Vault-13

ISHARES TR MUB

NATIONAL MUN ETF · ETP · CUSIP 464288414

1,213 institutional holders +0 vs Q4 2022
274,481,281274.5m shares reported held*
$29.4bnreported value*
91 new 527 added 425 reduced 83 sold out net bought ≈ $2.7bn (+27.3m 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 ($146.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $107.14. Options: 3 managers hold calls ($1.9m notional), 3 hold puts ($2.4m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,137Q4 22: 1,213Q1 23: 1,2131,213Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 20221,137
Q4 20221,213
Q1 20231,213

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 606 bought or addedQ4 22: 535 cut or sold outQ4 22Q1 23: 618 bought or addedQ1 23: 508 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022606535
Q1 2023618508

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ3 22 calls: $6.2mQ3 22 puts: $30.1mQ3 22P/C 4.82Q4 22 calls: $8.7mQ4 22 puts: $11.7mQ4 22P/C 1.35Q1 23 calls: $1.9mQ1 23 puts: $2.4mQ1 23P/C 1.26
Numbers
QuarterCallsPutsP/C
Q3 2022$6.2m$30.1m4.82
Q4 2022$8.7m$11.7m1.35
Q1 2023$1.9m$2.4m1.26

Biggest buyers

FMR LLC Added +18,705,192+18.7m
ENVESTNET ASSET MANAGEMENT INC Added +3,914,135+3.9m
FIRST CITIZENS BANK & TRUST CO Added +2,863,210+2.9m
Summit Wealth Group, LLC New +2,445,052+2.4m
Wealthfront Advisers LLC Added +2,242,851+2.2m
Choate Investment Advisors Added +892,145+892.1k
US BANCORP \DE\ Added +547,060+547.1k
LPL Financial LLC Added +529,537+529.5k
WELLS FARGO & COMPANY/MN Added +492,807+492.8k
HSBC HOLDINGS PLC Added +369,381+369.4k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -3,084,418-3.1m
NATIXIS ADVISORS, LLC Reduced -1,013,586-1.0m
BlackRock Inc. Reduced -872,815-872.8k
EP Wealth Advisors, LLC Reduced -679,433-679.4k
MORGAN STANLEY Reduced -665,125-665.1k
JPMORGAN CHASE & CO Reduced -661,609-661.6k
Zions Bancorporation, N.A. Reduced -417,040-417.0k
PNC Financial Services Group, Inc. Reduced -400,697-400.7k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -359,944-359.9k
ROYAL BANK OF CANADA Reduced -347,185-347.2k

Biggest calls

CITADEL ADVISORS LLC Reduced $1.6m14.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $377.1k3.5k shares
Cutler Group LLC / CA Reduced $0800 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.0m18.1k shares
CITADEL ADVISORS LLC Reduced $484.8k4.5k shares
Cutler Group LLC / CA New $1.0k2.0k 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.

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
FMR LLC 13G · institution new · filed 2025-11-05 6.0% new 22.2m≈ $2.4bn 2025-11-05

