Vault-13

ISHARES TR TIP

TIPS BD ETF · ETP · CUSIP 464287176 · ISIN US4642871762

1,049 institutional holders -58 vs Q4 2023
131,926,319131.9m shares reported held*
$14.0bnreported value*
65 new 268 added 539 reduced 119 sold out net bought ≈ $968.5m (+9.1m 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 ($12.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $106.02. Options: 5 managers hold calls ($46.6m notional), 3 hold puts ($17.9m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,226Q4 22: 1,224Q1 23: 1,119Q2 23: 1,080Q3 23: 1,109Q4 23: 1,107Q1 24: 1,0491,049Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 20221,226
Q4 20221,224
Q1 20231,119
Q2 20231,080
Q3 20231,109
Q4 20231,107
Q1 20241,049

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 23Q3 23: 447 bought or addedQ3 23: 589 cut or sold outQ3 23Q4 23: 312 bought or addedQ4 23: 748 cut or sold outQ4 23Q1 24: 333 bought or addedQ1 24: 658 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022332807
Q1 2023303752
Q2 2023326648
Q3 2023447589
Q4 2023312748
Q1 2024333658

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bnQ2 23 calls: $2.8bnQ2 23 puts: $120.7mQ2 23P/C 0.04Q3 23 calls: $365.7mQ3 23 puts: $14.9mQ3 23P/C 0.04Q4 23 calls: $347.1mQ4 23 puts: $33.9mQ4 23P/C 0.10Q1 24 calls: $46.6mQ1 24 puts: $17.9mQ1 24P/C 0.39
Numbers
QuarterCallsPutsP/C
Q2 2023$2.8bn$120.7m0.04
Q3 2023$365.7m$14.9m0.04
Q4 2023$347.1m$33.9m0.10
Q1 2024$46.6m$17.9m0.39

Biggest buyers

MORGAN STANLEY Added +3,957,237+4.0m
BlackRock Inc. Added +1,985,414+2.0m
Mitsubishi UFJ Trust & Banking Corp New +1,880,000+1.9m
EVOKE WEALTH, LLC New +1,217,757+1.2m
HSBC HOLDINGS PLC Added +1,104,158+1.1m
SCHRODER INVESTMENT MANAGEMENT GROUP New +910,568+910.6k
GOLDMAN SACHS GROUP INC Added +657,329+657.3k
SUMITOMO LIFE INSURANCE CO Added +648,150+648.1k
SG Americas Securities, LLC Added +356,204+356.2k
MARSHALL WACE, LLP Added +342,773+342.8k

