Vault-13

ISHARES INC EWI

MSCI ITALY ETF · ETP · CUSIP 46434G830

105 institutional holders +1 vs Q1 2025
7,733,6497.7m shares reported held*
$372.1mreported value*
22 new 32 added 37 reduced 22 sold out net bought ≈ $92.4m (+1.9m 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. Holder counts are more reliable. Implied quarter-end price ≈ $48.12. Options: 0 managers hold calls (— notional), 3 hold puts ($791.1k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 49Q4 22: 57Q1 23: 75Q2 23: 87Q3 23: 76Q4 23: 77Q1 24: 92Q2 24: 93Q3 24: 96Q4 24: 96Q1 25: 104Q2 25: 105105Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202249
Q4 202257
Q1 202375
Q2 202387
Q3 202376
Q4 202377
Q1 202492
Q2 202493
Q3 202496
Q4 202496
Q1 2025104
Q2 2025105

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 36 bought or addedQ3 23: 46 cut or sold outQ4 23: 32 bought or addedQ4 23: 36 cut or sold outQ4 23Q1 24: 48 bought or addedQ1 24: 35 cut or sold outQ2 24: 50 bought or addedQ2 24: 44 cut or sold outQ2 24Q3 24: 53 bought or addedQ3 24: 41 cut or sold outQ4 24: 38 bought or addedQ4 24: 57 cut or sold outQ4 24Q1 25: 44 bought or addedQ1 25: 54 cut or sold outQ2 25: 54 bought or addedQ2 25: 59 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20233646
Q4 20233236
Q1 20244835
Q2 20245044
Q3 20245341
Q4 20243857
Q1 20254454
Q2 20255459

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ3 24 calls: $35.1kQ3 24 puts: $370.1kQ3 24P/C 10.56Q4 24 calls: $248.2kQ4 24 puts: $557.5kQ4 24P/C 2.25Q1 25 calls: $761.8kQ1 25 puts: $1.4mQ1 25P/C 1.81Q2 25 calls: $0Q2 25 puts: $791.1kQ2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$35.1k$370.1k10.56
Q4 2024$248.2k$557.5k2.25
Q1 2025$761.8k$1.4m1.81
Q2 2025$0$791.1k—

Biggest buyers

BANCO BILBAO VIZCAYA ARGENTARIA, S.A. New +958,577+958.6k
BlackRock, Inc. Added +815,666+815.7k
Tradewinds Capital Management, LLC Added +631,740+631.7k
SCHRODER INVESTMENT MANAGEMENT GROUP New +395,000+395.0k
D. E. Shaw & Co., Inc. New +152,547+152.5k
AMERIPRISE FINANCIAL INC Added +139,088+139.1k
Arlington Capital Management, Inc. New +80,413+80.4k
Prostatis Group LLC New +64,116+64.1k
ROYAL BANK OF CANADA Added +59,160+59.2k
NAPA WEALTH MANAGEMENT New +54,474+54.5k

Biggest sellers

MANUFACTURERS LIFE INSURANCE COMPANY, THE Sold out -1,001,644-1.0m
Thrivent Financial for Lutherans Sold out -133,138-133.1k
JANE STREET GROUP, LLC Sold out -77,664-77.7k
RENAISSANCE TECHNOLOGIES LLC Reduced -71,300-71.3k
UBS Group AG Reduced -59,560-59.6k
BANK OF AMERICA CORP /DE/ Reduced -46,581-46.6k
MORGAN STANLEY Reduced -38,343-38.3k
MARSHALL WACE, LLP Sold out -37,531-37.5k
Hilltop Holdings Inc. Sold out -36,303-36.3k
CITADEL ADVISORS LLC Reduced -34,474-34.5k

Biggest calls

None

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $428.4k8.9k shares
CITADEL ADVISORS LLC Reduced $255.1k5.3k shares
Baker Avenue Asset Management, LP New $107.5k125.0k 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 +3.3 pts · filed 2026-10-27 34.1% +3.3 pts 6.8m≈ $404.7m 2026-10-27

