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Vanguard FTSE All-World ex-US ETF

1,352 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, 427 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

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: 427

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: 125133 (+8)

5% more funds holding

Funds holding: 1,2891,352 (+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

Holders
1,352
Holders Change
+63
Holders Change %
+4.89%
% of All Funds
17.8%
Holding in Top 10
133
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+6.4%
% of All Funds
1.75%
New
131
Increased
550
Reduced
427
Closed
46
Calls
$2.96M
Puts
$3.79M
Net Calls
-$827K
Net Calls Change
+$2.02M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$1.51B +$61.5M +970,621 +5%
Bank of America
2
Bank of America
North Carolina
$1.36B +$14.9M +235,398 +1%
Northern Trust
3
Northern Trust
Illinois
$1.09B +$30M +473,623 +3%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$680M +$19M +300,177 +3%
PNC Financial Services Group
5
PNC Financial Services Group
Pennsylvania
$515M +$4.69M +74,007 +1%
FMWA
6
Forvis Mazars Wealth Advisors
Missouri
$465M +$10.5M +165,770 +2%
UBS Group
7
UBS Group
Switzerland
$448M +$25.5M +403,305 +6%
Raymond James Financial
8
Raymond James Financial
Florida
$410M +$8.28M +130,836 +2%
CIAS
9
CBIZ Investment Advisory Services
Ohio
$370M -$7.49M -118,221 -2%
Vanguard Group
10
Vanguard Group
Pennsylvania
$337M +$71.2M +1,124,955 +29%
CIBC Asset Management
11
CIBC Asset Management
Ontario, Canada
$325M +$572K +9,040 +0.2%
KIM
12
Kestra Investment Management
Texas
$288M +$149M +2,349,882 +110%
DT
13
Diversified Trust
Tennessee
$287M +$24.9M +393,831 +10%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$282M +$10.2M +161,364 +4%
WA
15
WestEnd Advisors
North Carolina
$267M -$4.36M -68,905 -2%
CAM
16
Cresset Asset Management
Illinois
$267M -$1.31M -20,706 -0.5%
HighTower Advisors
17
HighTower Advisors
Illinois
$252M +$75.1M +1,185,559 +46%
SF
18
Summit Financial
New Jersey
$231M +$5.69M +89,890 +3%
LNC
19
Lincoln National Corp
Pennsylvania
$221M +$13M +205,031 +7%
Sanders Capital
20
Sanders Capital
Florida
$213M -$136M -2,153,435 -40%
Stifel Financial
21
Stifel Financial
Missouri
$201M +$11.4M +179,918 +6%
Baird Financial Group
22
Baird Financial Group
Wisconsin
$195M +$13.9M +218,762 +8%
LPL Financial
23
LPL Financial
California
$192M +$21.1M +333,457 +13%
Cerity Partners
24
Cerity Partners
New York
$173M +$3.76M +59,445 +2%
Jones Financial Companies
25
Jones Financial Companies
Missouri
$173M +$8.21M +129,710 +5%

VEU Hedge Fund Activity: Q2 2025 in Review

1,352 of the 7,595 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 427 trimmed.

The largest buyer was Kestra Investment Management, adding an estimated $149M. The largest seller was Sanders Capital, cutting an estimated $136M.

  • 1,352 institutional investors held Vanguard FTSE All-World ex-US ETF (VEU) as of Q2 2025, up from 1,289 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.