Vault-13

ISHARES TR LQD

IBOXX INV CP ETF · ETP · CUSIP 464287242 · ISIN US4642872422

1,016 institutional holders -43 vs Q1 2024
249,036,614249.0m shares reported held*
$26.8bnreported value*
75 new 353 added 423 reduced 128 sold out net sold ≈ $4.9bn (-46.3m 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 ($45.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $107.52. Options: 21 managers hold calls ($4.0bn notional), 27 hold puts ($4.0bn).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 995Q4 22: 1,029Q1 23: 1,020Q2 23: 1,019Q3 23: 1,039Q4 23: 1,109Q1 24: 1,059Q2 24: 1,0161,016Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022995
Q4 20221,029
Q1 20231,020
Q2 20231,019
Q3 20231,039
Q4 20231,109
Q1 20241,059
Q2 20241,016

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 404 bought or addedQ4 22: 534 cut or sold outQ4 22Q1 23: 444 bought or addedQ1 23: 513 cut or sold outQ2 23: 465 bought or addedQ2 23: 471 cut or sold outQ2 23Q3 23: 500 bought or addedQ3 23: 472 cut or sold outQ4 23: 534 bought or addedQ4 23: 480 cut or sold outQ4 23Q1 24: 468 bought or addedQ1 24: 572 cut or sold outQ2 24: 428 bought or addedQ2 24: 551 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022404534
Q1 2023444513
Q2 2023465471
Q3 2023500472
Q4 2023534480
Q1 2024468572
Q2 2024428551

Calls vs puts

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

CallsPuts
$0$2bn$4bn$6bnQ3 23 calls: $1.7bnQ3 23 puts: $2.0bnQ3 23P/C 1.19Q4 23 calls: $3.0bnQ4 23 puts: $5.0bnQ4 23P/C 1.67Q1 24 calls: $4.3bnQ1 24 puts: $4.2bnQ1 24P/C 0.97Q2 24 calls: $4.0bnQ2 24 puts: $4.0bnQ2 24P/C 1.01
Numbers
QuarterCallsPutsP/C
Q3 2023$1.7bn$2.0bn1.19
Q4 2023$3.0bn$5.0bn1.67
Q1 2024$4.3bn$4.2bn0.97
Q2 2024$4.0bn$4.0bn1.01

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +2,426,014+2.4m
HSBC HOLDINGS PLC Added +2,384,327+2.4m
Hudson Bay Capital Management LP Added +700,000+700.0k
Mitsubishi UFJ Asset Management Co., Ltd. Added +610,595+610.6k
NEUBERGER BERMAN GROUP LLC Added +458,660+458.7k
Point72 Asset Management, L.P. Added +384,205+384.2k
Walleye Capital LLC New +365,000+365.0k
NORTHERN TRUST CORP Added +340,467+340.5k
Squarepoint Ops LLC New +324,873+324.9k
Legal & General Group Plc Added +317,550+317.6k

Biggest sellers

MORGAN STANLEY Reduced -18,917,153-18.9m
NYL Investors LLC Reduced -6,607,522-6.6m
PRUDENTIAL FINANCIAL INC Reduced -5,047,475-5.0m
JANE STREET GROUP, LLC Reduced -3,210,330-3.2m
Diameter Capital Partners LP Reduced -2,500,000-2.5m
Centiva Capital, LP Reduced -2,220,710-2.2m
ENVESTNET ASSET MANAGEMENT INC Reduced -1,531,774-1.5m
SPX Gestao de Recursos Ltda Sold out -1,391,268-1.4m
BNP PARIBAS Reduced -1,061,523-1.1m
Susquehanna International Group Ltd. Reduced -1,005,077-1.0m

Biggest calls

CITIGROUP INC Added $583.8m5.5m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $474.8m4.4m shares
GOLDMAN SACHS GROUP INC Reduced $414.6m3.9m shares
CITADEL ADVISORS LLC Reduced $411.0m3.8m shares
Walleye Capital LLC Added $398.9m3.7m shares
Centiva Capital, LP Added $309.5m2.9m shares
UBS Group AG Reduced $280.8m2.6m shares
BANK OF AMERICA CORP /DE/ Reduced $267.8m2.5m shares
WELLS FARGO & COMPANY/MN Added $192.8m1.8m shares
Capula Management Ltd Not comparable $144.6m1.4m shares

