iShares MSCI Russia ETF
ERUS
ERUS was delisted on the 3rd of March, 2022.
63 hedge funds and large institutions have $365M invested in iShares MSCI Russia ETF in 2019 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 23 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
4% less capital invested
Capital invested by funds: $382M → $365M (-$16.8M)
17% less funds holding
Funds holding: 76 → 63 (-13)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
52% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$15.6M |
| 2 |
LPL Financial
San Diego,
California
|
+$7.1M |
| 3 |
Morgan Stanley
New York
|
+$3.08M |
| 4 |
Jane Street
New York
|
+$2.55M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWE
Avidian Wealth Enterprises
Houston,
Texas
|
-$16.1M |
| 2 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$4.92M |
| 3 |
GI
Glovista Investments
Jersey City,
New Jersey
|
-$4.24M |
| 4 |
JP Morgan Chase
New York
|
-$3.98M |
| 5 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$2.91M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
76
Credit Suisse
Zurich,
Switzerland
| – | -$348K | -8,844 | Closed |
|
77
CIBC World Market
Toronto,
Ontario, Canada
| – | -$254K | -6,452 | Closed |
|
|
SWP
78
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$225K | -5,722 | Closed |
|
|
RJA
79
Raymond James & Associates
St Petersburg,
Florida
| – | -$202K | -5,119 | Closed |
|
|
NAM
80
NorthCoast Asset Management
Greenwich,
Connecticut
| – | -$201K | -5,107 | Closed |
|
|
PA
81
Parallel Advisors
San Francisco,
California
| – | -$131K | -3,330 | Closed |
|
|
EMG
82
ETF Managers Group
Summit,
New Jersey
| – | -$29K | -732 | Closed |
|
|
RCAG
83
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$6.73K | -171 | Closed |
|
|
CFGS
84
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$3.52K | -91 | Closed |
|
85
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -49 | Closed |
|
86
Fidelity Investments
Boston,
Massachusetts
| – | -$1K | -22 | Closed |
|
ERUS Hedge Fund Activity: Q3 2019 in Review
63 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Russia ETF (ERUS) for Q3 2019, worth a combined $365M — down 4.4% from $382M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of ERUS and 11 opened new positions — a net loss of 12 holders — while 17 trimmed existing stakes and 17 added.
The largest buyer was BlackRock, adding an estimated $15.6M. The largest seller was Avidian Wealth Enterprises, exiting entirely with an estimated $16.1M sold.
- 63 institutional investors held iShares MSCI Russia ETF (ERUS) as of Q3 2019, down from 76 in Q2 2019.
- Funds reported $365M of iShares MSCI Russia ETF stock for Q3 2019, down 4.4% quarter-over-quarter.
- 11 funds opened new iShares MSCI Russia ETF positions in Q3 2019 and 23 closed out, a net change of -12 holders.
- The largest iShares MSCI Russia ETF buyer in Q3 2019 was BlackRock, an estimated $15.6M added.
- The largest iShares MSCI Russia ETF seller in Q3 2019 was Avidian Wealth Enterprises, an estimated $16.1M sold.
Based on aggregated 13F filings for Q3 2019.