Vault-13

ISHARES INC EWJ

MSCI JPN ETF NEW · ETP · CUSIP 46434G822 · ISIN US46434G8226

618 institutional holders -5 vs Q1 2025
147,697,334147.7m shares reported held*
$11.1bnreported value*
78 new 192 added 197 reduced 88 sold out net sold ≈ $339.0m (-4.6m 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 ($5.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $74.97. Options: 14 managers hold calls ($196.4m notional), 15 hold puts ($115.0m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 372Q4 22: 411Q1 23: 418Q2 23: 507Q3 23: 527Q4 23: 567Q1 24: 623Q2 24: 613Q3 24: 605Q4 24: 612Q1 25: 623Q2 25: 618618Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022372
Q4 2022411
Q1 2023418
Q2 2023507
Q3 2023527
Q4 2023567
Q1 2024623
Q2 2024613
Q3 2024605
Q4 2024612
Q1 2025623
Q2 2025618

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 256 bought or addedQ3 23: 213 cut or sold outQ4 23: 267 bought or addedQ4 23: 251 cut or sold outQ4 23Q1 24: 353 bought or addedQ1 24: 206 cut or sold outQ2 24: 284 bought or addedQ2 24: 278 cut or sold outQ2 24Q3 24: 245 bought or addedQ3 24: 291 cut or sold outQ4 24: 256 bought or addedQ4 24: 276 cut or sold outQ4 24Q1 25: 242 bought or addedQ1 25: 285 cut or sold outQ2 25: 270 bought or addedQ2 25: 285 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023256213
Q4 2023267251
Q1 2024353206
Q2 2024284278
Q3 2024245291
Q4 2024256276
Q1 2025242285
Q2 2025270285

Calls vs puts

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

CallsPuts
$0$200m$400m$600mQ3 24 calls: $584.5mQ3 24 puts: $501.9mQ3 24P/C 0.86Q4 24 calls: $327.6mQ4 24 puts: $224.3mQ4 24P/C 0.68Q1 25 calls: $121.6mQ1 25 puts: $208.3mQ1 25P/C 1.71Q2 25 calls: $196.4mQ2 25 puts: $115.0mQ2 25P/C 0.59
Numbers
QuarterCallsPutsP/C
Q3 2024$584.5m$501.9m0.86
Q4 2024$327.6m$224.3m0.68
Q1 2025$121.6m$208.3m1.71
Q2 2025$196.4m$115.0m0.59

Biggest buyers

Fisher Asset Management, LLC Added +1,010,345+1.0m
ROYAL BANK OF CANADA Added +976,356+976.4k
Johns Hopkins University New +770,457+770.5k
D. E. Shaw & Co., Inc. New +426,415+426.4k
AMERIPRISE FINANCIAL INC Added +390,526+390.5k
Qube Research & Technologies Ltd Added +388,318+388.3k
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Added +378,947+378.9k
Rockefeller Capital Management L.P. Added +372,067+372.1k
ARMSTRONG ADVISORY GROUP, INC Added +364,053+364.1k
SG Americas Securities, LLC Added +316,982+317.0k

Biggest sellers

MORGAN STANLEY Reduced -1,929,783-1.9m
BNP PARIBAS FINANCIAL MARKETS Reduced -1,849,694-1.8m
ENVESTNET ASSET MANAGEMENT INC Reduced -966,214-966.2k
JPMORGAN CHASE & CO Reduced -910,463-910.5k
HSBC HOLDINGS PLC Reduced -592,060-592.1k
CITIGROUP INC Reduced -571,541-571.5k
VICTORY CAPITAL MANAGEMENT INC Sold out -512,266-512.3k
Pictet North America Advisors SA Reduced -500,152-500.2k
Brown University Sold out -386,650-386.6k
1607 Capital Partners, LLC Reduced -371,070-371.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $65.2m869.9k shares
CITADEL ADVISORS LLC Added $48.6m648.8k shares
Jain Global LLC New $37.5m500.0k shares
BANK OF AMERICA CORP /DE/ New $17.1m228.5k shares
MILLENNIUM MANAGEMENT LLC Added $11.1m148.2k shares
Schonfeld Strategic Advisors LLC New $5.6m74.6k shares
PEAK6 LLC Added $3.5m46.2k shares
Walleye Trading LLC Reduced $3.1m41.1k shares
Cubist Systematic Strategies, LLC New $1.3m17.7k shares
CAPITAL FUND MANAGEMENT S.A. New $1.2m15.7k shares

