Vault-13

ISHARES TR MTUM

MSCI USA MMENTM · ETP · CUSIP 46432F396

621 institutional holders -28 vs Q2 2023
51,329,04751.3m shares reported held*
$7.2bnreported value*
42 new 140 added 311 reduced 72 sold out net sold ≈ $238.0m (-2.0m 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 ≈ $139.73. Options: 3 managers hold calls ($3.9m notional), 7 hold puts ($5.7m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 613Q4 22: 766Q1 23: 705Q2 23: 649Q3 23: 621621Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022613
Q4 2022766
Q1 2023705
Q2 2023649
Q3 2023621

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 23Q3 23: 182 bought or addedQ3 23: 383 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022406265
Q1 2023244462
Q2 2023187457
Q3 2023182383

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ4 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 0.61Q3 23 calls: $3.9mQ3 23 puts: $5.7mQ3 23P/C 1.45
Numbers
QuarterCallsPutsP/C
Q4 2022$56.1m$24.6m0.44
Q1 2023$3.1m$3.3m1.07
Q2 2023$4.5m$2.7m0.61
Q3 2023$3.9m$5.7m1.45

Biggest buyers

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +912,515+912.5k
MERCER GLOBAL ADVISORS INC /ADV Added +317,802+317.8k
ENVESTNET ASSET MANAGEMENT INC Added +277,017+277.0k
Ameritas Advisory Services, LLC Added +186,364+186.4k
Invst, LLC New +173,320+173.3k
Symmetry Partners, LLC Added +161,753+161.8k
ASSETMARK, INC Added +137,311+137.3k
ROYAL BANK OF CANADA Added +135,609+135.6k
TWO SIGMA INVESTMENTS, LP Added +110,200+110.2k
CAPTRUST FINANCIAL ADVISORS Added +101,051+101.1k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -536,796-536.8k
OXFORD FINANCIAL GROUP, LTD. LLC Reduced -421,988-422.0k
RAYMOND JAMES & ASSOCIATES Reduced -357,194-357.2k
GFG Capital, LLC Reduced -349,663-349.7k
STATE OF MICHIGAN RETIREMENT SYSTEM Reduced -333,300-333.3k
SYNOVUS FINANCIAL CORP Reduced -332,032-332.0k
BlackRock Inc. Reduced -280,556-280.6k
MORGAN STANLEY Reduced -234,033-234.0k
FMR LLC Reduced -215,603-215.6k
DAIDO LIFE INSURANCE CO Sold out -176,813-176.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.7m19.2k shares
CITADEL ADVISORS LLC Added $1.2m8.9k shares
Cutler Group LLC / CA Reduced $4.0k3.1k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.5m25.2k shares
WOLVERINE TRADING, LLC New $1.1m8.1k shares
Warberg Asset Management LLC Added $558.8k4.0k shares
CITADEL ADVISORS LLC Added $461.0k3.3k shares
Private Advisor Group, LLC New $6.8k4.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Unchanged $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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.44% of their portfolio Berwyn, PA 6,913,8456.9m $965.9m $965.9m 0.44% Added +277.0k +277,017
2 MERCER GLOBAL ADVISORS INC /ADV 3.47% of their portfolio DENVER, CO 6,545,6296.5m $914.4m $914.4m 3.47% Added +317.8k +317,802
3 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 1.43% of their portfolio PLYMOUTH, MN 3,119,9023.1m $435.9m $435.9m 1.43% Added +912.5k +912,515
