Vault-13

ISHARES TR MBB

MBS ETF · ETP · CUSIP 464288588

945 institutional holders +4 vs Q1 2025
369,595,111369.6m shares reported held*
$34.7bnreported value*
81 new 412 added 315 reduced 84 sold out net bought ≈ $2.7bn (+28.3m 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 ($46.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $93.93. Options: 2 managers hold calls ($9.2m notional), 2 hold puts ($1.6m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 687Q4 22: 757Q1 23: 750Q2 23: 785Q3 23: 769Q4 23: 867Q1 24: 845Q2 24: 842Q3 24: 880Q4 24: 933Q1 25: 941Q2 25: 945945Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022687
Q4 2022757
Q1 2023750
Q2 2023785
Q3 2023769
Q4 2023867
Q1 2024845
Q2 2024842
Q3 2024880
Q4 2024933
Q1 2025941
Q2 2025945

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ3 23: 330 bought or addedQ3 23: 434 cut or sold outQ4 23: 430 bought or addedQ4 23: 360 cut or sold outQ4 23Q1 24: 464 bought or addedQ1 24: 369 cut or sold outQ2 24: 447 bought or addedQ2 24: 371 cut or sold outQ2 24Q3 24: 510 bought or addedQ3 24: 329 cut or sold outQ4 24: 492 bought or addedQ4 24: 370 cut or sold outQ4 24Q1 25: 425 bought or addedQ1 25: 481 cut or sold outQ2 25: 493 bought or addedQ2 25: 399 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023330434
Q4 2023430360
Q1 2024464369
Q2 2024447371
Q3 2024510329
Q4 2024492370
Q1 2025425481
Q2 2025493399

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 24 calls: $14.5mQ3 24 puts: $4.5mQ3 24P/C 0.31Q4 24 calls: $16.5mQ4 24 puts: $2.7mQ4 24P/C 0.16Q1 25 calls: $57.7mQ1 25 puts: $4.4mQ1 25P/C 0.08Q2 25 calls: $9.2mQ2 25 puts: $1.6mQ2 25P/C 0.18
Numbers
QuarterCallsPutsP/C
Q3 2024$14.5m$4.5m0.31
Q4 2024$16.5m$2.7m0.16
Q1 2025$57.7m$4.4m0.08
Q2 2025$9.2m$1.6m0.18

Biggest buyers

TIAA TRUST, NATIONAL ASSOCIATION Added +18,631,536+18.6m
BARCLAYS PLC New +4,310,047+4.3m
ROYAL BANK OF CANADA Added +4,006,341+4.0m
BANK OF AMERICA CORP /DE/ Added +1,796,449+1.8m
PRUDENTIAL FINANCIAL INC Added +1,450,000+1.4m
LPL Financial LLC Added +1,088,417+1.1m
MORGAN STANLEY Added +789,697+789.7k
Mirae Asset Global Investments Co., Ltd. Added +619,114+619.1k
Rockefeller Capital Management L.P. Added +409,759+409.8k
EXCHANGE TRADED CONCEPTS, LLC Added +347,467+347.5k

Biggest sellers

State of Tennessee, Department of Treasury Reduced -2,511,025-2.5m
RWA WEALTH PARTNERS, LLC Reduced -1,192,725-1.2m
JANE STREET GROUP, LLC Sold out -949,675-949.7k
UBS Group AG Reduced -710,728-710.7k
Hilton Capital Management, LLC Reduced -526,157-526.2k
Thrivent Financial for Lutherans Reduced -503,207-503.2k
NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC Reduced -488,900-488.9k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -347,649-347.6k
West Coast Financial LLC Sold out -330,498-330.5k
JPMORGAN CHASE & CO Reduced -259,620-259.6k

