Vault-13

ISHARES TR HDV

CORE HIGH DV ETF · ETP · CUSIP 46429B663

812 institutional holders +28 vs Q3 2025
42,871,91042.9m shares reported held*
$5.2bnreported value*
48 new 321 added 230 reduced 51 sold out net bought ≈ $144.4m (+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 ($16.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $121.77. Options: 3 managers hold calls ($72.7m notional), 2 hold puts ($1.2m).

Trends to Q4 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: 784Q4 25: 812812Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025812

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 294 bought or addedQ1 24: 335 cut or sold outQ2 24: 274 bought or addedQ2 24: 314 cut or sold outQ2 24Q3 24: 347 bought or addedQ3 24: 265 cut or sold outQ4 24: 299 bought or addedQ4 24: 323 cut or sold outQ4 24Q1 25: 327 bought or addedQ1 25: 324 cut or sold outQ2 25: 320 bought or addedQ2 25: 316 cut or sold outQ2 25Q3 25: 353 bought or addedQ3 25: 288 cut or sold outQ4 25: 369 bought or addedQ4 25: 281 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024294335
Q2 2024274314
Q3 2024347265
Q4 2024299323
Q1 2025327324
Q2 2025320316
Q3 2025353288
Q4 2025369281

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ1 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 0.02Q4 25 calls: $72.7mQ4 25 puts: $1.2mQ4 25P/C 0.02
Numbers
QuarterCallsPutsP/C
Q1 2025$105.9m$1.4m0.01
Q2 2025$101.5m$1.6m0.02
Q3 2025$101.6m$2.1m0.02
Q4 2025$72.7m$1.2m0.02

Biggest buyers

BNP PARIBAS FINANCIAL MARKETS Added +400,223+400.2k
Engineers Gate Manager LP New +231,014+231.0k
Corient Private Wealth LP Added +209,637+209.6k
WELLS FARGO & COMPANY/MN Added +174,193+174.2k
ENVESTNET ASSET MANAGEMENT INC Added +164,856+164.9k
MILLENNIUM MANAGEMENT LLC New +141,786+141.8k
JONES FINANCIAL COMPANIES LLLP Added +129,843+129.8k
LPL Financial LLC Added +111,853+111.9k
Cerity Partners LLC Added +104,191+104.2k
ROYAL BANK OF CANADA Added +99,792+99.8k

Biggest sellers

JPMORGAN CHASE & CO Reduced -1,335,752-1.3m
CWM, LLC Reduced -117,879-117.9k
GOLDMAN SACHS GROUP INC Reduced -73,833-73.8k
Sanctuary Advisors, LLC Reduced -49,346-49.3k
Forefront Wealth Partners, LLC Sold out -38,137-38.1k
Gallagher Capital Advisors, LLC Sold out -30,600-30.6k
Creative Planning Reduced -24,578-24.6k
SECURIAN ASSET MANAGEMENT, INC Reduced -24,000-24.0k
RENAISSANCE TECHNOLOGIES LLC Reduced -23,200-23.2k
CITADEL ADVISORS LLC Sold out -20,160-20.2k

