Vault-13

ISHARES INC EZA

MSCI STH AFR ETF · ETP · CUSIP 464286780

64 institutional holders -9 vs Q4 2024
5,722,0425.7m shares reported held*
$275.4mreported value*
6 new 20 added 19 reduced 14 sold out net sold ≈ $33.1m (-686.9k 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. Holder counts are more reliable. Implied quarter-end price ≈ $48.13. Options: 2 managers hold calls ($640.1k notional), 3 hold puts ($2.7m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 79Q4 22: 88Q1 23: 82Q2 23: 73Q3 23: 71Q4 23: 75Q1 24: 66Q2 24: 65Q3 24: 77Q4 24: 73Q1 25: 6464Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202279
Q4 202288
Q1 202382
Q2 202373
Q3 202371
Q4 202375
Q1 202466
Q2 202465
Q3 202477
Q4 202473
Q1 202564

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q2 23: 24 bought or addedQ2 23: 39 cut or sold outQ3 23: 25 bought or addedQ3 23: 35 cut or sold outQ3 23Q4 23: 35 bought or addedQ4 23: 30 cut or sold outQ1 24: 27 bought or addedQ1 24: 41 cut or sold outQ1 24Q2 24: 25 bought or addedQ2 24: 35 cut or sold outQ3 24: 36 bought or addedQ3 24: 31 cut or sold outQ3 24Q4 24: 38 bought or addedQ4 24: 38 cut or sold outQ1 25: 26 bought or addedQ1 25: 33 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20232439
Q3 20232535
Q4 20233530
Q1 20242741
Q2 20242535
Q3 20243631
Q4 20243838
Q1 20252633

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ2 24 calls: $24.1mQ2 24 puts: $1.7mQ2 24P/C 0.07Q3 24 calls: $1.5mQ3 24 puts: $2.1mQ3 24P/C 1.41Q4 24 calls: $829.8kQ4 24 puts: $2.0mQ4 24P/C 2.42Q1 25 calls: $640.1kQ1 25 puts: $2.7mQ1 25P/C 4.21
Numbers
QuarterCallsPutsP/C
Q2 2024$24.1m$1.7m0.07
Q3 2024$1.5m$2.1m1.41
Q4 2024$829.8k$2.0m2.42
Q1 2025$640.1k$2.7m4.21

Biggest buyers

CIBC WORLD MARKET INC. New +95,653+95.7k
MORGAN STANLEY Added +91,860+91.9k
Graham Capital Management, L.P. New +42,026+42.0k
Private Wealth Advisors, LLC New +35,780+35.8k
Millburn Ridgefield LLC /DE/ Added +19,696+19.7k
Catalyst Capital Advisors LLC Added +19,696+19.7k
Arrow Investment Advisors, LLC New +13,010+13.0k
PICTON MAHONEY ASSET MANAGEMENT Added +10,410+10.4k
Polianta Ltd Added +9,100+9.1k
MARSHALL WACE, LLP New +6,939+6.9k

Biggest sellers

Tradewinds Capital Management, LLC Sold out -410,022-410.0k
JPMORGAN CHASE & CO Reduced -115,170-115.2k
Moran Wealth Management, LLC Sold out -93,217-93.2k
CITADEL ADVISORS LLC Reduced -82,725-82.7k
BCWM, LLC Sold out -67,187-67.2k
GOLDMAN SACHS GROUP INC Reduced -53,937-53.9k
NATIXIS Sold out -36,011-36.0k
OLD MISSION CAPITAL LLC Sold out -33,667-33.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -21,567-21.6k
MILLENNIUM MANAGEMENT LLC Reduced -21,372-21.4k

Biggest calls

CITADEL ADVISORS LLC Reduced $351.3k7.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $288.8k6.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.4m28.6k shares
CITADEL ADVISORS LLC Reduced $957.8k19.9k shares
WOLVERINE TRADING, LLC New $361.8k7.6k 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.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: FIL Ltd (1.2%, 2026-08-06)

