Vault-13

ISHARES TR TIP

TIPS BD ETF · ETP · CUSIP 464287176 · ISIN US4642871762

1,080 institutional holders -39 vs Q1 2023
120,690,547120.7m shares reported held*
$13.0bnreported value*
44 new 282 added 560 reduced 88 sold out net sold ≈ $1.4bn (-15.1m 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 ($25.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $108.07. Options: 12 managers hold calls ($2.8bn notional), 7 hold puts ($120.7m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,226Q4 22: 1,224Q1 23: 1,119Q2 23: 1,0801,080Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 20221,226
Q4 20221,224
Q1 20231,119
Q2 20231,080

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 23Q2 23: 326 bought or addedQ2 23: 648 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022332807
Q1 2023303752
Q2 2023326648

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 0.01Q2 23 calls: $2.8bnQ2 23 puts: $120.7mQ2 23P/C 0.04
Numbers
QuarterCallsPutsP/C
Q3 2022$205.4m$26.0m0.13
Q4 2022$172.6m$31.6m0.18
Q1 2023$2.1bn$12.5m0.01
Q2 2023$2.8bn$120.7m0.04

Biggest buyers

JPMORGAN CHASE & CO Added +4,404,774+4.4m
BlackRock Inc. Added +1,510,242+1.5m
ING GROEP NV Added +580,325+580.3k
PARTNERS CAPITAL INVESTMENT GROUP, LLP Added +483,276+483.3k
GOLDMAN SACHS GROUP INC Added +317,659+317.7k
Dakota Wealth Management Added +287,366+287.4k
Full Sail Capital, LLC New +265,506+265.5k
Prime Capital Investment Advisors, LLC Added +216,400+216.4k
Kiwi Wealth Investments Limited Partnership Added +133,211+133.2k
CreativeOne Wealth, LLC Added +131,037+131.0k

Biggest sellers

FMR LLC Reduced -7,361,371-7.4m
UBS Group AG Reduced -2,350,117-2.4m
MORGAN STANLEY Reduced -1,356,940-1.4m
SUMITOMO LIFE INSURANCE CO Sold out -1,309,485-1.3m
STATE STREET CORP Reduced -1,268,951-1.3m
BANK OF AMERICA CORP /DE/ Reduced -954,249-954.2k
Qube Research & Technologies Ltd Reduced -922,757-922.8k
Kirkoswald Asset Management LLC Sold out -908,000-908.0k
Summit Wealth Group, LLC Reduced -815,792-815.8k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -658,451-658.5k

Biggest calls

UBS Group AG Added $1.1bn9.9m shares
CITIGROUP INC Added $484.3m4.5m shares
BANK OF AMERICA CORP /DE/ Added $407.8m3.8m shares
CITADEL ADVISORS LLC Added $323.6m3.0m shares
MOORE CAPITAL MANAGEMENT, LP Added $274.4m2.5m shares
GOLDMAN SACHS GROUP INC Unchanged $80.2m745.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $58.7m545.6k shares
ROYAL BANK OF CANADA New $34.2m317.5k shares
WOLVERINE TRADING, LLC Reduced $20.5m191.4k shares
Point72 Asset Management, L.P. New $6.3m58.6k shares

