Trading · authorized participant (AP)
Citadel Securities LLC
Citadel Securities LLC was an authorized participant (AP) for 2,404 US ETFs in Form N-CEN periods ending Aug 31, 2024 to Jun 30, 2026. It created $148.7bn and redeemed $108.5bn of their shares. It was active in 600 of them.
citadelsecurities.com, the firm’s website ↗| # | Ticker | Fund | Category | Created | Redeemed | Created and redeemed ↓ | Share of the fund’s AP dollars | Active APs in the fund | Period ending |
|---|---|---|---|---|---|---|---|---|---|
| 1 | VTI | Vanguard Morningstar Total Stock Market ETF | U.S. stocks | $8.5bn | $4.0bn | $12.5bn | 16.1% | 15 | Dec 31, 2025 |
| 2 | SPY | SPDR S&P 500 ETF Trust | U.S. stocks | $4.3bn | $6.2bn | $10.5bn | 0.5% | 26 | Dec 31, 2025 |
| 3 | VTV | Vanguard Morningstar Value ETF | U.S. stocks | $6.1bn | $3.8bn | $9.9bn | 19.8% | 13 | Dec 31, 2025 |
| 4 | VOO | Vanguard S&P 500 ETF | U.S. stocks | $6.2bn | $1.7bn | $7.9bn | 1.3% | 21 | Dec 31, 2025 |
| 5 | IWM | iShares Russell 2000 ETF | U.S. stocks | $2.2bn | $4.3bn | $6.5bn | 2.6% | 15 | Mar 31, 2026 |
| 6 | IWF | iShares Russell 1000 Growth ETF | U.S. stocks | $3.0bn | $3.3bn | $6.4bn | 16.3% | 13 | Mar 31, 2026 |
| 7 | IVV | iShares Core S&P 500 ETF | U.S. stocks | $2.9bn | $2.5bn | $5.4bn | 0.7% | 25 | Mar 31, 2026 |
| 8 | DIA | SPDR Dow Jones Industrial Average ETF Trust | U.S. stocks | $2.4bn | $2.6bn | $5.0bn | 3.7% | 15 | Dec 31, 2025 |
| 9 | SMH | VanEck Semiconductor ETF | Themes | $2.6bn | $2.3bn | $5.0bn | 7.1% | 17 | Sep 30, 2025 |
| 10 | IWD | iShares Russell 1000 Value ETF | U.S. stocks | $1.7bn | $2.8bn | $4.5bn | 14.2% | 12 | Mar 31, 2026 |
| 11 | SCHD | Schwab U.S. Dividend Equity ETF | U.S. stocks | $2.9bn | $1.3bn | $4.2bn | 11.8% | 12 | Aug 31, 2025 |
| 12 | FTCS | First Trust Capital Strength ETF | U.S. stocks | $2.0bn | $2.1bn | $4.1bn | 62.8% | 7 | Dec 31, 2025 |
| 13 | VIG | Vanguard Div Appreciation ETF | U.S. stocks | $2.2bn | $1.5bn | $3.7bn | 20.3% | 12 | Jan 31, 2026 |
| 14 | SPYM | State Street SPDR Portfolio S&P 500 ETF | U.S. stocks | $3.4bn | $198m | $3.6bn | 2.9% | 18 | Jun 30, 2026 |
| 15 | VO | Vanguard Morningstar Mid-Cap ETF | U.S. stocks | $3.4bn | $90.0m | $3.5bn | 7.1% | 14 | Dec 31, 2025 |
| 16 | VBR | Vanguard Morningstar Small-Cap Value ETF | U.S. stocks | $1.7bn | $1.8bn | $3.5bn | 25.1% | 13 | Dec 31, 2025 |
| 17 | RSP | Invesco S&P 500 Equal Weight ETF | U.S. stocks | $1.9bn | $1.5bn | $3.4bn | 4.6% | 19 | Apr 30, 2026 |
| 18 | VUG | Vanguard Morningstar Growth ETF | U.S. stocks | $2.8bn | $460m | $3.3bn | 4.2% | 14 | Dec 31, 2025 |
| 19 | XLF | State Street Financial Select Sector SPDR ETF | Sector stocks | $831m | $2.4bn | $3.3bn | 2.5% | 21 | Sep 30, 2025 |
| 20 | XLI | State Street Industrial Select Sector SPDR ETF | Sector stocks | $925m | $2.2bn | $3.2bn | 6.0% | 23 | Sep 30, 2025 |
