Vault-13

ISHARES TR IYZ

US TELECOM ETF · ETP · CUSIP 464287713

177 institutional holders +8 vs Q4 2025
18,294,71418.3m shares reported held*
$710.0mreported value*
38 new 40 added 66 reduced 25 sold out net bought ≈ $45.7m (+1.4m 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 ($3.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $38.81. Options: 2 managers hold calls ($3.6m notional), 1 hold puts ($3.8m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 128Q4 22: 156Q1 23: 133Q2 23: 123Q3 23: 119Q4 23: 124Q1 24: 114Q2 24: 111Q3 24: 104Q4 24: 155Q1 25: 135Q2 25: 153Q3 25: 155Q4 25: 169Q1 26: 177177Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022128
Q4 2022156
Q1 2023133
Q2 2023123
Q3 2023119
Q4 2023124
Q1 2024114
Q2 2024111
Q3 2024104
Q4 2024155
Q1 2025135
Q2 2025153
Q3 2025155
Q4 2025169
Q1 2026177

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 44 bought or addedQ2 24: 46 cut or sold outQ3 24: 37 bought or addedQ3 24: 53 cut or sold outQ3 24Q4 24: 83 bought or addedQ4 24: 39 cut or sold outQ1 25: 51 bought or addedQ1 25: 85 cut or sold outQ1 25Q2 25: 77 bought or addedQ2 25: 62 cut or sold outQ3 25: 78 bought or addedQ3 25: 63 cut or sold outQ3 25Q4 25: 78 bought or addedQ4 25: 67 cut or sold outQ1 26: 78 bought or addedQ1 26: 91 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20244446
Q3 20243753
Q4 20248339
Q1 20255185
Q2 20257762
Q3 20257863
Q4 20257867
Q1 20267891

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ2 25 calls: $45.3mQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $600.0kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $881.4kQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $3.6mQ1 26 puts: $3.8mQ1 26P/C 1.06
Numbers
QuarterCallsPutsP/C
Q2 2025$45.3m$00.00
Q3 2025$600.0k$00.00
Q4 2025$881.4k$00.00
Q1 2026$3.6m$3.8m1.06

Biggest buyers

WELLS FARGO & COMPANY/MN Added +1,418,395+1.4m
LPL Financial LLC Added +1,113,922+1.1m
PINKERTON WEALTH, LLC Added +494,925+494.9k
Independent Advisor Alliance New +371,560+371.6k
BANK OF AMERICA CORP /DE/ Added +363,423+363.4k
ADVISORTRUST PARTNERS, LLC New +313,377+313.4k
Advisory Services Network, LLC Added +268,276+268.3k
Equitable Holdings, Inc. Added +220,224+220.2k
Cadent Capital Advisors, LLC New +135,887+135.9k
ALTFEST L J & CO INC New +130,765+130.8k

Biggest sellers

CITIGROUP INC Reduced -911,374-911.4k
True Freedom Investing, LLC Reduced -539,924-539.9k
Camarda Financial Advisors, LLC Sold out -418,208-418.2k
BNP PARIBAS FINANCIAL MARKETS Reduced -251,397-251.4k
Cambridge Investment Research Advisors, Inc. Reduced -243,104-243.1k
AE Wealth Management LLC Reduced -182,429-182.4k
Three Seasons Wealth, LLC Reduced -164,940-164.9k
MORGAN STANLEY Reduced -146,844-146.8k
CoreCap Advisors, LLC Reduced -106,761-106.8k
Balboa Wealth Partners Sold out -88,963-89.0k

Biggest calls

CITADEL ADVISORS LLC Added $2.7m69.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $892.6k22.7k shares

