Vault-13

ISHARES TR IEF

7-10 YR TRSY BD · ETP · CUSIP 464287440

1,099 institutional holders +90 vs Q3 2025
417,493,564417.5m shares reported held*
$40.1bnreported value*
113 new 454 added 341 reduced 76 sold out net bought ≈ $3.9bn (+40.2m 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 ($39.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $96.16. Options: 13 managers hold calls ($632.5m notional), 17 hold puts ($4.5bn).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 715Q4 22: 729Q1 23: 785Q2 23: 806Q3 23: 799Q4 23: 907Q1 24: 904Q2 24: 910Q3 24: 949Q4 24: 984Q1 25: 991Q2 25: 1,021Q3 25: 1,009Q4 25: 1,0991,099Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022715
Q4 2022729
Q1 2023785
Q2 2023806
Q3 2023799
Q4 2023907
Q1 2024904
Q2 2024910
Q3 2024949
Q4 2024984
Q1 2025991
Q2 20251,021
Q3 20251,009
Q4 20251,099

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ1 24: 478 bought or addedQ1 24: 406 cut or sold outQ2 24: 469 bought or addedQ2 24: 398 cut or sold outQ2 24Q3 24: 564 bought or addedQ3 24: 352 cut or sold outQ4 24: 461 bought or addedQ4 24: 476 cut or sold outQ4 24Q1 25: 545 bought or addedQ1 25: 410 cut or sold outQ2 25: 491 bought or addedQ2 25: 483 cut or sold outQ2 25Q3 25: 561 bought or addedQ3 25: 416 cut or sold outQ4 25: 567 bought or addedQ4 25: 417 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024478406
Q2 2024469398
Q3 2024564352
Q4 2024461476
Q1 2025545410
Q2 2025491483
Q3 2025561416
Q4 2025567417

Calls vs puts

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

CallsPuts
$0$2bn$4bn$6bnQ1 25 calls: $1.2bnQ1 25 puts: $678.6mQ1 25P/C 0.55Q2 25 calls: $2.1bnQ2 25 puts: $450.6mQ2 25P/C 0.22Q3 25 calls: $1.6bnQ3 25 puts: $1.5bnQ3 25P/C 0.95Q4 25 calls: $632.5mQ4 25 puts: $4.5bnQ4 25P/C 7.16
Numbers
QuarterCallsPutsP/C
Q1 2025$1.2bn$678.6m0.55
Q2 2025$2.1bn$450.6m0.22
Q3 2025$1.6bn$1.5bn0.95
Q4 2025$632.5m$4.5bn7.16

Biggest buyers

Fisher Asset Management, LLC Added +47,170,533+47.2m
FMR LLC Added +5,078,160+5.1m
BANK OF AMERICA CORP /DE/ Added +2,756,193+2.8m
MORGAN STANLEY Added +2,737,040+2.7m
Focus Partners Wealth Added +1,162,073+1.2m
ARMSTRONG ADVISORY GROUP, INC Added +682,247+682.2k
CAPTRUST FINANCIAL ADVISORS Added +666,409+666.4k
BlackRock, Inc. Added +647,356+647.4k
AlphaQuest LLC Added +605,008+605.0k
GREENLEAF TRUST Added +549,696+549.7k

Biggest sellers

JPMORGAN CHASE & CO Reduced -19,176,832-19.2m
BANK OF MONTREAL /CAN/ Reduced -4,421,057-4.4m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -1,447,847-1.4m
NorthCoast Asset Management LLC Reduced -1,042,181-1.0m
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -951,448-951.4k
Cerity Partners OCIO LLC Reduced -714,960-715.0k
Nationwide Fund Advisors Reduced -704,052-704.1k
GOLDMAN SACHS GROUP INC Reduced -579,822-579.8k
Tanglewood Wealth Management, Inc. Sold out -567,028-567.0k
Garde Capital, Inc. Sold out -543,491-543.5k

Biggest calls

JANE STREET GROUP, LLC Reduced $211.3m2.2m shares
CITADEL ADVISORS LLC Added $87.5m909.9k shares
Aptus Capital Advisors, LLC Added $85.8m892.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $71.8m746.8k shares
GOLDMAN SACHS GROUP INC Reduced $63.0m655.0k shares
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND New $48.1m500.0k shares
Point72 Asset Management, L.P. New $25.9m269.0k shares
BARCLAYS PLC New $24.0m250.0k shares
BANK OF MONTREAL /CAN/ Reduced $9.8m102.4k shares
Walleye Trading LLC New $3.9m40.4k shares

