Vault-13

ISHARES TR CMF

CALIF MUN BD ETF · ETP · CUSIP 464288356

206 institutional holders -3 vs Q4 2022
26,294,44226.3m shares reported held*
$1.5bnreported value*
20 new 81 added 57 reduced 20 sold out net bought ≈ $126.7m (+2.2m 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 ($820.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $57.39. Options: 1 managers hold calls ($258.4k notional), 0 hold puts (—).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 194Q4 22: 209Q1 23: 206206Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022194
Q4 2022209
Q1 2023206

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 111 bought or addedQ4 22: 73 cut or sold outQ4 22Q1 23: 101 bought or addedQ1 23: 77 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 202211173
Q1 202310177

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ3 22 calls: $369.0kQ3 22 puts: $933.0kQ3 22P/C 2.53Q4 22 calls: $465.7kQ4 22 puts: $303.0kQ4 22P/C 0.65Q1 23 calls: $258.4kQ1 23 puts: $0Q1 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$369.0k$933.0k2.53
Q4 2022$465.7k$303.0k0.65
Q1 2023$258.4k$00.00

Biggest buyers

Charles Schwab Investment Advisory, Inc. Added +2,596,728+2.6m
FMR LLC Added +484,037+484.0k
LPL Financial LLC Added +172,496+172.5k
BAILARD, INC. Added +137,340+137.3k
WELLS FARGO & COMPANY/MN Added +132,691+132.7k
CHOREO, LLC New +107,473+107.5k
BANK OF MONTREAL /CAN/ Added +80,057+80.1k
MORGAN STANLEY Added +73,458+73.5k
TIAA, FSB New +69,961+70.0k
Parallel Advisors, LLC Added +67,713+67.7k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -693,278-693.3k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -641,264-641.3k
EP Wealth Advisors, LLC Reduced -147,494-147.5k
US BANCORP \DE\ Reduced -111,303-111.3k
FLOW TRADERS U.S. LLC Sold out -70,208-70.2k
OLD MISSION CAPITAL LLC Sold out -56,013-56.0k
MERCER GLOBAL ADVISORS INC /ADV Reduced -48,155-48.2k
ALLIANCEBERNSTEIN L.P. Reduced -47,966-48.0k
Stratos Wealth Partners, LTD. Reduced -45,629-45.6k
Lido Advisors, LLC Reduced -43,843-43.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $258.4k4.5k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Charles Schwab Investment Advisory, Inc. 0.82% of their portfolio SAN FRANCISCO, CA 8,993,1159.0m $516.4m $516.4m 0.82% Added +2.6m +2,596,728
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,567,5151.6m $90.0m $90.0m 0.01% Added +73.5k +73,458
3 FMR LLC 0.00% of their portfolio BOSTON, MA 940,210940.2k $54.0m $54.0m 0.00% Added +484.0k +484,037
4 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 935,023935.0k $53.7m $53.7m 0.01% Reduced -693.3k -693,278
5 BAILARD, INC. 1.66% of their portfolio Foster City, CA 808,511808.5k $46.4m $46.4m 1.66% Added +137.3k +137,340
6 Mariner, LLC 0.11% of their portfolio Overland Park, KS 686,245686.2k $39.4m $39.4m 0.11% Added +24.0k +24,009
7 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 571,707571.7k $32.8m $32.8m 0.02% Reduced -4.5k -4,478
8 Slow Capital, Inc. 5.71% of their portfolio GREENBRAE, CA 531,250531.2k $30.5m $30.5m 5.71% Added +42.7k +42,749
9 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 495,137495.1k $28.4m $28.4m 0.02% Added +172.5k +172,496
10 Composition Wealth, LLC 0.91% of their portfolio LOS ANGELES, CA 486,991487.0k $28.0m $28.0m 0.91% Reduced -8.2k -8,245
11 Brio Consultants, LLC 5.15% of their portfolio SAN FRANCISCO, CA 484,650484.6k $27.8m $27.8m 5.15% Added +10.0k +9,995
