iShares Currency Hedged MSCI Emerging Markets
HEEM
47 hedge funds and large institutions have $117M invested in iShares Currency Hedged MSCI Emerging Markets in 2025 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
4% more funds holding
Funds holding: 45 → 47 (+2)
3% more capital invested
Capital invested by funds: $114M → $117M (+$3.27M)
0.07% more ownership
Funds ownership: 61.19% → 61.25% (+0.07%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.1M |
| 3 |
FA
Forefront Analytics
West Conshohocken,
Pennsylvania
|
+$405K |
| 4 |
Morgan Stanley
New York
|
+$204K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$180K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWP
Forefront Wealth Partners
Austin,
Texas
|
-$1.61M |
| 2 |
TIAA Trust, National Association
Charlotte,
North Carolina
|
-$840K |
| 3 |
WA
Whipplewood Advisors
Littleton,
Colorado
|
-$492K |
| 4 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
-$483K |
| 5 |
SC
Savant Capital
Rockford,
Illinois
|
-$481K |
HEEM Hedge Fund Activity: Q4 2025 in Review
47 of the 8,228 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Emerging Markets (HEEM) for Q4 2025, worth a combined $117M — up 2.9% from $114M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new HEEM positions and 5 closed out — a net gain of 2 holders — while 15 added to existing stakes and 17 trimmed.
The largest buyer was Commonwealth Equity Services, opening a new position worth an estimated $2.5M. The largest seller was Forefront Wealth Partners, exiting entirely with an estimated $1.61M sold.
- 47 institutional investors held iShares Currency Hedged MSCI Emerging Markets (HEEM) as of Q4 2025, up from 45 in Q3 2025.
- Funds reported $117M of iShares Currency Hedged MSCI Emerging Markets stock for Q4 2025, up 2.9% quarter-over-quarter.
- 7 funds opened new iShares Currency Hedged MSCI Emerging Markets positions in Q4 2025 and 5 closed out, a net change of +2 holders.
- The largest iShares Currency Hedged MSCI Emerging Markets buyer in Q4 2025 was Commonwealth Equity Services, an estimated $2.5M added.
- The largest iShares Currency Hedged MSCI Emerging Markets seller in Q4 2025 was Forefront Wealth Partners, an estimated $1.61M sold.
Based on aggregated 13F filings for Q4 2025.