Vault-13

ISHARES TR ACWX

MSCI ACWI EX US · ETP · CUSIP 464288240

500 institutional holders -1 vs Q4 2024
66,228,37366.2m shares reported held*
$3.8bnreported value*
55 new 129 added 162 reduced 50 sold out net sold ≈ $58.4m (-1.5m 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 ($3.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $57.12. Options: 1 managers hold calls ($5.5k notional), 1 hold puts ($72.1k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 367Q4 22: 424Q1 23: 409Q2 23: 418Q3 23: 427Q4 23: 462Q1 24: 443Q2 24: 454Q3 24: 461Q4 24: 501Q1 25: 500500Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022367
Q4 2022424
Q1 2023409
Q2 2023418
Q3 2023427
Q4 2023462
Q1 2024443
Q2 2024454
Q3 2024461
Q4 2024501
Q1 2025500

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 178 bought or addedQ2 23: 164 cut or sold outQ3 23: 161 bought or addedQ3 23: 155 cut or sold outQ3 23Q4 23: 197 bought or addedQ4 23: 165 cut or sold outQ1 24: 142 bought or addedQ1 24: 209 cut or sold outQ1 24Q2 24: 207 bought or addedQ2 24: 167 cut or sold outQ3 24: 156 bought or addedQ3 24: 185 cut or sold outQ3 24Q4 24: 245 bought or addedQ4 24: 155 cut or sold outQ1 25: 184 bought or addedQ1 25: 212 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023178164
Q3 2023161155
Q4 2023197165
Q1 2024142209
Q2 2024207167
Q3 2024156185
Q4 2024245155
Q1 2025184212

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ2 24 calls: $42.5kQ2 24 puts: $5.4mQ2 24P/C 126.04Q3 24 calls: $0Q3 24 puts: $309.0kQ3 24P/C —Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $5.5kQ1 25 puts: $72.1kQ1 25P/C 13.00
Numbers
QuarterCallsPutsP/C
Q2 2024$42.5k$5.4m126.04
Q3 2024$0$309.0k—
Q4 2024$0$0—
Q1 2025$5.5k$72.1k13.00

Biggest buyers

Merit Financial Group, LLC Added +1,701,588+1.7m
Focus Partners Wealth Added +1,362,172+1.4m
Abundance Wealth Counselors New +508,265+508.3k
MORGAN STANLEY Added +485,398+485.4k
JANE STREET GROUP, LLC Added +259,317+259.3k
OLD MISSION CAPITAL LLC New +200,281+200.3k
Federation des caisses Desjardins du Quebec Added +182,477+182.5k
Winthrop Advisory Group LLC Added +162,790+162.8k
Madrona Financial Services, LLC Added +160,692+160.7k
ENVESTNET ASSET MANAGEMENT INC Added +143,411+143.4k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -1,580,671-1.6m
LAZARD ASSET MANAGEMENT LLC Reduced -773,840-773.8k
Clark Capital Management Group, Inc. Reduced -572,906-572.9k
ROYAL BANK OF CANADA Reduced -450,571-450.6k
Harding Loevner LP Sold out -427,258-427.3k
CIBC Private Wealth Group LLC Reduced -412,279-412.3k
JENNISON ASSOCIATES LLC Reduced -394,576-394.6k
THORNBURG INVESTMENT MANAGEMENT INC Reduced -349,152-349.2k
POLEN CAPITAL MANAGEMENT LLC Reduced -321,503-321.5k
AMERIPRISE FINANCIAL INC Reduced -310,578-310.6k

