Vault-13

ISHARES TR IBDR

IBONDS DEC2026 · ETP · CUSIP 46435GAA0

459 institutional holders +33 vs Q3 2025
103,991,334104.0m shares reported held*
$2.7bnreported value*
52 new 220 added 105 reduced 39 sold out net bought ≈ $237.9m (+10.0m 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 ($543.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $26.00.

Trends to Q4 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: 425Q3 25: 426Q4 25: 459459Q3 22Q2 23Q1 24Q4 24Q4 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
Q3 2025426
Q4 2025459

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 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 25Q3 25: 264 bought or addedQ3 25: 127 cut or sold outQ4 25: 272 bought or addedQ4 25: 144 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202423273
Q2 202422294
Q3 202423190
Q4 202425584
Q1 2025256114
Q2 2025234133
Q3 2025264127
Q4 2025272144

Biggest buyers

CAPTRUST FINANCIAL ADVISORS Added +1,418,828+1.4m
COWA, LLC New +817,998+818.0k
HM PAYSON & CO Added +723,189+723.2k
Mariner, LLC Added +721,183+721.2k
LPL Financial LLC Added +634,858+634.9k
NovaPoint Capital, LLC Added +558,562+558.6k
MERCER GLOBAL ADVISORS INC /ADV Added +555,719+555.7k
RAYMOND JAMES FINANCIAL INC Added +550,268+550.3k
BANK OF AMERICA CORP /DE/ Added +541,582+541.6k
Focus Partners Wealth Added +494,126+494.1k

