Vault-13

ISHARES TR PFF

PFD AND INCM SEC · ETP · CUSIP 464288687

968 institutional holders -11 vs Q1 2026
168,565,519168.6m shares reported held*
$5.1bnreported value*
75 new 366 added 348 reduced 79 sold out net bought ≈ $66.7m (+2.2m 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 ($12.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $30.52. Options: 3 managers hold calls ($15.2m notional), 4 hold puts ($6.9m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 954Q4 22: 980Q1 23: 956Q2 23: 967Q3 23: 964Q4 23: 1,037Q1 24: 1,048Q2 24: 1,012Q3 24: 1,024Q4 24: 1,071Q1 25: 1,029Q2 25: 992Q3 25: 993Q4 25: 1,014Q1 26: 979Q2 26: 968968Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022954
Q4 2022980
Q1 2023956
Q2 2023967
Q3 2023964
Q4 20231,037
Q1 20241,048
Q2 20241,012
Q3 20241,024
Q4 20241,071
Q1 20251,029
Q2 2025992
Q3 2025993
Q4 20251,014
Q1 2026979
Q2 2026968

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ3 24: 484 bought or addedQ3 24: 417 cut or sold outQ4 24: 449 bought or addedQ4 24: 463 cut or sold outQ4 24Q1 25: 432 bought or addedQ1 25: 516 cut or sold outQ2 25: 381 bought or addedQ2 25: 527 cut or sold outQ2 25Q3 25: 462 bought or addedQ3 25: 439 cut or sold outQ4 25: 411 bought or addedQ4 25: 484 cut or sold outQ4 25Q1 26: 440 bought or addedQ1 26: 455 cut or sold outQ2 26: 441 bought or addedQ2 26: 427 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024484417
Q4 2024449463
Q1 2025432516
Q2 2025381527
Q3 2025462439
Q4 2025411484
Q1 2026440455
Q2 2026441427

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ3 25 calls: $5.4mQ3 25 puts: $8.6mQ3 25P/C 1.58Q4 25 calls: $6.9mQ4 25 puts: $8.1mQ4 25P/C 1.18Q1 26 calls: $8.8mQ1 26 puts: $7.9mQ1 26P/C 0.90Q2 26 calls: $15.2mQ2 26 puts: $6.9mQ2 26P/C 0.46
Numbers
QuarterCallsPutsP/C
Q3 2025$5.4m$8.6m1.58
Q4 2025$6.9m$8.1m1.18
Q1 2026$8.8m$7.9m0.90
Q2 2026$15.2m$6.9m0.46

Biggest buyers

Janney Montgomery Scott LLC New +1,585,246+1.6m
Cambridge Investment Research Advisors, Inc. Added +686,712+686.7k
MORGAN STANLEY Added +637,935+637.9k
Independence Financial Advisors, LLC New +543,016+543.0k
PARK AVENUE SECURITIES LLC New +438,413+438.4k
Bramshill Investments, LLC Added +294,247+294.2k
Quadrature Capital Ltd New +273,666+273.7k
Coral Wealth Management, LLC Added +267,731+267.7k
RPg Family Wealth Advisory, LLC Added +256,359+256.4k
SYKON CAPITAL LLC New +237,128+237.1k

Biggest sellers

WELLS FARGO & COMPANY/MN Reduced -960,487-960.5k
Steward Partners Investment Advisory, LLC Reduced -828,835-828.8k
HRT FINANCIAL LP Sold out -711,524-711.5k
Summit Financial Wealth Advisors, LLC Reduced -644,207-644.2k
Oak Harvest Investment Services Sold out -370,881-370.9k
AMERIPRISE FINANCIAL INC Reduced -296,500-296.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -283,199-283.2k
Parkside Investments, LLC Sold out -271,161-271.2k
Mariner, LLC Reduced -221,812-221.8k
Strategic Wealth Investment Group, LLC Reduced -202,037-202.0k

