Vault-13

ISHARES TR ILCV

MORNINGSTAR VALU · ETP · CUSIP 464288109

173 institutional holders +3 vs Q3 2025
8,870,2518.9m shares reported held*
$827.7mreported value*
10 new 56 added 57 reduced 14 sold out net sold ≈ $17.0m (-76.6k 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 ≈ $93.31.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 95Q4 22: 106Q1 23: 107Q2 23: 105Q3 23: 113Q4 23: 119Q1 24: 120Q2 24: 125Q3 24: 127Q4 24: 145Q1 25: 174Q2 25: 169Q3 25: 170Q4 25: 173173Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202295
Q4 2022106
Q1 2023107
Q2 2023105
Q3 2023113
Q4 2023119
Q1 2024120
Q2 2024125
Q3 2024127
Q4 2024145
Q1 2025174
Q2 2025169
Q3 2025170
Q4 2025173

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 36 bought or addedQ1 24: 46 cut or sold outQ2 24: 47 bought or addedQ2 24: 42 cut or sold outQ2 24Q3 24: 49 bought or addedQ3 24: 41 cut or sold outQ4 24: 66 bought or addedQ4 24: 37 cut or sold outQ4 24Q1 25: 101 bought or addedQ1 25: 40 cut or sold outQ2 25: 77 bought or addedQ2 25: 77 cut or sold outQ2 25Q3 25: 63 bought or addedQ3 25: 70 cut or sold outQ4 25: 66 bought or addedQ4 25: 71 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20243646
Q2 20244742
Q3 20244941
Q4 20246637
Q1 202510140
Q2 20257777
Q3 20256370
Q4 20256671

Calls vs puts

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

CallsPuts
$0$20k$40k$60k$80kQ1 25 calls: $76.8kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —
Numbers
QuarterCallsPutsP/C
Q1 2025$76.8k$00.00
Q2 2025$0$0—
Q3 2025$0$0—
Q4 2025$0$0—

Biggest buyers

AlphaCore Capital LLC New +239,973+240.0k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +135,785+135.8k
Corient Private Wealth LP Added +122,827+122.8k
LPL Financial LLC Added +48,178+48.2k
BANK OF AMERICA CORP /DE/ Added +28,639+28.6k
Global View Capital Management LLC New +28,382+28.4k
ABSOLUTE CAPITAL MANAGEMENT, LLC Added +12,400+12.4k
Rockefeller Capital Management L.P. Added +11,052+11.1k
Steele Capital Management, Inc. Added +6,822+6.8k
Orion Porfolio Solutions, LLC Added +6,647+6.6k

