Vault-13

ISHARES TR ICVT

CONV BD ETF · ETP · CUSIP 46435G102

356 institutional holders +6 vs Q4 2024
19,875,08419.9m shares reported held*
$1.7bnreported value*
39 new 170 added 100 reduced 31 sold out net sold ≈ $8.5m (-97.0k 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 ($8.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $83.58. Options: 4 managers hold calls ($2.8m notional), 2 hold puts ($861.2k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 303Q4 22: 319Q1 23: 224Q2 23: 212Q3 23: 212Q4 23: 232Q1 24: 274Q2 24: 303Q3 24: 304Q4 24: 350Q1 25: 356356Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022303
Q4 2022319
Q1 2023224
Q2 2023212
Q3 2023212
Q4 2023232
Q1 2024274
Q2 2024303
Q3 2024304
Q4 2024350
Q1 2025356

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 93 bought or addedQ2 23: 125 cut or sold outQ3 23: 112 bought or addedQ3 23: 99 cut or sold outQ3 23Q4 23: 116 bought or addedQ4 23: 101 cut or sold outQ1 24: 186 bought or addedQ1 24: 88 cut or sold outQ1 24Q2 24: 182 bought or addedQ2 24: 109 cut or sold outQ3 24: 178 bought or addedQ3 24: 125 cut or sold outQ3 24Q4 24: 226 bought or addedQ4 24: 85 cut or sold outQ1 25: 209 bought or addedQ1 25: 131 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 202393125
Q3 202311299
Q4 2023116101
Q1 202418688
Q2 2024182109
Q3 2024178125
Q4 202422685
Q1 2025209131

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ2 24 calls: $2.1mQ2 24 puts: $15.7kQ2 24P/C 0.01Q3 24 calls: $1.8mQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $1.6mQ4 24 puts: $543.8kQ4 24P/C 0.34Q1 25 calls: $2.8mQ1 25 puts: $861.2kQ1 25P/C 0.31
Numbers
QuarterCallsPutsP/C
Q2 2024$2.1m$15.7k0.01
Q3 2024$1.8m$00.00
Q4 2024$1.6m$543.8k0.34
Q1 2025$2.8m$861.2k0.31

Biggest buyers

GOLDMAN SACHS GROUP INC Added +334,100+334.1k
BANK OF AMERICA CORP /DE/ Added +252,106+252.1k
DEUTSCHE BANK AG\ New +248,000+248.0k
BlueStem Wealth Partners, LLC Added +165,825+165.8k
OSAIC HOLDINGS, INC. Added +124,352+124.4k
Systelligence, LLC New +79,328+79.3k
Elequin Capital, LP New +74,362+74.4k
Ameritas Advisory Services, LLC New +65,385+65.4k
ENVESTNET ASSET MANAGEMENT INC Added +54,513+54.5k
Onyx Bridge Wealth Group LLC Added +44,818+44.8k

Biggest sellers

1832 Asset Management L.P. Reduced -542,665-542.7k
BANK OF NOVA SCOTIA Sold out -399,700-399.7k
Ocean Park Asset Management, LLC Sold out -356,700-356.7k
ASSETMARK, INC Reduced -165,024-165.0k
Redhawk Wealth Advisors, Inc. Sold out -109,694-109.7k
New York Life Investment Management LLC Reduced -52,679-52.7k
Friedenthal Financial Sold out -51,972-52.0k
Financial Sense Advisors, Inc. Sold out -49,309-49.3k
Q3 Asset Management Sold out -47,278-47.3k
AE Wealth Management LLC Reduced -46,542-46.5k

