iShares US Broker-Dealers & Securities Exchanges ETF
24 hedge funds and large institutions have $70.3M invested in iShares US Broker-Dealers & Securities Exchanges ETF in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 2 reducing their positions, and 2 closing their positions.
450% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 2
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
33% more funds holding
Funds holding: 18 → 24 (+6)
15% more capital invested
Capital invested by funds: $61.2M → $70.3M (+$9.08M)
6.6% less ownership
Funds ownership: 55.99% → 49.4% (-6.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$5.94M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.17M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.83M |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$2.45M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$6.45M |
| 2 |
GP
GLG Partners
London,
United Kingdom
|
-$5.54M |
| 3 |
Morgan Stanley
New York
|
-$1.88M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$695K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
CIBC World Market
Toronto,
Ontario, Canada
| – | -$695K | -22,573 | Closed |
|
IAI Hedge Fund Activity: Q3 2013 in Review
24 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in iShares US Broker-Dealers & Securities Exchanges ETF (IAI) for Q3 2013, worth a combined $70.3M — up 15% from $61.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new IAI positions and 2 closed out — a net gain of 6 holders — while 11 added to existing stakes and 2 trimmed.
The largest buyer was Clark Capital Management Group, adding an estimated $5.94M. The largest seller was Citigroup, cutting an estimated $6.45M.
- 24 institutional investors held iShares US Broker-Dealers & Securities Exchanges ETF (IAI) as of Q3 2013, up from 18 in Q2 2013.
- Funds reported $70.3M of iShares US Broker-Dealers & Securities Exchanges ETF stock for Q3 2013, up 15% quarter-over-quarter.
- 8 funds opened new iShares US Broker-Dealers & Securities Exchanges ETF positions in Q3 2013 and 2 closed out, a net change of +6 holders.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF buyer in Q3 2013 was Clark Capital Management Group, an estimated $5.94M added.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF seller in Q3 2013 was Citigroup, an estimated $6.45M sold.
Based on aggregated 13F filings for Q3 2013.