iShares Currency Hedged MSCI Emerging Markets
HEEM
36 hedge funds and large institutions have $203M invested in iShares Currency Hedged MSCI Emerging Markets in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
6% more funds holding
Funds holding: 34 → 36 (+2)
1.34% less ownership
Funds ownership: 69.72% → 68.37% (-1.3%)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
26% less capital inflows, than outflows
Capital inflows: $8.77M | Capital outflows: $11.8M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Freestone Capital Holdings
Seattle,
Washington
|
+$3.09M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$1.89M |
| 3 |
Almanack Investment Partners
Wayne,
Pennsylvania
|
+$1.14M |
| 4 |
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$680K |
| 5 |
Shepherd Financial Partners
Winchester,
Massachusetts
|
+$474K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Israel Discount Bank of New York
New York
|
-$6.93M |
| 2 |
Morgan Stanley
New York
|
-$1.47M |
| 3 |
Jane Street
New York
|
-$710K |
| 4 |
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$546K |
| 5 |
Aviance Capital Management
Sarasota,
Florida
|
-$457K |
HEEM Hedge Fund Activity: Q2 2017 in Review
36 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Emerging Markets (HEEM) for Q2 2017, worth a combined $203M — up 4.3% from $194M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new HEEM positions and 5 closed out — a net gain of 2 holders — while 10 added to existing stakes and 13 trimmed.
The largest buyer was Freestone Capital Holdings, opening a new position worth an estimated $3.09M. The largest seller was Israel Discount Bank of New York, cutting an estimated $6.93M.
- 36 institutional investors held iShares Currency Hedged MSCI Emerging Markets (HEEM) as of Q2 2017, up from 34 in Q1 2017.
- Funds reported $203M of iShares Currency Hedged MSCI Emerging Markets stock for Q2 2017, up 4.3% quarter-over-quarter.
- 7 funds opened new iShares Currency Hedged MSCI Emerging Markets positions in Q2 2017 and 5 closed out, a net change of +2 holders.
- The largest iShares Currency Hedged MSCI Emerging Markets buyer in Q2 2017 was Freestone Capital Holdings, an estimated $3.09M added.
- The largest iShares Currency Hedged MSCI Emerging Markets seller in Q2 2017 was Israel Discount Bank of New York, an estimated $6.93M sold.
Based on aggregated 13F filings for Q2 2017.