iShares MSCI Global Metals &PICKETF
13F holders, Q2 2026 (June 30)At the end of Q2 2026, 253 institutions reported holding iShares MSCI Global Metals & (PICK) in their 13F filings, up 31 from Q1 2026. 58 opened new positions and 24 sold out. The largest holders were Schroder Investment Management Group ($210.5M), Fisher Asset Management ($170.9M) and Bank of America Corp. ($103.7M). 5 famous investors held it, including Ken Fisher (0.1% of Fisher Asset Management's portfolio), David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio) and Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio).
- Company
- iShares MSCI Global Metals &
- CUSIP
- 46434G848
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2026 → Q2 2026
| Institutions | Total Value | |
|---|---|---|
| New Positions | 58 | $93.6M |
| Exits | 24 | $11.4M |
All 13F filers, Q1 2026 → Q2 2026: 7,697,286 shares bought and 1,084,649 shares sold, net +6,612,637 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 253 holders
| Schroder Investment Management Group | 0.15% | Add +10288.6% | 3,636,013 | $210.5M |
| Fisher Asset Management | 0.05% | Reduce -3.0% | 2,938,489 | $170.9M |
| Bank of America Corp. | 0.01% | Add +67.8% | 1,783,301 | $103.7M |
| Municipal Employees' Retirement System of Michigan | 1.14% | No change | 1,767,862 | $102.8M |
| New Harbor Financial Group, LLC | 5.43% | Add +3.9% | 586,820 | $34.1M |
| Greenline Partners, LLC | 3.00% | Reduce -0.3% | 506,542 | $29.5M |
| Woodline Partners LP | 0.09% | Reduce -23.1% | 490,937 | $28.5M |
| Morgan Stanley | 0.00% | Add +46.3% | 473,523 | $27.5M |
| Stifel Financial Corp. | 0.02% | Reduce -5.0% | 444,722 | $25.9M |
| UBS Group AG | 0.00% | Add +140.2% | 443,180 | $25.8M |
| Proficio Capital Partners LLC | 0.87% | Add +62.9% | 418,765 | $24.4M |
| Jane Street Group, LLC | 0.01% | Reduce -6.8% | 374,357 | $21.8M |
| Bank Julius Baer & Co. Ltd, Zurich | 0.05% | Reduce -1.5% | 364,653 | $21.2M |
| Benjamin Edwards Inc. | 0.19% | Reduce -3.6% | 359,876 | $20.9M |
| Quadrature Capital Ltd | 0.16% | New | 326,845 | $19.0M |
| LPL Financial LLC | 0.00% | Add +23.7% | 324,340 | $18.9M |
| Kestra Advisory Services, LLC | 0.06% | Add +3.8% | 299,868 | $17.4M |
| D. E. Shaw & Co. | 0.01% | Add +2267.7% | 293,118 | $17.0M |
| Bluespring Wealth Management, LLC | 0.28% | New | 246,919 | $14.4M |
| Raymond James Financial Inc. | 0.00% | Reduce -15.0% | 235,639 | $13.7M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -2.9% | 223,530 | $13.0M |
| Ameriprise Financial Inc. | 0.00% | Add +75.2% | 194,189 | $11.3M |
| Talisman Wealth Advisors LLC | 8.30% | New | 146,346 | $11.2M |
| GTS Securities LLC | 0.23% | Add +225.5% | 187,698 | $10.9M |
| Equitable Trust Co. | 0.44% | New | 182,823 | $10.6M |
| Hengehold Capital Management LLC | 0.82% | New | 181,034 | $10.5M |
| Baird Financial Group, Inc. | 0.01% | Add +198.4% | 168,833 | $9.8M |
| Ackerman Capital Advisors, LLC | 1.93% | Reduce -9.2% | 164,244 | $9.6M |
