Vault-13

ISHARES TR IVE

S&P 500 VAL ETF · ETP · CUSIP 464287408

1,126 institutional holders +9 vs Q4 2022
112,714,427112.7m shares reported held*
$17.1bnreported value*
81 new 328 added 463 reduced 62 sold out net sold ≈ $744.9m (-4.8m 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 ($37.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $151.70. Options: 10 managers hold calls ($313.5m notional), 1 hold puts ($2.7m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,048Q4 22: 1,117Q1 23: 1,1261,126Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 20221,048
Q4 20221,117
Q1 20231,126

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 467 bought or addedQ4 22: 421 cut or sold outQ4 22Q1 23: 409 bought or addedQ1 23: 525 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022467421
Q1 2023409525

Calls vs puts

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

CallsPuts
$0$100m$200m$300m$400mQ3 22 calls: $236.2mQ3 22 puts: $3.2mQ3 22P/C 0.01Q4 22 calls: $252.2mQ4 22 puts: $5.4mQ4 22P/C 0.02Q1 23 calls: $313.5mQ1 23 puts: $2.7mQ1 23P/C 0.01
Numbers
QuarterCallsPutsP/C
Q3 2022$236.2m$3.2m0.01
Q4 2022$252.2m$5.4m0.02
Q1 2023$313.5m$2.7m0.01

Biggest buyers

FMR LLC Added +923,493+923.5k
Varma Mutual Pension Insurance Co Added +905,955+906.0k
BANK OF AMERICA CORP /DE/ Added +259,746+259.7k
Relative Value Partners Group, LLC Added +219,435+219.4k
McKinley Carter Wealth Services, Inc. Added +188,292+188.3k
Simplicity Solutions, LLC New +116,988+117.0k
MONEY CONCEPTS CAPITAL CORP Added +110,187+110.2k
GOLDMAN SACHS GROUP INC Added +100,369+100.4k
CHURCHILL MANAGEMENT Corp New +96,272+96.3k
Amundi New +92,350+92.3k

Biggest sellers

JPMORGAN CHASE & CO Reduced -3,154,992-3.2m
ENVESTNET ASSET MANAGEMENT INC Reduced -721,298-721.3k
WELLS FARGO & COMPANY/MN Reduced -422,769-422.8k
TRUIST FINANCIAL CORP Reduced -346,883-346.9k
Allianz Asset Management GmbH Reduced -335,975-336.0k
HOHIMER WEALTH MANAGEMENT, LLC Reduced -310,144-310.1k
MORGAN STANLEY Reduced -290,249-290.2k
STIFEL FINANCIAL CORP Reduced -268,605-268.6k
World Investment Advisors Reduced -146,921-146.9k
PINKERTON WEALTH, LLC Reduced -124,450-124.5k

