Vault-13

ISHARES TR ILF

LATN AMER 40 ETF · ETP · CUSIP 464287390

187 institutional holders +25 vs Q1 2025
26,575,57126.6m shares reported held*
$696.4mreported value*
42 new 49 added 62 reduced 19 sold out net bought ≈ $53.1m (+2.0m 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 ($3.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $26.20. Options: 2 managers hold calls ($728.6k notional), 1 hold puts ($220.2k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 131Q4 22: 156Q1 23: 155Q2 23: 172Q3 23: 171Q4 23: 198Q1 24: 197Q2 24: 169Q3 24: 167Q4 24: 150Q1 25: 162Q2 25: 187187Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022131
Q4 2022156
Q1 2023155
Q2 2023172
Q3 2023171
Q4 2023198
Q1 2024197
Q2 2024169
Q3 2024167
Q4 2024150
Q1 2025162
Q2 2025187

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 95 bought or addedQ3 23: 66 cut or sold outQ4 23: 113 bought or addedQ4 23: 73 cut or sold outQ4 23Q1 24: 93 bought or addedQ1 24: 106 cut or sold outQ2 24: 84 bought or addedQ2 24: 107 cut or sold outQ2 24Q3 24: 77 bought or addedQ3 24: 79 cut or sold outQ4 24: 58 bought or addedQ4 24: 90 cut or sold outQ4 24Q1 25: 84 bought or addedQ1 25: 58 cut or sold outQ2 25: 91 bought or addedQ2 25: 81 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20239566
Q4 202311373
Q1 202493106
Q2 202484107
Q3 20247779
Q4 20245890
Q1 20258458
Q2 20259181

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ3 24 calls: $536.3kQ3 24 puts: $145.1kQ3 24P/C 0.27Q4 24 calls: $71.1kQ4 24 puts: $386.8kQ4 24P/C 5.44Q1 25 calls: $21.2kQ1 25 puts: $433.3kQ1 25P/C 20.44Q2 25 calls: $728.6kQ2 25 puts: $220.2kQ2 25P/C 0.30
Numbers
QuarterCallsPutsP/C
Q3 2024$536.3k$145.1k0.27
Q4 2024$71.1k$386.8k5.44
Q1 2025$21.2k$433.3k20.44
Q2 2025$728.6k$220.2k0.30

Biggest buyers

ASSETMARK, INC Added +1,943,287+1.9m
FIL Ltd Added +1,615,300+1.6m
New Harbor Financial Group, LLC New +964,005+964.0k
WELLS FARGO & COMPANY/MN Added +821,031+821.0k
ROYAL BANK OF CANADA Added +441,299+441.3k
MORGAN STANLEY Added +407,866+407.9k
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main New +377,439+377.4k
AVALON CAPITAL MANAGEMENT New +331,765+331.8k
FIRST AMERICAN TRUST, FSB New +292,360+292.4k
Carrera Capital Advisors Added +263,724+263.7k

Biggest sellers

Provida Pension Fund Administrator Reduced -2,912,475-2.9m
EXCHANGE TRADED CONCEPTS, LLC Reduced -1,957,101-2.0m
GOLDMAN SACHS GROUP INC Reduced -456,724-456.7k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -437,483-437.5k
ENVESTNET ASSET MANAGEMENT INC Reduced -346,718-346.7k
BANK OF AMERICA CORP /DE/ Reduced -247,777-247.8k
CITIGROUP INC Reduced -240,191-240.2k
MILLENNIUM MANAGEMENT LLC Sold out -222,518-222.5k
Cambridge Investment Research Advisors, Inc. Reduced -179,552-179.6k
OSAIC HOLDINGS, INC. Reduced -165,311-165.3k

