Vault-13

ISHARES TR IAK

U.S. INSRNCE ETF · ETP · CUSIP 464288786

168 institutional holders +11 vs Q4 2024
3,800,2153.8m shares reported held*
$522.9mreported value*
26 new 50 added 63 reduced 14 sold out net sold ≈ $4.8m (-35.2k 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. Holder counts are more reliable. Implied quarter-end price ≈ $137.59. Options: 1 managers hold calls ($275.6k notional), 1 hold puts ($275.6k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 76Q4 22: 96Q1 23: 95Q2 23: 82Q3 23: 83Q4 23: 101Q1 24: 111Q2 24: 134Q3 24: 149Q4 24: 157Q1 25: 168168Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202276
Q4 202296
Q1 202395
Q2 202382
Q3 202383
Q4 2023101
Q1 2024111
Q2 2024134
Q3 2024149
Q4 2024157
Q1 2025168

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 23: 33 bought or addedQ2 23: 64 cut or sold outQ3 23: 32 bought or addedQ3 23: 49 cut or sold outQ3 23Q4 23: 59 bought or addedQ4 23: 40 cut or sold outQ1 24: 65 bought or addedQ1 24: 45 cut or sold outQ1 24Q2 24: 81 bought or addedQ2 24: 41 cut or sold outQ3 24: 86 bought or addedQ3 24: 57 cut or sold outQ3 24Q4 24: 79 bought or addedQ4 24: 73 cut or sold outQ1 25: 76 bought or addedQ1 25: 77 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20233364
Q3 20233249
Q4 20235940
Q1 20246545
Q2 20248141
Q3 20248657
Q4 20247973
Q1 20257677

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ2 24 calls: $33.9kQ2 24 puts: $124.2kQ2 24P/C 3.67Q3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $531.2kQ4 24 puts: $215.0kQ4 24P/C 0.40Q1 25 calls: $275.6kQ1 25 puts: $275.6kQ1 25P/C 1.00
Numbers
QuarterCallsPutsP/C
Q2 2024$33.9k$124.2k3.67
Q3 2024$0$0—
Q4 2024$531.2k$215.0k0.40
Q1 2025$275.6k$275.6k1.00

Biggest buyers

Beacon Harbor Wealth Advisors, Inc. New +86,768+86.8k
COMMONWEALTH EQUITY SERVICES, LLC Added +63,891+63.9k
Composition Wealth, LLC Added +51,749+51.7k
Federation des caisses Desjardins du Quebec New +48,044+48.0k
LPL Financial LLC Added +47,716+47.7k
WELLS FARGO & COMPANY/MN Added +37,708+37.7k
Jackson Wealth Management, LLC New +36,428+36.4k
Geneos Wealth Management Inc. Added +32,899+32.9k
GTS SECURITIES LLC New +28,373+28.4k
Tepp RIA, LLC Added +22,004+22.0k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -80,818-80.8k
MML INVESTORS SERVICES, LLC Reduced -78,887-78.9k
MORGAN STANLEY Reduced -67,718-67.7k
Cambridge Investment Research Advisors, Inc. Reduced -55,296-55.3k
ROYAL BANK OF CANADA Reduced -36,787-36.8k
MinichMacGregor Wealth Management, LLC Reduced -34,786-34.8k
OSAIC HOLDINGS, INC. Reduced -31,982-32.0k
STIFEL FINANCIAL CORP Reduced -22,986-23.0k
WT Wealth Management Reduced -21,865-21.9k
Private Advisor Group, LLC Reduced -15,055-15.1k

