Vault-13

ISHARES TR TLH

10-20 YR TRS ETF · ETP · CUSIP 464288653

442 institutional holders +34 vs Q1 2024
65,906,16565.9m shares reported held*
$6.8bnreported value*
75 new 168 added 154 reduced 46 sold out net sold ≈ $703.1m (-6.8m 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 ($17.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $102.54. Options: 2 managers hold calls ($2.8m notional), 2 hold puts ($1.9m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 309Q4 22: 353Q1 23: 374Q2 23: 398Q3 23: 348Q4 23: 421Q1 24: 408Q2 24: 442442Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022309
Q4 2022353
Q1 2023374
Q2 2023398
Q3 2023348
Q4 2023421
Q1 2024408
Q2 2024442

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 outQ2 23: 259 bought or addedQ2 23: 143 cut or sold outQ2 23Q3 23: 131 bought or addedQ3 23: 274 cut or sold outQ4 23: 249 bought or addedQ4 23: 166 cut or sold outQ4 23Q1 24: 239 bought or addedQ1 24: 181 cut or sold outQ2 24: 243 bought or addedQ2 24: 200 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022251100
Q1 2023225166
Q2 2023259143
Q3 2023131274
Q4 2023249166
Q1 2024239181
Q2 2024243200

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 23 calls: $1.1mQ3 23 puts: $1.4mQ3 23P/C 1.30Q4 23 calls: $11.1mQ4 23 puts: $2.8mQ4 23P/C 0.26Q1 24 calls: $10.6mQ1 24 puts: $4.3mQ1 24P/C 0.40Q2 24 calls: $2.8mQ2 24 puts: $1.9mQ2 24P/C 0.66
Numbers
QuarterCallsPutsP/C
Q3 2023$1.1m$1.4m1.30
Q4 2023$11.1m$2.8m0.26
Q1 2024$10.6m$4.3m0.40
Q2 2024$2.8m$1.9m0.66

Biggest buyers

Simplicity Wealth,LLC Added +293,832+293.8k
BANK OF AMERICA CORP /DE/ Added +236,997+237.0k
LPL Financial LLC Added +180,975+181.0k
Marks Wealth, LLC New +134,411+134.4k
AllGen Financial Advisors, Inc. New +133,765+133.8k
ASSETMARK, INC Added +111,964+112.0k
Bank of New York Mellon Corp Added +109,090+109.1k
Carr Financial Group Corp New +92,315+92.3k
NorthCoast Asset Management LLC New +82,269+82.3k
LIBERTY WEALTH MANAGEMENT LLC Added +74,739+74.7k

