Vault-13

ISHARES TR GVI

INTRM GOV CR ETF · ETP · CUSIP 464288612

283 institutional holders +10 vs Q1 2025
27,806,25527.8m shares reported held*
$3.0bnreported value*
25 new 107 added 96 reduced 20 sold out net sold ≈ $98.1m (-917.9k 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 ($635.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $106.80. Options: 0 managers hold calls (— notional), 1 hold puts ($640.7k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 222Q4 22: 234Q1 23: 223Q2 23: 239Q3 23: 246Q4 23: 273Q1 24: 265Q2 24: 261Q3 24: 271Q4 24: 280Q1 25: 273Q2 25: 283283Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022222
Q4 2022234
Q1 2023223
Q2 2023239
Q3 2023246
Q4 2023273
Q1 2024265
Q2 2024261
Q3 2024271
Q4 2024280
Q1 2025273
Q2 2025283

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 105 bought or addedQ3 23: 110 cut or sold outQ4 23: 133 bought or addedQ4 23: 114 cut or sold outQ4 23Q1 24: 113 bought or addedQ1 24: 128 cut or sold outQ2 24: 122 bought or addedQ2 24: 114 cut or sold outQ2 24Q3 24: 140 bought or addedQ3 24: 97 cut or sold outQ4 24: 135 bought or addedQ4 24: 112 cut or sold outQ4 24Q1 25: 129 bought or addedQ1 25: 116 cut or sold outQ2 25: 132 bought or addedQ2 25: 116 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023105110
Q4 2023133114
Q1 2024113128
Q2 2024122114
Q3 202414097
Q4 2024135112
Q1 2025129116
Q2 2025132116

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $0Q2 25 puts: $640.7kQ2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$0$0—
Q1 2025$0$0—
Q2 2025$0$640.7k—

Biggest buyers

EASTERN BANK Added +525,731+525.7k
ROYAL BANK OF CANADA Added +236,007+236.0k
Composition Wealth, LLC New +118,121+118.1k
CIBC Private Wealth Group LLC Added +92,851+92.9k
KEYBANK NATIONAL ASSOCIATION/OH Added +76,643+76.6k
FLOW TRADERS U.S. LLC New +68,197+68.2k
SVB WEALTH LLC New +53,964+54.0k
OSAIC HOLDINGS, INC. Added +48,094+48.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +46,482+46.5k
D L CARLSON INVESTMENT GROUP INC Added +42,378+42.4k

Biggest sellers

FINANCIAL COUNSELORS INC Sold out -980,095-980.1k
JPMORGAN CHASE & CO Reduced -287,530-287.5k
BANK OF AMERICA CORP /DE/ Reduced -190,629-190.6k
STIFEL FINANCIAL CORP Reduced -181,808-181.8k
CONNING INC. Sold out -117,107-117.1k
MORGAN STANLEY Reduced -93,572-93.6k
ENVESTNET ASSET MANAGEMENT INC Reduced -79,054-79.1k
CITADEL ADVISORS LLC Reduced -65,233-65.2k
CORNERSTONE PARTNERS CAPITAL MANAGEMENT, LLC Sold out -64,257-64.3k
COMERICA BANK Reduced -56,933-56.9k

