Vault-13

ISHARES TR QUAL

MSCI USA QLT FCT · ETP · CUSIP 46432F339

1,373 institutional holders +76 vs Q2 2024
243,492,502243.5m shares reported held*
$43.6bnreported value*
113 new 620 added 418 reduced 41 sold out net bought ≈ $1.0bn (+4.2m 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 ($174.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $178.97. Options: 3 managers hold calls ($2.9m notional), 3 hold puts ($896.5k).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 807Q4 22: 825Q1 23: 918Q2 23: 1,008Q3 23: 1,049Q4 23: 1,170Q1 24: 1,248Q2 24: 1,297Q3 24: 1,3731,373Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022807
Q4 2022825
Q1 2023918
Q2 20231,008
Q3 20231,049
Q4 20231,170
Q1 20241,248
Q2 20241,297
Q3 20241,373

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 299 bought or addedQ4 22: 424 cut or sold outQ1 23: 515 bought or addedQ1 23: 325 cut or sold outQ1 23Q2 23: 561 bought or addedQ2 23: 343 cut or sold outQ3 23: 429 bought or addedQ3 23: 503 cut or sold outQ3 23Q4 23: 614 bought or addedQ4 23: 409 cut or sold outQ1 24: 653 bought or addedQ1 24: 488 cut or sold outQ1 24Q2 24: 722 bought or addedQ2 24: 435 cut or sold outQ3 24: 733 bought or addedQ3 24: 459 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022299424
Q1 2023515325
Q2 2023561343
Q3 2023429503
Q4 2023614409
Q1 2024653488
Q2 2024722435
Q3 2024733459

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ4 23 calls: $4.9mQ4 23 puts: $3.3mQ4 23P/C 0.67Q1 24 calls: $6.0mQ1 24 puts: $875.1kQ1 24P/C 0.15Q2 24 calls: $3.9mQ2 24 puts: $1.2mQ2 24P/C 0.32Q3 24 calls: $2.9mQ3 24 puts: $896.5kQ3 24P/C 0.31
Numbers
QuarterCallsPutsP/C
Q4 2023$4.9m$3.3m0.67
Q1 2024$6.0m$875.1k0.15
Q2 2024$3.9m$1.2m0.32
Q3 2024$2.9m$896.5k0.31

Biggest buyers

FMR LLC Added +1,160,410+1.2m
LPL Financial LLC Added +950,857+950.9k
Orgel Wealth Management, LLC Added +515,998+516.0k
ENVESTNET ASSET MANAGEMENT INC Added +507,222+507.2k
Horizon Investments, LLC Added +371,952+372.0k
MORGAN STANLEY Added +336,755+336.8k
WELLS FARGO & COMPANY/MN Added +292,292+292.3k
Goldstein Advisors, LLC Added +279,535+279.5k
Bank of New York Mellon Corp Added +247,319+247.3k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +240,913+240.9k

Biggest sellers

LIBERTY WEALTH MANAGEMENT LLC Reduced -664,379-664.4k
Strategic Financial Concepts, LLC Reduced -620,776-620.8k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -556,999-557.0k
MERCER GLOBAL ADVISORS INC /ADV Reduced -556,597-556.6k
BARINGS LLC Reduced -297,865-297.9k
Blue Trust, Inc. Reduced -293,652-293.7k
Thrivent Financial for Lutherans Reduced -281,604-281.6k
PNC Financial Services Group, Inc. Reduced -256,909-256.9k
Dynasty Wealth Management, LLC Reduced -228,849-228.8k
SVB WEALTH LLC Reduced -193,887-193.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.4m8.0k shares
CITADEL ADVISORS LLC Added $1.2m6.8k shares
JANE STREET GROUP, LLC New $233.1k1.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $681.3k3.8k shares
CITADEL ADVISORS LLC Added $143.4k800 shares
UBS Group AG New $71.7k400 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FMR LLC 13G · institution +1.1 pts · filed 2026-08-07 10.4% +1.1 pts 22.0m≈ $4.8bn 2026-08-07

