Vault-13

ISHARES INC EWC

MSCI CDA ETF · ETP · CUSIP 464286509

296 institutional holders +1 vs Q4 2024
53,227,83753.2m shares reported held*
$2.0bnreported value*
42 new 60 added 101 reduced 41 sold out net sold ≈ $70.3m (+2.3m 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 ($1.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $37.60. Options: 12 managers hold calls ($135.2m notional), 15 hold puts ($951.6m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 279Q4 22: 284Q1 23: 274Q2 23: 267Q3 23: 270Q4 23: 276Q1 24: 282Q2 24: 275Q3 24: 279Q4 24: 295Q1 25: 296296Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022279
Q4 2022284
Q1 2023274
Q2 2023267
Q3 2023270
Q4 2023276
Q1 2024282
Q2 2024275
Q3 2024279
Q4 2024295
Q1 2025296

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 99 bought or addedQ2 23: 126 cut or sold outQ3 23: 95 bought or addedQ3 23: 125 cut or sold outQ3 23Q4 23: 111 bought or addedQ4 23: 111 cut or sold outQ1 24: 103 bought or addedQ1 24: 129 cut or sold outQ1 24Q2 24: 100 bought or addedQ2 24: 124 cut or sold outQ3 24: 107 bought or addedQ3 24: 113 cut or sold outQ3 24Q4 24: 128 bought or addedQ4 24: 111 cut or sold outQ1 25: 102 bought or addedQ1 25: 142 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 202399126
Q3 202395125
Q4 2023111111
Q1 2024103129
Q2 2024100124
Q3 2024107113
Q4 2024128111
Q1 2025102142

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bnQ2 24 calls: $63.2mQ2 24 puts: $94.6mQ2 24P/C 1.50Q3 24 calls: $274.3mQ3 24 puts: $749.7mQ3 24P/C 2.73Q4 24 calls: $161.7mQ4 24 puts: $1.2bnQ4 24P/C 7.72Q1 25 calls: $135.2mQ1 25 puts: $951.6mQ1 25P/C 7.04
Numbers
QuarterCallsPutsP/C
Q2 2024$63.2m$94.6m1.50
Q3 2024$274.3m$749.7m2.73
Q4 2024$161.7m$1.2bn7.72
Q1 2025$135.2m$951.6m7.04

Biggest buyers

New Vernon Capital Holdings II LLC Added +4,052,002+4.1m
FIL Ltd New +2,832,913+2.8m
Korea Investment CORP Added +569,707+569.7k
TUDOR INVESTMENT CORP ET AL New +551,909+551.9k
BARCLAYS PLC Added +311,736+311.7k
Qube Research & Technologies Ltd New +244,798+244.8k
Allianz Asset Management GmbH New +213,739+213.7k
Concentric Capital Strategies, LP New +128,675+128.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +124,720+124.7k
CAPITAL FUND MANAGEMENT S.A. Added +101,000+101.0k

Biggest sellers

BANK OF MONTREAL /CAN/ Reduced -920,334-920.3k
JPMORGAN CHASE & CO Reduced -742,548-742.5k
MILLENNIUM MANAGEMENT LLC Sold out -669,991-670.0k
BlackRock, Inc. Reduced -505,036-505.0k
HAP Trading, LLC Reduced -433,875-433.9k
BANK OF AMERICA CORP /DE/ Reduced -414,610-414.6k
ROYAL BANK OF CANADA Reduced -396,990-397.0k
VICTORY CAPITAL MANAGEMENT INC Reduced -389,234-389.2k
Cercano Management LLC Sold out -291,900-291.9k
JANE STREET GROUP, LLC Sold out -261,719-261.7k

Biggest calls

MILLENNIUM MANAGEMENT LLC Added $48.9m1.2m shares
CIBC WORLD MARKET INC. Added $32.9m807.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $16.7m410.8k shares
CITADEL ADVISORS LLC Reduced $15.7m385.4k shares
Walleye Trading LLC Reduced $6.1m150.0k shares
WOLVERINE TRADING, LLC New $5.4m133.3k shares
GROUP ONE TRADING LLC New $4.9m121.0k shares
IMC-Chicago, LLC Added $2.0m49.7k shares
JANE STREET GROUP, LLC Reduced $1.7m41.2k shares
HAP Trading, LLC Reduced $375.0k500.0k shares

