iShares Currency Hedged MSCI Emerging Markets
HEEM
33 hedge funds and large institutions have $77.7M invested in iShares Currency Hedged MSCI Emerging Markets in 2020 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 5 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
9% more capital invested
Capital invested by funds: $71.2M → $77.7M (+$6.48M)
0.92% more ownership
Funds ownership: 39.52% → 40.44% (+0.92%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 35 → 33 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$1.51M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$923K |
| 3 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
+$623K |
| 4 |
PG
Patten Group
Chattanooga,
Tennessee
|
+$397K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$335K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
-$6.66M |
| 2 |
Jane Street
New York
|
-$841K |
| 3 |
CCM
Coldstream Capital Management
Bellevue,
Washington
|
-$471K |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$466K |
| 5 |
FA
Forefront Analytics
West Conshohocken,
Pennsylvania
|
-$407K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
LPL Financial
San Diego,
California
| $385K | +$4.74K | +163 | +1% |
|
27
Bank of Montreal
Toronto,
Ontario, Canada
| $298K | +$112K | +3,850 | +72% |
|
28
UBS Group
Zurich,
Switzerland
| $198K | -$68.2K | -2,348 | -27% |
|
|
FDCDDQ
29
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $103K | – | – | – |
|
30
Fifth Third Bancorp
Cincinnati,
Ohio
| $18K | – | – | – |
|
31
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | +$29 | +1 | +2% |
|
|
SPIA
32
Steward Partners Investment Advisory
New York
| $2K | +$2.33K | +80 | New |
|
|
AAS
33
Avantax Advisory Services
Dallas,
Texas
| – | -$466K | -17,150 | Closed |
|
|
RJA
34
Raymond James & Associates
St Petersburg,
Florida
| – | -$266K | -9,815 | Closed |
|
35
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$235K | -8,663 | Closed |
|
|
GFPC
36
Global Financial Private Client
Sarasota,
Florida
| – | -$11.9K | -438 | Closed |
|
|
FHA
37
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$3K | -127 | Closed |
|
38
Fidelity Investments
Boston,
Massachusetts
| – | +$29 | +1 | New |
|
HEEM Hedge Fund Activity: Q4 2020 in Review
33 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Emerging Markets (HEEM) for Q4 2020, worth a combined $77.7M — up 9.1% from $71.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of HEEM and 4 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 14 added.
The largest buyer was Migdal Insurance & Financial Holdings, adding an estimated $1.51M. The largest seller was Wharton Business Group, cutting an estimated $6.66M.
- 33 institutional investors held iShares Currency Hedged MSCI Emerging Markets (HEEM) as of Q4 2020, down from 35 in Q3 2020.
- Funds reported $77.7M of iShares Currency Hedged MSCI Emerging Markets stock for Q4 2020, up 9.1% quarter-over-quarter.
- 4 funds opened new iShares Currency Hedged MSCI Emerging Markets positions in Q4 2020 and 5 closed out, a net change of -1 holder.
- The largest iShares Currency Hedged MSCI Emerging Markets buyer in Q4 2020 was Migdal Insurance & Financial Holdings, an estimated $1.51M added.
- The largest iShares Currency Hedged MSCI Emerging Markets seller in Q4 2020 was Wharton Business Group, an estimated $6.66M sold.
Based on aggregated 13F filings for Q4 2020.