Vault-13

ISHARES INC EWJ

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

745 institutional holders +26 vs Q4 2025
151,329,909151.3m shares reported held*
$12.7bnreported value*
98 new 297 added 177 reduced 70 sold out net bought ≈ $957.5m (+11.3m 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 ($29.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $83.99. Options: 17 managers hold calls ($314.8m notional), 13 hold puts ($308.2m).

Trends to Q1 2026

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: 618Q3 25: 638Q4 25: 719Q1 26: 745745Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025638
Q4 2025719
Q1 2026745

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 24: 284 bought or addedQ2 24: 278 cut or sold outQ3 24: 245 bought or addedQ3 24: 291 cut or sold outQ3 24Q4 24: 256 bought or addedQ4 24: 276 cut or sold outQ1 25: 242 bought or addedQ1 25: 285 cut or sold outQ1 25Q2 25: 270 bought or addedQ2 25: 285 cut or sold outQ3 25: 268 bought or addedQ3 25: 232 cut or sold outQ3 25Q4 25: 360 bought or addedQ4 25: 225 cut or sold outQ1 26: 395 bought or addedQ1 26: 247 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024284278
Q3 2024245291
Q4 2024256276
Q1 2025242285
Q2 2025270285
Q3 2025268232
Q4 2025360225
Q1 2026395247

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ2 25 calls: $196.4mQ2 25 puts: $115.0mQ2 25P/C 0.59Q3 25 calls: $692.8mQ3 25 puts: $130.3mQ3 25P/C 0.19Q4 25 calls: $485.8mQ4 25 puts: $175.7mQ4 25P/C 0.36Q1 26 calls: $314.8mQ1 26 puts: $308.2mQ1 26P/C 0.98
Numbers
QuarterCallsPutsP/C
Q2 2025$196.4m$115.0m0.59
Q3 2025$692.8m$130.3m0.19
Q4 2025$485.8m$175.7m0.36
Q1 2026$314.8m$308.2m0.98

Biggest buyers

BlackRock, Inc. Added +6,289,574+6.3m
ROYAL BANK OF CANADA Added +2,506,472+2.5m
UBS Group AG Added +1,992,634+2.0m
BESSEMER GROUP INC Added +1,600,219+1.6m
BANK OF MONTREAL /CAN/ Added +1,230,339+1.2m
BARCLAYS PLC Added +1,154,050+1.2m
Employees Retirement System of Texas New +592,400+592.4k
TD Asset Management Inc Added +545,811+545.8k
FLOW TRADERS U.S. LLC New +507,404+507.4k
OMERS ADMINISTRATION Corp New +452,489+452.5k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -1,598,210-1.6m
CITADEL ADVISORS LLC Reduced -1,073,560-1.1m
Quadrature Capital Ltd Sold out -992,110-992.1k
BANK OF AMERICA CORP /DE/ Reduced -645,791-645.8k
NATIONAL BANK OF CANADA /FI/ Sold out -601,400-601.4k
First Command Advisory Services, Inc. Reduced -585,275-585.3k
ALLIANCEBERNSTEIN L.P. Reduced -503,438-503.4k
Provida Pension Fund Administrator Reduced -495,880-495.9k
JPMORGAN CHASE & CO Reduced -441,360-441.4k
ENVESTNET ASSET MANAGEMENT INC Reduced -414,674-414.7k

Biggest calls

CITADEL ADVISORS LLC Added $141.1m1.7m shares
BARCLAYS PLC Reduced $61.2m725.0k shares
JANE STREET GROUP, LLC Added $32.9m389.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $29.4m347.7k shares
SONA ASSET MANAGEMENT (US) LLC New $16.9m200.0k shares
Galaxy Digital Inc. First filing $8.4m100.0k shares
PEAK6 LLC Reduced $7.3m86.8k shares
MILLENNIUM MANAGEMENT LLC New $4.2m50.0k shares
BNP PARIBAS FINANCIAL MARKETS Reduced $3.0m350 shares
Walleye Trading LLC Reduced $2.1m25.0k shares

