Vault-13

ISHARES TR IBB

ISHARES BIOTECH · ETP · CUSIP 464287556 · ISIN US4642875565

837 institutional holders -8 vs Q2 2023
38,528,84238.5m shares reported held*
$4.7bnreported value*
57 new 166 added 339 reduced 60 sold out net sold ≈ $215.8m (-1.9m 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 ($1.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $122.29. Options: 13 managers hold calls ($207.5m notional), 16 hold puts ($806.2m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 830Q4 22: 905Q1 23: 867Q2 23: 845Q3 23: 837837Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022830
Q4 2022905
Q1 2023867
Q2 2023845
Q3 2023837

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 23Q3 23: 223 bought or addedQ3 23: 399 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022341334
Q1 2023259434
Q2 2023247374
Q3 2023223399

Calls vs puts

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

CallsPuts
$0$250m$500m$750m$1bnQ4 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 1.00Q3 23 calls: $207.5mQ3 23 puts: $806.2mQ3 23P/C 3.89
Numbers
QuarterCallsPutsP/C
Q4 2022$325.4m$511.1m1.57
Q1 2023$300.2m$354.1m1.18
Q2 2023$233.1m$234.1m1.00
Q3 2023$207.5m$806.2m3.89

Biggest buyers

GOLDMAN SACHS GROUP INC Added +1,311,490+1.3m
Itau Unibanco Holding S.A. New +394,485+394.5k
Thrivent Financial for Lutherans Added +305,289+305.3k
Tower Research Capital LLC (TRC) Added +98,203+98.2k
CAPITAL FUND MANAGEMENT S.A. New +61,101+61.1k
CUMBERLAND ADVISORS INC New +51,490+51.5k
MYDA Advisors LLC New +47,000+47.0k
CITADEL ADVISORS LLC Added +39,041+39.0k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC New +39,031+39.0k
Ausdal Financial Partners, Inc. New +35,271+35.3k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -1,483,329-1.5m
ExodusPoint Capital Management, LP Sold out -246,417-246.4k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Reduced -210,000-210.0k
Ergoteles LLC Reduced -202,212-202.2k
JPMORGAN CHASE & CO Reduced -195,131-195.1k
TWO SIGMA ADVISERS, LP Reduced -183,100-183.1k
TWO SIGMA INVESTMENTS, LP Sold out -136,807-136.8k
MANGROVE PARTNERS IM, LLC Sold out -134,281-134.3k
UBS Group AG Reduced -120,951-121.0k
BARCLAYS PLC Reduced -114,105-114.1k

Biggest calls

Jefferies Financial Group Inc. Added $45.5m371.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $45.0m367.6k shares
CITADEL ADVISORS LLC Reduced $42.9m351.1k shares
Squarepoint Ops LLC Reduced $27.3m223.2k shares
Balyasny Asset Management L.P. New $18.3m150.0k shares
BARCLAYS PLC Reduced $11.1m90.6k shares
Walleye Trading LLC Added $6.9m56.1k shares
MILLENNIUM MANAGEMENT LLC Added $5.0m40.7k shares
GOLDMAN SACHS GROUP INC Unchanged $2.4m20.0k shares
GTS SECURITIES LLC New $1.7m14.2k shares

