Vault-13

ISHARES TR MUB

NATIONAL MUN ETF · ETP · CUSIP 464288414

1,354 institutional holders -23 vs Q1 2024
313,448,613313.4m shares reported held*
$33.5bnreported value*
85 new 641 added 434 reduced 116 sold out net sold ≈ $1.3bn (-12.6m 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 ($61.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $106.72. Options: 2 managers hold calls ($6.1m notional), 4 hold puts ($186.6m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,137Q4 22: 1,213Q1 23: 1,213Q2 23: 1,224Q3 23: 1,229Q4 23: 1,381Q1 24: 1,377Q2 24: 1,3541,354Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 20221,137
Q4 20221,213
Q1 20231,213
Q2 20231,224
Q3 20231,229
Q4 20231,381
Q1 20241,377
Q2 20241,354

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 outQ2 23: 592 bought or addedQ2 23: 505 cut or sold outQ2 23Q3 23: 614 bought or addedQ3 23: 514 cut or sold outQ4 23: 637 bought or addedQ4 23: 599 cut or sold outQ4 23Q1 24: 704 bought or addedQ1 24: 556 cut or sold outQ2 24: 726 bought or addedQ2 24: 550 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022606535
Q1 2023618508
Q2 2023592505
Q3 2023614514
Q4 2023637599
Q1 2024704556
Q2 2024726550

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ3 23 calls: $21.8mQ3 23 puts: $3.1mQ3 23P/C 0.14Q4 23 calls: $178.6mQ4 23 puts: $97.9mQ4 23P/C 0.55Q1 24 calls: $186.1mQ1 24 puts: $237.1mQ1 24P/C 1.27Q2 24 calls: $6.1mQ2 24 puts: $186.6mQ2 24P/C 30.51
Numbers
QuarterCallsPutsP/C
Q3 2023$21.8m$3.1m0.14
Q4 2023$178.6m$97.9m0.55
Q1 2024$186.1m$237.1m1.27
Q2 2024$6.1m$186.6m30.51

Biggest buyers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +8,575,204+8.6m
Betterment LLC Added +2,347,935+2.3m
ROYAL BANK OF CANADA Added +1,586,362+1.6m
ENVESTNET ASSET MANAGEMENT INC Added +1,512,868+1.5m
PNC Financial Services Group, Inc. Added +1,014,348+1.0m
MERCER GLOBAL ADVISORS INC /ADV Added +864,732+864.7k
TIAA TRUST, NATIONAL ASSOCIATION Added +834,982+835.0k
LPL Financial LLC Added +582,636+582.6k
SEI INVESTMENTS CO Added +529,000+529.0k
BANK OF AMERICA CORP /DE/ Added +401,586+401.6k

Biggest sellers

MORGAN STANLEY Reduced -14,111,999-14.1m
Charles Schwab Investment Advisory, Inc. Sold out -8,618,722-8.6m
D. E. Shaw & Co., Inc. Sold out -2,731,200-2.7m
JANE STREET GROUP, LLC Reduced -2,719,169-2.7m
US BANCORP \DE\ Reduced -2,268,732-2.3m
FMR LLC Reduced -1,931,835-1.9m
JPMORGAN CHASE & CO Reduced -812,876-812.9k
Envestnet Portfolio Solutions, Inc. Reduced -736,448-736.4k
Bank of New York Mellon Corp Reduced -577,165-577.2k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -434,540-434.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.8m35.6k shares
BANK OF AMERICA CORP /DE/ New $2.3m21.8k shares

