Vault-13

ISHARES TR IWM

RUSSELL 2000 ETF · ETP · CUSIP 464287655 · ISIN US4642876555

2,220 institutional holders +297 vs Q3 2023
359,748,608359.7m shares reported held*
$72.1bnreported value*
272 new 838 added 684 reduced 99 sold out net bought ≈ $8.2bn (+41.6m 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 ($66.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $200.29. Options: 101 managers hold calls ($51.2bn notional), 164 hold puts ($83.6bn).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

01k2k3kQ3 22: 1,866Q4 22: 1,990Q1 23: 1,911Q2 23: 1,968Q3 23: 1,923Q4 23: 2,2202,220Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 20221,866
Q4 20221,990
Q1 20231,911
Q2 20231,968
Q3 20231,923
Q4 20232,220

Buyers vs sellers

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

Bought or addedCut or sold out
2k02kQ4 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 23Q4 23: 1,110 bought or addedQ4 23: 783 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022863847
Q1 2023764944
Q2 2023849848
Q3 2023780882
Q4 20231,110783

Calls vs puts

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

CallsPuts
$0$25bn$50bn$75bn$100bnQ1 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 2.21Q4 23 calls: $51.2bnQ4 23 puts: $83.6bnQ4 23P/C 1.63
Numbers
QuarterCallsPutsP/C
Q1 2023$35.8bn$81.3bn2.27
Q2 2023$36.0bn$68.0bn1.89
Q3 2023$29.4bn$65.1bn2.21
Q4 2023$51.2bn$83.6bn1.63

Biggest buyers

MORGAN STANLEY Added +26,293,493+26.3m
ROYAL BANK OF CANADA Added +5,591,229+5.6m
Rafferty Asset Management, LLC Added +3,921,131+3.9m
Granite Bay Wealth Management, LLC Added +3,626,670+3.6m
WELLS FARGO & COMPANY/MN Added +3,621,048+3.6m
Rokos Capital Management LLP Added +3,149,594+3.1m
HRT FINANCIAL LP Added +2,101,704+2.1m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Added +1,913,000+1.9m
Varma Mutual Pension Insurance Co Added +1,841,190+1.8m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +1,782,969+1.8m

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -8,600,281-8.6m
TORONTO DOMINION BANK Reduced -7,710,742-7.7m
MILLENNIUM MANAGEMENT LLC Reduced -4,029,987-4.0m
BANK OF AMERICA CORP /DE/ Reduced -3,198,357-3.2m
BNP PARIBAS FINANCIAL MARKETS Reduced -2,965,845-3.0m
Balyasny Asset Management L.P. Reduced -1,918,295-1.9m
BARCLAYS PLC Reduced -1,629,899-1.6m
CITIGROUP INC Reduced -973,911-973.9k
Parallax Volatility Advisers, L.P. Sold out -892,509-892.5k
BANK OF MONTREAL /CAN/ Reduced -780,299-780.3k

Biggest calls

CITADEL ADVISORS LLC Added $6.2bn30.7m shares
BARCLAYS PLC New $4.6bn22.8m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.1bn20.3m shares
MILLENNIUM MANAGEMENT LLC Added $4.1bn20.2m shares
UBS Group AG Added $3.9bn19.6m shares
GOLDMAN SACHS GROUP INC Added $3.1bn15.3m shares
CITIGROUP INC Reduced $3.0bn15.0m shares
BANK OF AMERICA CORP /DE/ Added $2.6bn12.9m shares
WELLS FARGO & COMPANY/MN Added $2.6bn12.8m shares
Rokos Capital Management LLP Added $1.4bn6.8m shares