4 RAYMOND JAMES & ASSOCIATES 0.30% of their portfolio ST PETERSBURG, FL 2,562,4912.6m $358.0m $358.0m 0.30% Reduced -357.2k -357,194
5 CAPTRUST FINANCIAL ADVISORS 1.17% of their portfolio RALEIGH, NC 2,196,3672.2m $306.8m $306.8m 1.17% Added +101.1k +101,051
6 ASSETMARK, INC 0.88% of their portfolio CONCORD, CA 1,584,2831.6m $221.3m $221.3m 0.88% Added +137.3k +137,311
7 STATE OF MICHIGAN RETIREMENT SYSTEM 1.34% of their portfolio EAST LANSING, MI 1,482,9401.5m $207.2m $207.2m 1.34% Reduced -333.3k -333,300
8 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 1,399,1111.4m $195.5m $195.5m 0.02% Reduced -234.0k -234,033
9 Cerity Partners LLC 0.79% of their portfolio NEW YORK, NY 1,168,7971.2m $163.3m $163.3m 0.79% Reduced -71.9k -71,926
10 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 1,101,9541.1m $153.9m $153.9m 0.02% Reduced -536.8k -536,796
11 Blue Trust, Inc. 2.31% of their portfolio BRENTWOOD, TN 1,047,1161.0m $151.0m $151.0m 2.31% Added +11.3k +11,310
12 CWM, LLC 0.89% of their portfolio OMAHA, NE 1,037,3721.0m $144.9m $144.9m 0.89% Reduced -17.3k -17,295
13 Savant Capital, LLC 2.10% of their portfolio ROCKFORD, IL 1,008,3231.0m $140.9m $140.9m 2.10% Added +100.8k +100,774
14 BlackRock Inc. 0.00% of their portfolio New York, NY 976,133976.1k $136.4m $136.4m 0.00% Reduced -280.6k -280,556
15 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 4.32% of their portfolio Seattle, WA 786,013786.0k $109.8m $109.8m 4.32% Added +31.2k +31,178
16 Corient Private Wealth LP 0.21% of their portfolio MIAMI, FL 652,951653.0k $91.2m $91.2m 0.21% Added +13.6k +13,613
17 FMR LLC 0.01% of their portfolio BOSTON, MA 637,887637.9k $89.1m $89.1m 0.01% Reduced -215.6k -215,603
18 UBS Group AG 0.04% of their portfolio ZURICH, V8 622,571622.6k $87.0m $87.0m 0.04% Reduced -82.9k -82,885
19 PNC Financial Services Group, Inc. 0.07% of their portfolio Pittsburgh, PA 597,993598.0k $83.5m $83.5m 0.07% Reduced -50.1k -50,104
20 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 597,154597.2k $83.4m $83.4m 0.06% Reduced -70.6k -70,632
21 Symmetry Partners, LLC 4.01% of their portfolio GLASTONBURY, CT 529,078529.1k $73.9m $73.9m 4.01% Added +161.8k +161,753
22 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 509,623509.6k $71.2m $71.2m 0.02% Added +135.6k +135,609
23 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 460,549460.5k $65.7m $65.7m 0.02% Reduced -84.2k -84,222
24 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 391,862391.9k $54.7m $54.7m 0.02% Reduced -47.8k -47,842
25 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 385,790385.8k $53.9m $53.9m 0.01% Reduced -20.1k -20,064
26 KEYBANK NATIONAL ASSOCIATION/OH 0.25% of their portfolio BROOKLYN, OH 373,295373.3k $52.1m $52.1m 0.25% Reduced -88.1k -88,141
27 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 358,096358.1k $50.0m $50.0m 0.07% Added +82.9k +82,928
