Vault-13

ISHARES TR IWD

RUS 1000 VAL ETF · ETP · CUSIP 464287598

1,723 institutional holders -16 vs Q4 2024
268,854,822268.9m shares reported held*
$50.4bnreported value*
106 new 528 added 654 reduced 110 sold out net sold ≈ $1.8bn (-8.8m 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 ($101.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $187.40. Options: 6 managers hold calls ($114.4m notional), 9 hold puts ($1.1bn).

Trends to Q1 2025

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: 1,561Q1 24: 1,543Q2 24: 1,525Q3 24: 1,586Q4 24: 1,739Q1 25: 1,7231,723Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 20221,324
Q4 20221,464
Q1 20231,413
Q2 20231,427
Q3 20231,448
Q4 20231,561
Q1 20241,543
Q2 20241,525
Q3 20241,586
Q4 20241,739
Q1 20251,723

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 23: 511 bought or addedQ2 23: 615 cut or sold outQ3 23: 492 bought or addedQ3 23: 584 cut or sold outQ3 23Q4 23: 627 bought or addedQ4 23: 583 cut or sold outQ1 24: 527 bought or addedQ1 24: 726 cut or sold outQ1 24Q2 24: 562 bought or addedQ2 24: 630 cut or sold outQ3 24: 638 bought or addedQ3 24: 576 cut or sold outQ3 24Q4 24: 736 bought or addedQ4 24: 556 cut or sold outQ1 25: 634 bought or addedQ1 25: 764 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023511615
Q3 2023492584
Q4 2023627583
Q1 2024527726
Q2 2024562630
Q3 2024638576
Q4 2024736556
Q1 2025634764

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bnQ2 24 calls: $38.3mQ2 24 puts: $3.3mQ2 24P/C 0.09Q3 24 calls: $113.2mQ3 24 puts: $123.7mQ3 24P/C 1.09Q4 24 calls: $241.6mQ4 24 puts: $202.0mQ4 24P/C 0.84Q1 25 calls: $114.4mQ1 25 puts: $1.1bnQ1 25P/C 9.68
Numbers
QuarterCallsPutsP/C
Q2 2024$38.3m$3.3m0.09
Q3 2024$113.2m$123.7m1.09
Q4 2024$241.6m$202.0m0.84
Q1 2025$114.4m$1.1bn9.68

Biggest buyers

Pacific Life Fund Advisors LLC New +1,236,524+1.2m
Corient Private Wealth LP Added +1,104,922+1.1m
JP Wealth Management, Inc. Added +976,227+976.2k
UBS Group AG Added +823,288+823.3k
GOLDMAN SACHS GROUP INC Added +363,429+363.4k
AMERICAN CENTURY COMPANIES INC Added +358,906+358.9k
SYNOVUS FINANCIAL CORP Added +261,646+261.6k
NORTHERN TRUST CORP Added +253,088+253.1k
LPL Financial LLC Added +229,198+229.2k
Cordatus Wealth Management LLC New +152,891+152.9k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -3,493,025-3.5m
WELLS FARGO & COMPANY/MN Reduced -1,668,210-1.7m
JONES FINANCIAL COMPANIES LLLP Reduced -1,453,368-1.5m
ENVESTNET ASSET MANAGEMENT INC Reduced -1,335,083-1.3m
Alaska Permanent Fund Corp Reduced -481,743-481.7k
Focus Partners Wealth Reduced -472,252-472.3k
RAYMOND JAMES FINANCIAL INC Reduced -351,953-352.0k
PRUDENTIAL FINANCIAL INC Reduced -318,957-319.0k
EQUITY INVESTMENT CORP Reduced -310,887-310.9k
ROYAL BANK OF CANADA Reduced -309,563-309.6k

Biggest calls

UBS Group AG Reduced $56.4m300.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $33.5m178.3k shares
CITADEL ADVISORS LLC Added $13.6m72.4k shares
JANE STREET GROUP, LLC Added $6.1m32.5k shares
Walleye Trading LLC Reduced $2.4m13.0k shares
Parallax Volatility Advisers, L.P. New $2.2m11.7k shares

