Vault-13

ISHARES TR VLUE

MSCI USA VALUE · ETP · CUSIP 46432F388

406 institutional holders -15 vs Q1 2024
54,041,69954.0m shares reported held*
$5.6bnreported value*
32 new 114 added 168 reduced 51 sold out net sold ≈ $193.5m (-2.9m 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 ($2.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $103.41. Options: 1 managers hold calls ($403.5k notional), 0 hold puts (—).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 468Q4 22: 468Q1 23: 445Q2 23: 432Q3 23: 416Q4 23: 435Q1 24: 421Q2 24: 406406Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022468
Q4 2022468
Q1 2023445
Q2 2023432
Q3 2023416
Q4 2023435
Q1 2024421
Q2 2024406

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 182 bought or addedQ4 22: 248 cut or sold outQ4 22Q1 23: 150 bought or addedQ1 23: 267 cut or sold outQ2 23: 126 bought or addedQ2 23: 269 cut or sold outQ2 23Q3 23: 118 bought or addedQ3 23: 237 cut or sold outQ4 23: 131 bought or addedQ4 23: 238 cut or sold outQ4 23Q1 24: 150 bought or addedQ1 24: 231 cut or sold outQ2 24: 146 bought or addedQ2 24: 219 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022182248
Q1 2023150267
Q2 2023126269
Q3 2023118237
Q4 2023131238
Q1 2024150231
Q2 2024146219

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ3 23 calls: $1.0kQ3 23 puts: $0Q3 23P/C 0.00Q4 23 calls: $362.1kQ4 23 puts: $0Q4 23P/C 0.00Q1 24 calls: $1.0kQ1 24 puts: $0Q1 24P/C 0.00Q2 24 calls: $403.5kQ2 24 puts: $0Q2 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2023$1.0k$00.00
Q4 2023$362.1k$00.00
Q1 2024$1.0k$00.00
Q2 2024$403.5k$00.00

Biggest buyers

FRANKLIN RESOURCES INC New +1,511,900+1.5m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +480,177+480.2k
Nan Shan Life Insurance Co., Ltd. Added +235,601+235.6k
GOLDMAN SACHS GROUP INC Added +109,375+109.4k
Trilogy Capital Inc. Added +51,675+51.7k
Strategic Financial Concepts, LLC New +42,885+42.9k
Mason Investment Advisory Services, Inc. Added +34,180+34.2k
BANK OF AMERICA CORP /DE/ Added +30,582+30.6k
Lighthouse Investment Partners, LLC New +27,000+27.0k
Kathmere Capital Management, LLC Added +26,550+26.6k

Biggest sellers

MORGAN STANLEY Reduced -1,572,926-1.6m
GFG Capital, LLC Sold out -1,197,440-1.2m
ENVESTNET ASSET MANAGEMENT INC Reduced -283,612-283.6k
MERCER GLOBAL ADVISORS INC /ADV Reduced -269,555-269.6k
LIFE LINE WEALTH MANAGEMENT LLC Sold out -224,330-224.3k
Matson Money. Inc. Reduced -219,244-219.2k
Integrated Wealth Concepts LLC Reduced -155,772-155.8k
Strategic Financial Services, Inc. Reduced -140,520-140.5k
Qube Research & Technologies Ltd Sold out -124,740-124.7k
Gunma Bank,Ltd. Sold out -97,000-97.0k

