Vault-13

ISHARES TR IBB

ISHARES BIOTECH · ETP · CUSIP 464287556 · ISIN US4642875565

867 institutional holders -38 vs Q4 2022
41,231,25441.2m shares reported held*
$5.3bnreported value*
65 new 194 added 337 reduced 97 sold out net sold ≈ $293.3m (-2.2m 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 ($2.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $129.00. Options: 15 managers hold calls ($300.2m notional), 21 hold puts ($354.1m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 830Q4 22: 905Q1 23: 867867Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022830
Q4 2022905
Q1 2023867

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q4 22: 341 bought or addedQ4 22: 334 cut or sold outQ4 22Q1 23: 259 bought or addedQ1 23: 434 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022341334
Q1 2023259434

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ3 22 calls: $264.5mQ3 22 puts: $720.7mQ3 22P/C 2.72Q4 22 calls: $325.4mQ4 22 puts: $511.1mQ4 22P/C 1.57Q1 23 calls: $300.2mQ1 23 puts: $354.1mQ1 23P/C 1.18
Numbers
QuarterCallsPutsP/C
Q3 2022$264.5m$720.7m2.72
Q4 2022$325.4m$511.1m1.57
Q1 2023$300.2m$354.1m1.18

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +1,524,684+1.5m
JPMORGAN CHASE & CO Added +1,209,700+1.2m
BNP PARIBAS FINANCIAL MARKETS Added +1,073,140+1.1m
CITIGROUP INC Added +306,853+306.9k
TWO SIGMA ADVISERS, LP Added +158,800+158.8k
BARCLAYS PLC Added +149,413+149.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +110,862+110.9k
GYL Financial Synergies, LLC New +72,740+72.7k
EP Wealth Advisors, LLC Added +63,578+63.6k
Bronte Capital Management Pty Ltd. Added +44,461+44.5k

Biggest sellers

CAXTON ASSOCIATES LP Sold out -1,156,519-1.2m
JANE STREET GROUP, LLC Reduced -760,750-760.8k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Reduced -561,000-561.0k
Ergoteles LLC Reduced -460,886-460.9k
Johns Hopkins University Reduced -407,252-407.3k
BANK OF NOVA SCOTIA Reduced -400,465-400.5k
Itau Unibanco Holding S.A. Sold out -339,976-340.0k
MILLENNIUM MANAGEMENT LLC Reduced -284,636-284.6k
Gradient Investments LLC Reduced -270,609-270.6k
MORGAN STANLEY Reduced -187,940-187.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $124.5m963.9k shares
CITADEL ADVISORS LLC Reduced $72.3m559.7k shares
Jefferies Financial Group Inc. Added $64.2m497.3k shares
BARCLAYS PLC Added $12.3m95.3k shares
WOLVERINE TRADING, LLC New $9.4m73.5k shares
CAPITAL FUND MANAGEMENT S.A. New $7.2m55.4k shares
GOLDMAN SACHS GROUP INC New $2.6m20.0k shares
PEAK6 Investments LLC Reduced $2.4m18.2k shares
MILLENNIUM MANAGEMENT LLC Reduced $2.0m15.6k shares
Parallax Volatility Advisers, L.P. Reduced $1.6m12.7k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $89.8m695.5k shares
Elliott Investment Management L.P. Reduced $71.9m556.6k shares
Jefferies Financial Group Inc. Reduced $56.5m437.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $43.9m339.6k shares
BARCLAYS PLC Added $26.1m202.1k shares
MILLENNIUM MANAGEMENT LLC Reduced $20.6m159.7k shares
