Vanguard FTSE Emerging Markets ETF
VWO
2,264 hedge funds and large institutions have $65.5B invested in Vanguard FTSE Emerging Markets ETF in 2025 Q2 according to their latest regulatory filings, with 175 funds opening new positions, 985 increasing their positions, 856 reducing their positions, and 93 closing their positions.
88% more first-time investments, than exits
New positions opened: 175 | Existing positions closed: 93
15% more repeat investments, than reductions
Existing positions increased: 985 | Existing positions reduced: 856
11% more capital invested
Capital invested by funds: $59.1B → $65.5B (+$6.49B)
2% more funds holding
Funds holding: 2,214 → 2,264 (+50)
1% more funds holding in top 10
Funds holding in top 10: 246 → 249 (+3)
0.95% more ownership
Funds ownership: 72.07% → 73.02% (+0.95%)
10% less call options, than puts
Call options by funds: $49.6M | Put options by funds: $55.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$176M |
| 2 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
+$150M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$148M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$144M |
| 5 |
JRP
Jasper Ridge Partners
Menlo Park,
California
|
+$134M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NVCHI
New Vernon Capital Holdings II
Morristown,
New Jersey
|
-$398M |
| 2 |
APF
Alaska Permanent Fund
Juneau,
Alaska
|
-$232M |
| 3 |
Betterment LLC
New York
|
-$150M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$107M |
| 5 |
Goldman Sachs
New York
|
-$91M |
VWO Hedge Fund Activity: Q2 2025 in Review
2,264 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Vanguard FTSE Emerging Markets ETF (VWO) for Q2 2025, worth a combined $65.5B — up 11% from $59.1B a quarter earlier.
Buyers outnumbered sellers: 175 funds opened new VWO positions and 93 closed out — a net gain of 82 holders — while 985 added to existing stakes and 856 trimmed.
The largest buyer was Bank of America, adding an estimated $176M. The largest seller was New Vernon Capital Holdings II, cutting an estimated $398M.
- 2,264 institutional investors held Vanguard FTSE Emerging Markets ETF (VWO) as of Q2 2025, up from 2,214 in Q1 2025.
- Funds reported $65.5B of Vanguard FTSE Emerging Markets ETF stock for Q2 2025, up 11% quarter-over-quarter.
- 175 funds opened new Vanguard FTSE Emerging Markets ETF positions in Q2 2025 and 93 closed out, a net change of +82 holders.
- The largest Vanguard FTSE Emerging Markets ETF buyer in Q2 2025 was Bank of America, an estimated $176M added.
- The largest Vanguard FTSE Emerging Markets ETF seller in Q2 2025 was New Vernon Capital Holdings II, an estimated $398M sold.
Based on aggregated 13F filings for Q2 2025.