ISHARES TR GARP
MSCI USA QUALITY · ETP · CUSIP 46436E403
22
institutional holders
+8 vs Q1 2024
1.1m
shares reported held*
$54.6mreported value*
9 new
7 added
2 reduced
2 sold out
net bought ≈ $26.2m (+504.3k 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 ≈ $51.90. Options: 1 managers hold calls ($0 notional), 0 hold puts (—).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 5 |
| Q4 2022 | 5 |
| Q1 2023 | 5 |
| Q2 2023 | 5 |
| Q3 2023 | 7 |
| Q4 2023 | 11 |
| Q1 2024 | 14 |
| Q2 2024 | 22 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 2 | 3 |
| Q1 2023 | 1 | 1 |
| Q2 2023 | 1 | 2 |
| Q3 2023 | 4 | 1 |
| Q4 2023 | 9 | 3 |
| Q1 2024 | 9 | 3 |
| Q2 2024 | 16 | 4 |
Biggest buyers
| Cambridge Investment Research Advisors, Inc. | New | +147.1k |
| INDEPENDENT FINANCIAL GROUP, LLC | Added | +139.2k |
| EWG Elevate Inc. | New | +93.8k |
| LANDAAS & CO /WI /ADV | Added | +73.9k |
| OSAIC HOLDINGS, INC. | Added | +41.1k |
| VALLEY NATIONAL ADVISERS INC | Added | +22.0k |
| Disciplined Investments, LLC | New | +14.7k |
| Tower Research Capital LLC (TRC) | Added | +11.4k |
| Foundations Investment Advisors, LLC | New | +9.9k |
| MGO ONE SEVEN LLC | New | +6.4k |
Biggest sellers
| Synergy Asset Management, LLC | Reduced | -47.9k |
| JANE STREET GROUP, LLC | Sold out | -11.9k |
| Stratos Wealth Partners, LTD. | Reduced | -148 |
| MORGAN STANLEY | Sold out | -3 |
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, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| INDEPENDENT FINANCIAL GROUP, LLC 0.67% of their portfolio | 323.7k $16.8m | Added +139.2k |
| LANDAAS & CO /WI /ADV 3.32% of their portfolio | 209.8k $10.9m | Added +73.9k |
| Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio | 147.1k $7.6m | New |
| EWG Elevate Inc. 1.78% of their portfolio | 93.8k $4.9m | New |
| VALLEY NATIONAL ADVISERS INC 0.57% of their portfolio | 74.5k $3.9m | Added +22.0k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 72.5k $3.8m | Added +41.1k |
| Synergy Asset Management, LLC 0.38% of their portfolio | 46.5k $2.4m | Reduced -47.9k |
| Tower Research Capital LLC (TRC) 0.02% of their portfolio | 21.9k $1.1m | Added +11.4k |
| Disciplined Investments, LLC 0.41% of their portfolio | 14.7k $764.1k | New |
| Foundations Investment Advisors, LLC 0.01% of their portfolio | 9.9k $515.5k | New |
| Stratos Wealth Partners, LTD. 0.01% of their portfolio | 8.5k $442.8k | Reduced -148 |
| MGO ONE SEVEN LLC 0.02% of their portfolio | 6.4k $334.2k | New |
| Creative Planning 0.00% of their portfolio | 6.0k $311.5k | Unchanged |
| GG Group Ventures, LLC 0.40% of their portfolio | 5.8k $292.1k | First filing |
| Cetera Investment Advisers 0.00% of their portfolio | 4.7k $242.3k | Added +196 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 4.0k $208.4k | New |
| Spire Wealth Management 0.00% of their portfolio | 1.2k $60.1k | Added +175 |
| UBS Group AG 0.00% of their portfolio | 218 $11.3k | New |
| ARMSTRONG ADVISORY GROUP, INC 0.00% of their portfolio | 183 $9.5k | New |
| Glass Jacobson Investment Advisors llc 0.00% of their portfolio | 134 $7.0k | Unchanged |
| Planning Capital Management Corp 0.00% of their portfolio | 1 $52 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |