Vault-13

ISHARES TR IBDT

IBDS DEC28 ETF · ETP · CUSIP 46435U515

412 institutional holders +30 vs Q3 2025
106,093,715106.1m shares reported held*
$2.7bnreported value*
37 new 248 added 56 reduced 25 sold out net bought ≈ $416.7m (+16.4m 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 ($661.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.46.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 105Q4 22: 123Q1 23: 142Q2 23: 157Q3 23: 181Q4 23: 239Q1 24: 264Q2 24: 287Q3 24: 293Q4 24: 331Q1 25: 346Q2 25: 365Q3 25: 382Q4 25: 412412Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022105
Q4 2022123
Q1 2023142
Q2 2023157
Q3 2023181
Q4 2023239
Q1 2024264
Q2 2024287
Q3 2024293
Q4 2024331
Q1 2025346
Q2 2025365
Q3 2025382
Q4 2025412

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 193 bought or addedQ1 24: 47 cut or sold outQ2 24: 184 bought or addedQ2 24: 62 cut or sold outQ2 24Q3 24: 198 bought or addedQ3 24: 57 cut or sold outQ4 24: 233 bought or addedQ4 24: 46 cut or sold outQ4 24Q1 25: 238 bought or addedQ1 25: 73 cut or sold outQ2 25: 225 bought or addedQ2 25: 82 cut or sold outQ2 25Q3 25: 263 bought or addedQ3 25: 81 cut or sold outQ4 25: 285 bought or addedQ4 25: 81 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202419347
Q2 202418462
Q3 202419857
Q4 202423346
Q1 202523873
Q2 202522582
Q3 202526381
Q4 202528581

Biggest buyers

MERCER GLOBAL ADVISORS INC /ADV Added +5,503,912+5.5m
HM PAYSON & CO Added +2,246,627+2.2m
UBS Group AG Added +783,385+783.4k
Summit Asset Management, LLC Added +719,036+719.0k
NewEdge Advisors, LLC Added +552,205+552.2k
BANK OF AMERICA CORP /DE/ Added +526,335+526.3k
AMERIPRISE FINANCIAL INC Added +389,640+389.6k
LPL Financial LLC Added +377,678+377.7k
REBALANCE, LLC Added +340,113+340.1k
PFG Private Wealth Management, LLC New +319,627+319.6k

Biggest sellers

ROYAL BANK OF CANADA Reduced -724,288-724.3k
CONFLUENCE INVESTMENT MANAGEMENT LLC Sold out -399,602-399.6k
JPMORGAN CHASE & CO Reduced -325,195-325.2k
Summit Financial, LLC Reduced -251,445-251.4k
PARK AVENUE SECURITIES LLC Reduced -158,635-158.6k
Matthew Goff Investment Advisor, LLC Sold out -142,349-142.3k
RENAISSANCE TECHNOLOGIES LLC Sold out -114,200-114.2k
ENVESTNET ASSET MANAGEMENT INC Reduced -100,398-100.4k
Sanctuary Advisors, LLC Reduced -89,014-89.0k
Corient Private Wealth LP Sold out -83,126-83.1k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MERCER GLOBAL ADVISORS INC /ADV 0.34% of their portfolio DENVER, CO 8,819,9638.8m $226.0m $226.0m 0.34% Added +5.5m +5,503,912
2 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 8,671,2488.7m $220.7m $220.7m 0.02% Added +526.3k +526,335
3 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,589,9724.6m $116.8m $116.8m 0.01% Added +216.0k +216,028
4 Capital Investment Advisors, LLC 1.41% of their portfolio ATLANTA, GA 3,631,0343.6m $92.4m $92.4m 1.41% Added +215.9k +215,874
