iShares MSCI Russia ETF
ERUS
ERUS was delisted on the 3rd of March, 2022.
76 hedge funds and large institutions have $382M invested in iShares MSCI Russia ETF in 2019 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 15 increasing their positions, 24 reducing their positions, and 10 closing their positions.
100% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 10
19% more capital invested
Capital invested by funds: $321M → $382M (+$60.8M)
12% more funds holding
Funds holding: 68 → 76 (+8)
38% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$32.5M |
| 2 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
+$4.47M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$4.31M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.65M |
| 5 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$2.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$14.5M |
| 2 |
Millennium Management
New York
|
-$12.4M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$5.7M |
| 4 |
Morgan Stanley
New York
|
-$3.35M |
| 5 |
X
Xponance
Philadelphia,
Pennsylvania
|
-$2.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WIM
76
Westside Investment Management
Santa Monica,
California
| $50 | +$47.3K | +1,290 | New |
|
|
77
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$5.7M | -165,301 | Closed |
|
|
EF
78
Empirical Finance
Havertown,
Pennsylvania
| – | -$1.62M | -47,039 | Closed |
|
|
CCA
79
Checchi Capital Advisers
Beverly Hills,
California
| – | -$499K | -14,470 | Closed |
|
|
SCM
80
Somerset Capital Management
London,
United Kingdom
| – | -$354K | -10,332 | Closed |
|
|
CLOS
81
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$254K | -7,365 | Closed |
|
82
Verition Fund Management
Greenwich,
Connecticut
| – | -$229K | -6,626 | Closed |
|
|
BCM
83
Bluefin Capital Management
New York
| – | -$221K | -6,405 | Closed |
|
|
GWM
84
Greenwich Wealth Management
Greenwich,
Connecticut
| – | -$209K | -6,065 | Closed |
|
|
QAM
85
QCI Asset Management
Pittsford,
New York
| – | -$35K | -1,003 | Closed |
|
86
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -64 | Closed |
|
ERUS Hedge Fund Activity: Q2 2019 in Review
76 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Russia ETF (ERUS) for Q2 2019, worth a combined $382M — up 19% from $321M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new ERUS positions and 10 closed out — a net gain of 10 holders — while 15 added to existing stakes and 24 trimmed.
The largest buyer was BlackRock, adding an estimated $32.5M. The largest seller was JP Morgan Chase, cutting an estimated $14.5M.
- 76 institutional investors held iShares MSCI Russia ETF (ERUS) as of Q2 2019, up from 68 in Q1 2019.
- Funds reported $382M of iShares MSCI Russia ETF stock for Q2 2019, up 19% quarter-over-quarter.
- 20 funds opened new iShares MSCI Russia ETF positions in Q2 2019 and 10 closed out, a net change of +10 holders.
- The largest iShares MSCI Russia ETF buyer in Q2 2019 was BlackRock, an estimated $32.5M added.
- The largest iShares MSCI Russia ETF seller in Q2 2019 was JP Morgan Chase, an estimated $14.5M sold.
Based on aggregated 13F filings for Q2 2019.