Vault-13

ISHARES U S ETF TR HYGH

IT RT HDG HGYL · ETP · CUSIP 46431W606

98 institutional holders +7 vs Q1 2025
1,974,4142.0m shares reported held*
$170.8mreported value*
19 new 34 added 26 reduced 14 sold out net bought ≈ $3.2m (+36.6k 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. Holder counts are more reliable. Implied quarter-end price ≈ $86.50. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 33Q4 22: 41Q1 23: 43Q2 23: 42Q3 23: 46Q4 23: 50Q1 24: 58Q2 24: 70Q3 24: 71Q4 24: 86Q1 25: 91Q2 25: 9898Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202233
Q4 202241
Q1 202343
Q2 202342
Q3 202346
Q4 202350
Q1 202458
Q2 202470
Q3 202471
Q4 202486
Q1 202591
Q2 202598

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 24 bought or addedQ3 23: 15 cut or sold outQ4 23: 22 bought or addedQ4 23: 24 cut or sold outQ4 23Q1 24: 33 bought or addedQ1 24: 19 cut or sold outQ2 24: 47 bought or addedQ2 24: 18 cut or sold outQ2 24Q3 24: 45 bought or addedQ3 24: 26 cut or sold outQ4 24: 53 bought or addedQ4 24: 22 cut or sold outQ4 24Q1 25: 58 bought or addedQ1 25: 26 cut or sold outQ2 25: 53 bought or addedQ2 25: 40 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232415
Q4 20232224
Q1 20243319
Q2 20244718
Q3 20244526
Q4 20245322
Q1 20255826
Q2 20255340

Biggest buyers

AXXCESS WEALTH MANAGEMENT, LLC Added +59,543+59.5k
Capital Asset Advisory Services LLC Added +59,156+59.2k
Inspire Advisors, LLC New +50,787+50.8k
Rockefeller Capital Management L.P. New +25,172+25.2k
AXS Investments LLC New +24,613+24.6k
FOUNDERS FINANCIAL SECURITIES LLC New +21,637+21.6k
ROYAL BANK OF CANADA Added +16,639+16.6k
Elequin Capital, LP New +10,667+10.7k
AdvisorNet Financial, Inc Added +10,661+10.7k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO New +7,957+8.0k

Biggest sellers

Kovack Advisors, Inc. Reduced -39,161-39.2k
JANE STREET GROUP, LLC Reduced -29,438-29.4k
DARK FOREST CAPITAL MANAGEMENT LP Reduced -28,220-28.2k
INTEGRITY ALLIANCE, LLC. Sold out -24,101-24.1k
LPL Financial LLC Reduced -22,241-22.2k
Atria Wealth Solutions, Inc. Reduced -20,746-20.7k
MinichMacGregor Wealth Management, LLC Reduced -16,401-16.4k
TrueMark Investments, LLC Sold out -16,036-16.0k
Apella Capital, LLC Reduced -14,615-14.6k
Thrivent Financial for Lutherans Sold out -10,475-10.5k

