Vault-13

ISHARES TR IEI

3 7 YR TREAS BD · ETP · CUSIP 464288661

585 institutional holders +11 vs Q4 2022
88,754,14588.8m shares reported held*
$10.6bnreported value*
90 new 210 added 174 reduced 76 sold out net bought ≈ $224.2m (+760.1k 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 ($36.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $119.10. Options: 6 managers hold calls ($381.3m notional), 7 hold puts ($478.5m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 545Q4 22: 574Q1 23: 585585Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022545
Q4 2022574
Q1 2023585

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 250 bought or addedQ4 22: 276 cut or sold outQ4 22Q1 23: 300 bought or addedQ1 23: 250 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022250276
Q1 2023300250

Calls vs puts

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

CallsPuts
$0$200m$400m$600mQ3 22 calls: $156.4mQ3 22 puts: $114.0mQ3 22P/C 0.73Q4 22 calls: $243.2mQ4 22 puts: $280.7mQ4 22P/C 1.15Q1 23 calls: $381.3mQ1 23 puts: $478.5mQ1 23P/C 1.25
Numbers
QuarterCallsPutsP/C
Q3 2022$156.4m$114.0m0.73
Q4 2022$243.2m$280.7m1.15
Q1 2023$381.3m$478.5m1.25

Biggest buyers

WestEnd Advisors, LLC New +1,242,034+1.2m
MORGAN STANLEY Added +1,113,887+1.1m
BTS Asset Management, Inc. New +806,289+806.3k
UBS Group AG Added +659,875+659.9k
ENVESTNET ASSET MANAGEMENT INC Added +517,339+517.3k
FIFTH THIRD BANCORP Added +469,557+469.6k
CITADEL ADVISORS LLC New +426,453+426.5k
CWA Asset Management Group, LLC New +419,551+419.6k
JANE STREET GROUP, LLC Added +376,562+376.6k
Orion Porfolio Solutions, LLC New +303,508+303.5k

Biggest sellers

JPMORGAN CHASE & CO Reduced -3,939,422-3.9m
WestEnd Advisors, LLC Sold out -1,119,864-1.1m
Lombard Odier Asset Management (USA) Corp Sold out -1,000,000-1.0m
AMERIPRISE FINANCIAL INC Reduced -674,929-674.9k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -515,507-515.5k
Charles Schwab Investment Advisory, Inc. Reduced -401,588-401.6k
LPL Financial LLC Reduced -367,014-367.0k
Thrivent Financial for Lutherans Reduced -321,564-321.6k
SFMG, LLC Reduced -185,514-185.5k
Donoghue Forlines LLC Sold out -166,080-166.1k

Biggest calls

Lombard Odier Asset Management (USA) Corp Added $235.3m2.0m shares
BANK OF AMERICA CORP /DE/ New $129.4m1.1m shares
CITADEL ADVISORS LLC Reduced $9.3m78.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.1m43.6k shares
WOLVERINE TRADING, LLC Added $1.5m13.1k shares
GOLDMAN SACHS GROUP INC New $705.9k6.0k shares

