Vault-13

ISHARES TR IEI

3 7 YR TREAS BD · ETP · CUSIP 464288661

843 institutional holders -9 vs Q4 2025
132,101,403132.1m shares reported held*
$15.8bnreported value*
72 new 352 added 261 reduced 87 sold out net bought ≈ $1.3bn (+9.9m 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 ($48.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $119.74. Options: 4 managers hold calls ($18.5m notional), 5 hold puts ($19.6m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 545Q4 22: 574Q1 23: 585Q2 23: 611Q3 23: 598Q4 23: 667Q1 24: 671Q2 24: 673Q3 24: 729Q4 24: 738Q1 25: 777Q2 25: 775Q3 25: 782Q4 25: 852Q1 26: 843843Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022545
Q4 2022574
Q1 2023585
Q2 2023611
Q3 2023598
Q4 2023667
Q1 2024671
Q2 2024673
Q3 2024729
Q4 2024738
Q1 2025777
Q2 2025775
Q3 2025782
Q4 2025852
Q1 2026843

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q2 24: 329 bought or addedQ2 24: 304 cut or sold outQ3 24: 397 bought or addedQ3 24: 274 cut or sold outQ3 24Q4 24: 345 bought or addedQ4 24: 316 cut or sold outQ1 25: 406 bought or addedQ1 25: 301 cut or sold outQ1 25Q2 25: 354 bought or addedQ2 25: 377 cut or sold outQ3 25: 427 bought or addedQ3 25: 286 cut or sold outQ3 25Q4 25: 429 bought or addedQ4 25: 281 cut or sold outQ1 26: 424 bought or addedQ1 26: 348 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024329304
Q3 2024397274
Q4 2024345316
Q1 2025406301
Q2 2025354377
Q3 2025427286
Q4 2025429281
Q1 2026424348

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ2 25 calls: $127.9mQ2 25 puts: $103.8mQ2 25P/C 0.81Q3 25 calls: $109.7mQ3 25 puts: $111.4mQ3 25P/C 1.02Q4 25 calls: $15.1mQ4 25 puts: $15.9mQ4 25P/C 1.05Q1 26 calls: $18.5mQ1 26 puts: $19.6mQ1 26P/C 1.06
Numbers
QuarterCallsPutsP/C
Q2 2025$127.9m$103.8m0.81
Q3 2025$109.7m$111.4m1.02
Q4 2025$15.1m$15.9m1.05
Q1 2026$18.5m$19.6m1.06

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +2,627,948+2.6m
FMR LLC Added +2,271,791+2.3m
Mariner, LLC Added +1,542,184+1.5m
JPMORGAN CHASE & CO Added +1,123,569+1.1m
UBS Group AG Added +713,363+713.4k
University of Illinois Foundation New +410,500+410.5k
CAPTRUST FINANCIAL ADVISORS Added +333,630+333.6k
ASSETMARK, INC Added +300,397+300.4k
LPL Financial LLC Added +281,609+281.6k
CANTOR FITZGERALD INVESTMENT ADVISORS L.P. Added +272,675+272.7k

Biggest sellers

Corient Private Wealth LP Reduced -493,512-493.5k
Johnson Financial Group, Inc. Reduced -467,148-467.1k
Clarity Financial LLC Reduced -437,743-437.7k
AlphaQuest LLC Sold out -403,902-403.9k
Bank Julius Baer & Co. Ltd, Zurich Reduced -360,753-360.8k
BlackRock, Inc. Reduced -273,072-273.1k
WCG Wealth Advisors LLC Reduced -252,718-252.7k
Klaas Financial Asset Advisors, LLC Reduced -232,088-232.1k
NORTHERN TRUST CORP Reduced -154,282-154.3k
Hilton Capital Management, LLC Reduced -139,653-139.7k

Biggest calls

JANE STREET GROUP, LLC Added $9.7m81.6k shares
CITADEL ADVISORS LLC Added $7.8m66.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.0m8.7k shares
Cetera Investment Advisers Unchanged $1.3k2.0k shares

Biggest puts

Walleye Trading LLC Unchanged $12.7m107.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.6m47.2k shares
JANE STREET GROUP, LLC New $877.6k7.4k shares
CITADEL ADVISORS LLC Reduced $213.5k1.8k shares
LOGAN CAPITAL MANAGEMENT INC New $202.0k1.7k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.15% of their portfolio NEW YORK, NY 18,817,98618.8m $2.2bn $2.2bn 0.15% Added +1.1m +1,123,569
2 BANK OF AMERICA CORP /DE/ 0.08% of their portfolio CHARLOTTE, NC 9,242,6729.2m $1.1bn $1.1bn 0.08% Added +2.6m +2,627,948
3 CAPTRUST FINANCIAL ADVISORS 1.30% of their portfolio RALEIGH, NC 6,258,2336.3m $742.2m $742.2m 1.30% Added +333.6k +333,630
4 Invesco Ltd. 0.05% of their portfolio ATLANTA, GA 4,292,1004.3m $509.0m $509.0m 0.05% Unchanged
5 Financial Engines Advisors L.L.C. 1.02% of their portfolio SANTA CLARA, CA 4,231,5324.2m $501.9m $501.9m 1.02% Reduced -56.4k -56,381
6 ENVESTNET ASSET MANAGEMENT INC 0.12% of their portfolio Berwyn, PA 3,835,7773.8m $454.9m $454.9m 0.12% Reduced -38.5k -38,465
7 ASSETMARK, INC 0.81% of their portfolio CONCORD, CA 3,352,4253.4m $397.6m $397.6m 0.81% Added +300.4k +300,397
8 FMR LLC 0.02% of their portfolio BOSTON, MA 3,146,9743.1m $373.2m $373.2m 0.02% Added +2.3m +2,271,791
9 UBS Group AG 0.06% of their portfolio ZURICH, V8 2,985,1273.0m $354.0m $354.0m 0.06% Added +713.4k +713,363
10 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 2,855,0642.9m $338.6m $338.6m 0.02% Added +70.8k +70,808
11 AMERIPRISE FINANCIAL INC 0.08% of their portfolio MINNEAPOLIS, MN 2,845,7382.8m $337.2m $337.2m 0.08% Added +119.6k +119,603
12 LPL Financial LLC 0.09% of their portfolio FORT MILL, SC 2,735,9082.7m $324.5m $324.5m 0.09% Added +281.6k +281,609
13 STIFEL FINANCIAL CORP 0.26% of their portfolio ST. LOUIS, MO 2,403,7672.4m $285.1m $285.1m 0.26% Added +227.8k +227,770
14 Bank Julius Baer & Co. Ltd, Zurich 0.83% of their portfolio ZURICH, V8 2,318,9802.3m $275.0m $275.0m 0.83% Reduced -360.8k -360,753
15 WIT, LLC 5.07% of their portfolio DISTRICT OF COLUMBIA, DC 2,263,9222.3m $268.5m $268.5m 5.07% Added +174.9k +174,852
16 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 2,152,3052.2m $255.3m $255.3m 0.05% Added +56.8k +56,799
17 Mariner, LLC 0.28% of their portfolio Overland Park, KS 2,037,0912.0m $241.6m $241.6m 0.28% Added +1.5m +1,542,184
18 TRUIST FINANCIAL CORP 0.32% of their portfolio CHARLOTTE, NC 1,995,7282.0m $236.7m $236.7m 0.32% Added +27.1k +27,105
19 Cerity Partners LLC 0.33% of their portfolio NEW YORK, NY 1,968,9572.0m $233.5m $233.5m 0.33% Added +14.3k +14,299
20 Janney Montgomery Scott LLC 0.54% of their portfolio PHILADELPHIA, PA 1,844,7871.8m $218.8m $218.8m 0.54% Reduced -41.1k -41,130
21 Tanglewood Wealth Management, Inc. 15.69% of their portfolio HOUSTON, TX 1,596,8221.6m $189.4m $189.4m 15.69% Added +116.5k +116,456
22 RAYMOND JAMES FINANCIAL INC 0.06% of their portfolio ST. PETERSBURG, FL 1,594,9141.6m $189.2m $189.2m 0.06% Added +71.1k +71,064
23 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,344,9801.3m $159.5m $159.5m 0.00% Reduced -273.1k -273,072
