Vault-13

ISHARES TR IVE

S&P 500 VAL ETF · ETP · CUSIP 464287408

1,148 institutional holders +22 vs Q1 2023
110,928,754110.9m shares reported held*
$18.0bnreported value*
72 new 346 added 452 reduced 59 sold out net sold ≈ $407.8m (-2.5m 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 ($14.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $162.40. Options: 8 managers hold calls ($290.7m notional), 2 hold puts ($2.9m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,048Q4 22: 1,117Q1 23: 1,126Q2 23: 1,1481,148Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 20221,048
Q4 20221,117
Q1 20231,126
Q2 20231,148

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 23Q2 23: 418 bought or addedQ2 23: 511 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022467421
Q1 2023409525
Q2 2023418511

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 0.01Q2 23 calls: $290.7mQ2 23 puts: $2.9mQ2 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
Q2 2023$290.7m$2.9m0.01

Biggest buyers

MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +458,758+458.8k
AMERIPRISE FINANCIAL INC Added +258,874+258.9k
LJI Wealth Management, LLC Added +207,503+207.5k
ENVESTNET ASSET MANAGEMENT INC Added +147,660+147.7k
MMA ASSET MANAGEMENT LLC Added +133,117+133.1k
Polaris Wealth Advisory Group, LLC Added +129,065+129.1k
McKinley Carter Wealth Services, Inc. Added +108,751+108.8k
Kestra Advisory Services, LLC Added +98,270+98.3k
Johnson Midwest Financial, LLC New +91,447+91.4k
Warwick Investment Management, Inc. Added +82,558+82.6k

Biggest sellers

JPMORGAN CHASE & CO Reduced -1,105,267-1.1m
FMR LLC Reduced -967,426-967.4k
Varma Mutual Pension Insurance Co Reduced -724,609-724.6k
Relative Value Partners Group, LLC Reduced -245,967-246.0k
WELLS FARGO & COMPANY/MN Reduced -206,432-206.4k
GOLDMAN SACHS GROUP INC Reduced -193,200-193.2k
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. Reduced -163,917-163.9k
Simplicity Solutions, LLC Reduced -108,239-108.2k
MONEY CONCEPTS CAPITAL CORP Reduced -102,707-102.7k
Lido Advisors, LLC Reduced -85,267-85.3k

Biggest calls

Twin Tree Management, LP Reduced $165.1m1.3m shares
JANE STREET GROUP, LLC Added $100.3m849.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $14.7m91.5k shares
CITADEL ADVISORS LLC Added $7.2m44.7k shares
Belvedere Trading LLC Added $2.3m14.3k shares
WOLVERINE TRADING, LLC Added $1.0m6.4k shares
OSAIC HOLDINGS, INC. New $4.1k6 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