Biggest calls

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 190,358190.4k $16.5m $16.5m 0.01% Reduced -22.2k -22,241
2 MinichMacGregor Wealth Management, LLC 2.65% of their portfolio Saratoga Springs, NY 143,113143.1k $12.4m $12.4m 2.65% Reduced -16.4k -16,401
3 MATAURO, LLC 1.84% of their portfolio NEW YORK, NY 113,455113.5k $9.8m $9.8m 1.84% Reduced -3.8k -3,789
4 Rooted Wealth Advisors, Inc. 2.81% of their portfolio BOURBONNAIS, IL 94,15994.2k $8.1m $8.1m 2.81% Added +3.3k +3,292
5 UBS Group AG 0.00% of their portfolio ZURICH, V8 88,06488.1k $7.6m $7.6m 0.00% Added +2.3k +2,310
6 Kovack Advisors, Inc. 0.74% of their portfolio FT. LAUDERDALE, FL 86,81886.8k $7.5m $7.5m 0.74% Reduced -39.2k -39,161
7 Atria Wealth Solutions, Inc. 0.15% of their portfolio NEW YORK, NY 77,54777.5k $6.7m $6.7m 0.15% Reduced -20.7k -20,746
8 AXXCESS WEALTH MANAGEMENT, LLC 0.15% of their portfolio CARLSBAD, CA 73,35973.4k $6.3m $6.3m 0.15% Added +59.5k +59,543
9 Capital Asset Advisory Services LLC 0.30% of their portfolio Williamston, MI 72,97873.0k $6.3m $6.3m 0.30% Added +59.2k +59,156
10 Sound Income Strategies, LLC 0.33% of their portfolio FT LAUDERDALE, FL 67,50767.5k $5.8m $5.8m 0.33% Reduced -1.1k -1,053
11 Foundations Investment Advisors, LLC 0.08% of their portfolio PHOENIX, AZ 59,88859.9k $5.2m $5.2m 0.08% Reduced -8.4k -8,440
12 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 53,29053.3k $4.6m $4.6m 0.00% Reduced -4.7k -4,733
13 Inspire Advisors, LLC 0.46% of their portfolio Meridian, ID 50,78750.8k $4.4m $4.4m 0.46% New
14 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 49,53649.5k $4.3m $4.3m 0.00% Reduced -3.0k -2,973
15 NEW WAVE WEALTH ADVISORS LLC 1.79% of their portfolio SPRINGDALE, AR 48,76248.8k $4.2m $4.2m 1.79% Reduced -106 -106
16 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 42,95843.0k $3.7m $3.7m 0.01% Added +1.7k +1,725
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 39,96040.0k $3.5m $3.5m 0.00% Reduced -8.1k -8,108
18 AdvisorNet Financial, Inc 0.22% of their portfolio MINNETONKA, MN 39,33539.3k $3.4m $3.4m 0.22% Added +10.7k +10,661
19 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 34,72034.7k $3.0m $3.0m 0.01% Reduced -6.3k -6,346
20 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 33,10133.1k $2.9m $2.9m 0.01% Added +6.9k +6,861
21 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 32,42432.4k $2.8m $2.8m 0.00% Added +16.6k +16,639
22 Focus Financial Network, Inc. 0.09% of their portfolio MINNEAPOLIS, MN 27,78227.8k $2.4m $2.4m 0.09% Added +550 +550
23 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 25,17225.2k $2.2m $2.2m 0.00% New
24 AXS Investments LLC 0.87% of their portfolio PORT CHESTER, NY 24,61324.6k $2.1m $2.1m 0.87% New
25 IBEX WEALTH ADVISORS 0.21% of their portfolio BEDMINSTER, NJ 23,13923.1k $2.0m $2.0m 0.21% Added +2.3k +2,310
26 Clark Capital Management Group, Inc. 0.01% of their portfolio PHILADELPHIA, PA 22,72522.7k $2.0m $2.0m 0.01% Reduced -2.9k -2,928
27 FOUNDERS FINANCIAL SECURITIES LLC 0.14% of their portfolio TOWSON, MD 21,63721.6k $1.9m $1.9m 0.14% New
28 Apella Capital, LLC 0.05% of their portfolio WEST HARTFORD, CT 21,41021.4k $1.8m $1.8m 0.05% Reduced -14.6k -14,615
29 Blue Capital, Inc. 1.25% of their portfolio OMAHA, NE 20,42220.4k $1.8m $1.8m 1.25% First filing
30 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 15,09415.1k $1.3m $1.3m 0.00% Reduced -29.4k -29,438
31 SUMMIT INVESTMENT ADVISORS, INC. 1.03% of their portfolio HUNT VALLEY, MD 14,54814.5k $1.3m $1.3m 1.03% Added +796 +796
