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iShares MSCI Brazil ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 289326 (+37)

13% more funds holding in top 10

Funds holding in top 10: 1618 (+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

Holders
326
Holders Change
+37
Holders Change %
+12.8%
% of All Funds
4.75%
Holding in Top 10
18
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+12.5%
% of All Funds
0.26%
New
79
Increased
90
Reduced
105
Closed
38
Calls
$1.65B
Puts
$2.2B
Net Calls
-$550M
Net Calls Change
-$1.48B
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$656M +$279M +8,625,219 +85%
Morgan Stanley
2
Morgan Stanley
New York
$467M +$133M +4,098,100 +44%
State of Tennessee, Department of Treasury
3
State of Tennessee, Department of Treasury
Tennessee
$264M -$8.93M -275,648 -4%
RCMU
4
Rokos Capital Management (UK)
United Kingdom
$159M +$109M +3,360,144 +280%
Fidelity International
5
Fidelity International
Bermuda
$152M +$11.4M +351,165 +9%
Bank of Nova Scotia
6
Bank of Nova Scotia
Ontario, Canada
$124M +$91.3M +2,818,566 +384%
Bank of America
7
Bank of America
North Carolina
$121M -$15.6M -483,070 -12%
PC
8
PointState Capital
New York
$103M -$3.17M -97,852 -3%
Two Sigma Investments
9
Two Sigma Investments
New York
$100M +$91.8M +2,835,100 +9,983%
MPM
10
MBB Public Markets
Illinois
$97.7M -$30M -926,426 -25%
BA
11
Bridgewater Associates
Connecticut
$96.2M +$89.1M +2,750,734 New
UBS Group
12
UBS Group
Switzerland
$93.2M +$4.47M +137,899 +5%
Man Group
13
Man Group
United Kingdom
$84.2M +$78M +2,408,976 New
Temasek Holdings
14
Temasek Holdings
Singapore
$79.8M
Jane Street
15
Jane Street
New York
$58.9M -$45.3M -1,398,609 -45%
Two Sigma Advisers
16
Two Sigma Advisers
New York
$58.3M +$54M +1,666,700 New
OMC
17
Old Mission Capital
Illinois
$58.2M +$54M +1,666,118 New
MIS
18
Morningstar Investment Services
Illinois
$55M +$25M +771,053 +97%
BNP Paribas Financial Markets
19
BNP Paribas Financial Markets
France
$51M -$2.85M -87,982 -6%
Rafferty Asset Management
20
Rafferty Asset Management
New York
$48.6M -$10.5M -325,764 -19%
JP Morgan Chase
21
JP Morgan Chase
New York
$47.9M -$6.37M -196,749 -13%
BlackRock
22
BlackRock
New York
$41.5M -$356 -11 -0%
Korea Investment Corp
23
Korea Investment Corp
South Korea
$40.7M +$1.22M +37,725 +3%
Barclays
24
Barclays
United Kingdom
$40.3M +$14.6M +450,798 +64%
VCMGDR
25
Vinland Capital Management Gestora de Recursos
Brazil
$39.7M +$100M +3,100,421 New

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.