Vault-13

ISHARES TR MTUM

MSCI USA MMENTM · ETP · CUSIP 46432F396

703 institutional holders +7 vs Q2 2024
47,708,95047.7m shares reported held*
$9.6bnreported value*
65 new 190 added 291 reduced 62 sold out net sold ≈ $885.9m (-4.5m 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 ($4.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $202.10. Options: 7 managers hold calls ($53.9m notional), 9 hold puts ($157.5m).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 613Q4 22: 766Q1 23: 705Q2 23: 649Q3 23: 621Q4 23: 641Q1 24: 682Q2 24: 696Q3 24: 703703Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022613
Q4 2022766
Q1 2023705
Q2 2023649
Q3 2023621
Q4 2023641
Q1 2024682
Q2 2024696
Q3 2024703

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 outQ1 23: 244 bought or addedQ1 23: 462 cut or sold outQ1 23Q2 23: 187 bought or addedQ2 23: 457 cut or sold outQ3 23: 182 bought or addedQ3 23: 383 cut or sold outQ3 23Q4 23: 189 bought or addedQ4 23: 370 cut or sold outQ1 24: 300 bought or addedQ1 24: 317 cut or sold outQ1 24Q2 24: 268 bought or addedQ2 24: 365 cut or sold outQ3 24: 255 bought or addedQ3 24: 353 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022406265
Q1 2023244462
Q2 2023187457
Q3 2023182383
Q4 2023189370
Q1 2024300317
Q2 2024268365
Q3 2024255353

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ4 23 calls: $4.4mQ4 23 puts: $2.2mQ4 23P/C 0.49Q1 24 calls: $31.9mQ1 24 puts: $643.0mQ1 24P/C 20.13Q2 24 calls: $25.7mQ2 24 puts: $173.8mQ2 24P/C 6.76Q3 24 calls: $53.9mQ3 24 puts: $157.5mQ3 24P/C 2.92
Numbers
QuarterCallsPutsP/C
Q4 2023$4.4m$2.2m0.49
Q1 2024$31.9m$643.0m20.13
Q2 2024$25.7m$173.8m6.76
Q3 2024$53.9m$157.5m2.92

Biggest buyers

MERCER GLOBAL ADVISORS INC /ADV Added +365,399+365.4k
CITIGROUP INC Added +234,524+234.5k
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management Added +130,482+130.5k
Sanctuary Advisors, LLC Added +129,521+129.5k
Dynasty Wealth Management, LLC Added +88,098+88.1k
FMR LLC Added +73,442+73.4k
ASSETMARK, INC Added +72,891+72.9k
Convergence Financial, LLC New +63,350+63.4k
ENVESTNET ASSET MANAGEMENT INC Added +60,979+61.0k
GeoWealth Management, LLC Added +47,361+47.4k

Biggest sellers

JPMORGAN CHASE & CO Reduced -1,458,850-1.5m
BANK OF AMERICA CORP /DE/ Reduced -614,445-614.4k
AdvisorShares Investments LLC Sold out -487,118-487.1k
Symmetry Partners, LLC Reduced -419,685-419.7k
Horizon Investments, LLC Reduced -412,284-412.3k
Savant Capital, LLC Reduced -386,436-386.4k
GOLDMAN SACHS GROUP INC Reduced -353,616-353.6k
TWO SIGMA ADVISERS, LP Sold out -159,700-159.7k
Insight Wealth Strategies, LLC Reduced -128,887-128.9k
LIBERTY WEALTH MANAGEMENT LLC Sold out -123,888-123.9k

Biggest calls

Waratah Capital Advisors Ltd. New $34.5m170.0k shares
Cubist Systematic Strategies, LLC Added $9.9m48.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.8m28.4k shares
CITADEL ADVISORS LLC Added $2.3m11.5k shares
JANE STREET GROUP, LLC New $628.6k3.1k shares
WOLVERINE TRADING, LLC Reduced $605.8k3.0k shares
Belvedere Trading LLC Unchanged $263.6k1.3k shares

