Vault-13

ISHARES INC IEMG

CORE MSCI EMKT · ETP · CUSIP 46434G103

1,657 institutional holders -34 vs Q4 2023
1,309,992,6751.3bn shares reported held*
$67.7bnreported value*
86 new 618 added 754 reduced 117 sold out net bought ≈ $3.6bn (+67.5m 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 ($280.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $51.66. Options: 7 managers hold calls ($8.3m notional), 4 hold puts ($3.5m).

Trends to Q1 2024

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: 1,691Q1 24: 1,6571,657Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 20221,376
Q4 20221,452
Q1 20231,532
Q2 20231,563
Q3 20231,557
Q4 20231,691
Q1 20241,657

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 23Q1 24: 704 bought or addedQ1 24: 871 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022697656
Q1 2023885542
Q2 2023799655
Q3 2023635809
Q4 2023762738
Q1 2024704871

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ2 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 0.22Q1 24 calls: $8.3mQ1 24 puts: $3.5mQ1 24P/C 0.42
Numbers
QuarterCallsPutsP/C
Q2 2023$10.0m$1.8m0.18
Q3 2023$4.0m$1.3m0.32
Q4 2023$6.4m$1.4m0.22
Q1 2024$8.3m$3.5m0.42

Biggest buyers

MORGAN STANLEY Added +67,127,545+67.1m
JANE STREET GROUP, LLC Added +14,057,240+14.1m
BANK OF AMERICA CORP /DE/ Added +11,175,700+11.2m
OLD MISSION CAPITAL LLC Added +4,521,769+4.5m
TIAA TRUST, NATIONAL ASSOCIATION Added +3,158,974+3.2m
Valeo Financial Advisors, LLC Added +2,529,948+2.5m
Wealthfront Advisers LLC Added +2,190,747+2.2m
FACTORY MUTUAL INSURANCE CO New +1,950,000+1.9m
PRINCIPAL FINANCIAL GROUP INC Added +1,500,532+1.5m
BlackRock Inc. Added +1,460,994+1.5m

