Vault-13

ISHARES TR IBB

ISHARES BIOTECH · ETP · CUSIP 464287556 · ISIN US4642875565

880 institutional holders -18 vs Q3 2024
34,884,18234.9m shares reported held*
$4.6bnreported value*
68 new 212 added 324 reduced 113 sold out net sold ≈ $160.6m (-1.2m 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 ($205.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $132.16. Options: 18 managers hold calls ($424.4m notional), 24 hold puts ($828.6m).

Trends to Q4 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: 902Q3 24: 898Q4 24: 880880Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022830
Q4 2022905
Q1 2023867
Q2 2023845
Q3 2023837
Q4 2023878
Q1 2024903
Q2 2024902
Q3 2024898
Q4 2024880

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q1 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 24Q3 24: 310 bought or addedQ3 24: 396 cut or sold outQ4 24: 280 bought or addedQ4 24: 437 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023259434
Q2 2023247374
Q3 2023223399
Q4 2023260451
Q1 2024341378
Q2 2024264398
Q3 2024310396
Q4 2024280437

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bnQ1 24 calls: $221.6mQ1 24 puts: $1.1bnQ1 24P/C 4.82Q2 24 calls: $301.2mQ2 24 puts: $1.3bnQ2 24P/C 4.23Q3 24 calls: $496.2mQ3 24 puts: $810.4mQ3 24P/C 1.63Q4 24 calls: $424.4mQ4 24 puts: $828.6mQ4 24P/C 1.95
Numbers
QuarterCallsPutsP/C
Q1 2024$221.6m$1.1bn4.82
Q2 2024$301.2m$1.3bn4.23
Q3 2024$496.2m$810.4m1.63
Q4 2024$424.4m$828.6m1.95

Biggest buyers

JANE STREET GROUP, LLC Added +518,931+518.9k
BANK OF AMERICA CORP /DE/ Added +336,854+336.9k
BARCLAYS PLC Added +321,632+321.6k
MORGAN STANLEY Added +316,150+316.1k
UBS Group AG Added +223,227+223.2k
Focus Partners Wealth Added +201,197+201.2k
Aprio Wealth Management, LLC New +139,747+139.7k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Added +137,000+137.0k
CAPITAL FUND MANAGEMENT S.A. New +117,274+117.3k
MIRAE ASSET SECURITIES (USA) INC. New +100,248+100.2k

Biggest sellers

BNP PARIBAS FINANCIAL MARKETS Reduced -1,014,457-1.0m
JPMORGAN CHASE & CO Reduced -827,286-827.3k
GOLDMAN SACHS GROUP INC Reduced -510,539-510.5k
ROYAL BANK OF CANADA Reduced -266,253-266.3k
LPL Financial LLC Reduced -192,858-192.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -182,510-182.5k
TWO SIGMA ADVISERS, LP Sold out -155,699-155.7k
CITIGROUP INC Reduced -122,732-122.7k
COMMERCE BANK Reduced -117,035-117.0k
WELLS FARGO & COMPANY/MN Reduced -103,550-103.5k

Biggest calls

PEAK6 LLC First filing $218.9m1.7m shares
CITADEL ADVISORS LLC Reduced $51.5m389.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $46.5m351.7k shares
Squarepoint Ops LLC Added $24.1m182.3k shares
Balyasny Asset Management L.P. Added $21.6m163.4k shares
Twin Tree Management, LP New $14.5m109.3k shares
UBS Group AG New $12.4m93.8k shares
WOLVERINE TRADING, LLC New $7.1m53.7k shares
JANE STREET GROUP, LLC Reduced $4.8m36.3k shares
Walleye Trading LLC Added $4.8m36.0k shares

