Vault-13

ISHARES TR SUB

SHRT NAT MUN ETF · ETP · CUSIP 464288158

858 institutional holders +15 vs Q1 2025
82,809,38782.8m shares reported held*
$8.8bnreported value*
74 new 357 added 277 reduced 62 sold out net bought ≈ $955.8m (+9.0m 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 ($8.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $106.48.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 718Q4 22: 789Q1 23: 764Q2 23: 759Q3 23: 758Q4 23: 793Q1 24: 765Q2 24: 766Q3 24: 769Q4 24: 841Q1 25: 843Q2 25: 858858Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022718
Q4 2022789
Q1 2023764
Q2 2023759
Q3 2023758
Q4 2023793
Q1 2024765
Q2 2024766
Q3 2024769
Q4 2024841
Q1 2025843
Q2 2025858

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q3 23: 311 bought or addedQ3 23: 375 cut or sold outQ4 23: 332 bought or addedQ4 23: 394 cut or sold outQ4 23Q1 24: 337 bought or addedQ1 24: 377 cut or sold outQ2 24: 339 bought or addedQ2 24: 359 cut or sold outQ2 24Q3 24: 351 bought or addedQ3 24: 339 cut or sold outQ4 24: 404 bought or addedQ4 24: 298 cut or sold outQ4 24Q1 25: 390 bought or addedQ1 25: 365 cut or sold outQ2 25: 431 bought or addedQ2 25: 339 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023311375
Q4 2023332394
Q1 2024337377
Q2 2024339359
Q3 2024351339
Q4 2024404298
Q1 2025390365
Q2 2025431339

Biggest buyers

MORGAN STANLEY Added +3,066,431+3.1m
Bank of New York Mellon Corp Added +870,595+870.6k
ROYAL BANK OF CANADA Added +548,387+548.4k
GRIMES & Co WEALTH MANAGEMENT, LLC Added +542,622+542.6k
WIT, LLC New +418,588+418.6k
Crestwood Advisors Group, LLC Added +349,936+349.9k
MERCER GLOBAL ADVISORS INC /ADV Added +327,197+327.2k
Rockefeller Capital Management L.P. Added +297,731+297.7k
TIAA TRUST, NATIONAL ASSOCIATION Added +281,169+281.2k
ENVESTNET ASSET MANAGEMENT INC Added +231,223+231.2k

Biggest sellers

Ellevest, Inc. Reduced -373,085-373.1k
TOWNSQUARE CAPITAL LLC Sold out -164,800-164.8k
JPMORGAN CHASE & CO Reduced -145,653-145.7k
UBS Group AG Reduced -138,656-138.7k
Larson Financial Group LLC Reduced -86,705-86.7k
KESTRA PRIVATE WEALTH SERVICES, LLC Reduced -79,111-79.1k
Blueprint Investment Partners LLC Sold out -73,469-73.5k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -59,204-59.2k
Elequin Capital, LP Sold out -55,810-55.8k
OLD MISSION CAPITAL LLC Reduced -51,756-51.8k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: Bank of New York Mellon Corp (4.8%, 2026-04-28)

