Vault-13

ISHARES INC EWI

MSCI ITALY ETF · ETP · CUSIP 46434G830

109 institutional holders +4 vs Q2 2025
10,541,85810.5m shares reported held*
$547.4mreported value*
20 new 37 added 33 reduced 16 sold out net bought ≈ $145.7m (+2.8m 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 ($2.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $51.92. Options: 1 managers hold calls ($353.3k notional), 0 hold puts (—).

Trends to Q3 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: 105Q3 25: 109109Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 2025109

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 32 bought or addedQ4 23: 36 cut or sold outQ1 24: 48 bought or addedQ1 24: 35 cut or sold outQ1 24Q2 24: 50 bought or addedQ2 24: 44 cut or sold outQ3 24: 53 bought or addedQ3 24: 41 cut or sold outQ3 24Q4 24: 38 bought or addedQ4 24: 57 cut or sold outQ1 25: 44 bought or addedQ1 25: 54 cut or sold outQ1 25Q2 25: 54 bought or addedQ2 25: 59 cut or sold outQ3 25: 57 bought or addedQ3 25: 49 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20233236
Q1 20244835
Q2 20245044
Q3 20245341
Q4 20243857
Q1 20254454
Q2 20255459
Q3 20255749

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ4 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 —Q3 25 calls: $353.3kQ3 25 puts: $0Q3 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2024$248.2k$557.5k2.25
Q1 2025$761.8k$1.4m1.81
Q2 2025$0$791.1k—
Q3 2025$353.3k$00.00

Biggest buyers

HSBC HOLDINGS PLC New +3,162,677+3.2m
JANE STREET GROUP, LLC New +226,444+226.4k
PRINCIPAL FINANCIAL GROUP INC New +197,105+197.1k
Ocean Park Asset Management, LLC New +135,257+135.3k
Thrivent Financial for Lutherans New +129,442+129.4k
DRW Securities, LLC New +117,707+117.7k
JPMORGAN CHASE & CO Added +84,942+84.9k
Tradewinds Capital Management, LLC Added +73,052+73.1k
New Vernon Capital Holdings II LLC New +63,914+63.9k
MORGAN STANLEY Added +39,806+39.8k

Biggest sellers

BANCO BILBAO VIZCAYA ARGENTARIA, S.A. Reduced -622,814-622.8k
LPL Financial LLC Reduced -172,017-172.0k
Trek Financial, LLC Sold out -127,591-127.6k
BANK OF AMERICA CORP /DE/ Reduced -100,377-100.4k
AMERIPRISE FINANCIAL INC Reduced -81,638-81.6k
D. E. Shaw & Co., Inc. Reduced -67,410-67.4k
ROYAL BANK OF CANADA Reduced -60,473-60.5k
NAPA WEALTH MANAGEMENT Sold out -54,474-54.5k
Qube Research & Technologies Ltd Sold out -41,415-41.4k
Adams Wealth Management Reduced -40,570-40.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $353.3k6.8k shares

