iShares MSCI Eurozone ETFEZUETF
13F holders, Q4 2024 (December 31)At the end of Q4 2024, 251 institutions reported holding iShares MSCI Eurozone ETF (EZU) in their 13F filings, down 6 from Q3 2024. 36 opened new positions and 44 sold out. The largest holders were Northwestern Mutual Wealth Management Co. ($1.9B), Goldman Sachs Group Inc. ($533.2M) and Bank of America Corp. ($362.6M). 3 famous investors held it, including Ken Fisher (0.1% of Fisher Asset Management's portfolio), Ken Griffin (0.0% of Citadel Advisors's portfolio) and David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio).
- Company
- iShares MSCI Eurozone ETF
- CUSIP
- 464286608
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2024 → Q4 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 36 | $10.8M |
| Exits | 44 | $48.6M |
All 13F filers, Q3 2024 → Q4 2024: 4,476,370 shares bought and 12,378,799 shares sold, net −7,902,429 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 251 holders
| Northwestern Mutual Wealth Management Co. | 1.64% | Add +5.3% | 41,141,397 | $1.9B |
| Goldman Sachs Group Inc. | 0.10% | Add +4.9% | 11,296,569 | $533.2M |
| Bank of America Corp. | 0.03% | Reduce -1.7% | 7,681,334 | $362.6M |
| BlackRock, Inc. | 0.01% | Reduce -46.3% | 7,458,543 | $352.0M |
| FMR LLC | 0.02% | Add +0.0% | 6,137,976 | $289.7M |
| TD Asset Management Inc | 0.19% | No change | 4,515,997 | $213.2M |
| Morgan Stanley | 0.01% | Reduce -18.4% | 3,270,161 | $154.4M |
| Fisher Asset Management | 0.05% | Reduce -3.3% | 2,752,677 | $129.9M |
| UBS Group AG | 0.02% | Add +29.8% | 1,925,960 | $90.9M |
| Allspring Global Investments Holdings, LLC | 0.12% | Reduce -5.6% | 1,595,965 | $75.3M |
| Richard Bernstein Advisors LLC | 1.67% | Reduce -6.8% | 1,565,657 | $73.9M |
| CSM Advisors, LLC | 2.35% | Add +100.0% | 1,063,000 | $50.2M |
| Allianz SE | 1.14% | Add +1.4% | 928,853 | $43.8M |
| Royal Bank of Canada | 0.01% | Add +8.9% | 618,966 | $29.2M |
| CW Advisors, LLC | 0.39% | Reduce -36.6% | 608,710 | $28.7M |
| 1607 Capital Partners, LLC | 2.16% | Reduce -9.8% | 570,741 | $26.9M |
| NSI Retail Advisors, LLC | 3.99% | No change | 531,500 | $25.1M |
| Ameriprise Financial Inc. | 0.01% | Add +12.3% | 486,468 | $23.0M |
| Vontobel Holding Ltd. | 0.07% | Reduce -5.5% | 451,814 | $21.3M |
| Arrowstreet Capital, Limited Partnership | 0.02% | Add +51.2% | 429,471 | $20.3M |
| JPMorgan Chase & Co. | 0.00% | Reduce -12.1% | 410,741 | $19.4M |
| LPL Financial LLC | 0.01% | Add +9.5% | 390,725 | $18.4M |
| PGIM Custom Harvest LLC | 0.35% | Reduce -4.2% | 377,337 | $17.8M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -8.9% | 341,597 | $16.1M |
| Wells Fargo & Company | 0.00% | Add +16.4% | 325,750 | $15.4M |
| Provida Pension Fund Administrator | 0.26% | Reduce -80.6% | 268,889 | $12.7M |
| Syon Capital LLC | 1.00% | Reduce -1.9% | 236,205 | $11.1M |
| Fiduciary Trust Co | 0.12% | Reduce -0.3% | 189,478 | $8.9M |
| Bulltick Wealth Management, LLC | 2.10% | Add +54.7% | 189,034 | $8.9M |
