Vault-13

ISHARES TR OEF

S&P 100 ETF · ETP · CUSIP 464287101

1,099 institutional holders +100 vs Q3 2025
67,223,48467.2m shares reported held*
$22.8bnreported value*
90 new 413 added 280 reduced 43 sold out net sold ≈ $5.0bn (-39.2m 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 ($32.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $339.78. Options: 6 managers hold calls ($90.5m notional), 3 hold puts ($5.8m).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 475Q4 22: 504Q1 23: 516Q2 23: 553Q3 23: 567Q4 23: 762Q1 24: 742Q2 24: 763Q3 24: 791Q4 24: 861Q1 25: 895Q2 25: 943Q3 25: 999Q4 25: 1,0991,099Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022475
Q4 2022504
Q1 2023516
Q2 2023553
Q3 2023567
Q4 2023762
Q1 2024742
Q2 2024763
Q3 2024791
Q4 2024861
Q1 2025895
Q2 2025943
Q3 2025999
Q4 20251,099

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ1 24: 224 bought or addedQ1 24: 399 cut or sold outQ2 24: 299 bought or addedQ2 24: 280 cut or sold outQ2 24Q3 24: 316 bought or addedQ3 24: 264 cut or sold outQ4 24: 318 bought or addedQ4 24: 284 cut or sold outQ4 24Q1 25: 431 bought or addedQ1 25: 280 cut or sold outQ2 25: 481 bought or addedQ2 25: 270 cut or sold outQ2 25Q3 25: 519 bought or addedQ3 25: 257 cut or sold outQ4 25: 503 bought or addedQ4 25: 323 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024224399
Q2 2024299280
Q3 2024316264
Q4 2024318284
Q1 2025431280
Q2 2025481270
Q3 2025519257
Q4 2025503323

Calls vs puts

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

CallsPuts
$0$100m$200m$300m$400mQ1 25 calls: $350.6mQ1 25 puts: $259.9mQ1 25P/C 0.74Q2 25 calls: $58.9mQ2 25 puts: $12.8mQ2 25P/C 0.22Q3 25 calls: $64.6mQ3 25 puts: $8.9mQ3 25P/C 0.14Q4 25 calls: $90.5mQ4 25 puts: $5.8mQ4 25P/C 0.06
Numbers
QuarterCallsPutsP/C
Q1 2025$350.6m$259.9m0.74
Q2 2025$58.9m$12.8m0.22
Q3 2025$64.6m$8.9m0.14
Q4 2025$90.5m$5.8m0.06

Biggest buyers

Quantum Financial Advisors, LLC New +367,126+367.1k
LPL Financial LLC Added +290,930+290.9k
Focus Partners Wealth Added +275,818+275.8k
WELLS FARGO & COMPANY/MN Added +177,259+177.3k
MORGAN STANLEY Added +147,326+147.3k
BANK OF AMERICA CORP /DE/ Added +143,951+144.0k
JONES FINANCIAL COMPANIES LLLP Added +115,096+115.1k
MML INVESTORS SERVICES, LLC Added +92,104+92.1k
RAYMOND JAMES FINANCIAL INC Added +89,125+89.1k
Redhawk Wealth Advisors, Inc. New +78,904+78.9k

Biggest sellers

REGIONS FINANCIAL CORP Reduced -29,257,783-29.3m
Arax Advisory Partners Reduced -7,646,523-7.6m
JPMORGAN CHASE & CO Reduced -2,570,251-2.6m
BlueCrest Capital Management Ltd Sold out -925,172-925.2k
SoundView Advisors Inc. Sold out -547,227-547.2k
NorthCoast Asset Management LLC Reduced -349,740-349.7k
Sanctuary Advisors, LLC Reduced -193,543-193.5k
CITIGROUP INC Reduced -172,334-172.3k
NATURAL INVESTMENTS, LLC Reduced -167,260-167.3k
TWO SIGMA INVESTMENTS, LP Reduced -149,800-149.8k

Biggest calls

Capital Markets Trading UK LLP Added $60.9m1.6m shares
CMT Capital Markets Trading GmbH Added $19.5m355.6k shares
IMC-Chicago, LLC Added $4.4m26.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $4.0m11.7k shares
JANE STREET GROUP, LLC Reduced $926.0k2.7k shares
CITADEL ADVISORS LLC Reduced $891.7k2.6k shares