Biggest puts

GOLDMAN SACHS GROUP INC Added $1.1bn11.8m shares
CARRONADE CAPITAL MANAGEMENT, LP New $1.1bn11.5m shares
UBS Group AG Added $1.1bn11.3m shares
CITADEL ADVISORS LLC Added $279.5m2.9m shares
PICTON MAHONEY ASSET MANAGEMENT New $240.4m2.5m shares
JANE STREET GROUP, LLC Added $211.4m2.2m shares
Owl Creek Asset Management, L.P. New $154.2m1.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $119.2m1.2m shares
BANK OF MONTREAL /CAN/ Added $117.3m1.2m shares
BARCLAYS PLC Reduced $60.2m626.3k 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: FMR LLC (4.9%, 2026-08-06)

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Fisher Asset Management, LLC 4.43% of their portfolio PLANO, TX 134,832,971134.8m $13.0bn $13.0bn 4.43% Added +47.2m +47,170,533
2 FMR LLC 0.17% of their portfolio BOSTON, MA 34,784,07534.8m $3.3bn $3.3bn 0.17% Added +5.1m +5,078,160
3 JPMORGAN CHASE & CO 0.22% of their portfolio NEW YORK, NY 34,189,86834.2m $3.3bn $3.3bn 0.22% Reduced -19.2m -19,176,832
4 MORGAN STANLEY 0.10% of their portfolio NEW YORK, NY 17,039,67117.0m $1.6bn $1.6bn 0.10% Added +2.7m +2,737,040
5 AMERIPRISE FINANCIAL INC 0.33% of their portfolio MINNEAPOLIS, MN 15,083,77515.1m $1.4bn $1.4bn 0.33% Added +133.2k +133,194
6 BANK OF AMERICA CORP /DE/ 0.09% of their portfolio CHARLOTTE, NC 13,485,39013.5m $1.3bn $1.3bn 0.09% Added +2.8m +2,756,193
7 ENVESTNET ASSET MANAGEMENT INC 0.36% of their portfolio Berwyn, PA 12,713,89712.7m $1.2bn $1.2bn 0.36% Reduced -106.5k -106,456
8 PNC Financial Services Group, Inc. 0.45% of their portfolio Pittsburgh, PA 8,487,1108.5m $816.1m $816.1m 0.45% Added +72.2k +72,188
9 RAYMOND JAMES FINANCIAL INC 0.19% of their portfolio ST. PETERSBURG, FL 6,204,7146.2m $596.6m $596.6m 0.19% Added +29.7k +29,690
10 Blue Trust, Inc. 6.65% of their portfolio BRENTWOOD, TN 6,121,1556.1m $588.6m $588.6m 6.65% Added +168.5k +168,542
11 CAPTRUST FINANCIAL ADVISORS 1.06% of their portfolio RALEIGH, NC 5,781,0005.8m $555.9m $555.9m 1.06% Added +666.4k +666,409
12 BANK OF MONTREAL /CAN/ 0.22% of their portfolio TORONTO, A6 5,673,3775.7m $545.6m $545.6m 0.22% Reduced -4.4m -4,421,057
13 LPL Financial LLC 0.14% of their portfolio FORT MILL, SC 5,170,2205.2m $497.2m $497.2m 0.14% Added +516.6k +516,634
14 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.28% of their portfolio MILWAUKEE, WI 4,608,7764.6m $443.2m $443.2m 0.28% Added +257.2k +257,212
15 UBS Group AG 0.08% of their portfolio ZURICH, V8 4,171,4644.2m $401.1m $401.1m 0.08% Reduced -122.8k -122,791
16 Bank Julius Baer & Co. Ltd, Zurich 0.90% of their portfolio ZURICH, V8 3,381,4583.4m $325.2m $325.2m 0.90% Added +201.5k +201,487
17 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 3,345,9953.3m $321.8m $321.8m 0.06% Added +130.2k +130,227
18 Baird Financial Group, Inc. 0.40% of their portfolio MILWAUKEE, WI 2,694,8852.7m $259.1m $259.1m 0.40% Added +25.6k +25,593
19 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,301,3712.3m $221.3m $221.3m 0.00% Added +647.4k +647,356
20 Mariner, LLC 0.25% of their portfolio Overland Park, KS 2,177,6272.2m $209.4m $209.4m 0.25% Added +73.5k +73,510
21 Mutual Advisors, LLC 4.35% of their portfolio OMAHA, NE 2,109,3372.1m $202.8m $202.8m 4.35% Added +58.6k +58,611
