Vault-13

ISHARES TR IWD

RUS 1000 VAL ETF · ETP · CUSIP 464287598

1,905 institutional holders -6 vs Q4 2025
267,005,802267.0m shares reported held*
$57.1bnreported value*
111 new 583 added 708 reduced 106 sold out net sold ≈ $1.4bn (-6.9m 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 ($213.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $213.68. Options: 4 managers hold calls ($117.2m notional), 6 hold puts ($298.4m).

Trends to Q1 2026

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: 1,723Q2 25: 1,740Q3 25: 1,755Q4 25: 1,911Q1 26: 1,9051,905Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q2 20251,740
Q3 20251,755
Q4 20251,911
Q1 20261,905

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 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 25Q2 25: 697 bought or addedQ2 25: 669 cut or sold outQ3 25: 648 bought or addedQ3 25: 688 cut or sold outQ3 25Q4 25: 786 bought or addedQ4 25: 609 cut or sold outQ1 26: 694 bought or addedQ1 26: 814 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024562630
Q3 2024638576
Q4 2024736556
Q1 2025634764
Q2 2025697669
Q3 2025648688
Q4 2025786609
Q1 2026694814

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bnQ2 25 calls: $138.4mQ2 25 puts: $1.1bnQ2 25P/C 7.70Q3 25 calls: $67.8mQ3 25 puts: $1.1bnQ3 25P/C 15.87Q4 25 calls: $111.1mQ4 25 puts: $738.1mQ4 25P/C 6.64Q1 26 calls: $117.2mQ1 26 puts: $298.4mQ1 26P/C 2.55
Numbers
QuarterCallsPutsP/C
Q2 2025$138.4m$1.1bn7.70
Q3 2025$67.8m$1.1bn15.87
Q4 2025$111.1m$738.1m6.64
Q1 2026$117.2m$298.4m2.55

Biggest buyers

MORGAN STANLEY Added +2,563,670+2.6m
FRANKLIN RESOURCES INC Added +1,953,892+2.0m
JONES FINANCIAL COMPANIES LLLP Added +1,133,838+1.1m
FIFTH THIRD BANCORP Added +910,889+910.9k
VICTORY CAPITAL MANAGEMENT INC Added +767,726+767.7k
FMR LLC Added +678,444+678.4k
NATIXIS ADVISORS, LLC Added +666,853+666.9k
Cerity Partners LLC Added +363,301+363.3k
TWO SIGMA INVESTMENTS, LP Added +321,241+321.2k
PRUDENTIAL FINANCIAL INC Added +313,555+313.6k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -6,112,118-6.1m
TIAA TRUST, NATIONAL ASSOCIATION Reduced -1,113,399-1.1m
WELLS FARGO & COMPANY/MN Reduced -881,023-881.0k
ENVESTNET ASSET MANAGEMENT INC Reduced -857,851-857.9k
Corient Private Wealth LP Reduced -856,067-856.1k
JPMORGAN CHASE & CO Reduced -606,550-606.5k
CONFLUENCE INVESTMENT MANAGEMENT LLC Reduced -550,510-550.5k
Diamond Hill Capital Management, LLC (Investment Advisor) Reduced -530,336-530.3k
Mizuho Bank, Ltd. Sold out -480,000-480.0k
STIFEL FINANCIAL CORP Reduced -450,504-450.5k

Biggest calls

UBS Group AG Unchanged $64.1m300.0k shares
JANE STREET GROUP, LLC Added $23.1m108.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $19.0m89.1k shares
CITADEL ADVISORS LLC Reduced $10.9m51.2k shares

