Vault-13

ISHARES TR ACWI

MSCI ACWI ETF · ETP · CUSIP 464288257 · ISIN US4642882579

715 institutional holders +32 vs Q1 2025
72,857,04372.9m shares reported held*
$9.4bnreported value*
69 new 264 added 206 reduced 33 sold out net sold ≈ $248.7m (-2.0m 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 ($12.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $128.57. Options: 8 managers hold calls ($325.5m notional), 7 hold puts ($168.3m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 550Q4 22: 605Q1 23: 596Q2 23: 602Q3 23: 605Q4 23: 685Q1 24: 660Q2 24: 685Q3 24: 674Q4 24: 721Q1 25: 683Q2 25: 715715Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022550
Q4 2022605
Q1 2023596
Q2 2023602
Q3 2023605
Q4 2023685
Q1 2024660
Q2 2024685
Q3 2024674
Q4 2024721
Q1 2025683
Q2 2025715

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 201 bought or addedQ3 23: 255 cut or sold outQ4 23: 304 bought or addedQ4 23: 230 cut or sold outQ4 23Q1 24: 212 bought or addedQ1 24: 327 cut or sold outQ2 24: 282 bought or addedQ2 24: 257 cut or sold outQ2 24Q3 24: 236 bought or addedQ3 24: 266 cut or sold outQ4 24: 322 bought or addedQ4 24: 230 cut or sold outQ4 24Q1 25: 229 bought or addedQ1 25: 338 cut or sold outQ2 25: 333 bought or addedQ2 25: 239 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023201255
Q4 2023304230
Q1 2024212327
Q2 2024282257
Q3 2024236266
Q4 2024322230
Q1 2025229338
Q2 2025333239

Calls vs puts

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

CallsPuts
$0$100m$200m$300m$400mQ3 24 calls: $208.1mQ3 24 puts: $219.6mQ3 24P/C 1.06Q4 24 calls: $29.3mQ4 24 puts: $216.0mQ4 24P/C 7.37Q1 25 calls: $211.4mQ1 25 puts: $43.5mQ1 25P/C 0.21Q2 25 calls: $325.5mQ2 25 puts: $168.3mQ2 25P/C 0.52
Numbers
QuarterCallsPutsP/C
Q3 2024$208.1m$219.6m1.06
Q4 2024$29.3m$216.0m7.37
Q1 2025$211.4m$43.5m0.21
Q2 2025$325.5m$168.3m0.52

Biggest buyers

Phoenix Financial Ltd. Added +2,289,391+2.3m
Qalhat Capital Ltd Added +1,137,134+1.1m
ROYAL BANK OF CANADA Added +1,093,627+1.1m
GOLDMAN SACHS GROUP INC Added +1,021,540+1.0m
TORONTO DOMINION BANK New +500,000+500.0k
LOWE BROCKENBROUGH & CO INC Added +421,725+421.7k
UBS Group AG Added +416,577+416.6k
WELLINGTON MANAGEMENT GROUP LLP Added +345,735+345.7k
Pathway Financial Advisors LLC Added +240,790+240.8k
Bogart Wealth, LLC Added +240,275+240.3k

Biggest sellers

Johns Hopkins University Reduced -3,653,232-3.7m
Rector, Church-Wardens & Vestrymen of Trinity Church in the City of New-York Reduced -1,198,541-1.2m
JENNISON ASSOCIATES LLC Reduced -733,243-733.2k
MORGAN STANLEY Reduced -720,457-720.5k
BANK OF NOVA SCOTIA Reduced -627,410-627.4k
Federation des caisses Desjardins du Quebec Reduced -568,523-568.5k
Hackensack Meridian Health, Inc. Reduced -555,000-555.0k
OVERSEA-CHINESE BANKING Corp Ltd Reduced -485,230-485.2k
SCHRODER INVESTMENT MANAGEMENT GROUP Reduced -418,946-418.9k
Allianz Asset Management GmbH Reduced -373,970-374.0k

