Vault-13

ISHARES TR IUSV

CORE S&P US VLU · ETP · CUSIP 464287663

730 institutional holders -5 vs Q1 2025
180,538,363180.5m shares reported held*
$17.1bnreported value*
45 new 260 added 244 reduced 52 sold out net bought ≈ $291.6m (+3.1m 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 ($35.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $94.61. Options: 1 managers hold calls ($283.9k notional), 0 hold puts (—).

Trends to Q2 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: 735Q2 25: 730730Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025730

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 217 bought or addedQ3 23: 221 cut or sold outQ4 23: 276 bought or addedQ4 23: 204 cut or sold outQ4 23Q1 24: 291 bought or addedQ1 24: 253 cut or sold outQ2 24: 295 bought or addedQ2 24: 246 cut or sold outQ2 24Q3 24: 309 bought or addedQ3 24: 244 cut or sold outQ4 24: 317 bought or addedQ4 24: 252 cut or sold outQ4 24Q1 25: 342 bought or addedQ1 25: 258 cut or sold outQ2 25: 305 bought or addedQ2 25: 296 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023217221
Q4 2023276204
Q1 2024291253
Q2 2024295246
Q3 2024309244
Q4 2024317252
Q1 2025342258
Q2 2025305296

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ3 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 0.00Q2 25 calls: $283.9kQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$267.4k$191.0k0.71
Q4 2024$268.5k$00.00
Q1 2025$276.9k$00.00
Q2 2025$283.9k$00.00

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +2,194,422+2.2m
ROYAL BANK OF CANADA Added +1,451,177+1.5m
JONES FINANCIAL COMPANIES LLLP Added +866,690+866.7k
LPL Financial LLC Added +755,216+755.2k
ENVESTNET ASSET MANAGEMENT INC Added +653,023+653.0k
PRINCIPAL SECURITIES, INC. Added +396,094+396.1k
Atlantic Union Bankshares Corp New +353,716+353.7k
Auto-Owners Insurance Co Added +350,200+350.2k
Kestra Investment Management, LLC Added +269,609+269.6k
Waldron Private Wealth LLC New +263,908+263.9k

Biggest sellers

CHURCHILL MANAGEMENT Corp Sold out -1,877,261-1.9m
Venturi Wealth Management, LLC Reduced -799,586-799.6k
BlackRock, Inc. Reduced -776,074-776.1k
Corient Private Wealth LP Reduced -347,430-347.4k
MERCER GLOBAL ADVISORS INC /ADV Reduced -256,550-256.6k
Weil Company, Inc. Reduced -254,852-254.9k
Independence Financial Advisors, LLC Reduced -248,490-248.5k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -224,883-224.9k
WELLS FARGO & COMPANY/MN Reduced -184,858-184.9k
Trek Financial, LLC Reduced -180,565-180.6k

