Vault-13

ISHARES TR HDV

CORE HIGH DV ETF · ETP · CUSIP 46429B663

784 institutional holders +22 vs Q2 2025
41,359,49441.4m shares reported held*
$5.1bnreported value*
63 new 290 added 251 reduced 37 sold out net bought ≈ $86.5m (+701.7k 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 ($12.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $122.47. Options: 3 managers hold calls ($101.6m notional), 1 hold puts ($2.1m).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 711Q4 22: 752Q1 23: 722Q2 23: 717Q3 23: 706Q4 23: 730Q1 24: 717Q2 24: 710Q3 24: 740Q4 24: 782Q1 25: 780Q2 25: 762Q3 25: 784784Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022711
Q4 2022752
Q1 2023722
Q2 2023717
Q3 2023706
Q4 2023730
Q1 2024717
Q2 2024710
Q3 2024740
Q4 2024782
Q1 2025780
Q2 2025762
Q3 2025784

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 23: 267 bought or addedQ4 23: 350 cut or sold outQ1 24: 294 bought or addedQ1 24: 335 cut or sold outQ1 24Q2 24: 274 bought or addedQ2 24: 314 cut or sold outQ3 24: 347 bought or addedQ3 24: 265 cut or sold outQ3 24Q4 24: 299 bought or addedQ4 24: 323 cut or sold outQ1 25: 327 bought or addedQ1 25: 324 cut or sold outQ1 25Q2 25: 320 bought or addedQ2 25: 316 cut or sold outQ3 25: 353 bought or addedQ3 25: 288 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023267350
Q1 2024294335
Q2 2024274314
Q3 2024347265
Q4 2024299323
Q1 2025327324
Q2 2025320316
Q3 2025353288

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ4 24 calls: $10.3mQ4 24 puts: $1.4mQ4 24P/C 0.13Q1 25 calls: $105.9mQ1 25 puts: $1.4mQ1 25P/C 0.01Q2 25 calls: $101.5mQ2 25 puts: $1.6mQ2 25P/C 0.02Q3 25 calls: $101.6mQ3 25 puts: $2.1mQ3 25P/C 0.02
Numbers
QuarterCallsPutsP/C
Q4 2024$10.3m$1.4m0.13
Q1 2025$105.9m$1.4m0.01
Q2 2025$101.5m$1.6m0.02
Q3 2025$101.6m$2.1m0.02

Biggest buyers

JPMORGAN CHASE & CO Added +1,352,839+1.4m
BNP PARIBAS FINANCIAL MARKETS Added +199,464+199.5k
Cetera Investment Advisers Added +148,975+149.0k
Thrivent Financial for Lutherans Added +126,275+126.3k
WELLS FARGO & COMPANY/MN Added +90,307+90.3k
Atwater Malick LLC Added +88,887+88.9k
JONES FINANCIAL COMPANIES LLLP Added +88,017+88.0k
IFP Advisors, Inc Added +73,174+73.2k
AMERIPRISE FINANCIAL INC Added +70,191+70.2k
Sanctuary Advisors, LLC Added +65,719+65.7k

Biggest sellers

ROYAL BANK OF CANADA Reduced -1,215,455-1.2m
Rockefeller Capital Management L.P. Reduced -205,333-205.3k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -184,572-184.6k
Capital Advisors Wealth Management, LLC Reduced -79,057-79.1k
PFG Advisors Reduced -64,280-64.3k
BANK OF AMERICA CORP /DE/ Reduced -54,999-55.0k
Townsend & Associates, Inc Reduced -53,334-53.3k
Kentucky Farm Bureau Mutual Insurance Co Sold out -50,000-50.0k
SteelPeak Wealth, LLC Sold out -45,119-45.1k
TRUIST FINANCIAL CORP Reduced -44,671-44.7k