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -12,800,113-12.8m
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS Reduced -3,538,397-3.5m
OSAIC HOLDINGS, INC. Reduced -2,796,991-2.8m
Choate Investment Advisors Reduced -2,298,444-2.3m
Hamilton Capital, LLC Reduced -2,231,421-2.2m
LPL Financial LLC Reduced -1,897,285-1.9m
Creative Planning Reduced -1,722,335-1.7m
Board of Trustees of The Leland Stanford Junior University Sold out -1,694,519-1.7m
GOLDMAN SACHS GROUP INC Reduced -1,531,156-1.5m
AE Wealth Management LLC Reduced -1,519,821-1.5m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.0m96.8k shares
JANE STREET GROUP, LLC Added $2.3m44.6k shares
WOLVERINE TRADING, LLC New $505.7k9.8k shares
CITADEL ADVISORS LLC Reduced $443.8k8.6k shares
GROUP ONE TRADING LLC Added $20.6k400 shares
Cutler Group LLC / CA Reduced $6.0k2.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $1.8m35.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.0m19.6k shares
WOLVERINE TRADING, LLC New $423.1k8.2k shares
OAK HILL WEALTH ADVISORS, LLC New $201.2k3.9k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.28% of their portfolio NEW YORK, NY 199,658,337199.7m $10.3bn $10.3bn 0.28% Added +67.1m +67,127,545
2 BANK OF AMERICA CORP /DE/ 0.74% of their portfolio CHARLOTTE, NC 144,818,495144.8m $7.5bn $7.5bn 0.74% Added +11.2m +11,175,700
3 Creative Planning 4.08% of their portfolio OVERLAND PARK, KS 71,393,80871.4m $3.7bn $3.7bn 4.08% Reduced -1.7m -1,722,335
4 JPMORGAN CHASE & CO 0.13% of their portfolio NEW YORK, NY 58,639,08658.6m $3.0bn $3.0bn 0.13% Reduced -1.2m -1,245,312
5 WELLS FARGO & COMPANY/MN 0.63% of their portfolio SAN FRANCISCO, CA 46,439,62646.4m $2.4bn $2.4bn 0.63% Added +369.1k +369,068
6 JANE STREET GROUP, LLC 2.57% of their portfolio NEW YORK, NY 38,436,22738.4m $2.0bn $2.0bn 2.57% Added +14.1m +14,057,240
7 GOLDMAN SACHS GROUP INC 0.42% of their portfolio NEW YORK, NY 38,245,01238.2m $2.0bn $2.0bn 0.42% Reduced -1.5m -1,531,156
8 TIAA TRUST, NATIONAL ASSOCIATION 5.79% of their portfolio CHARLOTTE, NC 36,650,02136.7m $1.9bn $1.9bn 5.79% Added +3.2m +3,158,974
9 Wealthfront Advisers LLC 6.48% of their portfolio Palo Alto, CA 35,902,55535.9m $1.9bn $1.9bn 6.48% Added +2.2m +2,190,747
10 BlackRock Inc. 0.04% of their portfolio New York, NY 30,722,19930.7m $1.6bn $1.6bn 0.04% Added +1.5m +1,460,994
11 US BANCORP \DE\ 1.74% of their portfolio MINNEAPOLIS, MN 24,212,89424.2m $1.2bn $1.2bn 1.74% Added +27.5k +27,534
12 ENVESTNET ASSET MANAGEMENT INC 0.41% of their portfolio Berwyn, PA 21,471,26821.5m $1.1bn $1.1bn 0.41% Reduced -12.8m -12,800,113
13 LPL Financial LLC 0.57% of their portfolio FORT MILL, SC 20,398,75620.4m $1.1bn $1.1bn 0.57% Reduced -1.9m -1,897,285
14 Bridgewater Associates, LP 4.87% of their portfolio Westport, CT 18,663,47018.7m $963.0m $963.0m 4.87% Reduced -29.1k -29,080
15 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.86% of their portfolio MILWAUKEE, WI 16,222,26316.2m $837.1m $837.1m 0.86% Added +610.3k +610,318
16 UBS Group AG 0.27% of their portfolio ZURICH, V8 15,866,30415.9m $818.7m $818.7m 0.27% Added +11.9k +11,881
17 FMR LLC 0.05% of their portfolio BOSTON, MA 15,613,39315.6m $805.7m $805.7m 0.05% Reduced -1.2m -1,225,841
18 RAYMOND JAMES & ASSOCIATES 0.51% of their portfolio ST PETERSBURG, FL 14,651,89214.7m $756.0m $756.0m 0.51% Added +111.9k +111,866
19 M&T Bank Corp 2.16% of their portfolio BUFFALO, NY 12,042,28412.0m $621.4m $621.4m 2.16% Reduced -720.2k -720,196
