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iShares Currency Hedged MSCI Japan ETF

35 hedge funds and large institutions have $97.7M invested in iShares Currency Hedged MSCI Japan ETF in 2015 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

186% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 7

59% more funds holding

Funds holding: 2235 (+13)

0% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 7

19.9% less ownership

Funds ownership: 50.66%30.76% (-20%)

32% less capital invested

Capital invested by funds: $143M → $97.7M (-$45.2M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
35
Holders Change
+13
Holders Change %
+59.09%
% of All Funds
0.93%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
20
Increased
7
Reduced
7
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$31M +$11.6M +405,512 +66%
LPL Financial
2
LPL Financial
California
$13.7M -$39.5M -1,375,660 -75%
Bank of America
3
Bank of America
North Carolina
$9.46M +$5.96M +207,626 +198%
Jane Street
4
Jane Street
New York
$5.32M +$3.53M +122,896 +231%
BIM
5
BlackRock Investment Management
Delaware
$4.84M +$4.59M +159,975 New
Franklin Resources
6
Franklin Resources
California
$4.4M +$4.18M +145,575 New
BlackRock
7
BlackRock
New York
$4.26M +$4.04M +140,950 New
CS
8
Credit Suisse
Switzerland
$2.91M +$1.48M +51,587 +115%
MP
9
Manifold Partners
California
$2.47M -$206K -7,189 -8%
Susquehanna International Group
10
Susquehanna International Group
Pennsylvania
$2.46M +$2.34M +81,451 New
UBS Group
11
UBS Group
Switzerland
$2.45M +$2.2M +76,778 +1,808%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$2.26M +$2.14M +74,751 New
Credit Agricole
13
Credit Agricole
France
$1.68M +$583K +20,311 +58%
MAA
14
Managed Account Advisors
New Jersey
$1.59M +$1.51M +52,481 New
First Trust Advisors
15
First Trust Advisors
Illinois
$1.27M +$1.21M +42,050 New
VF
16
Virtu Financial
New York
$1.25M +$1.18M +41,275 New
Goldman Sachs
17
Goldman Sachs
New York
$854K +$810K +28,239 New
FA
18
FDx Advisors
Illinois
$819K +$274K +9,558 +54%
VKH
19
Virtu KCG Holdings
New York
$813K +$771K +26,885 New
FAAS
20
First Allied Advisory Services
California
$602K -$486K -16,926 -46%
NPC
21
National Planning Corporation
California
$558K +$517K +18,026 New
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$510K +$483K +16,852 New
Federated Hermes
23
Federated Hermes
Pennsylvania
$481K +$456K +15,900 New
SWP
24
Stratos Wealth Partners
Ohio
$454K -$34.2K -1,193 -7%
JP Morgan Chase
25
JP Morgan Chase
New York
$423K +$401K +13,976 New

HEWJ Hedge Fund Activity: Q1 2015 in Review

35 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Japan ETF (HEWJ) for Q1 2015, worth a combined $97.7M — down 32% from $143M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new HEWJ positions and 7 closed out — a net gain of 13 holders — while 7 added to existing stakes and 7 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $11.6M. The largest seller was Contour Asset Management, exiting entirely with an estimated $56.6M sold.

  • 35 institutional investors held iShares Currency Hedged MSCI Japan ETF (HEWJ) as of Q1 2015, up from 22 in Q4 2014.
  • Funds reported $97.7M of iShares Currency Hedged MSCI Japan ETF stock for Q1 2015, down 32% quarter-over-quarter.
  • 20 funds opened new iShares Currency Hedged MSCI Japan ETF positions in Q1 2015 and 7 closed out, a net change of +13 holders.
  • The largest iShares Currency Hedged MSCI Japan ETF buyer in Q1 2015 was Morgan Stanley, an estimated $11.6M added.
  • The largest iShares Currency Hedged MSCI Japan ETF seller in Q1 2015 was Contour Asset Management, an estimated $56.6M sold.

Based on aggregated 13F filings for Q1 2015.