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 State of Tennessee, Department of Treasury 0.51% of their portfolio NASHVILLE, TN 2,754,1192.8m $132.6m $132.6m 0.51% Unchanged
2 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 843,885843.9k $40.6m $40.6m 0.00% Reduced -115.2k -115,170
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 452,498452.5k $21.8m $21.8m 0.00% Added +91.9k +91,860
4 STRS OHIO 0.05% of their portfolio COLUMBUS, OH 250,000250.0k $12.0m $12.0m 0.05% Unchanged
5 Polianta Ltd 3.56% of their portfolio ST HELIER, Y9 153,100153.1k $7.4m $7.4m 3.56% Added +9.1k +9,100
6 Millburn Ridgefield LLC /DE/ 0.17% of their portfolio New York, NY 145,275145.3k $7.0m $7.0m 0.17% Added +19.7k +19,696
7 Catalyst Capital Advisors LLC 0.14% of their portfolio San Juan, PR 145,275145.3k $7.0m $7.0m 0.14% Added +19.7k +19,696
8 Carrera Capital Advisors 1.48% of their portfolio TROY, MI 138,652138.7k $6.7m $6.7m 1.48% Added +4.7k +4,678
9 Korea Investment CORP 0.01% of their portfolio SEOUL, M5 124,164124.2k $6.0m $6.0m 0.01% Unchanged
10 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 95,65395.7k $4.6m $4.6m 0.01% New
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 88,34688.3k $4.3m $4.3m 0.00% Reduced -10.7k -10,717
12 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 80,74580.7k $3.9m $3.9m 0.01% Unchanged
13 Graham Capital Management, L.P. 0.06% of their portfolio ROWAYTON, CT 42,02642.0k $2.0m $2.0m 0.06% New
14 PICTON MAHONEY ASSET MANAGEMENT 0.06% of their portfolio Toronto, A6 37,91437.9k $1.8m $1.8m 0.06% Added +10.4k +10,410
15 Private Wealth Advisors, LLC 0.72% of their portfolio Fresno, CA 35,78035.8k $1.7m $1.7m 0.72% New
16 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 27,62927.6k $1.3m $1.3m 0.00% Reduced -21.6k -21,567
17 NorthCoast Asset Management LLC 0.01% of their portfolio STAMFORD, CT 23,59823.6k $1.1m $1.1m 0.01% Added +552 +552
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 21,47721.5k $1.0m $1.0m 0.00% Reduced -10.8k -10,824
19 Mount Lucas Management LP 0.45% of their portfolio Newtown, PA 19,82519.8k $954.2k $954.2k 0.45% Added +234 +234
20 State of Wyoming 0.12% of their portfolio CHEYENNE, WY 18,28018.3k $879.8k $879.8k 0.12% Added +660 +660
21 Moneda S.A. Administradora General de Fondos 0.94% of their portfolio LAS CONDES, SANTIAGO, F3 18,11118.1k $871.7k $871.7k 0.94% Reduced -646 -646
22 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 17,53417.5k $843.9k $843.9k 0.00% Reduced -9.5k -9,453
23 BAR HARBOR WEALTH MANAGEMENT 0.05% of their portfolio CONCORD, NH 16,00916.0k $770.5k $770.5k 0.05% Unchanged
24 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 14,20014.2k $683.4k $683.4k 0.00% Added +6.4k +6,400
25 Arrow Investment Advisors, LLC 0.66% of their portfolio LAUREL, MD 13,01013.0k $626.2k $626.2k 0.66% New
26 SCOTIA CAPITAL INC. 0.00% of their portfolio TORONTO, A6 12,19512.2k $586.9k $586.9k 0.00% Added +6.5k +6,474
27 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 11,96612.0k $576.0k $576.0k 0.00% Added +1.4k +1,378
28 Gallacher Capital Management LLC 0.28% of their portfolio LONE TREE, CO 11,93211.9k $574.3k $574.3k 0.28% Added +1.4k +1,384
29 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 10,25910.3k $493.8k $493.8k 0.00% Added +1.6k +1,600
30 INNEALTA CAPITAL, LLC 0.26% of their portfolio AUSTIN, TX 10,07210.1k $484.8k $484.8k 0.26% Reduced -13.2k -13,240
