Vault-13

ISHARES TR ACWX

MSCI ACWI EX US · ETP · CUSIP 464288240

709 institutional holders +101 vs Q4 2025
98,675,31598.7m shares reported held*
$6.8bnreported value*
143 new 248 added 152 reduced 42 sold out net bought ≈ $1.0bn (+14.2m 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 ($14.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $68.62. Options: 2 managers hold calls ($2.9m notional), 2 hold puts ($1.5m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 367Q4 22: 424Q1 23: 409Q2 23: 418Q3 23: 427Q4 23: 462Q1 24: 443Q2 24: 454Q3 24: 461Q4 24: 501Q1 25: 500Q2 25: 537Q3 25: 551Q4 25: 608Q1 26: 709709Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022367
Q4 2022424
Q1 2023409
Q2 2023418
Q3 2023427
Q4 2023462
Q1 2024443
Q2 2024454
Q3 2024461
Q4 2024501
Q1 2025500
Q2 2025537
Q3 2025551
Q4 2025608
Q1 2026709

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 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 25Q2 25: 253 bought or addedQ2 25: 174 cut or sold outQ3 25: 230 bought or addedQ3 25: 179 cut or sold outQ3 25Q4 25: 318 bought or addedQ4 25: 149 cut or sold outQ1 26: 391 bought or addedQ1 26: 194 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024207167
Q3 2024156185
Q4 2024245155
Q1 2025184212
Q2 2025253174
Q3 2025230179
Q4 2025318149
Q1 2026391194

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $214.8kQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $2.9mQ1 26 puts: $1.5mQ1 26P/C 0.52
Numbers
QuarterCallsPutsP/C
Q2 2025$0$0—
Q3 2025$0$0—
Q4 2025$214.8k$00.00
Q1 2026$2.9m$1.5m0.52

Biggest buyers

FERGUSON WELLMAN CAPITAL MANAGEMENT, INC New +5,501,207+5.5m
JPMORGAN CHASE & CO Added +1,268,872+1.3m
Koss-Olinger Consulting, LLC New +1,194,344+1.2m
Sand Hill Global Advisors, LLC Added +1,168,514+1.2m
NORTHERN TRUST CORP Added +1,048,749+1.0m
Calamos Advisors LLC Added +1,035,798+1.0m
UBS Group AG Added +809,002+809.0k
MORGAN STANLEY Added +785,134+785.1k
Cerity Partners LLC Added +583,164+583.2k
LPL Financial LLC Added +563,231+563.2k

Biggest sellers

JANE STREET GROUP, LLC Sold out -2,400,049-2.4m
ACADIAN ASSET MANAGEMENT LLC Sold out -2,252,690-2.3m
Cliffwater LLC Sold out -1,048,621-1.0m
Select Equity Group, L.P. Sold out -600,269-600.3k
ROYAL BANK OF CANADA Reduced -487,277-487.3k
GOLDMAN SACHS GROUP INC Reduced -452,183-452.2k
Corient Private Wealth LP Reduced -323,042-323.0k
Goelzer Investment Management, Inc. Reduced -297,825-297.8k
Align Financial, LLC Sold out -296,245-296.2k
JENNISON ASSOCIATES LLC Reduced -288,157-288.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.6m38.4k shares
Belvedere Trading LLC New $226.0k3.3k shares