20 PNC Financial Services Group, Inc. 0.42% of their portfolio Pittsburgh, PA 11,655,53411.7m $601.4m $601.4m 0.42% Added +25.1k +25,124
21 Betterment LLC 1.31% of their portfolio NEW YORK, NY 9,440,2179.4m $487.1m $487.1m 1.31% Reduced -530.7k -530,742
22 ASSETMARK, INC 1.47% of their portfolio CONCORD, CA 8,734,5958.7m $450.7m $450.7m 1.47% Added +798.5k +798,452
23 Envestnet Portfolio Solutions, Inc. 1.67% of their portfolio BERWYN, PA 8,634,5658.6m $445.5m $445.5m 1.67% Reduced -1.0m -1,040,513
24 ALLIANCEBERNSTEIN L.P. 0.15% of their portfolio NASHVILLE, TN 8,290,9218.3m $427.8m $427.8m 0.15% Added +1.1m +1,124,806
25 Municipal Employees' Retirement System of Michigan 5.27% of their portfolio LANSING, MI 7,924,8157.9m $408.9m $408.9m 5.27% Added +40.4k +40,387
26 Asset Management One Co., Ltd. 1.52% of their portfolio TOKYO, M0 7,640,8897.6m $394.3m $394.3m 1.52% Added +514.6k +514,565
27 Retirement Systems of Alabama 1.51% of their portfolio MONTGOMERY, AL 7,584,4317.6m $391.4m $391.4m 1.51% Unchanged
28 Charles Schwab Investment Advisory, Inc. 0.54% of their portfolio SAN FRANCISCO, CA 7,577,2397.6m $391.0m $391.0m 0.54% Reduced -236.2k -236,233
29 OLD MISSION CAPITAL LLC 9.10% of their portfolio CHICAGO, IL 7,210,4787.2m $372.1m $372.1m 9.10% Added +4.5m +4,521,769
30 CITIGROUP INC 0.36% of their portfolio NEW YORK, NY 6,435,9636.4m $332.1m $332.1m 0.36% Added +501.5k +501,500
31 VICTORY CAPITAL MANAGEMENT INC 0.31% of their portfolio San Antonio, TX 6,157,1446.2m $317.7m $317.7m 0.31% Added +19.6k +19,553
32 Bank of New York Mellon Corp 0.06% of their portfolio NEW YORK, NY 6,123,8726.1m $316.0m $316.0m 0.06% Reduced -1.1m -1,058,373
33 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 5,762,0995.8m $297.3m $297.3m 0.01% Reduced -39.3k -39,302
34 Jordan Park Group LLC 18.60% of their portfolio SAN FRANCISCO, CA 5,671,4175.7m $292.6m $292.6m 18.60% Added +760.0k +759,981
35 BANK OF MONTREAL /CAN/ 0.09% of their portfolio TORONTO, A6 5,513,0535.5m $283.9m $283.9m 0.09% Added +347.6k +347,624
36 SEI INVESTMENTS CO 0.41% of their portfolio OAKS, PA 5,458,6955.5m $281.7m $281.7m 0.41% Added +17.1k +17,084
37 Mariner, LLC 0.56% of their portfolio Overland Park, KS 5,230,4035.2m $269.9m $269.9m 0.56% Added +613.5k +613,496
38 Nationwide Fund Advisors 28.50% of their portfolio COLUMBUS, OH 5,098,1685.1m $263.1m $263.1m 28.50% Added +10.5k +10,492
39 ROYAL BANK OF CANADA 0.06% of their portfolio TORONTO, A6 5,065,6625.1m $261.4m $261.4m 0.06% Added +1.9k +1,892
40 MONETA GROUP INVESTMENT ADVISORS LLC 4.21% of their portfolio ST LOUIS, MO 5,012,2005.0m $258.6m $258.6m 4.21% Added +99.6k +99,638
41 CAPTRUST FINANCIAL ADVISORS 0.94% of their portfolio RALEIGH, NC 4,946,1584.9m $255.2m $255.2m 0.94% Added +366.6k +366,603
42 UNITED SERVICES AUTOMOBILE ASSOCIATION 5.73% of their portfolio SAN ANTONIO, TX 4,516,1534.5m $233.0m $233.0m 5.73% Unchanged
43 Ballentine Partners, LLC 4.40% of their portfolio Waltham, MA 4,491,2934.5m $231.8m $231.8m 4.40% Added +184.0k +183,969
44 Members Trust Co 6.33% of their portfolio TAMPA, FL 4,114,3844.1m $212.3m $212.3m 6.33% Reduced -172.0k -172,001
45 HighTower Advisors, LLC 0.33% of their portfolio CHICAGO, IL 3,951,9484.0m $203.8m $203.8m 0.33% Added +251.8k +251,826
46 Elo Mutual Pension Insurance Co 4.66% of their portfolio ESPOO, H9 3,851,2003.9m $198.7m $198.7m 4.66% Unchanged
47 Corient Private Wealth LP 0.35% of their portfolio MIAMI, FL 3,830,2893.8m $197.6m $197.6m 0.35% Reduced -57.1k -57,060
