iShares US Broker-Dealers & Securities Exchanges ETF
64 hedge funds and large institutions have $122M invested in iShares US Broker-Dealers & Securities Exchanges ETF in 2018 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 20 closing their positions.
6.56% less ownership
Funds ownership: 62.57% → 56.01% (-6.6%)
7% less funds holding
Funds holding: 69 → 64 (-5)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
35% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 23
37% less capital invested
Capital invested by funds: $194M → $122M (-$71.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFI
SPC Financial Inc
Rockville,
Maryland
|
+$11.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.62M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.59M |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$1.41M |
| 5 |
JP Morgan Chase
New York
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$24.6M |
| 2 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$12.9M |
| 3 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
-$8.89M |
| 4 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$5.89M |
| 5 |
MWM
MinichMacGregor Wealth Management
Saratoga Springs,
New York
|
-$5.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCS
76
Crosspoint Capital Strategies
Orinda,
California
| – | -$15K | -242 | Closed |
|
|
AA
77
Ancora Advisors
Cleveland,
Ohio
| – | -$15K | -238 | Closed |
|
78
Simplex Trading
Chicago,
Illinois
| – | -$9K | -160 | Closed |
|
79
Bessemer Group
Woodbridge,
New Jersey
| – | -$4K | -71 | Closed |
|
|
FMP
80
Financial Management Professionals
Austin,
Texas
| – | -$1K | -22 | Closed |
|
|
1NWS
81
1 North Wealth Services
Annapolis,
Maryland
| – | +$60 | +1 | New |
|
|
HNB
82
Huntington National Bank
Columbus,
Ohio
| – | +$120 | +2 | New |
|
IAI Hedge Fund Activity: Q4 2018 in Review
64 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in iShares US Broker-Dealers & Securities Exchanges ETF (IAI) for Q4 2018, worth a combined $122M — down 37% from $194M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of IAI and 15 opened new positions — a net loss of 5 holders — while 23 trimmed existing stakes and 15 added.
The largest buyer was SPC Financial Inc, opening a new position worth an estimated $11.7M. The largest seller was Bank of Montreal, cutting an estimated $24.6M.
- 64 institutional investors held iShares US Broker-Dealers & Securities Exchanges ETF (IAI) as of Q4 2018, down from 69 in Q3 2018.
- Funds reported $122M of iShares US Broker-Dealers & Securities Exchanges ETF stock for Q4 2018, down 37% quarter-over-quarter.
- 15 funds opened new iShares US Broker-Dealers & Securities Exchanges ETF positions in Q4 2018 and 20 closed out, a net change of -5 holders.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF buyer in Q4 2018 was SPC Financial Inc, an estimated $11.7M added.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF seller in Q4 2018 was Bank of Montreal, an estimated $24.6M sold.
Based on aggregated 13F filings for Q4 2018.