Vault-13

ISHARES TR GVI

INTRM GOV CR ETF · ETP · CUSIP 464288612

290 institutional holders +23 vs Q3 2025
31,449,24331.4m shares reported held*
$3.4bnreported value*
28 new 121 added 83 reduced 15 sold out net bought ≈ $33.7m (+313.1k 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 ($753.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $107.36.

Trends to Q4 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: 267Q4 25: 290290Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025290

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 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 25Q3 25: 143 bought or addedQ3 25: 110 cut or sold outQ4 25: 149 bought or addedQ4 25: 98 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024113128
Q2 2024122114
Q3 202414097
Q4 2024135112
Q1 2025129116
Q2 2025132116
Q3 2025143110
Q4 202514998

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ1 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 —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —
Numbers
QuarterCallsPutsP/C
Q1 2025$0$0—
Q2 2025$0$640.7k—
Q3 2025$0$0—
Q4 2025$0$0—

Biggest buyers

Choate Investment Advisors Added +214,866+214.9k
FIRST NATIONAL BANK OF OMAHA Added +187,405+187.4k
Midwest Trust Co Added +132,470+132.5k
COMMERCE BANK Added +127,331+127.3k
PNC Financial Services Group, Inc. Added +111,677+111.7k
BlackRock, Inc. Added +100,895+100.9k
HSBC HOLDINGS PLC New +92,384+92.4k
CIBC Private Wealth Group LLC Added +85,823+85.8k
EASTERN BANK Added +75,187+75.2k
Koss-Olinger Consulting, LLC Added +43,732+43.7k

