Vault-13

ISHARES TR MTUM

MSCI USA MMENTM · ETP · CUSIP 46432F396

1,209 institutional holders +146 vs Q1 2026
72,304,82372.3m shares reported held*
$24.7bnreported value*
210 new 365 added 440 reduced 65 sold out net bought ≈ $136.8m (+457.1k 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 ($60.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $342.21. Options: 12 managers hold calls ($337.2m notional), 28 hold puts ($2.1bn).

Trends to Q2 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: 1,063Q2 26: 1,2091,209Q3 22Q3 23Q3 24Q3 25Q2 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
Q2 20261,209

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ3 24: 255 bought or addedQ3 24: 353 cut or sold outQ4 24: 468 bought or addedQ4 24: 230 cut or sold outQ4 24Q1 25: 434 bought or addedQ1 25: 351 cut or sold outQ2 25: 472 bought or addedQ2 25: 382 cut or sold outQ2 25Q3 25: 505 bought or addedQ3 25: 379 cut or sold outQ4 25: 569 bought or addedQ4 25: 339 cut or sold outQ4 25Q1 26: 516 bought or addedQ1 26: 427 cut or sold outQ2 26: 575 bought or addedQ2 26: 505 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024255353
Q4 2024468230
Q1 2025434351
Q2 2025472382
Q3 2025505379
Q4 2025569339
Q1 2026516427
Q2 2026575505

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bnQ3 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 13.33Q2 26 calls: $337.2mQ2 26 puts: $2.1bnQ2 26P/C 6.26
Numbers
QuarterCallsPutsP/C
Q3 2025$116.9m$456.4m3.90
Q4 2025$28.4m$100.0m3.52
Q1 2026$24.6m$327.3m13.33
Q2 2026$337.2m$2.1bn6.26

Biggest buyers

Clearbridge Investments, LLC New +483,302+483.3k
CITIGROUP INC Added +385,221+385.2k
Balentine LLC New +380,266+380.3k
WELLS FARGO & COMPANY/MN Added +241,083+241.1k
FMR LLC Added +222,475+222.5k
MML INVESTORS SERVICES, LLC Added +204,198+204.2k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND New +200,000+200.0k
AdvisorShares Investments LLC New +194,494+194.5k
Cambridge Investment Research Advisors, Inc. Added +193,683+193.7k
BANK OF AMERICA CORP /DE/ Added +149,774+149.8k

Biggest sellers

Corient Private Wealth LP Reduced -627,890-627.9k
ENVESTNET ASSET MANAGEMENT INC Reduced -571,816-571.8k
MORGAN STANLEY Reduced -373,237-373.2k
BlackRock, Inc. Reduced -371,238-371.2k
MERCER GLOBAL ADVISORS INC /ADV Reduced -271,464-271.5k
Envestnet Portfolio Solutions, Inc. Reduced -157,762-157.8k
JPMORGAN CHASE & CO Reduced -140,150-140.2k
TWO SIGMA INVESTMENTS, LP Sold out -125,199-125.2k
Janney Montgomery Scott LLC Reduced -101,711-101.7k
OneDigital Investment Advisors LLC Reduced -93,956-94.0k

Biggest calls

Oribel Capital Management, LP New $98.2m286.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $84.9m247.5k shares
CITADEL ADVISORS LLC Added $63.8m186.0k shares
UBS Group AG New $40.2m117.2k shares
JANE STREET GROUP, LLC Added $32.2m94.0k shares
BOOTHBAY FUND MANAGEMENT, LLC New $10.1m29.4k shares
Point72 Asset Management, L.P. Added $3.4m9.9k shares
Belvedere Trading LLC New $1.7m4.9k shares
Parallax Volatility Advisers, L.P. New $1.6m4.8k shares
Walleye Trading LLC Reduced $925.6k2.7k shares

