Vault-13

ISHARES TR FALN

FALN ANGLS USD · ETP · CUSIP 46435G474

271 institutional holders -5 vs Q2 2025
48,357,60548.4m shares reported held*
$1.3bnreported value*
25 new 106 added 90 reduced 27 sold out net bought ≈ $38.8m (+1.4m 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 ($939.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $27.78.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 310Q4 22: 301Q1 23: 293Q2 23: 293Q3 23: 226Q4 23: 261Q1 24: 264Q2 24: 267Q3 24: 278Q4 24: 274Q1 25: 282Q2 25: 276Q3 25: 271271Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022310
Q4 2022301
Q1 2023293
Q2 2023293
Q3 2023226
Q4 2023261
Q1 2024264
Q2 2024267
Q3 2024278
Q4 2024274
Q1 2025282
Q2 2025276
Q3 2025271

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 23: 138 bought or addedQ4 23: 116 cut or sold outQ1 24: 140 bought or addedQ1 24: 115 cut or sold outQ1 24Q2 24: 116 bought or addedQ2 24: 126 cut or sold outQ3 24: 137 bought or addedQ3 24: 121 cut or sold outQ3 24Q4 24: 136 bought or addedQ4 24: 124 cut or sold outQ1 25: 160 bought or addedQ1 25: 88 cut or sold outQ1 25Q2 25: 115 bought or addedQ2 25: 137 cut or sold outQ3 25: 131 bought or addedQ3 25: 117 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023138116
Q1 2024140115
Q2 2024116126
Q3 2024137121
Q4 2024136124
Q1 202516088
Q2 2025115137
Q3 2025131117

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ4 24 calls: $26.7kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $471.5kQ1 25 puts: $5.4kQ1 25P/C 0.01Q2 25 calls: $320.3kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —
Numbers
QuarterCallsPutsP/C
Q4 2024$26.7k$00.00
Q1 2025$471.5k$5.4k0.01
Q2 2025$320.3k$00.00
Q3 2025$0$0—

