iShares MSCI South Africa ETF
EZA
72 hedge funds and large institutions have $290M invested in iShares MSCI South Africa ETF in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 24 reducing their positions, and 13 closing their positions.
2.51% less ownership
Funds ownership: 99.61% → 97.1% (-2.5%)
10% less funds holding
Funds holding: 80 → 72 (-8)
19% less capital invested
Capital invested by funds: $359M → $290M (-$68.6M)
21% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 24
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
76% less call options, than puts
Call options by funds: $1.31M | Put options by funds: $5.38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$4.06M |
| 2 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$2.94M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.47M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.57M |
| 5 |
JP Morgan Chase
New York
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$21.7M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.59M |
| 3 |
BBVA
Banco Bilbao Vizcaya Argentaria
Madrid,
Spain
|
-$8.17M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$6.13M |
| 5 |
SC
Sepio Capital
Salt Lake City,
Utah
|
-$3.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RVM
76
Robinson Value Management
San Antonio,
Texas
| – | -$706K | -16,714 | Closed |
|
77
Renaissance Technologies
New York
| – | -$435K | -10,300 | Closed |
|
|
AGA
78
Accuvest Global Advisors
Provo,
Utah
| – | -$325K | -7,703 | Closed |
|
|
IUHSA
79
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
| – | -$201K | -4,756 | Closed |
|
|
AI
80
AXS Investments
Port Chester,
New York
| – | -$28.5K | -675 | Closed |
|
|
PMFA
81
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$9.89K | -234 | Closed |
|
82
William Blair & Company
Chicago,
Illinois
| – | -$7.01K | -166 | Closed |
|
|
FWP
83
FAS Wealth Partners
Leawood,
Kansas
| – | -$2.2K | -52 | Closed |
|
EZA Hedge Fund Activity: Q2 2023 in Review
72 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI South Africa ETF (EZA) for Q2 2023, worth a combined $290M — down 19% from $359M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of EZA and 5 opened new positions — a net loss of 8 holders — while 24 trimmed existing stakes and 19 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $4.06M. The largest seller was Jane Street, cutting an estimated $21.7M.
- 72 institutional investors held iShares MSCI South Africa ETF (EZA) as of Q2 2023, down from 80 in Q1 2023.
- Funds reported $290M of iShares MSCI South Africa ETF stock for Q2 2023, down 19% quarter-over-quarter.
- 5 funds opened new iShares MSCI South Africa ETF positions in Q2 2023 and 13 closed out, a net change of -8 holders.
- The largest iShares MSCI South Africa ETF buyer in Q2 2023 was Millennium Management, an estimated $4.06M added.
- The largest iShares MSCI South Africa ETF seller in Q2 2023 was Jane Street, an estimated $21.7M sold.
Based on aggregated 13F filings for Q2 2023.