iShares MSCI Russia ETF
ERUS
ERUS was delisted on the 3rd of March, 2022.
71 hedge funds and large institutions have $313M invested in iShares MSCI Russia ETF in 2019 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
13% more funds holding
Funds holding: 63 → 71 (+8)
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
4.55% less ownership
Funds ownership: 55.45% → 50.9% (-4.6%)
14% less capital invested
Capital invested by funds: $365M → $313M (-$52.1M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.82M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$6.5M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$6.14M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$5.87M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$92.7M |
| 2 |
LPL Financial
San Diego,
California
|
-$7.04M |
| 3 |
Jane Street
New York
|
-$4.14M |
| 4 |
GH
GAM Holding
Zurich,
Switzerland
|
-$3.54M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$3.13M |
ERUS Hedge Fund Activity: Q4 2019 in Review
71 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Russia ETF (ERUS) for Q4 2019, worth a combined $313M — down 14% from $365M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ERUS positions and 9 closed out — a net gain of 8 holders — while 20 added to existing stakes and 18 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.82M. The largest seller was BlackRock, cutting an estimated $92.7M.
- 71 institutional investors held iShares MSCI Russia ETF (ERUS) as of Q4 2019, up from 63 in Q3 2019.
- Funds reported $313M of iShares MSCI Russia ETF stock for Q4 2019, down 14% quarter-over-quarter.
- 17 funds opened new iShares MSCI Russia ETF positions in Q4 2019 and 9 closed out, a net change of +8 holders.
- The largest iShares MSCI Russia ETF buyer in Q4 2019 was Morgan Stanley, an estimated $8.82M added.
- The largest iShares MSCI Russia ETF seller in Q4 2019 was BlackRock, an estimated $92.7M sold.
Based on aggregated 13F filings for Q4 2019.