Vault-13

ISHARES INC IEMG

CORE MSCI EMKT · ETP · CUSIP 46434G103

1,691 institutional holders +134 vs Q3 2023
1,244,284,0241.2bn shares reported held*
$59.2bnreported value*
101 new 661 added 656 reduced 82 sold out net bought ≈ $5.9bn (+120.4m 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 ($270.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $47.59. Options: 6 managers hold calls ($6.4m notional), 2 hold puts ($1.4m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 1,376Q4 22: 1,452Q1 23: 1,532Q2 23: 1,563Q3 23: 1,557Q4 23: 1,6911,691Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 20221,376
Q4 20221,452
Q1 20231,532
Q2 20231,563
Q3 20231,557
Q4 20231,691

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 23Q4 23: 762 bought or addedQ4 23: 738 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022697656
Q1 2023885542
Q2 2023799655
Q3 2023635809
Q4 2023762738

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ1 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 0.32Q4 23 calls: $6.4mQ4 23 puts: $1.4mQ4 23P/C 0.22
Numbers
QuarterCallsPutsP/C
Q1 2023$7.7m$21.3m2.76
Q2 2023$10.0m$1.8m0.18
Q3 2023$4.0m$1.3m0.32
Q4 2023$6.4m$1.4m0.22

Biggest buyers

MORGAN STANLEY Added +65,086,156+65.1m
JPMORGAN CHASE & CO Added +35,746,228+35.7m
JANE STREET GROUP, LLC Added +13,226,132+13.2m
GOLDMAN SACHS GROUP INC Added +4,003,247+4.0m
Creative Planning Added +3,044,555+3.0m
BlackRock Inc. Added +3,016,626+3.0m
OLD MISSION CAPITAL LLC Added +2,472,813+2.5m
Wealthfront Advisers LLC Added +2,446,713+2.4m
CI INVESTMENTS INC. Added +1,855,028+1.9m
GRIMES & Co WEALTH MANAGEMENT, LLC Added +1,713,048+1.7m

