State Street SPDR MSCI EAFE StrategicFactors ETF
QEFA
129 hedge funds and large institutions have $751M invested in State Street SPDR MSCI EAFE StrategicFactors ETF in 2025 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 55 increasing their positions, 43 reducing their positions, and 12 closing their positions.
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
28% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 43
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
2% more funds holding
Funds holding: 126 → 129 (+3)
1% more capital invested
Capital invested by funds: $744M → $751M (+$6.95M)
0.9% less ownership
Funds ownership: 85.3% → 84.4% (-0.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$18.5M |
| 2 |
IDA
Intelligence Driven Advisers
Carlsbad,
California
|
+$5.07M |
| 3 |
HPC
Hobart Private Capital
Charlotte,
North Carolina
|
+$4.46M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$3.89M |
| 5 |
Morgan Stanley
New York
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$34.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$20.4M |
| 3 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
-$12.9M |
| 4 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$3.65M |
| 5 |
FFA
Farther Finance Advisors
San Francisco,
California
|
-$3.32M |
QEFA Hedge Fund Activity: Q2 2025 in Review
129 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI EAFE StrategicFactors ETF (QEFA) for Q2 2025, worth a combined $751M — up 0.93% from $744M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new QEFA positions and 12 closed out — a net gain of 5 holders — while 55 added to existing stakes and 43 trimmed.
The largest buyer was LPL Financial, adding an estimated $18.5M. The largest seller was Jane Street, exiting entirely with an estimated $34.6M sold.
- 129 institutional investors held State Street SPDR MSCI EAFE StrategicFactors ETF (QEFA) as of Q2 2025, up from 126 in Q1 2025.
- Funds reported $751M of State Street SPDR MSCI EAFE StrategicFactors ETF stock for Q2 2025, up 0.93% quarter-over-quarter.
- 17 funds opened new State Street SPDR MSCI EAFE StrategicFactors ETF positions in Q2 2025 and 12 closed out, a net change of +5 holders.
- The largest State Street SPDR MSCI EAFE StrategicFactors ETF buyer in Q2 2025 was LPL Financial, an estimated $18.5M added.
- The largest State Street SPDR MSCI EAFE StrategicFactors ETF seller in Q2 2025 was Jane Street, an estimated $34.6M sold.
Based on aggregated 13F filings for Q2 2025.