Biggest calls

CITADEL ADVISORS LLC Added $9.3m305.0k shares
JANE STREET GROUP, LLC Reduced $3.2m104.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.7m87.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.9m162.2k shares
JANE STREET GROUP, LLC Reduced $1.4m46.0k shares
CITADEL ADVISORS LLC Reduced $338.4k11.1k shares
Beverly Hills Private Wealth, LLC Unchanged $228.7k7.5k 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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 22,963,93723.0m $700.2m $700.2m 0.05% Added +215.8k +215,757
2 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 15,660,87015.7m $477.5m $477.5m 0.03% Added +637.9k +637,935
3 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 8,515,8838.5m $259.6m $259.6m 0.05% Reduced -960.5k -960,487
4 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 7,663,8957.7m $233.7m $233.7m 0.05% Reduced -48.0k -48,041
5 UBS Group AG 0.03% of their portfolio ZURICH, V8 6,178,7596.2m $188.4m $188.4m 0.03% Added +83.7k +83,670
6 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 4,297,6484.3m $131.0m $131.0m 0.02% Added +46.8k +46,819
7 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 4,029,2584.0m $122.9m $122.9m 0.03% Reduced -174.2k -174,192
8 Mariner, LLC 0.10% of their portfolio Overland Park, KS 3,203,3243.2m $97.7m $97.7m 0.10% Reduced -221.8k -221,812
9 First Interstate Bank 4.86% of their portfolio Billings, MT 3,052,7643.1m $93.1m $93.1m 4.86% Added +153.7k +153,677
10 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,804,8912.8m $85.5m $85.5m 0.00% Added +38.2k +38,156
11 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 2,329,8752.3m $71.0m $71.0m 0.02% Added +171.6k +171,567
12 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 2,220,4982.2m $67.7m $67.7m 0.01% Added +17.3k +17,308
13 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.82% of their portfolio MINNEAPOLIS, MN 2,053,2502.1m $62.6m $62.6m 0.82% Added +107.3k +107,296
14 TRUIST FINANCIAL CORP 0.06% of their portfolio CHARLOTTE, NC 1,600,6651.6m $48.8m $48.8m 0.06% Reduced -113.9k -113,920
15 Janney Montgomery Scott LLC 0.09% of their portfolio PHILADELPHIA, PA 1,585,2461.6m $48.3m $48.3m 0.09% New
16 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 1,510,6181.5m $46.1m $46.1m 0.04% Reduced -33.6k -33,587
17 FIFTH THIRD BANCORP 0.07% of their portfolio CINCINNATI, OH 1,500,9701.5m $45.8m $45.8m 0.07% Reduced -19.6k -19,589
18 US BANCORP \DE\ 0.05% of their portfolio MINNEAPOLIS, MN 1,494,9481.5m $45.6m $45.6m 0.05% Reduced -73.0k -73,048
19 Rockefeller Capital Management L.P. 0.07% of their portfolio NEW YORK, NY 1,401,0241.4m $42.7m $42.7m 0.07% Reduced -50.2k -50,165
20 GREENLEAF TRUST 0.39% of their portfolio KALAMAZOO, MI 1,319,3931.3m $40.2m $40.2m 0.39% Added +69.1k +69,132
21 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.76% of their portfolio TOKYO, M0 1,309,4591.3m $39.9m $39.9m 0.76% Added +9.8k +9,835
22 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 1,307,9001.3m $39.9m $39.9m 0.05% Added +117.1k +117,097
