Vault-13

ISHARES TR IBB

ISHARES BIOTECH · ETP · CUSIP 464287556 · ISIN US4642875565

902 institutional holders -1 vs Q1 2024
40,584,77540.6m shares reported held*
$5.6bnreported value*
63 new 201 added 336 reduced 62 sold out net sold ≈ $704.2m (-5.6m 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 ($913.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $137.20. Options: 19 managers hold calls ($301.2m notional), 24 hold puts ($1.3bn).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 830Q4 22: 905Q1 23: 867Q2 23: 845Q3 23: 837Q4 23: 878Q1 24: 903Q2 24: 902902Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022830
Q4 2022905
Q1 2023867
Q2 2023845
Q3 2023837
Q4 2023878
Q1 2024903
Q2 2024902

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 outQ2 23: 247 bought or addedQ2 23: 374 cut or sold outQ2 23Q3 23: 223 bought or addedQ3 23: 399 cut or sold outQ4 23: 260 bought or addedQ4 23: 451 cut or sold outQ4 23Q1 24: 341 bought or addedQ1 24: 378 cut or sold outQ2 24: 264 bought or addedQ2 24: 398 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022341334
Q1 2023259434
Q2 2023247374
Q3 2023223399
Q4 2023260451
Q1 2024341378
Q2 2024264398

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bnQ3 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 4.82Q2 24 calls: $301.2mQ2 24 puts: $1.3bnQ2 24P/C 4.23
Numbers
QuarterCallsPutsP/C
Q3 2023$207.5m$806.2m3.89
Q4 2023$353.2m$1.4bn4.02
Q1 2024$221.6m$1.1bn4.82
Q2 2024$301.2m$1.3bn4.23

Biggest buyers

JANE STREET GROUP, LLC Added +879,388+879.4k
JPMORGAN CHASE & CO Added +797,814+797.8k
CITIGROUP INC Added +502,072+502.1k
CITADEL ADVISORS LLC Added +217,690+217.7k
Aristides Capital LLC New +133,760+133.8k
TWO SIGMA INVESTMENTS, LP Added +116,200+116.2k
Focus Partners Wealth Added +105,311+105.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +98,123+98.1k
STATE OF MICHIGAN RETIREMENT SYSTEM Added +75,000+75.0k
Raymond James Financial Services Advisors, Inc. Added +42,822+42.8k

Biggest sellers

MORGAN STANLEY Reduced -5,391,065-5.4m
Thrivent Financial for Lutherans Reduced -666,669-666.7k
UBS Group AG Reduced -530,425-530.4k
Global Assets Advisory, LLC Sold out -481,413-481.4k
MILLENNIUM MANAGEMENT LLC Reduced -288,930-288.9k
BNP PARIBAS FINANCIAL MARKETS Reduced -214,043-214.0k
Bank Julius Baer & Co. Ltd, Zurich Reduced -175,042-175.0k
Squarepoint Ops LLC Sold out -116,534-116.5k
BANK OF AMERICA CORP /DE/ Reduced -114,023-114.0k
Balyasny Asset Management L.P. Sold out -89,636-89.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $77.4m564.2k shares
BlackRock Inc. New $54.3m395.9k shares
CITADEL ADVISORS LLC Reduced $45.3m330.3k shares
Balyasny Asset Management L.P. Added $23.8m173.1k shares
Squarepoint Ops LLC Reduced $21.3m155.4k shares
BARCLAYS PLC Added $15.3m111.8k shares
CAPITAL FUND MANAGEMENT S.A. Added $10.2m74.1k shares
WOLVERINE TRADING, LLC New $9.9m72.4k shares
Paloma Partners Management Co Reduced $8.1m59.1k shares
MARSHALL WACE, LLP Added $7.8m56.6k shares

