Vault-13

ISHARES TR SUB

SHRT NAT MUN ETF · ETP · CUSIP 464288158

893 institutional holders +25 vs Q4 2025
87,283,04887.3m shares reported held*
$9.3bnreported value*
72 new 393 added 259 reduced 39 sold out net bought ≈ $587.3m (+5.0m 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 ($95.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $106.64.

Trends to Q1 2026

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: 858Q3 25: 840Q4 25: 868Q1 26: 893893Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025840
Q4 2025868
Q1 2026893

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q2 24: 339 bought or addedQ2 24: 359 cut or sold outQ3 24: 351 bought or addedQ3 24: 339 cut or sold outQ3 24Q4 24: 404 bought or addedQ4 24: 298 cut or sold outQ1 25: 390 bought or addedQ1 25: 365 cut or sold outQ1 25Q2 25: 431 bought or addedQ2 25: 339 cut or sold outQ3 25: 416 bought or addedQ3 25: 319 cut or sold outQ3 25Q4 25: 442 bought or addedQ4 25: 300 cut or sold outQ1 26: 465 bought or addedQ1 26: 298 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024339359
Q3 2024351339
Q4 2024404298
Q1 2025390365
Q2 2025431339
Q3 2025416319
Q4 2025442300
Q1 2026465298

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +2,207,656+2.2m
UBS Group AG Added +1,735,648+1.7m
MERCER GLOBAL ADVISORS INC /ADV Added +707,341+707.3k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +259,044+259.0k
Bear Mountain Capital, Inc. New +258,958+259.0k
MORGAN STANLEY Added +242,803+242.8k
FIFTH THIRD BANCORP Added +228,780+228.8k
ENVESTNET ASSET MANAGEMENT INC Added +166,906+166.9k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +154,190+154.2k
Glenview Trust Co Added +132,497+132.5k

Biggest sellers

TIAA TRUST, NATIONAL ASSOCIATION Reduced -1,212,908-1.2m
ALLSTATE CORP Reduced -500,160-500.2k
John A. Wolfe & Associates, Inc. Sold out -486,884-486.9k
Bank of New York Mellon Corp Reduced -213,833-213.8k
Composition Wealth, LLC Reduced -142,695-142.7k
Corient Private Wealth LP Reduced -90,391-90.4k
Pasadena Private Wealth, LLC Reduced -82,788-82.8k
BIP Wealth, LLC Reduced -82,337-82.3k
HighTower Advisors, LLC Reduced -75,672-75.7k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -74,482-74.5k

