Vault-13

ISHARES TR IEFA

CORE MSCI EAFE · ETP · CUSIP 46432F842

1,588 institutional holders +3 vs Q2 2023
1,248,889,8311.2bn shares reported held*
$80.4bnreported value*
82 new 714 added 554 reduced 76 sold out net bought ≈ $1.1bn (-4.0m 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 ($627.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $64.35. Options: 5 managers hold calls ($10.3m notional), 6 hold puts ($4.0m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 1,416Q4 22: 1,527Q1 23: 1,555Q2 23: 1,585Q3 23: 1,5881,588Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 20221,416
Q4 20221,527
Q1 20231,555
Q2 20231,585
Q3 20231,588

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 23Q2 23: 815 bought or addedQ2 23: 642 cut or sold outQ2 23Q3 23: 796 bought or addedQ3 23: 630 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022722685
Q1 2023754655
Q2 2023815642
Q3 2023796630

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ4 22 calls: $13.2mQ4 22 puts: $3.3mQ4 22P/C 0.25Q1 23 calls: $11.4mQ1 23 puts: $24.4mQ1 23P/C 2.13Q2 23 calls: $9.9mQ2 23 puts: $26.4mQ2 23P/C 2.67Q3 23 calls: $10.3mQ3 23 puts: $4.0mQ3 23P/C 0.38
Numbers
QuarterCallsPutsP/C
Q4 2022$13.2m$3.3m0.25
Q1 2023$11.4m$24.4m2.13
Q2 2023$9.9m$26.4m2.67
Q3 2023$10.3m$4.0m0.38

Biggest buyers

WELLS FARGO & COMPANY/MN Added +10,923,208+10.9m
BANK OF AMERICA CORP /DE/ Added +4,240,665+4.2m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +3,069,988+3.1m
First Command Advisory Services, Inc. Added +2,486,211+2.5m
BANK OF MONTREAL /CAN/ Added +2,115,744+2.1m
NATIXIS ADVISORS, LLC Added +2,089,356+2.1m
Bank of New York Mellon Corp Added +1,863,243+1.9m
JANE STREET GROUP, LLC Added +1,714,668+1.7m
MORGAN STANLEY Added +1,583,086+1.6m
OSAIC HOLDINGS, INC. Added +1,562,280+1.6m

Biggest sellers

Bishop & Co Investment Management, LLC Reduced -21,930,077-21.9m
ENVESTNET ASSET MANAGEMENT INC Reduced -10,753,203-10.8m
Members Trust Co Reduced -4,759,530-4.8m
TD AMERITRADE INVESTMENT MANAGEMENT, LLC Reduced -3,641,061-3.6m
Cerity Partners LLC Reduced -2,405,440-2.4m
UNITED CAPITAL FINANCIAL ADVISORS, LLC Reduced -2,179,420-2.2m
NATIONAL BANK OF CANADA /FI/ Reduced -2,146,947-2.1m
NEPC LLC Reduced -1,936,722-1.9m
WELLINGTON MANAGEMENT GROUP LLP Reduced -1,850,273-1.9m
NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC Reduced -1,746,800-1.7m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $7.5m116.3k shares
CITADEL ADVISORS LLC Added $2.0m30.6k shares
WOLVERINE TRADING, LLC Reduced $675.7k10.5k shares
Belvedere Trading LLC New $205.9k3.2k shares
Cutler Group LLC / CA Reduced $01.2k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.9m45.7k shares
WOLVERINE TRADING, LLC Added $746.5k11.6k shares
Private Advisor Group, LLC New $151.4k235.3k shares
CITADEL ADVISORS LLC Reduced $128.7k2.0k shares
Cutler Group LLC / CA Added $8.0k4.7k 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.