5 CAPITAL ADVISORS INC/OK 1.35% of their portfolio TULSA, OK 3,303,5353.3m $84.1m $84.1m 1.35% Added +91.5k +91,525
6 UBS Group AG 0.02% of their portfolio ZURICH, V8 3,034,0093.0m $77.2m $77.2m 0.02% Added +783.4k +783,385
7 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 2,975,7263.0m $75.7m $75.7m 0.02% Added +312.3k +312,261
8 Lido Advisors, LLC 0.24% of their portfolio Los Angeles, CA 2,419,2672.4m $61.7m $61.7m 0.24% Added +13.6k +13,641
9 HM PAYSON & CO 0.82% of their portfolio PORTLAND, ME 2,290,2132.3m $58.3m $58.3m 0.82% Added +2.2m +2,246,627
10 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 2,264,9062.3m $57.7m $57.7m 0.02% Added +377.7k +377,678
11 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,855,8951.9m $47.2m $47.2m 0.01% Added +163.5k +163,468
12 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 1,810,9351.8m $46.1m $46.1m 0.05% Added +186.7k +186,654
13 WOODMONT INVESTMENT COUNSEL LLC 2.59% of their portfolio NASHVILLE, TN 1,626,2671.6m $41.4m $41.4m 2.59% Reduced -121 -121
14 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,606,7581.6m $40.9m $40.9m 0.01% Added +389.6k +389,640
15 Sound View Wealth Advisors Group, LLC 2.47% of their portfolio SAVANNAH, GA 1,446,0081.4m $36.8m $36.8m 2.47% Added +240.8k +240,759
16 HENGEHOLD CAPITAL MANAGEMENT LLC 3.01% of their portfolio CINCINNATI, OH 1,402,8621.4m $35.7m $35.7m 3.01% Added +42.5k +42,545
17 SUMMITRY LLC 1.48% of their portfolio Foster City, CA 1,391,6841.4m $35.4m $35.4m 1.48% Added +38.7k +38,688
18 Gratus Wealth Advisors, LLC 4.59% of their portfolio VIRGINIA BEACH, VA 1,301,4141.3m $33.1m $33.1m 4.59% Added +36.2k +36,163
19 Klingman & Associates, LLC 1.56% of their portfolio New York, NY 1,266,8551.3m $32.2m $32.2m 1.56% Added +105.5k +105,454
20 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,262,0601.3m $32.1m $32.1m 0.01% Reduced -724.3k -724,288
21 SIGMA INVESTMENT COUNSELORS INC 1.62% of their portfolio NORTHVILLE, MI 1,249,0031.2m $31.8m $31.8m 1.62% Added +55.5k +55,529
22 Kathmere Capital Management, LLC 2.05% of their portfolio WAYNE, PA 1,196,2231.2m $30.4m $30.4m 2.05% Reduced -6.7k -6,699
23 HOWLAND CAPITAL MANAGEMENT LLC 1.15% of their portfolio BOSTON, MA 1,190,5171.2m $30.3m $30.3m 1.15% Added +63.9k +63,919
24 RVW Wealth, LLC 2.12% of their portfolio LOS ANGELES, CA 1,088,6571.1m $27.7m $27.7m 2.12% Added +108.3k +108,285
25 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 1,025,6851.0m $26.1m $26.1m 0.03% Added +198.6k +198,563
26 Baltimore-Washington Financial Advisors, Inc. 1.05% of their portfolio Columbia, MD 992,996993.0k $25.3m $25.3m 1.05% Added +38.9k +38,869
27 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 957,793957.8k $24.4m $24.4m 0.02% Added +76.4k +76,378
28 CAPTRUST FINANCIAL ADVISORS 0.04% of their portfolio RALEIGH, NC 869,275869.3k $22.1m $22.1m 0.04% Added +129.2k +129,204
