Vault-13

ISHARES TR CMF

CALIF MUN BD ETF · ETP · CUSIP 464288356

256 institutional holders +7 vs Q4 2023
40,559,26640.6m shares reported held*
$2.4bnreported value*
29 new 115 added 62 reduced 20 sold out net bought ≈ $190.7m (+3.0m 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 ($265.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $58.02.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 194Q4 22: 209Q1 23: 206Q2 23: 206Q3 23: 220Q4 23: 249Q1 24: 256256Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022194
Q4 2022209
Q1 2023206
Q2 2023206
Q3 2023220
Q4 2023249
Q1 2024256

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 23Q2 23: 111 bought or addedQ2 23: 65 cut or sold outQ2 23Q3 23: 117 bought or addedQ3 23: 71 cut or sold outQ3 23Q4 23: 119 bought or addedQ4 23: 98 cut or sold outQ4 23Q1 24: 144 bought or addedQ1 24: 82 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 202211173
Q1 202310177
Q2 202311165
Q3 202311771
Q4 202311998
Q1 202414482

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ2 23 calls: $0Q2 23 puts: $682.4kQ2 23P/C —Q3 23 calls: $0Q3 23 puts: $691.0kQ3 23P/C —Q4 23 calls: $0Q4 23 puts: $249.1kQ4 23P/C —Q1 24 calls: $0Q1 24 puts: $0Q1 24P/C —
Numbers
QuarterCallsPutsP/C
Q2 2023$0$682.4k—
Q3 2023$0$691.0k—
Q4 2023$0$249.1k—
Q1 2024$0$0—

Biggest buyers

MORGAN STANLEY Added +2,033,849+2.0m
FMR LLC Added +560,129+560.1k
BAILARD, INC. Added +516,719+516.7k
Charles Schwab Investment Advisory, Inc. Added +498,699+498.7k
Orin Green Financial, LLC New +340,845+340.8k
JANE STREET GROUP, LLC Added +339,683+339.7k
Facet Wealth, Inc. Added +174,372+174.4k
FIRST FOUNDATION ADVISORS Added +142,075+142.1k
West Wealth Group, LLC New +128,045+128.0k
JPMORGAN CHASE & CO Added +126,506+126.5k

Biggest sellers

Orin Green Financial, LLC Sold out -330,689-330.7k
ENVESTNET ASSET MANAGEMENT INC Reduced -318,125-318.1k
Financial Connections Group, Inc. Sold out -267,515-267.5k
BlackRock Inc. Reduced -172,850-172.8k
RENAISSANCE TECHNOLOGIES LLC Reduced -161,620-161.6k
Composition Wealth, LLC Reduced -152,510-152.5k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -150,982-151.0k
MERCER GLOBAL ADVISORS INC /ADV Reduced -139,047-139.0k
SIGNATURE ESTATE & INVESTMENT ADVISORS LLC Sold out -119,441-119.4k
Cetera Advisor Networks LLC Sold out -105,926-105.9k

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Charles Schwab Investment Advisory, Inc. 0.76% of their portfolio SAN FRANCISCO, CA 9,582,5839.6m $551.4m $551.4m 0.76% Added +498.7k +498,699
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 5,374,6295.4m $309.3m $309.3m 0.01% Added +2.0m +2,033,849
3 FMR LLC 0.02% of their portfolio BOSTON, MA 5,196,8255.2m $299.0m $299.0m 0.02% Added +560.1k +560,129
4 EP Wealth Advisors, LLC 0.85% of their portfolio TORRANCE, CA 1,262,6481.3m $72.7m $72.7m 0.85% Reduced -3.6k -3,629
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,124,0951.1m $64.7m $64.7m 0.01% Reduced -29.8k -29,766
6 UBS Group AG 0.02% of their portfolio ZURICH, V8 855,706855.7k $49.2m $49.2m 0.02% Reduced -38.2k -38,220
7 Mariner, LLC 0.09% of their portfolio Overland Park, KS 759,429759.4k $43.7m $43.7m 0.09% Added +31.9k +31,945
8 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 716,203716.2k $41.2m $41.2m 0.02% Added +32.7k +32,747
9 BAILARD, INC. 1.05% of their portfolio Foster City, CA 662,709662.7k $38.1m $38.1m 1.05% Added +516.7k +516,719
10 TIAA TRUST, NATIONAL ASSOCIATION 0.11% of their portfolio CHARLOTTE, NC 641,580641.6k $36.9m $36.9m 0.11% Added +15.0k +14,967
11 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 626,226626.2k $36.0m $36.0m 0.01% Added +21.2k +21,226
12 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 596,539596.5k $34.3m $34.3m 0.04% Reduced -151.0k -150,982
13 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 585,882585.9k $33.7m $33.7m 0.01% Reduced -318.1k -318,125
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 569,056569.1k $32.7m $32.7m 0.00% Added +126.5k +126,506
15 FIRST FOUNDATION ADVISORS 1.28% of their portfolio Irvine, CA 556,424556.4k $32.0m $32.0m 1.28% Added +142.1k +142,075
16 Facet Wealth, Inc. 0.89% of their portfolio WEST PALM BEACH, FL 463,495463.5k $26.5m $26.5m 0.89% Added +174.4k +174,372
17 Manhattan West Asset Management, LLC 5.95% of their portfolio Los Angeles, CA 430,837430.8k $24.8m $24.8m 5.95% Reduced -5.4k -5,393
18 Raub Brock Capital Management LP 4.98% of their portfolio LARKSPUR, CA 408,745408.7k $23.5m $23.5m 4.98% Reduced -10.0k -10,020
19 MERCER GLOBAL ADVISORS INC /ADV 0.07% of their portfolio DENVER, CO 398,791398.8k $22.9m $22.9m 0.07% Reduced -139.0k -139,047
20 Slow Capital, Inc. 3.62% of their portfolio GREENBRAE, CA 392,661392.7k $22.6m $22.6m 3.62% Reduced -30.1k -30,117
21 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 350,698350.7k $20.2m $20.2m 0.03% Added +339.7k +339,683
22 Orin Green Financial, LLC 9.22% of their portfolio SAN DIEGO, CA 340,845340.8k $19.6m $19.6m 9.22% New
23 Opes Wealth Management LLC 4.52% of their portfolio MENLO PARK, CA 340,083340.1k $19.6m $19.6m 4.52% Added +46.0k +45,969
24 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 339,773339.8k $19.6m $19.6m 0.00% Added +11.9k +11,853
25 RWA WEALTH PARTNERS, LLC 0.26% of their portfolio BOSTON, MA 333,737333.7k $19.2m $19.2m 0.26% Added +1.4k +1,439
26 Brio Consultants, LLC 2.95% of their portfolio SAN FRANCISCO, CA 304,140304.1k $17.5m $17.5m 2.95% Added +25.6k +25,624
27 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 297,280297.3k $17.1m $17.1m 0.01% Added +2.3k +2,337
28 ASSETMARK, INC 0.05% of their portfolio CONCORD, CA 246,333246.3k $14.2m $14.2m 0.05% Added +13.4k +13,371
29 MYECFO, LLC 6.95% of their portfolio La Jolla, CA 206,092206.1k $11.8m $11.8m 6.95% Added +14.0k +13,971
30 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 195,344195.3k $11.2m $11.2m 0.00% Reduced -39.9k -39,858
31 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 191,797191.8k $11.0m $11.0m 0.03% Added +50.0k +50,008
32 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 190,316190.3k $11.0m $11.0m 0.02% Added +9.8k +9,804
33 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 187,524187.5k $10.8m $10.8m 0.01% Added +14.9k +14,943