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.24% of their portfolio BOSTON, MA 48,208,94448.2m $5.2bn $5.2bn 0.24% Added +18.7m +18,705,192
2 BANK OF AMERICA CORP /DE/ 0.25% of their portfolio CHARLOTTE, NC 20,594,03720.6m $2.2bn $2.2bn 0.25% Reduced -3.1m -3,084,418
3 ENVESTNET ASSET MANAGEMENT INC 0.92% of their portfolio Berwyn, PA 17,841,19417.8m $1.9bn $1.9bn 0.92% Added +3.9m +3,914,135
4 Bank of New York Mellon Corp 0.25% of their portfolio NEW YORK, NY 10,518,03010.5m $1.1bn $1.1bn 0.25% Reduced -161.1k -161,101
5 Creative Planning 1.55% of their portfolio OVERLAND PARK, KS 9,995,44110.0m $1.1bn $1.1bn 1.55% Added +7.7k +7,688
6 Betterment LLC 3.40% of their portfolio NEW YORK, NY 9,750,2549.8m $1.1bn $1.1bn 3.40% Added +82.0k +82,033
7 JPMORGAN CHASE & CO 0.11% of their portfolio NEW YORK, NY 7,618,4927.6m $820.8m $820.8m 0.11% Reduced -661.6k -661,609
8 WELLS FARGO & COMPANY/MN 0.23% of their portfolio SAN FRANCISCO, CA 6,906,7066.9m $744.1m $744.1m 0.23% Added +492.8k +492,807
9 US BANCORP \DE\ 1.14% of their portfolio MINNEAPOLIS, MN 6,273,1716.3m $675.9m $675.9m 1.14% Added +547.1k +547,060
10 MORGAN STANLEY 0.07% of their portfolio NEW YORK, NY 5,658,3815.7m $609.6m $609.6m 0.07% Reduced -665.1k -665,125
11 PNC Financial Services Group, Inc. 0.52% of their portfolio Pittsburgh, PA 5,479,8185.5m $590.4m $590.4m 0.52% Reduced -400.7k -400,697
12 Charles Schwab Investment Advisory, Inc. 0.89% of their portfolio SAN FRANCISCO, CA 5,203,6475.2m $560.6m $560.6m 0.89% Added +5.1k +5,098
13 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.77% of their portfolio MILWAUKEE, WI 5,095,0345.1m $548.9m $548.9m 0.77% Reduced -258.0k -257,998
14 LPL Financial LLC 0.36% of their portfolio FORT MILL, SC 4,346,0194.3m $468.2m $468.2m 0.36% Added +529.5k +529,537
15 SEI INVESTMENTS CO 0.78% of their portfolio OAKS, PA 3,920,2143.9m $422.4m $422.4m 0.78% Added +313.3k +313,317
16 Fisher Asset Management, LLC 0.22% of their portfolio PLANO, TX 3,377,2863.4m $363.9m $363.9m 0.22% Added +159.5k +159,542
17 FIRST CITIZENS BANK & TRUST CO 7.02% of their portfolio RALEIGH, NC 3,264,4053.3m $351.7m $351.7m 7.02% Added +2.9m +2,863,210
18 UBS Group AG 0.16% of their portfolio ZURICH, V8 3,236,4673.2m $348.7m $348.7m 0.16% Reduced -291.7k -291,710
19 Wealthfront Advisers LLC 1.42% of their portfolio Palo Alto, CA 2,890,6972.9m $311.4m $311.4m 1.42% Added +2.2m +2,242,851
20 TIAA, FSB 1.12% of their portfolio ST. LOUIS, MO 2,813,2052.8m $303.1m $303.1m 1.12% Added +224.0k +224,040
21 MERCER GLOBAL ADVISORS INC /ADV 1.22% of their portfolio DENVER, CO 2,513,3542.5m $269.0m $269.0m 1.22% Added +191.2k +191,151
22 Summit Wealth Group, LLC 0.06% of their portfolio WHITE RIVER JUNCTION, VT 2,445,0522.4m $23 $23 0.06% New
23 COMMONWEALTH EQUITY SERVICES, LLC 0.51% of their portfolio WALTHAM, MA 2,243,4142.2m $241.7m $241.7m 0.51% Added +140.2k +140,200
24 ASSETMARK, INC 0.85% of their portfolio CONCORD, CA 1,910,8511.9m $205.9m $205.9m 0.85% Reduced -66.5k -66,506
25 OSAIC HOLDINGS, INC. 0.32% of their portfolio SCOTTSDALE, AZ 1,587,9661.6m $171.1m $171.1m 0.32% Added +105.0k +104,970