IAMS WEALTH MANAGEMENT, LLC New $1.5m9.6k shares
CITADEL ADVISORS LLC Reduced $1.4m8.6k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.32% of their portfolio NEW YORK, NY 17,273,80017.3m $2.8bn $2.8bn 0.32% Reduced -1.1m -1,105,267
2 MORGAN STANLEY 0.18% of their portfolio NEW YORK, NY 11,348,04111.3m $1.8bn $1.8bn 0.18% Reduced -40.7k -40,681
3 WELLS FARGO & COMPANY/MN 0.38% of their portfolio SAN FRANCISCO, CA 8,089,6868.1m $1.3bn $1.3bn 0.38% Reduced -206.4k -206,432
4 BANK OF AMERICA CORP /DE/ 0.13% of their portfolio CHARLOTTE, NC 7,013,4937.0m $1.1bn $1.1bn 0.13% Added +781 +781
5 ENVESTNET ASSET MANAGEMENT INC 0.29% of their portfolio Berwyn, PA 4,042,8004.0m $651.7m $651.7m 0.29% Added +147.7k +147,660
6 UBS Group AG 0.26% of their portfolio ZURICH, V8 3,647,0393.6m $587.9m $587.9m 0.26% Reduced -57.6k -57,639
7 GOLDMAN SACHS GROUP INC 0.13% of their portfolio NEW YORK, NY 3,052,9783.1m $492.1m $492.1m 0.13% Reduced -193.2k -193,200
8 AMERIPRISE FINANCIAL INC 0.14% of their portfolio MINNEAPOLIS, MN 2,674,8982.7m $431.4m $431.4m 0.14% Added +258.9k +258,874
9 STIFEL FINANCIAL CORP 0.47% of their portfolio ST. LOUIS, MO 2,141,5902.1m $345.2m $345.2m 0.47% Reduced -66.0k -66,025
10 LPL Financial LLC 0.22% of their portfolio FORT MILL, SC 1,917,0191.9m $309.0m $309.0m 0.22% Reduced -31.9k -31,857
11 PNC Financial Services Group, Inc. 0.20% of their portfolio Pittsburgh, PA 1,426,2721.4m $229.9m $229.9m 0.20% Added +10.6k +10,615
12 US BANCORP \DE\ 0.35% of their portfolio MINNEAPOLIS, MN 1,324,3041.3m $213.5m $213.5m 0.35% Added +36.9k +36,887
13 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 1,150,5521.2m $185.5m $185.5m 0.05% Reduced -2.5k -2,450
14 M&T Bank Corp 0.68% of their portfolio BUFFALO, NY 1,130,5071.1m $182.2m $182.2m 0.68% Reduced -41.0k -40,995
15 Mariner, LLC 0.46% of their portfolio Overland Park, KS 1,075,8011.1m $173.4m $173.4m 0.46% Reduced -53.8k -53,801
16 OSAIC HOLDINGS, INC. 0.30% of their portfolio SCOTTSDALE, AZ 1,036,8341.0m $167.2m $167.2m 0.30% Reduced -13.5k -13,506
17 HUNTINGTON NATIONAL BANK 1.43% of their portfolio COLUMBUS, OH 955,633955.6k $154.0m $154.0m 1.43% Reduced -2.6k -2,614
18 FMR LLC 0.01% of their portfolio BOSTON, MA 906,586906.6k $146.1m $146.1m 0.01% Reduced -967.4k -967,426
19 Lido Advisors, LLC 1.45% of their portfolio Los Angeles, CA 792,047792.0k $127.7m $127.7m 1.45% Reduced -85.3k -85,267
20 COMMONWEALTH EQUITY SERVICES, LLC 0.26% of their portfolio WALTHAM, MA 777,856777.9k $125.4m $125.4m 0.26% Added +30.4k +30,415
21 Raymond James Financial Services Advisors, Inc. 0.22% of their portfolio ST. PETERSBURG, FL 766,034766.0k $123.5m $123.5m 0.22% Added +35.9k +35,908
22 RAYMOND JAMES & ASSOCIATES 0.10% of their portfolio ST PETERSBURG, FL 749,865749.9k $120.9m $120.9m 0.10% Reduced -30.4k -30,439
23 TD AMERITRADE INVESTMENT MANAGEMENT, LLC 1.14% of their portfolio OMAHA, NE 664,816664.8k $107.2m $107.2m 1.14% Reduced -38.0k -38,033
24 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 2.99% of their portfolio MINNEAPOLIS, MN 662,419662.4k $106.8m $106.8m 2.99% Reduced -1.9k -1,948