Biggest calls

None

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $640.7k6.0k 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 EASTERN BANK 4.83% of their portfolio BOSTON, MA 2,377,5202.4m $253.9m $253.9m 4.83% Added +525.7k +525,731
2 STIFEL FINANCIAL CORP 0.17% of their portfolio ST. LOUIS, MO 1,678,0871.7m $179.2m $179.2m 0.17% Reduced -181.8k -181,808
3 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,634,8031.6m $174.6m $174.6m 0.01% Reduced -190.6k -190,629
4 FIFTH THIRD BANCORP 0.42% of their portfolio CINCINNATI, OH 1,125,1121.1m $120.2m $120.2m 0.42% Reduced -23.1k -23,124
5 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,050,4131.1m $112.2m $112.2m 0.03% Reduced -79.1k -79,054
6 Midwest Trust Co 1.49% of their portfolio Overland Park, KS 1,007,3991.0m $107.6m $107.6m 1.49% First filing
7 CIBC Private Wealth Group LLC 0.19% of their portfolio ATLANTA, GA 1,001,4321.0m $106.9m $106.9m 0.19% Added +92.9k +92,851
8 KEYBANK NATIONAL ASSOCIATION/OH 0.38% of their portfolio BROOKLYN, OH 960,611960.6k $102.6m $102.6m 0.38% Added +76.6k +76,643
9 GERMAN AMERICAN BANCORP, INC. 8.69% of their portfolio JASPER, IN 833,504833.5k $89.0m $89.0m 8.69% Added +2.7k +2,716
10 UMB Bank, n.a. 1.26% of their portfolio Kansas City, MO 756,198756.2k $80.8m $80.8m 1.26% Reduced -43.5k -43,464
11 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 607,027607.0k $64.8m $64.8m 0.04% Reduced -417 -417
12 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 582,293582.3k $62.2m $62.2m 0.01% Added +19.6k +19,637
13 SYNOVUS FINANCIAL CORP 0.73% of their portfolio Columbus, GA 561,865561.9k $60.0m $60.0m 0.73% Added +31.8k +31,793
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 509,211509.2k $54.4m $54.4m 0.00% Reduced -287.5k -287,530
15 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 501,286501.3k $53.5m $53.5m 0.00% Reduced -93.6k -93,572
16 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 463,494463.5k $49.5m $49.5m 0.00% Added +236.0k +236,007
17 TCV Trust & Wealth Management, Inc. 3.82% of their portfolio RICHMOND, VA 408,955409.0k $43.7m $43.7m 3.82% Added +13.3k +13,277
18 D L CARLSON INVESTMENT GROUP INC 7.81% of their portfolio CONCORD, NH 401,424401.4k $42.9m $42.9m 7.81% Added +42.4k +42,378
19 US BANCORP \DE\ 0.05% of their portfolio MINNEAPOLIS, MN 368,792368.8k $39.4m $39.4m 0.05% Reduced -30.3k -30,269
20 DT Investment Partners, LLC 3.39% of their portfolio CHADDS FORD, PA 353,745353.7k $37.8m $37.8m 3.39% Reduced -22.2k -22,249
21 HOWE & RUSLING INC 2.66% of their portfolio ROCHESTER, NY 337,699337.7k $36.1m $36.1m 2.66% Reduced -20.5k -20,529
22 OARSMAN CAPITAL, INC. 5.41% of their portfolio MILWAUKEE, WI 322,816322.8k $34.5m $34.5m 5.41% Added +12.7k +12,715
23 BlackRock, Inc. 0.00% of their portfolio New York, NY 318,225318.2k $34.0m $34.0m 0.00% Reduced -2.6k -2,649
24 ASSETMARK, INC 0.08% of their portfolio CONCORD, CA 301,816301.8k $32.2m $32.2m 0.08% Reduced -9.7k -9,666
25 New York Life Investment Management LLC 0.29% of their portfolio New York, NY 286,461286.5k $30.6m $30.6m 0.29% Unchanged
26 Strategic Financial Services, Inc. 1.63% of their portfolio UTICA, NY 284,170284.2k $30.3m $30.3m 1.63% Reduced -14.8k -14,807
27 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 278,458278.5k $29.7m $29.7m 0.01% Added +13.3k +13,297
28 HORIZON BANCORP INC /IN/ 14.39% of their portfolio MICHIGAN CITY, IN 267,752267.8k $28.6m $28.6m 14.39% Reduced -5.2k -5,215
29 Allianz Asset Management GmbH 0.04% of their portfolio MUNICH, 2M 259,817259.8k $27.7m $27.7m 0.04% Added +813 +813
30 Alaska Permanent Capital Management, LLC 1.96% of their portfolio ANCHORAGE, AK 236,852236.9k $25.3m $25.3m 1.96% Added +36.4k +36,436
31 Koss-Olinger Consulting, LLC 1.98% of their portfolio GAINESVILLE, FL 226,372226.4k $24.2m $24.2m 1.98% Reduced -22.6k -22,594
32 DAVENPORT & Co LLC 0.13% of their portfolio RICHMOND, VA 213,756213.8k $22.8m $22.8m 0.13% Added +7.7k +7,676
