Vanguard FTSE All-World ex-US Small-Cap Index Fund
670 hedge funds and large institutions have $5.12B invested in Vanguard FTSE All-World ex-US Small-Cap Index Fund in 2025 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 203 increasing their positions, 269 reducing their positions, and 33 closing their positions.
100% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 33
3% more funds holding
Funds holding: 650 → 670 (+20)
0.8% more ownership
Funds ownership: 51.12% → 51.91% (+0.8%)
0% more capital invested
Capital invested by funds: $5.1B → $5.12B (+$19.8M)
0% more funds holding in top 10
Funds holding in top 10: 23 → 23 (0)
25% less repeat investments, than reductions
Existing positions increased: 203 | Existing positions reduced: 269
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
+$144M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
+$50.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$44.3M |
| 4 |
SC
Savant Capital
Rockford,
Illinois
|
+$34M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$28.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Natixis Advisors
Boston,
Massachusetts
|
-$40.1M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$19.6M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$17.7M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$17.1M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$15.9M |
VSS Hedge Fund Activity: Q3 2025 in Review
670 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in Vanguard FTSE All-World ex-US Small-Cap Index Fund (VSS) for Q3 2025, worth a combined $5.12B — up 0.39% from $5.1B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new VSS positions and 33 closed out — a net gain of 33 holders — while 203 added to existing stakes and 269 trimmed.
The largest buyer was Arax Advisory Partners, adding an estimated $144M. The largest seller was Natixis Advisors, cutting an estimated $40.1M.
- 670 institutional investors held Vanguard FTSE All-World ex-US Small-Cap Index Fund (VSS) as of Q3 2025, up from 650 in Q2 2025.
- Funds reported $5.12B of Vanguard FTSE All-World ex-US Small-Cap Index Fund stock for Q3 2025, up 0.39% quarter-over-quarter.
- 66 funds opened new Vanguard FTSE All-World ex-US Small-Cap Index Fund positions in Q3 2025 and 33 closed out, a net change of +33 holders.
- The largest Vanguard FTSE All-World ex-US Small-Cap Index Fund buyer in Q3 2025 was Arax Advisory Partners, an estimated $144M added.
- The largest Vanguard FTSE All-World ex-US Small-Cap Index Fund seller in Q3 2025 was Natixis Advisors, an estimated $40.1M sold.
Based on aggregated 13F filings for Q3 2025.