Vault-13

ISHARES TR INDA

MSCI INDIA ETF · ETP · CUSIP 46429B598

563 institutional holders -47 vs Q4 2025
141,161,706141.2m shares reported held*
$6.6bnreported value*
58 new 168 added 221 reduced 103 sold out net sold ≈ $631.8m (-12.7m 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 ($10.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.59. Options: 16 managers hold calls ($739.5m notional), 11 hold puts ($321.9m).

Trends to Q1 2026

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: 582Q2 25: 643Q3 25: 589Q4 25: 610Q1 26: 563563Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022314
Q4 2022330
Q1 2023320
Q2 2023367
Q3 2023422
Q4 2023473
Q1 2024556
Q2 2024609
Q3 2024634
Q4 2024618
Q1 2025582
Q2 2025643
Q3 2025589
Q4 2025610
Q1 2026563

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 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 25Q2 25: 338 bought or addedQ2 25: 222 cut or sold outQ3 25: 246 bought or addedQ3 25: 298 cut or sold outQ3 25Q4 25: 261 bought or addedQ4 25: 249 cut or sold outQ1 26: 226 bought or addedQ1 26: 324 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024366193
Q3 2024327216
Q4 2024269317
Q1 2025227322
Q2 2025338222
Q3 2025246298
Q4 2025261249
Q1 2026226324

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ2 25 calls: $222.4mQ2 25 puts: $90.7mQ2 25P/C 0.41Q3 25 calls: $276.3mQ3 25 puts: $113.9mQ3 25P/C 0.41Q4 25 calls: $395.2mQ4 25 puts: $54.3mQ4 25P/C 0.14Q1 26 calls: $739.5mQ1 26 puts: $321.9mQ1 26P/C 0.44
Numbers
QuarterCallsPutsP/C
Q2 2025$222.4m$90.7m0.41
Q3 2025$276.3m$113.9m0.41
Q4 2025$395.2m$54.3m0.14
Q1 2026$739.5m$321.9m0.44

Biggest buyers

BlackRock, Inc. Added +2,388,965+2.4m
Jordan Park Group LLC New +1,504,469+1.5m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. New +1,444,890+1.4m
UBS Group AG Added +1,225,099+1.2m
Blackstone Inc. Added +1,203,594+1.2m
ROYAL BANK OF CANADA Added +732,641+732.6k
Millburn Ridgefield LLC /DE/ Added +726,956+727.0k
Catalyst Capital Advisors LLC Added +726,956+727.0k
D. E. Shaw & Co., Inc. Added +692,089+692.1k
State of New Jersey Common Pension Fund D Added +690,492+690.5k

Biggest sellers

JANE STREET GROUP, LLC Sold out -4,400,850-4.4m
Vontobel Holding Ltd. Reduced -2,444,557-2.4m
State of Tennessee, Department of Treasury Reduced -2,084,642-2.1m
MANUFACTURERS LIFE INSURANCE COMPANY, THE Sold out -1,891,541-1.9m
BANK OF AMERICA CORP /DE/ Reduced -1,200,425-1.2m
BARROW HANLEY MEWHINNEY & STRAUSS LLC Sold out -1,098,714-1.1m
MORGAN STANLEY Reduced -1,055,784-1.1m
FMR LLC Reduced -1,047,183-1.0m
USS Investment Management Ltd Reduced -978,640-978.6k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -873,611-873.6k

Biggest calls

JANE STREET GROUP, LLC Added $266.8m5.7m shares
BANK OF MONTREAL /CAN/ New $157.6m3.4m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $72.9m1.6m shares
Squarepoint Ops LLC Added $48.7m1.0m shares
BARCLAYS PLC Reduced $32.8m700.0k shares
UBS Group AG Added $28.3m604.5k shares
TUDOR INVESTMENT CORP ET AL New $28.1m600.0k shares
Calamos Advisors LLC Added $25.1m464.3k shares
CITADEL ADVISORS LLC Added $22.9m489.6k shares
LMR Partners LLP New $20.1m429.0k shares

