Who owns iShares MSCI Emerging Markets ETF (EEM)
Which tracked institutional funds hold EEM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See EEM company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on EEM is one-sided between 2026-Q1 and 2026-Q2: 633 added or opened and 185 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
EEM’s largest tracked holder by dollar value, BARCLAYS PLC, sizes it at 20.3% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 20.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in EEM divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 1596 tracked filers holding EEM, 728 increased or opened the position and 730 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in EEM between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 49
- USA FINANCIAL FORMULAS$61M
- CAPITOLIS LIQUID GLOBAL MARKETS LLC$49M
- MIZUHO MARKETS AMERICAS LLC$49M
- MEITAV INVESTMENT HOUSE LTD$46M
- STANSBERRY ASSET MANAGEMENT, LLC$21M
- Kaydan Wealth Management, Inc.$16M
Full exits 96
- Clal Insurance Enterprises Holdings Ltd$252M
- ACADIAN ASSET MANAGEMENT LLC$199M
- SIH Partners, LLLP$132M
- Absolute Gestao de Investimentos Ltda.$117M
- Ilmarinen Mutual Pension Insurance Co$88M
- Qube Research & Technologies Ltd$88M
Largest adds
- BARCLAYS PLC$23.2B
- MORGAN STANLEY$718M
- BANK OF AMERICA CORP /DE/$670M
- BlackRock, Inc.$420M
- GOLDMAN SACHS GROUP INC$317M
- JPMORGAN CHASE & CO$265M
Largest trims
- ROYAL BANK OF CANADA$244M
- Board of Trustees of The Leland Stanford Junior University$143M
- Jain Global LLC$112M
- MILLENNIUM MANAGEMENT LLC$99M
- BNP PARIBAS FINANCIAL MARKETS$88M
- Vontobel Holding Ltd.$64M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BARCLAYS PLC added | 939,833,340 | $64.3B | 77.7% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 40,796,593 | $2.8B | 3.4% | 2026-Q2 |
| MORGAN STANLEY added | 38,612,778 | $2.6B | 3.2% | 2026-Q2 |
| BlackRock, Inc. added | 19,096,026 | $1.3B | 1.6% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 13,964,117 | $955M | 1.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 12,400,465 | $848M | 1.0% | 2026-Q2 |
| UBS Group AG added | 11,560,552 | $791M | 1.0% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 11,207,326 | $756M | 0.9% | 2026-Q2 |
| Retirement Systems of Alabama | 9,131,302 | $625M | 0.8% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 6,052,375 | $414M | 0.5% | 2026-Q2 |
| Board of Trustees of The Leland Stanford Junior University trimmed | 5,406,282 | $370M | 0.4% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 4,650,417 | $318M | 0.4% | 2026-Q2 |
| LPL Financial LLC added | 4,535,368 | $310M | 0.4% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 4,415,489 | $302M | 0.4% | 2026-Q2 |
| Bank of New York Mellon Corp added | 3,924,398 | $268M | 0.3% | 2026-Q2 |
| CITIGROUP INC trimmed | 3,873,362 | $265M | 0.3% | 2026-Q2 |
| US BANCORP \DE\ added | 3,374,039 | $231M | 0.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 2,704,404 | $185M | 0.2% | 2026-Q2 |
| BANK OF NOVA SCOTIA added | 2,555,879 | $175M | 0.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 2,511,063 | $172M | 0.2% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 2,480,428 | $170M | 0.2% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 2,399,630 | $164M | 0.2% | 2026-Q2 |
| Hirtle & Co., LLC trimmed | 1,887,366 | $129M | 0.2% | 2026-Q2 |
| Greenfield FTC, Inc. added | 1,880,531 | $129M | 0.2% | 2026-Q2 |
| Cassaday & Co Wealth Management LLC trimmed | 1,814,769 | $124M | 0.2% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 1,782,907 | $122M | 0.1% | 2026-Q2 |
| Mariner, LLC added | 1,777,002 | $122M | 0.1% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 1,638,280 | $112M | 0.1% | 2026-Q2 |
| GREENLEAF TRUST trimmed | 1,379,059 | $94M | 0.1% | 2026-Q2 |
| REGIONS FINANCIAL CORP trimmed | 1,376,167 | $94M | 0.1% | 2026-Q2 |
| TOTAL INVESTMENT MANAGEMENT INC trimmed | 1,309,112 | $84M | 0.1% | 2026-Q2 |
| Sand Hill Global Advisors, LLC added | 1,279,350 | $88M | 0.1% | 2026-Q2 |
| Jain Global LLC trimmed | 1,250,889 | $86M | 0.1% | 2026-Q2 |
| Cetera Investment Advisers added | 1,212,678 | $83M | 0.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 1,209,998 | $83M | 0.1% | 2026-Q2 |
| FMR LLC added | 1,205,822 | $82M | 0.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 1,205,299 | $82M | 0.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 1,161,244 | $79M | 0.1% | 2026-Q2 |
