iShares US Broker-Dealers & Securities Exchanges ETF
74 hedge funds and large institutions have $280M invested in iShares US Broker-Dealers & Securities Exchanges ETF in 2018 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 14 closing their positions.
39% more capital invested
Capital invested by funds: $201M → $280M (+$79M)
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
7% more funds holding
Funds holding: 69 → 74 (+5)
1.82% more ownership
Funds ownership: 60.17% → 61.99% (+1.8%)
63% less call options, than puts
Call options by funds: $256K | Put options by funds: $699K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$31.5M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$29.9M |
| 3 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$13.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$8.88M |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$4.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$6.34M |
| 2 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$5.95M |
| 3 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$2.75M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.66M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWM
76
Merriman Wealth Management
Seattle,
Washington
| – | -$2.75M | -42,009 | Closed |
|
|
CAG
77
Csenge Advisory Group
Clearwater,
Florida
| – | -$873K | -13,349 | Closed |
|
78
Ameriprise
Minneapolis,
Minnesota
| – | -$517K | -7,906 | Closed |
|
|
VFA
79
Voya Financial Advisors
Windsor,
Connecticut
| – | -$265K | -4,127 | Closed |
|
|
CCT
80
Country Club Trust
Kansas City,
Missouri
| – | -$250K | -3,815 | Closed |
|
|
FA
81
FDx Advisors
Chicago,
Illinois
| – | -$232K | -3,550 | Closed |
|
82
SG Americas Securities
New York
| – | -$203K | -3,100 | Closed |
|
83
US Bancorp
Minneapolis,
Minnesota
| – | -$67K | -1,025 | Closed |
|
|
WDL
84
Well Done LLC
Holland,
Michigan
| – | -$42K | -647 | Closed |
|
|
AIM
85
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$6K | -85 | Closed |
|
|
VCM
86
Virtue Capital Management
Brentwood,
Tennessee
| – | -$6K | -83 | Closed |
|
87
Simplex Trading
Chicago,
Illinois
| – | -$3K | -59 | Closed |
|
IAI Hedge Fund Activity: Q2 2018 in Review
74 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in iShares US Broker-Dealers & Securities Exchanges ETF (IAI) for Q2 2018, worth a combined $280M — up 39% from $201M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new IAI positions and 14 closed out — a net gain of 5 holders — while 21 added to existing stakes and 17 trimmed.
The largest buyer was Janney Capital Management, opening a new position worth an estimated $31.5M. The largest seller was Niemann Capital Management, exiting entirely with an estimated $6.34M sold.
- 74 institutional investors held iShares US Broker-Dealers & Securities Exchanges ETF (IAI) as of Q2 2018, up from 69 in Q1 2018.
- Funds reported $280M of iShares US Broker-Dealers & Securities Exchanges ETF stock for Q2 2018, up 39% quarter-over-quarter.
- 19 funds opened new iShares US Broker-Dealers & Securities Exchanges ETF positions in Q2 2018 and 14 closed out, a net change of +5 holders.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF buyer in Q2 2018 was Janney Capital Management, an estimated $31.5M added.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF seller in Q2 2018 was Niemann Capital Management, an estimated $6.34M sold.
Based on aggregated 13F filings for Q2 2018.