Vault-13

ISHARES TR IWP

RUS MD CP GR ETF · ETP · CUSIP 464287481

1,169 institutional holders +77 vs Q1 2025
103,696,057103.7m shares reported held*
$14.4bnreported value*
123 new 335 added 376 reduced 47 sold out net sold ≈ $282.6m (-2.1m 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 ($3.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $138.60. Options: 5 managers hold calls ($27.2m notional), 8 hold puts ($47.1m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 815Q4 22: 890Q1 23: 886Q2 23: 921Q3 23: 927Q4 23: 1,019Q1 24: 1,042Q2 24: 1,023Q3 24: 1,026Q4 24: 1,140Q1 25: 1,092Q2 25: 1,1691,169Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022815
Q4 2022890
Q1 2023886
Q2 2023921
Q3 2023927
Q4 20231,019
Q1 20241,042
Q2 20241,023
Q3 20241,026
Q4 20241,140
Q1 20251,092
Q2 20251,169

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q3 23: 311 bought or addedQ3 23: 351 cut or sold outQ4 23: 435 bought or addedQ4 23: 316 cut or sold outQ4 23Q1 24: 402 bought or addedQ1 24: 411 cut or sold outQ2 24: 371 bought or addedQ2 24: 418 cut or sold outQ2 24Q3 24: 392 bought or addedQ3 24: 389 cut or sold outQ4 24: 430 bought or addedQ4 24: 363 cut or sold outQ4 24Q1 25: 391 bought or addedQ1 25: 473 cut or sold outQ2 25: 458 bought or addedQ2 25: 423 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023311351
Q4 2023435316
Q1 2024402411
Q2 2024371418
Q3 2024392389
Q4 2024430363
Q1 2025391473
Q2 2025458423

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 24 calls: $7.0mQ3 24 puts: $609.9kQ3 24P/C 0.09Q4 24 calls: $10.7mQ4 24 puts: $1.7mQ4 24P/C 0.16Q1 25 calls: $15.5mQ1 25 puts: $10.9mQ1 25P/C 0.70Q2 25 calls: $27.2mQ2 25 puts: $47.1mQ2 25P/C 1.73
Numbers
QuarterCallsPutsP/C
Q3 2024$7.0m$609.9k0.09
Q4 2024$10.7m$1.7m0.16
Q1 2025$15.5m$10.9m0.70
Q2 2025$27.2m$47.1m1.73

Biggest buyers

MORGAN STANLEY Added +1,061,234+1.1m
ROYAL BANK OF CANADA Added +599,605+599.6k
JONES FINANCIAL COMPANIES LLLP Added +370,317+370.3k
BARCLAYS PLC Added +255,640+255.6k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +236,001+236.0k
Jacobi Capital Management LLC New +206,202+206.2k
Rockefeller Capital Management L.P. Added +193,877+193.9k
GenWealth Group, Inc. New +192,302+192.3k
SVB WEALTH LLC New +179,397+179.4k
Cullen/Frost Bankers, Inc. Added +130,679+130.7k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -1,841,383-1.8m
TRUIST FINANCIAL CORP Reduced -580,886-580.9k
CONGRESS ASSET MANAGEMENT CO Reduced -328,097-328.1k
BNP PARIBAS FINANCIAL MARKETS Reduced -306,562-306.6k
TIAA TRUST, NATIONAL ASSOCIATION Reduced -252,833-252.8k
WELLINGTON MANAGEMENT GROUP LLP Reduced -239,964-240.0k
FIRST CITIZENS BANK & TRUST CO Reduced -231,986-232.0k
Envestnet Portfolio Solutions, Inc. Reduced -229,507-229.5k
Summit Rock Advisors, LP Sold out -210,489-210.5k
PNC Financial Services Group, Inc. Reduced -200,748-200.7k

