Vault-13

ISHARES TR MTUM

MSCI USA MMENTM · ETP · CUSIP 46432F396

873 institutional holders +170 vs Q3 2024
64,874,69764.9m shares reported held*
$13.4bnreported value*
149 new 319 added 196 reduced 34 sold out net bought ≈ $3.4bn (+16.4m 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 ($5.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $206.85. Options: 6 managers hold calls ($41.9m notional), 22 hold puts ($780.1m).

Trends to Q4 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: 703Q4 24: 873873Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022613
Q4 2022766
Q1 2023705
Q2 2023649
Q3 2023621
Q4 2023641
Q1 2024682
Q2 2024696
Q3 2024703
Q4 2024873

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
5000500Q1 23: 244 bought or addedQ1 23: 462 cut or sold outQ2 23: 187 bought or addedQ2 23: 457 cut or sold outQ2 23Q3 23: 182 bought or addedQ3 23: 383 cut or sold outQ4 23: 189 bought or addedQ4 23: 370 cut or sold outQ4 23Q1 24: 300 bought or addedQ1 24: 317 cut or sold outQ2 24: 268 bought or addedQ2 24: 365 cut or sold outQ2 24Q3 24: 255 bought or addedQ3 24: 353 cut or sold outQ4 24: 468 bought or addedQ4 24: 230 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023244462
Q2 2023187457
Q3 2023182383
Q4 2023189370
Q1 2024300317
Q2 2024268365
Q3 2024255353
Q4 2024468230

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ1 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 2.92Q4 24 calls: $41.9mQ4 24 puts: $780.1mQ4 24P/C 18.61
Numbers
QuarterCallsPutsP/C
Q1 2024$31.9m$643.0m20.13
Q2 2024$25.7m$173.8m6.76
Q3 2024$53.9m$157.5m2.92
Q4 2024$41.9m$780.1m18.61

Biggest buyers

ENVESTNET ASSET MANAGEMENT INC Added +4,651,707+4.7m
LPL Financial LLC Added +1,334,851+1.3m
GOLDMAN SACHS GROUP INC Added +918,518+918.5k
MORGAN STANLEY Added +766,663+766.7k
Envestnet Portfolio Solutions, Inc. Added +676,419+676.4k
CITIGROUP INC Added +498,312+498.3k
BlackRock, Inc. Added +494,991+495.0k
PARK AVENUE SECURITIES LLC Added +463,387+463.4k
CWM, LLC Added +443,477+443.5k
JPMORGAN CHASE & CO Added +387,944+387.9k

Biggest sellers

MERCER GLOBAL ADVISORS INC /ADV Reduced -1,006,466-1.0m
Savant Capital, LLC Reduced -91,433-91.4k
Integrated Wealth Concepts LLC Reduced -68,139-68.1k
GeoWealth Management, LLC Reduced -59,492-59.5k
Apella Capital, LLC Reduced -58,105-58.1k
FMR LLC Reduced -29,749-29.7k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -24,580-24.6k
PRUDENTIAL FINANCIAL INC Sold out -19,010-19.0k
STATE OF MICHIGAN RETIREMENT SYSTEM Reduced -17,600-17.6k
TUDOR INVESTMENT CORP ET AL Sold out -12,218-12.2k

Biggest calls

Polar Asset Management Partners Inc. New $15.5m75.0k shares
CITADEL ADVISORS LLC Added $14.4m69.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.7m32.6k shares
Cubist Systematic Strategies, LLC Reduced $4.2m20.1k shares
WOLVERINE TRADING, LLC Added $1.1m5.3k shares
Belvedere Trading LLC Reduced $41.4k200 shares

