Vault-13

ISHARES TR IHE

U.S. PHARMA ETF · ETP · CUSIP 464288836

196 institutional holders +17 vs Q4 2025
7,611,3067.6m shares reported held*
$659.3mreported value*
33 new 64 added 38 reduced 13 sold out net bought ≈ $97.2m (+1.1m 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 ($30.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $86.62.

Trends to Q1 2026

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: 142Q3 25: 151Q4 25: 179Q1 26: 196196Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025151
Q4 2025179
Q1 2026196

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 69 bought or addedQ2 24: 50 cut or sold outQ3 24: 59 bought or addedQ3 24: 58 cut or sold outQ3 24Q4 24: 64 bought or addedQ4 24: 48 cut or sold outQ1 25: 52 bought or addedQ1 25: 65 cut or sold outQ1 25Q2 25: 53 bought or addedQ2 25: 63 cut or sold outQ3 25: 50 bought or addedQ3 25: 52 cut or sold outQ3 25Q4 25: 97 bought or addedQ4 25: 41 cut or sold outQ1 26: 97 bought or addedQ1 26: 51 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20246950
Q3 20245958
Q4 20246448
Q1 20255265
Q2 20255363
Q3 20255052
Q4 20259741
Q1 20269751

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $296.8kQ3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$0$0—
Q3 2025$0$296.8k—
Q4 2025$0$0—
Q1 2026$0$0—

Biggest buyers

Aptus Capital Advisors, LLC Added +286,455+286.5k
McElhenny Sheffield Capital Management, LLC New +202,612+202.6k
JPMORGAN CHASE & CO Added +162,941+162.9k
Insight Wealth Strategies, LLC New +118,692+118.7k
Cetera Investment Advisers Added +95,353+95.4k
Virtue Capital Management, LLC New +76,344+76.3k
Cadent Capital Advisors, LLC New +61,616+61.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +57,691+57.7k
Concurrent Investment Advisors, LLC Added +54,326+54.3k
Foundations Investment Advisors, LLC Added +46,657+46.7k