Biggest puts

CITADEL ADVISORS LLC Added $8.9bn44.1m shares
MILLENNIUM MANAGEMENT LLC Added $7.3bn36.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $7.3bn36.2m shares
BARCLAYS PLC New $7.0bn34.9m shares
CITIGROUP INC Reduced $6.6bn32.9m shares
BANK OF AMERICA CORP /DE/ Reduced $6.2bn31.0m shares
WELLS FARGO & COMPANY/MN Added $3.7bn18.3m shares
GOLDMAN SACHS GROUP INC Added $3.6bn17.7m shares
UBS Group AG Reduced $2.6bn12.9m shares
ROYAL BANK OF CANADA Added $2.4bn11.8m 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.41% of their portfolio NEW YORK, NY 45,927,90845.9m $9.2bn $9.2bn 0.41% Added +26.3m +26,293,493
2 BANK OF AMERICA CORP /DE/ 0.59% of their portfolio CHARLOTTE, NC 25,985,81826.0m $5.2bn $5.2bn 0.59% Reduced -3.2m -3,198,357
3 GOLDMAN SACHS GROUP INC 1.08% of their portfolio NEW YORK, NY 24,533,87124.5m $4.9bn $4.9bn 1.08% Reduced -8.6m -8,600,281
4 WELLS FARGO & COMPANY/MN 1.23% of their portfolio SAN FRANCISCO, CA 21,606,13621.6m $4.3bn $4.3bn 1.23% Added +3.6m +3,621,048
5 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 9.27% of their portfolio TORONTO, A6 13,119,00013.1m $2.6bn $2.6bn 9.27% Added +1.9m +1,913,000
6 BlackRock Inc. 0.05% of their portfolio New York, NY 9,685,5909.7m $1.9bn $1.9bn 0.05% Added +333.4k +333,447
7 ROYAL BANK OF CANADA 0.43% of their portfolio TORONTO, A6 8,631,9168.6m $1.7bn $1.7bn 0.43% Added +5.6m +5,591,229
8 Rafferty Asset Management, LLC 7.27% of their portfolio New York, NY 8,584,6878.6m $1.7bn $1.7bn 7.27% Added +3.9m +3,921,131
9 JPMORGAN CHASE & CO 0.09% of their portfolio NEW YORK, NY 8,305,9728.3m $1.7bn $1.7bn 0.09% Added +1.1m +1,085,836
10 TORONTO DOMINION BANK 2.19% of their portfolio TORONTO, ONTARIO, A6 7,514,0047.5m $1.5bn $1.5bn 2.19% Reduced -7.7m -7,710,742
11 Empower Advisory Group, LLC 5.92% of their portfolio Greenwood Village, CO 7,495,4847.5m $1.5bn $1.5bn 5.92% Added +49.7k +49,684
12 JONES FINANCIAL COMPANIES LLLP 2.21% of their portfolio DES PERES, MO 7,332,4757.3m $1.5bn $1.5bn 2.21% Added +225.5k +225,483
13 LPL Financial LLC 0.68% of their portfolio FORT MILL, SC 5,571,9485.6m $1.1bn $1.1bn 0.68% Added +353.3k +353,278
14 SUSQUEHANNA INTERNATIONAL GROUP, LLP 1.89% of their portfolio BALA CYNWYD, PA 5,565,6075.6m $1.1bn $1.1bn 1.89% Added +1.8m +1,782,969
15 BANK OF MONTREAL /CAN/ 0.30% of their portfolio TORONTO, A6 4,511,9284.5m $920.6m $920.6m 0.30% Reduced -780.3k -780,299
16 UBS Group AG 0.34% of their portfolio ZURICH, V8 4,261,9434.3m $855.4m $855.4m 0.34% Reduced -424.5k -424,489
17 Granite Bay Wealth Management, LLC 6.18% of their portfolio PORTSMOUTH, NH 3,899,0623.9m $690.8m $690.8m 6.18% Added +3.6m +3,626,670
18 NORTHERN TRUST CORP 0.14% of their portfolio CHICAGO, IL 3,801,7863.8m $763.1m $763.1m 0.14% Added +94.2k +94,226
19 US BANCORP \DE\ 1.09% of their portfolio MINNEAPOLIS, MN 3,665,9073.7m $735.8m $735.8m 1.09% Added +102.1k +102,108
20 HRT FINANCIAL LP 5.34% of their portfolio NEW YORK, NY 3,547,7883.5m $712.1m $712.1m 5.34% Added +2.1m +2,101,704
21 Rokos Capital Management LLP 21.56% of their portfolio LONDON, X0 3,527,5993.5m $708.2m $708.2m 21.56% Added +3.1m +3,149,594
