Who owns EWZ (EWZ)
Which tracked institutional funds hold EWZ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See EWZ company fundamentals →
Ownership as of the 2026-Q1 13F filings. 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
191 tracked funds added or opened EWZ while 65 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
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
EWZ’s largest tracked holder by dollar value, MORGAN STANLEY, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.4% of theirs — a 0.3pp gap the other way — the median holder sizes EWZ more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in EWZ 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 2025-Q4 and 2026-Q1, across 411 tracked filers holding EWZ, 272 increased or opened the position and 149 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 EWZ between the 2025-Q4 and 2026-Q1 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 67
- Brevan Howard Capital Management LP$118M
- BESSEMER GROUP INC$109M
- PointState Capital LP$93M
- NWI MANAGEMENT LP$71M
- Varma Mutual Pension Insurance Co$69M
- Temasek Holdings (Private) Ltd$41M
Full exits 26
- Optiver Holding B.V.$246M
- Rokos Capital Management LLP$201M
- NAN FUNG TRINITY (HK) LTD$64M
- Quadrature Capital Ltd$23M
- CAPITAL FUND MANAGEMENT S.A.$22M
- TUDOR INVESTMENT CORP ET AL$19M
Largest adds
- MORGAN STANLEY$481M
- BANK OF NOVA SCOTIA$210M
- Allspring Global Investments Holdings, LLC$119M
- MILLENNIUM MANAGEMENT LLC$115M
- SG Americas Securities, LLC$80M
- Jain Global LLC$58M
Largest trims
- CITADEL ADVISORS LLC$72M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$53M
- BANK OF AMERICA CORP /DE/$35M
- MKP Capital Management, L.L.C.$31M
- State of Tennessee, Department of Treasury$29M
- Man Group plc$18M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| MORGAN STANLEY added | 20,629,642 | $792M | 13.1% | 2026-Q1 |
| UBS Group AG trimmed | 8,301,567 | $319M | 5.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 6,445,418 | $247M | 4.1% | 2026-Q1 |
| State of Tennessee, Department of Treasury trimmed | 5,932,713 | $228M | 3.8% | 2026-Q1 |
| BANK OF NOVA SCOTIA added | 5,507,028 | $211M | 3.5% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 4,494,721 | $173M | 2.9% | 2026-Q1 |
| Duquesne Family Office LLC trimmed | 3,436,170 | $132M | 2.2% | 2026-Q1 |
| Phoenix Financial Ltd. | 3,237,000 | $124M | 2.1% | 2026-Q1 |
| Allspring Global Investments Holdings, LLC added | 3,119,561 | $120M | 2.0% | 2026-Q1 |
| Brevan Howard Capital Management LP added | 3,070,495 | $118M | 2.0% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 3,021,100 | $116M | 1.9% | 2026-Q1 |
| BESSEMER GROUP INC added | 2,832,322 | $109M | 1.8% | 2026-Q1 |
| FIL Ltd added | 2,519,499 | $97M | 1.6% | 2026-Q1 |
| Jain Global LLC added | 2,473,287 | $95M | 1.6% | 2026-Q1 |
| PointState Capital LP trimmed | 2,422,975 | $93M | 1.5% | 2026-Q1 |
| SG Americas Securities, LLC added | 2,344,250 | $90M | 1.5% | 2026-Q1 |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. added | 2,347,600 | $89M | 1.5% | 2026-Q1 |
