Vault-13

ISHARES TR

PUT · CUSIP 464288953

2 institutional holders +1 vs Q4 2025
8,240,3008.2m shares reported held*
$655.3mreported value*
1 new 1 added 0 reduced 0 sold out net bought ≈ $485.4m (+7.8m 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 ≈ $79.52. Options: 0 managers hold calls (— notional), 12 hold puts ($2.8bn).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

012Q3 22: 1Q4 22: 2Q1 23: 2Q2 23: 1Q3 23: 2Q4 23: 0Q1 24: 0Q2 24: 0Q3 24: 0Q4 24: 1Q1 25: 0Q2 25: 2Q3 25: 0Q4 25: 1Q1 26: 22Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 20221
Q4 20222
Q1 20232
Q2 20231
Q3 20232
Q4 20230
Q1 20240
Q2 20240
Q3 20240
Q4 20241
Q1 20250
Q2 20252
Q3 20250
Q4 20251
Q1 20262

Buyers vs sellers

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

Bought or addedCut or sold out
202Q2 24: 0 bought or addedQ2 24: 0 cut or sold outQ3 24: 0 bought or addedQ3 24: 0 cut or sold outQ3 24Q4 24: 1 bought or addedQ4 24: 0 cut or sold outQ1 25: 0 bought or addedQ1 25: 1 cut or sold outQ1 25Q2 25: 2 bought or addedQ2 25: 0 cut or sold outQ3 25: 0 bought or addedQ3 25: 2 cut or sold outQ3 25Q4 25: 1 bought or addedQ4 25: 0 cut or sold outQ1 26: 2 bought or addedQ1 26: 0 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 202400
Q3 202400
Q4 202410
Q1 202501
Q2 202520
Q3 202502
Q4 202510
Q1 202620

Calls vs puts

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

CallsPuts
$0$2bn$4bn$6bn$8bnQ2 25 calls: $0Q2 25 puts: $3.5bnQ2 25P/C —Q3 25 calls: $0Q3 25 puts: $6.8bnQ3 25P/C —Q4 25 calls: $0Q4 25 puts: $5.0bnQ4 25P/C —Q1 26 calls: $0Q1 26 puts: $2.8bnQ1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$0$3.5bn—
Q3 2025$0$6.8bn—
Q4 2025$0$5.0bn—
Q1 2026$0$2.8bn—

Biggest buyers

HRT FINANCIAL LP Added +7,819,000+7.8m
CI INVESTMENTS INC. New +8,500+8.5k

Biggest sellers

None

Biggest calls

None

Biggest puts

JPMORGAN CHASE & CO Reduced $1.1bn14.0m shares
IMC-Chicago, LLC Added $549.7m6.9m shares
Optiver Holding B.V. Reduced $435.1m5.5m shares
HIGHBRIDGE CAPITAL MANAGEMENT LLC Added $433.5m5.5m shares
Bracebridge Capital, LLC Reduced $214.8m27.0k shares
GROUP ONE TRADING LLC Added $40.4m507.3k shares
1832 Asset Management L.P. Reduced $40.1m504.0k shares
Maven Securities LTD Added $8.3m103.7k shares
Warberg Asset Management LLC Reduced $954.7k12.0k shares
SG Americas Securities, LLC Reduced $175.0k238.8k 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 HRT FINANCIAL LP 2.34% of their portfolio NEW YORK, NY 8,231,8008.2m $654.9m $654.9m 2.34% Added +7.8m +7,819,000
2 CI INVESTMENTS INC. 0.00% of their portfolio TORONTO, Z4 8,5008.5k $378.2k $378.2k 0.00% New