Vault-13

ISHARES INC EWZ

MSCI BRAZIL ETF · ETP · CUSIP 464286400 · ISIN US4642864007

283 institutional holders +40 vs Q1 2023
109,693,813109.7m shares reported held*
$3.6bnreported value*
73 new 69 added 82 reduced 36 sold out net bought ≈ $337.8m (+10.5m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($24.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $32.43. Options: 44 managers hold calls ($3.8bn notional), 31 hold puts ($1.7bn).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 241Q4 22: 262Q1 23: 243Q2 23: 283283Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022241
Q4 2022262
Q1 2023243
Q2 2023283

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 136 bought or addedQ4 22: 112 cut or sold outQ4 22Q1 23: 104 bought or addedQ1 23: 143 cut or sold outQ1 23Q2 23: 142 bought or addedQ2 23: 118 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022136112
Q1 2023104143
Q2 2023142118

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1bn$2bn$3bn$4bnQ3 22 calls: $3.3bnQ3 22 puts: $1.5bnQ3 22P/C 0.45Q4 22 calls: $3.0bnQ4 22 puts: $1.1bnQ4 22P/C 0.37Q1 23 calls: $2.4bnQ1 23 puts: $1.8bnQ1 23P/C 0.73Q2 23 calls: $3.8bnQ2 23 puts: $1.7bnQ2 23P/C 0.43
Numbers
QuarterCallsPutsP/C
Q3 2022$3.3bn$1.5bn0.45
Q4 2022$3.0bn$1.1bn0.37
Q1 2023$2.4bn$1.8bn0.73
Q2 2023$3.8bn$1.7bn0.43

Biggest buyers

Kapitalo Investimentos Ltda New +3,946,560+3.9m
CITIGROUP INC Added +3,885,634+3.9m
MOORE CAPITAL MANAGEMENT, LP New +2,555,200+2.6m
Man Group plc New +1,913,220+1.9m
Brevan Howard Capital Management LP New +1,805,000+1.8m
Optiver Holding B.V. Added +1,678,061+1.7m
FIL Ltd Added +1,432,204+1.4m
Quantitative Investment Management, LLC New +1,347,101+1.3m
PointState Capital LP New +1,231,717+1.2m
Integrated Wealth Concepts LLC Added +1,218,757+1.2m

