Vault-13

ISHARES TR SHY

1 3 YR TREAS BD · ETP · CUSIP 464287457

1,191 institutional holders +14 vs Q1 2025
230,573,656230.6m shares reported held*
$19.0bnreported value*
98 new 471 added 448 reduced 85 sold out net bought ≈ $892.8m (+12.6m 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 ($56.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $82.40. Options: 4 managers hold calls ($2.1m notional), 2 hold puts ($3.4m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,048Q4 22: 1,114Q1 23: 1,111Q2 23: 1,091Q3 23: 1,076Q4 23: 1,127Q1 24: 1,109Q2 24: 1,094Q3 24: 1,104Q4 24: 1,177Q1 25: 1,177Q2 25: 1,1911,191Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 20221,048
Q4 20221,114
Q1 20231,111
Q2 20231,091
Q3 20231,076
Q4 20231,127
Q1 20241,109
Q2 20241,094
Q3 20241,104
Q4 20241,177
Q1 20251,177
Q2 20251,191

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ3 23: 450 bought or addedQ3 23: 571 cut or sold outQ4 23: 478 bought or addedQ4 23: 563 cut or sold outQ4 23Q1 24: 458 bought or addedQ1 24: 585 cut or sold outQ2 24: 468 bought or addedQ2 24: 560 cut or sold outQ2 24Q3 24: 497 bought or addedQ3 24: 526 cut or sold outQ4 24: 513 bought or addedQ4 24: 511 cut or sold outQ4 24Q1 25: 528 bought or addedQ1 25: 552 cut or sold outQ2 25: 569 bought or addedQ2 25: 533 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023450571
Q4 2023478563
Q1 2024458585
Q2 2024468560
Q3 2024497526
Q4 2024513511
Q1 2025528552
Q2 2025569533

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ3 24 calls: $37.5mQ3 24 puts: $16.3mQ3 24P/C 0.43Q4 24 calls: $28.2mQ4 24 puts: $3.6mQ4 24P/C 0.13Q1 25 calls: $1.4mQ1 25 puts: $794.2kQ1 25P/C 0.55Q2 25 calls: $2.1mQ2 25 puts: $3.4mQ2 25P/C 1.61
Numbers
QuarterCallsPutsP/C
Q3 2024$37.5m$16.3m0.43
Q4 2024$28.2m$3.6m0.13
Q1 2025$1.4m$794.2k0.55
Q2 2025$2.1m$3.4m1.61

Biggest buyers

ROYAL BANK OF CANADA Added +4,450,257+4.5m
ASSETMARK, INC Added +3,917,307+3.9m
Bank of New York Mellon Corp Added +2,734,684+2.7m
MIZUHO MARKETS AMERICAS LLC Added +2,243,457+2.2m
CRITERIA CAIXA, S.A.U. New +2,000,000+2.0m
FMR LLC Added +1,394,410+1.4m
AIA Group Ltd Added +736,610+736.6k
BARCLAYS PLC Added +525,774+525.8k
CAPTRUST FINANCIAL ADVISORS Added +502,122+502.1k
GOLDMAN SACHS GROUP INC Added +494,007+494.0k

Biggest sellers

MORGAN STANLEY Reduced -2,862,624-2.9m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -1,462,737-1.5m
Advisors Preferred, LLC Sold out -1,240,581-1.2m
RAYMOND JAMES FINANCIAL INC Reduced -872,308-872.3k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -868,444-868.4k
Corient Private Wealth LP Reduced -766,242-766.2k
JPMORGAN CHASE & CO Reduced -499,313-499.3k
RENAISSANCE TECHNOLOGIES LLC Reduced -489,629-489.6k
Marks Wealth, LLC Sold out -429,648-429.6k
TRUIST FINANCIAL CORP Reduced -368,463-368.5k

Biggest calls

WOLVERINE TRADING, LLC Added $736.9k8.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Unchanged $679.5k8.2k shares
CITADEL ADVISORS LLC Added $464.0k5.6k shares
JANE STREET GROUP, LLC Reduced $265.2k3.2k shares

Biggest puts

WOLVERINE TRADING, LLC New $1.9m23.5k shares
CITADEL ADVISORS LLC Added $1.5m18.1k 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: BlackRock Portfolio Management LLC (4.8%, 2026-01-21)