Biggest sellers

State of New Jersey Common Pension Fund D Sold out -3,253,090-3.3m
WELLS FARGO & COMPANY/MN Reduced -2,974,575-3.0m
Hackensack Meridian Health, Inc. Sold out -1,713,607-1.7m
OSAIC HOLDINGS, INC. Reduced -1,704,716-1.7m
FRANKLIN RESOURCES INC Reduced -1,597,617-1.6m
Parcion Private Wealth LLC Reduced -1,139,017-1.1m
Composition Wealth, LLC Reduced -1,127,754-1.1m
Haverford Trust Co Reduced -1,126,296-1.1m
NEUBERGER BERMAN GROUP LLC Reduced -1,113,071-1.1m
Nationwide Fund Advisors Reduced -974,984-975.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.9m77.7k shares
JANE STREET GROUP, LLC New $2.0m38.6k shares
CITADEL ADVISORS LLC Reduced $505.8k10.0k shares
Cutler Group LLC / CA Added $11.0k6.1k shares
GROUP ONE TRADING LLC Reduced $5.1k100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.1m21.4k shares
CITADEL ADVISORS LLC Added $328.8k6.5k 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.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.77% of their portfolio CHARLOTTE, NC 133,642,795133.6m $6.8bn $6.8bn 0.77% Added +1.0m +1,023,709
2 MORGAN STANLEY 0.30% of their portfolio NEW YORK, NY 132,530,792132.5m $6.7bn $6.7bn 0.30% Added +65.1m +65,086,156
3 Creative Planning 0.06% of their portfolio OVERLAND PARK, KS 73,116,14373.1m $33.3m $33.3m 0.06% Added +3.0m +3,044,555
4 JPMORGAN CHASE & CO 0.15% of their portfolio NEW YORK, NY 59,884,39859.9m $3.0bn $3.0bn 0.15% Added +35.7m +35,746,228
5 WELLS FARGO & COMPANY/MN 0.66% of their portfolio SAN FRANCISCO, CA 46,070,55846.1m $2.3bn $2.3bn 0.66% Reduced -3.0m -2,974,575
6 GOLDMAN SACHS GROUP INC 0.44% of their portfolio NEW YORK, NY 39,776,16839.8m $2.0bn $2.0bn 0.44% Added +4.0m +4,003,247
7 ENVESTNET ASSET MANAGEMENT INC 0.72% of their portfolio Berwyn, PA 34,271,38134.3m $1.7bn $1.7bn 0.72% Reduced -217.9k -217,933
8 Wealthfront Advisers LLC 6.55% of their portfolio Palo Alto, CA 33,711,80833.7m $1.7bn $1.7bn 6.55% Added +2.4m +2,446,713
9 TIAA TRUST, NATIONAL ASSOCIATION 5.65% of their portfolio CHARLOTTE, NC 33,491,04733.5m $1.7bn $1.7bn 5.65% Reduced -131.6k -131,568
10 BlackRock Inc. 0.04% of their portfolio New York, NY 29,261,20529.3m $1.5bn $1.5bn 0.04% Added +3.0m +3,016,626
11 JANE STREET GROUP, LLC 1.50% of their portfolio NEW YORK, NY 24,378,98724.4m $1.2bn $1.2bn 1.50% Added +13.2m +13,226,132
12 US BANCORP \DE\ 1.81% of their portfolio MINNEAPOLIS, MN 24,185,36024.2m $1.2bn $1.2bn 1.81% Added +700.7k +700,705
13 LPL Financial LLC 0.68% of their portfolio FORT MILL, SC 22,296,04122.3m $1.1bn $1.1bn 0.68% Added +539.7k +539,740
14 Bridgewater Associates, LP 5.29% of their portfolio Westport, CT 18,692,55018.7m $945.5m $945.5m 5.29% Reduced -492.0k -491,965
15 FMR LLC 0.07% of their portfolio BOSTON, MA 16,839,23416.8m $851.7m $851.7m 0.07% Added +454.2k +454,205
16 UBS Group AG 0.32% of their portfolio ZURICH, V8 15,854,42315.9m $801.9m $801.9m 0.32% Reduced -463.6k -463,568
17 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.89% of their portfolio MILWAUKEE, WI 15,611,94515.6m $789.7m $789.7m 0.89% Added +903.3k +903,274
18 RAYMOND JAMES & ASSOCIATES 0.55% of their portfolio ST PETERSBURG, FL 14,540,02614.5m $735.4m $735.4m 0.55% Added +492.2k +492,210
19 M&T Bank Corp 2.37% of their portfolio BUFFALO, NY 12,762,48012.8m $645.5m $645.5m 2.37% Added +56.8k +56,765
20 PNC Financial Services Group, Inc. 0.46% of their portfolio Pittsburgh, PA 11,630,41011.6m $588.3m $588.3m 0.46% Reduced -129.6k -129,621