34 Pure Financial Advisors, LLC 0.32% of their portfolio SAN DIEGO, CA 175,061175.1k $10.1m $10.1m 0.32% Added +3.4k +3,407
35 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 174,345174.3k $10.0m $10.0m 0.00% Reduced -10.4k -10,437
36 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 166,774166.8k $9.6m $9.6m 0.01% Added +7.3k +7,253
37 Betterment LLC 0.03% of their portfolio NEW YORK, NY 163,274163.3k $9.4m $9.4m 0.03% Added +47.7k +47,693
38 Composition Wealth, LLC 0.23% of their portfolio LOS ANGELES, CA 157,945157.9k $9.1m $9.1m 0.23% Reduced -152.5k -152,510
39 Beacon Pointe Advisors, LLC 0.08% of their portfolio NEWPORT BEACH, CA 131,128131.1k $7.5m $7.5m 0.08% Added +8.3k +8,349
40 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 129,534129.5k $7.5m $7.5m 0.02% Added +11.8k +11,846
41 West Wealth Group, LLC 2.73% of their portfolio Irvine, CA 128,045128.0k $7.4m $7.4m 2.73% New
42 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 125,707125.7k $7.2m $7.2m 0.01% Added +16.9k +16,911
43 BlackRock Inc. 0.00% of their portfolio New York, NY 122,588122.6k $7.1m $7.1m 0.00% Reduced -172.8k -172,850
44 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.02% of their portfolio LOS ANGELES, CA 117,142117.1k $6.7m $6.7m 0.02% Reduced -9.4k -9,371
45 Certus Wealth Management, LLC 5.24% of their portfolio SAN CARLOS, CA 115,626115.6k $6.6m $6.6m 5.24% Added +42.4k +42,392
46 CHOREO, LLC 0.17% of their portfolio ROCKFORD, IL 114,332114.3k $6.6m $6.6m 0.17% Reduced -1.9k -1,949
47 MISSION WEALTH MANAGEMENT, LP 0.17% of their portfolio Santa Barbara, CA 112,885112.9k $6.5m $6.5m 0.17% Reduced -755 -755
48 Rinkey Investments 2.34% of their portfolio San Diego, CA 111,367111.4k $6.4m $6.4m 2.34% Added +1.6k +1,585
49 Navalign, LLC 2.06% of their portfolio ENCINO, CA 107,904107.9k $6.2m $6.2m 2.06% Added +6.1k +6,083
50 Affinity Capital Advisors, LLC 1.23% of their portfolio BERKELEY, CA 96,10796.1k $5.5m $5.5m 1.23% Added +31.0k +30,988
51 Traveka Wealth, LLC 2.50% of their portfolio LOS ALTOS, CA 94,17794.2k $5.4m $5.4m 2.50% Added +2.0k +2,029
52 Parallel Advisors, LLC 0.14% of their portfolio SAN FRANCISCO, CA 91,94391.9k $5.3m $5.3m 0.14% Added +1.3k +1,259
53 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 91,18091.2k $5.2m $5.2m 0.01% Reduced -161.6k -161,620
54 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 89,32989.3k $5.1m $5.1m 0.02% Reduced -8.3k -8,302
55 BANK OF STOCKTON 1.54% of their portfolio STOCKTON, CA 86,43586.4k $5.0m $5.0m 1.54% Reduced -45 -45
56 Prime Capital Investment Advisors, LLC 0.07% of their portfolio OVERLAND PARK, KS 85,29685.3k $4.9m $4.9m 0.07% Unchanged
57 Dynamic Advisor Solutions LLC 0.16% of their portfolio PHOENIX, AZ 84,82184.8k $4.9m $4.9m 0.16% Reduced -410 -410
58 Envestnet Portfolio Solutions, Inc. 0.02% of their portfolio BERWYN, PA 84,68984.7k $4.9m $4.9m 0.02% Added +26.6k +26,566
59 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 82,67082.7k $4.8m $4.8m 0.00% Unchanged
60 Freestone Capital Holdings, LLC 0.16% of their portfolio Seattle, WA 74,97875.0k $4.3m $4.3m 0.16% Reduced -593 -593
61 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 74,73874.7k $4.3m $4.3m 0.03% Added +6.2k +6,242
62 WHITTIER TRUST CO 0.06% of their portfolio SOUTH PASADENA, CA 74,20574.2k $4.3m $4.3m 0.06% Added +12.4k +12,386
63 LODESTAR PRIVATE ASSET MANAGEMENT LLC 0.57% of their portfolio ALAMO, CA 68,94168.9k $4.0m $4.0m 0.57% Added +2.2k +2,195
64 FIRST AMERICAN TRUST, FSB 0.41% of their portfolio SANTA ANA, CA 67,72467.7k $3.9m $3.9m 0.41% Added +2.3k +2,317
65 Elmwood Wealth Management, Inc. 1.55% of their portfolio BERKELEY, CA 62,89062.9k $3.6m $3.6m 1.55% Added +10.3k +10,268
66 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 61,46961.5k $3.5m $3.5m 0.01% Reduced -59.6k -59,647
67 Omega Financial Group, LLC 1.44% of their portfolio Santa Barbara, CA 60,99761.0k $3.5m $3.5m 1.44% Added +2.8k +2,827
