Vault-13

ISHARES TR GARP

MSCI USA QUALITY · ETP · CUSIP 46436E403

14 institutional holders +3 vs Q4 2023
541,463541.5k shares reported held*
$25.8mreported value*
5 new 4 added 1 reduced 2 sold out net bought ≈ $15.8m (+332.5k 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. Holder counts are more reliable. Implied quarter-end price ≈ $47.60. Options: 1 managers hold calls ($0 notional), 0 hold puts (—).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

051015Q3 22: 5Q4 22: 5Q1 23: 5Q2 23: 5Q3 23: 7Q4 23: 11Q1 24: 1414Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 20225
Q4 20225
Q1 20235
Q2 20235
Q3 20237
Q4 202311
Q1 202414

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q4 22: 2 bought or addedQ4 22: 3 cut or sold outQ4 22Q1 23: 1 bought or addedQ1 23: 1 cut or sold outQ1 23Q2 23: 1 bought or addedQ2 23: 2 cut or sold outQ2 23Q3 23: 4 bought or addedQ3 23: 1 cut or sold outQ3 23Q4 23: 9 bought or addedQ4 23: 3 cut or sold outQ4 23Q1 24: 9 bought or addedQ1 24: 3 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 202223
Q1 202311
Q2 202312
Q3 202341
Q4 202393
Q1 202493

Biggest buyers

INDEPENDENT FINANCIAL GROUP, LLC New +184,544+184.5k
Synergy Asset Management, LLC New +94,414+94.4k
LANDAAS & CO /WI /ADV Added +62,504+62.5k
OSAIC HOLDINGS, INC. Added +31,196+31.2k
JANE STREET GROUP, LLC New +11,874+11.9k
VALLEY NATIONAL ADVISERS INC Added +10,340+10.3k
Cetera Investment Advisers New +4,471+4.5k
Spire Wealth Management Added +562+562
MORGAN STANLEY New +3+3

Biggest sellers

GOLDMAN SACHS GROUP INC Sold out -38,572-38.6k
Tower Research Capital LLC (TRC) Reduced -21,192-21.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -7,671-7.7k

Biggest calls

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

None

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.

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 INDEPENDENT FINANCIAL GROUP, LLC 0.40% of their portfolio SAN DIEGO, CA 184,544184.5k $8.8m $8.8m 0.40% New
2 LANDAAS & CO /WI /ADV 2.10% of their portfolio MILWAUKEE, WI 135,932135.9k $6.5m $6.5m 2.10% Added +62.5k +62,504
3 Synergy Asset Management, LLC 0.76% of their portfolio VANCOUVER, WA 94,41494.4k $4.5m $4.5m 0.76% New
4 VALLEY NATIONAL ADVISERS INC 0.38% of their portfolio BETHLEHEM, PA 52,50252.5k $2.5m $2.5m 0.38% Added +10.3k +10,340
5 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 31,44531.4k $1.5m $1.5m 0.00% Added +31.2k +31,196
6 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 11,87411.9k $565.2k $565.2k 0.00% New
7 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 10,48310.5k $499.0k $499.0k 0.01% Reduced -21.2k -21,192
8 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 8,6798.7k $413.1k $413.1k 0.01% Unchanged
9 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 6,0006.0k $285.6k $285.6k 0.00% Unchanged
10 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 4,4714.5k $212.8k $212.8k 0.00% New
11 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 982982 $46.7k $46.7k 0.00% Added +562 +562
12 Glass Jacobson Investment Advisors llc 0.00% of their portfolio OWINGS MILLS, MD 134134 $6.4k $6.4k 0.00% Unchanged
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 33 $144 $144 0.00% New
14 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged