Vault-13

ISHARES INC EWZ

MSCI BRAZIL ETF · ETP · CUSIP 464286400 · ISIN US4642864007

403 institutional holders -11 vs Q1 2026
181,652,821181.7m shares reported held*
$6.3bnreported value*
70 new 148 added 116 reduced 82 sold out net bought ≈ $1.3bn (+36.7m 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 ($140.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $34.51. Options: 70 managers hold calls ($7.3bn notional), 34 hold puts ($2.6bn).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 241Q4 22: 262Q1 23: 243Q2 23: 283Q3 23: 292Q4 23: 327Q1 24: 292Q2 24: 257Q3 24: 238Q4 24: 242Q1 25: 272Q2 25: 328Q3 25: 312Q4 25: 334Q1 26: 414Q2 26: 403403Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022241
Q4 2022262
Q1 2023243
Q2 2023283
Q3 2023292
Q4 2023327
Q1 2024292
Q2 2024257
Q3 2024238
Q4 2024242
Q1 2025272
Q2 2025328
Q3 2025312
Q4 2025334
Q1 2026414
Q2 2026403

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 24: 88 bought or addedQ3 24: 140 cut or sold outQ4 24: 117 bought or addedQ4 24: 125 cut or sold outQ4 24Q1 25: 141 bought or addedQ1 25: 122 cut or sold outQ2 25: 209 bought or addedQ2 25: 111 cut or sold outQ2 25Q3 25: 147 bought or addedQ3 25: 148 cut or sold outQ4 25: 172 bought or addedQ4 25: 137 cut or sold outQ4 25Q1 26: 265 bought or addedQ1 26: 142 cut or sold outQ2 26: 218 bought or addedQ2 26: 198 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202488140
Q4 2024117125
Q1 2025141122
Q2 2025209111
Q3 2025147148
Q4 2025172137
Q1 2026265142
Q2 2026218198

Calls vs puts

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

CallsPuts
$0$2.5bn$5bn$7.5bn$10bnQ3 25 calls: $5.5bnQ3 25 puts: $3.2bnQ3 25P/C 0.58Q4 25 calls: $5.3bnQ4 25 puts: $2.5bnQ4 25P/C 0.46Q1 26 calls: $8.4bnQ1 26 puts: $2.9bnQ1 26P/C 0.35Q2 26 calls: $7.3bnQ2 26 puts: $2.6bnQ2 26P/C 0.36
Numbers
QuarterCallsPutsP/C
Q3 2025$5.5bn$3.2bn0.58
Q4 2025$5.3bn$2.5bn0.46
Q1 2026$8.4bn$2.9bn0.35
Q2 2026$7.3bn$2.6bn0.36

Biggest buyers

GOLDMAN SACHS GROUP INC Added +12,651,753+12.7m
Schonfeld Strategic Advisors LLC New +9,366,387+9.4m
CAPITOLIS LIQUID GLOBAL MARKETS LLC New +8,220,400+8.2m
MORGAN STANLEY Added +7,936,647+7.9m
D. E. Shaw & Co., Inc. New +7,120,968+7.1m
Nearwater Capital Markets, Ltd New +3,700,000+3.7m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP New +3,571,651+3.6m
BANK OF AMERICA CORP /DE/ Added +3,024,053+3.0m
Turim 21 Investimentos Ltda. Added +2,591,366+2.6m
NATIONAL BANK OF CANADA /FI/ Added +2,512,885+2.5m

Biggest sellers

BANK OF NOVA SCOTIA Reduced -4,904,240-4.9m
NWI MANAGEMENT LP Sold out -3,720,000-3.7m
Allspring Global Investments Holdings, LLC Reduced -3,095,659-3.1m
Brevan Howard Capital Management LP Sold out -3,070,495-3.1m
BESSEMER GROUP INC Reduced -2,831,108-2.8m
PointState Capital LP Sold out -2,422,975-2.4m
Varma Mutual Pension Insurance Co Sold out -1,800,550-1.8m
Squarepoint Ops LLC Sold out -1,627,782-1.6m
UBS Group AG Reduced -1,464,916-1.5m
BANK OF MONTREAL /CAN/ Reduced -1,432,172-1.4m

