iShares J.P. Morgan USD Emerging Markets Bond

EMB • NASDAQ

iShares J.P. Morgan USD Emerging Markets Bond is an exchange-traded fund on NASDAQ. As of Q3 2025, 869 institutional investors hold shares in this ETF, with total holdings valued at $12.8B. WELLS FARGO & COMPANY/MN is the largest holder with a position valued at $1.8B.

Overview

Overview of institutional ownership in EMB as of Q3 2025

All Institutions

Institutions: 869
Value Held: $12.8B
Shares Held: 134.8M
Avg Position: $14.7M
Median Position: $841.6K

Hedge Funds

Hedge Funds: 20
Value Held: $325.5M
Shares Held: 3.4M
Avg Position: $16.3M
Median Position: $3.1M

Biggest Investors

Institutions with the largest positions in EMB as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$1.8B 0.36% of portfolio	18.7M shares	≤ Q2 2013 Held for 12y 5m+	$488.50B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$1.1B 0.07% of portfolio	11.4M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
Betterment LLC RIA/Wealth	Sarah Kirshbaum Levy CEO	$639.9M 1.35% of portfolio	6.7M shares	Q4 2014 Held for 10y 11m	$47.3B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$522.3M 0.04% of portfolio	5.5M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$434.7M 0.13% of portfolio	4.6M shares	≤ Q2 2013 Held for 12y 5m+	$341.99B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$425.5M 0.03% of portfolio	4.5M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
A ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP Institution	-	$306.0M 13.53% of portfolio	3.2M shares	Q2 2017 Held for 8y 5m	$2.3B
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$300.6M 0.04% of portfolio	3.2M shares	≤ Q2 2013 Held for 12y 5m+	$691.34B
B BNP PARIBAS ARBITRAGE, SA Institution	-	$292.1M 0.23% of portfolio	3.1M shares	Q4 2013 Held for 11y 11m	$126.06B
B BlackRock, Inc. Institution	-	$269.2M 0.00% of portfolio	2.8M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T

Net Capital Flow

Institutional buying and selling activity for EMB in Q3 2025

Traded: +$1.5B
Buyers: 532
Sellers: 279
Total Bought: +$2.5B
Total Sold: −$932.5M
Avg Position: $13.8M

Biggest Buyers

Institution	Net Bought	Current Position
JPMORGAN CHASE & CO Institution	+$276.0M +2.9M shares	$1.1B 11.4M shares
J Japan Science & Technology Agency Institution	+$238.0M +2.5M shares	$238.0M 2.5M shares
BANK OF AMERICA CORP /DE/ Institution	+$148.7M +1.6M shares	$522.3M 5.5M shares
SONA ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$139.8M +1.5M shares	$139.8M 1.5M shares
S SUMITOMO LIFE INSURANCE CO Institution	+$123.3M +1.3M shares	$123.3M 1.3M shares
A ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP Institution	+$120.5M +1.3M shares	$306.0M 3.2M shares
GENWORTH FINANCIAL WEALTH MANAGEMENT, INC Long Only Manager	+$110.2M +1.2M shares	$156.0M 1.6M shares
MORGAN STANLEY RIA/Wealth	+$97.4M +1.0M shares	$425.5M 4.5M shares
BARCLAYS PLC Institution	+$87.8M +922.4K shares	$106.9M 1.1M shares
GOLDMAN SACHS GROUP INC Institution	+$70.7M +743.1K shares	$300.6M 3.2M shares

Biggest Sellers

Institution	Net Sold	Current Position
H HSBC HOLDINGS PLC Institution	−$322.1M −3.4M shares	$34.4M 360.9K shares
Betterment LLC RIA/Wealth	−$111.4M −1.2M shares	$639.9M 6.7M shares
M MANUFACTURERES LIFE INSURANCE CO Institution	−$99.2M −1.0M shares	$153.6M 1.6M shares
J JANE STREET GROUP, LLC Institution	−$35.3M −370.9K shares	$15.2M 160.2K shares
Kingstone Capital Partners Texas, LLC RIA/Wealth	−$26.3M −284.3K shares	Sold Off 0 shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$20.7M −223.6K shares	Sold Off 0 shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	−$20.3M −213.0K shares	$22.4M 234.8K shares
POTOMAC FUND MANAGEMENT INC /ADV Long Only Manager	−$19.2M −207.8K shares	Sold Off 0 shares
C COUNTRY TRUST BANK Institution	−$16.7M −175.9K shares	$13.3M 139.9K shares
HighTower Advisors, LLC RIA/Wealth	−$13.5M −141.9K shares	$19.9M 208.5K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited EMB in Q3 2025

