Vault-13

ISHARES TR IYR

U.S. REAL ES ETF · ETP · CUSIP 464287739

483 institutional holders -14 vs Q1 2023
33,330,63733.3m shares reported held*
$2.9bnreported value*
37 new 126 added 190 reduced 57 sold out net sold ≈ $1.3bn (-14.6m 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 ($93.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $86.65. Options: 18 managers hold calls ($400.2m notional), 24 hold puts ($708.8m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 500Q4 22: 514Q1 23: 497Q2 23: 483483Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022500
Q4 2022514
Q1 2023497
Q2 2023483

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 221 bought or addedQ4 22: 201 cut or sold outQ4 22Q1 23: 179 bought or addedQ1 23: 237 cut or sold outQ1 23Q2 23: 163 bought or addedQ2 23: 247 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022221201
Q1 2023179237
Q2 2023163247

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bnQ3 22 calls: $991.2mQ3 22 puts: $940.0mQ3 22P/C 0.95Q4 22 calls: $562.8mQ4 22 puts: $738.0mQ4 22P/C 1.31Q1 23 calls: $627.2mQ1 23 puts: $1.2bnQ1 23P/C 1.96Q2 23 calls: $400.2mQ2 23 puts: $708.8mQ2 23P/C 1.77
Numbers
QuarterCallsPutsP/C
Q3 2022$991.2m$940.0m0.95
Q4 2022$562.8m$738.0m1.31
Q1 2023$627.2m$1.2bn1.96
Q2 2023$400.2m$708.8m1.77

Biggest buyers

BNP PARIBAS FINANCIAL MARKETS Added +594,665+594.7k
Point72 Asset Management, L.P. New +491,343+491.3k
BANK OF AMERICA CORP /DE/ Added +339,114+339.1k
Quantitative Investment Management, LLC New +321,408+321.4k
GOLDMAN SACHS GROUP INC Added +295,387+295.4k
TUDOR INVESTMENT CORP ET AL New +251,288+251.3k
SG Americas Securities, LLC Added +221,668+221.7k
BANK OF MONTREAL /CAN/ Added +177,710+177.7k
MARSHALL WACE, LLP New +170,523+170.5k
Passaic Partners LLC Added +154,268+154.3k

Biggest sellers

BARCLAYS PLC Reduced -6,345,188-6.3m
CIBC WORLD MARKETS CORP Sold out -4,548,557-4.5m
MORGAN STANLEY Reduced -1,381,010-1.4m
UBS Group AG Reduced -1,212,911-1.2m
TWO SIGMA ADVISERS, LP Sold out -590,000-590.0k
CREDIT SUISSE AG/ Reduced -534,544-534.5k
TWO SIGMA INVESTMENTS, LP Reduced -272,595-272.6k
PNC Financial Services Group, Inc. Reduced -255,850-255.8k
CITADEL ADVISORS LLC Reduced -251,528-251.5k
Parallax Volatility Advisers, L.P. Reduced -243,587-243.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $162.0m1.9m shares
CITADEL ADVISORS LLC Reduced $86.5m999.3k shares
Paloma Partners Management Co Added $22.6m261.5k shares
CAPITAL FUND MANAGEMENT S.A. Added $20.9m241.1k shares
Parallax Volatility Advisers, L.P. Reduced $19.3m222.9k shares
WELLS FARGO & COMPANY/MN New $17.3m200.0k shares
WOLVERINE TRADING, LLC Added $14.7m171.0k shares
ExodusPoint Capital Management, LP Added $13.1m151.8k shares
BANK OF AMERICA CORP /DE/ New $13.0m149.7k shares
ROYAL BANK OF CANADA Reduced $10.0m115.0k shares