Biggest puts

JANE STREET GROUP, LLC New $3.8m97.5k 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.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,863,3791.9m $73.3m $73.3m 0.00% Reduced -146.8k -146,844
2 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,786,4521.8m $70.2m $70.2m 0.01% Added +363.4k +363,423
3 PINKERTON WEALTH, LLC 5.39% of their portfolio COEUR D ALENE, ID 1,748,5791.7m $59.3m $59.3m 5.39% Added +494.9k +494,925
4 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,721,7361.7m $67.7m $67.7m 0.02% Added +1.1m +1,113,922
5 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,635,7781.6m $64.3m $64.3m 0.01% Added +1.4m +1,418,395
6 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 1,216,3311.2m $47.8m $47.8m 0.03% Reduced -911.4k -911,374
7 Advisory Services Network, LLC 0.21% of their portfolio ATLANTA, GA 410,067410.1k $16.1m $16.1m 0.21% Added +268.3k +268,276
8 Zurich Insurance Group Ltd/FI 0.13% of their portfolio ZURICH, V8 405,290405.3k $15.9m $15.9m 0.13% Reduced -68.8k -68,800
9 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 394,409394.4k $15.5m $15.5m 0.01% Reduced -251.4k -251,397
10 Independent Advisor Alliance 0.16% of their portfolio CHARLOTTE, NC 371,560371.6k $14.6m $14.6m 0.16% New
11 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 369,328369.3k $14.5m $14.5m 0.00% Reduced -85.0k -84,997
12 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 341,798341.8k $13.4m $13.4m 0.03% Reduced -243.1k -243,104
13 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 333,470333.5k $13.1m $13.1m 0.00% Reduced -45.1k -45,111
14 ADVISORTRUST PARTNERS, LLC 5.12% of their portfolio RALEIGH, NC 313,377313.4k $12.3m $12.3m 5.12% New
15 Equitable Holdings, Inc. 0.07% of their portfolio NEW YORK, NY 289,800289.8k $11.4m $11.4m 0.07% Added +220.2k +220,224
16 Orion Porfolio Solutions, LLC 0.09% of their portfolio OMAHA, NE 263,263263.3k $10.4m $10.4m 0.09% Reduced -50.2k -50,232
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 262,771262.8k $10.3m $10.3m 0.00% Reduced -38.1k -38,147
18 WealthCare Asset Management, LLC 10.25% of their portfolio SPRINGFIELD, MO 244,862244.9k $9.6m $9.6m 10.25% Added +2.7k +2,732
19 RPS ADVISORY SOLUTIONS LLC 5.06% of their portfolio LOUISVILLE, KY 227,052227.1k $8.9m $8.9m 5.06% Reduced -36.7k -36,712
20 Summit Financial Consulting LLC 6.26% of their portfolio STERLING HEIGHTS, MI 222,519222.5k $8.7m $8.7m 6.26% Reduced -5.7k -5,736
21 UBS Group AG 0.00% of their portfolio ZURICH, V8 183,066183.1k $7.2m $7.2m 0.00% Reduced -41.9k -41,916
22 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 163,500163.5k $6.4m $6.4m 0.01% Unchanged
23 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 145,559145.6k $5.7m $5.7m 0.01% Reduced -20.1k -20,061
24 Cadent Capital Advisors, LLC 1.41% of their portfolio TULSA, OK 135,887135.9k $5.3m $5.3m 1.41% New
25 ALTFEST L J & CO INC 0.55% of their portfolio NEW YORK, NY 130,765130.8k $5.1m $5.1m 0.55% New
26 Three Seasons Wealth, LLC 1.92% of their portfolio SALT LAKE CITY, UT 127,642127.6k $5.0m $5.0m 1.92% Reduced -164.9k -164,940
27 Baker Avenue Asset Management, LP 0.11% of their portfolio SAN FRANCISCO, CA 127,068127.1k $5.0m $5.0m 0.11% Reduced -9.7k -9,669
28 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 117,756117.8k $4.6m $4.6m 0.00% New
29 VestGen Advisors, LLC 0.13% of their portfolio CHICAGO, IL 111,587111.6k $4.7m $4.7m 0.13% Added +18.2k +18,206
30 PGIM Custom Harvest LLC 0.05% of their portfolio NEWARK, NJ 86,32586.3k $3.4m $3.4m 0.05% Unchanged
31 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 82,69682.7k $3.3m $3.3m 0.00% Reduced -1.3k -1,290
32 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 77,14177.1k $3.0m $3.0m 0.00% Added +15.5k +15,469
