iShares US Broker-Dealers & Securities Exchanges ETF
51 hedge funds and large institutions have $149M invested in iShares US Broker-Dealers & Securities Exchanges ETF in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 6 reducing their positions, and 10 closing their positions.
433% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 6
4% less funds holding
Funds holding: 53 → 51 (-2)
18% less capital invested
Capital invested by funds: $181M → $149M (-$32.5M)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
27.86% less ownership
Funds ownership: 70.56% → 42.71% (-28%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.23M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.31M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$2.28M |
| 4 |
Jane Street
New York
|
+$1.89M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$42.7M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$5.88M |
| 3 |
SFI
SPC Financial Inc
Rockville,
Maryland
|
-$5.77M |
| 4 |
SG Americas Securities
New York
|
-$984K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$660K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JCM
51
Janney Capital Management
Pittsburgh,
Pennsylvania
| – | -$42.7M | -996,814 | Closed |
|
|
RJFSA
52
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$5.88M | -137,287 | Closed |
|
|
SFI
53
SPC Financial Inc
Rockville,
Maryland
| – | -$5.77M | -134,601 | Closed |
|
|
54
SG Americas Securities
New York
| – | -$984K | -22,979 | Closed |
|
|
X
55
Xponance
Philadelphia,
Pennsylvania
| – | -$563K | -13,147 | Closed |
|
|
CS
56
Credit Suisse
Zurich,
Switzerland
| – | -$223K | -5,200 | Closed |
|
|
ED
57
Exane Derivatives
Paris,
France
| – | -$150K | -3,510 | Closed |
|
58
Simplex Trading
Chicago,
Illinois
| – | -$8K | -200 | Closed |
|
|
W
59
Wealthfront
Palo Alto,
California
| – | -$4K | -93 | Closed |
|
60
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$2 | -50 | Closed |
|
IAI Hedge Fund Activity: Q2 2015 in Review
51 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in iShares US Broker-Dealers & Securities Exchanges ETF (IAI) for Q2 2015, worth a combined $149M — down 18% from $181M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of IAI and 8 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 32 added.
The largest buyer was Morgan Stanley, adding an estimated $4.23M. The largest seller was Janney Capital Management, exiting entirely with an estimated $42.7M sold.
- 51 institutional investors held iShares US Broker-Dealers & Securities Exchanges ETF (IAI) as of Q2 2015, down from 53 in Q1 2015.
- Funds reported $149M of iShares US Broker-Dealers & Securities Exchanges ETF stock for Q2 2015, down 18% quarter-over-quarter.
- 8 funds opened new iShares US Broker-Dealers & Securities Exchanges ETF positions in Q2 2015 and 10 closed out, a net change of -2 holders.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF buyer in Q2 2015 was Morgan Stanley, an estimated $4.23M added.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF seller in Q2 2015 was Janney Capital Management, an estimated $42.7M sold.
Based on aggregated 13F filings for Q2 2015.