Biggest puts

MILLENNIUM MANAGEMENT LLC Added $54.1m267.0k shares
JANE STREET GROUP, LLC Added $30.0m147.8k shares
WOLVERINE TRADING, LLC Added $23.8m117.7k shares
CITADEL ADVISORS LLC Reduced $19.4m95.9k shares
Hiddenite Capital Partners LP Added $15.2m75.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $9.8m48.4k shares
Cubist Systematic Strategies, LLC Added $5.2m25.6k shares
Belvedere Trading LLC New $20.3k100 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, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.52% of their portfolio Berwyn, PA 7,956,8868.0m $1.6bn $1.6bn 0.52% Added +61.0k +60,979
2 MERCER GLOBAL ADVISORS INC /ADV 3.74% of their portfolio DENVER, CO 7,916,8167.9m $1.6bn $1.6bn 3.74% Added +365.4k +365,399
3 RAYMOND JAMES & ASSOCIATES 0.30% of their portfolio ST PETERSBURG, FL 2,394,1862.4m $485.4m $485.4m 0.30% Reduced -47.2k -47,237
4 ASSETMARK, INC 0.98% of their portfolio CONCORD, CA 1,692,9831.7m $343.3m $343.3m 0.98% Added +72.9k +72,891
5 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 1,429,9681.4m $289.9m $289.9m 0.02% Reduced -760 -760
6 STATE OF MICHIGAN RETIREMENT SYSTEM 1.32% of their portfolio EAST LANSING, MI 1,308,4901.3m $265.3m $265.3m 1.32% Added +14.9k +14,900
7 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 1,220,5231.2m $247.5m $247.5m 0.02% Reduced -614.4k -614,445
8 Blue Trust, Inc. 2.91% of their portfolio BRENTWOOD, TN 1,143,3901.1m $222.8m $222.8m 2.91% Reduced -79.7k -79,677
9 Cerity Partners LLC 0.48% of their portfolio NEW YORK, NY 1,073,9071.1m $217.7m $217.7m 0.48% Added +26.2k +26,235
10 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.42% of their portfolio PLYMOUTH, MN 967,866967.9k $196.2m $196.2m 0.42% Reduced -50.9k -50,923
11 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 5.49% of their portfolio Seattle, WA 960,518960.5k $194.8m $194.8m 5.49% Added +130.5k +130,482
12 BlackRock, Inc. 0.00% of their portfolio New York, NY 828,900828.9k $168.1m $168.1m 0.00% First filing
13 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 740,160740.2k $150.1m $150.1m 0.01% Reduced -1.5m -1,458,850
14 Savant Capital, LLC 1.23% of their portfolio ROCKFORD, IL 728,853728.9k $147.8m $147.8m 1.23% Reduced -386.4k -386,436
15 FMR LLC 0.01% of their portfolio BOSTON, MA 674,367674.4k $136.7m $136.7m 0.01% Added +73.4k +73,442
16 Corient Private Wealth LP 0.21% of their portfolio MIAMI, FL 666,041666.0k $135.0m $135.0m 0.21% Added +6.7k +6,712
17 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 619,786619.8k $125.7m $125.7m 0.06% Added +12.0k +11,968
18 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 610,113610.1k $123.7m $123.7m 0.03% Reduced -60.5k -60,544
19 UBS Group AG 0.03% of their portfolio ZURICH, V8 602,441602.4k $122.2m $122.2m 0.03% Reduced -111.9k -111,882
20 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 574,580574.6k $116.5m $116.5m 0.03% Reduced -29.7k -29,700
21 PNC Financial Services Group, Inc. 0.07% of their portfolio Pittsburgh, PA 509,421509.4k $103.3m $103.3m 0.07% Reduced -34.0k -33,955
22 CWM, LLC 0.43% of their portfolio OMAHA, NE 491,655491.7k $99.7m $99.7m 0.43% Reduced -20.2k -20,236
