Vault-13

ISHARES TR TLH

10-20 YR TRS ETF · ETP · CUSIP 464288653

374 institutional holders +21 vs Q4 2022
66,854,12666.9m shares reported held*
$7.7bnreported value*
65 new 160 added 123 reduced 43 sold out net bought ≈ $1.7bn (+14.5m 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 ($7.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $114.63. Options: 2 managers hold calls ($664.3k notional), 0 hold puts (—).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 309Q4 22: 353Q1 23: 374374Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022309
Q4 2022353
Q1 2023374

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 251 bought or addedQ4 22: 100 cut or sold outQ4 22Q1 23: 225 bought or addedQ1 23: 166 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022251100
Q1 2023225166

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ3 22 calls: $872.0kQ3 22 puts: $327.0kQ3 22P/C 0.38Q4 22 calls: $703.2kQ4 22 puts: $649.4kQ4 22P/C 0.92Q1 23 calls: $664.3kQ1 23 puts: $0Q1 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$872.0k$327.0k0.38
Q4 2022$703.2k$649.4k0.92
Q1 2023$664.3k$00.00

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +4,556,214+4.6m
Richard Bernstein Advisors LLC Added +2,587,184+2.6m
AMERIPRISE FINANCIAL INC Added +1,698,674+1.7m
FIRST CITIZENS BANK & TRUST CO New +1,553,693+1.6m
ENVESTNET ASSET MANAGEMENT INC Added +1,153,416+1.2m
MORGAN STANLEY Added +594,040+594.0k
JANE STREET GROUP, LLC New +497,145+497.1k
UBS Group AG Added +311,167+311.2k
Forum Financial Management, LP Added +276,288+276.3k
ROYAL BANK OF CANADA Added +264,662+264.7k

Biggest sellers

CWM, LLC Reduced -284,034-284.0k
Krilogy Financial LLC Reduced -282,755-282.8k
LPL Financial LLC Reduced -154,961-155.0k
PARK AVENUE SECURITIES LLC Reduced -104,190-104.2k
CreativeOne Wealth, LLC Reduced -86,629-86.6k
OneDigital Investment Advisors LLC Reduced -81,338-81.3k
Edmonds Duncan Registered Investment Advisors, LLC Sold out -77,282-77.3k
Scarborough Advisors, LLC Sold out -70,311-70.3k
Kestra Advisory Services, LLC Reduced -62,204-62.2k
Tri-Star Advisors Inc. Sold out -61,516-61.5k

Biggest calls

CITADEL ADVISORS LLC Reduced $378.0k3.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $286.4k2.5k 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, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.20% of their portfolio CHARLOTTE, NC 15,115,72315.1m $1.7bn $1.7bn 0.20% Added +4.6m +4,556,214
2 ENVESTNET ASSET MANAGEMENT INC 0.50% of their portfolio Berwyn, PA 9,086,8539.1m $1.0bn $1.0bn 0.50% Added +1.2m +1,153,416
3 Richard Bernstein Advisors LLC 17.56% of their portfolio NEW YORK, NY 7,231,9577.2m $828.3m $828.3m 17.56% Added +2.6m +2,587,184
4 Forum Financial Management, LP 18.88% of their portfolio LOMBARD, IL 5,701,8975.7m $653.1m $653.1m 18.88% Added +276.3k +276,288
5 AMERIPRISE FINANCIAL INC 0.19% of their portfolio MINNEAPOLIS, MN 4,993,0865.0m $572.1m $572.1m 0.19% Added +1.7m +1,698,674
6 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 2,123,2692.1m $243.2m $243.2m 0.03% Added +594.0k +594,040
7 FIRST CITIZENS BANK & TRUST CO 3.55% of their portfolio RALEIGH, NC 1,553,6931.6m $178.0m $178.0m 3.55% New
8 TRUIST FINANCIAL CORP 0.30% of their portfolio CHARLOTTE, NC 1,523,1711.5m $174.5m $174.5m 0.30% Added +235.9k +235,897
9 BlackRock Inc. 0.01% of their portfolio New York, NY 1,505,8271.5m $172.5m $172.5m 0.01% Reduced -40.3k -40,260
10 LPL Financial LLC 0.10% of their portfolio FORT MILL, SC 1,157,4631.2m $132.6m $132.6m 0.10% Reduced -155.0k -154,961
11 CW Advisors, LLC 2.94% of their portfolio BOSTON, MA 1,064,5981.1m $121.9m $121.9m 2.94% Added +159.8k +159,770
12 Annex Advisory Services, LLC 5.50% of their portfolio BROOKFIELD, WI 896,188896.2k $102.6m $102.6m 5.50% Added +2.5k +2,480
13 CWM, LLC 0.69% of their portfolio OMAHA, NE 895,607895.6k $102.6m $102.6m 0.69% Reduced -284.0k -284,034
14 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 739,632739.6k $84.7m $84.7m 0.03% Added +264.7k +264,662
15 OSAIC HOLDINGS, INC. 0.15% of their portfolio SCOTTSDALE, AZ 693,953694.0k $79.6m $79.6m 0.15% Added +5.4k +5,360
16 RiverFront Investment Group, LLC 2.65% of their portfolio RICHMOND, VA 654,652654.7k $75.0m $75.0m 2.65% Added +36.1k +36,084
17 RAYMOND JAMES & ASSOCIATES 0.06% of their portfolio ST PETERSBURG, FL 579,986580.0k $66.4m $66.4m 0.06% Added +8.0k +8,039
18 Janney Montgomery Scott LLC 0.26% of their portfolio PHILADELPHIA, PA 559,088559.1k $64.0m $64.0m 0.26% Added +38.7k +38,740
19 UBS Group AG 0.03% of their portfolio ZURICH, V8 513,219513.2k $58.8m $58.8m 0.03% Added +311.2k +311,167
20 JANE STREET GROUP, LLC 0.10% of their portfolio NEW YORK, NY 497,145497.1k $56.9m $56.9m 0.10% New
21 PARK AVENUE SECURITIES LLC 0.88% of their portfolio NEW YORK, NY 449,288449.3k $51.5m $51.5m 0.88% Reduced -104.2k -104,190
22 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 417,026417.0k $47.8m $47.8m 0.01% Added +134.4k +134,400
23 Sequoia Financial Advisors, LLC 0.85% of their portfolio Akron, OH 334,136334.1k $38.3m $38.3m 0.85% Added +24.2k +24,242
24 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 318,913318.9k $36.5m $36.5m 0.05% Added +126.3k +126,322
