Vault-13

ISHARES TR MTUM

MSCI USA MMENTM · ETP · CUSIP 46432F396

682 institutional holders +41 vs Q4 2023
54,445,82354.4m shares reported held*
$10.2bnreported value*
108 new 192 added 257 reduced 60 sold out net bought ≈ $926.8m (+4.9m 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 ($6.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $187.30. Options: 7 managers hold calls ($31.9m notional), 16 hold puts ($643.0m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 613Q4 22: 766Q1 23: 705Q2 23: 649Q3 23: 621Q4 23: 641Q1 24: 682682Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022613
Q4 2022766
Q1 2023705
Q2 2023649
Q3 2023621
Q4 2023641
Q1 2024682

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 23Q1 24: 300 bought or addedQ1 24: 317 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022406265
Q1 2023244462
Q2 2023187457
Q3 2023182383
Q4 2023189370
Q1 2024300317

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ2 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 0.49Q1 24 calls: $31.9mQ1 24 puts: $643.0mQ1 24P/C 20.13
Numbers
QuarterCallsPutsP/C
Q2 2023$4.5m$2.7m0.61
Q3 2023$3.9m$5.7m1.45
Q4 2023$4.4m$2.2m0.49
Q1 2024$31.9m$643.0m20.13

Biggest buyers

MORGAN STANLEY Added +1,520,078+1.5m
ENVESTNET ASSET MANAGEMENT INC Added +1,123,507+1.1m
BlackRock Inc. Added +770,064+770.1k
MERCER GLOBAL ADVISORS INC /ADV Added +593,843+593.8k
BANK OF AMERICA CORP /DE/ Added +544,070+544.1k
AdvisorShares Investments LLC New +497,000+497.0k
Horizon Investments, LLC Added +412,499+412.5k
GOLDMAN SACHS GROUP INC Added +340,199+340.2k
AMERIPRISE FINANCIAL INC Added +283,724+283.7k
Clark Capital Management Group, Inc. New +241,996+242.0k

Biggest sellers

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -2,246,096-2.2m
CWM, LLC Reduced -298,578-298.6k
Symmetry Partners, LLC Reduced -204,067-204.1k
Cetera Advisor Networks LLC Sold out -116,229-116.2k
ASSETMARK, INC Reduced -95,360-95.4k
Cerity Partners LLC Reduced -89,142-89.1k
OneDigital Investment Advisors LLC Reduced -86,909-86.9k
Financial Gravity Asset Management, Inc. Reduced -81,329-81.3k
STATE OF MICHIGAN RETIREMENT SYSTEM Reduced -75,200-75.2k
Well Done, LLC Reduced -66,495-66.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $14.9m79.3k shares
CITADEL ADVISORS LLC Added $8.0m42.6k shares
Twin Tree Management, LP New $7.5m40.2k shares
Cubist Systematic Strategies, LLC New $1.3m6.8k shares
Balyasny Asset Management L.P. New $281.0k1.5k shares
Cutler Group LLC / CA Added $11.0k300 shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC New $540100 shares