Biggest puts

ONTARIO TEACHERS PENSION PLAN BOARD Unchanged $642.7m6.0m shares
CITADEL ADVISORS LLC Added $636.4m5.9m shares
SONA ASSET MANAGEMENT (US) LLC Added $482.0m4.5m shares
Walleye Capital LLC Added $354.4m3.3m shares
GOLDMAN SACHS GROUP INC Added $283.9m2.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $239.5m2.2m shares
WELLS FARGO & COMPANY/MN Added $198.8m1.9m shares
Centiva Capital, LP Added $186.9m1.7m shares
MILLENNIUM MANAGEMENT LLC Added $166.0m1.6m shares
UBS Group AG Reduced $149.5m1.4m 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
BlackRock Portfolio Management LLC 13G · institution +1.9 pts · filed 2026-10-27 8.2% +1.9 pts 22.8m≈ $2.5bn 2026-10-27

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.24% of their portfolio CHARLOTTE, NC 23,478,77323.5m $2.5bn $2.5bn 0.24% Added +2.4m +2,426,014
2 Meiji Yasuda Life Insurance Co 41.14% of their portfolio TOKYO, M0 19,120,36819.1m $2.0bn $2.0bn 41.14% Unchanged
3 Fisher Asset Management, LLC 0.75% of their portfolio PLANO, TX 16,038,27516.0m $1.7bn $1.7bn 0.75% Added +218.2k +218,177
4 Japan Science & Technology Agency 20.54% of their portfolio TOKYO, M0 13,806,45013.8m $1.5bn $1.5bn 20.54% Unchanged
5 BlackRock Inc. 0.03% of their portfolio New York, NY 13,754,92713.8m $1.5bn $1.5bn 0.03% Reduced -9.1k -9,113
6 Financial Engines Advisors L.L.C. 2.56% of their portfolio SANTA CLARA, CA 10,768,55210.8m $1.2bn $1.2bn 2.56% Added +139.1k +139,122
7 Allianz Investment Management U.S. LLC 69.94% of their portfolio Minneapolis, MN 10,227,70510.2m $1.1bn $1.1bn 69.94% Unchanged
8 MORGAN STANLEY 0.07% of their portfolio NEW YORK, NY 8,726,4138.7m $934.8m $934.8m 0.07% Reduced -18.9m -18,917,153
9 NYL Investors LLC 59.40% of their portfolio NEW YORK, NY 7,792,2887.8m $834.7m $834.7m 59.40% Reduced -6.6m -6,607,522
10 Wealthfront Advisers LLC 2.20% of their portfolio Palo Alto, CA 6,104,0156.1m $653.9m $653.9m 2.20% Added +150.3k +150,276
11 PRUDENTIAL FINANCIAL INC 0.91% of their portfolio NEWARK, NJ 5,663,1015.7m $606.6m $606.6m 0.91% Reduced -5.0m -5,047,475
12 National Mutual Insurance Federation of Agricultural Cooperatives 4.32% of their portfolio TOKYO, JAPAN, M0 4,040,4004.0m $432.8m $432.8m 4.32% Unchanged
13 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 3,786,0323.8m $405.6m $405.6m 0.02% Reduced -944.7k -944,656
14 AMERIPRISE FINANCIAL INC 0.11% of their portfolio MINNEAPOLIS, MN 3,765,1973.8m $403.4m $403.4m 0.11% Reduced -391.1k -391,089
15 UBS Group AG 0.12% of their portfolio ZURICH, V8 3,640,6143.6m $390.0m $390.0m 0.12% Reduced -197.4k -197,380
16 NORTHERN TRUST CORP 0.06% of their portfolio CHICAGO, IL 3,533,7233.5m $378.5m $378.5m 0.06% Added +340.5k +340,467
17 ENVESTNET ASSET MANAGEMENT INC 0.13% of their portfolio Berwyn, PA 3,521,7423.5m $377.2m $377.2m 0.13% Reduced -1.5m -1,531,774
18 WELLS FARGO & COMPANY/MN 0.09% of their portfolio SAN FRANCISCO, CA 3,266,5963.3m $349.9m $349.9m 0.09% Added +55.9k +55,905
19 JANE STREET GROUP, LLC 0.35% of their portfolio NEW YORK, NY 3,000,4433.0m $321.4m $321.4m 0.35% Reduced -3.2m -3,210,330
20 HSBC HOLDINGS PLC 0.19% of their portfolio LONDON, X0 2,685,5252.7m $288.3m $288.3m 0.19% Added +2.4m +2,384,327
