Vault-13

ISHARES TR CMF

CALIF MUN BD ETF · ETP · CUSIP 464288356

252 institutional holders -4 vs Q1 2024
37,975,79938.0m shares reported held*
$2.2bnreported value*
18 new 110 added 65 reduced 23 sold out net sold ≈ $170.0m (-2.6m 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 ($264.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $56.85. Options: 1 managers hold calls ($341.3k notional), 1 hold puts ($256.0k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 194Q4 22: 209Q1 23: 206Q2 23: 206Q3 23: 220Q4 23: 249Q1 24: 256Q2 24: 252252Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022194
Q4 2022209
Q1 2023206
Q2 2023206
Q3 2023220
Q4 2023249
Q1 2024256
Q2 2024252

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 outQ2 23: 111 bought or addedQ2 23: 65 cut or sold outQ2 23Q3 23: 117 bought or addedQ3 23: 71 cut or sold outQ4 23: 119 bought or addedQ4 23: 98 cut or sold outQ4 23Q1 24: 144 bought or addedQ1 24: 82 cut or sold outQ2 24: 128 bought or addedQ2 24: 88 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202211173
Q1 202310177
Q2 202311165
Q3 202311771
Q4 202311998
Q1 202414482
Q2 202412888

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ3 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 —Q2 24 calls: $341.3kQ2 24 puts: $256.0kQ2 24P/C 0.75
Numbers
QuarterCallsPutsP/C
Q3 2023$0$691.0k—
Q4 2023$0$249.1k—
Q1 2024$0$0—
Q2 2024$341.3k$256.0k0.75

Biggest buyers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC New +9,605,110+9.6m
FMR LLC Added +451,055+451.1k
Orin Green Financial, LLC New +344,948+344.9k
Financial Connections Group, Inc. New +246,144+246.1k
OneDigital Investment Advisors LLC Added +162,515+162.5k
JPMORGAN CHASE & CO Added +146,150+146.2k
Facet Wealth, Inc. Added +120,444+120.4k
BlackRock Inc. Added +117,505+117.5k
NewEdge Advisors, LLC Added +106,490+106.5k
Hamilton Wealth, LLC Added +101,621+101.6k

Biggest sellers

Charles Schwab Investment Advisory, Inc. Sold out -9,582,583-9.6m
MORGAN STANLEY Reduced -3,582,563-3.6m
JANE STREET GROUP, LLC Sold out -350,698-350.7k
Orin Green Financial, LLC Sold out -340,845-340.8k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -293,839-293.8k
ENVESTNET ASSET MANAGEMENT INC Reduced -148,109-148.1k
Manhattan West Asset Management, LLC Reduced -115,119-115.1k
MERCER GLOBAL ADVISORS INC /ADV Reduced -106,486-106.5k
Slow Capital, Inc. Reduced -97,365-97.4k
BANK OF AMERICA CORP /DE/ Reduced -79,689-79.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $341.3k6.0k shares

