VanEck Brazil Small-Cap ETF
BRF
28 hedge funds and large institutions have $11.8M invested in VanEck Brazil Small-Cap ETF in 2017 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 7 closing their positions.
2.65% less ownership
Funds ownership: 13.5% → 10.85% (-2.7%)
3% less funds holding
Funds holding: 29 → 28 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
27% less capital invested
Capital invested by funds: $16.3M → $11.8M (-$4.42M)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $235K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
+$2.44M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.48M |
| 3 |
Jane Street
New York
|
+$403K |
| 4 |
CP
Camelot Portfolios
Maumee,
Ohio
|
+$270K |
| 5 |
Morgan Stanley
New York
|
+$18K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.75M |
| 2 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$1.68M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.16M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$712K |
| 5 |
GH
GAM Holding
Zurich,
Switzerland
|
-$270K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
CIBC Private Wealth Group
Atlanta,
Georgia
| $2K | +$2.4K | +100 | New |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $1K | -$12K | -499 | -89% |
|
|
CCMG
28
Clark Capital Management Group
Philadelphia,
Pennsylvania
| – | -$1.68M | -67,771 | Closed |
|
|
29
Citadel Advisors
Miami,
Florida
| – | -$712K | -28,786 | Closed |
|
|
OMC
30
Old Mission Capital
Chicago,
Illinois
| – | -$234K | -9,461 | Closed |
|
31
SG Americas Securities
New York
| – | -$151K | -6,111 | Closed |
|
32
Simplex Trading
Chicago,
Illinois
| – | -$6K | -277 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$7K | -272 | Closed |
|
34
US Bancorp
Minneapolis,
Minnesota
| – | -$5K | -198 | Closed |
|
BRF Hedge Fund Activity: Q4 2017 in Review
28 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in VanEck Brazil Small-Cap ETF (BRF) for Q4 2017, worth a combined $11.8M — down 27% from $16.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BRF and 6 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 3 added.
The largest buyer was BW Gestao de Investimentos, opening a new position worth an estimated $2.44M. The largest seller was Susquehanna International Group, cutting an estimated $3.75M.
- 28 institutional investors held VanEck Brazil Small-Cap ETF (BRF) as of Q4 2017, down from 29 in Q3 2017.
- Funds reported $11.8M of VanEck Brazil Small-Cap ETF stock for Q4 2017, down 27% quarter-over-quarter.
- 6 funds opened new VanEck Brazil Small-Cap ETF positions in Q4 2017 and 7 closed out, a net change of -1 holder.
- The largest VanEck Brazil Small-Cap ETF buyer in Q4 2017 was BW Gestao de Investimentos, an estimated $2.44M added.
- The largest VanEck Brazil Small-Cap ETF seller in Q4 2017 was Susquehanna International Group, an estimated $3.75M sold.
Based on aggregated 13F filings for Q4 2017.