Vault-13

ISHARES TR MBB

MBS ETF · ETP · CUSIP 464288588

867 institutional holders +98 vs Q3 2023
319,632,562319.6m shares reported held*
$30.1bnreported value*
108 new 322 added 291 reduced 69 sold out net bought ≈ $4.2bn (+44.3m 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 ($27.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $94.25. Options: 6 managers hold calls ($70.2m notional), 5 hold puts ($30.4m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 687Q4 22: 757Q1 23: 750Q2 23: 785Q3 23: 769Q4 23: 867867Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022687
Q4 2022757
Q1 2023750
Q2 2023785
Q3 2023769
Q4 2023867

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 23Q2 23: 451 bought or addedQ2 23: 291 cut or sold outQ2 23Q3 23: 330 bought or addedQ3 23: 434 cut or sold outQ3 23Q4 23: 430 bought or addedQ4 23: 360 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022428284
Q1 2023463274
Q2 2023451291
Q3 2023330434
Q4 2023430360

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ1 23 calls: $17.3mQ1 23 puts: $6.6mQ1 23P/C 0.38Q2 23 calls: $26.5mQ2 23 puts: $36.9mQ2 23P/C 1.39Q3 23 calls: $192.2mQ3 23 puts: $35.2mQ3 23P/C 0.18Q4 23 calls: $70.2mQ4 23 puts: $30.4mQ4 23P/C 0.43
Numbers
QuarterCallsPutsP/C
Q1 2023$17.3m$6.6m0.38
Q2 2023$26.5m$36.9m1.39
Q3 2023$192.2m$35.2m0.18
Q4 2023$70.2m$30.4m0.43

Biggest buyers

JPMORGAN CHASE & CO Added +33,157,866+33.2m
BANK OF AMERICA CORP /DE/ Added +9,398,204+9.4m
MORGAN STANLEY Added +6,289,813+6.3m
GOLDMAN SACHS GROUP INC Added +1,436,276+1.4m
JANE STREET GROUP, LLC Added +1,139,583+1.1m
Charles Schwab Investment Advisory, Inc. Added +1,102,208+1.1m
LPL Financial LLC Added +632,336+632.3k
US BANCORP \DE\ Added +572,550+572.5k
Johnson Financial Group, Inc. Added +506,636+506.6k
Mitsubishi UFJ Asset Management Co., Ltd. New +476,000+476.0k

Biggest sellers

BlackRock Inc. Reduced -3,947,197-3.9m
Richard Bernstein Advisors LLC Reduced -2,811,836-2.8m
State of Tennessee, Department of Treasury Reduced -2,408,818-2.4m
OSAIC HOLDINGS, INC. Reduced -991,447-991.4k
BESSEMER GROUP INC Reduced -979,736-979.7k
ENVESTNET ASSET MANAGEMENT INC Reduced -814,274-814.3k
EVOKE WEALTH, LLC Reduced -691,348-691.3k
TWO SIGMA INVESTMENTS, LP Sold out -500,000-500.0k
ASSETMARK, INC Reduced -486,266-486.3k
Connectus Wealth, LLC Reduced -388,850-388.9k

