Vault-13

ISHARES TR IMCB

MRGSTR MD CP ETF · ETP · CUSIP 464288208

193 institutional holders -10 vs Q4 2025
12,160,39612.2m shares reported held*
$1.0bnreported value*
12 new 70 added 52 reduced 19 sold out net bought ≈ $138.8m (+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 ($72.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $84.29. Options: 2 managers hold calls ($853.3k notional), 0 hold puts (—).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 143Q4 22: 152Q1 23: 150Q2 23: 155Q3 23: 157Q4 23: 164Q1 24: 167Q2 24: 183Q3 24: 188Q4 24: 184Q1 25: 176Q2 25: 185Q3 25: 192Q4 25: 203Q1 26: 193193Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022143
Q4 2022152
Q1 2023150
Q2 2023155
Q3 2023157
Q4 2023164
Q1 2024167
Q2 2024183
Q3 2024188
Q4 2024184
Q1 2025176
Q2 2025185
Q3 2025192
Q4 2025203
Q1 2026193

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 68 bought or addedQ2 24: 66 cut or sold outQ3 24: 73 bought or addedQ3 24: 65 cut or sold outQ3 24Q4 24: 68 bought or addedQ4 24: 71 cut or sold outQ1 25: 65 bought or addedQ1 25: 67 cut or sold outQ1 25Q2 25: 85 bought or addedQ2 25: 51 cut or sold outQ3 25: 95 bought or addedQ3 25: 56 cut or sold outQ3 25Q4 25: 95 bought or addedQ4 25: 64 cut or sold outQ1 26: 82 bought or addedQ1 26: 71 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20246866
Q3 20247365
Q4 20246871
Q1 20256567
Q2 20258551
Q3 20259556
Q4 20259564
Q1 20268271

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ2 25 calls: $380.1kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $383.4kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $169.4kQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $853.3kQ1 26 puts: $0Q1 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2025$380.1k$00.00
Q3 2025$383.4k$00.00
Q4 2025$169.4k$00.00
Q1 2026$853.3k$00.00

Biggest buyers

RMG Wealth Management LLC New +1,284,701+1.3m
Sunburst Financial Group, LLC Added +105,485+105.5k
Aptus Capital Advisors, LLC Added +105,191+105.2k
HighTower Advisors, LLC Added +81,186+81.2k
RAYMOND JAMES FINANCIAL INC Added +70,940+70.9k
Stratos Wealth Partners, LTD. Added +50,321+50.3k
UBS Group AG Added +32,749+32.7k
Northwest Wealth Advisors, LLC Added +25,129+25.1k
Kestra Advisory Services, LLC Added +15,182+15.2k
ENVESTNET ASSET MANAGEMENT INC Added +14,682+14.7k

Biggest sellers

GOLDMAN SACHS GROUP INC Sold out -43,380-43.4k
GTS SECURITIES LLC Sold out -35,168-35.2k
MML INVESTORS SERVICES, LLC Reduced -25,024-25.0k
WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV Reduced -22,125-22.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -18,972-19.0k
JANE STREET GROUP, LLC Reduced -16,734-16.7k
J.W. COLE ADVISORS, INC. Sold out -13,075-13.1k
AMERIPRISE FINANCIAL INC Reduced -11,821-11.8k
LPL Financial LLC Reduced -10,813-10.8k
Diversify Advisory Services, LLC Sold out -8,540-8.5k

Biggest calls

IMC-Chicago, LLC New $849.1k11.8k shares
GROUP ONE TRADING LLC Reduced $4.3k100 shares