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 1.30% of their portfolio CHARLOTTE, NC 164,383,681164.4m $10.6bn $10.6bn 1.30% Added +4.2m +4,240,665
2 MORGAN STANLEY 0.58% of their portfolio NEW YORK, NY 88,364,14288.4m $5.7bn $5.7bn 0.58% Added +1.6m +1,583,086
3 JONES FINANCIAL COMPANIES LLLP 7.75% of their portfolio DES PERES, MO 73,231,88173.2m $4.7bn $4.7bn 7.75% Added +895.6k +895,629
4 TIAA TRUST, NATIONAL ASSOCIATION 13.52% of their portfolio CHARLOTTE, NC 58,268,87358.3m $3.7bn $3.7bn 13.52% First filing
5 WELLS FARGO & COMPANY/MN 1.05% of their portfolio SAN FRANCISCO, CA 52,506,22452.5m $3.4bn $3.4bn 1.05% Added +10.9m +10,923,208
6 BlackRock Inc. 0.07% of their portfolio New York, NY 39,763,62039.8m $2.6bn $2.6bn 0.07% Added +165.1k +165,118
7 ENVESTNET ASSET MANAGEMENT INC 1.04% of their portfolio Berwyn, PA 35,235,81035.2m $2.3bn $2.3bn 1.04% Reduced -10.8m -10,753,203
8 LPL Financial LLC 1.50% of their portfolio FORT MILL, SC 33,364,57633.4m $2.1bn $2.1bn 1.50% Added +1.4m +1,360,944
9 US BANCORP \DE\ 3.05% of their portfolio MINNEAPOLIS, MN 28,963,24429.0m $1.9bn $1.9bn 3.05% Added +843.3k +843,348
10 RAYMOND JAMES & ASSOCIATES 1.56% of their portfolio ST PETERSBURG, FL 28,844,27728.8m $1.9bn $1.9bn 1.56% Added +560.6k +560,648
11 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 2.17% of their portfolio MILWAUKEE, WI 25,888,05525.9m $1.7bn $1.7bn 2.17% Added +902.9k +902,877
12 GOLDMAN SACHS GROUP INC 0.42% of their portfolio NEW YORK, NY 25,887,39325.9m $1.7bn $1.7bn 0.42% Added +928.7k +928,713
13 UBS Group AG 0.75% of their portfolio ZURICH, V8 25,566,01325.6m $1.6bn $1.6bn 0.75% Added +455.3k +455,295
14 Bank of New York Mellon Corp 0.28% of their portfolio NEW YORK, NY 19,752,91119.8m $1.3bn $1.3bn 0.28% Added +1.9m +1,863,243
15 PNC Financial Services Group, Inc. 0.85% of their portfolio Pittsburgh, PA 15,407,57415.4m $991.5m $991.5m 0.85% Added +234.6k +234,638
16 M&T Bank Corp 3.95% of their portfolio BUFFALO, NY 15,372,07615.4m $989.2m $989.2m 3.95% Added +180.8k +180,800
17 FMR LLC 0.08% of their portfolio BOSTON, MA 15,065,33215.1m $969.5m $969.5m 0.08% Added +157.4k +157,413
18 Betterment LLC 2.51% of their portfolio NEW YORK, NY 12,295,40212.3m $791.2m $791.2m 2.51% Added +148.4k +148,393
19 Envestnet Portfolio Solutions, Inc. 3.64% of their portfolio BERWYN, PA 11,965,80812.0m $770.0m $770.0m 3.64% First filing
20 JPMORGAN CHASE & CO 0.09% of their portfolio NEW YORK, NY 11,553,40711.6m $743.5m $743.5m 0.09% Added +789.7k +789,655
21 State of New Jersey Common Pension Fund D 2.20% of their portfolio TRENTON, NJ 9,500,4719.5m $611.4m $611.4m 2.20% Unchanged
22 STIFEL FINANCIAL CORP 0.85% of their portfolio ST. LOUIS, MO 9,415,0089.4m $605.9m $605.9m 0.85% Added +514.4k +514,429
23 AMERIPRISE FINANCIAL INC 0.19% of their portfolio MINNEAPOLIS, MN 9,164,4979.2m $592.4m $592.4m 0.19% Reduced -79.4k -79,432
24 TRUIST FINANCIAL CORP 0.88% of their portfolio CHARLOTTE, NC 8,184,7948.2m $526.7m $526.7m 0.88% Added +62.1k +62,086
25 UNITED CAPITAL FINANCIAL ADVISORS, LLC 3.29% of their portfolio IRVING, TX 7,809,6907.8m $502.6m $502.6m 3.29% Reduced -2.2m -2,179,420
