Vault-13

ISHARES TR USRT

CRE U S REIT ETF · ETP · CUSIP 464288521

370 institutional holders -9 vs Q1 2025
33,172,82133.2m shares reported held*
$1.9bnreported value*
31 new 140 added 126 reduced 40 sold out net bought ≈ $26.7m (+472.0k 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 ($5.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $56.58.

Trends to Q2 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: 379Q2 25: 370370Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025370

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 142 bought or addedQ3 23: 151 cut or sold outQ4 23: 161 bought or addedQ4 23: 143 cut or sold outQ4 23Q1 24: 144 bought or addedQ1 24: 165 cut or sold outQ2 24: 148 bought or addedQ2 24: 143 cut or sold outQ2 24Q3 24: 172 bought or addedQ3 24: 150 cut or sold outQ4 24: 176 bought or addedQ4 24: 153 cut or sold outQ4 24Q1 25: 177 bought or addedQ1 25: 161 cut or sold outQ2 25: 171 bought or addedQ2 25: 166 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023142151
Q4 2023161143
Q1 2024144165
Q2 2024148143
Q3 2024172150
Q4 2024176153
Q1 2025177161
Q2 2025171166

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ3 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 1.00Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$92.4k$24.6k0.27
Q4 2024$630.4k$11.5k0.02
Q1 2025$5.8k$5.8k1.00
Q2 2025$0$0—

Biggest buyers

Disciplina Capital Management LLC Added +566,899+566.9k
Cerity Partners LLC Added +506,314+506.3k
BlackRock, Inc. Added +267,217+267.2k
MORGAN STANLEY Added +116,170+116.2k
MOODY NATIONAL BANK TRUST DIVISION Added +105,578+105.6k
UBS Group AG Added +97,283+97.3k
AlphaStar Capital Management, LLC New +89,420+89.4k
LPL Financial LLC Added +85,596+85.6k
MML INVESTORS SERVICES, LLC Added +75,407+75.4k
Rockefeller Capital Management L.P. Added +73,525+73.5k

Biggest sellers

Thrivent Financial for Lutherans Reduced -459,173-459.2k
Financial & Tax Architects, LLC Sold out -308,737-308.7k
Blueprint Investment Partners LLC Reduced -182,206-182.2k
BANK OF AMERICA CORP /DE/ Reduced -150,001-150.0k
Quadrature Capital Ltd Reduced -113,302-113.3k
CITADEL ADVISORS LLC Sold out -113,002-113.0k
Bison Wealth, LLC Sold out -84,951-85.0k
BNP PARIBAS FINANCIAL MARKETS Reduced -84,000-84.0k
Apollon Wealth Management, LLC Reduced -67,459-67.5k
US BANCORP \DE\ Reduced -64,077-64.1k

