Vault-13

ISHARES TR IBB

ISHARES BIOTECH · ETP · CUSIP 464287556 · ISIN US4642875565

903 institutional holders +25 vs Q4 2023
46,170,81546.2m shares reported held*
$6.3bnreported value*
93 new 248 added 310 reduced 68 sold out net bought ≈ $735.8m (+5.8m 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 ($533.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $135.76. Options: 18 managers hold calls ($221.6m notional), 21 hold puts ($1.1bn).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 830Q4 22: 905Q1 23: 867Q2 23: 845Q3 23: 837Q4 23: 878Q1 24: 903903Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022830
Q4 2022905
Q1 2023867
Q2 2023845
Q3 2023837
Q4 2023878
Q1 2024903

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 23Q4 23: 260 bought or addedQ4 23: 451 cut or sold outQ4 23Q1 24: 341 bought or addedQ1 24: 378 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022341334
Q1 2023259434
Q2 2023247374
Q3 2023223399
Q4 2023260451
Q1 2024341378

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bnQ2 23 calls: $233.1mQ2 23 puts: $234.1mQ2 23P/C 1.00Q3 23 calls: $207.5mQ3 23 puts: $806.2mQ3 23P/C 3.89Q4 23 calls: $353.2mQ4 23 puts: $1.4bnQ4 23P/C 4.02Q1 24 calls: $221.6mQ1 24 puts: $1.1bnQ1 24P/C 4.82
Numbers
QuarterCallsPutsP/C
Q2 2023$233.1m$234.1m1.00
Q3 2023$207.5m$806.2m3.89
Q4 2023$353.2m$1.4bn4.02
Q1 2024$221.6m$1.1bn4.82

Biggest buyers

MORGAN STANLEY Added +2,970,566+3.0m
GOLDMAN SACHS GROUP INC Added +1,033,916+1.0m
Thrivent Financial for Lutherans Added +675,319+675.3k
Global Assets Advisory, LLC New +481,413+481.4k
BNP PARIBAS FINANCIAL MARKETS Added +419,903+419.9k
CITIGROUP INC Added +375,201+375.2k
TWO SIGMA INVESTMENTS, LP New +307,207+307.2k
TWO SIGMA ADVISERS, LP Added +296,400+296.4k
MILLENNIUM MANAGEMENT LLC Added +189,775+189.8k
ROYAL BANK OF CANADA Added +157,418+157.4k

Biggest sellers

JPMORGAN CHASE & CO Reduced -837,640-837.6k
BANK OF AMERICA CORP /DE/ Reduced -792,218-792.2k
Itau Unibanco Holding S.A. Sold out -215,095-215.1k
MBB PUBLIC MARKETS I LLC Reduced -137,473-137.5k
Baird Financial Group, Inc. Reduced -94,892-94.9k
LMR Partners LLP Sold out -76,593-76.6k
Paloma Partners Management Co Reduced -43,747-43.7k
Cetera Advisor Networks LLC Sold out -42,649-42.6k
Prime Capital Investment Advisors, LLC Reduced -33,675-33.7k
EVERGREEN CAPITAL MANAGEMENT LLC Reduced -26,474-26.5k

Biggest calls

CITADEL ADVISORS LLC Reduced $67.1m489.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $33.6m245.1k shares
Squarepoint Ops LLC Reduced $23.8m173.4k shares
Balyasny Asset Management L.P. Added $22.8m166.2k shares
NOMURA HOLDINGS INC Unchanged $14.8m108.0k shares
MILLENNIUM MANAGEMENT LLC Reduced $11.0m80.1k shares
Paloma Partners Management Co Added $10.8m78.4k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $9.5m69.1k shares
BARCLAYS PLC Reduced $9.4m68.2k shares
WELLS FARGO & COMPANY/MN New $4.1m30.0k shares

