Vault-13

ISHARES TR IWS

RUS MDCP VAL ETF · ETP · CUSIP 464287473

921 institutional holders -6 vs Q1 2025
82,692,24982.7m shares reported held*
$10.9bnreported value*
52 new 287 added 324 reduced 57 sold out net sold ≈ $196.2m (-1.5m 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 ($4.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $132.11. Options: 2 managers hold calls ($1.9m notional), 0 hold puts (—).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 749Q4 22: 835Q1 23: 798Q2 23: 802Q3 23: 790Q4 23: 857Q1 24: 854Q2 24: 859Q3 24: 882Q4 24: 950Q1 25: 927Q2 25: 921921Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022749
Q4 2022835
Q1 2023798
Q2 2023802
Q3 2023790
Q4 2023857
Q1 2024854
Q2 2024859
Q3 2024882
Q4 2024950
Q1 2025927
Q2 2025921

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q3 23: 248 bought or addedQ3 23: 350 cut or sold outQ4 23: 340 bought or addedQ4 23: 326 cut or sold outQ4 23Q1 24: 305 bought or addedQ1 24: 375 cut or sold outQ2 24: 318 bought or addedQ2 24: 338 cut or sold outQ2 24Q3 24: 329 bought or addedQ3 24: 342 cut or sold outQ4 24: 360 bought or addedQ4 24: 303 cut or sold outQ4 24Q1 25: 303 bought or addedQ1 25: 414 cut or sold outQ2 25: 339 bought or addedQ2 25: 381 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023248350
Q4 2023340326
Q1 2024305375
Q2 2024318338
Q3 2024329342
Q4 2024360303
Q1 2025303414
Q2 2025339381

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ3 24 calls: $4.8mQ3 24 puts: $211.6kQ3 24P/C 0.04Q4 24 calls: $2.4mQ4 24 puts: $620.8kQ4 24P/C 0.26Q1 25 calls: $1.2mQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $1.9mQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$4.8m$211.6k0.04
Q4 2024$2.4m$620.8k0.26
Q1 2025$1.2m$00.00
Q2 2025$1.9m$00.00

Biggest buyers

ROYAL BANK OF CANADA Added +1,821,073+1.8m
JONES FINANCIAL COMPANIES LLLP Added +748,019+748.0k
SVB WEALTH LLC New +278,757+278.8k
Pacific Life Fund Advisors LLC Added +230,878+230.9k
BNP PARIBAS FINANCIAL MARKETS Added +198,581+198.6k
MORGAN STANLEY Added +161,802+161.8k
Rockefeller Capital Management L.P. Added +136,404+136.4k
Arax Advisory Partners Added +135,361+135.4k
ENVESTNET ASSET MANAGEMENT INC Added +133,818+133.8k
AE Wealth Management LLC Added +72,432+72.4k

Biggest sellers

US BANCORP \DE\ Reduced -2,070,502-2.1m
Envestnet Portfolio Solutions, Inc. Reduced -1,169,609-1.2m
AMERICAN CENTURY COMPANIES INC Sold out -619,916-619.9k
ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ Reduced -236,421-236.4k
WELLINGTON MANAGEMENT GROUP LLP Sold out -175,806-175.8k
RAYMOND JAMES FINANCIAL INC Reduced -156,989-157.0k
NATIXIS ADVISORS, LLC Reduced -155,006-155.0k
Bellwether Advisors, LLC Reduced -127,885-127.9k
COMMERCE BANK Reduced -127,659-127.7k
Corient Private Wealth LP Reduced -110,132-110.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.6m12.2k shares
CITADEL ADVISORS LLC Reduced $277.5k2.1k shares