Biggest puts

None

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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 HSBC HOLDINGS PLC 0.10% of their portfolio LONDON, X0 3,162,6773.2m $164.3m $164.3m 0.10% New
2 BlackRock, Inc. 0.00% of their portfolio New York, NY 842,769842.8k $43.8m $43.8m 0.00% Reduced -33.9k -33,946
3 Tradewinds Capital Management, LLC 8.23% of their portfolio BELLINGHAM, WA 704,794704.8k $36.6m $36.6m 8.23% Added +73.1k +73,052
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 695,113695.1k $36.1m $36.1m 0.00% Added +39.8k +39,806
5 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 629,250629.2k $32.7m $32.7m 0.01% Reduced -81.6k -81,638
6 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 411,000411.0k $21.2m $21.2m 0.02% Added +16.0k +16,000
7 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.13% of their portfolio Madrid, U3 335,763335.8k $17.4m $17.4m 0.13% Reduced -622.8k -622,814
8 CIBC WORLD MARKET INC. 0.03% of their portfolio TORONTO, A6 248,166248.2k $12.9m $12.9m 0.03% Reduced -66 -66
9 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 226,444226.4k $11.8m $11.8m 0.01% New
10 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 224,283224.3k $11.7m $11.7m 0.00% Reduced -172.0k -172,017
11 Moran Wealth Management, LLC 0.34% of their portfolio NAPLES, FL 218,777218.8k $11.4m $11.4m 0.34% Added +823 +823
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 199,037199.0k $10.3m $10.3m 0.00% Added +19.1k +19,143
13 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 197,105197.1k $10.2m $10.2m 0.01% New
14 Adams Wealth Management 1.70% of their portfolio LOGAN, UT 153,018153.0k $7.9m $7.9m 1.70% Reduced -40.6k -40,570
15 CacheTech Inc. 1.60% of their portfolio LOGAN, UT 153,018153.0k $7.9m $7.9m 1.60% Reduced -40.6k -40,570
16 Ocean Park Asset Management, LLC 0.29% of their portfolio SANTA MONICA, CA 135,257135.3k $7.0m $7.0m 0.29% New
17 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 129,442129.4k $6.7m $6.7m 0.01% New
18 DRW Securities, LLC 0.32% of their portfolio CHICAGO, IL 117,707117.7k $6.1m $6.1m 0.32% New
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 108,712108.7k $5.6m $5.6m 0.00% Added +84.9k +84,942
20 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 88,85488.9k $4.6m $4.6m 0.03% Reduced -6.2k -6,170
21 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 85,13785.1k $4.4m $4.4m 0.00% Reduced -67.4k -67,410
22 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 79,81079.8k $4.1m $4.1m 0.00% Added +9.9k +9,943
23 Monument Capital Management 0.93% of their portfolio ALEXANDRIA, VA 71,55871.6k $3.7m $3.7m 0.93% Reduced -5.6k -5,581
24 Prostatis Group LLC 0.88% of their portfolio HANOVER, MD 67,38567.4k $3.5m $3.5m 0.88% Added +3.3k +3,269
25 BlueStem Wealth Partners, LLC 0.39% of their portfolio MINNETONKA, MN 64,75364.8k $3.4m $3.4m 0.39% Added +84 +84
26 New Vernon Capital Holdings II LLC 1.53% of their portfolio Morristown, NJ 63,91463.9k $3.3m $3.3m 1.53% New
27 Nilsine Partners, LLC 0.30% of their portfolio GREENWOOD VILLAGE, CO 63,60863.6k $3.3m $3.3m 0.30% Reduced -2.0k -2,048
28 Arlington Capital Management, Inc. 2.00% of their portfolio ARLINGTON HEIGHTS, IL 60,16460.2k $3.1m $3.1m 2.00% Reduced -20.2k -20,249
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 55,24255.2k $2.9m $2.9m 0.00% Reduced -100.4k -100,377
30 VestGen Advisors, LLC 0.09% of their portfolio CHICAGO, IL 54,44554.4k $2.8m $2.8m 0.09% Added +4.7k +4,745
31 MONTAG A & ASSOCIATES INC 0.12% of their portfolio ATLANTA, GA 51,96052.0k $2.7m $2.7m 0.12% Added +28.3k +28,292
