Vault-13

ISHARES TR IYT

US TRSPRTION · ETP · CUSIP 464287192 · ISIN US4642871929

166 institutional holders -9 vs Q2 2025
5,022,6465.0m shares reported held*
$360.9mreported value*
14 new 40 added 57 reduced 18 sold out net sold ≈ $123.0m (-1.7m 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 ($4.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $71.86. Options: 4 managers hold calls ($4.6m notional), 4 hold puts ($3.5m).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 175Q4 22: 190Q1 23: 174Q2 23: 176Q3 23: 182Q4 23: 198Q1 24: 208Q2 24: 188Q3 24: 179Q4 24: 204Q1 25: 173Q2 25: 175Q3 25: 166166Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022175
Q4 2022190
Q1 2023174
Q2 2023176
Q3 2023182
Q4 2023198
Q1 2024208
Q2 2024188
Q3 2024179
Q4 2024204
Q1 2025173
Q2 2025175
Q3 2025166

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 74 bought or addedQ4 23: 81 cut or sold outQ1 24: 86 bought or addedQ1 24: 100 cut or sold outQ1 24Q2 24: 70 bought or addedQ2 24: 91 cut or sold outQ3 24: 64 bought or addedQ3 24: 93 cut or sold outQ3 24Q4 24: 86 bought or addedQ4 24: 77 cut or sold outQ1 25: 57 bought or addedQ1 25: 99 cut or sold outQ1 25Q2 25: 61 bought or addedQ2 25: 80 cut or sold outQ3 25: 54 bought or addedQ3 25: 75 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20237481
Q1 202486100
Q2 20247091
Q3 20246493
Q4 20248677
Q1 20255799
Q2 20256180
Q3 20255475

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ4 24 calls: $39.4mQ4 24 puts: $27.2mQ4 24P/C 0.69Q1 25 calls: $22.6mQ1 25 puts: $31.7mQ1 25P/C 1.40Q2 25 calls: $10.1mQ2 25 puts: $11.6mQ2 25P/C 1.15Q3 25 calls: $4.6mQ3 25 puts: $3.5mQ3 25P/C 0.75
Numbers
QuarterCallsPutsP/C
Q4 2024$39.4m$27.2m0.69
Q1 2025$22.6m$31.7m1.40
Q2 2025$10.1m$11.6m1.15
Q3 2025$4.6m$3.5m0.75

Biggest buyers

TWO SIGMA INVESTMENTS, LP Added +254,200+254.2k
Hudson Bay Capital Management LP New +98,422+98.4k
GOLDMAN SACHS GROUP INC Added +56,351+56.4k
CITIGROUP INC Added +51,219+51.2k
Stenger Family Office, LLC New +51,215+51.2k
TUDOR INVESTMENT CORP ET AL New +19,280+19.3k
Florin Court Capital LLP New +18,900+18.9k
Sanctuary Advisors, LLC Added +14,783+14.8k
LPL Financial LLC Added +13,661+13.7k
J. Goldman & Co LP Added +12,219+12.2k

Biggest sellers

JPMORGAN CHASE & CO Reduced -1,635,742-1.6m
ROYAL BANK OF CANADA Reduced -170,926-170.9k
WELLS FARGO & COMPANY/MN Reduced -109,009-109.0k
BNP PARIBAS FINANCIAL MARKETS Reduced -101,739-101.7k
Strategic Wealth Partners, Ltd. Reduced -89,876-89.9k
CITADEL ADVISORS LLC Reduced -70,091-70.1k
GTS SECURITIES LLC Sold out -42,130-42.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -31,174-31.2k
MORGAN STANLEY Reduced -26,004-26.0k
UBS Group AG Reduced -20,683-20.7k

Biggest calls

CITADEL ADVISORS LLC Added $2.2m30.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.7m23.9k shares
JANE STREET GROUP, LLC Reduced $473.3k6.6k shares
WOLVERINE TRADING, LLC Reduced $209.7k2.9k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.1m28.9k shares
CITADEL ADVISORS LLC Reduced $659.7k9.2k shares
BOOTHBAY FUND MANAGEMENT, LLC New $473.7k5.3k shares
JANE STREET GROUP, LLC Reduced $251.0k3.5k 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
TRUIST FINANCIAL CORP 13G · institution new · filed 2026-07-08 5.6% new 1.4m≈ $125.5m 2026-07-08

