iShares Disciplined Volatility Equity Active ETF
BDVL
80 hedge funds and large institutions have $1.73B invested in iShares Disciplined Volatility Equity Active ETF in 2025 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 39 increasing their positions, 20 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
95% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 20
16% more funds holding
Funds holding: 69 → 80 (+11)
11% more capital invested
Capital invested by funds: $1.56B → $1.73B (+$173M)
3.1% less ownership
Funds ownership: 124.63% → 121.54% (-3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$68.5M |
| 2 |
LPL Financial
San Diego,
California
|
+$39.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$37.5M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$22.6M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$5.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$6.32M |
| 2 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$3.52M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.34M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.47M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$893K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CPG
76
Cornerstone Planning Group
Fairfield,
New Jersey
| $47K | – | – | – |
|
77
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $16K | +$16.5K | +659 | New |
|
|
AG
78
AmeriFlex Group
Las Vegas,
Nevada
| $13.2K | -$12.6K | -502 | -49% |
|
|
GRP
79
Global Retirement Partners
San Rafael,
California
| $4.24K | -$125K | -5,007 | -97% |
|
|
AWM
80
AE Wealth Management
Topeka,
Kansas
| $1.46K | – | – | – |
|
|
81
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$893K | -35,703 | Closed |
|
82
UBS Group
Zurich,
Switzerland
| – | -$156K | -6,233 | Closed |
|
|
LFA
83
LGT Financial Advisors
Dallas,
Texas
| – | -$107K | -4,268 | Closed |
|
|
LWMI
84
Legacy Wealth Management (Idaho)
Boise,
Idaho
| – | -$103K | -4,111 | Closed |
|
|
PS
85
Principal Securities
Des Moines,
Iowa
| – | -$83.4K | -3,336 | Closed |
|
86
Jones Financial Companies
Des Peres,
Missouri
| – | -$16.9K | -679 | Closed |
|
|
FFA
87
Founders Financial Alliance
Raleigh,
North Carolina
| – | -$16.4K | -654 | Closed |
|
BDVL Hedge Fund Activity: Q4 2025 in Review
80 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in iShares Disciplined Volatility Equity Active ETF (BDVL) for Q4 2025, worth a combined $1.73B — up 11% from $1.56B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BDVL positions and 7 closed out — a net gain of 11 holders — while 39 added to existing stakes and 20 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $68.5M. The largest seller was Jane Street, cutting an estimated $6.32M.
- 80 institutional investors held iShares Disciplined Volatility Equity Active ETF (BDVL) as of Q4 2025, up from 69 in Q3 2025.
- Funds reported $1.73B of iShares Disciplined Volatility Equity Active ETF stock for Q4 2025, up 11% quarter-over-quarter.
- 18 funds opened new iShares Disciplined Volatility Equity Active ETF positions in Q4 2025 and 7 closed out, a net change of +11 holders.
- The largest iShares Disciplined Volatility Equity Active ETF buyer in Q4 2025 was Envestnet Asset Management, an estimated $68.5M added.
- The largest iShares Disciplined Volatility Equity Active ETF seller in Q4 2025 was Jane Street, an estimated $6.32M sold.
Based on aggregated 13F filings for Q4 2025.