Biggest puts

CITADEL ADVISORS LLC Added $157.8m1.8m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $106.6m1.2m shares
GOLDMAN SACHS GROUP INC Reduced $69.2m800.0k shares
ROYAL BANK OF CANADA Added $50.2m580.0k shares
BANK OF MONTREAL /CAN/ New $45.2m522.1k shares
BANK OF AMERICA CORP /DE/ New $42.8m494.0k shares
Centiva Capital, LP New $38.9m450.0k shares
Conversant Capital LLC New $38.9m450.0k shares
CITIGROUP INC Reduced $34.6m400.0k shares
Paloma Partners Management Co Added $27.7m319.6k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 3,640,9863.6m $315.1m $315.1m 0.03% Reduced -1.4m -1,381,010
2 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 3,549,9553.5m $307.2m $307.2m 0.04% Added +339.1k +339,114
3 WealthNavi Inc. 4.91% of their portfolio Shinagawa-ku, TOKYO, M0 3,494,6813.5m $302.4m $302.4m 4.91% Added +117.9k +117,927
4 BNP PARIBAS FINANCIAL MARKETS 0.33% of their portfolio PARIS, I0 1,948,5171.9m $168.6m $168.6m 0.33% Added +594.7k +594,665
5 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 1,394,4131.4m $120.7m $120.7m 0.03% Added +295.4k +295,387
6 WOLVERINE TRADING, LLC 1.29% of their portfolio CHICAGO, IL 1,117,3491.1m $96.2m $96.2m 1.29% Added +25.0k +24,963
7 BlackRock Inc. 0.00% of their portfolio New York, NY 1,061,9631.1m $91.9m $91.9m 0.00% Added +532 +532
8 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 719,937719.9k $62.3m $62.3m 0.02% Reduced -62.0k -61,972
9 UBS Group AG 0.03% of their portfolio ZURICH, V8 702,537702.5k $60.8m $60.8m 0.03% Reduced -1.2m -1,212,911
10 STIFEL FINANCIAL CORP 0.08% of their portfolio ST. LOUIS, MO 644,260644.3k $55.8m $55.8m 0.08% Added +46.6k +46,608
11 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 593,432593.4k $51.4m $51.4m 0.01% Added +56.1k +56,147
12 US BANCORP \DE\ 0.08% of their portfolio MINNEAPOLIS, MN 541,208541.2k $46.8m $46.8m 0.08% Reduced -8.0k -8,041
13 Point72 Asset Management, L.P. 0.15% of their portfolio STAMFORD, CT 491,343491.3k $42.5m $42.5m 0.15% New
14 Ilmarinen Mutual Pension Insurance Co 0.53% of their portfolio HELSINKI, H9 485,627485.6k $42.0m $42.0m 0.53% Reduced -65.0k -65,000
15 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 445,397445.4k $38.5m $38.5m 0.03% Reduced -255.8k -255,850
16 Money Design Co.,Ltd. 2.04% of their portfolio TOKYO, M0 397,772397.8k $34.4m $34.4m 2.04% Added +38.1k +38,068
17 SG Americas Securities, LLC 0.27% of their portfolio NEW YORK, NY 362,173362.2k $31.3m $31.3m 0.27% Added +221.7k +221,668
18 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 359,864359.9k $31.1m $31.1m 0.02% Reduced -6.3m -6,345,188
19 Twin Tree Management, LP 0.63% of their portfolio DALLAS, TX 353,979354.0k $30.6m $30.6m 0.63% Added +29.1k +29,063
20 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 331,228331.2k $28.7m $28.7m 0.01% Added +177.7k +177,710
21 Quantitative Investment Management, LLC 2.63% of their portfolio CHARLOTTESVILLE, VA 321,408321.4k $27.8m $27.8m 2.63% New
22 Passaic Partners LLC 4.39% of their portfolio NEWARK, NJ 297,008297.0k $25.7m $25.7m 4.39% Added +154.3k +154,268
