Vault-13

ISHARES TR MUB

NATIONAL MUN ETF · ETP · CUSIP 464288414

1,404 institutional holders +50 vs Q2 2024
327,079,589327.1m shares reported held*
$35.6bnreported value*
98 new 650 added 435 reduced 60 sold out net bought ≈ $1.5bn (+13.9m 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 ($56.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $108.74. Options: 3 managers hold calls ($55.0m notional), 4 hold puts ($46.3m).

Trends to Q3 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: 1,354Q3 24: 1,4041,404Q3 22Q1 23Q3 23Q1 24Q3 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
Q3 20241,404

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 outQ1 23: 618 bought or addedQ1 23: 508 cut or sold outQ1 23Q2 23: 592 bought or addedQ2 23: 505 cut or sold outQ3 23: 614 bought or addedQ3 23: 514 cut or sold outQ3 23Q4 23: 637 bought or addedQ4 23: 599 cut or sold outQ1 24: 704 bought or addedQ1 24: 556 cut or sold outQ1 24Q2 24: 726 bought or addedQ2 24: 550 cut or sold outQ3 24: 748 bought or addedQ3 24: 495 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022606535
Q1 2023618508
Q2 2023592505
Q3 2023614514
Q4 2023637599
Q1 2024704556
Q2 2024726550
Q3 2024748495

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ4 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 30.51Q3 24 calls: $55.0mQ3 24 puts: $46.3mQ3 24P/C 0.84
Numbers
QuarterCallsPutsP/C
Q4 2023$178.6m$97.9m0.55
Q1 2024$186.1m$237.1m1.27
Q2 2024$6.1m$186.6m30.51
Q3 2024$55.0m$46.3m0.84

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +1,974,919+2.0m
US BANCORP \DE\ Added +1,859,907+1.9m
MORGAN STANLEY Added +1,215,093+1.2m
Betterment LLC Added +1,113,584+1.1m
Facet Wealth, Inc. Added +1,035,414+1.0m
Envestnet Portfolio Solutions, Inc. Added +775,176+775.2k
Creative Planning Added +723,492+723.5k
ENVESTNET ASSET MANAGEMENT INC Added +701,096+701.1k
Balentine LLC Added +698,834+698.8k
SEI INVESTMENTS CO Added +620,163+620.2k

Biggest sellers

FMR LLC Reduced -2,172,215-2.2m
ROYAL BANK OF CANADA Reduced -492,538-492.5k
BNP PARIBAS FINANCIAL MARKETS Reduced -454,877-454.9k
a16z Perennial Management, L.P. Sold out -443,334-443.3k
Symmetry Partners, LLC Reduced -385,098-385.1k
HSBC HOLDINGS PLC Reduced -383,422-383.4k
Bank of New York Mellon Corp Reduced -354,814-354.8k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -354,227-354.2k
Focus Partners Wealth Reduced -315,703-315.7k
Allspring Global Investments Holdings, LLC Reduced -283,243-283.2k

Biggest calls

LMR Partners LLP New $54.4m500.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $467.1k4.3k shares
CITADEL ADVISORS LLC New $76.0k700 shares