Biggest puts

OLP CAPITAL MANAGEMENT Ltd New $206.1m4.4m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $36.4m778.0k shares
Squarepoint Ops LLC Added $35.1m750.3k shares
Hiddenite Capital Partners LP New $23.4m500.0k shares
CITADEL ADVISORS LLC Added $11.4m244.1k shares
JANE STREET GROUP, LLC Added $3.6m77.7k shares
WELLS FARGO & COMPANY/MN Reduced $2.3m50.0k shares
UBS Group AG New $1.7m36.0k shares
CAPSTONE INVESTMENT ADVISORS, LLC New $1.3m27.5k shares
Point72 Asset Management, L.P. Reduced $257.6k5.5k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.02% of their portfolio New York, NY 20,577,30520.6m $963.8m $963.8m 0.02% Added +2.4m +2,388,965
2 State of Tennessee, Department of Treasury 1.39% of their portfolio NASHVILLE, TN 8,840,7618.8m $414.1m $414.1m 1.39% Reduced -2.1m -2,084,642
3 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 8,643,9158.6m $404.9m $404.9m 0.02% Reduced -1.1m -1,055,784
4 State of New Jersey Common Pension Fund D 1.02% of their portfolio TRENTON, NJ 5,656,4875.7m $264.9m $264.9m 1.02% Added +690.5k +690,492
5 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 5,383,1635.4m $244.5m $244.5m 0.02% Added +471.6k +471,623
6 NORTHERN TRUST CORP 0.03% of their portfolio CHICAGO, IL 5,276,7885.3m $247.2m $247.2m 0.03% Reduced -449.2k -449,245
7 Man Group plc 0.37% of their portfolio LONDON, X0 3,820,3103.8m $178.9m $178.9m 0.37% Reduced -680.8k -680,797
8 Millburn Ridgefield LLC /DE/ 3.14% of their portfolio New York, NY 3,120,3823.1m $146.2m $146.2m 3.14% Added +727.0k +726,956
9 Catalyst Capital Advisors LLC 2.72% of their portfolio San Juan, PR 3,120,3823.1m $146.2m $146.2m 2.72% Added +727.0k +726,956
10 UBS Group AG 0.03% of their portfolio ZURICH, V8 3,018,8243.0m $141.4m $141.4m 0.03% Added +1.2m +1,225,099
11 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 2,770,9862.8m $129.8m $129.8m 0.02% Added +153.6k +153,576
12 Legal & General Group Plc 0.03% of their portfolio London, X0 2,616,7392.6m $122.5m $122.5m 0.03% Reduced -140.0k -140,000
13 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,551,8772.6m $119.5m $119.5m 0.01% Reduced -1.2m -1,200,425
14 ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio NASHVILLE, TN 2,385,5152.4m $128.9m $128.9m 0.04% Added +33.8k +33,800
15 WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio Boston, MA 2,102,8142.1m $98.5m $98.5m 0.02% Reduced -808.9k -808,857
16 FMR LLC 0.01% of their portfolio BOSTON, MA 2,054,3302.1m $96.2m $96.2m 0.01% Reduced -1.0m -1,047,183
17 IFM Investors Pty Ltd 0.76% of their portfolio MELBOURNE, C3 1,940,7591.9m $90.9m $90.9m 0.76% Added +10.7k +10,700
18 Phoenix Financial Ltd. 0.85% of their portfolio Givatayim, L3 1,909,4841.9m $89.4m $89.4m 0.85% Reduced -7.3k -7,288
19 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,809,6031.8m $84.8m $84.8m 0.02% Added +732.6k +732,641
20 Nipun Capital, L.P. 38.96% of their portfolio Foster City, CA 1,680,9551.7m $78.7m $78.7m 38.96% Added +1.4k +1,400
21 Blackstone Inc. 0.30% of their portfolio NEW YORK, NY 1,554,4661.6m $72.8m $72.8m 0.30% Added +1.2m +1,203,594