Biggest puts

FARALLON CAPITAL MANAGEMENT, L.L.C. Added $476.0m3.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $104.1m787.7k shares
CITADEL ADVISORS LLC Reduced $46.6m352.6k shares
Balyasny Asset Management L.P. Added $44.9m339.6k shares
MILLENNIUM MANAGEMENT LLC New $38.9m294.0k shares
CITIGROUP INC Reduced $21.8m164.7k shares
UBS Group AG Added $16.4m123.8k shares
Squarepoint Ops LLC Added $14.7m111.1k shares
MIRAE ASSET SECURITIES (USA) INC. New $13.2m100.0k shares
Parallax Volatility Advisers, L.P. Added $12.4m93.7k 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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.09% of their portfolio CHARLOTTE, NC 7,489,4277.5m $990.2m $990.2m 0.09% Added +336.9k +336,854
2 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 3,477,5973.5m $459.8m $459.8m 0.03% Added +316.1k +316,150
3 JANE STREET GROUP, LLC 0.41% of their portfolio NEW YORK, NY 1,955,1972.0m $258.5m $258.5m 0.41% Added +518.9k +518,931
4 CITIGROUP INC 0.24% of their portfolio NEW YORK, NY 1,856,8681.9m $245.5m $245.5m 0.24% Reduced -122.7k -122,732
5 BNP PARIBAS FINANCIAL MARKETS 0.14% of their portfolio PARIS, I0 1,365,7721.4m $180.6m $180.6m 0.14% Reduced -1.0m -1,014,457
6 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 1,206,1721.2m $159.5m $159.5m 0.03% Reduced -266.3k -266,253
7 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,101,7261.1m $145.7m $145.7m 0.03% Added +223.2k +223,227
8 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 856,639856.6k $113.3m $113.3m 0.02% Reduced -510.5k -510,539
9 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.23% of their portfolio TORONTO, A6 800,000800.0k $105.8m $105.8m 0.23% Added +137.0k +137,000
10 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 679,796679.8k $89.9m $89.9m 0.02% Reduced -103.5k -103,550
11 BARCLAYS PLC 0.04% of their portfolio LONDON, X0 678,717678.7k $89.7m $89.7m 0.04% Added +321.6k +321,632
12 COMMERCE BANK 0.51% of their portfolio KANSAS CITY, MO 626,331626.3k $82.8m $82.8m 0.51% Reduced -117.0k -117,035
13 Main Management ETF Advisors, LLC 3.67% of their portfolio SAN FRANCISCO, CA 612,180612.2k $80.9m $80.9m 3.67% Added +18.8k +18,810
14 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 419,597419.6k $55.5m $55.5m 0.02% Reduced -192.9k -192,858
15 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 416,081416.1k $55.0m $55.0m 0.02% First filing
16 BlackRock, Inc. 0.00% of their portfolio New York, NY 397,887397.9k $52.6m $52.6m 0.00% Added +2.0k +1,987
17 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 346,744346.7k $45.8m $45.8m 0.03% Reduced -11.4k -11,448
18 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 314,398314.4k $41.6m $41.6m 0.00% Reduced -827.3k -827,286
19 Bronte Capital Management Pty Ltd. 3.24% of their portfolio Bondi Junction, C3 264,586264.6k $41.0m $41.0m 3.24% Reduced -8.4k -8,369
20 Focus Partners Wealth 0.04% of their portfolio ST LOUIS, MO 246,684246.7k $33.0m $33.0m 0.04% Added +201.2k +201,197
21 TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio NEW YORK, NY 234,607234.6k $31.0m $31.0m 0.07% Reduced -49.6k -49,600
22 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 191,783191.8k $25.4m $25.4m 0.02% Added +93.6k +93,552
23 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 173,601173.6k $23.0m $23.0m 0.03% Reduced -6.8k -6,818
24 Gray Foundation 6.22% of their portfolio Cohoes, NY 164,872164.9k $21.8m $21.8m 6.22% Added +33.2k +33,179
25 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 152,161152.2k $20.1m $20.1m 0.01% Reduced -9.9k -9,864
26 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 141,851141.9k $18.8m $18.8m 0.05% Reduced -4.9k -4,943
27 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 139,836139.8k $18.5m $18.5m 0.02% Reduced -3.9k -3,871
28 Aprio Wealth Management, LLC 2.70% of their portfolio ATLANTA, GA 139,747139.7k $18.5m $18.5m 2.70% New
29 STATE OF MICHIGAN RETIREMENT SYSTEM 0.09% of their portfolio EAST LANSING, MI 137,000137.0k $18.1m $18.1m 0.09% Unchanged