Biggest sellers

JANE STREET GROUP, LLC Reduced -4,238,646-4.2m
GOLDMAN SACHS GROUP INC Reduced -1,889,069-1.9m
TWO SIGMA INVESTMENTS, LP Reduced -1,376,690-1.4m
VPR Management LLC Reduced -1,348,100-1.3m
CREDIT SUISSE AG/ Reduced -1,259,126-1.3m
UBS Group AG Reduced -1,189,792-1.2m
Rafferty Asset Management, LLC Reduced -1,100,836-1.1m
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -1,055,314-1.1m
Provida Pension Fund Administrator Reduced -948,138-948.1k
MEITAV INVESTMENT HOUSE LTD Reduced -924,884-924.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $602.9m18.6m shares
CITADEL ADVISORS LLC Added $507.9m15.7m shares
Optiver Holding B.V. Added $457.8m14.1m shares
GOLDMAN SACHS GROUP INC Reduced $400.1m12.3m shares
NOMURA HOLDINGS INC Added $390.4m12.0m shares
UBS Group AG Added $333.8m10.3m shares
BANK OF AMERICA CORP /DE/ Added $245.5m7.6m shares
JPMORGAN CHASE & CO Reduced $97.5m3.0m shares
JANE STREET GROUP, LLC Added $94.3m2.9m shares
Rokos Capital Management LLP New $87.5m2.7m shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $538.6m16.6m shares
GOLDMAN SACHS GROUP INC Reduced $408.2m12.6m shares
CITADEL ADVISORS LLC Reduced $252.8m7.8m shares
BANK OF AMERICA CORP /DE/ Reduced $97.3m3.0m shares
NOMURA HOLDINGS INC Reduced $63.2m1.9m shares
UBS Group AG Added $50.4m1.6m shares
Jefferies Financial Group Inc. Added $35.6m1.1m shares
Point72 Asset Management, L.P. Added $31.5m970.0k shares
CITIGROUP INC Added $24.3m750.0k shares
Oasis Management Co Ltd. Added $22.4m360.0k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 State of Tennessee, Department of Treasury 1.02% of their portfolio NASHVILLE, TN 7,519,2927.5m $243.9m $243.9m 1.02% Reduced -16.6k -16,595
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 6,825,6516.8m $221.4m $221.4m 0.02% Reduced -290.2k -290,214
3 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 6,281,0406.3m $203.7m $203.7m 0.02% Added +376.7k +376,704
4 CITIGROUP INC 0.24% of their portfolio NEW YORK, NY 5,746,2215.7m $186.3m $186.3m 0.24% Added +3.9m +3,885,634
5 CITADEL ADVISORS LLC 0.15% of their portfolio MIAMI, FL 4,163,5914.2m $135.0m $135.0m 0.15% Reduced -248.8k -248,773
6 Kapitalo Investimentos Ltda 23.79% of their portfolio SAO PAULO, D5 3,946,5603.9m $128.0m $128.0m 23.79% New
7 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 3,865,4593.9m $125.4m $125.4m 0.01% Reduced -168.0k -167,996
8 Caisse de depot et placement du Quebec 0.31% of their portfolio Montreal, A8 3,615,2063.6m $117.2m $117.2m 0.31% Added +141.0k +141,000
9 MBB PUBLIC MARKETS I LLC 6.65% of their portfolio CHICAGO, IL 3,599,0603.6m $116.7m $116.7m 6.65% Reduced -347.9k -347,858
10 UBS Group AG 0.05% of their portfolio ZURICH, V8 3,346,8703.3m $108.5m $108.5m 0.05% Reduced -1.2m -1,189,792
11 MOORE CAPITAL MANAGEMENT, LP 2.01% of their portfolio NEW YORK, NY 2,555,2002.6m $82.9m $82.9m 2.01% New
12 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 2,525,1922.5m $81.9m $81.9m 0.02% Reduced -1.9m -1,889,069
13 Optiver Holding B.V. 2.28% of their portfolio AMSTERDAM, P7 2,434,0602.4m $78.9m $78.9m 2.28% Added +1.7m +1,678,061
14 FIL Ltd 0.09% of their portfolio HAMILTON, D0 2,427,1892.4m $78.7m $78.7m 0.09% Added +1.4m +1,432,204
15 JANE STREET GROUP, LLC 0.09% of their portfolio NEW YORK, NY 2,070,2222.1m $67.1m $67.1m 0.09% Reduced -4.2m -4,238,646
