Vault-13

ISHARES INC EWP

MSCI SPAIN ETF · ETP · CUSIP 464286764

125 institutional holders +3 vs Q4 2025
25,489,39625.5m shares reported held*
$1.4bnreported value*
24 new 39 added 43 reduced 20 sold out net sold ≈ $214.1m (-3.9m 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 ($8.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $54.27. Options: 4 managers hold calls ($7.0m notional), 3 hold puts ($17.8m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 54Q4 22: 56Q1 23: 53Q2 23: 70Q3 23: 69Q4 23: 77Q1 24: 67Q2 24: 74Q3 24: 74Q4 24: 79Q1 25: 85Q2 25: 109Q3 25: 105Q4 25: 122Q1 26: 125125Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202254
Q4 202256
Q1 202353
Q2 202370
Q3 202369
Q4 202377
Q1 202467
Q2 202474
Q3 202474
Q4 202479
Q1 202585
Q2 2025109
Q3 2025105
Q4 2025122
Q1 2026125

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 41 bought or addedQ2 24: 33 cut or sold outQ3 24: 31 bought or addedQ3 24: 45 cut or sold outQ3 24Q4 24: 34 bought or addedQ4 24: 41 cut or sold outQ1 25: 40 bought or addedQ1 25: 43 cut or sold outQ1 25Q2 25: 62 bought or addedQ2 25: 43 cut or sold outQ3 25: 51 bought or addedQ3 25: 62 cut or sold outQ3 25Q4 25: 68 bought or addedQ4 25: 43 cut or sold outQ1 26: 63 bought or addedQ1 26: 63 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20244133
Q3 20243145
Q4 20243441
Q1 20254043
Q2 20256243
Q3 20255162
Q4 20256843
Q1 20266363

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ2 25 calls: $864.9kQ2 25 puts: $571.6kQ2 25P/C 0.66Q3 25 calls: $792.0kQ3 25 puts: $1.1mQ3 25P/C 1.43Q4 25 calls: $215.6kQ4 25 puts: $20.8mQ4 25P/C 96.60Q1 26 calls: $7.0mQ1 26 puts: $17.8mQ1 26P/C 2.54
Numbers
QuarterCallsPutsP/C
Q2 2025$864.9k$571.6k0.66
Q3 2025$792.0k$1.1m1.43
Q4 2025$215.6k$20.8m96.60
Q1 2026$7.0m$17.8m2.54

Biggest buyers

BlackRock, Inc. Added +4,100,506+4.1m
BANK OF MONTREAL /CAN/ Added +237,100+237.1k
Tradewinds Capital Management, LLC Added +130,301+130.3k
Avior Wealth Management, LLC New +116,291+116.3k
PRINCIPAL FINANCIAL GROUP INC Added +94,160+94.2k
AMERIPRISE FINANCIAL INC Added +82,033+82.0k
JPMORGAN CHASE & CO Added +47,832+47.8k
D. E. Shaw & Co., Inc. New +33,599+33.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +28,498+28.5k
Moran Wealth Management, LLC Added +26,416+26.4k

Biggest sellers

HSBC HOLDINGS PLC Reduced -5,740,599-5.7m
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. Reduced -1,626,197-1.6m
BANK OF NOVA SCOTIA Sold out -470,600-470.6k
CITADEL ADVISORS LLC Sold out -254,089-254.1k
BAROMETER CAPITAL MANAGEMENT INC. Reduced -136,250-136.2k
Qube Research & Technologies Ltd Reduced -132,606-132.6k
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Sold out -119,288-119.3k
CoreCap Advisors, LLC Reduced -96,751-96.8k
Point Nemo Capital, LLC Sold out -50,644-50.6k
Bleakley Financial Group, LLC Sold out -46,297-46.3k

Biggest calls

MILLENNIUM MANAGEMENT LLC New $5.4m100.0k shares
CITADEL ADVISORS LLC New $923.3k17.0k shares
JANE STREET GROUP, LLC New $363.9k6.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $304.1k5.6k shares

Biggest puts

JANE STREET GROUP, LLC Reduced $14.0m257.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.2m40.7k shares
CITADEL ADVISORS LLC Reduced $1.6m30.3k 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 +7.3 pts · filed 2026-10-05 37.5% +7.3 pts 15.1m≈ $899.6m 2026-10-05

