Vault-13

ISHARES TR IVE

S&P 500 VAL ETF · ETP · CUSIP 464287408

1,368 institutional holders +10 vs Q1 2024
157,572,739157.6m shares reported held*
$28.8bnreported value*
76 new 505 added 468 reduced 77 sold out net sold ≈ $4.3bn (-23.3m 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 ($16.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $182.71. Options: 7 managers hold calls ($114.9m notional), 2 hold puts ($1.3m).

Trends to Q2 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: 1,358Q2 24: 1,3681,368Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 20221,048
Q4 20221,117
Q1 20231,126
Q2 20231,148
Q3 20231,148
Q4 20231,257
Q1 20241,358
Q2 20241,368

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 outQ2 23: 418 bought or addedQ2 23: 511 cut or sold outQ2 23Q3 23: 357 bought or addedQ3 23: 516 cut or sold outQ4 23: 479 bought or addedQ4 23: 482 cut or sold outQ4 23Q1 24: 661 bought or addedQ1 24: 488 cut or sold outQ2 24: 581 bought or addedQ2 24: 545 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022467421
Q1 2023409525
Q2 2023418511
Q3 2023357516
Q4 2023479482
Q1 2024661488
Q2 2024581545

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ3 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 0.01Q2 24 calls: $114.9mQ2 24 puts: $1.3mQ2 24P/C 0.01
Numbers
QuarterCallsPutsP/C
Q3 2023$35.6m$3.9m0.11
Q4 2023$197.5m$2.1m0.01
Q1 2024$123.3m$1.7m0.01
Q2 2024$114.9m$1.3m0.01

Biggest buyers

NorthCoast Asset Management LLC Added +473,774+473.8k
ENVESTNET ASSET MANAGEMENT INC Added +420,007+420.0k
LIBERTY WEALTH MANAGEMENT LLC Added +354,613+354.6k
Focus Partners Wealth Added +344,580+344.6k
Koss-Olinger Consulting, LLC New +307,140+307.1k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +277,110+277.1k
AVANTAX ADVISORY SERVICES, INC. Added +261,945+261.9k
LPL Financial LLC Added +200,427+200.4k
WELLS FARGO & COMPANY/MN Added +164,772+164.8k
NISA INVESTMENT ADVISORS, LLC New +113,000+113.0k

Biggest sellers

MORGAN STANLEY Reduced -24,236,159-24.2m
USA FINANCIAL FORMULAS Sold out -385,722-385.7k
Modern Wealth Management, LLC Reduced -332,343-332.3k
JPMORGAN CHASE & CO Reduced -236,348-236.3k
EVOKE WEALTH, LLC Sold out -223,593-223.6k
PINKERTON WEALTH, LLC Sold out -172,362-172.4k
McKinley Carter Wealth Services, Inc. Reduced -167,906-167.9k
Relative Value Partners Group, LLC Sold out -139,590-139.6k
Amundi Reduced -99,600-99.6k
AMERICAN INTERNATIONAL GROUP, INC. Sold out -94,900-94.9k