PEAK6 Investments LLC Added $14.9m115.0k shares
CAPITAL FUND MANAGEMENT S.A. New $12.3m95.2k shares
WOLVERINE TRADING, LLC New $4.9m38.9k shares
J. Goldman & Co LP New $4.5m35.0k 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 BANK OF AMERICA CORP /DE/ 0.17% of their portfolio CHARLOTTE, NC 11,249,99111.2m $1.5bn $1.5bn 0.17% Added +1.5m +1,524,684
2 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 2,922,8062.9m $377.5m $377.5m 0.04% Reduced -187.9k -187,940
3 CITIGROUP INC 0.35% of their portfolio NEW YORK, NY 2,000,5322.0m $258.4m $258.4m 0.35% Added +306.9k +306,853
4 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 1,966,3592.0m $254.0m $254.0m 0.03% Added +1.2m +1,209,700
5 GOLDMAN SACHS GROUP INC 0.06% of their portfolio NEW YORK, NY 1,829,8971.8m $236.3m $236.3m 0.06% Reduced -44.2k -44,216
6 ROYAL BANK OF CANADA 0.07% of their portfolio TORONTO, A6 1,822,8621.8m $235.4m $235.4m 0.07% Reduced -7.5k -7,453
7 UBS Group AG 0.08% of their portfolio ZURICH, V8 1,360,1961.4m $175.7m $175.7m 0.08% Reduced -107.6k -107,646
8 BNP PARIBAS FINANCIAL MARKETS 0.37% of their portfolio PARIS, I0 1,344,3461.3m $173.6m $173.6m 0.37% Added +1.1m +1,073,140
9 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.72% of their portfolio TORONTO, A6 989,000989.0k $127.7m $127.7m 0.72% Reduced -561.0k -561,000
10 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 740,892740.9k $95.7m $95.7m 0.03% Reduced -159.2k -159,204
11 COMMERCE BANK 0.74% of their portfolio KANSAS CITY, MO 735,334735.3k $95.0m $95.0m 0.74% Reduced -292 -292
12 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 627,325627.3k $81.0m $81.0m 0.06% Reduced -4.9k -4,905
13 PNC Financial Services Group, Inc. 0.05% of their portfolio Pittsburgh, PA 441,513441.5k $57.0m $57.0m 0.05% Reduced -10.9k -10,857
14 Composition Wealth, LLC 1.27% of their portfolio LOS ANGELES, CA 303,281303.3k $39.2m $39.2m 1.27% Added +12.1k +12,095
15 Bronte Capital Management Pty Ltd. 4.53% of their portfolio Bondi Junction, C3 302,076302.1k $39.0m $39.0m 4.53% Added +44.5k +44,461
16 Bank Julius Baer & Co. Ltd, Zurich 0.24% of their portfolio ZURICH, V8 288,459288.5k $37.3m $37.3m 0.24% Added +6.1k +6,081
17 JANE STREET GROUP, LLC 0.05% of their portfolio NEW YORK, NY 241,804241.8k $31.2m $31.2m 0.05% Reduced -760.8k -760,750
18 MBB PUBLIC MARKETS I LLC 1.79% of their portfolio CHICAGO, IL 239,700239.7k $31.0m $31.0m 1.79% Reduced -13.6k -13,632
19 J.P. Morgan Private Wealth Advisors LLC 0.07% of their portfolio SAN FRANCISCO, CA 239,226239.2k $30.9m $30.9m 0.07% Reduced -58.5k -58,493
20 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 229,715229.7k $29.7m $29.7m 0.06% Reduced -45.8k -45,807
21 Hackensack Meridian Health, Inc. 4.26% of their portfolio EDISON, NJ 228,000228.0k $29.4m $29.4m 4.26% Unchanged
22 Ergoteles LLC 1.09% of their portfolio NEW YORK, NY 215,881215.9k $27.9m $27.9m 1.09% Reduced -460.9k -460,886
23 TWO SIGMA ADVISERS, LP 0.07% of their portfolio NEW YORK, NY 210,599210.6k $27.2m $27.2m 0.07% Added +158.8k +158,800
24 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio BALA CYNWYD, PA 207,463207.5k $26.8m $26.8m 0.04% Added +110.9k +110,862
25 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 203,171203.2k $26.2m $26.2m 0.02% Added +5.8k +5,799
26 Baird Financial Group, Inc. 0.06% of their portfolio MILWAUKEE, WI 189,926189.9k $24.5m $24.5m 0.06% Reduced -11.1k -11,077
27 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 170,122170.1k $21.3m $21.3m 0.01% Added +7.1k +7,140
28 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 164,090164.1k $21.2m $21.2m 0.04% Reduced -133.0k -132,965
29 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 152,041152.0k $19.6m $19.6m 0.02% Added +149.4k +149,413
30 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 151,640151.6k $19.6m $19.6m 0.02% Reduced -25.4k -25,396
31 ALBION FINANCIAL GROUP /UT 1.53% of their portfolio SALT LAKE CITY, UT 129,714129.7k $16.8m $16.8m 1.53% Added +784 +784
32 CANADA LIFE ASSURANCE Co 0.04% of their portfolio WINNIPEG, A2 127,719127.7k $16.5m $16.5m 0.04% Reduced -3.1k -3,132
33 Avalon Trust Co 1.62% of their portfolio SANTA FE, NM 126,605126.6k $16.4m $16.4m 1.62% First filing
34 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 125,606125.6k $16.2m $16.2m 0.03% Reduced -54.6k -54,612
35 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 121,930121.9k $15.8m $15.8m 0.02% Reduced -29.0k -28,990
36 TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio NEW YORK, NY 117,807117.8k $15.2m $15.2m 0.05% Reduced -121.1k -121,100
37 Janney Montgomery Scott LLC 0.06% of their portfolio PHILADELPHIA, PA 109,864109.9k $14.2m $14.2m 0.06% Reduced -27.5k -27,477
38 Williams Jones Wealth Management, LLC. 0.22% of their portfolio NEW YORK, NY 108,631108.6k $14.0m $14.0m 0.22% Added +2.2k +2,181
39 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 107,461107.5k $14.7m $14.7m 0.04% Added +13.3k +13,298
40 DAFNA Capital Management LLC 3.97% of their portfolio LOS ANGELES, CA 102,500102.5k $13.2m $13.2m 3.97% Unchanged
41 Corient Private Wealth LP 0.03% of their portfolio MIAMI, FL 96,58396.6k $12.5m $12.5m 0.03% Added +35.4k +35,405
42 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 94,06194.1k $12.1m $12.1m 0.01% Reduced -101.3k -101,304
43 INVESTMENT HOUSE LLC 1.00% of their portfolio REDONDO BEACH, CA 93,83093.8k $12.1m $12.1m 1.00% Added +1.4k +1,421
44 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 87,14187.1k $11.3m $11.3m 0.06% Reduced -8.8k -8,841
45 MML INVESTORS SERVICES, LLC 0.08% of their portfolio SPRINGFIELD, MA 84,01084.0k $10.9m $10.9m 0.08% Reduced -9.1k -9,118
46 MMBG INVESTMENT ADVISORS CO. 1.36% of their portfolio MIAMI, FL 83,02583.0k $10.7m $10.7m 1.36% Unchanged
47 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 81,16581.2k $10.5m $10.5m 0.02% Reduced -1.6k -1,604
48 PEAPACK GLADSTONE FINANCIAL CORP 0.20% of their portfolio BEDMINSTER, NJ 80,93780.9k $10.6m $10.6m 0.20% Reduced -2.6k -2,610