| NWI MANAGEMENT LP added | 1,860,000 | $71M | 1.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,829,809 | $70M | 1.2% | 2026-Q1 |
| BlackRock, Inc. added | 1,822,908 | $70M | 1.2% | 2026-Q1 |
| Varma Mutual Pension Insurance Co trimmed | 1,800,550 | $69M | 1.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 1,741,599 | $67M | 1.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 1,636,421 | $63M | 1.0% | 2026-Q1 |
| Squarepoint Ops LLC added | 1,627,782 | $62M | 1.0% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,698,673 | $62M | 1.0% | 2026-Q1 |
| Rafferty Asset Management, LLC added | 1,625,304 | $62M | 1.0% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 1,526,500 | $59M | 1.0% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 1,233,152 | $47M | 0.8% | 2026-Q1 |
| OLD MISSION CAPITAL LLC trimmed | 1,173,424 | $45M | 0.7% | 2026-Q1 |
| BARCLAYS PLC added | 1,162,858 | $45M | 0.7% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 1,156,793 | $44M | 0.7% | 2026-Q1 |
| Korea Investment CORP | 1,131,674 | $43M | 0.7% | 2026-Q1 |
| CAXTON ASSOCIATES LLP added | 1,131,111 | $43M | 0.7% | 2026-Q1 |
| Bank Julius Baer & Co. Ltd, Zurich added | 1,115,399 | $43M | 0.7% | 2026-Q1 |
| Temasek Holdings (Private) Ltd trimmed | 1,076,815 | $41M | 0.7% | 2026-Q1 |
| MKP Capital Management, L.L.C. trimmed | 1,073,000 | $41M | 0.7% | 2026-Q1 |
| Itau Unibanco Holding S.A. added | 1,042,309 | $40M | 0.7% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 989,300 | $38M | 0.6% | 2026-Q1 |
| HighTower Advisors, LLC added | 968,043 | $37M | 0.6% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 946,679 | $36M | 0.6% | 2026-Q1 |
| Absolute Gestao de Investimentos Ltda. added | 939,581 | $36M | 0.6% | 2026-Q1 |
| CITIGROUP INC trimmed | 910,063 | $35M | 0.6% | 2026-Q1 |
| Randolph Co Inc new | 869,770 | $33M | 0.6% | 2026-Q1 |
| LPL Financial LLC added | 826,630 | $32M | 0.5% | 2026-Q1 |
| Man Group plc trimmed | 811,450 | $31M | 0.5% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 834,408 | $30M | 0.5% | 2026-Q1 |
| Banco BTG Pactual S.A. added | 751,073 | $29M | 0.5% | 2026-Q1 |
| ARMSTRONG ADVISORY GROUP, INC trimmed | 732,490 | $28M | 0.5% | 2026-Q1 |
| Hamilton Wealth, LLC added | 680,850 | $26M | 0.4% | 2026-Q1 |
| HWG Holdings LP added | 655,349 | $25M | 0.4% | 2026-Q1 |
| Millburn Ridgefield LLC /DE/ trimmed | 651,868 | $25M | 0.4% | 2026-Q1 |
| Catalyst Capital Advisors LLC trimmed | 651,868 | $25M | 0.4% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 594,260 | $23M | 0.4% | 2026-Q1 |
| GROUP ONE TRADING LLC added | 572,376 | $22M | 0.4% | 2026-Q1 |
| Verition Fund Management LLC added | 566,450 | $22M | 0.4% | 2026-Q1 |
| Mount Lucas Management LP added | 547,564 | $21M | 0.3% | 2026-Q1 |
| Parallax Volatility Advisers, L.P. added | 532,801 | $20M | 0.3% | 2026-Q1 |
| ARP Global Capital Ltd new | 529,848 | $20M | 0.3% | 2026-Q1 |
| Corecam Pte. Ltd. added | 512,460 | $20M | 0.3% | 2026-Q1 |
| SPX Gestao de Recursos Ltda trimmed | 493,168 | $19M | 0.3% | 2026-Q1 |
