Vault-13

ISHARES TR MTUM

MSCI USA MMENTM · ETP · CUSIP 46432F396

641 institutional holders +20 vs Q3 2023
49,584,24149.6m shares reported held*
$7.8bnreported value*
51 new 138 added 310 reduced 60 sold out net sold ≈ $274.7m (-1.8m 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 ($863.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $156.46. Options: 3 managers hold calls ($4.4m notional), 4 hold puts ($2.2m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 613Q4 22: 766Q1 23: 705Q2 23: 649Q3 23: 621Q4 23: 641641Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022613
Q4 2022766
Q1 2023705
Q2 2023649
Q3 2023621
Q4 2023641

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 23Q4 23: 189 bought or addedQ4 23: 370 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022406265
Q1 2023244462
Q2 2023187457
Q3 2023182383
Q4 2023189370

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ1 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 1.45Q4 23 calls: $4.4mQ4 23 puts: $2.2mQ4 23P/C 0.49
Numbers
QuarterCallsPutsP/C
Q1 2023$3.1m$3.3m1.07
Q2 2023$4.5m$2.7m0.61
Q3 2023$3.9m$5.7m1.45
Q4 2023$4.4m$2.2m0.49

Biggest buyers

MORGAN STANLEY Added +1,334,703+1.3m
JPMORGAN CHASE & CO Added +289,639+289.6k
ENVESTNET ASSET MANAGEMENT INC Added +229,231+229.2k
MERCER GLOBAL ADVISORS INC /ADV Added +198,308+198.3k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +178,945+178.9k
Savant Capital, LLC Added +100,463+100.5k
CWM, LLC Added +96,845+96.8k
Q3 Asset Management New +64,500+64.5k
ASSETMARK, INC Added +61,978+62.0k
AE Wealth Management LLC Added +59,916+59.9k

