Vault-13

ISHARES TR IWN

RUS 2000 VAL ETF · ETP · CUSIP 464287630

933 institutional holders -23 vs Q1 2024
57,173,86857.2m shares reported held*
$8.6bnreported value*
62 new 274 added 350 reduced 88 sold out net sold ≈ $2.1bn (-12.8m 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 ($16.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $150.58. Options: 5 managers hold calls ($42.7m notional), 5 hold puts ($21.3m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 843Q4 22: 936Q1 23: 873Q2 23: 888Q3 23: 889Q4 23: 974Q1 24: 956Q2 24: 933933Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022843
Q4 2022936
Q1 2023873
Q2 2023888
Q3 2023889
Q4 2023974
Q1 2024956
Q2 2024933

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 outQ2 23: 318 bought or addedQ2 23: 397 cut or sold outQ2 23Q3 23: 294 bought or addedQ3 23: 396 cut or sold outQ4 23: 391 bought or addedQ4 23: 382 cut or sold outQ4 23Q1 24: 355 bought or addedQ1 24: 448 cut or sold outQ2 24: 336 bought or addedQ2 24: 438 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022412332
Q1 2023330438
Q2 2023318397
Q3 2023294396
Q4 2023391382
Q1 2024355448
Q2 2024336438

Calls vs puts

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

CallsPuts
$0$25m$50m$75m$100mQ3 23 calls: $29.7mQ3 23 puts: $59.4mQ3 23P/C 2.00Q4 23 calls: $90.1mQ4 23 puts: $94.2mQ4 23P/C 1.05Q1 24 calls: $74.4mQ1 24 puts: $40.4mQ1 24P/C 0.54Q2 24 calls: $42.7mQ2 24 puts: $21.3mQ2 24P/C 0.50
Numbers
QuarterCallsPutsP/C
Q3 2023$29.7m$59.4m2.00
Q4 2023$90.1m$94.2m1.05
Q1 2024$74.4m$40.4m0.54
Q2 2024$42.7m$21.3m0.50

Biggest buyers

Strategic Financial Concepts, LLC Added +828,944+828.9k
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM New +720,322+720.3k
MANUFACTURERS LIFE INSURANCE COMPANY, THE New +464,349+464.3k
BANK OF AMERICA CORP /DE/ Added +421,747+421.7k
WOLVERINE TRADING, LLC New +353,752+353.8k
Focus Partners Wealth Added +211,029+211.0k
WoodTrust Financial Corp New +148,759+148.8k
JONES FINANCIAL COMPANIES LLLP Added +131,310+131.3k
JANUS HENDERSON GROUP PLC New +113,367+113.4k
Atom Investors LP New +109,387+109.4k

Biggest sellers

MORGAN STANLEY Reduced -13,299,644-13.3m
BAILARD, INC. Reduced -431,373-431.4k
Starboard Value LP Reduced -425,000-425.0k
GOLDMAN SACHS GROUP INC Reduced -250,872-250.9k
Allspring Global Investments Holdings, LLC Reduced -249,386-249.4k
JPMORGAN CHASE & CO Reduced -238,996-239.0k
NORTHERN TRUST CORP Reduced -172,492-172.5k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -165,041-165.0k
Quadrature Capital Ltd Sold out -164,101-164.1k
DUFF & PHELPS INVESTMENT MANAGEMENT CO Sold out -143,990-144.0k

