Vanguard FTSE All-World ex-US ETF
1,353 hedge funds and large institutions have $20.4B invested in Vanguard FTSE All-World ex-US ETF in 2025 Q2 according to their latest regulatory filings, with 131 funds opening new positions, 550 increasing their positions, 428 reducing their positions, and 46 closing their positions.
185% more first-time investments, than exits
New positions opened: 131 | Existing positions closed: 46
29% more repeat investments, than reductions
Existing positions increased: 550 | Existing positions reduced: 428
15% more capital invested
Capital invested by funds: $17.8B → $20.4B (+$2.61B)
6% more funds holding in top 10
Funds holding in top 10: 125 → 133 (+8)
5% more funds holding
Funds holding: 1,290 → 1,353 (+63)
0.36% more ownership
Funds ownership: 44.59% → 44.95% (+0.36%)
22% less call options, than puts
Call options by funds: $2.96M | Put options by funds: $3.79M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Kestra Investment Management
Austin,
Texas
|
+$149M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$75.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$71.2M |
| 4 |
Morgan Stanley
New York
|
+$61.5M |
| 5 |
CLGM
Capitolis Liquid Global Markets
New York
|
+$37.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sanders Capital
West Palm Beach,
Florida
|
-$136M |
| 2 |
MAMU
Myriad Asset Management US
West Palm Beach,
Florida
|
-$96.2M |
| 3 |
SG
Strid Group
Newtown Square,
Pennsylvania
|
-$29.4M |
| 4 |
SCM
Sollinda Capital Management
Miami,
Florida
|
-$23.3M |
| 5 |
OL
Optas LLC
Austin,
Texas
|
-$20.6M |
VEU Hedge Fund Activity: Q2 2025 in Review
1,353 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Vanguard FTSE All-World ex-US ETF (VEU) for Q2 2025, worth a combined $20.4B — up 15% from $17.8B a quarter earlier.
Buyers outnumbered sellers: 131 funds opened new VEU positions and 46 closed out — a net gain of 85 holders — while 550 added to existing stakes and 428 trimmed.
The largest buyer was Kestra Investment Management, adding an estimated $149M. The largest seller was Sanders Capital, cutting an estimated $136M.
- 1,353 institutional investors held Vanguard FTSE All-World ex-US ETF (VEU) as of Q2 2025, up from 1,290 in Q1 2025.
- Funds reported $20.4B of Vanguard FTSE All-World ex-US ETF stock for Q2 2025, up 15% quarter-over-quarter.
- 131 funds opened new Vanguard FTSE All-World ex-US ETF positions in Q2 2025 and 46 closed out, a net change of +85 holders.
- The largest Vanguard FTSE All-World ex-US ETF buyer in Q2 2025 was Kestra Investment Management, an estimated $149M added.
- The largest Vanguard FTSE All-World ex-US ETF seller in Q2 2025 was Sanders Capital, an estimated $136M sold.
Based on aggregated 13F filings for Q2 2025.