23 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 279,198279.2k $24.2m $24.2m 0.02% Added +1.4k +1,443
24 CREDIT SUISSE AG/ 0.02% of their portfolio ZURICH, V8 255,562255.6k $22.1m $22.1m 0.02% Reduced -534.5k -534,544
25 TUDOR INVESTMENT CORP ET AL 0.35% of their portfolio STAMFORD, CT 251,288251.3k $21.7m $21.7m 0.35% New
26 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 246,526246.5k $21.3m $21.3m 0.00% Reduced -121.4k -121,378
27 CAPITAL FUND MANAGEMENT S.A. 0.33% of their portfolio PARIS, I0 243,778243.8k $21.1m $21.1m 0.33% Reduced -95.0k -94,994
28 FUKOKU MUTUAL LIFE INSURANCE Co 1.98% of their portfolio TOKYO, M0 243,000243.0k $21.0m $21.0m 1.98% Unchanged
29 Mariner, LLC 0.05% of their portfolio Overland Park, KS 233,988234.0k $20.2m $20.2m 0.05% Added +2.1k +2,117
30 Veritable, L.P. 0.32% of their portfolio Newtown Square, PA 229,908229.9k $19.9m $19.9m 0.32% Reduced -1.2k -1,221
31 Corient Private Wealth LP 0.05% of their portfolio MIAMI, FL 227,542227.5k $19.7m $19.7m 0.05% Reduced -18.2k -18,229
32 TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio NEW YORK, NY 207,410207.4k $17.9m $17.9m 0.05% Reduced -272.6k -272,595
33 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 206,482206.5k $17.9m $17.9m 0.01% Added +2.9k +2,912
34 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 204,603204.6k $17.6m $17.6m 0.02% Added +97.7k +97,680
35 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 189,984190.0k $16.4m $16.4m 0.02% Added +45.2k +45,199
36 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 170,523170.5k $14.8m $14.8m 0.03% New
37 Estate Counselors, LLC 1.74% of their portfolio Thiensville, WI 158,880158.9k $13.7m $13.7m 1.74% Added +49.0k +49,030
38 Gunma Bank,Ltd. 8.85% of their portfolio GUNMA, M0 151,000151.0k $13.1m $13.1m 8.85% Unchanged
39 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 150,001150.0k $13.0m $13.0m 0.01% Added +69.3k +69,319
40 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 146,872146.9k $12.7m $12.7m 0.07% Added +2.1k +2,053
41 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 146,702146.7k $12.7m $12.7m 0.02% Added +5.2k +5,210
42 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 146,549146.5k $12.7m $12.7m 0.01% Reduced -220.8k -220,754
43 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 144,480144.5k $12.5m $12.5m 0.01% Added +2.2k +2,211
44 Squarepoint Ops LLC 0.06% of their portfolio NEW YORK, NY 133,426133.4k $11.5m $11.5m 0.06% Reduced -85.3k -85,318
45 Omega Financial Group, LLC 5.12% of their portfolio Santa Barbara, CA 129,260129.3k $11.2m $11.2m 5.12% Reduced -5.1k -5,147
46 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 125,086125.1k $10.8m $10.8m 0.02% Reduced -13.6k -13,589
47 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 125,073125.1k $10.8m $10.8m 0.02% Added +69 +69
48 Regis Management CO LLC 3.50% of their portfolio MENLO PARK, CA 123,541123.5k $10.7m $10.7m 3.50% Reduced -1.2k -1,169
