Vault-13

ISHARES TR IGF

GLB INFRASTR ETF · ETP · CUSIP 464288372

292 institutional holders +15 vs Q4 2024
83,419,78583.4m shares reported held*
$4.6bnreported value*
44 new 96 added 74 reduced 27 sold out net bought ≈ $734.4m (+13.4m 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 ($218.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $54.64. Options: 1 managers hold calls ($8.1m notional), 0 hold puts (—).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 245Q4 22: 273Q1 23: 285Q2 23: 282Q3 23: 264Q4 23: 285Q1 24: 264Q2 24: 274Q3 24: 260Q4 24: 277Q1 25: 292292Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022245
Q4 2022273
Q1 2023285
Q2 2023282
Q3 2023264
Q4 2023285
Q1 2024264
Q2 2024274
Q3 2024260
Q4 2024277
Q1 2025292

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 114 bought or addedQ2 23: 124 cut or sold outQ3 23: 96 bought or addedQ3 23: 137 cut or sold outQ3 23Q4 23: 129 bought or addedQ4 23: 124 cut or sold outQ1 24: 105 bought or addedQ1 24: 138 cut or sold outQ1 24Q2 24: 125 bought or addedQ2 24: 106 cut or sold outQ3 24: 95 bought or addedQ3 24: 130 cut or sold outQ3 24Q4 24: 124 bought or addedQ4 24: 92 cut or sold outQ1 25: 140 bought or addedQ1 25: 101 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023114124
Q3 202396137
Q4 2023129124
Q1 2024105138
Q2 2024125106
Q3 202495130
Q4 202412492
Q1 2025140101

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ2 24 calls: $0Q2 24 puts: $0Q2 24P/C —Q3 24 calls: $10.9kQ3 24 puts: $5.4kQ3 24P/C 0.50Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $8.1mQ1 25 puts: $0Q1 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2024$0$0—
Q3 2024$10.9k$5.4k0.50
Q4 2024$0$0—
Q1 2025$8.1m$00.00

Biggest buyers

LPL Financial LLC Added +8,081,757+8.1m
Pathstone Holdings, LLC Added +2,917,410+2.9m
NORTHERN TRUST CORP Added +2,477,014+2.5m
OLD MISSION CAPITAL LLC New +290,146+290.1k
CX Institutional Added +184,175+184.2k
Cambria Investment Management, L.P. New +154,925+154.9k
MAI Capital Management Added +140,212+140.2k
WELLS FARGO & COMPANY/MN Added +119,684+119.7k
MORGAN STANLEY Added +97,476+97.5k
CI INVESTMENTS INC. Added +86,925+86.9k

Biggest sellers

Waldron Private Wealth LLC Reduced -266,842-266.8k
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS Reduced -219,500-219.5k
CAPTRUST FINANCIAL ADVISORS Reduced -214,349-214.3k
AMERIPRISE FINANCIAL INC Reduced -164,014-164.0k
MACKENZIE FINANCIAL CORP Reduced -160,944-160.9k
Focus Partners Wealth Reduced -149,129-149.1k
DEUTSCHE BANK AG\ Reduced -141,313-141.3k
Bank of New York Mellon Corp Reduced -103,295-103.3k
BlackRock, Inc. Reduced -95,147-95.1k
GOLDMAN SACHS GROUP INC Reduced -94,044-94.0k

Biggest calls

Oribel Capital Management, LP New $8.1m85.0k 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock Portfolio Management LLC 13G · institution -1.1 pts · filed 2026-04-29 11.5% -1.1 pts 17.4m≈ $1.2bn 2026-04-29

