Who owns iShares MSCI Brazil ETF (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-Q2 13F filings (latest filed 2026-09-02). 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
90 tracked funds added or opened EWZ while 161 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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 0.1% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.1pp 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 2026-Q1 and 2026-Q2, across 381 tracked filers holding EWZ, 217 increased or opened the position and 212 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 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 35
- Schonfeld Strategic Advisors LLC$323M
- CAPITOLIS LIQUID GLOBAL MARKETS LLC$284M
- D. E. Shaw & Co., Inc.$246M
- Nearwater Capital Markets, Ltd$128M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$123M
- MEITAV INVESTMENT HOUSE LTD$86M
Full exits 65
- Brevan Howard Capital Management LP$118M
- BESSEMER GROUP INC$109M
- PointState Capital LP$93M
- Provida Pension Fund Administrator$92M
- SG Americas Securities, LLC$90M
- NWI MANAGEMENT LP$71M
Largest adds
- GOLDMAN SACHS GROUP INC$411M
- MORGAN STANLEY$194M
- BANK OF AMERICA CORP /DE/$97M
- Turim 21 Investimentos Ltda.$89M
- NATIONAL BANK OF CANADA /FI/$85M
- CITIGROUP INC$60M
Largest trims
- BANK OF NOVA SCOTIA$191M
- Allspring Global Investments Holdings, LLC$119M
- MILLENNIUM MANAGEMENT LLC$114M
- UBS Group AG$83M
- BANCO BILBAO VIZCAYA ARGENTARIA, S.A.$55M
- BANK OF MONTREAL /CAN/$55M
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 |
|---|---|---|---|---|
| MORGAN STANLEY added | 28,566,289 | $986M | 16.7% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 19,097,171 | $659M | 11.2% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC added | 9,366,387 | $323M | 5.5% | 2026-Q2 |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC new | 8,220,400 | $284M | 4.8% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 7,120,968 | $246M | 4.2% | 2026-Q2 |
| UBS Group AG trimmed | 6,836,651 | $236M | 4.0% | 2026-Q2 |
| State of Tennessee, Department of Treasury trimmed | 5,133,240 | $177M | 3.0% | 2026-Q2 |
| Phoenix Financial Ltd. added | 4,992,000 | $172M | 2.9% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 4,853,862 | $167M | 2.8% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 3,750,911 | $129M | 2.2% | 2026-Q2 |
| Nearwater Capital Markets, Ltd new | 3,700,000 | $128M | 2.2% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 3,571,651 | $123M | 2.1% | 2026-Q2 |
| Duquesne Family Office LLC | 3,436,170 | $119M | 2.0% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 2,913,587 | $101M | 1.7% | 2026-Q2 |
| CITIGROUP INC added | 2,742,147 | $95M | 1.6% | 2026-Q2 |
| Turim 21 Investimentos Ltda. added | 2,602,639 | $90M | 1.5% | 2026-Q2 |
| MEITAV INVESTMENT HOUSE LTD new | 2,479,247 | $86M | 1.5% | 2026-Q2 |
| FIL Ltd trimmed | 2,369,083 | $82M | 1.4% | 2026-Q2 |
| Itau Unibanco Holding S.A. added | 2,105,599 | $73M | 1.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 2,049,100 | $71M | 1.2% | 2026-Q2 |
| CIBC Bancorp USA Inc. new | 1,937,500 | $67M | 1.1% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP added | 1,797,317 | $62M | 1.1% | 2026-Q2 |
| BARCLAYS PLC added | 1,683,832 | $58M | 1.0% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 1,524,854 | $53M | 0.9% | 2026-Q2 |
| Jain Global LLC trimmed | 1,499,775 | $52M | 0.9% | 2026-Q2 |
| Rafferty Asset Management, LLC trimmed | 1,374,194 | $47M | 0.8% | 2026-Q2 |
| DRW Securities, LLC added | 1,337,430 | $46M | 0.8% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 1,301,606 | $45M | 0.8% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 1,229,628 | $42M | 0.7% | 2026-Q2 |
| Bank Julius Baer & Co. Ltd, Zurich added | 1,201,545 | $42M | 0.7% | 2026-Q2 |
| Banco BTG Pactual S.A. added | 1,115,073 | $38M | 0.7% | 2026-Q2 |
| MKP Capital Management, L.L.C. trimmed | 1,010,000 | $35M | 0.6% | 2026-Q2 |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. trimmed | 975,646 | $34M | 0.6% | 2026-Q2 |
| Randolph Co Inc trimmed | 868,566 | $30M | 0.5% | 2026-Q2 |
| MARSHALL WACE, LLP added | 860,254 | $30M | 0.5% | 2026-Q2 |
| LPL Financial LLC added | 852,090 | $29M | 0.5% | 2026-Q2 |
| Korea Investment CORP trimmed | 837,993 | $29M | 0.5% | 2026-Q2 |
| Optiver Holding B.V. trimmed | 825,156 | $28M | 0.5% | 2026-Q2 |
