iShares MSCI EAFE Small-Cap ETF

SCZ • NASDAQ

iShares MSCI EAFE Small-Cap ETF is an exchange-traded fund on NASDAQ. As of Q3 2025, 693 institutional investors hold shares in this ETF, with total holdings valued at $7.7B. TIAA TRUST, NATIONAL ASSOCIATION is the largest holder with a position valued at $1.2B.

Overview

Overview of institutional ownership in SCZ as of Q3 2025

All Institutions

Institutions: 693
Value Held: $7.7B
Shares Held: 101.0M
Avg Position: $11.2M
Median Position: $709.3K

Hedge Funds

Hedge Funds: 6
Value Held: $7.8M
Shares Held: 101.9K
Avg Position: $1.3M
Median Position: $634.2K

Biggest Investors

Institutions with the largest positions in SCZ as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
T TIAA TRUST, NATIONAL ASSOCIATION Institution	-	$1.2B 2.84% of portfolio	15.3M shares	Q3 2023 Held for 2y 3m	$41.2B
J JONES FINANCIAL COMPANIES LLLP Institution	-	$860.5M 0.59% of portfolio	11.3M shares	≤ Q2 2013 Held for 12y 6m+	$146.70B
NGAM ADVISORS, L.P. Long Only Manager	David Lawrence Giunta CEO	$739.7M 1.15% of portfolio	9.6M shares	≤ Q2 2013 Held for 12y 6m+	$64.4B
Creative Planning RIA/Wealth	Peter Alex Mallouk CEO	$318.1M 0.24% of portfolio	4.1M shares	≤ Q2 2013 Held for 12y 6m+	$130.86B
S State of New Jersey Common Pension Fund D Institution	-	$284.1M 1.04% of portfolio	3.7M shares	Q3 2021 Held for 4y 3m	$27.2B
BlackRock, Inc. Institution	Laurence D. Fink CEO	$262.5M 0.00% of portfolio	3.4M shares	≤ Q2 2013 Held for 12y 6m+	$5.67T
Bank of New York Mellon Corp Institution	Robin Vince CEO	$242.4M 0.04% of portfolio	3.2M shares	≤ Q2 2013 Held for 12y 6m+	$556.34B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$216.0M 0.01% of portfolio	2.8M shares	≤ Q2 2013 Held for 12y 6m+	$1.65T
FMR LLC Institution	-	$211.7M 0.01% of portfolio	2.8M shares	≤ Q2 2013 Held for 12y 6m+	$1.92T
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$211.4M 0.03% of portfolio	2.8M shares	≤ Q2 2013 Held for 12y 6m+	$691.37B

Net Capital Flow

Institutional buying and selling activity for SCZ in Q3 2025

Traded: +$11.8M
Buyers: 225
Sellers: 326
Total Bought: +$390.3M
Total Sold: −$378.5M
Avg Position: $10.5M

Biggest Buyers

Institution	Net Bought	Current Position
Global Alpha Capital Management Ltd. Long Only Manager	+$68.6M +893.6K shares	$68.6M 893.6K shares
Cetera Investment Advisers RIA/Wealth	+$58.6M +764.4K shares	$79.7M 1.0M shares
J JONES FINANCIAL COMPANIES LLLP Institution	+$49.9M +655.2K shares	$860.5M 11.3M shares
T TIAA TRUST, NATIONAL ASSOCIATION Institution	+$38.0M +495.9K shares	$1.2B 15.3M shares
MORGAN STANLEY RIA/Wealth	+$34.5M +449.2K shares	$216.0M 2.8M shares
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	+$26.3M +342.5K shares	$29.3M 381.6K shares
S State of New Jersey Common Pension Fund D Institution	+$10.9M +142.3K shares	$284.1M 3.7M shares
B BRYN MAWR TRUST CO/PA Institution	+$9.3M +121.8K shares	$59.7M 777.7K shares
BlackRock, Inc. Institution	+$8.0M +104.7K shares	$262.5M 3.4M shares
Kingsview Wealth Management, LLC RIA/Wealth	+$6.2M +80.4K shares	$7.3M 95.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
R ROYAL BANK OF CANADA Institution	−$48.4M −630.3K shares	$11.3M 147.3K shares
NGAM ADVISORS, L.P. Long Only Manager	−$38.8M −505.6K shares	$739.7M 9.6M shares
J JANE STREET GROUP, LLC Institution	−$30.1M −391.8K shares	$21.1M 275.0K shares
UBS Group AG Institution	−$29.3M −382.0K shares	$63.3M 824.5K shares
BANK OF AMERICA CORP /DE/ Institution	−$28.1M −365.7K shares	$125.8M 1.6M shares
Mariner Wealth Advisors, LLC RIA/Wealth	−$17.3M −225.7K shares	$11.9M 155.5K shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	−$16.7M −217.6K shares	$24.3M 317.1K shares
Cambridge Investment Research Advisors, Inc. RIA/Wealth	−$13.5M −175.6K shares	$8.8M 114.5K shares
FRANKLIN RESOURCES INC Institution	−$13.3M −173.7K shares	$15.7M 204.8K shares
Creative Planning RIA/Wealth	−$10.2M −133.5K shares	$318.1M 4.1M shares

