iShares Currency Hedged MSCI Emerging Markets
HEEM
37 hedge funds and large institutions have $52.6M invested in iShares Currency Hedged MSCI Emerging Markets in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 3 closing their positions.
0% more funds holding
Funds holding: 37 → 37 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
3.53% less ownership
Funds ownership: 41.81% → 38.29% (-3.5%)
8% less capital invested
Capital invested by funds: $56.9M → $52.6M (-$4.32M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TF
TIAA FSB
Jacksonville,
Florida
|
+$6.03M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$609K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$456K |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$281K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$219K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$10.4M |
| 2 |
Jane Street
New York
|
-$1.4M |
| 3 |
FA
Forefront Analytics
West Conshohocken,
Pennsylvania
|
-$421K |
| 4 |
LWP
Laurel Wealth Planning
Edina,
Minnesota
|
-$359K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$337K |
HEEM Hedge Fund Activity: Q1 2023 in Review
37 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Emerging Markets (HEEM) for Q1 2023, worth a combined $52.6M — down 7.6% from $56.9M a quarter earlier.
Fund positioning in HEEM was balanced in Q1 2023: 3 funds opened new positions, 3 closed out, 11 added to existing stakes and 12 trimmed.
The largest buyer was TIAA FSB, opening a new position worth an estimated $6.03M. The largest seller was Migdal Insurance & Financial Holdings, exiting entirely with an estimated $10.4M sold.
- 37 institutional investors held iShares Currency Hedged MSCI Emerging Markets (HEEM) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $52.6M of iShares Currency Hedged MSCI Emerging Markets stock for Q1 2023, down 7.6% quarter-over-quarter.
- 3 funds opened new iShares Currency Hedged MSCI Emerging Markets positions in Q1 2023 and 3 closed out, a net change of 0 holders.
- The largest iShares Currency Hedged MSCI Emerging Markets buyer in Q1 2023 was TIAA FSB, an estimated $6.03M added.
- The largest iShares Currency Hedged MSCI Emerging Markets seller in Q1 2023 was Migdal Insurance & Financial Holdings, an estimated $10.4M sold.
Based on aggregated 13F filings for Q1 2023.