25 MAI Capital Management 1.49% of their portfolio INDEPENDENCE, OH 625,465625.5k $100.8m $100.8m 1.49% Added +26.5k +26,531
26 McKinley Carter Wealth Services, Inc. 7.17% of their portfolio WHEELING, WV 592,861592.9k $95.6m $95.6m 7.17% Added +108.8k +108,751
27 CWM, LLC 0.56% of their portfolio OMAHA, NE 562,211562.2k $90.6m $90.6m 0.56% Added +5.5k +5,485
28 HighTower Advisors, LLC 0.16% of their portfolio CHICAGO, IL 510,468510.5k $82.3m $82.3m 0.16% Reduced -7.8k -7,790
29 Betterment LLC 0.24% of their portfolio NEW YORK, NY 484,980485.0k $78.2m $78.2m 0.24% Reduced -13.9k -13,917
30 Composition Wealth, LLC 2.37% of their portfolio LOS ANGELES, CA 483,312483.3k $77.9m $77.9m 2.37% Reduced -25.7k -25,657
31 LVZ, Inc. 10.73% of their portfolio Holland, MI 477,605477.6k $77.0m $77.0m 10.73% Reduced -8.7k -8,655
32 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio Toronto, A6 460,838460.8k $74.3m $74.3m 0.04% Added +458.8k +458,758
33 Strategic Wealth Partners Group, LLC 10.43% of their portfolio DEERFIELD, IL 447,361447.4k $72.1m $72.1m 10.43% Added +44.9k +44,860
34 J.P. Morgan Private Wealth Advisors LLC 0.34% of their portfolio SAN FRANCISCO, CA 408,800408.8k $65.9m $65.9m 0.34% Reduced -45.3k -45,276
35 HOME FEDERAL BANK OF TENNESSEE 23.26% of their portfolio KNOXVILLE, TN 408,051408.1k $65.8m $65.8m 23.26% Reduced -8.7k -8,682
36 Valmark Advisers, Inc. 1.22% of their portfolio AKRON, OH 371,578371.6k $59.9m $59.9m 1.22% Reduced -27.2k -27,180
37 Equitable Holdings, Inc. 0.83% of their portfolio NEW YORK, NY 356,585356.6k $57.5m $57.5m 0.83% Added +21.0k +21,026
38 FIFTH THIRD BANCORP 0.25% of their portfolio CINCINNATI, OH 347,516347.5k $56.0m $56.0m 0.25% Added +10.8k +10,844
39 Cetera Advisors LLC 0.88% of their portfolio DENVER, CO 345,186345.2k $55.6m $55.6m 0.88% Added +4.6k +4,637
40 Rehmann Capital Advisory Group 4.89% of their portfolio LANSING, MI 338,557338.6k $54.6m $54.6m 4.89% Added +32.3k +32,302
41 FIRST HAWAIIAN BANK 1.76% of their portfolio HONOLULU, HI 334,643334.6k $53.9m $53.9m 1.76% Reduced -8.2k -8,211
42 Smith Anglin Financial, LLC 6.47% of their portfolio DALLAS, TX 330,625330.6k $53.3m $53.3m 6.47% Added +13.0k +13,008
43 BARCLAYS PLC 0.03% of their portfolio LONDON, X0 330,026330.0k $53.2m $53.2m 0.03% Reduced -1.2k -1,175
44 Baird Financial Group, Inc. 0.14% of their portfolio MILWAUKEE, WI 328,003328.0k $52.9m $52.9m 0.14% Reduced -316 -316
45 Financial Engines Advisors L.L.C. 0.13% of their portfolio SANTA CLARA, CA 324,555324.6k $52.3m $52.3m 0.13% Reduced -15.9k -15,941
46 AMARILLO NATIONAL BANK 9.89% of their portfolio AMARILLO, TX 316,307316.3k $51.0m $51.0m 9.89% Reduced -151 -151
47 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 313,570313.6k $50.6m $50.6m 0.02% Reduced -13.7k -13,685
48 Salomon & Ludwin, LLC 5.38% of their portfolio RICHMOND, VA 313,555313.6k $50.5m $50.5m 5.38% Added +2.8k +2,783
49 Kestra Advisory Services, LLC 0.50% of their portfolio AUSTIN, TX 309,828309.8k $49.9m $49.9m 0.50% Added +98.3k +98,270
50 COURIER CAPITAL LLC 3.91% of their portfolio BUFFALO, NY 308,284308.3k $49.7m $49.7m 3.91% Reduced -1.4k -1,352
