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THRO

iShares U.S. Thematic Rotation Active ETF
THRO

330 hedge funds and large institutions have $5.14B invested in iShares U.S. Thematic Rotation Active ETF in 2025 Q2 according to their latest regulatory filings, with 213 funds opening new positions, 108 increasing their positions, 6 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,450% more first-time investments, than exits

New positions opened: 213 | Existing positions closed: 6

1,700% more repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 6

876% more capital invested

Capital invested by funds: $527M → $5.14B (+$4.61B)

500% more funds holding in top 10

Funds holding in top 10: 2 → 12 (+10)

164% more funds holding

Funds holding: 125 → 330 (+205)

4.61% more ownership

Funds ownership: 101.8% → 106.4% (+4.6%)

Holders
330
Holders Change
+205
Holders Change %
+164%
% of All Funds
4.34%
Holding in Top 10
12
Holding in Top 10 Change
+10
Holding in Top 10 Change %
+500%
% of All Funds
0.16%
New
213
Increased
108
Reduced
6
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$1.44B
2
LPL Financial
LPL Financial
California
+$457M
3
JP Morgan Chase
JP Morgan Chase
New York
+$233M
4
Envestnet Portfolio Solutions
Envestnet Portfolio Solutions
Illinois
+$142M
5
Morgan Stanley
Morgan Stanley
New York
+$130M

Top Sellers

Rank Fund Capital Flow
1
TC
TownSquare Capital
Utah
-$881K
2
KCM
KM Capital Management
Texas
-$858K
3
BW
Balance Wealth
Ohio
-$338K
4
CAWM
Capital A Wealth Management
Pennsylvania
-$249K
5
MC
McMorgan & Co
California
-$240K
Name Holding Trade Value Shares
Change 		Change in
Stake
WS
251
Wedbush Securities
California
$486K +$194K +5,894 +76%
MWA
252
MN Wealth Advisors
Kansas
$471K +$436K +13,239 New
EWA
253
EP Wealth Advisors
California
$469K +$434K +13,183 New
BOSSRA
254
B.O.S.S. Retirement Advisors
Utah
$466K +$431K +13,093 New
HKIMG
255
Hutchens & Kramer Investment Management Group
Indiana
$458K +$426K +12,926 New
SIS
256
Sound Income Strategies
Florida
$456K +$422K +12,829 New
GIA
257
Gladstone Institutional Advisory
Florida
$454K +$420K +12,751 New
SWP
258
Semus Wealth Partners
Florida
$447K +$414K +12,572 New
LWA
259
Lantern Wealth Advisors
New York
$447K +$414K +12,567 New
WEG
260
World Equity Group
Illinois
$436K +$403K +12,248 New
DC
261
Davenport & Co
Virginia
$428K +$396K +12,037 New
PS
262
Principal Securities
Iowa
$426K +$394K +11,960 New
JSL
263
JT Stratford LLC
Georgia
$422K +$391K +11,859 New
GFA
264
Gallagher Fiduciary Advisors
Illinois
$409K +$378K +11,486 New
LSA
265
Lion Street Advisors
Texas
$408K +$378K +11,467 New
LA
266
Lifeworks Advisors
Michigan
$399K +$370K +11,221 New
T
267
Transce3nd
Texas
$387K +$64.2K +1,949 +22%
FPAS
268
Focus Partners Advisor Solutions
Missouri
$378K +$350K +10,629 New
MFG
269
Magnus Financial Group
New York
$369K +$342K +10,375 New
PTC
270
Private Trust Company
Ohio
$362K +$328K +9,951 +4,523%
HIM
271
Hanlon Investment Management
New Jersey
$358K +$331K +10,050 New
FI
272
FWG Investments
Kentucky
$344K +$318K +9,655 New
AWMNH
273
Arcadia Wealth Management (New Hampshire)
New Hampshire
$330K +$6.13K +186 +2%
FWM
274
FLP Wealth Management
Arkansas
$327K +$19.7K +597 +7%
HA
275
Herold Advisors
New York
$325K +$4.38K +133 +1%
9 10
11
12 13

THRO Hedge Fund Activity: Q2 2025 in Review

330 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in iShares U.S. Thematic Rotation Active ETF (THRO) for Q2 2025, worth a combined $5.14B — up 876% from $527M a quarter earlier.

Buyers outnumbered sellers: 213 funds opened new THRO positions and 6 closed out — a net gain of 207 holders — while 108 added to existing stakes and 6 trimmed.

The largest buyer was Envestnet Asset Management, adding an estimated $1.44B. The largest seller was TownSquare Capital, exiting entirely with an estimated $881K sold.

  • 330 institutional investors held iShares U.S. Thematic Rotation Active ETF (THRO) as of Q2 2025, up from 125 in Q1 2025.
  • Funds reported $5.14B of iShares U.S. Thematic Rotation Active ETF stock for Q2 2025, up 876% quarter-over-quarter.
  • 213 funds opened new iShares U.S. Thematic Rotation Active ETF positions in Q2 2025 and 6 closed out, a net change of +207 holders.
  • The largest iShares U.S. Thematic Rotation Active ETF buyer in Q2 2025 was Envestnet Asset Management, an estimated $1.44B added.
  • The largest iShares U.S. Thematic Rotation Active ETF seller in Q2 2025 was TownSquare Capital, an estimated $881K sold.

Based on aggregated 13F filings for Q2 2025.