| Acima Private Wealth, LLC | 2.82% | Add +15.2% | 177,757 | $8.4M |
| Bank of Montreal | 0.00% | Reduce -32.8% | 176,232 | $8.3M |
| LMCG Investments, LLC | 0.47% | Reduce -7.2% | 162,193 | $7.7M |
| Proquility Private Wealth Partners, LLC | 2.42% | Reduce -1.4% | 159,471 | $7.5M |
| Citigroup Inc. | 0.01% | Reduce -31.1% | 153,508 | $7.2M |
| Sanctuary Advisors, LLC | 0.04% | Reduce -4.6% | 135,504 | $6.9M |
| AMG National Trust Bank | 0.19% | Reduce -0.8% | 146,321 | $6.9M |
| Corient Private Wealth LP | 0.01% | Reduce -8.2% | 231,230 | $6.9M |
| Commonwealth Equity Services, LLC | 0.01% | Add +9.7% | 128,201 | $6.1M |
| NorthCoast Asset Management LLC | 0.03% | Reduce -42.8% | 124,073 | $5.9M |
| National Bank of Canada | 0.01% | Reduce -2.6% | 120,001 | $5.7M |
| Barings LLC | 0.13% | Reduce -30.6% | 118,250 | $5.6M |
| Scotia Capital Inc. | 0.03% | Reduce -5.5% | 117,407 | $5.5M |
| Bank Julius Baer & Co. Ltd, Zurich | 0.02% | Add +6.3% | 99,827 | $5.2M |
| Manufacturers Life Insurance Company, The | 0.00% | No change | 104,750 | $4.9M |
| Federation des caisses Desjardins du Quebec | 0.02% | Add +937.4% | 101,489 | $4.8M |
| Nottingham Advisors, Inc. | 0.59% | Reduce -7.4% | 98,182 | $4.6M |
| Conservest Capital Advisors, Inc. | 0.44% | Reduce -22.4% | 90,948 | $4.3M |
| Banco Bilbao Vizcaya Argentaria, S.A. | 0.04% | Add +45.5% | 88,467 | $4.2M |
| Raymond James Financial Inc. | 0.00% | — | 86,535 | $4.1M |
| MML Investors Services, LLC | 0.01% | Reduce -8.3% | 81,069 | $3.8M |
| Hancock Whitney Corp. | 0.11% | Reduce -0.0% | 75,931 | $3.6M |
| Climber Capital SA | 2.91% | — | 87,248 | $3.5M |
| Finley Financial, LLC | 1.82% | — | 72,572 | $3.5M |
| Quadrature Capital Ltd | 0.06% | New | 66,091 | $3.1M |
| Pictet North America Advisors SA | 0.26% | No change | 57,223 | $2.7M |
| Compagnie Lombard Odier SCmA | 0.04% | Add +28.2% | 56,128 | $2.6M |
| Quantinno Capital Management LP | 0.03% | Add +11.4% | 53,764 | $2.5M |
| Cetera Investment Advisers | 0.01% | Reduce -23.6% | 51,313 | $2.4M |
| Schroder Investment Management Group | 0.00% | Reduce -31.7% | 48,016 | $2.3M |
| Rockefeller Capital Management L.P. | 0.01% | Add +8.0% | 47,807 | $2.3M |
| Rathbones Group PLC | 0.01% | Add +2.4% | 46,849 | $2.2M |
| Stifel Financial Corp. | 0.00% | Add +4.7% | 45,450 | $2.1M |
| Nisa Investment Advisors, LLC | 0.01% | No change | 45,000 | $2.1M |
| Citadel Advisors | 0.00% | New | 42,784 | $2.0M |
| Interchange Capital Partners, LLC | 0.73% | Reduce -5.6% | 42,572 | $2.0M |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -3.0% | 41,466 | $2.0M |
| HSBC Holdings PLC | 0.00% | Add +1.3% | 40,914 | $1.9M |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Reduce -13.1% | 38,598 | $1.8M |
| Hudson Portfolio Management LLC | 1.73% | Reduce -1.6% | 37,357 | $1.8M |
| Endowment Wealth Management, Inc. | 1.09% | Reduce -38.5% | 34,436 | $1.6M |
| MassMutual Private Wealth & Trust, FSB | 0.05% | Reduce -7.4% | 34,425 | $1.6M |
