Vault-13

ISHARES TR USHY

BROAD USD HIGH · ETP · CUSIP 46435U853

564 institutional holders +13 vs Q4 2024
463,409,174463.4m shares reported held*
$17.1bnreported value*
79 new 212 added 180 reduced 69 sold out net bought ≈ $741.5m (+19.8m 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 ($35.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $36.81. Options: 0 managers hold calls (— notional), 1 hold puts ($74).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 347Q4 22: 383Q1 23: 393Q2 23: 394Q3 23: 410Q4 23: 453Q1 24: 455Q2 24: 476Q3 24: 504Q4 24: 551Q1 25: 564564Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022347
Q4 2022383
Q1 2023393
Q2 2023394
Q3 2023410
Q4 2023453
Q1 2024455
Q2 2024476
Q3 2024504
Q4 2024551
Q1 2025564

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 216 bought or addedQ2 23: 175 cut or sold outQ3 23: 237 bought or addedQ3 23: 151 cut or sold outQ3 23Q4 23: 234 bought or addedQ4 23: 179 cut or sold outQ1 24: 250 bought or addedQ1 24: 198 cut or sold outQ1 24Q2 24: 274 bought or addedQ2 24: 191 cut or sold outQ3 24: 300 bought or addedQ3 24: 189 cut or sold outQ3 24Q4 24: 320 bought or addedQ4 24: 191 cut or sold outQ1 25: 291 bought or addedQ1 25: 249 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023216175
Q3 2023237151
Q4 2023234179
Q1 2024250198
Q2 2024274191
Q3 2024300189
Q4 2024320191
Q1 2025291249

Calls vs puts

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

CallsPuts
$0$2k$4k$6k$8kQ2 24 calls: $7.3kQ2 24 puts: $0Q2 24P/C 0.00Q3 24 calls: $7.5kQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $74Q1 25P/C —
Numbers
QuarterCallsPutsP/C
Q2 2024$7.3k$00.00
Q3 2024$7.5k$00.00
Q4 2024$0$0—
Q1 2025$0$74—

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +23,211,214+23.2m
JPMORGAN CHASE & CO Added +4,277,291+4.3m
Ilmarinen Mutual Pension Insurance Co Added +3,300,000+3.3m
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Added +2,025,000+2.0m
Ocean Park Asset Management, LLC Added +1,895,858+1.9m
PRUDENTIAL PLC Added +1,499,362+1.5m
JONES FINANCIAL COMPANIES LLLP Added +1,383,024+1.4m
FACTORY MUTUAL INSURANCE CO New +1,355,000+1.4m
CITIGROUP INC Added +1,348,532+1.3m
WELLS FARGO & COMPANY/MN Added +1,124,179+1.1m

Biggest sellers

BlackRock, Inc. Reduced -8,333,763-8.3m
Counterpoint Mutual Funds LLC Reduced -3,157,217-3.2m
STATE STREET CORP Reduced -2,542,039-2.5m
STATE OF WISCONSIN INVESTMENT BOARD Sold out -2,316,927-2.3m
NORTHERN TRUST CORP Reduced -2,062,755-2.1m
Thrivent Financial for Lutherans Reduced -1,789,719-1.8m
Venturi Wealth Management, LLC Reduced -1,368,512-1.4m
MACKENZIE FINANCIAL CORP Reduced -1,233,206-1.2m
ROYAL BANK OF CANADA Reduced -1,167,515-1.2m
JANE STREET GROUP, LLC Sold out -1,159,450-1.2m

Biggest calls

None

Biggest puts

Quaker Wealth Management, LLC First filing $742 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

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.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: BlackRock Portfolio Management LLC (1.6%, 2026-10-27)

