Vault-13

ISHARES TR IGF

GLB INFRASTR ETF · ETP · CUSIP 464288372

384 institutional holders +19 vs Q3 2025
107,763,955107.8m shares reported held*
$6.6bnreported value*
50 new 176 added 77 reduced 36 sold out net bought ≈ $473.4m (+7.4m 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 ($145.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $61.38.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 245Q4 22: 273Q1 23: 285Q2 23: 282Q3 23: 264Q4 23: 285Q1 24: 264Q2 24: 274Q3 24: 260Q4 24: 277Q1 25: 292Q2 25: 349Q3 25: 365Q4 25: 384384Q3 22Q2 23Q1 24Q4 24Q4 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
Q2 2025349
Q3 2025365
Q4 2025384

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 105 bought or addedQ1 24: 138 cut or sold outQ2 24: 125 bought or addedQ2 24: 106 cut or sold outQ2 24Q3 24: 95 bought or addedQ3 24: 130 cut or sold outQ4 24: 124 bought or addedQ4 24: 92 cut or sold outQ4 24Q1 25: 140 bought or addedQ1 25: 101 cut or sold outQ2 25: 195 bought or addedQ2 25: 104 cut or sold outQ2 25Q3 25: 181 bought or addedQ3 25: 123 cut or sold outQ4 25: 226 bought or addedQ4 25: 113 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024105138
Q2 2024125106
Q3 202495130
Q4 202412492
Q1 2025140101
Q2 2025195104
Q3 2025181123
Q4 2025226113

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ1 25 calls: $8.1mQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —
Numbers
QuarterCallsPutsP/C
Q1 2025$8.1m$00.00
Q2 2025$0$0—
Q3 2025$0$0—
Q4 2025$0$0—

Biggest buyers

NORTHERN TRUST CORP Added +2,444,499+2.4m
NorthRock Partners, LLC New +1,444,781+1.4m
JANE STREET GROUP, LLC New +1,170,828+1.2m
Pictet Asset Management Holding SA Added +751,250+751.2k
US BANCORP \DE\ Added +456,436+456.4k
LPL Financial LLC Added +320,532+320.5k
Laird Norton Wetherby Trust Company, LLC Added +304,255+304.3k
OLD MISSION CAPITAL LLC New +279,042+279.0k
FLOW TRADERS U.S. LLC New +274,101+274.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +261,801+261.8k

Biggest sellers

ASSETMARK, INC Reduced -1,289,935-1.3m
JPMORGAN CHASE & CO Reduced -304,355-304.4k
Employees' Retirement Fund of the City of Fort Worth Reduced -296,200-296.2k
OSAIC HOLDINGS, INC. Reduced -247,012-247.0k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -243,175-243.2k
NorthCoast Asset Management LLC Sold out -201,182-201.2k
Almitas Capital LLC Sold out -185,844-185.8k
PRINCIPAL FINANCIAL GROUP INC Reduced -119,668-119.7k
Sanctuary Advisors, LLC Reduced -118,257-118.3k
Total Wealth Planning, LLC Reduced -75,854-75.9k

