Vault-13

ISHARES TR IYR

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

517 institutional holders +14 vs Q3 2024
58,466,59258.5m shares reported held*
$5.4bnreported value*
59 new 165 added 152 reduced 62 sold out net bought ≈ $12.0m (+79.4k 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 ($1.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $93.12. Options: 21 managers hold calls ($851.2m notional), 29 hold puts ($1.0bn).

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 500Q4 22: 514Q1 23: 497Q2 23: 483Q3 23: 463Q4 23: 518Q1 24: 472Q2 24: 466Q3 24: 503Q4 24: 517517Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022500
Q4 2022514
Q1 2023497
Q2 2023483
Q3 2023463
Q4 2023518
Q1 2024472
Q2 2024466
Q3 2024503
Q4 2024517

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 23: 179 bought or addedQ1 23: 237 cut or sold outQ2 23: 163 bought or addedQ2 23: 247 cut or sold outQ2 23Q3 23: 158 bought or addedQ3 23: 226 cut or sold outQ4 23: 216 bought or addedQ4 23: 203 cut or sold outQ4 23Q1 24: 193 bought or addedQ1 24: 242 cut or sold outQ2 24: 185 bought or addedQ2 24: 219 cut or sold outQ2 24Q3 24: 230 bought or addedQ3 24: 183 cut or sold outQ4 24: 224 bought or addedQ4 24: 214 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023179237
Q2 2023163247
Q3 2023158226
Q4 2023216203
Q1 2024193242
Q2 2024185219
Q3 2024230183
Q4 2024224214

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bnQ1 24 calls: $641.7mQ1 24 puts: $589.8mQ1 24P/C 0.92Q2 24 calls: $619.4mQ2 24 puts: $512.0mQ2 24P/C 0.83Q3 24 calls: $1.2bnQ3 24 puts: $1.3bnQ3 24P/C 1.11Q4 24 calls: $851.2mQ4 24 puts: $1.0bnQ4 24P/C 1.22
Numbers
QuarterCallsPutsP/C
Q1 2024$641.7m$589.8m0.92
Q2 2024$619.4m$512.0m0.83
Q3 2024$1.2bn$1.3bn1.11
Q4 2024$851.2m$1.0bn1.22

Biggest buyers

GOLDMAN SACHS GROUP INC Added +1,134,766+1.1m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND New +950,000+950.0k
USA FINANCIAL FORMULAS New +801,813+801.8k
BANK OF AMERICA CORP /DE/ Added +723,153+723.2k
Modern Wealth Management, LLC Added +677,715+677.7k
Squarepoint Ops LLC Added +661,268+661.3k
ROYAL BANK OF CANADA Added +552,868+552.9k
BANK OF NOVA SCOTIA New +500,000+500.0k
Nuveen Asset Management, LLC New +419,700+419.7k
CIBC WORLD MARKETS CORP Added +382,943+382.9k

Biggest sellers

MORGAN STANLEY Reduced -2,626,749-2.6m
BARCLAYS PLC Reduced -2,031,847-2.0m
UBS Group AG Reduced -643,593-643.6k
CITADEL ADVISORS LLC Reduced -632,316-632.3k
BNP PARIBAS FINANCIAL MARKETS Reduced -622,539-622.5k
Twin Tree Management, LP Sold out -567,357-567.4k
CAPITAL FUND MANAGEMENT S.A. Sold out -400,596-400.6k
JPMORGAN CHASE & CO Reduced -258,620-258.6k
Ocean Park Asset Management, LLC Sold out -218,843-218.8k
BlackRock, Inc. Reduced -210,378-210.4k

Biggest calls

JANE STREET GROUP, LLC Reduced $211.1m2.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $154.9m1.7m shares
Twin Tree Management, LP Added $112.8m1.2m shares
CITADEL ADVISORS LLC Added $108.5m1.2m shares
UBS Group AG Added $92.9m998.5k shares
BNP PARIBAS FINANCIAL MARKETS Added $36.0m3.9k shares
Conversant Capital LLC New $27.9m300.0k shares
Squarepoint Ops LLC Reduced $22.7m244.2k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $22.2m238.2k shares
NOMURA HOLDINGS INC New $13.0m139.3k shares