12 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 478,042478.0k $27.4m $27.4m 0.01% Added +132.7k +132,691
13 Stratos Wealth Partners, LTD. 0.68% of their portfolio BEACHWOOD, OH 446,511446.5k $25.6m $25.6m 0.68% Reduced -45.6k -45,629
14 RWA WEALTH PARTNERS, LLC 0.46% of their portfolio BOSTON, MA 335,530335.5k $19.3m $19.3m 0.46% Added +3.0k +3,029
15 UBS Group AG 0.01% of their portfolio ZURICH, V8 317,286317.3k $18.2m $18.2m 0.01% Reduced -31.2k -31,176
16 Manhattan West Asset Management, LLC 7.79% of their portfolio Los Angeles, CA 311,732311.7k $17.9m $17.9m 7.79% Added +31.6k +31,600
17 Orin Green Financial, LLC 9.60% of their portfolio SAN DIEGO, CA 308,852308.9k $17.7m $17.7m 9.60% Added +11.1k +11,149
18 BlackRock Inc. 0.00% of their portfolio New York, NY 294,983295.0k $16.9m $16.9m 0.00% Added +6.5k +6,513
19 MERCER GLOBAL ADVISORS INC /ADV 0.07% of their portfolio DENVER, CO 251,893251.9k $14.5m $14.5m 0.07% Reduced -48.2k -48,155
20 Opes Wealth Management LLC 4.56% of their portfolio MENLO PARK, CA 246,364246.4k $14.1m $14.1m 4.56% Added +30.6k +30,571
21 ASSETMARK, INC 0.06% of their portfolio CONCORD, CA 241,539241.5k $13.9m $13.9m 0.06% Reduced -6.6k -6,590
22 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 193,016193.0k $11.1m $11.1m 0.02% Added +2.0k +1,982
23 Pure Financial Advisors, LLC 0.49% of their portfolio SAN DIEGO, CA 185,980186.0k $10.7m $10.7m 0.49% Added +2.4k +2,379
24 MYECFO, LLC 7.78% of their portfolio La Jolla, CA 180,721180.7k $10.4m $10.4m 7.78% Added +39.0k +38,996
25 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 179,352179.4k $10.3m $10.3m 0.00% Reduced -48.0k -47,966
26 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 179,040179.0k $10.3m $10.3m 0.01% Added +28.2k +28,154
27 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 176,172176.2k $10.1m $10.1m 0.02% Reduced -942 -942
28 Financial Connections Group, Inc. 7.03% of their portfolio CORTE MADERA, CA 172,485172.5k $9.9m $9.9m 7.03% Reduced -2.0k -1,960
29 WEALTHSOURCE PARTNERS, LLC 0.67% of their portfolio SAN LUIS OBISPO, CA 172,246172.2k $9.9m $9.9m 0.67% Reduced -1.1k -1,117
30 FIRST FOUNDATION ADVISORS 0.41% of their portfolio Irvine, CA 156,927156.9k $9.0m $9.0m 0.41% Reduced -10.8k -10,786
31 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 154,874154.9k $8.9m $8.9m 0.02% Reduced -111.3k -111,303
32 CAPTRUST FINANCIAL ADVISORS 0.04% of their portfolio RALEIGH, NC 146,054146.1k $8.4m $8.4m 0.04% Reduced -18.8k -18,826
33 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 144,400144.4k $8.3m $8.3m 0.01% Added +18.6k +18,600
34 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 143,519143.5k $8.2m $8.2m 0.02% Added +25.0k +25,000
35 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.05% of their portfolio IRVING, TX 142,271142.3k $8.2m $8.2m 0.05% Added +106 +106
36 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 141,795141.8k $8.1m $8.1m 0.00% Reduced -13.5k -13,541
37 MISSION WEALTH MANAGEMENT, LP 0.33% of their portfolio Santa Barbara, CA 135,707135.7k $7.8m $7.8m 0.33% Reduced -1.1k -1,109
38 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.02% of their portfolio LOS ANGELES, CA 134,257134.3k $7.7m $7.7m 0.02% Added +1.7k +1,681
39 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 116,392116.4k $6.7m $6.7m 0.06% Added +16.6k +16,629
40 CHOREO, LLC 0.22% of their portfolio ROCKFORD, IL 107,473107.5k $6.2m $6.2m 0.22% New