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.21% of their portfolio CHICAGO, IL 25,997,06926.0m $1.4bn $1.4bn 0.21% Added +2.5m +2,477,014
2 BlackRock, Inc. 0.02% of their portfolio New York, NY 17,418,01917.4m $952.2m $952.2m 0.02% Reduced -95.1k -95,147
3 LPL Financial LLC 0.18% of their portfolio FORT MILL, SC 8,233,5688.2m $450.1m $450.1m 0.18% Added +8.1m +8,081,757
4 Pathstone Holdings, LLC 0.79% of their portfolio ENGLEWOOD, NJ 3,325,0053.3m $181.7m $181.7m 0.79% Added +2.9m +2,917,410
5 1832 Asset Management L.P. 0.22% of their portfolio TORONTO, A6 2,096,7242.1m $114.6m $114.6m 0.22% Reduced -59.4k -59,354
6 PRINCIPAL FINANCIAL GROUP INC 0.06% of their portfolio DES MOINES, IA 2,051,6162.1m $112.2m $112.2m 0.06% Reduced -78.0k -78,000
7 US BANCORP \DE\ 0.13% of their portfolio MINNEAPOLIS, MN 1,775,1511.8m $97.0m $97.0m 0.13% Added +69.0k +68,973
8 Mariner, LLC 0.13% of their portfolio Overland Park, KS 1,437,5541.4m $78.6m $78.6m 0.13% Added +66.2k +66,181
9 FIFTH THIRD BANCORP 0.28% of their portfolio CINCINNATI, OH 1,342,3731.3m $73.4m $73.4m 0.28% Reduced -11.7k -11,743
10 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio Toronto, A6 1,173,6441.2m $64.2m $64.2m 0.06% Added +34.2k +34,173
11 CAPTRUST FINANCIAL ADVISORS 0.15% of their portfolio RALEIGH, NC 1,108,5481.1m $60.6m $60.6m 0.15% Reduced -214.3k -214,349
12 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 944,044944.0k $51.6m $51.6m 0.03% Reduced -40.7k -40,683
13 MONETA GROUP INVESTMENT ADVISORS LLC 0.67% of their portfolio ST LOUIS, MO 894,687894.7k $48.9m $48.9m 0.67% Added +8.3k +8,315
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 813,833813.8k $44.5m $44.5m 0.00% Added +97.5k +97,476
15 NEPC LLC 1.07% of their portfolio Boston, MA 709,810709.8k $38.8m $38.8m 1.07% Added +18.6k +18,611
16 Waldron Private Wealth LLC 1.70% of their portfolio BRIDGEVILLE, PA 659,055659.1k $36.0m $36.0m 1.70% Reduced -266.8k -266,842
17 Money Design Co.,Ltd. 1.54% of their portfolio TOKYO, M0 564,350564.4k $30.9m $30.9m 1.54% Added +26.1k +26,100
18 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 555,738555.7k $30.4m $30.4m 0.01% Reduced -35.0k -35,028
19 MAI Capital Management 0.21% of their portfolio INDEPENDENCE, OH 506,765506.8k $27.7m $27.7m 0.21% Added +140.2k +140,212
20 CI INVESTMENTS INC. 0.11% of their portfolio TORONTO, Z4 496,192496.2k $27.1m $27.1m 0.11% Added +86.9k +86,925
21 TD Waterhouse Canada Inc. 0.21% of their portfolio TORONTO, A6 473,085473.1k $25.9m $25.9m 0.21% Added +21.2k +21,164
22 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 453,807453.8k $24.8m $24.8m 0.00% Reduced -94.0k -94,044
23 Wealthspire Advisors, LLC 0.14% of their portfolio NEW YORK, NY 440,038440.0k $24.1m $24.1m 0.14% Added +1.3k +1,348
24 UBS Group AG 0.00% of their portfolio ZURICH, V8 395,230395.2k $21.6m $21.6m 0.00% Added +86.3k +86,320
25 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 382,768382.8k $20.9m $20.9m 0.00% Reduced -90.9k -90,939
26 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 353,961354.0k $19.4m $19.4m 0.00% Added +50.3k +50,296
27 COUNTRY TRUST BANK 0.48% of their portfolio Bloomington, IL 345,163345.2k $18.9m $18.9m 0.48% Reduced -663 -663
28 Heartland Bank & Trust Co 9.23% of their portfolio BLOOMINGTON, IL 328,853328.9k $18.0m $18.0m 9.23% Added +40.3k +40,318
29 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 296,662296.7k $16.2m $16.2m 0.00% Reduced -103.3k -103,295
30 OLD MISSION CAPITAL LLC 0.31% of their portfolio CHICAGO, IL 290,146290.1k $15.9m $15.9m 0.31% New
31 Ballentine Partners, LLC 0.27% of their portfolio Waltham, MA 289,122289.1k $15.8m $15.8m 0.27% Reduced -5.3k -5,279
32 CX Institutional 0.53% of their portfolio AUBURN, IN 256,191256.2k $14.0m $14.0m 0.53% Added +184.2k +184,175
33 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.07% of their portfolio HARRISBURG, PA 220,020220.0k $12.0m $12.0m 0.07% Reduced -219.5k -219,500
