Vault-13

ISHARES TR IEI

3 7 YR TREAS BD · ETP · CUSIP 464288661

671 institutional holders +4 vs Q4 2023
103,681,057103.7m shares reported held*
$12.1bnreported value*
76 new 235 added 247 reduced 76 sold out net bought ≈ $392.8m (+3.2m 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 ($10.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $116.64. Options: 4 managers hold calls ($14.9m notional), 6 hold puts ($65.8m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 545Q4 22: 574Q1 23: 585Q2 23: 611Q3 23: 598Q4 23: 667Q1 24: 671671Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022545
Q4 2022574
Q1 2023585
Q2 2023611
Q3 2023598
Q4 2023667
Q1 2024671

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 23Q2 23: 302 bought or addedQ2 23: 267 cut or sold outQ2 23Q3 23: 258 bought or addedQ3 23: 307 cut or sold outQ3 23Q4 23: 319 bought or addedQ4 23: 301 cut or sold outQ4 23Q1 24: 311 bought or addedQ1 24: 323 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022250276
Q1 2023300250
Q2 2023302267
Q3 2023258307
Q4 2023319301
Q1 2024311323

Calls vs puts

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

CallsPuts
$0$100m$200m$300m$400mQ2 23 calls: $331.8mQ2 23 puts: $236.2mQ2 23P/C 0.71Q3 23 calls: $358.9mQ3 23 puts: $388.3mQ3 23P/C 1.08Q4 23 calls: $85.0mQ4 23 puts: $51.5mQ4 23P/C 0.61Q1 24 calls: $14.9mQ1 24 puts: $65.8mQ1 24P/C 4.42
Numbers
QuarterCallsPutsP/C
Q2 2023$331.8m$236.2m0.71
Q3 2023$358.9m$388.3m1.08
Q4 2023$85.0m$51.5m0.61
Q1 2024$14.9m$65.8m4.42

Biggest buyers

MORGAN STANLEY Added +4,114,500+4.1m
JANE STREET GROUP, LLC New +466,889+466.9k
JPMORGAN CHASE & CO Added +351,840+351.8k
STIFEL FINANCIAL CORP Added +331,626+331.6k
Curi Capital, LLC New +323,339+323.3k
SYNOVUS FINANCIAL CORP Added +309,591+309.6k
Teilinger Capital Ltd. New +269,000+269.0k
Cerity Partners LLC Added +242,337+242.3k
Cambridge Investment Research Advisors, Inc. Added +182,970+183.0k
LPL Financial LLC Added +173,707+173.7k

Biggest sellers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -462,448-462.4k
TRAPHAGEN INVESTMENT ADVISORS LLC Reduced -374,529-374.5k
M&T Bank Corp Reduced -351,768-351.8k
Marks Wealth, LLC Sold out -309,172-309.2k
Jefferies Financial Group Inc. Sold out -295,550-295.6k
WELLS FARGO & COMPANY/MN Reduced -254,444-254.4k
ENVESTNET ASSET MANAGEMENT INC Reduced -218,150-218.2k
Connectus Wealth, LLC Sold out -214,537-214.5k
MILLENNIUM MANAGEMENT LLC Sold out -209,531-209.5k
ASSETMARK, INC Reduced -204,654-204.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $7.2m62.2k shares
CITADEL ADVISORS LLC Reduced $5.5m47.3k shares
WOLVERINE TRADING, LLC Reduced $2.2m18.9k shares
Cutler Group LLC / CA Reduced $8.0k2.6k shares