Biggest calls

Cubist Systematic Strategies, LLC Added $9.7m69.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.7m40.8k shares
CSS LLC/IL Added $4.6m33.0k shares
CITADEL ADVISORS LLC Reduced $3.8m27.4k shares
JANE STREET GROUP, LLC Added $3.5m25.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $24.2m174.5k shares
CSS LLC/IL Reduced $8.6m62.1k shares
Cubist Systematic Strategies, LLC Added $8.4m60.3k shares
BANK OF AMERICA CORP /DE/ New $2.1m15.0k shares
CAPITAL FUND MANAGEMENT S.A. New $1.5m10.8k shares
WOLVERINE TRADING, LLC Added $1.1m8.1k shares
JANE STREET GROUP, LLC New $651.8k4.7k shares
CITADEL ADVISORS LLC Reduced $596.3k4.3k 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.17% of their portfolio NEW YORK, NY 19,367,11919.4m $2.7bn $2.7bn 0.17% Added +1.1m +1,061,234
2 BANK OF AMERICA CORP /DE/ 0.07% of their portfolio CHARLOTTE, NC 6,625,1576.6m $918.8m $918.8m 0.07% Reduced -1.8m -1,841,383
3 JONES FINANCIAL COMPANIES LLLP 0.55% of their portfolio DES PERES, MO 5,231,8405.2m $719.0m $719.0m 0.55% Added +370.3k +370,317
4 WELLS FARGO & COMPANY/MN 0.16% of their portfolio SAN FRANCISCO, CA 5,168,7995.2m $716.8m $716.8m 0.16% Added +77.2k +77,245
5 TIAA TRUST, NATIONAL ASSOCIATION 0.92% of their portfolio CHARLOTTE, NC 2,540,7972.5m $352.3m $352.3m 0.92% Reduced -252.8k -252,833
6 AMERIPRISE FINANCIAL INC 0.09% of their portfolio MINNEAPOLIS, MN 2,524,8192.5m $350.4m $350.4m 0.09% Added +26.6k +26,620
7 COMMONWEALTH EQUITY SERVICES, LLC 0.46% of their portfolio WALTHAM, MA 2,498,3662.5m $346.5m $346.5m 0.46% Added +517 +517
8 PNC Financial Services Group, Inc. 0.22% of their portfolio Pittsburgh, PA 2,464,4582.5m $341.8m $341.8m 0.22% Reduced -200.7k -200,748
9 LPL Financial LLC 0.11% of their portfolio FORT MILL, SC 2,368,9982.4m $328.5m $328.5m 0.11% Added +70.3k +70,252
10 UBS Group AG 0.07% of their portfolio ZURICH, V8 2,283,7662.3m $316.7m $316.7m 0.07% Added +18.0k +17,979
11 Cassaday & Co Wealth Management LLC 7.32% of their portfolio MCLEAN, VA 2,110,0822.1m $292.6m $292.6m 7.32% Reduced -5.6k -5,559
12 ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio Berwyn, PA 1,990,7782.0m $276.1m $276.1m 0.08% Added +61.1k +61,149
13 COMMERCE BANK 1.41% of their portfolio KANSAS CITY, MO 1,722,7551.7m $238.9m $238.9m 1.41% Reduced -51.1k -51,107
14 Envestnet Portfolio Solutions, Inc. 0.82% of their portfolio BERWYN, PA 1,604,4551.6m $222.5m $222.5m 0.82% Reduced -229.5k -229,507
15 US BANCORP \DE\ 0.27% of their portfolio MINNEAPOLIS, MN 1,572,8261.6m $218.1m $218.1m 0.27% Added +11.7k +11,655
16 FIRST CITIZENS BANK & TRUST CO 3.73% of their portfolio RALEIGH, NC 1,486,5711.5m $206.2m $206.2m 3.73% Reduced -232.0k -231,986
17 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.14% of their portfolio MILWAUKEE, WI 1,348,4941.3m $187.0m $187.0m 0.14% Added +236.0k +236,001
18 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,266,4061.3m $175.6m $175.6m 0.02% Added +599.6k +599,605
19 FMR LLC 0.01% of their portfolio BOSTON, MA 1,168,1051.2m $162.0m $162.0m 0.01% Reduced -9.4k -9,424
20 OSAIC HOLDINGS, INC. 0.26% of their portfolio SCOTTSDALE, AZ 1,059,5131.1m $146.8m $146.8m 0.26% Added +85.8k +85,829
