iShares Currency Hedged MSCI Emerging Markets
HEEM
38 hedge funds and large institutions have $324M invested in iShares Currency Hedged MSCI Emerging Markets in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 10 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
5% more capital invested
Capital invested by funds: $308M → $324M (+$16.4M)
1.81% more ownership
Funds ownership: 76.41% → 78.23% (+1.8%)
3% less funds holding
Funds holding: 39 → 38 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.88M |
| 2 |
CCM
Coldstream Capital Management
Bellevue,
Washington
|
+$2.25M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.02M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.25M |
| 5 |
Jane Street
New York
|
+$646K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$5.88M |
| 2 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
-$4.94M |
| 3 |
RCWMU
Rothschild & Co Wealth Management (UK)
London,
United Kingdom
|
-$1.43M |
| 4 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$1.03M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$789K |
HEEM Hedge Fund Activity: Q4 2017 in Review
38 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Emerging Markets (HEEM) for Q4 2017, worth a combined $324M — up 5.3% from $308M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of HEEM and 9 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 13 added.
The largest buyer was Wells Fargo, adding an estimated $3.88M. The largest seller was Freestone Capital Holdings, exiting entirely with an estimated $5.88M sold.
- 38 institutional investors held iShares Currency Hedged MSCI Emerging Markets (HEEM) as of Q4 2017, down from 39 in Q3 2017.
- Funds reported $324M of iShares Currency Hedged MSCI Emerging Markets stock for Q4 2017, up 5.3% quarter-over-quarter.
- 9 funds opened new iShares Currency Hedged MSCI Emerging Markets positions in Q4 2017 and 10 closed out, a net change of -1 holder.
- The largest iShares Currency Hedged MSCI Emerging Markets buyer in Q4 2017 was Wells Fargo, an estimated $3.88M added.
- The largest iShares Currency Hedged MSCI Emerging Markets seller in Q4 2017 was Freestone Capital Holdings, an estimated $5.88M sold.
Based on aggregated 13F filings for Q4 2017.