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 National Pension Service 0.33% of their portfolio JEONJU-SI, JEOLLABUK-DO, M5 8,092,2788.1m $439.5m $439.5m 0.33% Unchanged
2 BlackRock, Inc. 0.01% of their portfolio New York, NY 6,251,0636.3m $339.5m $339.5m 0.01% Added +4.1m +4,100,506
3 HSBC HOLDINGS PLC 0.13% of their portfolio LONDON, X0 3,934,4933.9m $213.7m $213.7m 0.13% Reduced -5.7m -5,740,599
4 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 1,047,1301.0m $56.9m $56.9m 0.02% Added +237.1k +237,100
5 Tradewinds Capital Management, LLC 7.28% of their portfolio BELLINGHAM, WA 675,263675.3k $36.7m $36.7m 7.28% Added +130.3k +130,301
6 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 527,000527.0k $27.5m $27.5m 0.02% Unchanged
7 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 395,149395.1k $21.5m $21.5m 0.01% Added +94.2k +94,160
8 PRUDENTIAL PLC 0.12% of their portfolio LONDON, X0 297,200297.2k $16.1m $16.1m 0.12% Reduced -11.9k -11,900
9 Provida Pension Fund Administrator 0.26% of their portfolio LAS CONDES, SANTIAGO, F3 288,942288.9k $15.7m $15.7m 0.26% Not comparable
10 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.09% of their portfolio Madrid, U3 243,942243.9k $13.2m $13.2m 0.09% Reduced -1.6m -1,626,197
11 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 241,655241.7k $13.2m $13.2m 0.00% Added +82.0k +82,033
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 222,060222.1k $12.1m $12.1m 0.00% Reduced -7.8k -7,765
13 Whitcomb & Hess, Inc. 2.75% of their portfolio ASHLAND, OH 216,761216.8k $11.8m $11.8m 2.75% Added +3.4k +3,431
14 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 213,635213.6k $11.6m $11.6m 0.00% Reduced -41.7k -41,666
15 Millburn Ridgefield LLC /DE/ 0.25% of their portfolio New York, NY 213,236213.2k $11.6m $11.6m 0.25% Added +8.8k +8,798
16 Catalyst Capital Advisors LLC 0.22% of their portfolio San Juan, PR 213,236213.2k $11.6m $11.6m 0.22% Added +8.8k +8,798
17 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 210,536210.5k $11.4m $11.4m 0.02% Reduced -523 -523
18 Moran Wealth Management, LLC 0.28% of their portfolio NAPLES, FL 165,996166.0k $9.0m $9.0m 0.28% Added +26.4k +26,416
19 CacheTech Inc. 1.60% of their portfolio LOGAN, UT 152,935152.9k $8.3m $8.3m 1.60% Added +723 +723
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 150,317150.3k $8.2m $8.2m 0.00% Reduced -13.8k -13,794
21 Adams Wealth Management 1.75% of their portfolio LOGAN, UT 146,732146.7k $8.0m $8.0m 1.75% Reduced -834 -834
22 Avior Wealth Management, LLC 0.18% of their portfolio OMAHA, NE 116,291116.3k $6.3m $6.3m 0.18% New
23 Arlington Capital Management, Inc. 3.02% of their portfolio ARLINGTON HEIGHTS, IL 98,38998.4k $5.3m $5.3m 3.02% Reduced -1.0k -1,030
24 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 89,38889.4k $4.9m $4.9m 0.01% Reduced -132.6k -132,606
25 Monument Capital Management 1.12% of their portfolio ALEXANDRIA, VA 82,36282.4k $4.5m $4.5m 1.12% Reduced -1.1k -1,095
26 MONTAG A & ASSOCIATES INC 0.18% of their portfolio ATLANTA, GA 70,97671.0k $3.9m $3.9m 0.18% Added +1.3k +1,300
27 ZACKS INVESTMENT MANAGEMENT 0.03% of their portfolio Chicago, IL 68,90468.9k $3.7m $3.7m 0.03% Added +9.4k +9,419
28 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 67,89267.9k $3.5m $3.5m 0.00% Added +47.8k +47,832
29 TD Waterhouse Canada Inc. 0.01% of their portfolio TORONTO, A6 66,15766.2k $3.6m $3.6m 0.01% Reduced -5.3k -5,277
30 MMA ASSET MANAGEMENT LLC 1.26% of their portfolio New York, NY 66,01666.0k $3.6m $3.6m 1.26% Added +773 +773
31 FOUNDERS FINANCIAL SECURITIES LLC 0.20% of their portfolio TOWSON, MD 62,82362.8k $3.6m $3.6m 0.20% Reduced -2.3k -2,289
32 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 54,09954.1k $2.9m $2.9m 0.00% Reduced -8.2k -8,212
