Vault-13

ISHARES TR IUSG

CORE S&P US GWT · ETP · CUSIP 464287671

798 institutional holders +43 vs Q1 2025
120,037,354120.0m shares reported held*
$18.0bnreported value*
89 new 261 added 248 reduced 50 sold out net bought ≈ $579.1m (+3.9m 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 ($55.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $150.23. Options: 1 managers hold calls ($1.4m notional), 0 hold puts (—).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 514Q4 22: 547Q1 23: 554Q2 23: 569Q3 23: 573Q4 23: 606Q1 24: 642Q2 24: 688Q3 24: 698Q4 24: 778Q1 25: 755Q2 25: 798798Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022514
Q4 2022547
Q1 2023554
Q2 2023569
Q3 2023573
Q4 2023606
Q1 2024642
Q2 2024688
Q3 2024698
Q4 2024778
Q1 2025755
Q2 2025798

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 221 bought or addedQ3 23: 227 cut or sold outQ4 23: 264 bought or addedQ4 23: 227 cut or sold outQ4 23Q1 24: 271 bought or addedQ1 24: 261 cut or sold outQ2 24: 303 bought or addedQ2 24: 249 cut or sold outQ2 24Q3 24: 291 bought or addedQ3 24: 260 cut or sold outQ4 24: 296 bought or addedQ4 24: 267 cut or sold outQ4 24Q1 25: 308 bought or addedQ1 25: 330 cut or sold outQ2 25: 350 bought or addedQ2 25: 298 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023221227
Q4 2023264227
Q1 2024271261
Q2 2024303249
Q3 2024291260
Q4 2024296267
Q1 2025308330
Q2 2025350298

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ3 24 calls: $791.5kQ3 24 puts: $422.1kQ3 24P/C 0.53Q4 24 calls: $334.4kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $1.4mQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$791.5k$422.1k0.53
Q4 2024$334.4k$00.00
Q1 2025$0$0—
Q2 2025$1.4m$00.00

Biggest buyers

ROYAL BANK OF CANADA Added +1,120,899+1.1m
LPL Financial LLC Added +564,793+564.8k
MORGAN STANLEY Added +459,488+459.5k
Merit Financial Group, LLC Added +418,656+418.7k
FIL Ltd New +411,058+411.1k
BANK OF AMERICA CORP /DE/ Added +348,725+348.7k
TWO SIGMA INVESTMENTS, LP Added +345,506+345.5k
Atlantic Union Bankshares Corp Added +220,695+220.7k
Waldron Private Wealth LLC New +181,518+181.5k
PRINCIPAL SECURITIES, INC. Added +164,847+164.8k

Biggest sellers

Independence Financial Advisors, LLC Reduced -419,551-419.6k
Tennessee Valley Asset Management Partners Sold out -370,389-370.4k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -228,898-228.9k
CITIZENS FINANCIAL GROUP INC/RI Reduced -128,046-128.0k
Kestra Investment Management, LLC Reduced -128,030-128.0k
Legacy Financial Group LLC Reduced -100,549-100.5k
OSAIC HOLDINGS, INC. Reduced -66,045-66.0k
ICONIQ Capital, LLC Sold out -53,853-53.9k
BlackRock, Inc. Reduced -42,404-42.4k
Redhawk Wealth Advisors, Inc. Sold out -38,904-38.9k

