Vault-13

ISHARES TR IBDS

IBONDS 27 ETF · ETP · CUSIP 46435UAA9

432 institutional holders +34 vs Q3 2025
105,345,212105.3m shares reported held*
$2.7bnreported value*
41 new 239 added 74 reduced 32 sold out net bought ≈ $139.5m (+5.2m 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 ($642.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.76.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 133Q4 22: 157Q1 23: 187Q2 23: 199Q3 23: 226Q4 23: 287Q1 24: 318Q2 24: 325Q3 24: 331Q4 24: 368Q1 25: 380Q2 25: 386Q3 25: 398Q4 25: 432432Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022133
Q4 2022157
Q1 2023187
Q2 2023199
Q3 2023226
Q4 2023287
Q1 2024318
Q2 2024325
Q3 2024331
Q4 2024368
Q1 2025380
Q2 2025386
Q3 2025398
Q4 2025432

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 221 bought or addedQ1 24: 73 cut or sold outQ2 24: 225 bought or addedQ2 24: 68 cut or sold outQ2 24Q3 24: 228 bought or addedQ3 24: 72 cut or sold outQ4 24: 257 bought or addedQ4 24: 71 cut or sold outQ4 24Q1 25: 256 bought or addedQ1 25: 82 cut or sold outQ2 25: 232 bought or addedQ2 25: 108 cut or sold outQ2 25Q3 25: 252 bought or addedQ3 25: 107 cut or sold outQ4 25: 280 bought or addedQ4 25: 106 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202422173
Q2 202422568
Q3 202422872
Q4 202425771
Q1 202525682
Q2 2025232108
Q3 2025252107
Q4 2025280106

Biggest buyers

MERCER GLOBAL ADVISORS INC /ADV Added +1,319,159+1.3m
THREADGILL FINANCIAL, LLC New +866,444+866.4k
UBS Group AG Added +663,893+663.9k
HM PAYSON & CO Added +652,309+652.3k
Sound View Wealth Advisors Group, LLC Added +522,395+522.4k
BANK OF AMERICA CORP /DE/ Added +501,456+501.5k
Stratos Wealth Partners, LTD. Added +495,519+495.5k
CAPTRUST FINANCIAL ADVISORS Added +459,738+459.7k
Windsor Capital Management, LLC New +441,069+441.1k
Focus Partners Wealth Added +423,517+423.5k

Biggest sellers

Aptus Capital Advisors, LLC Reduced -2,791,998-2.8m
CAPITAL ADVISORS INC/OK Reduced -2,567,321-2.6m
HENGEHOLD CAPITAL MANAGEMENT LLC Reduced -877,723-877.7k
Windsor Capital Management, LLC Sold out -444,891-444.9k
Summit Financial, LLC Reduced -365,309-365.3k
SPRENG CAPITAL MANAGEMENT, INC. Sold out -275,722-275.7k
JPMORGAN CHASE & CO Reduced -236,583-236.6k
LBMC INVESTMENT ADVISORS, LLC Sold out -226,281-226.3k
Keeler Thomas Management LLC Sold out -224,280-224.3k
RENAISSANCE TECHNOLOGIES LLC Sold out -201,516-201.5k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 8,954,8269.0m $217.4m $217.4m 0.02% Added +501.5k +501,456
2 MERCER GLOBAL ADVISORS INC /ADV 0.19% of their portfolio DENVER, CO 5,175,7465.2m $125.6m $125.6m 0.19% Added +1.3m +1,319,159
3 HM PAYSON & CO 1.45% of their portfolio PORTLAND, ME 4,238,5144.2m $102.9m $102.9m 1.45% Added +652.3k +652,309
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,139,6034.1m $100.5m $100.5m 0.01% Added +256.4k +256,404
