iShares MSCI Turkey ETF
TUR
72 hedge funds and large institutions have $141M invested in iShares MSCI Turkey ETF in 2019 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 27 reducing their positions, and 24 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
2.23% more ownership
Funds ownership: 39.62% → 41.85% (+2.2%)
2% less capital invested
Capital invested by funds: $144M → $141M (-$2.61M)
15% less funds holding
Funds holding: 85 → 72 (-13)
34% less call options, than puts
Call options by funds: $19.7M | Put options by funds: $29.8M
37% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 27
54% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ED
Exane Derivatives
Paris,
France
|
+$10.5M |
| 2 |
ECM
ExodusPoint Capital Management
New York
|
+$5.14M |
| 3 |
Goldman Sachs
New York
|
+$4.9M |
| 4 |
MLM
Mount Lucas Management
Newtown,
Pennsylvania
|
+$3.51M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$13M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$5.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$5.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.9M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.41M |
TUR Hedge Fund Activity: Q3 2019 in Review
72 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Turkey ETF (TUR) for Q3 2019, worth a combined $141M — down 1.8% from $144M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of TUR and 11 opened new positions — a net loss of 13 holders — while 27 trimmed existing stakes and 17 added.
The largest buyer was Exane Derivatives, opening a new position worth an estimated $10.5M. The largest seller was Jane Street, cutting an estimated $13M.
- 72 institutional investors held iShares MSCI Turkey ETF (TUR) as of Q3 2019, down from 85 in Q2 2019.
- Funds reported $141M of iShares MSCI Turkey ETF stock for Q3 2019, down 1.8% quarter-over-quarter.
- 11 funds opened new iShares MSCI Turkey ETF positions in Q3 2019 and 24 closed out, a net change of -13 holders.
- The largest iShares MSCI Turkey ETF buyer in Q3 2019 was Exane Derivatives, an estimated $10.5M added.
- The largest iShares MSCI Turkey ETF seller in Q3 2019 was Jane Street, an estimated $13M sold.
Based on aggregated 13F filings for Q3 2019.