Vault-13

ISHARES TR IWN

RUS 2000 VAL ETF · ETP · CUSIP 464287630

1,035 institutional holders -11 vs Q4 2025
46,197,65146.2m shares reported held*
$8.8bnreported value*
70 new 299 added 363 reduced 70 sold out net sold ≈ $1.0bn (-5.5m 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 ($293.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $189.53. Options: 3 managers hold calls ($16.6m notional), 5 hold puts ($12.7m).

Trends to Q1 2026

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: 990Q2 25: 967Q3 25: 974Q4 25: 1,046Q1 26: 1,0351,035Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q2 2025967
Q3 2025974
Q4 20251,046
Q1 20261,035

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 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 25Q2 25: 355 bought or addedQ2 25: 424 cut or sold outQ3 25: 352 bought or addedQ3 25: 381 cut or sold outQ3 25Q4 25: 407 bought or addedQ4 25: 363 cut or sold outQ1 26: 369 bought or addedQ1 26: 433 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024336438
Q3 2024374397
Q4 2024414379
Q1 2025325508
Q2 2025355424
Q3 2025352381
Q4 2025407363
Q1 2026369433

Calls vs puts

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

CallsPuts
$0$25m$50m$75m$100mQ2 25 calls: $53.2mQ2 25 puts: $3.1mQ2 25P/C 0.06Q3 25 calls: $26.8mQ3 25 puts: $81.3mQ3 25P/C 3.04Q4 25 calls: $19.9mQ4 25 puts: $5.2mQ4 25P/C 0.26Q1 26 calls: $16.6mQ1 26 puts: $12.7mQ1 26P/C 0.77
Numbers
QuarterCallsPutsP/C
Q2 2025$53.2m$3.1m0.06
Q3 2025$26.8m$81.3m3.04
Q4 2025$19.9m$5.2m0.26
Q1 2026$16.6m$12.7m0.77

Biggest buyers

HSBC HOLDINGS PLC Added +767,841+767.8k
FIFTH THIRD BANCORP Added +97,720+97.7k
MORGAN STANLEY Added +90,615+90.6k
NATIONAL BANK OF CANADA /FI/ Added +88,665+88.7k
Bank of New York Mellon Corp Added +78,327+78.3k
Strategic Equity Management New +68,553+68.6k
FLOW TRADERS U.S. LLC Added +63,470+63.5k
Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) New +50,500+50.5k
JANE STREET GROUP, LLC Added +48,654+48.7k
EverSource Wealth Advisors, LLC Added +48,506+48.5k