Biggest sellers

JPMORGAN CHASE & CO Reduced -666,096-666.1k
Campbell Wealth Management Reduced -504,019-504.0k
PARTNERS CAPITAL INVESTMENT GROUP, LLP Reduced -452,007-452.0k
OSAIC HOLDINGS, INC. Reduced -393,684-393.7k
Pictet Asset Management Holding SA Sold out -363,400-363.4k
Cetera Advisor Networks LLC Sold out -220,707-220.7k
LPL Financial LLC Reduced -195,374-195.4k
ASSETMARK, INC Reduced -191,823-191.8k
AMERIPRISE FINANCIAL INC Reduced -184,590-184.6k
Empower Advisory Group, LLC Reduced -161,370-161.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $31.8m296.1k shares
WOLVERINE TRADING, LLC Reduced $11.2m104.2k shares
GTS SECURITIES LLC Reduced $2.3m21.2k shares
CITADEL ADVISORS LLC Added $1.3m11.9k shares
Cutler Group LLC / CA Reduced $14.0k1.9k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $14.0m130.5k shares
GTS SECURITIES LLC Reduced $2.1m20.0k shares
WOLVERINE TRADING, LLC Reduced $1.8m16.6k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.09% of their portfolio New York, NY 34,550,74334.6m $3.7bn $3.7bn 0.09% Added +2.0m +1,985,414
2 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 13,970,79314.0m $1.5bn $1.5bn 0.04% Added +4.0m +3,957,237
3 BANK OF AMERICA CORP /DE/ 0.13% of their portfolio CHARLOTTE, NC 11,951,96012.0m $1.3bn $1.3bn 0.13% Reduced -111.9k -111,862
4 JPMORGAN CHASE & CO 0.04% of their portfolio NEW YORK, NY 7,414,7907.4m $796.4m $796.4m 0.04% Reduced -666.1k -666,096
5 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.09% of their portfolio SAN FRANCISCO, CA 3,510,4533.5m $377.1m $377.1m 0.09% Reduced -99.5k -99,544
6 FMR LLC 0.02% of their portfolio BOSTON, MA 3,380,0323.4m $363.0m $363.0m 0.02% Reduced -6.3k -6,258
7 ENVESTNET ASSET MANAGEMENT INC 0.13% of their portfolio Berwyn, PA 3,228,8003.2m $346.8m $346.8m 0.13% Added +139.1k +139,145
8 Rock Creek Group LLC 7.73% of their portfolio Washington, DC 2,770,6032.8m $61.4m $61.4m 7.73% Added +14.2k +14,242
9 Mitsubishi UFJ Trust & Banking Corp 0.46% of their portfolio TOKYO, M0 1,880,0001.9m $201.9m $201.9m 0.46% New
10 UBS Group AG 0.06% of their portfolio ZURICH, V8 1,800,9221.8m $193.4m $193.4m 0.06% Reduced -63.7k -63,726
11 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 1,460,3731.5m $156.9m $156.9m 0.08% Reduced -195.4k -195,374
12 Matson Money. Inc. 4.66% of their portfolio MASON, OH 1,307,5011.3m $140.4m $140.4m 4.66% Reduced -241 -241
13 SUMITOMO LIFE INSURANCE CO 3.57% of their portfolio TOKYO, M0 1,280,6531.3m $137.6m $137.6m 3.57% Added +648.1k +648,150
14 EVOKE WEALTH, LLC 3.89% of their portfolio Los Angeles, CA 1,217,7571.2m $130.8m $130.8m 3.89% New
15 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 1,156,3691.2m $124.2m $124.2m 0.03% Reduced -141.8k -141,807
16 HSBC HOLDINGS PLC 0.09% of their portfolio LONDON, X0 1,141,2101.1m $122.6m $122.6m 0.09% Added +1.1m +1,104,158
17 FIL Ltd 0.12% of their portfolio HAMILTON, D0 1,082,3931.1m $116.3m $116.3m 0.12% Reduced -27.8k -27,800
18 WealthNavi Inc. 1.44% of their portfolio Shinagawa-ku, TOKYO, M0 1,007,0551.0m $108.2m $108.2m 1.44% Reduced -121.4k -121,358
19 Bank Julius Baer & Co. Ltd, Zurich 0.41% of their portfolio ZURICH, V8 997,797997.8k $107.2m $107.2m 0.41% Reduced -11.8k -11,818
