Vault-13

ISHARES TR SYSB

SYSTEMATIC BD ET · ETP · CUSIP 46435U796

194 institutional holders +169 vs Q3 2025
7,857,8127.9m shares reported held*
$705.4mreported value*
159 new 15 added 3 reduced 4 sold out net bought ≈ $665.1m (+7.4m 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 ($5.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $89.77.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 32Q4 22: 30Q1 23: 31Q2 23: 29Q3 23: 29Q4 23: 26Q1 24: 26Q2 24: 23Q3 24: 22Q4 24: 21Q1 25: 22Q2 25: 21Q3 25: 25Q4 25: 194194Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202232
Q4 202230
Q1 202331
Q2 202329
Q3 202329
Q4 202326
Q1 202426
Q2 202423
Q3 202422
Q4 202421
Q1 202522
Q2 202521
Q3 202525
Q4 2025194

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 10 bought or addedQ1 24: 9 cut or sold outQ2 24: 7 bought or addedQ2 24: 15 cut or sold outQ2 24Q3 24: 8 bought or addedQ3 24: 7 cut or sold outQ4 24: 6 bought or addedQ4 24: 11 cut or sold outQ4 24Q1 25: 8 bought or addedQ1 25: 12 cut or sold outQ2 25: 9 bought or addedQ2 25: 9 cut or sold outQ2 25Q3 25: 16 bought or addedQ3 25: 8 cut or sold outQ4 25: 174 bought or addedQ4 25: 7 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024109
Q2 2024715
Q3 202487
Q4 2024611
Q1 2025812
Q2 202599
Q3 2025168
Q4 20251747

Biggest buyers

ENVESTNET ASSET MANAGEMENT INC New +2,281,523+2.3m
LPL Financial LLC Added +881,173+881.2k
JPMORGAN CHASE & CO New +408,676+408.7k
Cetera Investment Advisers Added +251,940+251.9k
Envestnet Portfolio Solutions, Inc. New +245,847+245.8k
MORGAN STANLEY Added +243,616+243.6k
BANK OF AMERICA CORP /DE/ Added +242,600+242.6k
CWM, LLC Added +170,738+170.7k
OneDigital Investment Advisors LLC New +147,519+147.5k
Bank of New York Mellon Corp New +145,279+145.3k

Biggest sellers

Stratos Wealth Partners, LTD. Reduced -94,035-94.0k
AMERIPRISE FINANCIAL INC Reduced -84,484-84.5k
CITADEL ADVISORS LLC Sold out -36,951-37.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -6,530-6.5k
JANE STREET GROUP, LLC Sold out -5,332-5.3k
Quadcap Wealth Management, LLC Reduced -140-140
UBS Group AG Sold out -126-126

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution +8.4 pts · filed 2026-10-27 8.4% +8.4 pts 1.3m≈ $113.8m 2026-10-27
BlackRock Portfolio Management LLC 13G · institution +4.0 pts · filed 2026-10-27 5.6% +4.0 pts 849.8k≈ $75.4m 2026-10-27

