Vault-13

ISHARES TR TLH

10-20 YR TRS ETF · ETP · CUSIP 464288653

398 institutional holders +24 vs Q1 2023
70,607,85870.6m shares reported held*
$7.8bnreported value*
59 new 200 added 103 reduced 40 sold out net bought ≈ $403.6m (+3.6m 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 ($13.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $110.86. Options: 1 managers hold calls ($443.1k notional), 1 hold puts ($686.8k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 309Q4 22: 353Q1 23: 374Q2 23: 398398Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022309
Q4 2022353
Q1 2023374
Q2 2023398

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 23Q2 23: 259 bought or addedQ2 23: 143 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022251100
Q1 2023225166
Q2 2023259143

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 0.00Q2 23 calls: $443.1kQ2 23 puts: $686.8kQ2 23P/C 1.55
Numbers
QuarterCallsPutsP/C
Q3 2022$872.0k$327.0k0.38
Q4 2022$703.2k$649.4k0.92
Q1 2023$664.3k$00.00
Q2 2023$443.1k$686.8k1.55

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +1,025,852+1.0m
AMERIPRISE FINANCIAL INC Added +586,618+586.6k
TRUIST FINANCIAL CORP Added +337,406+337.4k
PATHSTONE FAMILY OFFICE, LLC New +315,760+315.8k
Forum Financial Management, LP Added +289,769+289.8k
BlackRock Inc. Added +261,063+261.1k
UBS Group AG Added +250,550+250.6k
Gradient Investments LLC New +188,268+188.3k
Parallel Advisors, LLC Added +168,146+168.1k
Sequoia Financial Advisors, LLC Added +163,226+163.2k

Biggest sellers

FIRST CITIZENS BANK & TRUST CO Reduced -697,908-697.9k
JANE STREET GROUP, LLC Reduced -464,852-464.9k
ENVESTNET ASSET MANAGEMENT INC Reduced -298,022-298.0k
Tidal Investments LLC Sold out -105,534-105.5k
CONFLUENCE INVESTMENT MANAGEMENT LLC Sold out -97,710-97.7k
CWM, LLC Reduced -91,590-91.6k
Synergy Asset Management, LLC Sold out -69,166-69.2k
Annex Advisory Services, LLC Reduced -65,997-66.0k
MORGAN STANLEY Reduced -62,292-62.3k
MGO ONE SEVEN LLC Reduced -58,784-58.8k