Biggest calls

CITADEL ADVISORS LLC Reduced $28.8m189.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.6m43.5k shares
GTS SECURITIES LLC Added $5.8m38.1k shares
WOLVERINE TRADING, LLC New $868.1k5.7k shares
Walleye Trading LLC Added $533.0k3.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $14.4m94.7k shares
CITADEL ADVISORS LLC Reduced $4.0m26.4k shares
Twin Tree Management, LP Reduced $1.1m7.5k shares
SpiderRock Advisors, LLC New $974.7k6.4k shares
WOLVERINE TRADING, LLC New $746.3k4.9k 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.10% of their portfolio CHARLOTTE, NC 6,665,9676.7m $1.0bn $1.0bn 0.10% Added +421.7k +421,747
2 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 4,912,0394.9m $748.1m $748.1m 0.06% Reduced -13.3m -13,299,644
3 TIAA TRUST, NATIONAL ASSOCIATION 1.23% of their portfolio CHARLOTTE, NC 2,634,6292.6m $398.8m $398.8m 1.23% Added +49.2k +49,241
4 JONES FINANCIAL COMPANIES LLLP 0.44% of their portfolio DES PERES, MO 2,477,2402.5m $377.3m $377.3m 0.44% Added +131.3k +131,310
5 ENVESTNET ASSET MANAGEMENT INC 0.10% of their portfolio Berwyn, PA 1,955,8902.0m $297.9m $297.9m 0.10% Added +7.4k +7,359
6 Starboard Value LP 4.54% of their portfolio New York, NY 1,280,0001.3m $194.9m $194.9m 4.54% Reduced -425.0k -425,000
7 PNC Financial Services Group, Inc. 0.12% of their portfolio Pittsburgh, PA 1,192,7601.2m $181.7m $181.7m 0.12% Reduced -9.6k -9,562
8 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,124,1681.1m $171.2m $171.2m 0.01% Reduced -239.0k -238,996
9 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 1,101,4541.1m $167.8m $167.8m 0.03% Reduced -250.9k -250,872
10 COMMONWEALTH EQUITY SERVICES, LLC 0.25% of their portfolio WALTHAM, MA 1,038,7781.0m $158.2m $158.2m 0.25% Reduced -165.0k -165,041
11 D.A. DAVIDSON & CO. 1.40% of their portfolio GREAT FALLS, MT 1,034,1291.0m $157.5m $157.5m 1.40% Added +17.2k +17,193
12 UBS Group AG 0.05% of their portfolio ZURICH, V8 1,017,8231.0m $155.0m $155.0m 0.05% Reduced -50.4k -50,356
13 M&T Bank Corp 0.50% of their portfolio BUFFALO, NY 957,311957.3k $145.8m $145.8m 0.50% Added +41.3k +41,251
14 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 908,512908.5k $138.4m $138.4m 0.04% Reduced -54.3k -54,281
15 Betterment LLC 0.35% of their portfolio NEW YORK, NY 893,505893.5k $136.1m $136.1m 0.35% Reduced -39.5k -39,495
16 Alaska Permanent Fund Corp 2.16% of their portfolio JUNEAU, AK 850,047850.0k $145.5m $145.5m 2.16% Unchanged
17 Strategic Financial Concepts, LLC 0.00% of their portfolio SAN ANTONIO, TX 833,540833.5k $7.3k $7.3k 0.00% Added +828.9k +828,944
18 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 820,669820.7k $125.0m $125.0m 0.06% Added +66.9k +66,912
19 US BANCORP \DE\ 0.16% of their portfolio MINNEAPOLIS, MN 765,486765.5k $116.6m $116.6m 0.16% Added +51.2k +51,231
20 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.22% of their portfolio TALLAHASSEE, FL 720,322720.3k $109.7m $109.7m 0.22% New
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 669,000669.0k $101.9m $101.9m 0.02% Added +96.8k +96,798