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio Berwyn, PA 2,281,5232.3m $204.8m $204.8m 0.06% New
2 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 887,775887.8k $79.7m $79.7m 0.02% Added +881.2k +881,173
3 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 408,676408.7k $36.7m $36.7m 0.00% New
4 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 257,588257.6k $23.1m $23.1m 0.03% Added +251.9k +251,940
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 249,718249.7k $22.4m $22.4m 0.00% Added +242.6k +242,600
6 Envestnet Portfolio Solutions, Inc. 0.08% of their portfolio BERWYN, PA 245,847245.8k $22.1m $22.1m 0.08% New
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 243,617243.6k $21.9m $21.9m 0.00% Added +243.6k +243,616
8 CWM, LLC 0.04% of their portfolio OMAHA, NE 170,840170.8k $15.3m $15.3m 0.04% Added +170.7k +170,738
9 OneDigital Investment Advisors LLC 0.13% of their portfolio OVERLAND PARK, KS 147,519147.5k $13.2m $13.2m 0.13% New
10 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 145,279145.3k $13.0m $13.0m 0.00% New
11 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 137,903137.9k $12.4m $12.4m 0.03% New
12 PARK AVENUE SECURITIES LLC 0.10% of their portfolio NEW YORK, NY 131,127131.1k $11.8m $11.8m 0.10% New
13 BlackRock, Inc. 0.00% of their portfolio New York, NY 123,608123.6k $11.1m $11.1m 0.00% Added +7.4k +7,358
14 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.06% of their portfolio IRVING, TX 110,136110.1k $9.9m $9.9m 0.06% New
15 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 109,528109.5k $9.8m $9.8m 0.00% New
16 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 102,111102.1k $9.2m $9.2m 0.03% New
17 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 101,686101.7k $9.1m $9.1m 0.02% New
18 Foundations Investment Advisors, LLC 0.08% of their portfolio PHOENIX, AZ 68,14868.1k $6.1m $6.1m 0.08% New
19 Merit Financial Group, LLC 0.05% of their portfolio ALPHARETTA, GA 67,48367.5k $6.1m $6.1m 0.05% New
20 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 58,87758.9k $5.3m $5.3m 0.01% New
21 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 58,75758.8k $5.3m $5.3m 0.00% New
22 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 58,26958.3k $5.2m $5.2m 0.00% New
23 Kelly Financial Services LLC 1.27% of their portfolio BRAINTREE, MA 56,43656.4k $5.1m $5.1m 1.27% New
24 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 54,84154.8k $4.9m $4.9m 0.01% New
25 Ascent Group, LLC 0.17% of their portfolio VIRGINIA BEACH, VA 54,13554.1k $4.9m $4.9m 0.17% New
26 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 50,28950.3k $4.5m $4.5m 0.02% New
27 CreativeOne Wealth, LLC 0.10% of their portfolio OVERLAND PARK, KS 46,72146.7k $4.2m $4.2m 0.10% New
28 SteelPeak Wealth, LLC 0.13% of their portfolio WOODLAND HILLS, CA 43,91243.9k $3.9m $3.9m 0.13% New
29 CFS Investment Advisory Services, LLC 0.23% of their portfolio TOTOWA, NJ 35,75335.8k $3.2m $3.2m 0.23% New
30 NorthRock Partners, LLC 0.05% of their portfolio MINNEAPOLIS, MN 35,63335.6k $3.2m $3.2m 0.05% New
31 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 34,97035.0k $3.1m $3.1m 0.04% New
32 Triad Wealth Partners, LLC 0.29% of their portfolio LAWRENCE, KS 34,45834.5k $3.1m $3.1m 0.29% New
33 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 32,36232.4k $2.9m $2.9m 0.00% New
34 Perigon Wealth Management, LLC 0.05% of their portfolio SAN FRANCISCO, CA 32,11432.1k $2.9m $2.9m 0.05% New