Biggest puts

Encompass Capital Advisors LLC New $492.8m1.4m shares
PICTON MAHONEY ASSET MANAGEMENT Added $342.8m1.0m shares
BANK OF MONTREAL /CAN/ New $308.5m900.0k shares
JANE STREET GROUP, LLC Added $243.9m711.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $172.4m503.0k shares
CITADEL ADVISORS LLC Reduced $138.5m404.1k shares
GROUP ONE TRADING LLC Added $102.2m298.2k shares
IMC-Chicago, LLC Added $64.9m189.3k shares
MILLENNIUM MANAGEMENT LLC New $59.8m174.5k shares
PEAK6 LLC New $37.7m110.0k 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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MERCER GLOBAL ADVISORS INC /ADV 3.44% of their portfolio DENVER, CO 8,117,4108.1m $2.8bn $2.8bn 3.44% Reduced -271.5k -271,464
2 ENVESTNET ASSET MANAGEMENT INC 0.64% of their portfolio Berwyn, PA 7,899,4527.9m $2.7bn $2.7bn 0.64% Reduced -571.8k -571,816
3 FMR LLC 0.08% of their portfolio BOSTON, MA 5,705,9395.7m $2.0bn $2.0bn 0.08% Added +222.5k +222,475
4 RAYMOND JAMES FINANCIAL INC 0.31% of their portfolio ST. PETERSBURG, FL 3,375,6163.4m $1.2bn $1.2bn 0.31% Added +94.6k +94,552
5 LPL Financial LLC 0.26% of their portfolio FORT MILL, SC 3,371,9003.4m $1.2bn $1.2bn 0.26% Added +5.5k +5,530
6 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 2,708,7822.7m $928.7m $928.7m 0.05% Reduced -373.2k -373,237
7 Blue Trust, Inc. 5.07% of their portfolio BRENTWOOD, TN 1,409,6801.4m $483.3m $483.3m 5.07% Added +134.7k +134,717
8 AMERIPRISE FINANCIAL INC 0.09% of their portfolio MINNEAPOLIS, MN 1,333,8501.3m $457.9m $457.9m 0.09% Reduced -33.7k -33,726
9 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 1,319,4111.3m $452.3m $452.3m 0.03% Added +149.8k +149,774
10 STATE OF MICHIGAN RETIREMENT SYSTEM 1.98% of their portfolio EAST LANSING, MI 1,301,9901.3m $446.4m $446.4m 1.98% Reduced -38.1k -38,100
11 BlackRock, Inc. 0.01% of their portfolio New York, NY 1,252,3321.3m $429.3m $429.3m 0.01% Reduced -371.2k -371,238
12 ASSETMARK, INC 0.67% of their portfolio CONCORD, CA 1,140,6051.1m $391.0m $391.0m 0.67% Reduced -33.6k -33,646
13 Cerity Partners LLC 0.46% of their portfolio NEW YORK, NY 1,099,6731.1m $377.0m $377.0m 0.46% Reduced -83.4k -83,405
14 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 1,086,1491.1m $372.4m $372.4m 0.06% Added +241.1k +241,083
15 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 1,003,9601.0m $337.3m $337.3m 0.02% Reduced -140.2k -140,150
16 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 4.68% of their portfolio Seattle, WA 931,613931.6k $319.4m $319.4m 4.68% Reduced -28.8k -28,786
17 MML INVESTORS SERVICES, LLC 0.58% of their portfolio SPRINGFIELD, MA 830,205830.2k $284.6m $284.6m 0.58% Added +204.2k +204,198
18 UBS Group AG 0.04% of their portfolio ZURICH, V8 691,900691.9k $237.2m $237.2m 0.04% Reduced -16.1k -16,060
19 Orgel Wealth Management, LLC 4.37% of their portfolio ALTOONA, WI 672,724672.7k $230.6m $230.6m 4.37% Reduced -11.0k -10,975
20 PARK AVENUE SECURITIES LLC 1.37% of their portfolio NEW YORK, NY 639,938639.9k $219.4m $219.4m 1.37% Reduced -82.5k -82,546
21 CITIGROUP INC 0.10% of their portfolio NEW YORK, NY 637,867637.9k $218.7m $218.7m 0.10% Added +385.2k +385,221
