Vault-13

ISHARES TR IEFA

CORE MSCI EAFE · ETP · CUSIP 46432F842

2,416 institutional holders +68 vs Q4 2025
1,612,358,1271.6bn shares reported held*
$145.5bnreported value*
160 new 1,099 added 757 reduced 88 sold out net bought ≈ $5.4bn (+59.4m 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 ($2.9bn this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $90.22. Options: 3 managers hold calls ($9.1m notional), 3 hold puts ($4.0m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

01k2k3kQ3 22: 1,416Q4 22: 1,527Q1 23: 1,555Q2 23: 1,585Q3 23: 1,588Q4 23: 1,748Q1 24: 1,788Q2 24: 1,816Q3 24: 1,858Q4 24: 2,004Q1 25: 2,041Q2 25: 2,110Q3 25: 2,136Q4 25: 2,348Q1 26: 2,4162,416Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 20221,416
Q4 20221,527
Q1 20231,555
Q2 20231,585
Q3 20231,588
Q4 20231,748
Q1 20241,788
Q2 20241,816
Q3 20241,858
Q4 20242,004
Q1 20252,041
Q2 20252,110
Q3 20252,136
Q4 20252,348
Q1 20262,416

Buyers vs sellers

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

Bought or addedCut or sold out
2k02kQ2 24: 953 bought or addedQ2 24: 685 cut or sold outQ3 24: 900 bought or addedQ3 24: 716 cut or sold outQ3 24Q4 24: 1,015 bought or addedQ4 24: 698 cut or sold outQ1 25: 929 bought or addedQ1 25: 872 cut or sold outQ1 25Q2 25: 1,155 bought or addedQ2 25: 778 cut or sold outQ3 25: 1,062 bought or addedQ3 25: 796 cut or sold outQ3 25Q4 25: 1,230 bought or addedQ4 25: 718 cut or sold outQ1 26: 1,259 bought or addedQ1 26: 845 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024953685
Q3 2024900716
Q4 20241,015698
Q1 2025929872
Q2 20251,155778
Q3 20251,062796
Q4 20251,230718
Q1 20261,259845

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ2 25 calls: $8.6mQ2 25 puts: $3.1mQ2 25P/C 0.37Q3 25 calls: $9.2mQ3 25 puts: $2.2mQ3 25P/C 0.24Q4 25 calls: $5.4mQ4 25 puts: $1.6mQ4 25P/C 0.30Q1 26 calls: $9.1mQ1 26 puts: $4.0mQ1 26P/C 0.44
Numbers
QuarterCallsPutsP/C
Q2 2025$8.6m$3.1m0.37
Q3 2025$9.2m$2.2m0.24
Q4 2025$5.4m$1.6m0.30
Q1 2026$9.1m$4.0m0.44

Biggest buyers

UBS Group AG Added +47,841,826+47.8m
ENVESTNET ASSET MANAGEMENT INC Added +15,977,100+16.0m
JONES FINANCIAL COMPANIES LLLP Added +7,829,374+7.8m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +7,352,223+7.4m
WELLS FARGO & COMPANY/MN Added +6,063,470+6.1m
LPL Financial LLC Added +5,240,582+5.2m
BANK OF MONTREAL /CAN/ Added +4,018,275+4.0m
JANE STREET GROUP, LLC Added +3,131,435+3.1m
Bank of New York Mellon Corp Added +2,957,022+3.0m
PRUDENTIAL FINANCIAL INC Added +2,907,067+2.9m

Biggest sellers

TIAA TRUST, NATIONAL ASSOCIATION Reduced -45,088,881-45.1m
BANK OF AMERICA CORP /DE/ Reduced -24,667,309-24.7m
Envestnet Portfolio Solutions, Inc. Reduced -6,020,726-6.0m
Corient Private Wealth LP Reduced -3,168,771-3.2m
GOLDMAN SACHS GROUP INC Reduced -2,427,215-2.4m
MISSION WEALTH MANAGEMENT, LP Reduced -1,738,032-1.7m
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. Reduced -1,105,166-1.1m
HSBC HOLDINGS PLC Reduced -1,074,052-1.1m
Allspring Global Investments Holdings, LLC Reduced -1,017,834-1.0m
WELLINGTON MANAGEMENT GROUP LLP Reduced -909,431-909.4k