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PRUDENTIAL PLC 14.82% of their portfolio LONDON, X0 79,714,90279.7m $2.9bn $2.9bn 14.82% Added +1.5m +1,499,362
2 NORTHERN TRUST CORP 0.22% of their portfolio CHICAGO, IL 40,250,81640.3m $1.5bn $1.5bn 0.22% Reduced -2.1m -2,062,755
3 BlackRock, Inc. 0.03% of their portfolio New York, NY 38,764,56638.8m $1.4bn $1.4bn 0.03% Reduced -8.3m -8,333,763
4 WELLS FARGO & COMPANY/MN 0.34% of their portfolio SAN FRANCISCO, CA 38,233,98238.2m $1.4bn $1.4bn 0.34% Added +1.1m +1,124,179
5 BANK OF AMERICA CORP /DE/ 0.09% of their portfolio CHARLOTTE, NC 27,770,17327.8m $1.0bn $1.0bn 0.09% Added +23.2m +23,211,214
6 JONES FINANCIAL COMPANIES LLLP 0.69% of their portfolio DES PERES, MO 20,808,05520.8m $765.1m $765.1m 0.69% Added +1.4m +1,383,024
7 Ilmarinen Mutual Pension Insurance Co 5.60% of their portfolio HELSINKI, H9 17,180,00017.2m $632.4m $632.4m 5.60% Added +3.3m +3,300,000
8 RAYMOND JAMES FINANCIAL INC 0.22% of their portfolio ST. PETERSBURG, FL 15,891,93815.9m $585.0m $585.0m 0.22% Added +432.5k +432,545
9 GOLDMAN SACHS GROUP INC 0.11% of their portfolio NEW YORK, NY 15,673,06315.7m $576.9m $576.9m 0.11% Added +929.0k +929,034
10 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 12,395,39412.4m $456.3m $456.3m 0.03% Reduced -417.5k -417,500
11 Ocean Park Asset Management, LLC 15.19% of their portfolio SANTA MONICA, CA 11,630,69611.6m $428.1m $428.1m 15.19% Added +1.9m +1,895,858
12 Japan Science & Technology Agency 4.99% of their portfolio TOKYO, M0 8,819,9068.8m $324.7m $324.7m 4.99% Unchanged
13 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 8,187,1118.2m $301.4m $301.4m 0.02% Added +4.3m +4,277,291
14 Thrivent Financial for Lutherans 0.50% of their portfolio Minneapolis, MN 6,179,3996.2m $227.7m $227.7m 0.50% Reduced -1.8m -1,789,719
15 Counterpoint Mutual Funds LLC 27.65% of their portfolio San Diego, CA 5,243,7865.2m $193.0m $193.0m 27.65% Reduced -3.2m -3,157,217
16 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 4,846,1574.8m $178.4m $178.4m 0.07% Added +1.0m +1,008,873
17 Kensington Asset Management, LLC 17.99% of their portfolio AUSTIN, TX 4,651,1104.7m $171.2m $171.2m 17.99% Reduced -83.0k -83,050
18 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 4,557,7564.6m $167.8m $167.8m 0.05% Reduced -118.0k -118,031
19 TIAA TRUST, NATIONAL ASSOCIATION 0.48% of their portfolio CHARLOTTE, NC 4,179,1084.2m $153.8m $153.8m 0.48% Reduced -285.8k -285,826
20 BNP PARIBAS FINANCIAL MARKETS 0.10% of their portfolio PARIS, I0 3,461,9443.5m $127.4m $127.4m 0.10% First filing
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 3,224,7783.2m $118.7m $118.7m 0.02% Reduced -113.7k -113,705
22 UBS Group AG 0.02% of their portfolio ZURICH, V8 3,001,9203.0m $110.5m $110.5m 0.02% Reduced -400.3k -400,285
23 NEPC LLC 2.61% of their portfolio Boston, MA 2,563,3232.6m $94.4m $94.4m 2.61% Unchanged
24 1832 Asset Management L.P. 0.16% of their portfolio TORONTO, A6 2,305,5752.3m $84.9m $84.9m 0.16% Reduced -11.5k -11,543
