Vault-13

ISHARES TR MTUM

MSCI USA MMENTM · ETP · CUSIP 46432F396

649 institutional holders -56 vs Q1 2023
53,469,25853.5m shares reported held*
$7.7bnreported value*
42 new 145 added 348 reduced 109 sold out net sold ≈ $1.0bn (-17.4m 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 ≈ $143.22. Options: 3 managers hold calls ($4.5m notional), 6 hold puts ($2.7m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 613Q4 22: 766Q1 23: 705Q2 23: 649649Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022613
Q4 2022766
Q1 2023705
Q2 2023649

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 23Q2 23: 187 bought or addedQ2 23: 457 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022406265
Q1 2023244462
Q2 2023187457

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 1.07Q2 23 calls: $4.5mQ2 23 puts: $2.7mQ2 23P/C 0.61
Numbers
QuarterCallsPutsP/C
Q3 2022$5.6m$5.0m0.89
Q4 2022$56.1m$24.6m0.44
Q1 2023$3.1m$3.3m1.07
Q2 2023$4.5m$2.7m0.61

Biggest buyers

Cerity Partners LLC Added +1,237,401+1.2m
MERCER GLOBAL ADVISORS INC /ADV Added +457,343+457.3k
GFG Capital, LLC Added +346,488+346.5k
BlackRock Inc. Added +188,883+188.9k
CAPTRUST FINANCIAL ADVISORS Added +181,540+181.5k
RAYMOND JAMES & ASSOCIATES Added +89,212+89.2k
Savant Capital, LLC Added +70,264+70.3k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +61,382+61.4k
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management Added +53,074+53.1k
ASSETMARK, INC Added +48,515+48.5k

Biggest sellers

Summit Wealth Group, LLC Reduced -10,746,889-10.7m
FMR LLC Reduced -3,952,792-4.0m
EP Wealth Advisors, LLC Reduced -591,402-591.4k
RFG Advisory, LLC Reduced -327,404-327.4k
Mariner, LLC Reduced -283,467-283.5k
CWM, LLC Reduced -221,133-221.1k
Ameritas Advisory Services, LLC Reduced -192,265-192.3k
JPMORGAN CHASE & CO Reduced -173,338-173.3k
LPL Financial LLC Reduced -167,943-167.9k
Intelligence Driven Advisers, LLC Reduced -167,615-167.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.6m24.9k shares
CITADEL ADVISORS LLC Reduced $879.9k6.1k shares
Cutler Group LLC / CA Added $14.0k4.3k shares

