Vault-13

ISHARES TR IWN

RUS 2000 VAL ETF · ETP · CUSIP 464287630

990 institutional holders -72 vs Q4 2024
55,391,68955.4m shares reported held*
$8.3bnreported value*
48 new 277 added 391 reduced 117 sold out net sold ≈ $37.5m (-248.9k 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 ($62.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $150.71. Options: 6 managers hold calls ($68.5m notional), 2 hold puts ($4.5m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 843Q4 22: 936Q1 23: 873Q2 23: 888Q3 23: 889Q4 23: 974Q1 24: 956Q2 24: 933Q3 24: 979Q4 24: 1,062Q1 25: 990990Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022843
Q4 2022936
Q1 2023873
Q2 2023888
Q3 2023889
Q4 2023974
Q1 2024956
Q2 2024933
Q3 2024979
Q4 20241,062
Q1 2025990

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 23: 318 bought or addedQ2 23: 397 cut or sold outQ3 23: 294 bought or addedQ3 23: 396 cut or sold outQ3 23Q4 23: 391 bought or addedQ4 23: 382 cut or sold outQ1 24: 355 bought or addedQ1 24: 448 cut or sold outQ1 24Q2 24: 336 bought or addedQ2 24: 438 cut or sold outQ3 24: 374 bought or addedQ3 24: 397 cut or sold outQ3 24Q4 24: 414 bought or addedQ4 24: 379 cut or sold outQ1 25: 325 bought or addedQ1 25: 508 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023318397
Q3 2023294396
Q4 2023391382
Q1 2024355448
Q2 2024336438
Q3 2024374397
Q4 2024414379
Q1 2025325508

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ2 24 calls: $42.7mQ2 24 puts: $21.3mQ2 24P/C 0.50Q3 24 calls: $156.5mQ3 24 puts: $34.4mQ3 24P/C 0.22Q4 24 calls: $89.5mQ4 24 puts: $24.4mQ4 24P/C 0.27Q1 25 calls: $68.5mQ1 25 puts: $4.5mQ1 25P/C 0.07
Numbers
QuarterCallsPutsP/C
Q2 2024$42.7m$21.3m0.50
Q3 2024$156.5m$34.4m0.22
Q4 2024$89.5m$24.4m0.27
Q1 2025$68.5m$4.5m0.07

Biggest buyers

VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. Added +1,180,955+1.2m
Alaska Permanent Fund Corp Added +1,169,735+1.2m
WELLINGTON MANAGEMENT GROUP LLP Added +354,975+355.0k
NATIXIS ADVISORS, LLC Added +191,182+191.2k
Pacific Life Fund Advisors LLC Added +144,894+144.9k
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. New +125,000+125.0k
Quadrature Capital Ltd New +122,531+122.5k
UBS Group AG Added +117,328+117.3k
Leeward Investments, LLC - MA Added +110,126+110.1k
TIAA TRUST, NATIONAL ASSOCIATION Added +105,613+105.6k