Biggest puts

LMR Partners LLP Reduced $160.0m1.5m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $18.2m171.1k shares
CITADEL ADVISORS LLC Reduced $4.9m45.7k shares
WOLVERINE TRADING, LLC New $3.5m32.9k 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.24% of their portfolio CHARLOTTE, NC 23,608,72823.6m $2.5bn $2.5bn 0.24% Added +401.6k +401,586
2 JPMORGAN CHASE & CO 0.09% of their portfolio NEW YORK, NY 18,823,48818.8m $2.0bn $2.0bn 0.09% Reduced -812.9k -812,876
3 ENVESTNET ASSET MANAGEMENT INC 0.69% of their portfolio Berwyn, PA 18,518,50218.5m $2.0bn $2.0bn 0.69% Added +1.5m +1,512,868
4 FMR LLC 0.11% of their portfolio BOSTON, MA 16,385,34016.4m $1.7bn $1.7bn 0.11% Reduced -1.9m -1,931,835
5 Betterment LLC 4.35% of their portfolio NEW YORK, NY 15,773,01215.8m $1.7bn $1.7bn 4.35% Added +2.3m +2,347,935
6 Creative Planning 1.35% of their portfolio OVERLAND PARK, KS 11,904,08811.9m $1.3bn $1.3bn 1.35% Added +36.3k +36,271
7 Bank of New York Mellon Corp 0.20% of their portfolio NEW YORK, NY 9,668,3879.7m $1.0bn $1.0bn 0.20% Reduced -577.2k -577,165
8 Wealthfront Advisers LLC 3.33% of their portfolio Palo Alto, CA 9,301,2689.3m $991.1m $991.1m 3.33% Added +146.3k +146,256
9 WELLS FARGO & COMPANY/MN 0.25% of their portfolio SAN FRANCISCO, CA 9,052,3649.1m $964.5m $964.5m 0.25% Added +289.6k +289,573
10 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.17% of their portfolio SAN FRANCISCO, CA 8,611,7908.6m $917.6m $917.6m 0.17% Added +8.6m +8,575,204
11 PNC Financial Services Group, Inc. 0.52% of their portfolio Pittsburgh, PA 7,299,8047.3m $777.8m $777.8m 0.52% Added +1.0m +1,014,348
12 LPL Financial LLC 0.37% of their portfolio FORT MILL, SC 6,997,3257.0m $745.6m $745.6m 0.37% Added +582.6k +582,636
13 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 6,607,4926.6m $704.0m $704.0m 0.05% Reduced -14.1m -14,111,999
14 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.64% of their portfolio MILWAUKEE, WI 6,096,8136.1m $649.6m $649.6m 0.64% Reduced -434.5k -434,540
15 MERCER GLOBAL ADVISORS INC /ADV 1.76% of their portfolio DENVER, CO 6,085,4146.1m $647.3m $647.3m 1.76% Added +864.7k +864,732
16 TIAA TRUST, NATIONAL ASSOCIATION 1.68% of their portfolio CHARLOTTE, NC 5,104,1025.1m $543.8m $543.8m 1.68% Added +835.0k +834,982
17 US BANCORP \DE\ 0.73% of their portfolio MINNEAPOLIS, MN 4,995,6075.0m $532.3m $532.3m 0.73% Reduced -2.3m -2,268,732
18 Fisher Asset Management, LLC 0.22% of their portfolio PLANO, TX 4,732,2174.7m $504.2m $504.2m 0.22% Added +348.3k +348,335
19 Envestnet Portfolio Solutions, Inc. 1.68% of their portfolio BERWYN, PA 4,527,3244.5m $482.4m $482.4m 1.68% Reduced -736.4k -736,448
20 SEI INVESTMENTS CO 0.64% of their portfolio OAKS, PA 4,210,5594.2m $448.6m $448.6m 0.64% Added +529.0k +529,000
21 Orgel Wealth Management, LLC 10.33% of their portfolio ALTOONA, WI 3,592,5043.6m $382.8m $382.8m 10.33% Reduced -175.8k -175,843
22 UBS Group AG 0.09% of their portfolio ZURICH, V8 2,781,0992.8m $296.3m $296.3m 0.09% Added +105.5k +105,467
23 RWA WEALTH PARTNERS, LLC 3.91% of their portfolio BOSTON, MA 2,779,3492.8m $296.1m $296.1m 3.91% Added +14.1k +14,139