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.42% of their portfolio Madrid, U3 958,577958.6k $46.0m $46.0m 0.42% New
2 BlackRock, Inc. 0.00% of their portfolio New York, NY 876,715876.7k $42.2m $42.2m 0.00% Added +815.7k +815,666
3 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 710,888710.9k $34.2m $34.2m 0.01% Added +139.1k +139,088
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 655,307655.3k $31.5m $31.5m 0.00% Reduced -38.3k -38,343
5 Tradewinds Capital Management, LLC 7.65% of their portfolio BELLINGHAM, WA 631,742631.7k $30.4m $30.4m 7.65% Added +631.7k +631,740
6 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 396,300396.3k $19.1m $19.1m 0.01% Added +47.6k +47,640
7 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 395,000395.0k $18.9m $18.9m 0.02% New
8 CIBC WORLD MARKET INC. 0.03% of their portfolio TORONTO, A6 248,232248.2k $11.9m $11.9m 0.03% Added +844 +844
9 Moran Wealth Management, LLC 0.33% of their portfolio NAPLES, FL 217,954218.0k $10.5m $10.5m 0.33% Reduced -522 -522
10 Adams Wealth Management 1.77% of their portfolio LOGAN, UT 193,588193.6k $9.3m $9.3m 1.77% Reduced -21.1k -21,090
11 CacheTech Inc. 1.72% of their portfolio LOGAN, UT 193,588193.6k $9.3m $9.3m 1.72% Reduced -21.1k -21,090
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 179,894179.9k $8.7m $8.7m 0.00% Reduced -59.6k -59,560
13 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 155,619155.6k $7.5m $7.5m 0.00% Reduced -46.6k -46,581
14 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 152,547152.5k $7.3m $7.3m 0.01% New
15 Trek Financial, LLC 0.41% of their portfolio Scottsdale, AZ 127,591127.6k $6.1m $6.1m 0.41% Added +2.5k +2,489
16 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 95,02495.0k $4.6m $4.6m 0.04% Reduced -25.9k -25,900
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 87,90087.9k $4.2m $4.2m 0.00% Added +59.2k +59,160
18 Arlington Capital Management, Inc. 3.36% of their portfolio ARLINGTON HEIGHTS, IL 80,41380.4k $3.9m $3.9m 3.36% New
19 Monument Capital Management 0.97% of their portfolio ALEXANDRIA, VA 77,13977.1k $3.7m $3.7m 0.97% Added +573 +573
20 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 69,86769.9k $3.4m $3.4m 0.00% Reduced -22.8k -22,801
21 Nilsine Partners, LLC 0.32% of their portfolio GREENWOOD VILLAGE, CO 65,65665.7k $3.2m $3.2m 0.32% Added +684 +684
22 BlueStem Wealth Partners, LLC 0.38% of their portfolio MINNETONKA, MN 64,66964.7k $3.1m $3.1m 0.38% Reduced -6.0k -6,018
23 Prostatis Group LLC 0.88% of their portfolio HANOVER, MD 64,11664.1k $3.1m $3.1m 0.88% New
24 NAPA WEALTH MANAGEMENT 1.25% of their portfolio Napa, CA 54,47454.5k $2.6m $2.6m 1.25% New
25 INNEALTA CAPITAL, LLC 1.29% of their portfolio AUSTIN, TX 50,61650.6k $2.4m $2.4m 1.29% Added +19.7k +19,669
26 Sepio Capital, LP 0.17% of their portfolio Salt Lake City, UT 49,93449.9k $2.4m $2.4m 0.17% Reduced -3.2k -3,192
27 VestGen Advisors, LLC 0.10% of their portfolio CHICAGO, IL 49,70049.7k $2.4m $2.4m 0.10% New
28 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 49,53549.5k $2.4m $2.4m 0.00% Added +5.7k +5,699
29 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 44,56744.6k $2.1m $2.1m 0.01% Added +178 +178
30 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 41,41541.4k $2.0m $2.0m 0.00% Added +41.4k +41,411
31 ABC ARBITRAGE SA 0.20% of their portfolio PARIS, I0 37,05437.1k $1.8m $1.8m 0.20% New
32 Strategic Financial Partners, Ltd. 0.83% of their portfolio Bend, OR 37,04037.0k $1.8m $1.8m 0.83% Added +7.4k +7,428
33 NewSquare Capital LLC 0.13% of their portfolio NEWTOWN SQUARE, PA 36,84636.8k $1.8m $1.8m 0.13% Reduced -1.2k -1,176