Biggest calls

CITADEL ADVISORS LLC Added $7.2m76.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.0m21.1k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.1m11.4k shares
CITADEL ADVISORS LLC Added $563.3k6.0k 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.49% of their portfolio CHARLOTTE, NC 64,329,62664.3m $6.0bn $6.0bn 0.49% Added +1.8m +1,796,449
2 JPMORGAN CHASE & CO 0.33% of their portfolio NEW YORK, NY 50,495,05450.5m $4.7bn $4.7bn 0.33% Reduced -259.6k -259,620
3 ENVESTNET ASSET MANAGEMENT INC 0.73% of their portfolio Berwyn, PA 26,767,44926.8m $2.5bn $2.5bn 0.73% Added +153.8k +153,806
4 LPL Financial LLC 0.79% of their portfolio FORT MILL, SC 25,351,01925.4m $2.4bn $2.4bn 0.79% Added +1.1m +1,088,417
5 TIAA TRUST, NATIONAL ASSOCIATION 5.85% of their portfolio CHARLOTTE, NC 23,964,90924.0m $2.2bn $2.2bn 5.85% Added +18.6m +18,631,536
6 Fisher Asset Management, LLC 0.79% of their portfolio PLANO, TX 21,297,62721.3m $2.0bn $2.0bn 0.79% Added +254.7k +254,658
7 AMERIPRISE FINANCIAL INC 0.32% of their portfolio MINNEAPOLIS, MN 14,005,56014.0m $1.3bn $1.3bn 0.32% Reduced -257.3k -257,295
8 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 9,190,2269.2m $862.9m $862.9m 0.06% Added +789.7k +789,697
9 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 5,739,0625.7m $538.8m $538.8m 0.05% Added +4.0m +4,006,341
10 BARCLAYS PLC 0.16% of their portfolio LONDON, X0 4,310,0474.3m $404.7m $404.7m 0.16% New
11 STIFEL FINANCIAL CORP 0.36% of their portfolio ST. LOUIS, MO 3,970,9964.0m $372.8m $372.8m 0.36% Added +254.4k +254,425
12 TRUIST FINANCIAL CORP 0.50% of their portfolio CHARLOTTE, NC 3,648,8363.6m $342.6m $342.6m 0.50% Reduced -3.0k -3,016
13 Allworth Financial LP 1.40% of their portfolio FOLSOM, CA 3,101,3163.1m $291.2m $291.2m 1.40% Added +50.1k +50,059
14 Bank of New York Mellon Corp 0.05% of their portfolio NEW YORK, NY 3,068,9343.1m $288.1m $288.1m 0.05% Reduced -106.8k -106,806
15 PNC Financial Services Group, Inc. 0.18% of their portfolio Pittsburgh, PA 2,916,7232.9m $273.9m $273.9m 0.18% Reduced -22.8k -22,803
16 RENAISSANCERE HOLDINGS LTD 41.88% of their portfolio PEMBROKE, D0 2,855,4312.9m $268.1m $268.1m 41.88% Unchanged
17 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 2,580,9872.6m $242.3m $242.3m 0.05% Added +35.1k +35,073
18 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,318,0402.3m $217.6m $217.6m 0.00% Reduced -1.2k -1,175
19 State of Tennessee, Department of Treasury 0.76% of their portfolio NASHVILLE, TN 2,269,4392.3m $213.1m $213.1m 0.76% Reduced -2.5m -2,511,025
20 CWM, LLC 0.64% of their portfolio OMAHA, NE 1,937,8221.9m $181.9m $181.9m 0.64% Reduced -82.0k -81,970
21 SEI INVESTMENTS CO 0.21% of their portfolio OAKS, PA 1,935,4211.9m $181.7m $181.7m 0.21% Reduced -112.1k -112,091
22 MML INVESTORS SERVICES, LLC 0.52% of their portfolio SPRINGFIELD, MA 1,909,5441.9m $179.3m $179.3m 0.52% Added +95.8k +95,805
23 Envestnet Portfolio Solutions, Inc. 0.65% of their portfolio BERWYN, PA 1,887,6251.9m $177.2m $177.2m 0.65% Reduced -194.1k -194,087
24 Cetera Investment Advisers 0.30% of their portfolio SCHAUMBURG, IL 1,869,7871.9m $175.6m $175.6m 0.30% Added +6.3k +6,254