22 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 630,835630.8k $96.1m $96.1m 0.02% Reduced -172.5k -172,492
23 Cassaday & Co Wealth Management LLC 2.78% of their portfolio MCLEAN, VA 579,767579.8k $88.3m $88.3m 2.78% Added +12.3k +12,254
24 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.07% of their portfolio Toronto, A6 464,349464.3k $70.7m $70.7m 0.07% New
25 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 449,896449.9k $68.5m $68.5m 0.02% Reduced -40.0k -40,000
26 VICTORY CAPITAL MANAGEMENT INC 0.07% of their portfolio San Antonio, TX 443,200443.2k $67.5m $67.5m 0.07% Reduced -36.1k -36,100
27 Focus Partners Wealth 0.23% of their portfolio ST LOUIS, MO 424,902424.9k $67.0m $67.0m 0.23% Added +211.0k +211,029
28 Facet Wealth, Inc. 2.21% of their portfolio WEST PALM BEACH, FL 421,667421.7k $71.9m $71.9m 2.21% Added +61.8k +61,792
29 Raymond James Financial Services Advisors, Inc. 0.09% of their portfolio ST. PETERSBURG, FL 395,905395.9k $60.3m $60.3m 0.09% Added +36.6k +36,554
30 COMMERCE BANK 0.37% of their portfolio KANSAS CITY, MO 376,197376.2k $57.3m $57.3m 0.37% Reduced -37.5k -37,538
31 WOLVERINE TRADING, LLC 0.88% of their portfolio CHICAGO, IL 353,752353.8k $53.9m $53.9m 0.88% New
32 Badgley Phelps Wealth Managers, LLC 1.32% of their portfolio SEATTLE, WA 351,528351.5k $53.5m $53.5m 1.32% Reduced -1.8k -1,835
33 Jasper Ridge Partners, L.P. 1.71% of their portfolio MENLO PARK, CA 346,539346.5k $52.8m $52.8m 1.71% Reduced -40.1k -40,129
34 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 318,298318.3k $48.5m $48.5m 0.01% Reduced -76.7k -76,746
35 AMG National Trust Bank 1.28% of their portfolio GREENWOOD VILLAGE, CO 310,823310.8k $47.3m $47.3m 1.28% Reduced -1.5k -1,524
36 WHITTIER TRUST CO 0.67% of their portfolio SOUTH PASADENA, CA 310,339310.3k $47.3m $47.3m 0.67% Added +12.6k +12,554
37 Pathstone Holdings, LLC 0.21% of their portfolio ENGLEWOOD, NJ 303,376303.4k $46.2m $46.2m 0.21% Added +61.5k +61,475
38 SEI INVESTMENTS CO 0.06% of their portfolio OAKS, PA 297,554297.6k $45.3m $45.3m 0.06% Reduced -19.9k -19,924
39 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 277,906277.9k $42.3m $42.3m 0.03% Reduced -76.8k -76,842
40 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.10% of their portfolio PLYMOUTH, MN 267,070267.1k $40.7m $40.7m 0.10% Reduced -5.5k -5,451
41 Waldron Private Wealth LLC 1.66% of their portfolio BRIDGEVILLE, PA 243,783243.8k $37.1m $37.1m 1.66% Reduced -3.4k -3,428
42 MAI Capital Management 0.36% of their portfolio INDEPENDENCE, OH 238,923238.9k $36.4m $36.4m 0.36% Reduced -4.3k -4,322
43 Allspring Global Investments Holdings, LLC 0.06% of their portfolio CHARLOTTE, NC 233,837233.8k $35.6m $35.6m 0.06% Reduced -249.4k -249,386
44 Comprehensive Financial Management LLC 1.24% of their portfolio Los Gatos, CA 230,481230.5k $35.1m $35.1m 1.24% Unchanged
45 CHOREO, LLC 0.58% of their portfolio ROCKFORD, IL 227,825227.8k $34.4m $34.4m 0.58% Added +6.0k +5,998
46 STEPHENS GROUP ASSET MANAGEMENT, LLC 3.12% of their portfolio LITTLE ROCK, AR 224,950224.9k $34.3m $34.3m 3.12% Reduced -110 -110