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 884,997885.0k $63.5m $63.5m 0.00% Reduced -26.0k -26,004
2 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 584,863584.9k $41.9m $41.9m 0.01% Added +56.4k +56,351
3 First Financial Bankshares Inc 0.41% of their portfolio Abilene, TX 281,023281.0k $20.2m $20.2m 0.41% Added +5.3k +5,280
4 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 273,800273.8k $19.6m $19.6m 0.03% Added +254.2k +254,200
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 253,200253.2k $18.2m $18.2m 0.00% Reduced -1.9k -1,898
6 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 224,323224.3k $16.1m $16.1m 0.00% Reduced -109.0k -109,009
7 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 209,006209.0k $15.0m $15.0m 0.00% Added +13.7k +13,661
8 UBS Group AG 0.00% of their portfolio ZURICH, V8 202,043202.0k $14.5m $14.5m 0.00% Reduced -20.7k -20,683
9 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 200,063200.1k $14.3m $14.3m 0.01% Unchanged
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 180,988181.0k $13.0m $13.0m 0.00% Reduced -1.6m -1,635,742
11 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio TORONTO, A6 150,000150.0k $10.8m $10.8m 0.02% Unchanged
12 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 102,449102.4k $7.3m $7.3m 0.01% Added +51.2k +51,219
13 Hudson Bay Capital Management LP 0.04% of their portfolio STAMFORD, CT 98,42298.4k $7.1m $7.1m 0.04% New
14 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 95,90395.9k $6.9m $6.9m 0.00% Added +4.2k +4,161
15 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 80,37180.4k $5.8m $5.8m 0.01% Reduced -5.7k -5,692
16 J. Goldman & Co LP 0.18% of their portfolio NEW YORK, NY 64,61964.6k $4.6m $4.6m 0.18% Added +12.2k +12,219
17 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 57,11957.1k $4.1m $4.1m 0.01% Added +10.1k +10,099
18 Stenger Family Office, LLC 0.93% of their portfolio Naperville, IL 51,21551.2k $4.5m $4.5m 0.93% New
19 GRIMES & Co WEALTH MANAGEMENT, LLC 0.09% of their portfolio WESTBOROUGH, MA 49,00849.0k $3.5m $3.5m 0.09% Reduced -2.5k -2,479
20 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 45,27945.3k $3.3m $3.3m 0.00% Reduced -2.2k -2,176
21 McGuire Investment Group, LLC 0.32% of their portfolio WAKEFIELD, RI 39,50939.5k $2.8m $2.8m 0.32% Reduced -130 -130
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 34,29434.3k $2.5m $2.5m 0.00% Reduced -170.9k -170,926
23 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 29,81329.8k $2.1m $2.1m 0.00% Added +1.3k +1,267
24 J.W. COLE ADVISORS, INC. 0.04% of their portfolio TAMPA, FL 28,09828.1k $2.0m $2.0m 0.04% Added +1.2k +1,224
25 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 27,35427.4k $1.8m $1.8m 0.01% Added +14.8k +14,783
26 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 26,58326.6k $1.9m $1.9m 0.00% Reduced -8.0k -8,000
27 Clarus Wealth Advisors 0.79% of their portfolio PEORIA, AZ 24,62624.6k $1.8m $1.8m 0.79% Reduced -35 -35
28 First Nebraska Trust Co 0.16% of their portfolio LINCOLN, NE 24,56824.6k $1.8m $1.8m 0.16% Reduced -1.5k -1,517
29 MMBG INVESTMENT ADVISORS CO. 0.15% of their portfolio MIAMI, FL 23,94023.9k $1.7m $1.7m 0.15% Unchanged
30 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 23,66923.7k $1.7m $1.7m 0.00% Reduced -1.4k -1,444
31 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 22,21222.2k $1.6m $1.6m 0.00% Added +8.2k +8,188
32 TOTH FINANCIAL ADVISORY CORP 0.17% of their portfolio LEESBURG, VA 21,63821.6k $1.6m $1.6m 0.17% Added +6.7k +6,696
33 SIG BROKERAGE, LP 0.38% of their portfolio BALA CYNWYD, PA 21,08521.1k $1.5m $1.5m 0.38% Unchanged