Biggest puts

Pale Fire Capital SE New $3.3m19.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.5m4.5k shares
CITADEL ADVISORS LLC Added $994.6k2.9k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 1.08% of their portfolio Berwyn, PA 10,595,75510.6m $3.6bn $3.6bn 1.08% Reduced -140.5k -140,451
2 BANK OF AMERICA CORP /DE/ 0.17% of their portfolio CHARLOTTE, NC 6,978,4347.0m $2.4bn $2.4bn 0.17% Added +144.0k +143,951
3 LPL Financial LLC 0.42% of their portfolio FORT MILL, SC 4,530,2694.5m $1.6bn $1.6bn 0.42% Added +290.9k +290,930
4 JPMORGAN CHASE & CO 0.06% of their portfolio NEW YORK, NY 2,791,3232.8m $957.3m $957.3m 0.06% Reduced -2.6m -2,570,251
5 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 2,555,8232.6m $876.6m $876.6m 0.05% Added +147.3k +147,326
6 FIFTH THIRD BANCORP 2.78% of their portfolio CINCINNATI, OH 2,549,1642.5m $874.3m $874.3m 2.78% Reduced -13.1k -13,057
7 JONES FINANCIAL COMPANIES LLLP 0.46% of their portfolio DES PERES, MO 2,182,3942.2m $748.5m $748.5m 0.46% Added +115.1k +115,096
8 BlackRock, Inc. 0.01% of their portfolio New York, NY 1,287,6361.3m $441.6m $441.6m 0.01% Added +40.3k +40,321
9 CWM, LLC 1.11% of their portfolio OMAHA, NE 1,190,7921.2m $408.4m $408.4m 1.11% Added +27.0k +27,019
10 GOLDMAN SACHS GROUP INC 0.05% of their portfolio NEW YORK, NY 1,110,5411.1m $380.9m $380.9m 0.05% Reduced -12.2k -12,222
11 Focus Partners Wealth 0.41% of their portfolio ST LOUIS, MO 1,042,2921.0m $357.5m $357.5m 0.41% Added +275.8k +275,818
12 Envestnet Portfolio Solutions, Inc. 1.22% of their portfolio BERWYN, PA 1,012,3431.0m $347.2m $347.2m 1.22% Added +46.8k +46,833
13 PARK AVENUE SECURITIES LLC 2.93% of their portfolio NEW YORK, NY 1,007,3061.0m $345.5m $345.5m 2.93% Added +13.0k +13,013
14 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 912,326912.3k $312.9m $312.9m 0.06% Added +177.3k +177,259
15 MML INVESTORS SERVICES, LLC 0.75% of their portfolio SPRINGFIELD, MA 900,318900.3k $308.8m $308.8m 0.75% Added +92.1k +92,104
16 Cresset Asset Management, LLC 1.20% of their portfolio Chicago, IL 822,857822.9k $282.2m $282.2m 1.20% Reduced -9.8k -9,828
17 Cetera Investment Advisers 0.30% of their portfolio SCHAUMBURG, IL 806,686806.7k $276.7m $276.7m 0.30% Added +50.1k +50,135
18 UBS Group AG 0.05% of their portfolio ZURICH, V8 726,018726.0k $249.0m $249.0m 0.05% Added +15.7k +15,718
19 IEQ CAPITAL, LLC 0.72% of their portfolio Foster City, CA 703,504703.5k $241.3m $241.3m 0.72% Reduced -4.7k -4,735
20 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 594,918594.9k $204.0m $204.0m 0.05% Added +55.8k +55,755
21 Janney Montgomery Scott LLC 0.45% of their portfolio PHILADELPHIA, PA 568,340568.3k $194.9m $194.9m 0.45% Added +3.4k +3,356
22 OneDigital Investment Advisors LLC 1.87% of their portfolio OVERLAND PARK, KS 556,996557.0k $191.0m $191.0m 1.87% Added +14.2k +14,232
23 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 545,670545.7k $187.1m $187.1m 0.03% Added +39.1k +39,088
24 NewEdge Advisors, LLC 0.60% of their portfolio NEW ORLEANS, LA 482,215482.2k $165.4m $165.4m 0.60% Added +38.9k +38,887