22 PNC Financial Services Group, Inc. 0.52% of their portfolio Pittsburgh, PA 3,280,0343.3m $658.3m $658.3m 0.52% Reduced -129.0k -128,957
23 ENVESTNET ASSET MANAGEMENT INC 0.27% of their portfolio Berwyn, PA 3,256,1263.3m $653.5m $653.5m 0.27% Reduced -17.3k -17,301
24 Varma Mutual Pension Insurance Co 6.50% of their portfolio Varma, H9 2,884,3002.9m $578.9m $578.9m 6.50% Added +1.8m +1,841,190
25 BARCLAYS PLC 0.30% of their portfolio LONDON, X0 2,855,0322.9m $573.0m $573.0m 0.30% Reduced -1.6m -1,629,899
26 M&T Bank Corp 1.92% of their portfolio BUFFALO, NY 2,599,3212.6m $521.7m $521.7m 1.92% Added +85.4k +85,433
27 Balyasny Asset Management L.P. 1.41% of their portfolio Chicago, IL 2,543,4822.5m $510.5m $510.5m 1.41% Reduced -1.9m -1,918,295
28 CREDIT SUISSE AG/ 0.49% of their portfolio ZURICH, V8 2,511,5572.5m $504.2m $504.2m 0.49% Added +1.4m +1,390,421
29 Bank of New York Mellon Corp 0.09% of their portfolio NEW YORK, NY 2,272,3152.3m $456.1m $456.1m 0.09% Reduced -53.4k -53,432
30 FMR LLC 0.03% of their portfolio BOSTON, MA 1,926,5021.9m $386.7m $386.7m 0.03% Reduced -102.0k -102,021
31 JANE STREET GROUP, LLC 0.46% of their portfolio NEW YORK, NY 1,893,4591.9m $380.0m $380.0m 0.46% Added +133.5k +133,470
32 CITADEL ADVISORS LLC 0.36% of their portfolio MIAMI, FL 1,769,9121.8m $355.2m $355.2m 0.36% Reduced -138.7k -138,685
33 BNP PARIBAS FINANCIAL MARKETS 0.63% of their portfolio PARIS, I0 1,734,5231.7m $348.1m $348.1m 0.63% Reduced -3.0m -2,965,845
34 CANADA PENSION PLAN INVESTMENT BOARD 0.44% of their portfolio TORONTO ONTARIO, A6 1,723,0001.7m $345.8m $345.8m 0.44% Unchanged
35 CITIGROUP INC 0.40% of their portfolio NEW YORK, NY 1,519,3951.5m $305.0m $305.0m 0.40% Reduced -973.9k -973,911
36 FACTORY MUTUAL INSURANCE CO 3.76% of their portfolio WALTHAM, MA 1,508,7001.5m $302.8m $302.8m 3.76% Added +523.0k +523,000
37 CIBC WORLD MARKET INC. 0.85% of their portfolio TORONTO, A6 1,502,0321.5m $301.5m $301.5m 0.85% Added +1.4m +1,425,065
38 TRUIST FINANCIAL CORP 0.47% of their portfolio CHARLOTTE, NC 1,463,7121.5m $293.8m $293.8m 0.47% Added +208.7k +208,693
39 FRANKLIN RESOURCES INC 0.13% of their portfolio San Mateo, CA 1,403,8521.4m $281.8m $281.8m 0.13% Added +31.9k +31,943
40 WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio Boston, MA 1,363,0761.4m $273.6m $273.6m 0.05% Added +317.2k +317,163
41 AMERIPRISE FINANCIAL INC 0.08% of their portfolio MINNEAPOLIS, MN 1,322,2101.3m $265.6m $265.6m 0.08% Added +68.2k +68,158
42 Millburn Ridgefield LLC /DE/ 8.12% of their portfolio New York, NY 1,320,3931.3m $265.0m $265.0m 8.12% Reduced -237.1k -237,076
43 Catalyst Capital Advisors LLC 7.12% of their portfolio San Juan, PR 1,320,3931.3m $265.0m $265.0m 7.12% Reduced -237.1k -237,076
44 SOROS FUND MANAGEMENT LLC 4.56% of their portfolio NEW YORK, NY 1,198,0231.2m $240.5m $240.5m 4.56% Added +1.0m +1,037,497
45 Baird Financial Group, Inc. 0.51% of their portfolio MILWAUKEE, WI 1,109,7901.1m $222.7m $222.7m 0.51% Added +68.3k +68,342
46 Envestnet Portfolio Solutions, Inc. 0.85% of their portfolio BERWYN, PA 1,014,5701.0m $203.6m $203.6m 0.85% Added +1.4k +1,370
47 Twin Tree Management, LP 3.58% of their portfolio DALLAS, TX 986,583986.6k $198.0m $198.0m 3.58% Added +762.1k +762,143
