Capula Management’s iShares MSCI Japan ETF EWJ Stock Holding History

Capula Management’s Portfolio EWJ Stock Details EWJ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-3,000	Closed	-$241K	–	854
2025 Q3	$241K	Buy	+3,000	New	+$232K	﹤0.01%	568
2021 Q4	–	Sell	-450,000	Closed	-$31.6M	–	403
2021 Q3	$31.6M	Buy	450,000 +400,000	+800%	+$27.7M	0.39%	40
2021 Q2	$3.38M	Hold	50,000	–	–	0.05%	233
2021 Q1	$3.43M	Buy	+50,000	New	+$3.46M	0.07%	251
2020 Q3	–	Sell	-200,000	Closed	-$11M	–	198
2020 Q2	$11M	Buy	+200,000	New	+$10.6M	0.39%	62

Other funds holding EWJ

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

FCAS

First Command Advisory Services Fort Worth, Texas $14.8B AUM 18.11% 1-Year Est. Return

TD Asset Management Toronto, Ontario, Canada $123B AUM 34.51% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Fisher Asset Management Camas, Washington $295B AUM 31.6% 1-Year Est. Return

Capula Management's EWJ Position: Q4 2025 in Review

Capula Management sold out of iShares MSCI Japan ETF (EWJ) in Q4 2025, closing a stake of 910 shares — an estimated $73K sold.

Capula Management first reported a position in EWJ in Q3 2023 and held it in 3 quarters. The position peaked at $1.26M in Q4 2023. 719 funds tracked by Wall St. Rank hold EWJ as of Q4 2025.

Capula Management reported no remaining iShares MSCI Japan ETF position as of Q4 2025 after selling out during the quarter.
Capula Management sold 910 iShares MSCI Japan ETF shares in Q4 2025, an estimated $73K.
Capula Management first reported a position in iShares MSCI Japan ETF in Q3 2023 and held it in 3 quarters.
Capula Management's iShares MSCI Japan ETF position peaked at $1.26M in Q4 2023.
719 funds tracked by Wall St. Rank held iShares MSCI Japan ETF as of Q4 2025.

Based on Capula Management's 13F filing for Q4 2025, filed 13 Feb 2026.