Biggest calls

CITADEL ADVISORS LLC New $4.7m52.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $4.0m43.7k shares
JANE STREET GROUP, LLC Added $434.5k4.8k shares

Biggest puts

JANE STREET GROUP, LLC New $2.1m23.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.3m14.6k shares
IMC-Chicago, LLC New $497.9k5.5k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 1.34% of their portfolio CHARLOTTE, NC 203,094,934203.1m $18.4bn $18.4bn 1.34% Reduced -24.7m -24,667,309
2 JONES FINANCIAL COMPANIES LLLP 4.56% of their portfolio DES PERES, MO 108,462,596108.5m $9.5bn $9.5bn 4.56% Added +7.8m +7,829,374
3 MORGAN STANLEY 0.57% of their portfolio NEW YORK, NY 105,157,541105.2m $9.5bn $9.5bn 0.57% Added +274.3k +274,293
4 WELLS FARGO & COMPANY/MN 1.54% of their portfolio SAN FRANCISCO, CA 85,182,34585.2m $7.7bn $7.7bn 1.54% Added +6.1m +6,063,470
5 UBS Group AG 1.11% of their portfolio ZURICH, V8 69,333,01169.3m $6.3bn $6.3bn 1.11% Added +47.8m +47,841,826
6 ENVESTNET ASSET MANAGEMENT INC 1.23% of their portfolio Berwyn, PA 50,861,59450.9m $4.6bn $4.6bn 1.23% Added +16.0m +15,977,100
7 LPL Financial LLC 1.11% of their portfolio FORT MILL, SC 46,029,51546.0m $4.2bn $4.2bn 1.11% Added +5.2m +5,240,582
8 RAYMOND JAMES FINANCIAL INC 1.25% of their portfolio ST. PETERSBURG, FL 44,654,40144.7m $4.0bn $4.0bn 1.25% Added +1.5m +1,509,679
9 Bank of New York Mellon Corp 0.63% of their portfolio NEW YORK, NY 38,117,52138.1m $3.5bn $3.5bn 0.63% Added +3.0m +2,957,022
10 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 2.03% of their portfolio MILWAUKEE, WI 36,342,28236.3m $3.3bn $3.3bn 2.03% Added +1.3m +1,343,355
11 US BANCORP \DE\ 3.92% of their portfolio MINNEAPOLIS, MN 35,665,87035.7m $3.2bn $3.2bn 3.92% Added +546.7k +546,747
12 BlackRock, Inc. 0.05% of their portfolio New York, NY 34,138,00434.1m $3.1bn $3.1bn 0.05% Added +2.6m +2,621,084
13 FMR LLC 0.14% of their portfolio BOSTON, MA 28,383,95528.4m $2.6bn $2.6bn 0.14% Added +2.2m +2,189,787
14 TIAA Wealth Investment Management LLC 16.96% of their portfolio New York, NY 25,333,75025.3m $2.2bn $2.2bn 16.96% First filing
15 GOLDMAN SACHS GROUP INC 0.25% of their portfolio NEW YORK, NY 21,168,84021.2m $1.9bn $1.9bn 0.25% Reduced -2.4m -2,427,215
16 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 6.73% of their portfolio CHARLOTTE, NC 19,326,47319.3m $1.7bn $1.7bn 6.73% First filing
17 TRUIST FINANCIAL CORP 2.34% of their portfolio CHARLOTTE, NC 19,125,35719.1m $1.7bn $1.7bn 2.34% Added +1.6m +1,568,174
18 JPMORGAN CHASE & CO 0.11% of their portfolio NEW YORK, NY 18,959,49719.0m $1.7bn $1.7bn 0.11% Added +782.3k +782,333