Biggest calls

Belvedere Trading LLC Unchanged $283.9k3.0k 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.57% of their portfolio CHARLOTTE, NC 74,402,65174.4m $7.0bn $7.0bn 0.57% Added +2.2m +2,194,422
2 LPL Financial LLC 0.48% of their portfolio FORT MILL, SC 15,189,33415.2m $1.4bn $1.4bn 0.48% Added +755.2k +755,216
3 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 9,016,2839.0m $853.2m $853.2m 0.06% Reduced -163.7k -163,699
4 Kestra Investment Management, LLC 8.36% of their portfolio AUSTIN, TX 5,804,3945.8m $542.8m $542.8m 8.36% Added +269.6k +269,609
5 JONES FINANCIAL COMPANIES LLLP 0.41% of their portfolio DES PERES, MO 5,698,0555.7m $536.8m $536.8m 0.41% Added +866.7k +866,690
6 ENVESTNET ASSET MANAGEMENT INC 0.15% of their portfolio Berwyn, PA 5,252,4415.3m $497.0m $497.0m 0.15% Added +653.0k +653,023
7 Blue Trust, Inc. 5.42% of their portfolio BRENTWOOD, TN 4,856,3464.9m $459.6m $459.6m 5.42% Added +75.1k +75,058
8 SIGNATUREFD, LLC 7.24% of their portfolio ATLANTA, GA 4,483,8654.5m $424.3m $424.3m 7.24% Added +23.4k +23,385
9 ASPIRIANT, LLC 10.76% of their portfolio San Francisco, CA 3,576,1783.6m $338.4m $338.4m 10.76% Added +49.0k +48,993
10 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 2,751,2342.8m $260.4m $260.4m 0.03% Added +1.5m +1,451,177
11 Merit Financial Group, LLC 2.42% of their portfolio ALPHARETTA, GA 2,288,4872.3m $216.6m $216.6m 2.42% Reduced -121.0k -120,976
12 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,072,3042.1m $196.1m $196.1m 0.01% Added +42.4k +42,405
13 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,606,8611.6m $152.1m $152.1m 0.03% Reduced -12.7k -12,656
14 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 1,505,3391.5m $142.5m $142.5m 0.05% Added +89.4k +89,419
15 COMMONWEALTH EQUITY SERVICES, LLC 0.17% of their portfolio WALTHAM, MA 1,389,9711.4m $131.5m $131.5m 0.17% Reduced -224.9k -224,883
16 Modera Wealth Management, LLC 1.48% of their portfolio WESTWOOD, NJ 1,261,1681.3m $119.3m $119.3m 1.48% Added +247.8k +247,850
17 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,133,6011.1m $107.3m $107.3m 0.02% Reduced -184.9k -184,858
18 BLAIR WILLIAM & CO/IL 0.28% of their portfolio CHICAGO, IL 1,049,4401.0m $99.3m $99.3m 0.28% Reduced -88.8k -88,757
19 BENJAMIN EDWARDS INC 1.22% of their portfolio Clayton, MO 1,013,0171.0m $95.9m $95.9m 1.22% Added +40.9k +40,926
20 Auto-Owners Insurance Co 1.82% of their portfolio LANSING, MI 864,000864.0k $81.8m $81.8m 1.82% Added +350.2k +350,200
21 BlackRock, Inc. 0.00% of their portfolio New York, NY 863,674863.7k $81.7m $81.7m 0.00% Reduced -776.1k -776,074
22 CANANDAIGUA NATIONAL BANK & TRUST CO 7.18% of their portfolio CANANDAIGUA, NY 818,997819.0k $77.5m $77.5m 7.18% Added +18.3k +18,330
23 PRINCIPAL SECURITIES, INC. 1.30% of their portfolio DES MOINES, IA 733,140733.1k $69.4m $69.4m 1.30% Added +396.1k +396,094
24 NATIXIS ADVISORS, LLC 0.11% of their portfolio Boston, MA 719,348719.3k $68.1m $68.1m 0.11% Added +90.6k +90,567
25 CWM, LLC 0.23% of their portfolio OMAHA, NE 675,733675.7k $63.9m $63.9m 0.23% Reduced -11.1k -11,140