Biggest calls

CITADEL ADVISORS LLC New $5.5k100 shares

Biggest puts

CITADEL ADVISORS LLC New $72.1k1.3k 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 5,917,7015.9m $328.1m $328.1m 0.03% Reduced -1.6m -1,580,671
2 BlackRock, Inc. 0.01% of their portfolio New York, NY 4,743,6734.7m $263.0m $263.0m 0.01% Reduced -176.7k -176,707
3 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 4,020,7404.0m $223.0m $223.0m 0.02% Added +485.4k +485,398
4 UBS Group AG 0.03% of their portfolio ZURICH, V8 2,844,2022.8m $157.7m $157.7m 0.03% Added +132.4k +132,418
5 Merit Financial Group, LLC 1.42% of their portfolio ALPHARETTA, GA 1,712,7001.7m $95.0m $95.0m 1.42% Added +1.7m +1,701,588
6 GERMAN AMERICAN BANCORP, INC. 9.40% of their portfolio JASPER, IN 1,576,5111.6m $87.4m $87.4m 9.40% Added +21.3k +21,275
7 Sageworth Trust Co 5.10% of their portfolio LANCASTER, PA 1,479,5901.5m $82.0m $82.0m 5.10% Reduced -9.3k -9,286
8 Focus Partners Wealth 0.20% of their portfolio ST LOUIS, MO 1,421,2541.4m $78.8m $78.8m 0.20% Added +1.4m +1,362,172
9 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,222,5351.2m $67.8m $67.8m 0.01% Added +23.3k +23,283
10 JANE STREET GROUP, LLC 0.12% of their portfolio NEW YORK, NY 1,198,9531.2m $66.5m $66.5m 0.12% Added +259.3k +259,317
11 REGIONS FINANCIAL CORP 0.47% of their portfolio BIRMINGHAM, AL 1,135,9891.1m $63.0m $63.0m 0.47% Reduced -8.9k -8,933
12 Cliffwater LLC 15.93% of their portfolio MARINA DEL REY, CA 1,098,6771.1m $60.9m $60.9m 15.93% Unchanged
13 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,069,1861.1m $59.3m $59.3m 0.02% Reduced -310.6k -310,578
14 GLENMEDE TRUST CO NA 0.31% of their portfolio PHILADELPHIA, PA 1,051,5101.1m $58.3m $58.3m 0.31% Reduced -10.0k -9,969
15 CAPTRUST FINANCIAL ADVISORS 0.15% of their portfolio RALEIGH, NC 1,047,7561.0m $58.1m $58.1m 0.15% Reduced -41.4k -41,448
16 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,046,6381.0m $58.0m $58.0m 0.02% Added +143.4k +143,411
17 Winthrop Advisory Group LLC 6.14% of their portfolio BOSTON, MA 920,403920.4k $51.0m $51.0m 6.14% Added +162.8k +162,790
18 Cerity Partners LLC 0.10% of their portfolio NEW YORK, NY 876,441876.4k $48.6m $48.6m 0.10% Added +76.7k +76,706
19 Calamos Wealth Management LLC 2.40% of their portfolio NAPERVILLE, IL 866,139866.1k $48.0m $48.0m 2.40% Added +6.1k +6,139
20 BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio PARIS, I0 851,932851.9k $47.2m $47.2m 0.04% First filing
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 837,936837.9k $46.5m $46.5m 0.00% Reduced -37.9k -37,936
22 TLWM 9.12% of their portfolio SAN ANTONIO, TX 822,823822.8k $45.6m $45.6m 9.12% Reduced -723 -723
23 GM Advisory Group, LLC 2.31% of their portfolio MELVILLE, NY 772,289772.3k $42.8m $42.8m 2.31% Added +91.7k +91,701
24 US BANCORP \DE\ 0.06% of their portfolio MINNEAPOLIS, MN 746,220746.2k $41.4m $41.4m 0.06% Reduced -14.1k -14,136
25 AMG National Trust Bank 1.10% of their portfolio GREENWOOD VILLAGE, CO 708,737708.7k $39.3m $39.3m 1.10% Reduced -22.6k -22,573