Biggest calls

Belvedere Trading LLC Added $275.6k2.0k shares

Biggest puts

Belvedere Trading LLC Added $275.6k2.0k 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 352,460352.5k $48.6m $48.6m 0.00% Reduced -67.7k -67,718
2 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 259,456259.5k $35.8m $35.8m 0.01% Added +37.7k +37,708
3 SPC Financial, Inc. 1.99% of their portfolio ROCKVILLE, MD 163,839163.8k $22.6m $22.6m 1.99% Reduced -4.0k -4,016
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 159,813159.8k $22.0m $22.0m 0.01% Added +47.7k +47,716
5 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 147,161147.2k $20.3m $20.3m 0.07% Reduced -78.9k -78,887
6 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 122,748122.7k $16.9m $16.9m 0.02% Reduced -23.0k -22,986
7 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 118,446118.4k $16.3m $16.3m 0.00% Reduced -36.8k -36,787
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 115,413115.4k $15.9m $15.9m 0.00% Reduced -9.3k -9,317
9 Composition Wealth, LLC 0.31% of their portfolio LOS ANGELES, CA 112,787112.8k $15.5m $15.5m 0.31% Added +51.7k +51,749
10 Advisory Services Network, LLC 0.26% of their portfolio ATLANTA, GA 97,85197.9k $13.5m $13.5m 0.26% Added +4.1k +4,132
11 Beacon Harbor Wealth Advisors, Inc. 2.78% of their portfolio VIRGINIA BEACH, VA 86,76886.8k $12.0m $12.0m 2.78% New
12 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 81,47581.5k $11.2m $11.2m 0.03% Reduced -32.0k -31,982
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 72,74372.7k $10.0m $10.0m 0.00% Reduced -9.0k -8,973
14 Spectrum Wealth Counsel, LLC 1.18% of their portfolio INDIANAPOLIS, IN 71,53971.5k $9.9m $9.9m 1.18% Added +12.3k +12,307
15 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 68,94268.9k $9.5m $9.5m 0.01% Added +63.9k +63,891
16 Prospera Financial Services Inc 0.21% of their portfolio Dallas, TX 67,00067.0k $9.2m $9.2m 0.21% Added +4.5k +4,482
17 WESPAC Advisors SoCal, LLC 2.37% of their portfolio Pasadena, CA 65,90765.9k $9.1m $9.1m 2.37% Reduced -4.2k -4,196
18 ADAPT WEALTH ADVISORS, LLC 4.17% of their portfolio ATLANTA, GA 62,10462.1k $8.6m $8.6m 4.17% Added +4.7k +4,720
19 GGM Financial LLC 5.79% of their portfolio COLUMBUS, OH 61,56561.6k $8.5m $8.5m 5.79% Reduced -725 -725
20 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 57,46057.5k $7.9m $7.9m 0.00% Reduced -6.7k -6,734
21 Schorn Wealth LLC 2.58% of their portfolio ENGLEWOOD, FL 56,82056.8k $7.8m $7.8m 2.58% Added +3.7k +3,678
22 MinichMacGregor Wealth Management, LLC 1.69% of their portfolio Saratoga Springs, NY 54,78754.8k $7.6m $7.6m 1.69% Reduced -34.8k -34,786
23 CASTLEARK MANAGEMENT LLC 0.26% of their portfolio CHICAGO, IL 54,07054.1k $7.5m $7.5m 0.26% Unchanged
24 Legend Financial Advisors, Inc. 5.23% of their portfolio PITTSBURGH, PA 51,62451.6k $7.1m $7.1m 5.23% Reduced -1.7k -1,706
25 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 50,00050.0k $6.9m $6.9m 0.01% First filing
26 Federation des caisses Desjardins du Quebec 0.03% of their portfolio LEVIS, A8 48,04448.0k $6.6m $6.6m 0.03% New
27 Geneos Wealth Management Inc. 0.09% of their portfolio ENGLEWOOD, CO 42,96843.0k $5.9m $5.9m 0.09% Added +32.9k +32,899
28 Cadent Capital Advisors, LLC 2.01% of their portfolio TULSA, OK 38,34138.3k $5.3m $5.3m 2.01% Reduced -1.1k -1,067
29 Well Done, LLC 0.86% of their portfolio HOLLAND, MI 37,72737.7k $4.8m $4.8m 0.86% Added +1.4k +1,437
30 Jackson Wealth Management, LLC 0.61% of their portfolio LAKE MARY, FL 36,42836.4k $5.0m $5.0m 0.61% New
31 FOUNDERS FINANCIAL SECURITIES LLC 0.40% of their portfolio TOWSON, MD 36,32836.3k $4.8m $4.8m 0.40% Reduced -149 -149
32 HOLLENCREST CAPITAL MANAGEMENT 0.21% of their portfolio NEWPORT BEACH, CA 34,45534.5k $4.7m $4.7m 0.21% Reduced -1.6k -1,577
