Vault-13

ISHARES TR IJJ

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

821 institutional holders -7 vs Q4 2024
45,072,54145.1m shares reported held*
$5.4bnreported value*
47 new 242 added 271 reduced 50 sold out net bought ≈ $93.8m (+789.8k 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 ($2.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $119.78. Options: 15 managers hold calls ($6.9bn notional), 1 hold puts ($25.8k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 629Q4 22: 690Q1 23: 684Q2 23: 680Q3 23: 667Q4 23: 734Q1 24: 730Q2 24: 739Q3 24: 758Q4 24: 828Q1 25: 821821Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022629
Q4 2022690
Q1 2023684
Q2 2023680
Q3 2023667
Q4 2023734
Q1 2024730
Q2 2024739
Q3 2024758
Q4 2024828
Q1 2025821

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 244 bought or addedQ2 23: 291 cut or sold outQ3 23: 201 bought or addedQ3 23: 284 cut or sold outQ3 23Q4 23: 269 bought or addedQ4 23: 259 cut or sold outQ1 24: 255 bought or addedQ1 24: 317 cut or sold outQ1 24Q2 24: 243 bought or addedQ2 24: 306 cut or sold outQ3 24: 259 bought or addedQ3 24: 331 cut or sold outQ3 24Q4 24: 282 bought or addedQ4 24: 284 cut or sold outQ1 25: 289 bought or addedQ1 25: 321 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023244291
Q3 2023201284
Q4 2023269259
Q1 2024255317
Q2 2024243306
Q3 2024259331
Q4 2024282284
Q1 2025289321

Calls vs puts

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

CallsPuts
$0$5bn$10bn$15bnQ2 24 calls: $11.5bnQ2 24 puts: $0Q2 24P/C 0.00Q3 24 calls: $10.3bnQ3 24 puts: $247.2kQ3 24P/C 0.00Q4 24 calls: $8.7bnQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $6.9bnQ1 25 puts: $25.8kQ1 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2024$11.5bn$00.00
Q3 2024$10.3bn$247.2k0.00
Q4 2024$8.7bn$00.00
Q1 2025$6.9bn$25.8k0.00

Biggest buyers

World Investment Advisors Added +215,671+215.7k
LPL Financial LLC Added +163,256+163.3k
Wealthspire Advisors, LLC Added +146,265+146.3k
WELLS FARGO & COMPANY/MN Added +143,345+143.3k
ENVESTNET ASSET MANAGEMENT INC Added +116,156+116.2k
Camarda Financial Advisors, LLC New +93,466+93.5k
MORGAN STANLEY Added +75,615+75.6k
Ascension Capital Advisors, Inc. New +68,103+68.1k
Cetera Investment Advisers Added +58,386+58.4k
Whalen Wealth Management Inc. New +56,574+56.6k

Biggest sellers

Arax Advisory Partners Reduced -166,724-166.7k
FMR LLC Reduced -150,569-150.6k
JMAC ENTERPRISES LLC Reduced -79,957-80.0k
AMERIPRISE FINANCIAL INC Reduced -66,399-66.4k
UBS Group AG Reduced -61,994-62.0k
GREAT LAKES ADVISORS, LLC Reduced -60,469-60.5k
ETF Portfolio Partners, Inc. Reduced -52,389-52.4k
Equitable Holdings, Inc. Reduced -47,205-47.2k
Evensky & Katz LLC Reduced -44,565-44.6k
TRUIST FINANCIAL CORP Reduced -32,039-32.0k

Biggest calls

Optiver Holding B.V. Reduced $4.0bn20.0m shares
IMC-Chicago, LLC Reduced $1.3bn6.6m shares
JPMORGAN CHASE & CO Reduced $1.2bn7.7m shares
PICTON MAHONEY ASSET MANAGEMENT Added $223.8m1.2m shares
CIBC WORLD MARKETS CORP Reduced $45.4m548.7k shares
GARDA CAPITAL PARTNERS LP New $41.6m216.2k shares
Bracebridge Capital, LLC New $37.2m1.9k shares
SG Americas Securities, LLC Added $18.4m3.6m shares
GROUP ONE TRADING LLC Added $16.0m193.0k shares
Maven Securities LTD Added $11.7m65.6k shares

