Vault-13

ISHARES TR IBDR

IBONDS DEC2026 · ETP · CUSIP 46435GAA0

425 institutional holders +16 vs Q1 2025
97,699,19397.7m shares reported held*
$2.5bnreported value*
40 new 194 added 114 reduced 19 sold out net bought ≈ $124.7m (+6.0m 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 ($630.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.68.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 174Q4 22: 206Q1 23: 231Q2 23: 232Q3 23: 260Q4 23: 318Q1 24: 333Q2 24: 347Q3 24: 358Q4 24: 390Q1 25: 409Q2 25: 425425Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022174
Q4 2022206
Q1 2023231
Q2 2023232
Q3 2023260
Q4 2023318
Q1 2024333
Q2 2024347
Q3 2024358
Q4 2024390
Q1 2025409
Q2 2025425

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 174 bought or addedQ3 23: 61 cut or sold outQ4 23: 201 bought or addedQ4 23: 79 cut or sold outQ4 23Q1 24: 232 bought or addedQ1 24: 73 cut or sold outQ2 24: 222 bought or addedQ2 24: 94 cut or sold outQ2 24Q3 24: 231 bought or addedQ3 24: 90 cut or sold outQ4 24: 255 bought or addedQ4 24: 84 cut or sold outQ4 24Q1 25: 256 bought or addedQ1 25: 114 cut or sold outQ2 25: 234 bought or addedQ2 25: 133 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202317461
Q4 202320179
Q1 202423273
Q2 202422294
Q3 202423190
Q4 202425584
Q1 2025256114
Q2 2025234133

Biggest buyers

ROYAL BANK OF CANADA Added +1,440,903+1.4m
Focus Partners Wealth New +771,761+771.8k
Baltimore-Washington Financial Advisors, Inc. New +520,027+520.0k
EP Wealth Advisors, LLC Added +475,296+475.3k
HM PAYSON & CO Added +440,848+440.8k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +407,809+407.8k
Lido Advisors, LLC Added +380,319+380.3k
Sound View Wealth Advisors Group, LLC Added +301,106+301.1k
McGuire Investment Group, LLC New +300,843+300.8k
LPL Financial LLC Added +287,989+288.0k

