Vault-13

ISHARES TR IWC

MICRO-CAP ETF · ETP · CUSIP 464288869

267 institutional holders +8 vs Q4 2025
4,628,4074.6m shares reported held*
$743.1mreported value*
47 new 71 added 75 reduced 34 sold out net bought ≈ $65.4m (+409.7k 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 ($1.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $160.56. Options: 2 managers hold calls ($6.4m notional), 2 hold puts ($1.1m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 195Q4 22: 197Q1 23: 189Q2 23: 194Q3 23: 192Q4 23: 210Q1 24: 208Q2 24: 204Q3 24: 223Q4 24: 239Q1 25: 211Q2 25: 209Q3 25: 227Q4 25: 259Q1 26: 267267Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022195
Q4 2022197
Q1 2023189
Q2 2023194
Q3 2023192
Q4 2023210
Q1 2024208
Q2 2024204
Q3 2024223
Q4 2024239
Q1 2025211
Q2 2025209
Q3 2025227
Q4 2025259
Q1 2026267

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 24: 80 bought or addedQ2 24: 85 cut or sold outQ3 24: 91 bought or addedQ3 24: 76 cut or sold outQ3 24Q4 24: 85 bought or addedQ4 24: 82 cut or sold outQ1 25: 72 bought or addedQ1 25: 114 cut or sold outQ1 25Q2 25: 55 bought or addedQ2 25: 105 cut or sold outQ3 25: 90 bought or addedQ3 25: 82 cut or sold outQ3 25Q4 25: 104 bought or addedQ4 25: 93 cut or sold outQ1 26: 118 bought or addedQ1 26: 109 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20248085
Q3 20249176
Q4 20248582
Q1 202572114
Q2 202555105
Q3 20259082
Q4 202510493
Q1 2026118109

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ2 25 calls: $2.8mQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $2.6mQ3 25 puts: $626.2kQ3 25P/C 0.24Q4 25 calls: $1.3mQ4 25 puts: $283.9kQ4 25P/C 0.21Q1 26 calls: $6.4mQ1 26 puts: $1.1mQ1 26P/C 0.17
Numbers
QuarterCallsPutsP/C
Q2 2025$2.8m$00.00
Q3 2025$2.6m$626.2k0.24
Q4 2025$1.3m$283.9k0.21
Q1 2026$6.4m$1.1m0.17

Biggest buyers

WHITTIER TRUST CO Added +203,428+203.4k
WHITTIER TRUST CO OF NEVADA INC Added +94,500+94.5k
WELLINGTON MANAGEMENT GROUP LLP New +76,300+76.3k
MORGAN STANLEY Added +57,205+57.2k
PARK AVENUE SECURITIES LLC New +49,419+49.4k
Baker Avenue Asset Management, LP Added +46,021+46.0k
Merit Financial Group, LLC New +43,071+43.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +38,335+38.3k
CITADEL ADVISORS LLC New +36,069+36.1k
Heck Capital Advisors, LLC New +31,743+31.7k

Biggest sellers

Corient Private Wealth LP Reduced -183,323-183.3k
TABR Capital Management, LLC Reduced -94,357-94.4k
Kingsview Wealth Management, LLC Reduced -40,737-40.7k
FIL Ltd Reduced -30,000-30.0k
RICE HALL JAMES & ASSOCIATES, LLC Sold out -28,750-28.8k
Geneos Wealth Management Inc. Reduced -12,387-12.4k
LVZ, Inc. Sold out -10,687-10.7k
Optivise Advisory Services LLC Sold out -9,027-9.0k
NORDEN GROUP LLC Reduced -7,305-7.3k
CAPSTONE INVESTMENT ADVISORS, LLC Sold out -6,401-6.4k