25 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.52% of their portfolio VICTORIA, A1 2,299,0002.3m $84.6m $84.6m 0.52% Added +2.0m +2,025,000
26 SigFig Wealth Management, LLC 2.98% of their portfolio SAN FRANCISCO, CA 2,244,6872.2m $82.5m $82.5m 2.98% Added +49.3k +49,278
27 1607 Capital Partners, LLC 6.20% of their portfolio Richmond, VA 2,090,6002.1m $77.0m $77.0m 6.20% Added +422.0k +422,000
28 Clark Capital Management Group, Inc. 0.54% of their portfolio PHILADELPHIA, PA 2,059,5682.1m $75.8m $75.8m 0.54% Added +1.3k +1,260
29 ALLSTATE CORP 2.15% of their portfolio NORTHBROOK, IL 1,988,0002.0m $73.2m $73.2m 2.15% Unchanged
30 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,840,9921.8m $67.8m $67.8m 0.01% Added +102.1k +102,114
31 Roberts Financial Services LLC 12.85% of their portfolio MARQUETTE, MI 1,796,9571.8m $66.1m $66.1m 12.85% Reduced -15.8k -15,813
32 CITIGROUP INC 0.05% of their portfolio NEW YORK, NY 1,788,6981.8m $65.8m $65.8m 0.05% Added +1.3m +1,348,532
33 One Capital Management, LLC 2.13% of their portfolio WESTLAKE VILLAGE, CA 1,714,7161.7m $63.1m $63.1m 2.13% Added +57.8k +57,752
34 REBALANCE, LLC 4.60% of their portfolio PALO ALTO, CA 1,698,8291.7m $62.5m $62.5m 4.60% Added +48.8k +48,792
35 Angeles Investment Advisors, LLC 3.18% of their portfolio SANTA MONICA, CA 1,604,0001.6m $59.0m $59.0m 3.18% Reduced -567.0k -567,000
36 Cerity Partners LLC 0.12% of their portfolio NEW YORK, NY 1,574,3291.6m $58.0m $58.0m 0.12% Added +181.1k +181,147
37 Bricktown Capital, LLC 10.83% of their portfolio DETROIT, MI 1,570,8461.6m $57.8m $57.8m 10.83% Unchanged
38 ASSETMARK, INC 0.15% of their portfolio CONCORD, CA 1,524,6651.5m $56.1m $56.1m 0.15% Reduced -34.8k -34,846
39 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 1,480,5601.5m $54.5m $54.5m 0.03% Unchanged
40 FACTORY MUTUAL INSURANCE CO 0.58% of their portfolio WALTHAM, MA 1,355,0001.4m $49.9m $49.9m 0.58% New
41 Koss-Olinger Consulting, LLC 4.07% of their portfolio GAINESVILLE, FL 1,313,6151.3m $48.4m $48.4m 4.07% Added +14.9k +14,881
42 Alaska Permanent Fund Corp 0.67% of their portfolio JUNEAU, AK 1,311,6191.3m $48.0m $48.0m 0.67% Reduced -300.0k -300,000
43 Wealthfront Advisers LLC 0.13% of their portfolio Palo Alto, CA 1,283,2281.3m $47.2m $47.2m 0.13% Added +161.6k +161,649
44 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.76% of their portfolio BOSTON, MA 1,228,9731.2m $45.2m $45.2m 0.76% Added +378.2k +378,198
45 DSC Meridian Capital LP 35.53% of their portfolio NEW YORK, NY 1,192,0521.2m $43.9m $43.9m 35.53% Added +615.6k +615,624
46 Betterment LLC 0.10% of their portfolio NEW YORK, NY 1,183,2611.2m $43.6m $43.6m 0.10% Added +864.5k +864,460
47 CWM, LLC 0.17% of their portfolio OMAHA, NE 1,144,7441.1m $42.1m $42.1m 0.17% Added +8.3k +8,318
48 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,144,6381.1m $42.1m $42.1m 0.01% Reduced -1.2m -1,167,515
49 Prime Capital Investment Advisors, LLC 0.45% of their portfolio OVERLAND PARK, KS 1,043,5641.0m $38.4m $38.4m 0.45% Added +36.7k +36,720
