Vault-13

ISHARES TR IHE

U.S. PHARMA ETF · ETP · CUSIP 464288836

142 institutional holders -10 vs Q1 2025
5,089,8885.1m shares reported held*
$333.6mreported value*
13 new 40 added 39 reduced 24 sold out net bought ≈ $13.2m (+201.2k 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 ≈ $65.54.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 114Q4 22: 130Q1 23: 127Q2 23: 121Q3 23: 130Q4 23: 138Q1 24: 142Q2 24: 145Q3 24: 144Q4 24: 156Q1 25: 152Q2 25: 142142Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022114
Q4 2022130
Q1 2023127
Q2 2023121
Q3 2023130
Q4 2023138
Q1 2024142
Q2 2024145
Q3 2024144
Q4 2024156
Q1 2025152
Q2 2025142

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 26 bought or addedQ3 23: 40 cut or sold outQ4 23: 62 bought or addedQ4 23: 41 cut or sold outQ4 23Q1 24: 52 bought or addedQ1 24: 65 cut or sold outQ2 24: 69 bought or addedQ2 24: 50 cut or sold outQ2 24Q3 24: 59 bought or addedQ3 24: 58 cut or sold outQ4 24: 64 bought or addedQ4 24: 48 cut or sold outQ4 24Q1 25: 52 bought or addedQ1 25: 65 cut or sold outQ2 25: 53 bought or addedQ2 25: 63 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232640
Q4 20236241
Q1 20245265
Q2 20246950
Q3 20245958
Q4 20246448
Q1 20255265
Q2 20255363

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $6.6kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $211.7kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$6.6k$00.00
Q1 2025$211.7k$00.00
Q2 2025$0$0—

Biggest buyers

BNP PARIBAS FINANCIAL MARKETS New +200,000+200.0k
ROYAL BANK OF CANADA Added +130,390+130.4k
JPMORGAN CHASE & CO Added +98,352+98.4k
GOLDMAN SACHS GROUP INC Added +33,663+33.7k
GRIMES & Co WEALTH MANAGEMENT, LLC New +22,396+22.4k
AMERIPRISE FINANCIAL INC Added +19,661+19.7k
CITADEL ADVISORS LLC Added +15,921+15.9k
Boothe Investment Group, Inc. New +9,189+9.2k
Advus Financial Partners, LLC New +6,018+6.0k
UBS Group AG Added +4,740+4.7k

