Vault-13

ISHARES TR ICVT

CONV BD ETF · ETP · CUSIP 46435G102

407 institutional holders +20 vs Q4 2025
22,349,93922.3m shares reported held*
$2.3bnreported value*
70 new 121 added 178 reduced 46 sold out net bought ≈ $195.0m (+1.9m 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 ($28.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $101.88. Options: 4 managers hold calls ($1.6m notional), 0 hold puts (—).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 303Q4 22: 319Q1 23: 224Q2 23: 212Q3 23: 212Q4 23: 232Q1 24: 274Q2 24: 303Q3 24: 304Q4 24: 350Q1 25: 356Q2 25: 347Q3 25: 353Q4 25: 387Q1 26: 407407Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022303
Q4 2022319
Q1 2023224
Q2 2023212
Q3 2023212
Q4 2023232
Q1 2024274
Q2 2024303
Q3 2024304
Q4 2024350
Q1 2025356
Q2 2025347
Q3 2025353
Q4 2025387
Q1 2026407

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 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 25Q2 25: 118 bought or addedQ2 25: 238 cut or sold outQ3 25: 226 bought or addedQ3 25: 120 cut or sold outQ3 25Q4 25: 230 bought or addedQ4 25: 116 cut or sold outQ1 26: 191 bought or addedQ1 26: 224 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024182109
Q3 2024178125
Q4 202422685
Q1 2025209131
Q2 2025118238
Q3 2025226120
Q4 2025230116
Q1 2026191224

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ2 25 calls: $2.3mQ2 25 puts: $261.3kQ2 25P/C 0.11Q3 25 calls: $1.4mQ3 25 puts: $370.2kQ3 25P/C 0.26Q4 25 calls: $916.8kQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $1.6mQ1 26 puts: $0Q1 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2025$2.3m$261.3k0.11
Q3 2025$1.4m$370.2k0.26
Q4 2025$916.8k$00.00
Q1 2026$1.6m$00.00

Biggest buyers

Provida Pension Fund Administrator Added +1,990,000+2.0m
JANE STREET GROUP, LLC Added +713,070+713.1k
Ocean Park Asset Management, LLC New +420,200+420.2k
1832 Asset Management L.P. Added +394,525+394.5k
MCMORGAN & CO LLC New +79,171+79.2k
Allianz Asset Management GmbH New +65,700+65.7k
Hershey Financial Advisers, LLC New +63,082+63.1k
CITADEL ADVISORS LLC New +57,385+57.4k
Thrivent Financial for Lutherans Added +49,144+49.1k
TME FINANCIAL, INC. Added +49,059+49.1k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -443,503-443.5k
Howard Capital Management, LLC Sold out -295,117-295.1k
GOLDMAN SACHS GROUP INC Reduced -257,435-257.4k
Dynasty Wealth Management, LLC Sold out -126,688-126.7k
LPL Financial LLC Reduced -109,455-109.5k
BlackRock, Inc. Reduced -99,977-100.0k
Cetera Investment Advisers Reduced -83,049-83.0k
MML INVESTORS SERVICES, LLC Reduced -74,604-74.6k
Systelligence, LLC Reduced -69,681-69.7k
OpenArc Corporate Advisory, LLC Reduced -65,937-65.9k

Biggest calls

Burns Matteson Capital Management, LLC New $681.4k10.0k shares
SIMPLEX TRADING, LLC Reduced $506.4k12.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $397.0k3.9k shares
Hurley Capital, LLC New $33212 shares