Biggest puts

FARALLON CAPITAL MANAGEMENT, L.L.C. Unchanged $480.4m3.5m shares
Elliott Investment Management L.P. Added $384.3m2.8m shares
CITADEL ADVISORS LLC Added $124.2m904.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $107.4m782.7k shares
BANK OF AMERICA CORP /DE/ New $54.3m395.6k shares
Balyasny Asset Management L.P. Reduced $34.3m250.0k shares
CAPITAL FUND MANAGEMENT S.A. Added $16.3m119.1k shares
WOLVERINE TRADING, LLC New $14.8m107.9k shares
GTS SECURITIES LLC Added $11.9m86.6k shares
Squarepoint Ops LLC Reduced $8.4m60.9k 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.10% of their portfolio CHARLOTTE, NC 7,520,1177.5m $1.0bn $1.0bn 0.10% Reduced -114.0k -114,023
2 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 4,015,2644.0m $551.1m $551.1m 0.02% Added +797.8k +797,814
3 GOLDMAN SACHS GROUP INC 0.08% of their portfolio NEW YORK, NY 3,153,8683.2m $432.9m $432.9m 0.08% Reduced -58.9k -58,897
4 CITIGROUP INC 0.41% of their portfolio NEW YORK, NY 3,088,6213.1m $423.9m $423.9m 0.41% Added +502.1k +502,072
5 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 2,722,5972.7m $373.7m $373.7m 0.03% Reduced -5.4m -5,391,065
6 BNP PARIBAS FINANCIAL MARKETS 0.27% of their portfolio PARIS, I0 1,841,3301.8m $252.7m $252.7m 0.27% Reduced -214.0k -214,043
7 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 1,277,5361.3m $175.4m $175.4m 0.04% Reduced -39.5k -39,540
8 JANE STREET GROUP, LLC 0.15% of their portfolio NEW YORK, NY 984,228984.2k $135.1m $135.1m 0.15% Added +879.4k +879,388
9 UBS Group AG 0.04% of their portfolio ZURICH, V8 905,610905.6k $124.3m $124.3m 0.04% Reduced -530.4k -530,425
10 COMMERCE BANK 0.65% of their portfolio KANSAS CITY, MO 730,445730.4k $100.3m $100.3m 0.65% Added +8.4k +8,419
11 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 694,081694.1k $95.3m $95.3m 0.02% Added +39.7k +39,679
12 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 613,287613.3k $84.2m $84.2m 0.04% Reduced -6.3k -6,277
13 Main Management ETF Advisors, LLC 3.97% of their portfolio SAN FRANCISCO, CA 578,835578.8k $79.5m $79.5m 3.97% Added +14.5k +14,535
14 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.20% of their portfolio TORONTO, A6 499,000499.0k $68.5m $68.5m 0.20% Unchanged
15 TWO SIGMA INVESTMENTS, LP 0.14% of their portfolio NEW YORK, NY 423,407423.4k $58.1m $58.1m 0.14% Added +116.2k +116,200
16 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 368,665368.7k $50.6m $50.6m 0.03% Reduced -16.0k -15,988
17 TWO SIGMA ADVISERS, LP 0.09% of their portfolio NEW YORK, NY 285,399285.4k $39.2m $39.2m 0.09% Reduced -37.6k -37,600
18 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.07% of their portfolio BALA CYNWYD, PA 280,725280.7k $38.5m $38.5m 0.07% Added +98.1k +98,123
19 Bronte Capital Management Pty Ltd. 2.93% of their portfolio Bondi Junction, C3 272,443272.4k $37.4m $37.4m 2.93% Reduced -11.0k -10,977
20 Johns Hopkins University 1.26% of their portfolio BALTIMORE, MD 229,449229.4k $31.5m $31.5m 1.26% Reduced -183 -183
