iShares Edge MSCI Multifactor Financials ETF
FNCF
FNCF was delisted on the 15th of August, 2018.
8 hedge funds and large institutions have $11.5M invested in iShares Edge MSCI Multifactor Financials ETF in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 1 closing their positions.
288% more capital invested
Capital invested by funds: $2.97M → $11.5M (+$8.55M)
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
14% more funds holding
Funds holding: 7 → 8 (+1)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$9.75M |
| 2 |
Jane Street
New York
|
+$854K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$13.8K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$5.53K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$342K |
| 2 |
LPL Financial
San Diego,
California
|
-$234K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$50.3K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWM
1
Cornerstone Wealth Management
St. Peters,
Missouri
| $8.71M | +$9.75M | +282,221 | +3,420% |
|
|
2
Jane Street
New York
| $1.13M | +$854K | +24,738 | +272% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.03M | -$342K | -9,900 | -24% |
|
|
4
LPL Financial
San Diego,
California
| $312K | -$234K | -6,767 | -42% |
|
|
5
Bank of America
Charlotte,
North Carolina
| $292K | -$50.3K | -1,455 | -14% |
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $33K | – | – | – |
|
|
IA
7
IFP Advisors
Tampa,
Florida
| $13K | +$13.8K | +400 | New |
|
|
8
Wells Fargo
San Francisco,
California
| $5K | +$5.53K | +160 | New |
|
|
SWP
9
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$1K | -27 | Closed |
|
FNCF Hedge Fund Activity: Q2 2018 in Review
8 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in iShares Edge MSCI Multifactor Financials ETF (FNCF) for Q2 2018, worth a combined $11.5M — up 288% from $2.97M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FNCF positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Cornerstone Wealth Management, adding an estimated $9.75M. The largest seller was Susquehanna International Group, cutting an estimated $342K.
- 8 institutional investors held iShares Edge MSCI Multifactor Financials ETF (FNCF) as of Q2 2018, up from 7 in Q1 2018.
- Funds reported $11.5M of iShares Edge MSCI Multifactor Financials ETF stock for Q2 2018, up 288% quarter-over-quarter.
- 2 funds opened new iShares Edge MSCI Multifactor Financials ETF positions in Q2 2018 and 1 closed out, a net change of +1 holder.
- The largest iShares Edge MSCI Multifactor Financials ETF buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $9.75M added.
- The largest iShares Edge MSCI Multifactor Financials ETF seller in Q2 2018 was Susquehanna International Group, an estimated $342K sold.
Based on aggregated 13F filings for Q2 2018.