Vault-13

ISHARES TR MTUM

MSCI USA MMENTM · ETP · CUSIP 46432F396

1,063 institutional holders +9 vs Q4 2025
73,163,04773.2m shares reported held*
$17.6bnreported value*
92 new 424 added 350 reduced 77 sold out net bought ≈ $42.4m (-998.2k 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 ($38.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $240.18. Options: 5 managers hold calls ($24.6m notional), 13 hold puts ($327.3m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 613Q4 22: 766Q1 23: 705Q2 23: 649Q3 23: 621Q4 23: 641Q1 24: 682Q2 24: 696Q3 24: 703Q4 24: 873Q1 25: 887Q2 25: 962Q3 25: 988Q4 25: 1,054Q1 26: 1,0631,063Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022613
Q4 2022766
Q1 2023705
Q2 2023649
Q3 2023621
Q4 2023641
Q1 2024682
Q2 2024696
Q3 2024703
Q4 2024873
Q1 2025887
Q2 2025962
Q3 2025988
Q4 20251,054
Q1 20261,063

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 24: 268 bought or addedQ2 24: 365 cut or sold outQ3 24: 255 bought or addedQ3 24: 353 cut or sold outQ3 24Q4 24: 468 bought or addedQ4 24: 230 cut or sold outQ1 25: 434 bought or addedQ1 25: 351 cut or sold outQ1 25Q2 25: 472 bought or addedQ2 25: 382 cut or sold outQ3 25: 505 bought or addedQ3 25: 379 cut or sold outQ3 25Q4 25: 569 bought or addedQ4 25: 339 cut or sold outQ1 26: 516 bought or addedQ1 26: 427 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024268365
Q3 2024255353
Q4 2024468230
Q1 2025434351
Q2 2025472382
Q3 2025505379
Q4 2025569339
Q1 2026516427

Calls vs puts

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

CallsPuts
$0$200m$400m$600mQ2 25 calls: $54.8mQ2 25 puts: $269.6mQ2 25P/C 4.92Q3 25 calls: $116.9mQ3 25 puts: $456.4mQ3 25P/C 3.90Q4 25 calls: $28.4mQ4 25 puts: $100.0mQ4 25P/C 3.52Q1 26 calls: $24.6mQ1 26 puts: $327.3mQ1 26P/C 13.33
Numbers
QuarterCallsPutsP/C
Q2 2025$54.8m$269.6m4.92
Q3 2025$116.9m$456.4m3.90
Q4 2025$28.4m$100.0m3.52
Q1 2026$24.6m$327.3m13.33

Biggest buyers

FMR LLC Added +726,192+726.2k
ENVESTNET ASSET MANAGEMENT INC Added +587,961+588.0k
MERCER GLOBAL ADVISORS INC /ADV Added +563,984+564.0k
MORGAN STANLEY Added +227,399+227.4k
CAPTRUST FINANCIAL ADVISORS Added +133,085+133.1k
TWO SIGMA INVESTMENTS, LP New +125,199+125.2k
LPL Financial LLC Added +74,513+74.5k
Prime Capital Investment Advisors, LLC Added +68,817+68.8k
HighTower Advisors, LLC Added +66,433+66.4k
RAYMOND JAMES FINANCIAL INC Added +65,090+65.1k

Biggest sellers

Corient Private Wealth LP Reduced -1,966,518-2.0m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -367,248-367.2k
ASSETMARK, INC Reduced -328,158-328.2k
AdvisorShares Investments LLC Sold out -299,146-299.1k
BNP PARIBAS FINANCIAL MARKETS Reduced -293,747-293.7k
CITIGROUP INC Reduced -250,306-250.3k
Kestra Investment Management, LLC Sold out -139,788-139.8k
BANK OF AMERICA CORP /DE/ Reduced -89,180-89.2k
Provida Pension Fund Administrator Reduced -81,490-81.5k
US BANCORP \DE\ Reduced -76,685-76.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $10.9m45.6k shares
JANE STREET GROUP, LLC Added $6.1m25.4k shares
CITADEL ADVISORS LLC Reduced $4.6m19.1k shares
Point72 Asset Management, L.P. Added $1.7m7.2k shares
Walleye Trading LLC New $1.2m5.0k shares

