Vault-13

ISHARES TR ITA

US AER DEF ETF · ETP · CUSIP 464288760

1,039 institutional holders +8 vs Q1 2026
29,496,67529.5m shares reported held*
$7.1bnreported value*
104 new 372 added 329 reduced 92 sold out net bought ≈ $77.0m (+451.2k 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 ($6.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $241.25. Options: 7 managers hold calls ($128.4m notional), 9 hold puts ($217.4m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 423Q4 22: 515Q1 23: 549Q2 23: 559Q3 23: 543Q4 23: 628Q1 24: 614Q2 24: 622Q3 24: 654Q4 24: 699Q1 25: 701Q2 25: 756Q3 25: 882Q4 25: 991Q1 26: 1,031Q2 26: 1,0391,039Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022423
Q4 2022515
Q1 2023549
Q2 2023559
Q3 2023543
Q4 2023628
Q1 2024614
Q2 2024622
Q3 2024654
Q4 2024699
Q1 2025701
Q2 2025756
Q3 2025882
Q4 2025991
Q1 20261,031
Q2 20261,039

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ3 24: 291 bought or addedQ3 24: 259 cut or sold outQ4 24: 310 bought or addedQ4 24: 251 cut or sold outQ4 24Q1 25: 276 bought or addedQ1 25: 317 cut or sold outQ2 25: 363 bought or addedQ2 25: 256 cut or sold outQ2 25Q3 25: 524 bought or addedQ3 25: 230 cut or sold outQ4 25: 465 bought or addedQ4 25: 290 cut or sold outQ4 25Q1 26: 552 bought or addedQ1 26: 384 cut or sold outQ2 26: 476 bought or addedQ2 26: 421 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024291259
Q4 2024310251
Q1 2025276317
Q2 2025363256
Q3 2025524230
Q4 2025465290
Q1 2026552384
Q2 2026476421

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ3 25 calls: $134.8mQ3 25 puts: $109.0mQ3 25P/C 0.81Q4 25 calls: $57.5mQ4 25 puts: $108.6mQ4 25P/C 1.89Q1 26 calls: $147.6mQ1 26 puts: $165.6mQ1 26P/C 1.12Q2 26 calls: $128.4mQ2 26 puts: $217.4mQ2 26P/C 1.69
Numbers
QuarterCallsPutsP/C
Q3 2025$134.8m$109.0m0.81
Q4 2025$57.5m$108.6m1.89
Q1 2026$147.6m$165.6m1.12
Q2 2026$128.4m$217.4m1.69

Biggest buyers

Phoenix Financial Ltd. Added +1,273,200+1.3m
GOLDMAN SACHS GROUP INC Added +192,977+193.0k
VESTOR CAPITAL, LLC Added +191,012+191.0k
AMERIPRISE FINANCIAL INC Added +189,331+189.3k
Cambridge Investment Research Advisors, Inc. Added +170,572+170.6k
BNP PARIBAS FINANCIAL MARKETS Added +147,931+147.9k
WELLS FARGO & COMPANY/MN Added +92,923+92.9k
MEITAV INVESTMENT HOUSE LTD New +90,081+90.1k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +84,677+84.7k
MML INVESTORS SERVICES, LLC Added +69,615+69.6k

Biggest sellers

UBS Group AG Reduced -1,136,844-1.1m
MORGAN STANLEY Reduced -352,433-352.4k
D. E. Shaw & Co., Inc. Reduced -106,344-106.3k
Qube Research & Technologies Ltd Reduced -101,740-101.7k
DIVERSIFY WEALTH MANAGEMENT, LLC Reduced -74,191-74.2k
Chicago Wealth Management, Inc. Reduced -72,304-72.3k
POTOMAC FUND MANAGEMENT INC /ADV Sold out -70,900-70.9k
PRUDENTIAL PLC Sold out -68,083-68.1k
MinichMacGregor Wealth Management, LLC Reduced -59,686-59.7k
Royal Fund Management, LLC Sold out -59,202-59.2k

Biggest calls

JANE STREET GROUP, LLC Added $38.8m159.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $38.1m157.2k shares
CITADEL ADVISORS LLC Reduced $33.8m139.4k shares
Point72 Asset Management, L.P. Reduced $13.5m55.6k shares
Squarepoint Ops LLC Added $2.4m9.9k shares
Belvedere Trading LLC Reduced $1.8m7.5k shares
B. Riley Wealth Advisors, Inc. Reduced $47.8k200 shares

