Vault-13

ISHARES INC EWT

MSCI TAIWAN ETF · ETP · CUSIP 46434G772

207 institutional holders +2 vs Q1 2025
57,933,09557.9m shares reported held*
$3.4bnreported value*
36 new 51 added 67 reduced 33 sold out net bought ≈ $287.9m (-63.7k 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 ($287 this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $58.36. Options: 10 managers hold calls ($71.6m notional), 12 hold puts ($60.8m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 212Q4 22: 207Q1 23: 213Q2 23: 218Q3 23: 208Q4 23: 219Q1 24: 204Q2 24: 207Q3 24: 209Q4 24: 207Q1 25: 205Q2 25: 207207Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022212
Q4 2022207
Q1 2023213
Q2 2023218
Q3 2023208
Q4 2023219
Q1 2024204
Q2 2024207
Q3 2024209
Q4 2024207
Q1 2025205
Q2 2025207

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 84 bought or addedQ3 23: 94 cut or sold outQ4 23: 101 bought or addedQ4 23: 88 cut or sold outQ4 23Q1 24: 97 bought or addedQ1 24: 92 cut or sold outQ2 24: 71 bought or addedQ2 24: 91 cut or sold outQ2 24Q3 24: 79 bought or addedQ3 24: 92 cut or sold outQ4 24: 97 bought or addedQ4 24: 78 cut or sold outQ4 24Q1 25: 80 bought or addedQ1 25: 94 cut or sold outQ2 25: 87 bought or addedQ2 25: 100 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20238494
Q4 202310188
Q1 20249792
Q2 20247191
Q3 20247992
Q4 20249778
Q1 20258094
Q2 202587100

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ3 24 calls: $41.5mQ3 24 puts: $78.1mQ3 24P/C 1.88Q4 24 calls: $18.8mQ4 24 puts: $24.3mQ4 24P/C 1.29Q1 25 calls: $8.4mQ1 25 puts: $26.8mQ1 25P/C 3.18Q2 25 calls: $71.6mQ2 25 puts: $60.8mQ2 25P/C 0.85
Numbers
QuarterCallsPutsP/C
Q3 2024$41.5m$78.1m1.88
Q4 2024$18.8m$24.3m1.29
Q1 2025$8.4m$26.8m3.18
Q2 2025$71.6m$60.8m0.85

Biggest buyers

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +1,828,566+1.8m
BNP PARIBAS FINANCIAL MARKETS Added +1,662,985+1.7m
SCHRODER INVESTMENT MANAGEMENT GROUP Added +1,637,015+1.6m
GOLDMAN SACHS GROUP INC Added +811,146+811.1k
STATE STREET CORP New +683,119+683.1k
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. Added +473,927+473.9k
USS Investment Management Ltd Added +472,327+472.3k
Provida Pension Fund Administrator Added +345,010+345.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +297,031+297.0k
UBS Group AG Added +282,525+282.5k

Biggest sellers

New Vernon Capital Holdings II LLC Reduced -5,079,709-5.1m
ACADIAN ASSET MANAGEMENT LLC Sold out -555,776-555.8k
BlackRock, Inc. Reduced -495,126-495.1k
NORTHERN TRUST CORP Reduced -453,500-453.5k
Richard Bernstein Advisors LLC Reduced -424,455-424.5k
MARSHALL WACE, LLP Sold out -323,309-323.3k
OLD MISSION CAPITAL LLC Sold out -229,946-229.9k
MILLENNIUM MANAGEMENT LLC Reduced -222,154-222.2k
BANK OF AMERICA CORP /DE/ Reduced -210,526-210.5k
BLKBRD Asset Management, LP Sold out -200,000-200.0k