Biggest puts

MILLENNIUM MANAGEMENT LLC Added $158.8m767.5k shares
PICTON MAHONEY ASSET MANAGEMENT New $124.2m600.0k shares
CARRONADE CAPITAL MANAGEMENT, LP New $103.5m500.0k shares
JANE STREET GROUP, LLC Added $103.4m499.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $96.1m464.3k shares
Ulysses Management LLC New $41.4m200.0k shares
SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC New $31.0m150.0k shares
Hidden Lake Asset Management LP New $22.8m110.0k shares
GOLDMAN SACHS GROUP INC New $20.8m100.5k shares
CITADEL ADVISORS LLC Reduced $18.5m89.3k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.84% of their portfolio Berwyn, PA 12,608,59312.6m $2.6bn $2.6bn 0.84% Added +4.7m +4,651,707
2 MERCER GLOBAL ADVISORS INC /ADV 3.49% of their portfolio DENVER, CO 6,910,3506.9m $1.4bn $1.4bn 3.49% Reduced -1.0m -1,006,466
3 RAYMOND JAMES FINANCIAL INC 0.21% of their portfolio ST. PETERSBURG, FL 2,778,0022.8m $574.8m $574.8m 0.21% First filing
4 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 2,196,6312.2m $454.5m $454.5m 0.03% Added +766.7k +766,663
5 LPL Financial LLC 0.16% of their portfolio FORT MILL, SC 1,954,6372.0m $404.5m $404.5m 0.16% Added +1.3m +1,334,851
6 ASSETMARK, INC 0.98% of their portfolio CONCORD, CA 1,750,9051.8m $362.3m $362.3m 0.98% Added +57.9k +57,922
7 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 1,528,6011.5m $316.3m $316.3m 0.03% Added +308.1k +308,078
8 BlackRock, Inc. 0.01% of their portfolio New York, NY 1,323,8911.3m $273.9m $273.9m 0.01% Added +495.0k +494,991
9 STATE OF MICHIGAN RETIREMENT SYSTEM 1.39% of their portfolio EAST LANSING, MI 1,290,8901.3m $267.1m $267.1m 1.39% Reduced -17.6k -17,600
10 Blue Trust, Inc. 3.25% of their portfolio BRENTWOOD, TN 1,225,3081.2m $253.5m $253.5m 3.25% Added +81.9k +81,918
11 GOLDMAN SACHS GROUP INC 0.05% of their portfolio NEW YORK, NY 1,136,8481.1m $235.2m $235.2m 0.05% Added +918.5k +918,518
12 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 1,128,1041.1m $233.4m $233.4m 0.02% Added +387.9k +387,944
13 Cerity Partners LLC 0.48% of their portfolio NEW YORK, NY 1,071,1981.1m $221.7m $221.7m 0.48% Reduced -2.7k -2,709
14 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 5.61% of their portfolio Seattle, WA 995,986996.0k $206.1m $206.1m 5.61% Added +35.5k +35,468
15 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.37% of their portfolio PLYMOUTH, MN 943,286943.3k $195.2m $195.2m 0.37% Reduced -24.6k -24,580
16 CWM, LLC 0.80% of their portfolio OMAHA, NE 935,132935.1k $193.5m $193.5m 0.80% Added +443.5k +443,477
17 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 873,421873.4k $180.6m $180.6m 0.05% Added +263.3k +263,308
18 CITIGROUP INC 0.15% of their portfolio NEW YORK, NY 751,348751.3k $155.5m $155.5m 0.15% Added +498.3k +498,312
19 UBS Group AG 0.03% of their portfolio ZURICH, V8 696,266696.3k $144.1m $144.1m 0.03% Added +93.8k +93,825
20 Envestnet Portfolio Solutions, Inc. 0.47% of their portfolio BERWYN, PA 689,435689.4k $142.7m $142.7m 0.47% Added +676.4k +676,419
21 Corient Private Wealth LP 0.23% of their portfolio MIAMI, FL 683,553683.6k $141.4m $141.4m 0.23% Added +17.5k +17,512
