State Street SPDR MSCI ACWI ex-US ETF
CWI
259 hedge funds and large institutions have $1.88B invested in State Street SPDR MSCI ACWI ex-US ETF in 2025 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 92 increasing their positions, 70 reducing their positions, and 12 closing their positions.
183% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 12
31% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 70
14% more capital invested
Capital invested by funds: $1.65B → $1.88B (+$233M)
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
6% more funds holding
Funds holding: 245 → 259 (+14)
3.17% more ownership
Funds ownership: 76.37% → 79.53% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$75.9M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$26.4M |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$16.5M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$15M |
| 5 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VA
VestGen Advisors
Inverness,
Illinois
|
-$5.81M |
| 2 |
Jane Street
New York
|
-$3.69M |
| 3 |
APP
Avantax Planning Partners
Dubuque,
Iowa
|
-$3.59M |
| 4 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$1.98M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$1.75M |
CWI Hedge Fund Activity: Q4 2025 in Review
259 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI ACWI ex-US ETF (CWI) for Q4 2025, worth a combined $1.88B — up 14% from $1.65B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new CWI positions and 12 closed out — a net gain of 22 holders — while 92 added to existing stakes and 70 trimmed.
The largest buyer was Bank of America, adding an estimated $75.9M. The largest seller was VestGen Advisors, cutting an estimated $5.81M.
- 259 institutional investors held State Street SPDR MSCI ACWI ex-US ETF (CWI) as of Q4 2025, up from 245 in Q3 2025.
- Funds reported $1.88B of State Street SPDR MSCI ACWI ex-US ETF stock for Q4 2025, up 14% quarter-over-quarter.
- 34 funds opened new State Street SPDR MSCI ACWI ex-US ETF positions in Q4 2025 and 12 closed out, a net change of +22 holders.
- The largest State Street SPDR MSCI ACWI ex-US ETF buyer in Q4 2025 was Bank of America, an estimated $75.9M added.
- The largest State Street SPDR MSCI ACWI ex-US ETF seller in Q4 2025 was VestGen Advisors, an estimated $5.81M sold.
Based on aggregated 13F filings for Q4 2025.