Vault-13

ISHARES TR USRT

CRE U S REIT ETF · ETP · CUSIP 464288521

322 institutional holders -6 vs Q4 2022
24,714,38124.7m shares reported held*
$1.2bnreported value*
32 new 116 added 105 reduced 30 sold out net sold ≈ $40.4m (-234.6k 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 ($4.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.80. Options: 3 managers hold calls ($632.0k notional), 3 hold puts ($2.4m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 300Q4 22: 328Q1 23: 322322Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022300
Q4 2022328
Q1 2023322

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 174 bought or addedQ4 22: 114 cut or sold outQ4 22Q1 23: 148 bought or addedQ1 23: 135 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022174114
Q1 2023148135

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ3 22 calls: $0Q3 22 puts: $7.0kQ3 22P/C —Q4 22 calls: $6.9mQ4 22 puts: $3.0kQ4 22P/C 0.00Q1 23 calls: $632.0kQ1 23 puts: $2.4mQ1 23P/C 3.75
Numbers
QuarterCallsPutsP/C
Q3 2022$0$7.0k—
Q4 2022$6.9m$3.0k0.00
Q1 2023$632.0k$2.4m3.75

Biggest buyers

COWA, LLC Added +500,462+500.5k
US BANCORP \DE\ Added +225,835+225.8k
SCHRODER INVESTMENT MANAGEMENT GROUP Added +200,000+200.0k
BlackRock Inc. Added +163,152+163.2k
Phoenix Financial Ltd. New +154,429+154.4k
Charles Schwab Trust Co Added +124,634+124.6k
Relative Value Partners Group, LLC Added +118,697+118.7k
Belpointe Asset Management LLC Added +71,223+71.2k
Summit Wealth Group, LLC New +63,806+63.8k
Thrivent Financial for Lutherans Added +58,011+58.0k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -760,891-760.9k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -431,369-431.4k
ENVESTNET ASSET MANAGEMENT INC Reduced -157,931-157.9k
UBS Group AG Reduced -99,056-99.1k
Fund Evaluation Group, LLC Reduced -97,286-97.3k
PGIM Custom Harvest LLC Reduced -96,961-97.0k
OIKOS HOLDINGS LLC Reduced -84,848-84.8k
PENINSULA ASSET MANAGEMENT INC Sold out -83,450-83.5k
CAPITAL ADVISORS INC/OK Sold out -80,634-80.6k
CORNERSTONE PARTNERS CAPITAL MANAGEMENT, LLC Reduced -76,241-76.2k

Biggest calls

CITADEL ADVISORS LLC New $539.3k10.7k shares
Belvedere Trading LLC New $90.7k1.8k shares
Cutler Group LLC / CA Added $2.0k900 shares

Biggest puts

Belvedere Trading LLC New $1.3m25.5k shares
CITADEL ADVISORS LLC New $1.1m21.5k shares
Cutler Group LLC / CA Reduced $0600 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.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: BlackRock Portfolio Management LLC (5.0%, 2026-10-27)