Biggest puts

Elliott Investment Management L.P. Reduced $213.7m1.0m shares
UBS Group AG Unchanged $64.1m300.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $10.8m50.7k shares
HBK INVESTMENTS L P Unchanged $5.7m26.6k shares
CITADEL ADVISORS LLC Reduced $3.3m15.3k shares
LOGAN CAPITAL MANAGEMENT INC New $854.7k4.0k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.72% of their portfolio CHARLOTTE, NC 46,144,49846.1m $9.9bn $9.9bn 0.72% Reduced -6.1m -6,112,118
2 MORGAN STANLEY 0.54% of their portfolio NEW YORK, NY 42,227,25742.2m $9.0bn $9.0bn 0.54% Added +2.6m +2,563,670
3 GOLDMAN SACHS GROUP INC 0.33% of their portfolio NEW YORK, NY 11,634,55311.6m $2.5bn $2.5bn 0.33% Added +74.3k +74,349
4 FMR LLC 0.10% of their portfolio BOSTON, MA 9,290,6879.3m $2.0bn $2.0bn 0.10% Added +678.4k +678,444
5 JPMORGAN CHASE & CO 0.12% of their portfolio NEW YORK, NY 8,645,1608.6m $1.8bn $1.8bn 0.12% Reduced -606.5k -606,550
6 Financial Engines Advisors L.L.C. 3.48% of their portfolio SANTA CLARA, CA 8,019,2248.0m $1.7bn $1.7bn 3.48% Reduced -398.7k -398,730
7 ENVESTNET ASSET MANAGEMENT INC 0.39% of their portfolio Berwyn, PA 6,888,4906.9m $1.5bn $1.5bn 0.39% Reduced -857.9k -857,851
8 UBS Group AG 0.25% of their portfolio ZURICH, V8 6,579,0346.6m $1.4bn $1.4bn 0.25% Reduced -32.5k -32,486
9 Baird Financial Group, Inc. 2.01% of their portfolio MILWAUKEE, WI 6,026,7786.0m $1.3bn $1.3bn 2.01% Added +178.1k +178,139
10 RAYMOND JAMES FINANCIAL INC 0.36% of their portfolio ST. PETERSBURG, FL 5,512,5275.5m $1.2bn $1.2bn 0.36% Added +133.3k +133,321
11 NORTHERN TRUST CORP 0.15% of their portfolio CHICAGO, IL 5,157,2215.2m $1.1bn $1.1bn 0.15% Added +228.6k +228,571
12 WELLS FARGO & COMPANY/MN 0.21% of their portfolio SAN FRANCISCO, CA 5,014,7465.0m $1.1bn $1.1bn 0.21% Reduced -881.0k -881,023
13 LPL Financial LLC 0.24% of their portfolio FORT MILL, SC 4,284,7924.3m $915.5m $915.5m 0.24% Reduced -5.7k -5,710
14 PRUDENTIAL FINANCIAL INC 0.98% of their portfolio NEWARK, NJ 3,736,0553.7m $798.3m $798.3m 0.98% Added +313.6k +313,555
15 M&T Bank Corp 2.59% of their portfolio BUFFALO, NY 3,545,0833.5m $757.5m $757.5m 2.59% Reduced -240.0k -239,962
16 PNC Financial Services Group, Inc. 0.42% of their portfolio Pittsburgh, PA 3,385,9623.4m $723.5m $723.5m 0.42% Reduced -171.6k -171,627
17 Pinnacle Financial Partners, Inc. 5.31% of their portfolio ATLANTA, GA 3,245,8253.2m $693.5m $693.5m 5.31% Reduced -18.0k -17,975
18 JONES FINANCIAL COMPANIES LLLP 0.27% of their portfolio DES PERES, MO 2,641,1532.6m $554.8m $554.8m 0.27% Added +1.1m +1,133,838
19 Jasper Ridge Partners, L.P. 11.73% of their portfolio MENLO PARK, CA 2,467,1552.5m $527.2m $527.2m 11.73% Reduced -57.5k -57,529
20 FRANKLIN RESOURCES INC 0.12% of their portfolio San Mateo, CA 2,364,3032.4m $505.2m $505.2m 0.12% Added +2.0m +1,953,892
21 ROYAL BANK OF CANADA 0.09% of their portfolio TORONTO, A6 2,217,9092.2m $473.9m $473.9m 0.09% Reduced -322.7k -322,747
22 TRUIST FINANCIAL CORP 0.62% of their portfolio CHARLOTTE, NC 2,161,7702.2m $461.9m $461.9m 0.62% Reduced -182.8k -182,804
23 GLOBALT Investments LLC / GA 13.33% of their portfolio Atlanta, GA 1,749,1041.7m $373.7m $373.7m 13.33% Added +62.4k +62,425
