Vault-13

ISHARES TR IWN

RUS 2000 VAL ETF · ETP · CUSIP 464287630

873 institutional holders -63 vs Q4 2022
58,795,93058.8m shares reported held*
$8.1bnreported value*
54 new 276 added 331 reduced 107 sold out net sold ≈ $332.6m (-2.4m 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 ($6.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $137.56. Options: 3 managers hold calls ($6.1m notional), 8 hold puts ($63.1m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 843Q4 22: 936Q1 23: 873873Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022843
Q4 2022936
Q1 2023873

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q4 22: 412 bought or addedQ4 22: 332 cut or sold outQ4 22Q1 23: 330 bought or addedQ1 23: 438 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022412332
Q1 2023330438

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ3 22 calls: $19.6mQ3 22 puts: $205.6mQ3 22P/C 10.47Q4 22 calls: $16.5mQ4 22 puts: $84.4mQ4 22P/C 5.10Q1 23 calls: $6.1mQ1 23 puts: $63.1mQ1 23P/C 10.28
Numbers
QuarterCallsPutsP/C
Q3 2022$19.6m$205.6m10.47
Q4 2022$16.5m$84.4m5.10
Q1 2023$6.1m$63.1m10.28

Biggest buyers

VICTORY CAPITAL MANAGEMENT INC Added +650,940+650.9k
JPMORGAN CHASE & CO Added +617,023+617.0k
GOLDMAN SACHS GROUP INC Added +284,132+284.1k
CRAMER ROSENTHAL MCGLYNN LLC New +246,400+246.4k
Allspring Global Investments Holdings, LLC Added +170,924+170.9k
Composition Wealth, LLC Added +157,526+157.5k
ROYAL BANK OF CANADA Added +120,440+120.4k
Savant Capital, LLC Added +102,237+102.2k
Thrivent Financial for Lutherans Added +97,250+97.2k
United Asset Strategies, Inc. Added +93,835+93.8k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -759,633-759.6k
GW HENSSLER & ASSOCIATES LTD Reduced -454,328-454.3k
BAILARD, INC. Reduced -378,984-379.0k
Summit Rock Advisors, LP Sold out -345,250-345.2k
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC Reduced -338,361-338.4k
EP Wealth Advisors, LLC Reduced -300,209-300.2k
MORGAN STANLEY Reduced -225,218-225.2k
Jasper Ridge Partners, L.P. Reduced -211,626-211.6k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -183,425-183.4k
TOWLE & CO Sold out -179,180-179.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.1m22.4k shares
CITADEL ADVISORS LLC Reduced $3.1m22.3k shares
Cutler Group LLC / CA Reduced $12.0k2.7k shares