Biggest sellers

TIAA TRUST, NATIONAL ASSOCIATION Reduced -2,681,385-2.7m
BANK OF AMERICA CORP /DE/ Reduced -1,753,511-1.8m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -645,530-645.5k
BNP PARIBAS FINANCIAL MARKETS Reduced -310,573-310.6k
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC Reduced -236,312-236.3k
FULLER & THALER ASSET MANAGEMENT, INC. Reduced -229,587-229.6k
Advisors Preferred, LLC Reduced -181,527-181.5k
Corient Private Wealth LP Reduced -175,681-175.7k
WELLS FARGO & COMPANY/MN Reduced -139,946-139.9k
SILVERCREST ASSET MANAGEMENT GROUP LLC Reduced -119,430-119.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $12.9m67.9k shares
CITADEL ADVISORS LLC Added $3.0m15.6k shares
JANE STREET GROUP, LLC Reduced $758.4k4.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $8.5m44.6k shares
CITADEL ADVISORS LLC Added $2.4m12.6k shares
JANE STREET GROUP, LLC Added $1.4m7.3k shares
Belvedere Trading LLC New $303.3k1.6k shares
VISTA INVESTMENT PARTNERS LLC New $208.5k1.1k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.08% of their portfolio CHARLOTTE, NC 6,123,6386.1m $1.2bn $1.2bn 0.08% Reduced -1.8m -1,753,511
2 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 4,360,3414.4m $826.7m $826.7m 0.05% Added +90.6k +90,615
3 ENVESTNET ASSET MANAGEMENT INC 0.11% of their portfolio Berwyn, PA 2,144,7972.1m $406.6m $406.6m 0.11% Reduced -38.3k -38,323
4 TIAA Wealth Investment Management LLC 2.18% of their portfolio New York, NY 1,545,7181.5m $285.7m $285.7m 2.18% First filing
5 D.A. DAVIDSON & CO. 1.46% of their portfolio GREAT FALLS, MT 1,273,5291.3m $241.4m $241.4m 1.46% Added +27.2k +27,187
6 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.88% of their portfolio CHARLOTTE, NC 1,200,6941.2m $227.6m $227.6m 0.88% First filing
7 VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 2.11% of their portfolio HOUSTON, TX 1,108,9201.1m $210.2m $210.2m 2.11% Added +2.5k +2,550
8 PNC Financial Services Group, Inc. 0.12% of their portfolio Pittsburgh, PA 1,100,5981.1m $208.7m $208.7m 0.12% Reduced -12.5k -12,477
9 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 1,062,4771.1m $201.4m $201.4m 0.05% Reduced -40.2k -40,159
10 M&T Bank Corp 0.66% of their portfolio BUFFALO, NY 1,016,7921.0m $192.8m $192.8m 0.66% Reduced -1.2k -1,213
11 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 876,818876.8k $166.2m $166.2m 0.03% Reduced -139.9k -139,946
12 HSBC HOLDINGS PLC 0.10% of their portfolio LONDON, X0 859,009859.0k $162.9m $162.9m 0.10% Added +767.8k +767,841
13 UBS Group AG 0.03% of their portfolio ZURICH, V8 839,340839.3k $159.1m $159.1m 0.03% Added +33.5k +33,477
14 COMMONWEALTH EQUITY SERVICES, LLC 0.21% of their portfolio WALTHAM, MA 793,547793.5k $150.4m $150.4m 0.21% Added +915 +915
15 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 727,598727.6k $137.9m $137.9m 0.02% Added +15.5k +15,489
16 Betterment LLC 0.24% of their portfolio NEW YORK, NY 672,519672.5k $127.5m $127.5m 0.24% Reduced -23.4k -23,358
17 Cassaday & Co Wealth Management LLC 2.60% of their portfolio MCLEAN, VA 644,789644.8k $122.2m $122.2m 2.60% Added +9.1k +9,139
18 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 607,703607.7k $115.2m $115.2m 0.02% Reduced -17.5k -17,467
19 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 553,944553.9k $105.0m $105.0m 0.02% Added +20.7k +20,655
20 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 464,365464.4k $85.8m $85.8m 0.01% Added +24.9k +24,897
21 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 448,003448.0k $84.9m $84.9m 0.03% Added +9.3k +9,300
22 Pacific Life Fund Advisors LLC 9.34% of their portfolio NEWPORT BEACH, CA 428,929428.9k $81.3m $81.3m 9.34% Reduced -3.4k -3,378
23 Pathstone Holdings, LLC 0.31% of their portfolio ENGLEWOOD, NJ 414,852414.9k $78.7m $78.7m 0.31% Added +17.9k +17,894
24 Badgley Phelps Wealth Managers, LLC 1.47% of their portfolio SEATTLE, WA 390,279390.3k $74.0m $74.0m 1.47% Added +3.6k +3,587
25 Focus Partners Wealth 0.07% of their portfolio ST LOUIS, MO 339,189339.2k $64.3m $64.3m 0.07% Reduced -1.7k -1,701
26 Jasper Ridge Partners, L.P. 1.36% of their portfolio MENLO PARK, CA 321,684321.7k $61.0m $61.0m 1.36% Unchanged
27 COMMERCE BANK 0.30% of their portfolio KANSAS CITY, MO 321,635321.6k $61.0m $61.0m 0.30% Reduced -6.4k -6,384
