Vault-13

ISHARES TR MCHI

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

299 institutional holders +6 vs Q3 2025
39,857,75139.9m shares reported held*
$2.4bnreported value*
42 new 86 added 91 reduced 39 sold out net sold ≈ $188.1m (-3.1m 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 ($5.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $60.11. Options: 11 managers hold calls ($62.4m notional), 8 hold puts ($59.7m).

Trends to Q4 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: 270Q3 25: 293Q4 25: 299299Q3 22Q2 23Q1 24Q4 24Q4 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
Q3 2025293
Q4 2025299

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 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 25Q3 25: 144 bought or addedQ3 25: 106 cut or sold outQ4 25: 128 bought or addedQ4 25: 130 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024118151
Q2 2024130117
Q3 2024106161
Q4 2024112126
Q1 2025153102
Q2 2025105148
Q3 2025144106
Q4 2025128130

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ1 25 calls: $249.1mQ1 25 puts: $129.3mQ1 25P/C 0.52Q2 25 calls: $72.8mQ2 25 puts: $47.4mQ2 25P/C 0.65Q3 25 calls: $80.7mQ3 25 puts: $59.3mQ3 25P/C 0.73Q4 25 calls: $62.4mQ4 25 puts: $59.7mQ4 25P/C 0.96
Numbers
QuarterCallsPutsP/C
Q1 2025$249.1m$129.3m0.52
Q2 2025$72.8m$47.4m0.65
Q3 2025$80.7m$59.3m0.73
Q4 2025$62.4m$59.7m0.96

Biggest buyers

Temasek Holdings (Private) Ltd New +744,807+744.8k
OLD MISSION CAPITAL LLC Added +741,450+741.5k
UBS Group AG Added +549,824+549.8k
MORGAN STANLEY Added +476,032+476.0k
D. E. Shaw & Co., Inc. New +412,649+412.6k
Bank Julius Baer & Co. Ltd, Zurich Added +406,236+406.2k
BlackRock, Inc. Added +371,996+372.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +356,213+356.2k
Phoenix Financial Ltd. Added +322,800+322.8k
RENAISSANCE TECHNOLOGIES LLC New +207,500+207.5k