Biggest sellers

JONES FINANCIAL COMPANIES LLLP Reduced -669,317-669.3k
BAILARD, INC. Reduced -435,986-436.0k
MORGAN STANLEY Reduced -427,372-427.4k
BANK OF AMERICA CORP /DE/ Reduced -385,562-385.6k
Focus Partners Wealth Reduced -323,494-323.5k
VICTORY CAPITAL MANAGEMENT INC Reduced -233,380-233.4k
JPMORGAN CHASE & CO Reduced -136,398-136.4k
Arax Advisory Partners Reduced -124,552-124.6k
Vestcor Inc Sold out -110,500-110.5k
LHM, INC. Sold out -95,768-95.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $40.4m267.8k shares
CITADEL ADVISORS LLC Added $16.7m110.4k shares
Hilltop Holdings Inc. New $7.6m50.6k shares
JANE STREET GROUP, LLC Added $1.5m9.7k shares
WOLVERINE TRADING, LLC Reduced $1.4m9.2k shares
Walleye Trading LLC Added $860.6k5.7k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $3.7m24.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $800.2k5.3k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.08% of their portfolio CHARLOTTE, NC 6,331,6586.3m $956.0m $956.0m 0.08% Reduced -385.6k -385,562
2 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 5,055,8205.1m $763.3m $763.3m 0.05% Reduced -427.4k -427,372
3 TIAA TRUST, NATIONAL ASSOCIATION 1.34% of their portfolio CHARLOTTE, NC 2,843,5112.8m $429.3m $429.3m 1.34% Added +105.6k +105,613
4 Alaska Permanent Fund Corp 4.89% of their portfolio JUNEAU, AK 2,402,2692.4m $347.8m $347.8m 4.89% Added +1.2m +1,169,735
5 ENVESTNET ASSET MANAGEMENT INC 0.10% of their portfolio Berwyn, PA 2,088,9382.1m $315.4m $315.4m 0.10% Added +24.7k +24,679
6 JONES FINANCIAL COMPANIES LLLP 0.28% of their portfolio DES PERES, MO 2,060,4212.1m $311.6m $311.6m 0.28% Reduced -669.3k -669,317
7 VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 1.86% of their portfolio HOUSTON, TX 1,234,4601.2m $186.4m $186.4m 1.86% Added +1.2m +1,180,955
8 PNC Financial Services Group, Inc. 0.09% of their portfolio Pittsburgh, PA 1,198,9621.2m $181.0m $181.0m 0.09% Reduced -20.6k -20,563
9 D.A. DAVIDSON & CO. 1.38% of their portfolio GREAT FALLS, MT 1,134,6401.1m $171.3m $171.3m 1.38% Added +54.4k +54,387
10 UBS Group AG 0.04% of their portfolio ZURICH, V8 1,080,9011.1m $163.2m $163.2m 0.04% Added +117.3k +117,328
11 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 1,068,7471.1m $161.4m $161.4m 0.03% Reduced -52.8k -52,833
12 M&T Bank Corp 0.58% of their portfolio BUFFALO, NY 1,049,2371.0m $158.4m $158.4m 0.58% Added +3.9k +3,880
13 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 986,496986.5k $148.9m $148.9m 0.06% Reduced -8.5k -8,497
14 COMMONWEALTH EQUITY SERVICES, LLC 0.20% of their portfolio WALTHAM, MA 942,986943.0k $142.4m $142.4m 0.20% Added +23.0k +22,979
15 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 941,550941.5k $142.2m $142.2m 0.03% Reduced -77.7k -77,656
16 Betterment LLC 0.28% of their portfolio NEW YORK, NY 794,473794.5k $120.0m $120.0m 0.28% Reduced -34.6k -34,603
17 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 672,793672.8k $101.6m $101.6m 0.02% Reduced -6.7k -6,691
18 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 610,876610.9k $92.2m $92.2m 0.01% Reduced -8.6k -8,624
19 Cassaday & Co Wealth Management LLC 2.58% of their portfolio MCLEAN, VA 608,076608.1k $91.8m $91.8m 2.58% Added +4.8k +4,756