Biggest calls

Squarepoint Ops LLC New $34.4m600.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $15.1m262.6k shares
CITIGROUP INC New $14.3m250.0k shares
PEAK6 LLC Added $3.1m54.4k shares
BTG Pactual Asset Management US LLC New $1.7m29.0k shares
JANE STREET GROUP, LLC Added $1.2m20.5k shares
UBS Group AG Reduced $576.3k10.0k shares
WOLVERINE TRADING, LLC New $451.2k7.8k shares
MILLENNIUM MANAGEMENT LLC Reduced $390.3k6.8k shares
CITADEL ADVISORS LLC Reduced $384.6k6.7k shares

Biggest puts

Squarepoint Ops LLC New $34.4m600.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $7.2m124.9k shares
CITADEL ADVISORS LLC Reduced $6.3m110.3k shares
Graham Capital Management, L.P. New $4.6m80.5k shares
Balyasny Asset Management L.P. New $4.3m75.0k shares
BTG Pactual Asset Management US LLC New $1.7m29.0k shares
JANE STREET GROUP, LLC New $574.0k10.0k shares
MILLENNIUM MANAGEMENT LLC Reduced $505.1k8.8k shares
CSS LLC/IL New $487.9k8.5k shares
Value Aligned Research Advisors, LLC New $459.2k8.0k 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock Portfolio Management LLC 13G · institution new · filed 2026-10-27 5.7% new 6.3m≈ $680.1m 2026-10-27

