Vault-13

ISHARES TR IAT

US REGNL BKS ETF · ETP · CUSIP 464288778

167 institutional holders -19 vs Q1 2025
6,517,6676.5m shares reported held*
$323.1mreported value*
13 new 53 added 56 reduced 32 sold out net sold ≈ $26.9m (-544.3k 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. Holder counts are more reliable. Implied quarter-end price ≈ $49.57. Options: 2 managers hold calls ($2.3m notional), 3 hold puts ($2.7m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 136Q4 22: 140Q1 23: 155Q2 23: 157Q3 23: 159Q4 23: 184Q1 24: 158Q2 24: 150Q3 24: 158Q4 24: 196Q1 25: 186Q2 25: 167167Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022136
Q4 2022140
Q1 2023155
Q2 2023157
Q3 2023159
Q4 2023184
Q1 2024158
Q2 2024150
Q3 2024158
Q4 2024196
Q1 2025186
Q2 2025167

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 57 bought or addedQ3 23: 78 cut or sold outQ4 23: 97 bought or addedQ4 23: 71 cut or sold outQ4 23Q1 24: 63 bought or addedQ1 24: 94 cut or sold outQ2 24: 53 bought or addedQ2 24: 76 cut or sold outQ2 24Q3 24: 67 bought or addedQ3 24: 62 cut or sold outQ4 24: 88 bought or addedQ4 24: 62 cut or sold outQ4 24Q1 25: 74 bought or addedQ1 25: 78 cut or sold outQ2 25: 66 bought or addedQ2 25: 88 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20235778
Q4 20239771
Q1 20246394
Q2 20245376
Q3 20246762
Q4 20248862
Q1 20257478
Q2 20256688

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 24 calls: $7.1mQ3 24 puts: $11.4mQ3 24P/C 1.60Q4 24 calls: $7.7mQ4 24 puts: $14.1mQ4 24P/C 1.83Q1 25 calls: $1.8mQ1 25 puts: $2.5mQ1 25P/C 1.40Q2 25 calls: $2.3mQ2 25 puts: $2.7mQ2 25P/C 1.20
Numbers
QuarterCallsPutsP/C
Q3 2024$7.1m$11.4m1.60
Q4 2024$7.7m$14.1m1.83
Q1 2025$1.8m$2.5m1.40
Q2 2025$2.3m$2.7m1.20

Biggest buyers

Employees Provident Fund Board Added +600,000+600.0k
WELLS FARGO & COMPANY/MN Added +255,810+255.8k
ROYAL BANK OF CANADA Added +201,060+201.1k
Pathstone Holdings, LLC New +45,620+45.6k
JONES FINANCIAL COMPANIES LLLP Added +18,418+18.4k
ENVESTNET ASSET MANAGEMENT INC Added +17,682+17.7k
Advisory Services Network, LLC Added +17,031+17.0k
Rockefeller Capital Management L.P. Added +16,733+16.7k
Fiduciary Alliance LLC New +11,915+11.9k
Lighthouse Investment Partners, LLC New +11,210+11.2k

Biggest sellers

MORGAN STANLEY Reduced -262,994-263.0k
BANK OF AMERICA CORP /DE/ Reduced -229,534-229.5k
MML INVESTORS SERVICES, LLC Sold out -198,527-198.5k
Prospera Financial Services Inc Sold out -182,742-182.7k
MinichMacGregor Wealth Management, LLC Sold out -146,327-146.3k
UBS Group AG Reduced -104,828-104.8k
Quadrature Capital Ltd Sold out -70,297-70.3k
STIFEL FINANCIAL CORP Reduced -58,717-58.7k
Cadent Capital Advisors, LLC Reduced -46,187-46.2k
Tudor Financial Inc. Sold out -40,841-40.8k