Biggest calls

Twin Tree Management, LP Added $172.2m1.4m shares
JANE STREET GROUP, LLC Reduced $100.8m812.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $16.8m110.6k shares
CenterStar Asset Management, LLC New $11.5m75.9k shares
Maven Securities LTD New $5.9m39.2k shares
CITADEL ADVISORS LLC Reduced $5.1m33.3k shares
WOLVERINE TRADING, LLC Reduced $749.0k5.0k shares
Belvedere Trading LLC New $409.8k2.7k shares
Cutler Group LLC / CA Added $8.0k2.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $2.7m18.0k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.36% of their portfolio NEW YORK, NY 18,379,06718.4m $2.8bn $2.8bn 0.36% Reduced -3.2m -3,154,992
2 MORGAN STANLEY 0.19% of their portfolio NEW YORK, NY 11,388,72211.4m $1.7bn $1.7bn 0.19% Reduced -290.2k -290,249
3 WELLS FARGO & COMPANY/MN 0.39% of their portfolio SAN FRANCISCO, CA 8,296,1188.3m $1.3bn $1.3bn 0.39% Reduced -422.8k -422,769
4 BANK OF AMERICA CORP /DE/ 0.12% of their portfolio CHARLOTTE, NC 7,012,7127.0m $1.1bn $1.1bn 0.12% Added +259.7k +259,746
5 ENVESTNET ASSET MANAGEMENT INC 0.28% of their portfolio Berwyn, PA 3,895,1403.9m $591.1m $591.1m 0.28% Reduced -721.3k -721,298
6 UBS Group AG 0.26% of their portfolio ZURICH, V8 3,704,6783.7m $562.2m $562.2m 0.26% Reduced -53.5k -53,542
7 GOLDMAN SACHS GROUP INC 0.13% of their portfolio NEW YORK, NY 3,246,1783.2m $492.6m $492.6m 0.13% Added +100.4k +100,369
8 AMERIPRISE FINANCIAL INC 0.12% of their portfolio MINNEAPOLIS, MN 2,416,0242.4m $366.7m $366.7m 0.12% Reduced -56.1k -56,059
9 STIFEL FINANCIAL CORP 0.48% of their portfolio ST. LOUIS, MO 2,207,6152.2m $335.0m $335.0m 0.48% Reduced -268.6k -268,605
10 LPL Financial LLC 0.23% of their portfolio FORT MILL, SC 1,948,8761.9m $295.8m $295.8m 0.23% Added +55.4k +55,367
11 FMR LLC 0.01% of their portfolio BOSTON, MA 1,874,0121.9m $284.4m $284.4m 0.01% Added +923.5k +923,493
12 PNC Financial Services Group, Inc. 0.19% of their portfolio Pittsburgh, PA 1,415,6571.4m $214.8m $214.8m 0.19% Added +7.7k +7,711
13 US BANCORP \DE\ 0.33% of their portfolio MINNEAPOLIS, MN 1,287,4171.3m $195.4m $195.4m 0.33% Reduced -37.4k -37,353
14 M&T Bank Corp 0.69% of their portfolio BUFFALO, NY 1,171,5021.2m $177.8m $177.8m 0.69% Reduced -73.5k -73,495
15 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 1,153,0021.2m $175.0m $175.0m 0.05% Reduced -37.2k -37,186
16 Mariner, LLC 0.50% of their portfolio Overland Park, KS 1,129,6021.1m $171.4m $171.4m 0.50% Reduced -12.3k -12,347
17 OSAIC HOLDINGS, INC. 0.30% of their portfolio SCOTTSDALE, AZ 1,050,3401.1m $159.5m $159.5m 0.30% Reduced -76.5k -76,481
18 HUNTINGTON NATIONAL BANK 1.44% of their portfolio COLUMBUS, OH 958,247958.2k $145.4m $145.4m 1.44% Added +65.9k +65,947
19 Varma Mutual Pension Insurance Co 1.77% of their portfolio Varma, H9 955,459955.5k $145.0m $145.0m 1.77% Added +906.0k +905,955
20 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 877,314877.3k $127.1k $127.1k 0.00% Added +41.9k +41,914
21 RAYMOND JAMES & ASSOCIATES 0.10% of their portfolio ST PETERSBURG, FL 780,304780.3k $118.4m $118.4m 0.10% Added +14.1k +14,147
22 COMMONWEALTH EQUITY SERVICES, LLC 0.24% of their portfolio WALTHAM, MA 747,441747.4k $113.4m $113.4m 0.24% Added +16.5k +16,455