Biggest calls

CITADEL ADVISORS LLC Added $4.7m29.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.7m10.9k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $845.9k5.3k shares
CITADEL ADVISORS LLC Reduced $223.5k1.4k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 1832 Asset Management L.P. 0.09% of their portfolio TORONTO, A6 446,926446.9k $71.3m $71.3m 0.09% Reduced -5.8k -5,830
2 WHITTIER TRUST CO 0.60% of their portfolio SOUTH PASADENA, CA 323,937323.9k $52.9m $52.9m 0.60% Added +203.4k +203,428
3 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 319,009319.0k $50.9m $50.9m 0.01% Added +6.0k +6,045
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 235,188235.2k $37.5m $37.5m 0.00% Added +22.4k +22,376
5 Corient Private Wealth LP 0.04% of their portfolio MIAMI, FL 172,025172.0k $27.5m $27.5m 0.04% Reduced -183.3k -183,323
6 WHITTIER TRUST CO OF NEVADA INC 0.55% of their portfolio RENO, NV 164,721164.7k $26.9m $26.9m 0.55% Added +94.5k +94,500
7 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.39% of their portfolio Seattle, WA 140,664140.7k $22.5m $22.5m 0.39% Reduced -5.4k -5,352
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 123,209123.2k $19.7m $19.7m 0.00% Added +57.2k +57,205
9 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 121,477121.5k $19.4m $19.4m 0.00% Added +24.6k +24,591
10 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 111,088111.1k $17.7m $17.7m 0.01% Reduced -3.2k -3,151
11 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 108,219108.2k $17.3m $17.3m 0.02% Added +13.5k +13,520
12 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 107,020107.0k $17.1m $17.1m 0.00% Reduced -5.0k -4,984
13 Chicago Partners Investment Group LLC 0.40% of their portfolio CHICAGO, IL 99,61099.6k $18.0m $18.0m 0.40% Added +4.2k +4,238
14 HALBERT HARGROVE GLOBAL ADVISORS, LLC 0.66% of their portfolio LONG BEACH, CA 84,98585.0k $13.6m $13.6m 0.66% Reduced -2.2k -2,250
15 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 76,30076.3k $12.2m $12.2m 0.00% New
16 SENTINEL TRUST CO LBA 1.08% of their portfolio HOUSTON, TX 68,10668.1k $10.9m $10.9m 1.08% Added +15.2k +15,150
17 SACHEM HILL LLC 1.87% of their portfolio DENVER, CO 60,44860.4k $9.6m $9.6m 1.87% Reduced -586 -586
18 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 56,70756.7k $9.1m $9.1m 0.00% Reduced -1.7k -1,704
19 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 53,09253.1k $8.5m $8.5m 0.01% Added +11 +11
20 ARKANSAS FINANCIAL GROUP, INC. 1.20% of their portfolio LITTLE ROCK, AR 51,29451.3k $8.6m $8.6m 1.20% Reduced -1.4k -1,366
21 UBS Group AG 0.00% of their portfolio ZURICH, V8 49,83249.8k $8.0m $8.0m 0.00% Reduced -6.2k -6,158
22 PARK AVENUE SECURITIES LLC 0.06% of their portfolio NEW YORK, NY 49,41949.4k $7.9m $7.9m 0.06% New
23 Baker Avenue Asset Management, LP 0.17% of their portfolio SAN FRANCISCO, CA 48,04148.0k $7.7m $7.7m 0.17% Added +46.0k +46,021
24 SMITH, MOORE & CO. 0.55% of their portfolio CLAYTON, MO 47,58047.6k $7.6m $7.6m 0.55% Reduced -67 -67
25 Frank, Rimerman Advisors LLC 0.49% of their portfolio Palo Alto, CA 47,16847.2k $7.5m $7.5m 0.49% Reduced -1.6k -1,593
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 45,18145.2k $7.2m $7.2m 0.01% Added +38.3k +38,335
27 Merit Financial Group, LLC 0.05% of their portfolio ALPHARETTA, GA 43,07143.1k $6.9m $6.9m 0.05% New
28 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 42,03842.0k $6.7m $6.7m 0.00% Added +10.4k +10,433
29 Alesco Advisors, LLC, An ESL Co 0.17% of their portfolio Pittsford, NY 41,82041.8k $6.7m $6.7m 0.17% Reduced -1.6k -1,647
30 DUMONT & BLAKE INVESTMENT ADVISORS LLC 1.55% of their portfolio PRINCETON, NJ 38,92238.9k $6.2m $6.2m 1.55% Reduced -1.8k -1,760
31 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 38,88238.9k $6.0m $6.0m 0.00% Reduced -242 -242