Biggest calls

CITADEL ADVISORS LLC Added $443.1k4.0k shares

Biggest puts

CITADEL ADVISORS LLC New $686.8k6.2k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.21% of their portfolio CHARLOTTE, NC 16,141,57516.1m $1.8bn $1.8bn 0.21% Added +1.0m +1,025,852
2 ENVESTNET ASSET MANAGEMENT INC 0.43% of their portfolio Berwyn, PA 8,788,8318.8m $973.5m $973.5m 0.43% Reduced -298.0k -298,022
3 Richard Bernstein Advisors LLC 17.11% of their portfolio NEW YORK, NY 7,311,9917.3m $809.9m $809.9m 17.11% Added +80.0k +80,034
4 Forum Financial Management, LP 14.87% of their portfolio LOMBARD, IL 5,991,6666.0m $663.7m $663.7m 14.87% Added +289.8k +289,769
5 AMERIPRISE FINANCIAL INC 0.19% of their portfolio MINNEAPOLIS, MN 5,579,7045.6m $618.3m $618.3m 0.19% Added +586.6k +586,618
6 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 2,060,9772.1m $228.3m $228.3m 0.02% Reduced -62.3k -62,292
7 TRUIST FINANCIAL CORP 0.34% of their portfolio CHARLOTTE, NC 1,860,5771.9m $206.1m $206.1m 0.34% Added +337.4k +337,406
8 BlackRock Inc. 0.01% of their portfolio New York, NY 1,766,8901.8m $195.7m $195.7m 0.01% Added +261.1k +261,063
9 LPL Financial LLC 0.10% of their portfolio FORT MILL, SC 1,308,9581.3m $145.0m $145.0m 0.10% Added +151.5k +151,495
10 CW Advisors, LLC 2.75% of their portfolio BOSTON, MA 1,070,9921.1m $118.6m $118.6m 2.75% Added +6.4k +6,394
11 FIRST CITIZENS BANK & TRUST CO 1.74% of their portfolio RALEIGH, NC 855,785855.8k $94.8m $94.8m 1.74% Reduced -697.9k -697,908
12 Annex Advisory Services, LLC 5.10% of their portfolio BROOKFIELD, WI 830,191830.2k $92.0m $92.0m 5.10% Reduced -66.0k -65,997
13 CWM, LLC 0.55% of their portfolio OMAHA, NE 804,017804.0k $89.1m $89.1m 0.55% Reduced -91.6k -91,590
14 UBS Group AG 0.04% of their portfolio ZURICH, V8 763,769763.8k $84.6m $84.6m 0.04% Added +250.6k +250,550
15 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 746,987747.0k $82.7m $82.7m 0.02% Added +7.4k +7,355
16 OSAIC HOLDINGS, INC. 0.15% of their portfolio SCOTTSDALE, AZ 746,684746.7k $82.7m $82.7m 0.15% Added +52.7k +52,731
17 RiverFront Investment Group, LLC 2.42% of their portfolio RICHMOND, VA 670,376670.4k $74.3m $74.3m 2.42% Added +15.7k +15,724
18 Janney Montgomery Scott LLC 0.25% of their portfolio PHILADELPHIA, PA 641,937641.9k $71.1m $71.1m 0.25% Added +82.8k +82,849
19 RAYMOND JAMES & ASSOCIATES 0.05% of their portfolio ST PETERSBURG, FL 579,673579.7k $64.2m $64.2m 0.05% Reduced -313 -313
20 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 566,257566.3k $62.7m $62.7m 0.02% Added +149.2k +149,231
21 Sequoia Financial Advisors, LLC 0.95% of their portfolio Akron, OH 497,362497.4k $55.1m $55.1m 0.95% Added +163.2k +163,226
22 PARK AVENUE SECURITIES LLC 0.80% of their portfolio NEW YORK, NY 456,440456.4k $50.6m $50.6m 0.80% Added +7.2k +7,152
23 STIFEL FINANCIAL CORP 0.06% of their portfolio ST. LOUIS, MO 399,286399.3k $44.2m $44.2m 0.06% Added +80.4k +80,373
24 Parallel Advisors, LLC 1.26% of their portfolio SAN FRANCISCO, CA 353,367353.4k $39.1m $39.1m 1.26% Added +168.1k +168,146
25 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 320,472320.5k $35.5m $35.5m 0.01% Added +19.8k +19,769
26 MML INVESTORS SERVICES, LLC 0.19% of their portfolio SPRINGFIELD, MA 317,142317.1k $35.1m $35.1m 0.19% Added +53.3k +53,297
27 PATHSTONE FAMILY OFFICE, LLC 0.50% of their portfolio ENGLEWOOD, NJ 315,760315.8k $34.9m $34.9m 0.50% New
28 Cetera Advisors LLC 0.54% of their portfolio DENVER, CO 308,818308.8k $34.2m $34.2m 0.54% Added +21.7k +21,746
29 Cambridge Investment Research Advisors, Inc. 0.14% of their portfolio FAIRFIELD, IA 287,089287.1k $31.8m $31.8m 0.14% Added +44.0k +43,995
30 Cetera Investment Advisers 0.26% of their portfolio SCHAUMBURG, IL 279,225279.2k $30.9m $30.9m 0.26% Added +1.0k +1,045
31 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 272,599272.6k $30.2m $30.2m 0.06% Added +80.1k +80,100
32 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 227,172227.2k $25.2m $25.2m 0.04% Added +54.8k +54,762
