Vault-13

ISHARES TR TLH

10-20 YR TRS ETF · ETP · CUSIP 464288653

481 institutional holders +39 vs Q2 2024
64,091,81364.1m shares reported held*
$7.0bnreported value*
78 new 205 added 150 reduced 40 sold out net sold ≈ $224.6m (-2.1m 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 ($30.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $109.15. Options: 2 managers hold calls ($3.2m notional), 2 hold puts ($1.8m).

Trends to Q3 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: 442Q3 24: 481481Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022309
Q4 2022353
Q1 2023374
Q2 2023398
Q3 2023348
Q4 2023421
Q1 2024408
Q2 2024442
Q3 2024481

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 outQ1 23: 225 bought or addedQ1 23: 166 cut or sold outQ1 23Q2 23: 259 bought or addedQ2 23: 143 cut or sold outQ3 23: 131 bought or addedQ3 23: 274 cut or sold outQ3 23Q4 23: 249 bought or addedQ4 23: 166 cut or sold outQ1 24: 239 bought or addedQ1 24: 181 cut or sold outQ1 24Q2 24: 243 bought or addedQ2 24: 200 cut or sold outQ3 24: 283 bought or addedQ3 24: 190 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022251100
Q1 2023225166
Q2 2023259143
Q3 2023131274
Q4 2023249166
Q1 2024239181
Q2 2024243200
Q3 2024283190

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ4 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 0.66Q3 24 calls: $3.2mQ3 24 puts: $1.8mQ3 24P/C 0.57
Numbers
QuarterCallsPutsP/C
Q4 2023$11.1m$2.8m0.26
Q1 2024$10.6m$4.3m0.40
Q2 2024$2.8m$1.9m0.66
Q3 2024$3.2m$1.8m0.57

Biggest buyers

JPMORGAN CHASE & CO Added +1,741,716+1.7m
SIGNATURE ESTATE & INVESTMENT ADVISORS LLC New +774,952+775.0k
ASSETMARK, INC Added +660,882+660.9k
Cetera Investment Advisers Added +246,154+246.2k
Forum Financial Management, LP Added +217,762+217.8k
MORGAN STANLEY Added +169,278+169.3k
EASTERN BANK New +147,624+147.6k
TIAA TRUST, NATIONAL ASSOCIATION New +141,004+141.0k
Smith Anglin Financial, LLC Added +137,917+137.9k
WELLS FARGO & COMPANY/MN Added +128,426+128.4k