Biggest puts

PICTON MAHONEY ASSET MANAGEMENT New $124.8m520.0k shares
CITADEL ADVISORS LLC Added $101.4m422.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $62.5m260.3k shares
KINGDON CAPITAL MANAGEMENT, L.L.C. New $15.6m65.0k shares
OnyxPoint Global Management LP New $7.1m29.4k shares
JANE STREET GROUP, LLC Reduced $6.0m25.1k shares
IMC-Chicago, LLC Added $5.7m23.6k shares
Point72 Asset Management, L.P. Added $1.9m7.8k shares
Walleye Trading LLC Added $1.2m5.2k shares
UBS Group AG New $816.0k3.4k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.54% of their portfolio Berwyn, PA 8,471,2688.5m $2.0bn $2.0bn 0.54% Added +588.0k +587,961
2 MERCER GLOBAL ADVISORS INC /ADV 2.98% of their portfolio DENVER, CO 8,388,8748.4m $2.0bn $2.0bn 2.98% Added +564.0k +563,984
3 FMR LLC 0.07% of their portfolio BOSTON, MA 5,483,4645.5m $1.3bn $1.3bn 0.07% Added +726.2k +726,192
4 LPL Financial LLC 0.21% of their portfolio FORT MILL, SC 3,366,3703.4m $807.9m $807.9m 0.21% Added +74.5k +74,513
5 RAYMOND JAMES FINANCIAL INC 0.24% of their portfolio ST. PETERSBURG, FL 3,281,0643.3m $787.4m $787.4m 0.24% Added +65.1k +65,090
6 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 3,082,0193.1m $739.7m $739.7m 0.04% Added +227.4k +227,399
7 BlackRock, Inc. 0.01% of their portfolio New York, NY 1,623,5701.6m $389.6m $389.6m 0.01% Added +27.1k +27,128
8 AMERIPRISE FINANCIAL INC 0.08% of their portfolio MINNEAPOLIS, MN 1,367,5761.4m $328.2m $328.2m 0.08% Reduced -7.8k -7,841
9 STATE OF MICHIGAN RETIREMENT SYSTEM 1.70% of their portfolio EAST LANSING, MI 1,340,0901.3m $321.6m $321.6m 1.70% Added +52.8k +52,800
10 Blue Trust, Inc. 3.50% of their portfolio BRENTWOOD, TN 1,274,9631.3m $306.0m $306.0m 3.50% Added +32.6k +32,573
11 Cerity Partners LLC 0.40% of their portfolio NEW YORK, NY 1,183,0781.2m $283.9m $283.9m 0.40% Added +26.7k +26,724
12 ASSETMARK, INC 0.57% of their portfolio CONCORD, CA 1,174,2511.2m $281.8m $281.8m 0.57% Reduced -328.2k -328,158
13 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 1,169,6371.2m $280.7m $280.7m 0.02% Reduced -89.2k -89,180
14 CWM, LLC 0.72% of their portfolio OMAHA, NE 1,149,0671.1m $275.8m $275.8m 0.72% Added +7.6k +7,642
15 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 1,144,1101.1m $264.0m $264.0m 0.02% Reduced -7.0k -6,974
16 Corient Private Wealth LP 0.33% of their portfolio MIAMI, FL 974,018974.0k $233.6m $233.6m 0.33% Reduced -2.0m -1,966,518
17 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 4.01% of their portfolio Seattle, WA 960,399960.4k $230.5m $230.5m 4.01% Reduced -13.8k -13,778
18 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 845,066845.1k $202.8m $202.8m 0.04% Added +399 +399
19 PARK AVENUE SECURITIES LLC 1.35% of their portfolio NEW YORK, NY 722,484722.5k $173.4m $173.4m 1.35% Added +11.5k +11,461
20 UBS Group AG 0.03% of their portfolio ZURICH, V8 707,960708.0k $169.9m $169.9m 0.03% Reduced -65.6k -65,593
21 Envestnet Portfolio Solutions, Inc. 0.94% of their portfolio BERWYN, PA 706,374706.4k $169.5m $169.5m 0.94% Reduced -14.7k -14,668
22 Orgel Wealth Management, LLC 3.54% of their portfolio ALTOONA, WI 683,699683.7k $164.1m $164.1m 3.54% Added +7.2k +7,238
