Vault-13

ISHARES TR GOVT

US TREAS BD ETF · ETP · CUSIP 46429B267

840 institutional holders +48 vs Q3 2025
1,377,335,7371.4bn shares reported held*
$31.8bnreported value*
61 new 394 added 232 reduced 59 sold out net bought ≈ $4.0bn (+103.4m 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 ($47.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.12. Options: 1 managers hold calls ($248.7k notional), 0 hold puts (—).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 585Q4 22: 632Q1 23: 632Q2 23: 659Q3 23: 655Q4 23: 712Q1 24: 695Q2 24: 700Q3 24: 725Q4 24: 795Q1 25: 795Q2 25: 776Q3 25: 792Q4 25: 840840Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022585
Q4 2022632
Q1 2023632
Q2 2023659
Q3 2023655
Q4 2023712
Q1 2024695
Q2 2024700
Q3 2024725
Q4 2024795
Q1 2025795
Q2 2025776
Q3 2025792
Q4 2025840

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q1 24: 381 bought or addedQ1 24: 314 cut or sold outQ2 24: 369 bought or addedQ2 24: 310 cut or sold outQ2 24Q3 24: 412 bought or addedQ3 24: 268 cut or sold outQ4 24: 382 bought or addedQ4 24: 307 cut or sold outQ4 24Q1 25: 418 bought or addedQ1 25: 339 cut or sold outQ2 25: 389 bought or addedQ2 25: 353 cut or sold outQ2 25Q3 25: 424 bought or addedQ3 25: 309 cut or sold outQ4 25: 455 bought or addedQ4 25: 291 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024381314
Q2 2024369310
Q3 2024412268
Q4 2024382307
Q1 2025418339
Q2 2025389353
Q3 2025424309
Q4 2025455291

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $248.7kQ4 25 puts: $0Q4 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2025$0$0—
Q2 2025$0$0—
Q3 2025$0$0—
Q4 2025$248.7k$00.00

Biggest buyers

JPMORGAN CHASE & CO Added +111,362,030+111.4m
BANK OF AMERICA CORP /DE/ Added +32,568,450+32.6m
LPL Financial LLC Added +7,886,409+7.9m
CAPTRUST FINANCIAL ADVISORS Added +4,692,877+4.7m
PNC Financial Services Group, Inc. Added +4,679,313+4.7m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +4,099,910+4.1m
TIAA TRUST, NATIONAL ASSOCIATION Added +2,830,697+2.8m
Itau Unibanco Holding S.A. Added +2,612,946+2.6m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +2,371,085+2.4m
TRUIST FINANCIAL CORP Added +2,302,272+2.3m

Biggest sellers

Jump Financial, LLC Sold out -74,263,136-74.3m
ENVESTNET ASSET MANAGEMENT INC Reduced -4,348,966-4.3m
Sanctuary Advisors, LLC Reduced -2,106,112-2.1m
NorthCoast Asset Management LLC Sold out -1,603,899-1.6m
Trilogy Capital Inc. Reduced -1,541,601-1.5m
OSAIC HOLDINGS, INC. Reduced -1,286,568-1.3m
Jordan Park Group LLC Reduced -1,106,770-1.1m
Brueske Advisory Services, LLC Sold out -1,095,992-1.1m
Seneca Financial Advisors LLC Reduced -877,047-877.0k
MORGAN STANLEY Reduced -730,728-730.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $248.7k10.8k shares

Biggest puts

None

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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: TRUIST FINANCIAL CORP (4.3%, 2026-04-27)

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.66% of their portfolio CHARLOTTE, NC 394,706,971394.7m $9.1bn $9.1bn 0.66% Added +32.6m +32,568,450
2 JPMORGAN CHASE & CO 0.30% of their portfolio NEW YORK, NY 195,076,828195.1m $4.5bn $4.5bn 0.30% Added +111.4m +111,362,030
3 LPL Financial LLC 0.75% of their portfolio FORT MILL, SC 119,087,423119.1m $2.7bn $2.7bn 0.75% Added +7.9m +7,886,409
4 ENVESTNET ASSET MANAGEMENT INC 0.49% of their portfolio Berwyn, PA 72,310,95672.3m $1.7bn $1.7bn 0.49% Reduced -4.3m -4,348,966
5 TRUIST FINANCIAL CORP 2.18% of their portfolio CHARLOTTE, NC 71,006,49571.0m $1.6bn $1.6bn 2.18% Added +2.3m +2,302,272
6 PNC Financial Services Group, Inc. 0.67% of their portfolio Pittsburgh, PA 52,947,84652.9m $1.2bn $1.2bn 0.67% Added +4.7m +4,679,313
7 TIAA TRUST, NATIONAL ASSOCIATION 1.97% of their portfolio CHARLOTTE, NC 35,617,52035.6m $821.3m $821.3m 1.97% Added +2.8m +2,830,697
8 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 32,547,58432.5m $749.4m $749.4m 0.04% Reduced -730.7k -730,728
9 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.93% of their portfolio PLYMOUTH, MN 29,607,75829.6m $682.5m $682.5m 0.93% Added +2.4m +2,371,085
10 ASSETMARK, INC 1.17% of their portfolio CONCORD, CA 24,990,24625.0m $575.4m $575.4m 1.17% Added +739.5k +739,492
11 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.08% of their portfolio SAN FRANCISCO, CA 23,676,55723.7m $545.2m $545.2m 0.08% Added +4.1m +4,099,910
12 Allworth Financial LP 2.18% of their portfolio FOLSOM, CA 23,035,55523.0m $530.4m $530.4m 2.18% Added +593.9k +593,928
13 Jordan Park Group LLC 25.09% of their portfolio SAN FRANCISCO, CA 18,808,26518.8m $433.1m $433.1m 25.09% Reduced -1.1m -1,106,770
14 Fund Evaluation Group, LLC 12.88% of their portfolio CINCINNATI, OH 16,906,71216.9m $389.3m $389.3m 12.88% Added +1.8m +1,797,810
15 BlackRock, Inc. 0.00% of their portfolio New York, NY 12,637,71712.6m $291.0m $291.0m 0.00% Added +1.2m +1,182,191
16 Morningstar Investment Management LLC 14.55% of their portfolio CHICAGO, IL 10,701,49210.7m $246.4m $246.4m 14.55% Unchanged
17 UNITED CAPITAL FINANCIAL ADVISORS, LLC 1.06% of their portfolio IRVING, TX 7,600,1377.6m $175.0m $175.0m 1.06% Reduced -289.7k -289,705
18 TD PRIVATE CLIENT WEALTH LLC 3.67% of their portfolio NEW YORK, NY 7,473,4567.5m $172.1m $172.1m 3.67% Added +769.7k +769,710
19 FMR LLC 0.01% of their portfolio BOSTON, MA 7,396,1967.4m $170.3m $170.3m 0.01% Reduced -620.2k -620,233
20 EP Wealth Advisors, LLC 0.79% of their portfolio TORRANCE, CA 6,570,5236.6m $151.3m $151.3m 0.79% First filing
21 Norinchukin Bank, The 1.68% of their portfolio TOKYO, M0 6,263,4826.3m $144.2m $144.2m 1.68% Added +304.9k +304,882
22 Hirtle & Co., LLC 4.40% of their portfolio WEST CONSHOHOCKEN, PA 5,614,9625.6m $129.3m $129.3m 4.40% Added +371.5k +371,468
23 UBS Group AG 0.02% of their portfolio ZURICH, V8 5,302,9645.3m $122.1m $122.1m 0.02% Reduced -219.6k -219,570
24 Mill Creek Capital Advisors, LLC 2.32% of their portfolio Conshohocken, PA 4,955,3305.0m $114.1m $114.1m 2.32% Added +360.5k +360,501