Biggest puts

Lombard Odier Asset Management (USA) Corp Added $352.9m3.0m shares
BOOTHBAY FUND MANAGEMENT, LLC Added $47.5m403.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $36.8m313.1k shares
Parallax Volatility Advisers, L.P. New $35.3m300.0k shares
CITADEL ADVISORS LLC Added $5.2m43.8k shares
WOLVERINE TRADING, LLC Reduced $750.0k6.4k shares
HAP Trading, LLC New $35.0k200.0k 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, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.14% of their portfolio NEW YORK, NY 8,989,4839.0m $1.1bn $1.1bn 0.14% Reduced -3.9m -3,939,422
2 BANK OF AMERICA CORP /DE/ 0.07% of their portfolio CHARLOTTE, NC 5,414,9015.4m $637.1m $637.1m 0.07% Reduced -104.8k -104,783
3 Financial Engines Advisors L.L.C. 1.21% of their portfolio SANTA CLARA, CA 3,876,5233.9m $456.1m $456.1m 1.21% Added +176.3k +176,331
4 ENVESTNET ASSET MANAGEMENT INC 0.21% of their portfolio Berwyn, PA 3,757,7873.8m $442.1m $442.1m 0.21% Added +517.3k +517,339
5 FMR LLC 0.02% of their portfolio BOSTON, MA 3,686,0543.7m $433.7m $433.7m 0.02% Added +172.1k +172,089
6 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 3,557,5753.6m $418.5m $418.5m 0.04% Added +1.1m +1,113,887
7 Charles Schwab Investment Advisory, Inc. 0.46% of their portfolio SAN FRANCISCO, CA 2,454,2092.5m $288.7m $288.7m 0.46% Reduced -401.6k -401,588
8 TRUIST FINANCIAL CORP 0.45% of their portfolio CHARLOTTE, NC 2,235,9802.2m $263.1m $263.1m 0.45% Added +231.4k +231,410
9 Janney Montgomery Scott LLC 1.04% of their portfolio PHILADELPHIA, PA 2,171,9312.2m $255.5m $255.5m 1.04% Added +221.7k +221,742
10 Creative Planning 0.36% of their portfolio OVERLAND PARK, KS 2,122,7082.1m $249.7m $249.7m 0.36% Reduced -163.0k -162,989
11 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio SAN FRANCISCO, CA 2,026,3902.0m $238.4m $238.4m 0.07% Reduced -515.5k -515,507
12 ASSETMARK, INC 0.97% of their portfolio CONCORD, CA 1,992,6072.0m $234.4m $234.4m 0.97% Added +81.2k +81,243
13 Bank Julius Baer & Co. Ltd, Zurich 1.43% of their portfolio ZURICH, V8 1,911,9291.9m $224.9m $224.9m 1.43% Reduced -58.0k -57,974
14 WELLS FARGO & COMPANY/MN 0.07% of their portfolio SAN FRANCISCO, CA 1,794,5821.8m $211.1m $211.1m 0.07% Added +193.8k +193,783
15 UBS Group AG 0.09% of their portfolio ZURICH, V8 1,676,1611.7m $197.2m $197.2m 0.09% Added +659.9k +659,875
16 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 1,633,5761.6m $192.4m $192.4m 0.06% Reduced -674.9k -674,929
17 M&T Bank Corp 0.70% of their portfolio BUFFALO, NY 1,528,5811.5m $179.8m $179.8m 0.70% Added +7.2k +7,179
18 STIFEL FINANCIAL CORP 0.25% of their portfolio ST. LOUIS, MO 1,469,6781.5m $172.9m $172.9m 0.25% Added +41.2k +41,232
19 Tanglewood Wealth Management, Inc. 24.07% of their portfolio HOUSTON, TX 1,408,7251.4m $165.7m $165.7m 24.07% Added +7.6k +7,589
20 RAYMOND JAMES & ASSOCIATES 0.14% of their portfolio ST PETERSBURG, FL 1,345,4381.3m $158.3m $158.3m 0.14% Added +115.4k +115,377
21 Matson Money. Inc. 4.08% of their portfolio MASON, OH 1,344,7791.3m $110.5m $110.5m 4.08% Reduced -60.9k -60,853
22 WestEnd Advisors, LLC 4.54% of their portfolio CHARLOTTE, NC 1,242,0341.2m $146.1m $146.1m 4.54% New
