Vault-13

ISHARES TR GARP

MSCI USA QUALITY · ETP · CUSIP 46436E403

176 institutional holders +36 vs Q1 2026
22,066,57222.1m shares reported held*
$1.8bnreported value*
43 new 79 added 35 reduced 9 sold out net bought ≈ $652.2m (+7.9m 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 ≈ $82.54.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 5Q4 22: 5Q1 23: 5Q2 23: 5Q3 23: 7Q4 23: 11Q1 24: 14Q2 24: 22Q3 24: 32Q4 24: 46Q1 25: 62Q2 25: 76Q3 25: 93Q4 25: 122Q1 26: 140Q2 26: 176176Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 20225
Q4 20225
Q1 20235
Q2 20235
Q3 20237
Q4 202311
Q1 202414
Q2 202422
Q3 202432
Q4 202446
Q1 202562
Q2 202576
Q3 202593
Q4 2025122
Q1 2026140
Q2 2026176

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 24: 23 bought or addedQ3 24: 8 cut or sold outQ4 24: 36 bought or addedQ4 24: 5 cut or sold outQ4 24Q1 25: 53 bought or addedQ1 25: 10 cut or sold outQ2 25: 53 bought or addedQ2 25: 21 cut or sold outQ2 25Q3 25: 63 bought or addedQ3 25: 23 cut or sold outQ4 25: 92 bought or addedQ4 25: 27 cut or sold outQ4 25Q1 26: 108 bought or addedQ1 26: 32 cut or sold outQ2 26: 122 bought or addedQ2 26: 44 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024238
Q4 2024365
Q1 20255310
Q2 20255321
Q3 20256323
Q4 20259227
Q1 202610832
Q2 202612244

Biggest buyers

LPL Financial LLC Added +1,713,773+1.7m
MORGAN STANLEY Added +1,035,645+1.0m
BANK OF AMERICA CORP /DE/ Added +725,084+725.1k
Cambridge Investment Research Advisors, Inc. Added +583,132+583.1k
ELEVATION POINT WEALTH PARTNERS, LLC New +458,581+458.6k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +365,682+365.7k
RAYMOND JAMES FINANCIAL INC Added +364,687+364.7k
CREATIVE FINANCIAL DESIGNS INC /ADV Added +346,298+346.3k
Insight Wealth Strategies, LLC New +255,947+255.9k
SAXON INTERESTS, INC. New +194,568+194.6k