| Rockefeller Capital Management L.P. | 0.01% | Add +27.6% | 157,101 | $9.1M |
| Confluence Investment Management LLC | 0.14% | Add +5.7% | 152,199 | $8.9M |
| Old Mission Capital LLC | 0.22% | Add +7.6% | 150,347 | $8.7M |
| Royal Bank of Canada | 0.00% | Add +0.8% | 136,900 | $8.0M |
| Envestnet Asset Management Inc. | 0.00% | Reduce -0.9% | 136,889 | $8.0M |
| Edmond DE Rothschild Holding S.A. | 0.10% | No change | 136,050 | $7.9M |
| Almanack Investment Partners, LLC. | 1.00% | Reduce -44.8% | 134,970 | $7.8M |
| Susquehanna International Group, LLP | 0.01% | Add +23.2% | 129,818 | $7.5M |
| Wells Fargo & Company | 0.00% | Add +39.8% | 128,362 | $7.5M |
| Theory Financial LLC | 2.34% | Add +25.0% | 127,586 | $7.4M |
| HighTower Advisors, LLC | 0.01% | Add +34.6% | 124,984 | $7.3M |
| Retirement Management Systems Inc. | 1.47% | Add +6.1% | 123,859 | $7.2M |
| First Trust Bank, Ltd. | 14.30% | Add +13.9% | 122,546 | $7.1M |
| Trilogy Capital Inc. | 0.27% | Add +12.4% | 118,144 | $6.9M |
| JPMorgan Chase & Co. | 0.00% | Reduce -43.4% | 106,799 | $6.2M |
| Barry Investment Advisors, LLC | 1.13% | Reduce -2.4% | 92,743 | $5.4M |
| Tepp RIA, LLC | 3.56% | Add +52.7% | 90,275 | $5.2M |
| BlueCrest Capital Management Ltd | 0.25% | No change | 90,000 | $5.2M |
| Alliancebernstein L.P. | 0.00% | New | 89,700 | $5.1M |
| Wealthfront Advisers LLC | 0.01% | Add +7.8% | 86,342 | $5.0M |
| Cetera Investment Advisers | 0.00% | Add +5.0% | 84,797 | $4.9M |
| CoreCap Advisors, LLC | 0.14% | Add +36.3% | 81,242 | $4.7M |
| Refined Wealth Management | 2.78% | Add +1.9% | 79,141 | $4.6M |
| Osaic Holdings, Inc. | 0.01% | Add +41.0% | 75,026 | $4.4M |
| Sanctuary Advisors, LLC | 0.02% | Add +11.8% | 71,785 | $4.2M |
| Allied Investment Advisors, LLC | 0.51% | Reduce -0.4% | 70,114 | $4.1M |
| TLS Advisors LLC | 11.73% | Reduce -32.1% | 68,615 | $4.0M |
| Pinnacle Financial Partners, Inc. | 0.03% | Add +0.0% | 66,524 | $3.9M |
| Qube Research & Technologies Ltd | 0.00% | New | 61,656 | $3.6M |
| Consolidated Investment Group LLC | 0.28% | No change | 54,600 | $3.2M |
| Clear Harbor Asset Management, LLC | 0.19% | Reduce -0.6% | 51,110 | $3.0M |
| Concurrent Investment Advisors, LLC | 0.03% | New | 50,333 | $2.9M |
| Principia Wealth Advisory, LLC | 1.40% | Reduce -14.4% | 48,196 | $2.8M |
| Corient Private Wealth LP | 0.00% | Add +2.9% | 47,139 | $2.7M |
| Mesirow Financial Investment Management, Inc. | 0.04% | Add +0.0% | 40,537 | $2.4M |
| Vontobel Holding Ltd. | 0.01% | Reduce -12.0% | 36,800 | $2.1M |
| Jones Financial Companies LLLP | 0.00% | Add +21.1% | 36,662 | $2.1M |
| WMS Group LLC | 2.70% | Reduce -1.3% | 36,053 | $2.1M |
| Commonwealth Equity Services, LLC | 0.00% | Add +6.2% | 33,620 | $2.0M |
| Federation des caisses Desjardins du Quebec | 0.01% | Add +3022.2% | 32,564 | $1.9M |
| MML Investors Services, LLC | 0.00% | Add +159.6% | 31,619 | $1.8M |
| RFG Advisory, LLC | 0.03% | New | 30,763 | $1.8M |
| Cibc World Market Inc. | 0.00% | Reduce -7.4% | 29,658 | $1.7M |