25 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 470,824470.8k $161.5m $161.5m 0.05% Added +89.1k +89,125
26 COMMONWEALTH EQUITY SERVICES, LLC 0.21% of their portfolio WALTHAM, MA 466,961467.0k $160.2m $160.2m 0.21% Added +44.7k +44,660
27 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.10% of their portfolio MILWAUKEE, WI 440,765440.8k $151.2m $151.2m 0.10% Added +18.0k +18,014
28 PNC Financial Services Group, Inc. 0.08% of their portfolio Pittsburgh, PA 435,278435.3k $149.3m $149.3m 0.08% Added +20.3k +20,312
29 EVOKE WEALTH, LLC 2.70% of their portfolio Los Angeles, CA 408,838408.8k $140.2m $140.2m 2.70% Reduced -12.4k -12,370
30 Foundations Investment Advisors, LLC 1.68% of their portfolio PHOENIX, AZ 374,545374.5k $128.5m $128.5m 1.68% Added +29.3k +29,327
31 JB Capital LLC 5.14% of their portfolio WETHERSFIELD, CT 367,150367.1k $125.9m $125.9m 5.14% Added +5.7k +5,652
32 Quantum Financial Advisors, LLC 1.01% of their portfolio SANTA MONICA, CA 367,126367.1k $9.0m $9.0m 1.01% New
33 Sanctuary Advisors, LLC 0.65% of their portfolio INDIANAPOLIS, IN 348,477348.5k $119.5m $119.5m 0.65% Reduced -193.5k -193,543
34 TWO SIGMA INVESTMENTS, LP 0.15% of their portfolio NEW YORK, NY 301,700301.7k $103.5m $103.5m 0.15% Reduced -149.8k -149,800
35 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 298,053298.1k $102.2m $102.2m 0.02% Added +24.9k +24,850
36 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.61% of their portfolio IRVING, TX 293,499293.5k $100.7m $100.7m 0.61% Added +9.9k +9,862
37 SAGESPRING WEALTH PARTNERS, LLC 0.15% of their portfolio FRANKLIN, TN 273,055273.1k $8.2m $8.2m 0.15% Reduced -4.5k -4,465
38 CM WEALTH ADVISORS LLC 19.16% of their portfolio BEACHWOOD, OH 247,292247.3k $84.8m $84.8m 19.16% Added +1.6k +1,563
39 STIFEL FINANCIAL CORP 0.08% of their portfolio ST. LOUIS, MO 243,358243.4k $83.5m $83.5m 0.08% Added +15.0k +14,979
40 Mariner, LLC 0.09% of their portfolio Overland Park, KS 224,412224.4k $77.0m $77.0m 0.09% Added +20.7k +20,730
41 Bluespring Wealth Management, LLC 6.23% of their portfolio AUSTIN, TX 210,826210.8k $72.3m $72.3m 6.23% Reduced -2.7k -2,739
42 Thrivent Financial for Lutherans 0.13% of their portfolio Minneapolis, MN 206,042206.0k $71.0m $71.0m 0.13% Reduced -929 -929
43 OSAIC HOLDINGS, INC. 0.10% of their portfolio SCOTTSDALE, AZ 192,618192.6k $66.1m $66.1m 0.10% Reduced -3.4k -3,373
44 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 178,930178.9k $61.4m $61.4m 0.03% Reduced -1.8k -1,766
45 TRUIST FINANCIAL CORP 0.08% of their portfolio CHARLOTTE, NC 171,376171.4k $58.8m $58.8m 0.08% Reduced -465 -465
46 Ensign Peak Advisors, Inc 0.10% of their portfolio SALT LAKE CITY, UT 170,477170.5k $58.5m $58.5m 0.10% Unchanged
47 AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio Greenwich, CT 168,154168.2k $57.7m $57.7m 0.03% Added +18.6k +18,552
48 FMR LLC 0.00% of their portfolio BOSTON, MA 168,129168.1k $57.7m $57.7m 0.00% Added +1.6k +1,630
49 Cerity Partners LLC 0.08% of their portfolio NEW YORK, NY 166,759166.8k $57.2m $57.2m 0.08% Reduced -513 -513
