Vault-13

ISHARES TR IGV

EXPANDED TECH · ETP · CUSIP 464287515 · ISIN US4642875151

375 institutional holders -4 vs Q4 2022
16,663,65916.7m shares reported held*
$4.1bnreported value*
62 new 82 added 136 reduced 61 sold out net bought ≈ $356.0m (+3.2m 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 ($2.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $243.28. Options: 10 managers hold calls ($184.3m notional), 7 hold puts ($203.0m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 376Q4 22: 379Q1 23: 375375Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022376
Q4 2022379
Q1 2023375

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 137 bought or addedQ4 22: 207 cut or sold outQ4 22Q1 23: 144 bought or addedQ1 23: 197 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022137207
Q1 2023144197

Calls vs puts

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

CallsPuts
$0$200m$400m$600mQ3 22 calls: $476.3mQ3 22 puts: $242.6mQ3 22P/C 0.51Q4 22 calls: $409.0mQ4 22 puts: $290.2mQ4 22P/C 0.71Q1 23 calls: $184.3mQ1 23 puts: $203.0mQ1 23P/C 1.10
Numbers
QuarterCallsPutsP/C
Q3 2022$476.3m$242.6m0.51
Q4 2022$409.0m$290.2m0.71
Q1 2023$184.3m$203.0m1.10

Biggest buyers

EP Wealth Advisors, LLC Added +2,417,277+2.4m
Migdal Insurance & Financial Holdings Ltd. Added +657,920+657.9k
BNP PARIBAS FINANCIAL MARKETS Added +488,182+488.2k
MORGAN STANLEY Added +298,710+298.7k
JPMORGAN CHASE & CO Added +284,721+284.7k
BANK OF AMERICA CORP /DE/ Added +274,374+274.4k
Varma Mutual Pension Insurance Co New +189,165+189.2k
UBS Group AG Added +68,086+68.1k
Truxt Investmentos Ltda. New +64,900+64.9k
Balyasny Asset Management L.P. New +41,174+41.2k

