Vault-13

ISHARES TR ACWI

MSCI ACWI ETF · ETP · CUSIP 464288257 · ISIN US4642882579

685 institutional holders +80 vs Q3 2023
120,024,711120.0m shares reported held*
$12.3bnreported value*
74 new 230 added 203 reduced 27 sold out net bought ≈ $1.2bn (+12.1m 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 ($33.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $102.22. Options: 6 managers hold calls ($222.2m notional), 5 hold puts ($163.7m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 550Q4 22: 605Q1 23: 596Q2 23: 602Q3 23: 605Q4 23: 685685Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022550
Q4 2022605
Q1 2023596
Q2 2023602
Q3 2023605
Q4 2023685

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 296 bought or addedQ4 22: 220 cut or sold outQ4 22Q1 23: 213 bought or addedQ1 23: 302 cut or sold outQ1 23Q2 23: 222 bought or addedQ2 23: 265 cut or sold outQ2 23Q3 23: 201 bought or addedQ3 23: 255 cut or sold outQ3 23Q4 23: 304 bought or addedQ4 23: 230 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022296220
Q1 2023213302
Q2 2023222265
Q3 2023201255
Q4 2023304230

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bnQ1 23 calls: $848.9mQ1 23 puts: $403.8mQ1 23P/C 0.48Q2 23 calls: $306.9mQ2 23 puts: $300.6mQ2 23P/C 0.98Q3 23 calls: $1.2bnQ3 23 puts: $565.7mQ3 23P/C 0.47Q4 23 calls: $222.2mQ4 23 puts: $163.7mQ4 23P/C 0.74
Numbers
QuarterCallsPutsP/C
Q1 2023$848.9m$403.8m0.48
Q2 2023$306.9m$300.6m0.98
Q3 2023$1.2bn$565.7m0.47
Q4 2023$222.2m$163.7m0.74

Biggest buyers

MORGAN STANLEY Added +9,244,487+9.2m
UBS Group AG Added +5,157,570+5.2m
Capital Group Private Client Services, Inc. Added +4,164,952+4.2m
CIBC WORLD MARKETS CORP New +3,500,000+3.5m
GOLDMAN SACHS GROUP INC Added +3,049,270+3.0m
OVERSEA-CHINESE BANKING Corp Ltd Added +2,275,450+2.3m
Johns Hopkins University Added +1,724,896+1.7m
JPMORGAN CHASE & CO Added +1,169,467+1.2m
BANK OF AMERICA CORP /DE/ Added +1,040,827+1.0m
TWO SIGMA INVESTMENTS, LP New +557,800+557.8k

Biggest sellers

TORONTO DOMINION BANK Reduced -6,170,000-6.2m
Hudson Bay Capital Management LP Reduced -6,000,000-6.0m
MKP Capital Management, L.L.C. Reduced -3,186,223-3.2m
NATIONAL BANK OF CANADA /FI/ Reduced -2,293,845-2.3m
JANE STREET GROUP, LLC Reduced -2,040,428-2.0m
Marex Group Ltd Reduced -1,275,608-1.3m
EVOKE WEALTH, LLC Sold out -913,025-913.0k
ALLIANCEBERNSTEIN L.P. Reduced -811,800-811.8k
Nuveen Asset Management, LLC Reduced -676,306-676.3k
NATIXIS Sold out -516,570-516.6k

Biggest calls

UBS Group AG Reduced $204.1m2.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $11.8m115.7k shares
CITADEL ADVISORS LLC Added $5.0m49.4k shares
GTS SECURITIES LLC Added $702.2k6.9k shares
WOLVERINE TRADING, LLC New $478.3k4.7k shares
Cutler Group LLC / CA Reduced $111.0k12.3k shares