34 PLANWISER FINANCIAL, LLC 1.29% of their portfolio COLORADO SPRINGS, CO 31,11231.1k $1.5m $1.5m 1.29% Added +7.3k +7,330
35 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 30,48330.5k $1.5m $1.5m 0.01% Reduced -7.8k -7,823
36 Mariner, LLC 0.00% of their portfolio Overland Park, KS 25,75725.8k $1.2m $1.2m 0.00% Added +15.1k +15,082
37 Onyx Bridge Wealth Group LLC 0.16% of their portfolio TARRYTOWN, NY 24,39024.4k $1.2m $1.2m 0.16% Added +4.0k +4,031
38 CONTRAVISORY INVESTMENT MANAGEMENT, INC. 0.23% of their portfolio Norwell, MA 24,10424.1k $1.2m $1.2m 0.23% Reduced -131 -131
39 BENJAMIN EDWARDS INC 0.01% of their portfolio Clayton, MO 24,09524.1k $1.2m $1.2m 0.01% New
40 Legacy Capital Group California, Inc. 0.32% of their portfolio LOS GATOS, CA 23,86823.9k $1.1m $1.1m 0.32% Reduced -119 -119
41 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 23,77023.8k $1.1m $1.1m 0.00% Reduced -20.6k -20,596
42 MONTAG A & ASSOCIATES INC 0.06% of their portfolio ATLANTA, GA 23,66823.7k $1.1m $1.1m 0.06% New
43 Fifth Third Securities, Inc. 0.08% of their portfolio Cincinnati, OH 21,10021.1k $1.0m $1.0m 0.08% New
44 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 21,04721.0k $1.0m $1.0m 0.00% Added +36 +36
45 Brueske Advisory Services, LLC 0.66% of their portfolio Bellevue, WA 20,15520.2k $970.3k $970.3k 0.66% Added +5.4k +5,382
46 ZACKS INVESTMENT MANAGEMENT 0.01% of their portfolio Chicago, IL 18,98019.0k $913.7k $913.7k 0.01% Reduced -269 -269
47 Mount Lucas Management LP 0.38% of their portfolio Newtown, PA 16,38416.4k $788.7k $788.7k 0.38% Reduced -2.8k -2,793
48 Idaho Trust Co 0.28% of their portfolio BOISE, ID 16,37816.4k $788.3k $788.3k 0.28% Reduced -3.3k -3,270
49 Arrow Investment Advisors, LLC 0.66% of their portfolio LAUREL, MD 14,09614.1k $678.6k $678.6k 0.66% Reduced -1.1k -1,145
50 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 13,50013.5k $649.9k $649.9k 0.00% Reduced -71.3k -71,300
51 Cobblestone Asset Management LLC 0.32% of their portfolio RICHMOND, VA 12,66112.7k $609.5k $609.5k 0.32% New
52 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 12,02112.0k $578.7k $578.7k 0.00% New
53 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 11,42311.4k $549.9k $549.9k 0.00% Reduced -34.5k -34,474
54 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 10,55510.6k $508.1k $508.1k 0.00% Added +3.6k +3,608
55 HOLLENCREST CAPITAL MANAGEMENT 0.02% of their portfolio NEWPORT BEACH, CA 10,00010.0k $481.4k $481.4k 0.02% Unchanged
56 Global Endowment Management, LP 0.06% of their portfolio CHARLOTTE, NC 10,00010.0k $481.4k $481.4k 0.06% Unchanged
57 KKM Financial LLC 0.15% of their portfolio CHICAGO, IL 9,2249.2k $444.0k $444.0k 0.15% Reduced -152 -152
58 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 8,7598.8k $422.0k $422.0k 0.00% Added +1.5k +1,503
59 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 8,5368.5k $410.9k $410.9k 0.00% Added +1.7k +1,730
60 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 8,1418.1k $391.9k $391.9k 0.00% Reduced -13.6k -13,571
61 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 7,7077.7k $371.0k $371.0k 0.00% Added +556 +556
62 Hudson Portfolio Management LLC 0.33% of their portfolio Garrison, NY 7,3007.3k $351.4k $351.4k 0.33% Unchanged
63 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 7,2917.3k $351.0k $351.0k 0.00% Reduced -106 -106
64 Kaizen Financial Strategies 0.18% of their portfolio CAMPBELL, CA 7,2007.2k $346.6k $346.6k 0.18% New