22 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.33% of their portfolio PLYMOUTH, MN 607,622607.6k $195.5m $195.5m 0.33% Reduced -6.6k -6,637
23 Cetera Investment Advisers 0.19% of their portfolio SCHAUMBURG, IL 595,918595.9k $204.3m $204.3m 0.19% Reduced -15.6k -15,633
24 Envestnet Portfolio Solutions, Inc. 0.90% of their portfolio BERWYN, PA 548,612548.6k $188.1m $188.1m 0.90% Reduced -157.8k -157,762
25 Janney Montgomery Scott LLC 0.33% of their portfolio PHILADELPHIA, PA 499,697499.7k $171.3m $171.3m 0.33% Reduced -101.7k -101,711
26 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 491,288491.3k $168.4m $168.4m 0.03% Reduced -16.4k -16,425
27 Clearbridge Investments, LLC 0.14% of their portfolio NEW YORK, NY 483,302483.3k $165.7m $165.7m 0.14% New
28 PNC Financial Services Group, Inc. 0.08% of their portfolio Pittsburgh, PA 467,786467.8k $160.4m $160.4m 0.08% Reduced -14.2k -14,211
29 Symmetry Partners, LLC 7.46% of their portfolio GLASTONBURY, CT 426,885426.9k $146.3m $146.3m 7.46% Reduced -8.8k -8,808
30 Cambridge Investment Research Advisors, Inc. 0.16% of their portfolio FAIRFIELD, IA 419,091419.1k $143.7m $143.7m 0.16% Added +193.7k +193,683
31 Savant Capital, LLC 0.41% of their portfolio ROCKFORD, IL 413,948413.9k $141.1m $141.1m 0.41% Added +12.2k +12,155
32 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 391,288391.3k $134.1m $134.1m 0.01% Added +33.8k +33,757
33 Balentine LLC 4.63% of their portfolio ATLANTA, GA 380,266380.3k $130.4m $130.4m 4.63% New
34 CAPTRUST FINANCIAL ADVISORS 0.20% of their portfolio RALEIGH, NC 372,327372.3k $127.6m $127.6m 0.20% Added +13.8k +13,763
35 Arizona PSPRS Trust 4.62% of their portfolio PHOENIX, AZ 361,757361.8k $124.0m $124.0m 4.62% Added +382 +382
36 Foundations Investment Advisors, LLC 1.24% of their portfolio PHOENIX, AZ 352,034352.0k $120.7m $120.7m 1.24% Reduced -88.3k -88,335
37 Corient Private Wealth LP 0.16% of their portfolio MIAMI, FL 346,128346.1k $118.7m $118.7m 0.16% Reduced -627.9k -627,890
38 OSAIC HOLDINGS, INC. 0.14% of their portfolio SCOTTSDALE, AZ 344,387344.4k $118.2m $118.2m 0.14% Added +19.9k +19,851
39 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 342,136342.1k $117.3m $117.3m 0.02% Reduced -82.8k -82,803
40 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 337,175337.2k $115.6m $115.6m 0.06% Reduced -46.9k -46,857
41 STIFEL FINANCIAL CORP 0.10% of their portfolio ST. LOUIS, MO 335,012335.0k $114.9m $114.9m 0.10% Added +2.5k +2,480
42 OneDigital Investment Advisors LLC 0.95% of their portfolio OVERLAND PARK, KS 328,191328.2k $112.5m $112.5m 0.95% Reduced -94.0k -93,956
43 High Probability Advisors, LLC 11.81% of their portfolio Pittsford, NY 322,023322.0k $110.4m $110.4m 11.81% Added +7.7k +7,701
44 NewEdge Advisors, LLC 0.32% of their portfolio NEW ORLEANS, LA 317,902317.9k $109.0m $109.0m 0.32% Reduced -80.9k -80,871
45 COMMONWEALTH EQUITY SERVICES, LLC 0.13% of their portfolio WALTHAM, MA 299,827299.8k $102.8m $102.8m 0.13% Reduced -41.4k -41,427
46 Foster Group, Inc. 2.62% of their portfolio WEST DES MOINES, IA 287,607287.6k $98.6m $98.6m 2.62% Reduced -30.2k -30,153
47 Merit Financial Group, LLC 0.58% of their portfolio ALPHARETTA, GA 274,471274.5k $94.1m $94.1m 0.58% Reduced -70.9k -70,869