26 WESBANCO BANK INC 1.31% of their portfolio WHEELING, WV 682,895682.9k $37.9m $37.9m 1.31% Added +19.5k +19,492
27 Johnson Financial Group, Inc. 1.70% of their portfolio RACINE, WI 625,222625.2k $34.7m $34.7m 1.70% Reduced -24.0k -23,963
28 Abundance Wealth Counselors 5.90% of their portfolio STATE COLLEGE, PA 508,265508.3k $28.2m $28.2m 5.90% New
29 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 489,868489.9k $27.2m $27.2m 0.01% Reduced -20.4k -20,386
30 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 485,398485.4k $26.9m $26.9m 0.01% Added +12.5k +12,481
31 MML INVESTORS SERVICES, LLC 0.09% of their portfolio SPRINGFIELD, MA 476,559476.6k $26.4m $26.4m 0.09% Added +5.2k +5,158
32 Advus Financial Partners, LLC 7.23% of their portfolio WINTER PARK, FL 465,443465.4k $25.8m $25.8m 7.23% Added +26.5k +26,499
33 Kestra Advisory Services, LLC 0.12% of their portfolio AUSTIN, TX 460,744460.7k $25.5m $25.5m 0.12% Added +70.4k +70,395
34 Itau Unibanco Holding S.A. 0.97% of their portfolio SAO PAULO, D5 454,713454.7k $25.2m $25.2m 0.97% Added +60.1k +60,100
35 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 445,993446.0k $24.7m $24.7m 0.01% Added +105.7k +105,741
36 Capital Investment Advisors, LLC 0.48% of their portfolio ATLANTA, GA 442,173442.2k $24.5m $24.5m 0.48% Reduced -7.1k -7,105
37 Clal Insurance Enterprises Holdings Ltd 0.25% of their portfolio Tel-aviv, L3 441,920441.9k $24.5m $24.5m 0.25% Unchanged
38 Cadence Bank 1.65% of their portfolio Tupelo, MS 416,334416.3k $23.1m $23.1m 1.65% Reduced -1.9k -1,883
39 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 396,761396.8k $22.0m $22.0m 0.01% Reduced -295.1k -295,114
40 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 345,465345.5k $19.2m $19.2m 0.01% Reduced -20.2k -20,170
41 FMR LLC 0.00% of their portfolio BOSTON, MA 343,794343.8k $19.1m $19.1m 0.00% Added +124.8k +124,803
42 Cornerstone Wealth Group, LLC 1.55% of their portfolio HUNTERSVILLE, NC 336,577336.6k $18.7m $18.7m 1.55% Reduced -16.3k -16,263
43 Federation des caisses Desjardins du Quebec 0.09% of their portfolio LEVIS, A8 315,392315.4k $17.5m $17.5m 0.09% Added +182.5k +182,477
44 Heritage Wealth Advisors 0.87% of their portfolio RICHMOND, VA 309,464309.5k $17.2m $17.2m 0.87% Unchanged
45 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 0.99% of their portfolio SAN FRANCISCO, CA 308,785308.8k $17.1m $17.1m 0.99% Unchanged
46 Spire Wealth Management 0.53% of their portfolio MCLEAN, VA 300,863300.9k $16.7m $16.7m 0.53% Reduced -7.1k -7,115
47 BLAIR WILLIAM & CO/IL 0.05% of their portfolio CHICAGO, IL 296,459296.5k $16.4m $16.4m 0.05% Added +9.7k +9,699
48 Legacy Private Trust Co. 1.08% of their portfolio NEENAH, WI 282,669282.7k $15.7m $15.7m 1.08% Reduced -10.6k -10,568
49 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 281,782281.8k $15.6m $15.6m 0.02% Reduced -3.3k -3,335
