Vault-13

ISHARES U S ETF TR IETC

U.S. TECH INDEPD · ETP · CUSIP 46431W648

131 institutional holders +2 vs Q3 2025
3,274,2623.3m shares reported held*
$411.4mreported value*
18 new 43 added 38 reduced 19 sold out net bought ≈ $482.3k (-719.9k 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 ≈ $125.65. Options: 1 managers hold calls ($690.8k notional), 0 hold puts (—).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 32Q4 22: 40Q1 23: 39Q2 23: 36Q3 23: 40Q4 23: 41Q1 24: 52Q2 24: 58Q3 24: 61Q4 24: 69Q1 25: 88Q2 25: 108Q3 25: 129Q4 25: 131131Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202232
Q4 202240
Q1 202339
Q2 202336
Q3 202340
Q4 202341
Q1 202452
Q2 202458
Q3 202461
Q4 202469
Q1 202588
Q2 2025108
Q3 2025129
Q4 2025131

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 24: 25 bought or addedQ1 24: 16 cut or sold outQ2 24: 31 bought or addedQ2 24: 15 cut or sold outQ2 24Q3 24: 39 bought or addedQ3 24: 13 cut or sold outQ4 24: 34 bought or addedQ4 24: 19 cut or sold outQ4 24Q1 25: 55 bought or addedQ1 25: 24 cut or sold outQ2 25: 66 bought or addedQ2 25: 22 cut or sold outQ2 25Q3 25: 77 bought or addedQ3 25: 31 cut or sold outQ4 25: 61 bought or addedQ4 25: 57 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20242516
Q2 20243115
Q3 20243913
Q4 20243419
Q1 20255524
Q2 20256622
Q3 20257731
Q4 20256157

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $366.6kQ2 25 puts: $18.8kQ2 25P/C 0.05Q3 25 calls: $2.1mQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $690.8kQ4 25 puts: $0Q4 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2025$0$0—
Q2 2025$366.6k$18.8k0.05
Q3 2025$2.1m$00.00
Q4 2025$690.8k$00.00

Biggest buyers

ASSETMARK, INC Added +189,094+189.1k
UNITED CAPITAL FINANCIAL ADVISORS, LLC New +103,414+103.4k
Gradient Investments LLC Added +49,147+49.1k
LPL Financial LLC Added +41,869+41.9k
TRUIST FINANCIAL CORP Added +24,064+24.1k
Hoese & Co LLP Added +22,985+23.0k
CITADEL ADVISORS LLC New +22,154+22.2k
ROYAL BANK OF CANADA Added +15,092+15.1k
GOLDMAN SACHS GROUP INC New +14,120+14.1k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +13,626+13.6k

Biggest sellers

VESTOR CAPITAL, LLC Reduced -723,361-723.4k
Beacon Harbor Wealth Advisors, Inc. Sold out -128,462-128.5k
JPMORGAN CHASE & CO Reduced -125,105-125.1k
Integrated Wealth Concepts LLC Sold out -69,201-69.2k
TWO SIGMA INVESTMENTS, LP Reduced -44,100-44.1k
Mirae Asset Global Investments Co., Ltd. Sold out -21,971-22.0k
GeoWealth Management, LLC Reduced -21,114-21.1k
JANE STREET GROUP, LLC Reduced -18,497-18.5k
OSAIC HOLDINGS, INC. Reduced -11,409-11.4k
Tower Research Capital LLC (TRC) Reduced -11,264-11.3k