29 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 857,238857.2k $21.8m $21.8m 0.03% Added +9.4k +9,402
30 NewEdge Advisors, LLC 0.07% of their portfolio NEW ORLEANS, LA 750,929750.9k $19.1m $19.1m 0.07% Added +552.2k +552,205
31 REBALANCE, LLC 1.09% of their portfolio PALO ALTO, CA 734,069734.1k $18.7m $18.7m 1.09% Added +340.1k +340,113
32 MV CAPITAL MANAGEMENT, INC. 1.79% of their portfolio BETHESDA, MD 730,627730.6k $18.6m $18.6m 1.79% Added +35.9k +35,914
33 Summit Asset Management, LLC 2.62% of their portfolio MEMPHIS, TN 728,665728.7k $18.5m $18.5m 2.62% Added +719.0k +719,036
34 Kestra Advisory Services, LLC 0.07% of their portfolio AUSTIN, TX 678,756678.8k $17.3m $17.3m 0.07% Added +107.6k +107,576
35 BENJAMIN EDWARDS INC 0.19% of their portfolio Clayton, MO 675,760675.8k $17.2m $17.2m 0.19% Added +38.4k +38,370
36 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 649,471649.5k $16.5m $16.5m 0.02% Added +73.3k +73,334
37 Apollon Wealth Management, LLC 0.28% of their portfolio MOUNT PLEASANT, SC 630,820630.8k $16.1m $16.1m 0.28% Added +39.4k +39,398
38 Global Retirement Partners, LLC 0.28% of their portfolio San Rafael, CA 615,991616.0k $15.7m $15.7m 0.28% Added +55.5k +55,450
39 Arrow Financial Corp 1.43% of their portfolio Glens Falls, NY 563,080563.1k $14.3m $14.3m 1.43% Added +18.6k +18,609
40 Sanctuary Advisors, LLC 0.08% of their portfolio INDIANAPOLIS, IN 546,466546.5k $13.9m $13.9m 0.08% Reduced -89.0k -89,014
41 Glenview Trust Co 0.21% of their portfolio Louisville, KY 538,628538.6k $13.7m $13.7m 0.21% Added +29.8k +29,760
42 Summit Financial, LLC 0.20% of their portfolio PARSIPPANY, NJ 528,351528.4k $13.4m $13.4m 0.20% Reduced -251.4k -251,445
43 Snowden Capital Advisors LLC 0.33% of their portfolio New York, NY 505,287505.3k $12.9m $12.9m 0.33% Added +11.7k +11,749
44 SPINNAKER TRUST 0.67% of their portfolio PORTLAND, ME 489,263489.3k $12.5m $12.5m 0.67% Added +60.6k +60,557
45 CENTRAL TRUST Co 0.24% of their portfolio JEFFERSON CITY, MO 488,519488.5k $12.4m $12.4m 0.24% Added +119.5k +119,550
46 Windsor Capital Management, LLC 3.39% of their portfolio Phoenix, AZ 482,267482.3k $12.3m $12.3m 3.39% Reduced -1.1k -1,079
47 LYELL WEALTH MANAGEMENT, LP 0.88% of their portfolio MENLO PARK, CA 479,315479.3k $12.2m $12.2m 0.88% Added +76.0k +75,950
48 First National Trust Co 0.39% of their portfolio Johnstown, PA 454,609454.6k $11.6m $11.6m 0.39% Added +86.8k +86,845
49 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 451,331451.3k $11.5m $11.5m 0.01% Added +64.1k +64,106
50 NOVEM GROUP 1.32% of their portfolio Rochester, NY 449,307449.3k $11.4m $11.4m 1.32% Added +88.5k +88,487
51 Stratos Wealth Partners, LTD. 0.13% of their portfolio BEACHWOOD, OH 447,000447.0k $11.4m $11.4m 0.13% Added +60.9k +60,874
52 Probity Advisors, Inc. 1.68% of their portfolio DALLAS, TX 412,676412.7k $10.5m $10.5m 1.68% Added +19.4k +19,366
