Vault-13

ISHARES TR IYR

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

518 institutional holders +55 vs Q3 2023
58,497,46858.5m shares reported held*
$5.3bnreported value*
81 new 135 added 156 reduced 47 sold out net bought ≈ $1.7bn (+19.0m 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 ($117.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $91.30. Options: 32 managers hold calls ($956.5m notional), 35 hold puts ($1.2bn).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 500Q4 22: 514Q1 23: 497Q2 23: 483Q3 23: 463Q4 23: 518518Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022500
Q4 2022514
Q1 2023497
Q2 2023483
Q3 2023463
Q4 2023518

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 23Q4 23: 216 bought or addedQ4 23: 203 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022221201
Q1 2023179237
Q2 2023163247
Q3 2023158226
Q4 2023216203

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bnQ1 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 0.99Q4 23 calls: $956.5mQ4 23 puts: $1.2bnQ4 23P/C 1.25
Numbers
QuarterCallsPutsP/C
Q1 2023$627.2m$1.2bn1.96
Q2 2023$400.2m$708.8m1.77
Q3 2023$597.6m$594.1m0.99
Q4 2023$956.5m$1.2bn1.25

Biggest buyers

BARCLAYS PLC Added +12,034,865+12.0m
CIBC WORLD MARKETS CORP Added +4,644,778+4.6m
BANK OF MONTREAL /CAN/ Added +1,694,527+1.7m
SCHRODER INVESTMENT MANAGEMENT GROUP Added +1,160,912+1.2m
JPMORGAN CHASE & CO Added +875,535+875.5k
UBS Group AG Added +612,774+612.8k
BNP PARIBAS FINANCIAL MARKETS Added +592,655+592.7k
Balyasny Asset Management L.P. New +494,611+494.6k
CITADEL ADVISORS LLC Added +479,140+479.1k
Twin Tree Management, LP Added +430,551+430.6k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -2,004,736-2.0m
MORGAN STANLEY Reduced -903,515-903.5k
BANK OF AMERICA CORP /DE/ Reduced -861,911-861.9k
Squarepoint Ops LLC Sold out -651,685-651.7k
CITIGROUP INC Reduced -566,835-566.8k
TWO SIGMA INVESTMENTS, LP Sold out -397,739-397.7k
CREDIT SUISSE AG/ Reduced -393,684-393.7k
SG Americas Securities, LLC Reduced -279,738-279.7k
Ilmarinen Mutual Pension Insurance Co Reduced -177,500-177.5k
Estate Counselors, LLC Sold out -156,785-156.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $331.5m3.6m shares
CITADEL ADVISORS LLC Added $134.1m1.5m shares
Waterfront Capital Partners, LLC Added $73.1m800.0k shares
Schonfeld Strategic Advisors LLC New $54.8m600.0k shares
GOLDMAN SACHS GROUP INC Reduced $39.8m435.0k shares
Squarepoint Ops LLC Added $39.6m433.3k shares
WOLVERINE TRADING, LLC Added $32.2m352.3k shares
Parallax Volatility Advisers, L.P. Reduced $27.9m305.6k shares
ROYAL BANK OF CANADA Added $20.0m219.3k shares
CAPITAL FUND MANAGEMENT S.A. Added $19.4m212.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $296.4m3.2m shares
UBS Group AG Added $190.2m2.1m shares
CITADEL ADVISORS LLC Added $155.6m1.7m shares
One William Street Capital Management, L.P. New $91.4m1.0m shares
Schonfeld Strategic Advisors LLC New $69.9m765.0k shares
CAPITAL FUND MANAGEMENT S.A. Added $46.7m511.3k shares
BARCLAYS PLC New $33.4m365.0k shares
NOMURA HOLDINGS INC New $22.9m250.0k shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC New $21.9m240.0k shares
Centiva Capital, LP New $19.9m217.8k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BARCLAYS PLC 0.58% of their portfolio LONDON, X0 12,366,92912.4m $1.1bn $1.1bn 0.58% Added +12.0m +12,034,865
2 CIBC WORLD MARKETS CORP 2.32% of their portfolio NEW YORK, NY 4,648,2784.6m $424.9m $424.9m 2.32% Added +4.6m +4,644,778
3 WealthNavi Inc. 5.18% of their portfolio Shinagawa-ku, TOKYO, M0 3,910,0493.9m $357.4m $357.4m 5.18% Added +57.5k +57,509
4 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 3,771,2903.8m $344.7m $344.7m 0.02% Reduced -903.5k -903,515