23 Mariner, LLC 0.40% of their portfolio Overland Park, KS 1,159,4181.2m $136.4m $136.4m 0.40% Reduced -77.4k -77,398
24 LPL Financial LLC 0.10% of their portfolio FORT MILL, SC 1,119,3821.1m $131.7m $131.7m 0.10% Reduced -367.0k -367,014
25 FIFTH THIRD BANCORP 0.49% of their portfolio CINCINNATI, OH 889,913889.9k $104.7m $104.7m 0.49% Added +469.6k +469,557
26 BTS Asset Management, Inc. 54.26% of their portfolio Lincoln, MA 806,289806.3k $94.8m $94.8m 54.26% New
27 JANE STREET GROUP, LLC 0.16% of their portfolio NEW YORK, NY 805,261805.3k $94.7m $94.7m 0.16% Added +376.6k +376,562
28 BlackRock Inc. 0.00% of their portfolio New York, NY 730,827730.8k $86.0m $86.0m 0.00% Added +5.7k +5,738
29 PNC Financial Services Group, Inc. 0.07% of their portfolio Pittsburgh, PA 656,242656.2k $77.2m $77.2m 0.07% Reduced -12.2k -12,179
30 CANTOR FITZGERALD, L. P. 1.57% of their portfolio NEW YORK, NY 628,026628.0k $73.9m $73.9m 1.57% Reduced -25.3k -25,268
31 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 556,895556.9k $65.5m $65.5m 0.02% Reduced -48.2k -48,155
32 Bluespring Wealth Management, LLC 8.41% of their portfolio AUSTIN, TX 543,801543.8k $64.0m $64.0m 8.41% Added +9.3k +9,334
33 AE Wealth Management LLC 0.37% of their portfolio TOPEKA, KS 484,556484.6k $57.0m $57.0m 0.37% Added +170.8k +170,756
34 Voya Financial Advisors, Inc. 7.02% of their portfolio WINDSOR, CT 481,030481.0k $56.4m $56.4m 7.02% Added +17.0k +16,992
35 Fullerton Fund Management Co Ltd. 4.11% of their portfolio SINGAPORE, U0 459,116459.1k $54.0m $54.0m 4.11% Added +14.4k +14,438
36 VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio San Antonio, TX 446,121446.1k $52.5m $52.5m 0.06% Added +49.7k +49,742
37 KEYBANK NATIONAL ASSOCIATION/OH 0.25% of their portfolio BROOKLYN, OH 439,853439.9k $51.7m $51.7m 0.25% Reduced -13.6k -13,560
38 OSAIC HOLDINGS, INC. 0.10% of their portfolio SCOTTSDALE, AZ 436,911436.9k $51.4m $51.4m 0.10% Added +156.8k +156,799
39 CITADEL ADVISORS LLC 0.05% of their portfolio MIAMI, FL 426,453426.5k $50.2m $50.2m 0.05% New
40 CWA Asset Management Group, LLC 3.67% of their portfolio NAPLES, FL 419,551419.6k $49.4m $49.4m 3.67% New
41 TRAPHAGEN INVESTMENT ADVISORS LLC 6.97% of their portfolio ORADELL, NJ 402,849402.8k $47.4m $47.4m 6.97% Added +35.2k +35,214
42 HUNTINGTON NATIONAL BANK 0.46% of their portfolio COLUMBUS, OH 395,701395.7k $46.6m $46.6m 0.46% Added +17.5k +17,466
43 ANCHOR CAPITAL ADVISORS LLC 1.19% of their portfolio Boston, MA 382,174382.2k $45.0m $45.0m 1.19% Added +95.4k +95,405
44 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 364,467364.5k $42.9m $42.9m 0.02% Added +298.1k +298,083
45 BUCKINGHAM STRATEGIC WEALTH, LLC 0.75% of their portfolio CLAYTON, MO 360,757360.8k $41.4m $41.4m 0.75% Unchanged
46 WILBANKS SMITH & THOMAS ASSET MANAGEMENT LLC 1.42% of their portfolio NORFOLK, VA 348,748348.7k $41.0m $41.0m 1.42% Added +249.1k +249,137
47 HighTower Advisors, LLC 0.08% of their portfolio CHICAGO, IL 328,780328.8k $38.7m $38.7m 0.08% Added +7.8k +7,758
48 Allworth Financial LP 0.36% of their portfolio FOLSOM, CA 308,631308.6k $36.3m $36.3m 0.36% Added +3.1k +3,148
