iShares MSCI South Africa ETF
EZA
62 hedge funds and large institutions have $275M invested in iShares MSCI South Africa ETF in 2025 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 19 reducing their positions, and 14 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 19
3% more capital invested
Capital invested by funds: $269M → $275M (+$6.8M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8.03% less ownership
Funds ownership: 84.33% → 76.29% (-8%)
13% less funds holding
Funds holding: 71 → 62 (-9)
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
76% less call options, than puts
Call options by funds: $640K | Put options by funds: $2.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$4.32M |
| 2 |
Morgan Stanley
New York
|
+$4.15M |
| 3 |
GCM
Graham Capital Management
Rowayton,
Connecticut
|
+$1.9M |
| 4 |
PWAC
Private Wealth Advisors (California)
Fresno,
California
|
+$1.62M |
| 5 |
CCA
Catalyst Capital Advisors
Huntington,
New York
|
+$889K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$17.2M |
| 2 |
JP Morgan Chase
New York
|
-$5.2M |
| 3 |
MWM
Moran Wealth Management
Naples,
Florida
|
-$3.91M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.74M |
| 5 |
BL
BCWM LLC
Overland Park,
Kansas
|
-$2.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$4.24K | -94 | -90% |
|
|
C
77
Covestor
London,
United Kingdom
| – | -$722 | -16 | -70% |
|
EZA Hedge Fund Activity: Q1 2025 in Review
62 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI South Africa ETF (EZA) for Q1 2025, worth a combined $275M — up 2.5% from $269M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of EZA and 7 opened new positions — a net loss of 7 holders — while 19 trimmed existing stakes and 20 added.
The largest buyer was CIBC World Market, opening a new position worth an estimated $4.32M. The largest seller was Tradewinds Capital Management, exiting entirely with an estimated $17.2M sold.
- 62 institutional investors held iShares MSCI South Africa ETF (EZA) as of Q1 2025, down from 71 in Q4 2024.
- Funds reported $275M of iShares MSCI South Africa ETF stock for Q1 2025, up 2.5% quarter-over-quarter.
- 7 funds opened new iShares MSCI South Africa ETF positions in Q1 2025 and 14 closed out, a net change of -7 holders.
- The largest iShares MSCI South Africa ETF buyer in Q1 2025 was CIBC World Market, an estimated $4.32M added.
- The largest iShares MSCI South Africa ETF seller in Q1 2025 was Tradewinds Capital Management, an estimated $17.2M sold.
Based on aggregated 13F filings for Q1 2025.