34 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 19,28019.3k $1.4m $1.4m 0.01% New
35 Florin Court Capital LLP 1.06% of their portfolio London, X0 18,90018.9k $1.4m $1.4m 1.06% New
36 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 17,99718.0k $1.3m $1.3m 0.01% Added +258 +258
37 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 16,60016.6k $1.2m $1.2m 0.00% Reduced -1.3k -1,316
38 KKM Financial LLC 0.37% of their portfolio CHICAGO, IL 16,52916.5k $1.2m $1.2m 0.37% Reduced -536 -536
39 Massachusetts Wealth Management 0.59% of their portfolio NORTH ANDOVER, MA 16,46316.5k $1.2m $1.2m 0.59% Added +530 +530
40 Indie Asset Partners, LLC 1.52% of their portfolio CARMEL, IN 15,93215.9k $1.1m $1.1m 1.52% Added +2.5k +2,460
41 Sage Capital Advisors,llc 0.27% of their portfolio SIOUX FALLS, SD 15,86415.9k $1.1m $1.1m 0.27% Added +44 +44
42 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 15,76815.8k $1.1m $1.1m 0.00% Reduced -2.6k -2,591
43 NAPLES GLOBAL ADVISORS, LLC 0.08% of their portfolio NAPLES, FL 14,54014.5k $1.0m $1.0m 0.08% Added +11.4k +11,420
44 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 14,22914.2k $1.0m $1.0m 0.00% Reduced -437 -437
45 MENORA MIVTACHIM HOLDINGS LTD. 0.00% of their portfolio Ramat Gan, L3 12,70012.7k $910.7k $910.7k 0.00% Unchanged
46 Retirement Planning Co of New England, Inc. 0.35% of their portfolio Warwick, RI 12,10612.1k $868.1k $868.1k 0.35% Added +17 +17
47 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 11,67011.7k $836.9k $836.9k 0.00% Reduced -300 -300
48 Capital Investment Counsel, Inc 0.10% of their portfolio RALEIGH, NC 11,59211.6k $831.3k $831.3k 0.10% Reduced -752 -752
49 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 11,25911.3k $807.0k $807.0k 0.00% Reduced -2.3k -2,330
50 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 10,67510.7k $765.5k $765.5k 0.00% Added +2.2k +2,223
51 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 9,8559.9k $706.7k $706.7k 0.00% Reduced -1.6k -1,586
52 Capital Advisors, Ltd. LLC 0.08% of their portfolio SHAKER HEIGHTS, OH 9,5349.5k $684.0k $684.0k 0.08% Reduced -1.2k -1,235
53 Institute for Wealth Management, LLC. 0.07% of their portfolio DENVER, CO 9,2959.3k $666.6k $666.6k 0.07% Reduced -218 -218
54 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 9,0819.1k $651.2k $651.2k 0.00% Reduced -516 -516
55 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 8,4358.4k $604.8k $604.8k 0.00% Reduced -1.8k -1,789
56 SAXON INTERESTS, INC. 0.22% of their portfolio HOUSTON, TX 7,7507.8k $552.7k $552.7k 0.22% Unchanged
57 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 7,4907.5k $537.1k $537.1k 0.00% New
58 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 7,2867.3k $522.5k $522.5k 0.00% Added +93 +93
59 GARRISON POINT ADVISORS, LLC 0.22% of their portfolio Walnut Creek, CA 7,1607.2k $513.4k $513.4k 0.22% Reduced -20 -20
60 FERGUSON WELLMAN CAPITAL MANAGEMENT, INC 0.01% of their portfolio PORTLAND, OR 7,1387.1k $511.9k $511.9k 0.01% Added +48 +48
61 Intrepid Financial Planning Group LLC 0.19% of their portfolio CARMEL, IN 7,0177.0k $503.2k $503.2k 0.19% Reduced -25 -25
62 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 6,8336.8k $490.0k $490.0k 0.00% Reduced -879 -879
63 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 6,5336.5k $468.7k $468.7k 0.01% New
64 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 6,4256.4k $460.7k $460.7k 0.00% Reduced -219 -219
65 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 6,0766.1k $435.7k $435.7k 0.00% Reduced -46 -46
66 FMR LLC 0.00% of their portfolio BOSTON, MA 6,0656.1k $434.9k $434.9k 0.00% Added +2.1k +2,120
