iShares US Broker-Dealers & Securities Exchanges ETF
48 hedge funds and large institutions have $131M invested in iShares US Broker-Dealers & Securities Exchanges ETF in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 19 reducing their positions, and 9 closing their positions.
7% more capital invested
Capital invested by funds: $123M → $131M (+$8.23M)
2% less funds holding
Funds holding: 49 → 48 (-1)
9.13% less ownership
Funds ownership: 64.35% → 55.22% (-9.1%)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
26% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$4.24M |
| 2 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
+$3.02M |
| 3 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$1.94M |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$1.33M |
| 5 |
CPC
Cookson Peirce & Co
Pittsburgh,
Pennsylvania
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.89M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.78M |
| 3 |
SG Americas Securities
New York
|
-$1.59M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.36M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRWA
51
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$640K | -34,664 | Closed |
|
|
CHFS
52
Cobble Hill Financial Services
Moorestown,
New Jersey
| – | -$377K | -10,000 | Closed |
|
|
SIA
53
SeaBridge Investment Advisors
Summit,
New Jersey
| – | -$171K | -4,540 | Closed |
|
54
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$17K | -449 | Closed |
|
|
NES
55
New England Securities
New York
| – | -$5K | -120 | Closed |
|
56
Ameriprise
Minneapolis,
Minnesota
| – | -$2K | -53 | Closed |
|
57
Citigroup
New York
| – | -$1K | -18 | Closed |
|
IAI Hedge Fund Activity: Q3 2014 in Review
48 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in iShares US Broker-Dealers & Securities Exchanges ETF (IAI) for Q3 2014, worth a combined $131M — up 6.7% from $123M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of IAI and 8 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 14 added.
The largest buyer was Janney Capital Management, adding an estimated $4.24M. The largest seller was Bank of America, cutting an estimated $2.89M.
- 48 institutional investors held iShares US Broker-Dealers & Securities Exchanges ETF (IAI) as of Q3 2014, down from 49 in Q2 2014.
- Funds reported $131M of iShares US Broker-Dealers & Securities Exchanges ETF stock for Q3 2014, up 6.7% quarter-over-quarter.
- 8 funds opened new iShares US Broker-Dealers & Securities Exchanges ETF positions in Q3 2014 and 9 closed out, a net change of -1 holder.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF buyer in Q3 2014 was Janney Capital Management, an estimated $4.24M added.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF seller in Q3 2014 was Bank of America, an estimated $2.89M sold.
Based on aggregated 13F filings for Q3 2014.