Vault-13

ISHARES TR SMMV

MSCI USA SMCP MN · ETP · CUSIP 46435G433

122 institutional holders +2 vs Q1 2026
4,405,1794.4m shares reported held*
$202.8mreported value*
8 new 39 added 41 reduced 8 sold out net sold ≈ $579.3k (-12.6k 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 ≈ $46.04.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 123Q4 22: 127Q1 23: 128Q2 23: 120Q3 23: 117Q4 23: 122Q1 24: 125Q2 24: 126Q3 24: 125Q4 24: 127Q1 25: 123Q2 25: 125Q3 25: 121Q4 25: 121Q1 26: 120Q2 26: 122122Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022123
Q4 2022127
Q1 2023128
Q2 2023120
Q3 2023117
Q4 2023122
Q1 2024125
Q2 2024126
Q3 2024125
Q4 2024127
Q1 2025123
Q2 2025125
Q3 2025121
Q4 2025121
Q1 2026120
Q2 2026122

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 44 bought or addedQ3 24: 69 cut or sold outQ4 24: 40 bought or addedQ4 24: 53 cut or sold outQ4 24Q1 25: 39 bought or addedQ1 25: 64 cut or sold outQ2 25: 48 bought or addedQ2 25: 53 cut or sold outQ2 25Q3 25: 49 bought or addedQ3 25: 51 cut or sold outQ4 25: 49 bought or addedQ4 25: 57 cut or sold outQ4 25Q1 26: 46 bought or addedQ1 26: 54 cut or sold outQ2 26: 47 bought or addedQ2 26: 49 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20244469
Q4 20244053
Q1 20253964
Q2 20254853
Q3 20254951
Q4 20254957
Q1 20264654
Q2 20264749

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $4.1mQ1 26 puts: $0Q1 26P/C 0.00Q2 26 calls: $0Q2 26 puts: $0Q2 26P/C —
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$4.1m$00.00
Q2 2026$0$0—

Biggest buyers

ROYAL BANK OF CANADA Added +49,242+49.2k
Cambridge Investment Research Advisors, Inc. Added +46,033+46.0k
Integrated Wealth Concepts LLC Added +31,975+32.0k
LPL Financial LLC Added +18,934+18.9k
CITADEL ADVISORS LLC Added +15,933+15.9k
Geneos Wealth Management Inc. Added +15,703+15.7k
JANE STREET GROUP, LLC New +15,317+15.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +13,127+13.1k
GOLDMAN SACHS GROUP INC Added +7,544+7.5k
CITIGROUP INC New +6,936+6.9k

