Vault-13

ISHARES TR DMAX

LARGE CAP MAX BU · ETP · CUSIP 46438G471

46 institutional holders +3 vs Q1 2026
3,547,1913.5m shares reported held*
$97.0mreported value*
8 new 8 added 12 reduced 5 sold out net sold ≈ $2.1m (-77.8k 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 ≈ $27.34.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q1 25: 17Q2 25: 27Q3 25: 26Q4 25: 30Q1 26: 43Q2 26: 4646Q1 25Q2 25Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q1 202517
Q2 202527
Q3 202526
Q4 202530
Q1 202643
Q2 202646

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 25: 16 bought or addedQ2 25: 7 cut or sold outQ2 25Q3 25: 5 bought or addedQ3 25: 16 cut or sold outQ3 25Q4 25: 17 bought or addedQ4 25: 14 cut or sold outQ4 25Q1 26: 29 bought or addedQ1 26: 8 cut or sold outQ1 26Q2 26: 16 bought or addedQ2 26: 17 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q2 2025167
Q3 2025516
Q4 20251714
Q1 2026298
Q2 20261617

Biggest buyers

Kestra Advisory Services, LLC New +54,814+54.8k
Kestra Investment Management, LLC New +48,847+48.8k
RAYMOND JAMES FINANCIAL INC Added +42,824+42.8k
Ashton Thomas Private Wealth, LLC Added +36,414+36.4k
Crown Wealth Group, LLC Added +14,887+14.9k
Cetera Investment Advisers Added +13,624+13.6k
Sigma Planning Corp New +7,839+7.8k
JPMORGAN CHASE & CO New +6,934+6.9k
FIDUCIARY FINANCIAL ADVISORS New +1,759+1.8k
Blue Trust, Inc. New +1,450+1.4k

Biggest sellers

J. L. Bainbridge & Co., Inc. Reduced -100,626-100.6k
ASHTON THOMAS SECURITIES, LLC Sold out -98,855-98.9k
BIP Wealth, LLC Reduced -23,947-23.9k
OLD MISSION CAPITAL LLC Reduced -21,950-21.9k
Crewe Advisors LLC Reduced -18,449-18.4k
JANE STREET GROUP, LLC Sold out -11,666-11.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -8,219-8.2k
Patriot Financial Group Insurance Agency, LLC Sold out -7,706-7.7k
Encompass More Asset Management Reduced -5,409-5.4k
ATX Financial Planning, LLC Reduced -3,637-3.6k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock Portfolio Management LLC 13G · institution -5.7 pts · filed 2026-02-06 7.8% -5.7 pts 400.0k≈ $10.9m 2026-02-06

