iShares US Broker-Dealers & Securities Exchanges ETF
48 hedge funds and large institutions have $166M invested in iShares US Broker-Dealers & Securities Exchanges ETF in 2014 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 17 increasing their positions, 7 reducing their positions, and 6 closing their positions.
217% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 6
143% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 7
127% more call options, than puts
Call options by funds: $571K | Put options by funds: $251K
49% more capital invested
Capital invested by funds: $111M → $166M (+$54.9M)
37% more funds holding
Funds holding: 35 → 48 (+13)
12.37% more ownership
Funds ownership: 51.37% → 63.74% (+12%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$21.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$9.47M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$8.84M |
| 4 |
PFG
Pacific Financial Group
Bellevue,
Washington
|
+$6.5M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$7.64M |
| 2 |
Citigroup
New York
|
-$5.75M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$2.04M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.45M |
| 5 |
VF
Virtu Financial
New York
|
-$1.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCC
51
Mid Continent Capital
Chicago,
Illinois
| – | -$1.24M | -32,185 | Closed |
|
52
Schroder Investment Management Group
London,
United Kingdom
| – | -$348K | -9,000 | Closed |
|
|
NES
53
New England Securities
New York
| – | -$33K | -845 | Closed |
|
|
V
54
Veritable
Wilmington,
Delaware
| – | -$6K | -150 | Closed |
|
IAI Hedge Fund Activity: Q1 2014 in Review
48 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in iShares US Broker-Dealers & Securities Exchanges ETF (IAI) for Q1 2014, worth a combined $166M — up 49% from $111M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new IAI positions and 6 closed out — a net gain of 13 holders — while 17 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $21.9M. The largest seller was Brookstone Capital Management, exiting entirely with an estimated $7.64M sold.
- 48 institutional investors held iShares US Broker-Dealers & Securities Exchanges ETF (IAI) as of Q1 2014, up from 35 in Q4 2013.
- Funds reported $166M of iShares US Broker-Dealers & Securities Exchanges ETF stock for Q1 2014, up 49% quarter-over-quarter.
- 19 funds opened new iShares US Broker-Dealers & Securities Exchanges ETF positions in Q1 2014 and 6 closed out, a net change of +13 holders.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF buyer in Q1 2014 was Morgan Stanley, an estimated $21.9M added.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF seller in Q1 2014 was Brookstone Capital Management, an estimated $7.64M sold.
Based on aggregated 13F filings for Q1 2014.