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 1.65% of their portfolio Berwyn, PA 28,545,23628.5m $5.1bn $5.1bn 1.65% Added +507.2k +507,222
2 FMR LLC 0.17% of their portfolio BOSTON, MA 15,848,76115.8m $2.8bn $2.8bn 0.17% Added +1.2m +1,160,410
3 LPL Financial LLC 1.18% of their portfolio FORT MILL, SC 14,725,82414.7m $2.6bn $2.6bn 1.18% Added +950.9k +950,857
4 JPMORGAN CHASE & CO 0.08% of their portfolio NEW YORK, NY 11,485,31811.5m $2.1bn $2.1bn 0.08% Reduced -58.5k -58,504
5 MORGAN STANLEY 0.12% of their portfolio NEW YORK, NY 9,074,4879.1m $1.6bn $1.6bn 0.12% Added +336.8k +336,755
6 PNC Financial Services Group, Inc. 0.90% of their portfolio Pittsburgh, PA 7,831,9557.8m $1.4bn $1.4bn 0.90% Reduced -256.9k -256,909
7 BANK OF AMERICA CORP /DE/ 0.12% of their portfolio CHARLOTTE, NC 7,607,4047.6m $1.4bn $1.4bn 0.12% Reduced -120.9k -120,875
8 WELLS FARGO & COMPANY/MN 0.23% of their portfolio SAN FRANCISCO, CA 5,249,1965.2m $941.2m $941.2m 0.23% Added +292.3k +292,292
9 AMERIPRISE FINANCIAL INC 0.22% of their portfolio MINNEAPOLIS, MN 4,760,9474.8m $853.6m $853.6m 0.22% Reduced -48.0k -48,047
10 BlackRock, Inc. 0.02% of their portfolio New York, NY 4,702,7664.7m $843.2m $843.2m 0.02% First filing
11 UBS Group AG 0.23% of their portfolio ZURICH, V8 4,583,9764.6m $821.9m $821.9m 0.23% Added +174.0k +174,036
12 M&T Bank Corp 2.39% of their portfolio BUFFALO, NY 4,050,1924.1m $726.2m $726.2m 2.39% Added +28.1k +28,147
13 CWM, LLC 3.05% of their portfolio OMAHA, NE 3,952,5524.0m $708.7m $708.7m 3.05% Reduced -71.4k -71,444
14 KEYBANK NATIONAL ASSOCIATION/OH 2.70% of their portfolio BROOKLYN, OH 3,899,5653.9m $699.2m $699.2m 2.70% Reduced -33.4k -33,445
15 Envestnet Portfolio Solutions, Inc. 1.87% of their portfolio BERWYN, PA 3,207,3123.2m $575.1m $575.1m 1.87% Added +100.8k +100,837
16 MML INVESTORS SERVICES, LLC 1.87% of their portfolio SPRINGFIELD, MA 2,859,6472.9m $512.7m $512.7m 1.87% Added +170.3k +170,321
17 Bank of New York Mellon Corp 0.09% of their portfolio NEW YORK, NY 2,619,7292.6m $469.7m $469.7m 0.09% Added +247.3k +247,319
18 Cerity Partners LLC 1.03% of their portfolio NEW YORK, NY 2,583,2972.6m $463.2m $463.2m 1.03% Added +173.1k +173,127
19 Horizon Investments, LLC 11.70% of their portfolio Charlotte, NC 2,459,4472.5m $441.0m $441.0m 11.70% Added +372.0k +371,952
20 Facet Wealth, Inc. 11.81% of their portfolio WEST PALM BEACH, FL 2,343,5732.3m $415.0m $415.0m 11.81% Added +69.1k +69,120
21 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.36% of their portfolio MILWAUKEE, WI 2,277,9282.3m $408.4m $408.4m 0.36% Added +240.9k +240,913
22 PARK AVENUE SECURITIES LLC 4.10% of their portfolio NEW YORK, NY 2,037,1972.0m $365.3m $365.3m 4.10% Reduced -23.2k -23,234
23 Blue Trust, Inc. 4.44% of their portfolio BRENTWOOD, TN 1,991,5722.0m $340.1m $340.1m 4.44% Reduced -293.7k -293,652
24 Cetera Investment Advisers 0.77% of their portfolio SCHAUMBURG, IL 1,972,9662.0m $353.8m $353.8m 0.77% Added +154.5k +154,533
25 MERCER GLOBAL ADVISORS INC /ADV 0.65% of their portfolio DENVER, CO 1,813,3091.8m $279.7m $279.7m 0.65% Reduced -556.6k -556,597
