| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| FMR LLC | 7.3% | +44% | $3,491,183,893 | +$577,860,857 | 17,577,202 | +20% | FMR LLC | 31 Dec 2025 |
As of 31 Dec 2025, 1,575 institutional investors reported holding 204,543,251 shares of iShares MSCI USA Quality Factor ETF - COMMON STOCK (QUAL). This represents 85% of the company’s total 240,783,591 outstanding shares.
The largest institutional shareholders of iShares MSCI USA Quality Factor ETF - COMMON STOCK (QUAL) together control 52% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| FMR LLC | 7.3% | 17,577,202 | +12% | 0.18% | $3,491,183,892 |
| ENVESTNET ASSET MANAGEMENT INC | 7% | 16,736,082 | -36% | 0.99% | $3,324,118,742 |
| LPL Financial LLC | 6.7% | 16,176,100 | -13% | 0.88% | $3,212,896,710 |
| MORGAN STANLEY | 3.7% | 8,969,360 | -6.4% | 0.11% | $1,781,494,526 |
| PNC Financial Services Group, Inc. | 2.7% | 6,445,591 | -4.6% | 0.7% | $1,280,223,216 |
| BANK OF AMERICA CORP /DE/ | 2.7% | 6,383,670 | -11% | 0.09% | $1,267,924,557 |
| JPMORGAN CHASE & CO | 1.8% | 4,451,066 | -30% | 0.06% | $884,071,162 |
| WELLS FARGO & COMPANY/MN | 1.7% | 4,118,693 | -4.3% | 0.16% | $818,054,665 |
| AMERIPRISE FINANCIAL INC | 1.6% | 3,955,637 | -13% | 0.18% | $785,449,856 |
| UBS Group AG | 1.5% | 3,718,062 | -4.9% | 0.15% | $738,481,474 |
| Cerity Partners LLC | 1.5% | 3,527,690 | -4.9% | 1% | $700,929,871 |
| M&T Bank Corp | 1.3% | 3,114,818 | -2.1% | 2% | $618,664,874 |
| BlackRock, Inc. | 1.3% | 3,105,459 | -28% | 0.01% | $616,806,465 |
| Orgel Wealth Management, LLC | 1.3% | 3,050,553 | +1.5% | 13% | $605,900,885 |
| Facet Wealth, Inc. | 1.2% | 2,888,100 | +9.9% | 10% | $589,952,104 |
| Blue Trust, Inc. | 1.1% | 2,701,754 | -1.3% | 6.1% | $536,622,400 |
| KEYBANK NATIONAL ASSOCIATION/OH | 1.1% | 2,660,811 | -7.3% | 1.9% | $528,490,366 |
| Focus Partners Wealth | 0.99% | 2,386,956 | +11% | 0.54% | $474,097,315 |
| CWM, LLC | 0.93% | 2,245,928 | -31% | 1.2% | $446,086,000 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 0.83% | 1,988,066 | -12% | 0.25% | $394,869,424 |
| RAYMOND JAMES FINANCIAL INC | 0.82% | 1,969,479 | -3.5% | 0.12% | $391,177,976 |
| MML INVESTORS SERVICES, LLC | 0.77% | 1,850,669 | -26% | 0.9% | $367,579,955 |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 0.73% | 1,764,425 | +79% | 6.3% | $350,450,179 |
| ROYAL BANK OF CANADA | 0.72% | 1,727,463 | -5.9% | 0.06% | $343,109,000 |
| Haverford Trust Co | 0.71% | 1,720,275 | +2.5% | 3% | $341,681,082 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 204,543,251 | $40,590,637,136 | -$6,052,564,437 | $198.62 | 1,575 |
| 2025 Q3 | 235,034,680 | $45,679,558,757 | -$3,096,102,312 | $194.50 | 1,502 |
| 2025 Q2 | 251,862,085 | $46,047,651,115 | +$1,051,965,907 | $182.82 | 1,492 |
| 2025 Q1 | 249,714,063 | $42,675,217,805 | +$857,163,200 | $170.89 | 1,457 |
| 2024 Q4 | 244,454,323 | $43,558,684,310 | +$832,138,290 | $178.08 | 1,478 |
| 2024 Q3 | 238,386,264 | $42,662,421,978 | +$1,082,638,649 | $179.30 | 1,360 |
| 2024 Q2 | 233,584,685 | $39,820,935,851 | +$1,847,382,701 | $170.76 | 1,282 |
