iShares L Cap MB Sep ETFSMAX ETF 13F holders, Q4 2025 (December 31) 32 holders +6
13 new positions
7 sold out
$26.96 avg. 13F price*
At the end of Q4 2025 , 32 institutions reported holding iShares L Cap MB Sep ETF (SMAX) in their 13F filings, up 6 from Q3 2025. 13 opened new positions and 7 sold out. The largest holders were J. L. Bainbridge & Co., Inc. ($49.4M), Client First Capital LLC ($5.1M) and BIP Wealth, LLC ($4.4M).
Company iShares L Cap MB Sep ETF
CUSIP 46438G588
Latest filing quarter Q2 2026 History Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025 Institutions Total Value New Positions 13 $11.1M Exits 7 $4.8M
All 13F filers, Q3 2025 → Q4 2025: 999,766 shares bought and 180,842 shares sold, net +818,924 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 32 holders Portfolio Manager % of Holder's Portfolio Change vs Q3 2025 Shares Value ▼ J. L. Bainbridge & Co., Inc. 4.05% Add +34.9% 1,833,229 $49.4M Client First Capital LLC 2.16% Add +0.2% 187,467 $5.1M BIP Wealth, LLC 0.16% New 164,670 $4.4M Raymond James Financial Inc. 0.00% New 94,650 $2.6M Grantvest Financial Group LLC 1.40% Add +47.1% 81,291 $2.2M FC Advisory LLC 0.63% Add +210.8% 80,775 $2.2M Goldman Sachs Group Inc. 0.00% Add +49.5% 52,436 $1.4M Susquehanna International Group, LLP 0.00% New 51,333 $1.4M Amplius Wealth Advisors, LLC 0.11% No change 48,101 $1.3M Crewe Advisors LLC 0.09% Add +10.8% 38,118 $1.0M Jim Saulnier & Associates, LLC 0.51% Reduce -0.7% 36,141 $974K Crown Wealth Group, LLC 0.23% Add +1.0% 30,093 $811K Envestnet Asset Management Inc. 0.00% Add +20.1% 29,826 $804K Commonwealth Equity Services, LLC 0.00% Add +7.9% 27,778 $749K Blue Sky Capital Consultants Group, Inc. 0.27% New 23,307 $628K Tradition Wealth Management, LLC 0.04% Add +0.0% 21,934 $591K ARS Investment Partners, LLC 0.03% No change 19,900 $536K Lifestyle Asset Management, Inc. 0.15% New 16,978 $458K Kestra Advisory Services, LLC 0.00% New 15,881 $428K Kovack Advisors, Inc. 0.02% New 14,783 $398K Kestra Investment Management, LLC 0.01% New 14,445 $389K Creative Planning 0.00% No change 13,994 $377K Ausdal Financial Partners, Inc. 0.01% Add +49.3% 11,600 $313K Investment Partners Asset Management, Inc. 0.14% No change 8,162 $220K Thrivent Financial for Lutherans 0.00% New 7,810 $211K Spire Wealth Management 0.01% New 7,196 $194K AE Wealth Management LLC 0.00% Reduce -32.3% 4,551 $123K Northwestern Mutual Wealth Management Co. 0.00% New 900 $24K Elevated Capital Advisors, LLC 0.00% New 648 $17K National Bank of Canada 0.00% No change 425 $11K IFP Advisors, Inc 0.00% No change 51 $1K Kingdom Financial Group LLC. 0.00% New 1 $23
"% of holder's portfolio" is SMAX's weight in each manager's 13F, not the share of iShares L Cap MB Sep ETF the manager owns.