50 Mariner, LLC 0.03% of their portfolio Overland Park, KS 272,480272.5k $15.1m $15.1m 0.03% Added +12.8k +12,818
51 Sequoia Financial Advisors, LLC 0.12% of their portfolio Akron, OH 268,940268.9k $14.9m $14.9m 0.12% Added +39.1k +39,122
52 COMERICA BANK 0.06% of their portfolio DALLAS, TX 265,361265.4k $14.7m $14.7m 0.06% Reduced -60.0k -60,017
53 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 265,188265.2k $14.7m $14.7m 0.03% Added +13.6k +13,621
54 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 263,770263.8k $14.6m $14.6m 0.00% Reduced -450.6k -450,571
55 Mill Creek Capital Advisors, LLC 0.33% of their portfolio Conshohocken, PA 249,018249.0k $13.8m $13.8m 0.33% Reduced -18 -18
56 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 248,110248.1k $13.8m $13.8m 0.02% Reduced -2.9k -2,892
57 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 247,240247.2k $13.7m $13.7m 0.00% Unchanged
58 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 234,563234.6k $13.0m $13.0m 0.02% Reduced -773.8k -773,840
59 CMH Wealth Management LLC 3.25% of their portfolio PORTSMOUTH, NH 233,807233.8k $13.0m $13.0m 3.25% Added +2.8k +2,764
60 THORNBURG INVESTMENT MANAGEMENT INC 0.17% of their portfolio SANTA FE, NM 215,665215.7k $119.6m $119.6m 0.17% Reduced -349.2k -349,152
61 BAILARD, INC. 0.29% of their portfolio Foster City, CA 206,094206.1k $11.4m $11.4m 0.29% Reduced -35.3k -35,256
62 OLD MISSION CAPITAL LLC 0.21% of their portfolio CHICAGO, IL 200,281200.3k $11.1m $11.1m 0.21% New
63 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 187,254187.3k $10.4m $10.4m 0.03% Reduced -8.7k -8,693
64 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 181,163181.2k $10.0m $10.0m 0.02% Reduced -15.1k -15,109
65 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 181,145181.1k $10.0m $10.0m 0.02% Reduced -292.8k -292,827
66 PARK AVENUE SECURITIES LLC 0.12% of their portfolio NEW YORK, NY 180,514180.5k $10.0m $10.0m 0.12% Added +30.3k +30,339
67 Lido Advisors, LLC 0.06% of their portfolio Los Angeles, CA 179,917179.9k $10.0m $10.0m 0.06% Reduced -13.7k -13,693
68 PITCAIRN CO 0.58% of their portfolio CONSHOHOCKEN, PA 174,436174.4k $9.7m $9.7m 0.58% Reduced -7.0k -6,998
69 Madrona Financial Services, LLC 2.60% of their portfolio EVERETT, WA 170,283170.3k $9.4m $9.4m 2.60% Added +160.7k +160,692
70 Beacon Pointe Advisors, LLC 0.11% of their portfolio NEWPORT BEACH, CA 168,770168.8k $9.4m $9.4m 0.11% Added +140.8k +140,830
71 NewEdge Advisors, LLC 0.06% of their portfolio NEW ORLEANS, LA 167,752167.8k $9.3m $9.3m 0.06% Reduced -52.3k -52,306
72 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.07% of their portfolio Stamford, CT 165,631165.6k $9.2m $9.2m 0.07% Added +32.1k +32,130
73 WHITTIER TRUST CO 0.12% of their portfolio SOUTH PASADENA, CA 159,271159.3k $8.8m $8.8m 0.12% Added +3.3k +3,278
74 Trust Co 1.02% of their portfolio MANHATTAN, KS 155,516155.5k $8.6m $8.6m 1.02% Added +7.4k +7,408
75 GLOBALT Investments LLC / GA 0.35% of their portfolio Atlanta, GA 155,055155.1k $8.6m $8.6m 0.35% Reduced -15.7k -15,650