Biggest puts

WOLVERINE TRADING, LLC New $256.0k4.5k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.10% of their portfolio SAN FRANCISCO, CA 9,605,1109.6m $546.3m $546.3m 0.10% New
2 FMR LLC 0.02% of their portfolio BOSTON, MA 5,647,8805.6m $321.3m $321.3m 0.02% Added +451.1k +451,055
3 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,792,0661.8m $101.9m $101.9m 0.01% Reduced -3.6m -3,582,563
4 EP Wealth Advisors, LLC 0.77% of their portfolio TORRANCE, CA 1,273,7101.3m $72.4m $72.4m 0.77% Added +11.1k +11,062
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,044,4061.0m $59.4m $59.4m 0.01% Reduced -79.7k -79,689
6 Mariner, LLC 0.09% of their portfolio Overland Park, KS 825,257825.3k $46.9m $46.9m 0.09% Added +65.8k +65,828
7 UBS Group AG 0.01% of their portfolio ZURICH, V8 811,456811.5k $46.2m $46.2m 0.01% Reduced -44.2k -44,250
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 715,206715.2k $40.7m $40.7m 0.00% Added +146.2k +146,150
9 BAILARD, INC. 1.12% of their portfolio Foster City, CA 712,097712.1k $40.5m $40.5m 1.12% Added +49.4k +49,388
10 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 690,258690.3k $39.3m $39.3m 0.02% Reduced -25.9k -25,945
11 TIAA TRUST, NATIONAL ASSOCIATION 0.11% of their portfolio CHARLOTTE, NC 647,570647.6k $36.8m $36.8m 0.11% Added +6.0k +5,990
12 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 591,013591.0k $33.6m $33.6m 0.01% Reduced -35.2k -35,213
13 Facet Wealth, Inc. 1.03% of their portfolio WEST PALM BEACH, FL 583,939583.9k $33.5m $33.5m 1.03% Added +120.4k +120,444
14 FIRST FOUNDATION ADVISORS 1.22% of their portfolio Irvine, CA 561,734561.7k $32.0m $32.0m 1.22% Added +5.3k +5,310
15 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 437,773437.8k $24.9m $24.9m 0.01% Reduced -148.1k -148,109
16 Raub Brock Capital Management LP 5.07% of their portfolio LARKSPUR, CA 408,430408.4k $23.2m $23.2m 5.07% Reduced -315 -315
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 351,487351.5k $20.0m $20.0m 0.00% Added +11.7k +11,714
18 Orin Green Financial, LLC 9.04% of their portfolio SAN DIEGO, CA 344,948344.9k $19.6m $19.6m 9.04% New
19 Brio Consultants, LLC 3.20% of their portfolio SAN FRANCISCO, CA 340,997341.0k $19.4m $19.4m 3.20% Added +36.9k +36,857
20 RWA WEALTH PARTNERS, LLC 0.25% of their portfolio BOSTON, MA 331,900331.9k $18.9m $18.9m 0.25% Reduced -1.8k -1,837
21 Opes Wealth Management LLC 3.91% of their portfolio MENLO PARK, CA 329,406329.4k $18.7m $18.7m 3.91% Reduced -10.7k -10,677
22 Manhattan West Asset Management, LLC 4.85% of their portfolio Los Angeles, CA 315,718315.7k $18.0m $18.0m 4.85% Reduced -115.1k -115,119
23 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 302,700302.7k $17.2m $17.2m 0.02% Reduced -293.8k -293,839
24 Slow Capital, Inc. 2.72% of their portfolio GREENBRAE, CA 295,296295.3k $16.8m $16.8m 2.72% Reduced -97.4k -97,365
25 MERCER GLOBAL ADVISORS INC /ADV 0.04% of their portfolio DENVER, CO 292,305292.3k $15.5m $15.5m 0.04% Reduced -106.5k -106,486
26 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 258,337258.3k $14.7m $14.7m 0.01% Reduced -38.9k -38,943
27 ASSETMARK, INC 0.05% of their portfolio CONCORD, CA 257,116257.1k $14.6m $14.6m 0.05% Added +10.8k +10,783
28 Financial Connections Group, Inc. 7.26% of their portfolio CORTE MADERA, CA 246,144246.1k $14.0m $14.0m 7.26% New
29 BlackRock Inc. 0.00% of their portfolio New York, NY 240,093240.1k $13.7m $13.7m 0.00% Added +117.5k +117,505
30 MYECFO, LLC 6.82% of their portfolio La Jolla, CA 207,938207.9k $11.8m $11.8m 6.82% Added +1.8k +1,846
31 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 206,645206.6k $11.8m $11.8m 0.02% Added +16.3k +16,329
32 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 201,815201.8k $11.5m $11.5m 0.00% Added +6.5k +6,471
33 Pure Financial Advisors, LLC 0.30% of their portfolio SAN DIEGO, CA 189,356189.4k $10.8m $10.8m 0.30% Added +14.3k +14,295