24 COMMONWEALTH EQUITY SERVICES, LLC 0.48% of their portfolio WALTHAM, MA 1,606,2421.6m $343.2m $343.2m 0.48% Reduced -119.8k -119,782
25 Rockefeller Capital Management L.P. 0.58% of their portfolio NEW YORK, NY 1,538,7571.5m $328.8m $328.8m 0.58% Added +98.3k +98,256
26 STIFEL FINANCIAL CORP 0.29% of their portfolio ST. LOUIS, MO 1,465,8081.5m $313.2m $313.2m 0.29% Reduced -450.5k -450,504
27 Focus Partners Wealth 0.34% of their portfolio ST LOUIS, MO 1,414,2701.4m $302.3m $302.3m 0.34% Added +1.5k +1,462
28 Stairway Partners, LLC 14.74% of their portfolio MINNEAPOLIS, MN 1,331,3641.3m $284.5m $284.5m 14.74% Added +8.3k +8,307
29 NATIXIS ADVISORS, LLC 0.38% of their portfolio Boston, MA 1,275,6241.3m $272.6m $272.6m 0.38% Added +666.9k +666,853
30 71 West Capital Partners 11.88% of their portfolio BOSTON, MA 1,264,3281.3m $270.1m $270.1m 11.88% Added +123.0k +123,007
31 Cetera Investment Advisers 0.28% of their portfolio SCHAUMBURG, IL 1,229,6731.2m $262.7m $262.7m 0.28% Reduced -65.9k -65,902
32 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 1,192,0231.2m $254.8m $254.8m 0.06% Reduced -205.9k -205,881
33 FIFTH THIRD BANCORP 0.47% of their portfolio CINCINNATI, OH 1,191,7681.2m $254.6m $254.6m 0.47% Added +910.9k +910,889
34 CITIGROUP INC 0.15% of their portfolio NEW YORK, NY 1,098,5011.1m $234.7m $234.7m 0.15% Reduced -151.7k -151,735
35 HighTower Advisors, LLC 0.25% of their portfolio CHICAGO, IL 1,089,6451.1m $232.8m $232.8m 0.25% Reduced -10.0k -9,971
36 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.87% of their portfolio CHARLOTTE, NC 1,064,2271.1m $227.4m $227.4m 0.87% First filing
37 Bank of New York Mellon Corp 0.04% of their portfolio NEW YORK, NY 903,575903.6k $193.1m $193.1m 0.04% Added +45.3k +45,283
38 Waldron Private Wealth LLC 7.25% of their portfolio BRIDGEVILLE, PA 869,615869.6k $185.8m $185.8m 7.25% Reduced -11.3k -11,330
39 OAKWORTH CAPITAL, INC. 9.76% of their portfolio BIRMINGHAM, AL 862,297862.3k $184.2m $184.2m 9.76% Added +27.3k +27,261
40 Cerity Partners LLC 0.25% of their portfolio NEW YORK, NY 815,582815.6k $174.3m $174.3m 0.25% Added +363.3k +363,301
41 BNP PARIBAS FINANCIAL MARKETS 0.11% of their portfolio PARIS, I0 806,760806.8k $172.4m $172.4m 0.11% Reduced -246.4k -246,444
42 Pacific Life Fund Advisors LLC 19.72% of their portfolio NEWPORT BEACH, CA 803,474803.5k $171.7m $171.7m 19.72% Reduced -240.2k -240,169
43 US BANCORP \DE\ 0.21% of their portfolio MINNEAPOLIS, MN 800,890800.9k $171.1m $171.1m 0.21% Reduced -23.2k -23,200
44 Corient Private Wealth LP 0.24% of their portfolio MIAMI, FL 781,926781.9k $166.0m $166.0m 0.24% Reduced -856.1k -856,067
45 VICTORY CAPITAL MANAGEMENT INC 0.11% of their portfolio San Antonio, TX 780,824780.8k $166.8m $166.8m 0.11% Added +767.7k +767,726
46 OpenArc Corporate Advisory, LLC 2.29% of their portfolio ATLANTA, GA 747,074747.1k $159.6m $159.6m 2.29% Added +73.7k +73,719
47 BROWN ADVISORY INC 0.26% of their portfolio BALTIMORE, MD 738,840738.8k $157.9m $157.9m 0.26% Added +119.0k +119,023
48 OSAIC HOLDINGS, INC. 0.22% of their portfolio SCOTTSDALE, AZ 713,313713.3k $152.4m $152.4m 0.22% Added +102.1k +102,074
49 COMMERCE BANK 0.73% of their portfolio KANSAS CITY, MO 706,802706.8k $151.0m $151.0m 0.73% Reduced -18.6k -18,554