33 CROBAN 1.41% of their portfolio FREMONT, OH 76,17876.2k $3.0m $3.0m 1.41% Added +199 +199
34 Empowered Funds, LLC 0.02% of their portfolio NEWTOWN SQUARE, PA 74,50774.5k $2.9m $2.9m 0.02% New
35 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 73,61373.6k $2.9m $2.9m 0.00% Added +59.4k +59,362
36 Destination Wealth Management 0.07% of their portfolio Walnut Creek, CA 69,08869.1k $2.7m $2.7m 0.07% Reduced -2.2k -2,210
37 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 62,45662.5k $2.5m $2.5m 0.01% Added +44.9k +44,867
38 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 59,10959.1k $2.3m $2.3m 0.00% Reduced -46.5k -46,488
39 Financial Management Professionals, Inc. 0.25% of their portfolio AUSTIN, TX 57,42457.4k $2.3m $2.3m 0.25% New
40 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 55,83155.8k $2.2m $2.2m 0.01% Reduced -5.7k -5,660
41 Wagner Wealth Management, Corp 1.92% of their portfolio CONYNGHAM, PA 54,37954.4k $2.1m $2.1m 1.92% Added +6.9k +6,905
42 Concurrent Investment Advisors, LLC 0.02% of their portfolio Tampa, FL 54,04854.0k $2.1m $2.1m 0.02% Added +1.2k +1,154
43 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 53,35853.4k $2.1m $2.1m 0.00% Reduced -20.8k -20,833
44 CoreCap Advisors, LLC 0.07% of their portfolio SOUTHFIELD, MI 52,29952.3k $2.1m $2.1m 0.07% Reduced -106.8k -106,761
45 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 45,24145.2k $1.8m $1.8m 0.00% Reduced -12.8k -12,844
46 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 45,20045.2k $1.8m $1.8m 0.00% New
47 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 44,10744.1k $1.7m $1.7m 0.01% Reduced -10.8k -10,827
48 ST GERMAIN D J CO INC 0.07% of their portfolio SPRINGFIELD, MA 43,62043.6k $1.7m $1.7m 0.07% Reduced -306 -306
49 LEE JOHNSON CAPITAL MANAGEMENT, LLC 0.59% of their portfolio FORT WORTH, TX 41,96842.0k $1.7m $1.7m 0.59% New
50 Nikulski Financial, Inc. 0.41% of their portfolio BETTENDORF, IA 41,91541.9k $1.6m $1.6m 0.41% Added +8 +8
51 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 39,59639.6k $1.6m $1.6m 0.00% Reduced -16 -16
52 SACKS & ASSOCIATES, LLC 1.16% of their portfolio WARREN, NJ 39,57039.6k $1.6m $1.6m 1.16% New
53 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 38,71238.7k $1.5m $1.5m 0.00% Added +14.9k +14,938
54 NBT BANK, N.A. 0.10% of their portfolio NORWICH, NY 37,36737.4k $1.5m $1.5m 0.10% Reduced -3 -3
55 Mariner, LLC 0.00% of their portfolio Overland Park, KS 36,09236.1k $1.4m $1.4m 0.00% Reduced -1.5k -1,454
56 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 35,53135.5k $1.4m $1.4m 0.00% Reduced -35.5k -35,531
57 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 33,13833.1k $1.3m $1.3m 0.00% Added +561 +561
58 Lakeshore Capital Group, Inc. 0.98% of their portfolio Rolling Meadows, IL 30,60330.6k $1.2m $1.2m 0.98% Reduced -300 -300
59 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 28,78228.8k $1.1m $1.1m 0.01% New
60 Kesler, Norman & Wride, LLC 0.19% of their portfolio OGDEN, UT 28,05728.1k $1.1m $1.1m 0.19% Reduced -7.3k -7,278
61 SHP Wealth Management 0.08% of their portfolio PLYMOUTH, MA 27,47027.5k $1.1m $1.1m 0.08% Added +7.2k +7,171
62 FLOW TRADERS U.S. LLC 0.03% of their portfolio NEW YORK, NY 27,36327.4k $1.1m $1.1m 0.03% New
63 Koshinski Asset Management, Inc. 0.07% of their portfolio DECATUR, IL 26,57826.6k $1.0m $1.0m 0.07% Added +1 +1
64 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 26,30726.3k $1.0m $1.0m 0.00% New
65 KKM Financial LLC 0.16% of their portfolio CHICAGO, IL 26,17126.2k $887.2k $887.2k 0.16% Unchanged
66 WESPAC Advisors, LLC 0.56% of their portfolio ORINDA, CA 26,10926.1k $1.0m $1.0m 0.56% Reduced -39.2k -39,226
67 Buck Wealth Strategies, LLC 0.12% of their portfolio DENVER, CO 24,72024.7k $972.0k $972.0k 0.12% Reduced -2.6k -2,599