Biggest puts

BANK OF AMERICA CORP /DE/ New $26.9m250.0k shares
Point72 Hong Kong Ltd New $26.9m250.0k shares
UBS Group AG New $26.9m250.0k shares
CITADEL ADVISORS LLC Added $21.8m202.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $14.9m138.3k shares
WOLVERINE TRADING, LLC Added $3.4m31.3k shares
Cutler Group LLC / CA Added $9.0k3.4k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.09% of their portfolio New York, NY 29,851,72529.9m $3.2bn $3.2bn 0.09% Added +1.5m +1,510,242
2 BANK OF AMERICA CORP /DE/ 0.18% of their portfolio CHARLOTTE, NC 13,846,48013.8m $1.5bn $1.5bn 0.18% Reduced -954.2k -954,249
3 FMR LLC 0.07% of their portfolio BOSTON, MA 7,345,3117.3m $790.5m $790.5m 0.07% Reduced -7.4m -7,361,371
4 MORGAN STANLEY 0.07% of their portfolio NEW YORK, NY 6,918,3396.9m $744.6m $744.6m 0.07% Reduced -1.4m -1,356,940
5 JPMORGAN CHASE & CO 0.06% of their portfolio NEW YORK, NY 4,741,7214.7m $510.3m $510.3m 0.06% Added +4.4m +4,404,774
6 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.11% of their portfolio SAN FRANCISCO, CA 3,567,8383.6m $383.9m $383.9m 0.11% Reduced -658.5k -658,451
7 UBS Group AG 0.11% of their portfolio ZURICH, V8 2,432,8662.4m $261.8m $261.8m 0.11% Reduced -2.4m -2,350,117
8 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 2,026,8922.0m $218.1m $218.1m 0.06% Reduced -190.9k -190,858
9 ENVESTNET ASSET MANAGEMENT INC 0.09% of their portfolio Berwyn, PA 1,803,6311.8m $194.1m $194.1m 0.09% Reduced -103.4k -103,445
10 LPL Financial LLC 0.12% of their portfolio FORT MILL, SC 1,565,1471.6m $168.4m $168.4m 0.12% Reduced -189.7k -189,663
11 CI INVESTMENTS INC. 0.83% of their portfolio TORONTO, Z4 1,533,7501.5m $165.1m $165.1m 0.83% Reduced -35.4k -35,400
12 PNC Financial Services Group, Inc. 0.14% of their portfolio Pittsburgh, PA 1,504,9791.5m $162.0m $162.0m 0.14% Reduced -96.4k -96,354
13 Matson Money. Inc. 4.88% of their portfolio MASON, OH 1,269,1711.3m $136.6m $136.6m 4.88% Reduced -5.1k -5,126
14 WealthNavi Inc. 2.03% of their portfolio Shinagawa-ku, TOKYO, M0 1,159,9131.2m $124.8m $124.8m 2.03% Added +67.7k +67,735
15 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 1,143,1661.1m $122.7m $122.7m 0.04% Reduced -122.9k -122,888
16 Empower Advisory Group, LLC 0.50% of their portfolio Greenwood Village, CO 1,072,0581.1m $115.4m $115.4m 0.50% Reduced -46.0k -45,970
17 Bank Julius Baer & Co. Ltd, Zurich 0.62% of their portfolio ZURICH, V8 970,159970.2k $104.4m $104.4m 0.62% Added +18.7k +18,683
18 KEYBANK NATIONAL ASSOCIATION/OH 0.44% of their portfolio BROOKLYN, OH 896,998897.0k $96.5m $96.5m 0.44% Reduced -55.8k -55,780
19 OSAIC HOLDINGS, INC. 0.16% of their portfolio SCOTTSDALE, AZ 840,718840.7k $90.5m $90.5m 0.16% Reduced -76.8k -76,805
20 PARTNERS CAPITAL INVESTMENT GROUP, LLP 1.74% of their portfolio BOSTON, MA 757,500757.5k $81.5m $81.5m 1.74% Added +483.3k +483,276
21 EVOKE WEALTH, LLC 2.81% of their portfolio Los Angeles, CA 751,762751.8k $80.9m $80.9m 2.81% Reduced -281.7k -281,663
22 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 730,621730.6k $78.6m $78.6m 0.02% Reduced -385.4k -385,429
23 FIL Ltd 0.08% of their portfolio HAMILTON, D0 677,369677.4k $72.9m $72.9m 0.08% Reduced -222 -222