Biggest sellers

Sigma Planning Corp Reduced -122,954-123.0k
Sonoma Allocations LLC Sold out -22,981-23.0k
FLOW TRADERS U.S. LLC Reduced -20,432-20.4k
PARK NATIONAL CORP /OH/ Reduced -19,717-19.7k
LongView Wealth Management Reduced -18,000-18.0k
CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC Reduced -11,904-11.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -9,080-9.1k
Saxony Capital Management, LLC Reduced -8,486-8.5k
Olde Wealth Management, LLC Reduced -7,486-7.5k
Henderson Brothers Financial Partners, LLC Reduced -6,829-6.8k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 3,891,8133.9m $321.3m $321.3m 0.07% Added +1.7m +1,713,773
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,833,8731.8m $151.4m $151.4m 0.01% Added +1.0m +1,035,645
3 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,271,2761.3m $104.9m $104.9m 0.01% Added +725.1k +725,084
4 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 1,121,6451.1m $92.6m $92.6m 0.03% Added +364.7k +364,687
5 Cambridge Investment Research Advisors, Inc. 0.11% of their portfolio FAIRFIELD, IA 1,119,7941.1m $92.4m $92.4m 0.11% Added +583.1k +583,132
6 Resonant Capital Advisors, LLC 3.12% of their portfolio Madison, WI 791,780791.8k $65.4m $65.4m 3.12% Added +7.2k +7,188
7 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 674,962675.0k $55.7m $55.7m 0.05% Added +62.4k +62,398
8 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 545,252545.3k $45.0m $45.0m 0.01% Added +43.1k +43,119
9 LANDAAS & CO /WI /ADV 7.62% of their portfolio MILWAUKEE, WI 507,447507.4k $41.9m $41.9m 7.62% Added +39.6k +39,634
10 ELEVATION POINT WEALTH PARTNERS, LLC 0.70% of their portfolio DENVER, CO 458,581458.6k $37.9m $37.9m 0.70% New
11 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.06% of their portfolio PLYMOUTH, MN 446,543446.5k $36.4m $36.4m 0.06% Added +365.7k +365,682
12 MML INVESTORS SERVICES, LLC 0.08% of their portfolio SPRINGFIELD, MA 446,128446.1k $36.8m $36.8m 0.08% Added +104.7k +104,669
13 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 414,235414.2k $34.2m $34.2m 0.04% Added +63.6k +63,647
14 CREATIVE FINANCIAL DESIGNS INC /ADV 1.58% of their portfolio KOKOMO, IN 403,015403.0k $33.3m $33.3m 1.58% Added +346.3k +346,298
15 GREAT VALLEY ADVISOR GROUP, INC. 0.52% of their portfolio WILMINGTON, DE 398,187398.2k $32.9m $32.9m 0.52% Added +53.5k +53,478
16 INDEPENDENT FINANCIAL GROUP, LLC 0.58% of their portfolio SAN DIEGO, CA 374,524374.5k $30.9m $30.9m 0.58% Added +587 +587
17 Equitable Holdings, Inc. 0.17% of their portfolio NEW YORK, NY 341,897341.9k $28.2m $28.2m 0.17% Added +142.1k +142,055
18 Capital Analysts, LLC 0.64% of their portfolio FORT WASHINGTON, PA 335,370335.4k $27.7m $27.7m 0.64% Added +4.4k +4,353
19 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 325,453325.5k $26.9m $26.9m 0.01% Added +105.0k +105,024
20 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 322,337322.3k $26.6m $26.6m 0.03% Added +25.3k +25,325
21 ARQ WEALTH ADVISORS, LLC 3.07% of their portfolio SCOTTSDALE, AZ 311,203311.2k $24.8m $24.8m 3.07% Added +60.1k +60,103
22 PARK NATIONAL CORP /OH/ 0.67% of their portfolio NEWARK, OH 288,365288.4k $23.8m $23.8m 0.67% Reduced -19.7k -19,717
23 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 268,505268.5k $22.2m $22.2m 0.02% Added +32.4k +32,371
24 Insight Wealth Strategies, LLC 2.04% of their portfolio SAN RAMON, CA 255,947255.9k $20.9m $20.9m 2.04% New
25 Planned Solutions, Inc. 5.77% of their portfolio FOLSOM, CA 243,037243.0k $20.1m $20.1m 5.77% Added +2.2k +2,206
26 CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC 2.29% of their portfolio BETHLEHEM, PA 212,535212.5k $17.5m $17.5m 2.29% Reduced -11.9k -11,904
27 SAXON INTERESTS, INC. 4.44% of their portfolio HOUSTON, TX 194,568194.6k $16.1m $16.1m 4.44% New
28 D'Orazio & Associates, Inc. 1.79% of their portfolio VIENNA, VA 187,575187.6k $15.5m $15.5m 1.79% Added +28.6k +28,625
29 Carr Financial Group Corp 3.52% of their portfolio WORCESTER, MA 184,986185.0k $15.3m $15.3m 3.52% Reduced -5.1k -5,072