49 BROWN ADVISORY INC 0.02% of their portfolio BALTIMORE, MD 80,67980.7k $10.4m $10.4m 0.02% Reduced -2.6k -2,566
50 Cetera Advisor Networks LLC 0.08% of their portfolio EL SEGUNDO, CA 79,97680.0k $10.3m $10.3m 0.08% Reduced -8.4k -8,435
51 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 79,91679.9k $10.3m $10.3m 0.02% Added +5.7k +5,709
52 Atom Investors LP 5.52% of their portfolio AUSTIN, TX 78,50178.5k $10.1m $10.1m 5.52% Reduced -3.2k -3,187
53 King Wealth Management Group 2.15% of their portfolio SARATOGA SPRINGS, NY 75,19075.2k $9.7m $9.7m 2.15% Added +95 +95
54 Beacon Pointe Advisors, LLC 0.16% of their portfolio NEWPORT BEACH, CA 73,37373.4k $9.5m $9.5m 0.16% Added +765 +765
55 GYL Financial Synergies, LLC 1.13% of their portfolio West Hartford, CT 72,74072.7k $9.4m $9.4m 1.13% New
56 Crescent Grove Advisors, LLC 1.09% of their portfolio LAKE FOREST, IL 72,60372.6k $9.4m $9.4m 1.09% Reduced -4.4k -4,391
57 Pacific Capital Wealth Advisors, Inc. 2.36% of their portfolio CORONA, CA 71,13671.1k $9.2m $9.2m 2.36% Added +1.0k +1,027
58 FACTORY MUTUAL INSURANCE CO 0.14% of their portfolio WALTHAM, MA 71,00071.0k $9.2m $9.2m 0.14% Unchanged
59 Johns Hopkins University 0.55% of their portfolio BALTIMORE, MD 68,13768.1k $8.8m $8.8m 0.55% Reduced -407.3k -407,252
60 MAI Capital Management 0.14% of their portfolio INDEPENDENCE, OH 67,88467.9k $8.8m $8.8m 0.14% Added +1.1k +1,054
61 EP Wealth Advisors, LLC 0.04% of their portfolio TORRANCE, CA 66,92866.9k $2.5m $2.5m 0.04% Added +63.6k +63,578
62 FOLGER NOLAN FLEMING DOUGLAS CAPITAL MANAGEMENT, INC 1.00% of their portfolio WASHINGTON, DC 66,23966.2k $8.6m $8.6m 1.00% Reduced -601 -601
63 EVERGREEN CAPITAL MANAGEMENT LLC 0.38% of their portfolio Bellevue, WA 65,42265.4k $8.4m $8.4m 0.38% Added +6.8k +6,789
64 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 63,54963.5k $8.2m $8.2m 0.01% Reduced -1.0k -1,002
65 McGuire Investment Group, LLC 1.62% of their portfolio WAKEFIELD, RI 63,09063.1k $8.1m $8.1m 1.62% Reduced -3.7k -3,725
66 APPLETON PARTNERS INC/MA 0.72% of their portfolio BOSTON, MA 62,35462.4k $8.1m $8.1m 0.72% Added +4.8k +4,803
67 Strategic Wealth Partners, Ltd. 1.19% of their portfolio INDEPENDENCE, OH 60,19960.2k $7.8m $7.8m 1.19% Added +9.4k +9,394
68 BlackRock Inc. 0.00% of their portfolio New York, NY 59,81459.8k $7.7m $7.7m 0.00% Unchanged
69 FORBES J M & CO LLP 1.05% of their portfolio Boston, MA 59,61259.6k $7.7m $7.7m 1.05% Added +907 +907
70 Destiny Wealth Partners, LLC 1.57% of their portfolio TAVARES, FL 58,66758.7k $7.6m $7.6m 1.57% Added +8.5k +8,488
71 VALICENTI ADVISORY SERVICES INC 2.52% of their portfolio ELMIRA, NY 58,57258.6k $7.6m $7.6m 2.52% Reduced -1.0k -1,004
72 NTV Asset Management LLC 1.39% of their portfolio Charleston, WV 57,87857.9k $7.5m $7.5m 1.39% Added +125 +125
73 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 57,17457.2k $7.4m $7.4m 0.03% Added +4.5k +4,468
74 Atlantic Union Bankshares Corp 0.74% of their portfolio GLEN ALLEN, VA 55,37155.4k $7.2m $7.2m 0.74% Reduced -8.5k -8,481