Entry and Exit Activity

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

New Positions: 19
New Value: $5.5M
Exited Positions: 42
Exited Value: $21.6M

New Positions

Institution	Position Value
FIRST CITIZENS INVESTOR SERVICES, INC. RIA/Wealth	$2.3M 30.5K shares
Steel Peak Wealth Management LLC RIA/Wealth	$1.3M 16.4K shares
PFG Private Wealth Management, LLC RIA/Wealth	$608.1K 7.9K shares
Forefront Wealth Partners, LLC RIA/Wealth	$292.0K 3.8K shares
R Rathbone Brothers plc RIA/Wealth	$286.5K 3.7K shares
apricus wealth, LLC RIA/Wealth	$246.3K 3.2K shares
Concurrent Investment Advisors, LLC RIA/Wealth	$219.1K 2.9K shares
North Ridge Wealth Advisors, Inc. RIA/Wealth	$165.5K 2.2K shares
Reyes Financial Architecture, Inc. RIA/Wealth	$24.6K 320.0 shares
Wealth Watch Advisors, INC RIA/Wealth	$21.1K 275.0 shares

Exited Positions

Institution	Previous Position
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$4.4M 60.3K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$3.7M 51.3K shares
D DRW Securities, LLC Institution	$3.2M 44.2K shares
Q Qube Research & Technologies Ltd Institution	$2.3M 31.9K shares
V Vestcor Investment Management Corp Institution	$2.0M 27.4K shares
P Patriot Financial Group Insurance Agency, LLC Institution	$892.7K 12.3K shares
B BNP PARIBAS ARBITRAGE, SA Institution	$617.8K 8.5K shares
P PITCAIRN CO Institution	$411.5K 5.7K shares
T TWO SIGMA SECURITIES, LLC Institution	$411.2K 5.7K shares
R Robertson Stephens Wealth Management, LLC Institution	$395.4K 5.4K shares

Options Activity

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

Call Positions: 1
Call Value: $483.3K
Put Positions: 1
Put Value: $487.1K

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$483.3K 63.0 contracts

Put Positions

Institution	Position Value
BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds	$487.1K 60.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Bear Mountain Capital, Inc. Fund of Funds	Joey Leslie Day CEO	8.15% $24.4M	319.3K shares	Q4 2023 Held for 2 years	$298.6M
Aspect Partners, LLC RIA/Wealth	Bard Daniel Malovany Owner	8.15% $17.8M	232.1K shares	Q4 2023 Held for 2 years	$218.5M
Shore Point Advisors, LLC RIA/Wealth	Jason C Lamb CEO	7.90% $17.8M	232.2K shares	Q4 2021 Held for 4 years	$225.7M
Financial Advisory Corp RIA/Wealth	Paul George Anthes President	6.75% $45.9M	597.7K shares	Q4 2024 Held for 1 year	$679.2M
SHAKESPEARE WEALTH MANAGEMENT, INC. RIA/Wealth	Kevin Michael Reardon CEO	5.06% $22.2M	289.4K shares	Q4 2017 Held for 8 years	$439.2M
Sound Stewardship, LLC RIA/Wealth	Jonathan David Harrison Member	4.74% $9.9M	128.8K shares	Q4 2022 Held for 3 years	$208.4M
L LTG Capital LLC RIA/Wealth	Ariel Felipe Acuna Owner	4.29% $5.4M	71.0K shares	Q4 2021 Held for 4 years	$127.1M
Global Alpha Capital Management Ltd. Long Only Manager	Stephen Edward Reynolds President	3.92% $68.6M	893.6K shares	Q3 2025 Held for 3 months	$1.7B
Omega Financial Group, LLC RIA/Wealth	Dylan Blu Minor CIO	3.60% $10.7M	139.4K shares	Q4 2018 Held for 7 years	$297.3M
D DORVAL Corp Institution	-	3.38% $10.2M	133.2K shares	Q4 2023 Held for 2 years	$302.1M

Hedge Fund Spotlight

Discover hedge funds investing in SCZ

GABLES CAPITAL MANAGEMENT INC.

Hedge Fund • Long/Short

Portfolio ManagerJudith Cohen Neiwirth

Portfolio Value: $233.4M
Positions: 457
Last Reported: Q3 2025

Sector Allocation

Position in iShares MSCI EAFE Small-Cap ETF

Market Value: $52.8K
Shares Held: 688.0
Portfolio Weight: 0.02%
Owned Since: 2024-Q2

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$20.6M	8.84%
2 Apple AAPL	Consumer Electronics Technology	$14.7M	6.30%
3 Palantir Technologies Inc. PLTR	Software - Infrastructure Technology	$13.4M	5.74%