Vault-13

ISHARES TR IJJ

S&P MC 400VL ETF · ETP · CUSIP 464287705

734 institutional holders +67 vs Q3 2023
48,122,21248.1m shares reported held*
$5.5bnreported value*
61 new 208 added 228 reduced 31 sold out net bought ≈ $412.8m (+3.6m 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 ($831.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $114.07. Options: 18 managers hold calls ($20.2bn notional), 2 hold puts ($364.9k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 629Q4 22: 690Q1 23: 684Q2 23: 680Q3 23: 667Q4 23: 734734Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022629
Q4 2022690
Q1 2023684
Q2 2023680
Q3 2023667
Q4 2023734

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 291 bought or addedQ4 22: 240 cut or sold outQ4 22Q1 23: 260 bought or addedQ1 23: 285 cut or sold outQ1 23Q2 23: 244 bought or addedQ2 23: 291 cut or sold outQ2 23Q3 23: 201 bought or addedQ3 23: 284 cut or sold outQ3 23Q4 23: 269 bought or addedQ4 23: 259 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022291240
Q1 2023260285
Q2 2023244291
Q3 2023201284
Q4 2023269259

Calls vs puts

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

CallsPuts
$0$10bn$20bn$30bnQ1 23 calls: $8.7bnQ1 23 puts: $544.7kQ1 23P/C 0.00Q2 23 calls: $11.6bnQ2 23 puts: $0Q2 23P/C 0.00Q3 23 calls: $10.1bnQ3 23 puts: $353.3kQ3 23P/C 0.00Q4 23 calls: $20.2bnQ4 23 puts: $364.9kQ4 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2023$8.7bn$544.7k0.00
Q2 2023$11.6bn$00.00
Q3 2023$10.1bn$353.3k0.00
Q4 2023$20.2bn$364.9k0.00

Biggest buyers

MORGAN STANLEY Added +3,966,187+4.0m
JPMORGAN CHASE & CO Added +477,935+477.9k
Mesirow Financial Investment Management, Inc. New +206,380+206.4k
Cullen/Frost Bankers, Inc. Added +82,868+82.9k
FMR LLC Added +78,437+78.4k
HighTower Advisors, LLC Added +65,147+65.1k
IFP Advisors, Inc Added +51,058+51.1k
UBS Group AG Added +49,491+49.5k
GUNN & Co INVESTMENT MANAGEMENT, INC. New +42,290+42.3k
Rehmann Capital Advisory Group Added +41,062+41.1k

Biggest sellers

Smith Anglin Financial, LLC Reduced -253,145-253.1k
LPL Financial LLC Reduced -209,285-209.3k
WELLS FARGO & COMPANY/MN Reduced -196,261-196.3k
AMERIPRISE FINANCIAL INC Reduced -159,862-159.9k
Bank of New York Mellon Corp Reduced -157,082-157.1k
Wealth Advisory Solutions, LLC Reduced -156,930-156.9k
World Investment Advisors Reduced -156,484-156.5k
Alesco Advisors, LLC, An ESL Co Reduced -138,810-138.8k
OSAIC HOLDINGS, INC. Reduced -88,766-88.8k
PNC Financial Services Group, Inc. Reduced -68,030-68.0k

Biggest calls

JANE STREET GROUP, LLC Added $5.0bn30.0m shares
CTC LLC Added $4.4bn218.5k shares
Optiver Holding B.V. Added $4.1bn20.3m shares
JPMORGAN CHASE & CO Added $4.0bn26.4m shares
IMC-Chicago, LLC Added $1.6bn7.9m shares
Twin Tree Management, LP Added $695.4m5.1m shares
COOPER CREEK PARTNERS MANAGEMENT LLC New $135.5m675.0k shares
PICTON MAHONEY ASSET MANAGEMENT Added $130.5m650.0k shares
SG Americas Securities, LLC Added $89.9m8.7m shares
Bracebridge Capital, LLC New $50.2m2.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $364.9k3.2k shares
Cutler Group LLC / CA New $0100 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FMR LLC 13G · institution filed 2026-05-06 6.8% 4.1m≈ $604.9m 2026-05-06

