iShares MSCI Spain ETF
114 hedge funds and large institutions have $716M invested in iShares MSCI Spain ETF in 2014 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 24 increasing their positions, 55 reducing their positions, and 39 closing their positions.
1.16% less ownership
Funds ownership: 46.31% → 45.15% (-1.2%)
14% less funds holding
Funds holding: 133 → 114 (-19)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
35% less capital invested
Capital invested by funds: $1.1B → $716M (-$382M)
46% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 39
56% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 55
70% less call options, than puts
Call options by funds: $6.45M | Put options by funds: $21.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.5M |
| 2 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$24.6M |
| 3 |
BlackRock
New York
|
+$15.6M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$8.84M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$7.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$106M |
| 2 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$24.1M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$18.7M |
| 4 |
National Pension Service
Jeonju-Si, Jeollabuk-Do,
South Korea
|
-$17.4M |
| 5 |
Jane Street
New York
|
-$17.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Parallax Volatility Advisers
San Francisco,
California
| – | +$37 | +1 | New |
|
|
MAA
152
Managed Account Advisors
Jersey City,
New Jersey
| – | +$259 | +7 | New |
|
EWP Hedge Fund Activity: Q4 2014 in Review
114 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Spain ETF (EWP) for Q4 2014, worth a combined $716M — down 35% from $1.1B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of EWP and 21 opened new positions — a net loss of 18 holders — while 55 trimmed existing stakes and 24 added.
The largest buyer was Fidelity Investments, adding an estimated $30.5M. The largest seller was Goldman Sachs, cutting an estimated $106M.
- 114 institutional investors held iShares MSCI Spain ETF (EWP) as of Q4 2014, down from 133 in Q3 2014.
- Funds reported $716M of iShares MSCI Spain ETF stock for Q4 2014, down 35% quarter-over-quarter.
- 21 funds opened new iShares MSCI Spain ETF positions in Q4 2014 and 39 closed out, a net change of -18 holders.
- The largest iShares MSCI Spain ETF buyer in Q4 2014 was Fidelity Investments, an estimated $30.5M added.
- The largest iShares MSCI Spain ETF seller in Q4 2014 was Goldman Sachs, an estimated $106M sold.
Based on aggregated 13F filings for Q4 2014.