Vault-13

ISHARES TR MTUM

MSCI USA MMENTM · ETP · CUSIP 46432F396

705 institutional holders -61 vs Q4 2022
70,443,13770.4m shares reported held*
$8.4bnreported value*
58 new 186 added 345 reduced 117 sold out net sold ≈ $1.2bn (+1.6m 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 ($3.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $119.15. Options: 3 managers hold calls ($3.1m notional), 5 hold puts ($3.3m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 613Q4 22: 766Q1 23: 705705Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022613
Q4 2022766
Q1 2023705

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q4 22: 406 bought or addedQ4 22: 265 cut or sold outQ4 22Q1 23: 244 bought or addedQ1 23: 462 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022406265
Q1 2023244462

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 22 calls: $5.6mQ3 22 puts: $5.0mQ3 22P/C 0.89Q4 22 calls: $56.1mQ4 22 puts: $24.6mQ4 22P/C 0.44Q1 23 calls: $3.1mQ1 23 puts: $3.3mQ1 23P/C 1.07
Numbers
QuarterCallsPutsP/C
Q3 2022$5.6m$5.0m0.89
Q4 2022$56.1m$24.6m0.44
Q1 2023$3.1m$3.3m1.07

Biggest buyers

Summit Wealth Group, LLC Added +10,765,018+10.8m
EP Wealth Advisors, LLC Added +590,527+590.5k
FMR LLC Added +538,367+538.4k
MERCER GLOBAL ADVISORS INC /ADV Added +416,979+417.0k
SYNOVUS FINANCIAL CORP New +342,796+342.8k
CAPTRUST FINANCIAL ADVISORS Added +169,647+169.6k
RAYMOND JAMES & ASSOCIATES Added +125,724+125.7k
STATE OF MICHIGAN RETIREMENT SYSTEM Added +102,106+102.1k
JANE STREET GROUP, LLC Added +100,850+100.8k
Journey Advisory Group, LLC Added +100,145+100.1k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -3,144,309-3.1m
BlackRock Inc. Reduced -788,050-788.0k
LPL Financial LLC Reduced -625,474-625.5k
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC Sold out -580,785-580.8k
MORGAN STANLEY Reduced -573,874-573.9k
CWM, LLC Reduced -511,045-511.0k
Horizon Investments, LLC Reduced -374,551-374.6k
PARK AVENUE SECURITIES LLC Reduced -342,955-343.0k
OSAIC HOLDINGS, INC. Reduced -335,968-336.0k
Janney Montgomery Scott LLC Reduced -295,262-295.3k

Biggest calls

CITADEL ADVISORS LLC Reduced $1.9m14.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.1m8.1k shares
Cutler Group LLC / CA New $4.0k3.2k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $2.6m18.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $444.9k3.2k shares
WOLVERINE TRADING, LLC New $207.0k1.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Added $0500 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 2026-05-06 6.5% +1.1 pts 5.5m≈ $1.9bn 2026-05-06

