Vault-13

ISHARES TR IEI

3 7 YR TREAS BD · ETP · CUSIP 464288661

738 institutional holders +9 vs Q3 2024
103,480,829103.5m shares reported held*
$11.9bnreported value*
59 new 286 added 238 reduced 78 sold out net sold ≈ $673.6m (-4.5m 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 ($3.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $115.37. Options: 7 managers hold calls ($135.1m notional), 5 hold puts ($61.0m).

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 545Q4 22: 574Q1 23: 585Q2 23: 611Q3 23: 598Q4 23: 667Q1 24: 671Q2 24: 673Q3 24: 729Q4 24: 738738Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022545
Q4 2022574
Q1 2023585
Q2 2023611
Q3 2023598
Q4 2023667
Q1 2024671
Q2 2024673
Q3 2024729
Q4 2024738

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 23: 300 bought or addedQ1 23: 250 cut or sold outQ2 23: 302 bought or addedQ2 23: 267 cut or sold outQ2 23Q3 23: 258 bought or addedQ3 23: 307 cut or sold outQ4 23: 319 bought or addedQ4 23: 301 cut or sold outQ4 23Q1 24: 311 bought or addedQ1 24: 323 cut or sold outQ2 24: 329 bought or addedQ2 24: 304 cut or sold outQ2 24Q3 24: 397 bought or addedQ3 24: 274 cut or sold outQ4 24: 345 bought or addedQ4 24: 316 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023300250
Q2 2023302267
Q3 2023258307
Q4 2023319301
Q1 2024311323
Q2 2024329304
Q3 2024397274
Q4 2024345316

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ1 24 calls: $14.9mQ1 24 puts: $65.8mQ1 24P/C 4.42Q2 24 calls: $16.3mQ2 24 puts: $206.5mQ2 24P/C 12.66Q3 24 calls: $20.5mQ3 24 puts: $6.6mQ3 24P/C 0.32Q4 24 calls: $135.1mQ4 24 puts: $61.0mQ4 24P/C 0.45
Numbers
QuarterCallsPutsP/C
Q1 2024$14.9m$65.8m4.42
Q2 2024$16.3m$206.5m12.66
Q3 2024$20.5m$6.6m0.32
Q4 2024$135.1m$61.0m0.45

Biggest buyers

WIT, LLC Added +1,755,326+1.8m
BANK OF AMERICA CORP /DE/ Added +1,001,309+1.0m
NATIONAL BANK OF CANADA /FI/ Added +743,111+743.1k
Focus Partners Wealth Added +695,135+695.1k
CAPTRUST FINANCIAL ADVISORS Added +585,061+585.1k
Mariner, LLC Added +518,852+518.9k
CSM Advisors, LLC Added +453,400+453.4k
Tanglewood Wealth Management, Inc. Added +359,189+359.2k
Lido Advisors, LLC Added +307,602+307.6k
Silicon Valley Capital Partners Added +285,319+285.3k

Biggest sellers

JPMORGAN CHASE & CO Reduced -8,780,643-8.8m
FMR LLC Reduced -2,015,236-2.0m
Johnson Financial Group, Inc. Reduced -666,816-666.8k
MORGAN STANLEY Reduced -400,915-400.9k
ENVESTNET ASSET MANAGEMENT INC Reduced -236,196-236.2k
CITADEL ADVISORS LLC Reduced -225,130-225.1k
BANK OF NOVA SCOTIA Sold out -166,400-166.4k
NorthCoast Asset Management LLC Reduced -134,284-134.3k
GTS SECURITIES LLC Reduced -130,819-130.8k
Financial Sense Advisors, Inc. Sold out -120,532-120.5k

Biggest calls

MILLENNIUM MANAGEMENT LLC New $40.2m348.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $34.7m300.5k shares
WELLS FARGO & COMPANY/MN New $34.7m300.0k shares
CITIGROUP INC New $15.6m135.0k shares
JANE STREET GROUP, LLC New $7.0m61.0k shares
WOLVERINE TRADING, LLC Added $1.8m15.8k shares
CITADEL ADVISORS LLC Reduced $993.7k8.6k shares

