iShares MSCI Russia ETF
ERUS
ERUS was delisted on the 3rd of March, 2022.
50 hedge funds and large institutions have $128M invested in iShares MSCI Russia ETF in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 10 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
3% less capital invested
Capital invested by funds: $131M → $128M (-$3.52M)
6% less funds holding
Funds holding: 53 → 50 (-3)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$9.14M |
| 2 |
AGM
Alpine Global Management
New York
|
+$2.54M |
| 3 |
Jane Street
New York
|
+$2.45M |
| 4 |
BJ
BlackRock Japan
Tokyo,
Japan
|
+$1.52M |
| 5 |
Morgan Stanley
New York
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Agricole
Montrouge Cedex,
France
|
-$6.76M |
| 2 |
Citigroup
New York
|
-$4.19M |
| 3 |
OL
Orbitronix LP
Newport Beach,
California
|
-$2.96M |
| 4 |
JP Morgan Chase
New York
|
-$833K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$557K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OL
51
Orbitronix LP
Newport Beach,
California
| – | -$2.96M | -101,200 | Closed |
|
|
52
BNP Paribas Financial Markets
Paris,
France
| – | -$557K | -25,000 | Closed |
|
|
FTUS
53
Flow Traders U.S.
New York
| – | -$291K | -13,082 | Closed |
|
|
CC
54
Curian Capital
Denver,
Colorado
| – | -$256K | -11,514 | Closed |
|
|
TYCC
55
Texas Yale Capital Corp
St. Petersburg,
Florida
| – | -$236K | -10,613 | Closed |
|
|
IA
56
IndexIQ Advisors
New York
| – | -$5K | -241 | Closed |
|
ERUS Hedge Fund Activity: Q1 2016 in Review
50 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Russia ETF (ERUS) for Q1 2016, worth a combined $128M — down 2.7% from $131M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ERUS and 8 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 16 added.
The largest buyer was Old Mission Capital, adding an estimated $9.14M. The largest seller was Credit Agricole, exiting entirely with an estimated $6.76M sold.
- 50 institutional investors held iShares MSCI Russia ETF (ERUS) as of Q1 2016, down from 53 in Q4 2015.
- Funds reported $128M of iShares MSCI Russia ETF stock for Q1 2016, down 2.7% quarter-over-quarter.
- 8 funds opened new iShares MSCI Russia ETF positions in Q1 2016 and 10 closed out, a net change of -2 holders.
- The largest iShares MSCI Russia ETF buyer in Q1 2016 was Old Mission Capital, an estimated $9.14M added.
- The largest iShares MSCI Russia ETF seller in Q1 2016 was Credit Agricole, an estimated $6.76M sold.
Based on aggregated 13F filings for Q1 2016.