Biggest puts

UBS Group AG Added $194.0m2.1m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $161.2m1.7m shares
One William Street Capital Management, L.P. Reduced $93.1m1.0m shares
CITADEL ADVISORS LLC Reduced $77.9m837.4k shares
JANE STREET GROUP, LLC Reduced $76.4m820.9k shares
NOMURA HOLDINGS INC New $65.1m700.0k shares
ROYAL BANK OF CANADA New $46.5m500.0k shares
Conversant Capital LLC Unchanged $46.5m500.0k shares
Squarepoint Ops LLC Reduced $37.4m401.4k shares
CAPITAL FUND MANAGEMENT S.A. Added $32.8m352.7k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BARCLAYS PLC 0.37% of their portfolio LONDON, X0 7,963,5598.0m $741.1m $741.1m 0.37% Reduced -2.0m -2,031,847
2 GOLDMAN SACHS GROUP INC 0.12% of their portfolio NEW YORK, NY 6,468,9186.5m $602.0m $602.0m 0.12% Added +1.1m +1,134,766
3 WealthNavi Inc. 4.82% of their portfolio Shinagawa-ku, TOKYO, M0 4,456,0044.5m $414.7m $414.7m 4.82% Added +68.0k +68,048
4 CIBC WORLD MARKETS CORP 2.20% of their portfolio NEW YORK, NY 4,012,6464.0m $373.4m $373.4m 2.20% Added +382.9k +382,943
5 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 3,915,1433.9m $364.3m $364.3m 0.03% Added +723.2k +723,153
6 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 3,312,1783.3m $308.2m $308.2m 0.02% Reduced -2.6m -2,626,749
7 BNP PARIBAS FINANCIAL MARKETS 0.14% of their portfolio PARIS, I0 1,960,8202.0m $182.5m $182.5m 0.14% Reduced -622.5k -622,539
8 UBS Group AG 0.04% of their portfolio ZURICH, V8 1,885,8431.9m $175.5m $175.5m 0.04% Reduced -643.6k -643,593
9 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,126,7851.1m $104.9m $104.9m 0.02% Added +552.9k +552,868
10 WOLVERINE TRADING, LLC 2.19% of their portfolio CHICAGO, IL 1,056,8431.1m $97.5m $97.5m 2.19% Reduced -105.9k -105,869
11 Ilmarinen Mutual Pension Insurance Co 0.76% of their portfolio HELSINKI, H9 957,177957.2k $89.1m $89.1m 0.76% Added +282.1k +282,050
12 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.19% of their portfolio TORONTO, A6 950,000950.0k $88.4m $88.4m 0.19% New
13 Squarepoint Ops LLC 0.22% of their portfolio NEW YORK, NY 906,705906.7k $84.4m $84.4m 0.22% Added +661.3k +661,268
14 USA FINANCIAL FORMULAS 11.72% of their portfolio ADA, MI 801,813801.8k $74.6m $74.6m 11.72% New
15 STIFEL FINANCIAL CORP 0.08% of their portfolio ST. LOUIS, MO 780,684780.7k $72.7m $72.7m 0.08% Added +113.0k +112,991
16 Modern Wealth Management, LLC 2.45% of their portfolio KANSAS CITY, MO 704,240704.2k $65.5m $65.5m 2.45% Added +677.7k +677,715
17 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 678,040678.0k $63.1m $63.1m 0.02% Added +189.5k +189,483
18 BlackRock, Inc. 0.00% of their portfolio New York, NY 665,369665.4k $61.9m $61.9m 0.00% Reduced -210.4k -210,378
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 568,030568.0k $52.9m $52.9m 0.00% Reduced -258.6k -258,620
20 Money Design Co.,Ltd. 2.49% of their portfolio TOKYO, M0 525,048525.0k $48.5m $48.5m 2.49% Added +34.5k +34,505
21 BANK OF NOVA SCOTIA 0.08% of their portfolio TORONTO, A6 500,000500.0k $46.5m $46.5m 0.08% New
