Who owns iShares MSCI EAFE Min Vol Factor ETF (EFAV)
Which tracked institutional funds hold EFAV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See EFAV company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-20). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
39 tracked funds added or opened EFAV while 96 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
EFAV’s largest tracked holder by dollar value, FMR LLC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes EFAV more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in EFAV divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 503 tracked filers holding EFAV, 220 increased or opened the position and 257 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in EFAV between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 14
- Caisse de depot et placement du Quebec$11M
- TUDOR INVESTMENT CORP ET AL$6M
- NewEdge Advisors, LLC$5M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$3M
- Global Assets Advisory, LLC$2M
- JANE STREET GROUP, LLC$2M
Full exits 32
- Cambridge Investment Research Advisors, Inc.$40M
- Amundi$32M
- Penserra Capital Management LLC$18M
- Lester Murray Antman dba SimplyRich$17M
- Vestcor Inc$12M
- Ocean Park Asset Management, LLC$9M
Largest adds
- Kestra Advisory Services, LLC$14M
- RAYMOND JAMES FINANCIAL INC$7M
- MORGAN STANLEY$5M
- ProVise Management Group, LLC$3M
- ALLIANCEBERNSTEIN L.P.$2M
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC$2M
Largest trims
- FMR LLC$51M
- BANK OF AMERICA CORP /DE/$39M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$13M
- AMERIPRISE FINANCIAL INC$11M
- Wharton Business Group, LLC$10M
- Horizon Investments, LLC$6M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| FMR LLC trimmed | 7,315,650 | $642M | 20.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 3,650,415 | $320M | 10.1% | 2026-Q2 |
| BlackRock, Inc. added | 3,649,436 | $320M | 10.1% | 2026-Q2 |
| MORGAN STANLEY added | 2,634,646 | $231M | 7.3% | 2026-Q2 |
| Wharton Business Group, LLC trimmed | 1,671,587 | $147M | 4.6% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 1,099,071 | $96M | 3.0% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 1,036,742 | $91M | 2.9% | 2026-Q2 |
| LPL Financial LLC trimmed | 932,387 | $82M | 2.6% | 2026-Q2 |
| Financial Engines Advisors L.L.C. added | 779,547 | $68M | 2.1% | 2026-Q2 |
| SECURIAN ASSET MANAGEMENT, INC | 702,769 | $64M | 2.0% | 2026-Q2 |
| UBS Group AG trimmed | 683,106 | $60M | 1.9% | 2026-Q2 |
| SEI INVESTMENTS CO added | 679,207 | $60M | 1.9% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 650,611 | $57M | 1.8% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 636,096 | $56M | 1.8% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 575,586 | $50M | 1.6% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 487,681 | $43M | 1.3% | 2026-Q2 |
| ASSETMARK, INC added | 424,169 | $37M | 1.2% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 381,992 | $34M | 1.1% | 2026-Q2 |
| Summit Financial, LLC added | 376,075 | $33M | 1.0% | 2026-Q2 |
| Creative Planning trimmed | 373,286 | $33M | 1.0% | 2026-Q2 |
| Cetera Investment Advisers added | 363,824 | $32M | 1.0% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 320,615 | $29M | 0.9% | 2026-Q2 |
| Facet Wealth, Inc. added | 305,572 | $27M | 0.8% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 296,316 | $26M | 0.8% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 233,033 | $20M | 0.6% | 2026-Q2 |
| Armbruster Capital Management, Inc. added | 228,932 | $20M | 0.6% | 2026-Q2 |
| Geneos Wealth Management Inc. trimmed | 209,918 | $18M | 0.6% | 2026-Q2 |
| Brookstone Capital Management trimmed | 204,864 | $18M | 0.6% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 192,591 | $17M | 0.5% | 2026-Q2 |
| Portfolio Design Labs, LLC trimmed | 169,473 | $15M | 0.5% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 169,268 | $15M | 0.5% | 2026-Q2 |
| ProVise Management Group, LLC added | 159,820 | $14M | 0.4% | 2026-Q2 |
| Symmetry Partners, LLC added | 156,401 | $14M | 0.4% | 2026-Q2 |
| Ledyard National Bank added | 153,015 | $13M | 0.4% | 2026-Q2 |
| Merit Financial Group, LLC added | 148,952 | $13M | 0.4% | 2026-Q2 |
| ANDERSON HOAGLAND & CO trimmed | 147,790 | $13M | 0.4% | 2026-Q2 |
| Mariner, LLC trimmed | 138,907 | $12M | 0.4% | 2026-Q2 |
| Ascent Group, LLC trimmed | 124,996 | $11M | 0.3% | 2026-Q2 |
| Caisse de depot et placement du Quebec new | 122,535 | $11M | 0.3% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC trimmed | 119,482 | $10M | 0.3% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. trimmed | 114,028 | $10M | 0.3% | 2026-Q2 |
| Magnus Financial Group LLC added | 113,016 | $10M | 0.3% | 2026-Q2 |
| Baird Financial Group, Inc. added | 110,680 | $10M | 0.3% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 106,332 | $9M | 0.3% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 105,524 | $9M | 0.3% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 103,567 | $9M | 0.3% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 101,884 | $9M | 0.3% | 2026-Q2 |
| TRUSTMARK BANK TRUST DEPARTMENT added | 94,453 | $8M | 0.3% | 2026-Q2 |
| CHOREO, LLC trimmed | 91,946 | $8M | 0.3% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 86,391 | $8M | 0.2% | 2026-Q2 |
| Asset Management Group, Inc. added | 84,562 | $7M | 0.2% | 2026-Q2 |
| ALPHA CAPITAL ADVISORS INC /ADV trimmed | 84,324 | $7M | 0.2% | 2026-Q2 |
| CUTLER INVESTMENT COUNSEL LLC trimmed | 80,264 | $7M | 0.2% | 2026-Q2 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC added | 79,705 | $7M | 0.2% | 2026-Q2 |
| Mission Creek Capital Partners, Inc. added | 79,407 | $7M | 0.2% | 2026-Q2 |
| Well Done, LLC added | 75,883 | $7M | 0.2% | 2026-Q2 |
| Estate Counselors, LLC added | 74,006 | $6M | 0.2% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 68,756 | $6M | 0.2% | 2026-Q2 |
| FOUNDERS FINANCIAL SECURITIES LLC trimmed | 66,332 | $6M | 0.2% | 2026-Q2 |
| Horizon Investments, LLC trimmed | 65,785 | $6M | 0.2% | 2026-Q2 |
| Focus Partners Wealth trimmed | 64,025 | $6M | 0.2% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL added | 62,890 | $6M | 0.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 61,227 | $5M | 0.2% | 2026-Q2 |
| Compass Financial Group, Inc. (Ohio) added | 59,346 | $5M | 0.2% | 2026-Q2 |
| World Investment Advisors trimmed | 58,090 | $5M | 0.2% | 2026-Q2 |
| NewEdge Advisors, LLC trimmed | 57,970 | $5M | 0.2% | 2026-Q2 |
| ASPIRIANT, LLC trimmed | 55,558 | $5M | 0.2% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 54,766 | $5M | 0.2% | 2026-Q2 |
| TCV Trust & Wealth Management, Inc. trimmed | 54,659 | $5M | 0.2% | 2026-Q2 |
| RWA WEALTH PARTNERS, LLC added | 52,845 | $5M | 0.1% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 52,463 | $5M | 0.1% | 2026-Q2 |
| Apella Capital, LLC trimmed | 52,215 | $5M | 0.1% | 2026-Q2 |
| GLENMEDE TRUST CO NA trimmed | 51,547 | $5M | 0.1% | 2026-Q2 |
| Wealth Advisors of Iowa, LLC trimmed | 51,015 | $4M | 0.1% | 2026-Q2 |
| Strategic Blueprint, LLC trimmed | 50,230 | $4M | 0.1% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 49,331 | $4M | 0.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 45,669 | $4M | 0.1% | 2026-Q2 |
| Advisory Services Network, LLC added | 44,716 | $4M | 0.1% | 2026-Q2 |
| Savant Capital, LLC added | 43,633 | $4M | 0.1% | 2026-Q2 |
| Rehmann Capital Advisory Group added | 43,093 | $4M | 0.1% | 2026-Q2 |
| Samalin Investment Counsel, LLC added | 40,162 | $4M | 0.1% | 2026-Q2 |
| MAI Capital Management trimmed | 40,162 | $4M | 0.1% | 2026-Q2 |
| Mutual Advisors, LLC added | 40,079 | $4M | 0.1% | 2026-Q2 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed | 39,508 | $3M | 0.1% | 2026-Q2 |
| Corsicana & Co. trimmed | 37,774 | $3M | 0.1% | 2026-Q2 |
| Shore Point Advisors, LLC trimmed | 37,514 | $3M | 0.1% | 2026-Q2 |
| Transamerica Financial Advisors, LLC trimmed | 36,835 | $3M | 0.1% | 2026-Q2 |
| IMA Advisory Services, Inc. trimmed | 36,419 | $3M | 0.1% | 2026-Q2 |
| BridgePort Financial Solutions, LLC trimmed | 34,008 | $3M | 0.1% | 2026-Q2 |
| Rakuten Investment Management, Inc. trimmed | 33,220 | $3M | 0.1% | 2026-Q2 |
| Physician Wealth Advisors, Inc. trimmed | 32,819 | $3M | 0.1% | 2026-Q2 |
| VAUGHAN & Co SECURITIES, INC. added | 31,301 | $3M | 0.1% | 2026-Q2 |
| RHS Financial, LLC trimmed | 31,280 | $3M | 0.1% | 2026-Q2 |
| MorganRosel Wealth Management, LLC added | 30,830 | $3M | 0.1% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 30,707 | $3M | 0.1% | 2026-Q2 |
| UMB Bank, n.a. added | 30,384 | $3M | 0.1% | 2026-Q2 |
| Prism Advisors, Inc. added | 30,314 | $3M | 0.1% | 2026-Q2 |
| MGO ONE SEVEN LLC trimmed | 30,303 | $3M | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 29,374 | $3M | 0.1% | 2026-Q2 |
| Three Bearings Fiduciary Advisors, Inc. trimmed | 28,725 | $3M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.