Vault-13

ISHARES INC EWC

MSCI CDA ETF · ETP · CUSIP 464286509

276 institutional holders +6 vs Q3 2023
85,539,24385.5m shares reported held*
$3.1bnreported value*
28 new 83 added 78 reduced 33 sold out net bought ≈ $732.4m (+20.0m 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 ($2.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $36.68. Options: 12 managers hold calls ($146.3m notional), 15 hold puts ($662.7m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 279Q4 22: 284Q1 23: 274Q2 23: 267Q3 23: 270Q4 23: 276276Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022279
Q4 2022284
Q1 2023274
Q2 2023267
Q3 2023270
Q4 2023276

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 120 bought or addedQ4 22: 129 cut or sold outQ4 22Q1 23: 115 bought or addedQ1 23: 121 cut or sold outQ1 23Q2 23: 99 bought or addedQ2 23: 126 cut or sold outQ2 23Q3 23: 95 bought or addedQ3 23: 125 cut or sold outQ3 23Q4 23: 111 bought or addedQ4 23: 111 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022120129
Q1 2023115121
Q2 202399126
Q3 202395125
Q4 2023111111

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ1 23 calls: $176.3mQ1 23 puts: $705.9mQ1 23P/C 4.00Q2 23 calls: $170.2mQ2 23 puts: $706.8mQ2 23P/C 4.15Q3 23 calls: $165.1mQ3 23 puts: $458.4mQ3 23P/C 2.78Q4 23 calls: $146.3mQ4 23 puts: $662.7mQ4 23P/C 4.53
Numbers
QuarterCallsPutsP/C
Q1 2023$176.3m$705.9m4.00
Q2 2023$170.2m$706.8m4.15
Q3 2023$165.1m$458.4m2.78
Q4 2023$146.3m$662.7m4.53

Biggest buyers

JPMORGAN CHASE & CO Added +18,426,672+18.4m
Varma Mutual Pension Insurance Co Added +3,855,000+3.9m
MORGAN STANLEY Added +1,761,870+1.8m
VICTORY CAPITAL MANAGEMENT INC Added +1,057,721+1.1m
Korea Investment CORP Added +609,872+609.9k
Horizon Investments, LLC Added +532,277+532.3k
Twin Tree Management, LP New +468,466+468.5k
PRUDENTIAL PLC New +403,929+403.9k
WEXFORD CAPITAL LP New +271,555+271.6k
ROYAL BANK OF CANADA Added +264,611+264.6k

Biggest sellers

BARCLAYS PLC Reduced -3,315,655-3.3m
State of Tennessee, Department of Treasury Reduced -1,080,555-1.1m
FIL Ltd Reduced -878,604-878.6k
LPL Financial LLC Reduced -587,147-587.1k
Composition Wealth, LLC Reduced -334,001-334.0k
GOLDMAN SACHS GROUP INC Reduced -285,741-285.7k
BANK OF AMERICA CORP /DE/ Reduced -273,401-273.4k
Karpus Management, Inc. Sold out -251,326-251.3k
CREDIT SUISSE AG/ Reduced -242,211-242.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -206,052-206.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $46.9m1.3m shares
GOLDMAN SACHS GROUP INC Unchanged $36.7m1.0m shares
BARCLAYS PLC New $25.7m700.0k shares
JANE STREET GROUP, LLC Reduced $17.6m479.2k shares
Schonfeld Strategic Advisors LLC New $10.6m290.0k shares
NATIONAL BANK OF CANADA /FI/ New $5.4m1.5k shares
ROYAL BANK OF CANADA Reduced $1.7m45.0k shares
WOLVERINE TRADING, LLC New $579.5k15.8k shares
CITADEL ADVISORS LLC Added $550.2k15.0k shares
BANK OF AMERICA CORP /DE/ Unchanged $293.4k8.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $303.5m8.3m shares
ROYAL BANK OF CANADA Reduced $121.0m3.3m shares
BARCLAYS PLC New $99.0m2.7m shares
UBS Group AG Unchanged $51.4m1.4m shares
GOLDMAN SACHS GROUP INC New $18.3m500.0k shares
Anson Funds Management LP Added $18.3m500.0k shares
CITADEL ADVISORS LLC Reduced $17.6m479.5k shares
WELLS FARGO & COMPANY/MN New $12.8m350.0k shares
MILLENNIUM MANAGEMENT LLC Unchanged $11.0m300.0k shares
WOLVERINE TRADING, LLC New $8.2m223.0k 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock Portfolio Management LLC 13G · institution +6.4 pts · filed 2026-10-05 26.1% +6.4 pts 31.4m≈ $1.8bn 2026-10-05
FMR LLC 13G · institution new · filed 2026-08-06 5.8% new 6.0m≈ $344.8m 2026-08-06

