Vault-13

ISHARES TR IVE

S&P 500 VAL ETF · ETP · CUSIP 464287408

1,358 institutional holders +101 vs Q4 2023
180,829,918180.8m shares reported held*
$34.1bnreported value*
170 new 491 added 420 reduced 68 sold out net bought ≈ $6.8bn (+36.6m 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 ($10.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $188.45. Options: 8 managers hold calls ($123.3m notional), 3 hold puts ($1.7m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,048Q4 22: 1,117Q1 23: 1,126Q2 23: 1,148Q3 23: 1,148Q4 23: 1,257Q1 24: 1,3581,358Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 20221,048
Q4 20221,117
Q1 20231,126
Q2 20231,148
Q3 20231,148
Q4 20231,257
Q1 20241,358

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 23Q3 23: 357 bought or addedQ3 23: 516 cut or sold outQ3 23Q4 23: 479 bought or addedQ4 23: 482 cut or sold outQ4 23Q1 24: 661 bought or addedQ1 24: 488 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022467421
Q1 2023409525
Q2 2023418511
Q3 2023357516
Q4 2023479482
Q1 2024661488

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ2 23 calls: $290.7mQ2 23 puts: $2.9mQ2 23P/C 0.01Q3 23 calls: $35.6mQ3 23 puts: $3.9mQ3 23P/C 0.11Q4 23 calls: $197.5mQ4 23 puts: $2.1mQ4 23P/C 0.01Q1 24 calls: $123.3mQ1 24 puts: $1.7mQ1 24P/C 0.01
Numbers
QuarterCallsPutsP/C
Q2 2023$290.7m$2.9m0.01
Q3 2023$35.6m$3.9m0.11
Q4 2023$197.5m$2.1m0.01
Q1 2024$123.3m$1.7m0.01

Biggest buyers

MORGAN STANLEY Added +13,884,225+13.9m
ENVESTNET ASSET MANAGEMENT INC Added +7,646,227+7.6m
LPL Financial LLC Added +2,068,642+2.1m
JPMORGAN CHASE & CO Added +1,723,408+1.7m
Cetera Investment Advisers Added +1,270,256+1.3m
BlackRock Inc. Added +1,252,768+1.3m
Envestnet Portfolio Solutions, Inc. Added +1,149,497+1.1m
CWM, LLC Added +1,040,767+1.0m
PARK AVENUE SECURITIES LLC Added +839,744+839.7k
BANK OF AMERICA CORP /DE/ Added +716,794+716.8k

Biggest sellers

Cetera Advisor Networks LLC Sold out -629,436-629.4k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -344,518-344.5k
OSAIC HOLDINGS, INC. Reduced -329,697-329.7k
Lido Advisors, LLC Reduced -285,611-285.6k
Koss-Olinger Consulting, LLC Sold out -281,589-281.6k
Cetera Advisors LLC Sold out -262,635-262.6k
Davis Selected Advisers Sold out -139,545-139.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -137,262-137.3k
Smith Anglin Financial, LLC Reduced -135,335-135.3k
Warwick Investment Management, Inc. Sold out -115,809-115.8k

