Vault-13

ISHARES TR USRT

CRE U S REIT ETF · ETP · CUSIP 464288521

379 institutional holders +6 vs Q4 2024
33,215,57133.2m shares reported held*
$1.9bnreported value*
44 new 133 added 124 reduced 37 sold out net bought ≈ $64.8m (+1.1m 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 ($10.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $57.61. Options: 1 managers hold calls ($5.8k notional), 1 hold puts ($5.8k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 300Q4 22: 328Q1 23: 322Q2 23: 328Q3 23: 326Q4 23: 346Q1 24: 330Q2 24: 323Q3 24: 352Q4 24: 373Q1 25: 379379Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022300
Q4 2022328
Q1 2023322
Q2 2023328
Q3 2023326
Q4 2023346
Q1 2024330
Q2 2024323
Q3 2024352
Q4 2024373
Q1 2025379

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 145 bought or addedQ2 23: 150 cut or sold outQ3 23: 142 bought or addedQ3 23: 151 cut or sold outQ3 23Q4 23: 161 bought or addedQ4 23: 143 cut or sold outQ1 24: 144 bought or addedQ1 24: 165 cut or sold outQ1 24Q2 24: 148 bought or addedQ2 24: 143 cut or sold outQ3 24: 172 bought or addedQ3 24: 150 cut or sold outQ3 24Q4 24: 176 bought or addedQ4 24: 153 cut or sold outQ1 25: 177 bought or addedQ1 25: 161 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023145150
Q3 2023142151
Q4 2023161143
Q1 2024144165
Q2 2024148143
Q3 2024172150
Q4 2024176153
Q1 2025177161

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ2 24 calls: $80.3kQ2 24 puts: $0Q2 24P/C 0.00Q3 24 calls: $92.4kQ3 24 puts: $24.6kQ3 24P/C 0.27Q4 24 calls: $630.4kQ4 24 puts: $11.5kQ4 24P/C 0.02Q1 25 calls: $5.8kQ1 25 puts: $5.8kQ1 25P/C 1.00
Numbers
QuarterCallsPutsP/C
Q2 2024$80.3k$00.00
Q3 2024$92.4k$24.6k0.27
Q4 2024$630.4k$11.5k0.02
Q1 2025$5.8k$5.8k1.00

Biggest buyers

Johns Hopkins University New +868,007+868.0k
Apollon Wealth Management, LLC Added +457,121+457.1k
Kestra Investment Management, LLC Added +451,625+451.6k
Pacific Life Fund Advisors LLC New +329,119+329.1k
MPS Loria Financial Planners, LLC New +247,795+247.8k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +213,501+213.5k
AXS Investments LLC New +158,291+158.3k
US BANCORP \DE\ Added +140,593+140.6k
Avior Wealth Management, LLC Added +116,783+116.8k
Disciplina Capital Management LLC New +99,019+99.0k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -554,721-554.7k
Prime Capital Investment Advisors, LLC Reduced -359,870-359.9k
LPL Financial LLC Reduced -235,732-235.7k
Trust Co of Tennessee Reduced -171,414-171.4k
MBE Wealth Management, LLC Reduced -158,322-158.3k
OSAIC HOLDINGS, INC. Reduced -117,871-117.9k
SCHOOL EMPLOYEES RETIREMENT BOARD OF OHIO Sold out -112,787-112.8k
RAYMOND JAMES FINANCIAL INC Reduced -105,383-105.4k
MARSHALL FINANCIAL GROUP INC /ADV Reduced -102,119-102.1k
JPMORGAN CHASE & CO Reduced -90,993-91.0k

