iShares Core U.S. Aggregate Bond

AGG • ARCA

iShares Core U.S. Aggregate Bond is an exchange-traded fund on ARCA. As of Q3 2025, 1,884 institutional investors hold shares in this ETF, with total holdings valued at $116.19B. JONES FINANCIAL COMPANIES LLLP is the largest holder with a position valued at $14.4B.

Overview

Overview of institutional ownership in AGG as of Q3 2025

All Institutions

Institutions: 1,884
Value Held: $116.19B
Shares Held: 1.18B
Avg Position: $61.7M
Median Position: $1.9M

Hedge Funds

Hedge Funds: 26
Value Held: $253.1M
Shares Held: 2.5M
Avg Position: $9.7M
Median Position: $3.0M

Biggest Investors

Institutions with the largest positions in AGG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
J JONES FINANCIAL COMPANIES LLLP Institution	-	$14.4B 9.82% of portfolio	143.9M shares	≤ Q2 2013 Held for 12y 5m+	$146.70B
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$7.9B 2.56% of portfolio	79.2M shares	Q4 2024 Held for 11 months	$310.43B
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$6.4B 1.31% of portfolio	63.8M shares	≤ Q2 2013 Held for 12y 5m+	$488.61B
B BlackRock, Inc. Institution	-	$5.4B 0.10% of portfolio	53.9M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$4.6B 0.35% of portfolio	46.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
$US BANCORP \DE\ logo$ US BANCORP \DE\ Institution	Gunjan Kedia CEO	$4.2B 5.03% of portfolio	42.4M shares	≤ Q2 2013 Held for 12y 5m+	$84.3B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$3.5B 1.03% of portfolio	35.1M shares	≤ Q2 2013 Held for 12y 5m+	$341.99B
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	Charles David Welling CEO	$3.3B 5.56% of portfolio	33.2M shares	Q1 2019 Held for 6y 8m	$59.9B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$3.1B 0.19% of portfolio	31.2M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
Betterment LLC RIA/Wealth	Sarah Kirshbaum Levy CEO	$2.5B 5.21% of portfolio	24.6M shares	Q2 2017 Held for 8y 5m	$47.3B

Net Capital Flow

Institutional buying and selling activity for AGG in Q3 2025

Net Flow: −$1.3B
Buyers: 966
Sellers: 678
Total Bought: +$7.4B
Total Sold: −$8.8B
Avg Position: $62.5M

Biggest Buyers

Institution	Net Bought	Current Position
Cetera Investment Advisers RIA/Wealth	+$989.4M +9.9M shares	$1.5B 15.1M shares
WELLS FARGO & COMPANY/MN Institution	+$814.3M +8.1M shares	$6.4B 63.8M shares
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	+$495.5M +4.9M shares	$3.3B 33.2M shares
B BlackRock, Inc. Institution	+$414.4M +4.1M shares	$5.4B 53.9M shares
U UNITED SERVICES AUTOMOBILE ASSOCIATION Institution	+$411.4M +4.1M shares	$915.0M 9.1M shares
Steward Partners Investment Advisory, LLC RIA/Wealth	+$243.7M +2.4M shares	$367.8M 3.7M shares
BANK OF AMERICA CORP /DE/ Institution	+$242.9M +2.4M shares	$4.6B 46.3M shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$191.6M +1.9M shares	$7.9B 79.2M shares
V VANTAGEPOINT INVESTMENT ADVISERS LLC Institution	+$161.5M +1.6M shares	$460.0M 4.6M shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC RIA/Wealth	+$161.0M +1.6M shares	$1.8B 18.1M shares

Biggest Sellers

Institution	Net Sold	Current Position
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$1.9B −19.2M shares	$3.5B 35.1M shares
Envestnet Portfolio Solutions, Inc. Long Only Manager	−$1.2B −11.5M shares	$749.0M 7.5M shares
F FIRST CITIZENS BANK & TRUST CO Institution	−$923.4M −9.2M shares	$71.7M 715.7K shares
J JANE STREET GROUP, LLC Institution	−$441.0M −4.4M shares	Sold Off 0 shares
NISA INVESTMENT ADVISORS L L C Long Only Manager	−$395.6M −4.0M shares	Sold Off 0 shares
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS Private Equity	−$395.6M −4.0M shares	Sold Off 0 shares
CAPTRUST FINANCIAL ADVISORS RIA/Wealth	−$279.7M −2.8M shares	$541.5M 5.4M shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	−$269.1M −2.7M shares	$724.9M 7.2M shares
PRUDENTIAL FINANCIAL INC Institution	−$233.6M −2.3M shares	$299.0M 3.0M shares
A Arizona PSPRS Trust Institution	−$232.1M −2.3M shares	$1.1B 11.1M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited AGG in Q3 2025

