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iShares US Broker-Dealers & Securities Exchanges ETF

191 hedge funds and large institutions have $1.03B invested in iShares US Broker-Dealers & Securities Exchanges ETF in 2025 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 66 increasing their positions, 52 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 21

27% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 52

5% more capital invested

Capital invested by funds: $978M → $1.03B (+$53.4M)

4.71% more ownership

Funds ownership: 62.15%66.86% (+4.7%)

4% more funds holding

Funds holding: 184191 (+7)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

3% less call options, than puts

Call options by funds: $2.08M | Put options by funds: $2.13M

Holders
191
Holders Change
+7
Holders Change %
+3.8%
% of All Funds
2.32%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
31
Increased
66
Reduced
52
Closed
21
Calls
$2.08M
Puts
$2.13M
Net Calls
-$54K
Net Calls Change
+$4.48M
Name Holding Trade Value Shares
Change
Change in
Stake
CCA
26
Cadent Capital Advisors
Oklahoma
$6.26M +$372K +2,120 +6%
IA
27
IFP Advisors
Florida
$6.26M +$245K +1,398 +4%
SPIA
28
Steward Partners Investment Advisory
New York
$6.13M +$170K +967 +3%
MIG
29
McGuire Investment Group
Rhode Island
$5.61M -$23.7K -135 -0.4%
FFS
30
Founders Financial Securities
Maryland
$5.06M +$221K +1,257 +5%
Mirae Asset Global Investments
31
Mirae Asset Global Investments
South Korea
$4.52M -$640K -3,643 -13%
Janney Montgomery Scott
32
Janney Montgomery Scott
Pennsylvania
$4.52M +$408K +2,321 +10%
Commonwealth Equity Services
33
Commonwealth Equity Services
Massachusetts
$4.5M +$421K +2,396 +11%
FIS
34
Fischer Investment Strategies
California
$4.3M -$235K -1,336 -5%
EH
35
Equitable Holdings
New York
$3.79M -$389K -2,216 -9%
CCA
36
Cottonwood Capital Advisors
Utah
$3.6M +$123K +701 +4%
Qube Research & Technologies (QRT)
37
Qube Research & Technologies (QRT)
United Kingdom
$3.48M -$1.64M -9,327 -32%
TF
38
Tudor Financial
Ohio
$3.41M +$29.5K +168 +0.9%
1NWS
39
1 North Wealth Services
Maryland
$3.36M +$6.85K +39 +0.2%
MTWSIF
40
Mivtachim The Workers Social Insurance Fund
Israel
$2.96M +$2.9M +16,500 New
Cetera Investment Advisers
41
Cetera Investment Advisers
Illinois
$2.95M +$465K +2,650 +19%
Envestnet Asset Management
42
Envestnet Asset Management
Illinois
$2.92M +$7.73K +44 +0.3%
AWA
43
Arete Wealth Advisors
Illinois
$2.92M -$1.41K -8 -0%
AIP
44
ARS Investment Partners
New York
$2.85M +$10.2K +58 +0.4%
BAAM
45
Baker Avenue Asset Management
California
$2.73M +$17.2K +98 +0.6%
GDP
46
Great Diamond Partners
Maine
$2.71M +$7.02K +40 +0.3%
VA
47
VestGen Advisors
Illinois
$2.7M -$236K -1,342 -8%
HOWA
48
Heritage Oak Wealth Advisors
Florida
$2.62M -$1.58K -9 -0.1%
PWA
49
PCG Wealth Advisors
Kansas
$2.3M +$263K +1,495 +13%
Jones Financial Companies
50
Jones Financial Companies
Missouri
$2.25M +$308K +1,753 +16%

IAI Hedge Fund Activity: Q4 2025 in Review

191 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in iShares US Broker-Dealers & Securities Exchanges ETF (IAI) for Q4 2025, worth a combined $1.03B — up 5.5% from $978M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new IAI positions and 21 closed out — a net gain of 10 holders — while 66 added to existing stakes and 52 trimmed.

The largest buyer was Harel Insurance Investments & Financial Services, adding an estimated $94.6M. The largest seller was Bank of America, cutting an estimated $26.6M.

  • 191 institutional investors held iShares US Broker-Dealers & Securities Exchanges ETF (IAI) as of Q4 2025, up from 184 in Q3 2025.
  • Funds reported $1.03B of iShares US Broker-Dealers & Securities Exchanges ETF stock for Q4 2025, up 5.5% quarter-over-quarter.
  • 31 funds opened new iShares US Broker-Dealers & Securities Exchanges ETF positions in Q4 2025 and 21 closed out, a net change of +10 holders.
  • The largest iShares US Broker-Dealers & Securities Exchanges ETF buyer in Q4 2025 was Harel Insurance Investments & Financial Services, an estimated $94.6M added.
  • The largest iShares US Broker-Dealers & Securities Exchanges ETF seller in Q4 2025 was Bank of America, an estimated $26.6M sold.

Based on aggregated 13F filings for Q4 2025.