Biggest puts

Twin Tree Management, LP New $1.9m13.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $331.8k2.3k shares
Warberg Asset Management LLC New $288.5k2.0k shares
CITADEL ADVISORS LLC Reduced $201.9k1.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Reduced $0100 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.42% of their portfolio Berwyn, PA 6,636,8286.6m $957.4m $957.4m 0.42% Reduced -138.4k -138,394
2 MERCER GLOBAL ADVISORS INC /ADV 3.57% of their portfolio DENVER, CO 6,227,8276.2m $898.4m $898.4m 3.57% Added +457.3k +457,343
3 RAYMOND JAMES & ASSOCIATES 0.35% of their portfolio ST PETERSBURG, FL 2,919,6852.9m $421.2m $421.2m 0.35% Added +89.2k +89,212
4 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 3.43% of their portfolio PLYMOUTH, MN 2,207,3872.2m $318.4m $318.4m 3.43% Added +61.4k +61,382
5 CAPTRUST FINANCIAL ADVISORS 1.19% of their portfolio RALEIGH, NC 2,095,3162.1m $302.2m $302.2m 1.19% Added +181.5k +181,540
6 STATE OF MICHIGAN RETIREMENT SYSTEM 1.62% of their portfolio EAST LANSING, MI 1,816,2401.8m $262.0m $262.0m 1.62% Reduced -62.0k -62,000
7 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 1,638,7501.6m $236.4m $236.4m 0.03% Reduced -148.3k -148,314
8 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 1,633,1441.6m $235.6m $235.6m 0.02% Reduced -138.4k -138,377
9 ASSETMARK, INC 0.82% of their portfolio CONCORD, CA 1,446,9721.4m $208.7m $208.7m 0.82% Added +48.5k +48,515
10 BlackRock Inc. 0.01% of their portfolio New York, NY 1,256,6891.3m $181.3m $181.3m 0.01% Added +188.9k +188,883
11 Cerity Partners LLC 0.70% of their portfolio NEW YORK, NY 1,240,7231.2m $179.0m $179.0m 0.70% Added +1.2m +1,237,401
12 CWM, LLC 0.94% of their portfolio OMAHA, NE 1,054,6671.1m $152.1m $152.1m 0.94% Reduced -221.1k -221,133
13 Blue Trust, Inc. 2.28% of their portfolio BRENTWOOD, TN 1,035,8061.0m $144.0m $144.0m 2.28% Reduced -20.5k -20,455
14 Savant Capital, LLC 2.05% of their portfolio ROCKFORD, IL 907,549907.5k $130.9m $130.9m 2.05% Added +70.3k +70,264
15 FMR LLC 0.01% of their portfolio BOSTON, MA 853,490853.5k $123.1m $123.1m 0.01% Reduced -4.0m -3,952,792
16 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 4.39% of their portfolio Seattle, WA 754,835754.8k $108.9m $108.9m 4.39% Added +53.1k +53,074
17 UBS Group AG 0.04% of their portfolio ZURICH, V8 705,456705.5k $101.8m $101.8m 0.04% Reduced -109.1k -109,130
18 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 667,786667.8k $96.3m $96.3m 0.07% Reduced -167.9k -167,943
19 PNC Financial Services Group, Inc. 0.08% of their portfolio Pittsburgh, PA 648,097648.1k $93.5m $93.5m 0.08% Reduced -36.1k -36,095
20 Corient Private Wealth LP 0.21% of their portfolio MIAMI, FL 639,338639.3k $92.2m $92.2m 0.21% Added +7.8k +7,784
21 OXFORD FINANCIAL GROUP, LTD. LLC 7.64% of their portfolio INDIANAPOLIS, IN 557,139557.1k $80.4m $80.4m 7.64% Reduced -6.3k -6,327
22 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 544,771544.8k $78.5m $78.5m 0.02% Reduced -4.0k -4,031
23 KEYBANK NATIONAL ASSOCIATION/OH 0.30% of their portfolio BROOKLYN, OH 461,436461.4k $66.6m $66.6m 0.30% Reduced -22.0k -21,964