Biggest sellers

JPMORGAN CHASE & CO Reduced -5,680,784-5.7m
CITADEL ADVISORS LLC Reduced -476,828-476.8k
PRUDENTIAL PLC Reduced -434,700-434.7k
GOLDMAN SACHS GROUP INC Reduced -371,480-371.5k
SCHRODER INVESTMENT MANAGEMENT GROUP Sold out -359,429-359.4k
FMR LLC Reduced -350,119-350.1k
VOYA INVESTMENT MANAGEMENT LLC Sold out -325,108-325.1k
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. Reduced -292,973-293.0k
Angeles Investment Advisors, LLC Sold out -227,000-227.0k
OVERSEA-CHINESE BANKING Corp Ltd Reduced -225,814-225.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $20.0m332.7k shares
CITADEL ADVISORS LLC Reduced $10.6m176.9k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $8.7m145.3k shares
BOOTHBAY FUND MANAGEMENT, LLC New $7.2m120.0k shares
JANE STREET GROUP, LLC Reduced $5.8m96.2k shares
PEAK6 LLC Added $3.5m58.0k shares
Point72 Asset Management, L.P. New $3.3m54.6k shares
UBS Group AG Unchanged $1.5m25.0k shares
INTERCAPITAL, LLC First filing $1.2m20.1k shares
Walleye Trading LLC Added $492.6k8.2k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $35.5m591.5k shares
CITADEL ADVISORS LLC Added $10.8m179.9k shares
JANE STREET GROUP, LLC Reduced $3.9m64.9k shares
CAPITAL FUND MANAGEMENT S.A. Added $3.7m61.5k shares
Point72 Asset Management, L.P. New $2.2m36.7k shares
Squarepoint Ops LLC Added $1.6m26.9k shares
MILLENNIUM MANAGEMENT LLC Reduced $1.6m26.4k shares
PEAK6 LLC Reduced $324.4k5.4k 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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,366,9593.4m $202.3m $202.3m 0.01% Added +476.0k +476,032
2 FMR LLC 0.01% of their portfolio BOSTON, MA 2,294,5722.3m $137.8m $137.8m 0.01% Reduced -350.1k -350,119
3 Bank Julius Baer & Co. Ltd, Zurich 0.38% of their portfolio ZURICH, V8 2,269,8562.3m $136.4m $136.4m 0.38% Added +406.2k +406,236
4 Provida Pension Fund Administrator 1.74% of their portfolio LAS CONDES, SANTIAGO, F3 1,670,7371.7m $100.4m $100.4m 1.74% Reduced -44.6k -44,585
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,464,7181.5m $88.0m $88.0m 0.01% Reduced -15.0k -14,996
6 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,418,2461.4m $85.2m $85.2m 0.02% Added +53.5k +53,506
7 OLD MISSION CAPITAL LLC 3.10% of their portfolio CHICAGO, IL 1,336,8231.3m $80.3m $80.3m 3.10% Added +741.5k +741,450
8 Phoenix Financial Ltd. 0.86% of their portfolio Givatayim, L3 1,322,8001.3m $79.5m $79.5m 0.86% Added +322.8k +322,800
9 Alberta Investment Management Corp 0.45% of their portfolio EDMONTON, A0 1,239,3801.2m $74.4m $74.4m 0.45% Unchanged
10 FIL Ltd 0.05% of their portfolio HAMILTON, D0 1,118,8161.1m $67.2m $67.2m 0.05% Added +9.9k +9,906
11 1832 Asset Management L.P. 0.08% of their portfolio TORONTO, A6 1,083,4151.1m $65.1m $65.1m 0.08% Reduced -76.3k -76,302
12 BlackRock, Inc. 0.00% of their portfolio New York, NY 985,747985.7k $59.2m $59.2m 0.00% Added +372.0k +371,996
13 UBS Group AG 0.01% of their portfolio ZURICH, V8 888,515888.5k $53.4m $53.4m 0.01% Added +549.8k +549,824
14 MEITAV INVESTMENT HOUSE LTD 0.59% of their portfolio BENE-BERAQ, L3 846,233846.2k $50.8m $50.8m 0.59% Unchanged
15 Nipun Capital, L.P. 22.96% of their portfolio Foster City, CA 837,600837.6k $50.3m $50.3m 22.96% Added +116.1k +116,100
16 Temasek Holdings (Private) Ltd 0.14% of their portfolio SINGAPORE, U0 744,807744.8k $44.7m $44.7m 0.14% New
17 Jordan Park Group LLC 2.51% of their portfolio SAN FRANCISCO, CA 722,206722.2k $43.4m $43.4m 2.51% Added +158.0k +157,985
18 Saudi Central Bank 1.35% of their portfolio Riyadh, T0 600,000600.0k $36.0m $36.0m 1.35% Unchanged
19 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio BALA CYNWYD, PA 596,446596.4k $35.8m $35.8m 0.05% Added +356.2k +356,213
20 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 2.20% of their portfolio Tel Aviv, L3 560,714560.7k $33.7m $33.7m 2.20% Unchanged
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 524,650524.6k $31.5m $31.5m 0.00% Reduced -5.7m -5,680,784
22 Korea Investment CORP 0.06% of their portfolio SEOUL, M5 520,205520.2k $31.2m $31.2m 0.06% Unchanged
23 Amundi 0.01% of their portfolio Paris, I0 505,700505.7k $30.4m $30.4m 0.01% Added +16.5k +16,500
24 Analyst IMS Investment Management Services Ltd. 0.85% of their portfolio Tel-aviv, L3 484,779484.8k $29.1m $29.1m 0.85% Unchanged
25 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 449,517449.5k $27.0m $27.0m 0.00% Added +19.1k +19,117
