ISHARES TR

Ticker: FALN CUSIP: 46435G474 Class: FALN ANGLS USD

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

InstitutionSharesValue ($000)
BANK OF AMERICA CORP /DE/7,267,294$198,397
Municipal Employees' Retirement System of Michigan3,657,064$100
MORGAN STANLEY3,440,640$93,930
LPL Financial LLC2,429,052$66,313
State of Tennessee, Department of Treasury2,328,300$64,191
Varma Mutual Pension Insurance Co2,000,000$54,600
Invesco Ltd.1,411,465$38,533
Allworth Financial LP1,333,472$36,404
ESL Trust Services, LLC1,248,458$34,083
ALLIANCEBERNSTEIN L.P.1,040,030$28,393
BlackRock, Inc.922,336$25,180
Baker Avenue Asset Management, LP729,905$19,926
AMERIPRISE FINANCIAL INC684,359$18,687
NOVEM GROUP629,614$17,188
NOMURA ASSET MANAGEMENT CO LTD594,300$16,224
TOEWS CORP /ADV566,900$15,476
UBS Group AG550,628$15,032
Cetera Investment Advisers532,933$14,549
JANE STREET GROUP, LLC521,524$14,238
Creative Planning496,932$13,566
Independence Financial Advisors, LLC476,028$12,996
GOLDMAN SACHS GROUP INC424,013$11,576
Private Advisor Group, LLC385,767$10,531
Cambridge Investment Research Advisors, Inc.363,861$10
State of New Jersey Common Pension Fund D350,000$9,555
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC344,730$9,463
Breakwater Capital Group341,816$9,332
ENVESTNET ASSET MANAGEMENT INC334,712$9,138
OSAIC HOLDINGS, INC.330,776$9,031
Thrivent Financial for Lutherans286,744$8
Stratos Wealth Partners, LTD.283,665$7,744
Prepared Retirement Institute LLC268,833$7,339
Scarborough Advisors, LLC268,022$7,317
HF Advisory Group, LLC245,583$6,704
ASHFORD CAPITAL MANAGEMENT INC239,038$6,526
GREAT VALLEY ADVISOR GROUP, INC.229,833$6,274
Petix & Botte Co221,668$6,052
COMMONWEALTH EQUITY SERVICES, LLC218,668$5,970
TRUSTMARK BANK TRUST DEPARTMENT216,016$5,897
CAPITAL WEALTH MANAGEMENT, LLC194,153$5,300
Marex Group plc182,742$4,989
CWM, LLC181,740$5
Asset Allocation Strategies LLC178,918$4,884
Insight Wealth Partners, LLC174,199$4,756
Transamerica Financial Advisors, Inc.172,025$4,696
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO168,477$4,599
Kestra Advisory Services, LLC163,959$4,476
World Investment Advisors151,183$4,127
Coastline Trust Co148,284$4,048
ASSETMARK, INC144,553$3,946
ROYAL BANK OF CANADA144,263$3,938
RAYMOND JAMES FINANCIAL INC139,635$3,812
DIVERSIFY WEALTH MANAGEMENT, LLC138,033$3,797
Envestnet Portfolio Solutions, Inc.131,225$3,582
KRAEMATON INVESTMENT ADVISORS, INC130,066$3,551
CONTINUUM WEALTH ADVISORS, LLC126,914$3,465
Ignite Planners, LLC126,642$3,492
Allianz Asset Management GmbH124,200$3,391
US BANCORP \DE\123,440$3,370
MML INVESTORS SERVICES, LLC122,396$3,341
Impact Partnership Wealth, LLC116,426$3,178
Glassy Mountain Advisors, Inc.114,648$3,130
OneDigital Investment Advisors LLC113,966$3,111
Sequoia Financial Advisors, LLC111,488$3,044
Cornerstone Planning Group LLC106,937$2,948
AE Wealth Management LLC100,798$2,752
Manning & Napier Advisors LLC99,055$2,708
Cerity Partners LLC97,027$2,649
Integrated Wealth Concepts LLC95,920$2,619
D L CARLSON INVESTMENT GROUP INC92,513$2,526
Perigon Wealth Management, LLC92,371$2,522
FIRST CITIZENS BANK & TRUST CO91,853$2,508
Addison Capital Co89,813$2,452
IFG Advisory, LLC89,639$2,447
Parcion Private Wealth LLC89,381$2,440
Napier Financial, LLC87,870$2,399
Liberty Atlantic Advisors LLC82,839$2,262
NOVARE CAPITAL MANAGEMENT LLC81,579$2,227
Sherry Group, Inc.79,699$2,179
FORTE ASSET MANAGEMENT LLC78,481$2,143
FOCUS Wealth Advisors, LLC74,993$2,047
Mount Lucas Management LP72,374$1,976
MATHER GROUP, LLC.72,347$1,975
PNC Financial Services Group, Inc.71,819$1,961
Brinker Capital Investments, LLC70,291$1,919
Sovran Advisors, LLC64,342$1,771
&PARTNERS62,432$1,704
Fifth Third Securities, Inc.62,393$1,703
Outlook Wealth Advisors, LLC62,096$1,695
Tower Research Capital LLC (TRC)57,510$1,570
ABSOLUTE CAPITAL MANAGEMENT, LLC57,410$1,567
AXS Investments LLC57,250$1,563
INTEGRITY WEALTH ADVISORS, INC.54,510$1,503
Ausdal Financial Partners, Inc.53,856$1,470
OLD MISSION CAPITAL LLC53,672$1,465
Janney Montgomery Scott LLC52,484$1
Proficio Capital Partners LLC50,665$1,383
Wealth Advisory Solutions, LLC50,448$1,377
JPMORGAN CHASE & CO49,711$1,357
DDFG, Inc49,586$1,354
195 other institutions2,596,998$69,359
Total (295 institutions)47,091,516$1,161,002