22 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,524,5631.5m $71.4m $71.4m 0.01% Added +58.3k +58,258
23 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 1,521,7151.5m $71.3m $71.3m 0.02% Reduced -14.5k -14,492
24 Jordan Park Group LLC 1.69% of their portfolio SAN FRANCISCO, CA 1,504,4691.5m $31.7m $31.7m 1.69% New
25 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.08% of their portfolio Paris, I0 1,444,8901.4m $65.4m $65.4m 0.08% New
26 Ensign Peak Advisors, Inc 0.12% of their portfolio SALT LAKE CITY, UT 1,417,7081.4m $66.4m $66.4m 0.12% Reduced -124.9k -124,909
27 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,357,0921.4m $63.6m $63.6m 0.01% Reduced -260.2k -260,249
28 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 1,300,6441.3m $60.9m $60.9m 0.01% Reduced -62.0k -62,002
29 Ninety One North America, Inc. 2.40% of their portfolio New York, NY 1,143,0581.1m $53.5m $53.5m 2.40% Added +35.3k +35,281
30 ACADIAN ASSET MANAGEMENT LLC 0.07% of their portfolio Boston, MA 1,096,0201.1m $51.3m $51.3m 0.07% Added +324.4k +324,444
31 Amundi 0.01% of their portfolio Paris, I0 1,009,8761.0m $47.3m $47.3m 0.01% Added +40.4k +40,362
32 PANAGORA ASSET MANAGEMENT INC 0.17% of their portfolio BOSTON, MA 959,208959.2k $44.9m $44.9m 0.17% Added +580.5k +580,527
33 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 830,092830.1k $38.9m $38.9m 0.00% Reduced -271.3k -271,332
34 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 821,258821.3k $38.5m $38.5m 0.00% Unchanged
35 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 802,270802.3k $37.6m $37.6m 0.01% Added +82.8k +82,794
36 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 772,230772.2k $35.9m $35.9m 0.03% Added +692.1k +692,089
37 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 747,447747.4k $35.0m $35.0m 0.01% Reduced -131.5k -131,453
38 Rafferty Asset Management, LLC 0.14% of their portfolio New York, NY 726,200726.2k $34.0m $34.0m 0.14% Added +143.0k +142,995
39 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 688,385688.4k $32.2m $32.2m 0.01% Reduced -73.6k -73,592
40 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 678,831678.8k $31.8m $31.8m 0.03% Added +630.7k +630,708
41 YOUSIF CAPITAL MANAGEMENT, LLC 0.36% of their portfolio BLOOMFIELD HILLS, MI 654,716654.7k $30.7m $30.7m 0.36% Reduced -42.0k -41,961
42 FIFTH THIRD BANCORP 0.06% of their portfolio CINCINNATI, OH 647,396647.4k $30.3m $30.3m 0.06% Added +647.4k +647,354
43 SEI INVESTMENTS CO 0.03% of their portfolio OAKS, PA 639,760639.8k $30.0m $30.0m 0.03% Added +2.6k +2,619
44 Varma Mutual Pension Insurance Co 0.17% of their portfolio Varma, H9 607,910607.9k $28.5m $28.5m 0.17% Unchanged
45 AXIOM INVESTORS LLC /DE 0.28% of their portfolio GREENWICH, CT 538,720538.7k $25.2m $25.2m 0.28% Added +26.4k +26,420
46 Rice Partnership, LLC 3.42% of their portfolio HONOLULU, HI 534,624534.6k $25.0m $25.0m 3.42% Reduced -70.3k -70,277
47 Driehaus Capital Management LLC 0.18% of their portfolio Chicago, IL 531,239531.2k $24.9m $24.9m 0.18% Added +9.3k +9,286