Biggest puts

MILLENNIUM MANAGEMENT LLC Unchanged $27.4m200.0k shares
BANK OF AMERICA CORP /DE/ Unchanged $13.7m100.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $12.4m90.6k shares
Parallax Volatility Advisers, L.P. Reduced $6.9m50.0k shares
CITADEL ADVISORS LLC Reduced $1.7m12.1k shares
Clear Harbor Asset Management, LLC New $822.1k6.0k shares
Walleye Trading LLC Reduced $260.3k1.9k shares
Cutler Group LLC / CA Reduced $0300 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.10% of their portfolio NEW YORK, NY 6,680,6876.7m $915.4m $915.4m 0.10% Reduced -225.2k -225,218
2 BANK OF AMERICA CORP /DE/ 0.09% of their portfolio CHARLOTTE, NC 5,453,2165.5m $747.2m $747.2m 0.09% Reduced -759.6k -759,633
3 TIAA, FSB 1.38% of their portfolio ST. LOUIS, MO 2,722,3192.7m $373.0m $373.0m 1.38% Reduced -32.6k -32,629
4 JONES FINANCIAL COMPANIES LLLP 0.46% of their portfolio DES PERES, MO 2,027,5682.0m $277.8m $277.8m 0.46% Added +47.0k +46,952
5 ENVESTNET ASSET MANAGEMENT INC 0.13% of their portfolio Berwyn, PA 2,003,8852.0m $274.6m $274.6m 0.13% Added +48.8k +48,764
6 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 1,481,0071.5m $202.9m $202.9m 0.03% Added +617.0k +617,023
7 GOLDMAN SACHS GROUP INC 0.05% of their portfolio NEW YORK, NY 1,463,0651.5m $200.5m $200.5m 0.05% Added +284.1k +284,132
8 PNC Financial Services Group, Inc. 0.17% of their portfolio Pittsburgh, PA 1,409,0301.4m $193.1m $193.1m 0.17% Added +1.2k +1,227
9 UBS Group AG 0.08% of their portfolio ZURICH, V8 1,269,3291.3m $173.9m $173.9m 0.08% Added +28.4k +28,424
10 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 1,215,1011.2m $166.5m $166.5m 0.05% Reduced -169.9k -169,878
11 Betterment LLC 0.52% of their portfolio NEW YORK, NY 1,166,1601.2m $159.8m $159.8m 0.52% Added +57.9k +57,924
12 COMMONWEALTH EQUITY SERVICES, LLC 0.33% of their portfolio WALTHAM, MA 1,144,0511.1m $156.8m $156.8m 0.33% Added +2.2k +2,208
13 VICTORY CAPITAL MANAGEMENT INC 0.16% of their portfolio San Antonio, TX 1,015,0001.0m $139.1m $139.1m 0.16% Added +650.9k +650,940
14 D.A. DAVIDSON & CO. 1.46% of their portfolio GREAT FALLS, MT 946,667946.7k $129.7m $129.7m 1.46% Added +2.5k +2,507
15 Starboard Value LP 2.47% of their portfolio New York, NY 900,000900.0k $123.3m $123.3m 2.47% Unchanged
16 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 874,025874.0k $119.8m $119.8m 0.02% Reduced -4.3k -4,341
17 Jasper Ridge Partners, L.P. 4.85% of their portfolio MENLO PARK, CA 742,254742.3k $101.7m $101.7m 4.85% Reduced -211.6k -211,626
18 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 707,108707.1k $96.9m $96.9m 0.02% Added +85.2k +85,152
19 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 688,096688.1k $94.3m $94.3m 0.03% Added +120.4k +120,440
20 US BANCORP \DE\ 0.15% of their portfolio MINNEAPOLIS, MN 659,503659.5k $90.4m $90.4m 0.15% Added +3.4k +3,361
21 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 646,347646.3k $88.6m $88.6m 0.07% Reduced -26.0k -26,025
22 TD AMERITRADE INVESTMENT MANAGEMENT, LLC 0.91% of their portfolio OMAHA, NE 645,504645.5k $88.4m $88.4m 0.91% Reduced -32.0k -32,010