Biggest puts

JANE STREET GROUP, LLC Added $96.0m396.1k shares
CITADEL ADVISORS LLC Reduced $60.0m247.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $29.1m120.0k shares
Squarepoint Ops LLC Reduced $14.0m57.9k shares
Point72 Asset Management, L.P. Reduced $14.0m57.6k shares
TORONTO DOMINION BANK New $3.0m12.5k shares
Belvedere Trading LLC Reduced $1.0m4.2k shares
BANK OF NOVA SCOTIA New $252.1k1.0k shares
MARINER INVESTMENT GROUP LLC Unchanged $26.0k10.0k 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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 3,017,0723.0m $731.4m $731.4m 0.05% Added +19.1k +19,098
2 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 2,648,7242.6m $642.1m $642.1m 0.03% Reduced -352.4k -352,433
3 LPL Financial LLC 0.13% of their portfolio FORT MILL, SC 2,318,9352.3m $562.2m $562.2m 0.13% Reduced -2.8k -2,750
4 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 1,457,5451.5m $353.3m $353.3m 0.06% Added +92.9k +92,923
5 Phoenix Financial Ltd. 2.12% of their portfolio Givatayim, L3 1,278,9931.3m $310.1m $310.1m 2.12% Added +1.3m +1,273,200
6 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 1,132,5061.1m $274.6m $274.6m 0.06% Added +189.3k +189,331
7 BlackRock, Inc. 0.00% of their portfolio New York, NY 786,640786.6k $190.7m $190.7m 0.00% Added +67.8k +67,833
8 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 765,331765.3k $185.5m $185.5m 0.05% Reduced -7.9k -7,903
9 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 655,978656.0k $159.0m $159.0m 0.04% Reduced -41.9k -41,925
10 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 617,649617.6k $149.7m $149.7m 0.03% Added +58.5k +58,525
11 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.08% of their portfolio MILWAUKEE, WI 616,653616.7k $149.5m $149.5m 0.08% Added +84.7k +84,677
12 UBS Group AG 0.02% of their portfolio ZURICH, V8 592,720592.7k $143.7m $143.7m 0.02% Reduced -1.1m -1,136,844
13 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 560,045560.0k $133.9m $133.9m 0.01% Reduced -18.0k -17,982
14 OSAIC HOLDINGS, INC. 0.15% of their portfolio SCOTTSDALE, AZ 533,033533.0k $129.3m $129.3m 0.15% Added +33.2k +33,242
15 MML INVESTORS SERVICES, LLC 0.20% of their portfolio SPRINGFIELD, MA 403,807403.8k $97.9m $97.9m 0.20% Added +69.6k +69,615
16 Cetera Investment Advisers 0.09% of their portfolio SCHAUMBURG, IL 398,559398.6k $96.6m $96.6m 0.09% Added +16.9k +16,885
17 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 366,065366.1k $88.7m $88.7m 0.01% Added +193.0k +192,977
18 Dynasty Wealth Management, LLC 0.63% of their portfolio ST. PETERSBURG, FL 348,483348.5k $84.5m $84.5m 0.63% Added +35.3k +35,308
19 COMMONWEALTH EQUITY SERVICES, LLC 0.10% of their portfolio WALTHAM, MA 343,700343.7k $83.3m $83.3m 0.10% Added +10.0k +10,032
20 Cambridge Investment Research Advisors, Inc. 0.09% of their portfolio FAIRFIELD, IA 338,488338.5k $82.1m $82.1m 0.09% Added +170.6k +170,572
21 JONES FINANCIAL COMPANIES LLLP 0.03% of their portfolio DES PERES, MO 271,717271.7k $64.3m $64.3m 0.03% Added +56.5k +56,466