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.07% of their portfolio NEW YORK, NY 39,481,17439.5m $1.4bn $1.4bn 0.07% Added +18.4m +18,426,672
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,911,8344.9m $180.2m $180.2m 0.01% Added +1.8m +1,761,870
3 Varma Mutual Pension Insurance Co 1.85% of their portfolio Varma, H9 4,501,2664.5m $165.1m $165.1m 1.85% Added +3.9m +3,855,000
4 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 2,810,0522.8m $103.1m $103.1m 0.03% Added +264.6k +264,611
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,908,0971.9m $70.0m $70.0m 0.01% Reduced -273.4k -273,401
6 Asset Management One Co., Ltd. 0.27% of their portfolio TOKYO, M0 1,858,7411.9m $68.2m $68.2m 0.27% Added +6.1k +6,107
7 Korea Investment CORP 0.16% of their portfolio SEOUL, M5 1,686,4421.7m $61.9m $61.9m 0.16% Added +609.9k +609,872
8 VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio San Antonio, TX 1,535,4031.5m $56.3m $56.3m 0.06% Added +1.1m +1,057,721
9 ASSETMARK, INC 0.20% of their portfolio CONCORD, CA 1,516,6651.5m $55.6m $55.6m 0.20% Added +18.2k +18,197
10 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 1,261,8151.3m $46.3m $46.3m 0.02% Added +14.0k +13,999
11 State of Tennessee, Department of Treasury 0.18% of their portfolio NASHVILLE, TN 1,258,1131.3m $46.1m $46.1m 0.18% Reduced -1.1m -1,080,555
12 BlackRock Inc. 0.00% of their portfolio New York, NY 1,145,0201.1m $42.0m $42.0m 0.00% Added +232.4k +232,427
13 Mirae Asset Global Investments Co., Ltd. 0.08% of their portfolio SEOUL, M5 1,019,2001.0m $37.4m $37.4m 0.08% Added +114.9k +114,900
14 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 1,017,0451.0m $37.3m $37.3m 0.01% Reduced -5.3k -5,278
15 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 858,726858.7k $31.5m $31.5m 0.01% Added +80.6k +80,578
16 STRS OHIO 0.13% of their portfolio COLUMBUS, OH 839,600839.6k $30.8m $30.8m 0.13% Unchanged
17 Allspring Global Investments Holdings, LLC 0.05% of their portfolio CHARLOTTE, NC 827,627827.6k $30.4m $30.4m 0.05% Reduced -99.0k -99,025
18 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 818,746818.7k $30.0m $30.0m 0.01% Reduced -285.7k -285,741
19 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 812,817812.8k $29.8m $29.8m 0.01% Added +21.5k +21,522
20 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 767,279767.3k $28.1m $28.1m 0.03% Reduced -110.1k -110,074
21 ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP 1.96% of their portfolio Altamonte Springs, FL 693,700693.7k $25.4m $25.4m 1.96% Unchanged
22 UBS Group AG 0.01% of their portfolio ZURICH, V8 568,646568.6k $20.9m $20.9m 0.01% Reduced -201.2k -201,231
23 Horizon Investments, LLC 0.54% of their portfolio Charlotte, NC 532,296532.3k $19.5m $19.5m 0.54% Added +532.3k +532,277
24 GenTrust, LLC 1.22% of their portfolio MIAMI, FL 501,493501.5k $18.4m $18.4m 1.22% Reduced -14.7k -14,703
25 Twin Tree Management, LP 0.31% of their portfolio DALLAS, TX 468,466468.5k $17.2m $17.2m 0.31% New
26 FIL Ltd 0.02% of their portfolio HAMILTON, D0 443,558443.6k $16.3m $16.3m 0.02% Reduced -878.6k -878,604
27 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 438,230438.2k $16.1m $16.1m 0.03% Added +90.3k +90,284
28 Millburn Ridgefield LLC /DE/ 0.48% of their portfolio New York, NY 429,477429.5k $15.8m $15.8m 0.48% Reduced -32.6k -32,589
29 Catalyst Capital Advisors LLC 0.42% of their portfolio San Juan, PR 429,477429.5k $15.8m $15.8m 0.42% Reduced -32.6k -32,589
30 VPR Management LLC 3.99% of their portfolio HOUSTON, TX 419,300419.3k $15.4m $15.4m 3.99% Unchanged
31 PRUDENTIAL PLC 0.16% of their portfolio LONDON, X0 403,929403.9k $14.8m $14.8m 0.16% New
32 Sage Advisory Services, Ltd.Co. 3.35% of their portfolio AUSTIN, TX 341,000341.0k $12.5m $12.5m 3.35% Reduced -2.1k -2,068
33 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 327,064327.1k $12.0m $12.0m 0.00% Reduced -21.2k -21,166
34 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 298,386298.4k $10.9m $10.9m 0.00% Reduced -7.2k -7,173
35 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 276,509276.5k $10.1m $10.1m 0.01% Added +2.2k +2,156
36 WEXFORD CAPITAL LP 2.14% of their portfolio WEST PALM BEACH, FL 271,555271.6k $10.0m $10.0m 2.14% New
37 Polianta Ltd 5.64% of their portfolio ST HELIER, Y9 263,500263.5k $9.7m $9.7m 5.64% New
38 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 252,843252.8k $9.3m $9.3m 0.01% Added +208.6k +208,565
39 COMERICA BANK 0.04% of their portfolio DALLAS, TX 243,479243.5k $8.9m $8.9m 0.04% Reduced -2.6k -2,588
40 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 0.61% of their portfolio BETHESDA, MD 231,800231.8k $8.5m $8.5m 0.61% Unchanged
41 CAMBRIDGE TRUST CO 0.35% of their portfolio BOSTON, MA 230,371230.4k $8.5m $8.5m 0.35% Added +674 +674
42 Zurich Insurance Group Ltd/FI 0.08% of their portfolio ZURICH, V8 213,432213.4k $7.8m $7.8m 0.08% Unchanged
43 NISA INVESTMENT ADVISORS, LLC 0.05% of their portfolio ST. LOUIS, MO 203,000203.0k $7.4m $7.4m 0.05% Added +500 +500
44 Banque Cantonale Vaudoise 0.31% of their portfolio LAUSANNE, V8 197,630197.6k $7.2m $7.2m 0.31% Added +980 +980
45 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.05% of their portfolio HARRISBURG, PA 177,050177.1k $6.5m $6.5m 0.05% Unchanged
46 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 171,334171.3k $6.3m $6.3m 0.01% Reduced -14.3k -14,324
47 PGIM Custom Harvest LLC 0.18% of their portfolio NEWARK, NJ 163,239163.2k $6.0m $6.0m 0.18% Added +36.6k +36,576
48 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 153,474153.5k $5.6m $5.6m 0.01% Added +89.3k +89,296
49 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.06% of their portfolio Madrid, U3 140,735140.7k $5.2m $5.2m 0.06% Added +3.2k +3,168
