We are live on ! Find out more
EFA icon

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.

New
Increased
Maintained
Reduced
Closed

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

Holders
2,025
Holders Change
+66
Holders Change %
+3.37%
% of All Funds
26.66%
Holding in Top 10
179
Holding in Top 10 Change
+23
Holding in Top 10 Change %
+14.74%
% of All Funds
2.36%
New
176
Increased
799
Reduced
680
Closed
76
Calls
$5.04B
Puts
$6.4B
Net Calls
-$1.36B
Net Calls Change
-$501M

Top Buyers

Rank Fund Capital Flow
1
CA
Cambridge Associates
Massachusetts
+$300M
2
Jane Street
Jane Street
New York
+$275M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$207M
4
State Board of Administration of Florida Retirement System
State Board of Administration of Florida Retirement System
Florida
+$200M
5
BOTOTLSJU
Board of Trustees of The Leland Stanford Junior University
California
+$197M

Top Sellers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
-$1.88B
2
Morgan Stanley
Morgan Stanley
New York
-$297M
3
Goldman Sachs
Goldman Sachs
New York
-$172M
4
Citigroup
Citigroup
New York
-$115M
5
SG Americas Securities
SG Americas Securities
New York
-$100M
Name Holding Trade Value Shares
Change 		Change in
Stake
OFS
1426
OneAscent Financial Services
Alabama
$518K -$350K -4,094 -41%
SWA
1427
Sightline Wealth Advisors
Connecticut
$515K +$2.9K +34 +0.6%
HCM
1428
Howland Capital Management
Massachusetts
$514K -$23.7K -278 -5%
FF
1429
Farrell Financial
New York
$514K +$3.5K +41 +0.7%
YIA
1430
YHB Investment Advisors
Connecticut
$512K +$19.1K +224 +4%
MAS
1431
Meeder Advisory Services
Ohio
$512K +$25.7K +301 +6%
FPL
1432
Fortress Private Ledger
North Carolina
$510K +$3.59K +42 +0.7%
ZBNA
1433
Zions Bancorporation, National Association
Utah
$510K – – –
ATC
1434
Advantage Trust Company
Kansas
$509K +$443K +5,190 +1,038%
LIM
1435
Leavell Investment Management
Alabama
$508K – – –
LWM
1436
LJI Wealth Management
Indiana
$508K -$3.93K -46 -0.8%
FA
1437
Fortis Advisors
Pennsylvania
$507K +$484K +5,669 New
BF
1438
Bonfire Financial
Colorado
$507K +$1.79K +21 +0.4%
FGG
1439
Financial Guidance Group
Florida
$504K -$18.1K -212 -4%
CP
1440
Creekside Partners
California
$504K +$5.12K +60 +1%
FFM
1441
Forum Financial Management
Illinois
$502K – – –
LRWA
1442
Long Run Wealth Advisors
New York
$500K +$8.2K +96 +2%
DFG
1443
Dynamic Financial Group
Iowa
$500K +$70.9K +831 +17%
HWA
1444
HCR Wealth Advisors
California
$499K +$44.7K +523 +10%
WWM
1445
Woodside Wealth Management
Massachusetts
$497K – – –
WDG
1446
Wealth Dimensions Group
Ohio
$496K +$85 +1 +0%
PW
1447
Potentia Wealth
California
$495K -$140K -1,645 -23%
GHAM
1448
Gilman Hill Asset Management
Connecticut
$494K -$7.68K -90 -2%
BOC
1449
Blue Oak Capital
California
$493K +$470K +5,510 New
ICP
1450
Impact Capital Partners
Colorado
$489K -$33.3K -390 -7%
56 57
58
59 60

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.