22 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 218,958219.0k $53.1m $53.1m 0.04% Added +3.0k +3,009
23 Rockefeller Capital Management L.P. 0.08% of their portfolio NEW YORK, NY 214,403214.4k $52.0m $52.0m 0.08% Reduced -15.6k -15,587
24 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 207,319207.3k $50.3m $50.3m 0.03% Added +147.9k +147,931
25 Equitable Holdings, Inc. 0.29% of their portfolio NEW YORK, NY 202,455202.5k $49.1m $49.1m 0.29% Added +34.7k +34,716
26 TRUIST FINANCIAL CORP 0.06% of their portfolio CHARLOTTE, NC 193,637193.6k $46.9m $46.9m 0.06% Added +7.5k +7,493
27 VESTOR CAPITAL, LLC 1.09% of their portfolio CHICAGO, IL 191,220191.2k $17.3m $17.3m 1.09% Added +191.0k +191,012
28 Janney Montgomery Scott LLC 0.09% of their portfolio PHILADELPHIA, PA 188,688188.7k $45.7m $45.7m 0.09% Added +534 +534
29 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 177,711177.7k $43.1m $43.1m 0.04% Reduced -106 -106
30 SAGESPRING WEALTH PARTNERS, LLC 0.60% of their portfolio FRANKLIN, TN 161,313161.3k $39.1m $39.1m 0.60% Added +14.8k +14,774
31 OpenArc Corporate Advisory, LLC 0.45% of their portfolio ATLANTA, GA 157,421157.4k $38.2m $38.2m 0.45% Added +21.1k +21,110
32 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 127,944127.9k $31.0m $31.0m 0.01% Reduced -20.6k -20,564
33 AlphaCore Capital LLC 0.57% of their portfolio LA JOLLA, CA 126,827126.8k $30.7m $30.7m 0.57% Reduced -7.6k -7,556
34 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 119,943119.9k $29.1m $29.1m 0.01% Added +5.2k +5,165
35 IFP Advisors, Inc 0.48% of their portfolio TAMPA, FL 109,759109.8k $26.6m $26.6m 0.48% Added +2.4k +2,375
36 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 107,690107.7k $26.1m $26.1m 0.01% Added +32.8k +32,848
37 Stratos Wealth Partners, LTD. 0.24% of their portfolio BEACHWOOD, OH 98,67998.7k $23.9m $23.9m 0.24% Added +5.5k +5,462
38 Cadent Capital Advisors, LLC 4.59% of their portfolio TULSA, OK 91,17991.2k $22.1m $22.1m 4.59% Added +5.4k +5,435
39 Baird Financial Group, Inc. 0.03% of their portfolio MILWAUKEE, WI 90,46190.5k $21.9m $21.9m 0.03% Reduced -14.6k -14,616
40 MEITAV INVESTMENT HOUSE LTD 0.15% of their portfolio BENE-BERAQ, L3 90,08190.1k $21.8m $21.8m 0.15% New
41 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 89,81789.8k $21.5m $21.5m 0.04% Added +7.0k +7,009
42 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 88,19188.2k $21.4m $21.4m 0.01% Added +13.0k +12,982
43 PARK AVENUE SECURITIES LLC 0.13% of their portfolio NEW YORK, NY 84,79484.8k $20.6m $20.6m 0.13% Reduced -313 -313
44 Private Advisor Group, LLC 0.09% of their portfolio MORRISTOWN, NJ 79,25079.2k $19.2m $19.2m 0.09% Added +21.7k +21,678
45 Prospera Financial Services Inc 0.26% of their portfolio Dallas, TX 72,80972.8k $17.7m $17.7m 0.26% Added +3.7k +3,678
46 Kestra Advisory Services, LLC 0.06% of their portfolio AUSTIN, TX 72,78272.8k $17.6m $17.6m 0.06% Reduced -4.2k -4,155
47 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 71,78571.8k $17.4m $17.4m 0.02% Added +4.1k +4,145
48 MinichMacGregor Wealth Management, LLC 2.53% of their portfolio Saratoga Springs, NY 68,88268.9k $16.7m $16.7m 2.53% Reduced -59.7k -59,686