Biggest sellers

MORGAN STANLEY Reduced -4,005,770-4.0m
Annex Advisory Services, LLC Reduced -1,723,512-1.7m
Sequoia Financial Advisors, LLC Reduced -549,404-549.4k
BlackRock Inc. Reduced -458,316-458.3k
JPMORGAN CHASE & CO Reduced -364,342-364.3k
Prime Capital Investment Advisors, LLC Reduced -330,026-330.0k
AMERIPRISE FINANCIAL INC Reduced -274,600-274.6k
CAPTRUST FINANCIAL ADVISORS Reduced -270,896-270.9k
Forum Financial Management, LP Reduced -183,800-183.8k
TRUIST FINANCIAL CORP Reduced -165,662-165.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.6m25.7k shares
CITADEL ADVISORS LLC Reduced $184.9k1.8k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $1.2m11.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $647.0k6.3k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.11% of their portfolio CHARLOTTE, NC 10,952,91011.0m $1.1bn $1.1bn 0.11% Added +237.0k +236,997
2 Forum Financial Management, LP 12.86% of their portfolio LOMBARD, IL 6,919,7086.9m $710.7m $710.7m 12.86% Reduced -183.8k -183,800
3 ENVESTNET ASSET MANAGEMENT INC 0.18% of their portfolio Berwyn, PA 4,901,3804.9m $503.4m $503.4m 0.18% Reduced -61.0k -60,968
4 WELLS FARGO & COMPANY/MN 0.10% of their portfolio SAN FRANCISCO, CA 3,729,2283.7m $383.0m $383.0m 0.10% Reduced -65.8k -65,750
5 TRUIST FINANCIAL CORP 0.51% of their portfolio CHARLOTTE, NC 3,248,1743.2m $333.6m $333.6m 0.51% Reduced -165.7k -165,662
6 AMERIPRISE FINANCIAL INC 0.09% of their portfolio MINNEAPOLIS, MN 3,191,8563.2m $327.8m $327.8m 0.09% Reduced -274.6k -274,600
7 Richard Bernstein Advisors LLC 7.10% of their portfolio NEW YORK, NY 3,120,9443.1m $320.5m $320.5m 7.10% Reduced -162.4k -162,405
8 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,557,3242.6m $262.6m $262.6m 0.01% Reduced -364.3k -364,342
9 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,775,2691.8m $182.3m $182.3m 0.01% Reduced -4.0m -4,005,770
10 LPL Financial LLC 0.09% of their portfolio FORT MILL, SC 1,716,9311.7m $176.3m $176.3m 0.09% Added +181.0k +180,975
11 Itau Unibanco Holding S.A. 4.73% of their portfolio SAO PAULO, D5 1,125,1501.1m $115.6m $115.6m 4.73% Reduced -8.9k -8,918
12 Johns Hopkins University 4.41% of their portfolio BALTIMORE, MD 1,075,4271.1m $110.4m $110.4m 4.41% Added +50.0k +50,047
13 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,039,1341.0m $106.7m $106.7m 0.03% Reduced -22.7k -22,740
14 Pathstone Holdings, LLC 0.47% of their portfolio ENGLEWOOD, NJ 1,019,3361.0m $104.7m $104.7m 0.47% Added +56.9k +56,874
15 ASSETMARK, INC 0.28% of their portfolio CONCORD, CA 873,662873.7k $89.7m $89.7m 0.28% Added +112.0k +111,964
16 Envestnet Portfolio Solutions, Inc. 0.30% of their portfolio BERWYN, PA 837,758837.8k $86.0m $86.0m 0.30% Added +26.2k +26,190
17 Destination Wealth Management 2.47% of their portfolio Walnut Creek, CA 728,360728.4k $74.8m $74.8m 2.47% Added +16.6k +16,561
18 FAS Wealth Partners, Inc. 6.10% of their portfolio LEAWOOD, KS 686,934686.9k $70.5m $70.5m 6.10% Added +31.1k +31,102
19 FIRST CITIZENS BANK & TRUST CO 1.06% of their portfolio RALEIGH, NC 547,891547.9k $56.3m $56.3m 1.06% Added +11.7k +11,672
