Vault-13

ISHARES TR IWB

RUS 1000 ETF · ETP · CUSIP 464287622

1,424 institutional holders +27 vs Q2 2025
99,723,24199.7m shares reported held*
$36.4bnreported value*
83 new 379 added 500 reduced 38 sold out net bought ≈ $1.1bn (+3.2m 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 ($24.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $365.21. Options: 3 managers hold calls ($23.2m notional), 3 hold puts ($6.4m).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,005Q4 22: 1,076Q1 23: 1,065Q2 23: 1,108Q3 23: 1,099Q4 23: 1,218Q1 24: 1,228Q2 24: 1,259Q3 24: 1,274Q4 24: 1,361Q1 25: 1,346Q2 25: 1,397Q3 25: 1,4241,424Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 20221,005
Q4 20221,076
Q1 20231,065
Q2 20231,108
Q3 20231,099
Q4 20231,218
Q1 20241,228
Q2 20241,259
Q3 20241,274
Q4 20241,361
Q1 20251,346
Q2 20251,397
Q3 20251,424

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 23: 483 bought or addedQ4 23: 415 cut or sold outQ1 24: 410 bought or addedQ1 24: 518 cut or sold outQ1 24Q2 24: 446 bought or addedQ2 24: 482 cut or sold outQ3 24: 448 bought or addedQ3 24: 487 cut or sold outQ3 24Q4 24: 467 bought or addedQ4 24: 471 cut or sold outQ1 25: 484 bought or addedQ1 25: 527 cut or sold outQ1 25Q2 25: 535 bought or addedQ2 25: 497 cut or sold outQ3 25: 462 bought or addedQ3 25: 538 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023483415
Q1 2024410518
Q2 2024446482
Q3 2024448487
Q4 2024467471
Q1 2025484527
Q2 2025535497
Q3 2025462538

Calls vs puts

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

CallsPuts
$0$25m$50m$75m$100mQ4 24 calls: $25.0mQ4 24 puts: $84.8mQ4 24P/C 3.40Q1 25 calls: $19.8mQ1 25 puts: $47.7mQ1 25P/C 2.41Q2 25 calls: $21.0mQ2 25 puts: $3.3mQ2 25P/C 0.16Q3 25 calls: $23.2mQ3 25 puts: $6.4mQ3 25P/C 0.28
Numbers
QuarterCallsPutsP/C
Q4 2024$25.0m$84.8m3.40
Q1 2025$19.8m$47.7m2.41
Q2 2025$21.0m$3.3m0.16
Q3 2025$23.2m$6.4m0.28

