iShares US Broker-Dealers & Securities Exchanges ETF
111 hedge funds and large institutions have $568M invested in iShares US Broker-Dealers & Securities Exchanges ETF in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 33 increasing their positions, 51 reducing their positions, and 21 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
3.83% more ownership
Funds ownership: 70.91% → 74.74% (+3.8%)
3% less capital invested
Capital invested by funds: $587M → $568M (-$19.7M)
3% less funds holding
Funds holding: 115 → 111 (-4)
14% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 21
35% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 51
100% less call options, than puts
Call options by funds: $27K | Put options by funds: $10.9M
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$23.1M |
| 2 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$21M |
| 3 |
AssetMark Inc
Concord,
California
|
-$17.7M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$13.6M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$8.71M |
IAI Hedge Fund Activity: Q1 2023 in Review
111 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in iShares US Broker-Dealers & Securities Exchanges ETF (IAI) for Q1 2023, worth a combined $568M — down 3.4% from $587M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of IAI and 18 opened new positions — a net loss of 3 holders — while 51 trimmed existing stakes and 33 added.
The largest buyer was Fisher Asset Management, adding an estimated $81.3M. The largest seller was Bank of Montreal, exiting entirely with an estimated $23.1M sold.
- 111 institutional investors held iShares US Broker-Dealers & Securities Exchanges ETF (IAI) as of Q1 2023, down from 115 in Q4 2022.
- Funds reported $568M of iShares US Broker-Dealers & Securities Exchanges ETF stock for Q1 2023, down 3.4% quarter-over-quarter.
- 18 funds opened new iShares US Broker-Dealers & Securities Exchanges ETF positions in Q1 2023 and 21 closed out, a net change of -3 holders.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF buyer in Q1 2023 was Fisher Asset Management, an estimated $81.3M added.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF seller in Q1 2023 was Bank of Montreal, an estimated $23.1M sold.
Based on aggregated 13F filings for Q1 2023.