Vault-13

ISHARES TR IJJ

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

850 institutional holders +10 vs Q4 2025
43,317,77143.3m shares reported held*
$5.7bnreported value*
55 new 216 added 293 reduced 45 sold out net bought ≈ $74.6m (+366.9k 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 ($25.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $132.49. Options: 13 managers hold calls ($10.7bn notional), 0 hold puts (—).

Trends to Q1 2026

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: 817Q3 25: 814Q4 25: 840Q1 26: 850850Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025814
Q4 2025840
Q1 2026850

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 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 25Q2 25: 253 bought or addedQ2 25: 371 cut or sold outQ3 25: 263 bought or addedQ3 25: 321 cut or sold outQ3 25Q4 25: 266 bought or addedQ4 25: 336 cut or sold outQ1 26: 271 bought or addedQ1 26: 338 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024243306
Q3 2024259331
Q4 2024282284
Q1 2025289321
Q2 2025253371
Q3 2025263321
Q4 2025266336
Q1 2026271338

Calls vs puts

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

CallsPuts
$0$5bn$10bn$15bnQ2 25 calls: $10.3bnQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $10.7bnQ3 25 puts: $36.6mQ3 25P/C 0.00Q4 25 calls: $9.8bnQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $10.7bnQ1 26 puts: $0Q1 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2025$10.3bn$00.00
Q3 2025$10.7bn$36.6m0.00
Q4 2025$9.8bn$00.00
Q1 2026$10.7bn$00.00

Biggest buyers

ENVESTNET ASSET MANAGEMENT INC Added +333,089+333.1k
FMR LLC Added +284,247+284.2k
RAYMOND JAMES FINANCIAL INC Added +126,569+126.6k
JONES FINANCIAL COMPANIES LLLP Added +123,893+123.9k
BNP PARIBAS FINANCIAL MARKETS Added +99,700+99.7k
UBS Group AG Added +97,676+97.7k
HSBC HOLDINGS PLC Added +97,438+97.4k
FIFTH THIRD BANCORP Added +83,729+83.7k
MERCER GLOBAL ADVISORS INC /ADV Added +63,172+63.2k
PARR MCKNIGHT WEALTH MANAGEMENT GROUP, LLC New +48,051+48.1k

Biggest sellers

Align Financial, LLC Reduced -202,153-202.2k
GW HENSSLER & ASSOCIATES LTD Reduced -175,502-175.5k
Corient Private Wealth LP Reduced -116,074-116.1k
AMERIPRISE FINANCIAL INC Reduced -105,461-105.5k
WELLS FARGO & COMPANY/MN Reduced -88,447-88.4k
Leeward Investments, LLC - MA Reduced -44,336-44.3k
Balance Wealth Partners LLC Reduced -43,164-43.2k
HighTower Advisors, LLC Reduced -42,978-43.0k
SOL Capital Management CO Sold out -42,689-42.7k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -38,198-38.2k

