Vault-13

ISHARES TR IEFA

CORE MSCI EAFE · ETP · CUSIP 46432F842

1,555 institutional holders +28 vs Q4 2022
1,182,664,6761.2bn shares reported held*
$79.0bnreported value*
105 new 649 added 582 reduced 73 sold out net bought ≈ $963.0m (+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 ($759.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $66.81. Options: 3 managers hold calls ($11.4m notional), 5 hold puts ($24.4m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 1,416Q4 22: 1,527Q1 23: 1,5551,555Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 20221,416
Q4 20221,527
Q1 20231,555

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 722 bought or addedQ4 22: 685 cut or sold outQ4 22Q1 23: 754 bought or addedQ1 23: 655 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022722685
Q1 2023754655

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ3 22 calls: $9.3mQ3 22 puts: $3.3mQ3 22P/C 0.36Q4 22 calls: $13.2mQ4 22 puts: $3.3mQ4 22P/C 0.25Q1 23 calls: $11.4mQ1 23 puts: $24.4mQ1 23P/C 2.13
Numbers
QuarterCallsPutsP/C
Q3 2022$9.3m$3.3m0.36
Q4 2022$13.2m$3.3m0.25
Q1 2023$11.4m$24.4m2.13

Biggest buyers

FMR LLC Added +14,771,298+14.8m
MORGAN STANLEY Added +13,747,188+13.7m
US BANCORP \DE\ Added +4,910,411+4.9m
GRIMES & Co WEALTH MANAGEMENT, LLC Added +3,428,965+3.4m
LPL Financial LLC Added +3,322,467+3.3m
Ballentine Partners, LLC Added +2,500,961+2.5m
BANK OF MONTREAL /CAN/ Added +2,436,368+2.4m
ENVESTNET ASSET MANAGEMENT INC Added +2,304,752+2.3m
Bank of New York Mellon Corp Added +1,893,950+1.9m
TRUIST FINANCIAL CORP Added +1,766,132+1.8m

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -43,723,149-43.7m
JANE STREET GROUP, LLC Reduced -5,039,756-5.0m
Global Strategic Investment Solutions, LLC Reduced -3,118,375-3.1m
TIAA, FSB Reduced -1,610,196-1.6m
NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC Reduced -1,349,300-1.3m
Allspring Global Investments Holdings, LLC Reduced -1,143,205-1.1m
BlackRock Inc. Reduced -1,104,612-1.1m
BROWN BROTHERS HARRIMAN & CO Reduced -1,051,228-1.1m
HSBC HOLDINGS PLC Reduced -988,350-988.4k
WELLINGTON MANAGEMENT GROUP LLP Reduced -977,908-977.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $8.4m125.8k shares
CITADEL ADVISORS LLC Added $3.0m44.8k shares
Cutler Group LLC / CA Added $2.0k4.5k shares

