ISHARES TR

Ticker: CMBS CUSIP: 46429B366 Class: CMBS ETF

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
SYON CAPITAL LLC633,847$31,109
UBS Group AG541,908$26,597
AE Wealth Management LLC490,546$24,076
ARVEST INVESTMENTS, INC.438,194$21,507
LPL Financial LLC418,164$20,523
MORGAN STANLEY306,977$15,066
BANK OF AMERICA CORP /DE/294,452$14,452
HANCOCK WHITNEY CORP268,948$13,200
Prepared Retirement Institute LLC240,678$11,812
PRUDENTIAL PLC194,402$9,541
CENTRAL BANK & TRUST CO187,420$9,199
WELLS FARGO & COMPANY/MN183,435$9,003
OSAIC HOLDINGS, INC.173,271$8,505
Cetera Investment Advisers132,780$6,517
Krilogy Financial LLC132,705$6,530
RAYMOND JAMES FINANCIAL INC107,216$5,262
AMERIPRISE FINANCIAL INC97,578$4,781
SCHMIDT P J INVESTMENT MANAGEMENT INC96,211$4,722
U.S. Capital Wealth Advisors, LLC79,107$3,883
SYKON CAPITAL LLC72,936$3,580
TIAA TRUST, NATIONAL ASSOCIATION67,262$3,301
UBS ASSET MANAGEMENT AMERICAS INC66,945$3,286
Insight Wealth Partners, LLC66,397$3,259
ENVESTNET ASSET MANAGEMENT INC66,297$3,254
Wright Fund Management, LLC63,286$3,106
Pathstone Holdings, LLC62,574$3,071
FRANKLIN RESOURCES INC47,804$2,346
FIRST TRUST ADVISORS LP41,076$2,016
BlackRock, Inc.40,625$1,994
JONES FINANCIAL COMPANIES LLLP35,901$1,762
Ethos Capital Management, Inc.33,890$1,663
COMMONWEALTH EQUITY SERVICES, LLC33,716$1,655
Palogic Value Management, L.P.27,382$1,345
GUGGENHEIM CAPITAL LLC24,856$1,220
Rosenberg Matthew Hamilton24,458$1,200
Heck Capital Advisors, LLC21,962$1,078
Advisory Alpha, LLC20,804$1,021
Willis Johnson & Associates, Inc.18,827$924
Envestnet Portfolio Solutions, Inc.18,249$896
&PARTNERS17,319$603
Arete Wealth Advisors, LLC16,479$1
Columbus Macro, LLC15,544$763
Maia Wealth LLC15,294$756
Cogent Private Wealth, Inc.14,152$695
TOUNJIAN ADVISORY PARTNERS, LLC12,510$614
Hyundai Investments Co., Ltd.11,731$577
COMERICA BANK11,496$564
MMA ASSET MANAGEMENT LLC10,927$536
Kestra Advisory Services, LLC10,502$515
City Center Advisors, LLC9,583$470
Visionary Wealth Advisors9,503$466
Cambridge Investment Research Advisors, Inc.9,373$0
Elevated Capital Advisors, LLC8,887$436
JPMORGAN CHASE & CO8,464$415
Mach-1 Financial Group, LLC8,338$409
GUIDANCE CAPITAL, INC7,446$366
CULLEN/FROST BANKERS, INC.7,147$351
ROYAL BANK OF CANADA7,077$347
Wealthcare Advisory Partners LLC6,971$342
GREAT VALLEY ADVISOR GROUP, INC.6,499$319
Quantinno Capital Management LP6,155$302
Bank of New York Mellon Corp5,890$289
IFP Advisors, Inc5,267$259
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC5,000$246
HORIZON FINANCIAL SERVICES, LLC3,283$161
MAI Capital Management2,900$142
ST GERMAIN D J CO INC1,613$79
Rockefeller Capital Management L.P.1,356$67
Aptus Capital Advisors, LLC993$49
FMR LLC930$46
Wagner Wealth Management, LLC906$44
MidAtlantic Capital Management, Inc.849$42
PRIVATE TRUST CO NA848$42
Capital Analysts, LLC677$0
Decker Retirement Planning Inc.601$29
Geneos Wealth Management Inc.540$26
Strengthening Families & Communities, LLC450$22
NATIONAL BANK OF CANADA /FI/441$22
Bogart Wealth, LLC306$15
Signature Equity Partners, LLC297$15
CWM, LLC256$0
Global Retirement Partners, LLC233$11
US BANCORP \DE\200$10
Jackson Hole Capital Partners, LLC136$7
Manchester Capital Management LLC102$5
Kingdom Financial Group LLC.97$5
Rossby Financial, LCC75$4
Laurel Wealth Advisors LLC66$3
Qube Research & Technologies Ltd46$2
Glen Eagle Advisors, LLC32$2
IMG Wealth Management, Inc.32$2
Quest 10 Wealth Builders, Inc.16$1
SRS Capital Advisors, Inc.13$1
Spurstone Advisory Services, LLC2$0
Total (94 institutions)6,138,936$299,758