Vault-13

ISHARES TR IWM

RUSSELL 2000 ETF · ETP · CUSIP 464287655 · ISIN US4642876555

1,923 institutional holders -45 vs Q2 2023
317,010,227317.0m shares reported held*
$56.1bnreported value*
92 new 688 added 739 reduced 143 sold out net bought ≈ $708.2m (+4.0m 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 ($72.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $176.90. Options: 74 managers hold calls ($29.4bn notional), 129 hold puts ($65.1bn).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 1,866Q4 22: 1,990Q1 23: 1,911Q2 23: 1,968Q3 23: 1,9231,923Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 20221,866
Q4 20221,990
Q1 20231,911
Q2 20231,968
Q3 20231,923

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 863 bought or addedQ4 22: 847 cut or sold outQ4 22Q1 23: 764 bought or addedQ1 23: 944 cut or sold outQ1 23Q2 23: 849 bought or addedQ2 23: 848 cut or sold outQ2 23Q3 23: 780 bought or addedQ3 23: 882 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022863847
Q1 2023764944
Q2 2023849848
Q3 2023780882

Calls vs puts

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

CallsPuts
$0$25bn$50bn$75bn$100bnQ4 22 calls: $26.5bnQ4 22 puts: $58.0bnQ4 22P/C 2.19Q1 23 calls: $35.8bnQ1 23 puts: $81.3bnQ1 23P/C 2.27Q2 23 calls: $36.0bnQ2 23 puts: $68.0bnQ2 23P/C 1.89Q3 23 calls: $29.4bnQ3 23 puts: $65.1bnQ3 23P/C 2.21
Numbers
QuarterCallsPutsP/C
Q4 2022$26.5bn$58.0bn2.19
Q1 2023$35.8bn$81.3bn2.27
Q2 2023$36.0bn$68.0bn1.89
Q3 2023$29.4bn$65.1bn2.21

Biggest buyers

MORGAN STANLEY Added +5,063,767+5.1m
GOLDMAN SACHS GROUP INC Added +4,175,736+4.2m
BNP PARIBAS FINANCIAL MARKETS Added +3,541,610+3.5m
MILLENNIUM MANAGEMENT LLC Added +3,429,374+3.4m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +2,520,586+2.5m
CITIGROUP INC Added +1,646,914+1.6m
BARCLAYS PLC Added +1,360,520+1.4m
CITADEL ADVISORS LLC Added +1,206,863+1.2m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Added +890,400+890.4k
BANK OF MONTREAL /CAN/ Added +764,182+764.2k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -3,200,541-3.2m
Varma Mutual Pension Insurance Co Reduced -2,994,300-3.0m
WELLS FARGO & COMPANY/MN Reduced -2,087,688-2.1m
CLEAR STREET LLC Sold out -2,050,000-2.0m
BANQUE PICTET & CIE SA Reduced -1,796,520-1.8m
ROYAL BANK OF CANADA Reduced -1,699,491-1.7m
TORONTO DOMINION BANK Reduced -1,228,828-1.2m
Clal Insurance Enterprises Holdings Ltd Sold out -1,057,000-1.1m
JPMORGAN CHASE & CO Reduced -908,536-908.5k
Veritable, L.P. Sold out -725,712-725.7k