Biggest puts

Centiva Capital, LP Added $57.9m500.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.8m58.3k shares
WOLVERINE TRADING, LLC Reduced $694.9k6.0k shares
CITADEL ADVISORS LLC Reduced $428.5k3.7k shares
BANK OF AMERICA CORP /DE/ Reduced $34.7k300 shares
Cutler Group LLC / CA Reduced $0800 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.10% of their portfolio NEW YORK, NY 19,166,01819.2m $2.2bn $2.2bn 0.10% Added +351.8k +351,840
2 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 9,116,8269.1m $1.1bn $1.1bn 0.03% Added +4.1m +4,114,500
3 BANK OF AMERICA CORP /DE/ 0.06% of their portfolio CHARLOTTE, NC 5,163,7595.2m $598.0m $598.0m 0.06% Added +169.0k +169,007
4 Financial Engines Advisors L.L.C. 1.10% of their portfolio SANTA CLARA, CA 4,206,5424.2m $487.2m $487.2m 1.10% Added +52.4k +52,447
5 ENVESTNET ASSET MANAGEMENT INC 0.16% of their portfolio Berwyn, PA 3,670,4983.7m $425.1m $425.1m 0.16% Reduced -218.2k -218,150
6 FMR LLC 0.02% of their portfolio BOSTON, MA 3,148,2683.1m $364.6m $364.6m 0.02% Added +144.6k +144,630
7 Charles Schwab Investment Advisory, Inc. 0.43% of their portfolio SAN FRANCISCO, CA 2,713,5822.7m $314.3m $314.3m 0.43% Reduced -71.4k -71,416
8 TRUIST FINANCIAL CORP 0.44% of their portfolio CHARLOTTE, NC 2,510,8812.5m $290.8m $290.8m 0.44% Reduced -89.8k -89,828
9 Cerity Partners LLC 0.76% of their portfolio NEW YORK, NY 2,471,7722.5m $286.3m $286.3m 0.76% Added +242.3k +242,337
10 Janney Montgomery Scott LLC 0.71% of their portfolio PHILADELPHIA, PA 2,071,2332.1m $239.9m $239.9m 0.71% Reduced -64.9k -64,934
11 Bank Julius Baer & Co. Ltd, Zurich 0.92% of their portfolio ZURICH, V8 2,062,4132.1m $238.8m $238.8m 0.92% Reduced -16.4k -16,406
12 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 2,022,1422.0m $233.6m $233.6m 0.06% Added +147.6k +147,588
13 ASSETMARK, INC 0.71% of their portfolio CONCORD, CA 1,889,7361.9m $218.9m $218.9m 0.71% Reduced -204.7k -204,654
14 UBS Group AG 0.07% of their portfolio ZURICH, V8 1,883,8761.9m $218.2m $218.2m 0.07% Added +60.2k +60,220
15 Creative Planning 0.24% of their portfolio OVERLAND PARK, KS 1,859,3781.9m $215.3m $215.3m 0.24% Reduced -101.0k -101,007
16 STIFEL FINANCIAL CORP 0.22% of their portfolio ST. LOUIS, MO 1,639,8301.6m $189.9m $189.9m 0.22% Added +331.6k +331,626
17 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 1,522,3091.5m $176.3m $176.3m 0.05% Reduced -254.4k -254,444
18 Matson Money. Inc. 5.58% of their portfolio MASON, OH 1,452,9951.5m $168.3m $168.3m 5.58% Added +18.0k +18,028
19 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 1,310,0811.3m $151.7m $151.7m 0.08% Added +173.7k +173,707
20 WestEnd Advisors, LLC 3.82% of their portfolio CHARLOTTE, NC 1,273,2731.3m $147.5m $147.5m 3.82% Reduced -19.2k -19,156
21 Johnson Financial Group, Inc. 7.79% of their portfolio RACINE, WI 1,249,8361.2m $144.7m $144.7m 7.79% Added +70.1k +70,069
22 RAYMOND JAMES & ASSOCIATES 0.10% of their portfolio ST PETERSBURG, FL 1,233,8721.2m $142.9m $142.9m 0.10% Reduced -21.9k -21,881
23 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 1,230,4021.2m $142.5m $142.5m 0.03% Reduced -462.4k -462,448