| 21 | XLC | State Street Communication Services Select Sector SPDR ETF | Sector stocks | $1.7bn | $1.2bn | $2.9bn | 8.2% | 18 | Sep 30, 2025 |
| 22 | XLK | State Street Technology Select Sector SPDR ETF | Sector stocks | $1.6bn | $930m | $2.6bn | 5.6% | 18 | Sep 30, 2025 |
| 23 | IJR | iShares Core S&P Small-Cap ETF | U.S. stocks | $1.1bn | $1.4bn | $2.6bn | 9.6% | 15 | Mar 31, 2026 |
| 24 | SOXX | iShares Semiconductor ETF | Themes | $1.8bn | $744m | $2.5bn | 2.7% | 18 | Mar 31, 2026 |
| 25 | IJH | iShares Core S&P Mid-Cap ETF | U.S. stocks | $1.1bn | $1.4bn | $2.5bn | 9.1% | 17 | Mar 31, 2026 |
| 26 | IWB | iShares Russell 1000 ETF | U.S. stocks | $832m | $1.7bn | $2.5bn | 6.8% | 15 | Mar 31, 2026 |
| 27 | QUAL | iShares MSCI USA Quality Factor ETF | U.S. stocks | $1.5bn | $975m | $2.5bn | 10.9% | 13 | Jul 31, 2025 |
| 28 | QQQM | Invesco NASDAQ 100 ETF | U.S. stocks | $1.8bn | $511m | $2.3bn | 6.6% | 14 | Aug 31, 2025 |
| 29 | XLY | State Street Consumer Discretionary Select Sector SPDR ETF | Sector stocks | $874m | $1.4bn | $2.2bn | 6.0% | 16 | Sep 30, 2025 |
| 30 | XLV | State Street Health Care Select Sector SPDR ETF | Sector stocks | $1.2bn | $953m | $2.2bn | 3.7% | 23 | Sep 30, 2025 |
| 31 | XLP | State Street Consumer Staples Select Sector SPDR ETF | Sector stocks | $954m | $1.2bn | $2.1bn | 4.8% | 23 | Sep 30, 2025 |
| 32 | VYM | Vanguard High Dividend Yield ETF | U.S. stocks | $1.1bn | $787m | $1.9bn | 12.3% | 10 | Oct 31, 2025 |
| 33 | XLE | State Street Energy Select Sector SPDR ETF | Sector stocks | $670m | $1.2bn | $1.8bn | 4.0% | 21 | Sep 30, 2025 |
| 34 | MDY | SPDR S&P MidCap 400 ETF Trust | U.S. stocks | $401m | $1.4bn | $1.8bn | 5.5% | 14 | Dec 31, 2025 |
| 35 | VGT | Vanguard Information Tech ETF | Sector stocks | $1.7bn | $116m | $1.8bn | 6.7% | 15 | Aug 31, 2025 |
| 36 | KRE | State Street SPDR S&P Regional Banking ETF | Sector stocks | $748m | $1.0bn | $1.8bn | 3.3% | 17 | Jun 30, 2026 |
| 37 | XLU | State Street Utilities Select Sector SPDR ETF | Sector stocks | $725m | $1.0bn | $1.8bn | 6.1% | 22 | Sep 30, 2025 |
| 38 | SPMO | Invesco S&P 500 Momentum ETF | U.S. stocks | $1.5bn | $177m | $1.7bn | 13.7% | 11 | Aug 31, 2025 |
| 39 | SCHG | Schwab U.S. Large-Cap Growth ETF | U.S. stocks | $1.6bn | $148m | $1.7bn | 14.9% | 9 | Aug 31, 2025 |
| 40 | ITOT | iShares Core S&P Total U.S. Stock Market ETF | U.S. stocks | $1.5bn | $175m | $1.7bn | 11.5% | 9 | Mar 31, 2026 |
| 41 | IWR | iShares Russell Mid-Cap ETF | U.S. stocks | $1.2bn | $413m | $1.6bn | 13.4% | 14 | Mar 31, 2026 |
| 42 | IYR | iShares U.S. Real Estate ETF | Sector stocks | $273m | $1.3bn | $1.6bn | 6.2% | 18 | Mar 31, 2026 |
| 43 | MTUM | iShares MSCI USA Momentum Factor ETF | U.S. stocks | $1.1bn | $415m | $1.5bn | 9.6% | 13 | Jul 31, 2025 |
| 44 | IGV | iShares Expanded Tech-Software Sector ETF | Themes | $1.0bn | $464m | $1.5bn | 3.0% | 15 | Mar 31, 2026 |
