iShares U.S. Regional Banks

IAT • ARCA

iShares U.S. Regional Banks is an exchange-traded fund on ARCA. As of Q3 2025, 158 institutional investors hold shares in this ETF, with total holdings valued at $261.3M. WELLS FARGO & COMPANY/MN is the largest holder with a position valued at $24.4M.

Overview

Overview of institutional ownership in IAT as of Q3 2025

All Institutions

Institutions: 158
Value Held: $261.3M
Shares Held: 5.0M
Avg Position: $1.7M
Median Position: $296.0K

Hedge Funds

Hedge Funds: 8
Value Held: $17.9M
Shares Held: 341.2K
Avg Position: $2.2M
Median Position: $717.0K

Biggest Investors

Institutions with the largest positions in IAT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$24.4M 0.01% of portfolio	465.0K shares	≤ Q2 2013 Held for 12y 5m+	$488.50B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$22.0M 0.00% of portfolio	418.0K shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$19.7M 0.00% of portfolio	375.8K shares	Q1 2020 Held for 5y 8m	$1.56T
R ROYAL BANK OF CANADA Institution	-	$18.0M 0.00% of portfolio	342.7K shares	≤ Q2 2013 Held for 12y 5m+	$542.04B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$15.5M 0.00% of portfolio	295.0K shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
L LPL Financial LLC Institution	-	$12.7M 0.00% of portfolio	241.3K shares	≤ Q2 2013 Held for 12y 5m+	$340.07B
A Advisor Group Holdings, Inc. Institution	-	$11.0M 0.02% of portfolio	203.4K shares	Q1 2020 Held for 5y 8m	$71.0B
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	Scott David Hoffman CEO	$10.1M 0.02% of portfolio	193.0K shares	Q1 2025 Held for 8 months	$62.0B
$US BANCORP \DE\ logo$ US BANCORP \DE\ Institution	Gunjan Kedia CEO	$8.1M 0.01% of portfolio	153.5K shares	≤ Q2 2013 Held for 12y 5m+	$84.3B
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$7.9M 0.00% of portfolio	150.1K shares	Q2 2014 Held for 11y 5m	$691.34B

Net Capital Flow

Institutional buying and selling activity for IAT in Q3 2025

Traded: −$1.2B
Buyers: 67
Sellers: 62
Total Bought: +$28.0M
Total Sold: −$1.2B
Avg Position: $1.5M

Biggest Buyers

Institution	Net Bought	Current Position
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$6.2M +117.1K shares	$10.1M 193.0K shares
R ROYAL BANK OF CANADA Institution	+$5.2M +98.3K shares	$18.0M 342.7K shares
Jain Global LLC Hedge Fund•Multi-Strategy	+$3.5M +67.5K shares	$3.5M 67.5K shares
L LPL Financial LLC Institution	+$1.7M +33.1K shares	$12.7M 241.3K shares
A Advisory Services Network, LLC RIA/Wealth	+$1.6M +29.6K shares	$4.5M 86.4K shares
BANK OF AMERICA CORP /DE/ Institution	+$1.4M +27.5K shares	$22.0M 418.0K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$982.3K +18.7K shares	$982.3K 18.7K shares
JPMORGAN CHASE & CO Institution	+$797.7K +15.2K shares	$19.7M 375.8K shares
G Gallagher Capital Advisors, LLC RIA/Wealth	+$463.0K +9.5K shares	$463.0K 9.5K shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	+$462.3K +8.8K shares	$1.8M 34.4K shares

Biggest Sellers

Institution	Net Sold	Current Position
Kingstone Capital Partners Texas, LLC RIA/Wealth	−$1.2B −24.2M shares	Sold Off 0 shares
MORGAN STANLEY RIA/Wealth	−$9.2M −176.1K shares	$15.5M 295.0K shares
BB&T CORP Institution	−$4.1M −77.7K shares	$3.4M 64.4K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$3.8M −72.7K shares	$1.1M 21.0K shares
$US BANCORP \DE\ logo$ US BANCORP \DE\ Institution	−$3.1M −59.1K shares	$8.1M 153.5K shares
AMERIPRISE FINANCIAL INC Institution	−$3.1M −58.5K shares	$6.1M 115.8K shares
Spence Asset Management RIA/Wealth	−$2.0M −39.5K shares	Sold Off 0 shares
Marshall Wace LLP Institution	−$1.8M −35.7K shares	Sold Off 0 shares
C Cubist Systematic Strategies, LLC Institution	−$1.2M −25.1K shares	Sold Off 0 shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	−$1.1M −21.4K shares	$4.6M 87.1K shares