23 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 1,223,0681.2m $37.3m $37.3m 0.04% Added +686.7k +686,712
24 GDS Wealth Management 1.72% of their portfolio FLOWER MOUND, TX 1,185,7451.2m $36.2m $36.2m 1.72% Added +130.7k +130,678
25 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 1,165,3421.2m $35.5m $35.5m 0.04% Added +14.6k +14,594
26 Baird Financial Group, Inc. 0.05% of their portfolio MILWAUKEE, WI 1,107,0891.1m $33.8m $33.8m 0.05% Added +18.3k +18,272
27 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,105,1641.1m $33.8m $33.8m 0.01% Reduced -296.5k -296,500
28 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 1,075,9761.1m $32.8m $32.8m 0.03% Added +61.2k +61,155
29 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 1,047,9461.0m $32.0m $32.0m 0.02% Added +5.5k +5,472
30 FUKOKU MUTUAL LIFE INSURANCE Co 1.70% of their portfolio TOKYO, M0 955,500955.5k $29.1m $29.1m 1.70% Unchanged
31 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 900,451900.5k $27.5m $27.5m 0.03% Added +14.3k +14,327
32 Hennion & Walsh Asset Management, Inc. 0.78% of their portfolio Parsippany, NJ 895,614895.6k $27.3m $27.3m 0.78% Added +73.7k +73,697
33 MAI Capital Management 0.10% of their portfolio INDEPENDENCE, OH 885,212885.2k $27.0m $27.0m 0.10% Reduced -96.4k -96,383
34 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 874,523874.5k $25.4m $25.4m 0.04% Added +24.3k +24,295
35 Steward Partners Investment Advisory, LLC 0.13% of their portfolio STAMFORD, CT 846,800846.8k $25.8m $25.8m 0.13% Reduced -828.8k -828,835
36 COMMERCE BANK 0.11% of their portfolio KANSAS CITY, MO 825,814825.8k $25.2m $25.2m 0.11% Reduced -19.1k -19,061
37 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 815,529815.5k $24.9m $24.9m 0.02% Reduced -320 -320
38 Pure Financial Advisors, LLC 0.28% of their portfolio SAN DIEGO, CA 722,542722.5k $22.0m $22.0m 0.28% Added +42.6k +42,648
39 BARD ASSOCIATES INC 4.69% of their portfolio CHICAGO, IL 693,046693.0k $21.1m $21.1m 4.69% Added +1.2k +1,162
40 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 683,088683.1k $20.8m $20.8m 0.01% Added +51.2k +51,200
41 SeaBridge Investment Advisors LLC 2.88% of their portfolio SUMMIT, NJ 654,287654.3k $19.9m $19.9m 2.88% Added +58.4k +58,390
42 Dakota Wealth Management 0.38% of their portfolio PALM BEACH GARDENS, FL 652,995653.0k $19.9m $19.9m 0.38% Reduced -180.1k -180,091
43 Northside Capital Management, LLC 1.55% of their portfolio Hood River, OR 620,223620.2k $18.9m $18.9m 1.55% Reduced -12.4k -12,446
44 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 611,250611.2k $18.6m $18.6m 0.04% Added +114.3k +114,260
45 Kestra Advisory Services, LLC 0.06% of their portfolio AUSTIN, TX 596,777596.8k $18.2m $18.2m 0.06% Reduced -38.7k -38,660
46 KEYBANK NATIONAL ASSOCIATION/OH 0.06% of their portfolio BROOKLYN, OH 585,208585.2k $17.8m $17.8m 0.06% Reduced -28.1k -28,144
47 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 584,595584.6k $17.8m $17.8m 0.01% Unchanged
48 SWAN Capital LLC 6.01% of their portfolio PENSACOLA, FL 575,662575.7k $17.6m $17.6m 6.01% Added +71.2k +71,207
