Vault-13

ISHARES INC EWG

MSCI GERMANY ETF · ETP · CUSIP 464286806

211 institutional holders -9 vs Q4 2025
15,221,91915.2m shares reported held*
$610.2mreported value*
27 new 59 added 73 reduced 36 sold out net sold ≈ $118.9m (-3.0m 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 ($48.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $40.09. Options: 13 managers hold calls ($74.2m notional), 10 hold puts ($87.3m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 158Q4 22: 164Q1 23: 186Q2 23: 188Q3 23: 166Q4 23: 176Q1 24: 171Q2 24: 173Q3 24: 159Q4 24: 159Q1 25: 238Q2 25: 265Q3 25: 247Q4 25: 220Q1 26: 211211Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022158
Q4 2022164
Q1 2023186
Q2 2023188
Q3 2023166
Q4 2023176
Q1 2024171
Q2 2024173
Q3 2024159
Q4 2024159
Q1 2025238
Q2 2025265
Q3 2025247
Q4 2025220
Q1 2026211

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 24: 70 bought or addedQ2 24: 80 cut or sold outQ3 24: 55 bought or addedQ3 24: 86 cut or sold outQ3 24Q4 24: 63 bought or addedQ4 24: 78 cut or sold outQ1 25: 155 bought or addedQ1 25: 59 cut or sold outQ1 25Q2 25: 155 bought or addedQ2 25: 99 cut or sold outQ3 25: 109 bought or addedQ3 25: 119 cut or sold outQ3 25Q4 25: 83 bought or addedQ4 25: 130 cut or sold outQ1 26: 86 bought or addedQ1 26: 109 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20247080
Q3 20245586
Q4 20246378
Q1 202515559
Q2 202515599
Q3 2025109119
Q4 202583130
Q1 202686109

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ2 25 calls: $79.8mQ2 25 puts: $145.6mQ2 25P/C 1.82Q3 25 calls: $106.9mQ3 25 puts: $91.9mQ3 25P/C 0.86Q4 25 calls: $43.9mQ4 25 puts: $43.1mQ4 25P/C 0.98Q1 26 calls: $74.2mQ1 26 puts: $87.3mQ1 26P/C 1.18
Numbers
QuarterCallsPutsP/C
Q2 2025$79.8m$145.6m1.82
Q3 2025$106.9m$91.9m0.86
Q4 2025$43.9m$43.1m0.98
Q1 2026$74.2m$87.3m1.18

Biggest buyers

OLD MISSION CAPITAL LLC New +552,199+552.2k
MORGAN STANLEY Added +446,157+446.2k
BlackRock, Inc. Added +369,639+369.6k
Lido Advisors, LLC Added +304,946+304.9k
UBS Group AG Added +187,891+187.9k
JPMORGAN CHASE & CO Added +67,655+67.7k
Provida Pension Fund Administrator Added +40,185+40.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +39,882+39.9k
Quadrature Capital Ltd Added +32,907+32.9k
GTS SECURITIES LLC Added +31,824+31.8k

Biggest sellers

AMERIPRISE FINANCIAL INC Reduced -632,191-632.2k
Qube Research & Technologies Ltd Reduced -395,042-395.0k
FLOW TRADERS U.S. LLC Reduced -352,810-352.8k
3EDGE Asset Management, LP Reduced -340,991-341.0k
LIFE LINE WEALTH MANAGEMENT LLC Sold out -336,362-336.4k
Point72 Asset Management, L.P. Sold out -328,036-328.0k
ROYAL BANK OF CANADA Reduced -294,127-294.1k
JANE STREET GROUP, LLC Reduced -222,219-222.2k
LPL Financial LLC Reduced -191,127-191.1k
Thrivent Financial for Lutherans Sold out -163,546-163.5k