48 FRANKLIN RESOURCES INC 0.06% of their portfolio San Mateo, CA 3,717,7083.7m $191.8m $191.8m 0.06% Added +1.2m +1,215,513
49 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio SAN FRANCISCO, CA 3,709,5933.7m $191.4m $191.4m 0.04% Reduced -994.3k -994,339
50 Haverford Trust Co 1.88% of their portfolio Radnor, PA 3,478,2173.5m $179.5m $179.5m 1.88% Added +92.9k +92,909
51 STIFEL FINANCIAL CORP 0.19% of their portfolio ST. LOUIS, MO 3,277,0473.3m $169.1m $169.1m 0.19% Reduced -916.4k -916,383
52 Cerity Partners LLC 0.44% of their portfolio NEW YORK, NY 3,243,7083.2m $167.2m $167.2m 0.44% Added +52.5k +52,489
53 Matson Money. Inc. 5.32% of their portfolio MASON, OH 3,107,8823.1m $160.4m $160.4m 5.32% Added +58.9k +58,928
54 CORNERSTONE PARTNERS CAPITAL MANAGEMENT, LLC 10.43% of their portfolio CHARLOTTESVILLE, VA 3,012,1733.0m $155.4m $155.4m 10.43% Added +298.9k +298,898
55 Nuveen Asset Management, LLC 0.04% of their portfolio CHICAGO, IL 2,888,5462.9m $149.0m $149.0m 0.04% Reduced -93.0k -93,025
56 Blue Trust, Inc. 2.09% of their portfolio BRENTWOOD, TN 2,879,0742.9m $148.6m $148.6m 2.09% Reduced -305.7k -305,736
57 Cetera Investment Advisers 0.32% of their portfolio SCHAUMBURG, IL 2,654,8132.7m $137.0m $137.0m 0.32% Added +1.1m +1,087,683
58 Valeo Financial Advisors, LLC 4.75% of their portfolio CARMEL, IN 2,640,6222.6m $132.7m $132.7m 4.75% Added +2.5m +2,529,948
59 Stairway Partners, LLC 10.85% of their portfolio MINNEAPOLIS, MN 2,601,9242.6m $134.3m $134.3m 10.85% Added +862.3k +862,304
60 Alesco Advisors, LLC, An ESL Co 4.41% of their portfolio Pittsford, NY 2,601,6632.6m $134.2m $134.2m 4.41% Added +14.7k +14,670
61 KEYBANK NATIONAL ASSOCIATION/OH 0.55% of their portfolio BROOKLYN, OH 2,596,8032.6m $134.0m $134.0m 0.55% Added +30.6k +30,625
62 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 2,405,1532.4m $124.4m $124.4m 0.03% Reduced -657.4k -657,397
63 OSAIC HOLDINGS, INC. 0.27% of their portfolio SCOTTSDALE, AZ 2,344,1172.3m $121.0m $121.0m 0.27% Reduced -2.8m -2,796,991
64 UNITED CAPITAL FINANCIAL ADVISORS, LLC 1.00% of their portfolio IRVING, TX 2,338,1522.3m $120.6m $120.6m 1.00% Reduced -460.3k -460,298
65 Raymond James Financial Services Advisors, Inc. 0.18% of their portfolio ST. PETERSBURG, FL 2,298,8912.3m $118.6m $118.6m 0.18% Reduced -261.7k -261,655
66 FIRST CITIZENS BANK & TRUST CO 2.19% of their portfolio RALEIGH, NC 2,217,4522.2m $114.4m $114.4m 2.19% Added +331.9k +331,924
67 Elm Partners Management LLC 9.03% of their portfolio Philadelphia, PA 2,212,0472.2m $114.1m $114.1m 9.03% Added +505.6k +505,631
68 HALBERT HARGROVE GLOBAL ADVISORS, LLC 7.39% of their portfolio LONG BEACH, CA 2,159,7802.2m $111.4m $111.4m 7.39% Added +92.9k +92,872
69 DEUTSCHE BANK AG\ 0.05% of their portfolio FRANKFURT AM MAIN, 2M 2,121,4892.1m $109.5m $109.5m 0.05% Reduced -346.4k -346,394
70 CI INVESTMENTS INC. 0.43% of their portfolio TORONTO, Z4 2,108,5342.1m $108.8m $108.8m 0.43% Added +225.2k +225,237
71 GRIMES & Co WEALTH MANAGEMENT, LLC 3.32% of their portfolio WESTBOROUGH, MA 2,091,0562.1m $107.9m $107.9m 3.32% Reduced -148.4k -148,448
72 Hirtle & Co., LLC 4.56% of their portfolio WEST CONSHOHOCKEN, PA 2,074,3822.1m $107.0m $107.0m 4.56% Added +32.6k +32,594
73 LINCOLN NATIONAL CORP 1.65% of their portfolio RADNOR, PA 2,044,0772.0m $105.5m $105.5m 1.65% Added +31.6k +31,565
74 Baird Financial Group, Inc. 0.22% of their portfolio MILWAUKEE, WI 1,993,0562.0m $102.8m $102.8m 0.22% Reduced -147.2k -147,159