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 State of Tennessee, Department of Treasury 3.29% of their portfolio NASHVILLE, TN 16,006,15616.0m $918.8m $918.8m 3.29% Added +25.1k +25,092
2 Provida Pension Fund Administrator 5.78% of their portfolio LAS CONDES, SANTIAGO, F3 5,560,6885.6m $319.2m $319.2m 5.78% Added +345.0k +345,010
3 BlackRock, Inc. 0.00% of their portfolio New York, NY 4,060,5764.1m $233.1m $233.1m 0.00% Reduced -495.1k -495,126
4 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 2,510,8752.5m $144.1m $144.1m 0.02% Reduced -453.5k -453,500
5 BNP PARIBAS FINANCIAL MARKETS 0.09% of their portfolio PARIS, I0 2,085,6932.1m $119.7m $119.7m 0.09% Added +1.7m +1,662,985
6 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.08% of their portfolio BOSTON, MA 1,905,4561.9m $109.4m $109.4m 0.08% Added +1.8m +1,828,566
7 SUN LIFE FINANCIAL INC 5.94% of their portfolio Toronto, A6 1,892,9501.9m $108.7m $108.7m 5.94% Reduced -24.2k -24,200
8 SCHRODER INVESTMENT MANAGEMENT GROUP 0.08% of their portfolio London, X0 1,677,2731.7m $97.0m $97.0m 0.08% Added +1.6m +1,637,015
9 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,413,4901.4m $81.1m $81.1m 0.01% Added +811.1k +811,146
10 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 1,111,6461.1m $63.8m $63.8m 0.01% Added +154.5k +154,504
11 Millburn Ridgefield LLC /DE/ 1.49% of their portfolio New York, NY 1,079,1031.1m $61.9m $61.9m 1.49% Reduced -137.1k -137,144
12 Catalyst Capital Advisors LLC 1.25% of their portfolio San Juan, PR 1,079,1031.1m $61.9m $61.9m 1.25% Reduced -137.1k -137,144
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,068,6621.1m $61.3m $61.3m 0.00% Reduced -109.3k -109,306
14 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 988,467988.5k $56.7m $56.7m 0.00% Unchanged
15 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 5.00% of their portfolio London, X0 937,565937.6k $53.8m $53.8m 5.00% Added +227.0k +226,970
16 USS Investment Management Ltd 0.32% of their portfolio London, X0 894,903894.9k $51.3m $51.3m 0.32% Added +472.3k +472,327
17 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 834,560834.6k $47.9m $47.9m 0.01% Added +1.1k +1,107
18 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 683,119683.1k $39.2m $39.2m 0.00% New
19 COMERICA BANK 0.15% of their portfolio DALLAS, TX 659,387659.4k $37.8m $37.8m 0.15% Reduced -43.7k -43,718
20 YOUSIF CAPITAL MANAGEMENT, LLC 0.41% of their portfolio BLOOMFIELD HILLS, MI 657,868657.9k $37.8m $37.8m 0.41% Reduced -43.3k -43,327
21 Legal & General Group Plc 0.01% of their portfolio London, X0 635,303635.3k $36.5m $36.5m 0.01% Unchanged
22 Jordan Park Group LLC 2.14% of their portfolio SAN FRANCISCO, CA 574,025574.0k $32.9m $32.9m 2.14% Unchanged
23 UBS Group AG 0.01% of their portfolio ZURICH, V8 523,858523.9k $30.1m $30.1m 0.01% Added +282.5k +282,525
24 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.27% of their portfolio Madrid, U3 522,227522.2k $29.9m $29.9m 0.27% Added +473.9k +473,927
25 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio Toronto, A6 515,044515.0k $29.6m $29.6m 0.03% Reduced -154.5k -154,487
26 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 434,612434.6k $24.9m $24.9m 0.01% Reduced -17.8k -17,802
27 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 381,735381.7k $21.9m $21.9m 0.00% Added +42.0k +41,981
28 Richard Bernstein Advisors LLC 0.54% of their portfolio NEW YORK, NY 379,306379.3k $21.8m $21.8m 0.54% Reduced -424.5k -424,455
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 375,463375.5k $21.6m $21.6m 0.00% Reduced -210.5k -210,526
30 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 358,647358.6k $20.6m $20.6m 0.03% Added +297.0k +297,031
31 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 352,992353.0k $18.6m $18.6m 0.00% Reduced -72.2k -72,194
