Vault-13

ISHARES INC EWZ

MSCI BRAZIL ETF · ETP · CUSIP 464286400 · ISIN US4642864007

292 institutional holders -35 vs Q4 2023
125,890,609125.9m shares reported held*
$4.1bnreported value*
45 new 91 added 96 reduced 78 sold out net bought ≈ $167.7m (+3.3m 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 ($291.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $32.39. Options: 44 managers hold calls ($2.4bn notional), 31 hold puts ($2.0bn).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 241Q4 22: 262Q1 23: 243Q2 23: 283Q3 23: 292Q4 23: 327Q1 24: 292292Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022241
Q4 2022262
Q1 2023243
Q2 2023283
Q3 2023292
Q4 2023327
Q1 2024292

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 23Q3 23: 142 bought or addedQ3 23: 140 cut or sold outQ3 23Q4 23: 160 bought or addedQ4 23: 145 cut or sold outQ4 23Q1 24: 136 bought or addedQ1 24: 174 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022136112
Q1 2023104143
Q2 2023142118
Q3 2023142140
Q4 2023160145
Q1 2024136174

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bn$4bnQ2 23 calls: $3.8bnQ2 23 puts: $1.7bnQ2 23P/C 0.43Q3 23 calls: $2.8bnQ3 23 puts: $1.3bnQ3 23P/C 0.48Q4 23 calls: $2.4bnQ4 23 puts: $2.2bnQ4 23P/C 0.90Q1 24 calls: $2.4bnQ1 24 puts: $2.0bnQ1 24P/C 0.83
Numbers
QuarterCallsPutsP/C
Q2 2023$3.8bn$1.7bn0.43
Q3 2023$2.8bn$1.3bn0.48
Q4 2023$2.4bn$2.2bn0.90
Q1 2024$2.4bn$2.0bn0.83

Biggest buyers

MORGAN STANLEY Added +13,163,028+13.2m
JPMORGAN CHASE & CO Added +4,390,258+4.4m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +3,521,547+3.5m
CITIGROUP INC Added +2,951,643+3.0m
State of New Jersey Common Pension Fund D New +2,711,181+2.7m
Bridgewater Associates, LP Added +1,907,126+1.9m
SG Americas Securities, LLC Added +1,473,029+1.5m
NATIONAL BANK OF CANADA /FI/ Added +1,459,130+1.5m
HSBC HOLDINGS PLC Added +1,432,830+1.4m
BlackRock Inc. Added +1,430,050+1.4m

Biggest sellers

Rokos Capital Management LLP Reduced -3,947,583-3.9m
Vinland Capital Management Gestora de Recursos LTDA. Reduced -3,100,421-3.1m
PointState Capital LP Sold out -2,959,394-3.0m
TWO SIGMA INVESTMENTS, LP Sold out -2,863,500-2.9m
GOLDMAN SACHS GROUP INC Reduced -2,791,204-2.8m
TWO SIGMA ADVISERS, LP Sold out -1,666,700-1.7m
OLD MISSION CAPITAL LLC Sold out -1,666,118-1.7m
BANK OF NOVA SCOTIA Reduced -1,460,077-1.5m
FIL Ltd Reduced -1,312,437-1.3m
Man Group plc Reduced -1,261,820-1.3m

Biggest calls

GOLDMAN SACHS GROUP INC Added $352.6m10.9m shares
CITADEL ADVISORS LLC Added $319.0m9.8m shares
Optiver Holding B.V. Added $306.2m9.4m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $239.3m7.4m shares
JPMORGAN CHASE & CO Reduced $218.8m6.8m shares
BNP PARIBAS FINANCIAL MARKETS Added $133.4m41.2k shares
NOMURA HOLDINGS INC Added $101.1m3.1m shares
BANK OF AMERICA CORP /DE/ Added $101.1m3.1m shares
Vinland Capital Management Gestora de Recursos LTDA. Added $86.8m2.7m shares
Schonfeld Strategic Advisors LLC Reduced $62.2m1.9m shares