20 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 545,714545.7k $82.4m $82.4m 0.02% Added +10.5k +10,537
21 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 525,134525.1k $79.3m $79.3m 0.03% Reduced -68.9k -68,879
22 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 512,305512.3k $77.3m $77.3m 0.01% Added +355.0k +354,975
23 Pacific Life Fund Advisors LLC 8.49% of their portfolio NEWPORT BEACH, CA 501,457501.5k $75.7m $75.7m 8.49% Added +144.9k +144,894
24 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 475,915475.9k $71.9m $71.9m 0.01% Reduced -136.4k -136,398
25 US BANCORP \DE\ 0.08% of their portfolio MINNEAPOLIS, MN 380,091380.1k $57.4m $57.4m 0.08% Reduced -8.0k -7,964
26 Badgley Phelps Wealth Managers, LLC 1.31% of their portfolio SEATTLE, WA 360,059360.1k $54.4m $54.4m 1.31% Added +6.3k +6,337
27 Jasper Ridge Partners, L.P. 1.68% of their portfolio MENLO PARK, CA 346,539346.5k $52.3m $52.3m 1.68% Unchanged
28 COMMERCE BANK 0.33% of their portfolio KANSAS CITY, MO 343,112343.1k $51.8m $51.8m 0.33% Reduced -14.7k -14,696
29 WHITTIER TRUST CO 0.68% of their portfolio SOUTH PASADENA, CA 322,690322.7k $48.7m $48.7m 0.68% Added +5.4k +5,391
30 VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio San Antonio, TX 304,395304.4k $46.0m $46.0m 0.05% Reduced -233.4k -233,380
31 Pathstone Holdings, LLC 0.19% of their portfolio ENGLEWOOD, NJ 284,733284.7k $43.0m $43.0m 0.19% Reduced -21.3k -21,292
32 AMG National Trust Bank 1.18% of their portfolio GREENWOOD VILLAGE, CO 278,190278.2k $42.0m $42.0m 1.18% Reduced -11.4k -11,415
33 STEPHENS GROUP ASSET MANAGEMENT, LLC 3.26% of their portfolio LITTLE ROCK, AR 267,797267.8k $40.4m $40.4m 3.26% Added +45.9k +45,864
34 MAI Capital Management 0.29% of their portfolio INDEPENDENCE, OH 257,113257.1k $38.8m $38.8m 0.29% Reduced -1.6k -1,583
35 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 254,952255.0k $38.5m $38.5m 0.03% First filing
36 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.07% of their portfolio PLYMOUTH, MN 252,395252.4k $38.1m $38.1m 0.07% Reduced -10.4k -10,356
37 SEI INVESTMENTS CO 0.05% of their portfolio OAKS, PA 242,695242.7k $36.6m $36.6m 0.05% Reduced -5.2k -5,186
38 Atom Investors LP 4.48% of their portfolio AUSTIN, TX 241,021241.0k $36.4m $36.4m 4.48% Added +103.1k +103,056
39 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 235,519235.5k $35.6m $35.6m 0.01% Reduced -22.7k -22,681
40 Allspring Global Investments Holdings, LLC 0.06% of their portfolio CHARLOTTE, NC 235,107235.1k $35.5m $35.5m 0.06% Added +2.8k +2,814
41 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 232,085232.1k $35.0m $35.0m 0.03% Added +77.2k +77,235
42 CHOREO, LLC 0.54% of their portfolio ROCKFORD, IL 230,968231.0k $34.9m $34.9m 0.54% Reduced -4.6k -4,585
43 Comprehensive Financial Management LLC 1.10% of their portfolio Los Gatos, CA 230,481230.5k $34.8m $34.8m 1.10% Unchanged
44 Facet Wealth, Inc. 0.88% of their portfolio WEST PALM BEACH, FL 229,918229.9k $33.9m $33.9m 0.88% Reduced -29.0k -29,040
45 Cetera Investment Advisers 0.07% of their portfolio SCHAUMBURG, IL 229,813229.8k $34.7m $34.7m 0.07% Added +3.7k +3,657
