Vault-13

ISHARES INC EMXC

MSCI EMRG CHN · ETP · CUSIP 46434G764

873 institutional holders -45 vs Q4 2024
224,571,984224.6m shares reported held*
$12.4bnreported value*
63 new 281 added 411 reduced 100 sold out net sold ≈ $1.1bn (-19.3m 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 ($24.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $55.10. Options: 2 managers hold calls ($677.6k notional), 2 hold puts ($429.7k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 277Q4 22: 316Q1 23: 349Q2 23: 394Q3 23: 453Q4 23: 659Q1 24: 761Q2 24: 824Q3 24: 861Q4 24: 918Q1 25: 873873Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022277
Q4 2022316
Q1 2023349
Q2 2023394
Q3 2023453
Q4 2023659
Q1 2024761
Q2 2024824
Q3 2024861
Q4 2024918
Q1 2025873

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 23: 240 bought or addedQ2 23: 109 cut or sold outQ3 23: 287 bought or addedQ3 23: 116 cut or sold outQ3 23Q4 23: 458 bought or addedQ4 23: 142 cut or sold outQ1 24: 570 bought or addedQ1 24: 139 cut or sold outQ1 24Q2 24: 574 bought or addedQ2 24: 199 cut or sold outQ3 24: 582 bought or addedQ3 24: 220 cut or sold outQ3 24Q4 24: 535 bought or addedQ4 24: 275 cut or sold outQ1 25: 344 bought or addedQ1 25: 511 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023240109
Q3 2023287116
Q4 2023458142
Q1 2024570139
Q2 2024574199
Q3 2024582220
Q4 2024535275
Q1 2025344511

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ2 24 calls: $574.2kQ2 24 puts: $313.8kQ2 24P/C 0.55Q3 24 calls: $440.0kQ3 24 puts: $30.6kQ3 24P/C 0.07Q4 24 calls: $687.6kQ4 24 puts: $1.3mQ4 24P/C 1.88Q1 25 calls: $677.6kQ1 25 puts: $429.7kQ1 25P/C 0.63
Numbers
QuarterCallsPutsP/C
Q2 2024$574.2k$313.8k0.55
Q3 2024$440.0k$30.6k0.07
Q4 2024$687.6k$1.3m1.88
Q1 2025$677.6k$429.7k0.63

Biggest buyers

VICTORY CAPITAL MANAGEMENT INC New +5,316,622+5.3m
UNITED SERVICES AUTOMOBILE ASSOCIATION New +5,316,622+5.3m
BlackRock, Inc. Added +5,071,144+5.1m
FLOW TRADERS U.S. LLC New +471,214+471.2k
PARTNERS CAPITAL INVESTMENT GROUP, LLP Added +433,786+433.8k
GOLDMAN SACHS GROUP INC Added +429,618+429.6k
EASTERN BANK Added +423,184+423.2k
SOFI WEALTH, LLC Added +405,783+405.8k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +361,440+361.4k
Merit Financial Group, LLC Added +351,217+351.2k

