Vault-13

ISHARES TR IAK

U.S. INSRNCE ETF · ETP · CUSIP 464288786

177 institutional holders +9 vs Q1 2025
4,040,9604.0m shares reported held*
$542.5mreported value*
30 new 68 added 50 reduced 24 sold out net bought ≈ $42.3m (+314.4k 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 ≈ $134.26.

Trends to Q2 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: 168Q2 25: 177177Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025177

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 32 bought or addedQ3 23: 49 cut or sold outQ4 23: 59 bought or addedQ4 23: 40 cut or sold outQ4 23Q1 24: 65 bought or addedQ1 24: 45 cut or sold outQ2 24: 81 bought or addedQ2 24: 41 cut or sold outQ2 24Q3 24: 86 bought or addedQ3 24: 57 cut or sold outQ4 24: 79 bought or addedQ4 24: 73 cut or sold outQ4 24Q1 25: 76 bought or addedQ1 25: 77 cut or sold outQ2 25: 98 bought or addedQ2 25: 74 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20233249
Q4 20235940
Q1 20246545
Q2 20248141
Q3 20248657
Q4 20247973
Q1 20257677
Q2 20259874

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ3 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 1.00Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$531.2k$215.0k0.40
Q1 2025$275.6k$275.6k1.00
Q2 2025$0$0—

Biggest buyers

ROYAL BANK OF CANADA Added +145,964+146.0k
Composition Wealth, LLC Added +106,139+106.1k
TWO SIGMA INVESTMENTS, LP New +85,600+85.6k
MML INVESTORS SERVICES, LLC Added +71,783+71.8k
OSAIC HOLDINGS, INC. Added +47,763+47.8k
RAYMOND JAMES FINANCIAL INC Added +36,786+36.8k
Focus Partners Wealth New +31,776+31.8k
JMAC ENTERPRISES LLC New +31,547+31.5k
PETERSON WEALTH MANAGEMENT New +25,478+25.5k
LPL Financial LLC Added +25,342+25.3k

