iShares Currency Hedged MSCI Japan ETF
HEWJ
65 hedge funds and large institutions have $266M invested in iShares Currency Hedged MSCI Japan ETF in 2025 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 22 reducing their positions, and 11 closing their positions.
21% more capital invested
Capital invested by funds: $220M → $266M (+$46.3M)
13.32% more ownership
Funds ownership: 60.03% → 73.36% (+13%)
7% less funds holding
Funds holding: 70 → 65 (-5)
23% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 22
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$50.3M |
| 2 |
PCIG
Partners Capital Investment Group
Boston,
Massachusetts
|
+$18.8M |
| 3 |
CGL
Clarius Group LLC
Seattle,
Washington
|
+$3.58M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.42M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
CIBC World Markets
New York
|
-$8.86M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$6.56M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.36M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$2.02M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.71M |
HEWJ Hedge Fund Activity: Q1 2025 in Review
65 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Japan ETF (HEWJ) for Q1 2025, worth a combined $266M — up 21% from $220M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of HEWJ and 6 opened new positions — a net loss of 5 holders — while 22 trimmed existing stakes and 17 added.
The largest buyer was BlackRock, adding an estimated $50.3M. The largest seller was CIBC World Markets, exiting entirely with an estimated $8.86M sold.
- 65 institutional investors held iShares Currency Hedged MSCI Japan ETF (HEWJ) as of Q1 2025, down from 70 in Q4 2024.
- Funds reported $266M of iShares Currency Hedged MSCI Japan ETF stock for Q1 2025, up 21% quarter-over-quarter.
- 6 funds opened new iShares Currency Hedged MSCI Japan ETF positions in Q1 2025 and 11 closed out, a net change of -5 holders.
- The largest iShares Currency Hedged MSCI Japan ETF buyer in Q1 2025 was BlackRock, an estimated $50.3M added.
- The largest iShares Currency Hedged MSCI Japan ETF seller in Q1 2025 was CIBC World Markets, an estimated $8.86M sold.
Based on aggregated 13F filings for Q1 2025.