Vault-13

ISHARES TR IBB

ISHARES BIOTECH · ETP · CUSIP 464287556 · ISIN US4642875565

845 institutional holders -22 vs Q1 2023
40,488,44340.5m shares reported held*
$5.1bnreported value*
40 new 207 added 309 reduced 65 sold out net sold ≈ $129.2m (-941.0k 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 ($635.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $126.54. Options: 15 managers hold calls ($233.1m notional), 15 hold puts ($234.1m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 830Q4 22: 905Q1 23: 867Q2 23: 845845Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022830
Q4 2022905
Q1 2023867
Q2 2023845

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 23Q2 23: 247 bought or addedQ2 23: 374 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022341334
Q1 2023259434
Q2 2023247374

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 1.18Q2 23 calls: $233.1mQ2 23 puts: $234.1mQ2 23P/C 1.00
Numbers
QuarterCallsPutsP/C
Q3 2022$264.5m$720.7m2.72
Q4 2022$325.4m$511.1m1.57
Q1 2023$300.2m$354.1m1.18
Q2 2023$233.1m$234.1m1.00

Biggest buyers

MILLENNIUM MANAGEMENT LLC Added +368,681+368.7k
CITIGROUP INC Added +354,350+354.4k
ExodusPoint Capital Management, LP New +246,417+246.4k
UBS Group AG Added +181,338+181.3k
MANGROVE PARTNERS IM, LLC New +134,281+134.3k
BNP PARIBAS FINANCIAL MARKETS Added +132,705+132.7k
TWO SIGMA ADVISERS, LP Added +115,900+115.9k
JPMORGAN CHASE & CO Added +71,597+71.6k
Quintet Private Bank (Europe) S.A. Added +66,605+66.6k
Aristides Capital LLC New +63,773+63.8k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -719,903-719.9k
ROYAL BANK OF CANADA Reduced -523,930-523.9k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Reduced -280,000-280.0k
Hackensack Meridian Health, Inc. Sold out -228,000-228.0k
CITADEL ADVISORS LLC Reduced -144,473-144.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -101,600-101.6k
BANK OF AMERICA CORP /DE/ Reduced -87,249-87.2k
J.P. Morgan Private Wealth Advisors LLC Reduced -86,967-87.0k
LPL Financial LLC Reduced -86,172-86.2k
Atom Investors LP Reduced -66,000-66.0k

Biggest calls

BARCLAYS PLC Added $62.1m488.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $49.6m390.6k shares
CITADEL ADVISORS LLC Reduced $45.7m359.6k shares
Squarepoint Ops LLC New $29.3m231.0k shares
Jefferies Financial Group Inc. Reduced $22.2m174.7k shares
WOLVERINE TRADING, LLC Reduced $7.4m58.8k shares
Walleye Trading LLC Added $5.6m44.5k shares
GOLDMAN SACHS GROUP INC Unchanged $2.5m20.0k shares
MILLENNIUM MANAGEMENT LLC Unchanged $2.0m15.6k shares
Paloma Partners Management Co Added $1.8m14.1k shares