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 8,084,9168.1m $922.0m $922.0m 0.04% Added +4.0m +3,966,187
2 WELLS FARGO & COMPANY/MN 0.12% of their portfolio SAN FRANCISCO, CA 3,811,3673.8m $434.6m $434.6m 0.12% Reduced -196.3k -196,261
3 FMR LLC 0.03% of their portfolio BOSTON, MA 3,428,2153.4m $391.0m $391.0m 0.03% Added +78.4k +78,437
4 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 2,217,4672.2m $252.9m $252.9m 0.03% Reduced -56.0k -56,005
5 UBS Group AG 0.09% of their portfolio ZURICH, V8 1,961,0972.0m $223.6m $223.6m 0.09% Added +49.5k +49,491
6 ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio Berwyn, PA 1,699,8151.7m $193.8m $193.8m 0.08% Reduced -12.4k -12,418
7 PNC Financial Services Group, Inc. 0.12% of their portfolio Pittsburgh, PA 1,297,7711.3m $148.0m $148.0m 0.12% Reduced -68.0k -68,030
8 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 980,580980.6k $111.9m $111.9m 0.03% Reduced -159.9k -159,862
9 D.A. DAVIDSON & CO. 0.96% of their portfolio GREAT FALLS, MT 857,147857.1k $97.7m $97.7m 0.96% Reduced -17.9k -17,852
10 Financial Engines Advisors L.L.C. 0.21% of their portfolio SANTA CLARA, CA 792,931792.9k $90.4m $90.4m 0.21% Reduced -4.7k -4,748
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 781,070781.1k $89.1m $89.1m 0.00% Added +477.9k +477,935
12 RAYMOND JAMES & ASSOCIATES 0.06% of their portfolio ST PETERSBURG, FL 705,723705.7k $80.5m $80.5m 0.06% Added +5.4k +5,400
13 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 665,401665.4k $75.9m $75.9m 0.01% Added +2.2k +2,237
14 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 645,062645.1k $73.6m $73.6m 0.04% Reduced -209.3k -209,285
15 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.08% of their portfolio MILWAUKEE, WI 610,556610.6k $69.6m $69.6m 0.08% Added +19.5k +19,498
16 Evensky & Katz LLC 5.13% of their portfolio CORAL GABLES, FL 598,091598.1k $68.2m $68.2m 5.13% Added +16.8k +16,819
17 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 585,226585.2k $66.7m $66.7m 0.01% Reduced -157.1k -157,082
18 Cullen/Frost Bankers, Inc. 1.03% of their portfolio San Antonio, TX 572,197572.2k $65.3m $65.3m 1.03% Added +82.9k +82,868
19 MIDLAND WEALTH ADVISORS, LLC 4.40% of their portfolio EFFINGHAM, IL 563,684563.7k $64.3m $64.3m 4.40% First filing
20 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 478,942478.9k $54.6m $54.6m 0.01% Added +8.7k +8,693
21 Willis Johnson & Associates, Inc. 4.47% of their portfolio Houston, TX 407,738407.7k $46.5m $46.5m 4.47% Added +11.3k +11,334
22 GW HENSSLER & ASSOCIATES LTD 3.01% of their portfolio KENNESAW, GA 400,020400.0k $45.6m $45.6m 3.01% Reduced -2.8k -2,806
23 Baird Financial Group, Inc. 0.09% of their portfolio MILWAUKEE, WI 364,059364.1k $41.5m $41.5m 0.09% Added +6.0k +6,042
24 MAI Capital Management 0.53% of their portfolio INDEPENDENCE, OH 349,926349.9k $39.9m $39.9m 0.53% Reduced -3.1k -3,082
25 BOKF, NA 0.75% of their portfolio TULSA, OK 333,656333.7k $38.1m $38.1m 0.75% Reduced -1.1k -1,135