Biggest puts

None

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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 HighTower Advisors, LLC 0.17% of their portfolio CHICAGO, IL 1,927,5131.9m $160.8m $160.8m 0.17% Added +81.2k +81,186
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,508,9811.5m $125.9m $125.9m 0.01% Added +7.4k +7,432
3 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,364,5091.4m $113.8m $113.8m 0.02% Added +32.7k +32,749
4 RMG Wealth Management LLC 13.54% of their portfolio PLATTEVILLE, WI 1,284,7011.3m $117.3m $117.3m 13.54% New
5 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 569,148569.1k $47.5m $47.5m 0.01% Added +70.9k +70,940
6 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 445,448445.4k $37.2m $37.2m 0.01% Reduced -10.8k -10,813
7 MEANS INVESTMENT CO., INC. 3.15% of their portfolio BANGOR, ME 432,405432.4k $36.1m $36.1m 3.15% Added +4.4k +4,392
8 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 240,763240.8k $20.1m $20.1m 0.02% Added +3.3k +3,280
9 Aptus Capital Advisors, LLC 0.16% of their portfolio FAIRHOPE, AL 222,148222.1k $18.5m $18.5m 0.16% Added +105.2k +105,191
10 Sunburst Financial Group, LLC 3.54% of their portfolio VESTAVIA HILLS, AL 220,648220.6k $18.4m $18.4m 3.54% Added +105.5k +105,485
11 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 211,454211.5k $17.6m $17.6m 0.00% Added +6.6k +6,627
12 Steele Capital Management, Inc. 0.66% of their portfolio DUBUQUE, IA 191,542191.5k $16.0m $16.0m 0.66% Added +2.4k +2,352
13 Matrix Trust Co 2.63% of their portfolio DENVER, CO 189,793189.8k $15.8m $15.8m 2.63% Added +603 +603
14 Stratos Wealth Partners, LTD. 0.18% of their portfolio BEACHWOOD, OH 187,984188.0k $15.7m $15.7m 0.18% Added +50.3k +50,321
15 CREATIVE FINANCIAL DESIGNS INC /ADV 0.95% of their portfolio KOKOMO, IN 186,408186.4k $15.6m $15.6m 0.95% Added +7.0k +6,966
16 Fortitude Financial, LLC 8.06% of their portfolio Spokane, WA 182,541182.5k $15.2m $15.2m 8.06% Added +7.9k +7,875
17 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 175,656175.7k $14.7m $14.7m 0.02% Reduced -3.8k -3,805
18 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 149,314149.3k $12.5m $12.5m 0.00% Reduced -11.8k -11,821
19 Northwest Wealth Advisors, LLC 8.53% of their portfolio BELLINGHAM, WA 143,117143.1k $11.9m $11.9m 8.53% Added +25.1k +25,129
20 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 119,402119.4k $10.0m $10.0m 0.01% Added +6.6k +6,641
21 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 117,073117.1k $9.8m $9.8m 0.04% Added +15.2k +15,182
22 Farther Finance Advisors, LLC 0.09% of their portfolio SAN FRANCISCO, CA 114,271114.3k $9.6m $9.6m 0.09% Added +8.9k +8,893
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 113,351113.4k $9.5m $9.5m 0.00% Added +3.8k +3,818
24 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 104,467104.5k $8.7m $8.7m 0.00% Reduced -2.5k -2,506
25 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 98,15198.2k $8.2m $8.2m 0.02% Reduced -25.0k -25,024
26 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 95,50595.5k $8.0m $8.0m 0.02% Added +12.1k +12,113
27 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 81,10181.1k $6.8m $6.8m 0.00% Added +14.7k +14,682
28 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 72,64272.6k $6.1m $6.1m 0.01% Reduced -1.3k -1,315
29 PACIFIC FINANCIAL GROUP INC 3.00% of their portfolio NASHVILLE, TN 66,73266.7k $5.6m $5.6m 3.00% Reduced -1.5k -1,488
30 YARGER WEALTH STRATEGIES, LLC 2.20% of their portfolio WESTERVILLE, OH 65,05165.1k $5.4m $5.4m 2.20% Reduced -1.2k -1,227
31 Gladstone Institutional Advisory LLC 0.20% of their portfolio Bedminster, NJ 63,43063.4k $5.3m $5.3m 0.20% Reduced -700 -700
32 Carnegie Investment Counsel 0.10% of their portfolio PEPPER PIKE, OH 60,33160.3k $5.0m $5.0m 0.10% Reduced -137 -137