Biggest calls

CITADEL ADVISORS LLC New $1.4m9.5k 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/ 0.53% of their portfolio CHARLOTTE, NC 43,464,06743.5m $6.5bn $6.5bn 0.53% Added +348.7k +348,725
2 MORGAN STANLEY 0.14% of their portfolio NEW YORK, NY 14,046,30914.0m $2.1bn $2.1bn 0.14% Added +459.5k +459,488
3 LPL Financial LLC 0.69% of their portfolio FORT MILL, SC 13,644,20513.6m $2.1bn $2.1bn 0.69% Added +564.8k +564,793
4 JONES FINANCIAL COMPANIES LLLP 0.70% of their portfolio DES PERES, MO 6,165,9166.2m $922.4m $922.4m 0.70% Added +73.9k +73,902
5 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 2,066,9582.1m $310.9m $310.9m 0.03% Added +1.1m +1,120,899
6 ENVESTNET ASSET MANAGEMENT INC 0.09% of their portfolio Berwyn, PA 2,049,9682.0m $308.3m $308.3m 0.09% Added +32.4k +32,376
7 Blue Trust, Inc. 3.50% of their portfolio BRENTWOOD, TN 1,975,3692.0m $297.1m $297.1m 3.50% Added +90.1k +90,129
8 Kestra Investment Management, LLC 3.42% of their portfolio AUSTIN, TX 1,611,3601.6m $222.1m $222.1m 3.42% Reduced -128.0k -128,030
9 Merit Financial Group, LLC 2.58% of their portfolio ALPHARETTA, GA 1,539,5751.5m $231.6m $231.6m 2.58% Added +418.7k +418,656
10 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 1,509,7611.5m $227.1m $227.1m 0.02% Reduced -9.2k -9,206
11 RAYMOND JAMES FINANCIAL INC 0.07% of their portfolio ST. PETERSBURG, FL 1,315,9861.3m $197.9m $197.9m 0.07% Added +73.0k +73,036
12 UBS Group AG 0.04% of their portfolio ZURICH, V8 1,262,6611.3m $189.9m $189.9m 0.04% Reduced -7.8k -7,787
13 COMMONWEALTH EQUITY SERVICES, LLC 0.24% of their portfolio WALTHAM, MA 1,189,9331.2m $179.0m $179.0m 0.24% Reduced -228.9k -228,898
14 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 1,113,2611.1m $167.4m $167.4m 0.04% Added +7.2k +7,161
15 PNC Financial Services Group, Inc. 0.08% of their portfolio Pittsburgh, PA 785,030785.0k $118.1m $118.1m 0.08% Reduced -1.3k -1,254
16 FMR LLC 0.01% of their portfolio BOSTON, MA 708,298708.3k $106.8m $106.8m 0.01% Reduced -24.4k -24,450
17 Facet Wealth, Inc. 2.50% of their portfolio WEST PALM BEACH, FL 707,698707.7k $110.1m $110.1m 2.50% Added +37.0k +36,997
18 NATIXIS ADVISORS, LLC 0.16% of their portfolio Boston, MA 687,744687.7k $103.4m $103.4m 0.16% Added +4.4k +4,399
19 BENJAMIN EDWARDS INC 1.26% of their portfolio Clayton, MO 655,396655.4k $98.6m $98.6m 1.26% Added +26.6k +26,570
20 HighTower Advisors, LLC 0.11% of their portfolio CHICAGO, IL 566,920566.9k $85.3m $85.3m 0.11% Added +12.6k +12,627
21 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 497,380497.4k $74.8m $74.8m 0.05% Added +16.3k +16,328
22 CITIZENS FINANCIAL GROUP INC/RI 1.17% of their portfolio PROVIDENCE, RI 483,873483.9k $72.8m $72.8m 1.17% Reduced -128.0k -128,046
23 Allworth Financial LP 0.33% of their portfolio FOLSOM, CA 461,503461.5k $69.4m $69.4m 0.33% Reduced -5.0k -4,979
24 CX Institutional 2.42% of their portfolio AUBURN, IN 460,475460.5k $69.3m $69.3m 2.42% Added +53.3k +53,301
25 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 459,398459.4k $68.9m $68.9m 0.02% Added +23.2k +23,170