Biggest calls

BlackRock, Inc. Added $265.4m2.1m shares
BNP PARIBAS FINANCIAL MARKETS New $38.6m3.0k shares
JANE STREET GROUP, LLC Added $10.1m78.9k shares
CITADEL ADVISORS LLC Reduced $4.7m36.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.7m28.7k shares
Avestar Capital, LLC Unchanged $1.4m10.9k shares
ZEGA Investments, LLC Unchanged $1.4m10.9k shares
OLD MISSION CAPITAL LLC New $164.4k16.5k shares

Biggest puts

GOLDMAN SACHS GROUP INC New $128.6m1.0m shares
UBS Group AG Reduced $14.4m112.1k shares
JANE STREET GROUP, LLC Added $12.0m93.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.0m46.9k shares
CITADEL ADVISORS LLC Added $5.8m44.8k shares
Avestar Capital, LLC Unchanged $1.4m10.9k shares
OLD MISSION CAPITAL LLC Added $42.4k20.6k 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 7,519,3487.5m $967.0m $967.0m 0.06% Reduced -720.5k -720,457
2 Qalhat Capital Ltd 65.64% of their portfolio ST HELIER, Y9 3,588,2063.6m $461.4m $461.4m 65.64% Added +1.1m +1,137,134
3 Phoenix Financial Ltd. 3.89% of their portfolio Givatayim, L3 2,292,5112.3m $294.8m $294.8m 3.89% Added +2.3m +2,289,391
4 P/E Global LLC 59.23% of their portfolio BOSTON, MA 2,215,3072.2m $284.9m $284.9m 59.23% Added +14.0k +13,989
5 BNP PARIBAS FINANCIAL MARKETS 0.22% of their portfolio PARIS, I0 2,192,8242.2m $282.0m $282.0m 0.22% Reduced -185.2k -185,198
6 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 1,792,9451.8m $230.6m $230.6m 0.04% Added +1.0m +1,021,540
7 Sageworth Trust Co 12.37% of their portfolio LANCASTER, PA 1,736,4131.7m $223.3m $223.3m 12.37% Reduced -9.0k -9,044
8 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 1,731,9911.7m $222.7m $222.7m 0.05% Added +8.7k +8,737
9 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,567,8981.6m $201.6m $201.6m 0.02% Added +1.1m +1,093,627
10 ICONIQ Capital, LLC 3.09% of their portfolio SAN FRANCISCO, CA 1,423,0541.4m $183.0m $183.0m 3.09% Reduced -21.6k -21,610
11 Allianz Asset Management GmbH 0.24% of their portfolio MUNICH, 2M 1,386,1201.4m $178.3m $178.3m 0.24% Reduced -374.0k -373,970
12 OVERSEA-CHINESE BANKING Corp Ltd 5.02% of their portfolio SINGAPORE, U0 1,382,4841.4m $177.8m $177.8m 5.02% Reduced -485.2k -485,230
13 PNC Financial Services Group, Inc. 0.11% of their portfolio Pittsburgh, PA 1,359,5451.4m $174.8m $174.8m 0.11% Added +98.1k +98,146
14 Sequoia Financial Advisors, LLC 1.17% of their portfolio Akron, OH 1,325,9971.3m $170.5m $170.5m 1.17% Added +201.2k +201,224
15 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,178,2861.2m $151.5m $151.5m 0.01% Added +110.6k +110,585
16 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,137,3241.1m $146.3m $146.3m 0.01% Reduced -210.1k -210,068
17 UBS Group AG 0.03% of their portfolio ZURICH, V8 962,858962.9k $123.8m $123.8m 0.03% Added +416.6k +416,577
18 CAPITAL ADVISORS INC/OK 2.16% of their portfolio TULSA, OK 934,498934.5k $120.2m $120.2m 2.16% Added +12.6k +12,603
19 Bogart Wealth, LLC 5.09% of their portfolio MCLEAN, VA 925,215925.2k $119.0m $119.0m 5.09% Added +240.3k +240,275
20 DIMENSION CAPITAL MANAGEMENT LLC 17.52% of their portfolio Coral Gables, FL 869,329869.3k $111.8m $111.8m 17.52% Added +3.8k +3,803