Biggest calls

SIMPLEX TRADING, LLC Added $2.3m66.4k shares
CITADEL ADVISORS LLC Reduced $326.1k3.9k shares
GROUP ONE TRADING LLC Added $123.4k5.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $451.5k5.4k shares
CITADEL ADVISORS LLC Added $409.7k4.9k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,706,2232.7m $226.3m $226.3m 0.02% Added +252.1k +252,106
2 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 1,523,8271.5m $127.4m $127.4m 0.04% Added +54.5k +54,513
3 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,252,0001.3m $104.7m $104.7m 0.02% Added +334.1k +334,100
4 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 948,047948.0k $79.3m $79.3m 0.03% Added +2.7k +2,707
5 AMG National Trust Bank 1.15% of their portfolio GREENWOOD VILLAGE, CO 488,995489.0k $40.9m $40.9m 1.15% Added +9.2k +9,173
6 BlackRock, Inc. 0.00% of their portfolio New York, NY 456,220456.2k $38.1m $38.1m 0.00% Added +28.7k +28,655
7 Advisory Alpha, LLC 1.26% of their portfolio HOLLAND, MI 444,378444.4k $37.1m $37.1m 1.26% Added +1.0k +1,040
8 GREENLEAF TRUST 0.34% of their portfolio KALAMAZOO, MI 443,129443.1k $37.1m $37.1m 0.34% Added +12.7k +12,717
9 New York Life Investment Management LLC 0.37% of their portfolio New York, NY 439,951440.0k $36.8m $36.8m 0.37% Reduced -52.7k -52,679
10 Lebenthal Global Advisors, LLC 6.55% of their portfolio Hauppauge, NY 417,681417.7k $34.9m $34.9m 6.55% Reduced -590 -590
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 375,627375.6k $31.4m $31.4m 0.00% Added +12.9k +12,870
12 Howard Capital Management, LLC 0.71% of their portfolio Alpharetta, GA 338,606338.6k $28.3m $28.3m 0.71% Added +706 +706
13 Prestige Wealth Management Group LLC 5.70% of their portfolio FLEMINGTON, NJ 318,815318.8k $26.7m $26.7m 5.70% Added +4.6k +4,554
14 Baker Avenue Asset Management, LP 0.83% of their portfolio SAN FRANCISCO, CA 315,977316.0k $26.4m $26.4m 0.83% Added +42.7k +42,733
15 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 280,773280.8k $23.5m $23.5m 0.00% Reduced -21.3k -21,301
16 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 276,400276.4k $23.1m $23.1m 0.01% Unchanged
17 Pictet North America Advisors SA 2.14% of their portfolio GENEVA 73, V8 255,794255.8k $21.4m $21.4m 2.14% Added +26.5k +26,494
18 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 248,000248.0k $20.7m $20.7m 0.01% New
19 CWM, LLC 0.08% of their portfolio OMAHA, NE 225,798225.8k $18.9m $18.9m 0.08% Added +3.6k +3,597
20 Tradewinds Capital Management, LLC 4.66% of their portfolio BELLINGHAM, WA 207,791207.8k $17.4m $17.4m 4.66% Added +200 +200
21 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 205,632205.6k $17.2m $17.2m 0.00% Added +18.5k +18,498
22 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 205,311205.3k $17.2m $17.2m 0.04% Added +124.4k +124,352
23 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 203,737203.7k $17.0m $17.0m 0.03% Reduced -27.8k -27,794
24 BlueStem Wealth Partners, LLC 2.26% of their portfolio MINNETONKA, MN 198,516198.5k $16.6m $16.6m 2.26% Added +165.8k +165,825
25 OneDigital Investment Advisors LLC 0.18% of their portfolio OVERLAND PARK, KS 183,228183.2k $15.3m $15.3m 0.18% Added +2.3k +2,331
26 CacheTech Inc. 2.81% of their portfolio LOGAN, UT 174,968175.0k $14.4m $14.4m 2.81% Reduced -3.8k -3,790
27 NOMURA ASSET MANAGEMENT CO LTD 0.04% of their portfolio TOKYO, M0 174,636174.6k $14.6m $14.6m 0.04% Unchanged
28 Adams Wealth Management 2.83% of their portfolio LOGAN, UT 172,416172.4k $14.4m $14.4m 2.83% Reduced -4.0k -3,962
29 Certified Advisory Corp 1.57% of their portfolio ALTAMONTE SPRINGS, FL 165,636165.6k $13.8m $13.8m 1.57% Reduced -2.5k -2,458
30 Cornerstone Planning Group LLC 3.28% of their portfolio FAIRFIELD, NJ 164,936164.9k $13.7m $13.7m 3.28% Added +1.2k +1,175
31 TME FINANCIAL, INC. 11.45% of their portfolio Huntington Beach, CA 157,641157.6k $13.2m $13.2m 11.45% Added +14.9k +14,905