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.06% of their portfolio CHARLOTTE, NC 7,227,5997.2m $768.6m $768.6m 0.06% Added +196.8k +196,791
2 MERCER GLOBAL ADVISORS INC /ADV 1.65% of their portfolio DENVER, CO 6,898,6216.9m $733.6m $733.6m 1.65% Added +327.2k +327,197
3 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 6,370,8746.4m $677.5m $677.5m 0.04% Added +3.1m +3,066,431
4 ENVESTNET ASSET MANAGEMENT INC 0.17% of their portfolio Berwyn, PA 5,503,9945.5m $585.3m $585.3m 0.17% Added +231.2k +231,223
5 Bank of New York Mellon Corp 0.10% of their portfolio NEW YORK, NY 5,197,3265.2m $552.7m $552.7m 0.10% Added +870.6k +870,595
6 TIAA TRUST, NATIONAL ASSOCIATION 0.95% of their portfolio CHARLOTTE, NC 3,412,2773.4m $362.9m $362.9m 0.95% Added +281.2k +281,169
7 SEI INVESTMENTS CO 0.33% of their portfolio OAKS, PA 2,693,7382.7m $286.5m $286.5m 0.33% Added +34.5k +34,474
8 Creative Planning 0.24% of their portfolio OVERLAND PARK, KS 2,636,4352.6m $280.4m $280.4m 0.24% Added +70.8k +70,762
9 CAPTRUST FINANCIAL ADVISORS 0.34% of their portfolio RALEIGH, NC 1,418,2141.4m $150.8m $150.8m 0.34% Added +98.5k +98,544
10 CITIGROUP INC 0.09% of their portfolio NEW YORK, NY 1,277,4071.3m $135.8m $135.8m 0.09% Added +225.6k +225,615
11 FRANKLIN RESOURCES INC 0.04% of their portfolio San Mateo, CA 1,244,0811.2m $132.3m $132.3m 0.04% Reduced -11.7k -11,681
12 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.09% of their portfolio MILWAUKEE, WI 1,155,0391.2m $122.8m $122.8m 0.09% Added +151.8k +151,792
13 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,130,5271.1m $120.2m $120.2m 0.03% Reduced -138.7k -138,656
14 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,044,7721.0m $111.1m $111.1m 0.01% Added +548.4k +548,387
15 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 990,029990.0k $105.3m $105.3m 0.03% Added +15.2k +15,207
16 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 970,378970.4k $103.2m $103.2m 0.03% Added +120.6k +120,615
17 Mariner, LLC 0.13% of their portfolio Overland Park, KS 818,504818.5k $87.0m $87.0m 0.13% Reduced -11.3k -11,279
18 COMMONWEALTH EQUITY SERVICES, LLC 0.09% of their portfolio WALTHAM, MA 668,997669.0k $71.1m $71.1m 0.09% Added +13.7k +13,672
19 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 668,165668.2k $71.1m $71.1m 0.02% Added +204.0k +203,987
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 627,813627.8k $66.8m $66.8m 0.00% Reduced -145.7k -145,653
21 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 613,408613.4k $65.2m $65.2m 0.03% Reduced -51.3k -51,275
22 Salomon & Ludwin, LLC 6.29% of their portfolio RICHMOND, VA 599,247599.2k $63.7m $63.7m 6.29% Added +16.8k +16,773
23 Allworth Financial LP 0.30% of their portfolio FOLSOM, CA 584,732584.7k $62.2m $62.2m 0.30% Added +5.9k +5,851
24 Composition Wealth, LLC 1.02% of their portfolio LOS ANGELES, CA 569,684569.7k $60.6m $60.6m 1.02% Added +10.5k +10,512
25 GRIMES & Co WEALTH MANAGEMENT, LLC 1.58% of their portfolio WESTBOROUGH, MA 547,610547.6k $58.2m $58.2m 1.58% Added +542.6k +542,622