47 Cetera Investment Advisers 0.08% of their portfolio SCHAUMBURG, IL 222,327222.3k $33.9m $33.9m 0.08% Reduced -1.3k -1,333
48 PICTON MAHONEY ASSET MANAGEMENT 1.42% of their portfolio Toronto, A6 218,770218.8k $33.3m $33.3m 1.42% Reduced -106.4k -106,405
49 BlackRock Inc. 0.00% of their portfolio New York, NY 214,968215.0k $32.7m $32.7m 0.00% Added +20.4k +20,444
50 Pacific Life Fund Advisors LLC 3.25% of their portfolio NEWPORT BEACH, CA 213,971214.0k $32.6m $32.6m 3.25% Reduced -3.7k -3,722
51 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 201,915201.9k $30.8m $30.8m 0.05% Reduced -10.3k -10,322
52 FMR LLC 0.00% of their portfolio BOSTON, MA 197,594197.6k $30.1m $30.1m 0.00% Added +74.7k +74,746
53 BROWN ADVISORY INC 0.04% of their portfolio BALTIMORE, MD 195,995196.0k $29.9m $29.9m 0.04% Reduced -69.6k -69,616
54 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 195,126195.1k $29.7m $29.7m 0.03% Reduced -20.3k -20,298
55 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 190,447190.4k $29.0m $29.0m 0.04% Reduced -108.2k -108,165
56 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.07% of their portfolio LOS ANGELES, CA 184,413184.4k $28.1m $28.1m 0.07% Added +76.6k +76,634
57 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 181,513181.5k $28.3m $28.3m 0.01% Reduced -959 -959
58 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 181,380181.4k $27.6m $27.6m 0.01% Reduced -36.0k -35,959
59 WHITTIER TRUST CO OF NEVADA INC 0.72% of their portfolio RENO, NV 170,487170.5k $26.0m $26.0m 0.72% Added +5.3k +5,313
60 Mariner, LLC 0.05% of their portfolio Overland Park, KS 168,228168.2k $25.6m $25.6m 0.05% Reduced -4.1k -4,111
61 CASTLEARK MANAGEMENT LLC 1.02% of their portfolio CHICAGO, IL 163,710163.7k $24.9m $24.9m 1.02% Unchanged
62 Modera Wealth Management, LLC 0.36% of their portfolio WESTWOOD, NJ 159,000159.0k $24.2m $24.2m 0.36% Reduced -3.9k -3,910
63 WoodTrust Financial Corp 3.52% of their portfolio WISCONSIN RAPIDS, WI 148,759148.8k $22.7m $22.7m 3.52% New
64 Corient Private Wealth LP 0.04% of their portfolio MIAMI, FL 147,559147.6k $22.4m $22.4m 0.04% Added +7.3k +7,260
65 JOHNSON INVESTMENT COUNSEL INC 0.23% of their portfolio Cincinnati, OH 146,305146.3k $22.3m $22.3m 0.23% Added +3.3k +3,256
66 COURIER CAPITAL LLC 1.76% of their portfolio BUFFALO, NY 145,347145.3k $22.1m $22.1m 1.76% Reduced -225 -225
67 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 135,836135.8k $20.7m $20.7m 0.00% Added +25.8k +25,839
68 Arax Advisory Partners 1.98% of their portfolio NEW YORK, NY 133,267133.3k $20.3m $20.3m 1.98% Reduced -4.4k -4,435
69 LBJ Family Wealth Advisors, Ltd. 6.25% of their portfolio AUSTIN, TX 127,193127.2k $19.8m $19.8m 6.25% Added +62.9k +62,933
70 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 124,235124.2k $18.9m $18.9m 0.05% Reduced -129.2k -129,183
71 GENDELL JEFFREY L 0.65% of their portfolio Greenwich, CT 121,876121.9k $18.6m $18.6m 0.65% Added +10.0k +10,000
72 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 118,210118.2k $18.0m $18.0m 0.03% Added +36.0k +35,985