Biggest calls

Point72 Asset Management, L.P. New $28.3m301.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $17.1m181.8k shares
CITADEL ADVISORS LLC Added $12.9m137.1k shares
GOLDMAN SACHS GROUP INC Unchanged $10.6m112.5k shares
WOLVERINE TRADING, LLC New $1.3m13.6k shares
Cutler Group LLC / CA Reduced $13.0k6.4k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $16.6m176.2k shares
BANK OF AMERICA CORP /DE/ Unchanged $6.8m72.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.8m61.6k shares
WOLVERINE TRADING, LLC New $1.2m13.0k shares
Cutler Group LLC / CA Added $1.0k1.5k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.80% of their portfolio CHARLOTTE, NC 75,324,69075.3m $7.1bn $7.1bn 0.80% Added +9.4m +9,398,204
2 JPMORGAN CHASE & CO 0.29% of their portfolio NEW YORK, NY 60,443,71860.4m $5.7bn $5.7bn 0.29% Added +33.2m +33,157,866
3 ENVESTNET ASSET MANAGEMENT INC 0.83% of their portfolio Berwyn, PA 21,347,96421.3m $2.0bn $2.0bn 0.83% Reduced -814.3k -814,274
4 LPL Financial LLC 0.98% of their portfolio FORT MILL, SC 17,206,15417.2m $1.6bn $1.6bn 0.98% Added +632.3k +632,336
5 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 14,126,34414.1m $1.3bn $1.3bn 0.06% Added +6.3m +6,289,813
6 AMERIPRISE FINANCIAL INC 0.38% of their portfolio MINNEAPOLIS, MN 13,658,09313.7m $1.3bn $1.3bn 0.38% Added +343.5k +343,504
7 Charles Schwab Investment Advisory, Inc. 0.74% of their portfolio SAN FRANCISCO, CA 5,460,9025.5m $513.8m $513.8m 0.74% Added +1.1m +1,102,208
8 TIAA TRUST, NATIONAL ASSOCIATION 1.31% of their portfolio CHARLOTTE, NC 4,167,4024.2m $392.5m $392.5m 1.31% Reduced -48.8k -48,849
9 Bank of New York Mellon Corp 0.07% of their portfolio NEW YORK, NY 3,537,0563.5m $332.8m $332.8m 0.07% Reduced -79.1k -79,135
10 TRUIST FINANCIAL CORP 0.48% of their portfolio CHARLOTTE, NC 3,201,1883.2m $301.2m $301.2m 0.48% Reduced -3.1k -3,146
11 STIFEL FINANCIAL CORP 0.36% of their portfolio ST. LOUIS, MO 3,024,2643.0m $284.5m $284.5m 0.36% Reduced -96.8k -96,782
12 WELLS FARGO & COMPANY/MN 0.08% of their portfolio SAN FRANCISCO, CA 3,021,7583.0m $284.3m $284.3m 0.08% Reduced -96.2k -96,243
13 State of Tennessee, Department of Treasury 1.09% of their portfolio NASHVILLE, TN 2,944,4782.9m $277.0m $277.0m 1.09% Reduced -2.4m -2,408,818
14 Envestnet Portfolio Solutions, Inc. 1.03% of their portfolio BERWYN, PA 2,627,5292.6m $247.2m $247.2m 1.03% Added +112.1k +112,072
15 Allworth Financial LP 1.89% of their portfolio FOLSOM, CA 2,624,5252.6m $246.9m $246.9m 1.89% Reduced -956 -956
16 BlackRock Inc. 0.01% of their portfolio New York, NY 2,599,4782.6m $244.6m $244.6m 0.01% Reduced -3.9m -3,947,197
17 CWM, LLC 1.18% of their portfolio OMAHA, NE 2,328,0402.3m $219.0m $219.0m 1.18% Reduced -252.6k -252,607
18 RWA WEALTH PARTNERS, LLC 3.00% of their portfolio BOSTON, MA 2,235,5602.2m $210.3m $210.3m 3.00% Added +441.1k +441,120
19 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 2,172,3092.2m $204.4m $204.4m 0.05% Reduced -128.3k -128,256
20 US BANCORP \DE\ 0.29% of their portfolio MINNEAPOLIS, MN 2,062,4362.1m $194.0m $194.0m 0.29% Added +572.5k +572,550
21 OSAIC HOLDINGS, INC. 0.33% of their portfolio SCOTTSDALE, AZ 1,991,5012.0m $187.5m $187.5m 0.33% Reduced -991.4k -991,447