Biggest calls

CITADEL ADVISORS LLC Reduced $55.5m456.0k shares
JANE STREET GROUP, LLC Added $15.1m124.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.2m17.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $863.4k7.1k shares
CITADEL ADVISORS LLC New $304.0k2.5k 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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 4,516,5934.5m $549.3m $549.3m 0.04% Added +69.7k +69,721
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 3,380,1923.4m $411.1m $411.1m 0.02% Added +59.3k +59,258
3 LPL Financial LLC 0.10% of their portfolio FORT MILL, SC 2,931,9672.9m $356.6m $356.6m 0.10% Added +111.9k +111,853
4 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 1,546,6111.5m $188.1m $188.1m 0.04% Added +174.2k +174,193
5 UBS Group AG 0.04% of their portfolio ZURICH, V8 1,461,0751.5m $177.7m $177.7m 0.04% Added +62.9k +62,850
6 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 1,251,5611.3m $152.2m $152.2m 0.03% Added +99.8k +99,792
7 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,220,7481.2m $148.5m $148.5m 0.01% Reduced -1.3m -1,335,752
8 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 974,262974.3k $118.5m $118.5m 0.04% Added +68.2k +68,184
9 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 898,003898.0k $109.2m $109.2m 0.03% Added +164.9k +164,856
10 JONES FINANCIAL COMPANIES LLLP 0.06% of their portfolio DES PERES, MO 871,480871.5k $106.0m $106.0m 0.06% Added +129.8k +129,843
11 Janney Montgomery Scott LLC 0.23% of their portfolio PHILADELPHIA, PA 830,428830.4k $101.0m $101.0m 0.23% Added +39.9k +39,927
12 SECURIAN ASSET MANAGEMENT, INC 3.48% of their portfolio ST PAUL, MN 754,802754.8k $91.8m $91.8m 3.48% Reduced -24.0k -24,000
13 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 738,879738.9k $89.9m $89.9m 0.02% Added +31.0k +31,011
14 M&T Bank Corp 0.27% of their portfolio BUFFALO, NY 687,570687.6k $83.6m $83.6m 0.27% Reduced -15.0k -15,041
15 BlackRock, Inc. 0.00% of their portfolio New York, NY 682,039682.0k $82.9m $82.9m 0.00% Added +2.4k +2,356
16 COMMONWEALTH EQUITY SERVICES, LLC 0.10% of their portfolio WALTHAM, MA 643,678643.7k $78.3m $78.3m 0.10% Reduced -9.6k -9,609
17 BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio PARIS, I0 600,634600.6k $73.0m $73.0m 0.05% Added +400.2k +400,223
18 TRUIST FINANCIAL CORP 0.10% of their portfolio CHARLOTTE, NC 592,028592.0k $72.0m $72.0m 0.10% Added +289 +289
19 Cetera Investment Advisers 0.07% of their portfolio SCHAUMBURG, IL 541,012541.0k $65.8m $65.8m 0.07% Added +32.1k +32,059
20 FMR LLC 0.00% of their portfolio BOSTON, MA 493,518493.5k $60.0m $60.0m 0.00% Reduced -14.0k -14,037
21 LBMC INVESTMENT ADVISORS, LLC 3.42% of their portfolio BRENTWOOD, TN 456,776456.8k $55.5m $55.5m 3.42% Added +1.5k +1,496
22 Mariner, LLC 0.06% of their portfolio Overland Park, KS 439,559439.6k $53.5m $53.5m 0.06% Reduced -16.4k -16,381
23 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 377,534377.5k $45.9m $45.9m 0.07% Added +29.0k +29,019
24 MML INVESTORS SERVICES, LLC 0.09% of their portfolio SPRINGFIELD, MA 307,257307.3k $37.4m $37.4m 0.09% Reduced -17.1k -17,101
25 Townsend & Associates, Inc 3.45% of their portfolio WESTMINSTER, CO 304,637304.6k $38.7m $38.7m 3.45% Added +2.3k +2,342
26 Steward Partners Investment Advisory, LLC 0.20% of their portfolio STAMFORD, CT 296,114296.1k $36.0m $36.0m 0.20% Added +3.9k +3,876
27 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 278,348278.3k $33.8m $33.8m 0.02% Added +41.4k +41,449
28 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 273,247273.2k $33.2m $33.2m 0.01% Added +5.5k +5,502
29 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 266,753266.8k $32.5m $32.5m 0.04% Added +7.6k +7,593
30 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 253,616253.6k $30.8m $30.8m 0.02% Added +209.6k +209,637
31 SBI Securities Co., Ltd. 0.74% of their portfolio TOKYO, M0 237,854237.9k $28.9m $28.9m 0.74% Reduced -4.9k -4,901
