iShares US Broker-Dealers & Securities Exchanges ETF
69 hedge funds and large institutions have $194M invested in iShares US Broker-Dealers & Securities Exchanges ETF in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 16 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
0.59% more ownership
Funds ownership: 61.99% → 62.57% (+0.59%)
7% less funds holding
Funds holding: 74 → 69 (-5)
31% less capital invested
Capital invested by funds: $280M → $194M (-$86M)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.01M |
| 2 |
Jane Street
New York
|
+$2.41M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.83M |
| 4 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$1.74M |
| 5 |
Morgan Stanley
New York
|
+$917K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$30.2M |
| 2 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$22.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$7.49M |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$6.42M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SI
76
Stephens Inc
Little Rock,
Arkansas
| – | -$205K | -3,194 | Closed |
|
77
Envestnet Asset Management
Chicago,
Illinois
| – | -$87K | -1,359 | Closed |
|
78
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$49K | -765 | Closed |
|
|
1IA
79
1834 Investment Advisors
Milwaukee,
Wisconsin
| – | -$24K | -376 | Closed |
|
|
BCA
80
Bay Colony Advisors
Concord,
Massachusetts
| – | -$21K | -326 | Closed |
|
81
SEI Investments
Oaks,
Pennsylvania
| – | -$13K | -200 | Closed |
|
|
CG
82
Cutler Group
San Francisco,
California
| – | -$6K | -100 | Closed |
|
|
BFEC
83
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$3K | -47 | Closed |
|
|
AF
84
Allworth Financial
Folsom,
California
| – | +$390 | +6 | New |
|
IAI Hedge Fund Activity: Q3 2018 in Review
69 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in iShares US Broker-Dealers & Securities Exchanges ETF (IAI) for Q3 2018, worth a combined $194M — down 31% from $280M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of IAI and 11 opened new positions — a net loss of 5 holders — while 22 trimmed existing stakes and 24 added.
The largest buyer was Credit Suisse, adding an estimated $3.01M. The largest seller was Janney Capital Management, exiting entirely with an estimated $30.2M sold.
- 69 institutional investors held iShares US Broker-Dealers & Securities Exchanges ETF (IAI) as of Q3 2018, down from 74 in Q2 2018.
- Funds reported $194M of iShares US Broker-Dealers & Securities Exchanges ETF stock for Q3 2018, down 31% quarter-over-quarter.
- 11 funds opened new iShares US Broker-Dealers & Securities Exchanges ETF positions in Q3 2018 and 16 closed out, a net change of -5 holders.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF buyer in Q3 2018 was Credit Suisse, an estimated $3.01M added.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF seller in Q3 2018 was Janney Capital Management, an estimated $30.2M sold.
Based on aggregated 13F filings for Q3 2018.