iShares Currency Hedged MSCI Emerging Markets
HEEM
38 hedge funds and large institutions have $314M invested in iShares Currency Hedged MSCI Emerging Markets in 2018 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
0% more funds holding
Funds holding: 38 → 38 (0)
3% less capital invested
Capital invested by funds: $324M → $314M (-$9.84M)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
1.5% less ownership
Funds ownership: 78.23% → 76.72% (-1.5%)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$7.36M |
| 2 |
Goldman Sachs
New York
|
+$1.65M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.48M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$517K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$399K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFP
Shepherd Financial Partners
Winchester,
Massachusetts
|
-$10.8M |
| 2 |
CCM
Coldstream Capital Management
Bellevue,
Washington
|
-$4.35M |
| 3 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$3.01M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$2.13M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$1.38M |
HEEM Hedge Fund Activity: Q1 2018 in Review
38 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Emerging Markets (HEEM) for Q1 2018, worth a combined $314M — down 3% from $324M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new HEEM positions and 5 closed out — a net gain of 1 holder — while 13 added to existing stakes and 14 trimmed.
The largest buyer was Migdal Insurance & Financial Holdings, adding an estimated $7.36M. The largest seller was Shepherd Financial Partners, exiting entirely with an estimated $10.8M sold.
- 38 institutional investors held iShares Currency Hedged MSCI Emerging Markets (HEEM) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $314M of iShares Currency Hedged MSCI Emerging Markets stock for Q1 2018, down 3% quarter-over-quarter.
- 6 funds opened new iShares Currency Hedged MSCI Emerging Markets positions in Q1 2018 and 5 closed out, a net change of +1 holder.
- The largest iShares Currency Hedged MSCI Emerging Markets buyer in Q1 2018 was Migdal Insurance & Financial Holdings, an estimated $7.36M added.
- The largest iShares Currency Hedged MSCI Emerging Markets seller in Q1 2018 was Shepherd Financial Partners, an estimated $10.8M sold.
Based on aggregated 13F filings for Q1 2018.