Biggest puts

CITADEL ADVISORS LLC Added $30.6m281.5k shares
JANE STREET GROUP, LLC New $7.3m67.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.2m57.2k shares
Walleye Trading LLC New $2.2m20.0k 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, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.24% of their portfolio CHARLOTTE, NC 25,583,64725.6m $2.8bn $2.8bn 0.24% Added +2.0m +1,974,919
2 JPMORGAN CHASE & CO 0.08% of their portfolio NEW YORK, NY 19,396,42419.4m $2.1bn $2.1bn 0.08% Added +572.9k +572,936
3 ENVESTNET ASSET MANAGEMENT INC 0.67% of their portfolio Berwyn, PA 19,219,59819.2m $2.1bn $2.1bn 0.67% Added +701.1k +701,096
4 Betterment LLC 4.38% of their portfolio NEW YORK, NY 16,886,59616.9m $1.8bn $1.8bn 4.38% Added +1.1m +1,113,584
5 FMR LLC 0.09% of their portfolio BOSTON, MA 14,213,12514.2m $1.5bn $1.5bn 0.09% Reduced -2.2m -2,172,215
6 Creative Planning 1.36% of their portfolio OVERLAND PARK, KS 12,627,58012.6m $1.4bn $1.4bn 1.36% Added +723.5k +723,492
7 Wealthfront Advisers LLC 3.25% of their portfolio Palo Alto, CA 9,740,4319.7m $1.1bn $1.1bn 3.25% Added +439.2k +439,163
8 Bank of New York Mellon Corp 0.19% of their portfolio NEW YORK, NY 9,313,5739.3m $1.0bn $1.0bn 0.19% Reduced -354.8k -354,814
9 WELLS FARGO & COMPANY/MN 0.24% of their portfolio SAN FRANCISCO, CA 8,998,0549.0m $977.5m $977.5m 0.24% Reduced -54.3k -54,310
10 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.17% of their portfolio SAN FRANCISCO, CA 8,257,5638.3m $897.0m $897.0m 0.17% Reduced -354.2k -354,227
11 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 7,822,5857.8m $849.8m $849.8m 0.06% Added +1.2m +1,215,093
12 LPL Financial LLC 0.37% of their portfolio FORT MILL, SC 7,582,9237.6m $823.7m $823.7m 0.37% Added +585.6k +585,598
13 PNC Financial Services Group, Inc. 0.51% of their portfolio Pittsburgh, PA 7,366,7627.4m $800.3m $800.3m 0.51% Added +67.0k +66,958
14 US BANCORP \DE\ 0.96% of their portfolio MINNEAPOLIS, MN 6,855,5146.9m $744.7m $744.7m 0.96% Added +1.9m +1,859,907
15 MERCER GLOBAL ADVISORS INC /ADV 1.64% of their portfolio DENVER, CO 6,442,0366.4m $700.2m $700.2m 1.64% Added +356.6k +356,622
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.61% of their portfolio MILWAUKEE, WI 6,312,2876.3m $685.7m $685.7m 0.61% Added +215.5k +215,474
17 Envestnet Portfolio Solutions, Inc. 1.87% of their portfolio BERWYN, PA 5,302,5005.3m $576.0m $576.0m 1.87% Added +775.2k +775,176
18 Fisher Asset Management, LLC 0.23% of their portfolio PLANO, TX 5,274,9155.3m $573.0m $573.0m 0.23% Added +542.7k +542,698
19 TIAA TRUST, NATIONAL ASSOCIATION 1.61% of their portfolio CHARLOTTE, NC 4,969,4195.0m $539.8m $539.8m 1.61% Reduced -134.7k -134,683
20 SEI INVESTMENTS CO 0.68% of their portfolio OAKS, PA 4,830,7224.8m $524.8m $524.8m 0.68% Added +620.2k +620,163
21 Orgel Wealth Management, LLC 9.99% of their portfolio ALTOONA, WI 3,672,7553.7m $399.0m $399.0m 9.99% Added +80.3k +80,251
22 COMMONWEALTH EQUITY SERVICES, LLC 0.47% of their portfolio WALTHAM, MA 2,861,0412.9m $310.8m $310.8m 0.47% Added +138.9k +138,930
23 RWA WEALTH PARTNERS, LLC 3.79% of their portfolio BOSTON, MA 2,793,8752.8m $303.5m $303.5m 3.79% Added +14.5k +14,526
