Vault-13

ISHARES TR MCHI

MSCI CHINA ETF · ETP · CUSIP 46429B671 · ISIN US46429B6719

270 institutional holders -26 vs Q1 2025
34,009,53434.0m shares reported held*
$1.9bnreported value*
29 new 76 added 93 reduced 55 sold out net sold ≈ $390.8m (-11.1m 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 ($1.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $55.10. Options: 7 managers hold calls ($72.8m notional), 7 hold puts ($47.4m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 233Q4 22: 247Q1 23: 278Q2 23: 272Q3 23: 258Q4 23: 288Q1 24: 265Q2 24: 269Q3 24: 257Q4 24: 255Q1 25: 296Q2 25: 270270Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022233
Q4 2022247
Q1 2023278
Q2 2023272
Q3 2023258
Q4 2023288
Q1 2024265
Q2 2024269
Q3 2024257
Q4 2024255
Q1 2025296
Q2 2025270

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 107 bought or addedQ3 23: 126 cut or sold outQ4 23: 135 bought or addedQ4 23: 130 cut or sold outQ4 23Q1 24: 118 bought or addedQ1 24: 151 cut or sold outQ2 24: 130 bought or addedQ2 24: 117 cut or sold outQ2 24Q3 24: 106 bought or addedQ3 24: 161 cut or sold outQ4 24: 112 bought or addedQ4 24: 126 cut or sold outQ4 24Q1 25: 153 bought or addedQ1 25: 102 cut or sold outQ2 25: 105 bought or addedQ2 25: 148 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023107126
Q4 2023135130
Q1 2024118151
Q2 2024130117
Q3 2024106161
Q4 2024112126
Q1 2025153102
Q2 2025105148

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ3 24 calls: $133.3mQ3 24 puts: $135.2mQ3 24P/C 1.01Q4 24 calls: $110.0mQ4 24 puts: $102.0mQ4 24P/C 0.93Q1 25 calls: $249.1mQ1 25 puts: $129.3mQ1 25P/C 0.52Q2 25 calls: $72.8mQ2 25 puts: $47.4mQ2 25P/C 0.65
Numbers
QuarterCallsPutsP/C
Q3 2024$133.3m$135.2m1.01
Q4 2024$110.0m$102.0m0.93
Q1 2025$249.1m$129.3m0.52
Q2 2025$72.8m$47.4m0.65

Biggest buyers

Saudi Central Bank New +600,000+600.0k
VOYA INVESTMENT MANAGEMENT LLC New +338,196+338.2k
CITADEL ADVISORS LLC Added +279,415+279.4k
Jordan Park Group LLC Added +270,839+270.8k
Woodline Partners LP Added +258,266+258.3k
3EDGE Asset Management, LP Added +243,553+243.6k
D. E. Shaw & Co., Inc. Added +219,374+219.4k
BlackRock, Inc. Added +214,106+214.1k
Banco Santander, S.A. Added +161,615+161.6k
YOUSIF CAPITAL MANAGEMENT, LLC Added +161,222+161.2k

Biggest sellers

Demars Financial Group, LLC Reduced -3,938,382-3.9m
OLD MISSION CAPITAL LLC Sold out -1,939,179-1.9m
JPMORGAN CHASE & CO Reduced -969,856-969.9k
JANE STREET GROUP, LLC Sold out -829,721-829.7k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -726,522-726.5k
Elo Mutual Pension Insurance Co Sold out -600,000-600.0k
Penserra Capital Management LLC Sold out -591,734-591.7k
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. Reduced -550,987-551.0k
Bridgewater Associates, LP Sold out -511,947-511.9k
1832 Asset Management L.P. Reduced -438,614-438.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $30.1m546.5k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $12.6m229.4k shares
CITADEL ADVISORS LLC Reduced $11.3m205.9k shares
PEAK6 LLC Reduced $11.0m199.0k shares
WOLVERINE TRADING, LLC Reduced $3.9m70.9k shares
JANE STREET GROUP, LLC Reduced $3.4m61.0k shares
Squarepoint Ops LLC Reduced $446.3k8.1k shares