33 LEE DANNER & BASS INC 0.38% of their portfolio NASHVILLE, TN 33,74533.7k $4.7m $4.7m 0.38% Reduced -750 -750
34 Chicago Wealth Management, Inc. 2.20% of their portfolio CHICAGO, IL 30,41030.4k $4.2m $4.2m 2.20% Reduced -365 -365
35 GTS SECURITIES LLC 0.17% of their portfolio NEW YORK, NY 28,37328.4k $3.9m $3.9m 0.17% New
36 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 28,02628.0k $3.9m $3.9m 0.00% Reduced -80.8k -80,818
37 MARTIN & CO INC /TN/ 0.72% of their portfolio Knoxville, TN 26,99527.0k $3.7m $3.7m 0.72% Added +54 +54
38 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 26,25226.3k $3.6m $3.6m 0.02% Reduced -15.1k -15,055
39 CAPITAL ADVISORY GROUP ADVISORY SERVICES, LLC 1.38% of their portfolio Phoenix, AZ 26,15026.1k $3.6m $3.6m 1.38% Added +808 +808
40 Tepp RIA, LLC 4.81% of their portfolio WESTFIELD, NJ 25,69125.7k $3.5m $3.5m 4.81% Added +22.0k +22,004
41 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 24,55324.6k $3.4m $3.4m 0.02% Added +1.2k +1,233
42 Tudor Financial Inc. 2.02% of their portfolio DAYTON, OH 24,46624.5k $3.4m $3.4m 2.02% Reduced -39 -39
43 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 23,90623.9k $3.3m $3.3m 0.01% Added +7.7k +7,689
44 COTTONWOOD CAPITAL ADVISORS, LLC 2.36% of their portfolio SALT LAKE CITY, UT 23,30523.3k $3.2m $3.2m 2.36% Added +2.4k +2,406
45 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 22,46122.5k $3.1m $3.1m 0.00% Added +19.3k +19,286
46 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 21,88321.9k $3.0m $3.0m 0.01% Reduced -55.3k -55,296
47 Mariner, LLC 0.00% of their portfolio Overland Park, KS 21,62821.6k $3.0m $3.0m 0.00% Reduced -3.5k -3,474
48 RFG Advisory, LLC 0.08% of their portfolio BIRMINGHAM, AL 20,98421.0k $2.9m $2.9m 0.08% Added +4.5k +4,487
49 SP Asset Management LLC 0.24% of their portfolio CUPERTINO, CA 19,48519.5k $2.7m $2.7m 0.24% Reduced -629 -629
50 Stonebridge Financial Planning Group, LLC 1.09% of their portfolio ORLANDO, FL 17,28917.3k $2.4m $2.4m 1.09% Added +688 +688
51 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 16,97217.0k $2.3m $2.3m 0.01% Added +2.3k +2,293
52 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 16,74616.7k $2.3m $2.3m 0.00% Added +14.6k +14,610
53 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 15,97216.0k $2.2m $2.2m 0.02% Reduced -7.2k -7,191
54 Hills Bank & Trust Co 0.14% of their portfolio North Liberty, IA 14,05014.1k $1.9m $1.9m 0.14% Reduced -639 -639
55 VestGen Advisors, LLC 0.09% of their portfolio CHICAGO, IL 13,77613.8k $1.9m $1.9m 0.09% First filing
56 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 13,77513.8k $1.9m $1.9m 0.01% Reduced -2.1k -2,085
57 Eagle Strategies LLC 0.33% of their portfolio NEW YORK, NY 13,59313.6k $1.9m $1.9m 0.33% Added +97 +97
58 GeoWealth Management, LLC 0.07% of their portfolio CHICAGO, IL 12,66012.7k $1.7m $1.7m 0.07% Added +12.7k +12,658
59 GREAT VALLEY ADVISOR GROUP, INC. 0.04% of their portfolio WILMINGTON, DE 12,24612.2k $1.7m $1.7m 0.04% Added +183 +183
60 PFG Advisors 0.09% of their portfolio Phoenix, AZ 11,78311.8k $1.6m $1.6m 0.09% Reduced -388 -388
61 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 11,54011.5k $1.6m $1.6m 0.00% Unchanged
62 Game Plan Financial Advisors, LLC 0.74% of their portfolio WESTLAKE, OH 11,06511.1k $1.5m $1.5m 0.74% Added +1.6k +1,610
63 FIG FINANCIAL ADVISORY SERVICES INC /ADV 0.98% of their portfolio OKLAHOMA CITY, OK 10,06010.1k $1.4m $1.4m 0.98% Reduced -748 -748
64 Fortis Group Advisors, LLC 0.26% of their portfolio WESTWOOD, NJ 9,7979.8k $1.4m $1.4m 0.26% Reduced -9.9k -9,933
65 Smith Anglin Financial, LLC 0.14% of their portfolio DALLAS, TX 9,5459.5k $1.3m $1.3m 0.14% Reduced -970 -970
66 Allworth Financial LP 0.01% of their portfolio FOLSOM, CA 9,4619.5k $1.2m $1.2m 0.01% Reduced -3.3k -3,274