Biggest puts

GOLDMAN SACHS GROUP INC Reduced $152.7m1.5m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $8.6m84.4k shares
GTS SECURITIES LLC Added $1.8m17.6k shares
CITADEL ADVISORS LLC Reduced $641.2k6.3k shares
Cutler Group LLC / CA Reduced $2.0k14.8k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.09% of their portfolio NEW YORK, NY 20,792,47620.8m $2.1bn $2.1bn 0.09% Added +9.2m +9,244,487
2 GOLDMAN SACHS GROUP INC 0.14% of their portfolio NEW YORK, NY 6,209,8656.2m $632.0m $632.0m 0.14% Added +3.0m +3,049,270
3 UBS Group AG 0.23% of their portfolio ZURICH, V8 5,557,8975.6m $565.6m $565.6m 0.23% Added +5.2m +5,157,570
4 TORONTO DOMINION BANK 0.78% of their portfolio TORONTO, ONTARIO, A6 5,310,0005.3m $540.4m $540.4m 0.78% Reduced -6.2m -6,170,000
5 MKP Capital Management, L.L.C. 26.96% of their portfolio New York, NY 4,276,7524.3m $435.2m $435.2m 26.96% Reduced -3.2m -3,186,223
6 Capital Group Private Client Services, Inc. 4.42% of their portfolio Los Angeles, CA 4,204,2194.2m $427.9m $427.9m 4.42% Added +4.2m +4,164,952
7 CIBC WORLD MARKETS CORP 1.94% of their portfolio NEW YORK, NY 3,500,0003.5m $356.2m $356.2m 1.94% New
8 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 3,378,1223.4m $343.8m $343.8m 0.04% Added +1.0m +1,040,827
9 OVERSEA-CHINESE BANKING Corp Ltd 12.11% of their portfolio SINGAPORE, U0 3,353,7483.4m $341.2m $341.2m 12.11% Added +2.3m +2,275,450
10 Johns Hopkins University 11.20% of their portfolio BALTIMORE, MD 2,614,0842.6m $266.0m $266.0m 11.20% Added +1.7m +1,724,896
11 NATIONAL BANK OF CANADA /FI/ 0.39% of their portfolio MONTREAL, A8 2,147,0472.1m $216.6m $216.6m 0.39% Reduced -2.3m -2,293,845
12 Sageworth Trust Co 12.74% of their portfolio LANCASTER, PA 1,834,7821.8m $186.7m $186.7m 12.74% Reduced -22.1k -22,090
13 ICONIQ Capital, LLC 3.12% of their portfolio SAN FRANCISCO, CA 1,641,2441.6m $167.0m $167.0m 3.12% Reduced -4.7k -4,724
14 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 1,626,8451.6m $165.6m $165.6m 0.05% Added +520.4k +520,359
15 BANK OF NOVA SCOTIA 0.28% of their portfolio TORONTO, A6 1,460,7451.5m $148.7m $148.7m 0.28% Reduced -51.1k -51,069
16 Sarasin & Partners LLP 1.54% of their portfolio London, X0 1,379,6051.4m $140.4m $140.4m 1.54% Added +1.6k +1,563
17 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,321,5221.3m $134.5m $134.5m 0.01% Added +1.2m +1,169,467
18 Capitolis Liquid Global Markets LLC 5.46% of their portfolio NEW YORK, NY 1,306,0001.3m $132.9m $132.9m 5.46% First filing
19 Allianz Asset Management GmbH 0.24% of their portfolio MUNICH, 2M 1,281,0201.3m $130.4m $130.4m 0.24% Added +209.2k +209,210
20 PNC Financial Services Group, Inc. 0.10% of their portfolio Pittsburgh, PA 1,270,9451.3m $129.3m $129.3m 0.10% Added +49.6k +49,552
21 PRUDENTIAL PLC 1.27% of their portfolio LONDON, X0 1,176,0251.2m $119.7m $119.7m 1.27% Reduced -334.8k -334,775
22 FFT WEALTH MANAGEMENT LLC 10.23% of their portfolio PHILADELPHIA, PA 1,161,0821.2m $118.2m $118.2m 10.23% Added +10.9k +10,934
23 Nuveen Asset Management, LLC 0.04% of their portfolio CHICAGO, IL 1,155,7181.2m $117.6m $117.6m 0.04% Reduced -676.3k -676,306
