iShares MSCI Spain ETF
133 hedge funds and large institutions have $1.1B invested in iShares MSCI Spain ETF in 2014 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 54 increasing their positions, 43 reducing their positions, and 29 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 43
2.51% less ownership
Funds ownership: 48.83% → 46.31% (-2.5%)
9% less funds holding
Funds holding: 146 → 133 (-13)
14% less capital invested
Capital invested by funds: $1.28B → $1.1B (-$186M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
45% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 29
90% less call options, than puts
Call options by funds: $1.81M | Put options by funds: $17.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$38.4M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$28.7M |
| 3 |
Jane Street
New York
|
+$27.3M |
| 4 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$24.9M |
| 5 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$22.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$179M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$74.2M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$14.8M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$14.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$7.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IAA
151
Ironsides Asset Advisors
Rocky Mount,
North Carolina
| – | -$393K | -9,183 | Closed |
|
|
PNAA
152
Pictet North America Advisors
Geneva 73,
Switzerland
| – | -$347K | -8,100 | Closed |
|
|
CANY
153
Caxton Associates (New York)
New York
| – | -$240K | -5,600 | Closed |
|
|
BOTW
154
Bank of the West
Monterey Park,
California
| – | -$219K | -5,117 | Closed |
|
|
RIA
155
Regal Investment Advisors
Kentwood,
Michigan
| – | -$195K | -4,557 | Closed |
|
|
ST
156
Spot Trading
Chicago,
Illinois
| – | -$194K | -4,523 | Closed |
|
|
VIA
157
Virtus Investment Advisers
Hartford,
Connecticut
| – | -$56K | -1,310 | Closed |
|
|
FANJ
158
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$17K | -400 | Closed |
|
|
BRWA
159
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$3.08K | -72 | Closed |
|
160
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$1K | -30 | Closed |
|
161
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$50.6K | +1,246 | +23% |
|
EWP Hedge Fund Activity: Q3 2014 in Review
133 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Spain ETF (EWP) for Q3 2014, worth a combined $1.1B — down 14% from $1.28B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of EWP and 16 opened new positions — a net loss of 13 holders — while 43 trimmed existing stakes and 54 added.
The largest buyer was Goldman Sachs, adding an estimated $38.4M. The largest seller was Bank of Nova Scotia, cutting an estimated $179M.
- 133 institutional investors held iShares MSCI Spain ETF (EWP) as of Q3 2014, down from 146 in Q2 2014.
- Funds reported $1.1B of iShares MSCI Spain ETF stock for Q3 2014, down 14% quarter-over-quarter.
- 16 funds opened new iShares MSCI Spain ETF positions in Q3 2014 and 29 closed out, a net change of -13 holders.
- The largest iShares MSCI Spain ETF buyer in Q3 2014 was Goldman Sachs, an estimated $38.4M added.
- The largest iShares MSCI Spain ETF seller in Q3 2014 was Bank of Nova Scotia, an estimated $179M sold.
Based on aggregated 13F filings for Q3 2014.