Based on the market values of Bridgewater’s position in those ETFs, the firm accounts for a considerable portion of hedge fund ownership of ETFs. At the start of the third quarter, hedge funds owned nearly $37 billion worth of various ETFs, an amount that was up 12.1% from the start of the second quarter. [Hedge Funds Love These ETFs]
Recent research from Bank of America Merrill Lynch shows VWO and EEM are two of three most owned ETFs by hedge funds.
iShares MSCI Emerging Markets ETF
ETF Trends editorial team contributed to this article. Tom Lydon’s clients own shares of EEM, IVV, LQD and SPY.