Biggest sellers

Accurate Wealth Management, LLC Sold out -75,126-75.1k
Fisher Asset Management, LLC Reduced -58,285-58.3k
BNP PARIBAS FINANCIAL MARKETS Reduced -49,727-49.7k
ROYAL BANK OF CANADA Reduced -40,680-40.7k
Banque Cantonale Vaudoise Sold out -24,500-24.5k
VestGen Advisors, LLC Sold out -23,549-23.5k
GRIMES & Co WEALTH MANAGEMENT, LLC Reduced -17,875-17.9k
BANK OF MONTREAL /CAN/ Reduced -14,632-14.6k
MARSHALL WACE, LLP Sold out -14,338-14.3k
CHILDRESS CAPITAL ADVISORS, LLC Sold out -12,000-12.0k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Fisher Asset Management, LLC 0.08% of their portfolio PLANO, TX 2,767,3592.8m $239.9m $239.9m 0.08% Reduced -58.3k -58,285
2 Foundations Investment Advisors, LLC 0.74% of their portfolio PHOENIX, AZ 689,274689.3k $59.7m $59.7m 0.74% Added +46.7k +46,657
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 480,268480.3k $41.6m $41.6m 0.00% Added +7.7k +7,687
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 456,606456.6k $39.6m $39.6m 0.00% Added +12.6k +12,565
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 375,746375.7k $31.6m $31.6m 0.00% Added +162.9k +162,941
6 Aptus Capital Advisors, LLC 0.21% of their portfolio FAIRHOPE, AL 286,543286.5k $24.8m $24.8m 0.21% Added +286.5k +286,455
7 McElhenny Sheffield Capital Management, LLC 4.35% of their portfolio DALLAS, TX 202,612202.6k $17.6m $17.6m 4.35% New
8 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 170,188170.2k $14.8m $14.8m 0.00% Added +32.4k +32,441
9 Anfield Capital Management, LLC 3.09% of their portfolio IRVINE, CA 129,577129.6k $11.2m $11.2m 3.09% Added +11.6k +11,612
10 Insight Wealth Strategies, LLC 1.15% of their portfolio SAN RAMON, CA 118,692118.7k $10.3m $10.3m 1.15% New
11 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 116,293116.3k $10.1m $10.1m 0.00% Reduced -40.7k -40,680
12 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 109,471109.5k $9.5m $9.5m 0.01% Added +95.4k +95,353
13 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 1.36% of their portfolio LEAWOOD, KS 93,11293.1k $8.1m $8.1m 1.36% Added +39.7k +39,725
14 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 79,90879.9k $6.9m $6.9m 0.00% Reduced -3.0k -2,970
15 Virtue Capital Management, LLC 0.98% of their portfolio BRENTWOOD, TN 76,34476.3k $6.4m $6.4m 0.98% New
16 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 75,43275.4k $6.5m $6.5m 0.01% Unchanged
17 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 69,93269.9k $6.1m $6.1m 0.00% Added +19.0k +19,025
18 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 66,73866.7k $5.8m $5.8m 0.00% Added +10.7k +10,673
19 Cadent Capital Advisors, LLC 1.41% of their portfolio TULSA, OK 61,61661.6k $5.3m $5.3m 1.41% New
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 60,40160.4k $5.2m $5.2m 0.01% Added +57.7k +57,691
21 Concurrent Investment Advisors, LLC 0.05% of their portfolio Tampa, FL 57,18857.2k $5.0m $5.0m 0.05% Added +54.3k +54,326
22 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 53,28953.3k $4.6m $4.6m 0.00% Reduced -49.7k -49,727
23 Concord Investment Counsel Inc. 1.43% of their portfolio IRVINE, CA 49,15849.2k $4.3m $4.3m 1.43% Reduced -864 -864
24 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 46,84246.8k $4.1m $4.1m 0.00% Added +21.3k +21,289
25 AdvisorNet Financial, Inc 0.18% of their portfolio MINNETONKA, MN 40,99341.0k $3.6m $3.6m 0.18% Added +983 +983
26 UBS Group AG 0.00% of their portfolio ZURICH, V8 39,68039.7k $3.4m $3.4m 0.00% Added +870 +870
27 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 37,48237.5k $3.2m $3.2m 0.00% Reduced -5.2k -5,190
28 Beacon Pointe Advisors, LLC 0.02% of their portfolio NEWPORT BEACH, CA 36,66636.7k $3.2m $3.2m 0.02% Added +10.0k +10,045
29 Merit Financial Group, LLC 0.02% of their portfolio ALPHARETTA, GA 31,32331.3k $2.7m $2.7m 0.02% Unchanged
30 PEAPACK GLADSTONE FINANCIAL CORP 0.03% of their portfolio BEDMINSTER, NJ 31,15931.2k $2.7m $2.7m 0.03% Reduced -304 -304