22 FMR LLC 0.01% of their portfolio BOSTON, MA 1,895,4411.9m $178.3m $178.3m 0.01% Added +15.2k +15,200
23 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 1,879,3211.9m $176.8m $176.8m 0.04% Added +1.4m +1,436,276
24 SEI INVESTMENTS CO 0.28% of their portfolio OAKS, PA 1,876,6501.9m $176.6m $176.6m 0.28% Added +34.9k +34,864
25 UBS Group AG 0.07% of their portfolio ZURICH, V8 1,745,0711.7m $164.2m $164.2m 0.07% Added +133.3k +133,298
26 MIDLAND WEALTH ADVISORS, LLC 10.37% of their portfolio EFFINGHAM, IL 1,609,9201.6m $151.5m $151.5m 10.37% First filing
27 UNITED CAPITAL FINANCIAL ADVISORS, LLC 1.21% of their portfolio IRVING, TX 1,546,6191.5m $145.5m $145.5m 1.21% Added +274.2k +274,184
28 Quotient Wealth Partners, LLC 5.37% of their portfolio DALLAS, TX 1,472,9321.5m $138.6m $138.6m 5.37% First filing
29 Bridgewater Associates, LP 0.76% of their portfolio Westport, CT 1,451,8001.5m $136.6m $136.6m 0.76% Reduced -29.5k -29,500
30 Blue Trust, Inc. 2.06% of their portfolio BRENTWOOD, TN 1,443,3421.4m $128.2m $128.2m 2.06% Reduced -4.2k -4,192
31 PARK AVENUE SECURITIES LLC 1.72% of their portfolio NEW YORK, NY 1,322,1441.3m $124.4m $124.4m 1.72% Reduced -14.0k -13,978
32 Janney Montgomery Scott LLC 0.40% of their portfolio PHILADELPHIA, PA 1,319,7231.3m $124.2m $124.2m 0.40% Added +3.5k +3,451
33 JANE STREET GROUP, LLC 0.15% of their portfolio NEW YORK, NY 1,312,9131.3m $123.5m $123.5m 0.15% Added +1.1m +1,139,583
34 HANCOCK WHITNEY CORP 4.40% of their portfolio GULFPORT, MS 1,258,9981.3m $118.4m $118.4m 4.40% Reduced -86.5k -86,519
35 MML INVESTORS SERVICES, LLC 0.54% of their portfolio SPRINGFIELD, MA 1,234,3411.2m $116.1m $116.1m 0.54% Added +81.4k +81,445
36 OneDigital Investment Advisors LLC 2.00% of their portfolio OVERLAND PARK, KS 1,211,7341.2m $114.0m $114.0m 2.00% Added +114.3k +114,326
37 Municipal Employees' Retirement System of Michigan 1.36% of their portfolio LANSING, MI 1,082,3791.1m $101.8m $101.8m 1.36% Unchanged
38 Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio CHIYODA-KU, TOKYO, M0 1,076,5501.1m $101.3m $101.3m 0.07% Added +470.2k +470,161
39 Asset Management One Co., Ltd. 0.39% of their portfolio TOKYO, M0 1,017,1431.0m $95.8m $95.8m 0.39% Reduced -76.4k -76,411
40 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 967,293967.3k $102.4m $102.4m 0.03% Added +2.0k +1,983
41 Money Design Co.,Ltd. 4.80% of their portfolio TOKYO, M0 903,173903.2k $85.0m $85.0m 4.80% Reduced -26.1k -26,141
42 Cetera Investment Advisers 0.56% of their portfolio SCHAUMBURG, IL 736,726736.7k $69.3m $69.3m 0.56% Reduced -152.2k -152,216
43 COMMONWEALTH EQUITY SERVICES, LLC 0.12% of their portfolio WALTHAM, MA 723,509723.5k $68.1m $68.1m 0.12% Added +24.6k +24,623
44 Composition Wealth, LLC 1.73% of their portfolio LOS ANGELES, CA 671,862671.9k $63.2m $63.2m 1.73% Added +182.9k +182,906
45 Sensible Financial Planning & Management, LLC. 13.41% of their portfolio WALTHAM, MA 607,790607.8k $57.2m $57.2m 13.41% Reduced -17.2k -17,241
46 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 602,807602.8k $56.7m $56.7m 0.02% Added +52.0k +51,999
47 Johnson Financial Group, Inc. 2.92% of their portfolio RACINE, WI 566,688566.7k $53.3m $53.3m 2.92% Added +506.6k +506,636