| Squarepoint Ops LLC added | 1,152,899 | $79M | 0.1% | 2026-Q2 |
| HALBERT HARGROVE GLOBAL ADVISORS, LLC trimmed | 1,056,615 | $72M | 0.1% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL added | 1,016,061 | $70M | 0.1% | 2026-Q2 |
| KEYBANK NATIONAL ASSOCIATION/OH added | 973,583 | $67M | 0.1% | 2026-Q2 |
| CONNABLE OFFICE INC trimmed | 960,965 | $66M | 0.1% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 946,843 | $65M | 0.1% | 2026-Q2 |
| ALLSTATE CORP trimmed | 925,445 | $63M | 0.1% | 2026-Q2 |
| USA FINANCIAL FORMULAS new | 889,999 | $61M | 0.1% | 2026-Q2 |
| CIBC Bancorp USA Inc. added | 885,916 | $61M | 0.1% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 883,797 | $60M | 0.1% | 2026-Q2 |
| Focus Partners Wealth added | 881,298 | $60M | 0.1% | 2026-Q2 |
| Phoenix Financial Ltd. added | 880,828 | $60M | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 852,504 | $58M | 0.1% | 2026-Q2 |
| Wilmington Savings Fund Society, FSB added | 817,183 | $56M | 0.1% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC added | 816,454 | $56M | 0.1% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 802,767 | $55M | 0.1% | 2026-Q2 |
| Erste Asset Management GmbH trimmed | 797,119 | $49M | 0.1% | 2026-Q2 |
| Corient Private Wealth LP trimmed | 790,896 | $54M | 0.1% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 769,883 | $53M | 0.1% | 2026-Q2 |
| Koss-Olinger Consulting, LLC added | 743,148 | $51M | 0.1% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 726,259 | $50M | 0.1% | 2026-Q2 |
| Creative Planning trimmed | 718,199 | $49M | 0.1% | 2026-Q2 |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC new | 718,000 | $49M | 0.1% | 2026-Q2 |
| MIZUHO MARKETS AMERICAS LLC new | 713,800 | $49M | 0.1% | 2026-Q2 |
| M&T Bank Corp trimmed | 707,423 | $48M | 0.1% | 2026-Q2 |
| Mitsubishi UFJ Trust & Banking Corp trimmed | 703,371 | $48M | 0.1% | 2026-Q2 |
| Nearwater Capital Markets, Ltd added | 700,000 | $48M | 0.1% | 2026-Q2 |
| MEITAV INVESTMENT HOUSE LTD new | 677,257 | $46M | 0.1% | 2026-Q2 |
| First Western Trust Bank added | 660,248 | $45M | 0.1% | 2026-Q2 |
| Man Group plc added | 628,800 | $43M | 0.1% | 2026-Q2 |
| Provenance Wealth Advisors, LLC trimmed | 627,008 | $43M | 0.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 613,201 | $42M | 0.1% | 2026-Q2 |
| CAPSTONE INVESTMENT ADVISORS, LLC trimmed | 605,065 | $41M | 0.1% | 2026-Q2 |
| WESTWOOD HOLDINGS GROUP INC added | 585,604 | $40M | 0.0% | 2026-Q2 |
| New Harbor Financial Group, LLC added | 583,206 | $40M | 0.0% | 2026-Q2 |
| SEI INVESTMENTS CO added | 582,678 | $40M | 0.0% | 2026-Q2 |
| PRUDENTIAL PLC added | 564,350 | $39M | 0.0% | 2026-Q2 |
| HWG Holdings LP added | 558,040 | $38M | 0.0% | 2026-Q2 |
| AMARILLO NATIONAL BANK added | 547,167 | $37M | 0.0% | 2026-Q2 |
| Checchi Capital Advisers, LLC trimmed | 544,579 | $37M | 0.0% | 2026-Q2 |
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC added | 531,185 | $36M | 0.0% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC added | 531,015 | $36M | 0.0% | 2026-Q2 |
| Beirne Wealth Consulting Services, LLC added | 526,196 | $36M | 0.0% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 520,563 | $36M | 0.0% | 2026-Q2 |
| Baird Financial Group, Inc. added | 520,252 | $36M | 0.0% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 508,280 | $35M | 0.0% | 2026-Q2 |
| COMMERCE BANK trimmed | 495,439 | $34M | 0.0% | 2026-Q2 |
| Quent Capital, LLC trimmed | 495,204 | $34M | 0.0% | 2026-Q2 |
| GLENMEDE TRUST CO NA added | 493,039 | $34M | 0.0% | 2026-Q2 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 481,363 | $33M | 0.0% | 2026-Q2 |
| Itau Unibanco Holding S.A. trimmed | 470,600 | $32M | 0.0% | 2026-Q2 |
| HSBC HOLDINGS PLC trimmed | 468,107 | $32M | 0.0% | 2026-Q2 |
| Concurrent Investment Advisors, LLC added | 466,139 | $32M | 0.0% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 456,874 | $28M | 0.0% | 2026-Q2 |
| EFG International AG added | 442,311 | $30M | 0.0% | 2026-Q2 |
| Cerity Partners LLC added | 437,620 | $30M | 0.0% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 435,970 | $30M | 0.0% | 2026-Q2 |
| COLDSTREAM CAPITAL MANAGEMENT INC trimmed | 433,242 | $30M | 0.0% | 2026-Q2 |
| Banco Santander, S.A. trimmed | 430,192 | $29M | 0.0% | 2026-Q2 |
| Atria Investments, Inc added | 425,396 | $29M | 0.0% | 2026-Q2 |
| Allianz SE added | 424,056 | $29M | 0.0% | 2026-Q2 |
| WIT, LLC | 412,144 | $28M | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.