iShares MSCI ACWI ex US

ACWX • NASDAQ

iShares MSCI ACWI ex US is an exchange-traded fund on NASDAQ. As of Q3 2025, 540 institutional investors hold shares in this ETF, with total holdings valued at $4.5B. BANK OF AMERICA CORP /DE/ is the largest holder with a position valued at $366.4M.

Overview

Overview of institutional ownership in ACWX as of Q3 2025

All Institutions

Institutions: 540
Value Held: $4.5B
Shares Held: 68.5M
Avg Position: $8.2M
Median Position: $951.2K

Hedge Funds

Hedge Funds: 14
Value Held: $53.0M
Shares Held: 813.9K
Avg Position: $3.8M
Median Position: $1.4M

Biggest Investors

Institutions with the largest positions in ACWX as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$366.4M 0.03% of portfolio	5.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$344.7M 0.02% of portfolio	5.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
B BlackRock, Inc. Institution	-	$279.8M 0.00% of portfolio	4.3M shares	Q4 2015 Held for 9y 11m	$5.67T
UBS Group AG Institution	Sergio P. Ermotti CEO	$174.4M 0.03% of portfolio	2.7M shares	Q4 2014 Held for 10y 11m	$511.54B
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$118.0M 0.03% of portfolio	1.8M shares	≤ Q2 2013 Held for 12y 5m+	$433.11B
GERMAN AMERICAN BANCORP, INC. Institution	D. Neil Dauby CEO	$105.3M 9.31% of portfolio	1.6M shares	Q2 2018 Held for 7y 5m	$1.1B
C Colony Group, LLC Institution	-	$102.1M 0.17% of portfolio	1.6M shares	Q4 2023 Held for 1y 11m	$61.0B
S Sageworth Trust Co Institution	-	$92.9M 4.33% of portfolio	1.4M shares	Q2 2017 Held for 8y 5m	$2.1B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$83.8M 0.02% of portfolio	1.3M shares	≤ Q2 2013 Held for 12y 5m+	$341.99B
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$80.7M 0.01% of portfolio	1.2M shares	≤ Q2 2013 Held for 12y 5m+	$691.34B

Net Capital Flow

Institutional buying and selling activity for ACWX in Q3 2025

Traded: −$71.1M
Buyers: 231
Sellers: 177
Total Bought: +$315.5M
Total Sold: −$386.7M
Avg Position: $7.8M

Biggest Buyers

Institution	Net Bought	Current Position
MORGAN STANLEY RIA/Wealth	+$53.7M +825.4K shares	$344.7M 5.3M shares
AMERIPRISE FINANCIAL INC Institution	+$23.1M +355.3K shares	$118.0M 1.8M shares
BANK OF AMERICA CORP /DE/ Institution	+$18.5M +284.7K shares	$366.4M 5.6M shares
THORNBURG INVESTMENT MANAGEMENT INC Long Only Manager	+$11.8M +181.7K shares	$14.9M 229.4K shares
Atwater Malick LLC RIA/Wealth	+$10.3M +158.5K shares	$12.0M 184.0K shares
D Dixon Mitchell Investment Counsel Inc. Institution	+$9.6M +147.5K shares	$9.6M 147.5K shares
Cullen Capital Management, LLC Long Only Manager	+$7.8M +119.7K shares	$7.8M 119.7K shares
BANK OF MONTREAL /CAN/ Institution	+$7.6M +116.9K shares	$16.2M 249.9K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	+$7.2M +111.2K shares	$83.8M 1.3M shares
Federation des caisses Desjardins du Quebec Fund of Funds	+$7.0M +107.3K shares	$28.3M 435.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
Merit Financial Group, LLC RIA/Wealth	−$145.0M −2.2M shares	$24.8M 381.6K shares
R ROYAL BANK OF CANADA Institution	−$68.5M −1.1M shares	$23.8M 366.4K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$27.4M −420.8K shares	$13.0M 200.0K shares
F FLOW TRADERS U.S. LLC Institution	−$20.2M −331.7K shares	Sold Off 0 shares
JPMORGAN CHASE & CO Institution	−$18.2M −280.0K shares	$57.2M 879.7K shares
B BNP PARIBAS ARBITRAGE, SA Institution	−$8.5M −130.7K shares	$11.7M 179.9K shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	−$8.4M −129.8K shares	$3.8M 59.0K shares
Beacon Pointe Advisors, LLC RIA/Wealth	−$8.3M −128.0K shares	$1.5M 23.5K shares
Union Bankshares Corp Institution	−$6.2M −95.9K shares	$12.9M 198.1K shares
N NewEdge Wealth, LLC Institution	−$5.4M −81.9K shares	$1.7M 25.2K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ACWX in Q3 2025

