Vault-13

ISHARES INC IEMG

CORE MSCI EMKT · ETP · CUSIP 46434G103

1,854 institutional holders +12 vs Q4 2024
1,306,217,6581.3bn shares reported held*
$70.5bnreported value*
122 new 841 added 671 reduced 96 sold out net bought ≈ $3.5bn (+65.2m 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 ($92.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $53.94. Options: 3 managers hold calls ($3.8m notional), 1 hold puts ($86.4k).

Trends to Q1 2025

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: 1,657Q2 24: 1,708Q3 24: 1,736Q4 24: 1,842Q1 25: 1,8541,854Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 20221,376
Q4 20221,452
Q1 20231,532
Q2 20231,563
Q3 20231,557
Q4 20231,691
Q1 20241,657
Q2 20241,708
Q3 20241,736
Q4 20241,842
Q1 20251,854

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 23: 799 bought or addedQ2 23: 655 cut or sold outQ3 23: 635 bought or addedQ3 23: 809 cut or sold outQ3 23Q4 23: 762 bought or addedQ4 23: 738 cut or sold outQ1 24: 704 bought or addedQ1 24: 871 cut or sold outQ1 24Q2 24: 905 bought or addedQ2 24: 672 cut or sold outQ3 24: 773 bought or addedQ3 24: 801 cut or sold outQ3 24Q4 24: 937 bought or addedQ4 24: 691 cut or sold outQ1 25: 963 bought or addedQ1 25: 767 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023799655
Q3 2023635809
Q4 2023762738
Q1 2024704871
Q2 2024905672
Q3 2024773801
Q4 2024937691
Q1 2025963767

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ2 24 calls: $7.5mQ2 24 puts: $931.4kQ2 24P/C 0.12Q3 24 calls: $7.7mQ3 24 puts: $1.1mQ3 24P/C 0.14Q4 24 calls: $7.3mQ4 24 puts: $1.2mQ4 24P/C 0.16Q1 25 calls: $3.8mQ1 25 puts: $86.4kQ1 25P/C 0.02
Numbers
QuarterCallsPutsP/C
Q2 2024$7.5m$931.4k0.12
Q3 2024$7.7m$1.1m0.14
Q4 2024$7.3m$1.2m0.16
Q1 2025$3.8m$86.4k0.02

Biggest buyers

ENVESTNET ASSET MANAGEMENT INC Added +11,221,009+11.2m
LPL Financial LLC Added +9,838,872+9.8m
BANK OF AMERICA CORP /DE/ Added +9,470,474+9.5m
OLD MISSION CAPITAL LLC New +7,707,756+7.7m
JPMORGAN CHASE & CO Added +4,054,609+4.1m
MORGAN STANLEY Added +3,688,591+3.7m
Auto-Owners Insurance Co Added +2,978,000+3.0m
BlackRock, Inc. Added +2,930,348+2.9m
NATIONAL BANK OF CANADA /FI/ Added +2,668,137+2.7m
WELLS FARGO & COMPANY/MN Added +2,285,025+2.3m

