iShares MSCI Japan ETF
450 hedge funds and large institutions have $10.9B invested in iShares MSCI Japan ETF in 2018 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 119 increasing their positions, 161 reducing their positions, and 98 closing their positions.
3.06% more ownership
Funds ownership: 62.05% → 65.11% (+3.1%)
5% less capital invested
Capital invested by funds: $11.5B → $10.9B (-$600M)
8% less funds holding
Funds holding: 487 → 450 (-37)
18% less funds holding in top 10
Funds holding in top 10: 33 → 27 (-6)
26% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 161
29% less call options, than puts
Call options by funds: $498M | Put options by funds: $703M
37% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 98
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$106M |
| 2 |
BlackRock
New York
|
+$95.1M |
| 3 |
Morgan Stanley
New York
|
+$78.8M |
| 4 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
+$69.3M |
| 5 |
3AM
3EDGE Asset Management
Naples,
Florida
|
+$61.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$248M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$144M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$109M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$95.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$84.6M |
EWJ Hedge Fund Activity: Q3 2018 in Review
450 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Japan ETF (EWJ) for Q3 2018, worth a combined $10.9B — down 5.2% from $11.5B a quarter earlier.
Sellers outnumbered buyers: 98 funds closed out of EWJ and 62 opened new positions — a net loss of 36 holders — while 161 trimmed existing stakes and 119 added.
The largest buyer was Itau Unibanco Holding S.A., adding an estimated $106M. The largest seller was JP Morgan Chase, cutting an estimated $248M.
- 450 institutional investors held iShares MSCI Japan ETF (EWJ) as of Q3 2018, down from 487 in Q2 2018.
- Funds reported $10.9B of iShares MSCI Japan ETF stock for Q3 2018, down 5.2% quarter-over-quarter.
- 62 funds opened new iShares MSCI Japan ETF positions in Q3 2018 and 98 closed out, a net change of -36 holders.
- The largest iShares MSCI Japan ETF buyer in Q3 2018 was Itau Unibanco Holding S.A., an estimated $106M added.
- The largest iShares MSCI Japan ETF seller in Q3 2018 was JP Morgan Chase, an estimated $248M sold.
Based on aggregated 13F filings for Q3 2018.