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Charles Schwab Investment Advisory, Inc. 0.20% of their portfolio SAN FRANCISCO, CA 2,489,9982.5m $125.5m $125.5m 0.20% Reduced -15.9k -15,872
2 BlackRock Inc. 0.00% of their portfolio New York, NY 1,947,2771.9m $98.1m $98.1m 0.00% Added +163.2k +163,152
3 US BANCORP \DE\ 0.11% of their portfolio MINNEAPOLIS, MN 1,262,3511.3m $63.6m $63.6m 0.11% Added +225.8k +225,835
4 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 964,394964.4k $48.6m $48.6m 0.02% Reduced -157.9k -157,931
5 Corient Private Wealth LP 0.12% of their portfolio MIAMI, FL 916,835916.8k $46.2m $46.2m 0.12% Added +20.6k +20,592
6 FIDUCIENT ADVISORS LLC 11.46% of their portfolio Chicago, IL 701,463701.5k $35.4m $35.4m 11.46% Added +3.5k +3,537
7 Thrivent Financial for Lutherans 0.08% of their portfolio Minneapolis, MN 634,873634.9k $31.5m $31.5m 0.08% Added +58.0k +58,011
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 607,612607.6k $30.6m $30.6m 0.00% Reduced -5.3k -5,306
9 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 566,160566.2k $28.5m $28.5m 0.03% Reduced -22.8k -22,815
10 CHOREO, LLC 0.98% of their portfolio ROCKFORD, IL 551,226551.2k $27.8m $27.8m 0.98% Reduced -11.8k -11,810
11 COWA, LLC 0.71% of their portfolio Tulsa, OK 530,735530.7k $904.9k $904.9k 0.71% Added +500.5k +500,462
12 Advisory Alpha, LLC 1.36% of their portfolio HOLLAND, MI 424,923424.9k $21.4m $21.4m 1.36% Reduced -1.5k -1,529
13 Charles Schwab Trust Co 2.56% of their portfolio HENDERSON, NV 420,288420.3k $21.2m $21.2m 2.56% Added +124.6k +124,634
14 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 383,721383.7k $19.4m $19.4m 0.04% Added +5.2k +5,221
15 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 371,661371.7k $18.7m $18.7m 0.03% Added +45.6k +45,563
16 Rockbridge Investment Management, LCC 3.33% of their portfolio Syracuse, NY 358,873358.9k $18.1m $18.1m 3.33% Added +26.1k +26,103
17 MISSION WEALTH MANAGEMENT, LP 0.73% of their portfolio Santa Barbara, CA 342,728342.7k $17.3m $17.3m 0.73% Added +37.7k +37,724
18 S. R. Schill & Associates 7.33% of their portfolio MERCER ISLAND, WA 313,442313.4k $15.8m $15.8m 7.33% Added +42.8k +42,792
19 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 304,180304.2k $15.3m $15.3m 0.04% Added +39.2k +39,196
20 Forvis Mazars Wealth Advisors, LLC 0.47% of their portfolio Springfield, MO 287,146287.1k $14.5m $14.5m 0.47% Added +41.9k +41,909
21 OIKOS HOLDINGS LLC 5.58% of their portfolio NEW YORK, NY 265,652265.7k $13.4m $13.4m 5.58% Reduced -84.8k -84,848
22 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 265,000265.0k $13.4m $13.4m 0.02% Added +200.0k +200,000
23 Legacy Financial Group LLC 3.48% of their portfolio DES MOINES, IA 252,456252.5k $12.7m $12.7m 3.48% Added +7.0k +7,041
24 Ellenbecker Investment Group 3.41% of their portfolio WAUKESHA, WI 248,846248.8k $12.5m $12.5m 3.41% Reduced -23.6k -23,595
25 HALBERT HARGROVE GLOBAL ADVISORS, LLC 0.81% of their portfolio LONG BEACH, CA 235,152235.2k $11.9m $11.9m 0.81% Reduced -31.3k -31,324
