iShares China Large-Cap ETF
FXI
308 hedge funds and large institutions have $4.63B invested in iShares China Large-Cap ETF in 2013 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 71 increasing their positions, 118 reducing their positions, and 39 closing their positions.
62% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 39
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
7% more funds holding
Funds holding: 288 → 308 (+20)
1% less capital invested
Capital invested by funds: $4.68B → $4.63B (-$48.7M)
8.25% less ownership
Funds ownership: 90.47% → 82.22% (-8.2%)
40% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 118
56% less call options, than puts
Call options by funds: $1.92B | Put options by funds: $4.34B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$249M |
| 2 |
SG Americas Securities
New York
|
+$75.9M |
| 3 |
Goldman Sachs
New York
|
+$72M |
| 4 |
MCM
Moore Capital Management
New York
|
+$35.5M |
| 5 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$23.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$170M |
| 2 |
Barclays
London,
United Kingdom
|
-$133M |
| 3 |
Morgan Stanley
New York
|
-$132M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$126M |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$121M |
FXI Hedge Fund Activity: Q3 2013 in Review
308 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in iShares China Large-Cap ETF (FXI) for Q3 2013, worth a combined $4.63B — down 1% from $4.68B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new FXI positions and 39 closed out — a net gain of 24 holders — while 71 added to existing stakes and 118 trimmed.
The largest buyer was Discovery Capital Management, opening a new position worth an estimated $249M. The largest seller was Susquehanna International Group, cutting an estimated $170M.
- 308 institutional investors held iShares China Large-Cap ETF (FXI) as of Q3 2013, up from 288 in Q2 2013.
- Funds reported $4.63B of iShares China Large-Cap ETF stock for Q3 2013, down 1% quarter-over-quarter.
- 63 funds opened new iShares China Large-Cap ETF positions in Q3 2013 and 39 closed out, a net change of +24 holders.
- The largest iShares China Large-Cap ETF buyer in Q3 2013 was Discovery Capital Management, an estimated $249M added.
- The largest iShares China Large-Cap ETF seller in Q3 2013 was Susquehanna International Group, an estimated $170M sold.
Based on aggregated 13F filings for Q3 2013.