iShares US Broker-Dealers & Securities Exchanges ETF
84 hedge funds and large institutions have $359M invested in iShares US Broker-Dealers & Securities Exchanges ETF in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 44 reducing their positions, and 39 closing their positions.
10.32% more ownership
Funds ownership: 74.74% → 85.06% (+10%)
24% less funds holding
Funds holding: 111 → 84 (-27)
37% less capital invested
Capital invested by funds: $568M → $359M (-$209M)
64% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 44
69% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 39
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
99% less call options, than puts
Call options by funds: $27K | Put options by funds: $3.43M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$19.6M |
| 2 |
Morgan Stanley
New York
|
+$19.3M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
+$5.1M |
| 4 |
LJAC
L.J. Altfest & Co
New York
|
+$1.86M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$113M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$17M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$14.1M |
| 4 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
-$14M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$11.5M |
IAI Hedge Fund Activity: Q2 2023 in Review
84 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in iShares US Broker-Dealers & Securities Exchanges ETF (IAI) for Q2 2023, worth a combined $359M — down 37% from $568M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of IAI and 12 opened new positions — a net loss of 27 holders — while 44 trimmed existing stakes and 16 added.
The largest buyer was Gradient Investments, opening a new position worth an estimated $19.6M. The largest seller was AssetMark Inc, cutting an estimated $113M.
- 84 institutional investors held iShares US Broker-Dealers & Securities Exchanges ETF (IAI) as of Q2 2023, down from 111 in Q1 2023.
- Funds reported $359M of iShares US Broker-Dealers & Securities Exchanges ETF stock for Q2 2023, down 37% quarter-over-quarter.
- 12 funds opened new iShares US Broker-Dealers & Securities Exchanges ETF positions in Q2 2023 and 39 closed out, a net change of -27 holders.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF buyer in Q2 2023 was Gradient Investments, an estimated $19.6M added.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF seller in Q2 2023 was AssetMark Inc, an estimated $113M sold.
Based on aggregated 13F filings for Q2 2023.