Biggest sellers

TRUIST FINANCIAL CORP Reduced -1,811,479-1.8m
ENVESTNET ASSET MANAGEMENT INC Reduced -1,455,758-1.5m
Richard Bernstein Advisors LLC Reduced -1,202,837-1.2m
BANK OF AMERICA CORP /DE/ Reduced -1,166,444-1.2m
Pathstone Holdings, LLC Reduced -910,060-910.1k
Janney Montgomery Scott LLC Sold out -376,846-376.8k
TD PRIVATE CLIENT WEALTH LLC Reduced -303,198-303.2k
Simplicity Wealth,LLC Reduced -265,114-265.1k
AMERIPRISE FINANCIAL INC Reduced -220,491-220.5k
TD Waterhouse Canada Inc. Reduced -167,256-167.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.0m27.5k shares
CITADEL ADVISORS LLC Reduced $185.9k1.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.2m11.3k shares
CITADEL ADVISORS LLC Reduced $579.4k5.3k 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, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.09% of their portfolio CHARLOTTE, NC 9,786,4669.8m $1.1bn $1.1bn 0.09% Reduced -1.2m -1,166,444
2 Forum Financial Management, LP 12.98% of their portfolio LOMBARD, IL 7,137,4707.1m $780.3m $780.3m 12.98% Added +217.8k +217,762
3 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 4,299,0404.3m $470.0m $470.0m 0.02% Added +1.7m +1,741,716
4 WELLS FARGO & COMPANY/MN 0.10% of their portfolio SAN FRANCISCO, CA 3,857,6543.9m $421.8m $421.8m 0.10% Added +128.4k +128,426
5 ENVESTNET ASSET MANAGEMENT INC 0.12% of their portfolio Berwyn, PA 3,445,6223.4m $376.7m $376.7m 0.12% Reduced -1.5m -1,455,758
6 AMERIPRISE FINANCIAL INC 0.08% of their portfolio MINNEAPOLIS, MN 2,971,3653.0m $324.7m $324.7m 0.08% Reduced -220.5k -220,491
7 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 1,944,5471.9m $212.6m $212.6m 0.02% Added +169.3k +169,278
8 Richard Bernstein Advisors LLC 4.50% of their portfolio NEW YORK, NY 1,918,1071.9m $209.7m $209.7m 4.50% Reduced -1.2m -1,202,837
9 LPL Financial LLC 0.09% of their portfolio FORT MILL, SC 1,820,7591.8m $199.1m $199.1m 0.09% Added +103.8k +103,828
10 ASSETMARK, INC 0.48% of their portfolio CONCORD, CA 1,534,5441.5m $167.8m $167.8m 0.48% Added +660.9k +660,882
11 TRUIST FINANCIAL CORP 0.25% of their portfolio CHARLOTTE, NC 1,436,6951.4m $157.1m $157.1m 0.25% Reduced -1.8m -1,811,479
12 Johns Hopkins University 4.90% of their portfolio BALTIMORE, MD 1,196,6771.2m $130.8m $130.8m 4.90% Added +121.2k +121,250
13 Itau Unibanco Holding S.A. 3.91% of their portfolio SAO PAULO, D5 1,086,4371.1m $118.8m $118.8m 3.91% Reduced -38.7k -38,713
14 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,080,4531.1m $118.1m $118.1m 0.03% Added +41.3k +41,319
15 Envestnet Portfolio Solutions, Inc. 0.31% of their portfolio BERWYN, PA 880,352880.4k $96.2m $96.2m 0.31% Added +42.6k +42,594
16 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 1.95% of their portfolio LOS ANGELES, CA 774,952775.0k $84.7m $84.7m 1.95% New
17 Destination Wealth Management 2.53% of their portfolio Walnut Creek, CA 745,129745.1k $81.5m $81.5m 2.53% Added +16.8k +16,769
18 FAS Wealth Partners, Inc. 6.11% of their portfolio LEAWOOD, KS 702,163702.2k $76.8m $76.8m 6.11% Added +15.2k +15,229
19 Cetera Investment Advisers 0.16% of their portfolio SCHAUMBURG, IL 675,318675.3k $73.8m $73.8m 0.16% Added +246.2k +246,154
