Vault-13

ISHARES TR TIP

TIPS BD ETF · ETP · CUSIP 464287176 · ISIN US4642871762

1,119 institutional holders -105 vs Q4 2022
135,688,154135.7m shares reported held*
$14.8bnreported value*
71 new 232 added 586 reduced 166 sold out net bought ≈ $175.3m (+3.5m 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 ($10.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $108.96. Options: 13 managers hold calls ($2.1bn notional), 4 hold puts ($12.5m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,226Q4 22: 1,224Q1 23: 1,1191,119Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 20221,226
Q4 20221,224
Q1 20231,119

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 332 bought or addedQ4 22: 807 cut or sold outQ4 22Q1 23: 303 bought or addedQ1 23: 752 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022332807
Q1 2023303752

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bnQ3 22 calls: $205.4mQ3 22 puts: $26.0mQ3 22P/C 0.13Q4 22 calls: $172.6mQ4 22 puts: $31.6mQ4 22P/C 0.18Q1 23 calls: $2.1bnQ1 23 puts: $12.5mQ1 23P/C 0.01
Numbers
QuarterCallsPutsP/C
Q3 2022$205.4m$26.0m0.13
Q4 2022$172.6m$31.6m0.18
Q1 2023$2.1bn$12.5m0.01

Biggest buyers

FMR LLC Added +9,480,932+9.5m
BANK OF AMERICA CORP /DE/ Added +960,754+960.8k
SUMITOMO LIFE INSURANCE CO Added +942,207+942.2k
Kirkoswald Asset Management LLC New +908,000+908.0k
Qube Research & Technologies Ltd Added +829,108+829.1k
Summit Wealth Group, LLC New +825,218+825.2k
UBS Group AG Added +739,259+739.3k
One River Asset Management, LLC New +600,000+600.0k
MONEY CONCEPTS CAPITAL CORP Added +561,771+561.8k
FIL Ltd Added +504,072+504.1k

Biggest sellers

JANE STREET GROUP, LLC Reduced -2,218,536-2.2m
ENVESTNET ASSET MANAGEMENT INC Reduced -1,864,759-1.9m
GOLDMAN SACHS GROUP INC Reduced -714,979-715.0k
BW Gestao de Investimentos Ltda. Sold out -698,056-698.1k
Baymount Management LP Sold out -610,000-610.0k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -584,549-584.5k
BARCLAYS PLC Reduced -574,305-574.3k
LPL Financial LLC Reduced -504,954-505.0k
CLIFTONLARSONALLEN WEALTH ADVISORS, LLC Reduced -385,025-385.0k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -347,356-347.4k

