iShares MSCI Europe Financials ETF
EUFN
117 hedge funds and large institutions have $605M invested in iShares MSCI Europe Financials ETF in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 28 increasing their positions, 41 reducing their positions, and 25 closing their positions.
89% more call options, than puts
Call options by funds: $3.66M | Put options by funds: $1.94M
5.51% less ownership
Funds ownership: 54.05% → 48.54% (-5.5%)
7% less funds holding
Funds holding: 126 → 117 (-9)
27% less capital invested
Capital invested by funds: $825M → $605M (-$220M)
32% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 41
36% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 25
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
+$25.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$9.75M |
| 3 |
Citigroup
New York
|
+$5.26M |
| 4 |
X
Xponance
Philadelphia,
Pennsylvania
|
+$4.23M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DC
Davenport & Co
Richmond,
Virginia
|
-$58.4M |
| 2 |
Goldman Sachs
New York
|
-$51.9M |
| 3 |
Morgan Stanley
New York
|
-$35.8M |
| 4 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
-$23.7M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17.3M |
EUFN Hedge Fund Activity: Q3 2018 in Review
117 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Europe Financials ETF (EUFN) for Q3 2018, worth a combined $605M — down 27% from $825M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of EUFN and 16 opened new positions — a net loss of 9 holders — while 41 trimmed existing stakes and 28 added.
The largest buyer was Fisher Asset Management, adding an estimated $25.2M. The largest seller was Davenport & Co, cutting an estimated $58.4M.
- 117 institutional investors held iShares MSCI Europe Financials ETF (EUFN) as of Q3 2018, down from 126 in Q2 2018.
- Funds reported $605M of iShares MSCI Europe Financials ETF stock for Q3 2018, down 27% quarter-over-quarter.
- 16 funds opened new iShares MSCI Europe Financials ETF positions in Q3 2018 and 25 closed out, a net change of -9 holders.
- The largest iShares MSCI Europe Financials ETF buyer in Q3 2018 was Fisher Asset Management, an estimated $25.2M added.
- The largest iShares MSCI Europe Financials ETF seller in Q3 2018 was Davenport & Co, an estimated $58.4M sold.
Based on aggregated 13F filings for Q3 2018.