| Ballew Advisors, Inc | 0.86% | Add +0.2% | 28,479 | $1.3M |
| Mill Creek Capital Advisors, LLC | 0.03% | Add +0.1% | 27,299 | $1.3M |
| Community Bank, N.A. | 0.16% | Reduce -0.5% | 26,507 | $1.3M |
| Bank of New York Mellon Corp | 0.00% | Reduce -14.3% | 26,438 | $1.2M |
| D. E. Shaw & Co. | 0.00% | Add +11.0% | 25,035 | $1.2M |
| MMBG Investment Advisors Co. | 0.12% | No change | 24,620 | $1.2M |
| Sierra Capital LLC | 0.14% | Reduce -31.1% | 24,510 | $1.2M |
| Garde Capital, Inc. | 0.08% | Add +2.6% | 24,453 | $1.2M |
| Cambridge Investment Research Advisors, Inc. | 0.00% | Reduce -4.5% | 24,436 | $1.2M |
| Transamerica Financial Advisors, LLC | 0.11% | Reduce -34.5% | 24,090 | $1.1M |
| Debussy Capital Management LP | 0.17% | Add +73.5% | 21,596 | $1.1M |
| Carrera Capital Advisors | 0.24% | Reduce -20.9% | 21,274 | $1.0M |
| HighTower Advisors, LLC | 0.00% | Add +11.3% | 20,864 | $985K |
| Comerica Bank | 0.00% | Reduce -11.7% | 20,624 | $973K |
| SOL Capital Management CO | 0.11% | No change | 20,520 | $969K |
| Smithfield Trust Co | 0.05% | Reduce -4.3% | 20,536 | $966K |
| Toronto Dominion Bank | 0.00% | New | 20,000 | $941K |
| Mariner, LLC | 0.00% | Add +30.1% | 19,876 | $938K |
| Transcend Capital Advisors, LLC | 0.07% | Reduce -2.9% | 19,278 | $910K |
| GTS Securities LLC | 0.04% | Add +192.8% | 18,886 | $891K |
| BFI Infinity Ltd. | 0.95% | — | 18,458 | $871K |
| Becker Capital Management Inc. | 0.03% | No change | 17,709 | $836K |
| Contravisory Investment Management, Inc. | 0.17% | Add +1.0% | 16,713 | $789K |
| Legacy Capital Group California, Inc. | 0.24% | Add +1.0% | 16,546 | $781K |
| SG Americas Securities, LLC | 0.00% | Reduce -84.4% | 14,893 | $703K |
| Insigneo Advisory Services, LLC | 0.07% | Add +30.0% | 14,388 | $679K |
| Farther Finance Advisors, LLC | 0.02% | Add +2.4% | 14,302 | $675K |
| Atria Investments, Inc | 0.01% | Reduce -25.9% | 13,915 | $657K |
| Private Wealth Advisors, LLC | 0.28% | New | 13,780 | $650K |
| Creative Planning | 0.00% | Add +9.1% | 13,557 | $640K |
| Sapient Capital LLC | 0.01% | New | 13,500 | $637K |
| BNP Paribas Financial Markets | 0.00% | Add +370.6% | 12,988 | $613K |
| Wolf Group Capital Advisors | 0.28% | No change | 12,587 | $577K |
| Atria Wealth Solutions, Inc. | 0.01% | New | 11,980 | $565K |
| Envestnet Portfolio Solutions, Inc. | 0.00% | Add +39.3% | 11,618 | $548K |
| Banco Santander, S.A. | 0.01% | No change | 11,295 | $533K |
| Upper Left Wealth Management, LLC | 0.43% | Add +34.1% | 10,601 | $500K |
| Crestline Management, L.P. | 0.02% | New | 10,400 | $491K |
| Meridian Wealth Management, LLC | 0.02% | Reduce -32.5% | 10,203 | $482K |
| Fort Sheridan Advisors LLC | 0.07% | No change | 10,170 | $480K |
| Bank of Nova Scotia | 0.00% | Add +44.7% | 10,084 | $475K |
| Aaron Wealth Advisors LLC | 0.06% | New | 10,029 | $473K |
| Legacy Advisors, LLC | 0.05% | No change | 9,996 | $472K |
| EFG Asset Management (Americas) Corp. | 0.09% | Add +0.7% | 9,966 | $470K |
