Vanguard FTSE Emerging Markets ETF
VWO
2,507 hedge funds and large institutions have $75.6B invested in Vanguard FTSE Emerging Markets ETF in 2025 Q4 according to their latest regulatory filings, with 325 funds opening new positions, 1,201 increasing their positions, 726 reducing their positions, and 77 closing their positions.
322% more first-time investments, than exits
New positions opened: 325 | Existing positions closed: 77
65% more repeat investments, than reductions
Existing positions increased: 1,201 | Existing positions reduced: 726
17% more call options, than puts
Call options by funds: $53.7M | Put options by funds: $45.9M
11% more funds holding in top 10
Funds holding in top 10: 253 → 280 (+27)
9% more funds holding
Funds holding: 2,310 → 2,507 (+197)
4% more capital invested
Capital invested by funds: $73B → $75.6B (+$2.57B)
0.96% more ownership
Funds ownership: 71.74% → 72.7% (+0.96%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$367M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$235M |
| 3 |
BlackRock
New York
|
+$234M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$184M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$173M |
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
2,507 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in Vanguard FTSE Emerging Markets ETF (VWO) for Q4 2025, worth a combined $75.6B — up 3.5% from $73B a quarter earlier.
Buyers outnumbered sellers: 325 funds opened new VWO positions and 77 closed out — a net gain of 248 holders — while 1,201 added to existing stakes and 726 trimmed.
The largest buyer was Old Mission Capital, adding an estimated $367M. The largest seller was Citigroup, cutting an estimated $257M.
- 2,507 institutional investors held Vanguard FTSE Emerging Markets ETF (VWO) as of Q4 2025, up from 2,310 in Q3 2025.
- Funds reported $75.6B of Vanguard FTSE Emerging Markets ETF stock for Q4 2025, up 3.5% quarter-over-quarter.
- 325 funds opened new Vanguard FTSE Emerging Markets ETF positions in Q4 2025 and 77 closed out, a net change of +248 holders.
- The largest Vanguard FTSE Emerging Markets ETF buyer in Q4 2025 was Old Mission Capital, an estimated $367M 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.