Biggest puts

CITADEL ADVISORS LLC Added $29.2m253.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $16.8m145.0k shares
MILLENNIUM MANAGEMENT LLC New $8.7m75.0k shares
WELLS FARGO & COMPANY/MN New $5.8m50.0k shares
WOLVERINE TRADING, LLC Reduced $566.1k4.9k 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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.10% of their portfolio NEW YORK, NY 10,465,31310.5m $1.2bn $1.2bn 0.10% Reduced -8.8m -8,780,643
2 BANK OF AMERICA CORP /DE/ 0.07% of their portfolio CHARLOTTE, NC 6,800,8646.8m $785.8m $785.8m 0.07% Added +1.0m +1,001,309
3 Invesco Ltd. 0.14% of their portfolio ATLANTA, GA 6,397,9006.4m $739.3m $739.3m 0.14% Unchanged
4 Financial Engines Advisors L.L.C. 1.01% of their portfolio SANTA CLARA, CA 4,167,1594.2m $481.5m $481.5m 1.01% Reduced -24.6k -24,649
5 ENVESTNET ASSET MANAGEMENT INC 0.14% of their portfolio Berwyn, PA 3,685,2513.7m $425.8m $425.8m 0.14% Reduced -236.2k -236,196
6 CAPTRUST FINANCIAL ADVISORS 1.07% of their portfolio RALEIGH, NC 3,232,7023.2m $373.5m $373.5m 1.07% Added +585.1k +585,061
7 FMR LLC 0.02% of their portfolio BOSTON, MA 3,004,5033.0m $347.2m $347.2m 0.02% Reduced -2.0m -2,015,236
8 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 2,747,8862.7m $317.5m $317.5m 0.02% Reduced -400.9k -400,915
9 TRUIST FINANCIAL CORP 0.41% of their portfolio CHARLOTTE, NC 2,252,9002.3m $260.3m $260.3m 0.41% Reduced -107.7k -107,727
10 Cerity Partners LLC 0.55% of their portfolio NEW YORK, NY 2,209,0012.2m $255.3m $255.3m 0.55% Added +173.0k +173,041
11 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 2,189,5602.2m $251.5m $251.5m 0.06% Reduced -24.0k -24,033
12 ASSETMARK, INC 0.67% of their portfolio CONCORD, CA 2,147,3852.1m $248.1m $248.1m 0.67% Added +197.8k +197,809
13 Bank Julius Baer & Co. Ltd, Zurich 0.76% of their portfolio ZURICH, V8 1,921,3261.9m $245.0m $245.0m 0.76% Added +169.9k +169,873
14 Janney Montgomery Scott LLC 0.59% of their portfolio PHILADELPHIA, PA 1,846,5561.8m $213.4m $213.4m 0.59% Reduced -83.2k -83,172
15 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 1,846,3451.8m $213.3m $213.3m 0.05% Added +252.4k +252,435
16 WIT, LLC 1.88% of their portfolio DISTRICT OF COLUMBIA, DC 1,757,0831.8m $58.7m $58.7m 1.88% Added +1.8m +1,755,326
17 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 1,749,2861.7m $202.1m $202.1m 0.08% Reduced -36.1k -36,142
18 UBS Group AG 0.05% of their portfolio ZURICH, V8 1,737,4341.7m $200.8m $200.8m 0.05% Added +99.6k +99,619
19 Creative Planning 0.19% of their portfolio OVERLAND PARK, KS 1,646,5141.6m $190.3m $190.3m 0.19% Reduced -107.1k -107,113
20 STIFEL FINANCIAL CORP 0.18% of their portfolio ST. LOUIS, MO 1,496,0011.5m $172.9m $172.9m 0.18% Reduced -48.1k -48,109
21 Tanglewood Wealth Management, Inc. 19.36% of their portfolio HOUSTON, TX 1,454,3781.5m $168.1m $168.1m 19.36% Added +359.2k +359,189
22 RAYMOND JAMES FINANCIAL INC 0.06% of their portfolio ST. PETERSBURG, FL 1,431,5501.4m $165.4m $165.4m 0.06% First filing
23 Focus Partners Wealth 0.20% of their portfolio ST LOUIS, MO 1,343,3591.3m $155.2m $155.2m 0.20% Added +695.1k +695,135
