iShares MSCI ACWI ex US ETF
ACWX
608 hedge funds and large institutions have $5.78B invested in iShares MSCI ACWI ex US ETF in 2025 Q4 according to their latest regulatory filings, with 92 funds opening new positions, 257 increasing their positions, 122 reducing their positions, and 25 closing their positions.
268% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 25
111% more repeat investments, than reductions
Existing positions increased: 257 | Existing positions reduced: 122
28% more capital invested
Capital invested by funds: $4.5B → $5.78B (+$1.27B)
18% more funds holding in top 10
Funds holding in top 10: 28 → 33 (+5)
11% more funds holding
Funds holding: 550 → 608 (+58)
7.68% more ownership
Funds ownership: 65.42% → 73.09% (+7.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$154M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$149M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$106M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$84.9M |
| 5 |
Jennison Associates
New York
|
+$47.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$11.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$10.9M |
| 3 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$7.75M |
| 4 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$4.99M |
| 5 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
-$4.93M |
ACWX Hedge Fund Activity: Q4 2025 in Review
608 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI ACWI ex US ETF (ACWX) for Q4 2025, worth a combined $5.78B — up 28% from $4.5B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new ACWX positions and 25 closed out — a net gain of 67 holders — while 257 added to existing stakes and 122 trimmed.
The largest buyer was Jane Street, adding an estimated $154M. The largest seller was Bank of Nova Scotia, exiting entirely with an estimated $11.9M sold.
- 608 institutional investors held iShares MSCI ACWI ex US ETF (ACWX) as of Q4 2025, up from 550 in Q3 2025.
- Funds reported $5.78B of iShares MSCI ACWI ex US ETF stock for Q4 2025, up 28% quarter-over-quarter.
- 92 funds opened new iShares MSCI ACWI ex US ETF positions in Q4 2025 and 25 closed out, a net change of +67 holders.
- The largest iShares MSCI ACWI ex US ETF buyer in Q4 2025 was Jane Street, an estimated $154M added.
- The largest iShares MSCI ACWI ex US ETF seller in Q4 2025 was Bank of Nova Scotia, an estimated $11.9M sold.
Based on aggregated 13F filings for Q4 2025.