16 Man Group plc 0.19% of their portfolio LONDON, X0 1,913,2201.9m $62.0m $62.0m 0.19% New
17 Brevan Howard Capital Management LP 10.76% of their portfolio ST. HELIER, Y9 1,805,0001.8m $58.5m $58.5m 10.76% New
18 BNP PARIBAS FINANCIAL MARKETS 0.11% of their portfolio PARIS, I0 1,725,9671.7m $56.0m $56.0m 0.11% Reduced -356.7k -356,726
19 DOW CHEMICAL CO /DE/ 6.34% of their portfolio MIDLAND, MI 1,500,0001.5m $48.6m $48.6m 6.34% Unchanged
20 Wealth High Governance Capital Ltda 19.03% of their portfolio SAO PAULO, D5 1,400,0001.4m $45.4m $45.4m 19.03% Added +1.0m +1,000,000
21 Quantitative Investment Management, LLC 4.14% of their portfolio CHARLOTTESVILLE, VA 1,347,1011.3m $43.7m $43.7m 4.14% New
22 VPR Management LLC 10.29% of their portfolio HOUSTON, TX 1,246,9371.2m $40.4m $40.4m 10.29% Reduced -1.3m -1,348,100
23 PointState Capital LP 1.52% of their portfolio New York, NY 1,231,7171.2m $39.9m $39.9m 1.52% New
24 Integrated Wealth Concepts LLC 0.68% of their portfolio WALTHAM, MA 1,228,0971.2m $39.8m $39.8m 0.68% Added +1.2m +1,218,757
25 Korea Investment CORP 0.11% of their portfolio SEOUL, M5 1,200,5991.2m $38.9m $38.9m 0.11% Reduced -320.2k -320,163
26 BlackRock Inc. 0.00% of their portfolio New York, NY 1,188,7661.2m $38.6m $38.6m 0.00% Reduced -38.6k -38,565
27 CREDIT SUISSE AG/ 0.04% of their portfolio ZURICH, V8 1,120,4511.1m $36.3m $36.3m 0.04% Reduced -1.3m -1,259,126
28 Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) 3.18% of their portfolio Tel Aviv, L3 1,114,2001.1m $36.1m $36.1m 3.18% New
29 OLD MISSION CAPITAL LLC 1.31% of their portfolio CHICAGO, IL 1,088,6941.1m $35.3m $35.3m 1.31% New
30 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.06% of their portfolio BALA CYNWYD, PA 1,064,2331.1m $34.5m $34.5m 0.06% Added +262.8k +262,835
31 Arctis Global LLC 14.95% of their portfolio SAN JUAN, PR 1,029,8181.0m $33.4m $33.4m 14.95% New
32 Phoenix Financial Ltd. 0.65% of their portfolio Givatayim, L3 955,000955.0k $31.0m $31.0m 0.65% Added +912.5k +912,490
33 Rafferty Asset Management, LLC 0.17% of their portfolio New York, NY 902,748902.7k $29.3m $29.3m 0.17% Reduced -1.1m -1,100,836
34 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.36% of their portfolio Madrid, U3 860,076860.1k $27.9m $27.9m 0.36% Added +491.1k +491,136
35 TUDOR INVESTMENT CORP ET AL 0.45% of their portfolio STAMFORD, CT 850,000850.0k $27.6m $27.6m 0.45% Added +818.0k +818,038
36 RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio NEW YORK, NY 829,300829.3k $26.9m $26.9m 0.04% New
37 MKP Capital Management, L.L.C. 2.74% of their portfolio New York, NY 774,400774.4k $25.1m $25.1m 2.74% New
38 Ilmarinen Mutual Pension Insurance Co 0.31% of their portfolio HELSINKI, H9 762,642762.6k $24.7m $24.7m 0.31% Unchanged
39 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 759,275759.3k $24.6m $24.6m 0.02% Reduced -786.8k -786,813
40 Alaska Permanent Fund Corp 0.47% of their portfolio JUNEAU, AK 741,827741.8k $24.1m $24.1m 0.47% First filing
41 Jefferies Financial Group Inc. 0.47% of their portfolio NEW YORK, NY 676,661676.7k $21.9m $21.9m 0.47% New
42 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 622,089622.1k $20.2m $20.2m 0.01% Reduced -123.5k -123,537
43 New Harbor Financial Group, LLC 6.07% of their portfolio WORCESTER, MA 615,481615.5k $20.0m $20.0m 6.07% Added +43.6k +43,561