Biggest puts

CITADEL ADVISORS LLC Added $213.8m1.1m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $111.5m595.4k shares
MILLENNIUM MANAGEMENT LLC New $80.4m429.2k shares
Centiva Capital, LP New $76.8m410.0k shares
GOLDMAN SACHS GROUP INC New $71.3m380.7k shares
Point72 Asset Management, L.P. New $28.1m150.0k shares
Polar Asset Management Partners Inc. New $18.7m100.0k shares
MOORE CAPITAL MANAGEMENT, LP New $14.1m75.0k shares
JANE STREET GROUP, LLC Added $10.4m55.4k shares
Hiddenite Capital Partners LP New $7.5m40.0k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.58% of their portfolio Berwyn, PA 8,266,5838.3m $1.5bn $1.5bn 0.58% Added +1.1m +1,123,507
2 MERCER GLOBAL ADVISORS INC /ADV 3.91% of their portfolio DENVER, CO 7,337,7807.3m $1.4bn $1.4bn 3.91% Added +593.8k +593,843
3 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 4,253,8924.3m $797.0m $797.0m 0.02% Added +1.5m +1,520,078
4 RAYMOND JAMES & ASSOCIATES 0.32% of their portfolio ST PETERSBURG, FL 2,507,8752.5m $469.9m $469.9m 0.32% Reduced -44.4k -44,432
5 BlackRock Inc. 0.01% of their portfolio New York, NY 1,577,8311.6m $295.6m $295.6m 0.01% Added +770.1k +770,064
6 ASSETMARK, INC 0.94% of their portfolio CONCORD, CA 1,550,9011.6m $290.6m $290.6m 0.94% Reduced -95.4k -95,360
7 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 1,533,5601.5m $287.3m $287.3m 0.03% Added +544.1k +544,070
8 STATE OF MICHIGAN RETIREMENT SYSTEM 1.41% of their portfolio EAST LANSING, MI 1,401,2401.4m $262.5m $262.5m 1.41% Reduced -75.2k -75,200
9 Blue Trust, Inc. 3.27% of their portfolio BRENTWOOD, TN 1,239,6961.2m $232.3m $232.3m 3.27% Added +207.3k +207,306
10 Savant Capital, LLC 2.49% of their portfolio ROCKFORD, IL 1,157,1331.2m $216.8m $216.8m 2.49% Added +48.3k +48,347
11 Cerity Partners LLC 0.52% of their portfolio NEW YORK, NY 1,054,4731.1m $197.6m $197.6m 0.52% Reduced -89.1k -89,142
12 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.51% of their portfolio PLYMOUTH, MN 1,052,7511.1m $197.2m $197.2m 0.51% Reduced -2.2m -2,246,096
13 CWM, LLC 0.76% of their portfolio OMAHA, NE 835,639835.6k $156.6m $156.6m 0.76% Reduced -298.6k -298,578
14 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 4.77% of their portfolio Seattle, WA 821,075821.1k $153.8m $153.8m 4.77% Added +1.2k +1,246
15 UBS Group AG 0.05% of their portfolio ZURICH, V8 760,462760.5k $142.5m $142.5m 0.05% Added +169.4k +169,425
16 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 719,026719.0k $134.9m $134.9m 0.04% Added +283.7k +283,724
17 Corient Private Wealth LP 0.22% of their portfolio MIAMI, FL 655,589655.6k $122.8m $122.8m 0.22% Reduced -631 -631
18 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 611,393611.4k $114.5m $114.5m 0.06% Added +46.2k +46,241
19 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 571,812571.8k $107.1m $107.1m 0.03% Added +132.2k +132,158
20 FMR LLC 0.01% of their portfolio BOSTON, MA 568,835568.8k $106.6m $106.6m 0.01% Reduced -2.2k -2,207
21 PNC Financial Services Group, Inc. 0.07% of their portfolio Pittsburgh, PA 550,404550.4k $103.1m $103.1m 0.07% Reduced -15.4k -15,447