75 1832 Asset Management L.P. 0.19% of their portfolio TORONTO, A6 1,970,3582.0m $101.7m $101.7m 0.19% Reduced -79.6k -79,551
76 Mirae Asset Global Investments Co., Ltd. 0.22% of their portfolio SEOUL, M5 1,968,2002.0m $101.6m $101.6m 0.22% Reduced -622.4k -622,360
77 FACTORY MUTUAL INSURANCE CO 1.16% of their portfolio WALTHAM, MA 1,950,0001.9m $100.6m $100.6m 1.16% New
78 COMMONWEALTH EQUITY SERVICES, LLC 0.16% of their portfolio WALTHAM, MA 1,924,1311.9m $99.3m $99.3m 0.16% Reduced -156.4k -156,424
79 Federation des caisses Desjardins du Quebec 0.72% of their portfolio LEVIS, A8 1,922,3891.9m $99.2m $99.2m 0.72% Added +73.9k +73,878
80 MML INVESTORS SERVICES, LLC 0.40% of their portfolio SPRINGFIELD, MA 1,879,6121.9m $97.0m $97.0m 0.40% Reduced -657.8k -657,750
81 University of Pittsburgh - Of the Commonwealth System of Higher Education 99.73% of their portfolio PITTSBURGH, PA 1,840,7811.8m $95.0m $95.0m 99.73% Unchanged
82 Mill Creek Capital Advisors, LLC 2.45% of their portfolio Conshohocken, PA 1,752,7561.8m $90.4m $90.4m 2.45% Added +179.1k +179,134
83 Financiere des Professionnels - Fonds d'investissement inc. 7.24% of their portfolio MONTREAL, A8 1,740,4481.7m $89.8m $89.8m 7.24% Added +276.0k +276,000
84 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 2.62% of their portfolio Seattle, WA 1,636,5111.6m $84.4m $84.4m 2.62% Added +72.5k +72,455
85 Wealthspire Advisors, LLC 1.10% of their portfolio NEW YORK, NY 1,597,8891.6m $82.5m $82.5m 1.10% Reduced -21.0k -21,015
86 TRUIST FINANCIAL CORP 0.12% of their portfolio CHARLOTTE, NC 1,581,7251.6m $81.6m $81.6m 0.12% Reduced -202.6k -202,587
87 PARTNERS CAPITAL INVESTMENT GROUP, LLP 2.18% of their portfolio BOSTON, MA 1,564,1551.6m $80.7m $80.7m 2.18% Reduced -821.5k -821,503
88 NEPC LLC 2.72% of their portfolio Boston, MA 1,532,4791.5m $79.1m $79.1m 2.72% Added +1.5m +1,455,389
89 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.07% of their portfolio Toronto, A6 1,521,0911.5m $78.5m $78.5m 0.07% Added +178.2k +178,199
90 PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio DES MOINES, IA 1,506,6321.5m $77.7m $77.7m 0.05% Added +1.5m +1,500,532
91 Wharton Business Group, LLC 3.70% of their portfolio MALVERN, PA 1,490,3841.5m $76.9m $76.9m 3.70% Added +9.4k +9,380
92 MAI Capital Management 0.79% of their portfolio INDEPENDENCE, OH 1,475,9271.5m $76.2m $76.2m 0.79% Added +320.4k +320,424
93 STATE OF WISCONSIN INVESTMENT BOARD 0.20% of their portfolio MADISON, WI 1,472,9001.5m $76.0m $76.0m 0.20% Added +2.0k +2,000
94 FIFTH THIRD BANCORP 0.30% of their portfolio CINCINNATI, OH 1,463,0731.5m $75.5m $75.5m 0.30% Reduced -110.8k -110,810
95 AVANTAX ADVISORY SERVICES, INC. 0.67% of their portfolio DALLAS, TX 1,459,2801.5m $75.3m $75.3m 0.67% Reduced -4.2k -4,208
96 Passaic Partners LLC 10.35% of their portfolio NEWARK, NJ 1,391,4291.4m $71.8m $71.8m 10.35% Reduced -104.4k -104,384
97 Alaska Permanent Capital Management, LLC 5.55% of their portfolio ANCHORAGE, AK 1,379,9271.4m $71.3m $71.3m 5.55% Added +52.8k +52,801
98 CITIZENS FINANCIAL GROUP INC/RI 2.33% of their portfolio PROVIDENCE, RI 1,351,9411.4m $69.8m $69.8m 2.33% Reduced -21.0k -20,971
99 Modera Wealth Management, LLC 1.05% of their portfolio WESTWOOD, NJ 1,338,6681.3m $69.1m $69.1m 1.05% Reduced -16.0k -16,006
100 Pathstone Holdings, LLC 0.32% of their portfolio ENGLEWOOD, NJ 1,323,2071.3m $68.3m $68.3m 0.32% Added +18.2k +18,202