iShares MSCI Russia ETF
ERUS
ERUS was delisted on the 3rd of March, 2022.
52 hedge funds and large institutions have $167M invested in iShares MSCI Russia ETF in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 7 reducing their positions, and 14 closing their positions.
186% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 7
18% more capital invested
Capital invested by funds: $142M → $167M (+$25M)
9% less funds holding
Funds holding: 57 → 52 (-5)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$16.2M |
| 2 |
BlackRock
New York
|
+$14.4M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$11.5M |
| 4 |
Citigroup
New York
|
+$4.08M |
| 5 |
Morgan Stanley
New York
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Glovista Investments
Jersey City,
New Jersey
|
-$26.6M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$6.03M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$3.2M |
| 4 |
MLIC
Mandatum Life Insurance Company
Helsinki,
Finland
|
-$1.75M |
| 5 |
BJ
BlackRock Japan
Tokyo,
Japan
|
-$1.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
51
IFP Advisors
Tampa,
Florida
| $1K | – | – | – |
|
|
GI
52
Glovista Investments
Jersey City,
New Jersey
| – | -$26.6M | -992,033 | Closed |
|
|
BCI
53
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$6.03M | -225,000 | Closed |
|
|
OMC
54
Old Mission Capital
Chicago,
Illinois
| – | -$3.2M | -119,547 | Closed |
|
|
MLIC
55
Mandatum Life Insurance Company
Helsinki,
Finland
| – | -$1.75M | -65,506 | Closed |
|
|
BJ
56
BlackRock Japan
Tokyo,
Japan
| – | -$1.71M | -63,717 | Closed |
|
57
Goldman Sachs
New York
| – | -$1.56M | -58,349 | Closed |
|
|
HWP
58
Hefty Wealth Partners
Auburn,
Indiana
| – | -$859K | -32,090 | Closed |
|
|
VF
59
Virtu Financial
New York
| – | -$367K | -13,691 | Closed |
|
60
Jane Street
New York
| – | -$189K | -7,065 | Closed |
|
|
IA
61
IndexIQ Advisors
New York
| – | -$28K | -1,059 | Closed |
|
|
CFA
62
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$25K | -945 | Closed |
|
|
BGIM
63
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$11K | -400 | Closed |
|
64
Creative Planning
Overland Park,
Kansas
| – | -$3K | -100 | Closed |
|
ERUS Hedge Fund Activity: Q3 2016 in Review
52 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Russia ETF (ERUS) for Q3 2016, worth a combined $167M — up 18% from $142M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of ERUS and 10 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 20 added.
The largest buyer was State of New Jersey Common Pension Fund D, adding an estimated $16.2M. The largest seller was Glovista Investments, exiting entirely with an estimated $26.6M sold.
- 52 institutional investors held iShares MSCI Russia ETF (ERUS) as of Q3 2016, down from 57 in Q2 2016.
- Funds reported $167M of iShares MSCI Russia ETF stock for Q3 2016, up 18% quarter-over-quarter.
- 10 funds opened new iShares MSCI Russia ETF positions in Q3 2016 and 14 closed out, a net change of -4 holders.
- The largest iShares MSCI Russia ETF buyer in Q3 2016 was State of New Jersey Common Pension Fund D, an estimated $16.2M added.
- The largest iShares MSCI Russia ETF seller in Q3 2016 was Glovista Investments, an estimated $26.6M sold.
Based on aggregated 13F filings for Q3 2016.