iShares Russell Top 200 ETF
203 hedge funds and large institutions have $1.32B invested in iShares Russell Top 200 ETF in 2025 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 69 increasing their positions, 68 reducing their positions, and 15 closing their positions.
47% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 15
7% more capital invested
Capital invested by funds: $1.23B → $1.32B (+$88.1M)
2% more funds holding
Funds holding: 200 → 203 (+3)
1% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 68
0.88% less ownership
Funds ownership: 71.71% → 70.83% (-0.88%)
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$5.98M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.73M |
| 3 |
Lido Advisors
Los Angeles,
California
|
+$3.71M |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$3.67M |
| 5 |
MF
Manchester Financial
Westlake Village,
California
|
+$3.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCWS
McKinley Carter Wealth Services
Wheeling,
West Virginia
|
-$11.4M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$5.27M |
| 3 |
Two Sigma Investments
New York
|
-$3.93M |
| 4 |
GC
Gilbert & Cook
West Des Moines,
Iowa
|
-$2.52M |
| 5 |
AA
Armis Advisers
Atlanta,
Georgia
|
-$2.09M |
IWL Hedge Fund Activity: Q3 2025 in Review
203 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in iShares Russell Top 200 ETF (IWL) for Q3 2025, worth a combined $1.32B — up 7.1% from $1.23B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new IWL positions and 15 closed out — a net gain of 7 holders — while 69 added to existing stakes and 68 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $5.98M. The largest seller was McKinley Carter Wealth Services, cutting an estimated $11.4M.
- 203 institutional investors held iShares Russell Top 200 ETF (IWL) as of Q3 2025, up from 200 in Q2 2025.
- Funds reported $1.32B of iShares Russell Top 200 ETF stock for Q3 2025, up 7.1% quarter-over-quarter.
- 22 funds opened new iShares Russell Top 200 ETF positions in Q3 2025 and 15 closed out, a net change of +7 holders.
- The largest iShares Russell Top 200 ETF buyer in Q3 2025 was Goldman Sachs, an estimated $5.98M added.
- The largest iShares Russell Top 200 ETF seller in Q3 2025 was McKinley Carter Wealth Services, an estimated $11.4M sold.
Based on aggregated 13F filings for Q3 2025.