Vault-13

ISHARES TR IJJ

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

817 institutional holders -4 vs Q1 2025
44,908,51544.9m shares reported held*
$5.5bnreported value*
49 new 204 added 318 reduced 53 sold out net sold ≈ $27.3m (-177.4k 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 ($3.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $123.57. Options: 18 managers hold calls ($10.3bn notional), 0 hold puts (—).

Trends to Q2 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: 821Q2 25: 817817Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025817

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 201 bought or addedQ3 23: 284 cut or sold outQ4 23: 269 bought or addedQ4 23: 259 cut or sold outQ4 23Q1 24: 255 bought or addedQ1 24: 317 cut or sold outQ2 24: 243 bought or addedQ2 24: 306 cut or sold outQ2 24Q3 24: 259 bought or addedQ3 24: 331 cut or sold outQ4 24: 282 bought or addedQ4 24: 284 cut or sold outQ4 24Q1 25: 289 bought or addedQ1 25: 321 cut or sold outQ2 25: 253 bought or addedQ2 25: 371 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023201284
Q4 2023269259
Q1 2024255317
Q2 2024243306
Q3 2024259331
Q4 2024282284
Q1 2025289321
Q2 2025253371

Calls vs puts

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

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

Biggest buyers

ROYAL BANK OF CANADA Added +632,251+632.3k
FMR LLC Added +329,830+329.8k
Rockefeller Capital Management L.P. Added +216,279+216.3k
MORGAN STANLEY Added +139,616+139.6k
Cullen/Frost Bankers, Inc. Added +90,152+90.2k
Bank of New York Mellon Corp Added +69,696+69.7k
BNP PARIBAS FINANCIAL MARKETS Added +63,400+63.4k
Fortitude Financial, LLC New +46,278+46.3k
IFP Advisors, Inc Added +43,496+43.5k
JONES FINANCIAL COMPANIES LLLP Added +38,471+38.5k

Biggest sellers

World Investment Advisors Reduced -217,734-217.7k
Evensky & Katz LLC Reduced -139,260-139.3k
Wealth Advisory Solutions, LLC Reduced -134,153-134.2k
PNC Financial Services Group, Inc. Reduced -116,081-116.1k
Camarda Financial Advisors, LLC Sold out -93,466-93.5k
ENVESTNET ASSET MANAGEMENT INC Reduced -90,550-90.5k
AMERIPRISE FINANCIAL INC Reduced -88,677-88.7k
Cetera Investment Advisers Reduced -84,160-84.2k
Atria Wealth Solutions, Inc. Sold out -72,938-72.9k
Equitable Holdings, Inc. Reduced -72,818-72.8k

Biggest calls

Optiver Holding B.V. Added $4.8bn22.1m shares
IMC-Chicago, LLC Added $2.2bn10.4m shares
1832 Asset Management L.P. New $1.5bn7.0m shares
JPMORGAN CHASE & CO Reduced $1.1bn6.4m shares
PICTON MAHONEY ASSET MANAGEMENT Reduced $266.3m1.2m shares
Bracebridge Capital, LLC Added $256.0m11.9k shares
GARDA CAPITAL PARTNERS LP Added $43.0m282.7k shares
SG Americas Securities, LLC Added $40.6m4.8m shares
Oribel Capital Management, LP New $39.6m183.6k shares
EHP Funds Inc. New $33.7m156.0k 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.