Biggest sellers

JPMORGAN CHASE & CO Reduced -284,506-284.5k
Equitable Holdings, Inc. Reduced -118,248-118.2k
Tandem Financial, LLC Sold out -65,638-65.6k
Apex Wealth Management, LLC Sold out -50,737-50.7k
Sanctuary Advisors, LLC Reduced -37,710-37.7k
WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV Reduced -35,119-35.1k
OSAIC HOLDINGS, INC. Reduced -34,346-34.3k
ASHTON THOMAS SECURITIES, LLC Sold out -28,528-28.5k
ROYAL BANK OF CANADA Reduced -24,363-24.4k
GOLDMAN SACHS GROUP INC Reduced -16,573-16.6k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 854,360854.4k $80.6m $80.6m 0.01% Added +28.6k +28,639
2 Steele Capital Management, Inc. 2.71% of their portfolio DUBUQUE, IA 670,081670.1k $63.2m $63.2m 2.71% Added +6.8k +6,822
3 Matrix Trust Co 10.38% of their portfolio DENVER, CO 666,393666.4k $62.9m $62.9m 10.38% Added +5.3k +5,283
4 Equitable Holdings, Inc. 0.39% of their portfolio NEW YORK, NY 610,386610.4k $57.6m $57.6m 0.39% Reduced -118.2k -118,248
5 UBS Group AG 0.01% of their portfolio ZURICH, V8 536,832536.8k $50.7m $50.7m 0.01% Added +805 +805
6 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 399,898399.9k $37.7m $37.7m 0.01% Reduced -12.8k -12,753
7 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 394,428394.4k $37.2m $37.2m 0.01% Added +48.2k +48,178
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 360,366360.4k $34.0m $34.0m 0.00% Added +692 +692
9 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 280,538280.5k $26.5m $26.5m 0.00% Reduced -284.5k -284,506
10 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 251,329251.3k $23.7m $23.7m 0.01% Added +135.8k +135,785
11 WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV 3.68% of their portfolio BERMUDA RUN, NC 246,478246.5k $23.3m $23.3m 3.68% Reduced -35.1k -35,119
12 AlphaCore Capital LLC 0.51% of their portfolio LA JOLLA, CA 239,973240.0k $22.6m $22.6m 0.51% New
13 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 233,812233.8k $12.3m $12.3m 0.01% Added +122.8k +122,827
14 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 215,059215.1k $20.3m $20.3m 0.00% Reduced -24.4k -24,363
15 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 202,096202.1k $19.1m $19.1m 0.00% Reduced -3.9k -3,929
16 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 183,832183.8k $17.3m $17.3m 0.02% Reduced -9.3k -9,329
17 Lauer Wealth, LLC 10.34% of their portfolio VALPARAISO, IN 141,901141.9k $13.6m $13.6m 10.34% Added +2.6k +2,585
18 Northwest Wealth Advisors, LLC 9.59% of their portfolio BELLINGHAM, WA 130,560130.6k $12.3m $12.3m 9.59% First filing
19 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 117,828117.8k $11.3m $11.3m 0.02% Reduced -1.3k -1,329
20 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 117,676117.7k $11.1m $11.1m 0.00% Reduced -3.6k -3,555
21 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 114,039114.0k $10.8m $10.8m 0.01% Reduced -1.9k -1,860
22 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 94,68294.7k $8.9m $8.9m 0.02% Added +2.1k +2,055
23 BARRETT & COMPANY, INC. 2.98% of their portfolio PROVIDENCE, RI 94,63294.6k $8.9m $8.9m 2.98% Reduced -776 -776
24 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 91,53491.5k $8.6m $8.6m 0.01% Reduced -34.3k -34,346
25 KILEY JUERGENS WEALTH MANAGEMENT, LLC 1.79% of their portfolio OLYMPIA, WA 87,69487.7k $8.3m $8.3m 1.79% Reduced -288 -288
26 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 82,44982.4k $7.8m $7.8m 0.00% Reduced -16.6k -16,573
27 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 73,78473.8k $7.0m $7.0m 0.02% Added +527 +527
28 NorthStar Asset Management LLC /NJ/ 2.98% of their portfolio BERKELEY HEIGHTS, NJ 70,30470.3k $6.6m $6.6m 2.98% Added +2.2k +2,215
29 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 59,81759.8k $5.6m $5.6m 0.00% Added +2.4k +2,362
30 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 59,74959.7k $5.6m $5.6m 0.01% Added +210 +210