24 COMMONWEALTH EQUITY SERVICES, LLC 0.46% of their portfolio WALTHAM, MA 2,722,1112.7m $290.0m $290.0m 0.46% Added +242.7k +242,676
25 ROYAL BANK OF CANADA 0.06% of their portfolio TORONTO, A6 2,480,3412.5m $264.3m $264.3m 0.06% Added +1.6m +1,586,362
26 FIRST CITIZENS BANK & TRUST CO 4.91% of their portfolio RALEIGH, NC 2,442,2252.4m $260.2m $260.2m 4.91% Reduced -430.8k -430,787
27 ASSETMARK, INC 0.78% of their portfolio CONCORD, CA 2,352,6762.4m $250.7m $250.7m 0.78% Added +201.0k +201,033
28 Mariner, LLC 0.34% of their portfolio Overland Park, KS 1,667,8651.7m $177.7m $177.7m 0.34% Added +126.4k +126,440
29 HighTower Advisors, LLC 0.24% of their portfolio CHICAGO, IL 1,484,3331.5m $158.2m $158.2m 0.24% Added +46.3k +46,307
30 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 1,441,9341.4m $153.6m $153.6m 0.03% Reduced -403.7k -403,710
31 MML INVESTORS SERVICES, LLC 0.61% of their portfolio SPRINGFIELD, MA 1,426,3321.4m $152.0m $152.0m 0.61% Reduced -90.9k -90,946
32 Cetera Investment Advisers 0.35% of their portfolio SCHAUMBURG, IL 1,411,1611.4m $150.4m $150.4m 0.35% Reduced -83.5k -83,530
33 SIGNATUREFD, LLC 3.03% of their portfolio ATLANTA, GA 1,399,8391.4m $149.2m $149.2m 3.03% Added +37.3k +37,296
34 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 1,384,4661.4m $147.6m $147.6m 0.04% Added +8.8k +8,787
35 Choate Investment Advisors 3.29% of their portfolio BOSTON, MA 1,177,0311.2m $125.4m $125.4m 3.29% Reduced -252.3k -252,293
36 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 2.55% of their portfolio MINNEAPOLIS, MN 1,117,4841.1m $119.1m $119.1m 2.55% Reduced -2.2k -2,177
37 One Capital Management, LLC 3.95% of their portfolio WESTLAKE VILLAGE, CA 1,089,3301.1m $116.1m $116.1m 3.95% Added +167.5k +167,453
38 JONES FINANCIAL COMPANIES LLLP 0.13% of their portfolio DES PERES, MO 1,051,7191.1m $112.1m $112.1m 0.13% Added +70.3k +70,288
39 Sequoia Financial Advisors, LLC 1.30% of their portfolio Akron, OH 1,010,9071.0m $107.7m $107.7m 1.30% Reduced -50.1k -50,127
40 OSAIC HOLDINGS, INC. 0.25% of their portfolio SCOTTSDALE, AZ 979,145979.1k $104.3m $104.3m 0.25% Added +182.9k +182,856
41 OXFORD FINANCIAL GROUP, LTD. LLC 6.87% of their portfolio INDIANAPOLIS, IN 976,747976.7k $104.1m $104.1m 6.87% Added +20.2k +20,193
42 PARK AVENUE SECURITIES LLC 1.27% of their portfolio NEW YORK, NY 972,958973.0k $103.7m $103.7m 1.27% Added +21.7k +21,686
43 AVANTAX ADVISORY SERVICES, INC. 0.71% of their portfolio DALLAS, TX 930,316930.3k $99.1m $99.1m 0.71% Reduced -35.7k -35,688
44 Ellevest, Inc. 5.88% of their portfolio NEW YORK, NY 920,731920.7k $98.1m $98.1m 5.88% Added +39.0k +38,999
45 TRUIST FINANCIAL CORP 0.15% of their portfolio CHARLOTTE, NC 918,295918.3k $97.8m $97.8m 0.15% Reduced -98.5k -98,476
46 CAPTRUST FINANCIAL ADVISORS 0.31% of their portfolio RALEIGH, NC 917,134917.1k $97.7m $97.7m 0.31% Added +27.2k +27,164
47 EP Wealth Advisors, LLC 1.03% of their portfolio TORRANCE, CA 908,244908.2k $96.8m $96.8m 1.03% Reduced -43.1k -43,080
48 CITIGROUP INC 0.09% of their portfolio NEW YORK, NY 892,098892.1k $95.1m $95.1m 0.09% Added +21.6k +21,571
49 Corient Private Wealth LP 0.15% of their portfolio MIAMI, FL 782,213782.2k $83.4m $83.4m 0.15% Reduced -24.3k -24,308
