Vault-13

ISHARES TR INDA

MSCI INDIA ETF · ETP · CUSIP 46429B598

582 institutional holders -36 vs Q4 2024
160,003,397160.0m shares reported held*
$8.4bnreported value*
66 new 161 added 224 reduced 98 sold out net sold ≈ $459.8m (-8.5m 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 ($6.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $52.48. Options: 13 managers hold calls ($485.0m notional), 11 hold puts ($107.2m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 314Q4 22: 330Q1 23: 320Q2 23: 367Q3 23: 422Q4 23: 473Q1 24: 556Q2 24: 609Q3 24: 634Q4 24: 618Q1 25: 582582Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022314
Q4 2022330
Q1 2023320
Q2 2023367
Q3 2023422
Q4 2023473
Q1 2024556
Q2 2024609
Q3 2024634
Q4 2024618
Q1 2025582

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 185 bought or addedQ2 23: 124 cut or sold outQ3 23: 242 bought or addedQ3 23: 110 cut or sold outQ3 23Q4 23: 245 bought or addedQ4 23: 153 cut or sold outQ1 24: 340 bought or addedQ1 24: 163 cut or sold outQ1 24Q2 24: 366 bought or addedQ2 24: 193 cut or sold outQ3 24: 327 bought or addedQ3 24: 216 cut or sold outQ3 24Q4 24: 269 bought or addedQ4 24: 317 cut or sold outQ1 25: 227 bought or addedQ1 25: 322 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023185124
Q3 2023242110
Q4 2023245153
Q1 2024340163
Q2 2024366193
Q3 2024327216
Q4 2024269317
Q1 2025227322

Calls vs puts

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

CallsPuts
$0$200m$400m$600mQ2 24 calls: $238.1mQ2 24 puts: $215.4mQ2 24P/C 0.90Q3 24 calls: $198.0mQ3 24 puts: $270.3mQ3 24P/C 1.36Q4 24 calls: $67.1mQ4 24 puts: $14.6mQ4 24P/C 0.22Q1 25 calls: $485.0mQ1 25 puts: $107.2mQ1 25P/C 0.22
Numbers
QuarterCallsPutsP/C
Q2 2024$238.1m$215.4m0.90
Q3 2024$198.0m$270.3m1.36
Q4 2024$67.1m$14.6m0.22
Q1 2025$485.0m$107.2m0.22

Biggest buyers

TEACHER RETIREMENT SYSTEM OF TEXAS New +5,691,576+5.7m
State of Tennessee, Department of Treasury Added +4,954,298+5.0m
Man Group plc Added +1,641,940+1.6m
UBS Group AG Added +1,005,075+1.0m
ACADIAN ASSET MANAGEMENT LLC New +858,238+858.2k
Quadrature Capital Ltd New +667,949+667.9k
Russell Investments Group, Ltd. Added +437,088+437.1k
LMR Partners LLP New +337,028+337.0k
BlackRock, Inc. Added +336,389+336.4k
Bank of New York Mellon Corp Added +292,267+292.3k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -3,187,305-3.2m
JANE STREET GROUP, LLC Reduced -2,983,910-3.0m
JPMORGAN CHASE & CO Reduced -2,824,240-2.8m
OLD MISSION CAPITAL LLC Sold out -2,092,807-2.1m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -1,506,397-1.5m
DEUTSCHE BANK AG\ Reduced -1,117,824-1.1m
3EDGE Asset Management, LP Reduced -1,100,913-1.1m
WELLS FARGO & COMPANY/MN Reduced -968,513-968.5k
JENNISON ASSOCIATES LLC Sold out -929,467-929.5k
MACKENZIE FINANCIAL CORP Reduced -918,264-918.3k

Biggest calls

UBS Group AG New $250.9m4.9m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $67.7m1.3m shares
BANK OF AMERICA CORP /DE/ New $41.2m800.0k shares
MILLENNIUM MANAGEMENT LLC New $41.2m800.0k shares
NOMURA HOLDINGS INC Added $23.9m463.5k shares
Calamos Advisors LLC New $15.4m293.5k shares
BARCLAYS PLC New $12.9m250.1k shares
CITADEL ADVISORS LLC Reduced $10.1m196.0k shares
WELLS FARGO & COMPANY/MN New $7.8m151.4k shares
CAPITAL FUND MANAGEMENT S.A. New $6.9m134.7k shares