50 SIGNATUREFD, LLC 0.84% of their portfolio ATLANTA, GA 161,027161.0k $55.2m $55.2m 0.84% Reduced -601 -601
51 Cambridge Investment Research Advisors, Inc. 0.15% of their portfolio FAIRFIELD, IA 160,667160.7k $55.1m $55.1m 0.15% Added +21.4k +21,428
52 US BANCORP \DE\ 0.06% of their portfolio MINNEAPOLIS, MN 151,720151.7k $52.0m $52.0m 0.06% Added +6.6k +6,597
53 Atria Investments, Inc 0.59% of their portfolio Charlotte, NC 151,479151.5k $52.0m $52.0m 0.59% Added +8.0k +7,971
54 Steward Partners Investment Advisory, LLC 0.28% of their portfolio STAMFORD, CT 150,279150.3k $51.5m $51.5m 0.28% Reduced -1.0k -1,007
55 AGF MANAGEMENT LTD 0.21% of their portfolio TORONTO, A6 141,240141.2k $48.4m $48.4m 0.21% Reduced -12.8k -12,765
56 AE Wealth Management LLC 0.28% of their portfolio TOPEKA, KS 140,272140.3k $48.1m $48.1m 0.28% Reduced -8.3k -8,332
57 Quantinno Capital Management LP 0.10% of their portfolio NEW YORK, NY 138,837138.8k $47.6m $47.6m 0.10% Added +2.4k +2,432
58 ALPS ADVISORS INC 0.26% of their portfolio Denver, CO 130,232130.2k $44.7m $44.7m 0.26% Reduced -3.3k -3,340
59 Dorsey & Whitney Trust CO LLC 2.26% of their portfolio SIOUX FALLS, SD 124,725124.7k $42.8m $42.8m 2.26% Unchanged
60 Integrated Wealth Concepts LLC 0.50% of their portfolio WALTHAM, MA 123,410123.4k $42.3m $42.3m 0.50% Reduced -35.1k -35,112
61 VICUS CAPITAL 3.03% of their portfolio STATE COLLEGE, PA 117,655117.7k $40.4m $40.4m 3.03% Added +4.4k +4,410
62 Icon Wealth Advisors, LLC 2.66% of their portfolio HOUSTON, TX 116,248116.2k $39.9m $39.9m 2.66% Added +3.6k +3,613
63 CreativeOne Wealth, LLC 0.96% of their portfolio OVERLAND PARK, KS 115,966116.0k $39.8m $39.8m 0.96% Added +5.7k +5,727
64 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 115,490115.5k $39.6m $39.6m 0.01% Reduced -422 -422
65 Financial Partners Group, Inc 4.51% of their portfolio Overland Park, KS 113,571113.6k $39.0m $39.0m 4.51% Reduced -1.1k -1,136
66 Capital Analysts, LLC 1.04% of their portfolio FORT WASHINGTON, PA 109,105109.1k $37.4m $37.4m 1.04% Added +204 +204
67 RIA Advisory Group LLC 8.99% of their portfolio Des Moines, IA 108,309108.3k $37.1m $37.1m 8.99% Added +16.2k +16,151
68 Rockefeller Capital Management L.P. 0.07% of their portfolio NEW YORK, NY 105,545105.5k $36.2m $36.2m 0.07% Added +30.0k +29,992
69 IFP Advisors, Inc 0.81% of their portfolio TAMPA, FL 105,116105.1k $36.1m $36.1m 0.81% Reduced -1.5k -1,546
70 Demars Financial Group, LLC 11.93% of their portfolio SPOKANE VALLEY, WA 103,910103.9k $35.6m $35.6m 11.93% Added +3.8k +3,828
71 OAKWORTH CAPITAL, INC. 1.93% of their portfolio BIRMINGHAM, AL 102,883102.9k $35.3m $35.3m 1.93% Reduced -1.1k -1,112
72 Sharkey, Howes & Javer 4.14% of their portfolio DENVER, CO 94,86394.9k $32.5m $32.5m 4.14% Added +5.6k +5,638
73 Pathstone Holdings, LLC 0.13% of their portfolio ENGLEWOOD, NJ 94,50994.5k $32.4m $32.4m 0.13% Reduced -409 -409
74 Shepherd Financial Partners LLC 2.92% of their portfolio WINCHESTER, MA 91,97292.0k $31.5m $31.5m 2.92% Added +2.5k +2,455