Biggest buyers

JPMORGAN CHASE & CO Added +2,562,926+2.6m
MORGAN STANLEY Added +970,076+970.1k
Invesco Ltd. Added +929,241+929.2k
BANK OF AMERICA CORP /DE/ Added +883,753+883.8k
Ocean Park Asset Management, LLC Added +333,600+333.6k
Gimbal Financial New +303,893+303.9k
Independence Financial Advisors, LLC Added +287,244+287.2k
TOEWS CORP /ADV Added +204,000+204.0k
NOMURA ASSET MANAGEMENT CO LTD Added +158,100+158.1k
Sequoia Financial Advisors, LLC New +151,389+151.4k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -1,301,723-1.3m
State of Tennessee, Department of Treasury Reduced -882,300-882.3k
Betterment LLC Reduced -686,906-686.9k
Angeles Investment Advisors, LLC Sold out -366,000-366.0k
MML INVESTORS SERVICES, LLC Reduced -337,255-337.3k
UBS Group AG Reduced -305,295-305.3k
OneDigital Investment Advisors LLC Reduced -282,366-282.4k
Thrivent Financial for Lutherans Sold out -279,751-279.8k
Cetera Investment Advisers Reduced -230,291-230.3k
LPL Financial LLC Reduced -193,895-193.9k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 6,877,2806.9m $191.1m $191.1m 0.01% Added +883.8k +883,753
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,644,1554.6m $129.0m $129.0m 0.01% Added +970.1k +970,076
3 Municipal Employees' Retirement System of Michigan 1.12% of their portfolio LANSING, MI 3,476,5593.5m $96.6m $96.6m 1.12% Unchanged
4 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,608,8382.6m $72.5m $72.5m 0.00% Added +2.6m +2,562,926
5 State of Tennessee, Department of Treasury 0.24% of their portfolio NASHVILLE, TN 2,546,5002.5m $70.7m $70.7m 0.24% Reduced -882.3k -882,300
6 Varma Mutual Pension Insurance Co 0.36% of their portfolio Varma, H9 2,000,0002.0m $55.6m $55.6m 0.36% Unchanged
7 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,570,6561.6m $43.6m $43.6m 0.01% Reduced -193.9k -193,895
8 Allworth Financial LP 0.16% of their portfolio FOLSOM, CA 1,332,7681.3m $37.0m $37.0m 0.16% Added +51.1k +51,119
9 Ocean Park Asset Management, LLC 1.30% of their portfolio SANTA MONICA, CA 1,133,1001.1m $31.5m $31.5m 1.30% Added +333.6k +333,600
10 Betterment LLC 0.06% of their portfolio NEW YORK, NY 1,131,9751.1m $31.4m $31.4m 0.06% Reduced -686.9k -686,906
11 ESL Trust Services, LLC 6.10% of their portfolio ROCHESTER, NY 1,118,1611.1m $31.1m $31.1m 6.10% Reduced -7.9k -7,947
12 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,057,8501.1m $29.4m $29.4m 0.00% Added +929.2k +929,241
13 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 1,040,0301.0m $28.9m $28.9m 0.01% Unchanged
14 POTOMAC FUND MANAGEMENT INC /ADV 0.95% of their portfolio BETHESDA, MD 805,526805.5k $22.4m $22.4m 0.95% Added +83.5k +83,514
15 BlackRock, Inc. 0.00% of their portfolio New York, NY 730,071730.1k $20.3m $20.3m 0.00% Reduced -49.1k -49,150
16 NOMURA ASSET MANAGEMENT CO LTD 0.05% of their portfolio TOKYO, M0 641,700641.7k $17.8m $17.8m 0.05% Added +158.1k +158,100
17 NOVEM GROUP 1.99% of their portfolio Rochester, NY 599,929599.9k $16.7m $16.7m 1.99% Added +27.9k +27,877
18 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 575,431575.4k $16.0m $16.0m 0.00% Reduced -104.5k -104,501
19 UBS Group AG 0.00% of their portfolio ZURICH, V8 574,447574.4k $16.0m $16.0m 0.00% Reduced -305.3k -305,295
20 TOEWS CORP /ADV 2.19% of their portfolio NORTHFIELD, NJ 551,100551.1k $15.3m $15.3m 2.19% Added +204.0k +204,000
21 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 507,785507.8k $14.1m $14.1m 0.01% Added +9.8k +9,775
22 Independence Financial Advisors, LLC 3.82% of their portfolio FRANKLIN, NH 451,249451.2k $12.5m $12.5m 3.82% Added +287.2k +287,244
23 Breakwater Capital Group 1.49% of their portfolio PARAMUS, NJ 363,090363.1k $10.1m $10.1m 1.49% Added +14.3k +14,318
24 Gimbal Financial 5.07% of their portfolio CARMEL, IN 303,893303.9k $8.4m $8.4m 5.07% New
25 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 295,858295.9k $8.2m $8.2m 0.02% Reduced -43.5k -43,503
26 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 282,397282.4k $7.8m $7.8m 0.01% Added +13.0k +12,981
27 Prepared Retirement Institute LLC 3.91% of their portfolio LANSDALE, PA 269,964270.0k $7.5m $7.5m 3.91% Added +23.3k +23,255