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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 4,175,0404.2m $236.1m $236.1m 0.00% Added +267.2k +267,217
2 US BANCORP \DE\ 0.20% of their portfolio MINNEAPOLIS, MN 2,852,1262.9m $161.3m $161.3m 0.20% Reduced -64.1k -64,077
3 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.07% of their portfolio MILWAUKEE, WI 1,602,8461.6m $90.7m $90.7m 0.07% Added +69.5k +69,516
4 Glenmede Investment Management, LP 0.46% of their portfolio PHILADELPHIA, PA 1,597,2931.6m $90.3m $90.3m 0.46% First filing
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,068,7381.1m $60.4m $60.4m 0.00% Added +116.2k +116,170
6 Trust Co of Tennessee 13.14% of their portfolio KNOXVILLE, TN 996,933996.9k $56.4m $56.4m 13.14% Added +4.6k +4,613
7 Johns Hopkins University 2.59% of their portfolio BALTIMORE, MD 868,007868.0k $49.1m $49.1m 2.59% Unchanged
8 Cerity Partners LLC 0.08% of their portfolio NEW YORK, NY 839,331839.3k $47.5m $47.5m 0.08% Added +506.3k +506,314
9 Heritage Financial Services, LLC 4.02% of their portfolio Westwood, MA 738,880738.9k $41.8m $41.8m 4.02% Added +10.9k +10,948
10 Disciplina Capital Management LLC 4.76% of their portfolio NASHVILLE, TN 665,918665.9k $37.7m $37.7m 4.76% Added +566.9k +566,899
11 Corient Private Wealth LP 0.05% of their portfolio MIAMI, FL 659,176659.2k $37.3m $37.3m 0.05% Reduced -9.5k -9,507
12 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 631,332631.3k $35.7m $35.7m 0.01% Added +85.6k +85,596
13 MISSION WEALTH MANAGEMENT, LP 0.63% of their portfolio Santa Barbara, CA 512,429512.4k $29.0m $29.0m 0.63% Reduced -4.5k -4,468
14 Apollon Wealth Management, LLC 0.57% of their portfolio MOUNT PLEASANT, SC 511,089511.1k $28.9m $28.9m 0.57% Reduced -67.5k -67,459
15 CHOREO, LLC 0.40% of their portfolio ROCKFORD, IL 510,497510.5k $28.9m $28.9m 0.40% Reduced -42.0k -42,026
16 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.05% of their portfolio PLYMOUTH, MN 495,503495.5k $28.3m $28.3m 0.05% Added +1.7k +1,721
17 Kestra Investment Management, LLC 0.42% of their portfolio AUSTIN, TX 474,531474.5k $27.1m $27.1m 0.42% Added +22.9k +22,876
18 UBS Group AG 0.01% of their portfolio ZURICH, V8 462,463462.5k $26.2m $26.2m 0.01% Added +97.3k +97,283
19 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 459,255459.3k $26.0m $26.0m 0.01% Added +61.7k +61,716
20 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 429,265429.3k $24.3m $24.3m 0.03% Added +18.6k +18,569
21 Charles Schwab Trust Co 1.81% of their portfolio HENDERSON, NV 426,521426.5k $24.1m $24.1m 1.81% Added +25.3k +25,273
22 FIDUCIENT ADVISORS LLC 2.80% of their portfolio Chicago, IL 403,909403.9k $22.8m $22.8m 2.80% Reduced -9.6k -9,601
23 Pacific Life Fund Advisors LLC 2.23% of their portfolio NEWPORT BEACH, CA 368,099368.1k $20.8m $20.8m 2.23% Added +39.0k +38,980
24 Rodgers & Associates, LTD 2.10% of their portfolio Lancaster, PA 337,807337.8k $19.1m $19.1m 2.10% Added +14.3k +14,330
25 STEPHENS INC /AR/ 0.25% of their portfolio LITTLE ROCK, AR 318,723318.7k $18.0m $18.0m 0.25% Added +632 +632
26 PGIM Custom Harvest LLC 0.36% of their portfolio NEWARK, NJ 310,212310.2k $17.5m $17.5m 0.36% Added +2.0k +2,027
27 S. R. Schill & Associates 11.84% of their portfolio MERCER ISLAND, WA 284,106284.1k $16.1m $16.1m 11.84% Added +8.7k +8,692
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 279,741279.7k $15.8m $15.8m 0.00% Reduced -150.0k -150,001
29 Rockbridge Investment Management, LCC 1.61% of their portfolio Syracuse, NY 264,940264.9k $15.0m $15.0m 1.61% Reduced -12.8k -12,798
30 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 264,058264.1k $14.9m $14.9m 0.03% Added +1.8k +1,799
31 MPS Loria Financial Planners, LLC 4.00% of their portfolio Burr Ridge, IL 240,396240.4k $13.6m $13.6m 4.00% Reduced -7.4k -7,399
32 Pure Financial Advisors, LLC 0.23% of their portfolio SAN DIEGO, CA 235,741235.7k $13.3m $13.3m 0.23% Added +29.7k +29,718
