We are live on ! Find out more
EWZ icon

iShares MSCI Brazil ETF
EWZ

244 hedge funds and large institutions have $4.24B invested in iShares MSCI Brazil ETF in 2017 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 67 increasing their positions, 83 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 41

8% more capital invested

Capital invested by funds: $3.94B → $4.24B (+$303M)

5% more funds holding

Funds holding: 233 → 244 (+11)

1.13% less ownership

Funds ownership: 56.12% → 54.98% (-1.1%)

19% less repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 83

22% less funds holding in top 10

Funds holding in top 10: 18 → 14 (-4)

54% less call options, than puts

Call options by funds: $1.19B | Put options by funds: $2.59B

Holders
244
Holders Change
+11
Holders Change %
+4.72%
% of All Funds
5.53%
Holding in Top 10
14
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-22.22%
% of All Funds
0.32%
New
54
Increased
67
Reduced
83
Closed
41
Calls
$1.19B
Puts
$2.59B
Net Calls
-$1.4B
Net Calls Change
+$50M

Top Buyers

1
PPFA
Provida Pension Fund Administrator
Chile
+$223M
2
BlackRock
BlackRock
New York
+$150M
3
Bank of America
Bank of America
North Carolina
+$145M
4
Morgan Stanley
Morgan Stanley
New York
+$104M
5
CS
Credit Suisse
Switzerland
+$81.9M

Top Sellers

1
JP Morgan Chase
JP Morgan Chase
New York
-$190M
2
QIM
Quantitative Investment Management
Virginia
-$161M
3
Grantham, Mayo, Van Otterloo & Co (GMO)
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
-$134M
4
T2I
Turim 21 Investimentos
Brazil
-$132M
5
GPC
Glen Point Capital
United Kingdom
-$63.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
PPFA
1
Provida Pension Fund Administrator
Chile
$663M +$223M +5,503,563 +51%
Bank of America
2
Bank of America
North Carolina
$347M +$145M +3,571,927 +71%
CS
3
Credit Suisse
Switzerland
$330M +$81.9M +2,022,741 +33%
BA
4
Bridgewater Associates
Connecticut
$313M +$37.4M +924,497 +14%
State of Tennessee, Department of Treasury
5
State of Tennessee, Department of Treasury
Tennessee
$246M +$453K +11,200 +0.2%
Morgan Stanley
6
Morgan Stanley
New York
$206M +$104M +2,567,728 +101%
UBS Group
7
UBS Group
Switzerland
$166M +$39.9M +986,976 +32%
BlackRock
8
BlackRock
New York
$151M +$150M +3,716,249 +21,288%
Goldman Sachs
9
Goldman Sachs
New York
$151M +$72.2M +1,785,031 +92%
VSI
10
Verde Servicos Internacionais
Brazil
$98.2M – – –
Citigroup
11
Citigroup
New York
$80.2M +$30.7M +759,111 +62%
T2I
12
Turim 21 Investimentos
Brazil
$79.5M -$132M -3,250,007 -62%
Rafferty Asset Management
13
Rafferty Asset Management
New York
$78M +$6.57M +162,442 +9%
William Blair Investment Management
14
William Blair Investment Management
Illinois
$77.9M +$52.6M +1,300,310 +208%
IG
15
ING Group
Netherlands
$67.8M -$1.56M -38,581 -2%
Arrowstreet Capital
16
Arrowstreet Capital
Massachusetts
$56.1M +$56.1M +1,386,937 New
JP Morgan Chase
17
JP Morgan Chase
New York
$48.3M -$190M -4,704,327 -80%
Wells Fargo
18
Wells Fargo
California
$47.7M -$6.58M -162,679 -12%
HSBC Holdings
19
HSBC Holdings
United Kingdom
$46.5M +$35.5M +878,365 +325%
Balyasny Asset Management
20
Balyasny Asset Management
Illinois
$46.3M +$46.4M +1,145,511 New
OMC
21
Old Mission Capital
Illinois
$43.2M -$15.4M -380,264 -26%
BNP Paribas Financial Markets
22
BNP Paribas Financial Markets
France
$43.1M -$10.1M -250,804 -19%
Barclays
23
Barclays
United Kingdom
$42.3M -$30.2M -747,005 -42%
MIFH
24
Migdal Insurance & Financial Holdings
Israel
$33.6M +$14.7M +363,674 +78%
Squarepoint
25
Squarepoint
New York
$32.8M -$28.4M -702,089 -46%
1
2 3 4 5

EWZ Hedge Fund Activity: Q4 2017 in Review

244 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Brazil ETF (EWZ) for Q4 2017, worth a combined $4.24B — up 7.7% from $3.94B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new EWZ positions and 41 closed out — a net gain of 13 holders — while 67 added to existing stakes and 83 trimmed.

The largest buyer was Provida Pension Fund Administrator, adding an estimated $223M. The largest seller was JP Morgan Chase, cutting an estimated $190M.

  • 244 institutional investors held iShares MSCI Brazil ETF (EWZ) as of Q4 2017, up from 233 in Q3 2017.
  • Funds reported $4.24B of iShares MSCI Brazil ETF stock for Q4 2017, up 7.7% quarter-over-quarter.
  • 54 funds opened new iShares MSCI Brazil ETF positions in Q4 2017 and 41 closed out, a net change of +13 holders.
  • The largest iShares MSCI Brazil ETF buyer in Q4 2017 was Provida Pension Fund Administrator, an estimated $223M added.
  • The largest iShares MSCI Brazil ETF seller in Q4 2017 was JP Morgan Chase, an estimated $190M sold.

Based on aggregated 13F filings for Q4 2017.