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.17% of their portfolio NEW YORK, NY 30,757,00030.8m $2.5bn $2.5bn 0.17% Reduced -2.9m -2,862,624
2 BlackRock, Inc. 0.03% of their portfolio New York, NY 16,548,35116.5m $1.4bn $1.4bn 0.03% Added +260.5k +260,455
3 BANK OF AMERICA CORP /DE/ 0.08% of their portfolio CHARLOTTE, NC 11,606,99311.6m $961.8m $961.8m 0.08% Reduced -337.8k -337,784
4 JPMORGAN CHASE & CO 0.06% of their portfolio NEW YORK, NY 10,920,79310.9m $904.9m $904.9m 0.06% Reduced -499.3k -499,313
5 CAPTRUST FINANCIAL ADVISORS 1.99% of their portfolio RALEIGH, NC 10,742,82910.7m $890.2m $890.2m 1.99% Added +502.1k +502,122
6 ROYAL BANK OF CANADA 0.06% of their portfolio TORONTO, A6 7,613,3627.6m $630.8m $630.8m 0.06% Added +4.5m +4,450,257
7 ASSETMARK, INC 1.39% of their portfolio CONCORD, CA 7,098,0257.1m $588.1m $588.1m 1.39% Added +3.9m +3,917,307
8 LPL Financial LLC 0.19% of their portfolio FORT MILL, SC 6,818,3246.8m $565.0m $565.0m 0.19% Reduced -37.2k -37,154
9 Bank of New York Mellon Corp 0.10% of their portfolio NEW YORK, NY 6,430,8796.4m $532.9m $532.9m 0.10% Added +2.7m +2,734,684
10 UBS Group AG 0.09% of their portfolio ZURICH, V8 5,258,6035.3m $435.7m $435.7m 0.09% Added +143.7k +143,652
11 WELLS FARGO & COMPANY/MN 0.09% of their portfolio SAN FRANCISCO, CA 5,025,2245.0m $416.4m $416.4m 0.09% Reduced -49.6k -49,619
12 AMERIPRISE FINANCIAL INC 0.09% of their portfolio MINNEAPOLIS, MN 4,424,1604.4m $373.1m $373.1m 0.09% Added +381.0k +380,980
13 ENVESTNET ASSET MANAGEMENT INC 0.10% of their portfolio Berwyn, PA 4,292,6364.3m $355.6m $355.6m 0.10% Added +31.2k +31,215
14 RAYMOND JAMES FINANCIAL INC 0.12% of their portfolio ST. PETERSBURG, FL 4,196,2894.2m $347.7m $347.7m 0.12% Reduced -872.3k -872,308
15 BANK OF MONTREAL /CAN/ 0.15% of their portfolio TORONTO, A6 3,548,6573.5m $294.0m $294.0m 0.15% Reduced -107.6k -107,644
16 PINEBRIDGE INVESTMENTS, L.P. 2.21% of their portfolio NEW YORK, NY 3,367,0003.4m $279.0m $279.0m 2.21% Reduced -231.6k -231,600
17 TRUIST FINANCIAL CORP 0.32% of their portfolio CHARLOTTE, NC 2,663,5802.7m $220.7m $220.7m 0.32% Reduced -368.5k -368,463
18 MIZUHO MARKETS AMERICAS LLC 7.07% of their portfolio NEW YORK, NY 2,586,1032.6m $214.3m $214.3m 7.07% Added +2.2m +2,243,457
19 Cerity Partners LLC 0.37% of their portfolio NEW YORK, NY 2,511,0672.5m $208.1m $208.1m 0.37% Added +39.7k +39,744
20 CRITERIA CAIXA, S.A.U. 1.52% of their portfolio BARCELONA, U3 2,000,0002.0m $11.6m $11.6m 1.52% New
21 AIA Group Ltd 2.54% of their portfolio HONG KONG, K3 1,411,7451.4m $117.0m $117.0m 2.54% Added +736.6k +736,610
22 FMR LLC 0.01% of their portfolio BOSTON, MA 1,402,3081.4m $116.2m $116.2m 0.01% Added +1.4m +1,394,410
23 PNC Financial Services Group, Inc. 0.07% of their portfolio Pittsburgh, PA 1,367,2821.4m $113.3m $113.3m 0.07% Added +36.8k +36,788
24 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,357,4041.4m $112.5m $112.5m 0.02% Added +494.0k +494,007
25 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 1,300,9631.3m $107.8m $107.8m 0.02% Reduced -1.5m -1,462,737