Biggest calls

JANE STREET GROUP, LLC Added $93.3m738.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $19.1m102.3k shares
IMC-Chicago, LLC Added $7.1m39.3k shares
CITADEL ADVISORS LLC Reduced $2.4m12.8k shares
Belvedere Trading LLC Reduced $1.3m7.2k shares
Cutler Group LLC / CA Reduced $34.0k1.6k shares
OSAIC HOLDINGS, INC. Unchanged $5.2k2 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.1m5.9k shares
CITADEL ADVISORS LLC Reduced $635.2k3.4k shares
Cutler Group LLC / CA Unchanged $02.3k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.18% of their portfolio NEW YORK, NY 36,635,92536.6m $6.8bn $6.8bn 0.18% Added +13.9m +13,884,225
2 JPMORGAN CHASE & CO 0.30% of their portfolio NEW YORK, NY 35,552,17835.6m $6.6bn $6.6bn 0.30% Added +1.7m +1,723,408
3 ENVESTNET ASSET MANAGEMENT INC 0.83% of their portfolio Berwyn, PA 11,960,39012.0m $2.2bn $2.2bn 0.83% Added +7.6m +7,646,227
4 BANK OF AMERICA CORP /DE/ 0.14% of their portfolio CHARLOTTE, NC 7,808,7377.8m $1.5bn $1.5bn 0.14% Added +716.8k +716,794
5 WELLS FARGO & COMPANY/MN 0.37% of their portfolio SAN FRANCISCO, CA 7,511,9717.5m $1.4bn $1.4bn 0.37% Reduced -54.0k -53,974
6 GOLDMAN SACHS GROUP INC 0.18% of their portfolio NEW YORK, NY 4,653,7254.7m $869.4m $869.4m 0.18% Reduced -30.6k -30,629
7 LPL Financial LLC 0.41% of their portfolio FORT MILL, SC 4,058,1904.1m $758.1m $758.1m 0.41% Added +2.1m +2,068,642
8 UBS Group AG 0.22% of their portfolio ZURICH, V8 3,508,1033.5m $655.3m $655.3m 0.22% Reduced -50.3k -50,279
9 AMERIPRISE FINANCIAL INC 0.13% of their portfolio MINNEAPOLIS, MN 2,465,7152.5m $463.9m $463.9m 0.13% Added +404.9k +404,912
10 STIFEL FINANCIAL CORP 0.52% of their portfolio ST. LOUIS, MO 2,424,5272.4m $452.9m $452.9m 0.52% Added +229.2k +229,192
11 PNC Financial Services Group, Inc. 0.22% of their portfolio Pittsburgh, PA 1,732,3901.7m $323.6m $323.6m 0.22% Added +144.3k +144,297
12 US BANCORP \DE\ 0.40% of their portfolio MINNEAPOLIS, MN 1,539,0811.5m $287.5m $287.5m 0.40% Added +139.3k +139,258
13 CWM, LLC 1.36% of their portfolio OMAHA, NE 1,496,3481.5m $279.5m $279.5m 1.36% Added +1.0m +1,040,767
14 Cetera Investment Advisers 0.62% of their portfolio SCHAUMBURG, IL 1,410,5161.4m $263.5m $263.5m 0.62% Added +1.3m +1,270,256
15 Envestnet Portfolio Solutions, Inc. 0.97% of their portfolio BERWYN, PA 1,377,6421.4m $257.4m $257.4m 0.97% Added +1.1m +1,149,497
16 ROYAL BANK OF CANADA 0.06% of their portfolio TORONTO, A6 1,270,9091.3m $237.4m $237.4m 0.06% Added +39.5k +39,490
17 BlackRock Inc. 0.01% of their portfolio New York, NY 1,259,0261.3m $235.2m $235.2m 0.01% Added +1.3m +1,252,768
18 Mariner, LLC 0.44% of their portfolio Overland Park, KS 1,127,1851.1m $210.6m $210.6m 0.44% Added +30.7k +30,705
19 COMMONWEALTH EQUITY SERVICES, LLC 0.34% of their portfolio WALTHAM, MA 1,080,1571.1m $201.8m $201.8m 0.34% Added +146.3k +146,251
20 M&T Bank Corp 0.70% of their portfolio BUFFALO, NY 1,075,3691.1m $200.9m $200.9m 0.70% Reduced -4.4k -4,426
21 HUNTINGTON NATIONAL BANK 1.50% of their portfolio COLUMBUS, OH 999,861999.9k $186.8m $186.8m 1.50% Added +69.7k +69,660
22 PARK AVENUE SECURITIES LLC 2.18% of their portfolio NEW YORK, NY 902,534902.5k $168.6m $168.6m 2.18% Added +839.7k +839,744