26 TRUIST FINANCIAL CORP 0.06% of their portfolio CHARLOTTE, NC 309,100309.1k $35.2m $35.2m 0.06% Reduced -17.3k -17,324
27 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 283,659283.7k $32.3m $32.3m 0.06% Added +23.0k +22,985
28 Creative Planning 0.06% of their portfolio OVERLAND PARK, KS 270,362270.4k $30.8m $30.8m 0.06% Reduced -5.9k -5,863
29 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 260,780260.8k $29.7m $29.7m 0.05% Added +65.1k +65,147
30 Pathstone Holdings, LLC 0.16% of their portfolio ENGLEWOOD, NJ 254,448254.4k $29.0m $29.0m 0.16% First filing
31 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.33% of their portfolio CHICAGO, IL 240,735240.7k $27.5m $27.5m 0.33% Added +1.9k +1,900
32 Cerity Partners LLC 0.09% of their portfolio NEW YORK, NY 237,389237.4k $27.1m $27.1m 0.09% Reduced -5.6k -5,584
33 COURIER CAPITAL LLC 1.85% of their portfolio BUFFALO, NY 213,796213.8k $24.4m $24.4m 1.85% Added +3.3k +3,277
34 Mesirow Financial Investment Management, Inc. 0.84% of their portfolio CHICAGO, IL 206,380206.4k $23.5m $23.5m 0.84% New
35 Rockefeller Capital Management L.P. 0.08% of their portfolio NEW YORK, NY 204,940204.9k $23.4m $23.4m 0.08% Added +7.9k +7,942
36 1834 INVESTMENT ADVISORS CO 2.77% of their portfolio Milwaukee, WI 203,584203.6k $23.2m $23.2m 2.77% Reduced -12.0k -12,006
37 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 191,954192.0k $21.9m $21.9m 0.04% Reduced -88.8k -88,766
38 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 190,087190.1k $21.9m $21.9m 0.01% Added +15.5k +15,543
39 Arax Advisory Partners 2.35% of their portfolio NEW YORK, NY 184,614184.6k $21.1m $21.1m 2.35% Reduced -3.6k -3,629
40 KEYBANK NATIONAL ASSOCIATION/OH 0.09% of their portfolio BROOKLYN, OH 183,133183.1k $20.9m $20.9m 0.09% Reduced -2.0k -1,988
41 Salomon & Ludwin, LLC 1.92% of their portfolio RICHMOND, VA 182,686182.7k $18.4m $18.4m 1.92% Unchanged
42 Rehmann Capital Advisory Group 1.72% of their portfolio LANSING, MI 181,748181.7k $20.7m $20.7m 1.72% Added +41.1k +41,062
43 Lido Advisors, LLC 0.20% of their portfolio Los Angeles, CA 172,158172.2k $19.6m $19.6m 0.20% Added +2.5k +2,478
44 Mariner, LLC 0.05% of their portfolio Overland Park, KS 169,023169.0k $19.3m $19.3m 0.05% Added +3.4k +3,362
45 Equitable Holdings, Inc. 0.23% of their portfolio NEW YORK, NY 166,460166.5k $19.0m $19.0m 0.23% Reduced -20.8k -20,837
46 SPC Financial, Inc. 1.91% of their portfolio ROCKVILLE, MD 164,047164.0k $18.7m $18.7m 1.91% Reduced -4.0k -4,028
47 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 157,724157.7k $18.0m $18.0m 0.03% Added +8.8k +8,805
48 Wealth Advisory Solutions, LLC 6.15% of their portfolio ZIONSVILLE, IN 154,463154.5k $17.6m $17.6m 6.15% Reduced -156.9k -156,930
49 FIRST MERCHANTS CORP 1.38% of their portfolio Muncie, IN 147,775147.8k $16.9m $16.9m 1.38% Reduced -2.3k -2,295
50 JMAC ENTERPRISES LLC 3.41% of their portfolio NEWTOWN, PA 138,812138.8k $15.8m $15.8m 3.41% Added +3.0k +3,006
