iShares MSCI All Country Asia ex Japan ETF
AAXJ
130 hedge funds and large institutions have $1.03B invested in iShares MSCI All Country Asia ex Japan ETF in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 38 increasing their positions, 57 reducing their positions, and 30 closing their positions.
14% less funds holding
Funds holding: 152 → 130 (-22)
24% less capital invested
Capital invested by funds: $1.36B → $1.03B (-$326M)
33% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 57
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
73% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$52.6M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$18.2M |
| 3 |
BCM
Bluefin Capital Management
New York
|
+$15.8M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$11.5M |
| 5 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$6.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$98.2M |
| 2 |
HIM
Hermes Investment Management
London Uk,
United Kingdom
|
-$71.4M |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$59.7M |
| 4 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
-$26.5M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFW
151
Meristem Family Wealth
Minnetonka,
Minnesota
| – | -$209K | -3,459 | Closed |
|
152
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$203K | -3,374 | Closed |
|
|
B
153
Baird
Milwaukee,
Wisconsin
| – | -$201K | -3,331 | Closed |
|
|
V
154
Veritable
Wilmington,
Delaware
| – | -$163K | -2,702 | Closed |
|
|
GC
155
Guggenheim Capital
Chicago,
Illinois
| – | -$79K | -1,310 | Closed |
|
|
WA
156
WFG Advisors
Dallas,
Texas
| – | -$42K | -700 | Closed |
|
|
MCM
157
Manchester Capital Management
Manchester,
Vermont
| – | -$25K | -410 | Closed |
|
158
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$13K | -210 | Closed |
|
|
NES
159
New England Securities
New York
| – | -$3K | -43 | Closed |
|
|
GI
160
Gradient Investments
Arden Hills,
Minnesota
| – | -$2K | -28 | Closed |
|
AAXJ Hedge Fund Activity: Q1 2014 in Review
130 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI All Country Asia ex Japan ETF (AAXJ) for Q1 2014, worth a combined $1.03B — down 24% from $1.36B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of AAXJ and 8 opened new positions — a net loss of 22 holders — while 57 trimmed existing stakes and 38 added.
The largest buyer was Bank of America, adding an estimated $52.6M. The largest seller was JP Morgan Chase, cutting an estimated $98.2M.
- 130 institutional investors held iShares MSCI All Country Asia ex Japan ETF (AAXJ) as of Q1 2014, down from 152 in Q4 2013.
- Funds reported $1.03B of iShares MSCI All Country Asia ex Japan ETF stock for Q1 2014, down 24% quarter-over-quarter.
- 8 funds opened new iShares MSCI All Country Asia ex Japan ETF positions in Q1 2014 and 30 closed out, a net change of -22 holders.
- The largest iShares MSCI All Country Asia ex Japan ETF buyer in Q1 2014 was Bank of America, an estimated $52.6M added.
- The largest iShares MSCI All Country Asia ex Japan ETF seller in Q1 2014 was JP Morgan Chase, an estimated $98.2M sold.
Based on aggregated 13F filings for Q1 2014.