iShares Global Materials ETF
MXI
62 hedge funds and large institutions have $79.3M invested in iShares Global Materials ETF in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 25 reducing their positions, and 17 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less funds holding
Funds holding: 70 → 62 (-8)
23.72% less ownership
Funds ownership: 54.21% → 30.49% (-24%)
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
60% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 25
65% less capital invested
Capital invested by funds: $224M → $79.3M (-$145M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$898K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$518K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$472K |
| 4 |
MIS
Morningstar Investment Services
Chicago,
Illinois
|
+$455K |
| 5 |
DWM
Destination Wealth Management
Walnut Creek,
California
|
+$432K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
-$81.8M |
| 2 |
ACI
AMP Capital Investors
Sydney,
Australia
|
-$29.5M |
| 3 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
-$7.48M |
| 4 |
B
Barings
Charlotte,
North Carolina
|
-$7.05M |
| 5 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
-$5.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CF
76
Centaurus Financial
Anaheim,
California
| – | -$12K | -175 | Closed |
|
77
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$10K | -146 | Closed |
|
78
SEI Investments
Oaks,
Pennsylvania
| – | -$5K | -73 | Closed |
|
MXI Hedge Fund Activity: Q3 2018 in Review
62 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in iShares Global Materials ETF (MXI) for Q3 2018, worth a combined $79.3M — down 65% from $224M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of MXI and 9 opened new positions — a net loss of 8 holders — while 25 trimmed existing stakes and 10 added.
The largest buyer was Cornerstone Wealth Management, opening a new position worth an estimated $898K. The largest seller was NN Investment Partners Holdings, exiting entirely with an estimated $81.8M sold.
- 62 institutional investors held iShares Global Materials ETF (MXI) as of Q3 2018, down from 70 in Q2 2018.
- Funds reported $79.3M of iShares Global Materials ETF stock for Q3 2018, down 65% quarter-over-quarter.
- 9 funds opened new iShares Global Materials ETF positions in Q3 2018 and 17 closed out, a net change of -8 holders.
- The largest iShares Global Materials ETF buyer in Q3 2018 was Cornerstone Wealth Management, an estimated $898K added.
- The largest iShares Global Materials ETF seller in Q3 2018 was NN Investment Partners Holdings, an estimated $81.8M sold.
Based on aggregated 13F filings for Q3 2018.