Biggest calls

Optiver Holding B.V. Added $6.7bn27.9m shares
IMC-Chicago, LLC Added $1.4bn7.2m shares
JPMORGAN CHASE & CO Reduced $904.9m5.3m shares
AKUNA SECURITIES LLC Added $735.9m3.0m shares
HRT FINANCIAL LP Added $332.1m2.3m shares
Maven Securities LTD Added $211.4m897.5k shares
Bracebridge Capital, LLC Reduced $207.5m8.4k shares
GROUP ONE TRADING LLC Added $102.7m1.2m shares
HIGHBRIDGE CAPITAL MANAGEMENT LLC New $31.0m400.0k shares
SG Americas Securities, LLC Reduced $24.9m3.1m 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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.03% of their portfolio BOSTON, MA 4,094,8524.1m $542.6m $542.6m 0.03% Added +284.2k +284,247
2 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 4,040,7444.0m $535.4m $535.4m 0.03% Added +39.9k +39,883
3 WELLS FARGO & COMPANY/MN 0.09% of their portfolio SAN FRANCISCO, CA 3,437,7273.4m $455.5m $455.5m 0.09% Reduced -88.4k -88,447
4 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,402,5682.4m $318.3m $318.3m 0.02% Added +29.9k +29,909
5 UBS Group AG 0.05% of their portfolio ZURICH, V8 2,237,3412.2m $296.4m $296.4m 0.05% Added +97.7k +97,676
6 ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio Berwyn, PA 2,194,6272.2m $290.8m $290.8m 0.08% Added +333.1k +333,089
7 PNC Financial Services Group, Inc. 0.10% of their portfolio Pittsburgh, PA 1,350,3381.4m $178.9m $178.9m 0.10% Added +9.7k +9,695
8 D.A. DAVIDSON & CO. 0.88% of their portfolio GREAT FALLS, MT 1,091,1921.1m $144.6m $144.6m 0.88% Added +38.1k +38,084
9 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 922,764922.8k $122.3m $122.3m 0.04% Added +126.6k +126,569
10 Cullen/Frost Bankers, Inc. 1.24% of their portfolio San Antonio, TX 825,346825.3k $109.4m $109.4m 1.24% Reduced -6.0k -6,023
11 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 772,213772.2k $102.3m $102.3m 0.03% Reduced -26.4k -26,395
12 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 672,228672.2k $89.1m $89.1m 0.01% Reduced -185 -185
13 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 639,260639.3k $84.7m $84.7m 0.05% Added +5.7k +5,742
14 Financial Engines Advisors L.L.C. 0.17% of their portfolio SANTA CLARA, CA 625,330625.3k $82.9m $82.9m 0.17% Reduced -37.2k -37,207
15 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 599,744599.7k $79.6m $79.6m 0.02% Reduced -105.5k -105,461
16 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 558,496558.5k $74.0m $74.0m 0.01% Added +20.4k +20,382
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 438,176438.2k $56.7m $56.7m 0.00% Added +5.2k +5,238
18 JONES FINANCIAL COMPANIES LLLP 0.03% of their portfolio DES PERES, MO 412,787412.8k $53.6m $53.6m 0.03% Added +123.9k +123,893
19 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 407,817407.8k $54.0m $54.0m 0.01% Reduced -7.3k -7,318
20 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 380,229380.2k $50.4m $50.4m 0.05% Reduced -43.0k -42,978
21 Baird Financial Group, Inc. 0.07% of their portfolio MILWAUKEE, WI 341,363341.4k $45.2m $45.2m 0.07% Reduced -2.9k -2,935
22 Evensky & Katz LLC 2.53% of their portfolio CORAL GABLES, FL 335,183335.2k $44.4m $44.4m 2.53% Reduced -10.7k -10,710
23 MAI Capital Management 0.24% of their portfolio INDEPENDENCE, OH 325,115325.1k $43.1m $43.1m 0.24% Reduced -4.7k -4,675
24 MIDLAND WEALTH ADVISORS, LLC 1.96% of their portfolio EFFINGHAM, IL 286,673286.7k $38.0m $38.0m 1.96% Reduced -21.0k -21,034
25 Wilmington Savings Fund Society, FSB 0.90% of their portfolio WILMINGTON, DE 283,540283.5k $37.6m $37.6m 0.90% Reduced -12.6k -12,626
26 BOKF, NA 0.55% of their portfolio TULSA, OK 268,987269.0k $35.6m $35.6m 0.55% Added +593 +593
27 Cerity Partners LLC 0.05% of their portfolio NEW YORK, NY 266,001266.0k $35.2m $35.2m 0.05% Added +36.1k +36,056
28 World Investment Advisors 0.57% of their portfolio LINCROFT, NJ 265,442265.4k $35.2m $35.2m 0.57% Added +9.6k +9,582
29 Rehmann Capital Advisory Group 1.74% of their portfolio LANSING, MI 252,258252.3k $33.4m $33.4m 1.74% Added +14.5k +14,539
30 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 236,258236.3k $31.3m $31.3m 0.04% Reduced -15.2k -15,170