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 507,414507.4k $95.1m $95.1m 0.00% Reduced -29.9k -29,908
23 AdvisorShares Investments LLC 15.69% of their portfolio BETHESDA, MD 497,000497.0k $93.1m $93.1m 15.69% New
24 Horizon Investments, LLC 2.03% of their portfolio Charlotte, NC 413,112413.1k $77.4m $77.4m 2.03% Added +412.5k +412,499
25 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 410,158410.2k $76.8m $76.8m 0.01% Added +43.0k +42,952
26 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 407,194407.2k $76.3m $76.3m 0.02% Added +92.3k +92,292
27 Raymond James Financial Services Advisors, Inc. 0.10% of their portfolio ST. PETERSBURG, FL 368,060368.1k $69.0m $69.0m 0.10% Added +91.2k +91,170
28 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 366,390366.4k $68.6m $68.6m 0.01% Added +340.2k +340,199
29 Symmetry Partners, LLC 4.88% of their portfolio GLASTONBURY, CT 332,585332.6k $62.3m $62.3m 4.88% Reduced -204.1k -204,067
30 Apella Capital, LLC 2.98% of their portfolio WEST HARTFORD, CT 317,746317.7k $59.1m $59.1m 2.98% Reduced -15.2k -15,235
31 KEYBANK NATIONAL ASSOCIATION/OH 0.24% of their portfolio BROOKLYN, OH 308,688308.7k $57.8m $57.8m 0.24% Reduced -47.5k -47,530
32 OSAIC HOLDINGS, INC. 0.12% of their portfolio SCOTTSDALE, AZ 294,315294.3k $55.1m $55.1m 0.12% Added +14.9k +14,926
33 COMMONWEALTH EQUITY SERVICES, LLC 0.09% of their portfolio WALTHAM, MA 292,031292.0k $54.7m $54.7m 0.09% Added +18.1k +18,102
34 Trilogy Capital Inc. 2.72% of their portfolio IRVINE, CA 252,008252.0k $47.2m $47.2m 2.72% Reduced -17.8k -17,843
35 Clark Capital Management Group, Inc. 0.34% of their portfolio PHILADELPHIA, PA 241,996242.0k $45.3m $45.3m 0.34% New
36 Armbruster Capital Management, Inc. 8.32% of their portfolio PITTSFORD, NY 208,756208.8k $39.1m $39.1m 8.32% Reduced -5.4k -5,406
37 Ameritas Advisory Services, LLC 1.54% of their portfolio Lincoln, NE 200,869200.9k $37.4m $37.4m 1.54% Added +15.1k +15,104
38 High Probability Advisors, LLC 6.94% of their portfolio Pittsford, NY 199,855199.9k $37.4m $37.4m 6.94% Added +2.6k +2,632
39 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 198,338198.3k $37.2m $37.2m 0.04% Added +3.1k +3,097
40 Janney Montgomery Scott LLC 0.11% of their portfolio PHILADELPHIA, PA 197,226197.2k $37.0m $37.0m 0.11% Added +722 +722
41 Integrated Wealth Concepts LLC 0.49% of their portfolio WALTHAM, MA 181,650181.7k $34.0m $34.0m 0.49% Reduced -13.0k -13,046
42 Cetera Investment Advisers 0.08% of their portfolio SCHAUMBURG, IL 175,700175.7k $32.9m $32.9m 0.08% Added +168.2k +168,245
43 Kathmere Capital Management, LLC 3.76% of their portfolio WAYNE, PA 175,485175.5k $32.9m $32.9m 3.76% Added +2.7k +2,730
44 Stonehearth Capital Management, LLC 14.40% of their portfolio DANVERS, MA 169,805169.8k $31.8m $31.8m 14.40% Added +30.4k +30,365
45 1900 WEALTH MANAGEMENT LLC 2.89% of their portfolio SAN ANTONIO, TX 169,315169.3k $31.7m $31.7m 2.89% Reduced -19.6k -19,602
46 PRUDENTIAL PLC 0.22% of their portfolio LONDON, X0 143,092143.1k $26.8m $26.8m 0.22% Added +141.2k +141,175
47 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 1.59% of their portfolio ROCHESTER, NY 135,039135.0k $25.3m $25.3m 1.59% Added +1.9k +1,917