Biggest puts

BARCLAYS PLC New $1.0m15.0k shares
CITADEL ADVISORS LLC New $451.9k6.6k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 7,161,7177.2m $490.4m $490.4m 0.04% Reduced -76.7k -76,711
2 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 6,121,8206.1m $419.2m $419.2m 0.03% Added +785.1k +785,134
3 FERGUSON WELLMAN CAPITAL MANAGEMENT, INC 5.15% of their portfolio PORTLAND, OR 5,501,2075.5m $376.7m $376.7m 5.15% New
4 BlackRock, Inc. 0.01% of their portfolio New York, NY 4,612,0614.6m $315.8m $315.8m 0.01% Added +168.7k +168,693
5 UBS Group AG 0.04% of their portfolio ZURICH, V8 3,570,5203.6m $244.5m $244.5m 0.04% Added +809.0k +809,002
6 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 2,152,1542.2m $147.4m $147.4m 0.04% Added +450.6k +450,604
7 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,123,1222.1m $140.7m $140.7m 0.01% Added +1.3m +1,268,872
8 Focus Partners Wealth 0.14% of their portfolio ST LOUIS, MO 1,801,8701.8m $123.4m $123.4m 0.14% Added +119.3k +119,289
9 GERMAN AMERICAN BANCORP, INC. 9.88% of their portfolio JASPER, IN 1,677,6981.7m $114.9m $114.9m 9.88% Added +65.6k +65,595
10 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 1,629,9461.6m $111.5m $111.5m 0.03% Reduced -273.8k -273,810
11 Cerity Partners LLC 0.15% of their portfolio NEW YORK, NY 1,521,3661.5m $104.2m $104.2m 0.15% Added +583.2k +583,164
12 Sageworth Trust Co 4.16% of their portfolio LANCASTER, PA 1,412,3151.4m $96.7m $96.7m 4.16% Reduced -11.5k -11,463
13 Sand Hill Global Advisors, LLC 2.97% of their portfolio Palo Alto, CA 1,290,7211.3m $88.4m $88.4m 2.97% Added +1.2m +1,168,514
14 Winthrop Advisory Group LLC 7.11% of their portfolio BOSTON, MA 1,270,9621.3m $87.0m $87.0m 7.11% Added +145.8k +145,750
15 Koss-Olinger Consulting, LLC 6.85% of their portfolio GAINESVILLE, FL 1,194,3441.2m $81.8m $81.8m 6.85% New
16 GM Advisory Group, LLC 2.88% of their portfolio MELVILLE, NY 1,092,0371.1m $74.8m $74.8m 2.88% Added +73.8k +73,782
17 GLENMEDE TRUST CO NA 0.36% of their portfolio PHILADELPHIA, PA 1,084,1521.1m $74.2m $74.2m 0.36% Added +6.9k +6,929
18 Calamos Advisors LLC 0.28% of their portfolio NAPERVILLE, IL 1,071,7981.1m $73.4m $73.4m 0.28% Added +1.0m +1,035,798
19 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,060,2151.1m $72.6m $72.6m 0.01% Added +1.0m +1,048,749
20 Calamos Wealth Management LLC 2.44% of their portfolio NAPERVILLE, IL 1,033,5851.0m $70.8m $70.8m 2.44% Added +53.2k +53,188
21 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,007,2791.0m $69.0m $69.0m 0.02% Added +563.2k +563,231
22 MML INVESTORS SERVICES, LLC 0.19% of their portfolio SPRINGFIELD, MA 995,401995.4k $68.2m $68.2m 0.19% Reduced -53.4k -53,415
23 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 961,195961.2k $65.8m $65.8m 0.01% Added +182.6k +182,577
24 TLWM 11.59% of their portfolio SAN ANTONIO, TX 940,099940.1k $64.4m $64.4m 11.59% Added +163.4k +163,383
25 REGIONS FINANCIAL CORP 0.42% of their portfolio BIRMINGHAM, AL 933,709933.7k $63.9m $63.9m 0.42% Reduced -5.1k -5,071