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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 4,276,7514.3m $528.5m $528.5m 0.03% Added +139.6k +139,616
2 WELLS FARGO & COMPANY/MN 0.10% of their portfolio SAN FRANCISCO, CA 3,695,9383.7m $456.7m $456.7m 0.10% Reduced -24.6k -24,581
3 FMR LLC 0.02% of their portfolio BOSTON, MA 3,545,7523.5m $438.2m $438.2m 0.02% Added +329.8k +329,830
4 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,392,0992.4m $295.6m $295.6m 0.02% Added +19.7k +19,672
5 UBS Group AG 0.05% of their portfolio ZURICH, V8 2,043,7342.0m $252.6m $252.6m 0.05% Reduced -48.6k -48,638
6 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 1,888,3411.9m $233.4m $233.4m 0.07% Reduced -90.5k -90,550
7 PNC Financial Services Group, Inc. 0.10% of their portfolio Pittsburgh, PA 1,299,6371.3m $160.6m $160.6m 0.10% Reduced -116.1k -116,081
8 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,175,1301.2m $145.2m $145.2m 0.01% Added +632.3k +632,251
9 D.A. DAVIDSON & CO. 0.83% of their portfolio GREAT FALLS, MT 954,981955.0k $118.0m $118.0m 0.83% Added +32.4k +32,385
10 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 849,192849.2k $104.9m $104.9m 0.04% Reduced -27.8k -27,761
11 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 832,656832.7k $103.4m $103.4m 0.03% Reduced -88.7k -88,677
12 Cullen/Frost Bankers, Inc. 1.29% of their portfolio San Antonio, TX 831,931831.9k $102.8m $102.8m 1.29% Added +90.2k +90,152
13 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 800,652800.7k $98.9m $98.9m 0.03% Reduced -16.8k -16,803
14 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 720,171720.2k $89.0m $89.0m 0.01% Added +6.7k +6,701
15 Financial Engines Advisors L.L.C. 0.17% of their portfolio SANTA CLARA, CA 693,811693.8k $85.7m $85.7m 0.17% Added +21.4k +21,446
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 626,380626.4k $77.4m $77.4m 0.06% Added +35.3k +35,310
17 MIDLAND WEALTH ADVISORS, LLC 4.09% of their portfolio EFFINGHAM, IL 599,218599.2k $74.1m $74.1m 4.09% Added +13.0k +13,041
18 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 479,986480.0k $59.3m $59.3m 0.01% Added +69.7k +69,696
19 Willis Johnson & Associates, Inc. 3.95% of their portfolio Houston, TX 470,118470.1k $58.1m $58.1m 3.95% Added +11.1k +11,094
20 Evensky & Katz LLC 3.42% of their portfolio CORAL GABLES, FL 452,939452.9k $56.0m $56.0m 3.42% Reduced -139.3k -139,260
21 GW HENSSLER & ASSOCIATES LTD 2.98% of their portfolio KENNESAW, GA 451,897451.9k $55.8m $55.8m 2.98% Added +6.8k +6,756
22 Rockefeller Capital Management L.P. 0.06% of their portfolio NEW YORK, NY 430,622430.6k $53.2m $53.2m 0.06% Added +216.3k +216,279
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 422,787422.8k $52.2m $52.2m 0.00% Reduced -6.3k -6,317
24 HighTower Advisors, LLC 0.06% of their portfolio CHICAGO, IL 398,083398.1k $49.2m $49.2m 0.06% Reduced -40.1k -40,099
25 Baird Financial Group, Inc. 0.07% of their portfolio MILWAUKEE, WI 334,571334.6k $41.3m $41.3m 0.07% Reduced -6.5k -6,523
26 MAI Capital Management 0.29% of their portfolio INDEPENDENCE, OH 332,483332.5k $41.1m $41.1m 0.29% Added +2.2k +2,232
27 Wilmington Savings Fund Society, FSB 0.70% of their portfolio WILMINGTON, DE 320,576320.6k $39.6m $39.6m 0.70% Reduced -2.3k -2,262
28 BOKF, NA 0.64% of their portfolio TULSA, OK 317,319317.3k $39.2m $39.2m 0.64% Reduced -4.4k -4,420
29 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 308,340308.3k $38.1m $38.1m 0.05% Reduced -25.5k -25,490
30 Pathstone Holdings, LLC 0.13% of their portfolio ENGLEWOOD, NJ 270,766270.8k $33.5m $33.5m 0.13% Added +17.5k +17,457
31 Wealthspire Advisors, LLC 0.18% of their portfolio NEW YORK, NY 261,290261.3k $32.3m $32.3m 0.18% Reduced -3.8k -3,770
32 COURIER CAPITAL LLC 1.79% of their portfolio BUFFALO, NY 239,173239.2k $29.6m $29.6m 1.79% Added +1.5k +1,491
33 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 232,672232.7k $28.8m $28.8m 0.04% Reduced -4.2k -4,213