21 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 217,695217.7k $29.9m $29.9m 0.03% Added +217.7k +217,690
22 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 217,047217.0k $29.8m $29.8m 0.04% Added +42.8k +42,822
23 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 189,766189.8k $26.0m $26.0m 0.02% Added +7.9k +7,931
24 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 189,744189.7k $26.0m $26.0m 0.04% Reduced -9.0k -8,965
25 Rockefeller Capital Management L.P. 0.06% of their portfolio NEW YORK, NY 155,654155.7k $21.4m $21.4m 0.06% Added +36.5k +36,491
26 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 150,237150.2k $20.6m $20.6m 0.01% Added +14.7k +14,729
27 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 145,976146.0k $20.0m $20.0m 0.02% Reduced -1.6k -1,625
28 Aristides Capital LLC 3.84% of their portfolio LOUISVILLE, KY 133,760133.8k $18.4m $18.4m 3.84% New
29 Gray Foundation 5.53% of their portfolio Cohoes, NY 131,693131.7k $18.1m $18.1m 5.53% Unchanged
30 ALBION FINANCIAL GROUP /UT 1.34% of their portfolio SALT LAKE CITY, UT 129,624129.6k $17.8m $17.8m 1.34% Added +14 +14
31 Avalon Trust Co 1.39% of their portfolio SANTA FE, NM 128,203128.2k $17.6m $17.6m 1.39% Added +3.2k +3,155
32 STATE OF MICHIGAN RETIREMENT SYSTEM 0.09% of their portfolio EAST LANSING, MI 125,000125.0k $17.2m $17.2m 0.09% Added +75.0k +75,000
33 Focus Partners Wealth 0.06% of their portfolio ST LOUIS, MO 124,056124.1k $17.5m $17.5m 0.06% Added +105.3k +105,311
34 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 118,329118.3k $16.2m $16.2m 0.04% Reduced -41.8k -41,844
35 Bank Julius Baer & Co. Ltd, Zurich 0.07% of their portfolio ZURICH, V8 111,718111.7k $17.1m $17.1m 0.07% Reduced -175.0k -175,042
36 CANADA LIFE ASSURANCE Co 0.03% of their portfolio WINNIPEG, A2 109,528109.5k $15.1m $15.1m 0.03% Reduced -3.4k -3,405
37 DAFNA Capital Management LLC 3.36% of their portfolio LOS ANGELES, CA 102,500102.5k $14.1m $14.1m 3.36% Unchanged
38 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 91,41991.4k $12.5m $12.5m 0.03% Added +341 +341
39 MAI Capital Management 0.12% of their portfolio INDEPENDENCE, OH 90,48390.5k $12.4m $12.4m 0.12% Added +33.8k +33,844
40 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 89,01789.0k $12.2m $12.2m 0.02% Reduced -554 -554
41 Miller Investment Management, LP 1.38% of their portfolio WEST CONSHOHOCKEN, PA 84,08484.1k $11.5m $11.5m 1.38% Reduced -5.9k -5,947
42 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 82,88482.9k $11.4m $11.4m 0.01% Added +5.1k +5,132
43 INVESTMENT HOUSE LLC 0.63% of their portfolio REDONDO BEACH, CA 80,73880.7k $11.1m $11.1m 0.63% Added +63 +63
44 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 80,63180.6k $11.1m $11.1m 0.02% Reduced -6.8k -6,816
45 CUMBERLAND ADVISORS INC 4.51% of their portfolio SARASOTA, FL 80,22380.2k $11.0m $11.0m 4.51% Reduced -2.6k -2,615
46 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 78,69178.7k $10.8m $10.8m 0.04% Reduced -5.5k -5,538
47 MMBG INVESTMENT ADVISORS CO. 1.16% of their portfolio MIAMI, FL 78,55078.5k $10.8m $10.8m 1.16% Unchanged