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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.27% of their portfolio CHICAGO, IL 34,714,25434.7m $2.1bn $2.1bn 0.27% Added +2.4m +2,444,499
2 BlackRock, Inc. 0.02% of their portfolio New York, NY 18,272,04418.3m $1.1bn $1.1bn 0.02% Added +164.7k +164,733
3 LPL Financial LLC 0.16% of their portfolio FORT MILL, SC 9,787,3179.8m $600.5m $600.5m 0.16% Added +320.5k +320,532
4 Pathstone Holdings, LLC 0.87% of their portfolio ENGLEWOOD, NJ 3,678,7153.7m $225.7m $225.7m 0.87% Added +80.6k +80,628
5 US BANCORP \DE\ 0.17% of their portfolio MINNEAPOLIS, MN 2,424,7342.4m $148.8m $148.8m 0.17% Added +456.4k +456,436
6 Ballentine Partners, LLC 2.05% of their portfolio Waltham, MA 2,375,5102.4m $145.8m $145.8m 2.05% Reduced -3.7k -3,651
7 1832 Asset Management L.P. 0.16% of their portfolio TORONTO, A6 2,108,6092.1m $129.4m $129.4m 0.16% Reduced -14.2k -14,170
8 Pictet Asset Management Holding SA 0.11% of their portfolio CAROUGE, V8 1,813,1701.8m $111.9m $111.9m 0.11% Added +751.2k +751,250
9 Mariner, LLC 0.13% of their portfolio Overland Park, KS 1,742,0241.7m $106.9m $106.9m 0.13% Added +128.5k +128,478
10 NorthRock Partners, LLC 1.50% of their portfolio MINNEAPOLIS, MN 1,444,7811.4m $88.7m $88.7m 1.50% New
11 FIFTH THIRD BANCORP 0.27% of their portfolio CINCINNATI, OH 1,365,5631.4m $83.8m $83.8m 0.27% Added +16.2k +16,219
12 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.07% of their portfolio Toronto, A6 1,318,1711.3m $80.9m $80.9m 0.07% Reduced -243.2k -243,175
13 JANE STREET GROUP, LLC 0.09% of their portfolio NEW YORK, NY 1,170,8281.2m $71.8m $71.8m 0.09% New
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,020,1791.0m $62.6m $62.6m 0.00% Added +132.7k +132,655
15 MONETA GROUP INVESTMENT ADVISORS LLC 0.46% of their portfolio ST LOUIS, MO 998,145998.1k $61.2m $61.2m 0.46% Added +21.4k +21,409
16 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 900,082900.1k $55.2m $55.2m 0.03% Reduced -26.1k -26,090
17 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 875,273875.3k $53.7m $53.7m 0.02% Reduced -38.6k -38,585
18 NEPC LLC 1.09% of their portfolio Boston, MA 834,157834.2k $51.2m $51.2m 1.09% Added +168.2k +168,178
19 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 745,712745.7k $45.8m $45.8m 0.01% Added +60.7k +60,707
20 CAPTRUST FINANCIAL ADVISORS 0.09% of their portfolio RALEIGH, NC 732,213732.2k $44.9m $44.9m 0.09% Reduced -56.7k -56,670
21 Waldron Private Wealth LLC 1.64% of their portfolio BRIDGEVILLE, PA 677,221677.2k $41.6m $41.6m 1.64% Added +44.1k +44,068
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 675,912675.9k $41.5m $41.5m 0.00% Reduced -36.8k -36,766
23 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 637,073637.1k $39.1m $39.1m 0.01% Added +99.2k +99,212
24 TD Waterhouse Canada Inc. 0.24% of their portfolio TORONTO, A6 635,672635.7k $39.0m $39.0m 0.24% Added +93.5k +93,520
25 MAI Capital Management 0.22% of their portfolio INDEPENDENCE, OH 627,890627.9k $38.5m $38.5m 0.22% Added +40.6k +40,633
26 UBS Group AG 0.01% of their portfolio ZURICH, V8 514,221514.2k $31.6m $31.6m 0.01% Added +54.9k +54,940
27 CI INVESTMENTS INC. 0.13% of their portfolio TORONTO, Z4 496,192496.2k $30.4m $30.4m 0.13% Unchanged
28 Wealthspire Advisors, LLC 0.22% of their portfolio NEW YORK, NY 453,248453.2k $27.8m $27.8m 0.22% Added +23.8k +23,806
29 FMR LLC 0.00% of their portfolio BOSTON, MA 444,400444.4k $27.3m $27.3m 0.00% Added +125.9k +125,896
30 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 437,253437.3k $26.8m $26.8m 0.00% Reduced -304.4k -304,355
31 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 421,873421.9k $25.9m $25.9m 0.01% Reduced -119.7k -119,668
32 CIBC Private Wealth Group LLC 0.04% of their portfolio ATLANTA, GA 420,094420.1k $25.8m $25.8m 0.04% Added +214.4k +214,428