48 SG Americas Securities, LLC 0.03% of their portfolio NEW YORK, NY 521,654521.7k $24.4m $24.4m 0.03% Added +424.5k +424,478
49 OSTRUM ASSET MANAGEMENT 1.34% of their portfolio PARIS, I0 520,000520.0k $23.9m $23.9m 1.34% Unchanged
50 MACKENZIE FINANCIAL CORP 0.03% of their portfolio TORONTO ONTARIO, A6 474,565474.6k $22.2m $22.2m 0.03% Reduced -53.2k -53,223
51 CAUSEWAY CAPITAL MANAGEMENT LLC 0.26% of their portfolio LOS ANGELES, CA 459,200459.2k $21.5m $21.5m 0.26% Added +73.0k +72,995
52 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 450,604450.6k $20.6m $20.6m 0.02% Reduced -8.7k -8,664
53 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 448,848448.8k $21.0m $21.0m 0.01% Reduced -168.6k -168,556
54 OLD MISSION CAPITAL LLC 0.50% of their portfolio CHICAGO, IL 448,758448.8k $21.0m $21.0m 0.50% Reduced -63.8k -63,817
55 Gray Foundation 5.03% of their portfolio Cohoes, NY 425,748425.7k $19.9m $19.9m 5.03% Unchanged
56 NWI MANAGEMENT LP 0.60% of their portfolio NEW YORK, NY 420,000420.0k $19.7m $19.7m 0.60% Unchanged
57 DRW Securities, LLC 1.06% of their portfolio CHICAGO, IL 415,845415.8k $19.5m $19.5m 1.06% Reduced -162.3k -162,334
58 Kemnay Advisory Services Inc. 3.13% of their portfolio New York, NY 415,660415.7k $19.5m $19.5m 3.13% New
59 WCM INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio LAGUNA BEACH, CA 412,317412.3k $18.7m $18.7m 0.04% Reduced -91.3k -91,343
60 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.22% of their portfolio New York, NY 406,437406.4k $19.0m $19.0m 0.22% Reduced -7.0k -7,048
61 Bank Julius Baer & Co. Ltd, Zurich 0.06% of their portfolio ZURICH, V8 398,117398.1k $18.5m $18.5m 0.06% Reduced -88.4k -88,394
62 Qtron Investments LLC 2.50% of their portfolio Boston, MA 394,235394.2k $18.5m $18.5m 2.50% Reduced -74.0k -74,049
63 SUN LIFE FINANCIAL INC 1.02% of their portfolio Toronto, A6 385,125385.1k $18.0m $18.0m 1.02% Added +43.2k +43,225
64 Korea Investment CORP 0.04% of their portfolio SEOUL, M5 376,218376.2k $17.6m $17.6m 0.04% New
65 PRUDENTIAL FINANCIAL INC 0.02% of their portfolio NEWARK, NJ 375,101375.1k $17.6m $17.6m 0.02% Reduced -7.9k -7,920
66 Euclidean Capital LLC 4.41% of their portfolio NEW YORK, NY 369,600369.6k $17.3m $17.3m 4.41% Unchanged
67 STRS OHIO 0.07% of their portfolio COLUMBUS, OH 361,698361.7k $16.9m $16.9m 0.07% Added +22.3k +22,300
68 Y-Intercept (Hong Kong) Ltd 0.31% of their portfolio HONG KONG, K3 349,433349.4k $16.4m $16.4m 0.31% Added +268.8k +268,831
69 USS Investment Management Ltd 0.07% of their portfolio London, X0 331,784331.8k $15.5m $15.5m 0.07% Reduced -978.6k -978,640
70 M&T Bank Corp 0.05% of their portfolio BUFFALO, NY 322,734322.7k $15.1m $15.1m 0.05% Added +10.3k +10,268
71 Quadrature Capital Ltd 0.18% of their portfolio LONDON, X0 322,550322.6k $15.1m $15.1m 0.18% Added +174.3k +174,272
72 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 322,159322.2k $15.1m $15.1m 0.02% Reduced -229.6k -229,578
73 Lido Advisors, LLC 0.06% of their portfolio Los Angeles, CA 304,868304.9k $14.3m $14.3m 0.06% Added +155.0k +154,999