Biggest puts

Elliott Investment Management L.P. Added $564.7m4.6m shares
MILLENNIUM MANAGEMENT LLC Added $49.9m407.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $47.7m390.4k shares
Balyasny Asset Management L.P. New $38.8m317.0k shares
UBS Group AG Added $24.2m198.1k shares
CITADEL ADVISORS LLC Reduced $23.9m195.1k shares
Jefferies Financial Group Inc. Reduced $23.3m190.2k shares
GTS SECURITIES LLC New $12.0m98.0k shares
Eversept Partners, LP New $8.6m70.3k shares
Squarepoint Ops LLC Added $8.2m66.9k 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.15% of their portfolio CHARLOTTE, NC 9,679,4139.7m $1.2bn $1.2bn 0.15% Reduced -1.5m -1,483,329
2 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 2,932,0482.9m $358.6m $358.6m 0.04% Reduced -20.9k -20,865
3 GOLDMAN SACHS GROUP INC 0.08% of their portfolio NEW YORK, NY 2,421,4842.4m $296.1m $296.1m 0.08% Added +1.3m +1,311,490
4 CITIGROUP INC 0.41% of their portfolio NEW YORK, NY 2,329,0772.3m $284.8m $284.8m 0.41% Reduced -25.8k -25,805
5 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 1,842,8251.8m $225.4m $225.4m 0.03% Reduced -195.1k -195,131
6 UBS Group AG 0.08% of their portfolio ZURICH, V8 1,420,5831.4m $173.7m $173.7m 0.08% Reduced -121.0k -120,951
7 BNP PARIBAS FINANCIAL MARKETS 0.39% of their portfolio PARIS, I0 1,417,8171.4m $173.4m $173.4m 0.39% Reduced -59.2k -59,234
8 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 1,202,1571.2m $147.0m $147.0m 0.04% Reduced -96.8k -96,775
9 COMMERCE BANK 0.70% of their portfolio KANSAS CITY, MO 723,513723.5k $88.5m $88.5m 0.70% Added +3.2k +3,205
10 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 673,326673.3k $82.3m $82.3m 0.03% Reduced -18.0k -18,042
11 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 526,711526.7k $64.4m $64.4m 0.05% Reduced -14.4k -14,442
12 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.28% of their portfolio TORONTO, A6 499,000499.0k $61.0m $61.0m 0.28% Reduced -210.0k -210,000
13 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 416,766416.8k $51.0m $51.0m 0.04% Reduced -13.4k -13,376
14 Itau Unibanco Holding S.A. 2.15% of their portfolio SAO PAULO, D5 394,485394.5k $48.2m $48.2m 2.15% New
15 Thrivent Financial for Lutherans 0.10% of their portfolio Minneapolis, MN 327,613327.6k $40.1m $40.1m 0.10% Added +305.3k +305,289
16 Composition Wealth, LLC 1.23% of their portfolio LOS ANGELES, CA 325,333325.3k $39.8m $39.8m 1.23% Added +1.4k +1,399
17 Bank Julius Baer & Co. Ltd, Zurich 0.21% of their portfolio ZURICH, V8 293,097293.1k $35.8m $35.8m 0.21% Added +10.5k +10,542
18 Bronte Capital Management Pty Ltd. 3.49% of their portfolio Bondi Junction, C3 283,229283.2k $34.6m $34.6m 3.49% Reduced -44.6k -44,584
19 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 274,405274.4k $33.6m $33.6m 0.03% Reduced -106.6k -106,575
20 MBB PUBLIC MARKETS I LLC 2.00% of their portfolio CHICAGO, IL 243,393243.4k $29.8m $29.8m 2.00% Unchanged
21 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 215,522215.5k $26.4m $26.4m 0.04% Reduced -11.2k -11,192
22 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 207,936207.9k $25.4m $25.4m 0.04% Added +34.1k +34,089
23 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 206,092206.1k $25.2m $25.2m 0.05% Reduced -12.1k -12,096
24 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 188,494188.5k $23.1m $23.1m 0.02% Reduced -3.8k -3,808
25 Baird Financial Group, Inc. 0.06% of their portfolio MILWAUKEE, WI 182,472182.5k $22.3m $22.3m 0.06% Reduced -5.2k -5,204
26 TWO SIGMA ADVISERS, LP 0.04% of their portfolio NEW YORK, NY 143,399143.4k $17.5m $17.5m 0.04% Reduced -183.1k -183,100
27 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 141,081141.1k $17.3m $17.3m 0.03% Reduced -1.1k -1,089
28 ALBION FINANCIAL GROUP /UT 1.44% of their portfolio SALT LAKE CITY, UT 127,802127.8k $15.6m $15.6m 1.44% Added +7.4k +7,375
29 Avalon Trust Co 1.52% of their portfolio SANTA FE, NM 125,586125.6k $15.4m $15.4m 1.52% Reduced -137 -137
30 CANADA LIFE ASSURANCE Co 0.04% of their portfolio WINNIPEG, A2 123,568123.6k $15.1m $15.1m 0.04% Reduced -1.9k -1,864
