iShares MSCI EAFE Min Vol Factor

EFAV • BATS

iShares MSCI EAFE Min Vol Factor is an exchange-traded fund on BATS. As of Q3 2025, 507 institutional investors hold shares in this ETF, with total holdings valued at $3.6B. FMR LLC is the largest holder with a position valued at $713.2M.

Overview

Overview of institutional ownership in EFAV as of Q3 2025

All Institutions

Institutions: 507
Value Held: $3.6B
Shares Held: 42.5M
Avg Position: $7.1M
Median Position: $488.8K

Hedge Funds

Hedge Funds: 8
Value Held: $12.2M
Shares Held: 144.0K
Avg Position: $1.5M
Median Position: $1.0M

Biggest Investors

Institutions with the largest positions in EFAV as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
FMR LLC Institution	-	$713.2M 0.04% of portfolio	8.4M shares	Q1 2014 Held for 11y 9m	$1.92T
BlackRock, Inc. Institution	Laurence D. Fink CEO	$372.5M 0.01% of portfolio	4.4M shares	≤ Q2 2013 Held for 12y 6m+	$5.67T
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$330.8M 0.02% of portfolio	3.9M shares	≤ Q2 2013 Held for 12y 6m+	$1.33T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$179.8M 0.01% of portfolio	2.1M shares	≤ Q2 2013 Held for 12y 6m+	$1.65T
Wharton Business Group, LLC RIA/Wealth	Billy Joe Webster CCO	$149.9M 6.56% of portfolio	1.8M shares	Q4 2019 Held for 6 years	$2.3B
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	-	$101.1M 0.07% of portfolio	1.2M shares	Q1 2015 Held for 10y 9m	$149.83B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$88.3M 0.03% of portfolio	1.0M shares	≤ Q2 2013 Held for 12y 6m+	$342.01B
L LPL Financial LLC Institution	-	$83.6M 0.02% of portfolio	985.6K shares	≤ Q2 2013 Held for 12y 6m+	$340.07B
ADVANTUS CAPITAL MANAGEMENT INC Insurance Manager	Suzette Louise Huovinen CEO	$69.2M 1.83% of portfolio	815.3K shares	Q1 2014 Held for 11y 9m	$3.8B
F Financial Engines Advisors L.L.C. Institution	-	$69.0M 0.13% of portfolio	813.0K shares	Q4 2018 Held for 7 years	$52.4B

Net Capital Flow

Institutional buying and selling activity for EFAV in Q3 2025

Traded: −$191.4M
Buyers: 175
Sellers: 201
Total Bought: +$106.6M
Total Sold: −$297.9M
Avg Position: $6.8M

Biggest Buyers

Institution	Net Bought	Current Position
Cetera Investment Advisers RIA/Wealth	+$11.0M +129.3K shares	$30.9M 364.4K shares
A Amundi Institution	+$10.2M +120.0K shares	$35.2M 412.7K shares
N NATIONAL BANK OF CANADA /FI/ Institution	+$6.9M +81.7K shares	$6.9M 81.7K shares
A Advisor Group Holdings, Inc. Institution	+$6.6M +77.9K shares	$17.4M 205.5K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	+$6.5M +76.2K shares	$6.5M 76.2K shares
UBS Group AG Institution	+$5.3M +61.9K shares	$60.4M 712.2K shares
Adviser Investments LLC Family Office	+$4.7M +54.9K shares	$4.7M 54.9K shares
R ROYAL BANK OF CANADA Institution	+$4.4M +52.0K shares	$44.2M 520.7K shares
J JANE STREET GROUP, LLC Institution	+$4.4M +51.7K shares	$27.6M 324.9K shares
O OLD MISSION CAPITAL LLC Institution	+$3.9M +45.5K shares	$5.1M 59.6K shares

Biggest Sellers

Institution	Net Sold	Current Position
FMR LLC Institution	−$51.8M −611.0K shares	$713.2M 8.4M shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$45.0M −530.6K shares	$88.3M 1.0M shares
Portfolio Design Labs, LLC RIA/Wealth	−$30.4M −358.5K shares	$15.8M 186.4K shares
A Ascent Group, LLC Institution	−$25.3M −298.0K shares	$11.1M 131.2K shares
AMERIPRISE FINANCIAL INC Institution	−$20.9M −246.2K shares	$44.2M 521.1K shares
BlackRock, Inc. Institution	−$10.9M −128.2K shares	$372.5M 4.4M shares
BANK OF AMERICA CORP /DE/ Institution	−$9.9M −116.9K shares	$330.8M 3.9M shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$9.1M −107.0K shares	$3.0M 34.8K shares
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	−$8.3M −97.8K shares	$40.4M 476.7K shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	−$8.1M −95.0K shares	$25.3M 298.1K shares