51 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 134,343134.3k $15.3m $15.3m 0.02% Reduced -3.8k -3,780
52 COMERICA BANK 0.07% of their portfolio DALLAS, TX 130,047130.0k $14.8m $14.8m 0.07% Reduced -3.3k -3,259
53 Capital Advisors, Ltd. LLC 2.05% of their portfolio SHAKER HEIGHTS, OH 128,071128.1k $14.6m $14.6m 2.05% Added +1.8k +1,780
54 Sterling Financial Planning, Inc. 6.31% of their portfolio SPARTA, NJ 127,875127.9k $14.6m $14.6m 6.31% Added +2.2k +2,162
55 Lutz Financial Services LLC 1.37% of their portfolio OMAHA, NE 127,796127.8k $14.6m $14.6m 1.37% Reduced -1.4k -1,427
56 M&T Bank Corp 0.05% of their portfolio BUFFALO, NY 117,811117.8k $13.4m $13.4m 0.05% Reduced -21.6k -21,576
57 Texas Yale Capital Corp. 0.63% of their portfolio ST. PETERSBURG, FL 115,243115.2k $13.1m $13.1m 0.63% Added +175 +175
58 GHP Investment Advisors, Inc. 0.69% of their portfolio Denver, CO 112,208112.2k $12.8m $12.8m 0.69% Reduced -2.6k -2,576
59 Ellis Investment Partners, LLC 2.93% of their portfolio Berwyn, PA 110,535110.5k $12.6m $12.6m 2.93% Added +704 +704
60 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 108,919108.9k $12.4m $12.4m 0.04% Added +9.5k +9,475
61 Blue Edge Capital, LLC 2.33% of their portfolio RICHMOND, VA 108,205108.2k $12.3m $12.3m 2.33% Added +1.6k +1,584
62 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 105,022105.0k $12.0m $12.0m 0.05% Reduced -1.1k -1,056
63 ETF Portfolio Partners, Inc. 4.01% of their portfolio LEAWOOD, KS 104,851104.9k $12.0m $12.0m 4.01% Added +582 +582
64 Kestra Advisory Services, LLC 0.09% of their portfolio AUSTIN, TX 100,160100.2k $11.4m $11.4m 0.09% Added +19.0k +19,010
65 Steward Partners Investment Advisory, LLC 0.15% of their portfolio STAMFORD, CT 99,75499.8k $11.4m $11.4m 0.15% Reduced -4.0k -3,993
66 JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio DES PERES, MO 98,09398.1k $11.2m $11.2m 0.02% Added +370 +370
67 Envestnet Portfolio Solutions, Inc. 0.05% of their portfolio BERWYN, PA 95,76195.8k $10.9m $10.9m 0.05% Reduced -10.0k -9,962
68 First Heartland Consultants, Inc. 1.26% of their portfolio LAKE ST. LOUIS, MO 91,95692.0k $10.5m $10.5m 1.26% Added +12.8k +12,784
69 Asset Management Group, Inc. 2.07% of their portfolio STAMFORD, CT 90,53190.5k $10.3m $10.3m 2.07% Added +746 +746
70 Flaharty Asset Management, LLC 1.63% of their portfolio CLEARWATER, FL 90,42890.4k $10.3m $10.3m 1.63% Reduced -42 -42
71 Alesco Advisors, LLC, An ESL Co 0.36% of their portfolio Pittsford, NY 89,63789.6k $10.2m $10.2m 0.36% Reduced -138.8k -138,810
72 Cassaday & Co Wealth Management LLC 0.35% of their portfolio MCLEAN, VA 88,33188.3k $10.1m $10.1m 0.35% Added +18.9k +18,933
73 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.89% of their portfolio CEDAR RAPIDS, IA 83,86083.9k $9.6m $9.6m 0.89% Reduced -7.0k -7,001
74 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 82,19582.2k $9.4m $9.4m 0.01% Reduced -10.1k -10,074