22 Cerity Partners OCIO LLC 10.96% of their portfolio New York, NY 2,060,7792.1m $198.2m $198.2m 10.96% Reduced -715.0k -714,960
23 COLDSTREAM CAPITAL MANAGEMENT INC 2.46% of their portfolio BELLEVUE, WA 1,983,9582.0m $190.8m $190.8m 2.46% Reduced -26.2k -26,177
24 ALLIANCEBERNSTEIN L.P. 0.06% of their portfolio NASHVILLE, TN 1,966,8722.0m $189.1m $189.1m 0.06% Added +153.1k +153,078
25 WEALTHCARE CAPITAL MANAGEMENT LLC 18.56% of their portfolio RICHMOND, VA 1,944,3141.9m $187.0m $187.0m 18.56% Added +79.8k +79,791
26 PEAVINE CAPITAL, LLC 36.70% of their portfolio RENO, NV 1,806,0111.8m $173.7m $173.7m 36.70% Reduced -68.1k -68,100
27 TRUIST FINANCIAL CORP 0.22% of their portfolio CHARLOTTE, NC 1,730,2561.7m $166.4m $166.4m 0.22% Added +46.9k +46,929
28 Harvest Portfolios Group Inc. 2.87% of their portfolio Oakville, A6 1,716,8571.7m $165.1m $165.1m 2.87% Added +203.5k +203,540
29 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.22% of their portfolio PLYMOUTH, MN 1,684,4591.7m $162.2m $162.2m 0.22% Added +41.0k +40,962
30 STIFEL FINANCIAL CORP 0.12% of their portfolio ST. LOUIS, MO 1,422,1491.4m $136.8m $136.8m 0.12% Added +40.1k +40,148
31 Focus Partners Wealth 0.15% of their portfolio ST LOUIS, MO 1,353,6871.4m $130.2m $130.2m 0.15% Added +1.2m +1,162,073
32 Members Trust Co 3.87% of their portfolio TAMPA, FL 1,233,3001.2m $118.6m $118.6m 3.87% Reduced -11.6k -11,633
33 Cetera Investment Advisers 0.12% of their portfolio SCHAUMBURG, IL 1,139,4541.1m $109.6m $109.6m 0.12% Reduced -5.9k -5,905
34 Janney Montgomery Scott LLC 0.25% of their portfolio PHILADELPHIA, PA 1,113,9791.1m $107.1m $107.1m 0.25% Added +9.3k +9,347
35 AlphaQuest LLC 5.43% of their portfolio New York, NY 1,009,0451.0m $97.0m $97.0m 5.43% Added +605.0k +605,008
36 ASSETMARK, INC 0.20% of their portfolio CONCORD, CA 1,007,7691.0m $96.9m $96.9m 0.20% Added +13.1k +13,133
37 Ally Invest Advisors Inc. 6.63% of their portfolio CHARLOTTE, NC 998,550998.5k $96.0m $96.0m 6.63% Added +52.3k +52,259
38 Rockefeller Capital Management L.P. 0.17% of their portfolio NEW YORK, NY 979,194979.2k $94.2m $94.2m 0.17% Added +526.4k +526,374
39 Cerity Partners LLC 0.14% of their portfolio NEW YORK, NY 971,307971.3k $93.4m $93.4m 0.14% Added +67.5k +67,495
40 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 966,971967.0k $93.0m $93.0m 0.02% Added +99.0k +98,970
41 Avalon Advisory Group 34.84% of their portfolio Wexford, PA 888,019888.0k $85.4m $85.4m 34.84% Added +53.0k +53,050
42 BARCLAYS PLC 0.03% of their portfolio LONDON, X0 864,584864.6k $83.1m $83.1m 0.03% Reduced -236.4k -236,354
43 SUMITOMO MITSUI FINANCIAL GROUP, INC. 1.42% of their portfolio TOKYO, M0 832,849832.8k $80.1m $80.1m 1.42% Added +18.3k +18,285
44 CITIGROUP INC 0.05% of their portfolio NEW YORK, NY 832,369832.4k $80.0m $80.0m 0.05% Added +198.3k +198,293
45 OSAIC HOLDINGS, INC. 0.11% of their portfolio SCOTTSDALE, AZ 817,631817.6k $78.6m $78.6m 0.11% Added +215.3k +215,316
46 3EDGE Asset Management, LP 4.07% of their portfolio Naples, FL 815,251815.3k $78.4m $78.4m 4.07% Added +73.4k +73,378
47 Raub Brock Capital Management LP 16.83% of their portfolio LARKSPUR, CA 785,801785.8k $75.6m $75.6m 16.83% Reduced -12.4k -12,424
48 GREENLEAF TRUST 0.68% of their portfolio KALAMAZOO, MI 769,541769.5k $74.0m $74.0m 0.68% Added +549.7k +549,696