34 HANCOCK WHITNEY CORP 0.32% of their portfolio GULFPORT, MS 181,894181.9k $9.9m $9.9m 0.32% Added +6.8k +6,775
35 GREAT LAKES ADVISORS, LLC 0.09% of their portfolio CHICAGO, IL 174,921174.9k $9.6m $9.6m 0.09% Added +41.0k +40,977
36 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 170,961171.0k $9.3m $9.3m 0.00% Added +119.7k +119,684
37 NorthCoast Asset Management LLC 0.04% of their portfolio STAMFORD, CT 161,287161.3k $8.8m $8.8m 0.04% Reduced -32.9k -32,918
38 FSM Wealth Advisors, LLC 1.96% of their portfolio CLEVELAND, OH 159,748159.7k $8.7m $8.7m 1.96% Added +6.2k +6,199
39 Pictet Asset Management Holding SA 0.01% of their portfolio CAROUGE, V8 158,300158.3k $8.6m $8.6m 0.01% Added +12.8k +12,800
40 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 156,866156.9k $8.6m $8.6m 0.00% Added +58.5k +58,550
41 NAPLES GLOBAL ADVISORS, LLC 0.81% of their portfolio NAPLES, FL 155,945155.9k $8.5m $8.5m 0.81% Added +8.4k +8,405
42 Cambria Investment Management, L.P. 0.59% of their portfolio Manhattan Beach, CA 154,925154.9k $8.5m $8.5m 0.59% New
43 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 152,564152.6k $8.3m $8.3m 0.01% Added +14.8k +14,820
44 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 148,733148.7k $8.1m $8.1m 0.02% Reduced -12.0k -11,985
45 PRINCIPAL SECURITIES, INC. 0.17% of their portfolio DES MOINES, IA 144,334144.3k $7.5m $7.5m 0.17% Added +469 +469
46 Focus Partners Wealth 0.02% of their portfolio ST LOUIS, MO 141,181141.2k $7.7m $7.7m 0.02% Reduced -149.1k -149,129
47 KEYBANK NATIONAL ASSOCIATION/OH 0.03% of their portfolio BROOKLYN, OH 138,007138.0k $7.5m $7.5m 0.03% Reduced -12.5k -12,532
48 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 135,296135.3k $7.4m $7.4m 0.00% Reduced -164.0k -164,014
49 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 132,565132.6k $7.2m $7.2m 0.00% Reduced -8.3k -8,319
50 STRATEGIC INVESTMENT MANAGEMENT, LLC 2.88% of their portfolio ARLINGTON, VA 131,165131.2k $7.2m $7.2m 2.88% Unchanged
51 Banco Santander, S.A. 0.08% of their portfolio Madrid, U3 125,660125.7k $6.9m $6.9m 0.08% Unchanged
52 Sanctuary Advisors, LLC 0.05% of their portfolio INDIANAPOLIS, IN 123,256123.3k $6.7m $6.7m 0.05% Reduced -1.5k -1,548
53 SAGE FINANCIAL GROUP INC 0.51% of their portfolio W. CONSHOHOCKEN, PA 115,704115.7k $6.3m $6.3m 0.51% Reduced -6.9k -6,907
54 CIBC Private Wealth Group LLC 0.01% of their portfolio ATLANTA, GA 114,613114.6k $5.8m $5.8m 0.01% Added +11.7k +11,726
55 Capstone Financial Advisors, Inc. 0.38% of their portfolio DOWNERS GROVE, IL 110,840110.8k $6.1m $6.1m 0.38% Reduced -13.1k -13,148
56 Maryland State Retirement & Pension System 0.13% of their portfolio BALTIMORE, MD 100,426100.4k $5.5m $5.5m 0.13% Added +74.3k +74,325
57 Johnson Financial Group, Inc. 0.24% of their portfolio RACINE, WI 88,99789.0k $4.9m $4.9m 0.24% Reduced -7.7k -7,727
58 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 87,56687.6k $4.8m $4.8m 0.01% Reduced -670 -670
59 CAPITAL INSIGHT PARTNERS, LLC 0.79% of their portfolio SCOTTSDALE, AZ 83,04783.0k $4.5m $4.5m 0.79% Added +532 +532
60 Total Wealth Planning, LLC 0.69% of their portfolio CINCINNATI, OH 82,38682.4k $4.5m $4.5m 0.69% Reduced -2.7k -2,659
61 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 80,96281.0k $4.4m $4.4m 0.00% Added +67.2k +67,244
62 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 80,55680.6k $4.4m $4.4m 0.04% New
63 ARRIEN INVESTMENTS, INC. 3.16% of their portfolio BOISE, ID 80,51680.5k $4.4m $4.4m 3.16% Reduced -550 -550
64 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 79,97380.0k $4.4m $4.4m 0.00% Added +466 +466
65 EFG Private Wealth Management (Americas) Corp. 0.86% of their portfolio MIAMI, FL 77,66977.7k $4.2m $4.2m 0.86% Added +3.7k +3,701
66 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 76,54776.5k $4.2m $4.2m 0.00% First filing