Biggest puts

None

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 Provida Pension Fund Administrator 6.77% of their portfolio LAS CONDES, SANTIAGO, F3 3,956,4204.0m $402.7m $402.7m 6.77% Added +2.0m +1,990,000
2 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,361,6472.4m $240.4m $240.4m 0.02% Reduced -49.3k -49,253
3 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,022,8041.0m $104.1m $104.1m 0.03% Reduced -443.5k -443,503
4 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 925,628925.6k $94.2m $94.2m 0.03% Reduced -109.5k -109,455
5 1832 Asset Management L.P. 0.12% of their portfolio TORONTO, A6 857,160857.2k $87.3m $87.3m 0.12% Added +394.5k +394,525
6 JANE STREET GROUP, LLC 0.09% of their portfolio NEW YORK, NY 850,780850.8k $86.6m $86.6m 0.09% Added +713.1k +713,070
7 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 679,465679.5k $69.2m $69.2m 0.01% Reduced -257.4k -257,435
8 AMG National Trust Bank 1.25% of their portfolio GREENWOOD VILLAGE, CO 565,061565.1k $57.5m $57.5m 1.25% Added +39.0k +39,016
9 GREENLEAF TRUST 0.45% of their portfolio KALAMAZOO, MI 448,320448.3k $45.6m $45.6m 0.45% Reduced -2.8k -2,826
10 Ocean Park Asset Management, LLC 2.47% of their portfolio SANTA MONICA, CA 420,200420.2k $42.8m $42.8m 2.47% New
11 Advisory Alpha, LLC 1.16% of their portfolio HOLLAND, MI 415,222415.2k $42.3m $42.3m 1.16% Reduced -23.2k -23,175
12 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 346,875346.9k $35.5m $35.5m 0.01% Reduced -33.5k -33,507
13 Baker Avenue Asset Management, LP 0.78% of their portfolio SAN FRANCISCO, CA 336,416336.4k $34.2m $34.2m 0.78% Added +226 +226
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 334,070334.1k $34.0m $34.0m 0.00% Reduced -7.6k -7,554
15 Prestige Wealth Management Group LLC 5.95% of their portfolio FLEMINGTON, NJ 297,589297.6k $30.3m $30.3m 5.95% Added +2.6k +2,570
16 New York Life Investment Management LLC 0.26% of their portfolio New York, NY 296,371296.4k $30.2m $30.2m 0.26% Added +20.0k +20,010
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 267,439267.4k $26.5m $26.5m 0.00% Added +11.2k +11,180
18 BlackRock, Inc. 0.00% of their portfolio New York, NY 250,651250.7k $25.5m $25.5m 0.00% Reduced -100.0k -99,977
19 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 227,482227.5k $23.2m $23.2m 0.06% Reduced -74.6k -74,604
20 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 210,452210.5k $20.7m $20.7m 0.01% Reduced -14.3k -14,325
21 Tradewinds Capital Management, LLC 4.24% of their portfolio BELLINGHAM, WA 209,661209.7k $21.3m $21.3m 4.24% Added +20.0k +19,995
22 Certified Advisory Corp 1.64% of their portfolio ALTAMONTE SPRINGS, FL 179,873179.9k $18.3m $18.3m 1.64% Added +4.3k +4,322
23 Cornerstone Planning Group LLC 2.76% of their portfolio FAIRFIELD, NJ 178,460178.5k $20.7m $20.7m 2.76% Added +8.5k +8,480
24 ASSETMARK, INC 0.04% of their portfolio CONCORD, CA 170,440170.4k $17.3m $17.3m 0.04% Reduced -7.9k -7,886
25 CWM, LLC 0.04% of their portfolio OMAHA, NE 164,247164.2k $16.7m $16.7m 0.04% Reduced -2.4k -2,371
26 BlueStem Wealth Partners, LLC 1.82% of their portfolio MINNETONKA, MN 161,206161.2k $16.4m $16.4m 1.82% Added +42.6k +42,635
27 TME FINANCIAL, INC. 11.33% of their portfolio Huntington Beach, CA 160,656160.7k $16.4m $16.4m 11.33% Added +49.1k +49,059
28 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 156,337156.3k $15.9m $15.9m 0.02% Reduced -83.0k -83,049
29 Systelligence, LLC 2.97% of their portfolio BLOOMINGTON, MN 150,096150.1k $15.3m $15.3m 2.97% Reduced -69.7k -69,681
30 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 0.81% of their portfolio SAN FRANCISCO, CA 149,672149.7k $15.2m $15.2m 0.81% Reduced -976 -976
31 CacheTech Inc. 2.77% of their portfolio LOGAN, UT 141,110141.1k $14.4m $14.4m 2.77% Added +1.6k +1,602
32 OneDigital Investment Advisors LLC 0.13% of their portfolio OVERLAND PARK, KS 135,155135.2k $13.8m $13.8m 0.13% Reduced -2.1k -2,115