24 STIFEL FINANCIAL CORP 0.10% of their portfolio ST. LOUIS, MO 672,981673.0k $72.4m $72.4m 0.10% Reduced -39.9k -39,936
25 ING GROEP NV 0.53% of their portfolio AMSTERDAM, P7 652,100652.1k $70.2m $70.2m 0.53% Added +580.3k +580,325
26 COMMONWEALTH EQUITY SERVICES, LLC 0.14% of their portfolio WALTHAM, MA 637,312637.3k $68.6m $68.6m 0.14% Reduced -63.3k -63,272
27 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 611,075611.1k $65.8m $65.8m 0.01% Reduced -27.5k -27,453
28 Perella Weinberg Partners Capital Management LP 6.57% of their portfolio NEW YORK, NY 584,655584.7k $62.9m $62.9m 6.57% Unchanged
29 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.07% of their portfolio MILWAUKEE, WI 525,173525.2k $56.5m $56.5m 0.07% Reduced -30.3k -30,329
30 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 501,235501.2k $53.9m $53.9m 0.01% Added +317.7k +317,659
31 Campbell Wealth Management 4.81% of their portfolio ALEXANDRIA, VA 496,721496.7k $53.5m $53.5m 4.81% Added +39.8k +39,776
32 Raymond James Financial Services Advisors, Inc. 0.09% of their portfolio ST. PETERSBURG, FL 495,266495.3k $53.3m $53.3m 0.09% Reduced -96.2k -96,152
33 TD AMERITRADE INVESTMENT MANAGEMENT, LLC 0.46% of their portfolio OMAHA, NE 405,166405.2k $43.6m $43.6m 0.46% Reduced -18.6k -18,622
34 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 376,745376.7k $40.5m $40.5m 0.03% Reduced -55.6k -55,569
35 HUNTINGTON NATIONAL BANK 0.33% of their portfolio COLUMBUS, OH 325,877325.9k $35.1m $35.1m 0.33% Reduced -12.2k -12,160
36 FLPUTNAM INVESTMENT MANAGEMENT CO 0.95% of their portfolio PORTLAND, ME 325,394325.4k $35.0m $35.0m 0.95% Added +1.2k +1,171
37 MML INVESTORS SERVICES, LLC 0.18% of their portfolio SPRINGFIELD, MA 304,685304.7k $32.8m $32.8m 0.18% Reduced -15.2k -15,157
38 Dakota Wealth Management 1.50% of their portfolio PALM BEACH GARDENS, FL 295,247295.2k $31.8m $31.8m 1.50% Added +287.4k +287,366
39 ARKANSAS FINANCIAL GROUP, INC. 6.34% of their portfolio LITTLE ROCK, AR 294,495294.5k $31.7m $31.7m 6.34% Reduced -8.8k -8,755
40 Kiwi Wealth Investments Limited Partnership 1.86% of their portfolio WELLINGTON, Q2 279,800279.8k $30.1m $30.1m 1.86% Added +133.2k +133,211
41 Cambridge Investment Research Advisors, Inc. 0.14% of their portfolio FAIRFIELD, IA 278,729278.7k $30.0m $30.0m 0.14% Added +9.6k +9,644
42 REBALANCE, LLC 2.78% of their portfolio PALO ALTO, CA 272,309272.3k $29.3m $29.3m 2.78% Reduced -102.7k -102,746
43 Full Sail Capital, LLC 2.44% of their portfolio OKLAHOMA CITY, OK 265,506265.5k $28.6m $28.6m 2.44% New
44 BALDWIN WEALTH PARTNERS LLC/MA 2.33% of their portfolio Marion, MA 264,158264.2k $28.4m $28.4m 2.33% Added +44.0k +43,980
45 Rockefeller Capital Management L.P. 0.11% of their portfolio NEW YORK, NY 253,640253.6k $27.3m $27.3m 0.11% First filing
46 FIFTH THIRD BANCORP 0.12% of their portfolio CINCINNATI, OH 249,822249.8k $26.9m $26.9m 0.12% Added +19.5k +19,540
47 NATIONAL BANK OF CANADA /FI/ 0.05% of their portfolio MONTREAL, A8 248,564248.6k $26.7m $26.7m 0.05% Reduced -120.6k -120,625
48 AE Wealth Management LLC 0.16% of their portfolio TOPEKA, KS 242,725242.7k $26.1m $26.1m 0.16% Added +30.6k +30,587