22 US BANCORP \DE\ 0.06% of their portfolio MINNEAPOLIS, MN 457,506457.5k $42.6m $42.6m 0.06% Reduced -14.1k -14,073
23 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 449,928449.9k $41.9m $41.9m 0.01% Added +207.7k +207,727
24 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 442,770442.8k $41.2m $41.2m 0.02% Added +40.0k +40,044
25 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 431,632431.6k $40.0m $40.0m 0.02% Added +278.8k +278,816
26 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 419,700419.7k $39.1m $39.1m 0.01% New
27 CONNABLE OFFICE INC 3.96% of their portfolio KALAMAZOO, MI 411,457411.5k $38.3m $38.3m 3.96% Added +7.1k +7,064
28 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 402,191402.2k $37.4m $37.4m 0.03% Reduced -3.9k -3,879
29 PGIM Custom Harvest LLC 0.72% of their portfolio NEWARK, NJ 396,551396.6k $36.9m $36.9m 0.72% Added +4.4k +4,427
30 PINKERTON WEALTH, LLC 5.00% of their portfolio COEUR D ALENE, ID 370,278370.3k $34.5m $34.5m 5.00% Added +133.7k +133,717
31 Apollon Wealth Management, LLC 0.72% of their portfolio MOUNT PLEASANT, SC 335,026335.0k $31.2m $31.2m 0.72% Added +161.3k +161,265
32 Quadrature Capital Ltd 0.56% of their portfolio LONDON, X0 299,549299.5k $27.9m $27.9m 0.56% New
33 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 251,049251.0k $23.4m $23.4m 0.02% Reduced -167.5k -167,535
34 Pathstone Holdings, LLC 0.10% of their portfolio ENGLEWOOD, NJ 246,342246.3k $22.9m $22.9m 0.10% Added +87 +87
35 FUKOKU MUTUAL LIFE INSURANCE Co 1.63% of their portfolio TOKYO, M0 243,000243.0k $22.6m $22.6m 1.63% Unchanged
36 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 238,878238.9k $22.2m $22.2m 0.01% First filing
37 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 224,626224.6k $20.9m $20.9m 0.02% Added +4.3k +4,291
38 Mariner, LLC 0.03% of their portfolio Overland Park, KS 197,131197.1k $18.3m $18.3m 0.03% Added +2.4k +2,365
39 MERCER GLOBAL ADVISORS INC /ADV 0.04% of their portfolio DENVER, CO 193,495193.5k $18.0m $18.0m 0.04% Added +179.2k +179,244
40 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 189,999190.0k $17.7m $17.7m 0.04% Added +151.9k +151,908
41 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 185,623185.6k $17.3m $17.3m 0.01% Added +13.1k +13,124
42 Passaic Partners LLC 2.42% of their portfolio NEWARK, NJ 178,751178.8k $16.6m $16.6m 2.42% Reduced -42.7k -42,682
43 Clear Creek Financial Management, LLC 1.56% of their portfolio SILVERDALE, WA 155,568155.6k $14.5m $14.5m 1.56% Added +137.4k +137,399
44 Sand Hill Global Advisors, LLC 0.60% of their portfolio Palo Alto, CA 153,288153.3k $14.3m $14.3m 0.60% Reduced -10.1k -10,054
45 Financial Advisory Corp 2.29% of their portfolio Grand Rapids, MI 141,065141.1k $13.1m $13.1m 2.29% First filing
46 Magnus Financial Group LLC 1.23% of their portfolio NEW YORK, NY 136,944136.9k $12.7m $12.7m 1.23% Added +7.6k +7,615
47 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 132,627132.6k $12.3m $12.3m 0.02% Reduced -155.1k -155,099
