Vault-13

ISHARES TR MBB

MBS ETF · ETP · CUSIP 464288588

750 institutional holders -7 vs Q4 2022
252,542,048252.5m shares reported held*
$24.0bnreported value*
81 new 382 added 193 reduced 81 sold out net bought ≈ $1.9bn (+19.8m 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 ($17.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $94.92. Options: 6 managers hold calls ($17.3m notional), 3 hold puts ($6.6m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 687Q4 22: 757Q1 23: 750750Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022687
Q4 2022757
Q1 2023750

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q4 22: 428 bought or addedQ4 22: 284 cut or sold outQ4 22Q1 23: 463 bought or addedQ1 23: 274 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022428284
Q1 2023463274

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ3 22 calls: $211.3mQ3 22 puts: $54.8mQ3 22P/C 0.26Q4 22 calls: $7.0mQ4 22 puts: $11.6mQ4 22P/C 1.66Q1 23 calls: $17.3mQ1 23 puts: $6.6mQ1 23P/C 0.38
Numbers
QuarterCallsPutsP/C
Q3 2022$211.3m$54.8m0.26
Q4 2022$7.0m$11.6m1.66
Q1 2023$17.3m$6.6m0.38

Biggest buyers

LPL Financial LLC Added +9,833,647+9.8m
ENVESTNET ASSET MANAGEMENT INC Added +4,628,420+4.6m
BlackRock Inc. Added +2,354,312+2.4m
FMR LLC Added +1,537,443+1.5m
Ocean Park Asset Management, LLC New +1,300,800+1.3m
CWM, LLC Added +1,162,118+1.2m
PRINCIPAL FINANCIAL GROUP INC Added +956,759+956.8k
TIAA, FSB Added +811,656+811.7k
RAYMOND JAMES & ASSOCIATES Added +795,237+795.2k
WELLS FARGO & COMPANY/MN Added +789,442+789.4k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -10,480,416-10.5m
Money Design Co.,Ltd. Reduced -691,596-691.6k
Chiron Investment Management, LLC Sold out -386,888-386.9k
HRT FINANCIAL LP Reduced -341,455-341.5k
Horizon Investments, LLC Reduced -340,954-341.0k
BARCLAYS PLC Sold out -300,000-300.0k
Municipal Employees' Retirement System of Michigan Reduced -260,086-260.1k
Cresset Asset Management, LLC Reduced -255,155-255.2k
JANE STREET GROUP, LLC Reduced -247,375-247.4k
ASSETMARK, INC Reduced -246,297-246.3k