Biggest calls

CITADEL ADVISORS LLC Added $442.9k16.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $285.7k10.9k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $220.2k8.4k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,635,7243.6m $95.3m $95.3m 0.01% Added +407.9k +407,866
2 Provida Pension Fund Administrator 1.54% of their portfolio LAS CONDES, SANTIAGO, F3 3,240,7933.2m $84.9m $84.9m 1.54% Reduced -2.9m -2,912,475
3 ASSETMARK, INC 0.13% of their portfolio CONCORD, CA 2,064,3522.1m $54.1m $54.1m 0.13% Added +1.9m +1,943,287
4 FIL Ltd 0.04% of their portfolio HAMILTON, D0 1,615,7971.6m $42.4m $42.4m 0.04% Added +1.6m +1,615,300
5 New Harbor Financial Group, LLC 5.80% of their portfolio WORCESTER, MA 964,005964.0k $25.3m $25.3m 5.80% New
6 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 915,291915.3k $24.0m $24.0m 0.01% Added +821.0k +821,031
7 EXCHANGE TRADED CONCEPTS, LLC 0.28% of their portfolio Oklahoma City, OK 844,802844.8k $22.1m $22.1m 0.28% Reduced -2.0m -1,957,101
8 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 0.94% of their portfolio SAN FRANCISCO, CA 677,661677.7k $17.8m $17.8m 0.94% Added +31.3k +31,315
9 BlackRock, Inc. 0.00% of their portfolio New York, NY 658,158658.2k $17.3m $17.3m 0.00% Reduced -91.4k -91,428
10 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 567,458567.5k $14.9m $14.9m 0.00% Added +218.4k +218,370
11 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 556,505556.5k $14.6m $14.6m 0.00% Added +132.7k +132,683
12 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 555,060555.1k $14.5m $14.5m 0.02% Added +179.7k +179,692
13 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 483,838483.8k $12.7m $12.7m 0.00% Added +441.3k +441,299
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 435,775435.8k $11.4m $11.4m 0.00% Added +250.1k +250,105
15 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 432,819432.8k $11.3m $11.3m 0.00% Reduced -247.8k -247,777
16 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 398,411398.4k $10.4m $10.4m 0.00% Reduced -346.7k -346,718
17 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 377,439377.4k $9.9m $9.9m 0.01% New
18 Carrera Capital Advisors 1.80% of their portfolio TROY, MI 340,904340.9k $8.9m $8.9m 1.80% Added +263.7k +263,724
19 AVALON CAPITAL MANAGEMENT 2.34% of their portfolio Port Of Redwood City, CA 331,765331.8k $8.7m $8.7m 2.34% New
20 Journey Advisory Group, LLC 0.65% of their portfolio COVINGTON, KY 319,901319.9k $8.4m $8.4m 0.65% Added +74.2k +74,211
21 Steward Partners Investment Advisory, LLC 0.06% of their portfolio STAMFORD, CT 306,392306.4k $8.0m $8.0m 0.06% Added +21.3k +21,315
22 FIRST AMERICAN TRUST, FSB 0.61% of their portfolio SANTA ANA, CA 292,360292.4k $7.7m $7.7m 0.61% New
23 LMCG INVESTMENTS, LLC 0.47% of their portfolio BOSTON, MA 285,324285.3k $7.5m $7.5m 0.47% Reduced -5.6k -5,599
24 BANQUE PICTET & CIE SA 0.07% of their portfolio GENEVA 73, V8 270,000270.0k $7.1m $7.1m 0.07% Unchanged
25 Kera Capital Partners, Inc. 1.38% of their portfolio SACRAMENTO, CA 267,453267.5k $7.0m $7.0m 1.38% Added +11.3k +11,303
26 Venturi Wealth Management, LLC 0.32% of their portfolio AUSTIN, TX 250,644250.6k $6.6m $6.6m 0.32% New
27 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 245,629245.6k $6.4m $6.4m 0.03% Reduced -69.5k -69,462
28 Stonehearth Capital Management, LLC 2.64% of their portfolio DANVERS, MA 242,966243.0k $6.4m $6.4m 2.64% New
29 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 211,435211.4k $5.5m $5.5m 0.00% Reduced -240.2k -240,191
30 UBS Group AG 0.00% of their portfolio ZURICH, V8 180,622180.6k $4.7m $4.7m 0.00% Reduced -49.1k -49,139
31 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 170,274170.3k $4.5m $4.5m 0.00% Reduced -5.3k -5,300
32 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 169,807169.8k $4.5m $4.5m 0.00% Added +5.0k +5,020