24 Tanglewood Wealth Management, Inc. 17.43% of their portfolio HOUSTON, TX 1,217,8151.2m $141.0m $141.0m 17.43% Added +14.6k +14,604
25 BlackRock Inc. 0.00% of their portfolio New York, NY 1,055,3051.1m $122.2m $122.2m 0.00% Added +43.3k +43,335
26 HUNTINGTON NATIONAL BANK 0.68% of their portfolio COLUMBUS, OH 727,682727.7k $84.3m $84.3m 0.68% Added +98.9k +98,904
27 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 653,090653.1k $75.6m $75.6m 0.02% Added +3.1k +3,137
28 Facet Wealth, Inc. 2.04% of their portfolio WEST PALM BEACH, FL 529,991530.0k $60.6m $60.6m 2.04% Added +59.5k +59,500
29 Bluespring Wealth Management, LLC 6.19% of their portfolio AUSTIN, TX 486,880486.9k $56.4m $56.4m 6.19% Added +15.8k +15,765
30 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 482,747482.7k $55.9m $55.9m 0.04% Reduced -12.0k -11,958
31 JANE STREET GROUP, LLC 0.07% of their portfolio NEW YORK, NY 466,889466.9k $54.1m $54.1m 0.07% New
32 EVERGREEN CAPITAL MANAGEMENT LLC 2.04% of their portfolio Bellevue, WA 466,104466.1k $54.0m $54.0m 2.04% Reduced -6.4k -6,381
33 VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio San Antonio, TX 463,312463.3k $53.7m $53.7m 0.05% Added +3.4k +3,368
34 Banco Santander, S.A. 0.64% of their portfolio Madrid, U3 459,779459.8k $53.2m $53.2m 0.64% Added +93.1k +93,147
35 OSAIC HOLDINGS, INC. 0.11% of their portfolio SCOTTSDALE, AZ 420,933420.9k $48.8m $48.8m 0.11% Reduced -121.5k -121,480
36 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 3.51% of their portfolio NEW YORK, NY 407,777407.8k $47.2m $47.2m 3.51% Reduced -3.0k -2,969
37 BUCKINGHAM STRATEGIC WEALTH, LLC 0.50% of their portfolio CLAYTON, MO 407,402407.4k $47.2m $47.2m 0.50% Added +4.4k +4,396
38 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.54% of their portfolio Madrid, U3 405,990406.0k $46.7m $46.7m 0.54% Added +156.6k +156,561
39 KEYBANK NATIONAL ASSOCIATION/OH 0.19% of their portfolio BROOKLYN, OH 399,448399.4k $46.3m $46.3m 0.19% Reduced -6.5k -6,467
40 Strategic Point Investment Advisors, LLC 8.09% of their portfolio PROVIDENCE, RI 384,624384.6k $44.5m $44.5m 8.09% Added +9.0k +9,035
41 SYNOVUS FINANCIAL CORP 0.54% of their portfolio Columbus, GA 359,601359.6k $41.6m $41.6m 0.54% Added +309.6k +309,591
42 Curi Capital, LLC 0.86% of their portfolio CHICAGO, IL 323,339323.3k $37.4m $37.4m 0.86% New
43 HANTZ FINANCIAL SERVICES, INC. 0.72% of their portfolio SOUTHFIELD, MI 318,675318.7k $36.9m $36.9m 0.72% Added +142.0k +141,952
44 TD PRIVATE CLIENT WEALTH LLC 1.19% of their portfolio NEW YORK, NY 313,384313.4k $36.3m $36.3m 1.19% Added +27.6k +27,551
45 Buckingham Capital Management, Inc. 4.34% of their portfolio DAYTON, OH 305,590305.6k $35.4m $35.4m 4.34% Added +5.1k +5,127
46 Cetera Investment Advisers 0.08% of their portfolio SCHAUMBURG, IL 296,141296.1k $34.3m $34.3m 0.08% Added +54.6k +54,597
47 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 286,573286.6k $33.2m $33.2m 0.06% Added +89.3k +89,316
48 ARMSTRONG ADVISORY GROUP, INC 3.22% of their portfolio NEEDHAM, MA 283,123283.1k $33.2m $33.2m 3.22% Unchanged
49 ANCHOR CAPITAL ADVISORS LLC 0.86% of their portfolio Boston, MA 283,107283.1k $32.8m $32.8m 0.86% Reduced -84.9k -84,931