44 DISCOVERY CAPITAL MANAGEMENT, LLC / CT 2.16% of their portfolio SOUTH NORWALK, CT 570,800570.8k $18.5m $18.5m 2.16% Added +28.8k +28,800
45 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 1.49% of their portfolio London, X0 567,102567.1k $18.4m $18.4m 1.49% Reduced -794.0k -793,951
46 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 561,060561.1k $18.2m $18.2m 0.02% New
47 Millburn Ridgefield LLC /DE/ 0.59% of their portfolio New York, NY 533,100533.1k $17.3m $17.3m 0.59% Reduced -83.7k -83,676
48 Catalyst Capital Advisors LLC 0.50% of their portfolio San Juan, PR 532,792532.8k $17.3m $17.3m 0.50% Reduced -83.9k -83,902
49 Graham Capital Management, L.P. 0.56% of their portfolio ROWAYTON, CT 500,000500.0k $16.2m $16.2m 0.56% Reduced -204.8k -204,800
50 Laurion Capital Management LP 0.70% of their portfolio NEW YORK, NY 500,000500.0k $16.2m $16.2m 0.70% New
51 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 490,774490.8k $15.9m $15.9m 0.00% Added +302.3k +302,304
52 BlueCrest Capital Management Ltd 1.93% of their portfolio ST HELIER, Y9 455,117455.1k $14.8m $14.8m 1.93% New
53 Balyasny Asset Management L.P. 0.04% of their portfolio Chicago, IL 444,664444.7k $14.4m $14.4m 0.04% New
54 ExodusPoint Capital Management, LP 0.16% of their portfolio NEW YORK, NY 417,510417.5k $13.5m $13.5m 0.16% Reduced -551.6k -551,626
55 Natixis Investment Managers International 0.96% of their portfolio Paris, I0 400,000400.0k $12.9m $12.9m 0.96% New
56 BANK OF NOVA SCOTIA 0.03% of their portfolio TORONTO, A6 395,540395.5k $12.8m $12.8m 0.03% Added +30.9k +30,900
57 Squarepoint Ops LLC 0.07% of their portfolio NEW YORK, NY 384,355384.4k $12.5m $12.5m 0.07% Added +428 +428
58 SIMPLEX TRADING, LLC 0.49% of their portfolio CHICAGO, IL 354,381354.4k $11.5m $11.5m 0.49% New
59 Glovista Investments LLC 5.81% of their portfolio JERSEY CITY, NJ 342,211342.2k $11.0m $11.0m 5.81% Added +48.7k +48,741
60 Parallax Volatility Advisers, L.P. 0.37% of their portfolio San Francisco, CA 334,694334.7k $10.9m $10.9m 0.37% Added +283.5k +283,528
61 SPINNAKER TRUST 0.62% of their portfolio PORTLAND, ME 261,943261.9k $8.5m $8.5m 0.62% Added +2.2k +2,232
62 GTS SECURITIES LLC 0.26% of their portfolio NEW YORK, NY 253,526253.5k $8.2m $8.2m 0.26% First filing
63 Rock Creek Group LLC 1.17% of their portfolio Washington, DC 248,372248.4k $8.1m $8.1m 1.17% Reduced -166.0k -165,989
64 AFFINITY WEALTH MANAGEMENT LLC 1.80% of their portfolio WILMINGTON, DE 241,545241.5k $7.8m $7.8m 1.80% Added +42.2k +42,202
65 STRS OHIO 0.03% of their portfolio COLUMBUS, OH 240,000240.0k $7.8m $7.8m 0.03% Reduced -480.0k -480,000
66 Provida Pension Fund Administrator 0.27% of their portfolio LAS CONDES, SANTIAGO, F3 239,690239.7k $7.8m $7.8m 0.27% Reduced -948.1k -948,138
67 BANQUE PICTET & CIE SA 0.07% of their portfolio GENEVA 73, V8 231,824231.8k $7.5m $7.5m 0.07% Reduced -840 -840
68 Whitcomb & Hess, Inc. 2.51% of their portfolio ASHLAND, OH 211,662211.7k $6.9m $6.9m 2.51% Added +2.8k +2,827
69 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 209,804209.8k $6.8m $6.8m 0.01% Added +11.1k +11,145
70 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 206,853206.9k $6.7m $6.7m 0.01% Reduced -215.6k -215,568