Biggest sellers

TWO SIGMA INVESTMENTS, LP Sold out -241,000-241.0k
CITIGROUP INC Reduced -209,345-209.3k
GOLDMAN SACHS GROUP INC Reduced -200,708-200.7k
TWO SIGMA ADVISERS, LP Sold out -147,800-147.8k
Polar Asset Management Partners Inc. Reduced -133,700-133.7k
Fisher Asset Management, LLC Reduced -130,285-130.3k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Reduced -81,800-81.8k
Baymount Management LP Sold out -79,000-79.0k
Wealth High Governance Capital Ltda Sold out -60,000-60.0k
MARSHALL WACE, LLP Reduced -53,700-53.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $110.4m362.4k shares
CITADEL ADVISORS LLC Reduced $50.2m164.6k shares
NOMURA HOLDINGS INC Added $7.5m24.7k shares
WOLVERINE TRADING, LLC Reduced $4.1m13.9k shares
GOLDMAN SACHS GROUP INC Added $4.0m13.2k shares
BANK OF AMERICA CORP /DE/ Reduced $3.0m10.0k shares
UBS Group AG Reduced $3.0m10.0k shares
Invesco Ltd. Reduced $1.8m6.0k shares
Cutler Group LLC / CA Reduced $44.0k2.0k shares
Parallax Volatility Advisers, L.P. Reduced $30.5k100 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $141.8m465.5k shares
CITADEL ADVISORS LLC Reduced $41.4m136.0k shares
WOLVERINE TRADING, LLC Reduced $8.4m28.3k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $7.2m23.5k shares
PEAK6 Investments LLC Reduced $2.3m7.7k shares
MARSHALL WACE, LLP Added $1.8m5.8k shares
Cutler Group LLC / CA Reduced $35.0k13.6k 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, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Fisher Asset Management, LLC 0.62% of their portfolio PLANO, TX 3,326,0893.3m $1.0bn $1.0bn 0.62% Reduced -130.3k -130,285
2 EP Wealth Advisors, LLC 2.09% of their portfolio TORRANCE, CA 2,419,3052.4m $122.3m $122.3m 2.09% Added +2.4m +2,417,277
3 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 1,404,5271.4m $428.0m $428.0m 0.05% Added +298.7k +298,710
4 Wellspring Financial Advisors, LLC 1.44% of their portfolio CLEVELAND, OH 1,353,1121.4m $4.8m $4.8m 1.44% Added +316 +316
5 Migdal Insurance & Financial Holdings Ltd. 6.40% of their portfolio Petach Tikva, L3 949,834949.8k $289.4m $289.4m 6.40% Added +657.9k +657,920
6 GOLDMAN SACHS GROUP INC 0.07% of their portfolio NEW YORK, NY 850,152850.2k $259.0m $259.0m 0.07% Reduced -200.7k -200,708
7 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 804,117804.1k $245.0m $245.0m 0.03% Added +274.4k +274,374
8 BNP PARIBAS FINANCIAL MARKETS 0.42% of their portfolio PARIS, I0 633,339633.3k $193.0m $193.0m 0.42% Added +488.2k +488,182
9 UBS Group AG 0.08% of their portfolio ZURICH, V8 542,982543.0k $165.4m $165.4m 0.08% Added +68.1k +68,086
10 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 309,188309.2k $94.2m $94.2m 0.01% Added +284.7k +284,721
11 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.46% of their portfolio TORONTO, A6 267,500267.5k $81.5m $81.5m 0.46% Reduced -81.8k -81,800
12 CITIGROUP INC 0.08% of their portfolio NEW YORK, NY 199,217199.2k $60.7m $60.7m 0.08% Reduced -209.3k -209,345
13 Varma Mutual Pension Insurance Co 0.70% of their portfolio Varma, H9 189,165189.2k $57.6m $57.6m 0.70% New
14 Main Management ETF Advisors, LLC 3.67% of their portfolio SAN FRANCISCO, CA 141,975142.0k $43.3m $43.3m 3.67% Added +3.8k +3,780
15 BW Gestao de Investimentos Ltda. 6.67% of their portfolio SAO PAULO, D5 136,946136.9k $41.7m $41.7m 6.67% Reduced -31.1k -31,054
16 Harel Insurance Investments & Financial Services Ltd. 0.79% of their portfolio Ramat Gan, L3 127,011127.0k $38.7m $38.7m 0.79% Added +11.1k +11,088
17 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 116,145116.1k $35.4m $35.4m 0.01% Reduced -21.5k -21,500
18 SFMG, LLC 3.45% of their portfolio PLANO, TX 105,256105.3k $32.1m $32.1m 3.45% Added +5.7k +5,719
19 MEITAV INVESTMENT HOUSE LTD 0.50% of their portfolio BENE-BERAQ, L3 97,56597.6k $29.1m $29.1m 0.50% Reduced -22 -22
20 MARSHALL WACE, LLP 0.07% of their portfolio LONDON, X0 90,24590.2k $27.5m $27.5m 0.07% Reduced -53.7k -53,700
21 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 89,74189.7k $27.3m $27.3m 0.01% Reduced -1.4k -1,417
22 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 80,78080.8k $24.6m $24.6m 0.02% Reduced -574 -574
23 SP Asset Management LLC 2.96% of their portfolio CUPERTINO, CA 79,28679.3k $24.2m $24.2m 2.96% Reduced -5.5k -5,479
24 Main Management LLC 2.12% of their portfolio SAN FRANCISCO, CA 65,43665.4k $19.9m $19.9m 2.12% Added +3.4k +3,370
