Flow Traders U.S. Portfolio holdings
Flow Traders U.S. is the American arm of Flow Traders, a market maker founded in Amsterdam in 2004 that built its business on exchange-traded products. Flow Traders continuously quotes buy and sell prices for ETPs, options, fixed income products and currencies. Its New York office opened in 2009 and is the main hub for US trading in ETPs, fixed income and digital assets, with a Chicago office added in early 2023. In the U.S. it also makes markets in high yield corporate bonds, posting streaming prices on the MarketAxess trading platform.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard FTSE Pacific ETF
VPL
|
+$157M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$73M |
| 3 |
SPDR Gold Trust
GLD
|
+$67.8M |
| 4 |
iShares Europe ETF
IEV
|
+$56.8M |
| 5 |
iShares MSCI United Kingdom ETF
EWU
|
+$52M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Value ETF
EFV
|
+$191M |
| 2 |
iShares MSCI EAFE Growth ETF
EFG
|
+$182M |
| 3 |
State Street SPDR EURO STOXX 50 ETF
FEZ
|
+$51.5M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
+$48.8M |
| 5 |
iShares MSCI France ETF
EWQ
|
+$37.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 96.74% |
| 2 | Technology | 1.33% |
| 3 | Consumer Discretionary | 0.72% |
| 4 | Financials | 0.58% |
| 5 | Industrials | 0.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Vanguard FTSE Pacific ETF
VPL
$8.4B
| $184M | 6.79% |
2,236,667
+2,063,117
| +1,189% | +$157M |
2025 Q1
1 quarter
|
|
|
2
iShares MSCI United Kingdom ETF
EWU
$3.76B
| $126M | 4.64% |
3,167,448
+1,351,538
| +74% | +$52M |
2024 Q4
2 quarters
|
|
|
3
SPDR Gold Trust
GLD
$132B
| $92.9M | 3.43% |
304,814
+223,744
| +276% | +$67.8M |
2025 Q1
1 quarter
|
|
4
iShares MSCI Emerging Markets ex China ETF
EMXC
$25.4B
| $84.7M | 3.13% |
1,342,097
+870,883
| +185% | +$50.7M |
2025 Q1
1 quarter
|
|
|
5
iShares Core S&P 500 ETF
IVV
$866B
| $79M | 2.92% |
+127,206
| New | +$73M |
2025 Q2
0 quarters
|
|
|
6
iShares Europe ETF
IEV
$1.57B
| $59.1M | 2.18% |
+934,347
| New | +$56.8M |
2025 Q2
0 quarters
|
|
7
iShares Core MSCI International Developed Markets ETF
IDEV
$34B
| $42.5M | 1.57% |
+559,409
| New | +$40.4M |
2025 Q2
0 quarters
|
|
8
iShare MSCI Eurozone ETF
EZU
$9.22B
| $35.4M | 1.31% |
596,019
+581,234
| +3,931% | +$32.9M |
2025 Q1
1 quarter
|
|
9
iShares MSCI Spain ETF
EWP
$1.97B
| $30.7M | 1.13% |
+697,478
| New | +$28.8M |
2025 Q2
0 quarters
|
|
10
Vanguard S&P 500 ETF
VOO
$1.02T
| $27.4M | 1.01% |
48,246
+30,119
| +166% | +$15.8M |
2023 Q4
6 quarters
|
|
11
Invesco QQQ Trust
QQQ
$460B
| $27.1M | 1% |
+49,134
| New | +$24.4M |
2025 Q2
0 quarters
|
|
12
iShares MSCI Global Min Vol Factor ETF
ACWV
$3.44B
| $26.2M | 0.97% |
220,764
+207,184
| +1,526% | +$24.1M |
2025 Q1
1 quarter
|
|
13
iShares MSCI EAFE Small-Cap ETF
SCZ
$12.9B
| $25.3M | 0.93% |
347,919
+302,054