Biggest sellers

AMERIPRISE FINANCIAL INC Reduced -763,896-763.9k
Focus Partners Wealth Sold out -672,995-673.0k
Baltimore-Washington Financial Advisors, Inc. Sold out -632,647-632.6k
Capital Investment Advisors, LLC Reduced -421,383-421.4k
RENAISSANCE TECHNOLOGIES LLC Reduced -344,822-344.8k
Wolfstich Capital, LLC Sold out -299,957-300.0k
Wick Capital Partners, LLC Reduced -241,360-241.4k
Black Swift Group, LLC Reduced -224,815-224.8k
GAMMA Investing LLC Reduced -150,370-150.4k
CITADEL ADVISORS LLC Sold out -134,001-134.0k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 8,974,5309.0m $217.6m $217.6m 0.02% Added +12.6k +12,600
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,269,5114.3m $103.5m $103.5m 0.01% Added +89.3k +89,258
3 HM PAYSON & CO 1.23% of their portfolio PORTLAND, ME 3,196,6133.2m $77.5m $77.5m 1.23% Added +440.8k +440,848
4 Lido Advisors, LLC 0.40% of their portfolio Los Angeles, CA 3,135,6283.1m $76.0m $76.0m 0.40% Added +380.3k +380,319
5 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 2,918,6302.9m $70.8m $70.8m 0.01% Added +1.4m +1,440,903
6 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 2,910,6162.9m $70.6m $70.6m 0.02% Added +288.0k +287,989
7 MERCER GLOBAL ADVISORS INC /ADV 0.15% of their portfolio DENVER, CO 2,821,4162.8m $68.4m $68.4m 0.15% Added +247.7k +247,742
8 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 2,623,4662.6m $63.6m $63.6m 0.02% Added +228.8k +228,806
9 CAPITAL ADVISORS INC/OK 1.09% of their portfolio TULSA, OK 2,500,0092.5m $60.6m $60.6m 1.09% Added +122.5k +122,483
10 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 2,477,1882.5m $60.1m $60.1m 0.02% Added +154.7k +154,712
11 Sarver Vrooman Wealth Advisors 28.26% of their portfolio KANSAS CITY, MO 1,753,4021.8m $42.5m $42.5m 28.26% Added +8.4k +8,426
12 Sound View Wealth Advisors Group, LLC 3.07% of their portfolio SAVANNAH, GA 1,710,8091.7m $41.5m $41.5m 3.07% Added +301.1k +301,106
13 CAPTRUST FINANCIAL ADVISORS 0.08% of their portfolio RALEIGH, NC 1,406,6201.4m $34.1m $34.1m 0.08% Added +234.9k +234,883
14 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,372,7101.4m $33.3m $33.3m 0.01% Reduced -763.9k -763,896
15 Gratus Wealth Advisors, LLC 4.87% of their portfolio VIRGINIA BEACH, VA 1,325,0631.3m $32.1m $32.1m 4.87% Added +27.4k +27,431
16 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,311,2241.3m $31.8m $31.8m 0.01% Reduced -23.5k -23,535
17 HOWLAND CAPITAL MANAGEMENT LLC 1.22% of their portfolio BOSTON, MA 1,236,1001.2m $30.0m $30.0m 1.22% Added +41.6k +41,627
18 Kathmere Capital Management, LLC 2.12% of their portfolio WAYNE, PA 1,135,2671.1m $27.5m $27.5m 2.12% Added +49.3k +49,274
19 SIGMA INVESTMENT COUNSELORS INC 1.51% of their portfolio NORTHVILLE, MI 1,129,6621.1m $27.4m $27.4m 1.51% Added +31.2k +31,247
20 SHUFRO ROSE & CO LLC 2.14% of their portfolio NEW YORK, NY 1,092,9991.1m $26.5m $26.5m 2.14% Reduced -15.7k -15,719
21 RVW Wealth, LLC 2.25% of their portfolio LOS ANGELES, CA 1,091,9351.1m $26.5m $26.5m 2.25% Added +70.3k +70,253
22 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 1,080,9521.1m $26.2m $26.2m 0.03% Added +10.2k +10,220
23 TABR Capital Management, LLC 22.08% of their portfolio ORANGE, CA 1,061,7381.1m $25.7m $25.7m 22.08% Added +20.9k +20,930
24 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 1,054,2591.1m $25.6m $25.6m 0.03% Added +7.6k +7,627
25 WOODMONT INVESTMENT COUNSEL LLC 1.55% of their portfolio NASHVILLE, TN 970,565970.6k $23.5m $23.5m 1.55% Reduced -59.1k -59,065
26 Venture Visionary Partners LLC 0.86% of their portfolio Sylvania, OH 937,560937.6k $22.7m $22.7m 0.86% Added +126.4k +126,415
27 Stratos Wealth Partners, LTD. 0.29% of their portfolio BEACHWOOD, OH 876,917876.9k $21.3m $21.3m 0.29% Reduced -69.3k -69,276
28 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 857,786857.8k $20.8m $20.8m 0.03% Reduced -23.7k -23,735
29 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 836,590836.6k $20.3m $20.3m 0.01% Added +82.8k +82,783
30 Klingman & Associates, LLC 1.09% of their portfolio New York, NY 818,441818.4k $19.8m $19.8m 1.09% Reduced -10.3k -10,314