25 Truxt Investmentos Ltda. 6.93% of their portfolio RIO DE JANEIRO, D5 64,90064.9k $19.8m $19.8m 6.93% New
26 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 1.47% of their portfolio Tel Aviv, L3 61,46961.5k $18.3m $18.3m 1.47% Unchanged
27 J.P. Morgan Private Wealth Advisors LLC 0.04% of their portfolio SAN FRANCISCO, CA 59,97660.0k $18.3m $18.3m 0.04% Reduced -2.6k -2,621
28 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 56,55956.6k $17.2m $17.2m 0.01% Added +1.8k +1,816
29 Northeast Financial Consultants Inc 1.08% of their portfolio WESTPORT, CT 55,32455.3k $16.9m $16.9m 1.08% Reduced -9.9k -9,910
30 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 55,19555.2k $16.8m $16.8m 0.03% Added +31.9k +31,944
31 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 50,24750.2k $15.3m $15.3m 0.03% Reduced -8.5k -8,516
32 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 49,03249.0k $14.9m $14.9m 0.01% Added +5.4k +5,379
33 Crestwood Advisors Group, LLC 0.47% of their portfolio BOSTON, MA 46,38746.4k $14.1m $14.1m 0.47% Reduced -6.6k -6,566
34 ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP 1.04% of their portfolio Altamonte Springs, FL 45,59845.6k $13.9m $13.9m 1.04% Added +8.6k +8,648
35 J. Goldman & Co LP 0.77% of their portfolio NEW YORK, NY 43,75043.8k $13.3m $13.3m 0.77% Reduced -3.2k -3,239
36 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 43,71643.7k $13.3m $13.3m 0.02% Added +2.8k +2,786
37 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 43,11443.1k $13.1m $13.1m 0.02% Added +9.5k +9,541
38 FIL Ltd 0.01% of their portfolio HAMILTON, D0 41,74641.7k $12.7m $12.7m 0.01% Reduced -4.5k -4,475
39 Balyasny Asset Management L.P. 0.04% of their portfolio Chicago, IL 41,17441.2k $12.5m $12.5m 0.04% New
40 MML INVESTORS SERVICES, LLC 0.08% of their portfolio SPRINGFIELD, MA 38,11438.1k $11.6m $11.6m 0.08% Added +2.9k +2,894
41 GREENWOOD GEARHART LLC 1.44% of their portfolio FAYETTEVILLE, AR 37,02337.0k $11.3m $11.3m 1.44% Added +3.6k +3,558
42 Noked Israel Ltd 4.86% of their portfolio Ramat Hasharon, L3 36,40036.4k $11.1m $11.1m 4.86% New
43 Hudson Bay Capital Management LP 0.06% of their portfolio STAMFORD, CT 35,17635.2k $10.7m $10.7m 0.06% New
44 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 33,64833.6k $10.3m $10.3m 0.02% Added +483 +483
45 Fiduciary Trust Co 0.18% of their portfolio Boston, MA 32,70132.7k $10.0m $10.0m 0.18% Reduced -1.0k -1,005
46 Financial Advantage, Inc. 8.37% of their portfolio Columbia, MD 30,28030.3k $9.2m $9.2m 8.37% Reduced -250 -250
47 Twin Tree Management, LP 0.26% of their portfolio DALLAS, TX 29,93729.9k $9.1m $9.1m 0.26% New
48 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 29,52829.5k $9.0m $9.0m 0.01% Added +3.0k +2,989
49 NOESIS CAPITAL MANGEMENT CORP 2.26% of their portfolio BOCA RATON, FL 29,30229.3k $8.9m $8.9m 2.26% Added +775 +775
50 Phoenix Financial Ltd. 0.20% of their portfolio Givatayim, L3 29,06329.1k $8.9m $8.9m 0.20% Added +488 +488
51 BANK HAPOALIM BM 1.19% of their portfolio TEL AVIV, L3 28,18828.2k $8.6m $8.6m 1.19% Reduced -1.8k -1,767
52 MERCER GLOBAL ADVISORS INC /ADV 0.04% of their portfolio DENVER, CO 25,91825.9k $7.9m $7.9m 0.04% Added +2.6k +2,588
53 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 25,12125.1k $7.7m $7.7m 0.04% Reduced -1.6k -1,636
54 Public Sector Pension Investment Board 0.06% of their portfolio MONTREAL, A8 25,00025.0k $7.6m $7.6m 0.06% Unchanged
55 Fortis Capital Management LLC 3.03% of their portfolio BELLEVUE, WA 24,49424.5k $7.5m $7.5m 3.03% New
56 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 23,10423.1k $7.0m $7.0m 0.01% Added +5.8k +5,762
57 NewEdge Advisors, LLC 0.09% of their portfolio NEW ORLEANS, LA 22,59422.6k $6.9m $6.9m 0.09% Added +11.6k +11,603
58 Baker Avenue Asset Management, LP 0.37% of their portfolio SAN FRANCISCO, CA 22,52822.5k $6.9m $6.9m 0.37% Added +4.2k +4,197
59 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 1.52% of their portfolio Tel Aviv, L3 22,32822.3k $6.6m $6.6m 1.52% Unchanged
60 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 22,23222.2k $6.8m $6.8m 0.02% Reduced -357 -357
61 Mariner, LLC 0.02% of their portfolio Overland Park, KS 22,15222.2k $6.8m $6.8m 0.02% Added +373 +373
62 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 20,84920.8k $6.4m $6.4m 0.03% Reduced -262 -262