Biggest sellers

Summit Asset Management, LLC Reduced -693,531-693.5k
COWA, LLC Sold out -682,472-682.5k
Baltimore-Washington Financial Advisors, Inc. Sold out -490,596-490.6k
CITADEL ADVISORS LLC Sold out -421,532-421.5k
JPMORGAN CHASE & CO Reduced -419,813-419.8k
Windsor Capital Management, LLC Sold out -414,832-414.8k
Keeler Thomas Management LLC Sold out -399,260-399.3k
Summit Financial, LLC Reduced -313,995-314.0k
Madden Advisory Services, Inc. Sold out -292,524-292.5k
STIFEL FINANCIAL CORP Reduced -256,793-256.8k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 9,766,9069.8m $236.7m $236.7m 0.02% Added +541.6k +541,582
2 HM PAYSON & CO 1.46% of their portfolio PORTLAND, ME 4,283,1524.3m $103.8m $103.8m 1.46% Added +723.2k +723,189
3 MERCER GLOBAL ADVISORS INC /ADV 0.15% of their portfolio DENVER, CO 4,136,3774.1m $100.3m $100.3m 0.15% Added +555.7k +555,719
4 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 4,047,5134.0m $98.1m $98.1m 0.03% Added +634.9k +634,858
5 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,878,5273.9m $94.0m $94.0m 0.01% Added +170.2k +170,157
6 Lido Advisors, LLC 0.34% of their portfolio Los Angeles, CA 3,578,4823.6m $87.0m $87.0m 0.34% Reduced -14.4k -14,351
7 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 3,240,3083.2m $78.5m $78.5m 0.02% Added +550.3k +550,268
8 CAPTRUST FINANCIAL ADVISORS 0.13% of their portfolio RALEIGH, NC 2,917,3152.9m $70.7m $70.7m 0.13% Added +1.4m +1,418,828
9 Sound View Wealth Advisors Group, LLC 3.27% of their portfolio SAVANNAH, GA 2,013,3022.0m $48.8m $48.8m 3.27% Added +210.6k +210,605
10 Sarver Vrooman Wealth Advisors 27.31% of their portfolio KANSAS CITY, MO 1,772,8241.8m $43.0m $43.0m 27.31% Added +4.4k +4,441
11 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,486,9761.5m $36.0m $36.0m 0.01% Added +30.1k +30,076
12 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,485,9341.5m $36.0m $36.0m 0.01% Reduced -17.0k -17,037
13 Gratus Wealth Advisors, LLC 4.83% of their portfolio VIRGINIA BEACH, VA 1,436,5391.4m $34.8m $34.8m 4.83% Added +70.2k +70,236
14 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 1,408,6261.4m $34.1m $34.1m 0.05% Added +285.8k +285,759
15 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 1,396,6861.4m $33.8m $33.8m 0.04% Added +144.5k +144,467
16 HOWLAND CAPITAL MANAGEMENT LLC 1.24% of their portfolio BOSTON, MA 1,340,2141.3m $32.5m $32.5m 1.24% Added +9.8k +9,812
17 RVW Wealth, LLC 2.44% of their portfolio LOS ANGELES, CA 1,318,3611.3m $31.9m $31.9m 2.44% Added +182.4k +182,386
18 Focus Partners Wealth 0.04% of their portfolio ST LOUIS, MO 1,298,8921.3m $31.5m $31.5m 0.04% Added +494.1k +494,126
19 Kathmere Capital Management, LLC 2.09% of their portfolio WAYNE, PA 1,278,3791.3m $31.0m $31.0m 2.09% Reduced -10.0k -9,964
20 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,215,9131.2m $29.5m $29.5m 0.01% Reduced -39.2k -39,159
21 SIGMA INVESTMENT COUNSELORS INC 1.48% of their portfolio NORTHVILLE, MI 1,204,9341.2m $29.2m $29.2m 1.48% Added +29.0k +29,008
22 SHUFRO ROSE & CO LLC 1.95% of their portfolio NEW YORK, NY 1,191,0111.2m $28.9m $28.9m 1.95% Added +104.6k +104,556
23 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 1,077,2631.1m $26.1m $26.1m 0.02% Added +186.7k +186,733
24 NewEdge Advisors, LLC 0.09% of their portfolio NEW ORLEANS, LA 1,046,7231.0m $25.4m $25.4m 0.09% Added +141.5k +141,543
25 Stratos Wealth Partners, LTD. 0.28% of their portfolio BEACHWOOD, OH 1,039,4541.0m $25.2m $25.2m 0.28% Added +125.4k +125,413
26 Mariner, LLC 0.03% of their portfolio Overland Park, KS 982,857982.9k $23.8m $23.8m 0.03% Added +721.2k +721,183
27 TABR Capital Management, LLC 15.80% of their portfolio ORANGE, CA 977,298977.3k $23.7m $23.7m 15.80% Reduced -94.4k -94,396
28 IFS Advisors, LLC 11.78% of their portfolio OVERLAND PARK, KS 936,131936.1k $22.7m $22.7m 11.78% Added +468.9k +468,903
29 Kestra Advisory Services, LLC 0.09% of their portfolio AUSTIN, TX 851,544851.5k $20.6m $20.6m 0.09% Added +105.2k +105,154
30 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 830,956831.0k $20.1m $20.1m 0.03% Added +6.1k +6,119
