ISHARES TR FLOT
FLTG RATE NT ETF · ETP · CUSIP 46429B655
645
institutional holders
-6 vs Q3 2025
104.9m
shares reported held*
$5.3bnreported value*
35 new
250 added
227 reduced
65 sold out
net sold ≈ $78.0m (-1.7m 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 ($7.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $51.00.
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 671 |
| Q4 2022 | 683 |
| Q1 2023 | 640 |
| Q2 2023 | 615 |
| Q3 2023 | 610 |
| Q4 2023 | 629 |
| Q1 2024 | 603 |
| Q2 2024 | 625 |
| Q3 2024 | 606 |
| Q4 2024 | 659 |
| Q1 2025 | 662 |
| Q2 2025 | 679 |
| Q3 2025 | 651 |
| Q4 2025 | 645 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 269 | 305 |
| Q2 2024 | 313 | 246 |
| Q3 2024 | 249 | 318 |
| Q4 2024 | 290 | 262 |
| Q1 2025 | 379 | 240 |
| Q2 2025 | 297 | 319 |
| Q3 2025 | 287 | 328 |
| Q4 2025 | 285 | 292 |
Biggest buyers
| Focus Partners Wealth | Added | +587.5k |
| NORTHERN TRUST CORP | Added | +432.3k |
| MILESTONE ASSET MANAGEMENT, LLC | Added | +350.7k |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC | Added | +312.2k |
| TriaGen Wealth Management LLC | Added | +282.4k |
| HARTLINE INVESTMENT CORP/ | Added | +258.8k |
| Proficio Capital Partners LLC | Added | +197.1k |
| Merit Financial Group, LLC | Added | +163.0k |
| Glenview Trust Co | Added | +156.2k |
| Steward Partners Investment Advisory, LLC | Added | +149.2k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -1.1m |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -849.1k |
| NorthCoast Asset Management LLC | Sold out | -607.1k |
| RMG Wealth Management LLC | Sold out | -509.2k |
| LPL Financial LLC | Reduced | -407.0k |
| Baker Avenue Asset Management, LP | Reduced | -363.9k |
| BlackRock, Inc. | Reduced | -297.0k |
| COMERICA BANK | Reduced | -289.3k |
| Strategic Investment Advisors / MI | Sold out | -257.7k |
| Ocean Park Asset Management, LLC | Reduced | -236.6k |
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 8.9m $450.1m | Added +1.0k |
| MORGAN STANLEY 0.02% of their portfolio | 6.1m $312.1m | Added +71.2k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 5.5m $277.4m | Added +432.3k |
| LPL Financial LLC 0.06% of their portfolio | 4.2m $211.9m | Reduced -407.0k |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 3.3m $165.5m | Added +31.4k |
| New York Life Investment Management LLC 1.37% of their portfolio | 3.1m $159.4m | Added +55.7k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 3.0m $154.9m | Added +66.2k |
| Glenview Trust Co 2.29% of their portfolio | 2.9m $148.2m | Added +156.2k |
| BlackRock, Inc. 0.00% of their portfolio | 2.6m $133.8m | Reduced -297.0k |
| UBS Group AG 0.02% of their portfolio | 2.3m $117.2m | Reduced -62.7k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 2.1m $105.0m | Added +72.8k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 2.0m $102.3m | Added +35.7k |
| ASSETMARK, INC 0.20% of their portfolio | 1.9m $97.6m | Added +78.7k |
| PNC Financial Services Group, Inc. 0.05% of their portfolio | 1.8m $91.5m | Reduced -185.2k |
| FLPUTNAM INVESTMENT MANAGEMENT CO 1.28% of their portfolio | 1.7m $87.8m | Added +112.0k |
| DAVENPORT & Co LLC 0.40% of their portfolio | 1.5m $73.9m | Added +73.0k |
| HARTLINE INVESTMENT CORP/ 7.80% of their portfolio | 1.4m $72.1m | Added +258.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.3m $65.7m | Reduced -1.1m |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 1.3m $65.7m | Added +106.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 1.3m $63.8m | Reduced -213.5k |