24 UBS Group AG 0.08% of their portfolio ZURICH, V8 2,753,8102.8m $299.1m $299.1m 0.08% Reduced -27.3k -27,289
25 FIRST CITIZENS BANK & TRUST CO 6.36% of their portfolio RALEIGH, NC 2,665,2562.7m $289.5m $289.5m 6.36% Added +223.0k +223,031
26 ASSETMARK, INC 0.76% of their portfolio CONCORD, CA 2,449,6512.4m $266.1m $266.1m 0.76% Added +97.0k +96,975
27 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 1,987,8032.0m $215.9m $215.9m 0.05% Reduced -492.5k -492,538
28 Mariner, LLC 0.33% of their portfolio Overland Park, KS 1,705,7361.7m $185.3m $185.3m 0.33% Added +37.9k +37,871
29 HighTower Advisors, LLC 0.26% of their portfolio CHICAGO, IL 1,677,4131.7m $182.2m $182.2m 0.26% Added +193.1k +193,080
30 MML INVESTORS SERVICES, LLC 0.60% of their portfolio SPRINGFIELD, MA 1,505,7291.5m $163.6m $163.6m 0.60% Added +79.4k +79,397
31 Cetera Investment Advisers 0.36% of their portfolio SCHAUMBURG, IL 1,494,3921.5m $162.3m $162.3m 0.36% Added +83.2k +83,231
32 Facet Wealth, Inc. 4.45% of their portfolio WEST PALM BEACH, FL 1,463,8021.5m $156.3m $156.3m 4.45% Added +1.0m +1,035,414
33 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 1,394,1431.4m $151.1m $151.1m 0.04% Added +9.7k +9,677
34 Choate Investment Advisors 3.83% of their portfolio BOSTON, MA 1,382,6151.4m $150.2m $150.2m 3.83% Added +205.6k +205,584
35 SIGNATUREFD, LLC 2.81% of their portfolio ATLANTA, GA 1,354,7311.4m $147.2m $147.2m 2.81% Reduced -45.1k -45,108
36 One Capital Management, LLC 4.29% of their portfolio WESTLAKE VILLAGE, CA 1,239,1161.2m $134.6m $134.6m 4.29% Added +149.8k +149,786
37 JONES FINANCIAL COMPANIES LLLP 0.13% of their portfolio DES PERES, MO 1,208,0411.2m $131.3m $131.3m 0.13% Added +156.3k +156,322
38 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,196,2391.2m $129.9m $129.9m 0.02% Reduced -245.7k -245,695
39 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 2.77% of their portfolio MINNEAPOLIS, MN 1,108,0661.1m $120.4m $120.4m 2.77% Reduced -9.4k -9,418
40 CAPTRUST FINANCIAL ADVISORS 0.34% of their portfolio RALEIGH, NC 1,048,3181.0m $113.9m $113.9m 0.34% Added +131.2k +131,184
41 Sequoia Financial Advisors, LLC 1.19% of their portfolio Akron, OH 1,023,4951.0m $111.2m $111.2m 1.19% Added +12.6k +12,588
42 AVANTAX ADVISORY SERVICES, INC. 0.70% of their portfolio DALLAS, TX 978,866978.9k $106.3m $106.3m 0.70% Added +48.5k +48,550
43 OXFORD FINANCIAL GROUP, LTD. LLC 6.66% of their portfolio INDIANAPOLIS, IN 967,578967.6k $105.1m $105.1m 6.66% Reduced -9.2k -9,169
44 PARK AVENUE SECURITIES LLC 1.16% of their portfolio NEW YORK, NY 948,428948.4k $103.0m $103.0m 1.16% Reduced -24.5k -24,530
45 Ellevest, Inc. 5.68% of their portfolio NEW YORK, NY 944,231944.2k $102.6m $102.6m 5.68% Added +23.5k +23,500
46 EP Wealth Advisors, LLC 0.88% of their portfolio TORRANCE, CA 940,337940.3k $102.1m $102.1m 0.88% Added +32.1k +32,093
47 TRUIST FINANCIAL CORP 0.15% of their portfolio CHARLOTTE, NC 896,287896.3k $97.4m $97.4m 0.15% Reduced -22.0k -22,008
48 Balentine LLC 3.79% of their portfolio ATLANTA, GA 885,803885.8k $96.2m $96.2m 3.79% Added +698.8k +698,834
49 CITIGROUP INC 0.09% of their portfolio NEW YORK, NY 863,380863.4k $93.8m $93.8m 0.09% Reduced -28.7k -28,718
