Vault-13

ISHARES TR USHY

BROAD USD HIGH · ETP · CUSIP 46435U853

658 institutional holders -8 vs Q4 2025
621,573,208621.6m shares reported held*
$22.9bnreported value*
84 new 273 added 197 reduced 91 sold out net bought ≈ $489.1m (+13.3m 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 ($395.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $36.79. Options: 1 managers hold calls ($408.9k notional), 1 hold puts ($383.1k).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 347Q4 22: 383Q1 23: 393Q2 23: 394Q3 23: 410Q4 23: 453Q1 24: 455Q2 24: 476Q3 24: 504Q4 24: 551Q1 25: 564Q2 25: 583Q3 25: 600Q4 25: 666Q1 26: 658658Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022347
Q4 2022383
Q1 2023393
Q2 2023394
Q3 2023410
Q4 2023453
Q1 2024455
Q2 2024476
Q3 2024504
Q4 2024551
Q1 2025564
Q2 2025583
Q3 2025600
Q4 2025666
Q1 2026658

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 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 25Q2 25: 302 bought or addedQ2 25: 251 cut or sold outQ3 25: 346 bought or addedQ3 25: 218 cut or sold outQ3 25Q4 25: 384 bought or addedQ4 25: 215 cut or sold outQ1 26: 357 bought or addedQ1 26: 288 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024274191
Q3 2024300189
Q4 2024320191
Q1 2025291249
Q2 2025302251
Q3 2025346218
Q4 2025384215
Q1 2026357288

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $408.9kQ1 26 puts: $383.1kQ1 26P/C 0.94
Numbers
QuarterCallsPutsP/C
Q2 2025$0$0—
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$408.9k$383.1k0.94

Biggest buyers

Corebridge Financial, Inc. New +23,179,735+23.2m
UBS Group AG Added +23,027,857+23.0m
JONES FINANCIAL COMPANIES LLLP Added +7,349,728+7.3m
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Added +5,670,000+5.7m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +3,826,133+3.8m
Elo Mutual Pension Insurance Co Added +3,075,000+3.1m
Allspring Global Investments Holdings, LLC Added +3,054,499+3.1m
WELLS FARGO & COMPANY/MN Added +2,622,071+2.6m
FMR LLC Added +2,298,365+2.3m
BlackRock, Inc. Added +1,994,887+2.0m

