Vault-13

ISHARES TR USIG

USD INV GRDE ETF · ETP · CUSIP 464288620

459 institutional holders +15 vs Q4 2025
281,689,572281.7m shares reported held*
$14.5bnreported value*
57 new 190 added 124 reduced 37 sold out net bought ≈ $2.7bn (+53.3m 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 ($1.1bn this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $51.31.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 267Q4 22: 291Q1 23: 313Q2 23: 332Q3 23: 340Q4 23: 384Q1 24: 378Q2 24: 400Q3 24: 401Q4 24: 440Q1 25: 427Q2 25: 407Q3 25: 422Q4 25: 444Q1 26: 459459Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022267
Q4 2022291
Q1 2023313
Q2 2023332
Q3 2023340
Q4 2023384
Q1 2024378
Q2 2024400
Q3 2024401
Q4 2024440
Q1 2025427
Q2 2025407
Q3 2025422
Q4 2025444
Q1 2026459

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 24: 216 bought or addedQ2 24: 153 cut or sold outQ3 24: 196 bought or addedQ3 24: 170 cut or sold outQ3 24Q4 24: 207 bought or addedQ4 24: 143 cut or sold outQ1 25: 215 bought or addedQ1 25: 182 cut or sold outQ1 25Q2 25: 224 bought or addedQ2 25: 172 cut or sold outQ3 25: 224 bought or addedQ3 25: 166 cut or sold outQ3 25Q4 25: 228 bought or addedQ4 25: 152 cut or sold outQ1 26: 247 bought or addedQ1 26: 161 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024216153
Q3 2024196170
Q4 2024207143
Q1 2025215182
Q2 2025224172
Q3 2025224166
Q4 2025228152
Q1 2026247161

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ2 25 calls: $406.4kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $663.2kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $258.9kQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$406.4k$00.00
Q3 2025$663.2k$00.00
Q4 2025$258.9k$00.00
Q1 2026$0$0—

Biggest buyers

UBS Group AG Added +52,031,591+52.0m
BANK OF AMERICA CORP /DE/ Added +11,082,553+11.1m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +8,458,989+8.5m
AMERIPRISE FINANCIAL INC Added +2,128,050+2.1m
Empower Advisory Group, LLC Added +1,432,900+1.4m
MERCER GLOBAL ADVISORS INC /ADV Added +1,209,945+1.2m
1832 Asset Management L.P. Added +802,706+802.7k
JANE STREET GROUP, LLC New +790,792+790.8k
TRUIST FINANCIAL CORP Added +782,989+783.0k
Liberty Mutual Group Asset Management Inc. New +714,850+714.9k