Biggest sellers

CAPTRUST FINANCIAL ADVISORS Reduced -2,059,297-2.1m
ROYAL BANK OF CANADA Reduced -194,721-194.7k
BANK OF MONTREAL /CAN/ Reduced -189,082-189.1k
BlackRock Inc. Reduced -168,366-168.4k
BANK OF AMERICA CORP /DE/ Reduced -112,464-112.5k
OSAIC HOLDINGS, INC. Reduced -78,707-78.7k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -78,062-78.1k
Raymond James Financial Services Advisors, Inc. Reduced -71,598-71.6k
Lido Advisors, LLC Sold out -71,171-71.2k
TWO SIGMA INVESTMENTS, LP Reduced -67,800-67.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.9m24.8k shares
CITADEL ADVISORS LLC Reduced $549.1k3.5k shares
Cutler Group LLC / CA Reduced $1.0k100 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.0m6.6k shares
CITADEL ADVISORS LLC Added $910.0k5.8k shares
JANE STREET GROUP, LLC New $235.3k1.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.46% of their portfolio Berwyn, PA 7,143,0767.1m $1.1bn $1.1bn 0.46% Added +229.2k +229,231
2 MERCER GLOBAL ADVISORS INC /ADV 3.18% of their portfolio DENVER, CO 6,743,9376.7m $1.1bn $1.1bn 3.18% Added +198.3k +198,308
3 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 1.50% of their portfolio PLYMOUTH, MN 3,298,8473.3m $517.6m $517.6m 1.50% Added +178.9k +178,945
4 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 2,733,8142.7m $428.9m $428.9m 0.02% Added +1.3m +1,334,703
5 RAYMOND JAMES & ASSOCIATES 0.30% of their portfolio ST PETERSBURG, FL 2,552,3072.6m $400.4m $400.4m 0.30% Reduced -10.2k -10,184
6 ASSETMARK, INC 0.93% of their portfolio CONCORD, CA 1,646,2611.6m $258.3m $258.3m 0.93% Added +62.0k +61,978
7 STATE OF MICHIGAN RETIREMENT SYSTEM 1.38% of their portfolio EAST LANSING, MI 1,476,4401.5m $231.6m $231.6m 1.38% Reduced -6.5k -6,500
8 Cerity Partners LLC 0.60% of their portfolio NEW YORK, NY 1,143,6151.1m $179.4m $179.4m 0.60% Reduced -25.2k -25,182
9 CWM, LLC 0.96% of their portfolio OMAHA, NE 1,134,2171.1m $177.9m $177.9m 0.96% Added +96.8k +96,845
10 Savant Capital, LLC 2.24% of their portfolio ROCKFORD, IL 1,108,7861.1m $174.0m $174.0m 2.24% Added +100.5k +100,463
11 Blue Trust, Inc. 2.31% of their portfolio BRENTWOOD, TN 1,032,3901.0m $144.2m $144.2m 2.31% Reduced -14.7k -14,726
12 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 989,490989.5k $155.2m $155.2m 0.02% Reduced -112.5k -112,464
13 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 4.37% of their portfolio Seattle, WA 819,829819.8k $128.6m $128.6m 4.37% Added +33.8k +33,816
14 BlackRock Inc. 0.00% of their portfolio New York, NY 807,767807.8k $126.7m $126.7m 0.00% Reduced -168.4k -168,366
15 Corient Private Wealth LP 0.19% of their portfolio MIAMI, FL 656,220656.2k $103.0m $103.0m 0.19% Added +3.3k +3,269
16 UBS Group AG 0.04% of their portfolio ZURICH, V8 591,037591.0k $92.7m $92.7m 0.04% Reduced -31.5k -31,534
17 FMR LLC 0.01% of their portfolio BOSTON, MA 571,042571.0k $89.6m $89.6m 0.01% Reduced -66.8k -66,845
18 PNC Financial Services Group, Inc. 0.07% of their portfolio Pittsburgh, PA 565,851565.9k $88.8m $88.8m 0.07% Reduced -32.1k -32,142
19 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 565,152565.2k $88.7m $88.7m 0.05% Reduced -32.0k -32,002
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 537,322537.3k $84.3m $84.3m 0.00% Added +289.6k +289,639
21 Symmetry Partners, LLC 4.55% of their portfolio GLASTONBURY, CT 536,652536.7k $84.3m $84.3m 4.55% Added +7.6k +7,574
22 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 439,654439.7k $69.0m $69.0m 0.02% Added +47.8k +47,792
23 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 435,302435.3k $68.3m $68.3m 0.02% Reduced -25.2k -25,247
24 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 367,206367.2k $57.6m $57.6m 0.01% Reduced -18.6k -18,584
25 KEYBANK NATIONAL ASSOCIATION/OH 0.25% of their portfolio BROOKLYN, OH 356,218356.2k $55.9m $55.9m 0.25% Reduced -17.1k -17,077
26 Apella Capital, LLC 2.83% of their portfolio WEST HARTFORD, CT 332,981333.0k $50.7m $50.7m 2.83% Reduced -22.6k -22,582
27 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 314,902314.9k $49.4m $49.4m 0.01% Reduced -194.7k -194,721
28 OSAIC HOLDINGS, INC. 0.08% of their portfolio SCOTTSDALE, AZ 279,389279.4k $43.8m $43.8m 0.08% Reduced -78.7k -78,707
29 Raymond James Financial Services Advisors, Inc. 0.07% of their portfolio ST. PETERSBURG, FL 276,890276.9k $43.4m $43.4m 0.07% Reduced -71.6k -71,598
30 COMMONWEALTH EQUITY SERVICES, LLC 0.08% of their portfolio WALTHAM, MA 273,929273.9k $43.0m $43.0m 0.08% Reduced -78.1k -78,062
31 Trilogy Capital Inc. 2.62% of their portfolio IRVINE, CA 269,851269.9k $42.3m $42.3m 2.62% Reduced -14.6k -14,586
32 Armbruster Capital Management, Inc. 7.65% of their portfolio PITTSFORD, NY 214,162214.2k $33.6m $33.6m 7.65% Reduced -2.8k -2,770
33 OneDigital Investment Advisors LLC 0.56% of their portfolio OVERLAND PARK, KS 202,815202.8k $31.8m $31.8m 0.56% Added +30.3k +30,293
34 High Probability Advisors, LLC 6.24% of their portfolio Pittsford, NY 197,223197.2k $30.9m $30.9m 6.24% Reduced -2.3k -2,299
35 Janney Montgomery Scott LLC 0.10% of their portfolio PHILADELPHIA, PA 196,504196.5k $30.8m $30.8m 0.10% Reduced -1.9k -1,856
36 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 195,241195.2k $30.6m $30.6m 0.03% Added +1.4k +1,424
37 Integrated Wealth Concepts LLC 0.50% of their portfolio WALTHAM, MA 194,696194.7k $30.5m $30.5m 0.50% Reduced -57.3k -57,263
38 1900 WEALTH MANAGEMENT LLC 2.72% of their portfolio SAN ANTONIO, TX 188,917188.9k $29.6m $29.6m 2.72% Reduced -64.1k -64,098
39 Ameritas Advisory Services, LLC 1.61% of their portfolio Lincoln, NE 185,765185.8k $29.3m $29.3m 1.61% Reduced -25.7k -25,675
40 Kathmere Capital Management, LLC 3.52% of their portfolio WAYNE, PA 172,755172.8k $27.1m $27.1m 3.52% Reduced -226 -226
41 AE Wealth Management LLC 0.14% of their portfolio TOPEKA, KS 163,536163.5k $27.3m $27.3m 0.14% Added +59.9k +59,916
42 Insight Wealth Strategies, LLC 3.72% of their portfolio SAN RAMON, CA 146,789146.8k $23.0m $23.0m 3.72% Reduced -5.5k -5,550
43 Stonehearth Capital Management, LLC 10.75% of their portfolio DANVERS, MA 139,440139.4k $21.9m $21.9m 10.75% Added +2.9k +2,911
44 CAPTRUST FINANCIAL ADVISORS 0.07% of their portfolio RALEIGH, NC 137,070137.1k $21.5m $21.5m 0.07% Reduced -2.1m -2,059,297
45 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 1.37% of their portfolio ROCHESTER, NY 133,122133.1k $20.9m $20.9m 1.37% Added +756 +756
46 Well Done, LLC 3.88% of their portfolio HOLLAND, MI 126,516126.5k $19.8m $19.8m 3.88% Reduced -9.6k -9,644
47 CFO4Life Group, LLC 3.67% of their portfolio COPPELL, TX 122,575122.6k $19.2m $19.2m 3.67% Added +310 +310
48 Invst, LLC 2.63% of their portfolio INDIANAPOLIS, IN 119,165119.2k $20.6m $20.6m 2.63% Reduced -54.2k -54,155
49 OXFORD FINANCIAL GROUP, LTD. LLC 1.36% of their portfolio INDIANAPOLIS, IN 116,735116.7k $18.3m $18.3m 1.36% Reduced -18.4k -18,416
50 Cetera Advisor Networks LLC 0.10% of their portfolio EL SEGUNDO, CA 116,229116.2k $18.2m $18.2m 0.10% Reduced -4.3k -4,265
51 Acropolis Investment Management, LLC 1.25% of their portfolio ST. LOUIS, MO 113,657113.7k $17.9m $17.9m 1.25% Added +5.0k +4,950
52 Sensible Financial Planning & Management, LLC. 4.01% of their portfolio WALTHAM, MA 109,048109.0k $17.1m $17.1m 4.01% Reduced -2.0k -1,951
53 Bell Investment Advisors, Inc 3.46% of their portfolio ORINDA, CA 107,638107.6k $16.9m $16.9m 3.46% Reduced -8.6k -8,554
54 Strategic Financial Services, Inc. 1.16% of their portfolio UTICA, NY 105,343105.3k $16.5m $16.5m 1.16% Added +3.5k +3,459
55 Glenview Trust Co 0.40% of their portfolio Louisville, KY 102,700102.7k $16.1m $16.1m 0.40% Reduced -16.3k -16,348
56 OPPENHEIMER & CO INC 0.29% of their portfolio NEW YORK, NY 99,89399.9k $15.7m $15.7m 0.29% Reduced -1.0k -1,024
57 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 90,94890.9k $14.3m $14.3m 0.06% Reduced -46.3k -46,283
58 Meredith Wealth Planning 8.75% of their portfolio MARYVILLE, IL 89,71689.7k $14.1m $14.1m 8.75% Reduced -33.9k -33,852
59 Journey Advisory Group, LLC 1.90% of their portfolio COVINGTON, KY 88,93388.9k $14.0m $14.0m 1.90% Reduced -4.8k -4,814
60 Summit Wealth Group, LLC 10.81% of their portfolio WHITE RIVER JUNCTION, VT 88,06688.1k $13.8m $13.8m 10.81% Added +1.7k +1,690
61 Trinity Wealth Management, LLC 8.08% of their portfolio BERWYN, PA 85,99586.0k $13.5m $13.5m 8.08% Reduced -2.4k -2,357
62 Financial Gravity Asset Management, Inc. 0.05% of their portfolio Lakeway, TX 84,10684.1k $4.3m $4.3m 0.05% Added +1.7k +1,681
