iShares MSCI ACWI ex US ETF
ACWX
550 hedge funds and large institutions have $4.5B invested in iShares MSCI ACWI ex US ETF in 2025 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 185 increasing their positions, 154 reducing their positions, and 25 closing their positions.
96% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 25
20% more repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 154
3% more funds holding
Funds holding: 534 → 550 (+16)
4% more capital invested
Capital invested by funds: $4.34B → $4.5B (+$159M)
0% more funds holding in top 10
Funds holding in top 10: 28 → 28 (0)
1.93% less ownership
Funds ownership: 67.34% → 65.42% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$51.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$22.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$17.8M |
| 4 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$11.4M |
| 5 |
AM
Atwater Malick
Lancaster,
Pennsylvania
|
+$9.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$139M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$65.8M |
| 3 |
Jane Street
New York
|
-$52.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$26.3M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$20.2M |
ACWX Hedge Fund Activity: Q3 2025 in Review
550 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI ACWI ex US ETF (ACWX) for Q3 2025, worth a combined $4.5B — up 3.7% from $4.34B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new ACWX positions and 25 closed out — a net gain of 24 holders — while 185 added to existing stakes and 154 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $51.6M. The largest seller was Merit Financial Group, cutting an estimated $139M.
- 550 institutional investors held iShares MSCI ACWI ex US ETF (ACWX) as of Q3 2025, up from 534 in Q2 2025.
- Funds reported $4.5B of iShares MSCI ACWI ex US ETF stock for Q3 2025, up 3.7% quarter-over-quarter.
- 49 funds opened new iShares MSCI ACWI ex US ETF positions in Q3 2025 and 25 closed out, a net change of +24 holders.
- The largest iShares MSCI ACWI ex US ETF buyer in Q3 2025 was Morgan Stanley, an estimated $51.6M added.
- The largest iShares MSCI ACWI ex US ETF seller in Q3 2025 was Merit Financial Group, an estimated $139M sold.
Based on aggregated 13F filings for Q3 2025.