23 Raymond James Financial Services Advisors, Inc. 0.24% of their portfolio ST. PETERSBURG, FL 856,580856.6k $160.0m $160.0m 0.24% Added +124.9k +124,854
24 FMR LLC 0.01% of their portfolio BOSTON, MA 848,973849.0k $158.6m $158.6m 0.01% Reduced -21.3k -21,271
25 RAYMOND JAMES & ASSOCIATES 0.10% of their portfolio ST PETERSBURG, FL 780,598780.6k $145.8m $145.8m 0.10% Reduced -1.0k -1,048
26 MAI Capital Management 1.43% of their portfolio INDEPENDENCE, OH 734,925734.9k $137.3m $137.3m 1.43% Added +97.2k +97,226
27 MML INVESTORS SERVICES, LLC 0.54% of their portfolio SPRINGFIELD, MA 696,742696.7k $130.2m $130.2m 0.54% Added +581.6k +581,570
28 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 2.86% of their portfolio MINNEAPOLIS, MN 672,404672.4k $125.6m $125.6m 2.86% Added +15.9k +15,873
29 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.11% of their portfolio Toronto, A6 641,110641.1k $119.7m $119.7m 0.11% Reduced -344.5k -344,518
30 Composition Wealth, LLC 2.95% of their portfolio LOS ANGELES, CA 628,403628.4k $117.4m $117.4m 2.95% Reduced -80.5k -80,536
31 Janney Montgomery Scott LLC 0.35% of their portfolio PHILADELPHIA, PA 626,981627.0k $117.1m $117.1m 0.35% Added +475.9k +475,860
32 Lido Advisors, LLC 0.99% of their portfolio Los Angeles, CA 594,800594.8k $111.1m $111.1m 0.99% Reduced -285.6k -285,611
33 OSAIC HOLDINGS, INC. 0.23% of their portfolio SCOTTSDALE, AZ 562,479562.5k $105.1m $105.1m 0.23% Reduced -329.7k -329,697
34 Kestra Advisory Services, LLC 0.69% of their portfolio AUSTIN, TX 550,977551.0k $102.9m $102.9m 0.69% Added +24.5k +24,526
35 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 518,485518.5k $96.9m $96.9m 0.02% Reduced -31.9k -31,877
36 HighTower Advisors, LLC 0.16% of their portfolio CHICAGO, IL 514,717514.7k $96.1m $96.1m 0.16% Reduced -52.1k -52,148
37 McKinley Carter Wealth Services, Inc. 5.89% of their portfolio WHEELING, WV 471,711471.7k $88.1m $88.1m 5.89% Added +3.1k +3,058
38 Calamos Wealth Management LLC 4.95% of their portfolio NAPERVILLE, IL 469,923469.9k $87.8m $87.8m 4.95% Reduced -2.9k -2,878
39 Strategic Wealth Partners Group, LLC 9.54% of their portfolio DEERFIELD, IL 462,991463.0k $86.5m $86.5m 9.54% Added +11.7k +11,652
40 Betterment LLC 0.22% of their portfolio NEW YORK, NY 446,531446.5k $83.4m $83.4m 0.22% Reduced -14.7k -14,729
41 Rehmann Capital Advisory Group 6.02% of their portfolio LANSING, MI 432,576432.6k $80.8m $80.8m 6.02% Added +32.6k +32,593
42 LVZ, Inc. 10.91% of their portfolio Holland, MI 429,611429.6k $80.3m $80.3m 10.91% Reduced -21.4k -21,382
43 TRUIST FINANCIAL CORP 0.12% of their portfolio CHARLOTTE, NC 407,311407.3k $76.1m $76.1m 0.12% Added +21.2k +21,247
44 HOME FEDERAL BANK OF TENNESSEE 22.95% of their portfolio KNOXVILLE, TN 397,166397.2k $74.2m $74.2m 22.95% Reduced -7.5k -7,525
45 COMERICA BANK 0.31% of their portfolio DALLAS, TX 387,706387.7k $72.4m $72.4m 0.31% Reduced -29.1k -29,064
46 USA FINANCIAL FORMULAS 11.68% of their portfolio ADA, MI 385,722385.7k $72.1m $72.1m 11.68% Added +8.8k +8,789
47 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.57% of their portfolio IRVING, TX 371,351371.4k $69.4m $69.4m 0.57% Added +285.3k +285,330
