Vault-13

ISHARES TR IBCA

IBONDS DEC 2035 · ETP · CUSIP 46438G372

62 institutional holders +33 vs Q3 2025
6,509,3616.5m shares reported held*
$168.9mreported value*
32 new 22 added 0 reduced 3 sold out net bought ≈ $96.1m (+3.7m 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 ≈ $25.94.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q1 25: 3Q2 25: 12Q3 25: 29Q4 25: 6262Q1 25Q2 25Q3 25Q4 25
Numbers
QuarterHolders
Q1 20253
Q2 202512
Q3 202529
Q4 202562

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 25: 11 bought or addedQ2 25: 2 cut or sold outQ2 25Q3 25: 28 bought or addedQ3 25: 2 cut or sold outQ3 25Q4 25: 54 bought or addedQ4 25: 3 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q2 2025112
Q3 2025282
Q4 2025543

Biggest buyers

BANK OF AMERICA CORP /DE/ New +744,296+744.3k
Arrow Financial Corp New +568,567+568.6k
Capital Investment Advisors, LLC Added +332,225+332.2k
MORGAN STANLEY New +224,325+224.3k
Guidance Point Advisors, LLC Added +194,427+194.4k
RAYMOND JAMES FINANCIAL INC New +191,873+191.9k
4Thought Financial Group Inc. New +180,113+180.1k
BENJAMIN EDWARDS INC New +167,625+167.6k
Krilogy Financial LLC New +161,513+161.5k
Addison Advisors LLC Added +114,915+114.9k

Biggest sellers

JANE STREET GROUP, LLC Sold out -33,729-33.7k
NBT BANK, N.A. Sold out -715-715
Koesten, Hirschmann & Crabtree, INC. Sold out -338-338

