iShares MSCI Germany ETF
173 hedge funds and large institutions have $860M invested in iShares MSCI Germany ETF in 2018 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 29 increasing their positions, 89 reducing their positions, and 43 closing their positions.
4.36% less ownership
Funds ownership: 42.56% → 38.2% (-4.4%)
13% less funds holding
Funds holding: 199 → 173 (-26)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
37% less capital invested
Capital invested by funds: $1.38B → $860M (-$515M)
50% less call options, than puts
Call options by funds: $9.76M | Put options by funds: $19.6M
56% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 43
67% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 89
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$35.3M |
| 2 |
Morgan Stanley
New York
|
+$12.5M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
+$8.92M |
| 4 |
Jane Street
New York
|
+$5.25M |
| 5 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
+$3.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$172M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$46.7M |
| 3 |
LPL Financial
San Diego,
California
|
-$35.2M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$19.9M |
| 5 |
BlackRock
New York
|
-$15.8M |
EWG Hedge Fund Activity: Q4 2018 in Review
173 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Germany ETF (EWG) for Q4 2018, worth a combined $860M — down 37% from $1.38B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of EWG and 19 opened new positions — a net loss of 24 holders — while 89 trimmed existing stakes and 29 added.
The largest buyer was Mackenzie Financial, opening a new position worth an estimated $35.3M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $172M.
- 173 institutional investors held iShares MSCI Germany ETF (EWG) as of Q4 2018, down from 199 in Q3 2018.
- Funds reported $860M of iShares MSCI Germany ETF stock for Q4 2018, down 37% quarter-over-quarter.
- 19 funds opened new iShares MSCI Germany ETF positions in Q4 2018 and 43 closed out, a net change of -24 holders.
- The largest iShares MSCI Germany ETF buyer in Q4 2018 was Mackenzie Financial, an estimated $35.3M added.
- The largest iShares MSCI Germany ETF seller in Q4 2018 was Manulife (Manufacturers Life Insurance), an estimated $172M sold.
Based on aggregated 13F filings for Q4 2018.