23 Raymond James Financial Services Advisors, Inc. 0.21% of their portfolio ST. PETERSBURG, FL 730,126730.1k $110.8m $110.8m 0.21% Reduced -29.7k -29,669
24 TD AMERITRADE INVESTMENT MANAGEMENT, LLC 1.09% of their portfolio OMAHA, NE 702,849702.8k $106.7m $106.7m 1.09% Reduced -38.9k -38,915
25 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 2.97% of their portfolio MINNEAPOLIS, MN 664,367664.4k $100.8m $100.8m 2.97% Reduced -19.8k -19,782
26 MAI Capital Management 1.44% of their portfolio INDEPENDENCE, OH 598,934598.9k $90.9m $90.9m 1.44% Reduced -25.0k -24,995
27 CWM, LLC 0.57% of their portfolio OMAHA, NE 556,726556.7k $84.5m $84.5m 0.57% Reduced -17.4k -17,365
28 HighTower Advisors, LLC 0.17% of their portfolio CHICAGO, IL 518,258518.3k $78.6m $78.6m 0.17% Added +22.8k +22,753
29 Composition Wealth, LLC 2.50% of their portfolio LOS ANGELES, CA 508,969509.0k $77.2m $77.2m 2.50% Added +75.5k +75,469
30 Betterment LLC 0.25% of their portfolio NEW YORK, NY 498,897498.9k $75.7m $75.7m 0.25% Reduced -8.9k -8,889
31 LVZ, Inc. 10.75% of their portfolio Holland, MI 486,260486.3k $73.8m $73.8m 10.75% Reduced -88.9k -88,895
32 McKinley Carter Wealth Services, Inc. 5.74% of their portfolio WHEELING, WV 484,110484.1k $73.5m $73.5m 5.74% Added +188.3k +188,292
33 Relative Value Partners Group, LLC 2.49% of their portfolio NORTHBROOK, IL 481,154481.2k $73.0m $73.0m 2.49% Added +219.4k +219,435
34 J.P. Morgan Private Wealth Advisors LLC 0.15% of their portfolio SAN FRANCISCO, CA 454,076454.1k $68.9m $68.9m 0.15% Added +22.1k +22,121
35 HOME FEDERAL BANK OF TENNESSEE 23.53% of their portfolio KNOXVILLE, TN 416,733416.7k $63.2m $63.2m 23.53% Reduced -4.5k -4,465
36 Strategic Wealth Partners Group, LLC 9.95% of their portfolio DEERFIELD, IL 402,501402.5k $60.8m $60.8m 9.95% Added +28.3k +28,338
37 Valmark Advisers, Inc. 1.30% of their portfolio AKRON, OH 398,758398.8k $60.5m $60.5m 1.30% Reduced -5.1k -5,069
38 FIRST HAWAIIAN BANK 1.76% of their portfolio HONOLULU, HI 342,854342.9k $52.0m $52.0m 1.76% Reduced -5.1k -5,144
39 Cetera Advisors LLC 0.86% of their portfolio DENVER, CO 340,549340.5k $51.7m $51.7m 0.86% Reduced -3.8k -3,841
40 Financial Engines Advisors L.L.C. 0.14% of their portfolio SANTA CLARA, CA 340,496340.5k $51.7m $51.7m 0.14% Reduced -98.6k -98,645
41 FIFTH THIRD BANCORP 0.24% of their portfolio CINCINNATI, OH 336,672336.7k $51.1m $51.1m 0.24% Reduced -13.8k -13,844
42 PHILLIPS FINANCIAL MANAGEMENT, LLC 4.93% of their portfolio FORT WAYNE, IN 336,528336.5k $51.1m $51.1m 4.93% Reduced -2.2k -2,207
43 Equitable Holdings, Inc. 0.81% of their portfolio NEW YORK, NY 335,559335.6k $50.9m $50.9m 0.81% Reduced -15.3k -15,315
44 BARCLAYS PLC 0.05% of their portfolio LONDON, X0 331,201331.2k $50.3m $50.3m 0.05% Reduced -12.0k -12,025
45 Baird Financial Group, Inc. 0.12% of their portfolio MILWAUKEE, WI 328,319328.3k $49.8m $49.8m 0.12% Reduced -27.9k -27,851
46 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 327,255327.3k $49.7m $49.7m 0.02% Added +34.7k +34,741
47 Smith Anglin Financial, LLC 7.18% of their portfolio DALLAS, TX 317,617317.6k $48.2m $48.2m 7.18% Added +21.9k +21,948
48 AMARILLO NATIONAL BANK 9.66% of their portfolio AMARILLO, TX 316,458316.5k $48.0m $48.0m 9.66% Reduced -6.5k -6,489
