Vault-13

ISHARES TR IYR

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

463 institutional holders -20 vs Q2 2023
39,243,49339.2m shares reported held*
$3.1bnreported value*
45 new 113 added 164 reduced 62 sold out net bought ≈ $454.3m (+5.9m 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 ($666.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $78.05. Options: 27 managers hold calls ($597.6m notional), 27 hold puts ($594.1m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 500Q4 22: 514Q1 23: 497Q2 23: 483Q3 23: 463463Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022500
Q4 2022514
Q1 2023497
Q2 2023483
Q3 2023463

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 23Q3 23: 158 bought or addedQ3 23: 226 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022221201
Q1 2023179237
Q2 2023163247
Q3 2023158226

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bnQ4 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 1.77Q3 23 calls: $597.6mQ3 23 puts: $594.1mQ3 23P/C 0.99
Numbers
QuarterCallsPutsP/C
Q4 2022$562.8m$738.0m1.31
Q1 2023$627.2m$1.2bn1.96
Q2 2023$400.2m$708.8m1.77
Q3 2023$597.6m$594.1m0.99

Biggest buyers

GOLDMAN SACHS GROUP INC Added +2,660,782+2.7m
BNP PARIBAS FINANCIAL MARKETS Added +1,164,075+1.2m
MORGAN STANLEY Added +1,033,819+1.0m
CITIGROUP INC Added +844,785+844.8k
Squarepoint Ops LLC Added +518,259+518.3k
WealthNavi Inc. Added +357,859+357.9k
CREDIT SUISSE AG/ Added +312,178+312.2k
Qube Research & Technologies Ltd New +246,497+246.5k
PATHSTONE FAMILY OFFICE, LLC New +225,058+225.1k
TWO SIGMA INVESTMENTS, LP Added +190,329+190.3k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -1,006,865-1.0m
Point72 Asset Management, L.P. Sold out -491,343-491.3k
Quantitative Investment Management, LLC Sold out -321,408-321.4k
TUDOR INVESTMENT CORP ET AL Sold out -251,288-251.3k
Veritable, L.P. Sold out -229,908-229.9k
Twin Tree Management, LP Reduced -184,907-184.9k
HSBC HOLDINGS PLC Reduced -160,150-160.2k
BANK OF MONTREAL /CAN/ Reduced -116,723-116.7k
Jump Financial, LLC Sold out -101,406-101.4k
WELLS FARGO & COMPANY/MN Reduced -80,167-80.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $124.1m1.6m shares
CITADEL ADVISORS LLC Added $90.4m1.2m shares
GOLDMAN SACHS GROUP INC New $68.1m871.4k shares
NAYA CAPITAL MANAGEMENT UK LTD New $57.4m735.0k shares
Waterfront Capital Partners, LLC New $31.3m400.0k shares
Parallax Volatility Advisers, L.P. Added $31.0m397.1k shares
Squarepoint Ops LLC New $20.2m258.7k shares
MARSHALL WACE, LLP Added $19.8m254.0k shares
Anson Funds Management LP New $19.0m243.4k shares
CAAS CAPITAL MANAGEMENT LP New $16.2m206.9k shares