50 OneDigital Investment Advisors LLC 1.04% of their portfolio OVERLAND PARK, KS 778,415778.4k $82.9m $82.9m 1.04% Added +76.9k +76,869
51 HSBC HOLDINGS PLC 0.05% of their portfolio LONDON, X0 750,754750.8k $80.0m $80.0m 0.05% Added +371.8k +371,814
52 Cerity Partners LLC 0.21% of their portfolio NEW YORK, NY 717,666717.7k $76.5m $76.5m 0.21% Reduced -41.6k -41,623
53 Raymond James Financial Services Advisors, Inc. 0.10% of their portfolio ST. PETERSBURG, FL 685,532685.5k $73.0m $73.0m 0.10% Added +17.8k +17,790
54 Focus Partners Wealth 0.25% of their portfolio ST LOUIS, MO 685,530685.5k $73.0m $73.0m 0.25% Added +335.8k +335,773
55 CWM, LLC 0.34% of their portfolio OMAHA, NE 679,503679.5k $72.4m $72.4m 0.34% Added +223.9k +223,941
56 Meeder Advisory Services, Inc. 5.08% of their portfolio DUBLIN, OH 674,171674.2k $71.8m $71.8m 5.08% Added +154.2k +154,168
57 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.17% of their portfolio PLYMOUTH, MN 652,850652.9k $69.6m $69.6m 0.17% Added +1.2k +1,221
58 Crestwood Advisors Group, LLC 1.43% of their portfolio BOSTON, MA 648,555648.6k $69.1m $69.1m 1.43% Added +6.5k +6,494
59 Arkos Global Advisors 11.13% of their portfolio HOUSTON, TX 645,933645.9k $68.8m $68.8m 11.13% Added +4.2k +4,224
60 Orion Porfolio Solutions, LLC 0.72% of their portfolio OMAHA, NE 637,583637.6k $67.9m $67.9m 0.72% Added +84.9k +84,920
61 Orion Portfolio Solutions, LLC 0.72% of their portfolio Omaha, NE 637,583637.6k $67.9m $67.9m 0.72% Added +84.9k +84,920
62 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.57% of their portfolio IRVING, TX 617,405617.4k $65.8m $65.8m 0.57% Reduced -292 -292
63 STATE OF WISCONSIN INVESTMENT BOARD 0.17% of their portfolio MADISON, WI 607,800607.8k $64.8m $64.8m 0.17% Unchanged
64 Prime Capital Investment Advisors, LLC 0.95% of their portfolio OVERLAND PARK, KS 599,926599.9k $63.9m $63.9m 0.95% Added +14.3k +14,318
65 STIFEL FINANCIAL CORP 0.07% of their portfolio ST. LOUIS, MO 581,620581.6k $62.0m $62.0m 0.07% Reduced -9.7k -9,705
66 Forvis Mazars Wealth Advisors, LLC 1.54% of their portfolio Springfield, MO 577,691577.7k $61.6m $61.6m 1.54% Added +1.4k +1,380
67 Wealthspire Advisors, LLC 0.78% of their portfolio NEW YORK, NY 571,121571.1k $60.9m $60.9m 0.78% Added +6.0k +6,018
68 Financial Engines Advisors L.L.C. 0.13% of their portfolio SANTA CLARA, CA 558,313558.3k $59.5m $59.5m 0.13% Added +15.6k +15,638
69 BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio PARIS, I0 551,007551.0k $58.7m $58.7m 0.06% Reduced -221.8k -221,828
70 COLDSTREAM CAPITAL MANAGEMENT INC 1.39% of their portfolio BELLEVUE, WA 534,773534.8k $57.0m $57.0m 1.39% Added +1.1k +1,138
71 Beacon Pointe Advisors, LLC 0.67% of their portfolio NEWPORT BEACH, CA 534,734534.7k $57.0m $57.0m 0.67% Reduced -28.2k -28,170
72 PRUDENTIAL FINANCIAL INC 0.08% of their portfolio NEWARK, NJ 518,006518.0k $55.2m $55.2m 0.08% Reduced -30.1k -30,059
73 MANNING & NAPIER ADVISORS LLC 0.57% of their portfolio Fairport, NY 476,978477.0k $50.8m $50.8m 0.57% First filing
74 Foster Group, Inc. 1.97% of their portfolio WEST DES MOINES, IA 469,886469.9k $50.1m $50.1m 1.97% Added +58.5k +58,494