Biggest puts

GOLDMAN SACHS GROUP INC Added $707.0m21.8m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $401.3m12.4m shares
CITADEL ADVISORS LLC Added $396.1m12.2m shares
Squarepoint Ops LLC Added $121.9m3.8m shares
BANK OF AMERICA CORP /DE/ Added $86.6m2.7m shares
Schonfeld Strategic Advisors LLC Added $45.2m1.4m shares
CITIGROUP INC Added $40.5m1.2m shares
Verition Fund Management LLC New $37.8m1.2m shares
NOMURA HOLDINGS INC Reduced $34.5m1.1m shares
GTS SECURITIES LLC Reduced $26.9m829.1k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 26,514,85826.5m $859.6m $859.6m 0.02% Added +13.2m +13,163,028
2 GOLDMAN SACHS GROUP INC 0.11% of their portfolio NEW YORK, NY 15,966,85716.0m $517.6m $517.6m 0.11% Reduced -2.8m -2,791,204
3 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 7,130,3287.1m $231.2m $231.2m 0.01% Added +4.4m +4,390,258
4 State of Tennessee, Department of Treasury 0.84% of their portfolio NASHVILLE, TN 6,979,3307.0m $226.3m $226.3m 0.84% Reduced -581.8k -581,848
5 Bridgewater Associates, LP 0.76% of their portfolio Westport, CT 4,657,8604.7m $151.0m $151.0m 0.76% Added +1.9m +1,907,126
6 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.20% of their portfolio BALA CYNWYD, PA 4,049,5434.0m $131.3m $131.3m 0.20% Added +3.5m +3,521,547
7 CITIGROUP INC 0.14% of their portfolio NEW YORK, NY 3,877,0533.9m $125.7m $125.7m 0.14% Added +3.0m +2,951,643
8 FIL Ltd 0.10% of their portfolio HAMILTON, D0 3,028,2333.0m $98.2m $98.2m 0.10% Reduced -1.3m -1,312,437
9 UBS Group AG 0.03% of their portfolio ZURICH, V8 2,878,1002.9m $93.3m $93.3m 0.03% Added +211.7k +211,700
10 State of New Jersey Common Pension Fund D 0.27% of their portfolio TRENTON, NJ 2,711,1812.7m $87.9m $87.9m 0.27% New
11 BlackRock Inc. 0.00% of their portfolio New York, NY 2,616,8612.6m $84.8m $84.8m 0.00% Added +1.4m +1,430,050
12 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,326,4352.3m $75.4m $75.4m 0.01% Reduced -1.1m -1,122,774
13 Temasek Holdings (Private) Ltd 0.41% of their portfolio SINGAPORE, U0 2,281,8602.3m $74.0m $74.0m 0.41% Unchanged
14 MBB PUBLIC MARKETS I LLC 4.44% of their portfolio CHICAGO, IL 2,142,0452.1m $69.4m $69.4m 4.44% Reduced -652.9k -652,858
15 BANK OF NOVA SCOTIA 0.14% of their portfolio TORONTO, A6 2,092,7762.1m $67.8m $67.8m 0.14% Reduced -1.5m -1,460,077
16 HSBC HOLDINGS PLC 0.04% of their portfolio LONDON, X0 1,686,3801.7m $54.7m $54.7m 0.04% Added +1.4m +1,432,830
17 SG Americas Securities, LLC 0.25% of their portfolio NEW YORK, NY 1,507,3351.5m $48.9m $48.9m 0.25% Added +1.5m +1,473,029
18 NATIONAL BANK OF CANADA /FI/ 0.08% of their portfolio MONTREAL, A8 1,462,8551.5m $46.2m $46.2m 0.08% Added +1.5m +1,459,130
19 CREDIT SUISSE AG/ 0.04% of their portfolio ZURICH, V8 1,429,7771.4m $46.4m $46.4m 0.04% Added +626.6k +626,628
20 Rafferty Asset Management, LLC 0.15% of their portfolio New York, NY 1,257,1821.3m $40.8m $40.8m 0.15% Reduced -134.0k -133,966
21 Qube Research & Technologies Ltd 0.07% of their portfolio LONDON, X0 1,254,4381.3m $40.7m $40.7m 0.07% Added +1.3m +1,251,583
