Vault-13

ISHARES TR IGM

EXPND TEC SC ETF · ETP · CUSIP 464287549

513 institutional holders +13 vs Q3 2025
38,027,42138.0m shares reported held*
$4.9bnreported value*
30 new 128 added 194 reduced 33 sold out net sold ≈ $1.1bn (-8.5m 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 ≈ $129.17. Options: 3 managers hold calls ($19.3m notional), 2 hold puts ($477.9k).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 255Q4 22: 252Q1 23: 262Q2 23: 290Q3 23: 284Q4 23: 322Q1 24: 340Q2 24: 371Q3 24: 385Q4 24: 419Q1 25: 426Q2 25: 460Q3 25: 500Q4 25: 513513Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022255
Q4 2022252
Q1 2023262
Q2 2023290
Q3 2023284
Q4 2023322
Q1 2024340
Q2 2024371
Q3 2024385
Q4 2024419
Q1 2025426
Q2 2025460
Q3 2025500
Q4 2025513

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 140 bought or addedQ1 24: 122 cut or sold outQ2 24: 162 bought or addedQ2 24: 102 cut or sold outQ2 24Q3 24: 162 bought or addedQ3 24: 126 cut or sold outQ4 24: 171 bought or addedQ4 24: 122 cut or sold outQ4 24Q1 25: 175 bought or addedQ1 25: 155 cut or sold outQ2 25: 186 bought or addedQ2 25: 175 cut or sold outQ2 25Q3 25: 232 bought or addedQ3 25: 142 cut or sold outQ4 25: 158 bought or addedQ4 25: 227 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024140122
Q2 2024162102
Q3 2024162126
Q4 2024171122
Q1 2025175155
Q2 2025186175
Q3 2025232142
Q4 2025158227

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ1 25 calls: $3.9mQ1 25 puts: $661.9kQ1 25P/C 0.17Q2 25 calls: $10.3mQ2 25 puts: $954.9kQ2 25P/C 0.09Q3 25 calls: $36.1mQ3 25 puts: $1.5mQ3 25P/C 0.04Q4 25 calls: $19.3mQ4 25 puts: $477.9kQ4 25P/C 0.02
Numbers
QuarterCallsPutsP/C
Q1 2025$3.9m$661.9k0.17
Q2 2025$10.3m$954.9k0.09
Q3 2025$36.1m$1.5m0.04
Q4 2025$19.3m$477.9k0.02

Biggest buyers

JPMORGAN CHASE & CO Added +687,336+687.3k
Lido Advisors, LLC Added +228,584+228.6k
WELLINGTON MANAGEMENT GROUP LLP Added +141,024+141.0k
Corient Private Wealth LP Added +95,778+95.8k
Focus Partners Wealth Added +82,102+82.1k
BNP PARIBAS FINANCIAL MARKETS Added +49,972+50.0k
BLAIR WILLIAM & CO/IL Added +49,532+49.5k
WELLS FARGO & COMPANY/MN Added +44,765+44.8k
Northstar Advisory Group, LLC Added +41,933+41.9k
Quantinno Capital Management LP Added +28,082+28.1k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -1,687,035-1.7m
BANK OF AMERICA CORP /DE/ Reduced -1,490,569-1.5m
RAYMOND JAMES FINANCIAL INC Reduced -1,105,704-1.1m
TRUIST FINANCIAL CORP Reduced -990,712-990.7k
WestEnd Advisors, LLC Reduced -960,787-960.8k
Janney Montgomery Scott LLC Reduced -878,482-878.5k
BANK OF MONTREAL /CAN/ Reduced -763,272-763.3k
VICTORY CAPITAL MANAGEMENT INC Reduced -333,434-333.4k
Stuart Chaussee & Associates, Inc. Sold out -228,640-228.6k
SteelPeak Wealth, LLC Sold out -204,668-204.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $8.3m64.6k shares
CITADEL ADVISORS LLC Added $8.2m63.5k shares
JANE STREET GROUP, LLC Reduced $2.8m21.5k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $245.4k1.9k shares