34 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 224,837224.8k $27.8m $27.8m 0.02% Reduced -10.2k -10,159
35 Cerity Partners LLC 0.05% of their portfolio NEW YORK, NY 222,738222.7k $27.5m $27.5m 0.05% Reduced -8.4k -8,376
36 JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio DES PERES, MO 219,531219.5k $27.1m $27.1m 0.02% Added +38.5k +38,471
37 Rehmann Capital Advisory Group 1.63% of their portfolio LANSING, MI 217,678217.7k $26.9m $26.9m 1.63% Added +6.5k +6,519
38 Mesirow Financial Investment Management, Inc. 0.51% of their portfolio CHICAGO, IL 212,409212.4k $26.3m $26.3m 0.51% Reduced -2.8k -2,775
39 KEYBANK NATIONAL ASSOCIATION/OH 0.09% of their portfolio BROOKLYN, OH 187,734187.7k $23.2m $23.2m 0.09% Reduced -3.0k -2,966
40 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 175,238175.2k $21.7m $21.7m 0.01% Added +7.7k +7,726
41 Mariner, LLC 0.03% of their portfolio Overland Park, KS 170,061170.1k $21.0m $21.0m 0.03% Reduced -1.7k -1,658
42 SPC Financial, Inc. 1.71% of their portfolio ROCKVILLE, MD 165,136165.1k $20.4m $20.4m 1.71% Added +448 +448
43 Lido Advisors, LLC 0.10% of their portfolio Los Angeles, CA 151,737151.7k $18.8m $18.8m 0.10% Reduced -39.1k -39,150
44 Sterling Financial Planning, Inc. 6.05% of their portfolio SPARTA, NJ 146,424146.4k $18.1m $18.1m 6.05% Added +6.6k +6,634
45 GREENUP STREET WEALTH MANAGEMENT LLC 2.97% of their portfolio OVERLAND PARK, KS 138,108138.1k $17.1m $17.1m 2.97% Added +15.0k +15,025
46 Focus Partners Wealth 0.03% of their portfolio ST LOUIS, MO 121,948121.9k $15.1m $15.1m 0.03% Added +4.3k +4,251
47 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 121,623121.6k $15.0m $15.0m 0.03% Reduced -49.3k -49,283
48 Lutz Financial Services LLC 1.16% of their portfolio OMAHA, NE 120,569120.6k $14.9m $14.9m 1.16% Reduced -671 -671
49 FIRST MERCHANTS CORP 0.55% of their portfolio Muncie, IN 115,234115.2k $14.2m $14.2m 0.55% Reduced -3.4k -3,362
50 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 113,949113.9k $14.1m $14.1m 0.02% Reduced -4.1k -4,051
51 Capital Advisors, Ltd. LLC 1.73% of their portfolio SHAKER HEIGHTS, OH 113,178113.2k $14.0m $14.0m 1.73% Reduced -7.2k -7,189
52 Texas Yale Capital Corp. 0.45% of their portfolio ST. PETERSBURG, FL 112,117112.1k $13.9m $13.9m 0.45% Reduced -1.9k -1,918
53 1834 INVESTMENT ADVISORS CO 1.75% of their portfolio Milwaukee, WI 111,954112.0k $13.8m $13.8m 1.75% Reduced -8.0k -7,950
54 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 107,447107.4k $13.8m $13.8m 0.02% Added +3.9k +3,871
55 Steward Partners Investment Advisory, LLC 0.10% of their portfolio STAMFORD, CT 106,454106.5k $13.2m $13.2m 0.10% Reduced -1.5k -1,538
56 GHP Investment Advisors, Inc. 0.58% of their portfolio Denver, CO 106,052106.1k $13.1m $13.1m 0.58% Reduced -502 -502
57 Salomon & Ludwin, LLC 1.32% of their portfolio RICHMOND, VA 105,218105.2k $13.4m $13.4m 1.32% Reduced -3.2k -3,163
58 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 103,037103.0k $12.7m $12.7m 0.01% Reduced -6.1k -6,090
59 Flaharty Asset Management, LLC 1.70% of their portfolio CLEARWATER, FL 100,561100.6k $12.4m $12.4m 1.70% Added +5.2k +5,200
60 MONETA GROUP INVESTMENT ADVISORS LLC 0.15% of their portfolio ST LOUIS, MO 99,82899.8k $12.3m $12.3m 0.15% Added +5.2k +5,187
61 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 99,78999.8k $12.3m $12.3m 0.00% Added +26.4k +26,356
62 Cassaday & Co Wealth Management LLC 0.31% of their portfolio MCLEAN, VA 99,57199.6k $12.3m $12.3m 0.31% Added +9.5k +9,483
63 COMERICA BANK 0.05% of their portfolio DALLAS, TX 96,82696.8k $12.0m $12.0m 0.05% Reduced -1.1k -1,135
64 Kestra Advisory Services, LLC 0.06% of their portfolio AUSTIN, TX 96,31896.3k $11.9m $11.9m 0.06% Reduced -5.4k -5,408
65 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 93,30393.3k $11.5m $11.5m 0.04% Reduced -10.7k -10,667
66 Blue Edge Capital, LLC 1.69% of their portfolio RICHMOND, VA 92,02492.0k $11.4m $11.4m 1.69% Reduced -26.8k -26,807