| 45 | USMV | iShares MSCI USA Min Vol Factor ETF | U.S. stocks | $387m | $1.1bn | $1.5bn | 10.3% | 14 | Jul 31, 2025 |
| 46 | IUSG | iShares Core S&P U.S. Growth ETF | U.S. stocks | $833m | $591m | $1.4bn | 18.6% | 9 | Mar 31, 2026 |
| 47 | VTWO | Vanguard Russell 2000 ETF | U.S. stocks | $822m | $559m | $1.4bn | 14.1% | 14 | Aug 31, 2025 |
| 48 | VBK | Vanguard Morningstar Small-Cap Growth ETF | U.S. stocks | $676m | $689m | $1.4bn | 24.6% | 11 | Dec 31, 2025 |
| 49 | DYNF | iShares U.S. Equity Factor Rotation Active ETF | U.S. stocks | $1.0bn | $314m | $1.4bn | 7.8% | 10 | Jul 31, 2025 |
| 50 | SPYG | State Street SPDR Portfolio S&P 500 Growth ETF | U.S. stocks | $643m | $651m | $1.3bn | 6.8% | 12 | Jun 30, 2026 |
| 51 | IWP | iShares Russell Mid-Cap Growth ETF | U.S. stocks | $761m | $523m | $1.3bn | 10.3% | 13 | Mar 31, 2026 |
| 52 | IYW | iShares U.S. Technology ETF | Sector stocks | $185m | $1.1bn | $1.3bn | 8.6% | 13 | Apr 30, 2026 |
| 53 | SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | U.S. stocks | $887m | $350m | $1.2bn | 16.9% | 14 | Jun 30, 2026 |
| 54 | VONG | Vanguard Russell 1000 Growth ETF | U.S. stocks | $1.1bn | $130m | $1.2bn | 9.6% | 12 | Aug 31, 2025 |
| 55 | XBI | State Street SPDR S&P Biotech ETF | Themes | $939m | $234m | $1.2bn | 1.9% | 19 | Jun 30, 2026 |
| 56 | OEF | iShares S&P 100 ETF | U.S. stocks | $979m | $161m | $1.1bn | 5.6% | 10 | Mar 31, 2026 |
| 57 | SDVY | First Trust SMID Cap Rising Dividend Achievers ETF | U.S. stocks | $1.1bn | $10.7m | $1.1bn | 16.4% | 8 | Sep 30, 2024 |
| 58 | AVUV | Avantis U.S. Small Cap Value ETF | U.S. stocks | $1.1bn | $35.8m | $1.1bn | 13.7% | 7 | Aug 31, 2024 |
| 59 | MGK | Vanguard Morningstar Mega Cap Growth ETF | U.S. stocks | $457m | $634m | $1.1bn | 9.8% | 12 | Sep 30, 2025 |
| 60 | IVW | iShares S&P 500 Growth ETF | U.S. stocks | $349m | $735m | $1.1bn | 5.8% | 12 | Mar 31, 2026 |
| 61 | IUSV | iShares Core S&P U.S. Value ETF | U.S. stocks | $803m | $255m | $1.1bn | 12.1% | 10 | Mar 31, 2026 |
| 62 | VONV | Vanguard Russell 1000 Value ETF | U.S. stocks | $878m | $160m | $1.0bn | 14.6% | 11 | Aug 31, 2025 |
| 63 | IWN | iShares Russell 2000 Value ETF | U.S. stocks | $444m | $590m | $1.0bn | 17.5% | 11 | Mar 31, 2026 |
| 64 | IWO | iShares Russell 2000 Growth ETF | U.S. stocks | $369m | $629m | $998m | 14.0% | 11 | Mar 31, 2026 |
| 65 | MOAT | VanEck Morningstar Wide Moat ETF | U.S. stocks | $47.0m | $925m | $972m | 4.7% | 13 | Sep 30, 2025 |
| 66 | FNDX | Schwab Fundamental U.S. Large Company ETF | U.S. stocks | $942m | $28.7m | $971m | 14.2% | 12 | Feb 28, 2026 |
| 67 | SPHQ | Invesco S&P 500 Quality ETF | U.S. stocks | $521m | $437m | $959m | 7.6% | 12 | Apr 30, 2026 |
| 68 | XLB | State Street Materials Select Sector SPDR ETF | Sector stocks | $447m | $511m | $957m | 5.0% | 20 | Sep 30, 2025 |
| 69 | SPYV | State Street SPDR Portfolio S&P 500 Value ETF | U.S. stocks | $542m | $373m | $915m | 4.1% | 13 | Jun 30, 2026 |