Biggest sellers

JPMORGAN CHASE & CO Reduced -7,732,756-7.7m
ENVESTNET ASSET MANAGEMENT INC Reduced -5,674,008-5.7m
Temasek Holdings (Private) Ltd Sold out -2,600,600-2.6m
BANK OF AMERICA CORP /DE/ Reduced -2,441,365-2.4m
Richard Bernstein Advisors LLC Reduced -1,904,148-1.9m
LPL Financial LLC Reduced -1,739,817-1.7m
Envestnet Portfolio Solutions, Inc. Reduced -1,639,510-1.6m
Dynasty Wealth Management, LLC Reduced -1,424,842-1.4m
SAGESPRING WEALTH PARTNERS, LLC Reduced -1,336,157-1.3m
MORGAN STANLEY Reduced -1,049,286-1.0m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $534.4k9.7k shares
CITADEL ADVISORS LLC Added $143.2k2.6k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $391.1k7.1k shares
CITADEL ADVISORS LLC Reduced $38.6k700 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 ENVESTNET ASSET MANAGEMENT INC 0.41% of their portfolio Berwyn, PA 23,065,42723.1m $1.3bn $1.3bn 0.41% Reduced -5.7m -5,674,008
2 BANK OF AMERICA CORP /DE/ 0.08% of their portfolio CHARLOTTE, NC 16,739,21216.7m $922.2m $922.2m 0.08% Reduced -2.4m -2,441,365
3 Bank of New York Mellon Corp 0.12% of their portfolio NEW YORK, NY 10,566,78210.6m $582.1m $582.1m 0.12% Added +165.1k +165,149
4 BlackRock, Inc. 0.01% of their portfolio New York, NY 8,861,5488.9m $488.2m $488.2m 0.01% Added +5.1m +5,071,144
5 LPL Financial LLC 0.18% of their portfolio FORT MILL, SC 8,622,5928.6m $475.0m $475.0m 0.18% Reduced -1.7m -1,739,817
6 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 6,797,2056.8m $374.5m $374.5m 0.03% Reduced -7.7m -7,732,756
7 AMERIPRISE FINANCIAL INC 0.10% of their portfolio MINNEAPOLIS, MN 6,693,2756.7m $368.7m $368.7m 0.10% Reduced -568.2k -568,206
8 NORTHERN TRUST CORP 0.05% of their portfolio CHICAGO, IL 6,302,8686.3m $347.2m $347.2m 0.05% Reduced -543.2k -543,239
9 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 6,172,7886.2m $340.1m $340.1m 0.02% Reduced -1.0m -1,049,286
10 UNITED SERVICES AUTOMOBILE ASSOCIATION 9.03% of their portfolio SAN ANTONIO, TX 5,316,6225.3m $293.4m $293.4m 9.03% New
11 VICTORY CAPITAL MANAGEMENT INC 0.30% of their portfolio San Antonio, TX 5,316,6225.3m $292.9m $292.9m 0.30% New
12 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.24% of their portfolio MILWAUKEE, WI 5,229,2215.2m $288.1m $288.1m 0.24% Added +361.4k +361,440
13 Richard Bernstein Advisors LLC 6.93% of their portfolio NEW YORK, NY 5,198,4865.2m $286.4m $286.4m 6.93% Reduced -1.9m -1,904,148
14 PARTNERS CAPITAL INVESTMENT GROUP, LLP 3.73% of their portfolio BOSTON, MA 4,000,4384.0m $220.4m $220.4m 3.73% Added +433.8k +433,786
15 Cullen/Frost Bankers, Inc. 1.90% of their portfolio San Antonio, TX 2,457,1402.5m $135.4m $135.4m 1.90% Added +189.3k +189,306
16 CWM, LLC 0.54% of their portfolio OMAHA, NE 2,454,7942.5m $135.2m $135.2m 0.54% Reduced -348.9k -348,929
17 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 2,351,2462.4m $129.5m $129.5m 0.03% Added +55.3k +55,275
18 US BANCORP \DE\ 0.17% of their portfolio MINNEAPOLIS, MN 2,294,1362.3m $126.4m $126.4m 0.17% Reduced -106.4k -106,371
19 UBS Group AG 0.03% of their portfolio ZURICH, V8 2,284,8302.3m $125.9m $125.9m 0.03% Added +74.0k +74,033
20 Envestnet Portfolio Solutions, Inc. 0.48% of their portfolio BERWYN, PA 2,260,4172.3m $124.5m $124.5m 0.48% Reduced -1.6m -1,639,510
21 PARK AVENUE SECURITIES LLC 1.45% of their portfolio NEW YORK, NY 2,147,3052.1m $118.3m $118.3m 1.45% Reduced -567.4k -567,391
22 MML INVESTORS SERVICES, LLC 0.34% of their portfolio SPRINGFIELD, MA 1,839,4141.8m $101.3m $101.3m 0.34% Reduced -397.8k -397,805
23 Valmark Advisers, Inc. 1.45% of their portfolio AKRON, OH 1,738,6661.7m $95.8m $95.8m 1.45% Added +45.0k +44,988
24 Cetera Investment Advisers 0.18% of their portfolio SCHAUMBURG, IL 1,672,0271.7m $92.1m $92.1m 0.18% Reduced -117.0k -116,980
25 STIFEL FINANCIAL CORP 0.10% of their portfolio ST. LOUIS, MO 1,665,3521.7m $91.7m $91.7m 0.10% Reduced -52.2k -52,231
26 Janney Montgomery Scott LLC 0.25% of their portfolio PHILADELPHIA, PA 1,580,2411.6m $87.1m $87.1m 0.25% Reduced -192.6k -192,601
27 CENTRAL TRUST Co 2.12% of their portfolio JEFFERSON CITY, MO 1,562,2451.6m $86.1m $86.1m 2.12% Reduced -84.6k -84,552
28 Composition Wealth, LLC 1.63% of their portfolio LOS ANGELES, CA 1,480,9961.5m $81.6m $81.6m 1.63% Added +74.2k +74,195
29 Russell Investments Group, Ltd. 0.11% of their portfolio Seattle, WA 1,424,6091.4m $78.5m $78.5m 0.11% Added +84.0k +84,033
30 Johns Hopkins University 2.96% of their portfolio BALTIMORE, MD 1,423,7441.4m $78.4m $78.4m 2.96% Unchanged
31 HighTower Advisors, LLC 0.09% of their portfolio CHICAGO, IL 1,212,1611.2m $66.8m $66.8m 0.09% Added +2.1k +2,088
32 COMMONWEALTH EQUITY SERVICES, LLC 0.09% of their portfolio WALTHAM, MA 1,173,2081.2m $64.6m $64.6m 0.09% Reduced -117.3k -117,338
33 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 1,156,3631.2m $63.7m $63.7m 0.02% Reduced -32.9k -32,933
34 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,107,7501.1m $61.0m $61.0m 0.01% Added +245.9k +245,900
35 Advocacy Wealth Management, LLC 4.11% of their portfolio ATLANTA, GA 1,094,4091.1m $60.3m $60.3m 4.11% Added +26.4k +26,427
36 EASTERN BANK 1.15% of their portfolio BOSTON, MA 1,064,9021.1m $58.7m $58.7m 1.15% Added +423.2k +423,184
37 Sanctuary Advisors, LLC 0.39% of their portfolio INDIANAPOLIS, IN 1,011,4191.0m $55.7m $55.7m 0.39% Reduced -287.8k -287,801
38 TIAA TRUST, NATIONAL ASSOCIATION 0.17% of their portfolio CHARLOTTE, NC 965,182965.2k $53.2m $53.2m 0.17% Reduced -535.7k -535,749
39 Avidian Wealth Enterprises, LLC 2.31% of their portfolio Houston, TX 942,273942.3k $51.9m $51.9m 2.31% Reduced -112.7k -112,695
40 OneDigital Investment Advisors LLC 0.58% of their portfolio OVERLAND PARK, KS 892,646892.6k $49.2m $49.2m 0.58% Reduced -387.7k -387,682
41 Creative Planning 0.05% of their portfolio OVERLAND PARK, KS 876,973877.0k $48.3m $48.3m 0.05% Added +161.2k +161,164
42 Mariner, LLC 0.08% of their portfolio Overland Park, KS 839,209839.2k $46.2m $46.2m 0.08% Reduced -68.8k -68,816
43 OLD MISSION CAPITAL LLC 0.85% of their portfolio CHICAGO, IL 800,394800.4k $44.1m $44.1m 0.85% Reduced -927.0k -927,012
44 Thrivent Financial for Lutherans 0.10% of their portfolio Minneapolis, MN 776,240776.2k $44.8m $44.8m 0.10% Reduced -817.0k -817,009
45 RiverFront Investment Group, LLC 0.95% of their portfolio RICHMOND, VA 772,553772.6k $42.6m $42.6m 0.95% Added +71.8k +71,763
46 NewEdge Advisors, LLC 0.25% of their portfolio NEW ORLEANS, LA 763,340763.3k $42.1m $42.1m 0.25% Reduced -166.9k -166,949
