iShares iBonds 2027 Term High Yield and Income

IBHG • BATS

iShares iBonds 2027 Term High Yield and Income is an exchange-traded fund on BATS. As of Q3 2025, 93 institutional investors hold shares in this ETF, with total holdings valued at $214.0M. LBMC INVESTMENT ADVISORS, LLC is the largest holder with a position valued at $32.8M.

Overview

Overview of institutional ownership in IBHG as of Q3 2025

All Institutions

Institutions: 93
Value Held: $214.0M
Shares Held: 9.5M
Avg Position: $2.3M
Median Position: $525.7K

Hedge Funds

Hedge Funds: 2
Value Held: $445.9K
Shares Held: 19.8K
Avg Position: $222.9K
Median Position: $222.9K

Biggest Investors

Institutions with the largest positions in IBHG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
LBMC INVESTMENT ADVISORS, LLC RIA/Wealth	Gregory Michael Herman President	$32.8M 2.10% of portfolio	1.5M shares	Q1 2024 Held for 1y 8m	$1.6B
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	-	$18.5M 0.01% of portfolio	820.6K shares	Q3 2022 Held for 3y 2m	$149.83B
A Advisor Group Holdings, Inc. Institution	-	$16.7M 0.02% of portfolio	741.3K shares	Q1 2023 Held for 2y 8m	$71.0B
L LPL Financial LLC Institution	-	$15.5M 0.00% of portfolio	687.7K shares	Q3 2023 Held for 2y 2m	$340.07B
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$12.9M 0.00% of portfolio	575.6K shares	Q4 2021 Held for 3y 11m	$488.50B
Keeler THomas Management LLC RIA/Wealth	Cary Wasden Managing Partner	$9.8M 4.26% of portfolio	435.4K shares	Q1 2025 Held for 8 months	$229.9M
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	Wayne Michael Bloom CEO	$8.3M 0.01% of portfolio	369.4K shares	Q3 2023 Held for 2y 2m	$71.1B
HighTower Advisors, LLC RIA/Wealth	Robert David Oros CEO	$8.3M 0.01% of portfolio	368.8K shares	Q2 2024 Held for 1y 5m	$87.7B
Commonwealth Financial Services, LLC RIA/Wealth	Shanell Jeffrey CEO	$7.8M 1.36% of portfolio	347.7K shares	Q3 2023 Held for 2y 2m	$575.4M
Mutual Advisors, LLC RIA/Wealth	Aaron T Jasper CEO	$7.5M 0.17% of portfolio	335.3K shares	Q1 2024 Held for 1y 8m	$4.5B

Net Capital Flow

Institutional buying and selling activity for IBHG in Q3 2025

Traded: +$27.7M
Buyers: 66
Sellers: 26
Total Bought: +$37.4M
Total Sold: −$9.7M
Avg Position: $2.1M

Biggest Buyers

Institution	Net Bought	Current Position
LBMC INVESTMENT ADVISORS, LLC RIA/Wealth	+$6.6M +293.1K shares	$32.8M 1.5M shares
L LPL Financial LLC Institution	+$6.3M +281.7K shares	$15.5M 687.7K shares
Hurley Capital, LLC RIA/Wealth	+$3.3M +146.6K shares	$3.9M 174.6K shares
Cetera Investment Advisers RIA/Wealth	+$2.7M +121.9K shares	$4.3M 191.9K shares
E EIGHT 31 FINANCIAL LLC RIA/Wealth	+$2.3M +100.9K shares	$2.3M 100.9K shares
WELLS FARGO & COMPANY/MN Institution	+$1.9M +84.2K shares	$12.9M 575.6K shares
Ironwood Wealth Management, llc RIA/Wealth	+$1.7M +76.5K shares	$2.9M 130.7K shares
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	+$937.5K +41.7K shares	$18.5M 820.6K shares
Mutual Advisors, LLC RIA/Wealth	+$805.1K +35.8K shares	$7.5M 335.3K shares
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	+$742.7K +33.0K shares	$982.5K 43.7K shares