67 NICOLET ADVISORY SERVICES, LLC 0.40% of their portfolio GREEN BAY, WI 76,14376.1k $4.0m $4.0m 0.40% Reduced -3.6k -3,569
68 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 75,50975.5k $4.1m $4.1m 0.01% Reduced -1.4k -1,361
69 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 71,52971.5k $3.9m $3.9m 0.01% Reduced -160.9k -160,944
70 Financial Advocates Investment Management 0.27% of their portfolio OLYMPIA, WA 69,37069.4k $3.8m $3.8m 0.27% Added +64.4k +64,365
71 Washington Trust Bank 0.35% of their portfolio Spokane, WA 64,05364.1k $3.5m $3.5m 0.35% Reduced -13.3k -13,330
72 Stelac Advisory Services LLC 1.41% of their portfolio NEW YORK, NY 62,55862.6k $3.4m $3.4m 1.41% Reduced -3.3k -3,288
73 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 60,04460.0k $3.3m $3.3m 0.04% New
74 Schechter Investment Advisors, LLC 0.27% of their portfolio BIRMINGHAM, MI 59,32059.3k $3.2m $3.2m 0.27% Added +363 +363
75 HOGE FINANCIAL SERVICES, LLC 2.15% of their portfolio CANONSBURG, PA 56,20256.2k $3.1m $3.1m 2.15% Reduced -12.7k -12,735
76 IFG Advisory, LLC 0.16% of their portfolio ATLANTA, GA 52,18652.2k $2.9m $2.9m 0.16% Added +32.7k +32,688
77 Logan Stone Capital, LLC 1.28% of their portfolio CHICAGO, IL 50,36950.4k $2.8m $2.8m 1.28% New
78 Clearstead Advisors, LLC 0.04% of their portfolio CLEVELAND, OH 49,34749.3k $2.7m $2.7m 0.04% Added +8.7k +8,709
79 DROMS STRAUSS ADVISORS INC /MO/ /ADV 0.88% of their portfolio ST. LOUIS, MO 47,14047.1k $2.6m $2.6m 0.88% Reduced -3.2k -3,221
80 Employees' Retirement Fund of the City of Fort Worth 1.24% of their portfolio FORT WORTH, TX 46,20046.2k $2.5m $2.5m 1.24% Unchanged
81 BAILARD, INC. 0.06% of their portfolio Foster City, CA 45,95546.0k $2.5m $2.5m 0.06% Unchanged
82 Dynasty Wealth Management, LLC 0.04% of their portfolio ST. PETERSBURG, FL 45,14845.1k $2.5m $2.5m 0.04% Added +1.4k +1,404
83 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 44,18144.2k $2.4m $2.4m 0.00% Added +4.7k +4,719
84 COMERICA BANK 0.01% of their portfolio DALLAS, TX 42,67642.7k $2.3m $2.3m 0.01% Added +2.5k +2,461
85 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 41,50341.5k $1.5k $1.5k 0.00% Reduced -370 -370
86 Wealth Architects, LLC 0.24% of their portfolio MOUNTAIN VIEW, CA 40,52840.5k $2.2m $2.2m 0.24% Reduced -586 -586
87 Perigon Wealth Management, LLC 0.06% of their portfolio SAN FRANCISCO, CA 40,00040.0k $2.2m $2.2m 0.06% New
88 Gotham Asset Management, LLC 0.02% of their portfolio NEW YORK, NY 39,37039.4k $2.2m $2.2m 0.02% New
89 CORRADO ADVISORS, LLC 1.33% of their portfolio RAMSEY, NJ 36,31336.3k $2.0m $2.0m 1.33% Added +2.0k +2,030
90 Pictet North America Advisors SA 0.19% of their portfolio GENEVA 73, V8 35,45235.5k $1.9m $1.9m 0.19% Unchanged
91 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 35,08335.1k $1.9m $1.9m 0.00% Reduced -335 -335
92 BEAM WEALTH ADVISORS, INC. 0.63% of their portfolio COVINGTON, LA 34,28534.3k $1.9m $1.9m 0.63% Reduced -637 -637
93 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 33,69233.7k $1.8m $1.8m 0.00% New
94 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 33,02833.0k $1.8m $1.8m 0.00% Added +22.2k +22,235
95 Aprio Wealth Management, LLC 0.22% of their portfolio ATLANTA, GA 32,68232.7k $1.8m $1.8m 0.22% New
96 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 32,50232.5k $1.8m $1.8m 0.00% Reduced -2.3k -2,260
97 Mesirow Financial Investment Management, Inc. 0.03% of their portfolio CHICAGO, IL 32,26832.3k $1.8m $1.8m 0.03% Reduced -3.4k -3,410
98 BANQUE PICTET & CIE SA 0.02% of their portfolio GENEVA 73, V8 29,78029.8k $1.6m $1.6m 0.02% Reduced -2.8k -2,820
99 Advisory Services Network, LLC 0.03% of their portfolio ATLANTA, GA 29,76029.8k $1.6m $1.6m 0.03% Added +1.2k +1,162
100 BigSur Wealth Management LLC 0.42% of their portfolio MIAMI, FL 28,55028.6k $1.6m $1.6m 0.42% Unchanged