Vault-13

ISHARES TR SHV

SHORT TREAS BD · ETP · CUSIP 464288679

719 institutional holders -10 vs Q1 2025
88,215,32988.2m shares reported held*
$9.7bnreported value*
60 new 289 added 265 reduced 70 sold out net bought ≈ $453.5k (+502.3k 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 ($10.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $109.91.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 554Q4 22: 596Q1 23: 615Q2 23: 639Q3 23: 656Q4 23: 703Q1 24: 684Q2 24: 679Q3 24: 680Q4 24: 728Q1 25: 729Q2 25: 719719Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022554
Q4 2022596
Q1 2023615
Q2 2023639
Q3 2023656
Q4 2023703
Q1 2024684
Q2 2024679
Q3 2024680
Q4 2024728
Q1 2025729
Q2 2025719

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 310 bought or addedQ3 23: 314 cut or sold outQ4 23: 307 bought or addedQ4 23: 345 cut or sold outQ4 23Q1 24: 280 bought or addedQ1 24: 387 cut or sold outQ2 24: 302 bought or addedQ2 24: 324 cut or sold outQ2 24Q3 24: 322 bought or addedQ3 24: 317 cut or sold outQ4 24: 312 bought or addedQ4 24: 324 cut or sold outQ4 24Q1 25: 364 bought or addedQ1 25: 350 cut or sold outQ2 25: 349 bought or addedQ2 25: 335 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023310314
Q4 2023307345
Q1 2024280387
Q2 2024302324
Q3 2024322317
Q4 2024312324
Q1 2025364350
Q2 2025349335

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ3 24 calls: $420.4kQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $220.2kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$420.4k$00.00
Q4 2024$220.2k$00.00
Q1 2025$0$0—
Q2 2025$0$0—

Biggest buyers

ROYAL BANK OF CANADA Added +1,009,834+1.0m
Mariner, LLC Added +783,461+783.5k
WELLS FARGO & COMPANY/MN Added +732,738+732.7k
BlackRock, Inc. Added +705,064+705.1k
UBS Group AG Added +669,502+669.5k
MORGAN STANLEY Added +644,646+644.6k
BANK OF AMERICA CORP /DE/ Added +579,074+579.1k
Gallagher Fiduciary Advisors, LLC Added +464,811+464.8k
Rockefeller Capital Management L.P. Added +457,590+457.6k
Wealthspire Retirement, LLC Added +388,096+388.1k

Biggest sellers

FMR LLC Reduced -1,467,407-1.5m
RENAISSANCE TECHNOLOGIES LLC Sold out -1,040,800-1.0m
Marks Wealth, LLC Reduced -929,282-929.3k
MILLENNIUM MANAGEMENT LLC Reduced -543,097-543.1k
Cambridge Investment Research Advisors, Inc. Reduced -415,016-415.0k
TOWNSQUARE CAPITAL LLC Reduced -402,249-402.2k
GUIDANCE CAPITAL, INC Reduced -313,268-313.3k
BARINGS LLC Reduced -299,645-299.6k
Summit Financial, LLC Reduced -294,041-294.0k
Estate Counselors, LLC Reduced -285,650-285.6k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock Portfolio Management LLC 13G · institution -2.5 pts · filed 2026-10-27 7.8% -2.5 pts 16.2m≈ $1.8bn 2026-10-27