31 Venture Visionary Partners LLC 0.66% of their portfolio Sylvania, OH 829,557829.6k $20.2m $20.2m 0.66% Added +84.5k +84,519
32 COWA, LLC 5.84% of their portfolio Tulsa, OK 817,998818.0k $19.2m $19.2m 5.84% New
33 Journey Advisory Group, LLC 1.58% of their portfolio COVINGTON, KY 775,428775.4k $18.8m $18.8m 1.58% Added +81.1k +81,112
34 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 774,107774.1k $18.8m $18.8m 0.02% Added +72.0k +71,951
35 REBALANCE, LLC 1.09% of their portfolio PALO ALTO, CA 772,737772.7k $18.7m $18.7m 1.09% Added +70.1k +70,108
36 BENJAMIN EDWARDS INC 0.20% of their portfolio Clayton, MO 752,932752.9k $18.2m $18.2m 0.20% Added +29.1k +29,077
37 MV CAPITAL MANAGEMENT, INC. 1.68% of their portfolio BETHESDA, MD 721,664721.7k $17.5m $17.5m 1.68% Added +67.2k +67,164
38 Klingman & Associates, LLC 0.83% of their portfolio New York, NY 712,284712.3k $17.3m $17.3m 0.83% Reduced -90.6k -90,573
39 Glenview Trust Co 0.25% of their portfolio Louisville, KY 660,350660.4k $16.0m $16.0m 0.25% Added +2.5k +2,462
40 NovaPoint Capital, LLC 4.07% of their portfolio ATLANTA, GA 651,647651.6k $15.8m $15.8m 4.07% Added +558.6k +558,562
41 Sanctuary Advisors, LLC 0.08% of their portfolio INDIANAPOLIS, IN 639,888639.9k $15.5m $15.5m 0.08% Reduced -233.9k -233,949
42 CENTRAL TRUST Co 0.30% of their portfolio JEFFERSON CITY, MO 636,652636.7k $15.4m $15.4m 0.30% Added +50.0k +49,952
43 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 622,030622.0k $15.1m $15.1m 0.02% Reduced -26.5k -26,502
44 Cornerstone Planning, LLC 3.35% of their portfolio CHARLOTTE, NC 595,283595.3k $14.4m $14.4m 3.35% First filing
45 Strid Group, LLC 1.78% of their portfolio NEWTOWN SQUARE, PA 589,521589.5k $14.3m $14.3m 1.78% Added +15.0k +15,035
46 CWM, LLC 0.04% of their portfolio OMAHA, NE 586,464586.5k $14.2m $14.2m 0.04% Reduced -15.0k -14,980
47 Arrow Financial Corp 1.40% of their portfolio Glens Falls, NY 577,982578.0k $14.0m $14.0m 1.40% Added +18.8k +18,834
48 Global Retirement Partners, LLC 0.24% of their portfolio San Rafael, CA 557,348557.3k $13.5m $13.5m 0.24% Added +40.6k +40,620
49 Beacon Pointe Advisors, LLC 0.09% of their portfolio NEWPORT BEACH, CA 543,836543.8k $13.2m $13.2m 0.09% Added +42.3k +42,305
50 Northstar Group, Inc. 1.79% of their portfolio NEW YORK, NY 542,210542.2k $13.1m $13.1m 1.79% Added +12.5k +12,536
51 Capital Investment Advisors, LLC 0.20% of their portfolio ATLANTA, GA 541,186541.2k $13.1m $13.1m 0.20% Added +107.2k +107,180
52 SPINNAKER TRUST 0.70% of their portfolio PORTLAND, ME 539,916539.9k $13.1m $13.1m 0.70% Added +54.0k +54,044
53 LYELL WEALTH MANAGEMENT, LP 0.87% of their portfolio MENLO PARK, CA 498,249498.2k $12.1m $12.1m 0.87% Added +63.4k +63,388
54 Baltimore-Washington Financial Advisors, Inc. 0.49% of their portfolio Columbia, MD 489,849489.8k $11.9m $11.9m 0.49% New
55 EP Wealth Advisors, LLC 0.06% of their portfolio TORRANCE, CA 484,335484.3k $11.7m $11.7m 0.06% First filing
56 Bulltick Wealth Management, LLC 2.32% of their portfolio Miami, FL 450,515450.5k $10.9m $10.9m 2.32% Unchanged
57 Wick Capital Partners, LLC 1.94% of their portfolio WAYNE, PA 446,401446.4k $10.8m $10.8m 1.94% Added +147.3k +147,284
58 Mesirow Financial Investment Management, Inc. 0.22% of their portfolio CHICAGO, IL 445,591445.6k $10.8m $10.8m 0.22% Reduced -124.0k -124,033
59 Windsor Capital Management, LLC 2.79% of their portfolio Phoenix, AZ 417,139417.1k $10.1m $10.1m 2.79% New
60 Allworth Financial LP 0.04% of their portfolio FOLSOM, CA 413,069413.1k $10.0m $10.0m 0.04% Added +84.4k +84,385
61 MOSELEY INVESTMENT MANAGEMENT INC 3.08% of their portfolio BRADENTON, FL 411,130411.1k $10.0m $10.0m 3.08% Added +9.1k +9,123
62 IFP Advisors, Inc 0.22% of their portfolio TAMPA, FL 396,553396.6k $9.6m $9.6m 0.22% Reduced -13.4k -13,365
63 First National Trust Co 0.31% of their portfolio Johnstown, PA 383,441383.4k $9.3m $9.3m 0.31% Added +61.2k +61,207
64 ARCADIA INVESTMENT ADVISORS LLC 4.23% of their portfolio EAGLE, ID 375,573375.6k $9.1m $9.1m 4.23% Added +41.7k +41,702
65 Keeler Thomas Management LLC 4.33% of their portfolio Orem, UT 375,082375.1k $9.1m $9.1m 4.33% New
66 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 372,176372.2k $9.0m $9.0m 0.02% Added +232.5k +232,460