23 MML INVESTORS SERVICES, LLC 0.42% of their portfolio SPRINGFIELD, MA 626,007626.0k $150.2m $150.2m 0.42% Reduced -68.4k -68,442
24 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.33% of their portfolio PLYMOUTH, MN 614,259614.3k $151.0m $151.0m 0.33% Reduced -367.2k -367,248
25 Cetera Investment Advisers 0.16% of their portfolio SCHAUMBURG, IL 611,551611.6k $146.8m $146.8m 0.16% Added +4.3k +4,261
26 Janney Montgomery Scott LLC 0.36% of their portfolio PHILADELPHIA, PA 601,408601.4k $144.3m $144.3m 0.36% Added +28.9k +28,887
27 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 507,713507.7k $121.8m $121.8m 0.02% Added +26.9k +26,884
28 PNC Financial Services Group, Inc. 0.07% of their portfolio Pittsburgh, PA 481,997482.0k $115.7m $115.7m 0.07% Reduced -21.6k -21,562
29 Foundations Investment Advisors, LLC 1.31% of their portfolio PHOENIX, AZ 440,369440.4k $105.7m $105.7m 1.31% Added +40.0k +39,967
30 Symmetry Partners, LLC 5.97% of their portfolio GLASTONBURY, CT 435,693435.7k $104.6m $104.6m 5.97% Added +19.1k +19,127
31 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 424,939424.9k $102.0m $102.0m 0.02% Added +40.7k +40,666
32 OneDigital Investment Advisors LLC 0.99% of their portfolio OVERLAND PARK, KS 422,147422.1k $101.3m $101.3m 0.99% Added +19.2k +19,152
33 Savant Capital, LLC 0.47% of their portfolio ROCKFORD, IL 401,793401.8k $96.4m $96.4m 0.47% Reduced -25.3k -25,259
34 NewEdge Advisors, LLC 0.35% of their portfolio NEW ORLEANS, LA 398,773398.8k $95.7m $95.7m 0.35% Added +22.7k +22,679
35 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 384,032384.0k $92.2m $92.2m 0.06% Added +19.8k +19,811
36 Arizona PSPRS Trust 3.19% of their portfolio PHOENIX, AZ 361,375361.4k $86.7m $86.7m 3.19% Added +324 +324
37 CAPTRUST FINANCIAL ADVISORS 0.15% of their portfolio RALEIGH, NC 358,564358.6k $86.0m $86.0m 0.15% Added +133.1k +133,085
38 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 357,531357.5k $85.8m $85.8m 0.01% Reduced -12.3k -12,305
39 Merit Financial Group, LLC 0.62% of their portfolio ALPHARETTA, GA 345,340345.3k $82.9m $82.9m 0.62% Added +41.7k +41,706
40 COMMONWEALTH EQUITY SERVICES, LLC 0.11% of their portfolio WALTHAM, MA 341,254341.3k $81.9m $81.9m 0.11% Reduced -65.4k -65,438
41 STIFEL FINANCIAL CORP 0.07% of their portfolio ST. LOUIS, MO 332,532332.5k $79.8m $79.8m 0.07% Added +17.3k +17,297
42 OSAIC HOLDINGS, INC. 0.11% of their portfolio SCOTTSDALE, AZ 324,536324.5k $78.0m $78.0m 0.11% Reduced -17.3k -17,340
43 Foster Group, Inc. 2.27% of their portfolio WEST DES MOINES, IA 317,760317.8k $76.3m $76.3m 2.27% Added +9.4k +9,425
44 High Probability Advisors, LLC 9.65% of their portfolio Pittsford, NY 314,322314.3k $75.4m $75.4m 9.65% Reduced -7.4k -7,442
45 JB Capital LLC 2.77% of their portfolio WETHERSFIELD, CT 285,999286.0k $68.6m $68.6m 2.77% Added +9.1k +9,075
46 CITIGROUP INC 0.04% of their portfolio NEW YORK, NY 252,646252.6k $60.6m $60.6m 0.04% Reduced -250.3k -250,306
47 Sanctuary Advisors, LLC 0.32% of their portfolio INDIANAPOLIS, IN 242,941242.9k $58.3m $58.3m 0.32% Added +9.1k +9,100
48 Strategic Financial Services, Inc. 2.58% of their portfolio UTICA, NY 225,567225.6k $54.1m $54.1m 2.58% Added +3.1k +3,056