75 Ackerman Asset Management, LLC 20.24% of their portfolio ROCKVILLE, MD 88,73588.7k $30.4m $30.4m 20.24% Reduced -151 -151
76 &PARTNERS 0.16% of their portfolio NASHVILLE, TN 88,00288.0k $30.2m $30.2m 0.16% Added +3.3k +3,301
77 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 86,37086.4k $29.6m $29.6m 0.02% Added +51.5k +51,487
78 Stone House Investment Management, LLC 4.44% of their portfolio TUNKHANNOCK, PA 83,44283.4k $28.6m $28.6m 4.44% Added +1.9k +1,879
79 SteelPeak Wealth, LLC 0.94% of their portfolio WOODLAND HILLS, CA 83,21383.2k $28.5m $28.5m 0.94% Reduced -348 -348
80 Orion Porfolio Solutions, LLC 0.21% of their portfolio OMAHA, NE 82,40782.4k $28.3m $28.3m 0.21% Added +7.8k +7,797
81 Perigon Wealth Management, LLC 0.49% of their portfolio SAN FRANCISCO, CA 80,47680.5k $27.6m $27.6m 0.49% Added +17.1k +17,124
82 Harbour Trust & Investment Management Co 2.81% of their portfolio MICHIGAN CITY, IN 80,43180.4k $27.6m $27.6m 2.81% Added +196 +196
83 Merit Financial Group, LLC 0.22% of their portfolio ALPHARETTA, GA 79,79679.8k $27.4m $27.4m 0.22% Reduced -376 -376
84 Farther Finance Advisors, LLC 0.29% of their portfolio SAN FRANCISCO, CA 79,21379.2k $27.2m $27.2m 0.29% Added +22.7k +22,698
85 CAPTRUST FINANCIAL ADVISORS 0.05% of their portfolio RALEIGH, NC 79,14679.1k $27.1m $27.1m 0.05% Added +148 +148
86 Redhawk Wealth Advisors, Inc. 3.03% of their portfolio MINNEAPOLIS, MN 78,90478.9k $27.1m $27.1m 3.03% New
87 Financial Enhancement Group LLC 3.47% of their portfolio ANDERSON, IN 78,78678.8k $26.7m $26.7m 3.47% Reduced -1.1k -1,138
88 Marin Bay Wealth Advisors, LLC 15.35% of their portfolio SAN ANSELMO, CA 78,12378.1k $26.8m $26.8m 15.35% First filing
89 MERCER GLOBAL ADVISORS INC /ADV 0.04% of their portfolio DENVER, CO 76,40876.4k $26.2m $26.2m 0.04% Added +1.1k +1,110
90 Detalus Advisors, LLC 6.30% of their portfolio ST. LOUIS, MO 75,31775.3k $25.8m $25.8m 6.30% Added +2.2k +2,153
91 High Falls Advisors, Inc 5.17% of their portfolio ROCHESTER, NY 74,36974.4k $25.5m $25.5m 5.17% Added +4.3k +4,347
92 Amplius Wealth Advisors, LLC 2.13% of their portfolio BLUE BELL, PA 73,99274.0k $25.4m $25.4m 2.13% Reduced -259 -259
93 Fifth Third Wealth Advisors LLC 0.88% of their portfolio Cincinnati, OH 73,31073.3k $25.1m $25.1m 0.88% Added +18.2k +18,162
94 SEVEN MILE ADVISORY 4.30% of their portfolio TALLAHASSEE, FL 73,05773.1k $25.1m $25.1m 4.30% Added +172 +172
95 Private Advisor Group, LLC 0.12% of their portfolio MORRISTOWN, NJ 72,27772.3k $24.8m $24.8m 0.12% Added +13.2k +13,205
96 NorthRock Partners, LLC 0.41% of their portfolio MINNEAPOLIS, MN 70,56570.6k $24.2m $24.2m 0.41% Added +21.3k +21,283
97 TSA Wealth Managment LLC 7.88% of their portfolio HOUSTON, TX 69,40469.4k $23.8m $23.8m 7.88% Added +1.3k +1,345
98 One Capital Management, LLC 0.70% of their portfolio WESTLAKE VILLAGE, CA 67,95868.0k $23.3m $23.3m 0.70% Added +893 +893
99 OLD NATIONAL BANCORP /IN/ 0.38% of their portfolio EVANSVILLE, IN 67,52867.5k $23.2m $23.2m 0.38% Reduced -2.4k -2,395
100 Kestra Advisory Services, LLC 0.10% of their portfolio AUSTIN, TX 67,29367.3k $23.1m $23.1m 0.10% Added +5.1k +5,075