24 NATIONAL BANK OF CANADA /FI/ 0.18% of their portfolio MONTREAL, A8 1,211,5311.2m $140.1m $140.1m 0.18% Added +743.1k +743,111
25 WestEnd Advisors, LLC 3.39% of their portfolio CHARLOTTE, NC 1,153,4751.2m $133.3m $133.3m 3.39% Reduced -52.5k -52,461
26 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 1,075,2341.1m $124.2m $124.2m 0.02% Added +5.7k +5,716
27 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 983,211983.2k $113.6m $113.6m 0.02% Added +29.5k +29,479
28 HUNTINGTON NATIONAL BANK 0.69% of their portfolio COLUMBUS, OH 841,259841.3k $97.2m $97.2m 0.69% Added +53.3k +53,302
29 BlackRock, Inc. 0.00% of their portfolio New York, NY 723,651723.7k $83.6m $83.6m 0.00% Reduced -13.9k -13,914
30 CSM Advisors, LLC 2.15% of their portfolio WARRENDALE, PA 680,100680.1k $78.6m $78.6m 2.15% Added +453.4k +453,400
31 Facet Wealth, Inc. 2.05% of their portfolio WEST PALM BEACH, FL 666,834666.8k $77.3m $77.3m 2.05% Added +42.1k +42,072
32 Johnson Financial Group, Inc. 3.33% of their portfolio RACINE, WI 605,888605.9k $70.4m $70.4m 3.33% Reduced -666.8k -666,816
33 Strategic Point Investment Advisors, LLC 11.01% of their portfolio PROVIDENCE, RI 584,445584.4k $67.5m $67.5m 11.01% Added +187.6k +187,607
34 Mariner, LLC 0.11% of their portfolio Overland Park, KS 583,032583.0k $67.4m $67.4m 0.11% Added +518.9k +518,852
35 Clarity Financial LLC 7.67% of their portfolio Houston, TX 555,266555.3k $64.2m $64.2m 7.67% Added +15.4k +15,399
36 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 540,451540.5k $62.4m $62.4m 0.04% Added +27.7k +27,654
37 Bluespring Wealth Management, LLC 6.40% of their portfolio AUSTIN, TX 540,089540.1k $62.4m $62.4m 6.40% Added +21.2k +21,215
38 EVERGREEN CAPITAL MANAGEMENT LLC 1.85% of their portfolio Bellevue, WA 491,543491.5k $56.8m $56.8m 1.85% Added +5.3k +5,257
39 VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio San Antonio, TX 438,267438.3k $50.6m $50.6m 0.05% Reduced -27.4k -27,371
40 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 3.38% of their portfolio NEW YORK, NY 423,154423.2k $48.9m $48.9m 3.38% Reduced -82.2k -82,150
41 KEYBANK NATIONAL ASSOCIATION/OH 0.18% of their portfolio BROOKLYN, OH 399,078399.1k $46.1m $46.1m 0.18% Added +16.8k +16,750
42 ARMSTRONG ADVISORY GROUP, INC 3.60% of their portfolio NEEDHAM, MA 390,284390.3k $45.1m $45.1m 3.60% Added +17.4k +17,413
43 Cetera Investment Advisers 0.09% of their portfolio SCHAUMBURG, IL 377,910377.9k $43.7m $43.7m 0.09% Added +70.8k +70,760
44 TD PRIVATE CLIENT WEALTH LLC 1.21% of their portfolio NEW YORK, NY 373,396373.4k $43.1m $43.1m 1.21% Added +11.5k +11,529
45 SYNOVUS FINANCIAL CORP 0.55% of their portfolio Columbus, GA 370,810370.8k $42.8m $42.8m 0.55% Added +9.6k +9,643
46 NorthCoast Asset Management LLC 0.21% of their portfolio STAMFORD, CT 363,462363.5k $42.1m $42.1m 0.21% Reduced -134.3k -134,284
47 DDFG, Inc 11.50% of their portfolio THOUSAND OAKS, CA 344,751344.8k $39.8m $39.8m 11.50% Added +6.7k +6,677
48 Lido Advisors, LLC 0.23% of their portfolio Los Angeles, CA 320,094320.1k $37.0m $37.0m 0.23% Added +307.6k +307,602
