We are live on ! Find out more
EFA icon

iShares MSCI EAFE ETF
EFA

914 hedge funds and large institutions have $38.4B invested in iShares MSCI EAFE ETF in 2013 Q4 according to their latest regulatory filings, with 127 funds opening new positions, 404 increasing their positions, 291 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

323% more first-time investments, than exits

New positions opened: 127 | Existing positions closed: 30

39% more repeat investments, than reductions

Existing positions increased: 404 | Existing positions reduced: 291

19% more capital invested

Capital invested by funds: $32.3B → $38.4B (+$6.05B)

15% more funds holding in top 10

Funds holding in top 10: 190 → 218 (+28)

10% more funds holding

Funds holding: 829 → 914 (+85)

1.34% more ownership

Funds ownership: 70.57% → 71.91% (+1.3%)

54% less call options, than puts

Call options by funds: $2.8B | Put options by funds: $6.05B

Holders
914
Holders Change
+85
Holders Change %
+10.25%
% of All Funds
26.52%
Holding in Top 10
218
Holding in Top 10 Change
+28
Holding in Top 10 Change %
+14.74%
% of All Funds
6.33%
New
127
Increased
404
Reduced
291
Closed
30
Calls
$2.8B
Puts
$6.05B
Net Calls
-$3.25B
Net Calls Change
-$840M

Top Buyers

Rank Fund Capital Flow
1
JP Morgan Chase
JP Morgan Chase
New York
+$802M
2
Goldman Sachs
Goldman Sachs
New York
+$601M
3
U
UBS
Switzerland
+$585M
4
State of New Jersey Common Pension Fund D
State of New Jersey Common Pension Fund D
New Jersey
+$417M
5
Northern Trust
Northern Trust
Illinois
+$298M

Top Sellers

Rank Fund Capital Flow
1
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
-$558M
2
BFA
BlackRock Fund Advisors
California
-$371M
3
SMM
Stadion Money Management
Georgia
-$308M
4
MSA
Mason Street Advisors
Wisconsin
-$150M
5
CS
Credit Suisse
Switzerland
-$81.6M
Name Holding Trade Value Shares
Change 		Change in
Stake
RJA
26
Raymond James & Associates
Florida
$282M +$17.8M +272,385 +7%
Envestnet Asset Management
27
Envestnet Asset Management
Illinois
$278M +$18.3M +280,312 +7%
SCM
28
SCS Capital Management
Massachusetts
$277M +$75.9M +1,161,317 +39%
TAIM
29
TD Ameritrade Investment Management
Nebraska
$275M +$24.4M +373,475 +10%
CSIA
30
Charles Schwab Investment Advisory
California
$271M +$8.81M +134,870 +3%
Bank of Montreal
31
Bank of Montreal
Ontario, Canada
$264M +$28.9M +442,849 +13%
TCT
32
TIAA CREF Trust
Missouri
$260M +$24.6M +377,010 +11%
KeyBank National Association
33
KeyBank National Association
Ohio
$238M +$55.9M +855,196 +32%
Fisher Asset Management
34
Fisher Asset Management
Washington
$215M +$207M +3,172,576 +12,156%
AllianceBernstein
35
AllianceBernstein
Tennessee
$199M +$75.3M +1,152,054 +64%
SCM
36
Sterling Capital Management
North Carolina
$197M +$192M +2,937,751 New
M&T Bank
37
M&T Bank
New York
$190M +$105M +1,606,333 +131%
SB
38
Suntrust Banks
Georgia
$177M +$21M +321,670 +14%
TCIM
39
TIAA CREF Investment Management
New York
$155M +$54.1M +827,704 +56%
RIG
40
RiverFront Investment Group
Virginia
$151M +$7.02M +107,379 +5%
Fifth Third Bancorp
41
Fifth Third Bancorp
Ohio
$148M +$12.7M +194,730 +10%
SAS
42
Sage Advisory Services
Texas
$145M +$1.69M +25,805 +1%
Canada Pension Plan Investment Board
43
Canada Pension Plan Investment Board
Ontario, Canada
$141M +$137M +2,100,000 New
CIBC Asset Management
44
CIBC Asset Management
Ontario, Canada
$141M +$942K +14,425 +0.7%
BIT
45
BlackRock Institutional Trust
California
$139M -$1.66M -25,448 -1%
DCM
46
Dupont Capital Management
Delaware
$139M +$52.5M +803,682 +64%
BTS
47
BB&T Securities
Virginia
$137M +$1.16M +17,786 +10%
HSBC Holdings
48
HSBC Holdings
United Kingdom
$136M +$99.6M +1,524,273 +300%
WT
49
Wilmington Trust
Delaware
$133M +$4.84M +74,145 +4%
JRP
50
Jasper Ridge Partners
California
$128M -$6.83M -104,616 -5%
1
2
3 4 5

EFA Hedge Fund Activity: Q4 2013 in Review

914 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI EAFE ETF (EFA) for Q4 2013, worth a combined $38.4B — up 19% from $32.3B a quarter earlier.

Buyers outnumbered sellers: 127 funds opened new EFA positions and 30 closed out — a net gain of 97 holders — while 404 added to existing stakes and 291 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $802M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $558M.

  • 914 institutional investors held iShares MSCI EAFE ETF (EFA) as of Q4 2013, up from 829 in Q3 2013.
  • Funds reported $38.4B of iShares MSCI EAFE ETF stock for Q4 2013, up 19% quarter-over-quarter.
  • 127 funds opened new iShares MSCI EAFE ETF positions in Q4 2013 and 30 closed out, a net change of +97 holders.
  • The largest iShares MSCI EAFE ETF buyer in Q4 2013 was JP Morgan Chase, an estimated $802M added.
  • The largest iShares MSCI EAFE ETF seller in Q4 2013 was BNP Paribas Financial Markets, an estimated $558M sold.

Based on aggregated 13F filings for Q4 2013.