25 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 300,703300.7k $34.4m $34.4m 0.01% Added +4.4k +4,446
26 Cetera Advisors LLC 0.55% of their portfolio DENVER, CO 287,072287.1k $32.9m $32.9m 0.55% Added +216.2k +216,154
27 Cetera Investment Advisers 0.28% of their portfolio SCHAUMBURG, IL 278,180278.2k $31.9m $31.9m 0.28% Added +13.7k +13,680
28 MML INVESTORS SERVICES, LLC 0.21% of their portfolio SPRINGFIELD, MA 263,845263.8k $30.2m $30.2m 0.21% Reduced -45.2k -45,246
29 Cambridge Investment Research Advisors, Inc. 0.14% of their portfolio FAIRFIELD, IA 243,094243.1k $27.8m $27.8m 0.14% Added +146.4k +146,358
30 FIRST FINANCIAL BANK - TRUST DIVISION 2.69% of their portfolio HAMILTON, OH 219,371219.4k $25.1m $25.1m 2.69% Added +4.1k +4,086
31 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 192,499192.5k $22.0m $22.0m 0.05% Added +100.4k +100,442
32 Parallel Advisors, LLC 0.72% of their portfolio SAN FRANCISCO, CA 185,221185.2k $21.2m $21.2m 0.72% Added +17.9k +17,930
33 AVALON CAPITAL MANAGEMENT 10.14% of their portfolio Port Of Redwood City, CA 172,671172.7k $19.8m $19.8m 10.14% New
34 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 172,410172.4k $19.7m $19.7m 0.04% Added +124.0k +124,024
35 MARKET STREET WEALTH MANAGEMENT ADVISORS LLC 4.96% of their portfolio INDIANAPOLIS, IN 164,795164.8k $18.9m $18.9m 4.96% Added +35.6k +35,601
36 TD Waterhouse Canada Inc. 0.26% of their portfolio TORONTO, A6 162,752162.8k $25.1m $25.1m 0.26% Added +21.6k +21,566
37 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 153,223153.2k $17.6m $17.6m 0.01% Added +150.4k +150,379
38 Members Advisory Group LLC 10.86% of their portfolio WILLIAMSVILLE, NY 146,679146.7k $16.8m $16.8m 10.86% Added +1.8k +1,824
39 TRANSCEND CAPITAL ADVISORS, LLC 1.60% of their portfolio MADISON, NJ 133,968134.0k $15.3m $15.3m 1.60% Added +40.6k +40,618
40 WEALTHSOURCE PARTNERS, LLC 0.97% of their portfolio SAN LUIS OBISPO, CA 125,613125.6k $14.4m $14.4m 0.97% Reduced -43.7k -43,667
41 Cetera Advisor Networks LLC 0.10% of their portfolio EL SEGUNDO, CA 123,600123.6k $14.2m $14.2m 0.10% Added +2.9k +2,946
42 Tidal Investments LLC 0.21% of their portfolio Milwaukee, WI 105,534105.5k $12.1m $12.1m 0.21% Added +62.4k +62,368
43 JB Capital LLC 1.07% of their portfolio WETHERSFIELD, CT 102,606102.6k $11.8m $11.8m 1.07% Reduced -25.5k -25,474
44 First Citizens Asset Management, Inc. 4.87% of their portfolio RALEIGH, NC 102,336102.3k $11.7m $11.7m 4.87% New
45 Krilogy Financial LLC 0.96% of their portfolio ST. LOUIS, MO 99,66899.7k $11.4m $11.4m 0.96% Reduced -282.8k -282,755
46 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.16% of their portfolio ST. LOUIS, MO 97,71097.7k $11.2m $11.2m 0.16% Added +1.9k +1,885
47 MA Private Wealth 2.70% of their portfolio SAN CARLOS, CA 97,01497.0k $11.1m $11.1m 2.70% Added +20.7k +20,689
48 Trek Financial, LLC 0.99% of their portfolio Scottsdale, AZ 92,88392.9k $10.6m $10.6m 0.99% Reduced -26.8k -26,799
