Vault-13

ISHARES TR IBHG

IBONDS 2027 TERM · ETP · CUSIP 46436E478

88 institutional holders +10 vs Q1 2025
8,453,8168.5m shares reported held*
$190.9mreported value*
13 new 38 added 25 reduced 4 sold out net bought ≈ $26.4m (+1.2m 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. Holder counts are more reliable. Implied quarter-end price ≈ $22.58.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 10Q4 22: 17Q1 23: 23Q2 23: 26Q3 23: 28Q4 23: 33Q1 24: 46Q2 24: 47Q3 24: 49Q4 24: 74Q1 25: 78Q2 25: 8888Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202210
Q4 202217
Q1 202323
Q2 202326
Q3 202328
Q4 202333
Q1 202446
Q2 202447
Q3 202449
Q4 202474
Q1 202578
Q2 202588

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 16 bought or addedQ3 23: 6 cut or sold outQ4 23: 26 bought or addedQ4 23: 6 cut or sold outQ4 23Q1 24: 34 bought or addedQ1 24: 7 cut or sold outQ2 24: 34 bought or addedQ2 24: 13 cut or sold outQ2 24Q3 24: 30 bought or addedQ3 24: 12 cut or sold outQ4 24: 51 bought or addedQ4 24: 7 cut or sold outQ4 24Q1 25: 55 bought or addedQ1 25: 15 cut or sold outQ2 25: 51 bought or addedQ2 25: 29 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023166
Q4 2023266
Q1 2024347
Q2 20243413
Q3 20243012
Q4 2024517
Q1 20255515
Q2 20255129

Biggest buyers

OSAIC HOLDINGS, INC. Added +720,628+720.6k
LBMC INVESTMENT ADVISORS, LLC Added +308,502+308.5k
J.W. COLE ADVISORS, INC. New +187,694+187.7k
LPL Financial LLC Added +125,498+125.5k
MORGAN STANLEY Added +86,097+86.1k
Keeler Thomas Management LLC Added +57,714+57.7k
ROYAL BANK OF CANADA Added +53,327+53.3k
Penobscot Investment Management Company, Inc. New +39,150+39.1k
RAYMOND JAMES FINANCIAL INC Added +28,989+29.0k
Hurley Capital, LLC Added +20,249+20.2k

