iShares MSCI Turkey ETF
TUR
74 hedge funds and large institutions have $181M invested in iShares MSCI Turkey ETF in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 25 increasing their positions, 23 reducing their positions, and 27 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 23
7.17% less ownership
Funds ownership: 46.73% → 39.57% (-7.2%)
13% less funds holding
Funds holding: 85 → 74 (-11)
37% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 27
47% less capital invested
Capital invested by funds: $343M → $181M (-$162M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
86% less call options, than puts
Call options by funds: $336K | Put options by funds: $2.37M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$9.67M |
| 2 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$6.12M |
| 3 |
Jane Street
New York
|
+$5.81M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$4.72M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
-$104M |
| 2 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$29.5M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$20.3M |
| 4 |
Morgan Stanley
New York
|
-$7.7M |
| 5 |
RCG
Rock Creek Group
Washington,
District of Columbia
|
-$7.49M |
TUR Hedge Fund Activity: Q3 2013 in Review
74 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Turkey ETF (TUR) for Q3 2013, worth a combined $181M — down 47% from $343M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of TUR and 17 opened new positions — a net loss of 10 holders — while 23 trimmed existing stakes and 25 added.
The largest buyer was Glovista Investments, opening a new position worth an estimated $9.67M. The largest seller was Prudential plc, exiting entirely with an estimated $104M sold.
- 74 institutional investors held iShares MSCI Turkey ETF (TUR) as of Q3 2013, down from 85 in Q2 2013.
- Funds reported $181M of iShares MSCI Turkey ETF stock for Q3 2013, down 47% quarter-over-quarter.
- 17 funds opened new iShares MSCI Turkey ETF positions in Q3 2013 and 27 closed out, a net change of -10 holders.
- The largest iShares MSCI Turkey ETF buyer in Q3 2013 was Glovista Investments, an estimated $9.67M added.
- The largest iShares MSCI Turkey ETF seller in Q3 2013 was Prudential plc, an estimated $104M sold.
Based on aggregated 13F filings for Q3 2013.