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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.08% of their portfolio CHARLOTTE, NC 10,534,00710.5m $1.1bn $1.1bn 0.08% Added +2.2m +2,207,656
2 MERCER GLOBAL ADVISORS INC /ADV 1.45% of their portfolio DENVER, CO 9,196,6159.2m $979.4m $979.4m 1.45% Added +707.3k +707,341
3 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 5,916,6645.9m $630.1m $630.1m 0.04% Added +242.8k +242,803
4 Bank of New York Mellon Corp 0.10% of their portfolio NEW YORK, NY 4,932,8024.9m $525.3m $525.3m 0.10% Reduced -213.8k -213,833
5 UBS Group AG 0.06% of their portfolio ZURICH, V8 2,914,7332.9m $310.4m $310.4m 0.06% Added +1.7m +1,735,648
6 Creative Planning 0.21% of their portfolio OVERLAND PARK, KS 2,904,8522.9m $309.4m $309.4m 0.21% Added +91.4k +91,413
7 SEI INVESTMENTS CO 0.28% of their portfolio OAKS, PA 2,860,1292.9m $304.6m $304.6m 0.28% Added +62.3k +62,303
8 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.10% of their portfolio MILWAUKEE, WI 1,542,5351.5m $164.3m $164.3m 0.10% Added +154.2k +154,190
9 CITIGROUP INC 0.10% of their portfolio NEW YORK, NY 1,453,9601.5m $154.8m $154.8m 0.10% Added +61.2k +61,202
10 CAPTRUST FINANCIAL ADVISORS 0.24% of their portfolio RALEIGH, NC 1,296,7281.3m $138.1m $138.1m 0.24% Added +44.3k +44,293
11 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 1,281,0431.3m $136.4m $136.4m 0.03% Added +11.0k +10,964
12 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 1,048,4621.0m $111.7m $111.7m 0.03% Added +22.4k +22,358
13 ALLSTATE CORP 1.19% of their portfolio NORTHBROOK, IL 1,047,5841.0m $111.6m $111.6m 1.19% Reduced -500.2k -500,160
14 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 1,037,1961.0m $110.5m $110.5m 0.03% Added +3.7k +3,734
15 Mariner, LLC 0.11% of their portfolio Overland Park, KS 883,807883.8k $94.1m $94.1m 0.11% Added +9.9k +9,896
16 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 861,391861.4k $91.7m $91.7m 0.02% Added +166.9k +166,906
17 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.33% of their portfolio CHARLOTTE, NC 817,913817.9k $87.1m $87.1m 0.33% First filing
18 Robinhood Asset Management, LLC 5.83% of their portfolio MENLO PARK, CA 755,267755.3k $80.4m $80.4m 5.83% Reduced -12.4k -12,368
19 Salomon & Ludwin, LLC 6.81% of their portfolio RICHMOND, VA 711,088711.1k $76.3m $76.3m 6.81% Added +47.8k +47,826
20 NISA INVESTMENT ADVISORS, LLC 0.27% of their portfolio ST. LOUIS, MO 679,490679.5k $72.4m $72.4m 0.27% Added +4.7k +4,675
21 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 634,187634.2k $67.5m $67.5m 0.02% Added +112.5k +112,522
22 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 632,784632.8k $67.4m $67.4m 0.03% Reduced -29.8k -29,843
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 603,574603.6k $64.3m $64.3m 0.00% Reduced -37.1k -37,085
24 Allworth Financial LP 0.26% of their portfolio FOLSOM, CA 596,499596.5k $63.5m $63.5m 0.26% Reduced -4.2k -4,236
25 Focus Partners Wealth 0.07% of their portfolio ST LOUIS, MO 593,545593.5k $64.0m $64.0m 0.07% Added +45.9k +45,926
26 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 587,359587.4k $62.6m $62.6m 0.01% Added +46.4k +46,381
27 Heritage Investment Group, Inc. 8.72% of their portfolio POMPANO BEACH, FL 541,010541.0k $57.6m $57.6m 8.72% Added +16.8k +16,792
28 COMMONWEALTH EQUITY SERVICES, LLC 0.08% of their portfolio WALTHAM, MA 540,109540.1k $57.5m $57.5m 0.08% Reduced -74.5k -74,482
29 Cerity Partners LLC 0.08% of their portfolio NEW YORK, NY 518,240518.2k $55.2m $55.2m 0.08% Added +41.1k +41,150
30 US BANCORP \DE\ 0.06% of their portfolio MINNEAPOLIS, MN 476,766476.8k $50.8m $50.8m 0.06% Reduced -53.6k -53,640
31 Truepoint, Inc. 1.07% of their portfolio CINCINNATI, OH 448,765448.8k $47.8m $47.8m 1.07% Added +23.1k +23,082
32 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 443,715443.7k $47.3m $47.3m 0.01% Added +89.6k +89,635
33 Crestwood Advisors Group, LLC 0.78% of their portfolio BOSTON, MA 434,108434.1k $46.2m $46.2m 0.78% Reduced -73.9k -73,894