Biggest calls

CITADEL ADVISORS LLC Reduced $1.3bn38.2m shares
UBS Group AG Added $854.9m24.8m shares
Optiver Holding B.V. Reduced $757.9m22.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $751.3m21.8m shares
GOLDMAN SACHS GROUP INC Reduced $585.7m17.0m shares
JANE STREET GROUP, LLC Added $509.9m14.8m shares
Absolute Gestao de Investimentos Ltda. Added $293.2m8.5m shares
BARCLAYS PLC Reduced $171.1m5.0m shares
IMC-Chicago, LLC Added $167.5m4.8m shares
CITIGROUP INC Reduced $148.3m4.3m shares

Biggest puts

Schonfeld Strategic Advisors LLC New $481.4m14.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $478.7m13.9m shares
JANE STREET GROUP, LLC Added $297.0m8.6m shares
CITADEL ADVISORS LLC Added $257.9m7.5m shares
BARCLAYS PLC Added $218.6m6.3m shares
GOLDMAN SACHS GROUP INC Reduced $159.8m4.6m shares
CITIGROUP INC Reduced $85.6m2.5m shares
Squarepoint Ops LLC Added $82.9m2.4m shares
Jain Global LLC Reduced $63.8m1.9m shares
MILLENNIUM MANAGEMENT LLC Added $54.1m1.6m 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 28,566,28928.6m $985.5m $985.5m 0.05% Added +7.9m +7,936,647
2 GOLDMAN SACHS GROUP INC 0.07% of their portfolio NEW YORK, NY 19,097,17119.1m $658.9m $658.9m 0.07% Added +12.7m +12,651,753
3 Schonfeld Strategic Advisors LLC 1.71% of their portfolio NEW YORK, NY 9,366,3879.4m $323.1m $323.1m 1.71% New
4 CAPITOLIS LIQUID GLOBAL MARKETS LLC 1.23% of their portfolio NEW YORK, NY 8,220,4008.2m $283.6m $283.6m 1.23% New
5 D. E. Shaw & Co., Inc. 0.15% of their portfolio New York, NY 7,120,9687.1m $245.7m $245.7m 0.15% New
6 UBS Group AG 0.04% of their portfolio ZURICH, V8 6,836,6516.8m $235.9m $235.9m 0.04% Reduced -1.5m -1,464,916
7 State of Tennessee, Department of Treasury 0.53% of their portfolio NASHVILLE, TN 5,133,2405.1m $177.1m $177.1m 0.53% Reduced -799.5k -799,473
8 Phoenix Financial Ltd. 1.18% of their portfolio Givatayim, L3 4,992,0005.0m $172.2m $172.2m 1.18% Added +1.8m +1,755,000
9 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 4,853,8624.9m $167.5m $167.5m 0.01% Added +3.0m +3,024,053
10 BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio PARIS, I0 3,750,9113.8m $129.4m $129.4m 0.07% Reduced -743.8k -743,810
11 Nearwater Capital Markets, Ltd 2.20% of their portfolio NEW YORK, NY 3,700,0003.7m $127.7m $127.7m 2.20% New
12 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio BOSTON, MA 3,571,6513.6m $123.2m $123.2m 0.05% New
13 Duquesne Family Office LLC 2.72% of their portfolio New York, NY 3,436,1703.4m $118.5m $118.5m 2.72% Unchanged
14 NATIONAL BANK OF CANADA /FI/ 0.09% of their portfolio MONTREAL, A8 2,913,5872.9m $100.5m $100.5m 0.09% Added +2.5m +2,512,885
15 CITIGROUP INC 0.04% of their portfolio NEW YORK, NY 2,742,1472.7m $94.6m $94.6m 0.04% Added +1.8m +1,832,084
16 Turim 21 Investimentos Ltda. 14.64% of their portfolio RIO DE JANEIRO, D5 2,602,6392.6m $89.8m $89.8m 14.64% Added +2.6m +2,591,366
17 MEITAV INVESTMENT HOUSE LTD 0.58% of their portfolio BENE-BERAQ, L3 2,479,2472.5m $85.5m $85.5m 0.58% New
18 FIL Ltd 0.06% of their portfolio HAMILTON, D0 2,369,0832.4m $81.7m $81.7m 0.06% Reduced -150.4k -150,416
19 Itau Unibanco Holding S.A. 1.43% of their portfolio SAO PAULO, D5 2,105,5992.1m $72.6m $72.6m 1.43% Added +1.1m +1,063,290