26 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.13% of their portfolio PLYMOUTH, MN 220,859220.9k $11.1m $11.1m 0.13% Reduced -431.4k -431,369
27 MBE Wealth Management, LLC 6.50% of their portfolio TOMAH, WI 218,999219.0k $11.0m $11.0m 6.50% Added +31.4k +31,364
28 Rakuten Investment Management, Inc. 0.13% of their portfolio TOKYO, M0 215,822215.8k $10.6m $10.6m 0.13% Added +47.9k +47,900
29 Fund Evaluation Group, LLC 0.00% of their portfolio CINCINNATI, OH 205,457205.5k $10.0k $10.0k 0.00% Reduced -97.3k -97,286
30 Relative Value Partners Group, LLC 0.35% of their portfolio NORTHBROOK, IL 200,726200.7k $10.1m $10.1m 0.35% Added +118.7k +118,697
31 AGINCOURT CAPITAL MANAGEMENT, LLC 7.96% of their portfolio RICHMOND, VA 193,633193.6k $9.8m $9.8m 7.96% Added +3.9k +3,900
32 PHILLIPS FINANCIAL MANAGEMENT, LLC 0.93% of their portfolio FORT WAYNE, IN 190,368190.4k $9.6m $9.6m 0.93% Added +3.3k +3,304
33 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 187,182187.2k $9.4m $9.4m 0.00% Reduced -760.9k -760,891
34 Pure Financial Advisors, LLC 0.43% of their portfolio SAN DIEGO, CA 183,180183.2k $9.2m $9.2m 0.43% Added +4.6k +4,593
35 Biltmore Wealth Management, LLC 3.49% of their portfolio TEMPE, AZ 171,631171.6k $8.7m $8.7m 3.49% Added +8.3k +8,341
36 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 169,211169.2k $8.5m $8.5m 0.01% Reduced -852 -852
37 TECTONIC ADVISORS LLC 1.15% of their portfolio FRISCO, TX 166,493166.5k $8.4m $8.4m 1.15% Added +5.2k +5,176
38 Lido Advisors, LLC 0.11% of their portfolio Los Angeles, CA 159,518159.5k $8.0m $8.0m 0.11% Added +8.7k +8,681
39 UBS Group AG 0.00% of their portfolio ZURICH, V8 158,456158.5k $8.0m $8.0m 0.00% Reduced -99.1k -99,056
40 Phoenix Financial Ltd. 0.17% of their portfolio Givatayim, L3 154,429154.4k $7.8m $7.8m 0.17% New
41 TPG Financial Advisors, LLC 4.23% of their portfolio PORTLAND, OR 153,802153.8k $7.8m $7.8m 4.23% Added +17.9k +17,901
42 Heritage Financial Services, LLC 1.66% of their portfolio Westwood, MA 151,243151.2k $7.6m $7.6m 1.66% Added +19.9k +19,949
43 ERn Financial, LLC 1.59% of their portfolio MIDDLETON, WI 143,840143.8k $7.2m $7.2m 1.59% Added +9.2k +9,180
44 Rodgers & Associates, LTD 1.11% of their portfolio Lancaster, PA 141,678141.7k $7.1m $7.1m 1.11% Added +8.3k +8,279
45 PGIM Custom Harvest LLC 0.28% of their portfolio NEWARK, NJ 132,796132.8k $6.7m $6.7m 0.28% Reduced -97.0k -96,961
46 Cannon Financial Strategists, Inc. 2.17% of their portfolio ATHENS, GA 127,012127.0k $6.4m $6.4m 2.17% Added +13.1k +13,070
47 Wiser Wealth Management, Inc 2.73% of their portfolio MARIETTA, GA 126,878126.9k $6.4m $6.4m 2.73% Added +8.6k +8,620
48 Cornerstone Management, Inc. 1.64% of their portfolio DULUTH, GA 125,071125.1k $6.3m $6.3m 1.64% Added +7.9k +7,874
49 Barber Financial Group, Inc. 1.07% of their portfolio LENEXA, KS 121,034121.0k $6.1m $6.1m 1.07% Reduced -22.5k -22,507
