Vault-13

ISHARES TR CMBS

CMBS ETF · ETP · CUSIP 46429B366

92 institutional holders -2 vs Q4 2025
7,095,6427.1m shares reported held*
$345.8mreported value*
10 new 31 added 32 reduced 12 sold out net bought ≈ $59.2m (+1.2m 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 ($15.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.74.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 86Q4 22: 76Q1 23: 81Q2 23: 85Q3 23: 82Q4 23: 79Q1 24: 85Q2 24: 84Q3 24: 85Q4 24: 96Q1 25: 89Q2 25: 93Q3 25: 96Q4 25: 94Q1 26: 9292Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202286
Q4 202276
Q1 202381
Q2 202385
Q3 202382
Q4 202379
Q1 202485
Q2 202484
Q3 202485
Q4 202496
Q1 202589
Q2 202593
Q3 202596
Q4 202594
Q1 202692

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 46 bought or addedQ2 24: 35 cut or sold outQ3 24: 39 bought or addedQ3 24: 40 cut or sold outQ3 24Q4 24: 45 bought or addedQ4 24: 29 cut or sold outQ1 25: 49 bought or addedQ1 25: 43 cut or sold outQ1 25Q2 25: 48 bought or addedQ2 25: 35 cut or sold outQ3 25: 58 bought or addedQ3 25: 26 cut or sold outQ3 25Q4 25: 49 bought or addedQ4 25: 36 cut or sold outQ1 26: 41 bought or addedQ1 26: 44 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20244635
Q3 20243940
Q4 20244529
Q1 20254943
Q2 20254835
Q3 20255826
Q4 20254936
Q1 20264144

