DaveManuel.com · Institutional Ownership · Who Owns It
ISHARES TR (EEM)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
1,682
Reporting holders
$110.0B
Reported value
7.5%
Calls
12.5%
Puts
+22
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BARCLAYS PLC | $66.3B incl. $2.0B options CALL+PUT | 939,833,340 | 12.73% | 31q | +29.8%+$15.2B |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $3.3B incl. $3.3B options CALL+PUT | 35,347 | 0.26% | 31q | -91.9%-$37.7B |
| BANK OF AMERICA CORP /DE/ | $2.8B | 40,796,593 | 0.18% | 31q | +9.3%+$236.6M |
| MORGAN STANLEY | $2.6B | 38,612,778 | 0.14% | 35q | +14.0%+$324.1M |
| GOLDMAN SACHS GROUP INC | $2.4B incl. $1.5B options CALL+PUT | 12,400,465 | 0.21% | 31q | +32.6%+$588.4M |
| JANE STREET GROUP, LLC | $2.1B incl. $2.1B options CALL+PUT | 11,495 | 0.17% | 31q | +4.5%+$87.5M |
| UBS Group AG | $2.0B incl. $1.2B options CALL+PUT | 11,560,552 | 0.26% | 31q | +4.8%+$92.8M |
| WELLS FARGO & COMPANY/MN | $1.8B incl. $813.7M options CALL+PUT | 13,964,117 | 0.29% | 31q | +1.4%+$24.3M |
| CITIGROUP INC | $1.8B incl. $1.5B options CALL+PUT | 3,873,362 | 0.58% | 31q | -33.1%-$870.9M |
| MILLENNIUM MANAGEMENT LLC | $1.6B incl. $1.5B options CALL+PUT | 2,399,630 | 0.59% | 31q | -48.2%-$1.5B |
| CITADEL ADVISORS LLC | $1.4B CALL+PUT | options only | 0.16% | 31q | OPTIONS |
| BlackRock, Inc. | $1.4B incl. $56.8M options CALL | 19,096,026 | 0.02% | 8q | +10.8%+$132.6M |
| Allianz Asset Management GmbH | $826.7M incl. $821.2M options PUT | 81,478 | 0.67% | 16q | -45.9%-$700.2M |
| JPMORGAN CHASE & CO | $755.7M | 11,207,326 | 0.04% | 31q | +25.0%+$151.1M |
| BNP PARIBAS FINANCIAL MARKETS | $699.9M incl. $577.9M options CALL+PUT | 1,782,907 | 0.24% | 31q | -51.7%-$749.8M |
| TUDOR INVESTMENT CORP ET AL | $626.8M incl. $557.3M options CALL+PUT | 1,016,061 | 0.87% | 11q | +35.1%+$162.9M |
| Retirement Systems of Alabama | $624.7M | 9,131,302 | 1.88% | 31q | HELD |
| ADAPT Investment Managers SA | $615.7M CALL+PUT | options only | 4.90% | 3q | OPTIONS |
| Squarepoint Ops LLC | $587.9M incl. $509.0M options CALL+PUT | 1,152,899 | 0.65% | 14q | +76.4%+$254.6M |
| Jain Global LLC | $553.8M incl. $468.2M options CALL+PUT | 1,250,889 | 2.18% | 6q | -64.0%-$986.2M |
| Carrhae Capital LLP | $549.2M PUT | options only | 15.16% | new | OPTIONS |
| ROYAL BANK OF CANADA | $540.2M incl. $126.1M options CALL+PUT | 6,052,375 | 0.08% | 31q | -47.8%-$494.1M |
| NAYA CAPITAL MANAGEMENT UK LTD | $410.5M PUT | options only | 19.74% | new | OPTIONS |
| HSBC HOLDINGS PLC | $381.2M incl. $349.6M options CALL+PUT | 468,107 | 0.16% | 31q | -23.4%-$116.6M |
| Board of Trustees of The Leland Stanford Junior University | $369.8M | 5,406,282 | 69.38% | 9q | -40.2%-$248.3M |
| Clal Insurance Enterprises Holdings Ltd | $342.7M | 5,010,106 | 1.53% | 4q | +12.8%+$39.0M |
| BANK OF MONTREAL /CAN/ | $329.4M incl. $27.4M options CALL+PUT | 4,415,489 | 0.11% | 31q | -24.1%-$104.3M |
| PNC Financial Services Group, Inc. | $318.1M | 4,650,417 | 0.16% | 31q | +0.9%+$2.7M |