Biggest puts

Quaker Wealth Management, LLC First filing $25.8k216 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 4,137,1354.1m $495.3m $495.3m 0.04% Added +75.6k +75,615
2 WELLS FARGO & COMPANY/MN 0.11% of their portfolio SAN FRANCISCO, CA 3,720,5193.7m $445.5m $445.5m 0.11% Added +143.3k +143,345
3 FMR LLC 0.02% of their portfolio BOSTON, MA 3,215,9223.2m $385.0m $385.0m 0.02% Reduced -150.6k -150,569
4 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 2,372,4272.4m $284.1m $284.1m 0.03% Added +29.5k +29,518
5 UBS Group AG 0.06% of their portfolio ZURICH, V8 2,092,3722.1m $250.5m $250.5m 0.06% Reduced -62.0k -61,994
6 ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio Berwyn, PA 1,978,8912.0m $236.9m $236.9m 0.08% Added +116.2k +116,156
7 PNC Financial Services Group, Inc. 0.09% of their portfolio Pittsburgh, PA 1,415,7181.4m $169.5m $169.5m 0.09% Added +8.0k +8,049
8 D.A. DAVIDSON & CO. 0.89% of their portfolio GREAT FALLS, MT 922,596922.6k $110.5m $110.5m 0.89% Added +24.7k +24,732
9 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 921,333921.3k $110.4m $110.4m 0.03% Reduced -66.4k -66,399
10 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 876,953877.0k $105.0m $105.0m 0.04% Added +23.4k +23,414
11 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 817,455817.5k $97.9m $97.9m 0.04% Added +163.3k +163,256
12 Cullen/Frost Bankers, Inc. 1.24% of their portfolio San Antonio, TX 741,779741.8k $88.8m $88.8m 1.24% Added +36.7k +36,736
13 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 713,470713.5k $85.4m $85.4m 0.01% Added +8.4k +8,450
14 Financial Engines Advisors L.L.C. 0.17% of their portfolio SANTA CLARA, CA 672,365672.4k $80.5m $80.5m 0.17% Reduced -18.0k -18,006
15 Evensky & Katz LLC 4.76% of their portfolio CORAL GABLES, FL 592,199592.2k $70.9m $70.9m 4.76% Reduced -44.6k -44,565
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 591,070591.1k $70.8m $70.8m 0.06% Reduced -6.8k -6,816
17 MIDLAND WEALTH ADVISORS, LLC 4.13% of their portfolio EFFINGHAM, IL 586,177586.2k $70.2m $70.2m 4.13% Added +7.4k +7,405
18 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 542,879542.9k $65.0m $65.0m 0.01% Added +18.2k +18,171
19 Willis Johnson & Associates, Inc. 4.16% of their portfolio Houston, TX 459,024459.0k $55.0m $55.0m 4.16% Added +4.0k +3,974
20 GW HENSSLER & ASSOCIATES LTD 3.06% of their portfolio KENNESAW, GA 445,141445.1k $53.3m $53.3m 3.06% Added +25.7k +25,736
21 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 438,182438.2k $52.5m $52.5m 0.07% Added +47.7k +47,686
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 429,104429.1k $51.4m $51.4m 0.00% Added +3.9k +3,921
23 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 410,290410.3k $49.1m $49.1m 0.01% Reduced -7.6k -7,609
24 Baird Financial Group, Inc. 0.08% of their portfolio MILWAUKEE, WI 341,094341.1k $40.8m $40.8m 0.08% Reduced -20.5k -20,469
25 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 333,830333.8k $40.0m $40.0m 0.06% Reduced -7.0k -6,952