| Steward Partners Investment Advisory, LLC 0.31% of their portfolio | 1.1m $56.2m | Added +149.2k |
| Kensington Asset Management, LLC 2.86% of their portfolio | 1.1m $55.4m | Unchanged |
| Cetera Investment Advisers 0.06% of their portfolio | 1.1m $54.5m | Reduced -59.8k |
| TRUSTMARK BANK TRUST DEPARTMENT 3.29% of their portfolio | 1.0m $52.1m | Added +73.7k |
| TRUIST FINANCIAL CORP 0.07% of their portfolio | 1.0m $51.6m | Reduced -16.8k |
| 1832 Asset Management L.P. 0.05% of their portfolio | 793.0k $40.3m | Added +6.6k |
| BARINGS LLC 0.73% of their portfolio | 780.0k $39.7m | Unchanged |
| OSAIC HOLDINGS, INC. 0.06% of their portfolio | 768.8k $39.1m | Reduced -121.7k |
| Verdence Capital Advisors LLC 2.31% of their portfolio | 767.9k $39.1m | Added +1.1k |
| Demars Financial Group, LLC 12.20% of their portfolio | 716.5k $36.4m | Reduced -28.6k |
| MCMORGAN & CO LLC 5.60% of their portfolio | 665.1k $33.8m | Added +104.9k |
| LJI Wealth Management, LLC 5.09% of their portfolio | 655.3k $33.3m | Added +149.1k |
| Destination Wealth Management 0.86% of their portfolio | 645.9k $32.8m | Added +94.2k |
| Financial Sense Advisors, Inc. 5.86% of their portfolio | 617.6k $31.4m | Reduced -89.8k |
| Focus Partners Wealth 0.03% of their portfolio | 598.6k $30.4m | Added +587.5k |
| Cambridge Investment Research Advisors, Inc. 0.08% of their portfolio | 569.6k $29.0m | Added +28.5k |
| Towercrest Capital Management 4.52% of their portfolio | 562.9k $28.6m | Added +5.2k |
| Occidental Asset Management, LLC 3.40% of their portfolio | 556.5k $28.3m | Reduced -40.2k |
| Walker Financial Services, Inc. 10.10% of their portfolio | 547.8k $27.9m | Added +108.4k |
| TriaGen Wealth Management LLC 6.44% of their portfolio | 489.5k $24.9m | Added +282.4k |
| US BANCORP \DE\ 0.03% of their portfolio | 481.7k $24.5m | Added +22.7k |
| HighTower Advisors, LLC 0.03% of their portfolio | 471.2k $24.0m | Reduced -90.4k |
| MML INVESTORS SERVICES, LLC 0.05% of their portfolio | 438.9k $22.3m | Added +16.6k |
| CAPE COD FIVE CENTS SAVINGS BANK 2.02% of their portfolio | 432.8k $22.1m | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio | 421.9k $21.5m | Added +12.4k |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.13% of their portfolio | 418.3k $21.3m | Added +312.2k |
| LaFleur & Godfrey LLC 2.50% of their portfolio | 405.6k $20.6m | Added +19.5k |
| Diversified Portfolios, Inc. 1.70% of their portfolio | 402.4k $20.5m | Reduced -56.0k |
| Willis Johnson & Associates, Inc. 1.25% of their portfolio | 399.8k $20.3m | Reduced -94.5k |
| Modera Wealth Management, LLC 0.23% of their portfolio | 388.9k $19.8m | Reduced -24.2k |
| MILESTONE ASSET MANAGEMENT, LLC 3.52% of their portfolio | 367.2k $18.7m | Added +350.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 367.1k $18.7m | Reduced -16.7k |
| Avior Wealth Management, LLC 0.57% of their portfolio | 362.4k $18.4m | Added +122.4k |
| Proficio Capital Partners LLC 1.25% of their portfolio | 351.4k $17.9m | Added +197.1k |
| CWM, LLC 0.05% of their portfolio | 331.4k $16.9m | Reduced -6.1k |
| Mariner, LLC 0.02% of their portfolio | 316.1k $16.1m | Added +6.8k |
| GUGGENHEIM CAPITAL LLC 0.12% of their portfolio | 308.8k $15.7m | Reduced -5.7k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 308.6k $15.7m | Added +7.4k |
| CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio | 302.2k $15.4m | Reduced -8.8k |
| RFG Advisory, LLC 0.29% of their portfolio | 301.1k $15.3m | Added +24.2k |