Biggest calls

CITADEL ADVISORS LLC Added $1.4m28.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $882.0k17.8k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $1.1m22.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $946.4k19.1k shares
JANE STREET GROUP, LLC Added $708.6k14.3k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Employees Provident Fund Board 0.43% of their portfolio SHAH ALAM, N8 1,000,0001.0m $49.5m $49.5m 0.43% Added +600.0k +600,000
2 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 488,718488.7k $24.2m $24.2m 0.00% Added +201.1k +201,060
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 471,034471.0k $23.3m $23.3m 0.00% Reduced -263.0k -262,994
4 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 469,951470.0k $23.3m $23.3m 0.01% Added +255.8k +255,810
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 390,505390.5k $19.3m $19.3m 0.00% Reduced -229.5k -229,534
6 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 360,619360.6k $17.9m $17.9m 0.00% Added +1.9k +1,941
7 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 212,575212.6k $10.5m $10.5m 0.01% Reduced -18.0k -18,010
8 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 210,154210.2k $10.4m $10.4m 0.02% Reduced -5.4k -5,368
9 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 208,230208.2k $10.3m $10.3m 0.00% Reduced -5.3k -5,310
10 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 174,308174.3k $8.6m $8.6m 0.00% Added +4.5k +4,486
11 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 159,565159.6k $7.9m $7.9m 0.00% Reduced -31.2k -31,197
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 143,150143.2k $7.1m $7.1m 0.00% Reduced -104.8k -104,828
13 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 142,066142.1k $7.0m $7.0m 0.01% Reduced -22.1k -22,105
14 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 108,499108.5k $5.4m $5.4m 0.00% Reduced -19.8k -19,762
15 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 106,403106.4k $5.3m $5.3m 0.01% Reduced -9.2k -9,183
16 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 93,69993.7k $4.6m $4.6m 0.00% Added +17.7k +17,682
17 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 81,68881.7k $4.0m $4.0m 0.00% Reduced -3.5k -3,493
18 Steward Partners Investment Advisory, LLC 0.03% of their portfolio STAMFORD, CT 78,78378.8k $3.9m $3.9m 0.03% Reduced -12.4k -12,369
19 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 75,90075.9k $3.8m $3.8m 0.01% Reduced -6.8k -6,800
20 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 75,27275.3k $3.7m $3.7m 0.00% Added +18.4k +18,418
21 MARTIN & CO INC /TN/ 0.55% of their portfolio Knoxville, TN 60,12060.1k $3.0m $3.0m 0.55% Reduced -468 -468
22 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 57,59357.6k $2.9m $2.9m 0.00% Reduced -34.5k -34,456
23 Advisory Services Network, LLC 0.05% of their portfolio ATLANTA, GA 56,82856.8k $2.8m $2.8m 0.05% Added +17.0k +17,031
24 KCM INVESTMENT ADVISORS LLC 0.09% of their portfolio GREENBRAE, CA 55,55555.6k $2.8m $2.8m 0.09% Added +1.4k +1,429
25 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 55,50855.5k $2.8m $2.8m 0.00% Reduced -3.9k -3,926
26 Crestwood Advisors Group, LLC 0.05% of their portfolio BOSTON, MA 51,53251.5k $2.6m $2.6m 0.05% Reduced -1.0k -1,025
27 SCS Capital Management LLC 0.03% of their portfolio BOSTON, MA 49,54049.5k $2.5m $2.5m 0.03% Reduced -13.3k -13,295
28 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 45,62045.6k $2.3m $2.3m 0.01% New
29 Westwind Capital 0.40% of their portfolio LAS CRUCES, NM 39,53839.5k $2.0m $2.0m 0.40% Added +4.4k +4,373
30 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 39,01039.0k $1.9m $1.9m 0.00% Added +16.7k +16,733
31 BANQUE PICTET & CIE SA 0.02% of their portfolio GENEVA 73, V8 36,94736.9k $1.8m $1.8m 0.02% Reduced -8.1k -8,050
32 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 35,67135.7k $1.8m $1.8m 0.00% Added +3.6k +3,553
33 Family Firm, Inc. 0.40% of their portfolio BETHESDA, MD 33,53633.5k $1.7m $1.7m 0.40% Added +3.4k +3,381
34 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 31,10031.1k $1.5m $1.5m 0.00% Reduced -4.2k -4,150
35 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 30,66330.7k $1.5m $1.5m 0.00% Reduced -30.5k -30,469
36 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 29,69129.7k $1.5m $1.5m 0.00% Added +459 +459
37 Mariner, LLC 0.00% of their portfolio Overland Park, KS 27,18627.2k $1.3m $1.3m 0.00% Added +4.1k +4,106
38 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 25,62025.6k $1.3m $1.3m 0.00% Reduced -6.3k -6,275
39 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 25,60525.6k $1.3m $1.3m 0.00% Added +5.0k +4,972
40 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 25,06425.1k $1.2m $1.2m 0.01% Added +3.4k +3,358
41 CARRET ASSET MANAGEMENT, LLC 0.13% of their portfolio NEW YORK, NY 24,92024.9k $1.2m $1.2m 0.13% Reduced -300 -300
42 Cadent Capital Advisors, LLC 0.37% of their portfolio TULSA, OK 22,72222.7k $1.1m $1.1m 0.37% Reduced -46.2k -46,187
43 Fearless Solutions, LLC dba Best Invest 0.74% of their portfolio SAN ANTONIO, TX 21,38721.4k $1.1m $1.1m 0.74% Reduced -250 -250
44 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 20,82320.8k $1.0m $1.0m 0.00% Reduced -503 -503
45 AUGUSTINE ASSET MANAGEMENT INC 0.27% of their portfolio JACKSONVILLE, FL 20,00020.0k $991.0k $991.0k 0.27% Unchanged
46 Dakota Wealth Management 0.02% of their portfolio PALM BEACH GARDENS, FL 18,48418.5k $915.9k $915.9k 0.02% Unchanged
47 INDEPENDENT FINANCIAL GROUP, LLC 0.03% of their portfolio SAN DIEGO, CA 18,38018.4k $910.7k $910.7k 0.03% Reduced -120 -120
48 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 17,94517.9k $889.2k $889.2k 0.00% Reduced -58.7k -58,717
49 Heritage Wealth Management, Inc. 0.29% of their portfolio CINCINNATI, OH 17,85017.9k $884.5k $884.5k 0.29% Unchanged
50 CWM, LLC 0.00% of their portfolio OMAHA, NE 16,58016.6k $822.0k $822.0k 0.00% Reduced -3.8k -3,782
51 TRANSCEND CAPITAL ADVISORS, LLC 0.06% of their portfolio MADISON, NJ 14,50014.5k $718.5k $718.5k 0.06% Unchanged
52 Tower Research Capital LLC (TRC) 0.02% of their portfolio NEW YORK, NY 13,72813.7k $680.2k $680.2k 0.02% Added +6.3k +6,303
53 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 13,61613.6k $674.7k $674.7k 0.02% Reduced -4.2k -4,156
54 Dentgroup LLC 0.47% of their portfolio BATON ROUGE, LA 13,59313.6k $673.5k $673.5k 0.47% Reduced -2.2k -2,181
55 Fiduciary Alliance LLC 0.04% of their portfolio GREENVILLE, SC 11,91511.9k $590.4k $590.4k 0.04% New
56 FLOW TRADERS U.S. LLC 0.02% of their portfolio NEW YORK, NY 11,61911.6k $576.0k $576.0k 0.02% Added +5.9k +5,927
57 MONETA GROUP INVESTMENT ADVISORS LLC 0.01% of their portfolio ST LOUIS, MO 11,25611.3k $557.7k $557.7k 0.01% Added +113 +113
58 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 11,25011.2k $557.4k $557.4k 0.00% Added +964 +964
59 Lighthouse Investment Partners, LLC 0.02% of their portfolio Palm Beach Gardens, FL 11,21011.2k $555.5k $555.5k 0.02% New
60 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 11,20911.2k $555.0k $555.0k 0.01% Added +408 +408
61 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 11,08711.1k $549.4k $549.4k 0.01% Reduced -3.1k -3,093
62 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 10,84710.8k $537.5k $537.5k 0.02% Added +41 +41
63 Ballew Advisors, Inc 0.32% of their portfolio Jackson, MS 10,31410.3k $540.8k $540.8k 0.32% Added +36 +36
64 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 10,30710.3k $510.7k $510.7k 0.00% Added +45 +45
65 SAGE FINANCIAL GROUP INC 0.04% of their portfolio W. CONSHOHOCKEN, PA 10,04210.0k $497.6k $497.6k 0.04% Added +71 +71
