iShares Residential and Multisector Real Estate ETF
REZ
163 hedge funds and large institutions have $388M invested in iShares Residential and Multisector Real Estate ETF in 2025 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 56 increasing their positions, 48 reducing their positions, and 19 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 48
11% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 19
1% more funds holding
Funds holding: 161 → 163 (+2)
0.32% more ownership
Funds ownership: 49.35% → 49.67% (+0.32%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less capital invested
Capital invested by funds: $400M → $388M (-$12.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$6.78M |
| 2 |
BA
Bard Associates
Chicago,
Illinois
|
+$5.68M |
| 3 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$5.18M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.25M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFA
Tobias Financial Advisors
Plantation,
Florida
|
-$14.9M |
| 2 |
MFS
Madrid Financial Services
Manhattan Beach,
California
|
-$6.98M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$2.87M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.85M |
| 5 |
FPAS
Focus Partners Advisor Solutions
Saint Louis,
Missouri
|
-$2.79M |
REZ Hedge Fund Activity: Q4 2025 in Review
163 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in iShares Residential and Multisector Real Estate ETF (REZ) for Q4 2025, worth a combined $388M — down 3% from $400M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new REZ positions and 19 closed out — a net gain of 2 holders — while 56 added to existing stakes and 48 trimmed.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $6.78M. The largest seller was Tobias Financial Advisors, cutting an estimated $14.9M.
- 163 institutional investors held iShares Residential and Multisector Real Estate ETF (REZ) as of Q4 2025, up from 161 in Q3 2025.
- Funds reported $388M of iShares Residential and Multisector Real Estate ETF stock for Q4 2025, down 3% quarter-over-quarter.
- 21 funds opened new iShares Residential and Multisector Real Estate ETF positions in Q4 2025 and 19 closed out, a net change of +2 holders.
- The largest iShares Residential and Multisector Real Estate ETF buyer in Q4 2025 was Two Sigma Investments, an estimated $6.78M added.
- The largest iShares Residential and Multisector Real Estate ETF seller in Q4 2025 was Tobias Financial Advisors, an estimated $14.9M sold.
Based on aggregated 13F filings for Q4 2025.