Flow Traders U.S. Portfolio holdings
Flow Traders U.S. is the American arm of Flow Traders, a market maker founded in Amsterdam in 2004 that built its business on exchange-traded products. Flow Traders continuously quotes buy and sell prices for ETPs, options, fixed income products and currencies. Its New York office opened in 2009 and is the main hub for US trading in ETPs, fixed income and digital assets, with a Chicago office added in early 2023. In the U.S. it also makes markets in high yield corporate bonds, posting streaming prices on the MarketAxess trading platform.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Japan ETF
EWJ
|
+$111M |
| 2 |
iShares MSCI EAFE ETF
EFA
|
+$64.5M |
| 3 |
Vanguard FTSE Europe ETF
VGK
|
+$55.8M |
| 4 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$47.6M |
| 5 |
WisdomTree Emerging Markets High Dividend Fund
DEM
|
+$45.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$85.6M |
| 2 |
iShares MSCI Hong Kong ETF
EWH
|
+$19.5M |
| 3 |
iShares MSCI United Kingdom ETF
EWU
|
+$18.4M |
| 4 |
GSK
GSK
|
+$14.2M |
| 5 |
iShares MSCI Germany ETF
EWG
|
+$12.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 99.4% |
| 2 | Communication Services | 0.21% |
| 3 | Technology | 0.16% |
| 4 | Financials | 0.1% |
| 5 | Energy | 0.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Vanguard FTSE Emerging Markets ETF
VWO
$117B
| $118M | 13.28% |
2,870,630
+1,154,950
| +67% | +$47.6M |
2013 Q3
1 quarter
|
|
|
2
iShares MSCI Japan ETF
EWJ
$22.2B
| $114M | 12.85% |
2,353,755
+2,327,936
| +9,016% | +$111M |
2013 Q2
2 quarters
|
|
|
3
iShares MSCI EAFE ETF
EFA
$75.6B
| $66.2M | 7.44% |
+986,542
| New | +$64.5M |
2013 Q4
0 quarters
|
|
|
4
Vanguard FTSE Europe ETF
VGK
$29.8B
| $58.3M | 6.55% |
+991,077
| New | +$55.8M |
2013 Q4
0 quarters
|
|
5
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $55.4M | 6.23% |
81,352
+22,853
| +39% | +$18.2M |
2013 Q3
1 quarter
|
|
6
iShares MSCI South Korea ETF
EWY
$20.1B
| $50.5M | 5.68% |
780,881
+106,770
| +16% | +$6.77M |
2013 Q2
2 quarters
|
|
|
7
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.97B
| $44.5M | 5.01% |
+872,617
| New | +$45.4M |
2013 Q4
0 quarters
|
|
8
iShares Europe ETF
IEV
$1.56B
| $28.1M | 3.15% |
+591,167
| New | +$26.9M |
2013 Q4
0 quarters
|
|
9
iShares International Select Dividend ETF
IDV
$8.24B
| $24.7M | 2.78% |
+651,524
| New | +$24.3M |
2013 Q4
0 quarters
|
|
10
iShares Russell 2000 Growth ETF
IWO
$13.6B
| $24.3M | 2.73% |
+179,068
| New | +$23.2M |
2013 Q4
0 quarters
|
|
11
iShares China Large-Cap ETF
FXI
$4.01B
| $20.6M | 2.31% |
+536,353
| New | +$20.5M |
2013 Q4
0 quarters
|
|
12
Vanguard Total World Stock ETF
VT
$78.7B
| $19.8M | 2.23% |
334,067
+244,838
| +274% | +$14.1M |
2013 Q3
1 quarter
|
|
13
iShares MSCI Pacific ex Japan ETF
EPP
$2.23B
| $19.5M | 2.19% |
+416,858
| New | +$20.1M |
2013 Q4
0 quarters
|
|
14
iShares MSCI Brazil ETF
EWZ
$9.5B
| $17.7M | 1.99% |
+396,762
| New | +$18.8M |
2013 Q4
0 quarters
|
|
15
WisdomTree India Earnings Fund ETF
EPI
$1.89B
| $16.5M | 1.85% |
+943,508
| New | +$15.7M |
2013 Q4
0 quarters
|
|
16
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$25.5B
| $16.1M | 1.81% |
+66,018
| New | +$15.5M |
2013 Q4
0 quarters
|
|
17
iShares MSCI Mexico ETF
EWW
$1.61B
| $13.6M | 1.53% |
+200,603
| New | +$13.2M |
2013 Q4
0 quarters
|
|
18
iShares MSCI France ETF
EWQ
$352M
| $13.2M | 1.49% |
464,792
-168,412
| -27% | -$4.64M |
2013 Q3
1 quarter
|
|
19
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.48B
| $11.4M | 1.28% |
+188,510
| New | +$11.3M |
2013 Q4
0 quarters
|
|
20
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.11B
| $9M | 1.01% |
+213,192
| New | +$8.6M |
2013 Q4
0 quarters
|
|
|
ERUS
21
DELISTED
iShares MSCI Russia ETF
ERUS
| $7.89M | 0.89% |
+180,092
| New | +$7.88M |
2013 Q4
0 quarters
|
|
22
iShares MSCI BIC ETF
BKF
$66.8M
| $7.16M | 0.81% |
189,920
+107,017
| +129% | +$4.08M |
2013 Q3
1 quarter
|
|
23
iShares MSCI South Africa ETF
EZA
$476M
| $5.67M | 0.64% |
+87,890
| New | +$5.63M |
2013 Q4
0 quarters
|
|
|
JPP
24
DELISTED
SPDR RUSSELL/NOMURA PRIME JAPAN ETF
JPP
| $4.77M | 0.54% |
102,590
+66,436
| +184% | +$3.03M |
2013 Q2
2 quarters
|
|
25
iShares Russell 2000 Value ETF
IWN
$13.7B
| $4.62M | 0.52% |
+46,436
| New | +$4.44M |
2013 Q4
0 quarters
|
|
Similar funds
Flow Traders U.S.'s Q4 2013 Portfolio in Review
As of Q4 2013, Flow Traders U.S. held 365 positions worth $889M, up 41% from $632M the previous quarter. Its ten largest holdings account for 66% of the portfolio.
Flow Traders U.S. deployed $272M of net new capital in Q4 2013, opening 91 new positions and adding to 29 existing holdings. Its largest new stake was iShares MSCI EAFE ETF: 986,542 shares worth $66.2M.
By sector, the portfolio is most concentrated in Miscellaneous at 99% of assets, up from 79% a quarter earlier, followed by Communication Services and Technology.
On the sell side, the largest reduction was iShares MSCI EAFE Small-Cap ETF, an estimated $8.57M trimmed.
- Flow Traders U.S.'s largest Q4 2013 buy was iShares MSCI EAFE ETF: 986,542 shares worth $66.2M.
- Flow Traders U.S. added most to iShares MSCI Japan ETF in Q4 2013, an estimated $111M increase.
- Flow Traders U.S.'s biggest Q4 2013 reduction was iShares MSCI EAFE Small-Cap ETF, cutting an estimated $8.57M.
- Flow Traders U.S. fully exited iShares MSCI Emerging Markets ETF in Q4 2013, selling an estimated $85.6M.
- Flow Traders U.S.'s ten largest holdings make up 66% of its $889M portfolio in Q4 2013.
- Flow Traders U.S. opened 91 new positions and closed 166 in Q4 2013.
- Flow Traders U.S.'s portfolio value rose 41% quarter-over-quarter to $889M.
Based on Flow Traders U.S.'s 13F filing for Q4 2013, filed 14 Feb 2014.