| Susquehanna International Group, LLP | 0.00% | Reduce -39.5% | 9,528 | $450K |
| Forthright Family Wealth Advisory LLC | 0.28% | No change | 9,267 | $437K |
| Equitable Holdings, Inc. | 0.00% | Add +6.9% | 8,977 | $424K |
| Smith Anglin Financial, LLC | 0.04% | Add +0.7% | 8,733 | $412K |
| M&T Bank Corp | 0.00% | Add +0.8% | 8,568 | $404K |
| Osaic Holdings, Inc. | 0.00% | Add +24.6% | 8,464 | $400K |
| Awm Capital, LLC | 0.05% | No change | 8,177 | $386K |
| Evolution Wealth Advisors, LLC | 0.06% | Reduce -87.5% | 8,085 | $382K |
| Wilmington Savings Fund Society, FSB | 0.01% | Reduce -1.8% | 7,804 | $368K |
| WBH Advisory Inc. | 0.03% | Add +14.7% | 7,766 | $367K |
| Courier Capital LLC | 0.03% | New | 7,738 | $365K |
| Purkiss Capital Advisors LLC | 0.31% | — | 7,648 | $361K |
| Beaumont Financial Advisors, LLC | 0.03% | Reduce -0.3% | 7,610 | $359K |
| Jane Street Group, LLC | 0.00% | Reduce -99.4% | 7,565 | $357K |
| SignalPoint Asset Management, LLC | 0.09% | Reduce -1.0% | 7,505 | $354K |
| Greykasell Wealth Strategies, Inc. | 0.19% | — | 7,146 | $337K |
| Arkos Global Advisors | 0.05% | Reduce -1.0% | 7,051 | $333K |
| NewEdge Advisors, LLC | 0.00% | Reduce -17.5% | 7,055 | $333K |
| Cerity Partners LLC | 0.00% | Reduce -47.4% | 6,981 | $330K |
| Northern Trust Corp. | 0.00% | Add +2.5% | 6,945 | $328K |
| Cary Street Partners Financial LLC | 0.01% | — | 6,723 | $317K |
| Financial Alternatives, Inc | 0.21% | No change | 6,400 | $302K |
| Clarius Group, LLC | 0.02% | Reduce -9.6% | 6,400 | $302K |
| Patron Partners, LLC | 0.16% | Reduce -0.3% | 6,273 | $296K |
| Lazard Asset Management LLC | 0.00% | Reduce -3.6% | 6,153 | $290K |
| Arrien Investments, Inc. | 0.21% | Add +6.7% | 5,669 | $289K |
| Janney Montgomery Scott LLC | 0.00% | Reduce -18.8% | 5,868 | $277K |
| GHP Investment Advisors, Inc. | 0.01% | No change | 5,711 | $270K |
| Parcion Private Wealth LLC | 0.02% | Reduce -30.0% | 5,592 | $264K |
| Focus Partners Wealth | 0.00% | New | 5,534 | $261K |
| Lindbrook Capital, LLC | 0.02% | Reduce -19.4% | 5,400 | $255K |
| Joel Isaacson & Co., LLC | 0.01% | Add +0.7% | 5,334 | $252K |
| Ehrlich Financial Group | 0.18% | Add +0.3% | 5,315 | $251K |
| Steward Partners Investment Advisory, LLC | 0.00% | Reduce -2.5% | 4,937 | $233K |
| Regions Financial Corp. | 0.00% | New | 4,870 | $230K |
| Choreo, LLC | 0.00% | Add +7.8% | 4,867 | $229K |
| Private Advisor Group, LLC | 0.00% | Reduce -7.8% | 4,844 | $229K |
| Eastern Bank | 0.00% | Add +126.4% | 4,716 | $223K |
| Moneta Group Investment Advisors LLC | 0.00% | Reduce -4.2% | 4,707 | $222K |
| Rehmann Capital Advisory Group | 0.01% | No change | 4,706 | $222K |
| Veltria Advisors Corp. | 0.09% | No change | 4,679 | $221K |
| Hexagon Capital Partners LLC | 0.04% | Reduce -3.9% | 4,668 | $220K |
| Jones Financial Companies LLLP | 0.00% | Add +15.6% | 4,632 | $219K |
| PUREfi Wealth, LLC | 0.21% | — | 4,606 | $217K |
