iShares Currency Hedged MSCI Emerging Markets
HEEM
37 hedge funds and large institutions have $95.2M invested in iShares Currency Hedged MSCI Emerging Markets in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 8 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 10
3.74% more ownership
Funds ownership: 49.24% → 52.98% (+3.7%)
13% less capital invested
Capital invested by funds: $110M → $95.2M (-$14.6M)
14% less funds holding
Funds holding: 43 → 37 (-6)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FA
Forefront Analytics
West Conshohocken,
Pennsylvania
|
+$3.76M |
| 2 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$1.22M |
| 3 |
LPL Financial
San Diego,
California
|
+$740K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$464K |
| 5 |
Jane Street
New York
|
+$426K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$8.39M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$4.05M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.03M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.13M |
| 5 |
Goldman Sachs
New York
|
-$1.02M |
HEEM Hedge Fund Activity: Q3 2019 in Review
37 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Emerging Markets (HEEM) for Q3 2019, worth a combined $95.2M — down 13% from $110M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of HEEM and 2 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 18 added.
The largest buyer was Forefront Analytics, adding an estimated $3.76M. The largest seller was Credit Suisse, exiting entirely with an estimated $8.39M sold.
- 37 institutional investors held iShares Currency Hedged MSCI Emerging Markets (HEEM) as of Q3 2019, down from 43 in Q2 2019.
- Funds reported $95.2M of iShares Currency Hedged MSCI Emerging Markets stock for Q3 2019, down 13% quarter-over-quarter.
- 2 funds opened new iShares Currency Hedged MSCI Emerging Markets positions in Q3 2019 and 8 closed out, a net change of -6 holders.
- The largest iShares Currency Hedged MSCI Emerging Markets buyer in Q3 2019 was Forefront Analytics, an estimated $3.76M added.
- The largest iShares Currency Hedged MSCI Emerging Markets seller in Q3 2019 was Credit Suisse, an estimated $8.39M sold.
Based on aggregated 13F filings for Q3 2019.