23 Arizona PSPRS Trust 2.92% of their portfolio PHOENIX, AZ 362,613362.6k $73.5m $73.5m 2.92% Added +7.1k +7,115
24 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 325,290325.3k $66.0m $66.0m 0.01% Reduced -61.1k -61,133
25 Apella Capital, LLC 2.70% of their portfolio WEST HARTFORD, CT 325,084325.1k $65.7m $65.7m 2.70% Added +6.4k +6,394
26 Raymond James Financial Services Advisors, Inc. 0.08% of their portfolio ST. PETERSBURG, FL 312,147312.1k $63.3m $63.3m 0.08% Reduced -78.0k -78,004
27 Trilogy Capital Inc. 2.96% of their portfolio IRVINE, CA 289,314289.3k $58.7m $58.7m 2.96% Added +7.3k +7,343
28 Foster Group, Inc. 2.14% of their portfolio WEST DES MOINES, IA 282,975283.0k $57.4m $57.4m 2.14% Added +5.0k +5,035
29 High Probability Advisors, LLC 9.58% of their portfolio Pittsford, NY 277,487277.5k $56.3m $56.3m 9.58% Added +6.2k +6,212
30 CITIGROUP INC 0.05% of their portfolio NEW YORK, NY 253,036253.0k $51.3m $51.3m 0.05% Added +234.5k +234,524
31 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 218,330218.3k $44.3m $44.3m 0.01% Reduced -353.6k -353,616
32 Strategic Financial Services, Inc. 2.62% of their portfolio UTICA, NY 217,450217.4k $44.1m $44.1m 2.62% Added +3.2k +3,202
33 KEYBANK NATIONAL ASSOCIATION/OH 0.17% of their portfolio BROOKLYN, OH 217,368217.4k $44.1m $44.1m 0.17% Reduced -13.4k -13,392
34 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 206,027206.0k $41.8m $41.8m 0.06% Reduced -54.2k -54,230
35 Armbruster Capital Management, Inc. 8.08% of their portfolio PITTSFORD, NY 200,091200.1k $40.6m $40.6m 8.08% Reduced -12.9k -12,923
36 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 197,394197.4k $40.0m $40.0m 0.01% Reduced -79.7k -79,705
37 OSAIC HOLDINGS, INC. 0.09% of their portfolio SCOTTSDALE, AZ 189,564189.6k $38.4m $38.4m 0.09% Reduced -40.4k -40,436
38 Ameritas Advisory Services, LLC 1.63% of their portfolio Lincoln, NE 185,742185.7k $37.7m $37.7m 1.63% Reduced -12.4k -12,442
39 Integrated Wealth Concepts LLC 0.45% of their portfolio WALTHAM, MA 183,461183.5k $37.2m $37.2m 0.45% Added +21.3k +21,300
40 Kathmere Capital Management, LLC 3.49% of their portfolio WAYNE, PA 183,336183.3k $37.2m $37.2m 3.49% Added +3.6k +3,584
41 Stonehearth Capital Management, LLC 14.39% of their portfolio DANVERS, MA 178,494178.5k $36.2m $36.2m 14.39% Added +2.1k +2,083
42 Janney Montgomery Scott LLC 0.10% of their portfolio PHILADELPHIA, PA 176,497176.5k $35.8m $35.8m 0.10% Reduced -501 -501
43 Sanctuary Advisors, LLC 0.22% of their portfolio INDIANAPOLIS, IN 157,981158.0k $34.0m $34.0m 0.22% Added +129.5k +129,521
44 Cetera Investment Advisers 0.07% of their portfolio SCHAUMBURG, IL 153,371153.4k $31.1m $31.1m 0.07% Reduced -20.9k -20,867
45 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 150,144150.1k $30.4m $30.4m 0.03% Reduced -53.0k -52,996
46 1900 WEALTH MANAGEMENT LLC 2.40% of their portfolio SAN ANTONIO, TX 138,168138.2k $28.0m $28.0m 2.40% Reduced -4.4k -4,402
47 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 1.56% of their portfolio ROCHESTER, NY 136,872136.9k $27.8m $27.8m 1.56% Added +164 +164