Biggest sellers

TIAA TRUST, NATIONAL ASSOCIATION Reduced -25,312,291-25.3m
RAYMOND JAMES FINANCIAL INC Reduced -1,214,265-1.2m
Kestra Investment Management, LLC Reduced -1,008,862-1.0m
Merit Financial Group, LLC Reduced -966,240-966.2k
ENVESTNET ASSET MANAGEMENT INC Reduced -890,777-890.8k
Americana Partners, LLC Reduced -794,407-794.4k
MANNING & NAPIER ADVISORS LLC Reduced -329,365-329.4k
Diversify Advisory Services, LLC Sold out -243,587-243.6k
GOLDMAN SACHS GROUP INC Reduced -242,537-242.5k
Runnymede Capital Advisors, Inc. Sold out -175,018-175.0k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.23% of their portfolio CHARLOTTE, NC 61,669,41561.7m $3.2bn $3.2bn 0.23% Added +11.1m +11,082,553
2 UBS Group AG 0.51% of their portfolio ZURICH, V8 56,079,95056.1m $2.9bn $2.9bn 0.51% Added +52.0m +52,031,591
3 Empower Advisory Group, LLC 2.71% of their portfolio Greenwood Village, CO 20,349,94320.3m $1.0bn $1.0bn 2.71% Added +1.4m +1,432,900
4 AMERIPRISE FINANCIAL INC 0.22% of their portfolio MINNEAPOLIS, MN 18,094,72418.1m $955.2m $955.2m 0.22% Added +2.1m +2,128,050
5 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.12% of their portfolio NEW YORK, NY 11,610,94811.6m $594.8m $594.8m 0.12% Added +8.5m +8,458,989
6 TIAA Wealth Investment Management LLC 4.42% of their portfolio New York, NY 11,369,29411.4m $579.5m $579.5m 4.42% First filing
7 TRUIST FINANCIAL CORP 0.74% of their portfolio CHARLOTTE, NC 10,749,95510.7m $550.7m $550.7m 0.74% Added +783.0k +782,989
8 ASSETMARK, INC 1.06% of their portfolio CONCORD, CA 10,174,81110.2m $521.3m $521.3m 1.06% Added +510.5k +510,490
9 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 1.80% of their portfolio CHARLOTTE, NC 9,139,3039.1m $468.2m $468.2m 1.80% First filing
10 BlackRock, Inc. 0.01% of their portfolio New York, NY 8,278,2218.3m $424.1m $424.1m 0.01% Added +325.6k +325,617
11 STIFEL FINANCIAL CORP 0.33% of their portfolio ST. LOUIS, MO 7,108,9007.1m $364.2m $364.2m 0.33% Added +388.3k +388,257
12 ENVESTNET ASSET MANAGEMENT INC 0.10% of their portfolio Berwyn, PA 6,946,6276.9m $355.9m $355.9m 0.10% Reduced -890.8k -890,777
13 Allworth Financial LP 1.22% of their portfolio FOLSOM, CA 5,862,2675.9m $300.3m $300.3m 1.22% Added +76.2k +76,199
14 North Dakota State Investment Board 11.61% of their portfolio BISMARCK, ND 5,241,4765.2m $268.5m $268.5m 11.61% Unchanged
15 FRANKLIN RESOURCES INC 0.06% of their portfolio San Mateo, CA 4,918,9254.9m $252.0m $252.0m 0.06% Reduced -15.3k -15,350
16 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 3,464,2823.5m $177.5m $177.5m 0.05% Added +645.2k +645,199
17 SEI INVESTMENTS CO 0.16% of their portfolio OAKS, PA 3,362,6273.4m $172.3m $172.3m 0.16% Added +183.9k +183,881
18 1832 Asset Management L.P. 0.22% of their portfolio TORONTO, A6 3,181,4123.2m $163.0m $163.0m 0.22% Added +802.7k +802,706
19 Valmark Advisers, Inc. 1.84% of their portfolio AKRON, OH 3,015,4853.0m $154.5m $154.5m 1.84% Added +61.9k +61,864
20 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,804,3592.8m $143.7m $143.7m 0.01% Added +48.8k +48,759
21 Asset Management One Co., Ltd. 0.42% of their portfolio TOKYO, M0 2,767,0242.8m $141.8m $141.8m 0.42% Added +397.0k +396,954