32 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 339,859339.9k $19.5m $19.5m 0.02% Added +86.3k +86,319
33 MEITAV INVESTMENT HOUSE LTD 0.25% of their portfolio BENE-BERAQ, L3 326,670326.7k $18.8m $18.8m 0.25% Unchanged
34 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 312,994313.0k $18.0m $18.0m 0.00% Reduced -37.7k -37,657
35 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 307,309307.3k $17.6m $17.6m 0.00% Reduced -22.7k -22,700
36 PRUDENTIAL FINANCIAL INC 0.02% of their portfolio NEWARK, NJ 282,570282.6k $16.2m $16.2m 0.02% Reduced -416 -416
37 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 262,590262.6k $15.1m $15.1m 0.02% New
38 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 252,062252.1k $14.5m $14.5m 0.01% Reduced -31.7k -31,744
39 Korea Investment CORP 0.03% of their portfolio SEOUL, M5 238,472238.5k $13.7m $13.7m 0.03% Reduced -69.7k -69,728
40 Aberdeen Group plc 0.02% of their portfolio EDINBURGH, X0 230,973231.0k $13.2m $13.2m 0.02% Added +89.4k +89,367
41 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 229,213229.2k $13.2m $13.2m 0.01% Reduced -20.3k -20,291
42 CAISSE DES DEPOTS ET CONSIGNATIONS 0.54% of their portfolio PARIS, I0 225,000225.0k $12.9m $12.9m 0.54% Unchanged
43 CIBC Private Wealth Group LLC 0.02% of their portfolio ATLANTA, GA 192,500192.5k $11.0m $11.0m 0.02% Unchanged
44 SPINNAKER TRUST 0.58% of their portfolio PORTLAND, ME 168,301168.3k $9.7m $9.7m 0.58% Reduced -313 -313
45 Cullen Capital Management, LLC 0.10% of their portfolio New York, NY 156,851156.9k $9.0m $9.0m 0.10% Added +31.0k +31,016
46 NOMURA ASSET MANAGEMENT CO LTD 0.02% of their portfolio TOKYO, M0 151,780151.8k $8.7m $8.7m 0.02% Added +480 +480
47 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 147,500147.5k $8.5m $8.5m 0.02% New
48 BANQUE PICTET & CIE SA 0.09% of their portfolio GENEVA 73, V8 144,222144.2k $8.3m $8.3m 0.09% Unchanged
49 New Vernon Capital Holdings II LLC 3.77% of their portfolio Morristown, NJ 136,776136.8k $7.9m $7.9m 3.77% Reduced -5.1m -5,079,709
50 State of Wyoming 0.73% of their portfolio CHEYENNE, WY 104,330104.3k $6.0m $6.0m 0.73% Reduced -730 -730
51 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 101,590101.6k $5.8m $5.8m 0.00% Added +30.7k +30,681
52 PINEBRIDGE INVESTMENTS, L.P. 0.04% of their portfolio NEW YORK, NY 97,19797.2k $5.6m $5.6m 0.04% Reduced -31.7k -31,683
53 Amundi 0.00% of their portfolio Paris, I0 93,56093.6k $5.5m $5.5m 0.00% Added +32.2k +32,160
54 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 89,04989.0k $5.1m $5.1m 0.01% Reduced -49.0k -49,013
55 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 81,97182.0k $4.7m $4.7m 0.00% Reduced -6.8k -6,841
56 OVERSEA-CHINESE BANKING Corp Ltd 0.13% of their portfolio SINGAPORE, U0 81,88581.9k $4.7m $4.7m 0.13% Reduced -11.9k -11,926
57 BLUEFIN CAPITAL MANAGEMENT, LLC 3.33% of their portfolio NEW YORK, NY 75,08875.1k $4.3m $4.3m 3.33% Added +61.2k +61,156
58 TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio STAMFORD, CT 74,03274.0k $4.2m $4.2m 0.03% Reduced -122.1k -122,095
59 Checchi Capital Advisers, LLC 0.29% of their portfolio BEVERLY HILLS, CA 71,71871.7k $4.1m $4.1m 0.29% Added +1.5k +1,483
60 Zurich Insurance Group Ltd/FI 0.03% of their portfolio ZURICH, V8 68,69068.7k $4.0m $4.0m 0.03% Unchanged
61 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 60,74360.7k $3.5m $3.5m 0.00% Added +3.2k +3,172
62 Vontobel Holding Ltd. 0.01% of their portfolio ZURICH, V8 53,99754.0k $3.1m $3.1m 0.01% Reduced -3.5k -3,478
63 ALTFEST L J & CO INC 0.35% of their portfolio NEW YORK, NY 51,48751.5k $3.0m $3.0m 0.35% New
64 TD Waterhouse Canada Inc. 0.02% of their portfolio TORONTO, A6 50,57350.6k $2.9m $2.9m 0.02% Added +3.2k +3,213
65 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 50,48350.5k $2.9m $2.9m 0.00% Added +3.2k +3,213