Biggest puts

Elliott Investment Management L.P. Reduced $58.1m458.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $55.3m435.5k shares
CITADEL ADVISORS LLC Reduced $43.1m339.1k shares
Jefferies Financial Group Inc. Reduced $34.5m271.7k shares
MILLENNIUM MANAGEMENT LLC Reduced $12.5m98.4k shares
UBS Group AG Added $10.4m81.6k shares
WOLVERINE TRADING, LLC Added $7.1m56.6k shares
Squarepoint Ops LLC New $6.0m46.9k shares
GOLDMAN SACHS GROUP INC Unchanged $2.5m20.0k shares
BNP PARIBAS FINANCIAL MARKETS Unchanged $1.9m150 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.17% of their portfolio CHARLOTTE, NC 11,162,74211.2m $1.4bn $1.4bn 0.17% Reduced -87.2k -87,249
2 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 2,952,9133.0m $374.9m $374.9m 0.04% Added +30.1k +30,107
3 CITIGROUP INC 0.38% of their portfolio NEW YORK, NY 2,354,8822.4m $299.0m $299.0m 0.38% Added +354.4k +354,350
4 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 2,037,9562.0m $258.7m $258.7m 0.03% Added +71.6k +71,597
5 UBS Group AG 0.09% of their portfolio ZURICH, V8 1,541,5341.5m $195.7m $195.7m 0.09% Added +181.3k +181,338
6 BNP PARIBAS FINANCIAL MARKETS 0.37% of their portfolio PARIS, I0 1,477,0511.5m $187.5m $187.5m 0.37% Added +132.7k +132,705
7 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 1,298,9321.3m $164.9m $164.9m 0.05% Reduced -523.9k -523,930
8 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 1,109,9941.1m $140.9m $140.9m 0.04% Reduced -719.9k -719,903
9 COMMERCE BANK 0.68% of their portfolio KANSAS CITY, MO 720,308720.3k $91.5m $91.5m 0.68% Reduced -15.0k -15,026
10 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.40% of their portfolio TORONTO, A6 709,000709.0k $90.0m $90.0m 0.40% Reduced -280.0k -280,000
11 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 691,368691.4k $87.8m $87.8m 0.03% Reduced -49.5k -49,524
12 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 541,153541.2k $68.7m $68.7m 0.05% Reduced -86.2k -86,172
13 PNC Financial Services Group, Inc. 0.05% of their portfolio Pittsburgh, PA 430,142430.1k $54.6m $54.6m 0.05% Reduced -11.4k -11,371
14 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 380,980381.0k $48.4m $48.4m 0.05% Added +368.7k +368,681
15 Bronte Capital Management Pty Ltd. 4.01% of their portfolio Bondi Junction, C3 327,813327.8k $41.6m $41.6m 4.01% Added +25.7k +25,737
16 TWO SIGMA ADVISERS, LP 0.11% of their portfolio NEW YORK, NY 326,499326.5k $41.5m $41.5m 0.11% Added +115.9k +115,900
17 Composition Wealth, LLC 1.25% of their portfolio LOS ANGELES, CA 323,934323.9k $41.1m $41.1m 1.25% Added +20.7k +20,653
18 Bank Julius Baer & Co. Ltd, Zurich 0.21% of their portfolio ZURICH, V8 282,555282.6k $35.9m $35.9m 0.21% Reduced -5.9k -5,904
19 ExodusPoint Capital Management, LP 0.37% of their portfolio NEW YORK, NY 246,417246.4k $31.3m $31.3m 0.37% New
20 MBB PUBLIC MARKETS I LLC 1.76% of their portfolio CHICAGO, IL 243,393243.4k $30.9m $30.9m 1.76% Added +3.7k +3,693
21 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 226,714226.7k $28.8m $28.8m 0.04% Reduced -15.1k -15,090
22 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 218,188218.2k $27.7m $27.7m 0.06% Reduced -11.5k -11,527
23 Ergoteles LLC 1.26% of their portfolio NEW YORK, NY 207,012207.0k $26.3m $26.3m 1.26% Reduced -8.9k -8,869
24 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 192,302192.3k $24.4m $24.4m 0.02% Reduced -10.9k -10,869
25 Baird Financial Group, Inc. 0.06% of their portfolio MILWAUKEE, WI 187,676187.7k $23.8m $23.8m 0.06% Reduced -2.2k -2,250
26 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 173,847173.8k $22.1m $22.1m 0.04% Added +9.8k +9,757
27 J.P. Morgan Private Wealth Advisors LLC 0.10% of their portfolio SAN FRANCISCO, CA 152,259152.3k $19.3m $19.3m 0.10% Reduced -87.0k -86,967
28 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 145,788145.8k $18.5m $18.5m 0.01% Reduced -24.3k -24,334
29 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 142,170142.2k $18.0m $18.0m 0.03% Added +16.6k +16,564
