Vault-13

ISHARES TR IWD

RUS 1000 VAL ETF · ETP · CUSIP 464287598

1,561 institutional holders +113 vs Q3 2023
307,692,906307.7m shares reported held*
$50.7bnreported value*
112 new 515 added 505 reduced 78 sold out net bought ≈ $9.1bn (+55.7m 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 ($84.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $164.94. Options: 5 managers hold calls ($56.4m notional), 7 hold puts ($13.4m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 1,324Q4 22: 1,464Q1 23: 1,413Q2 23: 1,427Q3 23: 1,448Q4 23: 1,5611,561Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 20221,324
Q4 20221,464
Q1 20231,413
Q2 20231,427
Q3 20231,448
Q4 20231,561

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 669 bought or addedQ4 22: 462 cut or sold outQ4 22Q1 23: 454 bought or addedQ1 23: 721 cut or sold outQ1 23Q2 23: 511 bought or addedQ2 23: 615 cut or sold outQ2 23Q3 23: 492 bought or addedQ3 23: 584 cut or sold outQ3 23Q4 23: 627 bought or addedQ4 23: 583 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022669462
Q1 2023454721
Q2 2023511615
Q3 2023492584
Q4 2023627583

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ1 23 calls: $42.4mQ1 23 puts: $13.0mQ1 23P/C 0.31Q2 23 calls: $69.7mQ2 23 puts: $8.5mQ2 23P/C 0.12Q3 23 calls: $58.6mQ3 23 puts: $3.4mQ3 23P/C 0.06Q4 23 calls: $56.4mQ4 23 puts: $13.4mQ4 23P/C 0.24
Numbers
QuarterCallsPutsP/C
Q1 2023$42.4m$13.0m0.31
Q2 2023$69.7m$8.5m0.12
Q3 2023$58.6m$3.4m0.06
Q4 2023$56.4m$13.4m0.24

Biggest buyers

MORGAN STANLEY Added +28,314,159+28.3m
JPMORGAN CHASE & CO Added +11,309,941+11.3m
BANK OF AMERICA CORP /DE/ Added +6,252,541+6.3m
ENVESTNET ASSET MANAGEMENT INC Added +1,282,817+1.3m
BlackRock Inc. Added +1,274,171+1.3m
Cresset Asset Management, LLC Added +843,389+843.4k
PRUDENTIAL FINANCIAL INC Added +736,099+736.1k
Cerity Partners LLC Added +694,404+694.4k
GOLDMAN SACHS GROUP INC Added +634,379+634.4k
WELLS FARGO & COMPANY/MN Added +608,062+608.1k

Biggest sellers

SYNOVUS FINANCIAL CORP Reduced -2,039,167-2.0m
FMR LLC Reduced -475,988-476.0k
AMERICAN CENTURY COMPANIES INC Reduced -366,766-366.8k
Corient Private Wealth LP Reduced -318,674-318.7k
ALLIANCEBERNSTEIN L.P. Reduced -277,379-277.4k
Granger Management LLC Reduced -165,476-165.5k
OSAIC HOLDINGS, INC. Reduced -158,082-158.1k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -129,749-129.7k
CFS Investment Advisory Services, LLC Sold out -111,685-111.7k
Financial Engines Advisors L.L.C. Reduced -100,507-100.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $44.3m268.3k shares
CITADEL ADVISORS LLC Reduced $9.7m58.6k shares
WOLVERINE TRADING, LLC Reduced $1.2m7.4k shares
GTS SECURITIES LLC Reduced $628.0k3.8k shares
Cutler Group LLC / CA Reduced $546.0k18.2k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $9.0m54.5k shares
CITADEL ADVISORS LLC Added $2.8m17.2k shares
WOLVERINE TRADING, LLC Added $1.0m6.2k shares
Walleye Trading LLC Added $495.8k3.0k shares
BANK OF NOVA SCOTIA New $41.3k250 shares
Cutler Group LLC / CA Reduced $12.0k43.9k shares
OLD MISSION CAPITAL LLC New $7.1k446.4k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.41% of their portfolio NEW YORK, NY 56,427,50256.4m $9.3bn $9.3bn 0.41% Added +28.3m +28,314,159
2 BANK OF AMERICA CORP /DE/ 1.05% of their portfolio CHARLOTTE, NC 55,673,56155.7m $9.2bn $9.2bn 1.05% Added +6.3m +6,252,541
3 JPMORGAN CHASE & CO 0.17% of their portfolio NEW YORK, NY 19,898,90219.9m $3.3bn $3.3bn 0.17% Added +11.3m +11,309,941
4 GOLDMAN SACHS GROUP INC 0.57% of their portfolio NEW YORK, NY 15,697,36215.7m $2.6bn $2.6bn 0.57% Added +634.4k +634,379
5 FMR LLC 0.14% of their portfolio BOSTON, MA 10,652,67010.7m $1.8bn $1.8bn 0.14% Reduced -476.0k -475,988
6 Financial Engines Advisors L.L.C. 3.94% of their portfolio SANTA CLARA, CA 10,099,78410.1m $1.7bn $1.7bn 3.94% Reduced -100.5k -100,507
7 JONES FINANCIAL COMPANIES LLLP 2.18% of their portfolio DES PERES, MO 8,782,7188.8m $1.5bn $1.5bn 2.18% Added +47.5k +47,471
8 UBS Group AG 0.49% of their portfolio ZURICH, V8 7,412,7587.4m $1.2bn $1.2bn 0.49% Added +444.9k +444,862
9 ENVESTNET ASSET MANAGEMENT INC 0.49% of their portfolio Berwyn, PA 7,166,5947.2m $1.2bn $1.2bn 0.49% Added +1.3m +1,282,817
10 WELLS FARGO & COMPANY/MN 0.23% of their portfolio SAN FRANCISCO, CA 4,909,5184.9m $811.3m $811.3m 0.23% Added +608.1k +608,062
11 BlackRock Inc. 0.02% of their portfolio New York, NY 3,793,0473.8m $626.8m $626.8m 0.02% Added +1.3m +1,274,171
12 NORTHERN TRUST CORP 0.11% of their portfolio CHICAGO, IL 3,758,1313.8m $621.0m $621.0m 0.11% Added +220.3k +220,344
13 M&T Bank Corp 2.23% of their portfolio BUFFALO, NY 3,674,4573.7m $607.2m $607.2m 2.23% Added +39.5k +39,454
14 Baird Financial Group, Inc. 1.38% of their portfolio MILWAUKEE, WI 3,673,6423.7m $607.1m $607.1m 1.38% Added +45.4k +45,358
15 RAYMOND JAMES & ASSOCIATES 0.45% of their portfolio ST PETERSBURG, FL 3,644,8553.6m $602.3m $602.3m 0.45% Added +187.3k +187,321
16 PNC Financial Services Group, Inc. 0.43% of their portfolio Pittsburgh, PA 3,294,9053.3m $544.5m $544.5m 0.43% Added +220.8k +220,789
17 LPL Financial LLC 0.30% of their portfolio FORT MILL, SC 2,977,5613.0m $492.0m $492.0m 0.30% Added +300.2k +300,212
18 SYNOVUS FINANCIAL CORP 6.51% of their portfolio Columbus, GA 2,784,9822.8m $460.2m $460.2m 6.51% Reduced -2.0m -2,039,167