67 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 9,3379.3k $1.3m $1.3m 0.02% Added +556 +556
68 KKM Financial LLC 0.53% of their portfolio CHICAGO, IL 9,0619.1k $1.2m $1.2m 0.53% Reduced -38 -38
69 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 8,2498.2k $1.1m $1.1m 0.01% Added +187 +187
70 Delos Wealth Advisors, LLC 0.84% of their portfolio DALLAS, TX 7,7007.7k $1.1m $1.1m 0.84% Added +28 +28
71 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 7,4237.4k $1.0m $1.0m 0.00% Added +1.6k +1,613
72 LEUTHOLD GROUP, LLC 0.13% of their portfolio MINNEAPOLIS, MN 7,1197.1k $981.1k $981.1k 0.13% Reduced -10.0k -9,981
73 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 7,1107.1k $968.3k $968.3k 0.01% Added +219 +219
74 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 6,4946.5k $894.9k $894.9k 0.01% Reduced -52 -52
75 Genesee Capital Advisors, LLC 0.44% of their portfolio AUBURN, NY 6,3806.4k $879.3k $879.3k 0.44% Reduced -3.2k -3,174
76 Tower Research Capital LLC (TRC) 0.03% of their portfolio NEW YORK, NY 6,2916.3k $867.0k $867.0k 0.03% Added +378 +378
77 IFG Advisory, LLC 0.04% of their portfolio ATLANTA, GA 5,8075.8k $800.2k $800.2k 0.04% Unchanged
78 Apeiron RIA LLC 0.23% of their portfolio Dallas, TX 5,5025.5k $758.2k $758.2k 0.23% Reduced -170 -170
79 Summit Financial, LLC 0.02% of their portfolio PARSIPPANY, NJ 5,2985.3k $730.1k $730.1k 0.02% New
80 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 5,2075.2k $709.1k $709.1k 0.00% Reduced -315 -315
81 KINGSWOOD WEALTH ADVISORS, LLC 0.06% of their portfolio SAN DIEGO, CA 4,8384.8k $666.7k $666.7k 0.06% Added +137 +137
82 MUIRFIELD WEALTH ADVISORS LLC 0.56% of their portfolio CHARLOTTE, NC 4,7714.8k $657.5k $657.5k 0.56% Reduced -2.4k -2,365
83 Perigon Wealth Management, LLC 0.02% of their portfolio SAN FRANCISCO, CA 4,7564.8k $655.4k $655.4k 0.02% Reduced -127 -127
84 SFMG, LLC 0.05% of their portfolio PLANO, TX 4,7054.7k $648.4k $648.4k 0.05% Unchanged
85 Belpointe Asset Management LLC 0.03% of their portfolio RENO, NV 4,6744.7k $644.2k $644.2k 0.03% Added +1.5k +1,514
86 WT Wealth Management 0.20% of their portfolio SCOTTSDALE, AZ 4,4454.4k $612.5k $612.5k 0.20% Reduced -21.9k -21,865
87 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 4,3774.4k $603.2k $603.2k 0.00% Reduced -15 -15
88 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 4,3654.4k $601.5k $601.5k 0.01% Reduced -1.5k -1,502
89 AMJ Financial Wealth Management 0.18% of their portfolio LEESBURG, VA 4,3644.4k $601.4k $601.4k 0.18% New
90 Retirement Planning Co of New England, Inc. 0.30% of their portfolio Warwick, RI 4,3364.3k $597.6k $597.6k 0.30% Added +23 +23
91 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 4,3174.3k $594.9k $594.9k 0.00% Reduced -912 -912
92 Nova Wealth Management, Inc. 0.24% of their portfolio BONITA SPRINGS, FL 4,2464.2k $560.6k $560.6k 0.24% Added +2.1k +2,099
93 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 4,0904.1k $563.6k $563.6k 0.00% Reduced -1.8k -1,805
94 SONATA CAPITAL GROUP INC 0.24% of their portfolio SEATTLE, WA 4,0004.0k $551.0k $551.0k 0.24% Unchanged
95 Ashton Thomas Private Wealth, LLC 0.02% of their portfolio SCOTTSDALE, AZ 3,8323.8k $528.2k $528.2k 0.02% Added +486 +486
96 CARDIFF PARK ADVISORS, LLC 0.05% of their portfolio SAN MARCOS, CA 3,5003.5k $482.3k $482.3k 0.05% Unchanged
97 Winthrop Advisory Group LLC 0.06% of their portfolio BOSTON, MA 3,4523.5k $475.7k $475.7k 0.06% Added +386 +386
98 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 3,4323.4k $473.0k $473.0k 0.01% Reduced -10.4k -10,428
99 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 3,3783.4k $465.5k $465.5k 0.01% Added +16 +16
100 TFB Advisors LLC 0.13% of their portfolio OVERLAND PARK, KS 3,2123.2k $442.7k $442.7k 0.13% Reduced -151 -151