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iShares Russell Top 200 ETF
IWL

189 hedge funds and large institutions have $1.1B invested in iShares Russell Top 200 ETF in 2025 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 70 increasing their positions, 61 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 16

23% more funds holding in top 10

Funds holding in top 10: 13 → 16 (+3)

15% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 61

1% more funds holding

Funds holding: 187 → 189 (+2)

0.89% more ownership

Funds ownership: 69.11% → 70% (+0.89%)

4% less capital invested

Capital invested by funds: $1.14B → $1.1B (-$45.5M)

Holders
189
Holders Change
+2
Holders Change %
+1.07%
% of All Funds
2.53%
Holding in Top 10
16
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+23.08%
% of All Funds
0.21%
New
20
Increased
70
Reduced
61
Closed
16
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
PCP
Proficio Capital Partners
Massachusetts
+$24.8M
2
EH
Equitable Holdings
New York
+$20.8M
3
GKFF
George Kaiser Family Foundation
Oklahoma
+$13.2M
4
Morgan Stanley
Morgan Stanley
New York
+$12.1M
5
Lido Advisors
Lido Advisors
California
+$7.34M

Top Sellers

Rank Fund Capital Flow
1
TF
Tompkins Financial
New York
-$61.6M
2
MCWS
McKinley Carter Wealth Services
West Virginia
-$21.8M
3
GM
GeoWealth Management
Illinois
-$6.81M
4
Osaic Holdings
Osaic Holdings
Arizona
-$6.14M
5
Two Sigma Investments
Two Sigma Investments
New York
-$6.11M
Name Holding Trade Value Shares
Change 		Change in
Stake
KAS
51
Kestra Advisory Services
Texas
$3.92M +$748K +5,154 +22%
TFS
52
Thoroughbred Financial Services
Tennessee
$3.75M -$123K -848 -3%
CFD
53
Creative Financial Designs
Indiana
$3.67M +$144K +990 +4%
NFW
54
Noble Family Wealth
Florida
$3.64M -$80.5K -555 -2%
CAM
55
Cresset Asset Management
Illinois
$3.4M +$1.38M +9,494 +62%
GVAG
56
Great Valley Advisor Group
Delaware
$3.38M +$111K +768 +3%
WA
57
Waverly Advisors
Alabama
$3.35M +$82.3K +567 +2%
Goldman Sachs
58
Goldman Sachs
New York
$3.25M -$1.84M -12,654 -35%
Wealth Enhancement Advisory Services
59
Wealth Enhancement Advisory Services
Minnesota
$2.95M -$227K -1,561 -7%
SWP
60
Stratos Wealth Partners
Ohio
$2.72M -$60.5K -417 -2%
MAV
61
Mason & Associates (Virginia)
Virginia
$2.62M -$320K -2,207 -10%
CAL
62
Capital Analysts LLC
Pennsylvania
$2.59M +$12.3K +85 +0.5%
Osaic Holdings
63
Osaic Holdings
Arizona
$2.58M -$6.14M -42,295 -69%
GSAM
64
Grant Street Asset Management
Pennsylvania
$2.55M -$97.5K -672 -3%
Creative Planning
65
Creative Planning
Kansas
$2.47M +$1.05M +7,252 +68%
Wealthfront Advisers
66
Wealthfront Advisers
California
$2.37M -$694K -4,781 -22%
SWA
67
SOA Wealth Advisors
New York
$2.34M +$31.2K +215 +1%
Mariner
68
Mariner
Kansas
$2.27M -$39.3K -271 -2%
CWAG
69
Compton Wealth Advisory Group
Virginia
$2.21M – – –
FCM
70
Family Capital Management
Michigan
$2.03M -$10K -69 -0.5%
LAS
71
Legacy Advisory Services
Pennsylvania
$1.98M -$646K -4,452 -24%
GM
72
GeoWealth Management
Illinois
$1.96M -$6.81M -46,949 -77%
BWM
73
Boyd Wealth Management
California
$1.91M +$508K +3,498 +34%
AA
74
Armis Advisers
Georgia
$1.9M +$413K +2,849 +26%
MML Investors Services
75
MML Investors Services
Massachusetts
$1.85M +$20.5K +141 +1%
1 2
3
4 5

IWL Hedge Fund Activity: Q1 2025 in Review

189 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in iShares Russell Top 200 ETF (IWL) for Q1 2025, worth a combined $1.1B — down 4% from $1.14B a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new IWL positions and 16 closed out — a net gain of 4 holders — while 70 added to existing stakes and 61 trimmed.

The largest buyer was Proficio Capital Partners, opening a new position worth an estimated $24.8M. The largest seller was Tompkins Financial, cutting an estimated $61.6M.

  • 189 institutional investors held iShares Russell Top 200 ETF (IWL) as of Q1 2025, up from 187 in Q4 2024.
  • Funds reported $1.1B of iShares Russell Top 200 ETF stock for Q1 2025, down 4% quarter-over-quarter.
  • 20 funds opened new iShares Russell Top 200 ETF positions in Q1 2025 and 16 closed out, a net change of +4 holders.
  • The largest iShares Russell Top 200 ETF buyer in Q1 2025 was Proficio Capital Partners, an estimated $24.8M added.
  • The largest iShares Russell Top 200 ETF seller in Q1 2025 was Tompkins Financial, an estimated $61.6M sold.

Based on aggregated 13F filings for Q1 2025.