KraneShares CSI China Internet ETF
KWEB
115 hedge funds and large institutions have $646M invested in KraneShares CSI China Internet ETF in 2018 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 41 increasing their positions, 21 reducing their positions, and 35 closing their positions.
95% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 21
23% more call options, than puts
Call options by funds: $71.3M | Put options by funds: $57.8M
3.98% more ownership
Funds ownership: 41.84% → 45.82% (+4%)
2% more capital invested
Capital invested by funds: $634M → $646M (+$12.8M)
9% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 35
3% less funds holding
Funds holding: 118 → 115 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$47.5M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
+$43.4M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$32.3M |
| 4 |
Morgan Stanley
New York
|
+$19.2M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$18.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$137M |
| 2 |
Citigroup
New York
|
-$14.3M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$8.85M |
| 4 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$6.61M |
| 5 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$5.27M |
KWEB Hedge Fund Activity: Q3 2018 in Review
115 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in KraneShares CSI China Internet ETF (KWEB) for Q3 2018, worth a combined $646M — up 2% from $634M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of KWEB and 32 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 41 added.
The largest buyer was Migdal Insurance & Financial Holdings, adding an estimated $47.5M. The largest seller was Credit Suisse, exiting entirely with an estimated $137M sold.
- 115 institutional investors held KraneShares CSI China Internet ETF (KWEB) as of Q3 2018, down from 118 in Q2 2018.
- Funds reported $646M of KraneShares CSI China Internet ETF stock for Q3 2018, up 2% quarter-over-quarter.
- 32 funds opened new KraneShares CSI China Internet ETF positions in Q3 2018 and 35 closed out, a net change of -3 holders.
- The largest KraneShares CSI China Internet ETF buyer in Q3 2018 was Migdal Insurance & Financial Holdings, an estimated $47.5M added.
- The largest KraneShares CSI China Internet ETF seller in Q3 2018 was Credit Suisse, an estimated $137M sold.
Based on aggregated 13F filings for Q3 2018.