31 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 123,440123.4k $15.1m $15.1m 0.02% Added +2.2k +2,219
32 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 119,443119.4k $14.6m $14.6m 0.00% Reduced -26.3k -26,345
33 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 113,826113.8k $13.9m $13.9m 0.05% Added +2.5k +2,470
34 J.P. Morgan Private Wealth Advisors LLC 0.04% of their portfolio SAN FRANCISCO, CA 112,738112.7k $13.8m $13.8m 0.04% Reduced -39.5k -39,521
35 DAFNA Capital Management LLC 3.90% of their portfolio LOS ANGELES, CA 102,500102.5k $12.5m $12.5m 3.90% Unchanged
36 Williams Jones Wealth Management, LLC. 0.19% of their portfolio NEW YORK, NY 99,31299.3k $12.1m $12.1m 0.19% Reduced -8.1k -8,118
37 Tower Research Capital LLC (TRC) 0.38% of their portfolio NEW YORK, NY 98,55298.6k $12.1m $12.1m 0.38% Added +98.2k +98,203
38 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 97,75397.8k $12.0m $12.0m 0.04% Reduced -8.9k -8,859
39 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 87,68987.7k $10.7m $10.7m 0.05% Added +8.2k +8,162
40 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 85,85985.9k $10.5m $10.5m 0.02% Reduced -4.3k -4,277
41 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 83,92083.9k $10.3m $10.3m 0.02% Reduced -21.9k -21,943
42 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 81,86881.9k $10.0m $10.0m 0.06% Reduced -3.9k -3,932
43 MMBG INVESTMENT ADVISORS CO. 1.20% of their portfolio MIAMI, FL 78,05578.1k $9.5m $9.5m 1.20% Reduced -5.0k -4,970
44 PEAPACK GLADSTONE FINANCIAL CORP 0.18% of their portfolio BEDMINSTER, NJ 77,81377.8k $9.5m $9.5m 0.18% Reduced -1.0k -1,042
45 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 76,74376.7k $9.3m $9.3m 0.02% Reduced -1.2k -1,204
46 BROWN ADVISORY INC 0.02% of their portfolio BALTIMORE, MD 76,68376.7k $9.4m $9.4m 0.02% Reduced -2.9k -2,860
47 INVESTMENT HOUSE LLC 0.68% of their portfolio REDONDO BEACH, CA 71,08471.1k $8.7m $8.7m 0.68% Reduced -1.2k -1,240
48 FACTORY MUTUAL INSURANCE CO 0.12% of their portfolio WALTHAM, MA 71,00071.0k $8.7m $8.7m 0.12% Unchanged
49 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 70,95771.0k $8.7m $8.7m 0.00% Reduced -18.4k -18,407
50 GYL Financial Synergies, LLC 0.84% of their portfolio West Hartford, CT 70,85270.9k $8.7m $8.7m 0.84% Reduced -873 -873
51 APPLETON PARTNERS INC/MA 0.76% of their portfolio BOSTON, MA 69,92669.9k $8.6m $8.6m 0.76% Added +5.3k +5,308
52 Johns Hopkins University 0.46% of their portfolio BALTIMORE, MD 68,13768.1k $8.3m $8.3m 0.46% Unchanged
53 FOLGER NOLAN FLEMING DOUGLAS CAPITAL MANAGEMENT, INC 0.97% of their portfolio WASHINGTON, DC 67,83067.8k $8.3m $8.3m 0.97% Added +663 +663
54 EVERGREEN CAPITAL MANAGEMENT LLC 0.36% of their portfolio Bellevue, WA 66,97467.0k $8.2m $8.2m 0.36% Added +651 +651
55 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 66,07166.1k $8.1m $8.1m 0.01% Added +3.3k +3,290
56 King Wealth Management Group 1.69% of their portfolio SARATOGA SPRINGS, NY 65,64565.6k $8.0m $8.0m 1.69% Reduced -9.7k -9,689
57 MAI Capital Management 0.12% of their portfolio INDEPENDENCE, OH 64,24264.2k $7.9m $7.9m 0.12% Reduced -1.5k -1,471
58 Pacific Capital Wealth Advisors, Inc. 2.18% of their portfolio CORONA, CA 63,69563.7k $7.8m $7.8m 2.18% Reduced -6.1k -6,121
59 McGuire Investment Group, LLC 1.50% of their portfolio WAKEFIELD, RI 63,62263.6k $7.8m $7.8m 1.50% Added +1.5k +1,489
60 Cetera Advisor Networks LLC 0.05% of their portfolio EL SEGUNDO, CA 63,06963.1k $7.7m $7.7m 0.05% Reduced -4.3k -4,289
61 Destiny Wealth Partners, LLC 1.54% of their portfolio TAVARES, FL 62,57062.6k $7.7m $7.7m 1.54% Added +933 +933
62 Beacon Pointe Advisors, LLC 0.09% of their portfolio NEWPORT BEACH, CA 62,09862.1k $7.6m $7.6m 0.09% Reduced -8.3k -8,327
63 CAPITAL FUND MANAGEMENT S.A. 0.10% of their portfolio PARIS, I0 61,10161.1k $7.5m $7.5m 0.10% New
64 Crescent Grove Advisors, LLC 0.88% of their portfolio LAKE FOREST, IL 57,92157.9k $7.1m $7.1m 0.88% Reduced -11.8k -11,804