Biggest puts

Elliott Investment Management L.P. New $1.0bn5.5m shares
UBS Group AG Reduced $56.4m300.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.2m33.0k shares
CITADEL ADVISORS LLC Reduced $2.5m13.4k shares
Parallax Volatility Advisers, L.P. New $2.5m13.1k shares
Walleye Trading LLC Added $2.1m11.0k shares
CSS LLC/IL New $1.5m8.0k shares
JANE STREET GROUP, LLC Added $658.6k3.5k shares
Quaker Wealth Management, LLC First filing $42.9k228 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.85% of their portfolio CHARLOTTE, NC 50,568,56750.6m $9.5bn $9.5bn 0.85% Reduced -3.5m -3,493,025
2 MORGAN STANLEY 0.51% of their portfolio NEW YORK, NY 38,268,36938.3m $7.2bn $7.2bn 0.51% Reduced -109.2k -109,214
3 GOLDMAN SACHS GROUP INC 0.56% of their portfolio NEW YORK, NY 15,629,69215.6m $2.9bn $2.9bn 0.56% Added +363.4k +363,429
4 FMR LLC 0.11% of their portfolio BOSTON, MA 9,260,9209.3m $1.7bn $1.7bn 0.11% Reduced -8.1k -8,069
5 JPMORGAN CHASE & CO 0.13% of their portfolio NEW YORK, NY 9,085,9579.1m $1.7bn $1.7bn 0.13% Reduced -166.1k -166,086
6 Financial Engines Advisors L.L.C. 3.54% of their portfolio SANTA CLARA, CA 8,759,0858.8m $1.6bn $1.6bn 3.54% Reduced -254.0k -253,994
7 UBS Group AG 0.33% of their portfolio ZURICH, V8 7,960,3728.0m $1.5bn $1.5bn 0.33% Added +823.3k +823,288
8 ENVESTNET ASSET MANAGEMENT INC 0.40% of their portfolio Berwyn, PA 6,542,1156.5m $1.2bn $1.2bn 0.40% Reduced -1.3m -1,335,083
9 RAYMOND JAMES FINANCIAL INC 0.35% of their portfolio ST. PETERSBURG, FL 4,901,8554.9m $922.3m $922.3m 0.35% Reduced -352.0k -351,953
10 Baird Financial Group, Inc. 1.70% of their portfolio MILWAUKEE, WI 4,681,4984.7m $880.9m $880.9m 1.70% Added +82.0k +81,955
11 WELLS FARGO & COMPANY/MN 0.21% of their portfolio SAN FRANCISCO, CA 4,615,8054.6m $868.5m $868.5m 0.21% Reduced -1.7m -1,668,210
12 NORTHERN TRUST CORP 0.13% of their portfolio CHICAGO, IL 4,518,3694.5m $850.2m $850.2m 0.13% Added +253.1k +253,088
13 LPL Financial LLC 0.29% of their portfolio FORT MILL, SC 3,949,3933.9m $743.1m $743.1m 0.29% Added +229.2k +229,198
14 M&T Bank Corp 2.61% of their portfolio BUFFALO, NY 3,804,1553.8m $715.8m $715.8m 2.61% Added +83.3k +83,318
15 PNC Financial Services Group, Inc. 0.33% of their portfolio Pittsburgh, PA 3,355,1553.4m $631.3m $631.3m 0.33% Reduced -31.8k -31,800
16 SYNOVUS FINANCIAL CORP 7.74% of their portfolio Columbus, GA 3,175,9343.2m $597.6m $597.6m 7.74% Added +261.6k +261,646
17 Jasper Ridge Partners, L.P. 16.17% of their portfolio MENLO PARK, CA 2,674,6842.7m $503.3m $503.3m 16.17% Reduced -70.4k -70,421
18 PRUDENTIAL FINANCIAL INC 0.71% of their portfolio NEWARK, NJ 2,647,6562.6m $498.2m $498.2m 0.71% Reduced -319.0k -318,957
19 JONES FINANCIAL COMPANIES LLLP 0.42% of their portfolio DES PERES, MO 2,531,7292.5m $471.6m $471.6m 0.42% Reduced -1.5m -1,453,368
20 TRUIST FINANCIAL CORP 0.69% of their portfolio CHARLOTTE, NC 2,300,7952.3m $432.9m $432.9m 0.69% Reduced -200.6k -200,559
21 COMMONWEALTH EQUITY SERVICES, LLC 0.56% of their portfolio WALTHAM, MA 2,089,3852.1m $393.1m $393.1m 0.56% Added +122.8k +122,823
22 ROYAL BANK OF CANADA 0.09% of their portfolio TORONTO, A6 2,055,9952.1m $386.9m $386.9m 0.09% Reduced -309.6k -309,563