| 70 | HDV | iShares Core High Dividend ETF | U.S. stocks | $384m | $515m | $899m | 14.8% | 9 | Apr 30, 2026 |
| 71 | PRF | Invesco RAFI US 1000 ETF | U.S. stocks | $481m | $404m | $885m | 26.2% | 11 | Apr 30, 2026 |
| 72 | XAR | State Street SPDR S&P Aerospace & Defense ETF | Themes | $563m | $314m | $878m | 12.1% | 11 | Jun 30, 2026 |
| 73 | VOOG | Vanguard S&P 500 Growth ETF | U.S. stocks | $775m | $101m | $876m | 9.1% | 10 | Aug 31, 2025 |
| 74 | RDVY | First Trust Rising Dividend Achievers ETF | U.S. stocks | $709m | $159m | $868m | 11.1% | 8 | Sep 30, 2024 |
| 75 | SCHX | Schwab U.S. Large-Cap ETF | U.S. stocks | $594m | $265m | $859m | 8.2% | 12 | Aug 31, 2025 |
| 76 | DVY | iShares Select Dividend ETF | U.S. stocks | $478m | $363m | $841m | 20.6% | 10 | Apr 30, 2026 |
| 77 | COWZ | Pacer US Cash Cows 100 ETF | U.S. stocks | $420m | $416m | $836m | 7.3% | 11 | Apr 30, 2026 |
| 78 | IWS | iShares Russell Mid-Cap Value ETF | U.S. stocks | $414m | $386m | $800m | 12.5% | 11 | Mar 31, 2026 |
| 79 | VLUE | iShares MSCI USA Value Factor ETF | U.S. stocks | $264m | $526m | $790m | 15.6% | 11 | Jul 31, 2025 |
| 80 | VB | Vanguard Morningstar Small-Cap ETF | U.S. stocks | $482m | $287m | $769m | 3.1% | 14 | Dec 31, 2025 |
| 81 | FESM | Fidelity Enhanced Small Cap Core ETF | U.S. stocks | $760m | $3.8m | $763m | 16.6% | 10 | Jun 30, 2026 |
| 82 | IVE | iShares S&P 500 Value ETF | U.S. stocks | $572m | $170m | $742m | 3.4% | 13 | Mar 31, 2026 |
| 83 | SPSM | State Street SPDR Portfolio S&P 600 Small Cap ETF | U.S. stocks | $526m | $188m | $714m | 12.2% | 11 | Jun 30, 2026 |
| 84 | DGRO | iShares Core Dividend Growth ETF | U.S. stocks | $652m | $59.3m | $712m | 6.8% | 12 | Apr 30, 2026 |
| 85 | ESGU | iShares ESG Aware MSCI USA ETF | U.S. stocks | $247m | $463m | $710m | 14.1% | 11 | Aug 31, 2025 |
| 86 | MGV | Vanguard Morningstar Mega Cap Value ETF | U.S. stocks | $372m | $334m | $706m | 21.7% | 9 | Aug 31, 2025 |
| 87 | ITA | iShares U.S. Aerospace & Defense ETF | Themes | $651m | $51.5m | $702m | 5.7% | 11 | Mar 31, 2026 |
| 88 | SCHA | Schwab U.S. Small-Cap ETF | U.S. stocks | $379m | $300m | $678m | 14.6% | 9 | Aug 31, 2025 |
| 89 | XME | State Street SPDR S&P Metals & Mining ETF | Themes | $375m | $301m | $675m | 6.2% | 15 | Jun 30, 2026 |
| 90 | FMDE | Fidelity Enhanced Mid Cap Core ETF | U.S. stocks | $626m | $36.5m | $663m | 12.1% | 10 | Jun 30, 2026 |
| 91 | AVUS | Avantis U.S. Equity ETF | U.S. stocks | $532m | $104m | $636m | 33.9% | 6 | Aug 31, 2024 |
| 92 | XLG | Invesco S&P 500 Top 50 ETF | U.S. stocks | $180m | $456m | $636m | 12.7% | 10 | Apr 30, 2026 |
| 93 | KBWB | Invesco KBW Bank ETF | Sector stocks | $364m | $270m | $634m | 7.8% | 14 | Aug 31, 2025 |
| 94 | XNTK | State Street SPDR NYSE Technology ETF | Sector stocks | $318m | $304m | $622m | 50.7% | 9 | Jun 30, 2026 |