30 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 164,064164.1k $13.5m $13.5m 0.01% Reduced -5.0k -4,986
31 VALLEY NATIONAL ADVISERS INC 1.47% of their portfolio BETHLEHEM, PA 160,609160.6k $13.3m $13.3m 1.47% Reduced -1.4k -1,383
32 Embree Financial Group 1.31% of their portfolio Chicago, IL 158,151158.2k $13.1m $13.1m 1.31% New
33 Certified Advisory Corp 1.01% of their portfolio ALTAMONTE SPRINGS, FL 151,403151.4k $12.5m $12.5m 1.01% Added +18.0k +17,964
34 Olde Wealth Management, LLC 3.36% of their portfolio SAMMAMISH, WA 143,651143.7k $11.9m $11.9m 3.36% Reduced -7.5k -7,486
35 CGN Advisors LLC 0.86% of their portfolio MANHATTAN, KS 141,881141.9k $11.7m $11.7m 0.86% Added +30.5k +30,525
36 Bauman Advisory Group, LLC 6.11% of their portfolio LAS VEGAS, NV 139,714139.7k $11.5m $11.5m 6.11% New
37 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 126,294126.3k $10.4m $10.4m 0.01% Added +67.4k +67,357
38 Base Wealth Management LLC 4.38% of their portfolio LAKEWOOD RANCH, FL 114,188114.2k $9.4m $9.4m 4.38% New
39 PRINCIPAL SECURITIES, INC. 0.11% of their portfolio DES MOINES, IA 113,680113.7k $9.4m $9.4m 0.11% Added +10.7k +10,709
40 Lakeshore Capital Group, Inc. 6.83% of their portfolio Rolling Meadows, IL 111,760111.8k $9.2m $9.2m 6.83% Added +3.0k +2,965
41 Milestones Private Investment Advisors LLC 6.52% of their portfolio FAIRPORT, NY 99,25999.3k $8.2m $8.2m 6.52% Added +38.7k +38,688
42 GW HENSSLER & ASSOCIATES LTD 0.36% of their portfolio KENNESAW, GA 99,17899.2k $8.2m $8.2m 0.36% Reduced -357 -357
43 Key Client Fiduciary Advisors, LLC 2.22% of their portfolio Fairfield, NJ 92,53592.5k $7.6m $7.6m 2.22% Added +81.9k +81,915
44 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 76,46476.5k $6.3m $6.3m 0.00% Added +669 +669
45 OPTIMA CAPITAL LLC 2.39% of their portfolio PORTLAND, OR 73,22773.2k $6.0m $6.0m 2.39% Added +16.1k +16,102
46 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 71,24371.2k $5.9m $5.9m 0.02% Added +7.8k +7,806
47 UPTICK PARTNERS, LLC 0.89% of their portfolio NACOGDOCHES, TX 69,65569.7k $5.8m $5.8m 0.89% Added +18.5k +18,536
48 Stratos Wealth Advisors, LLC 0.31% of their portfolio BEACHWOOD, OH 68,50768.5k $5.7m $5.7m 0.31% Reduced -670 -670
49 Marshall & Sterling Wealth Advisors Inc. 3.12% of their portfolio POUGHKEEPSIE, NY 63,81563.8k $5.3m $5.3m 3.12% Reduced -5.7k -5,702
50 Merit Financial Group, LLC 0.03% of their portfolio ALPHARETTA, GA 62,66362.7k $5.2m $5.2m 0.03% Added +1.5k +1,510
51 KESTRA PRIVATE WEALTH SERVICES, LLC 0.06% of their portfolio AUSTIN, TX 60,88860.9k $5.0m $5.0m 0.06% Added +48 +48
52 Avior Wealth Management, LLC 0.13% of their portfolio OMAHA, NE 60,75860.8k $5.0m $5.0m 0.13% Added +49.0k +49,040
53 Stratos Wealth Partners, LTD. 0.05% of their portfolio BEACHWOOD, OH 59,60659.6k $4.9m $4.9m 0.05% Added +56.4k +56,353
54 LEAVELL INVESTMENT MANAGEMENT, INC. 0.18% of their portfolio MOBILE, AL 58,72458.7k $4.8m $4.8m 0.18% Added +13.4k +13,415
55 WJ Wealth Management, LLC 1.76% of their portfolio GLENDALE, AZ 54,13354.1k $4.5m $4.5m 1.76% Reduced -53 -53
56 Strategic Financial Concepts, LLC 1.29% of their portfolio SAN ANTONIO, TX 51,11851.1k $4.3m $4.3m 1.29% Added +36.8k +36,777
57 Golden State Wealth Management, LLC 0.29% of their portfolio SANTA ANA, CA 39,00939.0k $3.2m $3.2m 0.29% Added +25.8k +25,756
58 WIN ADVISORS, INC 1.12% of their portfolio PALM BEACH GARDENS, FL 38,09838.1k $3.1m $3.1m 1.12% New
59 FIRST COMMUNITY TRUST NA 1.36% of their portfolio DUBUQUE, IA 36,38036.4k $3.0m $3.0m 1.36% Unchanged
60 CALTON & ASSOCIATES, INC. 0.42% of their portfolio Tampa, FL 34,86034.9k $2.9m $2.9m 0.42% Added +5.5k +5,482
61 Keating Financial Advisory Services, Inc. 0.38% of their portfolio MANHATTAN, KS 34,63034.6k $2.9m $2.9m 0.38% Reduced -4.3k -4,341
62 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 33,93433.9k $2.8m $2.8m 0.00% Added +97 +97
63 Cedar Wealth Management, LLC 0.71% of their portfolio LA JOLLA, CA 33,63333.6k $2.8m $2.8m 0.71% Added +1.7k +1,704
64 HB Wealth Management, LLC 0.02% of their portfolio Atlanta, GA 32,62332.6k $2.7m $2.7m 0.02% New
