iShares MSCI Turkey ETF
TUR
81 hedge funds and large institutions have $250M invested in iShares MSCI Turkey ETF in 2015 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 21 increasing their positions, 27 reducing their positions, and 24 closing their positions.
3.54% less ownership
Funds ownership: 55.99% → 52.46% (-3.5%)
8% less funds holding
Funds holding: 88 → 81 (-7)
10% less capital invested
Capital invested by funds: $277M → $250M (-$27M)
22% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 27
25% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 24
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
82% less call options, than puts
Call options by funds: $1.48M | Put options by funds: $8.44M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$31.3M |
| 2 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$15M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$8.85M |
| 4 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$8.67M |
| 5 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$7.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QCM
QFR Capital Management
New York
|
-$15.2M |
| 2 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$12.5M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$9.77M |
| 4 |
ED
Exane Derivatives
Paris,
France
|
-$5.84M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$5.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Envestnet Asset Management
Chicago,
Illinois
| – | -$26K | -470 | Closed |
|
|
VSWA
102
Vontobel Swiss Wealth Advisors
Zurich,
Switzerland
| – | -$24K | -450 | Closed |
|
|
BRWA
103
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$7 | -141 | Closed |
|
|
NPC
104
National Planning Corporation
El Segundo,
California
| – | -$3.05K | -55 | Closed |
|
TUR Hedge Fund Activity: Q1 2015 in Review
81 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Turkey ETF (TUR) for Q1 2015, worth a combined $250M — down 9.8% from $277M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of TUR and 18 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 21 added.
The largest buyer was Arrowstreet Capital, adding an estimated $31.3M. The largest seller was QFR Capital Management, exiting entirely with an estimated $15.2M sold.
- 81 institutional investors held iShares MSCI Turkey ETF (TUR) as of Q1 2015, down from 88 in Q4 2014.
- Funds reported $250M of iShares MSCI Turkey ETF stock for Q1 2015, down 9.8% quarter-over-quarter.
- 18 funds opened new iShares MSCI Turkey ETF positions in Q1 2015 and 24 closed out, a net change of -6 holders.
- The largest iShares MSCI Turkey ETF buyer in Q1 2015 was Arrowstreet Capital, an estimated $31.3M added.
- The largest iShares MSCI Turkey ETF seller in Q1 2015 was QFR Capital Management, an estimated $15.2M sold.
Based on aggregated 13F filings for Q1 2015.