iShares MSCI Turkey ETF
TUR
80 hedge funds and large institutions have $231M invested in iShares MSCI Turkey ETF in 2014 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 29 reducing their positions, and 16 closing their positions.
3.94% more ownership
Funds ownership: 47.82% → 51.76% (+3.9%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
1% less funds holding
Funds holding: 81 → 80 (-1)
12% less capital invested
Capital invested by funds: $262M → $231M (-$30.5M)
28% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 29
36% less call options, than puts
Call options by funds: $9.92M | Put options by funds: $15.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$12.9M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$8.23M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$5.51M |
| 4 |
Jane Street
New York
|
+$5.31M |
| 5 |
Citigroup
New York
|
+$4.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.7M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$14M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$9.37M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.88M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$2.73M |
TUR Hedge Fund Activity: Q3 2014 in Review
80 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Turkey ETF (TUR) for Q3 2014, worth a combined $231M — down 12% from $262M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TUR and 15 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 21 added.
The largest buyer was Glovista Investments, opening a new position worth an estimated $12.9M. The largest seller was Fidelity Investments, exiting entirely with an estimated $21.7M sold.
- 80 institutional investors held iShares MSCI Turkey ETF (TUR) as of Q3 2014, down from 81 in Q2 2014.
- Funds reported $231M of iShares MSCI Turkey ETF stock for Q3 2014, down 12% quarter-over-quarter.
- 15 funds opened new iShares MSCI Turkey ETF positions in Q3 2014 and 16 closed out, a net change of -1 holder.
- The largest iShares MSCI Turkey ETF buyer in Q3 2014 was Glovista Investments, an estimated $12.9M added.
- The largest iShares MSCI Turkey ETF seller in Q3 2014 was Fidelity Investments, an estimated $21.7M sold.
Based on aggregated 13F filings for Q3 2014.