Vault-13

ISHARES TR REM

MORTGE REL ETF · ETP · CUSIP 46435G342

113 institutional holders -10 vs Q1 2025
8,604,3868.6m shares reported held*
$184.0mreported value*
9 new 45 added 32 reduced 20 sold out net sold ≈ $15.5m (-724.0k 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. Holder counts are more reliable. Implied quarter-end price ≈ $21.38. Options: 3 managers hold calls ($3.2m notional), 4 hold puts ($4.7m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 112Q4 22: 127Q1 23: 120Q2 23: 119Q3 23: 125Q4 23: 129Q1 24: 128Q2 24: 122Q3 24: 130Q4 24: 125Q1 25: 123Q2 25: 113113Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022112
Q4 2022127
Q1 2023120
Q2 2023119
Q3 2023125
Q4 2023129
Q1 2024128
Q2 2024122
Q3 2024130
Q4 2024125
Q1 2025123
Q2 2025113

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 50 bought or addedQ3 23: 53 cut or sold outQ4 23: 58 bought or addedQ4 23: 59 cut or sold outQ4 23Q1 24: 49 bought or addedQ1 24: 67 cut or sold outQ2 24: 57 bought or addedQ2 24: 63 cut or sold outQ2 24Q3 24: 78 bought or addedQ3 24: 41 cut or sold outQ4 24: 49 bought or addedQ4 24: 66 cut or sold outQ4 24Q1 25: 59 bought or addedQ1 25: 50 cut or sold outQ2 25: 54 bought or addedQ2 25: 52 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20235053
Q4 20235859
Q1 20244967
Q2 20245763
Q3 20247841
Q4 20244966
Q1 20255950
Q2 20255452

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 24 calls: $2.3mQ3 24 puts: $10.4mQ3 24P/C 4.50Q4 24 calls: $2.5mQ4 24 puts: $11.7mQ4 24P/C 4.75Q1 25 calls: $5.5mQ1 25 puts: $6.1mQ1 25P/C 1.10Q2 25 calls: $3.2mQ2 25 puts: $4.7mQ2 25P/C 1.48
Numbers
QuarterCallsPutsP/C
Q3 2024$2.3m$10.4m4.50
Q4 2024$2.5m$11.7m4.75
Q1 2025$5.5m$6.1m1.10
Q2 2025$3.2m$4.7m1.48

Biggest buyers

BNP PARIBAS FINANCIAL MARKETS Added +397,405+397.4k
WELLS FARGO & COMPANY/MN Added +315,834+315.8k
Aster Capital Management (DIFC) Ltd New +148,992+149.0k
DRIVE WEALTH MANAGEMENT, LLC Added +113,078+113.1k
RAYMOND JAMES FINANCIAL INC Added +61,364+61.4k
OSAIC HOLDINGS, INC. Added +46,820+46.8k
ENVESTNET ASSET MANAGEMENT INC Added +46,377+46.4k
MACQUARIE GROUP LTD Added +34,946+34.9k
Cynosure Group, LLC Added +33,231+33.2k
PARK AVENUE SECURITIES LLC New +25,183+25.2k

Biggest sellers

TWO SIGMA INVESTMENTS, LP Sold out -584,158-584.2k
Cambria Investment Management, L.P. Sold out -376,009-376.0k
TOWNSQUARE CAPITAL LLC Sold out -240,936-240.9k
Man Group plc Sold out -156,717-156.7k
CITADEL ADVISORS LLC Reduced -130,774-130.8k
Mount Lucas Management LP Sold out -115,606-115.6k
Copperwynd Financial, LLC Sold out -113,510-113.5k
Clarity Financial LLC Reduced -99,928-99.9k
Baker Avenue Asset Management, LP Sold out -39,924-39.9k
Private Advisor Group, LLC Reduced -34,351-34.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.4m112.6k shares
WOLVERINE TRADING, LLC Reduced $471.3k22.2k shares
CITADEL ADVISORS LLC Added $295.0k13.8k shares

Biggest puts

BAYVIEW ASSET MANAGEMENT, LLC New $1.5m71.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.5m70.2k shares
CITADEL ADVISORS LLC Reduced $1.4m66.8k shares
JANE STREET GROUP, LLC Added $230.9k10.8k 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,577,2161.6m $33.7m $33.7m 0.01% Added +315.8k +315,834
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 741,903741.9k $15.9m $15.9m 0.00% Added +3.2k +3,231
3 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 600,405600.4k $12.8m $12.8m 0.00% Added +46.4k +46,377
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 523,995524.0k $11.2m $11.2m 0.00% Added +9.7k +9,681
5 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 397,414397.4k $8.5m $8.5m 0.01% Added +397.4k +397,405
6 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 379,671379.7k $8.1m $8.1m 0.01% Added +46.8k +46,820
7 EVERGREEN CAPITAL MANAGEMENT LLC 0.21% of their portfolio Bellevue, WA 321,751321.8k $6.9m $6.9m 0.21% Added +18.3k +18,305
8 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 296,604296.6k $6.3m $6.3m 0.00% Reduced -27.0k -26,954
9 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 219,571219.6k $4.7m $4.7m 0.00% Added +21.5k +21,468
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 206,586206.6k $4.4m $4.4m 0.00% Reduced -10.2k -10,172
11 Balefire, LLC 0.95% of their portfolio DALLAS, TX 203,395203.4k $4.3m $4.3m 0.95% Reduced -7.3k -7,275
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 172,058172.1k $3.7m $3.7m 0.00% Added +22.5k +22,459
13 Cynosure Group, LLC 0.39% of their portfolio Salt Lake City, UT 161,494161.5k $3.5m $3.5m 0.39% Added +33.2k +33,231
14 Trivium Point Advisory, LLC 0.37% of their portfolio WILTON, CT 161,240161.2k $3.4m $3.4m 0.37% Reduced -128 -128
15 Aster Capital Management (DIFC) Ltd 0.72% of their portfolio DUBAI, C0 148,992149.0k $3.2m $3.2m 0.72% New
16 Clarity Financial LLC 0.33% of their portfolio Houston, TX 145,019145.0k $3.1m $3.1m 0.33% Reduced -99.9k -99,928
17 Barry Investment Advisors, LLC 0.77% of their portfolio NEW BEDFORD, MA 144,845144.8k $3.1m $3.1m 0.77% Reduced -788 -788
18 DRIVE WEALTH MANAGEMENT, LLC 0.67% of their portfolio LEHI, UT 142,151142.2k $3.0m $3.0m 0.67% Added +113.1k +113,078
19 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 133,338133.3k $2.9m $2.9m 0.00% Added +61.4k +61,364
20 INDEPENDENT FINANCIAL GROUP, LLC 0.08% of their portfolio SAN DIEGO, CA 131,499131.5k $2.8m $2.8m 0.08% Added +5.0k +4,962
21 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 114,073114.1k $2.4m $2.4m 0.01% Added +5.2k +5,153
22 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.54% of their portfolio LEAWOOD, KS 111,968112.0k $2.4m $2.4m 0.54% Added +14.2k +14,214
23 HARBOUR INVESTMENTS, INC. 0.05% of their portfolio MADISON, WI 84,87684.9k $1.8m $1.8m 0.05% Added +8.1k +8,073
24 Transce3nd, LLC 0.60% of their portfolio BUDA, TX 66,18466.2k $1.4m $1.4m 0.60% Added +3.6k +3,610
25 BRIDGES INVESTMENT MANAGEMENT INC 0.02% of their portfolio OMAHA, NE 66,04466.0k $1.4m $1.4m 0.02% Added +18.5k +18,526
26 Tower Research Capital LLC (TRC) 0.03% of their portfolio NEW YORK, NY 55,15155.2k $1.2m $1.2m 0.03% Reduced -9.2k -9,167
27 CHOREO, LLC 0.02% of their portfolio ROCKFORD, IL 54,55254.6k $1.2m $1.2m 0.02% Reduced -9.3k -9,350
28 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 54,22654.2k $1.2m $1.2m 0.00% Reduced -4.6k -4,566
29 IHT Wealth Management, LLC 0.03% of their portfolio Chicago, IL 51,79751.8k $1.1m $1.1m 0.03% Added +37 +37
30 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 49,76749.8k $1.1m $1.1m 0.01% Reduced -5.1k -5,142
31 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 40,10040.1k $857.0k $857.0k 0.00% Reduced -345 -345