Biggest puts

CITADEL ADVISORS LLC Added $23.3m310.2k shares
KINGDON CAPITAL MANAGEMENT, L.L.C. New $22.5m300.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $18.8m250.5k shares
Hiddenite Capital Partners LP New $18.7m250.0k shares
BANK OF AMERICA CORP /DE/ Reduced $11.2m150.0k shares
MILLENNIUM MANAGEMENT LLC Added $8.3m110.5k shares
BlackRock, Inc. New $3.7m50.0k shares
CAPITAL FUND MANAGEMENT S.A. New $2.7m35.7k shares
PEAK6 LLC New $1.8m23.6k shares
Walleye Trading LLC Reduced $1.3m16.7k 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 +3.7 pts · filed 2026-10-27 15.2% +3.7 pts 36.8m≈ $3.4bn 2026-10-27

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.13% of their portfolio NEW YORK, NY 25,439,94725.4m $1.9bn $1.9bn 0.13% Reduced -910.5k -910,463
2 MORGAN STANLEY 0.09% of their portfolio NEW YORK, NY 19,450,25419.5m $1.5bn $1.5bn 0.09% Reduced -1.9m -1,929,783
3 BlackRock, Inc. 0.03% of their portfolio New York, NY 17,476,76617.5m $1.3bn $1.3bn 0.03% Reduced -117.4k -117,402
4 BANK OF MONTREAL /CAN/ 0.29% of their portfolio TORONTO, A6 7,737,4377.7m $580.1m $580.1m 0.29% Reduced -51.8k -51,775
5 GOLDMAN SACHS GROUP INC 0.09% of their portfolio NEW YORK, NY 7,360,9637.4m $551.9m $551.9m 0.09% Added +22.4k +22,359
6 ENVESTNET ASSET MANAGEMENT INC 0.14% of their portfolio Berwyn, PA 6,261,0066.3m $469.4m $469.4m 0.14% Reduced -966.2k -966,214
7 First Command Advisory Services, Inc. 3.90% of their portfolio FORT WORTH, TX 6,042,1256.0m $453.0m $453.0m 3.90% Reduced -16.6k -16,577
8 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 5,344,1055.3m $400.6m $400.6m 0.03% Added +275.2k +275,158
9 TD Asset Management Inc 0.27% of their portfolio Toronto, A6 4,219,0064.2m $316.3m $316.3m 0.27% Added +4.0k +3,968
10 Fisher Asset Management, LLC 0.08% of their portfolio PLANO, TX 2,677,2752.7m $200.7m $200.7m 0.08% Added +1.0m +1,010,345
11 DEUTSCHE BANK AG\ 0.05% of their portfolio FRANKFURT AM MAIN, 2M 1,840,9731.8m $138.0m $138.0m 0.05% Reduced -61.4k -61,449
12 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,748,9961.7m $131.1m $131.1m 0.03% Reduced -101.2k -101,238
13 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,660,6981.7m $124.5m $124.5m 0.01% Added +976.4k +976,356
14 Glenmede Investment Management, LP 0.55% of their portfolio PHILADELPHIA, PA 1,452,4051.5m $108.9m $108.9m 0.55% First filing
15 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,261,0581.3m $94.5m $94.5m 0.02% Added +390.5k +390,526
16 STIFEL FINANCIAL CORP 0.09% of their portfolio ST. LOUIS, MO 1,176,4671.2m $88.2m $88.2m 0.09% Reduced -14.1k -14,084
17 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.45% of their portfolio VICTORIA, A1 1,037,1861.0m $77.8m $77.8m 0.45% Added +378.9k +378,947
18 Board of Trustees of The Leland Stanford Junior University 7.88% of their portfolio STANFORD, CA 971,270971.3k $72.8m $72.8m 7.88% Unchanged
19 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 907,579907.6k $68.0m $68.0m 0.01% Reduced -41.7k -41,708
20 Kemnay Advisory Services Inc. 10.37% of their portfolio New York, NY 869,500869.5k $65.2m $65.2m 10.37% Unchanged
21 Millburn Ridgefield LLC /DE/ 1.45% of their portfolio New York, NY 803,643803.6k $60.2m $60.2m 1.45% Reduced -62.1k -62,129