48 HRT FINANCIAL LP 0.06% of their portfolio NEW YORK, NY 77,66477.7k $10.7m $10.7m 0.06% Added +31.1k +31,076
49 Destiny Wealth Partners, LLC 1.89% of their portfolio TAVARES, FL 76,60076.6k $10.5m $10.5m 1.89% Added +9.7k +9,729
50 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 75,48375.5k $10.4m $10.4m 0.03% Reduced -7.7k -7,684
51 APPLETON PARTNERS INC/MA 0.78% of their portfolio BOSTON, MA 73,66773.7k $10.1m $10.1m 0.78% Added +735 +735
52 FACTORY MUTUAL INSURANCE CO 0.11% of their portfolio WALTHAM, MA 71,00071.0k $9.7m $9.7m 0.11% Unchanged
53 GYL Financial Synergies, LLC 0.74% of their portfolio West Hartford, CT 69,89469.9k $9.6m $9.6m 0.74% Added +825 +825
54 PEAPACK GLADSTONE FINANCIAL CORP 0.15% of their portfolio BEDMINSTER, NJ 69,46269.5k $9.5m $9.5m 0.15% Reduced -5.1k -5,129
55 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 67,90267.9k $9.3m $9.3m 0.01% Added +1.9k +1,905
56 RAELIPSKIE PARTNERSHIP 4.97% of their portfolio WATERLOO, A6 67,79767.8k $9.3m $9.3m 4.97% Added +425 +425
57 McGuire Investment Group, LLC 1.33% of their portfolio WAKEFIELD, RI 67,72167.7k $9.3m $9.3m 1.33% Added +232 +232
58 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 66,41266.4k $9.1m $9.1m 0.04% Reduced -4.6k -4,597
59 FOLGER NOLAN FLEMING DOUGLAS CAPITAL MANAGEMENT, INC 0.93% of their portfolio WASHINGTON, DC 66,35266.4k $9.1m $9.1m 0.93% Added +675 +675
60 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 65,30365.3k $9.0m $9.0m 0.01% Reduced -288.9k -288,930
61 Sanctuary Advisors, LLC 0.06% of their portfolio INDIANAPOLIS, IN 64,18064.2k $8.1m $8.1m 0.06% First filing
62 Pacific Capital Wealth Advisors, Inc. 1.61% of their portfolio CORONA, CA 64,10164.1k $8.8m $8.8m 1.61% Added +13.6k +13,627
63 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 62,65862.7k $8.6m $8.6m 0.00% Reduced -4.1k -4,135
64 Williams Jones Wealth Management, LLC. 0.10% of their portfolio NEW YORK, NY 57,98658.0k $8.0m $8.0m 0.10% Reduced -1.2k -1,243
65 Calamos Advisors LLC 0.04% of their portfolio NAPERVILLE, IL 56,29556.3k $7.7m $7.7m 0.04% Unchanged
66 GTS SECURITIES LLC 0.16% of their portfolio NEW YORK, NY 54,76954.8k $7.5m $7.5m 0.16% Added +5.7k +5,717
67 Tradition Wealth Management, LLC 0.72% of their portfolio EDINA, MN 54,05754.1k $7.4m $7.4m 0.72% Added +2.3k +2,273
68 NTV Asset Management LLC 1.05% of their portfolio Charleston, WV 53,28853.3k $7.3m $7.3m 1.05% Reduced -318 -318
69 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 53,27453.3k $7.3m $7.3m 0.02% Reduced -6.2k -6,166
70 SP Asset Management LLC 0.66% of their portfolio CUPERTINO, CA 52,94452.9k $7.3m $7.3m 0.66% Reduced -2.6k -2,623
71 Blume Capital Management, Inc. 1.73% of their portfolio BERKELEY, CA 52,20452.2k $7.2m $7.2m 1.73% Reduced -200 -200
72 Beacon Pointe Advisors, LLC 0.08% of their portfolio NEWPORT BEACH, CA 48,25648.3k $6.6m $6.6m 0.08% Reduced -867 -867
73 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 48,16648.2k $6.6m $6.6m 0.02% Reduced -13.2k -13,150
