iShares MSCI Spain ETF
122 hedge funds and large institutions have $1.32B invested in iShares MSCI Spain ETF in 2025 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 41 increasing their positions, 29 reducing their positions, and 14 closing their positions.
143% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 14
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
41% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 29
38% more capital invested
Capital invested by funds: $959M → $1.32B (+$364M)
16% more funds holding
Funds holding: 105 → 122 (+17)
5.31% more ownership
Funds ownership: 67.98% → 73.29% (+5.3%)
99% less call options, than puts
Call options by funds: $216K | Put options by funds: $20.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBVA
Banco Bilbao Vizcaya Argentaria
Madrid,
Spain
|
+$95.6M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$41.4M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$26.1M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$24.1M |
| 5 |
BlackRock
New York
|
+$16.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$15.2M |
| 2 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$6.76M |
| 3 |
D.E. Shaw & Co
New York
|
-$2.89M |
| 4 |
JP Morgan Chase
New York
|
-$2.83M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$2.34M |
EWP Hedge Fund Activity: Q4 2025 in Review
122 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Spain ETF (EWP) for Q4 2025, worth a combined $1.32B — up 38% from $959M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new EWP positions and 14 closed out — a net gain of 20 holders — while 41 added to existing stakes and 29 trimmed.
The largest buyer was Banco Bilbao Vizcaya Argentaria, opening a new position worth an estimated $95.6M. The largest seller was DZ Bank, cutting an estimated $15.2M.
- 122 institutional investors held iShares MSCI Spain ETF (EWP) as of Q4 2025, up from 105 in Q3 2025.
- Funds reported $1.32B of iShares MSCI Spain ETF stock for Q4 2025, up 38% quarter-over-quarter.
- 34 funds opened new iShares MSCI Spain ETF positions in Q4 2025 and 14 closed out, a net change of +20 holders.
- The largest iShares MSCI Spain ETF buyer in Q4 2025 was Banco Bilbao Vizcaya Argentaria, an estimated $95.6M added.
- The largest iShares MSCI Spain ETF seller in Q4 2025 was DZ Bank, an estimated $15.2M sold.
Based on aggregated 13F filings for Q4 2025.