Biggest puts

CIBC WORLD MARKET INC. Added $572.8m14.1m shares
MILLENNIUM MANAGEMENT LLC Reduced $74.2m1.8m shares
CITADEL ADVISORS LLC Reduced $73.4m1.8m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $71.3m1.8m shares
BANK OF MONTREAL /CAN/ New $34.1m837.5k shares
TUDOR INVESTMENT CORP ET AL New $33.6m825.0k shares
Walleye Trading LLC Reduced $28.5m700.1k shares
BARCLAYS PLC Unchanged $24.4m600.0k shares
Anson Funds Management LP Added $24.4m600.0k shares
WOLVERINE TRADING, LLC Added $5.6m137.8k 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.04% of their portfolio NEW YORK, NY 13,763,15313.8m $560.8m $560.8m 0.04% Reduced -742.5k -742,548
2 New Vernon Capital Holdings II LLC 2.31% of their portfolio Morristown, NJ 4,121,7004.1m $101.1k $101.1k 2.31% Added +4.1m +4,052,002
3 FIL Ltd 0.11% of their portfolio HAMILTON, D0 2,832,9132.8m $115.4m $115.4m 0.11% New
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,080,0122.1m $84.8m $84.8m 0.01% Reduced -701 -701
5 Asset Management One Co., Ltd. 0.27% of their portfolio TOKYO, M0 1,894,5471.9m $77.2m $77.2m 0.27% Added +5.5k +5,544
6 Korea Investment CORP 0.16% of their portfolio SEOUL, M5 1,663,1001.7m $67.8m $67.8m 0.16% Added +569.7k +569,707
7 ASSETMARK, INC 0.18% of their portfolio CONCORD, CA 1,575,2181.6m $64.2m $64.2m 0.18% Reduced -743 -743
8 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,534,6791.5m $62.5m $62.5m 0.01% Added +21.1k +21,113
9 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,476,2001.5m $60.2m $60.2m 0.01% Reduced -397.0k -396,990
10 BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio PARIS, I0 1,468,3251.5m $59.8m $59.8m 0.05% First filing
11 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,440,7741.4m $58.7m $58.7m 0.01% Reduced -414.6k -414,610
12 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 1,354,8241.4m $55.2m $55.2m 0.03% Reduced -920.3k -920,334
13 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,164,9521.2m $47.5m $47.5m 0.00% Reduced -505.0k -505,036
14 Stairway Partners, LLC 2.14% of their portfolio MINNEAPOLIS, MN 852,439852.4k $34.7m $34.7m 2.14% Added +13.2k +13,177
15 STRS OHIO 0.14% of their portfolio COLUMBUS, OH 839,600839.6k $34.2m $34.2m 0.14% Unchanged
16 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 686,467686.5k $28.0m $28.0m 0.01% Reduced -171.7k -171,733
17 State of Tennessee, Department of Treasury 0.09% of their portfolio NASHVILLE, TN 600,351600.4k $24.5m $24.5m 0.09% Reduced -6.6k -6,574
18 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 573,130573.1k $23.4m $23.4m 0.01% First filing
19 GenTrust, LLC 1.08% of their portfolio MIAMI, FL 554,189554.2k $22.6m $22.6m 1.08% Added +5.9k +5,887
20 TUDOR INVESTMENT CORP ET AL 0.20% of their portfolio STAMFORD, CT 551,909551.9k $22.5m $22.5m 0.20% New
21 Millburn Ridgefield LLC /DE/ 0.50% of their portfolio New York, NY 503,030503.0k $20.5m $20.5m 0.50% Reduced -1.8k -1,787
22 Catalyst Capital Advisors LLC 0.42% of their portfolio San Juan, PR 503,030503.0k $20.5m $20.5m 0.42% Reduced -1.8k -1,787
23 VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio San Antonio, TX 502,069502.1k $20.5m $20.5m 0.02% Reduced -389.2k -389,234
24 UBS Group AG 0.00% of their portfolio ZURICH, V8 472,808472.8k $19.3m $19.3m 0.00% Added +30.4k +30,396
25 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 454,282454.3k $18.5m $18.5m 0.01% Reduced -28.3k -28,293
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 437,412437.4k $17.8m $17.8m 0.03% Added +124.7k +124,720
27 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 394,513394.5k $16.1m $16.1m 0.02% Reduced -49.4k -49,441
28 VPR Management LLC 6.96% of their portfolio HOUSTON, TX 351,800351.8k $14.3m $14.3m 6.96% Unchanged
29 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 341,242341.2k $13.9m $13.9m 0.01% Added +311.7k +311,736
30 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 318,413318.4k $13.0m $13.0m 0.02% Reduced -108.5k -108,542