65 Belpointe Asset Management LLC 0.09% of their portfolio RENO, NV 32,07932.1k $2.6m $2.6m 0.09% New
66 Wealth Enhancement Trust Services, Inc. 0.28% of their portfolio SIOUX FALLS, SD 30,59630.6k $2.5m $2.5m 0.28% Added +15.2k +15,230
67 Stonebridge Wealth Management, LLC 2.19% of their portfolio OAK BROOK, IL 29,68329.7k $2.5m $2.5m 2.19% Reduced -424 -424
68 THOROUGHBRED FINANCIAL SERVICES, LLC 0.11% of their portfolio BRENTWOOD, TN 28,38628.4k $2.3m $2.3m 0.11% Added +3.6k +3,637
69 FIDUCIARY FINANCIAL ADVISORS 0.24% of their portfolio GRAND RAPIDS, MI 28,08528.1k $2.3m $2.3m 0.24% New
70 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 27,48627.5k $2.3m $2.3m 0.00% Reduced -9.1k -9,080
71 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 25,35325.4k $2.1m $2.1m 0.01% New
72 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.09% of their portfolio CEDAR RAPIDS, IA 23,98824.0k $2.0m $2.0m 0.09% Added +630 +630
73 Prospera Financial Services Inc 0.03% of their portfolio Dallas, TX 23,66123.7k $2.0m $2.0m 0.03% Added +11.0k +11,015
74 WILLIAM JOHN SEMPOLINSKI 0.78% of their portfolio EASTON, MA 23,39023.4k $1.9m $1.9m 0.78% New
75 Geneos Wealth Management Inc. 0.04% of their portfolio ENGLEWOOD, CO 22,83322.8k $1.9m $1.9m 0.04% Reduced -81 -81
76 LaSalle St. Investment Advisors, LLC 0.23% of their portfolio ELMHURST, IL 22,70422.7k $1.9m $1.9m 0.23% Added +333 +333
77 Dynamic Advisor Solutions LLC 0.05% of their portfolio PHOENIX, AZ 22,62222.6k $1.9m $1.9m 0.05% Added +339 +339
78 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 22,44622.4k $1.9m $1.9m 0.00% Added +11.5k +11,545
79 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 21,71421.7k $1.8m $1.8m 0.00% Added +20.8k +20,810
80 Kingsview Wealth Management, LLC 0.02% of their portfolio GRANTS PASS, OR 20,93820.9k $1.7m $1.7m 0.02% Added +13.9k +13,921
81 Foundations Investment Advisors, LLC 0.02% of their portfolio PHOENIX, AZ 20,59920.6k $1.7m $1.7m 0.02% Added +6.7k +6,652
82 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 20,28520.3k $1.7m $1.7m 0.02% New
83 ADAPT WEALTH ADVISORS, LLC 0.54% of their portfolio ATLANTA, GA 19,83219.8k $1.6m $1.6m 0.54% Reduced -735 -735
84 RETIREMENT CAPITAL STRATEGIES 0.56% of their portfolio SAN JOSE, CA 19,50519.5k $1.6m $1.6m 0.56% New
85 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 19,20019.2k $1.6m $1.6m 0.00% Added +1.8k +1,815
86 FLOW TRADERS U.S. LLC 0.06% of their portfolio NEW YORK, NY 18,11018.1k $1.5m $1.5m 0.06% Reduced -20.4k -20,432
87 CIBC Bancorp USA Inc. 0.00% of their portfolio CHICAGO, IL 17,99518.0k $1.5m $1.5m 0.00% New
88 Disciplined Investments, LLC 0.45% of their portfolio TULSA, OK 16,76616.8k $1.4m $1.4m 0.45% Unchanged
89 Spire Wealth Management 0.04% of their portfolio MCLEAN, VA 16,69916.7k $1.4m $1.4m 0.04% Reduced -1.9k -1,900
90 Rossby Financial, LCC 0.25% of their portfolio MELBOURNE, FL 16,55416.6k $1.4m $1.4m 0.25% Added +34 +34
91 SMITH SHELLNUT WILSON LLC /ADV 0.50% of their portfolio Ridgeland, MS 16,18916.2k $1.3m $1.3m 0.50% Added +2.2k +2,240
92 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 15,99916.0k $1.3m $1.3m 0.00% Added +8.0k +8,005
93 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 14,86714.9k $1.2m $1.2m 0.00% Added +414 +414
94 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 13,76213.8k $1.1m $1.1m 0.00% Added +11.1k +11,143
95 Tower Research Capital LLC (TRC) 0.03% of their portfolio NEW YORK, NY 13,11113.1k $1.1m $1.1m 0.03% New
96 Breakwater Capital Group 0.12% of their portfolio PARAMUS, NJ 11,74011.7k $969.2k $969.2k 0.12% Added +502 +502
97 Henderson Brothers Financial Partners, LLC 0.41% of their portfolio PITTSBURGH, PA 10,56110.6k $871.8k $871.8k 0.41% Reduced -6.8k -6,829
98 GWN SECURITIES INC. 0.12% of their portfolio Palm Beach Gardens, FL 8,5508.6k $705.8k $705.8k 0.12% Reduced -50 -50
99 Saxony Capital Management, LLC 0.32% of their portfolio ST. LOUIS, MO 8,3558.4k $689.7k $689.7k 0.32% Reduced -8.5k -8,486
100 Verdence Capital Advisors LLC 0.04% of their portfolio HUNT VALLEY, MD 8,2678.3k $682.4k $682.4k 0.04% New