48 Insight Wealth Strategies, LLC 3.67% of their portfolio SAN RAMON, CA 133,485133.5k $25.0m $25.0m 3.67% Reduced -13.3k -13,304
49 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 126,920126.9k $23.8m $23.8m 0.03% Added +105.2k +105,207
50 CFO4Life Group, LLC 4.22% of their portfolio COPPELL, TX 124,220124.2k $23.3m $23.3m 4.22% Added +1.6k +1,645
51 AE Wealth Management LLC 0.26% of their portfolio TOPEKA, KS 121,592121.6k $22.8m $22.8m 0.26% Reduced -41.9k -41,944
52 Invst, LLC 2.69% of their portfolio INDIANAPOLIS, IN 120,861120.9k $22.7m $22.7m 2.69% Added +1.7k +1,696
53 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 119,985120.0k $22.5m $22.5m 0.02% Added +80.3k +80,288
54 Private Advisor Group, LLC 0.16% of their portfolio MORRISTOWN, NJ 119,334119.3k $22.4m $22.4m 0.16% Added +48.5k +48,519
55 CAPTRUST FINANCIAL ADVISORS 0.08% of their portfolio RALEIGH, NC 118,973119.0k $22.3m $22.3m 0.08% Reduced -18.1k -18,097
56 OneDigital Investment Advisors LLC 0.34% of their portfolio OVERLAND PARK, KS 115,906115.9k $21.7m $21.7m 0.34% Reduced -86.9k -86,909
57 Acropolis Investment Management, LLC 1.41% of their portfolio ST. LOUIS, MO 114,699114.7k $21.5m $21.5m 1.41% Added +1.0k +1,042
58 OXFORD FINANCIAL GROUP, LTD. LLC 1.42% of their portfolio INDIANAPOLIS, IN 109,172109.2k $20.5m $20.5m 1.42% Reduced -7.6k -7,563
59 Strategic Financial Services, Inc. 1.29% of their portfolio UTICA, NY 106,306106.3k $19.9m $19.9m 1.29% Added +963 +963
60 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 106,072106.1k $19.9m $19.9m 0.04% Added +43.5k +43,451
61 GeoWealth Management, LLC 0.77% of their portfolio CHICAGO, IL 105,940105.9k $19.8m $19.8m 0.77% Added +105.5k +105,550
62 Sensible Financial Planning & Management, LLC. 4.34% of their portfolio WALTHAM, MA 104,877104.9k $19.6m $19.6m 4.34% Reduced -4.2k -4,171
63 Bell Investment Advisors, Inc 3.74% of their portfolio ORINDA, CA 102,220102.2k $19.2m $19.2m 3.74% Reduced -5.4k -5,418
64 Yeomans Consulting Group, Inc. 8.28% of their portfolio Marietta, GA 100,971101.0k $18.9m $18.9m 8.28% New
65 Orion Porfolio Solutions, LLC 0.20% of their portfolio OMAHA, NE 99,62799.6k $18.7m $18.7m 0.20% Added +68.7k +68,728
66 Orion Portfolio Solutions, LLC 0.20% of their portfolio Omaha, NE 99,62799.6k $18.7m $18.7m 0.20% Added +68.7k +68,728
67 OPPENHEIMER & CO INC 0.31% of their portfolio NEW YORK, NY 99,58599.6k $18.7m $18.7m 0.31% Reduced -308 -308
68 Glenview Trust Co 0.39% of their portfolio Louisville, KY 97,93597.9k $18.3m $18.3m 0.39% Reduced -4.8k -4,765
69 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 92,26592.3k $17.3m $17.3m 0.07% Added +1.3k +1,317
70 Meredith Wealth Planning 9.22% of their portfolio MARYVILLE, IL 88,25488.3k $16.5m $16.5m 9.22% Reduced -1.5k -1,462
71 Summit Wealth Group, LLC 11.25% of their portfolio WHITE RIVER JUNCTION, VT 88,16988.2k $16.5m $16.5m 11.25% Added +103 +103
72 Q3 Asset Management 4.65% of their portfolio BIRMINGHAM, MI 87,32987.3k $16.4m $16.4m 4.65% Added +22.8k +22,829
