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iShares MSCI Turkey ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 7462 (-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: 10 (-1)

Holders
62
Holders Change
-12
Holders Change %
-16.22%
% of All Funds
0.99%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
9
Increased
15
Reduced
25
Closed
21
Calls
$29.3M
Puts
$20.2M
Net Calls
+$9.1M
Net Calls Change
+$5.53M
Name Holding Trade Value Shares
Change
Change in
Stake
Arrowstreet Capital
1
Arrowstreet Capital
Massachusetts
$12.9M +$13.6M +394,159 New
Bank of America
2
Bank of America
North Carolina
$12.8M +$325K +9,442 +2%
Morgan Stanley
3
Morgan Stanley
New York
$10.1M -$1.56M -45,201 -13%
Macquarie Group
4
Macquarie Group
Australia
$9.47M
HP
5
Hosking Partners
United Kingdom
$6.34M +$6.69M +194,331 New
MRC
6
Millburn Ridgefield Corp
New York
$5.85M +$332K +9,643 +6%
CCA
7
Catalyst Capital Advisors
New York
$5.85M +$332K +9,649 +6%
AWM
8
Affinity Wealth Management
Delaware
$5.36M +$5.65M +164,187 New
NP
9
Nilsine Partners
Colorado
$4.67M +$4.93M +143,235 New
UBS Group
10
UBS Group
Switzerland
$4.66M -$9.86M -286,365 -67%
NC
11
NewSquare Capital
Pennsylvania
$4.52M -$70.9K -2,060 -1%
Goldman Sachs
12
Goldman Sachs
New York
$3.27M +$1.38M +40,000 +66%
SC
13
Sepio Capital
Utah
$2.92M -$51.7K -1,502 -2%
Wells Fargo
14
Wells Fargo
California
$2.81M -$185K -5,360 -6%
ACM
15
Arlington Capital Management
Illinois
$2.62M +$141K +4,097 +5%
Marshall Wace
16
Marshall Wace
United Kingdom
$2.56M +$1.33M +38,576 +96%
Millennium Management
17
Millennium Management
New York
$1.95M +$1.85M +53,590 +857%
Susquehanna International Group
18
Susquehanna International Group
Pennsylvania
$1.85M +$339K +9,856 +21%
HSBC Holdings
19
HSBC Holdings
United Kingdom
$1.83M
Ameriprise
20
Ameriprise
Minnesota
$1.51M -$428K -12,418 -21%
Jane Street
21
Jane Street
New York
$1.28M -$5.15M -149,479 -79%
JP Morgan Chase
22
JP Morgan Chase
New York
$1.08M +$303K +8,813 +36%
BBVA
23
Banco Bilbao Vizcaya Argentaria
Spain
$983K +$712K +20,671 +223%
HCM
24
Hollencrest Capital Management
California
$972K
GI
25
Glovista Investments
New Jersey
$948K +$119K +3,449 +13%

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.