26 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.18% of their portfolio Madrid, U3 419,271419.3k $25.2m $25.2m 0.18% Reduced -293.0k -292,973
27 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 412,649412.6k $24.8m $24.8m 0.02% New
28 SYON CAPITAL LLC 1.23% of their portfolio SAN FRANCISCO, CA 411,193411.2k $24.7m $24.7m 1.23% Added +2.9k +2,852
29 Quadrature Capital Ltd 0.25% of their portfolio LONDON, X0 400,784400.8k $24.1m $24.1m 0.25% Added +202.4k +202,385
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 315,055315.1k $18.9m $18.9m 0.00% Added +167.6k +167,611
31 Mirae Asset Global Investments Co., Ltd. 0.05% of their portfolio SEOUL, M5 301,790301.8k $18.1m $18.1m 0.05% Reduced -9.1k -9,110
32 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 295,965296.0k $17.8m $17.8m 0.00% Reduced -34.4k -34,381
33 PRUDENTIAL PLC 0.14% of their portfolio LONDON, X0 292,500292.5k $17.6m $17.6m 0.14% Reduced -434.7k -434,700
34 COMERICA BANK 0.07% of their portfolio DALLAS, TX 285,595285.6k $17.2m $17.2m 0.07% Reduced -104.6k -104,629
35 YOUSIF CAPITAL MANAGEMENT, LLC 0.19% of their portfolio BLOOMFIELD HILLS, MI 283,520283.5k $17.5m $17.5m 0.19% Reduced -97.4k -97,435
36 Galvin, Gaustad & Stein, LLC 1.19% of their portfolio Scottsdale, AZ 254,233254.2k $15.3m $15.3m 1.19% Reduced -4.5k -4,549
37 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 241,332241.3k $14.5m $14.5m 0.00% Reduced -371.5k -371,480
38 Federation des caisses Desjardins du Quebec 0.05% of their portfolio LEVIS, A8 230,598230.6k $13.9m $13.9m 0.05% Added +10.5k +10,544
39 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 211,466211.5k $12.7m $12.7m 0.01% Added +33.5k +33,467
40 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 207,500207.5k $12.5m $12.5m 0.02% New
41 Erste Asset Management GmbH 0.10% of their portfolio VIENNA, C4 201,539201.5k $12.1m $12.1m 0.10% Unchanged
42 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 194,049194.0k $11.7m $11.7m 0.01% Added +17.9k +17,872
43 Journey Advisory Group, LLC 0.96% of their portfolio COVINGTON, KY 190,832190.8k $11.5m $11.5m 0.96% Added +43.5k +43,533
44 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 2.23% of their portfolio Tel Aviv, L3 189,144189.1k $11.4m $11.4m 2.23% Unchanged
45 W1M Asset Management Ltd 0.12% of their portfolio London, X0 188,081188.1k $11.3m $11.3m 0.12% Added +60.7k +60,697
46 OVERSEA-CHINESE BANKING Corp Ltd 0.31% of their portfolio SINGAPORE, U0 184,449184.4k $11.1m $11.1m 0.31% Reduced -225.8k -225,814
47 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.12% of their portfolio New York, NY 182,680182.7k $11.0m $11.0m 0.12% New
48 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 180,886180.9k $10.9m $10.9m 0.00% Reduced -21.9k -21,880
49 GAMMA Investing LLC 0.54% of their portfolio FOSTER CITY, CA 179,089179.1k $10.8m $10.8m 0.54% Added +568 +568
50 SCOTIA CAPITAL INC. 0.04% of their portfolio TORONTO, A6 174,648174.6k $10.5m $10.5m 0.04% Added +68.5k +68,530
51 Fosun International Ltd 2.43% of their portfolio HONG KONG, F4 174,000174.0k $10.5m $10.5m 2.43% New
52 Knollwood Investment Advisory, LLC 0.97% of their portfolio HUNT VALLEY, MD 171,400171.4k $10.3m $10.3m 0.97% Unchanged
53 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.38% of their portfolio BOSTON, MA 168,407168.4k $10.1m $10.1m 0.38% Added +1.2k +1,177
54 Wharton Business Group, LLC 0.38% of their portfolio MALVERN, PA 166,895166.9k $10.0m $10.0m 0.38% Unchanged
55 NISSAY ASSET MANAGEMENT CORP /JAPAN 0.05% of their portfolio Tokyo, M0 151,379151.4k $9.1m $9.1m 0.05% New
56 Lido Advisors, LLC 0.04% of their portfolio Los Angeles, CA 145,087145.1k $9.5m $9.5m 0.04% Added +3.2k +3,240
57 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 144,466144.5k $8.7m $8.7m 0.00% Added +121.2k +121,182
58 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 143,585143.6k $8.6m $8.6m 0.01% Reduced -66.6k -66,622
59 New York Life Investment Management LLC 0.07% of their portfolio New York, NY 141,192141.2k $8.5m $8.5m 0.07% Reduced -9.3k -9,283
60 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 128,746128.7k $7.7m $7.7m 0.00% Reduced -3.7k -3,722
61 CAPITAL FUND MANAGEMENT S.A. 0.07% of their portfolio PARIS, I0 128,652128.7k $7.7m $7.7m 0.07% Reduced -33.9k -33,906
