Vault-13

ISHARES INC IEMG

CORE MSCI EMKT · ETP · CUSIP 46434G103

1,557 institutional holders -6 vs Q2 2023
1,114,520,8751.1bn shares reported held*
$53.0bnreported value*
82 new 553 added 717 reduced 92 sold out net sold ≈ $2.5bn (-55.7m 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 ($431.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $47.56. Options: 6 managers hold calls ($4.0m notional), 5 hold puts ($1.3m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 1,376Q4 22: 1,452Q1 23: 1,532Q2 23: 1,563Q3 23: 1,5571,557Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 20221,376
Q4 20221,452
Q1 20231,532
Q2 20231,563
Q3 20231,557

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 697 bought or addedQ4 22: 656 cut or sold outQ4 22Q1 23: 885 bought or addedQ1 23: 542 cut or sold outQ1 23Q2 23: 799 bought or addedQ2 23: 655 cut or sold outQ2 23Q3 23: 635 bought or addedQ3 23: 809 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022697656
Q1 2023885542
Q2 2023799655
Q3 2023635809

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ4 22 calls: $4.5mQ4 22 puts: $1.3mQ4 22P/C 0.29Q1 23 calls: $7.7mQ1 23 puts: $21.3mQ1 23P/C 2.76Q2 23 calls: $10.0mQ2 23 puts: $1.8mQ2 23P/C 0.18Q3 23 calls: $4.0mQ3 23 puts: $1.3mQ3 23P/C 0.32
Numbers
QuarterCallsPutsP/C
Q4 2022$4.5m$1.3m0.29
Q1 2023$7.7m$21.3m2.76
Q2 2023$10.0m$1.8m0.18
Q3 2023$4.0m$1.3m0.32

Biggest buyers

JANE STREET GROUP, LLC New +11,152,855+11.2m
BANK OF AMERICA CORP /DE/ Added +7,045,185+7.0m
Creative Planning Added +2,605,513+2.6m
Wealthfront Advisers LLC Added +2,030,458+2.0m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +1,274,623+1.3m
JPMORGAN CHASE & CO Added +1,271,596+1.3m
COMERICA BANK New +1,255,134+1.3m
Bridgewater Associates, LP Added +1,251,567+1.3m
STATE STREET CORP Added +972,906+972.9k
US BANCORP \DE\ Added +869,868+869.9k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -22,770,622-22.8m
MORGAN STANLEY Reduced -11,828,804-11.8m
BlackRock Inc. Reduced -9,406,038-9.4m
GOLDMAN SACHS GROUP INC Reduced -6,687,825-6.7m
Members Trust Co Reduced -4,321,798-4.3m
SUMITOMO LIFE INSURANCE CO Reduced -2,642,674-2.6m
C Partners Holding GmbH Sold out -2,517,601-2.5m
WELLS FARGO & COMPANY/MN Reduced -2,254,341-2.3m
TD AMERITRADE INVESTMENT MANAGEMENT, LLC Reduced -1,965,224-2.0m
UBS Group AG Reduced -1,665,576-1.7m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.1m65.7k shares
CITADEL ADVISORS LLC Added $547.3k11.5k shares
WOLVERINE TRADING, LLC Reduced $266.5k5.6k shares
GROUP ONE TRADING LLC Reduced $14.3k300 shares
Cutler Group LLC / CA Reduced $1.0k4.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $632.9k13.3k shares
WOLVERINE TRADING, LLC Added $376.0k7.9k shares
Private Advisor Group, LLC New $211.3k444.0k shares
CITADEL ADVISORS LLC Reduced $52.3k1.1k shares
Cutler Group LLC / CA New $0200 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.