Biggest calls

Belvedere Trading LLC New $403.5k3.9k 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 1.93% of their portfolio MILWAUKEE, WI 18,858,24518.9m $2.0bn $2.0bn 1.93% Added +480.2k +480,177
2 Mason Investment Advisory Services, Inc. 28.76% of their portfolio RESTON, VA 4,489,2434.5m $464.5m $464.5m 28.76% Added +34.2k +34,180
3 Matson Money. Inc. 12.73% of their portfolio MASON, OH 3,699,4723.7m $382.7m $382.7m 12.73% Reduced -219.2k -219,244
4 MERCER GLOBAL ADVISORS INC /ADV 0.71% of their portfolio DENVER, CO 2,532,9462.5m $262.1m $262.1m 0.71% Reduced -269.6k -269,555
5 ENVESTNET ASSET MANAGEMENT INC 0.09% of their portfolio Berwyn, PA 2,515,1972.5m $260.2m $260.2m 0.09% Reduced -283.6k -283,612
6 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 1,865,3671.9m $193.0m $193.0m 0.02% Added +30.6k +30,582
7 BlackRock Inc. 0.00% of their portfolio New York, NY 1,516,5091.5m $156.9m $156.9m 0.00% Reduced -22.9k -22,879
8 FRANKLIN RESOURCES INC 0.05% of their portfolio San Mateo, CA 1,511,9001.5m $156.4m $156.4m 0.05% New
9 Wharton Business Group, LLC 5.96% of their portfolio MALVERN, PA 1,116,0911.1m $115.5m $115.5m 5.96% Added +7.9k +7,880
10 M&T Bank Corp 0.36% of their portfolio BUFFALO, NY 1,025,3251.0m $106.1m $106.1m 0.36% Added +796 +796
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 966,882966.9k $100.0m $100.0m 0.00% Reduced -46.1k -46,094
12 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 806,380806.4k $83.4m $83.4m 0.01% Reduced -1.6m -1,572,926
13 Cerity Partners LLC 0.20% of their portfolio NEW YORK, NY 709,283709.3k $73.4m $73.4m 0.20% Added +14.0k +14,004
14 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 699,901699.9k $72.4m $72.4m 0.04% Reduced -64.6k -64,612
15 PNC Financial Services Group, Inc. 0.05% of their portfolio Pittsburgh, PA 658,585658.6k $68.1m $68.1m 0.05% Reduced -19.0k -18,951
16 UBS Group AG 0.02% of their portfolio ZURICH, V8 641,670641.7k $66.4m $66.4m 0.02% Reduced -18.1k -18,134
17 Kathmere Capital Management, LLC 4.67% of their portfolio WAYNE, PA 425,675425.7k $44.0m $44.0m 4.67% Added +26.6k +26,550
18 Nan Shan Life Insurance Co., Ltd. 1.01% of their portfolio Taipei City, F5 413,628413.6k $42.8m $42.8m 1.01% Added +235.6k +235,601
19 Provida Pension Fund Administrator 1.04% of their portfolio LAS CONDES, SANTIAGO, F3 401,171401.2k $41.5m $41.5m 1.04% Unchanged
20 STATE OF MICHIGAN RETIREMENT SYSTEM 0.21% of their portfolio EAST LANSING, MI 398,200398.2k $41.2m $41.2m 0.21% Reduced -58.2k -58,200
21 Stonehearth Capital Management, LLC 15.46% of their portfolio DANVERS, MA 348,902348.9k $36.1m $36.1m 15.46% Added +21.8k +21,755
22 FMR LLC 0.00% of their portfolio BOSTON, MA 319,163319.2k $33.0m $33.0m 0.00% Added +18.1k +18,129
23 Spider Management Company, LLC 14.12% of their portfolio RICHMOND, VA 310,315310.3k $32.1m $32.1m 14.12% Unchanged
24 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 297,538297.5k $30.8m $30.8m 0.05% Reduced -13.4k -13,419