26 MAI Capital Management 0.30% of their portfolio INDEPENDENCE, OH 330,251330.3k $39.5m $39.5m 0.30% Reduced -27.7k -27,708
27 Wilmington Savings Fund Society, FSB 0.72% of their portfolio WILMINGTON, DE 322,838322.8k $38.7m $38.7m 0.72% Reduced -2.3k -2,271
28 BOKF, NA 0.68% of their portfolio TULSA, OK 321,739321.7k $38.5m $38.5m 0.68% Reduced -1.8k -1,793
29 Wealthspire Advisors, LLC 0.19% of their portfolio NEW YORK, NY 265,060265.1k $31.7m $31.7m 0.19% Added +146.3k +146,265
30 Pathstone Holdings, LLC 0.13% of their portfolio ENGLEWOOD, NJ 253,309253.3k $30.3m $30.3m 0.13% Reduced -2.2k -2,188
31 COURIER CAPITAL LLC 1.86% of their portfolio BUFFALO, NY 237,682237.7k $28.5m $28.5m 1.86% Added +545 +545
32 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 236,885236.9k $28.4m $28.4m 0.05% Reduced -32.0k -32,039
33 Creative Planning 0.03% of their portfolio OVERLAND PARK, KS 234,996235.0k $28.1m $28.1m 0.03% Reduced -7.6k -7,624
34 Cerity Partners LLC 0.06% of their portfolio NEW YORK, NY 231,114231.1k $27.7m $27.7m 0.06% Added +266 +266
35 World Investment Advisors 0.69% of their portfolio LINCROFT, NJ 222,382222.4k $26.6m $26.6m 0.69% Added +215.7k +215,671
36 Mesirow Financial Investment Management, Inc. 0.50% of their portfolio CHICAGO, IL 215,184215.2k $25.8m $25.8m 0.50% Reduced -1.8k -1,843
37 Rockefeller Capital Management L.P. 0.06% of their portfolio NEW YORK, NY 214,343214.3k $25.7m $25.7m 0.06% Reduced -2.6k -2,593
38 Rehmann Capital Advisory Group 1.59% of their portfolio LANSING, MI 211,159211.2k $25.3m $25.3m 1.59% Added +12.5k +12,489
39 Lido Advisors, LLC 0.13% of their portfolio Los Angeles, CA 190,887190.9k $22.9m $22.9m 0.13% Reduced -7.4k -7,405
40 KEYBANK NATIONAL ASSOCIATION/OH 0.09% of their portfolio BROOKLYN, OH 190,700190.7k $22.8m $22.8m 0.09% Added +13.3k +13,348
41 JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio DES PERES, MO 181,060181.1k $21.6m $21.6m 0.02% Added +24.9k +24,936
42 Mariner, LLC 0.03% of their portfolio Overland Park, KS 171,719171.7k $20.6m $20.6m 0.03% Added +2.5k +2,497
43 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 170,906170.9k $20.5m $20.5m 0.05% Added +7.5k +7,472
44 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 167,512167.5k $20.1m $20.1m 0.01% Added +830 +830
45 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 164,884164.9k $19.7m $19.7m 0.04% Added +58.4k +58,386
46 SPC Financial, Inc. 1.73% of their portfolio ROCKVILLE, MD 164,688164.7k $19.7m $19.7m 1.73% Added +706 +706
47 Wealth Advisory Solutions, LLC 4.84% of their portfolio ZIONSVILLE, IN 152,746152.7k $18.3m $18.3m 4.84% Reduced -9.9k -9,936
48 Sterling Financial Planning, Inc. 6.07% of their portfolio SPARTA, NJ 139,790139.8k $16.7m $16.7m 6.07% Added +4.7k +4,650
49 GREENUP STREET WEALTH MANAGEMENT LLC 2.92% of their portfolio OVERLAND PARK, KS 123,083123.1k $14.7m $14.7m 2.92% Added +14.6k +14,557