Biggest sellers

GTS SECURITIES LLC Sold out -47,778-47.8k
Kestra Advisory Services, LLC Reduced -44,508-44.5k
Independent Advisor Alliance Sold out -39,215-39.2k
BANK OF AMERICA CORP /DE/ Reduced -23,131-23.1k
MERCER GLOBAL ADVISORS INC /ADV Reduced -18,891-18.9k
Steward Partners Investment Advisory, LLC Reduced -9,525-9.5k
Modern Wealth Management, LLC Reduced -9,363-9.4k
Sage Mountain Advisors LLC Reduced -9,123-9.1k
COLDSTREAM CAPITAL MANAGEMENT INC Reduced -8,425-8.4k
COWA, LLC Reduced -6,774-6.8k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,235,7101.2m $56.9m $56.9m 0.00% Reduced -23.1k -23,131
2 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 336,652336.7k $15.5m $15.5m 0.02% Reduced -18.9k -18,891
3 WEALTH MANAGEMENT RESOURCES, INC. 4.04% of their portfolio SMITHFIELD, RI 284,437284.4k $13.1m $13.1m 4.04% Added +4.7k +4,664
4 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 250,164250.2k $11.5m $11.5m 0.00% Added +524 +524
5 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 166,293166.3k $7.7m $7.7m 0.01% Reduced -2.8k -2,833
6 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 153,476153.5k $7.1m $7.1m 0.00% Added +18.9k +18,934
7 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 128,825128.8k $5.9m $5.9m 0.00% Added +49.2k +49,242
8 Brickley Wealth Management 0.81% of their portfolio SAN MATEO, CA 121,953122.0k $5.6m $5.6m 0.81% Reduced -5.2k -5,234
9 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 96,56496.6k $4.4m $4.4m 0.01% Added +46.0k +46,033
10 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 77,71477.7k $3.6m $3.6m 0.00% Reduced -3.4k -3,438
11 Advisory Services Network, LLC 0.04% of their portfolio ATLANTA, GA 67,61467.6k $3.1m $3.1m 0.04% Reduced -3.0k -3,039
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 67,18367.2k $3.1m $3.1m 0.00% Reduced -194 -194
13 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 65,52365.5k $3.0m $3.0m 0.00% Reduced -233 -233
14 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 65,00665.0k $3.0m $3.0m 0.01% Added +161 +161
15 SAGESPRING WEALTH PARTNERS, LLC 0.05% of their portfolio FRANKLIN, TN 64,38464.4k $3.0m $3.0m 0.05% Reduced -1.9k -1,922
16 Rehmann Capital Advisory Group 0.14% of their portfolio LANSING, MI 64,22864.2k $3.0m $3.0m 0.14% Reduced -445 -445
17 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 63,28463.3k $2.9m $2.9m 0.01% Added +32.0k +31,975
18 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 62,81562.8k $2.9m $2.9m 0.00% Added +7.5k +7,544
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 60,44360.4k $2.8m $2.8m 0.00% Reduced -2.6k -2,552
20 Modern Wealth Management, LLC 0.03% of their portfolio KANSAS CITY, MO 59,02359.0k $2.7m $2.7m 0.03% Reduced -9.4k -9,363
21 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 48,07148.1k $2.2m $2.2m 0.00% Added +15.9k +15,933
22 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 45,64645.6k $2.1m $2.1m 0.00% Reduced -4.2k -4,227
23 Armbruster Capital Management, Inc. 0.29% of their portfolio PITTSFORD, NY 42,80042.8k $2.0m $2.0m 0.29% Reduced -3.7k -3,740
24 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 41,71141.7k $1.9m $1.9m 0.00% Reduced -3.2k -3,179
25 Geneos Wealth Management Inc. 0.04% of their portfolio ENGLEWOOD, CO 38,42338.4k $1.8m $1.8m 0.04% Added +15.7k +15,703
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 37,71437.7k $1.7m $1.7m 0.00% Added +13.1k +13,127
27 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 31,10031.1k $1.4m $1.4m 0.00% Reduced -5.5k -5,500
28 REGATTA CAPITAL GROUP, LLC 0.19% of their portfolio EL SEGUNDO, CA 30,63230.6k $1.4m $1.4m 0.19% Added +4.0k +3,956
29 Burns Matteson Capital Management, LLC 0.45% of their portfolio CORNING, NY 30,57030.6k $1.4m $1.4m 0.45% Reduced -2.3k -2,316
30 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 28,35028.4k $1.3m $1.3m 0.00% Reduced -44.5k -44,508