23 STIFEL FINANCIAL CORP 0.38% of their portfolio ST. LOUIS, MO 1,892,5251.9m $356.1m $356.1m 0.38% Reduced -242.7k -242,659
24 Alaska Permanent Fund Corp 4.80% of their portfolio JUNEAU, AK 1,875,4451.9m $341.8m $341.8m 4.80% Reduced -481.7k -481,743
25 GLOBALT Investments LLC / GA 13.72% of their portfolio Atlanta, GA 1,784,0531.8m $335.7m $335.7m 13.72% Reduced -46.5k -46,540
26 BlackRock, Inc. 0.01% of their portfolio New York, NY 1,776,6931.8m $334.3m $334.3m 0.01% Reduced -277.9k -277,908
27 Corient Private Wealth LP 0.49% of their portfolio MIAMI, FL 1,591,4181.6m $299.4m $299.4m 0.49% Added +1.1m +1,104,922
28 Stairway Partners, LLC 14.75% of their portfolio MINNEAPOLIS, MN 1,271,7221.3m $239.3m $239.3m 14.75% Added +35.9k +35,873
29 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 1,251,7321.3m $235.4m $235.4m 0.06% Reduced -267.3k -267,320
30 Pacific Life Fund Advisors LLC 26.10% of their portfolio NEWPORT BEACH, CA 1,236,5241.2m $232.7m $232.7m 26.10% New
31 TIAA TRUST, NATIONAL ASSOCIATION 0.70% of their portfolio CHARLOTTE, NC 1,194,5571.2m $224.8m $224.8m 0.70% Reduced -20.4k -20,437
32 Cetera Investment Advisers 0.43% of their portfolio SCHAUMBURG, IL 1,181,8421.2m $222.4m $222.4m 0.43% Reduced -49.3k -49,274
33 ALLIANCEBERNSTEIN L.P. 0.08% of their portfolio NASHVILLE, TN 1,173,8011.2m $220.9m $220.9m 0.08% Reduced -57.5k -57,489
34 CITIGROUP INC 0.17% of their portfolio NEW YORK, NY 1,168,9531.2m $220.0m $220.0m 0.17% Added +141.0k +140,966
35 Rockefeller Capital Management L.P. 0.51% of their portfolio NEW YORK, NY 1,092,4931.1m $205.6m $205.6m 0.51% Added +76.0k +76,033
36 FRANKLIN RESOURCES INC 0.06% of their portfolio San Mateo, CA 1,015,3941.0m $191.1m $191.1m 0.06% Added +79.1k +79,115
37 COMERICA BANK 0.79% of their portfolio DALLAS, TX 1,003,9891.0m $188.9m $188.9m 0.79% Reduced -82.7k -82,729
38 JP Wealth Management, Inc. 0.00% of their portfolio MT. PLEASANT, SC 981,443981.4k $5.2k $5.2k 0.00% Added +976.2k +976,227
39 HighTower Advisors, LLC 0.25% of their portfolio CHICAGO, IL 977,118977.1k $183.9m $183.9m 0.25% Reduced -88.8k -88,765
40 NATIXIS ADVISORS, LLC 0.33% of their portfolio Boston, MA 950,191950.2k $178.8m $178.8m 0.33% Reduced -84.9k -84,921
41 NorthCoast Asset Management LLC 0.89% of their portfolio STAMFORD, CT 941,235941.2k $177.1m $177.1m 0.89% Added +79.5k +79,475
42 AMERICAN CENTURY COMPANIES INC 0.11% of their portfolio KANSAS CITY, MO 935,164935.2k $176.0m $176.0m 0.11% Added +358.9k +358,906
43 Waldron Private Wealth LLC 7.72% of their portfolio BRIDGEVILLE, PA 869,533869.5k $163.6m $163.6m 7.72% Added +18.7k +18,689
44 US BANCORP \DE\ 0.21% of their portfolio MINNEAPOLIS, MN 848,496848.5k $159.7m $159.7m 0.21% Reduced -10.1k -10,128
45 Johns Hopkins University 6.01% of their portfolio BALTIMORE, MD 846,133846.1k $159.2m $159.2m 6.01% Reduced -259.3k -259,271
46 OAKWORTH CAPITAL, INC. 10.25% of their portfolio BIRMINGHAM, AL 782,181782.2k $147.2m $147.2m 10.25% Added +18.0k +18,007
47 COMMERCE BANK 0.90% of their portfolio KANSAS CITY, MO 750,163750.2k $141.2m $141.2m 0.90% Reduced -571 -571
48 BNP PARIBAS FINANCIAL MARKETS 0.10% of their portfolio PARIS, I0 709,385709.4k $133.5m $133.5m 0.10% First filing