New Positions: 53
New Value: $100.7M
Exited Positions: 92
Exited Value: $1.4B

New Positions

Institution	Position Value
FIRST CITIZENS INVESTOR SERVICES, INC. RIA/Wealth	$29.9M 297.8K shares
FIRST COMMONWEALTH FINANCIAL CORP /PA/ Institution	$18.1M 180.4K shares
Investment Research Partners LLC Hedge Fund•Multi-Strategy	$9.2M 91.8K shares
Siligmueller & Norvid Wealth Advisors LLC RIA/Wealth	$6.5M 62.5K shares
Sellwood Investment Partners LLC Fund of Funds	$5.5M 54.8K shares
E Equity Wealth Partners, LLC RIA/Wealth	$4.4M 43.9K shares
H HEARTLAND ADVISORS INC Long Only Manager	$3.8M 38.3K shares
Mach-1 Financial Group, Inc. RIA/Wealth	$2.5M 25.1K shares
Integrity Advisory Solutions, LLC RIA/Wealth	$2.5M 25.1K shares
L Landing Point Financial Group, LLC RIA/Wealth	$2.2M 21.9K shares

Exited Positions

Institution	Previous Position
J JANE STREET GROUP, LLC Institution	$441.0M 4.4M shares
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS Private Equity	$395.6M 4.0M shares
NISA INVESTMENT ADVISORS L L C Long Only Manager	$395.6M 4.0M shares
O OLD MISSION CAPITAL LLC Institution	$45.2M 455.6K shares
SRS Capital Advisors, Inc. RIA/Wealth	$38.4M 382.9K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$23.6M 237.8K shares
WESTERN ASSET MANAGEMENT CO Long Only Manager	$20.6M 208.0K shares
SUNRISE PARTNERS LIMITED PARTNERSHIP /CT Hedge Fund•Multi-Strategy	$9.1M 91.6K shares
Eldridge Investment Advisors, Inc. RIA/Wealth	$6.7M 67.5K shares
Pandora Wealth, Inc. RIA/Wealth	$5.1M 51.3K shares

Options Activity

Institutions with the largest Call and Put options positions in AGG as of Q3 2025

Call Positions: 5
Call Value: $17.8M
Put Positions: 3
Put Value: $2.1M

Call Positions

Institution	Position Value
W WOLVERINE TRADING, LLC Institution	$10.6M 1.1K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$4.1M 411.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.9M 185.0 contracts
J JANE STREET GROUP, LLC Institution	$1.2M 122.0 contracts
Lavaca Capital LLC Hedge Fund•Vol Arbitrage	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.8M 183.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$240.6K 24.0 contracts
GOLDMAN SACHS GROUP INC Institution	- - contracts

Most Committed Institutions

Institutions with AGG as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
J Johns Hopkins University Institution	-	64.53% $1.2B	11.6M shares	Q4 2024 Held for 11 months	$1.8B
U UNITED SERVICES AUTOMOBILE ASSOCIATION Institution	-	63.95% $915.0M	9.1M shares	Q4 2022 Held for 2y 11m	$1.4B
A Arizona PSPRS Trust Institution	-	38.50% $1.1B	11.1M shares	Q3 2024 Held for 1y 2m	$2.9B
DB Fitzpatrick & Co, Inc RIA/Wealth	Brandon Craig Fitzpatrick CEO	36.77% $40.7M	405.8K shares	Q4 2021 Held for 3y 11m	$110.6M
Gridiron Partners, LLC Long Only Manager	Charles Earl Osborne Managing Partner	35.58% $47.6M	475.2K shares	Q4 2023 Held for 1y 11m	$133.9M
M MASON STREET ADVISORS, LLC Insurance Manager	Bonnie Lynn Tomczak Chairman	31.58% $304.7M	3.0M shares	Q1 2017 Held for 8y 8m	$964.8M
M METROPOLITAN LIFE INSURANCE CO/NY Institution	-	26.19% $89.4M	891.7K shares	≤ Q2 2013 Held for 12y 5m+	$341.3M
GoalFusion Wealth Management, LLC RIA/Wealth	Jared W Mcbride Managing Partner	24.05% $50.4M	502.5K shares	Q4 2021 Held for 3y 11m	$209.4M
eCIO, Inc. RIA/Wealth	Robin Chorone Roquitte CEO	23.97% $41.0M	409.3K shares	Q1 2025 Held for 8 months	$171.2M
Disciplina Capital Management LLC Fund of Funds	Scott Allen Hayes President	23.42% $187.3M	1.9M shares	Q4 2018 Held for 6y 11m	$799.8M

Hedge Fund Spotlight

Discover hedge funds investing in AGG

CHESAPEAKE ASSET MANAGEMENT LLC

Hedge Fund • Long/Short

Portfolio ManagerRyan Adam Berman

Portfolio Value: $113.1M
Positions: 293
Last Reported: Q3 2025

Sector Allocation

Position in iShares Core U.S. Aggregate Bond

Market Value: $33.5K
Shares Held: 334.0
Portfolio Weight: 0.03%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$11.8M	10.47%
2 Apple AAPL	Consumer Electronics Technology	$7.4M	6.54%
3 Eli Lilly LLY	Drug Manufacturers - General Healthcare	$6.8M	5.98%