Biggest puts

Bull Oak Capital, LLC New $20.1m300.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.4m51.2k shares
CITADEL ADVISORS LLC Added $855.7k12.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Added $01.2k 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.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 1.22% of their portfolio CHARLOTTE, NC 158,729,546158.7m $10.6bn $10.6bn 1.22% Reduced -43.7m -43,723,149
2 MORGAN STANLEY 0.60% of their portfolio NEW YORK, NY 83,715,32883.7m $5.6bn $5.6bn 0.60% Added +13.7m +13,747,188
3 JONES FINANCIAL COMPANIES LLLP 7.90% of their portfolio DES PERES, MO 71,863,87071.9m $4.8bn $4.8bn 7.90% Added +60.0k +60,006
4 TIAA, FSB 15.11% of their portfolio ST. LOUIS, MO 60,911,85860.9m $4.1bn $4.1bn 15.11% Reduced -1.6m -1,610,196
5 ENVESTNET ASSET MANAGEMENT INC 1.41% of their portfolio Berwyn, PA 43,796,73843.8m $2.9bn $2.9bn 1.41% Added +2.3m +2,304,752
6 BlackRock Inc. 0.08% of their portfolio New York, NY 41,192,96841.2m $2.8bn $2.8bn 0.08% Reduced -1.1m -1,104,612
7 LPL Financial LLC 1.63% of their portfolio FORT MILL, SC 31,306,29831.3m $2.1bn $2.1bn 1.63% Added +3.3m +3,322,467
8 FMR LLC 0.09% of their portfolio BOSTON, MA 28,583,31028.6m $1.9bn $1.9bn 0.09% Added +14.8m +14,771,298
9 RAYMOND JAMES & ASSOCIATES 1.62% of their portfolio ST PETERSBURG, FL 27,887,03527.9m $1.9bn $1.9bn 1.62% Added +141.3k +141,327
10 US BANCORP \DE\ 3.00% of their portfolio MINNEAPOLIS, MN 26,596,78326.6m $1.8bn $1.8bn 3.00% Added +4.9m +4,910,411
11 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 2.30% of their portfolio MILWAUKEE, WI 24,689,14924.7m $1.7bn $1.7bn 2.30% Added +15.8k +15,839
12 UBS Group AG 0.75% of their portfolio ZURICH, V8 24,230,25124.2m $1.6bn $1.6bn 0.75% Added +1.5m +1,497,650
13 GOLDMAN SACHS GROUP INC 0.41% of their portfolio NEW YORK, NY 22,836,27422.8m $1.5bn $1.5bn 0.41% Added +280.6k +280,600
14 WELLS FARGO & COMPANY/MN 0.44% of their portfolio SAN FRANCISCO, CA 21,417,82821.4m $1.4bn $1.4bn 0.44% Reduced -334.6k -334,552
15 Bank of New York Mellon Corp 0.25% of their portfolio NEW YORK, NY 16,913,37216.9m $1.1bn $1.1bn 0.25% Added +1.9m +1,893,950
16 M&T Bank Corp 3.98% of their portfolio BUFFALO, NY 15,362,24915.4m $1.0bn $1.0bn 3.98% Reduced -326.6k -326,596
17 PNC Financial Services Group, Inc. 0.90% of their portfolio Pittsburgh, PA 15,361,35615.4m $1.0bn $1.0bn 0.90% Added +3.8k +3,848
18 Betterment LLC 2.69% of their portfolio NEW YORK, NY 12,425,37312.4m $830.6m $830.6m 2.69% Added +123.7k +123,730
19 JPMORGAN CHASE & CO 0.10% of their portfolio NEW YORK, NY 11,000,57211.0m $735.4m $735.4m 0.10% Added +492.9k +492,927
20 UNITED CAPITAL FINANCIAL ADVISORS, LLC 3.71% of their portfolio IRVING, TX 9,939,3019.9m $664.4m $664.4m 3.71% Reduced -43.0k -43,027
21 BANK OF MONTREAL /CAN/ 0.27% of their portfolio TORONTO, A6 9,704,8039.7m $649.2m $649.2m 0.27% Added +2.4m +2,436,368
22 State of New Jersey Common Pension Fund D 2.27% of their portfolio TRENTON, NJ 9,500,4719.5m $635.1m $635.1m 2.27% Unchanged
23 STIFEL FINANCIAL CORP 0.85% of their portfolio ST. LOUIS, MO 8,823,2718.8m $589.8m $589.8m 0.85% Reduced -505.9k -505,946
24 NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC 14.13% of their portfolio MILWAUKEE, WI 8,266,0388.3m $552.6m $552.6m 14.13% Reduced -1.3m -1,349,300
