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iShares Currency Hedged MSCI Eurozone ETF

80 hedge funds and large institutions have $662M invested in iShares Currency Hedged MSCI Eurozone ETF in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 40 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.09% more ownership

Funds ownership: 50.94%52.04% (+1.1%)

9% less funds holding

Funds holding: 8880 (-8)

13% less funds holding in top 10

Funds holding in top 10: 87 (-1)

22% less capital invested

Capital invested by funds: $847M → $662M (-$185M)

35% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 17

48% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 40

Holders
80
Holders Change
-8
Holders Change %
-9.09%
% of All Funds
2.13%
Holding in Top 10
7
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-12.5%
% of All Funds
0.19%
New
11
Increased
21
Reduced
40
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$99.3M -$30.9M -1,270,837 -24%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$74M +$812K +33,360 +1%
UBS Group
3
UBS Group
Switzerland
$67.3M -$6.56M -269,582 -9%
Morgan Stanley
4
Morgan Stanley
New York
$51.2M -$30.2M -1,240,247 -38%
Goldman Sachs
5
Goldman Sachs
New York
$38.1M -$4.82M -197,857 -11%
SGCA
6
Steel Grove Capital Advisors
Tennessee
$37.4M -$3.82M -156,935 -9%
Jane Street
7
Jane Street
New York
$31.3M -$11.8M -485,878 -28%
UBS AM
8
UBS AM
Illinois
$26.2M +$8.68M +356,473 +51%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$25.3M +$341K +14,001 +1%
RJA
10
Raymond James & Associates
Florida
$22.2M +$21.4M +879,550 +5,281%
BA
11
BlackRock Advisors
Delaware
$21.7M -$9.86M -405,059 -32%
FTUS
12
Flow Traders U.S.
New York
$17M +$14.4M +589,570 +613%
Wells Fargo
13
Wells Fargo
California
$16.7M +$1.2M +49,291 +8%
RCYC
14
Richard C. Young & Co
Rhode Island
$11.9M +$346K +14,202 +3%
HCM
15
Harvest Capital Management
New Hampshire
$11.9M -$357K -14,659 -3%
IA
16
Icon Advisers
Colorado
$8.92M -$122K -5,000 -1%
PC
17
Permanens Capital
New York
$8.87M -$5.9M -242,394 -40%
BIM
18
BlackRock Investment Management
Delaware
$7.59M -$24.9M -1,024,557 -77%
MMA
19
Miracle Mile Advisors
California
$6.92M -$1.58K -65 -0%
CA
20
Cornerstone Advisory
Maryland
$6.86M -$324K -13,325 -5%
LPL Financial
21
LPL Financial
California
$6.17M -$4.96M -203,732 -45%
OMC
22
Old Mission Capital
Illinois
$5.88M +$5.44M +223,403 +1,613%
AP
23
Agilis Partners
Massachusetts
$5.38M +$264K +10,852 +5%
EMA
24
Efficient Market Advisors
California
$5.23M -$911K -37,437 -15%
ACM
25
Aviance Capital Management
Florida
$4.85M +$4.76M +195,631 New

HEZU Hedge Fund Activity: Q3 2016 in Review

80 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Eurozone ETF (HEZU) for Q3 2016, worth a combined $662M — down 22% from $847M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of HEZU and 11 opened new positions — a net loss of 6 holders — while 40 trimmed existing stakes and 21 added.

The largest buyer was Raymond James & Associates, adding an estimated $21.4M. The largest seller was Mirae Asset Global Investments, cutting an estimated $44.6M.

  • 80 institutional investors held iShares Currency Hedged MSCI Eurozone ETF (HEZU) as of Q3 2016, down from 88 in Q2 2016.
  • Funds reported $662M of iShares Currency Hedged MSCI Eurozone ETF stock for Q3 2016, down 22% quarter-over-quarter.
  • 11 funds opened new iShares Currency Hedged MSCI Eurozone ETF positions in Q3 2016 and 17 closed out, a net change of -6 holders.
  • The largest iShares Currency Hedged MSCI Eurozone ETF buyer in Q3 2016 was Raymond James & Associates, an estimated $21.4M added.
  • The largest iShares Currency Hedged MSCI Eurozone ETF seller in Q3 2016 was Mirae Asset Global Investments, an estimated $44.6M sold.

Based on aggregated 13F filings for Q3 2016.