ISHARES TR

Ticker: HYDB CUSIP: 46435G250 Class: HIGH YLD SYSTM B

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

InstitutionSharesValue ($000)
RENAISSANCERE HOLDINGS LTD5,057,726$239,483
BANK OF AMERICA CORP /DE/3,208,246$151,910
FACTORY MUTUAL INSURANCE CO2,116,815$100,231
Wealthspire Advisors, LLC1,426,989$67,568
LPL Financial LLC1,146,968$54,309
ENVESTNET ASSET MANAGEMENT INC1,132,066$53,603
STRATEGIC PLANNING GROUP, LLC566,969$26,846
AMERIPRISE FINANCIAL INC557,021$26,369
Kestra Investment Management, LLC537,537$25,452
MORGAN STANLEY436,471$20,667
Capital Investment Counsel, LLC414,853$19,643
Cornerstone Planning Group LLC352,931$16,814
Betterment LLC344,845$16
LIBERTY SQUARE WEALTH PARTNERS LLC329,204$15,588
Apollon Wealth Management, LLC323,094$15,298
SOFI WEALTH, LLC322,409$15,266
Cetera Investment Advisers301,802$14,290
IMA Wealth, Inc.294,840$13,961
Outlook Wealth Advisors, LLC276,113$13,074
UBS Group AG253,017$11,980
OSAIC HOLDINGS, INC.250,274$11,852
TL Private Wealth219,835$10,464
Savvy Advisors, Inc.218,282$10,336
Avior Wealth Management, LLC217,812$10,313
CWM, LLC213,344$10
JPMORGAN CHASE & CO203,968$9,658
MA Private Wealth202,956$9,610
State of New Jersey Common Pension Fund D200,000$9,470
MML INVESTORS SERVICES, LLC194,737$9,221
BlackRock, Inc.187,478$8,877
RAYMOND JAMES FINANCIAL INC171,618$8,126
CAPTRUST FINANCIAL ADVISORS160,484$7,599
Daybright Advisory Services, Inc.130,198$6,165
Armor Investment Advisors, LLC127,035$6,015
COTTONWOOD CAPITAL ADVISORS, LLC124,549$5,897
Manning & Napier Advisors LLC121,945$5,779
Waverly Advisors, LLC112,981$5,350
Kestra Advisory Services, LLC109,549$5,187
SAX WEALTH ADVISORS, LLC103,512$4,901
Mascagni Wealth Management, Inc.101,929$4,826
Sanctuary Advisors, LLC95,135$4,505
Provident Living Financial Services, Inc.90,742$4,297
Triad Wealth Partners, LLC85,519$4,049
Tennessee Valley Asset Management Partners79,628$3,770
ASSETMARK, INC76,863$3,639
Systelligence, LLC75,428$3,572
BEACON FINANCIAL PLANNING, INC73,221$3,467
Bank of New York Mellon Corp71,486$3,385
Private Advisor Group, LLC69,172$3,275
IFP Advisors, Inc62,880$2,977
Dynamic Advisor Solutions LLC62,417$2,955
OneDigital Investment Advisors LLC60,248$2,853
Stratos Wealth Partners, LTD.59,059$2,796
Foundations Investment Advisors, LLC58,293$2,760
RETIREMENT PLANNING GROUP, LLC / NY55,889$2,646
Pinnacle Financial Partners, Inc.55,787$2,642
CORRECT CAPITAL WEALTH MANAGEMENT54,404$2,576
COMMONWEALTH EQUITY SERVICES, LLC44,488$2,107
Advisory Resource Group42,410$2,008
TFB Advisors LLC42,025$1,990
Continuum Advisory, LLC41,839$1,981
PARK AVENUE SECURITIES LLC37,589$2
Leo Wealth, LLC36,820$1,743
Sovran Advisors, LLC36,543$1,738
Security Financial Services, INC.35,221$1,668
ROI Financial Advisors, LLC34,988$1,657
J.E. Simmons & Co., P.C.34,831$1,649
Strategic Financial Concepts, LLC34,292$1,624
J.W. COLE ADVISORS, INC.34,248$42
BNP PARIBAS ARBITRAGE, SA32,407$1,534
Avestar Capital, LLC31,950$1,513
ROVIN CAPITAL /UT/ /ADV31,399$1
Rockefeller Capital Management L.P.31,006$1,468
Strategic Blueprint, LLC29,621$1,403
JFS WEALTH ADVISORS, LLC29,522$1,398
Envestnet Portfolio Solutions, Inc.29,045$1,375
Tidemark, LLC26,395$1,250
SEAMOUNT FINANCIAL GROUP INC25,935$1,228
ROYAL BANK OF CANADA23,743$1,123
HighTower Advisors, LLC23,238$1,100
Allworth Financial LP23,093$1,093
IHT Wealth Management, LLC22,968$1,088
JANE STREET GROUP, LLC22,060$1,045
Cranbrook Wealth Management, LLC20,899$990
Arkadios Wealth Advisors20,814$986
DAHRING | CUSMANO LLC20,635$977
UNITED CAPITAL FINANCIAL ADVISORS, LLC19,777$936
Janney Montgomery Scott LLC18,816$1
THOROUGHBRED FINANCIAL SERVICES, LLC18,805$1
Trek Financial, LLC18,081$856
PRINCIPAL SECURITIES, INC.16,991$805
Compound Planning, Inc.16,939$802
Sonoma Allocations LLC16,572$786
Apollon Financial, LLC16,032$759
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO15,900$753
Embree Financial Group15,830$750
Thrivent Financial for Lutherans15,696$1
Regal Investment Advisors LLC15,405$729
Farther Finance Advisors, LLC15,149$717
Cambridge Investment Research Advisors, Inc.15,017$1
114 other institutions504,006$23,571
Total (214 institutions)25,597,613$1,177,441