22 Catalyst Capital Advisors LLC 1.22% of their portfolio San Juan, PR 803,643803.6k $60.2m $60.2m 1.22% Reduced -62.1k -62,129
23 Itau Unibanco Holding S.A. 2.24% of their portfolio SAO PAULO, D5 787,562787.6k $59.0m $59.0m 2.24% Added +4.3k +4,252
24 FIL Ltd 0.05% of their portfolio HAMILTON, D0 785,272785.3k $58.9m $58.9m 0.05% Added +184.7k +184,674
25 Johns Hopkins University 3.05% of their portfolio BALTIMORE, MD 770,457770.5k $57.8m $57.8m 3.05% New
26 Rockefeller Capital Management L.P. 0.06% of their portfolio NEW YORK, NY 738,942738.9k $55.4m $55.4m 0.06% Added +372.1k +372,067
27 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 675,294675.3k $50.6m $50.6m 0.01% Reduced -32.8k -32,828
28 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 637,774637.8k $47.8m $47.8m 0.02% Reduced -141.6k -141,589
29 1607 Capital Partners, LLC 3.80% of their portfolio Richmond, VA 625,262625.3k $46.9m $46.9m 3.80% Reduced -371.1k -371,070
30 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 617,205617.2k $46.3m $46.3m 0.03% Reduced -571.5k -571,541
31 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 549,258549.3k $41.2m $41.2m 0.03% Reduced -1.8m -1,849,694
32 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 546,723546.7k $41.0m $41.0m 0.01% Added +31.3k +31,344
33 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 2.13% of their portfolio SAN FRANCISCO, CA 533,841533.8k $40.0m $40.0m 2.13% Added +27.3k +27,268
34 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 426,415426.4k $32.0m $32.0m 0.03% New
35 SG Americas Securities, LLC 0.14% of their portfolio NEW YORK, NY 411,343411.3k $30.8m $30.8m 0.14% Added +317.0k +316,982
36 COMERICA BANK 0.12% of their portfolio DALLAS, TX 410,757410.8k $30.8m $30.8m 0.12% Added +68.7k +68,749
37 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 409,800409.8k $30.7m $30.7m 0.02% Reduced -592.1k -592,060
38 RED CEDAR INVESTMENT MANAGEMENT, LLC 3.81% of their portfolio GRAND RAPIDS, MI 402,895402.9k $30.2m $30.2m 3.81% Added +337 +337
39 CW Advisors, LLC 0.28% of their portfolio BOSTON, MA 390,466390.5k $29.3m $29.3m 0.28% Added +6.0k +5,986
40 Qube Research & Technologies Ltd 0.04% of their portfolio LONDON, X0 389,477389.5k $29.2m $29.2m 0.04% Added +388.3k +388,318
41 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.19% of their portfolio NEW YORK, NY 385,800385.8k $28.9m $28.9m 0.19% Unchanged
42 MBB PUBLIC MARKETS I LLC 3.32% of their portfolio CHICAGO, IL 384,482384.5k $28.8m $28.8m 3.32% Unchanged
43 Banco Santander, S.A. 0.27% of their portfolio Madrid, U3 377,530377.5k $28.3m $28.3m 0.27% Added +133.8k +133,796
44 Miller Investment Management, LP 2.91% of their portfolio WEST CONSHOHOCKEN, PA 369,351369.4k $27.7m $27.7m 2.91% Reduced -10.8k -10,795
45 ARMSTRONG ADVISORY GROUP, INC 2.07% of their portfolio NEEDHAM, MA 365,133365.1k $27.4m $27.4m 2.07% Added +364.1k +364,053
46 MACKENZIE FINANCIAL CORP 0.03% of their portfolio TORONTO ONTARIO, A6 340,137340.1k $25.5m $25.5m 0.03% Reduced -62.5k -62,500
47 YOUSIF CAPITAL MANAGEMENT, LLC 0.27% of their portfolio BLOOMFIELD HILLS, MI 330,592330.6k $24.8m $24.8m 0.27% Added +69.7k +69,675
