iShares China Large-Cap ETF
334 hedge funds and large institutions have $3.52B invested in iShares China Large-Cap ETF in 2013 Q4 according to their latest regulatory filings, with 78 funds opening new positions, 71 increasing their positions, 121 reducing their positions, and 48 closing their positions.
63% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 48
20% more call options, than puts
Call options by funds: $3.44B | Put options by funds: $2.87B
15% more funds holding in top 10
Funds holding in top 10: 13 → 15 (+2)
8% more funds holding
Funds holding: 308 → 334 (+26)
24% less capital invested
Capital invested by funds: $4.63B → $3.52B (-$1.1B)
23.88% less ownership
Funds ownership: 82.22% → 58.34% (-24%)
41% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 121
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$137M |
| 2 |
BHCM
Brevan Howard Capital Management
St. Helier,
Jersey
|
+$103M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$70.9M |
| 4 |
MCM
Moore Capital Management
New York
|
+$57.3M |
| 5 |
ZDA
Zweig-DiMenna Associates
New York
|
+$48.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$942M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$260M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$112M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$101M |
| 5 |
Goldman Sachs
New York
|
-$90.5M |
FXI Hedge Fund Activity: Q4 2013 in Review
334 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iShares China Large-Cap ETF (FXI) for Q4 2013, worth a combined $3.52B — down 24% from $4.63B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new FXI positions and 48 closed out — a net gain of 30 holders — while 71 added to existing stakes and 121 trimmed.
The largest buyer was Credit Suisse, adding an estimated $137M. The largest seller was Morgan Stanley, cutting an estimated $942M.
- 334 institutional investors held iShares China Large-Cap ETF (FXI) as of Q4 2013, up from 308 in Q3 2013.
- Funds reported $3.52B of iShares China Large-Cap ETF stock for Q4 2013, down 24% quarter-over-quarter.
- 78 funds opened new iShares China Large-Cap ETF positions in Q4 2013 and 48 closed out, a net change of +30 holders.
- The largest iShares China Large-Cap ETF buyer in Q4 2013 was Credit Suisse, an estimated $137M added.
- The largest iShares China Large-Cap ETF seller in Q4 2013 was Morgan Stanley, an estimated $942M sold.
Based on aggregated 13F filings for Q4 2013.