28 Apella Capital, LLC 3.51% of their portfolio WEST HARTFORD, CT 355,563355.6k $49.7m $49.7m 3.51% Added +6.3k +6,332
29 COMMONWEALTH EQUITY SERVICES, LLC 0.10% of their portfolio WALTHAM, MA 351,991352.0k $49.2m $49.2m 0.10% Reduced -9.5k -9,518
30 Raymond James Financial Services Advisors, Inc. 0.09% of their portfolio ST. PETERSBURG, FL 348,488348.5k $48.7m $48.7m 0.09% Reduced -34.3k -34,282
31 Trilogy Capital Inc. 2.69% of their portfolio IRVINE, CA 284,437284.4k $39.7m $39.7m 2.69% Added +7.4k +7,385
32 1900 WEALTH MANAGEMENT LLC 3.52% of their portfolio SAN ANTONIO, TX 253,015253.0k $35.3m $35.3m 3.52% Reduced -103.6k -103,568
33 Integrated Wealth Concepts LLC 0.62% of their portfolio WALTHAM, MA 251,959252.0k $35.2m $35.2m 0.62% Reduced -68.8k -68,760
34 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 247,683247.7k $34.6m $34.6m 0.00% Added +8.5k +8,467
35 Armbruster Capital Management, Inc. 7.66% of their portfolio PITTSFORD, NY 216,932216.9k $30.3m $30.3m 7.66% Added +5.6k +5,572
36 Ameritas Advisory Services, LLC 1.48% of their portfolio Lincoln, NE 211,440211.4k $29.6m $29.6m 1.48% Added +186.4k +186,364
37 High Probability Advisors, LLC 6.01% of their portfolio Pittsford, NY 199,522199.5k $27.9m $27.9m 6.01% Added +6.7k +6,722
38 Janney Montgomery Scott LLC 0.10% of their portfolio PHILADELPHIA, PA 198,360198.4k $27.7m $27.7m 0.10% Reduced -3.9k -3,868
39 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 193,817193.8k $27.1m $27.1m 0.04% Added +2.3k +2,271
40 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 190,071190.1k $27.9m $27.9m 0.01% Reduced -29.3k -29,288
41 Invst, LLC 3.50% of their portfolio INDIANAPOLIS, IN 173,320173.3k $24.2m $24.2m 3.50% New
42 Kathmere Capital Management, LLC 3.58% of their portfolio WAYNE, PA 172,981173.0k $24.2m $24.2m 3.58% Added +6.3k +6,339
43 OneDigital Investment Advisors LLC 0.52% of their portfolio OVERLAND PARK, KS 172,522172.5k $24.1m $24.1m 0.52% Added +26.6k +26,573
44 Insight Wealth Strategies, LLC 4.11% of their portfolio SAN RAMON, CA 152,339152.3k $21.3m $21.3m 4.11% Reduced -3.9k -3,944
45 Cambridge Investment Research Advisors, Inc. 0.09% of their portfolio FAIRFIELD, IA 137,231137.2k $19.2m $19.2m 0.09% Reduced -8.5k -8,547
46 Stonehearth Capital Management, LLC 10.41% of their portfolio DANVERS, MA 136,529136.5k $19.1m $19.1m 10.41% Added +1.6k +1,618
47 Well Done, LLC 4.22% of their portfolio HOLLAND, MI 136,160136.2k $19.0m $19.0m 4.22% Reduced -10.3k -10,286
48 OXFORD FINANCIAL GROUP, LTD. LLC 1.65% of their portfolio INDIANAPOLIS, IN 135,151135.2k $18.9m $18.9m 1.65% Reduced -422.0k -421,988
49 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 1.37% of their portfolio ROCHESTER, NY 132,366132.4k $18.5m $18.5m 1.37% Reduced -1.9k -1,933
50 Wealth Management Solutions, LLC 12.32% of their portfolio EXTON, PA 128,632128.6k $18.0m $18.0m 12.32% Reduced -2.8k -2,846