JANE STREET GROUP, LLC Reduced $232.5k1.8k 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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 3,790,2493.8m $489.5m $489.5m 0.04% Reduced -1.5m -1,490,569
2 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 2,548,4182.5m $329.2m $329.2m 0.02% Added +687.3k +687,336
3 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 2,390,8402.4m $308.8m $308.8m 0.02% Reduced -16.2k -16,153
4 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 4.81% of their portfolio LOS ANGELES, CA 1,847,6751.8m $238.6m $238.6m 4.81% Reduced -21.3k -21,341
5 RAYMOND JAMES FINANCIAL INC 0.07% of their portfolio ST. PETERSBURG, FL 1,773,4731.8m $229.1m $229.1m 0.07% Reduced -1.1m -1,105,704
6 ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio Berwyn, PA 1,676,6891.7m $216.6m $216.6m 0.06% Reduced -1.7m -1,687,035
7 Equitable Holdings, Inc. 1.42% of their portfolio NEW YORK, NY 1,611,2971.6m $208.1m $208.1m 1.42% Reduced -52.3k -52,313
8 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 1,453,9431.5m $187.8m $187.8m 0.05% Reduced -154.9k -154,914
9 BANK OF MONTREAL /CAN/ 0.07% of their portfolio TORONTO, A6 1,310,1001.3m $169.2m $169.2m 0.07% Reduced -763.3k -763,272
10 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 1,271,1991.3m $164.2m $164.2m 0.03% Reduced -140.2k -140,236
11 Janney Montgomery Scott LLC 0.31% of their portfolio PHILADELPHIA, PA 1,035,8301.0m $133.8m $133.8m 0.31% Reduced -878.5k -878,482
12 TRUIST FINANCIAL CORP 0.18% of their portfolio CHARLOTTE, NC 1,025,3281.0m $132.4m $132.4m 0.18% Reduced -990.7k -990,712
13 Cerity Partners LLC 0.18% of their portfolio NEW YORK, NY 942,890942.9k $121.8m $121.8m 0.18% Reduced -26.3k -26,262
14 WestEnd Advisors, LLC 2.48% of their portfolio CHARLOTTE, NC 823,694823.7k $106.4m $106.4m 2.48% Reduced -960.8k -960,787
15 Steward Partners Investment Advisory, LLC 0.56% of their portfolio STAMFORD, CT 784,414784.4k $101.3m $101.3m 0.56% Reduced -58.3k -58,338
16 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 765,711765.7k $98.9m $98.9m 0.02% Reduced -11.8k -11,809
17 Destination Wealth Management 2.11% of their portfolio Walnut Creek, CA 625,219625.2k $80.8m $80.8m 2.11% Reduced -5.8k -5,753
18 Gray Foundation 18.12% of their portfolio Cohoes, NY 559,116559.1k $72.2m $72.2m 18.12% Unchanged
19 UBS Group AG 0.01% of their portfolio ZURICH, V8 512,887512.9k $66.2m $66.2m 0.01% Reduced -15.4k -15,364
20 COMMONWEALTH EQUITY SERVICES, LLC 0.08% of their portfolio WALTHAM, MA 484,522484.5k $62.6m $62.6m 0.08% Reduced -5.5k -5,498
21 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 424,377424.4k $54.8m $54.8m 0.01% Added +44.8k +44,765
22 PGIM Custom Harvest LLC 0.71% of their portfolio NEWARK, NJ 371,801371.8k $48.0m $48.0m 0.71% Added +299 +299
23 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 353,541353.5k $45.7m $45.7m 0.01% Added +141.0k +141,024
