iShares Russell 2000

IWM • ARCA

iShares Russell 2000 is an exchange-traded fund on ARCA. As of Q3 2025, 2,374 institutional investors hold shares in this ETF, with total holdings valued at $65.6B. BANK OF AMERICA CORP /DE/ is the largest holder with a position valued at $8.9B.

Overview

Overview of institutional ownership in IWM as of Q3 2025

All Institutions

Institutions: 2,374
Value Held: $65.6B
Shares Held: 271.4M
Avg Position: $27.6M
Median Position: $1.1M

Hedge Funds

Hedge Funds: 85
Value Held: $2.0B
Shares Held: 8.4M
Avg Position: $23.8M
Median Position: $3.9M

Biggest Investors

Institutions with the largest positions in IWM as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$8.9B 0.67% of portfolio	36.9M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$4.4B 0.27% of portfolio	18.2M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$3.6B 0.53% of portfolio	15.1M shares	≤ Q2 2013 Held for 12y 5m+	$691.34B
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$3.2B 0.65% of portfolio	13.2M shares	≤ Q2 2013 Held for 12y 5m+	$488.61B
B BlackRock, Inc. Institution	-	$2.2B 0.04% of portfolio	9.2M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
Empower Advisory Group, LLC RIA/Wealth	Tina Marie Wilson CEO	$2.1B 5.78% of portfolio	8.6M shares	Q1 2023 Held for 2y 8m	$36.1B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$1.9B 0.12% of portfolio	7.7M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
R ROYAL BANK OF CANADA Institution	-	$1.8B 0.34% of portfolio	7.6M shares	≤ Q2 2013 Held for 12y 5m+	$542.04B
L LPL Financial LLC Institution	-	$1.8B 0.52% of portfolio	7.4M shares	≤ Q2 2013 Held for 12y 5m+	$340.07B
R Rafferty Asset Management, LLC Institution	Douglas Michael Yones CEO	$1.6B 5.14% of portfolio	6.6M shares	≤ Q2 2013 Held for 12y 5m+	$30.8B

Net Capital Flow

Institutional buying and selling activity for IWM in Q3 2025

Net Flow: −$5.5B
Buyers: 827
Sellers: 1,054
Total Bought: +$4.0B
Total Sold: −$9.5B
Avg Position: $28.0M

Biggest Buyers

Institution	Net Bought	Current Position
R ROYAL BANK OF CANADA Institution	+$475.2M +2.0M shares	$1.8B 7.6M shares
H HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Institution	+$345.5M +1.4M shares	$1.4B 5.6M shares
CITIGROUP INC Institution	+$328.9M +1.4M shares	$608.4M 2.5M shares
V Varma Mutual Pension Insurance Co Institution	+$318.4M +1.3M shares	$352.8M 1.5M shares
Cetera Investment Advisers RIA/Wealth	+$232.9M +962.5K shares	$404.7M 1.7M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$192.5M +795.6K shares	$211.3M 873.1K shares
LEUCADIA NATIONAL CORP Institution	+$147.0M +607.5K shares	$352.4M 1.5M shares
H HRT FINANCIAL LLC Institution	+$113.9M +470.9K shares	$468.2M 1.9M shares
S SIMPLEX TRADING, LLC Institution	+$102.8M +425.0K shares	$149.4M 617.6K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	+$96.8M +400.0K shares	$476.0M 2.0M shares

Biggest Sellers

Institution	Net Sold	Current Position
GOLDMAN SACHS GROUP INC Institution	−$1.7B −6.8M shares	$3.6B 15.1M shares
Holocene Advisors, LP Hedge Fund•Long/Short	−$1.2B −5.7M shares	Sold Off 0 shares
J JONES FINANCIAL COMPANIES LLLP Institution	−$916.5M −3.8M shares	$245.7M 1.0M shares
MORGAN STANLEY RIA/Wealth	−$655.7M −2.7M shares	$4.4B 18.2M shares
WELLS FARGO & COMPANY/MN Institution	−$594.0M −2.5M shares	$3.2B 13.2M shares
Durable Capital Partners LP Hedge Fund•Long/Short	−$560.3M −2.6M shares	Sold Off 0 shares
C CI Private Wealth, LLC RIA/Wealth	−$315.2M −1.3M shares	$132.7M 548.4K shares
O Optiver Holding B.V. Institution	−$290.6M −1.2M shares	$94.6M 391.0K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$208.1M −859.9K shares	$936.5M 3.9M shares
5 59 North Capital Management, LP Hedge Fund•Long/Short	−$190.9M −789.1K shares	$42.2M 174.2K shares

