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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.

New
Increased
Maintained
Reduced
Closed

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: 618638 (+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: 2118 (-3)

Holders
638
Holders Change
+20
Holders Change %
+3.24%
% of All Funds
8.37%
Holding in Top 10
18
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-14.29%
% of All Funds
0.24%
New
82
Increased
194
Reduced
181
Closed
51
Calls
$691M
Puts
$131M
Net Calls
+$560M
Net Calls Change
+$480M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
1
JP Morgan Chase
New York
$2.09B +$51.2M +662,373 +3%
Morgan Stanley
2
Morgan Stanley
New York
$1.62B +$59.7M +771,350 +4%
BlackRock
3
BlackRock
New York
$1.34B -$63.9M -825,730 -5%
Goldman Sachs
4
Goldman Sachs
New York
$583M -$6.7M -86,652 -1%
Bank of America
5
Bank of America
North Carolina
$418M -$9.94M -128,530 -2%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$415M -$84.4M -1,091,110 -17%
FCAS
7
First Command Advisory Services
Texas
$399M -$82.2M -1,062,562 -18%
HSBC Holdings
8
HSBC Holdings
United Kingdom
$231M +$190M +2,451,796 +598%
TD Asset Management
9
TD Asset Management
Ontario, Canada
$213M -$121M -1,559,091 -37%
Fisher Asset Management
10
Fisher Asset Management
Washington
$208M -$6.68M -86,367 -3%
UBS Group
11
UBS Group
Switzerland
$156M +$15.2M +196,469 +11%
Deutsche Bank
12
Deutsche Bank
Germany
$118M -$28.9M -373,494 -20%
Bank of Montreal
13
Bank of Montreal
Ontario, Canada
$115M -$488M -6,307,944 -82%
GIM
14
Glenmede Investment Management
Pennsylvania
$112M -$4.08M -52,720 -4%
Stifel Financial
15
Stifel Financial
Missouri
$97M +$2.54M +32,891 +3%
BCIM
16
British Columbia Investment Management
British Columbia, Canada
$94.8M +$11.2M +144,700 +14%
Jane Street
17
Jane Street
New York
$89.7M +$86.5M +1,118,935 New
Ameriprise
18
Ameriprise
Minnesota
$82.6M -$17.9M -231,163 -18%
BOTOTLSJU
19
Board of Trustees of The Leland Stanford Junior University
California
$77.9M
Invesco
20
Invesco
Georgia
$69.8M -$2.93M -37,943 -4%
KAS
21
Kemnay Advisory Services
New York
$69.7M
CCA
22
Catalyst Capital Advisors
New York
$64.5M
MRC
23
Millburn Ridgefield Corp
New York
$64.5M
LPL Financial
24
LPL Financial
California
$60.9M +$9.38M +121,323 +19%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$57.5M -$8.74M -113,002 -14%

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.