Who Owns iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI)?Hedge Fund & Institutional Holders

$163.77+1.78 (+1.10%)Financial ServicesNYSE_ARCA

Institutional Holders

50

as of Q4 2025

Total Institutional Value

$InfinityT

% of Float Held

—

QoQ Change in Holders

+14 / -5

Price History

$122.04$139.13$156.22$173.31$190.40Sep 24Jun 25Mar 26

IAI — Biggest New Institutional Buyers This Quarter

FundActionShares AddedValue Added
WESPAC Advisors SoCal, LLCNew Position+99K+$17.7B
MinichMacGregor Wealth Management, LLCNew Position+65K+$11.6B
WELLS FARGO & COMPANY/MNIncreased+62K+$11.3B
Prostatis Group LLCNew Position+60K+$10.7B
Jump Financial, LLCNew Position+45K+$8.0B
SFI Advisors, LLCNew Position+39K+$7.1B
FISCHER INVESTMENT STRATEGIES, LLCNew Position+24K+$4.3B
COMMONWEALTH EQUITY SERVICES, LLCNew Position+25K+$4.0B
COTTONWOOD CAPITAL ADVISORS, LLCNew Position+20K+$3.6B
Great Diamond Partners, LLCNew Position+15K+$2.7B
HERITAGE OAK WEALTH ADVISORS LLCNew Position+15K+$2.6B
Baker Avenue Asset Management, LPNew Position+15K+$2.0B
JONES FINANCIAL COMPANIES LLLPNew Position+13K+$2.0B
LEE JOHNSON CAPITAL MANAGEMENT, LLCNew Position+10K+$1.8B
Genesee Capital Advisors, LLCNew Position+9K+$1.6B

IAI — Institutions Reducing or Closing Positions

FundActionShares SoldValue Sold
TWO SIGMA INVESTMENTS, LPDecreased-124K-$22.1B
Advisory Services Network, LLCDecreased-9K-$15.1B
Quadrature Capital LtdClosed Position-57K-$10.1B
SUSQUEHANNA INTERNATIONAL GROUP, LLPClosed Position-39K-$6.9B
RAYMOND JAMES FINANCIAL INCDecreased-30K-$6.9B
UBS Group AGDecreased-30K-$5.1B
Qube Research & Technologies LtdDecreased-9K-$5.1B
CASTLEARK MANAGEMENT LLCClosed Position-20K-$3.5B
Fisher Asset Management, LLCDecreased-22K-$3.3B
GTS SECURITIES LLCClosed Position-16K-$2.9B
GREAT VALLEY ADVISOR GROUP, INC.Decreased-42-$2.1B
SYNOVUS FINANCIAL CORPClosed Position-8K-$1.4B
Allworth Financial LPDecreased-448-$1.2B
Equitable Holdings, Inc.Decreased-2K-$1.1B
ROYAL BANK OF CANADADecreased-5K-$1.1B

Top Institutional Holders(Q4 2025)