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.78% of their portfolio CHARLOTTE, NC 132,619,086132.6m $6.3bn $6.3bn 0.78% Added +7.0m +7,045,185
2 Creative Planning 4.45% of their portfolio OVERLAND PARK, KS 70,071,58870.1m $3.3bn $3.3bn 4.45% Added +2.6m +2,605,513
3 MORGAN STANLEY 0.33% of their portfolio NEW YORK, NY 67,444,63667.4m $3.2bn $3.2bn 0.33% Reduced -11.8m -11,828,804
4 WELLS FARGO & COMPANY/MN 0.73% of their portfolio SAN FRANCISCO, CA 49,045,13349.0m $2.3bn $2.3bn 0.73% Reduced -2.3m -2,254,341
5 GOLDMAN SACHS GROUP INC 0.43% of their portfolio NEW YORK, NY 35,772,92135.8m $1.7bn $1.7bn 0.43% Reduced -6.7m -6,687,825
6 ENVESTNET ASSET MANAGEMENT INC 0.75% of their portfolio Berwyn, PA 34,489,31434.5m $1.6bn $1.6bn 0.75% Reduced -22.8m -22,770,622
7 TIAA TRUST, NATIONAL ASSOCIATION 5.77% of their portfolio CHARLOTTE, NC 33,622,61533.6m $1.6bn $1.6bn 5.77% First filing
8 Wealthfront Advisers LLC 6.41% of their portfolio Palo Alto, CA 31,265,09531.3m $1.5bn $1.5bn 6.41% Added +2.0m +2,030,458
9 BlackRock Inc. 0.04% of their portfolio New York, NY 26,244,57926.2m $1.2bn $1.2bn 0.04% Reduced -9.4m -9,406,038
10 JPMORGAN CHASE & CO 0.13% of their portfolio NEW YORK, NY 24,138,17024.1m $1.1bn $1.1bn 0.13% Added +1.3m +1,271,596
11 US BANCORP \DE\ 1.83% of their portfolio MINNEAPOLIS, MN 23,484,65523.5m $1.1bn $1.1bn 1.83% Added +869.9k +869,868
12 LPL Financial LLC 0.73% of their portfolio FORT MILL, SC 21,756,30121.8m $1.0bn $1.0bn 0.73% Reduced -1.1m -1,137,242
13 Bridgewater Associates, LP 5.52% of their portfolio Westport, CT 19,184,51519.2m $913.0m $913.0m 5.52% Added +1.3m +1,251,567
14 FMR LLC 0.07% of their portfolio BOSTON, MA 16,385,02916.4m $779.8m $779.8m 0.07% Added +329.8k +329,784
15 UBS Group AG 0.36% of their portfolio ZURICH, V8 16,317,99116.3m $776.6m $776.6m 0.36% Reduced -1.7m -1,665,576
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.91% of their portfolio MILWAUKEE, WI 14,708,67114.7m $700.0m $700.0m 0.91% Added +491.2k +491,236
17 RAYMOND JAMES & ASSOCIATES 0.56% of their portfolio ST PETERSBURG, FL 14,047,81614.0m $668.5m $668.5m 0.56% Added +477.3k +477,320
18 M&T Bank Corp 2.41% of their portfolio BUFFALO, NY 12,705,71512.7m $604.7m $604.7m 2.41% Reduced -62.9k -62,921
19 PNC Financial Services Group, Inc. 0.48% of their portfolio Pittsburgh, PA 11,760,03111.8m $559.7m $559.7m 0.48% Reduced -17.2k -17,229
20 JANE STREET GROUP, LLC 0.83% of their portfolio NEW YORK, NY 11,152,85511.2m $530.8m $530.8m 0.83% New
21 Betterment LLC 1.51% of their portfolio NEW YORK, NY 10,003,39010.0m $476.1m $476.1m 1.51% Reduced -83.4k -83,382
22 Envestnet Portfolio Solutions, Inc. 2.20% of their portfolio BERWYN, PA 9,770,7769.8m $465.0m $465.0m 2.20% First filing
23 Municipal Employees' Retirement System of Michigan 5.55% of their portfolio LANSING, MI 8,390,8638.4m $399.3m $399.3m 5.55% Unchanged
24 ASSETMARK, INC 1.51% of their portfolio CONCORD, CA 7,923,9117.9m $377.1m $377.1m 1.51% Added +237.4k +237,376
25 Charles Schwab Investment Advisory, Inc. 0.58% of their portfolio SAN FRANCISCO, CA 7,680,9467.7m $365.5m $365.5m 0.58% Reduced -118.9k -118,866