19 TRUIST FINANCIAL CORP 0.69% of their portfolio CHARLOTTE, NC 2,638,7302.6m $436.1m $436.1m 0.69% Added +351.1k +351,119
20 ROYAL BANK OF CANADA 0.10% of their portfolio TORONTO, A6 2,324,8062.3m $384.2m $384.2m 0.10% Added +352.6k +352,557
21 Jasper Ridge Partners, L.P. 14.27% of their portfolio MENLO PARK, CA 2,155,4272.2m $356.2m $356.2m 14.27% Added +251.6k +251,553
22 COMMONWEALTH EQUITY SERVICES, LLC 0.63% of their portfolio WALTHAM, MA 2,095,9252.1m $346.4m $346.4m 0.63% Added +44.8k +44,819
23 GLOBALT Investments LLC / GA 13.76% of their portfolio Atlanta, GA 2,002,8862.0m $331.0m $331.0m 13.76% First filing
24 STIFEL FINANCIAL CORP 0.41% of their portfolio ST. LOUIS, MO 1,968,6752.0m $325.3m $325.3m 0.41% Added +298.3k +298,276
25 ALLIANCEBERNSTEIN L.P. 0.12% of their portfolio NASHVILLE, TN 1,922,9771.9m $317.8m $317.8m 0.12% Reduced -277.4k -277,379
26 PRUDENTIAL FINANCIAL INC 0.34% of their portfolio NEWARK, NJ 1,352,0891.4m $223.4m $223.4m 0.34% Added +736.1k +736,099
27 Rockefeller Capital Management L.P. 0.72% of their portfolio NEW YORK, NY 1,305,6761.3m $215.8m $215.8m 0.72% Added +2.7k +2,654
28 TIAA TRUST, NATIONAL ASSOCIATION 0.71% of their portfolio CHARLOTTE, NC 1,282,0891.3m $211.9m $211.9m 0.71% Reduced -30.5k -30,500
29 Cresset Asset Management, LLC 1.23% of their portfolio Chicago, IL 1,230,1791.2m $203.3m $203.3m 1.23% Added +843.4k +843,389
30 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 1,095,5191.1m $181.1m $181.1m 0.05% Added +107.6k +107,624
31 COMERICA BANK 0.82% of their portfolio DALLAS, TX 1,075,9891.1m $177.8m $177.8m 0.82% Added +103.6k +103,568
32 CITIGROUP INC 0.23% of their portfolio NEW YORK, NY 1,046,4071.0m $172.9m $172.9m 0.23% Reduced -27.5k -27,487
33 Alaska Permanent Fund Corp 2.83% of their portfolio JUNEAU, AK 1,038,7531.0m $171.7m $171.7m 2.83% Reduced -67.3k -67,349
34 HighTower Advisors, LLC 0.29% of their portfolio CHICAGO, IL 1,027,1101.0m $169.7m $169.7m 0.29% Reduced -13.0k -12,964
35 US BANCORP \DE\ 0.24% of their portfolio MINNEAPOLIS, MN 987,800987.8k $163.2m $163.2m 0.24% Reduced -18.0k -17,992
36 Waldron Private Wealth LLC 7.16% of their portfolio BRIDGEVILLE, PA 910,654910.7k $150.5m $150.5m 7.16% Reduced -6.7k -6,714
37 Raymond James Financial Services Advisors, Inc. 0.23% of their portfolio ST. PETERSBURG, FL 852,672852.7k $140.9m $140.9m 0.23% Added +47.2k +47,168
38 Hackensack Meridian Health, Inc. 27.41% of their portfolio EDISON, NJ 826,000826.0k $136.5m $136.5m 27.41% Reduced -61.0k -61,000
39 Alera Investment Advisors, LLC 17.62% of their portfolio DEERFIELD, IL 815,249815.2k $134.7m $134.7m 17.62% Added +22.4k +22,447
40 Cerity Partners LLC 0.10% of their portfolio NEW YORK, NY 805,931805.9k $29.9m $29.9m 0.10% Added +694.4k +694,404
41 Stairway Partners, LLC 13.37% of their portfolio MINNEAPOLIS, MN 802,179802.2k $132.6m $132.6m 13.37% Added +18.7k +18,689
42 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 800,151800.2k $132.2m $132.2m 0.03% Reduced -71.8k -71,807
43 COMMERCE BANK 0.92% of their portfolio KANSAS CITY, MO 778,749778.7k $128.7m $128.7m 0.92% Reduced -21.0k -20,996
44 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.36% of their portfolio PLYMOUTH, MN 758,864758.9k $125.4m $125.4m 0.36% Added +91.6k +91,567
45 OAKWORTH CAPITAL, INC. 9.73% of their portfolio BIRMINGHAM, AL 734,459734.5k $121.4m $121.4m 9.73% Added +14.8k +14,818