| Fidelis Capital Partners, LLC | 0.10% | Add +34.2% | 28,381 | $1.7M |
| Scotia Capital Inc. | 0.01% | Reduce -0.2% | 27,900 | $1.6M |
| Forum Finance Group S.A. | 0.55% | Add +54.7% | 32,600 | $1.5M |
| Savvy Advisors, Inc. | 0.03% | Add +1.6% | 26,127 | $1.5M |
| Vermillion Wealth Management, Inc. | 0.34% | Add +12.6% | 24,712 | $1.4M |
| Arax Advisory Partners | 0.01% | Add +4293.1% | 24,382 | $1.4M |
| Comprehensive Money Management Services LLC | 0.89% | Add +1.6% | 24,203 | $1.4M |
| Truist Financial Corp. | 0.00% | Add +3.4% | 24,059 | $1.4M |
| Private Advisor Group, LLC | 0.01% | Add +340.8% | 23,990 | $1.4M |
| SG Americas Securities, LLC | 0.00% | New | 23,014 | $1.3M |
| Barclays PLC | 0.00% | No change | 22,730 | $1.3M |
| Mariner, LLC | 0.00% | Reduce -45.6% | 21,711 | $1.3M |
| Creative Planning | 0.00% | Add +0.5% | 20,814 | $1.2M |
| WT Wealth Management | 0.32% | New | 19,998 | $1.2M |
| WESPAC Advisors SoCal, LLC | 0.21% | Reduce -0.2% | 19,738 | $1.1M |
| Evelyn Partners Group Ltd | 0.02% | — | 19,623 | $1.1M |
| Bank of Montreal | 0.00% | Add +6.8% | 19,413 | $1.1M |
| Marshall Investment Management, LLC | 0.47% | Add +3303.5% | 19,366 | $1.1M |
| Beacon Pointe Advisors, LLC | 0.01% | Reduce -7.2% | 19,179 | $1.1M |
| Northern Trust Corp. | 0.00% | Add +5.5% | 18,244 | $1.1M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +14682.0% | 18,034 | $1.0M |
| Miller Global Investments, LLC | 0.86% | Reduce -3.1% | 17,936 | $1.0M |
| Compound Planning, Inc. | 0.03% | Add +2.2% | 17,311 | $1.0M |
| Peapack Gladstone Financial Corp. | 0.01% | Add +102.3% | 17,300 | $1.0M |
| HRT Financial LP | 0.00% | Add +116.2% | 17,100 | $994K |
| Elwood & Goetz Wealth Advisory Group, LLC | 0.15% | Add +29.4% | 16,914 | $984K |
| Advisor Resource Council | 0.32% | Add +25.9% | 16,497 | $967K |
| Synergy Asset Management, LLC | 0.09% | Add +25.8% | 16,394 | $953K |
| Nomura Asset Management Co. Ltd. | 0.00% | No change | 15,523 | $903K |
| Renaissance Technologies | 0.00% | Reduce -42.3% | 15,400 | $896K |
| Pathstone Holdings, LLC | 0.00% | Add +24.5% | 15,305 | $890K |
| Brookstone Capital Management | 0.01% | Add +34.7% | 15,160 | $882K |
| Ewing Morris & Co. Investment Partners Ltd. | 0.44% | New | 14,568 | $847K |
| BFI Infinity Ltd. | 0.40% | No change | 14,250 | $829K |
| Gateway Wealth Partners, LLC | 0.05% | New | 14,089 | $819K |
| Bahl & Gaynor LLC | 0.00% | New | 13,909 | $809K |
| Stamos Capital Partners, L.P. | 0.12% | Add +10.4% | 13,605 | $791K |
| Barometer Capital Management Inc. | 0.22% | New | 13,600 | $791K |
| Retirement Planning Group, LLC / NY | 0.43% | Add +0.2% | 13,417 | $780K |
| Daiwa Securities Group Inc. | 0.00% | Reduce -18.6% | 13,100 | $762K |
| Agf Management Ltd. | 0.00% | Reduce -30.6% | 12,975 | $755K |
| Mayflower Financial Advisors, LLC | 0.06% | Add +0.4% | 12,778 | $743K |
| BNP Paribas Financial Markets | 0.00% | Add +399.8% | 12,576 | $731K |
| Abbington Investment Group | 0.46% | Add +0.8% | 12,311 | $716K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Add +6.7% | 11,883 | $691K |
