iShares US Broker-Dealers & Securities Exchanges ETF
39 hedge funds and large institutions have $54.6M invested in iShares US Broker-Dealers & Securities Exchanges ETF in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 22 reducing their positions, and 17 closing their positions.
16.94% less ownership
Funds ownership: 63.97% → 47.03% (-17%)
22% less funds holding
Funds holding: 50 → 39 (-11)
65% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 17
69% less capital invested
Capital invested by funds: $174M → $54.6M (-$119M)
73% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$3.85M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.45M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$933K |
| 4 |
Jane Street
New York
|
+$794K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$575K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$40.2M |
| 2 |
Morgan Stanley
New York
|
-$20.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$11.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$11.1M |
| 5 |
MM
Main Management
San Francisco,
California
|
-$8.67M |
IAI Hedge Fund Activity: Q1 2016 in Review
39 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in iShares US Broker-Dealers & Securities Exchanges ETF (IAI) for Q1 2016, worth a combined $54.6M — down 69% from $174M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of IAI and 6 opened new positions — a net loss of 11 holders — while 22 trimmed existing stakes and 6 added.
The largest buyer was Goldman Sachs, adding an estimated $3.85M. The largest seller was Janney Capital Management, exiting entirely with an estimated $40.2M sold.
- 39 institutional investors held iShares US Broker-Dealers & Securities Exchanges ETF (IAI) as of Q1 2016, down from 50 in Q4 2015.
- Funds reported $54.6M of iShares US Broker-Dealers & Securities Exchanges ETF stock for Q1 2016, down 69% quarter-over-quarter.
- 6 funds opened new iShares US Broker-Dealers & Securities Exchanges ETF positions in Q1 2016 and 17 closed out, a net change of -11 holders.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF buyer in Q1 2016 was Goldman Sachs, an estimated $3.85M added.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF seller in Q1 2016 was Janney Capital Management, an estimated $40.2M sold.
Based on aggregated 13F filings for Q1 2016.