Biggest puts

UBS Group AG New $26.8m520.0k shares
Schonfeld Strategic Advisors LLC New $24.5m475.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $13.4m260.8k shares
WELLS FARGO & COMPANY/MN New $12.8m249.5k shares
CITADEL ADVISORS LLC Added $10.4m202.6k shares
CAPITAL FUND MANAGEMENT S.A. New $9.2m178.5k shares
CREDIT INDUSTRIEL ET COMMERCIAL New $5.0m98.0k shares
WOLVERINE TRADING, LLC Added $3.8m73.8k shares
Belvedere Trading LLC New $1.0m20.0k shares
Black Maple Capital Management LP New $257.4k5.0k 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, Inc. 13G · institution -5.6 pts · filed 2026-10-05 5.9% -5.6 pts 7.3m≈ $361.8m 2026-10-05

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 State of Tennessee, Department of Treasury 3.09% of their portfolio NASHVILLE, TN 15,629,32915.6m $804.6m $804.6m 3.09% Added +5.0m +4,954,298
2 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 9,715,8139.7m $500.2m $500.2m 0.04% Reduced -693.7k -693,675
3 Police & Firemen's Retirement System of New Jersey 5.04% of their portfolio TRENTON, NJ 9,684,3859.7m $498.6m $498.6m 5.04% Added +291.0k +291,000
4 BlackRock, Inc. 0.01% of their portfolio New York, NY 9,461,2269.5m $487.1m $487.1m 0.01% Added +336.4k +336,389
5 Bank of New York Mellon Corp 0.09% of their portfolio NEW YORK, NY 8,549,5158.5m $440.1m $440.1m 0.09% Added +292.3k +292,267
6 NORTHERN TRUST CORP 0.06% of their portfolio CHICAGO, IL 7,196,6317.2m $370.5m $370.5m 0.06% Added +13.7k +13,671
7 TEACHER RETIREMENT SYSTEM OF TEXAS 1.22% of their portfolio AUSTIN, TX 5,691,5765.7m $293.0m $293.0m 1.22% New
8 Legal & General Group Plc 0.07% of their portfolio London, X0 5,040,0585.0m $259.4m $259.4m 0.07% Reduced -40.0k -40,000
9 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 5,014,0225.0m $258.1m $258.1m 0.02% Reduced -597.0k -597,042
10 UBS Group AG 0.05% of their portfolio ZURICH, V8 4,035,5714.0m $207.8m $207.8m 0.05% Added +1.0m +1,005,075
11 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 3,815,6493.8m $196.4m $196.4m 0.01% Reduced -2.8m -2,824,240
12 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.16% of their portfolio BOSTON, MA 3,809,3993.8m $196.1m $196.1m 0.16% Reduced -812.1k -812,136
13 FMR LLC 0.01% of their portfolio BOSTON, MA 3,195,3303.2m $164.5m $164.5m 0.01% Reduced -90.1k -90,091
14 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 3,135,9473.1m $161.4m $161.4m 0.01% Reduced -408.6k -408,625
15 Millburn Ridgefield LLC /DE/ 3.10% of their portfolio New York, NY 2,484,4812.5m $127.9m $127.9m 3.10% Added +257.3k +257,275
16 Catalyst Capital Advisors LLC 2.62% of their portfolio San Juan, PR 2,484,4812.5m $127.9m $127.9m 2.62% Added +257.3k +257,275
17 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.12% of their portfolio Toronto, A6 2,482,9782.5m $127.8m $127.8m 0.12% Reduced -491.0k -491,037
18 Euclidean Capital LLC 46.91% of their portfolio NEW YORK, NY 2,425,1442.4m $124.8m $124.8m 46.91% Unchanged
19 Ensign Peak Advisors, Inc 0.23% of their portfolio SALT LAKE CITY, UT 2,369,7392.4m $122.0m $122.0m 0.23% Reduced -257.4k -257,370
20 CITIGROUP INC 0.08% of their portfolio NEW YORK, NY 2,084,8402.1m $107.3m $107.3m 0.08% Reduced -254.9k -254,930
21 DEUTSCHE BANK AG\ 0.04% of their portfolio FRANKFURT AM MAIN, 2M 1,972,2062.0m $101.5m $101.5m 0.04% Reduced -1.1m -1,117,824
22 Man Group plc 0.29% of their portfolio LONDON, X0 1,916,1401.9m $98.6m $98.6m 0.29% Added +1.6m +1,641,940
23 Nipun Capital, L.P. 52.84% of their portfolio Foster City, CA 1,749,9451.7m $90.1m $90.1m 52.84% Added +136.6k +136,600
24 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,710,4911.7m $88.1m $88.1m 0.02% Reduced -968.5k -968,513
25 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 1,688,2521.7m $86.9m $86.9m 0.03% Reduced -104.0k -104,021
26 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 1,523,6631.5m $78.4m $78.4m 0.03% Reduced -292.5k -292,480
27 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,371,2681.4m $70.6m $70.6m 0.01% Reduced -3.2m -3,187,305
28 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 1,283,9771.3m $66.1m $66.1m 0.01% Reduced -161.4k -161,373
29 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.14% of their portfolio TORONTO, A6 1,200,0001.2m $61.8m $61.8m 0.14% Unchanged
30 BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.22% of their portfolio DALLAS, TX 1,192,4631.2m $61.4m $61.4m 0.22% Reduced -6.8k -6,807
31 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,108,0561.1m $57.1m $57.1m 0.02% Added +248.3k +248,312
32 AXIOM INVESTORS LLC /DE 0.27% of their portfolio GREENWICH, CT 1,105,2001.1m $56.9m $56.9m 0.27% Added +132.1k +132,100
33 Amundi 0.02% of their portfolio Paris, I0 1,098,2741.1m $56.3m $56.3m 0.02% Added +57.4k +57,407
34 ACADIAN ASSET MANAGEMENT LLC 0.12% of their portfolio Boston, MA 858,238858.2k $44.2m $44.2m 0.12% New
35 Rafferty Asset Management, LLC 0.17% of their portfolio New York, NY 786,123786.1k $40.5m $40.5m 0.17% Added +79.9k +79,904
36 Richard Bernstein Advisors LLC 0.97% of their portfolio NEW YORK, NY 775,729775.7k $39.9m $39.9m 0.97% Reduced -268.4k -268,371
37 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 745,844745.8k $38.4m $38.4m 0.01% Reduced -49.8k -49,759
38 COMERICA BANK 0.16% of their portfolio DALLAS, TX 744,400744.4k $38.3m $38.3m 0.16% Added +27.0k +26,969
39 YOUSIF CAPITAL MANAGEMENT, LLC 0.43% of their portfolio BLOOMFIELD HILLS, MI 727,125727.1k $37.4m $37.4m 0.43% Added +30.0k +29,994
40 Russell Investments Group, Ltd. 0.05% of their portfolio Seattle, WA 723,355723.4k $37.2m $37.2m 0.05% Added +437.1k +437,088
41 PRUDENTIAL FINANCIAL INC 0.05% of their portfolio NEWARK, NJ 710,692710.7k $37.7m $37.7m 0.05% Added +203.2k +203,170
42 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 709,838709.8k $36.5m $36.5m 0.03% First filing
43 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 685,088685.1k $35.3m $35.3m 0.01% Reduced -127.5k -127,503
44 Quadrature Capital Ltd 0.76% of their portfolio LONDON, X0 667,949667.9k $34.4m $34.4m 0.76% New
45 NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio NEW YORK, NY 647,761647.8k $33.3m $33.3m 0.03% Reduced -43.3k -43,259
46 Ninety One UK Ltd 0.08% of their portfolio London, X0 584,611584.6k $30.1m $30.1m 0.08% Reduced -16.0k -15,995