Biggest Sellers

Institution	Net Sold	Current Position
Summit Investment Advisory Services, LLC RIA/Wealth	−$2.1M −93.2K shares	Sold Off 0 shares
A Advisor Group Holdings, Inc. Institution	−$1.3M −58.6K shares	$16.7M 741.3K shares
C CLS Investments, LLC Institution	−$1.2M −54.6K shares	Sold Off 0 shares
GAMMA Investing LLC Long Only Manager	−$1.2M −51.2K shares	$160.1K 7.1K shares
Sigma Planning Corp RIA/Wealth	−$789.1K −35.0K shares	Sold Off 0 shares
J JANE STREET GROUP, LLC Institution	−$491.7K −21.8K shares	Sold Off 0 shares
MORGAN STANLEY RIA/Wealth	−$405.9K −18.1K shares	$5.0M 221.3K shares
Marble Harbor Investment Counsel, LLC RIA/Wealth	−$399.6K −17.7K shares	Sold Off 0 shares
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	−$328.5K −14.6K shares	$8.3M 369.4K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$293.4K −13.0K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 16
New Value: $5.7M
Exited Positions: 10
Exited Value: $5.6M

New Positions

Institution	Position Value
E EIGHT 31 FINANCIAL LLC RIA/Wealth	$2.3M 100.9K shares
Federation des caisses Desjardins du Quebec Fund of Funds	$670.2K 29.8K shares
F Freestone Capital Holdings, LLC RIA/Wealth	$452.5K 20.1K shares
C Carr Financial Group Corp Institution	$353.5K 15.7K shares
H Helen Stephens Group, LLC Institution	$344.5K 15.3K shares
Guidance Point Advisors, LLC RIA/Wealth	$252.3K 11.2K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$232.7K 10.3K shares
Ashton Thomas Private Wealth, LLC RIA/Wealth	$232.7K 10.3K shares
C Cyr Financial Inc. RIA/Wealth	$232.4K 10.3K shares
Belpointe Asset Management LLC RIA/Wealth	$229.9K 10.2K shares

Exited Positions

Institution	Previous Position
Summit Investment Advisory Services, LLC RIA/Wealth	$2.1M 93.2K shares
C CLS Investments, LLC Institution	$1.2M 54.6K shares
Sigma Planning Corp RIA/Wealth	$789.1K 35.0K shares
J JANE STREET GROUP, LLC Institution	$491.7K 21.8K shares
Marble Harbor Investment Counsel, LLC RIA/Wealth	$399.6K 17.7K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	$293.4K 13.0K shares
Beacon Pointe Advisors, LLC RIA/Wealth	$215.0K 9.5K shares
BANK OF MONTREAL /CAN/ Institution	$40.4K 1.8K shares
Mid-American Wealth Advisory Group, Inc. RIA/Wealth	$25.2K 1.1K shares
T Tower Research Capital LLC Institution	$789.0 35.0 shares

Options Activity

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

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Keeler THomas Management LLC RIA/Wealth	Cary Wasden Managing Partner	4.26% $9.8M	435.4K shares	Q1 2025 Held for 8 months	$229.9M
Hurley Capital, LLC RIA/Wealth	Charles Howard Goldblum Managing Partner	2.35% $3.9M	174.6K shares	Q4 2024 Held for 11 months	$167.4M
LBMC INVESTMENT ADVISORS, LLC RIA/Wealth	Gregory Michael Herman President	2.10% $32.8M	1.5M shares	Q1 2024 Held for 1y 8m	$1.6B
Commonwealth Financial Services, LLC RIA/Wealth	Shanell Jeffrey CEO	1.36% $7.8M	347.7K shares	Q3 2023 Held for 2y 2m	$575.4M
E EIGHT 31 FINANCIAL LLC RIA/Wealth	Dane Edward Crunk Managing Partner	1.28% $2.3M	100.9K shares	Q3 2025 Held for 2 months	$177.4M
Straight Path Wealth Management RIA/Wealth	Matthew Brian Boersen President	0.68% $2.4M	107.6K shares	Q1 2023 Held for 2y 8m	$355.9M
Sightline Wealth Advisors, LLC RIA/Wealth	Stefan Alexander Pellish Managing Partner	0.63% $1.4M	61.8K shares	Q4 2023 Held for 1y 11m	$221.5M
Ironwood Wealth Management, llc RIA/Wealth	Alexander Devereaux Parrs Managing Partner	0.52% $2.9M	130.7K shares	Q4 2022 Held for 2y 11m	$564.4M
BridgePort Financial Solutions, LLC RIA/Wealth	Eddie Thomas Rollins Managing Partner	0.34% $1.3M	56.7K shares	Q4 2024 Held for 11 months	$370.7M
WRAPMANAGER INC RIA/Wealth	Gabriel Fritz Burczyk CEO	0.31% $1.0M	44.7K shares	Q4 2022 Held for 2y 11m	$324.9M

Hedge Fund Spotlight

Discover hedge funds investing in IBHG

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 iBonds 2027 Term High Yield and Income

Market Value: $213.1K
Shares Held: 9.5K
Portfolio Weight: 0.00%
Owned Since: 2025-Q3

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%