Biggest sellers

Counterpoint Mutual Funds LLC Reduced -14,525,170-14.5m
BANK OF AMERICA CORP /DE/ Reduced -11,230,657-11.2m
TIAA TRUST, NATIONAL ASSOCIATION Reduced -9,537,469-9.5m
JPMORGAN CHASE & CO Reduced -6,757,570-6.8m
NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC Reduced -6,687,000-6.7m
TOEWS CORP /ADV Sold out -5,719,000-5.7m
GRIMES & Co WEALTH MANAGEMENT, LLC Reduced -4,589,270-4.6m
NORTHERN TRUST CORP Reduced -2,847,917-2.8m
PRUDENTIAL PLC Reduced -1,762,417-1.8m
NEOS Investment Management LLC Sold out -1,674,354-1.7m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $408.9k11.1k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $383.1k10.4k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JONES FINANCIAL COMPANIES LLLP 1.67% of their portfolio DES PERES, MO 95,360,82695.4m $3.5bn $3.5bn 1.67% Added +7.3m +7,349,728
2 PRUDENTIAL PLC 17.22% of their portfolio LONDON, X0 61,458,45761.5m $2.3bn $2.3bn 17.22% Reduced -1.8m -1,762,417
3 WELLS FARGO & COMPANY/MN 0.34% of their portfolio SAN FRANCISCO, CA 46,168,96746.2m $1.7bn $1.7bn 0.34% Added +2.6m +2,622,071
4 NORTHERN TRUST CORP 0.16% of their portfolio CHICAGO, IL 33,695,24533.7m $1.2bn $1.2bn 0.16% Reduced -2.8m -2,847,917
5 UBS Group AG 0.16% of their portfolio ZURICH, V8 25,237,17325.2m $929.7m $929.7m 0.16% Added +23.0m +23,027,857
6 Corebridge Financial, Inc. 77.50% of their portfolio HOUSTON, TX 23,179,73523.2m $845.6m $845.6m 77.50% New
7 BlackRock, Inc. 0.01% of their portfolio New York, NY 22,926,52922.9m $844.6m $844.6m 0.01% Added +2.0m +1,994,887
8 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 4.93% of their portfolio VICTORIA, A1 22,630,00022.6m $833.7m $833.7m 4.93% Added +5.7m +5,670,000
9 BANK OF AMERICA CORP /DE/ 0.06% of their portfolio CHARLOTTE, NC 21,285,16821.3m $784.1m $784.1m 0.06% Reduced -11.2m -11,230,657
10 GOLDMAN SACHS GROUP INC 0.10% of their portfolio NEW YORK, NY 20,917,02920.9m $770.6m $770.6m 0.10% Added +1.2m +1,165,818
11 RAYMOND JAMES FINANCIAL INC 0.22% of their portfolio ST. PETERSBURG, FL 19,440,89519.4m $716.2m $716.2m 0.22% Added +1.1m +1,099,345
12 Japan Science & Technology Agency 10.96% of their portfolio TOKYO, M0 14,319,90614.3m $527.5m $527.5m 10.96% Unchanged
13 Ilmarinen Mutual Pension Insurance Co 4.08% of their portfolio HELSINKI, H9 14,080,00014.1m $518.7m $518.7m 4.08% Unchanged
14 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 12,575,62412.6m $463.3m $463.3m 0.03% Reduced -715.4k -715,446
15 TIAA Wealth Investment Management LLC 3.14% of their portfolio New York, NY 11,282,24411.3m $411.6m $411.6m 3.14% First filing
16 Caisse de depot et placement du Quebec 0.59% of their portfolio Montreal, A8 10,057,16510.1m $370.5m $370.5m 0.59% Unchanged
17 FMR LLC 0.02% of their portfolio BOSTON, MA 8,044,1938.0m $296.3m $296.3m 0.02% Added +2.3m +2,298,365
18 Ocean Park Asset Management, LLC 15.11% of their portfolio SANTA MONICA, CA 7,098,6087.1m $261.5m $261.5m 15.11% Reduced -569.6k -569,616
19 Thrivent Financial for Lutherans 0.44% of their portfolio Minneapolis, MN 6,215,0556.2m $229.0m $229.0m 0.44% Reduced -121.0k -121,038
20 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio NEW YORK, NY 5,653,7535.7m $208.3m $208.3m 0.04% Added +3.8m +3,826,133