20 CI INVESTMENTS INC. 0.42% of their portfolio TORONTO, Z4 980,350980.4k $105.3m $105.3m 0.42% Reduced -4.0k -4,050
21 PNC Financial Services Group, Inc. 0.07% of their portfolio Pittsburgh, PA 920,779920.8k $98.9m $98.9m 0.07% Reduced -108.5k -108,539
22 SCHRODER INVESTMENT MANAGEMENT GROUP 0.12% of their portfolio London, X0 910,568910.6k $97.8m $97.8m 0.12% New
23 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 838,736838.7k $90.1m $90.1m 0.02% Added +657.3k +657,329
24 Qube Research & Technologies Ltd 0.15% of their portfolio LONDON, X0 787,632787.6k $84.6m $84.6m 0.15% Added +104.0k +104,045
25 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 747,067747.1k $80.2m $80.2m 0.02% Reduced -184.6k -184,590
26 KEYBANK NATIONAL ASSOCIATION/OH 0.30% of their portfolio BROOKLYN, OH 685,923685.9k $73.7m $73.7m 0.30% Reduced -45.3k -45,266
27 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 617,306617.3k $66.3m $66.3m 0.02% Reduced -18.8k -18,803
28 3EDGE Asset Management, LP 4.71% of their portfolio Naples, FL 562,264562.3k $60.4m $60.4m 4.71% Reduced -23.9k -23,887
29 CWM, LLC 0.29% of their portfolio OMAHA, NE 550,355550.4k $59.1m $59.1m 0.29% Reduced -833 -833
30 MARSHALL WACE, LLP 0.10% of their portfolio LONDON, X0 544,731544.7k $58.5m $58.5m 0.10% Added +342.8k +342,773
31 PARTNERS CAPITAL INVESTMENT GROUP, LLP 1.52% of their portfolio BOSTON, MA 522,788522.8k $56.2m $56.2m 1.52% Reduced -452.0k -452,007
32 VIEWPOINT INVESTMENT PARTNERS CORP 38.13% of their portfolio CALGARY, A0 464,000464.0k $49.8m $49.8m 38.13% Added +111.2k +111,200
33 COMMONWEALTH EQUITY SERVICES, LLC 0.08% of their portfolio WALTHAM, MA 455,508455.5k $48.9m $48.9m 0.08% Added +6.0k +5,959
34 STIFEL FINANCIAL CORP 0.06% of their portfolio ST. LOUIS, MO 454,294454.3k $48.8m $48.8m 0.06% Reduced -8.1k -8,053
35 Man Group plc 0.13% of their portfolio LONDON, X0 435,095435.1k $46.7m $46.7m 0.13% Added +130.5k +130,454
36 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 425,784425.8k $45.7m $45.7m 0.05% Added +3.8k +3,817
37 Cetera Investment Advisers 0.11% of their portfolio SCHAUMBURG, IL 422,694422.7k $45.4m $45.4m 0.11% Added +278.2k +278,153
38 OSAIC HOLDINGS, INC. 0.10% of their portfolio SCOTTSDALE, AZ 409,567409.6k $44.0m $44.0m 0.10% Reduced -393.7k -393,684
39 Schonfeld Strategic Advisors LLC 0.33% of their portfolio NEW YORK, NY 390,261390.3k $41.9m $41.9m 0.33% Added +330.4k +330,402
40 Money Design Co.,Ltd. 2.18% of their portfolio TOKYO, M0 373,514373.5k $40.1m $40.1m 2.18% Added +89.2k +89,244
41 SG Americas Securities, LLC 0.20% of their portfolio NEW YORK, NY 358,727358.7k $38.5m $38.5m 0.20% Added +356.2k +356,204
42 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 356,379356.4k $38.3m $38.3m 0.01% Added +1.4k +1,395
43 BALDWIN WEALTH PARTNERS LLC/MA 2.69% of their portfolio Marion, MA 332,371332.4k $35.7m $35.7m 2.69% Added +11.9k +11,939
44 Federation des caisses Desjardins du Quebec 0.26% of their portfolio LEVIS, A8 332,122332.1k $35.7m $35.7m 0.26% Added +327.9k +327,908
45 MML INVESTORS SERVICES, LLC 0.13% of their portfolio SPRINGFIELD, MA 301,571301.6k $32.4m $32.4m 0.13% Reduced -24.6k -24,628
46 Rockefeller Capital Management L.P. 0.09% of their portfolio NEW YORK, NY 291,085291.1k $31.3m $31.3m 0.09% Added +882 +882