26 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 867,021867.0k $59.4m $59.4m 0.01% Reduced -452.2k -452,183
27 CAPTRUST FINANCIAL ADVISORS 0.10% of their portfolio RALEIGH, NC 857,041857.0k $58.7m $58.7m 0.10% Reduced -33.8k -33,830
28 WESBANCO BANK INC 1.58% of their portfolio WHEELING, WV 831,835831.8k $57.0m $57.0m 1.58% Added +77.4k +77,372
29 TOMPKINS FINANCIAL CORP 4.08% of their portfolio ITHACA, NY 748,898748.9k $51.3m $51.3m 4.08% Added +285.3k +285,297
30 Waverly Advisors, LLC 0.38% of their portfolio BIRMINGHAM, AL 731,003731.0k $50.1m $50.1m 0.38% Added +8.5k +8,460
31 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 699,978700.0k $47.9m $47.9m 0.03% Unchanged
32 AMG National Trust Bank 1.04% of their portfolio GREENWOOD VILLAGE, CO 696,635696.6k $47.7m $47.7m 1.04% Added +486 +486
33 Johnson Financial Group, Inc. 1.72% of their portfolio RACINE, WI 694,804694.8k $47.6m $47.6m 1.72% Reduced -24.2k -24,182
34 Federation des caisses Desjardins du Quebec 0.16% of their portfolio LEVIS, A8 669,479669.5k $45.8m $45.8m 0.16% Added +162.3k +162,309
35 US BANCORP \DE\ 0.05% of their portfolio MINNEAPOLIS, MN 629,516629.5k $43.1m $43.1m 0.05% Reduced -35.7k -35,659
36 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 562,554562.6k $38.5m $38.5m 0.04% Added +118.5k +118,507
37 WHI TRUST Co LLC 28.36% of their portfolio CHICAGO, IL 549,746549.7k $37.6m $37.6m 28.36% Added +21.6k +21,581
38 JENNISON ASSOCIATES LLC 0.03% of their portfolio NEW YORK, NY 549,017549.0k $37.6m $37.6m 0.03% Reduced -288.2k -288,157
39 PARK AVENUE SECURITIES LLC 0.29% of their portfolio NEW YORK, NY 536,012536.0k $36.7m $36.7m 0.29% Added +247.9k +247,888
40 BLAIR WILLIAM & CO/IL 0.10% of their portfolio CHICAGO, IL 527,619527.6k $36.1m $36.1m 0.10% Added +96.8k +96,758
41 Abundance Wealth Counselors 5.03% of their portfolio STATE COLLEGE, PA 512,359512.4k $35.1m $35.1m 5.03% Reduced -4.3k -4,290
42 Physician Wealth Advisors, Inc. 4.69% of their portfolio MIDVALE, UT 491,882491.9k $33.7m $33.7m 4.69% New
43 Itau Unibanco Holding S.A. 0.78% of their portfolio SAO PAULO, D5 473,700473.7k $32.4m $32.4m 0.78% Added +40.6k +40,600
44 Resolute Advisors LLC 13.41% of their portfolio SAN FRANCISCO, CA 473,497473.5k $32.4m $32.4m 13.41% Unchanged
45 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 472,592472.6k $32.4m $32.4m 0.01% Added +9.3k +9,313
46 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 471,698471.7k $31.7m $31.7m 0.01% Reduced -84.4k -84,364
47 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 456,360456.4k $31.2m $31.2m 0.01% Added +101.6k +101,632
48 Integrated Advisors Network LLC 1.64% of their portfolio DALLAS, TX 456,042456.0k $31.2m $31.2m 1.64% Added +75.1k +75,083
49 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.16% of their portfolio Stamford, CT 455,421455.4k $31.2m $31.2m 0.16% Added +161.4k +161,436
50 Premier Path Wealth Partners, LLC 3.92% of their portfolio MADISON, NJ 439,844439.8k $30.1m $30.1m 3.92% Added +169.3k +169,293