24 HUNTINGTON NATIONAL BANK 0.83% of their portfolio COLUMBUS, OH 1,268,7971.3m $150.5m $150.5m 0.83% Added +188.6k +188,596
25 WestEnd Advisors, LLC 3.45% of their portfolio CHARLOTTE, NC 1,205,8641.2m $143.0m $143.0m 3.45% Added +32.8k +32,822
26 Creative Planning 0.09% of their portfolio OVERLAND PARK, KS 1,176,8371.2m $139.6m $139.6m 0.09% Reduced -69.7k -69,734
27 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 1,113,0251.1m $132.0m $132.0m 0.03% Added +5.1k +5,121
28 Dynasty Wealth Management, LLC 1.12% of their portfolio ST. PETERSBURG, FL 1,085,0401.1m $128.7m $128.7m 1.12% Reduced -85.5k -85,457
29 ARMSTRONG ADVISORY GROUP, INC 8.63% of their portfolio NEEDHAM, MA 1,084,4871.1m $128.6m $128.6m 8.63% Added +96.1k +96,090
30 Facet Wealth, Inc. 2.16% of their portfolio WEST PALM BEACH, FL 1,049,9971.0m $124.5m $124.5m 2.16% Added +83.4k +83,363
31 Focus Partners Wealth 0.13% of their portfolio ST LOUIS, MO 963,830963.8k $114.3m $114.3m 0.13% Added +24.4k +24,436
32 Clarity Financial LLC 11.88% of their portfolio Houston, TX 920,520920.5k $109.2m $109.2m 11.88% Reduced -437.7k -437,743
33 Cetera Investment Advisers 0.11% of their portfolio SCHAUMBURG, IL 897,314897.3k $106.4m $106.4m 0.11% Added +96.5k +96,515
34 EVERGREEN CAPITAL MANAGEMENT LLC 1.92% of their portfolio Bellevue, WA 747,310747.3k $88.6m $88.6m 1.92% Reduced -1.6k -1,591
35 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 6.30% of their portfolio NEW YORK, NY 719,834719.8k $85.4m $85.4m 6.30% Added +272.7k +272,675
36 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 675,348675.3k $80.1m $80.1m 0.05% Reduced -32.9k -32,878
37 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 643,404643.4k $76.3m $76.3m 0.04% Reduced -786 -786
38 Strategic Point Investment Advisors, LLC 11.02% of their portfolio PROVIDENCE, RI 639,390639.4k $75.8m $75.8m 11.02% Added +24.5k +24,547
39 Bluespring Wealth Management, LLC 6.29% of their portfolio AUSTIN, TX 615,718615.7k $73.0m $73.0m 6.29% Added +18.0k +17,994
40 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.44% of their portfolio Madrid, U3 529,872529.9k $62.5m $62.5m 0.44% Added +49.3k +49,286
41 OSAIC HOLDINGS, INC. 0.09% of their portfolio SCOTTSDALE, AZ 489,387489.4k $58.1m $58.1m 0.09% Added +193.1k +193,103
42 SAGESPRING WEALTH PARTNERS, LLC 1.05% of their portfolio FRANKLIN, TN 487,319487.3k $57.8m $57.8m 1.05% Added +18.7k +18,689
43 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 478,423478.4k $56.7m $56.7m 0.04% Added +14.4k +14,406
44 OpenArc Corporate Advisory, LLC 0.81% of their portfolio ATLANTA, GA 475,868475.9k $56.4m $56.4m 0.81% Reduced -86.7k -86,668
45 Waverly Advisors, LLC 0.40% of their portfolio BIRMINGHAM, AL 455,053455.1k $54.0m $54.0m 0.40% Reduced -11.1k -11,111
46 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 451,719451.7k $53.6m $53.6m 0.01% Added +241.3k +241,255
47 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 447,982448.0k $53.1m $53.1m 0.01% Added +35.0k +34,954
48 Curi Capital, LLC 0.87% of their portfolio CHICAGO, IL 412,543412.5k $48.9m $48.9m 0.87% Added +12.8k +12,843
49 TD PRIVATE CLIENT WEALTH LLC 1.01% of their portfolio NEW YORK, NY 410,840410.8k $48.7m $48.7m 1.01% Reduced -3.0k -3,008
50 University of Illinois Foundation 9.99% of their portfolio CHAMPAIGN, IL 410,500410.5k $48.7m $48.7m 9.99% New
51 KEYBANK NATIONAL ASSOCIATION/OH 0.18% of their portfolio BROOKLYN, OH 407,193407.2k $48.3m $48.3m 0.18% Added +10.6k +10,552
52 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 404,436404.4k $48.0m $48.0m 0.01% Added +44.6k +44,642
53 NorthCoast Asset Management LLC 1.07% of their portfolio STAMFORD, CT 390,414390.4k $46.3m $46.3m 1.07% Added +137.3k +137,253
54 DDFG, Inc 9.48% of their portfolio THOUSAND OAKS, CA 371,059371.1k $44.0m $44.0m 9.48% Added +13.8k +13,806
55 Allspring Global Investments Holdings, LLC 0.07% of their portfolio CHARLOTTE, NC 370,001370.0k $43.9m $43.9m 0.07% Unchanged
56 OneDigital Investment Advisors LLC 0.41% of their portfolio OVERLAND PARK, KS 357,210357.2k $42.4m $42.4m 0.41% Added +70.6k +70,593
57 Blueprint Investment Partners LLC 4.22% of their portfolio GREENSBORO, NC 349,025349.0k $41.4m $41.4m 4.22% Reduced -81.8k -81,810
58 BENJAMIN EDWARDS INC 0.40% of their portfolio Clayton, MO 341,421341.4k $40.5m $40.5m 0.40% Added +13.0k +12,951
59 Willis Johnson & Associates, Inc. 2.33% of their portfolio Houston, TX 337,503337.5k $40.0m $40.0m 2.33% Added +33.1k +33,070
60 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.19% of their portfolio Stamford, CT 319,437319.4k $37.9m $37.9m 0.19% Added +34.6k +34,564
61 Silicon Valley Capital Partners 3.67% of their portfolio SAN JOSE, CA 315,584315.6k $37.4m $37.4m 3.67% Reduced -12.1k -12,068
62 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 299,887299.9k $35.6m $35.6m 0.01% Added +15.9k +15,876
63 SkyView Investment Advisors, LLC 4.76% of their portfolio SHREWSBURY, NJ 290,122290.1k $35.4m $35.4m 4.76% Added +6.3k +6,318
64 Allianz Asset Management GmbH 0.04% of their portfolio MUNICH, 2M 288,900288.9k $34.3m $34.3m 0.04% Added +44.1k +44,100
65 CABOT WEALTH MANAGEMENT INC 3.81% of their portfolio BEVERLY, MA 279,159279.2k $33.1m $33.1m 3.81% Added +8.0k +7,995
66 Banco Santander, S.A. 0.26% of their portfolio Madrid, U3 272,569272.6k $32.3m $32.3m 0.26% Added +576 +576
67 New Harbor Financial Group, LLC 5.86% of their portfolio WORCESTER, MA 272,300272.3k $32.3m $32.3m 5.86% Added +19.7k +19,655
68 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 261,176261.2k $31.0m $31.0m 0.04% Reduced -16.6k -16,625
69 Cambridge Investment Research Advisors, Inc. 0.08% of their portfolio FAIRFIELD, IA 258,197258.2k $30.6m $30.6m 0.08% Added +45.1k +45,123
70 Permanens Capital L.P. 3.94% of their portfolio NEW YORK, NY 257,944257.9k $30.6m $30.6m 3.94% Added +241.4k +241,436
71 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 256,392256.4k $30.4m $30.4m 0.02% New
72 Strategic Wealth Partners, Ltd. 1.99% of their portfolio INDEPENDENCE, OH 241,901241.9k $28.7m $28.7m 1.99% Added +11.2k +11,224
73 MBL Wealth, LLC 2.13% of their portfolio CHARLOTTE, NC 237,478237.5k $28.2m $28.2m 2.13% Added +16.5k +16,545
74 Weaver Capital Management LLC 5.96% of their portfolio SUWANEE, GA 231,359231.4k $27.4m $27.4m 5.96% New