20 Smith Anglin Financial, LLC 6.37% of their portfolio DALLAS, TX 604,814604.8k $66.1m $66.1m 6.37% Added +137.9k +137,917
21 FIRST CITIZENS BANK & TRUST CO 1.43% of their portfolio RALEIGH, NC 595,164595.2k $65.1m $65.1m 1.43% Added +47.3k +47,273
22 RiverFront Investment Group, LLC 1.24% of their portfolio RICHMOND, VA 483,272483.3k $52.8m $52.8m 1.24% Reduced -54.2k -54,176
23 CAPTRUST FINANCIAL ADVISORS 0.15% of their portfolio RALEIGH, NC 450,667450.7k $49.3m $49.3m 0.15% Added +81.1k +81,074
24 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 449,969450.0k $49.2m $49.2m 0.05% Added +13.4k +13,368
25 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 377,559377.6k $41.3m $41.3m 0.04% Added +25.4k +25,432
26 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 360,346360.3k $39.4m $39.4m 0.02% Reduced -37.9k -37,907
27 OSAIC HOLDINGS, INC. 0.09% of their portfolio SCOTTSDALE, AZ 352,524352.5k $38.5m $38.5m 0.09% Added +76.3k +76,278
28 MML INVESTORS SERVICES, LLC 0.13% of their portfolio SPRINGFIELD, MA 337,679337.7k $36.9m $36.9m 0.13% Added +8.7k +8,727
29 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 296,257296.3k $32.4m $32.4m 0.01% Reduced -123.5k -123,459
30 Sanctuary Advisors, LLC 0.17% of their portfolio INDIANAPOLIS, IN 260,180260.2k $26.5m $26.5m 0.17% Reduced -16.4k -16,399
31 Cambridge Investment Research Advisors, Inc. 0.09% of their portfolio FAIRFIELD, IA 252,319252.3k $27.6m $27.6m 0.09% Added +90.1k +90,059
32 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 247,178247.2k $27.0m $27.0m 0.04% Reduced -68.8k -68,795
33 CWM, LLC 0.11% of their portfolio OMAHA, NE 234,209234.2k $25.6m $25.6m 0.11% Added +24.5k +24,514
34 Vestmark Advisory Solutions, Inc. 0.92% of their portfolio Wakefield, MA 224,930224.9k $24.6m $24.6m 0.92% Added +52.5k +52,478
35 Arrow Financial Corp 2.17% of their portfolio Glens Falls, NY 214,849214.8k $23.5m $23.5m 2.17% Reduced -20.0k -20,027
36 Johnson Bixby & Associates, LLC 3.57% of their portfolio VANCOUVER, WA 214,089214.1k $23.4m $23.4m 3.57% Added +40.8k +40,838
37 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 206,478206.5k $22.6m $22.6m 0.03% Added +16.1k +16,118
38 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 186,744186.7k $20.4m $20.4m 0.00% Reduced -9.1k -9,144
39 PARK AVENUE SECURITIES LLC 0.22% of their portfolio NEW YORK, NY 182,375182.4k $19.9m $19.9m 0.22% Reduced -4.3k -4,285
40 HENGEHOLD CAPITAL MANAGEMENT LLC 1.89% of their portfolio CINCINNATI, OH 181,906181.9k $19.9m $19.9m 1.89% Added +89.5k +89,453
41 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 180,803180.8k $19.8m $19.8m 0.05% Added +6.9k +6,902
42 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 179,927179.9k $19.7m $19.7m 0.04% Added +8.7k +8,740
43 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 176,835176.8k $19.3m $19.3m 0.02% Added +1.8k +1,766
44 REGATTA CAPITAL GROUP, LLC 3.70% of their portfolio EL SEGUNDO, CA 174,409174.4k $19.1m $19.1m 3.70% Added +11.0k +10,974
45 Steward Partners Investment Advisory, LLC 0.18% of their portfolio STAMFORD, CT 173,861173.9k $19.0m $19.0m 0.18% Added +13.9k +13,897
46 Private Advisor Group, LLC 0.12% of their portfolio MORRISTOWN, NJ 172,553172.6k $18.9m $18.9m 0.12% Reduced -9.1k -9,052