24 Portfolio Strategies, Inc. 5.25% of their portfolio MONTVALE, NJ 351,199351.2k $45.4m $45.4m 5.25% Added +4.5k +4,486
25 VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio San Antonio, TX 288,880288.9k $37.3m $37.3m 0.02% Reduced -333.4k -333,434
26 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 280,697280.7k $36.3m $36.3m 0.03% Reduced -37.2k -37,179
27 Mirae Asset Global Investments Co., Ltd. 0.09% of their portfolio SEOUL, M5 265,000265.0k $34.2m $34.2m 0.09% Reduced -5.0k -5,000
28 Legacy Financial Strategies, LLC 5.83% of their portfolio OVERLAND PARK, KS 254,895254.9k $32.9m $32.9m 5.83% Reduced -45.6k -45,551
29 Lido Advisors, LLC 0.12% of their portfolio Los Angeles, CA 235,458235.5k $30.4m $30.4m 0.12% Added +228.6k +228,584
30 Allworth Financial LP 0.12% of their portfolio FOLSOM, CA 234,047234.0k $30.2m $30.2m 0.12% Reduced -9.8k -9,786
31 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 211,296211.3k $27.3m $27.3m 0.02% Added +95.8k +95,778
32 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 210,508210.5k $27.2m $27.2m 0.04% Reduced -22.3k -22,266
33 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 201,952202.0k $26.1m $26.1m 0.00% Added +5.9k +5,891
34 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 193,817193.8k $25.0m $25.0m 0.03% Reduced -35.7k -35,652
35 Focus Partners Wealth 0.02% of their portfolio ST LOUIS, MO 159,592159.6k $20.6m $20.6m 0.02% Added +82.1k +82,102
36 HB Wealth Management, LLC 0.12% of their portfolio Atlanta, GA 145,612145.6k $18.8m $18.8m 0.12% Added +358 +358
37 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 138,215138.2k $17.9m $17.9m 0.04% Reduced -2.0k -1,994
38 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 133,538133.5k $17.2m $17.2m 0.05% Reduced -4.6k -4,624
39 Mariner, LLC 0.02% of their portfolio Overland Park, KS 132,575132.6k $17.1m $17.1m 0.02% Reduced -8.0k -8,005
40 BAILARD, INC. 0.37% of their portfolio Foster City, CA 130,075130.1k $16.8m $16.8m 0.37% Reduced -7.6k -7,563
41 Mathes Company, Inc. 5.68% of their portfolio New York, NY 123,315123.3k $15.9m $15.9m 5.68% Reduced -17.1k -17,109
42 CIBC WORLD MARKET INC. 0.03% of their portfolio TORONTO, A6 114,029114.0k $14.7m $14.7m 0.03% Reduced -10.4k -10,390
43 White Lighthouse Investment Management Inc. 2.05% of their portfolio BEDFORD, MA 113,956114.0k $14.7m $14.7m 2.05% Added +11.2k +11,221
44 SAGESPRING WEALTH PARTNERS, LLC 0.26% of their portfolio FRANKLIN, TN 111,265111.3k $14.4m $14.4m 0.26% Reduced -1.6k -1,590
45 Decker Wealth Management LLC 3.07% of their portfolio NASHVILLE, TN 108,140108.1k $14.0m $14.0m 3.07% First filing
46 ASSETMARK, INC 0.03% of their portfolio CONCORD, CA 105,417105.4k $13.6m $13.6m 0.03% Reduced -90.1k -90,060
47 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 102,784102.8k $13.3m $13.3m 0.01% Reduced -34.3k -34,277
48 Apollon Wealth Management, LLC 0.23% of their portfolio MOUNT PLEASANT, SC 101,732101.7k $13.1m $13.1m 0.23% Reduced -583 -583
