iShares MSCI Turkey ETF
TUR
62 hedge funds and large institutions have $119M invested in iShares MSCI Turkey ETF in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 25 reducing their positions, and 21 closing their positions.
45% more call options, than puts
Call options by funds: $29.3M | Put options by funds: $20.2M
10.58% more ownership
Funds ownership: 32.49% → 43.07% (+11%)
11% less capital invested
Capital invested by funds: $135M → $119M (-$15.2M)
16% less funds holding
Funds holding: 74 → 62 (-12)
40% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 25
57% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 21
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$13.6M |
| 2 |
HP
Hosking Partners
London,
United Kingdom
|
+$6.69M |
| 3 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
+$5.65M |
| 4 |
Millennium Management
New York
|
+$1.85M |
| 5 |
Goldman Sachs
New York
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$9.86M |
| 2 |
Jane Street
New York
|
-$5.15M |
| 3 |
BL
BCWM LLC
Overland Park,
Kansas
|
-$4.89M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$3.64M |
| 5 |
Renaissance Technologies
New York
|
-$1.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
76
Worth Asset Management
Dallas,
Texas
| – | -$73.8K | -1,995 | Closed |
|
|
JIR
77
James Investment Research
Alpha,
Ohio
| – | -$71K | -1,927 | Closed |
|
78
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$68.1K | -1,826 | Closed |
|
|
NFSG
79
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$37K | -1,000 | Closed |
|
80
Rockefeller Capital Management
New York
| – | -$14K | -400 | Closed |
|
|
TC
81
Truvestments Capital
Sarasota,
Florida
| – | -$148 | -4 | Closed |
|
82
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$37 | -1 | Closed |
|
TUR Hedge Fund Activity: Q1 2023 in Review
62 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Turkey ETF (TUR) for Q1 2023, worth a combined $119M — down 11% from $135M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of TUR and 9 opened new positions — a net loss of 12 holders — while 25 trimmed existing stakes and 15 added.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $13.6M. The largest seller was UBS Group, cutting an estimated $9.86M.
- 62 institutional investors held iShares MSCI Turkey ETF (TUR) as of Q1 2023, down from 74 in Q4 2022.
- Funds reported $119M of iShares MSCI Turkey ETF stock for Q1 2023, down 11% quarter-over-quarter.
- 9 funds opened new iShares MSCI Turkey ETF positions in Q1 2023 and 21 closed out, a net change of -12 holders.
- The largest iShares MSCI Turkey ETF buyer in Q1 2023 was Arrowstreet Capital, an estimated $13.6M added.
- The largest iShares MSCI Turkey ETF seller in Q1 2023 was UBS Group, an estimated $9.86M sold.
Based on aggregated 13F filings for Q1 2023.