| LPL Financial LLC | $310.7M incl. $458.3K options PUT | 4,535,368 | 0.07% | 31q | +6.4%+$18.6M |
| Bank of New York Mellon Corp | $276.2M incl. $7.7M options CALL | 3,924,398 | 0.05% | 31q | +1.8%+$4.8M |
| CAPSTONE INVESTMENT ADVISORS, LLC | $273.2M incl. $231.8M options CALL+PUT | 605,065 | 0.51% | 31q | -17.0%-$55.9M |
| ACADIAN ASSET MANAGEMENT LLC | $249.5M | 3,647,515 | 0.30% | 19q | +4.2%+$10.1M |
| Parallax Volatility Advisers, L.P. | $232.1M CALL+PUT | options only | 0.39% | 31q | OPTIONS |
| US BANCORP \DE\ | $230.8M incl. $444 options PUT | 3,374,039 | 0.25% | 31q | +1.1%+$2.4M |
| ENVESTNET ASSET MANAGEMENT INC | $185.0M | 2,704,404 | 0.04% | 31q | +9.2%+$15.7M |
| BANK OF NOVA SCOTIA | $176.8M incl. $1.9M options PUT | 2,555,879 | 0.27% | 31q | +375.2%+$139.6M |
| Schonfeld Strategic Advisors LLC | $175.9M incl. $139.6M options CALL+PUT | 531,015 | 0.63% | 13q | +9061.7%+$174.0M |
| RAYMOND JAMES FINANCIAL INC | $171.9M incl. $149.5K options PUT | 2,511,063 | 0.05% | 7q | +16.2%+$24.0M |
| STATE OF WISCONSIN INVESTMENT BOARD | $169.7M | 2,480,428 | 0.34% | 24q | -1.9%-$3.3M |
| Walleye Trading LLC | $135.3M CALL+PUT | options only | 0.15% | 31q | OPTIONS |
| Hirtle & Co., LLC | $129.1M | 1,887,366 | 4.24% | 31q | -0.8%-$1.0M |
| Greenfield FTC, Inc. | $128.6M | 1,880,531 | 17.51% | 3q | +138.8%+$74.8M |
| Cassaday & Co Wealth Management LLC | $124.1M | 1,814,769 | 2.33% | 15q | -2.2%-$2.8M |
| Mariner, LLC | $121.6M | 1,777,002 | 0.13% | 31q | +17.0%+$17.6M |
| FIFTH THIRD BANCORP | $112.1M | 1,638,280 | 0.18% | 31q | +13.2%+$13.0M |
| ExodusPoint Capital Management, LP | $106.2M incl. $102.6M options CALL | 51,800 | 0.68% | 2q | HELD |
| Ilmarinen Mutual Pension Insurance Co | $105.5M | 1,542,754 | 0.71% | 6q | HELD |
| Passaic Partners LLC | $100.4M PUT | options only | 7.39% | 2q | OPTIONS |
| Kirkoswald Asset Management LLC | $99.5M CALL | options only | 8.14% | new | OPTIONS |
| HighTower Advisors, LLC | $97.0M | 1,418,146 | 0.09% | 31q | +6.8%+$6.2M |
| GREENLEAF TRUST | $94.3M | 1,379,059 | 0.91% | 31q | -6.1%-$6.1M |
| REGIONS FINANCIAL CORP | $94.1M | 1,376,167 | 0.56% | 31q | -3.6%-$3.5M |
| Sand Hill Global Advisors, LLC | $87.5M | 1,279,350 | 2.64% | 27q | +977.8%+$79.4M |
| TOTAL INVESTMENT MANAGEMENT INC | $83.9M | 1,309,112 | 8.85% | 14q | -16.0%-$15.9M |
| Cetera Investment Advisers | $83.0M | 1,212,678 | 0.08% | 31q | +1.2%+$1.0M |
| OSAIC HOLDINGS, INC. | $82.8M | 1,209,998 | 0.10% | 26q | +13.4%+$9.8M |
| FMR LLC | $82.5M | 1,205,822 | 0.00% | 31q | +4.7%+$3.7M |
| Rockefeller Capital Management L.P. | $82.5M | 1,205,299 | 0.13% | 31q | +7.7%+$5.9M |
| Cambridge Investment Research Advisors, Inc. | $80.6M | 1,177,478 | 0.09% | 31q | +216.6%+$55.1M |
| MARSHALL WACE, LLP | $80.0M incl. $68.6M options CALL+PUT | 167,260 | 0.06% | 14q | +148.2%+$47.8M |
| STIFEL FINANCIAL CORP | $79.4M | 1,161,244 | 0.07% | 31q | -8.9%-$7.8M |
| HALBERT HARGROVE GLOBAL ADVISORS, LLC | $72.3M | 1,056,615 | 3.13% | 29q | -2.9%-$2.1M |
| Calamos Advisors LLC | $68.3M PUT | options only | 0.23% | 8q | OPTIONS |
| KEYBANK NATIONAL ASSOCIATION/OH | $66.6M | 973,583 | 0.22% | 31q | HELD |
| CONNABLE OFFICE INC | $65.7M | 960,965 | 5.79% | 31q | -6.2%-$4.3M |
| NATIONAL BANK OF CANADA /FI/ | $64.8M | 946,843 | 0.05% | 19q | +10519.6%+$64.1M |
| SG Americas Securities, LLC | $63.6M | 929,275 | 0.04% | 31q | +225.7%+$44.1M |
| ALLSTATE CORP | $63.3M | 925,445 | 0.63% | 7q | -29.0%-$25.9M |
| USA FINANCIAL FORMULAS | $60.9M | 889,999 | 11.15% | new | FIRST |
| CIBC Bancorp USA Inc. | $60.6M | 885,916 | 0.07% | 3q | +11.7%+$6.4M |
| TRUIST FINANCIAL CORP | $60.5M | 883,797 | 0.07% | 31q | +6.5%+$3.7M |
| Focus Partners Wealth | $60.3M | 881,298 | 0.06% | 11q | +4.9%+$2.8M |
| Phoenix Financial Ltd. | $60.3M | 880,828 | 0.41% | 2q | HELD |
| DEUTSCHE BANK AG\ | $58.3M | 852,504 | 0.02% | 34q | +2.5%+$1.4M |
| TORONTO DOMINION BANK | $56.3M incl. $51.3M options CALL+PUT | 73,168 | 0.07% | 31q | -29.2%-$23.2M |
| Wilmington Savings Fund Society, FSB | $55.9M | 817,183 | 1.25% | 35q | +1.3%+$729.2K |
| LAZARD ASSET MANAGEMENT LLC | $55.9M | 816,454 | 0.08% | 46q | +879.7%+$50.2M |
| CAPTRUST FINANCIAL ADVISORS | $54.9M | 802,767 | 0.08% | 31q | -7.8%-$4.6M |
| OLD MISSION CAPITAL LLC | $54.6M CALL+PUT | options only | 0.87% | 7q | OPTIONS |
| Corient Private Wealth LP | $53.7M | 783,265 | 0.07% | 15q | -3.7%-$2.0M |
| NORTHERN TRUST CORP | $52.7M | 769,883 | 0.01% | 31q | -11.6%-$6.9M |
| Granite Bay Wealth Management, LLC | $52.0M | 759,524 | 4.79% | 7q | +91.0%+$24.8M |
| Koss-Olinger Consulting, LLC | $50.8M | 743,148 | 3.92% | 2q | +1130.3%+$46.7M |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $49.7M | 726,259 | 0.03% | 31q | +7.7%+$3.5M |
| Creative Planning | $49.1M | 718,199 | 0.03% | 31q | -2.7%-$1.3M |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC | $49.1M | 718,000 | 0.21% | new | NEW |
| Erste Asset Management GmbH | $49.0M | 797,119 | 0.38% | 31q | HELD |
| MIZUHO MARKETS AMERICAS LLC | $48.8M | 713,800 | 0.77% | new | NEW |
| Parkwood LLC | $48.6M | 710,000 | 3.48% | 2q | HELD |
| M&T Bank Corp | $48.4M | 707,423 | 0.14% | 26q | -2.7%-$1.4M |
| Mitsubishi UFJ Trust & Banking Corp | $48.1M | 703,371 | 0.11% | 25q | -4.9%-$2.5M |
| Nearwater Capital Markets, Ltd | $47.9M | 700,000 | 0.83% | 2q | +21.2%+$8.4M |
| Balyasny Asset Management L.P. | $47.4M incl. $23.5M options CALL+PUT | 349,321 | 0.06% | 18q | +33.7%+$11.9M |
| MEITAV INVESTMENT HOUSE LTD | $46.3M | 677,257 | 0.31% | new | NEW |
| First Western Trust Bank | $45.2M | 660,248 | 2.20% | 4q | +11.1%+$4.5M |
| Man Group plc | $43.0M | 628,800 | 0.07% | 11q | +91.1%+$20.5M |
| Provenance Wealth Advisors, LLC | $42.9M | 627,008 | 4.09% | 12q | HELD |
| COMMONWEALTH EQUITY SERVICES, LLC | $41.9M | 613,201 | 0.05% | 31q | +1.3%+$548.0K |
| Verition Fund Management LLC | $41.3M incl. $40.3M options CALL+PUT | 15,392 | 0.21% | 5q | HELD |
| HUNTINGTON NATIONAL BANK | $40.1M | 585,827 | 0.19% | 31q | -3.5%-$1.5M |
Showing the largest 100 of 1,683 reported holders. The count of 1,682 above leaves out 1 position whose reported value failed our price check; it is listed here as filed.