19 PNC Financial Services Group, Inc. 0.88% of their portfolio Pittsburgh, PA 16,811,16716.8m $1.5bn $1.5bn 0.88% Added +68.6k +68,617
20 BANK OF MONTREAL /CAN/ 0.61% of their portfolio TORONTO, A6 16,514,19916.5m $1.5bn $1.5bn 0.61% Added +4.0m +4,018,275
21 AMERIPRISE FINANCIAL INC 0.32% of their portfolio MINNEAPOLIS, MN 15,413,13815.4m $1.4bn $1.4bn 0.32% Added +2.0m +1,963,442
22 M&T Bank Corp 4.09% of their portfolio BUFFALO, NY 13,195,10313.2m $1.2bn $1.2bn 4.09% Reduced -493.5k -493,486
23 STIFEL FINANCIAL CORP 0.96% of their portfolio ST. LOUIS, MO 11,481,02511.5m $1.0bn $1.0bn 0.96% Added +365.7k +365,699
24 Cetera Investment Advisers 1.11% of their portfolio SCHAUMBURG, IL 11,479,18011.5m $1.0bn $1.0bn 1.11% Added +720.5k +720,499
25 Cerity Partners LLC 1.46% of their portfolio NEW YORK, NY 11,358,89311.4m $1.0bn $1.0bn 1.46% Added +142.8k +142,850
26 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.19% of their portfolio NEW YORK, NY 10,245,00010.2m $927.5m $927.5m 0.19% Added +7.4m +7,352,223
27 KEYBANK NATIONAL ASSOCIATION/OH 3.37% of their portfolio BROOKLYN, OH 10,187,43210.2m $922.3m $922.3m 3.37% Added +822.6k +822,623
28 Mariner, LLC 1.03% of their portfolio Overland Park, KS 9,746,9399.7m $881.9m $881.9m 1.03% Added +20.2k +20,179
29 Betterment LLC 1.59% of their portfolio NEW YORK, NY 9,262,5069.3m $838.5m $838.5m 1.59% Reduced -346.4k -346,397
30 ROYAL BANK OF CANADA 0.15% of their portfolio TORONTO, A6 8,847,5588.8m $801.0m $801.0m 0.15% Added +28.0k +28,030
31 ASSETMARK, INC 1.62% of their portfolio CONCORD, CA 8,778,3218.8m $794.7m $794.7m 1.62% Added +413.3k +413,330
32 Ballentine Partners, LLC 8.40% of their portfolio Waltham, MA 6,663,0556.7m $603.2m $603.2m 8.40% Added +267.6k +267,559
33 ALLIANCEBERNSTEIN L.P. 0.19% of their portfolio NASHVILLE, TN 6,596,8436.6m $590.2m $590.2m 0.19% Added +148.3k +148,313
34 Baird Financial Group, Inc. 0.87% of their portfolio MILWAUKEE, WI 6,173,9516.2m $558.9m $558.9m 0.87% Added +305.1k +305,071
35 Dynasty Wealth Management, LLC 4.69% of their portfolio ST. PETERSBURG, FL 5,936,8005.9m $537.5m $537.5m 4.69% Added +754.2k +754,249
36 HighTower Advisors, LLC 0.55% of their portfolio CHICAGO, IL 5,692,8025.7m $515.4m $515.4m 0.55% Added +229.4k +229,435
37 Cresset Asset Management, LLC 2.19% of their portfolio Chicago, IL 5,580,3055.6m $505.2m $505.2m 2.19% Added +159.9k +159,858
38 FIFTH THIRD BANCORP 0.89% of their portfolio CINCINNATI, OH 5,380,3185.4m $487.1m $487.1m 0.89% Added +1.8m +1,821,551
39 PRUDENTIAL FINANCIAL INC 0.59% of their portfolio NEWARK, NJ 5,317,7415.3m $481.4m $481.4m 0.59% Added +2.9m +2,907,067