35 Sharkey, Howes & Javer 0.35% of their portfolio DENVER, CO 31,07431.1k $2.8m $2.8m 0.35% New
36 AE Wealth Management LLC 0.02% of their portfolio TOPEKA, KS 30,90030.9k $2.8m $2.8m 0.02% Added +30.9k +30,896
37 Scarborough Advisors, LLC 0.46% of their portfolio ANNAPOLIS, MD 30,42730.4k $2.7m $2.7m 0.46% New
38 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.16% of their portfolio Westlake, OH 29,03529.0k $2.6m $2.6m 0.16% New
39 Beacon Bridge Wealth Partners, LLC 0.86% of their portfolio LOWER GWYNEDD, PA 28,78228.8k $2.6m $2.6m 0.86% New
40 Atria Investments, Inc 0.03% of their portfolio Charlotte, NC 27,78027.8k $2.5m $2.5m 0.03% New
41 TSA Wealth Managment LLC 0.82% of their portfolio HOUSTON, TX 27,41927.4k $2.5m $2.5m 0.82% New
42 Kingsview Wealth Management, LLC 0.04% of their portfolio GRANTS PASS, OR 27,37127.4k $2.5m $2.5m 0.04% New
43 Pettinga Financial Advisors LLC 0.44% of their portfolio EVANSVILLE, IN 26,06226.1k $2.3m $2.3m 0.44% New
44 Horst & Graben Wealth Management LLC 0.35% of their portfolio PORTLAND, OR 25,92225.9k $2.3m $2.3m 0.35% New
45 Strategic Blueprint, LLC 0.13% of their portfolio ATLANTA, GA 24,89424.9k $2.2m $2.2m 0.13% New
46 SWP FINANCIAL LLC 1.11% of their portfolio ENCINITAS, CA 24,62324.6k $2.2m $2.2m 1.11% New
47 Midwest Capital Advisors, LLC 0.97% of their portfolio Grand Rapids, MI 22,44622.4k $2.0m $2.0m 0.97% New
48 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 21,83621.8k $2.0m $2.0m 0.00% Reduced -84.5k -84,484
49 Mutual Advisors, LLC 0.04% of their portfolio OMAHA, NE 20,94720.9k $1.9m $1.9m 0.04% Added +16.2k +16,244
50 Ethos Capital Management, Inc. 1.68% of their portfolio NEWTOWN, PA 19,90719.9k $1.8m $1.8m 1.68% First filing
51 CURTIS WEALTH MANAGEMENT LLC 1.47% of their portfolio HENDERSON, NV 18,77518.8k $1.7m $1.7m 1.47% First filing
52 One Wealth Advisors, LLC 0.20% of their portfolio SAN FRANCISCO, CA 18,38518.4k $1.7m $1.7m 0.20% New
53 INTEGRITY ALLIANCE, LLC. 0.06% of their portfolio Urbandale, IA 17,21117.2k $1.5m $1.5m 0.06% New
54 Trek Financial, LLC 0.09% of their portfolio Scottsdale, AZ 16,55416.6k $1.5m $1.5m 0.09% New
55 Austin Private Wealth, LLC 0.11% of their portfolio Austin, TX 16,36116.4k $1.5m $1.5m 0.11% New
56 Optivise Advisory Services LLC 0.82% of their portfolio FRANKLIN, TN 15,90615.9k $1.4m $1.4m 0.82% New
57 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 15,88715.9k $1.4m $1.4m 0.00% New
58 MLG Wealth Management DBA Pine Grove Financial Group 0.16% of their portfolio WOODBURY, MN 14,69414.7k $1.3m $1.3m 0.16% First filing
59 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 14,00414.0k $1.3m $1.3m 0.00% New
60 High Falls Advisors, Inc 0.25% of their portfolio ROCHESTER, NY 13,56713.6k $1.2m $1.2m 0.25% New
61 Mariner, LLC 0.00% of their portfolio Overland Park, KS 13,47413.5k $1.2m $1.2m 0.00% New
62 Stokes Family Office, LLC 0.11% of their portfolio NEW ORLEANS, LA 13,45313.5k $1.2m $1.2m 0.11% New
63 Perennial Investment Advisors, LLC 0.09% of their portfolio Los Angeles, CA 13,21213.2k $1.2m $1.2m 0.09% New
64 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 12,91212.9k $1.2m $1.2m 0.01% New
65 SigFig Wealth Management, LLC 0.03% of their portfolio SAN FRANCISCO, CA 12,82212.8k $1.2m $1.2m 0.03% New
66 Simplicity Wealth,LLC 0.07% of their portfolio SUMMIT, NJ 12,81812.8k $1.2m $1.2m 0.07% New