Biggest buyers

JPMORGAN CHASE & CO Added +1,298,028+1.3m
MORGAN STANLEY Added +1,084,252+1.1m
Focus Partners Wealth Added +805,083+805.1k
ALLSTATE CORP Added +437,794+437.8k
JONES FINANCIAL COMPANIES LLLP Added +427,736+427.7k
TIAA TRUST, NATIONAL ASSOCIATION Added +177,359+177.4k
CITIGROUP INC Added +151,168+151.2k
TWO SIGMA INVESTMENTS, LP Added +120,300+120.3k
US BANCORP \DE\ Added +91,632+91.6k
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM Added +91,200+91.2k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -359,105-359.1k
ENVESTNET ASSET MANAGEMENT INC Reduced -271,202-271.2k
ROYAL BANK OF CANADA Reduced -232,617-232.6k
FMR LLC Reduced -158,421-158.4k
Millburn Ridgefield LLC /DE/ Reduced -120,929-120.9k
Catalyst Capital Advisors LLC Reduced -120,929-120.9k
Rockefeller Capital Management L.P. Reduced -120,282-120.3k
M&T Bank Corp Reduced -90,193-90.2k
Legal & General Group Plc Reduced -63,755-63.8k
C M BIDWELL & ASSOCIATES LTD Reduced -52,585-52.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $18.8m51.5k shares
CITADEL ADVISORS LLC Added $2.6m7.0k shares
JANE STREET GROUP, LLC Reduced $1.8m5.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.8m16.0k shares
CITADEL ADVISORS LLC Reduced $365.5k1.0k shares
BANK OF AMERICA CORP /DE/ New $182.7k500 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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JONES FINANCIAL COMPANIES LLLP 2.79% of their portfolio DES PERES, MO 11,256,50211.3m $4.1bn $4.1bn 2.79% Added +427.7k +427,736
2 FMR LLC 0.19% of their portfolio BOSTON, MA 9,975,37210.0m $3.6bn $3.6bn 0.19% Reduced -158.4k -158,421
3 BANK OF AMERICA CORP /DE/ 0.12% of their portfolio CHARLOTTE, NC 4,408,9984.4m $1.6bn $1.6bn 0.12% Reduced -359.1k -359,105
4 ENVESTNET ASSET MANAGEMENT INC 0.44% of their portfolio Berwyn, PA 4,183,6534.2m $1.5bn $1.5bn 0.44% Reduced -271.2k -271,202
5 MORGAN STANLEY 0.07% of their portfolio NEW YORK, NY 2,997,7893.0m $1.1bn $1.1bn 0.07% Added +1.1m +1,084,252
6 M&T Bank Corp 3.48% of their portfolio BUFFALO, NY 2,833,7772.8m $1.0bn $1.0bn 3.48% Reduced -90.2k -90,193
7 NORTHERN TRUST CORP 0.13% of their portfolio CHICAGO, IL 2,750,1922.8m $1.0bn $1.0bn 0.13% Reduced -1.8k -1,794
8 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 2,642,7102.6m $965.9m $965.9m 0.03% Added +1.3m +1,298,028
9 LPL Financial LLC 0.26% of their portfolio FORT MILL, SC 2,447,6882.4m $894.6m $894.6m 0.26% Added +19 +19
10 PNC Financial Services Group, Inc. 0.52% of their portfolio Pittsburgh, PA 2,358,5042.4m $862.0m $862.0m 0.52% Reduced -27.3k -27,272
11 GOLDMAN SACHS GROUP INC 0.10% of their portfolio NEW YORK, NY 1,817,6561.8m $664.3m $664.3m 0.10% Added +37.1k +37,080
12 Focus Partners Wealth 1.03% of their portfolio ST LOUIS, MO 1,739,7491.7m $635.9m $635.9m 1.03% Added +805.1k +805,083
13 BlackRock, Inc. 0.01% of their portfolio New York, NY 1,726,1721.7m $630.9m $630.9m 0.01% Added +69.0k +68,955
14 WELLS FARGO & COMPANY/MN 0.12% of their portfolio SAN FRANCISCO, CA 1,598,4991.6m $584.2m $584.2m 0.12% Reduced -8.1k -8,144
15 Millburn Ridgefield LLC /DE/ 12.79% of their portfolio New York, NY 1,465,7131.5m $535.7m $535.7m 12.79% Reduced -120.9k -120,929
16 Catalyst Capital Advisors LLC 10.81% of their portfolio San Juan, PR 1,465,7131.5m $535.7m $535.7m 10.81% Reduced -120.9k -120,929
17 JOHNSON INVESTMENT COUNSEL INC 4.37% of their portfolio Cincinnati, OH 1,426,3221.4m $521.3m $521.3m 4.37% Added +21.3k +21,288