Biggest puts

Oasis Management Co Ltd. New $126.7m1.5m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $74.9m887.5k shares
JANE STREET GROUP, LLC Added $44.4m525.3k shares
CITADEL ADVISORS LLC Reduced $20.7m245.1k shares
III Capital Management New $20.0m236.6k shares
Squarepoint Ops LLC Added $8.9m105.0k shares
Marex Group Ltd New $4.2m50.0k shares
BNP PARIBAS FINANCIAL MARKETS New $4.0m470 shares
TUDOR INVESTMENT CORP ET AL New $2.1m25.0k shares
Point72 Asset Management, L.P. Reduced $1.1m13.5k 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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.14% of their portfolio NEW YORK, NY 25,648,49125.6m $2.1bn $2.1bn 0.14% Reduced -441.4k -441,360
2 MORGAN STANLEY 0.10% of their portfolio NEW YORK, NY 19,849,94319.8m $1.7bn $1.7bn 0.10% Added +272.9k +272,863
3 BlackRock, Inc. 0.03% of their portfolio New York, NY 17,925,55217.9m $1.5bn $1.5bn 0.03% Added +6.3m +6,289,574
4 ENVESTNET ASSET MANAGEMENT INC 0.13% of their portfolio Berwyn, PA 5,862,2925.9m $495.0m $495.0m 0.13% Reduced -414.7k -414,674
5 GOLDMAN SACHS GROUP INC 0.06% of their portfolio NEW YORK, NY 5,553,8275.6m $469.0m $469.0m 0.06% Reduced -1.6m -1,598,210
6 ROYAL BANK OF CANADA 0.08% of their portfolio TORONTO, A6 5,048,5535.0m $426.3m $426.3m 0.08% Added +2.5m +2,506,472
7 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 4,827,5184.8m $407.6m $407.6m 0.03% Reduced -645.8k -645,791
8 First Command Advisory Services, Inc. 2.51% of their portfolio FORT WORTH, TX 4,408,1824.4m $372.2m $372.2m 2.51% Reduced -585.3k -585,275
9 UBS Group AG 0.06% of their portfolio ZURICH, V8 3,873,7203.9m $327.1m $327.1m 0.06% Added +2.0m +1,992,634
10 TD Asset Management Inc 0.22% of their portfolio Toronto, A6 3,217,6073.2m $271.7m $271.7m 0.22% Added +545.8k +545,811
11 BANK OF MONTREAL /CAN/ 0.11% of their portfolio TORONTO, A6 3,029,0923.0m $255.8m $255.8m 0.11% Added +1.2m +1,230,339
12 Fisher Asset Management, LLC 0.08% of their portfolio PLANO, TX 2,681,1882.7m $226.4m $226.4m 0.08% Added +178.1k +178,131
13 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.15% of their portfolio Toronto, A6 2,034,6202.0m $171.8m $171.8m 0.15% Added +203.9k +203,875
14 BESSEMER GROUP INC 0.22% of their portfolio WOODBRIDGE, NJ 1,670,4351.7m $141.1m $141.1m 0.22% Added +1.6m +1,600,219
15 DEUTSCHE BANK AG\ 0.04% of their portfolio FRANKFURT AM MAIN, 2M 1,609,9121.6m $135.9m $135.9m 0.04% Added +124.7k +124,722
16 GLENMEDE TRUST CO NA 0.59% of their portfolio PHILADELPHIA, PA 1,428,5981.4m $120.6m $120.6m 0.59% Added +31.5k +31,547
17 STIFEL FINANCIAL CORP 0.10% of their portfolio ST. LOUIS, MO 1,282,4641.3m $108.3m $108.3m 0.10% Added +25.9k +25,914
18 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 1,211,7371.2m $102.3m $102.3m 0.03% Added +139.1k +139,129
19 BARCLAYS PLC 0.04% of their portfolio LONDON, X0 1,163,8591.2m $98.3m $98.3m 0.04% Added +1.2m +1,154,050
20 Kemnay Advisory Services Inc. 15.46% of their portfolio New York, NY 1,139,6101.1m $96.2m $96.2m 15.46% Added +270.1k +270,110
21 Itau Unibanco Holding S.A. 2.29% of their portfolio SAO PAULO, D5 1,135,5591.1m $95.9m $95.9m 2.29% Added +372.5k +372,499
22 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 997,680997.7k $93.7m $93.7m 0.02% Added +52.7k +52,704
23 Board of Trustees of The Leland Stanford Junior University 9.66% of their portfolio STANFORD, CA 971,270971.3k $82.0m $82.0m 9.66% Unchanged
24 FIL Ltd 0.06% of their portfolio HAMILTON, D0 960,134960.1k $81.1m $81.1m 0.06% Added +171.2k +171,166
25 CITIGROUP INC 0.05% of their portfolio NEW YORK, NY 950,766950.8k $80.3m $80.3m 0.05% Added +247.3k +247,344
26 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 904,372904.4k $76.4m $76.4m 0.02% Added +111.7k +111,709
27 Millburn Ridgefield LLC /DE/ 1.45% of their portfolio New York, NY 799,771799.8k $67.5m $67.5m 1.45% Added +40.5k +40,547
28 Catalyst Capital Advisors LLC 1.26% of their portfolio San Juan, PR 799,771799.8k $67.5m $67.5m 1.26% Added +40.5k +40,547
29 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 748,490748.5k $63.2m $63.2m 0.01% Reduced -68.9k -68,860
30 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.33% of their portfolio VICTORIA, A1 659,786659.8k $55.7m $55.7m 0.33% Reduced -181.4k -181,400
31 Employees Retirement System of Texas 0.44% of their portfolio AUSTIN, TX 592,400592.4k $50.0m $50.0m 0.44% New
32 Lido Advisors, LLC 0.18% of their portfolio Los Angeles, CA 556,904556.9k $47.0m $47.0m 0.18% Added +327.6k +327,597
33 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 2.36% of their portfolio SAN FRANCISCO, CA 528,001528.0k $44.6m $44.6m 2.36% Added +849 +849
34 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 510,006510.0k $43.1m $43.1m 0.06% Added +49.9k +49,851
35 FLOW TRADERS U.S. LLC 1.36% of their portfolio NEW YORK, NY 507,404507.4k $42.8m $42.8m 1.36% New
36 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 468,681468.7k $39.3m $39.3m 0.02% Reduced -392.4k -392,355
37 OMERS ADMINISTRATION Corp 0.25% of their portfolio TORONTO, A6 452,489452.5k $38.2m $38.2m 0.25% New
38 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 427,600427.6k $36.1m $36.1m 0.03% Added +292.2k +292,200
39 Rockefeller Capital Management L.P. 0.06% of their portfolio NEW YORK, NY 409,763409.8k $34.6m $34.6m 0.06% Added +10.8k +10,788
40 RED CEDAR INVESTMENT MANAGEMENT, LLC 3.43% of their portfolio GRAND RAPIDS, MI 392,224392.2k $33.1m $33.1m 3.43% Unchanged
41 Rathbones Group PLC 0.07% of their portfolio Liverpool, X0 387,752387.8k $32.7m $32.7m 0.07% Added +6.3k +6,306
42 VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio San Antonio, TX 370,189370.2k $31.3m $31.3m 0.02% Reduced -29.6k -29,631
43 Keewaydin Investments LLC 9.22% of their portfolio Southampton, NY 346,132346.1k $29.2m $29.2m 9.22% Reduced -193.9k -193,944
44 ANGELES WEALTH MANAGEMENT, LLC 1.57% of their portfolio SANTA MONICA, CA 341,655341.7k $28.8m $28.8m 1.57% Added +14.9k +14,910
45 BARINGS LLC 0.46% of their portfolio CHARLOTTE, NC 335,770335.8k $28.4m $28.4m 0.46% Added +158.6k +158,622
46 MACKENZIE FINANCIAL CORP 0.03% of their portfolio TORONTO ONTARIO, A6 333,637333.6k $28.2m $28.2m 0.03% Unchanged
47 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.20% of their portfolio NEW YORK, NY 324,906324.9k $27.4m $27.4m 0.20% Reduced -60.9k -60,900
48 Miller Investment Management, LP 2.71% of their portfolio WEST CONSHOHOCKEN, PA 323,054323.1k $27.3m $27.3m 2.71% Reduced -22.7k -22,666
49 CIBC WORLD MARKET INC. 0.05% of their portfolio TORONTO, A6 318,656318.7k $26.9m $26.9m 0.05% Added +22.8k +22,813
50 PGIM Custom Harvest LLC 0.42% of their portfolio NEWARK, NJ 316,151316.2k $26.7m $26.7m 0.42% Added +53.5k +53,543
51 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 309,844309.8k $26.2m $26.2m 0.07% Added +5.4k +5,354
52 Ehrenkranz Partners L.P. 19.99% of their portfolio NEW YORK, NY 299,267299.3k $25.3m $25.3m 19.99% New
53 Horizon Investments, LLC 0.28% of their portfolio Charlotte, NC 291,595291.6k $24.6m $24.6m 0.28% Added +5.8k +5,794
54 Stephens Greth Foundation 7.59% of their portfolio DALLAS, TX 287,652287.7k $24.3m $24.3m 7.59% Added +227.5k +227,524
55 Harel Insurance Investments & Financial Services Ltd. 0.16% of their portfolio Ramat Gan, L3 285,045285.0k $24.1m $24.1m 0.16% Added +156.5k +156,519
56 GFS Advisors, LLC 1.46% of their portfolio HOUSTON, TX 276,146276.1k $22.9m $22.9m 1.46% Reduced -5.0k -4,989
57 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 270,453270.5k $22.8m $22.8m 0.02% Added +7.7k +7,674
58 Vontobel Holding Ltd. 0.08% of their portfolio ZURICH, V8 266,017266.0k $22.5m $22.5m 0.08% Reduced -1.3k -1,320
59 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 261,828261.8k $22.1m $22.1m 0.01% Reduced -43.4k -43,441
60 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.11% of their portfolio HARRISBURG, PA 250,000250.0k $21.1m $21.1m 0.11% Reduced -50.0k -50,000
61 FIFTH THIRD BANCORP 0.04% of their portfolio CINCINNATI, OH 244,931244.9k $20.7m $20.7m 0.04% Added +244.9k +244,891
62 Federation des caisses Desjardins du Quebec 0.07% of their portfolio LEVIS, A8 242,840242.8k $20.5m $20.5m 0.07% Added +66.7k +66,739
63 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 241,709241.7k $20.4m $20.4m 0.02% Added +61.8k +61,844
64 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 240,593240.6k $20.3m $20.3m 0.01% Added +3.8k +3,842
65 TD Waterhouse Canada Inc. 0.06% of their portfolio TORONTO, A6 232,173232.2k $20.0m $20.0m 0.06% Added +14.3k +14,294
66 Allen Investment Management, LLC 0.24% of their portfolio NEW YORK, NY 228,436228.4k $19.3m $19.3m 0.24% Added +77.0k +76,995
67 STRS OHIO 0.08% of their portfolio COLUMBUS, OH 226,103226.1k $19.1m $19.1m 0.08% Reduced -50.0k -50,000
68 Granite Bay Wealth Management, LLC 3.98% of their portfolio PORTSMOUTH, NH 221,248221.2k $18.7m $18.7m 3.98% Added +6.5k +6,532
69 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 211,927211.9k $17.9m $17.9m 0.00% Added +170.3k +170,318
70 Baker Avenue Asset Management, LP 0.40% of their portfolio SAN FRANCISCO, CA 210,479210.5k $17.8m $17.8m 0.40% Added +756 +756
71 Provida Pension Fund Administrator 0.29% of their portfolio LAS CONDES, SANTIAGO, F3 207,518207.5k $17.5m $17.5m 0.29% Reduced -495.9k -495,880
72 Barry Investment Advisors, LLC 3.78% of their portfolio NEW BEDFORD, MA 202,852202.9k $17.1m $17.1m 3.78% Added +570 +570
73 PRUDENTIAL PLC 0.13% of their portfolio LONDON, X0 201,130201.1k $17.0m $17.0m 0.13% Reduced -13.0k -12,970
74 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 190,100190.1k $16.1m $16.1m 0.01% Added +124.5k +124,539