26 Allworth Financial LP 0.30% of their portfolio FOLSOM, CA 652,652652.7k $61.8m $61.8m 0.30% Reduced -19.2k -19,247
27 Tanglewood Legacy Advisors, LLC 24.29% of their portfolio HOUSTON, TX 625,593625.6k $59.2m $59.2m 24.29% Added +16.4k +16,441
28 McGlone Suttner Wealth Management, Inc. 8.77% of their portfolio APPLETON, WI 613,488613.5k $58.1m $58.1m 8.77% Added +19.4k +19,390
29 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 601,356601.4k $56.9m $56.9m 0.07% Reduced -68.1k -68,116
30 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 574,965575.0k $54.4m $54.4m 0.04% Reduced -6.1k -6,082
31 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 566,693566.7k $53.6m $53.6m 0.01% Added +2.5k +2,478
32 Allspring Global Investments Holdings, LLC 0.09% of their portfolio CHARLOTTE, NC 545,632545.6k $51.6m $51.6m 0.09% Added +29.8k +29,783
33 OSAIC HOLDINGS, INC. 0.09% of their portfolio SCOTTSDALE, AZ 506,974507.0k $48.0m $48.0m 0.09% Reduced -52.2k -52,229
34 Cetera Investment Advisers 0.08% of their portfolio SCHAUMBURG, IL 478,921478.9k $45.3m $45.3m 0.08% Added +12.1k +12,078
35 FMR LLC 0.00% of their portfolio BOSTON, MA 477,610477.6k $45.2m $45.2m 0.00% Added +2.3k +2,302
36 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.07% of their portfolio PLYMOUTH, MN 460,242460.2k $44.3m $44.3m 0.07% Added +3.1k +3,064
37 Corient Private Wealth LP 0.06% of their portfolio MIAMI, FL 455,418455.4k $43.1m $43.1m 0.06% Reduced -347.4k -347,430
38 Townsend & Associates, Inc 4.27% of their portfolio WESTMINSTER, CO 443,565443.6k $43.1m $43.1m 4.27% Reduced -6.7k -6,721
39 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 419,326419.3k $39.7m $39.7m 0.01% Added +5.2k +5,215
40 Venturi Wealth Management, LLC 1.94% of their portfolio AUSTIN, TX 414,772414.8k $39.2m $39.2m 1.94% Reduced -799.6k -799,586
41 Nadler Financial Group, Inc. 3.98% of their portfolio DEERFIELD, IL 410,332410.3k $38.8m $38.8m 3.98% Added +2.6k +2,605
42 Focus Partners Wealth 0.08% of their portfolio ST LOUIS, MO 402,269402.3k $38.1m $38.1m 0.08% Reduced -10.9k -10,933
43 Veracity Capital LLC 12.29% of their portfolio Atlanta, GA 374,243374.2k $35.4m $35.4m 12.29% Added +20.9k +20,929
44 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 365,071365.1k $34.5m $34.5m 0.03% Added +14.7k +14,727
45 KESTRA PRIVATE WEALTH SERVICES, LLC 0.49% of their portfolio AUSTIN, TX 358,170358.2k $33.9m $33.9m 0.49% Reduced -3.6k -3,557
46 FLAGSHIP HARBOR ADVISORS, LLC 1.60% of their portfolio BOSTON, MA 356,621356.6k $33.7m $33.7m 1.60% Added +22.4k +22,355
47 Atlantic Union Bankshares Corp 0.76% of their portfolio GLEN ALLEN, VA 353,716353.7k $33.5m $33.5m 0.76% New
48 Private Advisor Group, LLC 0.18% of their portfolio MORRISTOWN, NJ 349,653349.7k $33.1m $33.1m 0.18% Added +8.4k +8,450
49 HANTZ FINANCIAL SERVICES, INC. 0.52% of their portfolio SOUTHFIELD, MI 342,956343.0k $32.5m $32.5m 0.52% Reduced -11.3k -11,314
50 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 341,754341.8k $32.3m $32.3m 0.04% Added +209.8k +209,841