28 World Investment Advisors 0.15% of their portfolio LINCROFT, NJ 269,092269.1k $7.5m $7.5m 0.15% Added +54.7k +54,688
29 OneDigital Investment Advisors LLC 0.08% of their portfolio OVERLAND PARK, KS 265,571265.6k $7.4m $7.4m 0.08% Reduced -282.4k -282,366
30 Scarborough Advisors, LLC 1.27% of their portfolio ANNAPOLIS, MD 258,683258.7k $7.2m $7.2m 1.27% Added +14.4k +14,430
31 CWM, LLC 0.02% of their portfolio OMAHA, NE 255,178255.2k $7.1m $7.1m 0.02% Reduced -24.7k -24,731
32 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 251,987252.0k $7.0m $7.0m 0.00% Reduced -1.3m -1,301,723
33 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 245,575245.6k $6.8m $6.8m 0.03% Reduced -7.0k -7,035
34 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 239,423239.4k $6.7m $6.7m 0.01% Reduced -230.3k -230,291
35 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 226,970227.0k $6.3m $6.3m 0.01% Reduced -3.4k -3,379
36 GREAT VALLEY ADVISOR GROUP, INC. 0.13% of their portfolio WILMINGTON, DE 226,123226.1k $6.3m $6.3m 0.13% Added +3.9k +3,933
37 HF Advisory Group, LLC 2.29% of their portfolio Annapolis, MD 224,703224.7k $6.2m $6.2m 2.29% Added +18.1k +18,083
38 TRUSTMARK BANK TRUST DEPARTMENT 0.39% of their portfolio JACKSON, MS 216,016216.0k $6.0m $6.0m 0.39% Reduced -1.0k -1,009
39 Baker Avenue Asset Management, LP 0.13% of their portfolio SAN FRANCISCO, CA 195,435195.4k $5.4m $5.4m 0.13% Reduced -127.6k -127,589
40 Petix & Botte Co 1.22% of their portfolio LA MESA, CA 189,919189.9k $5.3m $5.3m 1.22% Added +22.7k +22,715
41 Transamerica Financial Advisors, LLC 0.44% of their portfolio CEDAR RAPIDS, IA 188,984189.0k $5.2m $5.2m 0.44% Added +1.2k +1,233
42 Asset Allocation Strategies LLC 1.02% of their portfolio FARMINGTON, MI 185,041185.0k $5.1m $5.1m 1.02% Reduced -42.9k -42,940
43 CAPITAL WEALTH MANAGEMENT, LLC 1.69% of their portfolio W. WARWICK, RI 174,627174.6k $4.9m $4.9m 1.69% Reduced -171 -171
44 COUNTRY TRUST BANK 0.10% of their portfolio Bloomington, IL 170,000170.0k $4.7m $4.7m 0.10% Reduced -136.0k -136,000
45 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 159,592159.6k $4.4m $4.4m 0.00% Reduced -25.4k -25,361
46 Insight Wealth Partners, LLC 1.91% of their portfolio Plano, TX 155,856155.9k $4.3m $4.3m 1.91% Added +21.8k +21,840
47 Coastline Trust Co 0.46% of their portfolio PROVIDENCE, RI 152,858152.9k $4.2m $4.2m 0.46% Added +1.6k +1,566
48 CONTINUUM WEALTH ADVISORS, LLC 1.81% of their portfolio SARATOGA SPRINGS, NY 152,855152.9k $4.2m $4.2m 1.81% Reduced -4.8k -4,781
49 Sequoia Financial Advisors, LLC 0.03% of their portfolio Akron, OH 151,389151.4k $4.2m $4.2m 0.03% New
50 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 145,989146.0k $4.1m $4.1m 0.00% Reduced -119.3k -119,261
51 Synergy Asset Management, LLC 0.14% of their portfolio VANCOUVER, WA 139,716139.7k $3.9m $3.9m 0.14% New
52 ASHFORD CAPITAL MANAGEMENT INC 0.43% of their portfolio WILMINGTON, DE 138,793138.8k $3.9m $3.9m 0.43% New
53 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 135,049135.0k $3.8m $3.8m 0.02% Added +6.8k +6,782
54 DIVERSIFY WEALTH MANAGEMENT, LLC 0.21% of their portfolio SANDY, UT 130,239130.2k $3.6m $3.6m 0.21% Added +5.4k +5,387
55 KRAEMATON INVESTMENT ADVISORS, INC 2.99% of their portfolio BRAINTREE, MA 125,988126.0k $3.5m $3.5m 2.99% Reduced -3.7k -3,665
56 Impact Partnership Wealth, LLC 0.52% of their portfolio MARIETTA, GA 125,249125.2k $3.5m $3.5m 0.52% Added +56.8k +56,823
57 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 124,200124.2k $3.5m $3.5m 0.00% Unchanged
58 Ignite Planners, LLC 0.56% of their portfolio SAN CLEMENTE, CA 123,502123.5k $3.4m $3.4m 0.56% Reduced -5.3k -5,270
59 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 123,274123.3k $3.4m $3.4m 0.01% Reduced -38.8k -38,820
60 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 113,715113.7k $3.2m $3.2m 0.00% Added +4.8k +4,843
61 Glassy Mountain Advisors, Inc. 0.93% of their portfolio BETHESDA, MD 110,632110.6k $3.1m $3.1m 0.93% Reduced -11.0k -11,001
62 Marex Group Ltd 0.04% of their portfolio London, X0 110,280110.3k $3.1m $3.1m 0.04% Added +45.1k +45,141
63 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 110,090110.1k $3.1m $3.1m 0.01% Reduced -337.3k -337,255