31 Sheridan Capital Management, LLC 2.58% of their portfolio San Rafael, CA 53,87153.9k $5.1m $5.1m 2.58% Reduced -1.3k -1,260
32 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 44,05944.1k $4.2m $4.2m 0.02% Reduced -37.7k -37,710
33 MATHER GROUP, LLC. 0.04% of their portfolio CHICAGO, IL 37,89137.9k $3.6m $3.6m 0.04% Unchanged
34 Mariner, LLC 0.00% of their portfolio Overland Park, KS 37,68937.7k $3.6m $3.6m 0.00% Added +99 +99
35 JIM SAULNIER & ASSOCIATES, LLC 1.75% of their portfolio FORT COLLINS, CO 35,78635.8k $3.4m $3.4m 1.75% Reduced -485 -485
36 Madison Wealth Partners, Inc 0.60% of their portfolio MADISON, WI 34,72834.7k $3.3m $3.3m 0.60% Added +336 +336
37 Strategic Blueprint, LLC 0.19% of their portfolio ATLANTA, GA 33,65033.6k $3.2m $3.2m 0.19% Added +6.5k +6,474
38 ABSOLUTE CAPITAL MANAGEMENT, LLC 1.13% of their portfolio Pittsburgh, PA 32,90032.9k $3.1m $3.1m 1.13% Added +12.4k +12,400
39 Dentgroup LLC 2.05% of their portfolio BATON ROUGE, LA 31,61131.6k $3.0m $3.0m 2.05% Added +1.0k +1,003
40 Prime Capital Investment Advisors, LLC 0.03% of their portfolio OVERLAND PARK, KS 28,52828.5k $2.7m $2.7m 0.03% Reduced -962 -962
41 Global View Capital Management LLC 0.50% of their portfolio WAUKESHA, WI 28,38228.4k $2.7m $2.7m 0.50% New
42 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 27,20127.2k $2.6m $2.6m 0.02% Added +6.6k +6,647
43 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 26,00126.0k $2.5m $2.5m 0.00% Unchanged
44 Savant Capital, LLC 0.01% of their portfolio ROCKFORD, IL 22,84522.8k $2.2m $2.2m 0.01% Reduced -2.5k -2,460
45 CWM, LLC 0.01% of their portfolio OMAHA, NE 22,04322.0k $2.1m $2.1m 0.01% Reduced -490 -490
46 Edge Financial Advisors LLC 0.85% of their portfolio WHEATON, IL 21,36321.4k $2.0m $2.0m 0.85% Added +1.1k +1,101
47 Asset One Wealth Management LLC 0.28% of their portfolio BELLEVUE, WA 20,70220.7k $2.0m $2.0m 0.28% First filing
48 FLAGSHIP HARBOR ADVISORS, LLC 0.08% of their portfolio BOSTON, MA 18,74118.7k $1.8m $1.8m 0.08% Reduced -6 -6
49 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 17,92517.9k $1.7m $1.7m 0.00% Added +11.1k +11,052
50 Asempa Wealth Advisors 1.45% of their portfolio BATON ROUGE, LA 17,87317.9k $1.7m $1.7m 1.45% First filing
51 GenWealth Group, Inc. 0.29% of their portfolio Maplewood, NJ 17,52417.5k $1.7m $1.7m 0.29% Reduced -288 -288
52 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 16,64116.6k $1.6m $1.6m 0.00% Reduced -6.7k -6,709
53 Caliber Wealth Management, LLC / KS 0.16% of their portfolio Overland Park, KS 15,91115.9k $1.5m $1.5m 0.16% Reduced -109 -109
54 Brand Asset Management Group, Inc. 0.40% of their portfolio CHESTERFIELD, MO 15,01515.0k $1.4m $1.4m 0.40% Reduced -218 -218
55 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 14,95415.0k $1.4m $1.4m 0.00% Reduced -9.8k -9,806
56 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 14,16914.2k $1.3m $1.3m 0.01% Reduced -2.4k -2,403
57 Ellis Investment Partners, LLC 0.23% of their portfolio Berwyn, PA 14,01214.0k $1.3m $1.3m 0.23% Reduced -150 -150
58 Global Retirement Partners, LLC 0.02% of their portfolio San Rafael, CA 13,43713.4k $1.3m $1.3m 0.02% Added +2.1k +2,076
59 COMERICA BANK 0.01% of their portfolio DALLAS, TX 13,33713.3k $1.3m $1.3m 0.01% Reduced -259 -259
60 Verum Partners LLC 0.24% of their portfolio CHARLOTTE, NC 12,40012.4k $1.2m $1.2m 0.24% Unchanged
61 Ipsen Advisor Group LLC 0.82% of their portfolio LITTLE ROCK, AR 12,26312.3k $1.2m $1.2m 0.82% Reduced -151 -151
62 Horst & Graben Wealth Management LLC 0.17% of their portfolio PORTLAND, OR 11,95412.0k $1.1m $1.1m 0.17% Reduced -4 -4
63 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 11,70111.7k $1.1m $1.1m 0.00% Reduced -22 -22
64 SAXON INTERESTS, INC. 0.38% of their portfolio HOUSTON, TX 11,28311.3k $1.1m $1.1m 0.38% Unchanged
65 Waverly Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 11,06011.1k $1.0m $1.0m 0.01% Reduced -109 -109