33 Bedel Financial Consulting, Inc. 0.57% of their portfolio INDIANAPOLIS, IN 59,64559.6k $5.0m $5.0m 0.57% Added +5.9k +5,910
34 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 51,88551.9k $4.3m $4.3m 0.01% Reduced -2.3k -2,268
35 Summit Financial, LLC 0.05% of their portfolio PARSIPPANY, NJ 49,36049.4k $4.1m $4.1m 0.05% Added +4.5k +4,482
36 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 44,27344.3k $3.7m $3.7m 0.00% Added +3.0k +3,019
37 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 41,02441.0k $3.4m $3.4m 0.02% Added +6.2k +6,222
38 Goldstein Advisors, LLC 0.35% of their portfolio Madison, WI 37,78637.8k $3.2m $3.2m 0.35% Reduced -555 -555
39 Sowell Financial Services LLC 0.11% of their portfolio NORTH LITTLE ROCK, AR 35,98536.0k $3.0m $3.0m 0.11% Reduced -1.9k -1,906
40 Brand Asset Management Group, Inc. 0.77% of their portfolio CHESTERFIELD, MO 35,69835.7k $3.0m $3.0m 0.77% Reduced -382 -382
41 United Advisor Group, LLC 0.32% of their portfolio CINCINNATI, OH 30,73930.7k $2.6m $2.6m 0.32% Reduced -484 -484
42 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 28,03828.0k $2.3m $2.3m 0.00% Added +727 +727
43 Merit Financial Group, LLC 0.02% of their portfolio ALPHARETTA, GA 27,77227.8k $2.3m $2.3m 0.02% Added +113 +113
44 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 27,16727.2k $2.3m $2.3m 0.00% Reduced -2.5k -2,533
45 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 24,97925.0k $2.1m $2.1m 0.00% Added +4.0k +4,000
46 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 22,56322.6k $1.9m $1.9m 0.00% Reduced -7.9k -7,894
47 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 19,44419.4k $1.6m $1.6m 0.00% Added +6.4k +6,403
48 Pitti Group Wealth Management, LLC 1.20% of their portfolio VICTOR, NY 17,67417.7k $1.5m $1.5m 1.20% Added +1.4k +1,408
49 PARSONS CAPITAL MANAGEMENT INC/RI 0.07% of their portfolio PROVIDENCE, RI 17,19817.2k $1.4m $1.4m 0.07% Unchanged
50 JIM SAULNIER & ASSOCIATES, LLC 0.68% of their portfolio FORT COLLINS, CO 16,70216.7k $1.4m $1.4m 0.68% Reduced -95 -95
51 FMR LLC 0.00% of their portfolio BOSTON, MA 15,81415.8k $1.3m $1.3m 0.00% Added +182 +182
52 Rede Wealth, LLC 0.47% of their portfolio CHARLOTTESVILLE, VA 15,70215.7k $1.3m $1.3m 0.47% Added +4.3k +4,345
53 CWM, LLC 0.00% of their portfolio OMAHA, NE 14,75114.8k $1.2m $1.2m 0.00% Added +374 +374
54 VestGen Advisors, LLC 0.04% of their portfolio CHICAGO, IL 14,53414.5k $1.3m $1.3m 0.04% Reduced -1.2k -1,233
55 Ameritas Investment Partners, Inc. 0.03% of their portfolio LINCOLN, NE 13,46613.5k $1.1m $1.1m 0.03% Added +4.1k +4,059
56 Bleakley Financial Group, LLC 0.02% of their portfolio PARSIPPANY, NJ 13,40813.4k $1.1m $1.1m 0.02% Reduced -875 -875
57 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 11,60511.6k $968.2k $968.2k 0.01% Reduced -303 -303
58 Apella Capital, LLC 0.02% of their portfolio WEST HARTFORD, CT 11,53211.5k $1.0m $1.0m 0.02% Unchanged
59 S.A. Mason LLC 0.36% of their portfolio HOLLAND, MI 11,49811.5k $959.3k $959.3k 0.36% Reduced -170 -170
60 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 9,9349.9k $828.8k $828.8k 0.00% Reduced -19.0k -18,972
61 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 9,7309.7k $812.0k $812.0k 0.00% Reduced -499 -499
62 Summit Asset Management, LLC 0.11% of their portfolio MEMPHIS, TN 9,5549.6k $797.1k $797.1k 0.11% Unchanged
63 Capital Planning Advisors, LLC 0.11% of their portfolio Roseville, CA 9,4149.4k $785.4k $785.4k 0.11% Added +877 +877
64 RITHOLTZ WEALTH MANAGEMENT 0.01% of their portfolio NEW YORK, NY 9,2249.2k $769.6k $769.6k 0.01% New
65 Opulen Financial Group LLC 0.54% of their portfolio ARLINGTON, VA 9,2139.2k $768.6k $768.6k 0.54% Reduced -73 -73
66 Geneos Wealth Management Inc. 0.02% of their portfolio ENGLEWOOD, CO 8,9448.9k $746.2k $746.2k 0.02% Added +925 +925