47 UNITED BANK 5.27% of their portfolio VIENNA, VA 752,241752.2k $41.4m $41.4m 5.27% Added +48.0k +48,036
48 STATE OF WISCONSIN INVESTMENT BOARD 0.11% of their portfolio MADISON, WI 737,942737.9k $40.7m $40.7m 0.11% Unchanged
49 OSAIC HOLDINGS, INC. 0.09% of their portfolio SCOTTSDALE, AZ 728,027728.0k $40.1m $40.1m 0.09% Added +5.9k +5,889
50 1ST SOURCE BANK 2.36% of their portfolio SOUTH BEND, IN 726,756726.8k $40.0m $40.0m 2.36% Added +3.1k +3,132
51 Foundations Investment Advisors, LLC 0.72% of their portfolio PHOENIX, AZ 705,636705.6k $38.9m $38.9m 0.72% Added +3.8k +3,789
52 HANCOCK WHITNEY CORP 1.25% of their portfolio GULFPORT, MS 696,189696.2k $38.4m $38.4m 1.25% Added +236.7k +236,689
53 JB Capital LLC 2.11% of their portfolio WETHERSFIELD, CT 694,121694.1k $38.2m $38.2m 2.11% Reduced -172.5k -172,467
54 MERCER GLOBAL ADVISORS INC /ADV 0.09% of their portfolio DENVER, CO 693,485693.5k $38.2m $38.2m 0.09% Added +316.7k +316,734
55 EVOKE WEALTH, LLC 0.98% of their portfolio Los Angeles, CA 683,358683.4k $37.6m $37.6m 0.98% Reduced -6.1k -6,061
56 Hughes Financial Services, LLC 7.32% of their portfolio HERNDON, VA 676,018676.0k $37.4m $37.4m 7.32% Added +21.0k +21,036
57 Integrated Wealth Concepts LLC 0.41% of their portfolio WALTHAM, MA 645,313645.3k $35.6m $35.6m 0.41% Added +186.1k +186,057
58 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 644,246644.2k $35.5m $35.5m 0.01% Added +429.6k +429,618
59 JANE STREET GROUP, LLC 0.06% of their portfolio NEW YORK, NY 617,347617.3k $34.0m $34.0m 0.06% Added +349.9k +349,903
60 Aprio Wealth Management, LLC 4.19% of their portfolio ATLANTA, GA 607,040607.0k $33.4m $33.4m 4.19% Added +35.8k +35,762
61 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.28% of their portfolio IRVING, TX 587,448587.4k $32.4m $32.4m 0.28% Reduced -96.7k -96,749
62 PNC Financial Services Group, Inc. 0.02% of their portfolio Pittsburgh, PA 585,098585.1k $32.2m $32.2m 0.02% Added +624 +624
63 Merit Financial Group, LLC 0.47% of their portfolio ALPHARETTA, GA 563,746563.7k $31.1m $31.1m 0.47% Added +351.2k +351,217
64 Focus Partners Wealth 0.08% of their portfolio ST LOUIS, MO 544,184544.2k $30.0m $30.0m 0.08% Reduced -908.1k -908,111
65 Baird Financial Group, Inc. 0.06% of their portfolio MILWAUKEE, WI 537,984538.0k $29.6m $29.6m 0.06% Added +11.1k +11,105
66 Federation des caisses Desjardins du Quebec 0.14% of their portfolio LEVIS, A8 522,698522.7k $28.8m $28.8m 0.14% Reduced -51.0k -50,964
67 OPPENHEIMER ASSET MANAGEMENT INC. 0.34% of their portfolio NEW YORK, NY 500,815500.8k $27.6m $27.6m 0.34% Reduced -3.7k -3,674
68 FLOW TRADERS U.S. LLC 1.09% of their portfolio NEW YORK, NY 471,214471.2k $26.0m $26.0m 1.09% New
69 ANDERSON HOAGLAND & CO 2.78% of their portfolio ST LOUIS, MO 468,456468.5k $23.5m $23.5m 2.78% Added +14.1k +14,141
70 Orion Portfolio Solutions, LLC 0.13% of their portfolio Omaha, NE 465,023465.0k $25.7m $25.7m 0.13% Added +226.9k +226,930
71 SENTINEL TRUST CO LBA 2.96% of their portfolio HOUSTON, TX 456,200456.2k $25.1m $25.1m 2.96% Reduced -5.4k -5,400
72 CKW FINANCIAL GROUP 3.12% of their portfolio HONOLULU, HI 450,089450.1k $24.9m $24.9m 3.12% Added +22.8k +22,830
73 McKinley Carter Wealth Services, Inc. 1.51% of their portfolio WHEELING, WV 446,423446.4k $24.6m $24.6m 1.51% Reduced -435.7k -435,717