48 Avidian Wealth Enterprises, LLC 3.31% of their portfolio Houston, TX 563,843563.8k $53.0m $53.0m 3.31% Added +51.4k +51,419
49 Connectus Wealth, LLC 1.05% of their portfolio CINCINNATI, OH 548,677548.7k $51.7m $51.7m 1.05% Reduced -388.9k -388,850
50 STATE OF MICHIGAN RETIREMENT SYSTEM 0.30% of their portfolio EAST LANSING, MI 540,800540.8k $50.9m $50.9m 0.30% Unchanged
51 Mirae Asset Global Investments Co., Ltd. 0.10% of their portfolio SEOUL, M5 539,622539.6k $50.8m $50.8m 0.10% Added +40.6k +40,568
52 Haverford Trust Co 0.56% of their portfolio Radnor, PA 537,935537.9k $50.6m $50.6m 0.56% Added +13.9k +13,935
53 Raymond James Financial Services Advisors, Inc. 0.08% of their portfolio ST. PETERSBURG, FL 508,730508.7k $47.9m $47.9m 0.08% Added +186.4k +186,373
54 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 503,504503.5k $47.4m $47.4m 0.02% Added +242.4k +242,383
55 Korea Investment CORP 0.12% of their portfolio SEOUL, M5 500,000500.0k $47.0m $47.0m 0.12% Unchanged
56 ROCKLAND TRUST CO 2.53% of their portfolio HANOVER, MA 491,192491.2k $46.2m $46.2m 2.53% Added +16.0k +16,048
57 Mitsubishi UFJ Asset Management Co., Ltd. 0.08% of their portfolio TOKYO, M0 476,000476.0k $44.6m $44.6m 0.08% New
58 Fisher Asset Management, LLC 0.02% of their portfolio PLANO, TX 444,210444.2k $41.8m $41.8m 0.02% Added +12.7k +12,747
59 Willis Johnson & Associates, Inc. 3.97% of their portfolio Houston, TX 439,583439.6k $41.4m $41.4m 3.97% Reduced -104.8k -104,780
60 Corient Private Wealth LP 0.07% of their portfolio MIAMI, FL 425,506425.5k $40.0m $40.0m 0.07% Reduced -283.2k -283,175
61 Capital Investment Advisors, LLC 1.00% of their portfolio ATLANTA, GA 425,462425.5k $40.0m $40.0m 1.00% Reduced -18.8k -18,809
62 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 422,987423.0k $39.8m $39.8m 0.03% Reduced -87.9k -87,893
63 SkyView Investment Advisors, LLC 9.93% of their portfolio SHREWSBURY, NJ 420,841420.8k $39.7m $39.7m 9.93% Added +399.8k +399,826
64 CIBC Asset Management Inc 0.15% of their portfolio TORONTO, Z4 415,107415.1k $39.1m $39.1m 0.15% Reduced -1.7k -1,727
65 Allianz Asset Management GmbH 0.07% of their portfolio MUNICH, 2M 409,489409.5k $38.5m $38.5m 0.07% Added +1.9k +1,860
66 Cetera Advisor Networks LLC 0.21% of their portfolio EL SEGUNDO, CA 402,615402.6k $37.9m $37.9m 0.21% Reduced -22.9k -22,942
67 CONNING INC. 1.27% of their portfolio HARTFORD, CT 387,672387.7k $36.5m $36.5m 1.27% Unchanged
68 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 386,404386.4k $36.4m $36.4m 0.03% Added +13.7k +13,653
69 ASSETMARK, INC 0.13% of their portfolio CONCORD, CA 383,214383.2k $36.1m $36.1m 0.13% Reduced -486.3k -486,266
70 Cetera Advisors LLC 0.49% of their portfolio DENVER, CO 374,585374.6k $35.2m $35.2m 0.49% Added +7.2k +7,174
71 Mill Creek Capital Advisors, LLC 1.00% of their portfolio Conshohocken, PA 360,725360.7k $33.9m $33.9m 1.00% Added +21.3k +21,316
72 CAPITAL ADVISORS INC/OK 0.75% of their portfolio TULSA, OK 357,304357.3k $33.6m $33.6m 0.75% New
73 Financial Gravity Asset Management, Inc. 0.09% of their portfolio Lakeway, TX 351,940351.9k $8.2m $8.2m 0.09% Added +2.9k +2,898
74 SUMITOMO MITSUI FINANCIAL GROUP, INC. 1.04% of their portfolio TOKYO, M0 347,371347.4k $32.7m $32.7m 1.04% Added +21.1k +21,086
