iShares MSCI ACWI ex US ETF
ACWX
178 hedge funds and large institutions have $1.26B invested in iShares MSCI ACWI ex US ETF in 2017 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 56 increasing their positions, 51 reducing their positions, and 31 closing their positions.
13% more funds holding in top 10
Funds holding in top 10: 16 → 18 (+2)
10% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 51
4% less funds holding
Funds holding: 186 → 178 (-8)
13% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 31
13.1% less ownership
Funds ownership: 64.69% → 51.59% (-13%)
14% less capital invested
Capital invested by funds: $1.45B → $1.26B (-$199M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$67.7M |
| 2 |
MSWM
Mader & Shannon Wealth Management
Kansas City,
Missouri
|
+$15.3M |
| 3 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
+$12.2M |
| 4 |
FTIOP
Fiduciary Trust International of Pennsylvania
Radnor,
Pennsylvania
|
+$12M |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$132M |
| 2 |
SCCM
Schafer Cullen Capital Management
New York
|
-$89.4M |
| 3 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$79.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$20.7M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$11.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$333K | -8,266 | Closed |
|
202
Neuberger Berman Group
New York
| – | -$329K | -8,163 | Closed |
|
|
SE
203
Summit Equities
Parsippany,
New Jersey
| – | -$320K | -7,945 | Closed |
|
|
QCMC
204
Quantum Capital Management (California)
San Francisco,
California
| – | -$305K | -7,573 | Closed |
|
|
RSA
205
Robertson Stephens Advisors
San Francisco,
California
| – | -$263K | -6,520 | Closed |
|
|
BCM
206
BTC Capital Management
Des Moines,
Iowa
| – | -$251K | -6,245 | Closed |
|
|
VCAM
207
Van Cleef Asset Management
Beachwood,
Ohio
| – | -$209K | -5,180 | Closed |
|
|
EWM
208
Evercore Wealth Management
New York
| – | +$212 | +5 | New |
|
ACWX Hedge Fund Activity: Q1 2017 in Review
178 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI ACWI ex US ETF (ACWX) for Q1 2017, worth a combined $1.26B — down 14% from $1.45B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of ACWX and 27 opened new positions — a net loss of 4 holders — while 51 trimmed existing stakes and 56 added.
The largest buyer was BlackRock, adding an estimated $67.7M. The largest seller was Bank of America, cutting an estimated $132M.
- 178 institutional investors held iShares MSCI ACWI ex US ETF (ACWX) as of Q1 2017, down from 186 in Q4 2016.
- Funds reported $1.26B of iShares MSCI ACWI ex US ETF stock for Q1 2017, down 14% quarter-over-quarter.
- 27 funds opened new iShares MSCI ACWI ex US ETF positions in Q1 2017 and 31 closed out, a net change of -4 holders.
- The largest iShares MSCI ACWI ex US ETF buyer in Q1 2017 was BlackRock, an estimated $67.7M added.
- The largest iShares MSCI ACWI ex US ETF seller in Q1 2017 was Bank of America, an estimated $132M sold.
Based on aggregated 13F filings for Q1 2017.