50 OneDigital Investment Advisors LLC 1.01% of their portfolio OVERLAND PARK, KS 810,380810.4k $88.0m $88.0m 1.01% Added +32.0k +31,965
51 Centiva Capital, LP 3.93% of their portfolio New York, NY 800,000800.0k $86.9m $86.9m 3.93% Added +500.0k +500,000
52 CWM, LLC 0.37% of their portfolio OMAHA, NE 792,357792.4k $86.1m $86.1m 0.37% Added +112.9k +112,854
53 OSAIC HOLDINGS, INC. 0.19% of their portfolio SCOTTSDALE, AZ 786,207786.2k $85.4m $85.4m 0.19% Reduced -192.9k -192,938
54 Corient Private Wealth LP 0.13% of their portfolio MIAMI, FL 770,767770.8k $83.7m $83.7m 0.13% Reduced -11.4k -11,446
55 ALLSTATE CORP 7.66% of their portfolio NORTHBROOK, IL 741,435741.4k $80.5m $80.5m 7.66% Added +313.9k +313,940
56 Cerity Partners LLC 0.18% of their portfolio NEW YORK, NY 728,275728.3k $79.1m $79.1m 0.18% Added +10.6k +10,609
57 Meeder Advisory Services, Inc. 5.05% of their portfolio DUBLIN, OH 718,056718.1k $78.0m $78.0m 5.05% Added +43.9k +43,885
58 Arkos Global Advisors 11.21% of their portfolio HOUSTON, TX 711,813711.8k $77.3m $77.3m 11.21% Added +65.9k +65,880
59 Raymond James Financial Services Advisors, Inc. 0.10% of their portfolio ST. PETERSBURG, FL 683,775683.8k $74.3m $74.3m 0.10% Reduced -1.8k -1,757
60 STIFEL FINANCIAL CORP 0.08% of their portfolio ST. LOUIS, MO 674,547674.5k $73.3m $73.3m 0.08% Added +92.9k +92,927
61 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.16% of their portfolio PLYMOUTH, MN 673,802673.8k $73.2m $73.2m 0.16% Added +21.0k +20,952
62 Crestwood Advisors Group, LLC 1.36% of their portfolio BOSTON, MA 654,120654.1k $71.1m $71.1m 1.36% Added +5.6k +5,565
63 Orion Porfolio Solutions, LLC 0.71% of their portfolio OMAHA, NE 653,865653.9k $71.0m $71.0m 0.71% Added +16.3k +16,282
64 Orion Portfolio Solutions, LLC 0.71% of their portfolio Omaha, NE 653,865653.9k $71.0m $71.0m 0.71% Added +16.3k +16,282
65 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.56% of their portfolio IRVING, TX 624,351624.4k $67.8m $67.8m 0.56% Added +6.9k +6,946
66 STATE OF WISCONSIN INVESTMENT BOARD 0.17% of their portfolio MADISON, WI 607,800607.8k $66.0m $66.0m 0.17% Unchanged
67 Wealthspire Advisors, LLC 0.66% of their portfolio NEW YORK, NY 597,883597.9k $64.9m $64.9m 0.66% Added +26.8k +26,762
68 Prime Capital Investment Advisors, LLC 0.92% of their portfolio OVERLAND PARK, KS 593,569593.6k $64.5m $64.5m 0.92% Reduced -6.4k -6,357
69 Forvis Mazars Wealth Advisors, LLC 1.46% of their portfolio Springfield, MO 584,361584.4k $63.5m $63.5m 1.46% Added +6.7k +6,670
70 ANGELES WEALTH MANAGEMENT, LLC 5.47% of their portfolio SANTA MONICA, CA 584,123584.1k $63.5m $63.5m 5.47% New
71 Financial Engines Advisors L.L.C. 0.13% of their portfolio SANTA CLARA, CA 575,245575.2k $62.5m $62.5m 0.13% Added +16.9k +16,932
72 Beacon Pointe Advisors, LLC 0.69% of their portfolio NEWPORT BEACH, CA 548,672548.7k $59.6m $59.6m 0.69% Added +13.9k +13,938
73 PRUDENTIAL FINANCIAL INC 0.08% of their portfolio NEWARK, NJ 517,060517.1k $56.2m $56.2m 0.08% Reduced -946 -946
74 MANNING & NAPIER ADVISORS LLC 0.60% of their portfolio Fairport, NY 500,452500.5k $54.4m $54.4m 0.60% Added +23.5k +23,474