New Positions: 41
New Value: $463.2M
Exited Positions: 58
Exited Value: $99.1M

New Positions

Institution	Position Value
J Japan Science & Technology Agency Institution	$238.0M 2.5M shares
SONA ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$139.8M 1.5M shares
M MOORE CAPITAL MANAGEMENT, LP Hedge Fund•Global Macro	$35.6M 374.0K shares
F First Trust Bank, Ltd. Institution	$15.0M 158.0K shares
Forefront Wealth Partners, LLC RIA/Wealth	$14.6M 153.1K shares
N Nuveen, LLC Institution	$5.0M 52.3K shares
L LMR Partners LLP Institution	$4.8M 50.0K shares
Beta Wealth Group, Inc. RIA/Wealth	$2.7M 28.2K shares
F Freestone Capital Holdings, LLC RIA/Wealth	$1.4M 15.0K shares
IMC-Chicago, LLC RIA/Wealth	$1.3M 13.6K shares

Exited Positions

Institution	Previous Position
Kingstone Capital Partners Texas, LLC RIA/Wealth	$26.3M 284.3K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$20.7M 223.6K shares
POTOMAC FUND MANAGEMENT INC /ADV Long Only Manager	$19.2M 207.8K shares
Centiva Capital, LP Hedge Fund•Multi-Strategy	$10.9M 118.0K shares
P Proficio Capital Partners LLC Family Office	$9.0M 8.6M shares
MMA ASSET MANAGEMENT LLC Pension/Endowment	$3.8M 41.3K shares
Forefront Analytics, LLC RIA/Wealth	$1.3M 14.0K shares
Advisory Resource Group RIA/Wealth	$825.3K 8.9K shares
Eqis Capital Management, Inc. RIA/Wealth	$762.0K 8.2K shares
Dorsey & Whitney Trust CO LLC RIA/Wealth	$608.4K 6.6K shares

Options Activity

Institutions with the largest Call and Put options positions in EMB as of Q3 2025

Call Positions: 5
Call Value: $96.4M
Put Positions: 11
Put Value: $201.5M

Call Positions

Institution	Position Value
BANK OF AMERICA CORP /DE/ Institution	$95.2M 10.0K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$723.4K 76.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$504.5K 53.0 contracts
J JANE STREET GROUP, LLC Institution	- - contracts
H HSBC HOLDINGS PLC Institution	- - contracts

Put Positions

Institution	Position Value
BARCLAYS PLC Institution	$130.4M 13.7K contracts
WELLS FARGO & COMPANY/MN Institution	$47.6M 5.0K contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$19.0M 2.0K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$3.3M 344.0 contracts
J JANE STREET GROUP, LLC Institution	$771.0K 81.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$390.3K 41.0 contracts
BANK OF AMERICA CORP /DE/ Institution	- - contracts
GOLDMAN SACHS GROUP INC Institution	- - contracts
Centiva Capital, LP Hedge Fund•Multi-Strategy	- - contracts
CAPSTONE INVESTMENT ADVISORS, LLC Hedge Fund•Multi-Strategy	- - contracts

Most Committed Institutions

Institutions with EMB as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
P Pharo Management, Inc. Hedge Fund•Global Macro	Guillaume Henri Andre Fonkenell Chairman	100.00% $18.7M	196.7K shares	Q2 2025 Held for 5 months	$18.7M
P Price Capital Management, Inc. Hedge Fund•Long/Short	Michael Leon Price President	54.48% $46.4M	487.3K shares	Q3 2025 Held for 2 months	$85.1M
F First Trust Bank, Ltd. Institution	-	34.40% $15.0M	158.0K shares	Q3 2025 Held for 2 months	$43.7M
SONA ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	John Brian Aylward CEO	18.15% $139.8M	1.5M shares	Q3 2025 Held for 2 months	$770.4M
A ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP Institution	-	13.53% $306.0M	3.2M shares	Q2 2017 Held for 8y 5m	$2.3B
D DAI ICHI LIFE INSURANCE CO., LTD. Institution	-	10.02% $10.4M	108.9K shares	Q1 2024 Held for 1y 8m	$103.6M
P Privium Fund Management Ltd Institution	-	7.96% $12.7M	133.5K shares	Q4 2024 Held for 11 months	$159.9M
1 NORTH WEALTH SERVICES LLC RIA/Wealth	James Edward Brennan CCO	5.17% $12.6M	132.6K shares	Q4 2024 Held for 11 months	$244.1M
I Idaho Trust Bank Institution	-	5.06% $15.0M	157.9K shares	Q2 2023 Held for 2y 5m	$297.0M
J Japan Science & Technology Agency Institution	-	4.24% $238.0M	2.5M shares	Q3 2025 Held for 2 months	$5.6B