46 NATIXIS ADVISORS, LLC 0.06% of their portfolio Boston, MA 222,738222.7k $33.6m $33.6m 0.06% Added +191.2k +191,182
47 Waldron Private Wealth LLC 1.58% of their portfolio BRIDGEVILLE, PA 221,928221.9k $33.5m $33.5m 1.58% Reduced -11.0k -10,989
48 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 215,054215.1k $32.3m $32.3m 0.01% Reduced -17.7k -17,686
49 Wilmington Savings Fund Society, FSB 0.58% of their portfolio WILMINGTON, DE 204,406204.4k $30.9m $30.9m 0.58% Reduced -376 -376
50 Corient Private Wealth LP 0.05% of their portfolio MIAMI, FL 203,583203.6k $30.7m $30.7m 0.05% Added +68.4k +68,372
51 Focus Partners Wealth 0.07% of their portfolio ST LOUIS, MO 197,397197.4k $29.8m $29.8m 0.07% Reduced -323.5k -323,494
52 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 182,323182.3k $27.5m $27.5m 0.04% Reduced -6.7k -6,717
53 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.07% of their portfolio LOS ANGELES, CA 180,963181.0k $27.3m $27.3m 0.07% Reduced -3.2k -3,213
54 BlackRock, Inc. 0.00% of their portfolio New York, NY 178,774178.8k $27.0m $27.0m 0.00% Added +9.2k +9,152
55 WHITTIER TRUST CO OF NEVADA INC 0.68% of their portfolio RENO, NV 177,631177.6k $26.8m $26.8m 0.68% Added +5.0k +4,985
56 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 173,810173.8k $26.2m $26.2m 0.03% Added +37.0k +37,046
57 Mariner, LLC 0.04% of their portfolio Overland Park, KS 171,986172.0k $26.0m $26.0m 0.04% Added +6.4k +6,391
58 BROWN ADVISORY INC 0.04% of their portfolio BALTIMORE, MD 171,821171.8k $25.9m $25.9m 0.04% Reduced -55.6k -55,618
59 WoodTrust Financial Corp 3.45% of their portfolio WISCONSIN RAPIDS, WI 162,948162.9k $24.6m $24.6m 3.45% Added +2.9k +2,858
60 FMR LLC 0.00% of their portfolio BOSTON, MA 161,108161.1k $24.3m $24.3m 0.00% Reduced -23.8k -23,809
61 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 156,175156.2k $23.6m $23.6m 0.01% Reduced -18.6k -18,617
62 COURIER CAPITAL LLC 1.46% of their portfolio BUFFALO, NY 147,378147.4k $22.3m $22.3m 1.46% Added +1.1k +1,091
63 JOHNSON INVESTMENT COUNSEL INC 0.21% of their portfolio Cincinnati, OH 145,407145.4k $22.0m $22.0m 0.21% Added +1.2k +1,226
64 Modera Wealth Management, LLC 0.29% of their portfolio WESTWOOD, NJ 144,255144.3k $21.8m $21.8m 0.29% Reduced -6.0k -5,963
65 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 137,937137.9k $20.9m $20.9m 0.01% Added +29.7k +29,678
66 Leeward Investments, LLC - MA 1.09% of their portfolio BOSTON, MA 136,147136.1k $20.6m $20.6m 1.09% Added +110.1k +110,126
67 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 131,246131.2k $19.8m $19.8m 0.03% Reduced -4.3k -4,300
68 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 127,159127.2k $19.2m $19.2m 0.01% Reduced -74.6k -74,632
69 COMERICA BANK 0.08% of their portfolio DALLAS, TX 126,325126.3k $19.1m $19.1m 0.08% Reduced -858 -858
70 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.19% of their portfolio Madrid, U3 125,000125.0k $18.8m $18.8m 0.19% New
71 Quadrature Capital Ltd 0.41% of their portfolio LONDON, X0 122,531122.5k $18.5m $18.5m 0.41% New
72 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 119,150119.2k $18.0m $18.0m 0.04% Added +8.5k +8,504
