iShares MSCI USA ESG Select

SUSA • ARCA

iShares MSCI USA ESG Select is an exchange-traded fund on ARCA. As of Q3 2025, 490 institutional investors hold shares in this ETF, with total holdings valued at $2.2B. BANK OF AMERICA CORP /DE/ is the largest holder with a position valued at $195.6M.

Overview

Overview of institutional ownership in SUSA as of Q3 2025

All Institutions

Institutions: 490
Value Held: $2.2B
Shares Held: 16.2M
Avg Position: $4.5M
Median Position: $579.3K

Hedge Funds

Hedge Funds: 4
Value Held: $13.4M
Shares Held: 98.6K
Avg Position: $3.3M
Median Position: $339.8K

Biggest Investors

Institutions with the largest positions in SUSA 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	$195.6M 0.01% of portfolio	1.4M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
PNC FINANCIAL SERVICES GROUP, INC. Institution	William S. Demchak CEO	$144.3M 0.09% of portfolio	1.1M shares	≤ Q2 2013 Held for 12y 5m+	$164.83B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$141.2M 0.01% of portfolio	1.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
S SPINNAKER TRUST Institution	-	$79.9M 4.45% of portfolio	589.0K shares	Q2 2020 Held for 5y 5m	$1.8B
R ROYAL BANK OF CANADA Institution	-	$73.3M 0.01% of portfolio	540.7K shares	≤ Q2 2013 Held for 12y 5m+	$542.04B
M&T BANK CORP Institution	René F. Jones CEO	$70.9M 0.24% of portfolio	522.4K shares	Q4 2016 Held for 8y 11m	$29.5B
TrueNorth, Inc. RIA/Wealth	Richard William Holt President	$70.2M 7.08% of portfolio	517.6K shares	Q1 2025 Held for 8 months	$992.3M
B BlackRock, Inc. Institution	-	$67.9M 0.00% of portfolio	500.4K shares	Q2 2017 Held for 8y 5m	$5.67T
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$67.0M 0.02% of portfolio	493.5K shares	≤ Q2 2013 Held for 12y 5m+	$433.11B
UBS Group AG Institution	Sergio P. Ermotti CEO	$61.3M 0.01% of portfolio	452.0K shares	Q4 2014 Held for 10y 11m	$511.54B

Net Capital Flow

Institutional buying and selling activity for SUSA in Q3 2025

Traded: −$79.4M
Buyers: 162
Sellers: 210
Total Bought: +$69.5M
Total Sold: −$149.0M
Avg Position: $4.3M

Biggest Buyers

Institution	Net Bought	Current Position
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	+$12.5M +92.0K shares	$40.5M 298.2K shares
E Elevation Capital Advisory, LLC RIA/Wealth	+$6.8M +50.3K shares	$6.8M 50.3K shares
GOLDMAN SACHS GROUP INC Institution	+$6.4M +47.1K shares	$6.8M 50.3K shares
TrueNorth, Inc. RIA/Wealth	+$5.4M +40.0K shares	$70.2M 517.6K shares
Cetera Investment Advisers RIA/Wealth	+$3.9M +28.7K shares	$12.7M 93.7K shares
PNC FINANCIAL SERVICES GROUP, INC. Institution	+$3.2M +23.8K shares	$144.3M 1.1M shares
Vestmark Advisory Solutions, Inc. Fund of Funds	+$2.6M +19.3K shares	$2.6M 19.3K shares
M&T BANK CORP Institution	+$2.5M +18.7K shares	$70.9M 522.4K shares
Rockefeller Capital Management L.P. Long Only Manager	+$2.4M +17.8K shares	$4.6M 34.2K shares
Destination Wealth Management RIA/Wealth	+$1.7M +12.4K shares	$5.9M 43.6K shares

Biggest Sellers

Institution	Net Sold	Current Position
B BlackRock, Inc. Institution	−$41.5M −305.8K shares	$67.9M 500.4K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$19.8M −145.8K shares	$33.0M 243.0K shares
AMERIPRISE FINANCIAL INC Institution	−$13.1M −96.8K shares	$67.0M 493.5K shares
R ROYAL BANK OF CANADA Institution	−$6.4M −47.3K shares	$73.3M 540.7K shares
$US BANCORP \DE\ logo$ US BANCORP \DE\ Institution	−$6.3M −46.7K shares	$10.7M 78.7K shares
UBS Group AG Institution	−$5.1M −37.6K shares	$61.3M 452.0K shares
BANK OF AMERICA CORP /DE/ Institution	−$3.1M −23.0K shares	$195.6M 1.4M shares
P Permanens Capital L.P. Institution	−$3.1M −24.6K shares	Sold Off 0 shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$2.9M −21.6K shares	$4.6M 33.7K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$2.9M −22.7K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 25
New Value: $10.2M
Exited Positions: 22
Exited Value: $12.1M