67 FLAGSTAR SECURITIES, INC 0.27% of their portfolio New York, NY 8,7958.8k $733.8k $733.8k 0.27% Reduced -2.6k -2,614
68 Composition Wealth, LLC 0.01% of their portfolio LOS ANGELES, CA 8,7838.8k $732.8k $732.8k 0.01% Reduced -950 -950
69 Proactive Wealth Strategies LLC 0.13% of their portfolio MARIETTA, GA 8,6048.6k $717.9k $717.9k 0.13% Added +4.3k +4,314
70 Financial Perspectives, Inc 0.20% of their portfolio MINNEAPOLIS, MN 8,5918.6k $716.8k $716.8k 0.20% Added +555 +555
71 TRUEFG, LLC 0.19% of their portfolio CEDAR PARK, TX 8,5718.6k $715.1k $715.1k 0.19% Reduced -48 -48
72 DIVERSIFY WEALTH MANAGEMENT, LLC 0.01% of their portfolio SANDY, UT 8,5138.5k $756.1k $756.1k 0.01% New
73 Hilltop Holdings Inc. 0.06% of their portfolio DALLAS, TX 7,9538.0k $663.5k $663.5k 0.06% Unchanged
74 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 7,7287.7k $644.7k $644.7k 0.01% Unchanged
75 Triad Wealth Partners, LLC 0.05% of their portfolio LAWRENCE, KS 7,6327.6k $636.7k $636.7k 0.05% Reduced -372 -372
76 Three Seasons Wealth, LLC 0.23% of their portfolio SALT LAKE CITY, UT 7,1707.2k $598.2k $598.2k 0.23% Added +309 +309
77 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 6,8536.9k $571.0k $571.0k 0.00% New
78 LAWOOD & CO 0.52% of their portfolio WILLIAMSPORT, PA 6,7366.7k $562.0k $562.0k 0.52% Unchanged
79 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 6,6066.6k $551.1k $551.1k 0.00% New
80 Haverford Trust Co 0.01% of their portfolio Radnor, PA 6,6016.6k $550.7k $550.7k 0.01% Unchanged
81 GWN SECURITIES INC. 0.11% of their portfolio Palm Beach Gardens, FL 6,5806.6k $549.0k $549.0k 0.11% Added +215 +215
82 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 6,4966.5k $542.0k $542.0k 0.01% Unchanged
83 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 6,4716.5k $539.8k $539.8k 0.00% Added +9 +9
84 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 6,3766.4k $531.9k $531.9k 0.00% Reduced -167 -167
85 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 5,6485.6k $471.2k $471.2k 0.01% Reduced -17 -17
86 Independent Advisor Alliance 0.01% of their portfolio CHARLOTTE, NC 5,6285.6k $469.5k $469.5k 0.01% New
87 Hoxton Planning & Management, LLC 0.14% of their portfolio SHEPHERDSTOWN, WV 5,5865.6k $466.0k $466.0k 0.14% Added +389 +389
88 Mariner, LLC 0.00% of their portfolio Overland Park, KS 5,5435.5k $462.5k $462.5k 0.00% Reduced -1.8k -1,773
89 Financial Futures Ltd Liability Co. 0.20% of their portfolio BRIELLE, NJ 5,4815.5k $457.3k $457.3k 0.20% Reduced -80 -80
90 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.00% of their portfolio CHARLOTTE, NC 5,4765.5k $456.9k $456.9k 0.00% First filing
91 CIBC Bancorp USA Inc. 0.00% of their portfolio CHICAGO, IL 5,3945.4k $450.0k $450.0k 0.00% First filing
92 Kaydan Wealth Management, Inc. 0.15% of their portfolio FENTON, MI 5,3925.4k $449.9k $449.9k 0.15% Unchanged
93 PFG Investments, LLC 0.02% of their portfolio WOODBURY, NY 5,3565.4k $446.9k $446.9k 0.02% Reduced -798 -798
94 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 5,0895.1k $424.6k $424.6k 0.01% Added +459 +459
95 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 5,0875.1k $424.4k $424.4k 0.00% Added +3.1k +3,099
96 Vise Technologies, Inc. 0.01% of their portfolio NEW YORK, NY 4,9785.0k $411.8k $411.8k 0.01% Unchanged
97 American Trust 0.04% of their portfolio LEXINGTON, KY 4,9294.9k $411.2k $411.2k 0.04% Reduced -5.5k -5,514
98 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 4,8424.8k $394.0k $394.0k 0.00% Added +14 +14
99 49 WEALTH MANAGEMENT, LLC 0.03% of their portfolio AUSTIN, TX 4,8424.8k $404.0k $404.0k 0.03% Added +14 +14
100 Marshall Financial Group, LLC 0.06% of their portfolio Hunt Valley, MD 4,8124.8k $401.5k $401.5k 0.06% Added +53 +53