49 Cambridge Investment Research Advisors, Inc. 0.14% of their portfolio FAIRFIELD, IA 225,408225.4k $54.1m $54.1m 0.14% Added +18.6k +18,595
50 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.32% of their portfolio IRVING, TX 214,260214.3k $51.5m $51.5m 0.32% Added +2.1k +2,055
51 Armbruster Capital Management, Inc. 8.36% of their portfolio PITTSFORD, NY 212,578212.6k $51.0m $51.0m 8.36% Added +456 +456
52 JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio DES PERES, MO 203,336203.3k $47.9m $47.9m 0.02% Added +25.4k +25,382
53 Advocacy Wealth Management, LLC 2.14% of their portfolio ATLANTA, GA 201,441201.4k $48.3m $48.3m 2.14% Added +12.6k +12,572
54 KEYBANK NATIONAL ASSOCIATION/OH 0.16% of their portfolio BROOKLYN, OH 185,846185.8k $44.6m $44.6m 0.16% Reduced -7.2k -7,157
55 Kathmere Capital Management, LLC 2.69% of their portfolio WAYNE, PA 180,808180.8k $43.4m $43.4m 2.69% Added +4.9k +4,911
56 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 164,221164.2k $39.4m $39.4m 0.05% Added +4.6k +4,623
57 Integrated Wealth Concepts LLC 0.31% of their portfolio WALTHAM, MA 161,287161.3k $38.7m $38.7m 0.31% Added +38.8k +38,759
58 Rockefeller Capital Management L.P. 0.07% of their portfolio NEW YORK, NY 157,268157.3k $37.7m $37.7m 0.07% Added +2.2k +2,208
59 Sanchez Wealth Management Group 8.07% of their portfolio JACKSONVILLE, FL 155,489155.5k $37.3m $37.3m 8.07% Added +3.9k +3,936
60 Lido Advisors, LLC 0.15% of their portfolio Los Angeles, CA 155,224155.2k $37.3m $37.3m 0.15% Added +2.2k +2,157
61 New York Life Investment Management LLC 0.32% of their portfolio New York, NY 155,163155.2k $37.2m $37.2m 0.32% Reduced -11.5k -11,529
62 Atria Investments, Inc 0.39% of their portfolio Charlotte, NC 146,280146.3k $35.1m $35.1m 0.39% Added +11.5k +11,527
63 Acropolis Investment Management, LLC 1.51% of their portfolio ST. LOUIS, MO 141,946141.9k $34.1m $34.1m 1.51% Added +2.6k +2,609
64 Mullooly Asset Management, Inc. 12.19% of their portfolio WALL TOWNSHIP, NJ 137,593137.6k $33.0m $33.0m 12.19% Reduced -2.8k -2,831
65 1900 WEALTH MANAGEMENT LLC 2.05% of their portfolio SAN ANTONIO, TX 132,730132.7k $31.9m $31.9m 2.05% Reduced -1.1k -1,109
66 Beacon Pointe Advisors, LLC 0.17% of their portfolio NEWPORT BEACH, CA 132,677132.7k $31.8m $31.8m 0.17% Added +11.7k +11,692
67 Ameritas Advisory Services, LLC 1.18% of their portfolio Lincoln, NE 127,082127.1k $30.5m $30.5m 1.18% Reduced -6.6k -6,606
68 AE Wealth Management LLC 0.16% of their portfolio TOPEKA, KS 125,877125.9k $30.2m $30.2m 0.16% Reduced -4.3k -4,263
69 Apella Capital, LLC 0.51% of their portfolio WEST HARTFORD, CT 125,583125.6k $34.5m $34.5m 0.51% Reduced -7.4k -7,354
70 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 125,199125.2k $30.0m $30.0m 0.02% New
71 Stonehearth Capital Management, LLC 11.79% of their portfolio DANVERS, MA 124,002124.0k $29.8m $29.8m 11.79% Reduced -2.7k -2,672
72 Savvy Advisors, Inc. 0.75% of their portfolio NEW YORK, NY 115,983116.0k $27.8m $27.8m 0.75% Added +16.7k +16,746
73 M&T Bank Corp 0.09% of their portfolio BUFFALO, NY 113,868113.9k $27.3m $27.3m 0.09% Reduced -1.8k -1,793
74 OPPENHEIMER & CO INC 0.32% of their portfolio NEW YORK, NY 110,260110.3k $26.5m $26.5m 0.32% Added +5.2k +5,163