25 MIDLAND WEALTH ADVISORS, LLC 9.64% of their portfolio EFFINGHAM, IL 1,857,2851.9m $174.4m $174.4m 9.64% Added +32.0k +31,968
26 Composition Wealth, LLC 2.91% of their portfolio LOS ANGELES, CA 1,845,9891.8m $173.3m $173.3m 2.91% Added +169.1k +169,073
27 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,716,1861.7m $161.1m $161.1m 0.03% Reduced -710.7k -710,728
28 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 1,548,4621.5m $145.4m $145.4m 0.05% Added +126.5k +126,509
29 OneDigital Investment Advisors LLC 1.61% of their portfolio OVERLAND PARK, KS 1,543,9091.5m $145.0m $145.0m 1.61% Reduced -2.6k -2,629
30 Quotient Wealth Partners, LLC 4.12% of their portfolio DALLAS, TX 1,492,6411.5m $140.1m $140.1m 4.12% Added +34.3k +34,285
31 Dynasty Wealth Management, LLC 2.38% of their portfolio ST. PETERSBURG, FL 1,488,2201.5m $139.7m $139.7m 2.38% Reduced -31.4k -31,423
32 PRUDENTIAL FINANCIAL INC 0.18% of their portfolio NEWARK, NJ 1,463,7191.5m $137.4m $137.4m 0.18% Added +1.4m +1,450,000
33 Bridgewater Associates, LP 0.55% of their portfolio Westport, CT 1,460,2001.5m $137.1m $137.1m 0.55% Added +12.6k +12,600
34 BESSEMER GROUP INC 0.21% of their portfolio WOODBRIDGE, NJ 1,400,2651.4m $131.5m $131.5m 0.21% Reduced -688 -688
35 Money Design Co.,Ltd. 6.10% of their portfolio TOKYO, M0 1,390,9161.4m $130.6m $130.6m 6.10% Added +62.0k +62,046
36 Mirae Asset Global Investments Co., Ltd. 0.45% of their portfolio SEOUL, M5 1,373,8041.4m $129.0m $129.0m 0.45% Added +619.1k +619,114
37 PARK AVENUE SECURITIES LLC 1.15% of their portfolio NEW YORK, NY 1,327,8421.3m $124.7m $124.7m 1.15% Reduced -3.9k -3,891
38 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.97% of their portfolio IRVING, TX 1,276,9061.3m $119.9m $119.9m 0.97% Reduced -42.0k -42,036
39 BANK OF MONTREAL /CAN/ 0.06% of their portfolio TORONTO, A6 1,260,8291.3m $118.4m $118.4m 0.06% Added +84.8k +84,824
40 Blue Trust, Inc. 1.38% of their portfolio BRENTWOOD, TN 1,243,0711.2m $116.7m $116.7m 1.38% Reduced -20.2k -20,249
41 HANCOCK WHITNEY CORP 2.22% of their portfolio GULFPORT, MS 1,234,8111.2m $115.9m $115.9m 2.22% Reduced -27.9k -27,898
42 Janney Montgomery Scott LLC 0.30% of their portfolio PHILADELPHIA, PA 1,223,0421.2m $114.8m $114.8m 0.30% Reduced -26.4k -26,385
43 Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio CHIYODA-KU, TOKYO, M0 1,160,0571.2m $108.9m $108.9m 0.07% Added +14.1k +14,070
44 Merit Financial Group, LLC 1.19% of their portfolio ALPHARETTA, GA 1,139,6221.1m $107.0m $107.0m 1.19% Added +65.6k +65,596
45 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 1,040,0981.0m $97.7m $97.7m 0.02% Reduced -12.5k -12,500
46 ASSETMARK, INC 0.23% of their portfolio CONCORD, CA 1,037,3131.0m $97.4m $97.4m 0.23% Added +212.2k +212,243
47 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.21% of their portfolio Paris, I0 975,687975.7k $87.6m $87.6m 0.21% Unchanged
48 Asset Management One Co., Ltd. 0.28% of their portfolio TOKYO, M0 962,798962.8k $90.4m $90.4m 0.28% Reduced -35.6k -35,575
49 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 1.51% of their portfolio MINNEAPOLIS, MN 960,195960.2k $90.2m $90.2m 1.51% Added +18.5k +18,484