26 STIFEL FINANCIAL CORP 0.10% of their portfolio ST. LOUIS, MO 1,291,5491.3m $107.0m $107.0m 0.10% Added +112.7k +112,706
27 Focus Partners Wealth 0.23% of their portfolio ST LOUIS, MO 1,289,6091.3m $106.9m $106.9m 0.23% Added +2.0k +2,021
28 CITIGROUP INC 0.07% of their portfolio NEW YORK, NY 1,238,6581.2m $102.6m $102.6m 0.07% Reduced -66.7k -66,744
29 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.07% of their portfolio MILWAUKEE, WI 1,180,3321.2m $97.8m $97.8m 0.07% Added +60.7k +60,657
30 OSAIC HOLDINGS, INC. 0.16% of their portfolio SCOTTSDALE, AZ 1,111,0081.1m $92.0m $92.0m 0.16% Added +369.0k +369,042
31 Smithfield Trust Co 4.30% of their portfolio PITTSBURGH, PA 1,099,6301.1m $91.1m $91.1m 4.30% Added +205 +205
32 Lido Advisors, LLC 0.48% of their portfolio Los Angeles, CA 1,093,6101.1m $90.6m $90.6m 0.48% Added +446.3k +446,266
33 HighTower Advisors, LLC 0.11% of their portfolio CHICAGO, IL 1,069,3651.1m $88.6m $88.6m 0.11% Added +191.7k +191,719
34 MML INVESTORS SERVICES, LLC 0.23% of their portfolio SPRINGFIELD, MA 979,909979.9k $81.2m $81.2m 0.23% Added +105.8k +105,840
35 TD PRIVATE CLIENT WEALTH LLC 1.83% of their portfolio NEW YORK, NY 897,233897.2k $74.3m $74.3m 1.83% Reduced -21.5k -21,465
36 TFC Financial Management, Inc. 10.02% of their portfolio BOSTON, MA 882,610882.6k $73.1m $73.1m 10.02% Added +1.9k +1,868
37 Wealthfront Advisers LLC 0.19% of their portfolio Palo Alto, CA 878,644878.6k $72.8m $72.8m 0.19% Reduced -241.4k -241,422
38 US BANCORP \DE\ 0.09% of their portfolio MINNEAPOLIS, MN 832,608832.6k $69.0m $69.0m 0.09% Added +23.7k +23,695
39 GM Advisory Group, LLC 3.41% of their portfolio MELVILLE, NY 832,544832.5k $69.0m $69.0m 3.41% Added +21.3k +21,288
40 Strategic Investment Advisors / MI 6.17% of their portfolio FARMINGTON HILLS, MI 766,795766.8k $63.5m $63.5m 6.17% Added +455.9k +455,930
41 Bleakley Financial Group, LLC 1.58% of their portfolio PARSIPPANY, NJ 751,385751.4k $62.3m $62.3m 1.58% Added +210.5k +210,463
42 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 743,369743.4k $61.6m $61.6m 0.02% Added +525.8k +525,774
43 RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio NEW YORK, NY 736,571736.6k $61.0m $61.0m 0.08% Reduced -489.6k -489,629
44 Cetera Investment Advisers 0.10% of their portfolio SCHAUMBURG, IL 721,292721.3k $59.8m $59.8m 0.10% Added +120.0k +119,978
45 M&T Bank Corp 0.20% of their portfolio BUFFALO, NY 707,667707.7k $58.6m $58.6m 0.20% Added +43.2k +43,209
46 BEACON INVESTMENT ADVISORY SERVICES, INC. 2.51% of their portfolio MORRISTOWN, NJ 685,531685.5k $56.8m $56.8m 2.51% Added +29.6k +29,589
47 Amundi 0.02% of their portfolio Paris, I0 670,200670.2k $55.3m $55.3m 0.02% Unchanged
48 COMMONWEALTH EQUITY SERVICES, LLC 0.07% of their portfolio WALTHAM, MA 664,211664.2k $55.0m $55.0m 0.07% Reduced -17.4k -17,385
49 ATWOOD & PALMER INC 3.42% of their portfolio KANSAS CITY, MO 660,278660.3k $54.7m $54.7m 3.42% Added +99.3k +99,345
50 Clarity Financial LLC 5.68% of their portfolio Houston, TX 637,040637.0k $52.8m $52.8m 5.68% Reduced -22.3k -22,325