32 Engineers Gate Manager LP 0.33% of their portfolio NEW YORK, NY 231,014231.0k $28.1m $28.1m 0.33% New
33 REGIMEN WEALTH, LLC 8.14% of their portfolio ATLANTA, GA 228,736228.7k $27.8m $27.8m 8.14% Added +811 +811
34 DAVENPORT & Co LLC 0.15% of their portfolio RICHMOND, VA 223,516223.5k $27.2m $27.2m 0.15% Added +14.5k +14,461
35 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 206,215206.2k $25.1m $25.1m 0.05% Added +10.9k +10,926
36 Simmons Bank 1.59% of their portfolio Pine Bluff, AR 195,994196.0k $23.8m $23.8m 1.59% Reduced -6.0k -6,008
37 IFP Advisors, Inc 0.53% of their portfolio TAMPA, FL 193,356193.4k $23.5m $23.5m 0.53% Added +49.4k +49,360
38 Wharton Business Group, LLC 0.88% of their portfolio MALVERN, PA 191,023191.0k $23.2m $23.2m 0.88% Added +860 +860
39 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 186,697186.7k $22.7m $22.7m 0.02% Added +7.4k +7,420
40 VAUGHAN & Co SECURITIES, INC. 11.70% of their portfolio Ridgewood, NJ 186,061186.1k $22.6m $22.6m 11.70% Added +12.2k +12,167
41 Kestra Advisory Services, LLC 0.09% of their portfolio AUSTIN, TX 185,484185.5k $22.6m $22.6m 0.09% Added +12.4k +12,353
42 Advisory Services Network, LLC 0.31% of their portfolio ATLANTA, GA 182,353182.4k $22.2m $22.2m 0.31% Added +7.2k +7,230
43 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 173,203173.2k $21.1m $21.1m 0.06% Reduced -3.7k -3,747
44 Meiji Yasuda Life Insurance Co 0.59% of their portfolio TOKYO, M0 166,097166.1k $20.2m $20.2m 0.59% Unchanged
45 COMERICA BANK 0.08% of their portfolio DALLAS, TX 164,676164.7k $20.0m $20.0m 0.08% Reduced -269 -269
46 Waverly Advisors, LLC 0.16% of their portfolio BIRMINGHAM, AL 163,289163.3k $19.9m $19.9m 0.16% Reduced -6.3k -6,330
47 Kohmann Bosshard Financial Services, LLC 1.75% of their portfolio FAIRLAWN, OH 160,664160.7k $19.5m $19.5m 1.75% Added +3.1k +3,079
48 HB Wealth Management, LLC 0.13% of their portfolio Atlanta, GA 158,665158.7k $19.3m $19.3m 0.13% Reduced -3.0k -2,972
49 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 153,955154.0k $18.7m $18.7m 0.01% Reduced -24.6k -24,578
50 SWEENEY & MICHEL, LLC 6.27% of their portfolio CHICO, CA 152,699152.7k $21.3m $21.3m 6.27% Added +4.7k +4,698
51 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 152,635152.6k $18.6m $18.6m 0.03% Added +104.2k +104,191
52 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 147,189147.2k $18.0m $18.0m 0.03% Added +12.2k +12,241
53 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 141,786141.8k $17.2m $17.2m 0.01% New
54 Orion Porfolio Solutions, LLC 0.12% of their portfolio OMAHA, NE 137,115137.1k $16.7m $16.7m 0.12% Reduced -3.3k -3,268
55 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 123,773123.8k $15.1m $15.1m 0.02% Added +479 +479
56 Columbia River Financial Group, LLC 9.21% of their portfolio VANCOUVER, WA 123,359123.4k $15.0m $15.0m 9.21% Added +5.0k +4,965
57 Atwater Malick LLC 4.09% of their portfolio LANCASTER, PA 121,921121.9k $14.8m $14.8m 4.09% Added +23.1k +23,142
58 Lantz Financial LLC 2.81% of their portfolio NAPERVILLE, IL 109,545109.5k $13.3m $13.3m 2.81% Added +4.1k +4,053
59 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 108,085108.1k $13.1m $13.1m 0.06% Added +897 +897
60 Adirondack Capital Advisors, LLC 8.58% of their portfolio SYRACUSE, NY 104,854104.9k $12.8m $12.8m 8.58% First filing
61 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 101,588101.6k $12.4m $12.4m 0.00% Reduced -73.8k -73,833
62 Kapstone Financial Advisors LLC 6.00% of their portfolio LEBANON, OH 99,25799.3k $12.1m $12.1m 6.00% Reduced -1.5k -1,473
63 Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 1.62% of their portfolio FORT WORTH, TX 99,23999.2k $12.1m $12.1m 1.62% Added +22.7k +22,735
64 Wealthspire Advisors, LLC 0.10% of their portfolio NEW YORK, NY 98,41298.4k $12.0m $12.0m 0.10% Added +1.1k +1,117
65 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 96,55896.6k $11.7m $11.7m 0.02% Added +5.9k +5,945