31 Focus Partners Wealth 0.04% of their portfolio ST LOUIS, MO 771,761771.8k $18.7m $18.7m 0.04% New
32 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 759,301759.3k $18.4m $18.4m 0.03% Added +407.8k +407,809
33 NewEdge Advisors, LLC 0.09% of their portfolio NEW ORLEANS, LA 755,162755.2k $18.3m $18.3m 0.09% Added +65.7k +65,712
34 Kestra Advisory Services, LLC 0.09% of their portfolio AUSTIN, TX 723,145723.1k $17.5m $17.5m 0.09% Added +120.1k +120,077
35 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 705,278705.3k $17.1m $17.1m 0.02% Reduced -7.9k -7,912
36 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 689,186689.2k $16.7m $16.7m 0.02% Reduced -344.8k -344,822
37 Summit Asset Management, LLC 2.72% of their portfolio MEMPHIS, TN 688,575688.6k $16.7m $16.7m 2.72% Added +9.2k +9,196
38 BENJAMIN EDWARDS INC 0.21% of their portfolio Clayton, MO 684,433684.4k $16.6m $16.6m 0.21% Added +77.2k +77,193
39 Journey Advisory Group, LLC 1.27% of their portfolio COVINGTON, KY 673,805673.8k $16.3m $16.3m 1.27% Added +2.0k +2,006
40 MV CAPITAL MANAGEMENT, INC. 1.63% of their portfolio BETHESDA, MD 652,213652.2k $15.8m $15.8m 1.63% Reduced -2.8k -2,768
41 Glenview Trust Co 0.26% of their portfolio Louisville, KY 622,087622.1k $15.1m $15.1m 0.26% Reduced -10.6k -10,579
42 EP Wealth Advisors, LLC 0.10% of their portfolio TORRANCE, CA 621,930621.9k $15.1m $15.1m 0.10% Added +475.3k +475,296
43 CWM, LLC 0.05% of their portfolio OMAHA, NE 612,933612.9k $14.9m $14.9m 0.05% Reduced -6.8k -6,762
44 COWA, LLC 5.64% of their portfolio Tulsa, OK 610,840610.8k $14.8m $14.8m 5.64% Added +149.6k +149,573
45 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 588,771588.8k $14.3m $14.3m 0.01% Added +34.8k +34,753
46 CENTRAL TRUST Co 0.32% of their portfolio JEFFERSON CITY, MO 574,305574.3k $13.9m $13.9m 0.32% Added +19.3k +19,335
47 Arrow Financial Corp 1.46% of their portfolio Glens Falls, NY 573,374573.4k $13.9m $13.9m 1.46% Reduced -7.6k -7,562
48 Strid Group, LLC 1.95% of their portfolio NEWTOWN SQUARE, PA 570,852570.9k $13.8m $13.8m 1.95% Added +65.0k +65,036
49 Mesirow Financial Investment Management, Inc. 0.26% of their portfolio CHICAGO, IL 556,889556.9k $13.5m $13.5m 0.26% Added +3.4k +3,388
50 NOVEM GROUP 1.65% of their portfolio Rochester, NY 537,528537.5k $13.0m $13.0m 1.65% Added +19.6k +19,630
51 Baltimore-Washington Financial Advisors, Inc. 0.59% of their portfolio Columbia, MD 520,027520.0k $12.6m $12.6m 0.59% New
52 Northstar Group, Inc. 1.95% of their portfolio NEW YORK, NY 519,674519.7k $12.6m $12.6m 1.95% Added +52.8k +52,751
53 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 504,893504.9k $12.2m $12.2m 0.01% Reduced -111.6k -111,639
54 Global Retirement Partners, LLC 0.29% of their portfolio San Rafael, CA 485,281485.3k $11.8m $11.8m 0.29% First filing
55 Beacon Pointe Advisors, LLC 0.12% of their portfolio NEWPORT BEACH, CA 468,791468.8k $11.4m $11.4m 0.12% Added +9.3k +9,301
56 REBALANCE, LLC 0.75% of their portfolio PALO ALTO, CA 453,905453.9k $11.0m $11.0m 0.75% Added +7.2k +7,197
57 Bulltick Wealth Management, LLC 2.70% of their portfolio Miami, FL 450,515450.5k $10.9m $10.9m 2.70% Unchanged
58 SPINNAKER TRUST 0.64% of their portfolio PORTLAND, ME 441,217441.2k $10.7m $10.7m 0.64% Added +10.8k +10,828
59 Sanctuary Advisors, LLC 0.06% of their portfolio INDIANAPOLIS, IN 416,649416.6k $10.1m $10.1m 0.06% Reduced -15.8k -15,809
60 Keeler Thomas Management LLC 4.35% of their portfolio Orem, UT 416,353416.4k $10.1m $10.1m 4.35% Reduced -86.2k -86,195
61 IFP Advisors, Inc 0.28% of their portfolio TAMPA, FL 410,121410.1k $9.9m $9.9m 0.28% Added +13.9k +13,938
62 Windsor Capital Management, LLC 2.86% of their portfolio Phoenix, AZ 404,576404.6k $9.8m $9.8m 2.86% Reduced -3.4k -3,382
63 LYELL WEALTH MANAGEMENT, LP 0.75% of their portfolio MENLO PARK, CA 391,583391.6k $9.5m $9.5m 0.75% Added +27.1k +27,066
64 Capital Investment Advisors, LLC 0.17% of their portfolio ATLANTA, GA 377,446377.4k $9.5m $9.5m 0.17% Reduced -421.4k -421,383
65 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 345,761345.8k $8.4m $8.4m 0.00% Added +63.8k +63,769