25 AMERIPRISE FINANCIAL INC 0.17% of their portfolio MINNEAPOLIS, MN 7,729,0227.7m $516.6m $516.6m 0.17% Added +1.5m +1,531,638
26 TRUIST FINANCIAL CORP 0.88% of their portfolio CHARLOTTE, NC 7,671,8357.7m $512.9m $512.9m 0.88% Added +1.8m +1,766,132
27 ALLIANCEBERNSTEIN L.P. 0.20% of their portfolio NASHVILLE, TN 6,899,6266.9m $461.2m $461.2m 0.20% Reduced -14.8k -14,783
28 ASSETMARK, INC 1.88% of their portfolio CONCORD, CA 6,802,7446.8m $454.8m $454.8m 1.88% Added +43.0k +43,001
29 ROYAL BANK OF CANADA 0.14% of their portfolio TORONTO, A6 6,774,6896.8m $452.9m $452.9m 0.14% Reduced -106.3k -106,330
30 Raymond James Financial Services Advisors, Inc. 0.82% of their portfolio ST. PETERSBURG, FL 6,488,4256.5m $433.8m $433.8m 0.82% Added +669.8k +669,792
31 Mariner, LLC 1.26% of their portfolio Overland Park, KS 6,481,3926.5m $433.3m $433.3m 1.26% Added +319.8k +319,783
32 Cerity Partners LLC 1.06% of their portfolio NEW YORK, NY 5,839,9565.8m $404.6m $404.6m 1.06% Added +1.4m +1,416,123
33 KEYBANK NATIONAL ASSOCIATION/OH 1.64% of their portfolio BROOKLYN, OH 5,167,9335.2m $345.5m $345.5m 1.64% Reduced -309.6k -309,593
34 FRANKLIN RESOURCES INC 0.17% of their portfolio San Mateo, CA 5,077,9885.1m $339.5m $339.5m 0.17% Added +156.8k +156,804
35 SEI INVESTMENTS CO 0.63% of their portfolio OAKS, PA 5,073,8065.1m $339.2m $339.2m 0.63% Reduced -195.6k -195,614
36 CORNERSTONE PARTNERS CAPITAL MANAGEMENT, LLC 21.57% of their portfolio CHARLOTTESVILLE, VA 4,964,4825.0m $331.9m $331.9m 21.57% Added +770.5k +770,496
37 Ballentine Partners, LLC 8.03% of their portfolio Waltham, MA 4,774,5114.8m $319.2m $319.2m 8.03% Added +2.5m +2,500,961
38 Baird Financial Group, Inc. 0.77% of their portfolio MILWAUKEE, WI 4,697,5294.7m $314.0m $314.0m 0.77% Added +276.3k +276,318
39 OSAIC HOLDINGS, INC. 0.56% of their portfolio SCOTTSDALE, AZ 4,488,8614.5m $300.2m $300.2m 0.56% Added +180.4k +180,364
40 Alesco Advisors, LLC, An ESL Co 11.05% of their portfolio Pittsford, NY 4,487,1904.5m $300.0m $300.0m 11.05% Reduced -112.6k -112,572
41 WELLINGTON MANAGEMENT GROUP LLP 0.06% of their portfolio Boston, MA 4,387,3454.4m $293.3m $293.3m 0.06% Reduced -977.9k -977,908
42 FIRST CITIZENS BANK & TRUST CO 5.61% of their portfolio RALEIGH, NC 4,205,0424.2m $281.1m $281.1m 5.61% Added +1.7m +1,685,629
43 Members Trust Co 8.38% of their portfolio TAMPA, FL 4,161,4764.2m $278.2m $278.2m 8.38% Reduced -655.0k -655,017
44 CWM, LLC 1.83% of their portfolio OMAHA, NE 4,054,0354.1m $271.0m $271.0m 1.83% Added +219.2k +219,200
45 HighTower Advisors, LLC 0.58% of their portfolio CHICAGO, IL 3,945,7413.9m $263.8m $263.8m 0.58% Reduced -43.8k -43,819
46 SIGNATUREFD, LLC 7.20% of their portfolio ATLANTA, GA 3,944,9413.9m $263.7m $263.7m 7.20% Added +217.1k +217,112
47 TD AMERITRADE INVESTMENT MANAGEMENT, LLC 2.60% of their portfolio OMAHA, NE 3,785,0003.8m $253.0m $253.0m 2.60% Reduced -221.8k -221,777
48 GRIMES & Co WEALTH MANAGEMENT, LLC 10.29% of their portfolio WESTBOROUGH, MA 3,754,5523.8m $251.0m $251.0m 10.29% Added +3.4m +3,428,965
49 FIFTH THIRD BANCORP 1.13% of their portfolio CINCINNATI, OH 3,617,7003.6m $241.8m $241.8m 1.13% Reduced -430.5k -430,460