49 360 Financial, Inc. 4.19% of their portfolio WAYZATA, MN 68,01568.0k $16.5m $16.5m 4.19% Added +2.1k +2,146
50 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 66,92266.9k $16.2m $16.2m 0.03% Reduced -12.4k -12,400
51 Diversify Advisory Services, LLC 0.27% of their portfolio SANDY, UT 66,67066.7k $16.3m $16.3m 0.27% Added +13.6k +13,576
52 DIVERSIFY WEALTH MANAGEMENT, LLC 0.27% of their portfolio SANDY, UT 66,67066.7k $16.3m $16.3m 0.27% Reduced -74.2k -74,191
53 FERGUSON WELLMAN CAPITAL MANAGEMENT, INC 0.20% of their portfolio PORTLAND, OR 66,00866.0k $16.0m $16.0m 0.20% Reduced -671 -671
54 Advisory Services Network, LLC 0.18% of their portfolio ATLANTA, GA 64,90964.9k $15.7m $15.7m 0.18% Added +5.5k +5,477
55 Steward Partners Investment Advisory, LLC 0.07% of their portfolio STAMFORD, CT 59,42159.4k $14.4m $14.4m 0.07% Reduced -16.4k -16,398
56 INDEPENDENT FINANCIAL GROUP, LLC 0.26% of their portfolio SAN DIEGO, CA 56,89256.9k $13.8m $13.8m 0.26% Added +948 +948
57 Stone House Investment Management, LLC 1.79% of their portfolio TUNKHANNOCK, PA 55,65055.6k $13.5m $13.5m 1.79% Added +6.5k +6,512
58 Arkadios Wealth Advisors 0.21% of their portfolio ATLANTA, GA 55,50055.5k $13.5m $13.5m 0.21% Reduced -3.5k -3,515
59 Concurrent Investment Advisors, LLC 0.11% of their portfolio Tampa, FL 52,86652.9k $12.8m $12.8m 0.11% Added +4.8k +4,825
60 WealthCare Investment Partners, LLC 3.05% of their portfolio PORTSMOUTH, RI 51,84151.8k $12.6m $12.6m 3.05% Reduced -312 -312
61 NorthRock Partners, LLC 0.18% of their portfolio MINNEAPOLIS, MN 51,27551.3k $12.4m $12.4m 0.18% Added +180 +180
62 SCOTIA CAPITAL INC. 0.05% of their portfolio TORONTO, A6 50,88350.9k $12.3m $12.3m 0.05% Added +8.0k +7,951
63 TD Waterhouse Canada Inc. 0.03% of their portfolio TORONTO, A6 48,87848.9k $11.9m $11.9m 0.03% Reduced -45.2k -45,245
64 Atria Investments, Inc 0.12% of their portfolio Charlotte, NC 48,12148.1k $11.7m $11.7m 0.12% Added +2.7k +2,740
65 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 47,02847.0k $11.4m $11.4m 0.01% Added +3.8k +3,817
66 Federation des caisses Desjardins du Quebec 0.03% of their portfolio LEVIS, A8 46,42946.4k $11.3m $11.3m 0.03% Added +11.4k +11,360
67 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 1.33% of their portfolio Tel Aviv, L3 44,30044.3k $10.7m $10.7m 1.33% New
68 Prime Capital Investment Advisors, LLC 0.10% of their portfolio OVERLAND PARK, KS 43,88943.9k $10.6m $10.6m 0.10% Added +22.5k +22,459
69 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 43,60243.6k $10.6m $10.6m 0.01% Reduced -101.7k -101,740
70 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 43,04943.0k $10.4m $10.4m 0.03% Reduced -2.9k -2,918
71 CLEAR WAVE WEALTH MANAGEMENT LLC 2.32% of their portfolio RED BANK, NJ 43,00843.0k $10.4m $10.4m 2.32% Added +5.8k +5,796
72 Merit Financial Group, LLC 0.06% of their portfolio ALPHARETTA, GA 42,99243.0k $10.4m $10.4m 0.06% Reduced -172 -172
73 Integrated Wealth Concepts LLC 0.05% of their portfolio WALTHAM, MA 42,08042.1k $10.2m $10.2m 0.05% Added +14.3k +14,268