51 SCOPUS ASSET MANAGEMENT, L.P. 1.34% of their portfolio NEW YORK, NY 605,726605.7k $50.2m $50.2m 1.34% Reduced -13.3k -13,274
52 GUGGENHEIM CAPITAL LLC 0.38% of their portfolio CHICAGO, IL 559,978560.0k $46.4m $46.4m 0.38% Added +58.3k +58,321
53 STEPHENS INC /AR/ 0.62% of their portfolio LITTLE ROCK, AR 541,300541.3k $44.9m $44.9m 0.62% Reduced -84.5k -84,495
54 VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio San Antonio, TX 517,731517.7k $42.9m $42.9m 0.03% Reduced -428 -428
55 Quent Capital, LLC 4.00% of their portfolio NEW YORK, NY 499,965500.0k $41.4m $41.4m 4.00% Reduced -30.7k -30,725
56 ELEMENT POINTE ADVISORS, LLC 9.94% of their portfolio MIAMI, FL 495,769495.8k $41.1m $41.1m 9.94% Reduced -36.6k -36,641
57 Curi Capital, LLC 0.78% of their portfolio CHICAGO, IL 493,639493.6k $40.9m $40.9m 0.78% Added +1.1k +1,130
58 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 474,084474.1k $39.3m $39.3m 0.05% Added +235.6k +235,605
59 Modern Wealth Management, LLC 0.95% of their portfolio KANSAS CITY, MO 464,347464.3k $38.5m $38.5m 0.95% Added +72.1k +72,128
60 NorthCoast Asset Management LLC 0.16% of their portfolio STAMFORD, CT 461,538461.5k $38.2m $38.2m 0.16% Added +178.8k +178,849
61 Silicon Valley Capital Partners 3.98% of their portfolio SAN JOSE, CA 459,795459.8k $38.1m $38.1m 3.98% New
62 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.53% of their portfolio CINCINNATI, OH 456,099456.1k $37.8m $37.8m 0.53% Added +51.8k +51,847
63 America First Investment Advisors, LLC 7.48% of their portfolio OMAHA, NE 452,822452.8k $37.5m $37.5m 7.48% Added +1.2k +1,206
64 Mader & Shannon Wealth Management, Inc. 20.02% of their portfolio KANSAS CITY, MO 443,597443.6k $36.8m $36.8m 20.02% New
65 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.06% of their portfolio PLYMOUTH, MN 425,730425.7k $35.1m $35.1m 0.06% Reduced -4.1k -4,108
66 COMERICA BANK 0.14% of their portfolio DALLAS, TX 420,530420.5k $34.8m $34.8m 0.14% Reduced -5.9k -5,870
67 SYNOVUS FINANCIAL CORP 0.42% of their portfolio Columbus, GA 414,500414.5k $34.3m $34.3m 0.42% Added +90.1k +90,126
68 SouthState Bank Corp 1.43% of their portfolio Winter Haven, FL 395,358395.4k $32.8m $32.8m 1.43% Added +22.5k +22,526
69 CWA Asset Management Group, LLC 1.38% of their portfolio NAPLES, FL 394,083394.1k $32.7m $32.7m 1.38% Added +106.4k +106,405
70 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 385,189385.2k $31.9m $31.9m 0.01% Reduced -315.4k -315,389
71 Corient Private Wealth LP 0.04% of their portfolio MIAMI, FL 380,116380.1k $31.5m $31.5m 0.04% Reduced -766.2k -766,242
72 Fisher Asset Management, LLC 0.01% of their portfolio PLANO, TX 370,346370.3k $30.7m $30.7m 0.01% Reduced -10.3k -10,314
73 ZACKS INVESTMENT MANAGEMENT 0.26% of their portfolio Chicago, IL 366,227366.2k $30.3m $30.3m 0.26% Added +3.0k +3,050
74 Fiduciary Group, LLC 2.83% of their portfolio SAVANNAH, GA 362,380362.4k $30.0m $30.0m 2.83% Reduced -14.4k -14,409
75 Edge Wealth Management LLC 5.76% of their portfolio NEW YORK, NY 360,856360.9k $29.9m $29.9m 5.76% Added +9.8k +9,752
