iShares Currency Hedged MSCI Emerging Markets
HEEM
39 hedge funds and large institutions have $308M invested in iShares Currency Hedged MSCI Emerging Markets in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
52% more capital invested
Capital invested by funds: $203M → $308M (+$105M)
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
8% more funds holding
Funds holding: 36 → 39 (+3)
8.04% more ownership
Funds ownership: 68.37% → 76.41% (+8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$63.3M |
| 2 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$18.4M |
| 3 |
SFP
Shepherd Financial Partners
Winchester,
Massachusetts
|
+$4.26M |
| 4 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$2.45M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$772K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$1.48M |
| 2 |
AIP
Almanack Investment Partners
Wayne,
Pennsylvania
|
-$1.16M |
| 3 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$207K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$130K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$85.6K |
HEEM Hedge Fund Activity: Q3 2017 in Review
39 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Emerging Markets (HEEM) for Q3 2017, worth a combined $308M — up 52% from $203M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new HEEM positions and 2 closed out — a net gain of 3 holders — while 15 added to existing stakes and 12 trimmed.
The largest buyer was Migdal Insurance & Financial Holdings, adding an estimated $63.3M. The largest seller was Prudential Financial, cutting an estimated $1.48M.
- 39 institutional investors held iShares Currency Hedged MSCI Emerging Markets (HEEM) as of Q3 2017, up from 36 in Q2 2017.
- Funds reported $308M of iShares Currency Hedged MSCI Emerging Markets stock for Q3 2017, up 52% quarter-over-quarter.
- 5 funds opened new iShares Currency Hedged MSCI Emerging Markets positions in Q3 2017 and 2 closed out, a net change of +3 holders.
- The largest iShares Currency Hedged MSCI Emerging Markets buyer in Q3 2017 was Migdal Insurance & Financial Holdings, an estimated $63.3M added.
- The largest iShares Currency Hedged MSCI Emerging Markets seller in Q3 2017 was Prudential Financial, an estimated $1.48M sold.
Based on aggregated 13F filings for Q3 2017.