50 Kestra Investment Management, LLC 1.34% of their portfolio AUSTIN, TX 924,112924.1k $86.7m $86.7m 1.34% Added +35.7k +35,690
51 Sensible Financial Planning & Management, LLC. 13.16% of their portfolio WALTHAM, MA 738,128738.1k $69.3m $69.3m 13.16% Added +48.5k +48,495
52 EVOKE WEALTH, LLC 1.55% of their portfolio Los Angeles, CA 704,392704.4k $66.1m $66.1m 1.55% Added +28.2k +28,205
53 NorthCoast Asset Management LLC 0.28% of their portfolio STAMFORD, CT 703,159703.2k $66.0m $66.0m 0.28% Reduced -63.2k -63,234
54 Avidian Wealth Enterprises, LLC 2.62% of their portfolio Houston, TX 685,940685.9k $64.4m $64.4m 2.62% Added +27.4k +27,394
55 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 675,910675.9k $63.5m $63.5m 0.02% Added +11.1k +11,064
56 Rockefeller Capital Management L.P. 0.07% of their portfolio NEW YORK, NY 671,878671.9k $63.1m $63.1m 0.07% Added +409.8k +409,759
57 Mill Creek Capital Advisors, LLC 1.37% of their portfolio Conshohocken, PA 657,253657.3k $61.7m $61.7m 1.37% Added +140.3k +140,304
58 NewEdge Advisors, LLC 0.31% of their portfolio NEW ORLEANS, LA 649,770649.8k $61.0m $61.0m 0.31% Added +49.6k +49,635
59 COMMONWEALTH EQUITY SERVICES, LLC 0.08% of their portfolio WALTHAM, MA 641,703641.7k $60.2m $60.2m 0.08% Added +68.3k +68,334
60 CIBC Asset Management Inc 0.18% of their portfolio TORONTO, Z4 625,969626.0k $58.8m $58.8m 0.18% Added +49.7k +49,678
61 ROCKLAND TRUST CO 2.75% of their portfolio HANOVER, MA 601,543601.5k $56.5m $56.5m 2.75% Added +3.1k +3,097
62 STATE OF MICHIGAN RETIREMENT SYSTEM 0.29% of their portfolio EAST LANSING, MI 600,000600.0k $56.3m $56.3m 0.29% Unchanged
63 Allianz Asset Management GmbH 0.07% of their portfolio MUNICH, 2M 584,393584.4k $54.9m $54.9m 0.07% Added +12.4k +12,384
64 Willis Johnson & Associates, Inc. 3.70% of their portfolio Houston, TX 579,796579.8k $54.4m $54.4m 3.70% Added +12.5k +12,469
65 NOTTINGHAM ADVISORS, INC. 7.91% of their portfolio AMHERST, NY 567,701567.7k $53.3m $53.3m 7.91% Added +45.8k +45,786
66 State of New Jersey Common Pension Fund D 0.20% of their portfolio TRENTON, NJ 550,000550.0k $51.6m $51.6m 0.20% Unchanged
67 Constellation Investments, Inc. 2.38% of their portfolio MONTGOMERY, OH 548,000548.0k $51.5m $51.5m 2.38% Unchanged
68 OSAIC HOLDINGS, INC. 0.09% of their portfolio SCOTTSDALE, AZ 525,871525.9k $49.4m $49.4m 0.09% Added +163.8k +163,779
69 Korea Investment CORP 0.10% of their portfolio SEOUL, M5 500,000500.0k $46.9m $46.9m 0.10% Unchanged
70 Mitsubishi UFJ Trust & Banking Corp 0.11% of their portfolio TOKYO, M0 492,986493.0k $46.3m $46.3m 0.11% Reduced -23.3k -23,290
71 Lutz Financial Services LLC 3.58% of their portfolio OMAHA, NE 490,415490.4k $46.0m $46.0m 3.58% Added +8.8k +8,816
72 SkyView Investment Advisors, LLC 6.56% of their portfolio SHREWSBURY, NJ 489,413489.4k $45.8m $45.8m 6.56% Added +3.8k +3,763
73 AE Wealth Management LLC 0.32% of their portfolio TOPEKA, KS 470,728470.7k $44.2m $44.2m 0.32% Added +33.7k +33,749
74 US BANCORP \DE\ 0.05% of their portfolio MINNEAPOLIS, MN 462,897462.9k $43.5m $43.5m 0.05% Reduced -13.0k -12,952