32 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 51,14451.1k $2.7m $2.7m 0.00% Added +1.6k +1,609
33 Sepio Capital, LP 0.15% of their portfolio Salt Lake City, UT 49,95050.0k $2.6m $2.6m 0.15% Added +16 +16
34 INNEALTA CAPITAL, LLC 1.26% of their portfolio AUSTIN, TX 48,52548.5k $2.5m $2.5m 1.26% Reduced -2.1k -2,091
35 NewSquare Capital LLC 0.14% of their portfolio NEWTOWN SQUARE, PA 38,36638.4k $2.0m $2.0m 0.14% Added +1.5k +1,520
36 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 37,74837.7k $2.0m $2.0m 0.01% Reduced -6.8k -6,819
37 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 33,71033.7k $1.8m $1.8m 0.00% Added +22.3k +22,287
38 Onyx Bridge Wealth Group LLC 0.16% of their portfolio TARRYTOWN, NY 28,87128.9k $1.5m $1.5m 0.16% Added +4.5k +4,481
39 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 27,42727.4k $1.4m $1.4m 0.00% Reduced -60.5k -60,473
40 Mariner, LLC 0.00% of their portfolio Overland Park, KS 27,28127.3k $1.4m $1.4m 0.00% Added +1.5k +1,524
41 BENJAMIN EDWARDS INC 0.02% of their portfolio Clayton, MO 27,03127.0k $1.4m $1.4m 0.02% Added +2.9k +2,936
42 CONTRAVISORY INVESTMENT MANAGEMENT, INC. 0.25% of their portfolio Norwell, MA 25,14725.1k $1.3m $1.3m 0.25% Added +1.0k +1,043
43 Legacy Capital Group California, Inc. 0.33% of their portfolio LOS GATOS, CA 24,91124.9k $1.3m $1.3m 0.33% Added +1.0k +1,043
44 ZACKS INVESTMENT MANAGEMENT 0.01% of their portfolio Chicago, IL 22,70822.7k $1.2m $1.2m 0.01% Added +3.7k +3,728
45 DAVENPORT & Co LLC 0.01% of their portfolio RICHMOND, VA 22,05022.1k $1.1m $1.1m 0.01% New
46 Brueske Advisory Services, LLC 0.60% of their portfolio Bellevue, WA 21,02221.0k $1.1m $1.1m 0.60% Added +867 +867
47 Daiichi Life Group, Inc. 0.99% of their portfolio TOKYO, M0 19,90019.9k $1.0m $1.0m 0.99% New
48 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 18,77418.8k $975.3k $975.3k 0.01% Reduced -11.7k -11,709
49 Mount Lucas Management LP 0.38% of their portfolio Newtown, PA 16,01516.0k $832.0k $832.0k 0.38% Reduced -369 -369
50 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 15,96916.0k $817.9k $817.9k 0.00% Added +5.4k +5,414
51 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 14,57214.6k $688.2k $688.2k 0.00% Added +6.9k +6,865
52 Idaho Trust Co 0.25% of their portfolio BOISE, ID 14,42714.4k $749.5k $749.5k 0.25% Reduced -2.0k -1,951
53 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 14,05414.1k $730.1k $730.1k 0.00% Added +2.0k +2,033
54 Cobblestone Asset Management LLC 0.29% of their portfolio RICHMOND, VA 12,38312.4k $643.3k $643.3k 0.29% Reduced -278 -278
55 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 11,30011.3k $587.0k $587.0k 0.00% Reduced -2.2k -2,200
56 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 11,12611.1k $578.0k $578.0k 0.00% Added +2.6k +2,590
57 Arrow Investment Advisors, LLC 0.58% of their portfolio LAUREL, MD 10,14610.1k $527.1k $527.1k 0.58% Reduced -4.0k -3,950
58 HOLLENCREST CAPITAL MANAGEMENT 0.02% of their portfolio NEWPORT BEACH, CA 10,00010.0k $519.5k $519.5k 0.02% Unchanged
59 Global Endowment Management, LP 0.07% of their portfolio CHARLOTTE, NC 10,00010.0k $519.5k $519.5k 0.07% Unchanged
60 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 10,00010.0k $519.5k $519.5k 0.00% Added +5.0k +5,000
61 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 9,4149.4k $489.1k $489.1k 0.00% Added +2.1k +2,123
62 SSA SWISS ADVISORS AG 0.23% of their portfolio ZURICH, V8 9,3339.3k $485.4k $485.4k 0.23% Added +7.8k +7,789
63 KKM Financial LLC 0.15% of their portfolio CHICAGO, IL 9,2409.2k $480.0k $480.0k 0.15% Added +16 +16
64 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 8,8158.8k $457.0k $457.0k 0.00% New