20 RiverFront Investment Group, LLC 1.47% of their portfolio RICHMOND, VA 537,448537.4k $55.2m $55.2m 1.47% Reduced -5.2k -5,224
21 Smith Anglin Financial, LLC 4.85% of their portfolio DALLAS, TX 466,897466.9k $48.0m $48.0m 4.85% Added +18.7k +18,688
22 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 436,601436.6k $44.8m $44.8m 0.05% Added +8.5k +8,493
23 Cetera Investment Advisers 0.10% of their portfolio SCHAUMBURG, IL 429,164429.2k $44.1m $44.1m 0.10% Reduced -41.6k -41,600
24 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 419,716419.7k $43.1m $43.1m 0.01% Reduced -101.6k -101,604
25 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 398,253398.3k $40.9m $40.9m 0.03% Added +34.0k +34,017
26 Janney Montgomery Scott LLC 0.12% of their portfolio PHILADELPHIA, PA 376,846376.8k $38.7m $38.7m 0.12% Reduced -4.6k -4,605
27 CAPTRUST FINANCIAL ADVISORS 0.12% of their portfolio RALEIGH, NC 369,593369.6k $38.0m $38.0m 0.12% Reduced -270.9k -270,896
28 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 352,127352.1k $36.2m $36.2m 0.04% Added +27.9k +27,895
29 MML INVESTORS SERVICES, LLC 0.14% of their portfolio SPRINGFIELD, MA 328,952329.0k $33.8m $33.8m 0.14% Added +40.2k +40,177
30 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 315,973316.0k $32.5m $32.5m 0.05% Reduced -42.7k -42,717
31 TD PRIVATE CLIENT WEALTH LLC 1.01% of their portfolio NEW YORK, NY 311,180311.2k $32.0m $32.0m 1.01% Added +39.3k +39,334
32 Simplicity Wealth,LLC 0.69% of their portfolio SUMMIT, NJ 299,352299.4k $30.7m $30.7m 0.69% Added +293.8k +293,832
33 Sanctuary Advisors, LLC 0.20% of their portfolio INDIANAPOLIS, IN 276,579276.6k $27.4m $27.4m 0.20% First filing
34 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 276,246276.2k $28.4m $28.4m 0.07% Added +6.4k +6,402
35 TD Waterhouse Canada Inc. 0.22% of their portfolio TORONTO, A6 247,486247.5k $25.1m $25.1m 0.22% Added +42.6k +42,556
36 Arrow Financial Corp 2.35% of their portfolio Glens Falls, NY 234,876234.9k $24.1m $24.1m 2.35% Added +4.9k +4,877
37 Thrivent Financial for Lutherans 0.05% of their portfolio Minneapolis, MN 232,506232.5k $23.9m $23.9m 0.05% Added +43.0k +42,986
38 Financial Engines Advisors L.L.C. 0.05% of their portfolio SANTA CLARA, CA 217,110217.1k $22.3m $22.3m 0.05% Reduced -32.9k -32,875
39 CWM, LLC 0.10% of their portfolio OMAHA, NE 209,695209.7k $21.5m $21.5m 0.10% Reduced -93.7k -93,727
40 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 195,888195.9k $20.1m $20.1m 0.00% Added +109.1k +109,090
41 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 190,360190.4k $19.5m $19.5m 0.03% Reduced -53.9k -53,944
42 PARK AVENUE SECURITIES LLC 0.23% of their portfolio NEW YORK, NY 186,660186.7k $19.2m $19.2m 0.23% Added +11.8k +11,843
43 Private Advisor Group, LLC 0.13% of their portfolio MORRISTOWN, NJ 181,605181.6k $18.7m $18.7m 0.13% Reduced -1.8k -1,848
44 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 175,069175.1k $18.0m $18.0m 0.02% Added +32.6k +32,556
45 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 173,901173.9k $17.9m $17.9m 0.05% Reduced -41.6k -41,566
46 Johnson Bixby & Associates, LLC 2.98% of their portfolio VANCOUVER, WA 173,251173.3k $17.8m $17.8m 2.98% Added +9.8k +9,802