49 Curi Capital, LLC 0.82% of their portfolio CHICAGO, IL 308,533308.5k $35.7m $35.7m 0.82% Added +27.0k +27,049
50 Buckingham Capital Management, Inc. 3.98% of their portfolio DAYTON, OH 300,018300.0k $34.7m $34.7m 3.98% Reduced -2.8k -2,824
51 RWA WEALTH PARTNERS, LLC 0.43% of their portfolio BOSTON, MA 299,445299.4k $34.6m $34.6m 0.43% Added +349 +349
52 Silicon Valley Capital Partners 3.68% of their portfolio SAN JOSE, CA 285,429285.4k $33.0m $33.0m 3.68% Added +285.3k +285,319
53 OneDigital Investment Advisors LLC 0.38% of their portfolio OVERLAND PARK, KS 281,554281.6k $32.5m $32.5m 0.38% Added +31.4k +31,402
54 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 278,640278.6k $32.2m $32.2m 0.01% Added +39.8k +39,825
55 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 272,866272.9k $31.5m $31.5m 0.05% Reduced -65.9k -65,903
56 SkyView Investment Advisors, LLC 5.25% of their portfolio SHREWSBURY, NJ 264,104264.1k $32.9m $32.9m 5.25% Added +15.9k +15,949
57 FAS Wealth Partners, Inc. 2.43% of their portfolio LEAWOOD, KS 250,315250.3k $28.9m $28.9m 2.43% New
58 Madison Asset Management, LLC 0.31% of their portfolio MADISON, WI 239,844239.8k $27.7m $27.7m 0.31% Reduced -7.1k -7,091
59 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 239,599239.6k $27.7m $27.7m 0.04% Reduced -79.0k -79,005
60 US BANCORP \DE\ 0.04% of their portfolio MINNEAPOLIS, MN 233,705233.7k $27.0m $27.0m 0.04% Added +13.0k +13,035
61 Klaas Financial Asset Advisors, LLC 4.75% of their portfolio LOVES PARK, IL 233,602233.6k $27.0m $27.0m 4.75% Added +5.8k +5,784
62 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 233,041233.0k $26.9m $26.9m 0.02% Added +107.5k +107,527
63 NSI Retail Advisors, LLC 4.16% of their portfolio WARRENDALE, PA 226,700226.7k $26.2m $26.2m 4.16% Unchanged
64 Atlas Merchant Capital LLC 47.87% of their portfolio New York, NY 222,222222.2k $25.7m $25.7m 47.87% Added +121.0k +120,972
65 Willis Johnson & Associates, Inc. 1.96% of their portfolio Houston, TX 221,161221.2k $25.6m $25.6m 1.96% Added +47.1k +47,087
66 Banco Santander, S.A. 0.31% of their portfolio Madrid, U3 220,287220.3k $25.5m $25.5m 0.31% Reduced -61.3k -61,319
67 Trilogy Capital Inc. 1.28% of their portfolio IRVINE, CA 215,463215.5k $24.9m $24.9m 1.28% Added +1.5k +1,514
68 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 214,255214.3k $24.8m $24.8m 0.06% Added +4.1k +4,109
69 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 206,738206.7k $23.9m $23.9m 0.00% Reduced -22.3k -22,322
70 ANCHOR CAPITAL ADVISORS LLC 0.68% of their portfolio Boston, MA 206,184206.2k $23.8m $23.8m 0.68% Added +8.4k +8,405
71 MBL Wealth, LLC 2.37% of their portfolio CHARLOTTE, NC 204,769204.8k $23.7m $23.7m 2.37% Added +7.7k +7,717
72 MML INVESTORS SERVICES, LLC 0.08% of their portfolio SPRINGFIELD, MA 198,733198.7k $23.0m $23.0m 0.08% Added +35.4k +35,426
73 Strategic Wealth Partners, Ltd. 1.85% of their portfolio INDEPENDENCE, OH 193,194193.2k $22.4m $22.4m 1.85% Added +3.3k +3,319
74 Hoese & Co LLP 19.09% of their portfolio GLENCOE, MN 190,278190.3k $22.0m $22.0m 19.09% Added +169.7k +169,694
75 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 180,531180.5k $20.9m $20.9m 0.00% Added +86.8k +86,770