26 Mariner, LLC 0.39% of their portfolio Overland Park, KS 1,260,7371.3m $135.8m $135.8m 0.39% Added +8.9k +8,905
27 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 1,246,7031.2m $134.3m $134.3m 0.04% Reduced -143.9k -143,927
28 SIGNATUREFD, LLC 3.56% of their portfolio ATLANTA, GA 1,210,9811.2m $130.5m $130.5m 3.56% Reduced -60.4k -60,364
29 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 1,195,1651.2m $128.8m $128.8m 0.04% Reduced -347.2k -347,185
30 MML INVESTORS SERVICES, LLC 0.90% of their portfolio SPRINGFIELD, MA 1,181,5031.2m $127.3m $127.3m 0.90% Reduced -61.5k -61,529
31 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.69% of their portfolio IRVING, TX 1,149,8791.1m $123.9m $123.9m 0.69% Added +132.9k +132,876
32 Sequoia Financial Advisors, LLC 2.71% of their portfolio Akron, OH 1,129,4981.1m $121.7m $121.7m 2.71% Added +361.4k +361,437
33 Choate Investment Advisors 5.71% of their portfolio BOSTON, MA 1,098,1241.1m $118.3m $118.3m 5.71% Added +892.1k +892,145
34 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 1,065,1681.1m $114.6m $114.6m 0.04% Added +22.9k +22,880
35 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 3.26% of their portfolio MINNEAPOLIS, MN 1,025,4881.0m $110.5m $110.5m 3.26% Added +116.6k +116,630
36 BlackRock Inc. 0.00% of their portfolio New York, NY 979,787979.8k $105.6m $105.6m 0.00% Reduced -872.8k -872,815
37 OXFORD FINANCIAL GROUP, LTD. LLC 11.64% of their portfolio INDIANAPOLIS, IN 963,167963.2k $103.8m $103.8m 11.64% Reduced -21.0k -21,006
38 Facet Wealth, Inc. 6.15% of their portfolio WEST PALM BEACH, FL 943,623943.6k $101.7m $101.7m 6.15% Added +38.5k +38,502
39 JONES FINANCIAL COMPANIES LLLP 0.16% of their portfolio DES PERES, MO 918,079918.1k $98.9m $98.9m 0.16% Reduced -33.4k -33,427
40 HighTower Advisors, LLC 0.21% of their portfolio CHICAGO, IL 882,395882.4k $95.1m $95.1m 0.21% Added +60.6k +60,577
41 Ackerman Capital Advisors, LLC 24.27% of their portfolio DALLAS, TX 869,280869.3k $93.7m $93.7m 24.27% Reduced -1.7k -1,683
42 Foster Group, Inc. 5.89% of their portfolio WEST DES MOINES, IA 864,052864.1k $93.1m $93.1m 5.89% Added +46.2k +46,212
43 CITIGROUP INC 0.12% of their portfolio NEW YORK, NY 845,510845.5k $91.1m $91.1m 0.12% Added +16.5k +16,487
44 TRUIST FINANCIAL CORP 0.15% of their portfolio CHARLOTTE, NC 825,715825.7k $89.0m $89.0m 0.15% Reduced -129.0k -129,012
45 PARK AVENUE SECURITIES LLC 1.52% of their portfolio NEW YORK, NY 819,189819.2k $88.3m $88.3m 1.52% Added +114.4k +114,365
46 STATE OF WISCONSIN INVESTMENT BOARD 0.26% of their portfolio MADISON, WI 812,900812.9k $87.6m $87.6m 0.26% Reduced -137.1k -137,100
47 Cetera Investment Advisers 0.77% of their portfolio SCHAUMBURG, IL 812,504812.5k $87.5m $87.5m 0.77% Reduced -27.5k -27,482
48 Ellevest, Inc. 6.43% of their portfolio NEW YORK, NY 767,716767.7k $82.7m $82.7m 6.43% Added +22.9k +22,916
49 Corient Private Wealth LP 0.21% of their portfolio MIAMI, FL 741,173741.2k $79.9m $79.9m 0.21% Reduced -115.0k -115,018
50 Raymond James Financial Services Advisors, Inc. 0.13% of their portfolio ST. PETERSBURG, FL 631,753631.8k $68.1m $68.1m 0.13% Reduced -134.6k -134,565