47 Vestmark Advisory Solutions, Inc. 0.74% of their portfolio Wakefield, MA 172,452172.5k $17.7m $17.7m 0.74% Reduced -12.2k -12,162
48 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 171,187171.2k $17.6m $17.6m 0.04% Added +2.4k +2,446
49 Members Advisory Group LLC 9.20% of their portfolio WILLIAMSVILLE, NY 164,107164.1k $16.9m $16.9m 9.20% Added +3.9k +3,923
50 REGATTA CAPITAL GROUP, LLC 3.62% of their portfolio EL SEGUNDO, CA 163,435163.4k $16.8m $16.8m 3.62% Added +9.5k +9,503
51 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 162,260162.3k $16.7m $16.7m 0.06% Reduced -28.0k -27,982
52 Goelzer Investment Management, Inc. 0.93% of their portfolio CARMEL, IN 161,376161.4k $16.6m $16.6m 0.93% Added +4.5k +4,466
53 Steward Partners Investment Advisory, LLC 0.17% of their portfolio STAMFORD, CT 159,964160.0k $16.4m $16.4m 0.17% Added +69.9k +69,933
54 NICOLET ADVISORY SERVICES, LLC 1.41% of their portfolio GREEN BAY, WI 142,475142.5k $14.7m $14.7m 1.41% Added +8.3k +8,252
55 Pinnacle Financial Partners Inc 0.31% of their portfolio Nashville, TN 138,860138.9k $14.3m $14.3m 0.31% Reduced -42.0k -41,952
56 Marks Wealth, LLC 6.09% of their portfolio ELLICOTT CITY, MD 134,411134.4k $13.8m $13.8m 6.09% New
57 AllGen Financial Advisors, Inc. 5.21% of their portfolio ORLANDO, FL 133,765133.8k $13.7m $13.7m 5.21% New
58 FIRST FINANCIAL BANK - TRUST DIVISION 1.31% of their portfolio HAMILTON, OH 129,299129.3k $13.3m $13.3m 1.31% Reduced -5.1k -5,075
59 Quantitative Strategies, Inc. 6.86% of their portfolio CALABASAS, CA 117,066117.1k $12.0m $12.0m 6.86% Added +3.8k +3,818
60 Columbia Bank 4.49% of their portfolio Lake Oswego, OR 112,944112.9k $11.6m $11.6m 4.49% Added +18.1k +18,088
61 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 109,906109.9k $11.3m $11.3m 0.02% Reduced -10.3k -10,294
62 FINANCIAL LIFE ADVISORS 4.19% of their portfolio SAN ANTONIO, TX 100,532100.5k $10.3m $10.3m 4.19% Added +8.4k +8,397
63 BlackRock Inc. 0.00% of their portfolio New York, NY 99,08699.1k $10.2m $10.2m 0.00% Reduced -458.3k -458,316
64 SYON CAPITAL LLC 0.90% of their portfolio SAN FRANCISCO, CA 95,50795.5k $9.8m $9.8m 0.90% Added +10.9k +10,898
65 HENGEHOLD CAPITAL MANAGEMENT LLC 0.99% of their portfolio CINCINNATI, OH 92,45392.5k $9.5m $9.5m 0.99% Reduced -1.3k -1,251
66 Carr Financial Group Corp 3.02% of their portfolio WORCESTER, MA 92,31592.3k $9.5m $9.5m 3.02% New
67 Beacon Pointe Advisors, LLC 0.11% of their portfolio NEWPORT BEACH, CA 92,16992.2k $9.5m $9.5m 0.11% Added +1.9k +1,903
68 ARVEST INVESTMENTS, INC. 1.51% of their portfolio LOWELL, AR 91,91791.9k $9.4m $9.4m 1.51% Added +16.2k +16,242
69 GGM Financial LLC 8.43% of their portfolio COLUMBUS, OH 89,18689.2k $9.2m $9.2m 8.43% First filing
70 DAYMARK WEALTH PARTNERS, LLC 0.41% of their portfolio CINCINNATI, OH 87,75887.8k $9.0m $9.0m 0.41% Reduced -11.9k -11,900
71 Harvest Portfolios Group Inc. 0.34% of their portfolio Oakville, A6 87,63787.6k $9.0m $9.0m 0.34% Reduced -6.0k -5,968
72 LIBERTY WEALTH MANAGEMENT LLC 0.00% of their portfolio OAKLAND, CA 85,66985.7k $1.2k $1.2k 0.00% Added +74.7k +74,739
73 COLDSTREAM CAPITAL MANAGEMENT INC 0.21% of their portfolio BELLEVUE, WA 83,46883.5k $8.6m $8.6m 0.21% Reduced -8.4k -8,359