49 GM Advisory Group, LLC 0.51% of their portfolio MELVILLE, NY 100,344100.3k $13.0m $13.0m 0.51% Added +455 +455
50 Dynamic Wealth Strategies, LLC 7.62% of their portfolio GRANITE BAY, CA 99,10999.1k $12.8m $12.8m 7.62% Added +4.3k +4,277
51 Vantage Financial Partners, LLC 2.52% of their portfolio ELM GROVE, WI 96,09896.1k $12.4m $12.4m 2.52% Reduced -174 -174
52 Sanctuary Advisors, LLC 0.07% of their portfolio INDIANAPOLIS, IN 95,84295.8k $12.4m $12.4m 0.07% Reduced -106.2k -106,231
53 Shira Ridge Wealth Management 4.68% of their portfolio LARKSPUR, CA 90,12990.1k $11.6m $11.6m 4.68% Reduced -7.0k -7,009
54 &PARTNERS 0.06% of their portfolio NASHVILLE, TN 90,10590.1k $11.6m $11.6m 0.06% Added +942 +942
55 Prostatis Group LLC 2.62% of their portfolio HANOVER, MD 85,07485.1k $11.0m $11.0m 2.62% Added +5.4k +5,366
56 Fairscale Capital, LLC 7.26% of their portfolio NASHUA, NH 84,74484.7k $10.9m $10.9m 7.26% Added +59 +59
57 Baker Avenue Asset Management, LP 0.22% of their portfolio SAN FRANCISCO, CA 74,83574.8k $9.7m $9.7m 0.22% Added +333 +333
58 OVERSEA-CHINESE BANKING Corp Ltd 0.26% of their portfolio SINGAPORE, U0 72,34972.3k $9.3m $9.3m 0.26% Reduced -23.3k -23,336
59 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 71,48971.5k $9.2m $9.2m 0.00% Added +1.5k +1,458
60 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 69,86369.9k $9.0m $9.0m 0.02% Added +6.8k +6,799
61 WealthBridge Capital Management, LLC 1.99% of their portfolio WESTERVILLE, OH 67,52567.5k $8.7m $8.7m 1.99% Reduced -1.6k -1,640
62 CWM, LLC 0.02% of their portfolio OMAHA, NE 64,59264.6k $8.3m $8.3m 0.02% Reduced -391 -391
63 Meridian Wealth Management, LLC 0.29% of their portfolio LEXINGTON, KY 64,22064.2k $8.3m $8.3m 0.29% Unchanged
64 Global Retirement Partners, LLC 0.14% of their portfolio San Rafael, CA 62,30762.3k $8.0m $8.0m 0.14% Added +700 +700
65 SCOTIA CAPITAL INC. 0.03% of their portfolio TORONTO, A6 62,18262.2k $8.0m $8.0m 0.03% Added +946 +946
66 Asset Management Group, Inc. 1.19% of their portfolio STAMFORD, CT 56,94656.9k $7.4m $7.4m 1.19% Reduced -154 -154
67 Integrity Investment Advisors, LLC 3.98% of their portfolio FORT COLLINS, CO 56,02056.0k $7.2m $7.2m 3.98% Added +1.6k +1,587
68 Graves Light Lenhart Wealth, Inc. 0.77% of their portfolio HARRISONBURG, VA 55,97356.0k $7.2m $7.2m 0.77% Unchanged
69 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 55,65155.7k $7.2m $7.2m 0.03% Reduced -36.4k -36,363
70 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 54,91954.9k $7.1m $7.1m 0.02% Added +49.5k +49,532
71 Northstar Advisory Group, LLC 2.51% of their portfolio NORTHFIELD, NJ 54,75654.8k $7.1m $7.1m 2.51% Added +41.9k +41,933
72 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 54,67754.7k $7.1m $7.1m 0.03% Reduced -3.5k -3,457
73 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 54,04654.0k $7.0m $7.0m 0.00% Added +4.3k +4,278
74 AFT, FORSYTH & COMPANY, INC. 2.96% of their portfolio JUPITER, FL 53,07153.1k $6.9m $6.9m 2.96% Reduced -23 -23