Biggest calls

JANE STREET GROUP, LLC Reduced $87.9m710.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $16.0m87.7k shares
IMC-Chicago, LLC Added $7.4m41.8k shares
Belvedere Trading LLC Added $2.4m13.3k shares
CITADEL ADVISORS LLC Reduced $1.3m7.0k shares
OSAIC HOLDINGS, INC. Unchanged $5.2k2 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $837.2k4.6k shares
CITADEL ADVISORS LLC Reduced $436.8k2.4k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.28% of their portfolio NEW YORK, NY 35,315,83035.3m $6.4bn $6.4bn 0.28% Reduced -236.3k -236,348
2 MORGAN STANLEY 0.17% of their portfolio NEW YORK, NY 12,399,76612.4m $2.3bn $2.3bn 0.17% Reduced -24.2m -24,236,159
3 ENVESTNET ASSET MANAGEMENT INC 0.79% of their portfolio Berwyn, PA 12,380,39712.4m $2.3bn $2.3bn 0.79% Added +420.0k +420,007
4 BANK OF AMERICA CORP /DE/ 0.13% of their portfolio CHARLOTTE, NC 7,724,5997.7m $1.4bn $1.4bn 0.13% Reduced -84.1k -84,138
5 WELLS FARGO & COMPANY/MN 0.36% of their portfolio SAN FRANCISCO, CA 7,676,7437.7m $1.4bn $1.4bn 0.36% Added +164.8k +164,772
6 GOLDMAN SACHS GROUP INC 0.16% of their portfolio NEW YORK, NY 4,574,9694.6m $832.7m $832.7m 0.16% Reduced -78.8k -78,756
7 LPL Financial LLC 0.39% of their portfolio FORT MILL, SC 4,258,6174.3m $775.1m $775.1m 0.39% Added +200.4k +200,427
8 UBS Group AG 0.20% of their portfolio ZURICH, V8 3,532,5813.5m $643.0m $643.0m 0.20% Added +24.5k +24,478
9 AMERIPRISE FINANCIAL INC 0.12% of their portfolio MINNEAPOLIS, MN 2,479,2342.5m $451.0m $451.0m 0.12% Added +13.5k +13,519
10 STIFEL FINANCIAL CORP 0.50% of their portfolio ST. LOUIS, MO 2,427,6922.4m $441.9m $441.9m 0.50% Added +3.2k +3,165
11 PNC Financial Services Group, Inc. 0.22% of their portfolio Pittsburgh, PA 1,835,9911.8m $334.2m $334.2m 0.22% Added +103.6k +103,601
12 US BANCORP \DE\ 0.39% of their portfolio MINNEAPOLIS, MN 1,560,1171.6m $284.0m $284.0m 0.39% Added +21.0k +21,036
13 CWM, LLC 1.26% of their portfolio OMAHA, NE 1,465,6791.5m $266.8m $266.8m 1.26% Reduced -30.7k -30,669
14 Envestnet Portfolio Solutions, Inc. 0.90% of their portfolio BERWYN, PA 1,424,7161.4m $259.3m $259.3m 0.90% Added +47.1k +47,074
15 Cetera Investment Advisers 0.59% of their portfolio SCHAUMBURG, IL 1,405,1711.4m $255.8m $255.8m 0.59% Reduced -5.3k -5,345
16 ROYAL BANK OF CANADA 0.06% of their portfolio TORONTO, A6 1,321,9311.3m $240.6m $240.6m 0.06% Added +51.0k +51,022
17 BlackRock Inc. 0.01% of their portfolio New York, NY 1,256,4041.3m $228.7m $228.7m 0.01% Reduced -2.6k -2,622
18 Mariner, LLC 0.39% of their portfolio Overland Park, KS 1,112,4521.1m $202.5m $202.5m 0.39% Reduced -14.7k -14,733
19 COMMONWEALTH EQUITY SERVICES, LLC 0.30% of their portfolio WALTHAM, MA 1,055,2911.1m $192.1m $192.1m 0.30% Reduced -24.9k -24,866
20 M&T Bank Corp 0.63% of their portfolio BUFFALO, NY 1,013,7211.0m $184.5m $184.5m 0.63% Reduced -61.6k -61,648
21 HUNTINGTON NATIONAL BANK 1.38% of their portfolio COLUMBUS, OH 978,478978.5k $178.1m $178.1m 1.38% Reduced -21.4k -21,383
22 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.16% of their portfolio Toronto, A6 918,220918.2k $167.1m $167.1m 0.16% Added +277.1k +277,110
