced -11.3k -11,284
20 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 105,632105.6k $12.7m $12.7m 0.02% Reduced -12.0k -12,046
21 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 99,76399.8k $12.0m $12.0m 0.02% Added +2.2k +2,211
22 Glenmede Investment Management, LP 0.06% of their portfolio PHILADELPHIA, PA 98,46898.5k $11.8m $11.8m 0.06% Reduced -2.5k -2,502
23 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 97,99398.0k $11.8m $11.8m 0.00% Reduced -2.0k -2,026
24 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 97,99198.0k $11.8m $11.8m 0.02% Added +18.9k +18,904
25 Equitable Holdings, Inc. 0.08% of their portfolio NEW YORK, NY 94,47794.5k $11.3m $11.3m 0.08% Added +3.0k +3,003
26 Mariner, LLC 0.01% of their portfolio Overland Park, KS 94,40894.4k $11.3m $11.3m 0.01% Reduced -26.0k -26,026
27 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 87,79387.8k $10.5m $10.5m 0.01% Reduced -1.1k -1,062
28 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 86,54386.5k $10.4m $10.4m 0.05% Reduced -6.8k -6,838
29 Tacita Capital Inc 6.22% of their portfolio TORONTO, A6 85,83285.8k $10.3m $10.3m 6.22% Added +1.2k +1,188
30 Dynamic Advisor Solutions LLC 0.29% of their portfolio PHOENIX, AZ 83,77883.8k $10.0m $10.0m 0.29% Reduced -2.3k -2,328
31 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 83,41083.4k $10.0m $10.0m 0.02% Reduced -126.0k -125,954
32 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 80,00580.0k $9.6m $9.6m 0.01% Reduced -1.3k -1,289
33 Sequoia Financial Advisors, LLC 0.06% of their portfolio Akron, OH 76,10676.1k $9.1m $9.1m 0.06% Added +3.3k +3,338
34 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 75,27875.3k $9.0m $9.0m 0.00% Reduced -143.0k -142,990
35 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 71,96872.0k $8.6m $8.6m 0.02% Reduced -14.7k -14,692
36 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 70,13370.1k $8.4m $8.4m 0.00% Added +840 +840
37 Fiera Capital Corp 0.03% of their portfolio MONTREAL, A8 67,23067.2k $8.1m $8.1m 0.03% Unchanged
38 WFA Asset Management Corp 3.66% of their portfolio WHITEFISH BAY, WI 58,70958.7k $6.7m $6.7m 3.66% Reduced -6.3k -6,259
39 Beacon Pointe Advisors, LLC 0.06% of their portfolio NEWPORT BEACH, CA 58,10958.1k $7.0m $7.0m 0.06% Added +52.3k +52,347
40 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 57,73857.7k $6.9m $6.9m 0.01% Added +2.9k +2,886
41 Patriot Financial Group Insurance Agency, LLC 0.88% of their portfolio Westborough, MA 57,28157.3k $6.9m $6.9m 0.88% Added +9.5k +9,540
42 IRON Financial LLC 3.03% of their portfolio NORTHBROOK, IL 52,69152.7k $6.3m $6.3m 3.03% Reduced -493 -493
43 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 50,48050.5k $6.0m $6.0m 0.01% Reduced -3.9k -3,850
44 Financial Connections Group, Inc. 2.14% of their portfolio CORTE MADERA, CA 45,70145.7k $5.5m $5.5m 2.14% Reduced -837 -837
45 Valmark Advisers, Inc. 0.07% of their portfolio AKRON, OH 45,20745.2k $5.4m $5.4m 0.07% Added +6.0k +6,016
46 PRUDENTIAL PLC 0.04% of their portfolio LONDON, X0 44,51844.5k $5.3m $5.3m 0.04% Added +16.5k +16,524