47 Envestnet Portfolio Solutions, Inc. 0.12% of their portfolio BERWYN, PA 289,807289.8k $31.1m $31.1m 0.12% Added +13.7k +13,681
48 Dakota Wealth Management 0.76% of their portfolio PALM BEACH GARDENS, FL 284,640284.6k $30.6m $30.6m 0.76% Reduced -7.1k -7,068
49 One Capital Management, LLC 1.10% of their portfolio WESTLAKE VILLAGE, CA 283,308283.3k $30.4m $30.4m 1.10% Added +19.8k +19,781
50 PRUDENTIAL FINANCIAL INC 0.04% of their portfolio NEWARK, NJ 269,212269.2k $28.9m $28.9m 0.04% Reduced -18.8k -18,772
51 RHUMBLINE ADVISERS 0.03% of their portfolio BOSTON, MA 262,674262.7k $28.2m $28.2m 0.03% Added +67.7k +67,725
52 ARKANSAS FINANCIAL GROUP, INC. 4.91% of their portfolio LITTLE ROCK, AR 259,797259.8k $27.9m $27.9m 4.91% Reduced -10.5k -10,516
53 REBALANCE, LLC 2.29% of their portfolio PALO ALTO, CA 259,264259.3k $27.8m $27.8m 2.29% Added +3.8k +3,832
54 HUNTINGTON NATIONAL BANK 0.22% of their portfolio COLUMBUS, OH 258,322258.3k $27.7m $27.7m 0.22% Reduced -49.3k -49,333
55 Arbor Investment Advisors, LLC 4.02% of their portfolio WINSTON SALEM, NC 255,843255.8k $27.5m $27.5m 4.02% Added +6.7k +6,696
56 Pacific Life Fund Advisors LLC 2.66% of their portfolio NEWPORT BEACH, CA 252,573252.6k $27.1m $27.1m 2.66% Reduced -1.5k -1,524
57 KWMG, LLC 2.90% of their portfolio OVERLAND PARK, KS 246,516246.5k $26.5m $26.5m 2.90% Added +10.4k +10,369
58 OneDigital Investment Advisors LLC 0.42% of their portfolio OVERLAND PARK, KS 246,269246.3k $26.5m $26.5m 0.42% Added +21.1k +21,131
59 Cambridge Investment Research Advisors, Inc. 0.10% of their portfolio FAIRFIELD, IA 245,215245.2k $26.3m $26.3m 0.10% Reduced -6.9k -6,870
60 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.09% of their portfolio TORONTO, A6 245,000245.0k $26.3m $26.3m 0.09% New
61 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 244,467244.5k $26.3m $26.3m 0.04% Reduced -60.0k -59,994
62 FLOW TRADERS U.S. LLC 1.35% of their portfolio NEW YORK, NY 235,702235.7k $25.3m $25.3m 1.35% New
63 CTC Alternative Strategies, Ltd. 15.27% of their portfolio CHICAGO, IL 228,000228.0k $24.5m $24.5m 15.27% New
64 Mariner, LLC 0.05% of their portfolio Overland Park, KS 205,558205.6k $22.1m $22.1m 0.05% Reduced -13.0k -13,016
65 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 202,716202.7k $21.8m $21.8m 0.04% Reduced -44.4k -44,418
66 TD Waterhouse Canada Inc. 0.20% of their portfolio TORONTO, A6 199,903199.9k $27.0m $27.0m 0.20% Added +21.9k +21,929
67 GenTrust, LLC 1.25% of their portfolio MIAMI, FL 188,471188.5k $20.2m $20.2m 1.25% Added +7.3k +7,329
68 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 184,873184.9k $19.9m $19.9m 0.03% Reduced -33.6k -33,576
69 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.05% of their portfolio PLYMOUTH, MN 173,142173.1k $18.6m $18.6m 0.05% Reduced -34.5k -34,465
70 Alera Investment Advisors, LLC 2.32% of their portfolio DEERFIELD, IL 159,633159.6k $17.1m $17.1m 2.32% Reduced -12.3k -12,279
71 Pure Financial Advisors, LLC 0.53% of their portfolio SAN DIEGO, CA 158,029158.0k $17.0m $17.0m 0.53% Reduced -1.3k -1,282
72 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 150,671150.7k $16.2m $16.2m 0.02% Reduced -14.2k -14,189
73 Cyndeo Wealth Partners, LLC 1.32% of their portfolio ST. PETERSBURG, FL 147,979148.0k $15.9m $15.9m 1.32% Added +4.2k +4,188
