Vault-13

ISHARES TR IWN

RUS 2000 VAL ETF · ETP · CUSIP 464287630

889 institutional holders +1 vs Q2 2023
56,779,85456.8m shares reported held*
$7.7bnreported value*
68 new 226 added 331 reduced 65 sold out net sold ≈ $260.7m (-8.5m 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 ($9.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $135.03. Options: 8 managers hold calls ($29.7m notional), 11 hold puts ($59.4m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 843Q4 22: 936Q1 23: 873Q2 23: 888Q3 23: 889889Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022843
Q4 2022936
Q1 2023873
Q2 2023888
Q3 2023889

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 23Q2 23: 318 bought or addedQ2 23: 397 cut or sold outQ2 23Q3 23: 294 bought or addedQ3 23: 396 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022412332
Q1 2023330438
Q2 2023318397
Q3 2023294396

Calls vs puts

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

CallsPuts
$0$25m$50m$75m$100mQ4 22 calls: $16.5mQ4 22 puts: $84.4mQ4 22P/C 5.10Q1 23 calls: $6.1mQ1 23 puts: $63.1mQ1 23P/C 10.28Q2 23 calls: $24.2mQ2 23 puts: $63.5mQ2 23P/C 2.62Q3 23 calls: $29.7mQ3 23 puts: $59.4mQ3 23P/C 2.00
Numbers
QuarterCallsPutsP/C
Q4 2022$16.5m$84.4m5.10
Q1 2023$6.1m$63.1m10.28
Q2 2023$24.2m$63.5m2.62
Q3 2023$29.7m$59.4m2.00

Biggest buyers

Starboard Value LP Added +650,000+650.0k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC New +577,579+577.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +480,410+480.4k
PATHSTONE FAMILY OFFICE, LLC Added +452,492+452.5k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +256,378+256.4k
PICTON MAHONEY ASSET MANAGEMENT New +158,980+159.0k
Azarias Capital Management, L.P. New +139,145+139.1k
COMERICA BANK New +114,687+114.7k
CW Advisors, LLC New +75,083+75.1k
FRANKLIN RESOURCES INC Added +69,376+69.4k

Biggest sellers

Bishop & Co Investment Management, LLC Reduced -6,436,537-6.4m
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. Reduced -798,277-798.3k
MORGAN STANLEY Reduced -647,117-647.1k
TD AMERITRADE INVESTMENT MANAGEMENT, LLC Reduced -617,919-617.9k
WELLINGTON MANAGEMENT GROUP LLP Reduced -545,502-545.5k
EP Wealth Advisors, LLC Reduced -359,272-359.3k
GOLDMAN SACHS GROUP INC Reduced -349,802-349.8k
VICTORY CAPITAL MANAGEMENT INC Reduced -337,000-337.0k
Veritable, L.P. Sold out -222,026-222.0k
Composition Wealth, LLC Reduced -150,031-150.0k

Biggest calls

CITADEL ADVISORS LLC Added $14.6m107.6k shares
GTS SECURITIES LLC New $8.1m59.7k shares
Belvedere Trading LLC Reduced $2.7m20.1k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $1.9m14.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.8m13.5k shares
WOLVERINE TRADING, LLC Reduced $311.8k2.3k shares
Walleye Trading LLC Reduced $149.1k1.1k shares
Cutler Group LLC / CA Added $102.0k20.4k shares