47 SYM FINANCIAL Corp 0.54% of their portfolio WINONA LAKE, IN 42,37342.4k $5.1m $5.1m 0.54% Added +2.6k +2,563
48 Cadent Capital Advisors, LLC 1.32% of their portfolio TULSA, OK 41,69341.7k $5.0m $5.0m 1.32% Added +5.4k +5,447
49 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 40,45840.5k $4.9m $4.9m 0.01% Reduced -125.3k -125,273
50 M Holdings Securities, Inc. 0.96% of their portfolio PORTLAND, OR 37,71937.7k $4.5m $4.5m 0.96% New
51 &PARTNERS 0.03% of their portfolio NASHVILLE, TN 37,25437.3k $4.5m $4.5m 0.03% Added +2.1k +2,087
52 Turtle Creek Wealth Advisors, LLC 0.39% of their portfolio DALLAS, TX 36,34936.3k $4.4m $4.4m 0.39% Unchanged
53 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 35,58235.6k $4.3m $4.3m 0.00% Added +20.6k +20,636
54 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 34,36834.4k $4.1m $4.1m 0.01% Added +18.2k +18,239
55 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 34,33834.3k $4.1m $4.1m 0.00% Reduced -1.0k -1,041
56 GSG Advisors LLC 1.06% of their portfolio MOUNT LAUREL, NJ 33,51633.5k $4.0m $4.0m 1.06% Reduced -1.6k -1,559
57 CWM, LLC 0.01% of their portfolio OMAHA, NE 33,31033.3k $4.0m $4.0m 0.01% Reduced -162 -162
58 Creekside Partners 1.69% of their portfolio PETALUMA, CA 32,02132.0k $3.8m $3.8m 1.69% Reduced -168 -168
59 Brookstone Capital Management 0.04% of their portfolio WHEATON, IL 31,31331.3k $3.8m $3.8m 0.04% Added +850 +850
60 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 31,01231.0k $3.7m $3.7m 0.01% Reduced -19.1k -19,091
61 Merit Financial Group, LLC 0.03% of their portfolio ALPHARETTA, GA 30,25530.3k $3.6m $3.6m 0.03% Reduced -2 -2
62 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 29,77229.8k $3.5m $3.5m 0.00% Added +4.6k +4,614
63 OLD NATIONAL BANCORP /IN/ 0.06% of their portfolio EVANSVILLE, IN 29,68029.7k $3.6m $3.6m 0.06% Reduced -6.6k -6,561
64 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 29,33429.3k $3.5m $3.5m 0.01% Reduced -6.0k -5,973
65 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 28,87428.9k $3.5m $3.5m 0.02% Added +181 +181
66 Perigon Wealth Management, LLC 0.05% of their portfolio SAN FRANCISCO, CA 21,66921.7k $2.6m $2.6m 0.05% Added +520 +520
67 Balentine LLC 0.09% of their portfolio ATLANTA, GA 21,06621.1k $2.5m $2.5m 0.09% Reduced -85 -85
68 K2 Financial Inc. 1.85% of their portfolio GLENDORA, CA 19,39519.4k $2.3m $2.3m 1.85% Added +507 +507
69 Arcus Capital Partners, LLC 0.99% of their portfolio ATLANTA, GA 18,95919.0k $2.3m $2.3m 0.99% Unchanged
70 PFG Advisors 0.09% of their portfolio Phoenix, AZ 17,84517.8k $2.1m $2.1m 0.09% New
71 FWG Investments, LLC. 1.39% of their portfolio LEXINGTON, KY 16,94816.9k $2.0m $2.0m 1.39% Unchanged
72 Consolidated Portfolio Review Corp 0.25% of their portfolio WOODBURY, NY 16,58516.6k $2.0m $2.0m 0.25% Added +18 +18
73 Stratos Wealth Advisors, LLC 0.09% of their portfolio BEACHWOOD, OH 16,18616.2k $1.9m $1.9m 0.09% Reduced -1.2k -1,205
74 Lester Murray Antman dba SimplyRich 0.52% of their portfolio CARLSBAD, CA 15,98616.0k $1.9m $1.9m 0.52% Added +1 +1