75 MIDLAND WEALTH ADVISORS, LLC 0.36% of their portfolio EFFINGHAM, IL 52,96353.0k $6.8m $6.8m 0.36% Reduced -211 -211
76 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 52,56352.6k $6.8m $6.8m 0.00% Added +492 +492
77 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 51,96652.0k $6.7m $6.7m 0.01% Added +5.1k +5,082
78 ACIMA PRIVATE WEALTH, LLC 2.05% of their portfolio RICHMOND, VA 51,24051.2k $6.6m $6.6m 2.05% Reduced -2.2k -2,160
79 Trilogy Capital Inc. 0.29% of their portfolio IRVINE, CA 50,08250.1k $6.5m $6.5m 0.29% Reduced -48.0k -48,042
80 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 50,01050.0k $6.5m $6.5m 0.00% Added +50.0k +49,972
81 Humankind Investments LLC 2.83% of their portfolio NEW YORK, NY 48,93048.9k $6.3m $6.3m 2.83% Unchanged
82 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 48,10348.1k $6.2m $6.2m 0.03% Reduced -4.1k -4,106
83 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 47,18247.2k $6.1m $6.1m 0.00% Added +2.3k +2,319
84 Advisory Services Network, LLC 0.09% of their portfolio ATLANTA, GA 47,06047.1k $6.1m $6.1m 0.09% Reduced -2.7k -2,667
85 Concurrent Investment Advisors, LLC 0.07% of their portfolio Tampa, FL 44,10944.1k $5.7m $5.7m 0.07% Added +5.2k +5,230
86 KKM Financial LLC 0.99% of their portfolio CHICAGO, IL 42,96743.0k $5.5m $5.5m 0.99% Reduced -3.1k -3,098
87 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 42,25142.3k $5.5m $5.5m 0.01% Reduced -27.2k -27,225
88 FMR LLC 0.00% of their portfolio BOSTON, MA 39,85339.9k $5.1m $5.1m 0.00% Added +8.0k +8,019
89 Paragon Advisors, LLC 1.35% of their portfolio COLLEGE STATION, TX 38,58438.6k $5.0m $5.0m 1.35% Reduced -2.8k -2,833
90 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 38,18038.2k $4.9m $4.9m 0.00% Reduced -568 -568
91 Milestone Investment Advisors LLC 1.13% of their portfolio MIDDLETON, WI 36,11836.1k $4.7m $4.7m 1.13% Added +14 +14
92 Quantinno Capital Management LP 0.01% of their portfolio NEW YORK, NY 35,58335.6k $4.6m $4.6m 0.01% Added +28.1k +28,082
93 MERIDIAN INVESTMENT COUNSEL INC. 1.11% of their portfolio LAFAYETTE, CA 35,55735.6k $4.6m $4.6m 1.11% Reduced -638 -638
94 DAVENPORT & Co LLC 0.02% of their portfolio RICHMOND, VA 34,69434.7k $4.5m $4.5m 0.02% Reduced -33.3k -33,318
95 TRAPHAGEN INVESTMENT ADVISORS LLC 0.36% of their portfolio ORADELL, NJ 33,54433.5k $4.3m $4.3m 0.36% Reduced -100 -100
96 Campion Asset Management 2.97% of their portfolio Fairfax, VA 33,17333.2k $4.3m $4.3m 2.97% Reduced -339 -339
97 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 30,67630.7k $4.0m $4.0m 0.01% Reduced -6.0k -5,999
98 INTERACTIVE FINANCIAL ADVISORS, INC. 2.44% of their portfolio New Lenox, IL 29,19829.2k $3.8m $3.8m 2.44% Reduced -4.6k -4,575
99 SHEETS SMITH WEALTH MANAGEMENT 0.41% of their portfolio WINSTON-SALEM, NC 29,16529.2k $3.8m $3.8m 0.41% Reduced -1.6k -1,635
100 OneDigital Investment Advisors LLC 0.04% of their portfolio OVERLAND PARK, KS 29,06329.1k $3.8m $3.8m 0.04% Reduced -1.6k -1,561