51 PHILLIPS FINANCIAL MANAGEMENT, LLC 4.46% of their portfolio FORT WAYNE, IN 298,484298.5k $48.1m $48.1m 4.46% Reduced -38.0k -38,044
52 Strategic Point Investment Advisors, LLC 9.84% of their portfolio PROVIDENCE, RI 297,546297.5k $48.0m $48.0m 9.84% Reduced -6.4k -6,404
53 Probity Advisors, Inc. 10.24% of their portfolio DALLAS, TX 290,916290.9k $46.9m $46.9m 10.24% First filing
54 Halpern Financial, Inc. 15.60% of their portfolio ASHBURN, VA 282,503282.5k $45.5m $45.5m 15.60% Added +9.8k +9,768
55 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 278,433278.4k $44.9m $44.9m 0.06% Reduced -1.0k -1,011
56 Koss-Olinger Consulting, LLC 5.09% of their portfolio GAINESVILLE, FL 272,153272.2k $43.9m $43.9m 5.09% Added +6.4k +6,435
57 Frank, Rimerman Advisors LLC 10.40% of their portfolio Palo Alto, CA 269,955270.0k $43.5m $43.5m 10.40% Unchanged
58 Polaris Wealth Advisory Group, LLC 3.28% of their portfolio SAN RAFAEL, CA 268,491268.5k $43.3m $43.3m 3.28% Added +129.1k +129,065
59 KEYBANK NATIONAL ASSOCIATION/OH 0.19% of their portfolio BROOKLYN, OH 260,339260.3k $42.0m $42.0m 0.19% Reduced -5.3k -5,348
60 Praetorian Wealth Management, Inc. 12.85% of their portfolio CARMEL, CA 258,073258.1k $41.6m $41.6m 12.85% Added +4.2k +4,212
61 MMA ASSET MANAGEMENT LLC 12.53% of their portfolio New York, NY 257,510257.5k $41.5m $41.5m 12.53% Added +133.1k +133,117
62 Cambridge Investment Research Advisors, Inc. 0.19% of their portfolio FAIRFIELD, IA 255,353255.4k $41.2m $41.2m 0.19% Added +6.9k +6,874
63 LPWM LLC 17.87% of their portfolio MINNEAPOLIS, MN 250,804250.8k $40.5m $40.5m 17.87% Added +1.6k +1,592
64 1834 INVESTMENT ADVISORS CO 4.62% of their portfolio Milwaukee, WI 240,498240.5k $38.8m $38.8m 4.62% Reduced -7.0k -7,041
65 Relative Value Partners Group, LLC 2.45% of their portfolio NORTHBROOK, IL 235,187235.2k $37.9m $37.9m 2.45% Reduced -246.0k -245,967
66 Berkshire Money Management, Inc. 5.46% of their portfolio DALTON, MA 234,529234.5k $37.8m $37.8m 5.46% Added +230 +230
67 Varma Mutual Pension Insurance Co 0.45% of their portfolio Varma, H9 230,850230.8k $37.2m $37.2m 0.45% Reduced -724.6k -724,609
68 MONETA GROUP INVESTMENT ADVISORS LLC 0.78% of their portfolio ST LOUIS, MO 219,128219.1k $35.3m $35.3m 0.78% Added +40.6k +40,570
69 Rockefeller Capital Management L.P. 0.13% of their portfolio NEW YORK, NY 216,197216.2k $34.8m $34.8m 0.13% First filing
70 LJI Wealth Management, LLC 0.15% of their portfolio INDIANAPOLIS, IN 210,632210.6k $513.5k $513.5k 0.15% Added +207.5k +207,503
71 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 202,360202.4k $32.6m $32.6m 0.05% Reduced -11.0k -10,988
72 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.18% of their portfolio IRVING, TX 201,255201.3k $32.4m $32.4m 0.18% Reduced -8.8k -8,805
73 REGIONS FINANCIAL CORP 0.27% of their portfolio BIRMINGHAM, AL 197,452197.5k $31.8m $31.8m 0.27% Added +23.6k +23,595
74 Warwick Investment Management, Inc. 11.29% of their portfolio BRYAN, TX 178,250178.2k $28.7m $28.7m 11.29% Added +82.6k +82,558
75 Quantitative Strategies, Inc. 19.28% of their portfolio CALABASAS, CA 178,216178.2k $28.7m $28.7m 19.28% First filing