33 FIRST FINANCIAL BANK - TRUST DIVISION 2.54% of their portfolio HAMILTON, OH 220,007220.0k $24.4m $24.4m 2.54% Added +636 +636
34 Gradient Investments LLC 0.54% of their portfolio ARDEN HILLS, MN 188,268188.3k $20.9m $20.9m 0.54% New
35 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 185,933185.9k $20.7m $20.7m 0.01% Added +32.7k +32,710
36 TD Waterhouse Canada Inc. 0.25% of their portfolio TORONTO, A6 172,142172.1k $25.0m $25.0m 0.25% Added +9.4k +9,390
37 MARKET STREET WEALTH MANAGEMENT ADVISORS LLC 4.82% of their portfolio INDIANAPOLIS, IN 171,518171.5k $19.0m $19.0m 4.82% Added +6.7k +6,723
38 AVALON CAPITAL MANAGEMENT 8.49% of their portfolio Port Of Redwood City, CA 163,662163.7k $18.1m $18.1m 8.49% Reduced -9.0k -9,009
39 Members Advisory Group LLC 10.26% of their portfolio WILLIAMSVILLE, NY 148,480148.5k $16.4m $16.4m 10.26% Added +1.8k +1,801
40 Cetera Advisor Networks LLC 0.10% of their portfolio EL SEGUNDO, CA 134,305134.3k $14.9m $14.9m 0.10% Added +10.7k +10,705
41 TRANSCEND CAPITAL ADVISORS, LLC 1.42% of their portfolio MADISON, NJ 134,160134.2k $14.9m $14.9m 1.42% Added +192 +192
42 WEALTHSOURCE PARTNERS, LLC 0.89% of their portfolio SAN LUIS OBISPO, CA 122,137122.1k $13.5m $13.5m 0.89% Reduced -3.5k -3,476
43 Vestmark Advisory Solutions, Inc. 0.51% of their portfolio Wakefield, MA 120,201120.2k $13.3m $13.3m 0.51% Added +60.1k +60,099
44 JB Capital LLC 0.99% of their portfolio WETHERSFIELD, CT 105,942105.9k $11.7m $11.7m 0.99% Added +3.3k +3,336
45 CreativeOne Wealth, LLC 0.30% of their portfolio OVERLAND PARK, KS 105,061105.1k $12.0m $12.0m 0.30% Added +71.6k +71,598
46 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 103,377103.4k $11.5m $11.5m 0.01% Added +34.3k +34,331
47 Kelly Financial Services LLC 5.26% of their portfolio BRAINTREE, MA 100,177100.2k $11.1m $11.1m 5.26% Added +9.3k +9,314
48 Quantitative Strategies, Inc. 7.24% of their portfolio CALABASAS, CA 97,33697.3k $10.8m $10.8m 7.24% First filing
49 Atria Investments, Inc 0.19% of their portfolio Charlotte, NC 96,98397.0k $10.7m $10.7m 0.19% Added +8.6k +8,584
50 MA Private Wealth 2.49% of their portfolio SAN CARLOS, CA 96,76096.8k $10.7m $10.7m 2.49% Reduced -254 -254
51 Krilogy Financial LLC 0.95% of their portfolio ST. LOUIS, MO 95,09495.1k $10.5m $10.5m 0.95% Reduced -4.6k -4,574
52 Integrated Wealth Concepts LLC 0.18% of their portfolio WALTHAM, MA 92,89792.9k $10.3m $10.3m 0.18% Added +64.5k +64,550
53 Atria Wealth Solutions, Inc. 0.13% of their portfolio NEW YORK, NY 88,36888.4k $9.8m $9.8m 0.13% Added +21.8k +21,827
54 Trek Financial, LLC 0.82% of their portfolio Scottsdale, AZ 84,06884.1k $9.3m $9.3m 0.82% Reduced -8.8k -8,815
55 TD PRIVATE CLIENT WEALTH LLC 0.40% of their portfolio NEW YORK, NY 82,75182.8k $9.2m $9.2m 0.40% Added +14.1k +14,062
56 Foundations Investment Advisors, LLC 0.29% of their portfolio PHOENIX, AZ 80,19580.2k $8.9m $8.9m 0.29% Added +8.3k +8,334
57 ASSETMARK, INC 0.03% of their portfolio CONCORD, CA 79,75779.8k $8.8m $8.8m 0.03% Added +79.5k +79,462
58 AE Wealth Management LLC 0.05% of their portfolio TOPEKA, KS 78,35178.4k $8.7m $8.7m 0.05% Added +36.4k +36,443
59 Private Advisor Group, LLC 0.07% of their portfolio MORRISTOWN, NJ 78,03878.0k $8.5m $8.5m 0.07% Added +7.3k +7,260
60 RS CRUM INC. 3.00% of their portfolio Newport Beach, CA 75,02575.0k $8.3m $8.3m 3.00% Added +1.9k +1,900
61 NewEdge Advisors, LLC 0.09% of their portfolio NEW ORLEANS, LA 72,41572.4k $8.0m $8.0m 0.09% Added +4.7k +4,677
62 TCWP LLC 1.66% of their portfolio Beachwood, OH 70,32170.3k $7.8m $7.8m 1.66% Added +3.9k +3,867
63 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 68,56168.6k $7.6m $7.6m 0.01% New
64 Bridge Advisory, LLC 2.74% of their portfolio PASADENA, CA 67,37067.4k $7.5m $7.5m 2.74% Reduced -10 -10
65 PAYDEN & RYGEL 0.49% of their portfolio LOS ANGELES, CA 62,83762.8k $7.0m $7.0m 0.49% Added +7.4k +7,445