28 JONES FINANCIAL COMPANIES LLLP 0.03% of their portfolio DES PERES, MO 301,348301.3k $56.2m $56.2m 0.03% Added +24.6k +24,604
29 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 284,106284.1k $53.9m $53.9m 0.01% Added +78.3k +78,327
30 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 270,318270.3k $51.4m $51.4m 0.01% Added +7.8k +7,770
31 SEI INVESTMENTS CO 0.05% of their portfolio OAKS, PA 257,968258.0k $48.9m $48.9m 0.05% Reduced -10.6k -10,649
32 MAI Capital Management 0.28% of their portfolio INDEPENDENCE, OH 257,584257.6k $48.8m $48.8m 0.28% Reduced -842 -842
33 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 250,563250.6k $47.5m $47.5m 0.05% Reduced -22.2k -22,172
34 CHOREO, LLC 0.57% of their portfolio ROCKFORD, IL 243,933243.9k $46.2m $46.2m 0.57% Reduced -357 -357
35 AMG National Trust Bank 0.98% of their portfolio GREENWOOD VILLAGE, CO 237,810237.8k $45.1m $45.1m 0.98% Reduced -5.9k -5,917
36 STEPHENS GROUP ASSET MANAGEMENT, LLC 2.87% of their portfolio LITTLE ROCK, AR 237,549237.5k $45.0m $45.0m 2.87% Reduced -2.0k -1,982
37 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.13% of their portfolio LOS ANGELES, CA 233,132233.1k $44.2m $44.2m 0.13% Reduced -236.3k -236,312
38 Comprehensive Financial Management LLC 1.45% of their portfolio Los Gatos, CA 230,481230.5k $43.7m $43.7m 1.45% Unchanged
39 BROWN ADVISORY INC 0.07% of their portfolio BALTIMORE, MD 212,189212.2k $40.2m $40.2m 0.07% Reduced -69.1k -69,135
40 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.09% of their portfolio PLYMOUTH, MN 211,095211.1k $40.6m $40.6m 0.09% Reduced -34.7k -34,714
41 NATIXIS ADVISORS, LLC 0.05% of their portfolio Boston, MA 202,770202.8k $38.4m $38.4m 0.05% Reduced -5.8k -5,824
42 Rockefeller Capital Management L.P. 0.07% of their portfolio NEW YORK, NY 199,558199.6k $37.8m $37.8m 0.07% Added +4.7k +4,654
43 WHITTIER TRUST CO 0.43% of their portfolio SOUTH PASADENA, CA 199,452199.5k $38.5m $38.5m 0.43% Reduced -2.5k -2,514
44 Allspring Global Investments Holdings, LLC 0.06% of their portfolio CHARLOTTE, NC 189,169189.2k $35.9m $35.9m 0.06% Reduced -30.6k -30,623
45 FIFTH THIRD BANCORP 0.06% of their portfolio CINCINNATI, OH 182,001182.0k $34.5m $34.5m 0.06% Added +97.7k +97,720
46 FMR LLC 0.00% of their portfolio BOSTON, MA 177,073177.1k $33.6m $33.6m 0.00% Added +25.1k +25,081
47 US BANCORP \DE\ 0.04% of their portfolio MINNEAPOLIS, MN 175,722175.7k $33.3m $33.3m 0.04% Added +11.1k +11,129
48 Waldron Private Wealth LLC 1.23% of their portfolio BRIDGEVILLE, PA 166,686166.7k $31.6m $31.6m 1.23% Reduced -40.2k -40,228
49 Mariner, LLC 0.04% of their portfolio Overland Park, KS 159,270159.3k $30.1m $30.1m 0.04% Reduced -9.0k -8,974
50 COURIER CAPITAL LLC 1.64% of their portfolio BUFFALO, NY 154,386154.4k $29.3m $29.3m 1.64% Added +2.4k +2,398
51 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 154,164154.2k $29.2m $29.2m 0.01% Reduced -6.8k -6,773
52 Pure Financial Advisors, LLC 0.40% of their portfolio SAN DIEGO, CA 147,543147.5k $28.0m $28.0m 0.40% Added +5.8k +5,808
53 JOHNSON INVESTMENT COUNSEL INC 0.22% of their portfolio Cincinnati, OH 143,250143.2k $27.2m $27.2m 0.22% Reduced -12.3k -12,294
54 WoodTrust Financial Corp 3.48% of their portfolio WISCONSIN RAPIDS, WI 142,405142.4k $27.0m $27.0m 3.48% Reduced -15.5k -15,470
55 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 140,851140.9k $26.7m $26.7m 0.04% Reduced -553 -553
56 BlackRock, Inc. 0.00% of their portfolio New York, NY 139,387139.4k $26.4m $26.4m 0.00% Added +8.0k +8,045
57 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 136,382136.4k $25.9m $25.9m 0.00% Reduced -32.2k -32,210
58 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 136,078136.1k $25.8m $25.8m 0.02% Reduced -310.6k -310,573
59 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 131,835131.8k $25.0m $25.0m 0.03% Reduced -3.3k -3,335
60 Modera Wealth Management, LLC 0.30% of their portfolio WESTWOOD, NJ 130,686130.7k $24.8m $24.8m 0.30% Reduced -2.3k -2,285
61 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 130,465130.5k $24.7m $24.7m 0.04% Added +9.4k +9,389
62 Allworth Financial LP 0.10% of their portfolio FOLSOM, CA 125,709125.7k $23.8m $23.8m 0.10% Reduced -1.6k -1,613
63 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 115,483115.5k $21.9m $21.9m 0.01% Reduced -39.0k -38,985