33 Lido Advisors, LLC 0.07% of their portfolio Los Angeles, CA 229,649229.6k $13.0m $13.0m 0.07% Added +21.2k +21,184
34 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 218,410218.4k $12.4m $12.4m 0.00% Added +43.6k +43,587
35 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 208,591208.6k $11.8m $11.8m 0.03% Added +33.0k +33,042
36 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 208,052208.1k $11.8m $11.8m 0.00% Reduced -13.3k -13,310
37 Biltmore Wealth Management, LLC 4.55% of their portfolio TEMPE, AZ 198,789198.8k $11.2m $11.2m 4.55% Added +3.5k +3,451
38 Glenview Trust Co 0.19% of their portfolio Louisville, KY 197,182197.2k $11.2m $11.2m 0.19% Reduced -20.6k -20,646
39 TECTONIC ADVISORS LLC 0.64% of their portfolio FRISCO, TX 195,306195.3k $11.0m $11.0m 0.64% Added +90 +90
40 MOODY NATIONAL BANK TRUST DIVISION 0.94% of their portfolio GALVESTON, TX 181,580181.6k $10.3m $10.3m 0.94% Added +105.6k +105,578
41 Cannon Financial Strategists, Inc. 1.62% of their portfolio ATHENS, GA 181,435181.4k $10.3m $10.3m 1.62% Reduced -910 -910
42 PHILLIPS FINANCIAL MANAGEMENT, LLC 0.69% of their portfolio FORT WAYNE, IN 169,245169.2k $9.6m $9.6m 0.69% Reduced -3.5k -3,546
43 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.06% of their portfolio Stamford, CT 158,978159.0k $9.0m $9.0m 0.06% Reduced -21.7k -21,721
44 ERn Financial, LLC 1.89% of their portfolio MIDDLETON, WI 158,520158.5k $9.0m $9.0m 1.89% Reduced -12.4k -12,399
45 Avior Wealth Management, LLC 0.30% of their portfolio OMAHA, NE 154,836154.8k $8.8m $8.8m 0.30% Added +35.8k +35,753
46 Freedom Day Solutions, LLC 2.54% of their portfolio HOUSTON, TX 151,094151.1k $8.5m $8.5m 2.54% Reduced -2.8k -2,845
47 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 149,898149.9k $8.5m $8.5m 0.01% Added +73.5k +73,525
48 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 147,716147.7k $8.4m $8.4m 0.01% Added +12.6k +12,625
49 Compound Planning, Inc. 0.31% of their portfolio NEW YORK, NY 145,460145.5k $8.2m $8.2m 0.31% Added +388 +388
50 Blueprint Investment Partners LLC 1.35% of their portfolio GREENSBORO, NC 134,552134.6k $7.6m $7.6m 1.35% Reduced -182.2k -182,206
51 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 129,551129.6k $7.3m $7.3m 0.01% Reduced -14.9k -14,905
52 Cornerstone Management, Inc. 1.24% of their portfolio DULUTH, GA 126,627126.6k $7.2m $7.2m 1.24% Added +2.9k +2,873
53 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 122,500122.5k $6.9m $6.9m 0.01% Reduced -84.0k -84,000
54 Legacy Financial Group LLC 0.93% of their portfolio DES MOINES, IA 118,102118.1k $6.7m $6.7m 0.93% Added +1.5k +1,459
55 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 106,061106.1k $6.0m $6.0m 0.01% Reduced -2.7k -2,706
56 TPG Financial Advisors, LLC 2.36% of their portfolio PORTLAND, OR 104,203104.2k $5.9m $5.9m 2.36% Added +9.0k +9,021
57 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 103,500103.5k $5.9m $5.9m 0.01% Reduced -459.2k -459,173
58 Mariner, LLC 0.01% of their portfolio Overland Park, KS 99,84999.8k $5.6m $5.6m 0.01% Reduced -1.6k -1,552
59 AXS Investments LLC 2.30% of their portfolio PORT CHESTER, NY 99,00099.0k $5.6m $5.6m 2.30% Reduced -59.3k -59,291
60 CORNERSTONE PARTNERS CAPITAL MANAGEMENT, LLC 16.45% of their portfolio CHARLOTTESVILLE, VA 97,08097.1k $5.5m $5.5m 16.45% Unchanged
61 Peak Financial Management, Inc. 1.52% of their portfolio WELLESLEY, MA 94,71894.7k $5.4m $5.4m 1.52% Added +1.4k +1,440
62 AlphaStar Capital Management, LLC 0.36% of their portfolio CORNELIUS, NC 89,42089.4k $5.1m $5.1m 0.36% New
63 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 87,66687.7k $5.0m $5.0m 0.01% Added +75.4k +75,407
64 Rialto Wealth Management, LLC 1.32% of their portfolio SYRACUSE, NY 83,31483.3k $4.7m $4.7m 1.32% Added +7.8k +7,806
65 Fund Evaluation Group, LLC 0.18% of their portfolio CINCINNATI, OH 81,33281.3k $4.6m $4.6m 0.18% Unchanged
66 Modern Wealth Management, LLC 0.11% of their portfolio KANSAS CITY, MO 80,75480.8k $4.6m $4.6m 0.11% Reduced -4.8k -4,830