23 M&T Bank Corp 0.28% of their portfolio BUFFALO, NY 523,613523.6k $71.7m $71.7m 0.28% Reduced -103.7k -103,687
24 Avantax Planning Partners, Inc. 2.88% of their portfolio DUBUQUE, IA 517,524517.5k $70.9m $70.9m 2.88% Reduced -6.7k -6,651
25 Cassaday & Co Wealth Management LLC 2.96% of their portfolio MCLEAN, VA 506,013506.0k $69.3m $69.3m 2.96% Added +28.8k +28,800
26 Allspring Global Investments Holdings, LLC 0.11% of their portfolio CHARLOTTE, NC 475,228475.2k $65.1m $65.1m 0.11% Added +170.9k +170,924
27 COMMERCE BANK 0.50% of their portfolio KANSAS CITY, MO 462,422462.4k $63.4m $63.4m 0.50% Reduced -21.4k -21,367
28 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 348,896348.9k $47.8m $47.8m 0.02% Added +49.1k +49,122
29 SEI INVESTMENTS CO 0.09% of their portfolio OAKS, PA 345,985346.0k $47.4m $47.4m 0.09% Added +16.5k +16,530
30 AMG National Trust Bank 1.62% of their portfolio GREENWOOD VILLAGE, CO 342,980343.0k $47.0m $47.0m 1.62% Added +791 +791
31 RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio ST PETERSBURG, FL 341,962342.0k $46.9m $46.9m 0.04% Added +10.6k +10,606
32 Badgley Phelps Wealth Managers, LLC 1.64% of their portfolio SEATTLE, WA 325,318325.3k $44.6m $44.6m 1.64% Added +4.2k +4,180
33 BlackRock Inc. 0.00% of their portfolio New York, NY 302,515302.5k $41.5m $41.5m 0.00% Added +2.0k +2,039
34 SVB WEALTH LLC 0.56% of their portfolio BOSTON, MA 294,301294.3k $40.3m $40.3m 0.56% Added +1.3k +1,304
35 WHITTIER TRUST CO 0.73% of their portfolio SOUTH PASADENA, CA 293,564293.6k $40.2m $40.2m 0.73% Added +14.5k +14,464
36 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 291,279291.3k $45.4m $45.4m 0.02% Reduced -10.7k -10,697
37 BROWN ADVISORY INC 0.07% of their portfolio BALTIMORE, MD 285,018285.0k $39.1m $39.1m 0.07% Reduced -24.4k -24,367
38 Facet Wealth, Inc. 2.24% of their portfolio WEST PALM BEACH, FL 270,126270.1k $37.0m $37.0m 2.24% Reduced -5.8k -5,764
39 MAI Capital Management 0.55% of their portfolio INDEPENDENCE, OH 253,620253.6k $34.8m $34.8m 0.55% Reduced -3.0k -3,030
40 TRUIST FINANCIAL CORP 0.06% of their portfolio CHARLOTTE, NC 253,315253.3k $34.7m $34.7m 0.06% Reduced -35.0k -35,033
41 CRAMER ROSENTHAL MCGLYNN LLC 1.52% of their portfolio STAMFORD, CT 246,400246.4k $33.8m $33.8m 1.52% New
42 Composition Wealth, LLC 1.03% of their portfolio LOS ANGELES, CA 233,164233.2k $31.9m $31.9m 1.03% Added +157.5k +157,526
43 Comprehensive Financial Management LLC 0.97% of their portfolio Los Gatos, CA 230,481230.5k $32.0m $32.0m 0.97% Unchanged
44 Veritable, L.P. 0.52% of their portfolio Newtown Square, PA 222,675222.7k $30.5m $30.5m 0.52% Reduced -3.0k -2,997
45 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 221,662221.7k $30.4m $30.4m 0.07% Reduced -2.8k -2,785
46 Modera Wealth Management, LLC 1.16% of their portfolio WESTWOOD, NJ 217,593217.6k $29.8m $29.8m 1.16% Reduced -2.0k -1,962
47 STEPHENS GROUP ASSET MANAGEMENT, LLC 2.93% of their portfolio LITTLE ROCK, AR 197,296197.3k $27.0m $27.0m 2.93% Reduced -277 -277
48 STEPHENS INC /AR/ 0.50% of their portfolio LITTLE ROCK, AR 190,131190.1k $26.1m $26.1m 0.50% Reduced -73.9k -73,914