| 2024 Q1 | 222,145,779 | $36,483,789,735 | +$1,315,571,531 | $164.35 | 1,233 |
| 2023 Q4 | 215,114,164 | $31,630,790,719 | +$1,373,228,894 | $147.14 | 1,157 |
| 2023 Q3 | 204,927,076 | $27,017,615,923 | -$926,191,856 | $131.79 | 1,042 |
| 2023 Q2 | 210,238,256 | $28,328,332,080 | +$3,289,683,325 | $134.87 | 997 |
| 2023 Q1 | 185,530,453 | $22,988,433,434 | +$8,367,122,261 | $124.06 | 909 |
| 2022 Q4 | 119,269,111 | $13,584,423,493 | -$71,237,962 | $113.96 | 815 |
| 2022 Q3 | 119,748,136 | $12,469,292,178 | -$978,955,249 | $103.94 | 798 |
| 2022 Q2 | 127,483,044 | $14,250,428,420 | -$362,543,043 | $111.73 | 827 |
| 2022 Q1 | 131,403,855 | $17,697,636,367 | -$254,840,484 | $134.63 | 851 |
| 2021 Q4 | 133,288,064 | $19,375,876,447 | +$449,187,845 | $145.56 | 857 |
| 2021 Q3 | 127,345,883 | $16,789,918,272 | +$823,758,418 | $131.73 | 758 |
| 2021 Q2 | 122,651,750 | $16,298,840,630 | +$246,530,191 | $132.87 | 711 |
| 2021 Q1 | 121,213,715 | $14,777,474,638 | -$2,676,918,522 | $121.78 | 681 |
| 2020 Q4 | 143,526,659 | $16,697,782,862 | -$148,936,533 | $116.21 | 702 |
| 2020 Q3 | 141,365,111 | $14,659,876,806 | -$283,762,332 | $103.74 | 562 |
| 2020 Q2 | 144,768,550 | $13,877,183,337 | +$120,470,693 | $95.92 | 566 |
| 2020 Q1 | 143,887,827 | $11,672,059,872 | +$1,980,816,210 | $81.04 | 538 |
| 2019 Q4 | 119,802,813 | $12,090,317,446 | +$2,730,442,229 | $101.00 | 535 |
| 2019 Q3 | 90,390,954 | $8,352,344,867 | +$994,454,471 | $92.40 | 387 |
| 2019 Q2 | 79,613,856 | $7,285,339,842 | -$17,677,679 | $91.47 | 352 |
| 2019 Q1 | 79,585,665 | $7,047,269,204 | +$2,166,197,726 | $88.55 | 334 |
| 2018 Q4 | 55,424,274 | $4,255,815,973 | +$736,092,361 | $76.76 | 311 |
| 2018 Q3 | 44,409,610 | $4,011,080,302 | +$470,345,809 | $90.37 | 249 |
| 2018 Q2 | 39,027,021 | $3,259,540,718 | +$605,716,042 | $83.45 | 224 |
| 2018 Q1 | 31,984,194 | $2,644,953,888 | -$46,491,009 | $82.71 | 211 |
| 2017 Q4 | 32,558,092 | $2,697,036,547 | +$249,488,049 | $82.90 | 183 |
| 2017 Q3 | 29,020,694 | $2,244,549,923 | +$380,620,471 | $77.14 | 139 |
| 2017 Q2 | 24,321,738 | $1,808,646,937 | +$98,826,496 | $74.37 | 133 |
| 2017 Q1 | 22,840,424 | $1,662,637,864 | +$107,850,119 | $72.80 | 130 |
| 2016 Q4 | 21,799,836 | $1,506,445,820 | +$70,945,941 | $69.10 | 118 |
| 2016 Q3 | 20,645,376 | $1,393,253,000 | +$74,097,985 | $67.49 | 110 |
| 2016 Q2 | 19,779,080 | $1,304,411,000 | +$5,272,723 | $66.00 | 103 |
| 2016 Q1 | 19,570,255 | $1,284,673,066 | +$316,780,948 | $65.62 | 94 |
| 2015 Q4 | 14,755,586 | $952,720,000 | +$164,413,677 | $64.57 | 78 |
| 2015 Q3 | 12,009,928 | $725,952,000 | +$133,193,415 | $60.45 | 50 |
| 2015 Q2 | 7,621,438 | $482,032,783 | -$2,451,730 | $63.20 | 40 |
| 2015 Q1 | 7,653,956 | $486,872,539 | +$113,457,722 | $63.61 | 41 |
| 2014 Q4 | 8,054,434 | $501,304,398 | +$99,253,109 | $62.25 | 38 |
| 2014 Q3 | 6,508,064 | $388,340,138 | +$49,561,587 | $59.61 | 30 |
| 2014 Q2 | 5,684,121 | $330,757,039 | +$43,243,714 | $58.19 | 23 |
| 2014 Q1 | 4,942,091 | $278,394,266 | +$49,494,461 | $56.33 | 19 |