iShares Currency Hedged MSCI Japan ETF
HEWJ
75 hedge funds and large institutions have $481M invested in iShares Currency Hedged MSCI Japan ETF in 2018 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 25 reducing their positions, and 20 closing their positions.
6.06% less ownership
Funds ownership: 66.91% → 60.85% (-6.1%)
6% less funds holding
Funds holding: 80 → 75 (-5)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
28% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 25
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
36% less capital invested
Capital invested by funds: $748M → $481M (-$267M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$36.8M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$13.2M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$12.5M |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$5.6M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$5.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$141M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$26.4M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$23.4M |
| 4 |
PC
Passport Capital
San Francisco,
California
|
-$6.85M |
| 5 |
B
Barings
Charlotte,
North Carolina
|
-$6.52M |
HEWJ Hedge Fund Activity: Q4 2018 in Review
75 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Japan ETF (HEWJ) for Q4 2018, worth a combined $481M — down 36% from $748M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of HEWJ and 15 opened new positions — a net loss of 5 holders — while 25 trimmed existing stakes and 18 added.
The largest buyer was Clal Insurance, adding an estimated $36.8M. The largest seller was BlackRock, cutting an estimated $141M.
- 75 institutional investors held iShares Currency Hedged MSCI Japan ETF (HEWJ) as of Q4 2018, down from 80 in Q3 2018.
- Funds reported $481M of iShares Currency Hedged MSCI Japan ETF stock for Q4 2018, down 36% quarter-over-quarter.
- 15 funds opened new iShares Currency Hedged MSCI Japan ETF positions in Q4 2018 and 20 closed out, a net change of -5 holders.
- The largest iShares Currency Hedged MSCI Japan ETF buyer in Q4 2018 was Clal Insurance, an estimated $36.8M added.
- The largest iShares Currency Hedged MSCI Japan ETF seller in Q4 2018 was BlackRock, an estimated $141M sold.
Based on aggregated 13F filings for Q4 2018.