5 BNP PARIBAS FINANCIAL MARKETS 0.62% of their portfolio PARIS, I0 3,705,2473.7m $338.7m $338.7m 0.62% Added +592.7k +592,655
6 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 2,050,4592.1m $187.4m $187.4m 0.04% Reduced -2.0m -2,004,736
7 BANK OF MONTREAL /CAN/ 0.06% of their portfolio TORONTO, A6 1,909,0321.9m $176.5m $176.5m 0.06% Added +1.7m +1,694,527
8 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 1,681,1791.7m $153.7m $153.7m 0.02% Reduced -861.9k -861,911
9 UBS Group AG 0.05% of their portfolio ZURICH, V8 1,401,5351.4m $128.1m $128.1m 0.05% Added +612.8k +612,774
10 WOLVERINE TRADING, LLC 0.91% of their portfolio CHICAGO, IL 1,309,3681.3m $119.7m $119.7m 0.91% Added +204.7k +204,711
11 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,234,5461.2m $112.9m $112.9m 0.01% Added +875.5k +875,535
12 SCHRODER INVESTMENT MANAGEMENT GROUP 0.15% of their portfolio London, X0 1,224,3261.2m $111.9m $111.9m 0.15% Added +1.2m +1,160,912
13 BlackRock Inc. 0.00% of their portfolio New York, NY 1,057,4581.1m $96.7m $96.7m 0.00% Added +1.6k +1,600
14 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 756,851756.9k $69.2m $69.2m 0.02% Added +53.0k +53,019
15 STIFEL FINANCIAL CORP 0.08% of their portfolio ST. LOUIS, MO 680,250680.2k $62.2m $62.2m 0.08% Added +32.2k +32,230
16 Twin Tree Management, LP 0.99% of their portfolio DALLAS, TX 599,623599.6k $54.8m $54.8m 0.99% Added +430.6k +430,551
17 CAPITAL FUND MANAGEMENT S.A. 0.64% of their portfolio PARIS, I0 553,971554.0k $50.6m $50.6m 0.64% Added +222.9k +222,893
18 CITADEL ADVISORS LLC 0.05% of their portfolio MIAMI, FL 513,420513.4k $46.9m $46.9m 0.05% Added +479.1k +479,140
19 US BANCORP \DE\ 0.07% of their portfolio MINNEAPOLIS, MN 507,742507.7k $46.4m $46.4m 0.07% Reduced -22.7k -22,676
20 Balyasny Asset Management L.P. 0.13% of their portfolio Chicago, IL 494,611494.6k $45.2m $45.2m 0.13% New
21 Ilmarinen Mutual Pension Insurance Co 0.61% of their portfolio HELSINKI, H9 493,127493.1k $45.1m $45.1m 0.61% Reduced -177.5k -177,500
22 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 476,538476.5k $43.6m $43.6m 0.01% Reduced -36.7k -36,727
23 CITIGROUP INC 0.06% of their portfolio NEW YORK, NY 467,934467.9k $42.8m $42.8m 0.06% Reduced -566.8k -566,835
24 CAPSTONE INVESTMENT ADVISORS, LLC 0.72% of their portfolio NEW YORK, NY 455,741455.7k $41.7m $41.7m 0.72% Added +345.3k +345,281
25 Money Design Co.,Ltd. 2.29% of their portfolio TOKYO, M0 444,553444.6k $40.6m $40.6m 2.29% Added +39 +39
26 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 430,832430.8k $39.4m $39.4m 0.03% Reduced -4.8k -4,787
27 PGIM Custom Harvest LLC 1.04% of their portfolio NEWARK, NJ 383,353383.4k $35.0m $35.0m 1.04% Added +356.6k +356,643
28 Corient Private Wealth LP 0.06% of their portfolio MIAMI, FL 382,339382.3k $34.9m $34.9m 0.06% Added +172.3k +172,276
29 CONNABLE OFFICE INC 3.76% of their portfolio KALAMAZOO, MI 339,656339.7k $31.0m $31.0m 3.76% New
30 TORONTO DOMINION BANK 0.04% of their portfolio TORONTO, ONTARIO, A6 336,300336.3k $30.7m $30.7m 0.04% New
31 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 280,791280.8k $25.7m $25.7m 0.02% Reduced -1.3k -1,337
32 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio BALA CYNWYD, PA 262,868262.9k $24.0m $24.0m 0.04% Added +93.5k +93,520
33 Qube Research & Technologies Ltd 0.05% of their portfolio LONDON, X0 246,197246.2k $22.5m $22.5m 0.05% Reduced -300 -300
34 FUKOKU MUTUAL LIFE INSURANCE Co 1.84% of their portfolio TOKYO, M0 243,000243.0k $22.2m $22.2m 1.84% Unchanged
35 Washington Trust Bank 1.92% of their portfolio Spokane, WA 237,470237.5k $21.7m $21.7m 1.92% Added +165.7k +165,743