75 Purpose Unlimited Inc. 0.66% of their portfolio TORONTO, A6 188,732188.7k $15.9m $15.9m 0.66% Added +68.4k +68,377
76 Summit Financial, LLC 0.20% of their portfolio PARSIPPANY, NJ 188,392188.4k $15.9m $15.9m 0.20% Reduced -2.8k -2,764
77 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.59% of their portfolio BOSTON, MA 184,019184.0k $15.5m $15.5m 0.59% Reduced -28.7k -28,662
78 Polianta Ltd 2.02% of their portfolio ST HELIER, Y9 180,400180.4k $15.2m $15.2m 2.02% Reduced -49.1k -49,100
79 Coastline Trust Co 1.51% of their portfolio PROVIDENCE, RI 179,894179.9k $15.2m $15.2m 1.51% Added +2.3k +2,265
80 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 176,146176.1k $14.4m $14.4m 0.01% Added +157.7k +157,700
81 YOUSIF CAPITAL MANAGEMENT, LLC 0.17% of their portfolio BLOOMFIELD HILLS, MI 174,754174.8k $14.8m $14.8m 0.17% Reduced -59.3k -59,251
82 NorthCoast Asset Management LLC 0.33% of their portfolio STAMFORD, CT 166,332166.3k $14.0m $14.0m 0.33% Reduced -379 -379
83 DUPONT CAPITAL MANAGEMENT CORP 1.57% of their portfolio Wilmington, DE 163,117163.1k $13.8m $13.8m 1.57% New
84 ELEMENT POINTE ADVISORS, LLC 2.53% of their portfolio MIAMI, FL 158,946158.9k $13.4m $13.4m 2.53% Added +14.3k +14,282
85 EFG International AG 0.27% of their portfolio Zurich, V8 151,196151.2k $12.8m $12.8m 0.27% Reduced -12.6k -12,624
86 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 150,600150.6k $12.7m $12.7m 0.00% Added +17.9k +17,949
87 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 148,115148.1k $12.5m $12.5m 0.01% Added +18.1k +18,086
88 Johns Hopkins University 0.90% of their portfolio BALTIMORE, MD 146,318146.3k $12.4m $12.4m 0.90% Unchanged
89 Portland Global Advisors LLC 1.28% of their portfolio PORTLAND, ME 141,781141.8k $12.0m $12.0m 1.28% Added +1.6k +1,553
90 Sanctuary Advisors, LLC 0.06% of their portfolio INDIANAPOLIS, IN 141,143141.1k $11.9m $11.9m 0.06% Added +33.9k +33,923
91 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 140,389140.4k $10.5m $10.5m 0.01% Reduced -215.8k -215,789
92 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 139,254139.3k $11.8m $11.8m 0.04% Reduced -9.0k -9,044
93 Azimuth Capital Investment Management LLC 0.42% of their portfolio BLOOMFIELD HILLS, MI 130,725130.7k $11.0m $11.0m 0.42% Added +5.6k +5,580
94 ZACKS INVESTMENT MANAGEMENT 0.09% of their portfolio Chicago, IL 129,715129.7k $11.0m $11.0m 0.09% Added +40.8k +40,816
95 PARK AVENUE SECURITIES LLC 0.09% of their portfolio NEW YORK, NY 129,614129.6k $10.9m $10.9m 0.09% Added +42.5k +42,531
96 Americana Partners, LLC 0.28% of their portfolio Houston, TX 126,973127.0k $10.7m $10.7m 0.28% Added +4.7k +4,739
97 Global Endowment Management, LP 1.16% of their portfolio CHARLOTTE, NC 123,377123.4k $10.4m $10.4m 1.16% Added +10.8k +10,796
98 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 123,250123.2k $10.4m $10.4m 0.01% Added +421 +421
99 Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio SEOUL, M5 123,053123.1k $10.4m $10.4m 0.03% Added +16.0k +16,015
100 Strategic Wealth Partners, Ltd. 0.72% of their portfolio INDEPENDENCE, OH 122,883122.9k $10.4m $10.4m 0.72% Added +7.2k +7,154