iShares MSCI Spain ETF
105 hedge funds and large institutions have $582M invested in iShares MSCI Spain ETF in 2017 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 30 increasing their positions, 33 reducing their positions, and 17 closing their positions.
35% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 17
10.88% more ownership
Funds ownership: 47.31% → 58.19% (+11%)
6% more funds holding
Funds holding: 99 → 105 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 33
20% less capital invested
Capital invested by funds: $725M → $582M (-$143M)
75% less call options, than puts
Call options by funds: $1.43M | Put options by funds: $5.68M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$69.3M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$30.1M |
| 3 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
+$12.1M |
| 4 |
Morgan Stanley
New York
|
+$6.07M |
| 5 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
+$4.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$134M |
| 2 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
-$23.5M |
| 3 |
BlackRock
New York
|
-$17.1M |
| 4 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$17M |
| 5 |
Capstone Investment Advisors
New York
|
-$16.9M |
EWP Hedge Fund Activity: Q4 2017 in Review
105 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Spain ETF (EWP) for Q4 2017, worth a combined $582M — down 20% from $725M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new EWP positions and 17 closed out — a net gain of 6 holders — while 30 added to existing stakes and 33 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $69.3M. The largest seller was Bank of Nova Scotia, exiting entirely with an estimated $134M sold.
- 105 institutional investors held iShares MSCI Spain ETF (EWP) as of Q4 2017, up from 99 in Q3 2017.
- Funds reported $582M of iShares MSCI Spain ETF stock for Q4 2017, down 20% quarter-over-quarter.
- 23 funds opened new iShares MSCI Spain ETF positions in Q4 2017 and 17 closed out, a net change of +6 holders.
- The largest iShares MSCI Spain ETF buyer in Q4 2017 was Fidelity Investments, an estimated $69.3M added.
- The largest iShares MSCI Spain ETF seller in Q4 2017 was Bank of Nova Scotia, an estimated $134M sold.
Based on aggregated 13F filings for Q4 2017.