Vault-13

ISHARES TR GVI

INTRM GOV CR ETF · ETP · CUSIP 464288612

267 institutional holders -16 vs Q2 2025
30,541,68430.5m shares reported held*
$3.3bnreported value*
18 new 125 added 85 reduced 25 sold out net bought ≈ $312.3m (+2.9m 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 ($1.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $107.44.

Trends to Q3 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: 283Q3 25: 267267Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 2025267

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 23: 133 bought or addedQ4 23: 114 cut or sold outQ1 24: 113 bought or addedQ1 24: 128 cut or sold outQ1 24Q2 24: 122 bought or addedQ2 24: 114 cut or sold outQ3 24: 140 bought or addedQ3 24: 97 cut or sold outQ3 24Q4 24: 135 bought or addedQ4 24: 112 cut or sold outQ1 25: 129 bought or addedQ1 25: 116 cut or sold outQ1 25Q2 25: 132 bought or addedQ2 25: 116 cut or sold outQ3 25: 143 bought or addedQ3 25: 110 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023133114
Q1 2024113128
Q2 2024122114
Q3 202414097
Q4 2024135112
Q1 2025129116
Q2 2025132116
Q3 2025143110

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ4 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 —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —
Numbers
QuarterCallsPutsP/C
Q4 2024$0$0—
Q1 2025$0$0—
Q2 2025$0$640.7k—
Q3 2025$0$0—

Biggest buyers

Choate Investment Advisors New +1,882,646+1.9m
STIFEL FINANCIAL CORP Added +916,123+916.1k
JPMORGAN CHASE & CO Added +481,239+481.2k
CIBC Private Wealth Group LLC Added +176,427+176.4k
Cetera Investment Advisers Added +57,825+57.8k
D L CARLSON INVESTMENT GROUP INC Added +48,907+48.9k
OSAIC HOLDINGS, INC. Added +44,478+44.5k
Midwest Trust Co Added +40,329+40.3k
WEBSTER BANK, N. A. Added +39,020+39.0k
KEYBANK NATIONAL ASSOCIATION/OH Added +34,861+34.9k