50 Lutz Financial Services LLC 1.19% of their portfolio OMAHA, NE 121,240121.2k $14.5m $14.5m 1.19% Reduced -907 -907
51 Capital Advisors, Ltd. LLC 1.90% of their portfolio SHAKER HEIGHTS, OH 120,367120.4k $14.4m $14.4m 1.90% Reduced -2.8k -2,796
52 1834 INVESTMENT ADVISORS CO 1.85% of their portfolio Milwaukee, WI 119,904119.9k $14.4m $14.4m 1.85% Reduced -17.0k -16,989
53 Blue Edge Capital, LLC 2.28% of their portfolio RICHMOND, VA 118,831118.8k $14.2m $14.2m 2.28% Reduced -8.8k -8,785
54 FIRST MERCHANTS CORP 0.57% of their portfolio Muncie, IN 118,596118.6k $14.2m $14.2m 0.57% Reduced -1.4k -1,358
55 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 118,000118.0k $14.1m $14.1m 0.02% Reduced -4.5k -4,456
56 Focus Partners Wealth 0.04% of their portfolio ST LOUIS, MO 117,697117.7k $14.1m $14.1m 0.04% Reduced -26.2k -26,171
57 Texas Yale Capital Corp. 0.56% of their portfolio ST. PETERSBURG, FL 114,035114.0k $13.7m $13.7m 0.56% Reduced -2.0k -1,955
58 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 109,127109.1k $13.1m $13.1m 0.01% Reduced -45 -45
59 Salomon & Ludwin, LLC 1.38% of their portfolio RICHMOND, VA 108,381108.4k $13.0m $13.0m 1.38% Reduced -3.9k -3,891
60 Steward Partners Investment Advisory, LLC 0.11% of their portfolio STAMFORD, CT 107,992108.0k $12.9m $12.9m 0.11% Reduced -2.0k -2,017
61 GHP Investment Advisors, Inc. 0.61% of their portfolio Denver, CO 106,554106.6k $12.8m $12.8m 0.61% Reduced -2.7k -2,728
62 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 103,970104.0k $12.4m $12.4m 0.04% Added +16.2k +16,234
63 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 103,576103.6k $12.4m $12.4m 0.02% Reduced -7.3k -7,269
64 Kestra Advisory Services, LLC 0.06% of their portfolio AUSTIN, TX 101,726101.7k $12.2m $12.2m 0.06% Reduced -5.2k -5,228
65 Equitable Holdings, Inc. 0.12% of their portfolio NEW YORK, NY 101,713101.7k $12.2m $12.2m 0.12% Reduced -47.2k -47,205
66 COMERICA BANK 0.05% of their portfolio DALLAS, TX 97,96198.0k $11.7m $11.7m 0.05% Added +2.9k +2,854
67 Flaharty Asset Management, LLC 1.65% of their portfolio CLEARWATER, FL 95,36195.4k $11.4m $11.4m 1.65% Reduced -6.9k -6,912
68 MONETA GROUP INVESTMENT ADVISORS LLC 0.16% of their portfolio ST LOUIS, MO 94,64194.6k $11.3m $11.3m 0.16% Added +148 +148
69 Camarda Financial Advisors, LLC 5.05% of their portfolio FLEMING ISLAND, FL 93,46693.5k $11.2m $11.2m 5.05% New
70 Ellis Investment Partners, LLC 2.30% of their portfolio Berwyn, PA 93,03493.0k $11.1m $11.1m 2.30% Reduced -4.2k -4,185
71 Asset Management Group, Inc. 2.00% of their portfolio STAMFORD, CT 90,27890.3k $10.8m $10.8m 2.00% Reduced -679 -679
72 Cassaday & Co Wealth Management LLC 0.30% of their portfolio MCLEAN, VA 90,08890.1k $10.8m $10.8m 0.30% Added +3.4k +3,403
73 Envestnet Portfolio Solutions, Inc. 0.04% of their portfolio BERWYN, PA 87,71087.7k $10.5m $10.5m 0.04% Added +345 +345
74 Omega Financial Group, LLC 3.70% of their portfolio Santa Barbara, CA 80,61480.6k $9.7m $9.7m 3.70% Added +110 +110