Biggest puts

NAYA CAPITAL MANAGEMENT UK LTD New $136.4m1.7m shares
CITADEL ADVISORS LLC Reduced $102.0m1.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $84.0m1.1m shares
GOLDMAN SACHS GROUP INC Reduced $31.3m400.0k shares
WOLVERINE TRADING, LLC Added $30.6m392.2k shares
Parallax Volatility Advisers, L.P. Added $26.6m340.9k shares
BANK OF MONTREAL /CAN/ Reduced $25.2m297.6k shares
BANK OF AMERICA CORP /DE/ Reduced $23.5m300.5k shares
Paloma Partners Management Co Reduced $18.3m234.0k shares
MARSHALL WACE, LLP Added $17.2m220.4k 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 4,674,8054.7m $365.3m $365.3m 0.04% Added +1.0m +1,033,819
2 GOLDMAN SACHS GROUP INC 0.08% of their portfolio NEW YORK, NY 4,055,1954.1m $316.9m $316.9m 0.08% Added +2.7m +2,660,782
3 WealthNavi Inc. 4.88% of their portfolio Shinagawa-ku, TOKYO, M0 3,852,5403.9m $301.0m $301.0m 4.88% Added +357.9k +357,859
4 BNP PARIBAS FINANCIAL MARKETS 0.54% of their portfolio PARIS, I0 3,112,5923.1m $243.2m $243.2m 0.54% Added +1.2m +1,164,075
5 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,543,0902.5m $198.7m $198.7m 0.02% Reduced -1.0m -1,006,865
6 WOLVERINE TRADING, LLC 0.86% of their portfolio CHICAGO, IL 1,104,6571.1m $86.3m $86.3m 0.86% Reduced -12.7k -12,692
7 BlackRock Inc. 0.00% of their portfolio New York, NY 1,055,8581.1m $82.5m $82.5m 0.00% Reduced -6.1k -6,105
8 CITIGROUP INC 0.12% of their portfolio NEW YORK, NY 1,034,7691.0m $80.9m $80.9m 0.12% Added +844.8k +844,785
9 UBS Group AG 0.03% of their portfolio ZURICH, V8 788,761788.8k $61.6m $61.6m 0.03% Added +86.2k +86,224
10 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 703,832703.8k $55.0m $55.0m 0.02% Reduced -16.1k -16,105
11 Ilmarinen Mutual Pension Insurance Co 0.69% of their portfolio HELSINKI, H9 670,627670.6k $52.4m $52.4m 0.69% Added +185.0k +185,000
12 Squarepoint Ops LLC 0.25% of their portfolio NEW YORK, NY 651,685651.7k $50.9m $50.9m 0.25% Added +518.3k +518,259
13 STIFEL FINANCIAL CORP 0.07% of their portfolio ST. LOUIS, MO 648,020648.0k $50.6m $50.6m 0.07% Added +3.8k +3,760
14 CREDIT SUISSE AG/ 0.05% of their portfolio ZURICH, V8 567,740567.7k $44.4m $44.4m 0.05% Added +312.2k +312,178
15 US BANCORP \DE\ 0.07% of their portfolio MINNEAPOLIS, MN 530,418530.4k $41.4m $41.4m 0.07% Reduced -10.8k -10,790
16 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 513,265513.3k $40.1m $40.1m 0.01% Reduced -80.2k -80,167
17 SG Americas Securities, LLC 0.47% of their portfolio NEW YORK, NY 449,977450.0k $35.2m $35.2m 0.47% Added +87.8k +87,804
18 Money Design Co.,Ltd. 2.11% of their portfolio TOKYO, M0 444,514444.5k $34.7m $34.7m 2.11% Added +46.7k +46,742
19 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 435,619435.6k $34.0m $34.0m 0.03% Reduced -9.8k -9,778
20 TWO SIGMA INVESTMENTS, LP 0.09% of their portfolio NEW YORK, NY 397,739397.7k $31.1m $31.1m 0.09% Added +190.3k +190,329
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 359,011359.0k $28.1m $28.1m 0.00% Added +112.5k +112,485
22 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 332,064332.1k $25.9m $25.9m 0.02% Reduced -27.8k -27,800
23 CAPITAL FUND MANAGEMENT S.A. 0.35% of their portfolio PARIS, I0 331,078331.1k $25.9m $25.9m 0.35% Added +87.3k +87,300
24 Passaic Partners LLC 4.22% of their portfolio NEWARK, NJ 296,973297.0k $23.2m $23.2m 4.22% Reduced -35 -35
25 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 282,128282.1k $22.0m $22.0m 0.02% Added +2.9k +2,930
26 Qube Research & Technologies Ltd 0.06% of their portfolio LONDON, X0 246,497246.5k $19.3m $19.3m 0.06% New
27 FUKOKU MUTUAL LIFE INSURANCE Co 1.74% of their portfolio TOKYO, M0 243,000243.0k $19.0m $19.0m 1.74% Unchanged
28 Mariner, LLC 0.05% of their portfolio Overland Park, KS 227,142227.1k $17.7m $17.7m 0.05% Reduced -6.8k -6,846
29 PATHSTONE FAMILY OFFICE, LLC 0.14% of their portfolio ENGLEWOOD, NJ 225,058225.1k $17.6m $17.6m 0.14% New
30 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 214,505214.5k $18.2m $18.2m 0.01% Reduced -116.7k -116,723