48 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.98% of their portfolio BOSTON, MA 327,359327.4k $24.5m $24.5m 0.98% Reduced -292.1k -292,066
49 Horizon Investments, LLC 0.39% of their portfolio Charlotte, NC 326,170326.2k $24.5m $24.5m 0.39% Reduced -17.7k -17,710
50 Grantham, Mayo, Van Otterloo & Co. LLC 0.07% of their portfolio Boston, MA 311,177311.2k $23.3m $23.3m 0.07% Unchanged
51 Summit Financial, LLC 0.52% of their portfolio PARSIPPANY, NJ 308,129308.1k $23.1m $23.1m 0.52% Added +126.9k +126,933
52 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.12% of their portfolio HARRISBURG, PA 300,000300.0k $22.5m $22.5m 0.12% New
53 ANGELES WEALTH MANAGEMENT, LLC 1.51% of their portfolio SANTA MONICA, CA 294,091294.1k $22.0m $22.0m 1.51% Added +13.2k +13,164
54 CIBC WORLD MARKET INC. 0.05% of their portfolio TORONTO, A6 290,209290.2k $21.8m $21.8m 0.05% Reduced -49.2k -49,219
55 GFS Advisors, LLC 2.94% of their portfolio HOUSTON, TX 286,317286.3k $21.5m $21.5m 2.94% Reduced -1.3k -1,300
56 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 284,355284.4k $21.3m $21.3m 0.02% Added +90.0k +89,999
57 STRS OHIO 0.08% of their portfolio COLUMBUS, OH 276,103276.1k $20.7m $20.7m 0.08% Reduced -235.0k -235,000
58 Vontobel Holding Ltd. 0.06% of their portfolio ZURICH, V8 261,181261.2k $19.6m $19.6m 0.06% Reduced -6.2k -6,204
59 Point72 Europe (London) LLP 0.94% of their portfolio LONDON, X0 243,624243.6k $18.3m $18.3m 0.94% New
60 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 231,828231.8k $17.4m $17.4m 0.01% Reduced -7.0k -6,969
61 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 231,359231.4k $17.3m $17.3m 0.02% Reduced -338.2k -338,215
62 Nan Shan Life Insurance Co., Ltd. 0.37% of their portfolio Taipei City, F5 224,000224.0k $16.8m $16.8m 0.37% Added +51.0k +51,000
63 PGIM Custom Harvest LLC 0.34% of their portfolio NEWARK, NJ 221,874221.9k $16.6m $16.6m 0.34% Reduced -20.6k -20,551
64 Provida Pension Fund Administrator 0.30% of their portfolio LAS CONDES, SANTIAGO, F3 219,398219.4k $16.5m $16.5m 0.30% Added +179.2k +179,170
65 Allianz Asset Management GmbH 0.02% of their portfolio MUNICH, 2M 215,000215.0k $16.1m $16.1m 0.02% Added +144.5k +144,500
66 Rathbones Group PLC 0.07% of their portfolio Liverpool, X0 210,533210.5k $15.8m $15.8m 0.07% Added +4.5k +4,508
67 Money Design Co.,Ltd. 0.74% of their portfolio TOKYO, M0 210,342210.3k $15.8m $15.8m 0.74% Reduced -18.3k -18,251
68 Baker Avenue Asset Management, LP 0.45% of their portfolio SAN FRANCISCO, CA 209,091209.1k $15.7m $15.7m 0.45% Added +5.8k +5,794
69 Alaska Permanent Capital Management, LLC 1.19% of their portfolio ANCHORAGE, AK 203,971204.0k $15.3m $15.3m 1.19% Reduced -10.8k -10,793
70 Barry Investment Advisors, LLC 3.77% of their portfolio NEW BEDFORD, MA 202,111202.1k $15.2m $15.2m 3.77% Added +10.2k +10,171
71 BARINGS LLC 0.35% of their portfolio CHARLOTTE, NC 198,666198.7k $14.9m $14.9m 0.35% Added +162.6k +162,556
72 Granite Bay Wealth Management, LLC 4.71% of their portfolio PORTSMOUTH, NH 195,598195.6k $14.7m $14.7m 4.71% Added +6.9k +6,892
73 TD Waterhouse Canada Inc. 0.10% of their portfolio TORONTO, A6 192,208192.2k $14.3m $14.3m 0.10% Added +72.4k +72,441
