iShares MSCI China Small-Cap ETF
ECNS
11 hedge funds and large institutions have $13.7M invested in iShares MSCI China Small-Cap ETF in 2013 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 3 closing their positions.
1.77% more ownership
Funds ownership: 53.94% → 55.71% (+1.8%)
16% less capital invested
Capital invested by funds: $16.3M → $13.7M (-$2.61M)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
27% less funds holding
Funds holding: 15 → 11 (-4)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$753K |
| 2 |
AG
Ashmore Group
London,
United Kingdom
|
+$588K |
| 3 |
DWM
Destination Wealth Management
Walnut Creek,
California
|
+$272K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.19K |
| 5 |
Citigroup
New York
|
+$419 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$380K |
| 3 |
WA
WESPAC Advisors
Orinda,
California
|
-$211K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$91K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$28.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DWM
1
Destination Wealth Management
Walnut Creek,
California
| $6.2M | +$272K | +6,496 | +4% |
|
|
2
Franklin Resources
San Mateo,
California
| $3.22M | +$753K | +18,000 | +32% |
|
|
AG
3
Ashmore Group
London,
United Kingdom
| $1.27M | +$588K | +14,059 | +92% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $898K | +$4.19K | +100 | +0.5% |
|
|
JGUA
5
John G. Ullman & Associates
Corning,
New York
| $840K | -$12.6K | -300 | -2% |
|
6
Morgan Stanley
New York
| $690K | -$9.59K | -229 | -1% |
|
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $391K | -$380K | -9,080 | -50% |
|
|
8
Bank of America
Charlotte,
North Carolina
| $120K | -$91K | -2,173 | -44% |
|
9
Wells Fargo
San Francisco,
California
| $32K | -$7.95K | -190 | -20% |
|
|
10
Citigroup
New York
| $27K | +$419 | +10 | +2% |
|
|
U
11
UBS
Zurich,
Switzerland
| $22K | -$28.5K | -681 | -57% |
|
|
12
Jane Street
New York
| – | -$1.2M | -29,928 | Closed |
|
|
WA
13
WESPAC Advisors
Orinda,
California
| – | -$211K | -6,024 | Closed |
|
|
TRCT
14
Tower Research Capital (TRC)
New York
| – | -$7K | -174 | Closed |
|
ECNS Hedge Fund Activity: Q3 2013 in Review
11 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI China Small-Cap ETF (ECNS) for Q3 2013, worth a combined $13.7M — down 16% from $16.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ECNS and 0 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was Franklin Resources, adding an estimated $753K. The largest seller was Jane Street, exiting entirely with an estimated $1.2M sold.
- 11 institutional investors held iShares MSCI China Small-Cap ETF (ECNS) as of Q3 2013, down from 15 in Q2 2013.
- Funds reported $13.7M of iShares MSCI China Small-Cap ETF stock for Q3 2013, down 16% quarter-over-quarter.
- 0 funds opened new iShares MSCI China Small-Cap ETF positions in Q3 2013 and 3 closed out, a net change of -3 holders.
- The largest iShares MSCI China Small-Cap ETF buyer in Q3 2013 was Franklin Resources, an estimated $753K added.
- The largest iShares MSCI China Small-Cap ETF seller in Q3 2013 was Jane Street, an estimated $1.2M sold.
Based on aggregated 13F filings for Q3 2013.