26 Retirement Systems of Alabama 1.68% of their portfolio MONTGOMERY, AL 7,584,4317.6m $360.9m $360.9m 1.68% Unchanged
27 Bank of New York Mellon Corp 0.08% of their portfolio NEW YORK, NY 7,193,8017.2m $342.4m $342.4m 0.08% Reduced -623.8k -623,833
28 Asset Management One Co., Ltd. 1.52% of their portfolio TOKYO, M0 7,171,4497.2m $341.3m $341.3m 1.52% Reduced -576.9k -576,927
29 ALLIANCEBERNSTEIN L.P. 0.14% of their portfolio NASHVILLE, TN 6,982,8557.0m $332.3m $332.3m 0.14% Added +304.1k +304,087
30 OSAIC HOLDINGS, INC. 0.48% of their portfolio SCOTTSDALE, AZ 6,845,8246.8m $325.9m $325.9m 0.48% Added +650.8k +650,810
31 VICTORY CAPITAL MANAGEMENT INC 0.35% of their portfolio San Antonio, TX 6,317,3426.3m $300.6m $300.6m 0.35% Added +571.8k +571,762
32 Nationwide Fund Advisors 31.53% of their portfolio COLUMBUS, OH 6,062,6606.1m $288.5m $288.5m 31.53% Reduced -66.0k -66,002
33 STATE STREET CORP 0.02% of their portfolio BOSTON, MA 5,899,3615.9m $280.8m $280.8m 0.02% Added +972.9k +972,906
34 ROYAL BANK OF CANADA 0.08% of their portfolio TORONTO, A6 5,523,3175.5m $262.9m $262.9m 0.08% Added +850.4k +850,373
35 SEI INVESTMENTS CO 0.46% of their portfolio OAKS, PA 5,428,0045.4m $258.3m $258.3m 0.46% Added +290.8k +290,769
36 CITIGROUP INC 0.36% of their portfolio NEW YORK, NY 5,263,9215.3m $250.5m $250.5m 0.36% Added +396.3k +396,330
37 BANK OF MONTREAL /CAN/ 0.09% of their portfolio TORONTO, A6 5,231,4825.2m $257.7m $257.7m 0.09% Added +173.2k +173,181
38 Jordan Park Group LLC 17.39% of their portfolio SAN FRANCISCO, CA 5,084,4315.1m $242.0m $242.0m 17.39% Reduced -449.6k -449,606
39 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio SAN FRANCISCO, CA 4,899,9314.9m $233.2m $233.2m 0.07% Added +1.3m +1,274,623
40 MONETA GROUP INVESTMENT ADVISORS LLC 5.20% of their portfolio ST LOUIS, MO 4,809,7634.8m $228.9m $228.9m 5.20% Added +592.5k +592,451
41 Members Trust Co 6.66% of their portfolio TAMPA, FL 4,801,7904.8m $228.5m $228.5m 6.66% Reduced -4.3m -4,321,798
42 UNITED SERVICES AUTOMOBILE ASSOCIATION 5.45% of their portfolio SAN ANTONIO, TX 4,547,3434.5m $216.4m $216.4m 5.45% Added +556.0k +556,025
43 Haverford Trust Co 2.62% of their portfolio Radnor, PA 4,511,6044.5m $214.7m $214.7m 2.62% Reduced -214.5k -214,453
44 Elo Mutual Pension Insurance Co 6.61% of their portfolio ESPOO, H9 4,503,6004.5m $214.3m $214.3m 6.61% Added +92.5k +92,500
45 Ballentine Partners, LLC 4.65% of their portfolio Waltham, MA 4,153,3344.2m $197.7m $197.7m 4.65% Added +92.6k +92,560
46 CAPTRUST FINANCIAL ADVISORS 0.75% of their portfolio RALEIGH, NC 4,128,5094.1m $196.5m $196.5m 0.75% Added +752.5k +752,480
47 STIFEL FINANCIAL CORP 0.28% of their portfolio ST. LOUIS, MO 4,112,8274.1m $195.7m $195.7m 0.28% Added +925 +925
48 FRANKLIN RESOURCES INC 0.10% of their portfolio San Mateo, CA 4,099,8124.1m $195.1m $195.1m 0.10% Reduced -231.8k -231,838
49 Mariner, LLC 0.50% of their portfolio Overland Park, KS 3,928,5023.9m $187.0m $187.0m 0.50% Added +397.2k +397,232
50 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 3,924,1363.9m $189.4m $189.4m 0.06% Reduced -1.2m -1,195,072
51 Corient Private Wealth LP 0.42% of their portfolio MIAMI, FL 3,849,7493.8m $183.2m $183.2m 0.42% Added +45.8k +45,843
