iShares Currency Hedged MSCI Emerging Markets
HEEM
32 hedge funds and large institutions have $114M invested in iShares Currency Hedged MSCI Emerging Markets in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 6 closing their positions.
0% more funds holding
Funds holding: 32 → 32 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
7.66% less ownership
Funds ownership: 65.19% → 57.53% (-7.7%)
18% less capital invested
Capital invested by funds: $138M → $114M (-$24.6M)
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.63M |
| 2 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
+$4.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.34M |
| 4 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$1.13M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$559K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Coldstream Capital Management
Bellevue,
Washington
|
-$16.6M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$16.1M |
| 3 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
-$2.67M |
| 4 |
Jane Street
New York
|
-$1.84M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.72M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFA
26
Virtus Fund Advisers
Hartford,
Connecticut
| $33K | -$111K | -5,739 | -78% |
|
|
PG
27
Patten Group
Chattanooga,
Tennessee
| $26.4K | – | – | – |
|
28
US Bancorp
Minneapolis,
Minnesota
| $17K | +$12.4K | +640 | +340% |
|
|
DADC
29
D.A. Davidson & Co
Great Falls,
Montana
| $9K | +$8.57K | +443 | New |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $7K | -$1.95K | -101 | -21% |
|
|
RBC
31
Roble Belko & Company
Sewickley,
Pennsylvania
| $3K | +$2.53K | +131 | New |
|
|
ATC
32
Adirondack Trust Company
Saratoga Springs,
New York
| $2K | +$1.84K | +95 | New |
|
|
33
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$1.72M | -86,100 | Closed |
|
|
CFA
34
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$640K | -32,011 | Closed |
|
35
JP Morgan Chase
New York
| – | -$95K | -4,739 | Closed |
|
|
EWM
36
Evercore Wealth Management
New York
| – | -$29K | -1,441 | Closed |
|
|
HT
37
Hefren-Tillotson
Pittsburgh,
Pennsylvania
| – | -$2K | -133 | Closed |
|
|
IA
38
IFP Advisors
Tampa,
Florida
| – | -$1K | -60 | Closed |
|
HEEM Hedge Fund Activity: Q1 2016 in Review
32 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Emerging Markets (HEEM) for Q1 2016, worth a combined $114M — down 18% from $138M a quarter earlier.
Fund positioning in HEEM was balanced in Q1 2016: 6 funds opened new positions, 6 closed out, 9 added to existing stakes and 16 trimmed.
The largest buyer was Bank of America, adding an estimated $5.63M. The largest seller was Coldstream Capital Management, cutting an estimated $16.6M.
- 32 institutional investors held iShares Currency Hedged MSCI Emerging Markets (HEEM) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $114M of iShares Currency Hedged MSCI Emerging Markets stock for Q1 2016, down 18% quarter-over-quarter.
- 6 funds opened new iShares Currency Hedged MSCI Emerging Markets positions in Q1 2016 and 6 closed out, a net change of 0 holders.
- The largest iShares Currency Hedged MSCI Emerging Markets buyer in Q1 2016 was Bank of America, an estimated $5.63M added.
- The largest iShares Currency Hedged MSCI Emerging Markets seller in Q1 2016 was Coldstream Capital Management, an estimated $16.6M sold.
Based on aggregated 13F filings for Q1 2016.