50 Teilinger Capital Ltd. 13.36% of their portfolio HOUSTON, TX 269,000269.0k $31.2m $31.2m 13.36% New
51 Clarity Financial LLC 4.68% of their portfolio Houston, TX 260,637260.6k $30.2m $30.2m 4.68% Added +10.9k +10,886
52 Madison Asset Management, LLC 0.36% of their portfolio MADISON, WI 254,288254.3k $29.4m $29.4m 0.36% Added +752 +752
53 Cambridge Investment Research Advisors, Inc. 0.11% of their portfolio FAIRFIELD, IA 251,091251.1k $29.1m $29.1m 0.11% Added +183.0k +182,970
54 NATIONAL BANK OF CANADA /FI/ 0.05% of their portfolio MONTREAL, A8 251,085251.1k $28.7m $28.7m 0.05% Reduced -114.1k -114,122
55 DDFG, Inc 9.15% of their portfolio THOUSAND OAKS, CA 248,550248.6k $28.8m $28.8m 9.15% Added +41.2k +41,229
56 Parkside Advisors LLC 7.05% of their portfolio BERKELEY, CA 236,486236.5k $27.4m $27.4m 7.05% Added +3.3k +3,340
57 High Probability Advisors, LLC 4.93% of their portfolio Pittsford, NY 229,513229.5k $26.6m $26.6m 4.93% Added +22.7k +22,721
58 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 226,829226.8k $26.3m $26.3m 0.01% Added +40.1k +40,102
59 Hilton Capital Management, LLC 2.25% of their portfolio Garden City, NY 216,405216.4k $25.1m $25.1m 2.25% Reduced -163.4k -163,445
60 Trilogy Capital Inc. 1.39% of their portfolio IRVINE, CA 208,957209.0k $24.2m $24.2m 1.39% Reduced -1.3k -1,348
61 Keel Point, LLC 2.44% of their portfolio HUNTSVILLE, AL 203,440203.4k $23.6m $23.6m 2.44% Added +27.0k +26,991
62 Klaas Financial Asset Advisors, LLC 4.67% of their portfolio LOVES PARK, IL 202,225202.2k $23.4m $23.4m 4.67% Added +5.5k +5,509
63 US BANCORP \DE\ 0.03% of their portfolio MINNEAPOLIS, MN 189,616189.6k $22.0m $22.0m 0.03% Added +2.4k +2,375
64 AE Wealth Management LLC 0.25% of their portfolio TOPEKA, KS 188,851188.9k $21.9m $21.9m 0.25% Reduced -153.6k -153,637
65 MBL Wealth, LLC 2.46% of their portfolio CHARLOTTE, NC 186,851186.9k $21.6m $21.6m 2.46% Added +17.5k +17,462
66 Orion Porfolio Solutions, LLC 0.23% of their portfolio OMAHA, NE 184,940184.9k $21.4m $21.4m 0.23% Reduced -53.7k -53,731
67 Orion Portfolio Solutions, LLC 0.23% of their portfolio Omaha, NE 184,940184.9k $21.4m $21.4m 0.23% Reduced -53.7k -53,731
68 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 184,257184.3k $21.3m $21.3m 0.03% Reduced -27.8k -27,817
69 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 177,157177.2k $20.5m $20.5m 0.03% Reduced -54.1k -54,057
70 Beacon Bank & Trust 4.92% of their portfolio Boston, MA 171,011171.0k $19.8m $19.8m 4.92% Reduced -2.2k -2,192
71 FIRST FINANCIAL BANK - TRUST DIVISION 1.89% of their portfolio HAMILTON, OH 169,987170.0k $19.7m $19.7m 1.89% Reduced -12.2k -12,212
72 Rockefeller Capital Management L.P. 0.06% of their portfolio NEW YORK, NY 167,109167.1k $19.4m $19.4m 0.06% Added +114.9k +114,874
73 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 166,597166.6k $19.3m $19.3m 0.00% Added +16.6k +16,629
74 Strategic Wealth Partners, Ltd. 2.05% of their portfolio INDEPENDENCE, OH 161,353161.4k $18.7m $18.7m 2.05% Added +17.1k +17,055
75 CFO4Life Group, LLC 3.38% of their portfolio COPPELL, TX 160,599160.6k $18.6m $18.6m 3.38% Added +10.6k +10,563
