Vault-13

ISHARES TR CMF

CALIF MUN BD ETF · ETP · CUSIP 464288356

304 institutional holders +30 vs Q3 2024
50,944,97850.9m shares reported held*
$3.0bnreported value*
33 new 142 added 55 reduced 24 sold out net bought ≈ $378.4m (+6.2m 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 ($1.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $58.11.

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 194Q4 22: 209Q1 23: 206Q2 23: 206Q3 23: 220Q4 23: 249Q1 24: 256Q2 24: 252Q3 24: 274Q4 24: 304304Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022194
Q4 2022209
Q1 2023206
Q2 2023206
Q3 2023220
Q4 2023249
Q1 2024256
Q2 2024252
Q3 2024274
Q4 2024304

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 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 24Q3 24: 153 bought or addedQ3 24: 75 cut or sold outQ4 24: 175 bought or addedQ4 24: 79 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 202310177
Q2 202311165
Q3 202311771
Q4 202311998
Q1 202414482
Q2 202412888
Q3 202415375
Q4 202417579

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ1 24 calls: $0Q1 24 puts: $0Q1 24P/C —Q2 24 calls: $341.3kQ2 24 puts: $256.0kQ2 24P/C 0.75Q3 24 calls: $290.6kQ3 24 puts: $261.8kQ3 24P/C 0.90Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —
Numbers
QuarterCallsPutsP/C
Q1 2024$0$0—
Q2 2024$341.3k$256.0k0.75
Q3 2024$290.6k$261.8k0.90
Q4 2024$0$0—

Biggest buyers

Wealthfront Advisers LLC Added +6,807,783+6.8m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +465,247+465.2k
Orin Green Financial, LLC New +370,653+370.7k
BANK OF AMERICA CORP /DE/ Added +335,577+335.6k
BAILARD, INC. Added +213,617+213.6k
Focus Partners Wealth Added +195,714+195.7k
Facet Wealth, Inc. Added +156,961+157.0k
BlackRock, Inc. Added +139,660+139.7k
BANK OF MONTREAL /CAN/ Added +130,845+130.8k
EP Wealth Advisors, LLC Added +113,763+113.8k

Biggest sellers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -2,250,461-2.3m
FMR LLC Reduced -375,259-375.3k
Orin Green Financial, LLC Sold out -362,087-362.1k
JPMORGAN CHASE & CO Reduced -349,058-349.1k
Alpha Financial Partners LLC Sold out -92,516-92.5k
JANE STREET GROUP, LLC Sold out -52,582-52.6k
UBS Group AG Reduced -45,989-46.0k
TIAA TRUST, NATIONAL ASSOCIATION Reduced -43,392-43.4k
Slow Capital, Inc. Reduced -32,359-32.4k
Hamilton Wealth, LLC Reduced -28,162-28.2k