76 Cambridge Investment Research Advisors, Inc. 0.09% of their portfolio FAIRFIELD, IA 354,712354.7k $29.4m $29.4m 0.09% Reduced -3.3k -3,267
77 CX Institutional 1.02% of their portfolio AUBURN, IN 352,487352.5k $29.2m $29.2m 1.02% Added +91.6k +91,630
78 EVERGREEN CAPITAL MANAGEMENT LLC 0.87% of their portfolio Bellevue, WA 350,347350.3k $29.0m $29.0m 0.87% Reduced -8.7k -8,725
79 Willis Johnson & Associates, Inc. 1.95% of their portfolio Houston, TX 345,745345.7k $28.6m $28.6m 1.95% Added +6.4k +6,379
80 KEYBANK NATIONAL ASSOCIATION/OH 0.10% of their portfolio BROOKLYN, OH 335,435335.4k $27.8m $27.8m 0.10% Reduced -2.0k -1,970
81 SCOTIA CAPITAL INC. 0.13% of their portfolio TORONTO, A6 331,793331.8k $27.5m $27.5m 0.13% Added +128.0k +128,022
82 Foundations Investment Advisors, LLC 0.43% of their portfolio PHOENIX, AZ 331,122331.1k $27.4m $27.4m 0.43% Added +158.3k +158,306
83 Aptus Capital Advisors, LLC 0.27% of their portfolio FAIRHOPE, AL 328,267328.3k $27.2m $27.2m 0.27% Added +194.0k +194,040
84 Advisory Services Network, LLC 0.44% of their portfolio ATLANTA, GA 328,065328.1k $27.1m $27.1m 0.44% Reduced -34.7k -34,720
85 Allianz SE 0.62% of their portfolio Munich, 2M 319,129319.1k $26.4m $26.4m 0.62% Added +12.7k +12,710
86 Wellspring Financial Advisors, LLC 2.65% of their portfolio CLEVELAND, OH 318,215318.2k $26.4m $26.4m 2.65% Reduced -49.2k -49,235
87 Dakota Wealth Management 0.55% of their portfolio PALM BEACH GARDENS, FL 316,095316.1k $26.2m $26.2m 0.55% Added +54.7k +54,671
88 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 315,094315.1k $26.1m $26.1m 0.02% Added +42.3k +42,341
89 FIFTH THIRD BANCORP 0.09% of their portfolio CINCINNATI, OH 309,962310.0k $25.7m $25.7m 0.09% Added +1.5k +1,489
90 Private Advisor Group, LLC 0.14% of their portfolio MORRISTOWN, NJ 309,530309.5k $25.6m $25.6m 0.14% Added +27.8k +27,848
91 Kaydan Wealth Management, Inc. 8.32% of their portfolio FENTON, MI 306,668306.7k $25.4m $25.4m 8.32% New
92 Jaffetilchin Investment Partners, LLC 1.65% of their portfolio TAMPA, FL 304,595304.6k $25.2m $25.2m 1.65% Added +3.7k +3,669
93 OneDigital Investment Advisors LLC 0.27% of their portfolio OVERLAND PARK, KS 297,026297.0k $24.6m $24.6m 0.27% Reduced -9.7k -9,656
94 Mariner, LLC 0.03% of their portfolio Overland Park, KS 289,749289.7k $24.0m $24.0m 0.03% Reduced -198.5k -198,479
95 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 285,613285.6k $23.7m $23.7m 0.04% Added +12.8k +12,843
96 Moment Partners, LLC 4.40% of their portfolio SAN FRANCISCO, CA 283,230283.2k $23.5m $23.5m 4.40% Reduced -4.7k -4,665
97 Santa Clara Valley Transportation Authority 21.63% of their portfolio SAN JOSE, CA 275,229275.2k $22.8m $22.8m 21.63% Unchanged
98 HUNTINGTON NATIONAL BANK 0.15% of their portfolio COLUMBUS, OH 271,005271.0k $22.5m $22.5m 0.15% Reduced -5.9k -5,903
99 WOOSTER CORTHELL WEALTH MANAGEMENT, INC. 4.13% of their portfolio GLASTONBURY, CT 269,355269.4k $22.3m $22.3m 4.13% New
100 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.18% of their portfolio IRVING, TX 265,769265.8k $22.0m $22.0m 0.18% Reduced -14.2k -14,167