48 CIBC WORLD MARKET INC. 0.03% of their portfolio TORONTO, A6 124,618124.6k $11.6m $11.6m 0.03% Added +16.9k +16,891
49 Camarda Financial Advisors, LLC 4.31% of their portfolio FLEMING ISLAND, FL 123,224123.2k $11.5m $11.5m 4.31% Reduced -13.6k -13,635
50 Quantessence Capital LLC 4.59% of their portfolio NEW YORK, NY 120,124120.1k $11.2m $11.2m 4.59% First filing
51 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.15% of their portfolio TOKYO, M0 119,699119.7k $11.1m $11.1m 0.15% Added +20.1k +20,072
52 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 117,106117.1k $10.9m $10.9m 0.01% Added +7.9k +7,892
53 GTS SECURITIES LLC 0.52% of their portfolio NEW YORK, NY 114,650114.7k $10.7m $10.7m 0.52% Added +75.3k +75,316
54 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 113,878113.9k $10.6m $10.6m 0.03% Reduced -611 -611
55 Jacobi Capital Management LLC 0.70% of their portfolio PITTSTON, PA 100,452100.5k $9.3m $9.3m 0.70% Reduced -375 -375
56 True Freedom Investing, LLC 4.05% of their portfolio COEUR D'ALENE, ID 100,355100.4k $9.3m $9.3m 4.05% First filing
57 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 93,77493.8k $8.7m $8.7m 0.03% Reduced -2.5k -2,550
58 Aster Capital Management (DIFC) Ltd 3.29% of their portfolio DUBAI, C0 92,70792.7k $8.6m $8.6m 3.29% New
59 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 89,57789.6k $8.3m $8.3m 0.01% Added +62.6k +62,643
60 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 86,09386.1k $8.0m $8.0m 0.02% Added +29.8k +29,814
61 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 85,22085.2k $7.9m $7.9m 0.03% Added +28.1k +28,134
62 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 83,72083.7k $7.8m $7.8m 0.01% Reduced -632.3k -632,316
63 Ascension Capital Advisors, Inc. 3.38% of their portfolio Houston, TX 83,40583.4k $7.8m $7.8m 3.38% New
64 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 77,68277.7k $7.2m $7.2m 0.01% Reduced -195 -195
65 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 75,67275.7k $7.0m $7.0m 0.01% Added +22.3k +22,299
66 IFP Advisors, Inc 0.23% of their portfolio TAMPA, FL 74,53474.5k $6.9m $6.9m 0.23% Added +70.7k +70,746
67 MISSION WEALTH MANAGEMENT, LP 0.16% of their portfolio Santa Barbara, CA 73,60773.6k $6.8m $6.8m 0.16% Reduced -6.0k -5,973
68 AE Wealth Management LLC 0.06% of their portfolio TOPEKA, KS 72,98273.0k $6.8m $6.8m 0.06% New
69 BAILARD, INC. 0.17% of their portfolio Foster City, CA 72,35472.4k $6.7m $6.7m 0.17% Reduced -10.8k -10,819
70 TOWNSQUARE CAPITAL LLC 0.07% of their portfolio Lehi, UT 70,92870.9k $6.6m $6.6m 0.07% Reduced -11.7k -11,747
71 NORDEN GROUP LLC 0.74% of their portfolio PROVO, UT 70,55570.6k $6.6m $6.6m 0.74% Reduced -12.1k -12,076
72 Moloney Securities Asset Management, LLC 0.87% of their portfolio MANCHESTER, MO 70,08270.1k $6.5m $6.5m 0.87% Reduced -7.4k -7,433
73 Matthew Goff Investment Advisor, LLC 1.21% of their portfolio HOUSTON, TX 70,00070.0k $6.5m $6.5m 1.21% Added +287 +287