75 BESSEMER GROUP INC 0.09% of their portfolio WOODBRIDGE, NJ 460,869460.9k $49.1m $49.1m 0.09% Reduced -42.7k -42,696
76 Symmetry Partners, LLC 2.47% of their portfolio GLASTONBURY, CT 450,957451.0k $48.0m $48.0m 2.47% Added +289.3k +289,288
77 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 449,679449.7k $48.1m $48.1m 0.01% Reduced -88.5k -88,485
78 a16z Perennial Management, L.P. 2.53% of their portfolio MENLO PARK, CA 443,334443.3k $47.2m $47.2m 2.53% Added +221.7k +221,667
79 SOFI WEALTH, LLC 3.96% of their portfolio SAN FRANCISCO, CA 442,926442.9k $47.2m $47.2m 3.96% Added +40.5k +40,519
80 JFS WEALTH ADVISORS, LLC 3.65% of their portfolio HERMITAGE, PA 433,914433.9k $46.2m $46.2m 3.65% Reduced -486 -486
81 Pathstone Holdings, LLC 0.21% of their portfolio ENGLEWOOD, NJ 430,955431.0k $45.9m $45.9m 0.21% Reduced -68.0k -68,036
82 Facet Wealth, Inc. 1.41% of their portfolio WEST PALM BEACH, FL 428,388428.4k $46.0m $46.0m 1.41% Added +127.1k +127,082
83 ALLSTATE CORP 3.70% of their portfolio NORTHBROOK, IL 427,495427.5k $45.5m $45.5m 3.70% Added +237.8k +237,760
84 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 419,601419.6k $44.7m $44.7m 0.02% Added +22.4k +22,390
85 NISA INVESTMENT ADVISORS, LLC 0.28% of their portfolio ST. LOUIS, MO 417,850417.9k $44.5m $44.5m 0.28% Added +167.4k +167,450
86 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 415,761415.8k $44.3m $44.3m 0.03% Reduced -23.6k -23,587
87 Wealthcare Advisory Partners LLC 1.36% of their portfolio WEST CHESTER, PA 408,516408.5k $43.5m $43.5m 1.36% Added +14.6k +14,613
88 Plante Moran Financial Advisors, LLC 4.24% of their portfolio SOUTHFIELD, MI 398,052398.1k $42.4m $42.4m 4.24% Reduced -26.7k -26,747
89 Rockefeller Capital Management L.P. 0.12% of their portfolio NEW YORK, NY 384,430384.4k $41.0m $41.0m 0.12% Added +1.4k +1,405
90 COMERICA BANK 0.16% of their portfolio DALLAS, TX 357,312357.3k $38.1m $38.1m 0.16% Added +3.2k +3,221
91 Waldron Private Wealth LLC 1.62% of their portfolio BRIDGEVILLE, PA 339,135339.1k $36.1m $36.1m 1.62% Reduced -216 -216
92 Avantax Planning Partners, Inc. 1.12% of their portfolio DUBUQUE, IA 326,719326.7k $34.8m $34.8m 1.12% Added +13.3k +13,333
93 Equitable Holdings, Inc. 0.37% of their portfolio NEW YORK, NY 326,383326.4k $34.8m $34.8m 0.37% Added +33.3k +33,339
94 Austin Private Wealth, LLC 3.74% of their portfolio Austin, TX 325,779325.8k $34.7m $34.7m 3.74% Added +2.5k +2,503
95 Mosaic Advisors LLC 27.67% of their portfolio HOUSTON, TX 321,860321.9k $34.3m $34.3m 27.67% Added +2.3k +2,327
96 Thrivent Financial for Lutherans 0.07% of their portfolio Minneapolis, MN 321,742321.7k $34.3m $34.3m 0.07% Added +10.8k +10,801
97 AE Wealth Management LLC 0.34% of their portfolio TOPEKA, KS 319,623319.6k $34.1m $34.1m 0.34% Added +34.1k +34,118
98 M&T Bank Corp 0.12% of their portfolio BUFFALO, NY 319,345319.3k $34.0m $34.0m 0.12% Added +15.6k +15,599
99 Full Sail Capital, LLC 2.27% of their portfolio OKLAHOMA CITY, OK 316,452316.5k $33.7m $33.7m 2.27% Added +3.0k +2,997
100 LAKE STREET ADVISORS GROUP, LLC 1.55% of their portfolio PORTSMOUTH, NH 303,147303.1k $32.3m $32.3m 1.55% Reduced -10.0k -9,971