Vault-13

ISHARES TR IYF

U.S. FINLS ETF · ETP · CUSIP 464287788

455 institutional holders -9 vs Q2 2025
21,998,01822.0m shares reported held*
$2.8bnreported value*
30 new 181 added 116 reduced 33 sold out net bought ≈ $211.0m (+1.7m 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. Holder counts are more reliable. Implied quarter-end price ≈ $126.66. Options: 3 managers hold calls ($2.3m notional), 2 hold puts ($5.6m).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 296Q4 22: 321Q1 23: 291Q2 23: 302Q3 23: 304Q4 23: 341Q1 24: 357Q2 24: 370Q3 24: 389Q4 24: 439Q1 25: 426Q2 25: 464Q3 25: 455455Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022296
Q4 2022321
Q1 2023291
Q2 2023302
Q3 2023304
Q4 2023341
Q1 2024357
Q2 2024370
Q3 2024389
Q4 2024439
Q1 2025426
Q2 2025464
Q3 2025455

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 23: 122 bought or addedQ4 23: 135 cut or sold outQ1 24: 142 bought or addedQ1 24: 136 cut or sold outQ1 24Q2 24: 149 bought or addedQ2 24: 128 cut or sold outQ3 24: 184 bought or addedQ3 24: 109 cut or sold outQ3 24Q4 24: 210 bought or addedQ4 24: 122 cut or sold outQ1 25: 201 bought or addedQ1 25: 161 cut or sold outQ1 25Q2 25: 201 bought or addedQ2 25: 153 cut or sold outQ3 25: 211 bought or addedQ3 25: 149 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023122135
Q1 2024142136
Q2 2024149128
Q3 2024184109
Q4 2024210122
Q1 2025201161
Q2 2025201153
Q3 2025211149

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ4 24 calls: $3.1mQ4 24 puts: $3.9mQ4 24P/C 1.25Q1 25 calls: $4.0mQ1 25 puts: $4.3mQ1 25P/C 1.08Q2 25 calls: $3.3mQ2 25 puts: $5.9mQ2 25P/C 1.77Q3 25 calls: $2.3mQ3 25 puts: $5.6mQ3 25P/C 2.42
Numbers
QuarterCallsPutsP/C
Q4 2024$3.1m$3.9m1.25
Q1 2025$4.0m$4.3m1.08
Q2 2025$3.3m$5.9m1.77
Q3 2025$2.3m$5.6m2.42

Biggest buyers

Phoenix Financial Ltd. Added +1,196,572+1.2m
BANK OF MONTREAL /CAN/ Added +649,026+649.0k
BlackRock, Inc. Added +471,794+471.8k
JPMORGAN CHASE & CO Added +398,381+398.4k
Steward Partners Investment Advisory, LLC Added +290,720+290.7k
Dynasty Wealth Management, LLC New +273,176+273.2k
BANK OF AMERICA CORP /DE/ Added +86,197+86.2k
Sanctuary Advisors, LLC Added +73,500+73.5k
Moloney Securities Asset Management, LLC Added +69,384+69.4k
Three Seasons Wealth, LLC New +69,315+69.3k

Biggest sellers

MANUFACTURERS LIFE INSURANCE COMPANY, THE Sold out -983,100-983.1k
HSBC HOLDINGS PLC Sold out -640,575-640.6k
ROYAL BANK OF CANADA Reduced -263,178-263.2k
SCHRODER INVESTMENT MANAGEMENT GROUP Sold out -143,300-143.3k
Horizon Wealth Management, LLC Sold out -110,892-110.9k
Fisher Asset Management, LLC Reduced -50,109-50.1k
GOLDMAN SACHS GROUP INC Reduced -41,602-41.6k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -36,875-36.9k
Prostatis Group LLC Reduced -36,420-36.4k
Kestra Advisory Services, LLC Reduced -29,746-29.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.6m12.9k shares
CITADEL ADVISORS LLC Reduced $367.3k2.9k shares
Cubist Systematic Strategies, LLC New $303.9k2.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.4m42.4k shares
CITADEL ADVISORS LLC Reduced $215.3k1.7k 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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Phoenix Financial Ltd. 1.93% of their portfolio Givatayim, L3 2,393,1442.4m $303.1m $303.1m 1.93% Added +1.2m +1,196,572
2 Fisher Asset Management, LLC 0.08% of their portfolio PLANO, TX 1,783,8571.8m $225.9m $225.9m 0.08% Reduced -50.1k -50,109
3 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 1,586,5191.6m $200.9m $200.9m 0.02% Added +86.2k +86,197
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,550,7781.6m $196.4m $196.4m 0.01% Added +33.5k +33,523
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 741,596741.6k $93.9m $93.9m 0.00% Added +398.4k +398,381
6 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 709,622709.6k $89.9m $89.9m 0.03% Added +14.6k +14,594
7 BANK OF MONTREAL /CAN/ 0.04% of their portfolio TORONTO, A6 699,898699.9k $88.6m $88.6m 0.04% Added +649.0k +649,026
8 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 665,112665.1k $84.2m $84.2m 0.06% Reduced -36.9k -36,875
9 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 652,343652.3k $82.6m $82.6m 0.01% Reduced -41.6k -41,602
10 PGIM Custom Harvest LLC 1.15% of their portfolio NEWARK, NJ 602,034602.0k $76.2m $76.2m 1.15% Added +6.4k +6,424
11 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 530,126530.1k $67.1m $67.1m 0.01% Added +47.8k +47,837
12 BlackRock, Inc. 0.00% of their portfolio New York, NY 473,939473.9k $60.0m $60.0m 0.00% Added +471.8k +471,794
13 UBS Group AG 0.01% of their portfolio ZURICH, V8 399,756399.8k $50.6m $50.6m 0.01% Added +10.2k +10,208
14 TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio NEW YORK, NY 360,700360.7k $45.7m $45.7m 0.07% Reduced -3.2k -3,200
15 Steward Partners Investment Advisory, LLC 0.23% of their portfolio STAMFORD, CT 317,026317.0k $40.1m $40.1m 0.23% Added +290.7k +290,720
16 PINKERTON WEALTH, LLC 4.08% of their portfolio COEUR D ALENE, ID 299,584299.6k $37.9m $37.9m 4.08% Added +16.5k +16,549
17 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 293,250293.2k $37.1m $37.1m 0.01% Reduced -263.2k -263,178
18 FMR LLC 0.00% of their portfolio BOSTON, MA 289,012289.0k $36.6m $36.6m 0.00% Reduced -4.5k -4,492
19 Dynasty Wealth Management, LLC 0.46% of their portfolio ST. PETERSBURG, FL 273,176273.2k $34.6m $34.6m 0.46% New
20 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 243,854243.9k $30.9m $30.9m 0.04% Reduced -2.8k -2,764
21 SAGESPRING WEALTH PARTNERS, LLC 0.59% of their portfolio FRANKLIN, TN 238,160238.2k $30.2m $30.2m 0.59% Added +16.9k +16,920
22 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 232,802232.8k $29.5m $29.5m 0.01% Added +38.3k +38,265
23 True Freedom Investing, LLC 9.17% of their portfolio COEUR D'ALENE, ID 202,895202.9k $25.7m $25.7m 9.17% Added +6.3k +6,339
24 Magnus Financial Group LLC 2.00% of their portfolio NEW YORK, NY 199,812199.8k $25.3m $25.3m 2.00% Added +2.3k +2,298
25 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 198,492198.5k $25.0m $25.0m 0.04% Added +7.8k +7,827
26 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 195,134195.1k $24.7m $24.7m 0.01% Reduced -2.6k -2,637
27 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 184,094184.1k $23.3m $23.3m 0.01% Reduced -718 -718
28 Sanctuary Advisors, LLC 0.06% of their portfolio INDIANAPOLIS, IN 170,207170.2k $20.6m $20.6m 0.06% Added +73.5k +73,500