50 Veracity Capital LLC 2.73% of their portfolio Atlanta, GA 117,374117.4k $5.9m $5.9m 2.73% Added +28.9k +28,880
51 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 115,161115.2k $5.8m $5.8m 0.01% Reduced -3.3k -3,275
52 CW Advisors, LLC 0.14% of their portfolio BOSTON, MA 112,114112.1k $5.7m $5.7m 0.14% Reduced -5.5k -5,519
53 Procyon Advisors, LLC 0.92% of their portfolio SHELTON, CT 110,427110.4k $5.6m $5.6m 0.92% Added +3.3k +3,328
54 CONGRESS ASSET MANAGEMENT CO 0.05% of their portfolio BOSTON, MA 108,550108.5k $5.5m $5.5m 0.05% Reduced -5.1k -5,149
55 U.S. Capital Wealth Advisors, LLC 0.25% of their portfolio AUSTIN, TX 106,040106.0k $5.3m $5.3m 0.25% Added +4.7k +4,673
56 Moisand Fitzgerald Tamayo, LLC 1.07% of their portfolio ORLANDO, FL 99,51299.5k $5.0m $5.0m 1.07% Added +7.7k +7,737
57 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 97,68197.7k $4.9m $4.9m 0.01% Added +1.5k +1,540
58 CORNERSTONE PARTNERS CAPITAL MANAGEMENT, LLC 0.32% of their portfolio CHARLOTTESVILLE, VA 97,08097.1k $4.9m $4.9m 0.32% Reduced -76.2k -76,241
59 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 91,45891.5k $4.6m $4.6m 0.01% Reduced -10.2k -10,190
60 MARSHALL FINANCIAL GROUP INC /ADV 1.80% of their portfolio DOYLESTOWN, PA 87,87087.9k $4.4m $4.4m 1.80% Added +10.4k +10,389
61 StrategIQ Financial Group, LLC 0.50% of their portfolio MERRILLVILLE, IN 86,54386.5k $4.4m $4.4m 0.50% Added +2.7k +2,688
62 COLDSTREAM CAPITAL MANAGEMENT INC 0.15% of their portfolio BELLEVUE, WA 86,28086.3k $4.3m $4.3m 0.15% Reduced -63.9k -63,941
63 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 84,00984.0k $4.2m $4.2m 0.00% Reduced -46.0k -46,005
64 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 80,24880.2k $4.0m $4.0m 0.00% Reduced -5.1k -5,137
65 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 0.31% of their portfolio BOSTON, MA 80,12080.1k $4.0m $4.0m 0.31% Unchanged
66 Topel & Distasi Wealth Management, LLC 2.06% of their portfolio BERKELEY, CA 78,23478.2k $3.9m $3.9m 2.06% Added +7.0k +7,048
67 Belpointe Asset Management LLC 0.21% of their portfolio RENO, NV 76,54776.5k $3.9m $3.9m 0.21% Added +71.2k +71,223
68 CIC Wealth, LLC 1.43% of their portfolio ROCKVILLE, MD 75,04675.0k $3.8m $3.8m 1.43% Added +18.1k +18,056
69 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 74,77674.8k $3.8m $3.8m 0.02% Reduced -17.5k -17,508
70 AE Wealth Management LLC 0.02% of their portfolio TOPEKA, KS 73,14773.1k $3.7m $3.7m 0.02% Added +37.4k +37,419
71 Gunma Bank,Ltd. 1.55% of their portfolio GUNMA, M0 70,00070.0k $3.5m $3.5m 1.55% Unchanged
72 Visionary Wealth Advisors 0.29% of their portfolio O'FALLON, IL 67,53267.5k $3.4m $3.4m 0.29% Reduced -8.5k -8,494
73 MONETA GROUP INVESTMENT ADVISORS LLC 0.08% of their portfolio ST LOUIS, MO 67,31567.3k $3.4m $3.4m 0.08% Reduced -6.0k -5,991
74 Blueprint Investment Partners LLC 0.74% of their portfolio GREENSBORO, NC 64,58564.6k $3.3m $3.3m 0.74% Reduced -7.3k -7,335
75 Summit Wealth Group, LLC 0.00% of their portfolio WHITE RIVER JUNCTION, VT 63,80663.8k $1 $1 0.00% New
