THRO
iShares U.S. Thematic Rotation Active ETF · Financial Services · Asset Management
Momentum inputs (comparable managers):
holder breadth +5.4% ·
share flow -3.1% ·
net new positions +5.1%
— formula
Ownership fragmentation — more holders, smaller aggregate stake
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q4 2025
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Envestnet Asset Management Inc | 49.83M | — | $1.92B | 0.6% | n/c | 1 | SEC ↗ |
| 2 | LPL Financial LLC | 20.37M | — | $785.66M | 0.2% | n/c | 1 | SEC ↗ |
| 3 | BlackRock ✦ (passive) | 12.91M | +58.5% | $497.72M | 0.0% | ▲ Add | 3 | SEC ↗ ×4 |
| 4 | JPMorgan Chase ✦ | 10.65M | -48.3% | $410.57M | 0.0% | ▼ Trim | 2 | SEC ↗ ×4 |
| 5 | Morgan Stanley ✦ | 5.72M | +24.3% | $220.65M | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 6 | Mml Investors Services, Llc | 4.60M | — | $177.46M | 0.4% | n/c | 1 | SEC ↗ |
| 7 | Cetera Investment Advisers | 3.91M | — | $150.72M | 0.2% | n/c | 1 | SEC ↗ |
| 8 | Cwm, Llc | 3.26M | — | $125.77M | 0.3% | n/c | 1 | SEC ↗ |
| 9 | Bank Of America Corp /De/ | 3.20M | — | $123.25M | 0.0% | n/c | 1 | SEC ↗ ×3 |
| 10 | Northwestern Mutual Wealth… | 2.63M | — | $101.46M | 0.1% | n/c | 1 | SEC ↗ |
| 11 | Ameriprise Financial Inc | 2.35M | — | $90.50M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 12 | Bank of New York Mellon Corp | 2.33M | — | $89.97M | 0.0% | n/c | 1 | SEC ↗ ×4 |
| 13 | Commonwealth Equity Services, Llc | 1.43M | — | $55.07M | 0.1% | n/c | 1 | SEC ↗ |
| 14 | Stifel Financial Corp | 963.09K | — | $37.14M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 15 | Osaic Holdings, Inc. | 801.89K | — | $30.93M | 0.0% | n/c | 1 | SEC ↗ ×3 |
| 16 | Royal Bank Of Canada | 622.26K | — | $23.99M | 0.0% | n/c | 1 | SEC ↗ ×4 |
| 17 | Truist Financial Corp | 611.91K | — | $23.60M | 0.0% | n/c | 1 | SEC ↗ |
| 18 | Mariner, LLC | 507.98K | — | $19.59M | 0.0% | n/c | 1 | SEC ↗ ×4 |
| 19 | Us Bancorp \De\ | 479.00K | — | $18.47M | 0.0% | n/c | 1 | SEC ↗ ×4 |
| 20 | Raymond James Financial Inc | 254.26K | — | $9.80M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 21 | Assetmark, Inc | 175.82K | — | $6.78M | 0.0% | n/c | 1 | SEC ↗ |
| 22 | Wells Fargo & Company/Mn | 157.68K | — | $6.08M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 23 | UBS Group AG | 91.35K | — | $3.52M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 24 | Mercer Global Advisors Inc /Adv | 70.64K | — | $2.72M | 0.0% | n/c | 1 | SEC ↗ |
| 25 | Baird Financial Group, Inc. | 58.94K | — | $2.27M | 0.0% | n/c | 1 | SEC ↗ |
| 26 | HighTower Advisors, LLC | 55.05K | — | $2.12M | 0.0% | n/c | 1 | SEC ↗ |
| 27 | Rockefeller Capital Management L.P. | 39.30K | — | $1.52M | 0.0% | n/c | 1 | SEC ↗ |
| 28 | Renaissance Technologies ✦ | 32.70K | +95.8% | $1.26M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 29 | Susquehanna International Group, Llp | 23.29K | — | $897,985 | 0.0% | n/c | 1 | SEC ↗ |
| 30 | Wealth Enhancement Advisory… | 22.66K | — | $887,673 | 0.0% | n/c | 1 | SEC ↗ |
| 31 | Focus Partners Wealth | 7.62K | — | $293,905 | 0.0% | n/c | 1 | SEC ↗ |
| 32 | AQR Capital Management ✦ | 7.45K | New | $287,331 | 0.0% | New | 1 | SEC ↗ |
| 33 | Goldman Sachs Group ✦ | 5.83K | -1.0% | $224,882 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 34 | Qube Research & Technologies Ltd | 969 | — | $37,365 | 0.0% | n/c | 1 | SEC ↗ |
| 35 | Fifth Third Bancorp | 200 | — | $7,712 | 0.0% | n/c | 1 | SEC ↗ |
| 36 | Fidelity (FMR) ✦ | 124 | New | $4,788 | 0.0% | New | 1 | SEC ↗ |
| 37 | Pnc Financial Services Group, Inc. | 114 | — | $4,396 | 0.0% | n/c | 1 | SEC ↗ |
| 38 | Bank Of Montreal /Can/ | 99 | — | $3,817 | 0.0% | n/c | 1 | SEC ↗ |
| 39 | Russell Investments Group, Ltd. | 1 | — | $39 | 0.0% | n/c | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| AQR Capital Management | $287,331 | 0.0% |
| Fidelity (FMR) | $4,788 | 0.0% |
Exited
| No tracked exits this quarter. |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 466 holders, 200.98M shares, $6.86B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.