| +659% | +$20.4M |
2025 Q1
1 quarter
|
|
14
iShares 20+ Year Treasury Bond ETF
TLT
$47.6B
| $24.9M | 0.92% |
281,699
+113,031
| +67% | +$9.9M |
2025 Q1
1 quarter
|
|
15
JPMorgan BetaBuilders Europe ETF
BBEU
$9.1B
| $24.8M | 0.92% |
+367,578
| New | +$23.8M |
2025 Q2
0 quarters
|
|
16
ProShares UltraPro QQQ
TQQQ
$30.6B
| $24.6M | 0.91% |
593,826
+197,226
| +50% | +$6.24M |
2025 Q1
1 quarter
|
|
17
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$48.4B
| $23.1M | 0.85% |
252,226
+50,483
| +25% | +$4.62M |
2025 Q1
1 quarter
|
|
18
JPMorgan BetaBuilders Japan ETF
BBJP
$18.7B
| $22.9M | 0.85% |
370,675
+126,035
| +52% | +$7.35M |
2024 Q4
2 quarters
|
|
|
19
iShares MSCI France ETF
EWQ
$350M
| $22.7M | 0.84% |
531,187
-901,773
| -63% | -$37.2M |
2024 Q3
3 quarters
|
|
20
Schwab International Equity ETF
SCHF
$67.6B
| $21M | 0.78% |
+951,028
| New | +$19.8M |
2025 Q2
0 quarters
|
|
21
iShares MSCI ACWI ex US ETF
ACWX
$17.8B
| $20.2M | 0.75% |
+331,661
| New | +$19.1M |
2025 Q2
0 quarters
|
|
22
Schwab Fundamental International Small Company Index ETF
FNDC
$3.05B
| $18.6M | 0.69% |
442,029
+262,893
| +147% | +$10.2M |
2024 Q3
3 quarters
|
|
23
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
$7.89B
| $18.3M | 0.67% |
+182,438
| New | +$18.2M |
2025 Q2
0 quarters
|
|
24
Vanguard Russell 2000 ETF
VTWO
$16.7B
| $18.2M | 0.67% |
+208,460
| New | +$17M |
2025 Q2
0 quarters
|
|
25
iShares 0-1 Year Treasury Bond ETF
SHV
$21.4B
| $17.3M | 0.64% |
156,982
-6,015
| -4% | -$663K |
2024 Q3
3 quarters
|
|
Similar funds
Flow Traders U.S.'s Q2 2025 Portfolio in Review
As of Q2 2025, Flow Traders U.S. held 1,355 positions worth $2.71B, up 14% from $2.37B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Flow Traders U.S. deployed $174M of net new capital in Q2 2025, opening 452 new positions and adding to 233 existing holdings. Its largest new stake was iShares Core S&P 500 ETF: 127,206 shares worth $79M.
By sector, the portfolio is most concentrated in Miscellaneous at 97% of assets, down from 99% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was iShares MSCI France ETF, an estimated $37.2M trimmed.
- Flow Traders U.S.'s largest Q2 2025 buy was iShares Core S&P 500 ETF: 127,206 shares worth $79M.
- Flow Traders U.S. added most to Vanguard FTSE Pacific ETF in Q2 2025, an estimated $157M increase.
- Flow Traders U.S.'s biggest Q2 2025 reduction was iShares MSCI France ETF, cutting an estimated $37.2M.
- Flow Traders U.S. fully exited iShares MSCI EAFE Value ETF in Q2 2025, selling an estimated $191M.
- Flow Traders U.S.'s ten largest holdings make up 28% of its $2.71B portfolio in Q2 2025.
- Flow Traders U.S. opened 452 new positions and closed 440 in Q2 2025.
- Flow Traders U.S.'s portfolio value rose 14% quarter-over-quarter to $2.71B.
Based on Flow Traders U.S.'s 13F filing for Q2 2025, filed 13 Aug 2025.