47 Ninety One North America, Inc. 2.02% of their portfolio New York, NY 581,663581.7k $29.9m $29.9m 2.02% Reduced -66.2k -66,195
48 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 544,839544.8k $28.0m $28.0m 0.01% Added +272.2k +272,219
49 Temasek Holdings (Private) Ltd 0.11% of their portfolio SINGAPORE, U0 538,508538.5k $27.7m $27.7m 0.11% Reduced -143.0k -143,000
50 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 514,170514.2k $26.5m $26.5m 0.03% Added +104.6k +104,641
51 Rice Partnership, LLC 5.37% of their portfolio HONOLULU, HI 508,621508.6k $26.2m $26.2m 5.37% Reduced -3.0k -3,042
52 Gray Foundation 7.88% of their portfolio Cohoes, NY 490,948490.9k $25.3m $25.3m 7.88% Unchanged
53 JANE STREET GROUP, LLC 0.05% of their portfolio NEW YORK, NY 490,854490.9k $25.3m $25.3m 0.05% Reduced -3.0m -2,983,910
54 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 467,958468.0k $24.1m $24.1m 0.04% Reduced -107.5k -107,547
55 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 460,970461.0k $23.7m $23.7m 0.03% Reduced -166.2k -166,174
56 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.26% of their portfolio New York, NY 441,366441.4k $22.7m $22.7m 0.26% Added +124.0k +123,984
57 New York Life Investment Management LLC 0.22% of their portfolio New York, NY 427,586427.6k $22.0m $22.0m 0.22% Reduced -87.9k -87,909
58 Qtron Investments LLC 3.25% of their portfolio Boston, MA 422,354422.4k $21.7m $21.7m 3.25% Added +3.2k +3,170
59 MACKENZIE FINANCIAL CORP 0.03% of their portfolio TORONTO ONTARIO, A6 412,032412.0k $21.2m $21.2m 0.03% Reduced -918.3k -918,264
60 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 389,675389.7k $20.1m $20.1m 0.01% Added +9.7k +9,663
61 PANAGORA ASSET MANAGEMENT INC 0.10% of their portfolio BOSTON, MA 376,197376.2k $19.4m $19.4m 0.10% Unchanged
62 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 344,058344.1k $17.7m $17.7m 0.00% Reduced -2.7k -2,700
63 STRS OHIO 0.07% of their portfolio COLUMBUS, OH 339,398339.4k $17.5m $17.5m 0.07% Unchanged
64 LMR Partners LLP 0.35% of their portfolio LONDON, X0 337,028337.0k $17.4m $17.4m 0.35% New
65 Allspring Global Investments Holdings, LLC 0.03% of their portfolio CHARLOTTE, NC 336,765336.8k $17.3m $17.3m 0.03% Reduced -225.7k -225,690
66 Fullerton Fund Management Co Ltd. 1.11% of their portfolio SINGAPORE, U0 335,851335.9k $17.3m $17.3m 1.11% Reduced -55.1k -55,093
67 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 335,744335.7k $17.3m $17.3m 0.01% Reduced -49.1k -49,067
68 M&T Bank Corp 0.06% of their portfolio BUFFALO, NY 327,525327.5k $16.9m $16.9m 0.06% Reduced -67.3k -67,300
69 State of New Jersey Common Pension Fund D 0.07% of their portfolio TRENTON, NJ 319,746319.7k $16.5m $16.5m 0.07% Added +188.0k +188,000
70 PRUDENTIAL PLC 0.08% of their portfolio LONDON, X0 306,158306.2k $15.8m $15.8m 0.08% Added +285.5k +285,488
71 SUN LIFE FINANCIAL INC 1.00% of their portfolio Toronto, A6 306,100306.1k $15.8m $15.8m 1.00% Unchanged
72 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 283,771283.8k $14.6m $14.6m 0.01% Added +24.3k +24,297
73 Mirae Asset Global Investments Co., Ltd. 0.05% of their portfolio SEOUL, M5 280,026280.0k $11.9m $11.9m 0.05% Reduced -20.0k -20,000