24 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 439,704439.7k $63.4m $63.4m 0.02% Reduced -114.4k -114,409
25 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 405,854405.9k $58.5m $58.5m 0.01% Reduced -115.4k -115,401
26 Raymond James Financial Services Advisors, Inc. 0.10% of their portfolio ST. PETERSBURG, FL 382,770382.8k $55.2m $55.2m 0.10% Reduced -8.4k -8,430
27 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 374,014374.0k $54.0m $54.0m 0.02% Reduced -8.3k -8,326
28 Symmetry Partners, LLC 2.81% of their portfolio GLASTONBURY, CT 367,325367.3k $53.0m $53.0m 2.81% Added +21.0k +20,979
29 COMMONWEALTH EQUITY SERVICES, LLC 0.11% of their portfolio WALTHAM, MA 361,509361.5k $52.1m $52.1m 0.11% Reduced -67.6k -67,584
30 GFG Capital, LLC 0.57% of their portfolio MIAMI, FL 356,716356.7k $3.0m $3.0m 0.57% Added +346.5k +346,488
31 1900 WEALTH MANAGEMENT LLC 5.29% of their portfolio SAN ANTONIO, TX 356,583356.6k $51.4m $51.4m 5.29% Reduced -50.9k -50,899
32 Apella Capital, LLC 3.59% of their portfolio WEST HARTFORD, CT 349,231349.2k $50.4m $50.4m 3.59% First filing
33 SYNOVUS FINANCIAL CORP 0.54% of their portfolio Columbus, GA 341,565341.6k $49.3m $49.3m 0.54% Reduced -1.2k -1,231
34 Integrated Wealth Concepts LLC 0.79% of their portfolio WALTHAM, MA 320,719320.7k $46.3m $46.3m 0.79% Reduced -52.1k -52,133
35 Trilogy Capital Inc. 2.57% of their portfolio IRVINE, CA 277,052277.1k $40.3m $40.3m 2.57% Reduced -9.5k -9,523
36 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 275,168275.2k $39.7m $39.7m 0.07% Reduced -74.3k -74,322
37 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 239,216239.2k $34.5m $34.5m 0.00% Reduced -173.3k -173,338
38 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 219,359219.4k $31.7m $31.7m 0.01% Reduced -26.2k -26,212
39 Armbruster Capital Management, Inc. 7.50% of their portfolio PITTSFORD, NY 211,360211.4k $30.5m $30.5m 7.50% Added +1.3k +1,343
40 Janney Montgomery Scott LLC 0.10% of their portfolio PHILADELPHIA, PA 202,228202.2k $29.2m $29.2m 0.10% Reduced -10.1k -10,103
41 High Probability Advisors, LLC 5.97% of their portfolio Pittsford, NY 192,800192.8k $27.8m $27.8m 5.97% Added +13.9k +13,906
42 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 191,546191.5k $27.6m $27.6m 0.04% Reduced -4.5k -4,547
43 DAIDO LIFE INSURANCE CO 2.82% of their portfolio TOKYO, M0 176,813176.8k $25.5m $25.5m 2.82% Reduced -65.0k -64,986
44 Kathmere Capital Management, LLC 3.74% of their portfolio WAYNE, PA 166,642166.6k $24.0m $24.0m 3.74% Added +5.3k +5,346
45 PFS INVESTMENTS INC. 0.38% of their portfolio DULUTH, GA 161,364161.4k $23.3m $23.3m 0.38% Reduced -206 -206
46 Insight Wealth Strategies, LLC 4.31% of their portfolio SAN RAMON, CA 156,283156.3k $22.5m $22.5m 4.31% Reduced -661 -661
47 Equitable Holdings, Inc. 0.32% of their portfolio NEW YORK, NY 153,949153.9k $22.2m $22.2m 0.32% Added +21.5k +21,453
48 Well Done, LLC 4.49% of their portfolio HOLLAND, MI 146,446146.4k $21.1m $21.1m 4.49% Reduced -4.3k -4,288
49 OneDigital Investment Advisors LLC 0.47% of their portfolio OVERLAND PARK, KS 145,949145.9k $21.1m $21.1m 0.47% Reduced -7.9k -7,934