Biggest calls

Optiver Holding B.V. Added $25.7m647.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $12.4m312.4k shares
CITADEL ADVISORS LLC Added $11.8m296.8k shares
MILLENNIUM MANAGEMENT LLC New $7.9m200.0k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $4.6m115.0k shares
GROUP ONE TRADING LLC Reduced $4.2m106.8k shares
IMC-Chicago, LLC Added $3.6m89.8k shares
Walleye Trading LLC Added $2.2m56.1k shares
JANE STREET GROUP, LLC Added $499.8k12.6k shares
Squarepoint Ops LLC Reduced $396.7k10.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $32.0m806.5k shares
TORONTO DOMINION BANK New $12.5m319.9k shares
Pentwater Capital Management LP New $11.9m300.0k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $8.6m217.0k shares
CITADEL ADVISORS LLC Added $8.4m212.6k shares
SCOPUS ASSET MANAGEMENT, L.P. New $7.9m200.0k shares
JANE STREET GROUP, LLC Added $3.0m74.7k shares
Walleye Trading LLC Added $2.1m54.1k shares
Brookwood Investment Group LLC New $456.2k11.5k shares
Belvedere Trading LLC New $396.7k10.0k 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 +3.2 pts · filed 2026-10-27 6.1% +3.2 pts 2.2m≈ $90.6m 2026-10-27