49 Wealthcare Advisory Partners LLC 1.45% of their portfolio WEST CHESTER, PA 767,465767.5k $73.8m $73.8m 1.45% Added +81.3k +81,344
50 WestEnd Advisors, LLC 1.70% of their portfolio CHARLOTTE, NC 757,078757.1k $72.8m $72.8m 1.70% Added +5.9k +5,912
51 Cambridge Investment Research Advisors, Inc. 0.19% of their portfolio FAIRFIELD, IA 755,587755.6k $72.7m $72.7m 0.19% Added +279.3k +279,299
52 Juniper Hill Capital Management LP 17.09% of their portfolio Menlo Park, CA 744,199744.2k $71.6m $71.6m 17.09% Unchanged
53 GREENWOOD GEARHART LLC 3.86% of their portfolio FAYETTEVILLE, AR 729,278729.3k $70.1m $70.1m 3.86% Added +90.4k +90,381
54 ARMSTRONG ADVISORY GROUP, INC 4.59% of their portfolio NEEDHAM, MA 707,015707.0k $68.0m $68.0m 4.59% Added +682.2k +682,247
55 MATAURO, LLC 10.02% of their portfolio NEW YORK, NY 691,819691.8k $66.5m $66.5m 10.02% Added +80.5k +80,462
56 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 682,286682.3k $65.6m $65.6m 0.04% Reduced -282.7k -282,692
57 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 674,596674.6k $64.9m $64.9m 0.01% Reduced -579.8k -579,822
58 GenTrust, LLC 2.76% of their portfolio MIAMI, FL 663,362663.4k $63.8m $63.8m 2.76% Added +50.9k +50,872
59 BARINGS LLC 1.17% of their portfolio CHARLOTTE, NC 659,861659.9k $63.5m $63.5m 1.17% Added +28.0k +28,018
60 MEEDER ASSET MANAGEMENT INC 3.38% of their portfolio DUBLIN, OH 652,207652.2k $62.7m $62.7m 3.38% Added +286.7k +286,706
61 AIA Group Ltd 0.91% of their portfolio HONG KONG, K3 630,345630.3k $60.6m $60.6m 0.91% Added +209.9k +209,905
62 Arkos Global Advisors 7.37% of their portfolio HOUSTON, TX 598,275598.3k $57.5m $57.5m 7.37% Added +29.6k +29,597
63 MAI Capital Management 0.33% of their portfolio INDEPENDENCE, OH 586,920586.9k $56.4m $56.4m 0.33% Added +25.0k +25,026
64 MML INVESTORS SERVICES, LLC 0.13% of their portfolio SPRINGFIELD, MA 552,176552.2k $53.1m $53.1m 0.13% Added +18.9k +18,882
65 Bogart Wealth, LLC 1.96% of their portfolio MCLEAN, VA 508,270508.3k $48.9m $48.9m 1.96% Added +18.6k +18,590
66 PARTNERS CAPITAL INVESTMENT GROUP, LLP 1.79% of their portfolio BOSTON, MA 500,192500.2k $48.1m $48.1m 1.79% Added +75.6k +75,638
67 United Capital Management of KS, Inc. 3.35% of their portfolio SALINA, KS 496,780496.8k $47.8m $47.8m 3.35% Added +259.8k +259,754
68 Twele Capital Management, Inc. 8.46% of their portfolio MINNETONKA, MN 492,138492.1k $47.3m $47.3m 8.46% Added +18.2k +18,245
69 PATTON FUND MANAGEMENT, INC. 6.21% of their portfolio New York, NY 481,479481.5k $46.3m $46.3m 6.21% Added +12.1k +12,126
70 Karpus Management, Inc. 1.41% of their portfolio Pittsford, NY 476,221476.2k $45.8m $45.8m 1.41% Added +32.6k +32,583
71 Mirae Asset Global Investments Co., Ltd. 0.13% of their portfolio SEOUL, M5 468,942468.9k $45.1m $45.1m 0.13% Added +93.9k +93,911
72 GenWealth Group, Inc. 7.51% of their portfolio Maplewood, NJ 457,196457.2k $44.0m $44.0m 7.51% Added +44.5k +44,451
73 Rafferty Asset Management, LLC 0.15% of their portfolio New York, NY 447,990448.0k $43.1m $43.1m 0.15% Reduced -40.6k -40,632
74 LifeGuide Financial Advisors, LLC 13.99% of their portfolio MECHANICSBURG, PA 438,992439.0k $42.2m $42.2m 13.99% Added +36.7k +36,679