New Positions: 25
New Value: $24.9M
Exited Positions: 28
Exited Value: $35.5M

New Positions

Institution	Position Value
D Dixon Mitchell Investment Counsel Inc. Institution	$9.6M 147.5K shares
Investment Research Partners LLC Hedge Fund•Multi-Strategy	$4.7M 70.2K shares
C Capitolis Liquid Global Markets LLC Private Equity	$2.2M 34.6K shares
T TECTONIC ADVISORS LLC RIA/Wealth	$1.9M 29.2K shares
F Financiere des Professionnels - Fonds d,investissement inc. Institution	$1.6M 25.0K shares
Integrated Advisors Network LLC RIA/Wealth	$870.3K 13.4K shares
P Pictet North America Advisors SA Institution	$809.4K 12.5K shares
M MAIRS & POWER INC Institution	$715.1K 2.9K shares
Elgethun Capital Management RIA/Wealth	$490.9K 7.5K shares
I ISTHMUS PARTNERS, LLC RIA/Wealth	$451.0K 6.9K shares

Exited Positions

Institution	Previous Position
F FLOW TRADERS U.S. LLC Institution	$20.2M 331.7K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$4.6M 75.1K shares
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Long Only Manager	$2.3M 37.0K shares
H HRT FINANCIAL LLC Institution	$1.6M 25.5K shares
Wright Fund Managment, LLC Long Only Manager	$1.3M 23.2K shares
L Laurel Wealth Advisors LLC RIA/Wealth	$1.3M 20.7K shares
McElhenny Sheffield Capital Management, LLC Long Only Manager	$881.1K 885.0K shares
Eqis Capital Management, Inc. RIA/Wealth	$794.5K 13.0K shares
G GTS SECURITIES LLC Institution	$609.3K 10.0K shares
PRUDENTIAL FINANCIAL INC Institution	$568.0K 9.3K shares

Options Activity

Institutions with the largest Call and Put options positions in ACWX as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with ACWX as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Cliffwater LLC Fund of Funds	Stephen Lane Nesbitt CEO	14.36% $68.2M	1.0M shares	Q2 2024 Held for 1y 5m	$474.7M
TLWM RIA/Wealth	Enzo Thomas Pellegrino CCO	9.52% $53.0M	814.9K shares	Q4 2017 Held for 7y 11m	$556.4M
GERMAN AMERICAN BANCORP, INC. Institution	D. Neil Dauby CEO	9.31% $105.3M	1.6M shares	Q2 2018 Held for 7y 5m	$1.1B
Resolute Advisors LLC RIA/Wealth	Kevin Michael Lutz Founder	7.99% $30.9M	475.9K shares	Q2 2025 Held for 5 months	$387.4M
Financial Services Advisory Inc RIA/Wealth	David Ronald Petersen Founder	6.10% $15.8M	243.4K shares	Q1 2025 Held for 8 months	$259.5M
A Abundance Wealth Counselors RIA/Wealth	Ryan Ohlson CCO	6.07% $33.1M	509.5K shares	Q1 2025 Held for 8 months	$545.9M
Winthrop Advisory Group LLC RIA/Wealth	Max Gustav Winthrop CEO	5.96% $68.1M	1.0M shares	Q4 2023 Held for 1y 11m	$1.1B
Cassia Capital Partners, LLC RIA/Wealth	James R Helvey CIO	4.96% $9.1M	139.8K shares	Q2 2023 Held for 2y 5m	$183.1M
S Sageworth Trust Co Institution	-	4.33% $92.9M	1.4M shares	Q2 2017 Held for 8y 5m	$2.1B
STAGE HARBOR FINANCIAL, LLC RIA/Wealth	Andre Matos Fernandes Managing Partner	4.29% $5.7M	88.2K shares	Q4 2023 Held for 1y 11m	$133.6M