50 OSAIC HOLDINGS, INC. 0.08% of their portfolio SCOTTSDALE, AZ 1,020,0951.0m $37.6m $37.6m 0.08% Reduced -462.8k -462,847
51 Logan Stone Capital, LLC 16.88% of their portfolio CHICAGO, IL 983,933983.9k $36.2m $36.2m 16.88% New
52 MERCER GLOBAL ADVISORS INC /ADV 0.08% of their portfolio DENVER, CO 963,285963.3k $35.5m $35.5m 0.08% Reduced -367.1k -367,131
53 US BANCORP \DE\ 0.05% of their portfolio MINNEAPOLIS, MN 962,905962.9k $35.4m $35.4m 0.05% Reduced -13.0k -12,956
54 NEOS Investment Management LLC 0.67% of their portfolio Westport, CT 961,003961.0k $35.2m $35.2m 0.67% Added +205.3k +205,314
55 AXXCESS WEALTH MANAGEMENT, LLC 0.89% of their portfolio CARLSBAD, CA 889,962890.0k $32.8m $32.8m 0.89% Reduced -23.9k -23,943
56 Capital Asset Advisory Services LLC 1.66% of their portfolio Williamston, MI 886,460886.5k $32.6m $32.6m 1.66% Reduced -26.8k -26,797
57 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 816,561816.6k $30.1m $30.1m 0.06% Added +51.9k +51,923
58 OLD MISSION CAPITAL LLC 0.56% of their portfolio CHICAGO, IL 793,334793.3k $29.2m $29.2m 0.56% New
59 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 782,961783.0k $28.8m $28.8m 0.00% Reduced -2.5m -2,542,039
60 MACKENZIE FINANCIAL CORP 0.04% of their portfolio TORONTO ONTARIO, A6 779,461779.5k $28.7m $28.7m 0.04% Reduced -1.2m -1,233,206
61 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 777,705777.7k $28.6m $28.6m 0.03% Added +112.8k +112,788
62 Prestige Wealth Management Group LLC 5.96% of their portfolio FLEMINGTON, NJ 757,203757.2k $27.9m $27.9m 5.96% Added +32.6k +32,606
63 OneDigital Investment Advisors LLC 0.31% of their portfolio OVERLAND PARK, KS 705,427705.4k $26.0m $26.0m 0.31% Added +464.2k +464,250
64 LOOMIS SAYLES & CO L P 0.04% of their portfolio BOSTON, MA 666,580666.6k $24.5m $24.5m 0.04% Added +127.4k +127,395
65 &PARTNERS 0.25% of their portfolio NASHVILLE, TN 650,658650.7k $23.9m $23.9m 0.25% Added +81.4k +81,375
66 SUMITOMO LIFE INSURANCE CO 0.81% of their portfolio TOKYO, M0 615,600615.6k $22.7m $22.7m 0.81% Reduced -109.0k -109,000
67 Santa Clara Valley Transportation Authority 22.36% of their portfolio SAN JOSE, CA 614,225614.2k $22.6m $22.6m 22.36% Unchanged
68 GTS SECURITIES LLC 0.88% of their portfolio NEW YORK, NY 555,000555.0k $20.4m $20.4m 0.88% New
69 Baker Avenue Asset Management, LP 0.64% of their portfolio SAN FRANCISCO, CA 551,043551.0k $20.3m $20.3m 0.64% Added +10.7k +10,699
70 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 547,910547.9k $20.2m $20.2m 0.03% Added +39.2k +39,168
71 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 545,567545.6k $20.1m $20.1m 0.02% Added +47.6k +47,619
72 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 540,516540.5k $19.9m $19.9m 0.02% New
73 PHILLIPS FINANCIAL MANAGEMENT, LLC 1.46% of their portfolio FORT WAYNE, IN 514,841514.8k $19.0m $19.0m 1.46% Added +24.2k +24,246
74 SHENKMAN CAPITAL MANAGEMENT INC 1.83% of their portfolio NEW YORK, NY 495,850495.9k $18.0m $18.0m 1.83% Added +423.0k +423,000
75 HRT FINANCIAL LP 0.13% of their portfolio NEW YORK, NY 492,607492.6k $18.1m $18.1m 0.13% Added +229.0k +229,028