48 Baird Financial Group, Inc. 0.14% of their portfolio MILWAUKEE, WI 367,062367.1k $68.6m $68.6m 0.14% Added +40.5k +40,464
49 Foundations Investment Advisors, LLC 1.75% of their portfolio PHOENIX, AZ 358,564358.6k $67.0m $67.0m 1.75% Added +25.8k +25,780
50 Cambridge Investment Research Advisors, Inc. 0.25% of their portfolio FAIRFIELD, IA 350,628350.6k $65.5m $65.5m 0.25% Added +91.2k +91,187
51 Valmark Advisers, Inc. 1.14% of their portfolio AKRON, OH 349,938349.9k $65.4m $65.4m 1.14% Reduced -3.6k -3,558
52 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 348,067348.1k $65.0m $65.0m 0.01% Added +296.3k +296,265
53 Modern Wealth Management, LLC 5.91% of their portfolio KANSAS CITY, MO 340,591340.6k $63.6m $63.6m 5.91% Added +41.8k +41,764
54 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 339,243339.2k $63.5m $63.5m 0.02% Added +45.5k +45,539
55 MONETA GROUP INVESTMENT ADVISORS LLC 1.02% of their portfolio ST LOUIS, MO 334,902334.9k $62.6m $62.6m 1.02% Added +101.7k +101,729
56 OneDigital Investment Advisors LLC 0.97% of their portfolio OVERLAND PARK, KS 329,331329.3k $61.5m $61.5m 0.97% Added +239.8k +239,835
57 BARCLAYS PLC 0.03% of their portfolio LONDON, X0 322,026322.0k $60.2m $60.2m 0.03% Unchanged
58 Praetorian Wealth Management, Inc. 16.00% of their portfolio CARMEL, CA 320,259320.3k $59.8m $59.8m 16.00% Added +19.4k +19,421
59 Salomon & Ludwin, LLC 5.00% of their portfolio RICHMOND, VA 311,330311.3k $58.2m $58.2m 5.00% Reduced -3.9k -3,929
60 AMARILLO NATIONAL BANK 10.78% of their portfolio AMARILLO, TX 309,108309.1k $57.7m $57.7m 10.78% Reduced -1.5k -1,505
61 FIFTH THIRD BANCORP 0.22% of their portfolio CINCINNATI, OH 307,138307.1k $57.4m $57.4m 0.22% Reduced -19.4k -19,440
62 Focus Partners Wealth 0.46% of their portfolio ST LOUIS, MO 301,894301.9k $56.4m $56.4m 0.46% Added +137.5k +137,467
63 COURIER CAPITAL LLC 4.01% of their portfolio BUFFALO, NY 296,404296.4k $55.4m $55.4m 4.01% Reduced -4.4k -4,395
64 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 290,086290.1k $54.2m $54.2m 0.06% Reduced -10.2k -10,180
65 JB Capital LLC 3.50% of their portfolio WETHERSFIELD, CT 281,022281.0k $52.5m $52.5m 3.50% New
66 PHILLIPS FINANCIAL MANAGEMENT, LLC 4.20% of their portfolio FORT WAYNE, IN 274,498274.5k $51.3m $51.3m 4.20% Reduced -9.3k -9,272
67 Frank, Rimerman Advisors LLC 9.71% of their portfolio Palo Alto, CA 269,955270.0k $50.4m $50.4m 9.71% Unchanged
68 LPWM LLC 17.87% of their portfolio MINNEAPOLIS, MN 267,847267.8k $48.7m $48.7m 17.87% Added +4.7k +4,659
69 FIRST HAWAIIAN BANK 1.53% of their portfolio HONOLULU, HI 265,574265.6k $49.6m $49.6m 1.53% Reduced -61.1k -61,148
70 Halpern Financial, Inc. 14.14% of their portfolio ASHBURN, VA 264,339264.3k $48.7m $48.7m 14.14% Reduced -2.1k -2,075
71 KEYBANK NATIONAL ASSOCIATION/OH 0.20% of their portfolio BROOKLYN, OH 261,793261.8k $48.9m $48.9m 0.20% Reduced -5.1k -5,082
72 Probity Advisors, Inc. 9.99% of their portfolio DALLAS, TX 258,679258.7k $48.3m $48.3m 9.99% Reduced -8.9k -8,928
73 Financial Engines Advisors L.L.C. 0.11% of their portfolio SANTA CLARA, CA 257,793257.8k $48.2m $48.2m 0.11% Reduced -31.0k -30,987
74 Rockefeller Capital Management L.P. 0.14% of their portfolio NEW YORK, NY 251,855251.9k $47.0m $47.0m 0.14% Reduced -1.2k -1,186