34 Betterment LLC 0.03% of their portfolio NEW YORK, NY 189,166189.2k $10.8m $10.8m 0.03% Added +25.9k +25,892
35 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 188,907188.9k $10.7m $10.7m 0.02% Reduced -2.9k -2,890
36 OneDigital Investment Advisors LLC 0.13% of their portfolio OVERLAND PARK, KS 176,631176.6k $10.0m $10.0m 0.13% Added +162.5k +162,515
37 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 175,731175.7k $10.0m $10.0m 0.01% Reduced -11.8k -11,793
38 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 168,589168.6k $9.6m $9.6m 0.01% Added +1.8k +1,815
39 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 137,947137.9k $7.9m $7.9m 0.00% Reduced -36.4k -36,398
40 Composition Wealth, LLC 0.19% of their portfolio LOS ANGELES, CA 137,493137.5k $7.8m $7.8m 0.19% Reduced -20.5k -20,452
41 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 136,892136.9k $7.8m $7.8m 0.01% Added +11.2k +11,185
42 Beacon Pointe Advisors, LLC 0.09% of their portfolio NEWPORT BEACH, CA 131,482131.5k $7.5m $7.5m 0.09% Added +354 +354
43 Hamilton Wealth, LLC 2.00% of their portfolio LOS ANGELES, CA 130,796130.8k $7.4m $7.4m 2.00% Added +101.6k +101,621
44 West Wealth Group, LLC 2.62% of their portfolio Irvine, CA 130,423130.4k $7.4m $7.4m 2.62% Added +2.4k +2,378
45 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 129,654129.7k $7.4m $7.4m 0.02% Added +120 +120
46 Navalign, LLC 2.26% of their portfolio ENCINO, CA 125,958126.0k $7.2m $7.2m 2.26% Added +18.1k +18,054
47 Certus Wealth Management, LLC 5.44% of their portfolio SAN CARLOS, CA 125,853125.9k $7.2m $7.2m 5.44% Added +10.2k +10,227
48 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 125,813125.8k $7.2m $7.2m 0.05% Added +106.5k +106,490
49 Envestnet Portfolio Solutions, Inc. 0.02% of their portfolio BERWYN, PA 117,552117.6k $6.7m $6.7m 0.02% Added +32.9k +32,863
50 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.02% of their portfolio LOS ANGELES, CA 114,304114.3k $6.5m $6.5m 0.02% Reduced -2.8k -2,838
51 Rinkey Investments 2.29% of their portfolio San Diego, CA 112,196112.2k $6.4m $6.4m 2.29% Added +829 +829
52 CHOREO, LLC 0.11% of their portfolio ROCKFORD, IL 110,809110.8k $6.3m $6.3m 0.11% Reduced -3.5k -3,523
53 MISSION WEALTH MANAGEMENT, LP 0.17% of their portfolio Santa Barbara, CA 110,156110.2k $6.3m $6.3m 0.17% Reduced -2.7k -2,729
54 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 106,845106.8k $6.1m $6.1m 0.01% Added +45.4k +45,376
55 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 104,574104.6k $5.9m $5.9m 0.02% Added +15.2k +15,245
56 Affinity Capital Advisors, LLC 1.24% of their portfolio BERKELEY, CA 103,852103.9k $5.9m $5.9m 1.24% Added +7.7k +7,745
57 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 93,60293.6k $5.2m $5.2m 0.03% Added +18.9k +18,864
58 Parallel Advisors, LLC 0.13% of their portfolio SAN FRANCISCO, CA 88,13388.1k $5.0m $5.0m 0.13% Reduced -3.8k -3,810
59 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 82,67082.7k $4.7m $4.7m 0.00% Unchanged
60 Prime Capital Investment Advisors, LLC 0.07% of their portfolio OVERLAND PARK, KS 81,72581.7k $4.6m $4.6m 0.07% Reduced -3.6k -3,571
61 Dynamic Advisor Solutions LLC 0.15% of their portfolio PHOENIX, AZ 81,70981.7k $4.6m $4.6m 0.15% Reduced -3.1k -3,112
62 BANK OF STOCKTON 1.47% of their portfolio STOCKTON, CA 81,42081.4k $4.6m $4.6m 1.47% Reduced -5.0k -5,015
63 Traveka Wealth, LLC 2.22% of their portfolio LOS ALTOS, CA 80,11280.1k $4.6m $4.6m 2.22% Reduced -14.1k -14,065
64 EHRLICH FINANCIAL GROUP 3.56% of their portfolio LAGUNA NIGUEL, CA 79,35879.4k $4.5m $4.5m 3.56% Added +22.7k +22,717
65 LODESTAR PRIVATE ASSET MANAGEMENT LLC 0.57% of their portfolio ALAMO, CA 73,27073.3k $4.2m $4.2m 0.57% Added +4.3k +4,329
66 Omega Financial Group, LLC 1.68% of their portfolio Santa Barbara, CA 72,89572.9k $4.1m $4.1m 1.68% Added +11.9k +11,898
67 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.04% of their portfolio IRVING, TX 72,30372.3k $4.1m $4.1m 0.04% Added +16.2k +16,242
