Vault-13

ISHARES TR ISCG

MRGSTR SM CP GR · ETP · CUSIP 464288604

157 institutional holders +6 vs Q3 2025
8,907,5848.9m shares reported held*
$494.4mreported value*
12 new 65 added 42 reduced 11 sold out net sold ≈ $9.6m (-173.9k 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. Holder counts are more reliable. Implied quarter-end price ≈ $55.51. Options: 2 managers hold calls ($35.8m notional), 0 hold puts (—).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 106Q4 22: 109Q1 23: 114Q2 23: 116Q3 23: 114Q4 23: 133Q1 24: 136Q2 24: 135Q3 24: 126Q4 24: 139Q1 25: 141Q2 25: 148Q3 25: 151Q4 25: 157157Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022106
Q4 2022109
Q1 2023114
Q2 2023116
Q3 2023114
Q4 2023133
Q1 2024136
Q2 2024135
Q3 2024126
Q4 2024139
Q1 2025141
Q2 2025148
Q3 2025151
Q4 2025157

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 24: 49 bought or addedQ1 24: 59 cut or sold outQ2 24: 50 bought or addedQ2 24: 54 cut or sold outQ2 24Q3 24: 58 bought or addedQ3 24: 54 cut or sold outQ4 24: 61 bought or addedQ4 24: 41 cut or sold outQ4 24Q1 25: 62 bought or addedQ1 25: 50 cut or sold outQ2 25: 69 bought or addedQ2 25: 54 cut or sold outQ2 25Q3 25: 76 bought or addedQ3 25: 56 cut or sold outQ4 25: 77 bought or addedQ4 25: 53 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20244959
Q2 20245054
Q3 20245854
Q4 20246141
Q1 20256250
Q2 20256954
Q3 20257656
Q4 20257753

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ1 25 calls: $6.5mQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $39.4mQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $25.9mQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $35.8mQ4 25 puts: $0Q4 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2025$6.5m$00.00
Q2 2025$39.4m$00.00
Q3 2025$25.9m$00.00
Q4 2025$35.8m$00.00

Biggest buyers

OSAIC HOLDINGS, INC. Added +549,014+549.0k
LPL Financial LLC Added +161,609+161.6k
Mariner, LLC Added +63,393+63.4k
RAYMOND JAMES FINANCIAL INC Added +48,093+48.1k
CAPTRUST FINANCIAL ADVISORS Added +36,185+36.2k
AMERIPRISE FINANCIAL INC Added +33,537+33.5k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +28,968+29.0k
LEVEL FOUR ADVISORY SERVICES, LLC Added +25,343+25.3k
Farther Finance Advisors, LLC Added +22,319+22.3k
Black Diamond Financial, LLC Added +19,508+19.5k

Biggest sellers

JPMORGAN CHASE & CO Reduced -794,635-794.6k
Rockport Wealth LLC Sold out -324,586-324.6k
MML INVESTORS SERVICES, LLC Reduced -43,904-43.9k
Focus Partners Wealth Reduced -24,393-24.4k
MORGAN STANLEY Reduced -19,638-19.6k
McKinley Carter Wealth Services, Inc. Reduced -18,873-18.9k
CITADEL ADVISORS LLC Sold out -18,277-18.3k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -16,898-16.9k
CWM, LLC Reduced -16,040-16.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -9,180-9.2k

Biggest calls

GROUP ONE TRADING LLC Reduced $19.3m206.8k shares
IMC-Chicago, LLC Added $16.5m234.7k shares