31 SBI Securities Co., Ltd. 0.02% of their portfolio TOKYO, M0 10,00910.0k $481.7k $481.7k 0.02% Added +419 +419
32 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 9,9429.9k $478.5k $478.5k 0.00% Reduced -21.4k -21,372
33 DC Investments Management, LLC 0.24% of their portfolio MCLEAN, VA 9,6979.7k $466.7k $466.7k 0.24% Unchanged
34 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 8,1688.2k $393.1k $393.1k 0.00% Reduced -53.9k -53,937
35 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 6,9747.0k $335.0k $335.0k 0.00% Added +5.8k +5,758
36 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 6,9396.9k $334.0k $334.0k 0.00% New
37 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 6,9006.9k $328.4k $328.4k 0.00% Added +1.0k +1,000
38 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 5,5105.5k $265.2k $265.2k 0.00% Added +600 +600
39 GOULD ASSET MANAGEMENT LLC /CA/ 0.05% of their portfolio CLAREMONT, CA 5,0505.0k $243.1k $243.1k 0.05% Unchanged
40 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,5913.6k $172.8k $172.8k 0.00% Added +1.7k +1,737
41 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 3,5253.5k $169.7k $169.7k 0.00% Reduced -82.7k -82,725
42 Banque Cantonale Vaudoise 0.01% of their portfolio LAUSANNE, V8 3,3873.4k $163.0k $163.0k 0.01% First filing
43 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,4862.5k $119.7k $119.7k 0.00% Reduced -2.0k -1,991
44 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 2,1982.2k $105.8k $105.8k 0.00% Reduced -18.0k -18,017
45 FMR LLC 0.00% of their portfolio BOSTON, MA 1,8421.8k $88.7k $88.7k 0.00% Added +23 +23
46 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 788788 $37.9k $37.9k 0.00% Reduced -406 -406
47 Viewpoint Capital Management LLC 0.01% of their portfolio SEATTLE, WA 540540 $26.0k $26.0k 0.01% Unchanged
48 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 450450 $21.7k $21.7k 0.00% Reduced -150 -150
49 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 158158 $7.6k $7.6k 0.00% Reduced -550 -550
50 COMERICA BANK 0.00% of their portfolio DALLAS, TX 100100 $4.8k $4.8k 0.00% Reduced -96 -96
51 Breakwater Investment Management 0.00% of their portfolio SEATTLE, WA 7272 $3.5k $3.5k 0.00% Unchanged
52 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 4545 $2.2k $2.2k 0.00% Unchanged
53 Stephens Consulting, LLC 0.00% of their portfolio FLINT, MI 3131 $1.5k $1.5k 0.00% Unchanged
54 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 2929 $1.4k $1.4k 0.00% Unchanged
55 Winch Advisory Services, LLC 0.00% of their portfolio Appleton, WI 2828 $1.3k $1.3k 0.00% Unchanged
56 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 1515 $722 $722 0.00% Unchanged
57 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 1313 $545 $545 0.00% Unchanged
58 CWM, LLC 0.00% of their portfolio OMAHA, NE 1010 $0 $0 0.00% Reduced -94 -94
59 ATLAS CAPITAL ADVISORS INC. 0.00% of their portfolio JACKSON, WY 77 $336 $336 0.00% New
60 Covestor Ltd 0.00% of their portfolio LONDON, X0 77 $0 $0 0.00% Reduced -16 -16
61 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 11 $48 $48 0.00% Unchanged
62 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 11 $48 $48 0.00% Reduced -125 -125
63 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged
64 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 00 $4 $4 0.00% Unchanged