iShares MSCI EAFE ETF
EFA
1,746 hedge funds and large institutions have $36.9B invested in iShares MSCI EAFE ETF in 2023 Q3 according to their latest regulatory filings, with 87 funds opening new positions, 541 increasing their positions, 716 reducing their positions, and 100 closing their positions.
1.42% more ownership
Funds ownership: 77.93% → 79.34% (+1.4%)
2% less funds holding
Funds holding: 1,779 → 1,746 (-33)
6% less capital invested
Capital invested by funds: $39.3B → $36.9B (-$2.44B)
6% less funds holding in top 10
Funds holding in top 10: 173 → 162 (-11)
13% less first-time investments, than exits
New positions opened: 87 | Existing positions closed: 100
24% less repeat investments, than reductions
Existing positions increased: 541 | Existing positions reduced: 716
37% less call options, than puts
Call options by funds: $4.1B | Put options by funds: $6.48B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
US Bancorp
Minneapolis,
Minnesota
|
+$404M |
| 2 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$343M |
| 3 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
+$253M |
| 4 |
SG Americas Securities
New York
|
+$230M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$213M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$638M |
| 2 |
JP Morgan Chase
New York
|
-$347M |
| 3 |
BOTOTLSJU
Board of Trustees of The Leland Stanford Junior University
Redwood City,
California
|
-$211M |
| 4 |
CM
Churchill Management
Los Angeles,
California
|
-$190M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$123M |
EFA Hedge Fund Activity: Q3 2023 in Review
1,746 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI EAFE ETF (EFA) for Q3 2023, worth a combined $36.9B — down 6.2% from $39.3B a quarter earlier.
Sellers outnumbered buyers: 100 funds closed out of EFA and 87 opened new positions — a net loss of 13 holders — while 716 trimmed existing stakes and 541 added.
The largest buyer was US Bancorp, adding an estimated $404M. The largest seller was Susquehanna International Group, cutting an estimated $638M.
- 1,746 institutional investors held iShares MSCI EAFE ETF (EFA) as of Q3 2023, down from 1,779 in Q2 2023.
- Funds reported $36.9B of iShares MSCI EAFE ETF stock for Q3 2023, down 6.2% quarter-over-quarter.
- 87 funds opened new iShares MSCI EAFE ETF positions in Q3 2023 and 100 closed out, a net change of -13 holders.
- The largest iShares MSCI EAFE ETF buyer in Q3 2023 was US Bancorp, an estimated $404M added.
- The largest iShares MSCI EAFE ETF seller in Q3 2023 was Susquehanna International Group, an estimated $638M sold.
Based on aggregated 13F filings for Q3 2023.