24 Sequoia Financial Advisors, LLC 1.44% of their portfolio Akron, OH 1,141,6151.1m $116.2m $116.2m 1.44% Added +98.8k +98,804
25 FACTORY MUTUAL INSURANCE CO 1.44% of their portfolio WALTHAM, MA 1,136,7001.1m $115.7m $115.7m 1.44% Reduced -276.5k -276,500
26 MINOT CAPITAL, LP 19.41% of their portfolio Broomfield, CO 1,046,5641.0m $106.5m $106.5m 19.41% Added +20.1k +20,112
27 Hudson Bay Capital Management LP 0.89% of their portfolio STAMFORD, CT 1,000,0001.0m $101.8m $101.8m 0.89% Reduced -6.0m -6,000,000
28 JANE STREET GROUP, LLC 0.12% of their portfolio NEW YORK, NY 977,330977.3k $99.5m $99.5m 0.12% Reduced -2.0m -2,040,428
29 BlackRock Inc. 0.00% of their portfolio New York, NY 914,802914.8k $93.1m $93.1m 0.00% Added +477.5k +477,529
30 DIMENSION CAPITAL MANAGEMENT LLC 17.60% of their portfolio Coral Gables, FL 831,580831.6k $84.6m $84.6m 17.60% Added +27.7k +27,663
31 BESSEMER GROUP INC 0.16% of their portfolio WOODBRIDGE, NJ 800,617800.6k $81.5m $81.5m 0.16% Added +271.9k +271,950
32 Bogart Wealth, LLC 3.95% of their portfolio MCLEAN, VA 687,307687.3k $69.9m $69.9m 3.95% Added +229.8k +229,766
33 ING GROEP NV 0.56% of their portfolio AMSTERDAM, P7 685,900685.9k $69.8m $69.8m 0.56% Added +442.1k +442,100
34 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 648,061648.1k $66.0m $66.0m 0.02% Added +121.0k +121,035
35 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 635,478635.5k $64.7m $64.7m 0.02% Reduced -811.8k -811,800
36 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 634,251634.3k $64.7m $64.7m 0.02% Reduced -304.7k -304,657
37 Qube Research & Technologies Ltd 0.14% of their portfolio LONDON, X0 592,406592.4k $60.3m $60.3m 0.14% Added +519.2k +519,182
38 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.69% of their portfolio Madrid, U3 575,902575.9k $58.6m $58.6m 0.69% Added +44.9k +44,927
39 Bremer Bank National Association 10.75% of their portfolio ST PAUL, MN 566,378566.4k $57.6m $57.6m 10.75% Reduced -203.9k -203,914
40 TWO SIGMA INVESTMENTS, LP 0.14% of their portfolio NEW YORK, NY 557,800557.8k $56.8m $56.8m 0.14% New
41 HSBC HOLDINGS PLC 0.05% of their portfolio LONDON, X0 555,569555.6k $56.5m $56.5m 0.05% Reduced -122.5k -122,513
42 Mirae Asset Global Investments Co., Ltd. 0.11% of their portfolio SEOUL, M5 533,089533.1k $54.3m $54.3m 0.11% Reduced -40.6k -40,635
43 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 524,641524.6k $53.4m $53.4m 0.01% Added +7.4k +7,381
44 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 504,286504.3k $51.3m $51.3m 0.02% Added +129.3k +129,261
45 Corient Private Wealth LP 0.09% of their portfolio MIAMI, FL 503,389503.4k $51.2m $51.2m 0.09% Reduced -240.9k -240,936
46 Capital International Investors 0.01% of their portfolio Los Angeles, CA 490,367490.4k $50.0m $50.0m 0.01% Added +259.1k +259,088
47 FJ Investments, LLC 2.21% of their portfolio Salt Lake City, UT 457,202457.2k $46.5m $46.5m 2.21% First filing
48 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 443,162443.2k $45.1m $45.1m 0.03% Added +297.7k +297,698
49 GR FINANCIAL GROUP, LLC 15.97% of their portfolio TUCSON, AZ 441,771441.8k $45.0m $45.0m 15.97% Added +192.1k +192,052