75 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.73% of their portfolio CEDAR RAPIDS, IA 79,51579.5k $9.5m $9.5m 0.73% Reduced -3.7k -3,723
76 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 77,45277.5k $9.3m $9.3m 0.03% Added +22.0k +22,009
77 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 77,05377.1k $9.2m $9.2m 0.01% Reduced -3.6k -3,622
78 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 73,43373.4k $8.8m $8.8m 0.00% Added +45.6k +45,589
79 Atria Wealth Solutions, Inc. 0.11% of their portfolio NEW YORK, NY 72,93872.9k $8.7m $8.7m 0.11% Reduced -4.2k -4,174
80 Mill Creek Capital Advisors, LLC 0.21% of their portfolio Conshohocken, PA 72,22672.2k $8.6m $8.6m 0.21% Unchanged
81 Causey Wealth LLC 4.79% of their portfolio GREENWOOD VILLAGE, CO 71,60071.6k $8.6m $8.6m 4.79% Reduced -8.3k -8,340
82 M&T Bank Corp 0.03% of their portfolio BUFFALO, NY 71,24371.2k $8.5m $8.5m 0.03% Reduced -4.3k -4,260
83 FIFTH THIRD BANCORP 0.03% of their portfolio CINCINNATI, OH 70,47070.5k $8.4m $8.4m 0.03% Reduced -2.7k -2,690
84 NATIXIS ADVISORS, LLC 0.02% of their portfolio Boston, MA 69,20669.2k $8.3m $8.3m 0.02% Reduced -2.7k -2,720
85 Ascension Capital Advisors, Inc. 3.72% of their portfolio Houston, TX 68,10368.1k $8.2m $8.2m 3.72% New
86 InvesTrust 2.02% of their portfolio OKLAHOMA CITY, OK 61,74061.7k $7.4m $7.4m 2.02% Reduced -850 -850
87 JMAC ENTERPRISES LLC 1.75% of their portfolio NEWTOWN, PA 61,64161.6k $7.4m $7.4m 1.75% Reduced -80.0k -79,957
88 Associated Banc-Corp 0.22% of their portfolio Green Bay, WI 60,75560.8k $7.3m $7.3m 0.22% Added +110 +110
89 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 60,15860.2k $7.2m $7.2m 0.02% Added +1.7k +1,674
90 Prospera Financial Services Inc 0.16% of their portfolio Dallas, TX 59,11159.1k $7.1m $7.1m 0.16% Reduced -15.3k -15,299
91 Ullmann Wealth Partners Group, LLC 0.93% of their portfolio JACKSONVILLE BEACH, FL 58,31458.3k $7.0m $7.0m 0.93% Reduced -4.0k -4,016
92 LMG Wealth Partners, LLC 1.55% of their portfolio SHREVEPORT, LA 58,24458.2k $7.0m $7.0m 1.55% Added +414 +414
93 Whalen Wealth Management Inc. 4.52% of their portfolio LAS VEGAS, NV 56,57456.6k $6.8m $6.8m 4.52% New
94 Oldfather Financial Services, LLC 2.46% of their portfolio KEARNEY, NE 54,08654.1k $6.5m $6.5m 2.46% Added +808 +808
95 REGIONS FINANCIAL CORP 0.05% of their portfolio BIRMINGHAM, AL 53,92053.9k $6.5m $6.5m 0.05% Reduced -827 -827
96 GREENLEAF TRUST 0.06% of their portfolio KALAMAZOO, MI 52,74252.7k $6.3m $6.3m 0.06% Reduced -4.4k -4,385
97 Dakota Wealth Management 0.14% of their portfolio PALM BEACH GARDENS, FL 51,38951.4k $6.2m $6.2m 0.14% Added +5.5k +5,490
98 BECKER CAPITAL MANAGEMENT INC 0.19% of their portfolio Portland, OR 48,80448.8k $5.8m $5.8m 0.19% Unchanged
99 AE Wealth Management LLC 0.05% of their portfolio TOPEKA, KS 47,55547.6k $5.7m $5.7m 0.05% Added +45.2k +45,239
100 First Citizens Financial Corp 3.21% of their portfolio MASON CITY, IA 47,38547.4k $5.7m $5.7m 3.21% Added +163 +163