26 ASSETMARK, INC 1.87% of their portfolio CONCORD, CA 7,283,7447.3m $468.7m $468.7m 1.87% Added +382.6k +382,594
27 ROYAL BANK OF CANADA 0.13% of their portfolio TORONTO, A6 7,154,9497.2m $460.4m $460.4m 0.13% Added +47.9k +47,946
28 Mariner, LLC 1.22% of their portfolio Overland Park, KS 7,050,1887.1m $453.7m $453.7m 1.22% Reduced -859.6k -859,611
29 BANK OF MONTREAL /CAN/ 0.17% of their portfolio TORONTO, A6 7,034,6257.0m $469.1m $469.1m 0.17% Added +2.1m +2,115,744
30 Raymond James Financial Services Advisors, Inc. 0.80% of their portfolio ST. PETERSBURG, FL 6,824,7206.8m $439.2m $439.2m 0.80% Reduced -60.9k -60,895
31 ALLIANCEBERNSTEIN L.P. 0.18% of their portfolio NASHVILLE, TN 6,725,5476.7m $432.8m $432.8m 0.18% Reduced -160.4k -160,412
32 HighTower Advisors, LLC 0.78% of their portfolio CHICAGO, IL 6,434,9166.4m $414.1m $414.1m 0.78% Added +147.6k +147,554
33 OSAIC HOLDINGS, INC. 0.57% of their portfolio SCOTTSDALE, AZ 5,964,3936.0m $383.9m $383.9m 0.57% Added +1.6m +1,562,280
34 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.11% of their portfolio SAN FRANCISCO, CA 5,831,5455.8m $375.2m $375.2m 0.11% Added +3.1m +3,069,988
35 FRANKLIN RESOURCES INC 0.18% of their portfolio San Mateo, CA 5,597,2415.6m $360.2m $360.2m 0.18% Added +515.3k +515,257
36 FIRST CITIZENS BANK & TRUST CO 7.00% of their portfolio RALEIGH, NC 5,584,7965.6m $359.4m $359.4m 7.00% Added +662.2k +662,153
37 Ballentine Partners, LLC 7.94% of their portfolio Waltham, MA 5,246,2225.2m $337.6m $337.6m 7.94% Added +278.0k +277,959
38 NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC 8.80% of their portfolio MILWAUKEE, WI 5,050,9385.1m $325.0m $325.0m 8.80% Reduced -1.7m -1,746,800
39 KEYBANK NATIONAL ASSOCIATION/OH 1.52% of their portfolio BROOKLYN, OH 4,940,8334.9m $317.9m $317.9m 1.52% Reduced -101.0k -100,983
40 Cresset Asset Management, LLC 2.12% of their portfolio Chicago, IL 4,749,3274.7m $305.6m $305.6m 2.12% Added +628.4k +628,416
41 Baird Financial Group, Inc. 0.83% of their portfolio MILWAUKEE, WI 4,743,3154.7m $305.2m $305.2m 0.83% Added +109.9k +109,875
42 SEI INVESTMENTS CO 0.54% of their portfolio OAKS, PA 4,705,4154.7m $302.8m $302.8m 0.54% Reduced -154.7k -154,731
43 CORNERSTONE PARTNERS CAPITAL MANAGEMENT, LLC 22.94% of their portfolio CHARLOTTESVILLE, VA 4,453,4944.5m $286.6m $286.6m 22.94% Reduced -566.1k -566,143
44 Alaska Permanent Fund Corp 5.29% of their portfolio JUNEAU, AK 4,370,9014.4m $281.3m $281.3m 5.29% Reduced -713.1k -713,093
45 CWM, LLC 1.67% of their portfolio OMAHA, NE 4,242,6874.2m $273.0m $273.0m 1.67% Added +100.3k +100,256
46 Members Trust Co 7.86% of their portfolio TAMPA, FL 4,174,9874.2m $269.5m $269.5m 7.86% Reduced -4.8m -4,759,530
47 Alesco Advisors, LLC, An ESL Co 10.23% of their portfolio Pittsford, NY 4,115,1974.1m $264.8m $264.8m 10.23% Reduced -297.7k -297,682
48 GRIMES & Co WEALTH MANAGEMENT, LLC 9.46% of their portfolio WESTBOROUGH, MA 3,803,2513.8m $244.7m $244.7m 9.46% Reduced -3.6k -3,619
49 Nuveen Asset Management, LLC 0.09% of their portfolio CHICAGO, IL 3,796,5613.8m $244.3m $244.3m 0.09% Unchanged
50 Hirtle & Co., LLC 11.71% of their portfolio WEST CONSHOHOCKEN, PA 3,642,6853.6m $234.4m $234.4m 11.71% Added +96.6k +96,608