| Magnus Financial Group LLC | 0.02% | New | 4,514 | $213K |
| Stone Summit Wealth LLC | 0.07% | Reduce -11.8% | 4,490 | $212K |
| Lido Advisors, LLC | 0.00% | Reduce -3.7% | 4,439 | $210K |
| Perigon Wealth Management, LLC | 0.01% | Add +0.1% | 4,287 | $209K |
| SVB Wealth LLC | 0.00% | New | 4,422 | $209K |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 0.00% | Reduce -97.7% | 3,751 | $177K |
| Brown Brothers Harriman & Co. | 0.00% | No change | 3,563 | $168K |
| Parallel Advisors, LLC | 0.00% | Add +0.0% | 3,383 | $160K |
| Blair William & Co. | 0.00% | No change | 3,339 | $158K |
| US Bancorp \de | 0.00% | Add +0.2% | 3,284 | $155K |
| Franklin Resources Inc. | 0.00% | No change | 3,201 | $151K |
| Venturi Wealth Management, LLC | 0.01% | Reduce -2.6% | 3,044 | $144K |
| Russell Investments Group, Ltd. | 0.00% | Reduce -15.3% | 2,809 | $133K |
| Group One Trading LLC | 0.00% | New | 2,700 | $127K |
| Fifth Third Bancorp | 0.00% | Reduce -43.5% | 2,520 | $119K |
| Geneos Wealth Management Inc. | 0.00% | Reduce -20.0% | 2,436 | $115K |
| Optiver Holding B.V. | 0.00% | Add +309.1% | 2,209 | $104K |
| Migdal Insurance & Financial Holdings Ltd. | 0.00% | Add +2.2% | 2,208 | $104K |
| Assetmark, Inc. | 0.00% | Add +5111.9% | 2,189 | $103K |
| Harbour Investments, Inc. | 0.00% | Reduce -16.7% | 2,029 | $96K |
| Signaturefd, LLC | 0.00% | Reduce -45.8% | 1,779 | $84K |
| Global Retirement Partners, LLC | 0.00% | Reduce -79.5% | 1,775 | $84K |
| Larson Financial Group LLC | 0.00% | Add +2206.8% | 1,707 | $81K |
| Caldwell Sutter Capital, Inc. | 0.04% | Reduce -7.7% | 1,697 | $80K |
| Orion Capital Management LLC | 0.03% | New | 1,658 | $78K |
| Tsfg, LLC | 0.02% | No change | 1,594 | $75K |
| Bessemer Group Inc. | 0.00% | New | 1,571 | $74K |
| Bangor Savings Bank | 0.01% | New | 1,560 | $74K |
| Concourse Financial Group Securities, Inc. | 0.00% | Reduce -8.1% | 1,400 | $70K |
| Blue Trust, Inc. | 0.00% | Add +32.6% | 1,372 | $65K |
| Harel Insurance Investments & Financial Services Ltd. | 0.00% | Reduce -77.8% | 1,191 | $56K |
| Global Wealth Strategies & Associates | 0.02% | No change | 1,092 | $52K |
| AE Wealth Management LLC | 0.00% | New | 991 | $47K |
| Headlands Technologies LLC | 0.00% | Reduce -41.3% | 926 | $44K |
| Aptus Capital Advisors, LLC | 0.00% | New | 870 | $41K |
| Roble, Belko & Company, Inc | 0.01% | No change | 738 | $35K |
| CIBC Private Wealth Group LLC | 0.00% | No change | 641 | $31K |
| Breakwater Investment Management | 0.01% | No change | 577 | $27K |
| TCTC Holdings, LLC | 0.00% | No change | 573 | $27K |
| MAI Capital Management | 0.00% | New | 566 | $27K |
| FAS Wealth Partners, Inc. | 0.00% | Add +0.7% | 566 | $27K |
| Tucker Asset Management LLC | 0.01% | New | 523 | $25K |
| Glass Jacobson Investment Advisors llc | 0.01% | No change | 454 | $21K |
| Principal Securities, Inc. | 0.00% | Reduce -14.0% | 418 | $20K |
| LGT Financial Advisors LLC | 0.04% | New | 350 | $17K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +0.3% | 322 | $15K |
