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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.

New
Increased
Maintained
Reduced
Closed

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: 487450 (-37)

18% less funds holding in top 10

Funds holding in top 10: 3327 (-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

Holders
450
Holders Change
-37
Holders Change %
-7.6%
% of All Funds
10.29%
Holding in Top 10
27
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-18.18%
% of All Funds
0.62%
New
62
Increased
119
Reduced
161
Closed
98
Calls
$498M
Puts
$703M
Net Calls
-$205M
Net Calls Change
+$72.1M
Name Holding Trade Value Shares
Change
Change in
Stake
JMPWA
26
JP Morgan Private Wealth Advisors
California
$49.8M -$34.8M -599,208 -42%
Royal Bank of Canada
27
Royal Bank of Canada
Ontario, Canada
$43.6M -$46.9M -805,979 -53%
T2I
28
Turim 21 Investimentos
Brazil
$43.1M +$41M +705,671 +6,825%
Canada Pension Plan Investment Board
29
Canada Pension Plan Investment Board
Ontario, Canada
$42.2M +$40.7M +700,000 New
PAG
30
Pinnacle Advisory Group
Maryland
$41.4M -$36M -618,748 -47%
CIBC World Market
31
CIBC World Market
Ontario, Canada
$38.3M +$465K +7,991 +1%
HSBC Holdings
32
HSBC Holdings
United Kingdom
$36.4M +$3.4M +58,411 +11%
Mirae Asset Global Investments
33
Mirae Asset Global Investments
South Korea
$33.3M +$6.25M +107,571 +24%
Comerica Bank
34
Comerica Bank
Texas
$32.4M -$14.7M -253,462 -30%
PVH
35
Psagot Value Holdings
Israel
$27.6M -$2.25M -38,629 -8%
LMIM
36
Lockheed Martin Investment Management
Maryland
$27.6M -$4.07M -70,100 -13%
USAA
37
United Services Automobile Association
Texas
$27.3M +$23M +396,500 +690%
Bessemer Group
38
Bessemer Group
New Jersey
$25.4M
KIM
39
Karpus Investment Management
New York
$24.7M -$219K -3,762 -0.9%
Mackenzie Financial
40
Mackenzie Financial
Ontario, Canada
$24.5M -$1.74M -30,000 -7%
Citigroup
41
Citigroup
New York
$23.7M -$75.9M -1,306,512 -77%
Wellington Management Group
42
Wellington Management Group
Massachusetts
$23M +$832K +14,318 +4%
VIM
43
VCU Investment Management
Virginia
$22.6M +$6.37M +109,655 +41%
Baird Financial Group
44
Baird Financial Group
Wisconsin
$20.3M +$19.2M +329,640 +6,508%
MIH
45
Madison Investment Holdings
Wisconsin
$20M +$5.51M +94,849 +40%
Bank of New York Mellon
46
Bank of New York Mellon
New York
$19.7M -$8.05M -138,467 -30%
MD
47
Money Design
Japan
$19.1M +$2.08M +35,785 +13%
BS
48
Banco Santander
Spain
$18M -$2.45M -42,223 -12%
CS
49
Credit Suisse
Switzerland
$17.9M -$38.4M -661,243 -69%
VSI
50
Verde Servicos Internacionais
Brazil
$17.1M +$17.2M +295,181 New

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.