ISHARES TR

Ticker: REET CUSIP: 46434V647 Class: GLOBAL REIT ETF

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

InstitutionSharesValue ($000)
State of New Jersey Common Pension Fund D11,787,000$294,086
Valmark Advisers, Inc.6,283,171$156,765
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO6,117,917$152,642
BlackRock, Inc.5,023,285$125,331
M&T Bank Corp4,765,751$118,905
Polianta Ltd3,634,000$91
GOLDMAN SACHS GROUP INC3,484,686$86,943
MORGAN STANLEY3,406,677$84,997
SageView Advisory Group, LLC3,284,630$81,952
Savant Capital, LLC2,460,709$61,395
NEPC LLC2,040,739$50,916
LPL Financial LLC1,777,264$44,343
Sumitomo Mitsui DS Asset Management Company, Ltd1,730,143$43,167
Heritage Investment Group, Inc.1,690,158$42,169
PARTNERS CAPITAL INVESTMENT GROUP, LLP1,563,807$39,017
PDS Planning, Inc1,533,569$38,263
BANK OF MONTREAL /CAN/1,400,968$34,954
Modera Wealth Management, LLC1,299,166$32,414
HighTower Advisors, LLC1,249,750$31,181
ROYAL BANK OF CANADA901,965$22,505
Capstone Financial Advisors, Inc.848,493$21,170
BANK OF AMERICA CORP /DE/757,836$18,908
Amundi700,000$17,465
BRANDYWINE OAK PRIVATE WEALTH LLC690,507$17,228
WELLS FARGO & COMPANY/MN675,311$16,849
Boston Standard Wealth Management, LLC664,644$16,583
Diversified Portfolios, Inc.588,791$14,690
COOPER/HAIMS ADVISORS, LLC562,760$14,041
FSM Wealth Advisors, LLC537,742$13,417
Quent Long Short Global Small Cap Fund, LP505,219$12,605
Quent Capital, LLC505,219$12,605
BIP Wealth, LLC483,797$12,071
Morton Brown Family Wealth, LLC471,540$11,765
Brooklyn FI, LLC464,137$11,580
ENVESTNET ASSET MANAGEMENT INC436,113$10,881
ERn Financial, LLC421,282$10,511
NAPLES GLOBAL ADVISORS, LLC368,396$9,191
MANUFACTURERS LIFE INSURANCE COMPANY, THE360,382$8,995
Waldron Private Wealth LLC358,847$8,953
Corient Private Wealth LLC331,374$8,268
Cetera Investment Advisers327,960$8,183
CUTLER INVESTMENT COUNSEL LLC323,641$8,075
World Investment Advisors320,454$7,995
Vestmark Advisory Solutions, Inc.320,424$7,995
Leading Edge Financial Planning LLC303,533$7,573
Asset Management One Co., Ltd.293,000$7,310
BAILARD, INC.242,428$6,049
Creative Planning235,420$5,874
Prime Buchholz LLC235,330$5,871
Focus Partners Wealth225,919$5,637
Wealthspire Advisors, LLC212,611$5,305
GP Brinson Investments LLC186,339$4,649
FIDUCIARY FINANCIAL GROUP, LLC183,939$4,589
Alhambra Investment Partners LLC180,840$4,512
Pathstone Holdings, LLC149,110$3,720
Advisory Services Network, LLC146,541$3,656
Mirae Asset Global Investments Co., Ltd.144,591$3,608
UBS Group AG142,805$3,563
Lester Murray Antman dba SimplyRich140,204$3
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS140,000$3,493
Greenspring Advisors, LLC131,407$3,279
SOL Capital Management CO128,140$3
CIBC Private Wealth Group, LLC127,989$3,193
Arkos Global Advisors124,207$3
XY Planning Network, Inc.120,869$3,016
Cornerstone Financial Group, LLC /NE/119,787$2,989
Manske Wealth Management118,779$2,964
SC&H Financial Advisors, Inc.114,781$2,864
Bristlecone Value Partners, LLC114,190$2,849
One Capital Management, LLC113,175$2,824
READYSTATE ASSET MANAGEMENT LP109,820$2,740
COLLECTIVE FAMILY OFFICE LLC109,673$2,736
GLENMEDE TRUST CO NA106,726$2,663
Aurelius Family Office LLC105,535$2,645
Emerald Advisors, LLC105,245$2,626
SUMITOMO MITSUI FINANCIAL GROUP, INC.104,810$2,615
RS CRUM INC.102,815$2,565
Cambridge Investment Research Advisors, Inc.94,775$2
RAYMOND JAMES FINANCIAL INC93,496$2,333
Financial Plan, Inc.91,744$2,289
Hills Bank & Trust Co90,030$2,246
JONES FINANCIAL COMPANIES LLLP90,007$2,246
Callan Family Office, LLC89,911$2,243
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC86,996$2,190
Capasso Planning Partners LLC85,373$2,130
MERCER GLOBAL ADVISORS INC /ADV83,999$2,096
OSAIC HOLDINGS, INC.83,431$2,082
JFS WEALTH ADVISORS, LLC79,390$1,981
CLUNE & ASSOCIATES, LTD.78,574$1,960
FAS Wealth Partners, Inc.77,865$1,943
D. E. Shaw & Co., Inc.77,139$1,925
TOCQUEVILLE ASSET MANAGEMENT L.P.73,795$1,841
EXENCIAL WEALTH ADVISORS, LLC70,240$1,752
Payne Capital Management, LLC69,645$1,738
Waverly Advisors, LLC69,123$1,725
55 North Private Wealth, LLC65,375$1,631
First National Advisers, LLC64,500$1,609
Wealthspire Retirement, LLC64,290$1,604
JPMORGAN CHASE & CO59,332$1,480
Simplicity Wealth,LLC58,522$1,460
198 other institutions3,099,934$75,040
Total (298 institutions)87,478,268$2,077,590