Biggest sellers

Beacon Harbor Wealth Advisors, Inc. Sold out -86,768-86.8k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -59,696-59.7k
BNP PARIBAS FINANCIAL MARKETS Sold out -50,000-50.0k
MORGAN STANLEY Reduced -42,666-42.7k
Jackson Wealth Management, LLC Sold out -36,428-36.4k
HOLLENCREST CAPITAL MANAGEMENT Sold out -34,455-34.5k
Geneos Wealth Management Inc. Reduced -33,139-33.1k
WELLS FARGO & COMPANY/MN Reduced -32,045-32.0k
Private Advisor Group, LLC Reduced -21,791-21.8k
CITADEL ADVISORS LLC Reduced -18,745-18.7k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 309,794309.8k $41.7m $41.7m 0.00% Reduced -42.7k -42,666
2 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 264,410264.4k $35.6m $35.6m 0.00% Added +146.0k +145,964
3 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 227,411227.4k $30.6m $30.6m 0.01% Reduced -32.0k -32,045
4 MML INVESTORS SERVICES, LLC 0.08% of their portfolio SPRINGFIELD, MA 218,944218.9k $29.4m $29.4m 0.08% Added +71.8k +71,783
5 Composition Wealth, LLC 0.49% of their portfolio LOS ANGELES, CA 218,926218.9k $29.4m $29.4m 0.49% Added +106.1k +106,139
6 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 185,155185.2k $24.9m $24.9m 0.01% Added +25.3k +25,342
7 SPC Financial, Inc. 1.77% of their portfolio ROCKVILLE, MD 157,319157.3k $21.2m $21.2m 1.77% Reduced -6.5k -6,520
8 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 143,014143.0k $19.2m $19.2m 0.02% Added +20.3k +20,266
9 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 129,238129.2k $17.4m $17.4m 0.03% Added +47.8k +47,763
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 123,116123.1k $16.6m $16.6m 0.00% Added +7.7k +7,703
11 Advisory Services Network, LLC 0.22% of their portfolio ATLANTA, GA 106,596106.6k $13.6m $13.6m 0.22% Added +8.7k +8,745
12 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 94,24694.2k $12.7m $12.7m 0.00% Added +36.8k +36,786
13 WESPAC Advisors SoCal, LLC 2.69% of their portfolio Pasadena, CA 89,59289.6k $12.0m $12.0m 2.69% Added +23.7k +23,685
14 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 85,60085.6k $11.5m $11.5m 0.02% New
15 Prospera Financial Services Inc 0.18% of their portfolio Dallas, TX 71,91071.9k $9.7m $9.7m 0.18% Added +4.9k +4,910
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 70,84570.8k $9.5m $9.5m 0.00% Reduced -1.9k -1,898
17 MinichMacGregor Wealth Management, LLC 1.99% of their portfolio Saratoga Springs, NY 69,14269.1k $9.3m $9.3m 1.99% Added +14.4k +14,355
18 ADAPT WEALTH ADVISORS, LLC 3.86% of their portfolio ATLANTA, GA 64,16564.2k $8.6m $8.6m 3.86% Added +2.1k +2,061
19 GGM Financial LLC 4.96% of their portfolio COLUMBUS, OH 63,56363.6k $8.5m $8.5m 4.96% Added +2.0k +1,998
20 CASTLEARK MANAGEMENT LLC 0.22% of their portfolio CHICAGO, IL 54,07054.1k $7.3m $7.3m 0.22% Unchanged
21 Schorn Wealth LLC 2.34% of their portfolio ENGLEWOOD, FL 52,71852.7k $7.1m $7.1m 2.34% Reduced -4.1k -4,102
22 Legend Financial Advisors, Inc. 4.55% of their portfolio PITTSBURGH, PA 50,87950.9k $6.8m $6.8m 4.55% Reduced -745 -745
23 Federation des caisses Desjardins du Quebec 0.03% of their portfolio LEVIS, A8 48,55048.5k $6.5m $6.5m 0.03% Added +506 +506
24 Well Done, LLC 1.06% of their portfolio HOLLAND, MI 41,99042.0k $5.6m $5.6m 1.06% Added +4.3k +4,263
25 Cadent Capital Advisors, LLC 1.70% of their portfolio TULSA, OK 38,58238.6k $5.2m $5.2m 1.70% Added +241 +241
26 LEE DANNER & BASS INC 0.40% of their portfolio NASHVILLE, TN 38,33838.3k $5.2m $5.2m 0.40% Added +4.6k +4,593
27 FOUNDERS FINANCIAL SECURITIES LLC 0.37% of their portfolio TOWSON, MD 36,44436.4k $4.9m $4.9m 0.37% Added +116 +116
28 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 33,84733.8k $4.6m $4.6m 0.00% Added +5.8k +5,821
29 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 31,77631.8k $4.3m $4.3m 0.01% New
30 JMAC ENTERPRISES LLC 0.91% of their portfolio NEWTOWN, PA 31,54731.5k $4.2m $4.2m 0.91% New
