Vanguard FTSE All-World ex-US Small-Cap Index Fund
682 hedge funds and large institutions have $5.11B invested in Vanguard FTSE All-World ex-US Small-Cap Index Fund in 2025 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 256 increasing their positions, 222 reducing their positions, and 41 closing their positions.
68% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 41
15% more repeat investments, than reductions
Existing positions increased: 256 | Existing positions reduced: 222
2% more funds holding
Funds holding: 670 → 682 (+12)
1.53% more ownership
Funds ownership: 51.91% → 53.44% (+1.5%)
0% less capital invested
Capital invested by funds: $5.12B → $5.11B (-$2.83M)
9% less funds holding in top 10
Funds holding in top 10: 23 → 21 (-2)
29% less call options, than puts
Call options by funds: $215K | Put options by funds: $301K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$215M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$33.9M |
| 3 |
Jane Street
New York
|
+$32.8M |
| 4 |
Jones Financial Companies
Des Peres,
Missouri
|
+$18.2M |
| 5 |
Lido Advisors
Los Angeles,
California
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
-$148M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$40.8M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$35.9M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$24M |
| 5 |
2L
25 LLC
St. Louis,
Missouri
|
-$17.9M |
VSS Hedge Fund Activity: Q4 2025 in Review
682 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in Vanguard FTSE All-World ex-US Small-Cap Index Fund (VSS) for Q4 2025, worth a combined $5.11B — down 0.06% from $5.12B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new VSS positions and 41 closed out — a net gain of 28 holders — while 256 added to existing stakes and 222 trimmed.
The largest buyer was State of New Jersey Common Pension Fund D, opening a new position worth an estimated $215M. The largest seller was Arax Advisory Partners, cutting an estimated $148M.
- 682 institutional investors held Vanguard FTSE All-World ex-US Small-Cap Index Fund (VSS) as of Q4 2025, up from 670 in Q3 2025.
- Funds reported $5.11B of Vanguard FTSE All-World ex-US Small-Cap Index Fund stock for Q4 2025, down 0.06% quarter-over-quarter.
- 69 funds opened new Vanguard FTSE All-World ex-US Small-Cap Index Fund positions in Q4 2025 and 41 closed out, a net change of +28 holders.
- The largest Vanguard FTSE All-World ex-US Small-Cap Index Fund buyer in Q4 2025 was State of New Jersey Common Pension Fund D, an estimated $215M added.
- The largest Vanguard FTSE All-World ex-US Small-Cap Index Fund seller in Q4 2025 was Arax Advisory Partners, an estimated $148M sold.
Based on aggregated 13F filings for Q4 2025.