21 Cullen/Frost Bankers, Inc. 1.66% of their portfolio San Antonio, TX 956,036956.0k $132.6m $132.6m 1.66% Added +130.7k +130,679
22 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 801,901801.9k $111.2m $111.2m 0.04% Reduced -146.9k -146,899
23 Pacific Life Fund Advisors LLC 11.34% of their portfolio NEWPORT BEACH, CA 763,166763.2k $105.8m $105.8m 11.34% Added +2.7k +2,715
24 Financial Advisory Corp 16.11% of their portfolio Grand Rapids, MI 757,092757.1k $105.0m $105.0m 16.11% Added +21.1k +21,072
25 TRUIST FINANCIAL CORP 0.14% of their portfolio CHARLOTTE, NC 679,533679.5k $94.2m $94.2m 0.14% Reduced -580.9k -580,886
26 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 669,575669.6k $92.9m $92.9m 0.01% Reduced -142.5k -142,462
27 CIBC Private Wealth Group LLC 0.16% of their portfolio ATLANTA, GA 651,452651.5k $90.3m $90.3m 0.16% Reduced -51.5k -51,525
28 Mariner, LLC 0.13% of their portfolio Overland Park, KS 632,430632.4k $87.7m $87.7m 0.13% Added +14.0k +14,019
29 STEPHENS INC /AR/ 1.03% of their portfolio LITTLE ROCK, AR 542,492542.5k $75.2m $75.2m 1.03% Added +10.7k +10,656
30 STEPHENS GROUP ASSET MANAGEMENT, LLC 5.28% of their portfolio LITTLE ROCK, AR 528,903528.9k $73.3m $73.3m 5.28% Added +19.8k +19,822
31 American Family Investments, Inc. 3.96% of their portfolio MADISON, WI 523,294523.3k $72.6m $72.6m 3.96% Reduced -58.0k -58,000
32 Equitable Holdings, Inc. 0.58% of their portfolio NEW YORK, NY 509,448509.4k $70.7m $70.7m 0.58% Added +1.6k +1,613
33 ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ 3.69% of their portfolio SALT LAKE CITY, UT 496,003496.0k $68.8m $68.8m 3.69% Reduced -8.0k -8,047
34 Focus Partners Wealth 0.13% of their portfolio ST LOUIS, MO 431,338431.3k $59.8m $59.8m 0.13% Reduced -8.2k -8,195
35 Rodgers & Associates, LTD 6.42% of their portfolio Lancaster, PA 421,189421.2k $58.4m $58.4m 6.42% Added +772 +772
36 Cetera Investment Advisers 0.10% of their portfolio SCHAUMBURG, IL 419,450419.4k $58.2m $58.2m 0.10% Reduced -390 -390
37 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 407,911407.9k $56.6m $56.6m 0.01% Reduced -13.3k -13,257
38 JOHNSON INVESTMENT COUNSEL INC 0.50% of their portfolio Cincinnati, OH 404,889404.9k $56.1m $56.1m 0.50% Reduced -15.4k -15,431
39 GLOBALT Investments LLC / GA 2.08% of their portfolio Atlanta, GA 392,268392.3k $54.4m $54.4m 2.08% Reduced -36.2k -36,250
40 Creative Planning 0.05% of their portfolio OVERLAND PARK, KS 389,945389.9k $54.1m $54.1m 0.05% Added +7.2k +7,237
41 Rockefeller Capital Management L.P. 0.06% of their portfolio NEW YORK, NY 382,934382.9k $53.1m $53.1m 0.06% Added +193.9k +193,877
42 Wescott Financial Advisory Group, LLC 4.62% of their portfolio Philadelphia, PA 348,373348.4k $48.3m $48.3m 4.62% Reduced -12.7k -12,690
43 Integrated Investment Consultants, LLC 9.10% of their portfolio BLOOMFIELD HILLS, MI 334,003334.0k $46.3m $46.3m 9.10% Reduced -58.6k -58,626
44 AMG National Trust Bank 1.20% of their portfolio GREENWOOD VILLAGE, CO 329,913329.9k $45.8m $45.8m 1.20% Added +3.8k +3,757
45 M&T Bank Corp 0.15% of their portfolio BUFFALO, NY 318,390318.4k $44.2m $44.2m 0.15% Reduced -10.0k -9,966
46 Truepoint, Inc. 1.00% of their portfolio CINCINNATI, OH 288,646288.6k $40.0m $40.0m 1.00% Added +38.8k +38,765