18 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.33% of their portfolio MILWAUKEE, WI 1,337,5501.3m $488.8m $488.8m 0.33% Reduced -33.3k -33,328
19 BOKF, NA 7.04% of their portfolio TULSA, OK 1,280,0531.3m $467.8m $467.8m 7.04% Reduced -8.9k -8,923
20 CAPTRUST FINANCIAL ADVISORS 0.87% of their portfolio RALEIGH, NC 1,168,5901.2m $427.1m $427.1m 0.87% Reduced -5.3k -5,284
21 Pathstone Holdings, LLC 1.63% of their portfolio ENGLEWOOD, NJ 1,164,5421.2m $425.6m $425.6m 1.63% Reduced -478 -478
22 UBS Group AG 0.07% of their portfolio ZURICH, V8 945,211945.2k $345.5m $345.5m 0.07% Reduced -50.7k -50,661
23 National Mutual Insurance Federation of Agricultural Cooperatives 2.19% of their portfolio TOKYO, JAPAN, M0 791,000791.0k $289.1m $289.1m 2.19% Unchanged
24 MERCER GLOBAL ADVISORS INC /ADV 0.48% of their portfolio DENVER, CO 789,576789.6k $288.6m $288.6m 0.48% Added +6.0k +6,028
25 Cerity Partners LLC 0.45% of their portfolio NEW YORK, NY 757,510757.5k $276.9m $276.9m 0.45% Added +8.1k +8,149
26 US BANCORP \DE\ 0.33% of their portfolio MINNEAPOLIS, MN 751,222751.2k $274.6m $274.6m 0.33% Added +91.6k +91,632
27 TIAA TRUST, NATIONAL ASSOCIATION 0.65% of their portfolio CHARLOTTE, NC 736,306736.3k $268.9m $268.9m 0.65% Added +177.4k +177,359
28 Legacy Wealth Management, LLC 15.55% of their portfolio MEMPHIS, TN 722,592722.6k $264.1m $264.1m 15.55% Reduced -6.3k -6,258
29 Creative Planning 0.18% of their portfolio OVERLAND PARK, KS 655,263655.3k $239.5m $239.5m 0.18% Reduced -2.5k -2,534
30 Capstone Financial Advisors, Inc. 12.96% of their portfolio DOWNERS GROVE, IL 654,417654.4k $239.2m $239.2m 12.96% Reduced -6.8k -6,799
31 RAYMOND JAMES FINANCIAL INC 0.07% of their portfolio ST. PETERSBURG, FL 624,187624.2k $228.1m $228.1m 0.07% Added +44.7k +44,663
32 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 595,705595.7k $217.7m $217.7m 0.04% Reduced -232.6k -232,617
33 Mariner, LLC 0.25% of their portfolio Overland Park, KS 535,599535.6k $195.8m $195.8m 0.25% Reduced -284 -284
34 COMERICA BANK 0.73% of their portfolio DALLAS, TX 534,606534.6k $195.4m $195.4m 0.73% Reduced -19.0k -18,966
35 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.29% of their portfolio PLYMOUTH, MN 524,376524.4k $192.6m $192.6m 0.29% Reduced -18.4k -18,382
36 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 480,734480.7k $175.7m $175.7m 0.04% Added +27.6k +27,613
37 ALLSTATE CORP 3.99% of their portfolio NORTHBROOK, IL 478,415478.4k $174.9m $174.9m 3.99% Added +437.8k +437,794
38 HighTower Advisors, LLC 0.20% of their portfolio CHICAGO, IL 477,372477.4k $174.5m $174.5m 0.20% Reduced -19.8k -19,801
39 HALBERT HARGROVE GLOBAL ADVISORS, LLC 8.47% of their portfolio LONG BEACH, CA 473,717473.7k $173.1m $173.1m 8.47% Added +7.3k +7,252
40 Empower Advisory Group, LLC 0.47% of their portfolio Greenwood Village, CO 466,953467.0k $170.7m $170.7m 0.47% Reduced -11.9k -11,905
41 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.31% of their portfolio TORONTO, A6 462,000462.0k $168.9m $168.9m 0.31% Added +77.0k +77,000
42 IEQ CAPITAL, LLC 0.50% of their portfolio Foster City, CA 450,095450.1k $164.5m $164.5m 0.50% Added +30.7k +30,677
43 TRUIST FINANCIAL CORP 0.21% of their portfolio CHARLOTTE, NC 417,587417.6k $152.6m $152.6m 0.21% Reduced -1.2k -1,152
44 RED CEDAR INVESTMENT MANAGEMENT, LLC 17.87% of their portfolio GRAND RAPIDS, MI 417,193417.2k $152.5m $152.5m 17.87% Reduced -17.0k -16,956
