iShares Currency Hedged MSCI Japan ETF
HEWJ
66 hedge funds and large institutions have $282M invested in iShares Currency Hedged MSCI Japan ETF in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 34 reducing their positions, and 16 closing their positions.
11.46% less ownership
Funds ownership: 60.85% → 49.39% (-11%)
12% less funds holding
Funds holding: 75 → 66 (-9)
41% less capital invested
Capital invested by funds: $481M → $282M (-$199M)
50% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 16
65% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 34
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$23.1M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$15.3M |
| 3 |
Jane Street
New York
|
+$3.3M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$2.98M |
| 5 |
Bank of New York Mellon
New York
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$102M |
| 2 |
BlackRock
New York
|
-$54.1M |
| 3 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$23.7M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$13.3M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$12.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Parallax Volatility Advisers
San Francisco,
California
| – | -$74.5K | -2,480 | -100% |
|
|
ASN
77
Advisory Services Network
Atlanta,
Georgia
| – | -$44K | -1,555 | Closed |
|
|
KL
78
KWMG LLC
Overland Park,
Kansas
| – | -$13K | -462 | Closed |
|
79
Simplex Trading
Chicago,
Illinois
| – | -$5K | -198 | Closed |
|
|
AG
80
Advisor Group
Phoenix,
Arizona
| – | -$4K | -150 | Closed |
|
|
RCG
81
Ruggie Capital Group
Tavares,
Florida
| – | -$3K | -109 | Closed |
|
|
HI
82
Human Investing
Lake Oswego,
Oregon
| – | -$1K | -39 | Closed |
|
HEWJ Hedge Fund Activity: Q1 2019 in Review
66 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Japan ETF (HEWJ) for Q1 2019, worth a combined $282M — down 41% from $481M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of HEWJ and 8 opened new positions — a net loss of 8 holders — while 34 trimmed existing stakes and 12 added.
The largest buyer was Brown Advisory, opening a new position worth an estimated $23.1M. The largest seller was Franklin Resources, cutting an estimated $102M.
- 66 institutional investors held iShares Currency Hedged MSCI Japan ETF (HEWJ) as of Q1 2019, down from 75 in Q4 2018.
- Funds reported $282M of iShares Currency Hedged MSCI Japan ETF stock for Q1 2019, down 41% quarter-over-quarter.
- 8 funds opened new iShares Currency Hedged MSCI Japan ETF positions in Q1 2019 and 16 closed out, a net change of -8 holders.
- The largest iShares Currency Hedged MSCI Japan ETF buyer in Q1 2019 was Brown Advisory, an estimated $23.1M added.
- The largest iShares Currency Hedged MSCI Japan ETF seller in Q1 2019 was Franklin Resources, an estimated $102M sold.
Based on aggregated 13F filings for Q1 2019.