25 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 4,950,7005.0m $114.0m $114.0m 0.03% Reduced -240.2k -240,177
26 CAPTRUST FINANCIAL ADVISORS 0.21% of their portfolio RALEIGH, NC 4,760,9884.8m $109.6m $109.6m 0.21% Added +4.7m +4,692,877
27 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 4,700,1634.7m $108.2m $108.2m 0.01% Added +413.2k +413,234
28 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 4,517,3684.5m $104.0m $104.0m 0.02% Added +39.1k +39,090
29 MCF Advisors LLC 5.38% of their portfolio LEXINGTON, KY 4,231,6144.2m $97.4m $97.4m 5.38% Reduced -45.6k -45,568
30 Cetera Investment Advisers 0.10% of their portfolio SCHAUMBURG, IL 4,140,1134.1m $95.3m $95.3m 0.10% Added +438.6k +438,624
31 Wedmont Private Capital 3.07% of their portfolio WEST CHESTER, PA 3,825,6293.8m $88.3m $88.3m 3.07% Added +418.8k +418,840
32 SYM FINANCIAL Corp 8.41% of their portfolio WINONA LAKE, IN 3,553,7913.6m $81.8m $81.8m 8.41% Added +64.7k +64,653
33 Alesco Advisors, LLC, An ESL Co 2.10% of their portfolio Pittsford, NY 3,526,4193.5m $81.2m $81.2m 2.10% Added +153.4k +153,391
34 Crestwood Advisors Group, LLC 1.32% of their portfolio BOSTON, MA 3,440,6713.4m $79.2m $79.2m 1.32% Reduced -23.9k -23,918
35 AE Wealth Management LLC 0.45% of their portfolio TOPEKA, KS 3,430,6823.4m $79.0m $79.0m 0.45% Added +325.9k +325,925
36 CASTLEARK MANAGEMENT LLC 2.25% of their portfolio CHICAGO, IL 3,329,5693.3m $76.7m $76.7m 2.25% Added +71.5k +71,470
37 1607 Capital Partners, LLC 5.04% of their portfolio Richmond, VA 3,211,1223.2m $73.9m $73.9m 5.04% Reduced -480.4k -480,400
38 Itau Unibanco Holding S.A. 1.73% of their portfolio SAO PAULO, D5 3,058,6913.1m $70.4m $70.4m 1.73% Added +2.6m +2,612,946
39 BROWN ADVISORY INC 0.09% of their portfolio BALTIMORE, MD 2,912,5782.9m $67.1m $67.1m 0.09% Added +980.1k +980,099
40 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 2,672,2092.7m $61.5m $61.5m 0.02% Added +256.3k +256,297
41 Merit Financial Group, LLC 0.47% of their portfolio ALPHARETTA, GA 2,541,0722.5m $58.5m $58.5m 0.47% Reduced -212.3k -212,306
42 MML INVESTORS SERVICES, LLC 0.14% of their portfolio SPRINGFIELD, MA 2,480,6132.5m $57.1m $57.1m 0.14% Added +175.6k +175,580
43 Thrivent Financial for Lutherans 0.10% of their portfolio Minneapolis, MN 2,436,0082.4m $56.1m $56.1m 0.10% Added +74.7k +74,727
44 STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.04% of their portfolio BLOOMINGTON, IL 2,366,5962.4m $54.5m $54.5m 0.04% Added +792.2k +792,188
45 Janney Montgomery Scott LLC 0.12% of their portfolio PHILADELPHIA, PA 2,361,9022.4m $54.4m $54.4m 0.12% Added +92.3k +92,346
46 OSAIC HOLDINGS, INC. 0.08% of their portfolio SCOTTSDALE, AZ 2,257,1232.3m $52.0m $52.0m 0.08% Reduced -1.3m -1,286,568
47 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 2,153,7602.2m $49.6m $49.6m 0.01% Added +131.1k +131,056
48 Dodds Wealth, LLC 11.33% of their portfolio GREENWOOD VILLAGE, CO 2,006,8582.0m $46.2m $46.2m 11.33% Reduced -246.1k -246,134
49 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,972,7912.0m $45.4m $45.4m 0.01% Reduced -23.5k -23,489