71 Private Wealth Advisors, LLC 2.81% of their portfolio Fresno, CA 205,671205.7k $6.7m $6.7m 2.81% Added +1.2k +1,225
72 ING GROEP NV 0.05% of their portfolio AMSTERDAM, P7 202,590202.6k $6.6m $6.6m 0.05% Unchanged
73 SPX Gestao de Recursos Ltda 0.31% of their portfolio RIO DE JANEIRO, D5 202,372202.4k $6.6m $6.6m 0.31% New
74 HAP Trading, LLC 1.78% of their portfolio NEW YORK, NY 194,628194.6k $6.3m $6.3m 1.78% New
75 Trium Capital LLP 1.74% of their portfolio LONDON, X0 191,123191.1k $6.2m $6.2m 1.74% Added +135.6k +135,647
76 WEXFORD CAPITAL LP 1.24% of their portfolio WEST PALM BEACH, FL 190,959191.0k $6.2m $6.2m 1.24% New
77 Stratos Wealth Advisors, LLC 0.42% of their portfolio BEACHWOOD, OH 183,921183.9k $6.0m $6.0m 0.42% Reduced -5.7k -5,676
78 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 182,827182.8k $5.9m $5.9m 0.01% Added +6.3k +6,300
79 Sparta 24 Ltd. 8.41% of their portfolio Tirat Hacarmel, L3 180,300180.3k $5.8m $5.8m 8.41% New
80 Pekin Hardy Strauss, Inc. 0.83% of their portfolio CHICAGO, IL 163,719163.7k $5.3m $5.3m 0.83% Added +3.9k +3,892
81 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 162,032162.0k $5.3m $5.3m 0.00% Reduced -1.1m -1,055,314
82 KLK CAPITAL MANAGEMENT LLC 6.21% of their portfolio LOS ANGELES, CA 155,745155.7k $5.1m $5.1m 6.21% Reduced -6.4k -6,400
83 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 151,763151.8k $4.9m $4.9m 0.00% Added +50.0k +50,050
84 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 150,812150.8k $4.9m $4.9m 0.00% Added +102.1k +102,078
85 Herr Investment Group LLC 1.46% of their portfolio AUSTIN, TX 150,000150.0k $4.9m $4.9m 1.46% Unchanged
86 WOLVERINE TRADING, LLC 0.06% of their portfolio CHICAGO, IL 141,076141.1k $4.5m $4.5m 0.06% Reduced -687 -687
87 Lombard Odier Asset Management (USA) Corp 0.50% of their portfolio New York, NY 137,944137.9k $4.5m $4.5m 0.50% Reduced -64.9k -64,889
88 PINNBROOK CAPITAL MANAGEMENT LP 2.53% of their portfolio NEW YORK, NY 131,653131.7k $4.3m $4.3m 2.53% New
89 Banco Santander, S.A. 0.05% of their portfolio Madrid, U3 128,314128.3k $4.2m $4.2m 0.05% Reduced -32.1k -32,120
90 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 127,159127.2k $4.1m $4.1m 0.01% Added +4.7k +4,676
91 Point Break Capital Management, LLC 4.97% of their portfolio MIAMI, FL 123,000123.0k $4.0m $4.0m 4.97% New
92 Schonfeld Strategic Advisors LLC 0.03% of their portfolio NEW YORK, NY 122,730122.7k $4.0m $4.0m 0.03% Added +80.0k +80,000
93 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 122,424122.4k $4.0m $4.0m 0.00% Reduced -7.0k -7,025
94 Banco BTG Pactual S.A. 2.46% of their portfolio RIO DE JANEIRO, D5 119,354119.4k $3.9m $3.9m 2.46% New
95 NOMURA ASSET MANAGEMENT CO LTD 0.02% of their portfolio TOKYO, M0 118,200118.2k $3.8m $3.8m 0.02% Unchanged
96 Venture Visionary Partners LLC 0.22% of their portfolio Sylvania, OH 114,479114.5k $3.7m $3.7m 0.22% Added +4.9k +4,929
97 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 113,529113.5k $3.7m $3.7m 0.00% Reduced -164.5k -164,502
98 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 110,730110.7k $3.6m $3.6m 0.01% Reduced -64.0k -63,970
99 Point72 Europe (London) LLP 0.51% of their portfolio LONDON, X0 107,200107.2k $3.5m $3.5m 0.51% New
100 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 106,454106.5k $3.5m $3.5m 0.00% Added +16.4k +16,407