50 Cresset Asset Management, LLC 4.60% of their portfolio Chicago, IL 3,441,5483.4m $230.1m $230.1m 4.60% Added +100.9k +100,876
51 AVANTAX ADVISORY SERVICES, INC. 2.81% of their portfolio DALLAS, TX 3,429,5603.4m $229.3m $229.3m 2.81% Added +72.1k +72,075
52 Hirtle & Co., LLC 10.73% of their portfolio WEST CONSHOHOCKEN, PA 3,224,3513.2m $215.5m $215.5m 10.73% Added +668.6k +668,603
53 NATIONAL BANK OF CANADA /FI/ 0.57% of their portfolio MONTREAL, A8 3,163,5883.2m $211.5m $211.5m 0.57% Added +11.4k +11,417
54 NORTHERN TRUST CORP 0.04% of their portfolio CHICAGO, IL 2,939,8382.9m $196.5m $196.5m 0.04% Added +1.3m +1,301,888
55 Allspring Global Investments Holdings, LLC 0.32% of their portfolio CHARLOTTE, NC 2,924,2952.9m $195.5m $195.5m 0.32% Reduced -1.1m -1,143,205
56 Bell Bank 20.57% of their portfolio FARGO, ND 2,907,4292.9m $194.4m $194.4m 20.57% Added +860.5k +860,492
57 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio SAN FRANCISCO, CA 2,867,5632.9m $191.7m $191.7m 0.06% Reduced -441.2k -441,234
58 RiverFront Investment Group, LLC 6.72% of their portfolio RICHMOND, VA 2,849,4782.8m $190.5m $190.5m 6.72% Added +25.6k +25,649
59 COMMONWEALTH EQUITY SERVICES, LLC 0.38% of their portfolio WALTHAM, MA 2,681,8772.7m $179.3m $179.3m 0.38% Reduced -28.3k -28,310
60 Haverford Trust Co 2.13% of their portfolio Radnor, PA 2,662,3432.7m $178.0m $178.0m 2.13% Added +603.8k +603,824
61 FIRST HAWAIIAN BANK 5.99% of their portfolio HONOLULU, HI 2,647,4692.6m $177.0m $177.0m 5.99% Added +13.6k +13,554
62 BROWN BROTHERS HARRIMAN & CO 1.47% of their portfolio NEW YORK, NY 2,626,7172.6m $175.6m $175.6m 1.47% Reduced -1.1m -1,051,228
63 J.P. Morgan Private Wealth Advisors LLC 0.37% of their portfolio SAN FRANCISCO, CA 2,593,5422.6m $173.4m $173.4m 0.37% Added +120.2k +120,199
64 Creative Planning 0.24% of their portfolio OVERLAND PARK, KS 2,536,3832.5m $169.6m $169.6m 0.24% Reduced -128.1k -128,090
65 GREENLEAF TRUST 1.90% of their portfolio KALAMAZOO, MI 2,519,8552.5m $168.5m $168.5m 1.90% Added +57.1k +57,127
66 CREDIT SUISSE AG/ 0.17% of their portfolio ZURICH, V8 2,474,0002.5m $165.4m $165.4m 0.17% Unchanged
67 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 4.41% of their portfolio MINNEAPOLIS, MN 2,236,3872.2m $149.5m $149.5m 4.41% Reduced -37.8k -37,766
68 JANE STREET GROUP, LLC 0.25% of their portfolio NEW YORK, NY 2,186,0542.2m $146.1m $146.1m 0.25% Reduced -5.0m -5,039,756
69 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.08% of their portfolio Toronto, A6 2,172,5752.2m $145.2m $145.2m 0.08% Added +230.8k +230,791
70 First Command Bank 14.43% of their portfolio FORT WORTH, TX 2,109,6292.1m $141.0m $141.0m 14.43% Added +595.0k +595,017
71 First Command Financial Services, Inc. 14.43% of their portfolio FORT WORTH, TX 2,109,6292.1m $141.0m $141.0m 14.43% Added +595.0k +595,017
72 Matson Money. Inc. 5.14% of their portfolio MASON, OH 2,083,0132.1m $139.2m $139.2m 5.14% Reduced -790 -790
73 Fiduciary Trust Co 2.58% of their portfolio Boston, MA 2,077,2732.1m $138.9m $138.9m 2.58% Added +1.7m +1,697,847
74 Pure Financial Advisors, LLC 6.40% of their portfolio SAN DIEGO, CA 2,064,9172.1m $138.0m $138.0m 6.40% Added +140.6k +140,598
75 CITIZENS FINANCIAL GROUP INC/RI 4.90% of their portfolio PROVIDENCE, RI 2,003,1412.0m $133.9m $133.9m 4.90% Added +10.7k +10,663
