iShares MSCI Italy ETF
EWI
87 hedge funds and large institutions have $452M invested in iShares MSCI Italy ETF in 2013 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 24 increasing their positions, 33 reducing their positions, and 10 closing their positions.
140% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 10
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
19% more funds holding
Funds holding: 73 → 87 (+14)
15% more capital invested
Capital invested by funds: $391M → $452M (+$60.6M)
1.26% more ownership
Funds ownership: 24.98% → 26.24% (+1.3%)
26% less call options, than puts
Call options by funds: $12.2M | Put options by funds: $16.4M
27% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$17.5M |
| 2 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$10.9M |
| 3 |
Barclays
London,
United Kingdom
|
+$6.31M |
| 4 |
Morgan Stanley
New York
|
+$4.19M |
| 5 |
CC
Curian Capital
Denver,
Colorado
|
+$2.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$10.5M |
| 2 |
SG Americas Securities
New York
|
-$8.88M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$6.54M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$4.05M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.94M |
EWI Hedge Fund Activity: Q4 2013 in Review
87 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Italy ETF (EWI) for Q4 2013, worth a combined $452M — up 15% from $391M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new EWI positions and 10 closed out — a net gain of 14 holders — while 24 added to existing stakes and 33 trimmed.
The largest buyer was Glovista Investments, opening a new position worth an estimated $17.5M. The largest seller was Gramercy Funds Management, cutting an estimated $10.5M.
- 87 institutional investors held iShares MSCI Italy ETF (EWI) as of Q4 2013, up from 73 in Q3 2013.
- Funds reported $452M of iShares MSCI Italy ETF stock for Q4 2013, up 15% quarter-over-quarter.
- 24 funds opened new iShares MSCI Italy ETF positions in Q4 2013 and 10 closed out, a net change of +14 holders.
- The largest iShares MSCI Italy ETF buyer in Q4 2013 was Glovista Investments, an estimated $17.5M added.
- The largest iShares MSCI Italy ETF seller in Q4 2013 was Gramercy Funds Management, an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2013.