Biggest calls

UBS Group AG Added $631.5m5.7m shares
Balyasny Asset Management L.P. New $442.9m4.0m shares
CITIGROUP INC New $441.0m4.0m shares
CITADEL ADVISORS LLC Added $195.7m1.8m shares
MOORE CAPITAL MANAGEMENT, LP New $165.4m1.5m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $100.0m907.4k shares
GOLDMAN SACHS GROUP INC New $82.1m745.0k shares
BANK OF AMERICA CORP /DE/ New $35.5m322.0k shares
WOLVERINE TRADING, LLC Added $23.9m218.0k shares
Brevan Howard Capital Management LP New $6.2m56.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $10.0m91.0k shares
WOLVERINE TRADING, LLC Reduced $1.9m17.7k shares
CITADEL ADVISORS LLC Reduced $507.1k4.6k shares
Cutler Group LLC / CA New $1.0k100 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.09% of their portfolio New York, NY 28,341,48328.3m $3.1bn $3.1bn 0.09% Added +462.2k +462,216
2 BANK OF AMERICA CORP /DE/ 0.19% of their portfolio CHARLOTTE, NC 14,800,72914.8m $1.6bn $1.6bn 0.19% Added +960.8k +960,754
3 FMR LLC 0.07% of their portfolio BOSTON, MA 14,706,68214.7m $1.6bn $1.6bn 0.07% Added +9.5m +9,480,932
4 MORGAN STANLEY 0.10% of their portfolio NEW YORK, NY 8,275,2798.3m $912.3m $912.3m 0.10% Added +94.9k +94,926
5 UBS Group AG 0.24% of their portfolio ZURICH, V8 4,782,9834.8m $527.3m $527.3m 0.24% Added +739.3k +739,259
6 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.14% of their portfolio SAN FRANCISCO, CA 4,226,2894.2m $465.9m $465.9m 0.14% Reduced -347.4k -347,356
7 WELLS FARGO & COMPANY/MN 0.08% of their portfolio SAN FRANCISCO, CA 2,217,7502.2m $244.5m $244.5m 0.08% Reduced -205.4k -205,398
8 ENVESTNET ASSET MANAGEMENT INC 0.10% of their portfolio Berwyn, PA 1,907,0761.9m $210.3m $210.3m 0.10% Reduced -1.9m -1,864,759
9 LPL Financial LLC 0.15% of their portfolio FORT MILL, SC 1,754,8101.8m $193.5m $193.5m 0.15% Reduced -505.0k -504,954
10 PNC Financial Services Group, Inc. 0.15% of their portfolio Pittsburgh, PA 1,601,3331.6m $176.5m $176.5m 0.15% Reduced -90.2k -90,220
11 CI INVESTMENTS INC. 0.87% of their portfolio TORONTO, Z4 1,569,1501.6m $173.0m $173.0m 0.87% Reduced -27.2k -27,240
12 SUMITOMO LIFE INSURANCE CO 12.15% of their portfolio TOKYO, M0 1,309,4851.3m $144.4m $144.4m 12.15% Added +942.2k +942,207
13 Matson Money. Inc. 5.19% of their portfolio MASON, OH 1,274,2971.3m $140.5m $140.5m 5.19% Added +26.8k +26,810
14 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 1,273,5801.3m $140.4m $140.4m 0.01% Reduced -148.7k -148,717
15 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 1,266,0541.3m $139.7m $139.7m 0.05% Reduced -260.8k -260,845
16 Empower Advisory Group, LLC 0.55% of their portfolio Greenwood Village, CO 1,118,0281.1m $123.3m $123.3m 0.55% First filing
17 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 1,116,0501.1m $123.0m $123.0m 0.04% Added +85.5k +85,457
18 WealthNavi Inc. 2.05% of their portfolio Shinagawa-ku, TOKYO, M0 1,092,1781.1m $120.4m $120.4m 2.05% Added +42.1k +42,083
19 EVOKE WEALTH, LLC 3.12% of their portfolio Los Angeles, CA 1,033,4251.0m $85.4m $85.4m 3.12% Reduced -24.1k -24,119
20 Qube Research & Technologies Ltd 0.62% of their portfolio LONDON, X0 980,124980.1k $108.1m $108.1m 0.62% Added +829.1k +829,108
21 KEYBANK NATIONAL ASSOCIATION/OH 0.50% of their portfolio BROOKLYN, OH 952,778952.8k $105.0m $105.0m 0.50% Reduced -19.3k -19,259