75 Foundations Investment Advisors, LLC 0.67% of their portfolio PHOENIX, AZ 449,204449.2k $42.2m $42.2m 0.67% Added +58.9k +58,871
76 Corient Private Wealth LP 0.05% of their portfolio MIAMI, FL 439,274439.3k $41.2m $41.2m 0.05% Added +24.8k +24,816
77 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.67% of their portfolio TOKYO, M0 433,948433.9k $40.7m $40.7m 0.67% Added +9.8k +9,760
78 Stockman Wealth Management, Inc. 5.41% of their portfolio BILLINGS, MT 423,876423.9k $39.8m $39.8m 5.41% Added +125.8k +125,803
79 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 398,864398.9k $37.4m $37.4m 0.01% Added +3.7k +3,666
80 Strategic Wealth Partners, Ltd. 2.94% of their portfolio INDEPENDENCE, OH 397,392397.4k $37.3m $37.3m 2.94% First filing
81 Cambridge Investment Research Advisors, Inc. 0.11% of their portfolio FAIRFIELD, IA 389,283389.3k $36.5m $36.5m 0.11% Added +70.8k +70,849
82 CONNING INC. 1.25% of their portfolio HARTFORD, CT 387,672387.7k $36.4m $36.4m 1.25% Unchanged
83 EXCHANGE TRADED CONCEPTS, LLC 0.47% of their portfolio Oklahoma City, OK 387,647387.6k $36.4m $36.4m 0.47% Added +347.5k +347,467
84 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 370,355370.4k $34.8m $34.8m 0.01% Reduced -8.4k -8,412
85 FMR LLC 0.00% of their portfolio BOSTON, MA 366,977367.0k $34.5m $34.5m 0.00% Reduced -31.3k -31,343
86 MANNING & NAPIER ADVISORS LLC 0.39% of their portfolio Fairport, NY 350,637350.6k $32.9m $32.9m 0.39% Reduced -5.0k -5,040
87 ST GERMAIN D J CO INC 1.40% of their portfolio SPRINGFIELD, MA 346,384346.4k $32.5m $32.5m 1.40% Added +16.2k +16,179
88 Zurich Insurance Group Ltd/FI 0.25% of their portfolio ZURICH, V8 338,060338.1k $31.7m $31.7m 0.25% Unchanged
89 Bangor Savings Bank 2.78% of their portfolio BANGOR, ME 330,790330.8k $31.1m $31.1m 2.78% Added +3.6k +3,638
90 Cerity Partners OCIO LLC 1.67% of their portfolio New York, NY 321,567321.6k $30.2m $30.2m 1.67% Unchanged
91 Cerity Partners LLC 0.05% of their portfolio NEW YORK, NY 320,881320.9k $30.1m $30.1m 0.05% Added +275.1k +275,117
92 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 320,799320.8k $30.1m $30.1m 0.01% Added +9.7k +9,749
93 CONNABLE OFFICE INC 2.96% of their portfolio KALAMAZOO, MI 318,617318.6k $29.9m $29.9m 2.96% Added +42.7k +42,672
94 Sanctuary Advisors, LLC 0.18% of their portfolio INDIANAPOLIS, IN 312,703312.7k $29.4m $29.4m 0.18% Added +8.2k +8,210
95 Integrated Wealth Concepts LLC 0.29% of their portfolio WALTHAM, MA 307,598307.6k $28.9m $28.9m 0.29% Added +58.0k +58,029
96 Hilton Capital Management, LLC 2.29% of their portfolio Garden City, NY 306,071306.1k $28.7m $28.7m 2.29% Reduced -526.2k -526,157
97 CreativeOne Wealth, LLC 0.75% of their portfolio OVERLAND PARK, KS 303,832303.8k $28.5m $28.5m 0.75% Added +13.4k +13,354
98 Dakota Wealth Management 0.59% of their portfolio PALM BEACH GARDENS, FL 300,740300.7k $28.2m $28.2m 0.59% Added +83.7k +83,686
99 Clearwater Capital Advisors, LLC 2.57% of their portfolio HOFFMAN ESTATES, IL 299,845299.8k $28.2m $28.2m 2.57% Added +3.3k +3,313
100 Kingsview Wealth Management, LLC 0.47% of their portfolio GRANTS PASS, OR 297,557297.6k $27.9m $27.9m 0.47% Added +11.0k +10,968