We are live on ! Find out more
EWG icon

iShares MSCI Germany ETF
EWG

244 hedge funds and large institutions have $1.06B invested in iShares MSCI Germany ETF in 2025 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 73 increasing their positions, 67 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 67

7% less funds holding

Funds holding: 263 → 244 (-19)

7.68% less ownership

Funds ownership: 57.02% → 49.33% (-7.7%)

25% less funds holding in top 10

Funds holding in top 10: 4 → 3 (-1)

33% less call options, than puts

Call options by funds: $61.9M | Put options by funds: $92.5M

33% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 54

35% less capital invested

Capital invested by funds: $1.63B → $1.06B (-$573M)

Holders
244
Holders Change
-19
Holders Change %
-7.22%
% of All Funds
3.2%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
36
Increased
73
Reduced
67
Closed
54
Calls
$61.9M
Puts
$92.5M
Net Calls
-$30.6M
Net Calls Change
+$67.2M

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$33.7M
2
Ameriprise
Ameriprise
Minnesota
+$22.7M
3
Bank of America
Bank of America
North Carolina
+$22.7M
4
Marshall Wace
Marshall Wace
United Kingdom
+$22.1M
5
RP
Rice Partnership
Hawaii
+$10.6M

Top Sellers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
-$325M
2
HSBC Holdings
HSBC Holdings
United Kingdom
-$159M
3
Bank of Montreal
Bank of Montreal
Ontario, Canada
-$53.3M
4
PMAM
Picton Mahoney Asset Management
Ontario, Canada
-$27M
5
OPAM
Ocean Park Asset Management
California
-$21.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
OAM
251
Oppenheimer Asset Management
New York
– -$4.58M -108,264 Closed
MPA
252
Marvin & Palmer Associates
Delaware
– -$4.41M -104,156 Closed
MCM
253
Monument Capital Management
Virginia
– -$3.68M -86,901 Closed
Renaissance Technologies
254
Renaissance Technologies
New York
– -$3.37M -79,600 Closed
NWM
255
Napa Wealth Management
California
– -$2.63M -62,156 Closed
NEI
256
Northwest & Ethical Investments
Ontario, Canada
– -$2.46M -58,200 Closed
FTUS
257
Flow Traders U.S.
New York
– -$2.44M -57,628 Closed
AIC
258
Anthracite Investment Company
Texas
– -$2.28M -54,000 Closed
HC
259
Henshaw Capital
Massachusetts
– -$2.19M -51,803 Closed
MA
260
MONECO Advisors
Connecticut
– -$1.75M -41,339 Closed
GWM
261
Geneos Wealth Management
Colorado
– -$1.61M -38,013 Closed
PFS
262
Prospera Financial Services
Texas
– -$1.46M -34,589 Closed
WCA
263
Waratah Capital Advisors
Ontario, Canada
– -$1.23M -29,059 Closed
SC
264
Summa Corp
Texas
– -$1.09M -25,650 Closed
TC
265
Torno Capital
Massachusetts
– -$1.05M -25,000 Closed
PP
266
Prudential plc
United Kingdom
– -$993K -23,460 Closed
GCM
267
Generation Capital Management
New York
– -$917K -21,680 Closed
CSS
268
Cubist Systematic Strategies
Connecticut
– -$890K -21,034 Closed
PWM
269
Perigon Wealth Management
California
– -$827K -19,555 Closed
WA
270
WESPAC Advisors
California
– -$763K -18,044 Closed
Cerity Partners
271
Cerity Partners
New York
– -$738K -17,448 Closed
SFC
272
Strategic Financial Concepts
Texas
– -$664K -15,696 Closed
TI
273
Tidal Investments
Wisconsin
– -$619K -14,640 Closed
BI
274
BFI Infinity
Switzerland
– -$552K -13,169 Closed
BCM
275
Barometer Capital Management
Ontario, Canada
– -$529K -12,500 Closed
8 9 10
11
12

EWG Hedge Fund Activity: Q3 2025 in Review

244 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Germany ETF (EWG) for Q3 2025, worth a combined $1.06B — down 35% from $1.63B a quarter earlier.

Sellers outnumbered buyers: 54 funds closed out of EWG and 36 opened new positions — a net loss of 18 holders — while 67 trimmed existing stakes and 73 added.

The largest buyer was BlackRock, adding an estimated $33.7M. The largest seller was Jane Street, exiting entirely with an estimated $325M sold.

  • 244 institutional investors held iShares MSCI Germany ETF (EWG) as of Q3 2025, down from 263 in Q2 2025.
  • Funds reported $1.06B of iShares MSCI Germany ETF stock for Q3 2025, down 35% quarter-over-quarter.
  • 36 funds opened new iShares MSCI Germany ETF positions in Q3 2025 and 54 closed out, a net change of -18 holders.
  • The largest iShares MSCI Germany ETF buyer in Q3 2025 was BlackRock, an estimated $33.7M added.
  • The largest iShares MSCI Germany ETF seller in Q3 2025 was Jane Street, an estimated $325M sold.

Based on aggregated 13F filings for Q3 2025.