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iShares Currency Hedged MSCI Japan ETF

83 hedge funds and large institutions have $669M invested in iShares Currency Hedged MSCI Japan ETF in 2017 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 19 increasing their positions, 26 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

214% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 7

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

20% more funds holding

Funds holding: 6983 (+14)

14.09% less ownership

Funds ownership: 72.92%58.83% (-14%)

26% less capital invested

Capital invested by funds: $905M → $669M (-$236M)

27% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 26

Holders
83
Holders Change
+14
Holders Change %
+20.29%
% of All Funds
1.88%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.09%
New
22
Increased
19
Reduced
26
Closed
7
Calls
$126M
Puts
Net Calls
+$126M
Net Calls Change
+$126M
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$141M +$4.56M +139,555 +3%
BlackRock
2
BlackRock
New York
$98.3M -$208M -6,379,207 -68%
Ameriprise
3
Ameriprise
Minnesota
$78.4M +$20.4M +623,857 +36%
Morgan Stanley
4
Morgan Stanley
New York
$53M -$966K -29,595 -2%
US Bancorp
5
US Bancorp
Minnesota
$37.1M +$4.83M +148,076 +15%
SFM
6
Signature Financial Management
Virginia
$25.7M -$4.96M -152,000 -16%
Goldman Sachs
7
Goldman Sachs
New York
$24.1M +$59K +1,808 +0.3%
BS
8
Banco Santander
Spain
$24.1M -$543K -16,644 -2%
HSBC Holdings
9
HSBC Holdings
United Kingdom
$16.7M +$4.82M +147,771 +42%
UBS Group
10
UBS Group
Switzerland
$13.1M -$35.7K -1,094 -0.3%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$13M +$1.01M +31,048 +9%
Bank of America
12
Bank of America
North Carolina
$12.5M -$2.88M -88,166 -19%
Carson Wealth (CWM LLC)
13
Carson Wealth (CWM LLC)
Nebraska
$10.8M +$10.6M +323,614 New
Federated Hermes
14
Federated Hermes
Pennsylvania
$10.5M +$2.64M +80,777 +34%
Millennium Management
15
Millennium Management
New York
$9.24M +$9.04M +277,072 New
AllianceBernstein
16
AllianceBernstein
Tennessee
$8.15M +$7.98M +244,565 New
MIFH
17
Migdal Insurance & Financial Holdings
Israel
$7.64M -$7.98M -244,365 -52%
BCI
18
Brinker Capital Investments
Pennsylvania
$7.21M
SQA
19
Simon Quick Advisors
New Jersey
$6.55M -$999K -30,602 -14%
PAMU
20
Pictet Asset Management (UK)
United Kingdom
$5.46M -$3.95M -121,075 -43%
B
21
Barings
North Carolina
$5.4M +$5.29M +161,956 New
RJA
22
Raymond James & Associates
Florida
$4.91M +$18.8K +577 +0.4%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$4.6M +$9.4K +288 +0.2%
Jane Street
24
Jane Street
New York
$3.94M +$3.86M +118,194 New
MCM
25
Monument Capital Management
Virginia
$3.73M +$3.65M +111,785 New

HEWJ Hedge Fund Activity: Q4 2017 in Review

83 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Japan ETF (HEWJ) for Q4 2017, worth a combined $669M — down 26% from $905M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new HEWJ positions and 7 closed out — a net gain of 15 holders — while 19 added to existing stakes and 26 trimmed.

The largest buyer was Ameriprise, adding an estimated $20.4M. The largest seller was BlackRock, cutting an estimated $208M.

  • 83 institutional investors held iShares Currency Hedged MSCI Japan ETF (HEWJ) as of Q4 2017, up from 69 in Q3 2017.
  • Funds reported $669M of iShares Currency Hedged MSCI Japan ETF stock for Q4 2017, down 26% quarter-over-quarter.
  • 22 funds opened new iShares Currency Hedged MSCI Japan ETF positions in Q4 2017 and 7 closed out, a net change of +15 holders.
  • The largest iShares Currency Hedged MSCI Japan ETF buyer in Q4 2017 was Ameriprise, an estimated $20.4M added.
  • The largest iShares Currency Hedged MSCI Japan ETF seller in Q4 2017 was BlackRock, an estimated $208M sold.

Based on aggregated 13F filings for Q4 2017.