74 NorthCoast Asset Management LLC 0.07% of their portfolio STAMFORD, CT 82,26982.3k $8.5m $8.5m 0.07% New
75 Heck Capital Advisors, LLC 1.01% of their portfolio Rhinelander, WI 79,18379.2k $8.1m $8.1m 1.01% Added +63.3k +63,255
76 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.12% of their portfolio ST. LOUIS, MO 78,47778.5k $8.1m $8.1m 0.12% Reduced -852 -852
77 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 70,91670.9k $7.3m $7.3m 0.01% Added +68.0k +68,018
78 Trek Financial, LLC 0.57% of their portfolio Scottsdale, AZ 70,22270.2k $7.2m $7.2m 0.57% Added +4.7k +4,671
79 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 69,19469.2k $7.1m $7.1m 0.01% Added +39.5k +39,509
80 Affinity Capital Advisors, LLC 1.48% of their portfolio BERKELEY, CA 68,47068.5k $7.0m $7.0m 1.48% Added +6.7k +6,736
81 PRINCIPAL SECURITIES, INC. 0.19% of their portfolio DES MOINES, IA 68,07968.1k $7.0m $7.0m 0.19% Added +2.1k +2,102
82 Commonwealth Financial Services, LLC 1.38% of their portfolio VIENNA, WV 64,86464.9k $6.7m $6.7m 1.38% New
83 Integrated Wealth Concepts LLC 0.09% of their portfolio WALTHAM, MA 64,40364.4k $6.6m $6.6m 0.09% Added +30.7k +30,699
84 SVB WEALTH LLC 0.16% of their portfolio BOSTON, MA 62,56062.6k $6.4m $6.4m 0.16% Added +9.1k +9,134
85 Atria Investments, Inc 0.08% of their portfolio Charlotte, NC 62,31362.3k $6.4m $6.4m 0.08% Added +2.0k +1,959
86 EWA, LLC 2.67% of their portfolio PITTSBURGH, PA 62,16962.2k $6.4m $6.4m 2.67% Added +5.0k +5,026
87 SCOTIA CAPITAL INC. 0.04% of their portfolio TORONTO, A6 61,70761.7k $6.3m $6.3m 0.04% Added +851 +851
88 TRANSCEND CAPITAL ADVISORS, LLC 0.45% of their portfolio MADISON, NJ 60,93960.9k $6.3m $6.3m 0.45% Added +503 +503
89 Focus Financial Network, Inc. 0.27% of their portfolio MINNEAPOLIS, MN 60,35560.4k $6.3m $6.3m 0.27% Added +6.3k +6,285
90 Tidal Investments LLC 0.09% of their portfolio Milwaukee, WI 60,32260.3k $6.2m $6.2m 0.09% Reduced -16.2k -16,204
91 OneDigital Investment Advisors LLC 0.07% of their portfolio OVERLAND PARK, KS 57,48457.5k $5.9m $5.9m 0.07% Reduced -18.7k -18,654
92 Financial Advocates Investment Management 0.31% of their portfolio OLYMPIA, WA 56,98557.0k $5.0m $5.0m 0.31% Added +35.7k +35,746
93 Atria Wealth Solutions, Inc. 0.06% of their portfolio NEW YORK, NY 55,95456.0k $5.7m $5.7m 0.06% Added +6.6k +6,630
94 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 55,06555.1k $5.7m $5.7m 0.04% Added +28.2k +28,246
95 Dynasty Wealth Management, LLC 0.16% of their portfolio ST. PETERSBURG, FL 54,37854.4k $5.6m $5.6m 0.16% Added +43.7k +43,747
96 Krilogy Financial LLC 0.39% of their portfolio ST. LOUIS, MO 52,01352.0k $5.3m $5.3m 0.39% Reduced -7.1k -7,115
97 RETIREMENT CAPITAL STRATEGIES 2.12% of their portfolio SAN JOSE, CA 51,39551.4k $5.3m $5.3m 2.12% New
98 Cresta Advisors, Ltd. 3.06% of their portfolio LAREDO, TX 50,24850.2k $5.2m $5.2m 3.06% Added +1.3k +1,299
99 AVAII WEALTH MANAGEMENT, LLC 2.81% of their portfolio APPLETON, WI 49,39549.4k $5.1m $5.1m 2.81% Added +2.9k +2,911
100 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 48,60048.6k $4.9m $4.9m 0.01% New