45 FIFTH THIRD BANCORP 0.44% of their portfolio CINCINNATI, OH 373,521373.5k $136.5m $136.5m 0.44% Reduced -14.0k -14,002
46 CIBC Private Wealth Group LLC 0.23% of their portfolio ATLANTA, GA 364,064364.1k $133.1m $133.1m 0.23% Reduced -4.2k -4,168
47 MPS Loria Financial Planners, LLC 32.46% of their portfolio Burr Ridge, IL 334,251334.3k $122.2m $122.2m 32.46% Added +1.9k +1,854
48 Waverly Advisors, LLC 1.20% of their portfolio BIRMINGHAM, AL 328,073328.1k $119.9m $119.9m 1.20% Reduced -3.4k -3,379
49 Cetera Investment Advisers 0.14% of their portfolio SCHAUMBURG, IL 324,930324.9k $118.8m $118.8m 0.14% Added +56.2k +56,224
50 HSBC HOLDINGS PLC 0.07% of their portfolio LONDON, X0 314,542314.5k $115.0m $115.0m 0.07% Reduced -45.5k -45,502
51 BANK OF MONTREAL /CAN/ 0.05% of their portfolio TORONTO, A6 307,577307.6k $112.4m $112.4m 0.05% Added +25.0k +24,964
52 McKinley Carter Wealth Services, Inc. 5.81% of their portfolio WHEELING, WV 302,543302.5k $110.6m $110.6m 5.81% Reduced -1.3k -1,263
53 Arbor Investment Advisors, LLC 14.00% of their portfolio WINSTON SALEM, NC 301,629301.6k $110.2m $110.2m 14.00% Reduced -45.0k -45,047
54 Johns Hopkins University 5.39% of their portfolio BALTIMORE, MD 264,479264.5k $96.7m $96.7m 5.39% Unchanged
55 TWO SIGMA INVESTMENTS, LP 0.14% of their portfolio NEW YORK, NY 257,800257.8k $94.2m $94.2m 0.14% Added +120.3k +120,300
56 Winthrop Advisory Group LLC 8.12% of their portfolio BOSTON, MA 253,891253.9k $92.8m $92.8m 8.12% Reduced -3.2k -3,221
57 AMG National Trust Bank 2.20% of their portfolio GREENWOOD VILLAGE, CO 246,924246.9k $90.2m $90.2m 2.20% Reduced -781 -781
58 Baird Financial Group, Inc. 0.14% of their portfolio MILWAUKEE, WI 234,432234.4k $85.7m $85.7m 0.14% Reduced -1.8k -1,812
59 Ballentine Partners, LLC 1.08% of their portfolio Waltham, MA 212,626212.6k $77.7m $77.7m 1.08% Reduced -2.7k -2,690
60 CITIGROUP INC 0.05% of their portfolio NEW YORK, NY 208,269208.3k $76.1m $76.1m 0.05% Added +151.2k +151,168
61 COLDSTREAM CAPITAL MANAGEMENT INC 1.01% of their portfolio BELLEVUE, WA 206,142206.1k $75.3m $75.3m 1.01% Reduced -6.9k -6,905
62 COMMONWEALTH EQUITY SERVICES, LLC 0.10% of their portfolio WALTHAM, MA 203,708203.7k $74.5m $74.5m 0.10% Reduced -12.1k -12,058
63 JFS WEALTH ADVISORS, LLC 4.33% of their portfolio HERMITAGE, PA 202,607202.6k $74.0m $74.0m 4.33% Reduced -4.2k -4,167
64 BOK Financial Private Wealth, Inc. 4.66% of their portfolio DENVER, CO 202,430202.4k $74.0m $74.0m 4.66% Reduced -5.9k -5,906
65 STIFEL FINANCIAL CORP 0.07% of their portfolio ST. LOUIS, MO 198,378198.4k $72.5m $72.5m 0.07% Added +9.0k +8,975
66 COMMERCE BANK 0.40% of their portfolio KANSAS CITY, MO 197,007197.0k $72.0m $72.0m 0.40% Reduced -4.7k -4,711
67 WASHINGTON TRUST Co 2.34% of their portfolio WESTERLY, RI 194,872194.9k $71.2m $71.2m 2.34% Reduced -642 -642
68 BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio PARIS, I0 183,673183.7k $67.1m $67.1m 0.05% Reduced -1.9k -1,856
69 OSAIC HOLDINGS, INC. 0.09% of their portfolio SCOTTSDALE, AZ 178,199178.2k $64.1m $64.1m 0.09% Added +14.7k +14,653
70 NorthCoast Asset Management LLC 0.25% of their portfolio STAMFORD, CT 178,035178.0k $65.1m $65.1m 0.25% Reduced -6.8k -6,799
71 BRIGHTON JONES LLC 1.55% of their portfolio SEATTLE, WA 176,984177.0k $64.7m $64.7m 1.55% Reduced -814 -814
72 PRINCIPAL SECURITIES, INC. 1.06% of their portfolio DES MOINES, IA 175,983176.0k $64.3m $64.3m 1.06% Reduced -2.9k -2,928