66 InvesTrust 3.14% of their portfolio OKLAHOMA CITY, OK 335,380335.4k $8.1m $8.1m 3.14% Added +554 +554
67 ARCADIA INVESTMENT ADVISORS LLC 4.15% of their portfolio EAGLE, ID 330,359330.4k $8.0m $8.0m 4.15% Reduced -2.8k -2,847
68 MOSELEY INVESTMENT MANAGEMENT INC 2.74% of their portfolio BRADENTON, FL 328,427328.4k $8.0m $8.0m 2.74% Added +42.1k +42,067
69 LEAVELL INVESTMENT MANAGEMENT, INC. 0.35% of their portfolio MOBILE, AL 325,701325.7k $7.9m $7.9m 0.35% Added +6.5k +6,490
70 Allworth Financial LP 0.04% of their portfolio FOLSOM, CA 315,524315.5k $7.7m $7.7m 0.04% Added +5.7k +5,748
71 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 310,081310.1k $7.5m $7.5m 0.01% Added +3.4k +3,402
72 First National Trust Co 0.28% of their portfolio Johnstown, PA 310,075310.1k $7.5m $7.5m 0.28% Added +2.8k +2,761
73 McGuire Investment Group, LLC 0.93% of their portfolio WAKEFIELD, RI 300,843300.8k $7.3m $7.3m 0.93% New
74 Peloton Wealth Strategists 2.92% of their portfolio INDIANAPOLIS, IN 300,320300.3k $7.3m $7.3m 2.92% Added +2.5k +2,500
75 MCF Advisors LLC 0.46% of their portfolio LEXINGTON, KY 287,906287.9k $7.0m $7.0m 0.46% Reduced -560 -560
76 Atria Wealth Solutions, Inc. 0.16% of their portfolio NEW YORK, NY 286,070286.1k $6.9m $6.9m 0.16% Reduced -14.8k -14,761
77 Kesler, Norman & Wride, LLC 1.18% of their portfolio OGDEN, UT 275,397275.4k $6.7m $6.7m 1.18% Added +1.7k +1,705
78 SAX WEALTH ADVISORS, LLC 0.40% of their portfolio PARSIPPANY, NJ 273,274273.3k $6.6m $6.6m 0.40% Reduced -5.5k -5,511
79 Madden Advisory Services, Inc. 2.73% of their portfolio Jacksonville, FL 264,169264.2k $6.4m $6.4m 2.73% Added +38.0k +38,027
80 Snowden Capital Advisors LLC 0.18% of their portfolio New York, NY 257,956258.0k $6.3m $6.3m 0.18% Unchanged
81 Integras Partners LLC 6.27% of their portfolio Alpharetta, GA 256,700256.7k $6.2m $6.2m 6.27% Reduced -6.6k -6,552
82 FULTON BREAKEFIELD BROENNIMAN LLC 0.42% of their portfolio Bethesda, MD 255,322255.3k $6.2m $6.2m 0.42% Reduced -3.1k -3,122
83 EIGHT 31 FINANCIAL, LLC 4.07% of their portfolio MIDLAND, TX 254,196254.2k $6.2m $6.2m 4.07% Added +7.6k +7,641
84 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 251,983252.0k $6.1m $6.1m 0.03% Added +1.1k +1,094
85 Atlantic Union Bankshares Corp 0.14% of their portfolio GLEN ALLEN, VA 249,673249.7k $6.1m $6.1m 0.14% New
86 Laurel Wealth Advisors LLC 0.90% of their portfolio CHARLOTTE, NC 248,032248.0k $6.0m $6.0m 0.90% Added +1.6k +1,625
87 HAMEL ASSOCIATES, INC. 2.00% of their portfolio Center Valley, PA 244,019244.0k $5.9m $5.9m 2.00% Reduced -8.4k -8,425
88 Praetorian Wealth Management, Inc. 1.33% of their portfolio CARMEL, CA 238,140238.1k $5.8m $5.8m 1.33% Added +6.0k +5,966
89 Signature Wealth Management Group 2.25% of their portfolio ATLANTA, GA 235,185235.2k $5.7m $5.7m 2.25% Added +5.0k +5,031
90 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 234,015234.0k $5.7m $5.7m 0.01% Reduced -2.4k -2,396
91 Beaumont Asset Management, L.L.C. 3.05% of their portfolio BEAUMONT, TX 233,935233.9k $5.7m $5.7m 3.05% Added +21.3k +21,288
92 Merit Financial Group, LLC 0.06% of their portfolio ALPHARETTA, GA 231,762231.8k $5.6m $5.6m 0.06% New
93 Parallel Advisors, LLC 0.11% of their portfolio SAN FRANCISCO, CA 230,443230.4k $5.6m $5.6m 0.11% Added +20.8k +20,754
94 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 228,020228.0k $5.5m $5.5m 0.02% Added +5.9k +5,923
95 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 225,427225.4k $5.5m $5.5m 0.01% Reduced -554 -554
96 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.04% of their portfolio IRVING, TX 221,950221.9k $5.4m $5.4m 0.04% Added +8.1k +8,127
97 Mariner, LLC 0.01% of their portfolio Overland Park, KS 221,224221.2k $5.4m $5.4m 0.01% Reduced -4.8k -4,773
98 Houlihan Financial Resource Group, Ltd. 2.21% of their portfolio ASHBURN, VA 220,299220.3k $5.3m $5.3m 2.21% Reduced -2.0k -1,976
99 Crews Bank & Trust 0.84% of their portfolio PORT CHARLOTTE, FL 219,505219.5k $5.3m $5.3m 0.84% Added +15.7k +15,685
100 Atria Investments, Inc 0.06% of their portfolio Charlotte, NC 207,250207.2k $5.0m $5.0m 0.06% Reduced -24.2k -24,201