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.03% of their portfolio New York, NY 16,205,81116.2m $1.8bn $1.8bn 0.03% Added +705.1k +705,064
2 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 5,852,7275.9m $646.3m $646.3m 0.04% Added +644.6k +644,646
3 WELLS FARGO & COMPANY/MN 0.11% of their portfolio SAN FRANCISCO, CA 4,571,3764.6m $504.8m $504.8m 0.11% Added +732.7k +732,738
4 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 3,172,4143.2m $350.3m $350.3m 0.03% Added +579.1k +579,074
5 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 2,153,5402.2m $237.8m $237.8m 0.08% Added +27.4k +27,395
6 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 2,015,6822.0m $222.6m $222.6m 0.02% Added +1.0m +1,009,834
7 UBS Group AG 0.04% of their portfolio ZURICH, V8 1,935,7171.9m $213.7m $213.7m 0.04% Added +669.5k +669,502
8 Wealthfront Advisers LLC 0.51% of their portfolio Palo Alto, CA 1,782,7621.8m $196.9m $196.9m 0.51% Added +248.6k +248,584
9 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,671,2451.7m $184.5m $184.5m 0.01% Reduced -160.7k -160,707
10 RAYMOND JAMES FINANCIAL INC 0.06% of their portfolio ST. PETERSBURG, FL 1,576,1921.6m $174.0m $174.0m 0.06% Added +160.1k +160,138
11 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 1.54% of their portfolio Madrid, U3 1,544,6941.5m $170.0m $170.0m 1.54% Added +26.7k +26,689
12 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.27% of their portfolio PLYMOUTH, MN 1,462,7321.5m $161.1m $161.1m 0.27% Reduced -54.5k -54,451
13 Wealthspire Retirement, LLC 9.09% of their portfolio ALISO VIEJO, CA 1,245,5221.2m $137.5m $137.5m 9.09% Added +388.1k +388,096
14 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 1,105,9421.1m $122.1m $122.1m 0.04% Added +112.8k +112,763
15 Mariner, LLC 0.14% of their portfolio Overland Park, KS 883,796883.8k $97.6m $97.6m 0.14% Added +783.5k +783,461
16 Betterment LLC 0.20% of their portfolio NEW YORK, NY 865,310865.3k $95.5m $95.5m 0.20% Reduced -253.5k -253,485
17 Rockefeller Capital Management L.P. 0.11% of their portfolio NEW YORK, NY 851,768851.8k $97.8m $97.8m 0.11% Added +457.6k +457,590
18 Hansen & Associates Financial Group, Inc. 50.72% of their portfolio ROSEVILLE, CA 846,220846.2k $93.4m $93.4m 50.72% Reduced -132.0k -131,980
19 TRUIST FINANCIAL CORP 0.12% of their portfolio CHARLOTTE, NC 743,105743.1k $82.1m $82.1m 0.12% Reduced -271.9k -271,850
20 Cetera Investment Advisers 0.14% of their portfolio SCHAUMBURG, IL 725,115725.1k $80.1m $80.1m 0.14% Reduced -30.9k -30,861
21 Trust Co 9.01% of their portfolio MANHATTAN, KS 723,437723.4k $79.9m $79.9m 9.01% Added +12.3k +12,263
22 Ausdal Financial Partners, Inc. 5.24% of their portfolio Davenport, IA 711,846711.8k $78.6m $78.6m 5.24% Reduced -234.9k -234,933
23 OAKWORTH CAPITAL, INC. 4.83% of their portfolio BIRMINGHAM, AL 679,028679.0k $75.0m $75.0m 4.83% Reduced -138.7k -138,723
24 True Link Financial Advisors, LLC 5.01% of their portfolio SAN FRANCISCO, CA 657,201657.2k $72.6m $72.6m 5.01% Added +25.0k +25,048