51 One Capital Management, LLC 3.28% of their portfolio WESTLAKE VILLAGE, CA 619,545619.5k $66.7m $66.7m 3.28% Added +297.5k +297,511
52 ALLSTATE CORP 4.94% of their portfolio NORTHBROOK, IL 617,786617.8k $66.6m $66.6m 4.94% Added +14.0k +14,023
53 AVANTAX ADVISORY SERVICES, INC. 0.77% of their portfolio DALLAS, TX 587,098587.1k $63.3m $63.3m 0.77% Added +9.9k +9,872
54 Cetera Advisor Networks LLC 0.46% of their portfolio EL SEGUNDO, CA 580,409580.4k $62.5m $62.5m 0.46% Reduced -30.0k -29,966
55 Crestwood Advisors Group, LLC 2.06% of their portfolio BOSTON, MA 574,904574.9k $61.9m $61.9m 2.06% Added +248.3k +248,332
56 RWA WEALTH PARTNERS, LLC 1.47% of their portfolio BOSTON, MA 566,825566.8k $61.1m $61.1m 1.47% Added +9.9k +9,896
57 CAPTRUST FINANCIAL ADVISORS 0.27% of their portfolio RALEIGH, NC 566,696566.7k $61.1m $61.1m 0.27% Reduced -44.2k -44,203
58 STIFEL FINANCIAL CORP 0.09% of their portfolio ST. LOUIS, MO 556,779556.8k $60.0m $60.0m 0.09% Added +157.5k +157,534
59 Arkos Global Advisors 12.01% of their portfolio HOUSTON, TX 551,866551.9k $59.5m $59.5m 12.01% Added +254.3k +254,294
60 Beacon Pointe Advisors, LLC 1.00% of their portfolio NEWPORT BEACH, CA 545,101545.1k $58.7m $58.7m 1.00% Reduced -26.6k -26,646
61 Plante Moran Financial Advisors, LLC 7.89% of their portfolio SOUTHFIELD, MI 535,853535.9k $57.7m $57.7m 7.89% Reduced -82.1k -82,149
62 Alaska Wealth Advisors, LLC 9.57% of their portfolio ANCHORAGE, AK 530,772530.8k $57.2m $57.2m 9.57% Added +98.0k +98,023
63 BESSEMER GROUP INC 0.13% of their portfolio WOODBRIDGE, NJ 510,721510.7k $55.0m $55.0m 0.13% Reduced -160.1k -160,130
64 Wealthcare Advisory Partners LLC 2.30% of their portfolio WEST CHESTER, PA 496,371496.4k $53.5m $53.5m 2.30% Added +123.4k +123,364
65 AE Wealth Management LLC 0.34% of their portfolio TOPEKA, KS 487,737487.7k $52.5m $52.5m 0.34% Added +7.2k +7,239
66 Wealthspire Advisors, LLC 0.90% of their portfolio NEW YORK, NY 486,385486.4k $52.4m $52.4m 0.90% Reduced -38.2k -38,221
67 Meeder Advisory Services, Inc. 6.00% of their portfolio DUBLIN, OH 483,012483.0k $52.0m $52.0m 6.00% Added +31.1k +31,088
68 COLDSTREAM CAPITAL MANAGEMENT INC 1.74% of their portfolio BELLEVUE, WA 480,529480.5k $51.8m $51.8m 1.74% Reduced -102.6k -102,636
69 AJ WEALTH STRATEGIES, LLC 2.64% of their portfolio NEW YORK, NY 470,177470.2k $50.7m $50.7m 2.64% Reduced -11.6k -11,598
70 Orion Porfolio Solutions, LLC 0.62% of their portfolio OMAHA, NE 469,317469.3k $50.6m $50.6m 0.62% Added +216.9k +216,876
71 Orion Portfolio Solutions, LLC 0.62% of their portfolio Omaha, NE 469,317469.3k $50.6m $50.6m 0.62% Added +249.0k +249,000
72 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 468,198468.2k $50.5m $50.5m 0.02% Added +35.2k +35,223
73 Column Capital Advisors, LLC 7.24% of their portfolio INDIANAPOLIS, IN 450,290450.3k $48.5m $48.5m 7.24% Added +1.3k +1,324
74 CITIZENS FINANCIAL GROUP INC/RI 1.76% of their portfolio PROVIDENCE, RI 445,377445.4k $48.0m $48.0m 1.76% Reduced -213.9k -213,889