49 Orion Porfolio Solutions, LLC 0.44% of their portfolio OMAHA, NE 303,508303.5k $35.7m $35.7m 0.44% New
50 Orion Portfolio Solutions, LLC 0.44% of their portfolio Omaha, NE 303,508303.5k $35.7m $35.7m 0.44% Added +156.9k +156,851
51 Horizon Investments, LLC 1.05% of their portfolio Charlotte, NC 301,585301.6k $35.4m $35.4m 1.05% New
52 Pacific Sage Partners, LLC 11.18% of their portfolio EDMONDS, WA 295,420295.4k $34.8m $34.8m 11.18% Added +1.3k +1,290
53 Polaris Wealth Advisory Group, LLC 2.55% of their portfolio SAN RAFAEL, CA 293,696293.7k $34.6m $34.6m 2.55% Reduced -12.8k -12,808
54 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 285,743285.7k $33.6m $33.6m 0.01% Added +109.8k +109,833
55 New York Life Investment Management LLC 0.34% of their portfolio New York, NY 259,700259.7k $30.6m $30.6m 0.34% Added +41.8k +41,847
56 EVERGREEN CAPITAL MANAGEMENT LLC 1.36% of their portfolio Bellevue, WA 257,335257.3k $30.3m $30.3m 1.36% Added +8.5k +8,475
57 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 255,692255.7k $30.1m $30.1m 0.04% Reduced -21.7k -21,730
58 Connectus Wealth, LLC 0.74% of their portfolio CINCINNATI, OH 255,485255.5k $30.1m $30.1m 0.74% Added +390 +390
59 Parkside Advisors LLC 9.53% of their portfolio BERKELEY, CA 244,743244.7k $28.8m $28.8m 9.53% Added +88.3k +88,273
60 PROFFITT & GOODSON INC 5.87% of their portfolio KNOXVILLE, TN 244,465244.5k $28.8m $28.8m 5.87% Added +5.6k +5,590
61 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio BALA CYNWYD, PA 237,144237.1k $27.9m $27.9m 0.04% Added +199.2k +199,151
62 SFMG, LLC 2.92% of their portfolio PLANO, TX 230,067230.1k $27.1m $27.1m 2.92% Reduced -185.5k -185,514
63 Madison Asset Management, LLC 0.40% of their portfolio MADISON, WI 224,656224.7k $26.4m $26.4m 0.40% Reduced -39.5k -39,486
64 Allianz Asset Management GmbH 0.05% of their portfolio MUNICH, 2M 222,900222.9k $26.2m $26.2m 0.05% Added +44.5k +44,500
65 Trilogy Capital Inc. 1.86% of their portfolio IRVINE, CA 222,751222.8k $26.2m $26.2m 1.86% Reduced -948 -948
66 Cetera Advisor Networks LLC 0.19% of their portfolio EL SEGUNDO, CA 214,803214.8k $25.3m $25.3m 0.19% Added +9.2k +9,150
67 One Day In July LLC 4.65% of their portfolio BURLINGTON, VT 206,156206.2k $24.3m $24.3m 4.65% Added +4.1k +4,065
68 High Probability Advisors, LLC 5.34% of their portfolio Pittsford, NY 194,179194.2k $22.8m $22.8m 5.34% Added +41.7k +41,698
69 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 192,264192.3k $22.6m $22.6m 0.04% Added +21.1k +21,114
70 Rain Capital Management, LLC 15.33% of their portfolio LAKE OSWEGO, OR 189,360189.4k $22.3m $22.3m 15.33% Added +75.1k +75,123
71 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 188,915188.9k $22.2m $22.2m 0.00% Added +57.5k +57,489
72 PFS INVESTMENTS INC. 0.38% of their portfolio DULUTH, GA 185,882185.9k $22.1m $22.1m 0.38% Added +72.8k +72,782
73 Klaas Financial Asset Advisors, LLC 5.05% of their portfolio LOVES PARK, IL 185,713185.7k $21.8m $21.8m 5.05% Added +6.0k +5,969
74 Principle Wealth Partners LLC 2.27% of their portfolio MADISON, CT 180,533180.5k $21.2m $21.2m 2.27% New