22 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 669,693669.7k $138.6m $138.6m 0.03% Added +95.1k +95,113
23 FMR LLC 0.01% of their portfolio BOSTON, MA 644,618644.6k $133.4m $133.4m 0.01% Reduced -29.7k -29,749
24 Savant Capital, LLC 1.04% of their portfolio ROCKFORD, IL 637,420637.4k $131.9m $131.9m 1.04% Reduced -91.4k -91,433
25 PARK AVENUE SECURITIES LLC 1.08% of their portfolio NEW YORK, NY 507,294507.3k $105.0m $105.0m 1.08% Added +463.4k +463,387
26 PNC Financial Services Group, Inc. 0.07% of their portfolio Pittsburgh, PA 497,211497.2k $102.9m $102.9m 0.07% Reduced -12.2k -12,210
27 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 476,204476.2k $98.5m $98.5m 0.02% Added +150.9k +150,914
28 Janney Montgomery Scott LLC 0.24% of their portfolio PHILADELPHIA, PA 425,097425.1k $88.0m $88.0m 0.24% Added +248.6k +248,600
29 MML INVESTORS SERVICES, LLC 0.28% of their portfolio SPRINGFIELD, MA 389,528389.5k $80.6m $80.6m 0.28% Added +338.6k +338,577
30 Cetera Investment Advisers 0.16% of their portfolio SCHAUMBURG, IL 375,548375.5k $77.7m $77.7m 0.16% Added +222.2k +222,177
31 Arizona PSPRS Trust 2.38% of their portfolio PHOENIX, AZ 357,568357.6k $74.0m $74.0m 2.38% Reduced -5.0k -5,045
32 COMMONWEALTH EQUITY SERVICES, LLC 0.10% of their portfolio WALTHAM, MA 333,799333.8k $69.1m $69.1m 0.10% Added +127.8k +127,772
33 BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio PARIS, I0 317,125317.1k $65.6m $65.6m 0.05% Added +310.8k +310,782
34 Summit Rock Advisors, LP 22.17% of their portfolio New York, NY 315,070315.1k $65.4m $65.4m 22.17% New
35 OneDigital Investment Advisors LLC 0.72% of their portfolio OVERLAND PARK, KS 299,424299.4k $62.0m $62.0m 0.72% Added +174.3k +174,257
36 Foster Group, Inc. 2.35% of their portfolio WEST DES MOINES, IA 298,007298.0k $61.7m $61.7m 2.35% Added +15.0k +15,032
37 High Probability Advisors, LLC 10.65% of their portfolio Pittsford, NY 287,162287.2k $59.4m $59.4m 10.65% Added +9.7k +9,675
38 Trilogy Capital Inc. 3.01% of their portfolio IRVINE, CA 283,174283.2k $58.6m $58.6m 3.01% Reduced -6.1k -6,140
39 OSAIC HOLDINGS, INC. 0.11% of their portfolio SCOTTSDALE, AZ 276,343276.3k $49.0m $49.0m 0.11% Added +86.8k +86,779
40 AdvisorShares Investments LLC 10.91% of their portfolio BETHESDA, MD 273,352273.4k $56.6m $56.6m 10.91% New
41 Apella Capital, LLC 2.12% of their portfolio WEST HARTFORD, CT 266,979267.0k $55.2m $55.2m 2.12% Reduced -58.1k -58,105
42 SAGESPRING WEALTH PARTNERS, LLC 1.35% of their portfolio FRANKLIN, TN 246,734246.7k $51.1m $51.1m 1.35% First filing
43 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 236,763236.8k $49.0m $49.0m 0.04% Added +86.6k +86,619
44 Dynasty Wealth Management, LLC 0.83% of their portfolio ST. PETERSBURG, FL 232,135232.1k $48.0m $48.0m 0.83% Added +136.9k +136,871
45 Foundations Investment Advisors, LLC 0.90% of their portfolio PHOENIX, AZ 225,033225.0k $46.6m $46.6m 0.90% Added +159.9k +159,916
46 Provida Pension Fund Administrator 0.93% of their portfolio LAS CONDES, SANTIAGO, F3 221,425221.4k $45.8m $45.8m 0.93% Not comparable
47 Strategic Financial Services, Inc. 2.73% of their portfolio UTICA, NY 221,205221.2k $45.8m $45.8m 2.73% Added +3.8k +3,755