29 SCOTIA CAPITAL INC. 0.09% of their portfolio TORONTO, A6 164,912164.9k $20.9m $20.9m 0.09% Added +896 +896
30 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 160,767160.8k $20.4m $20.4m 0.02% Reduced -1.3k -1,282
31 SPC Financial, Inc. 1.50% of their portfolio ROCKVILLE, MD 151,691151.7k $19.2m $19.2m 1.50% Reduced -968 -968
32 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 140,788140.8k $17.8m $17.8m 0.01% Added +13.5k +13,486
33 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 138,748138.7k $17.6m $17.6m 0.05% Added +20.6k +20,578
34 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 136,387136.4k $17.3m $17.3m 0.03% Added +24.0k +24,023
35 Kestra Advisory Services, LLC 0.08% of their portfolio AUSTIN, TX 136,068136.1k $17.2m $17.2m 0.08% Reduced -29.7k -29,746
36 MinichMacGregor Wealth Management, LLC 2.93% of their portfolio Saratoga Springs, NY 118,540118.5k $15.0m $15.0m 2.93% Added +3.5k +3,522
37 PATTEN & PATTEN INC/TN 0.87% of their portfolio CHATTANOOGA, TN 116,682116.7k $14.8m $14.8m 0.87% Reduced -790 -790
38 OneDigital Investment Advisors LLC 0.15% of their portfolio OVERLAND PARK, KS 115,596115.6k $14.6m $14.6m 0.15% Added +808 +808
39 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 112,850112.8k $14.3m $14.3m 0.01% Added +17.4k +17,369
40 XML Financial, LLC 1.15% of their portfolio BETHESDA, MD 111,852111.9k $14.2m $14.2m 1.15% Added +428 +428
41 Camarda Financial Advisors, LLC 5.02% of their portfolio FLEMING ISLAND, FL 107,545107.5k $13.6m $13.6m 5.02% Reduced -5.6k -5,593
42 Advisory Services Network, LLC 0.17% of their portfolio ATLANTA, GA 94,13494.1k $11.9m $11.9m 0.17% Added +3.1k +3,130
43 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.07% of their portfolio IRVING, TX 81,74581.7k $10.4m $10.4m 0.07% Reduced -335 -335
44 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 78,17578.2k $9.9m $9.9m 0.01% Added +11.6k +11,589
45 Moloney Securities Asset Management, LLC 1.11% of their portfolio MANCHESTER, MO 73,44673.4k $9.3m $9.3m 1.11% Added +69.4k +69,384
46 Finley Financial, LLC 4.11% of their portfolio LAS VEGAS, NV 70,22070.2k $8.9m $8.9m 4.11% Reduced -3.4k -3,405
47 Three Seasons Wealth, LLC 0.87% of their portfolio SALT LAKE CITY, UT 69,31569.3k $8.8m $8.8m 0.87% New
48 RPS ADVISORY SOLUTIONS LLC 4.22% of their portfolio LOUISVILLE, KY 67,91167.9k $8.6m $8.6m 4.22% New
49 Prasad Wealth Partners, LLC 2.28% of their portfolio INDEPENDENCE, OH 64,60264.6k $8.2m $8.2m 2.28% Reduced -3.4k -3,415
50 Stillwater Capital Advisors, LLC 0.85% of their portfolio DEVON, PA 59,95860.0k $7.6m $7.6m 0.85% Reduced -418 -418
51 WASHINGTON TRUST Co 0.25% of their portfolio WESTERLY, RI 59,75559.8k $7.6m $7.6m 0.25% Reduced -1.8k -1,757
52 First Citizens Financial Corp 3.51% of their portfolio MASON CITY, IA 55,99656.0k $7.1m $7.1m 3.51% Reduced -149 -149
53 Summit Financial Consulting LLC 5.51% of their portfolio STERLING HEIGHTS, MI 54,50654.5k $6.9m $6.9m 5.51% Added +1.1k +1,081
54 Equitable Holdings, Inc. 0.05% of their portfolio NEW YORK, NY 52,85952.9k $6.7m $6.7m 0.05% Added +1.5k +1,493
55 AE Wealth Management LLC 0.04% of their portfolio TOPEKA, KS 51,27351.3k $6.5m $6.5m 0.04% Added +9.4k +9,402
56 Zurich Insurance Group Ltd/FI 0.05% of their portfolio ZURICH, V8 50,25050.2k $6.3m $6.3m 0.05% Unchanged
57 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 50,04350.0k $6.3m $6.3m 0.03% Added +2.5k +2,474
58 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 44,92844.9k $5.7m $5.7m 0.01% Reduced -7.7k -7,705
59 Mariner, LLC 0.01% of their portfolio Overland Park, KS 44,56644.6k $5.6m $5.6m 0.01% Reduced -1.2k -1,197
60 Stratos Wealth Partners, LTD. 0.06% of their portfolio BEACHWOOD, OH 42,68942.7k $5.4m $5.4m 0.06% Added +15.0k +15,011
61 Eagle Strategies LLC 0.68% of their portfolio NEW YORK, NY 40,20040.2k $5.1m $5.1m 0.68% Added +442 +442
62 Ethos Financial Group, LLC 0.37% of their portfolio KING OF PRUSSIA, PA 37,42837.4k $4.7m $4.7m 0.37% Reduced -59 -59
63 SYNOVUS FINANCIAL CORP 0.05% of their portfolio Columbus, GA 36,48236.5k $4.6m $4.6m 0.05% Added +343 +343