48 JONES FINANCIAL COMPANIES LLLP 0.03% of their portfolio DES PERES, MO 230,444230.4k $75.1m $75.1m 0.03% Added +27.1k +27,108
49 JB Capital LLC 2.52% of their portfolio WETHERSFIELD, CT 212,113212.1k $72.7m $72.7m 2.52% Reduced -73.9k -73,886
50 Strategic Financial Services, Inc. 3.11% of their portfolio UTICA, NY 206,900206.9k $70.9m $70.9m 3.11% Reduced -18.7k -18,667
51 Armbruster Capital Management, Inc. 10.54% of their portfolio PITTSFORD, NY 206,320206.3k $70.7m $70.7m 10.54% Reduced -6.3k -6,258
52 Sanctuary Advisors, LLC 0.33% of their portfolio INDIANAPOLIS, IN 205,348205.3k $70.4m $70.4m 0.33% Reduced -37.6k -37,593
53 Integrated Wealth Concepts LLC 0.33% of their portfolio WALTHAM, MA 200,391200.4k $68.7m $68.7m 0.33% Added +39.1k +39,104
54 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.10% of their portfolio TORONTO, A6 200,000200.0k $68.6m $68.6m 0.10% New
55 AdvisorShares Investments LLC 8.05% of their portfolio BETHESDA, MD 194,494194.5k $66.7m $66.7m 8.05% New
56 Ameritas Advisory Services, LLC 1.33% of their portfolio Lincoln, NE 192,185192.2k $65.9m $65.9m 1.33% Added +65.1k +65,103
57 KEYBANK NATIONAL ASSOCIATION/OH 0.21% of their portfolio BROOKLYN, OH 183,285183.3k $62.8m $62.8m 0.21% Reduced -2.6k -2,561
58 New York Life Investment Management LLC 0.44% of their portfolio New York, NY 181,964182.0k $62.4m $62.4m 0.44% Added +26.8k +26,801
59 Kathmere Capital Management, LLC 3.31% of their portfolio WAYNE, PA 181,563181.6k $62.2m $62.2m 3.31% Added +755 +755
60 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.32% of their portfolio IRVING, TX 166,581166.6k $57.2m $57.2m 0.32% Reduced -47.7k -47,679
61 Rockefeller Capital Management L.P. 0.09% of their portfolio NEW YORK, NY 162,354162.4k $55.7m $55.7m 0.09% Added +5.1k +5,086
62 Sanchez Wealth Management Group 9.56% of their portfolio JACKSONVILLE, FL 159,211159.2k $54.6m $54.6m 9.56% Added +3.7k +3,722
63 Advocacy Wealth Management, LLC 1.88% of their portfolio ATLANTA, GA 150,686150.7k $51.7m $51.7m 1.88% Reduced -50.8k -50,755
64 Thrivent Financial for Lutherans 0.08% of their portfolio Minneapolis, MN 142,374142.4k $48.7m $48.7m 0.08% Added +42.1k +42,131
65 Atria Investments, Inc 0.48% of their portfolio Charlotte, NC 140,944140.9k $48.3m $48.3m 0.48% Reduced -5.3k -5,336
66 TRUIST FINANCIAL CORP 0.06% of their portfolio CHARLOTTE, NC 138,812138.8k $47.6m $47.6m 0.06% Reduced -25.4k -25,409
67 Acropolis Investment Management, LLC 1.86% of their portfolio ST. LOUIS, MO 137,797137.8k $47.2m $47.2m 1.86% Reduced -4.1k -4,149
68 Mullooly Asset Management, Inc. 14.15% of their portfolio WALL TOWNSHIP, NJ 134,087134.1k $46.0m $46.0m 14.15% Reduced -3.5k -3,506
69 1900 WEALTH MANAGEMENT LLC 2.52% of their portfolio SAN ANTONIO, TX 132,103132.1k $45.3m $45.3m 2.52% Reduced -627 -627
70 Beacon Pointe Advisors, LLC 0.21% of their portfolio NEWPORT BEACH, CA 131,871131.9k $45.2m $45.2m 0.21% Reduced -806 -806
71 Apella Capital, LLC 0.54% of their portfolio WEST HARTFORD, CT 121,579121.6k $38.0m $38.0m 0.54% Reduced -4.0k -4,004
72 Stonehearth Capital Management, LLC 13.68% of their portfolio DANVERS, MA 116,926116.9k $40.1m $40.1m 13.68% Reduced -7.1k -7,076
73 M&T Bank Corp 0.11% of their portfolio BUFFALO, NY 113,665113.7k $39.0m $39.0m 0.11% Reduced -203 -203
