iShares US Broker-Dealers & Securities Exchanges ETF
49 hedge funds and large institutions have $123M invested in iShares US Broker-Dealers & Securities Exchanges ETF in 2014 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 10 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 15
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
2% more funds holding
Funds holding: 48 → 49 (+1)
0.62% more ownership
Funds ownership: 63.74% → 64.35% (+0.62%)
26% less capital invested
Capital invested by funds: $166M → $123M (-$43.1M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$1.56M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.5M |
| 3 |
MM
Main Management
San Francisco,
California
|
+$1.31M |
| 4 |
JP Morgan Chase
New York
|
+$1.29M |
| 5 |
OC
Oppenheimer & Co
New York
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$10M |
| 2 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$6.95M |
| 3 |
PFG
Pacific Financial Group
Bellevue,
Washington
|
-$6.55M |
| 4 |
Morgan Stanley
New York
|
-$4.39M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFG
51
Pacific Financial Group
Bellevue,
Washington
| – | -$6.55M | -169,769 | Closed |
|
|
BAAM
52
Baker Avenue Asset Management
San Francisco,
California
| – | -$2.68M | -69,476 | Closed |
|
|
FMP
53
Financial Management Professionals
Austin,
Texas
| – | -$1.94M | -50,373 | Closed |
|
|
NFG
54
Noven Financial Group
Denver,
Colorado
| – | -$1.35M | -35,061 | Closed |
|
|
SCM
55
Sandler Capital Management
New York
| – | -$1.08M | -28,000 | Closed |
|
|
RJA
56
Raymond James & Associates
St Petersburg,
Florida
| – | -$387K | -10,026 | Closed |
|
57
Envestnet Asset Management
Chicago,
Illinois
| – | -$339K | -8,771 | Closed |
|
|
SC
58
Sumit Capital
New York
| – | -$218K | -5,640 | Closed |
|
59
Creative Planning
Overland Park,
Kansas
| – | -$124K | -3,349 | -100% |
|
IAI Hedge Fund Activity: Q2 2014 in Review
49 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in iShares US Broker-Dealers & Securities Exchanges ETF (IAI) for Q2 2014, worth a combined $123M — down 26% from $166M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new IAI positions and 10 closed out — a net gain of 1 holder — while 18 added to existing stakes and 15 trimmed.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $1.56M. The largest seller was Clark Capital Management Group, exiting entirely with an estimated $10M sold.
- 49 institutional investors held iShares US Broker-Dealers & Securities Exchanges ETF (IAI) as of Q2 2014, up from 48 in Q1 2014.
- Funds reported $123M of iShares US Broker-Dealers & Securities Exchanges ETF stock for Q2 2014, down 26% quarter-over-quarter.
- 11 funds opened new iShares US Broker-Dealers & Securities Exchanges ETF positions in Q2 2014 and 10 closed out, a net change of +1 holder.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF buyer in Q2 2014 was SG Americas Securities, an estimated $1.56M added.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF seller in Q2 2014 was Clark Capital Management Group, an estimated $10M sold.
Based on aggregated 13F filings for Q2 2014.