Biggest puts

FARALLON CAPITAL MANAGEMENT, L.L.C. Not comparable $480.3m3.5m shares
Elliott Investment Management L.P. Reduced $308.7m2.2m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $78.1m569.5k shares
CITADEL ADVISORS LLC Reduced $68.8m501.1k shares
Balyasny Asset Management L.P. Added $38.0m276.9k shares
BARCLAYS PLC Reduced $22.5m163.9k shares
NOMURA HOLDINGS INC Unchanged $14.8m108.0k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $12.4m90.1k shares
GTS SECURITIES LLC Reduced $11.0m80.1k shares
Squarepoint Ops LLC Added $10.9m79.7k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 8,113,6628.1m $1.1bn $1.1bn 0.03% Added +3.0m +2,970,566
2 BANK OF AMERICA CORP /DE/ 0.10% of their portfolio CHARLOTTE, NC 7,634,1407.6m $1.0bn $1.0bn 0.10% Reduced -792.2k -792,218
3 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 3,217,4503.2m $441.5m $441.5m 0.02% Reduced -837.6k -837,640
4 GOLDMAN SACHS GROUP INC 0.09% of their portfolio NEW YORK, NY 3,212,7653.2m $440.9m $440.9m 0.09% Added +1.0m +1,033,916
5 CITIGROUP INC 0.38% of their portfolio NEW YORK, NY 2,586,5492.6m $354.9m $354.9m 0.38% Added +375.2k +375,201
6 BNP PARIBAS FINANCIAL MARKETS 0.35% of their portfolio PARIS, I0 2,055,3732.1m $282.0m $282.0m 0.35% Added +419.9k +419,903
7 UBS Group AG 0.07% of their portfolio ZURICH, V8 1,436,0351.4m $197.1m $197.1m 0.07% Added +118.9k +118,886
8 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 1,317,0761.3m $180.7m $180.7m 0.04% Added +157.4k +157,418
9 COMMERCE BANK 0.66% of their portfolio KANSAS CITY, MO 722,026722.0k $99.1m $99.1m 0.66% Added +1.6k +1,588
10 Thrivent Financial for Lutherans 0.19% of their portfolio Minneapolis, MN 677,331677.3k $92.9m $92.9m 0.19% Added +675.3k +675,319
11 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 654,402654.4k $89.8m $89.8m 0.02% Reduced -10.0k -10,014
12 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 619,564619.6k $85.0m $85.0m 0.05% Added +149.8k +149,818
13 Main Management ETF Advisors, LLC 4.09% of their portfolio SAN FRANCISCO, CA 564,300564.3k $77.4m $77.4m 4.09% Added +18.8k +18,810
14 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.24% of their portfolio TORONTO, A6 499,000499.0k $68.5m $68.5m 0.24% Unchanged
15 Global Assets Advisory, LLC 0.14% of their portfolio ORLANDO, FL 481,413481.4k $3.5k $3.5k 0.14% New
16 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 384,653384.7k $52.8m $52.8m 0.04% Reduced -3.3k -3,278
17 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 354,233354.2k $48.6m $48.6m 0.04% Added +189.8k +189,775
18 TWO SIGMA ADVISERS, LP 0.10% of their portfolio NEW YORK, NY 322,999323.0k $44.3m $44.3m 0.10% Added +296.4k +296,400
19 TWO SIGMA INVESTMENTS, LP 0.10% of their portfolio NEW YORK, NY 307,207307.2k $42.2m $42.2m 0.10% New
20 Bank Julius Baer & Co. Ltd, Zurich 0.15% of their portfolio ZURICH, V8 286,760286.8k $39.3m $39.3m 0.15% Reduced -2.9k -2,937
21 Bronte Capital Management Pty Ltd. 3.24% of their portfolio Bondi Junction, C3 283,420283.4k $38.9m $38.9m 3.24% Added +1.9k +1,892