33 GUGGENHEIM CAPITAL LLC 0.11% of their portfolio CHICAGO, IL 133,848133.8k $13.6m $13.6m 0.11% Added +5.3k +5,269
34 Adams Wealth Management 2.96% of their portfolio LOGAN, UT 132,569132.6k $13.5m $13.5m 2.96% Added +571 +571
35 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 132,483132.5k $13.5m $13.5m 0.00% Added +29.2k +29,211
36 Envestnet Portfolio Solutions, Inc. 0.07% of their portfolio BERWYN, PA 129,407129.4k $13.2m $13.2m 0.07% Reduced -29.4k -29,395
37 AIRE ADVISORS, LLC 2.36% of their portfolio BEVERLY HILLS, CA 126,721126.7k $12.9m $12.9m 2.36% Added +1.9k +1,949
38 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 125,921125.9k $12.8m $12.8m 0.02% Added +49.1k +49,144
39 Independence Financial Advisors, LLC 3.79% of their portfolio FRANKLIN, NH 124,181124.2k $12.6m $12.6m 3.79% Added +875 +875
40 Onyx Bridge Wealth Group LLC 1.29% of their portfolio TARRYTOWN, NY 118,285118.3k $12.0m $12.0m 1.29% Added +35.3k +35,318
41 SSI INVESTMENT MANAGEMENT LLC 0.80% of their portfolio Los Angeles, CA 114,065114.1k $11.6m $11.6m 0.80% Added +39.8k +39,812
42 NOMURA ASSET MANAGEMENT CO LTD 0.03% of their portfolio TOKYO, M0 110,269110.3k $11.2m $11.2m 0.03% Reduced -2.6k -2,580
43 Advance Capital Management, Inc. 0.42% of their portfolio SOUTHFIELD, MI 109,915109.9k $11.2m $11.2m 0.42% Reduced -4.9k -4,878
44 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 94,55394.6k $9.6m $9.6m 0.01% Reduced -16.2k -16,217
45 Hilltop Partners LLC 2.44% of their portfolio MISHAWAKA, IN 93,30893.3k $9.5m $9.5m 2.44% Added +1.6k +1,554
46 UBS Group AG 0.00% of their portfolio ZURICH, V8 90,26690.3k $9.2m $9.2m 0.00% Reduced -2.8k -2,756
47 Financial Gravity Asset Management, Inc. 1.60% of their portfolio Lakeway, TX 88,46588.5k $9.0m $9.0m 1.60% Added +2.5k +2,539
48 360 Financial, Inc. 2.51% of their portfolio WAYZATA, MN 81,83181.8k $8.3m $8.3m 2.51% Added +965 +965
49 Mascagni Wealth Management, Inc. 5.89% of their portfolio CLINTON, MS 81,24181.2k $8.3m $8.3m 5.89% Added +6.9k +6,891
50 MCMORGAN & CO LLC 1.30% of their portfolio SAN FRANCISCO, CA 79,17179.2k $8.1m $8.1m 1.30% New
51 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 76,72776.7k $7.8m $7.8m 0.01% Reduced -30.2k -30,157
52 Foundations Investment Advisors, LLC 0.09% of their portfolio PHOENIX, AZ 74,49374.5k $7.6m $7.6m 0.09% Added +9.8k +9,848
53 Equitable Holdings, Inc. 0.05% of their portfolio NEW YORK, NY 72,18572.2k $7.1m $7.1m 0.05% Added +4.1k +4,114
54 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 70,60270.6k $7.2m $7.2m 0.02% Added +489 +489
55 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 65,70065.7k $6.7m $6.7m 0.01% New
56 IHT Wealth Management, LLC 0.16% of their portfolio Chicago, IL 65,32565.3k $6.6m $6.6m 0.16% Added +4.1k +4,078
57 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 65,21065.2k $6.6m $6.6m 0.02% Reduced -23.4k -23,416
58 B. Riley Wealth Advisors, Inc. 0.42% of their portfolio MEMPHIS, TN 64,94764.9k $6.4m $6.4m 0.42% Added +12.9k +12,866
59 Hershey Financial Advisers, LLC 5.55% of their portfolio LANCASTER, PA 63,08263.1k $6.4m $6.4m 5.55% New
60 OpenArc Corporate Advisory, LLC 0.09% of their portfolio ATLANTA, GA 62,23362.2k $6.3m $6.3m 0.09% Reduced -65.9k -65,937
61 Central Pacific Bank - Trust Division 0.79% of their portfolio HONOLULU, HI 60,98561.0k $6.2m $6.2m 0.79% Added +19.1k +19,076
62 Plan Group Financial, LLC 1.46% of their portfolio OKLAHOMA CITY, OK 60,95661.0k $6.2m $6.2m 1.46% Added +3.6k +3,647
63 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 57,38557.4k $5.8m $5.8m 0.00% New
64 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 57,19157.2k $5.8m $5.8m 0.01% Reduced -1.8k -1,792
65 CAPITAL WEALTH MANAGEMENT, LLC 1.44% of their portfolio W. WARWICK, RI 52,39152.4k $5.3m $5.3m 1.44% Added +3.9k +3,907
66 Baron Financial Group, LLC 2.73% of their portfolio Fair Lawn, NJ 49,76349.8k $5.1m $5.1m 2.73% Added +43 +43