52 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 1.49% of their portfolio HARRISBURG, PA 3,775,9973.8m $179.7m $179.7m 1.49% Reduced -105.0k -105,000
53 UNITED CAPITAL FINANCIAL ADVISORS, LLC 1.15% of their portfolio IRVING, TX 3,699,3713.7m $176.1m $176.1m 1.15% Reduced -1.0m -1,008,322
54 HighTower Advisors, LLC 0.32% of their portfolio CHICAGO, IL 3,563,2933.6m $169.6m $169.6m 0.32% Added +292.0k +292,023
55 Blue Trust, Inc. 2.52% of their portfolio BRENTWOOD, TN 3,354,5313.4m $165.3m $165.3m 2.52% Reduced -42.1k -42,130
56 State of New Jersey Common Pension Fund D 0.56% of their portfolio TRENTON, NJ 3,253,0903.3m $154.8m $154.8m 0.56% Unchanged
57 CWM, LLC 0.93% of their portfolio OMAHA, NE 3,184,5643.2m $151.6m $151.6m 0.93% Reduced -1.6m -1,613,721
58 Matson Money. Inc. 5.16% of their portfolio MASON, OH 3,000,8393.0m $142.8m $142.8m 5.16% Added +47.2k +47,228
59 CORNERSTONE PARTNERS CAPITAL MANAGEMENT, LLC 10.86% of their portfolio CHARLOTTESVILLE, VA 2,850,5602.9m $135.7m $135.7m 10.86% Reduced -246.2k -246,200
60 PARTNERS CAPITAL INVESTMENT GROUP, LLP 3.14% of their portfolio BOSTON, MA 2,750,0172.8m $130.9m $130.9m 3.14% Added +59.5k +59,497
61 AE Wealth Management LLC 0.77% of their portfolio TOPEKA, KS 2,698,7532.7m $128.4m $128.4m 0.77% Reduced -137.7k -137,727
62 MML INVESTORS SERVICES, LLC 0.70% of their portfolio SPRINGFIELD, MA 2,661,9622.7m $126.7m $126.7m 0.70% Reduced -630.2k -630,180
63 Alesco Advisors, LLC, An ESL Co 4.81% of their portfolio Pittsford, NY 2,617,7822.6m $124.6m $124.6m 4.81% Reduced -179.4k -179,370
64 KEYBANK NATIONAL ASSOCIATION/OH 0.58% of their portfolio BROOKLYN, OH 2,547,8352.5m $121.3m $121.3m 0.58% Reduced -61.5k -61,489
65 Mirae Asset Global Investments Co., Ltd. 0.26% of their portfolio SEOUL, M5 2,526,1402.5m $120.2m $120.2m 0.26% Added +122.1k +122,110
66 Raymond James Financial Services Advisors, Inc. 0.22% of their portfolio ST. PETERSBURG, FL 2,506,2262.5m $119.3m $119.3m 0.22% Reduced -13.8k -13,793
67 NEUBERGER BERMAN GROUP LLC 0.10% of their portfolio NEW YORK, NY 2,392,5662.4m $113.9m $113.9m 0.10% Added +352.9k +352,850
68 Choate Investment Advisors 4.45% of their portfolio BOSTON, MA 2,386,9702.4m $113.6m $113.6m 4.45% Added +5.9k +5,933
69 Hamilton Capital, LLC 8.52% of their portfolio COLUMBUS, OH 2,335,8952.3m $111.2m $111.2m 8.52% Added +25.4k +25,380
70 Nuveen Asset Management, LLC 0.04% of their portfolio CHICAGO, IL 2,276,9932.3m $108.4m $108.4m 0.04% Added +6.4k +6,371
71 FIRST CITIZENS BANK & TRUST CO 1.97% of their portfolio RALEIGH, NC 2,125,6642.1m $101.2m $101.2m 1.97% Reduced -45.7k -45,672
72 DEUTSCHE BANK AG\ 0.06% of their portfolio FRANKFURT AM MAIN, 2M 2,024,7632.0m $96.4m $96.4m 0.06% Added +24.9k +24,923
73 HALBERT HARGROVE GLOBAL ADVISORS, LLC 7.24% of their portfolio LONG BEACH, CA 2,018,7602.0m $96.1m $96.1m 7.24% Added +98.6k +98,597
74 PARK AVENUE SECURITIES LLC 1.49% of their portfolio NEW YORK, NY 2,016,9202.0m $96.0m $96.0m 1.49% Reduced -1.3m -1,308,863
75 Hirtle & Co., LLC 4.67% of their portfolio WEST CONSHOHOCKEN, PA 1,964,6042.0m $93.5m $93.5m 4.67% Reduced -23.4k -23,385
76 LINCOLN NATIONAL CORP 1.85% of their portfolio RADNOR, PA 1,932,0481.9m $91.9m $91.9m 1.85% Added +13.5k +13,510
