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iShares MSCI Turkey ETF

76 hedge funds and large institutions have $179M invested in iShares MSCI Turkey ETF in 2016 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 15 increasing their positions, 28 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% less funds holding

Funds holding: 8676 (-10)

14.28% less ownership

Funds ownership: 65.96%51.68% (-14%)

21% less capital invested

Capital invested by funds: $227M → $179M (-$48.5M)

31% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 26

46% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 28

73% less call options, than puts

Call options by funds: $4.2M | Put options by funds: $15.9M

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
76
Holders Change
-10
Holders Change %
-11.63%
% of All Funds
2.03%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
18
Increased
15
Reduced
28
Closed
26
Calls
$4.2M
Puts
$15.9M
Net Calls
-$11.7M
Net Calls Change
+$11.4M
Name Holding Trade Value Shares
Change
Change in
Stake
State of Tennessee, Department of Treasury
1
State of Tennessee, Department of Treasury
Tennessee
$39.5M
Macquarie Group
2
Macquarie Group
Australia
$21.7M -$18.6M -480,500 -46%
IAM
3
Impala Asset Management
Florida
$10.7M +$11M +283,660 New
Citigroup
4
Citigroup
New York
$10.7M +$1.54M +39,804 +16%
H
5
Hexavest
Quebec, Canada
$9.78M +$9.98M +258,265 New
Millennium Management
6
Millennium Management
New York
$8.67M +$8.85M +228,898 New
SG Americas Securities
7
SG Americas Securities
New York
$7.76M +$4.51M +116,770 +133%
Fiera Capital (Canada)
8
Fiera Capital (Canada)
Quebec, Canada
$6.75M +$402K +10,400 +6%
Invesco
9
Invesco
Georgia
$6.59M +$240K +6,200 +4%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$5.64M +$176K +4,551 +3%
Jane Street
11
Jane Street
New York
$5.49M -$6.26M -161,924 -53%
Morgan Stanley
12
Morgan Stanley
New York
$4.54M -$2.12M -54,734 -31%
UBS Group
13
UBS Group
Switzerland
$3.44M -$2.71M -70,025 -44%
SEI Investments
14
SEI Investments
Pennsylvania
$3.21M +$2.9M +75,133 +785%
VanEck Associates
15
VanEck Associates
New York
$3.21M +$3.27M +84,700 New
Citadel Advisors
16
Citadel Advisors
Florida
$2.36M +$798K +20,652 +49%
HP
17
Hosking Partners
United Kingdom
$2.29M +$212K +5,473 +10%
T. Rowe Price Associates
18
T. Rowe Price Associates
Maryland
$2.02M +$2.06M +53,300 New
Bank of America
19
Bank of America
North Carolina
$1.95M +$674K +17,436 +51%
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$1.8M +$1.84M +47,659 New
PAM
21
Panagora Asset Management
Massachusetts
$1.76M +$127K +3,295 +8%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$1.7M
BIT
23
BlackRock Institutional Trust
California
$1.49M
AC
24
AFAM Capital
Texas
$1.4M -$292K -7,559 -17%
CCA
25
Catalyst Capital Advisors
New York
$1.38M +$1.41M +36,536 New

TUR Hedge Fund Activity: Q3 2016 in Review

76 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Turkey ETF (TUR) for Q3 2016, worth a combined $179M — down 21% from $227M a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of TUR and 18 opened new positions — a net loss of 8 holders — while 28 trimmed existing stakes and 15 added.

The largest buyer was Impala Asset Management, opening a new position worth an estimated $11M. The largest seller was Macquarie Group, cutting an estimated $18.6M.

  • 76 institutional investors held iShares MSCI Turkey ETF (TUR) as of Q3 2016, down from 86 in Q2 2016.
  • Funds reported $179M of iShares MSCI Turkey ETF stock for Q3 2016, down 21% quarter-over-quarter.
  • 18 funds opened new iShares MSCI Turkey ETF positions in Q3 2016 and 26 closed out, a net change of -8 holders.
  • The largest iShares MSCI Turkey ETF buyer in Q3 2016 was Impala Asset Management, an estimated $11M added.
  • The largest iShares MSCI Turkey ETF seller in Q3 2016 was Macquarie Group, an estimated $18.6M sold.

Based on aggregated 13F filings for Q3 2016.