33 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 49,82649.8k $2.7m $2.7m 0.02% Reduced -3.0k -3,037
34 BENJAMIN EDWARDS INC 0.03% of their portfolio Clayton, MO 46,82646.8k $2.5m $2.5m 0.03% Added +11.2k +11,179
35 Financial & Tax Architects, LLC 0.55% of their portfolio ST LOUIS, MO 45,56045.6k $2.5m $2.5m 0.55% Added +3.8k +3,809
36 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 45,25145.3k $2.5m $2.5m 0.00% Added +8.8k +8,809
37 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 39,35539.4k $2.1m $2.1m 0.00% Reduced -3.5k -3,458
38 INNEALTA CAPITAL, LLC 1.33% of their portfolio AUSTIN, TX 39,31539.3k $2.1m $2.1m 1.33% Reduced -15.4k -15,383
39 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 33,59933.6k $1.8m $1.8m 0.00% New
40 Global Endowment Management, LP 0.18% of their portfolio CHARLOTTE, NC 30,00030.0k $1.6m $1.6m 0.18% Unchanged
41 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 28,49828.5k $1.5m $1.5m 0.00% New
42 Idaho Trust Co 0.47% of their portfolio BOISE, ID 26,61926.6k $1.4m $1.4m 0.47% Added +1.2k +1,219
43 GFS Advisors, LLC 0.09% of their portfolio HOUSTON, TX 25,00025.0k $1.4m $1.4m 0.09% Unchanged
44 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 22,80722.8k $1.2m $1.2m 0.00% Added +16.5k +16,507
45 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 18,04518.0k $980.0k $980.0k 0.01% Reduced -100 -100
46 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 17,32617.3k $940.7k $940.7k 0.00% Added +341 +341
47 Mount Lucas Management LP 0.33% of their portfolio Newtown, PA 16,39816.4k $890.6k $890.6k 0.33% Reduced -250 -250
48 EverSource Wealth Advisors, LLC 0.03% of their portfolio BIRMINGHAM, AL 16,28516.3k $884.5k $884.5k 0.03% Added +3.3k +3,320
49 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 15,10215.1k $820.2k $820.2k 0.00% New
50 Providence First Trust Co 0.29% of their portfolio SCOTTSDALE, AZ 15,04215.0k $816.9k $816.9k 0.29% Added +186 +186
51 Sepio Capital, LP 0.04% of their portfolio Salt Lake City, UT 14,42214.4k $783.3k $783.3k 0.04% New
52 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 14,00114.0k $760.4k $760.4k 0.00% Added +1.5k +1,531
53 Dorsey Wright & Associates 0.09% of their portfolio PASADENA, CA 13,67513.7k $742.7k $742.7k 0.09% New
54 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 13,21113.2k $717.5k $717.5k 0.00% Reduced -2.2k -2,231
55 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 11,82011.8k $641.9k $641.9k 0.00% New
56 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 11,59111.6k $629.5k $629.5k 0.00% Reduced -1.0k -1,036
57 SSA SWISS ADVISORS AG 0.29% of their portfolio ZURICH, V8 11,49211.5k $624.1k $624.1k 0.29% Added +9.8k +9,815
58 ES4, LLC 0.38% of their portfolio NEWPORT BEACH, CA 10,74810.7k $583.7k $583.7k 0.38% Unchanged
59 Mariner, LLC 0.00% of their portfolio Overland Park, KS 10,48010.5k $569.2k $569.2k 0.00% Reduced -831 -831
60 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 10,31010.3k $560.0k $560.0k 0.00% Added +1.1k +1,064
61 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 10,00010.0k $543.1k $543.1k 0.00% Reduced -6.5k -6,500
62 Empowered Funds, LLC 0.00% of their portfolio NEWTOWN SQUARE, PA 9,8379.8k $534.2k $534.2k 0.00% New
63 New Vernon Capital Holdings II LLC 0.38% of their portfolio Morristown, NJ 9,5689.6k $519.6k $519.6k 0.38% Reduced -31.5k -31,545
64 Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio HONG KONG, K3 9,4059.4k $510.8k $510.8k 0.01% New
65 Global Assets Advisory, LLC 0.15% of their portfolio ORLANDO, FL 9,2059.2k $499.9k $499.9k 0.15% Added +679 +679
66 BAROMETER CAPITAL MANAGEMENT INC. 0.17% of their portfolio TORONTO, A6 9,0009.0k $488.8k $488.8k 0.17% Reduced -136.2k -136,250