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Summit Wealth Group, LLC 0.21% of their portfolio WHITE RIVER JUNCTION, VT 10,831,93910.8m $78 $78 0.21% Added +10.8m +10,765,018
2 ENVESTNET ASSET MANAGEMENT INC 0.45% of their portfolio Berwyn, PA 6,775,2226.8m $942.0m $942.0m 0.45% Reduced -3.1m -3,144,309
3 MERCER GLOBAL ADVISORS INC /ADV 3.64% of their portfolio DENVER, CO 5,770,4845.8m $802.3m $802.3m 3.64% Added +417.0k +416,979
4 FMR LLC 0.03% of their portfolio BOSTON, MA 4,806,2824.8m $668.3m $668.3m 0.03% Added +538.4k +538,367
5 RAYMOND JAMES & ASSOCIATES 0.34% of their portfolio ST PETERSBURG, FL 2,830,4732.8m $393.5m $393.5m 0.34% Added +125.7k +125,724
6 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 3.48% of their portfolio PLYMOUTH, MN 2,146,0052.1m $298.4m $298.4m 3.48% Added +21.2k +21,208
7 CAPTRUST FINANCIAL ADVISORS 1.17% of their portfolio RALEIGH, NC 1,913,7761.9m $266.1m $266.1m 1.17% Added +169.6k +169,647
8 STATE OF MICHIGAN RETIREMENT SYSTEM 1.72% of their portfolio EAST LANSING, MI 1,878,2401.9m $261.2m $261.2m 1.72% Added +102.1k +102,106
9 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 1,787,0641.8m $248.5m $248.5m 0.03% Reduced -253.1k -253,060
10 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 1,771,5211.8m $246.3m $246.3m 0.03% Reduced -573.9k -573,874
11 ASSETMARK, INC 0.80% of their portfolio CONCORD, CA 1,398,4571.4m $194.4m $194.4m 0.80% Added +30.3k +30,308
12 CWM, LLC 1.20% of their portfolio OMAHA, NE 1,275,8001.3m $177.4m $177.4m 1.20% Reduced -511.0k -511,045
13 BlackRock Inc. 0.00% of their portfolio New York, NY 1,067,8061.1m $148.5m $148.5m 0.00% Reduced -788.0k -788,050
14 Blue Trust, Inc. 2.53% of their portfolio BRENTWOOD, TN 1,056,2611.1m $154.1m $154.1m 2.53% Added +4.8k +4,794
15 Savant Capital, LLC 2.17% of their portfolio ROCKFORD, IL 837,285837.3k $116.4m $116.4m 2.17% Added +41.5k +41,451
16 LPL Financial LLC 0.09% of their portfolio FORT MILL, SC 835,729835.7k $116.2m $116.2m 0.09% Reduced -625.5k -625,474
17 UBS Group AG 0.05% of their portfolio ZURICH, V8 814,586814.6k $113.3m $113.3m 0.05% Reduced -115.2k -115,186
18 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 4.23% of their portfolio Seattle, WA 701,761701.8k $97.6m $97.6m 4.23% Added +65.6k +65,638
19 PNC Financial Services Group, Inc. 0.08% of their portfolio Pittsburgh, PA 684,192684.2k $95.1m $95.1m 0.08% Reduced -42.1k -42,080
20 Corient Private Wealth LP 0.24% of their portfolio MIAMI, FL 631,554631.6k $87.8m $87.8m 0.24% Added +11.3k +11,301
21 EP Wealth Advisors, LLC 2.93% of their portfolio TORRANCE, CA 592,911592.9k $170.9m $170.9m 2.93% Added +590.5k +590,527
22 OXFORD FINANCIAL GROUP, LTD. LLC 8.79% of their portfolio INDIANAPOLIS, IN 563,466563.5k $78.3m $78.3m 8.79% Added +35.5k +35,527
23 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 554,113554.1k $77.0m $77.0m 0.02% Reduced -153.8k -153,831
24 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 548,802548.8k $76.3m $76.3m 0.03% Reduced -55.2k -55,250
