iShares Currency Hedged MSCI Emerging Markets
HEEM
47 hedge funds and large institutions have $99.9M invested in iShares Currency Hedged MSCI Emerging Markets in 2025 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
15% more funds holding
Funds holding: 41 → 47 (+6)
5% more capital invested
Capital invested by funds: $95.4M → $99.9M (+$4.45M)
0.85% more ownership
Funds ownership: 59.26% → 60.11% (+0.85%)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pictet Asset Management
Carouge,
Switzerland
|
+$1.7M |
| 2 |
Morgan Stanley
New York
|
+$1.6M |
| 3 |
Jane Street
New York
|
+$1.2M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$736K |
| 5 |
WA
Whipplewood Advisors
Littleton,
Colorado
|
+$398K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIAA Trust, National Association
Charlotte,
North Carolina
|
-$4.89M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.69M |
| 3 |
OC
Optima Capital
Beaverton,
Oregon
|
-$469K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$382K |
| 5 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
-$277K |
HEEM Hedge Fund Activity: Q2 2025 in Review
47 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Emerging Markets (HEEM) for Q2 2025, worth a combined $99.9M — up 4.7% from $95.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new HEEM positions and 3 closed out — a net gain of 6 holders — while 15 added to existing stakes and 17 trimmed.
The largest buyer was Pictet Asset Management, adding an estimated $1.7M. The largest seller was TIAA Trust, National Association, cutting an estimated $4.89M.
- 47 institutional investors held iShares Currency Hedged MSCI Emerging Markets (HEEM) as of Q2 2025, up from 41 in Q1 2025.
- Funds reported $99.9M of iShares Currency Hedged MSCI Emerging Markets stock for Q2 2025, up 4.7% quarter-over-quarter.
- 9 funds opened new iShares Currency Hedged MSCI Emerging Markets positions in Q2 2025 and 3 closed out, a net change of +6 holders.
- The largest iShares Currency Hedged MSCI Emerging Markets buyer in Q2 2025 was Pictet Asset Management, an estimated $1.7M added.
- The largest iShares Currency Hedged MSCI Emerging Markets seller in Q2 2025 was TIAA Trust, National Association, an estimated $4.89M sold.
Based on aggregated 13F filings for Q2 2025.