66 North Star Investment Management Corp. 0.03% of their portfolio CHICAGO, IL 9,1459.1k $453.1k $453.1k 0.03% Reduced -2.5k -2,535
67 Bank Pictet & Cie (Europe) AG 0.01% of their portfolio FRANKFURT AM MAIN, 2M 9,0009.0k $445.9k $445.9k 0.01% Unchanged
68 PATTEN & PATTEN INC/TN 0.03% of their portfolio CHATTANOOGA, TN 8,9709.0k $444.5k $444.5k 0.03% Added +35 +35
69 Bare Financial Services, Inc 0.15% of their portfolio GAP, PA 8,7588.8k $434.0k $434.0k 0.15% Added +340 +340
70 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 8,2078.2k $411.5k $411.5k 0.01% Reduced -131 -131
71 Sunbelt Securities, Inc. 0.04% of their portfolio HOUSTON, TX 8,1438.1k $410.1k $410.1k 0.04% Added +5.1k +5,124
72 Viewpoint Capital Management LLC 0.19% of their portfolio SEATTLE, WA 7,9928.0k $396.0k $396.0k 0.19% Unchanged
73 High Net Worth Advisory Group LLC 0.09% of their portfolio NAPLES, FL 7,1407.1k $353.8k $353.8k 0.09% Unchanged
74 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 6,9727.0k $345.5k $345.5k 0.00% Reduced -1.6k -1,599
75 QTR Family Wealth, LLC 0.20% of their portfolio LAKE MARY, FL 6,6246.6k $328.2k $328.2k 0.20% Added +14 +14
76 NEVILLE RODIE & SHAW INC 0.02% of their portfolio NEW YORK, NY 6,4906.5k $322.0k $322.0k 0.02% Reduced -385 -385
77 SYNOVUS FINANCIAL CORP 0.00% of their portfolio Columbus, GA 6,3856.4k $316.6k $316.6k 0.00% Added +12 +12
78 Larson Financial Group LLC 0.01% of their portfolio ST LOUIS, MO 6,3826.4k $316.2k $316.2k 0.01% Added +500 +500
79 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 6,3086.3k $312.6k $312.6k 0.00% Reduced -2.0k -1,974
80 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 6,3016.3k $312.2k $312.2k 0.00% Reduced -1.1k -1,132
81 Ellis Investment Partners, LLC 0.06% of their portfolio Berwyn, PA 6,2646.3k $310.4k $310.4k 0.06% Added +593 +593
82 CX Institutional 0.01% of their portfolio AUBURN, IN 6,1296.1k $304.0k $304.0k 0.01% Reduced -30.4k -30,401
83 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 6,0076.0k $297.6k $297.6k 0.00% New
84 One Capital Management, LLC 0.01% of their portfolio WESTLAKE VILLAGE, CA 5,8045.8k $287.6k $287.6k 0.01% Added +828 +828
85 ORRSTOWN FINANCIAL SERVICES INC 0.06% of their portfolio HARRISBURG, PA 5,5955.6k $277.2k $277.2k 0.06% New
86 Breakwater Capital Group 0.04% of their portfolio PARAMUS, NJ 5,5485.5k $274.9k $274.9k 0.04% Reduced -49 -49
87 First Horizon Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 5,3675.4k $265.9k $265.9k 0.01% Unchanged
88 Chicago Partners Investment Group LLC 0.01% of their portfolio CHICAGO, IL 5,2175.2k $273.4k $273.4k 0.01% Added +42 +42
89 Game Plan Financial Advisors, LLC 0.11% of their portfolio WESTLAKE, OH 5,0685.1k $251.1k $251.1k 0.11% Added +293 +293
90 SOL Capital Management CO 0.02% of their portfolio ROCKVILLE, MD 5,0005.0k $248.0k $248.0k 0.02% Unchanged
91 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 4,7284.7k $234.3k $234.3k 0.00% Added +428 +428
92 Joel Isaacson & Co., LLC 0.01% of their portfolio NEW YORK, NY 4,6904.7k $232.4k $232.4k 0.01% Unchanged
93 LRI Investments, LLC 0.02% of their portfolio PALM BEACH GARDENS, FL 4,4504.5k $220.5k $220.5k 0.02% Unchanged
94 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 4,3734.4k $216.7k $216.7k 0.00% New
95 PETTYJOHN, WOOD & WHITE, INC 0.04% of their portfolio LYNCHBURG, VA 4,2754.3k $211.8k $211.8k 0.04% New
96 CAPE COD FIVE CENTS SAVINGS BANK 0.02% of their portfolio HYANNIS, MA 4,2494.2k $202.0k $202.0k 0.02% Unchanged
97 Sand Hill Global Advisors, LLC 0.01% of their portfolio Palo Alto, CA 4,0904.1k $202.7k $202.7k 0.01% New
98 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 4,0324.0k $199.8k $199.8k 0.00% Reduced -1.2k -1,205
99 COMERICA BANK 0.00% of their portfolio DALLAS, TX 4,0114.0k $198.7k $198.7k 0.00% Reduced -500 -500
100 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 3,6203.6k $179.4k $179.4k 0.00% Added +208 +208