Biggest puts

CITADEL ADVISORS LLC Added $21.4m389.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $10.6m193.0k shares
JANE STREET GROUP, LLC Reduced $4.9m89.4k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $4.5m81.7k shares
PEAK6 LLC Reduced $4.2m75.8k shares
WOLVERINE TRADING, LLC Reduced $1.3m24.3k shares
Squarepoint Ops LLC Reduced $352.6k6.4k 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 new · filed 2026-07-17 5.0% new 5.8m≈ $295.3m 2026-07-17

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,603,1742.6m $143.4m $143.4m 0.01% Added +136.6k +136,566
2 MEITAV INVESTMENT HOUSE LTD 1.93% of their portfolio BENE-BERAQ, L3 2,601,2332.6m $143.4m $143.4m 1.93% Added +10.0k +9,972
3 FMR LLC 0.01% of their portfolio BOSTON, MA 2,348,7852.3m $129.4m $129.4m 0.01% Reduced -162.4k -162,383
4 Bank Julius Baer & Co. Ltd, Zurich 0.29% of their portfolio ZURICH, V8 1,795,0591.8m $98.9m $98.9m 0.29% Added +48.5k +48,477
5 Alberta Investment Management Corp 0.70% of their portfolio EDMONTON, A0 1,618,4801.6m $89.2m $89.2m 0.70% Unchanged
6 Provida Pension Fund Administrator 1.39% of their portfolio LAS CONDES, SANTIAGO, F3 1,398,1121.4m $76.9m $76.9m 1.39% Reduced -73.6k -73,615
7 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,325,2961.3m $73.0m $73.0m 0.02% Reduced -101.2k -101,217
8 Nipun Capital, L.P. 22.34% of their portfolio Foster City, CA 747,200747.2k $41.2m $41.2m 22.34% Added +29.3k +29,300
9 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.34% of their portfolio Madrid, U3 685,174685.2k $37.7m $37.7m 0.34% Reduced -551.0k -550,987
10 1832 Asset Management L.P. 0.06% of their portfolio TORONTO, A6 610,215610.2k $33.6m $33.6m 0.06% Reduced -438.6k -438,614
11 Saudi Central Bank 1.35% of their portfolio Riyadh, T0 600,000600.0k $33.1m $33.1m 1.35% New
12 Jordan Park Group LLC 2.13% of their portfolio SAN FRANCISCO, CA 596,945596.9k $32.9m $32.9m 2.13% Added +270.8k +270,839
13 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 2.24% of their portfolio Tel Aviv, L3 560,714560.7k $30.9m $30.9m 2.24% Added +6.8k +6,823
14 Amundi 0.01% of their portfolio Paris, I0 556,900556.9k $30.6m $30.6m 0.01% Added +66.6k +66,600
15 PRUDENTIAL PLC 0.17% of their portfolio LONDON, X0 503,860503.9k $27.8m $27.8m 0.17% Added +48.0k +48,040
16 Phoenix Financial Ltd. 0.36% of their portfolio Givatayim, L3 500,000500.0k $27.6m $27.6m 0.36% Unchanged
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 498,132498.1k $27.4m $27.4m 0.00% Reduced -969.9k -969,856
18 Analyst IMS Investment Management Services Ltd. 0.93% of their portfolio Tel-aviv, L3 493,430493.4k $27.2m $27.2m 0.93% Reduced -70 -70
19 FIL Ltd 0.02% of their portfolio HAMILTON, D0 474,396474.4k $26.1m $26.1m 0.02% Reduced -173.3k -173,324
20 BlackRock, Inc. 0.00% of their portfolio New York, NY 458,361458.4k $25.3m $25.3m 0.00% Added +214.1k +214,106
21 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio BALA CYNWYD, PA 455,853455.9k $25.1m $25.1m 0.04% Reduced -325.7k -325,710
