Vault-13

ISHARES TR IUSV

CORE S&P US VLU · ETP · CUSIP 464287663

735 institutional holders +8 vs Q4 2024
177,722,391177.7m shares reported held*
$16.4bnreported value*
55 new 287 added 218 reduced 40 sold out net bought ≈ $745.4m (+7.8m 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 ($32.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $92.24. Options: 1 managers hold calls ($276.9k notional), 0 hold puts (—).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 478Q4 22: 548Q1 23: 551Q2 23: 577Q3 23: 572Q4 23: 627Q1 24: 633Q2 24: 654Q3 24: 687Q4 24: 727Q1 25: 735735Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022478
Q4 2022548
Q1 2023551
Q2 2023577
Q3 2023572
Q4 2023627
Q1 2024633
Q2 2024654
Q3 2024687
Q4 2024727
Q1 2025735

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 225 bought or addedQ2 23: 224 cut or sold outQ3 23: 217 bought or addedQ3 23: 221 cut or sold outQ3 23Q4 23: 276 bought or addedQ4 23: 204 cut or sold outQ1 24: 291 bought or addedQ1 24: 253 cut or sold outQ1 24Q2 24: 295 bought or addedQ2 24: 246 cut or sold outQ3 24: 309 bought or addedQ3 24: 244 cut or sold outQ3 24Q4 24: 317 bought or addedQ4 24: 252 cut or sold outQ1 25: 342 bought or addedQ1 25: 258 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023225224
Q3 2023217221
Q4 2023276204
Q1 2024291253
Q2 2024295246
Q3 2024309244
Q4 2024317252
Q1 2025342258

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ2 24 calls: $0Q2 24 puts: $0Q2 24P/C —Q3 24 calls: $267.4kQ3 24 puts: $191.0kQ3 24P/C 0.71Q4 24 calls: $268.5kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $276.9kQ1 25 puts: $0Q1 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2024$0$0—
Q3 2024$267.4k$191.0k0.71
Q4 2024$268.5k$00.00
Q1 2025$276.9k$00.00

Biggest buyers

Kestra Investment Management, LLC Added +2,948,396+2.9m
CHURCHILL MANAGEMENT Corp New +1,877,261+1.9m
LPL Financial LLC Added +612,628+612.6k
BANK OF AMERICA CORP /DE/ Added +607,522+607.5k
Merit Financial Group, LLC Added +606,410+606.4k
JONES FINANCIAL COMPANIES LLLP Added +524,480+524.5k
Venturi Wealth Management, LLC Added +519,136+519.1k
Corient Private Wealth LP Added +488,733+488.7k
ASPIRIANT, LLC Added +261,121+261.1k
GOLDMAN SACHS GROUP INC Added +189,409+189.4k

Biggest sellers

Auto-Owners Insurance Co Reduced -840,200-840.2k
Focus Partners Wealth Reduced -410,593-410.6k
Empirical Asset Management, LLC Reduced -276,291-276.3k
Americana Partners, LLC Reduced -272,732-272.7k
CONFLUENCE INVESTMENT MANAGEMENT LLC Reduced -186,811-186.8k
Bank Julius Baer & Co. Ltd, Zurich Reduced -177,394-177.4k
Quadrature Capital Ltd Sold out -160,852-160.9k
TRUIST FINANCIAL CORP Reduced -137,006-137.0k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -123,472-123.5k
DEAN INVESTMENT ASSOCIATES, LLC Reduced -98,421-98.4k