Biggest buyers

UBS Group AG Added +1,115,141+1.1m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +240,568+240.6k
LPL Financial LLC Added +102,848+102.8k
CITADEL ADVISORS LLC New +79,859+79.9k
GOLDMAN SACHS GROUP INC New +62,185+62.2k
Beacon Pointe Advisors, LLC New +41,523+41.5k
AE Wealth Management LLC Added +33,033+33.0k
GUIDANCE CAPITAL, INC Added +27,785+27.8k
JANE STREET GROUP, LLC New +27,257+27.3k
ARVEST INVESTMENTS, INC. Added +26,928+26.9k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -132,974-133.0k
SYON CAPITAL LLC Reduced -106,191-106.2k
U.S. Capital Wealth Advisors, LLC Sold out -79,107-79.1k
TIAA TRUST, NATIONAL ASSOCIATION Reduced -65,713-65.7k
Krilogy Financial LLC Reduced -60,540-60.5k
MORGAN STANLEY Reduced -60,018-60.0k
BlackRock, Inc. Sold out -40,625-40.6k
ENVESTNET ASSET MANAGEMENT INC Reduced -18,613-18.6k
Envestnet Portfolio Solutions, Inc. Sold out -18,249-18.2k
PRUDENTIAL PLC Reduced -14,874-14.9k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,657,0491.7m $80.7m $80.7m 0.01% Added +1.1m +1,115,141
2 SYON CAPITAL LLC 1.29% of their portfolio SAN FRANCISCO, CA 527,656527.7k $25.7m $25.7m 1.29% Reduced -106.2k -106,191
3 AE Wealth Management LLC 0.14% of their portfolio TOPEKA, KS 523,579523.6k $25.5m $25.5m 0.14% Added +33.0k +33,033
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 521,012521.0k $25.4m $25.4m 0.01% Added +102.8k +102,848
5 ARVEST INVESTMENTS, INC. 3.09% of their portfolio LOWELL, AR 465,122465.1k $22.7m $22.7m 3.09% Added +26.9k +26,928
6 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 307,513307.5k $15.0m $15.0m 0.00% Added +240.6k +240,568
7 HANCOCK WHITNEY CORP 0.24% of their portfolio GULFPORT, MS 287,723287.7k $14.1m $14.1m 0.24% Added +18.8k +18,775
8 Prepared Retirement Institute LLC 6.21% of their portfolio LANSDALE, PA 256,714256.7k $12.5m $12.5m 6.21% Added +16.0k +16,036
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 246,959247.0k $12.0m $12.0m 0.00% Reduced -60.0k -60,018
10 CENTRAL BANK & TRUST CO 1.48% of their portfolio LEXINGTON, KY 193,075193.1k $9.4m $9.4m 1.48% Added +5.7k +5,655
11 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 188,474188.5k $9.2m $9.2m 0.00% Added +5.0k +5,039
12 PRUDENTIAL PLC 0.07% of their portfolio LONDON, X0 179,528179.5k $8.7m $8.7m 0.07% Reduced -14.9k -14,874
13 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 172,966173.0k $8.4m $8.4m 0.01% Reduced -305 -305
14 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 161,478161.5k $7.9m $7.9m 0.00% Reduced -133.0k -132,974
15 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 153,411153.4k $7.5m $7.5m 0.01% Added +20.6k +20,631
16 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 112,689112.7k $5.5m $5.5m 0.00% Added +5.5k +5,473
17 SCHMIDT P J INVESTMENT MANAGEMENT INC 0.79% of their portfolio CEDARBURG, WI 95,88195.9k $4.7m $4.7m 0.79% Reduced -330 -330
18 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 93,99494.0k $4.6m $4.6m 0.00% Reduced -3.6k -3,584
19 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 79,85979.9k $3.9m $3.9m 0.00% New
20 Krilogy Financial LLC 0.11% of their portfolio ST. LOUIS, MO 72,16572.2k $3.5m $3.5m 0.11% Reduced -60.5k -60,540
21 SYKON CAPITAL LLC 1.17% of their portfolio HARRISON, NY 72,00972.0k $3.5m $3.5m 1.17% Reduced -927 -927
22 Insight Wealth Partners, LLC 1.40% of their portfolio Plano, TX 70,85370.9k $3.5m $3.5m 1.40% Added +4.5k +4,456
23 Ocean Park Asset Management, LLC 0.18% of their portfolio SANTA MONICA, CA 63,28663.3k $3.1m $3.1m 0.18% Unchanged
24 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 62,27762.3k $3.0m $3.0m 0.01% Reduced -297 -297
25 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 62,18562.2k $3.0m $3.0m 0.00% New
26 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.01% of their portfolio CHARLOTTE, NC 61,90361.9k $3.0m $3.0m 0.01% First filing
27 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 51,65451.7k $2.5m $2.5m 0.00% Added +3.9k +3,850
28 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 47,68447.7k $2.3m $2.3m 0.00% Reduced -18.6k -18,613
29 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 41,52341.5k $2.0m $2.0m 0.01% New
30 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 39,74039.7k $1.9m $1.9m 0.00% Added +3.8k +3,839
31 GUIDANCE CAPITAL, INC 0.38% of their portfolio LOUSVILLE, KY 35,23135.2k $1.7m $1.7m 0.38% Added +27.8k +27,785
32 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 33,65033.6k $1.6m $1.6m 0.00% Reduced -66 -66
33 Ethos Capital Management, Inc. 1.22% of their portfolio NEWTOWN, PA 29,06629.1k $1.4m $1.4m 1.22% Reduced -4.8k -4,824
34 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 28,45328.5k $1.4m $1.4m 0.00% Reduced -12.6k -12,623
35 Rosenberg Matthew Hamilton 0.27% of their portfolio GRAND JUNCTION, CO 27,43427.4k $1.3m $1.3m 0.27% Added +3.0k +2,976
36 Palogic Value Management, L.P. 0.58% of their portfolio DALLAS, TX 27,38227.4k $1.3m $1.3m 0.58% Unchanged
37 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 27,25727.3k $1.3m $1.3m 0.00% New
38 Heck Capital Advisors, LLC 0.09% of their portfolio Rhinelander, WI 23,69123.7k $1.2m $1.2m 0.09% Added +1.7k +1,729
39 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 20,95721.0k $1.0m $1.0m 0.01% Reduced -3.9k -3,899
40 Maia Wealth LLC 0.17% of their portfolio DENVER, CO 20,17420.2k $983.1k $983.1k 0.17% Added +4.9k +4,880
41 FLOW TRADERS U.S. LLC 0.03% of their portfolio NEW YORK, NY 18,37118.4k $895.0k $895.0k 0.03% New
