Vanguard FTSE Emerging Markets ETF
VWO
2,498 hedge funds and large institutions have $76.5B invested in Vanguard FTSE Emerging Markets ETF in 2025 Q4 according to their latest regulatory filings, with 322 funds opening new positions, 1,199 increasing their positions, 724 reducing their positions, and 77 closing their positions.
318% more first-time investments, than exits
New positions opened: 322 | Existing positions closed: 77
66% more repeat investments, than reductions
Existing positions increased: 1,199 | Existing positions reduced: 724
17% more call options, than puts
Call options by funds: $53.7M | Put options by funds: $45.9M
10% more funds holding in top 10
Funds holding in top 10: 252 → 278 (+26)
8% more funds holding
Funds holding: 2,304 → 2,498 (+194)
1.41% more ownership
Funds ownership: 71.63% → 73.04% (+1.4%)
5% more capital invested
Capital invested by funds: $72.9B → $76.5B (+$3.54B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Corient Private Wealth
Miami,
Florida
|
+$505M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$367M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$235M |
| 4 |
BlackRock
New York
|
+$234M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$184M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$257M |
| 2 |
WANY
Wealthspire Advisors (New York)
New York
|
-$229M |
| 3 |
CPO
Cerity Partners OCIO
New York
|
-$98.2M |
| 4 |
SDIC
South Dakota Investment Council
Sioux Falls,
South Dakota
|
-$60.5M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$50.6M |
VWO Hedge Fund Activity: Q4 2025 in Review
2,498 of the 8,257 institutional investors tracked by Wall St. Rank reported a position in Vanguard FTSE Emerging Markets ETF (VWO) for Q4 2025, worth a combined $76.5B — up 4.8% from $72.9B a quarter earlier.
Buyers outnumbered sellers: 322 funds opened new VWO positions and 77 closed out — a net gain of 245 holders — while 1,199 added to existing stakes and 724 trimmed.
The largest buyer was Corient Private Wealth, adding an estimated $505M. The largest seller was Citigroup, cutting an estimated $257M.
- 2,498 institutional investors held Vanguard FTSE Emerging Markets ETF (VWO) as of Q4 2025, up from 2,304 in Q3 2025.
- Funds reported $76.5B of Vanguard FTSE Emerging Markets ETF stock for Q4 2025, up 4.8% quarter-over-quarter.
- 322 funds opened new Vanguard FTSE Emerging Markets ETF positions in Q4 2025 and 77 closed out, a net change of +245 holders.
- The largest Vanguard FTSE Emerging Markets ETF buyer in Q4 2025 was Corient Private Wealth, an estimated $505M added.
- The largest Vanguard FTSE Emerging Markets ETF seller in Q4 2025 was Citigroup, an estimated $257M sold.
Based on aggregated 13F filings for Q4 2025.