22 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,934,4001.9m $99.1m $99.1m 0.02% Added +76.7k +76,702
23 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,800,6241.8m $91.8m $91.8m 0.01% Added +350.8k +350,767
24 Avidian Wealth Enterprises, LLC 2.75% of their portfolio Houston, TX 1,692,1401.7m $86.7m $86.7m 2.75% Added +164.2k +164,221
25 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,583,0351.6m $81.1m $81.1m 0.01% Added +14.1k +14,073
26 Beacon Pointe Advisors, LLC 0.41% of their portfolio NEWPORT BEACH, CA 1,526,0551.5m $78.2m $78.2m 0.41% Added +84.0k +83,970
27 MERCER GLOBAL ADVISORS INC /ADV 0.09% of their portfolio DENVER, CO 1,218,5541.2m $62.4m $62.4m 0.09% Added +1.2m +1,209,945
28 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 1,122,7731.1m $57.5m $57.5m 0.06% Added +145.6k +145,632
29 Voya Financial Advisors, Inc. 4.11% of their portfolio WINDSOR, CT 813,206813.2k $41.2m $41.2m 4.11% Reduced -12.9k -12,887
30 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 790,792790.8k $40.5m $40.5m 0.04% New
31 MCF Advisors LLC 1.71% of their portfolio LEXINGTON, KY 759,792759.8k $38.9m $38.9m 1.71% Reduced -3.3k -3,308
32 Liberty Mutual Group Asset Management Inc. 2.93% of their portfolio Boston, MA 714,850714.9k $36.6m $36.6m 2.93% New
33 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 679,845679.8k $34.8m $34.8m 0.01% Reduced -1.2m -1,214,265
34 Trilogy Capital Inc. 1.53% of their portfolio IRVINE, CA 670,281670.3k $34.3m $34.3m 1.53% Added +21.6k +21,633
35 FULTON BREAKEFIELD BROENNIMAN LLC 2.18% of their portfolio Bethesda, MD 653,841653.8k $33.5m $33.5m 2.18% Added +8.2k +8,243
36 Crestwood Advisors Group, LLC 0.56% of their portfolio BOSTON, MA 647,979648.0k $33.2m $33.2m 0.56% Reduced -2.1k -2,136
37 CAPTRUST FINANCIAL ADVISORS 0.06% of their portfolio RALEIGH, NC 614,798614.8k $31.5m $31.5m 0.06% Added +34.7k +34,659
38 Mirae Asset Global Investments Co., Ltd. 0.09% of their portfolio SEOUL, M5 592,736592.7k $30.4m $30.4m 0.09% Added +20.4k +20,381
39 DIVERSIFY WEALTH MANAGEMENT, LLC 0.50% of their portfolio SANDY, UT 548,142548.1k $28.1m $28.1m 0.50% Added +307.9k +307,945
40 New Jersey Better Educational Savings Trust 42.70% of their portfolio TRENTON, NJ 507,693507.7k $26.0m $26.0m 42.70% Reduced -25.5k -25,511
41 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 507,366507.4k $26.0m $26.0m 0.00% Added +108.1k +108,073
42 Santa Clara Valley Transportation Authority 20.53% of their portfolio SAN JOSE, CA 481,977482.0k $24.7m $24.7m 20.53% Unchanged
43 SECURIAN ASSET MANAGEMENT, INC 0.89% of their portfolio ST PAUL, MN 439,717439.7k $22.5m $22.5m 0.89% Unchanged
44 New York Life Investment Management LLC 0.19% of their portfolio New York, NY 432,356432.4k $22.1m $22.1m 0.19% Added +109.8k +109,836
45 Strategic Investment Advisors / MI 1.51% of their portfolio FARMINGTON HILLS, MI 426,907426.9k $21.9m $21.9m 1.51% Added +193.0k +192,960
46 Blue Edge Capital, LLC 2.90% of their portfolio RICHMOND, VA 426,168426.2k $21.8m $21.8m 2.90% Added +14.3k +14,314
47 OneDigital Investment Advisors LLC 0.20% of their portfolio OVERLAND PARK, KS 405,311405.3k $20.8m $20.8m 0.20% Reduced -1.1k -1,075