25 Janney Montgomery Scott LLC 0.09% of their portfolio PHILADELPHIA, PA 276,710276.7k $28.6m $28.6m 0.09% Reduced -16.1k -16,092
26 CFO4Life Group, LLC 5.10% of their portfolio COPPELL, TX 262,268262.3k $27.1m $27.1m 5.10% Added +1.1k +1,068
27 Integrated Wealth Concepts LLC 0.36% of their portfolio WALTHAM, MA 257,005257.0k $26.6m $26.6m 0.36% Reduced -155.8k -155,772
28 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 255,517255.5k $26.4m $26.4m 0.02% Reduced -52.5k -52,471
29 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 245,258245.3k $25.4m $25.4m 0.01% Reduced -17.5k -17,522
30 INTRUST BANK NA 2.32% of their portfolio WICHITA, KS 211,279211.3k $21.9m $21.9m 2.32% Added +5.0k +5,044
31 CWM, LLC 0.09% of their portfolio OMAHA, NE 186,051186.1k $19.2m $19.2m 0.09% Reduced -20.4k -20,401
32 Trilogy Capital Inc. 1.03% of their portfolio IRVINE, CA 183,985184.0k $19.0m $19.0m 1.03% Added +51.7k +51,675
33 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 175,768175.8k $18.2m $18.2m 0.00% Added +9.4k +9,443
34 Strategic Financial Services, Inc. 1.14% of their portfolio UTICA, NY 173,639173.6k $18.0m $18.0m 1.14% Reduced -140.5k -140,520
35 SVB WEALTH LLC 0.43% of their portfolio BOSTON, MA 169,320169.3k $17.5m $17.5m 0.43% Reduced -71.6k -71,558
36 Elk River Wealth Management LLC 3.09% of their portfolio DENVER, CO 152,541152.5k $15.8m $15.8m 3.09% Added +5.1k +5,056
37 Meridian Wealth Partners, LLC 2.78% of their portfolio EXTON, PA 152,068152.1k $15.7m $15.7m 2.78% Added +8.2k +8,241
38 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 135,798135.8k $14.0m $14.0m 0.00% Added +109.4k +109,375
39 JOURNEY STRATEGIC WEALTH LLC 0.56% of their portfolio SUMMIT, NJ 128,429128.4k $13.3m $13.3m 0.56% Added +9.8k +9,849
40 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 114,663114.7k $11.9m $11.9m 0.02% Reduced -6.0k -5,992
41 Foster Group, Inc. 0.46% of their portfolio WEST DES MOINES, IA 114,073114.1k $11.8m $11.8m 0.46% Added +9.3k +9,348
42 Merriman Wealth Management, LLC 0.48% of their portfolio SEATTLE, WA 106,726106.7k $11.0m $11.0m 0.48% Reduced -1.5k -1,542
43 Addison Advisors LLC 3.48% of their portfolio MIDDLEBURY, VT 104,191104.2k $10.8m $10.8m 3.48% Added +9.7k +9,716
44 Cresset Asset Management, LLC 0.04% of their portfolio Chicago, IL 94,58494.6k $9.8m $9.8m 0.04% Reduced -2.0k -2,027
45 Haverford Trust Co 0.10% of their portfolio Radnor, PA 90,00490.0k $9.3m $9.3m 0.10% Reduced -64.9k -64,858
46 Wolf Group Capital Advisors 3.66% of their portfolio FAIRFAX, VA 89,70989.7k $9.3m $9.3m 3.66% Reduced -3.8k -3,798
47 Summit Wealth Group, LLC 2.77% of their portfolio WHITE RIVER JUNCTION, VT 89,14189.1k $9.2m $9.2m 2.77% Reduced -606 -606
48 BUCKINGHAM STRATEGIC WEALTH, LLC 0.10% of their portfolio CLAYTON, MO 88,81788.8k $9.2m $9.2m 0.10% Reduced -2.5k -2,502
49 SIGNATUREFD, LLC 0.17% of their portfolio ATLANTA, GA 83,19283.2k $8.6m $8.6m 0.17% Reduced -1.2k -1,187
