iShares MSCI Turkey ETF
TUR
88 hedge funds and large institutions have $277M invested in iShares MSCI Turkey ETF in 2014 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 18 increasing their positions, 25 reducing their positions, and 15 closing their positions.
80% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 15
33% more call options, than puts
Call options by funds: $5.88M | Put options by funds: $4.44M
20% more capital invested
Capital invested by funds: $231M → $277M (+$45.3M)
10% more funds holding
Funds holding: 80 → 88 (+8)
4.23% more ownership
Funds ownership: 51.76% → 55.99% (+4.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
28% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QCM
QFR Capital Management
New York
|
+$14.9M |
| 2 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$12.2M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$9.54M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$5.28M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Glovista Investments
Jersey City,
New Jersey
|
-$11.4M |
| 2 |
Jane Street
New York
|
-$7.75M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$7.33M |
| 4 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$6.39M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$6.34M |
TUR Hedge Fund Activity: Q4 2014 in Review
88 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Turkey ETF (TUR) for Q4 2014, worth a combined $277M — up 20% from $231M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new TUR positions and 15 closed out — a net gain of 12 holders — while 18 added to existing stakes and 25 trimmed.
The largest buyer was QFR Capital Management, opening a new position worth an estimated $14.9M. The largest seller was Glovista Investments, exiting entirely with an estimated $11.4M sold.
- 88 institutional investors held iShares MSCI Turkey ETF (TUR) as of Q4 2014, up from 80 in Q3 2014.
- Funds reported $277M of iShares MSCI Turkey ETF stock for Q4 2014, up 20% quarter-over-quarter.
- 27 funds opened new iShares MSCI Turkey ETF positions in Q4 2014 and 15 closed out, a net change of +12 holders.
- The largest iShares MSCI Turkey ETF buyer in Q4 2014 was QFR Capital Management, an estimated $14.9M added.
- The largest iShares MSCI Turkey ETF seller in Q4 2014 was Glovista Investments, an estimated $11.4M sold.
Based on aggregated 13F filings for Q4 2014.