Biggest sellers

TIAA TRUST, NATIONAL ASSOCIATION Reduced -6,643,707-6.6m
GOLDMAN SACHS GROUP INC Reduced -4,159,960-4.2m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -4,018,492-4.0m
JANE STREET GROUP, LLC Sold out -3,494,151-3.5m
Focus Partners Wealth Reduced -1,771,812-1.8m
WIT, LLC Reduced -1,596,532-1.6m
Federation des caisses Desjardins du Quebec Reduced -1,263,803-1.3m
GRIMES & Co WEALTH MANAGEMENT, LLC Reduced -1,152,592-1.2m
M&T Bank Corp Reduced -1,115,889-1.1m
Elm Partners Management LLC Reduced -959,812-959.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.8m51.8k shares
CITADEL ADVISORS LLC Reduced $1.1m19.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $86.4k1.6k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.83% of their portfolio CHARLOTTE, NC 174,132,389174.1m $9.4bn $9.4bn 0.83% Added +9.5m +9,470,474
2 MORGAN STANLEY 0.36% of their portfolio NEW YORK, NY 93,018,09693.0m $5.0bn $5.0bn 0.36% Added +3.7m +3,688,591
3 Creative Planning 3.68% of their portfolio OVERLAND PARK, KS 72,470,64072.5m $3.9bn $3.9bn 3.68% Added +1.8m +1,807,000
4 WELLS FARGO & COMPANY/MN 0.66% of their portfolio SAN FRANCISCO, CA 50,627,02150.6m $2.7bn $2.7bn 0.66% Added +2.3m +2,285,025
5 Wealthfront Advisers LLC 5.71% of their portfolio Palo Alto, CA 39,369,56139.4m $2.1bn $2.1bn 5.71% Added +415.2k +415,189
6 ENVESTNET ASSET MANAGEMENT INC 0.68% of their portfolio Berwyn, PA 39,355,64039.4m $2.1bn $2.1bn 0.68% Added +11.2m +11,221,009
7 JPMORGAN CHASE & CO 0.15% of their portfolio NEW YORK, NY 36,713,13736.7m $2.0bn $2.0bn 0.15% Added +4.1m +4,054,609
8 TIAA TRUST, NATIONAL ASSOCIATION 6.18% of their portfolio CHARLOTTE, NC 36,708,65436.7m $2.0bn $2.0bn 6.18% Reduced -6.6m -6,643,707
9 GOLDMAN SACHS GROUP INC 0.37% of their portfolio NEW YORK, NY 35,764,13335.8m $1.9bn $1.9bn 0.37% Reduced -4.2m -4,159,960
10 BlackRock, Inc. 0.04% of their portfolio New York, NY 35,518,98835.5m $1.9bn $1.9bn 0.04% Added +2.9m +2,930,348
11 LPL Financial LLC 0.72% of their portfolio FORT MILL, SC 34,433,45534.4m $1.9bn $1.9bn 0.72% Added +9.8m +9,838,872
12 US BANCORP \DE\ 1.95% of their portfolio MINNEAPOLIS, MN 27,075,05927.1m $1.5bn $1.5bn 1.95% Added +1.4m +1,448,441
13 Bridgewater Associates, LP 4.75% of their portfolio Westport, CT 18,957,25819.0m $1.0bn $1.0bn 4.75% Added +1.3m +1,298,049
14 FMR LLC 0.06% of their portfolio BOSTON, MA 18,433,77518.4m $994.9m $994.9m 0.06% Reduced -331.6k -331,649
15 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.81% of their portfolio MILWAUKEE, WI 18,285,59518.3m $986.9m $986.9m 0.81% Added +773.5k +773,487
16 RAYMOND JAMES FINANCIAL INC 0.36% of their portfolio ST. PETERSBURG, FL 17,932,27317.9m $967.8m $967.8m 0.36% Added +347.7k +347,728
17 Invesco Ltd. 0.18% of their portfolio ATLANTA, GA 17,506,50017.5m $944.8m $944.8m 0.18% Reduced -662.5k -662,500
18 WIT, LLC 25.36% of their portfolio DISTRICT OF COLUMBIA, DC 16,491,78416.5m $890.1m $890.1m 25.36% Reduced -1.6m -1,596,532
19 UBS Group AG 0.18% of their portfolio ZURICH, V8 15,238,33815.2m $822.4m $822.4m 0.18% Reduced -627.2k -627,221
20 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.14% of their portfolio SAN FRANCISCO, CA 14,159,71114.2m $764.2m $764.2m 0.14% Reduced -4.0m -4,018,492
21 PNC Financial Services Group, Inc. 0.35% of their portfolio Pittsburgh, PA 12,311,02212.3m $664.4m $664.4m 0.35% Added +415.4k +415,381
