Vault-13

ISHARES TR IGV

EXPANDED TECH · ETP · CUSIP 464287515 · ISIN US4642875151

631 institutional holders +7 vs Q4 2024
73,749,89273.7m shares reported held*
$6.4bnreported value*
80 new 255 added 173 reduced 69 sold out net bought ≈ $1.5bn (+17.3m 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 ($620.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $87.44. Options: 21 managers hold calls ($853.9m notional), 15 hold puts ($220.8m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 376Q4 22: 379Q1 23: 375Q2 23: 413Q3 23: 419Q4 23: 484Q1 24: 473Q2 24: 490Q3 24: 489Q4 24: 624Q1 25: 631631Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022376
Q4 2022379
Q1 2023375
Q2 2023413
Q3 2023419
Q4 2023484
Q1 2024473
Q2 2024490
Q3 2024489
Q4 2024624
Q1 2025631

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 179 bought or addedQ2 23: 163 cut or sold outQ3 23: 168 bought or addedQ3 23: 174 cut or sold outQ3 23Q4 23: 204 bought or addedQ4 23: 170 cut or sold outQ1 24: 201 bought or addedQ1 24: 241 cut or sold outQ1 24Q2 24: 202 bought or addedQ2 24: 200 cut or sold outQ3 24: 169 bought or addedQ3 24: 233 cut or sold outQ3 24Q4 24: 344 bought or addedQ4 24: 156 cut or sold outQ1 25: 335 bought or addedQ1 25: 242 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023179163
Q3 2023168174
Q4 2023204170
Q1 2024201241
Q2 2024202200
Q3 2024169233
Q4 2024344156
Q1 2025335242

Calls vs puts

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

CallsPuts
$0$250m$500m$750m$1bnQ2 24 calls: $122.8mQ2 24 puts: $193.6mQ2 24P/C 1.58Q3 24 calls: $101.5mQ3 24 puts: $151.6mQ3 24P/C 1.49Q4 24 calls: $875.4mQ4 24 puts: $341.6mQ4 24P/C 0.39Q1 25 calls: $853.9mQ1 25 puts: $220.8mQ1 25P/C 0.26
Numbers
QuarterCallsPutsP/C
Q2 2024$122.8m$193.6m1.58
Q3 2024$101.5m$151.6m1.49
Q4 2024$875.4m$341.6m0.39
Q1 2025$853.9m$220.8m0.26

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +2,741,279+2.7m
ENVESTNET ASSET MANAGEMENT INC Added +1,618,641+1.6m
Harel Insurance Investments & Financial Services Ltd. Added +1,539,380+1.5m
Varma Mutual Pension Insurance Co Added +1,466,065+1.5m
RAYMOND JAMES FINANCIAL INC Added +1,244,202+1.2m
TRUIST FINANCIAL CORP Added +1,120,395+1.1m
Janney Montgomery Scott LLC Added +1,085,903+1.1m
CITIGROUP INC Added +1,005,266+1.0m
GOLDMAN SACHS GROUP INC Added +950,732+950.7k
WestEnd Advisors, LLC Added +794,111+794.1k

Biggest sellers

Qube Research & Technologies Ltd Sold out -549,389-549.4k
SUMITOMO MITSUI FINANCIAL GROUP, INC. Reduced -487,153-487.2k
MENORA MIVTACHIM HOLDINGS LTD. Reduced -351,550-351.6k
Migdal Insurance & Financial Holdings Ltd. Reduced -340,000-340.0k
CHURCHILL MANAGEMENT Corp Reduced -187,667-187.7k
Fisher Asset Management, LLC Reduced -178,453-178.5k
Focus Partners Wealth Reduced -162,131-162.1k
BANK OF NOVA SCOTIA Sold out -146,950-146.9k
Perbak Capital Partners LLP Sold out -112,679-112.7k
UBS Group AG Reduced -101,852-101.9k