32 NORDEN GROUP LLC 0.59% of their portfolio PROVO, UT 38,62738.6k $6.2m $6.2m 0.59% Reduced -7.3k -7,305
33 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 36,06936.1k $5.8m $5.8m 0.00% New
34 Michelson Medical Research Foundation, Inc. 5.73% of their portfolio Los Angeles, CA 35,38535.4k $5.6m $5.6m 5.73% Unchanged
35 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 32,66632.7k $5.2m $5.2m 0.00% Added +2.5k +2,487
36 Finley Financial, LLC 2.41% of their portfolio LAS VEGAS, NV 32,25032.2k $5.1m $5.1m 2.41% Reduced -200 -200
37 Heck Capital Advisors, LLC 0.38% of their portfolio Rhinelander, WI 31,74331.7k $5.1m $5.1m 0.38% New
38 FIL Ltd 0.00% of their portfolio HAMILTON, D0 31,27131.3k $5.0m $5.0m 0.00% Reduced -30.0k -30,000
39 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 28,42128.4k $4.5m $4.5m 0.01% Added +7.9k +7,862
40 JOHNSON INVESTMENT COUNSEL INC 0.03% of their portfolio Cincinnati, OH 26,46926.5k $4.2m $4.2m 0.03% Added +881 +881
41 TABR Capital Management, LLC 3.59% of their portfolio ORANGE, CA 24,45824.5k $3.9m $3.9m 3.59% Reduced -94.4k -94,357
42 Piedmont Capital Management, LLC 1.99% of their portfolio WHITEFISH, MT 23,88823.9k $3.9m $3.9m 1.99% New
43 WealthShield Partners, LLC 0.41% of their portfolio CARY, NC 23,07623.1k $3.7m $3.7m 0.41% Added +442 +442
44 Regal Investment Advisors LLC 0.20% of their portfolio KENTWOOD, MI 21,66421.7k $3.5m $3.5m 0.20% Added +1 +1
45 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 21,57321.6k $3.4m $3.4m 0.00% New
46 Noble Family Wealth, LLC 0.69% of their portfolio Clearwater, FL 20,99821.0k $3.4m $3.4m 0.69% Reduced -329 -329
47 Institute for Wealth Management, LLC. 0.34% of their portfolio DENVER, CO 20,04820.0k $3.2m $3.2m 0.34% Reduced -34 -34
48 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 19,57219.6k $3.1m $3.1m 0.00% Added +268 +268
49 STEPHENS INC /AR/ 0.04% of their portfolio LITTLE ROCK, AR 19,03819.0k $3.0m $3.0m 0.04% Unchanged
50 CAMELOT TECHNOLOGY ADVISORS, INC. 2.20% of their portfolio SAN FRANCISCO, CA 18,77018.8k $3.0m $3.0m 2.20% Added +62 +62
51 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 18,21818.2k $2.9m $2.9m 0.01% Added +1.6k +1,647
52 WEBER CAPITAL MANAGEMENT LLC /ADV 2.87% of their portfolio Dover, MA 17,98318.0k $2.9m $2.9m 2.87% Unchanged
53 Texas Yale Capital Corp. 0.08% of their portfolio ST. PETERSBURG, FL 17,89917.9k $2.9m $2.9m 0.08% Reduced -150 -150
54 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 17,75717.8k $2.8m $2.8m 0.00% Added +4.9k +4,852
55 Kendall Capital Management 0.57% of their portfolio ROCKVILLE, MD 17,40617.4k $2.8m $2.8m 0.57% Added +211 +211
56 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 17,04617.0k $2.7m $2.7m 0.00% Reduced -112 -112
57 Efficient Advisors, LLC 0.18% of their portfolio BEAVERTON, OR 16,00616.0k $2.6m $2.6m 0.18% Reduced -1.5k -1,469
58 CAPSTONE WEALTH MANAGEMENT GROUP, LLC 1.00% of their portfolio DUNMORE, PA 14,93014.9k $2.4m $2.4m 1.00% New
59 M1 Capital Management LLC 1.07% of their portfolio TROY, MI 14,55614.6k $2.3m $2.3m 1.07% Reduced -753 -753
60 Evanson Asset Management, LLC 0.12% of their portfolio CARMEL, CA 14,26014.3k $2.3m $2.3m 0.12% Added +7 +7
61 Indiana Trust & Investment Management Co 0.68% of their portfolio MISHAWAKA, IN 13,83013.8k $2.2m $2.2m 0.68% Unchanged
62 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 12,75612.8k $2.0m $2.0m 0.01% Reduced -3.3k -3,295
63 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 12,70412.7k $2.0m $2.0m 0.00% Added +2.1k +2,147
64 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 12,70312.7k $2.0m $2.0m 0.01% Added +10.7k +10,667
65 Rockbridge Investment Management, LCC 0.18% of their portfolio Syracuse, NY 12,66912.7k $2.0m $2.0m 0.18% Reduced -635 -635