32 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 39,50939.5k $845.0k $845.0k 0.00% Reduced -31.0k -30,998
33 Capital Investment Advisors, LLC 0.01% of their portfolio ATLANTA, GA 39,49939.5k $844.5k $844.5k 0.01% Reduced -5.4k -5,360
34 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 37,89737.9k $810.2k $810.2k 0.00% Reduced -130.8k -130,774
35 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 35,67235.7k $762.7k $762.7k 0.00% Added +5.4k +5,362
36 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 35,24335.2k $753.5k $753.5k 0.00% Added +34.9k +34,946
37 MANNING & NAPIER ADVISORS LLC 0.01% of their portfolio Fairport, NY 33,80333.8k $722.7k $722.7k 0.01% Added +54 +54
38 Wealthcare Advisory Partners LLC 0.02% of their portfolio WEST CHESTER, PA 33,75833.8k $721.7k $721.7k 0.02% Added +350 +350
39 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 32,95433.0k $704.6k $704.6k 0.01% Reduced -23.2k -23,207
40 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 32,21432.2k $701.1k $701.1k 0.00% Added +16.1k +16,144
41 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 31,54731.5k $674.5k $674.5k 0.00% Reduced -440 -440
42 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 31,27931.3k $668.7k $668.7k 0.00% Added +1.7k +1,738
43 FIRST FOUNDATION ADVISORS 0.02% of their portfolio Irvine, CA 30,06430.1k $642.8k $642.8k 0.02% Reduced -3.1k -3,079
44 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 29,42529.4k $629.1k $629.1k 0.00% Added +840 +840
45 ROBINSON CAPITAL MANAGEMENT, LLC 0.26% of their portfolio GROSSE POINTE FARMS, MI 29,42029.4k $629.0k $629.0k 0.26% Added +4.6k +4,583
46 Wealthfront Advisers LLC 0.00% of their portfolio Palo Alto, CA 28,97029.0k $619.4k $619.4k 0.00% Added +4.8k +4,753
47 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 26,57626.6k $568.2k $568.2k 0.00% Added +3.1k +3,059
48 Invst, LLC 0.07% of their portfolio INDIANAPOLIS, IN 26,42726.4k $565.0k $565.0k 0.07% Added +503 +503
49 PARK AVENUE SECURITIES LLC 0.00% of their portfolio NEW YORK, NY 25,18325.2k $538.0k $538.0k 0.00% New
50 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 24,90024.9k $532.4k $532.4k 0.00% Reduced -3.7k -3,700
51 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 24,69124.7k $527.9k $527.9k 0.00% Reduced -7.2k -7,247
52 Quantessence Capital LLC 0.15% of their portfolio NEW YORK, NY 23,47023.5k $501.8k $501.8k 0.15% New
53 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 22,28722.3k $476.5k $476.5k 0.00% Added +6.3k +6,342
54 NAPA WEALTH MANAGEMENT 0.23% of their portfolio Napa, CA 22,19322.2k $474.5k $474.5k 0.23% Added +847 +847
55 Mariner, LLC 0.00% of their portfolio Overland Park, KS 20,85420.9k $445.9k $445.9k 0.00% Reduced -10.1k -10,081
56 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 20,68020.7k $442.1k $442.1k 0.00% Added +10.5k +10,453
57 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 18,78818.8k $401.7k $401.7k 0.00% Reduced -34.4k -34,351
58 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 18,57818.6k $397.2k $397.2k 0.01% Reduced -3.9k -3,900
59 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 18,49718.5k $395.5k $395.5k 0.00% Added +60 +60
60 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 18,09818.1k $386.9k $386.9k 0.01% Added +2.0k +1,968
61 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 17,55017.6k $392.2k $392.2k 0.01% Reduced -2.2k -2,250
62 Cascade Financial Partners, LLC 0.04% of their portfolio SAN DIEGO, CA 17,45017.4k $373.1k $373.1k 0.04% Unchanged
63 SILVER OAK SECURITIES, INCORPORATED 0.03% of their portfolio JACKSON, TN 15,38415.4k $328.9k $328.9k 0.03% Added +444 +444
64 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 15,10415.1k $322.9k $322.9k 0.01% New