40 UNITED CAPITAL FINANCIAL ADVISORS, LLC 2.82% of their portfolio IRVING, TX 5,062,0785.1m $456.8m $456.8m 2.82% Added +93.4k +93,408
41 FRANKLIN RESOURCES INC 0.11% of their portfolio San Mateo, CA 5,045,6645.0m $456.8m $456.8m 0.11% Added +732.0k +732,007
42 FLPUTNAM INVESTMENT MANAGEMENT CO 6.77% of their portfolio PORTLAND, ME 5,018,1865.0m $454.3m $454.3m 6.77% Reduced -228.8k -228,796
43 Pure Financial Advisors, LLC 6.08% of their portfolio SAN DIEGO, CA 4,678,2554.7m $423.5m $423.5m 6.08% Added +81.8k +81,799
44 MERCER GLOBAL ADVISORS INC /ADV 0.62% of their portfolio DENVER, CO 4,638,1384.6m $419.9m $419.9m 0.62% Added +656.1k +656,054
45 Mill Creek Capital Advisors, LLC 8.62% of their portfolio Conshohocken, PA 4,635,3344.6m $419.6m $419.6m 8.62% Added +231.5k +231,507
46 Fiduciary Trust Co 4.90% of their portfolio Boston, MA 4,574,7364.6m $414.2m $414.2m 4.90% Added +40.9k +40,861
47 BROWN BROTHERS HARRIMAN & CO 2.07% of their portfolio NEW YORK, NY 4,269,6094.3m $386.5m $386.5m 2.07% Added +1.3m +1,307,991
48 VANTAGEPOINT INVESTMENT ADVISERS LLC 3.25% of their portfolio WASHINGTON, DC 4,232,4594.2m $383.2m $383.2m 3.25% Reduced -228.1k -228,125
49 MML INVESTORS SERVICES, LLC 1.01% of their portfolio SPRINGFIELD, MA 4,020,3744.0m $364.0m $364.0m 1.01% Reduced -87.5k -87,498
50 Hirtle & Co., LLC 12.23% of their portfolio WEST CONSHOHOCKEN, PA 3,942,5043.9m $356.9m $356.9m 12.23% Added +155.0k +154,999
51 Members Trust Co 11.71% of their portfolio TAMPA, FL 3,893,4393.9m $352.5m $352.5m 11.71% Added +847.5k +847,463
52 SIGNATUREFD, LLC 5.05% of their portfolio ATLANTA, GA 3,637,2973.6m $329.3m $329.3m 5.05% Added +106.4k +106,426
53 GRIMES & Co WEALTH MANAGEMENT, LLC 8.97% of their portfolio WESTBOROUGH, MA 3,578,0923.6m $323.9m $323.9m 8.97% Added +2.6k +2,630
54 Bell Bank 13.63% of their portfolio FARGO, ND 3,550,6783.6m $321.4m $321.4m 13.63% Added +93.7k +93,744
55 SEI INVESTMENTS CO 0.30% of their portfolio OAKS, PA 3,541,6233.5m $320.6m $320.6m 0.30% Reduced -108.0k -107,960
56 Modera Wealth Management, LLC 3.83% of their portfolio WESTWOOD, NJ 3,526,6173.5m $319.3m $319.3m 3.83% Added +22.7k +22,749
57 Allspring Global Investments Holdings, LLC 0.54% of their portfolio CHARLOTTE, NC 3,492,4043.5m $321.0m $321.0m 0.54% Reduced -1.0m -1,017,834
58 TD PRIVATE CLIENT WEALTH LLC 6.37% of their portfolio NEW YORK, NY 3,394,3213.4m $307.3m $307.3m 6.37% Added +261.7k +261,720
59 Corient Private Wealth LP 0.43% of their portfolio MIAMI, FL 3,345,7133.3m $302.0m $302.0m 0.43% Reduced -3.2m -3,168,771