Biggest sellers

GAMMA Investing LLC Reduced -173,179-173.2k
HighTower Advisors, LLC Reduced -127,077-127.1k
JANE STREET GROUP, LLC Reduced -107,118-107.1k
UBS Group AG Reduced -42,868-42.9k
NewEdge Advisors, LLC Reduced -34,717-34.7k
Spire Wealth Management Sold out -27,824-27.8k
Landing Point Financial Group, LLC Reduced -23,541-23.5k
IFP Advisors, Inc Reduced -15,011-15.0k
Robertson Stephens Wealth Management, LLC Sold out -14,512-14.5k
Summit Wealth Partners, LLC Sold out -9,968-10.0k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LBMC INVESTMENT ADVISORS, LLC 1.87% of their portfolio BRENTWOOD, TN 1,165,6211.2m $26.3m $26.3m 1.87% Added +308.5k +308,502
2 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 799,946799.9k $18.0m $18.0m 0.03% Added +720.6k +720,628
3 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 778,916778.9k $17.6m $17.6m 0.01% Added +8.1k +8,133
4 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 491,462491.5k $11.1m $11.1m 0.00% Added +2.1k +2,150
5 Keeler Thomas Management LLC 4.16% of their portfolio Orem, UT 429,332429.3k $9.7m $9.7m 4.16% Added +57.7k +57,714
6 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 406,036406.0k $9.2m $9.2m 0.00% Added +125.5k +125,498
7 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 384,009384.0k $8.7m $8.7m 0.01% Reduced -5.0k -5,008
8 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 359,543359.5k $8.1m $8.1m 0.01% Reduced -127.1k -127,077
9 Commonwealth Financial Services, LLC 1.48% of their portfolio VIENNA, WV 342,134342.1k $7.7m $7.7m 1.48% Added +324 +324
10 Mutual Advisors, LLC 0.17% of their portfolio OMAHA, NE 299,434299.4k $6.7m $6.7m 0.17% Added +5.1k +5,073
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 239,382239.4k $5.4m $5.4m 0.00% Added +86.1k +86,097
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 219,592219.6k $4.9m $4.9m 0.00% Added +2.3k +2,280
13 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 199,177199.2k $4.5m $4.5m 0.00% Added +29.0k +28,989
14 J.W. COLE ADVISORS, INC. 0.09% of their portfolio TAMPA, FL 187,694187.7k $4.2m $4.2m 0.09% New
15 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 132,171132.2k $3.0m $3.0m 0.02% Reduced -34.7k -34,717
16 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 104,281104.3k $2.4m $2.4m 0.01% Added +13.1k +13,102
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 101,006101.0k $2.3m $2.3m 0.00% Added +53.3k +53,327
18 SUMMIT INVESTMENT ADVISORS, INC. 1.80% of their portfolio HUNT VALLEY, MD 97,61097.6k $2.2m $2.2m 1.80% Added +7.3k +7,270
19 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 97,19897.2k $2.2m $2.2m 0.01% Reduced -4.7k -4,665
20 Straight Path Wealth Management 0.70% of their portfolio Jenison, MI 90,92390.9k $2.0m $2.0m 0.70% Added +11.4k +11,432
21 KESTRA PRIVATE WEALTH SERVICES, LLC 0.03% of their portfolio AUSTIN, TX 87,05187.1k $2.0m $2.0m 0.03% Added +7.2k +7,224
22 Advisory Services Network, LLC 0.03% of their portfolio ATLANTA, GA 78,38478.4k $1.8m $1.8m 0.03% Added +160 +160
23 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 69,94169.9k $1.6m $1.6m 0.00% Reduced -5.0k -5,004
24 Sightline Wealth Advisors, LLC 0.75% of their portfolio GROTON, CT 69,28469.3k $1.6m $1.6m 0.75% Added +1.6k +1,604
25 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 62,92662.9k $1.4m $1.4m 0.00% Added +3.9k +3,874
26 BridgePort Financial Solutions, LLC 0.46% of their portfolio FAIRFIELD, IA 61,49861.5k $1.4m $1.4m 0.46% Reduced -1.2k -1,238
27 GAMMA Investing LLC 0.08% of their portfolio FOSTER CITY, CA 58,33958.3k $1.3m $1.3m 0.08% Reduced -173.2k -173,179
28 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 56,38156.4k $1.3m $1.3m 0.01% Added +1.0k +1,022
29 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 54,57254.6k $1.2m $1.2m 0.01% Added +3.3k +3,319
30 Ironwood Financial, llc 0.26% of their portfolio TUCSON, AZ 54,15954.2k $1.2m $1.2m 0.26% Unchanged
31 IFP Advisors, Inc 0.03% of their portfolio TAMPA, FL 51,68251.7k $1.2m $1.2m 0.03% Reduced -15.0k -15,011
32 WRAPMANAGER INC 0.28% of their portfolio MILL VALLEY, CA 50,87950.9k $1.1m $1.1m 0.28% Added +768 +768
33 REBALANCE, LLC 0.07% of their portfolio PALO ALTO, CA 45,31745.3k $1.0m $1.0m 0.07% Added +608 +608
34 Penobscot Investment Management Company, Inc. 0.08% of their portfolio BOSTON, MA 39,15039.1k $882.4k $882.4k 0.08% New
35 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 37,92837.9k $854.9k $854.9k 0.01% Added +2.0k +1,995
36 HEADINVEST, LLC 0.17% of their portfolio Portland, ME 36,30036.3k $818.2k $818.2k 0.17% Reduced -1.0k -1,000
37 BlackRock, Inc. 0.00% of their portfolio New York, NY 35,53635.5k $801.0k $801.0k 0.00% Reduced -161 -161
38 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 35,00735.0k $789.1k $789.1k 0.02% Added +2.0k +1,958
39 THOROUGHBRED FINANCIAL SERVICES, LLC 0.05% of their portfolio BRENTWOOD, TN 34,88334.9k $786.0k $786.0k 0.05% Reduced -2.7k -2,721
40 UBS Group AG 0.00% of their portfolio ZURICH, V8 28,07228.1k $632.7k $632.7k 0.00% Reduced -42.9k -42,868