21 PRUDENTIAL PLC 0.67% of their portfolio LONDON, X0 852,835852.8k $109.7m $109.7m 0.67% Added +86.3k +86,304
22 EVOKE WEALTH, LLC 2.46% of their portfolio Los Angeles, CA 814,395814.4k $104.7m $104.7m 2.46% Reduced -7.7k -7,671
23 NOMURA ASSET MANAGEMENT CO LTD 0.28% of their portfolio TOKYO, M0 796,560796.6k $102.4m $102.4m 0.28% Added +42.0k +41,975
24 HSBC HOLDINGS PLC 0.06% of their portfolio LONDON, X0 682,930682.9k $87.8m $87.8m 0.06% Added +121.6k +121,589
25 Federation des caisses Desjardins du Quebec 0.35% of their portfolio LEVIS, A8 621,117621.1k $79.9m $79.9m 0.35% Reduced -568.5k -568,523
26 IEQ CAPITAL, LLC 0.43% of their portfolio Foster City, CA 542,081542.1k $69.7m $69.7m 0.43% Added +41.8k +41,776
27 Allianz SE 1.60% of their portfolio Munich, 2M 525,698525.7k $67.6m $67.6m 1.60% Reduced -7.0k -7,012
28 COMMON FUND FOR NONPROFIT ORGANIZATIONS 6.88% of their portfolio NORWALK, CT 518,042518.0k $66.6m $66.6m 6.88% Added +65.4k +65,390
29 Johns Hopkins University 3.49% of their portfolio BALTIMORE, MD 513,164513.2k $66.0m $66.0m 3.49% Reduced -3.7m -3,653,232
30 BlackRock, Inc. 0.00% of their portfolio New York, NY 502,613502.6k $64.6m $64.6m 0.00% Added +17.2k +17,217
31 TORONTO DOMINION BANK 0.14% of their portfolio TORONTO, ONTARIO, A6 500,000500.0k $64.3m $64.3m 0.14% New
32 LOWE BROCKENBROUGH & CO INC 3.61% of their portfolio RICHMOND, VA 498,695498.7k $64.1m $64.1m 3.61% Added +421.7k +421,725
33 BESSEMER GROUP INC 0.10% of their portfolio WOODBRIDGE, NJ 493,941493.9k $63.5m $63.5m 0.10% Added +178.4k +178,372
34 BROWN ADVISORY INC 0.08% of their portfolio BALTIMORE, MD 492,387492.4k $63.3m $63.3m 0.08% Added +25.1k +25,107
35 Corient Private Wealth LP 0.08% of their portfolio MIAMI, FL 477,052477.1k $61.3m $61.3m 0.08% Added +50.4k +50,353
36 HighTower Advisors, LLC 0.08% of their portfolio CHICAGO, IL 465,774465.8k $59.9m $59.9m 0.08% Reduced -7.6k -7,644
37 NATIONAL BANK OF CANADA /FI/ 0.06% of their portfolio MONTREAL, A8 459,719459.7k $59.1m $59.1m 0.06% Reduced -299.8k -299,788
38 ASSETMARK, INC 0.14% of their portfolio CONCORD, CA 455,425455.4k $58.6m $58.6m 0.14% Reduced -26.5k -26,498
39 Mill Creek Capital Advisors, LLC 1.26% of their portfolio Conshohocken, PA 442,466442.5k $56.9m $56.9m 1.26% Added +112.7k +112,737
40 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 424,722424.7k $54.6m $54.6m 0.02% Reduced -9.9k -9,943
41 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.49% of their portfolio Madrid, U3 422,462422.5k $54.3m $54.3m 0.49% Reduced -218.8k -218,841
42 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 414,937414.9k $53.4m $53.4m 0.01% Added +345.7k +345,735
43 Blue Trust, Inc. 0.63% of their portfolio BRENTWOOD, TN 414,687414.7k $53.3m $53.3m 0.63% Added +3.8k +3,839
44 CANADA LIFE ASSURANCE Co 0.08% of their portfolio WINNIPEG, A2 413,286413.3k $53.3m $53.3m 0.08% Added +65.7k +65,675
45 Three Bridge Wealth Advisors, LLC 13.67% of their portfolio LOS ALTOS, CA 403,429403.4k $51.9m $51.9m 13.67% Added +11.5k +11,548
46 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 394,307394.3k $50.7m $50.7m 0.03% Added +4.7k +4,725
47 Banco Santander, S.A. 0.47% of their portfolio Madrid, U3 385,710385.7k $49.6m $49.6m 0.47% Added +148.6k +148,636