25 ASSETMARK, INC 0.17% of their portfolio CONCORD, CA 650,493650.5k $71.8m $71.8m 0.17% Added +28.7k +28,727
26 STIFEL FINANCIAL CORP 0.07% of their portfolio ST. LOUIS, MO 630,394630.4k $69.6m $69.6m 0.07% Added +29.8k +29,813
27 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 620,211620.2k $68.5m $68.5m 0.05% Added +48.4k +48,362
28 Townsend & Associates, Inc 6.48% of their portfolio WESTMINSTER, CO 592,402592.4k $65.4m $65.4m 6.48% Added +9.8k +9,794
29 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 589,454589.5k $65.1m $65.1m 0.02% Reduced -188.1k -188,112
30 Cynosure Group, LLC 7.00% of their portfolio Salt Lake City, UT 559,842559.8k $61.8m $61.8m 7.00% Unchanged
31 Cerity Partners LLC 0.11% of their portfolio NEW YORK, NY 534,256534.3k $59.0m $59.0m 0.11% Added +169 +169
32 Marks Wealth, LLC 17.22% of their portfolio ELLICOTT CITY, MD 480,919480.9k $53.1m $53.1m 17.22% Reduced -929.3k -929,282
33 Gallagher Fiduciary Advisors, LLC 0.00% of their portfolio ROLLING MEADOWS, IL 469,255469.3k $5.6k $5.6k 0.00% Added +464.8k +464,811
34 Foundations Investment Advisors, LLC 0.81% of their portfolio PHOENIX, AZ 462,863462.9k $51.1m $51.1m 0.81% Added +52.0k +52,011
35 Acorns Advisers, LLC 0.43% of their portfolio IRVINE, CA 449,639449.6k $49.6m $49.6m 0.43% Added +2.9k +2,877
36 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 420,770420.8k $46.5m $46.5m 0.06% Reduced -243 -243
37 BANK OF NOVA SCOTIA 0.09% of their portfolio TORONTO, A6 381,309381.3k $42.1m $42.1m 0.09% Reduced -16.8k -16,769
38 Client First Capital LLC 19.23% of their portfolio SAN DIEGO, CA 370,916370.9k $41.0m $41.0m 19.23% Added +14.4k +14,398
39 Bulltick Wealth Management, LLC 9.53% of their portfolio Miami, FL 349,894349.9k $38.6m $38.6m 9.53% Reduced -40.0k -39,959
40 MML INVESTORS SERVICES, LLC 0.11% of their portfolio SPRINGFIELD, MA 344,915344.9k $38.1m $38.1m 0.11% Added +27.5k +27,486
41 Family Manage LLC 5.69% of their portfolio NEW YORK, NY 339,450339.4k $37.5m $37.5m 5.69% Added +15.7k +15,695
42 Americana Partners, LLC 1.27% of their portfolio Houston, TX 333,276333.3k $36.8m $36.8m 1.27% Reduced -40.6k -40,569
43 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 327,572327.6k $36.2m $36.2m 0.02% Reduced -80.2k -80,195
44 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 323,101323.1k $35.7m $35.7m 0.06% Added +69.5k +69,537
45 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 320,642320.6k $35.4m $35.4m 0.01% Added +46.0k +46,024
46 Global Retirement Partners, LLC 0.86% of their portfolio San Rafael, CA 315,119315.1k $34.8m $34.8m 0.86% First filing
47 Banco Santander, S.A. 0.32% of their portfolio Madrid, U3 309,079309.1k $34.1m $34.1m 0.32% Added +196.2k +196,238
48 GUIDANCE CAPITAL, INC 9.33% of their portfolio LOUSVILLE, KY 297,098297.1k $32.7m $32.7m 9.33% Reduced -313.3k -313,268
49 Summit Financial, LLC 0.73% of their portfolio PARSIPPANY, NJ 292,466292.5k $32.3m $32.3m 0.73% Reduced -294.0k -294,041
50 Advisory Services Network, LLC 0.52% of their portfolio ATLANTA, GA 289,879289.9k $32.0m $32.0m 0.52% Reduced -41.4k -41,418