Biggest sellers

JPMORGAN CHASE & CO Reduced -500,783-500.8k
STIFEL FINANCIAL CORP Reduced -384,704-384.7k
BANK OF AMERICA CORP /DE/ Reduced -198,947-198.9k
UMB Bank, n.a. Reduced -109,295-109.3k
FLPUTNAM INVESTMENT MANAGEMENT CO Reduced -62,942-62.9k
OneAscent Financial Services LLC Sold out -54,703-54.7k
MORGAN STANLEY Reduced -51,574-51.6k
COURIER CAPITAL LLC Reduced -50,032-50.0k
OSAIC HOLDINGS, INC. Reduced -49,603-49.6k
CAPTRUST FINANCIAL ADVISORS Reduced -34,931-34.9k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 EASTERN BANK 4.57% of their portfolio BOSTON, MA 2,468,8042.5m $265.0m $265.0m 4.57% Added +75.2k +75,187
2 STIFEL FINANCIAL CORP 0.21% of their portfolio ST. LOUIS, MO 2,209,5062.2m $237.2m $237.2m 0.21% Reduced -384.7k -384,704
3 Choate Investment Advisors 4.42% of their portfolio BOSTON, MA 2,097,5122.1m $225.2m $225.2m 4.42% Added +214.9k +214,866
4 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,293,1241.3m $138.8m $138.8m 0.01% Reduced -198.9k -198,947
5 CIBC Private Wealth Group LLC 0.23% of their portfolio ATLANTA, GA 1,263,6821.3m $135.7m $135.7m 0.23% Added +85.8k +85,823
6 Midwest Trust Co 1.58% of their portfolio Overland Park, KS 1,180,1981.2m $126.7m $126.7m 1.58% Added +132.5k +132,470
7 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,094,7621.1m $117.5m $117.5m 0.03% Added +13.4k +13,421
8 KEYBANK NATIONAL ASSOCIATION/OH 0.39% of their portfolio BROOKLYN, OH 1,005,3221.0m $107.9m $107.9m 0.39% Added +9.8k +9,850
9 FIFTH THIRD BANCORP 0.34% of their portfolio CINCINNATI, OH 986,626986.6k $105.9m $105.9m 0.34% Added +24.7k +24,676
10 GERMAN AMERICAN BANCORP, INC. 7.81% of their portfolio JASPER, IN 854,539854.5k $91.7m $91.7m 7.81% Added +10.6k +10,553
11 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 728,134728.1k $78.2m $78.2m 0.04% Added +111.7k +111,677
12 UMB Bank, n.a. 0.96% of their portfolio Kansas City, MO 670,953671.0k $72.0m $72.0m 0.96% Reduced -109.3k -109,295
13 John S. & James L. Knight Foundation, Inc. 53.42% of their portfolio MIAMI, FL 652,458652.5k $70.0m $70.0m 53.42% First filing
14 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 621,855621.9k $66.8m $66.8m 0.01% Added +28.6k +28,619
15 Pinnacle Financial Partners, Inc. 0.47% of their portfolio ATLANTA, GA 580,970581.0k $62.4m $62.4m 0.47% First filing
16 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 489,667489.7k $52.6m $52.6m 0.00% Reduced -500.8k -500,783
17 D L CARLSON INVESTMENT GROUP INC 8.45% of their portfolio CONCORD, NH 466,705466.7k $50.1m $50.1m 8.45% Added +16.4k +16,374
18 TCV Trust & Wealth Management, Inc. 3.87% of their portfolio RICHMOND, VA 446,728446.7k $48.0m $48.0m 3.87% Added +27.3k +27,298
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 435,555435.6k $46.8m $46.8m 0.00% Reduced -51.6k -51,574
20 BlackRock, Inc. 0.00% of their portfolio New York, NY 418,128418.1k $44.9m $44.9m 0.00% Added +100.9k +100,895
21 DT Investment Partners, LLC 3.48% of their portfolio CHADDS FORD, PA 391,709391.7k $42.0m $42.0m 3.48% Added +29.9k +29,857
22 HOWE & RUSLING INC 2.65% of their portfolio ROCHESTER, NY 373,765373.8k $40.1m $40.1m 2.65% Added +13.4k +13,432
23 US BANCORP \DE\ 0.04% of their portfolio MINNEAPOLIS, MN 339,817339.8k $36.5m $36.5m 0.04% Reduced -13.7k -13,673
24 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 337,669337.7k $36.2m $36.2m 0.01% Added +29.7k +29,718
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/ 14.77% of their portfolio MICHIGAN CITY, IN 282,625282.6k $30.3m $30.3m 14.77% Reduced -3.6k -3,564
27 ASSETMARK, INC 0.06% of their portfolio CONCORD, CA 280,039280.0k $30.1m $30.1m 0.06% Reduced -7.0k -6,991
28 Strategic Financial Services, Inc. 1.36% of their portfolio UTICA, NY 273,978274.0k $29.4m $29.4m 1.36% Reduced -4.6k -4,608
29 Koss-Olinger Consulting, LLC 2.24% of their portfolio GAINESVILLE, FL 269,270269.3k $28.9m $28.9m 2.24% Added +43.7k +43,732
30 Allianz Asset Management GmbH 0.03% of their portfolio MUNICH, 2M 254,978255.0k $27.4m $27.4m 0.03% Added +3.8k +3,831