74 Kraft, Davis & Associates, LLC 1.98% of their portfolio St. Louis, MO 39,54139.5k $9.5m $9.5m 1.98% Added +1.5k +1,527
75 J.W. COLE ADVISORS, INC. 0.16% of their portfolio TAMPA, FL 39,08839.1k $9.5m $9.5m 0.16% New
76 Ignite Planners, LLC 1.29% of their portfolio SAN CLEMENTE, CA 38,60038.6k $9.4m $9.4m 1.29% Reduced -327 -327
77 OPPENHEIMER & CO INC 0.10% of their portfolio NEW YORK, NY 37,98238.0k $9.2m $9.2m 0.10% Reduced -1.2k -1,245
78 MRA Advisory Group 3.34% of their portfolio PARSIPPANY, NJ 37,95638.0k $9.2m $9.2m 3.34% Added +363 +363
79 HARBOUR INVESTMENTS, INC. 0.12% of their portfolio MADISON, WI 37,66337.7k $9.1m $9.1m 0.12% Added +983 +983
80 Well Done, LLC 1.23% of their portfolio HOLLAND, MI 37,59437.6k $9.1m $9.1m 1.23% Reduced -2.9k -2,874
81 RPg Family Wealth Advisory, LLC 0.81% of their portfolio BURLINGTON, MA 36,11636.1k $8.8m $8.8m 0.81% Added +19.2k +19,227
82 WNY Asset Management, LLC 0.78% of their portfolio Williamsville, NY 35,99736.0k $8.7m $8.7m 0.78% Added +2.0k +2,014
83 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 35,17135.2k $8.5m $8.5m 0.01% Added +2.3k +2,345
84 FOUNDERS FINANCIAL SECURITIES LLC 0.43% of their portfolio TOWSON, MD 34,67034.7k $8.4m $8.4m 0.43% Reduced -26.4k -26,432
85 Trek Financial, LLC 0.41% of their portfolio Scottsdale, AZ 34,33034.3k $8.3m $8.3m 0.41% Added +33.2k +33,168
86 Kilter Group LLC 3.01% of their portfolio RHINEBECK, NY 34,32634.3k $8.3m $8.3m 3.01% Added +5.4k +5,448
87 FOCUS Wealth Advisors, LLC 3.78% of their portfolio HOUSTON, TX 33,66733.7k $8.2m $8.2m 3.78% Reduced -351 -351
88 TSFG, LLC 1.01% of their portfolio LAKE FOREST, IL 32,97933.0k $8.0m $8.0m 1.01% Added +18.9k +18,872
89 CADINHA & CO LLC 1.17% of their portfolio HONOLULU, HI 32,69332.7k $7.9m $7.9m 1.17% Reduced -1.7k -1,695
90 Mariner, LLC 0.01% of their portfolio Overland Park, KS 32,46332.5k $7.9m $7.9m 0.01% Reduced -57.2k -57,234
91 Tower Research Capital LLC (TRC) 0.19% of their portfolio NEW YORK, NY 32,37932.4k $7.8m $7.8m 0.19% Added +32.3k +32,334
92 ARRIEN INVESTMENTS, INC. 3.95% of their portfolio BOISE, ID 32,28232.3k $7.8m $7.8m 3.95% Reduced -779 -779
93 COTTONWOOD CAPITAL ADVISORS, LLC 4.64% of their portfolio SALT LAKE CITY, UT 31,76231.8k $7.7m $7.7m 4.64% Added +7.0k +7,047
94 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 31,73131.7k $7.7m $7.7m 0.01% Reduced -19.2k -19,245
95 PARAGON FINANCIAL PARTNERS, INC. 4.01% of their portfolio WOODLAND HILLS, CA 31,11531.1k $7.5m $7.5m 4.01% Added +2.5k +2,493
96 Beacon Pointe Advisors, LLC 0.03% of their portfolio NEWPORT BEACH, CA 30,95131.0k $7.5m $7.5m 0.03% Added +3.5k +3,522
97 Bluesphere Advisors LLC 2.30% of their portfolio EAST NORRITON, PA 30,77230.8k $7.5m $7.5m 2.30% Reduced -408 -408
98 EFG International AG 0.14% of their portfolio Zurich, V8 30,73530.7k $7.5m $7.5m 0.14% Reduced -14.0k -13,976
99 Yarbrough Capital, LLC 0.22% of their portfolio FRANKLIN, TN 30,39330.4k $7.4m $7.4m 0.22% Unchanged
100 Accel Wealth Management 1.65% of their portfolio WAVERLY, IA 30,19030.2k $7.3m $7.3m 1.65% Added +1.4k +1,381