66 Global Strategic Investment Solutions, LLC 1.13% of their portfolio Scottsdale, AZ 95,29995.3k $11.6m $11.6m 1.13% Added +603 +603
67 GLENMEDE TRUST CO NA 0.05% of their portfolio PHILADELPHIA, PA 91,28091.3k $11.1m $11.1m 0.05% First filing
68 FAS Wealth Partners, Inc. 0.71% of their portfolio LEAWOOD, KS 90,10990.1k $11.0m $11.0m 0.71% Added +5.7k +5,683
69 NTV Asset Management LLC 1.16% of their portfolio Charleston, WV 89,82889.8k $10.9m $10.9m 1.16% Reduced -305 -305
70 COURIER CAPITAL LLC 0.61% of their portfolio BUFFALO, NY 89,79889.8k $10.9m $10.9m 0.61% Added +7.9k +7,939
71 Atria Investments, Inc 0.12% of their portfolio Charlotte, NC 88,57488.6k $10.8m $10.8m 0.12% Reduced -260 -260
72 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.03% of their portfolio LOS ANGELES, CA 88,36188.4k $10.7m $10.7m 0.03% Added +943 +943
73 SteelPeak Wealth, LLC 0.35% of their portfolio WOODLAND HILLS, CA 86,78686.8k $10.6m $10.6m 0.35% New
74 Lido Advisors, LLC 0.04% of their portfolio Los Angeles, CA 77,60677.6k $9.5m $9.5m 0.04% Added +5.4k +5,418
75 CWM, LLC 0.03% of their portfolio OMAHA, NE 77,17477.2k $9.4m $9.4m 0.03% Reduced -117.9k -117,879
76 Smartleaf Asset Management LLC 0.35% of their portfolio BOSTON, MA 75,90875.9k $9.3m $9.3m 0.35% Added +45.1k +45,132
77 Smithfield Trust Co 0.41% of their portfolio PITTSBURGH, PA 75,72175.7k $9.2m $9.2m 0.41% Added +8.7k +8,688
78 Beaumont Financial Advisors, LLC 0.60% of their portfolio NEEDHAM, MA 75,29875.3k $9.2m $9.2m 0.60% Reduced -3.5k -3,521
79 Financial Perspectives, Inc 2.43% of their portfolio MINNEAPOLIS, MN 74,18774.2k $9.0m $9.0m 2.43% Added +1.1k +1,072
80 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 70,61970.6k $8.6m $8.6m 0.01% Added +1.7k +1,720
81 Forefront Analytics, LLC 7.44% of their portfolio WEST CONSHOHOCKEN, PA 69,30869.3k $8.4m $8.4m 7.44% Added +29.4k +29,419
82 Base Wealth Management LLC 4.50% of their portfolio LAKEWOOD RANCH, FL 68,77568.8k $8.4m $8.4m 4.50% Added +5.8k +5,776
83 Global Retirement Partners, LLC 0.14% of their portfolio San Rafael, CA 67,06167.1k $8.2m $8.2m 0.14% Added +7.4k +7,363
84 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 65,70065.7k $8.0m $8.0m 0.01% New
85 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 65,34265.3k $7.9m $7.9m 0.01% Reduced -2.3k -2,262
86 Advus Financial Partners, LLC 1.92% of their portfolio WINTER PARK, FL 65,27765.3k $7.9m $7.9m 1.92% Added +1.5k +1,515
87 REGIONS FINANCIAL CORP 0.05% of their portfolio BIRMINGHAM, AL 63,93163.9k $7.8m $7.8m 0.05% Reduced -5.8k -5,832
88 CITIZENS FINANCIAL GROUP INC/RI 0.10% of their portfolio PROVIDENCE, RI 61,93261.9k $7.5m $7.5m 0.10% Reduced -3.1k -3,145
89 Godfrey Financial Associates, Inc. 6.46% of their portfolio GLENMONT, NY 61,39261.4k $7.5m $7.5m 6.46% First filing
90 Redhawk Wealth Advisors, Inc. 0.80% of their portfolio MINNEAPOLIS, MN 58,85758.9k $7.2m $7.2m 0.80% New
91 Maltin Wealth Management, Inc. 2.78% of their portfolio RIDGEWOOD, NJ 57,55757.6k $7.0m $7.0m 2.78% Added +4.2k +4,159
92 Sigma Planning Corp 0.19% of their portfolio ANN ARBOR, MI 56,81756.8k $6.9m $6.9m 0.19% Reduced -162 -162
93 COWA, LLC 2.07% of their portfolio Tulsa, OK 55,99456.0k $6.8m $6.8m 2.07% Added +292 +292
94 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 55,37355.4k $6.7m $6.7m 0.00% Reduced -43 -43
95 Farther Finance Advisors, LLC 0.07% of their portfolio SAN FRANCISCO, CA 55,13155.1k $6.7m $6.7m 0.07% Added +9.0k +9,041
96 OLD NATIONAL BANCORP /IN/ 0.11% of their portfolio EVANSVILLE, IN 54,62054.6k $6.6m $6.6m 0.11% Unchanged
97 Advisor OS, LLC 0.53% of their portfolio CHICAGO, IL 54,09154.1k $6.6m $6.6m 0.53% Reduced -3.1k -3,056
98 LEVEL FOUR ADVISORY SERVICES, LLC 0.21% of their portfolio DALLAS, TX 53,96454.0k $6.6m $6.6m 0.21% Reduced -315 -315
99 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 53,73253.7k $6.5m $6.5m 0.00% Reduced -4.5k -4,518
100 MJP ASSOCIATES INC /ADV 0.81% of their portfolio FARMINGTON, CT 53,26853.3k $6.5m $6.5m 0.81% Reduced -1.3k -1,325