66 HB Wealth Management, LLC 0.01% of their portfolio Atlanta, GA 10,67410.7k $1.0m $1.0m 0.01% Unchanged
67 Detalus Advisors, LLC 0.24% of their portfolio ST. LOUIS, MO 10,33410.3k $975.1k $975.1k 0.24% Added +62 +62
68 FMR LLC 0.00% of their portfolio BOSTON, MA 10,24010.2k $966.2k $966.2k 0.00% Added +817 +817
69 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 9,9099.9k $892.0k $892.0k 0.00% Unchanged
70 ANB BANK 0.37% of their portfolio DENVER, CO 9,8379.8k $928.2k $928.2k 0.37% Reduced -308 -308
71 Key Financial Inc 0.16% of their portfolio WEST CHESTER, PA 9,2079.2k $868.8k $868.8k 0.16% Added +89 +89
72 Shared Vision Wealth Group LLC 0.35% of their portfolio CARLSBAD, X1 9,0659.1k $873.5k $873.5k 0.35% Unchanged
73 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 8,9899.0k $848.3k $848.3k 0.01% Added +926 +926
74 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 8,9038.9k $840.1k $840.1k 0.01% Added +3 +3
75 Chesley Taft & Associates LLC 0.03% of their portfolio CHICAGO, IL 8,7428.7k $824.9k $824.9k 0.03% Unchanged
76 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 8,0678.1k $761.2k $761.2k 0.01% Added +1.8k +1,808
77 Cedar Point Capital Partners, LLC 0.48% of their portfolio Cedar Rapids, IA 7,9888.0k $753.8k $753.8k 0.48% Reduced -960 -960
78 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 7,5317.5k $710.6k $710.6k 0.00% Added +6.6k +6,565
79 Key Capital Management, INC 0.67% of their portfolio HENDERSONVILLE, TN 37075, TN 7,1347.1k $673.1k $673.1k 0.67% First filing
80 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 7,0757.1k $667.6k $667.6k 0.00% Added +1.1k +1,099
81 Ullmann Wealth Partners Group, LLC 0.07% of their portfolio JACKSONVILLE BEACH, FL 7,0307.0k $645.8k $645.8k 0.07% Unchanged
82 One Wealth Advisors, LLC 0.08% of their portfolio SAN FRANCISCO, CA 6,9486.9k $655.6k $655.6k 0.08% Added +219 +219
83 Financial Engines Advisors L.L.C. 0.00% of their portfolio SANTA CLARA, CA 6,8196.8k $643.4k $643.4k 0.00% Reduced -115 -115
84 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 6,6016.6k $622.9k $622.9k 0.00% Reduced -504 -504
85 Kingsview Wealth Management, LLC 0.01% of their portfolio GRANTS PASS, OR 6,5926.6k $622.0k $622.0k 0.01% Added +3.8k +3,813
86 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 6,2586.3k $586.4k $586.4k 0.00% Added +3.0k +3,002
87 Perennial Investment Advisors, LLC 0.05% of their portfolio Los Angeles, CA 6,0816.1k $573.8k $573.8k 0.05% Reduced -153 -153
88 Gotham Asset Management, LLC 0.00% of their portfolio NEW YORK, NY 5,9586.0k $562.2k $562.2k 0.00% Unchanged
89 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 5,8655.9k $553.4k $553.4k 0.00% Added +415 +415
90 Quadrant Private Wealth Management, LLC 0.09% of their portfolio Center Valley, PA 5,5165.5k $520.5k $520.5k 0.09% Added +467 +467
91 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 5,4545.5k $514.6k $514.6k 0.00% Reduced -31 -31
92 Towerpoint Wealth, LLC 0.20% of their portfolio SACRAMENTO, CA 5,4385.4k $513.1k $513.1k 0.20% Added +671 +671
93 FLAGSTAR SECURITIES, INC 0.17% of their portfolio New York, NY 5,3735.4k $507.0k $507.0k 0.17% Reduced -167 -167
94 Pearl Planning LLC 0.30% of their portfolio DEXTER, MI 5,2795.3k $498.1k $498.1k 0.30% First filing
95 Van Diest Capital, LLC 0.73% of their portfolio POLY CITY, IA 5,1755.2k $488.3k $488.3k 0.73% First filing
96 Kelly Financial Services LLC 0.12% of their portfolio BRAINTREE, MA 5,1675.2k $487.5k $487.5k 0.12% Reduced -497 -497
97 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 5,0295.0k $474.5k $474.5k 0.00% New
98 FIRST MANHATTAN CO. LLC. 0.00% of their portfolio NEW YORK, NY 5,0005.0k $471.8k $471.8k 0.00% Unchanged
99 Summit Asset Management, LLC 0.07% of their portfolio MEMPHIS, TN 4,8904.9k $461.4k $461.4k 0.07% Reduced -200 -200
100 WEALTH ALLIANCE, LLC 0.04% of their portfolio MELLVILLE, NY 4,8294.8k $455.7k $455.7k 0.04% Reduced -70 -70