76 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 476,886476.9k $17.6m $17.6m 0.01% Reduced -431.3k -431,341
77 POTOMAC FUND MANAGEMENT INC /ADV 7.56% of their portfolio BETHESDA, MD 467,101467.1k $17.2m $17.2m 7.56% Reduced -404.8k -404,762
78 First Command Advisory Services, Inc. 0.15% of their portfolio FORT WORTH, TX 432,007432.0k $15.9m $15.9m 0.15% Added +56.5k +56,547
79 Equitable Holdings, Inc. 0.15% of their portfolio NEW YORK, NY 430,677430.7k $15.9m $15.9m 0.15% Reduced -8.0k -8,044
80 PRUDENTIAL FINANCIAL INC 0.02% of their portfolio NEWARK, NJ 414,138414.1k $15.2m $15.2m 0.02% Reduced -498.4k -498,378
81 Wedmont Private Capital 0.75% of their portfolio WEST CHESTER, PA 409,744409.7k $14.6m $14.6m 0.75% Added +13.6k +13,624
82 FORM Wealth Advisors, LLC 1.96% of their portfolio Lake Geneva, WI 392,891392.9k $14.5m $14.5m 1.96% First filing
83 Y.D. More Investments Ltd 1.25% of their portfolio Ramat Gan, L3 388,257388.3k $14.3m $14.3m 1.25% Reduced -31.9k -31,866
84 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 388,074388.1k $14.3m $14.3m 0.01% Added +32.7k +32,738
85 Allegiance Financial Group Advisory Services LLC 4.20% of their portfolio VIENNA, VA 375,397375.4k $13.8m $13.8m 4.20% Added +28.5k +28,459
86 TOWNSQUARE CAPITAL LLC 0.14% of their portfolio Lehi, UT 366,000366.0k $13.5m $13.5m 0.14% Added +92.4k +92,403
87 NOMURA ASSET MANAGEMENT CO LTD 0.04% of their portfolio TOKYO, M0 363,600363.6k $13.4m $13.4m 0.04% Reduced -98.7k -98,700
88 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 354,341354.3k $13.0m $13.0m 0.02% Added +23.7k +23,654
89 Pathstone Holdings, LLC 0.06% of their portfolio ENGLEWOOD, NJ 343,023343.0k $12.7m $12.7m 0.06% Added +238.4k +238,412
90 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 342,014342.0k $12.6m $12.6m 0.01% Added +33.7k +33,727
91 JTC Employer Solutions Trustee Ltd 0.94% of their portfolio ST HELIER, Y9 310,219310.2k $11.4m $11.4m 0.94% Unchanged
92 Rakuten Investment Management, Inc. 0.05% of their portfolio TOKYO, M0 303,286303.3k $11.2m $11.2m 0.05% First filing
93 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.09% of their portfolio IRVING, TX 296,970297.0k $10.9m $10.9m 0.09% Added +210.8k +210,830
94 Trajan Wealth LLC 0.57% of their portfolio SCOTTSDALE, AZ 284,934284.9k $10.5m $10.5m 0.57% Added +49.2k +49,167
95 PRINCIPAL SECURITIES, INC. 0.23% of their portfolio DES MOINES, IA 280,270280.3k $10.3m $10.3m 0.23% Unchanged
96 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 276,694276.7k $10.2m $10.2m 0.01% Added +61.0k +60,959
97 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 272,427272.4k $10.0m $10.0m 0.02% Added +1.4k +1,449
98 FC Advisory LLC 3.38% of their portfolio WEST CHESTER, PA 271,545271.5k $10.0m $10.0m 3.38% Added +9.3k +9,276
99 ALPS ADVISORS INC 0.06% of their portfolio Denver, CO 264,578264.6k $9.7m $9.7m 0.06% Reduced -2.6k -2,595
100 Ethos Financial Group, LLC 0.93% of their portfolio KING OF PRUSSIA, PA 264,068264.1k $9.7m $9.7m 0.93% Unchanged