48 ALLIANCEBERNSTEIN L.P. 0.08% of their portfolio NASHVILLE, TN 976,555976.6k $196.0m $196.0m 0.08% Added +516.5k +516,528
49 TWO SIGMA INVESTMENTS, LP 0.47% of their portfolio NEW YORK, NY 968,036968.0k $194.3m $194.3m 0.47% Added +963.0k +962,985
50 RAYMOND JAMES & ASSOCIATES 0.14% of their portfolio ST PETERSBURG, FL 928,166928.2k $186.3m $186.3m 0.14% Added +90.1k +90,063
51 Pathstone Holdings, LLC 1.00% of their portfolio ENGLEWOOD, NJ 917,597917.6k $184.2m $184.2m 1.00% First filing
52 Cerity Partners LLC 0.37% of their portfolio NEW YORK, NY 901,125901.1k $111.3m $111.3m 0.37% Added +641.3k +641,288
53 AMG National Trust Bank 5.54% of their portfolio GREENWOOD VILLAGE, CO 879,658879.7k $176.6m $176.6m 5.54% Reduced -17.6k -17,586
54 OSAIC HOLDINGS, INC. 0.31% of their portfolio SCOTTSDALE, AZ 878,215878.2k $176.3m $176.3m 0.31% Reduced -275.0k -275,004
55 AVANTAX ADVISORY SERVICES, INC. 1.74% of their portfolio DALLAS, TX 874,194874.2k $175.5m $175.5m 1.74% Reduced -63.4k -63,357
56 IMC-Chicago, LLC 5.42% of their portfolio CHICAGO, IL 847,801847.8k $170.2m $170.2m 5.42% New
57 KEYBANK NATIONAL ASSOCIATION/OH 0.74% of their portfolio BROOKLYN, OH 833,617833.6k $167.3m $167.3m 0.74% Added +19.4k +19,415
58 Temasek Holdings (Private) Ltd 0.90% of their portfolio SINGAPORE, U0 805,000805.0k $161.6m $161.6m 0.90% Unchanged
59 Jefferies Financial Group Inc. 2.47% of their portfolio NEW YORK, NY 783,620783.6k $157.3m $157.3m 2.47% Added +186.6k +186,567
60 Raymond James Financial Services Advisors, Inc. 0.25% of their portfolio ST. PETERSBURG, FL 777,911777.9k $156.1m $156.1m 0.25% Added +82.2k +82,152
61 BROWN ADVISORY INC 0.22% of their portfolio BALTIMORE, MD 768,110768.1k $154.2m $154.2m 0.22% Added +63.8k +63,765
62 HighTower Advisors, LLC 0.26% of their portfolio CHICAGO, IL 759,903759.9k $152.4m $152.4m 0.26% Added +177.3k +177,316
63 Senator Investment Group LP 6.45% of their portfolio New York, NY 750,000750.0k $150.5m $150.5m 6.45% Not comparable
64 Johns Hopkins University 6.31% of their portfolio BALTIMORE, MD 747,499747.5k $150.0m $150.0m 6.31% New
65 Mariner, LLC 0.35% of their portfolio Overland Park, KS 732,222732.2k $147.0m $147.0m 0.35% Reduced -31.6k -31,590
66 Durable Capital Partners LP 1.15% of their portfolio Bethesda, MD 725,852725.9k $145.7m $145.7m 1.15% Added +449.1k +449,134
67 SYNOVUS FINANCIAL CORP 2.01% of their portfolio Columbus, GA 707,556707.6k $142.0m $142.0m 2.01% Reduced -291.4k -291,382
68 LBMC INVESTMENT ADVISORS, LLC 13.39% of their portfolio BRENTWOOD, TN 701,605701.6k $140.8m $140.8m 13.39% Reduced -8.7k -8,662
69 TIAA TRUST, NATIONAL ASSOCIATION 0.46% of their portfolio CHARLOTTE, NC 692,013692.0k $138.9m $138.9m 0.46% Reduced -7.6k -7,630
70 Rockefeller Capital Management L.P. 0.44% of their portfolio NEW YORK, NY 660,948660.9k $132.7m $132.7m 0.44% Added +56.5k +56,532
71 FIFTH THIRD BANCORP 0.54% of their portfolio CINCINNATI, OH 630,892630.9k $126.6m $126.6m 0.54% Reduced -24.8k -24,819
72 Sand Hill Global Advisors, LLC 6.08% of their portfolio Palo Alto, CA 629,485629.5k $126.3m $126.3m 6.08% Added +4.0k +4,006
73 SG Americas Securities, LLC 1.38% of their portfolio NEW YORK, NY 624,780624.8k $125.4m $125.4m 1.38% Reduced -405.6k -405,601