31 Willis Johnson & Associates, Inc. 1.81% of their portfolio Houston, TX 234,440234.4k $31.1m $31.1m 1.81% Reduced -10.8k -10,789
32 COURIER CAPITAL LLC 1.66% of their portfolio BUFFALO, NY 224,220224.2k $29.7m $29.7m 1.66% Reduced -19.7k -19,658
33 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 224,193224.2k $29.7m $29.7m 0.05% Added +6.0k +5,968
34 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 220,982221.0k $29.3m $29.3m 0.04% Reduced -2.4k -2,439
35 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 200,444200.4k $26.6m $26.6m 0.02% Reduced -18.8k -18,764
36 KEYBANK NATIONAL ASSOCIATION/OH 0.09% of their portfolio BROOKLYN, OH 179,242179.2k $23.7m $23.7m 0.09% Reduced -2.3k -2,284
37 Lido Advisors, LLC 0.09% of their portfolio Los Angeles, CA 176,595176.6k $23.4m $23.4m 0.09% Added +12.2k +12,201
38 Mariner, LLC 0.03% of their portfolio Overland Park, KS 174,235174.2k $23.1m $23.1m 0.03% Added +2.3k +2,279
39 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 164,616164.6k $21.8m $21.8m 0.01% Reduced -10.7k -10,690
40 AlphaCore Capital LLC 0.51% of their portfolio LA JOLLA, CA 162,564162.6k $21.5m $21.5m 0.51% Reduced -2.8k -2,787
41 FIFTH THIRD BANCORP 0.04% of their portfolio CINCINNATI, OH 155,807155.8k $20.6m $20.6m 0.04% Added +83.7k +83,729
42 Sterling Financial Planning, Inc. 6.05% of their portfolio SPARTA, NJ 153,885153.9k $20.4m $20.4m 6.05% Added +910 +910
43 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 150,000150.0k $19.9m $19.9m 0.01% Added +99.7k +99,700
44 Vestmark Advisory Solutions, Inc. 0.21% of their portfolio Wakefield, MA 145,448145.4k $19.3m $19.3m 0.21% Added +2.0k +1,955
45 Wealthspire Advisors, LLC 0.14% of their portfolio NEW YORK, NY 138,738138.7k $18.4m $18.4m 0.14% Reduced -1.3k -1,302
46 Focus Partners Wealth 0.02% of their portfolio ST LOUIS, MO 131,515131.5k $17.4m $17.4m 0.02% Added +897 +897
47 Lutz Financial Services LLC 1.06% of their portfolio OMAHA, NE 118,830118.8k $15.7m $15.7m 1.06% Reduced -1.2k -1,226
48 Capital Advisors, Ltd. LLC 1.67% of their portfolio SHAKER HEIGHTS, OH 110,627110.6k $14.7m $14.7m 1.67% Reduced -1.9k -1,885
49 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 108,414108.4k $14.4m $14.4m 0.02% Reduced -2.9k -2,900
50 Texas Yale Capital Corp. 0.41% of their portfolio ST. PETERSBURG, FL 108,369108.4k $14.4m $14.4m 0.41% Reduced -3.8k -3,750
51 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 106,470106.5k $14.1m $14.1m 0.02% Added +63.2k +63,172
52 Steward Partners Investment Advisory, LLC 0.07% of their portfolio STAMFORD, CT 104,492104.5k $13.8m $13.8m 0.07% Added +147 +147
53 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 103,300103.3k $13.7m $13.7m 0.01% Added +8.2k +8,150
54 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 102,835102.8k $13.6m $13.6m 0.05% Added +5.2k +5,224
55 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 102,818102.8k $13.6m $13.6m 0.02% Reduced -116.1k -116,074
56 GHP Investment Advisors, Inc. 0.56% of their portfolio Denver, CO 102,445102.4k $13.6m $13.6m 0.56% Reduced -1.1k -1,052
57 MONETA GROUP INVESTMENT ADVISORS LLC 0.10% of their portfolio ST LOUIS, MO 102,200102.2k $13.5m $13.5m 0.10% Reduced -2.4k -2,405
58 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 100,692100.7k $13.3m $13.3m 0.01% Added +97.4k +97,438
59 Cassaday & Co Wealth Management LLC 0.27% of their portfolio MCLEAN, VA 97,14997.1k $12.9m $12.9m 0.27% Reduced -1.4k -1,445
60 Salomon & Ludwin, LLC 1.15% of their portfolio RICHMOND, VA 96,48996.5k $12.9m $12.9m 1.15% Reduced -4.4k -4,397
61 1834 INVESTMENT ADVISORS CO 1.57% of their portfolio Milwaukee, WI 94,95995.0k $12.6m $12.6m 1.57% Reduced -4.5k -4,511
62 FIRST MERCHANTS CORP 0.47% of their portfolio Muncie, IN 93,33793.3k $12.4m $12.4m 0.47% Reduced -2.1k -2,091
63 Omega Financial Group, LLC 3.98% of their portfolio Santa Barbara, CA 91,17691.2k $12.1m $12.1m 3.98% Added +2.1k +2,142
64 NATIXIS ADVISORS, LLC 0.02% of their portfolio Boston, MA 90,48490.5k $12.0m $12.0m 0.02% Reduced -11.1k -11,091