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.06% of their portfolio BALA CYNWYD, PA 2,049,1002.0m $70.7m $70.7m 0.06% Added +307.5k +307,501
21 CIBC Bancorp USA Inc. 0.08% of their portfolio CHICAGO, IL 1,937,5001.9m $66.8m $66.8m 0.08% New
22 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 1,797,3171.8m $62.0m $62.0m 0.01% Added +564.2k +564,165
23 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 1,683,8321.7m $58.1m $58.1m 0.02% Added +521.0k +520,974
24 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,524,8541.5m $52.6m $52.6m 0.01% Reduced -111.6k -111,567
25 Jain Global LLC 0.61% of their portfolio NEW YORK, NY 1,499,7751.5m $51.7m $51.7m 0.61% Reduced -973.5k -973,512
26 SG Americas Securities, LLC 0.03% of their portfolio NEW YORK, NY 1,474,2531.5m $50.9m $50.9m 0.03% Reduced -870.0k -869,997
27 Rafferty Asset Management, LLC 0.11% of their portfolio New York, NY 1,374,1941.4m $47.4m $47.4m 0.11% Reduced -251.1k -251,110
28 DRW Securities, LLC 2.75% of their portfolio CHICAGO, IL 1,337,4301.3m $46.1m $46.1m 2.75% Added +1.3m +1,312,430
29 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,301,6061.3m $44.9m $44.9m 0.01% Added +144.8k +144,813
30 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,229,6281.2m $42.5m $42.5m 0.00% Reduced -469.0k -469,045
31 Bank Julius Baer & Co. Ltd, Zurich 0.11% of their portfolio ZURICH, V8 1,201,5451.2m $41.5m $41.5m 0.11% Added +86.1k +86,146
32 Banco BTG Pactual S.A. 5.12% of their portfolio RIO DE JANEIRO, D5 1,115,0731.1m $38.5m $38.5m 5.12% Added +364.0k +364,000
33 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 1,028,2691.0m $35.5m $35.5m 0.03% Added +60.2k +60,226
34 MKP Capital Management, L.L.C. 0.96% of their portfolio New York, NY 1,010,0001.0m $34.8m $34.8m 0.96% Reduced -63.0k -63,000
35 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.21% of their portfolio Madrid, U3 975,646975.6k $33.6m $33.6m 0.21% Reduced -1.4m -1,371,954
36 Randolph Co Inc 2.52% of their portfolio Cincinnati, OH 868,566868.6k $30.0m $30.0m 2.52% Reduced -1.2k -1,204
37 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 860,254860.3k $29.7m $29.7m 0.03% Added +845.6k +845,554
38 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 852,090852.1k $29.4m $29.4m 0.01% Added +25.5k +25,460
39 Korea Investment CORP 0.05% of their portfolio SEOUL, M5 837,993838.0k $28.9m $28.9m 0.05% Reduced -293.7k -293,681
40 Optiver Holding B.V. 0.41% of their portfolio AMSTERDAM, P7 825,156825.2k $28.5m $28.5m 0.41% New
41 ARMSTRONG ADVISORY GROUP, INC 1.59% of their portfolio NEEDHAM, MA 755,740755.7k $26.1m $26.1m 1.59% Added +23.2k +23,250
42 CAPSTONE INVESTMENT ADVISORS, LLC 0.18% of their portfolio NEW YORK, NY 748,291748.3k $25.8m $25.8m 0.18% Added +692.0k +692,044
43 Millburn Ridgefield LLC /DE/ 0.48% of their portfolio New York, NY 735,538735.5k $25.4m $25.4m 0.48% Added +83.7k +83,670
44 Catalyst Capital Advisors LLC 0.42% of their portfolio San Juan, PR 735,538735.5k $25.4m $25.4m 0.42% Added +83.7k +83,670
45 BlackRock, Inc. 0.00% of their portfolio New York, NY 730,738730.7k $25.2m $25.2m 0.00% Reduced -1.1m -1,092,170