66 Foundations Investment Advisors, LLC 0.02% of their portfolio PHOENIX, AZ 12,22112.2k $2.0m $2.0m 0.02% Added +5.9k +5,935
67 Genesis Financial Group, LLC 1.21% of their portfolio PARAMUS, NJ 11,30011.3k $1.8m $1.8m 1.21% Added +6.9k +6,925
68 Endowment Wealth Management, Inc. 0.78% of their portfolio APPLETON, WI 11,06111.1k $1.8m $1.8m 0.78% Added +601 +601
69 GHP Investment Advisors, Inc. 0.07% of their portfolio Denver, CO 10,93410.9k $1.7m $1.7m 0.07% Added +5 +5
70 CERTUITY, LLC 0.10% of their portfolio NORTH PALM BEACH, FL 10,02610.0k $1.6m $1.6m 0.10% Reduced -14 -14
71 Level Financial Advisors 0.40% of their portfolio EAST AMHERST, NY 9,9329.9k $1.6m $1.6m 0.40% Reduced -16 -16
72 JAMES INVESTMENT RESEARCH, INC. 0.17% of their portfolio ALPHA, OH 9,4039.4k $1.5m $1.5m 0.17% Unchanged
73 Robinson Value Management, Ltd. 0.82% of their portfolio SAN ANTONIO, TX 9,2659.3k $1.5m $1.5m 0.82% New
74 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 8,9659.0k $1.4m $1.4m 0.01% Added +2.7k +2,708
75 Moisand Fitzgerald Tamayo, LLC 0.15% of their portfolio ORLANDO, FL 8,9178.9k $1.4m $1.4m 0.15% Unchanged
76 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 8,2688.3k $1.3m $1.3m 0.00% Added +998 +998
77 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 8,1958.2k $1.3m $1.3m 0.00% Added +770 +770
78 CONNORS INVESTOR SERVICES INC 0.12% of their portfolio WYOMISSING, PA 7,9758.0k $1.3m $1.3m 0.12% New
79 Physician Wealth Advisors, Inc. 0.17% of their portfolio MIDVALE, UT 7,7437.7k $1.2m $1.2m 0.17% Reduced -177 -177
80 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 7,4227.4k $1.2m $1.2m 0.00% Added +1.9k +1,931
81 Mariner, LLC 0.00% of their portfolio Overland Park, KS 6,9537.0k $1.1m $1.1m 0.00% Added +34 +34
82 Modera Wealth Management, LLC 0.01% of their portfolio WESTWOOD, NJ 6,5136.5k $1.0m $1.0m 0.01% Unchanged
83 Haven Private, LLC 0.42% of their portfolio ORLANDO, FL 6,0726.1k $969.2k $969.2k 0.42% Unchanged
84 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 5,8875.9k $939.6k $939.6k 0.00% Reduced -216 -216
85 Simplicity Wealth,LLC 0.05% of their portfolio SUMMIT, NJ 5,6695.7k $904.8k $904.8k 0.05% New
86 Jackson, Grant Investment Advisers, Inc. 0.29% of their portfolio STAMFORD, CT 5,5345.5k $883.3k $883.3k 0.29% Added +6 +6
87 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 5,4365.4k $867.6k $867.6k 0.00% Reduced -286 -286
88 Discipline Wealth Solutions, LLC 0.09% of their portfolio GREENVILLE, SC 5,2835.3k $843.3k $843.3k 0.09% Reduced -37 -37
89 CCG WEALTH MANAGEMENT, LLC 0.23% of their portfolio SAN DIEGO, CA 5,2795.3k $842.6k $842.6k 0.23% New
90 WESCAP Management Group, Inc. 0.16% of their portfolio Glendale, CA 5,2345.2k $835.4k $835.4k 0.16% Unchanged
91 ECLECTIC ASSOCIATES INC /ADV 0.11% of their portfolio FULLERTON, CA 5,0715.1k $809.4k $809.4k 0.11% Added +1.8k +1,797
92 VISTA CAPITAL PARTNERS, INC. 0.08% of their portfolio PORTLAND, OR 4,9935.0k $796.9k $796.9k 0.08% Unchanged
93 Ellis Investment Partners, LLC 0.14% of their portfolio Berwyn, PA 4,9735.0k $793.8k $793.8k 0.14% Reduced -388 -388
94 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 4,8984.9k $796.6k $796.6k 0.00% Reduced -1.7k -1,690
95 Forefront Wealth Partners, LLC 0.32% of their portfolio AUSTIN, TX 4,7694.8k $761.2k $761.2k 0.32% Added +2.2k +2,162
96 Capital Investment Advisors, LLC 0.01% of their portfolio ATLANTA, GA 4,7644.8k $760.4k $760.4k 0.01% Reduced -20 -20
97 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 4,6774.7k $746.5k $746.5k 0.00% Unchanged
98 KENNEDY CAPITAL MANAGEMENT LLC 0.02% of their portfolio ST LOUIS, MO 4,5374.5k $724.2k $724.2k 0.02% New
99 Acropolis Investment Management, LLC 0.03% of their portfolio ST. LOUIS, MO 4,4854.5k $715.9k $715.9k 0.03% Unchanged
100 Mutual Advisors, LLC 0.02% of their portfolio OMAHA, NE 4,4144.4k $704.5k $704.5k 0.02% Added +930 +930