64 Cornerstone Planning Group LLC 0.45% of their portfolio FAIRFIELD, NJ 101,248101.2k $2.8m $2.8m 0.45% Added +457 +457
65 NorthRock Partners, LLC 0.05% of their portfolio MINNEAPOLIS, MN 98,28898.3k $2.7m $2.7m 0.05% New
66 AE Wealth Management LLC 0.02% of their portfolio TOPEKA, KS 97,52497.5k $2.7m $2.7m 0.02% Added +53.5k +53,467
67 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 95,34795.3k $2.6m $2.6m 0.00% Reduced -3.0k -3,020
68 MANNING & NAPIER ADVISORS LLC 0.03% of their portfolio Fairport, NY 93,13393.1k $2.6m $2.6m 0.03% Reduced -2.1k -2,096
69 MATHER GROUP, LLC. 0.03% of their portfolio CHICAGO, IL 91,93391.9k $2.6m $2.6m 0.03% Reduced -11.3k -11,302
70 Parcion Private Wealth LLC 0.15% of their portfolio BELLEVUE, WA 87,30687.3k $2.4m $2.4m 0.15% Added +10.8k +10,828
71 FIRST CITIZENS BANK & TRUST CO 0.05% of their portfolio RALEIGH, NC 87,02487.0k $2.4m $2.4m 0.05% Added +5.5k +5,506
72 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 86,92086.9k $2.4m $2.4m 0.00% Reduced -3.8k -3,826
73 Perigon Wealth Management, LLC 0.05% of their portfolio SAN FRANCISCO, CA 84,83084.8k $2.4m $2.4m 0.05% Added +10.0k +10,004
74 D L CARLSON INVESTMENT GROUP INC 0.38% of their portfolio CONCORD, NH 80,59580.6k $2.2m $2.2m 0.38% Added +11.9k +11,894
75 FORTE ASSET MANAGEMENT LLC 1.05% of their portfolio BEDFORD, NY 78,48178.5k $2.2m $2.2m 1.05% Unchanged
76 NOVARE CAPITAL MANAGEMENT LLC 0.17% of their portfolio CHARLOTTE, NC 78,27978.3k $2.2m $2.2m 0.17% Added +4.5k +4,530
77 ASHTON THOMAS SECURITIES, LLC 0.30% of their portfolio ROCHESTER, NY 78,05278.1k $2.2m $2.2m 0.30% New
78 IFG Advisory, LLC 0.10% of their portfolio ATLANTA, GA 76,27376.3k $2.1m $2.1m 0.10% Added +1.5k +1,478
79 FOCUS Wealth Advisors, LLC 0.99% of their portfolio HOUSTON, TX 74,26174.3k $2.1m $2.1m 0.99% Added +508 +508
80 Addison Capital Co 0.58% of their portfolio Conshohocken, PA 70,17870.2k $1.9m $1.9m 0.58% Added +11.5k +11,513
81 Mount Lucas Management LP 0.88% of their portfolio Newtown, PA 69,89769.9k $1.9m $1.9m 0.88% Added +2.1k +2,091
82 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 65,52065.5k $1.8m $1.8m 0.00% Reduced -5.0k -5,021
83 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 65,12365.1k $1.8m $1.8m 0.01% Reduced -197 -197
84 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 64,84064.8k $1.8m $1.8m 0.02% Added +4.4k +4,356
85 Outlook Wealth Advisors, LLC 0.44% of their portfolio SHENANDOAH, TX 63,46563.5k $1.8m $1.8m 0.44% New
86 Fifth Third Securities, Inc. 0.12% of their portfolio Cincinnati, OH 61,85861.9k $1.7m $1.7m 0.12% Reduced -747 -747
87 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 61,80061.8k $1.7m $1.7m 0.00% Reduced -35.3k -35,284
88 Sovran Advisors, LLC 0.15% of their portfolio SAN DIEGO, CA 60,89260.9k $1.7m $1.7m 0.15% Added +16.1k +16,093
89 AXS Investments LLC 0.50% of their portfolio PORT CHESTER, NY 56,94256.9k $1.6m $1.6m 0.50% Reduced -22.5k -22,510
90 Ausdal Financial Partners, Inc. 0.07% of their portfolio Davenport, IA 51,82351.8k $1.4m $1.4m 0.07% Added +2.4k +2,368
91 Wealth Advisory Solutions, LLC 0.34% of their portfolio ZIONSVILLE, IN 50,31850.3k $1.4m $1.4m 0.34% Added +539 +539
92 DDFG, Inc 0.32% of their portfolio THOUSAND OAKS, CA 49,89749.9k $1.4m $1.4m 0.32% Added +775 +775
93 M.E. ALLISON & CO., INC. 0.93% of their portfolio SAN ANTONIO, TX 47,96648.0k $1.3m $1.3m 0.93% Added +37 +37
94 Rialto Wealth Management, LLC 0.33% of their portfolio SYRACUSE, NY 45,57145.6k $1.3m $1.3m 0.33% Unchanged
95 Insight Advisors, LLC/ PA 0.19% of their portfolio Newtown, PA 44,43244.4k $1.2m $1.2m 0.19% Added +129 +129
96 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 44,43144.4k $1.2m $1.2m 0.00% Reduced -8.0k -8,024
97 Gladstone Institutional Advisory LLC 0.05% of their portfolio Bedminster, NJ 42,77742.8k $1.2m $1.2m 0.05% Added +1.4k +1,426
98 Farther Finance Advisors, LLC 0.02% of their portfolio SAN FRANCISCO, CA 42,02042.0k $1.2m $1.2m 0.02% Added +558 +558
99 Centurion Wealth Management LLC 0.26% of their portfolio Mclean, VA 41,48941.5k $1.2m $1.2m 0.26% New
100 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 40,58840.6k $1.1m $1.1m 0.01% Added +1.6k +1,597