26 US BANCORP \DE\ 0.07% of their portfolio MINNEAPOLIS, MN 544,529544.5k $57.9m $57.9m 0.07% Added +1.5k +1,482
27 Rockefeller Capital Management L.P. 0.07% of their portfolio NEW YORK, NY 540,154540.2k $57.4m $57.4m 0.07% Added +297.7k +297,731
28 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 526,015526.0k $55.9m $55.9m 0.07% Added +146.5k +146,477
29 Focus Partners Wealth 0.12% of their portfolio ST LOUIS, MO 518,520518.5k $55.1m $55.1m 0.12% Added +6.2k +6,233
30 RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio NEW YORK, NY 493,800493.8k $52.5m $52.5m 0.07% Added +163.8k +163,800
31 Heritage Investment Group, Inc. 8.92% of their portfolio POMPANO BEACH, FL 486,492486.5k $51.7m $51.7m 8.92% Added +20.5k +20,465
32 WIT, LLC 1.10% of their portfolio DISTRICT OF COLUMBIA, DC 418,588418.6k $44.5m $44.5m 1.10% New
33 Cerity Partners LLC 0.08% of their portfolio NEW YORK, NY 411,285411.3k $43.7m $43.7m 0.08% Reduced -4.6k -4,606
34 Crestwood Advisors Group, LLC 0.76% of their portfolio BOSTON, MA 397,823397.8k $42.3m $42.3m 0.76% Added +349.9k +349,936
35 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 386,297386.3k $41.1m $41.1m 0.01% Reduced -16.7k -16,718
36 Truepoint, Inc. 1.01% of their portfolio CINCINNATI, OH 382,221382.2k $40.6m $40.6m 1.01% Reduced -11.3k -11,294
37 Willow Creek Wealth Management Inc. 3.65% of their portfolio Sebastopol, CA 381,277381.3k $40.5m $40.5m 3.65% Added +18.6k +18,550
38 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 345,796345.8k $36.8m $36.8m 0.04% Added +29.1k +29,066
39 CIBC Private Wealth Group LLC 0.06% of their portfolio ATLANTA, GA 333,263333.3k $35.4m $35.4m 0.06% Added +121.8k +121,760
40 Apella Capital, LLC 0.96% of their portfolio WEST HARTFORD, CT 332,223332.2k $35.3m $35.3m 0.96% Added +17.9k +17,871
41 OLD NATIONAL BANCORP /IN/ 0.59% of their portfolio EVANSVILLE, IN 310,219310.2k $33.0m $33.0m 0.59% Added +11.0k +10,973
42 DGS Capital Management, LLC 6.68% of their portfolio JERSEY CITY, NJ 304,329304.3k $32.4m $32.4m 6.68% Added +4.7k +4,689
43 Orion Porfolio Solutions, LLC 0.27% of their portfolio OMAHA, NE 302,116302.1k $32.1m $32.1m 0.27% Added +11.6k +11,633
44 Beacon Pointe Advisors, LLC 0.33% of their portfolio NEWPORT BEACH, CA 298,896298.9k $31.8m $31.8m 0.33% Added +23.4k +23,401
45 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 279,363279.4k $29.7m $29.7m 0.05% Added +31.3k +31,344
46 Willis Johnson & Associates, Inc. 2.01% of their portfolio Houston, TX 278,065278.1k $29.6m $29.6m 2.01% Added +5.9k +5,878
47 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 266,631266.6k $28.4m $28.4m 0.00% Added +24.2k +24,180
48 CITIZENS FINANCIAL GROUP INC/RI 0.45% of their portfolio PROVIDENCE, RI 264,342264.3k $28.1m $28.1m 0.45% Reduced -424 -424
49 RMR Wealth Builders 2.46% of their portfolio Montclair, NJ 255,040255.0k $27.1m $27.1m 2.46% Added +15.7k +15,681
50 RITHOLTZ WEALTH MANAGEMENT 0.60% of their portfolio NEW YORK, NY 254,317254.3k $27.0m $27.0m 0.60% Added +5.2k +5,245