50 Cambridge Investment Research Advisors, Inc. 0.10% of their portfolio FAIRFIELD, IA 145,778145.8k $21.0m $21.0m 0.10% Added +33.0k +32,994
51 Stonehearth Capital Management, LLC 10.25% of their portfolio DANVERS, MA 134,911134.9k $19.5m $19.5m 10.25% Added +36.3k +36,296
52 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 1.37% of their portfolio ROCHESTER, NY 134,299134.3k $19.4m $19.4m 1.37% Added +1 +1
53 Baird Financial Group, Inc. 0.05% of their portfolio MILWAUKEE, WI 133,805133.8k $19.3m $19.3m 0.05% Reduced -58.4k -58,409
54 Wealth Management Solutions, LLC 12.37% of their portfolio EXTON, PA 131,478131.5k $19.0m $19.0m 12.37% Reduced -28.9k -28,880
55 Meredith Wealth Planning 14.74% of their portfolio MARYVILLE, IL 125,651125.7k $18.1m $18.1m 14.74% Reduced -9.4k -9,404
56 Bell Investment Advisors, Inc 3.89% of their portfolio ORINDA, CA 121,478121.5k $17.5m $17.5m 3.89% Reduced -5.9k -5,941
57 CFO4Life Group, LLC 3.75% of their portfolio COPPELL, TX 121,215121.2k $17.5m $17.5m 3.75% Reduced -3.4k -3,410
58 OPPENHEIMER & CO INC 0.34% of their portfolio NEW YORK, NY 117,912117.9k $17.0m $17.0m 0.34% Added +3.8k +3,823
59 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 116,111116.1k $16.7m $16.7m 0.02% Added +13.2k +13,203
60 Glenview Trust Co 0.45% of their portfolio Louisville, KY 114,876114.9k $16.6m $16.6m 0.45% Added +3.0k +2,965
61 Sensible Financial Planning & Management, LLC. 3.69% of their portfolio WALTHAM, MA 108,788108.8k $15.7m $15.7m 3.69% Added +3.0k +2,951
62 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 107,337107.3k $15.5m $15.5m 0.00% Added +40.4k +40,422
63 Journey Advisory Group, LLC 2.18% of their portfolio COVINGTON, KY 100,935100.9k $14.6m $14.6m 2.18% Reduced -1.8k -1,810
64 Strategic Financial Services, Inc. 1.08% of their portfolio UTICA, NY 100,547100.5k $14.5m $14.5m 1.08% Added +4.7k +4,664
65 Acropolis Investment Management, LLC 1.13% of their portfolio ST. LOUIS, MO 100,286100.3k $14.5m $14.5m 1.13% Added +23.4k +23,431
66 M&T Bank Corp 0.05% of their portfolio BUFFALO, NY 99,55999.6k $14.4m $14.4m 0.05% Reduced -8.1k -8,140
67 Cetera Advisor Networks LLC 0.10% of their portfolio EL SEGUNDO, CA 98,34398.3k $14.2m $14.2m 0.10% Reduced -17.5k -17,496
68 Foundations Investment Advisors, LLC 0.46% of their portfolio PHOENIX, AZ 97,06397.1k $14.0m $14.0m 0.46% Reduced -55.9k -55,941
69 Forefront Analytics, LLC 7.92% of their portfolio WEST CONSHOHOCKEN, PA 96,27896.3k $13.9m $13.9m 7.92% Reduced -6.9k -6,903
70 AE Wealth Management LLC 0.08% of their portfolio TOPEKA, KS 95,53595.5k $13.8m $13.8m 0.08% Reduced -49.6k -49,634
71 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 88,14988.1k $12.7m $12.7m 0.02% Reduced -13.1k -13,051
72 Trinity Wealth Management, LLC 7.76% of their portfolio BERWYN, PA 88,07588.1k $12.7m $12.7m 7.76% Added +6.5k +6,456
73 DONALDSON CAPITAL MANAGEMENT, LLC 0.56% of their portfolio EVANSVILLE, IN 85,65985.7k $12.4m $12.4m 0.56% Reduced -5.0k -4,951
74 CHOREO, LLC 0.42% of their portfolio ROCKFORD, IL 85,38585.4k $12.3m $12.3m 0.42% Added +7.5k +7,487