22 Bank Julius Baer & Co. Ltd, Zurich 0.67% of their portfolio ZURICH, V8 951,476951.5k $104.9m $104.9m 0.67% Reduced -70.5k -70,546
23 OSAIC HOLDINGS, INC. 0.19% of their portfolio SCOTTSDALE, AZ 917,523917.5k $101.3m $101.3m 0.19% Reduced -315.0k -314,969
24 Kirkoswald Asset Management LLC 49.86% of their portfolio NEW YORK, NY 908,000908.0k $100.1m $100.1m 49.86% New
25 Summit Wealth Group, LLC 0.02% of their portfolio WHITE RIVER JUNCTION, VT 825,218825.2k $7 $7 0.02% New
26 STIFEL FINANCIAL CORP 0.11% of their portfolio ST. LOUIS, MO 712,917712.9k $78.6m $78.6m 0.11% Reduced -60.3k -60,295
27 COMMONWEALTH EQUITY SERVICES, LLC 0.16% of their portfolio WALTHAM, MA 700,584700.6k $77.2m $77.2m 0.16% Reduced -99.9k -99,894
28 FIL Ltd 0.09% of their portfolio HAMILTON, D0 677,591677.6k $74.7m $74.7m 0.09% Added +504.1k +504,072
29 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 638,528638.5k $70.4m $70.4m 0.02% Reduced -67.4k -67,351
30 MONEY CONCEPTS CAPITAL CORP 0.56% of their portfolio PALM BEACH GARDENS, FL 617,724617.7k $10.1m $10.1m 0.56% Added +561.8k +561,771
31 One River Asset Management, LLC 0.75% of their portfolio STAMFORD, CT 600,000600.0k $1.0m $1.0m 0.75% New
32 Raymond James Financial Services Advisors, Inc. 0.12% of their portfolio ST. PETERSBURG, FL 591,418591.4k $65.2m $65.2m 0.12% Reduced -246.4k -246,424
33 Perella Weinberg Partners Capital Management LP 7.92% of their portfolio NEW YORK, NY 584,655584.7k $64.5m $64.5m 7.92% Added +243.6k +243,639
34 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.09% of their portfolio MILWAUKEE, WI 555,502555.5k $61.2m $61.2m 0.09% Reduced -144.8k -144,779
35 BNP PARIBAS FINANCIAL MARKETS 0.11% of their portfolio PARIS, I0 467,318467.3k $51.5m $51.5m 0.11% Added +316.1k +316,071
36 Campbell Wealth Management 6.31% of their portfolio ALEXANDRIA, VA 456,945456.9k $50.4m $50.4m 6.31% New
37 RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio ST PETERSBURG, FL 432,314432.3k $47.7m $47.7m 0.04% Reduced -121.3k -121,269
38 TD AMERITRADE INVESTMENT MANAGEMENT, LLC 0.48% of their portfolio OMAHA, NE 423,788423.8k $46.7m $46.7m 0.48% Reduced -23.7k -23,744
39 REBALANCE, LLC 4.09% of their portfolio PALO ALTO, CA 375,055375.1k $41.3m $41.3m 4.09% Added +2.1k +2,074
40 NATIONAL BANK OF CANADA /FI/ 0.11% of their portfolio MONTREAL, A8 369,189369.2k $40.7m $40.7m 0.11% Reduced -98.3k -98,339
41 HSBC HOLDINGS PLC 0.05% of their portfolio LONDON, X0 359,815359.8k $39.6m $39.6m 0.05% Added +284.3k +284,332
42 HUNTINGTON NATIONAL BANK 0.37% of their portfolio COLUMBUS, OH 338,037338.0k $37.3m $37.3m 0.37% Reduced -11.2k -11,244
43 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 336,947336.9k $37.1m $37.1m 0.00% Reduced -323.4k -323,439
44 CITIGROUP INC 0.05% of their portfolio NEW YORK, NY 334,752334.8k $36.9m $36.9m 0.05% Added +185.8k +185,803
45 FLPUTNAM INVESTMENT MANAGEMENT CO 1.17% of their portfolio PORTLAND, ME 324,223324.2k $35.7m $35.7m 1.17% Added +9.9k +9,935
46 MML INVESTORS SERVICES, LLC 0.25% of their portfolio SPRINGFIELD, MA 319,842319.8k $35.3m $35.3m 0.25% Reduced -80.3k -80,270
47 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 318,593318.6k $35.1m $35.1m 0.01% Reduced -141.5k -141,476