48 PARTNERS CAPITAL INVESTMENT GROUP, LLP 1.98% of their portfolio BOSTON, MA 385,120385.1k $49.5m $49.5m 1.98% Added +128.3k +128,261
49 Verger Capital Management LLC 19.10% of their portfolio Winston-Salem, NC 377,424377.4k $48.5m $48.5m 19.10% Added +86.3k +86,344
50 Rockefeller Capital Management L.P. 0.06% of their portfolio NEW YORK, NY 371,228371.2k $47.7m $47.7m 0.06% Added +190.6k +190,562
51 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 360,328360.3k $46.3m $46.3m 0.01% Added +11.7k +11,670
52 Pathstone Holdings, LLC 0.18% of their portfolio ENGLEWOOD, NJ 348,861348.9k $44.8m $44.8m 0.18% Added +26.3k +26,282
53 Rector, Church-Wardens & Vestrymen of Trinity Church in the City of New-York 30.09% of their portfolio New York, NY 345,102345.1k $44.4m $44.4m 30.09% Reduced -1.2m -1,198,541
54 Bank Julius Baer & Co. Ltd, Zurich 0.13% of their portfolio ZURICH, V8 342,137342.1k $44.0m $44.0m 0.13% Reduced -8.3k -8,321
55 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 328,876328.9k $42.3m $42.3m 0.01% Added +65.7k +65,686
56 Granger Management LLC 15.08% of their portfolio New York, NY 314,321314.3k $40.4m $40.4m 15.08% Unchanged
57 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 309,446309.4k $39.8m $39.8m 0.01% Added +47.8k +47,849
58 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 307,346307.3k $39.5m $39.5m 0.01% Added +55.8k +55,812
59 BRANDYWINE MANAGERS, LLC 37.53% of their portfolio HOCKESSIN, DE 293,679293.7k $37.8m $37.8m 37.53% Unchanged
60 US BANCORP \DE\ 0.05% of their portfolio MINNEAPOLIS, MN 283,160283.2k $36.4m $36.4m 0.05% Added +3.0k +3,033
61 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.06% of their portfolio PLYMOUTH, MN 279,639279.6k $36.3m $36.3m 0.06% Added +2.9k +2,868
62 Birnam Oak Advisors, LP 10.67% of their portfolio New York, NY 276,800276.8k $35.6m $35.6m 10.67% Added +2.0k +2,000
63 Naviter Wealth, LLC 4.37% of their portfolio LITTLE ROCK, AR 276,103276.1k $35.5m $35.5m 4.37% Added +121.6k +121,562
64 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 272,062272.1k $35.0m $35.0m 0.06% Added +11.6k +11,577
65 Bricktown Capital, LLC 6.33% of their portfolio DETROIT, MI 271,947271.9k $35.0m $35.0m 6.33% Reduced -168.4k -168,400
66 Cerity Partners LLC 0.06% of their portfolio NEW YORK, NY 270,185270.2k $34.7m $34.7m 0.06% Added +35.7k +35,735
67 BANK HAPOALIM BM 4.27% of their portfolio TEL AVIV, L3 269,000269.0k $31.3m $31.3m 4.27% Unchanged
68 Pathway Financial Advisors LLC 4.60% of their portfolio SOUTH BURLINGTON, VT 244,292244.3k $31.4m $31.4m 4.60% Added +240.8k +240,790
69 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 243,976244.0k $31.4m $31.4m 0.05% Added +2.8k +2,773
70 StoneX Group Inc. 1.46% of their portfolio NEW YORK, NY 233,607233.6k $30.0m $30.0m 1.46% New
71 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 0.66% of their portfolio BOSTON, MA 232,948232.9k $30.0m $30.0m 0.66% Reduced -5.8k -5,785
72 Ayalon Insurance Comp Ltd. 8.60% of their portfolio Ramat Gan, L3 231,772231.8k $29.8m $29.8m 8.60% Added +722 +722
73 OXFORD FINANCIAL GROUP, LTD. LLC 1.67% of their portfolio INDIANAPOLIS, IN 218,468218.5k $28.1m $28.1m 1.67% Reduced -6.2k -6,161
