iShares MSCI Brazil ETF
EWZ
326 hedge funds and large institutions have $4.19B invested in iShares MSCI Brazil ETF in 2023 Q4 according to their latest regulatory filings, with 79 funds opening new positions, 90 increasing their positions, 105 reducing their positions, and 38 closing their positions.
108% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 38
28% more capital invested
Capital invested by funds: $3.28B → $4.19B (+$911M)
13% more funds holding
Funds holding: 289 → 326 (+37)
13% more funds holding in top 10
Funds holding in top 10: 16 → 18 (+2)
6.98% more ownership
Funds ownership: 63.75% → 70.73% (+7%)
14% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 105
25% less call options, than puts
Call options by funds: $1.65B | Put options by funds: $2.2B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$279M |
| 2 |
Morgan Stanley
New York
|
+$133M |
| 3 |
RCMU
Rokos Capital Management (UK)
London,
United Kingdom
|
+$109M |
| 4 |
Two Sigma Investments
New York
|
+$91.8M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$91.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$112M |
| 2 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$91.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$67.8M |
| 4 |
KI
Kapitalo Investimentos
Sao Paulo,
Brazil
|
-$65.6M |
| 5 |
Jane Street
New York
|
-$45.3M |
EWZ Hedge Fund Activity: Q4 2023 in Review
326 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Brazil ETF (EWZ) for Q4 2023, worth a combined $4.19B — up 28% from $3.28B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new EWZ positions and 38 closed out — a net gain of 41 holders — while 90 added to existing stakes and 105 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $279M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), exiting entirely with an estimated $112M sold.
- 326 institutional investors held iShares MSCI Brazil ETF (EWZ) as of Q4 2023, up from 289 in Q3 2023.
- Funds reported $4.19B of iShares MSCI Brazil ETF stock for Q4 2023, up 28% quarter-over-quarter.
- 79 funds opened new iShares MSCI Brazil ETF positions in Q4 2023 and 38 closed out, a net change of +41 holders.
- The largest iShares MSCI Brazil ETF buyer in Q4 2023 was Goldman Sachs, an estimated $279M added.
- The largest iShares MSCI Brazil ETF seller in Q4 2023 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $112M sold.
Based on aggregated 13F filings for Q4 2023.