22 Johns Hopkins University 1.23% of their portfolio BALTIMORE, MD 229,632229.6k $31.5m $31.5m 1.23% Unchanged
23 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 198,709198.7k $27.3m $27.3m 0.05% Added +10.0k +10,033
24 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio BALA CYNWYD, PA 182,602182.6k $25.1m $25.1m 0.04% Added +134.8k +134,825
25 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 181,835181.8k $25.0m $25.0m 0.02% Added +9.1k +9,073
26 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 174,225174.2k $23.9m $23.9m 0.04% Added +20.5k +20,533
27 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 160,173160.2k $22.0m $22.0m 0.05% Added +13.8k +13,777
28 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 147,601147.6k $20.3m $20.3m 0.02% Added +9.7k +9,704
29 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 135,508135.5k $18.5m $18.5m 0.01% Added +25.6k +25,581
30 Gray Foundation 5.65% of their portfolio Cohoes, NY 131,693131.7k $18.1m $18.1m 5.65% Unchanged
31 ALBION FINANCIAL GROUP /UT 1.37% of their portfolio SALT LAKE CITY, UT 129,610129.6k $17.8m $17.8m 1.37% Added +233 +233
32 Avalon Trust Co 1.41% of their portfolio SANTA FE, NM 125,048125.0k $17.2m $17.2m 1.41% Reduced -60 -60
33 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 119,163119.2k $16.4m $16.4m 0.05% Added +5.8k +5,800
34 Squarepoint Ops LLC 0.07% of their portfolio NEW YORK, NY 116,534116.5k $16.0m $16.0m 0.07% Added +37.6k +37,613
35 CANADA LIFE ASSURANCE Co 0.03% of their portfolio WINNIPEG, A2 112,933112.9k $15.5m $15.5m 0.03% Reduced -1.7k -1,707
36 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 104,840104.8k $14.4m $14.4m 0.02% New
37 DAFNA Capital Management LLC 3.20% of their portfolio LOS ANGELES, CA 102,500102.5k $14.1m $14.1m 3.20% Unchanged
38 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 91,07891.1k $12.5m $12.5m 0.03% Added +79.5k +79,541
39 Miller Investment Management, LP 1.58% of their portfolio WEST CONSHOHOCKEN, PA 90,03190.0k $12.4m $12.4m 1.58% Reduced -91 -91
40 Balyasny Asset Management L.P. 0.03% of their portfolio Chicago, IL 89,63689.6k $12.3m $12.3m 0.03% Added +14.0k +14,005
41 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 89,57189.6k $12.3m $12.3m 0.02% Added +2.9k +2,871
42 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 87,44787.4k $12.0m $12.0m 0.02% Reduced -4.2k -4,196
43 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 84,22984.2k $11.6m $11.6m 0.04% Added +47 +47
44 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 83,16783.2k $11.4m $11.4m 0.03% Reduced -7.0k -6,962
45 CUMBERLAND ADVISORS INC 4.23% of their portfolio SARASOTA, FL 82,83882.8k $11.4m $11.4m 4.23% Reduced -4.1k -4,145
46 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 80,98981.0k $11.1m $11.1m 0.02% Reduced -94.9k -94,892
47 INVESTMENT HOUSE LLC 0.65% of their portfolio REDONDO BEACH, CA 80,67580.7k $11.1m $11.1m 0.65% Added +11.7k +11,729