Biggest puts

None

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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JONES FINANCIAL COMPANIES LLLP 1.08% of their portfolio DES PERES, MO 10,804,65710.8m $1.4bn $1.4bn 1.08% Added +748.0k +748,019
2 MORGAN STANLEY 0.07% of their portfolio NEW YORK, NY 8,159,3798.2m $1.1bn $1.1bn 0.07% Added +161.8k +161,802
3 ROYAL BANK OF CANADA 0.07% of their portfolio TORONTO, A6 5,152,5445.2m $680.9m $680.9m 0.07% Added +1.8m +1,821,073
4 WELLS FARGO & COMPANY/MN 0.11% of their portfolio SAN FRANCISCO, CA 3,800,3413.8m $502.2m $502.2m 0.11% Added +10.6k +10,555
5 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 3,759,7383.8m $496.8m $496.8m 0.04% Added +16.4k +16,361
6 TIAA TRUST, NATIONAL ASSOCIATION 1.17% of their portfolio CHARLOTTE, NC 3,393,0133.4m $448.3m $448.3m 1.17% Added +11.4k +11,380
7 Envestnet Portfolio Solutions, Inc. 1.35% of their portfolio BERWYN, PA 2,775,0762.8m $366.7m $366.7m 1.35% Reduced -1.2m -1,169,609
8 FIRST CITIZENS BANK & TRUST CO 6.26% of their portfolio RALEIGH, NC 2,618,9672.6m $346.1m $346.1m 6.26% Reduced -2.7k -2,691
9 US BANCORP \DE\ 0.38% of their portfolio MINNEAPOLIS, MN 2,284,7502.3m $301.9m $301.9m 0.38% Reduced -2.1m -2,070,502
10 COMMONWEALTH EQUITY SERVICES, LLC 0.38% of their portfolio WALTHAM, MA 2,194,5042.2m $290.0m $290.0m 0.38% Reduced -62.9k -62,923
11 COMMERCE BANK 1.63% of their portfolio KANSAS CITY, MO 2,087,6462.1m $275.9m $275.9m 1.63% Reduced -127.7k -127,659
12 FMR LLC 0.01% of their portfolio BOSTON, MA 1,970,4092.0m $260.4m $260.4m 0.01% Reduced -17.7k -17,741
13 UBS Group AG 0.05% of their portfolio ZURICH, V8 1,647,7341.6m $217.7m $217.7m 0.05% Reduced -29.2k -29,249
14 Betterment LLC 0.46% of their portfolio NEW YORK, NY 1,639,6101.6m $216.7m $216.7m 0.46% Reduced -71.2k -71,250
15 PNC Financial Services Group, Inc. 0.11% of their portfolio Pittsburgh, PA 1,341,8521.3m $177.3m $177.3m 0.11% Reduced -80.6k -80,646
16 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 1,164,2971.2m $153.9m $153.9m 0.05% Added +2.7k +2,657
17 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 1,128,1231.1m $149.5m $149.5m 0.04% Added +36.9k +36,938
18 Cassaday & Co Wealth Management LLC 3.23% of their portfolio MCLEAN, VA 976,963977.0k $129.1m $129.1m 3.23% Added +4.7k +4,749
19 ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ 6.87% of their portfolio SALT LAKE CITY, UT 968,256968.3k $127.9m $127.9m 6.87% Reduced -236.4k -236,421
20 VICTORY CAPITAL MANAGEMENT INC 0.08% of their portfolio San Antonio, TX 943,296943.3k $124.6m $124.6m 0.08% Added +12.2k +12,196
21 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 836,341836.3k $110.5m $110.5m 0.03% Added +133.8k +133,818
22 STEPHENS INC /AR/ 1.52% of their portfolio LITTLE ROCK, AR 835,726835.7k $110.4m $110.4m 1.52% Added +19.2k +19,155
23 STEPHENS GROUP ASSET MANAGEMENT, LLC 7.07% of their portfolio LITTLE ROCK, AR 743,919743.9k $98.3m $98.3m 7.07% Added +32.8k +32,801
24 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 677,579677.6k $89.5m $89.5m 0.01% Reduced -14.8k -14,786