Entry and Exit Activity

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

New Positions: 8
New Value: $5.6M
Exited Positions: 17
Exited Value: $1.2B

New Positions

Institution	Position Value
Jain Global LLC Hedge Fund•Multi-Strategy	$3.5M 67.5K shares
Cutler Capital Management, LLC Hedge Fund•Convert Bond Arb	$451.8K 8.6K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$446.5K 8.5K shares
Investment Research Partners LLC Hedge Fund•Multi-Strategy	$336.1K 6.8K shares
W WETHERBY ASSET MANAGEMENT INC RIA/Wealth	$315.2K 6.0K shares
PFG Advisors RIA/Wealth	$266.4K 5.1K shares
G Gen-Wealth Partners Inc Institution	$191.4K 3.6K shares
Sontag Advisory, LLC RIA/Wealth	$7.9K 150.0 shares

Exited Positions

Institution	Previous Position
Kingstone Capital Partners Texas, LLC RIA/Wealth	$1.2B 24.2M shares
Spence Asset Management RIA/Wealth	$2.0M 39.5K shares
Marshall Wace LLP Institution	$1.8M 35.7K shares
C Cubist Systematic Strategies, LLC Institution	$1.2M 25.1K shares
F FLOW TRADERS U.S. LLC Institution	$575.7K 11.6K shares
Lighthouse Investment Partners, LLC Fund of Funds	$555.5K 11.2K shares
Sunbelt Securities, Inc. RIA/Wealth	$410.1K 8.1K shares
ORRSTOWN FINANCIAL SERVICES INC Institution	$277.2K 5.6K shares
HPM Partners LLC RIA/Wealth	$216.7K 4.4K shares
CREATIVE FINANCIAL DESIGNS INC /ADV RIA/Wealth	$177.5K 3.6K shares

Options Activity

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

Call Positions: 2
Call Value: $2.2M
Put Positions: 3
Put Value: $1.9M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.1M 217.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.1M 210.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$761.7K 145.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$604.1K 115.0 contracts
J JANE STREET GROUP, LLC Institution	$556.8K 106.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
F Fearless Solutions, LLC dba Best Invest RIA/Wealth	John Edward Fosdick President	0.70% $1.1M	20.8K shares	Q4 2024 Held for 11 months	$155.6M
M MARTIN & CO INC /TN/ RIA/Wealth	Michael Wright Holt CEO	0.56% $3.2M	60.2K shares	≤ Q2 2013 Held for 12y 5m+	$561.9M
Dentgroup LLC RIA/Wealth	Fred Columbus Dent Managing Partner	0.45% $699.9K	13.3K shares	Q2 2023 Held for 2y 5m	$154.7M
C Cadent Capital Advisors, LLC RIA/Wealth	Philip Andrew Mooberry Managing Partner	0.31% $1.2M	22.2K shares	Q3 2024 Held for 1y 2m	$377.4M
Heritage Wealth Management, Inc. RIA/Wealth	Brett Stephen Carleton President	0.28% $937.7K	17.9K shares	Q2 2024 Held for 1y 5m	$340.6M
G Gallagher Capital Advisors, LLC RIA/Wealth	John Robert Gallagher Managing Partner	0.27% $463.0K	9.5K shares	Q4 2024 Held for 11 months	$173.7M
Cutler Capital Management, LLC Hedge Fund•Convert Bond Arb	Geoffrey Kristopher Allan Dancey President	0.22% $451.8K	8.6K shares	Q3 2025 Held for 2 months	$205.9M
AUGUSTINE ASSET MANAGEMENT INC RIA/Wealth	Milena Spasova President	0.21% $1.1M	20.0K shares	Q1 2023 Held for 2y 8m	$497.0M
Viewpoint Capital Management LLC RIA/Wealth	Ryan P Sawyer CCO	0.17% $382.9K	7.3K shares	Q4 2021 Held for 3y 11m	$226.6M
B Ballew Advisors, Inc RIA/Wealth	Clyde Brooks Mosley CEO	0.16% $291.6K	5.7K shares	Q1 2025 Held for 8 months	$179.2M

Hedge Fund Spotlight

Discover hedge funds investing in IAT

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in iShares U.S. Regional Banks

Market Value: $2.0M
Shares Held: 37.6K
Portfolio Weight: 0.00%
Owned Since: 2015-Q1

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$2.1B	1.68%
2 Nvidia NVDA	Semiconductors Technology	$1.8B	1.50%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.4B	1.18%