Biggest calls

CITADEL ADVISORS LLC Added $5.8m61.3k shares
WOLVERINE TRADING, LLC New $5.6m59.3k shares
Nishkama Capital, LLC New $3.7m39.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.1m22.2k shares
HAP Trading, LLC New $64.0k126.1k shares
Cutler Group LLC / CA Added $3.0k10.6k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $4.5m47.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.3m13.2k shares
WOLVERINE TRADING, LLC New $841.0k8.9k 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.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.67% of their portfolio CHARLOTTE, NC 61,723,49461.7m $5.8bn $5.8bn 0.67% Reduced -10.5m -10,480,416
2 ENVESTNET ASSET MANAGEMENT INC 1.34% of their portfolio Berwyn, PA 29,377,05529.4m $2.8bn $2.8bn 1.34% Added +4.6m +4,628,420
3 JPMORGAN CHASE & CO 0.28% of their portfolio NEW YORK, NY 22,980,59323.0m $2.2bn $2.2bn 0.28% Added +259.9k +259,867
4 LPL Financial LLC 1.20% of their portfolio FORT MILL, SC 16,195,27016.2m $1.5bn $1.5bn 1.20% Added +9.8m +9,833,647
5 AMERIPRISE FINANCIAL INC 0.34% of their portfolio MINNEAPOLIS, MN 10,827,50910.8m $1.0bn $1.0bn 0.34% Added +503.9k +503,878
6 MORGAN STANLEY 0.08% of their portfolio NEW YORK, NY 7,700,6637.7m $729.5m $729.5m 0.08% Added +529.7k +529,695
7 BlackRock Inc. 0.01% of their portfolio New York, NY 4,544,8874.5m $430.5m $430.5m 0.01% Added +2.4m +2,354,312
8 Charles Schwab Investment Advisory, Inc. 0.68% of their portfolio SAN FRANCISCO, CA 4,524,5714.5m $428.6m $428.6m 0.68% Added +15.7k +15,708
9 CWM, LLC 2.13% of their portfolio OMAHA, NE 3,328,9373.3m $315.4m $315.4m 2.13% Added +1.2m +1,162,118
10 TRUIST FINANCIAL CORP 0.52% of their portfolio CHARLOTTE, NC 3,192,5253.2m $302.4m $302.4m 0.52% Reduced -57.1k -57,085
11 TIAA, FSB 1.09% of their portfolio ST. LOUIS, MO 3,094,9863.1m $293.2m $293.2m 1.09% Added +811.7k +811,656
12 WELLS FARGO & COMPANY/MN 0.08% of their portfolio SAN FRANCISCO, CA 2,832,1192.8m $268.3m $268.3m 0.08% Added +789.4k +789,442
13 Richard Bernstein Advisors LLC 5.64% of their portfolio NEW YORK, NY 2,808,2352.8m $266.0m $266.0m 5.64% Added +146.0k +145,952
14 STIFEL FINANCIAL CORP 0.38% of their portfolio ST. LOUIS, MO 2,786,7312.8m $264.0m $264.0m 0.38% Added +165.1k +165,146
15 OSAIC HOLDINGS, INC. 0.47% of their portfolio SCOTTSDALE, AZ 2,652,7892.7m $251.4m $251.4m 0.47% Added +457.1k +457,070
16 Allworth Financial LP 2.32% of their portfolio FOLSOM, CA 2,440,2662.4m $231.2m $231.2m 2.32% Added +148.2k +148,213
17 ROYAL BANK OF CANADA 0.06% of their portfolio TORONTO, A6 2,214,8192.2m $209.8m $209.8m 0.06% Reduced -36.4k -36,416
18 State of Tennessee, Department of Treasury 0.91% of their portfolio NASHVILLE, TN 2,166,7002.2m $205.3m $205.3m 0.91% Unchanged
19 UNITED CAPITAL FINANCIAL ADVISORS, LLC 1.07% of their portfolio IRVING, TX 2,024,2412.0m $191.8m $191.8m 1.07% Reduced -9.8k -9,822
20 Bank of New York Mellon Corp 0.04% of their portfolio NEW YORK, NY 1,884,8691.9m $178.6m $178.6m 0.04% Added +86.4k +86,354
21 PFS INVESTMENTS INC. 3.03% of their portfolio DULUTH, GA 1,828,3861.8m $174.6m $174.6m 3.03% Added +322.8k +322,843
22 PARK AVENUE SECURITIES LLC 2.87% of their portfolio NEW YORK, NY 1,761,7311.8m $166.9m $166.9m 2.87% Added +357.8k +357,833