| 95 | XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | Sector stocks | $462m | $144m | $607m | 2.6% | 16 | Jun 30, 2026 |
| 96 | VOT | Vanguard Morningstar Mid-Cap Growth ETF | U.S. stocks | $558m | $46.0m | $604m | 6.1% | 12 | Dec 31, 2025 |
| 97 | IBB | iShares Biotechnology ETF | Themes | $462m | $132m | $594m | 2.9% | 15 | Mar 31, 2026 |
| 98 | SPLV | Invesco S&P 500 Low Volatility ETF | U.S. stocks | $234m | $349m | $583m | 6.4% | 13 | Aug 31, 2025 |
| 99 | VNQ | Vanguard Real Estate ETF | Sector stocks | $315m | $267m | $582m | 5.4% | 15 | Jan 31, 2026 |
| 100 | XMMO | Invesco S&P MidCap Momentum ETF | U.S. stocks | $500m | $67.4m | $568m | 10.3% | 13 | Apr 30, 2026 |
Citadel Securities LLC as an ETF authorized participant: the 100 funds it created and redeemed most in, of 600, ranked by what it created and redeemed, in Form N-CEN periods ending Aug 31, 2024 to Jun 30, 2026. Source: ETFIQ from Form N-CEN.
ETFs where Citadel Securities was the only active AP
In 6 ETFs, Citadel Securities LLC was the one AP that created or redeemed shares in the period.
| # | Ticker | Fund | Created | Redeemed | APs listed | Period ending |
|---|---|---|---|---|---|---|
| 1 | FPRO | Fidelity Real Estate Investment ETF | $4.6m | $2.2m | 24 | Jul 31, 2025 |
| 2 | FSEV | Fidelity Enhanced Small Cap Value ETF | $6.2m | $0 | 25 | Jun 30, 2026 |
| 3 | FEMG | Fidelity Enhanced Mid Cap Growth ETF | $6.2m | $0 | 25 | Jun 30, 2026 |
| 4 | FEMV | Fidelity Enhanced Mid Cap Value ETF | $5.0m | $0 | 25 | Jun 30, 2026 |
| 5 | FSEG | Fidelity Enhanced Small Cap Growth ETF | $4.9m | $0 | 25 | Jun 30, 2026 |
| 6 | AVIE | Avantis Inflation Focused Equity ETF | $1.2m | $0 | 14 | Aug 31, 2024 |
Citadel Securities by category
The ETFs Citadel Securities LLC serves, by the category each is placed in, with what it created and redeemed in each.
| # | Category | Share of its dollars | ETFs served | Active in | Created | Redeemed | Only active AP in |
|---|---|---|---|---|---|---|---|
| 1 | U.S. stocks | 75.6% | 602 | 393 | $116.8bn | $77.6bn | 5 |
| 2 | International stocks | 0.0% | 422 | 2 | $104m | $10.5m | 0 |
| 3 | Sector stocks | 18.0% | 170 | 128 | $21.4bn | $24.8bn | 1 |
| 4 | Bonds | 0.0% | 562 | 0 | $0 | $0 | 0 |
| 5 | Commodities | 0.0% | 20 | 0 | $0 | $0 | 0 |
| 6 | Allocation | 0.2% | 21 | 15 | $220m | $225m | 0 |
| 7 | Buffer | 0.0% | 132 | 1 | $1.0m | $0 | 0 |
| 8 | Income | 0.0% | 71 | 0 | $0 | $0 | 0 |
| 9 | Themes | 6.1% | 216 | 43 | $10.0bn | $5.7bn | 0 |
| 10 | Leverage | 0.1% | 156 | 15 | $92.2m | $131m | 0 |
| 11 | Crypto | 0.0% | 2 | 0 | $0 | $0 | 0 |
| 12 | Alternatives | 0.0% | 30 | 3 | $24.5m | $17.6m | 0 |
Questions people ask
Is Citadel Securities an ETF authorized participant (AP)?
Yes. Citadel Securities LLC is listed as an AP for 2,404 US ETFs in Form N-CEN periods ending Aug 31, 2024 to Jun 30, 2026, and created or redeemed shares in 600 of them.
Which ETFs does Citadel Securities create and redeem the most?