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.12% of their portfolio SAN FRANCISCO, CA 10,994,70911.0m $629.8m $629.8m 0.12% Reduced -2.3m -2,250,461
2 Wealthfront Advisers LLC 1.14% of their portfolio Palo Alto, CA 6,827,3006.8m $391.1m $391.1m 1.14% Added +6.8m +6,807,783
3 FMR LLC 0.02% of their portfolio BOSTON, MA 5,534,4275.5m $317.0m $317.0m 0.02% Reduced -375.3k -375,259
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,840,4411.8m $105.4m $105.4m 0.01% Added +43.9k +43,898
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,693,9171.7m $97.0m $97.0m 0.01% Added +335.6k +335,577
6 EP Wealth Advisors, LLC 0.67% of their portfolio TORRANCE, CA 1,422,9781.4m $81.5m $81.5m 0.67% Added +113.8k +113,763
7 Facet Wealth, Inc. 1.73% of their portfolio WEST PALM BEACH, FL 1,148,9371.1m $65.4m $65.4m 1.73% Added +157.0k +156,961
8 BAILARD, INC. 1.56% of their portfolio Foster City, CA 1,063,0621.1m $60.9m $60.9m 1.56% Added +213.6k +213,617
9 Mariner, LLC 0.08% of their portfolio Overland Park, KS 881,431881.4k $50.5m $50.5m 0.08% Added +82.8k +82,766
10 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 825,517825.5k $47.3m $47.3m 0.02% Added +84.9k +84,863
11 UBS Group AG 0.01% of their portfolio ZURICH, V8 793,201793.2k $45.4m $45.4m 0.01% Reduced -46.0k -45,989
12 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 741,353741.4k $42.5m $42.5m 0.04% Added +465.2k +465,247
13 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 652,484652.5k $37.4m $37.4m 0.01% Reduced -18.8k -18,800
14 TIAA TRUST, NATIONAL ASSOCIATION 0.10% of their portfolio CHARLOTTE, NC 599,554599.6k $34.3m $34.3m 0.10% Reduced -43.4k -43,392
15 FIRST FOUNDATION ADVISORS 1.21% of their portfolio Irvine, CA 561,740561.7k $32.2m $32.2m 1.21% Added +16.7k +16,717
16 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 484,536484.5k $27.8m $27.8m 0.01% Added +28.6k +28,621
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 473,548473.5k $27.1m $27.1m 0.00% Reduced -349.1k -349,058
18 a16z Perennial Management, L.P. 2.81% of their portfolio MENLO PARK, CA 452,732452.7k $47.8m $47.8m 2.81% Unchanged
19 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 447,822447.8k $25.7m $25.7m 0.01% Added +21.7k +21,745
20 Brio Consultants, LLC 3.69% of their portfolio SAN FRANCISCO, CA 411,854411.9k $23.6m $23.6m 3.69% Added +3.5k +3,534
21 Raub Brock Capital Management LP 5.01% of their portfolio LARKSPUR, CA 411,400411.4k $23.6m $23.6m 5.01% Added +3.9k +3,880
22 BlackRock, Inc. 0.00% of their portfolio New York, NY 372,724372.7k $21.3m $21.3m 0.00% Added +139.7k +139,660
23 Orin Green Financial, LLC 9.32% of their portfolio SAN DIEGO, CA 370,653370.7k $21.2m $21.2m 9.32% New
24 RWA WEALTH PARTNERS, LLC 0.26% of their portfolio BOSTON, MA 365,911365.9k $21.0m $21.0m 0.26% Added +4.9k +4,860
25 Opes Wealth Management LLC 4.05% of their portfolio MENLO PARK, CA 344,721344.7k $19.7m $19.7m 4.05% Added +19.9k +19,878
26 MERCER GLOBAL ADVISORS INC /ADV 0.05% of their portfolio DENVER, CO 337,587337.6k $19.3m $19.3m 0.05% Added +50.8k +50,841
27 ASSETMARK, INC 0.05% of their portfolio CONCORD, CA 329,404329.4k $18.9m $18.9m 0.05% Added +61.0k +60,998
28 Manhattan West Asset Management, LLC 5.09% of their portfolio Los Angeles, CA 328,951329.0k $18.8m $18.8m 5.09% Added +10.0k +9,979
29 Focus Partners Wealth 0.02% of their portfolio ST LOUIS, MO 303,528303.5k $17.4m $17.4m 0.02% Added +195.7k +195,714
30 Slow Capital, Inc. 2.30% of their portfolio GREENBRAE, CA 283,724283.7k $16.3m $16.3m 2.30% Reduced -32.4k -32,359
31 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 281,448281.4k $16.1m $16.1m 0.01% Reduced -7.1k -7,068
32 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 274,822274.8k $15.7m $15.7m 0.01% Added +130.8k +130,845
33 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 235,457235.5k $13.5m $13.5m 0.02% Added +36.0k +35,968