46 OSAIC HOLDINGS, INC. 0.20% of their portfolio SCOTTSDALE, AZ 707,167707.2k $116.9m $116.9m 0.20% Reduced -158.1k -158,082
47 UNC Management Company, Inc. 84.53% of their portfolio Chapel Hill, NC 684,805684.8k $113.2m $113.2m 84.53% Unchanged
48 STEPHENS INC /AR/ 1.92% of their portfolio LITTLE ROCK, AR 671,861671.9k $111.0m $111.0m 1.92% Reduced -25.9k -25,874
49 Johns Hopkins University 4.33% of their portfolio BALTIMORE, MD 623,115623.1k $103.0m $103.0m 4.33% Added +549.7k +549,728
50 Circle Wealth Management, LLC 2.61% of their portfolio SUMMIT, NJ 620,620620.6k $102.6m $102.6m 2.61% Unchanged
51 1ST SOURCE BANK 5.90% of their portfolio SOUTH BEND, IN 591,160591.2k $97.7m $97.7m 5.90% Added +11.6k +11,563
52 Mariner, LLC 0.22% of their portfolio Overland Park, KS 553,419553.4k $91.5m $91.5m 0.22% Reduced -17.7k -17,706
53 Creative Planning 0.16% of their portfolio OVERLAND PARK, KS 522,603522.6k $86.4m $86.4m 0.16% Added +37.8k +37,836
54 BNP PARIBAS FINANCIAL MARKETS 0.15% of their portfolio PARIS, I0 505,172505.2k $83.5m $83.5m 0.15% Added +504.9k +504,906
55 Corient Private Wealth LP 0.15% of their portfolio MIAMI, FL 484,826484.8k $80.1m $80.1m 0.15% Reduced -318.7k -318,674
56 Equitable Holdings, Inc. 0.97% of their portfolio NEW YORK, NY 475,401475.4k $78.6m $78.6m 0.97% Added +6.7k +6,689
57 Modera Wealth Management, LLC 1.29% of their portfolio WESTWOOD, NJ 472,075472.1k $78.0m $78.0m 1.29% Reduced -8.7k -8,679
58 Cetera Investment Advisers 0.63% of their portfolio SCHAUMBURG, IL 466,553466.6k $77.1m $77.1m 0.63% Reduced -8.0k -8,010
59 Cetera Advisor Networks LLC 0.43% of their portfolio EL SEGUNDO, CA 464,838464.8k $76.8m $76.8m 0.43% Added +28.2k +28,152
60 FIFTH THIRD BANCORP 0.33% of their portfolio CINCINNATI, OH 464,764464.8k $76.8m $76.8m 0.33% Reduced -48.6k -48,636
61 Strategic Wealth Partners Group, LLC 9.18% of their portfolio DEERFIELD, IL 440,257440.3k $72.8m $72.8m 9.18% Added +15.6k +15,604
62 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.08% of their portfolio MILWAUKEE, WI 431,986432.0k $71.4m $71.4m 0.08% Reduced -129.7k -129,749
63 Cedar Mountain Advisors, LLC 18.01% of their portfolio LAKE OSWEGO, OR 402,585402.6k $66.5m $66.5m 18.01% Reduced -1.0k -1,049
64 BANK OF NOVA SCOTIA 0.12% of their portfolio TORONTO, A6 402,275402.3k $66.5m $66.5m 0.12% Reduced -19.2k -19,210
65 MML INVESTORS SERVICES, LLC 0.30% of their portfolio SPRINGFIELD, MA 397,653397.7k $65.7m $65.7m 0.30% Added +2.2k +2,157
66 Geller Advisors LLC 6.36% of their portfolio New York, NY 395,102395.1k $65.3m $65.3m 6.36% Reduced -52.3k -52,322
67 Cassaday & Co Wealth Management LLC 2.19% of their portfolio MCLEAN, VA 382,648382.6k $63.2m $63.2m 2.19% Added +6.4k +6,416
68 MERCER GLOBAL ADVISORS INC /ADV 0.19% of their portfolio DENVER, CO 382,199382.2k $63.2m $63.2m 0.19% Added +13.0k +12,972
69 MV CAPITAL MANAGEMENT, INC. 7.97% of their portfolio BETHESDA, MD 380,795380.8k $62.9m $62.9m 7.97% Added +11.4k +11,372
70 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio Boston, MA 370,945370.9k $61.3m $61.3m 0.02% Added +210.2k +210,203
71 PUTNAM INVESTMENTS LLC 0.08% of their portfolio BOSTON, MA 364,662364.7k $60.3m $60.3m 0.08% Added +57.3k +57,315
72 STEPHENS GROUP ASSET MANAGEMENT, LLC 5.75% of their portfolio LITTLE ROCK, AR 357,044357.0k $59.0m $59.0m 5.75% Added +2.7k +2,736