51 Modera Wealth Management, LLC 0.32% of their portfolio WESTWOOD, NJ 243,754243.8k $25.9m $25.9m 0.32% Added +38.8k +38,803
52 CAHABA WEALTH MANAGEMENT, INC. 1.95% of their portfolio Atlanta, GA 235,731235.7k $25.1m $25.1m 1.95% Added +18.1k +18,076
53 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 231,557231.6k $24.6m $24.6m 0.04% Reduced -59.2k -59,204
54 Waterway Wealth Management, LLC 7.40% of their portfolio THE WOODLANDS, TX 230,019230.0k $24.5m $24.5m 7.40% Added +226.3k +226,269
55 Betterment LLC 0.05% of their portfolio NEW YORK, NY 216,032216.0k $23.0m $23.0m 0.05% Added +181.5k +181,461
56 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 213,359213.4k $22.7m $22.7m 0.04% Reduced -36.5k -36,524
57 Thrivent Financial for Lutherans 0.05% of their portfolio Minneapolis, MN 203,146203.1k $21.6m $21.6m 0.05% Reduced -32.7k -32,723
58 Carnegie Investment Counsel 0.43% of their portfolio PEPPER PIKE, OH 200,825200.8k $21.4m $21.4m 0.43% Added +20.4k +20,434
59 NISA INVESTMENT ADVISORS, LLC 0.10% of their portfolio ST. LOUIS, MO 200,505200.5k $21.3m $21.3m 0.10% Added +23.2k +23,155
60 LVW Advisors, LLC 2.36% of their portfolio PITTSFORD, NY 198,105198.1k $21.1m $21.1m 2.36% Added +12.7k +12,719
61 COMERICA BANK 0.08% of their portfolio DALLAS, TX 194,536194.5k $20.7m $20.7m 0.08% Added +35.5k +35,542
62 Legacy Edge Advisors, LLC 2.66% of their portfolio SYOSSET, NY 187,405187.4k $19.9m $19.9m 2.66% Added +10.2k +10,171
63 BAILARD, INC. 0.46% of their portfolio Foster City, CA 185,745185.7k $19.8m $19.8m 0.46% Added +141.8k +141,754
64 Members Trust Co 0.66% of their portfolio TAMPA, FL 179,410179.4k $19.1m $19.1m 0.66% Reduced -7.6k -7,552
65 ARKANSAS FINANCIAL GROUP, INC. 2.85% of their portfolio LITTLE ROCK, AR 172,546172.5k $18.3m $18.3m 2.85% Added +302 +302
66 MATHER GROUP, LLC. 0.19% of their portfolio CHICAGO, IL 171,641171.6k $18.3m $18.3m 0.19% Added +158.7k +158,721
67 Ascent Group, LLC 0.70% of their portfolio VIRGINIA BEACH, VA 170,066170.1k $18.1m $18.1m 0.70% Reduced -26.1k -26,143
68 Alesco Advisors, LLC, An ESL Co 0.49% of their portfolio Pittsford, NY 159,994160.0k $17.0m $17.0m 0.49% Reduced -397 -397
69 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.67% of their portfolio BOSTON, MA 157,870157.9k $16.8m $16.8m 0.67% Reduced -36.0k -36,022
70 Ellevest, Inc. 2.67% of their portfolio NEW YORK, NY 157,618157.6k $16.8m $16.8m 2.67% Reduced -373.1k -373,085
71 Freestone Capital Holdings, LLC 0.57% of their portfolio Seattle, WA 156,443156.4k $16.6m $16.6m 0.57% Added +321 +321
72 BRANDYWINE OAK PRIVATE WEALTH LLC 1.41% of their portfolio Kennett Square, PA 143,333143.3k $15.2m $15.2m 1.41% Reduced -3.1k -3,092
73 One Capital Management, LLC 0.53% of their portfolio WESTLAKE VILLAGE, CA 142,680142.7k $15.2m $15.2m 0.53% Added +3.9k +3,869
74 GAMMA Investing LLC 0.95% of their portfolio FOSTER CITY, CA 140,610140.6k $15.0m $15.0m 0.95% Added +36.7k +36,730
75 Merit Financial Group, LLC 0.16% of their portfolio ALPHARETTA, GA 137,877137.9k $14.7m $14.7m 0.16% Added +63.6k +63,632
