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iShares Russell 2000 Value ETF

963 hedge funds and large institutions have $8.3B invested in iShares Russell 2000 Value ETF in 2025 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 302 increasing their positions, 356 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,620% more call options, than puts

Call options by funds: $53.2M | Put options by funds: $3.09M

4% more funds holding in top 10

Funds holding in top 10: 2324 (+1)

1% less capital invested

Capital invested by funds: $8.41B → $8.3B (-$108M)

8% less first-time investments, than exits

New positions opened: 60 | Existing positions closed: 65

1.04% less ownership

Funds ownership: 76.95%75.92% (-1%)

2% less funds holding

Funds holding: 984963 (-21)

15% less repeat investments, than reductions

Existing positions increased: 302 | Existing positions reduced: 356

Holders
963
Holders Change
-21
Holders Change %
-2.13%
% of All Funds
12.68%
Holding in Top 10
24
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+4.35%
% of All Funds
0.32%
New
60
Increased
302
Reduced
356
Closed
65
Calls
$53.2M
Puts
$3.09M
Net Calls
+$50.1M
Net Calls Change
-$13.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$1.07B +$62.9M +422,172 +7%
Morgan Stanley
2
Morgan Stanley
New York
$781M -$15.2M -102,319 -2%
TIAA Trust, National Association
3
TIAA Trust, National Association
North Carolina
$422M -$25.4M -170,880 -6%
Jones Financial Companies
4
Jones Financial Companies
Missouri
$350M +$23.4M +157,461 +8%
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$322M -$6.73M -45,184 -2%
VNIM
6
Vaughan Nelson Investment Management
Texas
$204M +$8.33M +55,950 +5%
Goldman Sachs
7
Goldman Sachs
New York
$192M +$22.3M +149,484 +14%
DADC
8
D.A. Davidson & Co
Montana
$187M +$7.42M +49,811 +4%
PNC Financial Services Group
9
PNC Financial Services Group
Pennsylvania
$177M -$11.3M -75,623 -6%
M&T Bank
10
M&T Bank
New York
$160M -$5.46M -36,688 -3%
LPL Financial
11
LPL Financial
California
$158M +$2.6M +17,479 +2%
UBS Group
12
UBS Group
Switzerland
$153M -$16.2M -108,809 -10%
Wells Fargo
13
Wells Fargo
California
$146M -$2.74M -18,412 -2%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$143M -$5.54M -37,187 -4%
Betterment LLC
15
Betterment LLC
New York
$118M -$6.88M -46,190 -6%
Charles Schwab
16
Charles Schwab
California
$112M +$5.12M +34,397 +5%
CCWM
17
Cassaday & Co Wealth Management
Virginia
$97.3M +$1.29M +8,667 +1%
PLFA
18
Pacific Life Fund Advisors
California
$94.5M +$14.6M +97,829 +20%
Northern Trust
19
Northern Trust
Illinois
$88.2M -$7.69M -51,671 -8%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$87M +$843K +5,658 +1%
JP Morgan Chase
21
JP Morgan Chase
New York
$82.6M +$7.05M +47,361 +10%
BNP Paribas Financial Markets
22
BNP Paribas Financial Markets
France
$80.2M +$37.7M +253,326 +99%
Pathstone Holdings
23
Pathstone Holdings
New Jersey
$63.7M +$17.8M +119,785 +42%
Raymond James Financial
24
Raymond James Financial
Florida
$62.2M -$19.5M -131,116 -25%
BPWM
25
Badgley Phelps Wealth Managers
Washington
$58.4M +$1.46M +9,824 +3%

IWN Hedge Fund Activity: Q2 2025 in Review

963 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in iShares Russell 2000 Value ETF (IWN) for Q2 2025, worth a combined $8.3B — down 1.3% from $8.41B a quarter earlier.

Sellers outnumbered buyers: 65 funds closed out of IWN and 60 opened new positions — a net loss of 5 holders — while 356 trimmed existing stakes and 302 added.

The largest buyer was Bank of America, adding an estimated $62.9M. The largest seller was Alaska Permanent Fund, exiting entirely with an estimated $348M sold.

  • 963 institutional investors held iShares Russell 2000 Value ETF (IWN) as of Q2 2025, down from 984 in Q1 2025.
  • Funds reported $8.3B of iShares Russell 2000 Value ETF stock for Q2 2025, down 1.3% quarter-over-quarter.
  • 60 funds opened new iShares Russell 2000 Value ETF positions in Q2 2025 and 65 closed out, a net change of -5 holders.
  • The largest iShares Russell 2000 Value ETF buyer in Q2 2025 was Bank of America, an estimated $62.9M added.
  • The largest iShares Russell 2000 Value ETF seller in Q2 2025 was Alaska Permanent Fund, an estimated $348M sold.

Based on aggregated 13F filings for Q2 2025.