22 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 1,240,5861.2m $40.2m $40.2m 0.04% Added +1.0m +1,045,067
23 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 1,219,7891.2m $39.5m $39.5m 0.02% Added +66.1k +66,111
24 BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio PARIS, I0 1,199,4491.2m $38.9m $38.9m 0.05% Reduced -259.9k -259,883
25 Korea Investment CORP 0.10% of their portfolio SEOUL, M5 1,163,5301.2m $37.7m $37.7m 0.10% Unchanged
26 Man Group plc 0.10% of their portfolio LONDON, X0 1,147,1561.1m $37.2m $37.2m 0.10% Reduced -1.3m -1,261,820
27 Provida Pension Fund Administrator 0.75% of their portfolio LAS CONDES, SANTIAGO, F3 934,175934.2k $30.3m $30.3m 0.75% Reduced -54.3k -54,260
28 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 877,727877.7k $28.5m $28.5m 0.04% Reduced -805.8k -805,820
29 Ilmarinen Mutual Pension Insurance Co 0.30% of their portfolio HELSINKI, H9 762,642762.6k $24.7m $24.7m 0.30% Unchanged
30 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 683,628683.6k $22.2m $22.2m 0.02% Added +430.9k +430,856
31 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 666,904666.9k $21.6m $21.6m 0.01% Added +297.3k +297,270
32 New Harbor Financial Group, LLC 7.55% of their portfolio WORCESTER, MA 628,056628.1k $20.4m $20.4m 7.55% Added +9.2k +9,189
33 Rokos Capital Management LLP 0.51% of their portfolio LONDON, X0 612,996613.0k $19.9m $19.9m 0.51% Reduced -3.9m -3,947,583
34 VPR Management LLC 5.46% of their portfolio HOUSTON, TX 606,500606.5k $19.7m $19.7m 5.46% Unchanged
35 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 548,187548.2k $17.8m $17.8m 0.00% Added +315.6k +315,563
36 FLAGSHIP HARBOR ADVISORS, LLC 1.13% of their portfolio BOSTON, MA 540,979541.0k $17.5m $17.5m 1.13% New
37 TUDOR INVESTMENT CORP ET AL 0.21% of their portfolio STAMFORD, CT 539,288539.3k $17.5m $17.5m 0.21% Added +463.4k +463,386
38 Millburn Ridgefield LLC /DE/ 0.48% of their portfolio New York, NY 530,401530.4k $17.2m $17.2m 0.48% Added +59.8k +59,843
39 Catalyst Capital Advisors LLC 0.41% of their portfolio San Juan, PR 530,401530.4k $17.2m $17.2m 0.41% Added +59.8k +59,843
40 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.19% of their portfolio Madrid, U3 500,014500.0k $16.2m $16.2m 0.19% Added +81.7k +81,652
41 Graham Capital Management, L.P. 0.37% of their portfolio ROWAYTON, CT 400,000400.0k $13.0m $13.0m 0.37% Added +300.0k +300,000
42 Morningstar Investment Services LLC 0.12% of their portfolio CHICAGO, IL 346,575346.6k $11.3m $11.3m 0.12% Reduced -1.2m -1,219,285
43 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 333,170333.2k $10.8m $10.8m 0.00% Reduced -207.5k -207,513
44 Avanda Investment Management Pte. Ltd. 1.43% of their portfolio SINGAPORE, U0 329,000329.0k $10.7m $10.7m 1.43% Reduced -134.5k -134,509
45 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 321,876321.9k $10.4m $10.4m 0.00% Reduced -146.6k -146,572
46 AFFINITY WEALTH MANAGEMENT LLC 1.78% of their portfolio WILMINGTON, DE 296,335296.3k $9.6m $9.6m 1.78% Added +12.4k +12,357
