Vault-13

ISHARES TR MLRG

MORNINGSTR US EQ · ETP · CUSIP 464287127

180 institutional holders +11 vs Q3 2025
5,251,0605.3m shares reported held*
$487.1mreported value*
18 new 53 added 49 reduced 13 sold out net sold ≈ $16.5m (-81.7k 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. Holder counts are more reliable. Implied quarter-end price ≈ $92.76.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 121Q4 22: 132Q1 23: 126Q2 23: 139Q3 23: 138Q4 23: 149Q1 24: 151Q2 24: 162Q3 24: 171Q4 24: 181Q1 25: 172Q2 25: 173Q3 25: 169Q4 25: 180180Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022121
Q4 2022132
Q1 2023126
Q2 2023139
Q3 2023138
Q4 2023149
Q1 2024151
Q2 2024162
Q3 2024171
Q4 2024181
Q1 2025172
Q2 2025173
Q3 2025169
Q4 2025180

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 24: 51 bought or addedQ1 24: 63 cut or sold outQ2 24: 60 bought or addedQ2 24: 47 cut or sold outQ2 24Q3 24: 71 bought or addedQ3 24: 55 cut or sold outQ4 24: 64 bought or addedQ4 24: 57 cut or sold outQ4 24Q1 25: 64 bought or addedQ1 25: 70 cut or sold outQ2 25: 64 bought or addedQ2 25: 69 cut or sold outQ2 25Q3 25: 65 bought or addedQ3 25: 59 cut or sold outQ4 25: 71 bought or addedQ4 25: 62 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20245163
Q2 20246047
Q3 20247155
Q4 20246457
Q1 20256470
Q2 20256469
Q3 20256559
Q4 20257162

Biggest buyers

Corient Private Wealth LP Added +96,897+96.9k
RAYMOND JAMES FINANCIAL INC Added +69,338+69.3k
EXCHANGE TRADED CONCEPTS, LLC Added +48,866+48.9k
LPL Financial LLC Added +39,225+39.2k
Focus Partners Wealth New +11,859+11.9k
Cetera Investment Advisers Added +11,151+11.2k
NATIXIS ADVISORS, LLC New +11,035+11.0k
Orion Porfolio Solutions, LLC Added +9,849+9.8k
Rothschild Wealth LLC New +9,844+9.8k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +7,348+7.3k