50 Circle Wealth Management, LLC 2.05% of their portfolio SUMMIT, NJ 672,670672.7k $143.7m $143.7m 2.05% Added +37 +37
51 Dynasty Wealth Management, LLC 1.23% of their portfolio ST. PETERSBURG, FL 658,371658.4k $140.7m $140.7m 1.23% Added +262.5k +262,534
52 TIAA Wealth Investment Management LLC 1.03% of their portfolio New York, NY 645,769645.8k $135.2m $135.2m 1.03% First filing
53 BlackRock, Inc. 0.00% of their portfolio New York, NY 640,223640.2k $136.8m $136.8m 0.00% Added +270.8k +270,786
54 1ST SOURCE BANK 6.86% of their portfolio SOUTH BEND, IN 621,889621.9k $132.9m $132.9m 6.86% Added +11.7k +11,697
55 STEPHENS INC /AR/ 1.56% of their portfolio LITTLE ROCK, AR 582,984583.0k $124.6m $124.6m 1.56% Reduced -38.2k -38,177
56 Creative Planning 0.08% of their portfolio OVERLAND PARK, KS 536,891536.9k $114.7m $114.7m 0.08% Reduced -2.6k -2,573
57 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.24% of their portfolio PLYMOUTH, MN 497,878497.9k $107.3m $107.3m 0.24% Reduced -154.1k -154,149
58 Mariner, LLC 0.12% of their portfolio Overland Park, KS 478,153478.2k $102.2m $102.2m 0.12% Reduced -53.3k -53,343
59 Pathstone Holdings, LLC 0.40% of their portfolio ENGLEWOOD, NJ 469,622469.6k $100.3m $100.3m 0.40% Reduced -19.0k -19,016
60 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 460,764460.8k $98.5m $98.5m 0.06% Added +11.3k +11,281
61 CAPTRUST FINANCIAL ADVISORS 0.16% of their portfolio RALEIGH, NC 435,644435.6k $93.1m $93.1m 0.16% Added +21.3k +21,332
62 Cullen/Frost Bankers, Inc. 1.06% of their portfolio San Antonio, TX 435,078435.1k $93.0m $93.0m 1.06% Added +32.0k +32,020
63 STEPHENS GROUP ASSET MANAGEMENT, LLC 5.87% of their portfolio LITTLE ROCK, AR 431,178431.2k $92.1m $92.1m 5.87% Added +425 +425
64 BANK OF NOVA SCOTIA 0.16% of their portfolio TORONTO, A6 425,570425.6k $90.9m $90.9m 0.16% Reduced -8.3k -8,310
65 Cassaday & Co Wealth Management LLC 1.90% of their portfolio MCLEAN, VA 417,951418.0k $89.3m $89.3m 1.90% Reduced -4.6k -4,627
66 CHOREO, LLC 1.06% of their portfolio ROCKFORD, IL 402,812402.8k $86.1m $86.1m 1.06% Added +4.4k +4,391
67 MML INVESTORS SERVICES, LLC 0.24% of their portfolio SPRINGFIELD, MA 401,072401.1k $85.7m $85.7m 0.24% Reduced -54.2k -54,212
68 EQUITY INVESTMENT CORP 1.68% of their portfolio ATLANTA, GA 400,595400.6k $85.6m $85.6m 1.68% Reduced -111.5k -111,539
69 Cedar Mountain Advisors, LLC 16.51% of their portfolio LAKE OSWEGO, OR 395,176395.2k $84.4m $84.4m 16.51% Reduced -7.4k -7,376
70 Marquette Asset Management, LLC 12.57% of their portfolio MINNEAPOLIS, MN 393,580393.6k $84.1m $84.1m 12.57% Added +9.8k +9,809
71 Steward Partners Investment Advisory, LLC 0.41% of their portfolio STAMFORD, CT 380,721380.7k $81.3m $81.3m 0.41% Added +70.8k +70,782
72 LANDAAS & CO /WI /ADV 17.51% of their portfolio MILWAUKEE, WI 373,523373.5k $79.8m $79.8m 17.51% Added +8.3k +8,326
73 Modera Wealth Management, LLC 0.93% of their portfolio WESTWOOD, NJ 363,520363.5k $77.7m $77.7m 0.93% Reduced -1.3k -1,259
74 MAI Capital Management 0.44% of their portfolio INDEPENDENCE, OH 361,067361.1k $77.1m $77.1m 0.44% Reduced -1.0k -1,033