75 CIBC WORLD MARKET INC. 0.12% of their portfolio TORONTO, A6 500,160500.2k $54.3m $54.3m 0.12% New
76 COLDSTREAM CAPITAL MANAGEMENT INC 1.17% of their portfolio BELLEVUE, WA 498,484498.5k $54.2m $54.2m 1.17% Reduced -36.3k -36,289
77 SOFI WEALTH, LLC 3.88% of their portfolio SAN FRANCISCO, CA 485,236485.2k $52.7m $52.7m 3.88% Added +42.3k +42,310
78 Foster Group, Inc. 1.96% of their portfolio WEST DES MOINES, IA 484,686484.7k $52.7m $52.7m 1.96% Added +14.8k +14,800
79 JFS WEALTH ADVISORS, LLC 3.38% of their portfolio HERMITAGE, PA 465,389465.4k $50.6m $50.6m 3.38% Added +31.5k +31,475
80 Wealthcare Advisory Partners LLC 1.42% of their portfolio WEST CHESTER, PA 460,037460.0k $50.0m $50.0m 1.42% Added +51.5k +51,521
81 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 455,757455.8k $49.5m $49.5m 0.02% Added +6.1k +6,078
82 BESSEMER GROUP INC 0.08% of their portfolio WOODBRIDGE, NJ 452,638452.6k $49.2m $49.2m 0.08% Reduced -8.2k -8,231
83 CHOREO, LLC 0.69% of their portfolio ROCKFORD, IL 432,385432.4k $47.1m $47.1m 0.69% Added +222.0k +221,955
84 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 428,833428.8k $46.6m $46.6m 0.02% Added +9.2k +9,232
85 Pathstone Holdings, LLC 0.21% of their portfolio ENGLEWOOD, NJ 428,765428.8k $46.6m $46.6m 0.21% Reduced -2.2k -2,190
86 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 408,334408.3k $44.4m $44.4m 0.03% Reduced -7.4k -7,427
87 Kestra Investment Management, LLC 1.88% of their portfolio AUSTIN, TX 402,734402.7k $43.7m $43.7m 1.88% Added +161.9k +161,934
88 Rockefeller Capital Management L.P. 0.11% of their portfolio NEW YORK, NY 393,189393.2k $42.7m $42.7m 0.11% Added +8.8k +8,759
89 Plante Moran Financial Advisors, LLC 3.49% of their portfolio SOUTHFIELD, MI 376,580376.6k $40.9m $40.9m 3.49% Reduced -21.5k -21,472
90 NISA INVESTMENT ADVISORS, LLC 0.24% of their portfolio ST. LOUIS, MO 374,940374.9k $40.7m $40.7m 0.24% Reduced -42.9k -42,910
91 Focus Partners Wealth 0.13% of their portfolio ST LOUIS, MO 369,827369.8k $40.2m $40.2m 0.13% Reduced -315.7k -315,703
92 Sanctuary Advisors, LLC 0.25% of their portfolio INDIANAPOLIS, IN 367,380367.4k $39.5m $39.5m 0.25% Added +88.6k +88,623
93 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 367,332367.3k $39.9m $39.9m 0.02% Reduced -383.4k -383,422
94 COMERICA BANK 0.16% of their portfolio DALLAS, TX 367,074367.1k $39.9m $39.9m 0.16% Added +9.8k +9,762
95 Thrivent Financial for Lutherans 0.08% of their portfolio Minneapolis, MN 364,589364.6k $39.6m $39.6m 0.08% Added +42.8k +42,847
96 Waldron Private Wealth LLC 1.55% of their portfolio BRIDGEVILLE, PA 343,462343.5k $37.3m $37.3m 1.55% Added +4.3k +4,327
97 Equitable Holdings, Inc. 0.36% of their portfolio NEW YORK, NY 343,023343.0k $37.3m $37.3m 0.36% Added +16.6k +16,640
98 AE Wealth Management LLC 0.33% of their portfolio TOPEKA, KS 336,047336.0k $36.5m $36.5m 0.33% Added +16.4k +16,424
99 LAKE STREET ADVISORS GROUP, LLC 1.59% of their portfolio PORTSMOUTH, NH 316,465316.5k $34.4m $34.4m 1.59% Added +13.3k +13,318
100 CAHABA WEALTH MANAGEMENT, INC. 2.83% of their portfolio Atlanta, GA 315,713315.7k $34.3m $34.3m 2.83% Added +93.5k +93,501