iShares MSCI South Africa ETF
EZA
81 hedge funds and large institutions have $356M invested in iShares MSCI South Africa ETF in 2017 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 28 reducing their positions, and 26 closing their positions.
3% less capital invested
Capital invested by funds: $365M → $356M (-$9.21M)
4% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 28
3.21% less ownership
Funds ownership: 90.73% → 87.52% (-3.2%)
16% less funds holding
Funds holding: 97 → 81 (-16)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
62% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 26
96% less call options, than puts
Call options by funds: $1.61M | Put options by funds: $38.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$11.4M |
| 2 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$10.8M |
| 3 |
SG Americas Securities
New York
|
+$7.52M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.39M |
| 5 |
CA
Cambridge Associates
Boston,
Massachusetts
|
+$5.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Argentiere Capital
Zug,
Switzerland
|
-$14.7M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$9.87M |
| 3 |
GI
Glovista Investments
Jersey City,
New Jersey
|
-$9.42M |
| 4 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$6.18M |
| 5 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$5.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$13K | -235 | Closed |
|
|
IPC
102
Independent Portfolio Consultants
Boca Raton,
Florida
| – | -$10K | -180 | Closed |
|
103
Simplex Trading
Chicago,
Illinois
| – | -$9K | -177 | Closed |
|
|
AP
104
Advisors Preferred
Rockville,
Maryland
| – | -$4 | -79 | Closed |
|
|
BIG
105
Bellwether Investment Group
Chattanooga,
Tennessee
| – | -$2K | -38 | Closed |
|
106
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$1K | -15 | Closed |
|
EZA Hedge Fund Activity: Q2 2017 in Review
81 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI South Africa ETF (EZA) for Q2 2017, worth a combined $356M — down 2.5% from $365M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of EZA and 10 opened new positions — a net loss of 16 holders — while 28 trimmed existing stakes and 27 added.
The largest buyer was Goldman Sachs, adding an estimated $11.4M. The largest seller was Argentiere Capital, exiting entirely with an estimated $14.7M sold.
- 81 institutional investors held iShares MSCI South Africa ETF (EZA) as of Q2 2017, down from 97 in Q1 2017.
- Funds reported $356M of iShares MSCI South Africa ETF stock for Q2 2017, down 2.5% quarter-over-quarter.
- 10 funds opened new iShares MSCI South Africa ETF positions in Q2 2017 and 26 closed out, a net change of -16 holders.
- The largest iShares MSCI South Africa ETF buyer in Q2 2017 was Goldman Sachs, an estimated $11.4M added.
- The largest iShares MSCI South Africa ETF seller in Q2 2017 was Argentiere Capital, an estimated $14.7M sold.
Based on aggregated 13F filings for Q2 2017.