74 Jasper Ridge Partners, L.P. 0.68% of their portfolio MENLO PARK, CA 211,651211.7k $27.2m $27.2m 0.68% Reduced -24.4k -24,396
75 SENTINEL TRUST CO LBA 2.90% of their portfolio HOUSTON, TX 207,698207.7k $26.7m $26.7m 2.90% Reduced -27.6k -27,580
76 OLD NATIONAL BANCORP /IN/ 0.47% of their portfolio EVANSVILLE, IN 207,256207.3k $26.7m $26.7m 0.47% Added +193.1k +193,122
77 BANK OF NOVA SCOTIA 0.05% of their portfolio TORONTO, A6 205,758205.8k $26.5m $26.5m 0.05% Reduced -627.4k -627,410
78 Focus Partners Wealth 0.06% of their portfolio ST LOUIS, MO 203,236203.2k $26.1m $26.1m 0.06% Reduced -9.6k -9,590
79 GFS Advisors, LLC 3.56% of their portfolio HOUSTON, TX 202,200202.2k $26.0m $26.0m 3.56% Added +27.8k +27,765
80 Waldron Private Wealth LLC 1.12% of their portfolio BRIDGEVILLE, PA 200,195200.2k $25.7m $25.7m 1.12% Reduced -89 -89
81 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 190,385190.4k $24.5m $24.5m 0.02% Reduced -9.7k -9,727
82 Circle Wealth Management, LLC 0.54% of their portfolio SUMMIT, NJ 187,610187.6k $24.1m $24.1m 0.54% Unchanged
83 Drake & Associates, LLC 5.77% of their portfolio WAUKESHA, WI 183,227183.2k $23.6m $23.6m 5.77% Added +7.5k +7,465
84 EQUITABLE TRUST CO 1.14% of their portfolio NASHVILLE, TN 177,192177.2k $22.8m $22.8m 1.14% Added +45.8k +45,788
85 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 177,187177.2k $22.8m $22.8m 0.02% Added +18.3k +18,328
86 Capital International Investors 0.00% of their portfolio Los Angeles, CA 175,704175.7k $22.5m $22.5m 0.00% Reduced -137.2k -137,172
87 Gotham Asset Management, LLC 0.12% of their portfolio NEW YORK, NY 160,085160.1k $20.6m $20.6m 0.12% Added +42.6k +42,602
88 Erste Asset Management GmbH 0.17% of their portfolio VIENNA, C4 157,943157.9k $20.3m $20.3m 0.17% Reduced -85.0k -85,012
89 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 151,449151.4k $19.4m $19.4m 0.02% Reduced -418.9k -418,946
90 Allen Investment Management, LLC 0.21% of their portfolio NEW YORK, NY 150,462150.5k $19.3m $19.3m 0.21% Reduced -428 -428
91 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 149,770149.8k $19.3m $19.3m 0.00% Reduced -31.5k -31,467
92 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 145,208145.2k $18.7m $18.7m 0.03% Reduced -48.8k -48,811
93 Cresset Asset Management, LLC 0.09% of their portfolio Chicago, IL 143,677143.7k $18.5m $18.5m 0.09% Reduced -30.2k -30,222
94 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 128,506128.5k $16.5m $16.5m 0.01% Added +48.1k +48,092
95 CENTAURUS FINANCIAL, INC. 0.96% of their portfolio ANAHEIM, CA 128,438128.4k $16.5m $16.5m 0.96% Reduced -2.4k -2,352
96 Ashford Advisors, LLC 3.68% of their portfolio PITTSFORD, NY 123,362123.4k $15.9m $15.9m 3.68% Added +606 +606
97 Avestar Capital, LLC 1.16% of their portfolio New York, NY 123,295123.3k $15.9m $15.9m 1.16% Added +76.0k +76,026
98 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 117,835117.8k $15.2m $15.2m 0.01% Reduced -34.4k -34,394
99 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.12% of their portfolio IRVING, TX 114,803114.8k $14.8m $14.8m 0.12% Reduced -332 -332
100 CWM, LLC 0.05% of their portfolio OMAHA, NE 108,514108.5k $14.0m $14.0m 0.05% Added +6.0k +5,963