Biggest calls

CITADEL ADVISORS LLC Reduced $5.2bn29.5m shares
CITIGROUP INC Reduced $2.8bn16.1m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.8bn15.8m shares
MILLENNIUM MANAGEMENT LLC Reduced $2.2bn12.5m shares
BANK OF AMERICA CORP /DE/ Reduced $2.0bn11.3m shares
UBS Group AG Added $1.8bn10.3m shares
GOLDMAN SACHS GROUP INC Reduced $1.5bn8.3m shares
Belvedere Trading LLC Added $1.4bn8.1m shares
Parallax Volatility Advisers, L.P. Added $1.4bn7.9m shares
BNP PARIBAS FINANCIAL MARKETS Added $1.3bn71.8k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $8.5bn48.1m shares
CITADEL ADVISORS LLC Reduced $7.5bn42.5m shares
CITIGROUP INC Added $6.7bn37.7m shares
BANK OF AMERICA CORP /DE/ Reduced $5.8bn32.6m shares
MILLENNIUM MANAGEMENT LLC Reduced $5.5bn31.4m shares
UBS Group AG Added $3.1bn17.3m shares
GOLDMAN SACHS GROUP INC Reduced $3.0bn17.1m shares
WELLS FARGO & COMPANY/MN Reduced $2.3bn13.2m shares
Parallax Volatility Advisers, L.P. Added $2.0bn11.5m shares
Eisler Capital (UK) Ltd. Added $1.9bn10.9m 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 GOLDMAN SACHS GROUP INC 1.49% of their portfolio NEW YORK, NY 33,134,15233.1m $5.9bn $5.9bn 1.49% Added +4.2m +4,175,736
2 BANK OF AMERICA CORP /DE/ 0.63% of their portfolio CHARLOTTE, NC 29,184,17529.2m $5.2bn $5.2bn 0.63% Reduced -3.2m -3,200,541
3 MORGAN STANLEY 0.35% of their portfolio NEW YORK, NY 19,634,41519.6m $3.5bn $3.5bn 0.35% Added +5.1m +5,063,767
4 WELLS FARGO & COMPANY/MN 0.99% of their portfolio SAN FRANCISCO, CA 17,985,08818.0m $3.2bn $3.2bn 0.99% Reduced -2.1m -2,087,688
5 TORONTO DOMINION BANK 2.23% of their portfolio TORONTO, ONTARIO, A6 15,224,74615.2m $2.7bn $2.7bn 2.23% Reduced -1.2m -1,228,828
6 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 9.02% of their portfolio TORONTO, A6 11,206,00011.2m $2.0bn $2.0bn 9.02% Added +890.4k +890,400
7 BlackRock Inc. 0.05% of their portfolio New York, NY 9,352,1439.4m $1.7bn $1.7bn 0.05% Reduced -404.7k -404,672
8 Empower Advisory Group, LLC 5.82% of their portfolio Greenwood Village, CO 7,445,8007.4m $1.3bn $1.3bn 5.82% Added +33.8k +33,773
9 JPMORGAN CHASE & CO 0.15% of their portfolio NEW YORK, NY 7,220,1367.2m $1.3bn $1.3bn 0.15% Reduced -908.5k -908,536
10 JONES FINANCIAL COMPANIES LLLP 2.07% of their portfolio DES PERES, MO 7,106,9927.1m $1.3bn $1.3bn 2.07% Added +164.8k +164,788
11 BANK OF MONTREAL /CAN/ 0.36% of their portfolio TORONTO, A6 5,292,2275.3m $979.3m $979.3m 0.36% Added +764.2k +764,182
12 LPL Financial LLC 0.65% of their portfolio FORT MILL, SC 5,218,6705.2m $922.3m $922.3m 0.65% Added +59.4k +59,433
13 BNP PARIBAS FINANCIAL MARKETS 1.85% of their portfolio PARIS, I0 4,700,3684.7m $830.7m $830.7m 1.85% Added +3.5m +3,541,610
14 UBS Group AG 0.38% of their portfolio ZURICH, V8 4,686,4324.7m $828.3m $828.3m 0.38% Added +236.7k +236,715
15 Rafferty Asset Management, LLC 4.84% of their portfolio New York, NY 4,663,5564.7m $824.2m $824.2m 4.84% Reduced -238.1k -238,127
16 BARCLAYS PLC 0.52% of their portfolio LONDON, X0 4,484,9314.5m $792.7m $792.7m 0.52% Added +1.4m +1,360,520
17 Balyasny Asset Management L.P. 2.21% of their portfolio Chicago, IL 4,461,7774.5m $788.6m $788.6m 2.21% Added +190.7k +190,714
18 MILLENNIUM MANAGEMENT LLC 0.80% of their portfolio NEW YORK, NY 4,326,8544.3m $764.7m $764.7m 0.80% Added +3.4m +3,429,374