51 TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio NEW YORK, NY 127,100127.1k $17.8m $17.8m 0.05% Added +110.2k +110,200
52 Meredith Wealth Planning 12.83% of their portfolio MARYVILLE, IL 123,568123.6k $17.3m $17.3m 12.83% Reduced -2.1k -2,083
53 CFO4Life Group, LLC 3.94% of their portfolio COPPELL, TX 122,265122.3k $17.1m $17.1m 3.94% Added +1.1k +1,050
54 Cetera Advisor Networks LLC 0.11% of their portfolio EL SEGUNDO, CA 120,494120.5k $16.8m $16.8m 0.11% Added +22.2k +22,151
55 Glenview Trust Co 0.46% of their portfolio Louisville, KY 119,048119.0k $16.6m $16.6m 0.46% Added +4.2k +4,172
56 Bell Investment Advisors, Inc 3.64% of their portfolio ORINDA, CA 116,192116.2k $16.2m $16.2m 3.64% Reduced -5.3k -5,286
57 Sensible Financial Planning & Management, LLC. 3.90% of their portfolio WALTHAM, MA 110,999111.0k $15.5m $15.5m 3.90% Added +2.2k +2,211
58 Acropolis Investment Management, LLC 1.18% of their portfolio ST. LOUIS, MO 108,707108.7k $15.2m $15.2m 1.18% Added +8.4k +8,421
59 AE Wealth Management LLC 0.09% of their portfolio TOPEKA, KS 103,620103.6k $14.5m $14.5m 0.09% Added +8.1k +8,085
60 Strategic Financial Services, Inc. 1.11% of their portfolio UTICA, NY 101,884101.9k $14.2m $14.2m 1.11% Added +1.3k +1,337
61 OPPENHEIMER & CO INC 0.29% of their portfolio NEW YORK, NY 100,917100.9k $14.1m $14.1m 0.29% Reduced -17.0k -16,995
62 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 98,29998.3k $13.7m $13.7m 0.01% Added +74.1k +74,097
63 M&T Bank Corp 0.05% of their portfolio BUFFALO, NY 95,90895.9k $13.4m $13.4m 0.05% Reduced -3.7k -3,651
64 Journey Advisory Group, LLC 1.96% of their portfolio COVINGTON, KY 93,74793.7k $13.1m $13.1m 1.96% Reduced -7.2k -7,188
65 Trinity Wealth Management, LLC 7.65% of their portfolio BERWYN, PA 88,35288.4k $12.3m $12.3m 7.65% Added +277 +277
66 TWO SIGMA ADVISERS, LP 0.03% of their portfolio NEW YORK, NY 88,10088.1k $12.3m $12.3m 0.03% Added +83.2k +83,200
67 Summit Wealth Group, LLC 10.77% of their portfolio WHITE RIVER JUNCTION, VT 86,37686.4k $12.1m $12.1m 10.77% Added +1.3k +1,326
68 Forefront Analytics, LLC 6.77% of their portfolio WEST CONSHOHOCKEN, PA 85,40685.4k $11.9m $11.9m 6.77% Reduced -10.9k -10,872
69 Financial Gravity Asset Management, Inc. 0.05% of their portfolio Lakeway, TX 82,42582.4k $4.5m $4.5m 0.05% Added +74.6k +74,636
70 Stratos Wealth Partners, LTD. 0.23% of their portfolio BEACHWOOD, OH 75,87175.9k $10.6m $10.6m 0.23% Reduced -243 -243
71 Private Advisor Group, LLC 0.09% of their portfolio MORRISTOWN, NJ 73,97874.0k $10.3m $10.3m 0.09% Reduced -6.4k -6,401
72 Foundations Investment Advisors, LLC 0.31% of their portfolio PHOENIX, AZ 72,92272.9k $10.2m $10.2m 0.31% Reduced -24.1k -24,141
73 Lido Advisors, LLC 0.11% of their portfolio Los Angeles, CA 71,17171.2k $9.9m $9.9m 0.11% Added +6.3k +6,335
74 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 70,59970.6k $9.9m $9.9m 0.02% Added +50.1k +50,087