62 CapWealth Advisors, LLC 0.52% of their portfolio FRANKLIN, TN 127,110127.1k $7.6m $7.6m 0.52% Added +916 +916
63 EVERGREEN CAPITAL MANAGEMENT LLC 0.16% of their portfolio Bellevue, WA 117,468117.5k $7.1m $7.1m 0.16% Added +7.7k +7,656
64 Banco Santander, S.A. 0.05% of their portfolio Madrid, U3 107,150107.2k $6.4m $6.4m 0.05% Reduced -46.0k -46,005
65 ICICI Prudential Asset Management Co Ltd 0.70% of their portfolio MUMBAI, K7 99,78199.8k $6.0m $6.0m 0.70% Unchanged
66 BESSEMER GROUP INC 0.01% of their portfolio WOODBRIDGE, NJ 97,00097.0k $5.8m $5.8m 0.01% Added +87.0k +87,000
67 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 92,08292.1k $5.5m $5.5m 0.01% Reduced -2.3k -2,312
68 LAKE STREET PRIVATE WEALTH, LLC 0.67% of their portfolio CHICAGO, IL 91,14291.1k $5.5m $5.5m 0.67% Added +6.6k +6,637
69 Upper Left Wealth Management, LLC 3.25% of their portfolio TAMPA, FL 88,66088.7k $5.3m $5.3m 3.25% Added +966 +966
70 INTERCAPITAL, LLC 2.78% of their portfolio AUSTIN, TX 88,20088.2k $5.3m $5.3m 2.78% First filing
71 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 85,04085.0k $5.1m $5.1m 0.00% Reduced -476.8k -476,828
72 GREENWOOD CAPITAL ASSOCIATES LLC 0.55% of their portfolio GREENWOOD, SC 84,31884.3k $5.1m $5.1m 0.55% Added +2.5k +2,549
73 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 82,94182.9k $5.0m $5.0m 0.00% Reduced -16.7k -16,724
74 Demars Financial Group, LLC 1.65% of their portfolio SPOKANE VALLEY, WA 82,05482.1k $4.9m $4.9m 1.65% Added +2.9k +2,885
75 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 81,00581.0k $4.9m $4.9m 0.00% Reduced -7.7k -7,651
76 RBF Capital, LLC 0.11% of their portfolio RENO, NV 80,00080.0k $4.8m $4.8m 0.11% Added +30.0k +30,000
77 Zurich Insurance Group Ltd/FI 0.03% of their portfolio ZURICH, V8 75,50075.5k $4.6m $4.6m 0.03% Added +45.4k +45,350
78 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 67,21867.2k $4.0m $4.0m 0.00% Added +45.0k +45,041
79 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 60,79060.8k $3.7m $3.7m 0.01% Added +1.0k +1,016
80 3EDGE Asset Management, LP 0.19% of their portfolio Naples, FL 60,03560.0k $3.6m $3.6m 0.19% Reduced -10.1k -10,148
81 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 58,27758.3k $3.5m $3.5m 0.01% Reduced -29.5k -29,527
82 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 54,32254.3k $3.3m $3.3m 0.00% Added +1.2k +1,220
83 180 WEALTH ADVISORS, LLC 0.37% of their portfolio FEDERAL WAY, WA 54,23254.2k $3.3m $3.3m 0.37% Added +8.0k +7,992
84 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 52,43452.4k $3.1m $3.1m 0.00% Reduced -17.6k -17,619
85 DIMENSION CAPITAL MANAGEMENT LLC 0.44% of their portfolio Coral Gables, FL 52,25452.3k $3.1m $3.1m 0.44% Added +1.6k +1,576
86 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 51,33151.3k $3.1m $3.1m 0.00% Added +48.5k +48,467
87 DV EQUITIES, LLC 0.54% of their portfolio CHICAGO, IL 50,04550.0k $3.0m $3.0m 0.54% First filing
88 SCS Capital Management LLC 0.03% of their portfolio BOSTON, MA 48,54648.5k $2.9m $2.9m 0.03% Reduced -15.5k -15,547
89 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 45,44045.4k $2.7m $2.7m 0.01% Reduced -15.5k -15,493
90 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 45,42645.4k $2.7m $2.7m 0.00% Reduced -20.1k -20,086
91 Measured Wealth Private Client Group, LLC 0.72% of their portfolio PORTSMOUTH, NH 45,40145.4k $2.7m $2.7m 0.72% Added +26.8k +26,760
92 JUNCTURE WEALTH STRATEGIES, LLC 0.89% of their portfolio SCOTTSDALE, AZ 45,10245.1k $2.7m $2.7m 0.89% Added +3.3k +3,253
93 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.20% of their portfolio London, X0 43,74343.7k $2.6m $2.6m 0.20% New
94 Moneda S.A. Administradora General de Fondos 2.35% of their portfolio LAS CONDES, SANTIAGO, F3 43,48243.5k $2.6m $2.6m 2.35% Unchanged
95 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 41,83541.8k $2.5m $2.5m 0.00% Reduced -24.8k -24,840
96 Waverly Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 41,73941.7k $2.5m $2.5m 0.02% New
97 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 40,18540.2k $2.4m $2.4m 0.00% Added +10.1k +10,065
98 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 38,37338.4k $2.3m $2.3m 0.00% Added +27.8k +27,800
99 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 37,39337.4k $2.2m $2.2m 0.00% Added +2.5k +2,526
100 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 36,65436.7k $2.2m $2.2m 0.00% New