Biggest sellers

OSAIC HOLDINGS, INC. Reduced -175,872-175.9k
JPMORGAN CHASE & CO Reduced -158,870-158.9k
GOLDMAN SACHS GROUP INC Reduced -29,146-29.1k
NorthCoast Asset Management LLC Sold out -12,165-12.2k
Sanctuary Advisors, LLC Reduced -7,559-7.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -7,394-7.4k
Cambridge Investment Research Advisors, Inc. Reduced -7,330-7.3k
Ameritas Advisory Services, LLC Sold out -6,380-6.4k
Savant Capital, LLC Reduced -5,770-5.8k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -3,630-3.6k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 547,486547.5k $51.7m $51.7m 0.00% Added +6.0k +6,034
2 EXCHANGE TRADED CONCEPTS, LLC 0.41% of their portfolio Oklahoma City, OK 519,869519.9k $49.1m $49.1m 0.41% Added +48.9k +48,866
3 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 514,913514.9k $48.6m $48.6m 0.01% Added +211 +211
4 Equitable Holdings, Inc. 0.25% of their portfolio NEW YORK, NY 383,286383.3k $36.2m $36.2m 0.25% Added +295 +295
5 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 246,468246.5k $23.3m $23.3m 0.01% Added +39.2k +39,225
6 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 208,351208.4k $19.7m $19.7m 0.02% Added +11.2k +11,151
7 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 186,044186.0k $8.8m $8.8m 0.01% Added +96.9k +96,897
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 172,044172.0k $16.2m $16.2m 0.00% Reduced -158.9k -158,870
9 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 165,492165.5k $15.9m $15.9m 0.02% Reduced -383 -383
10 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 128,978129.0k $12.2m $12.2m 0.02% Reduced -3.6k -3,630
11 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 110,058110.1k $10.4m $10.4m 0.00% Added +69.3k +69,338
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 100,960101.0k $9.5m $9.5m 0.00% Reduced -1.1k -1,105
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 100,109100.1k $9.4m $9.4m 0.00% Reduced -2.8k -2,787
14 Wealth Forward, LLC 5.24% of their portfolio FARGO, ND 98,26498.3k $9.3m $9.3m 5.24% Added +1.2k +1,156
15 Center for Wealth Management Advisory 6.43% of their portfolio MILFORD, OH 92,46692.5k $8.7m $8.7m 6.43% First filing
16 Gladstone Institutional Advisory LLC 0.30% of their portfolio Bedminster, NJ 84,91484.9k $8.0m $8.0m 0.30% Reduced -1.3k -1,305
17 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 84,36884.4k $8.0m $8.0m 0.00% Reduced -108 -108
18 Merit Financial Group, LLC 0.06% of their portfolio ALPHARETTA, GA 73,48573.5k $6.9m $6.9m 0.06% Added +2.1k +2,149
19 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 73,18973.2k $6.9m $6.9m 0.01% Reduced -175.9k -175,872
20 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 63,67763.7k $6.0m $6.0m 0.01% Reduced -1.8k -1,756
21 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 46,09946.1k $4.4m $4.4m 0.00% Reduced -29.1k -29,146
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 44,72444.7k $4.2m $4.2m 0.00% Reduced -383 -383
23 Commonwealth Financial Services, LLC 0.67% of their portfolio VIENNA, WV 43,14243.1k $4.1m $4.1m 0.67% Added +1.7k +1,652
24 Crestwood Advisors Group, LLC 0.07% of their portfolio BOSTON, MA 42,68342.7k $4.0m $4.0m 0.07% Added +3 +3
25 Brand Asset Management Group, Inc. 1.05% of their portfolio CHESTERFIELD, MO 39,95240.0k $3.8m $3.8m 1.05% Reduced -2.9k -2,888
26 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 36,17736.2k $3.4m $3.4m 0.00% Reduced -1.1k -1,075
27 JIM SAULNIER & ASSOCIATES, LLC 1.75% of their portfolio FORT COLLINS, CO 35,69235.7k $3.4m $3.4m 1.75% Reduced -414 -414
28 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 35,00635.0k $3.3m $3.3m 0.02% Added +9.8k +9,849
29 INDEPENDENT FINANCIAL GROUP, LLC 0.07% of their portfolio SAN DIEGO, CA 33,33233.3k $3.1m $3.1m 0.07% Added +100 +100
30 Global Retirement Partners, LLC 0.05% of their portfolio San Rafael, CA 32,15832.2k $3.0m $3.0m 0.05% Added +3.3k +3,313