53 First International Bank of Israel Ltd. 5.01% of their portfolio TEL AVIV, L3 411,582411.6k $10.5m $10.5m 5.01% Added +1.9k +1,865
54 Commonwealth Financial Services, LLC 1.69% of their portfolio VIENNA, WV 403,169403.2k $10.3m $10.3m 1.69% Added +16.5k +16,537
55 Peloton Wealth Strategists 3.85% of their portfolio INDIANAPOLIS, IN 390,560390.6k $9.9m $9.9m 3.85% Added +25.6k +25,600
56 BlackRock, Inc. 0.00% of their portfolio New York, NY 353,833353.8k $9.0m $9.0m 0.00% Added +278.3k +278,313
57 Cornerstone Planning, LLC 2.01% of their portfolio CHARLOTTE, NC 339,238339.2k $8.6m $8.6m 2.01% First filing
58 Allworth Financial LP 0.04% of their portfolio FOLSOM, CA 337,980338.0k $8.6m $8.6m 0.04% Added +165.3k +165,256
59 ARCADIA INVESTMENT ADVISORS LLC 3.83% of their portfolio EAGLE, ID 323,397323.4k $8.2m $8.2m 3.83% Added +64.5k +64,493
60 EIGHT 31 FINANCIAL, LLC 4.48% of their portfolio MIDLAND, TX 321,261321.3k $8.2m $8.2m 4.48% Added +22.0k +22,039
61 PFG Private Wealth Management, LLC 3.56% of their portfolio LUTZ, FL 319,627319.6k $8.1m $8.1m 3.56% New
62 Atria Investments, Inc 0.09% of their portfolio Charlotte, NC 318,179318.2k $8.1m $8.1m 0.09% Added +113.5k +113,453
63 Mesirow Financial Investment Management, Inc. 0.17% of their portfolio CHICAGO, IL 318,156318.2k $8.1m $8.1m 0.17% Reduced -23.1k -23,098
64 Northstar Group, Inc. 1.10% of their portfolio NEW YORK, NY 316,889316.9k $8.1m $8.1m 1.10% Added +151.2k +151,168
65 Beacon Pointe Advisors, LLC 0.06% of their portfolio NEWPORT BEACH, CA 310,625310.6k $7.9m $7.9m 0.06% Added +21.5k +21,517
66 InvesTrust 3.01% of their portfolio OKLAHOMA CITY, OK 305,522305.5k $7.8m $7.8m 3.01% Added +3.0k +3,015
67 Strid Group, LLC 0.94% of their portfolio NEWTOWN SQUARE, PA 297,754297.8k $7.6m $7.6m 0.94% Added +95.6k +95,554
68 Parallel Advisors, LLC 0.14% of their portfolio SAN FRANCISCO, CA 290,513290.5k $7.4m $7.4m 0.14% Added +31.3k +31,330
69 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 263,683263.7k $6.7m $6.7m 0.01% Added +31.8k +31,754
70 Praetorian Wealth Management, Inc. 1.29% of their portfolio CARMEL, CA 254,734254.7k $6.5m $6.5m 1.29% Added +21.5k +21,506
71 CWM, LLC 0.02% of their portfolio OMAHA, NE 247,269247.3k $6.3m $6.3m 0.02% Added +9.3k +9,271
72 IFP Advisors, Inc 0.14% of their portfolio TAMPA, FL 246,459246.5k $6.3m $6.3m 0.14% Added +23.6k +23,612
73 MCF Advisors LLC 0.34% of their portfolio LEXINGTON, KY 242,983243.0k $6.2m $6.2m 0.34% Reduced -35.9k -35,949
74 Guidance Point Advisors, LLC 1.43% of their portfolio Wellesley, MA 242,520242.5k $6.2m $6.2m 1.43% Added +44.6k +44,604
75 HAMEL ASSOCIATES, INC. 1.86% of their portfolio Center Valley, PA 242,188242.2k $6.2m $6.2m 1.86% Added +7.4k +7,413
76 MinichMacGregor Wealth Management, LLC 1.10% of their portfolio Saratoga Springs, NY 237,418237.4k $6.0m $6.0m 1.10% Added +6.5k +6,459