65 BOULDER HILL CAPITAL MANAGEMENT LP 4.35% of their portfolio NEW YORK, NY 57,25057.2k $7.0m $7.0m 4.35% Added +1.5k +1,500
66 MOTCO 0.47% of their portfolio SAN ANTONIO, TX 56,48556.5k $6.9m $6.9m 0.47% Added +537 +537
67 NTV Asset Management LLC 1.23% of their portfolio Charleston, WV 55,40055.4k $6.8m $6.8m 1.23% Reduced -1.5k -1,504
68 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 55,37855.4k $6.8m $6.8m 0.03% Added +1.6k +1,552
69 Blume Capital Management, Inc. 1.95% of their portfolio BERKELEY, CA 53,55153.6k $6.5m $6.5m 1.95% Reduced -867 -867
70 VALICENTI ADVISORY SERVICES INC 2.20% of their portfolio ELMIRA, NY 52,59752.6k $6.4m $6.4m 2.20% Reduced -5.4k -5,400
71 CUMBERLAND ADVISORS INC 2.79% of their portfolio SARASOTA, FL 51,49051.5k $6.3m $6.3m 2.79% New
72 SP Asset Management LLC 0.70% of their portfolio CUPERTINO, CA 51,03651.0k $6.2m $6.2m 0.70% Reduced -226 -226
73 Atlantic Union Bankshares Corp 0.64% of their portfolio GLEN ALLEN, VA 50,68350.7k $6.2m $6.2m 0.64% Reduced -6.1k -6,058
74 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 50,65750.7k $6.2m $6.2m 0.06% Added +2.3k +2,294
75 GTS SECURITIES LLC 0.13% of their portfolio NEW YORK, NY 50,45250.5k $6.2m $6.2m 0.13% Reduced -3.1k -3,101
76 Tradition Wealth Management, LLC 0.72% of their portfolio EDINA, MN 49,26349.3k $6.0m $6.0m 0.72% Added +1.6k +1,630
77 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 47,66047.7k $5.8m $5.8m 0.03% Reduced -67.2k -67,179
78 NEVILLE RODIE & SHAW INC 0.52% of their portfolio NEW YORK, NY 47,63947.6k $5.8m $5.8m 0.52% Reduced -357 -357
79 MYDA Advisors LLC 2.15% of their portfolio WOODMERE, NY 47,00047.0k $5.7m $5.7m 2.15% New
80 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 46,20846.2k $5.7m $5.7m 0.01% Added +39.0k +39,041
81 Colonial Trust Advisors 0.65% of their portfolio SPARTANBURG, SC 46,18446.2k $5.6m $5.6m 0.65% Reduced -549 -549
82 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 45,74745.7k $5.6m $5.6m 0.02% Reduced -218 -218
83 BANQUE PICTET & CIE SA 0.07% of their portfolio GENEVA 73, V8 45,33945.3k $5.5m $5.5m 0.07% Reduced -995 -995
84 Howard Capital Management Group, LLC 0.53% of their portfolio Los Angeles, CA 45,02145.0k $5.5m $5.5m 0.53% Reduced -129 -129
85 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 44,30544.3k $5.4m $5.4m 0.01% Reduced -207 -207
86 First Interstate Bank 0.46% of their portfolio Billings, MT 43,48743.5k $5.3m $5.3m 0.46% Reduced -1.7k -1,694
87 Michelson Medical Research Foundation, Inc. 3.58% of their portfolio Los Angeles, CA 43,39543.4k $5.3m $5.3m 3.58% Unchanged
88 Atria Wealth Solutions, Inc. 0.07% of their portfolio NEW YORK, NY 43,09643.1k $5.3m $5.3m 0.07% Reduced -5.9k -5,945
89 Associated Banc-Corp 0.20% of their portfolio Green Bay, WI 41,21941.2k $5.0m $5.0m 0.20% Added +735 +735
90 Rye Brook Capital LLC 3.66% of their portfolio GREENWICH, CT 40,90040.9k $5.0m $5.0m 3.66% Added +100 +100
91 FORBES J M & CO LLP 0.65% of their portfolio Boston, MA 40,86240.9k $5.0m $5.0m 0.65% Added +255 +255
92 HARBOUR INVESTMENT MANAGEMENT LLC 2.85% of their portfolio EDMONDS, WA 40,72040.7k $5.0m $5.0m 2.85% Added +1.6k +1,550
93 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 39,62939.6k $4.8m $4.8m 0.05% Added +234 +234
94 FWL INVESTMENT MANAGEMENT, LLC 3.24% of their portfolio Dallas, TX 39,50439.5k $4.8m $4.8m 3.24% Added +2.0k +1,996
95 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 39,03139.0k $4.8m $4.8m 0.02% New
96 FRG Family Wealth Advisors LLC 1.08% of their portfolio BELLEVUE, WA 38,99539.0k $4.8m $4.8m 1.08% Reduced -375 -375
97 Prime Capital Investment Advisors, LLC 0.10% of their portfolio OVERLAND PARK, KS 38,89038.9k $4.8m $4.8m 0.10% Added +22.4k +22,374
98 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 38,12238.1k $4.7m $4.7m 0.01% Reduced -27.1k -27,146
99 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 37,41737.4k $4.6m $4.6m 0.01% Added +18.1k +18,068
100 Lido Advisors, LLC 0.05% of their portfolio Los Angeles, CA 37,14437.1k $4.5m $4.5m 0.05% Added +1.8k +1,769