47 Members Advisory Group LLC 9.32% of their portfolio WILLIAMSVILLE, NY 170,522170.5k $18.6m $18.6m 9.32% Added +6.4k +6,415
48 Goelzer Investment Management, Inc. 0.98% of their portfolio CARMEL, IN 163,214163.2k $17.8m $17.8m 0.98% Added +1.8k +1,838
49 NorthCoast Asset Management LLC 0.12% of their portfolio STAMFORD, CT 155,784155.8k $17.1m $17.1m 0.12% Added +73.5k +73,515
50 AllGen Financial Advisors, Inc. 5.28% of their portfolio ORLANDO, FL 148,742148.7k $16.3m $16.3m 5.28% Added +15.0k +14,977
51 EASTERN BANK 0.29% of their portfolio BOSTON, MA 147,624147.6k $16.1m $16.1m 0.29% New
52 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 146,562146.6k $16.0m $16.0m 0.03% Reduced -85.9k -85,944
53 TIAA TRUST, NATIONAL ASSOCIATION 0.05% of their portfolio CHARLOTTE, NC 141,004141.0k $15.4m $15.4m 0.05% New
54 NICOLET ADVISORY SERVICES, LLC 1.43% of their portfolio GREEN BAY, WI 140,240140.2k $15.2m $15.2m 1.43% Reduced -2.2k -2,235
55 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 134,901134.9k $14.8m $14.8m 0.02% Added +25.0k +24,995
56 Pinnacle Financial Partners Inc 0.29% of their portfolio Nashville, TN 130,462130.5k $14.3m $14.3m 0.29% Reduced -8.4k -8,398
57 Marks Wealth, LLC 5.94% of their portfolio ELLICOTT CITY, MD 126,647126.6k $13.8m $13.8m 5.94% Reduced -7.8k -7,764
58 Keel Point, LLC 1.14% of their portfolio HUNTSVILLE, AL 125,607125.6k $13.7m $13.7m 1.14% New
59 Financial Engines Advisors L.L.C. 0.03% of their portfolio SANTA CLARA, CA 124,709124.7k $13.6m $13.6m 0.03% Reduced -92.4k -92,401
60 Carr Financial Group Corp 4.00% of their portfolio WORCESTER, MA 122,537122.5k $13.4m $13.4m 4.00% Added +30.2k +30,222
61 Harvest Portfolios Group Inc. 0.44% of their portfolio Oakville, A6 121,504121.5k $13.3m $13.3m 0.44% Added +33.9k +33,867
62 Quantitative Strategies, Inc. 6.76% of their portfolio CALABASAS, CA 116,687116.7k $12.8m $12.8m 6.76% Reduced -379 -379
63 DAYMARK WEALTH PARTNERS, LLC 0.51% of their portfolio CINCINNATI, OH 111,178111.2k $12.2m $12.2m 0.51% Added +23.4k +23,420
64 BlackRock, Inc. 0.00% of their portfolio New York, NY 110,893110.9k $12.1m $12.1m 0.00% First filing
65 Ocean Park Asset Management, LLC 0.53% of their portfolio SANTA MONICA, CA 110,800110.8k $12.1m $12.1m 0.53% New
66 NewEdge Advisors, LLC 0.08% of their portfolio NEW ORLEANS, LA 110,417110.4k $12.1m $12.1m 0.08% Added +55.4k +55,352
67 Pathstone Holdings, LLC 0.05% of their portfolio ENGLEWOOD, NJ 109,276109.3k $11.9m $11.9m 0.05% Reduced -910.1k -910,060
68 FINANCIAL LIFE ADVISORS 4.37% of their portfolio SAN ANTONIO, TX 105,910105.9k $11.6m $11.6m 4.37% Added +5.4k +5,378
69 Systelligence, LLC 2.79% of their portfolio BLOOMINGTON, MN 102,946102.9k $11.3m $11.3m 2.79% New
70 SYON CAPITAL LLC 0.99% of their portfolio SAN FRANCISCO, CA 102,727102.7k $11.2m $11.2m 0.99% Added +7.2k +7,220
71 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 102,188102.2k $11.2m $11.2m 0.00% Added +55.6k +55,629
72 Dynasty Wealth Management, LLC 0.22% of their portfolio ST. PETERSBURG, FL 99,84899.8k $7.4m $7.4m 0.22% Added +45.5k +45,470
