iShares US Broker-Dealers & Securities Exchanges ETF
53 hedge funds and large institutions have $80.4M invested in iShares US Broker-Dealers & Securities Exchanges ETF in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
4% more funds holding
Funds holding: 51 → 53 (+2)
13.92% less ownership
Funds ownership: 59.46% → 45.54% (-14%)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
30% less capital invested
Capital invested by funds: $115M → $80.4M (-$34.4M)
100% less call options, than puts
Call options by funds: $2K | Put options by funds: $1.93M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$4.48M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.8M |
| 3 |
Goldman Sachs
New York
|
+$2.6M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.44M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DP
DSAM Partners
London,
United Kingdom
|
-$26.9M |
| 2 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$7.98M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.19M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$4.18M |
| 5 |
LPL Financial
San Diego,
California
|
-$3.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RAM
51
Riggs Asset Management
Dallas,
Pennsylvania
| $5K | – | – | – |
|
52
US Bancorp
Minneapolis,
Minnesota
| $3K | – | – | – |
|
|
DP
53
DSAM Partners
London,
United Kingdom
| – | -$26.9M | -544,340 | Closed |
|
|
NCM
54
Niemann Capital Management
Stateline,
Nevada
| – | -$7.98M | -161,350 | Closed |
|
|
UCFA
55
United Capital Financial Advisors
Irving,
Texas
| – | -$4.18M | -84,421 | Closed |
|
56
Walleye Trading
New York
| – | -$416K | -8,416 | Closed |
|
|
FA
57
FDx Advisors
Chicago,
Illinois
| – | -$204K | -4,126 | Closed |
|
|
CG
58
Cutler Group
San Francisco,
California
| – | -$98.6K | -1,900 | Closed |
|
59
JP Morgan Chase
New York
| – | -$19K | -382 | Closed |
|
60
AssetMark Inc
Concord,
California
| – | -$1K | -29 | Closed |
|
IAI Hedge Fund Activity: Q1 2017 in Review
53 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in iShares US Broker-Dealers & Securities Exchanges ETF (IAI) for Q1 2017, worth a combined $80.4M — down 30% from $115M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new IAI positions and 8 closed out — a net gain of 3 holders — while 14 added to existing stakes and 17 trimmed.
The largest buyer was Merriman Wealth Management, opening a new position worth an estimated $4.48M. The largest seller was DSAM Partners, exiting entirely with an estimated $26.9M sold.
- 53 institutional investors held iShares US Broker-Dealers & Securities Exchanges ETF (IAI) as of Q1 2017, up from 51 in Q4 2016.
- Funds reported $80.4M of iShares US Broker-Dealers & Securities Exchanges ETF stock for Q1 2017, down 30% quarter-over-quarter.
- 11 funds opened new iShares US Broker-Dealers & Securities Exchanges ETF positions in Q1 2017 and 8 closed out, a net change of +3 holders.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF buyer in Q1 2017 was Merriman Wealth Management, an estimated $4.48M added.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF seller in Q1 2017 was DSAM Partners, an estimated $26.9M sold.
Based on aggregated 13F filings for Q1 2017.