51 Cerity Partners LLC 1.14% of their portfolio NEW YORK, NY 3,630,3323.6m $233.6m $233.6m 1.14% Reduced -2.4m -2,405,440
52 FIFTH THIRD BANCORP 1.07% of their portfolio CINCINNATI, OH 3,589,7233.6m $231.0m $231.0m 1.07% Reduced -13.1k -13,079
53 AVANTAX ADVISORY SERVICES, INC. 2.57% of their portfolio DALLAS, TX 3,567,7583.6m $229.6m $229.6m 2.57% Added +75.2k +75,231
54 Fiduciary Trust Co 3.89% of their portfolio Boston, MA 3,308,0163.3m $212.9m $212.9m 3.89% Added +506.2k +506,244
55 Bell Bank 21.27% of their portfolio FARGO, ND 3,020,1313.0m $194.3m $194.3m 21.27% Added +15.2k +15,219
56 SIGNATUREFD, LLC 4.89% of their portfolio ATLANTA, GA 2,918,6242.9m $187.8m $187.8m 4.89% Reduced -1.2m -1,176,493
57 FLPUTNAM INVESTMENT MANAGEMENT CO 5.13% of their portfolio PORTLAND, ME 2,875,5452.9m $185.0m $185.0m 5.13% Added +198.3k +198,342
58 Allspring Global Investments Holdings, LLC 0.33% of their portfolio CHARLOTTE, NC 2,862,9232.9m $184.2m $184.2m 0.33% Added +19.4k +19,450
59 Creative Planning 0.25% of their portfolio OVERLAND PARK, KS 2,855,8882.9m $183.8m $183.8m 0.25% Added +299.0k +298,998
60 COMMONWEALTH EQUITY SERVICES, LLC 0.36% of their portfolio WALTHAM, MA 2,718,3632.7m $174.9m $174.9m 0.36% Added +15.0k +15,046
61 MISSION WEALTH MANAGEMENT, LP 6.45% of their portfolio Santa Barbara, CA 2,648,9572.6m $170.5m $170.5m 6.45% Added +354.7k +354,749
62 Haverford Trust Co 2.05% of their portfolio Radnor, PA 2,615,6562.6m $168.3m $168.3m 2.05% Reduced -77.0k -76,974
63 FIRST HAWAIIAN BANK 5.73% of their portfolio HONOLULU, HI 2,615,5072.6m $168.3m $168.3m 5.73% Reduced -10.4k -10,414
64 GREENLEAF TRUST 1.93% of their portfolio KALAMAZOO, MI 2,605,1632.6m $167.6m $167.6m 1.93% Added +56.3k +56,255
65 NATIXIS ADVISORS, LLC 0.50% of their portfolio Boston, MA 2,560,0042.6m $164.7m $164.7m 0.50% Added +2.1m +2,089,356
66 First Command Advisory Services, Inc. 2.11% of their portfolio FORT WORTH, TX 2,486,2382.5m $160.0m $160.0m 2.11% Added +2.5m +2,486,211
67 CREDIT SUISSE AG/ 0.16% of their portfolio ZURICH, V8 2,474,0002.5m $159.2m $159.2m 0.16% Unchanged
68 BROWN BROTHERS HARRIMAN & CO 1.39% of their portfolio NEW YORK, NY 2,438,8952.4m $156.9m $156.9m 1.39% Reduced -101.4k -101,374
69 Balentine LLC 5.24% of their portfolio ATLANTA, GA 2,437,8612.4m $156.9m $156.9m 5.24% Added +86.4k +86,364
70 RiverFront Investment Group, LLC 5.52% of their portfolio RICHMOND, VA 2,420,7352.4m $155.8m $155.8m 5.52% Reduced -612.8k -612,759
71 Retirement Investment Advisors, Inc. 13.92% of their portfolio OKLAHOMA CITY, OK 2,376,4812.4m $152.9m $152.9m 13.92% Added +704.2k +704,203
72 NORTHERN TRUST CORP 0.03% of their portfolio CHICAGO, IL 2,338,8772.3m $150.5m $150.5m 0.03% Reduced -305.9k -305,852
73 MML INVESTORS SERVICES, LLC 0.82% of their portfolio SPRINGFIELD, MA 2,297,4982.3m $147.8m $147.8m 0.82% Added +363.0k +362,996
74 Modera Wealth Management, LLC 2.79% of their portfolio WESTWOOD, NJ 2,296,8882.3m $147.8m $147.8m 2.79% Added +112.8k +112,817
75 Pure Financial Advisors, LLC 5.94% of their portfolio SAN DIEGO, CA 2,256,7732.3m $145.2m $145.2m 5.94% Added +18.7k +18,743