25 Pacific Life Fund Advisors LLC 8.92% of their portfolio NEWPORT BEACH, CA 630,104630.1k $83.3m $83.3m 8.92% Added +230.9k +230,878
26 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 537,009537.0k $71.0m $71.0m 0.02% Reduced -157.0k -156,989
27 Heritage Wealth Advisors 3.23% of their portfolio RICHMOND, VA 515,391515.4k $68.1m $68.1m 3.23% Added +2.2k +2,216
28 Equitable Holdings, Inc. 0.49% of their portfolio NEW YORK, NY 445,974446.0k $58.9m $58.9m 0.49% Reduced -24.3k -24,254
29 TRUIST FINANCIAL CORP 0.08% of their portfolio CHARLOTTE, NC 433,706433.7k $57.3m $57.3m 0.08% Added +4.0k +3,999
30 MONEY CONCEPTS CAPITAL CORP 3.80% of their portfolio PALM BEACH GARDENS, FL 430,145430.1k $56.8m $56.8m 3.80% Added +6.8k +6,757
31 AE Wealth Management LLC 0.35% of their portfolio TOPEKA, KS 365,411365.4k $48.3m $48.3m 0.35% Added +72.4k +72,432
32 Lido Advisors, LLC 0.24% of their portfolio Los Angeles, CA 343,702343.7k $45.4m $45.4m 0.24% Added +7.9k +7,899
33 AMG National Trust Bank 1.17% of their portfolio GREENWOOD VILLAGE, CO 337,660337.7k $44.6m $44.6m 1.17% Reduced -4.6k -4,608
34 Cetera Investment Advisers 0.07% of their portfolio SCHAUMBURG, IL 335,123335.1k $44.3m $44.3m 0.07% Added +8.7k +8,678
35 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 303,868303.9k $40.2m $40.2m 0.05% Added +136.4k +136,404
36 Mariner, LLC 0.05% of their portfolio Overland Park, KS 283,402283.4k $37.4m $37.4m 0.05% Added +3.0k +3,020
37 SVB WEALTH LLC 1.97% of their portfolio BOSTON, MA 278,757278.8k $36.8m $36.8m 1.97% New
38 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 274,503274.5k $36.3m $36.3m 0.03% Reduced -79.2k -79,230
39 Chicago Partners Investment Group LLC 1.06% of their portfolio CHICAGO, IL 267,140267.1k $36.7m $36.7m 1.06% Reduced -1.9k -1,893
40 Cedar Mountain Advisors, LLC 7.06% of their portfolio LAKE OSWEGO, OR 257,168257.2k $34.0m $34.0m 7.06% Added +2.3k +2,297
41 One Capital Management, LLC 1.17% of their portfolio WESTLAKE VILLAGE, CA 255,878255.9k $33.8m $33.8m 1.17% Reduced -47.7k -47,681
42 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 248,581248.6k $32.8m $32.8m 0.03% Added +198.6k +198,581
43 GLOBALT Investments LLC / GA 1.23% of their portfolio Atlanta, GA 242,249242.2k $32.0m $32.0m 1.23% Reduced -7.3k -7,340
44 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 231,764231.8k $30.3m $30.3m 0.05% Added +64.2k +64,193
45 LPWM LLC 8.54% of their portfolio MINNEAPOLIS, MN 221,668221.7k $29.3m $29.3m 8.54% Added +9.7k +9,694
46 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 217,781217.8k $28.8m $28.8m 0.04% Reduced -4.7k -4,704
47 Wescott Financial Advisory Group, LLC 2.71% of their portfolio Philadelphia, PA 214,295214.3k $28.3m $28.3m 2.71% Reduced -2.5k -2,487
48 Focus Partners Wealth 0.06% of their portfolio ST LOUIS, MO 206,898206.9k $27.3m $27.3m 0.06% Added +40.2k +40,159
49 KEYBANK NATIONAL ASSOCIATION/OH 0.10% of their portfolio BROOKLYN, OH 201,451201.5k $26.6m $26.6m 0.10% Reduced -951 -951