48 ARKANSAS FINANCIAL GROUP, INC. 6.94% of their portfolio LITTLE ROCK, AR 303,250303.2k $33.4m $33.4m 6.94% Reduced -9.4k -9,409
49 PARTNERS CAPITAL INVESTMENT GROUP, LLP 1.30% of their portfolio BOSTON, MA 274,224274.2k $30.2m $30.2m 1.30% Added +97.4k +97,413
50 Cambridge Investment Research Advisors, Inc. 0.15% of their portfolio FAIRFIELD, IA 269,085269.1k $29.7m $29.7m 0.15% Reduced -64.8k -64,849
51 SG Americas Securities, LLC 0.38% of their portfolio NEW YORK, NY 259,248259.2k $28.6m $28.6m 0.38% Added +39.5k +39,542
52 Mariner, LLC 0.08% of their portfolio Overland Park, KS 251,069251.1k $27.7m $27.7m 0.08% Added +40.8k +40,806
53 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 231,770231.8k $25.6m $25.6m 0.04% Reduced -41.2k -41,211
54 FIFTH THIRD BANCORP 0.12% of their portfolio CINCINNATI, OH 230,282230.3k $25.4m $25.4m 0.12% Added +10.2k +10,214
55 RHUMBLINE ADVISERS 0.03% of their portfolio BOSTON, MA 228,446228.4k $25.2m $25.2m 0.03% Added +57.3k +57,290
56 BLAIR WILLIAM & CO/IL 0.10% of their portfolio CHICAGO, IL 222,007222.0k $24.5m $24.5m 0.10% Reduced -5.7k -5,720
57 BALDWIN WEALTH PARTNERS LLC/MA 2.12% of their portfolio Marion, MA 220,178220.2k $24.3m $24.3m 2.12% Added +7.3k +7,323
58 KWMG, LLC 3.21% of their portfolio OVERLAND PARK, KS 215,849215.8k $23.8m $23.8m 3.21% Added +4.6k +4,621
59 AE Wealth Management LLC 0.15% of their portfolio TOPEKA, KS 212,138212.1k $23.4m $23.4m 0.15% Reduced -144.8k -144,813
60 PRUDENTIAL FINANCIAL INC 0.04% of their portfolio NEWARK, NJ 212,106212.1k $23.4m $23.4m 0.04% Reduced -25.2k -25,195
61 Bridge Advisory, LLC 8.89% of their portfolio PASADENA, CA 208,771208.8k $23.0m $23.0m 8.89% Reduced -94.0k -94,044
62 Creative Planning 0.03% of their portfolio OVERLAND PARK, KS 207,204207.2k $22.8m $22.8m 0.03% Reduced -20.8k -20,758
63 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 205,733205.7k $22.7m $22.7m 0.05% Reduced -3.7k -3,706
64 Lutz Financial Services LLC 2.44% of their portfolio OMAHA, NE 193,639193.6k $21.3m $21.3m 2.44% Added +4.8k +4,846
65 Money Design Co.,Ltd. 1.24% of their portfolio TOKYO, M0 190,767190.8k $21.0m $21.0m 1.24% Reduced -164.4k -164,429
66 Baird Financial Group, Inc. 0.05% of their portfolio MILWAUKEE, WI 183,935183.9k $20.3m $20.3m 0.05% Added +13.5k +13,532
67 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 183,576183.6k $20.2m $20.2m 0.01% Reduced -715.0k -714,979
68 Cetera Advisor Networks LLC 0.15% of their portfolio EL SEGUNDO, CA 181,879181.9k $20.1m $20.1m 0.15% Reduced -25.7k -25,725
69 Pure Financial Advisors, LLC 0.92% of their portfolio SAN DIEGO, CA 180,076180.1k $19.9m $19.9m 0.92% Added +893 +893
70 GREAT VALLEY ADVISOR GROUP, INC. 0.93% of their portfolio WILMINGTON, DE 180,053180.1k $19.9m $19.9m 0.93% Added +122.2k +122,176
71 Axiom Financial Strategies, LLC 10.98% of their portfolio NEW ALBANY, IN 179,162179.2k $19.8m $19.8m 10.98% Reduced -9.9k -9,878
72 TD Waterhouse Canada Inc. 0.25% of their portfolio TORONTO, A6 176,435176.4k $24.2m $24.2m 0.25% Added +6.7k +6,705
73 Stewardship Advisors, LLC 7.36% of their portfolio MOUNT JOY, PA 173,740173.7k $19.2m $19.2m 7.36% Added +119.9k +119,894
74 GenTrust, LLC 1.36% of their portfolio MIAMI, FL 171,860171.9k $18.9m $18.9m 1.36% Reduced -3.1k -3,080
