iShares MSCI Brazil ETF
EWZ
258 hedge funds and large institutions have $4.66B invested in iShares MSCI Brazil ETF in 2014 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 62 increasing their positions, 75 reducing their positions, and 60 closing their positions.
16.56% more ownership
Funds ownership: 94.42% → 110.98% (+17%)
12% more capital invested
Capital invested by funds: $4.15B → $4.66B (+$510M)
7% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 60
2% less funds holding
Funds holding: 263 → 258 (-5)
17% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 75
28% less call options, than puts
Call options by funds: $2.09B | Put options by funds: $2.89B
31% less funds holding in top 10
Funds holding in top 10: 16 → 11 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$325M |
| 2 |
Morgan Stanley
New York
|
+$147M |
| 3 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
+$132M |
| 4 |
Korea Investment Corp
Seoul,
South Korea
|
+$128M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$119M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$195M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$140M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$63.5M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$52.8M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$46.6M |
EWZ Hedge Fund Activity: Q1 2014 in Review
258 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Brazil ETF (EWZ) for Q1 2014, worth a combined $4.66B — up 12% from $4.15B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of EWZ and 56 opened new positions — a net loss of 4 holders — while 75 trimmed existing stakes and 62 added.
The largest buyer was Bank of America, adding an estimated $325M. The largest seller was JP Morgan Chase, cutting an estimated $195M.
- 258 institutional investors held iShares MSCI Brazil ETF (EWZ) as of Q1 2014, down from 263 in Q4 2013.
- Funds reported $4.66B of iShares MSCI Brazil ETF stock for Q1 2014, up 12% quarter-over-quarter.
- 56 funds opened new iShares MSCI Brazil ETF positions in Q1 2014 and 60 closed out, a net change of -4 holders.
- The largest iShares MSCI Brazil ETF buyer in Q1 2014 was Bank of America, an estimated $325M added.
- The largest iShares MSCI Brazil ETF seller in Q1 2014 was JP Morgan Chase, an estimated $195M sold.
Based on aggregated 13F filings for Q1 2014.