30 TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio NEW YORK, NY 136,807136.8k $17.4m $17.4m 0.05% Added +19.0k +19,000
31 MANGROVE PARTNERS IM, LLC 1.21% of their portfolio Greenwich, CT 134,281134.3k $17.0m $17.0m 1.21% New
32 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 133,885133.9k $17.0m $17.0m 0.01% Reduced -18.2k -18,156
33 Avalon Trust Co 1.44% of their portfolio SANTA FE, NM 125,723125.7k $16.0m $16.0m 1.44% Reduced -882 -882
34 CANADA LIFE ASSURANCE Co 0.04% of their portfolio WINNIPEG, A2 125,432125.4k $16.0m $16.0m 0.04% Reduced -2.3k -2,287
35 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 121,221121.2k $15.4m $15.4m 0.02% Reduced -709 -709
36 ALBION FINANCIAL GROUP /UT 1.34% of their portfolio SALT LAKE CITY, UT 120,427120.4k $15.3m $15.3m 1.34% Reduced -9.3k -9,287
37 Cerity Partners LLC 0.06% of their portfolio NEW YORK, NY 114,839114.8k $14.6m $14.6m 0.06% Added +7.4k +7,378
38 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 111,356111.4k $14.1m $14.1m 0.05% First filing
39 Williams Jones Wealth Management, LLC. 0.20% of their portfolio NEW YORK, NY 107,430107.4k $13.6m $13.6m 0.20% Reduced -1.2k -1,201
40 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 106,612106.6k $13.5m $13.5m 0.05% Reduced -3.3k -3,252
41 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 105,863105.9k $13.4m $13.4m 0.02% Reduced -101.6k -101,600
42 DAFNA Capital Management LLC 3.56% of their portfolio LOS ANGELES, CA 102,500102.5k $13.0m $13.0m 3.56% Unchanged
43 Corient Private Wealth LP 0.03% of their portfolio MIAMI, FL 90,13690.1k $11.4m $11.4m 0.03% Reduced -6.4k -6,447
44 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 89,36489.4k $11.3m $11.3m 0.01% Reduced -4.7k -4,697
45 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 85,80085.8k $10.9m $10.9m 0.06% Added +1.8k +1,790
46 Quintet Private Bank (Europe) S.A. 0.10% of their portfolio LUXEMBOURG, N4 83,97884.0k $2.2m $2.2m 0.10% Added +66.6k +66,605
47 MMBG INVESTMENT ADVISORS CO. 1.27% of their portfolio MIAMI, FL 83,02583.0k $10.5m $10.5m 1.27% Unchanged
48 BROWN ADVISORY INC 0.02% of their portfolio BALTIMORE, MD 79,54379.5k $10.1m $10.1m 0.02% Reduced -1.1k -1,136
49 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 79,52779.5k $10.1m $10.1m 0.05% Reduced -7.6k -7,614
50 PEAPACK GLADSTONE FINANCIAL CORP 0.18% of their portfolio BEDMINSTER, NJ 78,85578.9k $10.0m $10.0m 0.18% Reduced -2.1k -2,082
51 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 77,94777.9k $9.9m $9.9m 0.02% Reduced -3.2k -3,218
52 EP Wealth Advisors, LLC 0.02% of their portfolio TORRANCE, CA 75,82075.8k $1.2m $1.2m 0.02% Added +8.9k +8,892
53 King Wealth Management Group 1.93% of their portfolio SARATOGA SPRINGS, NY 75,33475.3k $9.6m $9.6m 1.93% Added +144 +144
54 INVESTMENT HOUSE LLC 0.69% of their portfolio REDONDO BEACH, CA 72,32472.3k $9.2m $9.2m 0.69% Reduced -21.5k -21,506
55 GYL Financial Synergies, LLC 0.83% of their portfolio West Hartford, CT 71,72571.7k $9.1m $9.1m 0.83% Reduced -1.0k -1,015
56 FACTORY MUTUAL INSURANCE CO 0.13% of their portfolio WALTHAM, MA 71,00071.0k $9.0m $9.0m 0.13% Unchanged
57 Beacon Pointe Advisors, LLC 0.15% of their portfolio NEWPORT BEACH, CA 70,42570.4k $8.9m $8.9m 0.15% Reduced -2.9k -2,948
58 Pacific Capital Wealth Advisors, Inc. 2.25% of their portfolio CORONA, CA 69,81669.8k $8.9m $8.9m 2.25% Reduced -1.3k -1,320
59 Crescent Grove Advisors, LLC 0.95% of their portfolio LAKE FOREST, IL 69,72569.7k $8.9m $8.9m 0.95% Reduced -2.9k -2,878
60 Johns Hopkins University 0.48% of their portfolio BALTIMORE, MD 68,13768.1k $8.7m $8.7m 0.48% Unchanged
61 Cetera Advisor Networks LLC 0.06% of their portfolio EL SEGUNDO, CA 67,35867.4k $8.6m $8.6m 0.06% Reduced -12.6k -12,618
62 FOLGER NOLAN FLEMING DOUGLAS CAPITAL MANAGEMENT, INC 0.93% of their portfolio WASHINGTON, DC 67,16767.2k $8.5m $8.5m 0.93% Added +928 +928
63 EVERGREEN CAPITAL MANAGEMENT LLC 0.35% of their portfolio Bellevue, WA 66,32366.3k $8.4m $8.4m 0.35% Added +901 +901
64 MAI Capital Management 0.12% of their portfolio INDEPENDENCE, OH 65,71365.7k $8.3m $8.3m 0.12% Reduced -2.2k -2,171