50 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 82,45182.5k $8.5m $8.5m 0.00% Reduced -24.0k -23,975
51 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 81,97082.0k $8.5m $8.5m 0.01% Added +2.0k +2,002
52 Steward Partners Investment Advisory, LLC 0.09% of their portfolio STAMFORD, CT 81,77581.8k $8.5m $8.5m 0.09% Added +1.0k +1,017
53 Savant Capital, LLC 0.08% of their portfolio ROCKFORD, IL 81,57381.6k $8.4m $8.4m 0.08% Added +730 +730
54 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 79,02379.0k $8.2m $8.2m 0.02% Added +2.4k +2,379
55 ANDERSON HOAGLAND & CO 0.84% of their portfolio ST LOUIS, MO 77,22977.2k $8.0m $8.0m 0.84% Reduced -807 -807
56 Aptus Capital Advisors, LLC 0.15% of their portfolio FAIRHOPE, AL 76,17076.2k $7.9m $7.9m 0.15% Reduced -52.6k -52,618
57 Cerro Pacific Wealth Advisors LLC 2.99% of their portfolio San Luis Obispo, CA 75,54175.5k $7.8m $7.8m 2.99% First filing
58 SYNTAX RESEARCH, INC. 5.85% of their portfolio BOCA RATON, FL 71,52671.5k $7.4m $7.4m 5.85% Added +6.0k +5,964
59 Parallel Advisors, LLC 0.18% of their portfolio SAN FRANCISCO, CA 67,29167.3k $7.0m $7.0m 0.18% Reduced -2.2k -2,204
60 FIRST FINANCIAL BANK - TRUST DIVISION 0.64% of their portfolio HAMILTON, OH 62,60762.6k $6.5m $6.5m 0.64% Reduced -20 -20
61 OneDigital Investment Advisors LLC 0.08% of their portfolio OVERLAND PARK, KS 58,88558.9k $6.1m $6.1m 0.08% Added +9.4k +9,368
62 WADDELL & ASSOCIATES, LLC 0.79% of their portfolio MEMPHIS, TN 57,98758.0k $6.0m $6.0m 0.79% Reduced -1.9k -1,876
63 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 57,89057.9k $6.0m $6.0m 0.02% Reduced -1.8k -1,770
64 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.10% of their portfolio BOSTON, MA 57,87757.9k $5.9m $5.9m 0.10% Unchanged
65 BBJS FINANCIAL ADVISORS, LLC 2.15% of their portfolio SEATTLE, WA 55,67755.7k $5.8m $5.8m 2.15% Reduced -33 -33
66 IFP Advisors, Inc 0.23% of their portfolio TAMPA, FL 55,04455.0k $5.7m $5.7m 0.23% Added +496 +496
67 Well Done, LLC 1.14% of their portfolio HOLLAND, MI 53,07553.1k $5.5m $5.5m 1.14% Reduced -6.7k -6,689
68 Mariner, LLC 0.01% of their portfolio Overland Park, KS 50,65350.7k $5.2m $5.2m 0.01% Reduced -43.4k -43,449
69 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 46,88446.9k $4.9m $4.9m 0.01% Reduced -4.4k -4,405
70 U.S. Capital Wealth Advisors, LLC 0.17% of their portfolio AUSTIN, TX 43,28943.3k $4.5m $4.5m 0.17% Reduced -8.9k -8,920
71 Strategic Financial Concepts, LLC 0.04% of their portfolio SAN ANTONIO, TX 42,88542.9k $69.5k $69.5k 0.04% New
72 Interchange Capital Partners, LLC 1.57% of their portfolio PITTSBURGH, PA 41,18641.2k $4.3m $4.3m 1.57% Added +238 +238
73 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 38,70238.7k $4.0m $4.0m 0.01% Added +664 +664
74 Focus Financial Network, Inc. 0.18% of their portfolio MINNEAPOLIS, MN 38,65038.6k $4.2m $4.2m 0.18% Added +209 +209