26 OSAIC HOLDINGS, INC. 0.12% of their portfolio SCOTTSDALE, AZ 443,179443.2k $66.7m $66.7m 0.12% Reduced -66.0k -66,045
27 Cetera Investment Advisers 0.11% of their portfolio SCHAUMBURG, IL 415,652415.7k $62.5m $62.5m 0.11% Added +32.9k +32,870
28 FIL Ltd 0.05% of their portfolio HAMILTON, D0 411,058411.1k $62.0m $62.0m 0.05% New
29 Madison Wealth Partners, Inc 13.40% of their portfolio MADISON, WI 408,133408.1k $61.4m $61.4m 13.40% Added +18.0k +17,985
30 Modera Wealth Management, LLC 0.71% of their portfolio WESTWOOD, NJ 379,455379.5k $57.1m $57.1m 0.71% Added +143.5k +143,536
31 TWO SIGMA INVESTMENTS, LP 0.10% of their portfolio NEW YORK, NY 376,700376.7k $56.7m $56.7m 0.10% Added +345.5k +345,506
32 Legacy Financial Group LLC 7.57% of their portfolio DES MOINES, IA 360,731360.7k $54.3m $54.3m 7.57% Reduced -100.5k -100,549
33 Cardinal Strategic Wealth Guidance 14.51% of their portfolio LOUISVILLE, KY 334,365334.4k $50.3m $50.3m 14.51% Reduced -22.6k -22,552
34 HOWE & RUSLING INC 3.55% of their portfolio ROCHESTER, NY 319,095319.1k $48.0m $48.0m 3.55% Added +54.4k +54,432
35 Tanglewood Legacy Advisors, LLC 19.37% of their portfolio HOUSTON, TX 313,990314.0k $47.2m $47.2m 19.37% Reduced -1.0k -1,013
36 PRINCIPAL SECURITIES, INC. 0.86% of their portfolio DES MOINES, IA 304,934304.9k $45.9m $45.9m 0.86% Added +164.8k +164,847
37 Aurdan Capital Management, LLC 14.71% of their portfolio Wayne, PA 287,044287.0k $43.2m $43.2m 14.71% Added +976 +976
38 BLAIR WILLIAM & CO/IL 0.11% of their portfolio CHICAGO, IL 274,436274.4k $41.3m $41.3m 0.11% Added +736 +736
39 DDFG, Inc 9.98% of their portfolio THOUSAND OAKS, CA 263,827263.8k $39.7m $39.7m 9.98% Reduced -563 -563
40 Equitable Holdings, Inc. 0.31% of their portfolio NEW YORK, NY 251,899251.9k $37.9m $37.9m 0.31% Added +4.4k +4,438
41 Charles Schwab Trust Co 2.83% of their portfolio HENDERSON, NV 250,337250.3k $37.7m $37.7m 2.83% Added +14.6k +14,642
42 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 247,820247.8k $37.3m $37.3m 0.04% Added +145.3k +145,343
43 Veracity Capital LLC 12.85% of their portfolio Atlanta, GA 246,106246.1k $37.0m $37.0m 12.85% Added +16.5k +16,522
44 HILLTOP WEALTH ADVISORS, LLC 20.37% of their portfolio CHAPEL HILL, NC 241,047241.0k $36.3m $36.3m 20.37% Added +12.4k +12,375
45 Cambridge Investment Research Advisors, Inc. 0.11% of their portfolio FAIRFIELD, IA 240,886240.9k $36.2m $36.2m 0.11% Added +105.3k +105,275
46 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 237,423237.4k $35.7m $35.7m 0.01% Added +3.0k +3,047
47 Corient Private Wealth LP 0.05% of their portfolio MIAMI, FL 229,570229.6k $34.5m $34.5m 0.05% Added +35.4k +35,447
48 Atlantic Union Bankshares Corp 0.77% of their portfolio GLEN ALLEN, VA 223,016223.0k $33.5m $33.5m 0.77% Added +220.7k +220,695
49 SCS Capital Management LLC 0.36% of their portfolio BOSTON, MA 218,023218.0k $32.8m $32.8m 0.36% Reduced -7.1k -7,143
50 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 217,106217.1k $32.7m $32.7m 0.01% Added +7.3k +7,269