Biggest calls

Belvedere Trading LLC Added $276.9k3.0k shares

Biggest puts

None

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/ 0.59% of their portfolio CHARLOTTE, NC 72,208,22972.2m $6.7bn $6.7bn 0.59% Added +607.5k +607,522
2 LPL Financial LLC 0.52% of their portfolio FORT MILL, SC 14,434,11814.4m $1.3bn $1.3bn 0.52% Added +612.6k +612,628
3 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 9,179,9829.2m $847.2m $847.2m 0.06% Reduced -74.3k -74,300
4 Kestra Investment Management, LLC 8.81% of their portfolio AUSTIN, TX 5,534,7855.5m $510.8m $510.8m 8.81% Added +2.9m +2,948,396
5 JONES FINANCIAL COMPANIES LLLP 0.40% of their portfolio DES PERES, MO 4,831,3654.8m $441.7m $441.7m 0.40% Added +524.5k +524,480
6 Blue Trust, Inc. 5.65% of their portfolio BRENTWOOD, TN 4,781,2884.8m $441.3m $441.3m 5.65% Added +126.6k +126,649
7 ENVESTNET ASSET MANAGEMENT INC 0.14% of their portfolio Berwyn, PA 4,599,4184.6m $424.5m $424.5m 0.14% Added +188.3k +188,313
8 SIGNATUREFD, LLC 7.80% of their portfolio ATLANTA, GA 4,460,4804.5m $411.7m $411.7m 7.80% Added +173.5k +173,459
9 ASPIRIANT, LLC 11.30% of their portfolio San Francisco, CA 3,527,1853.5m $325.5m $325.5m 11.30% Added +261.1k +261,121
10 Merit Financial Group, LLC 3.33% of their portfolio ALPHARETTA, GA 2,409,4632.4m $222.4m $222.4m 3.33% Added +606.4k +606,410
11 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,029,8992.0m $187.3m $187.3m 0.01% Added +53.1k +53,089
12 CHURCHILL MANAGEMENT Corp 2.20% of their portfolio Los Angeles, CA 1,877,2611.9m $173.3m $173.3m 2.20% New
13 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,639,7481.6m $151.3m $151.3m 0.00% Added +53.5k +53,475
14 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,619,5171.6m $149.5m $149.5m 0.03% Reduced -22.7k -22,667
15 COMMONWEALTH EQUITY SERVICES, LLC 0.21% of their portfolio WALTHAM, MA 1,614,8541.6m $149.0m $149.0m 0.21% Added +81.3k +81,322
16 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 1,415,9201.4m $130.7m $130.7m 0.05% Added +2.8k +2,763
17 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 1,318,4591.3m $121.7m $121.7m 0.03% Added +4.5k +4,511
18 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 1,300,0571.3m $120.0m $120.0m 0.03% Added +168.3k +168,285
19 Venturi Wealth Management, LLC 5.84% of their portfolio AUSTIN, TX 1,214,3581.2m $112.1m $112.1m 5.84% Added +519.1k +519,136
20 BLAIR WILLIAM & CO/IL 0.32% of their portfolio CHICAGO, IL 1,138,1971.1m $105.0m $105.0m 0.32% Added +58.5k +58,511
21 Modera Wealth Management, LLC 1.27% of their portfolio WESTWOOD, NJ 1,013,3181.0m $93.5m $93.5m 1.27% Added +26.4k +26,437
22 BENJAMIN EDWARDS INC 1.25% of their portfolio Clayton, MO 972,091972.1k $89.7m $89.7m 1.25% Added +90.8k +90,754
23 Corient Private Wealth LP 0.12% of their portfolio MIAMI, FL 802,848802.8k $74.1m $74.1m 0.12% Added +488.7k +488,733
24 CANANDAIGUA NATIONAL BANK & TRUST CO 7.36% of their portfolio CANANDAIGUA, NY 800,667800.7k $73.9m $73.9m 7.36% Added +80.0k +79,964
25 CWM, LLC 0.25% of their portfolio OMAHA, NE 686,873686.9k $63.4m $63.4m 0.25% Reduced -9.2k -9,196