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BIP Wealth, LLC 0.57% of their portfolio ATLANTA, GA 736,972737.0k $20.1m $20.1m 0.57% Reduced -23.9k -23,947
2 J. L. Bainbridge & Co., Inc. 1.27% of their portfolio SARASOTA, FL 581,471581.5k $15.9m $15.9m 1.27% Reduced -100.6k -100,626
3 Crown Wealth Group, LLC 3.57% of their portfolio Charlotte, NC 513,454513.5k $14.0m $14.0m 3.57% Added +14.9k +14,887
4 BlackRock, Inc. 0.00% of their portfolio New York, NY 400,000400.0k $10.9m $10.9m 0.00% Unchanged
5 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 167,821167.8k $4.6m $4.6m 0.00% Added +42.8k +42,824
6 FC Advisory LLC 1.11% of their portfolio WEST CHESTER, PA 153,596153.6k $4.2m $4.2m 1.11% Added +601 +601
7 Ashton Thomas Private Wealth, LLC 0.07% of their portfolio SCOTTSDALE, AZ 114,196114.2k $3.1m $3.1m 0.07% Added +36.4k +36,414
8 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 89,96290.0k $2.5m $2.5m 0.00% Added +257 +257
9 Grantvest Financial Group LLC 0.99% of their portfolio MATAWAN, NJ 62,52162.5k $1.7m $1.7m 0.99% Reduced -1.6k -1,605
10 Crewe Advisors LLC 0.11% of their portfolio SALT LAKE CITY, UT 57,24157.2k $1.6m $1.6m 0.11% Reduced -18.4k -18,449
11 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 55,02555.0k $1.5m $1.5m 0.00% Unchanged
12 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 54,81454.8k $1.5m $1.5m 0.00% New
13 Blue Sky Capital Consultants Group, Inc. 0.60% of their portfolio Poway, CA 51,50651.5k $1.4m $1.4m 0.60% Added +1.1k +1,059
14 Kestra Investment Management, LLC 0.03% of their portfolio AUSTIN, TX 48,84748.8k $1.3m $1.3m 0.03% New
15 ATX Financial Planning, LLC 0.72% of their portfolio AUSTIN, TX 39,88339.9k $1.1m $1.1m 0.72% Reduced -3.6k -3,637
16 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 36,39236.4k $995.0k $995.0k 0.00% Added +13.6k +13,624
17 Amplius Wealth Advisors, LLC 0.06% of their portfolio BLUE BELL, PA 29,64729.6k $810.5k $810.5k 0.06% Unchanged
18 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 27,42027.4k $749.7k $749.7k 0.00% Unchanged
19 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 27,26127.3k $745.3k $745.3k 0.00% Reduced -2.3k -2,306
20 Encompass More Asset Management 0.11% of their portfolio Danville, CA 26,79726.8k $732.6k $732.6k 0.11% Reduced -5.4k -5,409
21 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 26,67126.7k $729.2k $729.2k 0.00% Reduced -8.2k -8,219
22 Smith & Howard Wealth Management, LLC 0.13% of their portfolio ATLANTA, GA 23,42223.4k $640.4k $640.4k 0.13% Unchanged
23 CROSSPOINT FINANCIAL, LLC 1.36% of their portfolio TUSTIN, CA 21,68321.7k $592.8k $592.8k 1.36% Unchanged
24 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 20,23620.2k $553.2k $553.2k 0.01% Added +231 +231
25 Ausdal Financial Partners, Inc. 0.02% of their portfolio Davenport, IA 19,64119.6k $537.0k $537.0k 0.02% Unchanged
26 Strategic Blueprint, LLC 0.02% of their portfolio ATLANTA, GA 17,16517.2k $469.3k $469.3k 0.02% Reduced -743 -743
27 SAGESPRING WEALTH PARTNERS, LLC 0.01% of their portfolio FRANKLIN, TN 16,49216.5k $450.9k $450.9k 0.01% Reduced -367 -367
28 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 16,39416.4k $448.2k $448.2k 0.00% Unchanged
29 Shared Vision Wealth Group LLC 0.13% of their portfolio CARLSBAD, X1 14,25414.3k $389.7k $389.7k 0.13% Unchanged
30 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 13,53313.5k $370.0k $370.0k 0.00% Unchanged
31 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 12,01912.0k $328.6k $328.6k 0.01% Reduced -21.9k -21,950
32 MIDDLETON & CO INC/MA 0.03% of their portfolio BOSTON, MA 11,80011.8k $322.6k $322.6k 0.03% Reduced -3.5k -3,550
33 ARS Investment Partners, LLC 0.01% of their portfolio New York, NY 9,99010.0k $273.1k $273.1k 0.01% Unchanged
34 Kovack Advisors, Inc. 0.01% of their portfolio FT. LAUDERDALE, FL 9,3539.4k $255.7k $255.7k 0.01% Unchanged
35 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 8,6138.6k $235.5k $235.5k 0.00% Unchanged
36 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 7,8397.8k $214.3k $214.3k 0.01% New
37 Prosperity Consulting Group, LLC 0.01% of their portfolio OWINGS MILLS, MD 7,8277.8k $214.0k $214.0k 0.01% Unchanged
38 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6,9346.9k $189.3k $189.3k 0.00% New
39 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 2,3452.3k $64.1k $64.1k 0.00% Unchanged
40 FIDUCIARY FINANCIAL ADVISORS 0.00% of their portfolio GRAND RAPIDS, MI 1,7591.8k $48.1k $48.1k 0.00% New
41 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,6831.7k $46.0k $46.0k 0.00% Unchanged
42 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 1,4501.4k $39.6k $39.6k 0.00% New
43 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 600600 $16.4k $16.4k 0.00% New
44 Bernard Wealth Management Corp. 0.00% of their portfolio ROYAL OAK, MI 371371 $10.1k $10.1k 0.00% Unchanged
45 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 211211 $5.8k $5.8k 0.00% New
46 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 8080 $2.2k $2.2k 0.00% Unchanged