49 Markowski Investments 3.69% of their portfolio TAMPA, FL 549,635549.6k $16.8m $16.8m 3.69% First filing
50 Independence Financial Advisors, LLC 4.29% of their portfolio FRANKLIN, NH 543,016543.0k $16.6m $16.6m 4.29% New
51 Welch & Forbes LLC 0.19% of their portfolio Boston, MA 521,867521.9k $15.9m $15.9m 0.19% Reduced -62.9k -62,874
52 Sanctuary Advisors, LLC 0.07% of their portfolio INDIANAPOLIS, IN 512,647512.6k $15.6m $15.6m 0.07% Reduced -2.1k -2,110
53 Cordoba Advisory Partners LLC 3.29% of their portfolio NEW YORK, NY 509,545509.5k $15.5m $15.5m 3.29% Added +29.9k +29,919
54 &PARTNERS 0.06% of their portfolio NASHVILLE, TN 504,999505.0k $15.4m $15.4m 0.06% Added +13.0k +12,968
55 RPg Family Wealth Advisory, LLC 1.30% of their portfolio BURLINGTON, MA 459,524459.5k $14.0m $14.0m 1.30% Added +256.4k +256,359
56 Ballast, Inc. 2.59% of their portfolio Lexington, KY 450,713450.7k $13.7m $13.7m 2.59% Added +22.5k +22,512
57 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 448,050448.1k $13.7m $13.7m 0.04% Added +22.1k +22,116
58 STEPHENS INC /AR/ 0.15% of their portfolio LITTLE ROCK, AR 446,632446.6k $13.6m $13.6m 0.15% Reduced -46.8k -46,840
59 PARK AVENUE SECURITIES LLC 0.08% of their portfolio NEW YORK, NY 438,413438.4k $13.4m $13.4m 0.08% New
60 Robertson Stephens Wealth Management, LLC 0.32% of their portfolio San Francisco, CA 420,468420.5k $12.8m $12.8m 0.32% Reduced -6.0k -5,967
61 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 406,084406.1k $12.3m $12.3m 0.00% Added +20.5k +20,520
62 FULTON BREAKEFIELD BROENNIMAN LLC 0.73% of their portfolio Bethesda, MD 405,687405.7k $12.4m $12.4m 0.73% Reduced -4.0k -3,981
63 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 404,432404.4k $12.3m $12.3m 0.02% Added +21.5k +21,519
64 Envestnet Portfolio Solutions, Inc. 0.06% of their portfolio BERWYN, PA 400,314400.3k $12.2m $12.2m 0.06% Reduced -82.8k -82,771
65 Stratos Wealth Partners, LTD. 0.12% of their portfolio BEACHWOOD, OH 390,866390.9k $11.9m $11.9m 0.12% Reduced -94.6k -94,581
66 CONNING INC. 0.36% of their portfolio HARTFORD, CT 390,500390.5k $11.9m $11.9m 0.36% Unchanged
67 FIRST CITIZENS BANK & TRUST CO 0.18% of their portfolio RALEIGH, NC 388,438388.4k $11.8m $11.8m 0.18% Reduced -12.9k -12,936
68 SBI Securities Co., Ltd. 0.27% of their portfolio TOKYO, M0 384,915384.9k $11.7m $11.7m 0.27% Reduced -38.6k -38,576
69 COLLECTIVE FAMILY OFFICE LLC 2.16% of their portfolio YORK, PA 347,077347.1k $10.6m $10.6m 2.16% Added +1.8k +1,778
70 Stablepoint Partners, LLC 1.46% of their portfolio BRAINTREE, MA 346,842346.8k $10.6m $10.6m 1.46% Added +7.0k +6,999
71 Bramshill Investments, LLC 0.80% of their portfolio NAPLES, FL 344,817344.8k $10.5m $10.5m 0.80% Added +294.2k +294,247
72 Mountain Hill Investment Partners Corp. 5.81% of their portfolio ATLANTIC HIGHLANDS, NJ 336,638336.6k $10.3m $10.3m 5.81% Added +33.0k +33,005
73 KNIGHTSBRIDGE ASSET MANAGEMENT, LLC 0.68% of their portfolio NEWPORT BEACH, CA 325,929325.9k $10.0m $10.0m 0.68% Added +136.8k +136,773
74 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 320,505320.5k $9.8m $9.8m 0.01% Reduced -30.0k -29,994