64 HC Advisors, LLC 3.21% of their portfolio SANDY SPRINGS, GA 36,03236.0k $4.6m $4.6m 3.21% Reduced -1.4k -1,425
65 CoreCap Advisors, LLC 0.16% of their portfolio SOUTHFIELD, MI 35,51835.5k $4.5m $4.5m 0.16% Added +32.2k +32,228
66 PETTYJOHN, WOOD & WHITE, INC 0.72% of their portfolio LYNCHBURG, VA 34,51034.5k $4.4m $4.4m 0.72% Reduced -220 -220
67 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 34,09734.1k $4.3m $4.3m 0.02% Reduced -13.1k -13,113
68 Gerber Kawasaki Wealth & Investment Management 0.15% of their portfolio SANTA MONICA, CA 33,86033.9k $4.3m $4.3m 0.15% Added +1.0k +1,015
69 Prospera Financial Services Inc 0.07% of their portfolio Dallas, TX 33,73533.7k $4.3m $4.3m 0.07% Reduced -3.8k -3,831
70 KKM Financial LLC 1.28% of their portfolio CHICAGO, IL 32,04032.0k $4.1m $4.1m 1.28% Reduced -94 -94
71 First Heartland Consultants, Inc. 0.32% of their portfolio LAKE ST. LOUIS, MO 31,77731.8k $4.0m $4.0m 0.32% Reduced -428 -428
72 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 31,73731.7k $4.0m $4.0m 0.01% Added +3.4k +3,357
73 SYON CAPITAL LLC 0.21% of their portfolio SAN FRANCISCO, CA 31,22531.2k $4.0m $4.0m 0.21% Added +5.2k +5,194
74 PARK AVENUE SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 30,85830.9k $3.9m $3.9m 0.03% Added +2.9k +2,909
75 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 30,22230.2k $3.8m $3.8m 0.00% Added +501 +501
76 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 29,74529.7k $3.8m $3.8m 0.01% Added +98 +98
77 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 26,84026.8k $3.4m $3.4m 0.01% Reduced -29.0k -29,034
78 UNIQUE WEALTH, LLC 0.48% of their portfolio TAMPA, FL 26,03926.0k $3.3m $3.3m 0.48% Added +2.9k +2,940
79 NorthCoast Asset Management LLC 0.01% of their portfolio STAMFORD, CT 25,83525.8k $3.3m $3.3m 0.01% Added +524 +524
80 Colony Family Offices, LLC 0.84% of their portfolio CHARLOTTE, NC 25,68125.7k $3.3m $3.3m 0.84% Unchanged
81 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 24,94124.9k $3.2m $3.2m 0.00% Added +228 +228
82 Somerset Group LLC 2.49% of their portfolio WAYZATA, MN 24,83624.8k $3.1m $3.1m 2.49% Added +82 +82
83 Geneos Wealth Management Inc. 0.07% of their portfolio ENGLEWOOD, CO 23,19523.2k $2.9m $2.9m 0.07% Reduced -248 -248
84 USA FINANCIAL FORMULAS 0.51% of their portfolio ADA, MI 22,88022.9k $2.9m $2.9m 0.51% Reduced -6.7k -6,679
85 Balboa Wealth Partners 0.48% of their portfolio SCOTTSDALE, AZ 22,08722.1k $2.8m $2.8m 0.48% Added +409 +409
86 WealthCare Investment Partners, LLC 0.80% of their portfolio PORTSMOUTH, RI 19,82319.8k $2.5m $2.5m 0.80% Reduced -491 -491
87 VestGen Advisors, LLC 0.08% of their portfolio CHICAGO, IL 19,63019.6k $2.5m $2.5m 0.08% New
88 Cadent Capital Advisors, LLC 0.66% of their portfolio TULSA, OK 19,56519.6k $2.5m $2.5m 0.66% Added +127 +127
89 Kovack Advisors, Inc. 0.23% of their portfolio FT. LAUDERDALE, FL 19,35419.4k $2.5m $2.5m 0.23% Reduced -368 -368
90 CX Institutional 0.07% of their portfolio AUBURN, IN 19,17819.2k $2.4m $2.4m 0.07% Reduced -2.7k -2,737
91 INDEPENDENT FINANCIAL GROUP, LLC 0.06% of their portfolio SAN DIEGO, CA 19,08419.1k $2.4m $2.4m 0.06% Added +608 +608
92 Lifestyle Asset Management, Inc. 0.81% of their portfolio FRIENDSWOOD, TX 18,79718.8k $2.4m $2.4m 0.81% Added +10.6k +10,561
93 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 18,59918.6k $2.4m $2.4m 0.00% Added +4.4k +4,421
94 Apeiron RIA LLC 0.51% of their portfolio Dallas, TX 18,49618.5k $2.3m $2.3m 0.51% Added +389 +389
95 Spire Wealth Management 0.08% of their portfolio MCLEAN, VA 18,48418.5k $2.3m $2.3m 0.08% Added +1.1k +1,079
96 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 18,33818.3k $2.3m $2.3m 0.00% Added +4.5k +4,523
97 HUNTINGTON NATIONAL BANK 0.01% of their portfolio COLUMBUS, OH 18,28118.3k $2.3m $2.3m 0.01% Reduced -1.1k -1,099
98 Avior Wealth Management, LLC 0.07% of their portfolio OMAHA, NE 18,03418.0k $2.3m $2.3m 0.07% Added +1.3k +1,258
99 KENNICOTT CAPITAL MANAGEMENT LLC 1.08% of their portfolio LARKSPUR, CA 17,65817.7k $2.2m $2.2m 1.08% Added +1.2k +1,230
100 FORTE ASSET MANAGEMENT LLC 1.07% of their portfolio BEDFORD, NY 17,58917.6k $2.2m $2.2m 1.07% New