63 Foundations Investment Advisors, LLC 0.37% of their portfolio PHOENIX, AZ 81,11981.1k $13.7m $13.7m 0.37% Added +8.2k +8,197
64 M&T Bank Corp 0.05% of their portfolio BUFFALO, NY 78,26178.3k $12.3m $12.3m 0.05% Reduced -17.6k -17,647
65 Private Advisor Group, LLC 0.09% of their portfolio MORRISTOWN, NJ 70,81570.8k $11.1m $11.1m 0.09% Reduced -3.2k -3,163
66 Sanchez Wealth Management Group 4.02% of their portfolio JACKSONVILLE, FL 70,38970.4k $11.0m $11.0m 4.02% Reduced -98 -98
67 MA Private Wealth 2.25% of their portfolio SAN CARLOS, CA 67,40267.4k $10.6m $10.6m 2.25% Added +2.4k +2,350
68 Foster Group, Inc. 0.57% of their portfolio WEST DES MOINES, IA 66,50366.5k $9.3m $9.3m 0.57% Unchanged
69 CPC Advisors, LLC 1.90% of their portfolio Atlanta, GA 65,12865.1k $10.2m $10.2m 1.90% Added +17.0k +17,004
70 Q3 Asset Management 2.74% of their portfolio BIRMINGHAM, MI 64,50064.5k $10.9m $10.9m 2.74% New
71 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 63,28163.3k $9.9m $9.9m 0.05% Reduced -4.9k -4,908
72 GREAT OAK CAPITAL PARTNERS, LLC 5.27% of their portfolio SOUTH EASTON, MA 62,93762.9k $9.9m $9.9m 5.27% First filing
73 ARQ WEALTH ADVISORS, LLC 5.87% of their portfolio SCOTTSDALE, AZ 62,87862.9k $9.9m $9.9m 5.87% Added +10.1k +10,080
74 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 62,62162.6k $9.8m $9.8m 0.02% Reduced -218 -218
75 Straight Path Wealth Management 5.56% of their portfolio Jenison, MI 60,39360.4k $9.5m $9.5m 5.56% Added +4.9k +4,865
76 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 59,95060.0k $9.4m $9.4m 0.00% Added +16.6k +16,611
77 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 59,30059.3k $9.3m $9.3m 0.02% Reduced -67.8k -67,800
78 JMAC ENTERPRISES LLC 1.98% of their portfolio NEWTOWN, PA 58,49458.5k $9.2m $9.2m 1.98% Added +2.6k +2,563
79 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 57,52157.5k $9.0m $9.0m 0.01% Added +6.3k +6,299
80 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 57,08157.1k $9.0m $9.0m 0.02% Reduced -13.5k -13,518
81 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 56,02156.0k $8.8m $8.8m 0.03% Reduced -4.8k -4,773
82 Beacon Pointe Advisors, LLC 0.11% of their portfolio NEWPORT BEACH, CA 56,01756.0k $8.8m $8.8m 0.11% Reduced -11.1k -11,050
83 1832 Asset Management L.P. 0.02% of their portfolio TORONTO, A6 51,86051.9k $8.1m $8.1m 0.02% Reduced -1.8k -1,820
84 Rainsberger Wealth Advisors, Inc. 4.38% of their portfolio Colorado Springs, CO 51,16551.2k $8.0m $8.0m 4.38% Reduced -1.5k -1,491
85 EWA, LLC 4.23% of their portfolio PITTSBURGH, PA 50,18950.2k $8.7m $8.7m 4.23% Added +4.0k +4,030
86 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 48,90048.9k $7.7m $7.7m 0.02% Reduced -39.2k -39,200
87 Daiichi Life Insurance Co., Ltd. 0.15% of their portfolio TOKYO, M0 46,74946.7k $7.3m $7.3m 0.15% Added +3.5k +3,452
88 Chicago Partners Investment Group LLC 0.36% of their portfolio CHICAGO, IL 46,21046.2k $7.7m $7.7m 0.36% Reduced -5.3k -5,303
89 Opes Wealth Management LLC 1.73% of their portfolio MENLO PARK, CA 46,06246.1k $7.2m $7.2m 1.73% Reduced -581 -581
90 Garrett Wealth Advisory Group, LLC 3.01% of their portfolio WEATHERFORD, TX 45,98246.0k $7.2m $7.2m 3.01% Reduced -1.2k -1,221
91 CHOREO, LLC 0.19% of their portfolio ROCKFORD, IL 45,54845.5k $7.1m $7.1m 0.19% Reduced -12.1k -12,126
92 Tennessee Valley Asset Management Partners 0.95% of their portfolio KNOXVILLE, TN 44,53444.5k $7.0m $7.0m 0.95% Added +23.1k +23,065
93 CENTAURUS FINANCIAL, INC. 0.52% of their portfolio ANAHEIM, CA 43,94943.9k $6.9m $6.9m 0.52% Reduced -188 -188
94 Financial Architects, LLC 5.28% of their portfolio WOODSTOCK, GA 42,67542.7k $6.7m $6.7m 5.28% First filing
95 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 42,44942.4k $6.7m $6.7m 0.01% Reduced -1.4k -1,354
96 Tacita Capital Inc 4.85% of their portfolio TORONTO, A6 41,69141.7k $6.5m $6.5m 4.85% Reduced -9.6k -9,625
97 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 40,95341.0k $6.4m $6.4m 0.05% Reduced -11.0k -11,009
98 SCOTIA CAPITAL INC. 0.04% of their portfolio TORONTO, A6 40,58840.6k $6.4m $6.4m 0.04% Added +24.1k +24,074
99 Mariner, LLC 0.02% of their portfolio Overland Park, KS 40,44840.4k $6.3m $6.3m 0.02% Reduced -2.3k -2,305
100 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 39,69739.7k $6.2m $6.2m 0.01% Reduced -58.6k -58,602