31 Sage Mountain Advisors LLC 0.07% of their portfolio ATLANTA, GA 23,95724.0k $1.1m $1.1m 0.07% Reduced -9.1k -9,123
32 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 0.06% of their portfolio KNOXVILLE, TN 22,39922.4k $1.0m $1.0m 0.06% Unchanged
33 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 21,87021.9k $1.0m $1.0m 0.01% Reduced -940 -940
34 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 21,56421.6k $992.8k $992.8k 0.01% Reduced -9.5k -9,525
35 XY Planning Network, Inc. 0.11% of their portfolio BOZEMAN, MT 19,68019.7k $906.1k $906.1k 0.11% Added +79 +79
36 MFA Wealth Services 0.53% of their portfolio THOUSAND OAKS, CA 19,30819.3k $888.9k $888.9k 0.53% Added +145 +145
37 Prime Capital Investment Advisors, LLC 0.01% of their portfolio OVERLAND PARK, KS 17,61317.6k $810.9k $810.9k 0.01% Reduced -881 -881
38 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 17,43117.4k $802.5k $802.5k 0.00% Reduced -524 -524
39 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 15,31715.3k $705.2k $705.2k 0.00% New
40 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 14,89614.9k $685.9k $685.9k 0.00% Added +4.0k +4,001
41 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 14,84914.8k $683.6k $683.6k 0.00% Added +2.2k +2,196
42 Leelyn Smith, LLC 0.08% of their portfolio GENEVA, IL 14,84814.8k $683.6k $683.6k 0.08% Unchanged
43 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 14,60514.6k $672.4k $672.4k 0.00% Added +840 +840
44 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 12,44112.4k $573.0k $573.0k 0.00% Added +50 +50
45 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 12,34512.3k $568.4k $568.4k 0.00% Added +2 +2
46 Concurrent Investment Advisors, LLC 0.00% of their portfolio Tampa, FL 12,15712.2k $559.7k $559.7k 0.00% Added +1.9k +1,900
47 COLDSTREAM CAPITAL MANAGEMENT INC 0.01% of their portfolio BELLEVUE, WA 11,74311.7k $540.6k $540.6k 0.01% Reduced -8.4k -8,425
48 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 10,46610.5k $481.8k $481.8k 0.00% Unchanged
49 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 10,31410.3k $474.9k $474.9k 0.00% Added +400 +400
50 ADAMSBROWN WEALTH CONSULTANTS LLC 0.09% of their portfolio WICHITA, KS 9,9429.9k $457.7k $457.7k 0.09% Added +27 +27
51 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,2549.3k $426.1k $426.1k 0.00% Added +645 +645
52 MOSAIC FAMILY WEALTH PARTNERS, LLC 0.03% of their portfolio ST. LOUIS, MO 8,8998.9k $409.7k $409.7k 0.03% Reduced -1.7k -1,723
53 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 8,3538.4k $384.6k $384.6k 0.01% Reduced -105 -105
54 THOROUGHBRED FINANCIAL SERVICES, LLC 0.02% of their portfolio BRENTWOOD, TN 7,7647.8k $357.0k $357.0k 0.02% Unchanged
55 Capital Analysts, LLC 0.01% of their portfolio FORT WASHINGTON, PA 7,6847.7k $354.0k $354.0k 0.01% Reduced -57 -57
56 Opulen Financial Group LLC 0.22% of their portfolio ARLINGTON, VA 7,5007.5k $345.3k $345.3k 0.22% Added +26 +26
57 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 7,4887.5k $344.7k $344.7k 0.00% Unchanged
58 COWA, LLC 0.08% of their portfolio Tulsa, OK 7,1757.2k $330.3k $330.3k 0.08% Reduced -6.8k -6,774
59 High Net Worth Advisory Group LLC 0.07% of their portfolio NAPLES, FL 7,1237.1k $328.0k $328.0k 0.07% Reduced -531 -531
60 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 6,9366.9k $319.3k $319.3k 0.00% New
61 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 6,7966.8k $312.9k $312.9k 0.00% Added +6 +6
62 FIRST CITIZENS BANK & TRUST CO 0.00% of their portfolio RALEIGH, NC 6,5126.5k $299.8k $299.8k 0.00% Reduced -500 -500
63 GREAT VALLEY ADVISOR GROUP, INC. 0.00% of their portfolio WILMINGTON, DE 6,4756.5k $297.8k $297.8k 0.00% Reduced -338 -338
64 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 5,8325.8k $268.5k $268.5k 0.01% Added +2.3k +2,313