21 Mitsubishi UFJ Asset Management Co., Ltd. 0.34% of their portfolio TOKYO, M0 2,577,8252.6m $276.1m $276.1m 0.34% Added +610.6k +610,595
22 Empower Annuity Insurance Co 100.00% of their portfolio GREENWOOD VILLAGE, CO 2,456,8502.5m $263.2m $263.2m 100.00% Unchanged
23 LPL Financial LLC 0.12% of their portfolio FORT MILL, SC 2,302,8762.3m $246.7m $246.7m 0.12% Reduced -245.0k -244,966
24 STATE OF MICHIGAN RETIREMENT SYSTEM 1.20% of their portfolio EAST LANSING, MI 2,172,4002.2m $232.7m $232.7m 1.20% Unchanged
25 Members Trust Co 6.53% of their portfolio TAMPA, FL 2,010,3442.0m $215.3m $215.3m 6.53% Reduced -25.7k -25,686
26 BARCLAYS PLC 0.10% of their portfolio LONDON, X0 1,979,5252.0m $212.0m $212.0m 0.10% Reduced -446.1k -446,075
27 SCHRODER INVESTMENT MANAGEMENT GROUP 0.20% of their portfolio London, X0 1,718,3671.7m $184.1m $184.1m 0.20% Reduced -7.9k -7,939
28 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 1.85% of their portfolio New York, NY 1,578,1401.6m $169.1m $169.1m 1.85% Unchanged
29 ASSETMARK, INC 0.50% of their portfolio CONCORD, CA 1,520,2161.5m $162.8m $162.8m 0.50% Reduced -784.7k -784,716
30 PNC Financial Services Group, Inc. 0.10% of their portfolio Pittsburgh, PA 1,426,2681.4m $152.8m $152.8m 0.10% Reduced -65.9k -65,936
31 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 1,344,2241.3m $144.0m $144.0m 0.03% Added +4.1k +4,095
32 Money Design Co.,Ltd. 7.66% of their portfolio TOKYO, M0 1,326,9121.3m $142.1m $142.1m 7.66% Added +68.8k +68,801
33 Hudson Bay Capital Management LP 1.05% of their portfolio STAMFORD, CT 1,300,0001.3m $139.3m $139.3m 1.05% Added +700.0k +700,000
34 PANAGORA ASSET MANAGEMENT INC 0.69% of their portfolio BOSTON, MA 1,290,1761.3m $138.2m $138.2m 0.69% Reduced -25.0k -25,000
35 FMR LLC 0.01% of their portfolio BOSTON, MA 1,187,3911.2m $127.2m $127.2m 0.01% Reduced -39.2k -39,167
36 STIFEL FINANCIAL CORP 0.14% of their portfolio ST. LOUIS, MO 1,168,7731.2m $125.2m $125.2m 0.14% Added +6.5k +6,542
37 Bridgewater Associates, LP 0.56% of their portfolio Westport, CT 994,200994.2k $106.5m $106.5m 0.56% Reduced -19.0k -19,000
38 Legal & General Group Plc 0.03% of their portfolio London, X0 900,141900.1k $96.4m $96.4m 0.03% Added +317.6k +317,550
39 Man Group plc 0.25% of their portfolio LONDON, X0 867,513867.5k $92.9m $92.9m 0.25% Reduced -232.4k -232,390
40 HUNTINGTON NATIONAL BANK 0.72% of their portfolio COLUMBUS, OH 864,336864.3k $92.6m $92.6m 0.72% Added +87.9k +87,884
41 Allspring Global Investments Holdings, LLC 0.15% of their portfolio CHARLOTTE, NC 861,446861.4k $92.3m $92.3m 0.15% Reduced -3.8k -3,789
42 SUMITOMO MITSUI FINANCIAL GROUP, INC. 2.74% of their portfolio TOKYO, M0 821,188821.2k $88.0m $88.0m 2.74% Added +181.4k +181,386
43 D. E. Shaw & Co., Inc. 0.12% of their portfolio New York, NY 819,800819.8k $87.8m $87.8m 0.12% Reduced -165.7k -165,700
44 PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio DES MOINES, IA 775,000775.0k $83.0m $83.0m 0.05% Reduced -813.8k -813,830
45 Mirae Asset Global Investments Co., Ltd. 0.41% of their portfolio SEOUL, M5 767,358767.4k $82.7m $82.7m 0.41% Added +51.5k +51,468
46 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.08% of their portfolio MILWAUKEE, WI 732,490732.5k $78.5m $78.5m 0.08% Added +56.7k +56,696