50 BROWN ADVISORY INC 0.06% of their portfolio BALTIMORE, MD 431,896431.9k $44.0m $44.0m 0.06% Added +57.6k +57,585
51 Lido Advisors, LLC 0.31% of their portfolio Los Angeles, CA 425,475425.5k $31.5m $31.5m 0.31% New
52 Three Bridge Wealth Advisors, LLC 14.54% of their portfolio LOS ALTOS, CA 413,085413.1k $42.0m $42.0m 14.54% Reduced -4.0k -4,026
53 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 395,690395.7k $40.3m $40.3m 0.07% Added +217.2k +217,181
54 Mill Creek Capital Advisors, LLC 1.13% of their portfolio Conshohocken, PA 375,601375.6k $38.2m $38.2m 1.13% Reduced -54.4k -54,353
55 GREAT VALLEY ADVISOR GROUP, INC. 1.30% of their portfolio WILMINGTON, DE 363,214363.2k $37.0m $37.0m 1.30% Added +56.1k +56,136
56 Blue Trust, Inc. 0.53% of their portfolio BRENTWOOD, TN 360,228360.2k $33.3m $33.3m 0.53% Added +13.3k +13,256
57 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 334,092334.1k $34.0m $34.0m 0.05% Added +128.3k +128,336
58 CORNERSTONE PARTNERS CAPITAL MANAGEMENT, LLC 2.58% of their portfolio CHARLOTTESVILLE, VA 332,624332.6k $33.9m $33.9m 2.58% Added +50.1k +50,089
59 Jasper Ridge Partners, L.P. 1.35% of their portfolio MENLO PARK, CA 330,267330.3k $33.6m $33.6m 1.35% Reduced -5.2k -5,226
60 EPIQ Capital Group, LLC 15.94% of their portfolio San Francisco, CA 328,700328.7k $33.5m $33.5m 15.94% Added +3.9k +3,914
61 CITIGROUP INC 0.04% of their portfolio NEW YORK, NY 327,417327.4k $33.3m $33.3m 0.04% Added +281.6k +281,634
62 ASSETMARK, INC 0.12% of their portfolio CONCORD, CA 318,552318.6k $32.4m $32.4m 0.12% Reduced -7.7k -7,659
63 BANK HAPOALIM BM 4.36% of their portfolio TEL AVIV, L3 313,247313.2k $31.9m $31.9m 4.36% Reduced -170 -170
64 BRANDYWINE MANAGERS, LLC 33.44% of their portfolio HOCKESSIN, DE 300,131300.1k $30.5m $30.5m 33.44% Added +73.3k +73,348
65 Ausdal Financial Partners, Inc. 3.76% of their portfolio Davenport, IA 298,528298.5k $30.4m $30.4m 3.76% Reduced -17.9k -17,936
66 Perella Weinberg Partners Capital Management LP 2.45% of their portfolio NEW YORK, NY 294,948294.9k $30.0m $30.0m 2.45% New
67 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 281,828281.8k $28.7m $28.7m 0.00% Reduced -50.4k -50,439
68 Verger Capital Management LLC 15.23% of their portfolio Winston-Salem, NC 268,090268.1k $27.3m $27.3m 15.23% Added +101.0k +100,954
69 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 266,143266.1k $27.1m $27.1m 0.05% Added +193.9k +193,874
70 Cresset Asset Management, LLC 0.16% of their portfolio Chicago, IL 266,062266.1k $27.1m $27.1m 0.16% Added +128.6k +128,585
71 US BANCORP \DE\ 0.04% of their portfolio MINNEAPOLIS, MN 265,669265.7k $27.0m $27.0m 0.04% Added +407 +407
72 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.59% of their portfolio BOSTON, MA 264,294264.3k $26.9m $26.9m 0.59% Added +24.6k +24,550
73 LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 259,636259.6k $26.4m $26.4m 0.03% Added +173.3k +173,325
74 OXFORD FINANCIAL GROUP, LTD. LLC 1.95% of their portfolio INDIANAPOLIS, IN 258,406258.4k $26.3m $26.3m 1.95% Added +45.5k +45,503