76 Sequoia Financial Advisors, LLC 0.10% of their portfolio Akron, OH 135,485135.5k $14.4m $14.4m 0.10% Reduced -5.3k -5,331
77 EP Wealth Advisors, LLC 0.09% of their portfolio TORRANCE, CA 134,403134.4k $14.3m $14.3m 0.09% Added +61.7k +61,724
78 Prime Capital Investment Advisors, LLC 0.19% of their portfolio OVERLAND PARK, KS 134,037134.0k $14.3m $14.3m 0.19% Added +28.3k +28,312
79 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 133,662133.7k $14.2m $14.2m 0.04% Added +10.2k +10,233
80 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 1.29% of their portfolio London, X0 130,304130.3k $13.9m $13.9m 1.29% New
81 BROWN WEALTH MANAGEMENT, LLC 4.16% of their portfolio NAPERVILLE, IL 125,984126.0k $13.4m $13.4m 4.16% Reduced -32.9k -32,932
82 Slow Capital, Inc. 1.64% of their portfolio GREENBRAE, CA 125,882125.9k $13.4m $13.4m 1.64% Reduced -45.3k -45,251
83 Abundance Wealth Counselors 2.46% of their portfolio STATE COLLEGE, PA 123,539123.5k $13.1m $13.1m 2.46% Reduced -382 -382
84 Dakota Wealth Management 0.26% of their portfolio PALM BEACH GARDENS, FL 117,055117.1k $12.4m $12.4m 0.26% Reduced -2.4k -2,407
85 SHEETS SMITH WEALTH MANAGEMENT 1.44% of their portfolio WINSTON-SALEM, NC 116,067116.1k $12.3m $12.3m 1.44% Reduced -4.3k -4,253
86 FLPUTNAM INVESTMENT MANAGEMENT CO 0.21% of their portfolio PORTLAND, ME 114,320114.3k $12.2m $12.2m 0.21% Reduced -2.3k -2,325
87 TD Capital Management LLC 1.14% of their portfolio MEMPHIS, TN 113,906113.9k $12.1m $12.1m 1.14% Added +7.2k +7,170
88 Oak Harvest Investment Services 1.46% of their portfolio HOUSTON, TX 109,496109.5k $11.6m $11.6m 1.46% Added +8.4k +8,404
89 Grove Bank & Trust 1.43% of their portfolio Miami, FL 107,507107.5k $11.4m $11.4m 1.43% Reduced -2.0k -2,011
90 Mesirow Financial Investment Management, Inc. 0.22% of their portfolio CHICAGO, IL 107,503107.5k $11.4m $11.4m 0.22% Added +1.7k +1,695
91 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 102,775102.8k $10.9m $10.9m 0.01% Added +7.4k +7,418
92 COUNTRY CLUB BANK 0.68% of their portfolio KANSAS CITY, MO 102,223102.2k $10.9m $10.9m 0.68% Added +8.6k +8,602
93 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 98,84198.8k $10.5m $10.5m 0.06% Added +12.8k +12,836
94 Heartwood Wealth Advisors LLC 1.09% of their portfolio RICHMOND, VA 97,86497.9k $10.4m $10.4m 1.09% Reduced -1.0k -1,013
95 Wealthspire Advisors, LLC 0.06% of their portfolio NEW YORK, NY 97,86097.9k $10.4m $10.4m 0.06% Added +33.2k +33,220
96 Alaethes Wealth, LLC 3.07% of their portfolio GLENBROOK, NV 96,62896.6k $10.3m $10.3m 3.07% Unchanged
97 PARK AVENUE SECURITIES LLC 0.09% of their portfolio NEW YORK, NY 94,86794.9k $10.1m $10.1m 0.09% Reduced -21.0k -21,042
98 Integrated Advisors Network LLC 0.45% of their portfolio DALLAS, TX 94,21894.2k $10.0m $10.0m 0.45% Added +29.5k +29,544
99 Partners in Financial Planning 1.79% of their portfolio SALEM, VA 91,45191.5k $9.7m $9.7m 1.79% Added +7.2k +7,178
100 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 90,00790.0k $9.6m $9.6m 0.03% Added +29.3k +29,284