31 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 26,70426.7k $2.3m $2.3m 0.00% Added +189 +189
32 PATTEN & PATTEN INC/TN 0.14% of their portfolio CHATTANOOGA, TN 26,54026.5k $2.3m $2.3m 0.14% Reduced -215 -215
33 Mariner, LLC 0.00% of their portfolio Overland Park, KS 24,92224.9k $2.2m $2.2m 0.00% Reduced -445 -445
34 CAHILL FINANCIAL ADVISORS INC 0.19% of their portfolio EDINA, MN 20,33620.3k $1.8m $1.8m 0.19% Added +27 +27
35 FMR LLC 0.00% of their portfolio BOSTON, MA 19,81419.8k $1.7m $1.7m 0.00% Added +5.0k +5,022
36 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 18,81618.8k $1.6m $1.6m 0.01% Reduced -1.3k -1,332
37 LEE JOHNSON CAPITAL MANAGEMENT, LLC 0.57% of their portfolio FORT WORTH, TX 18,49318.5k $1.6m $1.6m 0.57% New
38 CX Institutional 0.04% of their portfolio AUBURN, IN 16,25216.3k $1.4m $1.4m 0.04% Added +14.1k +14,142
39 SPINNAKER TRUST 0.08% of their portfolio PORTLAND, ME 15,84915.8k $1.4m $1.4m 0.08% Unchanged
40 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 15,54815.5k $1.3m $1.3m 0.00% Added +855 +855
41 Massachusetts Wealth Management 0.56% of their portfolio NORTH ANDOVER, MA 14,82014.8k $1.3m $1.3m 0.56% Reduced -410 -410
42 St. Louis Financial Planners Asset Management, LLC 0.68% of their portfolio CHESTERFIELD, MO 13,80413.8k $1.2m $1.2m 0.68% New
43 One Capital Management, LLC 0.03% of their portfolio WESTLAKE VILLAGE, CA 13,20513.2k $1.1m $1.1m 0.03% Reduced -2.0k -2,047
44 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 13,12613.1k $1.1m $1.1m 0.00% Reduced -8.3k -8,265
45 Asset Management Group, Inc. 0.18% of their portfolio STAMFORD, CT 12,95713.0k $1.1m $1.1m 0.18% Added +44 +44
46 Avior Wealth Management, LLC 0.03% of their portfolio OMAHA, NE 12,85612.9k $1.1m $1.1m 0.03% New
47 Texas Yale Capital Corp. 0.03% of their portfolio ST. PETERSBURG, FL 12,22512.2k $1.1m $1.1m 0.03% Unchanged
48 Institute for Wealth Management, LLC. 0.10% of their portfolio DENVER, CO 11,24411.2k $974.6k $974.6k 0.10% Reduced -29 -29
49 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 9,6469.6k $836.1k $836.1k 0.00% Added +566 +566
50 SeaBridge Investment Advisors LLC 0.14% of their portfolio SUMMIT, NJ 9,3679.4k $811.9k $811.9k 0.14% New
51 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 9,0209.0k $781.8k $781.8k 0.00% Added +407 +407
52 ARKANSAS FINANCIAL GROUP, INC. 0.11% of their portfolio LITTLE ROCK, AR 9,0119.0k $791.1k $791.1k 0.11% Added +1.9k +1,876
53 GFS Advisors, LLC 0.10% of their portfolio HOUSTON, TX 9,0009.0k $1.5m $1.5m 0.10% New
54 Raleigh Capital Management Inc. 0.26% of their portfolio CARY, NC 8,6598.7k $750.5k $750.5k 0.26% Added +8.7k +8,658
55 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 8,6138.6k $746.6k $746.6k 0.00% Added +146 +146
56 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 7,9217.9k $686.6k $686.6k 0.00% Added +1.3k +1,316
57 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 7,8417.8k $679.7k $679.7k 0.00% Reduced -14.6k -14,632
58 WorthPointe, LLC 0.18% of their portfolio La Jolla, CA 7,6837.7k $666.0k $666.0k 0.18% New
59 U.S. Capital Wealth Advisors, LLC 0.02% of their portfolio AUSTIN, TX 7,1567.2k $620.3k $620.3k 0.02% Reduced -452 -452
60 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 7,1037.1k $615.7k $615.7k 0.01% Added +5.3k +5,304
61 Lynx Investment Advisory 0.28% of their portfolio WASHINGTON, DC, DC 6,8676.9k $595.3k $595.3k 0.28% Added +1.6k +1,623
62 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 6,8656.9k $595.0k $595.0k 0.00% Reduced -3.5k -3,536
63 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 6,8446.8k $593.2k $593.2k 0.00% Added +258 +258
64 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 6,7866.8k $588.2k $588.2k 0.01% Unchanged
65 Summit Global Investments 0.03% of their portfolio BOUNTIFUL, UT 6,7296.7k $583.0k $583.0k 0.03% New