47 Cedar Mountain Advisors, LLC 8.15% of their portfolio LAKE OSWEGO, OR 282,810282.8k $39.2m $39.2m 8.15% Reduced -418 -418
48 COMERICA BANK 0.15% of their portfolio DALLAS, TX 274,988275.0k $38.1m $38.1m 0.15% Reduced -7.6k -7,602
49 Wealthspire Advisors, LLC 0.21% of their portfolio NEW YORK, NY 272,482272.5k $37.8m $37.8m 0.21% Reduced -6.8k -6,788
50 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 271,820271.8k $37.7m $37.7m 0.01% Added +255.6k +255,640
51 Cambridge Investment Research Advisors, Inc. 0.11% of their portfolio FAIRFIELD, IA 267,134267.1k $37.0m $37.0m 0.11% Added +77.1k +77,074
52 Orion Porfolio Solutions, LLC 0.31% of their portfolio OMAHA, NE 262,309262.3k $36.4m $36.4m 0.31% Added +1.2k +1,230
53 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 247,849247.8k $34.4m $34.4m 0.03% Reduced -306.6k -306,562
54 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 240,515240.5k $33.4m $33.4m 0.04% Added +3.1k +3,121
55 Krilogy Financial LLC 1.91% of their portfolio ST. LOUIS, MO 239,811239.8k $33.3m $33.3m 1.91% Added +1.5k +1,490
56 MONETA GROUP INVESTMENT ADVISORS LLC 0.39% of their portfolio ST LOUIS, MO 236,698236.7k $32.8m $32.8m 0.39% Added +30.8k +30,783
57 Badgley Phelps Wealth Managers, LLC 0.72% of their portfolio SEATTLE, WA 235,058235.1k $32.6m $32.6m 0.72% Added +2.7k +2,674
58 BANK OF HAWAII 1.72% of their portfolio HONOLULU, HI 234,607234.6k $32.5m $32.5m 1.72% Added +35.2k +35,160
59 RTD Financial Advisors, Inc. 3.83% of their portfolio Philadelphia, PA 215,586215.6k $29.9m $29.9m 3.83% Reduced -53.7k -53,702
60 Baird Financial Group, Inc. 0.05% of their portfolio MILWAUKEE, WI 213,419213.4k $29.6m $29.6m 0.05% Reduced -10.8k -10,755
61 FIFTH THIRD BANCORP 0.10% of their portfolio CINCINNATI, OH 211,556211.6k $29.3m $29.3m 0.10% Reduced -3.9k -3,876
62 Lido Advisors, LLC 0.15% of their portfolio Los Angeles, CA 209,468209.5k $29.0m $29.0m 0.15% Added +29.3k +29,349
63 OPPENHEIMER & CO INC 0.38% of their portfolio NEW YORK, NY 207,311207.3k $28.7m $28.7m 0.38% Added +5.0k +5,015
64 Accredited Investors Inc. 1.69% of their portfolio EDINA, MN 206,230206.2k $28.6m $28.6m 1.69% Reduced -11.2k -11,176
65 Jacobi Capital Management LLC 1.90% of their portfolio PITTSTON, PA 206,202206.2k $28.6m $28.6m 1.90% New
66 EP Wealth Advisors, LLC 0.18% of their portfolio TORRANCE, CA 198,690198.7k $27.6m $27.6m 0.18% Reduced -117.7k -117,663
67 GenWealth Group, Inc. 5.38% of their portfolio Maplewood, NJ 192,302192.3k $26.7m $26.7m 5.38% New
68 KEYBANK NATIONAL ASSOCIATION/OH 0.10% of their portfolio BROOKLYN, OH 190,308190.3k $26.4m $26.4m 0.10% Reduced -2.6k -2,566
69 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 183,153183.2k $25.4m $25.4m 0.07% Added +12.8k +12,848
70 SVB WEALTH LLC 1.33% of their portfolio BOSTON, MA 179,397179.4k $24.9m $24.9m 1.33% New
71 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 176,897176.9k $24.5m $24.5m 0.02% Reduced -3.2k -3,239
72 BOKF, NA 0.39% of their portfolio TULSA, OK 173,998174.0k $24.1m $24.1m 0.39% Added +10.8k +10,790
73 HANTZ FINANCIAL SERVICES, INC. 0.38% of their portfolio SOUTHFIELD, MI 168,860168.9k $23.4m $23.4m 0.38% Reduced -1.6k -1,636
74 AE Wealth Management LLC 0.17% of their portfolio TOPEKA, KS 165,701165.7k $23.0m $23.0m 0.17% Reduced -13.9k -13,950