31 MARTIN & CO INC /TN/ 0.67% of their portfolio Knoxville, TN 27,07927.1k $3.6m $3.6m 0.67% Added +84 +84
32 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 26,78326.8k $3.6m $3.6m 0.02% Added +2.2k +2,230
33 CAPITAL ADVISORY GROUP ADVISORY SERVICES, LLC 1.28% of their portfolio Phoenix, AZ 26,40626.4k $3.6m $3.6m 1.28% Added +256 +256
34 RFG Advisory, LLC 0.08% of their portfolio BIRMINGHAM, AL 26,35426.4k $3.5m $3.5m 0.08% Added +5.4k +5,370
35 PETERSON WEALTH MANAGEMENT 2.03% of their portfolio SPARKS, NV 25,47825.5k $3.4m $3.4m 2.03% New
36 GTS SECURITIES LLC 0.15% of their portfolio NEW YORK, NY 25,04025.0k $3.4m $3.4m 0.15% Reduced -3.3k -3,333
37 Tudor Financial Inc. 1.81% of their portfolio DAYTON, OH 23,75923.8k $3.2m $3.2m 1.81% Reduced -707 -707
38 COTTONWOOD CAPITAL ADVISORS, LLC 2.13% of their portfolio SALT LAKE CITY, UT 23,53723.5k $3.2m $3.2m 2.13% Added +232 +232
39 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 23,17523.2k $3.1m $3.1m 0.01% Added +1.3k +1,292
40 Mariner, LLC 0.00% of their portfolio Overland Park, KS 22,36222.4k $3.0m $3.0m 0.00% Added +734 +734
41 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 22,04922.0k $3.0m $3.0m 0.01% Added +8.3k +8,274
42 Game Plan Financial Advisors, LLC 1.15% of their portfolio WESTLAKE, OH 19,65519.7k $2.6m $2.6m 1.15% Added +8.6k +8,590
43 SP Asset Management LLC 0.22% of their portfolio CUPERTINO, CA 19,50519.5k $2.6m $2.6m 0.22% Added +20 +20
44 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 18,06718.1k $2.4m $2.4m 0.01% Added +1.1k +1,095
45 Stonebridge Financial Planning Group, LLC 0.97% of their portfolio ORLANDO, FL 17,19117.2k $2.3m $2.3m 0.97% Reduced -98 -98
46 VestGen Advisors, LLC 0.08% of their portfolio CHICAGO, IL 15,64815.6k $2.1m $2.1m 0.08% Added +1.9k +1,872
47 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 15,47715.5k $2.1m $2.1m 0.02% Reduced -495 -495
48 Tepp RIA, LLC 2.65% of their portfolio WESTFIELD, NJ 15,27215.3k $2.1m $2.1m 2.65% Reduced -10.4k -10,419
49 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 15,22415.2k $2.0m $2.0m 0.00% Reduced -8.7k -8,682
50 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 14,85414.9k $2.0m $2.0m 0.00% Reduced -1.9k -1,892
51 Chicago Wealth Management, Inc. 0.92% of their portfolio CHICAGO, IL 14,34514.3k $1.9m $1.9m 0.92% Reduced -16.1k -16,065
52 Eagle Strategies LLC 0.29% of their portfolio NEW YORK, NY 13,97214.0k $1.9m $1.9m 0.29% Added +379 +379
53 Hills Bank & Trust Co 0.12% of their portfolio North Liberty, IA 13,69413.7k $1.8m $1.8m 0.12% Reduced -356 -356
54 J.W. COLE ADVISORS, INC. 0.04% of their portfolio TAMPA, FL 12,81612.8k $1.7m $1.7m 0.04% New
55 GREAT VALLEY ADVISOR GROUP, INC. 0.04% of their portfolio WILMINGTON, DE 12,39812.4k $1.7m $1.7m 0.04% Added +152 +152
56 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 11,75511.8k $1.6m $1.6m 0.00% Added +215 +215
57 Outlook Wealth Advisors, LLC 0.40% of their portfolio SHENANDOAH, TX 11,67911.7k $1.6m $1.6m 0.40% New
58 Genesee Capital Advisors, LLC 0.64% of their portfolio AUBURN, NY 10,56810.6k $1.4m $1.4m 0.64% Added +4.2k +4,188
59 FIG FINANCIAL ADVISORY SERVICES INC /ADV 0.92% of their portfolio OKLAHOMA CITY, OK 10,22310.2k $1.4m $1.4m 0.92% Added +163 +163
60 Geneos Wealth Management Inc. 0.03% of their portfolio ENGLEWOOD, CO 9,8299.8k $1.3m $1.3m 0.03% Reduced -33.1k -33,139
61 LEE JOHNSON CAPITAL MANAGEMENT, LLC 0.45% of their portfolio FORT WORTH, TX 9,7799.8k $1.3m $1.3m 0.45% New
62 Tower Research Capital LLC (TRC) 0.04% of their portfolio NEW YORK, NY 9,6549.7k $1.3m $1.3m 0.04% Added +3.4k +3,363
63 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 9,3509.3k $1.3m $1.3m 0.02% Added +13 +13
64 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 9,2469.2k $1.2m $1.2m 0.00% Reduced -59.7k -59,696