74 Crestwood Advisors Group, LLC 0.46% of their portfolio BOSTON, MA 440,314440.3k $24.3m $24.3m 0.46% Reduced -98.0k -98,039
75 CAPTRUST FINANCIAL ADVISORS 0.06% of their portfolio RALEIGH, NC 439,440439.4k $24.2m $24.2m 0.06% Added +11.0k +10,976
76 TRUE Private Wealth Advisors 2.86% of their portfolio Salem, OR 427,133427.1k $23.5m $23.5m 2.86% Added +277.0k +277,049
77 SOFI WEALTH, LLC 1.77% of their portfolio SAN FRANCISCO, CA 426,861426.9k $23.5m $23.5m 1.77% Added +405.8k +405,783
78 Compound Planning, Inc. 1.04% of their portfolio NEW YORK, NY 412,929412.9k $22.7m $22.7m 1.04% Added +69.3k +69,312
79 FORM Wealth Advisors, LLC 3.03% of their portfolio Lake Geneva, WI 404,292404.3k $22.3m $22.3m 3.03% First filing
80 Permanens Capital L.P. 3.98% of their portfolio NEW YORK, NY 397,633397.6k $21.9m $21.9m 3.98% Added +94.4k +94,352
81 Artemis Wealth Advisors, LLC 4.50% of their portfolio Port Washington, NY 389,775389.8k $21.5m $21.5m 4.50% Added +31.4k +31,426
82 Curi Capital, LLC 0.53% of their portfolio CHICAGO, IL 387,038387.0k $21.3m $21.3m 0.53% Reduced -18.4k -18,373
83 World Investment Advisors 0.54% of their portfolio LINCROFT, NJ 374,473374.5k $20.6m $20.6m 0.54% Added +327.5k +327,478
84 PROFESSIONAL ADVISORY SERVICES INC 2.78% of their portfolio VERO BEACH, FL 360,549360.5k $19.9m $19.9m 2.78% Reduced -2.3k -2,332
85 SOROS FUND MANAGEMENT LLC 0.35% of their portfolio NEW YORK, NY 354,686354.7k $19.5m $19.5m 0.35% Unchanged
86 Austin Private Wealth, LLC 1.69% of their portfolio Austin, TX 341,242341.2k $18.8m $18.8m 1.69% Reduced -53.6k -53,596
87 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 338,062338.1k $18.6m $18.6m 0.06% Reduced -599 -599
88 Legacy Edge Advisors, LLC 2.81% of their portfolio SYOSSET, NY 326,713326.7k $18.0m $18.0m 2.81% Added +14.2k +14,205
89 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.21% of their portfolio New York, NY 325,778325.8k $17.9m $17.9m 0.21% Added +114.7k +114,725
90 Prime Buchholz LLC 6.14% of their portfolio PORTSMOUTH, NH 319,235319.2k $17.6m $17.6m 6.14% New
91 Legacy Financial Group LLC 2.68% of their portfolio DES MOINES, IA 315,837315.8k $17.4m $17.4m 2.68% Added +15.1k +15,129
92 AE Wealth Management LLC 0.14% of their portfolio TOPEKA, KS 312,684312.7k $17.2m $17.2m 0.14% Reduced -201.4k -201,401
93 Tradition Wealth Management, LLC 1.51% of their portfolio EDINA, MN 310,956311.0k $17.1m $17.1m 1.51% Added +8.5k +8,542
94 STRATEGIC INVESTMENT MANAGEMENT, LLC 6.84% of their portfolio ARLINGTON, VA 309,190309.2k $17.0m $17.0m 6.84% Reduced -16.7k -16,720
95 Corient Private Wealth LP 0.03% of their portfolio MIAMI, FL 307,944307.9k $17.0m $17.0m 0.03% Added +97.5k +97,505
96 AGF MANAGEMENT LTD 0.09% of their portfolio TORONTO, A6 306,507306.5k $16.9m $16.9m 0.09% Reduced -7.5k -7,465
97 Stockman Wealth Management, Inc. 2.49% of their portfolio BILLINGS, MT 305,709305.7k $16.8m $16.8m 2.49% New
98 Atria Investments, Inc 0.21% of their portfolio Charlotte, NC 293,887293.9k $16.2m $16.2m 0.21% Reduced -74.7k -74,745
99 Ascent Group, LLC 0.69% of their portfolio VIRGINIA BEACH, VA 292,623292.6k $16.1m $16.1m 0.69% Added +160.6k +160,584
100 Cardinal Strategic Wealth Guidance 5.10% of their portfolio LOUISVILLE, KY 289,800289.8k $16.0m $16.0m 5.10% Added +35.5k +35,487