iShares MSCI Spain ETF
121 hedge funds and large institutions have $645M invested in iShares MSCI Spain ETF in 2014 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 40 increasing their positions, 16 reducing their positions, and 17 closing their positions.
200% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 17
150% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 16
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
55% more capital invested
Capital invested by funds: $415M → $645M (+$229M)
39% more funds holding
Funds holding: 87 → 121 (+34)
5.95% less ownership
Funds ownership: 46.79% → 40.85% (-5.9%)
64% less call options, than puts
Call options by funds: $6.17M | Put options by funds: $17.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$32.9M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$27.2M |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$18.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$18.3M |
| 5 |
Morgan Stanley
New York
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$8.82M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.31M |
| 3 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$3.83M |
| 4 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
-$2.79M |
| 5 |
BL
BCWM LLC
Overland Park,
Kansas
|
-$2.68M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BPCA
126
Bank Pictet & Cie (Asia)
Singapore
| – | -$1.36M | -35,368 | Closed |
|
|
NA
127
Nottingham Advisors
Amherst,
New York
| – | -$1.21M | -31,319 | Closed |
|
|
WCM
128
Weatherstone Capital Management
Denver,
Colorado
| – | -$992K | -25,789 | Closed |
|
|
BPCE
129
Bank Pictet & Cie (Europe)
Frankfurt Am Main,
Germany
| – | -$332K | -8,610 | Closed |
|
|
CA
130
Cetera Advisors
Denver,
Colorado
| – | -$273K | -7,085 | Closed |
|
|
GFM
131
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$212K | -5,500 | Closed |
|
|
V
132
Veritable
Wilmington,
Delaware
| – | -$98K | -2,550 | Closed |
|
|
MA
133
MUFG Americas
New York
| – | -$77K | -2,000 | Closed |
|
|
HMS
134
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$16K | -425 | Closed |
|
135
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$11K | -276 | Closed |
|
|
MAA
136
Managed Account Advisors
Jersey City,
New Jersey
| – | -$8K | -214 | Closed |
|
|
WA
137
Waverly Advisors
Birmingham,
Alabama
| – | -$5K | -117 | Closed |
|
EWP Hedge Fund Activity: Q1 2014 in Review
121 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Spain ETF (EWP) for Q1 2014, worth a combined $645M — up 55% from $415M a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new EWP positions and 17 closed out — a net gain of 34 holders — while 40 added to existing stakes and 16 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $32.9M. The largest seller was SG Americas Securities, cutting an estimated $8.82M.
- 121 institutional investors held iShares MSCI Spain ETF (EWP) as of Q1 2014, up from 87 in Q4 2013.
- Funds reported $645M of iShares MSCI Spain ETF stock for Q1 2014, up 55% quarter-over-quarter.
- 51 funds opened new iShares MSCI Spain ETF positions in Q1 2014 and 17 closed out, a net change of +34 holders.
- The largest iShares MSCI Spain ETF buyer in Q1 2014 was Goldman Sachs, an estimated $32.9M added.
- The largest iShares MSCI Spain ETF seller in Q1 2014 was SG Americas Securities, an estimated $8.82M sold.
Based on aggregated 13F filings for Q1 2014.