41 Parallel Advisors, LLC 0.20% of their portfolio SAN FRANCISCO, CA 103,586103.6k $5.9m $5.9m 0.20% Added +67.7k +67,713
42 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 102,975103.0k $5.9m $5.9m 0.01% Added +1.2k +1,186
43 Beacon Pointe Advisors, LLC 0.10% of their portfolio NEWPORT BEACH, CA 98,43298.4k $5.7m $5.7m 0.10% Reduced -4.5k -4,454
44 LODESTAR PRIVATE ASSET MANAGEMENT LLC 0.96% of their portfolio ALAMO, CA 93,59693.6k $5.4m $5.4m 0.96% Added +834 +834
45 Betterment LLC 0.02% of their portfolio NEW YORK, NY 91,09291.1k $5.2m $5.2m 0.02% Added +13.8k +13,768
46 Navalign, LLC 2.17% of their portfolio ENCINO, CA 90,24390.2k $5.2m $5.2m 2.17% Reduced -17.1k -17,100
47 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 88,56288.6k $5.1m $5.1m 0.01% Reduced -2.0k -1,986
48 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 82,67082.7k $4.7m $4.7m 0.00% Unchanged
49 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 82,24782.2k $4.7m $4.7m 0.00% Added +80.1k +80,057
50 Cetera Advisor Networks LLC 0.03% of their portfolio EL SEGUNDO, CA 77,52677.5k $4.5m $4.5m 0.03% Added +1.3k +1,309
51 AJ WEALTH STRATEGIES, LLC 0.22% of their portfolio NEW YORK, NY 73,03373.0k $4.2m $4.2m 0.22% Added +213 +213
52 Spinnaker Investment Group, LLC 1.46% of their portfolio Newport Beach, CA 72,13772.1k $4.1m $4.1m 1.46% Reduced -290 -290
53 SteelPeak Wealth, LLC 0.28% of their portfolio WOODLAND HILLS, CA 70,65770.7k $4.1m $4.1m 0.28% Added +20.7k +20,720
54 Creative Capital Management Investments LLC 2.94% of their portfolio SAN DIEGO, CA 70,11470.1k $4.0m $4.0m 2.94% Added +175 +175
55 TIAA, FSB 0.01% of their portfolio ST. LOUIS, MO 69,96170.0k $4.0m $4.0m 0.01% New
56 WHITTIER TRUST CO 0.07% of their portfolio SOUTH PASADENA, CA 69,53869.5k $4.0m $4.0m 0.07% Reduced -5.7k -5,692
57 Atria Wealth Solutions, Inc. 0.06% of their portfolio NEW YORK, NY 65,76565.8k $3.8m $3.8m 0.06% Added +5.1k +5,095
58 Omega Financial Group, LLC 1.63% of their portfolio Santa Barbara, CA 61,64561.6k $3.5m $3.5m 1.63% Added +9.0k +8,987
59 FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC 0.23% of their portfolio Greenbrae, CA 61,02561.0k $3.5m $3.5m 0.23% Added +3.9k +3,900
60 Clark Asset Management, LLC 2.08% of their portfolio STRATHAM, NH 60,66960.7k $3.5m $3.5m 2.08% Added +232 +232
61 Warren Street Wealth Advisors, LLC 2.37% of their portfolio IRVINE, CA 57,93857.9k $3.3m $3.3m 2.37% Reduced -2.1k -2,084
62 LINCOLN NATIONAL CORP 0.06% of their portfolio RADNOR, PA 51,68851.7k $3.0m $3.0m 0.06% Added +21.1k +21,086
63 Evanson Asset Management, LLC 0.29% of their portfolio CARMEL, CA 50,40450.4k $2.9m $2.9m 0.29% Added +96 +96
64 Pacific Capital Wealth Advisors, Inc. 0.74% of their portfolio CORONA, CA 50,02050.0k $2.9m $2.9m 0.74% Reduced -436 -436
65 Freestone Capital Holdings, LLC 0.13% of their portfolio Seattle, WA 49,61749.6k $2.8m $2.8m 0.13% Added +603 +603
66 FIRST AMERICAN TRUST, FSB 0.39% of their portfolio SANTA ANA, CA 45,30545.3k $2.6m $2.6m 0.39% Added +4.4k +4,417
67 Towerpoint Wealth, LLC 1.44% of their portfolio SACRAMENTO, CA 43,93243.9k $2.5m $2.5m 1.44% Reduced -4.0k -4,029
68 EVERGREEN CAPITAL MANAGEMENT LLC 0.11% of their portfolio Bellevue, WA 43,48443.5k $2.5m $2.5m 0.11% Added +8.4k +8,421
69 EP Wealth Advisors, LLC 0.03% of their portfolio TORRANCE, CA 42,69042.7k $1.6m $1.6m 0.03% Reduced -147.5k -147,494
70 Dynamic Advisor Solutions LLC 0.14% of their portfolio PHOENIX, AZ 41,81241.8k $2.4m $2.4m 0.14% Reduced -17.4k -17,368