76 FINANCIAL LIFE ADVISORS 11.92% of their portfolio SAN ANTONIO, TX 177,239177.2k $28.6m $28.6m 11.92% Added +2.2k +2,231
77 Baker Avenue Asset Management, LP 1.44% of their portfolio SAN FRANCISCO, CA 176,979177.0k $28.5m $28.5m 1.44% Reduced -29.9k -29,906
78 GREENLEAF TRUST 0.30% of their portfolio KALAMAZOO, MI 175,915175.9k $28.4m $28.4m 0.30% Reduced -1.5k -1,456
79 Cetera Investment Advisers 0.23% of their portfolio SCHAUMBURG, IL 171,808171.8k $27.7m $27.7m 0.23% Reduced -476 -476
80 North Star Investment Management Corp. 2.24% of their portfolio CHICAGO, IL 171,682171.7k $27.7m $27.7m 2.24% Added +1.7k +1,703
81 Ameritas Investment Partners, Inc. 1.03% of their portfolio LINCOLN, NE 169,453169.5k $27.3m $27.3m 1.03% Reduced -4.4k -4,383
82 Cetera Advisor Networks LLC 0.19% of their portfolio EL SEGUNDO, CA 168,575168.6k $27.2m $27.2m 0.19% Added +8.8k +8,826
83 EVOKE WEALTH, LLC 0.94% of their portfolio Los Angeles, CA 167,873167.9k $27.1m $27.1m 0.94% Reduced -1.5k -1,543
84 BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio PARIS, I0 166,195166.2k $26.8m $26.8m 0.05% Added +46.2k +46,158
85 TD Waterhouse Canada Inc. 0.33% of their portfolio TORONTO, A6 164,320164.3k $33.2m $33.2m 0.33% Added +3.2k +3,163
86 SMITH, MOORE & CO. 3.35% of their portfolio CLAYTON, MO 163,244163.2k $26.3m $26.3m 3.35% Added +33.8k +33,754
87 Janney Montgomery Scott LLC 0.09% of their portfolio PHILADELPHIA, PA 158,336158.3k $25.5m $25.5m 0.09% Reduced -2.6k -2,596
88 Transform Wealth, LLC 2.28% of their portfolio GREENWOOD VILLAGE, CO 157,305157.3k $25.4m $25.4m 2.28% Added +1.3k +1,333
89 CONDOR CAPITAL MANAGEMENT 2.92% of their portfolio MARTINSVILLE, NJ 151,115151.1k $24.4m $24.4m 2.92% Reduced -358 -358
90 Private Advisor Group, LLC 0.21% of their portfolio MORRISTOWN, NJ 150,336150.3k $24.4m $24.4m 0.21% Added +14.2k +14,210
91 Per Stirling Capital Management, LLC. 4.92% of their portfolio AUSTIN, TX 149,995150.0k $24.2m $24.2m 4.92% Reduced -18.4k -18,387
92 Spire Wealth Management 0.89% of their portfolio MCLEAN, VA 148,843148.8k $24.0m $24.0m 0.89% Added +5.3k +5,325
93 CAPTRUST FINANCIAL ADVISORS 0.09% of their portfolio RALEIGH, NC 145,343145.3k $23.4m $23.4m 0.09% Reduced -13.4k -13,386
94 ENCOMPASS WEALTH ADVISORS, LLC 7.40% of their portfolio PORTLAND, OR 141,101141.1k $22.7m $22.7m 7.40% Added +416 +416
95 JONES FINANCIAL COMPANIES LLLP 0.04% of their portfolio DES PERES, MO 140,720140.7k $22.7m $22.7m 0.04% Reduced -2.5k -2,484
96 Powell Investment Advisors, LLC 12.87% of their portfolio MIAMI, FL 136,661136.7k $22.0m $22.0m 12.87% Reduced -8.6k -8,607
97 DROMS STRAUSS ADVISORS INC /MO/ /ADV 8.50% of their portfolio ST. LOUIS, MO 135,737135.7k $21.9m $21.9m 8.50% Reduced -1.1k -1,055
98 BOK Financial Private Wealth, Inc. 1.74% of their portfolio DENVER, CO 132,762132.8k $21.4m $21.4m 1.74% Reduced -4.2k -4,208
99 CX Institutional 1.10% of their portfolio AUBURN, IN 131,315131.3k $21.2m $21.2m 1.10% Added +4.9k +4,920
100 AVANTAX ADVISORY SERVICES, INC. 0.24% of their portfolio DALLAS, TX 128,489128.5k $20.7m $20.7m 0.24% Added +27.0k +27,003