32 Strait & Sound Wealth Management LLC 0.49% of their portfolio SAN FRANCISCO, CA 13,44613.4k $1.2m $1.2m 0.49% Added +1.2k +1,155
33 PFG Advisors 0.05% of their portfolio Phoenix, AZ 13,43713.4k $1.2m $1.2m 0.05% Reduced -623 -623
34 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 12,05912.1k $1.0m $1.0m 0.01% Added +3.9k +3,855
35 SHEETS SMITH WEALTH MANAGEMENT 0.12% of their portfolio WINSTON-SALEM, NC 11,67311.7k $1.0m $1.0m 0.12% Unchanged
36 Focus Partners Advisor Solutions, LLC 0.01% of their portfolio SAINT LOUIS, MO 11,57111.6k $1.0m $1.0m 0.01% Reduced -345 -345
37 Elequin Capital, LP 0.13% of their portfolio NEW YORK, NY 10,66710.7k $923.0k $923.0k 0.13% New
38 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.06% of their portfolio CEDAR RAPIDS, IA 9,7129.7k $840.4k $840.4k 0.06% Added +2.4k +2,404
39 United Advisor Group, LLC 0.13% of their portfolio CINCINNATI, OH 8,6948.7k $752.3k $752.3k 0.13% Added +1.5k +1,501
40 IFP Advisors, Inc 0.02% of their portfolio TAMPA, FL 8,5278.5k $737.8k $737.8k 0.02% Unchanged
41 CENTAURUS FINANCIAL, INC. 0.04% of their portfolio ANAHEIM, CA 8,1568.2k $706.0k $706.0k 0.04% Added +87 +87
42 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 8,1178.1k $702.0k $702.0k 0.00% Added +386 +386
43 HBW ADVISORY SERVICES LLC 0.09% of their portfolio SIMI VALLEY, CA 8,0838.1k $699.4k $699.4k 0.09% Added +4.3k +4,314
44 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 8,0608.1k $697.4k $697.4k 0.01% Reduced -1.1k -1,050
45 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 7,9578.0k $688.5k $688.5k 0.00% New
46 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 7,8857.9k $682.3k $682.3k 0.00% Reduced -5.8k -5,764
47 Perigon Wealth Management, LLC 0.02% of their portfolio SAN FRANCISCO, CA 7,8507.8k $679.3k $679.3k 0.02% New
48 GREAT VALLEY ADVISOR GROUP, INC. 0.01% of their portfolio WILMINGTON, DE 7,7957.8k $674.5k $674.5k 0.01% Reduced -5.4k -5,355
49 Golden State Wealth Management, LLC 0.07% of their portfolio SANTA ANA, CA 7,0687.1k $611.6k $611.6k 0.07% New
50 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 7,0637.1k $611.2k $611.2k 0.00% Reduced -5.0k -4,994
51 Eagle Strategies LLC 0.09% of their portfolio NEW YORK, NY 6,7836.8k $586.9k $586.9k 0.09% Unchanged
52 NAPA WEALTH MANAGEMENT 0.27% of their portfolio Napa, CA 6,5976.6k $570.8k $570.8k 0.27% Reduced -247 -247
53 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 5,3155.3k $459.9k $459.9k 0.00% Added +329 +329
54 Regal Investment Advisors LLC 0.03% of their portfolio KENTWOOD, MI 5,0605.1k $437.9k $437.9k 0.03% Added +939 +939
55 BlackRock, Inc. 0.00% of their portfolio New York, NY 4,9535.0k $428.6k $428.6k 0.00% Unchanged
56 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,9004.9k $424.0k $424.0k 0.00% New
57 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 4,8744.9k $421.8k $421.8k 0.01% Added +898 +898
58 TRUSTMARK BANK TRUST DEPARTMENT 0.03% of their portfolio JACKSON, MS 4,6654.7k $403.7k $403.7k 0.03% Unchanged
59 FLOW TRADERS U.S. LLC 0.01% of their portfolio NEW YORK, NY 4,5324.5k $392.0k $392.0k 0.01% New
60 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 3,5503.5k $307.2k $307.2k 0.00% Unchanged
61 DARK FOREST CAPITAL MANAGEMENT LP 0.01% of their portfolio NEW YORK, NY 3,4443.4k $298.0k $298.0k 0.01% Reduced -28.2k -28,220
62 ORG Partners LLC 0.06% of their portfolio ROANOKE, IN 3,2003.2k $276.9k $276.9k 0.06% Unchanged