67 Ellis Investment Partners, LLC 2.20% of their portfolio Berwyn, PA 91,63691.6k $11.3m $11.3m 2.20% Reduced -1.4k -1,398
68 Asset Management Group, Inc. 1.93% of their portfolio STAMFORD, CT 89,44989.4k $11.1m $11.1m 1.93% Reduced -829 -829
69 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 85,28385.3k $10.5m $10.5m 0.03% Added +7.8k +7,831
70 Omega Financial Group, LLC 3.72% of their portfolio Santa Barbara, CA 83,45983.5k $10.3m $10.3m 3.72% Added +2.8k +2,845
71 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 80,72480.7k $10.0m $10.0m 0.02% Reduced -84.2k -84,160
72 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.67% of their portfolio CEDAR RAPIDS, IA 79,05079.0k $9.8m $9.8m 0.67% Reduced -465 -465
73 IFP Advisors, Inc 0.27% of their portfolio TAMPA, FL 77,53277.5k $9.6m $9.6m 0.27% Added +43.5k +43,496
74 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 73,13973.1k $9.0m $9.0m 0.01% Reduced -3.9k -3,914
75 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 72,70072.7k $9.0m $9.0m 0.01% Added +63.4k +63,400
76 REGIONS FINANCIAL CORP 0.06% of their portfolio BIRMINGHAM, AL 72,41172.4k $8.9m $8.9m 0.06% Added +18.5k +18,491
77 Mill Creek Capital Advisors, LLC 0.20% of their portfolio Conshohocken, PA 72,18672.2k $8.9m $8.9m 0.20% Reduced -40 -40
78 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 71,53971.5k $8.8m $8.8m 0.01% Added +2.3k +2,333
79 M&T Bank Corp 0.03% of their portfolio BUFFALO, NY 69,55969.6k $8.6m $8.6m 0.03% Reduced -1.7k -1,684
80 FIFTH THIRD BANCORP 0.03% of their portfolio CINCINNATI, OH 69,35469.4k $8.6m $8.6m 0.03% Reduced -1.1k -1,116
81 Causey Wealth LLC 4.27% of their portfolio GREENWOOD VILLAGE, CO 67,18367.2k $8.3m $8.3m 4.27% Reduced -4.4k -4,417
82 Envestnet Portfolio Solutions, Inc. 0.03% of their portfolio BERWYN, PA 65,45165.5k $8.1m $8.1m 0.03% Reduced -22.3k -22,259
83 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 63,74863.7k $7.9m $7.9m 0.02% Added +3.6k +3,590
84 InvesTrust 2.84% of their portfolio OKLAHOMA CITY, OK 59,64059.6k $7.4m $7.4m 2.84% Reduced -2.1k -2,100
85 LMG Wealth Partners, LLC 1.50% of their portfolio SHREVEPORT, LA 59,11059.1k $7.3m $7.3m 1.50% Added +866 +866
86 Oldfather Financial Services, LLC 2.40% of their portfolio KEARNEY, NE 56,56656.6k $7.0m $7.0m 2.40% Added +2.5k +2,480
87 Dakota Wealth Management 0.15% of their portfolio PALM BEACH GARDENS, FL 56,30856.3k $7.0m $7.0m 0.15% Added +4.9k +4,919
88 Ullmann Wealth Partners Group, LLC 0.82% of their portfolio JACKSONVILLE BEACH, FL 56,20756.2k $6.9m $6.9m 0.82% Reduced -2.1k -2,107
89 GREENLEAF TRUST 0.06% of their portfolio KALAMAZOO, MI 51,65151.7k $6.4m $6.4m 0.06% Reduced -1.1k -1,091
90 Associated Banc-Corp 0.18% of their portfolio Green Bay, WI 51,34251.3k $6.3m $6.3m 0.18% Reduced -9.4k -9,413
91 First Citizens Financial Corp 3.41% of their portfolio MASON CITY, IA 50,20550.2k $6.2m $6.2m 3.41% Added +2.8k +2,820
92 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 50,07250.1k $6.2m $6.2m 0.01% Added +6.1k +6,125
93 Asset Dedication, LLC 0.44% of their portfolio SAN FRANCISCO, CA 49,18549.2k $6.1m $6.1m 0.44% Added +2.1k +2,128
94 BECKER CAPITAL MANAGEMENT INC 0.19% of their portfolio Portland, OR 48,80448.8k $6.0m $6.0m 0.19% Unchanged
95 Foundation Wealth Management, LLC 4.18% of their portfolio Clayton, MO 48,61148.6k $6.0m $6.0m 4.18% Added +9.7k +9,711
96 SOL Capital Management CO 0.55% of their portfolio ROCKVILLE, MD 46,28146.3k $5.7m $5.7m 0.55% Added +13.1k +13,075
97 Fortitude Financial, LLC 2.43% of their portfolio Spokane, WA 46,27846.3k $2.7m $2.7m 2.43% New
98 Broadview Financial Management, LLC 3.87% of their portfolio WAUWATOSA, WI 46,09646.1k $5.7m $5.7m 3.87% Added +3.0k +3,022
99 One Capital Management, LLC 0.19% of their portfolio WESTLAKE VILLAGE, CA 45,06845.1k $5.6m $5.6m 0.19% Added +2.7k +2,661
100 PITTENGER & ANDERSON INC 0.20% of their portfolio LINCOLN, NE 44,39044.4k $5.5m $5.5m 0.20% Unchanged