49 INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 1.59% of their portfolio Fort Collins, CO 112,867112.9k $9.8m $9.8m 1.59% Added +8.0k +8,026
50 FMR LLC 0.00% of their portfolio BOSTON, MA 105,468105.5k $9.1m $9.1m 0.00% Reduced -174.3k -174,346
51 Magnus Financial Group LLC 1.27% of their portfolio NEW YORK, NY 103,229103.2k $8.9m $8.9m 1.27% Added +45.8k +45,772
52 Jump Financial, LLC 0.32% of their portfolio Chicago, IL 101,406101.4k $8.8m $8.8m 0.32% Added +15.0k +15,016
53 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 97,10097.1k $8.3m $8.3m 0.03% First filing
54 LAKE STREET ADVISORS GROUP, LLC 0.43% of their portfolio PORTSMOUTH, NH 90,55690.6k $7.8m $7.8m 0.43% Reduced -14.4k -14,433
55 MISSION WEALTH MANAGEMENT, LP 0.30% of their portfolio Santa Barbara, CA 90,34890.3k $7.8m $7.8m 0.30% Reduced -1.6k -1,574
56 SCS Capital Management LLC 0.19% of their portfolio BOSTON, MA 87,24787.2k $7.6m $7.6m 0.19% Unchanged
57 Paloma Partners Management Co 1.73% of their portfolio GREENWICH, CT 86,41686.4k $7.5m $7.5m 1.73% Added +34.9k +34,887
58 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 85,09085.1k $7.4m $7.4m 0.01% Reduced -89.1k -89,114
59 CHILTON CAPITAL MANAGEMENT LLC 0.34% of their portfolio HOUSTON, TX 71,13771.1k $6.2m $6.2m 0.34% Added +2.4k +2,363
60 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 69,10869.1k $6.0m $6.0m 0.01% Reduced -7.5k -7,506
61 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 67,74667.7k $5.9m $5.9m 0.01% Reduced -33.3k -33,252
62 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 62,17762.2k $5.4m $5.4m 0.02% Added +55.6k +55,629
63 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.17% of their portfolio TOKYO, M0 61,40761.4k $5.3m $5.3m 0.17% Reduced -6.1k -6,063
64 AE Wealth Management LLC 0.03% of their portfolio TOPEKA, KS 61,14561.1k $5.3m $5.3m 0.03% Added +47.7k +47,724
65 Cetera Advisor Networks LLC 0.04% of their portfolio EL SEGUNDO, CA 60,91060.9k $5.3m $5.3m 0.04% Reduced -1.4k -1,437
66 STEPHENS INC /AR/ 0.09% of their portfolio LITTLE ROCK, AR 59,90059.9k $5.2m $5.2m 0.09% Reduced -5.0k -5,029
67 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 58,73758.7k $5.1m $5.1m 0.01% Reduced -4.4k -4,400
68 Crestone Asset Management LLC 1.07% of their portfolio BOULDER, CO 56,31656.3k $4.9m $4.9m 1.07% Reduced -6.3k -6,326
69 ARKANSAS FINANCIAL GROUP, INC. 0.97% of their portfolio LITTLE ROCK, AR 56,24256.2k $4.9m $4.9m 0.97% Added +1.1k +1,050
70 Matthew Goff Investment Advisor, LLC 1.13% of their portfolio HOUSTON, TX 55,74755.7k $4.8m $4.8m 1.13% Reduced -1.1k -1,150
71 First Citizens Financial Corp 3.25% of their portfolio MASON CITY, IA 55,32955.3k $4.8m $4.8m 3.25% First filing
72 Geneos Wealth Management Inc. 0.25% of their portfolio ENGLEWOOD, CO 54,91154.9k $4.8m $4.8m 0.25% Added +1.0k +1,006
73 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 53,18253.2k $4.6m $4.6m 0.01% Reduced -251.5k -251,528
74 Whitegate Investment Counselors, Inc. 1.48% of their portfolio CONCORD, NH 52,22652.2k $4.5m $4.5m 1.48% Added +821 +821