21 Betterment LLC 1.45% of their portfolio NEW YORK, NY 9,970,95910.0m $504.3m $504.3m 1.45% Reduced -32.4k -32,431
22 Envestnet Portfolio Solutions, Inc. 2.03% of their portfolio BERWYN, PA 9,675,0789.7m $489.4m $489.4m 2.03% Reduced -95.7k -95,698
23 ASSETMARK, INC 1.45% of their portfolio CONCORD, CA 7,936,1437.9m $401.4m $401.4m 1.45% Added +12.2k +12,232
24 Municipal Employees' Retirement System of Michigan 5.33% of their portfolio LANSING, MI 7,884,4287.9m $398.8m $398.8m 5.33% Reduced -506.4k -506,435
25 Charles Schwab Investment Advisory, Inc. 0.57% of their portfolio SAN FRANCISCO, CA 7,813,4727.8m $395.2m $395.2m 0.57% Added +132.5k +132,526
26 Retirement Systems of Alabama 1.63% of their portfolio MONTGOMERY, AL 7,584,4317.6m $383.6m $383.6m 1.63% Unchanged
27 Bank of New York Mellon Corp 0.07% of their portfolio NEW YORK, NY 7,182,2457.2m $363.3m $363.3m 0.07% Reduced -11.6k -11,556
28 ALLIANCEBERNSTEIN L.P. 0.14% of their portfolio NASHVILLE, TN 7,166,1157.2m $362.5m $362.5m 0.14% Added +183.3k +183,260
29 Asset Management One Co., Ltd. 1.45% of their portfolio TOKYO, M0 7,126,3247.1m $360.4m $360.4m 1.45% Reduced -45.1k -45,125
30 VICTORY CAPITAL MANAGEMENT INC 0.33% of their portfolio San Antonio, TX 6,137,5916.1m $310.4m $310.4m 0.33% Reduced -179.8k -179,751
31 CITIGROUP INC 0.40% of their portfolio NEW YORK, NY 5,934,4635.9m $300.2m $300.2m 0.40% Added +670.5k +670,542
32 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 5,801,4015.8m $293.4m $293.4m 0.01% Reduced -98.0k -97,960
33 SEI INVESTMENTS CO 0.44% of their portfolio OAKS, PA 5,441,6115.4m $275.2m $275.2m 0.44% Added +13.6k +13,607
34 BANK OF MONTREAL /CAN/ 0.09% of their portfolio TORONTO, A6 5,165,4295.2m $262.1m $262.1m 0.09% Reduced -66.1k -66,053
35 OSAIC HOLDINGS, INC. 0.46% of their portfolio SCOTTSDALE, AZ 5,141,1085.1m $260.2m $260.2m 0.46% Reduced -1.7m -1,704,716
36 Nationwide Fund Advisors 28.51% of their portfolio COLUMBUS, OH 5,087,6765.1m $257.3m $257.3m 28.51% Reduced -975.0k -974,984
37 ROYAL BANK OF CANADA 0.06% of their portfolio TORONTO, A6 5,063,7705.1m $256.1m $256.1m 0.06% Reduced -459.5k -459,547
38 MONETA GROUP INVESTMENT ADVISORS LLC 4.91% of their portfolio ST LOUIS, MO 4,912,5624.9m $248.5m $248.5m 4.91% Added +102.8k +102,799
39 Jordan Park Group LLC 17.08% of their portfolio SAN FRANCISCO, CA 4,911,4364.9m $248.4m $248.4m 17.08% Reduced -173.0k -172,995
40 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio SAN FRANCISCO, CA 4,703,9324.7m $237.9m $237.9m 0.06% Reduced -196.0k -195,999
41 Mariner, LLC 0.55% of their portfolio Overland Park, KS 4,616,9074.6m $233.5m $233.5m 0.55% Added +688.4k +688,405
42 CAPTRUST FINANCIAL ADVISORS 0.80% of their portfolio RALEIGH, NC 4,579,5554.6m $231.6m $231.6m 0.80% Added +451.0k +451,046
43 UNITED SERVICES AUTOMOBILE ASSOCIATION 5.06% of their portfolio SAN ANTONIO, TX 4,516,1534.5m $228.4m $228.4m 5.06% Reduced -31.2k -31,190
44 Ballentine Partners, LLC 4.44% of their portfolio Waltham, MA 4,307,3244.3m $217.9m $217.9m 4.44% Added +154.0k +153,990
45 Members Trust Co 6.19% of their portfolio TAMPA, FL 4,286,3854.3m $216.6m $216.6m 6.19% Reduced -515.4k -515,405
46 STIFEL FINANCIAL CORP 0.27% of their portfolio ST. LOUIS, MO 4,193,4304.2m $212.1m $212.1m 0.27% Added +80.6k +80,603
47 Corient Private Wealth LP 0.36% of their portfolio MIAMI, FL 3,887,3493.9m $196.6m $196.6m 0.36% Added +37.6k +37,600