Biggest calls

CITADEL ADVISORS LLC Reduced $5.8k100 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $5.8k100 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,907,8233.9m $225.1m $225.1m 0.00% Added +84.0k +84,006
2 US BANCORP \DE\ 0.22% of their portfolio MINNEAPOLIS, MN 2,916,2032.9m $168.0m $168.0m 0.22% Added +140.6k +140,593
3 GLENMEDE TRUST CO NA 0.49% of their portfolio PHILADELPHIA, PA 1,573,6081.6m $90.6m $90.6m 0.49% Reduced -10.1k -10,076
4 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.07% of their portfolio MILWAUKEE, WI 1,533,3301.5m $88.3m $88.3m 0.07% Added +213.5k +213,501
5 Trust Co of Tennessee 14.33% of their portfolio KNOXVILLE, TN 992,320992.3k $57.2m $57.2m 14.33% Reduced -171.4k -171,414
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 952,568952.6k $54.9m $54.9m 0.00% Added +33.1k +33,067
7 Johns Hopkins University 1.89% of their portfolio BALTIMORE, MD 868,007868.0k $50.0m $50.0m 1.89% New
8 Heritage Financial Services, LLC 4.15% of their portfolio Westwood, MA 727,932727.9k $41.9m $41.9m 4.15% Reduced -36.5k -36,492
9 Corient Private Wealth LP 0.06% of their portfolio MIAMI, FL 668,683668.7k $38.5m $38.5m 0.06% Added +5.6k +5,568
10 Apollon Wealth Management, LLC 0.73% of their portfolio MOUNT PLEASANT, SC 578,548578.5k $33.3m $33.3m 0.73% Added +457.1k +457,121
11 Rakuten Investment Management, Inc. 0.15% of their portfolio TOKYO, M0 578,431578.4k $33.0m $33.0m 0.15% First filing
12 Thrivent Financial for Lutherans 0.07% of their portfolio Minneapolis, MN 562,673562.7k $34.0m $34.0m 0.07% Reduced -53.4k -53,418
13 CHOREO, LLC 0.49% of their portfolio ROCKFORD, IL 552,523552.5k $31.8m $31.8m 0.49% Reduced -22.5k -22,535
14 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 545,736545.7k $31.4m $31.4m 0.01% Reduced -235.7k -235,732
15 MISSION WEALTH MANAGEMENT, LP 0.75% of their portfolio Santa Barbara, CA 516,897516.9k $29.8m $29.8m 0.75% Added +11.0k +10,953
16 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.05% of their portfolio PLYMOUTH, MN 493,782493.8k $28.4m $28.4m 0.05% Reduced -29.8k -29,817
17 Kestra Investment Management, LLC 0.45% of their portfolio AUSTIN, TX 451,655451.7k $26.0m $26.0m 0.45% Added +451.6k +451,625
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 429,742429.7k $24.8m $24.8m 0.00% Reduced -554.7k -554,721
19 FIDUCIENT ADVISORS LLC 2.98% of their portfolio Chicago, IL 413,510413.5k $23.8m $23.8m 2.98% Added +44.9k +44,857
20 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 410,696410.7k $23.7m $23.7m 0.03% Added +3.8k +3,790
21 Charles Schwab Trust Co 1.94% of their portfolio HENDERSON, NV 401,248401.2k $23.1m $23.1m 1.94% Added +422 +422
22 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 397,539397.5k $22.9m $22.9m 0.01% Reduced -22.3k -22,295
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 365,180365.2k $21.0m $21.0m 0.00% Added +5.5k +5,456
24 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 333,017333.0k $19.2m $19.2m 0.04% Reduced -18.2k -18,161
25 Pacific Life Fund Advisors LLC 2.13% of their portfolio NEWPORT BEACH, CA 329,119329.1k $19.0m $19.0m 2.13% New
26 Rodgers & Associates, LTD 2.27% of their portfolio Lancaster, PA 323,477323.5k $18.6m $18.6m 2.27% Added +26.2k +26,202
27 STEPHENS INC /AR/ 0.27% of their portfolio LITTLE ROCK, AR 318,091318.1k $18.3m $18.3m 0.27% Reduced -5.1k -5,130
28 Blueprint Investment Partners LLC 3.33% of their portfolio GREENSBORO, NC 316,758316.8k $18.2m $18.2m 3.33% Added +16.4k +16,415
29 Financial & Tax Architects, LLC 4.46% of their portfolio ST LOUIS, MO 308,737308.7k $17.8m $17.8m 4.46% Added +4.0k +4,026
30 PGIM Custom Harvest LLC 0.42% of their portfolio NEWARK, NJ 308,185308.2k $17.8m $17.8m 0.42% Reduced -11.8k -11,757
31 Rockbridge Investment Management, LCC 1.89% of their portfolio Syracuse, NY 277,738277.7k $16.0m $16.0m 1.89% Added +2.6k +2,623
32 S. R. Schill & Associates 12.65% of their portfolio MERCER ISLAND, WA 275,414275.4k $15.9m $15.9m 12.65% Reduced -36.4k -36,380