49 J.P. Morgan Private Wealth Advisors LLC 0.05% of their portfolio SAN FRANCISCO, CA 188,332188.3k $25.8m $25.8m 0.05% Reduced -32.9k -32,930
50 CAPSTONE INVESTMENT ADVISORS, LLC 0.80% of their portfolio NEW YORK, NY 187,818187.8k $25.7m $25.7m 0.80% Reduced -3.8k -3,757
51 CHOREO, LLC 0.90% of their portfolio ROCKFORD, IL 185,340185.3k $25.4m $25.4m 0.90% Reduced -362 -362
52 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 181,895181.9k $24.9m $24.9m 0.05% Reduced -3.9k -3,946
53 Cetera Advisor Networks LLC 0.18% of their portfolio EL SEGUNDO, CA 181,217181.2k $24.8m $24.8m 0.18% Added +7.0k +7,041
54 Waldron Private Wealth LLC 1.16% of their portfolio BRIDGEVILLE, PA 174,013174.0k $23.8m $23.8m 1.16% Added +16.0k +15,955
55 WHITTIER TRUST CO OF NEVADA INC 0.87% of their portfolio RENO, NV 173,553173.6k $23.8m $23.8m 0.87% Added +22.7k +22,704
56 WADE G W & INC 0.89% of their portfolio Wellesley, MA 168,392168.4k $23.1m $23.1m 0.89% Reduced -5.9k -5,946
57 Flaharty Asset Management, LLC 3.96% of their portfolio CLEARWATER, FL 161,945161.9k $22.2m $22.2m 3.96% Added +2.8k +2,814
58 Mariner, LLC 0.06% of their portfolio Overland Park, KS 161,274161.3k $22.1m $22.1m 0.06% Reduced -3.1k -3,082
59 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.06% of their portfolio LOS ANGELES, CA 153,287153.3k $21.0m $21.0m 0.06% Reduced -338.4k -338,361
60 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 153,190153.2k $21.0m $21.0m 0.01% Reduced -11.1k -11,125
61 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 152,485152.5k $20.9m $20.9m 0.04% Reduced -30.1k -30,150
62 SG Americas Securities, LLC 0.28% of their portfolio NEW YORK, NY 151,845151.8k $20.8m $20.8m 0.28% Reduced -17.8k -17,809
63 COURIER CAPITAL LLC 2.23% of their portfolio BUFFALO, NY 146,972147.0k $20.1m $20.1m 2.23% Added +2.4k +2,365
64 FIFTH THIRD BANCORP 0.09% of their portfolio CINCINNATI, OH 146,902146.9k $20.1m $20.1m 0.09% Added +11.6k +11,647
65 Cerity Partners LLC 0.13% of their portfolio NEW YORK, NY 146,004146.0k $50.1m $50.1m 0.13% Reduced -5.6k -5,581
66 HBK Sorce Advisory LLC 0.89% of their portfolio ERIE, PA 143,556143.6k $19.7m $19.7m 0.89% Reduced -157.6k -157,598
67 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 142,755142.8k $19.6m $19.6m 0.03% Added +68.0k +67,965
68 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.24% of their portfolio CHICAGO, IL 141,590141.6k $19.4m $19.4m 0.24% Added +750 +750
69 Savant Capital, LLC 0.35% of their portfolio ROCKFORD, IL 136,278136.3k $18.7m $18.7m 0.35% Added +102.2k +102,237
70 Venture Visionary Partners LLC 1.14% of their portfolio Sylvania, OH 131,864131.9k $18.1m $18.1m 1.14% Added +86.5k +86,490
71 PRUDENTIAL FINANCIAL INC 0.03% of their portfolio NEWARK, NJ 129,189129.2k $17.7m $17.7m 0.03% Reduced -9.0k -9,023
72 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 128,979129.0k $17.7m $17.7m 0.04% Added +26.0k +25,980
73 Zhang Financial LLC 2.01% of their portfolio PORTAGE, MI 128,147128.1k $17.6m $17.6m 2.01% Reduced -3.2k -3,194
74 United Asset Strategies, Inc. 1.20% of their portfolio GARDEN CITY, NY 127,252127.3k $9.1m $9.1m 1.20% Added +93.8k +93,835
