Vault-13

ISHARES TR SOXX

ISHARES SEMICDTR · ETP · CUSIP 464287523 · ISIN US4642875235

880 institutional holders +94 vs Q3 2025
27,191,74627.2m shares reported held*
$8.2bnreported value*
102 new 281 added 280 reduced 51 sold out net bought ≈ $458.6m (+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 ($3.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $302.41. Options: 13 managers hold calls ($789.1m notional), 22 hold puts ($2.0bn).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 416Q4 22: 461Q1 23: 506Q2 23: 524Q3 23: 525Q4 23: 630Q1 24: 690Q2 24: 741Q3 24: 747Q4 24: 766Q1 25: 720Q2 25: 751Q3 25: 786Q4 25: 880880Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022416
Q4 2022461
Q1 2023506
Q2 2023524
Q3 2023525
Q4 2023630
Q1 2024690
Q2 2024741
Q3 2024747
Q4 2024766
Q1 2025720
Q2 2025751
Q3 2025786
Q4 2025880

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q1 24: 364 bought or addedQ1 24: 281 cut or sold outQ2 24: 405 bought or addedQ2 24: 260 cut or sold outQ2 24Q3 24: 375 bought or addedQ3 24: 317 cut or sold outQ4 24: 345 bought or addedQ4 24: 322 cut or sold outQ4 24Q1 25: 325 bought or addedQ1 25: 361 cut or sold outQ2 25: 356 bought or addedQ2 25: 327 cut or sold outQ2 25Q3 25: 355 bought or addedQ3 25: 312 cut or sold outQ4 25: 383 bought or addedQ4 25: 331 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024364281
Q2 2024405260
Q3 2024375317
Q4 2024345322
Q1 2025325361
Q2 2025356327
Q3 2025355312
Q4 2025383331

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bn$2bnQ1 25 calls: $669.7mQ1 25 puts: $841.1mQ1 25P/C 1.26Q2 25 calls: $949.2mQ2 25 puts: $1.9bnQ2 25P/C 2.05Q3 25 calls: $773.6mQ3 25 puts: $1.2bnQ3 25P/C 1.60Q4 25 calls: $789.1mQ4 25 puts: $2.0bnQ4 25P/C 2.49
Numbers
QuarterCallsPutsP/C
Q1 2025$669.7m$841.1m1.26
Q2 2025$949.2m$1.9bn2.05
Q3 2025$773.6m$1.2bn1.60
Q4 2025$789.1m$2.0bn2.49

Biggest buyers

GOLDMAN SACHS GROUP INC Added +941,363+941.4k
MORGAN STANLEY Added +547,109+547.1k
BANK OF NOVA SCOTIA Added +443,030+443.0k
BANK OF AMERICA CORP /DE/ Added +257,209+257.2k
Corient Private Wealth LP Added +232,459+232.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +220,879+220.9k
ALKEON CAPITAL MANAGEMENT LLC New +192,600+192.6k
UBS Group AG Added +169,239+169.2k
Elo Mutual Pension Insurance Co New +156,760+156.8k
SIMPLEX TRADING, LLC New +156,093+156.1k

Biggest sellers

MILLENNIUM MANAGEMENT LLC Reduced -1,051,285-1.1m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Reduced -405,000-405.0k
JPMORGAN CHASE & CO Reduced -361,958-362.0k
Quadrature Capital Ltd Reduced -253,056-253.1k
BARCLAYS PLC Reduced -146,936-146.9k
Integrated Wealth Concepts LLC Reduced -104,729-104.7k
SG Americas Securities, LLC Reduced -85,830-85.8k
Clal Insurance Enterprises Holdings Ltd Reduced -75,245-75.2k
Twin Tree Management, LP Reduced -65,762-65.8k
Parallax Volatility Advisers, L.P. Sold out -55,420-55.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $267.4m887.8k shares
CITADEL ADVISORS LLC Reduced $211.7m702.9k shares
JANE STREET GROUP, LLC Added $173.7m576.8k shares
BARCLAYS PLC New $43.7m145.0k shares
Oribel Capital Management, LP Added $40.0m132.9k shares
MARSHALL WACE, LLP Reduced $22.5m74.7k shares
Parallax Volatility Advisers, L.P. Added $12.8m42.4k shares
Walleye Trading LLC Added $7.2m24.0k shares
PEAK6 LLC Added $5.6m18.6k shares
Twin Tree Management, LP Reduced $3.8m12.6k shares