Biggest calls

CITADEL ADVISORS LLC Reduced $690.8k6.8k shares

Biggest puts

None

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 Gradient Investments LLC 1.09% of their portfolio ARDEN HILLS, MN 673,735673.7k $68.4m $68.4m 1.09% Added +49.1k +49,147
2 Kozak & Associates, Inc. 12.73% of their portfolio HIGHLANDS RANCH, CO 641,304641.3k $65.9m $65.9m 12.73% Reduced -3.9k -3,878
3 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 294,702294.7k $29.9m $29.9m 0.01% Added +41.9k +41,869
4 ASSETMARK, INC 0.04% of their portfolio CONCORD, CA 209,468209.5k $21.3m $21.3m 0.04% Added +189.1k +189,094
5 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.06% of their portfolio IRVING, TX 103,414103.4k $10.5m $10.5m 0.06% New
6 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 99,30199.3k $10.1m $10.1m 0.02% Reduced -5.2k -5,236
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 83,63783.6k $8.5m $8.5m 0.00% Reduced -125.1k -125,105
8 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 81,51181.5k $8.3m $8.3m 0.01% Added +13.6k +13,626
9 Trek Financial, LLC 0.45% of their portfolio Scottsdale, AZ 75,90075.9k $7.7m $7.7m 0.45% Added +7.9k +7,932
10 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 74,50474.5k $7.6m $7.6m 0.00% Reduced -5.3k -5,317
11 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 53,59053.6k $5.4m $5.4m 0.00% Added +2.8k +2,818
12 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 47,37647.4k $4.8m $4.8m 0.01% Added +24.1k +24,064
13 Mattson Financial Services, LLC 1.05% of their portfolio KENTWOOD, MI 44,13744.1k $4.5m $4.5m 1.05% Added +3.4k +3,444
14 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 44,00044.0k $4.5m $4.5m 0.01% Reduced -44.1k -44,100
15 Hoese & Co LLP 2.26% of their portfolio GLENCOE, MN 31,21831.2k $3.2m $3.2m 2.26% Added +23.0k +22,985
16 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 28,44228.4k $2.9m $2.9m 0.01% Reduced -1.9k -1,925
17 Brown Financial Advisors 1.06% of their portfolio MILFORD, OH 28,37928.4k $2.9m $2.9m 1.06% Added +230 +230
18 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 28,07228.1k $2.9m $2.9m 0.00% Reduced -11.4k -11,409
19 SUTTON PLACE INVESTORS LLC 1.55% of their portfolio ARMONK, NY 27,84327.8k $2.8m $2.8m 1.55% Added +325 +325
20 KEYBANK NATIONAL ASSOCIATION/OH 0.01% of their portfolio BROOKLYN, OH 27,30427.3k $2.8m $2.8m 0.01% Unchanged
21 Oakwell Private Wealth Management, LLC 0.50% of their portfolio Austin, TX 26,10026.1k $2.7m $2.7m 0.50% Not comparable
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 22,16122.2k $2.3m $2.3m 0.00% Added +15.1k +15,092
23 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 22,15422.2k $2.3m $2.3m 0.00% New
24 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 21,77321.8k $2.2m $2.2m 0.00% Added +1.8k +1,831
25 Paladin Wealth, LLC 1.29% of their portfolio ARDEN HILLS, MN 18,64818.6k $1.9m $1.9m 1.29% Added +4.1k +4,135
26 GeoWealth Management, LLC 0.07% of their portfolio CHICAGO, IL 17,78617.8k $1.8m $1.8m 0.07% Reduced -21.1k -21,114
27 Global Retirement Partners, LLC 0.03% of their portfolio San Rafael, CA 17,32617.3k $1.8m $1.8m 0.03% Added +1.7k +1,729
28 Artesa Financial Group, LLC 1.80% of their portfolio CONROE, TX 17,19017.2k $1.7m $1.7m 1.80% First filing
29 Shira Ridge Wealth Management 0.70% of their portfolio LARKSPUR, CA 17,09517.1k $1.7m $1.7m 0.70% Reduced -108 -108
30 Advisors Capital Management, LLC 0.02% of their portfolio RIDGEWOOD, NJ 15,93215.9k $1.6m $1.6m 0.02% Added +984 +984
31 KM Capital Management Ltd. 0.82% of their portfolio AUSTIN, TX 15,82215.8k $1.6m $1.6m 0.82% Unchanged
32 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 14,74214.7k $1.5m $1.5m 0.00% Reduced -8.1k -8,054
