iShares MSCI Europe Financials ETF
EUFN
106 hedge funds and large institutions have $1B invested in iShares MSCI Europe Financials ETF in 2023 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 25 increasing their positions, 35 reducing their positions, and 25 closing their positions.
10% less ownership
Funds ownership: 81.23% → 71.22% (-10%)
10% less funds holding
Funds holding: 118 → 106 (-12)
17% less capital invested
Capital invested by funds: $1.21B → $1B (-$206M)
29% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 35
44% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 25
92% less call options, than puts
Call options by funds: $387K | Put options by funds: $5.09M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$7.48M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
+$6.17M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
+$5.45M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$3.45M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$144M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$29.2M |
| 3 |
Jane Street
New York
|
-$14.8M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$4.99M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.52M |
EUFN Hedge Fund Activity: Q3 2023 in Review
106 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Europe Financials ETF (EUFN) for Q3 2023, worth a combined $1B — down 17% from $1.21B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of EUFN and 14 opened new positions — a net loss of 11 holders — while 35 trimmed existing stakes and 25 added.
The largest buyer was Old Mission Capital, adding an estimated $7.48M. The largest seller was JP Morgan Chase, cutting an estimated $144M.
- 106 institutional investors held iShares MSCI Europe Financials ETF (EUFN) as of Q3 2023, down from 118 in Q2 2023.
- Funds reported $1B of iShares MSCI Europe Financials ETF stock for Q3 2023, down 17% quarter-over-quarter.
- 14 funds opened new iShares MSCI Europe Financials ETF positions in Q3 2023 and 25 closed out, a net change of -11 holders.
- The largest iShares MSCI Europe Financials ETF buyer in Q3 2023 was Old Mission Capital, an estimated $7.48M added.
- The largest iShares MSCI Europe Financials ETF seller in Q3 2023 was JP Morgan Chase, an estimated $144M sold.
Based on aggregated 13F filings for Q3 2023.