76 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 63,41563.4k $3.2m $3.2m 0.00% Added +2.3k +2,259
77 M Holdings Securities, Inc. 0.32% of their portfolio PORTLAND, OR 61,96662.0k $3.1m $3.1m 0.32% Reduced -9.8k -9,816
78 FIRST HAWAIIAN BANK 0.10% of their portfolio HONOLULU, HI 61,41761.4k $3.1m $3.1m 0.10% Unchanged
79 Heck Capital Advisors, LLC 0.58% of their portfolio Rhinelander, WI 59,66759.7k $3.0m $3.0m 0.58% Reduced -1.6k -1,627
80 RDA Financial Network 1.32% of their portfolio AKRON, IA 57,27557.3k $2.9m $2.9m 1.32% Reduced -2.0k -1,986
81 Prosperity Planning, Inc. 1.25% of their portfolio NORTH KANSAS CITY, MO 56,87256.9k $2.9m $2.9m 1.25% Added +3.9k +3,938
82 Fi3 FINANCIAL ADVISORS, LLC 1.51% of their portfolio INDIANAPOLIS, IN 56,02256.0k $2.8m $2.8m 1.51% Added +1.4k +1,443
83 AWM CAPITAL, LLC 0.77% of their portfolio Phoenix, AZ 54,61754.6k $2.8m $2.8m 0.77% Added +3.9k +3,856
84 Wealthcare Advisory Partners LLC 0.12% of their portfolio WEST CHESTER, PA 53,62553.6k $2.7m $2.7m 0.12% Reduced -1.6k -1,611
85 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 50,30050.3k $2.5m $2.5m 0.00% Added +4.7k +4,700
86 Piedmont Capital Management, LLC 1.97% of their portfolio WHITEFISH, MT 49,36849.4k $2.5m $2.5m 1.97% Added +697 +697
87 Windsor Capital Management, LLC 0.84% of their portfolio Phoenix, AZ 48,50748.5k $2.4m $2.4m 0.84% Added +3.8k +3,809
88 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.04% of their portfolio Stamford, CT 48,36948.4k $2.4m $2.4m 0.04% Added +17.6k +17,605
89 Blue Edge Capital, LLC 0.51% of their portfolio RICHMOND, VA 46,68946.7k $2.4m $2.4m 0.51% Added +14.8k +14,781
90 3Chopt Investment Partners, LLC 1.19% of their portfolio RICHMOND, VA 44,22644.2k $2.2m $2.2m 1.19% Added +5.2k +5,194
91 Garde Capital, Inc. 0.24% of their portfolio SEATTLE, WA 44,19244.2k $2.2m $2.2m 0.24% Unchanged
92 Kohmann Bosshard Financial Services, LLC 0.41% of their portfolio FAIRLAWN, OH 43,11143.1k $2.2m $2.2m 0.41% Added +91 +91
93 MOODY NATIONAL BANK TRUST DIVISION 0.17% of their portfolio GALVESTON, TX 40,45840.5k $2.0m $2.0m 0.17% Reduced -1.5k -1,485
94 Freedom Investment Management, Inc. 0.23% of their portfolio SOUTH WINDSOR, CT 40,41040.4k $2.0m $2.0m 0.23% Added +5.2k +5,234
95 SigFig Wealth Management, LLC 0.13% of their portfolio SAN FRANCISCO, CA 40,23840.2k $2.4m $2.4m 0.13% Reduced -3.2k -3,189
96 SECURIAN ASSET MANAGEMENT, INC 0.05% of their portfolio ST PAUL, MN 38,48338.5k $1.9m $1.9m 0.05% Unchanged
97 American State Bank (Iowa) 1.35% of their portfolio SIOUX CENTER, IA 36,65336.7k $1.8m $1.8m 1.35% Added +386 +386
98 Brown Financial Advisory 1.75% of their portfolio FAIRHOPE, AL 36,08236.1k $1.8m $1.8m 1.75% Reduced -4.2k -4,219
99 Independent Wealth Network Inc. 1.14% of their portfolio URBANDALE, IA 35,28535.3k $1.8m $1.8m 1.14% Added +131 +131
100 CarsonAllaria Wealth Management, Ltd. 1.49% of their portfolio GLEN CARBON, IL 35,08535.1k $1.8m $1.8m 1.49% Reduced -1.4k -1,435