Global X MSCI Greece ETF
GREK
35 hedge funds and large institutions have $43.8M invested in Global X MSCI Greece ETF in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 13 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.69% less ownership
Funds ownership: 9.21% → 7.52% (-1.7%)
17% less funds holding
Funds holding: 42 → 35 (-7)
45% less capital invested
Capital invested by funds: $79M → $43.8M (-$35.2M)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
73% less call options, than puts
Call options by funds: $1.83M | Put options by funds: $6.71M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.34M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.09M |
| 3 |
Jane Street
New York
|
+$816K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$597K |
| 5 |
SG Americas Securities
New York
|
+$596K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Glovista Investments
Jersey City,
New Jersey
|
-$9.2M |
| 2 |
Lazard Asset Management
New York
|
-$4.6M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.32M |
| 4 |
MLM
Mount Lucas Management
Newtown,
Pennsylvania
|
-$2.85M |
| 5 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$2.6M |
GREK Hedge Fund Activity: Q3 2014 in Review
35 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Greece ETF (GREK) for Q3 2014, worth a combined $43.8M — down 45% from $79M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of GREK and 6 opened new positions — a net loss of 7 holders — while 8 trimmed existing stakes and 14 added.
The largest buyer was Susquehanna International Group, adding an estimated $2.34M. The largest seller was Glovista Investments, exiting entirely with an estimated $9.2M sold.
- 35 institutional investors held Global X MSCI Greece ETF (GREK) as of Q3 2014, down from 42 in Q2 2014.
- Funds reported $43.8M of Global X MSCI Greece ETF stock for Q3 2014, down 45% quarter-over-quarter.
- 6 funds opened new Global X MSCI Greece ETF positions in Q3 2014 and 13 closed out, a net change of -7 holders.
- The largest Global X MSCI Greece ETF buyer in Q3 2014 was Susquehanna International Group, an estimated $2.34M added.
- The largest Global X MSCI Greece ETF seller in Q3 2014 was Glovista Investments, an estimated $9.2M sold.
Based on aggregated 13F filings for Q3 2014.