| Graham Capital Management, L.P. added | 467,477 | $18M | 0.3% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec added | 455,839 | $17M | 0.3% | 2026-Q1 |
| Cercano Management LLC trimmed | 434,521 | $17M | 0.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 433,570 | $17M | 0.3% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ added | 400,702 | $15M | 0.3% | 2026-Q1 |
| Pekin Hardy Strauss, Inc. added | 398,900 | $15M | 0.3% | 2026-Q1 |
| VPR Management LLC trimmed | 393,400 | $15M | 0.3% | 2026-Q1 |
| Jordan Park Group LLC new | 327,849 | $15M | 0.2% | 2026-Q1 |
| Capital Markets Trading UK LLP added | 368,850 | $14M | 0.2% | 2026-Q1 |
| Black Swift Group, LLC trimmed | 363,270 | $14M | 0.2% | 2026-Q1 |
| Moran Wealth Management, LLC added | 356,584 | $14M | 0.2% | 2026-Q1 |
| EVERGREEN CAPITAL MANAGEMENT LLC added | 342,613 | $13M | 0.2% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 335,500 | $13M | 0.2% | 2026-Q1 |
| Thrivent Financial for Lutherans trimmed | 312,495 | $12M | 0.2% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 320,000 | $12M | 0.2% | 2026-Q1 |
| Truxt Investmentos Ltda. added | 291,554 | $11M | 0.2% | 2026-Q1 |
| Cairn Investment Group, Inc. trimmed | 284,790 | $11M | 0.2% | 2026-Q1 |
| Whitcomb & Hess, Inc. trimmed | 280,458 | $11M | 0.2% | 2026-Q1 |
| Invesco Ltd. added | 276,438 | $11M | 0.2% | 2026-Q1 |
| Glenorchy Capital Ltd added | 266,027 | $10M | 0.2% | 2026-Q1 |
| ALTFEST L J & CO INC added | 259,547 | $10M | 0.2% | 2026-Q1 |
| Karpus Management, Inc. added | 253,399 | $10M | 0.2% | 2026-Q1 |
| Optiver Holding B.V. added | 7,748,654 | $246M | 4.1% | 2025-Q4 stale |
| Rokos Capital Management LLP added | 6,316,451 | $201M | 3.3% | 2025-Q4 stale |
| Gemsstock Ltd. new | 3,377,800 | $97M | 1.6% | 2025-Q2 stale |
| NAN FUNG TRINITY (HK) LTD | 2,005,000 | $64M | 1.1% | 2025-Q4 stale |
| JANE STREET GROUP, LLC added | 2,002,990 | $62M | 1.0% | 2025-Q3 stale |
| Quadrature Capital Ltd trimmed | 738,901 | $23M | 0.4% | 2025-Q4 stale |
| CAPITAL FUND MANAGEMENT S.A. trimmed | 679,231 | $22M | 0.4% | 2025-Q4 stale |
| Eisler Capital Management Ltd. added | 625,155 | $19M | 0.3% | 2025-Q3 stale |
| TUDOR INVESTMENT CORP ET AL trimmed | 606,390 | $19M | 0.3% | 2025-Q4 stale |
| MANCHESTER FINANCIAL INC new | 719,206 | $19M | 0.3% | 2025-Q1 stale |
| STATE OF MICHIGAN RETIREMENT SYSTEM new | 538,350 | $17M | 0.3% | 2025-Q3 stale |
| ADAPT Investment Managers SA trimmed | 542,176 | $14M | 0.2% | 2025-Q1 stale |
| PRUDENTIAL PLC added | 523,800 | $14M | 0.2% | 2025-Q1 stale |
| Polar Asset Management Partners Inc. added | 358,900 | $11M | 0.2% | 2025-Q3 stale |
| D. E. Shaw & Co., Inc. added | 366,834 | $11M | 0.2% | 2025-Q2 stale |
| Pureheart Capital Pte Ltd. new | 348,000 | $10M | 0.2% | 2025-Q2 stale |
| Cubist Systematic Strategies, LLC added | 308,656 | $10M | 0.2% | 2025-Q3 stale |
| Anthracite Investment Company, Inc. trimmed | 327,000 | $9M | 0.2% | 2025-Q2 stale |
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.