| NLB Skladi, upravljanje premozenja, d.o.o. | 0.03% | Add +27.4% | 11,807 | $687K |
| Leuthold Group, LLC | 0.07% | Reduce -24.1% | 11,787 | $685K |
| Saxon Interests, Inc. | 0.19% | Reduce -2.0% | 11,758 | $684K |
| J. Safra Sarasin Holding AG | 0.01% | No change | 12,000 | $680K |
| Essex Financial Services, Inc. | 0.03% | Add +2.0% | 10,875 | $632K |
| Corecam Pte. Ltd. | 0.23% | No change | 10,460 | $608K |
| OneAscent Financial Services LLC | 0.03% | Reduce -0.3% | 10,412 | $605K |
| Visionary Wealth Advisors | 0.02% | Add +4.8% | 10,071 | $586K |
| Dana Investment Advisors, Inc. | 0.02% | New | 9,967 | $580K |
| Greenwich Wealth Management LLC | 0.02% | Reduce -8.7% | 9,941 | $578K |
| Cambridge Investment Research Advisors, Inc. | 0.00% | Reduce -43.5% | 9,917 | $577K |
| Resolute Advisors LLC | 0.14% | Add +0.9% | 9,780 | $569K |
| Argyle Capital Partners, LLC | 0.35% | Reduce -5.4% | 9,628 | $560K |
| Jefferies Financial Group Inc. | 0.01% | Reduce -5.2% | 9,313 | $542K |
| JBGlobal.com LLC | 0.47% | New | 9,193 | $535K |
| Equitable Holdings, Inc. | 0.00% | Add +15.6% | 9,173 | $533K |
| Oxbow Advisors, LLC | 0.04% | New | 8,975 | $522K |
| Pitcairn Wealth Advisors LLC | 0.06% | New | 8,952 | $521K |
| IMC-Chicago, LLC | 0.00% | New | 8,695 | $506K |
| Allstate Corp. | 0.01% | Add +3.4% | 8,584 | $499K |
| VestGen Advisors, LLC | 0.01% | New | 8,526 | $496K |
| Heritage Wealth Advisors | 0.02% | No change | 8,500 | $494K |
| KBC Group NV | 0.00% | No change | 8,200 | $477K |
| Endowment Wealth Management, Inc. | 0.18% | Add +1.3% | 8,057 | $469K |
| Vestor Capital, LLC | 0.03% | Reduce -97.6% | 4,988 | $449K |
| Meitav Investment House Ltd. | 0.00% | No change | 7,692 | $447K |
| Caxton Associates LLP | 0.01% | New | 7,641 | $444K |
| FMR LLC | 0.00% | Add +54.6% | 7,511 | $437K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Reduce -4.4% | 7,589 | $435K |
| Everett Harris & Co. | 0.01% | No change | 7,377 | $429K |
| Tranquilli Financial Advisor LLC | 0.23% | New | 7,333 | $426K |
| Mosaic Family Wealth Partners, LLC | 0.03% | New | 7,308 | $425K |
| Tudor Investment Corporation | 0.00% | New | 7,118 | $414K |
| Ted Buchan & Co | 0.13% | No change | 6,958 | $405K |
| International Assets Investment Management, LLC | 0.02% | Add +9300.0% | 7,050 | $404K |
| Insigneo Advisory Services, LLC | 0.01% | No change | 6,840 | $398K |
| HUB Investment Partners, LLC | 0.01% | New | 6,725 | $391K |
| PFG Investments, LLC | 0.01% | Add +1.6% | 6,020 | $350K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -17.2% | 5,620 | $327K |
| Fort Sheridan Advisors LLC | 0.03% | Add +0.0% | 5,424 | $315K |
| Nwam LLC | 0.02% | Add +12.2% | 5,344 | $311K |
| Union Bancaire Privee, UBP SA | 0.00% | No change | 5,347 | $309K |
| Capital Advisors Inc. | 0.00% | No change | 5,316 | $309K |
| Captrust Financial Advisors | 0.00% | Add +14.7% | 5,265 | $306K |