Biggest puts

MILLENNIUM MANAGEMENT LLC Unchanged $27.1m200.0k shares
BANK OF AMERICA CORP /DE/ Unchanged $13.6m100.0k shares
Parallax Volatility Advisers, L.P. Unchanged $6.8m50.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.7m49.5k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $1.6m11.9k shares
WOLVERINE TRADING, LLC Reduced $1.2m9.0k shares
GTS SECURITIES LLC New $1.0m7.4k shares
CITADEL ADVISORS LLC Reduced $772.6k5.7k shares
Walleye Trading LLC Reduced $379.5k2.8k shares
Walleye Capital LLC Unchanged $257.5k1.9k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.09% of their portfolio NEW YORK, NY 6,397,2546.4m $867.1m $867.1m 0.09% Reduced -647.1k -647,117
2 BANK OF AMERICA CORP /DE/ 0.09% of their portfolio CHARLOTTE, NC 5,473,1175.5m $741.9m $741.9m 0.09% Added +29.8k +29,820
3 TIAA TRUST, NATIONAL ASSOCIATION 1.22% of their portfolio CHARLOTTE, NC 2,490,3532.5m $337.6m $337.6m 1.22% First filing
4 JONES FINANCIAL COMPANIES LLLP 0.48% of their portfolio DES PERES, MO 2,175,8412.2m $294.9m $294.9m 0.48% Added +57.3k +57,266
5 ENVESTNET ASSET MANAGEMENT INC 0.13% of their portfolio Berwyn, PA 2,023,0922.0m $274.2m $274.2m 0.13% Reduced -15.8k -15,763
6 Starboard Value LP 5.38% of their portfolio New York, NY 1,550,0001.6m $210.1m $210.1m 5.38% Added +650.0k +650,000
7 PNC Financial Services Group, Inc. 0.16% of their portfolio Pittsburgh, PA 1,373,3231.4m $186.2m $186.2m 0.16% Reduced -35.0k -34,979
8 COMMONWEALTH EQUITY SERVICES, LLC 0.33% of their portfolio WALTHAM, MA 1,176,0511.2m $159.4m $159.4m 0.33% Added +21.2k +21,223
9 UBS Group AG 0.07% of their portfolio ZURICH, V8 1,168,4751.2m $158.4m $158.4m 0.07% Reduced -18.3k -18,299
10 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 1,096,9071.1m $148.7m $148.7m 0.04% Reduced -349.8k -349,802
11 Betterment LLC 0.45% of their portfolio NEW YORK, NY 1,058,7011.1m $143.5m $143.5m 0.45% Reduced -13.1k -13,140
12 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 1,045,2831.0m $141.7m $141.7m 0.04% Reduced -36.6k -36,647
13 D.A. DAVIDSON & CO. 1.47% of their portfolio GREAT FALLS, MT 999,930999.9k $135.5m $135.5m 1.47% Added +17.1k +17,137
14 Alaska Permanent Fund Corp 2.25% of their portfolio JUNEAU, AK 881,519881.5k $119.5m $119.5m 2.25% Reduced -35.0k -34,981
15 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 820,505820.5k $111.2m $111.2m 0.02% Reduced -41.3k -41,270
16 US BANCORP \DE\ 0.15% of their portfolio MINNEAPOLIS, MN 697,961698.0k $92.9m $92.9m 0.15% Added +22.5k +22,499
17 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 624,700624.7k $84.7m $84.7m 0.02% Reduced -49.6k -49,626
18 VICTORY CAPITAL MANAGEMENT INC 0.10% of their portfolio San Antonio, TX 613,000613.0k $83.1m $83.1m 0.10% Reduced -337.0k -337,000
19 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 600,421600.4k $81.4m $81.4m 0.06% Added +9.2k +9,189
20 Allspring Global Investments Holdings, LLC 0.14% of their portfolio CHARLOTTE, NC 581,684581.7k $78.8m $78.8m 0.14% Reduced -121.2k -121,169
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 577,579577.6k $78.3m $78.3m 0.02% New
22 Avantax Planning Partners, Inc. 3.17% of their portfolio DUBUQUE, IA 559,021559.0k $75.8m $75.8m 3.17% Added +9.0k +9,043