25 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 521,255521.3k $72.5m $72.5m 0.02% Reduced -114.6k -114,584
26 KEYBANK NATIONAL ASSOCIATION/OH 0.32% of their portfolio BROOKLYN, OH 483,400483.4k $67.2m $67.2m 0.32% Reduced -56.8k -56,802
27 COMMONWEALTH EQUITY SERVICES, LLC 0.13% of their portfolio WALTHAM, MA 429,093429.1k $59.7m $59.7m 0.13% Reduced -2.2k -2,195
28 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 412,554412.6k $57.4m $57.4m 0.01% Reduced -249.0k -249,004
29 1900 WEALTH MANAGEMENT LLC 6.29% of their portfolio SAN ANTONIO, TX 407,482407.5k $58.5m $58.5m 6.29% Reduced -7.7k -7,656
30 Raymond James Financial Services Advisors, Inc. 0.10% of their portfolio ST. PETERSBURG, FL 391,200391.2k $54.4m $54.4m 0.10% Reduced -8.5k -8,518
31 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 382,340382.3k $53.2m $53.2m 0.02% Added +726 +726
32 Integrated Wealth Concepts LLC 1.07% of their portfolio WALTHAM, MA 372,852372.9k $51.8m $51.8m 1.07% Reduced -18.6k -18,585
33 Mariner, LLC 0.15% of their portfolio Overland Park, KS 365,152365.2k $50.8m $50.8m 0.15% Reduced -23.0k -22,951
34 OSAIC HOLDINGS, INC. 0.09% of their portfolio SCOTTSDALE, AZ 349,490349.5k $48.7m $48.7m 0.09% Reduced -336.0k -335,968
35 Symmetry Partners, LLC 2.65% of their portfolio GLASTONBURY, CT 346,346346.3k $48.0m $48.0m 2.65% Added +32.5k +32,530
36 SYNOVUS FINANCIAL CORP 0.54% of their portfolio Columbus, GA 342,796342.8k $47.7m $47.7m 0.54% New
37 RFG Advisory, LLC 2.27% of their portfolio BIRMINGHAM, AL 332,872332.9k $46.3m $46.3m 2.27% Reduced -13.4k -13,392
38 Trilogy Capital Inc. 2.83% of their portfolio IRVINE, CA 286,575286.6k $39.8m $39.8m 2.83% Added +9.5k +9,459
39 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 245,571245.6k $34.1m $34.1m 0.01% Reduced -24.6k -24,556
40 DAIDO LIFE INSURANCE CO 3.35% of their portfolio TOKYO, M0 241,799241.8k $33.6m $33.6m 3.35% Unchanged
41 Ameritas Advisory Services, LLC 1.56% of their portfolio Lincoln, NE 217,341217.3k $31.0m $31.0m 1.56% Reduced -10.5k -10,503
42 Janney Montgomery Scott LLC 0.12% of their portfolio PHILADELPHIA, PA 212,331212.3k $29.5m $29.5m 0.12% Reduced -295.3k -295,262
43 Armbruster Capital Management, Inc. 7.46% of their portfolio PITTSFORD, NY 210,017210.0k $29.2m $29.2m 7.46% Reduced -1.3k -1,334
44 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 196,093196.1k $27.3m $27.3m 0.04% Reduced -9.2k -9,192
45 Baird Financial Group, Inc. 0.07% of their portfolio MILWAUKEE, WI 192,214192.2k $26.7m $26.7m 0.07% Reduced -38.0k -38,038
46 Intelligence Driven Advisers, LLC 4.82% of their portfolio CARLSBAD, CA 188,492188.5k $26.8m $26.8m 4.82% Added +455 +455
47 High Probability Advisors, LLC 5.81% of their portfolio Pittsford, NY 178,894178.9k $24.9m $24.9m 5.81% Added +25.1k +25,075
48 PFS INVESTMENTS INC. 0.40% of their portfolio DULUTH, GA 161,570161.6k $23.0m $23.0m 0.40% Reduced -77.7k -77,734
49 Kathmere Capital Management, LLC 3.68% of their portfolio WAYNE, PA 161,296161.3k $22.4m $22.4m 3.68% Added +2.6k +2,570
50 Wealth Management Solutions, LLC 12.84% of their portfolio EXTON, PA 160,358160.4k $22.3m $22.3m 12.84% Added +17.0k +17,016
51 Insight Wealth Strategies, LLC 4.28% of their portfolio SAN RAMON, CA 156,944156.9k $21.8m $21.8m 4.28% Reduced -5.9k -5,949
52 OneDigital Investment Advisors LLC 0.50% of their portfolio OVERLAND PARK, KS 153,883153.9k $21.4m $21.4m 0.50% Reduced -124.0k -123,993
53 Foundations Investment Advisors, LLC 0.76% of their portfolio PHOENIX, AZ 153,004153.0k $21.3m $21.3m 0.76% Added +35.2k +35,247
54 Well Done, LLC 4.53% of their portfolio HOLLAND, MI 150,734150.7k $21.0m $21.0m 4.53% Reduced -758 -758
55 Burt Wealth Advisors 6.49% of their portfolio North Bethesda, MD 150,137150.1k $20.9m $20.9m 6.49% Added +7.3k +7,338
56 AE Wealth Management LLC 0.13% of their portfolio TOPEKA, KS 145,169145.2k $20.2m $20.2m 0.13% Reduced -84.2k -84,154
57 Cornerstone Wealth Group, LLC 3.53% of their portfolio HUNTERSVILLE, NC 142,580142.6k $19.8m $19.8m 3.53% Added +710 +710
58 Meredith Wealth Planning 15.12% of their portfolio MARYVILLE, IL 135,055135.1k $18.8m $18.8m 15.12% Added +10.7k +10,697
59 MML INVESTORS SERVICES, LLC 0.13% of their portfolio SPRINGFIELD, MA 134,642134.6k $18.7m $18.7m 0.13% Reduced -167.2k -167,202
60 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 1.39% of their portfolio ROCHESTER, NY 134,298134.3k $18.7m $18.7m 1.39% Added +2.0k +2,007
61 Lee Financial Co 3.18% of their portfolio Dallas, TX 133,402133.4k $18.5m $18.5m 3.18% Reduced -3.5k -3,537
62 Equitable Holdings, Inc. 0.29% of their portfolio NEW YORK, NY 132,496132.5k $18.4m $18.4m 0.29% Added +8.7k +8,727
63 Bell Investment Advisors, Inc 4.14% of their portfolio ORINDA, CA 127,419127.4k $17.7m $17.7m 4.14% Reduced -4.0k -4,033
64 CFO4Life Group, LLC 3.94% of their portfolio COPPELL, TX 124,625124.6k $17.3m $17.3m 3.94% Added +17.4k +17,368
65 Cetera Advisor Networks LLC 0.12% of their portfolio EL SEGUNDO, CA 115,839115.8k $16.1m $16.1m 0.12% Reduced -59.5k -59,502
66 OPPENHEIMER & CO INC 0.34% of their portfolio NEW YORK, NY 114,089114.1k $15.9m $15.9m 0.34% Added +5.2k +5,176
67 Cambridge Investment Research Advisors, Inc. 0.08% of their portfolio FAIRFIELD, IA 112,784112.8k $15.7m $15.7m 0.08% Reduced -30.4k -30,422
68 Glenview Trust Co 0.47% of their portfolio Louisville, KY 111,911111.9k $15.6m $15.6m 0.47% Added +8.6k +8,577
69 Adaptive Financial Consulting, LLC 8.24% of their portfolio BEACHWOOD, OH 109,652109.7k $15.2m $15.2m 8.24% Added +3.0k +3,030
70 M&T Bank Corp 0.06% of their portfolio BUFFALO, NY 107,699107.7k $15.0m $15.0m 0.06% Reduced -6.1k -6,129
71 Sensible Financial Planning & Management, LLC. 3.47% of their portfolio WALTHAM, MA 105,837105.8k $14.7m $14.7m 3.47% Added +4.3k +4,259
72 Forefront Analytics, LLC 7.40% of their portfolio WEST CONSHOHOCKEN, PA 103,181103.2k $14.3m $14.3m 7.40% Reduced -3.2k -3,213
73 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 102,908102.9k $14.3m $14.3m 0.02% Added +100.8k +100,850
74 Journey Advisory Group, LLC 2.26% of their portfolio COVINGTON, KY 102,745102.7k $14.3m $14.3m 2.26% Added +100.1k +100,145