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 444,714444.7k $24.5m $24.5m 0.00% Added +20.4k +20,354
23 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 430,400430.4k $23.7m $23.7m 0.00% Reduced -26.9k -26,897
24 UBS Group AG 0.00% of their portfolio ZURICH, V8 429,374429.4k $23.7m $23.7m 0.00% Added +39.0k +38,968
25 Mirae Asset Global Investments Co., Ltd. 0.08% of their portfolio SEOUL, M5 413,377413.4k $22.8m $22.8m 0.08% Added +131.3k +131,346
26 COMERICA BANK 0.08% of their portfolio DALLAS, TX 366,302366.3k $20.2m $20.2m 0.08% Added +151.2k +151,177
27 YOUSIF CAPITAL MANAGEMENT, LLC 0.21% of their portfolio BLOOMFIELD HILLS, MI 356,612356.6k $19.6m $19.6m 0.21% Added +161.2k +161,222
28 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 338,196338.2k $18.6m $18.6m 0.02% New
29 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 336,810336.8k $18.6m $18.6m 0.02% Added +219.4k +219,374
30 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 318,475318.5k $17.5m $17.5m 0.00% Reduced -242.8k -242,758
31 FLOW TRADERS U.S. LLC 0.62% of their portfolio NEW YORK, NY 302,701302.7k $16.7m $16.7m 0.62% Added +27.2k +27,156
32 3EDGE Asset Management, LP 1.02% of their portfolio Naples, FL 298,718298.7k $16.5m $16.5m 1.02% Added +243.6k +243,553
33 Woodline Partners LP 0.09% of their portfolio San Francisco, CA 295,508295.5k $16.3m $16.3m 0.09% Added +258.3k +258,266
34 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 284,216284.2k $15.7m $15.7m 0.01% Added +279.4k +279,415
35 SYON CAPITAL LLC 1.01% of their portfolio SAN FRANCISCO, CA 275,877275.9k $15.2m $15.2m 1.01% Reduced -602 -602
36 Galvin, Gaustad & Stein, LLC 1.24% of their portfolio Scottsdale, AZ 260,932260.9k $14.4m $14.4m 1.24% Reduced -3.5k -3,479
37 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 257,696257.7k $14.2m $14.2m 0.00% Reduced -44.4k -44,427
38 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 245,074245.1k $13.5m $13.5m 0.00% Added +37.8k +37,802
39 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 226,745226.7k $12.5m $12.5m 0.01% Reduced -9.6k -9,560
40 Banco Santander, S.A. 0.12% of their portfolio Madrid, U3 223,083223.1k $12.3m $12.3m 0.12% Added +161.6k +161,615
41 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 208,201208.2k $11.5m $11.5m 0.01% Reduced -726.5k -726,522
42 Erste Asset Management GmbH 0.09% of their portfolio VIENNA, C4 201,539201.5k $11.1m $11.1m 0.09% Unchanged
43 Federation des caisses Desjardins du Quebec 0.05% of their portfolio LEVIS, A8 199,716199.7k $11.0m $11.0m 0.05% Reduced -71.6k -71,595
44 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 2.29% of their portfolio Tel Aviv, L3 189,144189.1k $10.4m $10.4m 2.29% Added +3.1k +3,149
45 Korea Investment CORP 0.02% of their portfolio SEOUL, M5 177,308177.3k $9.8m $9.8m 0.02% Reduced -185.4k -185,417
46 Knollwood Investment Advisory, LLC 0.91% of their portfolio HUNT VALLEY, MD 171,400171.4k $9.4m $9.4m 0.91% Unchanged
47 Wharton Business Group, LLC 0.39% of their portfolio MALVERN, PA 168,235168.2k $9.3m $9.3m 0.39% Unchanged