67 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 12,76312.8k $1.1m $1.1m 0.00% Added +7.8k +7,753
68 U.S. Capital Wealth Advisors, LLC 0.03% of their portfolio AUSTIN, TX 12,69912.7k $1.1m $1.1m 0.03% New
69 Apeiron RIA LLC 0.23% of their portfolio Dallas, TX 12,68112.7k $1.1m $1.1m 0.23% New
70 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 12,29112.3k $1.1m $1.1m 0.01% New
71 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 12,13512.1k $1.1m $1.1m 0.01% Reduced -94.0k -94,035
72 Tyche Wealth Partners LLC 0.17% of their portfolio PLANO, TX 11,81511.8k $1.1m $1.1m 0.17% New
73 Atlatl Advisers LLC 0.39% of their portfolio MADISON, WI 11,21811.2k $1.0m $1.0m 0.39% New
74 Global Retirement Partners, LLC 0.02% of their portfolio San Rafael, CA 11,02611.0k $989.7k $989.7k 0.02% New
75 WealthShield Partners, LLC 0.10% of their portfolio CARY, NC 10,58010.6k $949.7k $949.7k 0.10% New
76 Bay Harbor Wealth Management, LLC 0.24% of their portfolio Hunt Valley, MD 10,24910.2k $920.0k $920.0k 0.24% New
77 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 10,12610.1k $909.8k $909.8k 0.00% Added +8.4k +8,385
78 Lansing Street Advisors 0.23% of their portfolio AMBLER, PA 10,02110.0k $899.5k $899.5k 0.23% New
79 True Vision MN LLC 0.45% of their portfolio WOODBURY, MN 9,9489.9k $892.9k $892.9k 0.45% New
80 PAX Financial Group, LLC 0.15% of their portfolio SAN ANTONIO, TX 9,7739.8k $877.2k $877.2k 0.15% New
81 Synergy Investment Management, LLC 0.30% of their portfolio ALTAMONTE SPRINGS, FL 9,5679.6k $858.7k $858.7k 0.30% New
82 Shared Vision Wealth Group LLC 0.35% of their portfolio CARLSBAD, X1 9,4729.5k $853.6k $853.6k 0.35% New
83 Icon Wealth Advisors, LLC 0.06% of their portfolio HOUSTON, TX 9,2309.2k $828.6k $828.6k 0.06% New
84 Blue Trust, Inc. 0.01% of their portfolio BRENTWOOD, TN 9,0859.1k $815.5k $815.5k 0.01% New
85 Cassilly Financial Group LLC 0.70% of their portfolio SEVERNA PARK, MD 8,8768.9k $796.7k $796.7k 0.70% First filing
86 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 8,8438.8k $793.8k $793.8k 0.01% New
87 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 8,7888.8k $788.7k $788.7k 0.00% New
88 Regal Investment Advisors LLC 0.05% of their portfolio KENTWOOD, MI 8,5718.6k $769.3k $769.3k 0.05% New
89 Ashton Thomas Private Wealth, LLC 0.02% of their portfolio SCOTTSDALE, AZ 8,5158.5k $764.3k $764.3k 0.02% New
90 Sovran Advisors, LLC 0.06% of their portfolio SAN DIEGO, CA 8,3528.4k $751.0k $751.0k 0.06% New
91 Arax Advisory Partners 0.02% of their portfolio NEW YORK, NY 8,2858.3k $743.7k $743.7k 0.02% New
92 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 8,2298.2k $738.6k $738.6k 0.00% New
93 Range Financial Group LLC 0.25% of their portfolio TIGARD, OR 8,1698.2k $733.2k $733.2k 0.25% New
94 JB Capital LLC 0.03% of their portfolio WETHERSFIELD, CT 8,0548.1k $722.9k $722.9k 0.03% New
95 EHRLICH FINANCIAL GROUP 0.41% of their portfolio LAGUNA NIGUEL, CA 7,9888.0k $717.0k $717.0k 0.41% New
96 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 7,9798.0k $716.2k $716.2k 0.00% New
97 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 7,5817.6k $680.5k $680.5k 0.00% New
98 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 7,5717.6k $679.0k $679.0k 0.00% New
99 Invst, LLC 0.07% of their portfolio INDIANAPOLIS, IN 7,4077.4k $664.9k $664.9k 0.07% New
100 BCGM Wealth Management, LLC 0.17% of their portfolio LAFAYETTE, IN 7,2527.3k $650.9k $650.9k 0.17% New