iShares Currency Hedged MSCI EAFE ETF
HEFA
200 hedge funds and large institutions have $2.58B invested in iShares Currency Hedged MSCI EAFE ETF in 2018 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 35 increasing their positions, 103 reducing their positions, and 39 closing their positions.
3.53% more ownership
Funds ownership: 70.85% → 74.38% (+3.5%)
10% less funds holding
Funds holding: 221 → 200 (-21)
12% less capital invested
Capital invested by funds: $2.92B → $2.58B (-$340M)
41% less funds holding in top 10
Funds holding in top 10: 17 → 10 (-7)
54% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 39
66% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 103
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Madison Investment Holdings
Madison,
Wisconsin
|
+$25.4M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$20.3M |
| 3 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$11.7M |
| 4 |
KP
Keel Point
Huntsville,
Alabama
|
+$9.56M |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
+$6.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$62.5M |
| 2 |
PAS
Park Avenue Securities
New York
|
-$50.7M |
| 3 |
Morgan Stanley
New York
|
-$43.2M |
| 4 |
AF
Ally Financial
Detroit,
Michigan
|
-$37.6M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$30.4M |
HEFA Hedge Fund Activity: Q2 2018 in Review
200 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI EAFE ETF (HEFA) for Q2 2018, worth a combined $2.58B — down 12% from $2.92B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of HEFA and 18 opened new positions — a net loss of 21 holders — while 103 trimmed existing stakes and 35 added.
The largest buyer was Madison Investment Holdings, opening a new position worth an estimated $25.4M. The largest seller was LPL Financial, cutting an estimated $62.5M.
- 200 institutional investors held iShares Currency Hedged MSCI EAFE ETF (HEFA) as of Q2 2018, down from 221 in Q1 2018.
- Funds reported $2.58B of iShares Currency Hedged MSCI EAFE ETF stock for Q2 2018, down 12% quarter-over-quarter.
- 18 funds opened new iShares Currency Hedged MSCI EAFE ETF positions in Q2 2018 and 39 closed out, a net change of -21 holders.
- The largest iShares Currency Hedged MSCI EAFE ETF buyer in Q2 2018 was Madison Investment Holdings, an estimated $25.4M added.
- The largest iShares Currency Hedged MSCI EAFE ETF seller in Q2 2018 was LPL Financial, an estimated $62.5M sold.
Based on aggregated 13F filings for Q2 2018.