49 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 705,338705.3k $132.7m $132.7m 0.03% Reduced -23.5k -23,462
50 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.25% of their portfolio PLYMOUTH, MN 695,968696.0k $131.0m $131.0m 0.25% Added +24.3k +24,294
51 1ST SOURCE BANK 7.49% of their portfolio SOUTH BEND, IN 675,118675.1k $127.0m $127.0m 7.49% Added +15.0k +15,029
52 STEPHENS INC /AR/ 1.72% of their portfolio LITTLE ROCK, AR 624,645624.6k $117.5m $117.5m 1.72% Reduced -67.5k -67,479
53 Circle Wealth Management, LLC 2.65% of their portfolio SUMMIT, NJ 607,633607.6k $114.3m $114.3m 2.65% Unchanged
54 Pathstone Holdings, LLC 0.45% of their portfolio ENGLEWOOD, NJ 549,555549.6k $103.5m $103.5m 0.45% Added +15.1k +15,137
55 BANK OF NOVA SCOTIA 0.23% of their portfolio TORONTO, A6 539,180539.2k $101.5m $101.5m 0.23% Reduced -2.5k -2,477
56 Creative Planning 0.09% of their portfolio OVERLAND PARK, KS 536,335536.3k $100.9m $100.9m 0.09% Added +4.6k +4,644
57 Mariner, LLC 0.16% of their portfolio Overland Park, KS 508,887508.9k $95.8m $95.8m 0.16% Added +16.5k +16,549
58 Focus Partners Wealth 0.22% of their portfolio ST LOUIS, MO 476,848476.8k $89.7m $89.7m 0.22% Reduced -472.3k -472,252
59 OSAIC HOLDINGS, INC. 0.19% of their portfolio SCOTTSDALE, AZ 462,672462.7k $87.1m $87.1m 0.19% Added +48.0k +48,033
60 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.07% of their portfolio MILWAUKEE, WI 450,423450.4k $84.8m $84.8m 0.07% Added +37.1k +37,093
61 Modera Wealth Management, LLC 1.12% of their portfolio WESTWOOD, NJ 439,699439.7k $82.7m $82.7m 1.12% Reduced -6.2k -6,249
62 Cedar Mountain Advisors, LLC 17.49% of their portfolio LAKE OSWEGO, OR 414,979415.0k $78.1m $78.1m 17.49% Added +1.4k +1,428
63 Equitable Holdings, Inc. 0.72% of their portfolio NEW YORK, NY 402,213402.2k $75.7m $75.7m 0.72% Added +11.4k +11,352
64 CHOREO, LLC 1.17% of their portfolio ROCKFORD, IL 400,743400.7k $75.4m $75.4m 1.17% Added +12.2k +12,243
65 MML INVESTORS SERVICES, LLC 0.25% of their portfolio SPRINGFIELD, MA 399,099399.1k $75.1m $75.1m 0.25% Added +21.8k +21,833
66 Cassaday & Co Wealth Management LLC 2.11% of their portfolio MCLEAN, VA 397,810397.8k $74.9m $74.9m 2.11% Reduced -5.8k -5,788
67 STEPHENS GROUP ASSET MANAGEMENT, LLC 5.95% of their portfolio LITTLE ROCK, AR 392,301392.3k $73.8m $73.8m 5.95% Added +26.8k +26,764
68 BRIDGES INVESTMENT MANAGEMENT INC 1.05% of their portfolio OMAHA, NE 385,699385.7k $72.6m $72.6m 1.05% Added +21.7k +21,663
69 MV CAPITAL MANAGEMENT, INC. 7.76% of their portfolio BETHESDA, MD 384,195384.2k $72.3m $72.3m 7.76% Added +4.2k +4,207
70 CAPTRUST FINANCIAL ADVISORS 0.17% of their portfolio RALEIGH, NC 368,369368.4k $69.3m $69.3m 0.17% Reduced -1.9k -1,936
71 LANDAAS & CO /WI /ADV 18.72% of their portfolio MILWAUKEE, WI 359,893359.9k $67.7m $67.7m 18.72% Added +4.7k +4,749
72 Cullen/Frost Bankers, Inc. 0.95% of their portfolio San Antonio, TX 359,247359.2k $67.6m $67.6m 0.95% Added +5.3k +5,258
73 StoneX Group Inc. 3.44% of their portfolio NEW YORK, NY 333,681333.7k $62.8m $62.8m 3.44% Added +6.2k +6,248
74 MAI Capital Management 0.46% of their portfolio INDEPENDENCE, OH 326,012326.0k $61.3m $61.3m 0.46% Added +5.6k +5,591