65 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 7,1967.2k $346.4k $346.4k 0.00% Reduced -67 -67
66 Hilltop Partners LLC 0.10% of their portfolio MISHAWAKA, IN 6,9166.9k $332.9k $332.9k 0.10% Added +84 +84
67 Cyndeo Wealth Partners, LLC 0.02% of their portfolio ST. PETERSBURG, FL 6,6026.6k $317.8k $317.8k 0.02% Reduced -276 -276
68 SHAYNE & JACOBS, LLC 0.10% of their portfolio NASHVILLE, TN 5,9736.0k $287.5k $287.5k 0.10% Reduced -8.6k -8,583
69 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 5,8625.9k $282.2k $282.2k 0.00% Added +259 +259
70 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 5,8005.8k $279.2k $279.2k 0.00% Unchanged
71 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 5,5905.6k $269.1k $269.1k 0.00% Reduced -246 -246
72 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 5,1915.2k $249.9k $249.9k 0.00% Reduced -8.8k -8,761
73 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 5,0005.0k $240.7k $240.7k 0.00% New
74 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 3,9844.0k $191.8k $191.8k 0.00% New
75 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 3,3073.3k $159.0k $159.0k 0.00% Added +2.6k +2,597
76 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 3,0963.1k $149.0k $149.0k 0.00% Added +2.5k +2,471
77 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 2,7982.8k $134.7k $134.7k 0.00% First filing
78 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 2,0202.0k $97.2k $97.2k 0.00% Unchanged
79 FMR LLC 0.00% of their portfolio BOSTON, MA 1,9181.9k $92.3k $92.3k 0.00% Added +1.0k +1,045
80 SSA SWISS ADVISORS AG 0.04% of their portfolio ZURICH, V8 1,5441.5k $77.0k $77.0k 0.04% Reduced -2.0k -2,046
81 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 1,3671.4k $65.8k $65.8k 0.00% Added +400 +400
82 Riggs Asset Managment Co. Inc. 0.02% of their portfolio DALLAS, PA 1,3211.3k $63.6k $63.6k 0.02% New
83 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 841841 $40.5k $40.5k 0.00% Reduced -1.3k -1,321
84 COMERICA BANK 0.00% of their portfolio DALLAS, TX 798798 $38.4k $38.4k 0.00% Added +31 +31
85 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 728728 $35.0k $35.0k 0.00% Added +572 +572
86 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 544544 $26.2k $26.2k 0.00% Unchanged
87 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 299299 $14.4k $14.4k 0.00% Unchanged
88 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 292292 $14.1k $14.1k 0.00% Reduced -4.4k -4,369
89 Bellwether Advisors, LLC 0.00% of their portfolio LINCOLN, NE 219219 $10.5k $10.5k 0.00% New
90 Grove Bank & Trust 0.00% of their portfolio Miami, FL 200200 $9.6k $9.6k 0.00% New
91 CX Institutional 0.00% of their portfolio AUBURN, IN 186186 $9.0k $9.0k 0.00% Unchanged
92 Headlands Technologies LLC 0.00% of their portfolio CHICAGO, IL 164164 $7.9k $7.9k 0.00% New
93 PHILLIPS FINANCIAL MANAGEMENT, LLC 0.00% of their portfolio FORT WAYNE, IN 111111 $5.3k $5.3k 0.00% New
94 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 103103 $5.0k $5.0k 0.00% Reduced -4 -4
95 CWM, LLC 0.00% of their portfolio OMAHA, NE 101101 $5.0k $5.0k 0.00% Reduced -154 -154
96 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 6868 $3.3k $3.3k 0.00% Unchanged
97 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 6565 $3.1k $3.1k 0.00% Unchanged
98 ELEVATION POINT WEALTH PARTNERS, LLC 0.00% of their portfolio DENVER, CO 6363 $3.0k $3.0k 0.00% New
99 Breakwater Investment Management 0.00% of their portfolio SEATTLE, WA 5050 $2.4k $2.4k 0.00% Unchanged
100 Founders Capital Management 0.00% of their portfolio HOUSTON, TX 3737 $1.8k $1.8k 0.00% Unchanged