49 Kelly Financial Services LLC 5.25% of their portfolio BRAINTREE, MA 90,86390.9k $10.4m $10.4m 5.25% Added +19.3k +19,330
50 Atria Investments, Inc 0.19% of their portfolio Charlotte, NC 88,39988.4k $10.1m $10.1m 0.19% Added +12.7k +12,732
51 RS CRUM INC. 3.22% of their portfolio Newport Beach, CA 73,12573.1k $8.4m $8.4m 3.22% Added +735 +735
52 Foundations Investment Advisors, LLC 0.29% of their portfolio PHOENIX, AZ 71,86171.9k $8.2m $8.2m 0.29% Added +27.9k +27,905
53 Private Advisor Group, LLC 0.08% of their portfolio MORRISTOWN, NJ 70,77870.8k $8.1m $8.1m 0.08% Added +10.4k +10,381
54 MGO ONE SEVEN LLC 0.51% of their portfolio Beachwood, OH 69,62469.6k $8.0m $8.0m 0.51% New
55 Synergy Asset Management, LLC 1.90% of their portfolio VANCOUVER, WA 69,16669.2k $7.9m $7.9m 1.90% New
56 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 69,04669.0k $7.9m $7.9m 0.01% Added +39.4k +39,440
57 Blue Trust, Inc. 0.12% of their portfolio BRENTWOOD, TN 68,74868.7k $7.4m $7.4m 0.12% Added +19.5k +19,533
58 TD PRIVATE CLIENT WEALTH LLC 0.35% of their portfolio NEW YORK, NY 68,68968.7k $7.9m $7.9m 0.35% New
59 NewEdge Advisors, LLC 0.10% of their portfolio NEW ORLEANS, LA 67,73867.7k $7.8m $7.8m 0.10% Added +12.4k +12,432
60 Bridge Advisory, LLC 2.98% of their portfolio PASADENA, CA 67,38067.4k $7.7m $7.7m 2.98% Reduced -39.3k -39,268
61 Atria Wealth Solutions, Inc. 0.11% of their portfolio NEW YORK, NY 66,54166.5k $7.6m $7.6m 0.11% Reduced -506 -506
62 TCWP LLC 1.44% of their portfolio Beachwood, OH 66,45466.5k $7.6m $7.6m 1.44% Added +31.2k +31,248
63 Vestmark Advisory Solutions, Inc. 0.30% of their portfolio Wakefield, MA 60,10260.1k $6.9m $6.9m 0.30% Added +16.8k +16,767
64 PAYDEN & RYGEL 0.38% of their portfolio LOS ANGELES, CA 55,39255.4k $6.3m $6.3m 0.38% Reduced -26.7k -26,704
65 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 52,81852.8k $6.0m $6.0m 0.01% Added +33.6k +33,551
66 SCOTIA CAPITAL INC. 0.04% of their portfolio TORONTO, A6 51,77251.8k $5.9m $5.9m 0.04% Added +10.1k +10,144
67 Horst & Graben Wealth Management LLC 1.45% of their portfolio PORTLAND, OR 51,20851.2k $5.9m $5.9m 1.45% Reduced -17.1k -17,090
68 GRIES FINANCIAL LLC 1.71% of their portfolio Cleveland, OH 50,47550.5k $5.8m $5.8m 1.71% Added +10.4k +10,386
69 One Wealth Advisors, LLC 1.20% of their portfolio SAN FRANCISCO, CA 45,34645.3k $5.2m $5.2m 1.20% Reduced -4.7k -4,688
70 High Falls Advisors, Inc 1.51% of their portfolio ROCHESTER, NY 44,40444.4k $5.1m $5.1m 1.51% Reduced -11.5k -11,486
71 LFA - Lugano Financial Advisors SA 3.81% of their portfolio LUGANO, V8 44,33344.3k $5.1m $5.1m 3.81% New
72 B. Riley Wealth Advisors, Inc. 0.13% of their portfolio MEMPHIS, TN 44,23044.2k $5.1m $5.1m 0.13% Added +7.0k +7,031
73 Itau Unibanco Holding S.A. 0.24% of their portfolio SAO PAULO, D5 42,02642.0k $4.8m $4.8m 0.24% Reduced -12.7k -12,705
74 AE Wealth Management LLC 0.03% of their portfolio TOPEKA, KS 41,90841.9k $4.8m $4.8m 0.03% Reduced -7.0k -6,953