74 NEUBERGER BERMAN GROUP LLC 0.11% of their portfolio NEW YORK, NY 618,559618.6k $124.2m $124.2m 0.11% Added +484.8k +484,764
75 COMMONWEALTH EQUITY SERVICES, LLC 0.22% of their portfolio WALTHAM, MA 611,705611.7k $122.8m $122.8m 0.22% Added +48.9k +48,897
76 Creative Planning 0.22% of their portfolio OVERLAND PARK, KS 591,281591.3k $118.7m $118.7m 0.22% Added +646 +646
77 HSBC HOLDINGS PLC 0.11% of their portfolio LONDON, X0 588,614588.6k $118.5m $118.5m 0.11% Added +22.7k +22,659
78 CIBC Private Wealth Group LLC 0.25% of their portfolio ATLANTA, GA 585,500585.5k $117.5m $117.5m 0.25% Added +31.2k +31,202
79 BROADWOOD CAPITAL INC 9.68% of their portfolio New York, NY 566,000566.0k $113.6m $113.6m 9.68% Unchanged
80 Angeles Investment Advisors, LLC 6.83% of their portfolio SANTA MONICA, CA 564,100564.1k $113.2m $113.2m 6.83% Added +564.0k +564,000
81 Jump Financial, LLC 3.49% of their portfolio Chicago, IL 538,710538.7k $108.1m $108.1m 3.49% New
82 COMMERCE BANK 0.74% of their portfolio KANSAS CITY, MO 516,398516.4k $103.6m $103.6m 0.74% Reduced -8.0k -8,012
83 GLENMEDE TRUST CO NA 0.53% of their portfolio PHILADELPHIA, PA 509,798509.8k $102.3m $102.3m 0.53% Added +44.5k +44,501
84 IRIDIAN ASSET MANAGEMENT LLC/CT 18.20% of their portfolio WESTPORT, CT 500,000500.0k $100.4m $100.4m 18.20% Added +300.0k +300,000
85 Mizuho Bank, Ltd. 11.85% of their portfolio TOKYO, M0 500,000500.0k $100.4m $100.4m 11.85% New
86 Murchinson Ltd. 17.48% of their portfolio TORONTO, A6 500,000500.0k $100.4m $100.4m 17.48% New
87 GRIMES & Co WEALTH MANAGEMENT, LLC 3.28% of their portfolio WESTBOROUGH, MA 493,080493.1k $99.0m $99.0m 3.28% Added +542 +542
88 STIFEL FINANCIAL CORP 0.12% of their portfolio ST. LOUIS, MO 485,451485.5k $97.4m $97.4m 0.12% Added +96.6k +96,606
89 59 North Capital Management, LP 7.84% of their portfolio Houston, TX 484,158484.2k $97.2m $97.2m 7.84% New
90 Sculptor Capital LP 2.43% of their portfolio New York, NY 481,800481.8k $96.7m $96.7m 2.43% New
91 GENDELL JEFFREY L 4.91% of their portfolio Greenwich, CT 450,000450.0k $90.3m $90.3m 4.91% Added +72.5k +72,500
92 Cetera Advisor Networks LLC 0.50% of their portfolio EL SEGUNDO, CA 446,479446.5k $89.6m $89.6m 0.50% Added +87.0k +86,972
93 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.10% of their portfolio MILWAUKEE, WI 442,061442.1k $88.7m $88.7m 0.10% Added +69.8k +69,839
94 Greenhouse Funds LLLP 5.70% of their portfolio BALTIMORE, MD 417,567417.6k $83.8m $83.8m 5.70% Added +386.4k +386,400
95 BLAIR WILLIAM & CO/IL 0.28% of their portfolio CHICAGO, IL 415,678415.7k $83.4m $83.4m 0.28% Added +47.5k +47,531
96 Man Group plc 0.23% of their portfolio LONDON, X0 396,862396.9k $79.7m $79.7m 0.23% New
97 NATIONAL BANK OF CANADA /FI/ 0.14% of their portfolio MONTREAL, A8 395,826395.8k $79.0m $79.0m 0.14% Reduced -61.5k -61,533
98 MARSHALL WACE, LLP 0.14% of their portfolio LONDON, X0 377,976378.0k $75.9m $75.9m 0.14% New
99 Divisadero Street Capital Management, LP 17.12% of their portfolio MIAMI, FL 377,004377.0k $75.7m $75.7m 17.12% New
100 Thrivent Financial for Lutherans 0.16% of their portfolio Minneapolis, MN 376,227376.2k $75.5m $75.5m 0.16% Added +285.3k +285,287