64 Powell Investment Advisors, LLC 7.54% of their portfolio MIAMI, FL 115,437115.4k $21.9m $21.9m 7.54% Added +1.3k +1,289
65 Arax Advisory Partners 0.61% of their portfolio NEW YORK, NY 113,534113.5k $21.5m $21.5m 0.61% Reduced -886 -886
66 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 112,917112.9k $21.4m $21.4m 0.01% Reduced -20.2k -20,193
67 WHITTIER TRUST CO OF NEVADA INC 0.44% of their portfolio RENO, NV 110,561110.6k $21.3m $21.3m 0.44% Reduced -3.1k -3,131
68 CAPTRUST FINANCIAL ADVISORS 0.04% of their portfolio RALEIGH, NC 110,499110.5k $20.9m $20.9m 0.04% Reduced -2.9k -2,871
69 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 109,273109.3k $20.7m $20.7m 0.01% Reduced -14.1k -14,062
70 Corient Private Wealth LP 0.03% of their portfolio MIAMI, FL 108,564108.6k $20.2m $20.2m 0.03% Reduced -175.7k -175,681
71 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 104,854104.9k $19.9m $19.9m 0.03% Reduced -10.5k -10,536
72 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 103,769103.8k $19.7m $19.7m 0.01% Added +12.5k +12,497
73 Zhang Financial LLC 0.65% of their portfolio PORTAGE, MI 99,25299.3k $18.8m $18.8m 0.65% Reduced -703 -703
74 Elite Financial, Inc. 8.19% of their portfolio LEWISTON, ID 96,41196.4k $18.3m $18.3m 8.19% Added +87 +87
75 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 95,66095.7k $18.1m $18.1m 0.01% Reduced -100.5k -100,520
76 FLOW TRADERS U.S. LLC 0.56% of their portfolio NEW YORK, NY 94,08594.1k $17.8m $17.8m 0.56% Added +63.5k +63,470
77 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 92,50892.5k $16.8m $16.8m 0.01% Reduced -3.4k -3,449
78 Pinnacle Financial Partners, Inc. 0.13% of their portfolio ATLANTA, GA 92,49792.5k $17.5m $17.5m 0.13% Added +96 +96
79 Baird Financial Group, Inc. 0.03% of their portfolio MILWAUKEE, WI 91,58591.6k $17.4m $17.4m 0.03% Added +2.0k +2,012
80 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.13% of their portfolio NEW YORK, NY 91,27191.3k $17.3m $17.3m 0.13% Reduced -119.4k -119,430
81 NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio MONTREAL, A8 90,80790.8k $17.2m $17.2m 0.02% Added +88.7k +88,665
82 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 89,48789.5k $17.0m $17.0m 0.01% Added +2.0k +1,952
83 Fiduciary Trust Co 0.20% of their portfolio Boston, MA 88,30988.3k $16.7m $16.7m 0.20% Reduced -868 -868
84 Savant Capital, LLC 0.08% of their portfolio ROCKFORD, IL 84,75684.8k $16.1m $16.1m 0.08% Reduced -249 -249
85 THOMPSON SIEGEL & WALMSLEY LLC 0.28% of their portfolio RICHMOND, VA 83,73583.7k $15.9m $15.9m 0.28% Reduced -6.8k -6,824
86 Beacon Pointe Advisors, LLC 0.08% of their portfolio NEWPORT BEACH, CA 81,68881.7k $15.5m $15.5m 0.08% Added +20.5k +20,543
87 ASPIRIANT, LLC 0.43% of their portfolio San Francisco, CA 79,88379.9k $15.1m $15.1m 0.43% Reduced -2.5k -2,532
88 Waverly Advisors, LLC 0.11% of their portfolio BIRMINGHAM, AL 79,74279.7k $15.1m $15.1m 0.11% Reduced -371 -371
89 CWM, LLC 0.04% of their portfolio OMAHA, NE 76,05876.1k $14.4m $14.4m 0.04% Added +17.9k +17,879
90 Wealthspire Advisors, LLC 0.11% of their portfolio NEW YORK, NY 75,94775.9k $14.4m $14.4m 0.11% Reduced -1.5k -1,533
91 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 73,83673.8k $14.0m $14.0m 0.00% Added +19.7k +19,661
92 MONETA GROUP INVESTMENT ADVISORS LLC 0.10% of their portfolio ST LOUIS, MO 71,52871.5k $13.6m $13.6m 0.10% Reduced -789 -789
93 Hillcrest Wealth Advisors - NY, LLC 5.42% of their portfolio HAZLET, NJ 70,60570.6k $13.4m $13.4m 5.42% Added +275 +275
94 FULLER & THALER ASSET MANAGEMENT, INC. 0.04% of their portfolio SAN MATEO, CA 69,91369.9k $13.3m $13.3m 0.04% Reduced -229.6k -229,587
95 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 68,97569.0k $13.1m $13.1m 0.01% Added +32.5k +32,478
96 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 68,79968.8k $13.0m $13.0m 0.01% Reduced -7.2k -7,247
97 Strategic Equity Management 4.89% of their portfolio TUCSON, AZ 68,55368.6k $13.0m $13.0m 4.89% New
98 BAILARD, INC. 0.30% of their portfolio Foster City, CA 67,72367.7k $12.8m $12.8m 0.30% Reduced -1.4k -1,442
99 TIAA TRUST, NATIONAL ASSOCIATION 0.77% of their portfolio CHARLOTTE, NC 66,97067.0k $12.7m $12.7m 0.77% Reduced -2.7m -2,681,385
100 ARIEL INVESTMENTS, LLC 0.14% of their portfolio CHICAGO, IL 65,45565.5k $12.4m $12.4m 0.14% Added +32.1k +32,136