75 StoneX Group Inc. 4.13% of their portfolio NEW YORK, NY 359,068359.1k $76.7m $76.7m 4.13% Added +1.6k +1,563
76 MONETA GROUP INVESTMENT ADVISORS LLC 0.57% of their portfolio ST LOUIS, MO 354,938354.9k $75.8m $75.8m 0.57% Added +25.5k +25,528
77 Equitable Holdings, Inc. 0.56% of their portfolio NEW YORK, NY 343,631343.6k $87.0m $87.0m 0.56% Reduced -18.8k -18,807
78 MV CAPITAL MANAGEMENT, INC. 7.15% of their portfolio BETHESDA, MD 340,930340.9k $72.8m $72.8m 7.15% Reduced -21.4k -21,393
79 Beacon Pointe Advisors, LLC 0.38% of their portfolio NEWPORT BEACH, CA 338,727338.7k $72.4m $72.4m 0.38% Reduced -74.4k -74,368
80 Thrivent Financial for Lutherans 0.14% of their portfolio Minneapolis, MN 336,524336.5k $71.9m $71.9m 0.14% Reduced -2.1k -2,119
81 Private Advisor Group, LLC 0.33% of their portfolio MORRISTOWN, NJ 333,796333.8k $71.3m $71.3m 0.33% Reduced -2.5k -2,546
82 TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio NEW YORK, NY 331,246331.2k $70.8m $70.8m 0.06% Added +321.2k +321,241
83 Cresset Asset Management, LLC 0.30% of their portfolio Chicago, IL 324,494324.5k $69.3m $69.3m 0.30% Added +26.5k +26,521
84 Allworth Financial LP 0.27% of their portfolio FOLSOM, CA 315,598315.6k $67.4m $67.4m 0.27% Reduced -4.9k -4,886
85 Lido Advisors, LLC 0.26% of their portfolio Los Angeles, CA 309,810309.8k $66.2m $66.2m 0.26% Added +127.5k +127,471
86 EP Wealth Advisors, LLC 0.32% of their portfolio TORRANCE, CA 303,087303.1k $64.8m $64.8m 0.32% Reduced -5.3k -5,265
87 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.18% of their portfolio LOS ANGELES, CA 285,437285.4k $61.0m $61.0m 0.18% Added +137.3k +137,324
88 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 282,693282.7k $60.4m $60.4m 0.02% Added +30.2k +30,158
89 Paulson Wealth Management Inc. 13.70% of their portfolio West Palm Beach, FL 273,546273.5k $58.4m $58.4m 13.70% Added +3.1k +3,062
90 Janney Montgomery Scott LLC 0.14% of their portfolio PHILADELPHIA, PA 272,858272.9k $58.3m $58.3m 0.14% Reduced -53.2k -53,177
91 Waverly Advisors, LLC 0.44% of their portfolio BIRMINGHAM, AL 272,542272.5k $58.2m $58.2m 0.44% Reduced -8.2k -8,205
92 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio Boston, MA 270,091270.1k $57.7m $57.7m 0.02% Added +79.3k +79,298
93 SMI Advisory Services, LLC 9.63% of their portfolio COLUMBUS, IN 269,894269.9k $58.5m $58.5m 9.63% Added +15.2k +15,150
94 First Business Financial Services, Inc. 5.06% of their portfolio MADISON, WI 266,206266.2k $56.9m $56.9m 5.06% Added +3.8k +3,783
95 BLAIR WILLIAM & CO/IL 0.16% of their portfolio CHICAGO, IL 259,648259.6k $55.5m $55.5m 0.16% Added +10.9k +10,913
96 BRIDGES INVESTMENT MANAGEMENT INC 0.74% of their portfolio OMAHA, NE 257,253257.3k $55.0m $55.0m 0.74% Reduced -10.4k -10,373
97 Badgley Phelps Wealth Managers, LLC 1.07% of their portfolio SEATTLE, WA 251,502251.5k $53.7m $53.7m 1.07% Reduced -32.8k -32,778
98 HB Wealth Management, LLC 0.33% of their portfolio Atlanta, GA 236,311236.3k $50.5m $50.5m 0.33% Added +1.6k +1,595
99 Wind River Trust Co 18.65% of their portfolio Jackson, WY 231,399231.4k $49.4m $49.4m 18.65% Reduced -2.3k -2,306
100 MERCER GLOBAL ADVISORS INC /ADV 0.07% of their portfolio DENVER, CO 230,984231.0k $49.4m $49.4m 0.07% Added +22.4k +22,377