Biggest calls

CITADEL ADVISORS LLC Reduced $84.2m687.5k shares
JANE STREET GROUP, LLC Added $10.2m83.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $7.2m59.1k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.1m17.3k 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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 4,446,8724.4m $544.5m $544.5m 0.04% Reduced -55.0k -54,999
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 3,320,9343.3m $406.6m $406.6m 0.02% Added +21.2k +21,168
3 LPL Financial LLC 0.10% of their portfolio FORT MILL, SC 2,820,1142.8m $345.3m $345.3m 0.10% Added +56.8k +56,800
4 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,556,5002.6m $313.0m $313.0m 0.01% Added +1.4m +1,352,839
5 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,398,2251.4m $171.2m $171.2m 0.03% Reduced -21.1k -21,145
6 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 1,372,4181.4m $168.1m $168.1m 0.03% Added +90.3k +90,307
7 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 1,151,7691.2m $141.0m $141.0m 0.03% Reduced -1.2m -1,215,455
8 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 906,078906.1k $110.9m $110.9m 0.04% Reduced -12.4k -12,413
9 Janney Montgomery Scott LLC 0.23% of their portfolio PHILADELPHIA, PA 790,501790.5k $96.8m $96.8m 0.23% Added +11.9k +11,896
10 SECURIAN ASSET MANAGEMENT, INC 2.53% of their portfolio ST PAUL, MN 778,802778.8k $95.4m $95.4m 2.53% Added +15.0k +15,000
11 JONES FINANCIAL COMPANIES LLLP 0.06% of their portfolio DES PERES, MO 741,637741.6k $90.7m $90.7m 0.06% Added +88.0k +88,017
12 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 733,147733.1k $89.8m $89.8m 0.03% Reduced -37.7k -37,708
13 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 707,868707.9k $86.6m $86.6m 0.02% Added +70.2k +70,191
14 M&T Bank Corp 0.29% of their portfolio BUFFALO, NY 702,611702.6k $86.0m $86.0m 0.29% Reduced -39.8k -39,776
15 BlackRock, Inc. 0.00% of their portfolio New York, NY 679,683679.7k $83.2m $83.2m 0.00% Added +16.0k +16,028
16 COMMONWEALTH EQUITY SERVICES, LLC 0.10% of their portfolio WALTHAM, MA 653,287653.3k $80.0m $80.0m 0.10% Reduced -184.6k -184,572
17 TRUIST FINANCIAL CORP 0.10% of their portfolio CHARLOTTE, NC 591,739591.7k $72.5m $72.5m 0.10% Reduced -44.7k -44,671
18 Cetera Investment Advisers 0.07% of their portfolio SCHAUMBURG, IL 508,953509.0k $62.3m $62.3m 0.07% Added +149.0k +148,975
19 FMR LLC 0.00% of their portfolio BOSTON, MA 507,555507.6k $62.2m $62.2m 0.00% Reduced -18.2k -18,204
20 Mariner, LLC 0.07% of their portfolio Overland Park, KS 455,940455.9k $55.8m $55.8m 0.07% Added +1.4k +1,389
21 LBMC INVESTMENT ADVISORS, LLC 3.55% of their portfolio BRENTWOOD, TN 455,280455.3k $55.7m $55.7m 3.55% Reduced -3.4k -3,371
22 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 348,515348.5k $42.9m $42.9m 0.06% Added +16.3k +16,262
23 MML INVESTORS SERVICES, LLC 0.11% of their portfolio SPRINGFIELD, MA 324,358324.4k $39.7m $39.7m 0.11% Reduced -3.0k -3,002
24 Townsend & Associates, Inc 3.50% of their portfolio WESTMINSTER, CO 302,295302.3k $36.9m $36.9m 3.50% Reduced -53.3k -53,334
25 Steward Partners Investment Advisory, LLC 0.21% of their portfolio STAMFORD, CT 292,238292.2k $35.8m $35.8m 0.21% Added +5.0k +5,025
26 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 267,745267.7k $32.8m $32.8m 0.01% Added +11.6k +11,616
27 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.05% of their portfolio PLYMOUTH, MN 259,160259.2k $31.7m $31.7m 0.05% Added +9.5k +9,539
28 SBI Securities Co., Ltd. 0.76% of their portfolio TOKYO, M0 242,755242.8k $29.7m $29.7m 0.76% Reduced -154 -154
29 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 236,899236.9k $29.0m $29.0m 0.02% Added +281 +281
30 REGIMEN WEALTH, LLC 8.28% of their portfolio ATLANTA, GA 227,925227.9k $27.9m $27.9m 8.28% Added +48 +48
31 DAVENPORT & Co LLC 0.14% of their portfolio RICHMOND, VA 209,055209.1k $25.6m $25.6m 0.14% Added +22.9k +22,862
32 Simmons Bank 1.65% of their portfolio Pine Bluff, AR 202,002202.0k $24.7m $24.7m 1.65% Added +1.1k +1,089
33 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 200,411200.4k $24.5m $24.5m 0.02% Added +199.5k +199,464
34 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 195,289195.3k $23.9m $23.9m 0.05% Reduced -205.3k -205,333
35 CWM, LLC 0.07% of their portfolio OMAHA, NE 195,053195.1k $23.9m $23.9m 0.07% Added +12.4k +12,362
36 Wharton Business Group, LLC 1.02% of their portfolio MALVERN, PA 190,163190.2k $23.3m $23.3m 1.02% Reduced -5.2k -5,170
37 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 179,277179.3k $22.0m $22.0m 0.02% Added +7.0k +7,020
38 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 178,533178.5k $21.9m $21.9m 0.02% Reduced -3.4k -3,376
39 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 176,950176.9k $21.7m $21.7m 0.06% Added +20.0k +20,016
40 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 175,421175.4k $21.5m $21.5m 0.00% Added +32.4k +32,370
41 Advisory Services Network, LLC 0.31% of their portfolio ATLANTA, GA 175,123175.1k $21.4m $21.4m 0.31% Added +33.5k +33,503
42 VAUGHAN & Co SECURITIES, INC. 11.31% of their portfolio Ridgewood, NJ 173,894173.9k $21.3m $21.3m 11.31% Added +6.4k +6,362
43 Kestra Advisory Services, LLC 0.10% of their portfolio AUSTIN, TX 173,131173.1k $21.2m $21.2m 0.10% Added +20 +20
44 Waverly Advisors, LLC 0.21% of their portfolio BIRMINGHAM, AL 169,619169.6k $20.8m $20.8m 0.21% Reduced -5.9k -5,893
45 Meiji Yasuda Life Insurance Co 0.58% of their portfolio TOKYO, M0 166,097166.1k $20.3m $20.3m 0.58% Unchanged
46 COMERICA BANK 0.08% of their portfolio DALLAS, TX 164,945164.9k $20.2m $20.2m 0.08% Added +5.0k +4,971
47 HB Wealth Management, LLC 0.13% of their portfolio Atlanta, GA 161,637161.6k $19.8m $19.8m 0.13% Added +741 +741
48 Kohmann Bosshard Financial Services, LLC 1.98% of their portfolio FAIRLAWN, OH 157,585157.6k $19.3m $19.3m 1.98% Reduced -1.3k -1,299
49 SWEENEY & MICHEL, LLC 6.00% of their portfolio CHICO, CA 148,001148.0k $17.9m $17.9m 6.00% Added +246 +246
50 IFP Advisors, Inc 0.46% of their portfolio TAMPA, FL 143,996144.0k $17.6m $17.6m 0.46% Added +73.2k +73,174
51 Orion Porfolio Solutions, LLC 0.13% of their portfolio OMAHA, NE 140,383140.4k $17.2m $17.2m 0.13% Added +50.5k +50,501
52 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 134,948134.9k $16.5m $16.5m 0.03% Added +126.3k +126,275
53 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 123,294123.3k $15.1m $15.1m 0.02% Reduced -6.1k -6,107
54 Columbia River Financial Group, LLC 8.75% of their portfolio VANCOUVER, WA 118,394118.4k $14.2m $14.2m 8.75% Added +2.9k +2,863
55 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 107,188107.2k $13.1m $13.1m 0.06% Added +5.9k +5,922
56 Lantz Financial LLC 2.86% of their portfolio NAPERVILLE, IL 105,492105.5k $12.9m $12.9m 2.86% Added +2.8k +2,829
57 Kapstone Financial Advisors LLC 5.81% of their portfolio LEBANON, OH 100,730100.7k $12.3m $12.3m 5.81% Added +979 +979
58 Sanctuary Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 100,468100.5k $12.2m $12.2m 0.04% Added +65.7k +65,719
59 Atwater Malick LLC 3.51% of their portfolio LANCASTER, PA 98,77998.8k $12.1m $12.1m 3.51% Added +88.9k +88,887
60 Wealthspire Advisors, LLC 0.06% of their portfolio NEW YORK, NY 97,29597.3k $11.9m $11.9m 0.06% Added +4.9k +4,915
61 Global Strategic Investment Solutions, LLC 1.16% of their portfolio Scottsdale, AZ 94,69694.7k $11.6m $11.6m 1.16% Added +510 +510
62 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 90,61390.6k $11.1m $11.1m 0.02% Reduced -1.2k -1,243
63 NTV Asset Management LLC 1.20% of their portfolio Charleston, WV 90,13390.1k $11.0m $11.0m 1.20% Added +57 +57
64 Glenmede Investment Management, LP 0.05% of their portfolio PHILADELPHIA, PA 89,05589.1k $10.9m $10.9m 0.05% Added +3.3k +3,324
65 Atria Investments, Inc 0.12% of their portfolio Charlotte, NC 88,83488.8k $10.9m $10.9m 0.12% Reduced -1.6k -1,598