63 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 20,76920.8k $6.3m $6.3m 0.03% Reduced -2.1k -2,085
64 D.A. DAVIDSON & CO. 0.06% of their portfolio GREAT FALLS, MT 18,73518.7k $5.7m $5.7m 0.06% Reduced -78 -78
65 Cetera Advisors LLC 0.09% of their portfolio DENVER, CO 18,33218.3k $5.6m $5.6m 0.09% Reduced -637 -637
66 Altus Wealth Management, LLC 4.48% of their portfolio FT MITCHELL, KY 17,77417.8k $5.4m $5.4m 4.48% Reduced -21.1k -21,093
67 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 16,96217.0k $5.2m $5.2m 0.01% Reduced -21.9k -21,902
68 Lido Advisors, LLC 0.07% of their portfolio Los Angeles, CA 16,91416.9k $5.2m $5.2m 0.07% Reduced -700 -700
69 Northstar Advisory Group, LLC 3.70% of their portfolio NORTHFIELD, NJ 16,24816.2k $5.0m $5.0m 3.70% New
70 Ayalon Insurance Comp Ltd. 2.10% of their portfolio Ramat Gan, L3 15,98616.0k $4.9m $4.9m 2.10% Added +2.6k +2,597
71 COLONY GROUP LLC 0.07% of their portfolio Boston, MA 15,51915.5k $4.7m $4.7m 0.07% Reduced -2.9k -2,890
72 Atria Wealth Solutions, Inc. 0.07% of their portfolio NEW YORK, NY 15,43615.4k $4.7m $4.7m 0.07% Reduced -970 -970
73 Walleye Trading LLC 0.16% of their portfolio NEW YORK, NY 15,10015.1k $4.6m $4.6m 0.16% New
74 Gemmer Asset Management LLC 0.67% of their portfolio WALNUT CREEK, CA 14,93714.9k $4.6m $4.6m 0.67% Added +1.5k +1,524
75 KWMG, LLC 0.61% of their portfolio OVERLAND PARK, KS 14,87214.9k $4.5m $4.5m 0.61% Added +343 +343
76 SFI Advisors, LLC 4.54% of their portfolio Montclair, NJ 14,86414.9k $4.5m $4.5m 4.54% Reduced -128 -128
77 Focused Wealth Management, Inc 0.89% of their portfolio Newburgh, NY 14,46114.5k $4.4m $4.4m 0.89% Reduced -279 -279
78 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 14,39914.4k $4.4m $4.4m 0.01% Reduced -768 -768
79 MCMILLION CAPITAL MANAGEMENT INC 3.84% of their portfolio GREENSBORO, NC 13,35113.4k $4.1m $4.1m 3.84% Reduced -1.5k -1,490
80 Cetera Advisor Networks LLC 0.03% of their portfolio EL SEGUNDO, CA 12,83112.8k $3.9m $3.9m 0.03% Reduced -779 -779
81 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 12,52112.5k $3.8m $3.8m 0.01% Reduced -26.9k -26,851
82 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 11,91011.9k $3.6m $3.6m 0.01% Reduced -1.1k -1,150
83 GPS Wealth Strategies Group, LLC 0.75% of their portfolio CENTENNIAL, CO 11,87111.9k $3.6m $3.6m 0.75% Reduced -1.6k -1,603
84 Summit Trail Advisors, LLC 0.13% of their portfolio NEW YORK, NY 10,44910.4k $3.2m $3.2m 0.13% Reduced -531 -531
85 LOWE BROCKENBROUGH & CO INC 0.26% of their portfolio RICHMOND, VA 10,44610.4k $3.2m $3.2m 0.26% Reduced -6.3k -6,298
86 Yahav Achim Ve Achayot - Provident Funds Management Co Ltd. 2.94% of their portfolio TEL-AVIV, L3 10,06210.1k $3.0m $3.0m 2.94% Unchanged
87 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.09% of their portfolio TOKYO, M0 9,7219.7k $3.0m $3.0m 0.09% Reduced -869 -869
88 FMR LLC 0.00% of their portfolio BOSTON, MA 9,2649.3k $2.8m $2.8m 0.00% Added +5.5k +5,487
89 BROWN BROTHERS HARRIMAN & CO 0.02% of their portfolio NEW YORK, NY 9,1379.1k $2.8m $2.8m 0.02% Unchanged
90 JMAC ENTERPRISES LLC 0.68% of their portfolio NEWTOWN, PA 8,7368.7k $2.7m $2.7m 0.68% Added +258 +258
91 Valley Financial Management, Inc. 1.60% of their portfolio NEW YORK, NY 8,5138.5k $2.6m $2.6m 1.60% Added +257 +257
92 Parallax Volatility Advisers, L.P. 0.09% of their portfolio San Francisco, CA 8,2078.2k $2.5m $2.5m 0.09% Added +8.2k +8,206
93 Milestone Advisory Partners 2.25% of their portfolio Southern Pines, NC 8,0088.0k $2.4m $2.4m 2.25% Added +701 +701
94 HYMAN CHARLES D 0.16% of their portfolio PONTE VEDRA BEACH, FL 7,8527.9k $2.4m $2.4m 0.16% Unchanged
95 Legacy Capital Wealth Partners, LLC 0.64% of their portfolio LITTLE ROCK, AR 7,6517.7k $2.3m $2.3m 0.64% Reduced -4.3k -4,349
96 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 7,3387.3k $2.2m $2.2m 0.00% Reduced -175 -175
97 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.01% of their portfolio IRVING, TX 7,3327.3k $2.2m $2.2m 0.01% Reduced -463 -463
98 Rockingstone Advisors LLC 1.33% of their portfolio GREAT BARRINGTON, MA 7,1747.2k $2.2m $2.2m 1.33% Added +353 +353
99 Sigma Planning Corp 0.07% of their portfolio ANN ARBOR, MI 7,0907.1k $2.2m $2.2m 0.07% Reduced -171 -171
100 AVANTAX ADVISORY SERVICES, INC. 0.03% of their portfolio DALLAS, TX 7,0437.0k $2.1m $2.1m 0.03% Reduced -485 -485