48 Ameritas Advisory Services, LLC 1.54% of their portfolio Lincoln, NE 216,000216.0k $44.7m $44.7m 1.54% Added +30.3k +30,258
49 KEYBANK NATIONAL ASSOCIATION/OH 0.17% of their portfolio BROOKLYN, OH 211,578211.6k $43.8m $43.8m 0.17% Reduced -5.8k -5,790
50 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 203,357203.4k $42.1m $42.1m 0.01% Added +6.0k +5,963
51 Armbruster Capital Management, Inc. 8.46% of their portfolio PITTSFORD, NY 201,344201.3k $41.7m $41.7m 8.46% Added +1.3k +1,253
52 Symmetry Partners, LLC 5.86% of their portfolio GLASTONBURY, CT 199,250199.2k $41.2m $41.2m 5.86% Added +77.7k +77,659
53 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 190,605190.6k $39.4m $39.4m 0.04% Added +141.6k +141,593
54 NewEdge Advisors, LLC 0.23% of their portfolio NEW ORLEANS, LA 181,940181.9k $37.6m $37.6m 0.23% Added +163.4k +163,437
55 Kathmere Capital Management, LLC 3.37% of their portfolio WAYNE, PA 181,530181.5k $37.6m $37.6m 3.37% Reduced -1.8k -1,806
56 Stonehearth Capital Management, LLC 14.66% of their portfolio DANVERS, MA 176,672176.7k $36.6m $36.6m 14.66% Reduced -1.8k -1,822
57 LIFE LINE WEALTH MANAGEMENT LLC 12.93% of their portfolio Beverly Hills, CA 175,177175.2k $36.2m $36.2m 12.93% New
58 Sequoia Financial Advisors, LLC 0.33% of their portfolio Akron, OH 166,267166.3k $34.4m $34.4m 0.33% New
59 JB Capital LLC 1.85% of their portfolio WETHERSFIELD, CT 159,464159.5k $33.0m $33.0m 1.85% New
60 Sanctuary Advisors, LLC 0.22% of their portfolio INDIANAPOLIS, IN 154,926154.9k $34.1m $34.1m 0.22% Reduced -3.1k -3,055
61 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 1.56% of their portfolio ROCHESTER, NY 138,408138.4k $28.6m $28.6m 1.56% Added +1.5k +1,536
62 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.24% of their portfolio IRVING, TX 136,492136.5k $28.2m $28.2m 0.24% Added +131.5k +131,515
63 1900 WEALTH MANAGEMENT LLC 2.34% of their portfolio SAN ANTONIO, TX 134,724134.7k $27.9m $27.9m 2.34% Reduced -3.4k -3,444
64 Invst, LLC 3.36% of their portfolio INDIANAPOLIS, IN 133,414133.4k $27.6m $27.6m 3.36% Added +24.4k +24,414
65 Cambridge Investment Research Advisors, Inc. 0.09% of their portfolio FAIRFIELD, IA 131,258131.3k $27.2m $27.2m 0.09% Added +44.6k +44,571
66 Acropolis Investment Management, LLC 1.53% of their portfolio ST. LOUIS, MO 125,371125.4k $25.9m $25.9m 1.53% Added +1.6k +1,588
67 CFO4Life Group, LLC 4.49% of their portfolio COPPELL, TX 123,597123.6k $25.6m $25.6m 4.49% Added +1.4k +1,426
68 New York Life Investment Management LLC 0.24% of their portfolio New York, NY 116,839116.8k $24.2m $24.2m 0.24% Reduced -6.7k -6,711
69 Integrated Wealth Concepts LLC 0.28% of their portfolio WALTHAM, MA 115,322115.3k $23.9m $23.9m 0.28% Reduced -68.1k -68,139
70 CAPTRUST FINANCIAL ADVISORS 0.06% of their portfolio RALEIGH, NC 103,822103.8k $21.5m $21.5m 0.06% Reduced -4.4k -4,393
71 Sanchez Wealth Management Group 5.62% of their portfolio JACKSONVILLE, FL 99,44899.4k $20.6m $20.6m 5.62% Added +10.0k +9,994
72 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 99,26999.3k $20.5m $20.5m 0.01% Added +44.0k +43,991
73 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 99,07499.1k $20.5m $20.5m 0.03% Added +72.7k +72,739