75 Steward Partners Investment Advisory, LLC 0.17% of their portfolio STAMFORD, CT 160,241160.2k $22.2m $22.2m 0.17% Reduced -4.2k -4,250
76 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 157,571157.6k $21.9m $21.9m 0.00% Added +3.0k +3,022
77 Corient Private Wealth LP 0.03% of their portfolio MIAMI, FL 157,374157.4k $21.8m $21.8m 0.03% Reduced -160.5k -160,496
78 NATIXIS ADVISORS, LLC 0.03% of their portfolio Boston, MA 156,999157.0k $21.8m $21.8m 0.03% Reduced -73.1k -73,119
79 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 156,769156.8k $21.7m $21.7m 0.01% Added +6.5k +6,493
80 Waverly Advisors, LLC 0.24% of their portfolio BIRMINGHAM, AL 155,749155.7k $21.6m $21.6m 0.24% Added +9.7k +9,711
81 One Capital Management, LLC 0.75% of their portfolio WESTLAKE VILLAGE, CA 155,540155.5k $21.6m $21.6m 0.75% Reduced -168.9k -168,917
82 Pathstone Holdings, LLC 0.06% of their portfolio ENGLEWOOD, NJ 154,690154.7k $14.8m $14.8m 0.06% Added +60.9k +60,920
83 CAPTRUST FINANCIAL ADVISORS 0.05% of their portfolio RALEIGH, NC 153,410153.4k $21.3m $21.3m 0.05% Added +2.8k +2,807
84 CONGRESS ASSET MANAGEMENT CO 0.14% of their portfolio BOSTON, MA 151,473151.5k $21.0m $21.0m 0.14% Reduced -328.1k -328,097
85 Bishop & Co Investment Management, LLC 7.16% of their portfolio Erie, PA 143,605143.6k $19.9m $19.9m 7.16% Reduced -1.2k -1,166
86 Mesirow Financial Investment Management, Inc. 0.38% of their portfolio CHICAGO, IL 141,784141.8k $19.7m $19.7m 0.38% Reduced -134.0k -134,002
87 Systelligence, LLC 3.59% of their portfolio BLOOMINGTON, MN 140,062140.1k $19.4m $19.4m 3.59% Reduced -27.7k -27,663
88 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 138,339138.3k $19.2m $19.2m 0.02% Added +2.2k +2,193
89 LBJ Family Wealth Advisors, Ltd. 10.98% of their portfolio AUSTIN, TX 136,164136.2k $18.9m $18.9m 10.98% Added +329 +329
90 KESTRA PRIVATE WEALTH SERVICES, LLC 0.27% of their portfolio AUSTIN, TX 135,531135.5k $18.8m $18.8m 0.27% Added +3.2k +3,181
91 Financial Partners Group, Inc 2.60% of their portfolio Overland Park, KS 135,414135.4k $18.8m $18.8m 2.60% Added +7.8k +7,802
92 SYNOVUS FINANCIAL CORP 0.23% of their portfolio Columbus, GA 134,293134.3k $18.6m $18.6m 0.23% Reduced -2.1k -2,134
93 Private Advisor Group, LLC 0.10% of their portfolio MORRISTOWN, NJ 133,980134.0k $18.6m $18.6m 0.10% Added +1.7k +1,696
94 MAI Capital Management 0.13% of their portfolio INDEPENDENCE, OH 133,791133.8k $18.6m $18.6m 0.13% Added +10.7k +10,712
95 FSA Wealth Management LLC 7.10% of their portfolio Needham, MA 131,203131.2k $18.2m $18.2m 7.10% Reduced -3.1k -3,067
96 Midwest Trust Co 0.25% of their portfolio Overland Park, KS 129,155129.2k $17.9m $17.9m 0.25% First filing
97 Whitaker-Myers Wealth Managers, LTD. 4.50% of their portfolio Mansfield, OH 128,703128.7k $17.8m $17.8m 4.50% Added +11.9k +11,928
98 Avantax Planning Partners, Inc. 0.54% of their portfolio DUBUQUE, IA 123,567123.6k $17.1m $17.1m 0.54% Reduced -21.2k -21,236
99 Kestra Advisory Services, LLC 0.08% of their portfolio AUSTIN, TX 123,512123.5k $17.1m $17.1m 0.08% Added +3.2k +3,215
100 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 123,348123.3k $17.1m $17.1m 0.00% Added +13.0k +12,991