Biggest calls

CITIGROUP INC Reduced $111.2m1.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $105.8m1.2m shares
CITADEL ADVISORS LLC Reduced $104.1m1.2m shares
Rokos Capital Management LLP Unchanged $89.0m1.0m shares
NOMURA HOLDINGS INC Added $85.7m962.5k shares
BANK OF AMERICA CORP /DE/ New $83.6m939.3k shares
WELLS FARGO & COMPANY/MN New $80.1m900.0k shares
CAPITAL FUND MANAGEMENT S.A. Added $77.7m873.3k shares
JANE STREET GROUP, LLC Added $46.7m525.0k shares
MARSHALL WACE, LLP Reduced $15.4m173.4k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $52.2m586.3k shares
CAPITAL FUND MANAGEMENT S.A. Added $47.1m529.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $33.2m372.8k shares
JANE STREET GROUP, LLC Reduced $26.9m302.6k shares
WOLVERINE TRADING, LLC Reduced $13.8m153.8k shares
Twin Tree Management, LP Reduced $12.2m137.3k shares
UBS Group AG Reduced $8.9m100.3k shares
Parallax Volatility Advisers, L.P. Added $8.5m95.7k shares
PEAK6 LLC Reduced $5.8m65.0k shares
MARSHALL WACE, LLP Reduced $5.0m55.8k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 6,791,0476.8m $604.3m $604.3m 0.05% Added +2.7m +2,741,279
2 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 4,206,6884.2m $374.4m $374.4m 0.03% Added +316.2k +316,238
3 ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio Berwyn, PA 2,823,0082.8m $251.2m $251.2m 0.08% Added +1.6m +1,618,641
4 Clal Insurance Enterprises Holdings Ltd 2.56% of their portfolio Tel-aviv, L3 2,781,0002.8m $247.5m $247.5m 2.56% Added +675.0k +675,000
5 UBS Group AG 0.05% of their portfolio ZURICH, V8 2,714,9492.7m $241.6m $241.6m 0.05% Reduced -101.9k -101,852
6 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 2,626,3892.6m $233.7m $233.7m 0.04% Added +950.7k +950,732
7 Varma Mutual Pension Insurance Co 1.90% of their portfolio Varma, H9 2,482,2272.5m $220.9m $220.9m 1.90% Added +1.5m +1,466,065
8 Migdal Insurance & Financial Holdings Ltd. 3.09% of their portfolio Petach Tikva, L3 2,474,5722.5m $220.2m $220.2m 3.09% Reduced -340.0k -340,000
9 RAYMOND JAMES FINANCIAL INC 0.08% of their portfolio ST. PETERSBURG, FL 2,273,4712.3m $202.3m $202.3m 0.08% Added +1.2m +1,244,202
10 MENORA MIVTACHIM HOLDINGS LTD. 1.29% of their portfolio Ramat Gan, L3 2,235,3012.2m $198.9m $198.9m 1.29% Reduced -351.6k -351,550
11 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 2,233,0172.2m $198.7m $198.7m 0.02% Added +362.7k +362,668
12 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 2,071,2462.1m $184.3m $184.3m 0.07% Added +536.7k +536,700
13 Janney Montgomery Scott LLC 0.43% of their portfolio PHILADELPHIA, PA 1,702,2481.7m $151.5m $151.5m 0.43% Added +1.1m +1,085,903
14 TRUIST FINANCIAL CORP 0.24% of their portfolio CHARLOTTE, NC 1,694,9941.7m $150.8m $150.8m 0.24% Added +1.1m +1,120,395
15 Main Management ETF Advisors, LLC 7.15% of their portfolio SAN FRANCISCO, CA 1,652,9701.7m $147.1m $147.1m 7.15% Reduced -60.8k -60,775
16 Wellspring Financial Advisors, LLC 2.83% of their portfolio CLEVELAND, OH 1,611,9751.6m $25.4m $25.4m 2.83% Reduced -7.9k -7,872
17 Harel Insurance Investments & Financial Services Ltd. 1.80% of their portfolio Ramat Gan, L3 1,549,0001.5m $137.8m $137.8m 1.80% Added +1.5m +1,539,380
18 BNP PARIBAS FINANCIAL MARKETS 0.10% of their portfolio PARIS, I0 1,531,9941.5m $136.3m $136.3m 0.10% First filing
19 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 1,399,1871.4m $124.5m $124.5m 0.03% Added +199.8k +199,770
20 Phoenix Financial Ltd. 1.84% of their portfolio Givatayim, L3 1,349,4141.3m $120.1m $120.1m 1.84% Added +1.8k +1,760
21 CITIGROUP INC 0.09% of their portfolio NEW YORK, NY 1,318,0481.3m $117.3m $117.3m 0.09% Added +1.0m +1,005,266
22 WestEnd Advisors, LLC 3.10% of their portfolio CHARLOTTE, NC 1,311,7771.3m $116.7m $116.7m 3.10% Added +794.1k +794,111
23 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.23% of their portfolio TORONTO, A6 1,150,0001.1m $102.3m $102.3m 0.23% Reduced -50.0k -50,000
24 Fisher Asset Management, LLC 0.04% of their portfolio PLANO, TX 912,608912.6k $81.2m $81.2m 0.04% Reduced -178.5k -178,453
25 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 755,328755.3k $67.2m $67.2m 0.02% Added +75.3k +75,325
26 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 605,043605.0k $53.8m $53.8m 0.02% Added +65 +65
27 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 589,833589.8k $52.4m $52.4m 0.01% Added +123.3k +123,320
28 Nan Shan Life Insurance Co., Ltd. 1.22% of their portfolio Taipei City, F5 582,423582.4k $51.8m $51.8m 1.22% Added +276.9k +276,894
29 VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio San Antonio, TX 519,227519.2k $46.2m $46.2m 0.05% Added +346.4k +346,391
30 Foundations Investment Advisors, LLC 0.85% of their portfolio PHOENIX, AZ 518,849518.8k $46.2m $46.2m 0.85% Added +506.4k +506,384
31 HighTower Advisors, LLC 0.06% of their portfolio CHICAGO, IL 485,726485.7k $43.2m $43.2m 0.06% Added +39.7k +39,672
32 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 478,169478.2k $42.6m $42.6m 0.05% Added +67.6k +67,641
33 Main Management LLC 3.40% of their portfolio SAN FRANCISCO, CA 434,599434.6k $38.7m $38.7m 3.40% Reduced -41.0k -40,951
34 SP Asset Management LLC 3.20% of their portfolio CUPERTINO, CA 407,458407.5k $36.3m $36.3m 3.20% Reduced -443 -443
35 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 400,510400.5k $35.6m $35.6m 0.02% Added +202.6k +202,603
36 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 350,290350.3k $31.2m $31.2m 0.07% Reduced -7.3k -7,279
37 Squarepoint Ops LLC 0.08% of their portfolio NEW YORK, NY 347,964348.0k $31.0m $31.0m 0.08% Added +313.9k +313,932
38 Northeast Financial Consultants Inc 1.28% of their portfolio WESTPORT, CT 324,005324.0k $28.8m $28.8m 1.28% Reduced -5.7k -5,716
39 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 318,569318.6k $28.3m $28.3m 0.03% Added +193.9k +193,937
40 MML INVESTORS SERVICES, LLC 0.08% of their portfolio SPRINGFIELD, MA 285,295285.3k $25.4m $25.4m 0.08% Reduced -78.3k -78,275
41 BARINGS LLC 0.60% of their portfolio CHARLOTTE, NC 271,138271.1k $24.1m $24.1m 0.60% Added +123.3k +123,279
42 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 269,678269.7k $24.0m $24.0m 0.05% Reduced -15.2k -15,150
43 Equitable Holdings, Inc. 0.21% of their portfolio NEW YORK, NY 248,055248.1k $22.1m $22.1m 0.21% Added +220.8k +220,850
44 SPC Financial, Inc. 1.89% of their portfolio ROCKVILLE, MD 241,292241.3k $21.5m $21.5m 1.89% Added +53.4k +53,423
45 Corient Private Wealth LP 0.03% of their portfolio MIAMI, FL 234,924234.9k $20.9m $20.9m 0.03% Added +119.8k +119,789
46 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 228,717228.7k $20.4m $20.4m 0.03% Added +118.6k +118,621
47 Federation des caisses Desjardins du Quebec 0.10% of their portfolio LEVIS, A8 222,239222.2k $19.8m $19.8m 0.10% Added +8.3k +8,297
48 ASSETMARK, INC 0.05% of their portfolio CONCORD, CA 201,452201.5k $17.9m $17.9m 0.05% Added +134.0k +133,995
49 Crestwood Advisors Group, LLC 0.32% of their portfolio BOSTON, MA 189,635189.6k $16.9m $16.9m 0.32% Reduced -4.0k -3,961
50 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 174,544174.5k $15.5m $15.5m 0.02% Added +2.9k +2,871
51 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 170,070170.1k $15.1m $15.1m 0.02% Added +30.1k +30,069
52 Venture Visionary Partners LLC 0.63% of their portfolio Sylvania, OH 169,374169.4k $15.1m $15.1m 0.63% Reduced -396 -396
53 Mariner, LLC 0.02% of their portfolio Overland Park, KS 168,222168.2k $15.0m $15.0m 0.02% Added +27.3k +27,323
54 Sanctuary Advisors, LLC 0.10% of their portfolio INDIANAPOLIS, IN 166,951167.0k $14.9m $14.9m 0.10% Added +43.2k +43,242
55 CWM, LLC 0.06% of their portfolio OMAHA, NE 160,525160.5k $14.3m $14.3m 0.06% Reduced -520 -520
56 NOESIS CAPITAL MANGEMENT CORP 2.72% of their portfolio BOCA RATON, FL 153,660153.7k $13.7m $13.7m 2.72% Added +1.6k +1,591
57 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 143,360143.4k $12.8m $12.8m 0.02% Added +117.5k +117,535
58 Anfield Capital Management, LLC 4.62% of their portfolio IRVINE, CA 140,562140.6k $12.5m $12.5m 4.62% New
59 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 137,774137.8k $12.3m $12.3m 0.04% Reduced -49.7k -49,716
60 Balyasny Asset Management L.P. 0.03% of their portfolio Chicago, IL 136,119136.1k $12.1m $12.1m 0.03% Added +99.0k +98,969
61 Fiduciary Trust Co 0.16% of their portfolio Boston, MA 135,579135.6k $12.1m $12.1m 0.16% Reduced -1.2k -1,244
62 Mirae Asset Global Investments Co., Ltd. 0.05% of their portfolio SEOUL, M5 131,120131.1k $11.8m $11.8m 0.05% Added +51.7k +51,739
63 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 113,344113.3k $10.1m $10.1m 0.01% Added +2.1k +2,146
64 Advisory Services Network, LLC 0.19% of their portfolio ATLANTA, GA 111,828111.8k $10.0m $10.0m 0.19% Added +10.5k +10,471
65 Baker Avenue Asset Management, LP 0.30% of their portfolio SAN FRANCISCO, CA 108,864108.9k $9.7m $9.7m 0.30% Added +1.1k +1,106
66 Chicago Wealth Management, Inc. 4.97% of their portfolio CHICAGO, IL 106,492106.5k $9.5m $9.5m 4.97% Added +764 +764
67 Gemmer Asset Management LLC 0.92% of their portfolio WALNUT CREEK, CA 103,242103.2k $9.2m $9.2m 0.92% Reduced -8.9k -8,910
68 Lido Advisors, LLC 0.05% of their portfolio Los Angeles, CA 101,008101.0k $9.0m $9.0m 0.05% Added +3.8k +3,779
69 Prospera Financial Services Inc 0.20% of their portfolio Dallas, TX 99,79699.8k $8.9m $8.9m 0.20% Reduced -1.6k -1,618
70 Black Swift Group, LLC 2.01% of their portfolio BOULDER, CO 99,72599.7k $8.9m $8.9m 2.01% Added +23.1k +23,100
71 Waverly Advisors, LLC 0.11% of their portfolio BIRMINGHAM, AL 99,29299.3k $8.8m $8.8m 0.11% Added +93.1k +93,110
72 IronBridge Private Wealth, LLC 3.48% of their portfolio Austin, TX 99,17499.2k $8.8m $8.8m 3.48% New
73 BANK HAPOALIM BM 1.27% of their portfolio TEL AVIV, L3 98,57598.6k $8.8m $8.8m 1.27% Reduced -7.0k -6,972
74 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 98,31198.3k $8.7m $8.7m 0.05% Added +4.6k +4,569
75 Legacy Edge Advisors, LLC 1.34% of their portfolio SYOSSET, NY 96,64696.6k $8.6m $8.6m 1.34% Reduced -3.0k -2,996
76 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 95,50095.5k $8.5m $8.5m 0.02% Added +3.3k +3,338
77 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 93,31993.3k $8.3m $8.3m 0.02% Reduced -651 -651
78 Principle Wealth Partners LLC 0.59% of their portfolio MADISON, CT 92,11192.1k $8.2m $8.2m 0.59% Reduced -773 -773
79 Altus Wealth Management, LLC 3.76% of their portfolio FT MITCHELL, KY 90,12890.1k $8.0m $8.0m 3.76% Reduced -3.6k -3,593
80 KADENSA CAPITAL Ltd 0.99% of their portfolio CENTRAL, K3 89,71489.7k $8.0m $8.0m 0.99% Added +87.3k +87,260
81 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 89,65989.7k $8.0m $8.0m 0.00% Reduced -6.2k -6,243
82 D.A. DAVIDSON & CO. 0.06% of their portfolio GREAT FALLS, MT 88,96189.0k $7.9m $7.9m 0.06% Added +2.7k +2,655
83 Valence8 US LP 3.66% of their portfolio Cambridge, MA 87,69687.7k $7.8m $7.8m 3.66% Added +9.8k +9,787
84 Silverleafe Capital Partners, LLC 2.62% of their portfolio GERMANTOWN, TN 85,74485.7k $7.6m $7.6m 2.62% Added +4.1k +4,076
85 PRUDENTIAL PLC 0.04% of their portfolio LONDON, X0 84,99985.0k $7.6m $7.6m 0.04% Added +44.0k +43,999
86 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 83,18083.2k $7.4m $7.4m 0.02% Added +1.9k +1,906
87 Royal Fund Management, LLC 0.85% of their portfolio Lady Lake, FL 80,48880.5k $7.2m $7.2m 0.85% New
88 J. Goldman & Co LP 0.25% of their portfolio NEW YORK, NY 80,44980.4k $7.2m $7.2m 0.25% Added +55.4k +55,449
89 Quantitative Investment Management, LLC 0.65% of their portfolio CHARLOTTESVILLE, VA 79,23479.2k $7.1m $7.1m 0.65% Added +26.7k +26,703
90 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.13% of their portfolio TOKYO, M0 77,70777.7k $6.9m $6.9m 0.13% Reduced -487.2k -487,153
91 MinichMacGregor Wealth Management, LLC 1.52% of their portfolio Saratoga Springs, NY 76,12776.1k $6.8m $6.8m 1.52% Reduced -34.4k -34,429
92 U.S. Capital Wealth Advisors, LLC 0.20% of their portfolio AUSTIN, TX 74,37974.4k $6.6m $6.6m 0.20% Reduced -3.7k -3,742
93 Advisor Resource Council 0.52% of their portfolio DALLAS, TX 73,55173.6k $6.4m $6.4m 0.52% New
94 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 72,31772.3k $6.4m $6.4m 0.00% Added +34.7k +34,748
95 DAVENPORT & Co LLC 0.04% of their portfolio RICHMOND, VA 71,83271.8k $6.4m $6.4m 0.04% Added +37.3k +37,280
96 MOORE CAPITAL MANAGEMENT, LP 0.21% of their portfolio NEW YORK, NY 71,16771.2k $6.3m $6.3m 0.21% New
97 Atria Investments, Inc 0.08% of their portfolio Charlotte, NC 71,08771.1k $6.3m $6.3m 0.08% Added +41.2k +41,217
98 Tower Research Capital LLC (TRC) 0.19% of their portfolio NEW YORK, NY 70,92870.9k $6.3m $6.3m 0.19% Added +47.8k +47,841
99 LOWE BROCKENBROUGH & CO INC 0.41% of their portfolio RICHMOND, VA 70,04570.0k $6.2m $6.2m 0.41% Added +150 +150
100 Seven Springs Wealth Group, LLC 2.18% of their portfolio BRENTWOOD, TN 68,82768.8k $6.1m $6.1m 2.18% Added +12.6k +12,614