75 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 101,200101.2k $14.1m $14.1m 0.02% Reduced -45.5k -45,467
76 Stonehearth Capital Management, LLC 7.37% of their portfolio DANVERS, MA 98,61598.6k $13.7m $13.7m 7.37% Added +2.9k +2,884
77 Strategic Financial Services, Inc. 1.03% of their portfolio UTICA, NY 95,88395.9k $13.3m $13.3m 1.03% Reduced -1.2k -1,246
78 DONALDSON CAPITAL MANAGEMENT, LLC 0.60% of their portfolio EVANSVILLE, IN 90,61090.6k $12.6m $12.6m 0.60% Added +4.1k +4,068
79 Clear Creek Financial Management, LLC 2.25% of their portfolio SILVERDALE, WA 85,06685.1k $11.8m $11.8m 2.25% Added +13.8k +13,754
80 Private Advisor Group, LLC 0.11% of their portfolio MORRISTOWN, NJ 84,67984.7k $11.8m $11.8m 0.11% Reduced -5.6k -5,590
81 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 81,77681.8k $11.4m $11.4m 0.02% Reduced -36.5k -36,506
82 Trinity Wealth Management, LLC 7.45% of their portfolio BERWYN, PA 81,61981.6k $11.3m $11.3m 7.45% Added +2.8k +2,841
83 CHOREO, LLC 0.38% of their portfolio ROCKFORD, IL 77,89877.9k $10.8m $10.8m 0.38% New
84 SAX WEALTH ADVISORS, LLC 2.34% of their portfolio PARSIPPANY, NJ 77,48377.5k $10.8m $10.8m 2.34% Reduced -5.4k -5,435
85 Acropolis Investment Management, LLC 0.88% of their portfolio ST. LOUIS, MO 76,85576.9k $10.7m $10.7m 0.88% New
86 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 74,71974.7k $10.4m $10.4m 0.02% Reduced -14.6k -14,594
87 Sanchez Wealth Management Group 4.19% of their portfolio JACKSONVILLE, FL 68,45968.5k $9.5m $9.5m 4.19% Reduced -7 -7
88 Beacon Pointe Advisors, LLC 0.16% of their portfolio NEWPORT BEACH, CA 67,56767.6k $9.4m $9.4m 0.16% Reduced -1.4k -1,390
89 Stratos Wealth Partners, LTD. 0.25% of their portfolio BEACHWOOD, OH 67,32267.3k $9.4m $9.4m 0.25% Reduced -15.6k -15,605
90 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 66,91566.9k $9.3m $9.3m 0.00% Added +41.7k +41,704
91 Cassia Capital Partners, LLC 7.27% of their portfolio WINSTON SALEM, NC 65,09265.1k $9.1m $9.1m 7.27% Reduced -797 -797
92 Stokes Family Office, LLC 1.12% of their portfolio NEW ORLEANS, LA 64,38164.4k $9.0m $9.0m 1.12% Reduced -108.0k -108,025
93 Daiichi Life Insurance Co., Ltd. 0.20% of their portfolio TOKYO, M0 64,17064.2k $8.9m $8.9m 0.20% Reduced -6.5k -6,491
94 Shore Point Advisors, LLC 6.67% of their portfolio BRIELLE, NJ 63,26663.3k $8.8m $8.8m 6.67% Added +3.5k +3,483
95 Sigma Planning Corp 0.29% of their portfolio ANN ARBOR, MI 62,41862.4k $8.7m $8.7m 0.29% Reduced -2.1k -2,145
96 Lido Advisors, LLC 0.12% of their portfolio Los Angeles, CA 61,25361.3k $8.5m $8.5m 0.12% Reduced -947 -947
97 PRUDENT INVESTORS NETWORK, INC. 4.00% of their portfolio LAKE FOREST, CA 60,61560.6k $8.4m $8.4m 4.00% Reduced -8.1k -8,149
98 New Millennium Group LLC 8.29% of their portfolio SANDY, UT 59,32159.3k $8.2m $8.2m 8.29% Added +726 +726
99 Chicago Partners Investment Group LLC 0.49% of their portfolio CHICAGO, IL 58,30158.3k $8.4m $8.4m 0.49% Reduced -2.5k -2,495
100 ARQ WEALTH ADVISORS, LLC 5.91% of their portfolio SCOTTSDALE, AZ 57,83457.8k $8.0m $8.0m 5.91% Reduced -23.7k -23,696