66 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 6,5606.6k $568.6k $568.6k 0.00% Added +5.4k +5,393
67 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 6,5196.5k $565.0k $565.0k 0.00% Added +3.7k +3,654
68 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 6,4896.5k $562.5k $562.5k 0.00% Reduced -6.5k -6,523
69 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 6,4156.4k $556.1k $556.1k 0.00% Unchanged
70 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 6,3036.3k $546.3k $546.3k 0.00% Added +571 +571
71 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 6,2466.2k $543.5k $543.5k 0.00% Added +1.6k +1,550
72 HERITAGE OAK WEALTH ADVISORS LLC 0.17% of their portfolio SANTA ROSA BEACH, FL 6,1176.1k $530.2k $530.2k 0.17% New
73 Purewater Capital LLC 0.50% of their portfolio FORT WORTH, TX 6,0726.1k $526.3k $526.3k 0.50% First filing
74 Baker Avenue Asset Management, LP 0.01% of their portfolio SAN FRANCISCO, CA 5,8945.9k $510.9k $510.9k 0.01% New
75 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 5,7805.8k $501.0k $501.0k 0.00% Added +845 +845
76 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 5,6525.7k $489.9k $489.9k 0.00% Reduced -2.6k -2,556
77 WOODMONT INVESTMENT COUNSEL LLC 0.03% of their portfolio NASHVILLE, TN 5,5745.6k $483.2k $483.2k 0.03% Unchanged
78 Capital Investment Advisors, LLC 0.01% of their portfolio ATLANTA, GA 5,5255.5k $478.9k $478.9k 0.01% Reduced -77 -77
79 American Institute for Advanced Investment Management, LLP 0.30% of their portfolio Scottsdale, AZ 5,3515.4k $463.8k $463.8k 0.30% New
80 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 5,3235.3k $461.4k $461.4k 0.00% Added +410 +410
81 FIRST FINANCIAL BANK - TRUST DIVISION 0.04% of their portfolio HAMILTON, OH 5,0695.1k $439.4k $439.4k 0.04% Reduced -1.3k -1,327
82 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 4,9725.0k $430.9k $430.9k 0.01% Reduced -154 -154
83 GRIMES & Co WEALTH MANAGEMENT, LLC 0.01% of their portfolio WESTBOROUGH, MA 4,5544.6k $394.8k $394.8k 0.01% Reduced -17.9k -17,875
84 KINGSWOOD WEALTH ADVISORS, LLC 0.02% of their portfolio SAN DIEGO, CA 4,3984.4k $381.2k $381.2k 0.02% Added +498 +498
85 MONECO ADVISORS, LLC 0.03% of their portfolio FAIRFIELD, CT 4,3844.4k $380.0k $380.0k 0.03% New
86 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 4,0524.1k $351.2k $351.2k 0.00% Added +7 +7
87 Raab & Moskowitz Asset Management LLC 0.07% of their portfolio Chatham, NJ 3,7793.8k $327.6k $327.6k 0.07% Reduced -293 -293
88 Madison Wealth Partners, Inc 0.05% of their portfolio MADISON, WI 3,7373.7k $323.9k $323.9k 0.05% New
89 Financial Partners Group, Inc 0.04% of their portfolio Overland Park, KS 3,7313.7k $323.4k $323.4k 0.04% Reduced -22 -22
90 Matthew Goff Investment Advisor, LLC 0.05% of their portfolio HOUSTON, TX 3,6153.6k $313.3k $313.3k 0.05% New
91 FFG Partners, LLC 0.12% of their portfolio Fort Lauderdale, FL 3,6053.6k $312.5k $312.5k 0.12% New
92 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.00% of their portfolio IRVING, TX 3,5543.6k $307.9k $307.9k 0.00% Added +5 +5
93 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 3,5303.5k $306.0k $306.0k 0.00% Reduced -136 -136
94 Lifeworks Advisors, LLC 0.04% of their portfolio GRAND RAPIDS, MI 3,4733.5k $301.1k $301.1k 0.04% New
95 AFT, FORSYTH & COMPANY, INC. 0.14% of their portfolio JUPITER, FL 3,4473.4k $298.8k $298.8k 0.14% Added +7 +7
96 CARY STREET PARTNERS FINANCIAL LLC 0.01% of their portfolio RICHMOND, VA 3,3273.3k $288.4k $288.4k 0.01% Unchanged
97 Essex Bank 0.06% of their portfolio Essex, CT 3,3003.3k $286.0k $286.0k 0.06% Unchanged
98 V2 Financial group LLC 0.13% of their portfolio NAPERVILLE, IL 3,3003.3k $286.0k $286.0k 0.13% Unchanged
99 Commonwealth Retirement Investments LLC 0.09% of their portfolio RICHMOND, VA 3,2903.3k $285.2k $285.2k 0.09% Reduced -2.9k -2,856
100 Hudock, Inc. 0.04% of their portfolio Williamsport, PA 3,2203.2k $279.2k $279.2k 0.04% Added +186 +186