75 Ironwood Wealth Management, LLC. 12.18% of their portfolio CHANDLER, AZ 430,869430.9k $41.4m $41.4m 12.18% Added +19.5k +19,472
76 Sompo Asset Management Co., Ltd. 6.95% of their portfolio Tokyo, M0 421,563421.6k $40.5m $40.5m 6.95% Added +26.9k +26,854
77 Community Financial Services Group, LLC 7.39% of their portfolio NEWPORT, VT 418,698418.7k $40.3m $40.3m 7.39% Added +33.3k +33,348
78 PRUDENT INVESTORS NETWORK, INC. 9.23% of their portfolio LAKE FOREST, CA 418,241418.2k $40.2m $40.2m 9.23% Added +63.3k +63,340
79 Leo Wealth, LLC 2.92% of their portfolio HURST, TX 417,952418.0k $40.2m $40.2m 2.92% Added +258.2k +258,203
80 NorthRock Partners, LLC 0.66% of their portfolio MINNEAPOLIS, MN 408,193408.2k $39.3m $39.3m 0.66% Added +395.8k +395,788
81 Beacon Wealthcare LLC 13.39% of their portfolio RALEIGH, NC 405,478405.5k $39.0m $39.0m 13.39% Added +14.6k +14,578
82 HANTZ FINANCIAL SERVICES, INC. 0.54% of their portfolio SOUTHFIELD, MI 378,644378.6k $36.4m $36.4m 0.54% Added +378.0k +377,968
83 NewEdge Advisors, LLC 0.13% of their portfolio NEW ORLEANS, LA 378,032378.0k $36.4m $36.4m 0.13% Added +118.7k +118,678
84 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.20% of their portfolio Stamford, CT 377,268377.3k $36.3m $36.3m 0.20% Added +40.7k +40,743
85 TTP Investments, Inc. 11.80% of their portfolio San Jose, CA 375,424375.4k $36.1m $36.1m 11.80% Added +369.0k +368,995
86 Focus Financial Network, Inc. 1.24% of their portfolio MINNEAPOLIS, MN 370,441370.4k $35.6m $35.6m 1.24% Added +25.6k +25,591
87 Kingsview Wealth Management, LLC 0.51% of their portfolio GRANTS PASS, OR 368,024368.0k $35.4m $35.4m 0.51% Added +35.1k +35,133
88 Kestra Advisory Services, LLC 0.14% of their portfolio AUSTIN, TX 364,130364.1k $35.0m $35.0m 0.14% Reduced -3.6k -3,627
89 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 352,417352.4k $33.9m $33.9m 0.02% Added +282.9k +282,921
90 FIRST FINANCIAL BANK - TRUST DIVISION 2.72% of their portfolio HAMILTON, OH 343,880343.9k $33.1m $33.1m 2.72% Added +21.8k +21,830
91 SG Americas Securities, LLC 0.04% of their portfolio NEW YORK, NY 342,884342.9k $33.0m $33.0m 0.04% Added +67.2k +67,175
92 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 337,467337.5k $32.5m $32.5m 0.04% Reduced -292.1k -292,103
93 Blue Edge Capital, LLC 4.31% of their portfolio RICHMOND, VA 334,910334.9k $32.2m $32.2m 4.31% Added +12.8k +12,780
94 Farther Finance Advisors, LLC 0.32% of their portfolio SAN FRANCISCO, CA 314,652314.7k $30.3m $30.3m 0.32% Added +23.8k +23,807
95 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 301,057301.1k $28.9m $28.9m 0.03% Reduced -59.9k -59,926
96 SACHEM HILL LLC 5.62% of their portfolio DENVER, CO 300,826300.8k $28.9m $28.9m 5.62% Added +4.8k +4,847
97 WEST PACES ADVISORS INC. 5.44% of their portfolio ATLANTA, GA 292,462292.5k $28.1m $28.1m 5.44% Added +5.6k +5,645
98 WEALTH MANAGEMENT RESOURCES, INC. 9.89% of their portfolio SMITHFIELD, RI 292,048292.0k $28.1m $28.1m 9.89% Reduced -6.0k -6,048
99 Virtue Capital Management, LLC 4.26% of their portfolio BRENTWOOD, TN 287,995288.0k $27.7m $27.7m 4.26% Added +284.5k +284,533
100 Joule Financial, LLC 8.19% of their portfolio Lexington, KY 284,211284.2k $27.3m $27.3m 8.19% Added +5.2k +5,167