74 SHELL ASSET MANAGEMENT CO 0.66% of their portfolio THE HAGUE, P7 271,500271.5k $14.0m $14.0m 0.66% Added +400 +400
75 Vestcor Inc 0.47% of their portfolio FREDERICTON, A3 270,810270.8k $13.9m $13.9m 0.47% Unchanged
76 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 260,654260.7k $13.4m $13.4m 0.02% Unchanged
77 GROUP ONE TRADING LLC 0.54% of their portfolio CHICAGO, IL 252,788252.8k $13.0m $13.0m 0.54% New
78 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 248,612248.6k $12.8m $12.8m 0.02% Reduced -54.8k -54,812
79 Oaktree Fund Advisors, LLC 18.18% of their portfolio LOS ANGLES, CA 243,023243.0k $12.5m $12.5m 18.18% Added +54.6k +54,621
80 MBB PUBLIC MARKETS I LLC 1.39% of their portfolio CHICAGO, IL 233,724233.7k $12.0m $12.0m 1.39% Reduced -120.0k -120,000
81 NWI MANAGEMENT LP 1.44% of their portfolio NEW YORK, NY 210,000210.0k $10.8m $10.8m 1.44% Added +90.0k +90,000
82 Blackstone Inc. 0.04% of their portfolio NEW YORK, NY 174,600174.6k $9.0m $9.0m 0.04% New
83 Randolph Co Inc 1.02% of their portfolio Cincinnati, OH 169,667169.7k $8.7m $8.7m 1.02% Reduced -1.8k -1,812
84 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 169,598169.6k $8.7m $8.7m 0.02% Reduced -2.0k -2,046
85 SPINNAKER TRUST 0.57% of their portfolio PORTLAND, ME 168,852168.9k $8.7m $8.7m 0.57% Reduced -66.3k -66,310
86 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 168,027168.0k $8.7m $8.7m 0.01% Reduced -72.5k -72,450
87 SIH Partners, LLLP 0.74% of their portfolio Wilmington, DE 164,490164.5k $8.5m $8.5m 0.74% Reduced -565.3k -565,308
88 Harding Loevner LP 0.06% of their portfolio Bridgewater, NJ 157,699157.7k $8.1m $8.1m 0.06% Added +17.6k +17,560
89 Cornerstone Capital, Inc. 0.85% of their portfolio Palo Alto, CA 153,187153.2k $7.9m $7.9m 0.85% Added +1.6k +1,620
90 Stratos Wealth Advisors, LLC 0.42% of their portfolio BEACHWOOD, OH 148,778148.8k $7.7m $7.7m 0.42% Added +9.6k +9,638
91 Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio CHIYODA-KU, TOKYO, M0 148,722148.7k $7.7m $7.7m 0.01% Added +8.3k +8,339
92 Point72 Europe (London) LLP 0.53% of their portfolio LONDON, X0 148,600148.6k $7.6m $7.6m 0.53% Added +62.5k +62,493
93 WOLVERINE TRADING, LLC 0.24% of their portfolio CHICAGO, IL 146,282146.3k $7.5m $7.5m 0.24% New
94 CAUSEWAY CAPITAL MANAGEMENT LLC 0.15% of their portfolio LOS ANGELES, CA 143,169143.2k $7.4m $7.4m 0.15% Reduced -87.4k -87,422
95 Royal Fund Management, LLC 0.86% of their portfolio Lady Lake, FL 139,424139.4k $7.2m $7.2m 0.86% Added +2.6k +2,628
96 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 131,735131.7k $6.8m $6.8m 0.01% Added +83.9k +83,924
97 Capula Management Ltd 0.05% of their portfolio Grand Cayman, E9 129,463129.5k $6.7m $6.7m 0.05% Added +68.4k +68,363
98 PEAK FINANCIAL ADVISORS LLC 3.39% of their portfolio DENVER, CO 129,274129.3k $6.7m $6.7m 3.39% Added +5.6k +5,636
99 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio CAUSEWAY BAY, K3 126,639126.6k $6.5m $6.5m 0.01% New
100 Aberdeen Group plc 0.01% of their portfolio EDINBURGH, X0 125,388125.4k $6.5m $6.5m 0.01% Added +69.4k +69,447