73 Foundations Investment Advisors, LLC 0.43% of their portfolio PHOENIX, AZ 86,89186.9k $16.3m $16.3m 0.43% Added +5.8k +5,772
74 Journey Advisory Group, LLC 1.98% of their portfolio COVINGTON, KY 85,64985.6k $16.0m $16.0m 1.98% Reduced -3.3k -3,284
75 Trinity Wealth Management, LLC 8.25% of their portfolio BERWYN, PA 85,32985.3k $16.0m $16.0m 8.25% Reduced -666 -666
76 Mariner, LLC 0.03% of their portfolio Overland Park, KS 78,88578.9k $14.8m $14.8m 0.03% Added +38.4k +38,437
77 PRUDENT INVESTORS NETWORK, INC. 5.50% of their portfolio LAKE FOREST, CA 77,81877.8k $14.6m $14.6m 5.50% First filing
78 Foster Group, Inc. 0.68% of their portfolio WEST DES MOINES, IA 72,92372.9k $13.7m $13.7m 0.68% Added +6.4k +6,420
79 Sanchez Wealth Management Group 4.51% of their portfolio JACKSONVILLE, FL 71,08571.1k $13.3m $13.3m 4.51% Added +696 +696
80 MA Private Wealth 2.64% of their portfolio SAN CARLOS, CA 69,59369.6k $13.0m $13.0m 2.64% Added +2.2k +2,191
81 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 68,87668.9k $12.9m $12.9m 0.05% Added +5.6k +5,595
82 WIN ADVISORS, INC 5.67% of their portfolio PALM BEACH GARDENS, FL 68,70468.7k $12.9m $12.9m 5.67% New
83 Advisory Services Network, LLC 0.27% of their portfolio ATLANTA, GA 65,97366.0k $12.4m $12.4m 0.27% Added +64.0k +64,020
84 CPC Advisors, LLC 2.10% of their portfolio Atlanta, GA 65,63465.6k $12.3m $12.3m 2.10% Added +506 +506
85 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 64,66264.7k $12.1m $12.1m 0.01% Added +7.1k +7,141
86 JMAC ENTERPRISES LLC 2.19% of their portfolio NEWTOWN, PA 62,85562.9k $11.8m $11.8m 2.19% Added +4.4k +4,361
87 Aptus Capital Advisors, LLC 0.25% of their portfolio FAIRHOPE, AL 61,18261.2k $11.5m $11.5m 0.25% Added +60.8k +60,805
88 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 60,89460.9k $11.4m $11.4m 0.00% Added +944 +944
89 Well Done, LLC 2.21% of their portfolio HOLLAND, MI 60,02160.0k $11.2m $11.2m 2.21% Reduced -66.5k -66,495
90 Straight Path Wealth Management 6.30% of their portfolio Jenison, MI 59,90759.9k $11.2m $11.2m 6.30% Reduced -486 -486
91 M&T Bank Corp 0.04% of their portfolio BUFFALO, NY 57,36557.4k $10.7m $10.7m 0.04% Reduced -20.9k -20,896
92 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 54,46954.5k $10.2m $10.2m 0.03% Reduced -1.6k -1,552
93 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 54,43654.4k $10.2m $10.2m 0.02% Reduced -2.6k -2,645
94 Beacon Pointe Advisors, LLC 0.11% of their portfolio NEWPORT BEACH, CA 53,16153.2k $10.0m $10.0m 0.11% Reduced -2.9k -2,856
95 Waverly Advisors, LLC 0.23% of their portfolio BIRMINGHAM, AL 52,94552.9k $9.9m $9.9m 0.23% New
96 Lido Advisors, LLC 0.08% of their portfolio Los Angeles, CA 47,41147.4k $8.9m $8.9m 0.08% New
97 CHOREO, LLC 0.22% of their portfolio ROCKFORD, IL 46,17346.2k $8.7m $8.7m 0.22% Added +625 +625
98 EdgeRock Capital LLC 6.78% of their portfolio DENVER, CO 45,47345.5k $8.5m $8.5m 6.78% Added +9.6k +9,552
99 Chicago Partners Investment Group LLC 0.34% of their portfolio CHICAGO, IL 45,13345.1k $8.1m $8.1m 0.34% Reduced -1.1k -1,077
100 Garrett Wealth Advisory Group, LLC 3.42% of their portfolio WEATHERFORD, TX 44,54544.5k $8.3m $8.3m 3.42% Reduced -1.4k -1,437