36 Mariner, LLC 0.05% of their portfolio Overland Park, KS 234,204234.2k $21.4m $21.4m 0.05% Added +7.1k +7,062
37 Pathstone Holdings, LLC 0.11% of their portfolio ENGLEWOOD, NJ 222,792222.8k $20.4m $20.4m 0.11% First filing
38 Passaic Partners LLC 3.08% of their portfolio NEWARK, NJ 199,122199.1k $18.2m $18.2m 3.08% Reduced -97.9k -97,851
39 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 176,154176.2k $16.1m $16.1m 0.02% Added +11.2k +11,182
40 SCS Capital Management LLC 0.18% of their portfolio BOSTON, MA 174,494174.5k $16.0m $16.0m 0.18% Added +87.2k +87,247
41 CREDIT SUISSE AG/ 0.02% of their portfolio ZURICH, V8 174,056174.1k $15.9m $15.9m 0.02% Reduced -393.7k -393,684
42 SG Americas Securities, LLC 0.17% of their portfolio NEW YORK, NY 170,239170.2k $15.6m $15.6m 0.17% Reduced -279.7k -279,738
43 Aspect Partners, LLC 9.89% of their portfolio FAIRFAX, VA 167,841167.8k $15.3m $15.3m 9.89% First filing
44 1832 Asset Management L.P. 0.03% of their portfolio TORONTO, A6 161,763161.8k $14.8m $14.8m 0.03% Added +148.7k +148,736
45 Sand Hill Global Advisors, LLC 0.70% of their portfolio Palo Alto, CA 159,931159.9k $14.6m $14.6m 0.70% Added +149.5k +149,519
46 Omega Financial Group, LLC 5.42% of their portfolio Santa Barbara, CA 138,638138.6k $12.7m $12.7m 5.42% Added +9.6k +9,595
47 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 131,667131.7k $2.0m $2.0m 0.01% Reduced -371 -371
48 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 131,126131.1k $12.0m $12.0m 0.00% Reduced -3.5k -3,460
49 Regis Management CO LLC 3.72% of their portfolio MENLO PARK, CA 123,582123.6k $11.3m $11.3m 3.72% Added +41 +41
50 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 114,026114.0k $10.4m $10.4m 0.02% Reduced -9.1k -9,099
51 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 112,629112.6k $10.3m $10.3m 0.02% Reduced -9.3k -9,256
52 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 110,902110.9k $10.1m $10.1m 0.05% Reduced -41.4k -41,438
53 Magnus Financial Group LLC 1.32% of their portfolio NEW YORK, NY 110,118110.1k $10.1m $10.1m 1.32% Added +1.3k +1,332
54 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 109,790109.8k $10.0m $10.0m 0.00% Reduced -41.6k -41,587
55 IFP Advisors, Inc 0.47% of their portfolio TAMPA, FL 109,055109.1k $10.0m $10.0m 0.47% Added +106.0k +106,048
56 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 108,347108.3k $9.9m $9.9m 0.03% Added +1.8k +1,823
57 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 107,426107.4k $9.8m $9.8m 0.01% Reduced -29.8k -29,771
58 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 105,931105.9k $9.7m $9.7m 0.01% Reduced -45.7k -45,658
59 SUMMIT SECURITIES GROUP LLC 3.87% of their portfolio NEW YORK, NY 105,200105.2k $9.6m $9.6m 3.87% New
60 Maven Securities LTD 1.09% of their portfolio ST HELIER, Y9 104,233104.2k $9.5m $9.5m 1.09% Added +75.8k +75,807
61 LAKE STREET ADVISORS GROUP, LLC 0.42% of their portfolio PORTSMOUTH, NH 90,56790.6k $8.3m $8.3m 0.42% Added +526 +526
62 Hazelview Securities Inc. 1.37% of their portfolio TORONTO, A6 87,70087.7k $7.6m $7.6m 1.37% Added +75.8k +75,800
63 MISSION WEALTH MANAGEMENT, LP 0.26% of their portfolio Santa Barbara, CA 87,62687.6k $8.0m $8.0m 0.26% Reduced -1.3k -1,319
64 BAILARD, INC. 0.23% of their portfolio Foster City, CA 85,52385.5k $7.8m $7.8m 0.23% Added +71.9k +71,936
65 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.24% of their portfolio TOKYO, M0 83,24983.2k $7.6m $7.6m 0.24% Added +10.1k +10,085
66 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 79,43979.4k $7.3m $7.3m 0.02% Added +37.3k +37,315
67 Cetera Advisor Networks LLC 0.04% of their portfolio EL SEGUNDO, CA 76,05276.1k $7.0m $7.0m 0.04% Added +11.4k +11,444