68 SteelPeak Wealth, LLC 0.18% of their portfolio WOODLAND HILLS, CA 60,22560.2k $3.5m $3.5m 0.18% Added +6.0k +5,963
69 LINCOLN NATIONAL CORP 0.05% of their portfolio RADNOR, PA 57,53057.5k $3.3m $3.3m 0.05% Reduced -163 -163
70 Spinnaker Investment Group, LLC 0.93% of their portfolio Newport Beach, CA 57,40157.4k $3.3m $3.3m 0.93% Added +5.4k +5,385
71 EHRLICH FINANCIAL GROUP 2.74% of their portfolio LAGUNA NIGUEL, CA 56,64156.6k $3.3m $3.3m 2.74% Added +17.0k +17,002
72 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.03% of their portfolio IRVING, TX 56,06156.1k $3.2m $3.2m 0.03% Reduced -6.3k -6,294
73 Bell Investment Advisors, Inc 0.62% of their portfolio ORINDA, CA 54,87454.9k $3.2m $3.2m 0.62% Added +4.0k +4,028
74 Warren Street Wealth Advisors, LLC 1.54% of their portfolio IRVINE, CA 54,00454.0k $3.1m $3.1m 1.54% Reduced -1.5k -1,474
75 Creative Capital Management Investments LLC 1.59% of their portfolio SAN DIEGO, CA 53,57053.6k $3.1m $3.1m 1.59% Added +1.1k +1,055
76 Heritage Wealth Management, Inc. /CA/ 2.98% of their portfolio SAN DIEGO, CA 52,21352.2k $3.0m $3.0m 2.98% Added +5.5k +5,550
77 Williams & Novak, LLC 2.93% of their portfolio WESTLAKE VILLAGE, CA 44,50044.5k $2.6m $2.6m 2.93% Unchanged
78 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 42,77842.8k $2.5m $2.5m 0.01% Added +5.9k +5,877
79 DeDora Capital, Inc. 0.78% of their portfolio Napa, CA 42,41442.4k $2.4m $2.4m 0.78% Added +1.1k +1,095
80 Westside Investment Management, Inc. 0.55% of their portfolio SANTA MONICA, CA 40,02040.0k $2.3m $2.3m 0.55% Added +350 +350
81 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 39,46639.5k $2.3m $2.3m 0.00% Reduced -5.2k -5,234
82 Pacific Capital Wealth Advisors, Inc. 0.50% of their portfolio CORONA, CA 36,61336.6k $2.1m $2.1m 0.50% Reduced -2.5k -2,469
83 RHS Financial, LLC 1.22% of their portfolio SAN FRANCISCO, CA 36,34936.3k $2.1m $2.1m 1.22% Added +13.1k +13,054
84 EVERGREEN CAPITAL MANAGEMENT LLC 0.08% of their portfolio Bellevue, WA 35,37935.4k $2.0m $2.0m 0.08% Reduced -10.5k -10,500
85 BUCKINGHAM STRATEGIC WEALTH, LLC 0.02% of their portfolio CLAYTON, MO 35,29135.3k $2.0m $2.0m 0.02% Added +18.3k +18,279
86 Compound Planning, Inc. 0.17% of their portfolio NEW YORK, NY 32,87632.9k $1.9m $1.9m 0.17% Added +12.1k +12,120
87 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 32,63232.6k $1.9m $1.9m 0.00% Reduced -4.4k -4,385
88 GOULD ASSET MANAGEMENT LLC /CA/ 0.44% of their portfolio CLAREMONT, CA 31,52031.5k $1.8m $1.8m 0.44% Added +4.3k +4,345
89 Hamilton Wealth, LLC 0.52% of their portfolio LOS ANGELES, CA 29,17529.2k $1.7m $1.7m 0.52% Added +18.4k +18,433
90 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 28,19928.2k $1.6m $1.6m 0.00% Added +5.4k +5,448
91 Towerpoint Wealth, LLC 0.79% of their portfolio SACRAMENTO, CA 27,18427.2k $1.6m $1.6m 0.79% Reduced -313 -313
92 Running Point Capital Advisors, LLC 0.70% of their portfolio EL SEGUNDO, CA 27,05427.1k $1.6m $1.6m 0.70% Unchanged
93 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.05% of their portfolio Seattle, WA 26,44926.4k $1.5m $1.5m 0.05% Reduced -3.2k -3,221
94 Clark Asset Management, LLC 0.46% of their portfolio STRATHAM, NH 26,21526.2k $1.5m $1.5m 0.46% Added +57 +57
95 FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio Greenbrae, CA 26,17526.2k $1.5m $1.5m 0.08% Reduced -33.3k -33,300
96 Apella Capital, LLC 0.07% of their portfolio WEST HARTFORD, CT 25,74725.7k $1.5m $1.5m 0.07% Reduced -666 -666
97 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio Stamford, CT 25,62525.6k $1.5m $1.5m 0.02% Added +7.5k +7,482
98 Boltwood Capital Management 0.44% of their portfolio WALNUT CREEK, CA 24,56024.6k $1.4m $1.4m 0.44% Added +185 +185
99 SimpliFi, Inc. 0.64% of their portfolio SAN DIEGO, CA 24,23924.2k $1.4m $1.4m 0.64% Reduced -2.6k -2,592
100 Neumann Capital Management, LLC 0.49% of their portfolio FOSTER CITY, CA 24,02024.0k $1.4m $1.4m 0.49% Added +8.8k +8,800