66 BEAM WEALTH ADVISORS, INC. 4.80% of their portfolio COVINGTON, LA 62,38462.4k $6.9m $6.9m 4.80% Added +39.3k +39,296
67 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 61,08061.1k $6.8m $6.8m 0.03% First filing
68 Benedetti & Gucer, Inc. 3.34% of their portfolio ATLANTA, GA 58,54258.5k $6.5m $6.5m 3.34% Added +17.4k +17,361
69 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 57,27157.3k $6.3m $6.3m 0.01% Added +35.9k +35,938
70 Connectus Wealth, LLC 0.14% of their portfolio CINCINNATI, OH 56,40956.4k $6.3m $6.3m 0.14% Added +44.8k +44,844
71 GRIES FINANCIAL LLC 1.64% of their portfolio Cleveland, OH 53,68953.7k $5.9m $5.9m 1.64% Added +3.2k +3,214
72 SCOTIA CAPITAL INC. 0.04% of their portfolio TORONTO, A6 52,14252.1k $5.8m $5.8m 0.04% Added +370 +370
73 CFS Investment Advisory Services, LLC 0.74% of their portfolio TOTOWA, NJ 51,95052.0k $5.8m $5.8m 0.74% New
74 Horst & Graben Wealth Management LLC 1.35% of their portfolio PORTLAND, OR 51,17051.2k $5.7m $5.7m 1.35% Reduced -38 -38
75 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 50,79150.8k $5.6m $5.6m 0.01% Reduced -2.0k -2,027
76 First Citizens Asset Management, Inc. 2.26% of their portfolio RALEIGH, NC 49,81549.8k $5.5m $5.5m 2.26% Reduced -52.5k -52,521
77 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 47,87747.9k $5.3m $5.3m 0.02% Added +37.6k +37,554
78 One Wealth Advisors, LLC 1.07% of their portfolio SAN FRANCISCO, CA 46,03546.0k $5.1m $5.1m 1.07% Added +689 +689
79 LFA - Lugano Financial Advisors SA 3.38% of their portfolio LUGANO, V8 45,80945.8k $5.1m $5.1m 3.38% Added +1.5k +1,476
80 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 45,74445.7k $5.1m $5.1m 0.01% New
81 High Falls Advisors, Inc 1.44% of their portfolio ROCHESTER, NY 45,73245.7k $5.1m $5.1m 1.44% Added +1.3k +1,328
82 Security Financial Services, INC. 1.39% of their portfolio Fort Wayne, IN 44,37244.4k $4.9m $4.9m 1.39% Added +10.2k +10,205
83 Itau Unibanco Holding S.A. 0.22% of their portfolio SAO PAULO, D5 42,02642.0k $4.7m $4.7m 0.22% Unchanged
84 DAYMARK WEALTH PARTNERS, LLC 0.35% of their portfolio CINCINNATI, OH 42,00142.0k $4.7m $4.7m 0.35% New
85 Blue Trust, Inc. 0.08% of their portfolio BRENTWOOD, TN 41,59741.6k $4.8m $4.8m 0.08% Reduced -27.2k -27,151
86 Icon Wealth Partners, LLC 0.47% of their portfolio HOUSTON, TX 40,53040.5k $4.5m $4.5m 0.47% Added +6.4k +6,355
87 Pettinga Financial Advisors LLC 1.33% of their portfolio EVANSVILLE, IN 40,38540.4k $4.5m $4.5m 1.33% Reduced -11 -11
88 SteelPeak Wealth, LLC 0.26% of their portfolio WOODLAND HILLS, CA 39,86139.9k $4.4m $4.4m 0.26% Added +328 +328
89 CARY STREET PARTNERS ASSET MANAGEMENT LLC 0.81% of their portfolio RICHMOND, VA 39,49639.5k $4.4m $4.4m 0.81% New
90 Cresta Advisors, Ltd. 3.31% of their portfolio LAREDO, TX 38,47338.5k $4.3m $4.3m 3.31% New
91 Sharkey, Howes & Javer 0.80% of their portfolio DENVER, CO 38,22738.2k $4.2m $4.2m 0.80% Added +3.4k +3,389
92 B. Riley Wealth Advisors, Inc. 0.09% of their portfolio MEMPHIS, TN 37,76937.8k $4.2m $4.2m 0.09% Reduced -6.5k -6,461
93 Advisory Services Network, LLC 0.11% of their portfolio ATLANTA, GA 36,75636.8k $4.1m $4.1m 0.11% Added +8.8k +8,816
94 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 36,01136.0k $4.0m $4.0m 0.01% Added +2.0k +2,010
95 Geneos Wealth Management Inc. 0.21% of their portfolio ENGLEWOOD, CO 35,58035.6k $3.9m $3.9m 0.21% Added +10.3k +10,255
96 Austin Private Wealth, LLC 0.56% of their portfolio Austin, TX 35,13135.1k $3.9m $3.9m 0.56% Added +2.7k +2,672
97 Stone House Investment Management, LLC 1.39% of their portfolio TUNKHANNOCK, PA 34,52934.5k $3.8m $3.8m 1.39% Added +737 +737
98 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 34,00034.0k $3.8m $3.8m 0.04% Added +849 +849
99 Orion Portfolio Solutions, LLC 0.04% of their portfolio Omaha, NE 34,00034.0k $3.8m $3.8m 0.04% Added +849 +849
100 RFG Advisory, LLC 0.17% of their portfolio BIRMINGHAM, AL 33,87733.9k $3.8m $3.8m 0.17% Reduced -2.9k -2,898