Nan Fung Trinity’s iShares MSCI Brazil ETF EWZ Stock Holding History

Nan Fung Trinity’s Portfolio EWZ Stock Details EWZ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-2,005,000	Closed	-$63.7M	–	73
2025 Q4	$63.7M	Hold	2,005,000	–	–	5.05%	2
2025 Q3	$62.2M	Buy	2,005,000 +1,157,900	+137%	+$33.1M	6.2%	2
2025 Q2	$24.4M	Buy	+847,100	New	+$22.9M	2.92%	9
2023 Q2	–	Sell	-214,000	Closed	-$5.86M	–	17
2023 Q1	$5.86M	Buy	+214,000	New	+$6M	1.56%	14
2021 Q3	–	Sell	-250,000	Closed	-$10.1M	–	33
2021 Q2	$10.1M	Sell	250,000 -147,400	-37%	-$5.56M	2.12%	17
2021 Q1	$13.3M	Buy	397,400 +114,000	+40%	+$3.95M	2.92%	15
2020 Q4	$10.5M	Buy	+283,400	New	+$9.14M	1.86%	17

Other funds holding EWZ

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

State of Tennessee, Department of Treasury Nashville, Tennessee $33.7B AUM 43.08% 1-Year Est. Return

Bank of Nova Scotia Toronto, Ontario, Canada $66.2B AUM 46.3% 1-Year Est. Return

BNP Paribas Financial Markets Paris, France $289B AUM 60.46% 1-Year Est. Return

DFO

Duquesne Family Office New York $5.21B AUM 87.01% 1-Year Est. Return

Phoenix Financial Givatayim, Israel $14.6B AUM 57.48% 1-Year Est. Return

Allspring Global Investments Charlotte, North Carolina $65.2B AUM 39.42% 1-Year Est. Return

BHCM

Brevan Howard Capital Management St. Helier, Jersey $13.5B AUM 44.56% 1-Year Est. Return

Nan Fung Trinity's EWZ Position: Q1 2026 in Review

Nan Fung Trinity sold out of iShares MSCI Brazil ETF (EWZ) in Q1 2026, closing a stake of 2,005,000 shares — an estimated $63.7M sold.

Nan Fung Trinity first reported a position in EWZ in Q4 2020 and held it in 7 quarters. The position peaked at $63.7M in Q4 2025. 413 funds tracked by Wall St. Rank hold EWZ as of Q1 2026.

Nan Fung Trinity reported no remaining iShares MSCI Brazil ETF position as of Q1 2026 after selling out during the quarter.
Nan Fung Trinity sold 2,005,000 iShares MSCI Brazil ETF shares in Q1 2026, an estimated $63.7M.
Nan Fung Trinity first reported a position in iShares MSCI Brazil ETF in Q4 2020 and held it in 7 quarters.
Nan Fung Trinity's iShares MSCI Brazil ETF position peaked at $63.7M in Q4 2025.
413 funds tracked by Wall St. Rank held iShares MSCI Brazil ETF as of Q1 2026.

Based on Nan Fung Trinity's 13F filing for Q1 2026, filed 5 May 2026.