74 Sicart Associates LLC 2.50% of their portfolio NEW YORK, NY 47,47847.5k $6.5m $6.5m 2.50% Added +38.7k +38,698
75 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 47,14447.1k $6.5m $6.5m 0.02% Reduced -3.6k -3,603
76 NEVILLE RODIE & SHAW INC 0.49% of their portfolio NEW YORK, NY 46,85246.9k $6.4m $6.4m 0.49% Reduced -261 -261
77 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 45,26545.3k $6.0m $6.0m 0.03% Added +7.6k +7,586
78 Howard Capital Management Group, LLC 0.44% of their portfolio Los Angeles, CA 43,76743.8k $6.0m $6.0m 0.44% Reduced -415 -415
79 Crescent Grove Advisors, LLC 0.65% of their portfolio LAKE FOREST, IL 43,54943.5k $6.0m $6.0m 0.65% Reduced -4.2k -4,161
80 Michelson Medical Research Foundation, Inc. 5.12% of their portfolio Los Angeles, CA 43,39543.4k $6.0m $6.0m 5.12% Unchanged
81 Colonial Trust Advisors 0.56% of their portfolio SPARTANBURG, SC 42,71842.7k $5.9m $5.9m 0.56% Reduced -1.2k -1,168
82 Associated Banc-Corp 0.18% of their portfolio Green Bay, WI 42,55142.6k $5.8m $5.8m 0.18% Added +1.1k +1,119
83 HARBOUR INVESTMENT MANAGEMENT LLC 2.69% of their portfolio EDMONDS, WA 42,35542.4k $5.8m $5.8m 2.69% Added +1.8k +1,760
84 FORBES J M & CO LLP 0.58% of their portfolio Boston, MA 41,38741.4k $5.7m $5.7m 0.58% Added +784 +784
85 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 41,09141.1k $5.6m $5.6m 0.00% Added +39.2k +39,155
86 First Interstate Bank 0.37% of their portfolio Billings, MT 40,53140.5k $5.6m $5.6m 0.37% Reduced -577 -577
87 Lido Advisors, LLC 0.05% of their portfolio Los Angeles, CA 40,35940.4k $5.5m $5.5m 0.05% Added +907 +907
88 Family Firm, Inc. 0.35% of their portfolio BETHESDA, MD 37,82237.8k $1.6m $1.6m 0.35% Added +26.4k +26,392
89 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 37,63237.6k $5.2m $5.2m 0.01% Reduced -3.3k -3,292
90 FRG Family Wealth Advisors LLC 1.01% of their portfolio BELLEVUE, WA 37,09537.1k $5.2m $5.2m 1.01% Reduced -510 -510
91 Paloma Partners Management Co 0.44% of their portfolio GREENWICH, CT 36,96837.0k $5.1m $5.1m 0.44% Added +23.8k +23,757
92 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 36,19836.2k $5.1m $5.1m 0.00% Added +920 +920
93 OPPENHEIMER & CO INC 0.08% of their portfolio NEW YORK, NY 35,42635.4k $4.9m $4.9m 0.08% Reduced -321 -321
94 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 35,35935.4k $4.9m $4.9m 0.01% Reduced -36.3k -36,325
95 TOTH FINANCIAL ADVISORY CORP 0.61% of their portfolio LEESBURG, VA 35,14735.1k $4.8m $4.8m 0.61% Reduced -286 -286
96 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 35,06235.1k $4.8m $4.8m 0.01% Reduced -4.9k -4,905
97 SOL Capital Management CO 0.58% of their portfolio ROCKVILLE, MD 34,97535.0k $4.8m $4.8m 0.58% Added +5.8k +5,772
98 EVERGREEN CAPITAL MANAGEMENT LLC 0.17% of their portfolio Bellevue, WA 34,73434.7k $4.8m $4.8m 0.17% Reduced -868 -868
99 Alpha Family Trust 2.78% of their portfolio Los Angeles, CA 34,60834.6k $4.8m $4.8m 2.78% Unchanged
100 Analyst IMS Investment Management Services Ltd. 0.19% of their portfolio Tel-aviv, L3 33,75833.8k $4.6m $4.6m 0.19% Unchanged