48 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.37% of their portfolio BOSTON, MA 167,230167.2k $9.2m $9.2m 0.37% Reduced -163.1k -163,111
49 Quadrature Capital Ltd 0.15% of their portfolio LONDON, X0 162,658162.7k $9.0m $9.0m 0.15% Added +153.3k +153,295
50 GAMMA Investing LLC 0.56% of their portfolio FOSTER CITY, CA 161,749161.7k $8.9m $8.9m 0.56% Added +5.0k +4,966
51 SCS Capital Management LLC 0.10% of their portfolio BOSTON, MA 157,094157.1k $8.7m $8.7m 0.10% Added +1.5k +1,540
52 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 154,804154.8k $8.5m $8.5m 0.00% Reduced -52.5k -52,458
53 New York Life Investment Management LLC 0.07% of their portfolio New York, NY 140,630140.6k $7.7m $7.7m 0.07% Added +80.3k +80,263
54 Journey Advisory Group, LLC 0.58% of their portfolio COVINGTON, KY 134,259134.3k $7.4m $7.4m 0.58% Reduced -71.8k -71,842
55 CapWealth Advisors, LLC 0.69% of their portfolio FRANKLIN, TN 126,884126.9k $7.0m $7.0m 0.69% Added +1.4k +1,430
56 SCOTIA CAPITAL INC. 0.03% of their portfolio TORONTO, A6 118,463118.5k $6.5m $6.5m 0.03% Reduced -16.9k -16,900
57 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 118,186118.2k $6.5m $6.5m 0.01% New
58 EVERGREEN CAPITAL MANAGEMENT LLC 0.18% of their portfolio Bellevue, WA 108,768108.8k $6.0m $6.0m 0.18% Added +16.1k +16,074
59 ICICI Prudential Asset Management Co Ltd 0.73% of their portfolio MUMBAI, K7 106,281106.3k $5.9m $5.9m 0.73% Unchanged
60 Fosun International Ltd 1.62% of their portfolio HONG KONG, F4 106,000106.0k $5.8m $5.8m 1.62% Reduced -158.3k -158,300
61 Capula Management Ltd 0.07% of their portfolio Grand Cayman, E9 99,40099.4k $5.5m $5.5m 0.07% Unchanged
62 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 97,80697.8k $5.4m $5.4m 0.00% Reduced -29.1k -29,074
63 SIMPLEX TRADING, LLC 0.14% of their portfolio CHICAGO, IL 91,10391.1k $5.0m $5.0m 0.14% New
64 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 91,07391.1k $5.0m $5.0m 0.01% Added +41.2k +41,192
65 Upper Left Wealth Management, LLC 3.32% of their portfolio TAMPA, FL 90,24090.2k $5.0m $5.0m 3.32% Reduced -833 -833
66 CAPITAL FUND MANAGEMENT S.A. 0.05% of their portfolio PARIS, I0 85,49585.5k $4.7m $4.7m 0.05% New
67 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 84,50684.5k $4.7m $4.7m 0.00% Reduced -48.6k -48,612
68 LAKE STREET PRIVATE WEALTH, LLC 0.66% of their portfolio CHICAGO, IL 83,68283.7k $4.6m $4.6m 0.66% Added +1.8k +1,759
69 GREENWOOD CAPITAL ASSOCIATES LLC 0.56% of their portfolio GREENWOOD, SC 81,79181.8k $4.5m $4.5m 0.56% Added +4.0k +3,977
70 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 80,47980.5k $4.4m $4.4m 0.01% Reduced -5.6k -5,595
71 Demars Financial Group, LLC 1.60% of their portfolio SPOKANE VALLEY, WA 75,78275.8k $4.2m $4.2m 1.60% Reduced -3.9m -3,938,382
72 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 74,21774.2k $4.1m $4.1m 0.01% New
73 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 73,77473.8k $4.1m $4.1m 0.01% Reduced -12.9k -12,920