73 PRUDENTIAL FINANCIAL INC 0.03% of their portfolio NEWARK, NJ 115,601115.6k $17.6m $17.6m 0.03% Reduced -8.3k -8,282
74 COMERICA BANK 0.07% of their portfolio DALLAS, TX 115,498115.5k $17.6m $17.6m 0.07% Reduced -1.9k -1,860
75 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 113,367113.4k $17.3m $17.3m 0.01% New
76 SVB WEALTH LLC 0.42% of their portfolio BOSTON, MA 111,892111.9k $17.0m $17.0m 0.42% Reduced -31.5k -31,470
77 Vestcor Inc 0.57% of their portfolio FREDERICTON, A3 110,500110.5k $16.8m $16.8m 0.57% Unchanged
78 Fiduciary Trust Co 0.25% of their portfolio Boston, MA 109,764109.8k $16.7m $16.7m 0.25% Reduced -2.2k -2,247
79 Atom Investors LP 1.67% of their portfolio AUSTIN, TX 109,387109.4k $16.7m $16.7m 1.67% New
80 Savant Capital, LLC 0.17% of their portfolio ROCKFORD, IL 109,054109.1k $16.6m $16.6m 0.17% Added +12 +12
81 Zhang Financial LLC 1.14% of their portfolio PORTAGE, MI 106,851106.9k $16.3m $16.3m 1.14% Reduced -3.3k -3,338
82 Covenant Partners, LLC 4.77% of their portfolio Nashville, TN 102,934102.9k $15.7m $15.7m 4.77% Reduced -6.6k -6,563
83 MONETA GROUP INVESTMENT ADVISORS LLC 0.24% of their portfolio ST LOUIS, MO 99,77299.8k $15.2m $15.2m 0.24% Reduced -5.5k -5,540
84 FIFTH THIRD BANCORP 0.06% of their portfolio CINCINNATI, OH 99,47599.5k $15.2m $15.2m 0.06% Reduced -5.4k -5,447
85 THOMPSON SIEGEL & WALMSLEY LLC 0.24% of their portfolio RICHMOND, VA 98,04198.0k $14.9m $14.9m 0.24% Added +15.3k +15,308
86 Baird Financial Group, Inc. 0.03% of their portfolio MILWAUKEE, WI 96,50796.5k $14.7m $14.7m 0.03% Reduced -3.8k -3,826
87 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 95,32495.3k $14.5m $14.5m 0.04% Added +7.7k +7,666
88 STEPHENS INC /AR/ 0.22% of their portfolio LITTLE ROCK, AR 92,61592.6k $14.1m $14.1m 0.22% Reduced -41.4k -41,366
89 SYNOVUS FINANCIAL CORP 0.18% of their portfolio Columbus, GA 91,01191.0k $13.9m $13.9m 0.18% Reduced -784 -784
90 ASPIRIANT, LLC 0.55% of their portfolio San Francisco, CA 89,19089.2k $13.6m $13.6m 0.55% Reduced -2.2k -2,212
91 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 88,80888.8k $13.5m $13.5m 0.01% Added +38.6k +38,640
92 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 85,21785.2k $13.0m $13.0m 0.01% Added +2.5k +2,543
93 Waverly Advisors, LLC 0.25% of their portfolio BIRMINGHAM, AL 84,41284.4k $12.9m $12.9m 0.25% Reduced -7.2k -7,190
94 CW Advisors, LLC 0.20% of their portfolio BOSTON, MA 81,36281.4k $12.4m $12.4m 0.20% Added +5.5k +5,492
95 CHURCHILL MANAGEMENT Corp 0.14% of their portfolio Los Angeles, CA 80,46680.5k $12.3m $12.3m 0.14% Added +362 +362
96 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 80,09180.1k $12.2m $12.2m 0.02% Added +66.8k +66,805
97 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 79,90079.9k $12.2m $12.2m 0.03% Reduced -31.1k -31,100
98 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 79,67179.7k $12.1m $12.1m 0.00% Added +1.8k +1,799
99 Powell Investment Advisors, LLC 6.25% of their portfolio MIAMI, FL 79,24079.2k $12.1m $12.1m 6.25% Added +2.2k +2,164
100 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 77,75077.8k $11.8m $11.8m 0.01% Added +13.6k +13,585