Vault-13

ISHARES TR ITA

US AER DEF ETF · ETP · CUSIP 464288760

543 institutional holders -16 vs Q2 2023
23,767,60323.8m shares reported held*
$2.5bnreported value*
48 new 161 added 183 reduced 69 sold out net sold ≈ $274.1m (-2.5m 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 ($623.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $105.74. Options: 7 managers hold calls ($77.8m notional), 8 hold puts ($45.5m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 423Q4 22: 515Q1 23: 549Q2 23: 559Q3 23: 543543Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022423
Q4 2022515
Q1 2023549
Q2 2023559
Q3 2023543

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 299 bought or addedQ4 22: 124 cut or sold outQ4 22Q1 23: 313 bought or addedQ1 23: 173 cut or sold outQ1 23Q2 23: 257 bought or addedQ2 23: 230 cut or sold outQ2 23Q3 23: 209 bought or addedQ3 23: 252 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022299124
Q1 2023313173
Q2 2023257230
Q3 2023209252

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ4 22 calls: $45.8mQ4 22 puts: $14.1mQ4 22P/C 0.31Q1 23 calls: $114.2mQ1 23 puts: $61.2mQ1 23P/C 0.54Q2 23 calls: $121.9mQ2 23 puts: $74.7mQ2 23P/C 0.61Q3 23 calls: $77.8mQ3 23 puts: $45.5mQ3 23P/C 0.58
Numbers
QuarterCallsPutsP/C
Q4 2022$45.8m$14.1m0.31
Q1 2023$114.2m$61.2m0.54
Q2 2023$121.9m$74.7m0.61
Q3 2023$77.8m$45.5m0.58

Biggest buyers

TWO SIGMA INVESTMENTS, LP Added +228,100+228.1k
SPC Financial, Inc. New +138,145+138.1k
BANK OF AMERICA CORP /DE/ Added +137,403+137.4k
OSAIC HOLDINGS, INC. Added +119,556+119.6k
TWO SIGMA ADVISERS, LP New +119,400+119.4k
Blue Chip Partners, LLC New +105,843+105.8k
Financial Advocates Investment Management Added +104,705+104.7k
MILLENNIUM MANAGEMENT LLC Added +104,548+104.5k
Advisory Services Network, LLC Added +65,743+65.7k
STIFEL FINANCIAL CORP Added +54,676+54.7k

Biggest sellers

MENORA MIVTACHIM HOLDINGS LTD. Sold out -1,271,500-1.3m
Main Management Fund Advisors LLC Sold out -216,900-216.9k
NSI Retail Advisors, LLC Sold out -215,300-215.3k
CSM Advisors, LLC Sold out -215,300-215.3k
BANK OF MONTREAL /CAN/ Reduced -173,059-173.1k
JPMORGAN CHASE & CO Reduced -167,711-167.7k
AMERIPRISE FINANCIAL INC Reduced -135,302-135.3k
Ocean Park Asset Management, LLC Sold out -130,019-130.0k
Main Management LLC Reduced -125,400-125.4k
MORGAN STANLEY Reduced -120,456-120.5k

Biggest calls

GOLDMAN SACHS GROUP INC Unchanged $27.7m261.3k shares
CITADEL ADVISORS LLC Reduced $14.7m138.5k shares
CITIGROUP INC Unchanged $13.8m130.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $10.3m97.2k shares
WOLVERINE TRADING, LLC Reduced $7.3m69.0k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $4.1m38.3k shares
Cutler Group LLC / CA Reduced $23.0k20.6k shares