74 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 147,402147.4k $15.8m $15.8m 0.01% Reduced -54.6k -54,637
75 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 145,781145.8k $15.7m $15.7m 0.01% Reduced -35.7k -35,702
76 CIM, LLC 2.32% of their portfolio ALBANY, NY 142,469142.5k $15.3m $15.3m 2.32% Added +6.2k +6,157
77 Prime Capital Investment Advisors, LLC 0.21% of their portfolio OVERLAND PARK, KS 140,988141.0k $15.1m $15.1m 0.21% Reduced -7.5k -7,509
78 Heartwood Wealth Advisors LLC 1.85% of their portfolio RICHMOND, VA 140,263140.3k $15.1m $15.1m 1.85% Added +6.9k +6,867
79 Lutz Financial Services LLC 1.30% of their portfolio OMAHA, NE 139,014139.0k $14.9m $14.9m 1.30% Reduced -2.3k -2,341
80 LWMG, LLC 3.26% of their portfolio LAKE ELMO, MN 131,460131.5k $14.1m $14.1m 3.26% Added +5.2k +5,191
81 AVANTAX ADVISORY SERVICES, INC. 0.12% of their portfolio DALLAS, TX 127,024127.0k $13.6m $13.6m 0.12% Added +29.8k +29,808
82 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 124,558124.6k $13.4m $13.4m 0.04% Reduced -25.9k -25,855
83 Insight Wealth Strategies, LLC 1.93% of their portfolio SAN RAMON, CA 122,270122.3k $13.1m $13.1m 1.93% Added +2.4k +2,358
84 Kestra Advisory Services, LLC 0.09% of their portfolio AUSTIN, TX 121,231121.2k $13.0m $13.0m 0.09% Added +12.4k +12,394
85 Ethos Financial Group, LLC 2.50% of their portfolio KING OF PRUSSIA, PA 120,860120.9k $13.2m $13.2m 2.50% Added +5.4k +5,396
86 DORVAL Corp 5.89% of their portfolio MAPLE GROVE, MN 119,293119.3k $12.7m $12.7m 5.89% Added +3.1k +3,066
87 Legacy Financial Group LLC 2.48% of their portfolio DES MOINES, IA 114,166114.2k $12.3m $12.3m 2.48% Added +105.8k +105,825
88 Charles Schwab Trust Co 1.16% of their portfolio HENDERSON, NV 114,105114.1k $12.3m $12.3m 1.16% Reduced -1.6k -1,593
89 RTD Financial Advisors, Inc. 1.64% of their portfolio Philadelphia, PA 113,771113.8k $12.2m $12.2m 1.64% Added +3.3k +3,337
90 Sequent Planning LLC 4.27% of their portfolio OMAHA, NE 109,836109.8k $11.8m $11.8m 4.27% First filing
91 FULTON BREAKEFIELD BROENNIMAN LLC 0.90% of their portfolio Bethesda, MD 109,276109.3k $11.7m $11.7m 0.90% Reduced -10.8k -10,813
92 Foundations Investment Advisors, LLC 0.30% of their portfolio PHOENIX, AZ 108,371108.4k $11.6m $11.6m 0.30% Added +11.2k +11,182
93 Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio SEOUL, M5 106,944106.9k $11.5m $11.5m 0.02% Added +14.0k +14,000
94 Atria Wealth Solutions, Inc. 0.13% of their portfolio NEW YORK, NY 105,671105.7k $11.4m $11.4m 0.13% Reduced -5.1k -5,062
95 Rathbones Group PLC 0.07% of their portfolio Liverpool, X0 105,044105.0k $11.3m $11.3m 0.07% Reduced -2.8k -2,768
96 Family Firm, Inc. 2.23% of their portfolio BETHESDA, MD 104,191104.2k $9.2m $9.2m 2.23% Added +18.3k +18,259
97 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 101,598101.6k $10.9m $10.9m 0.03% Reduced -128.2k -128,192
98 Spire Wealth Management 0.78% of their portfolio MCLEAN, VA 101,020101.0k $42.2m $42.2m 0.78% Reduced -1.6k -1,608
99 MGO ONE SEVEN LLC 0.56% of their portfolio Beachwood, OH 101,005101.0k $10.8m $10.8m 0.56% Reduced -1.9k -1,892
100 Frontier Asset Management, LLC 3.97% of their portfolio SHERIDAN, WY 100,715100.7k $10.8m $10.8m 3.97% Reduced -1.5k -1,490