iShares US Broker-Dealers & Securities Exchanges ETF
43 hedge funds and large institutions have $45.7M invested in iShares US Broker-Dealers & Securities Exchanges ETF in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 26 reducing their positions, and 15 closing their positions.
12.15% less ownership
Funds ownership: 55.83% → 43.68% (-12%)
20% less funds holding
Funds holding: 54 → 43 (-11)
42% less capital invested
Capital invested by funds: $78.7M → $45.7M (-$32.9M)
73% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 15
75% less call options, than puts
Call options by funds: $1K | Put options by funds: $4K
81% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$122K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$116K |
| 3 |
SCA
Snowden Capital Advisors
New York
|
+$107K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$67.5K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$46.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$6.94M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$4.05M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.97M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$2.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
51
Advisory Services Network
Atlanta,
Georgia
| – | -$92K | -1,804 | Closed |
|
|
AF
52
Advisornet Financial
Minnetonka,
Minnesota
| – | -$28K | -544 | Closed |
|
|
VNA
53
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$19K | -373 | Closed |
|
54
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$12K | -241 | Closed |
|
|
SFSIG
55
San Francisco Sentry Investment Group
San Francisco,
California
| – | -$12K | -226 | Closed |
|
|
MCM
56
McMillion Capital Management
Greensboro,
North Carolina
| – | -$10K | -190 | Closed |
|
|
GSWM
57
Golden State Wealth Management
Santa Ana,
California
| – | -$2K | -44 | Closed |
|
IAI Hedge Fund Activity: Q2 2020 in Review
43 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in iShares US Broker-Dealers & Securities Exchanges ETF (IAI) for Q2 2020, worth a combined $45.7M — down 42% from $78.7M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of IAI and 4 opened new positions — a net loss of 11 holders — while 26 trimmed existing stakes and 5 added.
The largest buyer was Meitav Investment House, adding an estimated $122K. The largest seller was Morgan Stanley, cutting an estimated $16.5M.
- 43 institutional investors held iShares US Broker-Dealers & Securities Exchanges ETF (IAI) as of Q2 2020, down from 54 in Q1 2020.
- Funds reported $45.7M of iShares US Broker-Dealers & Securities Exchanges ETF stock for Q2 2020, down 42% quarter-over-quarter.
- 4 funds opened new iShares US Broker-Dealers & Securities Exchanges ETF positions in Q2 2020 and 15 closed out, a net change of -11 holders.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF buyer in Q2 2020 was Meitav Investment House, an estimated $122K added.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF seller in Q2 2020 was Morgan Stanley, an estimated $16.5M sold.
Based on aggregated 13F filings for Q2 2020.