75 MOTCO 0.48% of their portfolio SAN ANTONIO, TX 54,59054.6k $7.1m $7.1m 0.48% Added +523 +523
76 Blume Capital Management, Inc. 2.24% of their portfolio BERKELEY, CA 54,52354.5k $7.0m $7.0m 2.24% Reduced -4.6k -4,565
77 SP Asset Management LLC 0.81% of their portfolio CUPERTINO, CA 51,26051.3k $6.6m $6.6m 0.81% Reduced -10.3k -10,260
78 Atria Wealth Solutions, Inc. 0.10% of their portfolio NEW YORK, NY 51,08451.1k $6.6m $6.6m 0.10% Reduced -5.7k -5,732
79 NEVILLE RODIE & SHAW INC 0.56% of their portfolio NEW YORK, NY 47,99648.0k $6.2m $6.2m 0.56% Unchanged
80 Colonial Trust Advisors 0.72% of their portfolio SPARTANBURG, SC 47,72947.7k $6.2m $6.2m 0.72% Reduced -337 -337
81 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 46,68046.7k $6.0m $6.0m 0.06% Reduced -545 -545
82 Tradition Wealth Management, LLC 0.74% of their portfolio EDINA, MN 46,16646.2k $6.0m $6.0m 0.74% Added +2.2k +2,219
83 NWAM LLC 0.60% of their portfolio MERCER ISLAND, WA 45,74645.7k $5.9m $5.9m 0.60% Reduced -5.1k -5,089
84 Alpha Cubed Investments, LLC 0.43% of their portfolio COSTA MESA, CA 45,55245.6k $5.9m $5.9m 0.43% Added +32.8k +32,827
85 Howard Capital Management Group, LLC 0.62% of their portfolio Los Angeles, CA 45,50645.5k $5.9m $5.9m 0.62% Unchanged
86 First Interstate Bank 0.45% of their portfolio Billings, MT 45,32245.3k $5.9m $5.9m 0.45% Added +830 +830
87 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 45,28545.3k $5.8m $5.8m 0.02% Added +6.1k +6,075
88 Kestra Advisory Services, LLC 0.06% of their portfolio AUSTIN, TX 44,38644.4k $5.7m $5.7m 0.06% Reduced -16.1k -16,093
89 Michelson Medical Research Foundation, Inc. 4.39% of their portfolio Los Angeles, CA 43,39543.4k $5.6m $5.6m 4.39% Unchanged
90 Erste Asset Management GmbH 0.11% of their portfolio VIENNA, C4 43,23543.2k $5.5m $5.5m 0.11% New
91 SIMPLEX TRADING, LLC 0.25% of their portfolio CHICAGO, IL 42,16242.2k $5.4m $5.4m 0.25% New
92 Associated Banc-Corp 0.21% of their portfolio Green Bay, WI 41,20841.2k $5.3m $5.3m 0.21% Reduced -1.4k -1,386
93 FRG Family Wealth Advisors LLC 1.20% of their portfolio BELLEVUE, WA 40,68740.7k $5.3m $5.3m 1.20% Unchanged
94 HRT FINANCIAL LP 0.06% of their portfolio NEW YORK, NY 40,19040.2k $5.2m $5.2m 0.06% Reduced -17.6k -17,557
95 Rye Brook Capital LLC 3.17% of their portfolio GREENWICH, CT 40,10040.1k $5.2m $5.2m 3.17% Added +50 +50
96 Brevan Howard Capital Management LP 1.14% of their portfolio ST. HELIER, Y9 40,00040.0k $5.2m $5.2m 1.14% Unchanged
97 HARBOUR INVESTMENT MANAGEMENT LLC 2.84% of their portfolio EDMONDS, WA 39,69539.7k $5.1m $5.1m 2.84% Added +1.1k +1,110
98 PURSUE WEALTH PARTNERS LLC 3.33% of their portfolio ALAMO, CA 37,78937.8k $4.9m $4.9m 3.33% Reduced -5.0k -5,016
99 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 36,84936.8k $4.8m $4.8m 0.01% Reduced -3.6k -3,565
100 BANQUE PICTET & CIE SA 0.05% of their portfolio GENEVA 73, V8 36,28336.3k $4.7m $4.7m 0.05% Reduced -1.2k -1,162