34 Financial Connections Group, Inc. 6.32% of their portfolio CORTE MADERA, CA 229,760229.8k $13.2m $13.2m 6.32% Reduced -7.3k -7,345
35 MYECFO, LLC 6.95% of their portfolio La Jolla, CA 224,614224.6k $12.9m $12.9m 6.95% Added +15.4k +15,386
36 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 223,748223.7k $12.8m $12.8m 0.03% Added +92.6k +92,619
37 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 220,407220.4k $12.6m $12.6m 0.03% Added +21.2k +21,182
38 Betterment LLC 0.03% of their portfolio NEW YORK, NY 211,049211.0k $12.1m $12.1m 0.03% Added +16.4k +16,359
39 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 198,944198.9k $11.4m $11.4m 0.00% First filing
40 Pure Financial Advisors, LLC 0.26% of their portfolio SAN DIEGO, CA 198,585198.6k $11.4m $11.4m 0.26% Added +188 +188
41 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 194,938194.9k $11.2m $11.2m 0.00% Reduced -12.7k -12,720
42 West Wealth Group, LLC 3.28% of their portfolio Irvine, CA 191,741191.7k $11.0m $11.0m 3.28% Added +45.5k +45,498
43 Envestnet Portfolio Solutions, Inc. 0.03% of their portfolio BERWYN, PA 182,305182.3k $10.4m $10.4m 0.03% Added +36.7k +36,680
44 Rinkey Investments 3.31% of their portfolio San Diego, CA 180,689180.7k $10.3m $10.3m 3.31% Reduced -16.8k -16,833
45 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 180,257180.3k $10.3m $10.3m 0.01% Reduced -11.1k -11,070
46 OneDigital Investment Advisors LLC 0.12% of their portfolio OVERLAND PARK, KS 174,706174.7k $10.0m $10.0m 0.12% Added +200 +200
47 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 166,476166.5k $9.5m $9.5m 0.01% Added +28.6k +28,556
48 Navalign, LLC 2.55% of their portfolio ENCINO, CA 151,156151.2k $8.7m $8.7m 2.55% Added +18.9k +18,881
49 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 151,021151.0k $8.7m $8.7m 0.02% Added +43.2k +43,213
50 Certus Wealth Management, LLC 5.34% of their portfolio SAN CARLOS, CA 140,006140.0k $8.0m $8.0m 5.34% Added +12.2k +12,176
51 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 131,212131.2k $7.5m $7.5m 0.05% Added +2.7k +2,703
52 Affinity Capital Advisors, LLC 1.36% of their portfolio BERKELEY, CA 126,721126.7k $7.2m $7.2m 1.36% Added +24.8k +24,821
53 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 125,166125.2k $7.2m $7.2m 0.02% Added +16.2k +16,188
54 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.02% of their portfolio LOS ANGELES, CA 122,710122.7k $7.0m $7.0m 0.02% Added +7.2k +7,217
55 Beacon Pointe Advisors, LLC 0.08% of their portfolio NEWPORT BEACH, CA 122,631122.6k $7.0m $7.0m 0.08% Reduced -8.4k -8,428
56 Composition Wealth, LLC 0.14% of their portfolio LOS ANGELES, CA 122,110122.1k $7.0m $7.0m 0.14% Reduced -7.7k -7,738
57 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 116,120116.1k $6.7m $6.7m 0.00% Added +33.5k +33,450
58 FIRST AMERICAN TRUST, FSB 0.60% of their portfolio SANTA ANA, CA 105,693105.7k $6.1m $6.1m 0.60% Added +33.3k +33,283
59 MISSION WEALTH MANAGEMENT, LP 0.14% of their portfolio Santa Barbara, CA 105,260105.3k $6.0m $6.0m 0.14% Reduced -4.6k -4,558
60 CHOREO, LLC 0.08% of their portfolio ROCKFORD, IL 103,029103.0k $5.9m $5.9m 0.08% Reduced -4.5k -4,465
61 EHRLICH FINANCIAL GROUP 3.90% of their portfolio LAGUNA NIGUEL, CA 95,82095.8k $5.5m $5.5m 3.90% Added +3.3k +3,304
62 AMARA FINANCIAL, LLC. 5.04% of their portfolio SAN FRANCISCO, CA 95,34195.3k $5.5m $5.5m 5.04% Added +6.0k +6,019
63 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 93,78693.8k $5.4m $5.4m 0.03% Added +4.5k +4,500
64 Client First Capital LLC 2.73% of their portfolio SAN DIEGO, CA 92,57892.6k $5.3m $5.3m 2.73% Added +138 +138
65 Parallel Advisors, LLC 0.11% of their portfolio SAN FRANCISCO, CA 86,52886.5k $5.0m $5.0m 0.11% Reduced -1.6k -1,627
66 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.04% of their portfolio IRVING, TX 85,92085.9k $4.9m $4.9m 0.04% Reduced -2.1k -2,140
67 Sanctuary Advisors, LLC 0.03% of their portfolio INDIANAPOLIS, IN 83,75483.8k $4.8m $4.8m 0.03% Reduced -9.2k -9,192