23 PARK AVENUE SECURITIES LLC 2.04% of their portfolio NEW YORK, NY 917,118917.1k $166.9m $166.9m 2.04% Added +14.6k +14,584
24 Raymond James Financial Services Advisors, Inc. 0.22% of their portfolio ST. PETERSBURG, FL 859,747859.7k $156.5m $156.5m 0.22% Added +3.2k +3,167
25 FMR LLC 0.01% of their portfolio BOSTON, MA 844,161844.2k $153.6m $153.6m 0.01% Reduced -4.8k -4,812
26 RAYMOND JAMES & ASSOCIATES 0.10% of their portfolio ST PETERSBURG, FL 820,957821.0k $149.4m $149.4m 0.10% Added +40.4k +40,359
27 MAI Capital Management 1.33% of their portfolio INDEPENDENCE, OH 741,507741.5k $135.0m $135.0m 1.33% Added +6.6k +6,582
28 MML INVESTORS SERVICES, LLC 0.51% of their portfolio SPRINGFIELD, MA 695,893695.9k $126.7m $126.7m 0.51% Reduced -849 -849
29 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 2.60% of their portfolio MINNEAPOLIS, MN 665,680665.7k $121.2m $121.2m 2.60% Reduced -6.7k -6,724
30 Composition Wealth, LLC 2.89% of their portfolio LOS ANGELES, CA 651,733651.7k $118.6m $118.6m 2.89% Added +23.3k +23,330
31 Janney Montgomery Scott LLC 0.36% of their portfolio PHILADELPHIA, PA 646,680646.7k $117.7m $117.7m 0.36% Added +19.7k +19,699
32 Focus Partners Wealth 0.40% of their portfolio ST LOUIS, MO 646,474646.5k $117.7m $117.7m 0.40% Added +344.6k +344,580
33 Lido Advisors, LLC 0.93% of their portfolio Los Angeles, CA 624,680624.7k $113.7m $113.7m 0.93% Added +29.9k +29,880
34 Kestra Advisory Services, LLC 0.58% of their portfolio AUSTIN, TX 580,557580.6k $103.9m $103.9m 0.58% Added +29.6k +29,580
35 HighTower Advisors, LLC 0.15% of their portfolio CHICAGO, IL 518,957519.0k $94.4m $94.4m 0.15% Added +4.2k +4,240
36 OSAIC HOLDINGS, INC. 0.22% of their portfolio SCOTTSDALE, AZ 502,362502.4k $91.5m $91.5m 0.22% Reduced -60.1k -60,117
37 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 493,152493.2k $89.8m $89.8m 0.02% Reduced -25.3k -25,333
38 NorthCoast Asset Management LLC 0.74% of their portfolio STAMFORD, CT 476,687476.7k $86.8m $86.8m 0.74% Added +473.8k +473,774
39 Calamos Wealth Management LLC 4.60% of their portfolio NAPERVILLE, IL 472,506472.5k $86.0m $86.0m 4.60% Added +2.6k +2,583
40 Rehmann Capital Advisory Group 6.09% of their portfolio LANSING, MI 467,108467.1k $85.0m $85.0m 6.09% Added +34.5k +34,532
41 Sanctuary Advisors, LLC 0.60% of their portfolio INDIANAPOLIS, IN 458,257458.3k $82.6m $82.6m 0.60% First filing
42 OneDigital Investment Advisors LLC 1.00% of their portfolio OVERLAND PARK, KS 439,577439.6k $80.0m $80.0m 1.00% Added +110.2k +110,246
43 Betterment LLC 0.21% of their portfolio NEW YORK, NY 435,867435.9k $79.3m $79.3m 0.21% Reduced -10.7k -10,664
44 LVZ, Inc. 10.79% of their portfolio Holland, MI 434,818434.8k $79.1m $79.1m 10.79% Added +5.2k +5,207
45 TRUIST FINANCIAL CORP 0.12% of their portfolio CHARLOTTE, NC 429,478429.5k $78.2m $78.2m 0.12% Added +22.2k +22,167
46 AVANTAX ADVISORY SERVICES, INC. 0.54% of their portfolio DALLAS, TX 416,871416.9k $75.9m $75.9m 0.54% Added +261.9k +261,945
47 LIBERTY WEALTH MANAGEMENT LLC 0.01% of their portfolio OAKLAND, CA 411,954412.0k $10.2k $10.2k 0.01% Added +354.6k +354,613
48 Foundations Investment Advisors, LLC 1.81% of their portfolio PHOENIX, AZ 408,708408.7k $74.4m $74.4m 1.81% Added +50.1k +50,144