76 MISSION WEALTH MANAGEMENT, LP 5.55% of their portfolio Santa Barbara, CA 1,960,1512.0m $131.0m $131.0m 5.55% Added +374.1k +374,065
77 Passaic Partners LLC 26.37% of their portfolio NEWARK, NJ 1,949,2001.9m $130.3m $130.3m 26.37% Reduced -73.2k -73,200
78 Nuveen Asset Management, LLC 0.05% of their portfolio CHICAGO, IL 1,907,6931.9m $127.5m $127.5m 0.05% Added +9.8k +9,841
79 Modera Wealth Management, LLC 4.78% of their portfolio WESTWOOD, NJ 1,843,7161.8m $123.3m $123.3m 4.78% Added +80.6k +80,563
80 Alaska Permanent Capital Management, LLC 11.19% of their portfolio ANCHORAGE, AK 1,824,4351.8m $122.0m $122.0m 11.19% Added +191.6k +191,555
81 CKW FINANCIAL GROUP 19.44% of their portfolio HONOLULU, HI 1,783,9651.8m $119.3m $119.3m 19.44% Reduced -8.1k -8,141
82 FLPUTNAM INVESTMENT MANAGEMENT CO 3.87% of their portfolio PORTLAND, ME 1,777,2461.8m $118.8m $118.8m 3.87% Added +356.7k +356,730
83 Truepoint, Inc. 4.08% of their portfolio CINCINNATI, OH 1,772,5111.8m $118.5m $118.5m 4.08% Reduced -28.7k -28,686
84 HALBERT HARGROVE GLOBAL ADVISORS, LLC 7.77% of their portfolio LONG BEACH, CA 1,698,5031.7m $113.5m $113.5m 7.77% Reduced -6.5k -6,496
85 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.18% of their portfolio BALA CYNWYD, PA 1,686,1281.7m $112.7m $112.7m 0.18% Added +1.6m +1,569,913
86 First Business Financial Services, Inc. 13.92% of their portfolio MADISON, WI 1,658,6911.7m $110.9m $110.9m 13.92% Added +57.1k +57,120
87 Heritage Wealth Advisors 6.17% of their portfolio RICHMOND, VA 1,657,8901.7m $110.8m $110.8m 6.17% Added +21.2k +21,154
88 Mirae Asset Global Investments Co., Ltd. 0.25% of their portfolio SEOUL, M5 1,620,0871.6m $108.3m $108.3m 0.25% Reduced -129.7k -129,650
89 MML INVESTORS SERVICES, LLC 0.76% of their portfolio SPRINGFIELD, MA 1,617,2201.6m $108.1m $108.1m 0.76% Added +162.3k +162,260
90 Janney Montgomery Scott LLC 0.44% of their portfolio PHILADELPHIA, PA 1,603,0091.6m $107.2m $107.2m 0.44% Reduced -31.2k -31,166
91 Avidian Wealth Enterprises, LLC 5.74% of their portfolio Houston, TX 1,562,6821.6m $104.5m $104.5m 5.74% Added +169.8k +169,773
92 Corient Private Wealth LP 0.27% of their portfolio MIAMI, FL 1,515,5241.5m $101.3m $101.3m 0.27% Added +790.2k +790,244
93 Venturi Wealth Management, LLC 8.15% of their portfolio AUSTIN, TX 1,484,3521.5m $99.2m $99.2m 8.15% Added +78.5k +78,450
94 Cetera Advisor Networks LLC 0.72% of their portfolio EL SEGUNDO, CA 1,468,1441.5m $98.1m $98.1m 0.72% Added +32.1k +32,099
95 Connecticut Wealth Management, LLC 6.54% of their portfolio FARMINGTON, CT 1,293,9651.3m $86.5m $86.5m 6.54% Added +176.2k +176,238
96 HSBC HOLDINGS PLC 0.11% of their portfolio LONDON, X0 1,267,4091.3m $84.7m $84.7m 0.11% Reduced -988.4k -988,350
97 Global Strategic Investment Solutions, LLC 12.02% of their portfolio Scottsdale, AZ 1,255,4371.3m $83.9m $83.9m 12.02% Reduced -3.1m -3,118,375
98 MAI Capital Management 1.32% of their portfolio INDEPENDENCE, OH 1,246,9701.2m $83.4m $83.4m 1.32% Added +38.6k +38,619
99 UMB Bank, n.a. 1.31% of their portfolio Kansas City, MO 1,225,6531.2m $81.9m $81.9m 1.31% Added +94.9k +94,870
100 SigFig Wealth Management, LLC 4.51% of their portfolio SAN FRANCISCO, CA 1,221,9941.2m $81.8m $81.8m 4.51% Added +240.7k +240,737