| Sigma Planning Corp 0.42% of their portfolio | 300.2k $15.3m | Reduced -19.9k |
| Kestra Advisory Services, LLC 0.06% of their portfolio | 279.9k $14.2m | Added +100.2k |
| Alliance Wealth Management Group 3.08% of their portfolio | 276.2k $14.0m | Added +4.2k |
| Florida Trust Wealth Management Co 0.39% of their portfolio | 275.5k $14.0m | Reduced -57.3k |
| Merit Financial Group, LLC 0.11% of their portfolio | 270.3k $13.7m | Added +163.0k |
| Colonial Trust Advisors 1.02% of their portfolio | 265.9k $13.5m | Reduced -16.5k |
| FINANCIAL ADVISORY PARTNERS, LLC 3.75% of their portfolio | 261.3k $13.3m | Added +27.2k |
| Cascade Wealth Advisors, Inc 5.94% of their portfolio | 252.3k $12.9m | Added +5.6k |
| Turning Point Benefit Group, Inc. 6.62% of their portfolio | 249.3k $12.7m | Added +70.9k |
| SAX WEALTH ADVISORS, LLC 0.59% of their portfolio | 244.9k $12.5m | Added +136.0k |
| Rezny Wealth Management, Inc. 2.38% of their portfolio | 232.0k $11.8m | Reduced -28.3k |
| PARSONS CAPITAL MANAGEMENT INC/RI 0.64% of their portfolio | 229.1k $11.7m | Added +25.9k |
| Ifrah Financial Services, Inc. 2.89% of their portfolio | 220.9k $11.2m | Added +4.5k |
| Equitable Holdings, Inc. 0.08% of their portfolio | 217.8k $11.1m | Reduced -28.1k |
| Rockefeller Capital Management L.P. 0.02% of their portfolio | 212.9k $10.8m | Added +68.3k |
| SCOTIA CAPITAL INC. 0.04% of their portfolio | 205.3k $10.4m | Reduced -395 |
| JAMES INVESTMENT RESEARCH, INC. 1.11% of their portfolio | 199.7k $10.2m | Added +46.6k |
| HOGE FINANCIAL SERVICES, LLC 5.32% of their portfolio | 194.1k $9.9m | Added +19.4k |
| Apollon Wealth Management, LLC 0.17% of their portfolio | 192.5k $9.8m | Added +11.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 187.2k $9.5m | Reduced -54.3k |
| Cadence Bank 0.56% of their portfolio | 187.0k $9.5m | Added +9.9k |
| Grey Ledge Advisors, LLC 2.14% of their portfolio | 186.5k $9.5m | Added +13.9k |
| Alpha Zero LLC 5.16% of their portfolio | 185.6k $9.4m | Added +12.1k |
| CARY STREET PARTNERS FINANCIAL LLC 0.23% of their portfolio | 185.5k $9.4m | Added +7.6k |
| OneDigital Investment Advisors LLC 0.09% of their portfolio | 184.8k $9.4m | Reduced -5.1k |
| Corient Private Wealth LP 0.01% of their portfolio | 183.4k $9.3m | Added +88.6k |
| Piedmont Capital Management, LLC 4.74% of their portfolio | 182.6k $9.3m | Added +5.9k |
| Chesley Taft & Associates LLC 0.37% of their portfolio | 182.2k $9.3m | Added +20.6k |
| CreativeOne Wealth, LLC 0.22% of their portfolio | 179.1k $9.1m | Reduced -2.2k |
| CAPITAL ADVISORY GROUP ADVISORY SERVICES, LLC 2.65% of their portfolio | 177.5k $9.0m | Added +1.4k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 171.5k $8.7m | Reduced -134.0k |
| Perennial Advisors, LLC 1.46% of their portfolio | 171.2k $8.7m | Added +7.9k |
| Windsor Capital Management, LLC 2.37% of their portfolio | 168.7k $8.6m | Reduced -795 |
| Single Point Partners, LLC 1.69% of their portfolio | 167.9k $8.5m | Added +10.7k |
| Penobscot Investment Management Company, Inc. 0.64% of their portfolio | 167.4k $8.5m | Added +25.2k |
| Prime Capital Investment Advisors, LLC 0.10% of their portfolio | 166.7k $8.5m | Added +1.8k |
| Orange Investment Advisors, Inc. 0.92% of their portfolio | 163.9k $8.3m | Reduced -1.8k |
| Baird Financial Group, Inc. 0.01% of their portfolio | 163.0k $8.3m | Added +50.4k |
| Sierra Capital LLC 0.86% of their portfolio | 160.1k $8.1m | Reduced -34.0k |
| HOHIMER WEALTH MANAGEMENT, LLC 1.08% of their portfolio | 157.1k $8.0m | Added +147.8k |