30 ALBION FINANCIAL GROUP /UT 1.16% of their portfolio SALT LAKE CITY, UT 128,698128.7k $17.0m $17.0m 1.16% Reduced -1.3k -1,282
31 Avalon Trust Co 1.20% of their portfolio SANTA FE, NM 127,893127.9k $16.9m $16.9m 1.20% Added +935 +935
32 CAPITAL FUND MANAGEMENT S.A. 0.15% of their portfolio PARIS, I0 117,274117.3k $15.5m $15.5m 0.15% New
33 CANADA LIFE ASSURANCE Co 0.02% of their portfolio WINNIPEG, A2 108,093108.1k $14.3m $14.3m 0.02% Reduced -1.2k -1,175
34 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 105,665105.7k $14.0m $14.0m 0.03% Reduced -673 -673
35 Bank Julius Baer & Co. Ltd, Zurich 0.05% of their portfolio ZURICH, V8 102,897102.9k $15.0m $15.0m 0.05% Reduced -2.1k -2,074
36 DAFNA Capital Management LLC 3.44% of their portfolio LOS ANGELES, CA 102,500102.5k $13.6m $13.6m 3.44% Unchanged
37 MIRAE ASSET SECURITIES (USA) INC. 0.62% of their portfolio NEW YORK, NY 100,248100.2k $13.3m $13.3m 0.62% New
38 MAI Capital Management 0.09% of their portfolio INDEPENDENCE, OH 94,23594.2k $12.5m $12.5m 0.09% Added +4.8k +4,833
39 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 88,19088.2k $11.7m $11.7m 0.02% Reduced -182.5k -182,510
40 Generali Investments CEE, investicni spolecnost, a.s. 1.17% of their portfolio PRAGUE, 2N 86,00086.0k $11.4m $11.4m 1.17% First filing
41 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 83,94483.9k $11.1m $11.1m 0.02% Added +4.0k +4,047
42 INVESTMENT HOUSE LLC 0.60% of their portfolio REDONDO BEACH, CA 82,98183.0k $11.0m $11.0m 0.60% Added +1.2k +1,153
43 Miller Investment Management, LP 1.19% of their portfolio WEST CONSHOHOCKEN, PA 82,44082.4k $10.9m $10.9m 1.19% Reduced -123 -123
44 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 81,05581.1k $10.7m $10.7m 0.01% Reduced -1.8k -1,750
45 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 80,47780.5k $10.6m $10.6m 0.01% New
46 APPLETON PARTNERS INC/MA 0.74% of their portfolio BOSTON, MA 75,80375.8k $10.0m $10.0m 0.74% Added +104 +104
47 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 75,33475.3k $9.7m $9.7m 0.02% Reduced -9.7k -9,680
48 CUMBERLAND ADVISORS INC 3.91% of their portfolio SARASOTA, FL 74,07374.1k $9.8m $9.8m 3.91% Reduced -2.9k -2,880
49 FACTORY MUTUAL INSURANCE CO 0.10% of their portfolio WALTHAM, MA 71,00071.0k $9.4m $9.4m 0.10% Unchanged
50 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 69,23069.2k $9.2m $9.2m 0.03% Added +518 +518
51 McGuire Investment Group, LLC 1.29% of their portfolio WAKEFIELD, RI 67,35267.4k $8.9m $8.9m 1.29% Reduced -3 -3
52 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 66,59966.6k $8.8m $8.8m 0.02% Added +18.1k +18,123
53 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 66,46566.5k $8.8m $8.8m 0.01% Reduced -192 -192
54 RAELIPSKIE PARTNERSHIP 4.34% of their portfolio WATERLOO, A6 66,14366.1k $8.7m $8.7m 4.34% Reduced -1.7k -1,659
55 Destiny Wealth Partners, LLC 1.41% of their portfolio TAVARES, FL 65,50765.5k $8.7m $8.7m 1.41% Added +2.5k +2,463
56 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 65,30565.3k $8.6m $8.6m 0.02% Reduced -14.7k -14,743
57 FOLGER NOLAN FLEMING DOUGLAS CAPITAL MANAGEMENT, INC 0.90% of their portfolio WASHINGTON, DC 65,26065.3k $8.6m $8.6m 0.90% Reduced -1.4k -1,400
58 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 64,97265.0k $8.6m $8.6m 0.03% Added +71 +71
59 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 64,26564.3k $8.5m $8.5m 0.02% Reduced -4.1k -4,067
60 PEAPACK GLADSTONE FINANCIAL CORP 0.12% of their portfolio BEDMINSTER, NJ 64,25964.3k $8.5m $8.5m 0.12% Reduced -2.3k -2,252
61 Parallax Volatility Advisers, L.P. 0.18% of their portfolio San Francisco, CA 62,28762.3k $8.2m $8.2m 0.18% Added +62.3k +62,284
62 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 56,96957.0k $7.5m $7.5m 0.00% Added +1.1k +1,138
63 Calamos Advisors LLC 0.03% of their portfolio NAPERVILLE, IL 56,29556.3k $7.4m $7.4m 0.03% Unchanged
64 Tradition Wealth Management, LLC 0.65% of their portfolio EDINA, MN 55,85055.9k $7.4m $7.4m 0.65% Added +3 +3
65 NTV Asset Management LLC 0.95% of their portfolio Charleston, WV 54,30854.3k $7.2m $7.2m 0.95% Reduced -620 -620