23 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 541,748541.7k $73.4m $73.4m 0.02% Added +27.3k +27,288
24 Cassaday & Co Wealth Management LLC 2.97% of their portfolio MCLEAN, VA 524,608524.6k $71.1m $71.1m 2.97% Added +6.7k +6,693
25 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.10% of their portfolio BALA CYNWYD, PA 487,546487.5k $66.1m $66.1m 0.10% Added +480.4k +480,410
26 PATHSTONE FAMILY OFFICE, LLC 0.26% of their portfolio ENGLEWOOD, NJ 476,802476.8k $33.5m $33.5m 0.26% Added +452.5k +452,492
27 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 461,268461.3k $62.5m $62.5m 0.01% Reduced -62.3k -62,324
28 M&T Bank Corp 0.25% of their portfolio BUFFALO, NY 458,368458.4k $62.1m $62.1m 0.25% Reduced -22.6k -22,635
29 COMMERCE BANK 0.46% of their portfolio KANSAS CITY, MO 433,621433.6k $58.8m $58.8m 0.46% Reduced -8.6k -8,606
30 Jasper Ridge Partners, L.P. 2.63% of their portfolio MENLO PARK, CA 412,827412.8k $56.0m $56.0m 2.63% Reduced -9.8k -9,791
31 Corient Private Wealth LP 0.11% of their portfolio MIAMI, FL 392,248392.2k $49.0m $49.0m 0.11% Added +11.5k +11,457
32 Badgley Phelps Wealth Managers, LLC 1.49% of their portfolio SEATTLE, WA 322,094322.1k $43.7m $43.7m 1.49% Reduced -5.7k -5,729
33 AMG National Trust Bank 1.52% of their portfolio GREENWOOD VILLAGE, CO 321,372321.4k $43.6m $43.6m 1.52% Reduced -5.4k -5,378
34 SEI INVESTMENTS CO 0.08% of their portfolio OAKS, PA 311,841311.8k $42.3m $42.3m 0.08% Added +11.3k +11,270
35 BROWN ADVISORY INC 0.06% of their portfolio BALTIMORE, MD 289,959290.0k $39.3m $39.3m 0.06% Added +5.9k +5,909
36 WHITTIER TRUST CO 0.70% of their portfolio SOUTH PASADENA, CA 289,818289.8k $39.3m $39.3m 0.70% Reduced -21.2k -21,218
37 Facet Wealth, Inc. 1.79% of their portfolio WEST PALM BEACH, FL 286,504286.5k $36.5m $36.5m 1.79% Reduced -27.7k -27,697
38 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.12% of their portfolio PLYMOUTH, MN 261,021261.0k $35.4m $35.4m 0.12% Added +256.4k +256,378
39 Raymond James Financial Services Advisors, Inc. 0.06% of their portfolio ST. PETERSBURG, FL 251,452251.5k $34.1m $34.1m 0.06% Added +3.3k +3,275
40 MAI Capital Management 0.51% of their portfolio INDEPENDENCE, OH 250,433250.4k $33.9m $33.9m 0.51% Reduced -377 -377
41 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 248,513248.5k $34.8m $34.8m 0.01% Reduced -62.4k -62,387
42 SVB WEALTH LLC 0.71% of their portfolio BOSTON, MA 237,464237.5k $32.2m $32.2m 0.71% Reduced -20.9k -20,920
43 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 230,915230.9k $31.3m $31.3m 0.03% Reduced -1.4k -1,419
44 Comprehensive Financial Management LLC 1.14% of their portfolio Los Gatos, CA 230,481230.5k $31.5m $31.5m 1.14% Unchanged
45 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 228,767228.8k $31.0m $31.0m 0.05% Reduced -3.5k -3,485
46 HighTower Advisors, LLC 0.06% of their portfolio CHICAGO, IL 221,890221.9k $30.1m $30.1m 0.06% Added +2.2k +2,177
47 STEPHENS GROUP ASSET MANAGEMENT, LLC 3.08% of their portfolio LITTLE ROCK, AR 210,966211.0k $28.6m $28.6m 3.08% Reduced -27.3k -27,263