76 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 180,301180.3k $20.8m $20.8m 0.07% Reduced -21.0k -21,023
77 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.22% of their portfolio Madrid, U3 179,297179.3k $21.0m $21.0m 0.22% Added +67.7k +67,692
78 LEAVELL INVESTMENT MANAGEMENT, INC. 0.98% of their portfolio MOBILE, AL 173,835173.8k $20.1m $20.1m 0.98% Added +25.2k +25,152
79 AmeriServ Wealth Advisors 10.57% of their portfolio Johnstown, PA 169,577169.6k $19.6m $19.6m 10.57% First filing
80 Waverly Advisors, LLC 0.30% of their portfolio BIRMINGHAM, AL 166,281166.3k $19.2m $19.2m 0.30% Added +53.2k +53,155
81 Orion Porfolio Solutions, LLC 0.19% of their portfolio OMAHA, NE 164,587164.6k $19.0m $19.0m 0.19% Reduced -22.5k -22,463
82 Orion Portfolio Solutions, LLC 0.19% of their portfolio Omaha, NE 164,587164.6k $19.0m $19.0m 0.19% Reduced -22.5k -22,463
83 Beacon Bank & Trust 4.37% of their portfolio Boston, MA 162,641162.6k $18.8m $18.8m 4.37% Reduced -9.8k -9,792
84 CFO4Life Group, LLC 3.28% of their portfolio COPPELL, TX 161,558161.6k $18.7m $18.7m 3.28% Reduced -258 -258
85 AE Wealth Management LLC 0.15% of their portfolio TOPEKA, KS 154,077154.1k $17.8m $17.8m 0.15% Reduced -32.0k -31,977
86 Juniper Hill Capital Management LP 3.92% of their portfolio Menlo Park, CA 153,297153.3k $17.7m $17.7m 3.92% Unchanged
87 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 152,771152.8k $17.7m $17.7m 0.00% Added +129.7k +129,668
88 Gunma Bank,Ltd. 5.72% of their portfolio GUNMA, M0 150,000150.0k $17.3m $17.3m 5.72% Added +20.0k +20,000
89 Mason & Associates Inc 4.00% of their portfolio LOS ANGELES, CA 147,170147.2k $17.0m $17.0m 4.00% Added +35.5k +35,483
90 Capital Investment Services of America, Inc. 1.61% of their portfolio MILWAUKEE, WI 145,817145.8k $16.8m $16.8m 1.61% Reduced -8.6k -8,575
91 1832 Asset Management L.P. 0.03% of their portfolio TORONTO, A6 144,606144.6k $16.7m $16.7m 0.03% Added +7.1k +7,124
92 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.14% of their portfolio Stamford, CT 138,827138.8k $16.0m $16.0m 0.14% Added +15.0k +15,017
93 Atria Wealth Solutions, Inc. 0.18% of their portfolio NEW YORK, NY 138,734138.7k $16.0m $16.0m 0.18% Added +1.7k +1,692
94 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 137,774137.8k $15.9m $15.9m 0.01% Reduced -225.1k -225,130
95 Haverford Trust Co 0.16% of their portfolio Radnor, PA 137,043137.0k $15.8m $15.8m 0.16% Added +5.0k +4,957
96 CFS Investment Advisory Services, LLC 1.39% of their portfolio TOTOWA, NJ 133,944133.9k $15.5m $15.5m 1.39% Added +11.8k +11,829
97 Allianz Asset Management GmbH 0.02% of their portfolio MUNICH, 2M 130,600130.6k $15.1m $15.1m 0.02% Reduced -92.4k -92,400
98 Hilton Capital Management, LLC 1.30% of their portfolio Garden City, NY 129,632129.6k $15.0m $15.0m 1.30% Reduced -36.0k -35,993
99 HANTZ FINANCIAL SERVICES, INC. 0.26% of their portfolio SOUTHFIELD, MI 128,376128.4k $14.8m $14.8m 0.26% Added +279 +279
100 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 126,538126.5k $14.6m $14.6m 0.03% Added +12.6k +12,570