iShares Currency Hedged MSCI Canada ETF
HEWC
HEWC was delisted on the 30th of October, 2023.
10 hedge funds and large institutions have $6.93M invested in iShares Currency Hedged MSCI Canada ETF in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 2 closing their positions.
9% less funds holding
Funds holding: 11 → 10 (-1)
10% less capital invested
Capital invested by funds: $7.65M → $6.93M (-$727K)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$355K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$143K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.03K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$672K |
| 2 |
Jane Street
New York
|
-$251K |
| 3 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
-$105K |
| 4 |
TWC
TD Waterhouse Canada
Toronto,
Ontario, Canada
|
-$5.14K |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$122 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Osaic Holdings
Scottsdale,
Arizona
| $1.4M | +$143K | +4,692 | +11% |
|
2
CIBC World Market
Toronto,
Ontario, Canada
| $1.31M | – | – | – |
|
3
Bank of Montreal
Toronto,
Ontario, Canada
| $991K | – | – | – |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $983K | -$672K | -22,098 | -40% |
|
|
PCH
5
PGIM Custom Harvest
Newark,
New Jersey
| $946K | -$105K | -3,450 | -10% |
|
|
6
National Bank of Canada
Montreal,
Quebec, Canada
| $541K | -$122 | -4 | -0% |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $347K | +$355K | +11,661 | New |
|
|
TWC
8
TD Waterhouse Canada
Toronto,
Ontario, Canada
| $263K | -$5.14K | -169 | -2% |
|
9
Bank of America
Charlotte,
North Carolina
| $135K | – | – | – |
|
|
10
UBS Group
Zurich,
Switzerland
| $1.13K | +$1.03K | +34 | +850% |
|
11
Wells Fargo
San Francisco,
California
| $6 | -$30 | -1 | Closed |
|
|
12
Jane Street
New York
| – | -$251K | -8,185 | Closed |
|
HEWC Hedge Fund Activity: Q3 2023 in Review
10 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Canada ETF (HEWC) for Q3 2023, worth a combined $6.93M — down 9.5% from $7.65M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of HEWC and 1 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 2 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $355K. The largest seller was Royal Bank of Canada, cutting an estimated $672K.
- 10 institutional investors held iShares Currency Hedged MSCI Canada ETF (HEWC) as of Q3 2023, down from 11 in Q2 2023.
- Funds reported $6.93M of iShares Currency Hedged MSCI Canada ETF stock for Q3 2023, down 9.5% quarter-over-quarter.
- 1 fund opened new iShares Currency Hedged MSCI Canada ETF positions in Q3 2023 and 2 closed out, a net change of -1 holder.
- The largest iShares Currency Hedged MSCI Canada ETF buyer in Q3 2023 was Susquehanna International Group, an estimated $355K added.
- The largest iShares Currency Hedged MSCI Canada ETF seller in Q3 2023 was Royal Bank of Canada, an estimated $672K sold.
Based on aggregated 13F filings for Q3 2023.