50 ANCHOR CAPITAL ADVISORS LLC 0.75% of their portfolio Boston, MA 193,925193.9k $25.6m $25.6m 0.75% Added +64.0k +63,958
51 MONETA GROUP INVESTMENT ADVISORS LLC 0.28% of their portfolio ST LOUIS, MO 180,420180.4k $23.8m $23.8m 0.28% Added +10.6k +10,554
52 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 174,660174.7k $23.1m $23.1m 0.00% Reduced -2.8k -2,824
53 Rodgers & Associates, LTD 2.49% of their portfolio Lancaster, PA 171,776171.8k $22.7m $22.7m 2.49% Added +4.4k +4,369
54 M&T Bank Corp 0.08% of their portfolio BUFFALO, NY 170,528170.5k $22.5m $22.5m 0.08% Reduced -5.2k -5,192
55 Badgley Phelps Wealth Managers, LLC 0.49% of their portfolio SEATTLE, WA 166,625166.6k $22.0m $22.0m 0.49% Added +2.8k +2,750
56 Covenant Partners, LLC 6.29% of their portfolio Nashville, TN 159,397159.4k $21.1m $21.1m 6.29% Reduced -16.8k -16,766
57 CAPTRUST FINANCIAL ADVISORS 0.05% of their portfolio RALEIGH, NC 158,581158.6k $21.0m $21.0m 0.05% Added +10.5k +10,503
58 First Citizens Asset Management, Inc. 7.25% of their portfolio RALEIGH, NC 154,826154.8k $20.5m $20.5m 7.25% Added +23.8k +23,820
59 NATIXIS ADVISORS, LLC 0.03% of their portfolio Boston, MA 152,332152.3k $20.1m $20.1m 0.03% Reduced -155.0k -155,006
60 Asset Management Group, Inc. 3.49% of their portfolio STAMFORD, CT 151,496151.5k $20.0m $20.0m 3.49% Added +306 +306
61 Kestra Advisory Services, LLC 0.10% of their portfolio AUSTIN, TX 150,025150.0k $19.8m $19.8m 0.10% Reduced -28.6k -28,571
62 Arax Advisory Partners 0.89% of their portfolio NEW YORK, NY 142,176142.2k $19.4m $19.4m 0.89% Added +135.4k +135,361
63 RTD Financial Advisors, Inc. 2.38% of their portfolio Philadelphia, PA 140,569140.6k $18.6m $18.6m 2.38% Reduced -28.8k -28,768
64 Bishop & Co Investment Management, LLC 6.49% of their portfolio Erie, PA 136,686136.7k $18.1m $18.1m 6.49% Reduced -3.4k -3,354
65 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 135,051135.1k $17.8m $17.8m 0.02% Added +3.4k +3,374
66 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 134,266134.3k $17.7m $17.7m 0.00% Added +1.2k +1,191
67 CIBC Private Wealth Group LLC 0.03% of their portfolio ATLANTA, GA 134,055134.1k $17.7m $17.7m 0.03% Reduced -68 -68
68 LBJ Family Wealth Advisors, Ltd. 9.72% of their portfolio AUSTIN, TX 126,510126.5k $16.7m $16.7m 9.72% Added +550 +550
69 Sterling Capital Management LLC 0.24% of their portfolio CHARLOTTE, NC 126,123126.1k $16.7m $16.7m 0.24% Added +20.8k +20,769
70 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 125,913125.9k $16.6m $16.6m 0.01% Added +15.5k +15,510
71 Steward Partners Investment Advisory, LLC 0.13% of their portfolio STAMFORD, CT 123,104123.1k $16.3m $16.3m 0.13% Added +3.7k +3,696
72 FIFTH THIRD BANCORP 0.05% of their portfolio CINCINNATI, OH 119,792119.8k $15.8m $15.8m 0.05% Reduced -10.7k -10,737
73 THOMPSON SIEGEL & WALMSLEY LLC 0.27% of their portfolio RICHMOND, VA 119,678119.7k $15.8m $15.8m 0.27% Reduced -52.3k -52,341
74 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 114,969115.0k $15.2m $15.2m 0.01% Added +1.2k +1,222