33 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 412,797412.8k $25.3m $25.3m 0.01% Added +37.9k +37,863
34 COUNTRY TRUST BANK 0.39% of their portfolio Bloomington, IL 352,056352.1k $21.6m $21.6m 0.39% Added +3.8k +3,811
35 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 340,794340.8k $20.9m $20.9m 0.03% Added +261.8k +261,801
36 Laird Norton Wetherby Trust Company, LLC 0.43% of their portfolio Seattle, WA 336,326336.3k $20.6m $20.6m 0.43% Added +304.3k +304,255
37 Heartland Bank & Trust Co 8.61% of their portfolio BLOOMINGTON, IL 331,640331.6k $20.3m $20.3m 8.61% Added +16.5k +16,502
38 Employees' Retirement Fund of the City of Fort Worth 8.13% of their portfolio FORT WORTH, TX 296,200296.2k $18.2m $18.2m 8.13% Reduced -296.2k -296,200
39 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 294,326294.3k $18.1m $18.1m 0.00% Added +3.8k +3,843
40 OLD MISSION CAPITAL LLC 0.66% of their portfolio CHICAGO, IL 279,042279.0k $17.1m $17.1m 0.66% New
41 FLOW TRADERS U.S. LLC 0.55% of their portfolio NEW YORK, NY 274,101274.1k $16.8m $16.8m 0.55% New
42 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 273,545273.5k $16.8m $16.8m 0.02% Added +186.7k +186,677
43 FIRST AMERICAN TRUST, FSB 1.06% of their portfolio SANTA ANA, CA 250,399250.4k $15.4m $15.4m 1.06% Added +51.2k +51,217
44 Capital Analysts, LLC 0.41% of their portfolio FORT WASHINGTON, PA 240,793240.8k $14.8m $14.8m 0.41% Reduced -1.6k -1,650
45 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 240,586240.6k $14.8m $14.8m 0.00% Added +16.0k +16,013
46 FSM Wealth Advisors, LLC 1.99% of their portfolio CLEVELAND, OH 237,519237.5k $14.6m $14.6m 1.99% Added +34.7k +34,662
47 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 226,687226.7k $13.9m $13.9m 0.01% Reduced -55.9k -55,862
48 Focus Partners Wealth 0.02% of their portfolio ST LOUIS, MO 219,351219.4k $13.5m $13.5m 0.02% Added +76.7k +76,695
49 B & T Capital Management DBA Alpha Capital Management 1.82% of their portfolio AUSTIN, TX 210,193210.2k $12.9m $12.9m 1.82% Added +105.3k +105,253
50 EVERGREEN CAPITAL MANAGEMENT LLC 0.28% of their portfolio Bellevue, WA 207,177207.2k $12.7m $12.7m 0.28% Added +169.7k +169,667
51 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 204,099204.1k $12.5m $12.5m 0.01% New
52 GREAT LAKES ADVISORS, LLC 0.10% of their portfolio CHICAGO, IL 194,860194.9k $12.0m $12.0m 0.10% Added +10.2k +10,161
53 Chicago Wealth Management, Inc. 4.60% of their portfolio CHICAGO, IL 186,631186.6k $11.5m $11.5m 4.60% Added +4.8k +4,850
54 NAPLES GLOBAL ADVISORS, LLC 0.80% of their portfolio NAPLES, FL 175,087175.1k $10.7m $10.7m 0.80% Added +7.4k +7,405
55 HANCOCK WHITNEY CORP 0.19% of their portfolio GULFPORT, MS 167,913167.9k $10.3m $10.3m 0.19% Reduced -9.0k -9,025
56 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 166,000166.0k $10.2m $10.2m 0.00% Added +6.8k +6,755
57 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 163,624163.6k $10.0m $10.0m 0.01% Added +7.6k +7,562
58 PRINCIPAL SECURITIES, INC. 0.15% of their portfolio DES MOINES, IA 154,188154.2k $9.5m $9.5m 0.15% Reduced -3.0k -3,017
59 Cambria Investment Management, L.P. 0.53% of their portfolio Manhattan Beach, CA 147,962148.0k $9.1m $9.1m 0.53% Added +1.1k +1,093
60 Sanctuary Advisors, LLC 0.05% of their portfolio INDIANAPOLIS, IN 141,870141.9k $8.7m $8.7m 0.05% Reduced -118.3k -118,257
61 Symphony Financial, Ltd. Co. 1.15% of their portfolio HOUSTON, TX 138,885138.9k $8.6m $8.6m 1.15% Added +9.8k +9,807
62 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 136,728136.7k $8.4m $8.4m 0.01% Added +150 +150
63 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 133,525133.5k $8.2m $8.2m 0.02% Reduced -7.5k -7,493
64 KEYBANK NATIONAL ASSOCIATION/OH 0.03% of their portfolio BROOKLYN, OH 131,816131.8k $8.1m $8.1m 0.03% Added +1.2k +1,226
65 Banco Santander, S.A. 0.06% of their portfolio Madrid, U3 123,555123.6k $7.6m $7.6m 0.06% Added +7.5k +7,535