51 White Lighthouse Investment Management Inc. 5.18% of their portfolio BEDFORD, MA 288,246288.2k $31.8m $31.8m 5.18% Added +1.2k +1,208
52 LaSalle St. Investment Advisors, LLC 8.72% of their portfolio ELMHURST, IL 287,846287.8k $31.8m $31.8m 8.72% Added +1.2k +1,221
53 Quadrature Capital Ltd 0.54% of their portfolio LONDON, X0 286,440286.4k $31.6m $31.6m 0.54% New
54 Allred Capital Management, LLC 11.70% of their portfolio Dallas, TX 283,342283.3k $31.3m $31.3m 11.70% Added +65.9k +65,898
55 JANE STREET GROUP, LLC 0.05% of their portfolio NEW YORK, NY 277,471277.5k $30.6m $30.6m 0.05% Reduced -133.5k -133,471
56 OPPENHEIMER & CO INC 0.40% of their portfolio NEW YORK, NY 272,764272.8k $30.1m $30.1m 0.40% Reduced -119 -119
57 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.20% of their portfolio Stamford, CT 261,634261.6k $28.9m $28.9m 0.20% Added +23.9k +23,909
58 Concord Wealth Partners 4.21% of their portfolio ABINGDON, VA 261,414261.4k $28.9m $28.9m 4.21% Added +12.9k +12,928
59 Concord Asset Management, LLC/VA 4.34% of their portfolio ABINGDON, VA 261,414261.4k $28.9m $28.9m 4.34% Added +22.1k +22,103
60 Sulzberger Capital Advisors, Inc. 33.57% of their portfolio MIAMI, FL 259,805259.8k $28.7m $28.7m 33.57% Added +56.2k +56,187
61 Legacy Advisory Services, LLC 22.72% of their portfolio Exton, PA 259,486259.5k $28.7m $28.7m 22.72% Added +23.9k +23,881
62 Cambridge Investment Research Advisors, Inc. 0.09% of their portfolio FAIRFIELD, IA 259,435259.4k $28.6m $28.6m 0.09% Reduced -415.0k -415,016
63 Fund Evaluation Group, LLC 1.09% of their portfolio CINCINNATI, OH 254,989255.0k $28.2m $28.2m 1.09% Added +4.9k +4,861
64 Janney Montgomery Scott LLC 0.07% of their portfolio PHILADELPHIA, PA 244,507244.5k $27.0m $27.0m 0.07% Added +14.3k +14,324
65 Northwest Quadrant Wealth Management, LLC 6.01% of their portfolio BEND, OR 244,079244.1k $27.0m $27.0m 6.01% Reduced -13.0k -12,994
66 Modern Wealth Management, LLC 0.64% of their portfolio KANSAS CITY, MO 236,188236.2k $26.1m $26.1m 0.64% New
67 Focus Partners Wealth 0.05% of their portfolio ST LOUIS, MO 228,513228.5k $25.2m $25.2m 0.05% Added +23.0k +23,044
68 Bull Oak Capital, LLC 10.87% of their portfolio RANCHO SANTA FE, CA 216,101216.1k $23.9m $23.9m 10.87% Added +31.4k +31,418
69 MASECO LLP 0.90% of their portfolio LONDON, X0 214,355214.4k $23.7m $23.7m 0.90% First filing
70 CAPSTONE WEALTH MANAGEMENT GROUP, LLC 22.57% of their portfolio DUNMORE, PA 213,053213.1k $23.5m $23.5m 22.57% Added +103.6k +103,648
71 Able Wealth Management LLC 11.78% of their portfolio Toms River, NJ 211,628211.6k $23.4m $23.4m 11.78% Added +6.4k +6,422
72 Sierra Legacy Group 18.04% of their portfolio Scottsdale, AZ 210,532210.5k $23.2m $23.2m 18.04% Reduced -15.8k -15,824
73 GM Advisory Group, LLC 1.11% of their portfolio MELVILLE, NY 202,611202.6k $22.4m $22.4m 1.11% Reduced -272.3k -272,276
74 Penserra Capital Management LLC 0.30% of their portfolio ORINDA, CA 195,248195.2k $21.6m $21.6m 0.30% New
75 Mullooly Asset Management, Inc. 9.02% of their portfolio WALL TOWNSHIP, NJ 194,696194.7k $21.5m $21.5m 9.02% Reduced -9.4k -9,368