73 Cambridge Investment Research Advisors, Inc. 0.18% of their portfolio FAIRFIELD, IA 175,000175.0k $64.0m $64.0m 0.18% Reduced -1.6k -1,650
74 Wealthspire Advisors, LLC 0.33% of their portfolio NEW YORK, NY 174,426174.4k $63.7m $63.7m 0.33% Reduced -1.5k -1,494
75 OBSIDIAN CIO, LLC 8.29% of their portfolio NEW YORK, NY 172,890172.9k $63.2m $63.2m 8.29% Reduced -4.5k -4,529
76 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 169,024169.0k $61.8m $61.8m 0.01% Reduced -453 -453
77 MML INVESTORS SERVICES, LLC 0.16% of their portfolio SPRINGFIELD, MA 166,827166.8k $61.0m $61.0m 0.16% Reduced -401 -401
78 Enclave Advisors LLC 9.29% of their portfolio AUSTIN, TX 166,363166.4k $60.8m $60.8m 9.29% Reduced -5.8k -5,794
79 BROWN ADVISORY INC 0.08% of their portfolio BALTIMORE, MD 164,913164.9k $60.3m $60.3m 0.08% Reduced -20.6k -20,589
80 Envestnet Portfolio Solutions, Inc. 0.21% of their portfolio BERWYN, PA 157,372157.4k $57.5m $57.5m 0.21% Reduced -17.5k -17,488
81 SCHRODER INVESTMENT MANAGEMENT GROUP 0.04% of their portfolio London, X0 152,560152.6k $55.6m $55.6m 0.04% Added +8.8k +8,810
82 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.10% of their portfolio TALLAHASSEE, FL 151,200151.2k $55.3m $55.3m 0.10% Added +91.2k +91,200
83 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 0.98% of their portfolio BOSTON, MA 146,323146.3k $53.5m $53.5m 0.98% Added +2.6k +2,563
84 Equitable Holdings, Inc. 0.39% of their portfolio NEW YORK, NY 145,981146.0k $53.4m $53.4m 0.39% Added +1.9k +1,862
85 Corient Private Wealth LP 0.08% of their portfolio MIAMI, FL 144,429144.4k $52.6m $52.6m 0.08% Added +8.9k +8,892
86 JT Stratford LLC 7.01% of their portfolio GAINESVILLE, GA 143,241143.2k $52.4m $52.4m 7.01% Added +10.7k +10,670
87 Conservest Capital Advisors, Inc. 4.69% of their portfolio WYNNEWOOD, PA 138,709138.7k $50.7m $50.7m 4.69% Added +286 +286
88 CHOREO, LLC 0.65% of their portfolio ROCKFORD, IL 136,447136.4k $49.9m $49.9m 0.65% Reduced -2.5k -2,541
89 Hippocratic Financial Advisors, LLC 23.33% of their portfolio WESTLAKE VILLAGE, CA 132,706132.7k $48.5m $48.5m 23.33% Added +3.0k +3,012
90 Jordan Park Group LLC 2.76% of their portfolio SAN FRANCISCO, CA 132,193132.2k $48.3m $48.3m 2.76% Reduced -22.9k -22,937
91 AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio Greenwich, CT 128,530128.5k $47.0m $47.0m 0.03% Added +34.6k +34,630
92 NewEdge Advisors, LLC 0.21% of their portfolio NEW ORLEANS, LA 125,017125.0k $45.7m $45.7m 0.21% Added +1.9k +1,863
93 Keel Point, LLC 2.81% of their portfolio HUNTSVILLE, AL 124,893124.9k $45.6m $45.6m 2.81% Added +642 +642
94 Rockefeller Capital Management L.P. 0.09% of their portfolio NEW YORK, NY 124,194124.2k $45.4m $45.4m 0.09% Reduced -120.3k -120,282
95 Trust Co 4.61% of their portfolio MANHATTAN, KS 123,305123.3k $45.1m $45.1m 4.61% Added +1.1k +1,123
96 Financial Management Professionals, Inc. 4.61% of their portfolio AUSTIN, TX 121,190121.2k $44.3m $44.3m 4.61% Added +2.8k +2,752
97 DT Investment Partners, LLC 3.75% of their portfolio CHADDS FORD, PA 121,144121.1k $44.3m $44.3m 3.75% Reduced -6.7k -6,664
98 NIXON PEABODY TRUST CO 3.21% of their portfolio BOSTON, MA 120,036120.0k $43.9m $43.9m 3.21% Reduced -35.9k -35,884
99 Lido Advisors, LLC 0.18% of their portfolio Los Angeles, CA 119,339119.3k $43.6m $43.6m 0.18% Added +4.0k +4,046
100 Brewster Financial Planning LLC 27.28% of their portfolio BROOKLYN, NY 118,692118.7k $43.4m $43.4m 27.28% Reduced -1.1k -1,074