75 Benedetti & Gucer, Inc. 2.71% of their portfolio ATLANTA, GA 41,18141.2k $4.7m $4.7m 2.71% Added +26.5k +26,533
76 Pettinga Financial Advisors LLC 1.44% of their portfolio EVANSVILLE, IN 40,39640.4k $4.6m $4.6m 1.44% Added +8.7k +8,719
77 SteelPeak Wealth, LLC 0.31% of their portfolio WOODLAND HILLS, CA 39,53339.5k $4.5m $4.5m 0.31% Reduced -3.4k -3,418
78 RFG Advisory, LLC 0.21% of their portfolio BIRMINGHAM, AL 36,77536.8k $4.2m $4.2m 0.21% Reduced -15.5k -15,524
79 Ascentis Independent Advisors 2.23% of their portfolio DALLAS, TX 36,00636.0k $4.1m $4.1m 2.23% First filing
80 Sharkey, Howes & Javer 0.86% of their portfolio DENVER, CO 34,83834.8k $4.0m $4.0m 0.86% Reduced -7.1k -7,133
81 Buttonwood Financial Group, LLC 3.95% of their portfolio Kansas City, MO 34,59834.6k $4.0m $4.0m 3.95% Added +439 +439
82 Icon Wealth Partners, LLC 0.43% of their portfolio HOUSTON, TX 34,17534.2k $3.9m $3.9m 0.43% First filing
83 Security Financial Services, INC. 1.19% of their portfolio Fort Wayne, IN 34,16734.2k $3.9m $3.9m 1.19% Added +2.0k +1,999
84 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 34,00134.0k $3.9m $3.9m 0.01% Reduced -7.3k -7,330
85 Stone House Investment Management, LLC 1.31% of their portfolio TUNKHANNOCK, PA 33,79233.8k $3.9m $3.9m 1.31% Reduced -1.3k -1,272
86 CreativeOne Wealth, LLC 0.19% of their portfolio OVERLAND PARK, KS 33,46333.5k $3.8m $3.8m 0.19% Reduced -86.6k -86,629
87 Mutual Advisors, LLC 0.16% of their portfolio OMAHA, NE 33,36933.4k $3.8m $3.8m 0.16% Added +25.6k +25,570
88 Orion Porfolio Solutions, LLC 0.05% of their portfolio OMAHA, NE 33,15133.2k $3.8m $3.8m 0.05% Added +27.2k +27,245
89 Orion Portfolio Solutions, LLC 0.05% of their portfolio Omaha, NE 33,15133.2k $3.8m $3.8m 0.05% Added +9.9k +9,924
90 Austin Private Wealth, LLC 0.59% of their portfolio Austin, TX 32,45932.5k $3.7m $3.7m 0.59% Reduced -8.4k -8,392
91 Mayfair Advisory Group, LLC 3.64% of their portfolio BIRMINGHAM, AL 29,62529.6k $3.4m $3.4m 3.64% Added +14.0k +14,044
92 ONE Advisory Partners, LLC 1.94% of their portfolio OVERLAND PARK, KS 28,85328.9k $3.3m $3.3m 1.94% Reduced -8.2k -8,227
93 PATRON PARTNERS, LLC 2.42% of their portfolio HOUSTON, TX 28,59628.6k $3.3m $3.3m 2.42% Added +9.2k +9,153
94 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.50% of their portfolio Westlake, OH 28,46828.5k $3.3m $3.3m 0.50% Added +17.4k +17,364
95 COMERICA SECURITIES,INC. 0.24% of their portfolio DETROIT, MI 28,36428.4k $3.2m $3.2m 0.24% Reduced -6.6k -6,574
96 Integrated Wealth Concepts LLC 0.07% of their portfolio WALTHAM, MA 28,34728.3k $3.2m $3.2m 0.07% Added +4.0k +4,026
97 Advisory Services Network, LLC 0.09% of their portfolio ATLANTA, GA 27,94027.9k $3.2m $3.2m 0.09% Added +11.6k +11,550
98 Detalus Advisors, LLC 1.51% of their portfolio ST. LOUIS, MO 27,50627.5k $3.2m $3.2m 1.51% Added +6.0k +6,016
99 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 27,27627.3k $3.1m $3.1m 0.01% Added +4.9k +4,930
100 PAX Financial Group, LLC 0.75% of their portfolio SAN ANTONIO, TX 27,27027.3k $3.1m $3.1m 0.75% Reduced -2.0k -1,960