Entry and Exit Activity

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

New Positions: 13
New Value: $901.8K
Exited Positions: 26
Exited Value: $22.3M

New Positions

Institution	Position Value
Greenwich Wealth Management LLC RIA/Wealth	$328.6K 3.9K shares
S Sanibel Captiva Trust Company, Inc. Institution	$200.6K 2.4K shares
R Root Financial Partners, LLC RIA/Wealth	$119.0K 1.4K shares
Triumph Capital Management RIA/Wealth	$104.9K 1.2K shares
U United Community Bank Institution	$87.0K 1.0K shares
Wealth Watch Advisors, INC RIA/Wealth	$30.1K 355.0 shares
Palisade Asset Management, LLC RIA/Wealth	$15.8K 186.0 shares
FINANCIAL CONSULATE, INC RIA/Wealth	$5.3K 62.0 shares
JPL Wealth Management, LLC RIA/Wealth	$4.2K 50.0 shares
R Rice Partnership, LLC Institution	$3.1K 37.0 shares

Exited Positions

Institution	Previous Position
O One Capital Management, LLC RIA/Wealth	$5.8M 69.0K shares
F FLOW TRADERS U.S. LLC Institution	$3.7M 43.7K shares
GOLDMAN SACHS GROUP INC Institution	$3.5M 41.5K shares
Tactive Advisors, LLC RIA/Wealth	$2.4M 28.9K shares
L Laurel Wealth Advisors LLC RIA/Wealth	$1.3M 15.8K shares
Independent Solutions Wealth Management, LLC RIA/Wealth	$1.2M 14.2K shares
Callan Family Office, LLC Family Office	$1.0M 12.1K shares
QRG CAPITAL MANAGEMENT, INC. Long Only Manager	$624.8K 7.4K shares
Sovereign Investment Advisors, LLC RIA/Wealth	$456.5K 5.4K shares
Simplicity Wealth,LLC RIA/Wealth	$405.8K 4.8K shares

Options Activity

Institutions with the largest Call and Put options positions in EFAV 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 EFAV as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Wealth Advisors of Iowa, LLC RIA/Wealth	Kellie Marie Masters CCO	8.92% $26.2M	308.7K shares	Q4 2022 Held for 3 years	$293.7M
Wharton Business Group, LLC RIA/Wealth	Billy Joe Webster CCO	6.56% $149.9M	1.8M shares	Q4 2019 Held for 6 years	$2.3B
B Burt Wealth Advisors RIA/Wealth	Frederick Joseph Cornelius CEO	5.76% $23.5M	276.5K shares	Q4 2014 Held for 11 years	$407.3M
Lester Murray Antman dba SimplyRich RIA/Wealth	Jonathan David Singer Managing Partner	5.21% $16.1M	190.1K shares	Q4 2017 Held for 8 years	$309.5M
A Armbruster Capital Management, Inc. RIA/Wealth	Mark Edward Armbruster CEO	3.13% $18.4M	216.9K shares	Q1 2020 Held for 5y 9m	$587.6M
Portfolio Design Labs, LLC RIA/Wealth	Jason Terrance Thomas Managing Partner	2.72% $15.8M	186.4K shares	Q2 2025 Held for 6 months	$582.4M
Y Yeomans Consulting Group, Inc. Institution	-	2.39% $6.9M	81.2K shares	Q4 2023 Held for 2 years	$289.7M
ADVANTUS CAPITAL MANAGEMENT INC Insurance Manager	Suzette Louise Huovinen CEO	1.83% $69.2M	815.3K shares	Q1 2014 Held for 11y 9m	$3.8B
C Corsicana & Co. Institution	-	1.80% $3.2M	37.8K shares	Q3 2025 Held for 3 months	$178.0M
Shore Point Advisors, LLC RIA/Wealth	Jason C Lamb CEO	1.59% $3.6M	42.4K shares	Q4 2021 Held for 4 years	$225.7M

Hedge Fund Spotlight

Discover hedge funds investing in EFAV

RENAISSANCE TECHNOLOGIES LLC

Hedge Fund • Quant

Portfolio ManagerDavid Allen Lippe

Portfolio Value: $75.8B
Positions: 3,421
Last Reported: Q3 2025

Sector Allocation

Position in iShares MSCI EAFE Min Vol Factor

Market Value: $950.1K
Shares Held: 11.2K
Portfolio Weight: 0.00%
Owned Since: 2023-Q2

Top Holding	Sector	Market Value	Weight
1 Palantir Technologies Inc. PLTR	Software - Infrastructure Technology	$1.6B	2.06%
2 Nvidia NVDA	Semiconductors Technology	$1.1B	1.39%
3 Roblox RBLX	Electronic Gaming & Multimedia Technology	$953.5M	1.26%