26 COMMONWEALTH EQUITY SERVICES, LLC 0.47% of their portfolio WALTHAM, MA 1,744,3811.7m $312.8m $312.8m 0.47% Added +223.1k +223,054
27 ROYAL BANK OF CANADA 0.07% of their portfolio TORONTO, A6 1,706,6431.7m $306.0m $306.0m 0.07% Added +41.2k +41,170
28 Connecticut Wealth Management, LLC 13.66% of their portfolio FARMINGTON, CT 1,573,8461.6m $282.2m $282.2m 13.66% Added +39.8k +39,780
29 STIFEL FINANCIAL CORP 0.28% of their portfolio ST. LOUIS, MO 1,497,6701.5m $268.5m $268.5m 0.28% Added +61.5k +61,513
30 Janney Montgomery Scott LLC 0.71% of their portfolio PHILADELPHIA, PA 1,424,9051.4m $255.5m $255.5m 0.71% Added +39.1k +39,144
31 Merriman Wealth Management, LLC 10.11% of their portfolio SEATTLE, WA 1,388,9471.4m $249.0m $249.0m 10.11% Added +4.1k +4,104
32 Integrated Wealth Concepts LLC 2.96% of their portfolio WALTHAM, MA 1,356,7031.4m $243.3m $243.3m 2.96% Added +182.6k +182,557
33 HighTower Advisors, LLC 0.35% of their portfolio CHICAGO, IL 1,355,8071.4m $243.1m $243.1m 0.35% Reduced -10.7k -10,704
34 OSAIC HOLDINGS, INC. 0.52% of their portfolio SCOTTSDALE, AZ 1,296,8831.3m $232.6m $232.6m 0.52% Added +41.2k +41,220
35 Haverford Trust Co 2.26% of their portfolio Radnor, PA 1,295,3661.3m $232.3m $232.3m 2.26% Added +62.3k +62,283
36 Wharton Business Group, LLC 10.21% of their portfolio MALVERN, PA 1,267,4681.3m $227.3m $227.3m 10.21% Added +4.2k +4,176
37 Composition Wealth, LLC 5.16% of their portfolio LOS ANGELES, CA 1,244,9521.2m $223.2m $223.2m 5.16% Added +33.2k +33,167
38 Orgel Wealth Management, LLC 5.55% of their portfolio ALTOONA, WI 1,236,7921.2m $221.8m $221.8m 5.55% Added +516.0k +515,998
39 OneDigital Investment Advisors LLC 2.21% of their portfolio OVERLAND PARK, KS 1,077,4551.1m $193.2m $193.2m 2.21% Added +13.3k +13,332
40 SCS Capital Management LLC 3.46% of their portfolio BOSTON, MA 955,992956.0k $171.4m $171.4m 3.46% Added +139.8k +139,840
41 RAYMOND JAMES & ASSOCIATES 0.10% of their portfolio ST PETERSBURG, FL 954,296954.3k $171.1m $171.1m 0.10% Added +14.4k +14,384
42 Raymond James Financial Services Advisors, Inc. 0.22% of their portfolio ST. PETERSBURG, FL 905,088905.1k $162.3m $162.3m 0.22% Added +35.5k +35,549
43 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 4.26% of their portfolio Seattle, WA 842,162842.2k $151.0m $151.0m 4.26% Added +40.6k +40,583
44 Corient Private Wealth LP 0.22% of their portfolio MIAMI, FL 781,333781.3k $140.1m $140.1m 0.22% Reduced -29.3k -29,262
45 Sanctuary Advisors, LLC 0.90% of their portfolio INDIANAPOLIS, IN 779,459779.5k $142.4m $142.4m 0.90% Added +96.4k +96,369
46 NewEdge Advisors, LLC 0.87% of their portfolio NEW ORLEANS, LA 746,726746.7k $133.9m $133.9m 0.87% Added +63.0k +63,016
47 Balentine LLC 5.20% of their portfolio ATLANTA, GA 735,862735.9k $131.9m $131.9m 5.20% Added +9.8k +9,799
48 TIAA TRUST, NATIONAL ASSOCIATION 0.39% of their portfolio CHARLOTTE, NC 731,353731.4k $131.1m $131.1m 0.39% Added +9.8k +9,828
49 Thrivent Financial for Lutherans 0.25% of their portfolio Minneapolis, MN 722,969723.0k $129.6m $129.6m 0.25% Reduced -281.6k -281,604
50 3EDGE Asset Management, LP 9.11% of their portfolio Naples, FL 716,478716.5k $128.5m $128.5m 9.11% Added +116.2k +116,196