49 HOME FEDERAL BANK OF TENNESSEE 21.77% of their portfolio KNOXVILLE, TN 393,145393.1k $71.6m $71.6m 21.77% Reduced -4.0k -4,021
50 COMERICA BANK 0.29% of their portfolio DALLAS, TX 384,215384.2k $69.9m $69.9m 0.29% Reduced -3.5k -3,491
51 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 375,751375.8k $68.4m $68.4m 0.01% Added +27.7k +27,684
52 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.57% of their portfolio IRVING, TX 362,558362.6k $66.0m $66.0m 0.57% Reduced -8.8k -8,793
53 Cambridge Investment Research Advisors, Inc. 0.24% of their portfolio FAIRFIELD, IA 356,938356.9k $65.0m $65.0m 0.24% Added +6.3k +6,310
54 Baird Financial Group, Inc. 0.13% of their portfolio MILWAUKEE, WI 348,787348.8k $63.5m $63.5m 0.13% Reduced -18.3k -18,275
55 Praetorian Wealth Management, Inc. 15.47% of their portfolio CARMEL, CA 332,022332.0k $60.4m $60.4m 15.47% Added +11.8k +11,763
56 MONETA GROUP INVESTMENT ADVISORS LLC 0.96% of their portfolio ST LOUIS, MO 331,423331.4k $60.3m $60.3m 0.96% Reduced -3.5k -3,479
57 Valmark Advisers, Inc. 1.02% of their portfolio AKRON, OH 329,276329.3k $59.9m $59.9m 1.02% Reduced -20.7k -20,662
58 Koss-Olinger Consulting, LLC 5.16% of their portfolio GAINESVILLE, FL 307,140307.1k $55.9m $55.9m 5.16% New
59 NewEdge Advisors, LLC 0.40% of their portfolio NEW ORLEANS, LA 304,801304.8k $55.5m $55.5m 0.40% Added +54.6k +54,597
60 McKinley Carter Wealth Services, Inc. 3.52% of their portfolio WHEELING, WV 303,805303.8k $55.3m $55.3m 3.52% Reduced -167.9k -167,906
61 JB Capital LLC 3.46% of their portfolio WETHERSFIELD, CT 303,287303.3k $55.2m $55.2m 3.46% Added +22.3k +22,265
62 AMARILLO NATIONAL BANK 10.43% of their portfolio AMARILLO, TX 301,307301.3k $54.8m $54.8m 10.43% Reduced -7.8k -7,801
63 COURIER CAPITAL LLC 4.22% of their portfolio BUFFALO, NY 291,485291.5k $53.1m $53.1m 4.22% Reduced -4.9k -4,919
64 Financial Engines Advisors L.L.C. 0.12% of their portfolio SANTA CLARA, CA 289,158289.2k $52.6m $52.6m 0.12% Added +31.4k +31,365
65 FIFTH THIRD BANCORP 0.20% of their portfolio CINCINNATI, OH 288,589288.6k $52.5m $52.5m 0.20% Reduced -18.5k -18,549
66 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 288,205288.2k $52.9m $52.9m 0.02% Reduced -51.0k -51,038
67 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 283,305283.3k $51.6m $51.6m 0.05% Reduced -6.8k -6,781
68 LPWM LLC 17.01% of their portfolio MINNEAPOLIS, MN 271,122271.1k $49.2m $49.2m 17.01% Added +3.3k +3,275
69 Frank, Rimerman Advisors LLC 3.48% of their portfolio Palo Alto, CA 269,955270.0k $49.1m $49.1m 3.48% Unchanged
70 Peninsula Wealth, LLC 9.34% of their portfolio SAN FRANCISCO, CA 268,686268.7k $50.0m $50.0m 9.34% Added +79.3k +79,308
71 Rockefeller Capital Management L.P. 0.14% of their portfolio NEW YORK, NY 267,168267.2k $48.6m $48.6m 0.14% Added +15.3k +15,313
72 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 267,026267.0k $48.6m $48.6m 0.02% Reduced -55.0k -55,000
73 PHILLIPS FINANCIAL MANAGEMENT, LLC 3.98% of their portfolio FORT WAYNE, IN 264,915264.9k $48.2m $48.2m 3.98% Reduced -9.6k -9,583
74 Halpern Financial, Inc. 13.05% of their portfolio ASHBURN, VA 260,974261.0k $47.5m $47.5m 13.05% Reduced -3.4k -3,365
