iShares MSCI South Africa ETF
EZA
65 hedge funds and large institutions have $282M invested in iShares MSCI South Africa ETF in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 14 closing their positions.
6.28% more ownership
Funds ownership: 49.74% → 56.02% (+6.3%)
0% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 14
2% less funds holding
Funds holding: 66 → 65 (-1)
12% less capital invested
Capital invested by funds: $321M → $282M (-$39.1M)
19% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 21
28% less call options, than puts
Call options by funds: $3.13M | Put options by funds: $4.36M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
+$9M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$5.63M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.29M |
| 4 |
SG Americas Securities
New York
|
+$2.23M |
| 5 |
Korea Investment Corp
Seoul,
South Korea
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$24.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$10M |
| 3 |
Morgan Stanley
New York
|
-$8.68M |
| 4 |
GH
GAM Holding
Zurich,
Switzerland
|
-$6.52M |
| 5 |
MLM
Mount Lucas Management
Newtown,
Pennsylvania
|
-$4.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GFM
76
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$247K | -3,900 | Closed |
|
|
AG
77
Ashmore Group
London,
United Kingdom
| – | -$242K | -3,823 | Closed |
|
78
Creative Planning
Overland Park,
Kansas
| – | -$13K | -200 | Closed |
|
79
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -51 | Closed |
|
EZA Hedge Fund Activity: Q4 2013 in Review
65 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI South Africa ETF (EZA) for Q4 2013, worth a combined $282M — down 12% from $321M a quarter earlier.
Fund positioning in EZA was balanced in Q4 2013: 14 funds opened new positions, 14 closed out, 17 added to existing stakes and 21 trimmed.
The largest buyer was Bluefin Capital Management, opening a new position worth an estimated $9M. The largest seller was Jane Street, cutting an estimated $24.3M.
- 65 institutional investors held iShares MSCI South Africa ETF (EZA) as of Q4 2013, down from 66 in Q3 2013.
- Funds reported $282M of iShares MSCI South Africa ETF stock for Q4 2013, down 12% quarter-over-quarter.
- 14 funds opened new iShares MSCI South Africa ETF positions in Q4 2013 and 14 closed out, a net change of 0 holders.
- The largest iShares MSCI South Africa ETF buyer in Q4 2013 was Bluefin Capital Management, an estimated $9M added.
- The largest iShares MSCI South Africa ETF seller in Q4 2013 was Jane Street, an estimated $24.3M sold.
Based on aggregated 13F filings for Q4 2013.