74 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 98,30098.3k $20.3m $20.3m 0.04% Added +19.4k +19,402
75 OPPENHEIMER & CO INC 0.30% of their portfolio NEW YORK, NY 98,09398.1k $20.3m $20.3m 0.30% Reduced -5.4k -5,417
76 Sensible Financial Planning & Management, LLC. 4.19% of their portfolio WALTHAM, MA 97,81397.8k $20.2m $20.2m 4.19% Reduced -3.5k -3,483
77 Bell Investment Advisors, Inc 3.74% of their portfolio ORINDA, CA 96,84696.8k $20.0m $20.0m 3.74% Reduced -3.1k -3,090
78 Mariner, LLC 0.03% of their portfolio Overland Park, KS 94,39394.4k $19.5m $19.5m 0.03% Added +21.1k +21,099
79 Atria Wealth Solutions, Inc. 0.21% of their portfolio NEW YORK, NY 94,14294.1k $19.5m $19.5m 0.21% Added +62.8k +62,812
80 Kestra Investment Management, LLC 0.73% of their portfolio AUSTIN, TX 89,42689.4k $18.5m $18.5m 0.73% New
81 Glenview Trust Co 0.34% of their portfolio Louisville, KY 88,74088.7k $18.4m $18.4m 0.34% Reduced -2.3k -2,300
82 AE Wealth Management LLC 0.16% of their portfolio TOPEKA, KS 88,57488.6k $18.3m $18.3m 0.16% Added +51.7k +51,725
83 Atria Investments, Inc 0.23% of their portfolio Charlotte, NC 88,09988.1k $18.2m $18.2m 0.23% Added +50.1k +50,077
84 JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio DES PERES, MO 87,53687.5k $18.1m $18.1m 0.02% Added +42.5k +42,526
85 Yeomans Consulting Group, Inc. 6.74% of their portfolio Marietta, GA 87,01787.0k $18.0m $18.0m 6.74% Added +5.2k +5,189
86 Meredith Wealth Planning 7.85% of their portfolio MARYVILLE, IL 85,06385.1k $17.6m $17.6m 7.85% Reduced -150 -150
87 Journey Advisory Group, LLC 1.97% of their portfolio COVINGTON, KY 84,20884.2k $16.4m $16.4m 1.97% Unchanged
88 Kestra Advisory Services, LLC 0.09% of their portfolio AUSTIN, TX 81,91381.9k $16.9m $16.9m 0.09% Added +44.4k +44,409
89 PRUDENT INVESTORS NETWORK, INC. 4.96% of their portfolio LAKE FOREST, CA 81,86681.9k $16.9m $16.9m 4.96% Added +3.9k +3,885
90 Trinity Wealth Management, LLC 7.55% of their portfolio BERWYN, PA 80,66880.7k $16.7m $16.7m 7.55% Reduced -80 -80
91 OXFORD FINANCIAL GROUP, LTD. LLC 1.08% of their portfolio INDIANAPOLIS, IN 80,38380.4k $16.6m $16.6m 1.08% Reduced -2.8k -2,805
92 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 76,04376.0k $15.7m $15.7m 0.02% Added +46.6k +46,640
93 Advisory Services Network, LLC 0.29% of their portfolio ATLANTA, GA 75,64275.6k $15.7m $15.7m 0.29% Added +7.1k +7,088
94 Advocacy Wealth Management, LLC 1.15% of their portfolio ATLANTA, GA 73,14273.1k $15.1m $15.1m 1.15% New
95 STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio MADISON, WI 72,14072.1k $14.9m $14.9m 0.04% Added +33.0k +33,049
96 Private Advisor Group, LLC 0.08% of their portfolio MORRISTOWN, NJ 71,84271.8k $14.9m $14.9m 0.08% Added +8.7k +8,721
97 CPC Advisors, LLC 1.97% of their portfolio Atlanta, GA 70,05170.1k $14.5m $14.5m 1.97% Added +1.7k +1,697
98 Summit Wealth Group, LLC 3.99% of their portfolio WHITE RIVER JUNCTION, VT 66,57966.6k $13.8m $13.8m 3.99% Added +2.9k +2,864
99 Convergence Financial, LLC 2.72% of their portfolio COLUMBIA, MO 65,90665.9k $13.6m $13.6m 2.72% Added +2.6k +2,556
100 M&T Bank Corp 0.05% of their portfolio BUFFALO, NY 65,62265.6k $13.6m $13.6m 0.05% Reduced -1.2k -1,248