5 UBS Group AG 0.02% of their portfolio ZURICH, V8 3,902,5033.9m $94.8m $94.8m 0.02% Added +663.9k +663,893
6 Lido Advisors, LLC 0.34% of their portfolio Los Angeles, CA 3,557,4113.6m $86.6m $86.6m 0.34% Reduced -93 -93
7 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 3,347,3833.3m $81.3m $81.3m 0.03% Added +270.8k +270,759
8 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 3,248,2803.2m $78.9m $78.9m 0.02% Added +383.1k +383,068
9 Sound View Wealth Advisors Group, LLC 3.23% of their portfolio SAVANNAH, GA 1,982,6912.0m $48.1m $48.1m 3.23% Added +522.4k +522,395
10 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,965,8672.0m $47.7m $47.7m 0.01% Added +43.0k +43,011
11 CAPITAL ADVISORS INC/OK 0.72% of their portfolio TULSA, OK 1,841,8121.8m $44.7m $44.7m 0.72% Reduced -2.6m -2,567,321
12 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 1,799,6461.8m $43.7m $43.7m 0.05% Added +226.4k +226,438
13 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,720,1691.7m $41.8m $41.8m 0.01% Added +113.5k +113,496
14 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,637,0261.6m $39.7m $39.7m 0.01% Added +49.0k +49,047
15 Capital Investment Advisors, LLC 0.60% of their portfolio ATLANTA, GA 1,621,1561.6m $39.4m $39.4m 0.60% Added +189.5k +189,511
16 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 1,537,0071.5m $37.3m $37.3m 0.05% Added +229.8k +229,779
17 Gratus Wealth Advisors, LLC 4.72% of their portfolio VIRGINIA BEACH, VA 1,401,9871.4m $34.0m $34.0m 4.72% Added +56.5k +56,512
18 WOODMONT INVESTMENT COUNSEL LLC 2.07% of their portfolio NASHVILLE, TN 1,362,8911.4m $33.1m $33.1m 2.07% Reduced -15.1k -15,075
19 CAPTRUST FINANCIAL ADVISORS 0.06% of their portfolio RALEIGH, NC 1,360,8741.4m $33.0m $33.0m 0.06% Added +459.7k +459,738
20 SIGMA INVESTMENT COUNSELORS INC 1.58% of their portfolio NORTHVILLE, MI 1,277,1911.3m $31.0m $31.0m 1.58% Added +48.0k +47,992
21 Kathmere Capital Management, LLC 2.06% of their portfolio WAYNE, PA 1,258,8951.3m $30.6m $30.6m 2.06% Reduced -9.6k -9,588
22 HOWLAND CAPITAL MANAGEMENT LLC 1.14% of their portfolio BOSTON, MA 1,237,5731.2m $30.0m $30.0m 1.14% Added +64.6k +64,623
23 RVW Wealth, LLC 2.17% of their portfolio LOS ANGELES, CA 1,170,5811.2m $28.4m $28.4m 2.17% Added +133.4k +133,386
24 Venture Visionary Partners LLC 0.93% of their portfolio Sylvania, OH 1,161,5241.2m $28.4m $28.4m 0.93% Added +11.9k +11,919
25 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 1,133,1911.1m $27.5m $27.5m 0.04% Added +16.1k +16,089
26 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 1,113,0081.1m $27.0m $27.0m 0.02% Added +96.2k +96,208
27 Klingman & Associates, LLC 1.20% of their portfolio New York, NY 1,027,2441.0m $24.9m $24.9m 1.20% Added +39.2k +39,182
28 TABR Capital Management, LLC 15.54% of their portfolio ORANGE, CA 959,461959.5k $23.3m $23.3m 15.54% Reduced -99.1k -99,057