Q2 2026 in brief
In Q2 2026, 1,682 managers that file Form 13F reported holding Ishares Tr (EEM), $110.0B in all. 156 managers opened a position and 134 sold out completely, against 1,660 holders the quarter before. Largest holders: Barclays Plc, Susquehanna International Group, Llp and Bank Of America Corp /De/. Largest new positions: Carrhae Capital Llp ($549.2M), Naya Capital Management Uk Ltd ($410.5M) and Kirkoswald Asset Management Llc ($99.5M).
Q2 2026 is the latest quarter whose 13F deadline has passed. A 13F shows long US stock positions at quarter end, filed up to 45 days later; an adviser and a sub-adviser can both report the same shares.
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 666 | $2.3B | 32,377,055 | 45 | 167 | 197 | 7.3% |
| Q2 2026 | 1,682 | $110.0B | 1,287,073,478 | 132 | 508 | 526 | 20.0% |
| Q1 2026 | 1,660 | $85.5B | 1,069,387,648 | 201 | 545 | 429 | 29.0% |
| Q4 2025 | 1,554 | $37.3B | 322,795,113 | 131 | 477 | 434 | 52.7% |
| Q3 2025 | 1,439 | $46.0B | 324,778,436 | 128 | 383 | 424 | 62.3% |
| Q2 2025 | 1,378 | $37.5B | 317,251,709 | 135 | 390 | 445 | 59.2% |
| Q1 2025 | 1,333 | $34.1B | 307,154,796 | 84 | 341 | 499 | 60.7% |
| Q4 2024 | 1,360 | $36.7B | 332,685,543 | 86 | 392 | 410 | 62.1% |
| Q3 2024 | 1,308 | $51.9B | 361,268,733 | 97 | 309 | 464 | 68.1% |
| Q2 2024 | 1,295 | $46.0B | 403,585,590 | 81 | 323 | 513 | 62.6% |
| Q1 2024 | 1,297 | $44.8B | 493,507,797 | 78 | 285 | 568 | 54.8% |
| Q4 2023 | 1,336 | $35.4B | 435,481,270 | 92 | 380 | 491 | 50.5% |
| Q3 2023 | 1,303 | $32.8B | 411,574,111 | 61 | 290 | 512 | 52.3% |
| Q2 2023 | 1,348 | $33.4B | 452,436,891 | 75 | 371 | 512 | 46.4% |
| Q1 2023 | 1,340 | $35.8B | 521,721,142 | 115 | 376 | 471 | 42.2% |
| Q4 2022 | 1,341 | $33.0B | 493,602,490 | 152 | 357 | 551 | 43.3% |
| Q3 2022 | 1,215 | $560.7B | 22,517,931,477 | 86 | 322 | 498 | 3.8% |
| Q2 2022 | 1,291 | $639.9B | 21,707,575,118 | 85 | 387 | 502 | 2.4% |
| Q1 2022 | 1,315 | $764.2B | 23,045,305,763 | 77 | 343 | 520 | 2.8% |
| Q4 2021 | 1,413 | $815.5B | 20,780,141,110 | 102 | 447 | 402 | 4.6% |
| Q3 2021 | 1,308 | $831.6B | 22,673,422,306 | 77 | 329 | 463 | 4.5% |
| Q2 2021 | 1,363 | $253.8B | 8,037,561,579 | 91 | 412 | 428 | 18.9% |
| Q1 2021 | 1,376 | $892.4B | 19,571,267,910 | 135 | 452 | 410 | 5.6% |
| Q4 2020 | 1,341 | $1.2T | 22,132,462,612 | 161 | 414 | 367 | 25.1% |
| Q3 2020 | 1,170 | $1.5T | 18,253,404,389 | 106 | 249 | 470 | 54.0% |
| Q2 2020 | 1,131 | $1.4T | 20,102,413,566 | 102 | 226 | 594 | 54.0% |
| Q1 2020 | 1,166 | $1.2T | 20,864,171,379 | 94 | 307 | 546 | 54.6% |
| Q4 2019 | 1,357 | $728.5B | 21,073,694,765 | 131 | 374 | 434 | 3.0% |
| Q3 2019 | 1,177 | $1.3T | 20,362,408,900 | 63 | 263 | 522 | 49.0% |
| Q2 2019 | 1,231 | $139.1B | 23,410,063,468 | 84 | 365 | 469 | 19.2% |
| Q1 2019 | 1,254 | $1.4T | 22,345,777,030 | 127 | 401 | 448 | 46.7% |
| Q4 2018 | 1,226 | $692.8B | 20,729,805,541 | 12 | 25 | 22 | 2.6% |