Biggest puts

BNP PARIBAS FINANCIAL MARKETS Added $817.9m27.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $313.2m1.0m shares
JANE STREET GROUP, LLC Added $214.3m711.6k shares
CITADEL ADVISORS LLC Reduced $136.4m452.9k shares
UBS Group AG Added $104.0m345.3k shares
MARSHALL WACE, LLP Reduced $76.0m252.4k shares
CloudAlpha Capital Management Limited/Hong Kong Added $69.7m231.5k shares
Twin Tree Management, LP Reduced $55.4m183.8k shares
Parallax Volatility Advisers, L.P. Reduced $31.0m103.1k shares
Walleye Trading LLC Reduced $24.8m82.4k 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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GOLDMAN SACHS GROUP INC 0.12% of their portfolio NEW YORK, NY 2,904,6382.9m $874.7m $874.7m 0.12% Added +941.4k +941,363
2 BANK OF AMERICA CORP /DE/ 0.06% of their portfolio CHARLOTTE, NC 2,577,1532.6m $776.1m $776.1m 0.06% Added +257.2k +257,209
3 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 2,368,6082.4m $713.3m $713.3m 0.04% Added +547.1k +547,109
4 UBS Group AG 0.09% of their portfolio ZURICH, V8 1,439,4831.4m $433.5m $433.5m 0.09% Added +169.2k +169,239
5 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.60% of their portfolio TORONTO, A6 1,180,0001.2m $355.4m $355.4m 0.60% Reduced -405.0k -405,000
6 BNP PARIBAS FINANCIAL MARKETS 0.22% of their portfolio PARIS, I0 1,169,1801.2m $352.1m $352.1m 0.22% Added +42.0k +42,036
7 LPL Financial LLC 0.09% of their portfolio FORT MILL, SC 1,041,7831.0m $313.7m $313.7m 0.09% Added +19.0k +19,038
8 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 963,663963.7k $290.2m $290.2m 0.06% Added +121.6k +121,561
9 BANK OF NOVA SCOTIA 0.20% of their portfolio TORONTO, A6 451,617451.6k $136.0m $136.0m 0.20% Added +443.0k +443,030
10 Foundations Investment Advisors, LLC 1.60% of their portfolio PHOENIX, AZ 406,107406.1k $122.3m $122.3m 1.60% Added +75.3k +75,257
11 Rockefeller Capital Management L.P. 0.22% of their portfolio NEW YORK, NY 397,656397.7k $119.8m $119.8m 0.22% Reduced -2.5k -2,539
12 CITIGROUP INC 0.07% of their portfolio NEW YORK, NY 343,269343.3k $103.4m $103.4m 0.07% Added +96.0k +96,022
13 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 342,815342.8k $103.2m $103.2m 0.02% Reduced -10.9k -10,887
14 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 301,700301.7k $90.9m $90.9m 0.03% Added +47.8k +47,787
15 DONALDSON CAPITAL MANAGEMENT, LLC 2.86% of their portfolio EVANSVILLE, IN 298,148298.1k $89.8m $89.8m 2.86% Reduced -1.8k -1,805
16 LMR Partners LLP 0.81% of their portfolio LONDON, X0 280,432280.4k $84.5m $84.5m 0.81% Reduced -49.6k -49,568
17 Corient Private Wealth LP 0.05% of their portfolio MIAMI, FL 254,156254.2k $76.5m $76.5m 0.05% Added +232.5k +232,459
18 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 252,252252.3k $76.0m $76.0m 0.01% Reduced -362.0k -361,958
19 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.10% of their portfolio BALA CYNWYD, PA 250,753250.8k $75.5m $75.5m 0.10% Added +220.9k +220,879
20 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 248,185248.2k $74.8m $74.8m 0.02% Reduced -37.7k -37,710