47 MARSHALL WACE, LLP 0.11% of their portfolio LONDON, X0 699,068699.1k $74.9m $74.9m 0.11% Reduced -966.5k -966,544
48 Valmark Advisers, Inc. 1.25% of their portfolio AKRON, OH 687,069687.1k $73.6m $73.6m 1.25% Added +12.1k +12,058
49 COUNTRY TRUST BANK 1.85% of their portfolio Bloomington, IL 682,961683.0k $73.2m $73.2m 1.85% Added +138 +138
50 NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio NEW YORK, NY 659,649659.6k $70.7m $70.7m 0.06% Added +458.7k +458,660
51 MML INVESTORS SERVICES, LLC 0.28% of their portfolio SPRINGFIELD, MA 641,497641.5k $68.7m $68.7m 0.28% Added +33.5k +33,486
52 CTC Alternative Strategies, Ltd. 27.04% of their portfolio CHICAGO, IL 595,000595.0k $63.7m $63.7m 27.04% Added +249.9k +249,900
53 Focus Partners Wealth 0.21% of their portfolio ST LOUIS, MO 588,788588.8k $63.1m $63.1m 0.21% Added +308.7k +308,706
54 TruWealth Advisors, LLC 4.18% of their portfolio Metairie, LA 587,608587.6k $62.9m $62.9m 4.18% Added +48.4k +48,445
55 Point72 Asset Management, L.P. 0.20% of their portfolio STAMFORD, CT 585,204585.2k $62.7m $62.7m 0.20% Added +384.2k +384,205
56 Cetera Investment Advisers 0.14% of their portfolio SCHAUMBURG, IL 558,433558.4k $59.8m $59.8m 0.14% Reduced -167.2k -167,222
57 Capula Management Ltd 0.66% of their portfolio Grand Cayman, E9 550,000550.0k $58.9m $58.9m 0.66% Not comparable
58 State of New Jersey Common Pension Fund D 0.25% of their portfolio TRENTON, NJ 540,991541.0k $58.0m $58.0m 0.25% Reduced -259.0k -259,009
59 PRUDENTIAL PLC 0.38% of their portfolio LONDON, X0 509,335509.3k $54.6m $54.6m 0.38% Added +142.3k +142,324
60 Diameter Capital Partners LP 12.42% of their portfolio New York, NY 500,000500.0k $53.6m $53.6m 12.42% Reduced -2.5m -2,500,000
61 OSAIC HOLDINGS, INC. 0.13% of their portfolio SCOTTSDALE, AZ 494,670494.7k $53.0m $53.0m 0.13% Reduced -63.9k -63,884
62 iA Global Asset Management Inc. 1.00% of their portfolio QUEBEC, A8 491,200491.2k $52.6m $52.6m 1.00% Reduced -50.0k -50,000
63 GDS Wealth Management 5.73% of their portfolio FLOWER MOUND, TX 487,734487.7k $52.2m $52.2m 5.73% Added +65.4k +65,405
64 CITIGROUP INC 0.05% of their portfolio NEW YORK, NY 481,228481.2k $51.5m $51.5m 0.05% Reduced -865.9k -865,920
65 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 462,157462.2k $49.5m $49.5m 0.01% Unchanged
66 Creative Planning 0.05% of their portfolio OVERLAND PARK, KS 431,621431.6k $46.2m $46.2m 0.05% Added +15.5k +15,470
67 Raymond James Financial Services Advisors, Inc. 0.07% of their portfolio ST. PETERSBURG, FL 428,753428.8k $45.9m $45.9m 0.07% Reduced -39.7k -39,737
68 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 419,938419.9k $45.0m $45.0m 0.03% Added +31.7k +31,675
69 Envestnet Portfolio Solutions, Inc. 0.16% of their portfolio BERWYN, PA 417,617417.6k $44.7m $44.7m 0.16% Reduced -249.3k -249,295
70 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 417,193417.2k $44.7m $44.7m 0.01% Reduced -3.9k -3,942
71 BANK OF KOREA 100.00% of their portfolio SEOUL, M5 396,053396.1k $42.4m $42.4m 100.00% Unchanged
72 LVZ, Inc. 5.74% of their portfolio Holland, MI 393,128393.1k $42.1m $42.1m 5.74% Added +9.8k +9,781
73 Mitsubishi UFJ Trust & Banking Corp 0.09% of their portfolio TOKYO, M0 366,595366.6k $39.3m $39.3m 0.09% Reduced -75.6k -75,590