Biggest sellers

ROYAL BANK OF CANADA Reduced -226,111-226.1k
FIFTH THIRD BANCORP Reduced -163,162-163.2k
BANK OF AMERICA CORP /DE/ Reduced -142,732-142.7k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Sold out -115,707-115.7k
OARSMAN CAPITAL, INC. Reduced -103,298-103.3k
FLOW TRADERS U.S. LLC Sold out -68,197-68.2k
FIRST MERCHANTS CORP Reduced -49,693-49.7k
HSBC HOLDINGS PLC Sold out -46,841-46.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -43,320-43.3k
JANE STREET GROUP, LLC Sold out -39,609-39.6k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 STIFEL FINANCIAL CORP 0.25% of their portfolio ST. LOUIS, MO 2,594,2102.6m $278.7m $278.7m 0.25% Added +916.1k +916,123
2 EASTERN BANK 4.57% of their portfolio BOSTON, MA 2,393,6172.4m $257.2m $257.2m 4.57% Added +16.1k +16,097
3 Choate Investment Advisors 4.18% of their portfolio BOSTON, MA 1,882,6461.9m $202.3m $202.3m 4.18% New
4 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,492,0711.5m $160.3m $160.3m 0.01% Reduced -142.7k -142,732
5 CIBC Private Wealth Group LLC 0.22% of their portfolio ATLANTA, GA 1,177,8591.2m $126.5m $126.5m 0.22% Added +176.4k +176,427
6 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,081,3411.1m $116.2m $116.2m 0.03% Added +30.9k +30,928
7 Midwest Trust Co 1.46% of their portfolio Overland Park, KS 1,047,7281.0m $112.6m $112.6m 1.46% Added +40.3k +40,329
8 KEYBANK NATIONAL ASSOCIATION/OH 0.38% of their portfolio BROOKLYN, OH 995,472995.5k $107.0m $107.0m 0.38% Added +34.9k +34,861
9 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 990,450990.5k $106.4m $106.4m 0.00% Added +481.2k +481,239
10 FIFTH THIRD BANCORP 0.33% of their portfolio CINCINNATI, OH 961,950962.0k $103.3m $103.3m 0.33% Reduced -163.2k -163,162
11 GERMAN AMERICAN BANCORP, INC. 8.01% of their portfolio JASPER, IN 843,986844.0k $90.7m $90.7m 8.01% Added +10.5k +10,482
12 UMB Bank, n.a. 1.23% of their portfolio Kansas City, MO 780,248780.2k $83.8m $83.8m 1.23% Added +24.1k +24,050
13 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 616,457616.5k $66.2m $66.2m 0.04% Added +9.4k +9,430
14 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 593,236593.2k $63.7m $63.7m 0.01% Added +10.9k +10,943
15 SYNOVUS FINANCIAL CORP 0.71% of their portfolio Columbus, GA 576,665576.7k $62.0m $62.0m 0.71% Added +14.8k +14,800
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 487,129487.1k $52.3m $52.3m 0.00% Reduced -14.2k -14,157
17 D L CARLSON INVESTMENT GROUP INC 8.12% of their portfolio CONCORD, NH 450,331450.3k $48.4m $48.4m 8.12% Added +48.9k +48,907
18 TCV Trust & Wealth Management, Inc. 3.77% of their portfolio RICHMOND, VA 419,430419.4k $45.1m $45.1m 3.77% Added +10.5k +10,475
19 DT Investment Partners, LLC 3.29% of their portfolio CHADDS FORD, PA 361,852361.9k $38.9m $38.9m 3.29% Added +8.1k +8,107
20 HOWE & RUSLING INC 2.65% of their portfolio ROCHESTER, NY 360,333360.3k $38.7m $38.7m 2.65% Added +22.6k +22,634
21 US BANCORP \DE\ 0.05% of their portfolio MINNEAPOLIS, MN 353,490353.5k $38.0m $38.0m 0.05% Reduced -15.3k -15,302
22 BlackRock, Inc. 0.00% of their portfolio New York, NY 317,233317.2k $34.1m $34.1m 0.00% Reduced -992 -992
23 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 307,951308.0k $33.1m $33.1m 0.01% Added +29.5k +29,493
24 ASSETMARK, INC 0.07% of their portfolio CONCORD, CA 287,030287.0k $30.8m $30.8m 0.07% Reduced -14.8k -14,786
25 New York Life Investment Management LLC 0.27% of their portfolio New York, NY 286,461286.5k $30.8m $30.8m 0.27% Unchanged
26 HORIZON BANCORP INC /IN/ 14.66% of their portfolio MICHIGAN CITY, IN 286,189286.2k $30.7m $30.7m 14.66% Added +18.4k +18,437
27 Strategic Financial Services, Inc. 1.50% of their portfolio UTICA, NY 278,586278.6k $29.9m $29.9m 1.50% Reduced -5.6k -5,584
28 Allianz Asset Management GmbH 0.03% of their portfolio MUNICH, 2M 251,147251.1k $27.0m $27.0m 0.03% Reduced -8.7k -8,670
29 Alaska Permanent Capital Management, LLC 1.95% of their portfolio ANCHORAGE, AK 246,671246.7k $26.5m $26.5m 1.95% Added +9.8k +9,819
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 237,383237.4k $25.5m $25.5m 0.00% Reduced -226.1k -226,111