66 SP Asset Management LLC 0.59% of their portfolio CUPERTINO, CA 53,03653.0k $7.0m $7.0m 0.59% Added +21 +21
67 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 52,88752.9k $7.0m $7.0m 0.01% Added +14.8k +14,770
68 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 52,78752.8k $7.0m $7.0m 0.02% Added +6.3k +6,301
69 Pacific Capital Wealth Advisors, Inc. 1.15% of their portfolio CORONA, CA 52,24852.2k $6.9m $6.9m 1.15% Reduced -11.1k -11,136
70 Blume Capital Management, Inc. 1.53% of their portfolio BERKELEY, CA 51,50951.5k $6.8m $6.8m 1.53% Reduced -190 -190
71 Independent Advisor Alliance 0.09% of their portfolio CHARLOTTE, NC 51,19651.2k $6.8m $6.8m 0.09% New
72 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 50,95451.0k $6.7m $6.7m 0.01% Added +741 +741
73 Williams Jones Wealth Management, LLC. 0.08% of their portfolio NEW YORK, NY 47,40247.4k $6.3m $6.3m 0.08% Reduced -7.4k -7,424
74 OPPENHEIMER & CO INC 0.09% of their portfolio NEW YORK, NY 47,36147.4k $6.3m $6.3m 0.09% Added +11.7k +11,698
75 NEVILLE RODIE & SHAW INC 0.45% of their portfolio NEW YORK, NY 46,76246.8k $6.2m $6.2m 0.45% Reduced -40 -40
76 GTS SECURITIES LLC 0.30% of their portfolio NEW YORK, NY 46,72046.7k $6.2m $6.2m 0.30% Reduced -2.7k -2,668
77 Sicart Associates LLC 2.18% of their portfolio NEW YORK, NY 46,04146.0k $6.1m $6.1m 2.18% Reduced -1.4k -1,437
78 Beacon Pointe Advisors, LLC 0.07% of their portfolio NEWPORT BEACH, CA 45,71945.7k $6.0m $6.0m 0.07% Reduced -7.0k -7,006
79 Howard Capital Management Group, LLC 0.39% of their portfolio Los Angeles, CA 43,51243.5k $5.8m $5.8m 0.39% Reduced -80 -80
80 Michelson Medical Research Foundation, Inc. 4.81% of their portfolio Los Angeles, CA 43,39543.4k $5.7m $5.7m 4.81% Unchanged
81 Associated Banc-Corp 0.17% of their portfolio Green Bay, WI 42,80342.8k $5.7m $5.7m 0.17% Reduced -2.2k -2,173
82 MMBG INVESTMENT ADVISORS CO. 0.59% of their portfolio MIAMI, FL 42,32442.3k $5.6m $5.6m 0.59% Reduced -36.2k -36,226
83 HARBOUR INVESTMENT MANAGEMENT LLC 2.41% of their portfolio EDMONDS, WA 41,47941.5k $5.5m $5.5m 2.41% Reduced -625 -625
84 FORBES J M & CO LLP 0.53% of their portfolio Boston, MA 41,26241.3k $5.5m $5.5m 0.53% Added +352 +352
85 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 40,76140.8k $5.4m $5.4m 0.01% Added +8.3k +8,342
86 Wellington Shields Capital Management, LLC 0.01% of their portfolio NEW YORK, NY 39,66339.7k $39.7k $39.7k 0.01% Added +37.5k +37,523
87 First Interstate Bank 0.32% of their portfolio Billings, MT 39,64939.6k $5.2m $5.2m 0.32% Reduced -442 -442
88 Colonial Trust Advisors 0.46% of their portfolio SPARTANBURG, SC 39,64239.6k $5.2m $5.2m 0.46% Reduced -2.0k -1,971
89 TOTH FINANCIAL ADVISORY CORP 0.61% of their portfolio LEESBURG, VA 39,27139.3k $5.2m $5.2m 0.61% Reduced -2.6k -2,591
90 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 39,00039.0k $211.4k $211.4k 0.00% Unchanged
91 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 38,44038.4k $5.1m $5.1m 0.00% Added +680 +680
92 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 37,47437.5k $5.0m $5.0m 0.03% Reduced -4.7k -4,730
93 FRG Family Wealth Advisors LLC 0.88% of their portfolio BELLEVUE, WA 36,75536.8k $4.9m $4.9m 0.88% Reduced -140 -140
94 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 35,85935.9k $4.7m $4.7m 0.01% New
95 Sanctuary Advisors, LLC 0.03% of their portfolio INDIANAPOLIS, IN 35,83835.8k $5.0m $5.0m 0.03% Reduced -22.7k -22,661
96 Global Retirement Partners, LLC 0.13% of their portfolio San Rafael, CA 35,17235.2k $4.7m $4.7m 0.13% Added +19.0k +19,049
97 Mariner, LLC 0.01% of their portfolio Overland Park, KS 35,11035.1k $4.6m $4.6m 0.01% Added +6.5k +6,508
98 Crescent Grove Advisors, LLC 0.45% of their portfolio LAKE FOREST, IL 34,34634.3k $4.5m $4.5m 0.45% Reduced -8.5k -8,454
99 Analyst IMS Investment Management Services Ltd. 0.16% of their portfolio Tel-aviv, L3 33,75833.8k $4.5m $4.5m 0.16% Unchanged
100 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 32,30632.3k $4.3m $4.3m 0.00% Reduced -1.1k -1,062