65 COMERICA BANK 0.00% of their portfolio DALLAS, TX 14,88014.9k $318.1k $318.1k 0.00% Added +1.7k +1,651
66 Advyzon Investment Management, LLC 0.07% of their portfolio LISLE, IL 14,64614.6k $313.1k $313.1k 0.07% Added +256 +256
67 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.00% of their portfolio TOKYO, M0 14,22314.2k $304.1k $304.1k 0.00% Unchanged
68 FWL INVESTMENT MANAGEMENT, LLC 0.09% of their portfolio Dallas, TX 14,06114.1k $300.6k $300.6k 0.09% Reduced -4.8k -4,830
69 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 12,63712.6k $270.2k $270.2k 0.00% Added +116 +116
70 LANARK FINANCIAL, INC. 0.02% of their portfolio BIRMINGHAM, AL 11,23111.2k $240.0k $240.0k 0.02% Unchanged
71 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 11,22511.2k $240.0k $240.0k 0.00% Reduced -4.4k -4,448
72 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 10,95010.9k $234.0k $234.0k 0.00% Reduced -14.6k -14,603
73 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 10,88110.9k $232.6k $232.6k 0.00% New
74 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 10,24310.2k $219.0k $219.0k 0.01% Reduced -1.3k -1,276
75 Endowment Wealth Management, Inc. 0.11% of their portfolio APPLETON, WI 9,5659.6k $204.5k $204.5k 0.11% New
76 MCF Advisors LLC 0.01% of their portfolio LEXINGTON, KY 6,4536.5k $138.0k $138.0k 0.01% Unchanged
77 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,9805.0k $106.5k $106.5k 0.00% Reduced -2.4k -2,412
78 TWIN PEAKS WEALTH ADVISORS, LLC 0.03% of their portfolio SAN FRANCISCO, CA 4,2414.2k $93.9k $93.9k 0.03% New
79 Future Financial Wealth Managment LLC 0.04% of their portfolio CINCINNATI, OH 2,9002.9k $62.0k $62.0k 0.04% Unchanged
80 CWM, LLC 0.00% of their portfolio OMAHA, NE 2,3462.3k $50.0k $50.0k 0.00% Added +6 +6
81 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 1,8221.8k $39.0k $39.0k 0.00% Reduced -225 -225
82 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,5281.5k $32.7k $32.7k 0.00% Added +1.1k +1,078
83 WealthShield Partners, LLC 0.00% of their portfolio CARY, NC 1,0001.0k $21.4k $21.4k 0.00% Unchanged
84 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 933933 $19.9k $19.9k 0.00% Unchanged
85 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 900900 $19.1k $19.1k 0.00% New
86 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 783783 $16.7k $16.7k 0.00% First filing
87 Ascentis Wealth Management, LLC 0.00% of their portfolio DALLAS, TX 589589 $12.7k $12.7k 0.00% Unchanged
88 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 576576 $12.3k $12.3k 0.00% Unchanged
89 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 533533 $11.4k $11.4k 0.00% Unchanged
90 FAS Wealth Partners, Inc. 0.00% of their portfolio LEAWOOD, KS 422422 $9.0k $9.0k 0.00% Unchanged
91 CX Institutional 0.00% of their portfolio AUBURN, IN 402402 $9.0k $9.0k 0.00% Added +5 +5
92 Wilmington Savings Fund Society, FSB 0.00% of their portfolio WILMINGTON, DE 375375 $8.0k $8.0k 0.00% Unchanged
93 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 375375 $8.0k $8.0k 0.00% Unchanged
94 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 279279 $6.0k $6.0k 0.00% Reduced -895 -895
95 FMR LLC 0.00% of their portfolio BOSTON, MA 275275 $5.9k $5.9k 0.00% Reduced -95 -95
96 Mid-American Wealth Advisory Group, Inc. 0.00% of their portfolio KANSAS CITY, MO 269269 $5.8k $5.8k 0.00% New
97 Salomon & Ludwin, LLC 0.00% of their portfolio RICHMOND, VA 247247 $5.4k $5.4k 0.00% Unchanged
98 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 246246 $5.2k $5.2k 0.00% Unchanged
99 Fortitude Family Office, LLC 0.00% of their portfolio SCOTTSDALE, AZ 223223 $4.8k $4.8k 0.00% Added +73 +73
100 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 212212 $4.5k $4.5k 0.00% Unchanged