67 Mariner, LLC 0.01% of their portfolio Overland Park, KS 48,66048.7k $5.0m $5.0m 0.01% Added +2.8k +2,785
68 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 48,57048.6k $4.9m $4.9m 0.00% Added +17.7k +17,713
69 Merit Financial Group, LLC 0.04% of their portfolio ALPHARETTA, GA 48,07148.1k $4.9m $4.9m 0.04% Reduced -6.1k -6,067
70 Cambria Investment Management, L.P. 0.26% of their portfolio Manhattan Beach, CA 45,90545.9k $4.7m $4.7m 0.26% Added +1.3k +1,311
71 WETZEL INVESTMENT ADVISORS, INC. 1.76% of their portfolio INDIANAPOLIS, IN 43,39043.4k $4.4m $4.4m 1.76% Reduced -3.0k -3,026
72 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 43,15643.2k $4.4m $4.4m 0.00% Reduced -3.4k -3,379
73 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 42,95043.0k $4.4m $4.4m 0.02% Reduced -8.6k -8,564
74 HORIZON FINANCIAL SERVICES, LLC 1.86% of their portfolio WINSTON SALEM, NC 41,39341.4k $4.2m $4.2m 1.86% Reduced -357 -357
75 Savvy Advisors, Inc. 0.11% of their portfolio NEW YORK, NY 40,06740.1k $4.1m $4.1m 0.11% Added +25.4k +25,450
76 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 39,66139.7k $4.0m $4.0m 0.00% Reduced -31.6k -31,635
77 AE Wealth Management LLC 0.02% of their portfolio TOPEKA, KS 38,91538.9k $4.0m $4.0m 0.02% Added +12.6k +12,575
78 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 37,27737.3k $3.9m $3.9m 0.01% Reduced -27.1k -27,144
79 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 34,51434.5k $3.5m $3.5m 0.01% Added +4.7k +4,659
80 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 34,08434.1k $3.5m $3.5m 0.01% Reduced -20.7k -20,731
81 Alliance Wealth Advisors, LLC /UT 0.73% of their portfolio Centerville, UT 33,33233.3k $3.4m $3.4m 0.73% Added +13.4k +13,392
82 CreativeOne Wealth, LLC 0.08% of their portfolio OVERLAND PARK, KS 32,60632.6k $3.3m $3.3m 0.08% Reduced -10.0k -10,004
83 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.02% of their portfolio IRVING, TX 31,84431.8k $3.2m $3.2m 0.02% Reduced -29.9k -29,944
84 PARK AVENUE SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 31,84331.8k $3.2m $3.2m 0.03% Reduced -32.0k -32,022
85 DIVERSIFY WEALTH MANAGEMENT, LLC 0.06% of their portfolio SANDY, UT 31,23631.2k $3.5m $3.5m 0.06% New
86 Arax Advisory Partners 0.09% of their portfolio NEW YORK, NY 30,71130.7k $3.1m $3.1m 0.09% Added +28.2k +28,236
87 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 30,64830.6k $3.1m $3.1m 0.00% Reduced -55.5k -55,537
88 IFP Advisors, Inc 0.06% of their portfolio TAMPA, FL 30,50130.5k $3.1m $3.1m 0.06% Added +207 +207
89 J.W. COLE ADVISORS, INC. 0.10% of their portfolio TAMPA, FL 29,54529.5k $3.0m $3.0m 0.10% Added +7.6k +7,565
90 Spectrum Planning & Advisory Services Inc. 1.40% of their portfolio SAN DIEGO, CA 27,71027.7k $2.8m $2.8m 1.40% Reduced -1.4k -1,417
91 Clark Capital Management Group, Inc. 0.02% of their portfolio PHILADELPHIA, PA 27,28727.3k $2.8m $2.8m 0.02% Added +1.1k +1,136
92 Compagnie Lombard Odier SCmA 0.03% of their portfolio 1204 GENEVA, V8 26,61526.6k $2.7m $2.7m 0.03% Added +25.1k +25,055
93 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 26,05726.1k $2.7m $2.7m 0.01% Reduced -20.1k -20,067
94 Ascent Group, LLC 0.08% of their portfolio VIRGINIA BEACH, VA 23,34823.3k $2.4m $2.4m 0.08% Reduced -7.5k -7,468
95 Yorktown Management & Research Co Inc 1.96% of their portfolio Forest, VA 23,00023.0k $2.3m $2.3m 1.96% Reduced -4.0k -4,000
96 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 22,49922.5k $2.3m $2.3m 0.00% Reduced -7.2k -7,155
97 Cordoba Advisory Partners LLC 0.63% of their portfolio NEW YORK, NY 22,41722.4k $2.3m $2.3m 0.63% Added +11.7k +11,729
98 FIG FINANCIAL ADVISORY SERVICES INC /ADV 1.36% of their portfolio OKLAHOMA CITY, OK 21,45321.5k $2.2m $2.2m 1.36% Reduced -43.7k -43,651
99 Provident Wealth Management, LLC 0.66% of their portfolio BRENTWOOD, TN 21,44621.4k $2.2m $2.2m 0.66% Reduced -211 -211
100 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 20,65220.7k $2.1m $2.1m 0.01% Reduced -345 -345