51 MML INVESTORS SERVICES, LLC 0.09% of their portfolio SPRINGFIELD, MA 211,254211.3k $31.8m $31.8m 0.09% Added +250 +250
52 AVANTAX ADVISORY SERVICES, INC. 0.17% of their portfolio DALLAS, TX 209,690209.7k $31.5m $31.5m 0.17% Reduced -2.6k -2,612
53 Strategies Wealth Advisors, LLC 3.36% of their portfolio GRAND RAPIDS, MI 204,805204.8k $30.8m $30.8m 3.36% Added +25.0k +25,009
54 Private Advisor Group, LLC 0.17% of their portfolio MORRISTOWN, NJ 204,783204.8k $30.8m $30.8m 0.17% Added +3.6k +3,571
55 Aspen Wealth Management LLC 7.64% of their portfolio FORT WORTH, TX 204,668204.7k $30.8m $30.8m 7.64% Added +12.1k +12,072
56 Valmark Advisers, Inc. 0.43% of their portfolio AKRON, OH 204,582204.6k $30.8m $30.8m 0.43% Added +5.4k +5,410
57 CUTLER INVESTMENT COUNSEL LLC 3.23% of their portfolio Jacksonville, OR 193,251193.3k $29.1m $29.1m 3.23% Added +572 +572
58 Focus Partners Wealth 0.06% of their portfolio ST LOUIS, MO 186,289186.3k $28.0m $28.0m 0.06% Added +7.2k +7,181
59 Waldron Private Wealth LLC 1.19% of their portfolio BRIDGEVILLE, PA 181,518181.5k $27.3m $27.3m 1.19% New
60 ForthRight Wealth Management, LLC 8.49% of their portfolio ALPHARETTA, GA 181,076181.1k $27.2m $27.2m 8.49% Added +6.3k +6,323
61 VOISARD ASSET MANAGEMENT GROUP, INC. 7.00% of their portfolio Grand Rapids, MI 180,630180.6k $27.2m $27.2m 7.00% Added +17.1k +17,112
62 Kestra Advisory Services, LLC 0.13% of their portfolio AUSTIN, TX 172,260172.3k $25.9m $25.9m 0.13% Added +5.2k +5,206
63 Petix & Botte Co 5.89% of their portfolio LA MESA, CA 159,573159.6k $24.0m $24.0m 5.89% Reduced -8.9k -8,863
64 Spire Wealth Management 0.80% of their portfolio MCLEAN, VA 154,672154.7k $22.3m $22.3m 0.80% Reduced -35.6k -35,642
65 Atria Investments, Inc 0.26% of their portfolio Charlotte, NC 145,409145.4k $21.9m $21.9m 0.26% Reduced -442 -442
66 Hudock, Inc. 3.46% of their portfolio Williamsport, PA 143,128143.1k $21.5m $21.5m 3.46% Added +14.9k +14,928
67 Sanctuary Advisors, LLC 0.13% of their portfolio INDIANAPOLIS, IN 142,161142.2k $21.4m $21.4m 0.13% Reduced -37.0k -37,038
68 Gallagher Fiduciary Advisors, LLC 0.82% of their portfolio ROLLING MEADOWS, IL 140,984141.0k $21.2m $21.2m 0.82% Added +1.8k +1,844
69 DOLIVER ADVISORS, LP 5.79% of their portfolio HOUSTON, TX 140,579140.6k $21.1m $21.1m 5.79% Reduced -31.8k -31,783
70 Financial Advocates Investment Management 1.70% of their portfolio OLYMPIA, WA 138,416138.4k $20.8m $20.8m 1.70% Reduced -16.7k -16,714
71 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 134,543134.5k $20.2m $20.2m 0.02% Reduced -8.4k -8,408
72 NBT BANK, N.A. 1.36% of their portfolio NORWICH, NY 132,102132.1k $19.9m $19.9m 1.36% Added +791 +791
73 Integrated Wealth Concepts LLC 0.19% of their portfolio WALTHAM, MA 127,918127.9k $19.2m $19.2m 0.19% Added +26.7k +26,656
74 NorthStar Asset Management LLC /NJ/ 10.08% of their portfolio BERKELEY HEIGHTS, NJ 127,084127.1k $19.1m $19.1m 10.08% Added +5.6k +5,647
75 Mascoma Wealth Management LLC 4.38% of their portfolio HANOVER, NH 125,372125.4k $18.9m $18.9m 4.38% Reduced -24.9k -24,940