19 SUSQUEHANNA INTERNATIONAL GROUP, LLP 1.04% of their portfolio BALA CYNWYD, PA 3,782,6383.8m $668.5m $668.5m 1.04% Added +2.5m +2,520,586
20 NORTHERN TRUST CORP 0.13% of their portfolio CHICAGO, IL 3,707,5603.7m $655.3m $655.3m 0.13% Reduced -31.9k -31,877
21 US BANCORP \DE\ 1.03% of their portfolio MINNEAPOLIS, MN 3,563,7993.6m $629.1m $629.1m 1.03% Added +128.2k +128,239
22 PNC Financial Services Group, Inc. 0.52% of their portfolio Pittsburgh, PA 3,408,9913.4m $602.5m $602.5m 0.52% Reduced -60.1k -60,061
23 ENVESTNET ASSET MANAGEMENT INC 0.26% of their portfolio Berwyn, PA 3,273,4273.3m $578.5m $578.5m 0.26% Added +184.7k +184,704
24 ROYAL BANK OF CANADA 0.16% of their portfolio TORONTO, A6 3,040,6873.0m $537.4m $537.4m 0.16% Reduced -1.7m -1,699,491
25 M&T Bank Corp 1.77% of their portfolio BUFFALO, NY 2,513,8882.5m $444.3m $444.3m 1.77% Reduced -14.7k -14,680
26 CITIGROUP INC 0.63% of their portfolio NEW YORK, NY 2,493,3062.5m $440.7m $440.7m 0.63% Added +1.6m +1,646,914
27 Bank of New York Mellon Corp 0.09% of their portfolio NEW YORK, NY 2,325,7472.3m $411.1m $411.1m 0.09% Added +39.5k +39,487
28 FMR LLC 0.03% of their portfolio BOSTON, MA 2,028,5232.0m $358.5m $358.5m 0.03% Reduced -145.6k -145,627
29 CITADEL ADVISORS LLC 0.36% of their portfolio MIAMI, FL 1,908,5971.9m $337.3m $337.3m 0.36% Added +1.2m +1,206,863
30 JANE STREET GROUP, LLC 0.48% of their portfolio NEW YORK, NY 1,759,9891.8m $311.1m $311.1m 0.48% Added +2.3k +2,263
31 CANADA PENSION PLAN INVESTMENT BOARD 0.45% of their portfolio TORONTO ONTARIO, A6 1,723,0001.7m $304.5m $304.5m 0.45% Unchanged
32 Millburn Ridgefield LLC /DE/ 8.93% of their portfolio New York, NY 1,557,4691.6m $275.3m $275.3m 8.93% Reduced -367.1k -367,146
33 Catalyst Capital Advisors LLC 7.70% of their portfolio San Juan, PR 1,557,4691.6m $275.3m $275.3m 7.70% Reduced -367.1k -367,146
34 HRT FINANCIAL LP 2.65% of their portfolio NEW YORK, NY 1,446,0841.4m $255.6m $255.6m 2.65% Reduced -634.4k -634,448
35 FRANKLIN RESOURCES INC 0.12% of their portfolio San Mateo, CA 1,371,9091.4m $242.5m $242.5m 0.12% Added +705.2k +705,203
36 TRUIST FINANCIAL CORP 0.37% of their portfolio CHARLOTTE, NC 1,255,0191.3m $221.8m $221.8m 0.37% Added +61.8k +61,772
37 AMERIPRISE FINANCIAL INC 0.07% of their portfolio MINNEAPOLIS, MN 1,254,0521.3m $221.6m $221.6m 0.07% Added +126.8k +126,823
38 OSAIC HOLDINGS, INC. 0.30% of their portfolio SCOTTSDALE, AZ 1,153,2191.2m $203.9m $203.9m 0.30% Added +403.7k +403,707
39 CREDIT SUISSE AG/ 0.20% of their portfolio ZURICH, V8 1,121,1361.1m $198.1m $198.1m 0.20% Reduced -134.3k -134,254
40 J.P. Morgan Private Wealth Advisors LLC 0.53% of their portfolio SAN FRANCISCO, CA 1,058,4591.1m $187.1m $187.1m 0.53% Reduced -81.4k -81,379
41 WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio Boston, MA 1,045,9131.0m $184.9m $184.9m 0.04% Reduced -598.5k -598,517
42 Varma Mutual Pension Insurance Co 2.23% of their portfolio Varma, H9 1,043,1101.0m $184.4m $184.4m 2.23% Reduced -3.0m -2,994,300
43 Baird Financial Group, Inc. 0.50% of their portfolio MILWAUKEE, WI 1,041,4481.0m $184.1m $184.1m 0.50% Added +3.2k +3,156
44 SG Americas Securities, LLC 2.44% of their portfolio NEW YORK, NY 1,030,3811.0m $182.1m $182.1m 2.44% Added +310.4k +310,353
45 Envestnet Portfolio Solutions, Inc. 0.85% of their portfolio BERWYN, PA 1,013,2001.0m $179.1m $179.1m 0.85% First filing