| Bank of New York Mellon Corp | 0.00% | New | 5,200 | $302K |
| Xcelsior Advisor Partners LLC | 0.03% | New | 4,542 | $264K |
| Colonial River Investments, LLC | 0.07% | Reduce -6.5% | 4,518 | $263K |
| Indivisible Partners | 0.01% | New | 4,472 | $260K |
| LVW Advisors, LLC | 0.02% | New | 4,337 | $252K |
| Ethos Financial Group, LLC | 0.02% | No change | 4,340 | $249K |
| Werba Rubin Papier Wealth Management | 0.03% | No change | 4,225 | $246K |
| Fifth Third Bancorp | 0.00% | Reduce -9.3% | 4,204 | $244K |
| Investor's Fiduciary Advisor Network, LLC | 0.08% | New | 4,161 | $241K |
| Wealthcare Advisory Partners LLC | 0.00% | Add +14.2% | 4,119 | $240K |
| Ieq Capital, LLC | 0.00% | New | 4,103 | $239K |
| Integrity Financial Corp | 0.11% | No change | 4,035 | $235K |
| Belvedere Trading LLC | 0.02% | New | 3,900 | $227K |
| Quantinno Capital Management LP | 0.00% | Add +5.5% | 3,860 | $224K |
| Solstein Capital, LLC | 0.08% | No change | 3,829 | $223K |
| Western Wealth Management, LLC | 0.01% | Add +4.8% | 3,795 | $221K |
| Winthrop Advisory Group LLC | 0.01% | New | 3,771 | $219K |
| Confluence Wealth Services, Inc. | 0.01% | New | 3,659 | $213K |
| Prospera Financial Services Inc | 0.00% | New | 3,579 | $208K |
| AQR Capital Management | 0.00% | New | 3,561 | $207K |
| Lionshead Wealth Management, LLC | 0.13% | New | 3,496 | $203K |
| US Bancorp \de | 0.00% | Reduce -76.5% | 2,601 | $151K |
| Erste Asset Management GmbH | 0.00% | New | 2,500 | $145K |
| Glenmede Trust Co. NA | 0.00% | No change | 2,214 | $129K |
| EP Wealth Advisors, LLC | 0.00% | New | 2,163 | $126K |
| United Financial Planning Group LLC | 0.06% | Add +0.9% | 2,162 | $126K |
| AE Wealth Management LLC | 0.00% | Reduce -5.0% | 2,070 | $120K |
| Montag A & Associates Inc. | 0.00% | New | 1,944 | $113K |
| Parallel Advisors, LLC | 0.00% | Add +141.6% | 1,834 | $107K |
| FAS Wealth Partners, Inc. | 0.01% | Add +0.9% | 1,689 | $98K |
| BlackRock, Inc. | 0.00% | Add +611.6% | 1,658 | $96K |
| Elequin Capital, LP | 0.02% | New | 1,550 | $90K |
| Clearstead Advisors, LLC | 0.00% | Add +871.3% | 1,457 | $85K |
| Allworth Financial LP | 0.00% | Reduce -14.7% | 1,446 | $84K |
| Rothschild Investment LLC | 0.00% | No change | 1,385 | $81K |
| Creative Financial Designs Inc. | 0.00% | New | 1,215 | $71K |
| Bellevue Asset Management, LLC | 0.03% | No change | 1,205 | $70K |
| TrinityBridge Ltd | 0.00% | Add +322.0% | 1,055 | $61K |
| Dara Capital Us, Inc. | 0.04% | No change | 1,000 | $58K |
| Global Retirement Partners, LLC | 0.00% | — | 970 | $56K |
| Farther Finance Advisors, LLC | 0.00% | Add +43.4% | 915 | $53K |
| National Bank of Canada | 0.00% | Add +6.0% | 806 | $47K |
| City State Bank | 0.01% | No change | 800 | $47K |
| Rialto Wealth Management, LLC | 0.01% | No change | 669 | $39K |
| Bokf, NA | 0.00% | Add +46.6% | 598 | $35K |
| Ashton Thomas Private Wealth, LLC | 0.00% | No change | 573 | $33K |
| Clearstead Trust, LLC | 0.00% | No change | 548 | $32K |
| Steward Partners Investment Advisory, LLC | 0.00% | Reduce -49.7% | 532 | $31K |
