iShares US Broker-Dealers & Securities Exchanges ETF
55 hedge funds and large institutions have $100M invested in iShares US Broker-Dealers & Securities Exchanges ETF in 2017 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
28% more capital invested
Capital invested by funds: $78.5M → $100M (+$21.9M)
15% more funds holding
Funds holding: 48 → 55 (+7)
2.62% more ownership
Funds ownership: 47.45% → 50.07% (+2.6%)
43% less call options, than puts
Call options by funds: $766K | Put options by funds: $1.34M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$3.33M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.97M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.59M |
| 4 |
JP Morgan Chase
New York
|
+$1.18M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$921K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.65M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.38M |
| 3 |
Goldman Sachs
New York
|
-$996K |
| 4 |
Morgan Stanley
New York
|
-$938K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$899K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
POIA
51
Pin Oak Investment Advisors
Houston,
Texas
| $19K | +$18.2K | +305 | New |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $15K | – | – | – |
|
53
SEI Investments
Oaks,
Pennsylvania
| $13K | – | – | – |
|
|
FDCDDQ
54
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $7.85K | – | – | – |
|
|
TH
55
Timber Hill
Greenwich,
Connecticut
| – | -$899K | -15,725 | Closed |
|
|
AGM
56
Alpine Global Management
New York
| – | -$589K | -10,300 | Closed |
|
57
Prudential Financial
Newark,
New Jersey
| – | -$285K | -4,980 | Closed |
|
|
NPC
58
National Planning Corporation
El Segundo,
California
| – | -$215K | -3,767 | Closed |
|
IAI Hedge Fund Activity: Q4 2017 in Review
55 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in iShares US Broker-Dealers & Securities Exchanges ETF (IAI) for Q4 2017, worth a combined $100M — up 28% from $78.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new IAI positions and 4 closed out — a net gain of 7 holders — while 20 added to existing stakes and 12 trimmed.
The largest buyer was Clark Capital Management Group, opening a new position worth an estimated $3.33M. The largest seller was Private Advisor Group, cutting an estimated $1.65M.
- 55 institutional investors held iShares US Broker-Dealers & Securities Exchanges ETF (IAI) as of Q4 2017, up from 48 in Q3 2017.
- Funds reported $100M of iShares US Broker-Dealers & Securities Exchanges ETF stock for Q4 2017, up 28% quarter-over-quarter.
- 11 funds opened new iShares US Broker-Dealers & Securities Exchanges ETF positions in Q4 2017 and 4 closed out, a net change of +7 holders.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF buyer in Q4 2017 was Clark Capital Management Group, an estimated $3.33M added.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF seller in Q4 2017 was Private Advisor Group, an estimated $1.65M sold.
Based on aggregated 13F filings for Q4 2017.