66 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 122,149122.1k $7.5m $7.5m 0.01% Added +118.7k +118,749
67 SAGE FINANCIAL GROUP INC 0.48% of their portfolio W. CONSHOHOCKEN, PA 116,991117.0k $7.2m $7.2m 0.48% Added +3.9k +3,865
68 Capstone Financial Advisors, Inc. 0.37% of their portfolio DOWNERS GROVE, IL 112,008112.0k $6.9m $6.9m 0.37% Added +679 +679
69 CX Institutional 0.20% of their portfolio AUBURN, IN 111,320111.3k $6.8m $6.8m 0.20% Added +6.5k +6,490
70 Aprio Wealth Management, LLC 0.39% of their portfolio ATLANTA, GA 111,026111.0k $6.8m $6.8m 0.39% Added +14.1k +14,102
71 1 NORTH WEALTH SERVICES LLC 2.30% of their portfolio ANNAPOLIS, MD 106,593106.6k $6.5m $6.5m 2.30% New
72 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 104,582104.6k $6.4m $6.4m 0.04% Added +11.0k +11,028
73 Tepp RIA, LLC 5.95% of their portfolio WESTFIELD, NJ 98,04498.0k $6.0m $6.0m 5.95% Added +25.6k +25,620
74 UMB Bank, n.a. 0.08% of their portfolio Kansas City, MO 97,29297.3k $6.0m $6.0m 0.08% Not comparable
75 Johnson Financial Group, Inc. 0.22% of their portfolio RACINE, WI 94,64894.6k $5.8m $5.8m 0.22% Added +9.0k +9,002
76 ARRIEN INVESTMENTS, INC. 3.16% of their portfolio BOISE, ID 91,24291.2k $5.6m $5.6m 3.16% Added +3.4k +3,380
77 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 89,28489.3k $5.5m $5.5m 0.01% Added +6.1k +6,123
78 Vestmark Advisory Solutions, Inc. 0.07% of their portfolio Wakefield, MA 84,86084.9k $5.2m $5.2m 0.07% Added +916 +916
79 EFG International AG 0.10% of their portfolio Zurich, V8 82,06082.1k $5.0m $5.0m 0.10% First filing
80 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 77,89077.9k $4.8m $4.8m 0.00% Added +21.8k +21,794
81 Visionary Wealth Advisors 0.21% of their portfolio O'FALLON, IL 77,37877.4k $4.7m $4.7m 0.21% Added +4.3k +4,346
82 Beta Wealth Group, Inc. 1.86% of their portfolio SAN DIEGO, CA 75,47775.5k $4.6m $4.6m 1.86% Reduced -3.4k -3,357
83 Haven Private, LLC 1.99% of their portfolio ORLANDO, FL 73,96674.0k $4.5m $4.5m 1.99% Added +8.8k +8,850
84 CWM, LLC 0.01% of their portfolio OMAHA, NE 71,77771.8k $4.4m $4.4m 0.01% Added +69.6k +69,562
85 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 69,70169.7k $4.3m $4.3m 0.02% Reduced -21 -21
86 GTS SECURITIES LLC 0.14% of their portfolio NEW YORK, NY 68,47668.5k $4.2m $4.2m 0.14% New
87 Callan Family Office, LLC 0.09% of their portfolio RADNOR, PA 68,47368.5k $4.2m $4.2m 0.09% New
88 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 67,58967.6k $4.2m $4.2m 0.00% Reduced -3.0k -3,015
89 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 67,31267.3k $4.1m $4.1m 0.01% Added +37.1k +37,124
90 Clearstead Advisors, LLC 0.05% of their portfolio CLEVELAND, OH 66,86766.9k $4.1m $4.1m 0.05% Added +16.8k +16,797
91 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 65,03265.0k $4.0m $4.0m 0.00% Added +390 +390
92 IFG Advisory, LLC 0.17% of their portfolio ATLANTA, GA 64,76564.8k $4.0m $4.0m 0.17% Added +5.9k +5,852
93 CAPITAL INSIGHT PARTNERS, LLC 0.83% of their portfolio SCOTTSDALE, AZ 64,22464.2k $3.9m $3.9m 0.83% Reduced -12.3k -12,317
94 Atria Investments, Inc 0.04% of their portfolio Charlotte, NC 63,90463.9k $3.9m $3.9m 0.04% Added +6.8k +6,754
95 Apella Capital, LLC 0.08% of their portfolio WEST HARTFORD, CT 62,44062.4k $3.8m $3.8m 0.08% New
96 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 61,93761.9k $3.8m $3.8m 0.00% Added +31.5k +31,546
97 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 61,23061.2k $3.8m $3.8m 0.02% Unchanged
98 Sageworth Trust Co 0.16% of their portfolio LANCASTER, PA 59,04959.0k $3.6m $3.6m 0.16% Unchanged
99 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 58,08258.1k $3.6m $3.6m 0.04% Reduced -2.3k -2,343
100 Stelac Advisory Services LLC 1.24% of their portfolio NEW YORK, NY 57,27357.3k $3.5m $3.5m 1.24% Reduced -7.3k -7,298