75 HANTZ FINANCIAL SERVICES, INC. 0.41% of their portfolio SOUTHFIELD, MI 227,262227.3k $27.0m $27.0m 0.41% Added +80.2k +80,172
76 ANCHOR CAPITAL ADVISORS LLC 0.77% of their portfolio Boston, MA 226,745226.7k $26.9m $26.9m 0.77% Added +33.5k +33,462
77 Hoese & Co LLP 19.89% of their portfolio GLENCOE, MN 225,998226.0k $26.8m $26.8m 19.89% Added +4.5k +4,514
78 Orion Porfolio Solutions, LLC 0.22% of their portfolio OMAHA, NE 222,267222.3k $26.4m $26.4m 0.22% Added +48.0k +48,003
79 US BANCORP \DE\ 0.03% of their portfolio MINNEAPOLIS, MN 211,176211.2k $25.0m $25.0m 0.03% Added +4.2k +4,173
80 SCHOOL EMPLOYEES RETIREMENT BOARD OF OHIO 10.19% of their portfolio COLUMBUS, OH 210,715210.7k $25.0m $25.0m 10.19% Unchanged
81 Blueprint Financial Advisors LLC 3.46% of their portfolio GREENSBOTO, NC 196,711196.7k $23.3m $23.3m 3.46% Added +12.4k +12,401
82 DT Investment Partners, LLC 1.94% of their portfolio CHADDS FORD, PA 196,652196.7k $23.3m $23.3m 1.94% Added +6.5k +6,497
83 AE Wealth Management LLC 0.12% of their portfolio TOPEKA, KS 192,693192.7k $22.9m $22.9m 0.12% Added +6.1k +6,145
84 CSM Advisors, LLC 0.55% of their portfolio WARRENDALE, PA 189,900189.9k $22.5m $22.5m 0.55% Unchanged
85 Mirabaud & Cie SA 9.10% of their portfolio GENEVA, V8 188,618188.6k $22.4m $22.4m 9.10% Added +4.2k +4,173
86 JMAC ENTERPRISES LLC 4.24% of their portfolio NEWTOWN, PA 186,581186.6k $22.1m $22.1m 4.24% Added +4.0k +4,032
87 CVS HEALTH Corp 10.21% of their portfolio WOONSOCKET, RI 182,800182.8k $21.7m $21.7m 10.21% New
88 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 180,904180.9k $18.2m $18.2m 0.04% Reduced -89.9k -89,880
89 FIRST AMERICAN TRUST, FSB 1.44% of their portfolio SANTA ANA, CA 180,491180.5k $21.4m $21.4m 1.44% Added +9.6k +9,581
90 Baird Financial Group, Inc. 0.03% of their portfolio MILWAUKEE, WI 178,684178.7k $21.2m $21.2m 0.03% Added +16.2k +16,200
91 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 173,121173.1k $20.4m $20.4m 0.01% Added +80.5k +80,526
92 NewEdge Advisors, LLC 0.07% of their portfolio NEW ORLEANS, LA 172,155172.2k $20.4m $20.4m 0.07% Added +507 +507
93 Napier Financial, LLC 4.61% of their portfolio BRAINTREE, MA 169,333169.3k $20.1m $20.1m 4.61% Reduced -894 -894
94 Independence Financial Advisors, LLC 5.81% of their portfolio FRANKLIN, NH 163,298163.3k $19.4m $19.4m 5.81% Added +3.8k +3,786
95 Haverford Trust Co 0.18% of their portfolio Radnor, PA 162,535162.5k $19.3m $19.3m 0.18% Added +9.7k +9,672
96 PFG Advisors 0.85% of their portfolio Phoenix, AZ 148,034148.0k $17.6m $17.6m 0.85% Added +97.5k +97,517
97 1832 Asset Management L.P. 0.02% of their portfolio TORONTO, A6 145,646145.6k $17.3m $17.3m 0.02% Added +5.4k +5,438
98 Canal Capital Management, LLC 2.33% of their portfolio Richmond, VA 145,178145.2k $17.2m $17.2m 2.33% Added +6.6k +6,638
99 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 144,242144.2k $17.1m $17.1m 0.02% Reduced -6.3k -6,304
100 Capital Investment Services of America, Inc. 1.78% of their portfolio MILWAUKEE, WI 143,566143.6k $17.0m $17.0m 1.78% Reduced -3.8k -3,758