75 Zurich Insurance Group Ltd/FI 0.32% of their portfolio ZURICH, V8 338,060338.1k $31.8m $31.8m 0.32% Unchanged
76 Creative Planning 0.06% of their portfolio OVERLAND PARK, KS 333,228333.2k $31.4m $31.4m 0.06% Added +17.2k +17,182
77 Mitsubishi UFJ Trust & Banking Corp 0.07% of their portfolio TOKYO, M0 322,592322.6k $30.3m $30.3m 0.07% Unchanged
78 Thrivent Financial for Lutherans 0.07% of their portfolio Minneapolis, MN 318,849318.8k $30.0m $30.0m 0.07% Added +36.1k +36,117
79 JB Capital LLC 2.20% of their portfolio WETHERSFIELD, CT 316,586316.6k $29.8m $29.8m 2.20% Reduced -6.1k -6,120
80 Atria Wealth Solutions, Inc. 0.37% of their portfolio NEW YORK, NY 312,629312.6k $29.4m $29.4m 0.37% Added +3.3k +3,320
81 Manning & Napier Group, LLC 0.35% of their portfolio Fairport, NY 312,467312.5k $29.4m $29.4m 0.35% Added +102.3k +102,284
82 WEALTHSOURCE PARTNERS, LLC 1.90% of their portfolio SAN LUIS OBISPO, CA 309,641309.6k $29.1m $29.1m 1.90% Reduced -15.6k -15,594
83 Strategic Wealth Partners, Ltd. 3.55% of their portfolio INDEPENDENCE, OH 306,399306.4k $28.8m $28.8m 3.55% Added +3.3k +3,256
84 AE Wealth Management LLC 0.14% of their portfolio TOPEKA, KS 286,693286.7k $26.6m $26.6m 0.14% Added +32.3k +32,263
85 Allspring Global Investments Holdings, LLC 0.04% of their portfolio CHARLOTTE, NC 278,211278.2k $26.2m $26.2m 0.04% Added +3.8k +3,815
86 ST GERMAIN D J CO INC 1.36% of their portfolio SPRINGFIELD, MA 277,761277.8k $26.1m $26.1m 1.36% Reduced -82.4k -82,353
87 Horizon Investments, LLC 0.68% of their portfolio Charlotte, NC 259,060259.1k $24.3m $24.3m 0.68% Reduced -106.9k -106,940
88 Foundations Investment Advisors, LLC 0.64% of their portfolio PHOENIX, AZ 255,358255.4k $24.0m $24.0m 0.64% Reduced -7.4k -7,392
89 Cambridge Investment Research Advisors, Inc. 0.10% of their portfolio FAIRFIELD, IA 246,610246.6k $23.2m $23.2m 0.10% Reduced -15.1k -15,127
90 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 243,748243.7k $22.9m $22.9m 0.02% New
91 Galvin, Gaustad & Stein, LLC 2.14% of their portfolio Scottsdale, AZ 243,129243.1k $22.9m $22.9m 2.14% Reduced -16.5k -16,511
92 Rockefeller Capital Management L.P. 0.08% of their portfolio NEW YORK, NY 240,346240.3k $22.6m $22.6m 0.08% Reduced -19.3k -19,275
93 PARNASSUS INVESTMENTS, LLC 0.05% of their portfolio San Francisco, CA 232,752232.8k $21.9m $21.9m 0.05% Added +82.9k +82,941
94 CreativeOne Wealth, LLC 1.39% of their portfolio OVERLAND PARK, KS 230,987231.0k $21.7m $21.7m 1.39% Reduced -12.1k -12,111
95 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 1.55% of their portfolio BIRMINGHAM, AL 230,447230.4k $21.7m $21.7m 1.55% Reduced -458 -458
96 ARVEST INVESTMENTS, INC. 3.52% of their portfolio LOWELL, AR 230,085230.1k $21.6m $21.6m 3.52% First filing
97 Tortoise Investment Management, LLC 2.93% of their portfolio WHITE PLAINS, NY 229,761229.8k $21.6m $21.6m 2.93% Reduced -76.5k -76,547
98 Acorns Advisers, LLC 0.26% of their portfolio IRVINE, CA 228,051228.1k $21.5m $21.5m 0.26% Added +14.6k +14,601
99 Sage Advisory Services, Ltd.Co. 5.68% of their portfolio AUSTIN, TX 225,297225.3k $21.2m $21.2m 5.68% Reduced -10.4k -10,438
100 NewEdge Advisors, LLC 0.20% of their portfolio NEW ORLEANS, LA 224,677224.7k $21.0m $21.0m 0.20% Added +24.7k +24,743