41 Hurley Capital, LLC 0.44% of their portfolio NEW YORK, NY 27,99028.0k $630.9k $630.9k 0.44% Added +20.2k +20,249
42 Heartland Bank & Trust Co 0.26% of their portfolio BLOOMINGTON, IL 24,75324.8k $557.9k $557.9k 0.26% Added +10.2k +10,163
43 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 24,69024.7k $556.5k $556.5k 0.01% Added +373 +373
44 Klaas Financial Asset Advisors, LLC 0.08% of their portfolio LOVES PARK, IL 23,74623.7k $535.2k $535.2k 0.08% Reduced -1.4k -1,407
45 Austin Private Wealth, LLC 0.04% of their portfolio Austin, TX 23,34723.3k $526.3k $526.3k 0.04% Added +5.3k +5,321
46 Landing Point Financial Group, LLC 0.32% of their portfolio AVON, OH 22,27122.3k $502.0k $502.0k 0.32% Reduced -23.5k -23,541
47 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 21,81621.8k $491.7k $491.7k 0.00% Reduced -107.1k -107,118
48 Consolidated Portfolio Review Corp 0.07% of their portfolio WOODBURY, NY 21,79621.8k $491.3k $491.3k 0.07% Added +1.7k +1,735
49 Global Retirement Partners, LLC 0.01% of their portfolio San Rafael, CA 21,55721.6k $485.9k $485.9k 0.01% First filing
50 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 19,17319.2k $432.2k $432.2k 0.00% Added +5.4k +5,356
51 Marble Harbor Investment Counsel, LLC 0.04% of their portfolio BOSTON, MA 17,73017.7k $399.6k $399.6k 0.04% Reduced -2.0k -1,972
52 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 17,05017.1k $384.3k $384.3k 0.01% Added +1.5k +1,482
53 Parallel Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 15,00015.0k $338.1k $338.1k 0.01% Added +500 +500
54 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 14,43614.4k $325.4k $325.4k 0.00% Reduced -72 -72
55 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 13,01613.0k $293.4k $293.4k 0.00% New
56 BARON SILVER STEVENS FINANCIAL ADVISORS, LLC 0.05% of their portfolio Boca Raton, FL 12,73912.7k $287.1k $287.1k 0.05% Reduced -2.4k -2,392
57 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 12,24212.2k $275.9k $275.9k 0.00% Added +2.8k +2,805
58 LITTLEJOHN FINANCIAL SERVICES, INC. 0.21% of their portfolio ROSEBURG, OR 12,23912.2k $275.9k $275.9k 0.21% Reduced -1.3k -1,283
59 Windsor Capital Management, LLC 0.08% of their portfolio Phoenix, AZ 12,04112.0k $271.4k $271.4k 0.08% Reduced -449 -449
60 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 11,92111.9k $268.7k $268.7k 0.00% Reduced -4.7k -4,670
61 TFR Capital, LLC. 0.09% of their portfolio PLANO, TX 11,08611.1k $249.9k $249.9k 0.09% New
62 Orion Capital Management LLC 0.09% of their portfolio CORONADO, CA 11,00011.0k $247.9k $247.9k 0.09% Added +3.6k +3,600
63 TABLEAUX LLC 0.14% of their portfolio STOCKBRIDGE, MA 10,97911.0k $247.5k $247.5k 0.14% New
64 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 10,85110.9k $243.2k $243.2k 0.00% Unchanged
65 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 10,66210.7k $240.3k $240.3k 0.00% New
66 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 9,5379.5k $215.0k $215.0k 0.00% Reduced -5.7k -5,651
67 Rialto Wealth Management, LLC 0.06% of their portfolio SYRACUSE, NY 9,0389.0k $203.7k $203.7k 0.06% Added +1.0k +1,020
68 Tempus Wealth Planning, LLC 0.05% of their portfolio IRVINE, CA 8,9488.9k $201.7k $201.7k 0.05% New
69 10Elms LLP 0.10% of their portfolio TULSA, OK 4,7574.8k $107.2k $107.2k 0.10% Unchanged
70 EP Wealth Advisors, LLC 0.00% of their portfolio TORRANCE, CA 4,5004.5k $101.4k $101.4k 0.00% Unchanged
71 COMERICA BANK 0.00% of their portfolio DALLAS, TX 4,2574.3k $96.0k $96.0k 0.00% Reduced -81 -81
72 High Note Wealth, LLC 0.01% of their portfolio DEEPHAVEN, MN 2,7502.8k $62.0k $62.0k 0.01% New
73 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,0852.1k $47.0k $47.0k 0.00% Reduced -542 -542
74 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,8401.8k $41.0k $41.0k 0.00% Reduced -242 -242
75 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1,7941.8k $40.4k $40.4k 0.00% New
76 NFSG Corp 0.01% of their portfolio BOCA RATON, FL 1,5801.6k $35.6k $35.6k 0.01% Unchanged
77 Mid-American Wealth Advisory Group, Inc. 0.01% of their portfolio KANSAS CITY, MO 1,1201.1k $25.2k $25.2k 0.01% New
78 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 902902 $20.3k $20.3k 0.00% Unchanged
79 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 888888 $20.0k $20.0k 0.00% New
80 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 840840 $18.9k $18.9k 0.00% Added +14 +14
81 Moisand Fitzgerald Tamayo, LLC 0.00% of their portfolio ORLANDO, FL 800800 $18.0k $18.0k 0.00% Unchanged
82 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 570570 $12.8k $12.8k 0.00% Added +12 +12
83 VSM Wealth Advisory, LLC 0.00% of their portfolio HUNT VALLEY, MD 398398 $9.0k $9.0k 0.00% Unchanged
84 Cherry Tree Wealth Management, LLC 0.00% of their portfolio MINNETONKA, MN 225225 $5.1k $5.1k 0.00% Unchanged
85 FMR LLC 0.00% of their portfolio BOSTON, MA 6565 $1.5k $1.5k 0.00% New
86 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 3535 $789 $789 0.00% New
87 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged
88 Boreal Capital Management LLC 0.31% of their portfolio MIAMI, FL 00 $369.7k $369.7k 0.31% First filing