67 Solstein Capital, LLC 0.19% of their portfolio Menlo Park, CA 8,3718.4k $454.6k $454.6k 0.19% New
68 SHAYNE & JACOBS, LLC 0.14% of their portfolio NASHVILLE, TN 8,2798.3k $449.6k $449.6k 0.14% Unchanged
69 Vertex Investment Solutions Co., Ltd. 0.48% of their portfolio CHIYODA-KU, M0 8,0008.0k $417.8k $417.8k 0.48% Reduced -12.8k -12,800
70 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 7,8867.9k $428.3k $428.3k 0.00% Reduced -2.0k -1,972
71 Arrow Investment Advisors, LLC 0.45% of their portfolio LAUREL, MD 7,8057.8k $423.9k $423.9k 0.45% Added +155 +155
72 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 7,5237.5k $408.6k $408.6k 0.00% New
73 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 7,2847.3k $395.5k $395.5k 0.00% Added +1.4k +1,355
74 Patten Group, Inc. 0.07% of their portfolio CHATTANOOGA, TN 7,1857.2k $390.2k $390.2k 0.07% Reduced -444 -444
75 MEEDER ASSET MANAGEMENT INC 0.02% of their portfolio DUBLIN, OH 6,4346.4k $349.4k $349.4k 0.02% Reduced -7.8k -7,823
76 BFI Infinity Ltd. 0.19% of their portfolio ZURICH, V8 6,1256.1k $332.6k $332.6k 0.19% Added +1.6k +1,588
77 Kaizen Financial Strategies 0.15% of their portfolio CAMPBELL, CA 6,1006.1k $350.0k $350.0k 0.15% Unchanged
78 Black Maple Capital Management LP 0.25% of their portfolio MILWAUKEE, WI 6,0006.0k $325.9k $325.9k 0.25% Unchanged
79 Cyndeo Wealth Partners, LLC 0.02% of their portfolio ST. PETERSBURG, FL 5,9686.0k $324.1k $324.1k 0.02% Reduced -12 -12
80 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 5,9556.0k $323.4k $323.4k 0.00% Added +1.8k +1,752
81 Brookstone Capital Management 0.00% of their portfolio WHEATON, IL 5,4725.5k $297.2k $297.2k 0.00% Reduced -1.3k -1,311
82 Avestar Capital, LLC 0.02% of their portfolio New York, NY 5,3905.4k $292.7k $292.7k 0.02% Added +394 +394
83 Wealthfront Advisers LLC 0.00% of their portfolio Palo Alto, CA 5,2985.3k $287.7k $287.7k 0.00% Added +357 +357
84 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 5,2065.2k $282.7k $282.7k 0.01% Added +3.2k +3,226
85 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 5,0535.1k $275.0k $275.0k 0.00% Reduced -17.0k -17,015
86 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 4,6184.6k $250.8k $250.8k 0.00% Unchanged
87 Sunpointe, LLC 0.08% of their portfolio ST. LOUIS, MO 4,4594.5k $242.2k $242.2k 0.08% New
88 GHP Investment Advisors, Inc. 0.01% of their portfolio Denver, CO 4,3704.4k $237.3k $237.3k 0.01% Unchanged
89 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 4,3574.4k $236.6k $236.6k 0.00% Reduced -1.0k -1,034
90 RWA WEALTH PARTNERS, LLC 0.00% of their portfolio BOSTON, MA 4,2594.3k $231.3k $231.3k 0.00% Reduced -126 -126
91 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 4,1554.2k $226.0k $226.0k 0.00% Reduced -2.4k -2,400
92 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 4,0844.1k $221.8k $221.8k 0.00% Added +781 +781
93 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 3,9003.9k $211.8k $211.8k 0.00% New
94 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 3,8623.9k $209.7k $209.7k 0.00% Reduced -573 -573
95 Boreal Capital Management LLC 0.14% of their portfolio MIAMI, FL 3,1533.2k $171.2k $171.2k 0.14% Added +560 +560
96 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 3,0693.1k $166.7k $166.7k 0.00% New
97 AlphaCentric Advisors LLC 0.14% of their portfolio SAN JUAN, PR 2,5882.6k $140.6k $140.6k 0.14% Added +57 +57
98 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 2,0872.1k $113.3k $113.3k 0.00% Reduced -96.8k -96,751
99 Ashton Thomas Private Wealth, LLC 0.00% of their portfolio SCOTTSDALE, AZ 2,0402.0k $110.8k $110.8k 0.00% New
100 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,7001.7k $93.4k $93.4k 0.00% Reduced -44.9k -44,936