22 M&T Bank Corp 1.94% of their portfolio BUFFALO, NY 9,869,2019.9m $532.6m $532.6m 1.94% Reduced -1.1m -1,115,889
23 ASSETMARK, INC 1.34% of their portfolio CONCORD, CA 9,053,7749.1m $488.6m $488.6m 1.34% Added +85.2k +85,189
24 Envestnet Portfolio Solutions, Inc. 1.83% of their portfolio BERWYN, PA 8,877,3898.9m $479.1m $479.1m 1.83% Added +841.3k +841,323
25 SEI INVESTMENTS CO 0.61% of their portfolio OAKS, PA 8,840,8228.8m $477.1m $477.1m 0.61% Added +287.7k +287,737
26 OLD MISSION CAPITAL LLC 8.03% of their portfolio CHICAGO, IL 7,707,7567.7m $416.0m $416.0m 8.03% New
27 Bank of New York Mellon Corp 0.08% of their portfolio NEW YORK, NY 7,628,9747.6m $411.7m $411.7m 0.08% Added +1.0m +1,044,682
28 CITIGROUP INC 0.31% of their portfolio NEW YORK, NY 7,615,2797.6m $411.0m $411.0m 0.31% Added +112.2k +112,248
29 Retirement Systems of Alabama 1.59% of their portfolio MONTGOMERY, AL 7,584,4317.6m $409.3m $409.3m 1.59% Unchanged
30 CAPTRUST FINANCIAL ADVISORS 1.02% of their portfolio RALEIGH, NC 7,553,3707.6m $407.7m $407.7m 1.02% Added +637.9k +637,876
31 Betterment LLC 0.96% of their portfolio NEW YORK, NY 7,467,2407.5m $403.0m $403.0m 0.96% Reduced -539.6k -539,617
32 ALLIANCEBERNSTEIN L.P. 0.14% of their portfolio NASHVILLE, TN 7,256,2787.3m $391.6m $391.6m 0.14% Reduced -896.1k -896,060
33 Jordan Park Group LLC 26.59% of their portfolio SAN FRANCISCO, CA 6,776,9046.8m $365.7m $365.7m 26.59% Added +102.4k +102,380
34 Asset Management One Co., Ltd. 1.23% of their portfolio TOKYO, M0 6,611,3766.6m $356.8m $356.8m 1.23% Added +23.9k +23,928
35 Mariner, LLC 0.58% of their portfolio Overland Park, KS 6,486,0506.5m $350.1m $350.1m 0.58% Added +311.0k +311,001
36 MONETA GROUP INVESTMENT ADVISORS LLC 4.27% of their portfolio ST LOUIS, MO 5,742,8275.7m $309.9m $309.9m 4.27% Added +29.8k +29,820
37 BANK OF MONTREAL /CAN/ 0.16% of their portfolio TORONTO, A6 5,721,4155.7m $308.8m $308.8m 0.16% Added +354.4k +354,370
38 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 5,630,9215.6m $303.9m $303.9m 0.01% Reduced -137.4k -137,387
39 ROYAL BANK OF CANADA 0.06% of their portfolio TORONTO, A6 5,253,8775.3m $283.6m $283.6m 0.06% Added +278.9k +278,944
40 Municipal Employees' Retirement System of Michigan 3.26% of their portfolio LANSING, MI 4,773,1114.8m $257.6m $257.6m 3.26% Unchanged
41 PARTNERS CAPITAL INVESTMENT GROUP, LLP 3.96% of their portfolio BOSTON, MA 4,339,8394.3m $234.2m $234.2m 3.96% Added +2.1m +2,144,711
42 TRUIST FINANCIAL CORP 0.37% of their portfolio CHARLOTTE, NC 4,305,8124.3m $232.4m $232.4m 0.37% Added +677.8k +677,832
43 Ballentine Partners, LLC 3.90% of their portfolio Waltham, MA 4,165,3054.2m $224.8m $224.8m 3.90% Reduced -5.0k -5,002
44 Cerity Partners LLC 0.45% of their portfolio NEW YORK, NY 4,085,1824.1m $220.5m $220.5m 0.45% Added +165.4k +165,446
45 Corient Private Wealth LP 0.35% of their portfolio MIAMI, FL 4,006,5064.0m $216.2m $216.2m 0.35% Added +1.9m +1,897,486
46 Cetera Investment Advisers 0.41% of their portfolio SCHAUMBURG, IL 3,955,5834.0m $213.5m $213.5m 0.41% Added +739.0k +738,981
47 Dynasty Wealth Management, LLC 3.51% of their portfolio ST. PETERSBURG, FL 3,902,9773.9m $210.6m $210.6m 3.51% Added +1.3m +1,304,794
48 STIFEL FINANCIAL CORP 0.22% of their portfolio ST. LOUIS, MO 3,837,2553.8m $207.1m $207.1m 0.22% Added +254.5k +254,474