49 Mariner, LLC 0.07% of their portfolio Overland Park, KS 235,632235.6k $25.4m $25.4m 0.07% Reduced -15.4k -15,437
50 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 232,282232.3k $25.0m $25.0m 0.04% Added +512 +512
51 KWMG, LLC 3.07% of their portfolio OVERLAND PARK, KS 230,534230.5k $24.8m $24.8m 3.07% Added +14.7k +14,685
52 SG Americas Securities, LLC 0.21% of their portfolio NEW YORK, NY 226,775226.8k $24.4m $24.4m 0.21% Reduced -32.5k -32,473
53 Prime Capital Investment Advisors, LLC 0.47% of their portfolio OVERLAND PARK, KS 223,429223.4k $24.0m $24.0m 0.47% Added +216.4k +216,400
54 HSBC HOLDINGS PLC 0.03% of their portfolio LONDON, X0 221,178221.2k $23.8m $23.8m 0.03% Reduced -138.6k -138,637
55 PRUDENTIAL FINANCIAL INC 0.03% of their portfolio NEWARK, NJ 217,754217.8k $23.4m $23.4m 0.03% Added +5.6k +5,648
56 Money Design Co.,Ltd. 1.36% of their portfolio TOKYO, M0 214,137214.1k $23.0m $23.0m 1.36% Added +23.4k +23,370
57 Bridge Advisory, LLC 8.36% of their portfolio PASADENA, CA 211,656211.7k $22.8m $22.8m 8.36% Added +2.9k +2,885
58 BLAIR WILLIAM & CO/IL 0.08% of their portfolio CHICAGO, IL 210,138210.1k $22.6m $22.6m 0.08% Reduced -11.9k -11,869
59 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 202,306202.3k $21.8m $21.8m 0.04% Reduced -3.4k -3,427
60 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 202,280202.3k $21.8m $21.8m 0.02% Reduced -26.2k -26,166
61 Stewardship Advisors, LLC 8.04% of their portfolio MOUNT JOY, PA 198,601198.6k $21.4m $21.4m 8.04% Added +24.9k +24,861
62 GREAT VALLEY ADVISOR GROUP, INC. 0.90% of their portfolio WILMINGTON, DE 198,558198.6k $21.4m $21.4m 0.90% Added +18.5k +18,505
63 Creative Planning 0.03% of their portfolio OVERLAND PARK, KS 195,669195.7k $21.1m $21.1m 0.03% Reduced -11.5k -11,535
64 Lutz Financial Services LLC 2.21% of their portfolio OMAHA, NE 191,016191.0k $20.6m $20.6m 2.21% Reduced -2.6k -2,623
65 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 185,668185.7k $20.0m $20.0m 0.02% Added +109.7k +109,714
66 Baird Financial Group, Inc. 0.05% of their portfolio MILWAUKEE, WI 183,369183.4k $19.7m $19.7m 0.05% Reduced -566 -566
67 Pure Financial Advisors, LLC 0.82% of their portfolio SAN DIEGO, CA 180,138180.1k $19.4m $19.4m 0.82% Added +62 +62
68 VIEWPOINT INVESTMENT PARTNERS CORP 12.14% of their portfolio CALGARY, A0 179,300179.3k $19.3m $19.3m 12.14% Added +67.2k +67,200
69 Cetera Advisor Networks LLC 0.13% of their portfolio EL SEGUNDO, CA 178,532178.5k $19.2m $19.2m 0.13% Reduced -3.3k -3,347
70 Janney Montgomery Scott LLC 0.07% of their portfolio PHILADELPHIA, PA 175,212175.2k $18.9m $18.9m 0.07% Added +4.4k +4,387
71 GenTrust, LLC 1.28% of their portfolio MIAMI, FL 175,179175.2k $18.9m $18.9m 1.28% Added +3.3k +3,319
72 TD Waterhouse Canada Inc. 0.23% of their portfolio TORONTO, A6 174,861174.9k $23.1m $23.1m 0.23% Reduced -1.6k -1,574
73 Axiom Financial Strategies, LLC 10.76% of their portfolio NEW ALBANY, IN 174,334174.3k $18.8m $18.8m 10.76% Reduced -4.8k -4,828
74 Cerity Partners LLC 0.07% of their portfolio NEW YORK, NY 169,252169.3k $18.2m $18.2m 0.07% Added +5.7k +5,729
