KraneShares CSI China Internet ETF
KWEB
348 hedge funds and large institutions have $4.06B invested in KraneShares CSI China Internet ETF in 2025 Q1 according to their latest regulatory filings, with 120 funds opening new positions, 105 increasing their positions, 84 reducing their positions, and 38 closing their positions.
216% more first-time investments, than exits
New positions opened: 120 | Existing positions closed: 38
91% more call options, than puts
Call options by funds: $3.07B | Put options by funds: $1.6B
54% more capital invested
Capital invested by funds: $2.63B → $4.06B (+$1.43B)
38% more funds holding in top 10
Funds holding in top 10: 16 → 22 (+6)
30% more funds holding
Funds holding: 267 → 348 (+81)
25% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 84
1.62% more ownership
Funds ownership: 48.9% → 50.52% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$208M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$156M |
| 3 |
Jane Street
New York
|
+$153M |
| 4 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$120M |
| 5 |
Morgan Stanley
New York
|
+$75.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Eisler Capital Management
London,
United Kingdom
|
-$120M |
| 2 |
JP Morgan Chase
New York
|
-$71.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$57.8M |
| 4 |
SFM
Soros Fund Management
New York
|
-$55.5M |
| 5 |
MLM
Mount Lucas Management
Newtown,
Pennsylvania
|
-$50M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIM
376
Freedom Investment Management
Hartford,
Connecticut
| – | -$386K | -13,216 | Closed |
|
|
HP
377
Haven Private
Orlando,
Florida
| – | -$372K | -12,728 | Closed |
|
|
FIA
378
FNY Investment Advisers
New York
| – | -$336K | -11,495 | Closed |
|
|
KLCM
379
KG&L Capital Management
Saint Francisville,
Louisiana
| – | -$297K | -10,170 | Closed |
|
|
IAA
380
Independent Advisor Alliance
Charlotte,
North Carolina
| – | -$294K | -10,043 | Closed |
|
|
NMC
381
Nine Masts Capital
Central,
Hong Kong
| – | -$292K | -9,985 | Closed |
|
|
DCM
382
Deuterium Capital Management
Clearwater,
Florida
| – | -$253K | -8,650 | Closed |
|
|
HWA
383
Hillcrest Wealth Advisors
Hazlet,
New Jersey
| – | -$234K | -8,000 | Closed |
|
|
WCM
384
Westend Capital Management
Sausalito,
California
| – | -$11.1K | -379 | Closed |
|
|
GM
385
GeoWealth Management
Chicago,
Illinois
| – | -$8.77K | -300 | Closed |
|
|
LWANC
386
Laurel Wealth Advisors (North Carolina)
Charlotte,
North Carolina
| – | -$5.85K | -200 | Closed |
|
387
Jones Financial Companies
Des Peres,
Missouri
| – | -$1.02K | -35 | Closed |
|
KWEB Hedge Fund Activity: Q1 2025 in Review
348 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in KraneShares CSI China Internet ETF (KWEB) for Q1 2025, worth a combined $4.06B — up 54% from $2.63B a quarter earlier.
Buyers outnumbered sellers: 120 funds opened new KWEB positions and 38 closed out — a net gain of 82 holders — while 105 added to existing stakes and 84 trimmed.
The largest buyer was Bessemer Group, opening a new position worth an estimated $208M. The largest seller was Eisler Capital Management, cutting an estimated $120M.
- 348 institutional investors held KraneShares CSI China Internet ETF (KWEB) as of Q1 2025, up from 267 in Q4 2024.
- Funds reported $4.06B of KraneShares CSI China Internet ETF stock for Q1 2025, up 54% quarter-over-quarter.
- 120 funds opened new KraneShares CSI China Internet ETF positions in Q1 2025 and 38 closed out, a net change of +82 holders.
- The largest KraneShares CSI China Internet ETF buyer in Q1 2025 was Bessemer Group, an estimated $208M added.
- The largest KraneShares CSI China Internet ETF seller in Q1 2025 was Eisler Capital Management, an estimated $120M sold.
Based on aggregated 13F filings for Q1 2025.