26 Allworth Financial LP 0.33% of their portfolio FOLSOM, CA 671,899671.9k $59.3m $59.3m 0.33% Added +126.3k +126,327
27 HighTower Advisors, LLC 0.08% of their portfolio CHICAGO, IL 669,472669.5k $61.8m $61.8m 0.08% Reduced -2.1k -2,126
28 NATIXIS ADVISORS, LLC 0.11% of their portfolio Boston, MA 628,781628.8k $58.0m $58.0m 0.11% Added +77.7k +77,651
29 Tanglewood Legacy Advisors, LLC 24.64% of their portfolio HOUSTON, TX 609,152609.2k $56.2m $56.2m 24.64% Added +33.0k +33,036
30 McGlone Suttner Wealth Management, Inc. 9.00% of their portfolio APPLETON, WI 594,098594.1k $54.8m $54.8m 9.00% Added +13.7k +13,675
31 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 581,047581.0k $53.6m $53.6m 0.03% Added +9.8k +9,832
32 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 564,215564.2k $52.1m $52.1m 0.01% Added +189.4k +189,409
33 OSAIC HOLDINGS, INC. 0.12% of their portfolio SCOTTSDALE, AZ 559,203559.2k $51.6m $51.6m 0.12% Added +83.0k +82,976
34 Allspring Global Investments Holdings, LLC 0.08% of their portfolio CHARLOTTE, NC 515,849515.8k $47.6m $47.6m 0.08% Added +191 +191
35 Auto-Owners Insurance Co 1.27% of their portfolio LANSING, MI 513,800513.8k $48.0m $48.0m 1.27% Reduced -840.2k -840,200
36 FMR LLC 0.00% of their portfolio BOSTON, MA 475,308475.3k $43.9m $43.9m 0.00% Added +12.5k +12,454
37 Cetera Investment Advisers 0.08% of their portfolio SCHAUMBURG, IL 466,843466.8k $43.1m $43.1m 0.08% Added +10.4k +10,386
38 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.08% of their portfolio PLYMOUTH, MN 457,178457.2k $42.2m $42.2m 0.08% Reduced -16.9k -16,850
39 Townsend & Associates, Inc 3.95% of their portfolio WESTMINSTER, CO 450,286450.3k $37.9m $37.9m 3.95% Added +4.2k +4,168
40 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 414,111414.1k $38.2m $38.2m 0.01% Added +6.5k +6,491
41 Focus Partners Wealth 0.10% of their portfolio ST LOUIS, MO 413,202413.2k $38.1m $38.1m 0.10% Reduced -410.6k -410,593
42 Nadler Financial Group, Inc. 4.17% of their portfolio DEERFIELD, IL 407,727407.7k $37.6m $37.6m 4.17% Added +1.5k +1,514
43 Independence Financial Advisors, LLC 13.14% of their portfolio FRANKLIN, NH 374,405374.4k $34.6m $34.6m 13.14% First filing
44 GDS Wealth Management 2.92% of their portfolio FLOWER MOUND, TX 371,027371.0k $34.2m $34.2m 2.92% Reduced -47.2k -47,244
45 Sandy Spring Bank 1.41% of their portfolio Olney, MD 362,036362.0k $33.4m $33.4m 1.41% Reduced -1.7k -1,675
46 KESTRA PRIVATE WEALTH SERVICES, LLC 0.56% of their portfolio AUSTIN, TX 361,727361.7k $33.4m $33.4m 0.56% Added +3.1k +3,084
47 HANTZ FINANCIAL SERVICES, INC. 0.58% of their portfolio SOUTHFIELD, MI 354,270354.3k $32.7m $32.7m 0.58% Added +2.6k +2,563
48 Veracity Capital LLC 12.81% of their portfolio Atlanta, GA 353,314353.3k $32.6m $32.6m 12.81% Reduced -7.9k -7,920
49 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 350,344350.3k $32.3m $32.3m 0.03% Reduced -123.5k -123,472
50 MERCER GLOBAL ADVISORS INC /ADV 0.07% of their portfolio DENVER, CO 348,294348.3k $32.1m $32.1m 0.07% Added +76.9k +76,857