51 Kestra Advisory Services, LLC 0.11% of their portfolio AUSTIN, TX 439,001439.0k $30.1m $30.1m 0.11% Reduced -28.7k -28,704
52 HUNTINGTON NATIONAL BANK 0.16% of their portfolio COLUMBUS, OH 436,478436.5k $29.9m $29.9m 0.16% New
53 Ensign Peak Advisors, Inc 0.06% of their portfolio SALT LAKE CITY, UT 436,044436.0k $29.9m $29.9m 0.06% Unchanged
54 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 432,819432.8k $29.6m $29.6m 0.01% Added +35.0k +35,050
55 Capital Investment Advisors, LLC 0.43% of their portfolio ATLANTA, GA 429,042429.0k $29.4m $29.4m 0.43% Reduced -3.8k -3,786
56 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 428,458428.5k $29.3m $29.3m 0.04% Added +184.3k +184,336
57 Mirae Asset Global Investments Co., Ltd. 0.08% of their portfolio SEOUL, M5 426,295426.3k $29.2m $29.2m 0.08% Added +139.1k +139,095
58 Clal Insurance Enterprises Holdings Ltd 0.17% of their portfolio Tel-aviv, L3 410,680410.7k $28.1m $28.1m 0.17% Reduced -47.2k -47,200
59 Advus Financial Partners, LLC 6.84% of their portfolio WINTER PARK, FL 398,797398.8k $27.3m $27.3m 6.84% Reduced -40.7k -40,655
60 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 396,402396.4k $15.0m $15.0m 0.02% Reduced -323.0k -323,042
61 KING LUTHER CAPITAL MANAGEMENT CORP 0.12% of their portfolio FORT WORTH, TX 395,844395.8k $27.1m $27.1m 0.12% Added +180.9k +180,913
62 Financial Council, LLC 10.23% of their portfolio TOWSON, MD 387,256387.3k $26.5m $26.5m 10.23% Added +176.5k +176,527
63 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 366,241366.2k $25.1m $25.1m 0.00% Reduced -487.3k -487,277
64 BROWN ADVISORY INC 0.04% of their portfolio BALTIMORE, MD 347,407347.4k $23.8m $23.8m 0.04% Added +154.8k +154,795
65 Sequoia Financial Advisors, LLC 0.13% of their portfolio Akron, OH 346,431346.4k $23.7m $23.7m 0.13% Added +9.1k +9,132
66 Merit Financial Group, LLC 0.16% of their portfolio ALPHARETTA, GA 316,932316.9k $21.7m $21.7m 0.16% Reduced -51.3k -51,344
67 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 316,643316.6k $21.7m $21.7m 0.02% Added +13.1k +13,104
68 Heritage Wealth Advisors 0.83% of their portfolio RICHMOND, VA 308,971309.0k $21.2m $21.2m 0.83% Unchanged
69 FIFTH THIRD BANCORP 0.04% of their portfolio CINCINNATI, OH 305,845305.8k $20.9m $20.9m 0.04% New
70 Cornerstone Wealth Group, LLC 1.42% of their portfolio HUNTERSVILLE, NC 302,240302.2k $22.0m $22.0m 1.42% Reduced -4.5k -4,493
71 Proficio Capital Partners LLC 1.10% of their portfolio NEWTON, MA 302,005302.0k $20.7m $20.7m 1.10% New
72 CWM, LLC 0.05% of their portfolio OMAHA, NE 289,450289.4k $19.8m $19.8m 0.05% Added +10.4k +10,351
73 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 282,189282.2k $19.3m $19.3m 0.05% Added +4.2k +4,241
74 Madrona Financial Services, LLC 4.22% of their portfolio EVERETT, WA 281,781281.8k $19.3m $19.3m 4.22% Added +85.2k +85,186
75 Gotham Asset Management, LLC 0.06% of their portfolio NEW YORK, NY 267,998268.0k $18.3m $18.3m 0.06% Added +52.8k +52,757