By dollars created and redeemed: VTI, $12.5bn; SPY, $10.5bn; VTV, $9.9bn; VOO, $7.9bn; IWM, $6.5bn.
How much of an ETF’s AP activity does Citadel Securities handle?
Across the 600 funds it was active in, its share of each fund’s AP dollars ran from 0.1% to 100.0%. It was the only active AP in 6 ETFs.
Is Citadel Securities a lead market maker (LMM)?
Yes, for 535 ETFs: 106 on Cboe BZX; 314 on NYSE Arca; 115 on Nasdaq. Lead market maker per Cboe BZX, NYSE Arca and Nasdaq, as of Oct 23, 2026.
Where do these figures come from?
From item E.2 of each ETF’s latest Form N-CEN, which names its APs and the dollars each created and redeemed. ETFIQ groups the rows by Citadel Securities’s CRD, SEC file number and LEI, never by the name as typed.
Method
Citadel Securities LLC is identified by CRD 116797, SEC file number 8-53574, LEI 12UUJYTN7D3SW8KCSG25. It is on the SEC’s list of active broker-dealers dated Oct 1, 2026 as CITADEL SECURITIES LLC. Funds filed its name 7 ways; every spelling is in dealers.json. Every row is one authorized participant (AP) listed in item E.2 of an ETF’s latest Form N-CEN, with the dollars of the fund’s shares it purchased from the fund (created) and redeemed in the fund’s reporting period, as filed. A fund’s period is its own fiscal year, or less where the filing says so, so a firm’s total adds periods that end on different days. Rows are grouped into firms by the identifiers each row carries: the CRD number first, the SEC file number and LEI where the CRD is missing or typed wrong, never by name. 71 of 75,056 rows carry a CRD their file number and LEI place on another firm, and are counted there.
The rest of the method
A firm’s name is its registration on the SEC’s list of active broker-dealers where it is on it. Spot crypto and commodity trusts and ETNs file no N-CEN and are not here.
Where to next
Most active APs for U.S. stock ETFs→Most active APs for international stock ETFs→Most active APs for sector stock ETFs→Every ETF authorized participant (AP)→The most active APs→Most active APs for U.S. stock ETFs→Most active APs for international stock ETFs→Most active APs for sector stock ETFs→Most active APs for bond ETFs→ETF lead market makers (LMMs)→How the AP list is built→The open data file→Fund flows→
Where these figures came from
SEC Form N-CEN data sets, the source of every AP row ↗Form N-CEN, item E.2: each authorized participant and its dollars ↗SEC list of active broker-dealers, the source of each firm’s registered name ↗
ETFIQ links to the documents behind every figure; a link is not an endorsement. A list of firms is not a rating or a recommendation.
Questions people ask
Is Citadel Securities an ETF authorized participant (AP)?
Yes. Citadel Securities LLC is listed as an AP for 2,404 US ETFs in Form N-CEN periods ending Aug 31, 2024 to Jun 30, 2026, and created or redeemed shares in 600 of them.
Which ETFs does Citadel Securities create and redeem the most?
By dollars created and redeemed: VTI, $12.5bn; SPY, $10.5bn; VTV, $9.9bn; VOO, $7.9bn; IWM, $6.5bn.
How much of an ETF’s AP activity does Citadel Securities handle?
Across the 600 funds it was active in, its share of each fund’s AP dollars ran from 0.1% to 100.0%. It was the only active AP in 6 ETFs.
Is Citadel Securities a lead market maker (LMM)?
Yes, for 535 ETFs: 106 on Cboe BZX; 314 on NYSE Arca; 115 on Nasdaq. Lead market maker per Cboe BZX, NYSE Arca and Nasdaq, as of Oct 23, 2026.
Where do these figures come from?
From item E.2 of each ETF’s latest Form N-CEN, which names its APs and the dollars each created and redeemed. ETFIQ groups the rows by Citadel Securities’s CRD, SEC file number and LEI, never by the name as typed.
Cite this pageCitation, APA and Markdown
ETFIQ, Citadel Securities LLC as an ETF authorized participant, data as of Sep 23, 2026. https://etfiq.com/trading/authorized-participants/citadel-securities/
ETFIQ. (Sep 23, 2026). Citadel Securities LLC as an ETF authorized participant. Retrieved from https://etfiq.com/trading/authorized-participants/citadel-securities/
[Citadel Securities LLC as an ETF authorized participant (ETFIQ, Sep 23, 2026)](https://etfiq.com/trading/authorized-participants/citadel-securities/)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.