74 GTS SECURITIES LLC 0.63% of their portfolio NEW YORK, NY 187,692187.7k $14.1m $14.1m 0.63% Added +163.0k +162,967
75 Federation des caisses Desjardins du Quebec 0.06% of their portfolio LEVIS, A8 177,624177.6k $13.3m $13.3m 0.06% Added +87.5k +87,489
76 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 177,088177.1k $13.3m $13.3m 0.00% Added +1.8k +1,820
77 Coastline Trust Co 1.49% of their portfolio PROVIDENCE, RI 174,082174.1k $13.1m $13.1m 1.49% Reduced -455 -455
78 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 174,070174.1k $13.1m $13.1m 0.01% Reduced -18.1k -18,060
79 NorthCoast Asset Management LLC 0.06% of their portfolio STAMFORD, CT 171,954172.0k $12.9m $12.9m 0.06% Reduced -81 -81
80 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 162,900162.9k $12.2m $12.2m 0.02% Reduced -133.3k -133,278
81 Graham Capital Management, L.P. 0.36% of their portfolio ROWAYTON, CT 158,200158.2k $11.9m $11.9m 0.36% Added +84.0k +83,971
82 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 157,815157.8k $11.8m $11.8m 0.01% Reduced -33.8k -33,808
83 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 153,561153.6k $11.5m $11.5m 0.01% Reduced -260.2k -260,155
84 Portland Global Advisors LLC 1.22% of their portfolio PORTLAND, ME 138,081138.1k $10.4m $10.4m 1.22% Added +30.8k +30,814
85 Corecam Pte. Ltd. 5.68% of their portfolio SINGAPORE, U0 134,500134.5k $10.1m $10.1m 5.68% Reduced -18.7k -18,700
86 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 129,500129.5k $9.7m $9.7m 0.02% New
87 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 125,236125.2k $9.4m $9.4m 0.05% Added +57.2k +57,167
88 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 123,661123.7k $9.3m $9.3m 0.01% Reduced -9.8k -9,810
89 Azimuth Capital Investment Management LLC 0.34% of their portfolio BLOOMFIELD HILLS, MI 122,925122.9k $9.2m $9.2m 0.34% Added +1.6k +1,550
90 Lido Advisors, LLC 0.05% of their portfolio Los Angeles, CA 120,603120.6k $9.0m $9.0m 0.05% Added +97.7k +97,693
91 Ballentine Partners, LLC 0.14% of their portfolio Waltham, MA 120,506120.5k $9.0m $9.0m 0.14% Reduced -9.7k -9,706
92 Harel Insurance Investments & Financial Services Ltd. 0.10% of their portfolio Ramat Gan, L3 119,378119.4k $8.9m $8.9m 0.10% Added +2.5k +2,514
93 SCOTIA CAPITAL INC. 0.04% of their portfolio TORONTO, A6 119,064119.1k $8.9m $8.9m 0.04% Reduced -2.7k -2,689
94 Palisades Hudson Asset Management, L.P. 3.49% of their portfolio FORT LAUDERDALE, FL 119,018119.0k $8.9m $8.9m 3.49% Reduced -881 -881
95 ELEMENT POINTE ADVISORS, LLC 2.13% of their portfolio MIAMI, FL 117,301117.3k $8.8m $8.8m 2.13% Added +550 +550
96 Americana Partners, LLC 0.30% of their portfolio Houston, TX 116,700116.7k $8.7m $8.7m 0.30% Reduced -104.6k -104,577
97 BTG Pactual Asset Management US LLC 1.15% of their portfolio NEW YORK, NY 114,262114.3k $8.6m $8.6m 1.15% Added +651 +651
98 Alaska Wealth Advisors, LLC 1.21% of their portfolio ANCHORAGE, AK 112,549112.5k $8.4m $8.4m 1.21% Added +3.5k +3,485
99 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 112,194112.2k $8.4m $8.4m 0.01% Added +14.3k +14,266
100 National Philanthropic Trust 0.11% of their portfolio Jenkintown, PA 110,262110.3k $8.3m $8.3m 0.11% Reduced -2.9k -2,926