33 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 14,12014.1k $1.4m $1.4m 0.00% New
34 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 12,83112.8k $1.3m $1.3m 0.01% Reduced -763 -763
35 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 12,35112.4k $1.3m $1.3m 0.03% Added +258 +258
36 Lansing Street Advisors 0.32% of their portfolio AMBLER, PA 12,20812.2k $1.2m $1.2m 0.32% Reduced -15 -15
37 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 12,15512.2k $1.2m $1.2m 0.00% Added +5.2k +5,160
38 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 0.08% of their portfolio KNOXVILLE, TN 11,71611.7k $1.2m $1.2m 0.08% Reduced -93 -93
39 WCG Wealth Advisors LLC 0.03% of their portfolio LAS VEGAS, NV 11,10511.1k $1.1m $1.1m 0.03% Reduced -147 -147
40 Financial Perspectives, Inc 0.30% of their portfolio MINNEAPOLIS, MN 10,85910.9k $1.1m $1.1m 0.30% Added +137 +137
41 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 10,61810.6k $1.1m $1.1m 0.00% Reduced -6.3k -6,333
42 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 10,59610.6k $1.1m $1.1m 0.01% Reduced -3.2k -3,156
43 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 10,38910.4k $1.1m $1.1m 0.01% Added +861 +861
44 Ironwood Financial, llc 0.18% of their portfolio TUCSON, AZ 10,26410.3k $1.1m $1.1m 0.18% Reduced -423 -423
45 KCM INVESTMENT ADVISORS LLC 0.03% of their portfolio GREENBRAE, CA 9,6369.6k $978.9k $978.9k 0.03% Unchanged
46 Ameritas Advisory Services, LLC 0.03% of their portfolio Lincoln, NE 7,6807.7k $780.2k $780.2k 0.03% Reduced -2.1k -2,135
47 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 7,4007.4k $751.7k $751.7k 0.00% Added +2.8k +2,782
48 Mascagni Wealth Management, Inc. 0.48% of their portfolio CLINTON, MS 6,3336.3k $643.4k $643.4k 0.48% Reduced -26 -26
49 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 6,0936.1k $619.0k $619.0k 0.00% Reduced -18.5k -18,497
50 Glen Eagle Advisors, LLC 0.08% of their portfolio KINGSTON, NJ 6,0016.0k $609.7k $609.7k 0.08% Added +51 +51
51 Bay Harbor Wealth Management, LLC 0.16% of their portfolio Hunt Valley, MD 5,8495.8k $594.2k $594.2k 0.16% Unchanged
52 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 5,5645.6k $565.3k $565.3k 0.00% Added +100 +100
53 A4 Wealth Advisors LLC 0.44% of their portfolio HUNTERSVILLE, NC 5,0055.0k $508.5k $508.5k 0.44% Reduced -2.4k -2,406
54 Bawa N Mallick Trust 0.19% of their portfolio FOREST HILLS, NY 5,0005.0k $507.9k $507.9k 0.19% Unchanged
55 Kesler, Norman & Wride, LLC 0.09% of their portfolio OGDEN, UT 4,9735.0k $505.2k $505.2k 0.09% New
56 Comprehensive Financial Planning, Inc./PA 0.33% of their portfolio EAST PETERSBURG, PA 4,9655.0k $504.4k $504.4k 0.33% Added +6 +6
57 Safe Harbor Wealth Advisors, LLC 0.43% of their portfolio DUBLIN, OH 4,9525.0k $449.2k $449.2k 0.43% First filing
58 Cornerstone Wealth Management, LLC 0.03% of their portfolio ST. PETERS, MO 4,9274.9k $500.5k $500.5k 0.03% Added +51 +51
59 EHRLICH FINANCIAL GROUP 0.28% of their portfolio LAGUNA NIGUEL, CA 4,7894.8k $486.5k $486.5k 0.28% Added +861 +861
60 Icon Wealth Advisors, LLC 0.03% of their portfolio HOUSTON, TX 4,7254.7k $480.1k $480.1k 0.03% Added +6 +6
61 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 4,3984.4k $446.8k $446.8k 0.00% Added +77 +77
62 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 4,3784.4k $444.8k $444.8k 0.00% Reduced -5.6k -5,626
63 Regal Investment Advisors LLC 0.03% of their portfolio KENTWOOD, MI 4,2764.3k $434.4k $434.4k 0.03% Added +3 +3
64 Financial Partners Group, Inc 0.05% of their portfolio Overland Park, KS 4,1764.2k $407.4k $407.4k 0.05% Reduced -49 -49
65 TFB Advisors LLC 0.12% of their portfolio OVERLAND PARK, KS 4,1534.2k $421.9k $421.9k 0.12% Added +206 +206