31 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 29,74329.7k $2.8m $2.8m 0.01% Reduced -7.3k -7,330
32 Modern Wealth Management, LLC 0.05% of their portfolio KANSAS CITY, MO 28,83728.8k $2.7m $2.7m 0.05% Reduced -626 -626
33 Financial Engines Advisors L.L.C. 0.01% of their portfolio SANTA CLARA, CA 28,28828.3k $2.7m $2.7m 0.01% Reduced -2.9k -2,878
34 J.W. COLE ADVISORS, INC. 0.06% of their portfolio TAMPA, FL 28,20828.2k $2.7m $2.7m 0.06% Reduced -78 -78
35 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 26,07626.1k $2.5m $2.5m 0.00% Added +7.3k +7,348
36 FMR LLC 0.00% of their portfolio BOSTON, MA 23,51123.5k $2.2m $2.2m 0.00% Added +3.7k +3,683
37 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 23,50423.5k $2.2m $2.2m 0.01% Reduced -319 -319
38 Edge Financial Advisors LLC 0.79% of their portfolio WHEATON, IL 20,00720.0k $1.9m $1.9m 0.79% Added +2.7k +2,706
39 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 18,50818.5k $1.7m $1.7m 0.00% Reduced -1.1k -1,126
40 SILVER OAK SECURITIES, INCORPORATED 0.11% of their portfolio JACKSON, TN 17,82317.8k $1.7m $1.7m 0.11% Reduced -37 -37
41 SILVIA MCCOLL WEALTH MANAGEMENT, LLC 1.10% of their portfolio SAN DIEGO, CA 17,51517.5k $1.7m $1.7m 1.10% Reduced -1.8k -1,800
42 American Trust 0.13% of their portfolio LEXINGTON, KY 16,40516.4k $1.5m $1.5m 0.13% Reduced -914 -914
43 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 16,23416.2k $1.5m $1.5m 0.01% Reduced -121 -121
44 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 15,73215.7k $1.5m $1.5m 0.01% Added +51 +51
45 MONEY CONCEPTS CAPITAL CORP 0.08% of their portfolio PALM BEACH GARDENS, FL 15,63115.6k $1.5m $1.5m 0.08% Reduced -1.4k -1,398
46 Mariner, LLC 0.00% of their portfolio Overland Park, KS 15,49515.5k $1.5m $1.5m 0.00% Added +2.1k +2,077
47 Councilor Wealth, LLC 0.69% of their portfolio BETHESDA, MD 15,46515.5k $1.5m $1.5m 0.69% Reduced -1 -1
48 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 15,22115.2k $1.4m $1.4m 0.00% Reduced -3.6k -3,584
49 Dentgroup LLC 0.92% of their portfolio BATON ROUGE, LA 14,24214.2k $1.3m $1.3m 0.92% Unchanged
50 Wealth Management Associates, Inc. 0.41% of their portfolio Cherry Hill, NJ 12,55512.6k $1.2m $1.2m 0.41% Added +7 +7
51 Bawa N Mallick Trust 0.43% of their portfolio FOREST HILLS, NY 12,40012.4k $1.2m $1.2m 0.43% Unchanged
52 Liberty Capital Management, Inc. 0.22% of their portfolio BIRMINGHAM, MI 12,26012.3k $1.2m $1.2m 0.22% Unchanged
53 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 11,85911.9k $1.1m $1.1m 0.00% New
54 Keystone Financial Services, LLC 0.71% of their portfolio OMAHA, NE 11,10011.1k $1.0m $1.0m 0.71% Reduced -98 -98
55 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 11,03511.0k $1.0m $1.0m 0.00% New
56 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 10,81910.8k $1.0m $1.0m 0.00% Reduced -2.6k -2,581
57 Greykasell Wealth Strategies, Inc. 0.39% of their portfolio DANVILLE, CA 10,60010.6k $1.0m $1.0m 0.39% Added +2 +2
58 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 10,49410.5k $990.4k $990.4k 0.00% Added +11 +11
59 Apollon Wealth Management, LLC 0.02% of their portfolio MOUNT PLEASANT, SC 10,22010.2k $964.6k $964.6k 0.02% Unchanged
60 Rothschild Wealth LLC 0.09% of their portfolio OAK BROOK, IL 9,8449.8k $929.1k $929.1k 0.09% New
61 ROCKLAND TRUST CO 0.04% of their portfolio HANOVER, MA 9,6799.7k $913.5k $913.5k 0.04% Reduced -161 -161
62 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 9,2939.3k $877.2k $877.2k 0.00% Added +476 +476
63 SeaCrest Wealth Management, LLC 0.09% of their portfolio PURCHASE, NY 8,9058.9k $850.4k $850.4k 0.09% Reduced -1.1k -1,125
64 Capital Management Associates, Inc 0.18% of their portfolio MINNEAPOLIS, MN 8,6698.7k $818.2k $818.2k 0.18% Added +49 +49
65 CWM, LLC 0.00% of their portfolio OMAHA, NE 8,3238.3k $786.0k $786.0k 0.00% Unchanged
66 COMERICA BANK 0.00% of their portfolio DALLAS, TX 8,2688.3k $780.3k $780.3k 0.00% Reduced -60 -60
67 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 8,1138.1k $765.7k $765.7k 0.00% Reduced -1.5k -1,456
68 Asset Management Group, Inc. 0.12% of their portfolio STAMFORD, CT 7,8597.9k $741.7k $741.7k 0.12% Added +22 +22
69 Pacific Sun Financial Corp 0.35% of their portfolio LOS ANGELES, CA 7,7207.7k $728.6k $728.6k 0.35% Reduced -200 -200
70 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 7,5087.5k $708.6k $708.6k 0.00% Reduced -7.6k -7,559
71 Red Tortoise LLC 0.30% of their portfolio ATLANTA, GA 7,3157.3k $690.4k $690.4k 0.30% Unchanged
72 NewEdge Wealth, LLC 0.01% of their portfolio STAMFORD, CT 7,2277.2k $682.1k $682.1k 0.01% Reduced -38 -38
73 Strategic Blueprint, LLC 0.04% of their portfolio ATLANTA, GA 6,7886.8k $640.7k $640.7k 0.04% Unchanged
74 Vantage Financial Partners, LLC 0.13% of their portfolio ELM GROVE, WI 6,7346.7k $635.5k $635.5k 0.13% Reduced -326 -326
75 IHT Wealth Management, LLC 0.02% of their portfolio Chicago, IL 6,7126.7k $633.5k $633.5k 0.02% Reduced -6 -6
76 Savant Capital, LLC 0.00% of their portfolio ROCKFORD, IL 6,4866.5k $612.1k $612.1k 0.00% Reduced -5.8k -5,770
77 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 6,3176.3k $596.2k $596.2k 0.00% Unchanged
78 GTS SECURITIES LLC 0.02% of their portfolio NEW YORK, NY 6,2526.3k $590.1k $590.1k 0.02% New
79 CHAPIN DAVIS, INC. 0.14% of their portfolio BALTIMORE, MD 6,1896.2k $584.1k $584.1k 0.14% Added +1 +1
80 Dana Investment Advisors, Inc. 0.02% of their portfolio BROOKFIELD, WI 5,9485.9k $561.4k $561.4k 0.02% Unchanged
81 Brightwater Advisory LLC 0.37% of their portfolio TAMPA, FL 5,8315.8k $550.3k $550.3k 0.37% Reduced -126 -126
82 Choate Investment Advisors 0.01% of their portfolio BOSTON, MA 5,7395.7k $541.6k $541.6k 0.01% Unchanged
83 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 5,6925.7k $537.0k $537.0k 0.00% Reduced -897 -897
84 Soltis Investment Advisors LLC 0.03% of their portfolio ST. GEORGE, UT 5,4975.5k $518.8k $518.8k 0.03% Added +3 +3
85 Aurora Private Wealth, Inc. 0.34% of their portfolio ROCKAWAY, NJ 5,4745.5k $511.0k $511.0k 0.34% First filing
86 Cape Investment Advisory, Inc. 0.15% of their portfolio MCDONOUGH, GA 5,1555.2k $486.5k $486.5k 0.15% New
87 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 5,1485.1k $485.9k $485.9k 0.01% Unchanged
88 Richard P Slaughter Associates Inc 0.10% of their portfolio AUSTIN, TX 5,0015.0k $472.0k $472.0k 0.10% Unchanged
89 Focus Financial Network, Inc. 0.02% of their portfolio MINNEAPOLIS, MN 4,9474.9k $466.9k $466.9k 0.02% Added +16 +16
90 Aspen Wealth Management LLC 0.10% of their portfolio FORT WORTH, TX 4,9404.9k $466.2k $466.2k 0.10% Added +16 +16
91 Chicago Partners Investment Group LLC 0.01% of their portfolio CHICAGO, IL 4,8234.8k $459.8k $459.8k 0.01% Unchanged
92 Harbour Trust & Investment Management Co 0.05% of their portfolio MICHIGAN CITY, IN 4,7004.7k $443.6k $443.6k 0.05% Unchanged
93 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 4,6704.7k $440.8k $440.8k 0.00% Added +2 +2
94 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 4,5564.6k $430.0k $430.0k 0.00% Added +1.3k +1,312
95 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 4,5504.5k $429.4k $429.4k 0.00% Unchanged
96 TFB Advisors LLC 0.12% of their portfolio OVERLAND PARK, KS 4,4424.4k $419.3k $419.3k 0.12% Added +14 +14
97 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 4,4334.4k $418.4k $418.4k 0.00% Added +4.1k +4,073
98 LANDAAS & CO /WI /ADV 0.09% of their portfolio MILWAUKEE, WI 4,3944.4k $414.7k $414.7k 0.09% Added +8 +8
99 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 4,3794.4k $413.3k $413.3k 0.00% Unchanged
100 Perigon Wealth Management, LLC 0.01% of their portfolio SAN FRANCISCO, CA 4,1684.2k $393.3k $393.3k 0.01% Added +8 +8