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ERUS

iShares MSCI Russia ETF

Delisted

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.

New
Increased
Maintained
Reduced
Closed

89% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 9

13% more funds holding

Funds holding: 6371 (+8)

11% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 18

14% less capital invested

Capital invested by funds: $365M → $313M (-$52.1M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
71
Holders Change
+8
Holders Change %
+12.7%
% of All Funds
1.4%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
17
Increased
20
Reduced
18
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$91.9M -$92.7M -2,235,901 -51%
State of New Jersey Common Pension Fund D
2
State of New Jersey Common Pension Fund D
New Jersey
$50.1M
Morgan Stanley
3
Morgan Stanley
New York
$28.9M +$8.82M +212,595 +46%
JP Morgan Chase
4
JP Morgan Chase
New York
$26.9M +$1.04M +25,094 +4%
Franklin Resources
5
Franklin Resources
California
$12.5M +$6.14M +148,188 +102%
BCI
6
Brinker Capital Investments
Pennsylvania
$10.8M
Bank of New York Mellon
7
Bank of New York Mellon
New York
$9.77M -$764K -18,427 -7%
Grantham, Mayo, Van Otterloo & Co (GMO)
8
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$6.69M +$6.5M +156,800 New
Qube Research & Technologies (QRT)
9
Qube Research & Technologies (QRT)
United Kingdom
$6.04M +$5.87M +141,546 New
Bank of America
10
Bank of America
North Carolina
$4.64M -$3.13M -75,432 -41%
UBS Group
11
UBS Group
Switzerland
$4.57M -$1.28M -30,773 -22%
OMC
12
Old Mission Capital
Illinois
$4.38M +$1.94M +46,743 +83%
BPC
13
Banque Pictet & Cie
Switzerland
$4.05M
Manulife (Manufacturers Life Insurance)
14
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.9M
Mirae Asset Global Investments
15
Mirae Asset Global Investments
South Korea
$3.62M +$111K +2,680 +3%
X
16
Xponance
Pennsylvania
$3.5M -$2.18M -52,580 -39%
Sumitomo Mitsui Trust Group
17
Sumitomo Mitsui Trust Group
Japan
$3.05M -$290K -7,000 -9%
Comerica Bank
18
Comerica Bank
Texas
$3.02M -$299K -7,199 -9%
Renaissance Technologies
19
Renaissance Technologies
New York
$2.65M +$369K +8,900 +17%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$2.56M +$45.6K +1,100 +2%
NC
21
NewSquare Capital
Pennsylvania
$2.52M +$36.3K +875 +2%
Prudential Financial
22
Prudential Financial
New Jersey
$2.43M -$41.5K -1,000 -2%
Vanguard Group
23
Vanguard Group
Pennsylvania
$2.3M
ACA
24
Atlas Capital Advisors
Wyoming
$2.2M -$266K -6,407 -11%
Wells Fargo
25
Wells Fargo
California
$1.98M +$217K +5,241 +13%

ERUS Hedge Fund Activity: Q4 2019 in Review

71 of the 5,076 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.