iShares Currency Hedged MSCI Japan ETF
HEWJ
61 hedge funds and large institutions have $361M invested in iShares Currency Hedged MSCI Japan ETF in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 20 closing their positions.
8.3% more ownership
Funds ownership: 52.71% → 61.01% (+8.3%)
5% less capital invested
Capital invested by funds: $380M → $361M (-$18.7M)
12% less funds holding
Funds holding: 69 → 61 (-8)
35% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 23
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$41.6M |
| 2 |
Jane Street
New York
|
+$26.3M |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$22.2M |
| 4 |
SGCA
Steel Grove Capital Advisors
Memphis,
Tennessee
|
+$12M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$17.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$17.7M |
| 3 |
Morgan Stanley
New York
|
-$16.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.73M |
| 5 |
BlackRock
New York
|
-$9.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFG
76
CKW Financial Group
Honolulu,
Hawaii
| – | -$162K | -5,657 | Closed |
|
|
MLIC
77
Mandatum Life Insurance Company
Helsinki,
Finland
| – | -$148K | -5,165 | Closed |
|
78
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$67K | -2,320 | Closed |
|
|
UFA
79
US Financial Advisors
Braintree,
Massachusetts
| – | -$58K | -2,025 | Closed |
|
|
EWM
80
Edge Wealth Management
New York
| – | -$44K | -1,530 | Closed |
|
|
ACM
81
Argentus Capital Management
Dallas,
Texas
| – | -$25 | -1 | -8% |
|
HEWJ Hedge Fund Activity: Q1 2016 in Review
61 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Japan ETF (HEWJ) for Q1 2016, worth a combined $361M — down 4.9% from $380M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of HEWJ and 12 opened new positions — a net loss of 8 holders — while 23 trimmed existing stakes and 15 added.
The largest buyer was Goldman Sachs, adding an estimated $41.6M. The largest seller was LPL Financial, cutting an estimated $17.7M.
- 61 institutional investors held iShares Currency Hedged MSCI Japan ETF (HEWJ) as of Q1 2016, down from 69 in Q4 2015.
- Funds reported $361M of iShares Currency Hedged MSCI Japan ETF stock for Q1 2016, down 4.9% quarter-over-quarter.
- 12 funds opened new iShares Currency Hedged MSCI Japan ETF positions in Q1 2016 and 20 closed out, a net change of -8 holders.
- The largest iShares Currency Hedged MSCI Japan ETF buyer in Q1 2016 was Goldman Sachs, an estimated $41.6M added.
- The largest iShares Currency Hedged MSCI Japan ETF seller in Q1 2016 was LPL Financial, an estimated $17.7M sold.
Based on aggregated 13F filings for Q1 2016.