iShares Currency Hedged MSCI Emerging Markets
HEEM
42 hedge funds and large institutions have $294M invested in iShares Currency Hedged MSCI Emerging Markets in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
11% more funds holding
Funds holding: 38 → 42 (+4)
2.49% more ownership
Funds ownership: 76.72% → 79.21% (+2.5%)
6% less capital invested
Capital invested by funds: $314M → $294M (-$20M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$13.7M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$3.68M |
| 3 |
Jane Street
New York
|
+$2.82M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$2.28M |
| 5 |
Goldman Sachs
New York
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$28.4M |
| 2 |
FF
Fluent Financial
Dallas,
Texas
|
-$1.7M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$508K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$473K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$392K |
HEEM Hedge Fund Activity: Q2 2018 in Review
42 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Emerging Markets (HEEM) for Q2 2018, worth a combined $294M — down 6.4% from $314M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new HEEM positions and 5 closed out — a net gain of 4 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Migdal Insurance & Financial Holdings, adding an estimated $13.7M. The largest seller was Janney Capital Management, cutting an estimated $28.4M.
- 42 institutional investors held iShares Currency Hedged MSCI Emerging Markets (HEEM) as of Q2 2018, up from 38 in Q1 2018.
- Funds reported $294M of iShares Currency Hedged MSCI Emerging Markets stock for Q2 2018, down 6.4% quarter-over-quarter.
- 9 funds opened new iShares Currency Hedged MSCI Emerging Markets positions in Q2 2018 and 5 closed out, a net change of +4 holders.
- The largest iShares Currency Hedged MSCI Emerging Markets buyer in Q2 2018 was Migdal Insurance & Financial Holdings, an estimated $13.7M added.
- The largest iShares Currency Hedged MSCI Emerging Markets seller in Q2 2018 was Janney Capital Management, an estimated $28.4M sold.
Based on aggregated 13F filings for Q2 2018.