73 Calamos Advisors LLC 0.08% of their portfolio NAPERVILLE, IL 113,214113.2k $17.1m $17.1m 0.08% Unchanged
74 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 107,825107.8k $16.3m $16.3m 0.01% Added +30.4k +30,450
75 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 107,655107.7k $16.3m $16.3m 0.03% Added +100 +100
76 Fiduciary Trust Co 0.21% of their portfolio Boston, MA 105,285105.3k $15.9m $15.9m 0.21% Reduced -1.4k -1,449
77 Zhang Financial LLC 0.82% of their portfolio PORTAGE, MI 103,254103.3k $15.6m $15.6m 0.82% Added +30 +30
78 Elite Financial, Inc. 7.98% of their portfolio LEWISTON, ID 99,90899.9k $15.1m $15.1m 7.98% New
79 AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio Greenwich, CT 99,23699.2k $15.0m $15.0m 0.02% Added +254 +254
80 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 99,10099.1k $15.0m $15.0m 0.03% Added +41.6k +41,600
81 Powell Investment Advisors, LLC 7.21% of their portfolio MIAMI, FL 97,28097.3k $14.7m $14.7m 7.21% Added +3.8k +3,803
82 SHAPIRO CAPITAL MANAGEMENT LLC 0.60% of their portfolio ATLANTA, GA 95,84595.8k $14.5m $14.5m 0.60% Added +44.5k +44,525
83 Pure Financial Advisors, LLC 0.30% of their portfolio SAN DIEGO, CA 93,63393.6k $14.1m $14.1m 0.30% Added +12.2k +12,193
84 MONETA GROUP INVESTMENT ADVISORS LLC 0.19% of their portfolio ST LOUIS, MO 92,33192.3k $13.9m $13.9m 0.19% Reduced -1.8k -1,840
85 FIFTH THIRD BANCORP 0.05% of their portfolio CINCINNATI, OH 90,35190.4k $13.6m $13.6m 0.05% Reduced -5.9k -5,867
86 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 89,76689.8k $13.6m $13.6m 0.00% Added +6.0k +6,044
87 Savant Capital, LLC 0.11% of their portfolio ROCKFORD, IL 88,84688.8k $13.4m $13.4m 0.11% Reduced -16.2k -16,206
88 SYNOVUS FINANCIAL CORP 0.17% of their portfolio Columbus, GA 88,51788.5k $13.4m $13.4m 0.17% Reduced -2.4k -2,357
89 Waverly Advisors, LLC 0.16% of their portfolio BIRMINGHAM, AL 87,91587.9k $13.3m $13.3m 0.16% Reduced -3.7k -3,712
90 THOMPSON SIEGEL & WALMSLEY LLC 0.22% of their portfolio RICHMOND, VA 86,15386.2k $13.0m $13.0m 0.22% Reduced -7.0k -7,023
91 ASPIRIANT, LLC 0.45% of their portfolio San Francisco, CA 85,86285.9k $13.0m $13.0m 0.45% Added +16 +16
92 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 85,82485.8k $13.0m $13.0m 0.02% Reduced -9.9k -9,875
93 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 83,74783.7k $12.6m $12.6m 0.03% Reduced -6.4k -6,361
94 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 80,32580.3k $12.1m $12.1m 0.02% Reduced -32.3k -32,287
95 Wealthspire Advisors, LLC 0.07% of their portfolio NEW YORK, NY 76,44676.4k $11.5m $11.5m 0.07% Added +10.8k +10,836
96 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 75,41175.4k $11.4m $11.4m 0.01% Added +633 +633
97 ROYCE & ASSOCIATES LP 0.12% of their portfolio New York, NY 75,22775.2k $11.4m $11.4m 0.12% Added +21.5k +21,536
98 CHURCHILL MANAGEMENT Corp 0.14% of their portfolio Los Angeles, CA 75,20575.2k $11.4m $11.4m 0.14% Reduced -269 -269
99 Hillcrest Wealth Advisors - NY, LLC 5.58% of their portfolio HAZLET, NJ 74,70574.7k $11.3m $11.3m 5.58% Added +2.0k +2,000
100 EP Wealth Advisors, LLC 0.09% of their portfolio TORRANCE, CA 71,53771.5k $10.8m $10.8m 0.09% Added +4.3k +4,268