iShares Currency Hedged MSCI Japan ETF
HEWJ
65 hedge funds and large institutions have $264M invested in iShares Currency Hedged MSCI Japan ETF in 2025 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 26 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
19% more capital invested
Capital invested by funds: $222M → $264M (+$42.4M)
8.09% more ownership
Funds ownership: 58.47% → 66.55% (+8.1%)
3% more funds holding
Funds holding: 63 → 65 (+2)
50% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
+$18.1M |
| 2 |
JP Morgan Chase
New York
|
+$7.22M |
| 3 |
BBVA
Banco Bilbao Vizcaya Argentaria
Madrid,
Spain
|
+$5.33M |
| 4 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$1.28M |
| 5 |
Bank of New York Mellon
New York
|
+$869K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.69M |
| 2 |
PCA
Prosperity Capital Advisors
Westlake,
Ohio
|
-$2.14M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.8M |
| 4 |
Morgan Stanley
New York
|
-$1.46M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.25M |
HEWJ Hedge Fund Activity: Q3 2025 in Review
65 of the 7,641 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Japan ETF (HEWJ) for Q3 2025, worth a combined $264M — up 19% from $222M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new HEWJ positions and 5 closed out — a net gain of 3 holders — while 13 added to existing stakes and 26 trimmed.
The largest buyer was Modern Wealth Management, opening a new position worth an estimated $18.1M. The largest seller was BlackRock, cutting an estimated $3.69M.
- 65 institutional investors held iShares Currency Hedged MSCI Japan ETF (HEWJ) as of Q3 2025, up from 63 in Q2 2025.
- Funds reported $264M of iShares Currency Hedged MSCI Japan ETF stock for Q3 2025, up 19% quarter-over-quarter.
- 8 funds opened new iShares Currency Hedged MSCI Japan ETF positions in Q3 2025 and 5 closed out, a net change of +3 holders.
- The largest iShares Currency Hedged MSCI Japan ETF buyer in Q3 2025 was Modern Wealth Management, an estimated $18.1M added.
- The largest iShares Currency Hedged MSCI Japan ETF seller in Q3 2025 was BlackRock, an estimated $3.69M sold.
Based on aggregated 13F filings for Q3 2025.