77 COMMONWEALTH EQUITY SERVICES, LLC 0.19% of their portfolio WALTHAM, MA 1,925,9661.9m $91.7m $91.7m 0.19% Reduced -108.3k -108,325
78 TRUIST FINANCIAL CORP 0.15% of their portfolio CHARLOTTE, NC 1,924,9941.9m $91.6m $91.6m 0.15% Reduced -17.9k -17,886
79 1832 Asset Management L.P. 0.19% of their portfolio TORONTO, A6 1,917,7611.9m $91.3m $91.3m 0.19% Added +281.0k +280,960
80 University of Pittsburgh - Of the Commonwealth System of Higher Education 99.74% of their portfolio PITTSBURGH, PA 1,755,1081.8m $83.5m $83.5m 99.74% Unchanged
81 Elm Partners Management LLC 8.52% of their portfolio Philadelphia, PA 1,731,9431.7m $82.4m $82.4m 8.52% Reduced -295.5k -295,533
82 Cresset Asset Management, LLC 0.57% of their portfolio Chicago, IL 1,727,0961.7m $82.2m $82.2m 0.57% Reduced -757.0k -756,994
83 Hackensack Meridian Health, Inc. 12.11% of their portfolio EDISON, NJ 1,713,6071.7m $81.6m $81.6m 12.11% Unchanged
84 Stairway Partners, LLC 8.70% of their portfolio MINNEAPOLIS, MN 1,701,9191.7m $81.0m $81.0m 8.70% Reduced -309.3k -309,331
85 Board of Trustees of The Leland Stanford Junior University 6.23% of their portfolio STANFORD, CA 1,694,5191.7m $80.6m $80.6m 6.23% Unchanged
86 Federation des caisses Desjardins du Quebec 0.82% of their portfolio LEVIS, A8 1,663,4131.7m $79.2m $79.2m 0.82% Added +22.1k +22,075
87 FIFTH THIRD BANCORP 0.36% of their portfolio CINCINNATI, OH 1,634,9481.6m $77.8m $77.8m 0.36% Added +9.4k +9,379
88 Cetera Investment Advisers 0.66% of their portfolio SCHAUMBURG, IL 1,618,0661.6m $77.0m $77.0m 0.66% Reduced -379.1k -379,123
89 Wealthspire Advisors, LLC 1.25% of their portfolio NEW YORK, NY 1,596,4871.6m $76.0m $76.0m 1.25% Added +19.3k +19,337
90 Retirement Investment Advisors, Inc. 6.85% of their portfolio OKLAHOMA CITY, OK 1,580,8871.6m $75.2m $75.2m 6.85% Added +442.3k +442,304
91 AVANTAX ADVISORY SERVICES, INC. 0.84% of their portfolio DALLAS, TX 1,572,3721.6m $74.8m $74.8m 0.84% Reduced -810.8k -810,815
92 Cerity Partners LLC 0.36% of their portfolio NEW YORK, NY 1,544,6421.5m $73.5m $73.5m 0.36% Reduced -941.7k -941,663
93 Janney Montgomery Scott LLC 0.27% of their portfolio PHILADELPHIA, PA 1,534,9921.5m $73.0m $73.0m 0.27% Reduced -564.3k -564,313
94 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 2.82% of their portfolio Seattle, WA 1,504,9831.5m $71.6m $71.6m 2.82% Added +59.7k +59,715
95 Wharton Business Group, LLC 3.96% of their portfolio MALVERN, PA 1,496,4691.5m $71.2m $71.2m 3.96% Reduced -409.3k -409,293
96 Mill Creek Capital Advisors, LLC 2.35% of their portfolio Conshohocken, PA 1,488,7361.5m $70.8m $70.8m 2.35% Added +62.8k +62,810
97 STATE OF WISCONSIN INVESTMENT BOARD 0.22% of their portfolio MADISON, WI 1,486,6001.5m $70.7m $70.7m 0.22% Reduced -58.3k -58,300
98 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 5.36% of their portfolio BETHESDA, MD 1,467,5001.5m $69.8m $69.8m 5.36% Reduced -530.0k -530,000
99 Baird Financial Group, Inc. 0.19% of their portfolio MILWAUKEE, WI 1,464,9171.5m $69.7m $69.7m 0.19% Reduced -37.4k -37,388
100 Financiere des Professionnels - Fonds d'investissement inc. 6.67% of their portfolio MONTREAL, A8 1,464,4481.5m $69.7m $69.7m 6.67% First filing