Entry and Exit Activity

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

New Positions: 63
New Value: $257.8M
Exited Positions: 107
Exited Value: $2.2B

New Positions

Institution	Position Value
I Impactive Capital LP Hedge Fund•Activist	$147.4M 609.2K shares
Proem Advisors LLC Hedge Fund•Long/Short	$24.2M 100.0K shares
Horizon Wealth Management, LLC RIA/Wealth	$10.0M 41.4K shares
Palisades Investment Partners, LLC RIA/Wealth	$9.8M 40.4K shares
W Whitefort Capital Management, LP Hedge Fund•Event Driven	$8.0M 33.0K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$6.4M 26.4K shares
CAPSTONE WEALTH MANAGEMENT GROUP, LLC RIA/Wealth	$6.3M 26.0K shares
P PRIMORIS WEALTH ADVISORS, LLC RIA/Wealth	$5.5M 22.8K shares
A Ackerman Asset Management, LLC RIA/Wealth	$5.1M 21.0K shares
Oversea-Chinese Banking CORP Ltd Real Assets	$2.5M 10.5K shares

Exited Positions

Institution	Previous Position
Holocene Advisors, LP Hedge Fund•Long/Short	$1.2B 5.7M shares
Durable Capital Partners LP Hedge Fund•Long/Short	$560.3M 2.6M shares
S Squarepoint Ops LLC Hedge Fund•Quant	$94.0M 435.6K shares
O Owl Creek Asset Management, L.P. Hedge Fund•Multi-Strategy	$54.1M 250.7K shares
Q Q Global Advisors, LLC Institution	$43.2M 200.0K shares
Calamos Advisors LLC Long Only Manager	$30.1M 139.3K shares
Weiss Asset Management LP Hedge Fund•Multi-Strategy	$21.9M 101.6K shares
REINHART MAHONEY CAPITAL MANAGEMENT INC Long Only Manager	$19.1M 88.4K shares
Lake Hills Wealth Management, LLC RIA/Wealth	$17.2M 79.7K shares
Financial Advocates Investment Management RIA/Wealth	$11.7M 54.3K shares

Options Activity

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

Call Positions: 122
Call Value: $47.6B
Put Positions: 188
Put Value: $122.04B

Call Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$9.4B 390.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$4.5B 185.4K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$4.5B 185.1K contracts
BARCLAYS PLC Institution	$4.3B 176.3K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$3.6B 147.2K contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$3.2B 134.2K contracts
WELLS FARGO & COMPANY/MN Institution	$2.0B 80.9K contracts
BANK OF AMERICA CORP /DE/ Institution	$1.9B 77.8K contracts
UBS Group AG Institution	$1.9B 77.5K contracts
R ROYAL BANK OF CANADA Institution	$1.6B 64.5K contracts

Put Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$12.8B 530.6K contracts
BANK OF AMERICA CORP /DE/ Institution	$12.8B 528.4K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$11.2B 462.3K contracts
BARCLAYS PLC Institution	$11.0B 453.7K contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$8.3B 343.4K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$7.3B 303.4K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$6.9B 284.2K contracts
CITIGROUP INC Institution	$5.8B 239.9K contracts
R ROYAL BANK OF CANADA Institution	$4.1B 171.3K contracts
GOLDMAN SACHS GROUP INC Institution	$4.0B 166.3K contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Alphadyne Asset Management, LLC Hedge Fund•Global Macro	Ian Jason Evans President	26.51% $39.3M	162.3K shares	Q2 2023 Held for 2y 5m	$148.1M
AI Financial Services LLC RIA/Wealth	Karl Fredrick Frank CCO	26.33% $41.2M	169.8K shares	Q4 2024 Held for 11 months	$156.4M
S SURIENCE PRIVATE WEALTH LLC RIA/Wealth	Armand Alexander Doucette President	13.31% $14.1M	58.1K shares	Q4 2021 Held for 3y 11m	$105.6M
MARSHALL & SULLIVAN INC /WA/ RIA/Wealth	Gregory Scott Robinson President	12.57% $27.1M	112.0K shares	Q1 2017 Held for 8y 8m	$215.7M
Brewster Financial Planning LLC RIA/Wealth	Charles Erskine Scott Brewster Managing Partner	12.11% $19.3M	79.6K shares	Q4 2021 Held for 3y 11m	$159.0M
Guardian Wealth Advisors, LLC RIA/Wealth	Michael Jay Hensley Managing Partner	11.00% $19.4M	80.2K shares	Q4 2020 Held for 4y 11m	$176.4M
LBMC INVESTMENT ADVISORS, LLC RIA/Wealth	Gregory Michael Herman President	10.88% $170.4M	704.3K shares	≤ Q2 2013 Held for 12y 5m+	$1.6B
R Rovida Advisors Inc. Institution	-	10.50% $12.2M	50.3K shares	Q3 2024 Held for 1y 2m	$115.9M
G Gainplan LLC RIA/Wealth	Jeffrey Wilson Ivory Managing Partner	10.28% $24.2M	100.1K shares	Q3 2025 Held for 2 months	$235.7M
Finley Financial, LLC RIA/Wealth	Laura Marie Finley Owner	9.91% $21.4M	88.5K shares	Q4 2024 Held for 11 months	$216.1M