75 Kestra Advisory Services, LLC 0.10% of their portfolio AUSTIN, TX 104,787104.8k $25.1m $25.1m 0.10% Reduced -1.1k -1,062
76 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 1.42% of their portfolio Westlake, OH 103,782103.8k $24.9m $24.9m 1.42% Added +6.1k +6,094
77 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 102,208102.2k $24.5m $24.5m 0.03% Added +66.4k +66,433
78 Thrivent Financial for Lutherans 0.05% of their portfolio Minneapolis, MN 100,243100.2k $23.8m $23.8m 0.05% Added +3.2k +3,230
79 Sequoia Financial Advisors, LLC 0.13% of their portfolio Akron, OH 97,29597.3k $23.3m $23.3m 0.13% Reduced -1.5k -1,547
80 Mariner, LLC 0.03% of their portfolio Overland Park, KS 96,83496.8k $23.2m $23.2m 0.03% Reduced -5.6k -5,553
81 Prime Capital Investment Advisors, LLC 0.26% of their portfolio OVERLAND PARK, KS 94,00094.0k $22.6m $22.6m 0.26% Added +68.8k +68,817
82 Convergence Financial, LLC 2.27% of their portfolio COLUMBIA, MO 88,34588.3k $21.4m $21.4m 2.27% Added +4.5k +4,507
83 Bell Investment Advisors, Inc 3.31% of their portfolio ORINDA, CA 88,19688.2k $21.2m $21.2m 3.31% Reduced -4.1k -4,103
84 Icon Wealth Advisors, LLC 1.55% of their portfolio HOUSTON, TX 86,03686.0k $23.9m $23.9m 1.55% Added +9.3k +9,312
85 Baird Financial Group, Inc. 0.03% of their portfolio MILWAUKEE, WI 84,68784.7k $20.3m $20.3m 0.03% Reduced -14.1k -14,141
86 JOURNEY STRATEGIC WEALTH LLC 0.49% of their portfolio SUMMIT, NJ 81,99782.0k $19.7m $19.7m 0.49% Added +1.3k +1,347
87 Private Advisor Group, LLC 0.09% of their portfolio MORRISTOWN, NJ 77,85777.9k $18.7m $18.7m 0.09% Reduced -473 -473
88 SteelPeak Wealth, LLC 0.58% of their portfolio WOODLAND HILLS, CA 77,48477.5k $18.6m $18.6m 0.58% Reduced -3.1k -3,095
89 MGO ONE SEVEN LLC 0.37% of their portfolio Beachwood, OH 76,06476.1k $18.3m $18.3m 0.37% Added +9.1k +9,060
90 OPPENHEIMER ASSET MANAGEMENT INC. 0.21% of their portfolio NEW YORK, NY 75,99376.0k $18.2m $18.2m 0.21% Added +314 +314
91 Straight Path Wealth Management 4.87% of their portfolio Jenison, MI 75,91275.9k $18.2m $18.2m 4.87% Added +3.7k +3,717
92 Glenview Trust Co 0.28% of their portfolio Louisville, KY 74,22474.2k $17.8m $17.8m 0.28% Reduced -524 -524
93 Trinity Wealth Management, LLC 6.19% of their portfolio BERWYN, PA 70,20870.2k $16.8m $16.8m 6.19% Reduced -141 -141
94 PRUDENT INVESTORS NETWORK, INC. 3.61% of their portfolio LAKE FOREST, CA 69,14169.1k $16.6m $16.6m 3.61% Reduced -171 -171
95 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 67,72267.7k $16.3m $16.3m 0.01% Added +2.7k +2,710
96 Scarborough Advisors, LLC 1.76% of their portfolio ANNAPOLIS, MD 66,96267.0k $16.1m $16.1m 1.76% Reduced -7.4k -7,360
97 SAGESPRING WEALTH PARTNERS, LLC 0.29% of their portfolio FRANKLIN, TN 66,17266.2k $15.9m $15.9m 0.29% Reduced -2.6k -2,645
98 Sharkey, Howes & Javer 2.13% of their portfolio DENVER, CO 65,95566.0k $15.8m $15.8m 2.13% Added +3.5k +3,489
99 OXFORD FINANCIAL GROUP, LTD. LLC 0.85% of their portfolio INDIANAPOLIS, IN 65,89065.9k $15.8m $15.8m 0.85% Reduced -3.5k -3,476
100 Steward Partners Investment Advisory, LLC 0.08% of their portfolio STAMFORD, CT 63,96964.0k $15.4m $15.4m 0.08% Reduced -3.7k -3,662