21 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 5,386,9335.4m $198.4m $198.4m 0.05% Reduced -4.2k -4,175
22 NEPC LLC 3.84% of their portfolio Boston, MA 5,230,8095.2m $192.7m $192.7m 3.84% Added +1.1m +1,051,520
23 PRINCIPAL FINANCIAL GROUP INC 0.10% of their portfolio DES MOINES, IA 5,224,3715.2m $192.5m $192.5m 0.10% Reduced -119.7k -119,725
24 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 5,146,8795.1m $187.8m $187.8m 0.01% Reduced -6.8m -6,757,570
25 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 4,878,2324.9m $179.7m $179.7m 0.03% Added +824.7k +824,693
26 Polianta Ltd 23.64% of their portfolio ST HELIER, Y9 4,835,0004.8m $178.1m $178.1m 23.64% Reduced -42.0k -42,000
27 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 4,636,6224.6m $170.8m $170.8m 0.05% Reduced -826.1k -826,070
28 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.61% of their portfolio CHARLOTTE, NC 4,289,3994.3m $158.0m $158.0m 0.61% First filing
29 Elo Mutual Pension Insurance Co 2.27% of their portfolio ESPOO, H9 3,745,0003.7m $138.0m $138.0m 2.27% Added +3.1m +3,075,000
30 SigFig Wealth Management, LLC 3.34% of their portfolio SAN FRANCISCO, CA 3,090,0343.1m $113.8m $113.8m 3.34% Added +379.8k +379,829
31 Allspring Global Investments Holdings, LLC 0.19% of their portfolio CHARLOTTE, NC 3,054,5263.1m $112.3m $112.3m 0.19% Added +3.1m +3,054,499
32 One Capital Management, LLC 2.64% of their portfolio WESTLAKE VILLAGE, CA 2,610,1392.6m $96.2m $96.2m 2.64% Added +268.2k +268,154
33 ASSETMARK, INC 0.18% of their portfolio CONCORD, CA 2,384,8732.4m $87.9m $87.9m 0.18% Added +20.7k +20,660
34 Ninety One UK Ltd 0.20% of their portfolio London, X0 2,294,1982.3m $84.5m $84.5m 0.20% Added +1.4m +1,429,782
35 Kensington Asset Management, LLC 4.45% of their portfolio AUSTIN, TX 2,218,4832.2m $81.7m $81.7m 4.45% Reduced -1.6m -1,609,645
36 1832 Asset Management L.P. 0.10% of their portfolio TORONTO, A6 2,145,2872.1m $79.0m $79.0m 0.10% Reduced -785.5k -785,496
37 CWM, LLC 0.20% of their portfolio OMAHA, NE 2,019,1432.0m $74.4m $74.4m 0.20% Added +375.8k +375,750
38 South Dakota Investment Council 1.38% of their portfolio SIOUX FALLS, SD 1,963,0002.0m $72.3m $72.3m 1.38% Added +37.0k +37,000
39 Cerity Partners LLC 0.10% of their portfolio NEW YORK, NY 1,962,0752.0m $72.3m $72.3m 0.10% Added +172.7k +172,724
40 Betterment LLC 0.13% of their portfolio NEW YORK, NY 1,906,1121.9m $70.2m $70.2m 0.13% Added +110.9k +110,936
41 NATIXIS ADVISORS, LLC 0.10% of their portfolio Boston, MA 1,883,4821.9m $69.4m $69.4m 0.10% Added +300.0k +299,976
42 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,823,4811.8m $67.2m $67.2m 0.01% Reduced -572.7k -572,670
43 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 1,796,1641.8m $66.2m $66.2m 0.03% Reduced -196.7k -196,746
44 REBALANCE, LLC 3.72% of their portfolio PALO ALTO, CA 1,738,2341.7m $64.0m $64.0m 3.72% Added +57.8k +57,780
45 SHENKMAN CAPITAL MANAGEMENT INC 7.72% of their portfolio NEW YORK, NY 1,706,7231.7m $64.2m $64.2m 7.72% Added +426.5k +426,498
46 Bricktown Capital, LLC 11.25% of their portfolio DETROIT, MI 1,550,6481.6m $57.1m $57.1m 11.25% Reduced -64.5k -64,500
47 Liberty Mutual Group Asset Management Inc. 4.38% of their portfolio Boston, MA 1,485,0001.5m $54.7m $54.7m 4.38% Added +813.9k +813,949