48 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 199,437199.4k $31.1m $31.1m 0.01% Reduced -47.6k -47,568
49 STEPHENS INC /AR/ 0.51% of their portfolio LITTLE ROCK, AR 195,739195.7k $26.5m $26.5m 0.51% Reduced -6.0k -6,042
50 CHOREO, LLC 0.94% of their portfolio ROCKFORD, IL 194,045194.0k $26.5m $26.5m 0.94% Added +746 +746
51 Rockefeller Capital Management L.P. 0.10% of their portfolio NEW YORK, NY 185,881185.9k $25.2m $25.2m 0.10% Added +5.6k +5,574
52 CAPSTONE INVESTMENT ADVISORS, LLC 0.66% of their portfolio NEW YORK, NY 183,834183.8k $24.9m $24.9m 0.66% Added +48.5k +48,537
53 BlackRock Inc. 0.00% of their portfolio New York, NY 177,539177.5k $24.1m $24.1m 0.00% Reduced -18.4k -18,386
54 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 172,714172.7k $23.4m $23.4m 0.03% Added +20.5k +20,484
55 Modera Wealth Management, LLC 0.44% of their portfolio WESTWOOD, NJ 172,587172.6k $23.4m $23.4m 0.44% Reduced -27.9k -27,922
56 Mariner, LLC 0.06% of their portfolio Overland Park, KS 160,590160.6k $21.8m $21.8m 0.06% Reduced -801 -801
57 WHITTIER TRUST CO OF NEVADA INC 0.77% of their portfolio RENO, NV 160,419160.4k $21.7m $21.7m 0.77% Reduced -14.8k -14,792
58 PICTON MAHONEY ASSET MANAGEMENT 0.99% of their portfolio Toronto, A6 158,980159.0k $21.6m $21.6m 0.99% New
59 MMA ASSET MANAGEMENT LLC 6.22% of their portfolio New York, NY 154,022154.0k $20.9m $20.9m 6.22% Added +55.3k +55,326
60 WADE G W & INC 0.77% of their portfolio Wellesley, MA 153,082153.1k $20.8m $20.8m 0.77% Reduced -512 -512
61 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.06% of their portfolio LOS ANGELES, CA 150,221150.2k $20.4m $20.4m 0.06% Added +41.9k +41,923
62 COURIER CAPITAL LLC 1.65% of their portfolio BUFFALO, NY 147,046147.0k $19.9m $19.9m 1.65% Reduced -619 -619
63 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 146,679146.7k $19.9m $19.9m 0.01% Added +69.4k +69,376
64 WoodTrust Financial Corp 3.73% of their portfolio WISCONSIN RAPIDS, WI 143,736143.7k $19.5m $19.5m 3.73% Added +1.5k +1,516
65 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.25% of their portfolio CHICAGO, IL 142,790142.8k $19.4m $19.4m 0.25% Unchanged
66 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 142,364142.4k $19.3m $19.3m 0.01% Reduced -44.0k -43,984
67 Arax Advisory Partners 2.40% of their portfolio NEW YORK, NY 142,303142.3k $19.3m $19.3m 2.40% Added +67.4k +67,367
68 Azarias Capital Management, L.P. 9.32% of their portfolio West Chester, PA 139,145139.1k $18.9m $18.9m 9.32% New
69 CAPTRUST FINANCIAL ADVISORS 0.07% of their portfolio RALEIGH, NC 136,061136.1k $18.4m $18.4m 0.07% Added +46.7k +46,723
70 Baird Financial Group, Inc. 0.05% of their portfolio MILWAUKEE, WI 132,134132.1k $17.9m $17.9m 0.05% Added +2.5k +2,525
71 SG Americas Securities, LLC 0.24% of their portfolio NEW YORK, NY 130,357130.4k $17.7m $17.7m 0.24% Added +48.9k +48,912
72 Waldron Private Wealth LLC 0.92% of their portfolio BRIDGEVILLE, PA 130,269130.3k $17.8m $17.8m 0.92% Reduced -14.9k -14,915
73 JOHNSON INVESTMENT COUNSEL INC 0.23% of their portfolio Cincinnati, OH 129,495129.5k $17.6m $17.6m 0.23% Added +1.2k +1,208
74 J.P. Morgan Private Wealth Advisors LLC 0.05% of their portfolio SAN FRANCISCO, CA 125,731125.7k $17.0m $17.0m 0.05% Reduced -15.6k -15,609
