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iShares Currency Hedged MSCI Eurozone ETF

91 hedge funds and large institutions have $526M invested in iShares Currency Hedged MSCI Eurozone ETF in 2016 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 13 increasing their positions, 45 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

108% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 12

14% more funds holding

Funds holding: 8091 (+11)

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

5.33% less ownership

Funds ownership: 52.04%46.7% (-5.3%)

20% less capital invested

Capital invested by funds: $662M → $526M (-$135M)

71% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 45

Holders
91
Holders Change
+11
Holders Change %
+13.75%
% of All Funds
2.27%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.17%
New
25
Increased
13
Reduced
45
Closed
12
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
$89.9M -$15.9M -625,630 -16%
UBS Group
2
UBS Group
Switzerland
$59.9M -$11.8M -465,574 -17%
Morgan Stanley
3
Morgan Stanley
New York
$46.5M -$8.08M -318,815 -15%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$42M -$35.6M -1,405,956 -47%
Goldman Sachs
5
Goldman Sachs
New York
$29.6M -$10.8M -427,090 -28%
RJA
6
Raymond James & Associates
Florida
$21.6M -$2.11M -83,423 -9%
AssetMark Inc
7
AssetMark Inc
California
$17.7M +$16.9M +665,419 New
Wells Fargo
8
Wells Fargo
California
$16.6M -$1.28M -50,417 -7%
State Street
9
State Street
Massachusetts
$16.3M +$15.5M +613,062 New
EMA
10
Efficient Market Advisors
California
$14.7M +$8.62M +340,295 +161%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$14M -$12.5M -492,986 -48%
PC
12
Permanens Capital
New York
$13.1M +$3.43M +135,345 +38%
HCM
13
Harvest Capital Management
New Hampshire
$12.6M -$71K -2,800 -0.6%
SGCA
14
Steel Grove Capital Advisors
Tennessee
$11.8M -$27.1M -1,069,053 -71%
BIM
15
BlackRock Investment Management
Delaware
$8.22M +$64.1K +2,529 +0.8%
IA
16
Icon Advisers
Colorado
$7.79M -$1.7M -67,000 -19%
CA
17
Cornerstone Advisory
Maryland
$7.34M -$13.5K -533 -0.2%
MMA
18
Miracle Mile Advisors
California
$7.04M -$375K -14,799 -5%
GAG
19
GM Advisory Group
New York
$5.99M +$5.67M +223,850 New
RSA
20
Robertson Stephens Advisors
California
$5.49M +$5.19M +204,889 New
AP
21
Agilis Partners
Massachusetts
$5M -$738K -29,142 -13%
Franklin Resources
22
Franklin Resources
California
$4.72M -$377K -14,880 -8%
RCYC
23
Richard C. Young & Co
Rhode Island
$4.56M -$7.79M -307,405 -64%
ACM
24
Aviance Capital Management
Florida
$4.36M -$806K -31,792 -16%
LPL Financial
25
LPL Financial
California
$4.24M -$2.33M -91,973 -37%

HEZU Hedge Fund Activity: Q4 2016 in Review

91 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in iShares Currency Hedged MSCI Eurozone ETF (HEZU) for Q4 2016, worth a combined $526M — down 20% from $662M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new HEZU positions and 12 closed out — a net gain of 13 holders — while 13 added to existing stakes and 45 trimmed.

The largest buyer was AssetMark Inc, opening a new position worth an estimated $16.9M. The largest seller was Fidelity Investments, cutting an estimated $35.6M.

  • 91 institutional investors held iShares Currency Hedged MSCI Eurozone ETF (HEZU) as of Q4 2016, up from 80 in Q3 2016.
  • Funds reported $526M of iShares Currency Hedged MSCI Eurozone ETF stock for Q4 2016, down 20% quarter-over-quarter.
  • 25 funds opened new iShares Currency Hedged MSCI Eurozone ETF positions in Q4 2016 and 12 closed out, a net change of +13 holders.
  • The largest iShares Currency Hedged MSCI Eurozone ETF buyer in Q4 2016 was AssetMark Inc, an estimated $16.9M added.
  • The largest iShares Currency Hedged MSCI Eurozone ETF seller in Q4 2016 was Fidelity Investments, an estimated $35.6M sold.

Based on aggregated 13F filings for Q4 2016.