51 Private Advisor Group, LLC 0.19% of their portfolio MORRISTOWN, NJ 341,203341.2k $31.5m $31.5m 0.19% Added +55.9k +55,947
52 PRINCIPAL SECURITIES, INC. 0.70% of their portfolio DES MOINES, IA 337,046337.0k $31.2m $31.2m 0.70% Unchanged
53 FLAGSHIP HARBOR ADVISORS, LLC 1.62% of their portfolio BOSTON, MA 334,266334.3k $30.8m $30.8m 1.62% Added +20.6k +20,570
54 AVANTAX ADVISORY SERVICES, INC. 0.17% of their portfolio DALLAS, TX 311,196311.2k $28.7m $28.7m 0.17% Added +5.5k +5,484
55 Weil Company, Inc. 8.43% of their portfolio SAN DIEGO, CA 306,207306.2k $28.3m $28.3m 8.43% Added +86.9k +86,885
56 ForthRight Wealth Management, LLC 8.83% of their portfolio ALPHARETTA, GA 285,937285.9k $26.4m $26.4m 8.83% Added +4.4k +4,382
57 Cambridge Investment Research Advisors, Inc. 0.09% of their portfolio FAIRFIELD, IA 283,091283.1k $26.1m $26.1m 0.09% Added +29.4k +29,384
58 Madison Wealth Partners, Inc 6.40% of their portfolio MADISON, WI 280,961281.0k $25.9m $25.9m 6.40% Added +39.8k +39,758
59 MML INVESTORS SERVICES, LLC 0.09% of their portfolio SPRINGFIELD, MA 277,110277.1k $25.6m $25.6m 0.09% Added +2.5k +2,498
60 SOUTHERN CAPITAL ADVISORS, LLC 14.10% of their portfolio Jackson, TN 275,560275.6k $25.4m $25.4m 14.10% Added +9.2k +9,212
61 Drake & Associates, LLC 7.01% of their portfolio WAUKESHA, WI 270,238270.2k $24.9m $24.9m 7.01% Added +7.2k +7,191
62 HOWE & RUSLING INC 2.08% of their portfolio ROCHESTER, NY 267,832267.8k $24.7m $24.7m 2.08% Added +30.4k +30,363
63 Vident Advisory, LLC 0.35% of their portfolio Alpharetta, GA 261,984262.0k $24.2m $24.2m 0.35% Added +1.9k +1,946
64 Trek Financial, LLC 1.71% of their portfolio Scottsdale, AZ 256,197256.2k $23.6m $23.6m 1.71% Added +65.3k +65,337
65 DDFG, Inc 6.54% of their portfolio THOUSAND OAKS, CA 255,742255.7k $23.6m $23.6m 6.54% Added +14.5k +14,488
66 PCA Investment Advisory Services Inc. 11.63% of their portfolio CINCINNATI, OH 238,357238.4k $22.0m $22.0m 11.63% Added +17.3k +17,268
67 Garde Capital, Inc. 1.24% of their portfolio SEATTLE, WA 235,557235.6k $21.7m $21.7m 1.24% Added +8.3k +8,288
68 Sanctuary Advisors, LLC 0.14% of their portfolio INDIANAPOLIS, IN 218,569218.6k $20.2m $20.2m 0.14% Reduced -2.2k -2,205
69 CREATIVE FINANCIAL DESIGNS INC /ADV 1.58% of their portfolio KOKOMO, IN 213,903213.9k $19.7m $19.7m 1.58% Added +13.4k +13,358
70 Steele Capital Management, Inc. 1.01% of their portfolio DUBUQUE, IA 209,715209.7k $19.4m $19.4m 1.01% Reduced -2.6k -2,607
71 SkyOak Wealth, LLC 4.09% of their portfolio SOUTHFIELD, MI 202,311202.3k $18.7m $18.7m 4.09% Added +3.0k +2,973
72 Petix & Botte Co 4.82% of their portfolio LA MESA, CA 198,262198.3k $18.3m $18.3m 4.82% Reduced -24.6k -24,560
73 IRONWOOD WEALTH MANAGEMENT, INC. 8.74% of their portfolio HURRICANE, WV 197,199197.2k $16.8m $16.8m 8.74% Reduced -6.2k -6,188
74 Equitable Holdings, Inc. 0.17% of their portfolio NEW YORK, NY 193,940193.9k $17.9m $17.9m 0.17% Added +10.4k +10,359
75 Atria Investments, Inc 0.22% of their portfolio Charlotte, NC 184,185184.2k $17.0m $17.0m 0.22% Added +6.3k +6,262
76 Baird Financial Group, Inc. 0.03% of their portfolio MILWAUKEE, WI 183,623183.6k $16.9m $16.9m 0.03% Reduced -64.6k -64,616