71 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 41,56941.6k $2.4m $2.4m 0.01% Added +122 +122
72 Running Point Capital Advisors, LLC 1.23% of their portfolio EL SEGUNDO, CA 35,34635.3k $2.0m $2.0m 1.23% Unchanged
73 Leisure Capital Management 1.16% of their portfolio COSTA MESA, CA 35,10235.1k $2.0m $2.0m 1.16% Reduced -41.7k -41,717
74 Rinkey Investments 1.04% of their portfolio San Diego, CA 34,68034.7k $2.0m $2.0m 1.04% Added +3.4k +3,440
75 Safeguard Investment Advisory Group, LLC 0.92% of their portfolio Corona, CA 33,22633.2k $1.9m $1.9m 0.92% Reduced -1.9k -1,933
76 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 32,95233.0k $1.9m $1.9m 0.00% Reduced -5.4k -5,394
77 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.08% of their portfolio Seattle, WA 32,24432.2k $1.9m $1.9m 0.08% Reduced -5.1k -5,054
78 RHS Financial, LLC 1.33% of their portfolio SAN FRANCISCO, CA 30,56830.6k $1.8m $1.8m 1.33% Added +1.9k +1,918
79 Curtis Advisory Group, LLC 0.64% of their portfolio SANTA BARBARA, CA 30,42230.4k $1.7m $1.7m 0.64% Reduced -3.0k -2,962
80 Westside Investment Management, Inc. 0.49% of their portfolio SANTA MONICA, CA 29,00229.0k $1.7m $1.7m 0.49% Added +4.7k +4,700
81 JOURNEY STRATEGIC WEALTH LLC 0.17% of their portfolio SUMMIT, NJ 27,60027.6k $1.6m $1.6m 0.17% Reduced -4.5k -4,523
82 W1M Asset Management Ltd 0.14% of their portfolio London, X0 26,60026.6k $1.5m $1.5m 0.14% Unchanged
83 Caerus Investment Advisors, LLC 1.74% of their portfolio WEST LAKE HILLS, TX 26,26426.3k $1.5m $1.5m 1.74% Unchanged
84 McNaughton Wealth Management, LLC 1.00% of their portfolio SAN DIEGO, CA 26,16126.2k $1.5m $1.5m 1.00% Unchanged
85 Boltwood Capital Management 0.55% of their portfolio WALNUT CREEK, CA 25,62525.6k $1.5m $1.5m 0.55% Added +725 +725
86 Empower Advisory Group, LLC 0.01% of their portfolio Greenwood Village, CO 25,57525.6k $1.5m $1.5m 0.01% First filing
87 DeDora Capital, Inc. 0.60% of their portfolio Napa, CA 24,59624.6k $1.4m $1.4m 0.60% New
88 HCR Wealth Advisors 0.27% of their portfolio LOS ANGELES, CA 23,82423.8k $1.4m $1.4m 0.27% Added +555 +555
89 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 23,21823.2k $1.3m $1.3m 0.00% Reduced -8.8k -8,793
90 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 22,85322.9k $1.3m $1.3m 0.02% Reduced -1.4k -1,351
91 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 21,70921.7k $1.2m $1.2m 0.01% Added +2.7k +2,735
92 AVANTAX ADVISORY SERVICES, INC. 0.02% of their portfolio DALLAS, TX 21,39321.4k $1.2m $1.2m 0.02% Added +1.2k +1,230
93 GOULD ASSET MANAGEMENT LLC /CA/ 0.34% of their portfolio CLAREMONT, CA 21,01021.0k $1.2m $1.2m 0.34% Reduced -7.5k -7,460
94 Private Ocean, LLC 0.16% of their portfolio SAN RAFAEL, CA 20,80320.8k $1.2m $1.2m 0.16% Unchanged
95 Traverso Chambers Private Wealth Management, LLC 0.33% of their portfolio SANTA ROSA, CA 20,73220.7k $1.2m $1.2m 0.33% Added +358 +358
96 Merriman Wealth Management, LLC 0.06% of their portfolio SEATTLE, WA 20,10720.1k $1.2m $1.2m 0.06% Reduced -400 -400
97 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 20,08320.1k $1.2m $1.2m 0.01% Added +8.6k +8,640
98 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 20,08320.1k $1.2m $1.2m 0.01% Added +10.9k +10,891
99 VERITY Wealth Advisors 1.00% of their portfolio SAUSALITO, X1 18,78718.8k $1.1m $1.1m 1.00% Unchanged
100 BANK OF STOCKTON 0.36% of their portfolio STOCKTON, CA 18,17018.2k $1.0m $1.0m 0.36% Added +9.2k +9,222