65 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 65,26865.3k $8.3m $8.3m 0.01% Reduced -14.6k -14,648
66 APPLETON PARTNERS INC/MA 0.69% of their portfolio BOSTON, MA 64,61864.6k $8.2m $8.2m 0.69% Added +2.3k +2,264
67 Aristides Capital LLC 4.79% of their portfolio LOUISVILLE, KY 63,77363.8k $8.1m $8.1m 4.79% New
68 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 62,78162.8k $8.0m $8.0m 0.01% Reduced -768 -768
69 McGuire Investment Group, LLC 1.47% of their portfolio WAKEFIELD, RI 62,13362.1k $7.9m $7.9m 1.47% Reduced -957 -957
70 Destiny Wealth Partners, LLC 1.55% of their portfolio TAVARES, FL 61,63761.6k $8.1m $8.1m 1.55% Added +3.0k +2,970
71 BlackRock Inc. 0.00% of their portfolio New York, NY 59,81459.8k $7.6m $7.6m 0.00% Unchanged
72 VALICENTI ADVISORY SERVICES INC 2.33% of their portfolio ELMIRA, NY 57,99758.0k $7.4m $7.4m 2.33% Reduced -575 -575
73 NTV Asset Management LLC 1.26% of their portfolio Charleston, WV 56,90456.9k $7.2m $7.2m 1.26% Reduced -974 -974
74 Atlantic Union Bankshares Corp 0.72% of their portfolio GLEN ALLEN, VA 56,74156.7k $7.2m $7.2m 0.72% Added +1.4k +1,370
75 MOTCO 0.47% of their portfolio SAN ANTONIO, TX 55,94855.9k $7.1m $7.1m 0.47% Added +1.4k +1,358
76 BOULDER HILL CAPITAL MANAGEMENT LP 13.63% of their portfolio NEW YORK, NY 55,75055.8k $7.1m $7.1m 13.63% Added +29.2k +29,200
77 Blume Capital Management, Inc. 2.04% of their portfolio BERKELEY, CA 54,41854.4k $6.9m $6.9m 2.04% Reduced -105 -105
78 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 53,82653.8k $6.8m $6.8m 0.03% Reduced -3.3k -3,348
79 GTS SECURITIES LLC 0.21% of their portfolio NEW YORK, NY 53,55353.6k $6.8m $6.8m 0.21% First filing
80 SP Asset Management LLC 0.73% of their portfolio CUPERTINO, CA 51,26251.3k $6.5m $6.5m 0.73% Added +2 +2
81 NWAM LLC 0.53% of their portfolio MERCER ISLAND, WA 50,84750.8k $6.5m $6.5m 0.53% Added +5.1k +5,101
82 Atria Wealth Solutions, Inc. 0.09% of their portfolio NEW YORK, NY 49,04149.0k $6.2m $6.2m 0.09% Reduced -2.0k -2,043
83 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 48,36348.4k $6.2m $6.2m 0.05% Added +1.7k +1,683
84 NEVILLE RODIE & SHAW INC 0.52% of their portfolio NEW YORK, NY 47,99648.0k $6.1m $6.1m 0.52% Unchanged
85 Alpha Cubed Investments, LLC 0.41% of their portfolio COSTA MESA, CA 47,91747.9k $6.1m $6.1m 0.41% Added +2.4k +2,365
86 Tradition Wealth Management, LLC 0.71% of their portfolio EDINA, MN 47,63347.6k $6.0m $6.0m 0.71% Added +1.5k +1,467
87 Colonial Trust Advisors 0.66% of their portfolio SPARTANBURG, SC 46,73346.7k $5.9m $5.9m 0.66% Reduced -996 -996
88 BANQUE PICTET & CIE SA 0.05% of their portfolio GENEVA 73, V8 46,33446.3k $5.9m $5.9m 0.05% Added +10.1k +10,051
89 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 45,96546.0k $5.8m $5.8m 0.02% Added +680 +680
90 First Interstate Bank 0.47% of their portfolio Billings, MT 45,18145.2k $5.7m $5.7m 0.47% Reduced -141 -141
91 Howard Capital Management Group, LLC 0.53% of their portfolio Los Angeles, CA 45,15045.1k $5.7m $5.7m 0.53% Reduced -356 -356
92 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 44,51244.5k $5.7m $5.7m 0.01% Added +7.7k +7,663
93 Michelson Medical Research Foundation, Inc. 3.92% of their portfolio Los Angeles, CA 43,39543.4k $5.5m $5.5m 3.92% Unchanged
94 Erste Asset Management GmbH 0.10% of their portfolio VIENNA, C4 43,17143.2k $5.4m $5.4m 0.10% Reduced -64 -64
95 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 42,61142.6k $5.4m $5.4m 0.01% Added +24.3k +24,324
96 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 41,24141.2k $5.4m $5.4m 0.00% Added +16.7k +16,665
97 Rye Brook Capital LLC 3.09% of their portfolio GREENWICH, CT 40,80040.8k $5.2m $5.2m 3.09% Added +700 +700
98 FORBES J M & CO LLP 0.64% of their portfolio Boston, MA 40,60740.6k $5.2m $5.2m 0.64% Reduced -19.0k -19,005
99 Associated Banc-Corp 0.19% of their portfolio Green Bay, WI 40,48440.5k $5.1m $5.1m 0.19% Reduced -724 -724
100 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 39,39539.4k $5.0m $5.0m 0.05% Reduced -5.0k -4,991