75 KEYBANK NATIONAL ASSOCIATION/OH 0.19% of their portfolio BROOKLYN, OH 258,579258.6k $47.1m $47.1m 0.19% Reduced -3.2k -3,214
76 Probity Advisors, Inc. 9.72% of their portfolio DALLAS, TX 257,655257.7k $46.9m $46.9m 9.72% Reduced -1.0k -1,024
77 Salomon & Ludwin, LLC 4.76% of their portfolio RICHMOND, VA 234,181234.2k $42.6m $42.6m 4.76% Reduced -77.1k -77,149
78 Strategic Point Investment Advisors, LLC 7.55% of their portfolio PROVIDENCE, RI 231,539231.5k $42.1m $42.1m 7.55% Reduced -2.2k -2,166
79 REGIONS FINANCIAL CORP 0.31% of their portfolio BIRMINGHAM, AL 221,466221.5k $40.3m $40.3m 0.31% Reduced -1.7k -1,692
80 RWA WEALTH PARTNERS, LLC 0.53% of their portfolio BOSTON, MA 219,721219.7k $40.0m $40.0m 0.53% Reduced -13.6k -13,566
81 Smith Anglin Financial, LLC 4.01% of their portfolio DALLAS, TX 217,882217.9k $39.7m $39.7m 4.01% Reduced -23.1k -23,107
82 Baker Avenue Asset Management, LP 1.28% of their portfolio SAN FRANCISCO, CA 206,570206.6k $37.6m $37.6m 1.28% Added +1.3k +1,278
83 SMITH, MOORE & CO. 3.85% of their portfolio CLAYTON, MO 205,308205.3k $37.4m $37.4m 3.85% Added +6.7k +6,694
84 1834 INVESTMENT ADVISORS CO 4.47% of their portfolio Milwaukee, WI 203,897203.9k $37.1m $37.1m 4.47% Reduced -5.0k -5,046
85 Equitable Holdings, Inc. 0.39% of their portfolio NEW YORK, NY 203,046203.0k $37.0m $37.0m 0.39% Added +13.4k +13,429
86 Berkshire Money Management, Inc. 4.48% of their portfolio DALTON, MA 202,865202.9k $36.9m $36.9m 4.48% Added +3.2k +3,198
87 Quantitative Strategies, Inc. 20.24% of their portfolio CALABASAS, CA 194,780194.8k $35.5m $35.5m 20.24% Reduced -10.2k -10,195
88 Thrivent Financial for Lutherans 0.07% of their portfolio Minneapolis, MN 193,364193.4k $35.2m $35.2m 0.07% Added +36.3k +36,262
89 Atria Wealth Solutions, Inc. 0.39% of their portfolio NEW YORK, NY 192,583192.6k $35.1m $35.1m 0.39% Added +20 +20
90 Platte River Wealth Advisors, LLC 9.49% of their portfolio LOUISVILLE, CO 185,874185.9k $33.8m $33.8m 9.49% Added +2.3k +2,310
91 FIRST HAWAIIAN BANK 1.12% of their portfolio HONOLULU, HI 182,802182.8k $33.3m $33.3m 1.12% Reduced -82.8k -82,772
92 Foundation Wealth Management, LLC 24.98% of their portfolio Clayton, MO 175,119175.1k $31.9m $31.9m 24.98% Added +7.4k +7,404
93 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 173,973174.0k $31.7m $31.7m 0.03% Reduced -3.1k -3,067
94 North Star Investment Management Corp. 2.26% of their portfolio CHICAGO, IL 169,462169.5k $30.8m $30.8m 2.26% Reduced -8.2k -8,201
95 CX Institutional 1.40% of their portfolio AUBURN, IN 163,306163.3k $29.7m $29.7m 1.40% Reduced -3.0k -3,048
96 Per Stirling Capital Management, LLC. 4.72% of their portfolio AUSTIN, TX 161,075161.1k $29.3m $29.3m 4.72% Added +8.1k +8,148
97 GREENLEAF TRUST 0.28% of their portfolio KALAMAZOO, MI 160,493160.5k $29.2m $29.2m 0.28% Reduced -7.3k -7,310
98 Spire Wealth Management 1.02% of their portfolio MCLEAN, VA 158,840158.8k $28.8m $28.8m 1.02% Added +1.1k +1,136
99 JONES FINANCIAL COMPANIES LLLP 0.03% of their portfolio DES PERES, MO 158,060158.1k $28.8m $28.8m 0.03% Added +17.0k +16,985
100 West Wealth Group, LLC 10.16% of their portfolio Irvine, CA 157,929157.9k $28.7m $28.7m 10.16% Added +2.6k +2,645