74 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 301,878301.9k $14.1m $14.1m 0.02% Reduced -321.8k -321,815
75 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio TORONTO, A6 284,880284.9k $13.3m $13.3m 0.02% Reduced -145.0k -144,962
76 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.09% of their portfolio Madrid, U3 284,091284.1k $13.2m $13.2m 0.09% Added +226.4k +226,448
77 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 276,143276.1k $12.9m $12.9m 0.01% Reduced -107.1k -107,116
78 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 262,436262.4k $12.3m $12.3m 0.03% Reduced -31.9k -31,949
79 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 254,972255.0k $11.9m $11.9m 0.01% Reduced -8.1k -8,055
80 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 243,341243.3k $11.4m $11.4m 0.01% Added +26.2k +26,186
81 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 239,095239.1k $11.2m $11.2m 0.02% Added +44.6k +44,583
82 North of South Capital LLP 0.93% of their portfolio LONDON, X0 220,987221.0k $10.4m $10.4m 0.93% New
83 Ninety One UK Ltd 0.02% of their portfolio London, X0 205,018205.0k $9.6m $9.6m 0.02% Reduced -104.7k -104,745
84 DUMAC, INC. 1.15% of their portfolio DURHAM, NC 201,973202.0k $9.5m $9.5m 1.15% Unchanged
85 AIA Group Ltd 0.14% of their portfolio HONG KONG, K3 201,835201.8k $9.5m $9.5m 0.14% Unchanged
86 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 184,682184.7k $8.7m $8.7m 0.01% Reduced -218.4k -218,406
87 BEARING POINT CAPITAL, LLC 1.31% of their portfolio BLOOMINGTON, MN 178,830178.8k $8.4m $8.4m 1.31% Added +50.7k +50,735
88 Randolph Co Inc 0.78% of their portfolio Cincinnati, OH 175,448175.4k $8.2m $8.2m 0.78% Added +142 +142
89 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 171,762171.8k $8.0m $8.0m 0.01% Reduced -6.8k -6,831
90 Polianta Ltd 1.05% of their portfolio ST HELIER, Y9 169,700169.7k $7.9m $7.9m 1.05% Added +24.2k +24,200
91 Artisan Partners Limited Partnership 0.01% of their portfolio Milwaukee, WI 167,700167.7k $7.9m $7.9m 0.01% Added +42.2k +42,246
92 SPINNAKER TRUST 0.43% of their portfolio PORTLAND, ME 166,673166.7k $7.8m $7.8m 0.43% Reduced -1.4k -1,352
93 Aspen Grove Capital, LLC 1.45% of their portfolio AVON, CO 159,411159.4k $7.5m $7.5m 1.45% Added +1.2k +1,212
94 Royal Fund Management, LLC 0.70% of their portfolio Lady Lake, FL 156,976157.0k $7.4m $7.4m 0.70% Added +1.6k +1,553
95 Cornerstone Capital, Inc. 0.73% of their portfolio Palo Alto, CA 155,800155.8k $7.3m $7.3m 0.73% Reduced -55 -55
96 LONGFELLOW INVESTMENT MANAGEMENT CO LLC 1.48% of their portfolio BOSTON, MA 151,619151.6k $7.1m $7.1m 1.48% New
97 FLOW TRADERS U.S. LLC 0.22% of their portfolio NEW YORK, NY 148,558148.6k $7.0m $7.0m 0.22% Added +121.1k +121,110
98 Harding Loevner LP 0.07% of their portfolio Bridgewater, NJ 146,069146.1k $6.8m $6.8m 0.07% Reduced -107.0k -106,970
99 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 144,757144.8k $6.8m $6.8m 0.00% Added +67.5k +67,507
100 Vontobel Holding Ltd. 0.02% of their portfolio ZURICH, V8 135,709135.7k $6.3m $6.3m 0.02% Reduced -2.4m -2,444,557