iShares MSCI Russia ETF
ERUS
ERUS was delisted on the 3rd of March, 2022.
68 hedge funds and large institutions have $321M invested in iShares MSCI Russia ETF in 2019 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 14 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 15
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
29% more call options, than puts
Call options by funds: $355K | Put options by funds: $276K
12% more capital invested
Capital invested by funds: $288M → $321M (+$33.2M)
8% more funds holding
Funds holding: 63 → 68 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$26.3M |
| 2 |
BlackRock
New York
|
+$18.4M |
| 3 |
AWE
Avidian Wealth Enterprises
Houston,
Texas
|
+$13.6M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$5.64M |
| 5 |
Morgan Stanley
New York
|
+$5.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
-$43.6M |
| 2 |
BL
BCWM LLC
Overland Park,
Kansas
|
-$12.9M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.47M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$4.48M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$3.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
76
Blueshift Asset Management
Red Bank,
New Jersey
| – | -$660K | -21,420 | Closed |
|
|
IA
77
IFP Advisors
Tampa,
Florida
| – | -$46K | -1,500 | Closed |
|
|
TRCT
78
Tower Research Capital (TRC)
New York
| – | -$10K | -323 | Closed |
|
79
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$6K | -200 | Closed |
|
80
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -94 | Closed |
|
|
CA
81
Claro Advisors
Boston,
Massachusetts
| – | -$2K | -54 | Closed |
|
ERUS Hedge Fund Activity: Q1 2019 in Review
68 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Russia ETF (ERUS) for Q1 2019, worth a combined $321M — up 12% from $288M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new ERUS positions and 14 closed out — a net gain of 6 holders — while 22 added to existing stakes and 15 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $26.3M. The largest seller was Prudential plc, exiting entirely with an estimated $43.6M sold.
- 68 institutional investors held iShares MSCI Russia ETF (ERUS) as of Q1 2019, up from 63 in Q4 2018.
- Funds reported $321M of iShares MSCI Russia ETF stock for Q1 2019, up 12% quarter-over-quarter.
- 20 funds opened new iShares MSCI Russia ETF positions in Q1 2019 and 14 closed out, a net change of +6 holders.
- The largest iShares MSCI Russia ETF buyer in Q1 2019 was JP Morgan Chase, an estimated $26.3M added.
- The largest iShares MSCI Russia ETF seller in Q1 2019 was Prudential plc, an estimated $43.6M sold.
Based on aggregated 13F filings for Q1 2019.