48 1607 Capital Partners, LLC 3.79% of their portfolio Richmond, VA 1,428,0251.4m $52.6m $52.6m 3.79% Reduced -108.2k -108,200
49 MERCER GLOBAL ADVISORS INC /ADV 0.08% of their portfolio DENVER, CO 1,401,2751.4m $51.6m $51.6m 0.08% Added +30.1k +30,095
50 FACTORY MUTUAL INSURANCE CO 0.56% of their portfolio WALTHAM, MA 1,355,0001.4m $49.9m $49.9m 0.56% Unchanged
51 Venturi Wealth Management, LLC 2.18% of their portfolio AUSTIN, TX 1,316,1481.3m $48.5m $48.5m 2.18% Added +1.3m +1,291,408
52 Koss-Olinger Consulting, LLC 3.88% of their portfolio GAINESVILLE, FL 1,256,5881.3m $46.3m $46.3m 3.88% Reduced -221.8k -221,759
53 Baird Financial Group, Inc. 0.07% of their portfolio MILWAUKEE, WI 1,253,0281.3m $46.2m $46.2m 0.07% Added +182.5k +182,482
54 BARINGS LLC 0.74% of their portfolio CHARLOTTE, NC 1,236,8911.2m $45.6m $45.6m 0.74% Added +45.9k +45,891
55 Wealthfront Advisers LLC 0.10% of their portfolio Palo Alto, CA 1,186,9241.2m $43.7m $43.7m 0.10% Reduced -217.2k -217,209
56 ALLSTATE CORP 0.46% of their portfolio NORTHBROOK, IL 1,169,6601.2m $43.1m $43.1m 0.46% Reduced -3.1k -3,123
57 Gerber Kawasaki Wealth & Investment Management 1.37% of their portfolio SANTA MONICA, CA 1,167,1401.2m $43.1m $43.1m 1.37% Added +966.6k +966,554
58 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,122,1511.1m $41.3m $41.3m 0.01% Added +68.0k +67,955
59 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 1,107,4121.1m $40.8m $40.8m 0.06% Reduced -37.6k -37,643
60 DSC Meridian Capital LP 16.90% of their portfolio NEW YORK, NY 1,084,9521.1m $40.0m $40.0m 16.90% Added +233.3k +233,277
61 Prime Capital Investment Advisors, LLC 0.46% of their portfolio OVERLAND PARK, KS 1,082,3731.1m $39.9m $39.9m 0.46% Added +55.0k +54,953
62 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 1,069,4821.1m $39.4m $39.4m 0.04% Reduced -109.8k -109,833
63 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 1,030,8001.0m $38.3m $38.3m 0.01% Added +221.0k +221,000
64 Capital Asset Advisory Services LLC 1.47% of their portfolio Williamston, MI 1,024,6091.0m $38.2m $38.2m 1.47% Added +6.3k +6,324
65 US BANCORP \DE\ 0.05% of their portfolio MINNEAPOLIS, MN 1,015,9351.0m $37.4m $37.4m 0.05% Reduced -60.7k -60,661
66 MACKENZIE FINANCIAL CORP 0.04% of their portfolio TORONTO ONTARIO, A6 1,007,5871.0m $37.1m $37.1m 0.04% Reduced -225.6k -225,603
67 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 1,004,2151.0m $37.0m $37.0m 0.03% Added +45.6k +45,592
68 Roberts Financial Services LLC 11.43% of their portfolio MARQUETTE, MI 975,269975.3k $35.9m $35.9m 11.43% Reduced -180.8k -180,780
69 New York Life Investment Management LLC 0.30% of their portfolio New York, NY 952,495952.5k $35.1m $35.1m 0.30% Added +118.9k +118,908
70 First Command Advisory Services, Inc. 0.20% of their portfolio FORT WORTH, TX 817,088817.1k $30.1m $30.1m 0.20% Added +107.5k +107,460
71 State of New Jersey Common Pension Fund D 0.11% of their portfolio TRENTON, NJ 800,000800.0k $29.5m $29.5m 0.11% Reduced -1.1m -1,100,000
72 Chandler Asset Management, Inc. 4.40% of their portfolio SAN DIEGO, CA 787,925787.9k $29.0m $29.0m 4.40% New
73 NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC 0.44% of their portfolio MILWAUKEE, WI 783,000783.0k $28.8m $28.8m 0.44% Reduced -6.7m -6,687,000