67 LEAVELL INVESTMENT MANAGEMENT, INC. 0.38% of their portfolio MOBILE, AL 372,071372.1k $9.0m $9.0m 0.38% Added +35.7k +35,660
68 BlackRock, Inc. 0.00% of their portfolio New York, NY 370,904370.9k $9.0m $9.0m 0.00% Added +291.8k +291,767
69 McGuire Investment Group, LLC 0.96% of their portfolio WAKEFIELD, RI 369,565369.6k $9.0m $9.0m 0.96% Added +37.8k +37,782
70 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 369,292369.3k $8.9m $8.9m 0.01% Reduced -256.8k -256,793
71 SAX WEALTH ADVISORS, LLC 0.41% of their portfolio PARSIPPANY, NJ 361,295361.3k $8.8m $8.8m 0.41% Added +46.1k +46,148
72 Kesler, Norman & Wride, LLC 1.40% of their portfolio OGDEN, UT 337,230337.2k $8.2m $8.2m 1.40% Added +76.5k +76,507
73 Ironwood Financial, llc 1.38% of their portfolio TUCSON, AZ 336,465336.5k $8.2m $8.2m 1.38% Added +60.2k +60,243
74 InvesTrust 3.13% of their portfolio OKLAHOMA CITY, OK 333,622333.6k $8.1m $8.1m 3.13% Reduced -11.2k -11,177
75 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 330,066330.1k $8.0m $8.0m 0.01% Reduced -39.0k -38,964
76 Atria Investments, Inc 0.09% of their portfolio Charlotte, NC 326,570326.6k $7.9m $7.9m 0.09% Added +114.8k +114,758
77 OneDigital Investment Advisors LLC 0.08% of their portfolio OVERLAND PARK, KS 318,248318.2k $7.7m $7.7m 0.08% Added +247.3k +247,299
78 Madden Advisory Services, Inc. 3.08% of their portfolio Jacksonville, FL 316,590316.6k $7.7m $7.7m 3.08% New
79 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 315,386315.4k $7.6m $7.6m 0.01% Added +26.8k +26,759
80 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.04% of their portfolio IRVING, TX 302,955303.0k $7.3m $7.3m 0.04% Added +46.5k +46,540
81 Peloton Wealth Strategists 2.83% of their portfolio INDIANAPOLIS, IN 301,825301.8k $7.3m $7.3m 2.83% Reduced -2.3k -2,295
82 Merit Financial Group, LLC 0.06% of their portfolio ALPHARETTA, GA 289,005289.0k $7.0m $7.0m 0.06% Added +41.2k +41,203
83 Balentine LLC 0.25% of their portfolio ATLANTA, GA 276,815276.8k $6.7m $6.7m 0.25% Added +78.9k +78,901
84 Integras Partners LLC 5.21% of their portfolio Alpharetta, GA 265,970266.0k $6.4m $6.4m 5.21% Added +6.7k +6,722
85 Beaumont Asset Management, L.L.C. 3.20% of their portfolio BEAUMONT, TX 264,526264.5k $6.4m $6.4m 3.20% Added +24.2k +24,201
86 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 263,933263.9k $6.4m $6.4m 0.03% Added +9.5k +9,468
87 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.10% of their portfolio MINNEAPOLIS, MN 263,724263.7k $6.4m $6.4m 0.10% Added +20.4k +20,390
88 FULTON BREAKEFIELD BROENNIMAN LLC 0.40% of their portfolio Bethesda, MD 258,676258.7k $6.3m $6.3m 0.40% Reduced -7.5k -7,530
89 Resonant Capital Advisors, LLC 0.34% of their portfolio Madison, WI 258,186258.2k $6.3m $6.3m 0.34% Added +11.0k +11,010
90 Laurel Wealth Advisors LLC 0.81% of their portfolio CHARLOTTE, NC 252,502252.5k $6.1m $6.1m 0.81% Reduced -1.1k -1,120
91 Parallel Advisors, LLC 0.11% of their portfolio SAN FRANCISCO, CA 249,666249.7k $6.1m $6.1m 0.11% Added +6.8k +6,833
92 Praetorian Wealth Management, Inc. 1.20% of their portfolio CARMEL, CA 249,114249.1k $6.0m $6.0m 1.20% Added +7.0k +6,975
93 Snowden Capital Advisors LLC 0.15% of their portfolio New York, NY 247,566247.6k $6.0m $6.0m 0.15% Reduced -10.7k -10,714
94 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.09% of their portfolio ST. LOUIS, MO 243,126243.1k $5.9m $5.9m 0.09% New
95 HAMEL ASSOCIATES, INC. 1.75% of their portfolio Center Valley, PA 238,950238.9k $5.8m $5.8m 1.75% Reduced -1.4k -1,429
96 Integrated Wealth Concepts LLC 0.07% of their portfolio WALTHAM, MA 236,679236.7k $5.7m $5.7m 0.07% Reduced -1.1k -1,109
97 Signature Wealth Management Group 2.32% of their portfolio ATLANTA, GA 234,755234.8k $5.7m $5.7m 2.32% Reduced -536 -536
98 Atlantic Union Bankshares Corp 0.11% of their portfolio GLEN ALLEN, VA 231,436231.4k $5.6m $5.6m 0.11% Reduced -4.2k -4,193
99 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 229,501229.5k $5.6m $5.6m 0.01% Reduced -10.2k -10,204
100 MCF Advisors LLC 0.31% of their portfolio LEXINGTON, KY 229,106229.1k $5.6m $5.6m 0.31% Reduced -77.1k -77,093