iShares MSCI EAFE Min Vol Factor ETF
EFAV
543 hedge funds and large institutions have $3.74B invested in iShares MSCI EAFE Min Vol Factor ETF in 2026 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 150 increasing their positions, 182 reducing their positions, and 34 closing their positions.
44% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 34
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
1% more funds holding
Funds holding: 537 → 543 (+6)
4% more capital invested
Capital invested by funds: $3.61B → $3.74B (+$128M)
0.01% more ownership
Funds ownership: 69.78% → 69.79% (+0.01%)
18% less repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 182
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$17.9M |
| 2 |
Morgan Stanley
New York
|
+$14.8M |
| 3 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$9.86M |
| 4 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$9.6M |
| 5 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$9.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$38.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$33.6M |
| 3 |
Jane Street
New York
|
-$24.3M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$14.3M |
| 5 |
PUI
Purpose Unlimited Inc
Toronto,
|
-$14M |
EFAV Hedge Fund Activity: Q1 2026 in Review
543 institutional investors reported a position in iShares MSCI EAFE Min Vol Factor ETF (EFAV) for Q1 2026, worth a combined $3.74B — up 3.6% from $3.61B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new EFAV positions and 34 closed out — a net gain of 15 holders — while 150 added to existing stakes and 182 trimmed.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $17.9M. The largest seller was BlackRock, cutting an estimated $38.9M.
- 543 institutional investors held iShares MSCI EAFE Min Vol Factor ETF (EFAV) as of Q1 2026, up from 537 in Q4 2025.
- Funds reported $3.74B of iShares MSCI EAFE Min Vol Factor ETF stock for Q1 2026, up 3.6% quarter-over-quarter.
- 49 funds opened new iShares MSCI EAFE Min Vol Factor ETF positions in Q1 2026 and 34 closed out, a net change of +15 holders.
- The largest iShares MSCI EAFE Min Vol Factor ETF buyer in Q1 2026 was Penserra Capital Management, an estimated $17.9M added.
- The largest iShares MSCI EAFE Min Vol Factor ETF seller in Q1 2026 was BlackRock, an estimated $38.9M sold.
Based on aggregated 13F filings for Q1 2026.