74 OPPENHEIMER & CO INC 0.41% of their portfolio NEW YORK, NY 113,255113.3k $38.8m $38.8m 0.41% Added +3.0k +2,995
75 Savvy Advisors, Inc. 0.83% of their portfolio NEW YORK, NY 113,097113.1k $38.8m $38.8m 0.83% Reduced -2.9k -2,886
76 Kestra Advisory Services, LLC 0.12% of their portfolio AUSTIN, TX 112,880112.9k $38.7m $38.7m 0.12% Added +8.1k +8,093
77 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 111,711111.7k $38.3m $38.3m 0.02% Added +94.0k +94,030
78 Journey Advisory Group, LLC 2.85% of their portfolio COVINGTON, KY 108,657108.7k $37.3m $37.3m 2.85% Added +47.1k +47,070
79 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 105,428105.4k $36.1m $36.1m 0.03% Added +3.2k +3,220
80 Lido Advisors, LLC 0.13% of their portfolio Los Angeles, CA 104,732104.7k $35.9m $35.9m 0.13% Reduced -50.5k -50,492
81 Convergence Financial, LLC 2.84% of their portfolio COLUMBIA, MO 104,086104.1k $35.7m $35.7m 2.84% Added +15.7k +15,741
82 Sequoia Financial Advisors, LLC 0.18% of their portfolio Akron, OH 103,852103.9k $35.6m $35.6m 0.18% Added +6.6k +6,557
83 OVERSEA-CHINESE BANKING Corp Ltd 0.84% of their portfolio SINGAPORE, U0 102,412102.4k $35.1m $35.1m 0.84% New
84 Baird Financial Group, Inc. 0.05% of their portfolio MILWAUKEE, WI 102,369102.4k $35.1m $35.1m 0.05% Added +17.7k +17,682
85 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 99,63999.6k $34.2m $34.2m 0.03% New
86 Clark Capital Management Group, Inc. 0.18% of their portfolio PHILADELPHIA, PA 98,11298.1k $33.6m $33.6m 0.18% Added +97.2k +97,158
87 Vise Technologies, Inc. 0.38% of their portfolio NEW YORK, NY 96,99697.0k $33.3m $33.3m 0.38% Added +63.6k +63,636
88 AE Wealth Management LLC 0.15% of their portfolio TOPEKA, KS 96,75496.8k $33.2m $33.2m 0.15% Reduced -29.1k -29,123
89 Mariner, LLC 0.03% of their portfolio Overland Park, KS 91,25091.2k $31.3m $31.3m 0.03% Reduced -5.6k -5,584
90 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 90,90690.9k $31.2m $31.2m 0.03% Added +72.6k +72,646
91 Trinity Wealth Management, LLC 9.76% of their portfolio BERWYN, PA 89,74489.7k $30.8m $30.8m 9.76% Added +19.5k +19,536
92 PRUDENT INVESTORS NETWORK, INC. 5.96% of their portfolio LAKE FOREST, CA 89,72489.7k $30.8m $30.8m 5.96% Added +20.6k +20,583
93 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 89,03789.0k $30.5m $30.5m 0.01% Added +85.0k +84,954
94 Quadrature Capital Ltd 0.26% of their portfolio LONDON, X0 87,44587.4k $30.0m $30.0m 0.26% New
95 Orion Porfolio Solutions, LLC 0.22% of their portfolio OMAHA, NE 83,12183.1k $28.5m $28.5m 0.22% Added +32.2k +32,182
96 Private Advisor Group, LLC 0.13% of their portfolio MORRISTOWN, NJ 82,49582.5k $28.3m $28.3m 0.13% Added +4.6k +4,638
97 Invst, LLC 2.74% of their portfolio INDIANAPOLIS, IN 81,85281.9k $28.1m $28.1m 2.74% Added +54.6k +54,596
98 Bell Investment Advisors, Inc 3.92% of their portfolio ORINDA, CA 77,80777.8k $26.7m $26.7m 3.92% Reduced -10.4k -10,389
99 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 1.26% of their portfolio Westlake, OH 74,19474.2k $25.4m $25.4m 1.26% Reduced -29.6k -29,588
100 Glenview Trust Co 0.35% of their portfolio Louisville, KY 73,95974.0k $25.4m $25.4m 0.35% Reduced -265 -265