75 COURIER CAPITAL LLC 0.35% of their portfolio BUFFALO, NY 51,72151.7k $4.5m $4.5m 0.35% Added +612 +612
76 Walleye Trading LLC 0.23% of their portfolio NEW YORK, NY 50,15550.2k $4.3m $4.3m 0.23% New
77 J. Goldman & Co LP 0.25% of their portfolio NEW YORK, NY 49,96350.0k $4.3m $4.3m 0.25% Added +44.0k +43,963
78 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 48,79648.8k $4.2m $4.2m 0.01% Added +4.4k +4,363
79 Washington Trust Bank 0.42% of their portfolio Spokane, WA 47,63547.6k $4.1m $4.1m 0.42% Reduced -7.8k -7,826
80 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 45,80345.8k $4.0m $4.0m 0.01% Reduced -11.8k -11,789
81 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 44,75744.8k $3.9m $3.9m 0.01% Added +17.9k +17,931
82 Greenland Capital Management LP 0.56% of their portfolio NEW YORK, NY 44,75544.8k $3.9m $3.9m 0.56% New
83 Regis Acquisition Inc. 1.59% of their portfolio DENVER, CO 44,19844.2k $3.8m $3.8m 1.59% Added +12.4k +12,426
84 Weiss Asset Management LP 0.48% of their portfolio BOSTON, MA 43,47343.5k $3.8m $3.8m 0.48% Reduced -78.3k -78,341
85 Guidance Point Advisors, LLC 1.42% of their portfolio Wellesley, MA 42,85142.9k $3.7m $3.7m 1.42% Reduced -834 -834
86 FOX RUN MANAGEMENT, L.L.C. 0.97% of their portfolio GREENWICH, CT 39,70039.7k $3.4m $3.4m 0.97% Added +200 +200
87 BANQUE PICTET & CIE SA 0.03% of their portfolio GENEVA 73, V8 39,33039.3k $3.4m $3.4m 0.03% Added +6.4k +6,359
88 First Horizon Advisors, Inc. 0.12% of their portfolio MEMPHIS, TN 39,04439.0k $3.4m $3.4m 0.12% Reduced -426 -426
89 Modus Advisors, LLC 1.42% of their portfolio EXCELSIOR, MN 38,11638.1k $3.3m $3.3m 1.42% Added +2.1k +2,052
90 Pictet North America Advisors SA 0.45% of their portfolio GENEVA 73, V8 37,43437.4k $3.2m $3.2m 0.45% Added +6.6k +6,554
91 Rodgers & Associates, LTD 0.46% of their portfolio Lancaster, PA 37,04337.0k $3.2m $3.2m 0.46% Added +934 +934
92 Running Point Capital Advisors, LLC 1.78% of their portfolio EL SEGUNDO, CA 36,64136.6k $3.2m $3.2m 1.78% Added +955 +955
93 J.P. Morgan Private Wealth Advisors LLC 0.02% of their portfolio SAN FRANCISCO, CA 36,31936.3k $3.1m $3.1m 0.02% Reduced -29.7k -29,712
94 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 36,19736.2k $3.1m $3.1m 0.00% Reduced -480 -480
95 SOA Wealth Advisors, LLC. 0.73% of their portfolio NEW YORK, NY 36,01736.0k $3.1m $3.1m 0.73% Reduced -14.5k -14,548
96 SHEETS SMITH WEALTH MANAGEMENT 0.46% of their portfolio WINSTON-SALEM, NC 36,00036.0k $3.1m $3.1m 0.46% Unchanged
97 Legacy Private Trust Co. 0.26% of their portfolio NEENAH, WI 35,74435.7k $3.1m $3.1m 0.26% Reduced -2.3k -2,332
98 REBALANCE, LLC 0.29% of their portfolio PALO ALTO, CA 35,60635.6k $3.1m $3.1m 0.29% Added +11.1k +11,058
99 CAPSTONE INVESTMENT ADVISORS, LLC 0.09% of their portfolio NEW YORK, NY 33,81733.8k $2.9m $2.9m 0.09% Reduced -82.0k -81,955
100 CarsonAllaria Wealth Management, Ltd. 2.28% of their portfolio GLEN CARBON, IL 33,47933.5k $2.9m $2.9m 2.28% Added +1.5k +1,461