iShares MSCI Russia ETF
ERUS
ERUS was delisted on the 3rd of March, 2022.
46 hedge funds and large institutions have $108M invested in iShares MSCI Russia ETF in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 13 closing their positions.
6% less capital invested
Capital invested by funds: $115M → $108M (-$6.88M)
10% less funds holding
Funds holding: 51 → 46 (-5)
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$27.5M |
| 2 |
Citigroup
New York
|
+$3.72M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.48M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$865K |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$536K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$7.56M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$6.62M |
| 3 |
Jane Street
New York
|
-$5.2M |
| 4 |
BCM
Bluefin Capital Management
New York
|
-$2.67M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$920K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AGM
51
Alpine Global Management
New York
| – | -$277K | -9,803 | Closed |
|
|
OMC
52
Old Mission Capital
Chicago,
Illinois
| – | -$259K | -9,166 | Closed |
|
53
SG Americas Securities
New York
| – | -$119K | -4,219 | Closed |
|
54
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$59K | -2,104 | Closed |
|
|
GFM
55
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$25K | -900 | Closed |
|
|
H
56
Hexavest
Montreal,
Quebec, Canada
| – | -$19K | -670 | Closed |
|
57
AssetMark Inc
Concord,
California
| – | +$102 | +4 | New |
|
|
IA
58
IndexIQ Advisors
New York
| – | +$102 | +4 | New |
|
ERUS Hedge Fund Activity: Q3 2015 in Review
46 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Russia ETF (ERUS) for Q3 2015, worth a combined $108M — down 6% from $115M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ERUS and 8 opened new positions — a net loss of 5 holders — while 12 trimmed existing stakes and 9 added.
The largest buyer was Glovista Investments, adding an estimated $27.5M. The largest seller was Goldman Sachs, cutting an estimated $7.56M.
- 46 institutional investors held iShares MSCI Russia ETF (ERUS) as of Q3 2015, down from 51 in Q2 2015.
- Funds reported $108M of iShares MSCI Russia ETF stock for Q3 2015, down 6% quarter-over-quarter.
- 8 funds opened new iShares MSCI Russia ETF positions in Q3 2015 and 13 closed out, a net change of -5 holders.
- The largest iShares MSCI Russia ETF buyer in Q3 2015 was Glovista Investments, an estimated $27.5M added.
- The largest iShares MSCI Russia ETF seller in Q3 2015 was Goldman Sachs, an estimated $7.56M sold.
Based on aggregated 13F filings for Q3 2015.