Biggest puts

CITIGROUP INC Unchanged $13.8m130.0k shares
CITADEL ADVISORS LLC Added $10.8m102.2k shares
GOLDMAN SACHS GROUP INC Unchanged $9.2m87.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.4m60.6k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $2.6m24.9k shares
WOLVERINE TRADING, LLC Reduced $2.5m23.9k shares
BANK OF AMERICA CORP /DE/ Added $74.2k700 shares
Cutler Group LLC / CA Reduced $30.0k6.0k 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.11% of their portfolio CHARLOTTE, NC 8,065,1538.1m $854.7m $854.7m 0.11% Added +137.4k +137,403
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 1,744,2751.7m $184.8m $184.8m 0.02% Reduced -120.5k -120,456
3 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 955,091955.1k $101.2m $101.2m 0.07% Reduced -17.6k -17,574
4 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 954,851954.9k $101.2m $101.2m 0.01% Reduced -167.7k -167,711
5 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 817,305817.3k $86.2m $86.2m 0.03% Reduced -135.3k -135,302
6 UBS Group AG 0.03% of their portfolio ZURICH, V8 618,331618.3k $65.5m $65.5m 0.03% Reduced -103.0k -102,970
7 Richard Bernstein Advisors LLC 1.45% of their portfolio NEW YORK, NY 611,314611.3k $64.8m $64.8m 1.45% Reduced -58.5k -58,490
8 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 607,870607.9k $64.4m $64.4m 0.02% Reduced -58.6k -58,564
9 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 457,574457.6k $48.5m $48.5m 0.01% Added +24.9k +24,877
10 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 441,784441.8k $46.8m $46.8m 0.07% Added +119.6k +119,556
11 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 434,939434.9k $46.1m $46.1m 0.01% Reduced -39.6k -39,554
12 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 293,244293.2k $31.1m $31.1m 0.01% Reduced -20.4k -20,429
13 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 265,991266.0k $28.2m $28.2m 0.04% Added +54.7k +54,676
14 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 255,794255.8k $27.1m $27.1m 0.06% Reduced -8.9k -8,865
15 TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio NEW YORK, NY 242,000242.0k $25.6m $25.6m 0.07% Added +228.1k +228,100
16 MML INVESTORS SERVICES, LLC 0.11% of their portfolio SPRINGFIELD, MA 192,887192.9k $20.4m $20.4m 0.11% Added +10.6k +10,614
17 FERGUSON WELLMAN CAPITAL MANAGEMENT, INC 0.46% of their portfolio PORTLAND, OR 176,701176.7k $18.7m $18.7m 0.46% Reduced -12.4k -12,373
18 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 163,529163.5k $17.3m $17.3m 0.01% Reduced -33.4k -33,390
19 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 156,596156.6k $16.6m $16.6m 0.03% Reduced -34.0k -34,019
20 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 142,452142.5k $15.1m $15.1m 0.07% Reduced -6.8k -6,768
21 Janney Capital Management LLC 1.13% of their portfolio PITTSBURGH, PA 138,325138.3k $14.7m $14.7m 1.13% Reduced -6.2k -6,249
22 SPC Financial, Inc. 1.64% of their portfolio ROCKVILLE, MD 138,145138.1k $14.6m $14.6m 1.64% New
23 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 137,554137.6k $14.6m $14.6m 0.02% Added +14.6k +14,576
24 Cetera Advisor Networks LLC 0.08% of their portfolio EL SEGUNDO, CA 126,556126.6k $13.4m $13.4m 0.08% Added +9.7k +9,717
25 TWO SIGMA ADVISERS, LP 0.03% of their portfolio NEW YORK, NY 119,400119.4k $12.7m $12.7m 0.03% New
26 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 119,365119.4k $12.6m $12.6m 0.01% Added +104.5k +104,548
27 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 118,814118.8k $12.6m $12.6m 0.02% Reduced -14.4k -14,376
28 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 117,534117.5k $12.5m $12.5m 0.05% Added +29.0k +28,982
29 Financial Advocates Investment Management 0.43% of their portfolio OLYMPIA, WA 114,449114.4k $5.8m $5.8m 0.43% Added +104.7k +104,705
30 Blue Chip Partners, LLC 1.34% of their portfolio FARMINGTON HILLS, MI 105,843105.8k $11.2m $11.2m 1.34% New
31 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 88,88888.9k $9.4m $9.4m 0.02% Reduced -15.5k -15,542
