iShares Currency Hedged MSCI Emerging Markets
HEEM
36 hedge funds and large institutions have $64.3M invested in iShares Currency Hedged MSCI Emerging Markets in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% less funds holding
Funds holding: 37 → 36 (-1)
4.14% less ownership
Funds ownership: 48.15% → 44.01% (-4.1%)
28% less capital invested
Capital invested by funds: $89.9M → $64.3M (-$25.6M)
50% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.25M |
| 2 |
Morgan Stanley
New York
|
+$1.85M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
+$1.5M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$1.13M |
| 5 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FA
Forefront Analytics
West Conshohocken,
Pennsylvania
|
-$7.23M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$6.15M |
| 3 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$2.36M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.21M |
| 5 |
LPL Financial
San Diego,
California
|
-$988K |
HEEM Hedge Fund Activity: Q1 2020 in Review
36 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Emerging Markets (HEEM) for Q1 2020, worth a combined $64.3M — down 28% from $89.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new HEEM positions and 5 closed out — a net gain of 1 holder — while 7 added to existing stakes and 14 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $4.25M. The largest seller was Forefront Analytics, cutting an estimated $7.23M.
- 36 institutional investors held iShares Currency Hedged MSCI Emerging Markets (HEEM) as of Q1 2020, down from 37 in Q4 2019.
- Funds reported $64.3M of iShares Currency Hedged MSCI Emerging Markets stock for Q1 2020, down 28% quarter-over-quarter.
- 6 funds opened new iShares Currency Hedged MSCI Emerging Markets positions in Q1 2020 and 5 closed out, a net change of +1 holder.
- The largest iShares Currency Hedged MSCI Emerging Markets buyer in Q1 2020 was Susquehanna International Group, an estimated $4.25M added.
- The largest iShares Currency Hedged MSCI Emerging Markets seller in Q1 2020 was Forefront Analytics, an estimated $7.23M sold.
Based on aggregated 13F filings for Q1 2020.