iShares MSCI Japan ETF
638 hedge funds and large institutions have $11.2B invested in iShares MSCI Japan ETF in 2025 Q3 according to their latest regulatory filings, with 82 funds opening new positions, 194 increasing their positions, 181 reducing their positions, and 51 closing their positions.
429% more call options, than puts
Call options by funds: $691M | Put options by funds: $131M
61% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 51
3% more funds holding
Funds holding: 618 → 638 (+20)
7% more repeat investments, than reductions
Existing positions increased: 194 | Existing positions reduced: 181
2% more capital invested
Capital invested by funds: $11B → $11.2B (+$213M)
0.04% more ownership
Funds ownership: 71.83% → 71.86% (+0.04%)
14% less funds holding in top 10
Funds holding in top 10: 21 → 18 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$190M |
| 2 |
Jane Street
New York
|
+$86.5M |
| 3 |
Morgan Stanley
New York
|
+$59.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$54.4M |
| 5 |
JP Morgan Chase
New York
|
+$51.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$488M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$121M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$84.4M |
| 4 |
FCAS
First Command Advisory Services
Fort Worth,
Texas
|
-$82.2M |
| 5 |
BlackRock
New York
|
-$63.9M |
EWJ Hedge Fund Activity: Q3 2025 in Review
638 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Japan ETF (EWJ) for Q3 2025, worth a combined $11.2B — up 1.9% from $11B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new EWJ positions and 51 closed out — a net gain of 31 holders — while 194 added to existing stakes and 181 trimmed.
The largest buyer was HSBC Holdings, adding an estimated $190M. The largest seller was Bank of Montreal, cutting an estimated $488M.
- 638 institutional investors held iShares MSCI Japan ETF (EWJ) as of Q3 2025, up from 618 in Q2 2025.
- Funds reported $11.2B of iShares MSCI Japan ETF stock for Q3 2025, up 1.9% quarter-over-quarter.
- 82 funds opened new iShares MSCI Japan ETF positions in Q3 2025 and 51 closed out, a net change of +31 holders.
- The largest iShares MSCI Japan ETF buyer in Q3 2025 was HSBC Holdings, an estimated $190M added.
- The largest iShares MSCI Japan ETF seller in Q3 2025 was Bank of Montreal, an estimated $488M sold.
Based on aggregated 13F filings for Q3 2025.