31 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 249,617249.6k $26.8m $26.8m 0.00% Added +12.2k +12,234
32 Alaska Permanent Capital Management, LLC 2.02% of their portfolio ANCHORAGE, AK 249,057249.1k $26.7m $26.7m 2.02% Added +2.4k +2,386
33 OARSMAN CAPITAL, INC. 3.26% of their portfolio MILWAUKEE, WI 233,532233.5k $25.1m $25.1m 3.26% Added +14.0k +14,014
34 DAVENPORT & Co LLC 0.13% of their portfolio RICHMOND, VA 231,582231.6k $24.9m $24.9m 0.13% Added +12.3k +12,304
35 MERIDIAN MANAGEMENT CO 6.01% of their portfolio LITTLE ROCK, AR 226,003226.0k $24.3m $24.3m 6.01% Added +32.6k +32,637
36 FIRST NATIONAL BANK OF OMAHA 0.69% of their portfolio OMAHA, NE 217,375217.4k $23.4m $23.4m 0.69% Added +187.4k +187,405
37 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 213,481213.5k $22.9m $22.9m 0.01% Added +1.4k +1,372
38 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 208,368208.4k $22.4m $22.4m 0.02% Reduced -2.3k -2,264
39 COMMERCE BANK 0.10% of their portfolio KANSAS CITY, MO 168,601168.6k $18.1m $18.1m 0.10% Added +127.3k +127,331
40 BESSEMER GROUP INC 0.03% of their portfolio WOODBRIDGE, NJ 164,600164.6k $17.7m $17.7m 0.03% Reduced -697 -697
41 FLPUTNAM INVESTMENT MANAGEMENT CO 0.26% of their portfolio PORTLAND, ME 163,464163.5k $17.5m $17.5m 0.26% Reduced -62.9k -62,942
42 FIRST CITIZENS BANK & TRUST CO 0.37% of their portfolio RALEIGH, NC 163,027163.0k $17.5m $17.5m 0.37% Reduced -717 -717
43 M&T Bank Corp 0.06% of their portfolio BUFFALO, NY 162,906162.9k $17.5m $17.5m 0.06% Added +10.8k +10,780
44 WASHINGTON TRUST Co 0.57% of their portfolio WESTERLY, RI 161,515161.5k $17.3m $17.3m 0.57% Added +6.9k +6,910
45 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 160,799160.8k $17.3m $17.3m 0.03% Reduced -34.9k -34,931
46 Envestnet Portfolio Solutions, Inc. 0.06% of their portfolio BERWYN, PA 155,636155.6k $16.7m $16.7m 0.06% Reduced -124 -124
47 WEBSTER BANK, N. A. 1.54% of their portfolio WATERBURY, CT 152,495152.5k $16.4m $16.4m 1.54% Added +8.4k +8,356
48 BOKF, NA 0.23% of their portfolio TULSA, OK 139,273139.3k $15.0m $15.0m 0.23% Added +20.2k +20,193
49 Composition Wealth, LLC 0.21% of their portfolio LOS ANGELES, CA 138,867138.9k $14.9m $14.9m 0.21% Added +8.4k +8,396
50 GREENWOOD CAPITAL ASSOCIATES LLC 1.60% of their portfolio GREENWOOD, SC 136,885136.9k $14.7m $14.7m 1.60% Reduced -272 -272
51 GREENLEAF TRUST 0.13% of their portfolio KALAMAZOO, MI 131,804131.8k $14.1m $14.1m 0.13% Reduced -14.5k -14,512
52 COMMUNITY TRUST & INVESTMENT CO 0.65% of their portfolio LEXINGTON, KY 114,419114.4k $12.3m $12.3m 0.65% Added +591 +591
53 LOWE BROCKENBROUGH & CO INC 0.60% of their portfolio RICHMOND, VA 113,482113.5k $12.2m $12.2m 0.60% Reduced -1.3k -1,263
54 Badgley Phelps Wealth Managers, LLC 0.22% of their portfolio SEATTLE, WA 110,120110.1k $11.8m $11.8m 0.22% Added +3.2k +3,163
55 Community Financial Services Group, LLC 2.12% of their portfolio NEWPORT, VT 107,790107.8k $11.6m $11.6m 2.12% Added +1.2k +1,173
56 FIRST AMERICAN TRUST, FSB 0.75% of their portfolio SANTA ANA, CA 102,275102.3k $11.0m $11.0m 0.75% Reduced -15.2k -15,184
57 HANTZ FINANCIAL SERVICES, INC. 0.16% of their portfolio SOUTHFIELD, MI 98,78498.8k $10.6m $10.6m 0.16% Reduced -3.8k -3,757
58 Bank of New Hampshire 2.33% of their portfolio LACONIA, NH 96,58996.6k $10.4m $10.4m 2.33% Added +6.5k +6,529
59 Johnson Financial Group, Inc. 0.39% of their portfolio RACINE, WI 96,55996.6k $10.4m $10.4m 0.39% Reduced -11.4k -11,355
60 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 92,38492.4k $9.9m $9.9m 0.00% New
61 Independent Solutions Wealth Management, LLC 1.75% of their portfolio Williamsville, NY 88,57388.6k $9.5m $9.5m 1.75% Reduced -4.4k -4,365
62 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.05% of their portfolio IRVING, TX 84,33284.3k $9.1m $9.1m 0.05% Added +6.4k +6,401
63 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 84,10684.1k $9.0m $9.0m 0.01% Added +1.2k +1,181
64 UBS Group AG 0.00% of their portfolio ZURICH, V8 81,14481.1k $8.7m $8.7m 0.00% Added +4.8k +4,783
