We are live on ! Find out more
IAI icon

iShares US Broker-Dealers & Securities Exchanges ETF

191 hedge funds and large institutions have $1.03B invested in iShares US Broker-Dealers & Securities Exchanges ETF in 2025 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 66 increasing their positions, 52 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 21

27% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 52

5% more capital invested

Capital invested by funds: $978M → $1.03B (+$53.4M)

4.71% more ownership

Funds ownership: 62.15%66.86% (+4.7%)

4% more funds holding

Funds holding: 184191 (+7)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

3% less call options, than puts

Call options by funds: $2.08M | Put options by funds: $2.13M

Holders
191
Holders Change
+7
Holders Change %
+3.8%
% of All Funds
2.32%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
31
Increased
66
Reduced
52
Closed
21
Calls
$2.08M
Puts
$2.13M
Net Calls
-$54K
Net Calls Change
+$4.48M
Name Holding Trade Value Shares
Change
Change in
Stake
PAG
101
Private Advisor Group
New Jersey
$446K +$86.4K +492 +25%
SF
102
Summit Financial
New Jersey
$438K
KA
103
Kovack Advisors
Florida
$414K +$405K +2,306 New
D.E. Shaw & Co
104
D.E. Shaw & Co
New York
$400K -$246K -1,400 -39%
NWA
105
Navis Wealth Advisors
New York
$395K -$52.7K -300 -12%
GEA
106
Glen Eagle Advisors
New Jersey
$381K
AIA
107
AIMZ Investment Advisors
California
$366K +$358K +2,040 New
Bank of New York Mellon
108
Bank of New York Mellon
New York
$348K
YIH
109
Y-Intercept (HK)
Hong Kong
$341K +$334K +1,901 New
CF
110
Centaurus Financial
California
$338K +$8.78K +50 +3%
RWS
111
Resolute Wealth Strategies
Mississippi
$330K -$9.83K -56 -3%
KIA
112
Kraematon Investment Advisors
Massachusetts
$326K +$319K +1,817 New
NSIM
113
North Star Investment Management
Illinois
$295K
WA
114
WESPAC Advisors
California
$292K
Simplex Trading
115
Simplex Trading
Illinois
$287K +$281K +1,598 New
Carson Wealth (CWM LLC)
116
Carson Wealth (CWM LLC)
Nebraska
$278K +$257K +1,462 +1,643%
AFP
117
Ausdal Financial Partners
Iowa
$270K -$47.4K -270 -15%
SL
118
SWMG LLC
Texas
$258K +$527 +3 +0.2%
Northwestern Mutual Wealth Management
119
Northwestern Mutual Wealth Management
Wisconsin
$249K +$94.1K +536 +63%
SFS
120
Sowell Financial Services
Arkansas
$246K -$16.7K -95 -6%
FCA
121
Fortis Capital Advisors
Kansas
$242K +$237K +1,348 New
Mercer Global Advisors
122
Mercer Global Advisors
Colorado
$240K +$16.9K +96 +8%
XT
123
XTX Topco
Cayman Islands
$223K +$219K +1,246 New
AWM
124
Axxcess Wealth Management
California
$222K +$527 +3 +0.2%
WPP
125
Whalerock Point Partners
Rhode Island
$220K

IAI Hedge Fund Activity: Q4 2025 in Review

191 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in iShares US Broker-Dealers & Securities Exchanges ETF (IAI) for Q4 2025, worth a combined $1.03B — up 5.5% from $978M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new IAI positions and 21 closed out — a net gain of 10 holders — while 66 added to existing stakes and 52 trimmed.

The largest buyer was Harel Insurance Investments & Financial Services, adding an estimated $94.6M. The largest seller was Bank of America, cutting an estimated $26.6M.

  • 191 institutional investors held iShares US Broker-Dealers & Securities Exchanges ETF (IAI) as of Q4 2025, up from 184 in Q3 2025.
  • Funds reported $1.03B of iShares US Broker-Dealers & Securities Exchanges ETF stock for Q4 2025, up 5.5% quarter-over-quarter.
  • 31 funds opened new iShares US Broker-Dealers & Securities Exchanges ETF positions in Q4 2025 and 21 closed out, a net change of +10 holders.
  • The largest iShares US Broker-Dealers & Securities Exchanges ETF buyer in Q4 2025 was Harel Insurance Investments & Financial Services, an estimated $94.6M added.
  • The largest iShares US Broker-Dealers & Securities Exchanges ETF seller in Q4 2025 was Bank of America, an estimated $26.6M sold.

Based on aggregated 13F filings for Q4 2025.