49 Salomon & Ludwin, LLC 5.62% of their portfolio RICHMOND, VA 310,772310.8k $47.2m $47.2m 5.62% Added +3.1k +3,141
50 COURIER CAPITAL LLC 5.19% of their portfolio BUFFALO, NY 309,636309.6k $47.0m $47.0m 5.19% Reduced -1.1k -1,104
51 Rehmann Capital Advisory Group 4.37% of their portfolio LANSING, MI 306,255306.3k $46.5m $46.5m 4.37% Added +26.2k +26,196
52 Strategic Point Investment Advisors, LLC 10.26% of their portfolio PROVIDENCE, RI 303,950303.9k $46.1m $46.1m 10.26% Reduced -70 -70
53 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 279,444279.4k $42.4m $42.4m 0.06% Reduced -27.1k -27,056
54 Halpern Financial, Inc. 14.88% of their portfolio ASHBURN, VA 272,735272.7k $41.4m $41.4m 14.88% Reduced -2.0k -1,965
55 Frank, Rimerman Advisors LLC 11.32% of their portfolio Palo Alto, CA 269,955270.0k $41.0m $41.0m 11.32% Unchanged
56 Koss-Olinger Consulting, LLC 5.03% of their portfolio GAINESVILLE, FL 265,718265.7k $40.3m $40.3m 5.03% Added +21.4k +21,355
57 KEYBANK NATIONAL ASSOCIATION/OH 0.19% of their portfolio BROOKLYN, OH 265,687265.7k $40.3m $40.3m 0.19% Reduced -4.3k -4,277
58 Praetorian Wealth Management, Inc. 12.52% of their portfolio CARMEL, CA 253,861253.9k $38.5m $38.5m 12.52% Added +6.6k +6,599
59 LPWM LLC 18.18% of their portfolio MINNEAPOLIS, MN 249,212249.2k $37.8m $37.8m 18.18% Added +6.3k +6,275
60 Cambridge Investment Research Advisors, Inc. 0.18% of their portfolio FAIRFIELD, IA 248,479248.5k $37.7m $37.7m 0.18% Reduced -106.0k -105,993
61 1834 INVESTMENT ADVISORS CO 4.50% of their portfolio Milwaukee, WI 247,539247.5k $37.6m $37.6m 4.50% Reduced -3.1k -3,069
62 Berkshire Money Management, Inc. 5.39% of their portfolio DALTON, MA 234,299234.3k $35.6m $35.6m 5.39% Added +30.5k +30,475
63 TRUIST FINANCIAL CORP 0.06% of their portfolio CHARLOTTE, NC 213,348213.3k $32.4m $32.4m 0.06% Reduced -346.9k -346,883
64 Kestra Advisory Services, LLC 0.35% of their portfolio AUSTIN, TX 211,558211.6k $32.1m $32.1m 0.35% Reduced -106.3k -106,319
65 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.18% of their portfolio IRVING, TX 210,060210.1k $31.9m $31.9m 0.18% Reduced -19.8k -19,759
66 Baker Avenue Asset Management, LP 1.69% of their portfolio SAN FRANCISCO, CA 206,885206.9k $31.4m $31.4m 1.69% Reduced -1.2k -1,221
67 MONETA GROUP INVESTMENT ADVISORS LLC 0.65% of their portfolio ST LOUIS, MO 178,558178.6k $27.1m $27.1m 0.65% Added +60.4k +60,385
68 GREENLEAF TRUST 0.30% of their portfolio KALAMAZOO, MI 177,371177.4k $26.9m $26.9m 0.30% Reduced -2.9k -2,904
69 FINANCIAL LIFE ADVISORS 11.42% of their portfolio SAN ANTONIO, TX 175,008175.0k $26.6m $26.6m 11.42% Added +9.2k +9,232
70 REGIONS FINANCIAL CORP 0.24% of their portfolio BIRMINGHAM, AL 173,857173.9k $26.4m $26.4m 0.24% Reduced -3.2k -3,238
71 Ameritas Investment Partners, Inc. 1.04% of their portfolio LINCOLN, NE 173,836173.8k $26.4m $26.4m 1.04% Reduced -5.0k -4,978
72 Cetera Investment Advisers 0.23% of their portfolio SCHAUMBURG, IL 172,284172.3k $26.1m $26.1m 0.23% Reduced -819 -819
73 North Star Investment Management Corp. 2.13% of their portfolio CHICAGO, IL 169,979170.0k $25.8m $25.8m 2.13% Added +15.3k +15,280
74 EVOKE WEALTH, LLC 0.94% of their portfolio Los Angeles, CA 169,416169.4k $25.7m $25.7m 0.94% Reduced -32.7k -32,709