31 Polianta Ltd 5.92% of their portfolio ST HELIER, Y9 301,000301.0k $12.3m $12.3m 5.92% Reduced -77.1k -77,100
32 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 249,416249.4k $10.2m $10.2m 0.00% Reduced -142.7k -142,730
33 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 244,798244.8k $10.0m $10.0m 0.02% New
34 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 213,739213.7k $8.7m $8.7m 0.01% New
35 Walleye Trading LLC 0.24% of their portfolio NEW YORK, NY 204,911204.9k $8.4m $8.4m 0.24% Added +61.6k +61,551
36 NISA INVESTMENT ADVISORS, LLC 0.04% of their portfolio ST. LOUIS, MO 203,000203.0k $8.3m $8.3m 0.04% Unchanged
37 Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio SEOUL, M5 201,200201.2k $8.2m $8.2m 0.03% Reduced -91.5k -91,500
38 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 173,187173.2k $7.1m $7.1m 0.00% Reduced -481 -481
39 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 160,960161.0k $6.6m $6.6m 0.01% Added +93.4k +93,381
40 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 159,670159.7k $6.5m $6.5m 0.00% Reduced -49.9k -49,877
41 Karpus Management, Inc. 0.20% of their portfolio Pittsford, NY 150,158150.2k $6.1m $6.1m 0.20% Added +19.0k +18,988
42 NewSquare Capital LLC 0.47% of their portfolio NEWTOWN SQUARE, PA 145,586145.6k $5.8m $5.8m 0.47% Added +8.7k +8,724
43 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 0.22% of their portfolio BETHESDA, MD 134,800134.8k $5.5m $5.5m 0.22% Reduced -97.0k -97,000
44 PGIM Custom Harvest LLC 0.13% of their portfolio NEWARK, NJ 133,911133.9k $5.5m $5.5m 0.13% Added +5.0k +4,986
45 FMR LLC 0.00% of their portfolio BOSTON, MA 130,731130.7k $5.3m $5.3m 0.00% Reduced -7.4k -7,358
46 Concentric Capital Strategies, LP 0.53% of their portfolio Stamford, CT 128,675128.7k $5.2m $5.2m 0.53% New
47 SCOTIA CAPITAL INC. 0.03% of their portfolio TORONTO, A6 127,560127.6k $5.2m $5.2m 0.03% Added +84.4k +84,380
48 SENTINEL PENSION ADVISORS, LLC 0.94% of their portfolio WAKEFIELD, MA 125,550125.5k $5.1m $5.1m 0.94% Unchanged
49 Elm Partners Management LLC 0.32% of their portfolio Philadelphia, PA 120,165120.2k $4.9m $4.9m 0.32% Reduced -5.7k -5,658
50 State of Wyoming 0.64% of their portfolio CHEYENNE, WY 119,011119.0k $4.8m $4.8m 0.64% Reduced -3.4k -3,391
51 CAPITAL FUND MANAGEMENT S.A. 0.06% of their portfolio PARIS, I0 117,320117.3k $4.8m $4.8m 0.06% Added +101.0k +101,000
52 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 105,819105.8k $4.3m $4.3m 0.01% Reduced -4.3k -4,293
53 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 105,349105.3k $4.4m $4.4m 0.01% Unchanged
54 Strategic Investment Advisors / MI 0.45% of their portfolio FARMINGTON HILLS, MI 105,281105.3k $4.3m $4.3m 0.45% Added +7.8k +7,795
55 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 98,68498.7k $4.0m $4.0m 0.00% Reduced -150.6k -150,583
56 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 98,63698.6k $4.0m $4.0m 0.01% Reduced -3.9k -3,904
57 SOROS FUND MANAGEMENT LLC 0.07% of their portfolio NEW YORK, NY 97,70097.7k $4.0m $4.0m 0.07% Unchanged
58 Federation des caisses Desjardins du Quebec 0.02% of their portfolio LEVIS, A8 89,92789.9k $3.7m $3.7m 0.02% Reduced -1.5k -1,458
59 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 89,45589.5k $3.6m $3.6m 0.00% Added +494 +494
60 LMCG INVESTMENTS, LLC 0.23% of their portfolio BOSTON, MA 86,82786.8k $3.5m $3.5m 0.23% Reduced -2.2k -2,204
61 Wakefield Asset Management LLLP 1.07% of their portfolio Englewood, CO 86,76386.8k $3.5m $3.5m 1.07% Reduced -147 -147
62 Checchi Capital Advisers, LLC 0.25% of their portfolio BEVERLY HILLS, CA 86,20586.2k $3.5m $3.5m 0.25% New
63 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 84,35084.3k $3.4m $3.4m 0.02% Reduced -100.0k -100,000
64 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 81,70881.7k $3.3m $3.3m 0.00% Reduced -76.3k -76,263
65 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 80,59380.6k $3.3m $3.3m 0.00% Added +3.7k +3,697