73 LANDAAS & CO /WI /ADV 21.77% of their portfolio MILWAUKEE, WI 355,263355.3k $58.7m $58.7m 21.77% Reduced -8.5k -8,515
74 CAPTRUST FINANCIAL ADVISORS 0.20% of their portfolio RALEIGH, NC 346,578346.6k $57.3m $57.3m 0.20% Added +38.7k +38,680
75 CHOREO, LLC 1.55% of their portfolio ROCKFORD, IL 346,105346.1k $57.2m $57.2m 1.55% Added +6.8k +6,759
76 Badgley Phelps Wealth Managers, LLC 1.54% of their portfolio SEATTLE, WA 342,744342.7k $56.6m $56.6m 1.54% Added +164.3k +164,258
77 Cullen/Frost Bankers, Inc. 0.87% of their portfolio San Antonio, TX 333,664333.7k $55.1m $55.1m 0.87% Added +34.8k +34,811
78 Pathstone Holdings, LLC 0.30% of their portfolio ENGLEWOOD, NJ 332,454332.5k $54.9m $54.9m 0.30% First filing
79 ZACKS INVESTMENT MANAGEMENT 0.68% of their portfolio Chicago, IL 331,944331.9k $54.9m $54.9m 0.68% Added +279.4k +279,416
80 Private Advisor Group, LLC 0.43% of their portfolio MORRISTOWN, NJ 331,639331.6k $54.8m $54.8m 0.43% Reduced -9.7k -9,661
81 EP Wealth Advisors, LLC 0.68% of their portfolio TORRANCE, CA 322,903322.9k $53.4m $53.4m 0.68% Added +240.3k +240,261
82 LONDON CO OF VIRGINIA 0.29% of their portfolio RICHMOND, VA 311,930311.9k $51.5m $51.5m 0.29% Added +277.7k +277,657
83 BROWN ADVISORY INC 0.07% of their portfolio BALTIMORE, MD 304,852304.9k $50.4m $50.4m 0.07% Added +31.1k +31,077
84 StoneX Group Inc. 4.85% of their portfolio NEW YORK, NY 295,402295.4k $48.8m $48.8m 4.85% Added +8.6k +8,621
85 First Business Financial Services, Inc. 5.50% of their portfolio MADISON, WI 286,508286.5k $47.3m $47.3m 5.50% Added +4.0k +4,022
86 EASTERN BANK 2.13% of their portfolio BOSTON, MA 283,574283.6k $46.9m $46.9m 2.13% Added +2.5k +2,453
87 WADE G W & INC 1.51% of their portfolio Wellesley, MA 280,929280.9k $46.4m $46.4m 1.51% Reduced -8.0k -8,040
88 Cetera Advisors LLC 0.63% of their portfolio DENVER, CO 275,519275.5k $45.5m $45.5m 0.63% Reduced -24.6k -24,598
89 OPPENHEIMER ASSET MANAGEMENT INC. 0.60% of their portfolio NEW YORK, NY 262,720262.7k $43.4m $43.4m 0.60% Added +203.6k +203,573
90 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 256,605256.6k $42.4m $42.4m 0.03% Reduced -366.8k -366,766
91 Thrivent Financial for Lutherans 0.09% of their portfolio Minneapolis, MN 256,217256.2k $42.3m $42.3m 0.09% Reduced -31.4k -31,403
92 Wind River Trust Co 16.44% of their portfolio Jackson, WY 253,335253.3k $41.9m $41.9m 16.44% Unchanged
93 MAI Capital Management 0.55% of their portfolio INDEPENDENCE, OH 251,519251.5k $41.6m $41.6m 0.55% Added +4.3k +4,278
94 EQUITY INVESTMENT CORP 1.16% of their portfolio ATLANTA, GA 250,903250.9k $41.5m $41.5m 1.16% Added +122.3k +122,265
95 MONETA GROUP INVESTMENT ADVISORS LLC 0.81% of their portfolio ST LOUIS, MO 248,996249.0k $41.1m $41.1m 0.81% Added +5.9k +5,889
96 Janney Montgomery Scott LLC 0.13% of their portfolio PHILADELPHIA, PA 248,011248.0k $41.0m $41.0m 0.13% Added +56.1k +56,102
97 Flaharty Asset Management, LLC 6.36% of their portfolio CLEARWATER, FL 243,677243.7k $40.3m $40.3m 6.36% Reduced -859 -859
98 Steward Partners Investment Advisory, LLC 0.54% of their portfolio STAMFORD, CT 242,122242.1k $40.0m $40.0m 0.54% Added +10.9k +10,866
99 FSA Wealth Management LLC 18.97% of their portfolio Needham, MA 241,966242.0k $40.0m $40.0m 18.97% Added +1.6k +1,575
100 Brandywine Global Investment Management, LLC 0.32% of their portfolio PHILADELPHIA, PA 239,479239.5k $39.6m $39.6m 0.32% Added +14.8k +14,795