33 FLPUTNAM INVESTMENT MANAGEMENT CO 0.37% of their portfolio PORTLAND, ME 199,344199.3k $21.3m $21.3m 0.37% Added +217 +217
34 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 188,925188.9k $20.2m $20.2m 0.01% Reduced -38.8k -38,807
35 CAPTRUST FINANCIAL ADVISORS 0.04% of their portfolio RALEIGH, NC 183,828183.8k $19.6m $19.6m 0.04% Added +9.9k +9,923
36 MERIDIAN MANAGEMENT CO 5.31% of their portfolio LITTLE ROCK, AR 182,443182.4k $19.4m $19.4m 5.31% Added +15.6k +15,628
37 Envestnet Portfolio Solutions, Inc. 0.07% of their portfolio BERWYN, PA 182,014182.0k $19.4m $19.4m 0.07% Reduced -3.4k -3,430
38 COUNTRY CLUB BANK 1.19% of their portfolio KANSAS CITY, MO 176,740176.7k $18.8m $18.8m 1.19% Added +3.8k +3,810
39 FIRST CITIZENS BANK & TRUST CO 0.34% of their portfolio RALEIGH, NC 175,914175.9k $18.8m $18.8m 0.34% Reduced -1.7k -1,708
40 GREENLEAF TRUST 0.15% of their portfolio KALAMAZOO, MI 158,890158.9k $17.0m $17.0m 0.15% Reduced -11.6k -11,646
41 BESSEMER GROUP INC 0.03% of their portfolio WOODBRIDGE, NJ 157,181157.2k $16.8m $16.8m 0.03% Added +2.5k +2,474
42 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 152,807152.8k $16.3m $16.3m 0.03% Added +907 +907
43 WASHINGTON TRUST Co 0.57% of their portfolio WESTERLY, RI 151,877151.9k $16.2m $16.2m 0.57% Reduced -2.9k -2,946
44 FIRST AMERICAN TRUST, FSB 1.29% of their portfolio SANTA ANA, CA 151,590151.6k $16.2m $16.2m 1.29% Added +1.8k +1,831
45 GREENWOOD CAPITAL ASSOCIATES LLC 1.80% of their portfolio GREENWOOD, SC 135,305135.3k $14.4m $14.4m 1.80% Added +1.9k +1,947
46 M&T Bank Corp 0.04% of their portfolio BUFFALO, NY 119,906119.9k $12.8m $12.8m 0.04% Added +7.1k +7,133
47 BOKF, NA 0.21% of their portfolio TULSA, OK 119,080119.1k $12.7m $12.7m 0.21% Unchanged
48 LOWE BROCKENBROUGH & CO INC 0.71% of their portfolio RICHMOND, VA 118,644118.6k $12.7m $12.7m 0.71% Added +333 +333
49 HANTZ FINANCIAL SERVICES, INC. 0.20% of their portfolio SOUTHFIELD, MI 118,644118.6k $12.7m $12.7m 0.20% Reduced -1.5k -1,474
50 Composition Wealth, LLC 0.21% of their portfolio LOS ANGELES, CA 118,121118.1k $12.6m $12.6m 0.21% New
51 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 115,707115.7k $12.4m $12.4m 0.00% Reduced -2.9k -2,929
52 COMMUNITY TRUST & INVESTMENT CO 0.68% of their portfolio LEXINGTON, KY 109,920109.9k $11.7m $11.7m 0.68% Added +25.8k +25,831
53 WEBSTER BANK, N. A. 1.16% of their portfolio WATERBURY, CT 105,119105.1k $11.2m $11.2m 1.16% Added +10.4k +10,365
54 Johnson Financial Group, Inc. 0.50% of their portfolio RACINE, WI 104,847104.8k $11.2m $11.2m 0.50% Reduced -10.5k -10,458
55 Community Financial Services Group, LLC 2.19% of their portfolio NEWPORT, VT 103,225103.2k $11.0m $11.0m 2.19% Added +3.3k +3,319
56 Badgley Phelps Wealth Managers, LLC 0.24% of their portfolio SEATTLE, WA 102,175102.2k $10.9m $10.9m 0.24% Added +3.1k +3,052
57 Independent Solutions Wealth Management, LLC 1.93% of their portfolio Williamsville, NY 92,77792.8k $9.9m $9.9m 1.93% Added +13 +13
58 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 84,23484.2k $8.9m $8.9m 0.01% Reduced -1.7k -1,715
59 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 82,40682.4k $8.8m $8.8m 0.03% Reduced -2.7k -2,651
60 Bank of New Hampshire 2.09% of their portfolio LACONIA, NH 78,76978.8k $8.4m $8.4m 2.09% Added +6.3k +6,323
61 COURIER CAPITAL LLC 0.50% of their portfolio BUFFALO, NY 77,21877.2k $8.2m $8.2m 0.50% Added +4.6k +4,587
62 FIRST MERCHANTS CORP 0.31% of their portfolio Muncie, IN 75,65475.7k $8.1m $8.1m 0.31% Reduced -10.8k -10,793
63 AMG National Trust Bank 0.21% of their portfolio GREENWOOD VILLAGE, CO 74,97675.0k $8.0m $8.0m 0.21% Added +3.0k +2,959
64 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.06% of their portfolio IRVING, TX 74,69674.7k $8.0m $8.0m 0.06% Added +104 +104
65 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 74,57074.6k $8.0m $8.0m 0.00% Reduced -1.2k -1,179