77 Cheviot Value Management, LLC 0.59% of their portfolio BEVERLY HILLS, CA 237,044237.0k $6.0m $6.0m 0.59% Added +19.1k +19,058
78 SONATA CAPITAL GROUP INC 2.17% of their portfolio SEATTLE, WA 236,533236.5k $6.0m $6.0m 2.17% Added +56.1k +56,077
79 Cherry Tree Wealth Management, LLC 1.25% of their portfolio MINNETONKA, MN 232,602232.6k $5.9m $5.9m 1.25% Added +11.8k +11,768
80 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 232,417232.4k $5.9m $5.9m 0.01% Added +95.7k +95,691
81 OneDigital Investment Advisors LLC 0.06% of their portfolio OVERLAND PARK, KS 225,470225.5k $5.7m $5.7m 0.06% New
82 Ironwood Financial, llc 0.97% of their portfolio TUCSON, AZ 225,237225.2k $5.7m $5.7m 0.97% Added +33.2k +33,183
83 Penobscot Investment Management Company, Inc. 0.43% of their portfolio BOSTON, MA 224,168224.2k $5.7m $5.7m 0.43% Added +31.4k +31,445
84 EP Wealth Advisors, LLC 0.03% of their portfolio TORRANCE, CA 222,745222.7k $5.7m $5.7m 0.03% First filing
85 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 222,194222.2k $5.7m $5.7m 0.01% Added +26.0k +25,974
86 Signature Wealth Management Group 2.28% of their portfolio ATLANTA, GA 220,059220.1k $5.6m $5.6m 2.28% Reduced -235 -235
87 Composition Wealth, LLC 0.08% of their portfolio LOS ANGELES, CA 219,858219.9k $5.6m $5.6m 0.08% Added +13.0k +13,028
88 Merit Financial Group, LLC 0.04% of their portfolio ALPHARETTA, GA 219,749219.7k $5.6m $5.6m 0.04% Added +44.7k +44,661
89 Atlantic Union Bankshares Corp 0.10% of their portfolio GLEN ALLEN, VA 219,420219.4k $5.6m $5.6m 0.10% Reduced -8.9k -8,911
90 Houlihan Financial Resource Group, Ltd. 2.13% of their portfolio ASHBURN, VA 219,263219.3k $5.6m $5.6m 2.13% Added +122.2k +122,203
91 Integrated Wealth Concepts LLC 0.07% of their portfolio WALTHAM, MA 216,042216.0k $5.5m $5.5m 0.07% Reduced -19.3k -19,292
92 DROMS STRAUSS ADVISORS INC /MO/ /ADV 1.42% of their portfolio ST. LOUIS, MO 212,014212.0k $5.4m $5.4m 1.42% Added +15.6k +15,635
93 HARBOR ADVISORY CORP /MA/ 1.61% of their portfolio PORTSMOUTH, NH 208,749208.7k $5.3m $5.3m 1.61% Added +27.4k +27,389
94 LBMC INVESTMENT ADVISORS, LLC 0.32% of their portfolio BRENTWOOD, TN 206,658206.7k $5.3m $5.3m 0.32% Added +19.9k +19,907
95 Krilogy Financial LLC 0.18% of their portfolio ST. LOUIS, MO 205,552205.6k $5.2m $5.2m 0.18% Added +6.1k +6,077
96 Modern Wealth Management, LLC 0.09% of their portfolio KANSAS CITY, MO 202,716202.7k $5.2m $5.2m 0.09% New
97 VIRGINIA WEALTH MANAGEMENT GROUP, INC. 2.98% of their portfolio VIRGINIA BEACH, VA 200,585200.6k $5.1m $5.1m 2.98% Added +6.2k +6,240
98 Twin Cities Retirement Group LLC 4.82% of their portfolio PLYMOUTH, MN 196,011196.0k $5.0m $5.0m 4.82% First filing
99 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 195,912195.9k $5.0m $5.0m 0.00% Added +66.6k +66,616
100 Winthrop Partners - WNY, LLC 2.67% of their portfolio Buffalo, NY 194,429194.4k $4.9m $4.9m 2.67% First filing