75 Avantax Planning Partners, Inc. 0.48% of their portfolio DUBUQUE, IA 114,285114.3k $15.1m $15.1m 0.48% Added +58.0k +57,970
76 LifeWealth Investments, LLC 2.56% of their portfolio WINTER GARDEN, FL 113,220113.2k $15.0m $15.0m 2.56% Added +40.6k +40,593
77 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 111,614111.6k $14.7m $14.7m 0.02% Reduced -110.1k -110,132
78 FSA Wealth Management LLC 5.70% of their portfolio Needham, MA 110,646110.6k $14.6m $14.6m 5.70% Reduced -3.6k -3,638
79 Fifth Third Securities, Inc. 1.08% of their portfolio Cincinnati, OH 108,971109.0k $14.4m $14.4m 1.08% Added +1.5k +1,463
80 Waverly Advisors, LLC 0.16% of their portfolio BIRMINGHAM, AL 107,436107.4k $14.2m $14.2m 0.16% Reduced -2.1k -2,068
81 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 105,256105.3k $13.9m $13.9m 0.02% Reduced -621 -621
82 COMERICA BANK 0.05% of their portfolio DALLAS, TX 103,045103.0k $13.6m $13.6m 0.05% Reduced -2.4k -2,402
83 Prosperity Consulting Group, LLC 0.96% of their portfolio OWINGS MILLS, MD 99,19799.2k $13.1m $13.1m 0.96% Added +6.4k +6,382
84 EVERGREEN CAPITAL MANAGEMENT LLC 0.38% of their portfolio Bellevue, WA 96,78996.8k $12.8m $12.8m 0.38% Added +5.0k +5,047
85 BOKF, NA 0.20% of their portfolio TULSA, OK 94,44494.4k $12.5m $12.5m 0.20% Added +56 +56
86 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 92,94592.9k $12.3m $12.3m 0.01% Reduced -1.1k -1,139
87 Occidental Asset Management, LLC 1.69% of their portfolio Burlingame, CA 92,50092.5k $12.2m $12.2m 1.69% Added +682 +682
88 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 91,86891.9k $12.4m $12.4m 0.02% Reduced -657 -657
89 JOHNSON INVESTMENT COUNSEL INC 0.11% of their portfolio Cincinnati, OH 88,48388.5k $11.7m $11.7m 0.11% Reduced -5.9k -5,851
90 Clearstead Advisors, LLC 0.16% of their portfolio CLEVELAND, OH 85,71585.7k $11.3m $11.3m 0.16% Reduced -224 -224
91 First Horizon Advisors, Inc. 0.28% of their portfolio MEMPHIS, TN 82,81082.8k $10.9m $10.9m 0.28% Added +5.5k +5,459
92 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.15% of their portfolio CINCINNATI, OH 82,13782.1k $10.9m $10.9m 0.15% Reduced -1.5k -1,477
93 KESTRA PRIVATE WEALTH SERVICES, LLC 0.15% of their portfolio AUSTIN, TX 79,44579.4k $10.5m $10.5m 0.15% Added +4.3k +4,322
94 MAI Capital Management 0.07% of their portfolio INDEPENDENCE, OH 79,11079.1k $10.5m $10.5m 0.07% Added +2.9k +2,861
95 JMG Financial Group, Ltd. 0.31% of their portfolio DOWNERS GROVE, IL 78,41478.4k $10.4m $10.4m 0.31% Reduced -418 -418
96 UMB Bank, n.a. 0.16% of their portfolio Kansas City, MO 78,23378.2k $10.3m $10.3m 0.16% Reduced -7.4k -7,408
97 Savant Capital, LLC 0.07% of their portfolio ROCKFORD, IL 76,10976.1k $10.1m $10.1m 0.07% Added +245 +245
98 Simplicity Wealth,LLC 0.40% of their portfolio SUMMIT, NJ 73,51473.5k $9.7m $9.7m 0.40% Added +40.2k +40,151
99 SYNOVUS FINANCIAL CORP 0.12% of their portfolio Columbus, GA 72,95573.0k $9.6m $9.6m 0.12% Added +2.4k +2,427
100 CWM, LLC 0.03% of their portfolio OMAHA, NE 72,24272.2k $9.5m $9.5m 0.03% Added +3.3k +3,337