23 FMR LLC 0.01% of their portfolio BOSTON, MA 1,756,7381.8m $166.4m $166.4m 0.01% Added +1.5m +1,537,443
24 Janney Montgomery Scott LLC 0.63% of their portfolio PHILADELPHIA, PA 1,623,6781.6m $153.8m $153.8m 0.63% Added +418.0k +418,021
25 UBS Group AG 0.07% of their portfolio ZURICH, V8 1,584,4071.6m $150.1m $150.1m 0.07% Added +37.6k +37,630
26 Bridgewater Associates, LP 0.85% of their portfolio Westport, CT 1,472,6001.5m $139.5m $139.5m 0.85% Reduced -19.4k -19,400
27 RAYMOND JAMES & ASSOCIATES 0.12% of their portfolio ST PETERSBURG, FL 1,427,1801.4m $135.2m $135.2m 0.12% Added +795.2k +795,237
28 Blue Trust, Inc. 2.16% of their portfolio BRENTWOOD, TN 1,418,7171.4m $131.6m $131.6m 2.16% Added +162.9k +162,942
29 Ocean Park Asset Management, LLC 11.52% of their portfolio SANTA MONICA, CA 1,300,8001.3m $123.2m $123.2m 11.52% New
30 HANCOCK WHITNEY CORP 4.66% of their portfolio GULFPORT, MS 1,225,1511.2m $116.1m $116.1m 4.66% Added +140.1k +140,111
31 MML INVESTORS SERVICES, LLC 0.77% of their portfolio SPRINGFIELD, MA 1,150,5101.2m $109.0m $109.0m 0.77% Added +173.0k +172,983
32 Asset Management One Co., Ltd. 0.45% of their portfolio TOKYO, M0 1,039,6931.0m $98.5m $98.5m 0.45% Added +166.9k +166,908
33 Connectus Wealth, LLC 2.28% of their portfolio CINCINNATI, OH 978,048978.0k $92.7m $92.7m 2.28% Added +181.1k +181,133
34 Cetera Investment Advisers 0.81% of their portfolio SCHAUMBURG, IL 975,011975.0k $92.4m $92.4m 0.81% Added +103.9k +103,946
35 PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio DES MOINES, IA 961,961962.0k $91.1m $91.1m 0.07% Added +956.8k +956,759
36 OneDigital Investment Advisors LLC 2.02% of their portfolio OVERLAND PARK, KS 911,391911.4k $86.3m $86.3m 2.02% Added +560.5k +560,455
37 Money Design Co.,Ltd. 4.55% of their portfolio TOKYO, M0 813,364813.4k $77.0m $77.0m 4.55% Reduced -691.6k -691,596
38 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 763,107763.1k $80.8m $80.8m 0.03% Added +626.9k +626,876
39 RiverFront Investment Group, LLC 2.06% of their portfolio RICHMOND, VA 616,620616.6k $58.4m $58.4m 2.06% Added +23.3k +23,313
40 Haverford Trust Co 0.68% of their portfolio Radnor, PA 603,548603.5k $57.2m $57.2m 0.68% Reduced -1.5k -1,537
41 COMMONWEALTH EQUITY SERVICES, LLC 0.12% of their portfolio WALTHAM, MA 597,090597.1k $56.6m $56.6m 0.12% Added +154.1k +154,101
42 Sensible Financial Planning & Management, LLC. 13.26% of their portfolio WALTHAM, MA 593,111593.1k $56.2m $56.2m 13.26% Added +2.8k +2,801
43 EVOKE WEALTH, LLC 2.05% of their portfolio Los Angeles, CA 592,883592.9k $56.2m $56.2m 2.05% Reduced -5.3k -5,331
44 Horizon Investments, LLC 1.58% of their portfolio Charlotte, NC 567,791567.8k $53.5m $53.5m 1.58% Reduced -341.0k -340,954
45 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 554,892554.9k $52.6m $52.6m 0.02% Added +30.4k +30,414
46 Korea Investment CORP 0.14% of their portfolio SEOUL, M5 500,000500.0k $47.4m $47.4m 0.14% Unchanged
47 Cetera Advisor Networks LLC 0.35% of their portfolio EL SEGUNDO, CA 497,637497.6k $47.1m $47.1m 0.35% Added +55.7k +55,651
48 ASSETMARK, INC 0.19% of their portfolio CONCORD, CA 497,222497.2k $47.1m $47.1m 0.19% Reduced -246.3k -246,297
49 Avidian Wealth Enterprises, LLC 2.54% of their portfolio Houston, TX 487,550487.6k $46.2m $46.2m 2.54% Reduced -15.0k -15,022
50 WEALTHSOURCE PARTNERS, LLC 3.10% of their portfolio SAN LUIS OBISPO, CA 483,985484.0k $45.8m $45.8m 3.10% Added +89.5k +89,507
51 Mirae Asset Global Investments Co., Ltd. 0.10% of their portfolio SEOUL, M5 467,559467.6k $44.3m $44.3m 0.10% Added +37.1k +37,085
52 CreativeOne Wealth, LLC 2.12% of their portfolio OVERLAND PARK, KS 453,062453.1k $42.9m $42.9m 2.12% Added +71.3k +71,272
53 ROCKLAND TRUST CO 2.58% of their portfolio HANOVER, MA 433,018433.0k $41.0m $41.0m 2.58% Added +9.5k +9,497
54 Capital Investment Advisors, LLC 1.18% of their portfolio ATLANTA, GA 423,329423.3k $40.1m $40.1m 1.18% Reduced -7.5k -7,495
55 Fisher Asset Management, LLC 0.02% of their portfolio PLANO, TX 412,380412.4k $39.1m $39.1m 0.02% Reduced -152.7k -152,713
56 CIBC Asset Management Inc 0.16% of their portfolio TORONTO, Z4 408,357408.4k $38.7m $38.7m 0.16% Added +168.0k +168,012
57 Mitsubishi UFJ Trust & Banking Corp 0.09% of their portfolio TOKYO, M0 401,912401.9k $38.1m $38.1m 0.09% Added +52.4k +52,420
58 JB Capital LLC 3.37% of their portfolio WETHERSFIELD, CT 389,729389.7k $36.9m $36.9m 3.37% Added +72.1k +72,102
59 CONNING INC. 1.23% of their portfolio HARTFORD, CT 387,672387.7k $36.7m $36.7m 1.23% Unchanged
60 KB FINANCIAL PARTNERS, LLC 10.15% of their portfolio PRINCETON, NJ 364,654364.7k $34.5m $34.5m 10.15% Added +355.7k +355,696
61 Park Avenue Institutional Advisers LLC 45.96% of their portfolio New York, NY 359,000359.0k $34.0m $34.0m 45.96% Added +305.0k +305,000
62 AE Wealth Management LLC 0.22% of their portfolio TOPEKA, KS 352,811352.8k $33.4m $33.4m 0.22% Added +43.5k +43,463
63 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 341,044341.0k $32.3m $32.3m 0.03% Added +10.0k +9,993
64 Zurich Insurance Group Ltd/FI 0.40% of their portfolio ZURICH, V8 338,060338.1k $32.0m $32.0m 0.40% Unchanged
65 SEI INVESTMENTS CO 0.06% of their portfolio OAKS, PA 334,331334.3k $31.7m $31.7m 0.06% Reduced -4.7k -4,721
66 Atria Wealth Solutions, Inc. 0.47% of their portfolio NEW YORK, NY 332,347332.3k $31.5m $31.5m 0.47% Added +74.5k +74,479
67 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.97% of their portfolio TOKYO, M0 324,949324.9k $30.8m $30.8m 0.97% Added +9.1k +9,145
68 Raymond James Financial Services Advisors, Inc. 0.06% of their portfolio ST. PETERSBURG, FL 317,399317.4k $30.1m $30.1m 0.06% Reduced -8.5k -8,533
69 Cetera Advisors LLC 0.47% of their portfolio DENVER, CO 299,295299.3k $28.4m $28.4m 0.47% Added +66.2k +66,222
70 PRUDENTIAL FINANCIAL INC 0.05% of their portfolio NEWARK, NJ 297,613297.6k $29.2m $29.2m 0.05% Added +118.3k +118,301
71 Wealthcare Advisory Partners LLC 1.18% of their portfolio WEST CHESTER, PA 290,528290.5k $27.5m $27.5m 1.18% Added +22.5k +22,453
72 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 289,518289.5k $27.4m $27.4m 0.01% Added +3.0k +3,006
73 US BANCORP \DE\ 0.05% of their portfolio MINNEAPOLIS, MN 285,102285.1k $27.0m $27.0m 0.05% Added +34.9k +34,929
74 Willis Johnson & Associates, Inc. 3.15% of their portfolio Houston, TX 279,714279.7k $26.5m $26.5m 3.15% Added +13.6k +13,602