60 &PARTNERS 1.48% of their portfolio NASHVILLE, TN 3,304,6883.3m $299.4m $299.4m 1.48% Added +168.9k +168,924
61 RiverFront Investment Group, LLC 4.59% of their portfolio RICHMOND, VA 3,274,6603.3m $296.5m $296.5m 4.59% Added +119.6k +119,638
62 JANE STREET GROUP, LLC 0.31% of their portfolio NEW YORK, NY 3,137,1933.1m $284.0m $284.0m 0.31% Added +3.1m +3,131,435
63 Stairway Partners, LLC 14.48% of their portfolio MINNEAPOLIS, MN 3,088,0393.1m $279.6m $279.6m 14.48% Reduced -9.6k -9,558
64 Heritage Wealth Advisors 10.92% of their portfolio RICHMOND, VA 3,086,3753.1m $279.4m $279.4m 10.92% Added +227.6k +227,620
65 Haverford Trust Co 2.46% of their portfolio Radnor, PA 2,963,9543.0m $268.3m $268.3m 2.46% Added +111.1k +111,133
66 Steward Partners Investment Advisory, LLC 1.34% of their portfolio STAMFORD, CT 2,895,2692.9m $262.1m $262.1m 1.34% Added +60.0k +60,038
67 Focus Partners Wealth 0.29% of their portfolio ST LOUIS, MO 2,890,1962.9m $261.7m $261.7m 0.29% Reduced -54.9k -54,869
68 Envestnet Portfolio Solutions, Inc. 1.44% of their portfolio BERWYN, PA 2,883,4982.9m $261.0m $261.0m 1.44% Reduced -6.0m -6,020,726
69 Rockefeller Capital Management L.P. 0.46% of their portfolio NEW YORK, NY 2,876,9942.9m $260.5m $260.5m 0.46% Added +256.2k +256,226
70 NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.44% of their portfolio PHILADELPHIA, PA 2,852,6372.9m $258.2m $258.2m 0.44% Reduced -1.1m -1,105,166
71 COMMONWEALTH EQUITY SERVICES, LLC 0.36% of their portfolio WALTHAM, MA 2,849,6802.8m $258.0m $258.0m 0.36% Reduced -328.7k -328,720
72 Wealthquest Corp 9.35% of their portfolio CINCINNATI, OH 2,841,2772.8m $255.7m $255.7m 9.35% Added +1.4m +1,434,765
73 Creative Planning 0.17% of their portfolio OVERLAND PARK, KS 2,753,1222.8m $249.2m $249.2m 0.17% Added +69.5k +69,482
74 MONETA GROUP INVESTMENT ADVISORS LLC 1.83% of their portfolio ST LOUIS, MO 2,684,3022.7m $243.0m $243.0m 1.83% Added +159.1k +159,101
75 First Command Advisory Services, Inc. 1.59% of their portfolio FORT WORTH, TX 2,607,1492.6m $236.0m $236.0m 1.59% Reduced -6.5k -6,526
76 HANTZ FINANCIAL SERVICES, INC. 3.56% of their portfolio SOUTHFIELD, MI 2,581,0352.6m $233.7m $233.7m 3.56% Added +216.7k +216,735
77 Quotient Wealth Partners, LLC 6.13% of their portfolio DALLAS, TX 2,574,7752.6m $233.1m $233.1m 6.13% Added +207.6k +207,631
78 Connecticut Wealth Management, LLC 9.75% of their portfolio FARMINGTON, CT 2,571,2882.6m $232.8m $232.8m 9.75% Added +235.1k +235,054
79 NATIXIS ADVISORS, LLC 0.32% of their portfolio Boston, MA 2,509,3382.5m $227.2m $227.2m 0.32% Added +698.0k +697,956