Biggest sellers

Fisher Asset Management, LLC Reduced -166,258-166.3k
MORGAN STANLEY Reduced -28,869-28.9k
Clearbridge Investments, LLC Sold out -26,868-26.9k
WELLS FARGO & COMPANY/MN Reduced -20,555-20.6k
BANK OF AMERICA CORP /DE/ Reduced -19,161-19.2k
BROWN ADVISORY INC Reduced -15,635-15.6k
Quadrature Capital Ltd Sold out -11,838-11.8k
Family Firm, Inc. Sold out -9,691-9.7k
GTS SECURITIES LLC Sold out -7,208-7.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -5,517-5.5k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Fisher Asset Management, LLC 0.08% of their portfolio PLANO, TX 2,976,6913.0m $195.1m $195.1m 0.08% Reduced -166.3k -166,258
2 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 232,374232.4k $15.2m $15.2m 0.00% Added +130.4k +130,390
3 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 200,000200.0k $13.1m $13.1m 0.01% New
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 183,115183.1k $12.0m $12.0m 0.00% Reduced -28.9k -28,869
5 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 138,478138.5k $9.1m $9.1m 0.00% Added +33.7k +33,663
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 121,669121.7k $8.0m $8.0m 0.00% Reduced -19.2k -19,161
7 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 117,808117.8k $7.7m $7.7m 0.00% Reduced -2.1k -2,058
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 110,936110.9k $7.3m $7.3m 0.00% Added +98.4k +98,352
9 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 75,43275.4k $4.9m $4.9m 0.01% Reduced -15.6k -15,635
10 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 63,56463.6k $4.2m $4.2m 0.00% Added +2.0k +1,955
11 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 44,47044.5k $2.9m $2.9m 0.00% Reduced -20.6k -20,555
12 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 42,56642.6k $2.8m $2.8m 0.00% Reduced -5.5k -5,517
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 41,40641.4k $2.7m $2.7m 0.00% Added +4.7k +4,740
14 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 38,32138.3k $2.5m $2.5m 0.00% Added +15.9k +15,921
15 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 37,63637.6k $2.5m $2.5m 0.01% Added +1.7k +1,701
16 PEAPACK GLADSTONE FINANCIAL CORP 0.03% of their portfolio BEDMINSTER, NJ 32,83532.8k $2.2m $2.2m 0.03% Reduced -1.3k -1,259
17 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 32,56532.6k $2.1m $2.1m 0.00% Reduced -4.3k -4,279
18 Merit Financial Group, LLC 0.02% of their portfolio ALPHARETTA, GA 31,32331.3k $2.1m $2.1m 0.02% Added +132 +132
19 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 27,74127.7k $1.8m $1.8m 0.00% Reduced -2.0k -1,971
20 Mariner, LLC 0.00% of their portfolio Overland Park, KS 26,46926.5k $1.7m $1.7m 0.00% Reduced -813 -813
21 PATTEN & PATTEN INC/TN 0.11% of their portfolio CHATTANOOGA, TN 26,38326.4k $1.7m $1.7m 0.11% Reduced -270 -270
22 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 23,65823.7k $1.5m $1.5m 0.00% Added +19.7k +19,661
23 GRIMES & Co WEALTH MANAGEMENT, LLC 0.04% of their portfolio WESTBOROUGH, MA 22,39622.4k $1.5m $1.5m 0.04% New
24 CAHILL FINANCIAL ADVISORS INC 0.16% of their portfolio EDINA, MN 20,22020.2k $1.3m $1.3m 0.16% Added +33 +33
25 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 19,98520.0k $1.3m $1.3m 0.01% Added +100 +100
26 One Capital Management, LLC 0.05% of their portfolio WESTLAKE VILLAGE, CA 19,86619.9k $1.3m $1.3m 0.05% Reduced -3.1k -3,077
27 SPINNAKER TRUST 0.07% of their portfolio PORTLAND, ME 18,15418.2k $1.2m $1.2m 0.07% Unchanged
28 Tower Research Capital LLC (TRC) 0.03% of their portfolio NEW YORK, NY 18,11618.1k $1.2m $1.2m 0.03% Added +3.7k +3,728
29 Massachusetts Wealth Management 0.58% of their portfolio NORTH ANDOVER, MA 15,72015.7k $1.0m $1.0m 0.58% Added +325 +325