76 Willis Johnson & Associates, Inc. 1.59% of their portfolio Houston, TX 157,623157.6k $18.3m $18.3m 1.59% Added +7.4k +7,413
77 Juniper Hill Capital Management LP 4.73% of their portfolio Menlo Park, CA 153,297153.3k $17.8m $17.8m 4.73% Unchanged
78 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.05% of their portfolio PLYMOUTH, MN 151,230151.2k $17.5m $17.5m 0.05% Reduced -35.8k -35,831
79 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 150,160150.2k $17.4m $17.4m 0.07% Reduced -70.9k -70,932
80 Capital Investment Services of America, Inc. 1.64% of their portfolio MILWAUKEE, WI 147,107147.1k $17.0m $17.0m 1.64% Added +10.9k +10,930
81 Raub Brock Capital Management LP 3.52% of their portfolio LARKSPUR, CA 143,683143.7k $16.6m $16.6m 3.52% Reduced -6.2k -6,225
82 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 140,978141.0k $16.3m $16.3m 0.02% Added +120.8k +120,828
83 1832 Asset Management L.P. 0.03% of their portfolio TORONTO, A6 136,557136.6k $15.8m $15.8m 0.03% Added +3.2k +3,207
84 LEAVELL INVESTMENT MANAGEMENT, INC. 0.90% of their portfolio MOBILE, AL 134,546134.5k $15.6m $15.6m 0.90% Added +19.1k +19,105
85 BENJAMIN F. EDWARDS & COMPANY, INC. 0.28% of their portfolio ST. LOUIS, MO 134,466134.5k $15.6m $15.6m 0.28% Added +114.8k +114,786
86 Atria Wealth Solutions, Inc. 0.17% of their portfolio NEW YORK, NY 127,875127.9k $14.8m $14.8m 0.17% Reduced -2.1k -2,110
87 Canal Capital Management, LLC 2.44% of their portfolio Richmond, VA 125,559125.6k $14.5m $14.5m 2.44% Not comparable
88 Haverford Trust Co 0.15% of their portfolio Radnor, PA 124,470124.5k $14.4m $14.4m 0.15% Added +5.3k +5,349
89 Pegasus Partners Ltd. 1.53% of their portfolio MEQUON, WI 124,260124.3k $14.4m $14.4m 1.53% Added +10.0k +9,961
90 One Day In July LLC 1.91% of their portfolio BURLINGTON, VT 124,132124.1k $14.4m $14.4m 1.91% Reduced -61.4k -61,384
91 WOODMONT INVESTMENT COUNSEL LLC 1.21% of their portfolio NASHVILLE, TN 124,112124.1k $14.4m $14.4m 1.21% Added +29.7k +29,693
92 Pinnacle Financial Partners Inc 0.31% of their portfolio Nashville, TN 122,723122.7k $14.2m $14.2m 0.31% Reduced -10.3k -10,313
93 InterOcean Capital Group, LLC 0.33% of their portfolio NASHVILLE, TN 118,712118.7k $13.7m $13.7m 0.33% Added +58.6k +58,585
94 Mirabaud & Cie SA 4.84% of their portfolio GENEVA, V8 117,955118.0k $13.7m $13.7m 4.84% Reduced -1.5k -1,487
95 Quaker Wealth Management, LLC 5.56% of their portfolio MOORESTOWN, NJ 117,933117.9k $13.7m $13.7m 5.56% Added +22.6k +22,650
96 Allianz Asset Management GmbH 0.02% of their portfolio MUNICH, 2M 115,100115.1k $13.3m $13.3m 0.02% Reduced -89.7k -89,700
97 Blue Edge Capital, LLC 2.14% of their portfolio RICHMOND, VA 110,314110.3k $12.8m $12.8m 2.14% Added +3.9k +3,926
98 M&T Bank Corp 0.04% of their portfolio BUFFALO, NY 110,170110.2k $12.8m $12.8m 0.04% Reduced -351.8k -351,768
99 Bond & Devick Financial Network, Inc. 6.92% of their portfolio ST. LOUIS PARK, MN 110,149110.1k $12.8m $12.8m 6.92% Added +2.0k +1,970
100 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 109,884109.9k $12.7m $12.7m 0.01% Reduced -4.2k -4,203