74 Maven Securities LTD 1.01% of their portfolio ST HELIER, Y9 67,41667.4k $6.3m $6.3m 1.01% Reduced -12.4k -12,412
75 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 66,83766.8k $7.1m $7.1m 0.01% Added +40.9k +40,883
76 NorthCoast Asset Management LLC 0.03% of their portfolio STAMFORD, CT 66,07966.1k $6.2m $6.2m 0.03% Reduced -91.3k -91,293
77 REBALANCE, LLC 0.44% of their portfolio PALO ALTO, CA 63,65363.7k $5.9m $5.9m 0.44% Reduced -4.7k -4,736
78 TUDOR INVESTMENT CORP ET AL 0.06% of their portfolio STAMFORD, CT 60,12660.1k $5.6m $5.6m 0.06% Reduced -38.2k -38,218
79 Woodline Partners LP 0.04% of their portfolio San Francisco, CA 58,91858.9k $5.5m $5.5m 0.04% Added +17.8k +17,832
80 Running Point Capital Advisors, LLC 1.83% of their portfolio EL SEGUNDO, CA 57,43957.4k $5.3m $5.3m 1.83% Added +1.5k +1,541
81 UNIQUE WEALTH, LLC 1.11% of their portfolio TAMPA, FL 57,19257.2k $5.3m $5.3m 1.11% Added +19.7k +19,706
82 ARKANSAS FINANCIAL GROUP, INC. 0.83% of their portfolio LITTLE ROCK, AR 54,93854.9k $5.1m $5.1m 0.83% Added +140 +140
83 SOROS FUND MANAGEMENT LLC 0.09% of their portfolio NEW YORK, NY 54,40054.4k $5.1m $5.1m 0.09% New
84 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 54,34054.3k $5.1m $5.1m 0.01% Reduced -218 -218
85 Virtu Financial LLC 0.26% of their portfolio New York, NY 52,64952.6k $4.9m $4.9m 0.26% Reduced -37.6k -37,572
86 COURIER CAPITAL LLC 0.33% of their portfolio BUFFALO, NY 51,94551.9k $4.8m $4.8m 0.33% Added +254 +254
87 CENTAURUS FINANCIAL, INC. 0.29% of their portfolio ANAHEIM, CA 51,48051.5k $4.8m $4.8m 0.29% New
88 CarsonAllaria Wealth Management, Ltd. 2.73% of their portfolio GLEN CARBON, IL 51,27651.3k $4.8m $4.8m 2.73% Reduced -582 -582
89 Brookstone Capital Management 0.07% of their portfolio WHEATON, IL 50,76550.8k $4.7m $4.7m 0.07% New
90 CoreCap Advisors, LLC 0.21% of their portfolio SOUTHFIELD, MI 49,97250.0k $4.7m $4.7m 0.21% Added +18.4k +18,372
91 Lifeworks Advisors, LLC 0.82% of their portfolio GRAND RAPIDS, MI 48,89348.9k $4.5m $4.5m 0.82% Added +19.6k +19,628
92 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 47,21147.2k $4.4m $4.4m 0.01% Added +1.6k +1,600
93 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 46,78746.8k $4.4m $4.4m 0.01% Reduced -5.1k -5,058
94 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 44,87544.9k $4.2m $4.2m 0.00% New
95 SSI INVESTMENT MANAGEMENT LLC 0.30% of their portfolio Los Angeles, CA 43,59443.6k $4.1m $4.1m 0.30% Added +2.2k +2,203
96 J. Goldman & Co LP 0.14% of their portfolio NEW YORK, NY 43,58143.6k $4.1m $4.1m 0.14% Reduced -9.1k -9,137
97 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 42,70942.7k $4.0m $4.0m 0.00% Added +7.6k +7,620
98 FOX RUN MANAGEMENT, L.L.C. 0.72% of their portfolio GREENWICH, CT 42,70042.7k $4.0m $4.0m 0.72% Added +38.1k +38,100
99 Global Endowment Management, LP 0.50% of their portfolio CHARLOTTE, NC 41,88041.9k $3.9m $3.9m 0.50% Unchanged
100 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 41,54941.5k $3.9m $3.9m 0.01% New