48 ST GERMAIN D J CO INC 0.82% of their portfolio SPRINGFIELD, MA 405,122405.1k $20.8m $20.8m 0.82% Reduced -4.3k -4,277
49 Advisors Capital Management, LLC 0.23% of their portfolio RIDGEWOOD, NJ 382,114382.1k $19.6m $19.6m 0.23% Added +27.5k +27,471
50 STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.01% of their portfolio BLOOMINGTON, IL 369,902369.9k $19.0m $19.0m 0.01% Added +107.5k +107,531
51 Cosner Financial Group, LLC 10.28% of their portfolio WINDSOR, CO 365,167365.2k $18.7m $18.7m 10.28% Added +6.6k +6,586
52 Betterment LLC 0.04% of their portfolio NEW YORK, NY 361,816361.8k $18.5m $18.5m 0.04% Added +15.7k +15,728
53 McKinley Carter Wealth Services, Inc. 1.06% of their portfolio WHEELING, WV 358,233358.2k $18.4m $18.4m 1.06% Added +62.3k +62,264
54 Merit Financial Group, LLC 0.14% of their portfolio ALPHARETTA, GA 356,337356.3k $18.3m $18.3m 0.14% Reduced -966.2k -966,240
55 Pallas Capital Advisors LLC 0.63% of their portfolio BRAINTREE, MA 324,821324.8k $16.6m $16.6m 0.63% Reduced -41.1k -41,115
56 TIAA TRUST, NATIONAL ASSOCIATION 0.87% of their portfolio CHARLOTTE, NC 280,801280.8k $14.4m $14.4m 0.87% Reduced -25.3m -25,312,291
57 Modern Wealth Management, LLC 0.24% of their portfolio KANSAS CITY, MO 278,900278.9k $14.2m $14.2m 0.24% Added +30.1k +30,072
58 Destination Wealth Management 0.37% of their portfolio Walnut Creek, CA 276,626276.6k $14.2m $14.2m 0.37% Added +11.0k +11,004
59 Steward Partners Investment Advisory, LLC 0.07% of their portfolio STAMFORD, CT 268,496268.5k $13.8m $13.8m 0.07% Added +2.2k +2,199
60 Shelter Mutual Insurance Co 3.01% of their portfolio COLUMBIA, MO 263,974264.0k $13.5m $13.5m 3.01% Reduced -10.0k -10,016
61 Robertson Stephens Wealth Management, LLC 0.34% of their portfolio San Francisco, CA 237,969238.0k $12.2m $12.2m 0.34% Reduced -8.0k -7,993
62 Westover Capital Advisors, LLC 2.07% of their portfolio WILMINGTON, DE 220,081220.1k $11.3m $11.3m 2.07% Reduced -386 -386
63 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 218,453218.5k $11.2m $11.2m 0.01% Reduced -127.5k -127,543
64 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 217,080217.1k $11.1m $11.1m 0.02% Added +5.6k +5,572
65 One Capital Management, LLC 0.28% of their portfolio WESTLAKE VILLAGE, CA 199,428199.4k $10.2m $10.2m 0.28% Added +157.1k +157,141
66 Sigma Planning Corp 0.28% of their portfolio ANN ARBOR, MI 194,886194.9k $10.0m $10.0m 0.28% Added +5.9k +5,936
67 SIMA Wealth Partners, LLC 7.56% of their portfolio NORTH CHESTERFIELD, VA 193,640193.6k $9.9m $9.9m 7.56% Added +15.7k +15,704
68 Glassy Mountain Advisors, Inc. 3.00% of their portfolio BETHESDA, MD 188,348188.3k $9.6m $9.6m 3.00% Added +7.1k +7,099
69 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 185,742185.7k $9.5m $9.5m 0.01% Added +9.0k +9,038
70 Premier Path Wealth Partners, LLC 1.23% of their portfolio MADISON, NJ 183,736183.7k $9.4m $9.4m 1.23% Reduced -32.6k -32,597
71 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 177,496177.5k $9.1m $9.1m 0.02% Reduced -2.6k -2,637
72 Kraft, Davis & Associates, LLC 1.89% of their portfolio St. Louis, MO 172,840172.8k $8.9m $8.9m 1.89% Added +73.3k +73,315
73 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 167,719167.7k $8.6m $8.6m 0.01% Added +29.3k +29,304