65 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 7,9277.9k $412.0k $412.0k 0.00% Reduced -832 -832
66 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 7,8097.8k $405.7k $405.7k 0.00% Added +2.6k +2,618
67 Kaizen Financial Strategies 0.18% of their portfolio CAMPBELL, CA 7,8007.8k $403.6k $403.6k 0.18% Added +600 +600
68 Hudson Portfolio Management LLC 0.34% of their portfolio Garrison, NY 7,3007.3k $379.2k $379.2k 0.34% Unchanged
69 Global Assets Advisory, LLC 0.11% of their portfolio ORLANDO, FL 7,2747.3k $377.9k $377.9k 0.11% New
70 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 7,1997.2k $374.0k $374.0k 0.00% Added +3 +3
71 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 7,0197.0k $365.0k $365.0k 0.00% Reduced -14.0k -14,028
72 Hilltop Partners LLC 0.11% of their portfolio MISHAWAKA, IN 6,8326.8k $354.9k $354.9k 0.11% Reduced -84 -84
73 Cyndeo Wealth Partners, LLC 0.02% of their portfolio ST. PETERSBURG, FL 6,1056.1k $317.2k $317.2k 0.02% Reduced -497 -497
74 SHAYNE & JACOBS, LLC 0.10% of their portfolio NASHVILLE, TN 5,9736.0k $310.3k $310.3k 0.10% Unchanged
75 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 5,9185.9k $307.4k $307.4k 0.00% Added +328 +328
76 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 5,8005.8k $301.3k $301.3k 0.00% Unchanged
77 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 5,5115.5k $286.3k $286.3k 0.00% New
78 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 5,4725.5k $284.3k $284.3k 0.00% Reduced -390 -390
79 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 5,2555.3k $273.0k $273.0k 0.01% New
80 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 4,7704.8k $247.8k $247.8k 0.00% Added +1.7k +1,674
81 Caprock Group, LLC 0.01% of their portfolio BOISE, ID 4,1314.1k $210.9k $210.9k 0.01% First filing
82 TRUST CO OF OKLAHOMA 0.06% of their portfolio TULSA, OK 3,9203.9k $203.6k $203.6k 0.06% New
83 BFI Infinity Ltd. 0.13% of their portfolio ZURICH, V8 3,9043.9k $202.8k $202.8k 0.13% New
84 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 3,4433.4k $178.9k $178.9k 0.00% New
85 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 2,7042.7k $140.5k $140.5k 0.00% Reduced -94 -94
86 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 2,0202.0k $104.9k $104.9k 0.00% Unchanged
87 FMR LLC 0.00% of their portfolio BOSTON, MA 1,9071.9k $99.1k $99.1k 0.00% Reduced -11 -11
88 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 1,3671.4k $71.0k $71.0k 0.00% Unchanged
89 COMERICA BANK 0.00% of their portfolio DALLAS, TX 755755 $39.2k $39.2k 0.00% Reduced -43 -43
90 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 544544 $28.3k $28.3k 0.00% Unchanged
91 Caitlin John, LLC 0.02% of their portfolio BRIGHTON, MI 532532 $27.6k $27.6k 0.02% New
92 Strategic Advocates LLC 0.00% of their portfolio SACRAMENTO, CA 354354 $18.4k $18.4k 0.00% New
93 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 299299 $15.5k $15.5k 0.00% Unchanged
94 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 279279 $14.5k $14.5k 0.00% Reduced -562 -562
95 Grove Bank & Trust 0.00% of their portfolio Miami, FL 200200 $10.4k $10.4k 0.00% Unchanged
96 CX Institutional 0.00% of their portfolio AUBURN, IN 186186 $10.0k $10.0k 0.00% Unchanged
97 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 172172 $8.9k $8.9k 0.00% Added +147 +147
98 PHILLIPS FINANCIAL MANAGEMENT, LLC 0.00% of their portfolio FORT WAYNE, IN 111111 $5.8k $5.8k 0.00% Unchanged
99 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 104104 $5.4k $5.4k 0.00% New
100 CWM, LLC 0.00% of their portfolio OMAHA, NE 101101 $5.0k $5.0k 0.00% Unchanged