50 Cresset Asset Management, LLC 0.18% of their portfolio Chicago, IL 1,888,3311.9m $43.5m $43.5m 0.18% Added +313.2k +313,206
51 BAILARD, INC. 0.96% of their portfolio Foster City, CA 1,879,0871.9m $43.3m $43.3m 0.96% Added +319.7k +319,691
52 Sanctuary Advisors, LLC 0.23% of their portfolio INDIANAPOLIS, IN 1,843,4711.8m $42.4m $42.4m 0.23% Reduced -2.1m -2,106,112
53 Focus Partners Wealth 0.05% of their portfolio ST LOUIS, MO 1,834,8211.8m $42.2m $42.2m 0.05% Added +1.7m +1,711,821
54 Mirae Asset Global Investments Co., Ltd. 0.11% of their portfolio SEOUL, M5 1,779,2201.8m $41.0m $41.0m 0.11% Added +40.9k +40,902
55 Heck Capital Advisors, LLC 2.82% of their portfolio Rhinelander, WI 1,644,0121.6m $37.9m $37.9m 2.82% Added +168.1k +168,096
56 US BANCORP \DE\ 0.04% of their portfolio MINNEAPOLIS, MN 1,643,7511.6m $37.8m $37.8m 0.04% Added +43.8k +43,793
57 Foster Group, Inc. 1.11% of their portfolio WEST DES MOINES, IA 1,591,1111.6m $36.6m $36.6m 1.11% Reduced -20.4k -20,416
58 Prime Capital Investment Advisors, LLC 0.44% of their portfolio OVERLAND PARK, KS 1,584,2531.6m $36.5m $36.5m 0.44% Reduced -318.9k -318,867
59 3EDGE Asset Management, LP 1.84% of their portfolio Naples, FL 1,540,5081.5m $35.5m $35.5m 1.84% Reduced -29.3k -29,342
60 Verum Partners LLC 6.94% of their portfolio CHARLOTTE, NC 1,494,6041.5m $34.4m $34.4m 6.94% Added +58.0k +58,050
61 Envestnet Portfolio Solutions, Inc. 0.12% of their portfolio BERWYN, PA 1,429,1531.4m $32.9m $32.9m 0.12% Added +118.0k +118,013
62 McKinley Carter Wealth Services, Inc. 1.78% of their portfolio WHEELING, WV 1,387,0131.4m $31.9m $31.9m 1.78% Reduced -588.5k -588,516
63 COMMERCE BANK 0.17% of their portfolio KANSAS CITY, MO 1,372,6901.4m $31.6m $31.6m 0.17% Added +294.3k +294,313
64 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 0.96% of their portfolio BETHESDA, MD 1,250,0001.2m $28.8m $28.8m 0.96% Unchanged
65 Wealthspire Advisors, LLC 0.23% of their portfolio NEW YORK, NY 1,247,4091.2m $28.7m $28.7m 0.23% Added +980.3k +980,256
66 BlueStem Wealth Partners, LLC 3.05% of their portfolio MINNETONKA, MN 1,200,3881.2m $27.6m $27.6m 3.05% Reduced -6.2k -6,179
67 Acorns Advisers, LLC 0.21% of their portfolio IRVINE, CA 1,199,2931.2m $27.6m $27.6m 0.21% Added +51.9k +51,857
68 DDFG, Inc 6.04% of their portfolio THOUSAND OAKS, CA 1,198,7011.2m $27.6m $27.6m 6.04% Added +26.9k +26,871
69 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 1,184,1571.2m $27.3m $27.3m 0.04% Added +52.9k +52,928
70 PARK AVENUE SECURITIES LLC 0.22% of their portfolio NEW YORK, NY 1,127,7131.1m $26.0m $26.0m 0.22% Added +179.1k +179,130
71 Nationwide Fund Advisors 1.11% of their portfolio COLUMBUS, OH 1,126,5361.1m $25.9m $25.9m 1.11% Reduced -37.6k -37,578
72 Lifeworks Advisors, LLC 3.32% of their portfolio GRAND RAPIDS, MI 1,114,8921.1m $25.7m $25.7m 3.32% Added +65.3k +65,350
73 CUTLER INVESTMENT COUNSEL LLC 2.64% of their portfolio Jacksonville, OR 1,102,9381.1m $25.4m $25.4m 2.64% Added +48.0k +48,047
74 Trilogy Capital Inc. 1.13% of their portfolio IRVINE, CA 1,093,2341.1m $25.2m $25.2m 1.13% Reduced -1.5m -1,541,601
