iShares Currency Hedged MSCI EAFE ETF
HEFA
430 hedge funds and large institutions have $5.73B invested in iShares Currency Hedged MSCI EAFE ETF in 2025 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 146 increasing their positions, 155 reducing their positions, and 39 closing their positions.
49% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 39
12% more funds holding in top 10
Funds holding in top 10: 25 → 28 (+3)
1% more funds holding
Funds holding: 424 → 430 (+6)
1% more capital invested
Capital invested by funds: $5.67B → $5.73B (+$61.9M)
6% less repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 155
1.31% less ownership
Funds ownership: 87.12% → 85.81% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$45.2M |
| 2 |
NP
NorthRock Partners
Minneapolis,
Minnesota
|
+$37.6M |
| 3 |
Morgan Stanley
New York
|
+$16.6M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.17M |
| 5 |
CCM
Coldstream Capital Management
Bellevue,
Washington
|
+$6.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$155M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$34.4M |
| 3 |
JP Morgan Chase
New York
|
-$29M |
| 4 |
DWM
Dynasty Wealth Management
St. Petersburg,
Florida
|
-$26.3M |
| 5 |
QWP
Quotient Wealth Partners
Dallas,
Texas
|
-$23.6M |
HEFA Hedge Fund Activity: Q4 2025 in Review
430 of the 8,286 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI EAFE ETF (HEFA) for Q4 2025, worth a combined $5.73B — up 1.1% from $5.67B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new HEFA positions and 39 closed out — a net gain of 19 holders — while 146 added to existing stakes and 155 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $45.2M. The largest seller was Envestnet Asset Management, cutting an estimated $155M.
- 430 institutional investors held iShares Currency Hedged MSCI EAFE ETF (HEFA) as of Q4 2025, up from 424 in Q3 2025.
- Funds reported $5.73B of iShares Currency Hedged MSCI EAFE ETF stock for Q4 2025, up 1.1% quarter-over-quarter.
- 58 funds opened new iShares Currency Hedged MSCI EAFE ETF positions in Q4 2025 and 39 closed out, a net change of +19 holders.
- The largest iShares Currency Hedged MSCI EAFE ETF buyer in Q4 2025 was Goldman Sachs, an estimated $45.2M added.
- The largest iShares Currency Hedged MSCI EAFE ETF seller in Q4 2025 was Envestnet Asset Management, an estimated $155M sold.
Based on aggregated 13F filings for Q4 2025.