iShares MSCI Brazil ETF
310 hedge funds and large institutions have $3.53B invested in iShares MSCI Brazil ETF in 2025 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 106 increasing their positions, 94 reducing their positions, and 54 closing their positions.
42% more call options, than puts
Call options by funds: $4.53B | Put options by funds: $3.2B
13% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 94
6% more funds holding in top 10
Funds holding in top 10: 16 → 17 (+1)
2% more capital invested
Capital invested by funds: $3.47B → $3.53B (+$60.1M)
4% less funds holding
Funds holding: 323 → 310 (-13)
7.45% less ownership
Funds ownership: 69.16% → 61.71% (-7.4%)
17% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 54
Top Buyers
| 1 |
Goldman Sachs
New York
|
+$149M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$72.4M |
| 3 |
MCM
MKP Capital Management
New York
|
+$63.6M |
| 4 |
AGDI
Absolute Gestao de Investimentos
Sao Paulo,
Brazil
|
+$45.1M |
| 5 |
Two Sigma Investments
New York
|
+$44.9M |
Top Sellers
| 1 |
UBS Group
Zurich,
Switzerland
|
-$169M |
| 2 |
T2I
Turim 21 Investimentos
Rio De Janeiro,
Brazil
|
-$138M |
| 3 |
GL
Gemsstock Ltd
London,
United Kingdom
|
-$97.4M |
| 4 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$96.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$68.8M |
EWZ Hedge Fund Activity: Q3 2025 in Review
310 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Brazil ETF (EWZ) for Q3 2025, worth a combined $3.53B — up 1.7% from $3.47B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of EWZ and 45 opened new positions — a net loss of 9 holders — while 94 trimmed existing stakes and 106 added.
The largest buyer was Goldman Sachs, adding an estimated $149M. The largest seller was UBS Group, cutting an estimated $169M.
- 310 institutional investors held iShares MSCI Brazil ETF (EWZ) as of Q3 2025, down from 323 in Q2 2025.
- Funds reported $3.53B of iShares MSCI Brazil ETF stock for Q3 2025, up 1.7% quarter-over-quarter.
- 45 funds opened new iShares MSCI Brazil ETF positions in Q3 2025 and 54 closed out, a net change of -9 holders.
- The largest iShares MSCI Brazil ETF buyer in Q3 2025 was Goldman Sachs, an estimated $149M added.
- The largest iShares MSCI Brazil ETF seller in Q3 2025 was UBS Group, an estimated $169M sold.
Based on aggregated 13F filings for Q3 2025.