46 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 697,268697.3k $24.1m $24.1m 0.03% New
47 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 688,884688.9k $23.8m $23.8m 0.02% Added +94.6k +94,624
48 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 679,737679.7k $23.5m $23.5m 0.01% New
49 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 644,853644.9k $22.2m $22.2m 0.01% Added +442.0k +441,978
50 Verition Fund Management LLC 0.15% of their portfolio GREENWICH, CT 638,080638.1k $22.0m $22.0m 0.15% Added +71.6k +71,630
51 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 621,384621.4k $21.4m $21.4m 0.00% Reduced -213.0k -213,024
52 BANK OF NOVA SCOTIA 0.03% of their portfolio TORONTO, A6 602,788602.8k $20.8m $20.8m 0.03% Reduced -4.9m -4,904,240
53 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 0.84% of their portfolio Tel Aviv, L3 592,275592.3k $20.4m $20.4m 0.84% New
54 SPX Gestao de Recursos Ltda 2.23% of their portfolio RIO DE JANEIRO, D5 581,348581.3k $20.1m $20.1m 2.23% Added +88.2k +88,180
55 Jump Financial, LLC 0.17% of their portfolio Chicago, IL 562,390562.4k $19.4m $19.4m 0.17% New
56 Corecam Pte. Ltd. 7.34% of their portfolio SINGAPORE, U0 561,885561.9k $19.4m $19.4m 7.34% Added +49.4k +49,425
57 Mount Lucas Management LP 6.76% of their portfolio Newtown, PA 550,366550.4k $19.0m $19.0m 6.76% Added +2.8k +2,802
58 Balyasny Asset Management L.P. 0.03% of their portfolio Chicago, IL 529,503529.5k $18.3m $18.3m 0.03% Reduced -417.2k -417,176
59 Graham Capital Management, L.P. 0.43% of their portfolio ROWAYTON, CT 462,000462.0k $15.9m $15.9m 0.43% Reduced -5.5k -5,477
60 Federation des caisses Desjardins du Quebec 0.05% of their portfolio LEVIS, A8 438,879438.9k $15.1m $15.1m 0.05% Reduced -17.0k -16,960
61 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 438,672438.7k $15.1m $15.1m 0.00% Added +5.1k +5,102
62 Banco Santander, S.A. 0.09% of their portfolio Madrid, U3 434,317434.3k $15.0m $15.0m 0.09% Added +204.0k +203,963
63 Black Swift Group, LLC 2.05% of their portfolio BOULDER, CO 410,341410.3k $14.2m $14.2m 2.05% Added +47.1k +47,071
64 Pekin Hardy Strauss, Inc. 1.24% of their portfolio CHICAGO, IL 409,503409.5k $14.1m $14.1m 1.24% Added +10.6k +10,603
65 VPR Management LLC 5.45% of their portfolio HOUSTON, TX 393,400393.4k $13.6m $13.6m 5.45% Unchanged
66 STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio MADISON, WI 367,100367.1k $12.7m $12.7m 0.03% Added +248.8k +248,800
67 Moran Wealth Management, LLC 0.34% of their portfolio NAPLES, FL 364,938364.9k $12.6m $12.6m 0.34% Added +8.4k +8,354
68 EVERGREEN CAPITAL MANAGEMENT LLC 0.21% of their portfolio Bellevue, WA 343,958344.0k $11.9m $11.9m 0.21% Added +1.3k +1,345
69 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 331,170331.2k $11.4m $11.4m 0.02% Added +18.7k +18,675
70 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 311,007311.0k $10.7m $10.7m 0.01% Reduced -24.5k -24,493
71 Quantitative Investment Management, LLC 1.15% of their portfolio CHARLOTTESVILLE, VA 306,667306.7k $10.6m $10.6m 1.15% New
72 Hamilton Wealth, LLC 1.84% of their portfolio LOS ANGELES, CA 290,320290.3k $10.0m $10.0m 1.84% Reduced -50.1k -50,105