46 SYNOVUS FINANCIAL CORP 2.01% of their portfolio Columbus, GA 998,938998.9k $176.6m $176.6m 2.01% Added +109.1k +109,073
47 FACTORY MUTUAL INSURANCE CO 2.43% of their portfolio WALTHAM, MA 985,700985.7k $174.2m $174.2m 2.43% Added +183.4k +183,400
48 AVANTAX ADVISORY SERVICES, INC. 1.86% of their portfolio DALLAS, TX 937,551937.6k $165.7m $165.7m 1.86% Reduced -20.5k -20,507
49 AMG National Trust Bank 5.54% of their portfolio GREENWOOD VILLAGE, CO 897,244897.2k $158.6m $158.6m 5.54% Reduced -13.9k -13,934
50 PATHSTONE FAMILY OFFICE, LLC 1.23% of their portfolio ENGLEWOOD, NJ 893,233893.2k $157.9m $157.9m 1.23% Added +716.2k +716,176
51 Parallax Volatility Advisers, L.P. 5.54% of their portfolio San Francisco, CA 892,509892.5k $157.7m $157.7m 5.54% Added +451.4k +451,378
52 RAYMOND JAMES & ASSOCIATES 0.12% of their portfolio ST PETERSBURG, FL 838,103838.1k $148.1m $148.1m 0.12% Added +8.7k +8,662
53 KEYBANK NATIONAL ASSOCIATION/OH 0.69% of their portfolio BROOKLYN, OH 814,202814.2k $143.9m $143.9m 0.69% Reduced -11.5k -11,460
54 Temasek Holdings (Private) Ltd 0.85% of their portfolio SINGAPORE, U0 805,000805.0k $142.3m $142.3m 0.85% Unchanged
55 Mariner, LLC 0.36% of their portfolio Overland Park, KS 763,812763.8k $135.0m $135.0m 0.36% Added +37.2k +37,219
56 LBMC INVESTMENT ADVISORS, LLC 12.93% of their portfolio BRENTWOOD, TN 710,267710.3k $121.6m $121.6m 12.93% Reduced -6.6k -6,613
57 BROWN ADVISORY INC 0.20% of their portfolio BALTIMORE, MD 704,345704.3k $124.5m $124.5m 0.20% Reduced -13.3k -13,298
58 TIAA TRUST, NATIONAL ASSOCIATION 0.45% of their portfolio CHARLOTTE, NC 699,643699.6k $123.7m $123.7m 0.45% First filing
59 Raymond James Financial Services Advisors, Inc. 0.22% of their portfolio ST. PETERSBURG, FL 695,759695.8k $123.0m $123.0m 0.22% Added +18.3k +18,346
60 FIFTH THIRD BANCORP 0.54% of their portfolio CINCINNATI, OH 655,711655.7k $115.9m $115.9m 0.54% Reduced -25.7k -25,673
61 Sand Hill Global Advisors, LLC 6.09% of their portfolio Palo Alto, CA 625,479625.5k $110.5m $110.5m 6.09% Added +5.0k +5,032
62 Rockefeller Capital Management L.P. 0.41% of their portfolio NEW YORK, NY 604,416604.4k $106.8m $106.8m 0.41% Added +77.4k +77,425
63 Jefferies Financial Group Inc. 2.63% of their portfolio NEW YORK, NY 597,053597.1k $105.5m $105.5m 2.63% Reduced -112.9k -112,863
64 Corient Private Wealth LP 0.20% of their portfolio MIAMI, FL 595,179595.2k $86.5m $86.5m 0.20% Added +357.1k +357,120
65 Creative Planning 0.14% of their portfolio OVERLAND PARK, KS 590,635590.6k $104.4m $104.4m 0.14% Added +46.6k +46,620
66 GTS SECURITIES LLC 2.17% of their portfolio NEW YORK, NY 590,234590.2k $104.3m $104.3m 2.17% Added +517.0k +517,031
67 HighTower Advisors, LLC 0.19% of their portfolio CHICAGO, IL 582,587582.6k $103.0m $103.0m 0.19% Added +83.5k +83,519
68 Allianz Asset Management GmbH 0.21% of their portfolio MUNICH, 2M 580,200580.2k $102.5m $102.5m 0.21% New
69 BROADWOOD CAPITAL INC 8.89% of their portfolio New York, NY 566,000566.0k $100.0m $100.0m 8.89% Reduced -124.0k -124,000
70 HSBC HOLDINGS PLC 0.11% of their portfolio LONDON, X0 565,955566.0k $100.1m $100.1m 0.11% Added +66.7k +66,650
71 COMMONWEALTH EQUITY SERVICES, LLC 0.21% of their portfolio WALTHAM, MA 562,808562.8k $99.5m $99.5m 0.21% Reduced -36.0k -35,965
72 CIBC Private Wealth Group LLC 0.23% of their portfolio ATLANTA, GA 554,298554.3k $98.0m $98.0m 0.23% Reduced -555.5k -555,472
