Vault-13

ISHARES TR AAXJ

MSCI AC ASIA ETF · ETP · CUSIP 464288182 · ISIN US4642881829

190 institutional holders +2 vs Q1 2025
14,605,02114.6m shares reported held*
$1.2bnreported value*
15 new 55 added 64 reduced 15 sold out net sold ≈ $44.9m (-560.0k 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 ($107.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $82.60. Options: 1 managers hold calls ($553.6k notional), 0 hold puts (—).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 186Q4 22: 197Q1 23: 205Q2 23: 194Q3 23: 182Q4 23: 176Q1 24: 175Q2 24: 176Q3 24: 172Q4 24: 183Q1 25: 188Q2 25: 190190Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022186
Q4 2022197
Q1 2023205
Q2 2023194
Q3 2023182
Q4 2023176
Q1 2024175
Q2 2024176
Q3 2024172
Q4 2024183
Q1 2025188
Q2 2025190

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 48 bought or addedQ3 23: 110 cut or sold outQ4 23: 69 bought or addedQ4 23: 92 cut or sold outQ4 23Q1 24: 65 bought or addedQ1 24: 90 cut or sold outQ2 24: 59 bought or addedQ2 24: 76 cut or sold outQ2 24Q3 24: 49 bought or addedQ3 24: 88 cut or sold outQ4 24: 62 bought or addedQ4 24: 75 cut or sold outQ4 24Q1 25: 66 bought or addedQ1 25: 73 cut or sold outQ2 25: 70 bought or addedQ2 25: 79 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202348110
Q4 20236992
Q1 20246590
Q2 20245976
Q3 20244988
Q4 20246275
Q1 20256673
Q2 20257079

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ3 24 calls: $384.4kQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $418.6kQ4 24 puts: $324.8kQ4 24P/C 0.78Q1 25 calls: $384.8kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $553.6kQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$384.4k$00.00
Q4 2024$418.6k$324.8k0.78
Q1 2025$384.8k$00.00
Q2 2025$553.6k$00.00

Biggest buyers

PRAGMA GESTAO DE PATRIMONIO LTD Added +559,000+559.0k
WELLINGTON MANAGEMENT GROUP LLP Added +232,652+232.7k
OVERSEA-CHINESE BANKING Corp Ltd Added +168,810+168.8k
Saudi Central Bank New +144,151+144.2k
GOLDMAN SACHS GROUP INC Added +129,714+129.7k
BFI Infinity Ltd. Added +54,705+54.7k
RAYMOND JAMES FINANCIAL INC Added +47,111+47.1k
SCHRODER INVESTMENT MANAGEMENT GROUP Added +45,980+46.0k
ENVESTNET ASSET MANAGEMENT INC Added +42,599+42.6k
Allianz Asset Management GmbH New +41,800+41.8k

Biggest sellers

JANE STREET GROUP, LLC Sold out -604,781-604.8k
FLOW TRADERS U.S. LLC Sold out -395,613-395.6k
OLD MISSION CAPITAL LLC Sold out -231,213-231.2k
BANK OF AMERICA CORP /DE/ Reduced -221,502-221.5k
ROYAL BANK OF CANADA Reduced -208,679-208.7k
Cresset Asset Management, LLC Reduced -152,000-152.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -85,732-85.7k
Journey Advisory Group, LLC Reduced -55,003-55.0k
ALLIANCEBERNSTEIN L.P. Reduced -41,803-41.8k
RENAISSANCE TECHNOLOGIES LLC Reduced -34,700-34.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $553.6k6.7k shares

Biggest puts

None

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.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 2,953,6493.0m $244.0m $244.0m 0.02% Reduced -23.4k -23,351
2 OVERSEA-CHINESE BANKING Corp Ltd 3.27% of their portfolio SINGAPORE, U0 1,399,8301.4m $115.7m $115.7m 3.27% Added +168.8k +168,810
3 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,062,1901.1m $87.8m $87.8m 0.01% Added +26.0k +25,977
4 PRAGMA GESTAO DE PATRIMONIO LTD 28.85% of their portfolio SAO PAULO, D5 799,000799.0k $66.0m $66.0m 28.85% Added +559.0k +559,000
5 Analyst IMS Investment Management Services Ltd. 2.23% of their portfolio Tel-aviv, L3 789,214789.2k $65.2m $65.2m 2.23% Added +4.9k +4,940
6 J.Safra Asset Management Corp 4.49% of their portfolio NEW YORK, NY 780,910780.9k $64.5m $64.5m 4.49% Added +26.6k +26,650
7 CIBC Private Wealth Group LLC 0.11% of their portfolio ATLANTA, GA 739,956740.0k $61.1m $61.1m 0.11% Reduced -16.9k -16,863
8 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 543,129543.1k $44.9m $44.9m 0.01% Reduced -41.8k -41,803
9 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 402,315402.3k $33.2m $33.2m 0.01% Added +232.7k +232,652
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 297,281297.3k $24.6m $24.6m 0.00% Reduced -221.5k -221,502
11 PGIM Custom Harvest LLC 0.46% of their portfolio NEWARK, NJ 272,976273.0k $22.6m $22.6m 0.46% Reduced -16.5k -16,480
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 241,625241.6k $20.0m $20.0m 0.00% Added +5.7k +5,684
13 Bank Julius Baer & Co. Ltd, Zurich 0.05% of their portfolio ZURICH, V8 202,627202.6k $16.7m $16.7m 0.05% Reduced -6.5k -6,461
14 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 185,692185.7k $15.3m $15.3m 0.00% Added +129.7k +129,714
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 183,154183.2k $15.1m $15.1m 0.00% Reduced -208.7k -208,679
16 Global Endowment Management, LP 1.86% of their portfolio CHARLOTTE, NC 169,272169.3k $14.0m $14.0m 1.86% Reduced -1.4k -1,395
17 BFI Infinity Ltd. 10.56% of their portfolio ZURICH, V8 152,858152.9k $12.6m $12.6m 10.56% Added +54.7k +54,705
18 Saudi Central Bank 0.49% of their portfolio Riyadh, T0 144,151144.2k $11.9m $11.9m 0.49% New
19 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 129,123129.1k $10.7m $10.7m 0.01% Reduced -270 -270
20 Arvest Bank Trust Division 0.60% of their portfolio DEWEY, OK 124,060124.1k $10.2m $10.2m 0.60% Reduced -360 -360
21 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 122,493122.5k $10.1m $10.1m 0.00% Added +9.3k +9,256
22 FIDUCIARY FINANCIAL GROUP, LLC 1.71% of their portfolio SAN RAFAEL, CA 114,147114.1k $9.5m $9.5m 1.71% Added +5.1k +5,099
23 Palisades Hudson Asset Management, L.P. 3.54% of their portfolio FORT LAUDERDALE, FL 109,539109.5k $9.1m $9.1m 3.54% Added +6.9k +6,887
24 GFS Advisors, LLC 1.23% of their portfolio HOUSTON, TX 109,145109.1k $9.0m $9.0m 1.23% Reduced -2.2k -2,235
25 Banco Santander, S.A. 0.08% of their portfolio Madrid, U3 104,422104.4k $8.6m $8.6m 0.08% Added +4.4k +4,365
26 Kera Capital Partners, Inc. 1.33% of their portfolio SACRAMENTO, CA 81,40981.4k $6.7m $6.7m 1.33% Added +2.4k +2,435
27 EDMOND DE ROTHSCHILD HOLDING S.A. 0.10% of their portfolio CHAMBESY, V8 78,93578.9k $6.5m $6.5m 0.10% Unchanged
28 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 74,74174.7k $6.2m $6.2m 0.01% Added +501 +501
29 Rothschild & Co Wealth Management UK Ltd 0.09% of their portfolio London, X0 73,98074.0k $6.1m $6.1m 0.09% Added +5.5k +5,514
30 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 68,20968.2k $5.6m $5.6m 0.00% Added +47.1k +47,111
31 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 67,60767.6k $5.6m $5.6m 0.01% Added +10.3k +10,316
32 Evolution Wealth Advisors, LLC 0.78% of their portfolio AVENTURA, FL 64,52764.5k $5.3m $5.3m 0.78% Reduced -743 -743
33 Quantinno Capital Management LP 0.02% of their portfolio NEW YORK, NY 60,89060.9k $5.0m $5.0m 0.02% Added +8.2k +8,206
34 EFG Private Wealth Management (Americas) Corp. 0.87% of their portfolio MIAMI, FL 57,04057.0k $4.7m $4.7m 0.87% Added +10.3k +10,343
35 Banque Cantonale Vaudoise 0.19% of their portfolio LAUSANNE, V8 54,96355.0k $4.5m $4.5m 0.19% Added +5.0k +5,018
36 Journey Advisory Group, LLC 0.35% of their portfolio COVINGTON, KY 54,14754.1k $4.5m $4.5m 0.35% Reduced -55.0k -55,003
37 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 53,23053.2k $4.4m $4.4m 0.00% Added +46.0k +45,980
38 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 52,31652.3k $4.3m $4.3m 0.00% Added +42.6k +42,599
39 MAI Capital Management 0.03% of their portfolio INDEPENDENCE, OH 49,72049.7k $4.1m $4.1m 0.03% Added +120 +120
40 AlphaCore Capital LLC 0.16% of their portfolio LA JOLLA, CA 49,63449.6k $4.1m $4.1m 0.16% Added +2.5k +2,510
41 BAILARD, INC. 0.09% of their portfolio Foster City, CA 48,48048.5k $4.0m $4.0m 0.09% Added +264 +264
42 Tolleson Wealth Management, Inc. 0.62% of their portfolio DALLAS, TX 43,82643.8k $3.6m $3.6m 0.62% Reduced -70 -70
43 EVERGREEN CAPITAL MANAGEMENT LLC 0.11% of their portfolio Bellevue, WA 43,20543.2k $3.6m $3.6m 0.11% Reduced -109 -109
44 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 41,80041.8k $3.5m $3.5m 0.00% New
45 ARVEST INVESTMENTS, INC. 0.51% of their portfolio LOWELL, AR 41,19341.2k $3.4m $3.4m 0.51% Reduced -918 -918
46 SPINNAKER TRUST 0.20% of their portfolio PORTLAND, ME 39,73839.7k $3.3m $3.3m 0.20% Reduced -927 -927
47 Federation des caisses Desjardins du Quebec 0.01% of their portfolio LEVIS, A8 39,27839.3k $3.2m $3.2m 0.01% Added +189 +189
48 Zurich Insurance Group Ltd/FI 0.02% of their portfolio ZURICH, V8 38,34038.3k $3.1m $3.1m 0.02% Reduced -8.9k -8,942
49 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 36,78336.8k $3.0m $3.0m 0.00% Reduced -830 -830
50 Nicholas Hoffman & Company, LLC. 0.08% of their portfolio ATLANTA, GA 36,35236.4k $3.0m $3.0m 0.08% Unchanged
51 BANK OF NOVA SCOTIA 0.01% of their portfolio TORONTO, A6 34,96035.0k $2.9m $2.9m 0.01% Added +17.7k +17,710
52 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 34,48134.5k $2.8m $2.8m 0.00% Added +1.6k +1,644
53 James Hambro & Partners LLP 0.11% of their portfolio LONDON, X0 34,21034.2k $2.8m $2.8m 0.11% Reduced -3.1k -3,140
54 Climber Capital SA 1.50% of their portfolio NYON, V8 32,67032.7k $2.3m $2.3m 1.50% Unchanged
55 FPC INVESTMENT ADVISORY, INC. 1.73% of their portfolio PETALUMA, CA 32,62032.6k $2.8m $2.8m 1.73% Reduced -2.8k -2,829
56 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 31,99132.0k $2.6m $2.6m 0.00% Added +118 +118
57 Pathway Financial Advisors LLC 0.38% of their portfolio SOUTH BURLINGTON, VT 31,59031.6k $2.6m $2.6m 0.38% Reduced -1.6k -1,591
58 Prospera Financial Services Inc 0.05% of their portfolio Dallas, TX 31,11431.1k $2.6m $2.6m 0.05% New
59 iA Global Asset Management Inc. 0.04% of their portfolio QUEBEC, A8 28,16528.2k $2.3m $2.3m 0.04% Added +75 +75
60 BlackRock, Inc. 0.00% of their portfolio New York, NY 27,04027.0k $2.2m $2.2m 0.00% Reduced -41 -41
61 Evercore Wealth Management, LLC 0.03% of their portfolio New York, NY 26,16026.2k $2.2m $2.2m 0.03% Reduced -294 -294
62 COMMERCE BANK 0.01% of their portfolio KANSAS CITY, MO 25,90725.9k $2.1m $2.1m 0.01% Reduced -135 -135
63 SOL Capital Management CO 0.21% of their portfolio ROCKVILLE, MD 25,72425.7k $2.1m $2.1m 0.21% Reduced -1.8k -1,780
64 Moneda S.A. Administradora General de Fondos 2.20% of their portfolio LAS CONDES, SANTIAGO, F3 24,58624.6k $2.0m $2.0m 2.20% Reduced -11.9k -11,897
65 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 24,20024.2k $2.0m $2.0m 0.00% Reduced -34.7k -34,700
66 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 22,92722.9k $1.9m $1.9m 0.00% Unchanged
67 Modern Wealth Management, LLC 0.04% of their portfolio KANSAS CITY, MO 21,25621.3k $1.8m $1.8m 0.04% Reduced -978 -978
68 Activest Wealth Management 0.42% of their portfolio AVENTURA, FL 20,98421.0k $1.7m $1.7m 0.42% Added +577 +577
69 Rathbones Group PLC 0.01% of their portfolio Liverpool, X0 20,33220.3k $1.7m $1.7m 0.01% Reduced -737 -737
70 CW Advisors, LLC 0.02% of their portfolio BOSTON, MA 20,03320.0k $1.7m $1.7m 0.02% Reduced -1.1k -1,071
71 CONGRESS ASSET MANAGEMENT CO 0.01% of their portfolio BOSTON, MA 19,94419.9k $1.6m $1.6m 0.01% Reduced -1.2k -1,183
72 MMBG INVESTMENT ADVISORS CO. 0.16% of their portfolio MIAMI, FL 19,93019.9k $1.6m $1.6m 0.16% Reduced -2.2k -2,230
73 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 19,33019.3k $1.6m $1.6m 0.00% Added +459 +459
74 KPP Advisory Services LLC 0.24% of their portfolio Louisville, KY 17,94417.9k $1.5m $1.5m 0.24% Added +886 +886
75 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 16,90016.9k $1.4m $1.4m 0.00% Reduced -7.6k -7,600
76 Gruss & Co., LLC 6.37% of their portfolio WEST PALM BEACH, FL 16,50016.5k $1.4m $1.4m 6.37% Added +11.5k +11,500
77 National Philanthropic Trust 0.02% of their portfolio Jenkintown, PA 16,28516.3k $1.3m $1.3m 0.02% Reduced -10.3k -10,300
78 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 14,14214.1k $1.2m $1.2m 0.01% Reduced -1.6k -1,630
79 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 13,79113.8k $1.1m $1.1m 0.00% Added +1.8k +1,779
80 swisspartners Advisors Ltd 1.04% of their portfolio ZURICH, V8 13,39513.4k $1.1m $1.1m 1.04% Added +490 +490
81 Union Bancaire Privee, UBP SA 0.02% of their portfolio GENEVA 1, V8 13,35413.4k $1.1m $1.1m 0.02% Added +990 +990
82 Apollon Wealth Management, LLC 0.02% of their portfolio MOUNT PLEASANT, SC 12,57812.6k $1.0m $1.0m 0.02% Reduced -646 -646
83 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 11,54011.5k $953.4k $953.4k 0.00% Added +6.0k +6,040
84 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 10,53410.5k $870.3k $870.3k 0.00% Added +3.1k +3,115
85 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 10,50310.5k $867.8k $867.8k 0.01% New
86 Betterment LLC 0.00% of their portfolio NEW YORK, NY 10,12610.1k $837.0k $837.0k 0.00% Reduced -21 -21
87 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 9,5829.6k $791.7k $791.7k 0.00% Reduced -22.4k -22,362
88 BANQUE PICTET & CIE SA 0.01% of their portfolio GENEVA 73, V8 9,4189.4k $778.1k $778.1k 0.01% Unchanged
89 INSIGNEO ADVISORY SERVICES, LLC 0.07% of their portfolio MIAMI, FL 9,2539.3k $764.5k $764.5k 0.07% Added +429 +429
90 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 8,7898.8k $735.7k $735.7k 0.01% Reduced -63 -63
91 Independent Wealth Network Inc. 0.26% of their portfolio URBANDALE, IA 8,5708.6k $708.1k $708.1k 0.26% Added +37 +37
92 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 8,1298.1k $671.6k $671.6k 0.00% Reduced -152.0k -152,000
93 Ballentine Partners, LLC 0.01% of their portfolio Waltham, MA 7,9147.9k $653.9k $653.9k 0.01% Reduced -357 -357
94 Glenmede Investment Management, LP 0.00% of their portfolio PHILADELPHIA, PA 7,8217.8k $646.2k $646.2k 0.00% First filing
95 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 7,7887.8k $643.4k $643.4k 0.00% Unchanged
96 Savant Capital, LLC 0.00% of their portfolio ROCKFORD, IL 7,7537.8k $640.5k $640.5k 0.00% Reduced -40 -40
97 Finley Financial, LLC 0.32% of their portfolio LAS VEGAS, NV 7,5907.6k $627.1k $627.1k 0.32% Unchanged
98 Fullerton Fund Management Co Ltd. 0.03% of their portfolio SINGAPORE, U0 7,5277.5k $621.9k $621.9k 0.03% New
99 SCS Capital Management LLC 0.01% of their portfolio BOSTON, MA 6,8596.9k $566.7k $566.7k 0.01% Unchanged
100 Goelzer Investment Management, Inc. 0.03% of their portfolio CARMEL, IN 6,6936.7k $553.0k $553.0k 0.03% Unchanged