66 Financiere des Professionnels - Fonds d'investissement inc. 0.17% of their portfolio MONTREAL, A8 50,00050.0k $2.9m $2.9m 0.17% Unchanged
67 Cubist Systematic Strategies, LLC 0.03% of their portfolio STAMFORD, CT 46,69546.7k $2.7m $2.7m 0.03% New
68 Federation des caisses Desjardins du Quebec 0.01% of their portfolio LEVIS, A8 45,04145.0k $2.6m $2.6m 0.01% Added +5.2k +5,187
69 Driehaus Capital Management LLC 0.02% of their portfolio Chicago, IL 44,11344.1k $2.5m $2.5m 0.02% New
70 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 43,44343.4k $2.5m $2.5m 0.00% Reduced -84.2k -84,155
71 Journey Advisory Group, LLC 0.19% of their portfolio COVINGTON, KY 43,38543.4k $2.5m $2.5m 0.19% New
72 LMCG INVESTMENTS, LLC 0.15% of their portfolio BOSTON, MA 42,69342.7k $2.5m $2.5m 0.15% Reduced -2.2k -2,243
73 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 40,85140.9k $2.3m $2.3m 0.01% New
74 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 40,80040.8k $2.3m $2.3m 0.01% Unchanged
75 CUMBERLAND ADVISORS INC 0.96% of their portfolio SARASOTA, FL 39,85539.9k $2.3m $2.3m 0.96% Added +155 +155
76 Banque Cantonale Vaudoise 0.09% of their portfolio LAUSANNE, V8 37,77937.8k $2.2m $2.2m 0.09% Reduced -138 -138
77 Rock Creek Group LLC 0.25% of their portfolio Washington, DC 37,55837.6k $2.2m $2.2m 0.25% New
78 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 37,20237.2k $2.1m $2.1m 0.00% New
79 Sava Infond d.o.o. 0.32% of their portfolio MARIBOR, 2A 35,90035.9k $2.1m $2.1m 0.32% Unchanged
80 ZACKS INVESTMENT MANAGEMENT 0.02% of their portfolio Chicago, IL 35,63935.6k $2.0m $2.0m 0.02% Added +4.2k +4,250
81 Pictet North America Advisors SA 0.19% of their portfolio GENEVA 73, V8 32,40932.4k $1.9m $1.9m 0.19% Unchanged
82 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 30,29430.3k $1.7m $1.7m 0.02% Added +14.8k +14,753
83 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 28,98329.0k $1.7m $1.7m 0.00% Added +613 +613
84 Michelson Medical Research Foundation, Inc. 1.51% of their portfolio Los Angeles, CA 27,43527.4k $1.6m $1.6m 1.51% Unchanged
85 NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio ST. LOUIS, MO 26,30026.3k $1.5m $1.5m 0.01% Added +10.0k +10,000
86 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 24,80024.8k $1.4m $1.4m 0.00% Added +4.8k +4,800
87 V-Square Quantitative Management LLC 0.19% of their portfolio CHICAGO, IL 24,12724.1k $1.4m $1.4m 0.19% Added +1.8k +1,837
88 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 23,46823.5k $1.3m $1.3m 0.00% Reduced -5.4k -5,440
89 Arizona PSPRS Trust 0.04% of their portfolio PHOENIX, AZ 23,10023.1k $1.3m $1.3m 0.04% New
90 Pekin Hardy Strauss, Inc. 0.12% of their portfolio CHICAGO, IL 18,74018.7k $1.1m $1.1m 0.12% New
91 Optiver Holding B.V. 0.03% of their portfolio AMSTERDAM, P7 18,07218.1k $1.0m $1.0m 0.03% New
92 AXIOM INVESTORS LLC /DE 0.01% of their portfolio GREENWICH, CT 18,00018.0k $1.0m $1.0m 0.01% Reduced -13.8k -13,800
93 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 16,84616.8k $968.0k $968.0k 0.00% Reduced -129.8k -129,787
94 Mount Lucas Management LP 0.45% of their portfolio Newtown, PA 16,56216.6k $950.7k $950.7k 0.45% New
95 GOULD ASSET MANAGEMENT LLC /CA/ 0.19% of their portfolio CLAREMONT, CA 16,46016.5k $944.8k $944.8k 0.19% Added +400 +400
96 BECKER CAPITAL MANAGEMENT INC 0.03% of their portfolio Portland, OR 16,42216.4k $942.6k $942.6k 0.03% Unchanged
97 Disciplined Investments, LLC 0.33% of their portfolio TULSA, OK 13,69113.7k $785.9k $785.9k 0.33% Reduced -440 -440
98 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 13,44313.4k $771.6k $771.6k 0.00% Reduced -222.2k -222,154
99 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 13,10013.1k $751.9k $751.9k 0.00% New
100 Elm3 Financial Group, LLC 0.61% of their portfolio ALPHARETTA, GA 12,85412.9k $737.8k $737.8k 0.61% Added +145 +145