32 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 0.75% of their portfolio SAN FRANCISCO, CA 155,237155.2k $13.0m $13.0m 0.75% Added +7.5k +7,522
33 Envestnet Portfolio Solutions, Inc. 0.05% of their portfolio BERWYN, PA 151,297151.3k $12.6m $12.6m 0.05% Reduced -31.4k -31,443
34 360 Financial, Inc. 4.42% of their portfolio WAYZATA, MN 146,217146.2k $12.2m $12.2m 4.42% Added +4.8k +4,850
35 Onyx Bridge Wealth Group LLC 1.62% of their portfolio TARRYTOWN, NY 135,012135.0k $11.3m $11.3m 1.62% Added +44.8k +44,818
36 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 133,840133.8k $11.2m $11.2m 0.04% Added +2.0k +2,019
37 Insight Wealth Strategies, LLC 1.45% of their portfolio SAN RAMON, CA 128,760128.8k $10.8m $10.8m 1.45% Added +1.5k +1,483
38 AIRE ADVISORS, LLC 2.13% of their portfolio BEVERLY HILLS, CA 121,140121.1k $10.1m $10.1m 2.13% Added +1.9k +1,861
39 1832 Asset Management L.P. 0.02% of their portfolio TORONTO, A6 120,693120.7k $10.1m $10.1m 0.02% Reduced -542.7k -542,665
40 GUGGENHEIM CAPITAL LLC 0.09% of their portfolio CHICAGO, IL 120,352120.4k $10.1m $10.1m 0.09% Added +6.3k +6,331
41 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 119,923119.9k $10.5m $10.5m 0.02% Unchanged
42 Hilltop Partners LLC 3.24% of their portfolio MISHAWAKA, IN 114,737114.7k $9.6m $9.6m 3.24% Added +23.6k +23,620
43 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 105,415105.4k $8.8m $8.8m 0.01% Added +6.1k +6,146
44 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 99,79399.8k $8.3m $8.3m 0.00% Added +56 +56
45 UBS Group AG 0.00% of their portfolio ZURICH, V8 94,84894.8k $7.9m $7.9m 0.00% Added +12.2k +12,233
46 ASSETMARK, INC 0.02% of their portfolio CONCORD, CA 94,34794.3k $7.9m $7.9m 0.02% Reduced -165.0k -165,024
47 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 92,83092.8k $7.8m $7.8m 0.02% Reduced -19.4k -19,440
48 Foundations Investment Advisors, LLC 0.14% of their portfolio PHOENIX, AZ 91,59791.6k $7.7m $7.7m 0.14% Added +14.8k +14,843
49 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 91,23691.2k $7.6m $7.6m 0.05% Added +7.9k +7,886
50 PARK AVENUE SECURITIES LLC 0.08% of their portfolio NEW YORK, NY 80,12080.1k $6.7m $6.7m 0.08% Added +1.8k +1,823
51 Financial Gravity Asset Management, Inc. 1.46% of their portfolio Lakeway, TX 80,05980.1k $6.7m $6.7m 1.46% First filing
52 Systelligence, LLC 1.59% of their portfolio BLOOMINGTON, MN 79,32879.3k $6.6m $6.6m 1.59% New
53 SSI INVESTMENT MANAGEMENT LLC 0.51% of their portfolio Los Angeles, CA 77,85477.9k $6.5m $6.5m 0.51% Reduced -3.5k -3,504
54 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.05% of their portfolio IRVING, TX 75,83575.8k $6.3m $6.3m 0.05% Reduced -2.2k -2,226
55 Elequin Capital, LP 1.17% of their portfolio NEW YORK, NY 74,36274.4k $6.2m $6.2m 1.17% New
56 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 68,87768.9k $5.8m $5.8m 0.00% Added +3.4k +3,381
57 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 67,49967.5k $5.6m $5.6m 0.02% Added +5.0k +5,050
58 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 66,92166.9k $5.6m $5.6m 0.01% Reduced -3.8k -3,847
59 Mariner, LLC 0.01% of their portfolio Overland Park, KS 66,39766.4k $5.6m $5.6m 0.01% Added +40.8k +40,760
60 Ameritas Advisory Services, LLC 0.22% of their portfolio Lincoln, NE 65,38565.4k $5.5m $5.5m 0.22% New
61 Mascagni Wealth Management, Inc. 5.36% of their portfolio CLINTON, MS 64,39264.4k $5.4m $5.4m 5.36% Unchanged
62 Centerline Wealth Advisors, LLC 3.18% of their portfolio LOUISVILLE, KY 63,80863.8k $5.3m $5.3m 3.18% Reduced -1.0k -1,030
63 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 62,06662.1k $5.2m $5.2m 0.01% Reduced -40.3k -40,347
64 Equitable Holdings, Inc. 0.05% of their portfolio NEW YORK, NY 61,29161.3k $5.1m $5.1m 0.05% Added +3.5k +3,492
65 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 59,59359.6k $5.0m $5.0m 0.01% Added +5.6k +5,618
66 Sanctuary Advisors, LLC 0.03% of their portfolio INDIANAPOLIS, IN 59,20659.2k $5.0m $5.0m 0.03% Added +367 +367