| IFP Advisors, Inc | 0.00% | No change | 322 | $15K |
| Archer Investment Corp | 0.00% | No change | 318 | $15K |
| O'shaughnessy Asset Management, LLC | 0.00% | Reduce -74.4% | 289 | $14K |
| Sound Income Strategies, LLC | 0.00% | Reduce -67.6% | 263 | $12K |
| Element Wealth, LLC | 0.01% | No change | 261 | $12K |
| Noble Wealth Management PBC | 0.01% | — | 258 | $12K |
| Farmers & Merchants Trust Co of Chambersburg PA | 0.00% | No change | 251 | $12K |
| Avior Wealth Management, LLC | 0.00% | New | 234 | $11K |
| Bernard Wealth Management Corp. | 0.01% | — | 231 | $11K |
| Carolinas Wealth Consulting LLC | 0.00% | Add +0.9% | 226 | $11K |
| Brown, Lisle/Cummings, Inc. | 0.00% | No change | 225 | $11K |
| CoreCap Advisors, LLC | 0.00% | New | 215 | $10K |
| BTG Pactual Asset Management US LLC | 0.00% | New | 213 | $10K |
| Medallion Wealth Advisors, LLC | 0.00% | — | 211 | $10K |
| Capital Investment Advisory Services, LLC | 0.00% | No change | 201 | $9K |
| S&T Bank | 0.00% | New | 187 | $9K |
| Vermillion Wealth Management, Inc. | 0.00% | — | 177 | $8K |
| Hemington Wealth Management | 0.00% | New | 185 | $8K |
| Cwm, LLC | 0.00% | Reduce -38.6% | 167 | $8K |
| Copia Wealth Management | 0.01% | — | 164 | $8K |
| Bartlett & Co. Wealth Management LLC | 0.00% | No change | 164 | $8K |
| Ascentis Wealth Management, LLC | 0.00% | Add +23.3% | 164 | $8K |
| Allworth Financial LP | 0.00% | Add +1000.0% | 154 | $8K |
| Chilton Capital Management LLC | 0.00% | New | 151 | $7K |
| Harbor Investment Advisory, LLC | 0.00% | No change | 150 | $7K |
| Lee Danner & Bass Inc. | 0.00% | New | 137 | $6K |
| Sandy Spring Bank | 0.00% | No change | 133 | $6K |
| CVA Family Office, LLC | 0.00% | New | 130 | $6K |
| Spire Wealth Management | 0.00% | Add +15.0% | 115 | $5K |
| Eagle Bay Advisors LLC | 0.00% | No change | 62 | $3K |
| Clearstead Advisors, LLC | 0.00% | No change | 52 | $2K |
| Deutsche Bank AG | 0.00% | No change | 50 | $2K |
| St. Johns Investment Management Company, LLC | 0.00% | New | 47 | $2K |
| Christopher J. Hasenberg, Inc | 0.00% | New | 46 | $2K |
| Concord Wealth Partners | 0.00% | Reduce -73.3% | 36 | $2K |
| Van Hulzen Asset Management, LLC | 0.00% | New | 29 | $1K |
| Northwest Capital Management Inc | 0.00% | No change | 26 | $1K |
| Key Financial Inc | 0.00% | Add +4.2% | 25 | $1K |
| Crewe Advisors LLC | 0.00% | No change | 24 | $1K |
| AllSquare Wealth Management LLC | 0.00% | No change | 19 | $897 |
| Central Pacific Bank - Trust Division | 0.00% | No change | 18 | $850 |
| Horizon Investments, LLC | 0.00% | Add +60.0% | 16 | $755 |
| Legacy Bridge, LLC | 0.00% | No change | 15 | $708 |
| Beacon Capital Management, LLC | 0.00% | New | 13 | $614 |
| Kiker Wealth Management, LLC | 0.00% | — | 10 | $472 |
| TD Private Client Wealth LLC | 0.00% | Reduce -50.0% | 1 | $54 |
"% of holder's portfolio" is EZU's weight in each manager's 13F, not the share of iShares MSCI Eurozone ETF the manager owns.