75 NewEdge Advisors, LLC 0.41% of their portfolio NEW ORLEANS, LA 250,204250.2k $46.7m $46.7m 0.41% Added +217.5k +217,502
76 Smith Anglin Financial, LLC 4.65% of their portfolio DALLAS, TX 240,989241.0k $45.0m $45.0m 4.65% Reduced -135.3k -135,335
77 Strategic Point Investment Advisors, LLC 7.92% of their portfolio PROVIDENCE, RI 233,705233.7k $43.7m $43.7m 7.92% Reduced -64.6k -64,623
78 RWA WEALTH PARTNERS, LLC 0.59% of their portfolio BOSTON, MA 233,287233.3k $43.6m $43.6m 0.59% Reduced -80.3k -80,318
79 EVOKE WEALTH, LLC 1.24% of their portfolio Los Angeles, CA 223,593223.6k $41.8m $41.8m 1.24% New
80 REGIONS FINANCIAL CORP 0.32% of their portfolio BIRMINGHAM, AL 223,158223.2k $41.7m $41.7m 0.32% Added +10.7k +10,717
81 1834 INVESTMENT ADVISORS CO 4.64% of their portfolio Milwaukee, WI 208,943208.9k $39.0m $39.0m 4.64% Reduced -16.6k -16,596
82 Baker Avenue Asset Management, LP 1.51% of their portfolio SAN FRANCISCO, CA 205,292205.3k $38.4m $38.4m 1.51% Added +4.8k +4,802
83 Quantitative Strategies, Inc. 22.05% of their portfolio CALABASAS, CA 204,975205.0k $38.3m $38.3m 22.05% Added +18.4k +18,422
84 Berkshire Money Management, Inc. 4.50% of their portfolio DALTON, MA 199,667199.7k $37.3m $37.3m 4.50% Added +4.0k +4,029
85 SMITH, MOORE & CO. 3.95% of their portfolio CLAYTON, MO 198,614198.6k $37.1m $37.1m 3.95% Reduced -2.0k -2,001
86 Atria Wealth Solutions, Inc. 0.41% of their portfolio NEW YORK, NY 192,563192.6k $36.0m $36.0m 0.41% Added +120.4k +120,380
87 Equitable Holdings, Inc. 0.40% of their portfolio NEW YORK, NY 189,617189.6k $35.4m $35.4m 0.40% Reduced -37.7k -37,718
88 Peninsula Wealth, LLC 7.06% of their portfolio SAN FRANCISCO, CA 189,378189.4k $35.4m $35.4m 7.06% Added +61.7k +61,695
89 Platte River Wealth Advisors, LLC 9.77% of their portfolio LOUISVILLE, CO 183,564183.6k $34.3m $34.3m 9.77% Added +20.0k +20,025
90 Amundi 0.01% of their portfolio Paris, I0 180,000180.0k $31.8m $31.8m 0.01% Added +39.0k +39,000
91 North Star Investment Management Corp. 2.37% of their portfolio CHICAGO, IL 177,663177.7k $33.2m $33.2m 2.37% Added +4.6k +4,622
92 BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio PARIS, I0 177,040177.0k $33.1m $33.1m 0.04% Added +40.1k +40,089
93 PINKERTON WEALTH, LLC 5.18% of their portfolio COEUR D ALENE, ID 172,362172.4k $32.2m $32.2m 5.18% Added +15.0k +14,954
94 GREENLEAF TRUST 0.29% of their portfolio KALAMAZOO, MI 167,803167.8k $31.3m $31.3m 0.29% Reduced -6.2k -6,206
95 Foundation Wealth Management, LLC 25.54% of their portfolio Clayton, MO 167,715167.7k $31.3m $31.3m 25.54% Added +10.4k +10,398
96 CX Institutional 1.50% of their portfolio AUBURN, IN 166,354166.4k $31.1m $31.1m 1.50% Reduced -8.9k -8,867
97 Spire Wealth Management 2.90% of their portfolio MCLEAN, VA 157,704157.7k $157.3m $157.3m 2.90% Added +12.8k +12,846
98 Transform Wealth, LLC 2.79% of their portfolio GREENWOOD VILLAGE, CO 157,504157.5k $29.4m $29.4m 2.79% Reduced -3.8k -3,755
99 Thrivent Financial for Lutherans 0.06% of their portfolio Minneapolis, MN 157,102157.1k $29.3m $29.3m 0.06% Added +18.6k +18,576
100 West Wealth Group, LLC 10.75% of their portfolio Irvine, CA 155,284155.3k $29.0m $29.0m 10.75% New