50 Elm Partners Management LLC 0.46% of their portfolio Philadelphia, PA 139,295139.3k $5.1m $5.1m 0.46% Added +13.5k +13,541
51 SYON CAPITAL LLC 0.21% of their portfolio SAN FRANCISCO, CA 138,418138.4k $5.1m $5.1m 0.21% Added +45.0k +45,031
52 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 131,064131.1k $4.8m $4.8m 0.02% Reduced -10.9k -10,859
53 State of Wyoming 0.88% of their portfolio CHEYENNE, WY 129,096129.1k $4.7m $4.7m 0.88% Reduced -734 -734
54 Ameraudi Asset Management, Inc. 1.94% of their portfolio New York, NY 120,114120.1k $4.4m $4.4m 1.94% Reduced -2.5k -2,550
55 LMCG INVESTMENTS, LLC 0.27% of their portfolio BOSTON, MA 119,235119.2k $4.4m $4.4m 0.27% Reduced -2.1k -2,090
56 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 113,154113.2k $4.2m $4.2m 0.00% Reduced -8.4k -8,395
57 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 108,393108.4k $4.0m $4.0m 0.00% Reduced -242.2k -242,211
58 OLD MISSION CAPITAL LLC 0.11% of their portfolio CHICAGO, IL 106,413106.4k $3.9m $3.9m 0.11% Added +79.2k +79,161
59 NewSquare Capital LLC 0.36% of their portfolio NEWTOWN SQUARE, PA 106,392106.4k $3.8m $3.8m 0.36% Added +12.2k +12,232
60 FMR LLC 0.00% of their portfolio BOSTON, MA 104,828104.8k $3.8m $3.8m 0.00% Added +51.8k +51,761
61 Privium Fund Management (UK) Ltd 2.51% of their portfolio LONDON, X0 101,649101.6k $3.7m $3.7m 2.51% Reduced -10.0k -10,000
62 SOROS FUND MANAGEMENT LLC 0.07% of their portfolio NEW YORK, NY 97,70097.7k $3.6m $3.6m 0.07% Unchanged
63 SG Americas Securities, LLC 0.04% of their portfolio NEW YORK, NY 97,54897.5k $3.6m $3.6m 0.04% Added +5.6k +5,581
64 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 92,88992.9k $3.4m $3.4m 0.03% Reduced -13.8k -13,848
65 Wakefield Asset Management LLLP 1.16% of their portfolio Englewood, CO 85,64085.6k $3.1m $3.1m 1.16% Reduced -500 -500
66 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 85,46885.5k $3.1m $3.1m 0.01% Added +533 +533
67 FLOW TRADERS U.S. LLC 0.10% of their portfolio NEW YORK, NY 85,24885.2k $3.1m $3.1m 0.10% New
68 Federation des caisses Desjardins du Quebec 0.03% of their portfolio LEVIS, A8 83,87083.9k $3.1m $3.1m 0.03% Reduced -19.2k -19,197
69 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 83,59183.6k $3.1m $3.1m 0.00% Reduced -3.3m -3,315,655
70 Taikang Asset Management (Hong Kong) Co Ltd 0.55% of their portfolio HONG KONG, K3 79,82579.8k $2.9m $2.9m 0.55% Unchanged
71 Prostatis Group LLC 1.20% of their portfolio HANOVER, MD 78,06678.1k $2.9m $2.9m 1.20% New
72 New Vernon Capital Holdings II LLC 1.47% of their portfolio Morristown, NJ 74,47474.5k $2.7m $2.7m 1.47% Unchanged
73 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 72,86472.9k $2.7m $2.7m 0.00% Reduced -5 -5
74 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 72,58072.6k $2.7m $2.7m 0.01% Added +31.2k +31,194
75 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 70,62270.6k $2.6m $2.6m 0.00% Reduced -587.1k -587,147
76 Strategic Investment Advisors / MI 0.37% of their portfolio FARMINGTON HILLS, MI 69,30969.3k $2.5m $2.5m 0.37% Added +6.6k +6,612
77 FDx Advisors, Inc. 0.18% of their portfolio BERWYN, PA 64,63564.6k $2.4m $2.4m 0.18% Reduced -4.4k -4,398
78 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 62,17462.2k $2.3m $2.3m 0.00% Reduced -45.7k -45,694
79 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 61,38761.4k $2.3m $2.3m 0.00% Added +5.0k +4,967
80 Candriam S.C.A. 0.02% of their portfolio STRASSEN, N4 60,70060.7k $2.2m $2.2m 0.02% Reduced -10.5k -10,500
81 CUMBERLAND ADVISORS INC 0.95% of their portfolio SARASOTA, FL 60,53560.5k $2.2m $2.2m 0.95% Reduced -3.7k -3,730
82 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 60,15060.1k $2.2m $2.2m 0.01% Reduced -4.2k -4,182
83 Global Endowment Management, LP 0.24% of their portfolio CHARLOTTE, NC 59,84059.8k $2.2m $2.2m 0.24% Unchanged
84 DC Investments Management, LLC 2.10% of their portfolio MCLEAN, VA 56,33656.3k $2.1m $2.1m 2.10% Added +20.3k +20,331
85 Connectus Wealth, LLC 0.04% of their portfolio CINCINNATI, OH 50,32150.3k $1.8m $1.8m 0.04% Reduced -205.2k -205,166
86 CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio PARIS, I0 49,72049.7k $1.8m $1.8m 0.02% Reduced -3.7k -3,700
87 ZACKS INVESTMENT MANAGEMENT 0.02% of their portfolio Chicago, IL 48,14648.1k $1.8m $1.8m 0.02% Reduced -30.8k -30,776
88 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 47,84347.8k $1.8m $1.8m 0.00% New
89 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 45,44645.4k $1.7m $1.7m 0.01% Added +23.1k +23,121
90 SCOTIA CAPITAL INC. 0.01% of their portfolio TORONTO, A6 44,97945.0k $1.6m $1.6m 0.01% Reduced -2.2k -2,152
91 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 43,96044.0k $1.6m $1.6m 0.00% Added +6.6k +6,560
92 TAP Consulting, LLC 0.38% of their portfolio KIRKWOOD, MO 43,74643.7k $1.6m $1.6m 0.38% Reduced -6.0k -6,050
93 SENTINEL PENSION ADVISORS, LLC 0.38% of their portfolio WAKEFIELD, MA 43,55043.5k $1.6m $1.6m 0.38% Unchanged
94 Moneda S.A. Administradora General de Fondos 0.70% of their portfolio LAS CONDES, SANTIAGO, F3 42,56342.6k $1.6m $1.6m 0.70% Reduced -4.5k -4,463
95 Robertson Stephens Wealth Management, LLC 0.09% of their portfolio San Francisco, CA 41,12741.1k $1.5m $1.5m 0.09% Added +2.1k +2,145
96 ALBION FINANCIAL GROUP /UT 0.12% of their portfolio SALT LAKE CITY, UT 39,00039.0k $1.4m $1.4m 0.12% Unchanged
97 1832 Asset Management L.P. 0.00% of their portfolio TORONTO, A6 38,81538.8k $1.4m $1.4m 0.00% Added +5.8k +5,767
98 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 38,77438.8k $1.4m $1.4m 0.00% Reduced -173 -173
99 Legacy PCG, LLC 0.98% of their portfolio IRVINE, CA 38,71838.7k $1.4m $1.4m 0.98% Added +155 +155
100 NorthCrest Asset Manangement, LLC 0.05% of their portfolio PLYMOUTH, MN 37,61437.6k $1.4m $1.4m 0.05% Reduced -740 -740