68 CHILTON CAPITAL MANAGEMENT LLC 0.32% of their portfolio HOUSTON, TX 69,15869.2k $6.3m $6.3m 0.32% Reduced -1.2k -1,225
69 GARDA CAPITAL PARTNERS LP 3.08% of their portfolio WAYZATA, MN 66,24066.2k $6.1m $6.1m 3.08% Added +24.5k +24,482
70 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 62,09062.1k $5.7m $5.7m 0.02% Added +4.4k +4,446
71 REBALANCE, LLC 0.49% of their portfolio PALO ALTO, CA 61,95862.0k $5.7m $5.7m 0.49% Added +25.2k +25,213
72 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 61,25861.3k $5.6m $5.6m 0.01% Reduced -22.3k -22,254
73 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 60,86860.9k $5.5m $5.5m 0.01% Reduced -17.8k -17,834
74 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 60,66760.7k $5.5m $5.5m 0.01% Added +7.5k +7,454
75 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 59,33759.3k $5.4m $5.4m 0.01% Reduced -116.6k -116,648
76 ARKANSAS FINANCIAL GROUP, INC. 1.00% of their portfolio LITTLE ROCK, AR 59,01159.0k $5.4m $5.4m 1.00% Added +793 +793
77 Geneos Wealth Management Inc. 0.25% of their portfolio ENGLEWOOD, CO 56,33956.3k $5.1m $5.1m 0.25% Added +281 +281
78 Regis Acquisition Inc. 1.97% of their portfolio DENVER, CO 56,18956.2k $5.1m $5.1m 1.97% Added +33.4k +33,377
79 Matthew Goff Investment Advisor, LLC 1.13% of their portfolio HOUSTON, TX 55,51255.5k $5.1m $5.1m 1.13% Reduced -679 -679
80 Running Point Capital Advisors, LLC 2.43% of their portfolio EL SEGUNDO, CA 54,53454.5k $5.0m $5.0m 2.43% Added +16.8k +16,820
81 Caption Management, LLC 0.52% of their portfolio OKLAHOMA CITY, OK 52,00052.0k $4.8m $4.8m 0.52% New
82 COURIER CAPITAL LLC 0.36% of their portfolio BUFFALO, NY 51,59551.6k $4.7m $4.7m 0.36% Added +153 +153
83 INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.77% of their portfolio Fort Collins, CO 51,36451.4k $4.7m $4.7m 0.77% Reduced -64.3k -64,287
84 Jump Financial, LLC 0.15% of their portfolio Chicago, IL 50,61050.6k $4.6m $4.6m 0.15% New
85 Whitegate Investment Counselors, Inc. 1.38% of their portfolio CONCORD, NH 49,67749.7k $4.5m $4.5m 1.38% Reduced -2.9k -2,884
86 Glenview Trust Co 0.11% of their portfolio Louisville, KY 49,20249.2k $4.5m $4.5m 0.11% Added +29.0k +28,965
87 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 45,51245.5k $4.2m $4.2m 0.01% Added +488 +488
88 Ocean Park Asset Management, LLC 0.20% of their portfolio SANTA MONICA, CA 45,51145.5k $4.2m $4.2m 0.20% New
89 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 43,50643.5k $4.0m $4.0m 0.01% Reduced -152.1k -152,123
90 STEPHENS INC /AR/ 0.07% of their portfolio LITTLE ROCK, AR 43,30643.3k $4.0m $4.0m 0.07% Reduced -10.1k -10,140
91 STEVENS CAPITAL MANAGEMENT LP 0.96% of their portfolio RADNOR, PA 42,20042.2k $3.9m $3.9m 0.96% New
92 FLOW TRADERS U.S. LLC 0.11% of their portfolio NEW YORK, NY 40,99141.0k $3.7m $3.7m 0.11% New
93 Asset Management One Co., Ltd. 0.02% of their portfolio TOKYO, M0 40,86040.9k $3.8m $3.8m 0.02% New
94 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 40,00040.0k $3.7m $3.7m 0.01% New
95 Allegheny Financial Group 1.17% of their portfolio Pittsburgh, PA 39,94439.9k $3.7m $3.7m 1.17% Reduced -468 -468
96 First Citizens Financial Corp 2.32% of their portfolio MASON CITY, IA 39,43739.4k $3.6m $3.6m 2.32% Reduced -10.2k -10,221
97 Rodgers & Associates, LTD 0.49% of their portfolio Lancaster, PA 39,34639.3k $3.6m $3.6m 0.49% Added +1.9k +1,864
98 CarsonAllaria Wealth Management, Ltd. 2.56% of their portfolio GLEN CARBON, IL 39,14539.1k $3.6m $3.6m 2.56% Added +3.9k +3,878
99 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 38,62438.6k $3.5m $3.5m 0.01% Added +6.7k +6,709
100 HRT FINANCIAL LP 0.03% of their portfolio NEW YORK, NY 37,85837.9k $3.5m $3.5m 0.03% Added +28.8k +28,846