75 FIFTH THIRD BANCORP 0.04% of their portfolio CINCINNATI, OH 82,14882.1k $9.4m $9.4m 0.04% Reduced -7.1k -7,147
76 Wealthspire Advisors, LLC 0.13% of their portfolio NEW YORK, NY 81,97182.0k $9.3m $9.3m 0.13% Reduced -1.9k -1,895
77 NATIXIS ADVISORS, LLC 0.02% of their portfolio Boston, MA 76,21976.2k $8.7m $8.7m 0.02% Reduced -3.0k -2,993
78 Betterment LLC 0.02% of their portfolio NEW YORK, NY 75,18375.2k $8.6m $8.6m 0.02% Added +8.9k +8,911
79 Atria Wealth Solutions, Inc. 0.11% of their portfolio NEW YORK, NY 75,05175.1k $8.6m $8.6m 0.11% Added +1.4k +1,430
80 GREENUP STREET WEALTH MANAGEMENT LLC 2.30% of their portfolio OVERLAND PARK, KS 72,42272.4k $8.3m $8.3m 2.30% Added +2.7k +2,732
81 Mill Creek Capital Advisors, LLC 0.24% of their portfolio Conshohocken, PA 72,22672.2k $8.2m $8.2m 0.24% Reduced -42 -42
82 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 71,84471.8k $8.2m $8.2m 0.02% Added +36.6k +36,629
83 GREAT LAKES ADVISORS, LLC 0.08% of their portfolio CHICAGO, IL 70,63970.6k $8.1m $8.1m 0.08% Reduced -1.3k -1,251
84 FIRST HAWAIIAN BANK 0.25% of their portfolio HONOLULU, HI 69,80569.8k $8.0m $8.0m 0.25% Reduced -676 -676
85 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 68,45368.5k $7.8m $7.8m 0.06% Reduced -2.9k -2,856
86 Ullmann Wealth Partners Group, LLC 1.27% of their portfolio JACKSONVILLE BEACH, FL 68,09368.1k $7.8m $7.8m 1.27% Reduced -10.9k -10,918
87 Omega Financial Group, LLC 3.26% of their portfolio Santa Barbara, CA 66,76566.8k $7.6m $7.6m 3.26% Added +4.9k +4,926
88 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 64,16464.2k $7.3m $7.3m 0.02% Reduced -2.5k -2,525
89 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 63,32163.3k $7.2m $7.2m 0.02% Added +10.2k +10,150
90 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 63,17463.2k $7.2m $7.2m 0.03% Added +832 +832
91 CHILTON INVESTMENT CO INC. 0.21% of their portfolio STAMFORD, CT 63,07363.1k $7.2m $7.2m 0.21% Unchanged
92 Merriman Wealth Management, LLC 0.34% of their portfolio SEATTLE, WA 61,69361.7k $7.0m $7.0m 0.34% Reduced -568 -568
93 GREENLEAF TRUST 0.08% of their portfolio KALAMAZOO, MI 61,63361.6k $7.0m $7.0m 0.08% Added +8.7k +8,687
94 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 61,43661.4k $7.0m $7.0m 0.02% Added +6.1k +6,114
95 MONETA GROUP INVESTMENT ADVISORS LLC 0.14% of their portfolio ST LOUIS, MO 60,14060.1k $6.9m $6.9m 0.14% Added +1.0k +1,036
96 One Capital Management, LLC 0.27% of their portfolio WESTLAKE VILLAGE, CA 59,14759.1k $6.7m $6.7m 0.27% Added +6.2k +6,182
97 LMG Wealth Partners, LLC 1.82% of their portfolio SHREVEPORT, LA 57,46557.5k $6.6m $6.6m 1.82% Reduced -31 -31
98 Associated Banc-Corp 0.22% of their portfolio Green Bay, WI 56,00156.0k $6.4m $6.4m 0.22% Added +11.5k +11,465
99 Asset Dedication, LLC 0.52% of their portfolio SAN FRANCISCO, CA 55,71455.7k $6.4m $6.4m 0.52% Reduced -765 -765
100 Prospera Financial Services Inc 0.21% of their portfolio Dallas, TX 55,48155.5k $6.3m $6.3m 0.21% Added +39.1k +39,075