75 Janney Montgomery Scott LLC 0.08% of their portfolio PHILADELPHIA, PA 170,825170.8k $18.8m $18.8m 0.08% Reduced -66.2k -66,194
76 Transamerica Financial Advisors, LLC 2.48% of their portfolio CEDAR RAPIDS, IA 169,951170.0k $18.7m $18.7m 2.48% Added +67.5k +67,522
77 Passaic Partners LLC 3.65% of their portfolio NEWARK, NJ 163,718163.7k $18.0m $18.0m 3.65% Reduced -4.2k -4,226
78 Cerity Partners LLC 0.05% of their portfolio NEW YORK, NY 163,523163.5k $18.1m $18.1m 0.05% Added +65.2k +65,214
79 Insight Wealth Strategies, LLC 3.48% of their portfolio SAN RAMON, CA 160,800160.8k $17.7m $17.7m 3.48% Reduced -8.2k -8,226
80 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 156,086156.1k $17.2m $17.2m 0.04% Added +16.5k +16,477
81 Cyndeo Wealth Partners, LLC 1.84% of their portfolio ST. PETERSBURG, FL 155,085155.1k $17.1m $17.1m 1.84% Added +83.7k +83,697
82 M&T Bank Corp 0.07% of their portfolio BUFFALO, NY 152,955153.0k $16.9m $16.9m 0.07% Reduced -156.4k -156,385
83 Kiwi Wealth Investments Limited Partnership 1.05% of their portfolio WELLINGTON, Q2 146,589146.6k $16.2m $16.2m 1.05% New
84 FULTON BREAKEFIELD BROENNIMAN LLC 1.36% of their portfolio Bethesda, MD 143,438143.4k $15.8m $15.8m 1.36% Reduced -3.2k -3,201
85 INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 2.57% of their portfolio Fort Collins, CO 140,621140.6k $15.5m $15.5m 2.57% Added +133.4k +133,407
86 Private Advisor Group, LLC 0.15% of their portfolio MORRISTOWN, NJ 140,384140.4k $15.5m $15.5m 0.15% Reduced -12.8k -12,775
87 Divergent Wealth Advisors 3.54% of their portfolio SOUTH JORDAN, UT 137,755137.8k $15.2m $15.2m 3.54% Added +2.5k +2,491
88 PEAPACK GLADSTONE FINANCIAL CORP 0.28% of their portfolio BEDMINSTER, NJ 133,413133.4k $14.6m $14.6m 0.28% Added +16.9k +16,906
89 Rock Creek Group LLC 1.91% of their portfolio Washington, DC 133,357133.4k $14.8m $14.8m 1.91% Reduced -24.3k -24,298
90 CAPTRUST FINANCIAL ADVISORS 0.06% of their portfolio RALEIGH, NC 133,053133.1k $14.7m $14.7m 0.06% Reduced -54.9k -54,859
91 Kestra Advisory Services, LLC 0.16% of their portfolio AUSTIN, TX 132,779132.8k $14.6m $14.6m 0.16% Reduced -42.4k -42,410
92 CIM, LLC 2.80% of their portfolio ALBANY, NY 128,220128.2k $14.1m $14.1m 2.80% Added +2.7k +2,706
93 Legacy Financial Group LLC 3.81% of their portfolio DES MOINES, IA 126,243126.2k $13.9m $13.9m 3.81% Reduced -8.9k -8,917
94 Cetera Investment Advisers 0.12% of their portfolio SCHAUMBURG, IL 124,784124.8k $13.8m $13.8m 0.12% Reduced -123.7k -123,683
95 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 124,375124.4k $13.7m $13.7m 0.02% Reduced -21.0k -20,998
96 Atria Wealth Solutions, Inc. 0.20% of their portfolio NEW YORK, NY 122,997123.0k $13.6m $13.6m 0.20% Reduced -48.5k -48,468
97 AVANTAX ADVISORY SERVICES, INC. 0.16% of their portfolio DALLAS, TX 119,428119.4k $13.2m $13.2m 0.16% Reduced -45.3k -45,287
98 D.A. DAVIDSON & CO. 0.14% of their portfolio GREAT FALLS, MT 116,563116.6k $12.9m $12.9m 0.14% Added +4.1k +4,096
99 Summit Global Investments 0.99% of their portfolio BOUNTIFUL, UT 115,929115.9k $12.8m $12.8m 0.99% Added +50.3k +50,317
100 NOMURA ASSET MANAGEMENT CO LTD 0.07% of their portfolio TOKYO, M0 115,600115.6k $12.7m $12.7m 0.07% Added +11.0k +11,000