31 Corient Private Wealth LP 0.04% of their portfolio MIAMI, FL 210,063210.1k $16.4m $16.4m 0.04% Reduced -17.5k -17,479
32 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 195,629195.6k $15.3m $15.3m 0.03% Added +25.1k +25,106
33 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 175,985176.0k $13.8m $13.8m 0.01% Added +26.0k +25,984
34 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 169,348169.3k $13.2m $13.2m 0.02% Added +84.3k +84,258
35 Twin Tree Management, LP 0.44% of their portfolio DALLAS, TX 169,072169.1k $13.2m $13.2m 0.44% Reduced -184.9k -184,907
36 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 164,972165.0k $12.9m $12.9m 0.02% Added +18.3k +18,270
37 Estate Counselors, LLC 1.63% of their portfolio Thiensville, WI 156,785156.8k $12.3m $12.3m 1.63% Reduced -2.1k -2,095
38 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 152,340152.3k $11.9m $11.9m 0.07% Added +5.5k +5,468
39 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 151,589151.6k $11.8m $11.8m 0.01% Added +7.1k +7,109
40 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 151,377151.4k $11.8m $11.8m 0.00% Reduced -55.1k -55,105
41 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 137,197137.2k $10.7m $10.7m 0.02% Added +132.6k +132,575
42 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 134,586134.6k $10.5m $10.5m 0.00% Reduced -12.0k -11,963
43 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 132,038132.0k $1.8m $1.8m 0.01% Added +109.5k +109,521
44 Gunma Bank,Ltd. 7.46% of their portfolio GUNMA, M0 131,000131.0k $10.2m $10.2m 7.46% Reduced -20.0k -20,000
45 Omega Financial Group, LLC 4.93% of their portfolio Santa Barbara, CA 129,043129.0k $10.1m $10.1m 4.93% Reduced -217 -217
46 Regis Management CO LLC 3.30% of their portfolio MENLO PARK, CA 123,541123.5k $9.7m $9.7m 3.30% Unchanged
47 Paloma Partners Management Co 2.00% of their portfolio GREENWICH, CT 123,403123.4k $9.6m $9.6m 2.00% Added +37.0k +36,987
48 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 123,125123.1k $9.6m $9.6m 0.02% Reduced -1.9k -1,948
49 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 121,885121.9k $9.5m $9.5m 0.02% Reduced -3.2k -3,201
50 INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 1.48% of their portfolio Fort Collins, CO 115,651115.7k $9.0m $9.0m 1.48% Added +2.8k +2,784
51 SPX Gestao de Recursos Ltda 0.47% of their portfolio RIO DE JANEIRO, D5 112,459112.5k $8.8m $8.8m 0.47% New
52 CAPSTONE INVESTMENT ADVISORS, LLC 0.23% of their portfolio NEW YORK, NY 110,460110.5k $8.6m $8.6m 0.23% Added +76.6k +76,643
53 Magnus Financial Group LLC 1.24% of their portfolio NEW YORK, NY 108,786108.8k $8.5m $8.5m 1.24% Added +5.6k +5,557
54 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 106,524106.5k $8.3m $8.3m 0.03% Added +9.4k +9,424
55 MIRABELLA FINANCIAL SERVICES LLP 1.12% of their portfolio London, X0 100,580100.6k $7.9m $7.9m 1.12% Added +85.6k +85,622
56 LAKE STREET ADVISORS GROUP, LLC 0.42% of their portfolio PORTSMOUTH, NH 90,04190.0k $7.0m $7.0m 0.42% Reduced -515 -515
57 MISSION WEALTH MANAGEMENT, LP 0.26% of their portfolio Santa Barbara, CA 88,94588.9k $7.0m $7.0m 0.26% Reduced -1.4k -1,403
58 FMR LLC 0.00% of their portfolio BOSTON, MA 88,01488.0k $6.9m $6.9m 0.00% Reduced -17.5k -17,454
59 SCS Capital Management LLC 0.18% of their portfolio BOSTON, MA 87,24787.2k $6.9m $6.9m 0.18% Unchanged
60 Hudson Bay Capital Management LP 0.03% of their portfolio STAMFORD, CT 85,00085.0k $6.6m $6.6m 0.03% New
61 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 83,51283.5k $6.5m $6.5m 0.01% Added +15.8k +15,766
62 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 78,70278.7k $6.2m $6.2m 0.01% Added +9.6k +9,594
63 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.18% of their portfolio TOKYO, M0 73,16473.2k $5.7m $5.7m 0.18% Added +11.8k +11,757
64 Washington Trust Bank 0.59% of their portfolio Spokane, WA 71,72771.7k $5.6m $5.6m 0.59% Added +24.1k +24,092
65 CHILTON CAPITAL MANAGEMENT LLC 0.31% of their portfolio HOUSTON, TX 70,38370.4k $5.5m $5.5m 0.31% Reduced -754 -754