| ARMSTRONG ADVISORY GROUP, INC added | 755,740 | $26M | 0.4% | 2026-Q2 |
| CAPSTONE INVESTMENT ADVISORS, LLC added | 748,291 | $26M | 0.4% | 2026-Q2 |
| Millburn Ridgefield LLC /DE/ added | 735,538 | $25M | 0.4% | 2026-Q2 |
| Catalyst Capital Advisors LLC added | 735,538 | $25M | 0.4% | 2026-Q2 |
| BlackRock, Inc. trimmed | 730,738 | $25M | 0.4% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 697,268 | $24M | 0.4% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 688,884 | $24M | 0.4% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 679,737 | $23M | 0.4% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 644,853 | $22M | 0.4% | 2026-Q2 |
| Verition Fund Management LLC added | 638,080 | $22M | 0.4% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 621,384 | $21M | 0.4% | 2026-Q2 |
| BANK OF NOVA SCOTIA trimmed | 602,788 | $21M | 0.4% | 2026-Q2 |
| Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD new | 592,275 | $20M | 0.3% | 2026-Q2 |
| SPX Gestao de Recursos Ltda added | 581,348 | $20M | 0.3% | 2026-Q2 |
| Jump Financial, LLC new | 562,390 | $19M | 0.3% | 2026-Q2 |
| Corecam Pte. Ltd. added | 561,885 | $19M | 0.3% | 2026-Q2 |
| Mount Lucas Management LP added | 550,366 | $19M | 0.3% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 529,503 | $18M | 0.3% | 2026-Q2 |
| Graham Capital Management, L.P. trimmed | 462,000 | $16M | 0.3% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec trimmed | 438,879 | $15M | 0.3% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 438,672 | $15M | 0.3% | 2026-Q2 |
| Banco Santander, S.A. added | 434,317 | $15M | 0.3% | 2026-Q2 |
| Black Swift Group, LLC added | 410,341 | $14M | 0.2% | 2026-Q2 |
| Pekin Hardy Strauss, Inc. added | 409,503 | $14M | 0.2% | 2026-Q2 |
| VPR Management LLC | 393,400 | $14M | 0.2% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 367,100 | $13M | 0.2% | 2026-Q2 |
| Moran Wealth Management, LLC added | 364,938 | $13M | 0.2% | 2026-Q2 |
| EVERGREEN CAPITAL MANAGEMENT LLC added | 343,958 | $12M | 0.2% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 311,007 | $11M | 0.2% | 2026-Q2 |
| Hamilton Wealth, LLC trimmed | 290,320 | $10M | 0.2% | 2026-Q2 |
| Massar Capital Management, LP added | 287,932 | $10M | 0.2% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 287,678 | $10M | 0.2% | 2026-Q2 |
| Whitcomb & Hess, Inc. added | 287,501 | $10M | 0.2% | 2026-Q2 |
| Glenorchy Capital Ltd added | 268,876 | $9M | 0.2% | 2026-Q2 |
| Karpus Management, Inc. added | 261,401 | $9M | 0.2% | 2026-Q2 |
| Atom Investors LP added | 234,771 | $8M | 0.1% | 2026-Q2 |
| Invesco Ltd. trimmed | 233,390 | $8M | 0.1% | 2026-Q2 |
| Corecam AG added | 232,150 | $8M | 0.1% | 2026-Q2 |
| LOOMIS SAYLES & CO L P added | 231,793 | $8M | 0.1% | 2026-Q2 |
| Nilsine Partners, LLC added | 228,895 | $8M | 0.1% | 2026-Q2 |
| Kiker Wealth Management, LLC trimmed | 204,148 | $7M | 0.1% | 2026-Q2 |
| Man Group plc trimmed | 203,311 | $7M | 0.1% | 2026-Q2 |
| Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD new | 199,725 | $7M | 0.1% | 2026-Q2 |
| STRS OHIO trimmed | 196,369 | $7M | 0.1% | 2026-Q2 |
| Marex Group Ltd added | 189,007 | $7M | 0.1% | 2026-Q2 |
| Jordan Park Group LLC trimmed | 187,950 | $6M | 0.1% | 2026-Q2 |
| Y-Intercept (Hong Kong) Ltd added | 185,297 | $6M | 0.1% | 2026-Q2 |
| Ted Buchan & Co added | 185,084 | $6M | 0.1% | 2026-Q2 |
| NewSquare Capital LLC added | 181,076 | $6M | 0.1% | 2026-Q2 |
| PING CAPITAL MANAGEMENT, INC. | 177,800 | $6M | 0.1% | 2026-Q2 |
| GROUP ONE TRADING LLC trimmed | 174,068 | $6M | 0.1% | 2026-Q2 |
| Financial Sense Advisors, Inc. new | 158,751 | $5M | 0.1% | 2026-Q2 |
| Cypress Capital Group added | 158,697 | $5M | 0.1% | 2026-Q2 |
| Waverly Advisors, LLC added | 153,870 | $5M | 0.1% | 2026-Q2 |
| Bleakley Financial Group, LLC added | 150,344 | $5M | 0.1% | 2026-Q2 |
| BANQUE PICTET & CIE SA | 141,115 | $5M | 0.1% | 2026-Q2 |
| CREDIT INDUSTRIEL ET COMMERCIAL added | 138,846 | $5M | 0.1% | 2026-Q2 |
| CIBC WORLD MARKET INC. trimmed | 138,519 | $5M | 0.1% | 2026-Q2 |
| FLAX POND CAPITAL, LLC | 135,793 | $5M | 0.1% | 2026-Q2 |
| Lido Advisors, LLC added | 126,462 | $4M | 0.1% | 2026-Q2 |
| Cercano Management LLC trimmed | 121,776 | $4M | 0.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 115,818 | $4M | 0.1% | 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.