75 Financial Engines Advisors L.L.C. 0.13% of their portfolio SANTA CLARA, CA 441,403441.4k $47.6m $47.6m 0.13% Reduced -11.5k -11,496
76 JFS WEALTH ADVISORS, LLC 4.26% of their portfolio HERMITAGE, PA 419,271419.3k $45.2m $45.2m 4.26% Reduced -1.1k -1,066
77 HSBC HOLDINGS PLC 0.06% of their portfolio LONDON, X0 402,019402.0k $43.3m $43.3m 0.06% Added +369.4k +369,381
78 Waldron Private Wealth LLC 2.08% of their portfolio BRIDGEVILLE, PA 396,082396.1k $42.7m $42.7m 2.08% Reduced -4.9k -4,940
79 Manning & Napier Group, LLC 0.49% of their portfolio Fairport, NY 394,428394.4k $42.5m $42.5m 0.49% Reduced -46.4k -46,418
80 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 385,782385.8k $41.6m $41.6m 0.02% Reduced -293 -293
81 Symmetry Partners, LLC 2.25% of their portfolio GLASTONBURY, CT 378,964379.0k $40.8m $40.8m 2.25% Added +30.5k +30,505
82 PATHSTONE FAMILY OFFICE, LLC 0.65% of their portfolio ENGLEWOOD, NJ 374,566374.6k $40.4m $40.4m 0.65% Added +279.3k +279,314
83 OneDigital Investment Advisors LLC 0.94% of their portfolio OVERLAND PARK, KS 372,738372.7k $40.2m $40.2m 0.94% Reduced -7.9k -7,901
84 SOFI WEALTH, LLC 5.29% of their portfolio SAN FRANCISCO, CA 364,112364.1k $39.2m $39.2m 5.29% Added +9.1k +9,085
85 PFS INVESTMENTS INC. 0.67% of their portfolio DULUTH, GA 358,423358.4k $38.8m $38.8m 0.67% Added +37.9k +37,883
86 Forvis Mazars Wealth Advisors, LLC 1.22% of their portfolio Springfield, MO 346,371346.4k $37.3m $37.3m 1.22% Added +237.5k +237,540
87 Thrivent Financial for Lutherans 0.09% of their portfolio Minneapolis, MN 345,123345.1k $37.1m $37.1m 0.09% Added +47.1k +47,107
88 CWM, LLC 0.25% of their portfolio OMAHA, NE 341,326341.3k $36.8m $36.8m 0.25% Added +25.8k +25,773
89 Allworth Financial LP 0.37% of their portfolio FOLSOM, CA 337,752337.8k $36.4m $36.4m 0.37% Added +16.4k +16,411
90 LAKE STREET ADVISORS GROUP, LLC 2.25% of their portfolio PORTSMOUTH, NH 337,752337.8k $36.4m $36.4m 2.25% Reduced -9.6k -9,589
91 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 334,912334.9k $36.1m $36.1m 0.03% Reduced -77.8k -77,804
92 BAILARD, INC. 1.27% of their portfolio Foster City, CA 328,965329.0k $35.4m $35.4m 1.27% Added +131.4k +131,429
93 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 310,594310.6k $33.5m $33.5m 0.02% Added +205.9k +205,869
94 MATHER GROUP, LLC. 0.59% of their portfolio CHICAGO, IL 308,273308.3k $33.2m $33.2m 0.59% Added +31.1k +31,066
95 Orgel Wealth Management, LLC 1.18% of their portfolio ALTOONA, WI 306,627306.6k $33.0m $33.0m 1.18% Reduced -21.8k -21,836
96 PRUDENTIAL FINANCIAL INC 0.05% of their portfolio NEWARK, NJ 305,679305.7k $32.6m $32.6m 0.05% Added +45.5k +45,503
97 Meridian Wealth Partners, LLC 6.94% of their portfolio EXTON, PA 295,736295.7k $31.9m $31.9m 6.94% Added +1.1k +1,110
98 COMMERCE BANK 0.24% of their portfolio KANSAS CITY, MO 290,012290.0k $31.2m $31.2m 0.24% Reduced -10.1k -10,063
99 Forum Financial Management, LP 0.90% of their portfolio LOMBARD, IL 288,647288.6k $31.1m $31.1m 0.90% Reduced -100.8k -100,794
100 Austin Private Wealth, LLC 4.96% of their portfolio Austin, TX 288,356288.4k $31.1m $31.1m 4.96% Added +2.0k +1,963