32 MERCER GLOBAL ADVISORS INC /ADV 0.04% of their portfolio DENVER, CO 88,56288.6k $9.4m $9.4m 0.04% Added +1.7k +1,673
33 MinichMacGregor Wealth Management, LLC 3.05% of their portfolio Saratoga Springs, NY 86,75786.8k $9.2m $9.2m 3.05% Reduced -968 -968
34 Cetera Advisors LLC 0.14% of their portfolio DENVER, CO 86,71986.7k $9.2m $9.2m 0.14% Added +3.8k +3,771
35 BENJAMIN F. EDWARDS & COMPANY, INC. 0.33% of their portfolio ST. LOUIS, MO 82,32982.3k $8.7m $8.7m 0.33% Added +5.6k +5,625
36 Advisory Services Network, LLC 0.23% of their portfolio ATLANTA, GA 81,41281.4k $8.6m $8.6m 0.23% Added +65.7k +65,743
37 Evolution Wealth Advisors, LLC 1.86% of their portfolio AVENTURA, FL 78,77178.8k $8.3m $8.3m 1.86% Added +669 +669
38 Fifth Third Securities, Inc. 0.92% of their portfolio Cincinnati, OH 77,16377.2k $8.2m $8.2m 0.92% Reduced -4.2k -4,203
39 Perigon Wealth Management, LLC 0.32% of their portfolio SAN FRANCISCO, CA 75,11575.1k $8.0m $8.0m 0.32% Added +3.7k +3,663
40 Chicago Wealth Management, Inc. 5.92% of their portfolio CHICAGO, IL 70,95671.0k $7.5m $7.5m 5.92% Reduced -561 -561
41 AVANTAX ADVISORY SERVICES, INC. 0.08% of their portfolio DALLAS, TX 69,67369.7k $7.4m $7.4m 0.08% Reduced -4.6k -4,629
42 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 56,82956.8k $6.0m $6.0m 0.01% Reduced -19.6k -19,611
43 INDEPENDENT FINANCIAL GROUP, LLC 0.39% of their portfolio SAN DIEGO, CA 56,76856.8k $6.0m $6.0m 0.39% Reduced -1.9k -1,933
44 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 56,71256.7k $6.0m $6.0m 0.01% Added +34.3k +34,260
45 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 56,52256.5k $6.0m $6.0m 0.05% Added +4.6k +4,606
46 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 53,32353.3k $5.7m $5.7m 0.02% Reduced -11.7k -11,669
47 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 52,49052.5k $5.6m $5.6m 0.01% Reduced -56.5k -56,451
48 MEITAV INVESTMENT HOUSE LTD 0.09% of their portfolio BENE-BERAQ, L3 52,43652.4k $5.6m $5.6m 0.09% Reduced -52.4k -52,436
49 Prime Capital Investment Advisors, LLC 0.11% of their portfolio OVERLAND PARK, KS 51,07251.1k $5.4m $5.4m 0.11% Added +1.5k +1,532
50 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 51,00851.0k $5.4m $5.4m 0.05% Reduced -15.1k -15,064
51 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 49,08349.1k $5.2m $5.2m 0.01% Reduced -977 -977
52 DFPG INVESTMENTS, LLC 0.51% of their portfolio SANDY, UT 48,91348.9k $5.5m $5.5m 0.51% Reduced -26.8k -26,820
53 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 47,31947.3k $5.0m $5.0m 0.02% Reduced -662 -662
54 ARRIEN INVESTMENTS, INC. 4.66% of their portfolio BOISE, ID 46,65646.7k $4.9m $4.9m 4.66% Reduced -1.2k -1,179
55 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 1.01% of their portfolio Tel Aviv, L3 44,30044.3k $4.7m $4.7m 1.01% Unchanged
56 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 43,89343.9k $4.6m $4.6m 0.01% Added +1.1k +1,147
57 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 43,32243.3k $4.6m $4.6m 0.04% Added +2.5k +2,523
58 HERBST GROUP, LLC 3.24% of their portfolio WESTPORT, CT 42,79542.8k $4.5m $4.5m 3.24% Added +305 +305
59 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 41,66641.7k $4.4m $4.4m 0.02% Added +1.7k +1,727
60 Atria Wealth Solutions, Inc. 0.06% of their portfolio NEW YORK, NY 41,31641.3k $4.4m $4.4m 0.06% Reduced -9.1k -9,054
61 Bedell Frazier Investment Counselling, LLC 1.31% of their portfolio Walnut Creek, CA 41,31241.3k $4.4m $4.4m 1.31% Reduced -3.2k -3,223
62 Norris Financial Group, LLC 3.03% of their portfolio GREENVILLE, SC 41,22341.2k $4.4m $4.4m 3.03% Reduced -14.6k -14,559
63 HRT FINANCIAL LP 0.05% of their portfolio NEW YORK, NY 41,07741.1k $4.4m $4.4m 0.05% Added +5.3k +5,266
64 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 40,23340.2k $4.3m $4.3m 0.01% Added +18.4k +18,356
65 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 39,38539.4k $4.2m $4.2m 0.01% Added +20.8k +20,766
