iShares MSCI Japan ETF
622 hedge funds and large institutions have $11B invested in iShares MSCI Japan ETF in 2025 Q2 according to their latest regulatory filings, with 88 funds opening new positions, 193 increasing their positions, 200 reducing their positions, and 88 closing their positions.
71% more call options, than puts
Call options by funds: $195M | Put options by funds: $114M
0% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 88
1% less funds holding
Funds holding: 627 → 622 (-5)
4% less repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 200
5% less funds holding in top 10
Funds holding in top 10: 22 → 21 (-1)
4.98% less ownership
Funds ownership: 76.81% → 71.84% (-5%)
29% less capital inflows, than outflows
Capital inflows: $717M | Capital outflows: $1.01B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
+$71.9M |
| 2 |
Johns Hopkins University
Baltimore,
Maryland
|
+$54.8M |
| 3 |
D.E. Shaw & Co
New York
|
+$30.3M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$27.8M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$27.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$137M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$132M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$68.7M |
| 4 |
JP Morgan Chase
New York
|
-$64.8M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$42.1M |
EWJ Hedge Fund Activity: Q2 2025 in Review
622 of the 7,628 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Japan ETF (EWJ) for Q2 2025, worth a combined $11B — up 5.4% from $10.4B a quarter earlier.
Fund positioning in EWJ was balanced in Q2 2025: 88 funds opened new positions, 88 closed out, 193 added to existing stakes and 200 trimmed.
The largest buyer was Fisher Asset Management, adding an estimated $71.9M. The largest seller was Morgan Stanley, cutting an estimated $137M.
- 622 institutional investors held iShares MSCI Japan ETF (EWJ) as of Q2 2025, down from 627 in Q1 2025.
- Funds reported $11B of iShares MSCI Japan ETF stock for Q2 2025, up 5.4% quarter-over-quarter.
- 88 funds opened new iShares MSCI Japan ETF positions in Q2 2025 and 88 closed out, a net change of 0 holders.
- The largest iShares MSCI Japan ETF buyer in Q2 2025 was Fisher Asset Management, an estimated $71.9M added.
- The largest iShares MSCI Japan ETF seller in Q2 2025 was Morgan Stanley, an estimated $137M sold.
Based on aggregated 13F filings for Q2 2025.