68 Freestone Capital Holdings, LLC 0.15% of their portfolio Seattle, WA 72,13572.1k $4.1m $4.1m 0.15% Reduced -2.8k -2,843
69 FIRST AMERICAN TRUST, FSB 0.40% of their portfolio SANTA ANA, CA 69,92269.9k $4.0m $4.0m 0.40% Added +2.2k +2,198
70 WHITTIER TRUST CO 0.06% of their portfolio SOUTH PASADENA, CA 68,81868.8k $3.9m $3.9m 0.06% Reduced -5.4k -5,387
71 Sanctuary Advisors, LLC 0.03% of their portfolio INDIANAPOLIS, IN 64,84264.8k $3.7m $3.7m 0.03% First filing
72 Elmwood Wealth Management, Inc. 1.57% of their portfolio BERKELEY, CA 61,81061.8k $3.5m $3.5m 1.57% Reduced -1.1k -1,080
73 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.07% of their portfolio MINNEAPOLIS, MN 59,83159.8k $3.4m $3.4m 0.07% Added +43.5k +43,525
74 Bell Investment Advisors, Inc 0.62% of their portfolio ORINDA, CA 55,69055.7k $3.2m $3.2m 0.62% Added +816 +816
75 Creative Capital Management Investments LLC 1.52% of their portfolio SAN DIEGO, CA 55,09055.1k $3.1m $3.1m 1.52% Added +1.5k +1,520
76 SteelPeak Wealth, LLC 0.15% of their portfolio WOODLAND HILLS, CA 54,70754.7k $3.1m $3.1m 0.15% Reduced -5.5k -5,518
77 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 53,81353.8k $3.1m $3.1m 0.01% Added +11.0k +11,035
78 Warren Street Wealth Advisors, LLC 1.52% of their portfolio IRVINE, CA 53,65453.7k $3.1m $3.1m 1.52% Reduced -350 -350
79 Williams & Novak, LLC 2.76% of their portfolio WESTLAKE VILLAGE, CA 52,04052.0k $3.0m $3.0m 2.76% Added +7.5k +7,540
80 BUCKINGHAM STRATEGIC WEALTH, LLC 0.03% of their portfolio CLAYTON, MO 51,75051.8k $2.9m $2.9m 0.03% Added +16.5k +16,459
81 Heritage Wealth Management, Inc. /CA/ 2.81% of their portfolio SAN DIEGO, CA 51,13251.1k $2.9m $2.9m 2.81% Reduced -1.1k -1,081
82 WealthCollab, LLC 1.04% of their portfolio BELLEVUE, WA 49,74949.7k $2.8m $2.8m 1.04% Added +27.6k +27,621
83 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 49,08149.1k $2.8m $2.8m 0.00% Reduced -42.1k -42,099
84 Spinnaker Investment Group, LLC 0.73% of their portfolio Newport Beach, CA 46,42646.4k $2.6m $2.6m 0.73% Reduced -11.0k -10,975
85 Kowal Investment Group, LLC 0.51% of their portfolio BROOKFIELD, WI 44,76744.8k $2.5m $2.5m 0.51% New
86 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 44,29444.3k $2.5m $2.5m 0.00% Added +4.8k +4,828
87 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 43,10943.1k $2.5m $2.5m 0.00% Added +10.5k +10,477
88 DeDora Capital, Inc. 0.73% of their portfolio Napa, CA 41,88741.9k $2.4m $2.4m 0.73% Reduced -527 -527
89 RHS Financial, LLC 1.43% of their portfolio SAN FRANCISCO, CA 40,99641.0k $2.3m $2.3m 1.43% Added +4.6k +4,647
90 Westside Investment Management, Inc. 0.53% of their portfolio SANTA MONICA, CA 40,92040.9k $2.3m $2.3m 0.53% Added +900 +900
91 GOULD ASSET MANAGEMENT LLC /CA/ 0.47% of their portfolio CLAREMONT, CA 35,95036.0k $2.0m $2.0m 0.47% Added +4.4k +4,430
92 Compound Planning, Inc. 0.15% of their portfolio NEW YORK, NY 35,77235.8k $2.0m $2.0m 0.15% Added +2.9k +2,896
93 Pacific Capital Wealth Advisors, Inc. 0.36% of their portfolio CORONA, CA 34,38534.4k $2.0m $2.0m 0.36% Reduced -2.2k -2,228
94 EVERGREEN CAPITAL MANAGEMENT LLC 0.07% of their portfolio Bellevue, WA 34,37934.4k $2.0m $2.0m 0.07% Reduced -1.0k -1,000
95 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio Stamford, CT 33,01433.0k $1.9m $1.9m 0.02% Added +7.4k +7,389
96 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 31,50031.5k $1.8m $1.8m 0.00% Added +3.3k +3,301
97 Apella Capital, LLC 0.08% of their portfolio WEST HARTFORD, CT 30,51630.5k $1.7m $1.7m 0.08% Added +4.8k +4,769
98 Peninsula Wealth, LLC 0.31% of their portfolio SAN FRANCISCO, CA 28,68628.7k $1.6m $1.6m 0.31% Added +13.5k +13,475
99 FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC 0.09% of their portfolio Greenbrae, CA 27,95528.0k $1.6m $1.6m 0.09% Added +1.8k +1,780
100 Towerpoint Wealth, LLC 0.77% of their portfolio SACRAMENTO, CA 27,09327.1k $1.5m $1.5m 0.77% Reduced -91 -91