21 COMMONWEALTH EQUITY SERVICES, LLC 0.10% of their portfolio WALTHAM, MA 240,689240.7k $72.5m $72.5m 0.10% Reduced -39.4k -39,405
22 OSAIC HOLDINGS, INC. 0.10% of their portfolio SCOTTSDALE, AZ 226,384226.4k $68.2m $68.2m 0.10% Added +42.4k +42,435
23 Thrivent Financial for Lutherans 0.12% of their portfolio Minneapolis, MN 219,836219.8k $66.2m $66.2m 0.12% Reduced -51.6k -51,579
24 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 217,577217.6k $65.5m $65.5m 0.04% Added +4.3k +4,278
25 Cambridge Investment Research Advisors, Inc. 0.17% of their portfolio FAIRFIELD, IA 210,355210.4k $63.3m $63.3m 0.17% Reduced -3.1k -3,150
26 ALKEON CAPITAL MANAGEMENT LLC 0.25% of their portfolio New York, NY 192,600192.6k $58.0m $58.0m 0.25% New
27 EDMOND DE ROTHSCHILD HOLDING S.A. 0.77% of their portfolio CHAMBESY, V8 179,837179.8k $54.2m $54.2m 0.77% Added +37.3k +37,302
28 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 179,208179.2k $54.0m $54.0m 0.02% Reduced -146.9k -146,936
29 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 169,154169.2k $50.9m $50.9m 0.06% Added +530 +530
30 Elo Mutual Pension Insurance Co 0.72% of their portfolio ESPOO, H9 156,760156.8k $47.2m $47.2m 0.72% New
31 Analyst IMS Investment Management Services Ltd. 1.37% of their portfolio Tel-aviv, L3 156,431156.4k $47.1m $47.1m 1.37% Reduced -2.7k -2,680
32 SIMPLEX TRADING, LLC 1.32% of their portfolio CHICAGO, IL 156,093156.1k $47.0m $47.0m 1.32% New
33 JONES FINANCIAL COMPANIES LLLP 0.03% of their portfolio DES PERES, MO 155,263155.3k $46.8m $46.8m 0.03% Added +21.5k +21,526
34 MML INVESTORS SERVICES, LLC 0.11% of their portfolio SPRINGFIELD, MA 151,013151.0k $45.5m $45.5m 0.11% Added +68.0k +68,037
35 Wellspring Financial Advisors, LLC 3.57% of their portfolio CLEVELAND, OH 150,012150.0k $45.2m $45.2m 3.57% Added +4.9k +4,859
36 Gerber Kawasaki Wealth & Investment Management 1.53% of their portfolio SANTA MONICA, CA 145,143145.1k $43.7m $43.7m 1.53% Added +3.6k +3,622
37 GM Advisory Group, LLC 1.71% of their portfolio MELVILLE, NY 145,014145.0k $43.7m $43.7m 1.71% Reduced -2.5k -2,489
38 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 143,228143.2k $43.1m $43.1m 0.01% Reduced -5.9k -5,916
39 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 125,205125.2k $37.7m $37.7m 0.03% New
40 NATIONAL BANK OF CANADA /FI/ 0.04% of their portfolio MONTREAL, A8 117,802117.8k $35.5m $35.5m 0.04% Added +82.5k +82,546
41 GREENWOOD GEARHART LLC 1.95% of their portfolio FAYETTEVILLE, AR 117,606117.6k $35.4m $35.4m 1.95% Reduced -10.5k -10,480
42 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 115,601115.6k $34.8m $34.8m 0.04% Reduced -2.8k -2,838
43 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 108,680108.7k $32.7m $32.7m 0.03% Added +30.0k +29,982
44 FIRST MANHATTAN CO. LLC. 0.08% of their portfolio NEW YORK, NY 101,086101.1k $30.4m $30.4m 0.08% Added +239 +239
45 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 86,46986.5k $26.0m $26.0m 0.03% Added +2.9k +2,932
46 Yarbrough Capital, LLC 0.77% of their portfolio FRANKLIN, TN 82,38382.4k $24.8m $24.8m 0.77% Unchanged
47 Focus Partners Wealth 0.03% of their portfolio ST LOUIS, MO 78,81278.8k $23.7m $23.7m 0.03% Added +7.2k +7,195