68 Prime Capital Investment Advisors, LLC 0.07% of their portfolio OVERLAND PARK, KS 80,22280.2k $4.6m $4.6m 0.07% Reduced -400 -400
69 BANK OF STOCKTON 1.37% of their portfolio STOCKTON, CA 78,79778.8k $4.5m $4.5m 1.37% Reduced -2.5k -2,516
70 Traveka Wealth, LLC 2.47% of their portfolio LOS ALTOS, CA 78,33978.3k $4.5m $4.5m 2.47% Added +510 +510
71 Omega Financial Group, LLC 1.64% of their portfolio Santa Barbara, CA 75,84175.8k $4.3m $4.3m 1.64% Reduced -716 -716
72 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 74,99575.0k $4.3m $4.3m 0.01% Added +11.1k +11,071
73 LODESTAR PRIVATE ASSET MANAGEMENT LLC 0.52% of their portfolio ALAMO, CA 72,25272.3k $4.1m $4.1m 0.52% Reduced -3.9k -3,883
74 Freestone Capital Holdings, LLC 0.13% of their portfolio Seattle, WA 66,66066.7k $3.8m $3.8m 0.13% Reduced -4.7k -4,701
75 WHITTIER TRUST CO 0.05% of their portfolio SOUTH PASADENA, CA 65,94965.9k $3.8m $3.8m 0.05% Reduced -967 -967
76 Elmwood Wealth Management, Inc. 1.51% of their portfolio BERKELEY, CA 65,19065.2k $3.7m $3.7m 1.51% Added +1.0k +1,027
77 Westfuller Advisors, LLC 2.35% of their portfolio New York, NY 64,46064.5k $3.7m $3.7m 2.35% Added +12 +12
78 Bell Investment Advisors, Inc 0.69% of their portfolio ORINDA, CA 64,20664.2k $3.7m $3.7m 0.69% Added +4.9k +4,853
79 Valmark Advisers, Inc. 0.05% of their portfolio AKRON, OH 59,47659.5k $3.4m $3.4m 0.05% Added +43.7k +43,679
80 Warren Street Wealth Advisors, LLC 1.35% of their portfolio IRVINE, CA 57,28457.3k $3.3m $3.3m 1.35% Added +3.3k +3,265
81 TOWNSQUARE CAPITAL LLC 0.04% of their portfolio Lehi, UT 56,68956.7k $3.2m $3.2m 0.04% Reduced -441 -441
82 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.06% of their portfolio MINNEAPOLIS, MN 56,67656.7k $3.2m $3.2m 0.06% Reduced -9.0k -9,004
83 SteelPeak Wealth, LLC 0.13% of their portfolio WOODLAND HILLS, CA 56,57956.6k $3.2m $3.2m 0.13% Reduced -352 -352
84 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 56,43156.4k $3.2m $3.2m 0.00% Added +16.6k +16,629
85 Creative Capital Management Investments LLC 1.33% of their portfolio SAN DIEGO, CA 55,60155.6k $3.2m $3.2m 1.33% Added +60 +60
86 Compound Planning, Inc. 0.16% of their portfolio NEW YORK, NY 54,70954.7k $3.1m $3.1m 0.16% Added +10.7k +10,726
87 AVANTAX ADVISORY SERVICES, INC. 0.02% of their portfolio DALLAS, TX 53,77253.8k $3.1m $3.1m 0.02% Added +27.8k +27,814
88 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 49,60549.6k $2.8m $2.8m 0.02% Added +35.4k +35,366
89 Heritage Wealth Management, Inc. /CA/ 2.34% of their portfolio SAN DIEGO, CA 47,81147.8k $2.7m $2.7m 2.34% Reduced -1.6k -1,575
90 GOULD ASSET MANAGEMENT LLC /CA/ 0.57% of their portfolio CLAREMONT, CA 47,36547.4k $2.7m $2.7m 0.57% Added +4.9k +4,910
91 Integrated Wealth Concepts LLC 0.03% of their portfolio WALTHAM, MA 46,96447.0k $2.7m $2.7m 0.03% Added +28.8k +28,825
92 Williams & Novak, LLC 2.52% of their portfolio WESTLAKE VILLAGE, CA 45,61045.6k $2.6m $2.6m 2.52% Reduced -4.3k -4,305
93 FLOW TRADERS U.S. LLC 0.10% of their portfolio NEW YORK, NY 45,54445.5k $2.6m $2.6m 0.10% New
94 MAI Capital Management 0.02% of their portfolio INDEPENDENCE, OH 45,24545.2k $2.6m $2.6m 0.02% New
95 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 44,07244.1k $2.5m $2.5m 0.00% Reduced -15.0k -14,991
96 Westside Investment Management, Inc. 0.52% of their portfolio SANTA MONICA, CA 43,08443.1k $2.5m $2.5m 0.52% Added +2.3k +2,264
97 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 42,74642.7k $2.4m $2.4m 0.00% Added +9.5k +9,470
98 Vishria Bird Financial Group, LLC 0.85% of their portfolio MEMPHIS, TN 42,49342.5k $2.4m $2.4m 0.85% Unchanged
99 Spinnaker Investment Group, LLC 0.57% of their portfolio Newport Beach, CA 41,06141.1k $2.4m $2.4m 0.57% Added +1.0k +1,043
100 DeDora Capital, Inc. 0.64% of their portfolio Napa, CA 40,70740.7k $2.3m $2.3m 0.64% Reduced -422 -422