#FundSharesValue% of PortfolioType
1Fisher Asset Management, LLC635,487$113.0B38.57%Share
2WELLS FARGO & COMPANY/MN195,336$35.0B6.37%Share
3AMERIPRISE FINANCIAL INC131,458$23.0B5.20%Share
4TWO SIGMA INVESTMENTS, LP124,900$22.0B31.03%Share
5BANK OF AMERICA CORP /DE/118,312$21.0B1.53%Share
6OSAIC HOLDINGS, INC.113,432$20.0B29.22%Share
7WESPAC Advisors SoCal, LLC98,767$17.7B3.57%Share
8ROYAL BANK OF CANADA89,654$16.0B2.60%Share
9UBS Group AG85,652$15.4B2.49%Share
10Chicago Wealth Management, Inc.79,003$14.2B5.69%Share
11WELLS FARGO & COMPANY/MN80,224$14.0B2.55%Share
12MinichMacGregor Wealth Management, LLC64,937$11.6B2.11%Share
13STIFEL FINANCIAL CORP65,246$11.0B9.89%Share
14Prostatis Group LLC59,613$10.7B2.55%Share
15BANK OF AMERICA CORP /DE/58,552$10.0B0.73%Share
16Jump Financial, LLC44,840$8.0B98.28%Share
17SFI Advisors, LLC39,371$7.1B4.53%Share
18STIFEL FINANCIAL CORP39,804$7.0B6.30%Share
19Cadent Capital Advisors, LLC34,907$6.3B1.61%Share
20Steward Partners Investment Advisory, LLC34,173$6.0B32.90%Share
21RAYMOND JAMES FINANCIAL INC36,552$6.0B1.87%Share
22IFP Advisors, Inc34,895$6.0B0.13%Share
23FISCHER INVESTMENT STRATEGIES, LLC23,982$4.3B2.51%Share
24COMMONWEALTH EQUITY SERVICES, LLC25,082$4.0B5.33%Share
25COTTONWOOD CAPITAL ADVISORS, LLC20,098$3.6B2.57%Share
26Tudor Financial Inc.19,012$3.4B1.75%Share
271 NORTH WEALTH SERVICES LLC18,737$3.4B1.18%Share
28Equitable Holdings, Inc.21,114$3.0B20.51%Share
29RAYMOND JAMES FINANCIAL INC20,358$3.0B0.93%Share
30ARS Investment Partners, LLC15,882$2.8B0.17%Share
31Great Diamond Partners, LLC15,093$2.7B0.52%Share
32HERITAGE OAK WEALTH ADVISORS LLC14,613$2.6B0.97%Share
33PCG Wealth Advisors, LLC12,812$2.3B0.65%Share
34Baker Avenue Asset Management, LP15,229$2.0B0.05%Share
35VestGen Advisors, LLC15,058$2.0B0.09%Share
36JONES FINANCIAL COMPANIES LLLP12,517$2.0B1.22%Share
37LEE JOHNSON CAPITAL MANAGEMENT, LLC9,954$1.8B0.61%Share
38Genesee Capital Advisors, LLC8,934$1.6B0.64%Share
39Belpointe Asset Management LLC8,734$1.6B0.06%Share
40Robinson Value Management, Ltd.8,650$1.6B0.84%Share
41OPPENHEIMER & CO INC7,410$1.3B18.87%Share
42INTEGRITY ALLIANCE, LLC.6,189$1.1B0.04%Share
43Outlook Wealth Advisors, LLC6,139$1.1B0.25%Share
44SUSQUEHANNA INTERNATIONAL GROUP, LLP8,300$1.0B0.12%Put
45Baird Financial Group, Inc.7,494$1.0B1.56%Share
46IFG Advisory, LLC7,700$1.0B0.04%Share
47SUSQUEHANNA INTERNATIONAL GROUP, LLP7,300$1.0B0.12%Call
48Atria Investments, Inc5,697$1.0B11.37%Share
49Apeiron RIA LLC5,327$985.0M0.20%Share
50Hudson Value Partners, LLC5,416$971.0M0.29%Share

IAI Institutional Ownership History

QuarterHoldersTotal ValueChange
Q4 2025188$469.0B+78
Q3 2025110$568.4B-53
Q2 2025163$634.1B-11
Q1 2025174$653.2B+21
Q4 2024153$111.0T+43
Q3 2024110$292.9T+11
Q2 202499$244.9T+39
Q1 202460$1095.9T—

Similar Stocks by Institutional Ownership

1306.T

NEXT FUNDS TOPIX Exchange Traded Fund

152100.KS

PLUS 200

102780.KS

Kodex Samsung Group

1591.T

NEXT FUNDS JPX-Nikkei Index 400 Exchange Traded Fund

VOO

Vanguard S&P 500 ETF

OAKI

Oakmark International Large Cap ETF

BCTK

Baron Technology ETF

JPM

JPMorgan Chase & Co.

As of Q4 2025, 50 institutional investors hold IAI (iShares U.S. Broker-Dealers & Securities Exchanges ETF). The largest holder is Fisher Asset Management, LLC with $113.0B in shares. This quarter, 14 institutions opened new positions and 5 closed their positions.

Frequently Asked Questions

How many hedge funds own IAI?

As of Q4 2025, 50 institutional investors report holding IAI (iShares U.S. Broker-Dealers & Securities Exchanges ETF) in their 13F filings.

Who is the largest institutional holder of IAI?

The largest institutional holder of IAI is Fisher Asset Management, LLC with $113.0B in shares.

Is institutional ownership of IAI increasing or decreasing?

This quarter, 14 institutions opened new positions in IAI and 5 closed their positions.