51 Bluespring Wealth Management, LLC 12.89% of their portfolio AUSTIN, TX 716,318716.3k $128.4m $128.4m 12.89% Added +9.6k +9,641
52 Foundations Investment Advisors, LLC 2.49% of their portfolio PHOENIX, AZ 660,369660.4k $118.4m $118.4m 2.49% Added +60.6k +60,596
53 Foster Group, Inc. 4.30% of their portfolio WEST DES MOINES, IA 642,656642.7k $115.2m $115.2m 4.30% Added +1.1k +1,081
54 Bogart Wealth, LLC 5.21% of their portfolio MCLEAN, VA 613,695613.7k $110.0m $110.0m 5.21% Reduced -174 -174
55 Cambridge Investment Research Advisors, Inc. 0.37% of their portfolio FAIRFIELD, IA 608,044608.0k $109.0m $109.0m 0.37% Added +33.1k +33,094
56 JB Capital LLC 6.17% of their portfolio WETHERSFIELD, CT 599,230599.2k $107.4m $107.4m 6.17% Added +25.0k +25,024
57 Sage Mountain Advisors LLC 9.04% of their portfolio ATLANTA, GA 591,247591.2k $106.0m $106.0m 9.04% Reduced -11.9k -11,913
58 GYL Financial Synergies, LLC 7.90% of their portfolio West Hartford, CT 585,994586.0k $105.1m $105.1m 7.90% Reduced -755 -755
59 Obermeyer Wealth Partners 5.49% of their portfolio ASPEN, CO 572,102572.1k $102.6m $102.6m 5.49% Reduced -73.6k -73,577
60 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.84% of their portfolio IRVING, TX 570,325570.3k $102.3m $102.3m 0.84% Reduced -3.6k -3,641
61 Cresset Asset Management, LLC 0.39% of their portfolio Chicago, IL 555,819555.8k $99.7m $99.7m 0.39% Reduced -6.1k -6,086
62 Kestra Advisory Services, LLC 0.54% of their portfolio AUSTIN, TX 547,809547.8k $98.2m $98.2m 0.54% Reduced -24.0k -24,025
63 Kestra Investment Management, LLC 4.10% of their portfolio AUSTIN, TX 531,906531.9k $95.4m $95.4m 4.10% Added +78.3k +78,268
64 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 522,171522.2k $95.7m $95.7m 0.03% Reduced -13.3k -13,296
65 Atria Wealth Solutions, Inc. 0.97% of their portfolio NEW YORK, NY 495,262495.3k $88.8m $88.8m 0.97% Added +1.1k +1,119
66 Savant Capital, LLC 0.73% of their portfolio ROCKFORD, IL 491,008491.0k $88.0m $88.0m 0.73% Reduced -873 -873
67 Prime Capital Investment Advisors, LLC 1.24% of their portfolio OVERLAND PARK, KS 486,369486.4k $87.2m $87.2m 1.24% Reduced -12.8k -12,808
68 D.A. DAVIDSON & CO. 0.71% of their portfolio GREAT FALLS, MT 477,920477.9k $85.7m $85.7m 0.71% Added +16.5k +16,466
69 Clearstead Advisors, LLC 1.32% of their portfolio CLEVELAND, OH 474,360474.4k $85.1m $85.1m 1.32% Added +15.0k +15,007
70 AE Wealth Management LLC 0.76% of their portfolio TOPEKA, KS 465,159465.2k $83.4m $83.4m 0.76% Added +11.2k +11,214
71 Baker Avenue Asset Management, LP 2.64% of their portfolio SAN FRANCISCO, CA 463,644463.6k $83.1m $83.1m 2.64% Added +1.3k +1,322
72 JOHNSON INVESTMENT COUNSEL INC 0.81% of their portfolio Cincinnati, OH 461,433461.4k $82.7m $82.7m 0.81% Added +7.3k +7,316
73 Equitable Holdings, Inc. 0.78% of their portfolio NEW YORK, NY 448,782448.8k $80.5m $80.5m 0.78% Added +23.9k +23,864
74 HOWARD FINANCIAL SERVICES, LTD. 11.33% of their portfolio DALLAS, TX 437,769437.8k $78.5m $78.5m 11.33% Added +52.3k +52,269
