iShares Currency Hedged MSCI Emerging Markets
HEEM
32 hedge funds and large institutions have $91.2M invested in iShares Currency Hedged MSCI Emerging Markets in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
3% more funds holding
Funds holding: 31 → 32 (+1)
0.03% more ownership
Funds ownership: 51.67% → 51.7% (+0.03%)
3% less capital invested
Capital invested by funds: $93.9M → $91.2M (-$2.65M)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$7.24M |
| 2 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$6.66M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.25M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$623K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$600K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
-$22M |
| 2 |
Morgan Stanley
New York
|
-$919K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$846K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$493K |
| 5 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
-$458K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFA
26
Virtus Fund Advisers
Hartford,
Connecticut
| $33K | – | – | – |
|
|
PG
27
Patten Group
Chattanooga,
Tennessee
| $28K | – | – | – |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $11K | – | – | – |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $6K | – | – | – |
|
|
BIM
30
BlackRock Investment Management
Wilmington,
Delaware
| $2K | -$458K | -21,110 | -100% |
|
|
IA
31
IFP Advisors
Tampa,
Florida
| $1K | – | – | – |
|
|
CWM
32
Concert Wealth Management
San Jose,
California
| $1K | +$1.19K | +55 | New |
|
|
FTUS
33
Flow Traders U.S.
New York
| – | -$437K | -21,048 | Closed |
|
34
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$222K | -10,694 | Closed |
|
35
US Bancorp
Minneapolis,
Minnesota
| – | -$61K | -2,911 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$23.9K | -1,101 | Closed |
|
HEEM Hedge Fund Activity: Q3 2016 in Review
32 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Emerging Markets (HEEM) for Q3 2016, worth a combined $91.2M — down 2.8% from $93.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new HEEM positions and 4 closed out — a net gain of 1 holder — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Jane Street, adding an estimated $7.24M. The largest seller was Wharton Business Group, cutting an estimated $22M.
- 32 institutional investors held iShares Currency Hedged MSCI Emerging Markets (HEEM) as of Q3 2016, up from 31 in Q2 2016.
- Funds reported $91.2M of iShares Currency Hedged MSCI Emerging Markets stock for Q3 2016, down 2.8% quarter-over-quarter.
- 5 funds opened new iShares Currency Hedged MSCI Emerging Markets positions in Q3 2016 and 4 closed out, a net change of +1 holder.
- The largest iShares Currency Hedged MSCI Emerging Markets buyer in Q3 2016 was Jane Street, an estimated $7.24M added.
- The largest iShares Currency Hedged MSCI Emerging Markets seller in Q3 2016 was Wharton Business Group, an estimated $22M sold.
Based on aggregated 13F filings for Q3 2016.