75 Sanchez Wealth Management Group 3.97% of their portfolio JACKSONVILLE, FL 70,48770.5k $9.8m $9.8m 3.97% Added +1.3k +1,297
76 Shore Point Advisors, LLC 6.91% of their portfolio BRIELLE, NJ 68,29068.3k $9.5m $9.5m 6.91% Added +2.0k +1,997
77 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 68,18968.2k $9.5m $9.5m 0.05% Reduced -11.3k -11,295
78 Beacon Pointe Advisors, LLC 0.12% of their portfolio NEWPORT BEACH, CA 67,06767.1k $9.4m $9.4m 0.12% Added +1.1k +1,061
79 Foster Group, Inc. 0.57% of their portfolio WEST DES MOINES, IA 66,50366.5k $9.3m $9.3m 0.57% Added +4.1k +4,128
80 MA Private Wealth 2.15% of their portfolio SAN CARLOS, CA 65,05265.1k $9.1m $9.1m 2.15% Added +13.4k +13,400
81 PRUDENT INVESTORS NETWORK, INC. 4.18% of their portfolio LAKE FOREST, CA 63,92063.9k $8.9m $8.9m 4.18% Added +4.7k +4,654
82 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 62,83962.8k $8.8m $8.8m 0.02% Reduced -71.0k -70,966
83 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 60,79460.8k $8.5m $8.5m 0.03% Reduced -3.8k -3,832
84 CHOREO, LLC 0.29% of their portfolio ROCKFORD, IL 57,67457.7k $8.1m $8.1m 0.29% Reduced -27.7k -27,711
85 Sigma Planning Corp 0.29% of their portfolio ANN ARBOR, MI 55,99156.0k $7.8m $7.8m 0.29% Added +115 +115
86 JMAC ENTERPRISES LLC 1.93% of their portfolio NEWTOWN, PA 55,93155.9k $7.8m $7.8m 1.93% Added +1.8k +1,841
87 Tower Research Capital LLC (TRC) 0.24% of their portfolio NEW YORK, NY 55,65955.7k $7.8m $7.8m 0.24% Added +48.3k +48,341
88 Straight Path Wealth Management 5.26% of their portfolio Jenison, MI 55,52855.5k $7.8m $7.8m 5.26% Added +2.4k +2,401
89 Baron Financial Group, LLC 4.95% of their portfolio Fair Lawn, NJ 54,49154.5k $7.6m $7.6m 4.95% Reduced -1.1k -1,115
90 KilterHowling LLC 6.70% of their portfolio BOULDER, CO 54,47854.5k $7.6m $7.6m 6.70% Added +1.3k +1,305
91 1832 Asset Management L.P. 0.02% of their portfolio TORONTO, A6 53,68053.7k $7.5m $7.5m 0.02% Reduced -350 -350
92 ARQ WEALTH ADVISORS, LLC 5.52% of their portfolio SCOTTSDALE, AZ 52,79852.8k $7.4m $7.4m 5.52% Reduced -6.3k -6,336
93 Rainsberger Wealth Advisors, Inc. 4.51% of their portfolio Colorado Springs, CO 52,65652.7k $7.4m $7.4m 4.51% Added +630 +630
94 Kestra Advisory Services, LLC 0.07% of their portfolio AUSTIN, TX 51,96252.0k $7.3m $7.3m 0.07% Added +13.7k +13,656
95 Chicago Partners Investment Group LLC 0.38% of their portfolio CHICAGO, IL 51,51351.5k $7.1m $7.1m 0.38% Reduced -3.3k -3,347
96 Tacita Capital Inc 5.61% of their portfolio TORONTO, A6 51,31651.3k $7.2m $7.2m 5.61% Added +260 +260
97 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 51,22251.2k $7.2m $7.2m 0.01% Reduced -36.9k -36,927
98 HRT FINANCIAL LP 0.07% of their portfolio NEW YORK, NY 50,18050.2k $7.0m $7.0m 0.07% New
99 CPC Advisors, LLC 1.49% of their portfolio Atlanta, GA 48,12448.1k $6.7m $6.7m 1.49% Reduced -2.8k -2,829
100 Garrett Wealth Advisory Group, LLC 3.00% of their portfolio WEATHERFORD, TX 47,20347.2k $6.6m $6.6m 3.00% Reduced -240 -240