iShares MSCI China Small-Cap ETF
ECNS
13 hedge funds and large institutions have $4.5M invested in iShares MSCI China Small-Cap ETF in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 6 closing their positions.
19% less funds holding
Funds holding: 16 → 13 (-3)
22.46% less ownership
Funds ownership: 40.59% → 18.13% (-22%)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
77% less capital invested
Capital invested by funds: $20M → $4.5M (-$15.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.31M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$313K |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$67.5K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.36K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$227 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$4.44M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.83M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$3.63M |
| 4 |
Jane Street
New York
|
-$1.18M |
| 5 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
-$949K |
ECNS Hedge Fund Activity: Q3 2015 in Review
13 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI China Small-Cap ETF (ECNS) for Q3 2015, worth a combined $4.5M — down 77% from $20M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ECNS and 3 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.31M. The largest seller was Niemann Capital Management, exiting entirely with an estimated $4.44M sold.
- 13 institutional investors held iShares MSCI China Small-Cap ETF (ECNS) as of Q3 2015, down from 16 in Q2 2015.
- Funds reported $4.5M of iShares MSCI China Small-Cap ETF stock for Q3 2015, down 77% quarter-over-quarter.
- 3 funds opened new iShares MSCI China Small-Cap ETF positions in Q3 2015 and 6 closed out, a net change of -3 holders.
- The largest iShares MSCI China Small-Cap ETF buyer in Q3 2015 was Royal Bank of Canada, an estimated $1.31M added.
- The largest iShares MSCI China Small-Cap ETF seller in Q3 2015 was Niemann Capital Management, an estimated $4.44M sold.
Based on aggregated 13F filings for Q3 2015.