66 Taikang Asset Management (Hong Kong) Co Ltd 0.44% of their portfolio HONG KONG, K3 79,82579.8k $3.3m $3.3m 0.44% Unchanged
67 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 78,91578.9k $3.2m $3.2m 0.00% Added +19.8k +19,813
68 ZACKS INVESTMENT MANAGEMENT 0.03% of their portfolio Chicago, IL 78,11478.1k $3.2m $3.2m 0.03% Added +2.2k +2,226
69 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 77,28777.3k $3.1m $3.1m 0.01% Added +10.4k +10,376
70 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 72,82272.8k $3.0m $3.0m 0.00% Reduced -7.7k -7,741
71 BlueStem Wealth Partners, LLC 0.40% of their portfolio MINNETONKA, MN 72,52372.5k $3.0m $3.0m 0.40% Added +3.6k +3,616
72 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.03% of their portfolio Madrid, U3 71,50671.5k $2.9m $2.9m 0.03% Reduced -13.6k -13,555
73 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 68,23468.2k $2.8m $2.8m 0.01% Reduced -22.1k -22,099
74 SYON CAPITAL LLC 0.21% of their portfolio SAN FRANCISCO, CA 64,48864.5k $2.6m $2.6m 0.21% Added +3.6k +3,619
75 Ameraudi Asset Management, Inc. 1.36% of their portfolio New York, NY 58,42758.4k $2.4m $2.4m 1.36% Reduced -13.0k -12,985
76 Legal & General Group Plc 0.00% of their portfolio London, X0 54,95055.0k $2.2m $2.2m 0.00% Added +43.6k +43,600
77 CSM Advisors, LLC 0.12% of their portfolio WARRENDALE, PA 53,63553.6k $2.2m $2.2m 0.12% Reduced -53.6k -53,635
78 CUMBERLAND ADVISORS INC 0.99% of their portfolio SARASOTA, FL 53,57053.6k $2.2m $2.2m 0.99% Reduced -940 -940
79 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 52,05052.0k $2.1m $2.1m 0.00% Reduced -30 -30
80 Hilltop Holdings Inc. 0.13% of their portfolio DALLAS, TX 49,90549.9k $2.0m $2.0m 0.13% Reduced -1.0k -1,017
81 Sava Infond d.o.o. 0.37% of their portfolio MARIBOR, 2A 48,00048.0k $2.0m $2.0m 0.37% Unchanged
82 Moneda S.A. Administradora General de Fondos 2.06% of their portfolio LAS CONDES, SANTIAGO, F3 47,09047.1k $1.9m $1.9m 2.06% Added +2.5k +2,485
83 WOLVERINE TRADING, LLC 0.06% of their portfolio CHICAGO, IL 46,85546.9k $1.9m $1.9m 0.06% New
84 TD Waterhouse Canada Inc. 0.02% of their portfolio TORONTO, A6 45,69745.7k $1.9m $1.9m 0.02% Added +30.2k +30,176
85 Obsido Oy 1.57% of their portfolio TAMPERE, H9 44,84644.8k $1.8m $1.8m 1.57% Added +1.4k +1,354
86 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 43,96044.0k $1.8m $1.8m 0.00% Unchanged
87 Stelac Advisory Services LLC 0.73% of their portfolio NEW YORK, NY 43,78943.8k $1.8m $1.8m 0.73% Added +1.3k +1,316
88 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 42,08442.1k $1.7m $1.7m 0.00% Added +6.0k +5,965
89 Legacy PCG, LLC 1.17% of their portfolio IRVINE, CA 40,82540.8k $1.7m $1.7m 1.17% Added +2.4k +2,384
90 Sage Advisory Services, Ltd.Co. 0.97% of their portfolio AUSTIN, TX 40,33040.3k $1.6m $1.6m 0.97% Reduced -57.6k -57,589
91 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 39,40739.4k $1.6m $1.6m 0.00% Reduced -34.2k -34,205
92 ALBION FINANCIAL GROUP /UT 0.11% of their portfolio SALT LAKE CITY, UT 39,00039.0k $1.6m $1.6m 0.11% Unchanged
93 Quantinno Capital Management LP 0.01% of their portfolio NEW YORK, NY 37,47737.5k $1.5m $1.5m 0.01% Added +9.7k +9,697
94 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 37,36137.4k $1.5m $1.5m 0.00% Reduced -2.9k -2,946
95 Palisades Hudson Asset Management, L.P. 0.65% of their portfolio FORT LAUDERDALE, FL 35,29035.3k $1.4m $1.4m 0.65% Reduced -919 -919
96 Financial Management Professionals, Inc. 0.18% of their portfolio AUSTIN, TX 34,88034.9k $1.4m $1.4m 0.18% Reduced -32.3k -32,301
97 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 34,79534.8k $1.4m $1.4m 0.00% Reduced -211 -211
98 Robertson Stephens Wealth Management, LLC 0.05% of their portfolio San Francisco, CA 34,17734.2k $1.4m $1.4m 0.05% Reduced -733 -733
99 HAP Trading, LLC 0.49% of their portfolio NEW YORK, NY 34,05034.0k $1.4m $1.4m 0.49% Reduced -433.9k -433,875
100 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 32,34932.3k $1.3m $1.3m 0.00% Added +1.2k +1,174