New Positions

Institution	Position Value
Vestmark Advisory Solutions, Inc. Fund of Funds	$2.6M 19.3K shares
Hershey Financial Advisers, LLC RIA/Wealth	$1.3M 9.4K shares
Berman McAleer LLC RIA/Wealth	$1.3M 9.2K shares
Mount Yale Investment Advisors, LLC RIA/Wealth	$872.8K 6.4K shares
Savvy Advisors, Inc. RIA/Wealth	$622.7K 4.6K shares
W WoodTrust Financial Corp Institution	$500.4K 3.7K shares
C COREPATH WEALTH PARTNERS LLC RIA/Wealth	$441.1K 3.2K shares
Investment Research Partners LLC Hedge Fund•Multi-Strategy	$418.1K 3.0K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	$261.5K 1.9K shares
Empowered Funds, LLC ETF Provider	$258.3K 1.9K shares

Exited Positions

Institution	Previous Position
P Permanens Capital L.P. Institution	$3.1M 24.6K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.9M 22.7K shares
J JANE STREET GROUP, LLC Institution	$2.1M 16.4K shares
B BESSEMER GROUP INC Institution	$688.3K 5.4K shares
B Bell State Bank & Trust Institution	$597.6K 4.7K shares
T Tower Research Capital LLC Institution	$422.5K 3.3K shares
W Wealth Alliance Institution	$414.5K 3.3K shares
NATURAL INVESTMENTS, LLC RIA/Wealth	$388.0K 3.1K shares
SIGNATURE SECURITIES GROUP CORPORATION RIA/Wealth	$314.9K 2.5K shares
INTL FCSTONE INC. Institution	$295.5K 2.3K shares

Options Activity

Institutions with the largest Call and Put options positions in SUSA 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 SUSA as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Shira Ridge Wealth Management RIA/Wealth	Laurean Sue Nardone Managing Partner	16.39% $38.6M	284.8K shares	Q4 2022 Held for 2y 11m	$235.7M
Farrow Financial Inc. RIA/Wealth	Jody Lee White CFO	7.74% $13.3M	98.3K shares	Q4 2023 Held for 1y 11m	$172.3M
TrueNorth, Inc. RIA/Wealth	Richard William Holt President	7.08% $70.2M	517.6K shares	Q1 2025 Held for 8 months	$992.3M
eCIO, Inc. RIA/Wealth	Robin Chorone Roquitte CEO	5.25% $9.0M	66.2K shares	Q1 2025 Held for 8 months	$171.2M
S SPINNAKER TRUST Institution	-	4.45% $79.9M	589.0K shares	Q2 2020 Held for 5y 5m	$1.8B
CB&T Wealth Management Family Office	John Andrew Marcelia CEO	3.51% $8.5M	63.0K shares	Q4 2021 Held for 3y 11m	$243.4M
HILLTOP WEALTH ADVISORS, LLC RIA/Wealth	Benjamin Richard Yeager Managing Partner	3.03% $5.8M	42.9K shares	Q4 2020 Held for 4y 11m	$191.9M
Stewardship Advisors, LLC RIA/Wealth	Wilbur Lee Shertzer Managing Partner	2.84% $11.9M	87.5K shares	Q4 2020 Held for 4y 11m	$418.2M
E Elevation Capital Advisory, LLC RIA/Wealth	Ryan Robert Sanford President	2.73% $6.8M	50.3K shares	Q3 2025 Held for 2 months	$250.4M
V VERITY Wealth Advisors RIA/Wealth	Robert Evan Oliver CCO	2.02% $3.2M	23.6K shares	Q4 2018 Held for 6y 11m	$158.3M

Hedge Fund Spotlight

Discover hedge funds investing in SUSA

Quent Capital, LLC

Hedge Fund • Long/Short

Portfolio ManagerWilliam Albert Jollie

Portfolio Value: $1.2B
Positions: 1,433
Last Reported: Q3 2025

Sector Allocation

Position in iShares MSCI USA ESG Select

Market Value: $12.6M
Shares Held: 93.2K
Portfolio Weight: 1.06%
Owned Since: 2021-Q4

Top Holding	Sector	Market Value	Weight
1 Vanguard Russell 1000 Growth VONG	ETF ETF	$129.0M	10.81%
2 SPDR Nuveen Bloomberg Short Term Municipal Bond SHM	ETF ETF	$79.3M	6.64%
3 iShares MSCI EAFE Growth EFG	ETF ETF	$59.0M	4.94%