66 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 73,67473.7k $7.8m $7.8m 0.01% Added +48.1k +48,094
67 FLOW TRADERS U.S. LLC 0.27% of their portfolio NEW YORK, NY 68,19768.2k $7.3m $7.3m 0.27% New
68 Sequoia Financial Advisors, LLC 0.05% of their portfolio Akron, OH 65,02565.0k $6.9m $6.9m 0.05% Added +2.9k +2,854
69 Sepio Capital, LP 0.48% of their portfolio Salt Lake City, UT 62,98463.0k $6.7m $6.7m 0.48% Added +5.6k +5,629
70 CHOREO, LLC 0.09% of their portfolio ROCKFORD, IL 61,46061.5k $6.6m $6.6m 0.09% Unchanged
71 First National Trust Co 0.24% of their portfolio Johnstown, PA 60,58260.6k $6.5m $6.5m 0.24% Added +412 +412
72 C M BIDWELL & ASSOCIATES LTD 3.23% of their portfolio HONOLULU, HI 58,33058.3k $6.2m $6.2m 3.23% Added +330 +330
73 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 56,80256.8k $6.1m $6.1m 0.01% Added +46.5k +46,482
74 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 56,02556.0k $6.0m $6.0m 0.01% Added +3.7k +3,693
75 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 55,30055.3k $5.9m $5.9m 0.01% Added +2.5k +2,500
76 SVB WEALTH LLC 0.31% of their portfolio BOSTON, MA 53,96454.0k $5.8m $5.8m 0.31% New
77 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 53,95654.0k $5.8m $5.8m 0.03% Added +837 +837
78 UBS Group AG 0.00% of their portfolio ZURICH, V8 53,87153.9k $5.8m $5.8m 0.00% Added +2.9k +2,912
79 OneAscent Financial Services LLC 0.41% of their portfolio BIRMINGHAM, AL 53,86853.9k $5.7m $5.7m 0.41% Reduced -53.3k -53,274
80 Bryn Mawr Trust Advisors, LLC 0.31% of their portfolio PHILADELPHIA, PA 53,27053.3k $5.7m $5.7m 0.31% Reduced -8.8k -8,820
81 WHITTIER TRUST CO 0.07% of their portfolio SOUTH PASADENA, CA 51,63151.6k $5.5m $5.5m 0.07% Reduced -2.0k -2,023
82 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 50,91350.9k $5.4m $5.4m 0.01% Reduced -31.9k -31,860
83 RAFFA WEALTH MANAGEMENT, LLC 1.09% of their portfolio WASHINGTON, DC 50,91150.9k $5.4m $5.4m 1.09% Added +365 +365
84 Atria Investments, Inc 0.06% of their portfolio Charlotte, NC 48,42648.4k $5.2m $5.2m 0.06% Added +1.2k +1,242
85 MERITAGE PORTFOLIO MANAGEMENT 0.33% of their portfolio OVERLAND PARK, KS 48,30948.3k $5.2m $5.2m 0.33% Reduced -199 -199
86 CW Advisors, LLC 0.05% of their portfolio BOSTON, MA 47,82247.8k $5.1m $5.1m 0.05% Added +5.7k +5,746
87 AVANTAX ADVISORY SERVICES, INC. 0.03% of their portfolio DALLAS, TX 47,32747.3k $5.1m $5.1m 0.03% Added +5.1k +5,062
88 TUCKER ASSET MANAGEMENT LLC 1.60% of their portfolio LITTLETON, CO 46,86946.9k $5.0m $5.0m 1.60% Reduced -4.2k -4,181
89 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 46,84146.8k $5.0m $5.0m 0.00% Reduced -965 -965
90 1ST SOURCE BANK 0.27% of their portfolio SOUTH BEND, IN 45,81745.8k $4.9m $4.9m 0.27% Reduced -2.5k -2,547
91 Trail Ridge Investment Advisors, LLC 2.29% of their portfolio FORT COLLINS, CO 44,68544.7k $4.8m $4.8m 2.29% Added +1.1k +1,116
92 COMMERCE BANK 0.03% of their portfolio KANSAS CITY, MO 43,81043.8k $4.7m $4.7m 0.03% Reduced -4.4k -4,356
93 Patriot Financial Group Insurance Agency, LLC 0.52% of their portfolio Westborough, MA 42,72442.7k $4.6m $4.6m 0.52% Added +1.3k +1,263
94 MassMutual Private Wealth & Trust, FSB 0.12% of their portfolio Windsor, CT 42,60242.6k $4.5m $4.5m 0.12% Added +2.4k +2,412
95 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 40,93340.9k $4.4m $4.4m 0.02% Reduced -5.0k -5,013
96 Severin Investments, LLC 4.04% of their portfolio ST. LOUIS, MO 40,31240.3k $4.3m $4.3m 4.04% Reduced -2.5k -2,501
97 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 39,60939.6k $4.2m $4.2m 0.01% New
98 Haverford Trust Co 0.04% of their portfolio Radnor, PA 38,73638.7k $4.1m $4.1m 0.04% Added +2.5k +2,516
99 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 37,91837.9k $4.0m $4.0m 0.00% Reduced -957 -957
100 Wealthstar Advisors, LLC 1.46% of their portfolio Plano, TX 36,38036.4k $3.9m $3.9m 1.46% Reduced -11.8k -11,783