66 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.06% of their portfolio ST. LOUIS, MO 38,40238.4k $4.1m $4.1m 0.06% Added +1.4k +1,426
67 Veltria Advisors Corp. 1.55% of their portfolio MIAMI, FL 37,09137.1k $3.9m $3.9m 1.55% Added +5.7k +5,661
68 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 36,83036.8k $3.9m $3.9m 0.00% Added +12.2k +12,199
69 WealthCare Investment Partners, LLC 2.29% of their portfolio PORTSMOUTH, RI 35,97136.0k $3.8m $3.8m 2.29% Added +965 +965
70 FOCUS Wealth Advisors, LLC 2.55% of their portfolio HOUSTON, TX 34,64634.6k $3.7m $3.7m 2.55% Reduced -176 -176
71 Mariner, LLC 0.01% of their portfolio Overland Park, KS 34,47834.5k $3.7m $3.7m 0.01% Reduced -3.0k -2,982
72 Well Done, LLC 0.80% of their portfolio HOLLAND, MI 33,97634.0k $3.6m $3.6m 0.80% Reduced -341 -341
73 Phoenix Financial Ltd. 0.03% of their portfolio Givatayim, L3 33,05633.1k $3.5m $3.5m 0.03% Added +18.0k +17,962
74 Bluesphere Advisors LLC 2.47% of their portfolio EAST NORRITON, PA 32,31332.3k $3.4m $3.4m 2.47% Added +19 +19
75 Cadent Capital Advisors, LLC 1.66% of their portfolio TULSA, OK 32,30532.3k $3.4m $3.4m 1.66% Added +29.1k +29,134
76 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 31,93231.9k $3.4m $3.4m 0.01% Added +350 +350
77 Equitable Holdings, Inc. 0.05% of their portfolio NEW YORK, NY 31,55331.6k $3.3m $3.3m 0.05% Added +128 +128
78 OPPENHEIMER & CO INC 0.07% of their portfolio NEW YORK, NY 30,76830.8k $3.3m $3.3m 0.07% Added +1.4k +1,398
79 Yarbrough Capital, LLC 0.19% of their portfolio FRANKLIN, TN 30,39330.4k $3.2m $3.2m 0.19% Unchanged
80 PARAGON FINANCIAL PARTNERS, INC. 3.34% of their portfolio WOODLAND HILLS, CA 30,33030.3k $3.2m $3.2m 3.34% Added +4.9k +4,904
81 Atria Investments, Inc 0.05% of their portfolio Charlotte, NC 28,57328.6k $3.0m $3.0m 0.05% Reduced -8.7k -8,749
82 PHILADELPHIA TRUST CO 0.30% of their portfolio PHILADELPHIA, PA 27,55327.6k $2.9m $2.9m 0.30% Reduced -1.2k -1,212
83 5th Street Advisors, LLC 1.92% of their portfolio Southport, CT 27,42627.4k $2.9m $2.9m 1.92% New
84 CWM, LLC 0.02% of their portfolio OMAHA, NE 26,97827.0k $2.9m $2.9m 0.02% Added +217 +217
85 MRA Advisory Group 2.02% of their portfolio PARSIPPANY, NJ 26,73626.7k $2.8m $2.8m 2.02% Added +1.5k +1,508
86 Federation des caisses Desjardins du Quebec 0.03% of their portfolio LEVIS, A8 25,32525.3k $2.7m $2.7m 0.03% Reduced -2.4k -2,360
87 Geneos Wealth Management Inc. 0.13% of their portfolio ENGLEWOOD, CO 23,63723.6k $2.5m $2.5m 0.13% Reduced -541 -541
88 WESPAC Advisors, LLC 1.83% of their portfolio ORINDA, CA 23,08323.1k $2.4m $2.4m 1.83% Added +2.8k +2,796
89 GARNET EQUITY CAPITAL HOLDINGS, INC. 2.25% of their portfolio NEW YORK, NY 23,00023.0k $2.4m $2.4m 2.25% Reduced -7.0k -7,000
90 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 22,97523.0k $2.5m $2.5m 0.00% Reduced -173.1k -173,059
91 JMAC ENTERPRISES LLC 0.60% of their portfolio NEWTOWN, PA 22,84622.8k $2.4m $2.4m 0.60% Added +80 +80
92 Ignite Planners, LLC 0.72% of their portfolio SAN CLEMENTE, CA 22,76622.8k $2.3m $2.3m 0.72% Reduced -2.6k -2,555
93 LINCOLN NATIONAL CORP 0.05% of their portfolio RADNOR, PA 22,64622.6k $2.4m $2.4m 0.05% Added +362 +362
94 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 22,44622.4k $2.4m $2.4m 0.00% Added +1.2k +1,201
95 Financial Partners Group, Inc 0.52% of their portfolio Overland Park, KS 22,17222.2k $2.5m $2.5m 0.52% Added +693 +693
96 Steward Partners Investment Advisory, LLC 0.04% of their portfolio STAMFORD, CT 21,90321.9k $2.3m $2.3m 0.04% Reduced -3.4k -3,362
97 BigSur Wealth Management LLC 1.16% of their portfolio MIAMI, FL 21,73521.7k $2.3m $2.3m 1.16% Added +385 +385
98 B. Riley Wealth Advisors, Inc. 0.06% of their portfolio MEMPHIS, TN 21,68721.7k $2.3m $2.3m 0.06% Added +606 +606
99 SCOTIA CAPITAL INC. 0.02% of their portfolio TORONTO, A6 21,65021.6k $2.3m $2.3m 0.02% Reduced -5.7k -5,735
100 Apollon Wealth Management, LLC 0.11% of their portfolio MOUNT PLEASANT, SC 20,92220.9k $2.2m $2.2m 0.11% Reduced -18.2k -18,222