66 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.03% of their portfolio LOS ANGELES, CA 87,41887.4k $10.7m $10.7m 0.03% Reduced -1.1k -1,085
67 FAS Wealth Partners, Inc. 0.70% of their portfolio LEAWOOD, KS 84,42684.4k $10.3m $10.3m 0.70% Added +577 +577
68 COURIER CAPITAL LLC 0.57% of their portfolio BUFFALO, NY 81,85981.9k $10.0m $10.0m 0.57% Added +9.1k +9,054
69 Beaumont Financial Advisors, LLC 0.65% of their portfolio NEEDHAM, MA 78,81978.8k $9.7m $9.7m 0.65% Reduced -1.1k -1,067
70 Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 1.50% of their portfolio FORT WORTH, TX 76,50476.5k $9.4m $9.4m 1.50% Reduced -8.9k -8,860
71 Financial Perspectives, Inc 2.48% of their portfolio MINNEAPOLIS, MN 73,11573.1k $9.0m $9.0m 2.48% Added +1.3k +1,263
72 Lido Advisors, LLC 0.04% of their portfolio Los Angeles, CA 72,18872.2k $8.8m $8.8m 0.04% Reduced -4.3k -4,265
73 REGIONS FINANCIAL CORP 0.03% of their portfolio BIRMINGHAM, AL 69,76369.8k $8.5m $8.5m 0.03% Reduced -77 -77
74 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 68,89968.9k $8.4m $8.4m 0.01% Reduced -4.8k -4,779
75 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 67,60467.6k $8.3m $8.3m 0.01% Reduced -38.5k -38,489
76 Smithfield Trust Co 0.37% of their portfolio PITTSBURGH, PA 67,03367.0k $8.2m $8.2m 0.37% Reduced -440 -440
77 CITIZENS FINANCIAL GROUP INC/RI 0.11% of their portfolio PROVIDENCE, RI 65,07765.1k $8.0m $8.0m 0.11% Added +2.1k +2,068
78 Gunma Bank,Ltd. 2.49% of their portfolio GUNMA, M0 65,00065.0k $8.0m $8.0m 2.49% Unchanged
79 Advus Financial Partners, LLC 1.87% of their portfolio WINTER PARK, FL 63,76263.8k $7.8m $7.8m 1.87% Reduced -2.1k -2,108
80 Base Wealth Management LLC 4.40% of their portfolio LAKEWOOD RANCH, FL 62,99963.0k $7.7m $7.7m 4.40% Reduced -10.3k -10,339
81 Global Retirement Partners, LLC 0.16% of their portfolio San Rafael, CA 59,69859.7k $7.3m $7.3m 0.16% Added +8.8k +8,776
82 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 58,25058.2k $7.1m $7.1m 0.00% Added +830 +830
83 Advisor OS, LLC 0.60% of their portfolio CHICAGO, IL 57,14757.1k $7.0m $7.0m 0.60% Added +4.0k +3,989
84 Sigma Planning Corp 0.20% of their portfolio ANN ARBOR, MI 56,97957.0k $7.0m $7.0m 0.20% Added +2.2k +2,167
85 COWA, LLC 2.26% of their portfolio Tulsa, OK 55,70255.7k $6.8m $6.8m 2.26% Added +1.3k +1,320
86 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 55,41655.4k $6.8m $6.8m 0.00% Reduced -506 -506
87 OLD NATIONAL BANCORP /IN/ 0.11% of their portfolio EVANSVILLE, IN 54,62054.6k $6.7m $6.7m 0.11% Added +4.2k +4,158
88 MJP ASSOCIATES INC /ADV 0.88% of their portfolio FARMINGTON, CT 54,59354.6k $6.7m $6.7m 0.88% Added +641 +641
89 LEVEL FOUR ADVISORY SERVICES, LLC 0.23% of their portfolio DALLAS, TX 54,27954.3k $6.6m $6.6m 0.23% Reduced -838 -838
90 Maltin Wealth Management, Inc. 2.71% of their portfolio RIDGEWOOD, NJ 53,39853.4k $6.5m $6.5m 2.71% Added +2.5k +2,523
91 Gray Private Wealth, LLC 3.10% of their portfolio CANTON, MA 50,12350.1k $6.1m $6.1m 3.10% Added +884 +884
92 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 49,25949.3k $6.0m $6.0m 0.00% Reduced -2.0k -1,982
93 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 48,44448.4k $5.9m $5.9m 0.01% Added +13.7k +13,680
94 Summit Wealth Partners, LLC 1.06% of their portfolio Orlando, FL 48,01048.0k $5.9m $5.9m 1.06% Reduced -679 -679
95 Foundry Financial Group, Inc. 3.00% of their portfolio LACONIA, NH 46,60646.6k $5.7m $5.7m 3.00% Added +902 +902
96 Farther Finance Advisors, LLC 0.09% of their portfolio SAN FRANCISCO, CA 46,09046.1k $5.6m $5.6m 0.09% Added +25.0k +24,982
97 Sunbelt Securities, Inc. 0.38% of their portfolio HOUSTON, TX 44,81544.8k $5.5m $5.5m 0.38% Added +5.9k +5,924
98 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 44,56344.6k $5.5m $5.5m 0.01% Added +892 +892
99 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 43,97944.0k $5.4m $5.4m 0.01% Added +28.0k +28,042
100 Janney Capital Management LLC 0.33% of their portfolio PITTSBURGH, PA 43,59343.6k $5.3m $5.3m 0.33% Added +200 +200