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iShares Currency Hedged MSCI Japan ETF

77 hedge funds and large institutions have $532M invested in iShares Currency Hedged MSCI Japan ETF in 2016 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

150% more capital invested

Capital invested by funds: $213M → $532M (+$319M)

150% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 12

53% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 15

31% more funds holding

Funds holding: 5977 (+18)

13.96% more ownership

Funds ownership: 48.61%62.57% (+14%)

Holders
77
Holders Change
+18
Holders Change %
+30.51%
% of All Funds
1.93%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.07%
New
30
Increased
23
Reduced
15
Closed
12
Calls
$1K
Puts
Net Calls
+$1K
Net Calls Change
+$1K
Name Holding Trade Value Shares
Change
Change in
Stake
CI
1
Clal Insurance
Israel
$76.3M +$72.5M +2,724,615 New
CAM
2
Contour Asset Management
New York
$66.6M +$63.8M +2,397,097 New
RIG
3
RiverFront Investment Group
Virginia
$49.4M +$47.3M +1,777,407 New
Franklin Resources
4
Franklin Resources
California
$40.8M +$14.6M +550,123 +60%
Morgan Stanley
5
Morgan Stanley
New York
$38.6M +$12.8M +480,399 +53%
Goldman Sachs
6
Goldman Sachs
New York
$29.3M +$9.64M +362,188 +52%
Citigroup
7
Citigroup
New York
$24.3M +$23.3M +875,016 New
SFM
8
Signature Financial Management
Virginia
$23.7M
Ameriprise
9
Ameriprise
Minnesota
$21.7M -$9.1M -341,889 -30%
RJA
10
Raymond James & Associates
Florida
$15.6M +$14.5M +546,293 +3,626%
X
11
Xponance
Pennsylvania
$14.4M +$13.5M +506,388 New
AllianceBernstein
12
AllianceBernstein
Tennessee
$13.4M +$12.8M +480,679 New
New York State Common Retirement Fund
13
New York State Common Retirement Fund
New York
$12.5M +$11.9M +448,213 New
UBS Group
14
UBS Group
Switzerland
$8.99M +$1.34M +50,433 +18%
MIFH
15
Migdal Insurance & Financial Holdings
Israel
$8.21M -$1.89M -70,962 -20%
BlackRock
16
BlackRock
New York
$7.93M -$1.33M -49,995 -15%
Bank of America
17
Bank of America
North Carolina
$7.35M +$389K +14,602 +6%
BCI
18
Brinker Capital Investments
Pennsylvania
$6.01M +$5.69M +214,000 +10,033%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$4.09M +$163K +6,127 +4%
FTUS
20
Flow Traders U.S.
New York
$4.05M +$6.84K +257 +0.2%
Janney Montgomery Scott
21
Janney Montgomery Scott
Pennsylvania
$3.85M +$3.69M +138,630 New
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$3.78M +$3.57M +134,088 +7,098%
Federated Hermes
23
Federated Hermes
Pennsylvania
$3.61M
MCM
24
Makena Capital Management
California
$3.42M -$625K -23,495 -16%
AIP
25
Almanack Investment Partners
Pennsylvania
$3.4M +$3.23M +121,372 New

HEWJ Hedge Fund Activity: Q4 2016 in Review

77 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Japan ETF (HEWJ) for Q4 2016, worth a combined $532M — up 150% from $213M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new HEWJ positions and 12 closed out — a net gain of 18 holders — while 23 added to existing stakes and 15 trimmed.

The largest buyer was Clal Insurance, opening a new position worth an estimated $72.5M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $14.1M sold.

  • 77 institutional investors held iShares Currency Hedged MSCI Japan ETF (HEWJ) as of Q4 2016, up from 59 in Q3 2016.
  • Funds reported $532M of iShares Currency Hedged MSCI Japan ETF stock for Q4 2016, up 150% quarter-over-quarter.
  • 30 funds opened new iShares Currency Hedged MSCI Japan ETF positions in Q4 2016 and 12 closed out, a net change of +18 holders.
  • The largest iShares Currency Hedged MSCI Japan ETF buyer in Q4 2016 was Clal Insurance, an estimated $72.5M added.
  • The largest iShares Currency Hedged MSCI Japan ETF seller in Q4 2016 was Karpus Investment Management, an estimated $14.1M sold.

Based on aggregated 13F filings for Q4 2016.