75 WoodTrust Financial Corp 3.35% of their portfolio WISCONSIN RAPIDS, WI 126,083126.1k $17.3m $17.3m 3.35% Added +3.3k +3,328
76 JOHNSON INVESTMENT COUNSEL INC 0.23% of their portfolio Cincinnati, OH 125,227125.2k $17.2m $17.2m 0.23% Reduced -2.8k -2,767
77 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 119,549119.5k $16.4m $16.4m 0.02% Added +45.2k +45,180
78 SHAPIRO CAPITAL MANAGEMENT LLC 0.42% of their portfolio ATLANTA, GA 118,961119.0k $16.3m $16.3m 0.42% Added +64.9k +64,868
79 COLONY GROUP LLC 0.24% of their portfolio Boston, MA 117,990118.0k $16.2m $16.2m 0.24% Added +7.0k +7,006
80 Fiduciary Trust Co 0.30% of their portfolio Boston, MA 117,851117.9k $16.1m $16.1m 0.30% Reduced -4.2k -4,232
81 CIBC Private Wealth Group LLC 0.01% of their portfolio ATLANTA, GA 114,502114.5k $10.0m $10.0m 0.01% Added +57.6k +57,570
82 Aristotle Capital Boston, LLC 0.48% of their portfolio BOSTON, MA 114,339114.3k $15.7m $15.7m 0.48% Added +23.4k +23,383
83 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 111,811111.8k $15.3m $15.3m 0.04% Added +97.2k +97,250
84 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 109,170109.2k $15.0m $15.0m 0.03% Reduced -14.9k -14,886
85 FMR LLC 0.00% of their portfolio BOSTON, MA 103,436103.4k $14.2m $14.2m 0.00% Added +49.6k +49,604
86 SYNOVUS FINANCIAL CORP 0.16% of their portfolio Columbus, GA 101,108101.1k $13.9m $13.9m 0.16% Reduced -7 -7
87 Covenant Partners, LLC 5.31% of their portfolio Nashville, TN 101,011101.0k $13.8m $13.8m 5.31% Added +125 +125
88 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 98,33498.3k $13.5m $13.5m 0.02% Reduced -3.3k -3,251
89 NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio MONTREAL, A8 96,46196.5k $12.3m $12.3m 0.03% Added +6.5k +6,508
90 ASPIRIANT, LLC 0.69% of their portfolio San Francisco, CA 96,21596.2k $13.2m $13.2m 0.69% Reduced -1.3k -1,297
91 Tower Research Capital LLC (TRC) 0.41% of their portfolio NEW YORK, NY 94,50094.5k $12.9m $12.9m 0.41% Added +42.6k +42,643
92 CONCENTRIC WEALTH MANAGEMENT, LLC 4.22% of their portfolio LAFAYETTE, CA 93,06693.1k $12.8m $12.8m 4.22% Added +1.0k +1,037
93 Waverly Advisors, LLC 0.62% of their portfolio BIRMINGHAM, AL 86,54986.5k $11.9m $11.9m 0.62% Reduced -2.7k -2,738
94 VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.14% of their portfolio HOUSTON, TX 84,21584.2k $11.5m $11.5m 0.14% Added +9.7k +9,705
95 Powell Investment Advisors, LLC 6.42% of their portfolio MIAMI, FL 84,14984.1k $11.5m $11.5m 6.42% Added +3 +3
96 CHURCHILL MANAGEMENT Corp 0.24% of their portfolio Los Angeles, CA 83,74983.7k $11.5m $11.5m 0.24% Reduced -1.1k -1,113
97 SONATA CAPITAL GROUP INC 6.14% of their portfolio SEATTLE, WA 82,84182.8k $11.4m $11.4m 6.14% Reduced -2.9k -2,884
98 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.08% of their portfolio NEW YORK, NY 81,30281.3k $11.1m $11.1m 0.08% Reduced -90.8k -90,768
99 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 78,19478.2k $10.7m $10.7m 0.01% Reduced -63.6k -63,569
100 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 77,37677.4k $10.6m $10.6m 0.01% Reduced -1.6k -1,597