33 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 262,259262.3k $15.1m $15.1m 0.03% Reduced -117.9k -117,871
34 MPS Loria Financial Planners, LLC 4.23% of their portfolio Burr Ridge, IL 247,795247.8k $14.3m $14.3m 4.23% New
35 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 221,362221.4k $12.8m $12.8m 0.00% Reduced -91.0k -90,993
36 Glenview Trust Co 0.24% of their portfolio Louisville, KY 217,828217.8k $12.5m $12.5m 0.24% Added +3.3k +3,292
37 Lido Advisors, LLC 0.07% of their portfolio Los Angeles, CA 208,465208.5k $12.0m $12.0m 0.07% Added +68.2k +68,250
38 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 206,500206.5k $11.9m $11.9m 0.01% First filing
39 Pure Financial Advisors, LLC 0.25% of their portfolio SAN DIEGO, CA 206,023206.0k $11.9m $11.9m 0.25% Reduced -10.5k -10,457
40 Biltmore Wealth Management, LLC 4.75% of their portfolio TEMPE, AZ 195,338195.3k $11.3m $11.3m 4.75% Added +214 +214
41 TECTONIC ADVISORS LLC 0.70% of their portfolio FRISCO, TX 195,216195.2k $11.2m $11.2m 0.70% Unchanged
42 Cannon Financial Strategists, Inc. 1.80% of their portfolio ATHENS, GA 182,345182.3k $10.5m $10.5m 1.80% Added +2.2k +2,156
43 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.08% of their portfolio Stamford, CT 180,699180.7k $10.4m $10.4m 0.08% Added +9.7k +9,734
44 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 175,549175.5k $10.1m $10.1m 0.03% Added +40.1k +40,073
45 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 174,823174.8k $10.1m $10.1m 0.00% Added +22.2k +22,204
46 PHILLIPS FINANCIAL MANAGEMENT, LLC 0.77% of their portfolio FORT WAYNE, IN 172,791172.8k $10.0m $10.0m 0.77% Reduced -9.2k -9,232
47 ERn Financial, LLC 1.56% of their portfolio MIDDLETON, WI 170,919170.9k $9.8m $9.8m 1.56% Reduced -15.3k -15,268
48 AXS Investments LLC 2.52% of their portfolio PORT CHESTER, NY 158,291158.3k $9.1m $9.1m 2.52% New
49 Freedom Day Solutions, LLC 2.71% of their portfolio HOUSTON, TX 153,939153.9k $8.9m $8.9m 2.71% Added +7.0k +7,033
50 Compound Planning, Inc. 0.38% of their portfolio NEW YORK, NY 145,072145.1k $8.4m $8.4m 0.38% Added +11.2k +11,231
51 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 144,456144.5k $8.3m $8.3m 0.01% Added +54.0k +53,974
52 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 135,091135.1k $7.8m $7.8m 0.02% Reduced -33.4k -33,437
53 Blueprint Financial Advisors LLC 3.91% of their portfolio GREENSBOTO, NC 125,099125.1k $7.2m $7.2m 3.91% First filing
54 Cornerstone Management, Inc. 1.33% of their portfolio DULUTH, GA 123,754123.8k $7.1m $7.1m 1.33% Reduced -8.8k -8,776
55 Quadrature Capital Ltd 0.16% of their portfolio LONDON, X0 122,093122.1k $7.0m $7.0m 0.16% Reduced -33.5k -33,475
56 Avior Wealth Management, LLC 0.26% of their portfolio OMAHA, NE 119,083119.1k $6.9m $6.9m 0.26% Added +116.8k +116,783
57 Legacy Financial Group LLC 1.03% of their portfolio DES MOINES, IA 116,643116.6k $6.7m $6.7m 1.03% Reduced -2.4k -2,428
58 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 113,002113.0k $6.5m $6.5m 0.01% Added +51.9k +51,947
59 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 108,767108.8k $6.3m $6.3m 0.01% Added +2.0k +2,006
60 Mariner, LLC 0.01% of their portfolio Overland Park, KS 101,401101.4k $5.8m $5.8m 0.01% Added +5.0k +5,048
61 Disciplina Capital Management LLC 0.83% of their portfolio NASHVILLE, TN 99,01999.0k $5.7m $5.7m 0.83% New
62 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 97,76597.8k $5.6m $5.6m 0.00% Added +11.2k +11,175
63 CoreCap Advisors, LLC 0.25% of their portfolio SOUTHFIELD, MI 97,50197.5k $5.6m $5.6m 0.25% Added +51.1k +51,064
64 CORNERSTONE PARTNERS CAPITAL MANAGEMENT, LLC 11.65% of their portfolio CHARLOTTESVILLE, VA 97,08097.1k $5.6m $5.6m 11.65% Unchanged
65 TPG Financial Advisors, LLC 2.42% of their portfolio PORTLAND, OR 95,18295.2k $5.5m $5.5m 2.42% Reduced -724 -724
66 Peak Financial Management, Inc. 1.61% of their portfolio WELLESLEY, MA 93,27893.3k $5.4m $5.4m 1.61% Added +1.7k +1,671