67 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 78,86578.9k $4.5m $4.5m 0.00% Reduced -2.8k -2,758
68 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 77,65877.7k $4.4m $4.4m 0.00% Reduced -20.1k -20,107
69 Visionary Wealth Advisors 0.21% of their portfolio O'FALLON, IL 73,73073.7k $4.2m $4.2m 0.21% Added +669 +669
70 CW Advisors, LLC 0.04% of their portfolio BOSTON, MA 71,83971.8k $4.1m $4.1m 0.04% Reduced -7.1k -7,120
71 Topel & Distasi Wealth Management, LLC 2.12% of their portfolio BERKELEY, CA 71,35271.4k $4.0m $4.0m 2.12% Reduced -10.6k -10,588
72 Blueprint Financial Advisors LLC 1.29% of their portfolio GREENSBOTO, NC 71,16771.2k $4.0m $4.0m 1.29% Reduced -53.9k -53,932
73 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 70,73370.7k $4.0m $4.0m 0.01% Added +42.5k +42,538
74 EARNED WEALTH ADVISORS, LLC 0.76% of their portfolio WALNUT CREEK, CA 68,50768.5k $3.9m $3.9m 0.76% Added +9.4k +9,370
75 Prosperity Planning, Inc. 1.10% of their portfolio NORTH KANSAS CITY, MO 67,53867.5k $3.8m $3.8m 1.10% Added +1.2k +1,180
76 CoreCap Advisors, LLC 0.14% of their portfolio SOUTHFIELD, MI 62,25862.3k $3.5m $3.5m 0.14% Reduced -35.2k -35,243
77 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 60,93860.9k $3.4m $3.4m 0.00% Added +18.1k +18,101
78 Windsor Capital Management, LLC 1.00% of their portfolio Phoenix, AZ 60,36860.4k $3.4m $3.4m 1.00% Added +2.0k +1,982
79 Waverly Advisors, LLC 0.04% of their portfolio BIRMINGHAM, AL 59,04459.0k $3.3m $3.3m 0.04% Reduced -1.9k -1,917
80 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 54,67054.7k $3.1m $3.1m 0.00% Reduced -12.9k -12,865
81 U.S. Capital Wealth Advisors, LLC 0.09% of their portfolio AUSTIN, TX 52,69352.7k $3.0m $3.0m 0.09% Added +629 +629
82 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 50,78750.8k $2.9m $2.9m 0.00% New
83 Envision Financial LLC 1.90% of their portfolio BROOKFIELD, WI 50,31550.3k $2.8m $2.8m 1.90% Added +1.0k +1,047
84 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 50,00050.0k $2.8m $2.8m 0.01% New
85 Stamos Capital Partners, L.P. 0.50% of their portfolio Menlo Park, CA 49,18049.2k $2.8m $2.8m 0.50% Added +19.2k +19,171
86 CONGRESS ASSET MANAGEMENT CO 0.02% of their portfolio BOSTON, MA 48,52548.5k $2.7m $2.7m 0.02% Reduced -4.4k -4,373
87 SUMITOMO LIFE INSURANCE CO 0.18% of their portfolio TOKYO, M0 48,00048.0k $2.7m $2.7m 0.18% Reduced -26.3k -26,300
88 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 47,37047.4k $2.7m $2.7m 0.00% Added +7.3k +7,311
89 Millington Financial Advisors, LLC 1.36% of their portfolio NAPERVILLE, IL 46,38746.4k $2.7m $2.7m 1.36% Added +17.7k +17,737
90 CREATIVE FINANCIAL DESIGNS INC /ADV 0.18% of their portfolio KOKOMO, IN 44,38844.4k $2.5m $2.5m 0.18% Added +3.1k +3,114
91 Independent Wealth Network Inc. 0.91% of their portfolio URBANDALE, IA 44,22644.2k $2.5m $2.5m 0.91% Added +818 +818
92 Better Money Decisions, LLC 1.49% of their portfolio Santa Fe, NM 43,25543.3k $2.4m $2.4m 1.49% Added +1.7k +1,745
93 Vise Technologies, Inc. 0.10% of their portfolio NEW YORK, NY 43,17243.2k $2.4m $2.4m 0.10% First filing
94 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 41,63641.6k $2.4m $2.4m 0.01% Added +542 +542
95 Dogwood Wealth Management LLC 1.13% of their portfolio LENEXA, KS 41,03741.0k $2.3m $2.3m 1.13% Reduced -3.2k -3,223
96 WealthTrak Capital Management LLC 1.92% of their portfolio VIRGINIA BEACH, VA 40,70740.7k $2.3m $2.3m 1.92% Added +101 +101
97 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 38,06138.1k $2.2m $2.2m 0.01% Added +6.1k +6,056
98 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 37,75837.8k $2.1m $2.1m 0.02% Added +4.7k +4,672
99 Keystone Financial Group, Inc. 1.37% of their portfolio ATLANTA, GA 37,70837.7k $2.1m $2.1m 1.37% Added +4.4k +4,374
100 Comprehensive Money Management Services LLC 1.58% of their portfolio CORAL GABLES, FL 36,84036.8k $2.1m $2.1m 1.58% Added +866 +866