| Blue Trust, Inc. | 0.00% | Add +163.1% | 513 | $30K |
| LFA - Lugano Financial Advisors SA | 0.02% | New | 503 | $29K |
| IFP Advisors, Inc | 0.00% | No change | 500 | $29K |
| TD Waterhouse Canada Inc. | 0.00% | Add +4.0% | 492 | $29K |
| Larson Financial Group LLC | 0.00% | Add +655.4% | 491 | $29K |
| Aptus Capital Advisors, LLC | 0.00% | Add +21.2% | 435 | $25K |
| Franklin Resources Inc. | 0.00% | No change | 430 | $25K |
| Strategic Wealth Partners, Ltd. | 0.00% | No change | 360 | $21K |
| NewEdge Advisors, LLC | 0.00% | Reduce -76.1% | 355 | $21K |
| Simplex Trading, LLC | 0.00% | Reduce -73.5% | 337 | $20K |
| Harbour Investments, Inc. | 0.00% | Reduce -2.9% | 335 | $19K |
| Webster Bank, N. A. | 0.00% | No change | 318 | $18K |
| Assetmark, Inc. | 0.00% | Add +227.8% | 318 | $18K |
| Caitlin John, LLC | 0.01% | Add +0.8% | 266 | $15K |
| CBIZ Investment Advisory Services, LLC | 0.00% | No change | 246 | $14K |
| Ares Financial Consulting, LLC | 0.01% | Add +0.9% | 225 | $13K |
| Motco | 0.00% | No change | 200 | $12K |
| Versant Capital Management, Inc | 0.00% | Add +1.0% | 195 | $11K |
| Nova Wealth Management, Inc. | 0.01% | New | 187 | $11K |
| Brown Brothers Harriman & Co. | 0.00% | New | 179 | $10K |
| O'shaughnessy Asset Management, LLC | 0.00% | Reduce -80.7% | 176 | $10K |
| Wilmington Savings Fund Society, FSB | 0.00% | No change | 168 | $10K |
| Downshift Financial, LLC | 0.00% | New | 161 | $9K |
| Synergy Investment Management, LLC | 0.00% | No change | 160 | $9K |
| Valley National Advisers Inc. | 0.00% | No change | 155 | $9K |
| Private Trust Co. NA | 0.00% | New | 139 | $8K |
| Hantz Financial Services, Inc. | 0.00% | New | 142 | $8K |
| Capital Investment Advisory Services, LLC | 0.00% | New | 135 | $8K |
| Atlatl Advisers LLC | 0.00% | New | 125 | $7K |
| Comprehensive Financial Planning, Inc. | 0.00% | New | 106 | $6K |
| Howe & Rusling Inc. | 0.00% | No change | 106 | $6K |
| Cape Investment Advisory, Inc. | 0.00% | New | 87 | $5K |
| WealthShield Partners, LLC | 0.00% | Reduce -11.6% | 84 | $5K |
| Keating Financial Advisory Services, Inc. | 0.00% | Reduce -14.1% | 67 | $4K |
| Fiduciary Financial Advisors | 0.00% | New | 55 | $3K |
| LifeSteps Financial, Inc. | 0.00% | New | 50 | $3K |
| Triumph Capital Management | 0.00% | No change | 50 | $3K |
| Founders Financial Alliance, LLC | 0.00% | No change | 50 | $3K |
| Ascentis Wealth Management, LLC | 0.00% | No change | 49 | $3K |
| Signature Resources Capital Management, LLC | 0.00% | No change | 47 | $3K |
| Center for Financial Planning, Inc. | 0.00% | No change | 44 | $3K |
| Tower Research Capital LLC (TRC) | 0.00% | Reduce -80.7% | 26 | $2K |
| Bear Mountain Capital, Inc. | 0.00% | New | 16 | $958 |
| JFS Wealth Advisors, LLC | 0.00% | New | 13 | $756 |
| Citigroup Inc. | 0.00% | No change | 1 | $58 |
"% of holder's portfolio" is PICK's weight in each manager's 13F, not the share of iShares MSCI Global Metals & the manager owns.