74 SEI INVESTMENTS CO 0.03% of their portfolio OAKS, PA 779,104779.1k $28.7m $28.7m 0.03% Added +517.7k +517,665
75 PRUDENTIAL FINANCIAL INC 0.03% of their portfolio NEWARK, NJ 685,069685.1k $25.2m $25.2m 0.03% Unchanged
76 &PARTNERS 0.12% of their portfolio NASHVILLE, TN 674,540674.5k $24.7m $24.7m 0.12% Added +25.9k +25,868
77 Santa Clara Valley Transportation Authority 20.23% of their portfolio SAN JOSE, CA 660,479660.5k $24.3m $24.3m 20.23% Unchanged
78 Stockman Wealth Management, Inc. 2.64% of their portfolio BILLINGS, MT 650,112650.1k $24.0m $24.0m 2.64% New
79 Rakuten Investment Management, Inc. 0.05% of their portfolio TOKYO, M0 632,632632.6k $23.9m $23.9m 0.05% Added +316.3k +316,316
80 Baker Avenue Asset Management, LP 0.53% of their portfolio SAN FRANCISCO, CA 629,422629.4k $23.2m $23.2m 0.53% Added +16.1k +16,099
81 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 618,250618.2k $22.8m $22.8m 0.01% Added +5.2k +5,229
82 SUMITOMO LIFE INSURANCE CO 0.53% of their portfolio TOKYO, M0 610,700610.7k $22.5m $22.5m 0.53% Reduced -143.3k -143,300
83 Keeler Thomas Management LLC 9.30% of their portfolio Orem, UT 596,575596.6k $22.0m $22.0m 9.30% Added +399.2k +399,216
84 Alaska Permanent Fund Corp 1.37% of their portfolio JUNEAU, AK 576,619576.6k $21.5m $21.5m 1.37% New
85 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 554,761554.8k $20.4m $20.4m 0.01% Added +514 +514
86 Counterpoint Mutual Funds LLC 3.07% of their portfolio San Diego, CA 554,241554.2k $20.4m $20.4m 3.07% Reduced -14.5m -14,525,170
87 Equitable Holdings, Inc. 0.24% of their portfolio NEW YORK, NY 533,875533.9k $36.7m $36.7m 0.24% Reduced -30.6k -30,622
88 Allegiance Financial Group Advisory Services LLC 3.75% of their portfolio VIENNA, VA 512,430512.4k $18.9m $18.9m 3.75% Added +40.6k +40,556
89 PHILLIPS FINANCIAL MANAGEMENT, LLC 1.32% of their portfolio FORT WAYNE, IN 494,734494.7k $18.2m $18.2m 1.32% Reduced -80.4k -80,424
90 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 493,792493.8k $18.2m $18.2m 0.00% Reduced -115.8k -115,801
91 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 482,761482.8k $18.1m $18.1m 0.01% Added +14.1k +14,121
92 Wedmont Private Capital 0.58% of their portfolio WEST CHESTER, PA 482,749482.7k $17.9m $17.9m 0.58% Added +40.8k +40,841
93 MANNING & NAPIER ADVISORS LLC 0.25% of their portfolio Fairport, NY 481,267481.3k $17.7m $17.7m 0.25% Added +117.1k +117,101
94 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 475,071475.1k $17.5m $17.5m 0.02% Reduced -88.5k -88,479
95 NOMURA ASSET MANAGEMENT CO LTD 0.04% of their portfolio TOKYO, M0 466,268466.3k $17.2m $17.2m 0.04% Added +304.3k +304,319
96 HRT FINANCIAL LP 0.06% of their portfolio NEW YORK, NY 438,976439.0k $16.2m $16.2m 0.06% New
97 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 424,907424.9k $15.7m $15.7m 0.02% Reduced -229.3k -229,336
98 Trajan Wealth LLC 0.62% of their portfolio SCOTTSDALE, AZ 417,736417.7k $15.4m $15.4m 0.62% Added +35.5k +35,503
99 OneDigital Investment Advisors LLC 0.15% of their portfolio OVERLAND PARK, KS 412,241412.2k $15.2m $15.2m 0.15% Reduced -122.1k -122,116
100 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 409,957410.0k $15.1m $15.1m 0.00% Added +177.9k +177,858