iShares MSCI Russia ETF
ERUS
ERUS was delisted on the 3rd of March, 2022.
38 hedge funds and large institutions have $123M invested in iShares MSCI Russia ETF in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 9 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
10% less funds holding
Funds holding: 42 → 38 (-4)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
34% less capital invested
Capital invested by funds: $187M → $123M (-$64M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$9.11M |
| 2 |
CC
Curian Capital
Denver,
Colorado
|
+$3.22M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$2.31M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$1.9M |
| 5 |
JG
Jefferies Group
New York
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Glovista Investments
Jersey City,
New Jersey
|
-$48.1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.93M |
| 3 |
Citigroup
New York
|
-$2.05M |
| 4 |
BKBG
BHF Kleinwort Benson Group
Brussels,
Belgium
|
-$1.16M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$1.13M |
ERUS Hedge Fund Activity: Q3 2014 in Review
38 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Russia ETF (ERUS) for Q3 2014, worth a combined $123M — down 34% from $187M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ERUS and 6 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 17 added.
The largest buyer was Prudential Financial, adding an estimated $9.11M. The largest seller was Glovista Investments, cutting an estimated $48.1M.
- 38 institutional investors held iShares MSCI Russia ETF (ERUS) as of Q3 2014, down from 42 in Q2 2014.
- Funds reported $123M of iShares MSCI Russia ETF stock for Q3 2014, down 34% quarter-over-quarter.
- 6 funds opened new iShares MSCI Russia ETF positions in Q3 2014 and 9 closed out, a net change of -3 holders.
- The largest iShares MSCI Russia ETF buyer in Q3 2014 was Prudential Financial, an estimated $9.11M added.
- The largest iShares MSCI Russia ETF seller in Q3 2014 was Glovista Investments, an estimated $48.1M sold.
Based on aggregated 13F filings for Q3 2014.