iShares MSCI Kokusai Fund
TOK
14 hedge funds and large institutions have $106M invested in iShares MSCI Kokusai Fund in 2015 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
27% more funds holding
Funds holding: 11 → 14 (+3)
5% less capital invested
Capital invested by funds: $111M → $106M (-$5.08M)
3% less ownership
Funds ownership: 38.2% → 35.2% (-3%)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$620K |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$319K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$266K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$62K |
| 5 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$26K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$5.17M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$4.33M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$475K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$151K |
| 5 |
Jane Street
New York
|
-$107K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIT
1
BlackRock Institutional Trust
San Francisco,
California
| $97M | -$4.33M | -82,100 | -4% |
|
|
2
Goldman Sachs
New York
| $6.01M | +$620K | +11,751 | +11% |
|
|
3
Jane Street
New York
| $1.2M | -$107K | -2,022 | -8% |
|
|
OMC
4
Old Mission Capital
Chicago,
Illinois
| $678K | +$319K | +6,054 | +86% |
|
|
VKH
5
Virtu KCG Holdings
New York
| $261K | +$266K | +5,036 | New |
|
|
YMRC
6
Yorktown Management & Research Company
Forest,
Virginia
| $238K | – | – | – |
|
7
UBS Group
Zurich,
Switzerland
| $64K | – | – | – |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| $61K | +$62K | +1,175 | New |
|
|
9
Bank of America
Charlotte,
North Carolina
| $52K | -$475K | -9,000 | -90% |
|
|
IA
10
IFP Advisors
Tampa,
Florida
| $52K | +$52.7K | +1,000 | New |
|
|
TFA
11
Transamerica Financial Advisors
St. Petersburg,
Florida
| $26K | +$26K | +492 | New |
|
12
Royal Bank of Canada
Toronto,
Ontario, Canada
| $15K | – | – | – |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| $13K | -$151K | -2,864 | -92% |
|
|
14
Citadel Advisors
Miami,
Florida
| – | -$5.17M | -103,427 | Closed |
|
TOK Hedge Fund Activity: Q4 2015 in Review
14 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Kokusai Fund (TOK) for Q4 2015, worth a combined $106M — down 4.6% from $111M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new TOK positions and 1 closed out — a net gain of 3 holders — while 2 added to existing stakes and 4 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $620K. The largest seller was Citadel Advisors, exiting entirely with an estimated $5.17M sold.
- 14 institutional investors held iShares MSCI Kokusai Fund (TOK) as of Q4 2015, up from 11 in Q3 2015.
- Funds reported $106M of iShares MSCI Kokusai Fund stock for Q4 2015, down 4.6% quarter-over-quarter.
- 4 funds opened new iShares MSCI Kokusai Fund positions in Q4 2015 and 1 closed out, a net change of +3 holders.
- The largest iShares MSCI Kokusai Fund buyer in Q4 2015 was Goldman Sachs, an estimated $620K added.
- The largest iShares MSCI Kokusai Fund seller in Q4 2015 was Citadel Advisors, an estimated $5.17M sold.
Based on aggregated 13F filings for Q4 2015.