73 COMMERCE BANK 0.73% of their portfolio KANSAS CITY, MO 524,410524.4k $92.7m $92.7m 0.73% Reduced -6.0k -6,038
74 NATIXIS 0.70% of their portfolio PARIS, I0 500,000500.0k $88.4m $88.4m 0.70% Reduced -250.0k -250,000
75 GRIMES & Co WEALTH MANAGEMENT, LLC 3.37% of their portfolio WESTBOROUGH, MA 492,538492.5k $87.1m $87.1m 3.37% Reduced -440.9k -440,857
76 Alberta Investment Management Corp 0.93% of their portfolio EDMONTON, A0 492,100492.1k $87.0m $87.0m 0.93% Unchanged
77 GLENMEDE TRUST CO NA 0.47% of their portfolio PHILADELPHIA, PA 465,297465.3k $82.2m $82.2m 0.47% Reduced -29.8k -29,847
78 AE Wealth Management LLC 0.49% of their portfolio TOPEKA, KS 464,001464.0k $82.0m $82.0m 0.49% Reduced -91.1k -91,091
79 ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio NASHVILLE, TN 460,027460.0k $81.3m $81.3m 0.03% Reduced -641.5k -641,450
80 NATIONAL BANK OF CANADA /FI/ 0.14% of their portfolio MONTREAL, A8 457,359457.4k $79.6m $79.6m 0.14% Reduced -28.3k -28,268
81 Belvedere Trading LLC 10.43% of their portfolio CHICAGO, IL 442,816442.8k $78.3m $78.3m 10.43% New
82 STIFEL FINANCIAL CORP 0.10% of their portfolio ST. LOUIS, MO 388,845388.8k $68.7m $68.7m 0.10% Reduced -23.6k -23,650
83 MAI Capital Management 1.01% of their portfolio INDEPENDENCE, OH 383,520383.5k $67.8m $67.8m 1.01% Reduced -2.5k -2,473
84 Rokos Capital Management LLP 2.46% of their portfolio LONDON, X0 378,005378.0k $67.3m $67.3m 2.46% New
85 GENDELL JEFFREY L 3.80% of their portfolio Greenwich, CT 377,500377.5k $66.7m $66.7m 3.80% New
86 HALBERT HARGROVE GLOBAL ADVISORS, LLC 4.96% of their portfolio LONG BEACH, CA 372,534372.5k $65.8m $65.8m 4.96% Added +2.0k +2,047
87 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.09% of their portfolio MILWAUKEE, WI 372,222372.2k $65.8m $65.8m 0.09% Reduced -6.1k -6,065
88 BLAIR WILLIAM & CO/IL 0.25% of their portfolio CHICAGO, IL 368,147368.1k $65.1m $65.1m 0.25% Added +30.4k +30,429
89 WASHINGTON TRUST Co 2.82% of their portfolio WESTERLY, RI 362,088362.1k $64.0m $64.0m 2.82% Added +5.2k +5,162
90 Cetera Advisor Networks LLC 0.40% of their portfolio EL SEGUNDO, CA 359,507359.5k $63.5m $63.5m 0.40% Added +176.7k +176,727
91 CITIZENS FINANCIAL GROUP INC/RI 2.60% of their portfolio PROVIDENCE, RI 359,117359.1k $63.8m $63.8m 2.60% Reduced -445 -445
92 Cresset Asset Management, LLC 0.42% of their portfolio Chicago, IL 345,797345.8k $61.4m $61.4m 0.42% Added +2.2k +2,200
93 COMERICA BANK 0.32% of their portfolio DALLAS, TX 343,513343.5k $60.7m $60.7m 0.32% New
94 DEUTSCHE BANK AG\ 0.04% of their portfolio FRANKFURT AM MAIN, 2M 338,045338.0k $59.7m $59.7m 0.04% Added +79.4k +79,417
95 ARVEST TRUST CO N A 3.85% of their portfolio ROGERS, AR 333,794333.8k $59.0m $59.0m 3.85% Reduced -1.6k -1,582
96 MONETA GROUP INVESTMENT ADVISORS LLC 1.33% of their portfolio ST LOUIS, MO 330,162330.2k $58.4m $58.4m 1.33% Added +3.8k +3,821
97 CAPTRUST FINANCIAL ADVISORS 0.21% of their portfolio RALEIGH, NC 316,158316.2k $55.9m $55.9m 0.21% Added +38.1k +38,052
98 Alaska Permanent Fund Corp 1.03% of their portfolio JUNEAU, AK 309,518309.5k $54.7m $54.7m 1.03% Reduced -26.4k -26,429
99 Walleye Trading LLC 1.23% of their portfolio NEW YORK, NY 297,467297.5k $52.6m $52.6m 1.23% Added +275.9k +275,861
100 REGIONS FINANCIAL CORP 0.46% of their portfolio BIRMINGHAM, AL 290,001290.0k $51.3m $51.3m 0.46% Reduced -6.3k -6,289