34 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 421,239421.2k $44.9m $44.9m 0.05% Reduced -75.7k -75,672
35 WIT, LLC 0.84% of their portfolio DISTRICT OF COLUMBIA, DC 418,588418.6k $44.6m $44.6m 0.84% Unchanged
36 Apella Capital, LLC 0.66% of their portfolio WEST HARTFORD, CT 418,476418.5k $44.7m $44.7m 0.66% Added +7.4k +7,417
37 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 404,443404.4k $43.1m $43.1m 0.01% Reduced -21.9k -21,887
38 TIAA Wealth Investment Management LLC 0.32% of their portfolio New York, NY 387,522387.5k $41.3m $41.3m 0.32% First filing
39 Beacon Pointe Advisors, LLC 0.22% of their portfolio NEWPORT BEACH, CA 385,215385.2k $41.0m $41.0m 0.22% Added +40.4k +40,376
40 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 372,808372.8k $39.7m $39.7m 0.01% Added +259.0k +259,044
41 Orion Porfolio Solutions, LLC 0.33% of their portfolio OMAHA, NE 366,914366.9k $39.1m $39.1m 0.33% Added +17.3k +17,269
42 DGS Capital Management, LLC 5.79% of their portfolio JERSEY CITY, NJ 330,165330.2k $35.2m $35.2m 5.79% Reduced -7.1k -7,053
43 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 327,556327.6k $34.9m $34.9m 0.04% Added +67.3k +67,261
44 Rockefeller Capital Management L.P. 0.06% of their portfolio NEW YORK, NY 308,233308.2k $32.8m $32.8m 0.06% Added +15.3k +15,284
45 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 298,813298.8k $31.8m $31.8m 0.03% Reduced -16.8k -16,829
46 RMR Wealth Builders 2.47% of their portfolio Montclair, NJ 294,637294.6k $31.4m $31.4m 2.47% Added +6.6k +6,599
47 Willis Johnson & Associates, Inc. 1.76% of their portfolio Houston, TX 283,043283.0k $30.1m $30.1m 1.76% Reduced -4.8k -4,768
48 Gross & Hartman Investments LLC 15.32% of their portfolio LEOLA, PA 276,655276.7k $29.5m $29.5m 15.32% Added +857 +857
49 Modera Wealth Management, LLC 0.35% of their portfolio WESTWOOD, NJ 275,400275.4k $29.3m $29.3m 0.35% Added +22.8k +22,778
50 RITHOLTZ WEALTH MANAGEMENT 0.50% of their portfolio NEW YORK, NY 271,256271.3k $28.9m $28.9m 0.50% Added +9.8k +9,826
51 Glenview Trust Co 0.44% of their portfolio Louisville, KY 263,159263.2k $28.0m $28.0m 0.44% Added +132.5k +132,497
52 OLD NATIONAL BANCORP /IN/ 0.47% of their portfolio EVANSVILLE, IN 262,352262.4k $27.9m $27.9m 0.47% Reduced -19.2k -19,234
53 CITIZENS FINANCIAL GROUP INC/RI 0.38% of their portfolio PROVIDENCE, RI 259,354259.4k $27.6m $27.6m 0.38% Reduced -3.1k -3,147
54 CAHABA WEALTH MANAGEMENT, INC. 1.87% of their portfolio Atlanta, GA 259,110259.1k $27.6m $27.6m 1.87% Reduced -2.4k -2,443
55 Bear Mountain Capital, Inc. 8.31% of their portfolio SEATTLE, WA 258,958259.0k $27.6m $27.6m 8.31% New
56 EP Wealth Advisors, LLC 0.13% of their portfolio TORRANCE, CA 251,628251.6k $26.8m $26.8m 0.13% Added +6.3k +6,281
57 CIBC Bancorp USA Inc. 0.04% of their portfolio CHICAGO, IL 249,190249.2k $26.6m $26.6m 0.04% First filing
58 Merit Financial Group, LLC 0.19% of their portfolio ALPHARETTA, GA 241,506241.5k $25.7m $25.7m 0.19% Added +83.0k +83,028
59 Freestone Capital Holdings, LLC 0.76% of their portfolio Seattle, WA 233,904233.9k $24.9m $24.9m 0.76% Added +33.3k +33,344
60 FIFTH THIRD BANCORP 0.05% of their portfolio CINCINNATI, OH 231,380231.4k $24.6m $24.6m 0.05% Added +228.8k +228,780
61 Safe Harbor Family Capital, LLC 19.27% of their portfolio CHAPEL HILL, NC 231,281231.3k $24.6m $24.6m 19.27% Added +475 +475
62 LVW Advisors, LLC 2.39% of their portfolio PITTSFORD, NY 230,341230.3k $24.5m $24.5m 2.39% Added +12.7k +12,689
63 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.89% of their portfolio BOSTON, MA 222,273222.3k $23.7m $23.7m 0.89% Added +63.1k +63,079
64 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 213,298213.3k $22.7m $22.7m 0.01% Added +77.1k +77,097
65 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 210,257210.3k $22.4m $22.4m 0.03% Reduced -52.0k -52,033
66 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.05% of their portfolio PLYMOUTH, MN 197,812197.8k $20.6m $20.6m 0.05% Reduced -66.8k -66,842
67 MATHER GROUP, LLC. 0.21% of their portfolio CHICAGO, IL 197,700197.7k $21.1m $21.1m 0.21% Added +3.8k +3,774