48 OneDigital Investment Advisors LLC 0.29% of their portfolio OVERLAND PARK, KS 125,167125.2k $25.4m $25.4m 0.29% Reduced -3.4k -3,377
49 Acropolis Investment Management, LLC 1.49% of their portfolio ST. LOUIS, MO 123,783123.8k $25.1m $25.1m 1.49% Added +48 +48
50 New York Life Investment Management LLC 0.24% of their portfolio New York, NY 123,550123.5k $25.1m $25.1m 0.24% Added +45.7k +45,744
51 CFO4Life Group, LLC 4.38% of their portfolio COPPELL, TX 122,171122.2k $24.8m $24.8m 4.38% Reduced -1.2k -1,225
52 Symmetry Partners, LLC 5.84% of their portfolio GLASTONBURY, CT 121,591121.6k $24.7m $24.7m 5.84% Reduced -419.7k -419,685
53 Invst, LLC 2.67% of their portfolio INDIANAPOLIS, IN 109,000109.0k $22.1m $22.1m 2.67% Reduced -5.8k -5,765
54 CAPTRUST FINANCIAL ADVISORS 0.07% of their portfolio RALEIGH, NC 108,215108.2k $21.9m $21.9m 0.07% Reduced -6.1k -6,137
55 GeoWealth Management, LLC 0.77% of their portfolio CHICAGO, IL 107,715107.7k $21.8m $21.8m 0.77% Added +47.4k +47,361
56 OPPENHEIMER & CO INC 0.32% of their portfolio NEW YORK, NY 103,510103.5k $21.0m $21.0m 0.32% Added +11.6k +11,626
57 Sensible Financial Planning & Management, LLC. 4.05% of their portfolio WALTHAM, MA 101,296101.3k $20.5m $20.5m 4.05% Reduced -1.9k -1,854
58 Bell Investment Advisors, Inc 3.72% of their portfolio ORINDA, CA 99,93699.9k $20.3m $20.3m 3.72% Added +609 +609
59 Dynasty Wealth Management, LLC 0.17% of their portfolio ST. PETERSBURG, FL 95,26495.3k $5.8m $5.8m 0.17% Added +88.1k +88,098
60 Glenview Trust Co 0.36% of their portfolio Louisville, KY 91,04091.0k $18.5m $18.5m 0.36% Reduced -2.1k -2,078
61 Sanchez Wealth Management Group 5.53% of their portfolio JACKSONVILLE, FL 89,45489.5k $18.1m $18.1m 5.53% Added +14.6k +14,553
62 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 86,68786.7k $17.6m $17.6m 0.06% Reduced -1.9k -1,928
63 Meredith Wealth Planning 8.25% of their portfolio MARYVILLE, IL 85,21385.2k $17.3m $17.3m 8.25% Reduced -701 -701
64 Journey Advisory Group, LLC 1.96% of their portfolio COVINGTON, KY 84,20884.2k $16.4m $16.4m 1.96% Reduced -1.2k -1,223
65 OXFORD FINANCIAL GROUP, LTD. LLC 1.07% of their portfolio INDIANAPOLIS, IN 83,18883.2k $16.9m $16.9m 1.07% Reduced -10.3k -10,337
66 Yeomans Consulting Group, Inc. 6.20% of their portfolio Marietta, GA 81,82881.8k $16.6m $16.6m 6.20% Reduced -12.3k -12,292
67 Trinity Wealth Management, LLC 7.51% of their portfolio BERWYN, PA 80,74880.7k $16.4m $16.4m 7.51% Reduced -4.4k -4,369
68 Baird Financial Group, Inc. 0.03% of their portfolio MILWAUKEE, WI 78,89878.9k $16.0m $16.0m 0.03% Reduced -28.3k -28,271
69 PRUDENT INVESTORS NETWORK, INC. 4.85% of their portfolio LAKE FOREST, CA 77,98178.0k $15.8m $15.8m 4.85% Reduced -1.2k -1,204
70 Mariner, LLC 0.03% of their portfolio Overland Park, KS 73,29473.3k $14.9m $14.9m 0.03% Reduced -3.4k -3,373
71 Advisory Services Network, LLC 0.28% of their portfolio ATLANTA, GA 68,55468.6k $13.4m $13.4m 0.28% Unchanged
72 CPC Advisors, LLC 2.06% of their portfolio Atlanta, GA 68,35468.4k $13.9m $13.9m 2.06% Added +3.6k +3,613
73 M&T Bank Corp 0.04% of their portfolio BUFFALO, NY 66,87066.9k $13.6m $13.6m 0.04% Added +22.1k +22,130