74 Walleye Capital LLC 0.41% of their portfolio NEW YORK, NY 365,000365.0k $39.1m $39.1m 0.41% New
75 Composition Wealth, LLC 0.92% of their portfolio LOS ANGELES, CA 353,121353.1k $37.8m $37.8m 0.92% Added +118.3k +118,284
76 Sigma Planning Corp 1.19% of their portfolio ANN ARBOR, MI 351,247351.2k $37.6m $37.6m 1.19% Added +23.5k +23,541
77 BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio PARIS, I0 348,952349.0k $37.4m $37.4m 0.04% Reduced -31.9k -31,879
78 USA FINANCIAL FORMULAS 6.01% of their portfolio ADA, MI 345,897345.9k $37.1m $37.1m 6.01% Added +35.5k +35,522
79 TRUIST FINANCIAL CORP 0.06% of their portfolio CHARLOTTE, NC 340,221340.2k $36.4m $36.4m 0.06% Reduced -27.7k -27,707
80 SimpliFi, Inc. 16.66% of their portfolio SAN DIEGO, CA 336,830336.8k $36.1m $36.1m 16.66% Reduced -11.5k -11,507
81 Townsend & Associates, Inc 3.95% of their portfolio WESTMINSTER, CO 328,093328.1k $35.6m $35.6m 3.95% Added +8.3k +8,299
82 Jefferies Financial Group Inc. 0.69% of their portfolio NEW YORK, NY 326,014326.0k $34.9m $34.9m 0.69% Reduced -130.7k -130,690
83 Squarepoint Ops LLC 0.13% of their portfolio NEW YORK, NY 324,873324.9k $34.8m $34.8m 0.13% New
84 Kestra Advisory Services, LLC 0.19% of their portfolio AUSTIN, TX 321,463321.5k $33.6m $33.6m 0.19% Added +208.1k +208,086
85 Capital Analysts, LLC 1.47% of their portfolio FORT WASHINGTON, PA 311,400311.4k $33.4m $33.4m 1.47% Added +9.6k +9,612
86 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.34% of their portfolio Stamford, CT 306,946306.9k $32.9m $32.9m 0.34% Added +57.3k +57,313
87 NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC 0.84% of their portfolio MILWAUKEE, WI 303,000303.0k $32.5m $32.5m 0.84% New
88 TORONTO DOMINION BANK 0.05% of their portfolio TORONTO, ONTARIO, A6 300,000300.0k $32.1m $32.1m 0.05% Unchanged
89 Willis Johnson & Associates, Inc. 2.57% of their portfolio Houston, TX 292,030292.0k $31.3m $31.3m 2.57% Added +24.6k +24,551
90 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 288,086288.1k $30.8m $30.8m 0.05% Reduced -28.3k -28,300
91 PARK AVENUE SECURITIES LLC 0.36% of their portfolio NEW YORK, NY 276,843276.8k $29.7m $29.7m 0.36% Reduced -71.0k -71,031
92 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 275,755275.8k $29.5m $29.5m 0.05% Reduced -42.9k -42,932
93 KEYBANK NATIONAL ASSOCIATION/OH 0.12% of their portfolio BROOKLYN, OH 271,339271.3k $29.1m $29.1m 0.12% Reduced -2.2k -2,183
94 Atria Wealth Solutions, Inc. 0.32% of their portfolio NEW YORK, NY 266,998267.0k $28.6m $28.6m 0.32% Reduced -15.5k -15,526
95 Insight Wealth Strategies, LLC 4.04% of their portfolio SAN RAMON, CA 264,891264.9k $28.4m $28.4m 4.04% Added +9.1k +9,115
96 FIRST FOUNDATION ADVISORS 1.08% of their portfolio Irvine, CA 263,693263.7k $28.2m $28.2m 1.08% Added +11.9k +11,883
97 EDMOND DE ROTHSCHILD HOLDING S.A. 0.48% of their portfolio CHAMBESY, V8 262,319262.3k $28.1m $28.1m 0.48% Reduced -30 -30
98 CONNING INC. 0.96% of their portfolio HARTFORD, CT 250,101250.1k $26.8m $26.8m 0.96% Reduced -166.3k -166,257
99 Petrus Trust Company, LTA 2.49% of their portfolio Dallas, TX 248,751248.8k $26.6m $26.6m 2.49% Unchanged
100 Arax Advisory Partners 2.51% of their portfolio NEW YORK, NY 239,867239.9k $25.7m $25.7m 2.51% Added +13.2k +13,247