65 Sepio Capital, LP 0.48% of their portfolio Salt Lake City, UT 80,93780.9k $8.7m $8.7m 0.48% Reduced -574 -574
66 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 80,36080.4k $8.6m $8.6m 0.02% Added +2.0k +2,031
67 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 77,11077.1k $8.3m $8.3m 0.00% Added +615 +615
68 SVB WEALTH LLC 0.46% of their portfolio BOSTON, MA 72,50972.5k $7.8m $7.8m 0.46% Added +7.2k +7,181
69 C M BIDWELL & ASSOCIATES LTD 3.53% of their portfolio HONOLULU, HI 69,72369.7k $7.5m $7.5m 3.53% Added +2.7k +2,738
70 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 68,54968.5k $7.4m $7.4m 0.01% Reduced -49.6k -49,603
71 AMG National Trust Bank 0.17% of their portfolio GREENWOOD VILLAGE, CO 65,55865.6k $7.0m $7.0m 0.17% Reduced -6.2k -6,175
72 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 65,13565.1k $7.0m $7.0m 0.00% Added +30.9k +30,879
73 Bryn Mawr Trust Advisors, LLC 0.33% of their portfolio PHILADELPHIA, PA 63,57863.6k $6.8m $6.8m 0.33% Added +3.8k +3,839
74 CHOREO, LLC 0.08% of their portfolio ROCKFORD, IL 61,46061.5k $6.6m $6.6m 0.08% Reduced -736 -736
75 First National Trust Co 0.21% of their portfolio Johnstown, PA 57,66357.7k $6.2m $6.2m 0.21% Reduced -1.9k -1,915
76 Argent Trust Co 0.21% of their portfolio NASHVILLE, TN 56,80256.8k $6.1m $6.1m 0.21% Added +24.2k +24,232
77 Atria Investments, Inc 0.07% of their portfolio Charlotte, NC 56,46156.5k $6.1m $6.1m 0.07% Added +7.4k +7,367
78 Sequoia Financial Advisors, LLC 0.03% of their portfolio Akron, OH 56,13156.1k $6.0m $6.0m 0.03% Reduced -1.4k -1,397
79 RAFFA WEALTH MANAGEMENT, LLC 0.89% of their portfolio WASHINGTON, DC 53,81253.8k $5.8m $5.8m 0.89% Reduced -2.0k -2,038
80 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 50,77250.8k $5.5m $5.5m 0.02% Added +317 +317
81 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 50,20650.2k $5.4m $5.4m 0.01% Reduced -583 -583
82 WHITTIER TRUST CO 0.06% of their portfolio SOUTH PASADENA, CA 48,35748.4k $5.2m $5.2m 0.06% Reduced -323 -323
83 Trail Ridge Investment Advisors, LLC 2.20% of their portfolio FORT COLLINS, CO 47,75047.8k $5.1m $5.1m 2.20% Added +2.8k +2,829
84 1ST SOURCE BANK 0.26% of their portfolio SOUTH BEND, IN 46,67946.7k $5.0m $5.0m 0.26% Reduced -126 -126
85 MERITAGE PORTFOLIO MANAGEMENT 0.33% of their portfolio OVERLAND PARK, KS 46,40846.4k $5.0m $5.0m 0.33% Added +213 +213
86 Connecticut Wealth Management, LLC 0.20% of their portfolio FARMINGTON, CT 43,30943.3k $4.6m $4.6m 0.20% New
87 Patriot Financial Group Insurance Agency, LLC 0.55% of their portfolio Westborough, MA 43,19643.2k $4.6m $4.6m 0.55% Reduced -2.2k -2,243
88 MassMutual Private Wealth & Trust, FSB 0.12% of their portfolio Windsor, CT 42,51142.5k $4.6m $4.6m 0.12% Reduced -403 -403
89 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 42,28542.3k $4.5m $4.5m 0.02% Added +818 +818
90 Severin Investments, LLC 3.95% of their portfolio ST. LOUIS, MO 41,62341.6k $4.5m $4.5m 3.95% Added +2.3k +2,335
91 Gilbert Capital Group, Inc. 3.29% of their portfolio NORTH YARMOUTH, ME 40,75440.8k $4.4m $4.4m 3.29% Added +5.2k +5,244
92 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 39,47339.5k $4.2m $4.2m 0.00% Added +30.2k +30,208
93 Haverford Trust Co 0.04% of their portfolio Radnor, PA 38,66238.7k $4.2m $4.2m 0.04% Reduced -1.0k -1,024
94 New Hampshire Trust 0.81% of their portfolio CONCORD, NH 38,56038.6k $4.1m $4.1m 0.81% Added +18.6k +18,590
95 UNION SAVINGS BANK 1.77% of their portfolio LITCHFIELD, CT 38,11538.1k $4.1m $4.1m 1.77% First filing
96 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 37,89937.9k $4.1m $4.1m 0.01% Added +55 +55
97 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 37,87737.9k $4.1m $4.1m 0.00% Reduced -68 -68
98 MAIMON WEALTH MANAGEMENT LTD. 3.78% of their portfolio RA'ANANA, L3 37,86037.9k $4.1m $4.1m 3.78% First filing
99 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 37,76237.8k $4.1m $4.1m 0.00% New
100 Patten Group, Inc. 0.70% of their portfolio CHATTANOOGA, TN 35,28535.3k $3.8m $3.8m 0.70% Added +13.7k +13,720