iShares Currency Hedged MSCI Japan ETF
HEWJ
48 hedge funds and large institutions have $108M invested in iShares Currency Hedged MSCI Japan ETF in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 7 closing their positions.
31% more capital invested
Capital invested by funds: $82.3M → $108M (+$25.9M)
8.3% more ownership
Funds ownership: 53.54% → 61.83% (+8.3%)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
2% less funds holding
Funds holding: 49 → 48 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$44.7M |
| 2 |
Jane Street
New York
|
+$5.54M |
| 3 |
PCIG
Partners Capital Investment Group
Boston,
Massachusetts
|
+$4.15M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.28M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCIM
Red Cedar Investment Management
Grand Rapids,
Michigan
|
-$17M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$10.8M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$5.16M |
| 4 |
TWC
TD Waterhouse Canada
Toronto,
Ontario, Canada
|
-$3.29M |
| 5 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$3.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MIFH
51
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
| – | -$3.1M | -118,367 | Closed |
|
|
VCM
52
Versant Capital Management
Phoenix,
Arizona
| – | -$504K | -19,284 | Closed |
|
|
KOMWMG
53
Kerntke Otto McGlone Wealth Management Group
Appleton,
Wisconsin
| – | -$18K | -701 | Closed |
|
|
AF
54
Allworth Financial
Folsom,
California
| – | -$11.3K | -430 | Closed |
|
55
JP Morgan Chase
New York
| – | -$5K | -190 | Closed |
|
HEWJ Hedge Fund Activity: Q1 2023 in Review
48 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Japan ETF (HEWJ) for Q1 2023, worth a combined $108M — up 31% from $82.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of HEWJ and 6 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 13 added.
The largest buyer was BlackRock, adding an estimated $44.7M. The largest seller was Red Cedar Investment Management, exiting entirely with an estimated $17M sold.
- 48 institutional investors held iShares Currency Hedged MSCI Japan ETF (HEWJ) as of Q1 2023, down from 49 in Q4 2022.
- Funds reported $108M of iShares Currency Hedged MSCI Japan ETF stock for Q1 2023, up 31% quarter-over-quarter.
- 6 funds opened new iShares Currency Hedged MSCI Japan ETF positions in Q1 2023 and 7 closed out, a net change of -1 holder.
- The largest iShares Currency Hedged MSCI Japan ETF buyer in Q1 2023 was BlackRock, an estimated $44.7M added.
- The largest iShares Currency Hedged MSCI Japan ETF seller in Q1 2023 was Red Cedar Investment Management, an estimated $17M sold.
Based on aggregated 13F filings for Q1 2023.