30 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 14,06614.1k $921.9k $921.9k 0.00% Added +689 +689
31 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 13,22013.2k $866.5k $866.5k 0.00% Added +1.5k +1,505
32 Asset Management Group, Inc. 0.15% of their portfolio STAMFORD, CT 12,76912.8k $836.9k $836.9k 0.15% Added +61 +61
33 Texas Yale Capital Corp. 0.03% of their portfolio ST. PETERSBURG, FL 12,67512.7k $830.7k $830.7k 0.03% Reduced -255 -255
34 FMR LLC 0.00% of their portfolio BOSTON, MA 11,89711.9k $779.8k $779.8k 0.00% Reduced -206 -206
35 Institute for Wealth Management, LLC. 0.08% of their portfolio DENVER, CO 11,19811.2k $733.9k $733.9k 0.08% Reduced -85 -85
36 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 9,8949.9k $649.8k $649.8k 0.00% Added +1.6k +1,629
37 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 9,6009.6k $629.2k $629.2k 0.00% Reduced -509 -509
38 Boothe Investment Group, Inc. 0.23% of their portfolio DOVER, DE 9,1899.2k $602.2k $602.2k 0.23% New
39 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 9,1049.1k $592.6k $592.6k 0.00% Added +252 +252
40 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 8,6338.6k $565.8k $565.8k 0.00% Added +238 +238
41 Capital Investment Advisors, LLC 0.01% of their portfolio ATLANTA, GA 7,1247.1k $466.9k $466.9k 0.01% Added +1.6k +1,588
42 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 7,0637.1k $462.9k $462.9k 0.01% Added +33 +33
43 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 6,8296.8k $448.0k $448.0k 0.00% Reduced -422 -422
44 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 6,7866.8k $444.8k $444.8k 0.01% Unchanged
45 ARKANSAS FINANCIAL GROUP, INC. 0.07% of their portfolio LITTLE ROCK, AR 6,7136.7k $440.0k $440.0k 0.07% Unchanged
46 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 6,6866.7k $438.2k $438.2k 0.00% Reduced -1.1k -1,076
47 U.S. Capital Wealth Advisors, LLC 0.01% of their portfolio AUSTIN, TX 6,6686.7k $437.0k $437.0k 0.01% Added +1.3k +1,296
48 FIRST FINANCIAL BANK - TRUST DIVISION 0.04% of their portfolio HAMILTON, OH 6,3966.4k $419.2k $419.2k 0.04% Unchanged
49 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 6,1276.1k $401.5k $401.5k 0.00% Reduced -202 -202
50 Advus Financial Partners, LLC 0.10% of their portfolio WINTER PARK, FL 6,0186.0k $394.4k $394.4k 0.10% New
51 WOODMONT INVESTMENT COUNSEL LLC 0.02% of their portfolio NASHVILLE, TN 5,5745.6k $365.3k $365.3k 0.02% Unchanged
52 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 4,8984.9k $321.0k $321.0k 0.01% Added +201 +201
53 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 4,8104.8k $315.2k $315.2k 0.00% Reduced -274 -274
54 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 4,7904.8k $313.9k $313.9k 0.00% Reduced -474 -474
55 Raab & Moskowitz Asset Management LLC 0.07% of their portfolio Chatham, NJ 4,6934.7k $307.6k $307.6k 0.07% Reduced -110 -110
56 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 4,6154.6k $302.0k $302.0k 0.00% Added +1.3k +1,328
57 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 4,3754.4k $286.7k $286.7k 0.00% Added +200 +200
58 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 4,3104.3k $282.5k $282.5k 0.00% Reduced -344 -344
59 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 4,1784.2k $274.7k $274.7k 0.00% Reduced -118 -118
60 Northeast Financial Consultants Inc 0.01% of their portfolio WESTPORT, CT 4,1404.1k $271.3k $271.3k 0.01% Unchanged
61 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 4,0554.1k $265.8k $265.8k 0.01% Reduced -510 -510
62 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 3,9674.0k $264.1k $264.1k 0.00% New
63 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 3,9103.9k $256.3k $256.3k 0.00% Unchanged
64 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 3,8653.9k $253.3k $253.3k 0.00% Reduced -121 -121