76 ELEVATION WEALTH PARTNERS, LLC 7.17% of their portfolio WALNUT CREEK, CA 120,719120.7k $18.2m $18.2m 7.17% Added +1.2k +1,207
77 Roberts Financial Services LLC 6.22% of their portfolio MARQUETTE, MI 119,962120.0k $18.0m $18.0m 6.22% Reduced -3.4k -3,367
78 Allianz Asset Management GmbH 0.02% of their portfolio MUNICH, 2M 118,980119.0k $17.9m $17.9m 0.02% Added +114.3k +114,320
79 Amplius Wealth Advisors, LLC 1.66% of their portfolio BLUE BELL, PA 118,677118.7k $17.8m $17.8m 1.66% Reduced -587 -587
80 Birchcreek Wealth Management, LLC 9.98% of their portfolio MIAMI TOWNSHIP, OH 117,182117.2k $17.6m $17.6m 9.98% Added +4.6k +4,580
81 RWA WEALTH PARTNERS, LLC 0.22% of their portfolio BOSTON, MA 116,843116.8k $17.6m $17.6m 0.22% Reduced -462 -462
82 Canvas Wealth Advisors, LLC 3.43% of their portfolio SHAWNEE, KS 111,591111.6k $17.4m $17.4m 3.43% Added +2.4k +2,430
83 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 111,443111.4k $16.8m $16.8m 0.00% Added +1.3k +1,333
84 Goldstone Financial Group, LLC 2.08% of their portfolio OAKBROOK TERRACE, IL 103,992104.0k $15.8m $15.8m 2.08% Added +1.2k +1,168
85 Concurrent Investment Advisors, LLC 0.30% of their portfolio Tampa, FL 102,024102.0k $15.3m $15.3m 0.30% Added +182 +182
86 Richard W. Paul & Associates, LLC 5.41% of their portfolio NOVI, MI 99,41099.4k $15.0m $15.0m 5.41% Reduced -872 -872
87 FOUNDERS FINANCIAL SECURITIES LLC 1.11% of their portfolio TOWSON, MD 97,45597.5k $14.7m $14.7m 1.11% Reduced -20 -20
88 Horizon Investments, LLC 0.23% of their portfolio Charlotte, NC 96,30196.3k $14.5m $14.5m 0.23% Added +790 +790
89 RFG - Bristol Wealth Advisors, LLC 4.40% of their portfolio TAUNTON, MA 94,34694.3k $14.2m $14.2m 4.40% Added +3.0k +3,015
90 PCA Investment Advisory Services Inc. 5.89% of their portfolio CINCINNATI, OH 92,96293.0k $14.0m $14.0m 5.89% Reduced -1.6k -1,609
91 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 92,37892.4k $13.9m $13.9m 0.02% Reduced -2.3k -2,281
92 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.03% of their portfolio LOS ANGELES, CA 91,82991.8k $13.8m $13.8m 0.03% Added +2.8k +2,846
93 FORTRESS FINANCIAL GROUP, LLC 11.50% of their portfolio ROCHESTER, MN 90,23990.2k $13.6m $13.6m 11.50% Reduced -6.1k -6,058
94 BlackRock, Inc. 0.00% of their portfolio New York, NY 89,75389.8k $13.5m $13.5m 0.00% Reduced -42.4k -42,404
95 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 89,74589.7k $13.6m $13.6m 0.02% Reduced -1.9k -1,934
96 IRONWOOD WEALTH MANAGEMENT, INC. 6.28% of their portfolio HURRICANE, WV 88,52088.5k $13.3m $13.3m 6.28% Reduced -1.9k -1,941
97 IHT Wealth Management, LLC 0.36% of their portfolio Chicago, IL 86,63686.6k $13.0m $13.0m 0.36% Added +4.8k +4,848
98 Financial Council, LLC 6.28% of their portfolio TOWSON, MD 86,54686.5k $13.0m $13.0m 6.28% Reduced -219 -219
99 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 85,91385.9k $12.9m $12.9m 0.02% Reduced -16.5k -16,529
100 Vantage Financial Partners, LLC 2.92% of their portfolio ELM GROVE, WI 84,26584.3k $12.7m $12.7m 2.92% Reduced -32.3k -32,286