29 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 924,830924.8k $22.5m $22.5m 0.01% Added +300.9k +300,871
30 THREADGILL FINANCIAL, LLC 8.90% of their portfolio SPRING, TX 866,444866.4k $21.6m $21.6m 8.90% New
31 Wick Capital Partners, LLC 3.52% of their portfolio WAYNE, PA 808,371808.4k $19.6m $19.6m 3.52% Added +244.0k +243,968
32 MV CAPITAL MANAGEMENT, INC. 1.87% of their portfolio BETHESDA, MD 803,482803.5k $19.5m $19.5m 1.87% Added +82.1k +82,132
33 Kestra Advisory Services, LLC 0.08% of their portfolio AUSTIN, TX 802,073802.1k $19.5m $19.5m 0.08% Added +120.9k +120,866
34 REBALANCE, LLC 1.10% of their portfolio PALO ALTO, CA 772,355772.4k $18.8m $18.8m 1.10% Added +71.1k +71,100
35 Summit Asset Management, LLC 2.62% of their portfolio MEMPHIS, TN 762,818762.8k $18.5m $18.5m 2.62% Added +47.1k +47,064
36 Glenview Trust Co 0.28% of their portfolio Louisville, KY 741,655741.7k $18.0m $18.0m 0.28% Added +33.0k +32,999
37 Focus Partners Wealth 0.02% of their portfolio ST LOUIS, MO 731,736731.7k $17.8m $17.8m 0.02% Added +423.5k +423,517
38 BENJAMIN EDWARDS INC 0.20% of their portfolio Clayton, MO 730,315730.3k $17.7m $17.7m 0.20% Added +26.7k +26,731
39 NewEdge Advisors, LLC 0.06% of their portfolio NEW ORLEANS, LA 723,911723.9k $17.6m $17.6m 0.06% Added +89.6k +89,572
40 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 669,230669.2k $16.2m $16.2m 0.02% Added +52.8k +52,837
41 Sanctuary Advisors, LLC 0.08% of their portfolio INDIANAPOLIS, IN 637,204637.2k $15.5m $15.5m 0.08% Reduced -133.9k -133,871
42 CENTRAL TRUST Co 0.29% of their portfolio JEFFERSON CITY, MO 601,744601.7k $14.6m $14.6m 0.29% Added +102.1k +102,055
43 SPINNAKER TRUST 0.76% of their portfolio PORTLAND, ME 586,946586.9k $14.3m $14.3m 0.76% Added +63.6k +63,631
44 Arrow Financial Corp 1.40% of their portfolio Glens Falls, NY 576,590576.6k $14.0m $14.0m 1.40% Added +19.7k +19,657
45 Meiji Yasuda Life Insurance Co 0.40% of their portfolio TOKYO, M0 568,000568.0k $13.8m $13.8m 0.40% Added +203.0k +203,000
46 Global Retirement Partners, LLC 0.24% of their portfolio San Rafael, CA 564,254564.3k $13.7m $13.7m 0.24% Added +38.8k +38,777
47 Stratos Wealth Partners, LTD. 0.15% of their portfolio BEACHWOOD, OH 563,512563.5k $13.7m $13.7m 0.15% Added +495.5k +495,519
48 Strid Group, LLC 1.60% of their portfolio NEWTOWN SQUARE, PA 528,023528.0k $12.8m $12.8m 1.60% Added +92.5k +92,538
49 LYELL WEALTH MANAGEMENT, LP 0.92% of their portfolio MENLO PARK, CA 521,963522.0k $12.7m $12.7m 0.92% Added +77.7k +77,683
50 EP Wealth Advisors, LLC 0.07% of their portfolio TORRANCE, CA 516,198516.2k $12.5m $12.5m 0.07% First filing
51 CWM, LLC 0.03% of their portfolio OMAHA, NE 499,775499.8k $12.1m $12.1m 0.03% Reduced -27.6k -27,623
52 Northstar Group, Inc. 1.51% of their portfolio NEW YORK, NY 455,534455.5k $11.1m $11.1m 1.51% Added +82.5k +82,492