76 Steward Partners Investment Advisory, LLC 0.16% of their portfolio STAMFORD, CT 189,762189.8k $21.0m $21.0m 0.16% Reduced -61.7k -61,660
77 Mascoma Wealth Management LLC 4.80% of their portfolio HANOVER, NH 187,136187.1k $20.7m $20.7m 4.80% Added +4.8k +4,761
78 Strategic Point Investment Advisors, LLC 3.18% of their portfolio PROVIDENCE, RI 186,551186.6k $20.6m $20.6m 3.18% Added +3.3k +3,251
79 SIMON QUICK ADVISORS, LLC 1.03% of their portfolio MORRISTOWN, NJ 184,729184.7k $20.4m $20.4m 1.03% Reduced -1.4k -1,353
80 Midwest Professional Planners, LTD. 5.34% of their portfolio WAUSAU, WI 183,503183.5k $20.3m $20.3m 5.34% Added +135.1k +135,114
81 Crescent Grove Advisors, LLC 1.95% of their portfolio LAKE FOREST, IL 182,560182.6k $20.2m $20.2m 1.95% Reduced -67.6k -67,617
82 COMERICA BANK 0.08% of their portfolio DALLAS, TX 182,529182.5k $20.2m $20.2m 0.08% Added +44.3k +44,298
83 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 176,657176.7k $19.5m $19.5m 0.03% New
84 SG Americas Securities, LLC 0.09% of their portfolio NEW YORK, NY 175,683175.7k $19.4m $19.4m 0.09% Added +60.1k +60,098
85 M. Kulyk & Associates, LLC 4.16% of their portfolio DECATUR, GA 173,441173.4k $19.2m $19.2m 4.16% Added +11.3k +11,323
86 Lee Financial Co 2.72% of their portfolio Dallas, TX 171,837171.8k $19.0m $19.0m 2.72% Reduced -7.6k -7,557
87 Gunma Bank,Ltd. 6.13% of their portfolio GUNMA, M0 170,000170.0k $18.8m $18.8m 6.13% Unchanged
88 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 166,495166.5k $18.4m $18.4m 0.02% Reduced -231.0k -230,977
89 ANCHOR CAPITAL ADVISORS LLC 0.53% of their portfolio Boston, MA 163,392163.4k $18.0m $18.0m 0.53% Reduced -2.8k -2,769
90 Onyx Bridge Wealth Group LLC 2.35% of their portfolio TARRYTOWN, NY 161,273161.3k $17.8m $17.8m 2.35% Added +7.3k +7,256
91 FLOW TRADERS U.S. LLC 0.64% of their portfolio NEW YORK, NY 156,982157.0k $17.3m $17.3m 0.64% Reduced -6.0k -6,015
92 Farther Finance Advisors, LLC 0.34% of their portfolio SAN FRANCISCO, CA 154,220154.2k $17.0m $17.0m 0.34% Reduced -797 -797
93 Presidio Capital Management, LLC 6.44% of their portfolio SAN DIEGO, CA 151,398151.4k $16.7m $16.7m 6.44% Added +2.2k +2,242
94 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 149,104149.1k $16.5m $16.5m 0.01% Added +32.9k +32,916
95 GFS Advisors, LLC 2.25% of their portfolio HOUSTON, TX 149,048149.0k $16.5m $16.5m 2.25% Added +1.5k +1,464
96 Financial Engines Advisors L.L.C. 0.03% of their portfolio SANTA CLARA, CA 148,023148.0k $16.3m $16.3m 0.03% Added +1.0k +1,008
97 RFG Advisory, LLC 0.38% of their portfolio BIRMINGHAM, AL 147,171147.2k $16.3m $16.3m 0.38% Added +131.9k +131,904
98 Fairvoy Private Wealth, LLC 3.98% of their portfolio BIRMINGHAM, AL 145,036145.0k $16.0m $16.0m 3.98% Added +1.4k +1,365
99 Smithfield Trust Co 0.75% of their portfolio PITTSBURGH, PA 143,720143.7k $15.9m $15.9m 0.75% Reduced -13.9k -13,851
100 Delta Investment Management, LLC 3.01% of their portfolio SAN FRANCISCO, CA 141,778141.8k $15.7m $15.7m 3.01% Reduced -45.8k -45,827