67 Davis Investment Partners, LLC 0.15% of their portfolio CHARLOTTE, NC 6,0006.0k $427.3k $427.3k 0.15% Unchanged
68 FIRST WILSHIRE SECURITIES MANAGEMENT INC 0.11% of their portfolio PASADENA, CA 5,6005.6k $401.6k $401.6k 0.11% Unchanged
69 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 5,5385.5k $397.2k $397.2k 0.00% New
70 PATTEN & PATTEN INC/TN 0.02% of their portfolio CHATTANOOGA, TN 5,4005.4k $387.2k $387.2k 0.02% Unchanged
71 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 5,3985.4k $387.0k $387.0k 0.00% New
72 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 5,2935.3k $381.3k $381.3k 0.00% Reduced -105 -105
73 GSA CAPITAL PARTNERS LLP 0.03% of their portfolio LONDON, X0 5,2445.2k $376.0k $376.0k 0.03% Added +2.3k +2,303
74 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 5,1885.2k $372.0k $372.0k 0.00% Reduced -476 -476
75 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 5,1815.2k $371.5k $371.5k 0.00% Added +366 +366
76 PFG Investments, LLC 0.02% of their portfolio WOODBURY, NY 5,1275.1k $367.7k $367.7k 0.02% Added +3 +3
77 Strategic Wealth Partners, Ltd. 0.03% of their portfolio INDEPENDENCE, OH 5,1145.1k $366.7k $366.7k 0.03% Reduced -89.9k -89,876
78 Meridian Wealth Management, LLC 0.01% of their portfolio LEXINGTON, KY 5,1045.1k $366.0k $366.0k 0.01% Unchanged
79 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 5,0295.0k $360.6k $360.6k 0.00% Reduced -28 -28
80 Midwest Trust Co 0.00% of their portfolio Overland Park, KS 4,9645.0k $356.0k $356.0k 0.00% Unchanged
81 CX Institutional 0.01% of their portfolio AUBURN, IN 4,9424.9k $354.0k $354.0k 0.01% Reduced -1.8k -1,836
82 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 4,9234.9k $353.0k $353.0k 0.00% Unchanged
83 WP Advisors, LLC 0.09% of their portfolio San Francisco, CA 4,9164.9k $352.5k $352.5k 0.09% Added +15 +15
84 MCDANIEL TERRY & CO 0.03% of their portfolio AUSTIN, TX 4,8564.9k $348.2k $348.2k 0.03% Unchanged
85 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 4,7654.8k $341.7k $341.7k 0.01% Reduced -9.6k -9,648
86 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 4,7004.7k $337.0k $337.0k 0.00% Reduced -70.1k -70,091
87 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 4,6764.7k $335.3k $335.3k 0.00% Reduced -535 -535
88 Focus Financial Network, Inc. 0.01% of their portfolio MINNEAPOLIS, MN 4,4674.5k $320.3k $320.3k 0.01% Unchanged
89 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 4,1524.2k $297.7k $297.7k 0.00% Unchanged
90 KCM INVESTMENT ADVISORS LLC 0.01% of their portfolio GREENBRAE, CA 4,1304.1k $296.2k $296.2k 0.01% Reduced -15 -15
91 Valmark Advisers, Inc. 0.00% of their portfolio AKRON, OH 4,0684.1k $291.7k $291.7k 0.00% Reduced -539 -539
92 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 4,0004.0k $286.8k $286.8k 0.00% Unchanged
93 FIRST UNITED BANK & TRUST 0.09% of their portfolio OAKLAND, MD 3,8183.8k $273.8k $273.8k 0.09% Reduced -80 -80
94 Mariner, LLC 0.00% of their portfolio Overland Park, KS 3,8163.8k $273.6k $273.6k 0.00% Added +101 +101
95 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 3,7873.8k $271.6k $271.6k 0.00% Reduced -307 -307
96 Summit Financial, LLC 0.00% of their portfolio PARSIPPANY, NJ 3,7083.7k $265.9k $265.9k 0.00% Added +446 +446
97 Private Wealth Advisors, LLC 0.10% of their portfolio Fresno, CA 3,5623.6k $255.5k $255.5k 0.10% Reduced -291 -291
98 Apeiron RIA LLC 0.06% of their portfolio Dallas, TX 3,5083.5k $245.7k $245.7k 0.06% Unchanged
99 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 3,4953.5k $250.6k $250.6k 0.00% Reduced -390 -390
100 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 3,2563.3k $233.5k $233.5k 0.00% Reduced -31.2k -31,174