53 Windsor Capital Management, LLC 2.96% of their portfolio Phoenix, AZ 441,069441.1k $10.7m $10.7m 2.96% New
54 First National Trust Co 0.35% of their portfolio Johnstown, PA 438,090438.1k $10.6m $10.6m 0.35% Added +71.4k +71,448
55 Beacon Pointe Advisors, LLC 0.07% of their portfolio NEWPORT BEACH, CA 437,357437.4k $10.6m $10.6m 0.07% Added +46.1k +46,113
56 Commonwealth Financial Services, LLC 1.74% of their portfolio VIENNA, WV 434,627434.6k $10.6m $10.6m 1.74% Added +17.3k +17,329
57 First International Bank of Israel Ltd. 4.91% of their portfolio TEL AVIV, L3 423,549423.5k $10.3m $10.3m 4.91% Unchanged
58 NOVEM GROUP 1.16% of their portfolio Rochester, NY 410,904410.9k $10.0m $10.0m 1.16% Added +24.8k +24,814
59 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.14% of their portfolio ST. LOUIS, MO 393,499393.5k $9.6m $9.6m 0.14% Reduced -22.6k -22,636
60 Mesirow Financial Investment Management, Inc. 0.19% of their portfolio CHICAGO, IL 388,687388.7k $9.4m $9.4m 0.19% Reduced -64.4k -64,429
61 Allworth Financial LP 0.04% of their portfolio FOLSOM, CA 385,907385.9k $9.4m $9.4m 0.04% Added +123.1k +123,082
62 BlackRock, Inc. 0.00% of their portfolio New York, NY 370,596370.6k $9.0m $9.0m 0.00% Added +291.5k +291,516
63 Cornerstone Planning, LLC 2.02% of their portfolio CHARLOTTE, NC 358,586358.6k $8.7m $8.7m 2.02% First filing
64 ARCADIA INVESTMENT ADVISORS LLC 3.99% of their portfolio EAGLE, ID 353,318353.3k $8.6m $8.6m 3.99% Added +35.6k +35,620
65 Peloton Wealth Strategists 3.30% of their portfolio INDIANAPOLIS, IN 350,425350.4k $8.5m $8.5m 3.30% Added +11.4k +11,355
66 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 347,422347.4k $8.4m $8.4m 0.01% Reduced -14.7k -14,745
67 InvesTrust 3.23% of their portfolio OKLAHOMA CITY, OK 343,920343.9k $8.4m $8.4m 3.23% Reduced -6.6k -6,600
68 EIGHT 31 FINANCIAL, LLC 4.49% of their portfolio MIDLAND, TX 337,111337.1k $8.2m $8.2m 4.49% Added +22.9k +22,898
69 PFG Private Wealth Management, LLC 3.48% of their portfolio LUTZ, FL 327,715327.7k $8.0m $8.0m 3.48% New
70 Atria Investments, Inc 0.09% of their portfolio Charlotte, NC 322,395322.4k $7.8m $7.8m 0.09% Added +117.8k +117,810
71 Merit Financial Group, LLC 0.06% of their portfolio ALPHARETTA, GA 302,613302.6k $7.3m $7.3m 0.06% Added +73.8k +73,804
72 Kesler, Norman & Wride, LLC 1.26% of their portfolio OGDEN, UT 301,658301.7k $7.3m $7.3m 1.26% Added +108.4k +108,445
73 IFP Advisors, Inc 0.16% of their portfolio TAMPA, FL 293,946293.9k $7.1m $7.1m 0.16% Added +690 +690
74 SPRENG CAPITAL MANAGEMENT, INC. 2.77% of their portfolio Bucyrus, OH 290,835290.8k $7.1m $7.1m 2.77% New
75 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 285,025285.0k $6.9m $6.9m 0.01% Added +17.6k +17,643
76 OneDigital Investment Advisors LLC 0.06% of their portfolio OVERLAND PARK, KS 271,655271.7k $6.6m $6.6m 0.06% New