67 CreativeOne Wealth, LLC 0.15% of their portfolio OVERLAND PARK, KS 58,21358.2k $4.9m $4.9m 0.15% Added +2.6k +2,595
68 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 54,76854.8k $4.6m $4.6m 0.00% Reduced -2.4k -2,363
69 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 53,95954.0k $4.5m $4.5m 0.01% Reduced -2.4k -2,370
70 Dynamic Advisor Solutions LLC 0.14% of their portfolio PHOENIX, AZ 51,94351.9k $4.3m $4.3m 0.14% Reduced -2.2k -2,237
71 IHT Wealth Management, LLC 0.13% of their portfolio Chicago, IL 51,28751.3k $4.3m $4.3m 0.13% Added +385 +385
72 Baron Financial Group, LLC 2.58% of their portfolio Fair Lawn, NJ 49,07149.1k $4.1m $4.1m 2.58% Added +253 +253
73 WETZEL INVESTMENT ADVISORS, INC. 2.03% of their portfolio INDIANAPOLIS, IN 48,11348.1k $4.0m $4.0m 2.03% Added +857 +857
74 FIG FINANCIAL ADVISORY SERVICES INC /ADV 2.83% of their portfolio OKLAHOMA CITY, OK 47,94947.9k $4.0m $4.0m 2.83% Reduced -8.5k -8,524
75 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 45,23245.2k $3.8m $3.8m 0.01% Added +1.8k +1,774
76 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 43,50043.5k $3.6m $3.6m 0.00% New
77 HORIZON FINANCIAL SERVICES, LLC 1.96% of their portfolio WINSTON SALEM, NC 42,01242.0k $3.5m $3.5m 1.96% Added +1.3k +1,308
78 Central Pacific Bank - Trust Division 0.47% of their portfolio HONOLULU, HI 40,40140.4k $3.4m $3.4m 0.47% Reduced -365 -365
79 Armor Investment Advisors, LLC 1.33% of their portfolio RALEIGH, NC 38,50038.5k $3.2m $3.2m 1.33% New
80 CAPITAL WEALTH MANAGEMENT, LLC 1.31% of their portfolio W. WARWICK, RI 37,67737.7k $3.2m $3.2m 1.31% Added +147 +147
81 Florin Court Capital LLP 3.18% of their portfolio London, X0 36,70836.7k $3.1m $3.1m 3.18% Reduced -17.8k -17,800
82 CW Advisors, LLC 0.04% of their portfolio BOSTON, MA 35,50435.5k $3.0m $3.0m 0.04% New
83 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 32,41032.4k $2.7m $2.7m 0.00% Added +7.6k +7,630
84 FFG RETIREMENT ADVISORS LLC 1.82% of their portfolio CENTENNIAL, CO 31,99332.0k $2.7m $2.7m 1.82% Added +29.3k +29,342
85 Ascent Group, LLC 0.11% of their portfolio VIRGINIA BEACH, VA 31,41131.4k $2.6m $2.6m 0.11% Added +19.7k +19,661
86 SteelPeak Wealth, LLC 0.11% of their portfolio WOODLAND HILLS, CA 31,27031.3k $2.6m $2.6m 0.11% Added +3.8k +3,831
87 Kestra Investment Management, LLC 0.04% of their portfolio AUSTIN, TX 31,02831.0k $2.4m $2.4m 0.04% Added +6.4k +6,393
88 B. Riley Wealth Advisors, Inc. 0.07% of their portfolio MEMPHIS, TN 29,28829.3k $2.4m $2.4m 0.07% Added +1.2k +1,234
89 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 28,53828.5k $2.4m $2.4m 0.01% Added +3.2k +3,234
90 Atria Investments, Inc 0.03% of their portfolio Charlotte, NC 27,59027.6k $2.3m $2.3m 0.03% Added +2.5k +2,465
91 Clark Capital Management Group, Inc. 0.02% of their portfolio PHILADELPHIA, PA 27,29527.3k $2.3m $2.3m 0.02% Reduced -394 -394
92 Merit Financial Group, LLC 0.03% of their portfolio ALPHARETTA, GA 25,73725.7k $2.2m $2.2m 0.03% Added +21.4k +21,439
93 TSA Wealth Managment LLC 0.83% of their portfolio HOUSTON, TX 25,02425.0k $2.1m $2.1m 0.83% Added +442 +442
94 CFS Investment Advisory Services, LLC 0.19% of their portfolio TOTOWA, NJ 24,99525.0k $2.1m $2.1m 0.19% Added +57 +57
95 IFP Advisors, Inc 0.06% of their portfolio TAMPA, FL 24,83424.8k $2.1m $2.1m 0.06% Added +20.4k +20,419
96 Modern Wealth Management, LLC 0.06% of their portfolio KANSAS CITY, MO 24,25324.3k $2.0m $2.0m 0.06% Reduced -4 -4
97 Dynasty Wealth Management, LLC 0.03% of their portfolio ST. PETERSBURG, FL 24,22824.2k $2.0m $2.0m 0.03% Added +7.8k +7,756
98 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 22,80322.8k $1.9m $1.9m 0.00% First filing
99 Provident Wealth Management, LLC 0.66% of their portfolio BRENTWOOD, TN 22,80222.8k $1.9m $1.9m 0.66% Reduced -1.8k -1,792
100 KFG WEALTH MANAGEMENT, LLC 0.34% of their portfolio GRANGER, IN 22,43722.4k $1.9m $1.9m 0.34% Reduced -9.1k -9,101