31 FLPUTNAM INVESTMENT MANAGEMENT CO 0.36% of their portfolio PORTLAND, ME 226,406226.4k $24.3m $24.3m 0.36% Added +27.1k +27,062
32 Koss-Olinger Consulting, LLC 1.99% of their portfolio GAINESVILLE, FL 225,538225.5k $24.1m $24.1m 1.99% Reduced -834 -834
33 OARSMAN CAPITAL, INC. 3.31% of their portfolio MILWAUKEE, WI 219,518219.5k $23.6m $23.6m 3.31% Reduced -103.3k -103,298
34 DAVENPORT & Co LLC 0.13% of their portfolio RICHMOND, VA 219,278219.3k $23.6m $23.6m 0.13% Added +5.5k +5,522
35 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 212,109212.1k $22.8m $22.8m 0.01% Added +23.2k +23,184
36 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 210,632210.6k $22.6m $22.6m 0.03% Added +57.8k +57,825
37 CAPTRUST FINANCIAL ADVISORS 0.04% of their portfolio RALEIGH, NC 195,730195.7k $21.0m $21.0m 0.04% Added +11.9k +11,902
38 MERIDIAN MANAGEMENT CO 5.56% of their portfolio LITTLE ROCK, AR 193,366193.4k $20.8m $20.8m 5.56% Added +10.9k +10,923
39 COUNTRY CLUB BANK 1.14% of their portfolio KANSAS CITY, MO 178,469178.5k $19.2m $19.2m 1.14% Added +1.7k +1,729
40 BESSEMER GROUP INC 0.03% of their portfolio WOODBRIDGE, NJ 165,297165.3k $17.8m $17.8m 0.03% Added +8.1k +8,116
41 FIRST CITIZENS BANK & TRUST CO 0.38% of their portfolio RALEIGH, NC 163,744163.7k $17.6m $17.6m 0.38% Reduced -12.2k -12,170
42 Envestnet Portfolio Solutions, Inc. 0.06% of their portfolio BERWYN, PA 155,760155.8k $16.7m $16.7m 0.06% Reduced -26.3k -26,254
43 WASHINGTON TRUST Co 0.54% of their portfolio WESTERLY, RI 154,605154.6k $16.6m $16.6m 0.54% Added +2.7k +2,728
44 M&T Bank Corp 0.05% of their portfolio BUFFALO, NY 152,126152.1k $16.3m $16.3m 0.05% Added +32.2k +32,220
45 GREENLEAF TRUST 0.14% of their portfolio KALAMAZOO, MI 146,316146.3k $15.7m $15.7m 0.14% Reduced -12.6k -12,574
46 WEBSTER BANK, N. A. 1.49% of their portfolio WATERBURY, CT 144,139144.1k $15.5m $15.5m 1.49% Added +39.0k +39,020
47 GREENWOOD CAPITAL ASSOCIATES LLC 1.70% of their portfolio GREENWOOD, SC 137,157137.2k $14.7m $14.7m 1.70% Added +1.9k +1,852
48 Composition Wealth, LLC 0.21% of their portfolio LOS ANGELES, CA 130,471130.5k $14.0m $14.0m 0.21% Added +12.3k +12,350
49 BOKF, NA 0.19% of their portfolio TULSA, OK 119,080119.1k $12.8m $12.8m 0.19% Unchanged
50 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 118,152118.2k $12.7m $12.7m 0.02% Added +44.5k +44,478
51 FIRST AMERICAN TRUST, FSB 0.92% of their portfolio SANTA ANA, CA 117,459117.5k $12.6m $12.6m 0.92% Reduced -34.1k -34,131
52 LOWE BROCKENBROUGH & CO INC 0.63% of their portfolio RICHMOND, VA 114,745114.7k $12.3m $12.3m 0.63% Reduced -3.9k -3,899
53 COMMUNITY TRUST & INVESTMENT CO 0.66% of their portfolio LEXINGTON, KY 113,828113.8k $12.2m $12.2m 0.66% Added +3.9k +3,908
54 Johnson Financial Group, Inc. 0.44% of their portfolio RACINE, WI 107,914107.9k $11.6m $11.6m 0.44% Added +3.1k +3,067
55 Badgley Phelps Wealth Managers, LLC 0.24% of their portfolio SEATTLE, WA 106,957107.0k $11.5m $11.5m 0.24% Added +4.8k +4,782
56 Community Financial Services Group, LLC 2.10% of their portfolio NEWPORT, VT 106,617106.6k $11.5m $11.5m 2.10% Added +3.4k +3,392
57 HANTZ FINANCIAL SERVICES, INC. 0.17% of their portfolio SOUTHFIELD, MI 102,541102.5k $11.0m $11.0m 0.17% Reduced -16.1k -16,103
58 Independent Solutions Wealth Management, LLC 1.77% of their portfolio Williamsville, NY 92,93892.9k $10.0m $10.0m 1.77% Added +161 +161
59 Bank of New Hampshire 2.23% of their portfolio LACONIA, NH 90,06090.1k $9.7m $9.7m 2.23% Added +11.3k +11,291
60 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 82,92582.9k $8.9m $8.9m 0.01% Reduced -1.3k -1,309
61 Sepio Capital, LP 0.52% of their portfolio Salt Lake City, UT 81,51181.5k $8.8m $8.8m 0.52% Added +18.5k +18,527
62 COURIER CAPITAL LLC 0.50% of their portfolio BUFFALO, NY 81,13181.1k $8.7m $8.7m 0.50% Added +3.9k +3,913
63 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 78,32978.3k $8.4m $8.4m 0.02% Reduced -4.1k -4,077
64 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.06% of their portfolio IRVING, TX 77,93177.9k $8.4m $8.4m 0.06% Added +3.2k +3,235