75 Private Advisor Group, LLC 0.49% of their portfolio MORRISTOWN, NJ 437,372437.4k $78.4m $78.4m 0.49% Added +46.3k +46,282
76 Mariner, LLC 0.14% of their portfolio Overland Park, KS 425,802425.8k $76.3m $76.3m 0.14% Added +11.8k +11,765
77 Austin Private Wealth, LLC 7.29% of their portfolio Austin, TX 415,220415.2k $74.4m $74.4m 7.29% Added +23.6k +23,630
78 TWO SIGMA INVESTMENTS, LP 0.17% of their portfolio NEW YORK, NY 414,900414.9k $74.4m $74.4m 0.17% Reduced -152.1k -152,100
79 Cable Hill Partners, LLC 7.24% of their portfolio PORTLAND, OR 410,589410.6k $73.6m $73.6m 7.24% Added +5.3k +5,283
80 CAPTRUST FINANCIAL ADVISORS 0.22% of their portfolio RALEIGH, NC 405,565405.6k $72.7m $72.7m 0.22% Reduced -28.6k -28,555
81 SACHEM HILL LLC 14.60% of their portfolio DENVER, CO 401,020401.0k $71.9m $71.9m 14.60% Reduced -6.6k -6,585
82 SYNOVUS FINANCIAL CORP 0.83% of their portfolio Columbus, GA 399,550399.6k $71.6m $71.6m 0.83% Reduced -8.5k -8,511
83 US BANCORP \DE\ 0.09% of their portfolio MINNEAPOLIS, MN 398,196398.2k $71.4m $71.4m 0.09% Reduced -928 -928
84 UMB Bank, n.a. 1.11% of their portfolio Kansas City, MO 397,796397.8k $71.3m $71.3m 1.11% Added +36.2k +36,242
85 SAX WEALTH ADVISORS, LLC 6.32% of their portfolio PARSIPPANY, NJ 395,226395.2k $70.9m $70.9m 6.32% Added +17.8k +17,783
86 Fragasso Financial Advisors Inc 5.39% of their portfolio SEWICKLEY, PA 391,294391.3k $70.2m $70.2m 5.39% Added +63.9k +63,859
87 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio Toronto, A6 378,695378.7k $67.9m $67.9m 0.06% Reduced -557.0k -556,999
88 PINNACLE ASSOCIATES LTD 0.94% of their portfolio NEW YORK, NY 375,104375.1k $55.2m $55.2m 0.94% Reduced -16.1k -16,141
89 PRUDENTIAL FINANCIAL INC 0.09% of their portfolio NEWARK, NJ 370,401370.4k $66.4m $66.4m 0.09% Added +36.9k +36,858
90 Advocacy Wealth Management, LLC 4.91% of their portfolio ATLANTA, GA 348,660348.7k $62.5m $62.5m 4.91% Added +25.2k +25,187
91 Financial Advisors, LLC 11.55% of their portfolio ANDOVER, MA 338,231338.2k $60.6m $60.6m 11.55% Reduced -942 -942
92 Valence8 US LP 26.37% of their portfolio Cambridge, MA 337,472337.5k $60.5m $60.5m 26.37% Added +36.4k +36,424
93 Summit Trail Advisors, LLC 1.49% of their portfolio NEW YORK, NY 335,061335.1k $60.1m $60.1m 1.49% Added +47.3k +47,262
94 Gradient Investments LLC 1.24% of their portfolio ARDEN HILLS, MN 332,084332.1k $59.5m $59.5m 1.24% Added +4.3k +4,311
95 Wilmington Savings Fund Society, FSB 1.06% of their portfolio WILMINGTON, DE 329,029329.0k $59.0m $59.0m 1.06% Reduced -8.4k -8,403
96 Trilogy Capital Inc. 2.96% of their portfolio IRVINE, CA 327,632327.6k $58.7m $58.7m 2.96% Added +2.1k +2,094
97 NorthCoast Asset Management LLC 0.40% of their portfolio STAMFORD, CT 318,980319.0k $57.1m $57.1m 0.40% Added +198.2k +198,197
98 LANDAAS & CO /WI /ADV 15.83% of their portfolio MILWAUKEE, WI 317,085317.1k $56.9m $56.9m 15.83% Added +36.0k +36,037
99 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.12% of their portfolio PLYMOUTH, MN 314,899314.9k $56.5m $56.5m 0.12% Reduced -3.8k -3,762
100 TRUIST FINANCIAL CORP 0.09% of their portfolio CHARLOTTE, NC 309,083309.1k $55.4m $55.4m 0.09% Added +835 +835