75 Summit Wealth Group, LLC 4.97% of their portfolio WHITE RIVER JUNCTION, VT 85,05085.0k $12.3m $12.3m 4.97% Reduced -10.7m -10,746,889
76 Mariner, LLC 0.03% of their portfolio Overland Park, KS 81,68581.7k $11.8m $11.8m 0.03% Reduced -283.5k -283,467
77 Private Advisor Group, LLC 0.10% of their portfolio MORRISTOWN, NJ 80,37980.4k $11.6m $11.6m 0.10% Reduced -4.3k -4,300
78 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 79,48479.5k $11.5m $11.5m 0.06% Reduced -55.2k -55,158
79 Stratos Wealth Partners, LTD. 0.25% of their portfolio BEACHWOOD, OH 76,11476.1k $11.0m $11.0m 0.25% Added +8.8k +8,792
80 Sanchez Wealth Management Group 4.04% of their portfolio JACKSONVILLE, FL 69,19069.2k $10.0m $10.0m 4.04% Added +731 +731
81 Shore Point Advisors, LLC 6.82% of their portfolio BRIELLE, NJ 66,29366.3k $9.6m $9.6m 6.82% Added +3.0k +3,027
82 Beacon Pointe Advisors, LLC 0.16% of their portfolio NEWPORT BEACH, CA 66,00666.0k $9.5m $9.5m 0.16% Reduced -1.6k -1,561
83 Lido Advisors, LLC 0.10% of their portfolio Los Angeles, CA 64,83664.8k $8.9m $8.9m 0.10% Added +3.6k +3,583
84 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 64,62664.6k $9.3m $9.3m 0.04% First filing
85 SAX WEALTH ADVISORS, LLC 1.82% of their portfolio PARSIPPANY, NJ 63,40063.4k $9.1m $9.1m 1.82% Reduced -14.1k -14,083
86 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 62,42662.4k $9.0m $9.0m 0.02% Reduced -12.3k -12,293
87 Foster Group, Inc. 0.54% of their portfolio WEST DES MOINES, IA 62,37562.4k $9.0m $9.0m 0.54% Added +6.5k +6,533
88 Daiichi Life Insurance Co., Ltd. 0.19% of their portfolio TOKYO, M0 62,30562.3k $9.0m $9.0m 0.19% Reduced -1.9k -1,865
89 PRUDENT INVESTORS NETWORK, INC. 4.03% of their portfolio LAKE FOREST, CA 59,26659.3k $8.5m $8.5m 4.03% Reduced -1.3k -1,349
90 ARQ WEALTH ADVISORS, LLC 5.54% of their portfolio SCOTTSDALE, AZ 59,13459.1k $8.5m $8.5m 5.54% Added +1.3k +1,300
91 Stokes Family Office, LLC 0.95% of their portfolio NEW ORLEANS, LA 56,79256.8k $8.2m $8.2m 0.95% Reduced -7.6k -7,589
92 Sigma Planning Corp 0.29% of their portfolio ANN ARBOR, MI 55,87655.9k $8.1m $8.1m 0.29% Reduced -6.5k -6,542
93 Baron Financial Group, LLC 4.95% of their portfolio Fair Lawn, NJ 55,60655.6k $8.0m $8.0m 4.95% Added +270 +270
94 Chicago Partners Investment Group LLC 0.41% of their portfolio CHICAGO, IL 54,86054.9k $7.9m $7.9m 0.41% Reduced -3.4k -3,441
95 JMAC ENTERPRISES LLC 1.93% of their portfolio NEWTOWN, PA 54,09054.1k $7.8m $7.8m 1.93% Added +477 +477
96 1832 Asset Management L.P. 0.02% of their portfolio TORONTO, A6 54,03054.0k $7.8m $7.8m 0.02% Reduced -360 -360
97 KilterHowling LLC 6.56% of their portfolio BOULDER, CO 53,17353.2k $7.7m $7.7m 6.56% Added +833 +833
98 Straight Path Wealth Management 5.26% of their portfolio Jenison, MI 53,12753.1k $7.7m $7.7m 5.26% Added +20.6k +20,610
99 Rainsberger Wealth Advisors, Inc. 4.53% of their portfolio Colorado Springs, CO 52,02652.0k $7.5m $7.5m 4.53% Reduced -770 -770
100 MA Private Wealth 1.73% of their portfolio SAN CARLOS, CA 51,65251.7k $7.5m $7.5m 1.73% Added +578 +578