65 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 76,49576.5k $8.2m $8.2m 0.00% Added +1.9k +1,925
66 UBS Group AG 0.00% of their portfolio ZURICH, V8 76,36176.4k $8.2m $8.2m 0.00% Added +22.5k +22,490
67 AMG National Trust Bank 0.19% of their portfolio GREENWOOD VILLAGE, CO 71,73371.7k $7.7m $7.7m 0.19% Reduced -3.2k -3,243
68 C M BIDWELL & ASSOCIATES LTD 3.46% of their portfolio HONOLULU, HI 66,98567.0k $7.2m $7.2m 3.46% Added +8.7k +8,655
69 SVB WEALTH LLC 0.38% of their portfolio BOSTON, MA 65,32865.3k $7.0m $7.0m 0.38% Added +11.4k +11,364
70 CHOREO, LLC 0.09% of their portfolio ROCKFORD, IL 62,19662.2k $6.7m $6.7m 0.09% Added +736 +736
71 Bryn Mawr Trust Advisors, LLC 0.32% of their portfolio PHILADELPHIA, PA 59,73959.7k $6.4m $6.4m 0.32% Added +6.5k +6,469
72 First National Trust Co 0.22% of their portfolio Johnstown, PA 59,57859.6k $6.4m $6.4m 0.22% Reduced -1.0k -1,004
73 Sequoia Financial Advisors, LLC 0.04% of their portfolio Akron, OH 57,52857.5k $6.2m $6.2m 0.04% Reduced -7.5k -7,497
74 RAFFA WEALTH MANAGEMENT, LLC 1.08% of their portfolio WASHINGTON, DC 55,85055.9k $6.0m $6.0m 1.08% Added +4.9k +4,939
75 OneAscent Financial Services LLC 0.39% of their portfolio BIRMINGHAM, AL 54,70354.7k $5.9m $5.9m 0.39% Added +835 +835
76 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 50,78950.8k $5.5m $5.5m 0.01% Reduced -124 -124
77 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 50,45550.5k $5.4m $5.4m 0.02% Reduced -3.5k -3,501
78 Atria Investments, Inc 0.06% of their portfolio Charlotte, NC 49,09449.1k $5.3m $5.3m 0.06% Added +668 +668
79 WHITTIER TRUST CO 0.06% of their portfolio SOUTH PASADENA, CA 48,68048.7k $5.2m $5.2m 0.06% Reduced -3.0k -2,951
80 1ST SOURCE BANK 0.27% of their portfolio SOUTH BEND, IN 46,80546.8k $5.0m $5.0m 0.27% Added +988 +988
81 MERITAGE PORTFOLIO MANAGEMENT 0.33% of their portfolio OVERLAND PARK, KS 46,19546.2k $5.0m $5.0m 0.33% Reduced -2.1k -2,114
82 Patriot Financial Group Insurance Agency, LLC 0.62% of their portfolio Westborough, MA 45,43945.4k $4.9m $4.9m 0.62% Added +2.7k +2,715
83 Trail Ridge Investment Advisors, LLC 2.16% of their portfolio FORT COLLINS, CO 44,92144.9k $4.8m $4.8m 2.16% Added +236 +236
84 MassMutual Private Wealth & Trust, FSB 0.12% of their portfolio Windsor, CT 42,91442.9k $4.6m $4.6m 0.12% Added +312 +312
85 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 41,46741.5k $4.5m $4.5m 0.02% Added +534 +534
86 COMMERCE BANK 0.02% of their portfolio KANSAS CITY, MO 41,27041.3k $4.4m $4.4m 0.02% Reduced -2.5k -2,540
87 Haverford Trust Co 0.04% of their portfolio Radnor, PA 39,68639.7k $4.3m $4.3m 0.04% Added +950 +950
88 Severin Investments, LLC 3.76% of their portfolio ST. LOUIS, MO 39,28839.3k $4.2m $4.2m 3.76% Reduced -1.0k -1,024
89 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 37,94537.9k $4.1m $4.1m 0.00% Added +3.4k +3,424
90 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 37,84437.8k $4.1m $4.1m 0.01% Added +3.2k +3,175
91 TUCKER ASSET MANAGEMENT LLC 1.18% of their portfolio LITTLETON, CO 36,44636.4k $3.9m $3.9m 1.18% Reduced -10.4k -10,423
92 Gilbert Capital Group, Inc. 2.95% of their portfolio NORTH YARMOUTH, ME 35,51035.5k $3.8m $3.8m 2.95% Added +3.2k +3,151
93 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 34,25634.3k $3.7m $3.7m 0.00% Reduced -3.7k -3,662
94 Argent Trust Co 0.12% of their portfolio NASHVILLE, TN 32,57032.6k $3.5m $3.5m 0.12% Added +6.7k +6,663
95 Wealthstar Advisors, LLC 1.34% of their portfolio Plano, TX 31,67731.7k $3.4m $3.4m 1.34% Reduced -4.7k -4,703
96 Global Retirement Partners, LLC 0.08% of their portfolio San Rafael, CA 31,64031.6k $3.4m $3.4m 0.08% Unchanged
97 FIRST NATIONAL BANK OF OMAHA 0.20% of their portfolio OMAHA, NE 29,97030.0k $3.2m $3.2m 0.20% Unchanged
98 WHITTIER TRUST CO OF NEVADA INC 0.07% of their portfolio RENO, NV 29,60729.6k $3.2m $3.2m 0.07% Unchanged
99 Advocacy Wealth Management, LLC 0.14% of their portfolio ATLANTA, GA 29,11529.1k $3.1m $3.1m 0.14% New
100 JIM SAULNIER & ASSOCIATES, LLC 1.69% of their portfolio FORT COLLINS, CO 28,26428.3k $3.0m $3.0m 1.69% Reduced -5.1k -5,129