75 MONETA GROUP INVESTMENT ADVISORS LLC 0.84% of their portfolio ST LOUIS, MO 324,419324.4k $61.0m $61.0m 0.84% Added +9.0k +8,971
76 Private Advisor Group, LLC 0.37% of their portfolio MORRISTOWN, NJ 322,231322.2k $60.6m $60.6m 0.37% Added +7.3k +7,345
77 FIFTH THIRD BANCORP 0.23% of their portfolio CINCINNATI, OH 320,212320.2k $60.3m $60.3m 0.23% Reduced -17.1k -17,068
78 Steward Partners Investment Advisory, LLC 0.53% of their portfolio STAMFORD, CT 319,708319.7k $60.2m $60.2m 0.53% Added +67.8k +67,818
79 EP Wealth Advisors, LLC 0.47% of their portfolio TORRANCE, CA 312,937312.9k $58.9m $58.9m 0.47% Reduced -5.9k -5,939
80 Nuveen, LLC 0.02% of their portfolio CHARLOTTE, NC 309,687309.7k $58.3m $58.3m 0.02% First filing
81 Coho Partners, Ltd. 3.48% of their portfolio BERWYN, PA 306,766306.8k $57.7m $57.7m 3.48% Added +94.5k +94,495
82 First Business Financial Services, Inc. 5.48% of their portfolio MADISON, WI 296,034296.0k $55.7m $55.7m 5.48% Added +8.6k +8,579
83 BROWN ADVISORY INC 0.08% of their portfolio BALTIMORE, MD 292,615292.6k $55.1m $55.1m 0.08% Reduced -22.2k -22,170
84 Cresset Asset Management, LLC 0.27% of their portfolio Chicago, IL 290,291290.3k $54.6m $54.6m 0.27% Reduced -9.8k -9,790
85 Janney Montgomery Scott LLC 0.15% of their portfolio PHILADELPHIA, PA 282,728282.7k $53.2m $53.2m 0.15% Reduced -2.0k -2,048
86 Covenant Partners, LLC 16.67% of their portfolio Nashville, TN 273,773273.8k $51.5m $51.5m 16.67% Added +119.9k +119,887
87 Paulson Wealth Management Inc. 14.41% of their portfolio West Palm Beach, FL 272,067272.1k $51.2m $51.2m 14.41% Added +11.2k +11,221
88 Brandywine Global Investment Management, LLC 0.36% of their portfolio PHILADELPHIA, PA 268,699268.7k $50.6m $50.6m 0.36% Added +31.8k +31,785
89 ASSETMARK, INC 0.14% of their portfolio CONCORD, CA 268,291268.3k $50.5m $50.5m 0.14% Reduced -31.8k -31,822
90 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio Boston, MA 263,807263.8k $49.6m $49.6m 0.02% Reduced -220.6k -220,579
91 FSA Wealth Management LLC 20.85% of their portfolio Needham, MA 261,033261.0k $49.1m $49.1m 20.85% Added +7.1k +7,140
92 Badgley Phelps Wealth Managers, LLC 1.12% of their portfolio SEATTLE, WA 245,700245.7k $46.2m $46.2m 1.12% Reduced -80.3k -80,346
93 Wind River Trust Co 19.51% of their portfolio Jackson, WY 241,731241.7k $45.5m $45.5m 19.51% Reduced -11.6k -11,604
94 Graypoint LLC 2.72% of their portfolio Albany, NY 232,117232.1k $43.7m $43.7m 2.72% Added +22.2k +22,213
95 Thrivent Financial for Lutherans 0.10% of their portfolio Minneapolis, MN 229,184229.2k $44.8m $44.8m 0.10% Added +5.6k +5,594
96 CAMBIAR INVESTORS LLC 1.81% of their portfolio Denver, CO 227,071227.1k $42.7m $42.7m 1.81% Reduced -65.7k -65,683
97 CX Institutional 1.60% of their portfolio AUBURN, IN 225,186225.2k $42.4m $42.4m 1.60% Added +31.6k +31,560
98 Cerity Partners LLC 0.09% of their portfolio NEW YORK, NY 221,946221.9k $41.8m $41.8m 0.09% Reduced -7.8k -7,827
99 BLAIR WILLIAM & CO/IL 0.12% of their portfolio CHICAGO, IL 220,143220.1k $41.4m $41.4m 0.12% Added +6.1k +6,098
100 Wealthspire Advisors, LLC 0.25% of their portfolio NEW YORK, NY 218,926218.9k $41.2m $41.2m 0.25% Added +111.6k +111,594