iShares Currency Hedged MSCI EAFE ETF
HEFA
424 hedge funds and large institutions have $5.67B invested in iShares Currency Hedged MSCI EAFE ETF in 2025 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 140 increasing their positions, 178 reducing their positions, and 65 closing their positions.
0% more capital invested
Capital invested by funds: $5.65B → $5.67B (+$19.9M)
1.6% less ownership
Funds ownership: 88.72% → 87.12% (-1.6%)
7% less funds holding
Funds holding: 458 → 424 (-34)
14% less funds holding in top 10
Funds holding in top 10: 29 → 25 (-4)
21% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 178
37% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NP
NorthRock Partners
Minneapolis,
Minnesota
|
+$69.1M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$59.1M |
| 3 |
Goldman Sachs
New York
|
+$48.1M |
| 4 |
DWM
Dynasty Wealth Management
St. Petersburg,
Florida
|
+$21.5M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$71.5M |
| 2 |
LPL Financial
San Diego,
California
|
-$70.8M |
| 3 |
JP Morgan Chase
New York
|
-$46.6M |
| 4 |
MC
McMorgan & Co
San Francisco,
California
|
-$44.7M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$33.7M |
HEFA Hedge Fund Activity: Q3 2025 in Review
424 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI EAFE ETF (HEFA) for Q3 2025, worth a combined $5.67B — up 0.35% from $5.65B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of HEFA and 41 opened new positions — a net loss of 24 holders — while 178 trimmed existing stakes and 140 added.
The largest buyer was NorthRock Partners, opening a new position worth an estimated $69.1M. The largest seller was Envestnet Asset Management, cutting an estimated $71.5M.
- 424 institutional investors held iShares Currency Hedged MSCI EAFE ETF (HEFA) as of Q3 2025, down from 458 in Q2 2025.
- Funds reported $5.67B of iShares Currency Hedged MSCI EAFE ETF stock for Q3 2025, up 0.35% quarter-over-quarter.
- 41 funds opened new iShares Currency Hedged MSCI EAFE ETF positions in Q3 2025 and 65 closed out, a net change of -24 holders.
- The largest iShares Currency Hedged MSCI EAFE ETF buyer in Q3 2025 was NorthRock Partners, an estimated $69.1M added.
- The largest iShares Currency Hedged MSCI EAFE ETF seller in Q3 2025 was Envestnet Asset Management, an estimated $71.5M sold.
Based on aggregated 13F filings for Q3 2025.