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,364,2112.4m $93.8m $93.8m 0.01% Added +446.2k +446,157
2 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,917,7471.9m $76.1m $76.1m 0.01% Reduced -23.3k -23,311
3 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,648,7031.6m $65.4m $65.4m 0.00% Added +369.6k +369,639
4 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 646,646646.6k $25.7m $25.7m 0.01% Reduced -26.5k -26,536
5 Rice Partnership, LLC 3.35% of their portfolio HONOLULU, HI 618,221618.2k $24.5m $24.5m 3.35% Reduced -99.9k -99,946
6 OLD MISSION CAPITAL LLC 0.52% of their portfolio CHICAGO, IL 552,199552.2k $21.9m $21.9m 0.52% New
7 Lido Advisors, LLC 0.08% of their portfolio Los Angeles, CA 485,803485.8k $19.3m $19.3m 0.08% Added +304.9k +304,946
8 UBS Group AG 0.00% of their portfolio ZURICH, V8 431,980432.0k $17.1m $17.1m 0.00% Added +187.9k +187,891
9 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 425,449425.4k $16.9m $16.9m 0.00% Reduced -294.1k -294,127
10 FLOW TRADERS U.S. LLC 0.51% of their portfolio NEW YORK, NY 407,084407.1k $16.1m $16.1m 0.51% Reduced -352.8k -352,810
11 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 387,069387.1k $15.4m $15.4m 0.00% Reduced -191.1k -191,127
12 Provida Pension Fund Administrator 0.22% of their portfolio LAS CONDES, SANTIAGO, F3 324,292324.3k $12.9m $12.9m 0.22% Added +40.2k +40,185
13 SECURIAN ASSET MANAGEMENT, INC 0.42% of their portfolio ST PAUL, MN 265,791265.8k $10.5m $10.5m 0.42% Reduced -31.0k -31,000
14 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 257,816257.8k $10.2m $10.2m 0.01% Reduced -222.2k -222,219
15 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.07% of their portfolio Madrid, U3 240,314240.3k $9.5m $9.5m 0.07% Added +29.3k +29,341
16 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 218,839218.8k $8.7m $8.7m 0.01% Reduced -157.7k -157,747
17 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 199,586199.6k $7.9m $7.9m 0.00% Reduced -632.2k -632,191
18 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 172,602172.6k $6.8m $6.8m 0.00% Reduced -18.7k -18,695
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 169,137169.1k $6.5m $6.5m 0.00% Added +67.7k +67,655
20 Equitable Holdings, Inc. 0.09% of their portfolio NEW YORK, NY 163,796163.8k $13.2m $13.2m 0.09% Added +10.6k +10,615
21 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 153,384153.4k $6.1m $6.1m 0.01% Reduced -40.9k -40,895
22 Ameliora Wealth Management Ltd. 1.57% of their portfolio ZURICH, V8 124,387124.4k $4.9m $4.9m 1.57% Added +17.2k +17,178
23 Quadrature Capital Ltd 0.06% of their portfolio LONDON, X0 120,298120.3k $4.8m $4.8m 0.06% Added +32.9k +32,907
24 CSM Advisors, LLC 0.10% of their portfolio WARRENDALE, PA 107,652107.7k $4.3m $4.3m 0.10% Added +4.0k +4,006
25 Prostatis Group LLC 0.91% of their portfolio HANOVER, MD 89,76489.8k $3.6m $3.6m 0.91% Reduced -7.3k -7,280
26 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 88,55588.6k $3.5m $3.5m 0.00% Reduced -31.9k -31,910
27 MMA ASSET MANAGEMENT LLC 1.16% of their portfolio New York, NY 83,06283.1k $3.3m $3.3m 1.16% Added +1.1k +1,062
28 Vontobel Holding Ltd. 0.01% of their portfolio ZURICH, V8 81,79081.8k $3.2m $3.2m 0.01% Reduced -12.3k -12,321
29 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 80,54680.5k $3.2m $3.2m 0.02% Reduced -35.1k -35,095
30 HOLLENCREST CAPITAL MANAGEMENT 0.10% of their portfolio NEWPORT BEACH, CA 65,57565.6k $2.6m $2.6m 0.10% Added +100 +100
31 PATTEN & PATTEN INC/TN 0.16% of their portfolio CHATTANOOGA, TN 65,10065.1k $2.6m $2.6m 0.16% Added +5.3k +5,325
32 GTS SECURITIES LLC 0.09% of their portfolio NEW YORK, NY 64,80464.8k $2.6m $2.6m 0.09% Added +31.8k +31,824
33 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 58,41258.4k $2.3m $2.3m 0.00% Added +39.9k +39,882
34 FIDUCIARY FINANCIAL GROUP, LLC 0.28% of their portfolio SAN RAFAEL, CA 54,09954.1k $2.1m $2.1m 0.28% Reduced -9.9k -9,921
35 Idaho Trust Co 0.67% of their portfolio BOISE, ID 52,18052.2k $2.1m $2.1m 0.67% Reduced -16.2k -16,165
36 ZACKS INVESTMENT MANAGEMENT 0.02% of their portfolio Chicago, IL 51,78851.8k $2.1m $2.1m 0.02% Reduced -29.3k -29,317
37 3EDGE Asset Management, LP 0.09% of their portfolio Naples, FL 50,99651.0k $2.0m $2.0m 0.09% Reduced -341.0k -340,991
38 BigSur Wealth Management LLC 0.55% of their portfolio MIAMI, FL 49,00049.0k $1.9m $1.9m 0.55% Reduced -10.2k -10,180
39 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 48,94348.9k $1.9m $1.9m 0.00% Added +8.1k +8,070
40 SCOTIA CAPITAL INC. 0.01% of their portfolio TORONTO, A6 48,27448.3k $1.9m $1.9m 0.01% Added +5.7k +5,678
41 Advocacy Wealth Management, LLC 0.08% of their portfolio ATLANTA, GA 45,78245.8k $1.8m $1.8m 0.08% Added +5.8k +5,771
42 CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio PARIS, I0 45,19745.2k $1.8m $1.8m 0.02% Added +14.6k +14,600
43 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 44,71244.7k $1.8m $1.8m 0.00% Added +7.2k +7,238
44 Viewpoint Capital Management LLC 0.82% of their portfolio SEATTLE, WA 44,06144.1k $1.7m $1.7m 0.82% Added +870 +870
45 SBI Securities Co., Ltd. 0.04% of their portfolio TOKYO, M0 41,33441.3k $1.6m $1.6m 0.04% Reduced -99.6k -99,622
46 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 38,24838.2k $1.5m $1.5m 0.00% Added +13.9k +13,860
47 Strategic Financial Partners, Ltd. 0.65% of their portfolio Bend, OR 37,70837.7k $1.5m $1.5m 0.65% Reduced -11.8k -11,818
48 Sankala Group LLC 1.12% of their portfolio LYONS, CO 35,65635.7k $1.4m $1.4m 1.12% Added +489 +489
49 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 35,21435.2k $1.4m $1.4m 0.00% Reduced -2.8k -2,822
50 Caprock Group, LLC 0.03% of their portfolio BOISE, ID 34,90534.9k $1.4m $1.4m 0.03% Added +12.3k +12,348
51 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 34,55834.6k $1.4m $1.4m 0.00% Reduced -33.2k -33,152
52 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 34,51934.5k $1.4m $1.4m 0.00% Added +100 +100
53 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 34,08834.1k $1.4m $1.4m 0.00% Added +27.7k +27,743
54 Global Endowment Management, LP 0.15% of their portfolio CHARLOTTE, NC 33,50033.5k $1.3m $1.3m 0.15% Unchanged
55 GFS Advisors, LLC 0.08% of their portfolio HOUSTON, TX 32,29632.3k $1.3m $1.3m 0.08% Added +7.3k +7,296
56 Tradewinds Capital Management, LLC 0.25% of their portfolio BELLINGHAM, WA 31,44031.4k $1.2m $1.2m 0.25% Reduced -14 -14
57 Dynamic Wealth Strategies, LLC 0.68% of their portfolio GRANITE BAY, CA 29,58929.6k $1.2m $1.2m 0.68% Added +1.2k +1,225
58 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 29,35929.4k $1.2m $1.2m 0.00% Reduced -390 -390
59 Solstein Capital, LLC 0.45% of their portfolio Menlo Park, CA 27,64427.6k $1.1m $1.1m 0.45% Added +7.7k +7,673
60 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 26,91326.9k $1.1m $1.1m 0.00% Reduced -70.1k -70,067
61 Barry Investment Advisors, LLC 0.22% of their portfolio NEW BEDFORD, MA 25,54525.5k $1.0m $1.0m 0.22% Added +1.2k +1,224
62 Kohmann Bosshard Financial Services, LLC 0.10% of their portfolio FAIRLAWN, OH 25,54325.5k $1.0m $1.0m 0.10% Unchanged
63 PINEBRIDGE INVESTMENTS LLC 0.01% of their portfolio NEW YORK, NY 25,47925.5k $1.0m $1.0m 0.01% Unchanged
64 Mariner, LLC 0.00% of their portfolio Overland Park, KS 25,39025.4k $1.0m $1.0m 0.00% Reduced -4.1k -4,110
65 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 25,19325.2k $999.4k $999.4k 0.01% Reduced -13.9k -13,923
66 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 25,13425.1k $997.1k $997.1k 0.00% Reduced -12.2k -12,198
67 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 25,00025.0k $991.8k $991.8k 0.00% Reduced -15.0k -15,000
68 Texas Yale Capital Corp. 0.03% of their portfolio ST. PETERSBURG, FL 24,68524.7k $979.3k $979.3k 0.03% Unchanged
69 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 24,19624.2k $960.1k $960.1k 0.00% Reduced -820 -820
70 Robertson Stephens Wealth Management, LLC 0.03% of their portfolio San Francisco, CA 23,77623.8k $943.2k $943.2k 0.03% Reduced -25.6k -25,639
71 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 22,99623.0k $912.0k $912.0k 0.00% New
72 Clear Harbor Asset Management, LLC 0.06% of their portfolio Stamford, CT 22,28622.3k $884.1k $884.1k 0.06% Reduced -1.8k -1,830
73 Walleye Trading LLC 0.02% of their portfolio NEW YORK, NY 21,71321.7k $861.4k $861.4k 0.02% New
74 NorthCoast Asset Management LLC 0.02% of their portfolio STAMFORD, CT 19,78019.8k $784.7k $784.7k 0.02% Added +3.3k +3,283
75 Mutual Advisors, LLC 0.02% of their portfolio OMAHA, NE 19,37319.4k $768.5k $768.5k 0.02% Added +530 +530
76 Trek Financial, LLC 0.04% of their portfolio Scottsdale, AZ 19,32319.3k $766.5k $766.5k 0.04% Added +6.8k +6,757
77 JAMES INVESTMENT RESEARCH, INC. 0.08% of their portfolio ALPHA, OH 19,02719.0k $754.8k $754.8k 0.08% Added +500 +500
78 Allie Family Office LLC 0.32% of their portfolio MIAMI, FL 18,18018.2k $721.2k $721.2k 0.32% Unchanged
79 TWO SIGMA SECURITIES, LLC 0.08% of their portfolio NEW YORK, NY 18,11018.1k $718.4k $718.4k 0.08% New
80 Pathway Financial Advisors LLC 0.09% of their portfolio SOUTH BURLINGTON, VT 17,50017.5k $698.2k $698.2k 0.09% Unchanged
81 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 16,94416.9k $672.2k $672.2k 0.00% Added +6.9k +6,857
82 F&V Capital Management, LLC 0.14% of their portfolio BOCA RATON, FL 16,63016.6k $660.0k $660.0k 0.14% Unchanged
83 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 15,50015.5k $614.9k $614.9k 0.00% Reduced -33.7k -33,700
84 HARBOUR INVESTMENT MANAGEMENT LLC 0.33% of their portfolio EDMONDS, WA 15,24815.2k $604.9k $604.9k 0.33% Reduced -1.6k -1,625
85 LOM Asset Management Ltd 0.17% of their portfolio Hamilton, D0 15,00015.0k $595.0k $595.0k 0.17% Unchanged
86 Dynamic Advisor Solutions LLC 0.02% of their portfolio PHOENIX, AZ 14,48214.5k $574.5k $574.5k 0.02% Added +1.7k +1,702
87 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 14,34214.3k $568.9k $568.9k 0.00% Added +535 +535
88 EVERGREEN CAPITAL MANAGEMENT LLC 0.01% of their portfolio Bellevue, WA 13,93613.9k $552.8k $552.8k 0.01% Added +985 +985
89 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 13,70513.7k $544.0k $544.0k 0.00% Reduced -17.1k -17,070
90 TWIN FOCUS CAPITAL PARTNERS, LLC 0.06% of their portfolio Boston, MA 13,52413.5k $536.5k $536.5k 0.06% Added +2.9k +2,852
91 Evelyn Partners Investment Management (Europe) Ltd 0.18% of their portfolio Dublin, L2 13,35413.4k $529.8k $529.8k 0.18% Added +668 +668
92 Curat Global, LLC 0.52% of their portfolio SPRINGFIELD, NH 13,29913.3k $527.6k $527.6k 0.52% Unchanged
93 BFI Infinity Ltd. 0.29% of their portfolio ZURICH, V8 13,16913.2k $522.4k $522.4k 0.29% Unchanged
94 SUN LIFE FINANCIAL INC 0.03% of their portfolio Toronto, A6 13,09513.1k $519.0k $519.0k 0.03% Unchanged
95 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 12,34412.3k $489.7k $489.7k 0.00% Reduced -1.6k -1,627
96 CX Institutional 0.01% of their portfolio AUBURN, IN 12,24012.2k $486.0k $486.0k 0.01% Reduced -52 -52
97 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 12,10012.1k $480.0k $480.0k 0.00% New
98 Dorsey Wright & Associates 0.05% of their portfolio PASADENA, CA 11,08211.1k $439.6k $439.6k 0.05% New
99 Brookstone Capital Management 0.00% of their portfolio WHEATON, IL 10,53310.5k $417.8k $417.8k 0.00% Reduced -1.2k -1,189
100 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 10,43310.4k $413.9k $413.9k 0.00% Reduced -31.3k -31,304