In Q3 2025, major investors increased bets on international developed stocks via EFA and EFG ETFs, with notable buys by Common Fund and Ausdal Financial Partners.

In the third quarter of 2025, multiple institutional investors adjusted their positions in iShares MSCI EAFE ETF (EFA) and its growth counterpart, EFG. Common Fund increased its EFA stake by 21.6%, while Ausdal Financial Partners boosted its holding by 869.6%, signaling strong interest in international developed market equities. Calydon Capital exited its entire EFG position, and Foundations Investment Advisors LLC raised its EFG holdings significantly. EFA, tracking developed markets in Europe, Australasia, and the Far East, had a market cap of $71.07 billion and a P/E ratio of 16.48 at quarter-end.