33 PRINCIPAL SECURITIES, INC. 0.08% of their portfolio DES MOINES, IA 161,623161.6k $4.2m $4.2m 0.08% Added +159.9k +159,852
34 Man Group plc 0.01% of their portfolio LONDON, X0 154,859154.9k $4.1m $4.1m 0.01% New
35 ICICI Prudential Asset Management Co Ltd 0.50% of their portfolio MUMBAI, K7 154,143154.1k $4.0m $4.0m 0.50% Unchanged
36 Kiker Wealth Management, LLC 2.25% of their portfolio JASPER, GA 152,024152.0k $4.0m $4.0m 2.25% Reduced -4.3k -4,346
37 BANK OF NOVA SCOTIA 0.01% of their portfolio TORONTO, A6 137,733137.7k $3.6m $3.6m 0.01% Reduced -29.3k -29,300
38 Highview Capital Management LLC/DE/ 1.32% of their portfolio BUFFALO GROVE, IL 130,736130.7k $3.4m $3.4m 1.32% New
39 Tactive Advisors, LLC 1.06% of their portfolio Jacksonville, FL 124,747124.7k $3.3m $3.3m 1.06% First filing
40 Banco Santander, S.A. 0.03% of their portfolio Madrid, U3 116,485116.5k $3.1m $3.1m 0.03% Reduced -32.3k -32,263
41 Norris Financial Group, LLC 1.25% of their portfolio GREENVILLE, SC 116,286116.3k $3.0m $3.0m 1.25% New
42 DRW Securities, LLC 0.18% of their portfolio CHICAGO, IL 96,03896.0k $2.5m $2.5m 0.18% New
43 Old Port Advisors 0.68% of their portfolio PORTLAND, ME 95,17795.2k $2.5m $2.5m 0.68% Reduced -27.2k -27,155
44 Quantinno Capital Management LP 0.01% of their portfolio NEW YORK, NY 89,05989.1k $2.3m $2.3m 0.01% Added +22.0k +21,958
45 Redhawk Wealth Advisors, Inc. 0.27% of their portfolio MINNEAPOLIS, MN 83,42283.4k $2.2m $2.2m 0.27% New
46 Gallacher Capital Management LLC 0.96% of their portfolio LONE TREE, CO 78,85878.9k $2.1m $2.1m 0.96% Added +2.4k +2,447
47 Prospera Financial Services Inc 0.04% of their portfolio Dallas, TX 76,77676.8k $2.0m $2.0m 0.04% New
48 MetLife Inc 18.62% of their portfolio New York, NY 73,83673.8k $1.9m $1.9m 18.62% Reduced -815 -815
49 SSA SWISS ADVISORS AG 0.89% of their portfolio ZURICH, V8 72,80072.8k $1.8m $1.8m 0.89% New
50 Cabana LLC 10.79% of their portfolio Fayetteville, AR 71,79871.8k $1.9m $1.9m 10.79% Reduced -28.5k -28,534
51 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 71,24771.2k $1.9m $1.9m 0.00% Added +1.0k +1,039
52 EFG Private Wealth Management (Americas) Corp. 0.34% of their portfolio MIAMI, FL 70,01170.0k $1.8m $1.8m 0.34% Added +430 +430
53 Moneda S.A. Administradora General de Fondos 1.97% of their portfolio LAS CONDES, SANTIAGO, F3 69,51869.5k $1.8m $1.8m 1.97% Reduced -996 -996
54 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 63,98664.0k $1.7m $1.7m 0.01% Reduced -179.6k -179,552
55 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 61,79261.8k $1.5m $1.5m 0.02% Reduced -2.4k -2,439
56 Algorithmic Investment Models, LLC 1.10% of their portfolio Boston, MA 61,58861.6k $1.6m $1.6m 1.10% Added +44.1k +44,080
57 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 58,65058.6k $1.5m $1.5m 0.00% New
58 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 58,29558.3k $1.5m $1.5m 0.01% New
59 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 56,90056.9k $1.5m $1.5m 0.00% Reduced -44.4k -44,381
60 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 56,37956.4k $1.5m $1.5m 0.01% Reduced -11.3k -11,324
61 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 56,12056.1k $1.5m $1.5m 0.00% Added +53.1k +53,120
62 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 55,52555.5k $1.5m $1.5m 0.00% Reduced -37.8k -37,778
63 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 51,59951.6k $1.4m $1.4m 0.00% Reduced -2.4k -2,425
64 Trek Financial, LLC 0.09% of their portfolio Scottsdale, AZ 50,69150.7k $1.3m $1.3m 0.09% Reduced -7.7k -7,674
65 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 49,70049.7k $1.3m $1.3m 0.00% Reduced -456.7k -456,724
66 MassMutual Private Wealth & Trust, FSB 0.03% of their portfolio Windsor, CT 49,13149.1k $1.3m $1.3m 0.03% Added +7.2k +7,191