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Capital Investment Advisors, LLC 0.68% of their portfolio ATLANTA, GA 1,715,7501.7m $44.5m $44.5m 0.68% Added +332.2k +332,225
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 744,296744.3k $19.3m $19.3m 0.00% New
3 Arrow Financial Corp 1.47% of their portfolio Glens Falls, NY 568,567568.6k $14.7m $14.7m 1.47% New
4 MB, LEVIS & ASSOCIATES, LLC 5.79% of their portfolio CENTER VALLEY, PA 529,786529.8k $13.7m $13.7m 5.79% Added +6.9k +6,897
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 224,325224.3k $5.8m $5.8m 0.00% New
6 Guidance Point Advisors, LLC 1.33% of their portfolio Wellesley, MA 221,647221.6k $5.7m $5.7m 1.33% Added +194.4k +194,427
7 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 191,873191.9k $5.0m $5.0m 0.00% New
8 Lido Advisors, LLC 0.02% of their portfolio Los Angeles, CA 181,703181.7k $4.7m $4.7m 0.02% Added +13.7k +13,706
9 4Thought Financial Group Inc. 2.31% of their portfolio SYOSSET, NY 180,113180.1k $4.7m $4.7m 2.31% New
10 BENJAMIN EDWARDS INC 0.05% of their portfolio Clayton, MO 167,625167.6k $4.3m $4.3m 0.05% New
11 Krilogy Financial LLC 0.14% of their portfolio ST. LOUIS, MO 161,513161.5k $4.2m $4.2m 0.14% New
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 158,607158.6k $4.1m $4.1m 0.00% Added +55.7k +55,742
13 Addison Advisors LLC 0.83% of their portfolio MIDDLEBURY, VT 143,278143.3k $3.7m $3.7m 0.83% Added +114.9k +114,915
14 INSTRUMENTAL WEALTH, LLC 1.43% of their portfolio TAMPA, FL 90,72390.7k $2.4m $2.4m 1.43% Added +9.9k +9,882
15 Stonebrook Private Inc. 0.47% of their portfolio NORTHVILLE, MI 87,29287.3k $2.3m $2.3m 0.47% New
16 Probity Advisors, Inc. 0.35% of their portfolio DALLAS, TX 85,05685.1k $2.2m $2.2m 0.35% Added +48.1k +48,058
17 Paradigm, Strategies in Wealth Management, LLC 1.31% of their portfolio Maple Grove, MN 77,23977.2k $2.0m $2.0m 1.31% Added +27.3k +27,263
18 Archford Capital Strategies, LLC 0.23% of their portfolio SWANSEA, IL 76,46776.5k $2.0m $2.0m 0.23% New
19 J.W. COLE ADVISORS, INC. 0.04% of their portfolio TAMPA, FL 70,58470.6k $1.8m $1.8m 0.04% Added +3.5k +3,495
20 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 68,01668.0k $1.8m $1.8m 0.00% New
21 Atlantic Union Bankshares Corp 0.03% of their portfolio GLEN ALLEN, VA 63,48163.5k $1.6m $1.6m 0.03% Added +42.7k +42,707
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 61,24161.2k $1.6m $1.6m 0.00% Added +10.0k +10,028
23 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 60,26560.3k $1.6m $1.6m 0.00% New
24 MCF Advisors LLC 0.07% of their portfolio LEXINGTON, KY 47,41947.4k $1.2m $1.2m 0.07% Added +20.2k +20,214
25 MV CAPITAL MANAGEMENT, INC. 0.09% of their portfolio BETHESDA, MD 36,18836.2k $938.7k $938.7k 0.09% New
26 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 35,23335.2k $913.9k $913.9k 0.00% Added +24.6k +24,604
27 COLDSTREAM CAPITAL MANAGEMENT INC 0.01% of their portfolio BELLEVUE, WA 33,75433.8k $875.6k $875.6k 0.01% Added +16.6k +16,640
28 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 33,16533.2k $860.3k $860.3k 0.00% New
29 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 31,54031.5k $818.1k $818.1k 0.00% Added +12.9k +12,949
30 HANCOCK WHITNEY CORP 0.01% of their portfolio GULFPORT, MS 30,87430.9k $800.9k $800.9k 0.01% New
31 ADIRONDACK TRUST CO 0.26% of their portfolio SARATOGA SPRINGS, NY 30,60530.6k $793.5k $793.5k 0.26% Added +10.2k +10,233
32 Daviman Financial, LLC 0.37% of their portfolio FISHERS, IN 24,39424.4k $632.8k $632.8k 0.37% First filing
33 CFG Wealth Management Services, Inc. 0.53% of their portfolio INDIANAPOLIS, XX 22,22222.2k $576.4k $576.4k 0.53% First filing
34 Stokes Family Office, LLC 0.05% of their portfolio NEW ORLEANS, LA 22,00022.0k $570.7k $570.7k 0.05% New
35 Gilbert & Cook, Inc. 0.06% of their portfolio WEST DES MOINES, IA 19,08519.1k $495.1k $495.1k 0.06% New
36 Parallel Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 18,23818.2k $473.1k $473.1k 0.01% Added +18.1k +18,149
37 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 17,49817.5k $454.7k $454.7k 0.00% Added +3.7k +3,665
38 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 16,48316.5k $427.6k $427.6k 0.01% Added +2.6k +2,568
39 StoneX Group Inc. 0.02% of their portfolio NEW YORK, NY 15,69715.7k $407.2k $407.2k 0.02% New
40 Reliant Wealth Planning 0.12% of their portfolio LOUISVILLE, KY 15,14715.1k $392.9k $392.9k 0.12% Unchanged
41 CFO CAPITAL MANAGEMENT LLC 0.28% of their portfolio FAIRFIELD, CT 14,65014.7k $380.0k $380.0k 0.28% First filing
42 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 12,16412.2k $315.5k $315.5k 0.00% New
43 DEARBORN PARTNERS LLC 0.02% of their portfolio CHICAGO, IL 12,15812.2k $309.8k $309.8k 0.02% New
44 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 11,50511.5k $298.4k $298.4k 0.00% New
45 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 11,06111.1k $286.9k $286.9k 0.00% Added +390 +390
46 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 10,71810.7k $278.0k $278.0k 0.00% Added +4.7k +4,726
47 Sarver Vrooman Wealth Advisors 0.17% of their portfolio KANSAS CITY, MO 10,12410.1k $262.6k $262.6k 0.17% Unchanged
48 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 10,06010.1k $260.9k $260.9k 0.00% New
49 McGlone Suttner Wealth Management, Inc. 0.03% of their portfolio APPLETON, WI 8,5348.5k $221.4k $221.4k 0.03% New
50 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 8,3788.4k $217.3k $217.3k 0.00% New
51 CNB Bank 0.06% of their portfolio CLEARFIELD, PA 5,6895.7k $147.6k $147.6k 0.06% New
52 Hyposwiss Advisors SA 0.10% of their portfolio GENEVA, V8 4,1054.1k $106.5k $106.5k 0.10% First filing
53 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 3,2003.2k $83.0k $83.0k 0.00% New
54 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,2592.3k $58.6k $58.6k 0.00% New
55 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,4731.5k $38.2k $38.2k 0.00% New
56 Cherry Tree Wealth Management, LLC 0.01% of their portfolio MINNETONKA, MN 1,0001.0k $25.9k $25.9k 0.01% Unchanged
57 Knights of Columbus Asset Advisors LLC 0.00% of their portfolio NEW HAVEN, CT 873873 $22.6k $22.6k 0.00% Unchanged
58 COMERICA BANK 0.00% of their portfolio DALLAS, TX 800800 $20.8k $20.8k 0.00% New
59 CENTRAL TRUST Co 0.00% of their portfolio JEFFERSON CITY, MO 766766 $19.9k $19.9k 0.00% New
60 Bogart Wealth, LLC 0.00% of their portfolio MCLEAN, VA 575575 $14.9k $14.9k 0.00% New
61 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 228228 $5.9k $5.9k 0.00% New
62 BlackRock, Inc. 0.00% of their portfolio New York, NY 5252 $1.3k $1.3k 0.00% New