74 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 69,18769.2k $3.8m $3.8m 0.00% Reduced -172.0k -171,971
75 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 68,65568.7k $3.8m $3.8m 0.01% Reduced -3.4k -3,423
76 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 65,51265.5k $3.6m $3.6m 0.00% Unchanged
77 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 61,28861.3k $3.4m $3.4m 0.00% Reduced -594 -594
78 Nan Shan Life Insurance Co., Ltd. 0.07% of their portfolio Taipei City, F5 61,00061.0k $3.4m $3.4m 0.07% New
79 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 59,90459.9k $3.3m $3.3m 0.00% Reduced -22.1k -22,112
80 FARLEY CAPITAL L.P. 2.66% of their portfolio NEW YORK, NY 58,97559.0k $3.2m $3.2m 2.66% Unchanged
81 Lido Advisors, LLC 0.02% of their portfolio Los Angeles, CA 56,99157.0k $3.1m $3.1m 0.02% New
82 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 52,69552.7k $2.9m $2.9m 0.00% Reduced -189.7k -189,670
83 DIMENSION CAPITAL MANAGEMENT LLC 0.44% of their portfolio Coral Gables, FL 50,67850.7k $2.8m $2.8m 0.44% Unchanged
84 RBF Capital, LLC 0.14% of their portfolio RENO, NV 50,00050.0k $2.8m $2.8m 0.14% Unchanged
85 180 WEALTH ADVISORS, LLC 0.33% of their portfolio FEDERAL WAY, WA 42,45642.5k $2.3m $2.3m 0.33% Added +6.6k +6,621
86 Moneda S.A. Administradora General de Fondos 2.50% of their portfolio LAS CONDES, SANTIAGO, F3 41,84241.8k $2.3m $2.3m 2.50% Added +987 +987
87 JUNCTURE WEALTH STRATEGIES, LLC 0.75% of their portfolio SCOTTSDALE, AZ 38,11338.1k $2.1m $2.1m 0.75% Added +18.6k +18,587
88 Optiver Holding B.V. 0.06% of their portfolio AMSTERDAM, P7 38,02938.0k $2.1m $2.1m 0.06% Added +34.9k +34,921
89 Q Global Advisors, LLC 1.64% of their portfolio FORT WORTH, TX 35,46835.5k $2.0m $2.0m 1.64% Unchanged
90 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 35,05535.1k $1.9m $1.9m 0.00% Reduced -16.0k -16,000
91 GROUP ONE TRADING LLC 0.06% of their portfolio CHICAGO, IL 34,78734.8k $1.9m $1.9m 0.06% New
92 Empowered Funds, LLC 0.02% of their portfolio NEWTOWN SQUARE, PA 34,22734.2k $1.9m $1.9m 0.02% Reduced -20.0k -19,953
93 Richard W. Paul & Associates, LLC 0.66% of their portfolio NOVI, MI 33,37533.4k $1.8m $1.8m 0.66% Reduced -25.7k -25,733
94 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 33,26533.3k $1.8m $1.8m 0.02% Reduced -5.6k -5,609
95 Gallacher Capital Management LLC 0.80% of their portfolio LONE TREE, CO 31,37531.4k $1.7m $1.7m 0.80% Added +273 +273
96 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 29,10829.1k $1.6m $1.6m 0.00% Added +3.8k +3,833
97 BigSur Wealth Management LLC 0.40% of their portfolio MIAMI, FL 28,42028.4k $1.6m $1.6m 0.40% Unchanged
98 BOOTHBAY FUND MANAGEMENT, LLC 0.05% of their portfolio NEW YORK, NY 28,00028.0k $1.5m $1.5m 0.05% Unchanged
99 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 27,69127.7k $1.5m $1.5m 0.00% Added +5.9k +5,897
100 ACIMA PRIVATE WEALTH, LLC 0.50% of their portfolio RICHMOND, VA 26,84526.8k $1.5m $1.5m 0.50% Reduced -940 -940