75 Insight Wealth Strategies, LLC 3.29% of their portfolio SAN RAMON, CA 159,912159.9k $17.2m $17.2m 3.29% Reduced -888 -888
76 Cyndeo Wealth Partners, LLC 1.76% of their portfolio ST. PETERSBURG, FL 156,578156.6k $16.9m $16.9m 1.76% Added +1.5k +1,493
77 CreativeOne Wealth, LLC 0.43% of their portfolio OVERLAND PARK, KS 153,974154.0k $17.4m $17.4m 0.43% Added +131.0k +131,037
78 INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 2.57% of their portfolio Fort Collins, CO 146,268146.3k $15.7m $15.7m 2.57% Added +5.6k +5,647
79 FULTON BREAKEFIELD BROENNIMAN LLC 1.26% of their portfolio Bethesda, MD 141,199141.2k $15.2m $15.2m 1.26% Reduced -2.2k -2,239
80 CAPTRUST FINANCIAL ADVISORS 0.06% of their portfolio RALEIGH, NC 137,964138.0k $14.8m $14.8m 0.06% Added +4.9k +4,911
81 Rock Creek Group LLC 2.05% of their portfolio Washington, DC 131,700131.7k $14.2m $14.2m 2.05% Reduced -1.7k -1,657
82 ASSETMARK, INC 0.06% of their portfolio CONCORD, CA 131,643131.6k $14.2m $14.2m 0.06% Added +83.1k +83,099
83 CIM, LLC 2.57% of their portfolio ALBANY, NY 127,738127.7k $13.7m $13.7m 2.57% Reduced -482 -482
84 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 124,132124.1k $13.4m $13.4m 0.03% Reduced -343.2k -343,186
85 M&T Bank Corp 0.05% of their portfolio BUFFALO, NY 121,027121.0k $13.0m $13.0m 0.05% Reduced -31.9k -31,928
86 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 119,400119.4k $12.9m $12.9m 0.00% Reduced -199.2k -199,193
87 Private Advisor Group, LLC 0.11% of their portfolio MORRISTOWN, NJ 119,193119.2k $12.8m $12.8m 0.11% Reduced -21.2k -21,191
88 AdvisorNet Financial, Inc 1.09% of their portfolio MINNETONKA, MN 118,762118.8k $12.8m $12.8m 1.09% Added +4.2k +4,229
89 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 117,712117.7k $12.7m $12.7m 0.02% Reduced -217.0k -217,040
90 Brevan Howard Capital Management LP 2.33% of their portfolio ST. HELIER, Y9 117,600117.6k $12.7m $12.7m 2.33% New
91 LWMG, LLC 3.54% of their portfolio LAKE ELMO, MN 117,496117.5k $12.6m $12.6m 3.54% Added +2.1k +2,106
92 Kestra Advisory Services, LLC 0.12% of their portfolio AUSTIN, TX 115,301115.3k $12.4m $12.4m 0.12% Reduced -17.5k -17,478
93 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 112,834112.8k $12.1m $12.1m 0.02% Reduced -11.5k -11,541
94 Atria Wealth Solutions, Inc. 0.17% of their portfolio NEW YORK, NY 112,454112.5k $12.1m $12.1m 0.17% Reduced -10.5k -10,543
95 Allworth Financial LP 0.10% of their portfolio FOLSOM, CA 112,035112.0k $12.1m $12.1m 0.10% Added +85.0k +85,013
96 Spire Wealth Management 0.44% of their portfolio MCLEAN, VA 111,454111.5k $12.0m $12.0m 0.44% Added +6.5k +6,473
97 RTD Financial Advisors, Inc. 1.74% of their portfolio Philadelphia, PA 111,432111.4k $12.0m $12.0m 1.74% Added +5.1k +5,149
98 Cetera Investment Advisers 0.10% of their portfolio SCHAUMBURG, IL 110,982111.0k $11.9m $11.9m 0.10% Reduced -13.8k -13,802
99 D.A. DAVIDSON & CO. 0.13% of their portfolio GREAT FALLS, MT 110,795110.8k $11.9m $11.9m 0.13% Reduced -5.8k -5,768
100 Legacy Financial Group LLC 3.07% of their portfolio DES MOINES, IA 110,618110.6k $11.9m $11.9m 3.07% Reduced -15.6k -15,625