77 Salus Financial Advisors, LLC 12.79% of their portfolio COLORADO SPRINGS, CO 183,198183.2k $16.9m $16.9m 12.79% Added +52.1k +52,057
78 TD PRIVATE CLIENT WEALTH LLC 0.44% of their portfolio NEW YORK, NY 173,466173.5k $16.0m $16.0m 0.44% Reduced -8.9k -8,861
79 Strategies Wealth Advisors, LLC 1.92% of their portfolio GRAND RAPIDS, MI 170,097170.1k $15.7m $15.7m 1.92% Added +3.3k +3,339
80 Richard W. Paul & Associates, LLC 5.84% of their portfolio NOVI, MI 161,211161.2k $14.9m $14.9m 5.84% Reduced -248 -248
81 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.04% of their portfolio LOS ANGELES, CA 160,706160.7k $14.8m $14.8m 0.04% Added +2.8k +2,771
82 CENTAURUS FINANCIAL, INC. 0.90% of their portfolio ANAHEIM, CA 160,525160.5k $14.8m $14.8m 0.90% Added +5.2k +5,228
83 Crescent Grove Advisors, LLC 1.54% of their portfolio LAKE FOREST, IL 159,784159.8k $14.7m $14.7m 1.54% Added +1.4k +1,352
84 Financial Partners Group, Inc 2.16% of their portfolio Overland Park, KS 151,622151.6k $14.0m $14.0m 2.16% Added +11.2k +11,180
85 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 150,688150.7k $13.9m $13.9m 0.01% Added +17.7k +17,670
86 High Probability Advisors, LLC 2.29% of their portfolio Pittsford, NY 148,491148.5k $13.7m $13.7m 2.29% Added +7.1k +7,102
87 Financial Engines Advisors L.L.C. 0.03% of their portfolio SANTA CLARA, CA 148,377148.4k $13.7m $13.7m 0.03% Added +74.7k +74,659
88 Global Strategic Investment Solutions, LLC 1.58% of their portfolio Scottsdale, AZ 147,693147.7k $13.6m $13.6m 1.58% Added +427 +427
89 LaSalle St. Investment Advisors, LLC 3.15% of their portfolio ELMHURST, IL 144,915144.9k $13.4m $13.4m 3.15% Added +8.0k +8,002
90 Birchcreek Wealth Management, LLC 8.41% of their portfolio MIAMI TOWNSHIP, OH 144,337144.3k $13.3m $13.3m 8.41% Added +15.4k +15,355
91 Cosner Financial Group, LLC 8.14% of their portfolio WINDSOR, CO 144,302144.3k $13.3m $13.3m 8.14% Added +2.2k +2,165
92 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 143,182143.2k $13.2m $13.2m 0.01% Reduced -25.5k -25,506
93 Financial Advocates Investment Management 0.93% of their portfolio OLYMPIA, WA 143,147143.1k $13.2m $13.2m 0.93% Added +9.1k +9,079
94 MFA WEALTH ADVISORS, LLC 3.26% of their portfolio PITTSBURGH, PA 142,654142.7k $13.2m $13.2m 3.26% Added +4.2k +4,155
95 FORTRESS FINANCIAL GROUP, LLC 12.99% of their portfolio ROCHESTER, MN 141,041141.0k $13.0m $13.0m 12.99% Added +6.8k +6,841
96 Ameritas Advisory Services, LLC 0.51% of their portfolio Lincoln, NE 137,525137.5k $12.7m $12.7m 0.51% Reduced -39.9k -39,854
97 Carl P. Sherr & Co., LLC 6.71% of their portfolio WORCESTER, MA 132,940132.9k $12.3m $12.3m 6.71% Reduced -1.6k -1,569
98 Per Stirling Capital Management, LLC. 1.75% of their portfolio AUSTIN, TX 132,155132.2k $12.2m $12.2m 1.75% Added +3.8k +3,787
99 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 131,913131.9k $12.2m $12.2m 0.03% Reduced -1.5k -1,533
100 Concurrent Investment Advisors, LLC 0.28% of their portfolio Tampa, FL 124,306124.3k $11.5m $11.5m 0.28% Added +7.0k +7,027