49 Stairway Partners, LLC 11.61% of their portfolio MINNEAPOLIS, MN 3,488,6243.5m $188.3m $188.3m 11.61% Added +53.8k +53,840
50 FRANKLIN RESOURCES INC 0.05% of their portfolio San Mateo, CA 3,428,3773.4m $185.0m $185.0m 0.05% Reduced -575.3k -575,318
51 Auto-Owners Insurance Co 4.53% of their portfolio LANSING, MI 3,338,0003.3m $171.1m $171.1m 4.53% Added +3.0m +2,978,000
52 HighTower Advisors, LLC 0.23% of their portfolio CHICAGO, IL 3,192,3553.2m $172.3m $172.3m 0.23% Reduced -322.0k -322,045
53 MML INVESTORS SERVICES, LLC 0.57% of their portfolio SPRINGFIELD, MA 3,182,4093.2m $171.8m $171.8m 0.57% Added +943.1k +943,092
54 Matson Money. Inc. 6.12% of their portfolio MASON, OH 3,117,4963.1m $168.3m $168.3m 6.12% Added +41.9k +41,864
55 Nuveen, LLC 0.05% of their portfolio CHARLOTTE, NC 3,107,9343.1m $167.7m $167.7m 0.05% First filing
56 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 3,105,1573.1m $167.6m $167.6m 0.02% Added +2.2m +2,212,141
57 Haverford Trust Co 1.62% of their portfolio Radnor, PA 2,974,5123.0m $160.5m $160.5m 1.62% Reduced -179.3k -179,350
58 NATIONAL BANK OF CANADA /FI/ 0.19% of their portfolio MONTREAL, A8 2,935,0792.9m $158.4m $158.4m 0.19% Added +2.7m +2,668,137
59 Valeo Financial Advisors, LLC 4.29% of their portfolio CARMEL, IN 2,847,6822.8m $153.7m $153.7m 4.29% Added +129.9k +129,948
60 UNITED CAPITAL FINANCIAL ADVISORS, LLC 1.29% of their portfolio IRVING, TX 2,794,7592.8m $150.8m $150.8m 1.29% Added +407.5k +407,538
61 KEYBANK NATIONAL ASSOCIATION/OH 0.58% of their portfolio BROOKLYN, OH 2,661,8932.7m $143.7m $143.7m 0.58% Added +96.8k +96,819
62 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 2,630,9472.6m $142.2m $142.2m 0.04% Added +336.1k +336,082
63 Alesco Advisors, LLC, An ESL Co 4.33% of their portfolio Pittsford, NY 2,553,8932.6m $137.8m $137.8m 4.33% Reduced -20.4k -20,362
64 Nationwide Fund Advisors 11.70% of their portfolio COLUMBUS, OH 2,542,6472.5m $137.2m $137.2m 11.70% Reduced -116.9k -116,865
65 Blue Trust, Inc. 1.74% of their portfolio BRENTWOOD, TN 2,516,6662.5m $135.8m $135.8m 1.74% Reduced -28.5k -28,452
66 CWM, LLC 0.54% of their portfolio OMAHA, NE 2,514,3912.5m $135.7m $135.7m 0.54% Added +866.8k +866,820
67 DEUTSCHE BANK AG\ 0.05% of their portfolio FRANKFURT AM MAIN, 2M 2,478,9052.5m $133.8m $133.8m 0.05% Added +356.6k +356,626
68 Members Trust Co 4.62% of their portfolio TAMPA, FL 2,456,3262.5m $132.6m $132.6m 4.62% Reduced -654.1k -654,132
69 Hackensack Meridian Health, Inc. 14.96% of their portfolio EDISON, NJ 2,436,0002.4m $131.5m $131.5m 14.96% Added +2.0m +2,005,000
70 PARK AVENUE SECURITIES LLC 1.53% of their portfolio NEW YORK, NY 2,312,6132.3m $124.8m $124.8m 1.53% Added +1.1m +1,101,038
71 Mill Creek Capital Advisors, LLC 2.97% of their portfolio Conshohocken, PA 2,272,0532.3m $122.6m $122.6m 2.97% Reduced -25.3k -25,271
72 COMMONWEALTH EQUITY SERVICES, LLC 0.17% of their portfolio WALTHAM, MA 2,258,0652.3m $121.9m $121.9m 0.17% Added +290.2k +290,168
73 Federation des caisses Desjardins du Quebec 0.60% of their portfolio LEVIS, A8 2,236,9532.2m $120.7m $120.7m 0.60% Reduced -1.3m -1,263,803
74 HALBERT HARGROVE GLOBAL ADVISORS, LLC 6.87% of their portfolio LONG BEACH, CA 2,236,8242.2m $120.7m $120.7m 6.87% Added +16.9k +16,914