80 Dixon Mitchell Investment Counsel Inc. 7.79% of their portfolio VANCOUVER, A1 2,476,3532.5m $224.2m $224.2m 7.79% Reduced -298.7k -298,714
81 Investure, LLC 10.94% of their portfolio CHARLOTTESVILLE, VA 2,464,2112.5m $223.1m $223.1m 10.94% Added +396.1k +396,092
82 Nationwide Fund Advisors 9.56% of their portfolio COLUMBUS, OH 2,412,9702.4m $218.4m $218.4m 9.56% Reduced -219.1k -219,130
83 MAI Capital Management 1.24% of their portfolio INDEPENDENCE, OH 2,407,5022.4m $218.0m $218.0m 1.24% Added +85.8k +85,809
84 Janney Montgomery Scott LLC 0.53% of their portfolio PHILADELPHIA, PA 2,365,6352.4m $214.2m $214.2m 0.53% Added +846.4k +846,387
85 OpenArc Corporate Advisory, LLC 3.04% of their portfolio ATLANTA, GA 2,342,9502.3m $212.1m $212.1m 3.04% Added +210.6k +210,607
86 CITIZENS FINANCIAL GROUP INC/RI 2.88% of their portfolio PROVIDENCE, RI 2,288,0692.3m $207.1m $207.1m 2.88% Added +60.5k +60,458
87 Matson Money. Inc. 6.25% of their portfolio MASON, OH 2,252,2272.3m $203.9m $203.9m 6.25% Added +4.9k +4,943
88 OSAIC HOLDINGS, INC. 0.29% of their portfolio SCOTTSDALE, AZ 2,206,5562.2m $199.8m $199.8m 0.29% Added +168.9k +168,915
89 CHOREO, LLC 2.45% of their portfolio ROCKFORD, IL 2,200,6952.2m $199.2m $199.2m 2.45% Added +163.6k +163,645
90 NORTHERN TRUST CORP 0.03% of their portfolio CHICAGO, IL 2,181,4072.2m $197.5m $197.5m 0.03% Reduced -363.3k -363,269
91 CKW FINANCIAL GROUP 21.72% of their portfolio HONOLULU, HI 2,167,0282.2m $199.2m $199.2m 21.72% Added +8.5k +8,536
92 Balentine LLC 7.86% of their portfolio ATLANTA, GA 2,154,4932.2m $195.0m $195.0m 7.86% Reduced -49.2k -49,194
93 GREENLEAF TRUST 1.90% of their portfolio KALAMAZOO, MI 2,137,0422.1m $193.5m $193.5m 1.90% Reduced -121.2k -121,174
94 NEUBERGER BERMAN GROUP LLC 0.15% of their portfolio NEW YORK, NY 2,133,2562.1m $193.1m $193.1m 0.15% Added +491.0k +491,045
95 Retirement Investment Advisors, Inc. 15.02% of their portfolio OKLAHOMA CITY, OK 2,085,5632.1m $186.6m $186.6m 15.02% Added +2.2k +2,210
96 Passaic Partners LLC 22.33% of their portfolio NEWARK, NJ 2,036,6002.0m $184.4m $184.4m 22.33% Reduced -219.3k -219,336
97 Nuveen, LLC 0.05% of their portfolio CHARLOTTE, NC 2,034,0112.0m $184.1m $184.1m 0.05% Added +285.2k +285,181
98 FIRST CITIZENS BANK & TRUST CO 3.85% of their portfolio RALEIGH, NC 2,018,0492.0m $182.7m $182.7m 3.85% Added +125.7k +125,686
99 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.40% of their portfolio PLYMOUTH, MN 1,973,9722.0m $180.0m $180.0m 0.40% Reduced -546.2k -546,220
100 Johnson Financial Group, Inc. 6.34% of their portfolio RACINE, WI 1,934,3751.9m $175.1m $175.1m 6.34% Added +123.1k +123,084