65 Sunbelt Securities, Inc. 0.02% of their portfolio HOUSTON, TX 3,7023.7k $243.3k $243.3k 0.02% New
66 Matthew Goff Investment Advisor, LLC 0.04% of their portfolio HOUSTON, TX 3,6153.6k $236.9k $236.9k 0.04% Unchanged
67 Apexium Financial, LP 0.01% of their portfolio Dallas, TX 3,4843.5k $228.4k $228.4k 0.01% Added +7 +7
68 AFT, FORSYTH & COMPANY, INC. 0.12% of their portfolio JUPITER, FL 3,4403.4k $225.5k $225.5k 0.12% Added +10 +10
69 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 3,4333.4k $225.0k $225.0k 0.00% Unchanged
70 Private Capital Management, LLC 0.02% of their portfolio NAPLES, FL 3,4253.4k $224.5k $224.5k 0.02% Unchanged
71 CARY STREET PARTNERS FINANCIAL LLC 0.01% of their portfolio RICHMOND, VA 3,3273.3k $218.1k $218.1k 0.01% Unchanged
72 Essex Bank 0.05% of their portfolio Essex, CT 3,3003.3k $216.3k $216.3k 0.05% Unchanged
73 V2 Financial group LLC 0.13% of their portfolio NAPERVILLE, IL 3,3003.3k $216.3k $216.3k 0.13% Unchanged
74 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 3,1173.1k $204.3k $204.3k 0.00% Added +18 +18
75 KINGSWOOD WEALTH ADVISORS, LLC 0.02% of their portfolio SAN DIEGO, CA 3,1003.1k $203.2k $203.2k 0.02% New
76 SPC Financial, Inc. 0.02% of their portfolio ROCKVILLE, MD 3,0903.1k $202.5k $202.5k 0.02% Unchanged
77 Manchester Capital Management LLC 0.03% of their portfolio MANCHESTER, VT 3,0003.0k $196.6k $196.6k 0.03% Unchanged
78 Y.D. More Investments Ltd 0.01% of their portfolio Ramat Gan, L3 2,7002.7k $177.0k $177.0k 0.01% Unchanged
79 Ameritas Advisory Services, LLC 0.01% of their portfolio Lincoln, NE 2,5742.6k $168.7k $168.7k 0.01% New
80 BROWN, LISLE/CUMMINGS, INC. 0.04% of their portfolio PROVIDENCE, RI 2,3762.4k $155.7k $155.7k 0.04% Added +129 +129
81 COMERICA BANK 0.00% of their portfolio DALLAS, TX 2,1222.1k $139.1k $139.1k 0.00% Reduced -238 -238
82 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,8991.9k $124.5k $124.5k 0.00% Reduced -343 -343
83 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,5381.5k $100.8k $100.8k 0.00% Added +108 +108
84 Bruce G. Allen Investments, LLC 0.07% of their portfolio DENVER, CO 1,4041.4k $92.0k $92.0k 0.07% Added +7 +7
85 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,2811.3k $84.0k $84.0k 0.00% Unchanged
86 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 1,2121.2k $79.4k $79.4k 0.00% Reduced -951 -951
87 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 1,1671.2k $76.5k $76.5k 0.00% Reduced -94 -94
88 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 932932 $61.0k $61.0k 0.00% Unchanged
89 VALLEY WEALTH MANAGERS, INC. 0.00% of their portfolio PARAMUS, NJ 900900 $59.0k $59.0k 0.00% Unchanged
90 Realta Investment Advisors 0.02% of their portfolio WILMINGTON, DE 900900 $59.0k $59.0k 0.02% Unchanged
91 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 860860 $56.4k $56.4k 0.00% Added +1 +1
92 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 798798 $52.3k $52.3k 0.00% Reduced -798 -798
93 Jackson Hole Capital Partners, LLC 0.01% of their portfolio TULSA, OK 750750 $49.2k $49.2k 0.01% Unchanged
94 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 704704 $46.2k $46.2k 0.00% Reduced -240 -240
95 Union Bancaire Privee, UBP SA 0.00% of their portfolio GENEVA 1, V8 660660 $36.9k $36.9k 0.00% Unchanged
96 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 645645 $42.7k $42.7k 0.00% Unchanged
97 ISLAY CAPITAL MANAGEMENT, LLC 0.03% of their portfolio Lubbock, TX 630630 $41.3k $41.3k 0.03% Unchanged
98 TRUST CO OF VERMONT 0.00% of their portfolio BRATTLEBORO, VT 609609 $39.9k $39.9k 0.00% Unchanged
99 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 499499 $32.7k $32.7k 0.00% Added +61 +61
100 Piscataqua Savings Bank 0.03% of their portfolio PORTSMOUTH, NH 498498 $32.6k $32.6k 0.03% Unchanged