75 Vantage Financial Partners, LLC 0.40% of their portfolio ELM GROVE, WI 15,67215.7k $1.9m $1.9m 0.40% Added +3.0k +2,980
76 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 15,47715.5k $1.9m $1.9m 0.00% Reduced -1.1k -1,079
77 U.S. Capital Wealth Advisors, LLC 0.05% of their portfolio AUSTIN, TX 15,25315.3k $1.8m $1.8m 0.05% Reduced -1.1k -1,133
78 XY Planning Network, Inc. 0.61% of their portfolio BOZEMAN, MT 15,10015.1k $1.8m $1.8m 0.61% Unchanged
79 Ausdal Financial Partners, Inc. 0.08% of their portfolio Davenport, IA 14,30914.3k $1.7m $1.7m 0.08% Reduced -100 -100
80 Financial Advisors, LLC 0.30% of their portfolio ANDOVER, MA 14,30314.3k $1.7m $1.7m 0.30% Unchanged
81 Milestones Private Investment Advisors LLC 1.13% of their portfolio FAIRPORT, NY 13,80413.8k $1.7m $1.7m 1.13% Added +200 +200
82 Visionary Wealth Advisors 0.07% of their portfolio O'FALLON, IL 13,22213.2k $1.6m $1.6m 0.07% Reduced -77 -77
83 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.01% of their portfolio IRVING, TX 13,19813.2k $1.6m $1.6m 0.01% Reduced -570 -570
84 FMR LLC 0.00% of their portfolio BOSTON, MA 13,19613.2k $1.6m $1.6m 0.00% Reduced -21.7k -21,690
85 TFB Advisors LLC 0.46% of their portfolio OVERLAND PARK, KS 13,12013.1k $1.6m $1.6m 0.46% Added +997 +997
86 NewEdge Wealth, LLC 0.02% of their portfolio STAMFORD, CT 12,76312.8k $1.5m $1.5m 0.02% Unchanged
87 Portland Financial Advisors Inc 3.11% of their portfolio PORT WASHINGTON, NY 12,15412.2k $1.5m $1.5m 3.11% Unchanged
88 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.03% of their portfolio LOS ANGELES, CA 11,78311.8k $1.4m $1.4m 0.03% Added +177 +177
89 ARKANSAS FINANCIAL GROUP, INC. 0.20% of their portfolio LITTLE ROCK, AR 11,49311.5k $1.4m $1.4m 0.20% Reduced -170 -170
90 PLANNING DIRECTIONS INC 0.71% of their portfolio GLEN MILLS, PA 11,31711.3k $1.4m $1.4m 0.71% Unchanged
91 Philip James Wealth Mangement, LLC 0.16% of their portfolio MILTON, GA 11,10911.1k $1.3m $1.3m 0.16% Reduced -2.9k -2,907
92 J.W. COLE ADVISORS, INC. 0.03% of their portfolio TAMPA, FL 11,07811.1k $1.3m $1.3m 0.03% Reduced -132 -132
93 RIK SAYLOR FINANCIAL, INC. 0.97% of their portfolio FAIRFIELD, OH 11,05611.1k $1.3m $1.3m 0.97% Reduced -149 -149
94 Granite FO LLC 0.71% of their portfolio BEDFORD, NH 10,82910.8k $1.3m $1.3m 0.71% Reduced -255 -255
95 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 10,60710.6k $1.3m $1.3m 0.00% Reduced -2.3k -2,267
96 HARBOUR INVESTMENTS, INC. 0.03% of their portfolio MADISON, WI 10,59810.6k $1.3m $1.3m 0.03% Reduced -800 -800
97 Alesco Advisors, LLC, An ESL Co 0.03% of their portfolio Pittsford, NY 10,44110.4k $1.3m $1.3m 0.03% Unchanged
98 Waverly Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 10,37610.4k $1.2m $1.2m 0.01% Reduced -294 -294
99 Clearstead Advisors, LLC 0.02% of their portfolio CLEVELAND, OH 10,26410.3k $1.2m $1.2m 0.02% Reduced -922 -922
100 Professional Financial Advisors, LLC 0.26% of their portfolio NORTH PLATTE, NE 10,12610.1k $1.2m $1.2m 0.26% Reduced -451 -451