65 Clear Creek Financial Management, LLC 0.02% of their portfolio SILVERDALE, WA 5,6945.7k $262.2k $262.2k 0.02% Added +170 +170
66 Ameritas Advisory Services, LLC 0.01% of their portfolio Lincoln, NE 5,4945.5k $252.9k $252.9k 0.01% New
67 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 5,3565.4k $246.6k $246.6k 0.00% Reduced -159 -159
68 Fortune Financial Advisors, LLC 0.11% of their portfolio Overland Park, KS 5,3485.3k $246.2k $246.2k 0.11% Reduced -3.6k -3,634
69 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 5,3405.3k $245.9k $245.9k 0.00% Added +1 +1
70 Professional Financial Advisors, LLC 0.04% of their portfolio NORTH PLATTE, NE 5,2155.2k $240.1k $240.1k 0.04% Added +43 +43
71 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 5,1085.1k $236.9k $236.9k 0.00% Reduced -200 -200
72 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 5,0015.0k $230.3k $230.3k 0.00% Added +10 +10
73 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 4,9935.0k $229.9k $229.9k 0.00% Unchanged
74 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 4,9595.0k $228.4k $228.4k 0.00% Unchanged
75 Focus Partners Advisor Solutions, LLC 0.00% of their portfolio SAINT LOUIS, MO 4,7114.7k $216.9k $216.9k 0.00% Reduced -334 -334
76 RIK SAYLOR FINANCIAL, INC. 0.14% of their portfolio FAIRFIELD, OH 4,5914.6k $211.4k $211.4k 0.14% Reduced -123 -123
77 EVERGREEN CAPITAL MANAGEMENT LLC 0.00% of their portfolio Bellevue, WA 4,4804.5k $206.3k $206.3k 0.00% New
78 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 4,4584.5k $205.2k $205.2k 0.00% New
79 S.A. Mason LLC 0.06% of their portfolio HOLLAND, MI 4,4484.4k $204.8k $204.8k 0.06% Added +10 +10
80 FMR LLC 0.00% of their portfolio BOSTON, MA 4,0684.1k $187.3k $187.3k 0.00% Added +296 +296
81 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 3,9884.0k $183.6k $183.6k 0.00% Reduced -57 -57
82 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 3,8493.8k $177.2k $177.2k 0.00% Added +551 +551
83 EP Wealth Advisors, LLC 0.00% of their portfolio TORRANCE, CA 3,8453.8k $177.0k $177.0k 0.00% New
84 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,7513.8k $172.7k $172.7k 0.00% Unchanged
85 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 3,0623.1k $141.0k $141.0k 0.00% Added +842 +842
86 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 2,9903.0k $137.7k $137.7k 0.00% Unchanged
87 Provident Wealth Management, LLC 0.02% of their portfolio BRENTWOOD, TN 1,7531.8k $80.7k $80.7k 0.02% Unchanged
88 Physician Wealth Advisors, Inc. 0.01% of their portfolio MIDVALE, UT 1,4181.4k $65.3k $65.3k 0.01% Added +3 +3
89 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 1,3711.4k $63.1k $63.1k 0.00% Added +852 +852
90 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,2751.3k $58.7k $58.7k 0.00% Unchanged
91 Colonial Trust Advisors 0.00% of their portfolio SPARTANBURG, SC 1,1251.1k $51.8k $51.8k 0.00% Unchanged
92 Front Row Advisors LLC 0.01% of their portfolio TIBURON, CA 1,0251.0k $48.3k $48.3k 0.01% Reduced -25 -25
93 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 981981 $45.1k $45.1k 0.00% Reduced -6 -6
94 Harbor Asset Planning, Inc. 0.03% of their portfolio BELMONT, MA 911911 $42.0k $42.0k 0.03% Added +3 +3
95 IFG Advisory, LLC 0.00% of their portfolio ATLANTA, GA 786786 $36.2k $36.2k 0.00% New
96 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 570570 $26.3k $26.3k 0.00% Unchanged
97 Pacific Center for Financial Services 0.01% of their portfolio DANVILLE, CA 546546 $25.1k $25.1k 0.01% Unchanged
98 Founders Financial Alliance, LLC 0.00% of their portfolio RALEIGH, NC 537537 $24.7k $24.7k 0.00% Unchanged
99 COMPASS FINANCIAL MANAGEMENT LLC 0.00% of their portfolio TAMPA, FL 502502 $23.1k $23.1k 0.00% First filing
100 Ascentis Wealth Management, LLC 0.00% of their portfolio DALLAS, TX 449449 $20.7k $20.7k 0.00% Added +41 +41