67 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 48,54348.5k $1.3m $1.3m 0.00% New
68 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 44,40644.4k $1.2m $1.2m 0.01% Added +29.8k +29,778
69 NorthCoast Asset Management LLC 0.00% of their portfolio STAMFORD, CT 44,14844.1k $1.2m $1.2m 0.00% Added +752 +752
70 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 44,12144.1k $1.2m $1.2m 0.00% Reduced -26.8k -26,813
71 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 43,46143.5k $1.1m $1.1m 0.00% Reduced -165.3k -165,311
72 Sharper & Granite LLC 0.42% of their portfolio EL SEGUNDO, CA 41,38041.4k $1.1m $1.1m 0.42% Added +13.5k +13,490
73 Yoffe Investment Management, LLC 1.33% of their portfolio LEMOYNE, PA 37,09937.1k $972.4k $972.4k 1.33% Added +91 +91
74 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 36,90136.9k $967.0k $967.0k 0.00% Reduced -437.5k -437,483
75 Pekin Hardy Strauss, Inc. 0.11% of their portfolio CHICAGO, IL 35,71235.7k $936.0k $936.0k 0.11% Reduced -668 -668
76 PGIM Custom Harvest LLC 0.02% of their portfolio NEWARK, NJ 34,22034.2k $896.9k $896.9k 0.02% Added +5.4k +5,410
77 Indiana Trust & Investment Management Co 0.28% of their portfolio MISHAWAKA, IN 31,80031.8k $833.5k $833.5k 0.28% Unchanged
78 Finley Financial, LLC 0.41% of their portfolio LAS VEGAS, NV 31,34731.3k $821.6k $821.6k 0.41% Reduced -1.8k -1,750
79 Family Firm, Inc. 0.19% of their portfolio BETHESDA, MD 30,43330.4k $797.7k $797.7k 0.19% Added +471 +471
80 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 29,70029.7k $778.4k $778.4k 0.00% New
81 Foundations Investment Advisors, LLC 0.01% of their portfolio PHOENIX, AZ 29,53829.5k $774.2k $774.2k 0.01% Reduced -16.7k -16,707
82 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 29,34129.3k $769.0k $769.0k 0.00% Reduced -34.5k -34,535
83 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 27,25127.3k $714.2k $714.2k 0.00% Reduced -9.8k -9,780
84 Summit Financial, LLC 0.02% of their portfolio PARSIPPANY, NJ 27,13627.1k $711.2k $711.2k 0.02% New
85 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 26,76226.8k $701.4k $701.4k 0.01% Reduced -8.6k -8,626
86 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 26,50026.5k $694.6k $694.6k 0.00% New
87 Y-Intercept (Hong Kong) Ltd 0.02% of their portfolio HONG KONG, K3 24,39924.4k $639.5k $639.5k 0.02% New
88 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 24,14224.1k $632.8k $632.8k 0.00% Added +10.2k +10,207
89 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 24,10424.1k $631.8k $631.8k 0.00% Reduced -339 -339
90 GeoWealth Management, LLC 0.02% of their portfolio CHICAGO, IL 23,26423.3k $609.8k $609.8k 0.02% Added +8.9k +8,884
91 Heartwood Wealth Advisors LLC 0.06% of their portfolio RICHMOND, VA 23,15023.1k $606.8k $606.8k 0.06% Added +48 +48
92 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 21,26721.3k $548.0k $548.0k 0.00% Added +4.9k +4,889
93 Hilltop Holdings Inc. 0.03% of their portfolio DALLAS, TX 20,79920.8k $545.1k $545.1k 0.03% New
94 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 20,64820.6k $541.2k $541.2k 0.00% Reduced -19.2k -19,230
95 CI INVESTMENTS INC. 0.00% of their portfolio TORONTO, Z4 20,00020.0k $524.0k $524.0k 0.00% Unchanged
96 PARK AVENUE SECURITIES LLC 0.00% of their portfolio NEW YORK, NY 19,04019.0k $499.0k $499.0k 0.00% Reduced -5.3k -5,282
97 Global Retirement Partners, LLC 0.01% of their portfolio San Rafael, CA 18,22218.2k $477.6k $477.6k 0.01% First filing
98 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 17,89017.9k $468.9k $468.9k 0.00% Reduced -45.9k -45,905
99 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 16,70116.7k $437.7k $437.7k 0.01% New
100 Synergy Asset Management, LLC 0.05% of their portfolio VANCOUVER, WA 16,50316.5k $432.5k $432.5k 0.05% Reduced -5.5k -5,479