66 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 4,0884.1k $415.0k $415.0k 0.00% New
67 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 3,9874.0k $405.0k $405.0k 0.00% New
68 MMBG INVESTMENT ADVISORS CO. 0.03% of their portfolio MIAMI, FL 3,7743.8k $383.6k $383.6k 0.03% New
69 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 3,6653.7k $372.4k $372.4k 0.00% Added +1.0k +1,046
70 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 3,6603.7k $373.1k $373.1k 0.00% Unchanged
71 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 3,5143.5k $357.0k $357.0k 0.00% Added +99 +99
72 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 3,4633.5k $351.8k $351.8k 0.01% Reduced -11.3k -11,264
73 PARSONS CAPITAL MANAGEMENT INC/RI 0.02% of their portfolio PROVIDENCE, RI 3,3633.4k $341.6k $341.6k 0.02% Added +75 +75
74 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 3,2173.2k $330.7k $330.7k 0.00% Added +183 +183
75 Hilltop Holdings Inc. 0.02% of their portfolio DALLAS, TX 3,1993.2k $325.0k $325.0k 0.02% Added +369 +369
76 Sovran Advisors, LLC 0.03% of their portfolio SAN DIEGO, CA 3,1733.2k $322.0k $322.0k 0.03% Reduced -1.3k -1,274
77 Haverford Trust Co 0.00% of their portfolio Radnor, PA 3,1153.1k $316.5k $316.5k 0.00% Unchanged
78 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 2,9763.0k $302.3k $302.3k 0.00% Added +19 +19
79 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,8082.8k $285.3k $285.3k 0.00% Reduced -289 -289
80 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 2,6862.7k $272.8k $272.8k 0.01% Added +1 +1
81 Darden Wealth Group Inc 0.13% of their portfolio ANN ARBOR, MI 2,6002.6k $264.1k $264.1k 0.13% Unchanged
82 Pallas Capital Advisors LLC 0.01% of their portfolio BRAINTREE, MA 2,5382.5k $257.9k $257.9k 0.01% Reduced -427 -427
83 HB Wealth Management, LLC 0.00% of their portfolio Atlanta, GA 2,5002.5k $254.0k $254.0k 0.00% Unchanged
84 Saxony Capital Management, LLC 0.15% of their portfolio ST. LOUIS, MO 2,4832.5k $252.2k $252.2k 0.15% Unchanged
85 Worth Asset Management, LLC 0.11% of their portfolio DALLAS, TX 2,4612.5k $250.0k $250.0k 0.11% Reduced -560 -560
86 FISCHER INVESTMENT STRATEGIES, LLC 0.14% of their portfolio Westlake Village, CA 2,4272.4k $246.5k $246.5k 0.14% Reduced -107 -107
87 MONEY CONCEPTS CAPITAL CORP 0.01% of their portfolio PALM BEACH GARDENS, FL 2,3602.4k $239.8k $239.8k 0.01% Reduced -590 -590
88 Vise Technologies, Inc. 0.00% of their portfolio NEW YORK, NY 2,2762.3k $231.3k $231.3k 0.00% New
89 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 2,2592.3k $229.5k $229.5k 0.00% Reduced -1.9k -1,881
90 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 2,1882.2k $222.3k $222.3k 0.00% New
91 Western Wealth Management, LLC 0.01% of their portfolio GOLDEN, CO 2,1822.2k $221.7k $221.7k 0.01% Added +22 +22
92 Root Financial Partners, LLC 0.01% of their portfolio ENCINITAS, CA 2,1262.1k $216.0k $216.0k 0.01% New
93 Mariner, LLC 0.00% of their portfolio Overland Park, KS 2,0672.1k $210.0k $210.0k 0.00% New
94 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,4041.4k $142.6k $142.6k 0.00% Reduced -196 -196
95 Kingdom Financial Group LLC. 0.04% of their portfolio PEORIA, AZ 1,2121.2k $123.1k $123.1k 0.04% New
96 Richardson Capital Management LLC 0.06% of their portfolio MENOMONEE FALLS, WI 1,1261.1k $114.4k $114.4k 0.06% Reduced -32 -32
97 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio ORLANDO, FL 1,0001.0k $101.6k $101.6k 0.01% New
98 UBS Group AG 0.00% of their portfolio ZURICH, V8 900900 $91.4k $91.4k 0.00% Reduced -200 -200
99 Financial Freedom, LLC 0.04% of their portfolio CINCINNATI, OH 882882 $89.6k $89.6k 0.04% Unchanged
100 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 839839 $85.2k $85.2k 0.00% Added +485 +485