48 Anfield Capital Management, LLC 7.37% of their portfolio IRVINE, CA 77,54277.5k $23.4m $23.4m 7.37% Reduced -5.2k -5,202
49 Advisory Services Network, LLC 0.32% of their portfolio ATLANTA, GA 74,56674.6k $22.5m $22.5m 0.32% Added +44.8k +44,770
50 OPPENHEIMER & CO INC 0.30% of their portfolio NEW YORK, NY 71,06771.1k $21.4m $21.4m 0.30% Added +2.3k +2,336
51 TD Waterhouse Canada Inc. 0.13% of their portfolio TORONTO, A6 68,78668.8k $20.7m $20.7m 0.13% Added +11.5k +11,472
52 Mariner, LLC 0.02% of their portfolio Overland Park, KS 68,37868.4k $20.6m $20.6m 0.02% Added +3.3k +3,320
53 TRUE Private Wealth Advisors 1.94% of their portfolio Salem, OR 64,45964.5k $19.4m $19.4m 1.94% Added +48.6k +48,562
54 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.13% of their portfolio Madrid, U3 59,71859.7k $18.1m $18.1m 0.13% Added +30.3k +30,296
55 United Asset Strategies, Inc. 1.37% of their portfolio GARDEN CITY, NY 58,81158.8k $17.7m $17.7m 1.37% Reduced -359 -359
56 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 58,20958.2k $17.5m $17.5m 0.03% New
57 FIL Ltd 0.01% of their portfolio HAMILTON, D0 56,17056.2k $16.9m $16.9m 0.01% Added +4.7k +4,744
58 BANK HAPOALIM BM 1.46% of their portfolio TEL AVIV, L3 55,89655.9k $16.8m $16.8m 1.46% Reduced -2.0k -2,032
59 Kestra Advisory Services, LLC 0.07% of their portfolio AUSTIN, TX 55,21855.2k $16.6m $16.6m 0.07% Added +2.3k +2,349
60 COMMERCE BANK 0.09% of their portfolio KANSAS CITY, MO 54,98555.0k $16.6m $16.6m 0.09% Added +4.2k +4,205
61 REDSTONE WEALTH MANAGEMENT, LLC 12.94% of their portfolio OKLAHOMA CITY, OK 54,37254.4k $16.4m $16.4m 12.94% First filing
62 Maxi Investments CY Ltd 2.87% of their portfolio LIMASSOL, G4 52,40052.4k $15.8m $15.8m 2.87% New
63 Legacy Edge Advisors, LLC 1.68% of their portfolio SYOSSET, NY 50,86050.9k $15.3m $15.3m 1.68% Added +200 +200
64 Align Financial, LLC 0.03% of their portfolio HERMANTOWN, MN 49,71949.7k $49.7k $49.7k 0.03% First filing
65 Legend Financial Advisors, Inc. 8.85% of their portfolio PITTSBURGH, PA 48,55948.6k $14.6m $14.6m 8.85% Reduced -3.5k -3,458
66 Financial Partners Group, Inc 1.94% of their portfolio Overland Park, KS 48,47148.5k $16.8m $16.8m 1.94% Reduced -989 -989
67 Weiss Asset Management LP 0.20% of their portfolio BOSTON, MA 46,56746.6k $14.0m $14.0m 0.20% Not comparable
68 Chicago Wealth Management, Inc. 5.57% of their portfolio CHICAGO, IL 46,03446.0k $13.9m $13.9m 5.57% Added +647 +647
69 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 44,26044.3k $14.5m $14.5m 0.02% Added +1.8k +1,767
70 Galvin, Gaustad & Stein, LLC 1.00% of their portfolio Scottsdale, AZ 42,61842.6k $12.8m $12.8m 1.00% New
71 SAVA PENZISKO DRUSHTVO A.D. SKOPJE 4.08% of their portfolio SKOPJE, 1U 41,94041.9k $12.6m $12.6m 4.08% Reduced -3.3k -3,335
72 Alaska Permanent Capital Management, LLC 0.94% of their portfolio ANCHORAGE, AK 41,26741.3k $12.4m $12.4m 0.94% Reduced -21.2k -21,205
73 Capital Investment Counsel, LLC 1.72% of their portfolio DENVER, CO 41,01641.0k $12.4m $12.4m 1.72% Reduced -294 -294