76 Passaic Partners LLC 26.21% of their portfolio NEWARK, NJ 2,240,0002.2m $144.1m $144.1m 26.21% Reduced -29.6k -29,624
77 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 3.96% of their portfolio MINNEAPOLIS, MN 2,199,3552.2m $141.5m $141.5m 3.96% Added +4.8k +4,824
78 CITIZENS FINANCIAL GROUP INC/RI 5.63% of their portfolio PROVIDENCE, RI 2,147,1162.1m $138.2m $138.2m 5.63% Added +92.3k +92,342
79 Matson Money. Inc. 4.88% of their portfolio MASON, OH 2,098,5062.1m $135.0m $135.0m 4.88% Added +17.3k +17,326
80 J.P. Morgan Private Wealth Advisors LLC 0.38% of their portfolio SAN FRANCISCO, CA 2,091,1472.1m $134.6m $134.6m 0.38% Reduced -3.5k -3,526
81 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.07% of their portfolio Toronto, A6 1,969,9872.0m $126.8m $126.8m 0.07% Added +109.7k +109,725
82 MACQUARIE GROUP LTD 0.15% of their portfolio Sydney, NSW 2000, C3 1,920,1161.9m $123.6m $123.6m 0.15% Added +233.4k +233,440
83 Corient Private Wealth LP 0.33% of their portfolio MIAMI, FL 1,904,1441.9m $143.4m $143.4m 0.33% Added +340.9k +340,874
84 Alaska Permanent Capital Management, LLC 10.71% of their portfolio ANCHORAGE, AK 1,881,7511.9m $120.9m $120.9m 10.71% Added +37.0k +37,005
85 JANE STREET GROUP, LLC 0.18% of their portfolio NEW YORK, NY 1,804,5061.8m $116.1m $116.1m 0.18% Added +1.7m +1,714,668
86 CKW FINANCIAL GROUP 17.07% of their portfolio HONOLULU, HI 1,739,6761.7m $111.9m $111.9m 17.07% Added +57.1k +57,051
87 HALBERT HARGROVE GLOBAL ADVISORS, LLC 8.43% of their portfolio LONG BEACH, CA 1,737,3561.7m $111.8m $111.8m 8.43% Added +20.5k +20,473
88 Truepoint, Inc. 3.56% of their portfolio CINCINNATI, OH 1,720,2441.7m $110.7m $110.7m 3.56% Reduced -22.6k -22,631
89 Cetera Advisor Networks LLC 0.69% of their portfolio EL SEGUNDO, CA 1,705,2781.7m $109.7m $109.7m 0.69% Added +311.7k +311,698
90 Mirae Asset Global Investments Co., Ltd. 0.24% of their portfolio SEOUL, M5 1,692,4881.7m $108.9m $108.9m 0.24% Added +97.3k +97,340
91 Heritage Wealth Advisors 5.79% of their portfolio RICHMOND, VA 1,650,9651.7m $106.2m $106.2m 5.79% Added +8.8k +8,790
92 First Business Financial Services, Inc. 13.41% of their portfolio MADISON, WI 1,635,0601.6m $105.2m $105.2m 13.41% Added +374 +374
93 WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio Boston, MA 1,624,8911.6m $104.6m $104.6m 0.02% Reduced -1.9m -1,850,273
94 Capital Analysts, LLC 5.33% of their portfolio FORT WASHINGTON, PA 1,488,8771.5m $95.8m $95.8m 5.33% Added +55.8k +55,809
95 Janney Montgomery Scott LLC 0.36% of their portfolio PHILADELPHIA, PA 1,484,6541.5m $95.5m $95.5m 0.36% Reduced -113.9k -113,904
96 Avidian Wealth Enterprises, LLC 6.72% of their portfolio Houston, TX 1,482,3171.5m $95.4m $95.4m 6.72% Added +9.0k +8,977
97 Global Strategic Investment Solutions, LLC 12.04% of their portfolio Scottsdale, AZ 1,451,9681.5m $93.4m $93.4m 12.04% Reduced -8.7k -8,653
98 Connecticut Wealth Management, LLC 6.35% of their portfolio FARMINGTON, CT 1,445,4001.4m $93.0m $93.0m 6.35% Added +85.2k +85,172
99 COMERICA BANK 0.48% of their portfolio DALLAS, TX 1,439,4451.4m $92.6m $92.6m 0.48% New
100 SigFig Wealth Management, LLC 3.63% of their portfolio SAN FRANCISCO, CA 1,406,8841.4m $90.6m $90.6m 3.63% Added +217.9k +217,877