75 Florida Trust Wealth Management Co 0.24% of their portfolio SANIBEL, FL 319,156319.2k $9.7m $9.7m 0.24% Reduced -18.5k -18,467
76 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 311,098311.1k $9.5m $9.5m 0.00% Added +1.6k +1,605
77 Prospera Financial Services Inc 0.13% of their portfolio Dallas, TX 300,766300.8k $9.2m $9.2m 0.13% Added +34.7k +34,742
78 Tanager Wealth Management LLP 0.79% of their portfolio Goring On Thames, X0 297,175297.2k $9.1m $9.1m 0.79% Added +110.5k +110,450
79 AMG National Trust Bank 0.18% of their portfolio GREENWOOD VILLAGE, CO 289,548289.5k $8.8m $8.8m 0.18% Reduced -9.5k -9,472
80 Coral Wealth Management, LLC 7.14% of their portfolio MIAMI, FL 285,927285.9k $8.7m $8.7m 7.14% Added +267.7k +267,731
81 ANGELES WEALTH MANAGEMENT, LLC 0.40% of their portfolio SANTA MONICA, CA 284,867284.9k $8.7m $8.7m 0.40% Reduced -678 -678
82 Pinnacle Financial Partners, Inc. 0.06% of their portfolio ATLANTA, GA 278,261278.3k $8.5m $8.5m 0.06% Reduced -22.9k -22,945
83 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 275,574275.6k $8.4m $8.4m 0.01% Reduced -283.2k -283,199
84 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 275,464275.5k $8.4m $8.4m 0.01% Reduced -89.4k -89,440
85 Centiva Capital, LP 0.28% of their portfolio New York, NY 274,900274.9k $8.4m $8.4m 0.28% Added +42.2k +42,200
86 Quadrature Capital Ltd 0.07% of their portfolio LONDON, X0 273,666273.7k $8.3m $8.3m 0.07% New
87 RWA WEALTH PARTNERS, LLC 0.08% of their portfolio BOSTON, MA 261,480261.5k $8.0m $8.0m 0.08% Added +42.6k +42,591
88 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 254,161254.2k $7.7m $7.7m 0.04% Added +17.6k +17,641
89 Mesirow Financial Investment Management, Inc. 0.12% of their portfolio CHICAGO, IL 249,354249.4k $7.6m $7.6m 0.12% Added +5.6k +5,643
90 Cambria Investment Management, L.P. 0.37% of their portfolio Manhattan Beach, CA 247,668247.7k $7.5m $7.5m 0.37% Added +109.3k +109,348
91 HUNTINGTON NATIONAL BANK 0.04% of their portfolio COLUMBUS, OH 245,553245.6k $7.5m $7.5m 0.04% Reduced -22.7k -22,710
92 PEAPACK GLADSTONE FINANCIAL CORP 0.09% of their portfolio BEDMINSTER, NJ 244,872244.9k $7.5m $7.5m 0.09% Reduced -5.8k -5,757
93 Lido Advisors, LLC 0.03% of their portfolio Los Angeles, CA 237,237237.2k $7.2m $7.2m 0.03% Added +5.2k +5,250
94 SYKON CAPITAL LLC 2.23% of their portfolio HARRISON, NY 237,128237.1k $7.2m $7.2m 2.23% New
95 Freedom Day Solutions, LLC 1.59% of their portfolio HOUSTON, TX 236,211236.2k $7.2m $7.2m 1.59% Reduced -32.1k -32,140
96 D.A. DAVIDSON & CO. 0.04% of their portfolio GREAT FALLS, MT 226,934226.9k $6.9m $6.9m 0.04% Reduced -5.4k -5,444
97 Regal Investment Advisors LLC 0.36% of their portfolio KENTWOOD, MI 226,182226.2k $6.9m $6.9m 0.36% Reduced -14.5k -14,535
98 Risk Paradigm Group, LLC 5.36% of their portfolio BURLINGTON, MA 224,325224.3k $6.8m $6.8m 5.36% Added +21.2k +21,223
99 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 222,666222.7k $6.8m $6.8m 0.01% Reduced -53.9k -53,893
100 Arch Global Advisors, LLC 2.85% of their portfolio NEW YORK, NY 210,950210.9k $6.4m $6.4m 2.85% Added +30.1k +30,139