65 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 9,0659.1k $1.2m $1.2m 0.00% Added +5.9k +5,894
66 KKM Financial LLC 0.42% of their portfolio CHICAGO, IL 9,0619.1k $1.2m $1.2m 0.42% Unchanged
67 Perigon Wealth Management, LLC 0.03% of their portfolio SAN FRANCISCO, CA 8,9759.0k $1.2m $1.2m 0.03% Added +4.2k +4,219
68 Smith Anglin Financial, LLC 0.11% of their portfolio DALLAS, TX 8,8628.9k $1.2m $1.2m 0.11% Reduced -683 -683
69 Allworth Financial LP 0.01% of their portfolio FOLSOM, CA 8,0698.1k $1.1m $1.1m 0.01% Reduced -1.4k -1,392
70 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 7,8277.8k $1.1m $1.1m 0.01% Reduced -422 -422
71 Financial Management Professionals, Inc. 0.12% of their portfolio AUSTIN, TX 7,6747.7k $1.0m $1.0m 0.12% New
72 Bramshill Investments, LLC 0.11% of their portfolio NAPLES, FL 7,5007.5k $1.0m $1.0m 0.11% New
73 LEUTHOLD GROUP, LLC 0.12% of their portfolio MINNEAPOLIS, MN 7,3087.3k $982.6k $982.6k 0.12% Added +189 +189
74 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 7,0277.0k $933.8k $933.8k 0.00% Added +1.8k +1,820
75 Delos Wealth Advisors, LLC 0.73% of their portfolio DALLAS, TX 6,9997.0k $941.1k $941.1k 0.73% Reduced -701 -701
76 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 6,6086.6k $888.6k $888.6k 0.01% Reduced -502 -502
77 Fulcrum Equity Management 0.88% of their portfolio PLANO, TX 6,3516.4k $853.9k $853.9k 0.88% New
78 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 6,0506.0k $813.5k $813.5k 0.00% Reduced -1.4k -1,373
79 Fortis Group Advisors, LLC 0.14% of their portfolio WESTWOOD, NJ 5,9626.0k $759.9k $759.9k 0.14% Reduced -3.8k -3,835
80 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 5,6155.6k $755.0k $755.0k 0.01% Added +1.2k +1,250
81 IFG Advisory, LLC 0.04% of their portfolio ATLANTA, GA 5,5965.6k $752.4k $752.4k 0.04% Reduced -211 -211
82 Apeiron RIA LLC 0.19% of their portfolio Dallas, TX 5,4465.4k $732.3k $732.3k 0.19% Reduced -56 -56
83 Elevate Capital Advisors, LLC 0.55% of their portfolio EAGLE, CO 5,1255.1k $689.1k $689.1k 0.55% New
84 Belpointe Asset Management LLC 0.03% of their portfolio RENO, NV 5,0415.0k $677.8k $677.8k 0.03% Added +367 +367
85 FLOW TRADERS U.S. LLC 0.02% of their portfolio NEW YORK, NY 4,9915.0k $671.0k $671.0k 0.02% New
86 KINGSWOOD WEALTH ADVISORS, LLC 0.05% of their portfolio SAN DIEGO, CA 4,9885.0k $670.7k $670.7k 0.05% Added +150 +150
87 SFMG, LLC 0.05% of their portfolio PLANO, TX 4,7054.7k $632.6k $632.6k 0.05% Unchanged
88 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 4,6154.6k $620.5k $620.5k 0.00% Added +525 +525
89 Efficient Advisors, LLC 0.04% of their portfolio BEAVERTON, OR 4,5044.5k $605.6k $605.6k 0.04% New
90 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 4,4614.5k $599.9k $599.9k 0.00% Reduced -21.8k -21,791
91 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 4,3984.4k $591.3k $591.3k 0.00% Added +81 +81
92 MUIRFIELD WEALTH ADVISORS LLC 0.47% of their portfolio CHARLOTTE, NC 4,3764.4k $588.4k $588.4k 0.47% Reduced -395 -395
93 Retirement Planning Co of New England, Inc. 0.26% of their portfolio Warwick, RI 4,3034.3k $578.6k $578.6k 0.26% Reduced -33 -33
94 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 4,2274.2k $568.4k $568.4k 0.00% Reduced -150 -150
95 CoreCap Advisors, LLC 0.02% of their portfolio SOUTHFIELD, MI 4,1854.2k $562.7k $562.7k 0.02% New
96 Arkadios Wealth Advisors 0.02% of their portfolio ATLANTA, GA 4,1794.2k $561.9k $561.9k 0.02% New
97 WT Wealth Management 0.17% of their portfolio SCOTTSDALE, AZ 4,1584.2k $559.1k $559.1k 0.17% Reduced -287 -287
98 GeoWealth Management, LLC 0.02% of their portfolio CHICAGO, IL 3,9093.9k $525.6k $525.6k 0.02% Reduced -8.8k -8,751
99 SONATA CAPITAL GROUP INC 0.20% of their portfolio SEATTLE, WA 3,8003.8k $511.0k $511.0k 0.20% Reduced -200 -200
100 Winthrop Advisory Group LLC 0.05% of their portfolio BOSTON, MA 3,7223.7k $500.4k $500.4k 0.05% Added +270 +270