67 Modern Wealth Management, LLC 0.16% of their portfolio KANSAS CITY, MO 85,58485.6k $4.9m $4.9m 0.16% Reduced -2.1k -2,094
68 Bison Wealth, LLC 0.44% of their portfolio ATLANTA, GA 84,95185.0k $4.8m $4.8m 0.44% New
69 Topel & Distasi Wealth Management, LLC 2.20% of their portfolio BERKELEY, CA 81,94081.9k $4.7m $4.7m 2.20% Added +567 +567
70 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 81,62381.6k $4.7m $4.7m 0.00% Added +14.2k +14,158
71 Fund Evaluation Group, LLC 0.20% of their portfolio CINCINNATI, OH 81,33281.3k $4.7m $4.7m 0.20% Reduced -7.0k -6,983
72 CW Advisors, LLC 0.05% of their portfolio BOSTON, MA 78,95979.0k $4.5m $4.5m 0.05% Reduced -83 -83
73 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 76,37376.4k $4.4m $4.4m 0.01% Reduced -1.4k -1,409
74 MOODY NATIONAL BANK TRUST DIVISION 0.46% of their portfolio GALVESTON, TX 76,00276.0k $4.4m $4.4m 0.46% Added +26.7k +26,734
75 Rialto Wealth Management, LLC 1.37% of their portfolio SYRACUSE, NY 75,50875.5k $4.3m $4.3m 1.37% Added +15.5k +15,459
76 SUMITOMO LIFE INSURANCE CO 0.15% of their portfolio TOKYO, M0 74,30074.3k $4.3m $4.3m 0.15% Reduced -31.0k -31,000
77 Visionary Wealth Advisors 0.25% of their portfolio O'FALLON, IL 73,06173.1k $4.2m $4.2m 0.25% Added +1.1k +1,144
78 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 67,53567.5k $3.9m $3.9m 0.00% Reduced -105.4k -105,383
79 Prosperity Planning, Inc. 1.20% of their portfolio NORTH KANSAS CITY, MO 66,35866.4k $3.8m $3.8m 1.20% Reduced -117 -117
80 Waverly Advisors, LLC 0.04% of their portfolio BIRMINGHAM, AL 60,96161.0k $3.5m $3.5m 0.04% Reduced -1.9k -1,879
81 Spartan Planning & Wealth Management 3.35% of their portfolio GREENSBORO, NC 60,09160.1k $3.5m $3.5m 3.35% Reduced -6.8k -6,837
82 EARNED WEALTH ADVISORS, LLC 0.75% of their portfolio WALNUT CREEK, CA 59,13759.1k $3.4m $3.4m 0.75% New
83 Windsor Capital Management, LLC 1.03% of their portfolio Phoenix, AZ 58,38658.4k $3.4m $3.4m 1.03% Added +716 +716
84 CONGRESS ASSET MANAGEMENT CO 0.02% of their portfolio BOSTON, MA 52,89852.9k $3.0m $3.0m 0.02% Reduced -732 -732
85 U.S. Capital Wealth Advisors, LLC 0.09% of their portfolio AUSTIN, TX 52,06452.1k $3.0m $3.0m 0.09% Added +2.6k +2,557
86 Envision Financial LLC 2.14% of their portfolio BROOKFIELD, WI 49,26849.3k $2.8m $2.8m 2.14% Added +24.5k +24,452
87 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 47,85347.9k $2.7m $2.7m 0.01% Added +23.7k +23,716
88 Dogwood Wealth Management LLC 1.34% of their portfolio LENEXA, KS 44,26044.3k $2.5m $2.5m 1.34% Reduced -1.4k -1,394
89 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 43,99844.0k $2.5m $2.5m 0.01% Reduced -6.1k -6,100
90 American State Bank (Iowa) 1.53% of their portfolio SIOUX CENTER, IA 43,98944.0k $2.5m $2.5m 1.53% Added +2.2k +2,159
91 Independent Wealth Network Inc. 1.00% of their portfolio URBANDALE, IA 43,40843.4k $2.5m $2.5m 1.00% Added +969 +969
92 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 42,83742.8k $2.5m $2.5m 0.00% Added +88 +88
93 Ellenbecker Investment Group 0.43% of their portfolio WAUKESHA, WI 41,98442.0k $2.4m $2.4m 0.43% Reduced -77.3k -77,253
94 Better Money Decisions, LLC 1.60% of their portfolio Santa Fe, NM 41,51041.5k $2.4m $2.4m 1.60% New
95 CREATIVE FINANCIAL DESIGNS INC /ADV 0.19% of their portfolio KOKOMO, IN 41,27441.3k $2.4m $2.4m 0.19% Added +1.8k +1,782
96 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 41,09441.1k $2.4m $2.4m 0.02% Added +3.2k +3,175
97 WealthTrak Capital Management LLC 2.02% of their portfolio VIRGINIA BEACH, VA 40,60640.6k $2.3m $2.3m 2.02% Added +695 +695
98 Naviter Wealth, LLC 0.28% of their portfolio LITTLE ROCK, AR 40,34640.3k $2.3m $2.3m 0.28% Added +8.4k +8,450
99 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 40,05940.1k $2.3m $2.3m 0.00% Added +3.0k +3,050
100 SECURIAN ASSET MANAGEMENT, INC 0.07% of their portfolio ST PAUL, MN 38,70338.7k $2.2m $2.2m 0.07% Unchanged