iShares S&P India Nifty 50 Index Fund
INDY
55 hedge funds and large institutions have $331M invested in iShares S&P India Nifty 50 Index Fund in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 23 reducing their positions, and 8 closing their positions.
18% more capital invested
Capital invested by funds: $280M → $331M (+$50.6M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 56 → 55 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
52% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$43.2M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.69M |
| 3 |
QI
QS Investors
New York
|
+$1.86M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$1.79M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$17.1M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$5.4M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$3.85M |
| 4 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
-$2.48M |
| 5 |
Jane Street
New York
|
-$2.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FNBT
51
FineMark National Bank & Trust
Fort Myers,
Florida
| $4K | – | – | – |
|
|
WA
52
WFG Advisors
Dallas,
Texas
| $3K | – | – | – |
|
53
Envestnet Asset Management
Chicago,
Illinois
| $2K | +$23 | +1 | +1% |
|
54
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $3 | – | – | – |
|
|
55
Jane Street
New York
| – | -$2.4M | -114,046 | Closed |
|
|
CIA
56
CCM Investment Advisers
Columbia,
South Carolina
| – | -$591K | -28,150 | Closed |
|
57
KeyBank National Association
Cleveland,
Ohio
| – | -$392K | -18,650 | Closed |
|
|
JMPWA
58
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$251K | -11,961 | Closed |
|
|
MCM
59
Munder Capital Management
Birmingham,
Michigan
| – | -$232K | -11,060 | Closed |
|
60
Barclays
London,
United Kingdom
| – | -$21K | -985 | Closed |
|
|
QBFM
61
QS Batterymarch Financial Management
New York
| – | -$6K | -270 | Closed |
|
|
DADC
62
D.A. Davidson & Co
Great Falls,
Montana
| – | +$23 | +1 | New |
|
INDY Hedge Fund Activity: Q4 2013 in Review
55 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iShares S&P India Nifty 50 Index Fund (INDY) for Q4 2013, worth a combined $331M — up 18% from $280M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of INDY and 7 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 11 added.
The largest buyer was AGF Investments Inc, opening a new position worth an estimated $43.2M. The largest seller was Artisan Partners, cutting an estimated $17.1M.
- 55 institutional investors held iShares S&P India Nifty 50 Index Fund (INDY) as of Q4 2013, down from 56 in Q3 2013.
- Funds reported $331M of iShares S&P India Nifty 50 Index Fund stock for Q4 2013, up 18% quarter-over-quarter.
- 7 funds opened new iShares S&P India Nifty 50 Index Fund positions in Q4 2013 and 8 closed out, a net change of -1 holder.
- The largest iShares S&P India Nifty 50 Index Fund buyer in Q4 2013 was AGF Investments Inc, an estimated $43.2M added.
- The largest iShares S&P India Nifty 50 Index Fund seller in Q4 2013 was Artisan Partners, an estimated $17.1M sold.
Based on aggregated 13F filings for Q4 2013.