75 Municipal Employees' Retirement System of Michigan 0.40% of their portfolio LANSING, MI 275,509275.5k $26.1m $26.1m 0.40% Reduced -260.1k -260,086
76 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 273,050273.1k $25.9m $25.9m 0.04% Added +245.6k +245,585
77 Composition Wealth, LLC 0.83% of their portfolio LOS ANGELES, CA 272,068272.1k $25.8m $25.8m 0.83% Added +3.7k +3,695
78 Strategic Wealth Partners, Ltd. 3.92% of their portfolio INDEPENDENCE, OH 269,662269.7k $25.5m $25.5m 3.92% Added +58.1k +58,104
79 Allspring Global Investments Holdings, LLC 0.04% of their portfolio CHARLOTTE, NC 260,664260.7k $24.7m $24.7m 0.04% Added +3.6k +3,605
80 Avalon Investment & Advisory 0.67% of their portfolio HOUSTON, TX 256,687256.7k $24.3m $24.3m 0.67% Added +50.6k +50,584
81 Horst & Graben Wealth Management LLC 6.02% of their portfolio PORTLAND, OR 256,371256.4k $24.3m $24.3m 6.02% Added +57.4k +57,366
82 Cambridge Investment Research Advisors, Inc. 0.12% of their portfolio FAIRFIELD, IA 254,414254.4k $24.1m $24.1m 0.12% Added +84.4k +84,445
83 Galvin, Gaustad & Stein, LLC 2.37% of their portfolio Scottsdale, AZ 254,124254.1k $24.1m $24.1m 2.37% Added +33.0k +33,026
84 KEYBANK NATIONAL ASSOCIATION/OH 0.11% of their portfolio BROOKLYN, OH 253,530253.5k $24.0m $24.0m 0.11% Reduced -29.6k -29,588
85 Foundations Investment Advisors, LLC 0.82% of their portfolio PHOENIX, AZ 242,694242.7k $23.0m $23.0m 0.82% Added +127.8k +127,834
86 Atria Investments, Inc 0.42% of their portfolio Charlotte, NC 235,071235.1k $22.3m $22.3m 0.42% Added +39.0k +38,984
87 Betterment LLC 0.07% of their portfolio NEW YORK, NY 233,130233.1k $22.1m $22.1m 0.07% Reduced -12.5k -12,535
88 RKL Wealth Management LLC 2.72% of their portfolio LANCASTER, PA 227,544227.5k $21.6m $21.6m 2.72% Added +8.4k +8,415
89 STATE OF MICHIGAN RETIREMENT SYSTEM 0.14% of their portfolio EAST LANSING, MI 225,800225.8k $21.4m $21.4m 0.14% Unchanged
90 CI INVESTMENTS INC. 0.10% of their portfolio TORONTO, Z4 219,383219.4k $20.8m $20.8m 0.10% Unchanged
91 Insight Wealth Strategies, LLC 4.01% of their portfolio SAN RAMON, CA 215,834215.8k $20.4m $20.4m 4.01% Reduced -8.2k -8,214
92 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 211,559211.6k $20.0m $20.0m 0.03% Reduced -247.4k -247,375
93 NewEdge Advisors, LLC 0.25% of their portfolio NEW ORLEANS, LA 211,465211.5k $20.0m $20.0m 0.25% Added +35.6k +35,576
94 Brookstone Capital Management 0.38% of their portfolio WHEATON, IL 208,706208.7k $19.6m $19.6m 0.38% Added +13.8k +13,795
95 Thrivent Financial for Lutherans 0.05% of their portfolio Minneapolis, MN 206,627206.6k $19.5m $19.5m 0.05% Reduced -146.2k -146,152
96 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 1.50% of their portfolio BIRMINGHAM, AL 204,081204.1k $19.3m $19.3m 1.50% Added +59.6k +59,623
97 SteelPeak Wealth, LLC 1.31% of their portfolio WOODLAND HILLS, CA 203,351203.4k $19.3m $19.3m 1.31% Added +59.5k +59,476
98 BerganKDV Wealth Management, LLC 1.96% of their portfolio BLOOMINGTON, MN 200,465200.5k $19.0m $19.0m 1.96% Added +4.4k +4,364
99 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 200,416200.4k $19.0m $19.0m 0.02% Added +302 +302
100 Tortoise Investment Management, LLC 2.97% of their portfolio WHITE PLAINS, NY 196,579196.6k $18.6m $18.6m 2.97% Added +33.4k +33,445