iShares Currency Hedged MSCI EAFE ETF
HEFA
522 hedge funds and large institutions have $7.15B invested in iShares Currency Hedged MSCI EAFE ETF in 2025 Q1 according to their latest regulatory filings, with 136 funds opening new positions, 222 increasing their positions, 95 reducing their positions, and 35 closing their positions.
289% more first-time investments, than exits
New positions opened: 136 | Existing positions closed: 35
134% more repeat investments, than reductions
Existing positions increased: 222 | Existing positions reduced: 95
50% more funds holding in top 10
Funds holding in top 10: 22 → 33 (+11)
43% more capital invested
Capital invested by funds: $5B → $7.15B (+$2.15B)
22% more funds holding
Funds holding: 429 → 522 (+93)
1.24% more ownership
Funds ownership: 91.74% → 92.98% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$491M |
| 2 |
LPL Financial
San Diego,
California
|
+$172M |
| 3 |
PCIG
Partners Capital Investment Group
Boston,
Massachusetts
|
+$139M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$115M |
| 5 |
JP Morgan Chase
New York
|
+$115M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QWP
Quotient Wealth Partners
Dallas,
Texas
|
-$24.1M |
| 2 |
DWM
Dynasty Wealth Management
St. Petersburg,
Florida
|
-$21.1M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$16M |
| 4 |
CI
CX Institutional
Auburn,
Indiana
|
-$14.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCPG
551
Trivant Custom Portfolio Group
San Diego,
California
| – | -$15.3K | -440 | Closed |
|
|
FWM
552
FLP Wealth Management
Bentonville,
Arkansas
| – | -$11.8K | -340 | Closed |
|
|
FA
553
Fedenia Advisers
Madison,
Wisconsin
| – | -$7.78K | -224 | Closed |
|
|
FLP
554
Financial Life Planners
Tempe,
Arizona
| – | -$6.87K | -198 | Closed |
|
|
EW
555
Element Wealth
Ridgeland,
Mississippi
| – | -$1.51K | -44 | Closed |
|
|
FIA
556
FPC Investment Advisory
Petaluma,
California
| – | -$838 | -23 | Closed |
|
|
ITIM
557
Indiana Trust & Investment Management
Mishawaka,
Indiana
| – | -$626 | -18 | Closed |
|
|
AWM
558
Abound Wealth Management
Franklin,
Tennessee
| – | -$177 | -5 | Closed |
|
559
BNP Paribas Financial Markets
Paris,
France
| – | -$104 | -3 | Closed |
|
HEFA Hedge Fund Activity: Q1 2025 in Review
522 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI EAFE ETF (HEFA) for Q1 2025, worth a combined $7.15B — up 43% from $5B a quarter earlier.
Buyers outnumbered sellers: 136 funds opened new HEFA positions and 35 closed out — a net gain of 101 holders — while 222 added to existing stakes and 95 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $491M. The largest seller was Quotient Wealth Partners, cutting an estimated $24.1M.
- 522 institutional investors held iShares Currency Hedged MSCI EAFE ETF (HEFA) as of Q1 2025, up from 429 in Q4 2024.
- Funds reported $7.15B of iShares Currency Hedged MSCI EAFE ETF stock for Q1 2025, up 43% quarter-over-quarter.
- 136 funds opened new iShares Currency Hedged MSCI EAFE ETF positions in Q1 2025 and 35 closed out, a net change of +101 holders.
- The largest iShares Currency Hedged MSCI EAFE ETF buyer in Q1 2025 was Envestnet Asset Management, an estimated $491M added.
- The largest iShares Currency Hedged MSCI EAFE ETF seller in Q1 2025 was Quotient Wealth Partners, an estimated $24.1M sold.
Based on aggregated 13F filings for Q1 2025.