47 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 288,263288.3k $9.3m $9.3m 0.01% New
48 Squarepoint Ops LLC 0.04% of their portfolio NEW YORK, NY 284,345284.3k $9.2m $9.2m 0.04% New
49 SPINNAKER TRUST 0.57% of their portfolio PORTLAND, ME 272,019272.0k $8.8m $8.8m 0.57% Added +3.0k +3,041
50 MYDA Advisors LLC 3.05% of their portfolio WOODMERE, NY 270,000270.0k $8.8m $8.8m 3.05% Unchanged
51 Venture Visionary Partners LLC 0.39% of their portfolio Sylvania, OH 253,516253.5k $8.2m $8.2m 0.39% Added +35.4k +35,363
52 BANQUE PICTET & CIE SA 0.09% of their portfolio GENEVA 73, V8 251,935251.9k $8.2m $8.2m 0.09% Unchanged
53 AlTi Global, Inc. 0.22% of their portfolio NEW YORK, NY 244,828244.8k $7.9m $7.9m 0.22% Reduced -44.2k -44,200
54 STRS OHIO 0.03% of their portfolio COLUMBUS, OH 240,000240.0k $7.8m $7.8m 0.03% Unchanged
55 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 227,727227.7k $7.4m $7.4m 0.02% Added +3.2k +3,215
56 Whitcomb & Hess, Inc. 2.27% of their portfolio ASHLAND, OH 217,621217.6k $7.1m $7.1m 2.27% Added +3.8k +3,759
57 Susquehanna International Group Ltd. 1.65% of their portfolio DUBLIN, L2 215,473215.5k $7.0m $7.0m 1.65% Reduced -214.0k -214,001
58 Cairn Investment Group, Inc. 3.88% of their portfolio VANCOUVER, WA 208,745208.7k $6.8m $6.8m 3.88% New
59 ING GROEP NV 0.05% of their portfolio AMSTERDAM, P7 202,590202.6k $6.6m $6.6m 0.05% Unchanged
60 Pekin Hardy Strauss, Inc. 0.86% of their portfolio CHICAGO, IL 194,119194.1k $6.3m $6.3m 0.86% Added +12.9k +12,887
61 Schonfeld Strategic Advisors LLC 0.05% of their portfolio NEW YORK, NY 193,398193.4k $6.3m $6.3m 0.05% New
62 Private Wealth Advisors, LLC 2.54% of their portfolio Fresno, CA 186,946186.9k $6.1m $6.1m 2.54% Reduced -8.2k -8,175
63 Polianta Ltd 2.90% of their portfolio ST HELIER, Y9 183,800183.8k $6.0m $6.0m 2.90% New
64 GTS SECURITIES LLC 0.15% of their portfolio NEW YORK, NY 173,098173.1k $5.6m $5.6m 0.15% Added +61.5k +61,533
65 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 170,101170.1k $5.5m $5.5m 0.01% Reduced -65.8k -65,837
66 Banco Santander, S.A. 0.06% of their portfolio Madrid, U3 166,172166.2k $5.4m $5.4m 0.06% Added +95.9k +95,865
67 Veltria Advisors Corp. 1.35% of their portfolio MIAMI, FL 161,709161.7k $5.2m $5.2m 1.35% Added +82.2k +82,167
68 SIMPLEX TRADING, LLC 0.15% of their portfolio CHICAGO, IL 157,247157.2k $5.1m $5.1m 0.15% New
69 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 156,400156.4k $5.1m $5.1m 0.01% Reduced -328.2k -328,200
70 DRW Securities, LLC 0.29% of their portfolio CHICAGO, IL 154,483154.5k $5.0m $5.0m 0.29% Reduced -402.2k -402,227
71 MOON CAPITAL MANAGEMENT LP 4.87% of their portfolio NEW YORK, NY 149,598149.6k $4.8m $4.8m 4.87% Added +80.0k +80,000
72 Itau Unibanco Holding S.A. 0.21% of their portfolio SAO PAULO, D5 147,824147.8k $4.8m $4.8m 0.21% Reduced -295.3k -295,276
73 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 145,865145.9k $4.7m $4.7m 0.00% Reduced -46.2k -46,208
