iShares Currency Hedged MSCI Canada ETF
HEWC
HEWC was delisted on the 30th of October, 2023.
8 hedge funds and large institutions have $4.8M invested in iShares Currency Hedged MSCI Canada ETF in 2021 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 4 closing their positions.
7% less capital invested
Capital invested by funds: $5.15M → $4.8M (-$343K)
27% less funds holding
Funds holding: 11 → 8 (-3)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$238K |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$177K |
| 3 |
Jane Street
New York
|
+$151K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$1.09M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$96K |
| 3 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
-$29.9K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$23K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$22.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
CIBC World Market
Toronto,
Ontario, Canada
| $1.35M | +$177K | +6,197 | +16% |
|
|
PCH
2
PGIM Custom Harvest
Newark,
New Jersey
| $1.24M | -$29.9K | -1,046 | -2% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $897K | -$22.5K | -787 | -3% |
|
|
4
Jane Street
New York
| $537K | +$151K | +5,288 | +41% |
|
|
KPW
5
Kore Private Wealth
New York
| $291K | – | – | – |
|
|
6
Citadel Advisors
Miami,
Florida
| $246K | +$238K | +8,353 | New |
|
7
Bank of America
Charlotte,
North Carolina
| $137K | – | – | – |
|
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $106K | -$23K | -806 | -18% |
|
|
FTUS
9
Flow Traders U.S.
New York
| – | -$1.09M | -40,274 | Closed |
|
|
10
UBS Group
Zurich,
Switzerland
| – | -$96K | -3,550 | Closed |
|
|
FDCDDQ
11
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$21.6K | -800 | Closed |
|
12
Wells Fargo
San Francisco,
California
| – | -$29 | -1 | Closed |
|
HEWC Hedge Fund Activity: Q1 2021 in Review
8 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Canada ETF (HEWC) for Q1 2021, worth a combined $4.8M — down 6.7% from $5.15M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of HEWC and 1 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $238K. The largest seller was Flow Traders U.S., exiting entirely with an estimated $1.09M sold.
- 8 institutional investors held iShares Currency Hedged MSCI Canada ETF (HEWC) as of Q1 2021, down from 11 in Q4 2020.
- Funds reported $4.8M of iShares Currency Hedged MSCI Canada ETF stock for Q1 2021, down 6.7% quarter-over-quarter.
- 1 fund opened new iShares Currency Hedged MSCI Canada ETF positions in Q1 2021 and 4 closed out, a net change of -3 holders.
- The largest iShares Currency Hedged MSCI Canada ETF buyer in Q1 2021 was Citadel Advisors, an estimated $238K added.
- The largest iShares Currency Hedged MSCI Canada ETF seller in Q1 2021 was Flow Traders U.S., an estimated $1.09M sold.
Based on aggregated 13F filings for Q1 2021.