51 AVANTAX ADVISORY SERVICES, INC. 0.16% of their portfolio DALLAS, TX 317,175317.2k $30.0m $30.0m 0.16% Added +6.0k +5,979
52 GDS Wealth Management 2.17% of their portfolio FLOWER MOUND, TX 314,844314.8k $29.8m $29.8m 2.17% Reduced -56.2k -56,183
53 HOWE & RUSLING INC 2.17% of their portfolio ROCHESTER, NY 310,093310.1k $29.3m $29.3m 2.17% Added +42.3k +42,261
54 Cambridge Investment Research Advisors, Inc. 0.08% of their portfolio FAIRFIELD, IA 292,029292.0k $27.6m $27.6m 0.08% Added +8.9k +8,938
55 ForthRight Wealth Management, LLC 8.61% of their portfolio ALPHARETTA, GA 291,869291.9k $27.6m $27.6m 8.61% Added +5.9k +5,932
56 Madison Wealth Partners, Inc 5.94% of their portfolio MADISON, WI 287,645287.6k $27.2m $27.2m 5.94% Added +6.7k +6,684
57 MML INVESTORS SERVICES, LLC 0.08% of their portfolio SPRINGFIELD, MA 286,787286.8k $27.1m $27.1m 0.08% Added +9.7k +9,677
58 Drake & Associates, LLC 6.56% of their portfolio WAUKESHA, WI 283,028283.0k $26.8m $26.8m 6.56% Added +12.8k +12,790
59 SOUTHERN CAPITAL ADVISORS, LLC 13.61% of their portfolio Jackson, TN 281,281281.3k $26.6m $26.6m 13.61% Added +5.7k +5,721
60 Waldron Private Wealth LLC 1.09% of their portfolio BRIDGEVILLE, PA 263,908263.9k $25.0m $25.0m 1.09% New
61 DDFG, Inc 6.16% of their portfolio THOUSAND OAKS, CA 258,636258.6k $24.5m $24.5m 6.16% Added +2.9k +2,894
62 PCA Investment Advisory Services Inc. 10.25% of their portfolio CINCINNATI, OH 257,007257.0k $24.3m $24.3m 10.25% Added +18.6k +18,650
63 CREATIVE FINANCIAL DESIGNS INC /ADV 1.71% of their portfolio KOKOMO, IN 251,187251.2k $23.8m $23.8m 1.71% Added +37.3k +37,284
64 Vident Advisory, LLC 0.26% of their portfolio Alpharetta, GA 248,808248.8k $23.5m $23.5m 0.26% Reduced -13.2k -13,176
65 Garde Capital, Inc. 1.24% of their portfolio SEATTLE, WA 244,102244.1k $23.1m $23.1m 1.24% Added +8.5k +8,545
66 Strategies Wealth Advisors, LLC 2.36% of their portfolio GRAND RAPIDS, MI 228,592228.6k $21.6m $21.6m 2.36% Added +58.5k +58,495
67 Steele Capital Management, Inc. 0.98% of their portfolio DUBUQUE, IA 215,069215.1k $20.4m $20.4m 0.98% Added +5.4k +5,354
68 SkyOak Wealth, LLC 3.93% of their portfolio SOUTHFIELD, MI 206,758206.8k $19.6m $19.6m 3.93% Added +4.4k +4,447
69 Financial Engines Advisors L.L.C. 0.04% of their portfolio SANTA CLARA, CA 206,385206.4k $19.5m $19.5m 0.04% Added +58.0k +58,008
70 Sanctuary Advisors, LLC 0.12% of their portfolio INDIANAPOLIS, IN 203,963204.0k $19.3m $19.3m 0.12% Reduced -14.6k -14,606
71 Salus Financial Advisors, LLC 12.54% of their portfolio COLORADO SPRINGS, CO 197,166197.2k $18.7m $18.7m 12.54% Added +14.0k +13,968
72 IRONWOOD WEALTH MANAGEMENT, INC. 8.90% of their portfolio HURRICANE, WV 196,976197.0k $18.8m $18.8m 8.90% Reduced -223 -223
73 Equitable Holdings, Inc. 0.15% of their portfolio NEW YORK, NY 196,419196.4k $18.6m $18.6m 0.15% Added +2.5k +2,479
74 Integrated Advisors Network LLC 0.84% of their portfolio DALLAS, TX 195,674195.7k $18.5m $18.5m 0.84% Added +175.4k +175,357
75 Petix & Botte Co 4.39% of their portfolio LA MESA, CA 189,108189.1k $17.9m $17.9m 4.39% Reduced -9.2k -9,154