74 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 142,583142.6k $4.6m $4.6m 0.01% Reduced -10.2k -10,159
75 Alaska Permanent Fund Corp 0.06% of their portfolio JUNEAU, AK 133,546133.5k $4.3m $4.3m 0.06% Reduced -608.3k -608,281
76 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 129,730129.7k $4.2m $4.2m 0.01% Reduced -207 -207
77 CREDIT AGRICOLE S A 0.07% of their portfolio Montrouge Cedex, I0 129,623129.6k $3.9m $3.9m 0.07% Added +26.3k +26,292
78 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 129,238129.2k $4.2m $4.2m 0.00% Reduced -3.6k -3,587
79 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 123,266123.3k $4.0m $4.0m 0.00% Reduced -1.0m -1,002,324
80 ACCESS FINANCIAL SERVICES, INC. 1.70% of their portfolio MINNEAPOLIS, MN 117,385117.4k $3.8m $3.8m 1.70% Added +14.7k +14,727
81 STEVENS CAPITAL MANAGEMENT LP 0.68% of their portfolio RADNOR, PA 108,300108.3k $3.5m $3.5m 0.68% Added +25.9k +25,900
82 Ionic Capital Management LLC 2.00% of their portfolio NEW YORK, NY 100,971101.0k $3.3m $3.3m 2.00% Unchanged
83 Brevan Howard Capital Management LP 0.29% of their portfolio ST. HELIER, Y9 100,000100.0k $3.2m $3.2m 0.29% Reduced -3.0k -3,040
84 EVERGREEN CAPITAL MANAGEMENT LLC 0.12% of their portfolio Bellevue, WA 97,20497.2k $3.2m $3.2m 0.12% Reduced -500 -500
85 Arkadios Wealth Advisors 0.24% of their portfolio ATLANTA, GA 96,61896.6k $3.1m $3.1m 0.24% Added +16.7k +16,727
86 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 96,12496.1k $3.1m $3.1m 0.00% Reduced -1.2k -1,203
87 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 95,44495.4k $3.1m $3.1m 0.01% Added +75.7k +75,686
88 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 94,73694.7k $3.1m $3.1m 0.01% Reduced -21.1k -21,087
89 Privium Fund Management (UK) Ltd 1.46% of their portfolio LONDON, X0 92,17792.2k $3.0m $3.0m 1.46% Unchanged
90 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 84,23084.2k $2.7m $2.7m 0.00% Reduced -749 -749
91 GARDA CAPITAL PARTNERS LP 1.28% of their portfolio WAYZATA, MN 84,15084.2k $2.7m $2.7m 1.28% New
92 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 83,46183.5k $2.7m $2.7m 0.01% Added +31.1k +31,139
93 Michelson Medical Research Foundation, Inc. 1.60% of their portfolio Los Angeles, CA 81,30081.3k $2.6m $2.6m 1.60% Unchanged
94 GREENWOOD CAPITAL ASSOCIATES LLC 0.33% of their portfolio GREENWOOD, SC 76,97077.0k $2.5m $2.5m 0.33% Reduced -78.0k -78,018
95 Regency Capital Management Inc.\DE 1.58% of their portfolio HONOLULU, HI 76,55676.6k $2.5m $2.5m 1.58% New
96 PRINCIPAL SECURITIES, INC. 0.07% of their portfolio DES MOINES, IA 72,78972.8k $2.4m $2.4m 0.07% Reduced -7.6k -7,593
97 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 70,47370.5k $2.3m $2.3m 0.00% Unchanged
98 Ratio Wealth Group 0.41% of their portfolio DENVER, CO 68,25968.3k $2.2m $2.2m 0.41% Added +5.2k +5,179
99 Global Assets Advisory, LLC 0.08% of their portfolio ORLANDO, FL 66,84366.8k $2.1k $2.1k 0.08% New
100 GSA CAPITAL PARTNERS LLP 0.17% of their portfolio LONDON, X0 66,61766.6k $2.2m $2.2m 0.17% Added +4.0k +4,017