75 EVERGREEN CAPITAL MANAGEMENT LLC 0.14% of their portfolio Bellevue, WA 38,57338.6k $4.0m $4.0m 0.14% Reduced -103 -103
76 Bank Julius Baer & Co. Ltd, Zurich 0.02% of their portfolio ZURICH, V8 34,97735.0k $4.0m $4.0m 0.02% Reduced -3.9k -3,948
77 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 34,62134.6k $3.6m $3.6m 0.04% Reduced -3.2k -3,176
78 Lido Advisors, LLC 0.03% of their portfolio Los Angeles, CA 34,56734.6k $3.6m $3.6m 0.03% Reduced -9.3k -9,341
79 STEPHENS INC /AR/ 0.05% of their portfolio LITTLE ROCK, AR 33,99934.0k $3.5m $3.5m 0.05% Reduced -119 -119
80 EFG Private Wealth Management (Americas) Corp. 0.68% of their portfolio MIAMI, FL 33,65233.7k $3.5m $3.5m 0.68% Added +20.0k +20,015
81 SIMON QUICK ADVISORS, LLC 0.23% of their portfolio MORRISTOWN, NJ 32,07232.1k $3.3m $3.3m 0.23% Reduced -2.4k -2,449
82 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 32,02332.0k $3.3m $3.3m 0.01% Reduced -1.5k -1,534
83 FIRST CITIZENS BANK & TRUST CO 0.06% of their portfolio RALEIGH, NC 31,81831.8k $3.3m $3.3m 0.06% Reduced -9.4k -9,351
84 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 30,24930.2k $3.1m $3.1m 0.01% Reduced -9.6k -9,617
85 EP Wealth Advisors, LLC 0.03% of their portfolio TORRANCE, CA 27,45027.4k $2.8m $2.8m 0.03% Reduced -1.5k -1,491
86 EQ LLC 1.70% of their portfolio BELLEVUE, WA 27,44627.4k $2.8m $2.8m 1.70% Added +1.2k +1,234
87 Dorsey & Whitney Trust CO LLC 0.19% of their portfolio SIOUX FALLS, SD 27,17527.2k $2.8m $2.8m 0.19% Unchanged
88 Lighthouse Investment Partners, LLC 0.16% of their portfolio Palm Beach Gardens, FL 27,00027.0k $2.8m $2.8m 0.16% New
89 Focus Partners Advisor Solutions, LLC 0.07% of their portfolio SAINT LOUIS, MO 25,63625.6k $2.7m $2.7m 0.07% Reduced -155 -155
90 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 24,64824.6k $2.6m $2.6m 0.02% Reduced -3.0k -3,037
91 Financial & Tax Architects, LLC 0.65% of their portfolio ST LOUIS, MO 23,32323.3k $2.4m $2.4m 0.65% Added +165 +165
92 Advisory Services Network, LLC 0.05% of their portfolio ATLANTA, GA 22,99523.0k $2.4m $2.4m 0.05% Added +21.5k +21,456
93 BARON SILVER STEVENS FINANCIAL ADVISORS, LLC 0.44% of their portfolio Boca Raton, FL 22,58922.6k $2.3m $2.3m 0.44% Reduced -907 -907
94 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 21,60121.6k $2.2m $2.2m 0.01% Added +984 +984
95 LS Investment Advisors, LLC 0.33% of their portfolio Bloomfield Hills, MI 20,32220.3k $2.1m $2.1m 0.33% Reduced -679 -679
96 PEDDOCK CAPITAL ADVISORS, LLC 0.54% of their portfolio BRAINTREE, MA 20,23120.2k $2.1m $2.1m 0.54% Added +1.3k +1,264
97 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 20,17820.2k $2.1m $2.1m 0.01% First filing
98 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 19,51419.5k $2.0m $2.0m 0.00% Added +949 +949
99 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 19,26619.3k $2.0m $2.0m 0.00% Added +6.2k +6,192
100 McAdam, LLC 0.12% of their portfolio Philadelphia, PA 19,20419.2k $2.0m $2.0m 0.12% Reduced -1.6k -1,605