iShares MSCI South Africa ETF
EZA
76 hedge funds and large institutions have $360M invested in iShares MSCI South Africa ETF in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 28 reducing their positions, and 30 closing their positions.
9.35% more ownership
Funds ownership: 85.43% → 94.78% (+9.4%)
19% less capital invested
Capital invested by funds: $445M → $360M (-$85.3M)
20% less funds holding
Funds holding: 95 → 76 (-19)
21% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 28
60% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 30
69% less call options, than puts
Call options by funds: $10.1M | Put options by funds: $32.9M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$42.2M |
| 2 |
Jane Street
New York
|
+$9.58M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.83M |
| 4 |
Morgan Stanley
New York
|
+$4.56M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$16.2M |
| 2 |
GI
Glovista Investments
Jersey City,
New Jersey
|
-$12.8M |
| 3 |
AC
AFAM Capital
Austin,
Texas
|
-$9.19M |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
-$6.8M |
| 5 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$5.01M |
EZA Hedge Fund Activity: Q2 2018 in Review
76 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI South Africa ETF (EZA) for Q2 2018, worth a combined $360M — down 19% from $445M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of EZA and 12 opened new positions — a net loss of 18 holders — while 28 trimmed existing stakes and 22 added.
The largest buyer was Manulife (Manufacturers Life Insurance), opening a new position worth an estimated $42.2M. The largest seller was Hexavest, cutting an estimated $16.2M.
- 76 institutional investors held iShares MSCI South Africa ETF (EZA) as of Q2 2018, down from 95 in Q1 2018.
- Funds reported $360M of iShares MSCI South Africa ETF stock for Q2 2018, down 19% quarter-over-quarter.
- 12 funds opened new iShares MSCI South Africa ETF positions in Q2 2018 and 30 closed out, a net change of -18 holders.
- The largest iShares MSCI South Africa ETF buyer in Q2 2018 was Manulife (Manufacturers Life Insurance), an estimated $42.2M added.
- The largest iShares MSCI South Africa ETF seller in Q2 2018 was Hexavest, an estimated $16.2M sold.
Based on aggregated 13F filings for Q2 2018.