75 Baird Financial Group, Inc. 0.23% of their portfolio MILWAUKEE, WI 2,179,5122.2m $117.6m $117.6m 0.23% Added +75.9k +75,928
76 Mirae Asset Global Investments Co., Ltd. 0.48% of their portfolio SEOUL, M5 2,175,7442.2m $117.7m $117.7m 0.48% Reduced -399.8k -399,779
77 Hirtle & Co., LLC 4.34% of their portfolio WEST CONSHOHOCKEN, PA 2,066,4832.1m $111.5m $111.5m 4.34% Reduced -66.9k -66,914
78 FIFTH THIRD BANCORP 0.42% of their portfolio CINCINNATI, OH 2,046,6292.0m $110.5m $110.5m 0.42% Added +151.6k +151,598
79 AVANTAX ADVISORY SERVICES, INC. 0.67% of their portfolio DALLAS, TX 2,044,4842.0m $110.3m $110.3m 0.67% Reduced -116.4k -116,448
80 OSAIC HOLDINGS, INC. 0.24% of their portfolio SCOTTSDALE, AZ 2,002,3342.0m $108.1m $108.1m 0.24% Reduced -873.9k -873,904
81 Elo Mutual Pension Insurance Co 2.36% of their portfolio ESPOO, H9 1,951,1002.0m $105.3m $105.3m 2.36% Unchanged
82 Quotient Wealth Partners, LLC 3.35% of their portfolio DALLAS, TX 1,944,7781.9m $105.0m $105.0m 3.35% Added +7.6k +7,629
83 LINCOLN NATIONAL CORP 3.33% of their portfolio RADNOR, PA 1,917,5841.9m $103.5m $103.5m 3.33% Reduced -95.4k -95,368
84 University of Pittsburgh - Of the Commonwealth System of Higher Education 100.00% of their portfolio PITTSBURGH, PA 1,878,0671.9m $101.4m $101.4m 100.00% Unchanged
85 Janney Montgomery Scott LLC 0.28% of their portfolio PHILADELPHIA, PA 1,810,4461.8m $97.7m $97.7m 0.28% Added +526.0k +526,027
86 MAI Capital Management 0.74% of their portfolio INDEPENDENCE, OH 1,802,1551.8m $97.3m $97.3m 0.74% Reduced -32.3k -32,337
87 SAGESPRING WEALTH PARTNERS, LLC 2.42% of their portfolio FRANKLIN, TN 1,774,5001.8m $95.8m $95.8m 2.42% Added +1.1m +1,079,768
88 Financiere des Professionnels - Fonds d'investissement inc. 6.17% of their portfolio MONTREAL, A8 1,766,3481.8m $95.3m $95.3m 6.17% Added +85.9k +85,900
89 Kestra Investment Management, LLC 1.62% of their portfolio AUSTIN, TX 1,737,3181.7m $93.8m $93.8m 1.62% Added +968.4k +968,433
90 QUADRANT CAPITAL GROUP LLC 3.43% of their portfolio CINCINNATI, OH 1,711,4911.7m $92.4m $92.4m 3.43% Added +1.2m +1,163,007
91 Focus Partners Wealth 0.23% of their portfolio ST LOUIS, MO 1,699,1821.7m $91.7m $91.7m 0.23% Reduced -1.8m -1,771,812
92 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 2.36% of their portfolio Seattle, WA 1,698,4181.7m $91.7m $91.7m 2.36% Added +48.0k +47,984
93 GRIMES & Co WEALTH MANAGEMENT, LLC 2.79% of their portfolio WESTBOROUGH, MA 1,674,9421.7m $90.4m $90.4m 2.79% Reduced -1.2m -1,152,592
94 Wealthspire Advisors, LLC 0.53% of their portfolio NEW YORK, NY 1,654,2651.7m $89.3m $89.3m 0.53% Added +18.8k +18,790
95 J. Safra Sarasin Holding AG 1.58% of their portfolio BASEL, V8 1,618,1971.6m $87.3m $87.3m 1.58% Reduced -92.4k -92,380
96 NEPC LLC 2.33% of their portfolio Boston, MA 1,559,9131.6m $84.2m $84.2m 2.33% Added +13.5k +13,520
97 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.16% of their portfolio PLYMOUTH, MN 1,516,6761.5m $81.9m $81.9m 0.16% Reduced -25.6k -25,593
98 CITIZENS FINANCIAL GROUP INC/RI 1.61% of their portfolio PROVIDENCE, RI 1,508,5461.5m $81.4m $81.4m 1.61% Reduced -5.1k -5,132
99 Wharton Business Group, LLC 3.55% of their portfolio MALVERN, PA 1,456,6041.5m $78.5m $78.5m 3.55% Reduced -10.1k -10,065
100 Elm Partners Management LLC 4.88% of their portfolio Philadelphia, PA 1,403,2751.4m $75.7m $75.7m 4.88% Reduced -959.8k -959,812