74 Simplicity Wealth,LLC 0.46% of their portfolio SUMMIT, NJ 159,877159.9k $8.2m $8.2m 0.46% Added +9.5k +9,535
75 IVC Wealth Advisors LLC 3.47% of their portfolio SILVERDALE, PA 155,854155.9k $8.0m $8.0m 3.47% Added +4.0k +3,956
76 FIFTH THIRD BANCORP 0.01% of their portfolio CINCINNATI, OH 154,061154.1k $7.9m $7.9m 0.01% Added +145.0k +144,952
77 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 141,533141.5k $7.2m $7.2m 0.02% Reduced -37.1k -37,094
78 Triumph Capital Management 1.41% of their portfolio DENVER, CO 135,462135.5k $6.9m $6.9m 1.41% Added +114.0k +113,982
79 Smartleaf Asset Management LLC 0.25% of their portfolio BOSTON, MA 135,350135.3k $6.9m $6.9m 0.25% Added +38.6k +38,622
80 Dakota Wealth Management 0.15% of their portfolio PALM BEACH GARDENS, FL 134,825134.8k $6.9m $6.9m 0.15% Added +39.8k +39,752
81 Trivant Custom Portfolio Group, LLC 3.72% of their portfolio SAN DIEGO, CA 132,280132.3k $6.8m $6.8m 3.72% Reduced -42.7k -42,738
82 Archford Capital Strategies, LLC 0.76% of their portfolio SWANSEA, IL 130,410130.4k $6.7m $6.7m 0.76% Added +2.3k +2,274
83 TD Waterhouse Canada Inc. 0.02% of their portfolio TORONTO, A6 118,784118.8k $6.0m $6.0m 0.02% Added +24.1k +24,111
84 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.07% of their portfolio CINCINNATI, OH 111,343111.3k $5.7m $5.7m 0.07% Reduced -26.6k -26,565
85 Napier Financial, LLC 1.30% of their portfolio BRAINTREE, MA 110,483110.5k $5.7m $5.7m 1.30% Reduced -3.0k -2,950
86 Wealthspire Retirement, LLC 0.33% of their portfolio ALISO VIEJO, CA 107,709107.7k $5.5m $5.5m 0.33% Added +1.9k +1,885
87 Sanctuary Advisors, LLC 0.03% of their portfolio INDIANAPOLIS, IN 105,235105.2k $5.4m $5.4m 0.03% Added +3.7k +3,714
88 Erickson Financial Group, LLC 3.33% of their portfolio ALLENTOWN, PA 103,718103.7k $5.3m $5.3m 3.33% Added +4.8k +4,801
89 Fjell Capital, LLC 4.07% of their portfolio FARGO, ND 103,219103.2k $5.3m $5.3m 4.07% Added +9.9k +9,901
90 CWM, LLC 0.01% of their portfolio OMAHA, NE 102,334102.3k $5.2m $5.2m 0.01% Reduced -13.1k -13,064
91 Center For Asset Management LLC 2.60% of their portfolio PALM BEACH GARDENS, FL 102,193102.2k $5.2m $5.2m 2.60% Added +6.4k +6,384
92 Financial Avengers, Inc. 2.37% of their portfolio OAKLAND, CA 101,248101.2k $5.2m $5.2m 2.37% Added +11.2k +11,229
93 Concurrent Investment Advisors, LLC 0.05% of their portfolio Tampa, FL 97,74297.7k $5.0m $5.0m 0.05% Added +4.5k +4,549
94 AIRE ADVISORS, LLC 0.88% of their portfolio BEVERLY HILLS, CA 93,48793.5k $4.8m $4.8m 0.88% Added +3.1k +3,056
95 Bauman Advisory Group, LLC 3.05% of their portfolio LAS VEGAS, NV 85,04385.0k $4.4m $4.4m 3.05% Added +48.3k +48,309
96 M&T Bank Corp 0.01% of their portfolio BUFFALO, NY 84,19784.2k $4.3m $4.3m 0.01% Reduced -444 -444
97 Compound Planning, Inc. 0.13% of their portfolio NEW YORK, NY 82,62682.6k $4.2m $4.2m 0.13% Added +903 +903
98 KEYBANK NATIONAL ASSOCIATION/OH 0.02% of their portfolio BROOKLYN, OH 80,82280.8k $4.1m $4.1m 0.02% Added +1.5k +1,453
99 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 79,52079.5k $4.1m $4.1m 0.01% New
100 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 78,76578.8k $4.0m $4.0m 0.01% Added +2.2k +2,179