75 SCHOOL EMPLOYEES RETIREMENT BOARD OF OHIO 12.25% of their portfolio COLUMBUS, OH 1,088,9911.1m $25.1m $25.1m 12.25% New
76 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 1,084,7971.1m $25.0m $25.0m 0.07% Reduced -36.9k -36,926
77 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 1,079,4251.1m $24.9m $24.9m 0.04% Added +67.0k +67,043
78 Johnson Bixby & Associates, LLC 3.06% of their portfolio VANCOUVER, WA 1,073,2021.1m $24.7m $24.7m 3.06% Added +3.6k +3,627
79 CWM, LLC 0.07% of their portfolio OMAHA, NE 1,071,3541.1m $24.7m $24.7m 0.07% Reduced -71.8k -71,850
80 Equitable Holdings, Inc. 0.16% of their portfolio NEW YORK, NY 1,005,2701.0m $23.1m $23.1m 0.16% Added +147.3k +147,291
81 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 980,613980.6k $22.6m $22.6m 0.03% Reduced -15.0k -14,959
82 Genus Capital Management Inc. 2.49% of their portfolio VANCOUVER, A1 928,796928.8k $21.4m $21.4m 2.49% Reduced -3.6k -3,624
83 Roberts Financial Services LLC 6.69% of their portfolio MARQUETTE, MI 925,786925.8k $21.3m $21.3m 6.69% Added +28.2k +28,152
84 Strategic Blueprint, LLC 1.19% of their portfolio ATLANTA, GA 876,773876.8k $20.2m $20.2m 1.19% Added +41.1k +41,070
85 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 867,640867.6k $20.0m $20.0m 0.02% Added +31.3k +31,303
86 Envision Financial Planning, LLC 7.55% of their portfolio MEMPHIS, TN 867,377867.4k $20.0m $20.0m 7.55% Added +15.1k +15,068
87 Geneos Wealth Management Inc. 0.49% of their portfolio ENGLEWOOD, CO 866,033866.0k $19.9m $19.9m 0.49% Added +740 +740
88 Annandale Capital, LLC 3.17% of their portfolio DALLAS, TX 845,043845.0k $19.5m $19.5m 3.17% Added +21.8k +21,766
89 Farther Finance Advisors, LLC 0.20% of their portfolio SAN FRANCISCO, CA 827,918827.9k $19.1m $19.1m 0.20% Added +361.9k +361,889
90 SCHMIDT P J INVESTMENT MANAGEMENT INC 3.06% of their portfolio CEDARBURG, WI 818,330818.3k $18.8m $18.8m 3.06% Reduced -3.4k -3,370
91 Savant Capital, LLC 0.10% of their portfolio ROCKFORD, IL 797,055797.1k $18.4m $18.4m 0.10% Reduced -31.7k -31,745
92 PRINCIPAL SECURITIES, INC. 0.28% of their portfolio DES MOINES, IA 775,899775.9k $17.9m $17.9m 0.28% Added +212.5k +212,482
93 ST GERMAIN D J CO INC 0.68% of their portfolio SPRINGFIELD, MA 764,044764.0k $17.6m $17.6m 0.68% Added +13.3k +13,281
94 Global Retirement Partners, LLC 0.31% of their portfolio San Rafael, CA 762,874762.9k $17.6m $17.6m 0.31% Added +21.9k +21,868
95 Capital Planning Advisors, LLC 2.31% of their portfolio Roseville, CA 750,002750.0k $17.3m $17.3m 2.31% Reduced -50.4k -50,381
96 Juno Financial Group LLC 6.72% of their portfolio RICHMOND, VA 729,615729.6k $16.8m $16.8m 6.72% First filing
97 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.29% of their portfolio TOKYO, M0 713,067713.1k $16.4m $16.4m 0.29% Added +21.8k +21,778
98 Key Financial Inc 2.96% of their portfolio WEST CHESTER, PA 705,441705.4k $16.2m $16.2m 2.96% Added +31.1k +31,122
99 Mariner, LLC 0.02% of their portfolio Overland Park, KS 691,470691.5k $15.9m $15.9m 0.02% Added +124.6k +124,615
100 Snider Financial Group 4.18% of their portfolio BELLEVUE, WA 682,014682.0k $15.7m $15.7m 4.18% Added +44.8k +44,843