iShares MSCI EAFE ETF
EFA
2,025 hedge funds and large institutions have $51.7B invested in iShares MSCI EAFE ETF in 2025 Q2 according to their latest regulatory filings, with 176 funds opening new positions, 799 increasing their positions, 680 reducing their positions, and 76 closing their positions.
132% more first-time investments, than exits
New positions opened: 176 | Existing positions closed: 76
18% more repeat investments, than reductions
Existing positions increased: 799 | Existing positions reduced: 680
15% more funds holding in top 10
Funds holding in top 10: 156 → 179 (+23)
10% more capital invested
Capital invested by funds: $47.1B → $51.7B (+$4.51B)
3% more funds holding
Funds holding: 1,959 → 2,025 (+66)
1.91% less ownership
Funds ownership: 81.93% → 80.02% (-1.9%)
21% less call options, than puts
Call options by funds: $5.04B | Put options by funds: $6.4B
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.88B |
| 2 |
Morgan Stanley
New York
|
-$297M |
| 3 |
Goldman Sachs
New York
|
-$172M |
| 4 |
Citigroup
New York
|
-$115M |
| 5 |
SG Americas Securities
New York
|
-$100M |
EFA Hedge Fund Activity: Q2 2025 in Review
2,025 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI EAFE ETF (EFA) for Q2 2025, worth a combined $51.7B — up 9.6% from $47.1B a quarter earlier.
Buyers outnumbered sellers: 176 funds opened new EFA positions and 76 closed out — a net gain of 100 holders — while 799 added to existing stakes and 680 trimmed.
The largest buyer was Cambridge Associates, opening a new position worth an estimated $300M. The largest seller was BlackRock, cutting an estimated $1.88B.
- 2,025 institutional investors held iShares MSCI EAFE ETF (EFA) as of Q2 2025, up from 1,959 in Q1 2025.
- Funds reported $51.7B of iShares MSCI EAFE ETF stock for Q2 2025, up 9.6% quarter-over-quarter.
- 176 funds opened new iShares MSCI EAFE ETF positions in Q2 2025 and 76 closed out, a net change of +100 holders.
- The largest iShares MSCI EAFE ETF buyer in Q2 2025 was Cambridge Associates, an estimated $300M added.
- The largest iShares MSCI EAFE ETF seller in Q2 2025 was BlackRock, an estimated $1.88B sold.
Based on aggregated 13F filings for Q2 2025.