42 Willis Johnson & Associates, Inc. 0.05% of their portfolio Houston, TX 18,05718.1k $879.9k $879.9k 0.05% Reduced -770 -770
43 Arete Wealth Advisors, LLC 0.06% of their portfolio CHICAGO, IL 16,26016.3k $792.8k $792.8k 0.06% Reduced -219 -219
44 Advisory Alpha, LLC 0.02% of their portfolio HOLLAND, MI 15,54615.5k $757.6k $757.6k 0.02% Reduced -5.3k -5,258
45 Cogent Private Wealth, Inc. 0.50% of their portfolio ORLANDO, FL 14,15214.2k $689.6k $689.6k 0.50% Unchanged
46 MMA ASSET MANAGEMENT LLC 0.22% of their portfolio New York, NY 12,84612.8k $626.0k $626.0k 0.22% Added +1.9k +1,919
47 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 12,77912.8k $622.7k $622.7k 0.00% Reduced -4.5k -4,540
48 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 12,52212.5k $610.2k $610.2k 0.00% New
49 TOUNJIAN ADVISORY PARTNERS, LLC 0.21% of their portfolio FORT MYERS, FL 12,18612.2k $593.9k $593.9k 0.21% Reduced -324 -324
50 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 10,74610.7k $523.6k $523.6k 0.00% Added +4.9k +4,856
51 City Center Advisors, LLC 0.46% of their portfolio TROY, MI 10,16710.2k $495.5k $495.5k 0.46% Added +584 +584
52 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 9,5679.6k $466.0k $466.0k 0.00% Added +194 +194
53 Visionary Wealth Advisors 0.02% of their portfolio O'FALLON, IL 9,4859.5k $462.2k $462.2k 0.02% Reduced -18 -18
54 Columbus Macro, LLC 0.05% of their portfolio NEW CASTLE, PA 9,1479.1k $445.7k $445.7k 0.05% Reduced -6.4k -6,397
55 Hyundai Investments Co., Ltd. 0.49% of their portfolio YEONGDEUNGPO-GU, SEOUL, M5 8,8248.8k $430.6k $430.6k 0.49% Reduced -2.9k -2,907
56 Elevated Capital Advisors, LLC 0.10% of their portfolio SANDY, UT 7,9337.9k $386.6k $386.6k 0.10% Reduced -954 -954
57 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 7,0537.1k $344.0k $344.0k 0.00% Reduced -24 -24
58 Ridgewood Investments LLC 0.14% of their portfolio SPRINGFIELD, NJ 6,9076.9k $336.6k $336.6k 0.14% First filing
59 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 6,2716.3k $305.6k $305.6k 0.01% Reduced -700 -700
60 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 6,0386.0k $294.2k $294.2k 0.00% Reduced -4.5k -4,464
61 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 5,5285.5k $269.4k $269.4k 0.01% Added +261 +261
62 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 4,8974.9k $238.6k $238.6k 0.00% New
63 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 4,5194.5k $220.2k $220.2k 0.00% Reduced -1.6k -1,636
64 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,5103.5k $171.3k $171.3k 0.00% Reduced -5.0k -4,954
65 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 2,9002.9k $141.3k $141.3k 0.00% Unchanged
66 HORIZON FINANCIAL SERVICES, LLC 0.05% of their portfolio WINSTON SALEM, NC 2,3852.4k $116.2k $116.2k 0.05% Reduced -898 -898
67 ST GERMAIN D J CO INC 0.00% of their portfolio SPRINGFIELD, MA 1,6131.6k $78.6k $78.6k 0.00% Unchanged
68 TIAA TRUST, NATIONAL ASSOCIATION 0.00% of their portfolio CHARLOTTE, NC 1,5491.5k $75.5k $75.5k 0.00% Reduced -65.7k -65,713
69 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 1,4871.5k $72.5k $72.5k 0.00% Added +131 +131
70 FMR LLC 0.00% of their portfolio BOSTON, MA 1,1221.1k $54.7k $54.7k 0.00% Added +192 +192
71 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 993993 $48.4k $48.4k 0.00% Unchanged
72 GUARDIAN WEALTH ADVISORS, LLC / NC 0.00% of their portfolio RALEIGH, NC 993993 $48.4k $48.4k 0.00% New
73 Wagner Wealth Management, LLC 0.01% of their portfolio GREENVILLE, SC 911911 $44.4k $44.4k 0.01% Added +5 +5
74 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 848848 $41.3k $41.3k 0.00% Unchanged
75 Ashton Thomas Private Wealth, LLC 0.00% of their portfolio SCOTTSDALE, AZ 825825 $40.2k $40.2k 0.00% New
76 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 677677 $33.0k $33.0k 0.00% Unchanged
77 Decker Retirement Planning Inc. 0.01% of their portfolio LEVI, UT 601601 $29.3k $29.3k 0.01% Unchanged
78 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 543543 $26.5k $26.5k 0.00% Added +3 +3
79 Strengthening Families & Communities, LLC 0.01% of their portfolio BOSTON, MA 453453 $22.1k $22.1k 0.01% Added +3 +3
80 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 441441 $21.5k $21.5k 0.00% Unchanged
81 Bogart Wealth, LLC 0.00% of their portfolio MCLEAN, VA 306306 $14.9k $14.9k 0.00% Unchanged
82 Signature Equity Partners, LLC 0.01% of their portfolio COLUMBUS, OH 298298 $14.5k $14.5k 0.01% Added +1 +1
83 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 200200 $9.7k $9.7k 0.00% Unchanged
84 Quest 10 Wealth Builders, Inc. 0.01% of their portfolio Fuquay-Varina, VA 157157 $7.7k $7.7k 0.01% Added +141 +141
85 Jackson Hole Capital Partners, LLC 0.00% of their portfolio TULSA, OK 136136 $6.6k $6.6k 0.00% Unchanged
86 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 9292 $4.5k $4.5k 0.00% New
87 Rossby Financial, LCC 0.00% of their portfolio MELBOURNE, FL 7575 $3.7k $3.7k 0.00% Unchanged
88 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 4646 $2.2k $2.2k 0.00% Unchanged
89 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 4141 $976 $976 0.00% Added +28 +28
90 IMG Wealth Management, Inc. 0.00% of their portfolio JACKSONVILLE, FL 3232 $1.6k $1.6k 0.00% Unchanged
91 Cullen/Frost Bankers, Inc. 0.00% of their portfolio San Antonio, TX 55 $237 $237 0.00% Reduced -7.1k -7,142
92 Spurstone Advisory Services, LLC 0.00% of their portfolio HIGGANUM, CT 22 $97 $97 0.00% Unchanged