66 GTS SECURITIES LLC 0.11% of their portfolio NEW YORK, NY 68,63668.6k $5.4m $5.4m 0.11% Added +59.1k +59,052
67 Cetera Advisor Networks LLC 0.03% of their portfolio EL SEGUNDO, CA 64,60864.6k $5.0m $5.0m 0.03% Added +3.7k +3,698
68 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 63,41463.4k $5.0m $5.0m 0.01% Added +4.7k +4,677
69 Verition Fund Management LLC 0.06% of their portfolio GREENWICH, CT 61,87661.9k $4.8m $4.8m 0.06% New
70 Tower Research Capital LLC (TRC) 0.15% of their portfolio NEW YORK, NY 60,68160.7k $4.7m $4.7m 0.15% Added +55.6k +55,581
71 ARKANSAS FINANCIAL GROUP, INC. 0.93% of their portfolio LITTLE ROCK, AR 58,21858.2k $4.5m $4.5m 0.93% Added +2.0k +1,976
72 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 57,64457.6k $4.5m $4.5m 0.02% Reduced -4.5k -4,533
73 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 56,48456.5k $4.4m $4.4m 0.02% Added +33.9k +33,872
74 Matthew Goff Investment Advisor, LLC 1.06% of their portfolio HOUSTON, TX 56,19156.2k $4.4m $4.4m 1.06% Added +444 +444
75 Geneos Wealth Management Inc. 0.23% of their portfolio ENGLEWOOD, CO 56,05856.1k $4.4m $4.4m 0.23% Added +1.1k +1,147
76 AE Wealth Management LLC 0.03% of their portfolio TOPEKA, KS 53,55253.6k $4.2m $4.2m 0.03% Reduced -7.6k -7,593
77 STEPHENS INC /AR/ 0.08% of their portfolio LITTLE ROCK, AR 53,44653.4k $4.2m $4.2m 0.08% Reduced -6.5k -6,454
78 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 53,21353.2k $4.2m $4.2m 0.01% Added +4.4k +4,417
79 Whitegate Investment Counselors, Inc. 1.38% of their portfolio CONCORD, NH 52,56152.6k $4.1m $4.1m 1.38% Added +335 +335
80 COURIER CAPITAL LLC 0.33% of their portfolio BUFFALO, NY 51,44251.4k $4.0m $4.0m 0.33% Reduced -279 -279
81 Virtu Financial LLC 0.40% of their portfolio New York, NY 51,23351.2k $4.0m $4.0m 0.40% Added +34.7k +34,725
82 J.P. Morgan Private Wealth Advisors LLC 0.01% of their portfolio SAN FRANCISCO, CA 49,87449.9k $3.9m $3.9m 0.01% Added +13.6k +13,555
83 First Citizens Financial Corp 2.73% of their portfolio MASON CITY, IA 49,65849.7k $3.9m $3.9m 2.73% Reduced -5.7k -5,671
84 Anson Funds Management LP 1.11% of their portfolio DALLAS, TX 47,61947.6k $3.7m $3.7m 1.11% New
85 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 45,02445.0k $3.5m $3.5m 0.01% Reduced -779 -779
86 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 44,45344.5k $3.5m $3.5m 0.00% Reduced -160.2k -160,150
87 OLD MISSION CAPITAL LLC 0.11% of their portfolio CHICAGO, IL 43,59543.6k $3.4m $3.4m 0.11% New
88 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 42,12442.1k $3.3m $3.3m 0.01% Reduced -2.6k -2,633
89 GARDA CAPITAL PARTNERS LP 2.07% of their portfolio WAYZATA, MN 41,75841.8k $3.3m $3.3m 2.07% Added +19.9k +19,928
90 Allegheny Financial Group 1.18% of their portfolio Pittsburgh, PA 40,41240.4k $3.2m $3.2m 1.18% Added +12.6k +12,639
91 Modus Advisors, LLC 1.34% of their portfolio EXCELSIOR, MN 39,19639.2k $3.1m $3.1m 1.34% Added +1.1k +1,080
92 Crestone Asset Management LLC 0.73% of their portfolio BOULDER, CO 39,16239.2k $3.1m $3.1m 0.73% Reduced -17.2k -17,154
93 Guidance Point Advisors, LLC 1.24% of their portfolio Wellesley, MA 39,02939.0k $3.0m $3.0m 1.24% Reduced -3.8k -3,822
94 J. Goldman & Co LP 0.15% of their portfolio NEW YORK, NY 37,74537.7k $2.9m $2.9m 0.15% Reduced -12.2k -12,218
95 Running Point Capital Advisors, LLC 1.71% of their portfolio EL SEGUNDO, CA 37,71437.7k $2.9m $2.9m 1.71% Added +1.1k +1,073
96 Rodgers & Associates, LTD 0.44% of their portfolio Lancaster, PA 37,48237.5k $2.9m $2.9m 0.44% Added +439 +439
97 Pictet North America Advisors SA 0.42% of their portfolio GENEVA 73, V8 37,43437.4k $2.9m $2.9m 0.42% Unchanged
98 REBALANCE, LLC 0.28% of their portfolio PALO ALTO, CA 36,74536.7k $2.9m $2.9m 0.28% Added +1.1k +1,139
99 SHEETS SMITH WEALTH MANAGEMENT 0.43% of their portfolio WINSTON-SALEM, NC 36,00036.0k $2.8m $2.8m 0.43% Unchanged
100 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 35,69235.7k $2.8m $2.8m 0.00% Reduced -505 -505