65 Asset Management Group, Inc. 1.92% of their portfolio STAMFORD, CT 89,49289.5k $11.9m $11.9m 1.92% Reduced -183 -183
66 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 88,52088.5k $11.7m $11.7m 0.01% Reduced -6.2k -6,239
67 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 85,48485.5k $11.3m $11.3m 0.03% Reduced -9.9k -9,855
68 Ellis Investment Partners, LLC 1.96% of their portfolio Berwyn, PA 85,12385.1k $11.3m $11.3m 1.96% Reduced -1.5k -1,528
69 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 84,31184.3k $11.2m $11.2m 0.03% Reduced -8.4k -8,405
70 Dakota Wealth Management 0.24% of their portfolio PALM BEACH GARDENS, FL 83,96784.0k $11.1m $11.1m 0.24% Added +3.3k +3,271
71 PW Nova Financial Services LLC 2.75% of their portfolio NEWTOWN, PA 82,84382.8k $11.0m $11.0m 2.75% Added +1.0k +1,017
72 Balance Wealth Partners LLC 3.36% of their portfolio WORTHINGTON, OH 81,68781.7k $10.8m $10.8m 3.36% Reduced -43.2k -43,164
73 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.55% of their portfolio CEDAR RAPIDS, IA 80,68380.7k $10.7m $10.7m 0.55% Reduced -1.3k -1,337
74 Mesirow Financial Investment Management, Inc. 0.17% of their portfolio CHICAGO, IL 79,98080.0k $10.6m $10.6m 0.17% Added +13.4k +13,440
75 REGIONS FINANCIAL CORP 0.07% of their portfolio BIRMINGHAM, AL 78,37078.4k $10.4m $10.4m 0.07% Added +995 +995
76 Blue Edge Capital, LLC 1.35% of their portfolio RICHMOND, VA 76,47576.5k $10.1m $10.1m 1.35% Added +2.0k +1,964
77 Mill Creek Capital Advisors, LLC 0.20% of their portfolio Conshohocken, PA 72,18672.2k $9.6m $9.6m 0.20% Unchanged
78 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 67,51267.5k $9.0m $9.0m 0.01% Reduced -1.4k -1,403
79 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 66,27466.3k $5.2m $5.2m 0.01% Reduced -38.2k -38,198
80 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 62,89962.9k $8.3m $8.3m 0.01% Added +577 +577
81 LMG Wealth Partners, LLC 1.52% of their portfolio SHREVEPORT, LA 62,77962.8k $8.3m $8.3m 1.52% Added +320 +320
82 OFS Enterprise LLC 2.39% of their portfolio KEARNEY, NE 61,34861.3k $8.1m $8.1m 2.39% First filing
83 InvesTrust 3.32% of their portfolio OKLAHOMA CITY, OK 59,63359.6k $7.9m $7.9m 3.32% Unchanged
84 Flaharty Asset Management, LLC 0.98% of their portfolio CLEARWATER, FL 59,32859.3k $7.9m $7.9m 0.98% Reduced -1.1k -1,109
85 Causey Wealth LLC 3.32% of their portfolio GREENWOOD VILLAGE, CO 58,99359.0k $7.8m $7.8m 3.32% Reduced -7.1k -7,147
86 DDFG, Inc 1.67% of their portfolio THOUSAND OAKS, CA 58,50058.5k $7.8m $7.8m 1.67% Added +1.3k +1,297
87 Pinnacle Financial Partners, Inc. 0.06% of their portfolio ATLANTA, GA 56,98357.0k $7.6m $7.6m 0.06% Added +1.6k +1,617
88 MFA WEALTH ADVISORS, LLC 1.48% of their portfolio PITTSBURGH, PA 56,77156.8k $7.5m $7.5m 1.48% Added +7.2k +7,228
89 Summit Financial, LLC 0.10% of their portfolio PARSIPPANY, NJ 56,72556.7k $7.5m $7.5m 0.10% Added +3.7k +3,724
90 Arkadios Wealth Advisors 0.12% of their portfolio ATLANTA, GA 56,39756.4k $7.5m $7.5m 0.12% Added +575 +575
91 Bryn Mawr Trust Advisors, LLC 0.36% of their portfolio PHILADELPHIA, PA 55,40255.4k $7.3m $7.3m 0.36% Added +16.5k +16,506
92 IFP Advisors, Inc 0.15% of their portfolio TAMPA, FL 54,28254.3k $7.2m $7.2m 0.15% Added +33 +33
93 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 54,18454.2k $7.2m $7.2m 0.01% Added +4.5k +4,484
94 Foundation Wealth Management, LLC 4.78% of their portfolio Clayton, MO 53,42953.4k $7.1m $7.1m 4.78% Added +5.7k +5,676
95 MidFirst Bank 0.58% of their portfolio DENVER, CO 53,19653.2k $7.0m $7.0m 0.58% Reduced -1.8k -1,797
96 BlackRock, Inc. 0.00% of their portfolio New York, NY 52,28852.3k $6.9m $6.9m 0.00% Reduced -1.1k -1,062
97 Asset Dedication, LLC 0.47% of their portfolio SAN FRANCISCO, CA 50,77050.8k $6.7m $6.7m 0.47% Reduced -955 -955
98 First Citizens Financial Corp 3.16% of their portfolio MASON CITY, IA 50,44350.4k $6.7m $6.7m 3.16% Reduced -550 -550
99 BECKER CAPITAL MANAGEMENT INC 0.19% of their portfolio Portland, OR 48,80448.8k $6.5m $6.5m 0.19% Unchanged
100 GREENLEAF TRUST 0.06% of their portfolio KALAMAZOO, MI 48,63348.6k $6.4m $6.4m 0.06% Reduced -2.3k -2,300