iShares MSCI Italy ETF
EWI
84 hedge funds and large institutions have $513M invested in iShares MSCI Italy ETF in 2014 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 23 increasing their positions, 33 reducing their positions, and 25 closing their positions.
7.6% more ownership
Funds ownership: 21.47% → 29.07% (+7.6%)
9% less funds holding
Funds holding: 92 → 84 (-8)
14% less capital invested
Capital invested by funds: $598M → $513M (-$84.8M)
28% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 25
30% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 33
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
86% less call options, than puts
Call options by funds: $4.04M | Put options by funds: $28.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$21.1M |
| 2 |
BlackRock
New York
|
+$10.5M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$9.79M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$8.85M |
| 5 |
JP Morgan Chase
New York
|
+$3.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$44.1M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$15.9M |
| 3 |
FFA
Fragasso Financial Advisors
Sewickley,
Pennsylvania
|
-$12.3M |
| 4 |
Morgan Stanley
New York
|
-$9.81M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JIR
101
James Investment Research
Alpha,
Ohio
| – | -$105K | -3,345 | Closed |
|
|
VFA
102
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$103K | -3,273 | Closed |
|
103
Walleye Trading
New York
| – | -$63.1K | -2,189 | Closed |
|
|
TRCT
104
Tower Research Capital (TRC)
New York
| – | -$58K | -1,862 | Closed |
|
|
FMP
105
Financial Management Professionals
Austin,
Texas
| – | -$36K | -1,167 | Closed |
|
|
PAG
106
Private Advisor Group
Morristown,
New Jersey
| – | -$31K | -999 | Closed |
|
|
MAA
107
Managed Account Advisors
Jersey City,
New Jersey
| – | -$8.54K | -296 | -99% |
|
|
BGIM
108
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$5K | -128 | Closed |
|
|
WA
109
WFG Advisors
Dallas,
Texas
| – | -$2K | -50 | Closed |
|
EWI Hedge Fund Activity: Q4 2014 in Review
84 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Italy ETF (EWI) for Q4 2014, worth a combined $513M — down 14% from $598M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of EWI and 18 opened new positions — a net loss of 7 holders — while 33 trimmed existing stakes and 23 added.
The largest buyer was Jane Street, opening a new position worth an estimated $21.1M. The largest seller was Goldman Sachs, cutting an estimated $44.1M.
- 84 institutional investors held iShares MSCI Italy ETF (EWI) as of Q4 2014, down from 92 in Q3 2014.
- Funds reported $513M of iShares MSCI Italy ETF stock for Q4 2014, down 14% quarter-over-quarter.
- 18 funds opened new iShares MSCI Italy ETF positions in Q4 2014 and 25 closed out, a net change of -7 holders.
- The largest iShares MSCI Italy ETF buyer in Q4 2014 was Jane Street, an estimated $21.1M added.
- The largest iShares MSCI Italy ETF seller in Q4 2014 was Goldman Sachs, an estimated $44.1M sold.
Based on aggregated 13F filings for Q4 2014.