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iShares MSCI ACWI ex US ETF

532 hedge funds and large institutions have $4.31B invested in iShares MSCI ACWI ex US ETF in 2025 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 198 increasing their positions, 150 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

182% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 22

32% more repeat investments, than reductions

Existing positions increased: 198 | Existing positions reduced: 150

23% more funds holding in top 10

Funds holding in top 10: 2227 (+5)

15% more capital invested

Capital invested by funds: $3.75B → $4.31B (+$559M)

7% more funds holding

Funds holding: 497532 (+35)

3.07% more ownership

Funds ownership: 63.79%66.86% (+3.1%)

Holders
532
Holders Change
+35
Holders Change %
+7.04%
% of All Funds
7%
Holding in Top 10
27
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+22.73%
% of All Funds
0.36%
New
62
Increased
198
Reduced
150
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$326M -$32.7M -565,883 -10%
Morgan Stanley
2
Morgan Stanley
New York
$273M +$26.3M +455,614 +11%
BlackRock
3
BlackRock
New York
$263M -$24.9M -430,916 -9%
UBS Group
4
UBS Group
Switzerland
$164M -$8.73M -151,267 -5%
MFG
5
Merit Financial Group
Georgia
$159M +$51.9M +898,849 +52%
GAB
6
German American Bancorp
Indiana
$95.7M -$390K -6,757 -0.4%
Focus Partners Wealth
7
Focus Partners Wealth
Massachusetts
$91.3M +$4.43M +76,661 +5%
Ameriprise
8
Ameriprise
Minnesota
$88.9M +$22.5M +390,483 +37%
ST
9
Sageworth Trust
Pennsylvania
$88.8M -$1.31M -22,719 -2%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$86.5M +$66.7M +1,155,767 +438%
Goldman Sachs
11
Goldman Sachs
New York
$72.2M -$2.2M -38,139 -3%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$71.8M +$7.57M +131,071 +13%
JP Morgan Chase
13
JP Morgan Chase
New York
$70.7M +$18.6M +321,797 +38%
RFC
14
Regions Financial Corp
Alabama
$64.4M -$4.62M -80,032 -7%
C
15
Cliffwater
California
$63.9M -$2.89M -50,056 -5%
GIM
16
Glenmede Investment Management
Pennsylvania
$63.5M +$60.1M +1,041,196 New
WAG
17
Winthrop Advisory Group
Massachusetts
$59M +$2.78M +48,116 +5%
Jane Street
18
Jane Street
New York
$56.1M -$16.1M -278,685 -23%
CWM
19
Calamos Wealth Management
Illinois
$54.7M +$1.78M +30,761 +4%
CAPTRUST Financial Advisors
20
CAPTRUST Financial Advisors
North Carolina
$53.5M -$9.84M -170,391 -16%
Cerity Partners
21
Cerity Partners
New York
$51.9M -$1.39M -23,994 -3%
GAG
22
GM Advisory Group
New York
$50.5M +$3.29M +57,035 +7%
TF
23
TLWM Financial
Texas
$49.5M -$618K -10,701 -1%
MML Investors Services
24
MML Investors Services
Massachusetts
$45.5M +$15.6M +270,804 +57%
US Bancorp
25
US Bancorp
Minnesota
$43.7M -$1.64M -28,370 -4%

ACWX Hedge Fund Activity: Q2 2025 in Review

532 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI ACWI ex US ETF (ACWX) for Q2 2025, worth a combined $4.31B — up 15% from $3.75B a quarter earlier.

Buyers outnumbered sellers: 62 funds opened new ACWX positions and 22 closed out — a net gain of 40 holders — while 198 added to existing stakes and 150 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $66.7M. The largest seller was Bank of America, cutting an estimated $32.7M.

  • 532 institutional investors held iShares MSCI ACWI ex US ETF (ACWX) as of Q2 2025, up from 497 in Q1 2025.
  • Funds reported $4.31B of iShares MSCI ACWI ex US ETF stock for Q2 2025, up 15% quarter-over-quarter.
  • 62 funds opened new iShares MSCI ACWI ex US ETF positions in Q2 2025 and 22 closed out, a net change of +40 holders.
  • The largest iShares MSCI ACWI ex US ETF buyer in Q2 2025 was Royal Bank of Canada, an estimated $66.7M added.
  • The largest iShares MSCI ACWI ex US ETF seller in Q2 2025 was Bank of America, an estimated $32.7M sold.

Based on aggregated 13F filings for Q2 2025.