48 Elo Mutual Pension Insurance Co 5.23% of their portfolio ESPOO, H9 3,851,2003.9m $194.8m $194.8m 5.23% Reduced -652.4k -652,400
49 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 1.41% of their portfolio HARRISBURG, PA 3,847,9973.8m $194.6m $194.6m 1.41% Added +72.0k +72,000
50 HighTower Advisors, LLC 0.31% of their portfolio CHICAGO, IL 3,700,1223.7m $187.2m $187.2m 0.31% Added +136.8k +136,829
51 Haverford Trust Co 1.90% of their portfolio Radnor, PA 3,385,3083.4m $171.2m $171.2m 1.90% Reduced -1.1m -1,126,296
52 Cerity Partners LLC 0.54% of their portfolio NEW YORK, NY 3,191,2193.2m $161.4m $161.4m 0.54% Added +1.6m +1,646,577
53 Blue Trust, Inc. 2.43% of their portfolio BRENTWOOD, TN 3,184,8103.2m $151.6m $151.6m 2.43% Reduced -169.7k -169,721
54 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 3,062,5503.1m $157.5m $157.5m 0.05% Reduced -861.6k -861,586
55 Matson Money. Inc. 5.26% of their portfolio MASON, OH 3,048,9543.0m $154.2m $154.2m 5.26% Added +48.1k +48,115
56 Nuveen Asset Management, LLC 0.05% of their portfolio CHICAGO, IL 2,981,5713.0m $150.8m $150.8m 0.05% Added +704.6k +704,578
57 UNITED CAPITAL FINANCIAL ADVISORS, LLC 1.17% of their portfolio IRVING, TX 2,798,4502.8m $141.5m $141.5m 1.17% Reduced -900.9k -900,921
58 CORNERSTONE PARTNERS CAPITAL MANAGEMENT, LLC 10.44% of their portfolio CHARLOTTESVILLE, VA 2,713,2752.7m $137.2m $137.2m 10.44% Reduced -137.3k -137,285
59 OLD MISSION CAPITAL LLC 3.81% of their portfolio CHICAGO, IL 2,688,7092.7m $136.0m $136.0m 3.81% Added +2.5m +2,472,813
60 CWM, LLC 0.72% of their portfolio OMAHA, NE 2,632,0282.6m $133.1m $133.1m 0.72% Reduced -552.5k -552,536
61 Mirae Asset Global Investments Co., Ltd. 0.27% of their portfolio SEOUL, M5 2,590,5602.6m $131.0m $131.0m 0.27% Added +64.4k +64,420
62 Alesco Advisors, LLC, An ESL Co 4.59% of their portfolio Pittsford, NY 2,586,9932.6m $130.9m $130.9m 4.59% Reduced -30.8k -30,789
63 AE Wealth Management LLC 0.65% of their portfolio TOPEKA, KS 2,586,0522.6m $126.6m $126.6m 0.65% Reduced -112.7k -112,701
64 KEYBANK NATIONAL ASSOCIATION/OH 0.58% of their portfolio BROOKLYN, OH 2,566,1782.6m $129.8m $129.8m 0.58% Added +18.3k +18,343
65 Raymond James Financial Services Advisors, Inc. 0.21% of their portfolio ST. PETERSBURG, FL 2,560,5462.6m $129.5m $129.5m 0.21% Added +54.3k +54,320
66 MML INVESTORS SERVICES, LLC 0.59% of their portfolio SPRINGFIELD, MA 2,537,3622.5m $128.3m $128.3m 0.59% Reduced -124.6k -124,600
67 FRANKLIN RESOURCES INC 0.06% of their portfolio San Mateo, CA 2,502,1952.5m $126.6m $126.6m 0.06% Reduced -1.6m -1,597,617
68 DEUTSCHE BANK AG\ 0.06% of their portfolio FRANKFURT AM MAIN, 2M 2,467,8832.5m $124.8m $124.8m 0.06% Added +443.1k +443,120
69 Choate Investment Advisors 3.77% of their portfolio BOSTON, MA 2,408,8722.4m $121.8m $121.8m 3.77% Added +21.9k +21,902
70 PARTNERS CAPITAL INVESTMENT GROUP, LLP 2.65% of their portfolio BOSTON, MA 2,385,6582.4m $120.7m $120.7m 2.65% Reduced -364.4k -364,359
71 Hamilton Capital, LLC 9.56% of their portfolio COLUMBUS, OH 2,354,6662.4m $119.1m $119.1m 9.56% Added +18.8k +18,771
72 GRIMES & Co WEALTH MANAGEMENT, LLC 3.75% of their portfolio WESTBOROUGH, MA 2,239,5042.2m $113.3m $113.3m 3.75% Added +1.7m +1,713,048
73 Baird Financial Group, Inc. 0.25% of their portfolio MILWAUKEE, WI 2,140,2152.1m $108.3m $108.3m 0.25% Added +675.3k +675,298
74 COMMONWEALTH EQUITY SERVICES, LLC 0.19% of their portfolio WALTHAM, MA 2,080,5552.1m $105.2m $105.2m 0.19% Added +154.6k +154,589
