iShares MSCI Brazil ETF
263 hedge funds and large institutions have $4.15B invested in iShares MSCI Brazil ETF in 2013 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 50 increasing their positions, 109 reducing their positions, and 77 closing their positions.
21.09% more ownership
Funds ownership: 73.34% → 94.42% (+21%)
7% more funds holding in top 10
Funds holding in top 10: 15 → 16 (+1)
4% less capital invested
Capital invested by funds: $4.32B → $4.15B (-$173M)
9% less funds holding
Funds holding: 289 → 263 (-26)
26% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 77
48% less call options, than puts
Call options by funds: $1.6B | Put options by funds: $3.07B
54% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 109
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$187M |
| 2 |
JP Morgan Chase
New York
|
+$96.1M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$92.9M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$88.3M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$85.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$331M |
| 2 |
HT
HAP Trading
New York
|
-$124M |
| 3 |
NB
Norinchukin Bank
Tokyo,
Japan
|
-$75.9M |
| 4 |
KC
Kepos Capital
New York
|
-$67.2M |
| 5 |
Morgan Stanley
New York
|
-$35.4M |
EWZ Hedge Fund Activity: Q4 2013 in Review
263 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Brazil ETF (EWZ) for Q4 2013, worth a combined $4.15B — down 4% from $4.32B a quarter earlier.
Sellers outnumbered buyers: 77 funds closed out of EWZ and 57 opened new positions — a net loss of 20 holders — while 109 trimmed existing stakes and 50 added.
The largest buyer was Credit Suisse, adding an estimated $187M. The largest seller was Discovery Capital Management, exiting entirely with an estimated $331M sold.
- 263 institutional investors held iShares MSCI Brazil ETF (EWZ) as of Q4 2013, down from 289 in Q3 2013.
- Funds reported $4.15B of iShares MSCI Brazil ETF stock for Q4 2013, down 4% quarter-over-quarter.
- 57 funds opened new iShares MSCI Brazil ETF positions in Q4 2013 and 77 closed out, a net change of -20 holders.
- The largest iShares MSCI Brazil ETF buyer in Q4 2013 was Credit Suisse, an estimated $187M added.
- The largest iShares MSCI Brazil ETF seller in Q4 2013 was Discovery Capital Management, an estimated $331M sold.
Based on aggregated 13F filings for Q4 2013.