73 ARVEST INVESTMENTS, INC. 1.50% of their portfolio LOWELL, AR 90,81790.8k $9.9m $9.9m 1.50% Reduced -1.1k -1,100
74 GGM Financial LLC 8.54% of their portfolio COLUMBUS, OH 90,64890.6k $9.9m $9.9m 8.54% Added +1.5k +1,462
75 Orion Porfolio Solutions, LLC 0.10% of their portfolio OMAHA, NE 89,82489.8k $9.8m $9.8m 0.10% Added +72.9k +72,873
76 Orion Portfolio Solutions, LLC 0.10% of their portfolio Omaha, NE 89,82489.8k $9.8m $9.8m 0.10% Added +72.9k +72,873
77 COLDSTREAM CAPITAL MANAGEMENT INC 0.19% of their portfolio BELLEVUE, WA 81,45181.5k $8.9m $8.9m 0.19% Reduced -2.0k -2,017
78 Net Worth Advisory Group 2.64% of their portfolio SANDY, UT 81,22981.2k $8.9m $8.9m 2.64% First filing
79 TD Waterhouse Canada Inc. 0.07% of their portfolio TORONTO, A6 80,23080.2k $8.8m $8.8m 0.07% Reduced -167.3k -167,256
80 Affinity Capital Advisors, LLC 1.62% of their portfolio BERKELEY, CA 76,43576.4k $8.4m $8.4m 1.62% Added +8.0k +7,965
81 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.11% of their portfolio ST. LOUIS, MO 75,98976.0k $8.3m $8.3m 0.11% Reduced -2.5k -2,488
82 Federation des caisses Desjardins du Quebec 0.04% of their portfolio LEVIS, A8 70,05270.1k $7.7m $7.7m 0.04% New
83 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 69,24469.2k $7.6m $7.6m 0.01% Added +61.4k +61,397
84 Trek Financial, LLC 0.57% of their portfolio Scottsdale, AZ 69,16069.2k $7.6m $7.6m 0.57% Reduced -1.1k -1,062
85 Focus Financial Network, Inc. 0.30% of their portfolio MINNEAPOLIS, MN 67,29867.3k $7.4m $7.4m 0.30% Added +6.9k +6,943
86 Demars Financial Group, LLC 3.31% of their portfolio SPOKANE VALLEY, WA 66,30566.3k $7.2m $7.2m 3.31% New
87 SCOTIA CAPITAL INC. 0.04% of their portfolio TORONTO, A6 64,44264.4k $7.0m $7.0m 0.04% Added +2.7k +2,735
88 Integrated Wealth Concepts LLC 0.09% of their portfolio WALTHAM, MA 64,31264.3k $7.0m $7.0m 0.09% Reduced -91 -91
89 Royal Fund Management, LLC 0.50% of their portfolio Lady Lake, FL 64,12264.1k $7.0m $7.0m 0.50% Added +17.3k +17,339
90 Atria Wealth Solutions, Inc. 0.08% of their portfolio NEW YORK, NY 63,79163.8k $7.0m $7.0m 0.08% Added +7.8k +7,837
91 PRINCIPAL SECURITIES, INC. 0.17% of their portfolio DES MOINES, IA 63,05763.1k $6.9m $6.9m 0.17% Reduced -5.0k -5,022
92 Mariner, LLC 0.01% of their portfolio Overland Park, KS 61,65161.7k $6.7m $6.7m 0.01% Added +51.3k +51,298
93 OneDigital Investment Advisors LLC 0.07% of their portfolio OVERLAND PARK, KS 59,69259.7k $6.5m $6.5m 0.07% Added +2.2k +2,208
94 CMC Financial Group 9.48% of their portfolio ATLANTA, GA 59,02559.0k $6.5m $6.5m 9.48% New
95 RETIREMENT CAPITAL STRATEGIES 2.49% of their portfolio SAN JOSE, CA 58,29358.3k $6.4m $6.4m 2.49% Added +6.9k +6,898
96 Nan Shan Life Insurance Co., Ltd. 0.14% of their portfolio Taipei City, F5 54,70054.7k $6.0m $6.0m 0.14% New
97 Atria Investments, Inc 0.07% of their portfolio Charlotte, NC 54,20254.2k $5.9m $5.9m 0.07% Reduced -8.1k -8,111
98 Cresta Advisors, Ltd. 3.03% of their portfolio LAREDO, TX 52,92052.9k $5.8m $5.8m 3.03% Added +2.7k +2,672
99 Columbia Bank 2.11% of their portfolio Lake Oswego, OR 52,75552.8k $5.8m $5.8m 2.11% Reduced -60.2k -60,189
100 EWA, LLC 1.83% of their portfolio PITTSBURGH, PA 50,36350.4k $5.1m $5.1m 1.83% Reduced -11.8k -11,806