75 HALBERT HARGROVE GLOBAL ADVISORS, LLC 7.26% of their portfolio LONG BEACH, CA 2,066,9082.1m $104.5m $104.5m 7.26% Added +48.1k +48,148
76 1832 Asset Management L.P. 0.20% of their portfolio TORONTO, A6 2,049,9092.0m $103.7m $103.7m 0.20% Added +132.1k +132,148
77 Hirtle & Co., LLC 4.71% of their portfolio WEST CONSHOHOCKEN, PA 2,041,7882.0m $103.3m $103.3m 4.71% Added +77.2k +77,184
78 PARK AVENUE SECURITIES LLC 1.41% of their portfolio NEW YORK, NY 2,021,9662.0m $102.3m $102.3m 1.41% Added +5.0k +5,046
79 LINCOLN NATIONAL CORP 1.79% of their portfolio RADNOR, PA 2,012,5122.0m $101.8m $101.8m 1.79% Added +80.5k +80,464
80 FIRST CITIZENS BANK & TRUST CO 1.73% of their portfolio RALEIGH, NC 1,885,5281.9m $95.4m $95.4m 1.73% Reduced -240.1k -240,136
81 CI INVESTMENTS INC. 0.49% of their portfolio TORONTO, Z4 1,883,2971.9m $95.3m $95.3m 0.49% Added +1.9m +1,855,028
82 Federation des caisses Desjardins du Quebec 0.88% of their portfolio LEVIS, A8 1,848,5111.8m $93.5m $93.5m 0.88% Added +185.1k +185,098
83 University of Pittsburgh - Of the Commonwealth System of Higher Education 99.73% of their portfolio PITTSBURGH, PA 1,840,7811.8m $93.1m $93.1m 99.73% Added +85.7k +85,673
84 TRUIST FINANCIAL CORP 0.14% of their portfolio CHARLOTTE, NC 1,784,3121.8m $90.3m $90.3m 0.14% Reduced -140.7k -140,682
85 Stairway Partners, LLC 8.87% of their portfolio MINNEAPOLIS, MN 1,739,6201.7m $88.0m $88.0m 8.87% Added +37.7k +37,701
86 Elm Partners Management LLC 7.84% of their portfolio Philadelphia, PA 1,706,4161.7m $86.3m $86.3m 7.84% Reduced -25.5k -25,527
87 Board of Trustees of The Leland Stanford Junior University 5.56% of their portfolio STANFORD, CA 1,694,5191.7m $85.7m $85.7m 5.56% Unchanged
88 Wealthspire Advisors, LLC 1.16% of their portfolio NEW YORK, NY 1,618,9041.6m $81.9m $81.9m 1.16% Added +22.4k +22,417
89 FIFTH THIRD BANCORP 0.34% of their portfolio CINCINNATI, OH 1,573,8831.6m $79.6m $79.6m 0.34% Reduced -61.1k -61,065
90 Mill Creek Capital Advisors, LLC 2.35% of their portfolio Conshohocken, PA 1,573,6221.6m $79.6m $79.6m 2.35% Added +84.9k +84,886
91 Cetera Investment Advisers 0.64% of their portfolio SCHAUMBURG, IL 1,567,1301.6m $79.3m $79.3m 0.64% Reduced -50.9k -50,936
92 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 2.69% of their portfolio Seattle, WA 1,564,0561.6m $79.1m $79.1m 2.69% Added +59.1k +59,073
93 Janney Montgomery Scott LLC 0.25% of their portfolio PHILADELPHIA, PA 1,546,4701.5m $78.2m $78.2m 0.25% Added +11.5k +11,478
94 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.13% of their portfolio BALA CYNWYD, PA 1,543,2831.5m $78.1m $78.1m 0.13% Added +848.7k +848,682
95 Passaic Partners LLC 12.81% of their portfolio NEWARK, NJ 1,495,8131.5m $75.7m $75.7m 12.81% Added +176.3k +176,313
96 Wharton Business Group, LLC 3.77% of their portfolio MALVERN, PA 1,481,0041.5m $74.9m $74.9m 3.77% Reduced -15.5k -15,465
97 STATE OF WISCONSIN INVESTMENT BOARD 0.21% of their portfolio MADISON, WI 1,470,9001.5m $74.4m $74.4m 0.21% Reduced -15.7k -15,700
98 Financiere des Professionnels - Fonds d'investissement inc. 6.50% of their portfolio MONTREAL, A8 1,464,4481.5m $74.1m $74.1m 6.50% Unchanged
99 AVANTAX ADVISORY SERVICES, INC. 0.73% of their portfolio DALLAS, TX 1,463,4881.5m $74.0m $74.0m 0.73% Reduced -108.9k -108,884
100 CITIZENS FINANCIAL GROUP INC/RI 2.40% of their portfolio PROVIDENCE, RI 1,372,9121.4m $69.4m $69.4m 2.40% Added +6.2k +6,200