75 Haverford Trust Co 0.25% of their portfolio Radnor, PA 177,589177.6k $20.9m $20.9m 0.25% Added +5.6k +5,618
76 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.12% of their portfolio IRVING, TX 176,128176.1k $20.7m $20.7m 0.12% Reduced -32.3k -32,347
77 Curi Wealth Management, LLC 2.93% of their portfolio Raleigh, NC 172,690172.7k $20.3m $20.3m 2.93% Added +113.0k +112,989
78 TD PRIVATE CLIENT WEALTH LLC 0.91% of their portfolio NEW YORK, NY 171,801171.8k $20.2m $20.2m 0.91% Added +40.2k +40,154
79 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 167,039167.0k $19.7m $19.7m 0.04% Reduced -5.1k -5,144
80 Raub Brock Capital Management LP 3.76% of their portfolio LARKSPUR, CA 166,310166.3k $19.6m $19.6m 3.76% Added +605 +605
81 Highview Capital Management LLC/DE/ 10.65% of their portfolio BUFFALO GROVE, IL 156,661156.7k $18.4m $18.4m 10.65% Added +4.9k +4,851
82 Banco Santander, S.A. 0.27% of their portfolio Madrid, U3 156,623156.6k $18.4m $18.4m 0.27% Added +20.1k +20,051
83 Family Manage LLC 4.23% of their portfolio NEW YORK, NY 156,034156.0k $18.4m $18.4m 4.23% New
84 Juniper Hill Capital Management LP 7.00% of their portfolio Menlo Park, CA 153,297153.3k $18.0m $18.0m 7.00% Unchanged
85 US BANCORP \DE\ 0.03% of their portfolio MINNEAPOLIS, MN 153,003153.0k $18.0m $18.0m 0.03% Added +33.1k +33,123
86 Heirloom Wealth Management 8.11% of their portfolio GREENWOOD VILLAGE, CO 144,484144.5k $17.0m $17.0m 8.11% Added +41.9k +41,929
87 DDFG, Inc 6.47% of their portfolio THOUSAND OAKS, CA 141,418141.4k $16.6m $16.6m 6.47% New
88 MEEDER ASSET MANAGEMENT INC 1.31% of their portfolio DUBLIN, OH 139,142139.1k $16.4m $16.4m 1.31% New
89 Orange Investment Advisors, Inc. 2.26% of their portfolio GOSHEN, NY 137,544137.5k $16.2m $16.2m 2.26% Reduced -1.6k -1,555
90 INNEALTA CAPITAL, LLC 6.84% of their portfolio AUSTIN, TX 137,504137.5k $16.2m $16.2m 6.84% Added +12.1k +12,114
91 MONEY CONCEPTS CAPITAL CORP 0.10% of their portfolio PALM BEACH GARDENS, FL 134,858134.9k $1.7m $1.7m 0.10% Added +120.1k +120,100
92 Eley Financial Management, Inc 7.86% of their portfolio SOUTH BURLINGTON, VT 129,337129.3k $15.2m $15.2m 7.86% Added +295 +295
93 Capital Investment Advisory Services, LLC 1.79% of their portfolio RALEIGH, NC 128,824128.8k $15.2m $15.2m 1.79% Reduced -969 -969
94 Keel Point, LLC 2.17% of their portfolio HUNTSVILLE, AL 127,589127.6k $15.0m $15.0m 2.17% Added +17.3k +17,343
95 Strategic Wealth Partners, Ltd. 2.29% of their portfolio INDEPENDENCE, OH 126,771126.8k $14.9m $14.9m 2.29% Added +25.5k +25,537
96 NorthCrest Asset Manangement, LLC 0.62% of their portfolio PLYMOUTH, MN 126,575126.6k $14.9m $14.9m 0.62% New
97 FIRST FINANCIAL BANK - TRUST DIVISION 1.59% of their portfolio HAMILTON, OH 126,118126.1k $14.8m $14.8m 1.59% Added +2.8k +2,769
98 Willis Johnson & Associates, Inc. 1.75% of their portfolio Houston, TX 125,156125.2k $14.7m $14.7m 1.75% Added +5.4k +5,369
99 Atria Wealth Solutions, Inc. 0.22% of their portfolio NEW YORK, NY 124,098124.1k $14.6m $14.6m 0.22% Reduced -39.7k -39,712
100 Beacon Bank & Trust 4.26% of their portfolio Boston, MA 121,973122.0k $14.4m $14.4m 4.26% Added +2.3k +2,337