76 Atria Wealth Solutions, Inc. 0.40% of their portfolio NEW YORK, NY 185,593185.6k $17.9m $17.9m 0.40% Added +65.6k +65,565
77 Atria Investments, Inc 0.20% of their portfolio Charlotte, NC 177,943177.9k $16.8m $16.8m 0.20% Reduced -6.2k -6,242
78 Richard W. Paul & Associates, LLC 5.54% of their portfolio NOVI, MI 161,976162.0k $15.3m $15.3m 5.54% Added +765 +765
79 CENTAURUS FINANCIAL, INC. 0.89% of their portfolio ANAHEIM, CA 160,792160.8k $15.2m $15.2m 0.89% Added +267 +267
80 High Probability Advisors, LLC 2.27% of their portfolio Pittsford, NY 160,617160.6k $15.2m $15.2m 2.27% Added +12.1k +12,126
81 Financial Partners Group, Inc 2.10% of their portfolio Overland Park, KS 160,169160.2k $15.2m $15.2m 2.10% Added +8.5k +8,547
82 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.04% of their portfolio LOS ANGELES, CA 160,136160.1k $15.2m $15.2m 0.04% Reduced -570 -570
83 Crescent Grove Advisors, LLC 1.47% of their portfolio LAKE FOREST, IL 160,119160.1k $15.2m $15.2m 1.47% Added +335 +335
84 TD PRIVATE CLIENT WEALTH LLC 0.37% of their portfolio NEW YORK, NY 159,729159.7k $15.1m $15.1m 0.37% Reduced -13.7k -13,737
85 Birchcreek Wealth Management, LLC 8.23% of their portfolio MIAMI TOWNSHIP, OH 153,447153.4k $14.5m $14.5m 8.23% Added +9.1k +9,110
86 LaSalle St. Investment Advisors, LLC 3.96% of their portfolio ELMHURST, IL 152,664152.7k $14.4m $14.4m 3.96% Added +7.7k +7,749
87 Baird Financial Group, Inc. 0.03% of their portfolio MILWAUKEE, WI 151,840151.8k $14.4m $14.4m 0.03% Reduced -31.8k -31,783
88 Financial Advocates Investment Management 1.14% of their portfolio OLYMPIA, WA 148,062148.1k $14.0m $14.0m 1.14% Added +4.9k +4,915
89 Legacy Financial Group LLC 1.91% of their portfolio DES MOINES, IA 144,594144.6k $13.7m $13.7m 1.91% Added +24.8k +24,833
90 Global Strategic Investment Solutions, LLC 1.46% of their portfolio Scottsdale, AZ 144,275144.3k $13.7m $13.7m 1.46% Reduced -3.4k -3,418
91 Cosner Financial Group, LLC 7.42% of their portfolio WINDSOR, CO 140,852140.9k $13.3m $13.3m 7.42% Reduced -3.5k -3,450
92 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 138,741138.7k $13.1m $13.1m 0.01% Reduced -11.9k -11,947
93 MFA WEALTH ADVISORS, LLC 3.07% of their portfolio PITTSBURGH, PA 138,340138.3k $13.1m $13.1m 3.07% Reduced -4.3k -4,314
94 Carl P. Sherr & Co., LLC 6.39% of their portfolio WORCESTER, MA 133,509133.5k $12.6m $12.6m 6.39% Added +569 +569
95 Per Stirling Capital Management, LLC. 1.65% of their portfolio AUSTIN, TX 133,465133.5k $12.6m $12.6m 1.65% Added +1.3k +1,310
96 FORTRESS FINANCIAL GROUP, LLC 10.62% of their portfolio ROCHESTER, MN 132,556132.6k $12.5m $12.5m 10.62% Reduced -8.5k -8,485
97 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 131,135131.1k $12.4m $12.4m 0.01% Reduced -12.0k -12,047
98 Concurrent Investment Advisors, LLC 0.23% of their portfolio Tampa, FL 127,763127.8k $12.1m $12.1m 0.23% Added +3.5k +3,457
99 Sigma Planning Corp 0.36% of their portfolio ANN ARBOR, MI 126,230126.2k $11.9m $11.9m 0.36% Added +2.2k +2,238
100 Independence Financial Advisors, LLC 4.63% of their portfolio FRANKLIN, NH 125,915125.9k $11.9m $11.9m 4.63% Reduced -248.5k -248,490