48 MMBG INVESTMENT ADVISORS CO. 1.14% of their portfolio MIAMI, FL 78,55078.5k $10.8m $10.8m 1.14% Unchanged
49 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 77,75277.8k $10.7m $10.7m 0.01% Reduced -16.6k -16,582
50 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 75,16975.2k $10.3m $10.3m 0.01% New
51 PEAPACK GLADSTONE FINANCIAL CORP 0.16% of their portfolio BEDMINSTER, NJ 74,59174.6k $10.2m $10.2m 0.16% Reduced -2.2k -2,248
52 Gateway Advisory, LLC 1.79% of their portfolio WESTFIELD, NJ 74,49074.5k $10.2m $10.2m 1.79% Added +2.1k +2,139
53 APPLETON PARTNERS INC/MA 0.78% of their portfolio BOSTON, MA 72,93272.9k $10.0m $10.0m 0.78% Added +870 +870
54 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 71,68471.7k $9.8m $9.8m 0.01% Added +44.7k +44,682
55 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 71,00971.0k $9.7m $9.7m 0.04% Added +2.4k +2,425
56 FACTORY MUTUAL INSURANCE CO 0.11% of their portfolio WALTHAM, MA 71,00071.0k $9.7m $9.7m 0.11% Unchanged
57 GYL Financial Synergies, LLC 0.74% of their portfolio West Hartford, CT 69,06969.1k $9.5m $9.5m 0.74% Reduced -380 -380
58 McGuire Investment Group, LLC 1.35% of their portfolio WAKEFIELD, RI 67,48967.5k $9.3m $9.3m 1.35% Added +541 +541
59 RAELIPSKIE PARTNERSHIP 5.27% of their portfolio WATERLOO, A6 67,37267.4k $9.2m $9.2m 5.27% Added +1.7k +1,729
60 Destiny Wealth Partners, LLC 1.64% of their portfolio TAVARES, FL 66,87166.9k $9.2m $9.2m 1.64% Added +1.0k +1,041
61 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 66,79366.8k $9.2m $9.2m 0.00% Added +9.1k +9,067
62 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 65,99766.0k $9.1m $9.1m 0.01% Added +1.1k +1,063
63 FOLGER NOLAN FLEMING DOUGLAS CAPITAL MANAGEMENT, INC 0.92% of their portfolio WASHINGTON, DC 65,67765.7k $9.0m $9.0m 0.92% Added +291 +291
64 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 61,31661.3k $8.4m $8.4m 0.03% Added +8.3k +8,337
65 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 59,44059.4k $8.2m $8.2m 0.02% Reduced -327 -327
66 Williams Jones Wealth Management, LLC. 0.10% of their portfolio NEW YORK, NY 59,22959.2k $8.1m $8.1m 0.10% Reduced -11.1k -11,073
67 MAI Capital Management 0.08% of their portfolio INDEPENDENCE, OH 56,63956.6k $7.8m $7.8m 0.08% Reduced -924 -924
68 Calamos Advisors LLC 0.04% of their portfolio NAPERVILLE, IL 56,29556.3k $7.7m $7.7m 0.04% Unchanged
69 SP Asset Management LLC 0.71% of their portfolio CUPERTINO, CA 55,56755.6k $7.6m $7.6m 0.71% Reduced -280 -280
70 NTV Asset Management LLC 1.12% of their portfolio Charleston, WV 53,60653.6k $7.4m $7.4m 1.12% Added +610 +610
71 Blume Capital Management, Inc. 1.75% of their portfolio BERKELEY, CA 52,40452.4k $7.2m $7.2m 1.75% Reduced -382 -382
72 Tradition Wealth Management, LLC 0.72% of their portfolio EDINA, MN 51,78451.8k $7.1m $7.1m 0.72% Reduced -1.0k -1,016
73 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 50,74750.7k $7.0m $7.0m 0.02% Added +5.6k +5,608
74 Pacific Capital Wealth Advisors, Inc. 1.63% of their portfolio CORONA, CA 50,47450.5k $6.9m $6.9m 1.63% Reduced -1.3k -1,270