73 Massar Capital Management, LP 3.41% of their portfolio STAMFORD, CT 287,932287.9k $9.9m $9.9m 3.41% Added +52.9k +52,932
74 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 287,678287.7k $9.9m $9.9m 0.01% Reduced -701.6k -701,622
75 Whitcomb & Hess, Inc. 2.14% of their portfolio ASHLAND, OH 287,501287.5k $9.9m $9.9m 2.14% Added +7.0k +7,043
76 FLAX POND CAPITAL, LLC 3.83% of their portfolio MERION STATION, PA 285,026285.0k $10.4m $10.4m 3.83% Added +149.2k +149,233
77 Cairn Investment Group, Inc. 4.33% of their portfolio VANCOUVER, WA 284,345284.3k $9.8m $9.8m 4.33% Reduced -445 -445
78 Polianta Ltd 1.16% of their portfolio ST HELIER, Y9 271,200271.2k $9.4m $9.4m 1.16% New
79 Glenorchy Capital Ltd 5.79% of their portfolio BOOROLITE, C3 268,876268.9k $9.3m $9.3m 5.79% Added +2.8k +2,849
80 Karpus Management, Inc. 0.26% of their portfolio Pittsford, NY 261,401261.4k $9.0m $9.0m 0.26% Added +8.0k +8,002
81 Atom Investors LP 0.72% of their portfolio AUSTIN, TX 234,771234.8k $8.1m $8.1m 0.72% New
82 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 233,390233.4k $8.1m $8.1m 0.00% Reduced -44.6k -44,580
83 Corecam AG 6.84% of their portfolio ZURICH, V8 232,150232.2k $8.0m $8.0m 6.84% Added +8.9k +8,950
84 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 231,793231.8k $8.0m $8.0m 0.01% Added +138.6k +138,574
85 Nilsine Partners, LLC 0.55% of their portfolio GREENWOOD VILLAGE, CO 228,895228.9k $7.9m $7.9m 0.55% Added +19.8k +19,835
86 Capital Markets Trading UK LLP 5.59% of their portfolio LONDON, X0 226,855226.9k $7.8m $7.8m 5.59% Reduced -142.0k -141,995
87 Kiker Wealth Management, LLC 2.75% of their portfolio JASPER, GA 204,148204.1k $7.0m $7.0m 2.75% Reduced -7.4k -7,427
88 Man Group plc 0.01% of their portfolio LONDON, X0 203,311203.3k $7.0m $7.0m 0.01% Reduced -608.1k -608,139
89 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 0.85% of their portfolio Tel Aviv, L3 199,725199.7k $6.9m $6.9m 0.85% New
90 STRS OHIO 0.03% of their portfolio COLUMBUS, OH 196,369196.4k $6.8m $6.8m 0.03% Reduced -11.2k -11,211
91 Marex Group Ltd 0.05% of their portfolio London, X0 189,007189.0k $6.5m $6.5m 0.05% Added +86.0k +86,038
92 Jordan Park Group LLC 0.33% of their portfolio SAN FRANCISCO, CA 187,950187.9k $6.5m $6.5m 0.33% Reduced -139.9k -139,899
93 Y-Intercept (Hong Kong) Ltd 0.13% of their portfolio HONG KONG, K3 185,297185.3k $6.4m $6.4m 0.13% New
94 Ted Buchan & Co 2.09% of their portfolio San Diego, CA 185,084185.1k $6.4m $6.4m 2.09% Added +13.7k +13,694
95 NewSquare Capital LLC 0.46% of their portfolio NEWTOWN SQUARE, PA 181,076181.1k $6.2m $6.2m 0.46% Added +14.5k +14,460
96 PING CAPITAL MANAGEMENT, INC. 1.99% of their portfolio NEW YORK, NY 177,800177.8k $6.1m $6.1m 1.99% Unchanged
97 GROUP ONE TRADING LLC 0.17% of their portfolio CHICAGO, IL 174,068174.1k $6.0m $6.0m 0.17% Reduced -398.3k -398,308
98 Financial Sense Advisors, Inc. 1.08% of their portfolio SAN DIEGO, CA 158,751158.8k $5.5m $5.5m 1.08% New
99 Cypress Capital Group 0.51% of their portfolio Palm Beach, FL 158,697158.7k $5.5m $5.5m 0.51% Added +11.5k +11,500
100 Waverly Advisors, LLC 0.03% of their portfolio BIRMINGHAM, AL 153,870153.9k $5.3m $5.3m 0.03% Added +7.5k +7,526