74 Foundations Investment Advisors, LLC 0.28% of their portfolio PHOENIX, AZ 65,11765.1k $13.2m $13.2m 0.28% Added +3.2k +3,163
75 Summit Wealth Group, LLC 3.73% of their portfolio WHITE RIVER JUNCTION, VT 63,71563.7k $12.9m $12.9m 3.73% Reduced -24.0k -24,023
76 JMAC ENTERPRISES LLC 2.06% of their portfolio NEWTOWN, PA 63,55763.6k $12.9m $12.9m 2.06% Added +1.9k +1,895
77 Convergence Financial, LLC 2.73% of their portfolio COLUMBIA, MO 63,35063.4k $12.8m $12.8m 2.73% New
78 Private Advisor Group, LLC 0.08% of their portfolio MORRISTOWN, NJ 63,12163.1k $12.8m $12.8m 0.08% Reduced -49.4k -49,369
79 Straight Path Wealth Management 5.50% of their portfolio Jenison, MI 62,93562.9k $12.8m $12.8m 5.50% Added +335 +335
80 OVERSEA-CHINESE BANKING Corp Ltd 0.35% of their portfolio SINGAPORE, U0 62,01462.0k $12.6m $12.6m 0.35% Added +10.8k +10,831
81 Well Done, LLC 2.17% of their portfolio HOLLAND, MI 58,48358.5k $11.9m $11.9m 2.17% Reduced -298 -298
82 Waverly Advisors, LLC 0.21% of their portfolio BIRMINGHAM, AL 56,26656.3k $11.4m $11.4m 0.21% Reduced -4.1k -4,075
83 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 55,27855.3k $11.6m $11.6m 0.00% Reduced -70 -70
84 Van Hulzen Asset Management, LLC 0.77% of their portfolio EL DORADO HILLS, CA 52,38752.4k $10.6m $10.6m 0.77% Reduced -342 -342
85 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 50,95151.0k $10.3m $10.3m 0.04% Reduced -7.5k -7,462
86 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 50,30550.3k $10.2m $10.2m 0.03% Reduced -3.6k -3,630
87 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 49,01249.0k $9.9m $9.9m 0.01% Reduced -26.1k -26,142
88 Global Wealth Strategies & Associates 3.22% of their portfolio DENVER, CO 48,28148.3k $9.8m $9.8m 3.22% Added +1.6k +1,579
89 CHOREO, LLC 0.14% of their portfolio ROCKFORD, IL 46,24046.2k $9.3m $9.3m 0.14% Reduced -2.0k -1,998
90 Garrett Wealth Advisory Group, LLC 2.30% of their portfolio WEATHERFORD, TX 46,00646.0k $9.3m $9.3m 2.30% Added +1.9k +1,870
91 Elevation Capital Advisory, LLC 4.04% of their portfolio BEND, OR 45,14045.1k $9.2m $9.2m 4.04% New
92 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 45,01045.0k $9.1m $9.1m 0.01% Added +25.3k +25,307
93 Lido Advisors, LLC 0.07% of their portfolio Los Angeles, CA 44,35844.4k $9.0m $9.0m 0.07% Added +3.4k +3,410
94 PARK AVENUE SECURITIES LLC 0.10% of their portfolio NEW YORK, NY 43,90743.9k $8.9m $8.9m 0.10% Reduced -2.1k -2,063
95 Beacon Pointe Advisors, LLC 0.10% of their portfolio NEWPORT BEACH, CA 43,89243.9k $8.9m $8.9m 0.10% Reduced -8.2k -8,198
96 INTRUST BANK NA 0.89% of their portfolio WICHITA, KS 43,70843.7k $8.9m $8.9m 0.89% Added +25.7k +25,734
97 Chicago Partners Investment Group LLC 0.32% of their portfolio CHICAGO, IL 43,29243.3k $9.0m $9.0m 0.32% Reduced -946 -946
98 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 43,09343.1k $8.7m $8.7m 0.02% Added +23.5k +23,516
99 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 41,52041.5k $8.4m $8.4m 0.01% Reduced -2.6k -2,570
100 Opes Wealth Management LLC 1.62% of their portfolio MENLO PARK, CA 41,49141.5k $8.4m $8.4m 1.62% Reduced -591 -591