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 Total International Stock ETF
VXUS
|
+$824M |
| 2 |
Vanguard FTSE Pacific ETF
VPL
|
+$132M |
| 3 |
Invesco Ultra Short Duration ETF
GSY
|
+$103M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$91M |
| 5 |
iShares Core MSCI Europe ETF
IEUR
|
+$90.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI United Kingdom ETF
EWU
|
+$110M |
| 2 |
iShares MSCI Emerging Markets ex China ETF
EMXC
|
+$87.6M |
| 3 |
iShares MSCI EAFE Growth ETF
EFG
|
+$81.3M |
| 4 |
iShares MSCI EAFE Value ETF
EFV
|
+$76.9M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$73.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 92.87% |
| 2 | Financials | 3.24% |
| 3 | Technology | 1.3% |
| 4 | Consumer Discretionary | 1.14% |
| 5 | Healthcare | 0.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Vanguard Total International Stock ETF
VXUS
$160B
| $832M | 27.27% |
+11,030,823
| New | +$824M |
2025 Q4
0 quarters
|
|
|
2
Vanguard FTSE Pacific ETF
VPL
$8.53B
| $132M | 4.31% |
+1,455,118
| New | +$132M |
2025 Q4
0 quarters
|
|
|
3
Invesco Ultra Short Duration ETF
GSY
$4.01B
| $103M | 3.39% |
2,058,073
+2,047,310
| +19,022% | +$103M |
2023 Q4
8 quarters
|
|
|
4
iShares Core MSCI Europe ETF
IEUR
$9.6B
| $92.5M | 3.03% |
+1,302,610
| New | +$90.2M |
2025 Q4
0 quarters
|
|
|
5
State Street SPDR S&P 500 ETF Trust
SPY
$807B
| $91.8M | 3.01% |
+134,586
| New | +$91M |
2025 Q4
0 quarters
|
|
6
JPMorgan BetaBuilders Japan ETF
BBJP
$18.9B
| $78M | 2.56% |
+1,183,979
| New | +$80.5M |
2025 Q4
0 quarters
|
|
7
Berkshire Hathaway Class A
BRK.A
$1.18T
| $76.2M | 2.5% |
101
+24
| +31% | +$17.9M |
2025 Q2
2 quarters
|
|
8
Goldman Sachs MarketBeta International Equity ETF
GSID
$997M
| $51.2M | 1.68% |
+737,965
| New | +$50M |
2025 Q4
0 quarters
|
|
9
iShares Russell 2000 ETF
IWM
$76.7B
| $50.3M | 1.65% |
204,294
+180,882
| +773% | +$44.5M |
2025 Q3
1 quarter
|
|
10
iShares ESG Aware MSCI EAFE ETF
ESGD
$12B
| $43.4M | 1.42% |
+456,243
| New | +$43M |
2025 Q4
0 quarters
|
|
11
AB Ultra Short Income ETF
YEAR
$1.59B
| $42.8M | 1.4% |
+846,896
| New | +$42.9M |
2025 Q4
0 quarters
|
|
12
iShares MSCI Germany ETF
EWG
$1.56B
| $32.3M | 1.06% |
+759,894
| New | +$31.5M |
2025 Q4
0 quarters
|
|
13
Franklin FTSE Taiwan ETF
FLTW
$4.65B
| $31.4M | 1.03% |
+515,570
| New | +$31.1M |
2025 Q4
0 quarters
|
|
14
Tesla
TSLA
$1.62T
| $28.8M | 0.94% |
+64,033
| New | +$28.4M |
2025 Q4
0 quarters
|
|
15
Vanguard Morningstar Total Stock Market ETF
VTI
$691B
| $22M | 0.72% |
+65,605
| New | +$21.8M |
2025 Q4
0 quarters
|
|
16
US Global Jets ETF
JETS
$893M
| $21.1M | 0.69% |
750,037
+401,814
| +115% | +$10.4M |
2025 Q3
1 quarter
|
|
17
SPDR Gold Trust
GLD
$132B
| $18.6M | 0.61% |
+46,970
| New | +$17.9M |
2025 Q4
0 quarters
|
|
18
JPMorgan Limited Duration Bond ETF
JPLD
$4.19B
| $18.3M | 0.6% |
349,284
+315,020
| +919% | +$16.5M |
2025 Q3
1 quarter
|
|
19
iShares Global Infrastructure ETF
IGF
$10.9B
| $16.8M | 0.55% |
+274,101
| New | +$16.9M |
2025 Q4
0 quarters
|
|
20
iShares Russell 1000 Growth ETF
IWF
$122B
| $15M | 0.49% |
126,368
+27,308
| +28% | +$3.23M |
2025 Q2
2 quarters
|
|
21
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.53B
| $14.3M | 0.47% |
+166,269
| New | +$14.2M |
2025 Q4
0 quarters
|
|
22
Vanguard Morningstar Value ETF
VTV
$196B
| $12.3M | 0.4% |
64,522
+53,926
| +509% | +$10.1M |
2025 Q3
1 quarter
|
|
23
Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF
EMCR
$55.3M
| $12M | 0.39% |
323,620
-13,450
| -4% | -$495K |
2024 Q1
7 quarters
|
|
24
Vanguard Morningstar Growth ETF
VUG
$222B
| $11.6M | 0.38% |
+142,758
| New | +$11.6M |
2025 Q4
0 quarters
|
|
25
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $10.3M | 0.34% |
127,443
-34,832
| -21% | -$2.81M |
2024 Q4
4 quarters
|
|
Similar funds
Flow Traders U.S.'s Q4 2025 Portfolio in Review
As of Q4 2025, Flow Traders U.S. held 1,358 positions worth $3.05B, up 24% from $2.47B the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Flow Traders U.S. deployed $589M of net new capital in Q4 2025, opening 435 new positions and adding to 199 existing holdings. Its largest new stake was Vanguard Total International Stock ETF: 11,030,823 shares worth $832M.
By sector, the portfolio is most concentrated in Miscellaneous at 93% of assets, down from 93% a quarter earlier, followed by Financials and Technology.
On the sell side, the largest reduction was iShares MSCI EAFE Growth ETF, an estimated $81.3M trimmed.
- Flow Traders U.S.'s largest Q4 2025 buy was Vanguard Total International Stock ETF: 11,030,823 shares worth $832M.
- Flow Traders U.S. added most to Invesco Ultra Short Duration ETF in Q4 2025, an estimated $103M increase.
- Flow Traders U.S.'s biggest Q4 2025 reduction was iShares MSCI EAFE Growth ETF, cutting an estimated $81.3M.
- Flow Traders U.S. fully exited iShares MSCI United Kingdom ETF in Q4 2025, selling an estimated $110M.
- Flow Traders U.S.'s ten largest holdings make up 51% of its $3.05B portfolio in Q4 2025.
- Flow Traders U.S. opened 435 new positions and closed 469 in Q4 2025.
- Flow Traders U.S.'s portfolio value rose 24% quarter-over-quarter to $3.05B.
Based on Flow Traders U.S.'s 13F filing for Q4 2025, filed 13 Feb 2026.