68 GeoWealth Management, LLC 0.03% of their portfolio CHICAGO, IL 24,54424.5k $965.1k $965.1k 0.03% New
69 HARMONY ASSET MANAGEMENT LLC 0.29% of their portfolio SCOTTSDALE, AZ 24,44224.4k $961.0k $961.0k 0.29% Reduced -3.0k -2,977
70 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 24,31224.3k $959.6k $959.6k 0.00% Added +6.0k +6,034
71 Rothschild Wealth LLC 0.08% of their portfolio OAK BROOK, IL 23,44123.4k $921.7k $921.7k 0.08% New
72 Retirement Planning Group, LLC 0.03% of their portfolio LEAWOOD, KS 22,84922.8k $898.4k $898.4k 0.03% Added +1.7k +1,706
73 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 22,74822.7k $894.4k $894.4k 0.00% Reduced -2.4k -2,386
74 IMC-Chicago, LLC 0.01% of their portfolio CHICAGO, IL 22,13722.1k $870.4k $870.4k 0.01% New
75 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 21,22321.2k $834.5k $834.5k 0.00% Reduced -25.4k -25,380
76 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 20,76420.8k $816.4k $816.4k 0.00% Unchanged
77 APS Management Group, Inc. 0.70% of their portfolio TORRANCE, CA 20,73020.7k $815.1k $815.1k 0.70% Reduced -1.2k -1,183
78 Clear Creek Financial Management, LLC 0.06% of their portfolio SILVERDALE, WA 19,61119.6k $771.1k $771.1k 0.06% Reduced -5.8k -5,840
79 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 19,40919.4k $763.2k $763.2k 0.01% New
80 Ausdal Financial Partners, Inc. 0.03% of their portfolio Davenport, IA 19,03819.0k $748.6k $748.6k 0.03% Reduced -670 -670
81 Avior Wealth Management, LLC 0.02% of their portfolio OMAHA, NE 18,46618.5k $726.1k $726.1k 0.02% New
82 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 18,22618.2k $716.7k $716.7k 0.00% Reduced -52.2k -52,249
83 Lifestyle Asset Management, Inc. 0.23% of their portfolio FRIENDSWOOD, TX 18,11318.1k $712.2k $712.2k 0.23% Reduced -85.3k -85,304
84 Synergy Asset Management, LLC 0.07% of their portfolio VANCOUVER, WA 17,36517.4k $682.8k $682.8k 0.07% Added +11.3k +11,322
85 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 16,71216.7k $657.1k $657.1k 0.00% Reduced -685 -685
86 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 15,96016.0k $627.5k $627.5k 0.00% New
87 Astoria Portfolio Advisors LLC. 0.13% of their portfolio NEW YORK, NY 15,14215.1k $627.3k $627.3k 0.13% Reduced -6.4k -6,403
88 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 15,09415.1k $593.5k $593.5k 0.02% Added +91 +91
89 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 14,57314.6k $573.0k $573.0k 0.00% Reduced -7.0k -6,980
90 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 14,13714.1k $555.9k $555.9k 0.01% Reduced -240 -240
91 CX Institutional 0.02% of their portfolio AUBURN, IN 14,13014.1k $556.0k $556.0k 0.02% Added +4.3k +4,254
92 True Freedom Investing, LLC 0.04% of their portfolio COEUR D'ALENE, ID 13,83713.8k $544.1k $544.1k 0.04% Reduced -539.9k -539,924
93 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 12,95313.0k $509.3k $509.3k 0.01% New
94 Stratos Investment Management, LLC 0.02% of their portfolio BEACHWOOD, OH 12,66212.7k $497.9k $497.9k 0.02% Added +1.6k +1,647
95 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 12,02712.0k $472.9k $472.9k 0.00% New
96 Midwest Trust Co 0.01% of their portfolio Overland Park, KS 11,67111.7k $458.9k $458.9k 0.01% Unchanged
97 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 11,44711.4k $450.1k $450.1k 0.00% Reduced -732 -732
98 Sunbelt Securities, Inc. 0.03% of their portfolio HOUSTON, TX 10,91410.9k $429.1k $429.1k 0.03% Added +10.4k +10,382
99 Greenspring Advisors, LLC 0.03% of their portfolio Towson, MD 10,86110.9k $427.1k $427.1k 0.03% Unchanged
100 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 10,79810.8k $424.6k $424.6k 0.01% Reduced -5.4k -5,428