iShares MSCI South Africa ETF
EZA
86 hedge funds and large institutions have $359M invested in iShares MSCI South Africa ETF in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 19 increasing their positions, 30 reducing their positions, and 10 closing their positions.
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
13% more funds holding
Funds holding: 76 → 86 (+10)
12.63% less ownership
Funds ownership: 101.51% → 88.87% (-13%)
15% less capital invested
Capital invested by funds: $420M → $359M (-$61.5M)
37% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 30
76% less call options, than puts
Call options by funds: $6.82M | Put options by funds: $28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$13.2M |
| 2 |
SO
STRS Ohio
Columbus,
Ohio
|
+$12.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$7.51M |
| 4 |
Morgan Stanley
New York
|
+$7.51M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$3.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$55.8M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$18.4M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.53M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$5.39M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$4.91M |
EZA Hedge Fund Activity: Q4 2018 in Review
86 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI South Africa ETF (EZA) for Q4 2018, worth a combined $359M — down 15% from $420M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new EZA positions and 10 closed out — a net gain of 11 holders — while 19 added to existing stakes and 30 trimmed.
The largest buyer was CI Investments Inc, opening a new position worth an estimated $13.2M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $55.8M.
- 86 institutional investors held iShares MSCI South Africa ETF (EZA) as of Q4 2018, up from 76 in Q3 2018.
- Funds reported $359M of iShares MSCI South Africa ETF stock for Q4 2018, down 15% quarter-over-quarter.
- 21 funds opened new iShares MSCI South Africa ETF positions in Q4 2018 and 10 closed out, a net change of +11 holders.
- The largest iShares MSCI South Africa ETF buyer in Q4 2018 was CI Investments Inc, an estimated $13.2M added.
- The largest iShares MSCI South Africa ETF seller in Q4 2018 was Manulife (Manufacturers Life Insurance), an estimated $55.8M sold.
Based on aggregated 13F filings for Q4 2018.