68 Legacy Edge Advisors, LLC 2.19% of their portfolio SYOSSET, NY 195,954196.0k $20.9m $20.9m 2.19% Added +7.3k +7,309
69 Carnegie Investment Counsel 0.40% of their portfolio PEPPER PIKE, OH 190,620190.6k $20.3m $20.3m 0.40% Reduced -5.3k -5,272
70 Ascent Group, LLC 0.69% of their portfolio VIRGINIA BEACH, VA 187,832187.8k $20.0m $20.0m 0.69% Added +11.5k +11,487
71 Members Trust Co 0.66% of their portfolio TAMPA, FL 187,268187.3k $19.9m $19.9m 0.66% Added +7.5k +7,479
72 Betterment LLC 0.04% of their portfolio NEW YORK, NY 186,835186.8k $19.9m $19.9m 0.04% Reduced -12.6k -12,587
73 GAMMA Investing LLC 0.89% of their portfolio FOSTER CITY, CA 179,558179.6k $19.1m $19.1m 0.89% Added +25.0k +24,968
74 ARKANSAS FINANCIAL GROUP, INC. 2.60% of their portfolio LITTLE ROCK, AR 175,251175.3k $18.7m $18.7m 2.60% Added +970 +970
75 BAILARD, INC. 0.43% of their portfolio Foster City, CA 174,632174.6k $18.6m $18.6m 0.43% Reduced -24.9k -24,896
76 Alesco Advisors, LLC, An ESL Co 0.47% of their portfolio Pittsford, NY 173,848173.8k $18.5m $18.5m 0.47% Reduced -1.2k -1,157
77 One Capital Management, LLC 0.50% of their portfolio WESTLAKE VILLAGE, CA 171,415171.4k $18.3m $18.3m 0.50% Added +3.3k +3,333
78 Ellevest, Inc. 2.44% of their portfolio NEW YORK, NY 164,434164.4k $17.5m $17.5m 2.44% Added +5.2k +5,224
79 BROWN WEALTH MANAGEMENT, LLC 4.25% of their portfolio NAPERVILLE, IL 155,398155.4k $16.5m $16.5m 4.25% Added +5.4k +5,364
80 TD PRIVATE CLIENT WEALTH LLC 0.33% of their portfolio NEW YORK, NY 149,522149.5k $15.9m $15.9m 0.33% Added +17.3k +17,310
81 Dakota Wealth Management 0.34% of their portfolio PALM BEACH GARDENS, FL 147,820147.8k $15.7m $15.7m 0.34% Added +3.2k +3,187
82 Prime Capital Investment Advisors, LLC 0.18% of their portfolio OVERLAND PARK, KS 147,013147.0k $15.7m $15.7m 0.18% Added +336 +336
83 BANK OF HAWAII 0.82% of their portfolio HONOLULU, HI 146,336146.3k $15.6m $15.6m 0.82% Reduced -5.1k -5,104
84 BRANDYWINE OAK PRIVATE WEALTH LLC 1.30% of their portfolio Kennett Square, PA 145,350145.3k $15.5m $15.5m 1.30% Added +8.5k +8,518
85 PEAPACK GLADSTONE FINANCIAL CORP 0.20% of their portfolio BEDMINSTER, NJ 145,078145.1k $15.5m $15.5m 0.20% Added +43.6k +43,599
86 Slow Capital, Inc. 1.95% of their portfolio GREENBRAE, CA 141,308141.3k $15.0m $15.0m 1.95% Added +989 +989
87 FIRST NATIONAL BANK OF OMAHA 0.44% of their portfolio OMAHA, NE 133,231133.2k $14.2m $14.2m 0.44% Added +8.6k +8,570
88 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 1.01% of their portfolio London, X0 130,304130.3k $13.9m $13.9m 1.01% Unchanged
89 Brookstone Capital Management 0.15% of their portfolio WHEATON, IL 124,842124.8k $13.3m $13.3m 0.15% Added +13.8k +13,781
90 Oak Harvest Investment Services 1.38% of their portfolio HOUSTON, TX 124,062124.1k $13.2m $13.2m 1.38% Added +3.2k +3,245
91 Abundance Wealth Counselors 1.89% of their portfolio STATE COLLEGE, PA 123,854123.9k $13.2m $13.2m 1.89% Added +6.4k +6,389
92 Sequoia Financial Advisors, LLC 0.07% of their portfolio Akron, OH 123,473123.5k $13.1m $13.1m 0.07% Added +1.2k +1,234
93 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 122,001122.0k $13.0m $13.0m 0.03% Added +11.3k +11,319
94 FLPUTNAM INVESTMENT MANAGEMENT CO 0.19% of their portfolio PORTLAND, ME 120,870120.9k $12.9m $12.9m 0.19% Added +2.0k +1,978
95 Smithfield Trust Co 0.55% of their portfolio PITTSBURGH, PA 119,192119.2k $12.7m $12.7m 0.55% Added +21.4k +21,362
96 MBL Wealth, LLC 0.96% of their portfolio CHARLOTTE, NC 118,521118.5k $12.6m $12.6m 0.96% Added +26.9k +26,853
97 Wealthcare Advisory Partners LLC 0.24% of their portfolio WEST CHESTER, PA 116,104116.1k $12.4m $12.4m 0.24% Added +20.5k +20,455
98 Grove Bank & Trust 1.39% of their portfolio Miami, FL 115,406115.4k $12.3m $12.3m 1.39% Added +1.7k +1,706
99 Quantinno Capital Management LP 0.02% of their portfolio NEW YORK, NY 114,752114.8k $12.2m $12.2m 0.02% Reduced -887 -887
100 M&T Bank Corp 0.04% of their portfolio BUFFALO, NY 111,949111.9k $11.9m $11.9m 0.04% Reduced -6.1k -6,083