75 PRUDENTIAL FINANCIAL INC 0.03% of their portfolio NEWARK, NJ 123,694123.7k $16.8m $16.8m 0.03% Reduced -1.8k -1,795
76 FIFTH THIRD BANCORP 0.08% of their portfolio CINCINNATI, OH 121,938121.9k $16.5m $16.5m 0.08% Added +942 +942
77 Zhang Financial LLC 1.61% of their portfolio PORTAGE, MI 117,120117.1k $15.9m $15.9m 1.61% Reduced -4.7k -4,741
78 Fiduciary Trust Co 0.29% of their portfolio Boston, MA 115,944115.9k $15.7m $15.7m 0.29% Reduced -898 -898
79 COMERICA BANK 0.08% of their portfolio DALLAS, TX 114,687114.7k $15.5m $15.5m 0.08% New
80 Aristotle Capital Boston, LLC 0.49% of their portfolio BOSTON, MA 112,569112.6k $15.3m $15.3m 0.49% Reduced -3.7k -3,716
81 Savant Capital, LLC 0.23% of their portfolio ROCKFORD, IL 111,578111.6k $15.1m $15.1m 0.23% Reduced -40.8k -40,789
82 Covenant Partners, LLC 5.46% of their portfolio Nashville, TN 110,970111.0k $15.0m $15.0m 5.46% Added +5.2k +5,202
83 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 107,561107.6k $14.6m $14.6m 0.03% Reduced -15.8k -15,781
84 SYNOVUS FINANCIAL CORP 0.15% of their portfolio Columbus, GA 97,68597.7k $13.2m $13.2m 0.15% Reduced -2.5k -2,516
85 ASPIRIANT, LLC 0.66% of their portfolio San Francisco, CA 95,44395.4k $12.9m $12.9m 0.66% Reduced -2.0k -1,956
86 Venture Visionary Partners LLC 0.76% of their portfolio Sylvania, OH 92,65492.7k $12.6m $12.6m 0.76% Added +944 +944
87 Cetera Advisor Networks LLC 0.08% of their portfolio EL SEGUNDO, CA 92,47692.5k $12.5m $12.5m 0.08% Added +44.7k +44,744
88 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 91,34891.3k $12.4m $12.4m 0.01% Reduced -56.4k -56,423
89 Flaharty Asset Management, LLC 1.99% of their portfolio CLEARWATER, FL 87,87687.9k $11.9m $11.9m 1.99% Added +3.3k +3,281
90 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.09% of their portfolio NEW YORK, NY 86,95687.0k $11.8m $11.8m 0.09% Added +28.8k +28,811
91 THOMPSON SIEGEL & WALMSLEY LLC 0.19% of their portfolio RICHMOND, VA 85,82985.8k $11.6m $11.6m 0.19% Added +15.8k +15,780
92 Composition Wealth, LLC 0.35% of their portfolio LOS ANGELES, CA 83,46383.5k $11.3m $11.3m 0.35% Reduced -150.0k -150,031
93 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.05% of their portfolio COLUMBUS, OH 82,32082.3k $11.2m $11.2m 0.05% Added +20.7k +20,690
94 NEW SOUTH CAPITAL MANAGEMENT INC 0.53% of their portfolio MEMPHIS, TN 82,32082.3k $11.2m $11.2m 0.53% Added +20.7k +20,690
95 SONATA CAPITAL GROUP INC 5.86% of their portfolio SEATTLE, WA 81,00081.0k $11.0m $11.0m 5.86% Added +197 +197
96 Vestcor Inc 0.40% of their portfolio FREDERICTON, A3 80,60080.6k $10.9m $10.9m 0.40% Added +26.1k +26,100
97 Powell Investment Advisors, LLC 6.59% of their portfolio MIAMI, FL 80,30580.3k $11.0m $11.0m 6.59% Added +331 +331
98 EARNEST PARTNERS LLC 0.06% of their portfolio ATLANTA, GA 79,41379.4k $10.8m $10.8m 0.06% Added +42.4k +42,366
99 VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.12% of their portfolio HOUSTON, TX 79,00579.0k $10.7m $10.7m 0.12% Reduced -798.3k -798,277
100 Waverly Advisors, LLC 0.47% of their portfolio BIRMINGHAM, AL 78,69678.7k $10.7m $10.7m 0.47% Reduced -5.0k -5,050