74 Steward Partners Investment Advisory, LLC 0.07% of their portfolio STAMFORD, CT 40,91140.9k $12.3m $12.3m 0.07% Added +1.5k +1,484
75 Wealthfront Advisers LLC 0.03% of their portfolio Palo Alto, CA 40,15840.2k $12.1m $12.1m 0.03% Added +5.1k +5,141
76 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 40,13140.1k $12.1m $12.1m 0.00% Reduced -1.4k -1,386
77 TOTH FINANCIAL ADVISORY CORP 1.30% of their portfolio LEESBURG, VA 39,60439.6k $11.9m $11.9m 1.30% Reduced -600 -600
78 Cadent Capital Advisors, LLC 3.13% of their portfolio TULSA, OK 39,35739.4k $11.9m $11.9m 3.13% Added +18.3k +18,280
79 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 37,82437.8k $11.4m $11.4m 0.03% Added +2.1k +2,085
80 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 37,21037.2k $11.2m $11.2m 0.05% Added +1.8k +1,834
81 KCM INVESTMENT ADVISORS LLC 0.35% of their portfolio GREENBRAE, CA 36,06736.1k $10.9m $10.9m 0.35% Reduced -2.4k -2,352
82 Avondale Wealth Management 5.56% of their portfolio WEST LAKE HILLS, TX 35,92335.9k $10.8m $10.8m 5.56% Reduced -7.3k -7,338
83 Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio SEOUL, M5 35,61535.6k $10.7m $10.7m 0.03% Reduced -751 -751
84 Kingsview Wealth Management, LLC 0.15% of their portfolio GRANTS PASS, OR 35,19635.2k $10.6m $10.6m 0.15% Added +24.3k +24,305
85 Gray Foundation 2.60% of their portfolio Cohoes, NY 34,37134.4k $10.4m $10.4m 2.60% Unchanged
86 HARBOR ADVISORY CORP /MA/ 3.13% of their portfolio PORTSMOUTH, NH 34,34534.3k $10.3m $10.3m 3.13% Reduced -2.5k -2,527
87 LOWE BROCKENBROUGH & CO INC 0.50% of their portfolio RICHMOND, VA 33,58433.6k $10.1m $10.1m 0.50% Added +592 +592
88 Geremia Financial Services, LLC 8.21% of their portfolio EDISON, NJ 33,04333.0k $10.0m $10.0m 8.21% First filing
89 Equitable Holdings, Inc. 0.07% of their portfolio NEW YORK, NY 32,11932.1k $9.7m $9.7m 0.07% Added +2.6k +2,610
90 KESTRA PRIVATE WEALTH SERVICES, LLC 0.12% of their portfolio AUSTIN, TX 31,61731.6k $9.5m $9.5m 0.12% Reduced -3.7k -3,664
91 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 31,59131.6k $9.6m $9.6m 0.01% Reduced -8.0k -7,962
92 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 30,88130.9k $9.3m $9.3m 0.02% Reduced -46.2k -46,163
93 Meridian Wealth Management, LLC 0.32% of their portfolio LEXINGTON, KY 30,09630.1k $9.1m $9.1m 0.32% Reduced -2.2k -2,172
94 Tower Research Capital LLC (TRC) 0.22% of their portfolio NEW YORK, NY 29,76029.8k $9.0m $9.0m 0.22% Added +29.8k +29,756
95 Traynor Capital Management, Inc. 0.49% of their portfolio MALVERN, PA 29,74929.7k $9.0m $9.0m 0.49% Reduced -111 -111
96 New York Life Investment Management LLC 0.08% of their portfolio New York, NY 29,55729.6k $8.9m $8.9m 0.08% Added +15.8k +15,809
97 Rakuten Investment Management, Inc. 0.03% of their portfolio TOKYO, M0 28,48428.5k $7.7m $7.7m 0.03% Unchanged
98 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 28,28428.3k $8.5m $8.5m 0.02% Reduced -65 -65
99 Arete Wealth Advisors, LLC 0.59% of their portfolio CHICAGO, IL 28,25228.3k $8.5m $8.5m 0.59% Added +9.3k +9,305
100 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 28,19828.2k $8.5m $8.5m 0.01% Reduced -85.8k -85,830