76 Atwater Malick LLC 4.89% of their portfolio LANCASTER, PA 264,329264.3k $18.1m $18.1m 4.89% Added +37.5k +37,509
77 THORNBURG INVESTMENT MANAGEMENT INC 0.19% of their portfolio SANTA FE, NM 263,169263.2k $18.0m $18.0m 0.19% Added +22.8k +22,828
78 Mariner, LLC 0.02% of their portfolio Overland Park, KS 257,821257.8k $17.7m $17.7m 0.02% Reduced -6.5k -6,461
79 Dixon Mitchell Investment Counsel Inc. 0.61% of their portfolio VANCOUVER, A1 254,500254.5k $17.4m $17.4m 0.61% Unchanged
80 NewEdge Advisors, LLC 0.06% of their portfolio NEW ORLEANS, LA 251,102251.1k $17.2m $17.2m 0.06% Reduced -4.5k -4,519
81 Mill Creek Capital Advisors, LLC 0.35% of their portfolio Conshohocken, PA 246,494246.5k $16.9m $16.9m 0.35% Unchanged
82 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 243,954244.0k $16.7m $16.7m 0.03% Added +70.2k +70,152
83 Legacy Private Trust Co. 0.98% of their portfolio NEENAH, WI 231,222231.2k $15.8m $15.8m 0.98% Reduced -15.3k -15,271
84 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 229,895229.9k $15.7m $15.7m 0.00% Added +115.1k +115,126
85 Horst & Graben Wealth Management LLC 2.30% of their portfolio PORTLAND, OR 229,400229.4k $16.8m $16.8m 2.30% New
86 Sandbox Financial Partners, LLC 4.31% of their portfolio BETHESDA, MD 223,917223.9k $15.3m $15.3m 4.31% Added +106.1k +106,052
87 Spire Wealth Management 0.51% of their portfolio MCLEAN, VA 219,671219.7k $15.0m $15.0m 0.51% Reduced -7.8k -7,759
88 FMR LLC 0.00% of their portfolio BOSTON, MA 218,606218.6k $15.0m $15.0m 0.00% Added +13.7k +13,661
89 WHITTIER TRUST CO 0.17% of their portfolio SOUTH PASADENA, CA 214,958215.0k $14.9m $14.9m 0.17% Added +37.6k +37,615
90 Atlantic Union Bankshares Corp 0.28% of their portfolio GLEN ALLEN, VA 211,992212.0k $14.5m $14.5m 0.28% Added +4.3k +4,336
91 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 210,866210.9k $14.4m $14.4m 0.02% Added +96.9k +96,910
92 BAILARD, INC. 0.32% of their portfolio Foster City, CA 205,696205.7k $14.1m $14.1m 0.32% Reduced -6.7k -6,698
93 FSA WEALTH PARTNERS, INC. 6.43% of their portfolio Rockville, MD 197,399197.4k $13.5m $13.5m 6.43% Reduced -217.1k -217,125
94 Clearstead Advisors, LLC 0.12% of their portfolio CLEVELAND, OH 196,245196.2k $13.4m $13.4m 0.12% Added +117.7k +117,705
95 DIVERSIFY WEALTH MANAGEMENT, LLC 0.25% of their portfolio SANDY, UT 196,174196.2k $14.1m $14.1m 0.25% Added +176.4k +176,396
96 CMH Wealth Management LLC 2.28% of their portfolio PORTSMOUTH, NH 194,199194.2k $13.3m $13.3m 2.28% Added +3.1k +3,070
97 Lido Advisors, LLC 0.05% of their portfolio Los Angeles, CA 189,648189.6k $13.0m $13.0m 0.05% Added +1.9k +1,930
98 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 187,191187.2k $12.8m $12.8m 0.02% Reduced -64.5k -64,511
99 IEQ CAPITAL, LLC 0.06% of their portfolio Foster City, CA 183,318183.3k $12.6m $12.6m 0.06% Added +52.0k +52,023
100 FFG Partners, LLC 4.95% of their portfolio Fort Lauderdale, FL 182,757182.8k $12.5m $12.5m 4.95% Added +60.7k +60,732