75 Ayalon Insurance Comp Ltd. 9.52% of their portfolio Ramat Gan, L3 257,706257.7k $26.2m $26.2m 9.52% Added +111.9k +111,893
76 Bank Julius Baer & Co. Ltd, Zurich 0.11% of their portfolio ZURICH, V8 245,011245.0k $24.9m $24.9m 0.11% Added +2.0k +2,025
77 FLOW TRADERS U.S. LLC 0.75% of their portfolio NEW YORK, NY 241,789241.8k $24.6m $24.6m 0.75% Added +142.5k +142,521
78 BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio PARIS, I0 240,143240.1k $24.4m $24.4m 0.04% Added +83.7k +83,722
79 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 234,562234.6k $23.9m $23.9m 0.01% Added +155.3k +155,254
80 Rockefeller Capital Management L.P. 0.08% of their portfolio NEW YORK, NY 227,795227.8k $23.2m $23.2m 0.08% Added +15.8k +15,777
81 Taconic Capital Advisors LP 2.23% of their portfolio NEW YORK, NY 227,000227.0k $23.1m $23.1m 2.23% Added +75.0k +75,000
82 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 213,801213.8k $21.8m $21.8m 0.00% Reduced -271.4k -271,429
83 Circle Wealth Management, LLC 0.52% of their portfolio SUMMIT, NJ 201,800201.8k $20.5m $20.5m 0.52% Added +10 +10
84 Pathstone Holdings, LLC 0.11% of their portfolio ENGLEWOOD, NJ 198,966199.0k $20.3m $20.3m 0.11% First filing
85 Waldron Private Wealth LLC 0.96% of their portfolio BRIDGEVILLE, PA 198,744198.7k $20.2m $20.2m 0.96% Added +6.9k +6,876
86 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.06% of their portfolio PLYMOUTH, MN 195,489195.5k $19.9m $19.9m 0.06% Added +61.0k +61,030
87 DRW Securities, LLC 0.59% of their portfolio CHICAGO, IL 193,172193.2k $19.7m $19.7m 0.59% Added +116.3k +116,304
88 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 187,146187.1k $19.0m $19.0m 0.03% Added +37.4k +37,402
89 WestEnd Advisors, LLC 0.49% of their portfolio CHARLOTTE, NC 174,756174.8k $17.8m $17.8m 0.49% Added +146.3k +146,302
90 Crestone Asset Management LLC 3.99% of their portfolio BOULDER, CO 173,769173.8k $17.7m $17.7m 3.99% Added +2.6k +2,620
91 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.15% of their portfolio IRVING, TX 172,564172.6k $17.6m $17.6m 0.15% Reduced -42.4k -42,414
92 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 168,590168.6k $17.2m $17.2m 0.01% Added +4.4k +4,369
93 VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio San Antonio, TX 163,184163.2k $16.6m $16.6m 0.02% Added +68.5k +68,461
94 Altrafin AG 6.31% of their portfolio ZURICH, V8 161,000161.0k $16.4m $16.4m 6.31% Unchanged
95 OLD MISSION CAPITAL LLC 0.45% of their portfolio CHICAGO, IL 159,429159.4k $16.2m $16.2m 0.45% Reduced -49.2k -49,172
96 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 0.95% of their portfolio BOSTON, MA 157,340157.3k $16.0m $16.0m 0.95% Reduced -87.8k -87,772
97 Naviter Wealth, LLC 3.22% of their portfolio LITTLE ROCK, AR 157,154157.2k $16.0m $16.0m 3.22% Added +130.3k +130,257
98 Bricktown Capital, LLC 3.40% of their portfolio DETROIT, MI 155,860155.9k $15.9m $15.9m 3.40% Reduced -103.0k -103,000
99 Cerity Partners LLC 0.05% of their portfolio NEW YORK, NY 155,820155.8k $15.9m $15.9m 0.05% Added +97.0k +97,050
100 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 149,980150.0k $15.3m $15.3m 0.01% Added +16.4k +16,447