75 STATE OF MICHIGAN RETIREMENT SYSTEM 0.04% of their portfolio EAST LANSING, MI 50,00050.0k $6.9m $6.9m 0.04% New
76 Mariner, LLC 0.01% of their portfolio Overland Park, KS 49,24349.2k $6.8m $6.8m 0.01% Added +14.3k +14,344
77 Beacon Pointe Advisors, LLC 0.08% of their portfolio NEWPORT BEACH, CA 49,12349.1k $6.7m $6.7m 0.08% Reduced -10.7k -10,655
78 GTS SECURITIES LLC 0.18% of their portfolio NEW YORK, NY 49,05249.1k $6.7m $6.7m 0.18% Reduced -1.1k -1,133
79 Crescent Grove Advisors, LLC 0.68% of their portfolio LAKE FOREST, IL 47,71047.7k $6.5m $6.5m 0.68% Reduced -4.5k -4,528
80 NEVILLE RODIE & SHAW INC 0.49% of their portfolio NEW YORK, NY 47,11347.1k $6.5m $6.5m 0.49% Reduced -525 -525
81 Riggs Asset Managment Co. Inc. 1.87% of their portfolio DALLAS, PA 46,77846.8k $6.4m $6.4m 1.87% New
82 HRT FINANCIAL LP 0.04% of their portfolio NEW YORK, NY 46,58846.6k $6.4m $6.4m 0.04% New
83 BOULDER HILL CAPITAL MANAGEMENT LP 2.51% of their portfolio NEW YORK, NY 44,45044.5k $6.1m $6.1m 2.51% Added +30.2k +30,200
84 Howard Capital Management Group, LLC 0.47% of their portfolio Los Angeles, CA 44,18244.2k $6.1m $6.1m 0.47% Reduced -269 -269
85 Colonial Trust Advisors 0.60% of their portfolio SPARTANBURG, SC 43,88643.9k $6.0m $6.0m 0.60% Reduced -708 -708
86 Aberdeen Group plc 0.01% of their portfolio EDINBURGH, X0 43,63443.6k $6.0m $6.0m 0.01% Unchanged
87 Michelson Medical Research Foundation, Inc. 3.61% of their portfolio Los Angeles, CA 43,39543.4k $6.0m $6.0m 3.61% Unchanged
88 Associated Banc-Corp 0.18% of their portfolio Green Bay, WI 41,43241.4k $5.7m $5.7m 0.18% Added +777 +777
89 First Interstate Bank 0.39% of their portfolio Billings, MT 41,10841.1k $5.6m $5.6m 0.39% Reduced -1.3k -1,320
90 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 40,92440.9k $5.6m $5.6m 0.01% Added +1.9k +1,900
91 FORBES J M & CO LLP 0.60% of their portfolio Boston, MA 40,60340.6k $5.6m $5.6m 0.60% Reduced -956 -956
92 HARBOUR INVESTMENT MANAGEMENT LLC 2.61% of their portfolio EDMONDS, WA 40,59540.6k $5.6m $5.6m 2.61% Added +175 +175
93 Rye Brook Capital LLC 3.25% of their portfolio GREENWICH, CT 40,40040.4k $5.5m $5.5m 3.25% Added +400 +400
94 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 39,96740.0k $5.5m $5.5m 0.01% Added +2.5k +2,523
95 Lido Advisors, LLC 0.05% of their portfolio Los Angeles, CA 39,45239.5k $5.4m $5.4m 0.05% Added +968 +968
96 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 38,23638.2k $5.2m $5.2m 0.04% Reduced -5.8k -5,753
97 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 37,67937.7k $5.2m $5.2m 0.03% Reduced -260 -260
98 FRG Family Wealth Advisors LLC 0.94% of their portfolio BELLEVUE, WA 37,60537.6k $4.8m $4.8m 0.94% Reduced -375 -375
99 OPPENHEIMER & CO INC 0.08% of their portfolio NEW YORK, NY 35,74735.7k $4.9m $4.9m 0.08% Added +2.5k +2,532
100 EVERGREEN CAPITAL MANAGEMENT LLC 0.18% of their portfolio Bellevue, WA 35,60235.6k $4.9m $4.9m 0.18% Reduced -26.5k -26,474