77 LEAVELL INVESTMENT MANAGEMENT, INC. 0.27% of their portfolio MOBILE, AL 267,835267.8k $6.5m $6.5m 0.27% Added +50.5k +50,514
78 Praetorian Wealth Management, Inc. 1.29% of their portfolio CARMEL, CA 266,742266.7k $6.5m $6.5m 1.29% Added +21.5k +21,499
79 Atlantic Union Bankshares Corp 0.12% of their portfolio GLEN ALLEN, VA 264,283264.3k $6.4m $6.4m 0.12% Added +17.9k +17,864
80 Ironwood Financial, llc 1.08% of their portfolio TUCSON, AZ 261,413261.4k $6.3m $6.3m 1.08% Added +61.4k +61,446
81 Parallel Advisors, LLC 0.12% of their portfolio SAN FRANCISCO, CA 261,023261.0k $6.4m $6.4m 0.12% Added +9.0k +8,988
82 Signature Wealth Management Group 2.58% of their portfolio ATLANTA, GA 260,324260.3k $6.3m $6.3m 2.58% Reduced -748 -748
83 HAMEL ASSOCIATES, INC. 1.90% of their portfolio Center Valley, PA 260,043260.0k $6.3m $6.3m 1.90% Added +7.4k +7,395
84 SAX WEALTH ADVISORS, LLC 0.29% of their portfolio PARSIPPANY, NJ 258,005258.0k $6.3m $6.3m 0.29% Added +9.4k +9,380
85 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 249,692249.7k $6.1m $6.1m 0.02% Added +9.3k +9,278
86 Snowden Capital Advisors LLC 0.15% of their portfolio New York, NY 246,124246.1k $6.0m $6.0m 0.15% Reduced -11.2k -11,176
87 LBMC INVESTMENT ADVISORS, LLC 0.36% of their portfolio BRENTWOOD, TN 243,522243.5k $5.9m $5.9m 0.36% New
88 Madden Advisory Services, Inc. 2.37% of their portfolio Jacksonville, FL 242,827242.8k $5.9m $5.9m 2.37% New
89 MCF Advisors LLC 0.32% of their portfolio LEXINGTON, KY 241,513241.5k $5.9m $5.9m 0.32% Reduced -33.5k -33,529
90 Winthrop Partners - WNY, LLC 3.14% of their portfolio Buffalo, NY 239,890239.9k $5.8m $5.8m 3.14% First filing
91 SONATA CAPITAL GROUP INC 2.07% of their portfolio SEATTLE, WA 235,861235.9k $5.7m $5.7m 2.07% Added +21.2k +21,185
92 Probity Advisors, Inc. 0.91% of their portfolio DALLAS, TX 234,269234.3k $5.7m $5.7m 0.91% Added +19.0k +19,011
93 Resonant Capital Advisors, LLC 0.30% of their portfolio Madison, WI 227,156227.2k $5.5m $5.5m 0.30% Added +6.0k +6,045
94 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 222,065222.1k $5.4m $5.4m 0.01% Added +3.1k +3,101
95 Keeler Thomas Management LLC 2.56% of their portfolio Orem, UT 221,477221.5k $5.4m $5.4m 2.56% New
96 DROMS STRAUSS ADVISORS INC /MO/ /ADV 1.41% of their portfolio ST. LOUIS, MO 221,271221.3k $5.4m $5.4m 1.41% Added +10.1k +10,110
97 Krilogy Financial LLC 0.18% of their portfolio ST. LOUIS, MO 221,106221.1k $5.4m $5.4m 0.18% Added +7.2k +7,201
98 Modern Wealth Management, LLC 0.09% of their portfolio KANSAS CITY, MO 214,210214.2k $5.2m $5.2m 0.09% Added +31.0k +30,967
99 ES4, LLC 3.58% of their portfolio NEWPORT BEACH, CA 214,094214.1k $5.2m $5.2m 3.58% First filing
100 4Thought Financial Group Inc. 2.57% of their portfolio SYOSSET, NY 213,833213.8k $5.2m $5.2m 2.57% Added +9.6k +9,609