Biggest puts

None

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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Focus Partners Wealth 0.06% of their portfolio ST LOUIS, MO 973,843973.8k $54.0m $54.0m 0.06% Reduced -24.4k -24,393
2 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 851,509851.5k $47.2m $47.2m 0.00% Reduced -794.6k -794,635
3 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 676,850676.9k $37.5m $37.5m 0.01% Added +161.6k +161,609
4 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 616,773616.8k $34.2m $34.2m 0.05% Added +549.0k +549,014
5 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 519,552519.6k $28.8m $28.8m 0.02% Added +29.0k +28,968
6 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 404,010404.0k $22.4m $22.4m 0.02% Added +7.0k +7,047
7 Gallagher Fiduciary Advisors, LLC 0.55% of their portfolio ROLLING MEADOWS, IL 307,111307.1k $17.0m $17.0m 0.55% Added +5.6k +5,573
8 Atria Investments, Inc 0.19% of their portfolio Charlotte, NC 305,107305.1k $16.9m $16.9m 0.19% Added +7.4k +7,359
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 258,198258.2k $14.3m $14.3m 0.00% Reduced -1.4k -1,444
10 CWM, LLC 0.03% of their portfolio OMAHA, NE 226,396226.4k $12.6m $12.6m 0.03% Reduced -16.0k -16,040
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 216,238216.2k $12.0m $12.0m 0.00% Reduced -19.6k -19,638
12 Black Diamond Financial, LLC 1.23% of their portfolio TOWSON, MD 209,843209.8k $11.6m $11.6m 1.23% Added +19.5k +19,508
13 Steele Capital Management, Inc. 0.42% of their portfolio DUBUQUE, IA 178,213178.2k $9.9m $9.9m 0.42% Added +1.4k +1,430
14 Matrix Trust Co 1.63% of their portfolio DENVER, CO 178,213178.2k $9.9m $9.9m 1.63% Added +1.4k +1,430
15 UBS Group AG 0.00% of their portfolio ZURICH, V8 168,497168.5k $9.3m $9.3m 0.00% Added +6.9k +6,902
16 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 167,054167.1k $9.3m $9.3m 0.00% Added +48.1k +48,093
17 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 160,226160.2k $8.9m $8.9m 0.00% Added +6.0k +5,964
18 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 147,583147.6k $8.4m $8.4m 0.00% Added +33.5k +33,537
19 Opes Wealth Management LLC 1.21% of their portfolio MENLO PARK, CA 128,261128.3k $7.1m $7.1m 1.21% Added +248 +248
20 Mariner, LLC 0.01% of their portfolio Overland Park, KS 126,450126.5k $7.0m $7.0m 0.01% Added +63.4k +63,393
21 Ipsen Advisor Group LLC 4.48% of their portfolio LITTLE ROCK, AR 113,619113.6k $6.3m $6.3m 4.48% Added +486 +486
22 McKinley Carter Wealth Services, Inc. 0.33% of their portfolio WHEELING, WV 106,635106.6k $5.9m $5.9m 0.33% Reduced -18.9k -18,873
23 NorthStar Asset Management LLC /NJ/ 2.50% of their portfolio BERKELEY HEIGHTS, NJ 100,071100.1k $5.5m $5.5m 2.50% Added +6.1k +6,127
24 Three Bearings Fiduciary Advisors, Inc. 4.57% of their portfolio HAMPTON, NH 84,91584.9k $4.9m $4.9m 4.57% First filing
25 BEAM WEALTH ADVISORS, INC. 1.18% of their portfolio COVINGTON, LA 77,81277.8k $4.3m $4.3m 1.18% Added +7.2k +7,166
26 Certified Advisory Corp 0.39% of their portfolio ALTAMONTE SPRINGS, FL 76,77676.8k $4.3m $4.3m 0.39% Added +2.1k +2,136
27 IAG Wealth Partners, LLC 0.49% of their portfolio WAUKESHA, WI 76,18376.2k $4.2m $4.2m 0.49% Added +3.3k +3,315
28 LEVEL FOUR ADVISORY SERVICES, LLC 0.13% of their portfolio DALLAS, TX 71,83971.8k $4.0m $4.0m 0.13% Added +25.3k +25,343
29 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 66,74766.7k $3.7m $3.7m 0.00% Reduced -16.9k -16,898
30 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 65,55065.5k $3.6m $3.6m 0.00% Reduced -238 -238
31 Atlanta Consulting Group Advisors, LLC 0.73% of their portfolio ATLANTA, GA 58,40558.4k $3.2m $3.2m 0.73% Added +2.3k +2,256
32 STEINBERGANNA WEALTH MANAGEMENT 1.29% of their portfolio HUNTINGTON, NY 49,63649.6k $2.8m $2.8m 1.29% Reduced -1.1k -1,099
33 LRI Investments, LLC 0.21% of their portfolio PALM BEACH GARDENS, FL 46,49746.5k $2.6m $2.6m 0.21% Unchanged
34 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 41,79441.8k $2.3m $2.3m 0.00% Added +36.2k +36,185
35 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 40,08940.1k $2.2m $2.2m 0.00% Reduced -1.7k -1,682
36 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 37,70137.7k $2.1m $2.1m 0.01% Reduced -1.1k -1,119
37 IEQ CAPITAL, LLC 0.01% of their portfolio Foster City, CA 35,82935.8k $2.0m $2.0m 0.01% Added +141 +141
38 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 35,40035.4k $2.0m $2.0m 0.00% Unchanged
39 Key Financial Inc 0.34% of their portfolio WEST CHESTER, PA 33,36233.4k $1.9m $1.9m 0.34% Added +4.0k +3,952
40 Rodgers & Associates, LTD 0.18% of their portfolio Lancaster, PA 32,59332.6k $1.8m $1.8m 0.18% Added +1.2k +1,191
41 Perennial Investment Advisors, LLC 0.14% of their portfolio Los Angeles, CA 32,36932.4k $1.8m $1.8m 0.14% Added +1.2k +1,167
42 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 28,71628.7k $1.6m $1.6m 0.01% Added +6.3k +6,281
43 Farther Finance Advisors, LLC 0.02% of their portfolio SAN FRANCISCO, CA 28,37928.4k $1.6m $1.6m 0.02% Added +22.3k +22,319
44 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 26,13926.1k $1.4m $1.4m 0.00% Added +2.3k +2,320
45 VAUGHAN & Co SECURITIES, INC. 0.70% of their portfolio Ridgewood, NJ 24,54624.5k $1.4m $1.4m 0.70% Reduced -369 -369
46 Kendall Capital Management 0.27% of their portfolio ROCKVILLE, MD 23,54323.5k $1.3m $1.3m 0.27% Added +43 +43
47 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 23,45423.5k $1.3m $1.3m 0.00% Reduced -43.9k -43,904
48 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 21,25121.3k $1.2m $1.2m 0.00% Reduced -2.1k -2,117
49 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 20,55120.6k $1.1m $1.1m 0.01% Added +7.6k +7,599
50 SHELTON WEALTH MANAGEMENT, LLC 0.49% of their portfolio FORT WORTH, TX 20,28620.3k $1.1m $1.1m 0.49% Reduced -506 -506
51 Creekside Partners 0.48% of their portfolio PETALUMA, CA 20,28220.3k $1.1m $1.1m 0.48% Added +28 +28
52 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 19,95920.0k $1.1m $1.1m 0.02% Added +5.0k +5,024
53 Phoenix Wealth Advisors 0.42% of their portfolio CHAPEL HILL, NC 19,80819.8k $1.1m $1.1m 0.42% Added +94 +94
54 Arkadios Wealth Advisors 0.02% of their portfolio ATLANTA, GA 18,51318.5k $1.0m $1.0m 0.02% New
55 Jacksonville Wealth Management, LLC 0.59% of their portfolio JACKSONVILLE, FL 15,03115.0k $833.6k $833.6k 0.59% New
56 Crescent Grove Advisors, LLC 0.08% of their portfolio LAKE FOREST, IL 14,33714.3k $795.1k $795.1k 0.08% Unchanged
57 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 14,11214.1k $782.6k $782.6k 0.00% Added +614 +614
58 Visionary Wealth Advisors 0.03% of their portfolio O'FALLON, IL 13,72313.7k $761.1k $761.1k 0.03% Reduced -1.3k -1,268
59 CreativeOne Wealth, LLC 0.02% of their portfolio OVERLAND PARK, KS 12,93912.9k $717.6k $717.6k 0.02% Reduced -123 -123
60 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 12,31712.3k $683.1k $683.1k 0.00% Reduced -65 -65
61 Gilliland Jeter Wealth Management LLC 0.20% of their portfolio LITTLE ROCK, AR 12,21812.2k $677.6k $677.6k 0.20% Added +1.2k +1,234
62 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 11,16811.2k $619.4k $619.4k 0.00% Reduced -73 -73
63 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 11,09111.1k $602.3k $602.3k 0.00% Unchanged
64 MGB Wealth Management, LLC 0.17% of their portfolio ADDISON, TX 10,82510.8k $605.2k $605.2k 0.17% Added +10.6k +10,624
65 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 10,48610.5k $581.6k $581.6k 0.00% Unchanged
66 Fifth Third Securities, Inc. 0.04% of their portfolio Cincinnati, OH 10,31510.3k $572.1k $572.1k 0.04% Added +201 +201
67 CREATIVE FINANCIAL DESIGNS INC /ADV 0.04% of their portfolio KOKOMO, IN 10,10710.1k $560.5k $560.5k 0.04% Added +684 +684
68 Courage Miller Partners, LLC 0.16% of their portfolio NORFOLK, VA 9,7599.8k $541.2k $541.2k 0.16% Reduced -1.3k -1,307
69 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 9,5269.5k $528.0k $528.0k 0.00% Reduced -539 -539
70 Avior Wealth Management, LLC 0.02% of their portfolio OMAHA, NE 9,4069.4k $521.6k $521.6k 0.02% Reduced -149 -149
71 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 9,0799.1k $503.5k $503.5k 0.01% Added +426 +426
72 GWN SECURITIES INC. 0.10% of their portfolio Palm Beach Gardens, FL 8,7348.7k $484.4k $484.4k 0.10% Added +884 +884
73 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 8,6568.7k $480.1k $480.1k 0.00% Added +720 +720
74 Asset Allocation Strategies LLC 0.09% of their portfolio FARMINGTON, MI 8,6328.6k $478.8k $478.8k 0.09% Reduced -816 -816
75 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 8,6278.6k $478.4k $478.4k 0.00% Added +1.0k +1,013
76 FMR LLC 0.00% of their portfolio BOSTON, MA 8,6168.6k $477.9k $477.9k 0.00% Added +287 +287
77 Basepoint Wealth LLC 0.28% of their portfolio CEDAR RAPIDS, IA 8,3598.4k $463.6k $463.6k 0.28% Added +9 +9
78 Financial Engines Advisors L.L.C. 0.00% of their portfolio SANTA CLARA, CA 8,2058.2k $455.0k $455.0k 0.00% Reduced -1.1k -1,121
79 Madison Wealth Partners, Inc 0.08% of their portfolio MADISON, WI 8,0238.0k $445.0k $445.0k 0.08% Added +9 +9
80 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 7,9037.9k $438.3k $438.3k 0.00% Reduced -39 -39
81 Synergy Financial Group, LTD 0.31% of their portfolio SAN RAMON, CA 7,8927.9k $437.7k $437.7k 0.31% Added +336 +336
82 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 7,8607.9k $435.9k $435.9k 0.00% Added +1.8k +1,800
83 Van Diest Capital, LLC 0.63% of their portfolio POLY CITY, IA 7,6147.6k $422.3k $422.3k 0.63% First filing
84 ADELL HARRIMAN & CARPENTER INC 0.02% of their portfolio HOUSTON, TX 7,3967.4k $410.2k $410.2k 0.02% Reduced -1.4k -1,400
85 rebel Financial LLC 0.17% of their portfolio GROVEPORT, OH 7,1197.1k $394.8k $394.8k 0.17% Added +7.1k +7,119
86 RIVER'S EDGE WEALTH MANAGEMENT, LLC 0.39% of their portfolio BEAVER, PA 6,9056.9k $403.3k $403.3k 0.39% First filing
87 PRIVATE TRUST CO NA 0.03% of their portfolio CLEVELAND, OH 6,5146.5k $361.3k $361.3k 0.03% Added +3.7k +3,743
88 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 6,2006.2k $343.9k $343.9k 0.00% Unchanged
89 Breakwater Capital Group 0.05% of their portfolio PARAMUS, NJ 5,9335.9k $329.0k $329.0k 0.05% Reduced -182 -182
90 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 5,5295.5k $306.6k $306.6k 0.00% Added +2 +2
91 MONETA GROUP INVESTMENT ADVISORS LLC 0.00% of their portfolio ST LOUIS, MO 5,4385.4k $301.6k $301.6k 0.00% New
92 Caprock Group, LLC 0.01% of their portfolio BOISE, ID 5,4335.4k $301.3k $301.3k 0.01% Reduced -309 -309
93 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 5,4115.4k $300.1k $300.1k 0.00% Reduced -8.5k -8,546
94 SILVER OAK SECURITIES, INCORPORATED 0.02% of their portfolio JACKSON, TN 5,4015.4k $303.2k $303.2k 0.02% Added +10 +10
95 Keating Financial Advisory Services, Inc. 0.04% of their portfolio MANHATTAN, KS 5,2595.3k $291.7k $291.7k 0.04% First filing
96 JIM SAULNIER & ASSOCIATES, LLC 0.15% of their portfolio FORT COLLINS, CO 5,0965.1k $282.6k $282.6k 0.15% Added +342 +342
97 COMERICA BANK 0.00% of their portfolio DALLAS, TX 5,0755.1k $281.4k $281.4k 0.00% Unchanged
98 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 4,9214.9k $272.9k $272.9k 0.00% Reduced -5.4k -5,407
99 BENJAMIN EDWARDS INC 0.00% of their portfolio Clayton, MO 4,8764.9k $270.4k $270.4k 0.00% Added +2 +2
100 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 4,7644.8k $264.2k $264.2k 0.01% Reduced -12 -12