75 Per Stirling Capital Management, LLC. 5.51% of their portfolio AUSTIN, TX 168,382168.4k $25.6m $25.6m 5.51% Reduced -28.5k -28,451
76 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.32% of their portfolio Madrid, U3 168,015168.0k $25.5m $25.5m 0.32% Reduced -60.8k -60,760
77 TD Waterhouse Canada Inc. 0.30% of their portfolio TORONTO, A6 161,157161.2k $28.8m $28.8m 0.30% Reduced -5.0k -4,997
78 Janney Montgomery Scott LLC 0.10% of their portfolio PHILADELPHIA, PA 160,932160.9k $24.4m $24.4m 0.10% Reduced -3.9k -3,918
79 Cetera Advisor Networks LLC 0.18% of their portfolio EL SEGUNDO, CA 159,749159.7k $24.2m $24.2m 0.18% Reduced -31.6k -31,609
80 CAPTRUST FINANCIAL ADVISORS 0.11% of their portfolio RALEIGH, NC 158,729158.7k $24.1m $24.1m 0.11% Reduced -4.6k -4,647
81 Transform Wealth, LLC 2.23% of their portfolio GREENWOOD VILLAGE, CO 155,972156.0k $23.7m $23.7m 2.23% Reduced -1.4k -1,391
82 CONDOR CAPITAL MANAGEMENT 2.88% of their portfolio MARTINSVILLE, NJ 151,473151.5k $23.0m $23.0m 2.88% Reduced -1.0k -1,049
83 Powell Investment Advisors, LLC 12.27% of their portfolio MIAMI, FL 145,268145.3k $22.0m $22.0m 12.27% Added +1.6k +1,626
84 Spire Wealth Management 0.85% of their portfolio MCLEAN, VA 143,518143.5k $21.8m $21.8m 0.85% Added +32.3k +32,286
85 JONES FINANCIAL COMPANIES LLLP 0.04% of their portfolio DES PERES, MO 143,204143.2k $21.7m $21.7m 0.04% Reduced -4.8k -4,757
86 ENCOMPASS WEALTH ADVISORS, LLC 7.27% of their portfolio PORTLAND, OR 140,685140.7k $21.4m $21.4m 7.27% Added +60 +60
87 Polaris Wealth Advisory Group, LLC 1.56% of their portfolio SAN RAFAEL, CA 139,426139.4k $21.2m $21.2m 1.56% Reduced -100.0k -100,027
88 Texas Capital Bank Wealth Management Services Inc 2.41% of their portfolio Dallas, TX 136,974137.0k $20.8m $20.8m 2.41% Reduced -93.6k -93,558
89 BOK Financial Private Wealth, Inc. 1.67% of their portfolio DENVER, CO 136,970137.0k $20.8m $20.8m 1.67% Reduced -3.3k -3,282
90 DROMS STRAUSS ADVISORS INC /MO/ /ADV 9.37% of their portfolio ST. LOUIS, MO 136,792136.8k $20.8m $20.8m 9.37% Added +1.5k +1,474
91 Private Advisor Group, LLC 0.20% of their portfolio MORRISTOWN, NJ 136,126136.1k $20.7m $20.7m 0.20% Added +20.4k +20,352
92 SMITH, MOORE & CO. 2.67% of their portfolio CLAYTON, MO 129,490129.5k $19.7m $19.7m 2.67% Reduced -2.1k -2,056
93 DDFG, Inc 7.58% of their portfolio THOUSAND OAKS, CA 128,479128.5k $19.5m $19.5m 7.58% Reduced -1.2k -1,228
94 TD PRIVATE CLIENT WEALTH LLC 0.87% of their portfolio NEW YORK, NY 127,737127.7k $19.4m $19.4m 0.87% Added +19.6k +19,625
95 Lutz Financial Services LLC 2.20% of their portfolio OMAHA, NE 127,050127.0k $19.3m $19.3m 2.20% Reduced -1.7k -1,738
96 Independent Solutions Wealth Management, LLC 5.67% of their portfolio Williamsville, NY 126,838126.8k $19.2m $19.2m 5.67% Reduced -4.1k -4,096
97 CX Institutional 1.02% of their portfolio AUBURN, IN 126,395126.4k $19.2m $19.2m 1.02% Added +30.2k +30,190
98 MMA ASSET MANAGEMENT LLC 13.50% of their portfolio New York, NY 124,393124.4k $18.9m $18.9m 13.50% Added +17.2k +17,177
99 Veritable, L.P. 0.32% of their portfolio Newtown Square, PA 124,120124.1k $18.8m $18.8m 0.32% Reduced -1.3k -1,340
100 Robertson Stephens Wealth Management, LLC 1.43% of their portfolio San Francisco, CA 122,039122.0k $18.5m $18.5m 1.43% Added +14.5k +14,520