iShares MSCI China ETF
MCHI
51 hedge funds and large institutions have $350M invested in iShares MSCI China ETF in 2013 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
28% more funds holding
Funds holding: 40 → 51 (+11)
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
6.37% less ownership
Funds ownership: 40.74% → 34.36% (-6.4%)
24% less capital invested
Capital invested by funds: $459M → $350M (-$108M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
+$28.5M |
| 2 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$21.7M |
| 3 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
+$17.9M |
| 4 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$13.7M |
| 5 |
Citigroup
New York
|
+$8.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$180M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$30.8M |
| 3 |
Goldman Sachs
New York
|
-$14.8M |
| 4 |
Jane Street
New York
|
-$11.1M |
| 5 |
GI
Glovista Investments
Jersey City,
New Jersey
|
-$9.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $9 | -$2.42K | -55 | -21% |
|
|
MAA
52
Managed Account Advisors
Jersey City,
New Jersey
| – | -$290K | -7,085 | Closed |
|
53
Lazard Asset Management
New York
| – | -$216K | -5,300 | Closed |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$26K | -637 | Closed |
|
|
CW
55
Cobiz Wealth
Denver,
Colorado
| – | -$11K | -262 | Closed |
|
MCHI Hedge Fund Activity: Q3 2013 in Review
51 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI China ETF (MCHI) for Q3 2013, worth a combined $350M — down 24% from $459M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new MCHI positions and 4 closed out — a net gain of 11 holders — while 17 added to existing stakes and 17 trimmed.
The largest buyer was ING Group, opening a new position worth an estimated $28.5M. The largest seller was JP Morgan Chase, cutting an estimated $180M.
- 51 institutional investors held iShares MSCI China ETF (MCHI) as of Q3 2013, up from 40 in Q2 2013.
- Funds reported $350M of iShares MSCI China ETF stock for Q3 2013, down 24% quarter-over-quarter.
- 15 funds opened new iShares MSCI China ETF positions in Q3 2013 and 4 closed out, a net change of +11 holders.
- The largest iShares MSCI China ETF buyer in Q3 2013 was ING Group, an estimated $28.5M added.
- The largest iShares MSCI China ETF seller in Q3 2013 was JP Morgan Chase, an estimated $180M sold.
Based on aggregated 13F filings for Q3 2013.