iShares US Real Estate ETF
476 hedge funds and large institutions have $4.72B invested in iShares US Real Estate ETF in 2025 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 152 increasing their positions, 155 reducing their positions, and 39 closing their positions.
85% more call options, than puts
Call options by funds: $785M | Put options by funds: $424M
54% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 39
7% more capital invested
Capital invested by funds: $4.41B → $4.72B (+$310M)
2% more funds holding
Funds holding: 467 → 476 (+9)
2% less repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 155
6.07% less ownership
Funds ownership: 117.19% → 111.12% (-6.1%)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$405M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$280M |
| 3 |
Two Sigma Investments
New York
|
+$163M |
| 4 |
Citigroup
New York
|
+$56.9M |
| 5 |
WI
WealthNavi Inc
Shinagawa-Ku, Tokyo,
Japan
|
+$51.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$140M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$89M |
| 3 |
Morgan Stanley
New York
|
-$45.9M |
| 4 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
-$34.8M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$31.5M |
IYR Hedge Fund Activity: Q4 2025 in Review
476 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in iShares US Real Estate ETF (IYR) for Q4 2025, worth a combined $4.72B — up 7% from $4.41B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new IYR positions and 39 closed out — a net gain of 21 holders — while 152 added to existing stakes and 155 trimmed.
The largest buyer was HSBC Holdings, opening a new position worth an estimated $405M. The largest seller was Goldman Sachs, cutting an estimated $140M.
- 476 institutional investors held iShares US Real Estate ETF (IYR) as of Q4 2025, up from 467 in Q3 2025.
- Funds reported $4.72B of iShares US Real Estate ETF stock for Q4 2025, up 7% quarter-over-quarter.
- 60 funds opened new iShares US Real Estate ETF positions in Q4 2025 and 39 closed out, a net change of +21 holders.
- The largest iShares US Real Estate ETF buyer in Q4 2025 was HSBC Holdings, an estimated $405M added.
- The largest iShares US Real Estate ETF seller in Q4 2025 was Goldman Sachs, an estimated $140M sold.
Based on aggregated 13F filings for Q4 2025.