76 Premier Path Wealth Partners, LLC 1.32% of their portfolio MADISON, NJ 152,929152.9k $8.5m $8.5m 1.32% Added +15.9k +15,940
77 LOWE BROCKENBROUGH & CO INC 0.55% of their portfolio RICHMOND, VA 150,220150.2k $8.3m $8.3m 0.55% Added +80.0k +80,000
78 Arcadia Wealth Management, LLC 4.11% of their portfolio Manchester, NH 150,186150.2k $8.3m $8.3m 4.11% Added +9.6k +9,626
79 CUMBERLAND ADVISORS INC 3.75% of their portfolio SARASOTA, FL 149,165149.2k $8.3m $8.3m 3.75% Added +1.2k +1,230
80 Charter Oak Capital Management, LLC 0.75% of their portfolio PORTSMOUTH, NH 148,181148.2k $8.2m $8.2m 0.75% Reduced -2.8k -2,827
81 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 147,049147.0k $8.2m $8.2m 0.01% Reduced -55.3k -55,252
82 JOHNSON INVESTMENT COUNSEL INC 0.08% of their portfolio Cincinnati, OH 145,170145.2k $8.0m $8.0m 0.08% Reduced -5.0k -4,974
83 Cassia Capital Partners, LLC 4.98% of their portfolio WINSTON SALEM, NC 143,994144.0k $8.0m $8.0m 4.98% Reduced -2.2k -2,174
84 ICONIQ Capital, LLC 0.14% of their portfolio SAN FRANCISCO, CA 142,174142.2k $7.9m $7.9m 0.14% Unchanged
85 SSI INVESTMENT MANAGEMENT LLC 0.60% of their portfolio Los Angeles, CA 138,822138.8k $7.7m $7.7m 0.60% New
86 NISA INVESTMENT ADVISORS, LLC 0.04% of their portfolio ST. LOUIS, MO 135,300135.3k $7.5m $7.5m 0.04% Unchanged
87 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 133,022133.0k $7.4m $7.4m 0.01% Reduced -8.4k -8,443
88 Orion Portfolio Solutions, LLC 0.03% of their portfolio Omaha, NE 128,974129.0k $6.9m $6.9m 0.03% Added +66.8k +66,805
89 State of Wyoming 0.93% of their portfolio CHEYENNE, WY 126,430126.4k $7.0m $7.0m 0.93% Reduced -7.5k -7,539
90 SENTINEL TRUST CO LBA 0.83% of their portfolio HOUSTON, TX 126,363126.4k $7.0m $7.0m 0.83% Reduced -9.4k -9,390
91 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 120,779120.8k $6.7m $6.7m 0.02% Reduced -65.2k -65,230
92 Blue Trust, Inc. 0.08% of their portfolio BRENTWOOD, TN 116,940116.9k $6.5m $6.5m 0.08% Reduced -2.1k -2,128
93 MARTIN & CO INC /TN/ 1.24% of their portfolio Knoxville, TN 115,969116.0k $6.4m $6.4m 1.24% Added +2.8k +2,806
94 Sand Hill Global Advisors, LLC 0.26% of their portfolio Palo Alto, CA 115,173115.2k $6.4m $6.4m 0.26% Unchanged
95 Apella Capital, LLC 0.20% of their portfolio WEST HARTFORD, CT 108,335108.3k $5.7m $5.7m 0.20% Reduced -1.6k -1,605
96 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 107,181107.2k $5.9m $5.9m 0.01% Reduced -9.3k -9,312
97 COLDSTREAM CAPITAL MANAGEMENT INC 0.12% of their portfolio BELLEVUE, WA 103,970104.0k $5.8m $5.8m 0.12% Added +300 +300
98 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 102,432102.4k $5.7m $5.7m 0.01% Reduced -1.6k -1,617
99 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 102,095102.1k $5.7m $5.7m 0.01% Reduced -18.8k -18,764
100 Goelzer Investment Management, Inc. 0.33% of their portfolio CARMEL, IN 101,682101.7k $5.6m $5.6m 0.33% Reduced -5.2k -5,198