Philadelphia Financial Management of San Francisco’s iShares Russell 2000 ETF IWM Stock Holding History

Philadelphia Financial Management of San Francisco’s Portfolio IWM Stock Details IWM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-200,000	Closed	-$48.4M	–	74
2025 Q3	$48.4M	Sell	200,000 -250,000	-56%	-$57.4M	5.42%	3
2025 Q2	$97.1M	Buy	+450,000	New	+$90.6M	11.41%	1
2025 Q1	–	Sell	-700,000	Closed	-$155M	–	59
2024 Q4	$155M	Buy	700,000 +300,000	+75%	+$68.4M	21.89%	1
2024 Q3	$88.4M	Buy	400,000 +280,000	+233%	+$59.9M	14.02%	1
2024 Q2	$24.3M	Buy	+120,000	New	+$24.3M	4.27%	6
2024 Q1	–	Sell	-100,000	Closed	-$20.1M	–	47
2023 Q4	$20.1M	Buy	+100,000	New	+$17.9M	3.55%	8

Other funds holding IWM

Bank of America

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Empower Advisory Group

Empower Advisory Group Greenwood Village, Colorado $41.9B AUM 18.91% 1-Year Est. Return

Royal Bank of Canada

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

Rafferty Asset Management

Rafferty Asset Management New York $24.6B AUM 47.06% 1-Year Est. Return

BNP Paribas Financial Markets

BNP Paribas Financial Markets Paris, France $206B AUM 31.61% 1-Year Est. Return