63 Diversify Advisory Services, LLC 0.01% of their portfolio SANDY, UT 3,1513.2k $271.2k $271.2k 0.01% New
64 Global Retirement Partners, LLC 0.01% of their portfolio San Rafael, CA 3,1163.1k $269.6k $269.6k 0.01% First filing
65 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 2,9753.0k $257.4k $257.4k 0.01% New
66 Quartz Partners, LLC 0.12% of their portfolio SARATOGA SPRINGS, NY 2,9563.0k $255.8k $255.8k 0.12% New
67 Meridian Wealth Management, LLC 0.01% of their portfolio LEXINGTON, KY 2,8692.9k $248.2k $248.2k 0.01% Added +314 +314
68 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 2,5892.6k $224.0k $224.0k 0.00% Reduced -816 -816
69 Advisory Alpha, LLC 0.01% of their portfolio HOLLAND, MI 2,4572.5k $212.6k $212.6k 0.01% Added +44 +44
70 Advisors Preferred, LLC 0.02% of their portfolio ROCKVILLE, MD 1,6191.6k $140.1k $140.1k 0.02% New
71 Anfield Capital Management, LLC 0.04% of their portfolio IRVINE, CA 1,4171.4k $122.6k $122.6k 0.04% Added +51 +51
72 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,1551.2k $99.9k $99.9k 0.00% Reduced -39 -39
73 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 1,1251.1k $97.3k $97.3k 0.00% Unchanged
74 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 977977 $84.6k $84.6k 0.00% Added +3 +3
75 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 616616 $53.3k $53.3k 0.00% New
76 HIGHLINE WEALTH PARTNERS LLC 0.01% of their portfolio SHERMAN OAKS, CA 486486 $42.0k $42.0k 0.01% Added +4 +4
77 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 411411 $35.6k $35.6k 0.00% Added +34 +34
78 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 298298 $25.0k $25.0k 0.00% Added +6 +6
79 CWM, LLC 0.00% of their portfolio OMAHA, NE 256256 $22.0k $22.0k 0.00% Added +255 +255
80 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 245245 $21.2k $21.2k 0.00% Added +231 +231
81 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 239239 $20.7k $20.7k 0.00% Added +53 +53
82 Princeton Global Asset Management LLC 0.00% of their portfolio PRINCETON, NJ 225225 $19.5k $19.5k 0.00% Unchanged
83 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 130130 $11.2k $11.2k 0.00% Unchanged
84 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 112112 $9.7k $9.7k 0.00% Added +111 +111
85 FMR LLC 0.00% of their portfolio BOSTON, MA 107107 $9.3k $9.3k 0.00% Reduced -5 -5
86 GPS Wealth Strategies Group, LLC 0.00% of their portfolio CENTENNIAL, CO 100100 $8.7k $8.7k 0.00% Unchanged
87 AMERIFLEX GROUP, INC. 0.00% of their portfolio LAS VEGAS, NV 100100 $8.6k $8.6k 0.00% Unchanged
88 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 8787 $7.6k $7.6k 0.00% Added +1 +1
89 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 5555 $4.8k $4.8k 0.00% Unchanged
90 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 5454 $5.0k $5.0k 0.00% Unchanged
91 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 4141 $3.5k $3.5k 0.00% New
92 First Horizon Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 3838 $3.3k $3.3k 0.00% New
93 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 3434 $2.9k $2.9k 0.00% New
94 Park Square Financial Group, LLC 0.00% of their portfolio ROSWELL, GA 99 $779 $779 0.00% Added +6 +6
95 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 77 $606 $606 0.00% Unchanged
96 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 44 $346 $346 0.00% New
97 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 11 $87 $87 0.00% Unchanged
98 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged